simply solutions (europe) limited

3.5

simply solutions (europe) limited Company Information

Share SIMPLY SOLUTIONS (EUROPE) LIMITED
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Company Number

03633513

Registered Address

rwk goodman llp 69 carter lane, london, EC4V 5EQ

Industry

Combined facilities support activities

 

Telephone

08452001999

Next Accounts Due

February 2025

Group Structure

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Directors

Kerr Wilson12 Years

Shareholders

infinity group (scotland) ltd 100%

simply solutions (europe) limited Estimated Valuation

£1m - £3.4m

The estimated valuation range for simply solutions (europe) limited, derived from financial data as of May 2023 and the most recent industry multiples, is between £1m to £3.4m

simply solutions (europe) limited Estimated Valuation

£1m - £3.4m

The estimated valuation range for simply solutions (europe) limited, derived from financial data as of May 2023 and the most recent industry multiples, is between £1m to £3.4m

simply solutions (europe) limited Estimated Valuation

£1m - £3.4m

The estimated valuation range for simply solutions (europe) limited, derived from financial data as of May 2023 and the most recent industry multiples, is between £1m to £3.4m

Get a detailed valuation report, edit figures and unlock valuation multiples.

Simply Solutions (europe) Limited AI Business Plan

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Simply Solutions (europe) Limited Overview

Simply Solutions (europe) Limited is a live company located in london, EC4V 5EQ with a Companies House number of 03633513. It operates in the combined facilities support activities sector, SIC Code 81100. Founded in September 1998, it's largest shareholder is infinity group (scotland) ltd with a 100% stake. Simply Solutions (europe) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.5m with healthy growth in recent years.

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Simply Solutions (europe) Limited Health Check

Pomanda's financial health check has awarded Simply Solutions (Europe) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £7.5m, make it in line with the average company (£9.2m)

£7.5m - Simply Solutions (europe) Limited

£9.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (5%)

10% - Simply Solutions (europe) Limited

5% - Industry AVG

production

Production

with a gross margin of 18.5%, this company has a comparable cost of product (18.5%)

18.5% - Simply Solutions (europe) Limited

18.5% - Industry AVG

profitability

Profitability

an operating margin of 3% make it less profitable than the average company (3.8%)

3% - Simply Solutions (europe) Limited

3.8% - Industry AVG

employees

Employees

with 19 employees, this is below the industry average (180)

19 - Simply Solutions (europe) Limited

180 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.8k, the company has an equivalent pay structure (£30.8k)

£30.8k - Simply Solutions (europe) Limited

£30.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £392.6k, this is more efficient (£83.4k)

£392.6k - Simply Solutions (europe) Limited

£83.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 49 days, this is later than average (38 days)

49 days - Simply Solutions (europe) Limited

38 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 45 days, this is slower than average (21 days)

45 days - Simply Solutions (europe) Limited

21 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (3 days)

0 days - Simply Solutions (europe) Limited

3 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (23 weeks)

5 weeks - Simply Solutions (europe) Limited

23 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 82.8%, this is a higher level of debt than the average (72.6%)

82.8% - Simply Solutions (europe) Limited

72.6% - Industry AVG

simply solutions (europe) 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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Simply Solutions (europe) Limited Competitor Analysis

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Perform a competitor analysis for simply solutions (europe) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

simply solutions (europe) limited Ownership

SIMPLY SOLUTIONS (EUROPE) LIMITED group structure

Simply Solutions (Europe) Limited has no subsidiary companies.

Ultimate parent company

1 parent

SIMPLY SOLUTIONS (EUROPE) LIMITED

03633513

SIMPLY SOLUTIONS (EUROPE) LIMITED Shareholders

infinity group (scotland) ltd 100%

simply solutions (europe) limited directors

Simply Solutions (Europe) Limited currently has 1 director, Mr Kerr Wilson serving since Aug 2011.

officercountryagestartendrole
Mr Kerr WilsonEngland46 years Aug 2011- Director

SIMPLY SOLUTIONS (EUROPE) LIMITED financials

EXPORTms excel logo

Simply Solutions (Europe) Limited's latest turnover from May 2023 is estimated at £7.5 million and the company has net assets of £507.2 thousand. According to their latest financial statements, Simply Solutions (Europe) Limited has 19 employees and maintains cash reserves of £236.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2023May 2022Nov 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover7,459,8846,477,7335,600,2176,850,2607,480,1587,139,2298,393,1076,534,61013,508,0487,835,2078,953,7631,691,84540,7550
Other Income Or Grants00000000000000
Cost Of Sales6,076,9075,285,3354,580,5835,474,1855,904,0165,581,1866,507,6425,087,79810,478,1295,921,6646,787,5661,293,52530,7470
Gross Profit1,382,9771,192,3991,019,6341,376,0741,576,1411,558,0431,885,4651,446,8123,029,9191,913,5442,166,197398,31910,0070
Admin Expenses1,162,258687,001906,1771,361,9131,526,7211,503,8871,832,9291,361,5162,972,9711,918,5822,162,059401,95310,002-7,005
Operating Profit220,719505,398113,45714,16149,42054,15652,53685,29656,948-5,0384,138-3,63457,005
Interest Payable75,45024,12221,23817,86320,26222,98021,5918,758000000
Interest Receivable9,9291,0243282,4262,6661,3907382,1912,0541,3256703110
Pre-Tax Profit155,197482,30092,547-1,27531,82532,56531,68378,72959,003-3,7134,808-3,60367,006
Tax-38,799-91,637-17,5840-6,047-6,187-6,336-15,746-12,3910-1,1540-2-1,962
Profit After Tax116,398390,66374,963-1,27525,77826,37825,34662,98346,612-3,7133,654-3,60345,044
Dividends Paid00000000000000
Retained Profit116,398390,66374,963-1,27525,77826,37825,34662,98346,612-3,7133,654-3,60345,044
Employee Costs584,993431,405513,234647,696595,886520,252484,354424,9226,151,5803,129,8753,474,270680,10925,4360
Number Of Employees19161923211917152331241452810
EBITDA*266,322569,196153,72361,48792,59788,93391,894132,41789,74910,12818,548-1,27257,005

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2023May 2022Nov 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets232,688105,192153,661180,226208,253193,465179,069211,715206,99923,62622,74018,75900
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets232,688105,192153,661180,226208,253193,465179,069211,715206,99923,62622,74018,75900
Stock & work in progress9,8275,3270000000005,86600
Trade Debtors1,005,714949,265476,793660,958796,0451,060,0131,023,535699,3921,133,478710,625948,753203,3775,0005,000
Group Debtors00291,327335,322441,061000000000
Misc Debtors1,457,4631,074,009434,748345,611402,793514,8931,006,458789,539000000
Cash236,411204,879425,436230,248416,780294,201261,741328,614547,666274,081255,85112,169148167
misc current assets00000000000000
total current assets2,709,4152,233,4801,628,3041,572,1392,056,6791,869,1072,291,7341,817,5451,681,144984,7061,204,604221,4125,1485,167
total assets2,942,1032,338,6721,781,9651,752,3652,264,9322,062,5722,470,8032,029,2601,888,1431,008,3321,227,344240,1715,1485,167
Bank overdraft00235,932214,554314,714285,638421,443269,477000000
Bank loan647,563538,830000000000000
Trade Creditors 763,945716,057738,208896,3661,011,035961,5041,263,4621,062,7861,804,5731,006,8461,222,145238,626023
Group/Directors Accounts119,58510,997000000000000
other short term finances00000000000000
hp & lease commitments23,977012,39711,99511,833000000000
other current liabilities630,663507,101264,369409,976690,492622,732621,492546,812000000
total current liabilities2,185,7331,772,9851,250,9061,532,8912,028,0741,869,8742,306,3971,879,0751,804,5731,006,8461,222,145238,626023
loans100,378150,378245,83300000000000
hp & lease commitments94,538008,27119,722000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions54,29324,54622,95523,89528,55329,89327,97939,10435,47200000
total long term liabilities249,209174,924268,78832,16648,27529,89327,97939,10435,47200000
total liabilities2,434,9421,947,9091,519,6941,565,0572,076,3491,899,7672,334,3761,918,1791,840,0451,006,8461,222,145238,626023
net assets507,161390,763262,271187,308188,583162,805136,427111,08148,0981,4865,1991,5455,1485,144
total shareholders funds507,161390,763262,271187,308188,583162,805136,427111,08148,0981,4865,1991,5455,1485,144
May 2023May 2022Nov 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit220,719505,398113,45714,16149,42054,15652,53685,29656,948-5,0384,138-3,63457,005
Depreciation45,60363,79840,26647,32643,17734,77739,35847,12132,80115,16614,4102,36200
Amortisation00000000000000
Tax-38,799-91,637-17,5840-6,047-6,187-6,336-15,746-12,3910-1,1540-2-1,962
Stock4,5005,32700000000-5,8665,86600
Debtors439,9032,023,274-139,023-298,00864,993-455,087541,062355,453422,853-238,128745,376198,37705,000
Creditors47,888716,057-158,158-114,66949,531-301,958200,676-741,787797,727-215,299983,519238,626-2323
Accruals and Deferred Income123,562507,101-145,607-280,51667,7601,24074,680546,812000000
Deferred Taxes & Provisions29,74724,546-940-4,658-1,3401,914-11,1253,63235,47200000
Cash flow from operations-15,683-303,338-29,543-40,348137,508239,029-191,273-430,125487,70432,957261,40333,111-2066
Investing Activities
capital expenditure-173,099-168,990-13,701-19,299-57,965-49,173-6,712-51,837-216,174-16,052-18,391-21,12100
Change in Investments00000000000000
cash flow from investments-173,099-168,990-13,701-19,299-57,965-49,173-6,712-51,837-216,174-16,052-18,391-21,12100
Financing Activities
Bank loans108,733538,830000000000000
Group/Directors Accounts108,58810,997000000000000
Other Short Term Loans 00000000000000
Long term loans-50,000150,378245,83300000000000
Hire Purchase and Lease Commitments118,5150-7,869-11,28931,555000000000
other long term liabilities00000000000000
share issue010000000000000100
interest-65,521-23,098-20,910-15,437-17,596-21,590-20,853-6,5672,0541,3256703110
cash flow from financing220,315677,207217,054-26,72613,959-21,590-20,853-6,5672,0541,325670311100
cash and cash equivalents
cash31,532204,879195,188-186,532122,57932,460-66,873-219,052273,58518,230243,68212,021-19167
overdraft0021,378-100,16029,076-135,805151,966269,477000000
change in cash31,532204,879173,810-86,37293,503168,265-218,839-488,529273,58518,230243,68212,021-19167

P&L

May 2023

turnover

7.5m

+15%

operating profit

220.7k

0%

gross margin

18.6%

+0.71%

turnover

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

Balance Sheet

May 2023

net assets

507.2k

+0.3%

total assets

2.9m

+0.26%

cash

236.4k

+0.15%

net assets

Total assets minus all liabilities

simply solutions (europe) limited company details

company number

03633513

Type

Private limited with Share Capital

industry

81100 - Combined facilities support activities

incorporation date

September 1998

age

26

accounts

Total Exemption Full

previous names

retail property maintenance limited (July 2011)

incorporated

UK

address

rwk goodman llp 69 carter lane, london, EC4V 5EQ

last accounts submitted

May 2023

simply solutions (europe) 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 did not find charges/mortgages relating to simply solutions (europe) limited.

charges

simply solutions (europe) limited Companies House Filings - See Documents

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