Washing and (dry-)cleaning of textile and fur products
Registered Address
422 wheatley lane road, fence, burnley, BB129ED
Website
-
hot off the press ironing services ltdEstimated Valuation
£25.6k
Pomanda estimates the enterprise value of HOT OFF THE PRESS IRONING SERVICES LTD at £25.6k based on a Turnover of £47.7k and 0.54x industry multiple (adjusted for size and gross margin).
hot off the press ironing services ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of HOT OFF THE PRESS IRONING SERVICES LTD at £0 based on an EBITDA of £-1.8k and a 3.02x industry multiple (adjusted for size and gross margin).
hot off the press ironing services ltdEstimated Valuation
£25.6k
Pomanda estimates the enterprise value of HOT OFF THE PRESS IRONING SERVICES LTD at £25.6k based on Net Assets of £11k and 2.32x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hot Off The Press Ironing Services LtdOverview
Hot Off The Press Ironing Services Ltd is a live company located in burnley, BB129ED with a Companies House number of 10889375. It operates in the washing and (dry-)cleaning of textile and fur products sector, SIC Code 96010. Founded in July 2017, it's largest shareholder is
filomena fish
with a 100% stake. Hot Off The Press Ironing Services Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£47.7k with
healthy
growth in recent years.
Hot Off The Press Ironing Services Ltd Health Check
Pomanda's financial health check has awarded Hot Off The Press Ironing Services Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
2 Regular
7 Weak
Size
annual sales of £47.7k, make it smaller than the average company (£1.3m)
£47.7k - Hot Off The Press Ironing Services Ltd
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a slower rate (22%)
9% - Hot Off The Press Ironing Services Ltd
22% - Industry AVG
Production
with a gross margin of 45.8%, this company has a comparable cost of product (45.8%)
45.8% - Hot Off The Press Ironing Services Ltd
45.8% - Industry AVG
Profitability
an operating margin of -7% make it less profitable than the average company (8.1%)
-7% - Hot Off The Press Ironing Services Ltd
8.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (57)
1 - Hot Off The Press Ironing Services Ltd
57 - Industry AVG
Pay Structure
on an average salary of £29.4k, the company has an equivalent pay structure (£29.4k)
£29.4k - Hot Off The Press Ironing Services Ltd
£29.4k - Industry AVG
Efficiency
resulting in sales per employee of £47.7k, this is less efficient (£62.5k)
£47.7k - Hot Off The Press Ironing Services Ltd
£62.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Hot Off The Press Ironing Services Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (28 days)
5 days - Hot Off The Press Ironing Services Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hot Off The Press Ironing Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 9 weeks, this is less cash available to meet short term requirements (13 weeks)
9 weeks - Hot Off The Press Ironing Services Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.3%, this is a lower level of debt than the average (52.5%)
43.3% - Hot Off The Press Ironing Services Ltd
52.5% - Industry AVG
HOT OFF THE PRESS IRONING SERVICES LTD financials
EXPORT
Hot Off The Press Ironing Services Ltd's latest turnover from July 2024 is estimated at £47.7 thousand and the company has net assets of £11 thousand. According to their latest financial statements, Hot Off The Press Ironing Services Ltd has 1 employee and maintains cash reserves of £1.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Turnover
47,659
57,209
22,319
37,089
142,035
50,429
172,615
Other Income Or Grants
Cost Of Sales
25,852
31,051
13,755
31,091
78,930
28,556
95,054
Gross Profit
21,807
26,158
8,563
5,998
63,105
21,873
77,561
Admin Expenses
25,156
29,231
3,121
-19,239
56,147
26,382
86,197
Operating Profit
-3,349
-3,073
5,442
25,237
6,958
-4,509
-8,636
Interest Payable
Interest Receivable
66
25
Pre-Tax Profit
-3,283
-3,048
5,442
25,237
6,958
-4,509
-8,636
Tax
-1,034
-4,795
-1,322
Profit After Tax
-3,283
-3,048
4,408
20,442
5,636
-4,509
-8,636
Dividends Paid
Retained Profit
-3,283
-3,048
4,408
20,442
5,636
-4,509
-8,636
Employee Costs
29,436
25,666
19,401
20,080
18,785
20,677
81,639
Number Of Employees
1
1
1
1
1
1
4
EBITDA*
-1,821
-3,073
5,442
25,237
6,958
-4,509
-8,636
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Tangible Assets
17,897
18,647
21,178
19,627
22,486
26,298
31,381
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
17,897
18,647
21,178
19,627
22,486
26,298
31,381
Stock & work in progress
Trade Debtors
1,005
3,489
24,755
1,338
Group Debtors
Misc Debtors
Cash
1,510
1,005
misc current assets
total current assets
1,510
1,005
1,005
3,489
24,755
1,338
total assets
19,407
19,652
22,183
23,116
47,241
27,636
31,381
Bank overdraft
Bank loan
Trade Creditors
371
4,842
10,183
54,750
40,781
40,017
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
8,025
5,358
total current liabilities
8,396
5,358
4,842
10,183
54,750
40,781
40,017
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
8,396
5,358
4,842
10,183
54,750
40,781
40,017
net assets
11,011
14,294
17,341
12,933
-7,509
-13,145
-8,636
total shareholders funds
11,011
14,294
17,341
12,933
-7,509
-13,145
-8,636
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Operating Activities
Operating Profit
-3,349
-3,073
5,442
25,237
6,958
-4,509
-8,636
Depreciation
1,528
Amortisation
Tax
-1,034
-4,795
-1,322
Stock
Debtors
-1,005
-2,484
-21,266
23,417
1,338
Creditors
371
-4,842
-5,341
-44,567
13,969
764
40,017
Accruals and Deferred Income
2,667
5,358
Deferred Taxes & Provisions
Cash flow from operations
1,217
-1,552
1,551
-2,859
-3,812
-5,083
31,381
Investing Activities
capital expenditure
-778
2,531
-1,551
2,859
3,812
5,083
-31,381
Change in Investments
cash flow from investments
-778
2,531
-1,551
2,859
3,812
5,083
-31,381
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
66
25
cash flow from financing
66
26
cash and cash equivalents
cash
505
1,005
overdraft
change in cash
505
1,005
hot off the press ironing services ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for hot off the press ironing services ltd. Get real-time insights into hot off the press ironing services ltd's credit score, group structure and payment trends.
Hot Off The Press Ironing Services Ltd Competitor Analysis
Perform a competitor analysis for hot off the press ironing services ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in BB12 area or any other competitors across 12 key performance metrics.
hot off the press ironing services ltd Ownership
HOT OFF THE PRESS IRONING SERVICES LTD group structure
Hot Off The Press Ironing Services Ltd has no subsidiary companies.
Ultimate parent company
HOT OFF THE PRESS IRONING SERVICES LTD
10889375
HOT OFF THE PRESS IRONING SERVICES LTD Shareholders
The sole shareholder of Hot Off The Press Ironing Services Ltd is Filomena Fish.
filomena fish
100%
hot off the press ironing services ltd directors
Hot Off The Press Ironing Services Ltd currently has 1 director, Mrs Filomena Fish serving since Jul 2017.
hot off the press ironing services ltd company details
company number
10889375
Type
Private limited with Share Capital
industry
96010 - Washing and (dry-)cleaning of textile and fur products
incorporation date
July 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
July 2024
previous names
N/A
accountant
DYMOND ASHWORTH
auditor
-
address
422 wheatley lane road, fence, burnley, BB129ED
Bank
-
Legal Advisor
-
hot off the press ironing services 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 hot off the press ironing services ltd.
hot off the press ironing services 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.
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hot off the press ironing services ltdCompanies House Filings - See Documents
