morecambe sparkle cic
morecambe sparkle cic Company Information
Group Structure
View All
Industry
Other social work activities without accommodation n.e.c.
Registered Address
the old court house, clark street, morecambe, LA4 5HR
Website
morecambesparkle.orgmorecambe sparkle cic Estimated Valuation
Pomanda estimates the enterprise value of MORECAMBE SPARKLE CIC at £27.1k based on a Turnover of £83.8k and 0.32x industry multiple (adjusted for size and gross margin).
morecambe sparkle cic Estimated Valuation
Pomanda estimates the enterprise value of MORECAMBE SPARKLE CIC at £0 based on an EBITDA of £-1.4k and a 3.37x industry multiple (adjusted for size and gross margin).
morecambe sparkle cic Estimated Valuation
Pomanda estimates the enterprise value of MORECAMBE SPARKLE CIC at £0 based on Net Assets of £0 and 2.4x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Morecambe Sparkle Cic Overview
Morecambe Sparkle Cic is a live company located in morecambe, LA4 5HR with a Companies House number of 13935203. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in February 2022, it's largest shareholder is unknown. Morecambe Sparkle Cic is a startup, micro sized company, Pomanda has estimated its turnover at £83.8k with unknown growth in recent years.
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Morecambe Sparkle Cic Health Check
Pomanda's financial health check has awarded Morecambe Sparkle Cic a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £83.8k, make it smaller than the average company (£485.6k)
- Morecambe Sparkle Cic
£485.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Morecambe Sparkle Cic
- - Industry AVG
Production
with a gross margin of 26.9%, this company has a higher cost of product (67.5%)
- Morecambe Sparkle Cic
67.5% - Industry AVG
Profitability
an operating margin of -1.6% make it less profitable than the average company (3.5%)
- Morecambe Sparkle Cic
3.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (14)
- Morecambe Sparkle Cic
14 - Industry AVG
Pay Structure
on an average salary of £25.1k, the company has an equivalent pay structure (£25.1k)
- Morecambe Sparkle Cic
£25.1k - Industry AVG
Efficiency
resulting in sales per employee of £41.9k, this is equally as efficient (£39.5k)
- Morecambe Sparkle Cic
£39.5k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is near the average (14 days)
- Morecambe Sparkle Cic
14 days - Industry AVG
Creditor Days
its suppliers are paid after 314 days, this is slower than average (5 days)
- Morecambe Sparkle Cic
5 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Morecambe Sparkle Cic
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 48 weeks, this is less cash available to meet short term requirements (239 weeks)
48 weeks - Morecambe Sparkle Cic
239 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (12.8%)
100% - Morecambe Sparkle Cic
12.8% - Industry AVG
MORECAMBE SPARKLE CIC financials
Morecambe Sparkle Cic's latest turnover from March 2024 is estimated at £83.8 thousand and the company has net assets of 0. According to their latest financial statements, we estimate that Morecambe Sparkle Cic has 2 employees and maintains cash reserves of £49.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | |
|---|---|---|
| Turnover | ||
| Other Income Or Grants | ||
| Cost Of Sales | ||
| Gross Profit | ||
| Admin Expenses | ||
| Operating Profit | ||
| Interest Payable | ||
| Interest Receivable | ||
| Pre-Tax Profit | ||
| Tax | ||
| Profit After Tax | ||
| Dividends Paid | ||
| Retained Profit | ||
| Employee Costs | ||
| Number Of Employees | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | |
|---|---|---|
| Tangible Assets | ||
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | ||
| Stock & work in progress | ||
| Trade Debtors | 3,249 | 43,538 |
| Group Debtors | ||
| Misc Debtors | ||
| Cash | 49,471 | 2,393 |
| misc current assets | ||
| total current assets | 52,720 | 45,931 |
| total assets | 52,720 | 45,931 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 52,720 | 45,931 |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | ||
| total current liabilities | 52,720 | 45,931 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | ||
| total long term liabilities | ||
| total liabilities | 52,720 | 45,931 |
| net assets | ||
| total shareholders funds |
| Mar 2024 | Mar 2023 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | -40,289 | 43,538 |
| Creditors | 6,789 | 45,931 |
| Accruals and Deferred Income | ||
| Deferred Taxes & Provisions | ||
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | ||
| cash flow from investments | ||
| 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 | 47,078 | 2,393 |
| overdraft | ||
| change in cash | 47,078 | 2,393 |
morecambe sparkle cic Credit Report and Business Information
Morecambe Sparkle Cic Competitor Analysis
Perform a competitor analysis for morecambe sparkle cic by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in LA4 area or any other competitors across 12 key performance metrics.
morecambe sparkle cic Ownership
MORECAMBE SPARKLE CIC group structure
Morecambe Sparkle Cic has no subsidiary companies.
Ultimate parent company
MORECAMBE SPARKLE CIC
13935203
morecambe sparkle cic directors
Morecambe Sparkle Cic currently has 10 directors. The longest serving directors include Mr Jason Slater (Feb 2022) and Mrs Bina Gadani (Feb 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jason Slater | England | 53 years | Feb 2022 | - | Director |
| Mrs Bina Gadani | United Kingdom | 55 years | Feb 2022 | - | Director |
| Mr Rodney Taylor | England | 72 years | Feb 2022 | - | Director |
| Mr Stephen Wright | United Kingdom | 58 years | Feb 2022 | - | Director |
| Miss Sian Johnson | 81 years | Feb 2022 | - | Director | |
| Ms Tabitha Sims | England | 56 years | Jul 2022 | - | Director |
| Mr Callum Henry | England | 25 years | Jun 2023 | - | Director |
| Mr Theo Gardner | England | 27 years | Aug 2023 | - | Director |
| Mrs Carla Brayshaw | England | 59 years | Sep 2024 | - | Director |
| Mr David Brayshaw | England | 63 years | Sep 2024 | - | Director |
P&L
March 2024turnover
83.8k
-73%
operating profit
-1.4k
0%
gross margin
27%
+1.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
0
0%
total assets
52.7k
+0.15%
cash
49.5k
+19.67%
net assets
Total assets minus all liabilities
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morecambe sparkle cic company details
company number
13935203
Type
Private Ltd By Guarantee w/o Share Cap
industry
88990 - Other social work activities without accommodation n.e.c.
incorporation date
February 2022
age
3
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2024
previous names
N/A
accountant
WATERS & ATKINSON
auditor
-
address
the old court house, clark street, morecambe, LA4 5HR
Bank
-
Legal Advisor
-
morecambe sparkle cic 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 morecambe sparkle cic.
morecambe sparkle cic 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.
Click to start generating capital raising & share issue transactions for MORECAMBE SPARKLE CIC. This can take several minutes, an email will notify you when this has completed.
morecambe sparkle cic Companies House Filings - See Documents
| date | description | view/download |
|---|
