wholesale spectacle company ltd
wholesale spectacle company ltd Company Information
Company Number
12701593
Website
-Registered Address
168 high street, london, W3 6QZ
Industry
Non-specialised wholesale trade
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
mohamad soudan 70%
mohammed juma 30%
wholesale spectacle company ltd Estimated Valuation
Pomanda estimates the enterprise value of WHOLESALE SPECTACLE COMPANY LTD at £35.7k based on a Turnover of £56.7k and 0.63x industry multiple (adjusted for size and gross margin).
wholesale spectacle company ltd Estimated Valuation
Pomanda estimates the enterprise value of WHOLESALE SPECTACLE COMPANY LTD at £0 based on an EBITDA of £-4.3k and a 4.96x industry multiple (adjusted for size and gross margin).
wholesale spectacle company ltd Estimated Valuation
Pomanda estimates the enterprise value of WHOLESALE SPECTACLE COMPANY LTD at £3.9k based on Net Assets of £2.3k and 1.67x industry multiple (adjusted for liquidity).
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Wholesale Spectacle Company Ltd Overview
Wholesale Spectacle Company Ltd is a live company located in london, W3 6QZ with a Companies House number of 12701593. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in June 2020, it's largest shareholder is mohamad soudan with a 70% stake. Wholesale Spectacle Company Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £56.7k with unknown growth in recent years.
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Wholesale Spectacle Company Ltd Health Check
Pomanda's financial health check has awarded Wholesale Spectacle Company Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £56.7k, make it smaller than the average company (£14.5m)
- Wholesale Spectacle Company Ltd
£14.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Wholesale Spectacle Company Ltd
- - Industry AVG
Production
with a gross margin of 27.4%, this company has a comparable cost of product (27.4%)
- Wholesale Spectacle Company Ltd
27.4% - Industry AVG
Profitability
an operating margin of -7.6% make it less profitable than the average company (5.3%)
- Wholesale Spectacle Company Ltd
5.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (37)
- Wholesale Spectacle Company Ltd
37 - Industry AVG
Pay Structure
on an average salary of £42.4k, the company has an equivalent pay structure (£42.4k)
- Wholesale Spectacle Company Ltd
£42.4k - Industry AVG
Efficiency
resulting in sales per employee of £56.7k, this is less efficient (£361.2k)
- Wholesale Spectacle Company Ltd
£361.2k - Industry AVG
Debtor Days
it gets paid by customers after 96 days, this is later than average (53 days)
- Wholesale Spectacle Company Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is close to average (34 days)
- Wholesale Spectacle Company Ltd
34 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is less than average (77 days)
- Wholesale Spectacle Company Ltd
77 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (15 weeks)
8 weeks - Wholesale Spectacle Company Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.6%, this is a higher level of debt than the average (47.3%)
88.6% - Wholesale Spectacle Company Ltd
47.3% - Industry AVG
WHOLESALE SPECTACLE COMPANY LTD financials
Wholesale Spectacle Company Ltd's latest turnover from June 2023 is estimated at £56.7 thousand and the company has net assets of £2.3 thousand. According to their latest financial statements, we estimate that Wholesale Spectacle Company Ltd has 1 employee and maintains cash reserves of £3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 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 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 |
| Stock & work in progress | 2,300 | 0 | 0 |
| Trade Debtors | 15,000 | 20,000 | 23,161 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 100 | 0 |
| Cash | 2,951 | 3,546 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 20,251 | 23,646 | 23,161 |
| total assets | 20,251 | 23,646 | 23,161 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 4,027 | 4,027 | 18,156 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 13,911 | 13,161 | 0 |
| total current liabilities | 17,938 | 17,188 | 18,156 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 17,938 | 17,188 | 18,156 |
| net assets | 2,313 | 6,458 | 5,005 |
| total shareholders funds | 2,313 | 6,458 | 5,005 |
| Jun 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 2,300 | 0 | 0 |
| Debtors | -5,100 | -3,061 | 23,161 |
| Creditors | 0 | -14,129 | 18,156 |
| Accruals and Deferred Income | 750 | 13,161 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -595 | 3,546 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | -595 | 3,546 | 0 |
wholesale spectacle company ltd Credit Report and Business Information
Wholesale Spectacle Company Ltd Competitor Analysis
Perform a competitor analysis for wholesale spectacle company ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in W 3 area or any other competitors across 12 key performance metrics.
wholesale spectacle company ltd Ownership
WHOLESALE SPECTACLE COMPANY LTD group structure
Wholesale Spectacle Company Ltd has no subsidiary companies.
Ultimate parent company
WHOLESALE SPECTACLE COMPANY LTD
12701593
wholesale spectacle company ltd directors
Wholesale Spectacle Company Ltd currently has 2 directors. The longest serving directors include Mr Mohamad Soudan (Jun 2020) and Mr Mohammed Juma (Jun 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohamad Soudan | England | 49 years | Jun 2020 | - | Director |
| Mr Mohammed Juma | England | 53 years | Jun 2020 | - | Director |
P&L
June 2023turnover
56.7k
-66%
operating profit
-4.3k
0%
gross margin
27.4%
-2.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
2.3k
-0.64%
total assets
20.3k
-0.14%
cash
3k
-0.17%
net assets
Total assets minus all liabilities
Similar Companies
wholesale spectacle company ltd company details
company number
12701593
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
June 2020
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
JOHN HIGH & ASSOCIATES LTD
auditor
-
address
168 high street, london, W3 6QZ
Bank
-
Legal Advisor
-
wholesale spectacle company 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 wholesale spectacle company ltd.
wholesale spectacle company ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
