Pomanda estimates the enterprise value of SPURLING CANNON AUDIT LIMITED at £153k based on a Turnover of £164.7k and 0.93x industry multiple (adjusted for size and gross margin).
spurling cannon audit limitedEstimated Valuation
£27.4k
Pomanda estimates the enterprise value of SPURLING CANNON AUDIT LIMITED at £27.4k based on an EBITDA of £4.6k and a 5.95x industry multiple (adjusted for size and gross margin).
spurling cannon audit limitedEstimated Valuation
£27.9k
Pomanda estimates the enterprise value of SPURLING CANNON AUDIT LIMITED at £27.9k based on Net Assets of £9.1k and 3.06x industry multiple (adjusted for liquidity).
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Spurling Cannon Audit LimitedOverview
Spurling Cannon Audit Limited is a live company located in kent, CT12 6SJ with a Companies House number of 12868910. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in September 2020, it's largest shareholder is
jonathan henry charles spurling
with a 100% stake. Spurling Cannon Audit Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£164.7k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Spurling Cannon Audit Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £164.7k, make it smaller than the average company (£209.1k)
£164.7k - Spurling Cannon Audit Limited
£209.1k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Spurling Cannon Audit Limited
- - Industry AVG
Production
with a gross margin of 93.4%, this company has a comparable cost of product (93.4%)
93.4% - Spurling Cannon Audit Limited
93.4% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (12.7%)
2% - Spurling Cannon Audit Limited
12.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Spurling Cannon Audit Limited
3 - Industry AVG
Pay Structure
on an average salary of £34.4k, the company has an equivalent pay structure (£34.4k)
£34.4k - Spurling Cannon Audit Limited
£34.4k - Industry AVG
Efficiency
resulting in sales per employee of £164.7k, this is more efficient (£79k)
£164.7k - Spurling Cannon Audit Limited
£79k - Industry AVG
Debtor Days
it gets paid by customers after 97 days, this is later than average (76 days)
97 days - Spurling Cannon Audit Limited
76 days - Industry AVG
Creditor Days
its suppliers are paid after 1702 days, this is slower than average (23 days)
1702 days - Spurling Cannon Audit Limited
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Spurling Cannon Audit Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (32 weeks)
1 weeks - Spurling Cannon Audit Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.1%, this is a higher level of debt than the average (51.9%)
87.1% - Spurling Cannon Audit Limited
51.9% - Industry AVG
SPURLING CANNON AUDIT LIMITED financials
EXPORT
Spurling Cannon Audit Limited's latest turnover from September 2023 is estimated at £164.7 thousand and the company has net assets of £9.1 thousand. According to their latest financial statements, Spurling Cannon Audit Limited has 1 employee and maintains cash reserves of £1.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Turnover
164,722
48,768
140,087
Other Income Or Grants
Cost Of Sales
10,805
6,643
19,739
Gross Profit
153,917
42,126
120,348
Admin Expenses
150,564
34,142
120,348
Operating Profit
3,353
7,984
Interest Payable
Interest Receivable
40
Pre-Tax Profit
3,393
7,984
Tax
-848
-1,517
Profit After Tax
2,545
6,467
Dividends Paid
Retained Profit
2,545
6,467
Employee Costs
34,366
33,136
64,239
Number Of Employees
1
1
2
EBITDA*
4,603
9,559
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Tangible Assets
3,752
5,002
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,752
5,002
Stock & work in progress
Trade Debtors
44,168
8,947
Group Debtors
Misc Debtors
21,270
100
Cash
1,533
misc current assets
total current assets
66,971
8,947
100
total assets
70,723
13,949
100
Bank overdraft
Bank loan
Trade Creditors
50,400
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
11,211
7,382
total current liabilities
61,611
7,382
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
61,611
7,382
net assets
9,112
6,567
100
total shareholders funds
9,112
6,567
100
Sep 2023
Sep 2022
Sep 2021
Operating Activities
Operating Profit
3,353
7,984
Depreciation
1,250
1,575
Amortisation
Tax
-848
-1,517
Stock
Debtors
56,491
8,847
100
Creditors
50,400
Accruals and Deferred Income
3,829
7,382
Deferred Taxes & Provisions
Cash flow from operations
1,493
6,577
-100
Investing Activities
capital expenditure
-6,577
Change in Investments
cash flow from investments
-6,577
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
40
cash flow from financing
40
100
cash and cash equivalents
cash
1,533
overdraft
change in cash
1,533
spurling cannon audit 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 spurling cannon audit limited. Get real-time insights into spurling cannon audit limited's credit score, group structure and payment trends.
Perform a competitor analysis for spurling cannon audit limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in CT12 area or any other competitors across 12 key performance metrics.
spurling cannon audit limited Ownership
SPURLING CANNON AUDIT LIMITED group structure
Spurling Cannon Audit Limited has no subsidiary companies.
Ultimate parent company
SPURLING CANNON AUDIT LIMITED
12868910
SPURLING CANNON AUDIT LIMITED Shareholders
The sole shareholder of Spurling Cannon Audit Limited is Jonathan Henry Charles Spurling.
jonathan henry charles spurling
100%
spurling cannon audit limited directors
Spurling Cannon Audit Limited currently has 1 director, Mr Jonathan Spurling serving since 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 did not find charges/mortgages relating to spurling cannon audit limited.
spurling cannon audit 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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spurling cannon audit limitedCompanies House Filings - See Documents
