convopiece ltd

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convopiece ltd Company Information

Share CONVOPIECE LTD

Company Number

07477070

Directors

Adrian Aldred

Shareholders

adrian aldred

Group Structure

View All

Industry

Other business support service activities n.e.c.

 

Registered Address

131 marston way, upper norwood, london, SE19 3JD

convopiece ltd Estimated Valuation

£18.6k

Pomanda estimates the enterprise value of CONVOPIECE LTD at £18.6k based on a Turnover of £47.7k and 0.39x industry multiple (adjusted for size and gross margin).

convopiece ltd Estimated Valuation

£5.3k

Pomanda estimates the enterprise value of CONVOPIECE LTD at £5.3k based on an EBITDA of £1.9k and a 2.86x industry multiple (adjusted for size and gross margin).

convopiece ltd Estimated Valuation

£3.8k

Pomanda estimates the enterprise value of CONVOPIECE LTD at £3.8k based on Net Assets of £1.8k and 2.13x industry multiple (adjusted for liquidity).

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Convopiece Ltd Overview

Convopiece Ltd is a live company located in london, SE19 3JD with a Companies House number of 07477070. 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 adrian aldred with a 100% stake. Convopiece Ltd is a established, micro sized company, Pomanda has estimated its turnover at £47.7k with declining growth in recent years.

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Convopiece Ltd Health Check

Pomanda's financial health check has awarded Convopiece Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £47.7k, make it smaller than the average company (£4.8m)

£47.7k - Convopiece Ltd

£4.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (6.7%)

-23% - Convopiece Ltd

6.7% - Industry AVG

production

Production

with a gross margin of 17%, this company has a higher cost of product (38.2%)

17% - Convopiece Ltd

38.2% - Industry AVG

profitability

Profitability

an operating margin of 3.9% make it less profitable than the average company (5.7%)

3.9% - Convopiece Ltd

5.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (27)

1 - Convopiece Ltd

27 - Industry AVG

paystructure

Pay Structure

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

£53.9k - Convopiece Ltd

£53.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £47.7k, this is less efficient (£171.2k)

£47.7k - Convopiece Ltd

£171.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Convopiece Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 35 days, this is close to average (32 days)

35 days - Convopiece Ltd

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Convopiece Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Convopiece Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 98.5%, this is a higher level of debt than the average (62.6%)

98.5% - Convopiece Ltd

62.6% - Industry AVG

CONVOPIECE LTD financials

EXPORTms excel logo

Convopiece Ltd's latest turnover from December 2023 is estimated at £47.7 thousand and the company has net assets of £1.8 thousand. According to their latest financial statements, Convopiece Ltd has 1 employee and maintains cash reserves of 0 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
Turnover47,67246,82929,206103,53345,65086,38943,14958,68535,19436,07525,64040,694
Other Income Or Grants
Cost Of Sales39,58538,83524,62386,74437,92172,10035,80849,06129,55330,38021,50333,835
Gross Profit8,0867,9944,58416,7907,72914,2897,3419,6255,6415,6954,1366,859
Admin Expenses6,2268,92910,2182,29113,118-1,5133,393-3,84742910,49010,4399,88917,264
Operating Profit1,860-935-5,63414,499-5,38915,8023,9483,8479,196-4,849-4,744-5,753-10,405
Interest Payable6562
Interest Receivable4499
Pre-Tax Profit1,860-935-5,63414,499-5,38915,8023,8833,7859,196-4,845-4,740-5,744-10,396
Tax-465-2,755-3,002-738-757-1,839
Profit After Tax1,395-935-5,63411,744-5,38912,8003,1453,0287,357-4,845-4,740-5,744-10,396
Dividends Paid
Retained Profit1,395-935-5,63411,744-5,38912,8003,1453,0287,357-4,845-4,740-5,744-10,396
Employee Costs53,89451,34548,83846,41445,96344,27541,94741,55741,53441,10140,08539,595
Number Of Employees111111111111
EBITDA*1,860-935-5,63414,499-5,38915,8023,9483,8479,196-4,849-4,744-5,753-10,405

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
Tangible Assets121,678121,972122,340121,7751,5001,2001,800
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets121,678121,972122,340121,7751,5001,2001,800
Stock & work in progress
Trade Debtors2,19635,5015,82325,2492491,2491,249
Group Debtors
Misc Debtors
Cash481,5453,446
misc current assets
total current assets2,19635,5015,82325,249482492,7941,2493,446
total assets121,678121,972124,536157,2767,32326,4491,800482492,7941,2493,446
Bank overdraft1,994
Bank loan
Trade Creditors 3,8605,5495,17821,61625,84413,99518,41525,97323,67317,38813,841
Group/Directors Accounts13,345
other short term finances
hp & lease commitments
other current liabilities
total current liabilities3,8605,5495,17821,61625,84413,99515,33918,41525,97323,67317,38813,841
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities116,032116,032118,032128,70012,107
provisions
total long term liabilities116,032116,032118,032128,70012,107
total liabilities119,892121,581123,210150,31612,10725,84413,99515,33918,41525,97323,67317,38813,841
net assets1,7863911,3266,960-4,784605-12,195-15,339-18,367-25,724-20,879-16,139-10,395
total shareholders funds1,7863911,3266,960-4,784605-12,195-15,339-18,367-25,724-20,879-16,139-10,395
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
Operating Activities
Operating Profit1,860-935-5,63414,499-5,38915,8023,9483,8479,196-4,849-4,744-5,753-10,405
Depreciation
Amortisation
Tax-465-2,755-3,002-738-757-1,839
Stock
Debtors-2,196-33,30529,678-19,42625,249-249-1,0001,249
Creditors-1,689371-16,43821,616-25,84411,84913,995-18,415-7,5582,3006,2853,54713,841
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-2941,63211,2333,682-11,807-60017,205-15,32548-1,5491,541-3,4553,436
Investing Activities
capital expenditure294368-565-120,275-300600-1,800
Change in Investments
cash flow from investments294368-565-120,275-300600-1,800
Financing Activities
Bank loans
Group/Directors Accounts-13,34513,345
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-2,000-10,668116,59312,107
share issue-11
interest-65-624499
cash flow from financing-2,000-10,668116,59312,107-13,41113,28344910
cash and cash equivalents
cash-4848-1,5451,545-3,4463,446
overdraft-1,9941,994
change in cash1,994-2,04248-1,5451,545-3,4463,446

convopiece 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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Convopiece Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for convopiece ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in SE19 area or any other competitors across 12 key performance metrics.

convopiece ltd Ownership

CONVOPIECE LTD group structure

Convopiece Ltd has no subsidiary companies.

Ultimate parent company

CONVOPIECE LTD

07477070

CONVOPIECE LTD Shareholders

adrian aldred 100%

convopiece ltd directors

Convopiece Ltd currently has 1 director, Mr Adrian Aldred serving since Jun 2011.

officercountryagestartendrole
Mr Adrian AldredUnited Kingdom47 years Jun 2011- Director

P&L

December 2023

turnover

47.7k

+2%

operating profit

1.9k

0%

gross margin

17%

-0.63%

turnover

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

Balance Sheet

December 2023

net assets

1.8k

+3.57%

total assets

121.7k

0%

cash

0

0%

net assets

Total assets minus all liabilities

convopiece ltd company details

company number

07477070

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

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

131 marston way, upper norwood, london, SE19 3JD

Bank

-

Legal Advisor

-

convopiece 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 did not find charges/mortgages relating to convopiece ltd.

convopiece 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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convopiece ltd Companies House Filings - See Documents

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