contractors payment solutions ltd

Dissolved 

contractors payment solutions ltd Company Information

Share CONTRACTORS PAYMENT SOLUTIONS LTD

Company Number

07594882

Shareholders

jonathan paul margrave

Group Structure

View All

Industry

Accounting, and auditing activities

 +2

Registered Address

4th floor allan house, 10 john princes street, london, W1G 0AH

contractors payment solutions ltd Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of CONTRACTORS PAYMENT SOLUTIONS LTD at £1.6m based on a Turnover of £2.6m and 0.63x industry multiple (adjusted for size and gross margin).

contractors payment solutions ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of CONTRACTORS PAYMENT SOLUTIONS LTD at £0 based on an EBITDA of £-115.5k and a 3.83x industry multiple (adjusted for size and gross margin).

contractors payment solutions ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of CONTRACTORS PAYMENT SOLUTIONS LTD at £0 based on Net Assets of £-287.8k and 2.94x industry multiple (adjusted for liquidity).

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Contractors Payment Solutions Ltd Overview

Contractors Payment Solutions Ltd is a dissolved company that was located in london, W1G 0AH with a Companies House number of 07594882. It operated in the accounting and auditing activities sector, SIC Code 69201. Founded in April 2011, it's largest shareholder was jonathan paul margrave with a 100% stake. The last turnover for Contractors Payment Solutions Ltd was estimated at £2.6m.

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Contractors Payment Solutions Ltd Health Check

Pomanda's financial health check has awarded Contractors Payment Solutions Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £2.6m, make it smaller than the average company (£5.2m)

£2.6m - Contractors Payment Solutions Ltd

£5.2m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Contractors Payment Solutions Ltd

- - Industry AVG

production

Production

with a gross margin of 48.2%, this company has a higher cost of product (71.9%)

48.2% - Contractors Payment Solutions Ltd

71.9% - Industry AVG

profitability

Profitability

an operating margin of -4.8% make it less profitable than the average company (20%)

-4.8% - Contractors Payment Solutions Ltd

20% - Industry AVG

employees

Employees

with 28 employees, this is below the industry average (46)

28 - Contractors Payment Solutions Ltd

46 - Industry AVG

paystructure

Pay Structure

on an average salary of £32k, the company has an equivalent pay structure (£32k)

£32k - Contractors Payment Solutions Ltd

£32k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £91.7k, this is equally as efficient (£82.1k)

£91.7k - Contractors Payment Solutions Ltd

£82.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 85 days, this is later than average (43 days)

85 days - Contractors Payment Solutions Ltd

43 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 268 days, this is slower than average (46 days)

268 days - Contractors Payment Solutions Ltd

46 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Contractors Payment Solutions Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (22 weeks)

4 weeks - Contractors Payment Solutions Ltd

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 141.6%, this is a higher level of debt than the average (69.1%)

141.6% - Contractors Payment Solutions Ltd

69.1% - Industry AVG

CONTRACTORS PAYMENT SOLUTIONS LTD financials

EXPORTms excel logo

Contractors Payment Solutions Ltd's latest turnover from September 2013 is estimated at £2.6 million and the company has net assets of -£287.8 thousand. According to their latest financial statements, we estimate that Contractors Payment Solutions Ltd has 28 employees and maintains cash reserves of £83.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2013Sep 2012
Turnover2,567,426264,787
Other Income Or Grants00
Cost Of Sales1,330,363146,866
Gross Profit1,237,062117,921
Admin Expenses1,359,900583,324
Operating Profit-122,838-465,403
Interest Payable00
Interest Receivable27466
Pre-Tax Profit-122,564-465,337
Tax00
Profit After Tax-122,564-465,337
Dividends Paid00
Retained Profit-122,564-465,337
Employee Costs896,54286,076
Number Of Employees283
EBITDA*-115,470-458,035

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2013Sep 2012
Tangible Assets8,25814,959
Intangible Assets00
Investments & Other00
Debtors (Due After 1 year)00
Total Fixed Assets8,25814,959
Stock & work in progress00
Trade Debtors600,99257,218
Group Debtors00
Misc Debtors00
Cash83,31026,470
misc current assets00
total current assets684,30283,688
total assets692,56098,647
Bank overdraft00
Bank loan00
Trade Creditors 980,361198,543
Group/Directors Accounts00
other short term finances00
hp & lease commitments00
other current liabilities00
total current liabilities980,361198,543
loans00
hp & lease commitments00
Accruals and Deferred Income00
other liabilities0365,341
provisions00
total long term liabilities0365,341
total liabilities980,361563,884
net assets-287,801-465,237
total shareholders funds-287,801-465,237
Sep 2013Sep 2012
Operating Activities
Operating Profit-122,838-465,403
Depreciation7,3687,368
Amortisation00
Tax00
Stock00
Debtors543,77457,218
Creditors781,818198,543
Accruals and Deferred Income00
Deferred Taxes & Provisions00
Cash flow from operations122,574-316,710
Investing Activities
capital expenditure-667-22,327
Change in Investments00
cash flow from investments-667-22,327
Financing Activities
Bank loans00
Group/Directors Accounts00
Other Short Term Loans 00
Long term loans00
Hire Purchase and Lease Commitments00
other long term liabilities-365,341365,341
share issue300,000100
interest27466
cash flow from financing-65,067365,507
cash and cash equivalents
cash56,84026,470
overdraft00
change in cash56,84026,470

contractors payment solutions 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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Contractors Payment Solutions Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for contractors payment solutions ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in W1G area or any other competitors across 12 key performance metrics.

contractors payment solutions ltd Ownership

CONTRACTORS PAYMENT SOLUTIONS LTD group structure

Contractors Payment Solutions Ltd has 3 subsidiary companies.

Ultimate parent company

CONTRACTORS PAYMENT SOLUTIONS LTD

07594882

3 subsidiaries

CONTRACTORS PAYMENT SOLUTIONS LTD Shareholders

jonathan paul margrave 100%

contractors payment solutions ltd directors

Contractors Payment Solutions Ltd currently has 2 directors. The longest serving directors include Mr Jonathan Margrave (Apr 2011) and Mr David O'Dea (Aug 2014).

officercountryagestartendrole
Mr Jonathan MargraveUnited Kingdom54 years Apr 2011- Director
Mr David O'DeaUnited Kingdom44 years Aug 2014- Director

P&L

September 2013

turnover

2.6m

+870%

operating profit

-122.8k

0%

gross margin

48.2%

+8.19%

turnover

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

Balance Sheet

September 2013

net assets

-287.8k

-0.38%

total assets

692.6k

+6.02%

cash

83.3k

+2.15%

net assets

Total assets minus all liabilities

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contractors payment solutions ltd company details

company number

07594882

Type

Private limited with Share Capital

industry

69202 - Bookkeeping activities

69201 - Accounting, and auditing activities

70100 - Activities of head offices

incorporation date

April 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Small

last accounts submitted

September 2013

previous names

N/A

accountant

-

auditor

-

address

4th floor allan house, 10 john princes street, london, W1G 0AH

Bank

-

Legal Advisor

-

contractors payment solutions 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 contractors payment solutions ltd.

contractors payment solutions 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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contractors payment solutions ltd Companies House Filings - See Documents

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