shearringtons ltd
shearringtons ltd Company Information
Company Number
09972230
Next Accounts
1194 days late
Directors
Shareholders
jurawar singh
shanaz khan
View AllGroup Structure
View All
Industry
Non-specialised wholesale of food, beverages and tobacco
Registered Address
09972230 - ch default address, cardiff, CF14 8LH
Website
-shearringtons ltd Estimated Valuation
Pomanda estimates the enterprise value of SHEARRINGTONS LTD at £761.4k based on a Turnover of £2.5m and 0.3x industry multiple (adjusted for size and gross margin).
shearringtons ltd Estimated Valuation
Pomanda estimates the enterprise value of SHEARRINGTONS LTD at £0 based on an EBITDA of £-144.3k and a 3.52x industry multiple (adjusted for size and gross margin).
shearringtons ltd Estimated Valuation
Pomanda estimates the enterprise value of SHEARRINGTONS LTD at £0 based on Net Assets of £-352.2k and 2.25x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Shearringtons Ltd Overview
Shearringtons Ltd is a live company located in cardiff, CF14 8LH with a Companies House number of 09972230. It operates in the non-specialised wholesale of food, beverages and tobacco sector, SIC Code 46390. Founded in January 2016, it's largest shareholder is jurawar singh with a 33% stake. Shearringtons Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.5m with rapid growth in recent years.
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Shearringtons Ltd Health Check
Pomanda's financial health check has awarded Shearringtons Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £2.5m, make it smaller than the average company (£29.4m)
- Shearringtons Ltd
£29.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 142%, show it is growing at a faster rate (4.9%)
- Shearringtons Ltd
4.9% - Industry AVG
Production
with a gross margin of 19.8%, this company has a comparable cost of product (19.8%)
- Shearringtons Ltd
19.8% - Industry AVG
Profitability
an operating margin of -5.7% make it less profitable than the average company (2.1%)
- Shearringtons Ltd
2.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (72)
3 - Shearringtons Ltd
72 - Industry AVG
Pay Structure
on an average salary of £31.1k, the company has an equivalent pay structure (£31.1k)
- Shearringtons Ltd
£31.1k - Industry AVG
Efficiency
resulting in sales per employee of £847.2k, this is more efficient (£355.9k)
- Shearringtons Ltd
£355.9k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is earlier than average (37 days)
- Shearringtons Ltd
37 days - Industry AVG
Creditor Days
its suppliers are paid after 123 days, this is slower than average (38 days)
- Shearringtons Ltd
38 days - Industry AVG
Stock Days
it holds stock equivalent to 21 days, this is less than average (34 days)
- Shearringtons Ltd
34 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (6 weeks)
1 weeks - Shearringtons Ltd
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 196.8%, this is a higher level of debt than the average (63%)
196.8% - Shearringtons Ltd
63% - Industry AVG
SHEARRINGTONS LTD financials
Shearringtons Ltd's latest turnover from January 2020 is estimated at £2.5 million and the company has net assets of -£352.2 thousand. According to their latest financial statements, Shearringtons Ltd has 3 employees and maintains cash reserves of £16.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 3 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|
| Tangible Assets | 249 | 311 | 389 | 187 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 249 | 311 | 389 | 187 |
| Stock & work in progress | 119,425 | 153,000 | 268,669 | 20,157 |
| Trade Debtors | 201,059 | 199,266 | 124,857 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 16,500 | 25,356 | 15,000 | 0 |
| Cash | 16,632 | 39,536 | 26,916 | 53 |
| misc current assets | 10,068 | 0 | 0 | 2,514 |
| total current assets | 363,684 | 417,158 | 435,442 | 22,724 |
| total assets | 363,933 | 417,469 | 435,831 | 22,911 |
| Bank overdraft | 0 | 0 | 1,335 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 690,237 | 583,360 | 283,102 | 19,685 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 25,926 | 42,148 | 191,160 | 1,006 |
| total current liabilities | 716,163 | 625,508 | 475,597 | 20,691 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 716,163 | 625,508 | 475,597 | 20,691 |
| net assets | -352,230 | -208,039 | -39,766 | 2,220 |
| total shareholders funds | -352,230 | -208,039 | -39,766 | 2,220 |
| Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 62 | 78 | 46 | |
| Amortisation | 0 | 0 | 0 | |
| Tax | ||||
| Stock | -33,575 | -115,669 | 248,512 | 20,157 |
| Debtors | -7,063 | 84,765 | 139,857 | 0 |
| Creditors | 106,877 | 300,258 | 263,417 | 19,685 |
| Accruals and Deferred Income | -16,222 | -149,012 | 190,154 | 1,006 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -22,904 | 12,620 | 26,863 | 53 |
| overdraft | 0 | -1,335 | 1,335 | 0 |
| change in cash | -22,904 | 13,955 | 25,528 | 53 |
shearringtons ltd Credit Report and Business Information
Shearringtons Ltd Competitor Analysis
Perform a competitor analysis for shearringtons 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 CF14 area or any other competitors across 12 key performance metrics.
shearringtons ltd Ownership
SHEARRINGTONS LTD group structure
Shearringtons Ltd has no subsidiary companies.
Ultimate parent company
SHEARRINGTONS LTD
09972230
shearringtons ltd directors
Shearringtons Ltd currently has 1 director, Mr Spencer Rogers serving since Jun 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Spencer Rogers | England | 54 years | Jun 2019 | - | Director |
P&L
January 2020turnover
2.5m
-5%
operating profit
-144.4k
0%
gross margin
19.8%
+3.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2020net assets
-352.2k
+0.69%
total assets
363.9k
-0.13%
cash
16.6k
-0.58%
net assets
Total assets minus all liabilities
shearringtons ltd company details
company number
09972230
Type
Private limited with Share Capital
industry
46390 - Non-specialised wholesale of food, beverages and tobacco
incorporation date
January 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2020
previous names
N/A
accountant
-
auditor
-
address
09972230 - ch default address, cardiff, CF14 8LH
Bank
-
Legal Advisor
-
shearringtons 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 shearringtons ltd.
shearringtons ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for SHEARRINGTONS LTD. This can take several minutes, an email will notify you when this has completed.
shearringtons ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
