59club global ltd

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59club global ltd Company Information

Share 59CLUB GLOBAL LTD

Company Number

06502069

Directors

Simon Wordsworth

Mark Reed

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Shareholders

eminent sports group ltd

mark reed

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Group Structure

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Industry

Other sports activities (not including activities of racehorse owners) n.e.c.

 

Registered Address

suite b the white house, 93a lichfield street, tamworth, staffs, B79 7QF

59club global ltd Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of 59CLUB GLOBAL LTD at £2.4m based on a Turnover of £2m and 1.19x industry multiple (adjusted for size and gross margin).

59club global ltd Estimated Valuation

£414k

Pomanda estimates the enterprise value of 59CLUB GLOBAL LTD at £414k based on an EBITDA of £87.9k and a 4.71x industry multiple (adjusted for size and gross margin).

59club global ltd Estimated Valuation

£804.4k

Pomanda estimates the enterprise value of 59CLUB GLOBAL LTD at £804.4k based on Net Assets of £380.3k and 2.12x industry multiple (adjusted for liquidity).

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59club Global Ltd Overview

59club Global Ltd is a live company located in tamworth, B79 7QF with a Companies House number of 06502069. It operates in the other sports activities sector, SIC Code 93199. Founded in February 2008, it's largest shareholder is eminent sports group ltd with a 50.7% stake. 59club Global Ltd is a established, small sized company, Pomanda has estimated its turnover at £2m with healthy growth in recent years.

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59club Global Ltd Health Check

Pomanda's financial health check has awarded 59Club Global Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £2m, make it larger than the average company (£627.5k)

£2m - 59club Global Ltd

£627.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (8.9%)

10% - 59club Global Ltd

8.9% - Industry AVG

production

Production

with a gross margin of 41.2%, this company has a comparable cost of product (41.2%)

41.2% - 59club Global Ltd

41.2% - Industry AVG

profitability

Profitability

an operating margin of 4.3% make it more profitable than the average company (1.5%)

4.3% - 59club Global Ltd

1.5% - Industry AVG

employees

Employees

with 8 employees, this is below the industry average (15)

8 - 59club Global Ltd

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £28.9k, the company has an equivalent pay structure (£28.9k)

£28.9k - 59club Global Ltd

£28.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £252.8k, this is more efficient (£70.7k)

£252.8k - 59club Global Ltd

£70.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 39 days, this is later than average (16 days)

39 days - 59club Global Ltd

16 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 7 days, this is quicker than average (30 days)

7 days - 59club Global Ltd

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - 59club Global Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 45 weeks, this is less cash available to meet short term requirements (65 weeks)

45 weeks - 59club Global Ltd

65 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 22.8%, this is a lower level of debt than the average (37.9%)

22.8% - 59club Global Ltd

37.9% - Industry AVG

59CLUB GLOBAL LTD financials

EXPORTms excel logo

59Club Global Ltd's latest turnover from December 2023 is estimated at £2 million and the company has net assets of £380.3 thousand. According to their latest financial statements, 59Club Global Ltd has 8 employees and maintains cash reserves of £69.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover2,022,4351,771,7651,126,4971,525,4882,361,8994,348,4311,916,5782,694,3101,480,9291,172,0201,272,6361,065,104896,727684,468539,110
Other Income Or Grants000000000000000
Cost Of Sales1,189,8321,035,289620,475898,5441,392,9692,416,5011,057,1721,442,564779,328617,858662,309567,540493,697373,747307,048
Gross Profit832,604736,476506,021626,944968,9301,931,931859,4061,251,746701,601554,162610,327497,564403,030310,721232,062
Admin Expenses746,632638,872493,295591,640869,7631,832,351829,8631,186,742687,111610,508573,490467,407365,899313,055223,239
Operating Profit85,97297,60412,72635,30499,16799,58029,54365,00414,490-56,34636,83730,15737,131-2,3348,823
Interest Payable6,6347,5025,9053,0500001,5673,7802,15000000
Interest Receivable3,8663,912331851870010547444633227618411355
Pre-Tax Profit83,20494,0147,15232,33899,35499,58029,54363,54111,184-58,05037,16930,43337,315-2,2218,878
Tax-20,801-17,863-1,359-6,144-18,877-18,920-5,613-12,708-2,2370-8,549-7,304-9,7020-2,486
Profit After Tax62,40376,1515,79326,19480,47780,66023,93050,8338,947-58,05028,62023,12927,613-2,2216,392
Dividends Paid000000000000000
Retained Profit62,40376,1515,79326,19480,47780,66023,93050,8338,947-58,05028,62023,12927,613-2,2216,392
Employee Costs230,829199,81654,881124,682927,7461,761,200708,980955,775558,049457,226474,854412,402341,481239,330181,227
Number Of Employees8725387432422317191614107
EBITDA*87,88799,52012,72635,30499,16799,58029,54365,00414,490-56,34636,83730,15737,131-2,3348,823

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets4,2736,0890000000000000
Intangible Assets000000000000000
Investments & Other122,565120,656120,656100,087100,0000000000000
Debtors (Due After 1 year)58,13240,0000000000000000
Total Fixed Assets184,970166,745120,656100,087100,0000000000000
Stock & work in progress00007700001,1011,1011,1011,101000
Trade Debtors217,098174,406112,730143,099200,466299,662140,099166,414103,69779,58786,27965,69844,64138,33125,981
Group Debtors000000000000000
Misc Debtors1,81712,6562,5209,04900000000000
Cash69,39177,878145,656119,09749,91200083,599105,85772,41260,26350,20623,26921,916
misc current assets19,51326,0018,31328,2804,8690000000000
total current assets307,819290,941269,219299,525256,017299,662140,099166,414188,397186,545159,792127,06294,84761,60047,897
total assets492,789457,686389,875399,612356,017299,662140,099166,414188,397186,545159,792127,06294,84761,60047,897
Bank overdraft16,00016,00019,29311,11100000000000
Bank loan000000000000000
Trade Creditors 26,03134,30139,92536,34745,125109,80930,90681,15183,41664,53375,90871,84962,78857,22941,405
Group/Directors Accounts1,37604,716000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities36,10536,51114,51027,301101,1220000000000
total current liabilities79,51286,81278,44474,759146,247109,80930,90681,15183,41664,53375,90871,84962,78857,22941,405
loans32,96652,96669,67488,889000050,15766,14500000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities32,96652,96669,67488,889000050,15766,14500000
total liabilities112,478139,778148,118163,648146,247109,80930,90681,151133,573130,67875,90871,84962,78857,22941,405
net assets380,311317,908241,757235,964209,770189,853109,19385,26354,82455,86783,88455,21332,0594,3716,492
total shareholders funds380,311317,908241,757235,964209,770189,853109,19385,26354,82455,86783,88455,21332,0594,3716,492
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit85,97297,60412,72635,30499,16799,58029,54365,00414,490-56,34636,83730,15737,131-2,3348,823
Depreciation1,9151,9160000000000000
Amortisation000000000000000
Tax-20,801-17,863-1,359-6,144-18,877-18,920-5,613-12,708-2,2370-8,549-7,304-9,7020-2,486
Stock000-77077000-1,1010001,101000
Debtors49,985111,812-36,898-48,31860,367159,563-26,31562,71724,110-6,69220,58121,0576,31012,35025,981
Creditors-8,270-5,6243,578-8,77814,21978,903-50,245-2,26518,883-11,3754,0599,0615,55915,82441,405
Accruals and Deferred Income-40622,001-12,791-73,821101,1220000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations8,425-13,77839,052-4,351134,49400-11,5857,026-61,02911,7669,75626,6781,14021,761
Investing Activities
capital expenditure-99-8,0050000000000000
Change in Investments1,909020,56987100,0000000000000
cash flow from investments-2,008-8,005-20,569-87-100,0000000000000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts1,376-4,7164,716000000000000
Other Short Term Loans 000000000000000
Long term loans-20,000-16,708-19,21588,889000-50,157-15,98866,14500000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000020,10000-20,394-9,99030,033512575100100
interest-2,768-3,590-5,574-2,96518700-1,462-3,306-1,70433227618411355
cash flow from financing-21,392-25,014-20,07385,92420,28700-72,013-29,28494,474383301259213155
cash and cash equivalents
cash-8,487-67,77826,55969,18549,91200-83,599-22,25833,44512,14910,05726,9371,35321,916
overdraft0-3,2938,18211,11100000000000
change in cash-8,487-64,48518,37758,07449,91200-83,599-22,25833,44512,14910,05726,9371,35321,916

59club global ltd 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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59club Global Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for 59club global ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in B79 area or any other competitors across 12 key performance metrics.

59club global ltd Ownership

59CLUB GLOBAL LTD group structure

59Club Global Ltd has no subsidiary companies.

Ultimate parent company

2 parents

59CLUB GLOBAL LTD

06502069

59CLUB GLOBAL LTD Shareholders

eminent sports group ltd 50.75%
mark reed 29.85%
matt roberts 14.93%
andrew etherington 4.48%

59club global ltd directors

59Club Global Ltd currently has 4 directors. The longest serving directors include Mr Simon Wordsworth (Feb 2008) and Mr Mark Reed (Jul 2010).

officercountryagestartendrole
Mr Simon WordsworthEngland56 years Feb 2008- Director
Mr Mark Reed52 years Jul 2010- Director
Mr Matthew RobertsEngland51 years Mar 2013- Director
Mr Andy EtheringtonEngland48 years Jan 2019- Director

P&L

December 2023

turnover

2m

+14%

operating profit

86k

0%

gross margin

41.2%

-0.96%

turnover

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

Balance Sheet

December 2023

net assets

380.3k

+0.2%

total assets

492.8k

+0.08%

cash

69.4k

-0.11%

net assets

Total assets minus all liabilities

59club global ltd company details

company number

06502069

Type

Private limited with Share Capital

industry

93199 - Other sports activities (not including activities of racehorse owners) n.e.c.

incorporation date

February 2008

age

17

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

the 59 club limited (June 2020)

accountant

PHILIP BARNES & CO LIMITED

auditor

-

address

suite b the white house, 93a lichfield street, tamworth, staffs, B79 7QF

Bank

-

Legal Advisor

-

59club global ltd 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 59club global ltd.

59club global ltd 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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59club global ltd Companies House Filings - See Documents

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