spennymoor dp ltd
spennymoor dp ltd Company Information
Company Number
10303655
Website
https://www.raczgroup.co.ukRegistered Address
unit 10 evolution, wynyard business park, wynyard, TS22 5TB
Industry
Other retail sale of food in specialised stores
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Directors
Mike Racz8 Years
Shareholders
magna dp ltd 100%
spennymoor dp ltd Estimated Valuation
Pomanda estimates the enterprise value of SPENNYMOOR DP LTD at £261.3k based on a Turnover of £859.2k and 0.3x industry multiple (adjusted for size and gross margin).
spennymoor dp ltd Estimated Valuation
Pomanda estimates the enterprise value of SPENNYMOOR DP LTD at £667.9k based on an EBITDA of £176.7k and a 3.78x industry multiple (adjusted for size and gross margin).
spennymoor dp ltd Estimated Valuation
Pomanda estimates the enterprise value of SPENNYMOOR DP LTD at £2m based on Net Assets of £706k and 2.85x industry multiple (adjusted for liquidity).
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Spennymoor Dp Ltd Overview
Spennymoor Dp Ltd is a live company located in wynyard, TS22 5TB with a Companies House number of 10303655. It operates in the other retail sale of food in specialised stores sector, SIC Code 47290. Founded in July 2016, it's largest shareholder is magna dp ltd with a 100% stake. Spennymoor Dp Ltd is a young, small sized company, Pomanda has estimated its turnover at £859.2k with declining growth in recent years.
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Spennymoor Dp Ltd Health Check
Pomanda's financial health check has awarded Spennymoor Dp Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £859.2k, make it larger than the average company (£551.6k)
- Spennymoor Dp Ltd
£551.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -34%, show it is growing at a slower rate (6.4%)
- Spennymoor Dp Ltd
6.4% - Industry AVG
Production
with a gross margin of 36.1%, this company has a comparable cost of product (36.1%)
- Spennymoor Dp Ltd
36.1% - Industry AVG
Profitability
an operating margin of 18.6% make it more profitable than the average company (3.9%)
- Spennymoor Dp Ltd
3.9% - Industry AVG
Employees
with 35 employees, this is above the industry average (12)
35 - Spennymoor Dp Ltd
12 - Industry AVG
Pay Structure
on an average salary of £15k, the company has an equivalent pay structure (£15k)
- Spennymoor Dp Ltd
£15k - Industry AVG
Efficiency
resulting in sales per employee of £24.5k, this is less efficient (£76.4k)
- Spennymoor Dp Ltd
£76.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Spennymoor Dp Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (31 days)
- Spennymoor Dp Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (21 days)
- Spennymoor Dp Ltd
21 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (27 weeks)
12 weeks - Spennymoor Dp Ltd
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.4%, this is a lower level of debt than the average (79.6%)
19.4% - Spennymoor Dp Ltd
79.6% - Industry AVG
SPENNYMOOR DP LTD financials
Spennymoor Dp Ltd's latest turnover from December 2022 is estimated at £859.2 thousand and the company has net assets of £706 thousand. According to their latest financial statements, Spennymoor Dp Ltd has 35 employees and maintains cash reserves of £42.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Feb 2018 | Feb 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 | 35 | 34 | 34 | 23 | 26 | 30 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 77,584 | 90,473 | 105,765 | 124,919 | 132,085 | 141,140 | 0 |
| 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 | 77,584 | 90,473 | 105,765 | 124,919 | 132,085 | 141,140 | 0 |
| Stock & work in progress | 9,532 | 7,389 | 10,601 | 9,599 | 15,604 | 14,986 | 0 |
| Trade Debtors | 0 | 0 | 266,623 | 311,098 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 746,238 | 577,108 | 0 | 0 | 298,456 | 144,512 | 0 |
| Cash | 42,296 | 69,227 | 93,088 | 58,141 | 44,220 | 51,514 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 798,066 | 653,724 | 370,312 | 378,838 | 358,280 | 211,012 | 0 |
| total assets | 875,650 | 744,197 | 476,077 | 503,757 | 490,365 | 352,152 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 38,128 | 29,430 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 16,309 | 29,223 | 169,206 | 399,629 | 59,513 | 53,835 | 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 | 153,343 | 140,123 | 0 | 0 | 144,548 | 70,514 | 0 |
| total current liabilities | 169,652 | 169,346 | 169,206 | 399,629 | 242,189 | 153,779 | 0 |
| loans | 0 | 0 | 0 | 0 | 200,007 | 218,369 | 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 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 200,007 | 218,369 | 0 |
| total liabilities | 169,652 | 169,346 | 169,206 | 399,629 | 442,196 | 372,148 | 0 |
| net assets | 705,998 | 574,851 | 306,871 | 104,128 | 48,169 | -19,996 | 0 |
| total shareholders funds | 705,998 | 574,851 | 306,871 | 104,128 | 48,169 | -19,996 | 0 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 16,773 | 20,673 | 23,154 | 24,541 | 23,956 | 31,668 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||
| Stock | 2,143 | -3,212 | 1,002 | -6,005 | 15,604 | 14,986 | 0 |
| Debtors | 169,130 | 310,485 | -44,475 | 12,642 | 298,456 | 144,512 | 0 |
| Creditors | -12,914 | -139,983 | -230,423 | 340,116 | 59,513 | 53,835 | 0 |
| Accruals and Deferred Income | 13,220 | 140,123 | 0 | -144,548 | 144,548 | 70,514 | 0 |
| 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 | -200,007 | 200,007 | 218,369 | 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 | -26,931 | -23,861 | 34,947 | 13,921 | 44,220 | 51,514 | 0 |
| overdraft | 0 | 0 | 0 | -38,128 | 38,128 | 29,430 | 0 |
| change in cash | -26,931 | -23,861 | 34,947 | 52,049 | 6,092 | 22,084 | 0 |
spennymoor dp ltd Credit Report and Business Information
Spennymoor Dp Ltd Competitor Analysis
Perform a competitor analysis for spennymoor dp 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 TS22 area or any other competitors across 12 key performance metrics.
spennymoor dp ltd Ownership
SPENNYMOOR DP LTD group structure
Spennymoor Dp Ltd has no subsidiary companies.
Ultimate parent company
2 parents
SPENNYMOOR DP LTD
10303655
spennymoor dp ltd directors
Spennymoor Dp Ltd currently has 1 director, Mr Mike Racz serving since Jul 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mike Racz | England | 42 years | Jul 2016 | - | Director |
P&L
December 2022turnover
859.2k
0%
operating profit
160k
0%
gross margin
36.1%
+1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
706k
+0.23%
total assets
875.7k
+0.18%
cash
42.3k
-0.39%
net assets
Total assets minus all liabilities
Similar Companies
spennymoor dp ltd company details
company number
10303655
Type
Private limited with Share Capital
industry
47290 - Other retail sale of food in specialised stores
incorporation date
July 2016
age
8
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
unit 10 evolution, wynyard business park, wynyard, TS22 5TB
accountant
FLANNAGANS
auditor
-
spennymoor dp 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 found 4 charges/mortgages relating to spennymoor dp ltd. Currently there are 1 open charges and 3 have been satisfied in the past.
spennymoor dp ltd Companies House Filings - See Documents
| date | description | view/download |
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