kimpton spice herts ltd
kimpton spice herts ltd Company Information
Company Number
11349094
Website
www.kimpton-spice.co.ukRegistered Address
unit 6, coleman business centre, claggy road industrial estate, hitchin, SG4 8QB
Industry
Take away food shops and mobile food stands
Telephone
441438832902
Next Accounts Due
November 2024
Group Structure
View All
Directors
Riaz Ahmed6 Years
Shareholders
riaz ahmed 100%
kimpton spice herts ltd Estimated Valuation
Pomanda estimates the enterprise value of KIMPTON SPICE HERTS LTD at £27.5k based on a Turnover of £70.1k and 0.39x industry multiple (adjusted for size and gross margin).
kimpton spice herts ltd Estimated Valuation
Pomanda estimates the enterprise value of KIMPTON SPICE HERTS LTD at £0 based on an EBITDA of £-36.6k and a 3.51x industry multiple (adjusted for size and gross margin).
kimpton spice herts ltd Estimated Valuation
Pomanda estimates the enterprise value of KIMPTON SPICE HERTS LTD at £0 based on Net Assets of £-52.1k and 2.27x industry multiple (adjusted for liquidity).
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Kimpton Spice Herts Ltd Overview
Kimpton Spice Herts Ltd is a live company located in hitchin, SG4 8QB with a Companies House number of 11349094. It operates in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in May 2018, it's largest shareholder is riaz ahmed with a 100% stake. Kimpton Spice Herts Ltd is a young, micro sized company, Pomanda has estimated its turnover at £70.1k with low growth in recent years.
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Kimpton Spice Herts Ltd Health Check
Pomanda's financial health check has awarded Kimpton Spice Herts Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £70.1k, make it smaller than the average company (£146.3k)
- Kimpton Spice Herts Ltd
£146.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (5.7%)
- Kimpton Spice Herts Ltd
5.7% - Industry AVG
Production
with a gross margin of 30.2%, this company has a higher cost of product (52.9%)
- Kimpton Spice Herts Ltd
52.9% - Industry AVG
Profitability
an operating margin of -52.3% make it less profitable than the average company (3.4%)
- Kimpton Spice Herts Ltd
3.4% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (5)
4 - Kimpton Spice Herts Ltd
5 - Industry AVG
Pay Structure
on an average salary of £11.4k, the company has an equivalent pay structure (£11.4k)
- Kimpton Spice Herts Ltd
£11.4k - Industry AVG
Efficiency
resulting in sales per employee of £17.5k, this is less efficient (£38.4k)
- Kimpton Spice Herts Ltd
£38.4k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (15 days)
- Kimpton Spice Herts Ltd
15 days - Industry AVG
Creditor Days
its suppliers are paid after 113 days, this is slower than average (19 days)
- Kimpton Spice Herts Ltd
19 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Kimpton Spice Herts Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Kimpton Spice Herts Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1668.3%, this is a higher level of debt than the average (86.6%)
1668.3% - Kimpton Spice Herts Ltd
86.6% - Industry AVG
KIMPTON SPICE HERTS LTD financials
Kimpton Spice Herts Ltd's latest turnover from February 2023 is estimated at £70.1 thousand and the company has net assets of -£52.1 thousand. According to their latest financial statements, Kimpton Spice Herts Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| 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 | 4 | 5 | 4 | 4 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 1,550 | 7,667 | 11,417 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,550 | 7,667 | 11,417 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,773 | 28,316 | 43,911 | 4,572 | 0 |
| 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 | 14,066 | 0 | 0 |
| total current assets | 1,773 | 28,316 | 57,977 | 4,572 | 0 |
| total assets | 3,323 | 35,983 | 69,394 | 4,572 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 15,200 | 8,559 | 0 | 3,502 | 0 |
| 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 | 15,200 | 8,559 | 0 | 3,502 | 0 |
| 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 | 40,239 | 42,901 | 50,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 40,239 | 42,901 | 50,000 | 0 | 0 |
| total liabilities | 55,439 | 51,460 | 50,000 | 3,502 | 0 |
| net assets | -52,116 | -15,477 | 19,394 | 1,070 | 0 |
| total shareholders funds | -52,116 | -15,477 | 19,394 | 1,070 | 0 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | ||||
| Amortisation | 0 | ||||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -26,543 | -15,595 | 39,339 | 4,572 | 0 |
| Creditors | 6,641 | 8,559 | -3,502 | 3,502 | 0 |
| 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 | 0 |
| 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 | -2,662 | -7,099 | 50,000 | 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 |
kimpton spice herts ltd Credit Report and Business Information
Kimpton Spice Herts Ltd Competitor Analysis
Perform a competitor analysis for kimpton spice herts ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in SG4 area or any other competitors across 12 key performance metrics.
kimpton spice herts ltd Ownership
KIMPTON SPICE HERTS LTD group structure
Kimpton Spice Herts Ltd has no subsidiary companies.
Ultimate parent company
KIMPTON SPICE HERTS LTD
11349094
kimpton spice herts ltd directors
Kimpton Spice Herts Ltd currently has 1 director, Mr Riaz Ahmed serving since May 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Riaz Ahmed | England | 44 years | May 2018 | - | Director |
P&L
February 2023turnover
70.1k
-50%
operating profit
-36.6k
0%
gross margin
30.2%
-11.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-52.1k
+2.37%
total assets
3.3k
-0.91%
cash
0
0%
net assets
Total assets minus all liabilities
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kimpton spice herts ltd company details
company number
11349094
Type
Private limited with Share Capital
industry
56103 - Take away food shops and mobile food stands
incorporation date
May 2018
age
6
accounts
Micro-Entity Accounts
ultimate parent company
previous names
saffron express (herts) ltd (February 2019)
incorporated
UK
address
unit 6, coleman business centre, claggy road industrial estate, hitchin, SG4 8QB
last accounts submitted
February 2023
kimpton spice herts 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 kimpton spice herts ltd.
kimpton spice herts ltd Companies House Filings - See Documents
| date | description | view/download |
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