hot spot cambridge limited
hot spot cambridge limited Company Information
Group Structure
View All
Industry
Unlicensed restaurants and cafes
Registered Address
28 london road, gillingham, ME8 6YX
Website
-hot spot cambridge limited Estimated Valuation
Pomanda estimates the enterprise value of HOT SPOT CAMBRIDGE LIMITED at £441.6k based on a Turnover of £603.6k and 0.73x industry multiple (adjusted for size and gross margin).
hot spot cambridge limited Estimated Valuation
Pomanda estimates the enterprise value of HOT SPOT CAMBRIDGE LIMITED at £0 based on an EBITDA of £-19.2k and a 4.99x industry multiple (adjusted for size and gross margin).
hot spot cambridge limited Estimated Valuation
Pomanda estimates the enterprise value of HOT SPOT CAMBRIDGE LIMITED at £0 based on Net Assets of £-189.1k and 2.63x industry multiple (adjusted for liquidity).
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Hot Spot Cambridge Limited Overview
Hot Spot Cambridge Limited is a live company located in gillingham, ME8 6YX with a Companies House number of 10600799. 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 Cambridge Limited is a young, small sized company, Pomanda has estimated its turnover at £603.6k with rapid growth in recent years.
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Hot Spot Cambridge Limited Health Check
Pomanda's financial health check has awarded Hot Spot Cambridge Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
5 Weak
Size
annual sales of £603.6k, make it larger than the average company (£397.6k)
- Hot Spot Cambridge Limited
£397.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (11.5%)
- Hot Spot Cambridge 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 Cambridge Limited
61.5% - Industry AVG
Profitability
an operating margin of -7.7% make it less profitable than the average company (0.5%)
- Hot Spot Cambridge Limited
0.5% - Industry AVG
Employees
with 16 employees, this is similar to the industry average (17)
16 - Hot Spot Cambridge Limited
17 - Industry AVG
Pay Structure
on an average salary of £11.4k, the company has an equivalent pay structure (£11.4k)
- Hot Spot Cambridge Limited
£11.4k - Industry AVG
Efficiency
resulting in sales per employee of £37.7k, this is equally as efficient (£38.3k)
- Hot Spot Cambridge Limited
£38.3k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is later than average (5 days)
- Hot Spot Cambridge Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 144 days, this is slower than average (31 days)
- Hot Spot Cambridge Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 15 days, this is more than average (5 days)
- Hot Spot Cambridge Limited
5 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (32 weeks)
1 weeks - Hot Spot Cambridge Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 148.7%, this is a higher level of debt than the average (74.2%)
148.7% - Hot Spot Cambridge Limited
74.2% - Industry AVG
HOT SPOT CAMBRIDGE LIMITED financials
Hot Spot Cambridge Limited's latest turnover from September 2023 is estimated at £603.6 thousand and the company has net assets of -£189.1 thousand. According to their latest financial statements, Hot Spot Cambridge Limited has 16 employees and maintains cash reserves of £14.8 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 | 16 | 18 | 8 | 8 | 8 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Feb 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 344,752 | 371,779 | 397,155 | 428,777 | 462,429 | 42,606 | |
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 344,752 | 371,779 | 397,155 | 428,777 | 462,429 | 42,606 | |
| Stock & work in progress | 9,768 | 7,546 | 6,383 | 3,852 | 3,950 | ||
| Trade Debtors | 13,934 | 10,422 | 4,670 | 1,650 | 7,218 | ||
| Group Debtors | |||||||
| Misc Debtors | 5,306 | 5,848 | 11,590 | 17,730 | 8,749 | 45,156 | |
| Cash | 14,826 | 19,842 | 28,332 | 31,117 | 36,798 | 33,469 | 100 |
| misc current assets | |||||||
| total current assets | 43,834 | 43,658 | 50,975 | 54,349 | 56,715 | 78,625 | 100 |
| total assets | 388,586 | 415,437 | 448,130 | 483,126 | 519,144 | 121,231 | 100 |
| Bank overdraft | 13,305 | 14,119 | 10,648 | ||||
| Bank loan | |||||||
| Trade Creditors | 92,043 | 101,694 | 82,998 | 68,002 | 32,420 | 83,757 | |
| Group/Directors Accounts | 120,330 | ||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 455,534 | 412,373 | 425,270 | 560,686 | 611,026 | 1,500 | |
| total current liabilities | 560,882 | 528,186 | 518,916 | 628,688 | 643,446 | 205,587 | |
| loans | 16,799 | 26,627 | 36,018 | 50,000 | |||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | 16,799 | 26,627 | 36,018 | 50,000 | |||
| total liabilities | 577,681 | 554,813 | 554,934 | 678,688 | 643,446 | 205,587 | |
| net assets | -189,095 | -139,376 | -106,804 | -195,562 | -124,302 | -84,356 | 100 |
| total shareholders funds | -189,095 | -139,376 | -106,804 | -195,562 | -124,302 | -84,356 | 100 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Feb 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 27,484 | 29,876 | 31,928 | 34,931 | 38,105 | 7,575 | |
| Amortisation | |||||||
| Tax | |||||||
| Stock | 2,222 | 1,163 | 2,531 | -98 | 3,950 | ||
| Debtors | 2,970 | 10 | -3,120 | 3,413 | -29,189 | 45,156 | |
| Creditors | -9,651 | 18,696 | 14,996 | 35,582 | -51,337 | 83,757 | |
| Accruals and Deferred Income | 43,161 | -12,897 | -135,416 | -50,340 | 609,526 | 1,500 | |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | -120,330 | 120,330 | |||||
| Other Short Term Loans | |||||||
| Long term loans | -9,828 | -9,391 | -13,982 | 50,000 | |||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -5,016 | -8,490 | -2,785 | -5,681 | 3,329 | 33,469 | 100 |
| overdraft | -814 | 3,471 | 10,648 | ||||
| change in cash | -4,202 | -11,961 | -13,433 | -5,681 | 3,329 | 33,469 | 100 |
hot spot cambridge limited Credit Report and Business Information
Hot Spot Cambridge Limited Competitor Analysis
Perform a competitor analysis for hot spot cambridge limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in ME8 area or any other competitors across 12 key performance metrics.
hot spot cambridge limited Ownership
HOT SPOT CAMBRIDGE LIMITED group structure
Hot Spot Cambridge Limited has no subsidiary companies.
Ultimate parent company
HOT SPOT CAMBRIDGE LIMITED
10600799
hot spot cambridge limited directors
Hot Spot Cambridge 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
603.6k
-6%
operating profit
-46.6k
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
-189.1k
+0.36%
total assets
388.6k
-0.06%
cash
14.8k
-0.25%
net assets
Total assets minus all liabilities
Similar Companies
hot spot cambridge limited company details
company number
10600799
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, ME8 6YX
Bank
-
Legal Advisor
-
hot spot cambridge 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 cambridge limited.
hot spot cambridge 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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hot spot cambridge limited Companies House Filings - See Documents
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