the ultimate solution partnership limited
the ultimate solution partnership limited Company Information
Company Number
04224527
Next Accounts
Mar 2025
Industry
Renting and operating of Housing Association real estate
Development of building projects
Shareholders
stephen alan hobden
richard david smith
View AllGroup Structure
View All
Contact
Registered Address
birchin court 5th floor, 19-25 birchin lane, london, EC3V 9DU
Website
http://tusp.co.ukthe ultimate solution partnership limited Estimated Valuation
Pomanda estimates the enterprise value of THE ULTIMATE SOLUTION PARTNERSHIP LIMITED at £9.4m based on a Turnover of £4.2m and 2.21x industry multiple (adjusted for size and gross margin).
the ultimate solution partnership limited Estimated Valuation
Pomanda estimates the enterprise value of THE ULTIMATE SOLUTION PARTNERSHIP LIMITED at £0 based on an EBITDA of £-36.2k and a 5.85x industry multiple (adjusted for size and gross margin).
the ultimate solution partnership limited Estimated Valuation
Pomanda estimates the enterprise value of THE ULTIMATE SOLUTION PARTNERSHIP LIMITED at £128.5k based on Net Assets of £69.4k and 1.85x industry multiple (adjusted for liquidity).
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The Ultimate Solution Partnership Limited Overview
The Ultimate Solution Partnership Limited is a live company located in london, EC3V 9DU with a Companies House number of 04224527. It operates in the development of building projects sector, SIC Code 41100. Founded in May 2001, it's largest shareholder is stephen alan hobden with a 50% stake. The Ultimate Solution Partnership Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.2m with declining growth in recent years.
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The Ultimate Solution Partnership Limited Health Check
Pomanda's financial health check has awarded The Ultimate Solution Partnership Limited a 1.5 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
2 Strong
3 Regular
6 Weak
Size
annual sales of £4.2m, make it larger than the average company (£1.2m)
- The Ultimate Solution Partnership Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (3.7%)
- The Ultimate Solution Partnership Limited
3.7% - Industry AVG
Production
with a gross margin of 54.6%, this company has a comparable cost of product (54.6%)
- The Ultimate Solution Partnership Limited
54.6% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (15.2%)
- The Ultimate Solution Partnership Limited
15.2% - Industry AVG
Employees
with 27 employees, this is above the industry average (5)
27 - The Ultimate Solution Partnership Limited
5 - Industry AVG
Pay Structure
on an average salary of £41.7k, the company has an equivalent pay structure (£41.7k)
- The Ultimate Solution Partnership Limited
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £156.8k, this is less efficient (£187.8k)
- The Ultimate Solution Partnership Limited
£187.8k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is later than average (35 days)
- The Ultimate Solution Partnership Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is close to average (30 days)
- The Ultimate Solution Partnership Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Ultimate Solution Partnership Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (17 weeks)
6 weeks - The Ultimate Solution Partnership Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.6%, this is a higher level of debt than the average (66%)
94.6% - The Ultimate Solution Partnership Limited
66% - Industry AVG
THE ULTIMATE SOLUTION PARTNERSHIP LIMITED financials
The Ultimate Solution Partnership Limited's latest turnover from June 2023 is estimated at £4.2 million and the company has net assets of £69.4 thousand. According to their latest financial statements, The Ultimate Solution Partnership Limited has 27 employees and maintains cash reserves of £140.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 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 | |||||||||||||||
| Number Of Employees | 27 | 21 | 19 | 15 | 8 | 8 | 8 | 7 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 38,128 | 30,436 | 20,511 | 27,794 | 24,899 | 19,861 | 19,595 | 23,470 | 28,964 | 29,887 | 30,688 | 12,110 | 31,821 | 48,468 | 52,079 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 750 | 2,250 |
| 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 | 38,128 | 30,436 | 20,511 | 27,794 | 24,899 | 19,861 | 19,595 | 23,470 | 28,964 | 29,887 | 30,688 | 12,110 | 31,821 | 49,218 | 54,329 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 693,265 | 919,700 | 778,187 | 1,219,093 | 836,975 | 672,034 | 828,191 | 816,840 | 962,578 | 1,104,886 | 923,590 | 567,116 | 370,326 | 176,612 | 215,394 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 406,863 | 235,800 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 140,413 | 142,478 | 123,106 | 282,105 | 66,196 | 88,348 | 111,694 | 63,818 | 231,910 | 214,251 | 135,069 | 261,286 | 72,272 | 99,022 | 23,118 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,240,541 | 1,297,978 | 901,293 | 1,501,198 | 903,171 | 760,382 | 939,885 | 880,658 | 1,194,488 | 1,319,137 | 1,058,659 | 828,402 | 442,598 | 275,634 | 238,512 |
| total assets | 1,278,669 | 1,328,414 | 921,804 | 1,528,992 | 928,070 | 780,243 | 959,480 | 904,128 | 1,223,452 | 1,349,024 | 1,089,347 | 840,512 | 474,419 | 324,852 | 292,841 |
| 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 | 29,529 | 48,189 | 0 |
| Trade Creditors | 148,783 | 108,143 | 470,643 | 1,106,401 | 834,407 | 573,529 | 742,708 | 694,241 | 997,168 | 1,038,027 | 834,287 | 643,117 | 98,583 | 11,577 | 76,750 |
| Group/Directors Accounts | 194,737 | 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 | 856,996 | 1,111,457 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 276,613 | 226,085 | 200,433 |
| total current liabilities | 1,200,516 | 1,219,600 | 470,643 | 1,106,401 | 834,407 | 573,529 | 742,708 | 694,241 | 997,168 | 1,038,027 | 834,287 | 643,117 | 404,725 | 285,851 | 277,183 |
| 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 | 0 | 0 | 0 | 0 |
| provisions | 8,779 | 6,115 | 3,117 | 4,330 | 3,570 | 28,801 | 2,841 | 3,437 | 3,964 | 3,964 | 2,510 | 0 | 3,815 | 5,121 | 5,121 |
| total long term liabilities | 8,779 | 6,115 | 3,117 | 4,330 | 3,570 | 28,801 | 2,841 | 3,437 | 3,964 | 3,964 | 2,510 | 0 | 3,815 | 5,121 | 5,121 |
| total liabilities | 1,209,295 | 1,225,715 | 473,760 | 1,110,731 | 837,977 | 602,330 | 745,549 | 697,678 | 1,001,132 | 1,041,991 | 836,797 | 643,117 | 408,540 | 290,972 | 282,304 |
| net assets | 69,374 | 102,699 | 448,044 | 418,261 | 90,093 | 177,913 | 213,931 | 206,450 | 222,320 | 307,033 | 252,550 | 197,395 | 65,879 | 33,880 | 10,537 |
| total shareholders funds | 69,374 | 102,699 | 448,044 | 418,261 | 90,093 | 177,913 | 213,931 | 206,450 | 222,320 | 307,033 | 252,550 | 197,395 | 65,879 | 33,880 | 10,537 |
| Jun 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 4,240 | 5,180 | 6,658 | 5,558 | 4,646 | 4,176 | 4,955 | 5,694 | 6,814 | 6,429 | 3,209 | 6,480 | 7,596 | 10,434 | 10,567 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 750 | 1,500 | 1,500 |
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -55,372 | 377,313 | -440,906 | 382,118 | 164,941 | -156,157 | 11,351 | -145,738 | -142,308 | 181,296 | 356,474 | 196,790 | 193,714 | -38,782 | 215,394 |
| Creditors | 40,640 | -362,500 | -635,758 | 271,994 | 260,878 | -169,179 | 48,467 | -302,927 | -40,859 | 203,740 | 191,170 | 544,534 | 87,006 | -65,173 | 76,750 |
| Accruals and Deferred Income | -254,461 | 1,111,457 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -276,613 | 50,528 | 25,652 | 200,433 |
| Deferred Taxes & Provisions | 2,664 | 2,998 | -1,213 | 760 | -25,231 | 25,960 | -596 | -527 | 0 | 1,454 | 2,510 | -3,815 | -1,306 | 0 | 5,121 |
| 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 | -29,529 | -18,660 | 48,189 | 0 |
| Group/Directors Accounts | 194,737 | 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 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -2,065 | 19,372 | -158,999 | 215,909 | -22,152 | -23,346 | 47,876 | -168,092 | 17,659 | 79,182 | -126,217 | 189,014 | -26,750 | 75,904 | 23,118 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,065 | 19,372 | -158,999 | 215,909 | -22,152 | -23,346 | 47,876 | -168,092 | 17,659 | 79,182 | -126,217 | 189,014 | -26,750 | 75,904 | 23,118 |
the ultimate solution partnership limited Credit Report and Business Information
The Ultimate Solution Partnership Limited Competitor Analysis
Perform a competitor analysis for the ultimate solution partnership limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in EC3V area or any other competitors across 12 key performance metrics.
the ultimate solution partnership limited Ownership
THE ULTIMATE SOLUTION PARTNERSHIP LIMITED group structure
The Ultimate Solution Partnership Limited has no subsidiary companies.
Ultimate parent company
THE ULTIMATE SOLUTION PARTNERSHIP LIMITED
04224527
the ultimate solution partnership limited directors
The Ultimate Solution Partnership Limited currently has 4 directors. The longest serving directors include Mr Craig Mortensen (Apr 2023) and Mr Scott Power (Apr 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Craig Mortensen | United Kingdom | 63 years | Apr 2023 | - | Director |
| Mr Scott Power | United Kingdom | 50 years | Apr 2023 | - | Director |
| Mr Peter Anusas | United Kingdom | 56 years | Apr 2023 | - | Director |
| Mr Graeme Fenemore | United Kingdom | 51 years | Sep 2023 | - | Director |
P&L
June 2023turnover
4.2m
-4%
operating profit
-40.4k
0%
gross margin
54.6%
-1.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
69.4k
-0.32%
total assets
1.3m
-0.04%
cash
140.4k
-0.01%
net assets
Total assets minus all liabilities
Similar Companies
the ultimate solution partnership limited company details
company number
04224527
Type
Private limited with Share Capital
industry
68201 - Renting and operating of Housing Association real estate
41100 - Development of building projects
68100 - Buying and selling of own real estate
incorporation date
May 2001
age
24
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
June 2023
previous names
N/A
accountant
ZEDRA CORPORATE REPORTING SERVICES (UK) LIMITED
auditor
-
address
birchin court 5th floor, 19-25 birchin lane, london, EC3V 9DU
Bank
-
Legal Advisor
-
the ultimate solution partnership 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 3 charges/mortgages relating to the ultimate solution partnership limited. Currently there are 2 open charges and 1 have been satisfied in the past.
the ultimate solution partnership 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 ultimate solution partnership limited Companies House Filings - See Documents
| date | description | view/download |
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