smoke limited

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smoke limited Company Information

Share SMOKE LIMITED

Company Number

11070243

Shareholders

darren ward

george troup

Group Structure

View All

Industry

Licensed restaurants

 

Registered Address

44 water lane, wilmslow, SK9 5AP

smoke limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of SMOKE LIMITED at £1.1m based on a Turnover of £1.6m and 0.67x industry multiple (adjusted for size and gross margin).

smoke limited Estimated Valuation

£380.8k

Pomanda estimates the enterprise value of SMOKE LIMITED at £380.8k based on an EBITDA of £87.5k and a 4.35x industry multiple (adjusted for size and gross margin).

smoke limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SMOKE LIMITED at £0 based on Net Assets of £-96.3k and 2.72x industry multiple (adjusted for liquidity).

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Smoke Limited Overview

Smoke Limited is a live company located in wilmslow, SK9 5AP with a Companies House number of 11070243. It operates in the licenced restaurants sector, SIC Code 56101. Founded in November 2017, it's largest shareholder is darren ward with a 51% stake. Smoke Limited is a young, small sized company, Pomanda has estimated its turnover at £1.6m with declining growth in recent years.

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Smoke Limited Health Check

Pomanda's financial health check has awarded Smoke Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

5 Regular

positive_score

5 Weak

size

Size

annual sales of £1.6m, make it in line with the average company (£2m)

£1.6m - Smoke Limited

£2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (21.2%)

-4% - Smoke Limited

21.2% - Industry AVG

production

Production

with a gross margin of 58.4%, this company has a comparable cost of product (58.4%)

58.4% - Smoke Limited

58.4% - Industry AVG

profitability

Profitability

an operating margin of 3.5% make it as profitable than the average company (3.3%)

3.5% - Smoke Limited

3.3% - Industry AVG

employees

Employees

with 43 employees, this is similar to the industry average (40)

43 - Smoke Limited

40 - Industry AVG

paystructure

Pay Structure

on an average salary of £19.7k, the company has an equivalent pay structure (£19.7k)

£19.7k - Smoke Limited

£19.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £38k, this is less efficient (£56.6k)

£38k - Smoke Limited

£56.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 4 days, this is earlier than average (5 days)

4 days - Smoke Limited

5 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 30 days, this is quicker than average (44 days)

30 days - Smoke Limited

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 4 days, this is less than average (11 days)

4 days - Smoke Limited

11 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (13 weeks)

1 weeks - Smoke Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 156.7%, this is a higher level of debt than the average (83%)

156.7% - Smoke Limited

83% - Industry AVG

SMOKE LIMITED financials

EXPORTms excel logo

Smoke Limited's latest turnover from March 2024 is estimated at £1.6 million and the company has net assets of -£96.3 thousand. According to their latest financial statements, Smoke Limited has 43 employees and maintains cash reserves of £5.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Turnover1,635,2251,309,3312,041,0461,844,9901,503,0312,425,317
Other Income Or Grants000000
Cost Of Sales679,957546,935852,925716,282576,359943,783
Gross Profit955,269762,3961,188,1211,128,708926,6721,481,534
Admin Expenses898,136765,8461,210,7321,066,724945,9731,599,467
Operating Profit57,133-3,450-22,61161,984-19,301-117,933
Interest Payable20,83811,6220000
Interest Receivable7494810000
Pre-Tax Profit37,044-14,591-22,61161,984-19,301-117,933
Tax-9,26100-11,77700
Profit After Tax27,783-14,591-22,61150,207-19,301-117,933
Dividends Paid000000
Retained Profit27,783-14,591-22,61150,207-19,301-117,933
Employee Costs848,270826,653570,912500,820502,311463,351
Number Of Employees434332302826
EBITDA*87,504-3,450-22,61161,984-19,301-117,933

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Tangible Assets121,844146,730174,577131,108163,351174,178
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets121,844146,730174,577131,108163,351174,178
Stock & work in progress7,5507,7500000
Trade Debtors17,9665,14691,19858,81836,30792,552
Group Debtors000000
Misc Debtors16,7382,0610000
Cash5,91022,6210000
misc current assets000000
total current assets48,16437,57891,19858,81836,30792,552
total assets170,008184,308265,775189,926199,658266,730
Bank overdraft66,9479,8320000
Bank loan000000
Trade Creditors 56,86645,11482,44028,43261,036352,787
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments1,0045,1020000
other current liabilities34,33330,4550000
total current liabilities159,15090,50382,44028,43261,036352,787
loans76,743216,9300000
hp & lease commitments01,0040000
Accruals and Deferred Income000000
other liabilities00292,973248,521275,85631,876
provisions30,46100000
total long term liabilities107,204217,934292,973248,521275,85631,876
total liabilities266,354308,437375,413276,953336,892384,663
net assets-96,346-124,129-109,638-87,027-137,234-117,933
total shareholders funds-96,346-124,129-109,638-87,027-137,234-117,933
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Operating Activities
Operating Profit57,133-3,450-22,61161,984-19,301-117,933
Depreciation30,37100000
Amortisation000000
Tax-9,26100-11,77700
Stock-2007,7500000
Debtors27,497-83,99132,38022,511-56,24592,552
Creditors11,752-37,32654,008-32,604-291,751352,787
Accruals and Deferred Income3,87830,4550000
Deferred Taxes & Provisions30,46100000
Cash flow from operations97,03765,920-983-4,908-254,807142,302
Investing Activities
capital expenditure-5,48527,847-43,46932,24310,827-174,178
Change in Investments000000
cash flow from investments-5,48527,847-43,46932,24310,827-174,178
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans-140,187216,9300000
Hire Purchase and Lease Commitments-5,1026,1060000
other long term liabilities0-292,97344,452-27,335243,98031,876
share issue01000000
interest-20,089-11,1410000
cash flow from financing-165,378-80,97844,452-27,335243,98031,876
cash and cash equivalents
cash-16,71122,6210000
overdraft57,1159,8320000
change in cash-73,82612,7890000

smoke 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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Smoke Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for smoke limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in SK9 area or any other competitors across 12 key performance metrics.

smoke limited Ownership

SMOKE LIMITED group structure

Smoke Limited has no subsidiary companies.

Ultimate parent company

1 parent

SMOKE LIMITED

11070243

SMOKE LIMITED Shareholders

darren ward 51%
george troup 49%

smoke limited directors

Smoke Limited currently has 2 directors. The longest serving directors include Mr Darren Ward (Nov 2017) and Mr George Troup (Nov 2017).

officercountryagestartendrole
Mr Darren Ward60 years Nov 2017- Director
Mr George TroupEngland31 years Nov 2017- Director

P&L

March 2024

turnover

1.6m

+25%

operating profit

57.1k

0%

gross margin

58.5%

+0.33%

turnover

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

Balance Sheet

March 2024

net assets

-96.3k

-0.22%

total assets

170k

-0.08%

cash

5.9k

-0.74%

net assets

Total assets minus all liabilities

smoke limited company details

company number

11070243

Type

Private limited with Share Capital

industry

56101 - Licensed restaurants

incorporation date

November 2017

age

8

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

STERLING PARTNERS LIMITED

auditor

-

address

44 water lane, wilmslow, SK9 5AP

Bank

-

Legal Advisor

-

smoke 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 smoke limited.

smoke 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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smoke limited Companies House Filings - See Documents

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