Save Progress Ltd

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save progress ltd Company Information

Live

EstablishedMicroRapid

Company Number

06651646

Website

saveprogress.com

Registered Address

12 constance crescent, 12 constance crescent, hayes, kent, BR2 7QJ

Industry

Advertising agencies

Telephone

Next Accounts Due

December 2025

Group Structure

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Directors

David Hession16 Years

Shareholders

david hession 100%

save progress ltd Estimated Valuation

£80.9k

Pomanda estimates the enterprise value of SAVE PROGRESS LTD at £80.9k based on an EBITDA of £37.8k and a 2.14x industry multiple (adjusted for size and gross margin).

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Save Progress Ltd is a live company located in hayes, BR2 7QJ with a Companies House number of 06651646. It operates in the advertising agencies sector, SIC Code 73110. Founded in July 2008, it's largest shareholder is david hession with a 100% stake. Save Progress Ltd is a established, micro sized company, Pomanda has estimated its turnover at £102k with rapid growth in recent years.

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Pomanda's financial health check has awarded Save Progress Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

3 Strong

2 Regular

5 Weak

Size

annual sales of £102k, make it smaller than the average company (£4.3m)

Growth

3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (7.4%)

EXPORT

Save Progress Ltd's latest turnover from March 2024 is estimated at £102 thousand and the company has net assets of £17.6 thousand. According to their latest financial statements, we estimate that Save Progress Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	102,029	15,305	31,804	45,445	37,139	37,551	41,117	41,550	16,404	21,130	30,668	11,455	13,310	23,236	9,022
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	82,774	11,772	24,031	35,158	28,630	30,224	32,159	31,558	12,652	15,589	23,158	8,733	10,077	17,253	6,719
Gross Profit	19,255	3,532	7,773	10,287	8,509	7,327	8,959	9,993	3,751	5,541	7,510	2,722	3,233	5,983	2,303
Admin Expenses	-18,552	14,908	14,382	1,497	4,554	9,830	10,032	4,361	8,208	5,426	7,350	2,977	3,724	5,204	2,147
Operating Profit	37,807	-11,376	-6,609	8,790	3,955	-2,503	-1,073	5,632	-4,457	115	160	-255	-491	779	156
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	25	45	19	27	25	36	50	28	18	12
Pre-Tax Profit	37,807	-11,376	-6,609	8,790	3,956	-2,478	-1,028	5,651	-4,430	141	196	-205	-463	797	168
Tax	-9,452	0	0	-1,670	-752	0	0	-1,130	0	-30	-45	0	0	-223	-47
Profit After Tax	28,355	-11,376	-6,609	7,120	3,204	-2,478	-1,028	4,521	-4,430	111	151	-205	-463	574	121
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	28,355	-11,376	-6,609	7,120	3,204	-2,478	-1,028	4,521	-4,430	111	151	-205	-463	574	121
Employee Costs	55,395	59,552	58,865	53,551	56,488	56,394	54,584	53,497	53,154	52,148	52,109	50,869	50,185	49,459	50,576
Number Of Employees	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
EBITDA*	37,807	-11,376	-6,609	8,790	3,955	-1,278	1,207	7,768	-293	115	4,226	2,489	3,283	3,359	1,897

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	21,132	3,822	6,077	6,825	3,961	1	1,226	2,788	1,439	5,603	9,214	10,973	9,566	10,321	6,964
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	21,132	3,822	6,077	6,825	3,961	1	1,226	2,788	1,439	5,603	9,214	10,973	9,566	10,321	6,964
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	30,158	3,014	12,388	18,467	11,053	1,824	2,563	1,924	3,601	4,250	6,450	2,700	3,175	5,250	2,000
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	397	6,385	11,467	3,904	7,042	2,995	11,519	8,520	2,519	4,699
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	30,158	3,014	12,388	18,467	11,053	2,221	8,948	13,391	7,505	11,292	9,445	14,219	11,695	7,769	6,699
total assets	51,290	6,836	18,465	25,292	15,014	2,222	10,174	16,179	8,944	16,895	18,659	25,192	21,261	18,090	13,663
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	17,253	11,181	2,305	2,128	12,107	4,348	9,822	14,799	12,085	15,606	17,481	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	775	1,752	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	23,350	18,439	13,828	11,648
total current liabilities	17,253	11,181	2,305	2,128	12,107	4,348	9,822	14,799	12,085	15,606	17,481	23,350	19,214	15,580	11,648
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	4,320	900	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	2,454	4,474	6,333	8,000	0	0	0	0	0	0	0	0	0	0	0
provisions	9,695	1,068	9,238	7,966	2,829	0	0	0	0	0	0	815	815	815	894
total long term liabilities	16,469	6,442	15,571	15,966	2,829	0	0	0	0	0	0	815	815	815	894
total liabilities	33,722	17,623	17,876	18,094	14,936	4,348	9,822	14,799	12,085	15,606	17,481	24,165	20,029	16,395	12,542
net assets	17,568	-10,787	589	7,198	78	-2,126	352	1,380	-3,141	1,289	1,178	1,027	1,232	1,695	1,121
total shareholders funds	17,568	-10,787	589	7,198	78	-2,126	352	1,380	-3,141	1,289	1,178	1,027	1,232	1,695	1,121

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	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	37,807	-11,376	-6,609	8,790	3,955	-2,503	-1,073	5,632	-4,457	115	160	-255	-491	779	156
Depreciation	0	0	0	0	0	1,225	2,280	2,136	4,164	0	4,066	2,744	3,774	2,580	1,741
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-9,452	0	0	-1,670	-752	0	0	-1,130	0	-30	-45	0	0	-223	-47
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	27,144	-9,374	-6,079	7,414	9,229	-739	639	-1,677	-649	-2,200	3,750	-475	-2,075	3,250	2,000
Creditors	6,072	8,876	177	-9,979	7,759	-5,474	-4,977	2,714	-3,521	-1,875	17,481	0	0	0	0
Accruals and Deferred Income	3,420	900	0	0	0	0	0	0	0	0	-23,350	4,911	4,611	2,180	11,648
Deferred Taxes & Provisions	8,627	-8,170	1,272	5,137	2,829	0	0	0	0	0	-815	0	0	-79	894
Cash flow from operations	19,330	-396	919	-5,136	4,562	-6,013	-4,409	11,029	-3,165	410	-6,253	7,875	9,969	1,987	12,392
Investing Activities
capital expenditure	-17,310	2,255	748	-2,864	-3,960	0	-718	-3,485	0	3,611	-2,307	-4,151	-3,019	-5,937	-8,705
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-17,310	2,255	748	-2,864	-3,960	0	-718	-3,485	0	3,611	-2,307	-4,151	-3,019	-5,937	-8,705
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	-775	-977	1,752	0
other long term liabilities	-2,020	-1,859	-1,667	8,000	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	-1,000	0	0	0	0	0	0	0	0	0	1,000
interest	0	0	0	0	0	25	45	19	27	25	36	50	28	18	12
cash flow from financing	-2,020	-1,859	-1,667	8,000	-1,000	25	45	19	27	25	36	-725	-949	1,770	1,012
cash and cash equivalents
cash	0	0	0	0	-397	-5,988	-5,082	7,563	-3,138	4,047	-8,524	2,999	6,001	-2,180	4,699
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	-397	-5,988	-5,082	7,563	-3,138	4,047	-8,524	2,999	6,001	-2,180	4,699

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for save progress ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in BR2 area or any other competitors across 12 key performance metrics.

SAVE PROGRESS LTD group structure

Save Progress Ltd has no subsidiary companies.

Ultimate parent company

SAVE PROGRESS LTD

06651646

SAVE PROGRESS LTD Shareholders

david hession

100%

Save Progress Ltd currently has 1 director, Mr David Hession serving since Jul 2008.

officer	country	age	start	end	role
Mr David Hession	United Kingdom	49 years	Jul 2008	-	Director

P&L

March 2024

turnover

102k

+567%

operating profit

37.8k

gross margin

18.9%

-18.23%

turnover

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

Balance Sheet

March 2024

net assets

17.6k

-2.63%

total assets

51.3k

+6.5%

cash

net assets

Total assets minus all liabilities

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company number

06651646

Type

Private limited with Share Capital

industry

73110 - Advertising agencies

incorporation date

July 2008

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

March 2024

address

12 constance crescent, 12 constance crescent, hayes, kent, BR2 7QJ

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save progress ltd Company Information

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save progress ltd Estimated Valuation

save progress ltd Estimated Valuation

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