harrold spices ltd
harrold spices ltd Company Information
Company Number
10825932
Website
spicesofparadise.co.ukRegistered Address
1st floor, fairclough house, church street, chorley, lancashire, PR7 4EX
Industry
Take away food shops and mobile food stands
Telephone
441234721779
Next Accounts Due
533 days late
Group Structure
View All
Directors
Abu Shohid7 Years
Shareholders
abu shohid 100%
harrold spices ltd Estimated Valuation
Pomanda estimates the enterprise value of HARROLD SPICES LTD at £57.5k based on a Turnover of £121.5k and 0.47x industry multiple (adjusted for size and gross margin).
harrold spices ltd Estimated Valuation
Pomanda estimates the enterprise value of HARROLD SPICES LTD at £0 based on an EBITDA of £-4.5k and a 3.72x industry multiple (adjusted for size and gross margin).
harrold spices ltd Estimated Valuation
Pomanda estimates the enterprise value of HARROLD SPICES LTD at £0 based on Net Assets of £-14.5k and 0.27x industry multiple (adjusted for liquidity).
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Harrold Spices Ltd Overview
Harrold Spices Ltd is a live company located in chorley, PR7 4EX with a Companies House number of 10825932. 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 abu shohid with a 100% stake. Harrold Spices Ltd is a young, micro sized company, Pomanda has estimated its turnover at £121.5k with rapid growth in recent years.
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Harrold Spices Ltd Health Check
Pomanda's financial health check has awarded Harrold Spices Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £121.5k, make it smaller than the average company (£206.5k)
- Harrold Spices Ltd
£206.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 63%, show it is growing at a faster rate (5.8%)
- Harrold Spices Ltd
5.8% - Industry AVG
Production
with a gross margin of 35.6%, this company has a higher cost of product (52.6%)
- Harrold Spices Ltd
52.6% - Industry AVG
Profitability
an operating margin of -3.7% make it less profitable than the average company (9.7%)
- Harrold Spices Ltd
9.7% - Industry AVG
Employees
with 6 employees, this is similar to the industry average (7)
6 - Harrold Spices Ltd
7 - Industry AVG
Pay Structure
on an average salary of £10.4k, the company has an equivalent pay structure (£10.4k)
- Harrold Spices Ltd
£10.4k - Industry AVG
Efficiency
resulting in sales per employee of £20.3k, this is less efficient (£37.6k)
- Harrold Spices Ltd
£37.6k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (18 days)
- Harrold Spices Ltd
18 days - Industry AVG
Creditor Days
its suppliers are paid after 293 days, this is slower than average (22 days)
- Harrold Spices Ltd
22 days - Industry AVG
Stock Days
it holds stock equivalent to 66 days, this is more than average (5 days)
- Harrold Spices Ltd
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 (31 weeks)
1 weeks - Harrold Spices Ltd
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 123.9%, this is a higher level of debt than the average (78.9%)
123.9% - Harrold Spices Ltd
78.9% - Industry AVG
HARROLD SPICES LTD financials
Harrold Spices Ltd's latest turnover from June 2021 is estimated at £121.5 thousand and the company has net assets of -£14.5 thousand. According to their latest financial statements, Harrold Spices Ltd has 6 employees and maintains cash reserves of £1.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2021 | Jun 2020 | Jun 2019 | Jun 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 | 6 | 6 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|
| Tangible Assets | 43,650 | 43,650 | 17,400 | 15,000 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 43,650 | 43,650 | 17,400 | 15,000 |
| Stock & work in progress | 14,360 | 10,265 | 7,968 | 6,975 |
| Trade Debtors | 1,340 | 2,726 | 3,450 | 1,350 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 1,536 | 6,830 | 4,421 | 1,860 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 17,236 | 19,821 | 15,839 | 10,185 |
| total assets | 60,886 | 63,471 | 33,239 | 25,185 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 62,930 | 68,483 | 14,443 | 8,464 |
| 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 | 62,930 | 68,483 | 14,443 | 8,464 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 12,500 | 5,000 | 15,000 | 20,000 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 12,500 | 5,000 | 15,000 | 20,000 |
| total liabilities | 75,430 | 73,483 | 29,443 | 28,464 |
| net assets | -14,544 | -10,012 | 3,796 | -3,279 |
| total shareholders funds | -14,544 | -10,012 | 3,796 | -3,279 |
| Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 4,095 | 2,297 | 993 | 6,975 |
| Debtors | -1,386 | -724 | 2,100 | 1,350 |
| Creditors | -5,553 | 54,040 | 5,979 | 8,464 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| 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 | 7,500 | -10,000 | -5,000 | 20,000 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -5,294 | 2,409 | 2,561 | 1,860 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -5,294 | 2,409 | 2,561 | 1,860 |
harrold spices ltd Credit Report and Business Information
Harrold Spices Ltd Competitor Analysis
Perform a competitor analysis for harrold spices ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in PR7 area or any other competitors across 12 key performance metrics.
harrold spices ltd Ownership
HARROLD SPICES LTD group structure
Harrold Spices Ltd has no subsidiary companies.
Ultimate parent company
HARROLD SPICES LTD
10825932
harrold spices ltd directors
Harrold Spices Ltd currently has 1 director, Mr Abu Shohid serving since Jun 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Abu Shohid | England | 34 years | Jun 2017 | - | Director |
P&L
June 2021turnover
121.5k
+3%
operating profit
-4.5k
0%
gross margin
35.6%
+7.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2021net assets
-14.5k
+0.45%
total assets
60.9k
-0.04%
cash
1.5k
-0.78%
net assets
Total assets minus all liabilities
Similar Companies
harrold spices ltd company details
company number
10825932
Type
Private limited with Share Capital
industry
56103 - Take away food shops and mobile food stands
incorporation date
June 2017
age
7
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
last accounts submitted
June 2021
address
1st floor, fairclough house, church street, chorley, lancashire, PR7 4EX
accountant
ACCURATE ACC LTD
auditor
-
harrold spices 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 harrold spices ltd.
harrold spices ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
