spinached limited
spinached limited Company Information
Company Number
11149252
Website
spinached.co.ukRegistered Address
112 b portway, london, E15 3QJ
Industry
Physical well-being activities
Other personal service activities n.e.c.
Telephone
02034412977
Next Accounts Due
October 2025
Group Structure
View All
Directors
Malika Laurent6 Years
Shareholders
malika laurent 99%
maycourt properties 1%
spinached limited Estimated Valuation
Pomanda estimates the enterprise value of SPINACHED LIMITED at £26.3k based on a Turnover of £54.2k and 0.49x industry multiple (adjusted for size and gross margin).
spinached limited Estimated Valuation
Pomanda estimates the enterprise value of SPINACHED LIMITED at £18.2k based on an EBITDA of £5.5k and a 3.31x industry multiple (adjusted for size and gross margin).
spinached limited Estimated Valuation
Pomanda estimates the enterprise value of SPINACHED LIMITED at £18.3k based on Net Assets of £8.4k and 2.19x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Spinached Limited Overview
Spinached Limited is a live company located in london, E15 3QJ with a Companies House number of 11149252. It operates in the other human health activities sector, SIC Code 86900. Founded in January 2018, it's largest shareholder is malika laurent with a 99% stake. Spinached Limited is a young, micro sized company, Pomanda has estimated its turnover at £54.2k with rapid growth in recent years.
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Spinached Limited Health Check
Pomanda's financial health check has awarded Spinached Limited a 3 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 £54.2k, make it smaller than the average company (£541.7k)
- Spinached Limited
£541.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 44%, show it is growing at a faster rate (9.1%)
- Spinached Limited
9.1% - Industry AVG
Production
with a gross margin of 27.6%, this company has a higher cost of product (50.6%)
- Spinached Limited
50.6% - Industry AVG
Profitability
an operating margin of 10.1% make it more profitable than the average company (7.1%)
- Spinached Limited
7.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (11)
2 - Spinached Limited
11 - Industry AVG
Pay Structure
on an average salary of £24.9k, the company has an equivalent pay structure (£24.9k)
- Spinached Limited
£24.9k - Industry AVG
Efficiency
resulting in sales per employee of £27.1k, this is less efficient (£57.2k)
- Spinached Limited
£57.2k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is later than average (24 days)
- Spinached Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (31 days)
- Spinached Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spinached Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Spinached Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.8%, this is a lower level of debt than the average (29.9%)
18.8% - Spinached Limited
29.9% - Industry AVG
SPINACHED LIMITED financials
Spinached Limited's latest turnover from January 2024 is estimated at £54.2 thousand and the company has net assets of £8.4 thousand. According to their latest financial statements, Spinached Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|---|
| Turnover | 201,624 | |||||
| Other Income Or Grants | 0 | |||||
| Cost Of Sales | 67,960 | |||||
| Gross Profit | 133,664 | |||||
| Admin Expenses | 131,507 | |||||
| Operating Profit | 2,157 | |||||
| Interest Payable | 0 | |||||
| Interest Receivable | 0 | |||||
| Pre-Tax Profit | 2,157 | |||||
| Tax | -410 | |||||
| Profit After Tax | 1,747 | |||||
| Dividends Paid | 0 | |||||
| Retained Profit | 1,747 | |||||
| Employee Costs | 34,345 | |||||
| Number Of Employees | 2 | 2 | 1 | 1 | ||
| EBITDA* | 2,657 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 500 | 1,000 | 1,500 | 2,000 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 500 | 1,000 | 1,500 | 2,000 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 10,300 | 3,824 | 53,128 | 1,794 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 406 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,300 | 3,824 | 53,128 | 1,794 | 406 | 0 |
| total assets | 10,300 | 4,324 | 54,128 | 3,294 | 2,406 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,938 | 76 | 204 | 238 | 149 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 410 | 0 |
| total current liabilities | 1,938 | 76 | 204 | 238 | 559 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 50,000 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 50,000 | 0 | 0 | 0 |
| total liabilities | 1,938 | 76 | 50,204 | 238 | 559 | 0 |
| net assets | 8,362 | 4,248 | 3,924 | 3,056 | 1,847 | 0 |
| total shareholders funds | 8,362 | 4,248 | 3,924 | 3,056 | 1,847 | 0 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 2,157 | |||||
| Depreciation | 500 | |||||
| Amortisation | 0 | |||||
| Tax | -410 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 6,476 | -49,304 | 51,334 | 1,794 | 0 | 0 |
| Creditors | 1,862 | -128 | -34 | 89 | 149 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | -410 | 410 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 2,806 | |||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -50,000 | 50,000 | 0 | 0 | 0 |
| share issue | ||||||
| interest | 0 | |||||
| cash flow from financing | 100 | |||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | -406 | 406 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -406 | 406 | 0 |
spinached limited Credit Report and Business Information
Spinached Limited Competitor Analysis
Perform a competitor analysis for spinached limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in E15 area or any other competitors across 12 key performance metrics.
spinached limited Ownership
SPINACHED LIMITED group structure
Spinached Limited has no subsidiary companies.
Ultimate parent company
SPINACHED LIMITED
11149252
spinached limited directors
Spinached Limited currently has 1 director, Ms Malika Laurent serving since Jan 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Malika Laurent | 37 years | Jan 2018 | - | Director |
P&L
January 2024turnover
54.2k
+37%
operating profit
5.5k
0%
gross margin
27.7%
+8.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
8.4k
+0.97%
total assets
10.3k
+1.38%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
spinached limited company details
company number
11149252
Type
Private limited with Share Capital
industry
86900 - Other human health activities
96040 - Physical well-being activities
96090 - Other personal service activities n.e.c.
incorporation date
January 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
spinach retreats limited (October 2020)
accountant
-
auditor
-
address
112 b portway, london, E15 3QJ
Bank
-
Legal Advisor
-
spinached 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 spinached limited.
spinached limited Companies House Filings - See Documents
| date | description | view/download |
|---|
