contractors payment solutions ltd Company Information
Company Number
07594882
Next Accounts
Feb 2025
Shareholders
jonathan paul margrave
Group Structure
View All
Industry
Accounting, and auditing activities
+2Registered Address
4th floor allan house, 10 john princes street, london, W1G 0AH
Website
thecpsgroup.co.ukcontractors payment solutions ltd Estimated Valuation
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
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
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
1 Strong
2 Regular
7 Weak
Size
annual sales of £2.6m, make it smaller than the average company (£5.2m)
- Contractors Payment Solutions Ltd
£5.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Contractors Payment Solutions Ltd
- - Industry AVG
Production
with a gross margin of 48.2%, this company has a higher cost of product (71.9%)
- Contractors Payment Solutions Ltd
71.9% - Industry AVG
Profitability
an operating margin of -4.8% make it less profitable than the average company (20%)
- Contractors Payment Solutions Ltd
20% - Industry AVG
Employees
with 28 employees, this is below the industry average (46)
- Contractors Payment Solutions Ltd
46 - Industry AVG
Pay Structure
on an average salary of £32k, the company has an equivalent pay structure (£32k)
- Contractors Payment Solutions Ltd
£32k - Industry AVG
Efficiency
resulting in sales per employee of £91.7k, this is equally as efficient (£82.1k)
- Contractors Payment Solutions Ltd
£82.1k - Industry AVG
Debtor Days
it gets paid by customers after 85 days, this is later than average (43 days)
- Contractors Payment Solutions Ltd
43 days - Industry AVG
Creditor Days
its suppliers are paid after 268 days, this is slower than average (46 days)
- Contractors Payment Solutions Ltd
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Contractors Payment Solutions Ltd
- - Industry AVG
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
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
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 House, Pomanda Estimates
Sep 2013 | Sep 2012 | |
---|---|---|
Turnover | ||
Other Income Or Grants | ||
Cost Of Sales | ||
Gross Profit | ||
Admin Expenses | ||
Operating Profit | ||
Interest Payable | ||
Interest Receivable | ||
Pre-Tax Profit | ||
Tax | ||
Profit After Tax | ||
Dividends Paid | ||
Retained Profit | ||
Employee Costs | ||
Number Of Employees | ||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2013 | Sep 2012 | |
---|---|---|
Tangible Assets | 8,258 | 14,959 |
Intangible Assets | 0 | 0 |
Investments & Other | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 |
Total Fixed Assets | 8,258 | 14,959 |
Stock & work in progress | 0 | 0 |
Trade Debtors | 600,992 | 57,218 |
Group Debtors | 0 | 0 |
Misc Debtors | 0 | 0 |
Cash | 83,310 | 26,470 |
misc current assets | 0 | 0 |
total current assets | 684,302 | 83,688 |
total assets | 692,560 | 98,647 |
Bank overdraft | 0 | 0 |
Bank loan | 0 | 0 |
Trade Creditors | 980,361 | 198,543 |
Group/Directors Accounts | 0 | 0 |
other short term finances | 0 | 0 |
hp & lease commitments | 0 | 0 |
other current liabilities | 0 | 0 |
total current liabilities | 980,361 | 198,543 |
loans | 0 | 0 |
hp & lease commitments | 0 | 0 |
Accruals and Deferred Income | 0 | 0 |
other liabilities | 0 | 365,341 |
provisions | 0 | 0 |
total long term liabilities | 0 | 365,341 |
total liabilities | 980,361 | 563,884 |
net assets | -287,801 | -465,237 |
total shareholders funds | -287,801 | -465,237 |
Sep 2013 | Sep 2012 | |
---|---|---|
Operating Activities | ||
Operating Profit | ||
Depreciation | 7,368 | 7,368 |
Amortisation | 0 | 0 |
Tax | ||
Stock | 0 | 0 |
Debtors | 543,774 | 57,218 |
Creditors | 781,818 | 198,543 |
Accruals and Deferred Income | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 |
Cash flow from operations | ||
Investing Activities | ||
capital expenditure | ||
Change in Investments | 0 | 0 |
cash flow from investments | ||
Financing Activities | ||
Bank loans | 0 | 0 |
Group/Directors Accounts | 0 | 0 |
Other Short Term Loans | 0 | 0 |
Long term loans | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 |
other long term liabilities | -365,341 | 365,341 |
share issue | ||
interest | ||
cash flow from financing | ||
cash and cash equivalents | ||
cash | 56,840 | 26,470 |
overdraft | 0 | 0 |
change in cash | 56,840 | 26,470 |
contractors payment solutions ltd Credit Report and Business Information
Contractors Payment Solutions Ltd Competitor Analysis
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 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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Jonathan Margrave | United Kingdom | 54 years | Apr 2011 | - | Director |
Mr David O'Dea | United Kingdom | 44 years | Aug 2014 | - | Director |
P&L
September 2013turnover
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 2013net assets
-287.8k
-0.38%
total assets
692.6k
+6.02%
cash
83.3k
+2.15%
net assets
Total assets minus all liabilities
Similar Companies
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
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
date | description | view/download |
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