notting hill rugs limited
notting hill rugs limited Company Information
Company Number
11454482
Website
www.rugcouture.comRegistered Address
330 portobello road, north kensington, london, W10 5RU
Industry
Retail sale of carpets, rugs, wall and floor coverings in specialised stores
Telephone
443332226514
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
rug couture ltd 50%
woven floors ltd 50%
notting hill rugs limited Estimated Valuation
Pomanda estimates the enterprise value of NOTTING HILL RUGS LIMITED at £50.7k based on a Turnover of £143.6k and 0.35x industry multiple (adjusted for size and gross margin).
notting hill rugs limited Estimated Valuation
Pomanda estimates the enterprise value of NOTTING HILL RUGS LIMITED at £0 based on an EBITDA of £-14.8k and a 3.52x industry multiple (adjusted for size and gross margin).
notting hill rugs limited Estimated Valuation
Pomanda estimates the enterprise value of NOTTING HILL RUGS LIMITED at £0 based on Net Assets of £-17.7k and 2.91x industry multiple (adjusted for liquidity).
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Notting Hill Rugs Limited Overview
Notting Hill Rugs Limited is a live company located in london, W10 5RU with a Companies House number of 11454482. It operates in the retail sale of carpets, rugs, wall and floor coverings in specialised stores sector, SIC Code 47530. Founded in July 2018, it's largest shareholder is rug couture ltd with a 50% stake. Notting Hill Rugs Limited is a young, micro sized company, Pomanda has estimated its turnover at £143.6k with rapid growth in recent years.
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Notting Hill Rugs Limited Health Check
Pomanda's financial health check has awarded Notting Hill Rugs 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
2 Strong
4 Regular
5 Weak
Size
annual sales of £143.6k, make it smaller than the average company (£1.9m)
- Notting Hill Rugs Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 57%, show it is growing at a faster rate (2.2%)
- Notting Hill Rugs Limited
2.2% - Industry AVG
Production
with a gross margin of 43.2%, this company has a comparable cost of product (43.2%)
- Notting Hill Rugs Limited
43.2% - Industry AVG
Profitability
an operating margin of -11.7% make it less profitable than the average company (5.3%)
- Notting Hill Rugs Limited
5.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (26)
1 - Notting Hill Rugs Limited
26 - Industry AVG
Pay Structure
on an average salary of £30.2k, the company has an equivalent pay structure (£30.2k)
- Notting Hill Rugs Limited
£30.2k - Industry AVG
Efficiency
resulting in sales per employee of £143.6k, this is equally as efficient (£165.6k)
- Notting Hill Rugs Limited
£165.6k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is near the average (34 days)
- Notting Hill Rugs Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 98 days, this is slower than average (53 days)
- Notting Hill Rugs Limited
53 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Notting Hill Rugs Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (21 weeks)
11 weeks - Notting Hill Rugs Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 132%, this is a higher level of debt than the average (53.7%)
132% - Notting Hill Rugs Limited
53.7% - Industry AVG
NOTTING HILL RUGS LIMITED financials
Notting Hill Rugs Limited's latest turnover from March 2023 is estimated at £143.6 thousand and the company has net assets of -£17.7 thousand. According to their latest financial statements, Notting Hill Rugs Limited has 1 employee and maintains cash reserves of £15.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 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 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 2,048 | 4,037 | 6,025 | 2,893 | 3,858 |
| 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 | 2,048 | 4,037 | 6,025 | 2,893 | 3,858 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 16,064 | 21,243 | 2,357 | 2,981 | 1,504 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 21,449 | 22,624 | 20,125 | 19,062 | 23,898 |
| Cash | 15,463 | 22,281 | 24,396 | 20,616 | 3,386 |
| misc current assets | 249 | 0 | 0 | 0 | 0 |
| total current assets | 53,225 | 66,148 | 46,878 | 42,659 | 28,788 |
| total assets | 55,273 | 70,185 | 52,903 | 45,552 | 32,646 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 21,963 | 24,875 | 7,157 | 6,685 | 9,899 |
| Group/Directors Accounts | 46,298 | 44,798 | 48,298 | 48,673 | 18,691 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,702 | 2,238 | 1,532 | 2,998 | 24,370 |
| total current liabilities | 72,963 | 71,911 | 56,987 | 58,356 | 52,960 |
| 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 | 72,963 | 71,911 | 56,987 | 58,356 | 52,960 |
| net assets | -17,690 | -1,726 | -4,084 | -12,804 | -20,314 |
| total shareholders funds | -17,690 | -1,726 | -4,084 | -12,804 | -20,314 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 1,989 | 1,988 | 1,989 | 965 | 964 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -6,354 | 21,385 | 439 | -3,359 | 25,402 |
| Creditors | -2,912 | 17,718 | 472 | -3,214 | 9,899 |
| Accruals and Deferred Income | 2,464 | 706 | -1,466 | -21,372 | 24,370 |
| 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 | 1,500 | -3,500 | -375 | 29,982 | 18,691 |
| 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 | -6,818 | -2,115 | 3,780 | 17,230 | 3,386 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -6,818 | -2,115 | 3,780 | 17,230 | 3,386 |
notting hill rugs limited Credit Report and Business Information
Notting Hill Rugs Limited Competitor Analysis
Perform a competitor analysis for notting hill rugs limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in W10 area or any other competitors across 12 key performance metrics.
notting hill rugs limited Ownership
NOTTING HILL RUGS LIMITED group structure
Notting Hill Rugs Limited has no subsidiary companies.
Ultimate parent company
2 parents
NOTTING HILL RUGS LIMITED
11454482
notting hill rugs limited directors
Notting Hill Rugs Limited currently has 2 directors. The longest serving directors include Mr Amerjeet Madhar (Jul 2018) and Miss Sofia Asim (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Amerjeet Madhar | England | 47 years | Jul 2018 | - | Director |
| Miss Sofia Asim | England | 45 years | Jul 2019 | - | Director |
P&L
March 2023turnover
143.6k
-22%
operating profit
-16.8k
0%
gross margin
43.3%
+9.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-17.7k
+9.25%
total assets
55.3k
-0.21%
cash
15.5k
-0.31%
net assets
Total assets minus all liabilities
notting hill rugs limited company details
company number
11454482
Type
Private limited with Share Capital
industry
47530 - Retail sale of carpets, rugs, wall and floor coverings in specialised stores
incorporation date
July 2018
age
6
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
rug couture shop limited (March 2021)
last accounts submitted
March 2023
address
330 portobello road, north kensington, london, W10 5RU
accountant
BLYTHE PHILLIPS
auditor
-
notting hill rugs 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 notting hill rugs limited.
notting hill rugs limited Companies House Filings - See Documents
| date | description | view/download |
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