stateside skates group holdings limited

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stateside skates group holdings limited Company Information

Share STATESIDE SKATES GROUP HOLDINGS LIMITED

Company Number

10740619

Shareholders

stateside skates global holdings limited

Group Structure

View All

Industry

Activities of head offices

 

Registered Address

35 ballards lane, london, N3 1XW

stateside skates group holdings limited Estimated Valuation

£399.1k

Pomanda estimates the enterprise value of STATESIDE SKATES GROUP HOLDINGS LIMITED at £399.1k based on a Turnover of £780.9k and 0.51x industry multiple (adjusted for size and gross margin).

stateside skates group holdings limited Estimated Valuation

£0

Pomanda estimates the enterprise value of STATESIDE SKATES GROUP HOLDINGS LIMITED at £0 based on an EBITDA of £-8.5m and a 4.04x industry multiple (adjusted for size and gross margin).

stateside skates group holdings limited Estimated Valuation

£6.2m

Pomanda estimates the enterprise value of STATESIDE SKATES GROUP HOLDINGS LIMITED at £6.2m based on Net Assets of £2.9m and 2.11x industry multiple (adjusted for liquidity).

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Stateside Skates Group Holdings Limited Overview

Stateside Skates Group Holdings Limited is a live company located in london, N3 1XW with a Companies House number of 10740619. It operates in the activities of head offices sector, SIC Code 70100. Founded in April 2017, it's largest shareholder is stateside skates global holdings limited with a 100% stake. Stateside Skates Group Holdings Limited is a young, small sized company, Pomanda has estimated its turnover at £780.9k with declining growth in recent years.

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Stateside Skates Group Holdings Limited Health Check

Pomanda's financial health check has awarded Stateside Skates Group Holdings Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £780.9k, make it smaller than the average company (£20.9m)

£780.9k - Stateside Skates Group Holdings Limited

£20.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (8.4%)

-1% - Stateside Skates Group Holdings Limited

8.4% - Industry AVG

production

Production

with a gross margin of 33.5%, this company has a comparable cost of product (33.5%)

33.5% - Stateside Skates Group Holdings Limited

33.5% - Industry AVG

profitability

Profitability

an operating margin of -1090.4% make it less profitable than the average company (5.7%)

-1090.4% - Stateside Skates Group Holdings Limited

5.7% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (115)

4 - Stateside Skates Group Holdings Limited

115 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)

£48.7k - Stateside Skates Group Holdings Limited

£48.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £195.2k, this is equally as efficient (£195.2k)

£195.2k - Stateside Skates Group Holdings Limited

£195.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Stateside Skates Group Holdings Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Stateside Skates Group Holdings Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Stateside Skates Group Holdings Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Stateside Skates Group Holdings Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 9.3%, this is a lower level of debt than the average (54.7%)

9.3% - Stateside Skates Group Holdings Limited

54.7% - Industry AVG

STATESIDE SKATES GROUP HOLDINGS LIMITED financials

EXPORTms excel logo

Stateside Skates Group Holdings Limited's latest turnover from January 2024 is estimated at £780.9 thousand and the company has net assets of £2.9 million. According to their latest financial statements, Stateside Skates Group Holdings Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Turnover780,931800,379844,127831,571
Other Income Or Grants
Cost Of Sales519,667544,970567,560562,309
Gross Profit261,264255,409276,567269,262
Admin Expenses8,776,958255,409293,556-1,917,025-6,845,606
Operating Profit-8,515,694-16,9892,186,2876,845,606
Interest Payable
Interest Receivable372
Pre-Tax Profit-8,515,694-1,906,354-16,9862,186,2946,845,609
Tax-415,396-1,300,666
Profit After Tax-8,515,694-1,906,354-16,9861,770,8985,544,943
Dividends Paid
Retained Profit-8,515,694-1,906,354-16,9861,770,8985,544,943
Employee Costs194,622230,832205,349207,921203,411
Number Of Employees455555
EBITDA*-8,515,694-16,9892,186,2876,845,606

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Tangible Assets18,090,000
Intangible Assets
Investments & Other3,250,00016,193,24218,099,59618,099,59618,090,00018,090,000
Debtors (Due After 1 year)
Total Fixed Assets3,250,00016,193,24218,099,59618,099,59618,090,00018,090,00018,090,000
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
Cash883943
misc current assets
total current assets883943
total assets3,250,00016,193,24218,099,59618,099,59618,090,00018,090,88318,090,943
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts303,1834,630,9964,630,9963,669,3741,987,437303,183303,183
other short term finances
hp & lease commitments
other current liabilities99,73599,7351,061,3572,733,6984,401,8496,172,807
total current liabilities303,1834,730,7314,730,7314,730,7314,721,1354,705,0326,475,990
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities303,1834,730,7314,730,7314,730,7314,721,1354,705,0326,475,990
net assets2,946,81711,462,51113,368,86513,368,86513,368,86513,385,85111,614,953
total shareholders funds2,946,81711,462,51113,368,86513,368,86513,368,86513,385,85111,614,953
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Operating Activities
Operating Profit-8,515,694-16,9892,186,2876,845,606
Depreciation
Amortisation
Tax-415,396-1,300,666
Stock
Debtors
Creditors
Accruals and Deferred Income-99,735-961,622-1,672,341-1,668,151-1,770,9586,172,807
Deferred Taxes & Provisions
Cash flow from operations-8,615,429-961,622-1,672,341-1,685,140-6711,717,747
Investing Activities
capital expenditure18,090,000-18,090,000
Change in Investments-12,943,242-1,906,3549,59618,090,000
cash flow from investments12,943,2421,906,354-9,596-18,090,000
Financing Activities
Bank loans
Group/Directors Accounts-4,327,813961,6221,681,9371,684,254303,183
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue6,070,010
interest372
cash flow from financing-4,327,813961,6221,681,9371,684,25776,373,195
cash and cash equivalents
cash-883-60943
overdraft
change in cash-883-60943

stateside skates group holdings 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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Stateside Skates Group Holdings Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for stateside skates group holdings limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in N 3 area or any other competitors across 12 key performance metrics.

stateside skates group holdings limited Ownership

STATESIDE SKATES GROUP HOLDINGS LIMITED group structure

Stateside Skates Group Holdings Limited has 1 subsidiary company.

Ultimate parent company

1 parent

STATESIDE SKATES GROUP HOLDINGS LIMITED

10740619

1 subsidiary

STATESIDE SKATES GROUP HOLDINGS LIMITED Shareholders

stateside skates global holdings limited 100%

stateside skates group holdings limited directors

Stateside Skates Group Holdings Limited currently has 4 directors. The longest serving directors include Mr Alistair Crichton (Apr 2017) and Mr Roy Coffer (Jun 2017).

officercountryagestartendrole
Mr Alistair CrichtonEngland38 years Apr 2017- Director
Mr Roy CofferUnited Kingdom72 years Jun 2017- Director
Mr Jonathan CofferEngland36 years Jun 2017- Director
Mrs Joy Coffer69 years Jun 2017- Director

P&L

January 2024

turnover

780.9k

0%

operating profit

-8.5m

0%

gross margin

33.5%

0%

turnover

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

Balance Sheet

January 2024

net assets

2.9m

-0.74%

total assets

3.3m

-0.8%

cash

0

0%

net assets

Total assets minus all liabilities

stateside skates group holdings limited company details

company number

10740619

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

April 2017

age

8

incorporated

UK

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

35 ballards lane, london, N3 1XW

Bank

-

Legal Advisor

-

stateside skates group holdings 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 stateside skates group holdings limited.

stateside skates group holdings 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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stateside skates group holdings limited Companies House Filings - See Documents

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