springstar (london) ltd
springstar (london) ltd Company Information
Company Number
10243476
Website
-Registered Address
1st floor 44 worship street, london, EC2A 2EA
Industry
Licensed restaurants
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Directors
Cam Truong7 Years
Shareholders
gold mountain limited 60%
edenthrift ltd 40%
springstar (london) ltd Estimated Valuation
The estimated valuation range for springstar (london) ltd, derived from financial data as of June 2023 and the most recent industry multiples, is between £746k to £4.2m
springstar (london) ltd Estimated Valuation
The estimated valuation range for springstar (london) ltd, derived from financial data as of June 2023 and the most recent industry multiples, is between £746k to £4.2m
springstar (london) ltd Estimated Valuation
The estimated valuation range for springstar (london) ltd, derived from financial data as of June 2023 and the most recent industry multiples, is between £746k to £4.2m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Springstar (london) Ltd AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Springstar (london) Ltd Overview
Springstar (london) Ltd is a live company located in london, EC2A 2EA with a Companies House number of 10243476. It operates in the licenced restaurants sector, SIC Code 56101. Founded in June 2016, it's largest shareholder is gold mountain limited with a 60% stake. Springstar (london) Ltd is a young, small sized company, Pomanda has estimated its turnover at £4.4m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Springstar (london) Ltd Health Check
Pomanda's financial health check has awarded Springstar (London) Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
2 Weak
Size
annual sales of £4.4m, make it larger than the average company (£2m)
- Springstar (london) Ltd
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (5.3%)
- Springstar (london) Ltd
5.3% - Industry AVG
Production
with a gross margin of 37.3%, this company has a higher cost of product (56.8%)
- Springstar (london) Ltd
56.8% - Industry AVG
Profitability
an operating margin of 2.5% make it as profitable than the average company (2.4%)
- Springstar (london) Ltd
2.4% - Industry AVG
Employees
with 34 employees, this is similar to the industry average (39)
34 - Springstar (london) Ltd
39 - Industry AVG
Pay Structure
on an average salary of £18.8k, the company has an equivalent pay structure (£18.8k)
- Springstar (london) Ltd
£18.8k - Industry AVG
Efficiency
resulting in sales per employee of £129.3k, this is more efficient (£50.5k)
- Springstar (london) Ltd
£50.5k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is later than average (6 days)
- Springstar (london) Ltd
6 days - Industry AVG
Creditor Days
its suppliers are paid after 133 days, this is slower than average (49 days)
- Springstar (london) Ltd
49 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (12 days)
- Springstar (london) Ltd
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (11 weeks)
25 weeks - Springstar (london) Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.3%, this is a lower level of debt than the average (86%)
48.3% - Springstar (london) Ltd
86% - Industry AVG
springstar (london) ltd Credit Report and Business Information
Springstar (london) Ltd Competitor Analysis
Perform a competitor analysis for springstar (london) ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
springstar (london) ltd Ownership
SPRINGSTAR (LONDON) LTD group structure
Springstar (London) Ltd has no subsidiary companies.
Ultimate parent company
GOLD MOUNTAIN LTD
#0141286
1 parent
SPRINGSTAR (LONDON) LTD
10243476
springstar (london) ltd directors
Springstar (London) Ltd currently has 1 director, Mr Cam Truong serving since Jun 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Cam Truong | 60 years | Jun 2016 | - | Director |
SPRINGSTAR (LONDON) LTD financials
Springstar (London) Ltd's latest turnover from June 2023 is estimated at £4.4 million and the company has net assets of £1.2 million. According to their latest financial statements, Springstar (London) Ltd has 34 employees and maintains cash reserves of £497.1 thousand 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 | 34 | 29 | 24 | 27 | 25 | 24 | 25 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,059,313 | 1,134,652 | 1,177,420 | 1,294,481 | 1,442,407 | 1,662,890 | 1,464,586 |
| 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 | 1,059,313 | 1,134,652 | 1,177,420 | 1,294,481 | 1,442,407 | 1,662,890 | 1,464,586 |
| Stock & work in progress | 12,500 | 8,500 | 6,500 | 10,000 | 26,000 | 0 | 0 |
| Trade Debtors | 762,818 | 447,470 | 428,331 | 493,280 | 426,515 | 402,516 | 307,946 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 32,810 | 32,810 | 32,810 | 138,814 | 0 | 0 |
| Cash | 497,057 | 616,955 | 249,253 | 82,349 | 264,777 | 465,756 | 184,345 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 32,910 | 113,465 |
| total current assets | 1,272,375 | 1,105,735 | 716,894 | 618,439 | 856,106 | 901,182 | 605,756 |
| total assets | 2,331,688 | 2,240,387 | 1,894,314 | 1,912,920 | 2,298,513 | 2,564,072 | 2,070,342 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,011,478 | 1,012,538 | 1,028,880 | 1,013,974 | 1,034,540 | 1,049,981 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,011,478 | 1,012,538 | 1,028,880 | 1,013,974 | 1,034,540 | 1,049,981 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 113,715 | 124,938 | 125,868 | 122,549 | 49,060 | 63,860 | 4,555 |
| other liabilities | 0 | 0 | 233,333 | 266,667 | 366,667 | 466,667 | 823,808 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 113,715 | 124,938 | 359,201 | 389,216 | 415,727 | 530,527 | 828,363 |
| total liabilities | 1,125,193 | 1,137,476 | 1,388,081 | 1,403,190 | 1,450,267 | 1,580,508 | 828,363 |
| net assets | 1,206,495 | 1,102,911 | 506,233 | 509,730 | 848,246 | 983,564 | 1,241,979 |
| total shareholders funds | 1,206,495 | 1,102,911 | 506,233 | 509,730 | 848,246 | 983,564 | 1,241,979 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 89,134 | 107,968 | 118,661 | 147,926 | 246,243 | 245,341 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 4,000 | 2,000 | -3,500 | -16,000 | 26,000 | 0 | 0 |
| Debtors | 282,538 | 19,139 | -64,949 | -39,239 | 162,813 | 94,570 | 307,946 |
| Creditors | -1,060 | -16,342 | 14,906 | -20,566 | -15,441 | 1,049,981 | 0 |
| Accruals and Deferred Income | -11,223 | -930 | 3,319 | 73,489 | -14,800 | 59,305 | 4,555 |
| 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 | 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 | -233,333 | -33,334 | -100,000 | -100,000 | -357,141 | 823,808 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -119,898 | 367,702 | 166,904 | -182,428 | -200,979 | 281,411 | 184,345 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -119,898 | 367,702 | 166,904 | -182,428 | -200,979 | 281,411 | 184,345 |
P&L
June 2023turnover
4.4m
+135%
operating profit
110.3k
0%
gross margin
37.4%
+12.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
1.2m
+0.09%
total assets
2.3m
+0.04%
cash
497.1k
-0.19%
net assets
Total assets minus all liabilities
Similar Companies
springstar (london) ltd company details
company number
10243476
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
June 2016
age
8
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
1st floor 44 worship street, london, EC2A 2EA
last accounts submitted
June 2023
springstar (london) 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 springstar (london) ltd.
springstar (london) ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
