more to life foundation cic
more to life foundation cic Company Information
Company Number
07401503
Website
www.moretolife.orgRegistered Address
124 city road, london, EC1V 2NX
Industry
Other education n.e.c.
Telephone
02074310922
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
more to life foundation cic Estimated Valuation
Pomanda estimates the enterprise value of MORE TO LIFE FOUNDATION CIC at £59.3k based on a Turnover of £64k and 0.93x industry multiple (adjusted for size and gross margin).
more to life foundation cic Estimated Valuation
Pomanda estimates the enterprise value of MORE TO LIFE FOUNDATION CIC at £0 based on an EBITDA of £-3.6k and a 4.54x industry multiple (adjusted for size and gross margin).
more to life foundation cic Estimated Valuation
Pomanda estimates the enterprise value of MORE TO LIFE FOUNDATION CIC at £0 based on Net Assets of £-518 and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
More To Life Foundation Cic Overview
More To Life Foundation Cic is a live company located in london, EC1V 2NX with a Companies House number of 07401503. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in October 2010, it's largest shareholder is unknown. More To Life Foundation Cic is a established, micro sized company, Pomanda has estimated its turnover at £64k with declining growth in recent years.
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More To Life Foundation Cic Health Check
Pomanda's financial health check has awarded More To Life Foundation Cic 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
3 Strong
1 Regular
6 Weak
Size
annual sales of £64k, make it smaller than the average company (£455.1k)
£64k - More To Life Foundation Cic
£455.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (3.9%)
-27% - More To Life Foundation Cic
3.9% - Industry AVG
Production
with a gross margin of 79.5%, this company has a lower cost of product (56.8%)
79.5% - More To Life Foundation Cic
56.8% - Industry AVG
Profitability
an operating margin of -5.7% make it less profitable than the average company (6%)
-5.7% - More To Life Foundation Cic
6% - Industry AVG
Employees
with 1 employees, this is below the industry average (13)
1 - More To Life Foundation Cic
13 - Industry AVG
Pay Structure
on an average salary of £29.3k, the company has an equivalent pay structure (£27.4k)
£29.3k - More To Life Foundation Cic
£27.4k - Industry AVG
Efficiency
resulting in sales per employee of £64k, this is more efficient (£48.9k)
£64k - More To Life Foundation Cic
£48.9k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is later than average (18 days)
71 days - More To Life Foundation Cic
18 days - Industry AVG
Creditor Days
its suppliers are paid after 359 days, this is slower than average (24 days)
359 days - More To Life Foundation Cic
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - More To Life Foundation Cic
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - More To Life Foundation Cic
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104.2%, this is a higher level of debt than the average (21.7%)
104.2% - More To Life Foundation Cic
21.7% - Industry AVG
MORE TO LIFE FOUNDATION CIC financials
More To Life Foundation Cic's latest turnover from March 2023 is £64 thousand and the company has net assets of -£518. According to their latest financial statements, More To Life Foundation Cic has 1 employee and maintains cash reserves of 0 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 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 63,992 | 86,199 | 110,111 | 167,550 | 151,235 | 177,279 | 93,682 | 213,357 | 246,549 | 322,975 | |||
| Other Income Or Grants | 0 | 0 | 5 | 33 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 13,153 | 13,272 | 21,458 | 113,396 | 102,231 | 71,732 | 30,819 | 119,498 | 142,293 | ||||
| Gross Profit | 50,839 | 72,927 | 88,658 | 54,187 | 49,004 | 105,547 | 62,863 | 93,859 | 180,682 | ||||
| Admin Expenses | 173,940 | ||||||||||||
| Operating Profit | 6,742 | ||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 66 | 0 | |||
| Interest Receivable | 0 | 0 | 0 | 0 | 16 | 9 | 13 | 36 | 17 | 38 | |||
| Pre-Tax Profit | -3,629 | 1,468 | 2,277 | 2,885 | -7,974 | 4,061 | 12,701 | -7,712 | 288 | 6,780 | |||
| Tax | 0 | -1,101 | 0 | -838 | -998 | 0 | 0 | 0 | -108 | 0 | |||
| Profit After Tax | -3,629 | 367 | 2,277 | 2,047 | -8,972 | 4,061 | 12,701 | -7,712 | 180 | 6,780 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Retained Profit | -3,629 | 367 | 2,277 | 2,047 | -8,972 | 4,061 | 12,701 | -7,712 | 180 | 6,780 | |||
| Employee Costs | 29,250 | 33,807 | 48,615 | 19,760 | 18,972 | 15,714 | 16,828 | 18,105 | 24,643 | 54,443 | |||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | |||||||
| EBITDA* | 7,154 |
* 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 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 309 | 618 | 927 | 1,236 | 1,648 | 2,197 | 2,930 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 309 | 618 | 927 | 1,236 | 1,648 | 2,197 | 2,930 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 12,453 | 16,074 | 22,368 | 31,878 | 11,063 | 26,258 | 33,891 | 35,442 | 28,141 | 20,490 | 3,725 | 11,186 | 6,511 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,518 | 7,662 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50,200 | 37,974 | 42,532 | 51,043 | 40,979 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 12,453 | 16,074 | 22,368 | 31,878 | 11,063 | 26,258 | 33,891 | 35,442 | 85,859 | 66,126 | 46,257 | 62,229 | 47,490 |
| total assets | 12,453 | 16,074 | 22,368 | 31,878 | 11,063 | 26,258 | 34,200 | 36,060 | 86,786 | 67,362 | 47,905 | 64,426 | 50,420 |
| Bank overdraft | 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 |
| Trade Creditors | 12,971 | 12,963 | 19,624 | 31,411 | 12,643 | 18,866 | 30,869 | 45,135 | 10,198 | 26,059 | 56,523 | 62,539 | 48,097 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 78,246 | 43,141 | 0 | 0 | 0 |
| total current liabilities | 12,971 | 12,963 | 19,624 | 31,411 | 12,643 | 18,866 | 30,869 | 45,135 | 88,444 | 69,200 | 56,523 | 62,539 | 48,097 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 295 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 295 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 12,971 | 12,963 | 19,624 | 31,411 | 12,643 | 18,866 | 30,869 | 45,430 | 88,444 | 69,200 | 56,523 | 62,539 | 48,097 |
| net assets | -518 | 3,111 | 2,744 | 467 | -1,580 | 7,392 | 3,331 | -9,370 | -1,658 | -1,838 | -8,618 | 1,887 | 2,323 |
| total shareholders funds | -518 | 3,111 | 2,744 | 467 | -1,580 | 7,392 | 3,331 | -9,370 | -1,658 | -1,838 | -8,618 | 1,887 | 2,323 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 6,742 | ||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 309 | 309 | 309 | 309 | 412 | 549 | 733 | 195 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | -1,101 | 0 | -838 | -998 | 0 | 0 | 0 | -108 | 0 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,621 | -6,294 | -9,510 | 20,815 | -15,195 | -7,633 | -1,551 | -217 | 7,507 | 24,427 | 3,725 | 4,675 | 6,511 |
| Creditors | 8 | -6,661 | -11,787 | 18,768 | -6,223 | -12,003 | -14,266 | 34,937 | -15,861 | -30,464 | 56,523 | 14,442 | 48,097 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | -295 | -77,951 | 35,105 | 43,141 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -4,596 | ||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 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 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | 0 | 0 | 0 | 0 | 16 | 9 | 13 | 36 | -49 | 38 | |||
| cash flow from financing | 0 | 0 | 0 | 0 | 16 | 9 | 13 | 36 | -49 | 38 | |||
| cash and cash equivalents | |||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -50,200 | 12,226 | -4,558 | 42,532 | 10,064 | 40,979 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -50,200 | 12,226 | -4,558 | 42,532 | 10,064 | 40,979 |
more to life foundation cic Credit Report and Business Information
More To Life Foundation Cic Competitor Analysis
Perform a competitor analysis for more to life foundation cic by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in EC1V area or any other competitors across 12 key performance metrics.
more to life foundation cic Ownership
MORE TO LIFE FOUNDATION CIC group structure
More To Life Foundation Cic has no subsidiary companies.
Ultimate parent company
MORE TO LIFE FOUNDATION CIC
07401503
more to life foundation cic directors
More To Life Foundation Cic currently has 2 directors. The longest serving directors include Ms Alyson Morley (Jul 2019) and Ms Katharine Bastin (Dec 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Alyson Morley | England | 70 years | Jul 2019 | - | Director |
| Ms Katharine Bastin | England | 70 years | Dec 2019 | - | Director |
P&L
March 2023turnover
64k
-26%
operating profit
-3.6k
0%
gross margin
79.5%
-6.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-518
-1.17%
total assets
12.5k
-0.23%
cash
0
0%
net assets
Total assets minus all liabilities
more to life foundation cic company details
company number
07401503
Type
Private Ltd By Guarantee w/o Share Cap
industry
85590 - Other education n.e.c.
incorporation date
October 2010
age
14
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
124 city road, london, EC1V 2NX
Bank
-
Legal Advisor
-
more to life foundation cic 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 more to life foundation cic.
more to life foundation cic Companies House Filings - See Documents
| date | description | view/download |
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