spotlite claims limited

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spotlite claims limited Company Information

Share SPOTLITE CLAIMS LIMITED

Company Number

07467956

Shareholders

woodgate & clark limited

Group Structure

View All

Industry

Other business support service activities n.e.c.

 

Registered Address

ground floor 4 victoria square, st albans, hertfordshire, AL1 3TF

spotlite claims limited Estimated Valuation

£526.5k

Pomanda estimates the enterprise value of SPOTLITE CLAIMS LIMITED at £526.5k based on a Turnover of £949k and 0.55x industry multiple (adjusted for size and gross margin).

spotlite claims limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SPOTLITE CLAIMS LIMITED at £0 based on an EBITDA of £-52.5k and a 4.06x industry multiple (adjusted for size and gross margin).

spotlite claims limited Estimated Valuation

£506.3k

Pomanda estimates the enterprise value of SPOTLITE CLAIMS LIMITED at £506.3k based on Net Assets of £237.3k and 2.13x industry multiple (adjusted for liquidity).

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Spotlite Claims Limited Overview

Spotlite Claims Limited is a live company located in hertfordshire, AL1 3TF with a Companies House number of 07467956. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 2010, it's largest shareholder is woodgate & clark limited with a 100% stake. Spotlite Claims Limited is a established, small sized company, Pomanda has estimated its turnover at £949k with healthy growth in recent years.

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Spotlite Claims Limited Health Check

Pomanda's financial health check has awarded Spotlite Claims Limited a 3 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

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £949k, make it smaller than the average company (£4.8m)

£949k - Spotlite Claims Limited

£4.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.7%)

9% - Spotlite Claims Limited

6.7% - Industry AVG

production

Production

with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)

38.2% - Spotlite Claims Limited

38.2% - Industry AVG

profitability

Profitability

an operating margin of -6.4% make it less profitable than the average company (5.7%)

-6.4% - Spotlite Claims Limited

5.7% - Industry AVG

employees

Employees

with 8 employees, this is below the industry average (27)

8 - Spotlite Claims Limited

27 - Industry AVG

paystructure

Pay Structure

on an average salary of £53.9k, the company has an equivalent pay structure (£53.9k)

£53.9k - Spotlite Claims Limited

£53.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £118.6k, this is less efficient (£171.3k)

£118.6k - Spotlite Claims Limited

£171.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 35 days, this is near the average (42 days)

35 days - Spotlite Claims Limited

42 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 63 days, this is slower than average (32 days)

63 days - Spotlite Claims Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Spotlite Claims Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 16 weeks, this is less cash available to meet short term requirements (22 weeks)

16 weeks - Spotlite Claims Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 47.9%, this is a lower level of debt than the average (62.6%)

47.9% - Spotlite Claims Limited

62.6% - Industry AVG

SPOTLITE CLAIMS LIMITED financials

EXPORTms excel logo

Spotlite Claims Limited's latest turnover from December 2023 is estimated at £949 thousand and the company has net assets of £237.3 thousand. According to their latest financial statements, Spotlite Claims Limited has 8 employees and maintains cash reserves of £68.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
Turnover949,0471,426,460904,078739,387649,555610,245548,045410,449431,106259,365304,905116,38571,297
Other Income Or Grants
Cost Of Sales586,662105,56147,378464,599405,773383,554342,235254,658274,102167,551198,68574,5577,549
Gross Profit362,3841,320,899856,700274,788243,782226,692205,810155,790157,00391,814106,22041,82863,748
Admin Expenses423,113676,808517,289135,291139,615240,821142,635150,950169,127-27,42437,631-47,97583,794
Operating Profit-60,729644,091339,411139,497104,167-14,12963,1754,840-12,124119,23868,58989,803-20,046
Interest Payable198
Interest Receivable6,0451,300213291,5361,0216134081,017826498293
Pre-Tax Profit-54,684645,391339,432139,826105,702-13,10863,7885,249-11,107120,06569,08790,096-20,244
Tax-122,325-67,380-26,567-20,083-12,120-1,050-25,214-15,890-21,623
Profit After Tax-54,684523,066272,052113,25985,619-13,10851,6684,199-11,10794,85153,19768,473-20,244
Dividends Paid875,00055,000
Retained Profit-54,684-351,934217,052113,25985,619-13,10851,6684,199-11,10794,85153,19768,473-20,244
Employee Costs431,416447,819418,152371,311367,759354,201335,571335,295290,89483,051123,24640,06139,588
Number Of Employees8998888872311
EBITDA*-52,513654,474352,663150,468115,004-2,22270,31511,547-5,339125,86073,13093,270-17,579

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
Tangible Assets20,22725,45334,93248,18316,09319,37124,8439,16815,50218,9553,2907,8317,372
Intangible Assets3,867
Investments & Other
Debtors (Due After 1 year)1,1631,1631,163
Total Fixed Assets24,09425,45334,93248,18316,09319,37126,00610,33116,66518,9553,2907,8317,372
Stock & work in progress
Trade Debtors91,979101,520105,012108,14282,06373,07255,59014,92330,56929,09835,08511,1806,748
Group Debtors100,000
Misc Debtors171,084317,447119,76528,42658,04287,363122,529144,4035,7012,305
Cash68,586161,707517,303399,583257,530152,019120,139124,931201,691205,103125,49273,54743,673
misc current assets
total current assets431,649580,674742,080536,151397,635312,454298,258284,257237,961234,201160,57784,72752,726
total assets455,743606,127777,012584,334413,728331,825324,264294,588254,626253,156163,86792,55860,098
Bank overdraft
Bank loan
Trade Creditors 101,48721,8565,2022,6921,8644,2018,7563,8092,28140,80544,23722,1331,583
Group/Directors Accounts50,99412,18318,10422,096
other short term finances
hp & lease commitments
other current liabilities110,890234,887118,694145,58095,48096,30270,14899,47663,97578,659
total current liabilities212,377307,737123,896148,27297,344100,50378,904103,28566,25652,98862,34144,22980,242
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities3,791
provisions6,0236,3639,1559,1552,7363,2934,2231,8343,100
total long term liabilities6,0236,3639,1559,1552,7363,2934,2231,8343,1003,791
total liabilities218,400314,100133,051157,427100,080103,79683,127105,11969,35656,77962,34144,22980,242
net assets237,343292,027643,961426,907313,648228,029241,137189,469185,270196,377101,52648,329-20,144
total shareholders funds237,343292,027643,961426,907313,648228,029241,137189,469185,270196,377101,52648,329-20,144
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
Operating Activities
Operating Profit-60,729644,091339,411139,497104,167-14,12963,1754,840-12,124119,23868,58989,803-20,046
Depreciation8,21610,38313,25210,97110,83711,9077,1406,7076,7856,6224,5413,4672,467
Amortisation
Tax-122,325-67,380-26,567-20,083-12,120-1,050-25,214-15,890-21,623
Stock
Debtors-55,904194,19088,209-3,537-20,330-18,84718,793123,0568,335-5,98723,9052,1279,053
Creditors79,63116,6542,510828-2,337-4,5554,9471,528-38,524-3,43222,10420,5501,583
Accruals and Deferred Income-123,997116,193-26,88650,100-82226,154-29,32835,50163,975-78,65978,659
Deferred Taxes & Provisions-340-2,7926,419-557-9302,389-1,2663,100
Cash flow from operations-41,315468,014172,698184,785111,53537,29417,410-76,79614,877103,20155,43911,41153,610
Investing Activities
capital expenditure-6,857-904-1-43,061-7,559-6,435-22,815-373-3,332-22,287-3,926-9,839
Change in Investments
cash flow from investments-6,857-904-1-43,061-7,559-6,435-22,815-373-3,332-22,287-3,926-9,839
Financing Activities
Bank loans
Group/Directors Accounts-50,99450,994-12,183-5,921-3,99222,096
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-3,7913,791
share issue2100
interest6,0451,300213291,5361,0216134081,017826498293-198
cash flow from financing-44,94952,294233291,5361,021613408-14,957-1,304-3,49422,389-98
cash and cash equivalents
cash-93,121-355,596117,720142,053105,51131,880-4,792-76,760-3,41279,61151,94529,87443,673
overdraft
change in cash-93,121-355,596117,720142,053105,51131,880-4,792-76,760-3,41279,61151,94529,87443,673

spotlite claims limited 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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Spotlite Claims Limited Competitor Analysis

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Perform a competitor analysis for spotlite claims limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in AL1 area or any other competitors across 12 key performance metrics.

spotlite claims limited Ownership

SPOTLITE CLAIMS LIMITED group structure

Spotlite Claims Limited has no subsidiary companies.

Ultimate parent company

RWTUV AG

#0101100

2 parents

SPOTLITE CLAIMS LIMITED

07467956

SPOTLITE CLAIMS LIMITED Shareholders

woodgate & clark limited 100%

spotlite claims limited directors

Spotlite Claims Limited currently has 5 directors. The longest serving directors include Ms Catharine Jones (Dec 2010) and Mr Phillip Scarrett (Mar 2022).

officercountryagestartendrole
Ms Catharine JonesUnited Kingdom62 years Dec 2010- Director
Mr Phillip ScarrettEngland64 years Mar 2022- Director
Mr Piet MiddelkoopEngland59 years Mar 2022- Director
Mr James EvelingUnited Kingdom53 years Aug 2023- Director
Mr Robert De BruijnUnited Kingdom39 years Aug 2023- Director

P&L

December 2023

turnover

949k

-33%

operating profit

-60.7k

0%

gross margin

38.2%

-58.76%

turnover

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

Balance Sheet

December 2023

net assets

237.3k

-0.19%

total assets

455.7k

-0.25%

cash

68.6k

-0.58%

net assets

Total assets minus all liabilities

spotlite claims limited company details

company number

07467956

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

December 2010

age

15

incorporated

UK

ultimate parent company

RWTUV AG

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

spotlight claims limited (January 2011)

accountant

-

auditor

-

address

ground floor 4 victoria square, st albans, hertfordshire, AL1 3TF

Bank

-

Legal Advisor

-

spotlite claims 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 spotlite claims limited.

spotlite claims limited 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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spotlite claims limited Companies House Filings - See Documents

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