best formations limited
best formations limited Company Information
Group Structure
View All
Industry
Accounting, and auditing activities
+1Registered Address
28-29 the broadway, ealing, london, london, W5 2NP
Website
www.bestformations.co.ukbest formations limited Estimated Valuation
Pomanda estimates the enterprise value of BEST FORMATIONS LIMITED at £39.8k based on a Turnover of £52.3k and 0.76x industry multiple (adjusted for size and gross margin).
best formations limited Estimated Valuation
Pomanda estimates the enterprise value of BEST FORMATIONS LIMITED at £7.4k based on an EBITDA of £1.4k and a 5.34x industry multiple (adjusted for size and gross margin).
best formations limited Estimated Valuation
Pomanda estimates the enterprise value of BEST FORMATIONS LIMITED at £5.9k based on Net Assets of £2.1k and 2.84x industry multiple (adjusted for liquidity).
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Best Formations Limited Overview
Best Formations Limited is a live company located in london, W5 2NP with a Companies House number of 06379202. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in September 2007, it's largest shareholder is j dauman finance ltd with a 100% stake. Best Formations Limited is a established, micro sized company, Pomanda has estimated its turnover at £52.3k with declining growth in recent years.
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Best Formations Limited Health Check
Pomanda's financial health check has awarded Best Formations Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £52.3k, make it smaller than the average company (£324.3k)
- Best Formations Limited
£324.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (7%)
- Best Formations Limited
7% - Industry AVG
Production
with a gross margin of 76.7%, this company has a comparable cost of product (76.7%)
- Best Formations Limited
76.7% - Industry AVG
Profitability
an operating margin of 2.6% make it less profitable than the average company (10.3%)
- Best Formations Limited
10.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Best Formations Limited
4 - Industry AVG
Pay Structure
on an average salary of £42k, the company has an equivalent pay structure (£42k)
- Best Formations Limited
£42k - Industry AVG
Efficiency
resulting in sales per employee of £52.3k, this is less efficient (£99.9k)
- Best Formations Limited
£99.9k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is near the average (71 days)
- Best Formations Limited
71 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (25 days)
- Best Formations Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Best Formations Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 42 weeks, this is more cash available to meet short term requirements (29 weeks)
42 weeks - Best Formations Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83%, this is a higher level of debt than the average (53.3%)
83% - Best Formations Limited
53.3% - Industry AVG
BEST FORMATIONS LIMITED financials
Best Formations Limited's latest turnover from September 2023 is estimated at £52.3 thousand and the company has net assets of £2.1 thousand. According to their latest financial statements, we estimate that Best Formations Limited has 1 employee and maintains cash reserves of £1.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 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 | |||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | |||||||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 10,926 | 8,598 | 4,256 | 13,830 | |||||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 1,223 | 8,495 | 41,784 | 23,942 | 1,660 | 2,206 | 379 | 3,328 | 6,352 | 306 | 100 | ||||
| misc current assets | 1 | ||||||||||||||
| total current assets | 12,149 | 17,094 | 46,040 | 37,772 | 1,660 | 2,206 | 379 | 3,328 | 6,352 | 306 | 100 | ||||
| total assets | 12,149 | 17,094 | 46,040 | 37,772 | 1,660 | 2,206 | 379 | 3,328 | 6,352 | 306 | 100 | ||||
| Bank overdraft | 956 | 708 | 662 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 48 | 1 | 1 | 5,497 | 6,903 | 7,564 | 4,155 | ||||||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 1,453 | 4,736 | 35,169 | 26,653 | 4,525 | 4,525 | 4,253 | 5,441 | |||||||
| total current liabilities | 1,501 | 5,692 | 35,169 | 26,654 | 4,525 | 4,526 | 4,961 | 6,103 | 5,497 | 6,903 | 7,564 | 4,155 | |||
| loans | 8,577 | 9,745 | 10,000 | 10,000 | |||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 1,039 | 1,399 | 1,460 | 1,460 | |||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 8,577 | 9,745 | 10,000 | 11,039 | 1,399 | 1,460 | 1,460 | ||||||||
| total liabilities | 10,078 | 15,437 | 45,169 | 37,693 | 5,924 | 5,986 | 6,421 | 6,103 | 5,497 | 6,903 | 7,564 | 4,155 | |||
| net assets | 2,071 | 1,657 | 871 | 79 | -4,264 | -3,780 | -6,421 | -6,103 | -5,118 | -3,575 | -1,212 | -3,849 | 100 | ||
| total shareholders funds | 2,071 | 1,657 | 871 | 79 | -4,264 | -3,780 | -6,421 | -6,103 | -5,118 | -3,575 | -1,212 | -3,849 | 100 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 2,328 | 4,342 | -9,574 | 13,830 | |||||||||||
| Creditors | 48 | -1 | 1 | -1 | 1 | -5,497 | -1,406 | -661 | 3,409 | 4,155 | |||||
| Accruals and Deferred Income | -3,283 | -30,433 | 8,516 | 22,128 | 272 | -1,188 | 5,441 | ||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| 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 | -1,168 | -255 | 10,000 | ||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -1,039 | -360 | -61 | 1,460 | |||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -7,272 | -33,289 | 17,842 | 22,282 | -546 | 2,206 | -379 | -2,949 | -3,024 | 6,046 | 206 | 100 | |||
| overdraft | -956 | 956 | -708 | 46 | 662 | ||||||||||
| change in cash | -6,316 | -34,245 | 17,842 | 22,282 | -546 | 2,914 | -46 | -1,041 | -2,949 | -3,024 | 6,046 | 206 | 100 |
best formations limited Credit Report and Business Information
Best Formations Limited Competitor Analysis
Perform a competitor analysis for best formations limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in W 5 area or any other competitors across 12 key performance metrics.
best formations limited Ownership
BEST FORMATIONS LIMITED group structure
Best Formations Limited has no subsidiary companies.
Ultimate parent company
2 parents
BEST FORMATIONS LIMITED
06379202
best formations limited directors
Best Formations Limited currently has 1 director, Mr Piotr Kubalka serving since Sep 2007.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Piotr Kubalka | 50 years | Sep 2007 | - | Director |
P&L
September 2023turnover
52.3k
+32%
operating profit
1.4k
0%
gross margin
76.8%
+4.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
2.1k
+0.25%
total assets
12.1k
-0.29%
cash
1.2k
-0.86%
net assets
Total assets minus all liabilities
Similar Companies
best formations limited company details
company number
06379202
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
70229 - Management consultancy activities (other than financial management)
incorporation date
September 2007
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
creditpol limited (October 2008)
accountant
J DAUMAN FINANCE LTD
auditor
-
address
28-29 the broadway, ealing, london, london, W5 2NP
Bank
-
Legal Advisor
-
best formations 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 best formations limited.
best formations 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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best formations limited Companies House Filings - See Documents
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