the sofa beds ltd
the sofa beds ltd Company Information
Company Number
SC729535
Website
-Registered Address
33b haddington place, edinburgh, EH7 4AG
Industry
Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Directors
Mohamed Shoaira2 Years
Shareholders
mohamed shoaira 100%
the sofa beds ltd Estimated Valuation
Pomanda estimates the enterprise value of THE SOFA BEDS LTD at £68.1k based on a Turnover of £210.7k and 0.32x industry multiple (adjusted for size and gross margin).
the sofa beds ltd Estimated Valuation
Pomanda estimates the enterprise value of THE SOFA BEDS LTD at £47.5k based on an EBITDA of £13.7k and a 3.48x industry multiple (adjusted for size and gross margin).
the sofa beds ltd Estimated Valuation
Pomanda estimates the enterprise value of THE SOFA BEDS LTD at £25.9k based on Net Assets of £10.2k and 2.53x industry multiple (adjusted for liquidity).
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The Sofa Beds Ltd Overview
The Sofa Beds Ltd is a live company located in edinburgh, EH7 4AG with a Companies House number of SC729535. It operates in the retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store sector, SIC Code 47599. Founded in April 2022, it's largest shareholder is mohamed shoaira with a 100% stake. The Sofa Beds Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £210.7k with unknown growth in recent years.
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The Sofa Beds Ltd Health Check
Pomanda's financial health check has awarded The Sofa Beds Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £210.7k, make it smaller than the average company (£4.3m)
- The Sofa Beds Ltd
£4.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- The Sofa Beds Ltd
- - Industry AVG
Production
with a gross margin of 29.8%, this company has a higher cost of product (40.6%)
- The Sofa Beds Ltd
40.6% - Industry AVG
Profitability
an operating margin of 6.5% make it more profitable than the average company (4%)
- The Sofa Beds Ltd
4% - Industry AVG
Employees
with 2 employees, this is below the industry average (26)
2 - The Sofa Beds Ltd
26 - Industry AVG
Pay Structure
on an average salary of £32.2k, the company has an equivalent pay structure (£32.2k)
- The Sofa Beds Ltd
£32.2k - Industry AVG
Efficiency
resulting in sales per employee of £105.4k, this is less efficient (£165.8k)
- The Sofa Beds Ltd
£165.8k - Industry AVG
Debtor Days
it gets paid by customers after 113 days, this is later than average (15 days)
- The Sofa Beds Ltd
15 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (38 days)
- The Sofa Beds Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Sofa Beds Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - The Sofa Beds Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.9%, this is a higher level of debt than the average (67.1%)
84.9% - The Sofa Beds Ltd
67.1% - Industry AVG
THE SOFA BEDS LTD financials
The Sofa Beds Ltd's latest turnover from April 2023 is estimated at £210.7 thousand and the company has net assets of £10.2 thousand. According to their latest financial statements, The Sofa Beds Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 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 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | |
|---|---|
| Tangible Assets | 2,078 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 2,078 |
| Stock & work in progress | 0 |
| Trade Debtors | 65,628 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 65,628 |
| total assets | 67,706 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 1,915 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 1,915 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 55,550 |
| provisions | 0 |
| total long term liabilities | 55,550 |
| total liabilities | 57,465 |
| net assets | 10,241 |
| total shareholders funds | 10,241 |
| Apr 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | 0 |
| Debtors | 65,628 |
| Creditors | 1,915 |
| Accruals and Deferred Income | 0 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 55,550 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 0 |
| overdraft | 0 |
| change in cash | 0 |
the sofa beds ltd Credit Report and Business Information
The Sofa Beds Ltd Competitor Analysis
Perform a competitor analysis for the sofa beds ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in EH7 area or any other competitors across 12 key performance metrics.
the sofa beds ltd Ownership
THE SOFA BEDS LTD group structure
The Sofa Beds Ltd has no subsidiary companies.
Ultimate parent company
THE SOFA BEDS LTD
SC729535
the sofa beds ltd directors
The Sofa Beds Ltd currently has 1 director, Mr Mohamed Shoaira serving since Apr 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohamed Shoaira | Scotland | 46 years | Apr 2022 | - | Director |
P&L
April 2023turnover
210.7k
0%
operating profit
13.7k
0%
gross margin
29.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
10.2k
0%
total assets
67.7k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
the sofa beds ltd company details
company number
SC729535
Type
Private limited with Share Capital
industry
47599 - Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
incorporation date
April 2022
age
2
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
33b haddington place, edinburgh, EH7 4AG
Bank
-
Legal Advisor
-
the sofa beds 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 the sofa beds ltd.
the sofa beds ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
