collectnet limited
collectnet limited Company Information
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
14 bonhill street, london, EC2A 4BX
Website
www.collectnetpda.co.zacollectnet limited Estimated Valuation
Pomanda estimates the enterprise value of COLLECTNET LIMITED at £28.2k based on a Turnover of £62.1k and 0.45x industry multiple (adjusted for size and gross margin).
collectnet limited Estimated Valuation
Pomanda estimates the enterprise value of COLLECTNET LIMITED at £0 based on an EBITDA of £-27.5k and a 2.99x industry multiple (adjusted for size and gross margin).
collectnet limited Estimated Valuation
Pomanda estimates the enterprise value of COLLECTNET LIMITED at £0 based on Net Assets of £-39.5k and 1.96x industry multiple (adjusted for liquidity).
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Collectnet Limited Overview
Collectnet Limited is a live company located in london, EC2A 4BX with a Companies House number of 04671918. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in February 2003, it's largest shareholder is nigel stein with a 100% stake. Collectnet Limited is a mature, micro sized company, Pomanda has estimated its turnover at £62.1k with declining growth in recent years.
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Collectnet Limited Health Check
Pomanda's financial health check has awarded Collectnet Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £62.1k, make it smaller than the average company (£648.8k)
£62.1k - Collectnet Limited
£648.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (4.1%)
-2% - Collectnet Limited
4.1% - Industry AVG
Production
with a gross margin of 15%, this company has a higher cost of product (39.7%)
15% - Collectnet Limited
39.7% - Industry AVG
Profitability
an operating margin of -44.3% make it less profitable than the average company (5.7%)
-44.3% - Collectnet Limited
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
- Collectnet Limited
14 - Industry AVG
Pay Structure
on an average salary of £24.9k, the company has an equivalent pay structure (£24.9k)
- Collectnet Limited
£24.9k - Industry AVG
Efficiency
resulting in sales per employee of £62.1k, this is equally as efficient (£62.4k)
- Collectnet Limited
£62.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Collectnet Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Collectnet Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 788 days, this is more than average (31 days)
788 days - Collectnet Limited
31 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (56 weeks)
3 weeks - Collectnet Limited
56 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 130.1%, this is a higher level of debt than the average (41.5%)
130.1% - Collectnet Limited
41.5% - Industry AVG
COLLECTNET LIMITED financials
Collectnet Limited's latest turnover from March 2020 is £62.1 thousand and the company has net assets of -£39.5 thousand. According to their latest financial statements, we estimate that Collectnet Limited has 1 employee and maintains cash reserves of £11.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 62,086 | 57,523 | 63,796 | 65,550 | 59,060 | 53,220 | 59,953 | 75,265 | 78,099 | 73,710 | 87,095 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 52,764 | 45,097 | 33,605 | 34,611 | 34,041 | 26,136 | 33,431 | 42,409 | 48,387 | 49,514 | 59,635 |
| Gross Profit | 9,322 | 12,426 | 30,191 | 30,939 | 25,019 | 27,084 | 26,522 | 32,856 | 29,712 | 24,196 | 27,460 |
| Admin Expenses | 36,844 | 25,721 | 27,792 | 30,912 | 22,948 | 26,523 | 27,240 | 29,880 | 29,085 | 26,048 | 26,330 |
| Operating Profit | -27,522 | -13,295 | 2,399 | 27 | 2,071 | 561 | -718 | 2,976 | 627 | -1,852 | 1,130 |
| Interest Payable | 106 | 126 | 491 | 1,600 | 1,476 | 1,005 | 1,061 | 1,163 | 1,167 | 1,140 | 1,065 |
| Interest Receivable | |||||||||||
| Pre-Tax Profit | -27,628 | -13,421 | 1,908 | -1,573 | 595 | 444 | -1,779 | 1,813 | -540 | -2,992 | 65 |
| Tax | -25 | ||||||||||
| Profit After Tax | -27,628 | -13,421 | 1,908 | -1,573 | 595 | 444 | -1,779 | 1,813 | -540 | -2,992 | 40 |
| Dividends Paid | |||||||||||
| Retained Profit | -27,628 | -13,421 | 1,908 | -1,573 | 595 | 444 | -1,779 | 1,813 | -540 | -2,992 | 40 |
| Employee Costs | |||||||||||
| Number Of Employees | |||||||||||
| EBITDA* | -27,522 | -13,290 | 2,404 | 37 | 2,081 | 576 | -698 | 3,001 | 657 | -1,812 | 1,180 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 10 | 15 | 20 | 30 | 40 | 55 | 75 | 100 | 130 | 170 | |
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 10 | 15 | 20 | 30 | 40 | 55 | 75 | 100 | 130 | 170 | |
| Stock & work in progress | 114,000 | 479 | 114,000 | 135,000 | 129,300 | 125,480 | 115,680 | 105,325 | 80,350 | 70,900 | 52,350 |
| Trade Debtors | |||||||||||
| Group Debtors | |||||||||||
| Misc Debtors | 6,272 | 6,563 | 210 | 291 | 254 | 147 | 492 | 273 | 249 | 160 | 197 |
| Cash | 11,243 | 109,000 | 6,057 | ||||||||
| misc current assets | |||||||||||
| total current assets | 131,515 | 116,042 | 120,267 | 135,291 | 129,554 | 125,627 | 116,172 | 105,598 | 80,599 | 71,060 | 52,547 |
| total assets | 131,515 | 116,052 | 120,282 | 135,311 | 129,584 | 125,667 | 116,227 | 105,673 | 80,699 | 71,190 | 52,717 |
| Bank overdraft | 5,402 | 8,679 | 8,075 | 9,500 | 14,733 | 8,086 | 11,455 | 10,235 | |||
| Bank loan | |||||||||||
| Trade Creditors | |||||||||||
| Group/Directors Accounts | 125,970 | 116,779 | 128,314 | 117,737 | 115,019 | 103,710 | 86,144 | 69,630 | 56,212 | 36,042 | |
| other short term finances | 170,061 | ||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 1,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 1,925 |
| total current liabilities | 171,061 | 127,970 | 118,779 | 135,716 | 128,416 | 125,094 | 115,210 | 102,877 | 79,716 | 69,667 | 48,202 |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | |||||||||||
| total long term liabilities | |||||||||||
| total liabilities | 171,061 | 127,970 | 118,779 | 135,716 | 128,416 | 125,094 | 115,210 | 102,877 | 79,716 | 69,667 | 48,202 |
| net assets | -39,546 | -11,918 | 1,503 | -405 | 1,168 | 573 | 1,017 | 2,796 | 983 | 1,523 | 4,515 |
| total shareholders funds | -39,546 | -11,918 | 1,503 | -405 | 1,168 | 573 | 1,017 | 2,796 | 983 | 1,523 | 4,515 |
| 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 | -27,522 | -13,295 | 2,399 | 27 | 2,071 | 561 | -718 | 2,976 | 627 | -1,852 | 1,130 |
| Depreciation | 5 | 5 | 10 | 10 | 15 | 20 | 25 | 30 | 40 | 50 | |
| Amortisation | |||||||||||
| Tax | -25 | ||||||||||
| Stock | 113,521 | -113,521 | -21,000 | 5,700 | 3,820 | 9,800 | 10,355 | 24,975 | 9,450 | 18,550 | 52,350 |
| Debtors | -291 | 6,353 | -81 | 37 | 107 | -345 | 219 | 24 | 89 | -37 | 197 |
| Creditors | |||||||||||
| Accruals and Deferred Income | -1,000 | 75 | 1,925 | ||||||||
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | 93,878 | 23,485 | -5,700 | -1,846 | -8,879 | -11,272 | -21,998 | -8,882 | -20,250 | -49,467 | |
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | -125,970 | 9,191 | -11,535 | 10,577 | 2,718 | 11,309 | 17,566 | 16,514 | 13,418 | 20,170 | 36,042 |
| Other Short Term Loans | 170,061 | ||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | -106 | -126 | -491 | -1,600 | -1,476 | -1,005 | -1,061 | -1,163 | -1,167 | -1,140 | -1,065 |
| cash flow from financing | 43,985 | 9,065 | -12,026 | 8,977 | 1,242 | 9,416 | 16,505 | 15,351 | 12,251 | 19,030 | 39,452 |
| cash and cash equivalents | |||||||||||
| cash | -97,757 | 102,943 | 6,057 | ||||||||
| overdraft | -5,402 | -3,277 | 604 | -1,425 | -5,233 | 6,647 | -3,369 | 1,220 | 10,235 | ||
| change in cash | -97,757 | 102,943 | 11,459 | 3,277 | -604 | 1,425 | 5,233 | -6,647 | 3,369 | -1,220 | -10,235 |
collectnet limited Credit Report and Business Information
Collectnet Limited Competitor Analysis
Perform a competitor analysis for collectnet limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in EC2A area or any other competitors across 12 key performance metrics.
collectnet limited Ownership
COLLECTNET LIMITED group structure
Collectnet Limited has no subsidiary companies.
Ultimate parent company
COLLECTNET LIMITED
04671918
collectnet limited directors
Collectnet Limited currently has 1 director, Mr Victor Short serving since Nov 2006.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Victor Short | 70 years | Nov 2006 | - | Director |
P&L
March 2020turnover
62.1k
+8%
operating profit
-27.5k
+107%
gross margin
15.1%
-30.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2020net assets
-39.5k
+2.32%
total assets
131.5k
+0.13%
cash
11.2k
-0.9%
net assets
Total assets minus all liabilities
collectnet limited company details
company number
04671918
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
February 2003
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2020
previous names
N/A
accountant
V T SHORT
auditor
-
address
14 bonhill street, london, EC2A 4BX
Bank
-
Legal Advisor
-
collectnet 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 collectnet limited.
collectnet 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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collectnet limited Companies House Filings - See Documents
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