spotlite claims limited
spotlite claims limited Company Information
Company Number
07467956
Next Accounts
154 days late
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
Website
www.spotliteclaims.comspotlite claims limited Estimated Valuation
Pomanda estimates the enterprise value of SPOTLITE CLAIMS LIMITED at £1.4m based on a Turnover of £1.4m and 0.98x industry multiple (adjusted for size and gross margin).
spotlite claims limited Estimated Valuation
Pomanda estimates the enterprise value of SPOTLITE CLAIMS LIMITED at £4.6m based on an EBITDA of £654.5k and a 7.04x industry multiple (adjusted for size and gross margin).
spotlite claims limited Estimated Valuation
Pomanda estimates the enterprise value of SPOTLITE CLAIMS LIMITED at £670.2k based on Net Assets of £292k and 2.3x 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 £1.4m with rapid growth in recent years.
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Spotlite Claims Limited Health Check
Pomanda's financial health check has awarded Spotlite Claims Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
2 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£4m)
£1.4m - Spotlite Claims Limited
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (3%)
- Spotlite Claims Limited
3% - Industry AVG
Production
with a gross margin of 92.6%, this company has a lower cost of product (38.2%)
92.6% - Spotlite Claims Limited
38.2% - Industry AVG
Profitability
an operating margin of 45.2% make it more profitable than the average company (6.2%)
45.2% - Spotlite Claims Limited
6.2% - Industry AVG
Employees
with 9 employees, this is below the industry average (25)
9 - Spotlite Claims Limited
25 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has an equivalent pay structure (£51.4k)
£49.8k - Spotlite Claims Limited
£51.4k - Industry AVG
Efficiency
resulting in sales per employee of £158.5k, this is equally as efficient (£162.2k)
£158.5k - Spotlite Claims Limited
£162.2k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (44 days)
25 days - Spotlite Claims Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 75 days, this is slower than average (33 days)
75 days - Spotlite Claims Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Spotlite Claims Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is average cash available to meet short term requirements (23 weeks)
27 weeks - Spotlite Claims Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.8%, this is a lower level of debt than the average (63.7%)
51.8% - Spotlite Claims Limited
63.7% - Industry AVG
SPOTLITE CLAIMS LIMITED financials
Spotlite Claims Limited's latest turnover from December 2022 is £1.4 million and the company has net assets of £292 thousand. According to their latest financial statements, Spotlite Claims Limited has 9 employees and maintains cash reserves of £161.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,426,460 | 904,078 | 71,297 | |||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 105,561 | 47,378 | 7,549 | |||||||||
| Gross Profit | 1,320,899 | 856,700 | 63,748 | |||||||||
| Admin Expenses | 676,808 | 517,289 | 83,794 | |||||||||
| Operating Profit | 644,091 | 339,411 | -20,046 | |||||||||
| Interest Payable | 198 | |||||||||||
| Interest Receivable | 1,300 | 21 | ||||||||||
| Pre-Tax Profit | 645,391 | 339,432 | -20,244 | |||||||||
| Tax | -122,325 | -67,380 | ||||||||||
| Profit After Tax | 523,066 | 272,052 | -20,244 | |||||||||
| Dividends Paid | 875,000 | 55,000 | ||||||||||
| Retained Profit | -351,934 | 217,052 | -20,244 | |||||||||
| Employee Costs | 447,819 | 418,152 | ||||||||||
| Number Of Employees | 9 | 9 | 8 | 8 | 8 | 8 | 8 | 7 | ||||
| EBITDA* | 654,474 | 352,663 | -17,579 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 25,453 | 34,932 | 48,183 | 16,093 | 19,371 | 24,843 | 9,168 | 15,502 | 18,955 | 3,290 | 7,831 | 7,372 |
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | 1,163 | 1,163 | 1,163 | |||||||||
| Total Fixed Assets | 25,453 | 34,932 | 48,183 | 16,093 | 19,371 | 26,006 | 10,331 | 16,665 | 18,955 | 3,290 | 7,831 | 7,372 |
| Stock & work in progress | ||||||||||||
| Trade Debtors | 101,520 | 105,012 | 108,142 | 82,063 | 73,072 | 55,590 | 14,923 | 30,569 | 29,098 | 35,085 | 11,180 | 6,748 |
| Group Debtors | ||||||||||||
| Misc Debtors | 317,447 | 119,765 | 28,426 | 58,042 | 87,363 | 122,529 | 144,403 | 5,701 | 2,305 | |||
| Cash | 161,707 | 517,303 | 399,583 | 257,530 | 152,019 | 120,139 | 124,931 | 201,691 | 205,103 | 125,492 | 73,547 | 43,673 |
| misc current assets | ||||||||||||
| total current assets | 580,674 | 742,080 | 536,151 | 397,635 | 312,454 | 298,258 | 284,257 | 237,961 | 234,201 | 160,577 | 84,727 | 52,726 |
| total assets | 606,127 | 777,012 | 584,334 | 413,728 | 331,825 | 324,264 | 294,588 | 254,626 | 253,156 | 163,867 | 92,558 | 60,098 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 21,856 | 5,202 | 2,692 | 1,864 | 4,201 | 8,756 | 3,809 | 2,281 | 40,805 | 44,237 | 22,133 | 1,583 |
| Group/Directors Accounts | 50,994 | 12,183 | 18,104 | 22,096 | ||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 234,887 | 118,694 | 145,580 | 95,480 | 96,302 | 70,148 | 99,476 | 63,975 | 78,659 | |||
| total current liabilities | 307,737 | 123,896 | 148,272 | 97,344 | 100,503 | 78,904 | 103,285 | 66,256 | 52,988 | 62,341 | 44,229 | 80,242 |
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | 3,791 | |||||||||||
| provisions | 6,363 | 9,155 | 9,155 | 2,736 | 3,293 | 4,223 | 1,834 | 3,100 | ||||
| total long term liabilities | 6,363 | 9,155 | 9,155 | 2,736 | 3,293 | 4,223 | 1,834 | 3,100 | 3,791 | |||
| total liabilities | 314,100 | 133,051 | 157,427 | 100,080 | 103,796 | 83,127 | 105,119 | 69,356 | 56,779 | 62,341 | 44,229 | 80,242 |
| net assets | 292,027 | 643,961 | 426,907 | 313,648 | 228,029 | 241,137 | 189,469 | 185,270 | 196,377 | 101,526 | 48,329 | -20,144 |
| total shareholders funds | 292,027 | 643,961 | 426,907 | 313,648 | 228,029 | 241,137 | 189,469 | 185,270 | 196,377 | 101,526 | 48,329 | -20,144 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 644,091 | 339,411 | -20,046 | |||||||||
| Depreciation | 10,383 | 13,252 | 10,971 | 10,837 | 11,907 | 7,140 | 6,707 | 6,785 | 6,622 | 4,541 | 3,467 | 2,467 |
| Amortisation | ||||||||||||
| Tax | -122,325 | -67,380 | ||||||||||
| Stock | ||||||||||||
| Debtors | 194,190 | 88,209 | -3,537 | -20,330 | -18,847 | 18,793 | 123,056 | 8,335 | -5,987 | 23,905 | 2,127 | 9,053 |
| Creditors | 16,654 | 2,510 | 828 | -2,337 | -4,555 | 4,947 | 1,528 | -38,524 | -3,432 | 22,104 | 20,550 | 1,583 |
| Accruals and Deferred Income | 116,193 | -26,886 | 50,100 | -822 | 26,154 | -29,328 | 35,501 | 63,975 | -78,659 | 78,659 | ||
| Deferred Taxes & Provisions | -2,792 | 6,419 | -557 | -930 | 2,389 | -1,266 | 3,100 | |||||
| Cash flow from operations | 468,014 | 172,698 | 53,610 | |||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | 50,994 | -12,183 | -5,921 | -3,992 | 22,096 | |||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | -3,791 | 3,791 | ||||||||||
| share issue | ||||||||||||
| interest | 1,300 | 21 | -198 | |||||||||
| cash flow from financing | 52,294 | 23 | -98 | |||||||||
| cash and cash equivalents | ||||||||||||
| cash | -355,596 | 117,720 | 142,053 | 105,511 | 31,880 | -4,792 | -76,760 | -3,412 | 79,611 | 51,945 | 29,874 | 43,673 |
| overdraft | ||||||||||||
| change in cash | -355,596 | 117,720 | 142,053 | 105,511 | 31,880 | -4,792 | -76,760 | -3,412 | 79,611 | 51,945 | 29,874 | 43,673 |
spotlite claims limited Credit Report and Business Information
Spotlite Claims Limited Competitor Analysis
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 directors
Spotlite Claims Limited currently has 5 directors. The longest serving directors include Ms Catharine Jones (Dec 2010) and Mr Piet Middelkoop (Mar 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Catharine Jones | United Kingdom | 61 years | Dec 2010 | - | Director |
| Mr Piet Middelkoop | England | 59 years | Mar 2022 | - | Director |
| Mr Phillip Scarrett | England | 64 years | Mar 2022 | - | Director |
| Mr Robert De Bruijn | United Kingdom | 39 years | Aug 2023 | - | Director |
| Mr James Eveling | United Kingdom | 53 years | Aug 2023 | - | Director |
P&L
December 2022turnover
1.4m
+58%
operating profit
644.1k
+90%
gross margin
92.6%
-2.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
292k
-0.55%
total assets
606.1k
-0.22%
cash
161.7k
-0.69%
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
accounts
Full Accounts
last accounts submitted
December 2022
previous names
spotlight claims limited (January 2011)
accountant
-
auditor
BDO LLP
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
| date | description | view/download |
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