7 to 7 news limited
7 to 7 news limited Company Information
Company Number
07069509
Website
-Registered Address
6th floor, amp house, dingwall road, croydon, CR0 2LX
Industry
Retail sale in non-specialised stores with food, beverages or tobacco predominating
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
manveshkumar manubhai patel 75%
phalguni manveshkumar patel 25%
7 to 7 news limited Estimated Valuation
Pomanda estimates the enterprise value of 7 TO 7 NEWS LIMITED at £376.6k based on a Turnover of £1.7m and 0.22x industry multiple (adjusted for size and gross margin).
7 to 7 news limited Estimated Valuation
Pomanda estimates the enterprise value of 7 TO 7 NEWS LIMITED at £51.2k based on an EBITDA of £18.1k and a 2.83x industry multiple (adjusted for size and gross margin).
7 to 7 news limited Estimated Valuation
Pomanda estimates the enterprise value of 7 TO 7 NEWS LIMITED at £41.8k based on Net Assets of £16.5k and 2.54x industry multiple (adjusted for liquidity).
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7 To 7 News Limited Overview
7 To 7 News Limited is a live company located in croydon, CR0 2LX with a Companies House number of 07069509. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in November 2009, it's largest shareholder is manveshkumar manubhai patel with a 75% stake. 7 To 7 News Limited is a established, small sized company, Pomanda has estimated its turnover at £1.7m with high growth in recent years.
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7 To 7 News Limited Health Check
Pomanda's financial health check has awarded 7 To 7 News Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £1.7m, make it larger than the average company (£1m)
- 7 To 7 News Limited
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (6.2%)
- 7 To 7 News Limited
6.2% - Industry AVG
Production
with a gross margin of 16.2%, this company has a higher cost of product (23.3%)
- 7 To 7 News Limited
23.3% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (2.8%)
- 7 To 7 News Limited
2.8% - Industry AVG
Employees
with 7 employees, this is below the industry average (13)
7 - 7 To 7 News Limited
13 - Industry AVG
Pay Structure
on an average salary of £15.1k, the company has an equivalent pay structure (£15.1k)
- 7 To 7 News Limited
£15.1k - Industry AVG
Efficiency
resulting in sales per employee of £247k, this is more efficient (£107k)
- 7 To 7 News Limited
£107k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is later than average (6 days)
- 7 To 7 News Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 83 days, this is slower than average (26 days)
- 7 To 7 News Limited
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 7 To 7 News Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - 7 To 7 News Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.3%, this is a higher level of debt than the average (67.7%)
96.3% - 7 To 7 News Limited
67.7% - Industry AVG
7 to 7 news limited Credit Report and Business Information
7 To 7 News Limited Competitor Analysis
Perform a competitor analysis for 7 to 7 news limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
7 to 7 news limited Ownership
7 TO 7 NEWS LIMITED group structure
7 To 7 News Limited has no subsidiary companies.
Ultimate parent company
7 TO 7 NEWS LIMITED
07069509
7 to 7 news limited directors
7 To 7 News Limited currently has 2 directors. The longest serving directors include Mr Manveshkumar Patel (Aug 2014) and Mrs Patel (Jul 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Manveshkumar Patel | United Kingdom | 41 years | Aug 2014 | - | Director |
| Mrs Patel | England | 39 years | Jul 2021 | - | Director |
7 TO 7 NEWS LIMITED financials
7 To 7 News Limited's latest turnover from June 2023 is estimated at £1.7 million and the company has net assets of £16.5 thousand. According to their latest financial statements, 7 To 7 News Limited has 7 employees and maintains cash reserves of 0 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 2017 | Jun 2016 | Feb 2015 | Feb 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 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 | 7 | 6 | 5 | 5 | 4 | 4 | 4 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Feb 2015 | Feb 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 94,893 | 41,365 | 35,923 | 40,749 | 81,118 | 119,194 | 161,652 | 63,271 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 144,000 | 0 | 0 | 0 | 0 | 0 | 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 | 94,893 | 41,365 | 35,923 | 40,749 | 81,118 | 119,194 | 161,652 | 207,271 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,828 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 354,343 | 282,903 | 243,522 | 136,275 | 86,679 | 113,810 | 39,250 | 4,297 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 864 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17,451 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 354,343 | 283,767 | 243,522 | 136,275 | 86,679 | 113,810 | 39,250 | 47,576 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 449,236 | 325,132 | 279,445 | 177,024 | 167,797 | 233,004 | 200,902 | 254,847 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 330,573 | 321,751 | 277,917 | 171,539 | 127,904 | 173,918 | 150,094 | 217,248 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 330,573 | 321,751 | 277,917 | 171,539 | 127,904 | 173,918 | 150,094 | 217,248 | 0 | 0 | 0 | 0 | 0 | 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 | 230 | 454 | 901 | 920 | 6,118 | 6,118 | 5,018 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 101,945 | 0 | 0 | 0 | 29,845 | 43,097 | 29,613 | 9,583 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 102,175 | 454 | 901 | 920 | 35,963 | 49,215 | 34,631 | 9,583 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 432,748 | 322,205 | 278,818 | 172,459 | 163,867 | 223,133 | 184,725 | 226,831 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 16,488 | 2,927 | 627 | 4,565 | 3,930 | 9,871 | 16,177 | 28,016 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | 16,488 | 2,927 | 627 | 4,565 | 3,930 | 9,871 | 16,177 | 28,016 | 0 | 0 | 0 | 0 | 0 | 0 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Feb 2015 | Feb 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 13,943 | |||||||||||||
| Amortisation | 36,000 | |||||||||||||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -25,828 | 25,828 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 70,576 | 40,245 | 107,247 | 49,596 | -27,131 | 74,560 | 34,953 | 4,297 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 8,822 | 43,834 | 106,378 | 43,635 | -46,014 | 23,824 | -67,154 | 217,248 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -224 | -447 | -19 | -5,198 | 0 | 1,100 | 5,018 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| 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 | 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 | 101,945 | 0 | 0 | -29,845 | -13,252 | 13,484 | 20,030 | 9,583 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -17,451 | 17,451 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -17,451 | 17,451 | 0 | 0 | 0 | 0 | 0 | 0 |
P&L
June 2023turnover
1.7m
+12%
operating profit
18.1k
0%
gross margin
16.3%
-3.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
16.5k
+4.63%
total assets
449.2k
+0.38%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
7 to 7 news limited company details
company number
07069509
Type
Private limited with Share Capital
industry
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
November 2009
age
15
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
6th floor, amp house, dingwall road, croydon, CR0 2LX
last accounts submitted
June 2023
7 to 7 news 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 7 to 7 news limited.
7 to 7 news limited Companies House Filings - See Documents
| date | description | view/download |
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