true provenance limited
true provenance limited Company Information
Group Structure
View All
Industry
Other retail sale of food in specialised stores
Registered Address
cutlers cottage bowerchalke, salisbury, SP5 5RB
Website
-true provenance limited Estimated Valuation
Pomanda estimates the enterprise value of TRUE PROVENANCE LIMITED at £76.8k based on a Turnover of £262.2k and 0.29x industry multiple (adjusted for size and gross margin).
true provenance limited Estimated Valuation
Pomanda estimates the enterprise value of TRUE PROVENANCE LIMITED at £0 based on an EBITDA of £-10.4k and a 3.31x industry multiple (adjusted for size and gross margin).
true provenance limited Estimated Valuation
Pomanda estimates the enterprise value of TRUE PROVENANCE LIMITED at £0 based on Net Assets of £-12.5k and 2.26x industry multiple (adjusted for liquidity).
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True Provenance Limited Overview
True Provenance Limited is a live company located in salisbury, SP5 5RB with a Companies House number of 12547216. It operates in the other retail sale of food in specialised stores sector, SIC Code 47290. Founded in April 2020, it's largest shareholder is sammie rosen-nash with a 100% stake. True Provenance Limited is a young, micro sized company, Pomanda has estimated its turnover at £262.2k with high growth in recent years.
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True Provenance Limited Health Check
Pomanda's financial health check has awarded True Provenance Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £262.2k, make it smaller than the average company (£814.5k)
- True Provenance Limited
£814.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (8.7%)
- True Provenance Limited
8.7% - Industry AVG
Production
with a gross margin of 32.8%, this company has a comparable cost of product (32.8%)
- True Provenance Limited
32.8% - Industry AVG
Profitability
an operating margin of -4.8% make it less profitable than the average company (2.5%)
- True Provenance Limited
2.5% - Industry AVG
Employees
with 10 employees, this is below the industry average (16)
10 - True Provenance Limited
16 - Industry AVG
Pay Structure
on an average salary of £17.1k, the company has an equivalent pay structure (£17.1k)
- True Provenance Limited
£17.1k - Industry AVG
Efficiency
resulting in sales per employee of £26.2k, this is less efficient (£82.1k)
- True Provenance Limited
£82.1k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (18 days)
- True Provenance Limited
18 days - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is slower than average (31 days)
- True Provenance Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 14 days, this is less than average (35 days)
- True Provenance Limited
35 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - True Provenance Limited
- - 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 (84.5%)
132% - True Provenance Limited
84.5% - Industry AVG
TRUE PROVENANCE LIMITED financials
True Provenance Limited's latest turnover from April 2024 is estimated at £262.2 thousand and the company has net assets of -£12.5 thousand. According to their latest financial statements, True Provenance Limited has 10 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | |
|---|---|---|---|---|
| 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 | 10 | 10 | 6 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | |
|---|---|---|---|---|
| Tangible Assets | 3,992 | 4,520 | 5,294 | 3,628 |
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 3,992 | 4,520 | 5,294 | 3,628 |
| Stock & work in progress | 7,231 | 2,231 | 7,500 | 4,500 |
| Trade Debtors | 775 | 978 | 307 | |
| Group Debtors | ||||
| Misc Debtors | 27,088 | 22,332 | 16,375 | 8,593 |
| Cash | 7,274 | 1,659 | 15,399 | |
| misc current assets | ||||
| total current assets | 35,094 | 31,837 | 26,512 | 28,799 |
| total assets | 39,086 | 36,357 | 31,806 | 32,427 |
| Bank overdraft | 7,425 | |||
| Bank loan | ||||
| Trade Creditors | 22,946 | 21,270 | 15,897 | 15,195 |
| Group/Directors Accounts | 18 | |||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 16,231 | 5,440 | 2,323 | 685 |
| total current liabilities | 46,602 | 26,728 | 18,220 | 15,880 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | 5,009 | 9,430 | 13,421 | 16,000 |
| provisions | ||||
| total long term liabilities | 5,009 | 9,430 | 13,421 | 16,000 |
| total liabilities | 51,611 | 36,158 | 31,641 | 31,880 |
| net assets | -12,525 | 199 | 165 | 547 |
| total shareholders funds | -12,525 | 199 | 165 | 547 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 2,079 | 1,769 | 1,570 | |
| Amortisation | ||||
| Tax | ||||
| Stock | 5,000 | -5,269 | 3,000 | 4,500 |
| Debtors | 5,531 | 4,979 | 8,453 | 8,900 |
| Creditors | 1,676 | 5,373 | 702 | 15,195 |
| Accruals and Deferred Income | 10,791 | 3,117 | 1,638 | 685 |
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | -18 | 18 | ||
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | -4,421 | -3,991 | -2,579 | 16,000 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -7,274 | 5,615 | -13,740 | 15,399 |
| overdraft | 7,425 | |||
| change in cash | -14,699 | 5,615 | -13,740 | 15,399 |
true provenance limited Credit Report and Business Information
True Provenance Limited Competitor Analysis
Perform a competitor analysis for true provenance 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 SP5 area or any other competitors across 12 key performance metrics.
true provenance limited Ownership
TRUE PROVENANCE LIMITED group structure
True Provenance Limited has no subsidiary companies.
Ultimate parent company
TRUE PROVENANCE LIMITED
12547216
true provenance limited directors
True Provenance Limited currently has 1 director, Miss Sammie Rosen-Nash serving since Apr 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Sammie Rosen-Nash | England | 47 years | Apr 2020 | - | Director |
P&L
April 2024turnover
262.2k
-8%
operating profit
-12.5k
0%
gross margin
32.8%
-12.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
-12.5k
-63.94%
total assets
39.1k
+0.08%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
true provenance limited company details
company number
12547216
Type
Private limited with Share Capital
industry
47290 - Other retail sale of food in specialised stores
incorporation date
April 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
N L ACCOUNTING (SOUTH WEST) LTD
auditor
-
address
cutlers cottage bowerchalke, salisbury, SP5 5RB
Bank
-
Legal Advisor
-
true provenance 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 true provenance limited.
true provenance 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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true provenance limited Companies House Filings - See Documents
| date | description | view/download |
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