science practice ltd

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science practice ltd Company Information

Share SCIENCE PRACTICE LTD

Company Number

07407806

Directors

James King

Shareholders

james king

Group Structure

View All

Industry

Specialised design activities

 

Registered Address

unit 2.09 brickfields,, 37 cremer street, london, E2 8HD

science practice ltd Estimated Valuation

£166.7k

Pomanda estimates the enterprise value of SCIENCE PRACTICE LTD at £166.7k based on a Turnover of £449.3k and 0.37x industry multiple (adjusted for size and gross margin).

science practice ltd Estimated Valuation

£231.2k

Pomanda estimates the enterprise value of SCIENCE PRACTICE LTD at £231.2k based on an EBITDA of £77.6k and a 2.98x industry multiple (adjusted for size and gross margin).

science practice ltd Estimated Valuation

£157.1k

Pomanda estimates the enterprise value of SCIENCE PRACTICE LTD at £157.1k based on Net Assets of £90k and 1.75x industry multiple (adjusted for liquidity).

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Science Practice Ltd Overview

Science Practice Ltd is a live company located in london, E2 8HD with a Companies House number of 07407806. It operates in the specialised design activities sector, SIC Code 74100. Founded in October 2010, it's largest shareholder is james king with a 100% stake. Science Practice Ltd is a established, micro sized company, Pomanda has estimated its turnover at £449.3k with rapid growth in recent years.

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Science Practice Ltd Health Check

Pomanda's financial health check has awarded Science Practice Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £449.3k, make it larger than the average company (£194.4k)

£449.3k - Science Practice Ltd

£194.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (13.4%)

32% - Science Practice Ltd

13.4% - Industry AVG

production

Production

with a gross margin of 48.6%, this company has a comparable cost of product (48.6%)

48.6% - Science Practice Ltd

48.6% - Industry AVG

profitability

Profitability

an operating margin of 16.6% make it more profitable than the average company (8.8%)

16.6% - Science Practice Ltd

8.8% - Industry AVG

employees

Employees

with 6 employees, this is above the industry average (2)

6 - Science Practice Ltd

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)

£31.2k - Science Practice Ltd

£31.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £74.9k, this is less efficient (£100k)

£74.9k - Science Practice Ltd

£100k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 80 days, this is near the average (71 days)

80 days - Science Practice Ltd

71 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 14 days, this is quicker than average (39 days)

14 days - Science Practice Ltd

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Science Practice 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 (25 weeks)

0 weeks - Science Practice Ltd

25 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 76.3%, this is a higher level of debt than the average (59.3%)

76.3% - Science Practice Ltd

59.3% - Industry AVG

SCIENCE PRACTICE LTD financials

EXPORTms excel logo

Science Practice Ltd's latest turnover from March 2024 is estimated at £449.3 thousand and the company has net assets of £90 thousand. According to their latest financial statements, Science Practice Ltd has 6 employees and maintains cash reserves of £153 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Oct 2014Oct 2013Oct 2012Oct 2011
Turnover449,289218,966407,395194,636418,359455,472513,010214,2031,099,283558,432346,98930,642490,76634,588
Other Income Or Grants
Cost Of Sales231,176122,526189,67396,471183,671199,059216,83786,295448,211216,885123,3449,729198,17514,782
Gross Profit218,11396,439217,72298,164234,688256,413296,173127,908651,072341,547223,64520,914292,59119,805
Admin Expenses143,663175,285228,130130,671169,662434,444320,294263,042630,699402,517-369,422113,140136,77016,528
Operating Profit74,450-78,846-10,408-32,50765,026-178,031-24,121-135,13420,373-60,970593,067-92,226155,8213,277
Interest Payable7,4034,3273,5553,0201,925842
Interest Receivable1,0061,201580739180200908891,8591,1102481851
Pre-Tax Profit68,052-81,972-13,383-35,45463,110-178,693-23,921-135,04421,261-59,111594,177-91,978156,0073,278
Tax-17,013-11,991-4,252-124,777-37,442-852
Profit After Tax51,039-81,972-13,383-35,45451,119-178,693-23,921-135,04417,009-59,111469,400-91,978118,5652,426
Dividends Paid
Retained Profit51,039-81,972-13,383-35,45451,119-178,693-23,921-135,04417,009-59,111469,400-91,978118,5652,426
Employee Costs187,034151,286137,966157,848118,165243,538201,826151,183404,517208,491124,33535,623178,38031,835
Number Of Employees665646541153151
EBITDA*77,558-75,829-7,693-30,46166,066-175,042-18,847-128,47227,296-58,388597,678-90,522156,5963,555

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Oct 2014Oct 2013Oct 2012Oct 2011
Tangible Assets3,0695,2247,0377,5865981,8583,4838,75713,65415,45316,09410,2933,6722,124
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets3,0695,2247,0377,5865981,8583,4838,75713,65415,45316,09410,2933,6722,124
Stock & work in progress
Trade Debtors99,05918,000107,13619,200100,50698,816112,90827,636187,36096,65558,8014,26175,7385,345
Group Debtors
Misc Debtors277,79199,502109,41291,518170,293173,530311,966258,600285,57413,70917,776
Cash15338,15518,353136,1899,0899,89538,17941,81830,477324,930418,65725,33373,784404
misc current assets2,310
total current assets377,003155,657234,901246,907279,888282,241463,053330,364503,411435,294495,23429,594149,5225,749
total assets380,072160,881241,938254,493280,486284,099466,536339,121517,065450,747511,32839,887153,1947,873
Bank overdraft21,18711,3439,64616,35327,33124,953
Bank loan
Trade Creditors 9,31514,77216,7477,4767,53026,26749749116011,44412,91410,87332,2025,446
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities188,32465,88958,43551,86265,01576,057138,06717,36260,593
total current liabilities218,82692,00484,82875,69199,876127,277138,56417,85360,75311,44412,91410,87332,2025,446
loans70,47628,60734,83744,48310,837
hp & lease commitments
Accruals and Deferred Income
other liabilities38,16830,625
provisions7671,3061,337
total long term liabilities71,24329,91336,17444,48310,83738,16830,625
total liabilities290,069121,917121,002120,174110,713165,445169,18917,85360,75311,44412,91410,87332,2025,446
net assets90,00338,964120,936134,319169,773118,654297,347321,268456,312439,303498,41429,014120,9922,427
total shareholders funds90,00338,964120,936134,319169,773118,654297,347321,268456,312439,303498,41429,014120,9922,427
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Oct 2014Oct 2013Oct 2012Oct 2011
Operating Activities
Operating Profit74,450-78,846-10,408-32,50765,026-178,031-24,121-135,13420,373-60,970593,067-92,226155,8213,277
Depreciation3,1083,0172,7152,0461,0402,9895,2746,6626,9232,5824,6111,704775278
Amortisation
Tax-17,013-11,991-4,252-124,777-37,442-852
Stock
Debtors259,348-99,046105,830-160,081-1,547-152,528138,638-186,698362,57033,78772,316-71,47770,3935,345
Creditors-5,457-1,9759,271-54-18,73725,7706331-11,284-1,4702,041-21,32926,7565,446
Accruals and Deferred Income122,4357,4546,573-13,153-11,042-62,010120,705-43,23160,593
Deferred Taxes & Provisions-539-311,337
Cash flow from operations-82,36428,665-96,342116,41325,843-58,754-36,77415,326-290,217-93,645402,626-40,37475,5172,804
Investing Activities
capital expenditure-953-1,204-2,166-9,034220-1,364-1,765-5,124-1,941-10,412-8,325-2,323-2,402
Change in Investments
cash flow from investments-953-1,204-2,166-9,034220-1,364-1,765-5,124-1,941-10,412-8,325-2,323-2,402
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans41,869-6,230-9,64633,64610,837
Hire Purchase and Lease Commitments
other long term liabilities-38,1687,54330,625
share issue1
interest-6,397-3,126-2,975-2,947-1,916-662200908891,8591,1102481851
cash flow from financing35,472-9,356-12,62130,699-29,2476,88130,825908891,8591,1102481852
cash and cash equivalents
cash-38,00219,802-117,836127,100-806-28,284-3,63911,341-294,453-93,727393,324-48,45173,380404
overdraft9,8441,697-6,707-10,9782,37824,953
change in cash-47,84618,105-111,129138,078-3,184-53,237-3,63911,341-294,453-93,727393,324-48,45173,380404

science practice 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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Science Practice Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for science practice ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in E 2 area or any other competitors across 12 key performance metrics.

science practice ltd Ownership

SCIENCE PRACTICE LTD group structure

Science Practice Ltd has no subsidiary companies.

Ultimate parent company

SCIENCE PRACTICE LTD

07407806

SCIENCE PRACTICE LTD Shareholders

james king 100%

science practice ltd directors

Science Practice Ltd currently has 1 director, Mr James King serving since Oct 2010.

officercountryagestartendrole
Mr James KingEngland43 years Oct 2010- Director

P&L

March 2024

turnover

449.3k

+105%

operating profit

74.4k

0%

gross margin

48.6%

+10.22%

turnover

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

Balance Sheet

March 2024

net assets

90k

+1.31%

total assets

380.1k

+1.36%

cash

153

-1%

net assets

Total assets minus all liabilities

science practice ltd company details

company number

07407806

Type

Private limited with Share Capital

industry

74100 - Specialised design activities

incorporation date

October 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

CHADSAN LIMITED

auditor

-

address

unit 2.09 brickfields,, 37 cremer street, london, E2 8HD

Bank

-

Legal Advisor

-

science practice 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 found 1 charges/mortgages relating to science practice ltd. Currently there are 1 open charges and 0 have been satisfied in the past.

science practice 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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science practice ltd Companies House Filings - See Documents

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