six degrees social enterprise c.i.c.
six degrees social enterprise c.i.c. Company Information
Company Number
07576751
Website
http://six-degrees.org.ukRegistered Address
floor 8, 2 city approach, albert street, manchester, M30 0BL
Industry
Other human health activities
Telephone
01612124981
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
kelly hylton 100%
six degrees social enterprise c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of SIX DEGREES SOCIAL ENTERPRISE C.I.C. at £580k based on a Turnover of £1.4m and 0.4x industry multiple (adjusted for size and gross margin).
six degrees social enterprise c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of SIX DEGREES SOCIAL ENTERPRISE C.I.C. at £0 based on an EBITDA of £-86.5k and a 3.69x industry multiple (adjusted for size and gross margin).
six degrees social enterprise c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of SIX DEGREES SOCIAL ENTERPRISE C.I.C. at £2.2m based on Net Assets of £926.9k and 2.32x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Six Degrees Social Enterprise C.i.c. Overview
Six Degrees Social Enterprise C.i.c. is a live company located in manchester, M30 0BL with a Companies House number of 07576751. It operates in the other human health activities sector, SIC Code 86900. Founded in March 2011, it's largest shareholder is kelly hylton with a 100% stake. Six Degrees Social Enterprise C.i.c. is a established, small sized company, Pomanda has estimated its turnover at £1.4m with declining growth in recent years.
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Six Degrees Social Enterprise C.i.c. Health Check
Pomanda's financial health check has awarded Six Degrees Social Enterprise C.I.C. a 2 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
3 Strong
3 Regular
5 Weak
Size
annual sales of £1.4m, make it larger than the average company (£720.8k)
- Six Degrees Social Enterprise C.i.c.
£720.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (5.3%)
- Six Degrees Social Enterprise C.i.c.
5.3% - Industry AVG
Production
with a gross margin of 35.9%, this company has a comparable cost of product (35.9%)
- Six Degrees Social Enterprise C.i.c.
35.9% - Industry AVG
Profitability
an operating margin of -8.1% make it less profitable than the average company (6%)
- Six Degrees Social Enterprise C.i.c.
6% - Industry AVG
Employees
with 62 employees, this is above the industry average (19)
62 - Six Degrees Social Enterprise C.i.c.
19 - Industry AVG
Pay Structure
on an average salary of £24.6k, the company has an equivalent pay structure (£24.6k)
- Six Degrees Social Enterprise C.i.c.
£24.6k - Industry AVG
Efficiency
resulting in sales per employee of £23.3k, this is less efficient (£43.2k)
- Six Degrees Social Enterprise C.i.c.
£43.2k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (22 days)
- Six Degrees Social Enterprise C.i.c.
22 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is close to average (18 days)
- Six Degrees Social Enterprise C.i.c.
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Six Degrees Social Enterprise C.i.c.
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 112 weeks, this is less cash available to meet short term requirements (141 weeks)
112 weeks - Six Degrees Social Enterprise C.i.c.
141 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.4%, this is a higher level of debt than the average (21.7%)
41.4% - Six Degrees Social Enterprise C.i.c.
21.7% - Industry AVG
SIX DEGREES SOCIAL ENTERPRISE C.I.C. financials
Six Degrees Social Enterprise C.I.C.'s latest turnover from March 2023 is estimated at £1.4 million and the company has net assets of £926.9 thousand. According to their latest financial statements, Six Degrees Social Enterprise C.I.C. has 62 employees and maintains cash reserves of £1.4 million 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 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,070,649 | 1,837,353 | 1,519,834 | 1,413,055 | 1,456,495 | 1,443,229 | 1,265,051 | 1,085,969 | 1,184,311 | 642,039 | ||
| Other Income Or Grants | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 124,224 | 236,879 | 153,053 | |||||||||
| Gross Profit | 1,946,425 | 1,600,474 | 1,366,781 | |||||||||
| Admin Expenses | 1,771,102 | 1,562,955 | 1,344,382 | |||||||||
| Operating Profit | 175,323 | 37,519 | 22,399 | 78,353 | 45,198 | 63,396 | 4,854 | 193,787 | 45,552 | |||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Interest Receivable | 0 | 0 | 0 | 0 | 128 | 396 | 364 | 330 | 0 | 0 | ||
| Pre-Tax Profit | 175,323 | 37,519 | 22,399 | 173,321 | 78,481 | 45,594 | 63,760 | 5,184 | 193,787 | 45,552 | ||
| Tax | 772 | 29,133 | -10,109 | -31,561 | -18,236 | -11,658 | 0 | 0 | -38,757 | -9,110 | ||
| Profit After Tax | 176,095 | 66,652 | 12,290 | 141,760 | 60,245 | 33,936 | 63,760 | 5,184 | 155,030 | 36,442 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | 176,095 | 66,652 | 12,290 | 141,760 | 60,245 | 33,936 | 63,760 | 5,184 | 155,030 | 36,442 | ||
| Employee Costs | 1,450,141 | 1,189,643 | 1,195,312 | 1,003,635 | 1,011,457 | 520,800 | ||||||
| Number Of Employees | 62 | 54 | 62 | 55 | 42 | 38 | 38 | 42 | ||||
| EBITDA* | 195,373 | 53,418 | 48,518 | 91,050 | 57,895 | 76,093 | 4,854 | 193,787 | 45,552 |
* 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 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 67,387 | 42,552 | 47,920 | 52,154 | 17,091 | 37,483 | 25,395 | 38,092 | 50,789 | 0 | 0 | 0 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 67,387 | 42,552 | 47,920 | 52,154 | 17,091 | 37,483 | 25,395 | 38,092 | 50,789 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 247 | 338,926 | 422,433 | 99,795 | 2,720 | 1,919 | 258 | 1,737 | 10,208 | 29,000 | 18,375 | 48,217 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 99,781 | 43,404 | 54,542 | 55,252 | 18,588 | 0 | 126,741 | 144,717 | 92,028 | 8,924 | 12,546 | 15,922 |
| Cash | 1,414,562 | 1,302,289 | 927,214 | 559,374 | 651,984 | 495,914 | 332,549 | 151,189 | 390,982 | 327,809 | 258,332 | 246,230 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,514,590 | 1,684,619 | 1,404,189 | 714,421 | 673,292 | 497,833 | 459,548 | 297,643 | 493,218 | 365,733 | 289,253 | 310,369 |
| total assets | 1,581,977 | 1,727,171 | 1,452,109 | 766,575 | 690,383 | 535,316 | 484,943 | 335,735 | 544,007 | 365,733 | 289,253 | 310,369 |
| Bank overdraft | 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 |
| Trade Creditors | 43,099 | 41,869 | 53,620 | 89,367 | 95,450 | 0 | 56,410 | 11,641 | 11,956 | 26,577 | 21,100 | 23,153 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 609,190 | 691,053 | 637,989 | 91,999 | 83,380 | 38,959 | 73,936 | 29,742 | 271,635 | 142,500 | 76,681 | 250,774 |
| total current liabilities | 652,289 | 732,922 | 691,609 | 181,366 | 178,830 | 38,959 | 130,346 | 41,383 | 283,591 | 169,077 | 97,781 | 273,927 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 2,838 | 8,085 | 9,105 | 9,909 | 2,905 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,838 | 8,085 | 9,105 | 9,909 | 2,905 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 655,127 | 741,007 | 700,714 | 191,275 | 181,735 | 38,959 | 130,346 | 41,383 | 283,591 | 169,077 | 97,781 | 273,927 |
| net assets | 926,850 | 986,164 | 751,395 | 575,300 | 508,648 | 496,357 | 354,597 | 294,352 | 260,416 | 196,656 | 191,472 | 36,442 |
| total shareholders funds | 926,850 | 986,164 | 751,395 | 575,300 | 508,648 | 496,357 | 354,597 | 294,352 | 260,416 | 196,656 | 191,472 | 36,442 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 175,323 | 37,519 | 22,399 | 78,353 | 45,198 | 63,396 | 4,854 | 193,787 | 45,552 | |||
| Depreciation | 30,555 | 27,542 | 20,050 | 15,899 | 26,119 | 25,089 | 12,697 | 12,697 | 12,697 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 772 | 29,133 | -10,109 | -31,561 | -18,236 | -11,658 | 0 | 0 | -38,757 | -9,110 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -282,302 | -94,645 | 321,928 | 133,739 | 19,389 | -125,080 | -19,455 | 44,218 | 64,312 | 7,003 | -33,218 | 64,139 |
| Creditors | 1,230 | -11,751 | -35,747 | -6,083 | 95,450 | -56,410 | 44,769 | -315 | -14,621 | 5,477 | -2,053 | 23,153 |
| Accruals and Deferred Income | -81,863 | 53,064 | 545,990 | 8,619 | 44,421 | -34,977 | 44,194 | -241,893 | 129,135 | 65,819 | -174,093 | 250,774 |
| Deferred Taxes & Provisions | -5,247 | -1,020 | -804 | 7,004 | 2,905 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 383,656 | -41,648 | 161,796 | 181,232 | -240,189 | 126,295 | 69,147 | 12,102 | 246,230 | |||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 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 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | 0 | 0 | 0 | 0 | 128 | 396 | 364 | 330 | 0 | 0 | ||
| cash flow from financing | 0 | 0 | 1 | 0 | 128 | 396 | 364 | 330 | 0 | 0 | ||
| cash and cash equivalents | ||||||||||||
| cash | 112,273 | 375,075 | 367,840 | -92,610 | 156,070 | 163,365 | 181,360 | -239,793 | 63,173 | 69,477 | 12,102 | 246,230 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 112,273 | 375,075 | 367,840 | -92,610 | 156,070 | 163,365 | 181,360 | -239,793 | 63,173 | 69,477 | 12,102 | 246,230 |
six degrees social enterprise c.i.c. Credit Report and Business Information
Six Degrees Social Enterprise C.i.c. Competitor Analysis
Perform a competitor analysis for six degrees social enterprise c.i.c. by selecting its closest rivals and benchmarking them against 12 key performance metrics.
six degrees social enterprise c.i.c. Ownership
SIX DEGREES SOCIAL ENTERPRISE C.I.C. group structure
Six Degrees Social Enterprise C.I.C. has no subsidiary companies.
Ultimate parent company
SIX DEGREES SOCIAL ENTERPRISE C.I.C.
07576751
six degrees social enterprise c.i.c. directors
Six Degrees Social Enterprise C.I.C. currently has 10 directors. The longest serving directors include Ms Kelly Hylton (Mar 2017) and Mr Martin Patrick (Nov 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Kelly Hylton | England | 41 years | Mar 2017 | - | Director |
| Mr Martin Patrick | England | 66 years | Nov 2019 | - | Director |
| Mr Martin Gill | England | 56 years | Jan 2021 | - | Director |
| Mr Steven Pryjmachuk | England | 60 years | Apr 2021 | - | Director |
| Ms Jody Comiskey | England | 41 years | Jun 2021 | - | Director |
| Mr Dave Packwood | England | 57 years | Oct 2021 | - | Director |
| Mrs Jackie Barringer | England | 61 years | Jan 2022 | - | Director |
| Dr Ian Tasker | England | 55 years | Jul 2023 | - | Director |
| Miss Martyna Swieczkowska | England | 41 years | Apr 2024 | - | Director |
| Miss Catherine Webster | England | 58 years | Apr 2024 | - | Director |
P&L
March 2023turnover
1.4m
-52%
operating profit
-117k
0%
gross margin
35.9%
+0.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
926.9k
-0.06%
total assets
1.6m
-0.08%
cash
1.4m
+0.09%
net assets
Total assets minus all liabilities
Similar Companies
six degrees social enterprise c.i.c. company details
company number
07576751
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
March 2011
age
13
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
floor 8, 2 city approach, albert street, manchester, M30 0BL
last accounts submitted
March 2023
six degrees social enterprise c.i.c. 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 six degrees social enterprise c.i.c..
six degrees social enterprise c.i.c. Companies House Filings - See Documents
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