commsresources limited
commsresources limited Company Information
Company Number
02630522
Website
www.commsresources.comRegistered Address
1450 parkway, solent business park, fareham, hampshire, PO15 7AF
Industry
Temporary employment agency activities
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
the comms group limited 100%
commsresources limited Estimated Valuation
Pomanda estimates the enterprise value of COMMSRESOURCES LIMITED at £25.6k based on a Turnover of £131k and 0.2x industry multiple (adjusted for size and gross margin).
commsresources limited Estimated Valuation
Pomanda estimates the enterprise value of COMMSRESOURCES LIMITED at £0 based on an EBITDA of £-44k and a 3.27x industry multiple (adjusted for size and gross margin).
commsresources limited Estimated Valuation
Pomanda estimates the enterprise value of COMMSRESOURCES LIMITED at £0 based on Net Assets of £0 and 0.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Commsresources Limited Overview
Commsresources Limited is a live company located in fareham, PO15 7AF with a Companies House number of 02630522. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in July 1991, it's largest shareholder is the comms group limited with a 100% stake. Commsresources Limited is a mature, micro sized company, Pomanda has estimated its turnover at £131k with healthy growth in recent years.
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Commsresources Limited Health Check
Pomanda's financial health check has awarded Commsresources Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £131k, make it smaller than the average company (£13.4m)
£131k - Commsresources Limited
£13.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (4.2%)
5% - Commsresources Limited
4.2% - Industry AVG
Production
with a gross margin of 25.2%, this company has a lower cost of product (17.8%)
25.2% - Commsresources Limited
17.8% - Industry AVG
Profitability
an operating margin of -33.6% make it less profitable than the average company (2.7%)
-33.6% - Commsresources Limited
2.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (50)
2 - Commsresources Limited
50 - Industry AVG
Pay Structure
on an average salary of £49.4k, the company has an equivalent pay structure (£49.4k)
- Commsresources Limited
£49.4k - Industry AVG
Efficiency
resulting in sales per employee of £65.5k, this is less efficient (£267.8k)
£65.5k - Commsresources Limited
£267.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Commsresources Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Commsresources Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Commsresources Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 52 weeks, this is more cash available to meet short term requirements (5 weeks)
52 weeks - Commsresources Limited
5 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 (74.4%)
100% - Commsresources Limited
74.4% - Industry AVG
COMMSRESOURCES LIMITED financials
Commsresources Limited's latest turnover from July 2023 is £131 thousand and the company has net assets of 0. According to their latest financial statements, Commsresources Limited has 2 employees and maintains cash reserves of £5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 131,000 | 105,000 | 116,000 | 114,000 | 370,000 | 8,703,000 | 10,940,000 | 15,380,000 | 13,096,000 | 20,283,000 | 20,605,000 | 26,371,000 | 27,877,000 | 15,383,000 | 15,912,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 98,000 | 95,000 | 106,000 | 101,000 | 294,000 | 7,445,000 | 9,046,000 | 12,389,000 | 10,604,000 | 16,124,000 | 16,087,000 | 20,988,000 | 21,629,000 | 12,378,000 | 12,799,000 |
| Gross Profit | 33,000 | 10,000 | 10,000 | 13,000 | 76,000 | 1,258,000 | 1,894,000 | 2,991,000 | 2,492,000 | 4,159,000 | 4,518,000 | 5,383,000 | 6,248,000 | 3,005,000 | 3,113,000 |
| Admin Expenses | 77,000 | 12,000 | -19,000 | 41,000 | 187,000 | 520,000 | 1,008,000 | 846,000 | 1,932,000 | 3,031,000 | 2,903,000 | 3,275,000 | 3,279,000 | 2,332,000 | 2,569,000 |
| Operating Profit | -44,000 | -2,000 | 29,000 | -28,000 | -111,000 | 738,000 | 886,000 | 2,145,000 | 560,000 | 1,128,000 | 1,615,000 | 2,108,000 | 2,969,000 | 673,000 | 544,000 |
| Interest Payable | 0 | 0 | 31,000 | 1,000 | 66,000 | 43,000 | 28,000 | 35,000 | 47,000 | 109,000 | 0 | 0 | 0 | 0 | 41,000 |
| Interest Receivable | 9,000 | 2,000 | 0 | 9,000 | 0 | 25,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -35,000 | 0 | -2,000 | -20,000 | -177,000 | 762,000 | 858,000 | 2,110,000 | 513,000 | 1,095,000 | 1,615,000 | 2,108,000 | 2,969,000 | 673,000 | 503,000 |
| Tax | -10,000 | 50,000 | -37,000 | 25,000 | 85,000 | -345,000 | -663,000 | -1,126,000 | -844,000 | -693,000 | -774,000 | -933,000 | -867,000 | -479,000 | -878,000 |
| Profit After Tax | -45,000 | 50,000 | -39,000 | 5,000 | -92,000 | 417,000 | 195,000 | 984,000 | -331,000 | 402,000 | 841,000 | 1,175,000 | 2,102,000 | 194,000 | -375,000 |
| Dividends Paid | 2,209,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -2,254,000 | 50,000 | -39,000 | 5,000 | -92,000 | 417,000 | 195,000 | 984,000 | -331,000 | 402,000 | 841,000 | 1,175,000 | 2,102,000 | 194,000 | -375,000 |
| Employee Costs | 0 | 151,000 | 258,000 | 815,000 | 968,000 | 844,000 | 1,431,000 | 1,535,000 | 1,590,000 | 1,746,000 | 790,000 | 714,000 | |||
| Number Of Employees | 2 | 2 | 2 | 2 | 4 | 10 | 20 | 12 | 20 | 23 | 23 | 22 | 22 | 13 | 12 |
| EBITDA* | -44,000 | -2,000 | 29,000 | -28,000 | -111,000 | 738,000 | 888,000 | 2,172,000 | 587,000 | 1,191,000 | 1,615,000 | 2,108,000 | 3,024,000 | 690,000 | 569,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 8,000 | 10,000 | 0 | 0 | 7,000 | 43,000 | 45,000 | 67,000 | 91,000 | 111,000 | 87,000 | 1,000 | 55,000 | 84,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 43,000 | 43,000 | 0 | 0 | 43,000 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 4,000 | 5,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 4,000 | 5,000 | 0 | 0 | 7,000 | 43,000 | 45,000 | 67,000 | 91,000 | 154,000 | 87,000 | 1,000 | 55,000 | 84,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 5,698,000 | 60,000 | 5,000 | 36,000 | 1,070,000 | 859,000 | 2,107,000 | 4,753,000 | 7,800,000 | 4,178,000 | 5,527,000 | 7,621,000 | 3,406,000 | 2,404,000 |
| Group Debtors | 0 | 0 | 5,622,000 | 5,638,000 | 5,283,000 | 6,257,000 | 5,294,000 | 4,085,000 | 2,755,000 | 2,758,000 | 2,332,000 | 2,584,000 | 720,000 | 0 | 1,571,000 |
| Misc Debtors | 0 | 0 | 9,000 | 42,000 | 106,000 | 891,000 | 1,430,000 | 1,164,000 | 2,043,000 | 2,202,000 | 2,104,000 | 1,957,000 | 2,988,000 | 1,472,000 | 821,000 |
| Cash | 5,000 | 539,000 | 544,000 | 571,000 | 1,880,000 | 1,592,000 | 1,820,000 | 344,000 | 183,000 | 159,000 | 537,000 | 129,000 | 83,000 | 206,000 | 283,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,000 | 6,238,000 | 6,236,000 | 6,256,000 | 7,305,000 | 9,810,000 | 9,403,000 | 7,700,000 | 9,734,000 | 12,919,000 | 9,151,000 | 10,197,000 | 11,412,000 | 5,084,000 | 5,079,000 |
| total assets | 5,000 | 6,242,000 | 6,241,000 | 6,256,000 | 7,305,000 | 9,817,000 | 9,446,000 | 7,745,000 | 9,801,000 | 13,010,000 | 9,305,000 | 10,284,000 | 11,413,000 | 5,139,000 | 5,163,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 1,743,000 | 1,562,000 | 58,000 | 2,599,000 | 5,477,000 | 0 | 3,483,000 | 4,857,000 | 2,435,000 | 2,356,000 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 6,000 | 0 | 0 | 0 | 0 | 0 | 0 | 85,000 | 148,000 | 309,000 | 24,000 | 136,000 | 289,000 | 845,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 821,000 | 0 | 93,000 | 1,045,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,602,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,000 | 40,000 |
| other current liabilities | 5,000 | 28,000 | 83,000 | 54,000 | 1,155,000 | 1,414,000 | 1,641,000 | 1,639,000 | 2,053,000 | 1,990,000 | 1,401,000 | 1,804,000 | 3,443,000 | 1,444,000 | 190,000 |
| total current liabilities | 5,000 | 34,000 | 83,000 | 54,000 | 1,155,000 | 3,157,000 | 3,203,000 | 1,697,000 | 4,737,000 | 7,615,000 | 4,312,000 | 6,132,000 | 8,436,000 | 4,264,000 | 4,476,000 |
| loans | 0 | 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 | 6,000 |
| Accruals and Deferred Income | 0 | 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 | 0 |
| provisions | 0 | 0 | 0 | 10,000 | 8,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 5,000 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,000 |
| total liabilities | 5,000 | 34,000 | 83,000 | 59,000 | 1,159,000 | 3,157,000 | 3,203,000 | 1,697,000 | 4,737,000 | 7,615,000 | 4,312,000 | 6,132,000 | 8,436,000 | 4,264,000 | 4,482,000 |
| net assets | 0 | 6,208,000 | 6,158,000 | 6,197,000 | 6,146,000 | 6,660,000 | 6,243,000 | 6,048,000 | 5,064,000 | 5,395,000 | 4,993,000 | 4,152,000 | 2,977,000 | 875,000 | 681,000 |
| total shareholders funds | 0 | 6,208,000 | 6,158,000 | 6,197,000 | 6,146,000 | 6,660,000 | 6,243,000 | 6,048,000 | 5,064,000 | 5,395,000 | 4,993,000 | 4,152,000 | 2,977,000 | 875,000 | 681,000 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -44,000 | -2,000 | 29,000 | -28,000 | -111,000 | 738,000 | 886,000 | 2,145,000 | 560,000 | 1,128,000 | 1,615,000 | 2,108,000 | 2,969,000 | 673,000 | 544,000 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | 27,000 | 27,000 | 63,000 | 0 | 0 | 55,000 | 17,000 | 25,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -10,000 | 50,000 | -37,000 | 25,000 | 85,000 | -345,000 | -663,000 | -1,126,000 | -844,000 | -693,000 | -774,000 | -933,000 | -867,000 | -479,000 | -878,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -5,702,000 | 6,000 | 11,000 | 260,000 | -2,793,000 | 635,000 | 227,000 | -2,195,000 | -3,209,000 | 4,146,000 | -1,454,000 | -1,261,000 | 6,451,000 | 82,000 | 4,796,000 |
| Creditors | -6,000 | 6,000 | 0 | 0 | 0 | 0 | 0 | -85,000 | -63,000 | -161,000 | 285,000 | -112,000 | -153,000 | -556,000 | 845,000 |
| Accruals and Deferred Income | -23,000 | -55,000 | 29,000 | -1,101,000 | -259,000 | -227,000 | 2,000 | -414,000 | 63,000 | 589,000 | -403,000 | -1,639,000 | 1,999,000 | 1,254,000 | 190,000 |
| Deferred Taxes & Provisions | 0 | 0 | -10,000 | 2,000 | 8,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 5,619,000 | -7,000 | 0 | -1,362,000 | 2,516,000 | -469,000 | 0 | 2,742,000 | 2,952,000 | -3,220,000 | 2,177,000 | 685,000 | -2,448,000 | 827,000 | -4,070,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | -138,000 | -86,000 | 0 | 11,000 | -2,000 | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -43,000 | 0 | 43,000 | 0 | -43,000 | 43,000 | 0 | 0 | 0 | 0 |
| cash flow from investments | -181,000 | -86,000 | 0 | 11,000 | -2,000 | ||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 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 | -821,000 | 821,000 | -93,000 | -952,000 | 1,045,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,602,000 | 2,602,000 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 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 | -3,000 | -43,000 | 46,000 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 9,000 | 2,000 | -31,000 | 8,000 | -66,000 | -18,000 | -28,000 | -35,000 | -47,000 | -109,000 | 0 | 0 | 0 | 0 | -41,000 |
| cash flow from financing | -3,945,000 | 2,000 | -31,000 | 54,000 | -488,000 | -18,000 | -28,000 | -35,000 | -47,000 | -2,711,000 | 1,781,000 | 821,000 | -96,000 | -995,000 | 2,106,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -534,000 | -5,000 | -27,000 | -1,309,000 | 288,000 | -228,000 | 1,476,000 | 161,000 | 24,000 | -378,000 | 408,000 | 46,000 | -123,000 | -77,000 | 283,000 |
| overdraft | 0 | 0 | 0 | 0 | -1,743,000 | 181,000 | 1,504,000 | -2,541,000 | -2,878,000 | 5,477,000 | -3,483,000 | -1,374,000 | 2,422,000 | 79,000 | 2,356,000 |
| change in cash | -534,000 | -5,000 | -27,000 | -1,309,000 | 2,031,000 | -409,000 | -28,000 | 2,702,000 | 2,902,000 | -5,855,000 | 3,891,000 | 1,420,000 | -2,545,000 | -156,000 | -2,073,000 |
commsresources limited Credit Report and Business Information
Commsresources Limited Competitor Analysis
Perform a competitor analysis for commsresources limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in PO15 area or any other competitors across 12 key performance metrics.
commsresources limited Ownership
COMMSRESOURCES LIMITED group structure
Commsresources Limited has no subsidiary companies.
Ultimate parent company
2 parents
COMMSRESOURCES LIMITED
02630522
commsresources limited directors
Commsresources Limited currently has 2 directors. The longest serving directors include Mr Oliver Whittaker (Apr 2022) and Mr Matthew Wragg (Apr 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Oliver Whittaker | 44 years | Apr 2022 | - | Director | |
| Mr Matthew Wragg | United Kingdom | 45 years | Apr 2022 | - | Director |
P&L
July 2023turnover
131k
+25%
operating profit
-44k
+2100%
gross margin
25.2%
+164.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
0
-1%
total assets
5k
-1%
cash
5k
-0.99%
net assets
Total assets minus all liabilities
commsresources limited company details
company number
02630522
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
July 1991
age
33
incorporated
UK
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
the comms group limited (January 2001)
comms resources limited (March 1994)
last accounts submitted
July 2023
address
1450 parkway, solent business park, fareham, hampshire, PO15 7AF
accountant
-
auditor
-
commsresources 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 17 charges/mortgages relating to commsresources limited. Currently there are 1 open charges and 16 have been satisfied in the past.
commsresources limited Companies House Filings - See Documents
| date | description | view/download |
|---|
