Pomanda estimates the enterprise value of FIRST STEPS (LONDON) LIMITED at £696k based on a Turnover of £744k and 0.94x industry multiple (adjusted for size and gross margin).
first steps (london) limitedEstimated Valuation
£173k
Pomanda estimates the enterprise value of FIRST STEPS (LONDON) LIMITED at £173k based on an EBITDA of £35.4k and a 4.88x industry multiple (adjusted for size and gross margin).
first steps (london) limitedEstimated Valuation
£143.1k
Pomanda estimates the enterprise value of FIRST STEPS (LONDON) LIMITED at £143.1k based on Net Assets of £46.8k and 3.06x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
First Steps (london) LimitedOverview
First Steps (london) Limited is a live company located in stanmore, HA7 3HD with a Companies House number of 04655822. It operates in the pre-primary education sector, SIC Code 85100. Founded in February 2003, it's largest shareholder is
tradetower ltd
with a 100% stake. First Steps (london) Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£744k with
declining
growth in recent years.
Pomanda's financial health check has awarded First Steps (London) Limited a 2 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 Rating2out of 5
2 Strong
3 Regular
6 Weak
Size
annual sales of £744k, make it smaller than the average company (£1.3m)
£744k - First Steps (london) Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (5%)
-4% - First Steps (london) Limited
5% - Industry AVG
Production
with a gross margin of 45.5%, this company has a comparable cost of product (45.5%)
45.5% - First Steps (london) Limited
45.5% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (5.6%)
0% - First Steps (london) Limited
5.6% - Industry AVG
Employees
with 21 employees, this is below the industry average (51)
21 - First Steps (london) Limited
51 - Industry AVG
Pay Structure
on an average salary of £26.5k, the company has an equivalent pay structure (£26.5k)
£26.5k - First Steps (london) Limited
£26.5k - Industry AVG
Efficiency
resulting in sales per employee of £35.4k, this is equally as efficient (£36k)
£35.4k - First Steps (london) Limited
£36k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (3 days)
0 days - First Steps (london) Limited
3 days - Industry AVG
Creditor Days
its suppliers are paid after 133 days, this is slower than average (15 days)
133 days - First Steps (london) Limited
15 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - First Steps (london) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (105 weeks)
1 weeks - First Steps (london) Limited
105 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.8%, this is a higher level of debt than the average (16.7%)
97.8% - First Steps (london) Limited
16.7% - Industry AVG
FIRST STEPS (LONDON) LIMITED financials
EXPORT
First Steps (London) Limited's latest turnover from August 2023 is estimated at £744 thousand and the company has net assets of £46.8 thousand. According to their latest financial statements, First Steps (London) Limited has 21 employees and maintains cash reserves of £39.2 thousand 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
Apr 2015
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
743,962
775,819
976,976
835,776
1,452,493
1,311,038
859,073
1,137,388
675,281
644,119
1,520,000
1,605,886
1,860,914
1,808,824
2,261,575
Other Income Or Grants
Cost Of Sales
405,468
411,405
573,174
440,577
775,200
691,908
452,690
593,595
335,439
319,386
730,775
776,702
964,804
1,002,262
1,336,582
Gross Profit
338,495
364,414
403,802
395,200
677,293
619,130
406,383
543,792
339,842
324,732
789,225
829,184
896,110
806,563
924,993
Admin Expenses
338,283
347,897
194,258
640,645
784,430
433,286
410,638
321,103
248,859
233,744
767,267
855,151
852,363
854,743
1,082,324
Operating Profit
212
16,517
209,544
-245,445
-107,137
185,844
-4,255
222,689
90,983
90,988
21,958
-25,967
43,747
-48,180
-157,331
Interest Payable
Interest Receivable
1,499
298
14
12
57
26
102
115
63
63
28
11
104
122
28
Pre-Tax Profit
1,711
16,815
209,558
-245,433
-107,080
185,870
-4,153
222,804
91,046
91,051
21,986
-25,956
43,851
-48,058
-157,303
Tax
-428
-3,195
-39,816
-35,315
-44,561
-19,120
-19,121
-5,057
-11,401
Profit After Tax
1,283
13,620
169,742
-245,433
-107,080
150,555
-4,153
178,243
71,926
71,930
16,929
-25,956
32,450
-48,058
-157,303
Dividends Paid
Retained Profit
1,283
13,620
169,742
-245,433
-107,080
150,555
-4,153
178,243
71,926
71,930
16,929
-25,956
32,450
-48,058
-157,303
Employee Costs
555,638
598,194
513,907
495,729
488,413
474,174
458,590
366,585
443,388
440,231
1,009,519
1,025,837
1,160,556
1,145,586
1,422,794
Number Of Employees
21
23
20
20
20
20
20
16
20
23
55
57
70
69
74
EBITDA*
35,440
61,385
221,825
-181,868
-27,084
219,063
14,185
225,106
90,983
92,694
24,233
-22,933
47,792
-41,453
-149,695
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Apr 2015
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
1,804,656
1,442,524
1,043,822
614,440
395,112
67,212
37,571
38,790
5,120
5,120
6,826
9,101
12,136
16,181
22,908
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,804,656
1,442,524
1,043,822
614,440
395,112
67,212
37,571
38,790
5,120
5,120
6,826
9,101
12,136
16,181
22,908
Stock & work in progress
Trade Debtors
952
8,536
14,248
12,108
38,435
37,075
21,474
37,826
5,780
5,780
32,674
32,674
35,674
Group Debtors
572,197
413,588
67,700
Misc Debtors
292,390
391,173
222,433
199,377
566,774
334,630
161,723
76,352
Cash
39,227
17,877
16,131
11,981
11,859
3,336
3,622
77,729
14,104
14,104
11,011
107
4,315
37,441
11,213
misc current assets
total current assets
332,569
417,586
252,812
223,466
1,189,265
788,629
254,519
191,907
19,884
19,884
11,011
107
36,989
70,115
46,887
total assets
2,137,225
1,860,110
1,296,634
837,906
1,584,377
855,841
292,090
230,697
25,004
25,004
17,837
9,208
49,125
86,296
69,795
Bank overdraft
Bank loan
Trade Creditors
148,735
39,962
89,328
53,617
41,912
33,108
13,122
17,918
135,012
135,012
199,775
208,075
222,036
291,657
227,098
Group/Directors Accounts
1,646,024
1,520,582
740,981
593,812
other short term finances
hp & lease commitments
other current liabilities
151,937
128,186
304,818
248,750
1,359,837
595,326
207,748
136,786
total current liabilities
1,946,696
1,688,730
1,135,127
896,179
1,401,749
628,434
220,870
154,704
135,012
135,012
199,775
208,075
222,036
291,657
227,098
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
143,760
125,894
129,641
79,603
75,071
12,770
7,138
7,758
total long term liabilities
143,760
125,894
129,641
79,603
75,071
12,770
7,138
7,758
total liabilities
2,090,456
1,814,624
1,264,768
975,782
1,476,820
641,204
228,008
162,462
135,012
135,012
199,775
208,075
222,036
291,657
227,098
net assets
46,769
45,486
31,866
-137,876
107,557
214,637
64,082
68,235
-110,008
-110,008
-181,938
-198,867
-172,911
-205,361
-157,303
total shareholders funds
46,769
45,486
31,866
-137,876
107,557
214,637
64,082
68,235
-110,008
-110,008
-181,938
-198,867
-172,911
-205,361
-157,303
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Apr 2015
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
212
16,517
209,544
-245,445
-107,137
185,844
-4,255
222,689
90,983
90,988
21,958
-25,967
43,747
-48,180
-157,331
Depreciation
35,228
44,868
12,281
63,577
80,053
33,219
18,440
2,417
1,706
2,275
3,034
4,045
6,727
7,636
Amortisation
Tax
-428
-3,195
-39,816
-35,315
-44,561
-19,120
-19,121
-5,057
-11,401
Stock
Debtors
-106,367
163,028
25,196
-965,921
392,113
534,396
136,719
108,398
5,780
5,780
-32,674
-3,000
35,674
Creditors
108,773
-49,366
35,711
11,705
8,804
19,986
-4,796
-117,094
-64,763
-64,763
-8,300
-13,961
-69,621
64,559
227,098
Accruals and Deferred Income
23,751
-176,632
56,068
-1,111,087
764,511
387,578
70,962
136,786
Deferred Taxes & Provisions
17,866
-3,747
50,038
4,532
62,301
5,632
-620
7,758
Cash flow from operations
291,769
-334,583
298,630
-310,797
416,419
62,548
-56,988
99,597
1,320
3,030
10,876
-4,220
-33,230
26,106
41,729
Investing Activities
capital expenditure
-397,360
-443,570
-441,663
-282,905
-407,953
-62,860
-17,221
-36,087
1,706
1
-30,544
Change in Investments
cash flow from investments
-397,360
-443,570
-441,663
-282,905
-407,953
-62,860
-17,221
-36,087
1,706
1
-30,544
Financing Activities
Bank loans
Group/Directors Accounts
125,442
779,601
147,169
593,812
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
4
interest
1,499
298
14
12
57
26
102
115
63
63
28
11
104
122
28
cash flow from financing
126,941
779,899
147,183
593,824
57
26
102
115
67
63
28
11
104
122
28
cash and cash equivalents
cash
21,350
1,746
4,150
122
8,523
-286
-74,107
63,625
3,093
3,093
10,904
-4,208
-33,126
26,228
11,213
overdraft
change in cash
21,350
1,746
4,150
122
8,523
-286
-74,107
63,625
3,093
3,093
10,904
-4,208
-33,126
26,228
11,213
first steps (london) limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for first steps (london) limited. Get real-time insights into first steps (london) limited's credit score, group structure and payment trends.
Perform a competitor analysis for first steps (london) limited by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in HA7 area or any other competitors across 12 key performance metrics.
first steps (london) limited Ownership
FIRST STEPS (LONDON) LIMITED group structure
First Steps (London) Limited has no subsidiary companies.
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 5 charges/mortgages relating to first steps (london) limited. Currently there are 5 open charges and 0 have been satisfied in the past.
first steps (london) 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.
Click to start generating capital raising & share issue transactions for FIRST STEPS (LONDON) LIMITED. This can take several minutes, an email will notify you when this has completed.
first steps (london) limitedCompanies House Filings - See Documents
