change point limited
change point limited Company Information
Company Number
06863016
Website
www.changepointlearning.comRegistered Address
45, whetstone close, farquhar road, birmingham, west midlands, B15 2QN
Industry
Other education n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Clark Baim15 Years
Shareholders
clark baim 100%
change point limited Estimated Valuation
Pomanda estimates the enterprise value of CHANGE POINT LIMITED at £146.5k based on a Turnover of £188.4k and 0.78x industry multiple (adjusted for size and gross margin).
change point limited Estimated Valuation
Pomanda estimates the enterprise value of CHANGE POINT LIMITED at £0 based on an EBITDA of £-1.6k and a 3.81x industry multiple (adjusted for size and gross margin).
change point limited Estimated Valuation
Pomanda estimates the enterprise value of CHANGE POINT LIMITED at £72k based on Net Assets of £31.8k and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Change Point Limited Overview
Change Point Limited is a live company located in birmingham, B15 2QN with a Companies House number of 06863016. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in March 2009, it's largest shareholder is clark baim with a 100% stake. Change Point Limited is a established, micro sized company, Pomanda has estimated its turnover at £188.4k with high growth in recent years.
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Change Point Limited Health Check
Pomanda's financial health check has awarded Change Point Limited a 4 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
3 Strong
3 Regular
5 Weak
Size
annual sales of £188.4k, make it smaller than the average company (£455.1k)
- Change Point Limited
£455.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (3.9%)
- Change Point Limited
3.9% - Industry AVG
Production
with a gross margin of 56.8%, this company has a comparable cost of product (56.8%)
- Change Point Limited
56.8% - Industry AVG
Profitability
an operating margin of -1.6% make it less profitable than the average company (6%)
- Change Point Limited
6% - Industry AVG
Employees
with 1 employees, this is below the industry average (13)
1 - Change Point Limited
13 - Industry AVG
Pay Structure
on an average salary of £27.4k, the company has an equivalent pay structure (£27.4k)
- Change Point Limited
£27.4k - Industry AVG
Efficiency
resulting in sales per employee of £188.4k, this is more efficient (£48.9k)
- Change Point Limited
£48.9k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is later than average (18 days)
- Change Point Limited
18 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (24 days)
- Change Point Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Change Point Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 146 weeks, this is average cash available to meet short term requirements (133 weeks)
146 weeks - Change Point Limited
133 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.2%, this is a lower level of debt than the average (21.7%)
14.2% - Change Point Limited
21.7% - Industry AVG
CHANGE POINT LIMITED financials
Change Point Limited's latest turnover from March 2023 is estimated at £188.4 thousand and the company has net assets of £31.8 thousand. According to their latest financial statements, Change Point Limited has 1 employee and maintains cash reserves of £7.7 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 | 48,324 | 64,243 | 113,827 | 116,871 | 144,717 | 171,837 | 186,251 | 190,295 | 183,718 | 145,235 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 4,612 | 5,617 | 10,538 | 25,282 | 20,638 | 29,134 | 28,294 | 23,997 | 27,873 | 22,980 | ||||
| Gross Profit | 43,712 | 58,626 | 103,289 | 91,589 | 124,079 | 142,703 | 157,957 | 166,298 | 155,845 | 122,255 | ||||
| Admin Expenses | 17,596 | 29,939 | 70,859 | 74,674 | 61,962 | 90,774 | 89,190 | 66,708 | 76,418 | 55,444 | ||||
| Operating Profit | 26,116 | 28,687 | 32,430 | 16,915 | 62,117 | 51,929 | 68,767 | 99,590 | 79,427 | 66,811 | ||||
| Interest Payable | 0 | 0 | 0 | 157 | 329 | 223 | 216 | 21 | 1 | 15 | ||||
| Interest Receivable | 0 | 0 | 0 | 19 | 4 | 6 | 8 | 58 | 222 | 212 | ||||
| Pre-Tax Profit | 26,116 | 28,687 | 32,430 | 16,777 | 61,792 | 51,712 | 68,559 | 99,627 | 79,648 | 67,008 | ||||
| Tax | -4,962 | -5,450 | -6,162 | -3,188 | -11,740 | 0 | -14,104 | -20,372 | -12,076 | -14,000 | ||||
| Profit After Tax | 21,154 | 23,237 | 26,268 | 13,589 | 50,052 | 51,712 | 54,455 | 79,255 | 67,572 | 53,008 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 69,560 | 57,214 | 54,801 | ||||
| Retained Profit | 21,154 | 23,237 | 26,268 | 13,589 | 50,052 | 51,712 | 54,455 | 9,695 | 10,358 | -1,793 | ||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 1 | 1 | 2 | 2 | 2 | |||||||||
| EBITDA* | 27,270 | 29,974 | 35,856 | 20,698 | 64,999 | 54,902 | 71,727 | 102,684 | 82,307 | 69,789 |
* 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 | 3,037 | 2,347 | 987 | 1,474 | 2,200 | 371 | 553 | 527 | 787 | 581 | 769 | 970 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 800 | 3,500 | 6,200 | 8,900 | 11,600 | 14,300 | 15,000 | 17,500 | 20,000 | 22,500 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 3,037 | 2,347 | 987 | 2,274 | 5,700 | 6,571 | 9,453 | 12,127 | 15,087 | 15,581 | 18,269 | 20,970 | 22,500 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 26,255 | 7,371 | 16,242 | 17,525 | 14,305 | 28,108 | 12,484 | 23,933 | 25,862 | 47,339 | 35,805 | 6,592 | 12,648 | 2,000 |
| Group Debtors | 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 | 254 | 0 | 0 | 0 |
| Cash | 7,704 | 29,314 | 23,697 | 23,247 | 18,776 | 50,005 | 60,938 | 59,816 | 89,385 | 57,078 | 35,134 | 58,929 | 34,491 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 33,959 | 36,685 | 39,939 | 40,772 | 33,081 | 78,113 | 73,422 | 83,749 | 115,247 | 104,417 | 71,193 | 65,521 | 47,139 | 2,000 |
| total assets | 36,996 | 39,032 | 40,926 | 43,046 | 38,781 | 84,684 | 82,875 | 95,876 | 130,334 | 119,998 | 89,462 | 86,491 | 69,639 | 2,000 |
| 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 | 2,682 | 0 | 0 | 0 | 8,848 | 14,948 | 10,542 | 1,249 | 52,069 | 51,428 | 5,958 | 1,642 | 62,752 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27,543 | 27,890 | 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 | 50 | 0 | 0 | 8,016 | 6,715 | 21,158 | 30,443 | 35,107 | 0 | 0 | 40,219 | 51,575 | 0 | 0 |
| total current liabilities | 2,732 | 0 | 0 | 8,016 | 15,563 | 36,106 | 40,985 | 36,356 | 52,069 | 51,428 | 73,720 | 81,107 | 62,752 | 0 |
| 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 | 2,507 | 4,962 | 5,450 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 120 | 123 | 120 | 120 | 120 | 120 | 290 | 290 | 0 | 0 |
| total long term liabilities | 2,507 | 4,962 | 5,450 | 0 | 120 | 123 | 120 | 120 | 120 | 120 | 290 | 290 | 0 | 0 |
| total liabilities | 5,239 | 4,962 | 5,450 | 8,016 | 15,683 | 36,229 | 41,105 | 36,476 | 52,189 | 51,548 | 74,010 | 81,397 | 62,752 | 0 |
| net assets | 31,757 | 34,070 | 35,476 | 35,030 | 23,098 | 48,455 | 41,770 | 59,400 | 78,145 | 68,450 | 15,452 | 5,094 | 6,887 | 2,000 |
| total shareholders funds | 31,757 | 34,070 | 35,476 | 35,030 | 23,098 | 48,455 | 41,770 | 59,400 | 78,145 | 68,450 | 15,452 | 5,094 | 6,887 | 2,000 |
| 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 | 26,116 | 28,687 | 32,430 | 16,915 | 62,117 | 51,929 | 68,767 | 99,590 | 79,427 | 66,811 | ||||
| Depreciation | 1,497 | 1,154 | 487 | 726 | 1,083 | 182 | 273 | 260 | 394 | 288 | 380 | 478 | 0 | 0 |
| Amortisation | 0 | 0 | 800 | 2,700 | 2,700 | 2,700 | 2,700 | 2,700 | 2,700 | 2,500 | 2,500 | 2,500 | 2,500 | 0 |
| Tax | -4,962 | -5,450 | -6,162 | -3,188 | -11,740 | 0 | -14,104 | -20,372 | -12,076 | -14,000 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 18,884 | -8,871 | -1,283 | 3,220 | -13,803 | 15,624 | -11,449 | -1,929 | -21,477 | 11,280 | 29,467 | -6,056 | 10,648 | 2,000 |
| Creditors | 2,682 | 0 | 0 | -8,848 | -6,100 | 4,406 | 9,293 | -50,820 | 641 | 45,470 | 4,316 | -61,110 | 62,752 | 0 |
| Accruals and Deferred Income | 50 | 0 | -8,016 | 1,301 | -14,443 | -9,285 | -4,664 | 35,107 | 0 | -40,219 | -11,356 | 51,575 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -120 | -3 | 3 | 0 | 0 | 0 | -170 | 0 | 290 | 0 | 0 |
| Cash flow from operations | 31,179 | 17,791 | 18,807 | 10,767 | 32,759 | 70,980 | 43,839 | 104,430 | 33,724 | 52,600 | ||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 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 | -27,543 | -347 | 27,890 | 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 | -2,455 | -488 | 5,450 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | -138 | -325 | -217 | -208 | 37 | 221 | 197 | ||||
| cash flow from financing | -23,048 | -17,341 | -14,336 | -39,084 | -43,692 | -69,559 | -73,408 | 37 | -126 | 28,087 | ||||
| cash and cash equivalents | ||||||||||||||
| cash | -21,610 | 5,617 | 450 | 4,471 | -31,229 | -10,933 | 1,122 | -29,569 | 32,307 | 21,944 | -23,795 | 24,438 | 34,491 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -21,610 | 5,617 | 450 | 4,471 | -31,229 | -10,933 | 1,122 | -29,569 | 32,307 | 21,944 | -23,795 | 24,438 | 34,491 | 0 |
change point limited Credit Report and Business Information
Change Point Limited Competitor Analysis
Perform a competitor analysis for change point limited by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in B15 area or any other competitors across 12 key performance metrics.
change point limited Ownership
CHANGE POINT LIMITED group structure
Change Point Limited has no subsidiary companies.
Ultimate parent company
CHANGE POINT LIMITED
06863016
change point limited directors
Change Point Limited currently has 1 director, Mr Clark Baim serving since Mar 2009.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Clark Baim | United Kingdom | 60 years | Mar 2009 | - | Director |
P&L
March 2023turnover
188.4k
+290%
operating profit
-3.1k
0%
gross margin
56.9%
-37.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
31.8k
-0.07%
total assets
37k
-0.05%
cash
7.7k
-0.74%
net assets
Total assets minus all liabilities
change point limited company details
company number
06863016
Type
Private limited with Share Capital
industry
85590 - Other education n.e.c.
incorporation date
March 2009
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
45, whetstone close, farquhar road, birmingham, west midlands, B15 2QN
Bank
-
Legal Advisor
-
change point 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 change point limited.
change point limited Companies House Filings - See Documents
| date | description | view/download |
|---|
