Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
9 dorset avenue, southall, UB2 4HF
Website
-
zingzong ltdEstimated Valuation
£53.8m
Pomanda estimates the enterprise value of ZINGZONG LTD at £53.8m based on a Turnover of £16.1m and 3.34x industry multiple (adjusted for size and gross margin).
zingzong ltdEstimated Valuation
£6.5m
Pomanda estimates the enterprise value of ZINGZONG LTD at £6.5m based on an EBITDA of £997.1k and a 6.5x industry multiple (adjusted for size and gross margin).
zingzong ltdEstimated Valuation
£4m
Pomanda estimates the enterprise value of ZINGZONG LTD at £4m based on Net Assets of £2.3m and 1.68x industry multiple (adjusted for liquidity).
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Zingzong LtdOverview
Zingzong Ltd is a live company located in southall, UB2 4HF with a Companies House number of 13446428. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 2021, it's largest shareholder is
satpal singh sethi
with a 66.7% stake. Zingzong Ltd is a startup,
mid sized company, Pomanda has estimated its turnover at
£16.1m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Zingzong Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
5 Strong
1 Regular
3 Weak
Size
annual sales of £16.1m, make it larger than the average company (£922k)
£16.1m - Zingzong Ltd
£922k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Zingzong Ltd
- - Industry AVG
Production
with a gross margin of 34.8%, this company has a higher cost of product (75.4%)
34.8% - Zingzong Ltd
75.4% - Industry AVG
Profitability
an operating margin of 6.2% make it less profitable than the average company (29.3%)
6.2% - Zingzong Ltd
29.3% - Industry AVG
Employees
with 36 employees, this is above the industry average (4)
36 - Zingzong Ltd
4 - Industry AVG
Pay Structure
on an average salary of £32.4k, the company has an equivalent pay structure (£32.4k)
£32.4k - Zingzong Ltd
£32.4k - Industry AVG
Efficiency
resulting in sales per employee of £448k, this is more efficient (£177k)
£448k - Zingzong Ltd
£177k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (30 days)
87 days - Zingzong Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 78 days, this is slower than average (38 days)
78 days - Zingzong Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Zingzong Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Zingzong Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.2%, this is a lower level of debt than the average (64.6%)
49.2% - Zingzong Ltd
64.6% - Industry AVG
ZINGZONG LTD financials
EXPORT
Zingzong Ltd's latest turnover from March 2024 is estimated at £16.1 million and the company has net assets of £2.3 million. According to their latest financial statements, we estimate that Zingzong Ltd has 36 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Jun 2022
Turnover
16,127,519
2,401,945
3,738,979
Other Income Or Grants
Cost Of Sales
10,513,522
1,594,375
2,644,725
Gross Profit
5,613,997
807,570
1,094,255
Admin Expenses
4,616,892
-102,474
26,908
Operating Profit
997,105
910,044
1,067,347
Interest Payable
Interest Receivable
Pre-Tax Profit
997,105
910,044
1,067,347
Tax
-249,276
-172,908
-202,796
Profit After Tax
747,829
737,136
864,551
Dividends Paid
Retained Profit
747,829
737,136
864,551
Employee Costs
1,166,154
182,265
305,032
Number Of Employees
36
6
10
EBITDA*
997,105
910,044
1,067,347
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Jun 2022
Tangible Assets
739,647
1,839,647
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
739,647
1,839,647
Stock & work in progress
Trade Debtors
3,881,743
603,922
1,058,185
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
3,881,743
603,922
1,058,185
total assets
4,621,390
2,443,569
1,058,185
Bank overdraft
Bank loan
Trade Creditors
2,271,535
841,543
193,634
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
2,271,535
841,543
193,634
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
339
339
total long term liabilities
339
339
total liabilities
2,271,874
841,882
193,634
net assets
2,349,516
1,601,687
864,551
total shareholders funds
2,349,516
1,601,687
864,551
Mar 2024
Mar 2023
Jun 2022
Operating Activities
Operating Profit
997,105
910,044
1,067,347
Depreciation
Amortisation
Tax
-249,276
-172,908
-202,796
Stock
Debtors
3,277,821
-454,263
1,058,185
Creditors
1,429,992
647,909
193,634
Accruals and Deferred Income
Deferred Taxes & Provisions
339
Cash flow from operations
-1,100,000
1,839,647
Investing Activities
capital expenditure
1,100,000
-1,839,647
Change in Investments
cash flow from investments
1,100,000
-1,839,647
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
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash
zingzong ltd 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 zingzong ltd. Get real-time insights into zingzong ltd's credit score, group structure and payment trends.
Perform a competitor analysis for zingzong ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in UB2 area or any other competitors across 12 key performance metrics.
zingzong ltd Ownership
ZINGZONG LTD group structure
Zingzong Ltd has no subsidiary companies.
Ultimate parent company
ZINGZONG LTD
13446428
ZINGZONG LTD Shareholders
The largest shareholders in Zingzong Ltd include Satpal Singh Sethi and Satpal Singh.
satpal singh sethi
66.67%
satpal singh
33.33%
zingzong ltd directors
Zingzong Ltd currently has 5 directors.
The longest serving directors include
Mr Satpal Sethi (Jun 2021) and
Mr Harmeet Arora (Jun 2021).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024
net assets
2.3m
+0.47%
total assets
4.6m
+0.89%
cash
0
0%
net assets
Total assets minus all liabilities
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zingzong ltd company details
company number
13446428
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
June 2021
age
4
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
9 dorset avenue, southall, UB2 4HF
Bank
-
Legal Advisor
-
zingzong 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 found 1 charges/mortgages relating to zingzong ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
zingzong ltd 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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zingzong ltdCompanies House Filings - See Documents
