outskree design & sourcing ltd
outskree design & sourcing ltd Company Information
Company Number
09925547
Website
-Registered Address
6 foxglove court, south shields, NE34 0BH
Industry
Retail sale via mail order houses or via Internet
Retail sale of clothing in specialised stores
Telephone
08452170845
Next Accounts Due
October 2024
Group Structure
View All
Directors
Steven Walton1 Years
Shareholders
mr joseph oleksa winfield 51%
mr steven walton 49%
outskree design & sourcing ltd Estimated Valuation
Pomanda estimates the enterprise value of OUTSKREE DESIGN & SOURCING LTD at £711.9k based on a Turnover of £1.9m and 0.37x industry multiple (adjusted for size and gross margin).
outskree design & sourcing ltd Estimated Valuation
Pomanda estimates the enterprise value of OUTSKREE DESIGN & SOURCING LTD at £0 based on an EBITDA of £-7.2k and a 4.21x industry multiple (adjusted for size and gross margin).
outskree design & sourcing ltd Estimated Valuation
Pomanda estimates the enterprise value of OUTSKREE DESIGN & SOURCING LTD at £0 based on Net Assets of £-299.6k and 2.3x industry multiple (adjusted for liquidity).
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Outskree Design & Sourcing Ltd Overview
Outskree Design & Sourcing Ltd is a live company located in south shields, NE34 0BH with a Companies House number of 09925547. It operates in the retail sale of clothing in specialised stores sector, SIC Code 47710. Founded in December 2015, it's largest shareholder is mr joseph oleksa winfield with a 51% stake. Outskree Design & Sourcing Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.9m with high growth in recent years.
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Outskree Design & Sourcing Ltd Health Check
Pomanda's financial health check has awarded Outskree Design & Sourcing Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
8 Weak
Size
annual sales of £1.9m, make it smaller than the average company (£8.8m)
- Outskree Design & Sourcing Ltd
£8.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (4.8%)
- Outskree Design & Sourcing Ltd
4.8% - Industry AVG
Production
with a gross margin of 39.8%, this company has a comparable cost of product (39.8%)
- Outskree Design & Sourcing Ltd
39.8% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (3.9%)
- Outskree Design & Sourcing Ltd
3.9% - Industry AVG
Employees
with 11 employees, this is below the industry average (39)
- Outskree Design & Sourcing Ltd
39 - Industry AVG
Pay Structure
on an average salary of £29.6k, the company has an equivalent pay structure (£29.6k)
- Outskree Design & Sourcing Ltd
£29.6k - Industry AVG
Efficiency
resulting in sales per employee of £176.6k, this is less efficient (£210k)
- Outskree Design & Sourcing Ltd
£210k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is later than average (27 days)
- Outskree Design & Sourcing Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (38 days)
- Outskree Design & Sourcing Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Outskree Design & Sourcing Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Outskree Design & Sourcing Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 205.4%, this is a higher level of debt than the average (69.9%)
205.4% - Outskree Design & Sourcing Ltd
69.9% - Industry AVG
OUTSKREE DESIGN & SOURCING LTD financials
Outskree Design & Sourcing Ltd's latest turnover from January 2023 is estimated at £1.9 million and the company has net assets of -£299.6 thousand. According to their latest financial statements, we estimate that Outskree Design & Sourcing Ltd has 11 employees and maintains cash reserves of £787 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 179 | 4,939 | 30,439 | 36,961 |
| Intangible Assets | 0 | 0 | 0 | 0 | 6,947 | 15,496 | 24,045 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 179 | 11,886 | 45,935 | 61,006 |
| Stock & work in progress | 0 | 0 | 172,126 | 84,830 | 224,230 | 248,443 | 211,181 |
| Trade Debtors | 282,636 | 285,714 | 21,714 | 188,970 | 780 | 28,698 | 67,114 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 814 | 688 | 17,319 | 3,297 | 2,339 | 6,892 | 27,107 |
| Cash | 787 | 2,767 | 19,718 | 2,565 | 2,681 | 52,492 | 41,778 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 284,237 | 289,169 | 230,877 | 279,662 | 230,030 | 336,525 | 347,180 |
| total assets | 284,237 | 289,169 | 230,877 | 279,841 | 241,916 | 382,460 | 408,186 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,785 | 0 | 6,228 | 2,272 | 155 | 4,331 | 144,074 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 581,048 | 581,623 | 556,008 | 518,522 | 476,957 | 487,832 | 282,833 |
| total current liabilities | 583,833 | 581,623 | 562,236 | 520,794 | 477,112 | 492,163 | 426,907 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 52,000 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 52,000 | 0 |
| total liabilities | 583,833 | 581,623 | 562,236 | 520,794 | 477,112 | 544,163 | 426,907 |
| net assets | -299,596 | -292,454 | -331,359 | -240,953 | -235,196 | -161,703 | -18,721 |
| total shareholders funds | -299,596 | -292,454 | -331,359 | -240,953 | -235,196 | -161,703 | -18,721 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 179 | 540 | 8,322 | 8,322 | 1,945 |
| Amortisation | 0 | 0 | 0 | 0 | 8,549 | 8,549 | 1,603 |
| Tax | |||||||
| Stock | 0 | -172,126 | 87,296 | -139,400 | -24,213 | 37,262 | 211,181 |
| Debtors | -2,952 | 247,369 | -153,234 | 189,148 | -32,471 | -58,631 | 94,221 |
| Creditors | 2,785 | -6,228 | 3,956 | 2,117 | -4,176 | -139,743 | 144,074 |
| Accruals and Deferred Income | -575 | 25,615 | 37,486 | 41,565 | -10,875 | 204,999 | 282,833 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -52,000 | 52,000 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -1,980 | -16,951 | 17,153 | -116 | -49,811 | 10,714 | 41,778 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,980 | -16,951 | 17,153 | -116 | -49,811 | 10,714 | 41,778 |
outskree design & sourcing ltd Credit Report and Business Information
Outskree Design & Sourcing Ltd Competitor Analysis
Perform a competitor analysis for outskree design & sourcing ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in NE34 area or any other competitors across 12 key performance metrics.
outskree design & sourcing ltd Ownership
OUTSKREE DESIGN & SOURCING LTD group structure
Outskree Design & Sourcing Ltd has no subsidiary companies.
Ultimate parent company
OUTSKREE DESIGN & SOURCING LTD
09925547
outskree design & sourcing ltd directors
Outskree Design & Sourcing Ltd currently has 1 director, Mr Steven Walton serving since Jan 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven Walton | United Kingdom | 43 years | Jan 2023 | - | Director |
P&L
January 2023turnover
1.9m
-48%
operating profit
-7.2k
0%
gross margin
39.9%
+1.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
-299.6k
+0.02%
total assets
284.2k
-0.02%
cash
787
-0.72%
net assets
Total assets minus all liabilities
Similar Companies
outskree design & sourcing ltd company details
company number
09925547
Type
Private limited with Share Capital
industry
46420 - Wholesale of clothing and footwear
47910 - Retail sale via mail order houses or via Internet
47710 - Retail sale of clothing in specialised stores
incorporation date
December 2015
age
9
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
northcol 2 limited (August 2024)
kesmere ltd (April 2024)
last accounts submitted
January 2023
address
6 foxglove court, south shields, NE34 0BH
accountant
PM AND M SOLUTIONS FOR BUSINESS LLP
auditor
-
outskree design & sourcing ltd 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 outskree design & sourcing ltd.
outskree design & sourcing ltd Companies House Filings - See Documents
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