origins inc limited
origins inc limited Company Information
Company Number
10666893
Website
-Registered Address
5-7 ravensbourne road, bromley, kent, BR1 1HN
Industry
Other retail sale in non-specialised stores
Wholesale of clothing and footwear
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Directors
Hussain Farishta7 Years
Shareholders
mr hussain ali farishta 100%
origins inc limited Estimated Valuation
Pomanda estimates the enterprise value of ORIGINS INC LIMITED at £194.4k based on a Turnover of £653.2k and 0.3x industry multiple (adjusted for size and gross margin).
origins inc limited Estimated Valuation
Pomanda estimates the enterprise value of ORIGINS INC LIMITED at £121.8k based on an EBITDA of £36.3k and a 3.35x industry multiple (adjusted for size and gross margin).
origins inc limited Estimated Valuation
Pomanda estimates the enterprise value of ORIGINS INC LIMITED at £77.5k based on Net Assets of £35.2k and 2.2x industry multiple (adjusted for liquidity).
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Origins Inc Limited Overview
Origins Inc Limited is a dissolved company that was located in kent, BR1 1HN with a Companies House number of 10666893. It operated in the wholesale of clothing and footwear sector, SIC Code 46420. Founded in March 2017, it's largest shareholder was mr hussain ali farishta with a 100% stake. The last turnover for Origins Inc Limited was estimated at £653.2k.
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Origins Inc Limited Health Check
Pomanda's financial health check has awarded Origins Inc 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
2 Regular
5 Weak
Size
annual sales of £653.2k, make it smaller than the average company (£6.6m)
- Origins Inc Limited
£6.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (-2.3%)
- Origins Inc Limited
-2.3% - Industry AVG
Production
with a gross margin of 22.7%, this company has a higher cost of product (35.6%)
- Origins Inc Limited
35.6% - Industry AVG
Profitability
an operating margin of 5.6% make it more profitable than the average company (3.2%)
- Origins Inc Limited
3.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (36)
4 - Origins Inc Limited
36 - Industry AVG
Pay Structure
on an average salary of £26.5k, the company has an equivalent pay structure (£26.5k)
- Origins Inc Limited
£26.5k - Industry AVG
Efficiency
resulting in sales per employee of £163.3k, this is equally as efficient (£164.2k)
- Origins Inc Limited
£164.2k - Industry AVG
Debtor Days
it gets paid by customers after 96 days, this is later than average (25 days)
- Origins Inc Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 66 days, this is slower than average (33 days)
- Origins Inc Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Origins Inc Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Origins Inc Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.9%, this is a higher level of debt than the average (65%)
80.9% - Origins Inc Limited
65% - Industry AVG
ORIGINS INC LIMITED financials
Origins Inc Limited's latest turnover from March 2021 is estimated at £653.2 thousand and the company has net assets of £35.2 thousand. According to their latest financial statements, Origins Inc Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 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 | 4 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 173,331 | 124,276 | 73,396 | 80,055 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 10,533 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 2,600 |
| total current assets | 183,864 | 124,276 | 73,396 | 82,655 |
| total assets | 183,864 | 124,276 | 73,396 | 82,655 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 92,247 | 116,761 | 67,203 | 67,509 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 92,247 | 116,761 | 67,203 | 67,509 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 6,418 | 1,720 | 1,372 | 14,967 |
| other liabilities | 50,000 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 56,418 | 1,720 | 1,372 | 14,967 |
| total liabilities | 148,665 | 118,481 | 68,575 | 82,476 |
| net assets | 35,199 | 5,795 | 4,821 | 179 |
| total shareholders funds | 35,199 | 5,795 | 4,821 | 179 |
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 59,588 | 50,880 | -6,659 | 80,055 |
| Creditors | -24,514 | 49,558 | -306 | 67,509 |
| Accruals and Deferred Income | 4,698 | 348 | -13,595 | 14,967 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 50,000 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
origins inc limited Credit Report and Business Information
Origins Inc Limited Competitor Analysis
Perform a competitor analysis for origins inc limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in BR1 area or any other competitors across 12 key performance metrics.
origins inc limited Ownership
ORIGINS INC LIMITED group structure
Origins Inc Limited has no subsidiary companies.
Ultimate parent company
ORIGINS INC LIMITED
10666893
origins inc limited directors
Origins Inc Limited currently has 1 director, Mr Hussain Farishta serving since Apr 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hussain Farishta | England | 82 years | Apr 2017 | - | Director |
P&L
March 2021turnover
653.2k
+21%
operating profit
36.3k
0%
gross margin
22.8%
-7.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2021net assets
35.2k
+5.07%
total assets
183.9k
+0.48%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
origins inc limited company details
company number
10666893
Type
Private limited with Share Capital
industry
47190 - Other retail sale in non-specialised stores
46420 - Wholesale of clothing and footwear
incorporation date
March 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2021
address
5-7 ravensbourne road, bromley, kent, BR1 1HN
accountant
-
auditor
-
origins inc 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 origins inc limited. Currently there are 1 open charges and 0 have been satisfied in the past.
origins inc limited Companies House Filings - See Documents
| date | description | view/download |
|---|
