Cleaning services (other than disinfecting and extermination services) n.e.c.
+1
Registered Address
93 victoria road, margate, kent, CT9 1RD
Website
-
sohot laundry limitedEstimated Valuation
£34.5k
Pomanda estimates the enterprise value of SOHOT LAUNDRY LIMITED at £34.5k based on a Turnover of £44k and 0.78x industry multiple (adjusted for size and gross margin).
sohot laundry limitedEstimated Valuation
£20.3k
Pomanda estimates the enterprise value of SOHOT LAUNDRY LIMITED at £20.3k based on an EBITDA of £4.4k and a 4.65x industry multiple (adjusted for size and gross margin).
sohot laundry limitedEstimated Valuation
£14.2k
Pomanda estimates the enterprise value of SOHOT LAUNDRY LIMITED at £14.2k based on Net Assets of £6.2k and 2.3x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Sohot Laundry LimitedOverview
Sohot Laundry Limited is a live company located in kent, CT9 1RD with a Companies House number of 13197226. It operates in the other cleaning services sector, SIC Code 81299. Founded in February 2021, it's largest shareholder is
abigail howarth
with a 50% stake. Sohot Laundry Limited is a startup,
micro sized company, Pomanda has estimated its turnover at
£44k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Sohot Laundry Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £44k, make it smaller than the average company (£316k)
£44k - Sohot Laundry Limited
£316k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Sohot Laundry Limited
- - Industry AVG
Production
with a gross margin of 95.5%, this company has a lower cost of product (41.1%)
95.5% - Sohot Laundry Limited
41.1% - Industry AVG
Profitability
an operating margin of -6.6% make it less profitable than the average company (6.8%)
-6.6% - Sohot Laundry Limited
6.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (13)
3 - Sohot Laundry Limited
13 - Industry AVG
Pay Structure
on an average salary of £21.6k, the company has an equivalent pay structure (£21.6k)
£21.6k - Sohot Laundry Limited
£21.6k - Industry AVG
Efficiency
resulting in sales per employee of £14.7k, this is less efficient (£42.2k)
£14.7k - Sohot Laundry Limited
£42.2k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (42 days)
1 days - Sohot Laundry Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 233 days, this is slower than average (27 days)
233 days - Sohot Laundry Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Sohot Laundry Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 12 weeks, this is less cash available to meet short term requirements (18 weeks)
12 weeks - Sohot Laundry Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.8%, this is a higher level of debt than the average (57.1%)
76.8% - Sohot Laundry Limited
57.1% - Industry AVG
SOHOT LAUNDRY LIMITED financials
EXPORT
Sohot Laundry Limited's latest turnover from February 2024 is £44 thousand and the company has net assets of £6.2 thousand. According to their latest financial statements, Sohot Laundry Limited has 3 employees and maintains cash reserves of £4.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Turnover
44,048
83,585
44,321
Other Income Or Grants
Cost Of Sales
1,973
4,991
14,589
Gross Profit
42,075
78,594
29,732
Admin Expenses
44,981
63,483
34,174
Operating Profit
-2,906
15,111
-4,442
Interest Payable
Interest Receivable
3
Pre-Tax Profit
-4,506
15,111
-4,442
Tax
Profit After Tax
-4,506
15,111
-4,442
Dividends Paid
Retained Profit
-4,506
15,111
-4,442
Employee Costs
64,813
57,208
52,701
Number Of Employees
3
3
3
EBITDA*
4,365
21,310
-3,700
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Tangible Assets
21,168
31,486
16,148
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
21,168
31,486
16,148
Stock & work in progress
Trade Debtors
175
621
1,261
Group Debtors
15,000
Misc Debtors
433
268
Cash
4,793
214
6,017
misc current assets
total current assets
5,401
16,103
7,278
total assets
26,569
47,589
23,426
Bank overdraft
Bank loan
Trade Creditors
1,260
6,301
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
19,145
30,618
27,867
total current liabilities
20,405
36,919
27,867
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
20,405
36,919
27,867
net assets
6,164
10,670
-4,441
total shareholders funds
6,164
10,670
-4,441
Feb 2024
Feb 2023
Feb 2022
Operating Activities
Operating Profit
-2,906
15,111
-4,442
Depreciation
7,271
6,199
742
Amortisation
Tax
Stock
Debtors
-15,281
14,628
1,261
Creditors
-5,041
6,301
Accruals and Deferred Income
-11,473
2,751
27,867
Deferred Taxes & Provisions
Cash flow from operations
3,132
15,734
22,906
Investing Activities
capital expenditure
3,047
-21,537
-16,890
Change in Investments
cash flow from investments
3,047
-21,537
-16,890
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
1
interest
3
cash flow from financing
3
1
cash and cash equivalents
cash
4,579
-5,803
6,017
overdraft
change in cash
4,579
-5,803
6,017
sohot laundry 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 sohot laundry limited. Get real-time insights into sohot laundry limited's credit score, group structure and payment trends.
Perform a competitor analysis for sohot laundry limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in CT9 area or any other competitors across 12 key performance metrics.
sohot laundry limited Ownership
SOHOT LAUNDRY LIMITED group structure
Sohot Laundry Limited has no subsidiary companies.
Ultimate parent company
SOHOT LAUNDRY LIMITED
13197226
SOHOT LAUNDRY LIMITED Shareholders
The largest shareholders in Sohot Laundry Limited include Abigail Howarth and Joseph Howarth.
abigail howarth
50%
joseph howarth
50%
sohot laundry limited directors
Sohot Laundry Limited currently has 2 directors.
The longest serving directors include
Mr Scott Flower (Feb 2021) and
Mr Joseph Howarth (Apr 2024).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024
net assets
6.2k
-0.42%
total assets
26.6k
-0.44%
cash
4.8k
+21.4%
net assets
Total assets minus all liabilities
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sohot laundry limited company details
company number
13197226
Type
Private limited with Share Capital
industry
81299 - Cleaning services (other than disinfecting and extermination services) n.e.c.
96010 - Washing and (dry-)cleaning of textile and fur products
incorporation date
February 2021
age
4
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
EXCEED ACCOUNTANTS LIMITED
auditor
-
address
93 victoria road, margate, kent, CT9 1RD
Bank
-
Legal Advisor
-
sohot laundry 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 sohot laundry limited.
sohot laundry 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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sohot laundry limitedCompanies House Filings - See Documents
