61 ps ltd

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61 ps ltd Company Information

Share 61 PS LTD

Company Number

06843502

Shareholders

rushmore group ltd

Group Structure

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Industry

Dormant Company

 

Registered Address

grange cottage grange lane, london, SE21 7LH

61 ps ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of 61 PS LTD at £0 based on a Turnover of £1.7m and 0x industry multiple (adjusted for size and gross margin).

61 ps ltd Estimated Valuation

£60

Pomanda estimates the enterprise value of 61 PS LTD at £60 based on an EBITDA of £39 and a 1.53x industry multiple (adjusted for size and gross margin).

61 ps ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of 61 PS LTD at £0 based on Net Assets of £-734.1k and 0.54x industry multiple (adjusted for liquidity).

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61 Ps Ltd Overview

61 Ps Ltd is a live company located in london, SE21 7LH with a Companies House number of 06843502. It operates in the dormant company sector, SIC Code 99999. Founded in March 2009, it's largest shareholder is rushmore group ltd with a 100% stake. 61 Ps Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.7m with rapid growth in recent years.

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61 Ps Ltd Health Check

Pomanda's financial health check has awarded 61 Ps Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £1.7m, make it smaller than the average company (£7.8m)

£1.7m - 61 Ps Ltd

£7.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 57%, show it is growing at a faster rate (8%)

57% - 61 Ps Ltd

8% - Industry AVG

production

Production

with a gross margin of 18.6%, this company has a higher cost of product (33.8%)

18.6% - 61 Ps Ltd

33.8% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (4.6%)

0% - 61 Ps Ltd

4.6% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (61)

5 - 61 Ps Ltd

61 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.9k, the company has an equivalent pay structure (£41.9k)

£41.9k - 61 Ps Ltd

£41.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £336.9k, this is more efficient (£178.3k)

£336.9k - 61 Ps Ltd

£178.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - 61 Ps Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 128 days, this is slower than average (41 days)

128 days - 61 Ps Ltd

41 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - 61 Ps Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)

0 weeks - 61 Ps Ltd

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 2060.8%, this is a higher level of debt than the average (68.7%)

2060.8% - 61 Ps Ltd

68.7% - Industry AVG

61 PS LTD financials

EXPORTms excel logo

61 Ps Ltd's latest turnover from March 2024 is estimated at £1.7 million and the company has net assets of -£734.1 thousand. According to their latest financial statements, we estimate that 61 Ps Ltd has 5 employees and maintains cash reserves of £664 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,684,4421,583,1911,618,930431,583452,577471,421155,50062,118490,646426,589506,564568,116394,700259,7146
Other Income Or Grants
Cost Of Sales1,370,6161,291,2691,333,628361,074375,519392,887129,29851,963405,795352,109421,538475,685331,691220,7885
Gross Profit313,826291,922285,30270,51077,05878,53426,20210,15584,85174,47985,02692,43163,00938,9261
Admin Expenses313,786631,955462,055283,56477,36778,99226,55610,45885,01676,92085,17092,43263,01038,9261
Operating Profit40-340,033-176,753-213,054-309-458-354-303-165-2,441-144-1-1
Interest Payable756420
Interest Receivable35285112211
Pre-Tax Profit-340,069-176,768-213,053-308-458-354-303-163-2,439-144
Tax
Profit After Tax-340,069-176,768-213,053-308-458-354-303-163-2,439-144
Dividends Paid
Retained Profit-340,069-176,768-213,053-308-458-354-303-163-2,439-144
Employee Costs209,273194,532218,83670,77968,31467,01231,87230,99060,37960,99558,87357,77158,48228,80228,870
Number Of Employees556222112222211
EBITDA*40-340,033-176,753-213,054-309-458-354-303-165-2,441-144-1-1

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets277,588277,588277,588230,588230,588230,588230,588230,588230,588230,588230,588230,588230,588
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets277,588277,588277,588230,588230,588230,588230,588230,588230,588230,588230,588230,588230,588
Stock & work in progress
Trade Debtors7,30086,76239,42735,14313,868100,48092,050110,874120,65983,96955,8151
Group Debtors
Misc Debtors30,99530,995130,986102,3051,583
Cash6646646646641,848386513911818217615
misc current assets5,7785,77863,99322,8206,733
total current assets37,43737,437131,650110,26990,19339,42799,13636,688107,25192,701110,913120,77784,15155,99116
total assets37,43737,437409,238387,857367,781270,015329,724267,276337,839323,289341,501351,365314,739286,579230,604
Bank overdraft663663589
Bank loan
Trade Creditors 484,253484,253513,878318,473133,761273,87634,72113,884107,51392,700110,874120,65983,96955,885
Group/Directors Accounts2,600
other short term finances
hp & lease commitments
other current liabilities236,606236,606236,606236,606238,189
total current liabilities721,522721,522753,673555,079371,950273,87634,72113,884107,51392,700110,874120,65983,96955,885
loans
hp & lease commitments
Accruals and Deferred Income63,99322,820
other liabilities49,97349,97349,55450,000234,413233,621233,071233,171230,770230,705230,769230,693230,603
provisions
total long term liabilities49,97349,97349,55450,000298,406256,441233,071233,171230,770230,705230,769230,693230,603
total liabilities771,495771,495803,227605,079371,950273,876333,127270,325340,584325,871341,644351,364314,738286,578230,603
net assets-734,058-734,058-393,989-217,222-4,169-3,861-3,403-3,049-2,745-2,582-1431111
total shareholders funds-734,058-734,058-393,989-217,222-4,169-3,861-3,403-3,049-2,745-2,582-1431111
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit40-340,033-176,753-213,054-309-458-354-303-165-2,441-144-1-1
Depreciation
Amortisation
Tax
Stock
Debtors-99,99121,38121,26048,9184,28421,275-86,6128,430-18,824-9,78536,69028,15455,8141
Creditors-29,625195,405184,712-140,115239,15520,837-93,62914,813-18,174-9,78536,69028,08455,885
Accruals and Deferred Income-1,583238,189-63,99341,17322,820
Deferred Taxes & Provisions
Cash flow from operations40-269,667-2,729-51,18548,847170,42040,38115,5006,218-1,791-144-1-7171-1
Investing Activities
capital expenditure277,588-47,000-230,588
Change in Investments
cash flow from investments277,588-47,000-230,588
Financing Activities
Bank loans
Group/Directors Accounts-2,6002,600
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities419-44650,000-234,413792550-1002,40165-647690230,603
share issue1-11
interest-40-36-15112211
cash flow from financing-40-2,2172,14050,0011-234,413792549-982,40365-637790230,604
cash and cash equivalents
cash-1,1841,848-38-613612-79-64616115
overdraft74589
change in cash-74-589-1,1841,848-38-613612-79-64616115

61 ps 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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61 Ps Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for 61 ps ltd by selecting its closest rivals, whether from the ACTIVITIES OF EXTRATERRITORIAL ORGANISATIONS AND BODIES sector, other small companies, companies in SE21 area or any other competitors across 12 key performance metrics.

61 ps ltd Ownership

61 PS LTD group structure

61 Ps Ltd has no subsidiary companies.

Ultimate parent company

1 parent

61 PS LTD

06843502

61 PS LTD Shareholders

rushmore group ltd 100%

61 ps ltd directors

61 Ps Ltd currently has 1 director, Mr Jonathan Downey serving since Mar 2009.

officercountryagestartendrole
Mr Jonathan DowneyEngland59 years Mar 2009- Director

P&L

March 2024

turnover

1.7m

+6%

operating profit

39.7

0%

gross margin

18.7%

+1.04%

turnover

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

Balance Sheet

March 2024

net assets

-734.1k

0%

total assets

37.4k

0%

cash

664

0%

net assets

Total assets minus all liabilities

61 ps ltd company details

company number

06843502

Type

Private limited with Share Capital

industry

99999 - Dormant Company

incorporation date

March 2009

age

16

incorporated

UK

ultimate parent company

accounts

Dormant

last accounts submitted

March 2024

previous names

61 poland st ltd (September 2020)

accountant

-

auditor

-

address

grange cottage grange lane, london, SE21 7LH

Bank

-

Legal Advisor

-

61 ps 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 61 ps ltd.

61 ps 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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61 ps ltd Companies House Filings - See Documents

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