sparepenny limited
sparepenny limited Company Information
Company Number
09901719
Website
-Registered Address
figurit niddry lodge, 51 holland street, kensington, london, W8 7JB
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
dr david glyn horobin 26%
mrs helen edith horobin 26%
View Allsparepenny limited Estimated Valuation
Pomanda estimates the enterprise value of SPAREPENNY LIMITED at £512.6k based on a Turnover of £193.1k and 2.65x industry multiple (adjusted for size and gross margin).
sparepenny limited Estimated Valuation
Pomanda estimates the enterprise value of SPAREPENNY LIMITED at £0 based on an EBITDA of £-1.7k and a 5.76x industry multiple (adjusted for size and gross margin).
sparepenny limited Estimated Valuation
Pomanda estimates the enterprise value of SPAREPENNY LIMITED at £1.1m based on Net Assets of £691.9k and 1.62x industry multiple (adjusted for liquidity).
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Sparepenny Limited Overview
Sparepenny Limited is a live company located in kensington, W8 7JB with a Companies House number of 09901719. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2015, it's largest shareholder is dr david glyn horobin with a 26% stake. Sparepenny Limited is a young, micro sized company, Pomanda has estimated its turnover at £193.1k with declining growth in recent years.
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Sparepenny Limited Health Check
Pomanda's financial health check has awarded Sparepenny Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £193.1k, make it smaller than the average company (£812.7k)
- Sparepenny Limited
£812.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (4.1%)
- Sparepenny Limited
4.1% - Industry AVG
Production
with a gross margin of 45.7%, this company has a higher cost of product (80.1%)
- Sparepenny Limited
80.1% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (35.4%)
- Sparepenny Limited
35.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Sparepenny Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)
- Sparepenny Limited
£32.3k - Industry AVG
Efficiency
resulting in sales per employee of £96.6k, this is less efficient (£168k)
- Sparepenny Limited
£168k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is earlier than average (29 days)
- Sparepenny Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 3084 days, this is slower than average (38 days)
- Sparepenny Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sparepenny Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Sparepenny Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.2%, this is a similar level of debt than the average (60.9%)
56.2% - Sparepenny Limited
60.9% - Industry AVG
SPAREPENNY LIMITED financials
Sparepenny Limited's latest turnover from March 2024 is estimated at £193.1 thousand and the company has net assets of £691.9 thousand. According to their latest financial statements, Sparepenny Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,567,963 | 1,574,303 | 1,578,558 | 1,583,973 | 1,589,607 | 1,306,291 | 1,126,280 | 733,816 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,567,963 | 1,574,303 | 1,578,558 | 1,583,973 | 1,589,607 | 1,306,291 | 1,126,280 | 733,816 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 10,275 | 3,453 | 6,072 | 19,051 | 20,513 | 42,729 | 47,305 | 64,722 | 19,901 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21,643 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 465 | 0 |
| total current assets | 10,275 | 3,453 | 6,072 | 19,051 | 20,513 | 42,729 | 47,305 | 65,187 | 41,544 |
| total assets | 1,578,238 | 1,577,756 | 1,584,630 | 1,603,024 | 1,610,120 | 1,349,020 | 1,173,585 | 799,003 | 41,544 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 886,291 | 884,068 | 885,903 | 904,780 | 919,780 | 797,557 | 797,037 | 580,485 | 8,159 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 886,291 | 884,068 | 885,903 | 904,780 | 919,780 | 797,557 | 797,037 | 580,485 | 8,159 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 886,291 | 884,068 | 885,903 | 904,780 | 919,780 | 797,557 | 797,037 | 580,485 | 8,159 |
| net assets | 691,947 | 693,688 | 698,727 | 698,244 | 690,340 | 551,463 | 376,548 | 218,518 | 33,385 |
| total shareholders funds | 691,947 | 693,688 | 698,727 | 698,244 | 690,340 | 551,463 | 376,548 | 218,518 | 33,385 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | ||||||||
| Amortisation | 0 | ||||||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 6,822 | -2,619 | -12,979 | -1,462 | -22,216 | -4,576 | -17,417 | 44,821 | 19,901 |
| Creditors | 2,223 | -1,835 | -18,877 | -15,000 | 122,223 | 520 | 216,552 | 572,326 | 8,159 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -21,643 | 21,643 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -21,643 | 21,643 |
sparepenny limited Credit Report and Business Information
Sparepenny Limited Competitor Analysis
Perform a competitor analysis for sparepenny limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in W 8 area or any other competitors across 12 key performance metrics.
sparepenny limited Ownership
SPAREPENNY LIMITED group structure
Sparepenny Limited has no subsidiary companies.
Ultimate parent company
SPAREPENNY LIMITED
09901719
sparepenny limited directors
Sparepenny Limited currently has 2 directors. The longest serving directors include Mrs Helen Horobin (Dec 2015) and Dr David Horobin (Dec 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Helen Horobin | United Kingdom | 67 years | Dec 2015 | - | Director |
| Dr David Horobin | United Kingdom | 67 years | Dec 2015 | - | Director |
P&L
March 2024turnover
193.1k
-8%
operating profit
-1.7k
0%
gross margin
45.7%
+37.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
691.9k
0%
total assets
1.6m
0%
cash
0
0%
net assets
Total assets minus all liabilities
sparepenny limited company details
company number
09901719
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
December 2015
age
9
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2024
address
figurit niddry lodge, 51 holland street, kensington, london, W8 7JB
accountant
-
auditor
-
sparepenny limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to sparepenny limited.
sparepenny limited Companies House Filings - See Documents
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