essentially different limited Company Information
Company Number
04053947
Website
-Registered Address
springfield house, springfield road, horsham, west sussex, RH12 2RG
Industry
Business and domestic software development
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Directors
Joanna Connelly24 Years
Shareholders
joanna mary connelly 50.5%
matthew bate 49.5%
essentially different limited Estimated Valuation
Pomanda estimates the enterprise value of ESSENTIALLY DIFFERENT LIMITED at £194.6k based on a Turnover of £240.7k and 0.81x industry multiple (adjusted for size and gross margin).
essentially different limited Estimated Valuation
Pomanda estimates the enterprise value of ESSENTIALLY DIFFERENT LIMITED at £0 based on an EBITDA of £-29.6k and a 5.28x industry multiple (adjusted for size and gross margin).
essentially different limited Estimated Valuation
Pomanda estimates the enterprise value of ESSENTIALLY DIFFERENT LIMITED at £157.4k based on Net Assets of £416.3k and 0.38x industry multiple (adjusted for liquidity).
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Essentially Different Limited Overview
Essentially Different Limited is a live company located in horsham, RH12 2RG with a Companies House number of 04053947. It operates in the business and domestic software development sector, SIC Code 62012. Founded in August 2000, it's largest shareholder is joanna mary connelly with a 50.5% stake. Essentially Different Limited is a mature, micro sized company, Pomanda has estimated its turnover at £240.7k with healthy growth in recent years.
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Essentially Different Limited Health Check
Pomanda's financial health check has awarded Essentially Different Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
2 Strong
![positive_score](/assets/images/scoreRate1.png)
3 Regular
![positive_score](/assets/images/scoreRate0.png)
6 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £240.7k, make it smaller than the average company (£3.4m)
- Essentially Different Limited
£3.4m - Industry AVG
![growth](/assets/images/scoreRate1.png)
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (8.8%)
- Essentially Different Limited
8.8% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 70.9%, this company has a comparable cost of product (70.9%)
- Essentially Different Limited
70.9% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -12.4% make it less profitable than the average company (4%)
- Essentially Different Limited
4% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 2 employees, this is below the industry average (30)
2 - Essentially Different Limited
30 - Industry AVG
![paystructure](/assets/images/scoreRate2.png)
Pay Structure
on an average salary of £9.1k, the company has a lower pay structure (£66.7k)
£9.1k - Essentially Different Limited
£66.7k - Industry AVG
![efficiency](/assets/images/scoreRate1.png)
Efficiency
resulting in sales per employee of £120.3k, this is equally as efficient (£114k)
- Essentially Different Limited
£114k - Industry AVG
![debtordays](/assets/images/scoreRate-1.png)
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Essentially Different Limited
- - Industry AVG
![creditordays](/assets/images/scoreRate0.png)
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (40 days)
- Essentially Different Limited
40 days - Industry AVG
![stockdays](/assets/images/scoreRate0.png)
Stock Days
it holds stock equivalent to 2478 days, this is more than average (24 days)
- Essentially Different Limited
24 days - Industry AVG
![cashbalance](/assets/images/scoreRate0.png)
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (19 weeks)
0 weeks - Essentially Different Limited
19 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate2.png)
Debt Level
it has a ratio of liabilities to total assets of 12.8%, this is a lower level of debt than the average (60%)
12.8% - Essentially Different Limited
60% - Industry AVG
ESSENTIALLY DIFFERENT LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Essentially Different Limited's latest turnover from August 2023 is estimated at £240.7 thousand and the company has net assets of £416.3 thousand. According to their latest financial statements, Essentially Different Limited has 2 employees and maintains cash reserves of £13 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
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 | 18,200 | 0 | |||||||||||||
Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 199 | 1,078 | 2,633 | 1,900 | 2,565 | 1,976 | 2,512 | 3,771 | 5,610 | 5,727 | 1,005 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 25,833 | 35,833 | 45,833 | 55,833 | 65,833 | 75,833 | 85,833 | 97,917 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 0 | 199 | 1,078 | 28,466 | 37,733 | 48,398 | 57,809 | 68,345 | 79,604 | 91,443 | 103,644 | 1,005 | 0 | 0 | 0 |
Stock & work in progress | 475,000 | 475,000 | 522,031 | 522,031 | 522,031 | 531,359 | 522,299 | 508,379 | 832,632 | 823,084 | 465,096 | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 0 | 22,445 | 22,798 | 28,404 | 800 | 2,139 | 1,190 | 78,037 | 61,509 | 19,604 | 397 | 0 | 26 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 2,610 | 2,610 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 13 | 72 | 24 | 913 | 22,246 | 88,337 | 193,563 | 304,869 | 115,729 | 192,681 | 657,290 | 4,491 | 635 | 635 | 1,068 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 477,623 | 477,682 | 544,500 | 545,742 | 572,681 | 620,496 | 718,001 | 814,438 | 1,026,398 | 1,077,274 | 1,141,990 | 4,888 | 635 | 661 | 1,068 |
total assets | 477,623 | 477,881 | 545,578 | 574,208 | 610,414 | 668,894 | 775,810 | 882,783 | 1,106,002 | 1,168,717 | 1,245,634 | 5,893 | 635 | 661 | 1,068 |
Bank overdraft | 0 | 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 | 0 |
Trade Creditors | 1,160 | 1,980 | 1,800 | 84 | 0 | 0 | 0 | 0 | 87,462 | 39,840 | 9,982 | 35,594 | 4,316 | 4,316 | 4,149 |
Group/Directors Accounts | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 60,121 | 29,804 | 20,797 | 12,344 | 8,464 | 9,208 | 58,730 | 38,253 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 61,281 | 31,784 | 22,597 | 12,428 | 8,464 | 9,208 | 58,730 | 38,253 | 87,462 | 39,840 | 9,982 | 35,594 | 4,316 | 4,316 | 4,149 |
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 | 0 |
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 | 114,000 | 114,000 | 114,000 | 114,000 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 114,000 | 114,000 | 114,000 | 114,000 |
total liabilities | 61,281 | 31,784 | 22,597 | 12,428 | 8,464 | 9,208 | 58,730 | 38,253 | 87,462 | 39,840 | 9,982 | 149,594 | 118,316 | 118,316 | 118,149 |
net assets | 416,342 | 446,097 | 522,981 | 561,780 | 601,950 | 659,686 | 717,080 | 844,530 | 1,018,540 | 1,128,877 | 1,235,652 | -143,701 | -117,681 | -117,655 | -117,081 |
total shareholders funds | 416,342 | 446,097 | 522,981 | 561,780 | 601,950 | 659,686 | 717,080 | 844,530 | 1,018,540 | 1,128,877 | 1,235,652 | -143,701 | -117,681 | -117,655 | -117,081 |
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 199 | 879 | 1,555 | 1,656 | 1,660 | 1,419 | 16,682 | 2,953 | 3,295 | 2,914 | 777 | 92 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 12,084 | 2,083 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||||
Stock | 0 | -47,031 | 0 | 0 | -9,328 | 9,060 | 13,920 | -324,253 | 9,548 | 357,988 | 465,096 | 0 | 0 | 0 | 0 |
Debtors | 0 | -19,835 | -353 | -5,606 | 27,604 | -1,339 | 949 | -76,847 | 16,528 | 41,905 | 19,207 | 397 | -26 | 26 | 0 |
Creditors | -820 | 180 | 1,716 | 84 | 0 | 0 | 0 | -87,462 | 47,622 | 29,858 | -25,612 | 31,278 | 0 | 167 | 4,149 |
Accruals and Deferred Income | 30,317 | 9,007 | 8,453 | 3,880 | -744 | -49,522 | 20,477 | 38,253 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
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 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -114,000 | 0 | 0 | 0 | 114,000 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -59 | 48 | -889 | -21,333 | -66,091 | -105,226 | -111,306 | 189,140 | -76,952 | -464,609 | 652,799 | 3,856 | 0 | -433 | 1,068 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -59 | 48 | -889 | -21,333 | -66,091 | -105,226 | -111,306 | 189,140 | -76,952 | -464,609 | 652,799 | 3,856 | 0 | -433 | 1,068 |
essentially different limited Credit Report and Business Information
Essentially Different Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for essentially different limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in RH12 area or any other competitors across 12 key performance metrics.
essentially different limited Ownership
ESSENTIALLY DIFFERENT LIMITED group structure
Essentially Different Limited has no subsidiary companies.
Ultimate parent company
ESSENTIALLY DIFFERENT LIMITED
04053947
essentially different limited directors
Essentially Different Limited currently has 1 director, Ms Joanna Connelly serving since Aug 2000.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Joanna Connelly | United Kingdom | 63 years | Aug 2000 | - | Director |
P&L
August 2023turnover
240.7k
-9%
operating profit
-29.8k
0%
gross margin
71%
-4.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
416.3k
-0.07%
total assets
477.6k
0%
cash
13
-0.82%
net assets
Total assets minus all liabilities
essentially different limited company details
company number
04053947
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
August 2000
age
24
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
August 2023
address
springfield house, springfield road, horsham, west sussex, RH12 2RG
accountant
KRESTON REEVES LLP
auditor
-
essentially different 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 1 charges/mortgages relating to essentially different limited. Currently there are 0 open charges and 1 have been satisfied in the past.
![charges](/assets/images/company_charges.png)
essentially different limited Companies House Filings - See Documents
date | description | view/download |
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