sporting index limited

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sporting index limited Company Information

Share SPORTING INDEX LIMITED

Company Number

02636842

Directors

Simon Trim

David MacKenzie

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Shareholders

spreadex limited

Group Structure

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Industry

Gambling and betting activities

 

Registered Address

churchill house, upper marlborough road, st. albans, AL1 3UU

sporting index limited Estimated Valuation

£28.4m

Pomanda estimates the enterprise value of SPORTING INDEX LIMITED at £28.4m based on a Turnover of £18.5m and 1.53x industry multiple (adjusted for size and gross margin).

sporting index limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SPORTING INDEX LIMITED at £0 based on an EBITDA of £-15.9m and a 5.57x industry multiple (adjusted for size and gross margin).

sporting index limited Estimated Valuation

£33.2m

Pomanda estimates the enterprise value of SPORTING INDEX LIMITED at £33.2m based on Net Assets of £10.4m and 3.19x industry multiple (adjusted for liquidity).

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Sporting Index Limited Overview

Sporting Index Limited is a live company located in st. albans, AL1 3UU with a Companies House number of 02636842. It operates in the gambling and betting activities sector, SIC Code 92000. Founded in August 1991, it's largest shareholder is spreadex limited with a 100% stake. Sporting Index Limited is a mature, mid sized company, Pomanda has estimated its turnover at £18.5m with healthy growth in recent years.

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Sporting Index Limited Health Check

Pomanda's financial health check has awarded Sporting Index Limited 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

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £18.5m, make it larger than the average company (£12.1m)

£18.5m - Sporting Index Limited

£12.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a slower rate (16.3%)

9% - Sporting Index Limited

16.3% - Industry AVG

production

Production

with a gross margin of 80.4%, this company has a comparable cost of product (71.9%)

80.4% - Sporting Index Limited

71.9% - Industry AVG

profitability

Profitability

an operating margin of -93.1% make it less profitable than the average company (9.2%)

-93.1% - Sporting Index Limited

9.2% - Industry AVG

employees

Employees

with 135 employees, this is above the industry average (98)

135 - Sporting Index Limited

98 - Industry AVG

paystructure

Pay Structure

on an average salary of £25.7k, the company has an equivalent pay structure (£29.6k)

£25.7k - Sporting Index Limited

£29.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £137.4k, this is equally as efficient (£121.8k)

£137.4k - Sporting Index Limited

£121.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 20 days, this is later than average (2 days)

20 days - Sporting Index Limited

2 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 26 days, this is slower than average (22 days)

26 days - Sporting Index Limited

22 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sporting Index Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 117 weeks, this is more cash available to meet short term requirements (32 weeks)

117 weeks - Sporting Index Limited

32 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 24.7%, this is a lower level of debt than the average (51.4%)

24.7% - Sporting Index Limited

51.4% - Industry AVG

SPORTING INDEX LIMITED financials

EXPORTms excel logo

Sporting Index Limited's latest turnover from May 2024 is £18.5 million and the company has net assets of £10.4 million. According to their latest financial statements, Sporting Index Limited has 135 employees and maintains cash reserves of £7.8 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover18,544,1319,781,00014,323,00015,576,00017,951,00022,173,00013,438,00022,453,00017,640,00021,636,00018,937,00027,978,00023,977,00027,518,00021,762,000
Other Income Or Grants
Cost Of Sales3,639,7251,702,0002,118,0002,451,0002,648,0003,437,0002,084,0003,875,0002,167,0002,405,0002,532,0003,923,0002,596,0004,267,0002,588,000
Gross Profit14,904,4068,079,00012,205,00013,125,00015,303,00018,736,00011,354,00018,578,00015,473,00019,231,00016,405,00024,055,00021,381,00023,251,00019,174,000
Admin Expenses32,164,66416,175,00014,608,00014,833,00017,101,00013,278,0007,310,00012,675,00017,166,00017,248,00016,631,00015,368,00017,994,00014,702,00011,102,000
Operating Profit-17,260,258-8,096,000-2,403,000-1,708,000-1,798,0005,458,0004,044,0005,903,000-1,693,0001,983,000-226,0008,687,0003,387,0008,549,0008,072,000
Interest Payable229,076139,000102,00094,000119,000146,00068,00099,00098,00075,00074,00082,00085,00080,00078,000
Interest Receivable242,2991,0006,0007,00013,00017,00016,00037,00033,000
Pre-Tax Profit-17,247,035-8,235,000-2,505,000-1,802,000-1,917,0005,312,0003,976,0005,805,000-1,785,0001,915,000-287,0008,622,0003,318,0008,506,0008,027,000
Tax4,015,138-54,00034,0009,000-288,000-288,000138,000-148,000142,000495,000234,000-211,00032,000-70,000662,000
Profit After Tax-13,231,897-8,289,000-2,471,000-1,793,000-2,205,0005,024,0004,114,0005,657,000-1,643,0002,410,000-53,0008,411,0003,350,0008,436,0008,689,000
Dividends Paid8,414,00011,250,0002,000,0002,600,0004,780,000
Retained Profit-13,231,897-8,289,000-2,471,000-10,207,000-2,205,0005,024,0004,114,0005,657,000-1,643,0002,410,000-11,303,0006,411,0003,350,0005,836,0003,909,000
Employee Costs3,471,79916,005,00014,580,00012,618,00012,814,00013,925,0007,925,00013,354,00012,053,00012,997,00012,393,00011,549,00010,205,0008,602,0006,626,000
Number Of Employees135266268238233257264242223222216197178156126
EBITDA*-15,907,540-5,692,000-274,000249,000-401,0006,807,0004,899,0007,383,00029,0003,653,0001,610,00010,472,0005,549,00010,154,0009,234,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets373,000506,000688,0001,209,0001,361,0001,909,0001,090,000963,000822,0002,537,0003,365,0003,721,0003,476,0002,010,000
Intangible Assets1,231,0003,360,0002,533,0001,612,0001,089,0001,204,0001,330,0001,727,0001,600,000
Investments & Other
Debtors (Due After 1 year)4,595,714580,000667,000656,000647,000935,0001,223,0001,085,0001,233,0001,092,000
Total Fixed Assets4,595,7142,184,0004,533,0003,877,0003,468,0003,385,0004,336,0003,505,0003,923,0003,514,0002,537,0003,365,0003,721,0003,476,0002,010,000
Stock & work in progress
Trade Debtors1,043,0751,301,0001,523,0002,164,0003,297,0003,414,0004,084,0003,622,0003,212,0003,619,0003,438,0004,670,0003,828,0003,919,0003,510,000
Group Debtors17,769,00022,761,00024,497,00037,136,00038,925,00032,879,00029,342,00021,382,00022,215,00022,738,00035,491,00028,815,00025,509,00019,576,000
Misc Debtors466,1181,171,000946,0001,131,0001,421,0001,233,000947,0001,081,0001,047,0001,084,0001,595,0001,764,0001,867,0001,970,0001,810,000
Cash7,753,7737,591,0008,526,0008,873,0005,766,0005,602,0005,500,0006,548,0008,883,00011,348,0006,561,0005,666,0005,871,0007,261,0007,798,000
misc current assets
total current assets9,262,96627,832,00033,756,00036,665,00047,620,00049,174,00043,410,00040,593,00034,524,00038,266,00034,332,00047,591,00040,381,00038,659,00032,694,000
total assets13,858,68030,016,00038,289,00040,542,00051,088,00052,559,00047,746,00044,098,00038,447,00041,780,00036,869,00050,956,00044,102,00042,135,00034,704,000
Bank overdraft
Bank loan
Trade Creditors 261,0984,381,0004,128,0003,500,0003,650,0003,238,0003,195,0003,608,0003,665,0004,144,0003,347,0003,338,0003,822,0004,343,0004,024,000
Group/Directors Accounts1,691,995
other short term finances
hp & lease commitments62,00080,000131,000203,000203,000296,000
other current liabilities1,473,0261,969,0001,660,0001,988,0002,540,0002,035,0002,139,0002,494,0002,739,0003,950,0002,199,0004,992,0004,065,0004,927,0003,651,000
total current liabilities3,426,1196,350,0005,850,0005,568,0006,321,0005,476,0005,537,0006,398,0006,404,0008,094,0005,546,0008,330,0007,887,0009,270,0007,675,000
loans5,000,0005,000,0005,000,0005,000,0005,000,0005,000,0005,000,0005,000,0005,000,000
hp & lease commitments64,000134,000245,000395,000
Accruals and Deferred Income
other liabilities5,000,0005,000,0005,000,0005,000,0005,000,000
provisions484,000484,000
total long term liabilities5,000,0005,484,0005,548,0005,134,0005,245,0005,395,0005,000,0005,000,0005,000,0005,000,0005,000,0005,000,0005,000,0005,000,000
total liabilities3,426,11911,350,00011,334,00011,116,00011,455,00010,721,00010,932,00011,398,00011,404,00013,094,00010,546,00013,330,00012,887,00014,270,00012,675,000
net assets10,432,56118,666,00026,955,00029,426,00039,633,00041,838,00036,814,00032,700,00027,043,00028,686,00026,323,00037,626,00031,215,00027,865,00022,029,000
total shareholders funds10,432,56118,666,00026,955,00029,426,00039,633,00041,838,00036,814,00032,700,00027,043,00028,686,00026,323,00037,626,00031,215,00027,865,00022,029,000
May 2024Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit-17,260,258-8,096,000-2,403,000-1,708,000-1,798,0005,458,0004,044,0005,903,000-1,693,0001,983,000-226,0008,687,0003,387,0008,549,0008,072,000
Depreciation204,250376,000371,000792,000589,000486,000313,000362,000594,000586,0001,836,0001,785,0002,162,0001,605,0001,162,000
Amortisation1,148,4682,028,0001,758,0001,165,000808,000863,000542,0001,118,0001,128,0001,084,000
Tax4,015,138-54,00034,0009,000-288,000-288,000138,000-148,000142,000495,000234,000-211,00032,000-70,000662,000
Stock
Debtors6,104,907-5,076,000-2,551,000-14,053,000-2,006,0005,374,00012,259,0008,256,000-1,136,000239,000-14,154,0007,415,0003,112,0006,502,00024,896,000
Creditors261,098253,000628,000-150,000412,00043,000-470,000-57,000-479,000797,0009,000-484,000-521,000319,0004,024,000
Accruals and Deferred Income1,473,026309,000-328,000-552,000505,000-104,000-600,000-245,000-1,211,0001,751,000-2,793,000927,000-862,0001,276,0003,651,000
Deferred Taxes & Provisions-484,000484,000
Cash flow from operations-16,263,185-592,0002,611,00014,093,0002,234,0001,084,000-8,292,000-1,323,000-383,0006,457,00013,214,0003,289,0001,086,0005,177,000-7,325,000
Investing Activities
capital expenditure-1,352,718-142,000-2,774,000-2,357,000-1,768,000-686,000-1,278,000-1,210,000-1,990,000-1,555,000-1,008,000-1,429,000-2,407,000-3,071,000-3,172,000
Change in Investments
cash flow from investments-1,352,718-142,000-2,774,000-2,357,000-1,768,000-686,000-1,278,000-1,210,000-1,990,000-1,555,000-1,008,000-1,429,000-2,407,000-3,071,000-3,172,000
Financing Activities
Bank loans
Group/Directors Accounts1,691,995
Other Short Term Loans
Long term loans5,000,000-5,000,0005,000,000
Hire Purchase and Lease Commitments-62,000-82,000-121,000-183,000-150,000598,000296,000
other long term liabilities-5,000,0005,000,000
share issue23,664,4585,657,000-47,00018,120,000
interest13,223-139,000-102,000-94,000-119,000-146,000-68,000-98,000-92,000-68,000-61,000-65,000-69,000-43,000-45,000
cash flow from financing25,369,676-201,000-184,000-215,000-302,000-296,0006,187,000198,000-92,000-115,000-61,000-65,000-69,000-43,00023,075,000
cash and cash equivalents
cash7,753,773-935,000-347,0003,107,000164,000102,000-3,383,000-2,335,000-2,465,0004,787,000895,000-205,000-1,390,000-537,0007,798,000
overdraft
change in cash7,753,773-935,000-347,0003,107,000164,000102,000-3,383,000-2,335,000-2,465,0004,787,000895,000-205,000-1,390,000-537,0007,798,000

sporting index limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Sporting Index Limited Competitor Analysis

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Perform a competitor analysis for sporting index limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mid companies, companies in AL1 area or any other competitors across 12 key performance metrics.

sporting index limited Ownership

SPORTING INDEX LIMITED group structure

Sporting Index Limited has no subsidiary companies.

Ultimate parent company

2 parents

SPORTING INDEX LIMITED

02636842

SPORTING INDEX LIMITED Shareholders

spreadex limited 100%

sporting index limited directors

Sporting Index Limited currently has 4 directors. The longest serving directors include Mr Simon Trim (Sep 2006) and Mr David MacKenzie (Nov 2023).

officercountryagestartendrole
Mr Simon Trim55 years Sep 2006- Director
Mr David MacKenzieEngland45 years Nov 2023- Director
Mr Allan MorleyEngland46 years Nov 2023- Director
Mr James HallanEngland41 years Nov 2023- Director

P&L

May 2024

turnover

18.5m

0%

operating profit

-17.3m

0%

gross margin

80.4%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

May 2024

net assets

10.4m

0%

total assets

13.9m

0%

cash

7.8m

0%

net assets

Total assets minus all liabilities

sporting index limited company details

company number

02636842

Type

Private limited with Share Capital

industry

92000 - Gambling and betting activities

incorporation date

August 1991

age

34

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

May 2024

previous names

degreepower limited (November 1991)

accountant

-

auditor

HILLIER HOPKINS LLP

address

churchill house, upper marlborough road, st. albans, AL1 3UU

Bank

-

Legal Advisor

-

sporting index 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 6 charges/mortgages relating to sporting index limited. Currently there are 0 open charges and 6 have been satisfied in the past.

sporting index limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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sporting index limited Companies House Filings - See Documents

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