money simply matters ltd
money simply matters ltd Company Information
Company Number
06927674
Next Accounts
Mar 2025
Directors
Shareholders
richard david summerscales
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
hope park business centre, trevor foster way, bradford, west yorkshire, BD5 8HB
Website
moneysm.co.ukmoney simply matters ltd Estimated Valuation
Pomanda estimates the enterprise value of MONEY SIMPLY MATTERS LTD at £128.5k based on a Turnover of £159.6k and 0.81x industry multiple (adjusted for size and gross margin).
money simply matters ltd Estimated Valuation
Pomanda estimates the enterprise value of MONEY SIMPLY MATTERS LTD at £27.4k based on an EBITDA of £9.9k and a 2.78x industry multiple (adjusted for size and gross margin).
money simply matters ltd Estimated Valuation
Pomanda estimates the enterprise value of MONEY SIMPLY MATTERS LTD at £31.1k based on Net Assets of £23.8k and 1.31x industry multiple (adjusted for liquidity).
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Money Simply Matters Ltd Overview
Money Simply Matters Ltd is a live company located in bradford, BD5 8HB with a Companies House number of 06927674. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in June 2009, it's largest shareholder is richard david summerscales with a 100% stake. Money Simply Matters Ltd is a established, micro sized company, Pomanda has estimated its turnover at £159.6k with high growth in recent years.
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Money Simply Matters Ltd Health Check
Pomanda's financial health check has awarded Money Simply Matters Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £159.6k, make it smaller than the average company (£4.6m)
- Money Simply Matters Ltd
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (3.7%)
- Money Simply Matters Ltd
3.7% - Industry AVG
Production
with a gross margin of 16%, this company has a higher cost of product (56.6%)
- Money Simply Matters Ltd
56.6% - Industry AVG
Profitability
an operating margin of 5.8% make it less profitable than the average company (9.7%)
- Money Simply Matters Ltd
9.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (12)
2 - Money Simply Matters Ltd
12 - Industry AVG
Pay Structure
on an average salary of £75.3k, the company has an equivalent pay structure (£75.3k)
- Money Simply Matters Ltd
£75.3k - Industry AVG
Efficiency
resulting in sales per employee of £79.8k, this is less efficient (£201.2k)
- Money Simply Matters Ltd
£201.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Money Simply Matters Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (47 days)
- Money Simply Matters Ltd
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Money Simply Matters Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 397 weeks, this is more cash available to meet short term requirements (31 weeks)
397 weeks - Money Simply Matters Ltd
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.1%, this is a higher level of debt than the average (68.8%)
86.1% - Money Simply Matters Ltd
68.8% - Industry AVG
MONEY SIMPLY MATTERS LTD financials
Money Simply Matters Ltd's latest turnover from June 2023 is estimated at £159.6 thousand and the company has net assets of £23.8 thousand. According to their latest financial statements, Money Simply Matters Ltd has 2 employees and maintains cash reserves of £83.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | |||||||||||||
| Tax | |||||||||||||
| Profit After Tax | |||||||||||||
| Dividends Paid | |||||||||||||
| Retained Profit | |||||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 2 | 1 | 1 | 1 | 1 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 539 | 5,000 | 5,000 | 358 | 448 | 560 | |||||||
| Intangible Assets | |||||||||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | 87,713 | 124,073 | 164,073 | ||||||||||
| Total Fixed Assets | 87,713 | 124,073 | 164,073 | 539 | 5,000 | 5,000 | 358 | 448 | 560 | ||||
| Stock & work in progress | |||||||||||||
| Trade Debtors | 8,500 | 5,288 | 18,202 | 69,783 | |||||||||
| Group Debtors | |||||||||||||
| Misc Debtors | |||||||||||||
| Cash | 83,386 | 24,360 | 16,217 | 72,966 | 27,421 | 14,711 | 1 | 1,326 | 6,304 | 2,392 | |||
| misc current assets | |||||||||||||
| total current assets | 83,386 | 24,360 | 16,217 | 72,966 | 35,921 | 19,999 | 18,202 | 69,783 | 1 | 1,326 | 6,304 | 2,392 | |
| total assets | 171,099 | 148,433 | 180,290 | 72,966 | 36,460 | 19,999 | 23,202 | 74,783 | 1 | 1,684 | 6,752 | 2,952 | |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 10,899 | 9,399 | 9,021 | 27,897 | 4,148 | 2,158 | 2,158 | 62,365 | 2,591 | 7,075 | 3,376 | ||
| Group/Directors Accounts | |||||||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | |||||||||||||
| total current liabilities | 10,899 | 9,399 | 9,021 | 27,897 | 4,148 | 2,158 | 2,158 | 62,365 | 2,591 | 7,075 | 3,376 | ||
| loans | |||||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | 136,397 | 124,245 | 126,243 | ||||||||||
| provisions | |||||||||||||
| total long term liabilities | 136,397 | 124,245 | 126,243 | ||||||||||
| total liabilities | 147,296 | 133,644 | 135,264 | 27,897 | 4,148 | 2,158 | 2,158 | 62,365 | 2,591 | 7,075 | 3,376 | ||
| net assets | 23,803 | 14,789 | 45,026 | 45,069 | 32,312 | 17,841 | 21,044 | 12,418 | 1 | -907 | -323 | -424 | |
| total shareholders funds | 23,803 | 14,789 | 45,026 | 45,069 | 32,312 | 17,841 | 21,044 | 12,418 | 1 | -907 | -323 | -424 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 539 | 539 | 539 | 2,500 | 90 | 112 | |||||||
| Amortisation | |||||||||||||
| Tax | |||||||||||||
| Stock | |||||||||||||
| Debtors | -36,360 | -40,000 | 164,073 | -8,500 | 3,212 | 5,288 | -51,581 | 69,783 | |||||
| Creditors | 1,500 | 378 | -18,876 | 23,749 | 1,990 | 2,158 | -60,207 | 62,365 | -2,591 | -4,484 | 3,699 | 3,376 | |
| Accruals and Deferred Income | |||||||||||||
| Deferred Taxes & Provisions | |||||||||||||
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | |||||||||||||
| Other Short Term Loans | |||||||||||||
| Long term loans | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | 12,152 | -1,998 | 126,243 | ||||||||||
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 59,026 | 8,143 | -56,749 | 45,545 | 12,710 | 14,711 | -1 | -1,325 | -4,978 | 3,912 | 2,392 | ||
| overdraft | |||||||||||||
| change in cash | 59,026 | 8,143 | -56,749 | 45,545 | 12,710 | 14,711 | -1 | -1,325 | -4,978 | 3,912 | 2,392 |
money simply matters ltd Credit Report and Business Information
Money Simply Matters Ltd Competitor Analysis
Perform a competitor analysis for money simply matters ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in BD5 area or any other competitors across 12 key performance metrics.
money simply matters ltd Ownership
MONEY SIMPLY MATTERS LTD group structure
Money Simply Matters Ltd has no subsidiary companies.
Ultimate parent company
MONEY SIMPLY MATTERS LTD
06927674
money simply matters ltd directors
Money Simply Matters Ltd currently has 1 director, Mr Richard Summerscales serving since May 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Summerscales | 38 years | May 2014 | - | Director |
P&L
June 2023turnover
159.6k
+103%
operating profit
9.3k
0%
gross margin
16.1%
-5.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
23.8k
+0.61%
total assets
171.1k
+0.15%
cash
83.4k
+2.42%
net assets
Total assets minus all liabilities
money simply matters ltd company details
company number
06927674
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
June 2009
age
16
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
June 2023
previous names
N/A
accountant
BURTON VARLEY LTD
auditor
-
address
hope park business centre, trevor foster way, bradford, west yorkshire, BD5 8HB
Bank
-
Legal Advisor
-
money simply matters 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 money simply matters ltd.
money simply matters 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.
Click to start generating capital raising & share issue transactions for MONEY SIMPLY MATTERS LTD. This can take several minutes, an email will notify you when this has completed.
money simply matters ltd Companies House Filings - See Documents
| date | description | view/download |
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