speedforce limited
speedforce limited Company Information
Company Number
05048966
Next Accounts
Nov 2025
Directors
Shareholders
julia michelle mcgivney
raymond mcgivney
Group Structure
View All
Industry
Plastering
Registered Address
capability house wrest park, silsoe, bedford, MK45 4HR
Website
appmeas.co.ukspeedforce limited Estimated Valuation
Pomanda estimates the enterprise value of SPEEDFORCE LIMITED at £96.2k based on a Turnover of £287.6k and 0.33x industry multiple (adjusted for size and gross margin).
speedforce limited Estimated Valuation
Pomanda estimates the enterprise value of SPEEDFORCE LIMITED at £0 based on an EBITDA of £-4.6k and a 3.28x industry multiple (adjusted for size and gross margin).
speedforce limited Estimated Valuation
Pomanda estimates the enterprise value of SPEEDFORCE LIMITED at £206.2k based on Net Assets of £88.8k and 2.32x industry multiple (adjusted for liquidity).
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Speedforce Limited Overview
Speedforce Limited is a live company located in bedford, MK45 4HR with a Companies House number of 05048966. It operates in the plastering sector, SIC Code 43310. Founded in February 2004, it's largest shareholder is julia michelle mcgivney with a 50% stake. Speedforce Limited is a mature, micro sized company, Pomanda has estimated its turnover at £287.6k with declining growth in recent years.
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Speedforce Limited Health Check
Pomanda's financial health check has awarded Speedforce Limited a 3 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 £287.6k, make it larger than the average company (£197.3k)
- Speedforce Limited
£197.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (8.5%)
- Speedforce Limited
8.5% - Industry AVG
Production
with a gross margin of 17.8%, this company has a higher cost of product (27.9%)
- Speedforce Limited
27.9% - Industry AVG
Profitability
an operating margin of -1.6% make it less profitable than the average company (7.8%)
- Speedforce Limited
7.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (2)
1 - Speedforce Limited
2 - Industry AVG
Pay Structure
on an average salary of £23.1k, the company has an equivalent pay structure (£23.1k)
- Speedforce Limited
£23.1k - Industry AVG
Efficiency
resulting in sales per employee of £287.6k, this is more efficient (£134.6k)
- Speedforce Limited
£134.6k - Industry AVG
Debtor Days
it gets paid by customers after 150 days, this is later than average (36 days)
- Speedforce Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (39 days)
- Speedforce Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Speedforce Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Speedforce Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.6%, this is a lower level of debt than the average (52.1%)
36.6% - Speedforce Limited
52.1% - Industry AVG
SPEEDFORCE LIMITED financials
Speedforce Limited's latest turnover from February 2024 is estimated at £287.6 thousand and the company has net assets of £88.8 thousand. According to their latest financial statements, Speedforce Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 19,550 | 19,070 | 24,810 | 7,060 | 9,410 | 12,540 | 16,850 | 6,730 | 8,560 | 11,420 | 15,230 | 20,240 | 5,830 | 10,360 | 13,820 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 19,550 | 19,070 | 24,810 | 7,060 | 9,410 | 12,540 | 16,850 | 6,730 | 8,560 | 11,420 | 15,230 | 20,240 | 5,830 | 10,360 | 13,820 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 118,584 | 197,107 | 138,361 | 145,532 | 42,905 | 41,476 | 103,206 | 71,128 | 83,764 | 33,651 | 11,226 | 21,927 | 63,975 | 22,226 | 40,376 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 1,981 | 1,361 | 697 | 393 | 369 | 68 | |||||||||
| Cash | 21,229 | 6,741 | 34,212 | 10,950 | 40,042 | 34,237 | 967 | ||||||||
| misc current assets | 1,088 | ||||||||||||||
| total current assets | 120,565 | 198,468 | 139,058 | 145,925 | 43,274 | 42,564 | 103,206 | 71,128 | 104,993 | 40,392 | 45,506 | 32,877 | 104,017 | 56,463 | 41,343 |
| total assets | 140,115 | 217,538 | 163,868 | 152,985 | 52,684 | 55,104 | 120,056 | 77,858 | 113,553 | 51,812 | 60,736 | 53,117 | 109,847 | 66,823 | 55,163 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 14,899 | 82,792 | 59,245 | 134,203 | 48,739 | 41,487 | 65,719 | 51,919 | 107,662 | 49,606 | 42,583 | 20,761 | 75,595 | 51,771 | 48,868 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 14,899 | 82,792 | 59,245 | 134,203 | 48,739 | 41,487 | 65,719 | 51,919 | 107,662 | 49,606 | 42,583 | 20,761 | 75,595 | 51,771 | 48,868 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 840 | 820 | 780 | 600 | 540 | 540 | 600 | 520 | 520 | 540 | |||||
| other liabilities | 31,667 | 36,667 | 41,067 | 1,776 | 1,059 | 5,297 | |||||||||
| provisions | 3,910 | 3,814 | 4,962 | 1,412 | 1,882 | 2,508 | 3,370 | 628 | 836 | 1,216 | 1,744 | 2,460 | 555 | 877 | |
| total long term liabilities | 36,417 | 41,301 | 46,809 | 2,012 | 2,422 | 3,048 | 3,970 | 1,148 | 1,356 | 1,756 | 1,744 | 4,236 | 1,614 | 6,174 | |
| total liabilities | 51,316 | 124,093 | 106,054 | 136,215 | 51,161 | 44,535 | 69,689 | 53,067 | 109,018 | 51,362 | 44,327 | 24,997 | 75,595 | 53,385 | 55,042 |
| net assets | 88,799 | 93,445 | 57,814 | 16,770 | 1,523 | 10,569 | 50,367 | 24,791 | 4,535 | 450 | 16,409 | 28,120 | 34,252 | 13,438 | 121 |
| total shareholders funds | 88,799 | 93,445 | 57,814 | 16,770 | 1,523 | 10,569 | 50,367 | 24,791 | 4,535 | 450 | 16,409 | 28,120 | 34,252 | 13,438 | 121 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 2,860 | 3,810 | 5,010 | 6,738 | 1,940 | 3,460 | 4,560 | ||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -77,903 | 59,410 | -6,867 | 102,651 | 1,798 | -61,730 | 32,078 | -12,636 | 50,113 | 22,357 | -10,633 | -42,048 | 41,749 | -18,150 | 40,376 |
| Creditors | -67,893 | 23,547 | -74,958 | 85,464 | 7,252 | -24,232 | 13,800 | -55,743 | 58,056 | 7,023 | 21,822 | -54,834 | 23,824 | 2,903 | 48,868 |
| Accruals and Deferred Income | 20 | 40 | 180 | 60 | -60 | 80 | -20 | 540 | |||||||
| Deferred Taxes & Provisions | 96 | -1,148 | 3,550 | -470 | -626 | -862 | 2,742 | -208 | -380 | -528 | -716 | 2,460 | -555 | -322 | 877 |
| 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 | -5,000 | -4,400 | 41,067 | -1,776 | 1,776 | -1,059 | -4,238 | 5,297 | |||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -21,229 | 14,488 | -27,471 | 23,262 | -29,092 | 5,805 | 33,270 | 967 | |||||||
| overdraft | |||||||||||||||
| change in cash | -21,229 | 14,488 | -27,471 | 23,262 | -29,092 | 5,805 | 33,270 | 967 |
speedforce limited Credit Report and Business Information
Speedforce Limited Competitor Analysis
Perform a competitor analysis for speedforce limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in MK45 area or any other competitors across 12 key performance metrics.
speedforce limited Ownership
SPEEDFORCE LIMITED group structure
Speedforce Limited has no subsidiary companies.
Ultimate parent company
SPEEDFORCE LIMITED
05048966
speedforce limited directors
Speedforce Limited currently has 1 director, Mr Raymond McGivney serving since Feb 2005.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Raymond McGivney | England | 60 years | Feb 2005 | - | Director |
P&L
February 2024turnover
287.6k
-40%
operating profit
-4.6k
0%
gross margin
17.8%
-0.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
88.8k
-0.05%
total assets
140.1k
-0.36%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
speedforce limited company details
company number
05048966
Type
Private limited with Share Capital
industry
43310 - Plastering
incorporation date
February 2004
age
21
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
capability house wrest park, silsoe, bedford, MK45 4HR
Bank
-
Legal Advisor
-
speedforce 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 speedforce limited.
speedforce 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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speedforce limited Companies House Filings - See Documents
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