spongerite limited
spongerite limited Company Information
Company Number
11096260
Website
-Registered Address
1 platinum house 3 station road, leatherhead, KT22 7AA
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
01253390906
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
jan munnik 100%
spongerite limited Estimated Valuation
Pomanda estimates the enterprise value of SPONGERITE LIMITED at £36k based on a Turnover of £110.3k and 0.33x industry multiple (adjusted for size and gross margin).
spongerite limited Estimated Valuation
Pomanda estimates the enterprise value of SPONGERITE LIMITED at £1.3k based on an EBITDA of £385 and a 3.34x industry multiple (adjusted for size and gross margin).
spongerite limited Estimated Valuation
Pomanda estimates the enterprise value of SPONGERITE LIMITED at £0 based on Net Assets of £-8.3k and 2.07x industry multiple (adjusted for liquidity).
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Spongerite Limited Overview
Spongerite Limited is a dissolved company that was located in leatherhead, KT22 7AA with a Companies House number of 11096260. It operated in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in December 2017, it's largest shareholder was jan munnik with a 100% stake. The last turnover for Spongerite Limited was estimated at £110.3k.
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Spongerite Limited Health Check
Pomanda's financial health check has awarded Spongerite Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £110.3k, make it smaller than the average company (£5.2m)
- Spongerite Limited
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -31%, show it is growing at a slower rate (3.5%)
- Spongerite Limited
3.5% - Industry AVG
Production
with a gross margin of 13.5%, this company has a higher cost of product (24.6%)
- Spongerite Limited
24.6% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (5.7%)
- Spongerite Limited
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (27)
- Spongerite Limited
27 - Industry AVG
Pay Structure
on an average salary of £43.5k, the company has an equivalent pay structure (£43.5k)
- Spongerite Limited
£43.5k - Industry AVG
Efficiency
resulting in sales per employee of £110.3k, this is less efficient (£174.2k)
- Spongerite Limited
£174.2k - Industry AVG
Debtor Days
it gets paid by customers after 72 days, this is later than average (57 days)
- Spongerite Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 115 days, this is slower than average (40 days)
- Spongerite Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spongerite Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Spongerite Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 137.8%, this is a higher level of debt than the average (62.6%)
137.8% - Spongerite Limited
62.6% - Industry AVG
SPONGERITE LIMITED financials
Spongerite Limited's latest turnover from October 2022 is estimated at £110.3 thousand and the company has net assets of -£8.3 thousand. According to their latest financial statements, we estimate that Spongerite Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Dec 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 100 | 100 | 100 | 100 | 100 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 100 | 100 | 100 | 100 | 100 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 21,782 | 20,915 | 26,699 | 75,540 | 86,589 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 21,782 | 20,915 | 26,699 | 75,540 | 86,589 |
| total assets | 21,882 | 21,015 | 26,799 | 75,640 | 86,689 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 30,142 | 29,587 | 27,735 | 80,961 | 88,484 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 30,142 | 29,587 | 27,735 | 80,961 | 88,484 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 30,142 | 29,587 | 27,735 | 80,961 | 88,484 |
| net assets | -8,260 | -8,572 | -936 | -5,321 | -1,795 |
| total shareholders funds | -8,260 | -8,572 | -936 | -5,321 | -1,795 |
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 867 | -5,784 | -48,841 | -11,049 | 86,589 |
| Creditors | 555 | 1,852 | -53,226 | -7,523 | 88,484 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 100 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
spongerite limited Credit Report and Business Information
Spongerite Limited Competitor Analysis
Perform a competitor analysis for spongerite limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in KT22 area or any other competitors across 12 key performance metrics.
spongerite limited Ownership
SPONGERITE LIMITED group structure
Spongerite Limited has no subsidiary companies.
Ultimate parent company
SPONGERITE LIMITED
11096260
spongerite limited directors
Spongerite Limited currently has 3 directors. The longest serving directors include Mr Jan Munnik (Dec 2017) and Mr Antonie Bouwer (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jan Munnik | United Kingdom | 43 years | Dec 2017 | - | Director |
| Mr Antonie Bouwer | England | 67 years | Jan 2019 | - | Director |
| Mr Gerhard Bouwer | England | 37 years | Jan 2019 | - | Director |
P&L
October 2022turnover
110.3k
+11%
operating profit
385.2
0%
gross margin
13.5%
+3.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
-8.3k
-0.04%
total assets
21.9k
+0.04%
cash
0
0%
net assets
Total assets minus all liabilities
spongerite limited company details
company number
11096260
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
December 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
October 2022
address
1 platinum house 3 station road, leatherhead, KT22 7AA
accountant
-
auditor
-
spongerite 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 spongerite limited.
spongerite limited Companies House Filings - See Documents
| date | description | view/download |
|---|
