the one flat earth corporation limited
the one flat earth corporation limited Company Information
Company Number
07742306
Website
fieldagent.co.ukRegistered Address
office 2.14 2 angel square, london, EC1V 1NY
Industry
Other personal service activities n.e.c.
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
bemyeye holdings limited 100%
the one flat earth corporation limited Estimated Valuation
Pomanda estimates the enterprise value of THE ONE FLAT EARTH CORPORATION LIMITED at £244.8k based on a Turnover of £257.4k and 0.95x industry multiple (adjusted for size and gross margin).
the one flat earth corporation limited Estimated Valuation
Pomanda estimates the enterprise value of THE ONE FLAT EARTH CORPORATION LIMITED at £0 based on an EBITDA of £-52.6k and a 6.2x industry multiple (adjusted for size and gross margin).
the one flat earth corporation limited Estimated Valuation
Pomanda estimates the enterprise value of THE ONE FLAT EARTH CORPORATION LIMITED at £0 based on Net Assets of £-51.9k and 2.03x industry multiple (adjusted for liquidity).
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The One Flat Earth Corporation Limited Overview
The One Flat Earth Corporation Limited is a dissolved company that was located in london, EC1V 1NY with a Companies House number of 07742306. It operated in the other service activities n.e.c. sector, SIC Code 96090. Founded in August 2011, it's largest shareholder was bemyeye holdings limited with a 100% stake. The last turnover for The One Flat Earth Corporation Limited was estimated at £257.4k.
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The One Flat Earth Corporation Limited Health Check
Pomanda's financial health check has awarded The One Flat Earth Corporation Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 9 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
9 Weak
Size
annual sales of £257.4k, make it smaller than the average company (£881k)
£257.4k - The One Flat Earth Corporation Limited
£881k - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (4.1%)
-27% - The One Flat Earth Corporation Limited
4.1% - Industry AVG
Production
with a gross margin of 80.7%, this company has a lower cost of product (39.6%)
80.7% - The One Flat Earth Corporation Limited
39.6% - Industry AVG
Profitability
an operating margin of -21% make it less profitable than the average company (6.4%)
-21% - The One Flat Earth Corporation Limited
6.4% - Industry AVG
Employees
with 4 employees, this is below the industry average (16)
- The One Flat Earth Corporation Limited
16 - Industry AVG
Pay Structure
on an average salary of £28.2k, the company has an equivalent pay structure (£28.2k)
- The One Flat Earth Corporation Limited
£28.2k - Industry AVG
Efficiency
resulting in sales per employee of £64.3k, this is less efficient (£83.3k)
- The One Flat Earth Corporation Limited
£83.3k - Industry AVG
Debtor Days
it gets paid by customers after 171 days, this is later than average (31 days)
171 days - The One Flat Earth Corporation Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (39 days)
0 days - The One Flat Earth Corporation Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The One Flat Earth Corporation Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (37 weeks)
12 weeks - The One Flat Earth Corporation Limited
37 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 121.9%, this is a higher level of debt than the average (48.8%)
121.9% - The One Flat Earth Corporation Limited
48.8% - Industry AVG
THE ONE FLAT EARTH CORPORATION LIMITED financials
The One Flat Earth Corporation Limited's latest turnover from December 2018 is £257.4 thousand and the company has net assets of -£51.9 thousand. According to their latest financial statements, we estimate that The One Flat Earth Corporation Limited has 4 employees and maintains cash reserves of £67 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|
| Turnover | 257,399 | 450,804 | 675,442 | 643,649 | 352,392 | 429,255 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 49,776 | 298,293 | 374,663 | 411,436 | 184,019 | 247,735 | |
| Gross Profit | 207,623 | 152,511 | 300,779 | 232,213 | 168,373 | 181,520 | |
| Admin Expenses | 261,801 | 270,329 | 195,311 | 211,833 | 99,186 | 150,730 | |
| Operating Profit | -54,178 | -117,818 | 105,468 | 20,380 | 69,187 | 30,790 | |
| Interest Payable | 7,212 | 1,477 | 0 | 4 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 7 | |||
| Pre-Tax Profit | -61,390 | -119,295 | 105,468 | 20,376 | 69,187 | 30,797 | |
| Tax | 0 | 0 | -12,898 | 50 | -15,500 | -6,555 | |
| Profit After Tax | -61,390 | -119,295 | 92,570 | 20,426 | 53,687 | 24,242 | |
| Dividends Paid | 0 | 10,000 | 0 | 0 | 0 | 0 | |
| Retained Profit | -61,390 | -129,295 | 92,570 | 20,426 | 53,687 | 24,242 | |
| Employee Costs | |||||||
| Number Of Employees | 4 | 4 | |||||
| EBITDA* | -52,645 | -101,011 | 166,210 | 70,255 | 76,734 | 34,161 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,088 | 2,641 | 2,414 | 4,734 | 4,218 | 13,043 | 19,272 |
| Intangible Assets | 0 | 1,602 | 16,535 | 73,133 | 86,586 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,088 | 4,243 | 18,949 | 77,867 | 90,804 | 13,043 | 19,272 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 120,869 | 117,645 | 164,569 | 197,746 | 158,453 | 86,057 | 25,385 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 4,982 | 24,000 | 33,715 | 10,508 | 14,458 | 13,071 |
| Cash | 66,961 | 19,271 | 62,307 | 32,679 | 23,231 | 56,264 | 74,575 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 236,180 | 141,898 | 250,876 | 264,140 | 192,192 | 156,779 | 113,031 |
| total assets | 237,268 | 146,141 | 269,825 | 342,007 | 282,996 | 169,822 | 132,303 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 20 | 1,620 | 34,404 | 9,034 | 43,401 | 10,690 | 26,296 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 112,743 | 47,129 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 87,890 | 96,624 | 141,948 | 141,140 | 81,103 | 81,665 |
| total current liabilities | 289,156 | 136,639 | 131,028 | 150,982 | 184,541 | 91,793 | 107,961 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 289,156 | 136,639 | 131,028 | 150,982 | 184,541 | 91,793 | 107,961 |
| net assets | -51,888 | 9,502 | 138,797 | 191,025 | 98,455 | 78,029 | 24,342 |
| total shareholders funds | -51,888 | 9,502 | 138,797 | 191,025 | 98,455 | 78,029 | 24,342 |
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -54,178 | -117,818 | 105,468 | 20,380 | 69,187 | 30,790 | |
| Depreciation | 1,533 | 1,874 | 2,319 | 2,489 | 1,668 | 7,547 | 3,371 |
| Amortisation | 14,933 | 56,599 | 58,253 | 48,207 | 0 | 0 | |
| Tax | 0 | 0 | -12,898 | 50 | -15,500 | -6,555 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,758 | -65,942 | -42,892 | 62,500 | 68,446 | 62,059 | 38,456 |
| Creditors | -1,600 | -32,784 | 25,370 | -34,367 | 32,711 | -15,606 | 26,296 |
| Accruals and Deferred Income | -87,890 | -8,734 | -45,324 | 808 | 60,037 | -562 | 81,665 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -76,587 | 57,253 | 94,607 | -16,993 | 97,111 | ||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 65,614 | 47,129 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | 0 | -4 | 0 | 7 | |||
| cash flow from financing | 0 | -4 | 0 | 107 | |||
| cash and cash equivalents | |||||||
| cash | 47,690 | -43,036 | 29,628 | 9,448 | -33,033 | -18,311 | 74,575 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 47,690 | -43,036 | 29,628 | 9,448 | -33,033 | -18,311 | 74,575 |
the one flat earth corporation limited Credit Report and Business Information
The One Flat Earth Corporation Limited Competitor Analysis
Perform a competitor analysis for the one flat earth corporation limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other undefined companies, companies in EC1V area or any other competitors across 12 key performance metrics.
the one flat earth corporation limited Ownership
THE ONE FLAT EARTH CORPORATION LIMITED group structure
The One Flat Earth Corporation Limited has no subsidiary companies.
Ultimate parent company
1 parent
THE ONE FLAT EARTH CORPORATION LIMITED
07742306
the one flat earth corporation limited directors
The One Flat Earth Corporation Limited currently has 2 directors. The longest serving directors include Mr Luca Pagano (Dec 2017) and Mr Tajinder Sandhu (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Luca Pagano | England | 51 years | Dec 2017 | - | Director |
| Mr Tajinder Sandhu | Scotland | 56 years | Apr 2018 | - | Director |
P&L
December 2018turnover
257.4k
-43%
operating profit
-54.2k
-54%
gross margin
80.7%
+138.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
-51.9k
-6.46%
total assets
237.3k
+0.62%
cash
67k
+2.47%
net assets
Total assets minus all liabilities
the one flat earth corporation limited company details
company number
07742306
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
August 2011
age
13
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2018
previous names
field agent europe limited (June 2012)
accountant
-
auditor
BDO LLP
address
office 2.14 2 angel square, london, EC1V 1NY
Bank
-
Legal Advisor
-
the one flat earth corporation 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 found 1 charges/mortgages relating to the one flat earth corporation limited. Currently there are 1 open charges and 0 have been satisfied in the past.
the one flat earth corporation limited Companies House Filings - See Documents
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