scrann ltd
scrann ltd Company Information
Company Number
10554514
Website
www.scrann.co.ukRegistered Address
cobalt business exchange, cobalt park way, wallsend, newcastle upon tyne, NE28 9NZ
Industry
Licensed restaurants
Telephone
441642641589
Next Accounts Due
346 days late
Group Structure
View All
Shareholders
ashley wem 50%
barry faulkner 50%
scrann ltd Estimated Valuation
Pomanda estimates the enterprise value of SCRANN LTD at £298.5k based on a Turnover of £445.8k and 0.67x industry multiple (adjusted for size and gross margin).
scrann ltd Estimated Valuation
Pomanda estimates the enterprise value of SCRANN LTD at £120.2k based on an EBITDA of £23.6k and a 5.09x industry multiple (adjusted for size and gross margin).
scrann ltd Estimated Valuation
Pomanda estimates the enterprise value of SCRANN LTD at £0 based on Net Assets of £-38k and 3.04x industry multiple (adjusted for liquidity).
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Scrann Ltd Overview
Scrann Ltd is a live company located in wallsend, NE28 9NZ with a Companies House number of 10554514. It operates in the licenced restaurants sector, SIC Code 56101. Founded in January 2017, it's largest shareholder is ashley wem with a 50% stake. Scrann Ltd is a young, micro sized company, Pomanda has estimated its turnover at £445.8k with declining growth in recent years.
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Scrann Ltd Health Check
Pomanda's financial health check has awarded Scrann Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £445.8k, make it smaller than the average company (£1m)
- Scrann Ltd
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a faster rate (-12%)
- Scrann Ltd
-12% - Industry AVG
Production
with a gross margin of 59.8%, this company has a comparable cost of product (59.8%)
- Scrann Ltd
59.8% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (1.9%)
- Scrann Ltd
1.9% - Industry AVG
Employees
with 17 employees, this is below the industry average (36)
17 - Scrann Ltd
36 - Industry AVG
Pay Structure
on an average salary of £17.8k, the company has an equivalent pay structure (£17.8k)
- Scrann Ltd
£17.8k - Industry AVG
Efficiency
resulting in sales per employee of £26.2k, this is less efficient (£36k)
- Scrann Ltd
£36k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Scrann Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (76 days)
- Scrann Ltd
76 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is less than average (18 days)
- Scrann Ltd
18 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is more cash available to meet short term requirements (15 weeks)
24 weeks - Scrann Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 135.8%, this is a higher level of debt than the average (90.8%)
135.8% - Scrann Ltd
90.8% - Industry AVG
SCRANN LTD financials
Scrann Ltd's latest turnover from January 2022 is estimated at £445.8 thousand and the company has net assets of -£38 thousand. According to their latest financial statements, Scrann Ltd has 17 employees and maintains cash reserves of £51.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|
| 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 | 17 | 14 | 14 | 14 | 14 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 42,688 | 63,725 | 91,432 | 118,440 | 137,175 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 7,134 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 49,822 | 63,725 | 91,432 | 118,440 | 137,175 |
| Stock & work in progress | 4,500 | 4,500 | 6,000 | 6,000 | 6,830 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 303 | 733 | 290 | 18,373 |
| Cash | 51,632 | 31,524 | 25,062 | 29,427 | 29,047 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 56,132 | 36,327 | 31,795 | 35,717 | 54,250 |
| total assets | 105,954 | 100,052 | 123,227 | 154,157 | 191,425 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 14,280 | 3,356 | 22,620 | 30,225 | 35,343 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 96,305 | 93,645 | 184,512 | 182,259 | 181,153 |
| total current liabilities | 110,585 | 97,001 | 207,132 | 212,484 | 216,496 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 33,333 | 42,901 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 33,333 | 42,901 | 0 | 0 | 0 |
| total liabilities | 143,918 | 139,902 | 207,132 | 212,484 | 216,496 |
| net assets | -37,964 | -39,850 | -83,905 | -58,327 | -25,071 |
| total shareholders funds | -37,964 | -39,850 | -83,905 | -58,327 | -25,071 |
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 21,400 | 29,114 | 29,341 | 27,881 | 11,500 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | -1,500 | 0 | -830 | 6,830 |
| Debtors | 6,831 | -430 | 443 | -18,083 | 18,373 |
| Creditors | 10,924 | -19,264 | -7,605 | -5,118 | 35,343 |
| Accruals and Deferred Income | 2,660 | -90,867 | 2,253 | 1,106 | 181,153 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -9,568 | 42,901 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 20,108 | 6,462 | -4,365 | 380 | 29,047 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 20,108 | 6,462 | -4,365 | 380 | 29,047 |
scrann ltd Credit Report and Business Information
Scrann Ltd Competitor Analysis
Perform a competitor analysis for scrann ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in NE28 area or any other competitors across 12 key performance metrics.
scrann ltd Ownership
SCRANN LTD group structure
Scrann Ltd has no subsidiary companies.
Ultimate parent company
SCRANN LTD
10554514
scrann ltd directors
Scrann Ltd currently has 2 directors. The longest serving directors include Mr Barry Faulkner (Jan 2017) and Mr Ashley Wem (Jan 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Barry Faulkner | 52 years | Jan 2017 | - | Director | |
| Mr Ashley Wem | 57 years | Jan 2017 | - | Director |
P&L
January 2022turnover
445.8k
+22%
operating profit
2.2k
0%
gross margin
59.8%
+3.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2022net assets
-38k
-0.05%
total assets
106k
+0.06%
cash
51.6k
+0.64%
net assets
Total assets minus all liabilities
scrann ltd company details
company number
10554514
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
January 2017
age
7
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
January 2022
address
cobalt business exchange, cobalt park way, wallsend, newcastle upon tyne, NE28 9NZ
accountant
-
auditor
-
scrann 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 scrann ltd.
scrann ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
