positive steps oldham
positive steps oldham Company Information
Company Number
02563094
Registered Address
medtia place union street, oldham, OL1 1DJ
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Telephone
01616219100
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
positive steps oldham Estimated Valuation
Pomanda estimates the enterprise value of POSITIVE STEPS OLDHAM at £1.2m based on a Turnover of £6.2m and 0.2x industry multiple (adjusted for size and gross margin).
positive steps oldham Estimated Valuation
Pomanda estimates the enterprise value of POSITIVE STEPS OLDHAM at £0 based on an EBITDA of £-112.7k and a 3.45x industry multiple (adjusted for size and gross margin).
positive steps oldham Estimated Valuation
Pomanda estimates the enterprise value of POSITIVE STEPS OLDHAM at £4m based on Net Assets of £2.6m and 1.56x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Positive Steps Oldham Overview
Positive Steps Oldham is a live company located in oldham, OL1 1DJ with a Companies House number of 02563094. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in November 1990, it's largest shareholder is unknown. Positive Steps Oldham is a mature, mid sized company, Pomanda has estimated its turnover at £6.2m with declining growth in recent years.
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Positive Steps Oldham Health Check
Pomanda's financial health check has awarded Positive Steps Oldham a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £6.2m, make it in line with the average company (£5.6m)
£6.2m - Positive Steps Oldham
£5.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (3.8%)
-2% - Positive Steps Oldham
3.8% - Industry AVG
Production
with a gross margin of 25.3%, this company has a comparable cost of product (25.3%)
25.3% - Positive Steps Oldham
25.3% - Industry AVG
Profitability
an operating margin of -4.6% make it less profitable than the average company (4.6%)
-4.6% - Positive Steps Oldham
4.6% - Industry AVG
Employees
with 128 employees, this is above the industry average (31)
128 - Positive Steps Oldham
31 - Industry AVG
Pay Structure
on an average salary of £34k, the company has a lower pay structure (£47.7k)
£34k - Positive Steps Oldham
£47.7k - Industry AVG
Efficiency
resulting in sales per employee of £48.5k, this is less efficient (£147.1k)
£48.5k - Positive Steps Oldham
£147.1k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is near the average (47 days)
51 days - Positive Steps Oldham
47 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is slower than average (8 days)
13 days - Positive Steps Oldham
8 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Positive Steps Oldham
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 98 weeks, this is more cash available to meet short term requirements (15 weeks)
98 weeks - Positive Steps Oldham
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.7%, this is a lower level of debt than the average (65.6%)
23.7% - Positive Steps Oldham
65.6% - Industry AVG
POSITIVE STEPS OLDHAM financials
Positive Steps Oldham's latest turnover from March 2023 is £6.2 million and the company has net assets of £2.6 million. According to their latest financial statements, Positive Steps Oldham has 128 employees and maintains cash reserves of £1.5 million 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 | 6,211,972 | 5,630,079 | 6,197,570 | 6,690,550 | 6,540,482 | 6,734,720 | 7,164,233 | 7,406,712 | 7,232,384 | 7,494,241 | 6,628,421 | 8,747,744 | 11,269,313 | 11,762,590 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -224,131 | -805,044 | -811,188 | -537,796 | -634,998 | -804,263 | -235,930 | -652,963 | -296,724 | -168,929 | 29,814 | 38,460 | 1,887,898 | 288,309 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -224,131 | -805,044 | -811,188 | -537,796 | -634,998 | -804,263 | -235,930 | -652,963 | -296,724 | -168,929 | 29,814 | 38,460 | 1,887,898 | 288,309 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -224,131 | -805,044 | -811,188 | -537,796 | -634,998 | -804,263 | -235,930 | -652,963 | -296,724 | -168,929 | 29,814 | 38,460 | 1,887,898 | 288,309 |
| Employee Costs | 4,348,126 | 4,011,080 | 5,128,321 | 4,847,253 | 5,292,797 | 5,516,231 | 5,536,421 | 6,295,729 | 5,943,418 | 6,322,418 | 5,137,180 | 5,208,980 | 5,147,363 | 6,852,266 |
| Number Of Employees | 128 | 130 | 148 | 161 | 166 | 172 | 180 | 194 | 191 | 204 | 177 | 189 | 230 | 227 |
| 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 | 757,227 | 775,810 | 953,962 | 226,190 | 268,737 | 310,227 | 316,677 | 366,426 | 246,074 | 383,446 | 386,832 | 301,478 | 246,362 | 327,827 |
| 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 | 282,000 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 757,227 | 775,810 | 953,962 | 226,190 | 268,737 | 310,227 | 316,677 | 366,426 | 246,074 | 383,446 | 386,832 | 301,478 | 528,362 | 327,827 |
| Stock & work in progress | 0 | 0 | 3,906 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 884,699 | 584,435 | 273,538 | 240,365 | 0 | 1,373 | 76,480 | 553,680 | 195,744 | 24,380 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 223,484 | 171,065 | 67,939 | 209,908 | 484,717 | 422,363 | 393,263 | 56,858 | 408,701 | 422,402 | 1,394,335 | 780,716 | 531,975 | 1,190,553 |
| Cash | 1,526,773 | 1,446,842 | 1,855,999 | 2,380,648 | 2,298,724 | 2,456,271 | 2,645,373 | 2,121,640 | 2,139,601 | 2,128,568 | 882,714 | 1,512,683 | 2,616,890 | 2,149,398 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,634,956 | 2,202,342 | 2,201,382 | 2,830,921 | 2,783,441 | 2,880,007 | 3,115,116 | 2,732,178 | 2,744,046 | 2,575,350 | 2,277,049 | 2,293,399 | 3,148,865 | 3,339,951 |
| total assets | 3,392,183 | 2,978,152 | 3,155,344 | 3,057,111 | 3,052,178 | 3,190,234 | 3,431,793 | 3,098,604 | 2,990,120 | 2,958,796 | 2,663,881 | 2,594,877 | 3,677,227 | 3,667,778 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 173,701 | 162,106 | 280,217 | 131,621 | 220,913 | 149,547 | 506,598 | 727,592 | 712,019 | 610,327 | 622,677 | 472,202 | 1,284,772 | 1,503,839 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 51,375 | 74,986 | 97,150 | 106,085 | 127,661 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 628,642 | 638,075 | 809,112 | 474,287 | 667,266 | 884,690 | 873,935 | 539,822 | 531,948 | 747,217 | 640,412 | 876,625 | 882,930 | 1,175,736 |
| total current liabilities | 802,343 | 800,181 | 1,089,329 | 605,908 | 888,179 | 1,034,237 | 1,380,533 | 1,267,414 | 1,243,967 | 1,408,919 | 1,338,075 | 1,445,977 | 2,273,787 | 2,807,236 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 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 | 0 | 6,930,000 | 13,201,000 | 6,217,000 | 10,471,000 | 8,139,000 | 8,239,000 | 4,333,000 | 7,497,000 | 4,009,000 | 3,522,000 | 1,865,000 | 0 | 5,432,000 |
| total liabilities | 802,343 | 7,730,181 | 14,290,329 | 6,822,908 | 11,359,179 | 9,173,237 | 9,619,533 | 5,600,414 | 8,740,967 | 5,417,919 | 4,860,075 | 3,310,977 | 2,273,787 | 8,239,236 |
| net assets | 2,589,840 | -4,752,029 | -11,134,985 | -3,765,797 | -8,307,001 | -5,983,003 | -6,187,740 | -2,501,810 | -5,750,847 | -2,459,123 | -2,196,194 | -716,100 | 1,403,440 | -4,571,458 |
| total shareholders funds | 2,589,840 | -4,752,029 | -11,134,985 | -3,765,797 | -8,307,001 | -5,983,003 | -6,187,740 | -2,501,810 | -5,750,847 | -2,459,123 | -2,196,194 | -716,100 | 1,403,440 | -4,571,458 |
| 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 | 174,654 | 184,574 | 165,810 | 92,557 | 92,557 | 89,238 | 78,284 | 71,030 | 55,164 | 60,005 | 50,376 | 106,198 | 97,940 | 112,059 |
| 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 | -3,906 | 3,906 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 352,683 | 414,023 | -108,796 | -34,444 | 60,981 | -46,007 | -140,795 | 6,093 | 157,663 | -947,553 | 613,619 | 248,741 | -658,578 | 1,190,553 |
| Creditors | 11,595 | -118,111 | 148,596 | -89,292 | 71,366 | -357,051 | -220,994 | 15,573 | 101,692 | -12,350 | 150,475 | -812,570 | -219,067 | 1,503,839 |
| Accruals and Deferred Income | -9,433 | -171,037 | 334,825 | -192,979 | -217,424 | 10,755 | 334,113 | 7,874 | -215,269 | 106,805 | -236,213 | -6,305 | -292,806 | 1,175,736 |
| 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 | -82,788 | -28,535 | -191,269 | 80,474 | -56,619 | -135,730 | -161,314 | -13,832 | -146,630 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -282,000 | 282,000 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -82,788 | -28,535 | -191,269 | 80,474 | -56,619 | -135,730 | 120,686 | -295,832 | -146,630 |
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -51,375 | -23,611 | -22,164 | -8,935 | -21,576 | 127,661 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| cash flow from financing | 7,566,000 | 7,188,000 | -6,558,000 | 5,079,000 | -1,689,000 | 1,009,000 | -3,450,000 | 3,902,000 | -3,046,375 | 4,065,424 | -4,732,106 | |||
| cash and cash equivalents | ||||||||||||||
| cash | 79,931 | -409,157 | -524,649 | 81,924 | -157,547 | -189,102 | 523,733 | -17,961 | 11,033 | 1,245,854 | -629,969 | -1,104,207 | 467,492 | 2,149,398 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 79,931 | -409,157 | -524,649 | 81,924 | -157,547 | -189,102 | 523,733 | -17,961 | 11,033 | 1,245,854 | -629,969 | -1,104,207 | 467,492 | 2,149,398 |
positive steps oldham Credit Report and Business Information
Positive Steps Oldham Competitor Analysis
Perform a competitor analysis for positive steps oldham by selecting its closest rivals and benchmarking them against 12 key performance metrics.
positive steps oldham Ownership
POSITIVE STEPS OLDHAM group structure
Positive Steps Oldham has 1 subsidiary company.
positive steps oldham directors
Positive Steps Oldham currently has 9 directors. The longest serving directors include Ms Hannah Roberts (Jul 2014) and Miss Joanne Forsdike (Sep 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Hannah Roberts | England | 67 years | Jul 2014 | - | Director |
| Miss Joanne Forsdike | England | 35 years | Sep 2016 | - | Director |
| Mrs Nicola Robinson | England | 48 years | Oct 2020 | - | Director |
| Mr Vinesh Mistry | England | 44 years | Aug 2022 | - | Director |
| Mezreet Rasul | United Kingdom | 47 years | Aug 2022 | - | Director |
| Dr Shaid Mushtaq | 44 years | Jul 2023 | - | Director | |
| Ms Umar Nasheen | England | 45 years | Jul 2023 | - | Director |
| Miss Holly Harrison | England | 40 years | Oct 2023 | - | Director |
| Ms Hayley Harewood | England | 39 years | Nov 2023 | - | Director |
P&L
March 2023turnover
6.2m
+10%
operating profit
-287.3k
0%
gross margin
25.3%
-0.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.6m
-1.54%
total assets
3.4m
+0.14%
cash
1.5m
+0.06%
net assets
Total assets minus all liabilities
positive steps oldham company details
company number
02563094
Type
Private Ltd By Guarantee w/o Share Cap
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
November 1990
age
34
accounts
Group
ultimate parent company
previous names
next steps oldham (December 2004)
oldham education, business and guidance services (October 2004)
See moreincorporated
UK
address
medtia place union street, oldham, OL1 1DJ
last accounts submitted
March 2023
positive steps oldham 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 positive steps oldham.
positive steps oldham Companies House Filings - See Documents
| date | description | view/download |
|---|
