Retail sale in non-specialised stores with food, beverages or tobacco predominating
Registered Address
211b main street, bellshill, ML4 1AJ
Website
-
springwell store limitedEstimated Valuation
£126.1k
Pomanda estimates the enterprise value of SPRINGWELL STORE LIMITED at £126.1k based on a Turnover of £422k and 0.3x industry multiple (adjusted for size and gross margin).
springwell store limitedEstimated Valuation
£54.7k
Pomanda estimates the enterprise value of SPRINGWELL STORE LIMITED at £54.7k based on an EBITDA of £16.2k and a 3.38x industry multiple (adjusted for size and gross margin).
springwell store limitedEstimated Valuation
£77.1k
Pomanda estimates the enterprise value of SPRINGWELL STORE LIMITED at £77.1k based on Net Assets of £29.9k and 2.57x industry multiple (adjusted for liquidity).
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Springwell Store LimitedOverview
Springwell Store Limited is a live company located in bellshill, ML4 1AJ with a Companies House number of SC524517. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in January 2016, it's largest shareholder is
nadeem ghaffar
with a 50% stake. Springwell Store Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£422k with
declining
growth in recent years.
Pomanda's financial health check has awarded Springwell Store Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
0 Strong
3 Regular
8 Weak
Size
annual sales of £422k, make it smaller than the average company (£2.7m)
£422k - Springwell Store Limited
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (6.3%)
-2% - Springwell Store Limited
6.3% - Industry AVG
Production
with a gross margin of 23.3%, this company has a comparable cost of product (23.3%)
23.3% - Springwell Store Limited
23.3% - Industry AVG
Profitability
an operating margin of 1.7% make it less profitable than the average company (3.4%)
1.7% - Springwell Store Limited
3.4% - Industry AVG
Employees
with 4 employees, this is below the industry average (24)
4 - Springwell Store Limited
24 - Industry AVG
Pay Structure
on an average salary of £17.1k, the company has an equivalent pay structure (£17.1k)
£17.1k - Springwell Store Limited
£17.1k - Industry AVG
Efficiency
resulting in sales per employee of £105.5k, this is less efficient (£126.9k)
£105.5k - Springwell Store Limited
£126.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Springwell Store Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (30 days)
7 days - Springwell Store Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 51 days, this is more than average (19 days)
51 days - Springwell Store Limited
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 17 weeks, this is average cash available to meet short term requirements (20 weeks)
17 weeks - Springwell Store Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.8%, this is a higher level of debt than the average (62.4%)
69.8% - Springwell Store Limited
62.4% - Industry AVG
SPRINGWELL STORE LIMITED financials
EXPORT
Springwell Store Limited's latest turnover from March 2024 is estimated at £422 thousand and the company has net assets of £29.9 thousand. According to their latest financial statements, Springwell Store Limited has 4 employees and maintains cash reserves of £8.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Turnover
422,001
421,495
414,429
454,646
375,243
425,311
385,954
288,032
Other Income Or Grants
Cost Of Sales
323,859
324,759
318,468
354,008
288,427
330,230
302,114
224,681
Gross Profit
98,141
96,736
95,961
100,638
86,816
95,081
83,840
63,351
Admin Expenses
90,901
103,797
98,298
72,027
72,415
93,972
81,288
53,665
Operating Profit
7,240
-7,061
-2,337
28,611
14,401
1,109
2,552
9,686
Interest Payable
3,175
3,879
3,192
1,758
533
846
897
452
Interest Receivable
309
704
323
33
6
70
90
25
Pre-Tax Profit
4,373
-10,236
-5,206
26,886
13,874
332
1,744
9,259
Tax
-1,093
-5,108
-2,636
-63
-331
-1,852
Profit After Tax
3,280
-10,236
-5,206
21,778
11,238
269
1,413
7,407
Dividends Paid
Retained Profit
3,280
-10,236
-5,206
21,778
11,238
269
1,413
7,407
Employee Costs
68,509
65,314
64,541
59,900
62,098
80,520
92,314
57,352
Number Of Employees
4
4
4
4
4
5
6
4
EBITDA*
16,164
1,863
6,587
39,405
20,121
5,329
7,075
9,686
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Tangible Assets
5,611
11,224
16,837
22,450
7,228
2,725
3,634
4,846
Intangible Assets
39,740
43,051
46,362
49,673
52,984
56,295
59,606
62,917
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
45,351
54,275
63,199
72,123
60,212
59,020
63,240
67,763
Stock & work in progress
45,356
49,499
50,610
46,139
38,188
39,096
27,484
21,318
Trade Debtors
Group Debtors
Misc Debtors
400
1,492
Cash
8,413
3,354
29,768
56,335
9,607
2,545
16,082
19,862
misc current assets
total current assets
53,769
52,853
80,378
102,474
47,795
42,041
43,566
42,672
total assets
99,120
107,128
143,577
174,597
108,007
101,061
106,806
110,435
Bank overdraft
10,648
10,648
10,000
3,326
13,140
14,466
Bank loan
8,754
3,704
4,905
Trade Creditors
6,734
4,146
4,035
15,630
13,755
15,041
13,969
13,554
Group/Directors Accounts
4,644
51,375
57,396
56,871
62,520
67,739
other short term finances
hp & lease commitments
other current liabilities
7,760
11,674
7,764
9,133
9,688
7,606
7,664
6,346
total current liabilities
25,142
26,468
26,443
84,892
84,543
87,749
97,293
102,105
loans
12,610
22,544
32,500
43,333
1,848
3,703
hp & lease commitments
Accruals and Deferred Income
other liabilities
31,423
28,252
44,534
provisions
3,199
3,199
4,265
1,287
518
691
921
total long term liabilities
44,033
53,995
80,233
47,598
3,135
4,221
691
921
total liabilities
69,175
80,463
106,676
132,490
87,678
91,970
97,984
103,026
net assets
29,945
26,665
36,901
42,107
20,329
9,091
8,822
7,409
total shareholders funds
29,945
26,665
36,901
42,107
20,329
9,091
8,822
7,409
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Operating Activities
Operating Profit
7,240
-7,061
-2,337
28,611
14,401
1,109
2,552
9,686
Depreciation
5,613
5,613
5,613
7,483
2,409
909
1,212
Amortisation
3,311
3,311
3,311
3,311
3,311
3,311
3,311
Tax
-1,093
-5,108
-2,636
-63
-331
-1,852
Stock
-4,143
-1,111
4,471
7,951
-908
11,612
6,166
21,318
Debtors
-400
400
-1,492
1,492
Creditors
2,588
111
-11,595
1,875
-1,286
1,072
415
13,554
Accruals and Deferred Income
-3,914
3,910
-1,369
-555
2,082
-58
1,318
6,346
Deferred Taxes & Provisions
-3,199
-1,066
2,978
769
-173
-230
921
Cash flow from operations
14,689
6,995
-11,914
30,644
20,358
-5,905
3,573
5,845
Investing Activities
capital expenditure
-22,705
-6,912
-67,763
Change in Investments
cash flow from investments
-22,705
-6,912
-67,763
Financing Activities
Bank loans
-8,754
5,050
-1,201
4,905
Group/Directors Accounts
-4,644
-46,731
-6,021
525
-5,649
-5,219
67,739
Other Short Term Loans
Long term loans
-9,934
-9,956
-10,833
41,485
-1,855
3,703
Hire Purchase and Lease Commitments
other long term liabilities
3,171
-16,282
44,534
share issue
2
interest
-2,866
-3,175
-2,869
-1,725
-527
-776
-807
-427
cash flow from financing
-9,629
-34,057
-24,653
38,789
-3,058
2,183
-6,026
67,314
cash and cash equivalents
cash
5,059
-26,414
-26,567
46,728
7,062
-13,537
-3,780
19,862
overdraft
648
10,000
-3,326
-9,814
-1,326
14,466
change in cash
5,059
-27,062
-36,567
46,728
10,388
-3,723
-2,454
5,396
springwell store 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 springwell store limited. Get real-time insights into springwell store limited's credit score, group structure and payment trends.
Perform a competitor analysis for springwell store limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in ML4 area or any other competitors across 12 key performance metrics.
springwell store limited Ownership
SPRINGWELL STORE LIMITED group structure
Springwell Store Limited has no subsidiary companies.
Ultimate parent company
SPRINGWELL STORE LIMITED
SC524517
SPRINGWELL STORE LIMITED Shareholders
The largest shareholders in Springwell Store Limited include Nadeem Ghaffar and Syra Ghaffar.
nadeem ghaffar
50%
syra ghaffar
50%
springwell store limited directors
Springwell Store Limited currently has 2 directors.
The longest serving directors include
Mr Nadeem Ghaffar (Jan 2016) and
Mrs Syra Ghaffar (Jan 2016).
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
January 2016
age
9
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
211b main street, bellshill, ML4 1AJ
Bank
-
Legal Advisor
-
springwell store 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 springwell store limited.
springwell store limited Capital Raised & Share Issues BETA
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springwell store limitedCompanies House Filings - See Documents
