Pomanda estimates the enterprise value of ESSENTIAL SOFT FURNISHINGS LIMITED at £411.1k based on a Turnover of £931.8k and 0.44x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of ESSENTIAL SOFT FURNISHINGS LIMITED at £557.9k based on an EBITDA of £200.2k and a 2.79x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of ESSENTIAL SOFT FURNISHINGS LIMITED at £345.4k based on Net Assets of £175.2k and 1.97x industry multiple (adjusted for liquidity).
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Essential Soft Furnishings LimitedOverview
Essential Soft Furnishings Limited is a live company located in blackburn, BB1 5DW with a Companies House number of 12730388. It operates in the manufacture of other textiles n.e.c. sector, SIC Code 13990. Founded in July 2020, it's largest shareholder is
panaz holdings limited
with a 80% stake. Essential Soft Furnishings Limited is a young,
small sized company, Pomanda has estimated its turnover at
£931.8k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Essential Soft Furnishings Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
7 Weak
Size
annual sales of £931.8k, make it smaller than the average company (£11.1m)
£931.8k - Essential Soft Furnishings Limited
£11.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Essential Soft Furnishings Limited
- - Industry AVG
Production
with a gross margin of 23.2%, this company has a higher cost of product (29.1%)
23.2% - Essential Soft Furnishings Limited
29.1% - Industry AVG
Profitability
an operating margin of 19.9% make it more profitable than the average company (2.5%)
19.9% - Essential Soft Furnishings Limited
2.5% - Industry AVG
Employees
with 20 employees, this is below the industry average (63)
20 - Essential Soft Furnishings Limited
63 - Industry AVG
Pay Structure
on an average salary of £30.5k, the company has an equivalent pay structure (£30.5k)
£30.5k - Essential Soft Furnishings Limited
£30.5k - Industry AVG
Efficiency
resulting in sales per employee of £46.6k, this is less efficient (£148.5k)
£46.6k - Essential Soft Furnishings Limited
£148.5k - Industry AVG
Debtor Days
it gets paid by customers after 70 days, this is later than average (43 days)
70 days - Essential Soft Furnishings Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is close to average (41 days)
38 days - Essential Soft Furnishings Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 31 days, this is less than average (110 days)
31 days - Essential Soft Furnishings Limited
110 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (24 weeks)
4 weeks - Essential Soft Furnishings Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 65.7%, this is a higher level of debt than the average (43.1%)
65.7% - Essential Soft Furnishings Limited
43.1% - Industry AVG
ESSENTIAL SOFT FURNISHINGS LIMITED financials
EXPORT
Essential Soft Furnishings Limited's latest turnover from March 2024 is estimated at £931.8 thousand and the company has net assets of £175.2 thousand. According to their latest financial statements, Essential Soft Furnishings Limited has 20 employees and maintains cash reserves of £29.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Turnover
931,770
485,430
248,552
Other Income Or Grants
Cost Of Sales
715,703
376,142
186,513
Gross Profit
216,067
109,289
62,039
Admin Expenses
30,919
35,936
99,884
Operating Profit
185,148
73,353
-37,845
Interest Payable
Interest Receivable
2,083
3,475
428
Pre-Tax Profit
187,231
76,828
-37,417
Tax
-46,808
-14,597
Profit After Tax
140,423
62,231
-37,417
Dividends Paid
Retained Profit
140,423
62,231
-37,417
Employee Costs
610,171
454,861
314,393
Number Of Employees
20
16
10
EBITDA*
200,171
84,142
-36,723
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Tangible Assets
101,663
112,609
88,889
Intangible Assets
Investments & Other
10,000
Debtors (Due After 1 year)
Total Fixed Assets
101,663
112,609
88,889
10,000
Stock & work in progress
62,705
20,106
Trade Debtors
179,128
68,333
7,434
Group Debtors
128,149
Misc Debtors
8,836
10,867
15,579
Cash
29,893
49,459
114,085
misc current assets
total current assets
408,711
148,765
137,098
total assets
510,374
261,374
225,987
10,000
Bank overdraft
Bank loan
Trade Creditors
75,061
48,933
20,068
Group/Directors Accounts
53,126
91,387
170,000
other short term finances
hp & lease commitments
other current liabilities
183,303
60,164
43,951
total current liabilities
311,490
200,484
234,019
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
23,647
26,076
19,385
total long term liabilities
23,647
26,076
19,385
total liabilities
335,137
226,560
253,404
net assets
175,237
34,814
-27,417
10,000
total shareholders funds
175,237
34,814
-27,417
10,000
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Operating Activities
Operating Profit
185,148
73,353
-37,845
Depreciation
15,023
10,789
1,122
Amortisation
Tax
-46,808
-14,597
Stock
42,599
20,106
Debtors
236,913
56,187
23,013
Creditors
26,128
28,865
20,068
Accruals and Deferred Income
123,139
16,213
43,951
Deferred Taxes & Provisions
-2,429
6,691
19,385
Cash flow from operations
20,689
45,021
23,668
Investing Activities
capital expenditure
-4,077
-34,509
-90,011
Change in Investments
-10,000
10,000
cash flow from investments
-4,077
-34,509
-80,011
-10,000
Financing Activities
Bank loans
Group/Directors Accounts
-38,261
-78,613
170,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
10,000
interest
2,083
3,475
428
cash flow from financing
-36,178
-75,138
170,428
10,000
cash and cash equivalents
cash
-19,566
-64,626
114,085
overdraft
change in cash
-19,566
-64,626
114,085
essential soft furnishings limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for essential soft furnishings limited. Get real-time insights into essential soft furnishings limited's credit score, group structure and payment trends.
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essential soft furnishings limited Ownership
ESSENTIAL SOFT FURNISHINGS LIMITED group structure
Essential Soft Furnishings Limited has no subsidiary companies.
The largest shareholders in Essential Soft Furnishings Limited include Panaz Holdings Limited and Paul Morris.
panaz holdings limited
80%
paul morris
20%
essential soft furnishings limited directors
Essential Soft Furnishings Limited currently has 4 directors.
The longest serving directors include
Mr Anthony Attard (Jul 2020) and
Mr Morris (Sep 2020).
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 found 1 charges/mortgages relating to essential soft furnishings limited. Currently there are 1 open charges and 0 have been satisfied in the past.
essential soft furnishings 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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essential soft furnishings limitedCompanies House Filings - See Documents
