shining qualities ltd
shining qualities ltd Company Information
Company Number
12707689
Website
-Registered Address
4 queen street, bath, BA1 1HE
Industry
Wholesale of watches and jewellery
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
nicholas hugh pothecary 100%
shining qualities ltd Estimated Valuation
Pomanda estimates the enterprise value of SHINING QUALITIES LTD at £57.7k based on a Turnover of £248.6k and 0.23x industry multiple (adjusted for size and gross margin).
shining qualities ltd Estimated Valuation
Pomanda estimates the enterprise value of SHINING QUALITIES LTD at £38.5k based on an EBITDA of £18.1k and a 2.13x industry multiple (adjusted for size and gross margin).
shining qualities ltd Estimated Valuation
Pomanda estimates the enterprise value of SHINING QUALITIES LTD at £66.8k based on Net Assets of £40.3k and 1.66x industry multiple (adjusted for liquidity).
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Shining Qualities Ltd Overview
Shining Qualities Ltd is a live company located in bath, BA1 1HE with a Companies House number of 12707689. It operates in the wholesale of watches and jewellery sector, SIC Code 46480. Founded in June 2020, it's largest shareholder is nicholas hugh pothecary with a 100% stake. Shining Qualities Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £248.6k with unknown growth in recent years.
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Shining Qualities Ltd Health Check
Pomanda's financial health check has awarded Shining Qualities Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £248.6k, make it smaller than the average company (£11.1m)
- Shining Qualities Ltd
£11.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Shining Qualities Ltd
- - Industry AVG
Production
with a gross margin of 19%, this company has a higher cost of product (33.3%)
- Shining Qualities Ltd
33.3% - Industry AVG
Profitability
an operating margin of 7.3% make it more profitable than the average company (3.8%)
- Shining Qualities Ltd
3.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (32)
1 - Shining Qualities Ltd
32 - Industry AVG
Pay Structure
on an average salary of £42.3k, the company has an equivalent pay structure (£42.3k)
- Shining Qualities Ltd
£42.3k - Industry AVG
Efficiency
resulting in sales per employee of £248.6k, this is less efficient (£450.8k)
- Shining Qualities Ltd
£450.8k - Industry AVG
Debtor Days
it gets paid by customers after 114 days, this is later than average (30 days)
- Shining Qualities Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (23 days)
- Shining Qualities Ltd
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Shining Qualities Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Shining Qualities Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.2%, this is a lower level of debt than the average (56.3%)
50.2% - Shining Qualities Ltd
56.3% - Industry AVG
SHINING QUALITIES LTD financials
Shining Qualities Ltd's latest turnover from June 2023 is estimated at £248.6 thousand and the company has net assets of £40.3 thousand. According to their latest financial statements, Shining Qualities Ltd has 1 employee and maintains cash reserves of 0 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 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|
| Tangible Assets | 2,855 | 3,153 | 124 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 2,855 | 3,153 | 124 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 78,078 | 64,628 | 10,535 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 78,078 | 64,628 | 10,535 |
| total assets | 80,933 | 67,781 | 10,659 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 40,595 | 41,025 | 12,084 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 40,595 | 41,025 | 12,084 |
| 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 | 40,595 | 41,025 | 12,084 |
| net assets | 40,338 | 26,756 | -1,425 |
| total shareholders funds | 40,338 | 26,756 | -1,425 |
| Jun 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 13,450 | 54,093 | 10,535 |
| Creditors | -430 | 28,941 | 12,084 |
| Accruals and Deferred Income | 0 | 0 | 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 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
shining qualities ltd Credit Report and Business Information
Shining Qualities Ltd Competitor Analysis
Perform a competitor analysis for shining qualities 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 BA1 area or any other competitors across 12 key performance metrics.
shining qualities ltd Ownership
SHINING QUALITIES LTD group structure
Shining Qualities Ltd has no subsidiary companies.
Ultimate parent company
SHINING QUALITIES LTD
12707689
shining qualities ltd directors
Shining Qualities Ltd currently has 2 directors. The longest serving directors include Mr Nicholas Pothecary (Jun 2020) and Mr Christopher Pothecary (Nov 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Pothecary | England | 74 years | Jun 2020 | - | Director |
| Mr Christopher Pothecary | England | 40 years | Nov 2023 | - | Director |
P&L
June 2023turnover
248.6k
+25%
operating profit
18.1k
0%
gross margin
19%
-12.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
40.3k
+0.51%
total assets
80.9k
+0.19%
cash
0
0%
net assets
Total assets minus all liabilities
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shining qualities ltd company details
company number
12707689
Type
Private limited with Share Capital
industry
46480 - Wholesale of watches and jewellery
incorporation date
June 2020
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
4 queen street, bath, BA1 1HE
Bank
-
Legal Advisor
-
shining qualities 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 shining qualities ltd.
shining qualities ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
