spier's salads ltd.
spier's salads ltd. Company Information
Group Structure
View All
Industry
Take away food shops and mobile food stands
+3Registered Address
the coach house unit 42, st marys business centre, bexley, kent, DA5 1LU
Website
www.spierssalads.comspier's salads ltd. Estimated Valuation
Pomanda estimates the enterprise value of SPIER'S SALADS LTD. at £132.9k based on a Turnover of £278.8k and 0.48x industry multiple (adjusted for size and gross margin).
spier's salads ltd. Estimated Valuation
Pomanda estimates the enterprise value of SPIER'S SALADS LTD. at £0 based on an EBITDA of £-9.6k and a 3.48x industry multiple (adjusted for size and gross margin).
spier's salads ltd. Estimated Valuation
Pomanda estimates the enterprise value of SPIER'S SALADS LTD. at £6.4k based on Net Assets of £2.4k and 2.72x industry multiple (adjusted for liquidity).
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Spier's Salads Ltd. Overview
Spier's Salads Ltd. is a live company located in bexley, DA5 1LU with a Companies House number of 10813687. It operates in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in June 2017, it's largest shareholder is martin sweeney with a 100% stake. Spier's Salads Ltd. is a young, micro sized company, Pomanda has estimated its turnover at £278.8k with rapid growth in recent years.
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Spier's Salads Ltd. Health Check
Pomanda's financial health check has awarded Spier'S Salads Ltd. a 2.5 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
1 Regular
6 Weak
Size
annual sales of £278.8k, make it smaller than the average company (£840.6k)
- Spier's Salads Ltd.
£840.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 54%, show it is growing at a faster rate (18.1%)
- Spier's Salads Ltd.
18.1% - Industry AVG
Production
with a gross margin of 25.7%, this company has a higher cost of product (45.9%)
- Spier's Salads Ltd.
45.9% - Industry AVG
Profitability
an operating margin of -3.4% make it less profitable than the average company (3.3%)
- Spier's Salads Ltd.
3.3% - Industry AVG
Employees
with 4 employees, this is below the industry average (14)
- Spier's Salads Ltd.
14 - Industry AVG
Pay Structure
on an average salary of £16.9k, the company has an equivalent pay structure (£16.9k)
- Spier's Salads Ltd.
£16.9k - Industry AVG
Efficiency
resulting in sales per employee of £69.7k, this is more efficient (£52.7k)
- Spier's Salads Ltd.
£52.7k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (22 days)
- Spier's Salads Ltd.
22 days - Industry AVG
Creditor Days
its suppliers are paid after 49 days, this is slower than average (29 days)
- Spier's Salads Ltd.
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spier's Salads Ltd.
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Spier's Salads Ltd.
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.5%, this is a higher level of debt than the average (77.3%)
96.5% - Spier's Salads Ltd.
77.3% - Industry AVG
SPIER'S SALADS LTD. financials
Spier'S Salads Ltd.'s latest turnover from June 2024 is estimated at £278.8 thousand and the company has net assets of £2.4 thousand. According to their latest financial statements, we estimate that Spier'S Salads Ltd. has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|---|
| Turnover | 222,334 | ||||||
| Other Income Or Grants | |||||||
| Cost Of Sales | 70,341 | ||||||
| Gross Profit | 151,993 | ||||||
| Admin Expenses | 148,695 | ||||||
| Operating Profit | 3,298 | ||||||
| Interest Payable | 332 | ||||||
| Interest Receivable | 28 | ||||||
| Pre-Tax Profit | 2,994 | ||||||
| Tax | -2,795 | ||||||
| Profit After Tax | 199 | ||||||
| Dividends Paid | |||||||
| Retained Profit | 199 | ||||||
| Employee Costs | |||||||
| Number Of Employees | 3 | 10 | 8 | 5 | |||
| EBITDA* | 15,346 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 18,427 | 23,035 | 27,765 | 39,813 | 15,969 | 19,479 | 3,223 |
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | 61,311 | ||||||
| Total Fixed Assets | 18,427 | 23,035 | 89,076 | 39,813 | 15,969 | 19,479 | 3,223 |
| Stock & work in progress | |||||||
| Trade Debtors | 48,047 | 52,167 | 12,257 | 24,764 | 10,528 | 5,581 | |
| Group Debtors | |||||||
| Misc Debtors | 3,886 | 3,918 | 8,285 | 25,142 | 8,197 | ||
| Cash | 4,260 | 36,079 | 12,607 | 19,287 | 18,982 | ||
| misc current assets | 3,710 | 4,432 | |||||
| total current assets | 48,047 | 52,167 | 20,403 | 68,471 | 25,324 | 54,957 | 32,760 |
| total assets | 66,474 | 75,202 | 109,479 | 108,284 | 41,293 | 74,436 | 35,983 |
| Bank overdraft | 49,187 | 50,000 | |||||
| Bank loan | |||||||
| Trade Creditors | 28,323 | 16,274 | 739 | 1,141 | 507 | 1,034 | 6,444 |
| Group/Directors Accounts | 269 | 13,123 | 36,397 | 68,130 | 32,078 | ||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 16,064 | 999 | 2,772 | 4,395 | 1,232 | ||
| total current liabilities | 28,323 | 16,274 | 66,259 | 65,263 | 39,676 | 73,559 | 39,754 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | 35,792 | 47,007 | |||||
| provisions | |||||||
| total long term liabilities | 35,792 | 47,007 | |||||
| total liabilities | 64,115 | 63,281 | 66,259 | 65,263 | 39,676 | 73,559 | 39,754 |
| net assets | 2,359 | 11,921 | 43,220 | 43,021 | 1,617 | 877 | -3,771 |
| total shareholders funds | 2,359 | 11,921 | 43,220 | 43,021 | 1,617 | 877 | -3,771 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 3,298 | ||||||
| Depreciation | 12,048 | 6,053 | 6,143 | 2,903 | 1,572 | ||
| Amortisation | |||||||
| Tax | -2,795 | ||||||
| Stock | |||||||
| Debtors | -4,120 | -25,287 | 48,772 | 20,397 | -27,385 | 21,892 | 13,778 |
| Creditors | 12,049 | 15,535 | -402 | 634 | -527 | -5,410 | 6,444 |
| Accruals and Deferred Income | -16,064 | 15,065 | -1,773 | -1,623 | 3,163 | 1,232 | |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | -21,558 | ||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | -269 | -12,854 | -23,274 | -31,733 | 36,052 | 32,078 | |
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | -11,215 | 47,007 | |||||
| share issue | |||||||
| interest | -304 | ||||||
| cash flow from financing | -13,158 | ||||||
| cash and cash equivalents | |||||||
| cash | -4,260 | -31,819 | 23,472 | -6,680 | 305 | 18,982 | |
| overdraft | -49,187 | -813 | 50,000 | ||||
| change in cash | 44,927 | -31,006 | -26,528 | -6,680 | 305 | 18,982 |
spier's salads ltd. Credit Report and Business Information
Spier's Salads Ltd. Competitor Analysis
Perform a competitor analysis for spier's salads ltd. by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in DA5 area or any other competitors across 12 key performance metrics.
spier's salads ltd. Ownership
SPIER'S SALADS LTD. group structure
Spier'S Salads Ltd. has no subsidiary companies.
Ultimate parent company
SPIER'S SALADS LTD.
10813687
spier's salads ltd. directors
Spier'S Salads Ltd. currently has 1 director, Mr Martin Sweeney serving since Mar 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Sweeney | United Kingdom | 46 years | Mar 2023 | - | Director |
P&L
June 2024turnover
278.8k
+6%
operating profit
-9.6k
0%
gross margin
25.7%
-1.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
2.4k
-0.8%
total assets
66.5k
-0.12%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
spier's salads ltd. company details
company number
10813687
Type
Private limited with Share Capital
industry
56103 - Take away food shops and mobile food stands
56210 - Event catering activities
56290 - Other food service activities
incorporation date
June 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2024
previous names
N/A
accountant
-
auditor
-
address
the coach house unit 42, st marys business centre, bexley, kent, DA5 1LU
Bank
-
Legal Advisor
-
spier's salads 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 spier's salads ltd..
spier's salads ltd. 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 SPIER'S SALADS LTD.. This can take several minutes, an email will notify you when this has completed.
spier's salads ltd. Companies House Filings - See Documents
| date | description | view/download |
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