y n services limited

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y n services limited Company Information

Share Y N SERVICES LIMITED

Company Number

05240214

Shareholders

michalakis vassiliou

Group Structure

View All

Industry

Accounting, and auditing activities

 +1

Registered Address

869 high road, london, N12 8QA

Website

-

y n services limited Estimated Valuation

£37.5k

Pomanda estimates the enterprise value of Y N SERVICES LIMITED at £37.5k based on a Turnover of £55.6k and 0.67x industry multiple (adjusted for size and gross margin).

y n services limited Estimated Valuation

£42.3k

Pomanda estimates the enterprise value of Y N SERVICES LIMITED at £42.3k based on an EBITDA of £10.2k and a 4.16x industry multiple (adjusted for size and gross margin).

y n services limited Estimated Valuation

£128k

Pomanda estimates the enterprise value of Y N SERVICES LIMITED at £128k based on Net Assets of £40.2k and 3.19x industry multiple (adjusted for liquidity).

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Y N Services Limited Overview

Y N Services Limited is a live company located in london, N12 8QA with a Companies House number of 05240214. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in September 2004, it's largest shareholder is michalakis vassiliou with a 100% stake. Y N Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £55.6k with declining growth in recent years.

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Y N Services Limited Health Check

Pomanda's financial health check has awarded Y N Services Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £55.6k, make it smaller than the average company (£135.2k)

£55.6k - Y N Services Limited

£135.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -37%, show it is growing at a slower rate (7.5%)

-37% - Y N Services Limited

7.5% - Industry AVG

production

Production

with a gross margin of 81.6%, this company has a comparable cost of product (81.6%)

81.6% - Y N Services Limited

81.6% - Industry AVG

profitability

Profitability

an operating margin of 18% make it more profitable than the average company (8.1%)

18% - Y N Services Limited

8.1% - Industry AVG

employees

Employees

with 2 employees, this is similar to the industry average (2)

2 - Y N Services Limited

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £27.2k, the company has an equivalent pay structure (£27.2k)

£27.2k - Y N Services Limited

£27.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £27.8k, this is less efficient (£66.5k)

£27.8k - Y N Services Limited

£66.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 26 days, this is earlier than average (67 days)

26 days - Y N Services Limited

67 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Y N Services Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Y N Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 30 weeks, this is average cash available to meet short term requirements (34 weeks)

30 weeks - Y N Services Limited

34 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 14.7%, this is a lower level of debt than the average (63.6%)

14.7% - Y N Services Limited

63.6% - Industry AVG

Y N SERVICES LIMITED financials

EXPORTms excel logo

Y N Services Limited's latest turnover from April 2024 is estimated at £55.6 thousand and the company has net assets of £40.2 thousand. According to their latest financial statements, Y N Services Limited has 2 employees and maintains cash reserves of £4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover55,649144,129175,064227,371288,884185,465217,721269,888415,125477,193571,755639,385575,025402,941523,604
Other Income Or Grants
Cost Of Sales10,22526,63832,58223,42725,4726,9228,96610,86332,23958,12447,98163,17765,23443,08442,931
Gross Profit45,424117,491142,482203,944263,412178,544208,755259,025382,885419,069523,775576,208509,790359,857480,673
Admin Expenses35,434156,073141,704175,676212,242181,660221,213258,920378,398436,060529,904576,434511,978354,374431,236
Operating Profit9,990-38,58277828,26851,170-3,116-12,4581054,487-16,991-6,129-226-2,1885,48349,437
Interest Payable59659188
Interest Receivable1,2062,4103962148531266723938131
Pre-Tax Profit11,196-36,1721,17428,28951,115-3,173-12,544204,499-16,925-6,057-187-2,1505,49649,438
Tax-2,799-223-5,375-9,712-4-900-1,429-13,842
Profit After Tax8,397-36,17295122,91441,403-3,173-12,544163,599-16,925-6,057-187-2,1504,06735,595
Dividends Paid
Retained Profit8,397-36,17295122,91441,403-3,173-12,544163,599-16,925-6,057-187-2,1504,06735,595
Employee Costs54,34351,15949,25744,84361,79448,21051,98753,531230,220293,693321,771397,144326,317180,227176,427
Number Of Employees22223222911141412911
EBITDA*10,161-38,36882128,32351,239-3,032-12,3512374,654-16,783-5,868101-1,7805,99450,076

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets6848551742172723414255326648311,0471,3081,6352,0432,554
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets6848551742172723414255326648311,0471,3081,6352,0432,554
Stock & work in progress8,9807,8535,6558,5134,2605,9416,3355,1075,2005,4165,3999,25714,59012,552
Trade Debtors4,00433,91747,88869,17272,17741,40947,41559,00761,11068,39564,51975,82167,69956,28865,167
Group Debtors
Misc Debtors37,1121,248390708481469483431377
Cash3,97841,95771,45134,2527,3004511,5924511,8803,01123,5115,34410,2494,894236
misc current assets1,330
total current assets46,42486,102127,582109,78788,47146,58955,43166,22468,47476,60693,44686,56487,20575,77277,955
total assets47,10886,957127,756110,00488,74346,93055,85666,75669,13877,43794,49387,87288,84077,81580,509
Bank overdraft1,9202,810
Bank loan
Trade Creditors 45,04728,2086,05115619323630731362,64462,77550,09750,87837,70344,464
Group/Directors Accounts4452,241
other short term finances
hp & lease commitments
other current liabilities6,7749,97331,57236,92344,46542,09049,71044,72748,192
total current liabilities6,77455,02059,78042,97444,62144,20349,94648,28950,74662,64462,77550,09750,87837,70344,464
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions150150172228364659
total long term liabilities150150172228364659
total liabilities6,92455,17059,79742,99644,64944,23949,99248,34850,74662,64462,77550,09750,87837,70344,464
net assets40,18431,78767,95967,00844,0942,6915,86418,40818,39214,79331,71837,77537,96240,11236,045
total shareholders funds40,18431,78767,95967,00844,0942,6915,86418,40818,39214,79331,71837,77537,96240,11236,045
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit9,990-38,58277828,26851,170-3,116-12,4581054,487-16,991-6,129-226-2,1885,48349,437
Depreciation17121443556984107132167208261327408511639
Amortisation
Tax-2,799-223-5,375-9,712-4-900-1,429-13,842
Stock-8,9801,1272,198-2,8584,253-1,681-3941,228-93-21617-3,858-5,3332,03812,552
Debtors5,951-13,113-21,602-2,77830,780-6,020-11,540-2,049-6,9083,876-11,3028,12211,411-8,87965,167
Creditors-45,04716,83922,1575,895-37-43-71-6-62,331-13112,678-78113,175-6,76144,464
Accruals and Deferred Income-3,199-21,599-5,351-7,5422,375-7,6204,983-3,46548,192
Deferred Taxes & Provisions133-5-6-8-10-1359
Cash flow from operations-37,855-31,00936,80326,9318,824-3,0044,482-2,358-3,384-20,57418,095-4,9445,3174,6452,979
Investing Activities
capital expenditure-8958-3,193
Change in Investments
cash flow from investments-8958-3,193
Financing Activities
Bank loans
Group/Directors Accounts-445-1,7962,241
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue450
interest1,2062,41039621-55-57-86-851266723938131
cash flow from financing1,2062,41039621-55-57-531-1,8812,2536672393813451
cash and cash equivalents
cash-37,979-29,49437,19926,9526,849-1,1411,141-1,429-1,131-20,50018,167-4,9055,3554,658236
overdraft-1,9201,920-2,8102,810
change in cash-37,979-29,49437,19926,9528,769-3,0613,951-4,239-1,131-20,50018,167-4,9055,3554,658236

y n services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Y N Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for y n services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in N12 area or any other competitors across 12 key performance metrics.

y n services limited Ownership

Y N SERVICES LIMITED group structure

Y N Services Limited has no subsidiary companies.

Ultimate parent company

Y N SERVICES LIMITED

05240214

Y N SERVICES LIMITED Shareholders

michalakis vassiliou 100%

y n services limited directors

Y N Services Limited currently has 1 director, Mr Michalakis Vassiliou serving since Sep 2004.

officercountryagestartendrole
Mr Michalakis VassiliouEngland64 years Sep 2004- Director

P&L

April 2024

turnover

55.6k

-61%

operating profit

10k

0%

gross margin

81.7%

+0.13%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2024

net assets

40.2k

+0.26%

total assets

47.1k

-0.46%

cash

4k

-0.91%

net assets

Total assets minus all liabilities

y n services limited company details

company number

05240214

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

69202 - Bookkeeping activities

incorporation date

September 2004

age

21

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

N/A

accountant

AC PARTNERS PROFESSIONAL SERVICES LTD

auditor

-

address

869 high road, london, N12 8QA

Bank

-

Legal Advisor

-

y n services 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 y n services limited.

y n services 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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y n services limited Companies House Filings - See Documents

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