starmode networks limited
starmode networks limited Company Information
Company Number
07809579
Next Accounts
9 days late
Shareholders
simon henry douglas
sander fox douglas
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
4-4a blackburn road, accrington, BB5 1HD
Website
http://renault-spares.co.ukstarmode networks limited Estimated Valuation
Pomanda estimates the enterprise value of STARMODE NETWORKS LIMITED at £230k based on a Turnover of £210.1k and 1.09x industry multiple (adjusted for size and gross margin).
starmode networks limited Estimated Valuation
Pomanda estimates the enterprise value of STARMODE NETWORKS LIMITED at £0 based on an EBITDA of £-45.8k and a 4.55x industry multiple (adjusted for size and gross margin).
starmode networks limited Estimated Valuation
Pomanda estimates the enterprise value of STARMODE NETWORKS LIMITED at £887 based on Net Assets of £662 and 1.34x industry multiple (adjusted for liquidity).
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Starmode Networks Limited Overview
Starmode Networks Limited is a live company located in accrington, BB5 1HD with a Companies House number of 07809579. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in October 2011, it's largest shareholder is simon henry douglas with a 50% stake. Starmode Networks Limited is a established, micro sized company, Pomanda has estimated its turnover at £210.1k with healthy growth in recent years.
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Starmode Networks Limited Health Check
Pomanda's financial health check has awarded Starmode Networks Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £210.1k, make it smaller than the average company (£18.5m)
- Starmode Networks Limited
£18.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (7.9%)
- Starmode Networks Limited
7.9% - Industry AVG
Production
with a gross margin of 34.8%, this company has a comparable cost of product (34.8%)
- Starmode Networks Limited
34.8% - Industry AVG
Profitability
an operating margin of -23.2% make it less profitable than the average company (4.8%)
- Starmode Networks Limited
4.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (103)
2 - Starmode Networks Limited
103 - Industry AVG
Pay Structure
on an average salary of £42.3k, the company has an equivalent pay structure (£42.3k)
- Starmode Networks Limited
£42.3k - Industry AVG
Efficiency
resulting in sales per employee of £105k, this is less efficient (£183.9k)
- Starmode Networks Limited
£183.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Starmode Networks Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (45 days)
- Starmode Networks Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Starmode Networks Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Starmode Networks Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (68.7%)
99.9% - Starmode Networks Limited
68.7% - Industry AVG
STARMODE NETWORKS LIMITED financials
Starmode Networks Limited's latest turnover from May 2023 is estimated at £210.1 thousand and the company has net assets of £662. According to their latest financial statements, Starmode Networks Limited has 2 employees and maintains cash reserves of £421 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 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 | 2 | 2 | 2 | 2 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,928 | 10,824 | 14,698 | 19,597 | 26,223 | 46,540 | 46,540 | 61,917 | 81,064 | 197,466 | 185,511 | 202,893 |
| Intangible Assets | ||||||||||||
| Investments & Other | 102 | 2,102 | 102 | 102 | 102 | 103 | 103 | 103 | 103 | |||
| Debtors (Due After 1 year) | 99,577 | 556,384 | ||||||||||
| Total Fixed Assets | 8,030 | 12,926 | 14,800 | 19,699 | 26,223 | 46,540 | 46,540 | 161,596 | 637,551 | 197,569 | 185,614 | 202,996 |
| Stock & work in progress | ||||||||||||
| Trade Debtors | 501,808 | 532,532 | 532,532 | 529,509 | 484,041 | 966,500 | 811,253 | 651,164 | ||||
| Group Debtors | ||||||||||||
| Misc Debtors | 426,933 | 426,933 | 456,031 | 477,614 | ||||||||
| Cash | 421 | 1,071 | 4,595 | 55,165 | 6,713 | 15,189 | 13,985 | 33,567 | 99,614 | |||
| misc current assets | ||||||||||||
| total current assets | 427,354 | 428,004 | 460,626 | 532,779 | 501,808 | 532,532 | 532,532 | 536,222 | 499,230 | 980,485 | 844,820 | 750,778 |
| total assets | 435,384 | 440,930 | 475,426 | 552,478 | 528,031 | 579,072 | 579,072 | 697,818 | 1,136,781 | 1,178,054 | 1,030,434 | 953,774 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 1,607 | 7,500 | 7,640 | 7,409 | 247,835 | 161,968 | 161,968 | 237,163 | 246,431 | 226,608 | 85,062 | 67,736 |
| Group/Directors Accounts | 391,031 | 350,428 | 308,979 | 312,587 | ||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 34,561 | 31,316 | 24,665 | 18,543 | ||||||||
| total current liabilities | 427,199 | 389,244 | 341,284 | 338,539 | 247,835 | 161,968 | 161,968 | 237,163 | 246,431 | 226,608 | 85,062 | 67,736 |
| loans | 6,017 | |||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | 1,115 | |||||||||||
| other liabilities | ||||||||||||
| provisions | 1,506 | 2,057 | 2,793 | 3,723 | 9,249 | 9,249 | 10,204 | 13,554 | 13,809 | 14,309 | 16,640 | |
| total long term liabilities | 7,523 | 2,057 | 2,793 | 3,723 | 1,115 | 9,249 | 9,249 | 10,204 | 13,554 | 13,809 | 14,309 | 16,640 |
| total liabilities | 434,722 | 391,301 | 344,077 | 342,262 | 248,950 | 171,217 | 171,217 | 247,367 | 259,985 | 240,417 | 99,371 | 84,376 |
| net assets | 662 | 49,629 | 131,349 | 210,216 | 279,081 | 407,855 | 407,855 | 450,451 | 876,796 | 937,637 | 931,063 | 869,398 |
| total shareholders funds | 662 | 49,629 | 131,349 | 210,216 | 279,081 | 407,855 | 407,855 | 450,451 | 876,796 | 937,637 | 931,063 | 869,398 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 2,896 | 3,874 | 4,899 | 6,524 | 19,148 | 23,699 | 25,835 | 29,345 | 15,050 | |||
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | ||||||||||||
| Debtors | -29,098 | -21,583 | -24,194 | -30,724 | -96,554 | -411,339 | 73,925 | 155,247 | 160,089 | 651,164 | ||
| Creditors | -5,893 | -140 | 231 | -240,426 | 85,867 | -75,195 | -9,268 | 19,823 | 141,546 | 17,326 | 67,736 | |
| Accruals and Deferred Income | 3,245 | 6,651 | 6,122 | 17,428 | 1,115 | |||||||
| Deferred Taxes & Provisions | -551 | -736 | -930 | 3,723 | -9,249 | -955 | -3,350 | -255 | -500 | -2,331 | 16,640 | |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | -2,000 | 2,000 | 102 | -102 | -1 | 103 | ||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | 40,603 | 41,449 | -3,608 | 312,587 | ||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | 6,017 | |||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | ||||||||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -650 | -3,524 | -50,570 | 55,165 | -6,713 | -8,476 | 1,204 | -19,582 | -66,047 | 99,614 | ||
| overdraft | ||||||||||||
| change in cash | -650 | -3,524 | -50,570 | 55,165 | -6,713 | -8,476 | 1,204 | -19,582 | -66,047 | 99,614 |
starmode networks limited Credit Report and Business Information
Starmode Networks Limited Competitor Analysis
Perform a competitor analysis for starmode networks limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in BB5 area or any other competitors across 12 key performance metrics.
starmode networks limited Ownership
STARMODE NETWORKS LIMITED group structure
Starmode Networks Limited has 5 subsidiary companies.
Ultimate parent company
STARMODE NETWORKS LIMITED
07809579
5 subsidiaries
starmode networks limited directors
Starmode Networks Limited currently has 2 directors. The longest serving directors include Mr Simon Douglas (Nov 2011) and Mr Sander Douglas (Nov 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Douglas | United Kingdom | 53 years | Nov 2011 | - | Director |
| Mr Sander Douglas | England | 54 years | Nov 2011 | - | Director |
P&L
May 2023turnover
210.1k
+2%
operating profit
-48.7k
0%
gross margin
34.9%
-0.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
662
-0.99%
total assets
435.4k
-0.01%
cash
421
-0.61%
net assets
Total assets minus all liabilities
starmode networks limited company details
company number
07809579
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
October 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
SIMPLE ACCOUNTING NW LTD
auditor
-
address
4-4a blackburn road, accrington, BB5 1HD
Bank
-
Legal Advisor
-
starmode networks 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 did not find charges/mortgages relating to starmode networks limited.
starmode networks limited 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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starmode networks limited Companies House Filings - See Documents
| date | description | view/download |
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