sunset launderette ltd

sunset launderette ltd Company Information

Share SUNSET LAUNDERETTE LTD
Live 
StartupMicro

Company Number

13920178

Industry

Washing and (dry-)cleaning of textile and fur products

 

Shareholders

majid khan

abraham horner

Group Structure

View All

Contact

Registered Address

21 high view close, hamilton office park, hamilton, leicester, LE4 9LJ

Website

-

sunset launderette ltd Estimated Valuation

£40.2k

Pomanda estimates the enterprise value of SUNSET LAUNDERETTE LTD at £40.2k based on a Turnover of £73.4k and 0.55x industry multiple (adjusted for size and gross margin).

sunset launderette ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of SUNSET LAUNDERETTE LTD at £0 based on an EBITDA of £-1.7k and a 2.94x industry multiple (adjusted for size and gross margin).

sunset launderette ltd Estimated Valuation

£3.7k

Pomanda estimates the enterprise value of SUNSET LAUNDERETTE LTD at £3.7k based on Net Assets of £1.6k and 2.28x industry multiple (adjusted for liquidity).

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Sunset Launderette Ltd Overview

Sunset Launderette Ltd is a live company located in hamilton, LE4 9LJ with a Companies House number of 13920178. It operates in the washing and (dry-)cleaning of textile and fur products sector, SIC Code 96010. Founded in February 2022, it's largest shareholder is majid khan with a 50% stake. Sunset Launderette Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £73.4k with unknown growth in recent years.

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Sunset Launderette Ltd Health Check

Pomanda's financial health check has awarded Sunset Launderette Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £73.4k, make it smaller than the average company (£340k)

£73.4k - Sunset Launderette Ltd

£340k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Sunset Launderette Ltd

- - Industry AVG

production

Production

with a gross margin of 30.5%, this company has a higher cost of product (49.5%)

30.5% - Sunset Launderette Ltd

49.5% - Industry AVG

profitability

Profitability

an operating margin of -2.3% make it less profitable than the average company (8.3%)

-2.3% - Sunset Launderette Ltd

8.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (14)

1 - Sunset Launderette Ltd

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £27.9k, the company has an equivalent pay structure (£27.9k)

£27.9k - Sunset Launderette Ltd

£27.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £73.4k, this is more efficient (£52.7k)

£73.4k - Sunset Launderette Ltd

£52.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 56 days, this is near the average (47 days)

56 days - Sunset Launderette Ltd

47 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 163 days, this is slower than average (34 days)

163 days - Sunset Launderette Ltd

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sunset Launderette Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Sunset Launderette Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 94.2%, this is a higher level of debt than the average (56%)

94.2% - Sunset Launderette Ltd

56% - Industry AVG

SUNSET LAUNDERETTE LTD financials

EXPORTms excel logo

Sunset Launderette Ltd's latest turnover from February 2024 is estimated at £73.4 thousand and the company has net assets of £1.6 thousand. According to their latest financial statements, we estimate that Sunset Launderette Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022
Turnover73,37844,1510
Other Income Or Grants000
Cost Of Sales51,03533,4120
Gross Profit22,34310,7390
Admin Expenses24,0106,6500
Operating Profit-1,6674,0890
Interest Payable000
Interest Receivable000
Pre-Tax Profit-1,6674,0890
Tax0-7770
Profit After Tax-1,6673,3120
Dividends Paid000
Retained Profit-1,6673,3120
Employee Costs27,89625,2940
Number Of Employees110
EBITDA*-1,6674,0890

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022
Tangible Assets16,23317,7300
Intangible Assets000
Investments & Other00100
Debtors (Due After 1 year)000
Total Fixed Assets16,23317,730100
Stock & work in progress000
Trade Debtors11,2608,1690
Group Debtors000
Misc Debtors8207000
Cash000
misc current assets000
total current assets12,0808,8690
total assets28,31326,599100
Bank overdraft000
Bank loan000
Trade Creditors 22,82616,9300
Group/Directors Accounts000
other short term finances000
hp & lease commitments000
other current liabilities000
total current liabilities22,82616,9300
loans000
hp & lease commitments000
Accruals and Deferred Income9421,6570
other liabilities2,9004,7000
provisions000
total long term liabilities3,8426,3570
total liabilities26,66823,2870
net assets1,6453,312100
total shareholders funds1,6453,312100
Feb 2024Feb 2023Feb 2022
Operating Activities
Operating Profit-1,6674,0890
Depreciation000
Amortisation000
Tax0-7770
Stock000
Debtors3,2118,8690
Creditors5,89616,9300
Accruals and Deferred Income-7151,6570
Deferred Taxes & Provisions000
Cash flow from operations30313,0300
Investing Activities
capital expenditure1,497-17,7300
Change in Investments0-100100
cash flow from investments1,497-17,630-100
Financing Activities
Bank loans000
Group/Directors Accounts000
Other Short Term Loans 000
Long term loans000
Hire Purchase and Lease Commitments000
other long term liabilities-1,8004,7000
share issue0-100100
interest000
cash flow from financing-1,8004,600100
cash and cash equivalents
cash000
overdraft000
change in cash000

sunset launderette ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Sunset Launderette Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for sunset launderette ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in LE4 area or any other competitors across 12 key performance metrics.

sunset launderette ltd Ownership

SUNSET LAUNDERETTE LTD group structure

Sunset Launderette Ltd has no subsidiary companies.

Ultimate parent company

SUNSET LAUNDERETTE LTD

13920178

SUNSET LAUNDERETTE LTD Shareholders

majid khan 50%
abraham horner 50%

sunset launderette ltd directors

Sunset Launderette Ltd currently has 2 directors. The longest serving directors include Mr Abraham Horner (Feb 2022) and Mr Majid Khan (Feb 2022).

officercountryagestartendrole
Mr Abraham HornerEngland33 years Feb 2022- Director
Mr Majid KhanUnited Kingdom46 years Feb 2022- Director

P&L

February 2024

turnover

73.4k

+66%

operating profit

-1.7k

0%

gross margin

30.5%

+25.18%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

February 2024

net assets

1.6k

-0.5%

total assets

28.3k

+0.06%

cash

0

0%

net assets

Total assets minus all liabilities

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sunset launderette ltd company details

company number

13920178

Type

Private limited with Share Capital

industry

96010 - Washing and (dry-)cleaning of textile and fur products

incorporation date

February 2022

age

3

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

21 high view close, hamilton office park, hamilton, leicester, LE4 9LJ

Bank

-

Legal Advisor

-

sunset launderette 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 did not find charges/mortgages relating to sunset launderette ltd.

sunset launderette 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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sunset launderette ltd Companies House Filings - See Documents

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