the circle practice limited
the circle practice limited Company Information
Company Number
03942290
Next Accounts
83 days late
Shareholders
chris cummins
Group Structure
View All
Industry
Combined facilities support activities
Registered Address
127 ellesmere road, london, NW10 1LG
Website
www.thecirclepractice.co.ukthe circle practice limited Estimated Valuation
Pomanda estimates the enterprise value of THE CIRCLE PRACTICE LIMITED at £42.8k based on a Turnover of £144.2k and 0.3x industry multiple (adjusted for size and gross margin).
the circle practice limited Estimated Valuation
Pomanda estimates the enterprise value of THE CIRCLE PRACTICE LIMITED at £2.7k based on an EBITDA of £1k and a 2.65x industry multiple (adjusted for size and gross margin).
the circle practice limited Estimated Valuation
Pomanda estimates the enterprise value of THE CIRCLE PRACTICE LIMITED at £0 based on Net Assets of £-4.1k and 2.29x industry multiple (adjusted for liquidity).
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The Circle Practice Limited Overview
The Circle Practice Limited is a live company located in london, NW10 1LG with a Companies House number of 03942290. It operates in the combined facilities support activities sector, SIC Code 81100. Founded in March 2000, it's largest shareholder is chris cummins with a 100% stake. The Circle Practice Limited is a mature, micro sized company, Pomanda has estimated its turnover at £144.2k with rapid growth in recent years.
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The Circle Practice Limited Health Check
Pomanda's financial health check has awarded The Circle Practice Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £144.2k, make it smaller than the average company (£9.2m)
- The Circle Practice Limited
£9.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 56%, show it is growing at a faster rate (5%)
- The Circle Practice Limited
5% - Industry AVG
Production
with a gross margin of 10.5%, this company has a higher cost of product (18.5%)
- The Circle Practice Limited
18.5% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (3.7%)
- The Circle Practice Limited
3.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (180)
1 - The Circle Practice Limited
180 - Industry AVG
Pay Structure
on an average salary of £28.9k, the company has an equivalent pay structure (£28.9k)
- The Circle Practice Limited
£28.9k - Industry AVG
Efficiency
resulting in sales per employee of £144.2k, this is more efficient (£79.1k)
- The Circle Practice Limited
£79.1k - Industry AVG
Debtor Days
it gets paid by customers after 72 days, this is later than average (38 days)
- The Circle Practice Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 89 days, this is slower than average (20 days)
- The Circle Practice Limited
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Circle Practice Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - The Circle Practice Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 110.9%, this is a higher level of debt than the average (73.8%)
110.9% - The Circle Practice Limited
73.8% - Industry AVG
THE CIRCLE PRACTICE LIMITED financials
The Circle Practice Limited's latest turnover from March 2023 is estimated at £144.2 thousand and the company has net assets of -£4.1 thousand. According to their latest financial statements, The Circle Practice Limited has 1 employee and maintains cash reserves of 0 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 | 33,235 | |||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||||
| 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 | 523 | 1,046 | 95 | 190 | 1,771 | 2,998 | 2,565 | 1,547 | ||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 523 | 1,046 | 95 | 190 | 1,771 | 2,998 | 2,565 | 1,547 | ||||||
| Stock & work in progress | 580 | 550 | 600 | 1,500 | ||||||||||
| Trade Debtors | 28,748 | 17,875 | 31,376 | 12,044 | 6,638 | 16,842 | 27,693 | 12,962 | 5,557 | 3,687 | 4,042 | 5,444 | 3,545 | |
| Group Debtors | ||||||||||||||
| Misc Debtors | 8,868 | 4,775 | ||||||||||||
| Cash | 8,112 | 5,987 | 1,170 | 353 | 1,238 | 2,073 | 5,234 | |||||||
| misc current assets | ||||||||||||||
| total current assets | 37,616 | 22,650 | 31,376 | 12,044 | 6,638 | 16,842 | 27,693 | 21,074 | 12,124 | 5,407 | 4,995 | 1,238 | 9,017 | 8,779 |
| total assets | 37,616 | 22,650 | 31,899 | 13,090 | 6,638 | 16,842 | 27,693 | 21,074 | 12,219 | 5,597 | 6,766 | 4,236 | 11,582 | 10,326 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 31,640 | 14,794 | 6,729 | 2,588 | 4,300 | 5,659 | 8,113 | 4,344 | 3,590 | 3,410 | 5,225 | 4,736 | 10,005 | 9,331 |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | ||||||||||||||
| total current liabilities | 31,640 | 14,794 | 6,729 | 2,588 | 4,300 | 5,659 | 8,113 | 4,344 | 3,590 | 3,410 | 5,225 | 4,736 | 10,005 | 9,331 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | 650 | 650 | 650 | 650 | 650 | 868 | 868 | |||||||
| other liabilities | 9,426 | 12,147 | 14,000 | |||||||||||
| provisions | ||||||||||||||
| total long term liabilities | 10,076 | 12,797 | 14,650 | 650 | 650 | 868 | 868 | |||||||
| total liabilities | 41,716 | 27,591 | 21,379 | 3,238 | 4,950 | 6,527 | 8,981 | 4,344 | 3,590 | 3,410 | 5,225 | 4,736 | 10,005 | 9,331 |
| net assets | -4,100 | -4,941 | 10,520 | 9,852 | 1,688 | 10,315 | 18,712 | 16,730 | 8,629 | 2,187 | 1,541 | -500 | 1,577 | 995 |
| total shareholders funds | -4,100 | -4,941 | 10,520 | 9,852 | 1,688 | 10,315 | 18,712 | 16,730 | 8,629 | 2,187 | 1,541 | -500 | 1,577 | 995 |
| 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 | 95 | 95 | 1,581 | 1,607 | 1,510 | 1,025 | 515 | |||||||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | -580 | 30 | -50 | 600 | -1,500 | 1,500 | ||||||||
| Debtors | 14,966 | -8,726 | 19,332 | 5,406 | -10,204 | -10,851 | 14,731 | 7,405 | 1,870 | -355 | 4,042 | -5,444 | 1,899 | 3,545 |
| Creditors | 16,846 | 8,065 | 4,141 | -1,712 | -1,359 | -2,454 | 3,769 | 754 | 180 | -1,815 | 489 | -5,269 | 674 | 9,331 |
| Accruals and Deferred Income | -218 | 868 | ||||||||||||
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -2,721 | -1,853 | 14,000 | |||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -8,112 | 2,125 | 4,817 | 817 | -885 | -835 | -3,161 | 5,234 | ||||||
| overdraft | ||||||||||||||
| change in cash | -8,112 | 2,125 | 4,817 | 817 | -885 | -835 | -3,161 | 5,234 |
the circle practice limited Credit Report and Business Information
The Circle Practice Limited Competitor Analysis
Perform a competitor analysis for the circle practice limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in NW10 area or any other competitors across 12 key performance metrics.
the circle practice limited Ownership
THE CIRCLE PRACTICE LIMITED group structure
The Circle Practice Limited has no subsidiary companies.
Ultimate parent company
THE CIRCLE PRACTICE LIMITED
03942290
the circle practice limited directors
The Circle Practice Limited currently has 2 directors. The longest serving directors include Mr Chris Cummins (Oct 2000) and Mrs Janet Cummins (Apr 2003).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Chris Cummins | England | 56 years | Oct 2000 | - | Director |
| Mrs Janet Cummins | 82 years | Apr 2003 | - | Director |
P&L
March 2023turnover
144.2k
+75%
operating profit
1k
0%
gross margin
10.5%
+1.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-4.1k
-0.17%
total assets
37.6k
+0.66%
cash
0
0%
net assets
Total assets minus all liabilities
the circle practice limited company details
company number
03942290
Type
Private limited with Share Capital
industry
81100 - Combined facilities support activities
incorporation date
March 2000
age
25
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
127 ellesmere road, london, NW10 1LG
Bank
-
Legal Advisor
-
the circle practice 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 the circle practice limited.
the circle practice 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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the circle practice limited Companies House Filings - See Documents
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