business launchpad limited
business launchpad limited Company Information
Company Number
02110648
Registered Address
trident business centre, 89 bickersteth road, london, SW17 9SH
Industry
Other personal service activities n.e.c.
Telephone
02085167700
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
business launchpad limited Estimated Valuation
Pomanda estimates the enterprise value of BUSINESS LAUNCHPAD LIMITED at £969.7k based on a Turnover of £1.2m and 0.81x industry multiple (adjusted for size and gross margin).
business launchpad limited Estimated Valuation
Pomanda estimates the enterprise value of BUSINESS LAUNCHPAD LIMITED at £609.8k based on an EBITDA of £92.3k and a 6.61x industry multiple (adjusted for size and gross margin).
business launchpad limited Estimated Valuation
Pomanda estimates the enterprise value of BUSINESS LAUNCHPAD LIMITED at £14.5m based on Net Assets of £5.4m and 2.7x industry multiple (adjusted for liquidity).
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Business Launchpad Limited Overview
Business Launchpad Limited is a live company located in london, SW17 9SH with a Companies House number of 02110648. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in March 1987, it's largest shareholder is unknown. Business Launchpad Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.2m with low growth in recent years.
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Business Launchpad Limited Health Check
Pomanda's financial health check has awarded Business Launchpad Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
5 Regular
4 Weak
Size
annual sales of £1.2m, make it larger than the average company (£794.5k)
£1.2m - Business Launchpad Limited
£794.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (5.3%)
1% - Business Launchpad Limited
5.3% - Industry AVG
Production
with a gross margin of 40.6%, this company has a comparable cost of product (40.6%)
40.6% - Business Launchpad Limited
40.6% - Industry AVG
Profitability
an operating margin of 4.2% make it less profitable than the average company (6.3%)
4.2% - Business Launchpad Limited
6.3% - Industry AVG
Employees
with 16 employees, this is similar to the industry average (14)
16 - Business Launchpad Limited
14 - Industry AVG
Pay Structure
on an average salary of £33.1k, the company has an equivalent pay structure (£27.7k)
£33.1k - Business Launchpad Limited
£27.7k - Industry AVG
Efficiency
resulting in sales per employee of £74.9k, this is equally as efficient (£68.4k)
£74.9k - Business Launchpad Limited
£68.4k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is later than average (27 days)
49 days - Business Launchpad Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is quicker than average (40 days)
32 days - Business Launchpad Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Business Launchpad Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 56 weeks, this is average cash available to meet short term requirements (66 weeks)
56 weeks - Business Launchpad Limited
66 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.7%, this is a lower level of debt than the average (38.4%)
22.7% - Business Launchpad Limited
38.4% - Industry AVG
BUSINESS LAUNCHPAD LIMITED financials
Business Launchpad Limited's latest turnover from March 2023 is £1.2 million and the company has net assets of £5.4 million. According to their latest financial statements, Business Launchpad Limited has 16 employees and maintains cash reserves of £392.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,199,052 | 1,230,305 | 1,226,051 | 1,162,812 | 1,187,078 | 1,151,855 | 1,011,342 | 1,010,576 | 930,275 | 769,302 | 732,691 | 606,090 | 585,941 | 823,096 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 17,151 | 18,492 | 0 | 0 | 0 | 0 | |||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 19,096 | -34,335 | 108,905 | 26,719 | 44,147 | 126,718 | 53,533 | 248,188 | 122,407 | -5,521 | 19,280 | 13,371 | -86,860 | 84,242 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 19,096 | -34,335 | 108,905 | 26,719 | 44,147 | 126,718 | 53,533 | 248,188 | 122,407 | -5,521 | 19,280 | 13,371 | -86,860 | 84,242 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 19,096 | -34,335 | 108,905 | 26,719 | 44,147 | 126,718 | 53,533 | 248,188 | 122,407 | -5,521 | 19,280 | 13,371 | -86,860 | 84,242 |
| Employee Costs | 529,922 | 607,257 | 626,897 | 630,314 | 610,364 | 585,413 | 546,293 | 381,346 | 342,439 | 395,600 | 328,833 | 237,608 | 205,260 | 151,404 |
| Number Of Employees | 16 | 19 | 18 | 21 | 20 | 17 | 16 | 14 | 13 | 15 | 14 | 14 | 13 | 7 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,335,926 | 6,069,140 | 6,096,000 | 3,963,541 | 4,005,178 | 3,991,451 | 3,143,291 | 3,139,959 | 3,094,529 | 2,221,738 | 2,310,454 | 2,383,188 | 2,475,479 | 2,488,836 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,335,926 | 6,069,140 | 6,096,000 | 3,963,541 | 4,005,178 | 3,991,451 | 3,143,291 | 3,139,959 | 3,094,529 | 2,221,738 | 2,310,454 | 2,383,188 | 2,475,479 | 2,488,836 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 164,034 | 67,335 | 97,751 | 65,463 | 53,293 | 20,840 | 40,814 | 37,642 | 9,003 | 16,358 | 28,138 | 29,085 | 28,789 | 25,630 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 52,378 | 76,993 | 24,071 | 24,229 | 14,742 | 8,253 | 12,909 | 4,419 | 3,541 | 268 | 2,738 | 6,320 | 3,002 | 30,183 |
| Cash | 392,053 | 174,789 | 315,720 | 140,884 | 155,055 | 261,534 | 205,644 | 264,362 | 249,026 | 60,482 | 45,382 | 30,616 | 15,686 | 160,371 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 608,465 | 319,117 | 437,542 | 230,576 | 223,090 | 290,627 | 259,367 | 306,423 | 261,570 | 77,108 | 76,258 | 66,021 | 47,477 | 216,184 |
| total assets | 6,944,391 | 6,388,257 | 6,533,542 | 4,194,117 | 4,228,268 | 4,282,078 | 3,402,658 | 3,446,382 | 3,356,099 | 2,298,846 | 2,386,712 | 2,449,209 | 2,522,956 | 2,705,020 |
| Bank overdraft | 9,842 | 85,017 | 78,665 | 0 | 73,994 | 0 | 0 | 0 | 0 | 0 | 70,348 | 62,944 | 30,454 | 52,487 |
| Bank loan | 0 | 0 | 0 | 74,733 | 0 | 73,281 | 71,348 | 71,348 | 70,348 | 70,348 | 0 | 0 | 0 | 0 |
| Trade Creditors | 63,194 | 51,067 | 22,615 | 19,742 | 17,198 | 27,360 | 31,098 | 64,879 | 80,462 | 14,707 | 35,622 | 53,640 | 57,204 | 74,438 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 119,600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 13,272 | 15,926 | 15,926 | 0 | 0 | 0 | 3,125 | 7,500 |
| other current liabilities | 288,831 | 305,081 | 368,483 | 339,147 | 318,354 | 320,608 | 311,627 | 254,588 | 299,005 | 236,453 | 219,787 | 205,153 | 230,768 | 254,512 |
| total current liabilities | 361,867 | 441,165 | 589,363 | 433,622 | 409,546 | 421,249 | 427,345 | 406,741 | 465,741 | 321,508 | 325,757 | 321,737 | 321,551 | 388,937 |
| loans | 508,828 | 150,048 | 216,956 | 280,720 | 354,209 | 429,006 | 503,751 | 716,483 | 792,748 | 884,467 | 954,523 | 1,032,280 | 1,231,144 | 1,250,787 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,272 | 27,872 | 0 | 0 | 0 | 0 | 3,125 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 707,809 | 450,253 | 346,097 | 357,554 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,216,637 | 600,301 | 563,053 | 638,274 | 354,209 | 429,006 | 503,751 | 729,755 | 820,620 | 884,467 | 954,523 | 1,032,280 | 1,231,144 | 1,253,912 |
| total liabilities | 1,578,504 | 1,041,466 | 1,152,416 | 1,071,896 | 763,755 | 850,255 | 931,096 | 1,136,496 | 1,286,361 | 1,205,975 | 1,280,280 | 1,354,017 | 1,552,695 | 1,642,849 |
| net assets | 5,365,887 | 5,346,791 | 5,381,126 | 3,122,221 | 3,464,513 | 3,431,823 | 2,471,562 | 2,309,886 | 2,069,738 | 1,092,871 | 1,106,432 | 1,095,192 | 970,261 | 1,062,171 |
| total shareholders funds | 5,365,887 | 5,346,791 | 5,381,126 | 3,122,221 | 3,464,513 | 3,431,823 | 2,471,562 | 2,309,886 | 2,069,738 | 1,092,871 | 1,106,432 | 1,095,192 | 970,261 | 1,062,171 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 42,100 | 51,754 | 58,401 | 63,264 | 70,564 | 74,944 | 45,915 | 35,014 | 63,574 | 99,812 | 97,581 | 95,308 | 98,615 | 50,009 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 72,084 | 22,506 | 32,130 | 21,657 | 38,942 | -24,630 | 11,662 | 29,517 | -4,082 | -14,250 | -4,529 | 3,614 | -24,022 | 55,813 |
| Creditors | 12,127 | 28,452 | 2,873 | 2,544 | -10,162 | -3,738 | -33,781 | -15,583 | 65,755 | -20,915 | -18,018 | -3,564 | -17,234 | 74,438 |
| Accruals and Deferred Income | -16,250 | -63,402 | 29,336 | 20,793 | -2,254 | 8,981 | 57,039 | -44,417 | 62,552 | 16,666 | 14,634 | -25,615 | -23,744 | 254,512 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -78,103 | -66,742 | -80,444 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -78,103 | -66,742 | -80,444 | ||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | -74,733 | 74,733 | -73,281 | 1,933 | 0 | 1,000 | 0 | 70,348 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -119,600 | 119,600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 358,780 | -66,908 | -63,764 | -73,489 | -74,797 | -74,745 | -212,732 | -76,265 | -91,719 | -70,056 | -77,757 | -198,864 | -19,643 | 1,250,787 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | -13,272 | -15,926 | -14,600 | 43,798 | 0 | 0 | -3,125 | -7,500 | 10,625 |
| other long term liabilities | 257,556 | 104,156 | -11,457 | 357,554 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | -17,151 | -18,492 | 0 | 0 | 0 | 0 | |||
| cash flow from financing | 616,336 | -82,352 | 2,119,646 | -10,213 | -159,535 | -115,056 | 788,047 | -85,797 | -90,429 | -32,193 | 2,239,341 | |||
| cash and cash equivalents | ||||||||||||||
| cash | 217,264 | -140,931 | 174,836 | -14,171 | -106,479 | 55,890 | -58,718 | 15,336 | 188,544 | 15,100 | 14,766 | 14,930 | -144,685 | 160,371 |
| overdraft | -75,175 | 6,352 | 78,665 | -73,994 | 73,994 | 0 | 0 | 0 | 0 | -70,348 | 7,404 | 32,490 | -22,033 | 52,487 |
| change in cash | 292,439 | -147,283 | 96,171 | 59,823 | -180,473 | 55,890 | -58,718 | 15,336 | 188,544 | 85,448 | 7,362 | -17,560 | -122,652 | 107,884 |
business launchpad limited Credit Report and Business Information
Business Launchpad Limited Competitor Analysis
Perform a competitor analysis for business launchpad limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
business launchpad limited Ownership
BUSINESS LAUNCHPAD LIMITED group structure
Business Launchpad Limited has 1 subsidiary company.
Ultimate parent company
BUSINESS LAUNCHPAD LIMITED
02110648
1 subsidiary
business launchpad limited directors
Business Launchpad Limited currently has 9 directors. The longest serving directors include Mr William Sceats (Dec 2008) and Mr David Gordon (Feb 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Sceats | England | 49 years | Dec 2008 | - | Director |
| Mr David Gordon | 53 years | Feb 2015 | - | Director | |
| Mr James Wall | England | 36 years | May 2018 | - | Director |
| Ms Akta Raja | England | 46 years | Jan 2021 | - | Director |
| Mr Olu Olanrewaju | 57 years | Jan 2021 | - | Director | |
| Mrs Bianca Riemer | England | 44 years | Jun 2022 | - | Director |
| Mr Simon Williams | 61 years | Sep 2022 | - | Director | |
| Ms Hayley Butler | 41 years | Sep 2022 | - | Director | |
| Ms Pavitra Raja | 31 years | Sep 2022 | - | Director |
P&L
March 2023turnover
1.2m
-3%
operating profit
50.2k
0%
gross margin
40.6%
+1.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
5.4m
0%
total assets
6.9m
+0.09%
cash
392.1k
+1.24%
net assets
Total assets minus all liabilities
Similar Companies
business launchpad limited company details
company number
02110648
Type
Private Ltd By Guarantee w/o Share Cap
industry
96090 - Other personal service activities n.e.c.
incorporation date
March 1987
age
37
accounts
Group
ultimate parent company
previous names
wandsworth youth enterprise centre (April 2013)
incorporated
UK
address
trident business centre, 89 bickersteth road, london, SW17 9SH
last accounts submitted
March 2023
business launchpad 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 found 2 charges/mortgages relating to business launchpad limited. Currently there are 2 open charges and 0 have been satisfied in the past.
business launchpad limited Companies House Filings - See Documents
| date | description | view/download |
|---|
