splendid holdings ltd
splendid holdings ltd Company Information
Company Number
13562705
Website
-Registered Address
2 regal way, watford, hertfordshire, WD24 4YJ
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
shiraz boghani 100%
nadeem boghani 0%
splendid holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of SPLENDID HOLDINGS LTD at £154.4m based on a Turnover of £71.9m and 2.15x industry multiple (adjusted for size and gross margin).
splendid holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of SPLENDID HOLDINGS LTD at £0 based on an EBITDA of £-3.2m and a 8.02x industry multiple (adjusted for size and gross margin).
splendid holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of SPLENDID HOLDINGS LTD at £10.8m based on Net Assets of £21.1m and 0.51x industry multiple (adjusted for liquidity).
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Splendid Holdings Ltd Overview
Splendid Holdings Ltd is a live company located in hertfordshire, WD24 4YJ with a Companies House number of 13562705. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in August 2021, it's largest shareholder is shiraz boghani with a 100% stake. Splendid Holdings Ltd is a startup, large sized company, Pomanda has estimated its turnover at £71.9m with unknown growth in recent years.
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Splendid Holdings Ltd Health Check
Pomanda's financial health check has awarded Splendid Holdings Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £71.9m, make it larger than the average company (£18m)
£71.9m - Splendid Holdings Ltd
£18m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Splendid Holdings Ltd
- - Industry AVG
Production
with a gross margin of 21.3%, this company has a higher cost of product (36.1%)
21.3% - Splendid Holdings Ltd
36.1% - Industry AVG
Profitability
an operating margin of -13.3% make it less profitable than the average company (5.2%)
-13.3% - Splendid Holdings Ltd
5.2% - Industry AVG
Employees
with 1607 employees, this is above the industry average (106)
1607 - Splendid Holdings Ltd
106 - Industry AVG
Pay Structure
on an average salary of £11.6k, the company has a lower pay structure (£42k)
£11.6k - Splendid Holdings Ltd
£42k - Industry AVG
Efficiency
resulting in sales per employee of £44.7k, this is less efficient (£178.2k)
£44.7k - Splendid Holdings Ltd
£178.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Splendid Holdings Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is quicker than average (48 days)
34 days - Splendid Holdings Ltd
48 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (42 days)
3 days - Splendid Holdings Ltd
42 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (15 weeks)
30 weeks - Splendid Holdings Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 65.2%, this is a similar level of debt than the average (69.9%)
65.2% - Splendid Holdings Ltd
69.9% - Industry AVG
SPLENDID HOLDINGS LTD financials
Splendid Holdings Ltd's latest turnover from December 2022 is £71.9 million and the company has net assets of £21.1 million. According to their latest financial statements, Splendid Holdings Ltd has 1,607 employees and maintains cash reserves of £8.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | |
|---|---|---|
| Turnover | 71,897,488 | 76,674,161 |
| Other Income Or Grants | 0 | 0 |
| Cost Of Sales | 56,622,675 | 52,543,452 |
| Gross Profit | 15,274,813 | 24,130,709 |
| Admin Expenses | 24,866,681 | 19,804,455 |
| Operating Profit | -9,591,868 | 4,326,254 |
| Interest Payable | 1,144,884 | 823,403 |
| Interest Receivable | 74,395 | 0 |
| Pre-Tax Profit | -10,662,357 | 3,502,851 |
| Tax | 2,430,200 | -1,719,191 |
| Profit After Tax | -8,232,157 | 1,783,660 |
| Dividends Paid | 0 | 0 |
| Retained Profit | -8,232,157 | 1,783,660 |
| Employee Costs | 18,687,459 | 18,557,877 |
| Number Of Employees | 1,607 | 1,529 |
| EBITDA* | -3,185,556 | 11,194,039 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | |
|---|---|---|
| Tangible Assets | 22,238,384 | 26,185,126 |
| Intangible Assets | 14,769,761 | 16,534,514 |
| Investments & Other | 7,117,720 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 44,125,865 | 42,719,640 |
| Stock & work in progress | 578,887 | 489,406 |
| Trade Debtors | 0 | 9,659 |
| Group Debtors | 2,200,000 | 0 |
| Misc Debtors | 5,006,765 | 1,268,767 |
| Cash | 8,607,637 | 7,983,270 |
| misc current assets | 0 | 0 |
| total current assets | 16,393,289 | 9,751,102 |
| total assets | 60,519,154 | 52,470,742 |
| Bank overdraft | 0 | 0 |
| Bank loan | 3,311,668 | 29,825,010 |
| Trade Creditors | 5,276,410 | 5,180,864 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 5,925,380 | 22,518,913 |
| total current liabilities | 14,513,458 | 57,524,787 |
| loans | 24,210,425 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 720,000 | 1,111,875 |
| total long term liabilities | 24,930,425 | 1,111,875 |
| total liabilities | 39,443,883 | 58,636,662 |
| net assets | 21,075,271 | -6,165,920 |
| total shareholders funds | 21,075,271 | -6,165,920 |
| Dec 2022 | Dec 2021 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | -9,591,868 | 4,326,254 |
| Depreciation | 3,753,082 | 4,080,498 |
| Amortisation | 2,653,230 | 2,787,287 |
| Tax | 2,430,200 | -1,719,191 |
| Stock | 89,481 | 489,406 |
| Debtors | 5,928,339 | 1,278,426 |
| Creditors | 95,546 | 5,180,864 |
| Accruals and Deferred Income | -16,593,533 | 22,518,913 |
| Deferred Taxes & Provisions | -391,875 | 1,111,875 |
| Cash flow from operations | -23,663,038 | 36,518,668 |
| Investing Activities | ||
| capital expenditure | 0 | 0 |
| Change in Investments | 7,117,720 | 0 |
| cash flow from investments | -7,117,720 | 0 |
| Financing Activities | ||
| Bank loans | -26,513,342 | 29,825,010 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 24,210,425 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | -1,070,489 | -823,403 |
| cash flow from financing | 32,099,942 | 21,052,027 |
| cash and cash equivalents | ||
| cash | 624,367 | 7,983,270 |
| overdraft | 0 | 0 |
| change in cash | 624,367 | 7,983,270 |
splendid holdings ltd Credit Report and Business Information
Splendid Holdings Ltd Competitor Analysis
Perform a competitor analysis for splendid holdings ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in WD24 area or any other competitors across 12 key performance metrics.
splendid holdings ltd Ownership
SPLENDID HOLDINGS LTD group structure
Splendid Holdings Ltd has 2 subsidiary companies.
Ultimate parent company
SPLENDID HOLDINGS LTD
13562705
2 subsidiaries
splendid holdings ltd directors
Splendid Holdings Ltd currently has 2 directors. The longest serving directors include Mr Nadeem Boghani (Aug 2021) and Mr Shiraz Boghani (Aug 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nadeem Boghani | United Kingdom | 45 years | Aug 2021 | - | Director |
| Mr Shiraz Boghani | United Kingdom | 73 years | Aug 2021 | - | Director |
P&L
December 2022turnover
71.9m
-6%
operating profit
-9.6m
-322%
gross margin
21.3%
-32.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
21.1m
-4.42%
total assets
60.5m
+0.15%
cash
8.6m
+0.08%
net assets
Total assets minus all liabilities
Similar Companies
splendid holdings ltd company details
company number
13562705
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
August 2021
age
3
incorporated
UK
accounts
Group
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
2 regal way, watford, hertfordshire, WD24 4YJ
accountant
-
auditor
BDO LLP
splendid holdings 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 3 charges/mortgages relating to splendid holdings ltd. Currently there are 3 open charges and 0 have been satisfied in the past.
splendid holdings ltd Companies House Filings - See Documents
| date | description | view/download |
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