hot spot (tunbridge wells) limited
hot spot (tunbridge wells) limited Company Information
Group Structure
View All
Industry
Unlicensed restaurants and cafes
Registered Address
28 london road, gillingham, kent, ME8 6YX
Website
www.floorsave.co.ukhot spot (tunbridge wells) limited Estimated Valuation
Pomanda estimates the enterprise value of HOT SPOT (TUNBRIDGE WELLS) LIMITED at £302.7k based on a Turnover of £415.6k and 0.73x industry multiple (adjusted for size and gross margin).
hot spot (tunbridge wells) limited Estimated Valuation
Pomanda estimates the enterprise value of HOT SPOT (TUNBRIDGE WELLS) LIMITED at £0 based on an EBITDA of £-46k and a 4.97x industry multiple (adjusted for size and gross margin).
hot spot (tunbridge wells) limited Estimated Valuation
Pomanda estimates the enterprise value of HOT SPOT (TUNBRIDGE WELLS) LIMITED at £0 based on Net Assets of £-495.1k and 2.63x industry multiple (adjusted for liquidity).
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Hot Spot (tunbridge Wells) Limited Overview
Hot Spot (tunbridge Wells) Limited is a live company located in kent, ME8 6YX with a Companies House number of 10600724. It operates in the unlicenced restaurants and cafes sector, SIC Code 56102. Founded in February 2017, it's largest shareholder is babar mumtaz with a 100% stake. Hot Spot (tunbridge Wells) Limited is a young, micro sized company, Pomanda has estimated its turnover at £415.6k with healthy growth in recent years.
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Hot Spot (tunbridge Wells) Limited Health Check
Pomanda's financial health check has awarded Hot Spot (Tunbridge Wells) Limited a 2 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
1 Strong
4 Regular
7 Weak
Size
annual sales of £415.6k, make it in line with the average company (£397.6k)
- Hot Spot (tunbridge Wells) Limited
£397.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (11.5%)
- Hot Spot (tunbridge Wells) Limited
11.5% - Industry AVG
Production
with a gross margin of 61.5%, this company has a comparable cost of product (61.5%)
- Hot Spot (tunbridge Wells) Limited
61.5% - Industry AVG
Profitability
an operating margin of -18.6% make it less profitable than the average company (0.5%)
- Hot Spot (tunbridge Wells) Limited
0.5% - Industry AVG
Employees
with 11 employees, this is below the industry average (17)
11 - Hot Spot (tunbridge Wells) Limited
17 - Industry AVG
Pay Structure
on an average salary of £11.4k, the company has an equivalent pay structure (£11.4k)
- Hot Spot (tunbridge Wells) Limited
£11.4k - Industry AVG
Efficiency
resulting in sales per employee of £37.8k, this is equally as efficient (£38.3k)
- Hot Spot (tunbridge Wells) Limited
£38.3k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is later than average (5 days)
- Hot Spot (tunbridge Wells) Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (31 days)
- Hot Spot (tunbridge Wells) Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 16 days, this is more than average (5 days)
- Hot Spot (tunbridge Wells) Limited
5 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (32 weeks)
0 weeks - Hot Spot (tunbridge Wells) Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 261.5%, this is a higher level of debt than the average (74.2%)
261.5% - Hot Spot (tunbridge Wells) Limited
74.2% - Industry AVG
HOT SPOT (TUNBRIDGE WELLS) LIMITED financials
Hot Spot (Tunbridge Wells) Limited's latest turnover from September 2023 is estimated at £415.6 thousand and the company has net assets of -£495.1 thousand. According to their latest financial statements, Hot Spot (Tunbridge Wells) Limited has 11 employees and maintains cash reserves of £6.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Feb 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 | 11 | 12 | 10 | 10 | 10 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Feb 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 258,343 | 289,440 | 319,735 | 349,937 | 380,155 | 414,237 | |
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 258,343 | 289,440 | 319,735 | 349,937 | 380,155 | 414,237 | |
| Stock & work in progress | 7,432 | 7,432 | 7,432 | 4,429 | 4,762 | 4,025 | |
| Trade Debtors | 11,775 | 11,159 | 13,754 | 42,976 | |||
| Group Debtors | 6,985 | ||||||
| Misc Debtors | 22,729 | 22,728 | 24,471 | 27,691 | 64,180 | 14,318 | |
| Cash | 6,282 | 13,934 | 37,056 | 50,664 | 20,127 | 76,676 | 1 |
| misc current assets | |||||||
| total current assets | 48,218 | 55,253 | 82,713 | 82,784 | 89,069 | 144,980 | 1 |
| total assets | 306,561 | 344,693 | 402,448 | 432,721 | 469,224 | 559,217 | 1 |
| Bank overdraft | 48,624 | 48,624 | 48,624 | ||||
| Bank loan | 59,272 | 59,272 | 52,173 | ||||
| Trade Creditors | 7,005 | 8,739 | 11,496 | 21,317 | 27,291 | 109,411 | |
| Group/Directors Accounts | 210,467 | ||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 684,953 | 574,763 | 533,560 | 566,271 | 483,537 | 94,172 | |
| total current liabilities | 751,230 | 642,774 | 597,229 | 636,212 | 559,452 | 462,674 | |
| loans | 50,469 | 105,038 | 164,673 | 213,161 | 203,256 | 241,944 | |
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | 50,469 | 105,038 | 164,673 | 213,161 | 203,256 | 241,944 | |
| total liabilities | 801,699 | 747,812 | 761,902 | 849,373 | 762,708 | 704,618 | |
| net assets | -495,138 | -403,119 | -359,454 | -416,652 | -293,484 | -145,401 | 1 |
| total shareholders funds | -495,138 | -403,119 | -359,454 | -416,652 | -293,484 | -145,401 | 1 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Feb 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 31,097 | 31,160 | 32,002 | 32,718 | 34,082 | ||
| Amortisation | |||||||
| Tax | |||||||
| Stock | 3,003 | -333 | 737 | 4,025 | |||
| Debtors | 617 | -4,338 | 10,534 | -36,489 | -99 | 64,279 | |
| Creditors | -1,734 | -2,757 | -9,821 | -5,974 | -82,120 | 109,411 | |
| Accruals and Deferred Income | 110,190 | 41,203 | -32,711 | 82,734 | 389,365 | 94,172 | |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 7,099 | 52,173 | |||||
| Group/Directors Accounts | -210,467 | 210,467 | |||||
| Other Short Term Loans | |||||||
| Long term loans | -54,569 | -59,635 | -48,488 | 9,905 | -38,688 | 241,944 | |
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -7,652 | -23,122 | -13,608 | 30,537 | -56,549 | 76,676 | 1 |
| overdraft | -48,624 | 48,624 | |||||
| change in cash | -7,652 | -23,122 | 35,016 | 30,537 | -56,549 | 28,052 | 1 |
hot spot (tunbridge wells) limited Credit Report and Business Information
Hot Spot (tunbridge Wells) Limited Competitor Analysis
Perform a competitor analysis for hot spot (tunbridge wells) limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in ME8 area or any other competitors across 12 key performance metrics.
hot spot (tunbridge wells) limited Ownership
HOT SPOT (TUNBRIDGE WELLS) LIMITED group structure
Hot Spot (Tunbridge Wells) Limited has no subsidiary companies.
hot spot (tunbridge wells) limited directors
Hot Spot (Tunbridge Wells) Limited currently has 1 director, Mr Babar Mumtaz serving since Feb 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Babar Mumtaz | England | 57 years | Feb 2017 | - | Director |
P&L
September 2023turnover
415.6k
-11%
operating profit
-77.1k
0%
gross margin
61.6%
-3.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-495.1k
+0.23%
total assets
306.6k
-0.11%
cash
6.3k
-0.55%
net assets
Total assets minus all liabilities
Similar Companies
hot spot (tunbridge wells) limited company details
company number
10600724
Type
Private limited with Share Capital
industry
56102 - Unlicensed restaurants and cafes
incorporation date
February 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
KING & KING
auditor
-
address
28 london road, gillingham, kent, ME8 6YX
Bank
-
Legal Advisor
-
hot spot (tunbridge wells) 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 hot spot (tunbridge wells) limited.
hot spot (tunbridge wells) 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.
Click to start generating capital raising & share issue transactions for HOT SPOT (TUNBRIDGE WELLS) LIMITED. This can take several minutes, an email will notify you when this has completed.
hot spot (tunbridge wells) limited Companies House Filings - See Documents
| date | description | view/download |
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