eleven miles limited Company Information
Company Number
06661625
Website
www.sideshowagency.comRegistered Address
avalon oxford road, bournemouth, BH8 8EZ
Industry
Advertising agencies
Telephone
02078460194
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
sideshow group limited 100%
eleven miles limited Estimated Valuation
Pomanda estimates the enterprise value of ELEVEN MILES LIMITED at £16.5m based on a Turnover of £14.3m and 1.15x industry multiple (adjusted for size and gross margin).
eleven miles limited Estimated Valuation
Pomanda estimates the enterprise value of ELEVEN MILES LIMITED at £30.5m based on an EBITDA of £4m and a 7.58x industry multiple (adjusted for size and gross margin).
eleven miles limited Estimated Valuation
Pomanda estimates the enterprise value of ELEVEN MILES LIMITED at £15.3m based on Net Assets of £7.7m and 1.98x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Eleven Miles Limited Overview
Eleven Miles Limited is a live company located in bournemouth, BH8 8EZ with a Companies House number of 06661625. It operates in the advertising agencies sector, SIC Code 73110. Founded in July 2008, it's largest shareholder is sideshow group limited with a 100% stake. Eleven Miles Limited is a established, mid sized company, Pomanda has estimated its turnover at £14.3m with healthy growth in recent years.
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Eleven Miles Limited Health Check
Pomanda's financial health check has awarded Eleven Miles Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
6 Strong
![positive_score](/assets/images/scoreRate1.png)
2 Regular
![positive_score](/assets/images/scoreRate0.png)
3 Weak
![size](/assets/images/scoreRate2.png)
Size
annual sales of £14.3m, make it larger than the average company (£7.4m)
£14.3m - Eleven Miles Limited
£7.4m - Industry AVG
![growth](/assets/images/scoreRate2.png)
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (2.2%)
- Eleven Miles Limited
2.2% - Industry AVG
![production](/assets/images/scoreRate2.png)
Production
with a gross margin of 89.5%, this company has a lower cost of product (44.1%)
89.5% - Eleven Miles Limited
44.1% - Industry AVG
![profitability](/assets/images/scoreRate2.png)
Profitability
an operating margin of 27.6% make it more profitable than the average company (5.6%)
27.6% - Eleven Miles Limited
5.6% - Industry AVG
![employees](/assets/images/scoreRate2.png)
Employees
with 98 employees, this is above the industry average (39)
98 - Eleven Miles Limited
39 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £49.7k, the company has an equivalent pay structure (£60.4k)
£49.7k - Eleven Miles Limited
£60.4k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £145.5k, this is less efficient (£173.2k)
£145.5k - Eleven Miles Limited
£173.2k - Industry AVG
![debtordays](/assets/images/scoreRate1.png)
Debtor Days
it gets paid by customers after 56 days, this is near the average (60 days)
56 days - Eleven Miles Limited
60 days - Industry AVG
![creditordays](/assets/images/scoreRate0.png)
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (41 days)
36 days - Eleven Miles Limited
41 days - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Eleven Miles Limited
- - Industry AVG
![cashbalance](/assets/images/scoreRate0.png)
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (19 weeks)
12 weeks - Eleven Miles Limited
19 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate2.png)
Debt Level
it has a ratio of liabilities to total assets of 26.8%, this is a lower level of debt than the average (66.1%)
26.8% - Eleven Miles Limited
66.1% - Industry AVG
ELEVEN MILES LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Eleven Miles Limited's latest turnover from March 2023 is £14.3 million and the company has net assets of £7.7 million. According to their latest financial statements, Eleven Miles Limited has 98 employees and maintains cash reserves of £672.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
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 | 14,262,075 | 10,184,202 | 12,593,456 | 7,680,472 | ||||||||||
Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||||||
Cost Of Sales | 1,501,086 | 1,261,427 | 199,131 | 219,410 | ||||||||||
Gross Profit | 12,760,989 | 8,922,775 | 12,394,325 | 7,461,062 | ||||||||||
Admin Expenses | 8,825,402 | 5,759,086 | 9,135,469 | 5,116,165 | ||||||||||
Operating Profit | 3,935,587 | 3,163,689 | 3,258,856 | 2,344,897 | ||||||||||
Interest Payable | 0 | 0 | 27,069 | 0 | ||||||||||
Interest Receivable | 3,235,497 | 2,060,000 | 10,865 | 5,900 | ||||||||||
Pre-Tax Profit | 5,530,134 | 5,223,689 | 3,242,652 | 2,350,797 | ||||||||||
Tax | 7,686 | -830,114 | -632,816 | -391,135 | ||||||||||
Profit After Tax | 5,537,820 | 4,393,575 | 2,609,836 | 1,959,662 | ||||||||||
Dividends Paid | 0 | 0 | 223,000 | 180,000 | ||||||||||
Retained Profit | 5,537,820 | 4,393,575 | 2,386,836 | 1,779,662 | ||||||||||
Employee Costs | 4,873,216 | 2,572,340 | 4,985,799 | 2,817,050 | ||||||||||
Number Of Employees | 98 | 50 | 38 | 34 | 31 | 129 | 88 | |||||||
EBITDA* | 4,027,221 | 3,188,924 | 3,802,891 | 2,383,064 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
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 | 168,108 | 96,832 | 65,494 | 93,325 | 101,051 | 287,044 | 159,775 | 140,315 | 73,511 | 74,604 | 83,162 | 49,300 | 58,571 | 7,534 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 3,506,410 | 1,317,883 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 6,206,611 | 7,847,561 | 7,828,561 | 7,289,337 | 6,765,200 | 0 | 0 | 327,813 | 258,906 | 182,493 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 6,374,719 | 7,944,393 | 7,894,055 | 7,382,662 | 6,866,251 | 3,793,454 | 1,477,658 | 468,128 | 332,417 | 257,097 | 83,162 | 49,300 | 58,571 | 7,534 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 68,357 | 64,411 | 0 | 0 | 0 | 0 | 0 | 10,871 | 11,200 |
Trade Debtors | 2,215,126 | 2,924,768 | 2,504,778 | 2,883,322 | 2,907,408 | 2,651,700 | 2,392,042 | 1,037,434 | 1,375,329 | 1,263,683 | 945,349 | 316,963 | 46,465 | 7,494 |
Group Debtors | 104,203 | 189,506 | 0 | 0 | 167,830 | 0 | 0 | 67,984 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,176,421 | 640,447 | 874,725 | 2,348,602 | 1,481,090 | 631,128 | 44,549 | 174,625 | 890 | 1,206 | 1,231 | 0 | 0 | 0 |
Cash | 672,849 | 1,380,971 | 584,879 | 5,642,630 | 3,987,247 | 5,238,670 | 4,076,893 | 3,059,036 | 2,158,039 | 895,251 | 524,186 | 120,358 | 60,625 | 3,182 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 4,168,599 | 5,135,692 | 3,964,382 | 10,874,554 | 8,543,575 | 8,589,855 | 6,577,895 | 4,339,079 | 3,534,258 | 2,160,140 | 1,470,766 | 437,321 | 117,961 | 21,876 |
total assets | 10,543,318 | 13,080,085 | 11,858,437 | 18,257,216 | 15,409,826 | 12,383,309 | 8,055,553 | 4,807,207 | 3,866,675 | 2,417,237 | 1,553,928 | 486,621 | 176,532 | 29,410 |
Bank overdraft | 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 |
Trade Creditors | 148,806 | 246,379 | 151,873 | 232,586 | 250,104 | 376,885 | 111,522 | 134,530 | 743,100 | 678,329 | 567,439 | 210,127 | 105,130 | 39,630 |
Group/Directors Accounts | 112,244 | 134,161 | 189,600 | 28,258 | 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 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 2,558,438 | 2,833,589 | 3,151,207 | 2,412,354 | 2,109,648 | 2,875,996 | 1,221,135 | 307,448 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 2,819,488 | 3,214,129 | 3,492,680 | 2,673,198 | 2,359,752 | 3,252,881 | 1,332,657 | 441,978 | 743,100 | 678,329 | 567,439 | 210,127 | 105,130 | 39,630 |
loans | 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 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 7,965 | 22,767 | 10,912 | 16,065 | 17,403 | 42,499 | 21,803 | 18,480 | 5,064 | 5,072 | 6,023 | 3,265 | 3,984 | 0 |
total long term liabilities | 7,965 | 22,767 | 10,912 | 16,065 | 17,403 | 42,499 | 21,803 | 18,480 | 5,064 | 5,072 | 6,023 | 3,265 | 3,984 | 0 |
total liabilities | 2,827,453 | 3,236,896 | 3,503,592 | 2,689,263 | 2,377,155 | 3,295,380 | 1,354,460 | 460,458 | 748,164 | 683,401 | 573,462 | 213,392 | 109,114 | 39,630 |
net assets | 7,715,865 | 9,843,189 | 8,354,845 | 15,567,953 | 13,032,671 | 9,087,929 | 6,701,093 | 4,346,749 | 3,118,511 | 1,733,836 | 980,466 | 273,229 | 67,418 | -10,220 |
total shareholders funds | 7,715,865 | 9,843,189 | 8,354,845 | 15,567,953 | 13,032,671 | 9,087,929 | 6,701,093 | 4,346,749 | 3,118,511 | 1,733,836 | 980,466 | 273,229 | 67,418 | -10,220 |
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 | 3,935,587 | 3,163,689 | 3,258,856 | 2,344,897 | ||||||||||
Depreciation | 91,634 | 25,235 | 41,049 | 20,881 | 20,308 | 101,830 | 38,167 | 18,045 | 11,709 | 12,974 | 13,636 | 14,800 | 3,805 | 555 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 442,205 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 7,686 | -830,114 | -632,816 | -391,135 | ||||||||||
Stock | 0 | 0 | 0 | 0 | -68,357 | 3,946 | 64,411 | 0 | 0 | 0 | 0 | -10,871 | -329 | 11,200 |
Debtors | -258,971 | 375,218 | -1,852,421 | 675,596 | 1,273,500 | 846,237 | 1,156,548 | -96,176 | 111,330 | 318,309 | 629,617 | 270,498 | 38,971 | 7,494 |
Creditors | -97,573 | 94,506 | -80,713 | -17,518 | -126,781 | 265,363 | -23,008 | -608,570 | 64,771 | 110,890 | 357,312 | 104,997 | 65,500 | 39,630 |
Accruals and Deferred Income | -275,151 | -317,618 | 738,853 | 302,706 | -766,348 | 1,654,861 | 913,687 | 307,448 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -14,802 | 11,855 | -5,153 | -1,338 | -25,096 | 20,696 | 3,323 | 13,416 | -8 | -951 | 2,758 | -719 | 3,984 | 0 |
Cash flow from operations | 3,906,352 | 1,772,335 | 4,260,812 | 1,664,972 | ||||||||||
Investing Activities | ||||||||||||||
capital expenditure | -861,991 | -1,301,864 | ||||||||||||
Change in Investments | -1,640,950 | 19,000 | 539,224 | 524,137 | 6,765,200 | 0 | -327,813 | 68,907 | 76,413 | 182,493 | 0 | 0 | 0 | 0 |
cash flow from investments | -861,991 | -974,051 | ||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -21,917 | -55,439 | 161,342 | 28,258 | 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 |
Long term loans | 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 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | 3,235,497 | 2,060,000 | -16,204 | 5,900 | ||||||||||
cash flow from financing | -4,451,564 | -900,670 | -16,204 | 580,582 | ||||||||||
cash and cash equivalents | ||||||||||||||
cash | -708,122 | 796,092 | -5,057,751 | 1,655,383 | -1,251,423 | 1,161,777 | 1,017,857 | 900,997 | 1,262,788 | 371,065 | 403,828 | 59,733 | 57,443 | 3,182 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -708,122 | 796,092 | -5,057,751 | 1,655,383 | -1,251,423 | 1,161,777 | 1,017,857 | 900,997 | 1,262,788 | 371,065 | 403,828 | 59,733 | 57,443 | 3,182 |
eleven miles limited Credit Report and Business Information
Eleven Miles Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for eleven miles limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
eleven miles limited Ownership
ELEVEN MILES LIMITED group structure
Eleven Miles Limited has 4 subsidiary companies.
Ultimate parent company
STANDBYCO 21 BV
#0125527
2 parents
ELEVEN MILES LIMITED
06661625
4 subsidiaries
eleven miles limited directors
Eleven Miles Limited currently has 5 directors. The longest serving directors include Mr Tony Hill (Nov 2010) and Mr Shane Coughlan (Jun 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Tony Hill | England | 56 years | Nov 2010 | - | Director |
Mr Shane Coughlan | England | 43 years | Jun 2019 | - | Director |
Mr Neil Dennis | England | 41 years | Mar 2022 | - | Director |
Mr Jonathan Russell | England | 56 years | Mar 2022 | - | Director |
Mr Mark Epps | England | 39 years | Mar 2024 | - | Director |
P&L
March 2023turnover
14.3m
+40%
operating profit
3.9m
+24%
gross margin
89.5%
+2.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
7.7m
-0.22%
total assets
10.5m
-0.19%
cash
672.8k
-0.51%
net assets
Total assets minus all liabilities
eleven miles limited company details
company number
06661625
Type
Private limited with Share Capital
industry
73110 - Advertising agencies
incorporation date
July 2008
age
16
accounts
Full Accounts
ultimate parent company
previous names
sideshow ltd (April 2022)
incorporated
UK
address
avalon oxford road, bournemouth, BH8 8EZ
last accounts submitted
March 2023
eleven miles 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 found 5 charges/mortgages relating to eleven miles limited. Currently there are 5 open charges and 0 have been satisfied in the past.
![charges](/assets/images/company_charges.png)
eleven miles limited Companies House Filings - See Documents
date | description | view/download |
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