pick n save supermarkets limited

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pick n save supermarkets limited Company Information

Share PICK N SAVE SUPERMARKETS LIMITED

Company Number

10482272

Shareholders

soranjeet singh ahudja

jagmit singh ahudja

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Group Structure

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Industry

Other retail sale of food in specialised stores

 +3

Registered Address

202-204 kenton road, kenton, harrow, HA3 8BX

pick n save supermarkets limited Estimated Valuation

£793.9k

Pomanda estimates the enterprise value of PICK N SAVE SUPERMARKETS LIMITED at £793.9k based on a Turnover of £2.4m and 0.34x industry multiple (adjusted for size and gross margin).

pick n save supermarkets limited Estimated Valuation

£1m

Pomanda estimates the enterprise value of PICK N SAVE SUPERMARKETS LIMITED at £1m based on an EBITDA of £264.6k and a 3.82x industry multiple (adjusted for size and gross margin).

pick n save supermarkets limited Estimated Valuation

£964k

Pomanda estimates the enterprise value of PICK N SAVE SUPERMARKETS LIMITED at £964k based on Net Assets of £375.5k and 2.57x industry multiple (adjusted for liquidity).

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Pick N Save Supermarkets Limited Overview

Pick N Save Supermarkets Limited is a live company located in harrow, HA3 8BX with a Companies House number of 10482272. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in November 2016, it's largest shareholder is soranjeet singh ahudja with a 50% stake. Pick N Save Supermarkets Limited is a young, small sized company, Pomanda has estimated its turnover at £2.4m with declining growth in recent years.

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Pick N Save Supermarkets Limited Health Check

Pomanda's financial health check has awarded Pick N Save Supermarkets Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £2.4m, make it larger than the average company (£1.7m)

£2.4m - Pick N Save Supermarkets Limited

£1.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (7.8%)

0% - Pick N Save Supermarkets Limited

7.8% - Industry AVG

production

Production

with a gross margin of 32.4%, this company has a comparable cost of product (32.4%)

32.4% - Pick N Save Supermarkets Limited

32.4% - Industry AVG

profitability

Profitability

an operating margin of 9.7% make it more profitable than the average company (4%)

9.7% - Pick N Save Supermarkets Limited

4% - Industry AVG

employees

Employees

with 20 employees, this is similar to the industry average (20)

20 - Pick N Save Supermarkets Limited

20 - Industry AVG

paystructure

Pay Structure

on an average salary of £18.6k, the company has an equivalent pay structure (£18.6k)

£18.6k - Pick N Save Supermarkets Limited

£18.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £117.9k, this is more efficient (£100.4k)

£117.9k - Pick N Save Supermarkets Limited

£100.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 15 days, this is later than average (9 days)

15 days - Pick N Save Supermarkets Limited

9 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 90 days, this is slower than average (30 days)

90 days - Pick N Save Supermarkets Limited

30 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 60 days, this is more than average (41 days)

60 days - Pick N Save Supermarkets Limited

41 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 27 weeks, this is more cash available to meet short term requirements (22 weeks)

27 weeks - Pick N Save Supermarkets Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 67.9%, this is a similar level of debt than the average (68.4%)

67.9% - Pick N Save Supermarkets Limited

68.4% - Industry AVG

PICK N SAVE SUPERMARKETS LIMITED financials

EXPORTms excel logo

Pick N Save Supermarkets Limited's latest turnover from March 2024 is estimated at £2.4 million and the company has net assets of £375.5 thousand. According to their latest financial statements, Pick N Save Supermarkets Limited has 20 employees and maintains cash reserves of £336.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Turnover2,357,7811,954,0002,243,1582,389,5391,638,4731,623,7521,088,987
Other Income Or Grants
Cost Of Sales1,594,9071,321,9091,540,3101,684,2871,130,3921,118,372753,266
Gross Profit762,874632,091702,848705,251508,081505,380335,722
Admin Expenses533,540510,796950,512404,267362,937350,135432,091
Operating Profit229,334121,295-247,664300,984145,144155,245-96,369
Interest Payable20,56612,9713,1951,52513913,98413,319
Interest Receivable14,0675,6071,18927619750797
Pre-Tax Profit222,836113,931-249,669299,735145,202141,768-109,591
Tax-55,709-21,647-56,950-27,588-26,936
Profit After Tax167,12792,284-249,669242,785117,614114,832-109,591
Dividends Paid
Retained Profit167,12792,284-249,669242,785117,614114,832-109,591
Employee Costs371,782329,765391,391365,958309,583309,621221,544
Number Of Employees20192222181813
EBITDA*264,558136,448-234,155316,089163,885174,576-81,552

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Tangible Assets159,630188,59964,37273,41094,02191,07069,485
Intangible Assets2,1494,2996,4488,598
Investments & Other28,800
Debtors (Due After 1 year)
Total Fixed Assets188,430188,59964,37275,55998,32097,51878,083
Stock & work in progress262,450259,600293,536173,96045,550195,150176,826
Trade Debtors102,86833,7446,90523,52546,22114,85611,730
Group Debtors
Misc Debtors278,446389,374352,817588,255438,822342,413212,502
Cash336,274199,62564,229252,959298,13196,41338,768
misc current assets
total current assets980,038882,343717,4871,038,699828,724648,832439,826
total assets1,168,4681,070,942781,8591,114,258927,044746,350517,909
Bank overdraft76,00013,62910,0005,0004,544
Bank loan
Trade Creditors 393,712403,494547,365609,550395,807298,576142,834
Group/Directors Accounts
other short term finances
hp & lease commitments27,83227,832
other current liabilities132,970116,95861,51371,084390,398437,86974,746
total current liabilities630,514561,913618,878685,634786,205740,989217,580
loans81,183194,79834,65945,000409,800
hp & lease commitments68,22192,808
Accruals and Deferred Income
other liabilities
provisions13,04813,04812,23117,86417,864
total long term liabilities162,452300,65446,89062,86417,864409,800
total liabilities792,966862,567665,768748,498804,069740,989627,380
net assets375,502208,375116,091365,760122,9755,361-109,471
total shareholders funds375,502208,375116,091365,760122,9755,361-109,471
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Operating Activities
Operating Profit229,334121,295-247,664300,984145,144155,245-96,369
Depreciation35,22415,15311,36012,95516,59217,18112,668
Amortisation2,1492,1502,1492,1502,149
Tax-55,709-21,647-56,950-27,588-26,936
Stock2,850-33,936119,576128,410-149,60018,324176,826
Debtors-41,80463,396-252,058126,737127,774133,037224,232
Creditors-9,782-143,871-62,185213,74397,231155,742142,834
Accruals and Deferred Income16,01255,445-9,571-319,314-47,471363,12374,746
Deferred Taxes & Provisions817-5,63317,864
Cash flow from operations254,033-2,268-179,062-101,579225,747515,144-265,030
Investing Activities
capital expenditure-6,255-139,380-2,3227,656-19,543-38,766-92,900
Change in Investments28,800
cash flow from investments-35,055-139,380-2,3227,656-19,543-38,766-92,900
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-113,615160,139-10,34145,000-409,800409,800
Hire Purchase and Lease Commitments-24,587120,640
other long term liabilities
share issue120
interest-6,499-7,364-2,006-1,24958-13,477-13,222
cash flow from financing-144,701273,415-12,34743,75158-423,277396,698
cash and cash equivalents
cash136,649135,396-188,730-45,172201,71857,64538,768
overdraft62,3713,6295,0005,000-4,5444,544
change in cash74,278131,767-193,730-50,172206,26253,10138,768

pick n save supermarkets limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Pick N Save Supermarkets Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for pick n save supermarkets limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in HA3 area or any other competitors across 12 key performance metrics.

pick n save supermarkets limited Ownership

PICK N SAVE SUPERMARKETS LIMITED group structure

Pick N Save Supermarkets Limited has no subsidiary companies.

Ultimate parent company

PICK N SAVE SUPERMARKETS LIMITED

10482272

PICK N SAVE SUPERMARKETS LIMITED Shareholders

soranjeet singh ahudja 50%
jagmit singh ahudja 16.67%
eljit singh ahudja 16.67%
iljit kaur 16.67%

pick n save supermarkets limited directors

Pick N Save Supermarkets Limited currently has 2 directors. The longest serving directors include Mr Soranjeet Ahudja (Aug 2017) and Mr Eljit Ahudja (Nov 2019).

officercountryagestartendrole
Mr Soranjeet AhudjaEngland35 years Aug 2017- Director
Mr Eljit AhudjaEngland30 years Nov 2019- Director

P&L

March 2024

turnover

2.4m

+21%

operating profit

229.3k

0%

gross margin

32.4%

+0.02%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

375.5k

+0.8%

total assets

1.2m

+0.09%

cash

336.3k

+0.68%

net assets

Total assets minus all liabilities

pick n save supermarkets limited company details

company number

10482272

Type

Private limited with Share Capital

industry

47290 - Other retail sale of food in specialised stores

47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating

47210 - Retail sale of fruit and vegetables in specialised stores

incorporation date

November 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

202-204 kenton road, kenton, harrow, HA3 8BX

Bank

-

Legal Advisor

-

pick n save supermarkets 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 found 1 charges/mortgages relating to pick n save supermarkets limited. Currently there are 1 open charges and 0 have been satisfied in the past.

pick n save supermarkets limited 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.

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pick n save supermarkets limited Companies House Filings - See Documents

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