mr singhs east london limited Company Information
Company Number
10221734
Website
mrsinghspizza.co.ukRegistered Address
387 eastern avenue, ilford, IG2 6LR
Industry
Unlicensed restaurants and cafes
Telephone
02082701234
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
jasneet singh 51%
tasvinder kaur 49%
mr singhs east london limited Estimated Valuation
Pomanda estimates the enterprise value of MR SINGHS EAST LONDON LIMITED at £218.2k based on a Turnover of £319k and 0.68x industry multiple (adjusted for size and gross margin).
mr singhs east london limited Estimated Valuation
Pomanda estimates the enterprise value of MR SINGHS EAST LONDON LIMITED at £0 based on an EBITDA of £-111.2k and a 3.77x industry multiple (adjusted for size and gross margin).
mr singhs east london limited Estimated Valuation
Pomanda estimates the enterprise value of MR SINGHS EAST LONDON LIMITED at £0 based on Net Assets of £-159.2k and 3.72x industry multiple (adjusted for liquidity).
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Mr Singhs East London Limited Overview
Mr Singhs East London Limited is a live company located in ilford, IG2 6LR with a Companies House number of 10221734. It operates in the unlicenced restaurants and cafes sector, SIC Code 56102. Founded in June 2016, it's largest shareholder is jasneet singh with a 51% stake. Mr Singhs East London Limited is a young, micro sized company, Pomanda has estimated its turnover at £319k with low growth in recent years.
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Mr Singhs East London Limited Health Check
Pomanda's financial health check has awarded Mr Singhs East London Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
1 Strong
![positive_score](/assets/images/scoreRate1.png)
2 Regular
![positive_score](/assets/images/scoreRate0.png)
7 Weak
![size](/assets/images/scoreRate1.png)
Size
annual sales of £319k, make it in line with the average company (£391.3k)
- Mr Singhs East London Limited
£391.3k - Industry AVG
![growth](/assets/images/scoreRate0.png)
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (10.8%)
- Mr Singhs East London Limited
10.8% - Industry AVG
![production](/assets/images/scoreRate0.png)
Production
with a gross margin of 37.2%, this company has a higher cost of product (60%)
- Mr Singhs East London Limited
60% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -34.9% make it less profitable than the average company (0.4%)
- Mr Singhs East London Limited
0.4% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 10 employees, this is below the industry average (15)
10 - Mr Singhs East London Limited
15 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £11.6k, the company has an equivalent pay structure (£11.6k)
- Mr Singhs East London Limited
£11.6k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £31.9k, this is less efficient (£38.4k)
- Mr Singhs East London Limited
£38.4k - Industry AVG
![debtordays](/assets/images/scoreRate0.png)
Debtor Days
it gets paid by customers after 35 days, this is later than average (5 days)
- Mr Singhs East London Limited
5 days - Industry AVG
![creditordays](/assets/images/scoreRate2.png)
Creditor Days
its suppliers are paid after 236 days, this is slower than average (30 days)
- Mr Singhs East London Limited
30 days - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mr Singhs East London Limited
- - Industry AVG
![cashbalance](/assets/images/scoreRate-1.png)
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mr Singhs East London Limited
- - Industry AVG
![debtlevel](/assets/images/scoreRate0.png)
Debt Level
it has a ratio of liabilities to total assets of 233.8%, this is a higher level of debt than the average (75.8%)
233.8% - Mr Singhs East London Limited
75.8% - Industry AVG
MR SINGHS EAST LONDON LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Mr Singhs East London Limited's latest turnover from June 2023 is estimated at £319 thousand and the company has net assets of -£159.2 thousand. According to their latest financial statements, Mr Singhs East London Limited has 10 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 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 | 10 | 8 | 8 | 10 | 13 | 10 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 87,625 | 107,400 | 128,883 | 153,074 | 180,363 | 209,857 | 246,588 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 87,625 | 107,400 | 128,883 | 153,074 | 180,363 | 209,857 | 246,588 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 31,323 | 45,926 | 77,133 | 30,036 | 13,862 | 12,050 | 7,264 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 513 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 250 | 0 |
total current assets | 31,323 | 45,926 | 77,133 | 30,036 | 14,375 | 12,300 | 7,264 |
total assets | 118,948 | 153,326 | 206,016 | 183,110 | 194,738 | 222,157 | 253,852 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 129,785 | 52,933 | 26,916 | 37,979 | 264,255 | 131,013 | 142,250 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 148,671 | 134,946 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 129,785 | 52,933 | 26,916 | 37,979 | 264,255 | 279,684 | 277,196 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 300 | 2,000 | 2,000 | 2,000 | 2,100 |
other liabilities | 148,343 | 148,343 | 192,343 | 213,020 | 0 | 5,708 | 21,234 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 148,343 | 148,343 | 192,643 | 215,020 | 2,000 | 7,708 | 23,334 |
total liabilities | 278,128 | 201,276 | 219,559 | 252,999 | 266,255 | 287,392 | 300,530 |
net assets | -159,180 | -47,950 | -13,543 | -69,889 | -71,517 | -65,235 | -46,678 |
total shareholders funds | -159,180 | -47,950 | -13,543 | -69,889 | -71,517 | -65,235 | -46,678 |
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | |||||||
Amortisation | |||||||
Tax | |||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -14,603 | -31,207 | 47,097 | 15,661 | 2,325 | 4,786 | 7,264 |
Creditors | 76,852 | 26,017 | -11,063 | -226,276 | 133,242 | -11,237 | 142,250 |
Accruals and Deferred Income | 0 | -300 | -1,700 | 0 | 0 | -100 | 2,100 |
Deferred Taxes & Provisions | 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 |
cash flow from investments | |||||||
Financing Activities | |||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | -148,671 | 13,725 | 134,946 |
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 | -44,000 | -20,677 | 213,020 | -5,708 | -15,526 | 21,234 |
share issue | |||||||
interest | |||||||
cash flow from financing | |||||||
cash and cash equivalents | |||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
mr singhs east london limited Credit Report and Business Information
Mr Singhs East London Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for mr singhs east london limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mr singhs east london limited Ownership
MR SINGHS EAST LONDON LIMITED group structure
Mr Singhs East London Limited has no subsidiary companies.
Ultimate parent company
MR SINGHS EAST LONDON LIMITED
10221734
mr singhs east london limited directors
Mr Singhs East London Limited currently has 2 directors. The longest serving directors include Mr Jasneet Singh (Jun 2016) and Mrs Tasvinder Kaur (Jun 2016).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Jasneet Singh | England | 33 years | Jun 2016 | - | Director |
Mrs Tasvinder Kaur | England | 37 years | Jun 2016 | - | Director |
P&L
June 2023turnover
319k
+29%
operating profit
-111.2k
0%
gross margin
37.2%
-13.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-159.2k
+2.32%
total assets
118.9k
-0.22%
cash
0
0%
net assets
Total assets minus all liabilities
mr singhs east london limited company details
company number
10221734
Type
Private limited with Share Capital
industry
56102 - Unlicensed restaurants and cafes
incorporation date
June 2016
age
8
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
387 eastern avenue, ilford, IG2 6LR
last accounts submitted
June 2023
mr singhs east london 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 mr singhs east london limited.
![charges](/assets/images/company_charges.png)
mr singhs east london limited Companies House Filings - See Documents
date | description | view/download |
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