solutions 24-7 limited
solutions 24-7 limited Company Information
Company Number
07858105
Next Accounts
449 days late
Industry
Advertising agencies
Shareholders
wendy batey-gray
michael batey
Group Structure
View All
Contact
Registered Address
leonard curtis house, elms square, bury new road, greater manchester, M45 7TA
Website
www.solutions24-7.co.uksolutions 24-7 limited Estimated Valuation
Pomanda estimates the enterprise value of SOLUTIONS 24-7 LIMITED at £654.5k based on a Turnover of £1.3m and 0.49x industry multiple (adjusted for size and gross margin).
solutions 24-7 limited Estimated Valuation
Pomanda estimates the enterprise value of SOLUTIONS 24-7 LIMITED at £0 based on an EBITDA of £-53.7k and a 3.42x industry multiple (adjusted for size and gross margin).
solutions 24-7 limited Estimated Valuation
Pomanda estimates the enterprise value of SOLUTIONS 24-7 LIMITED at £0 based on Net Assets of £-39.3k and 1.84x industry multiple (adjusted for liquidity).
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Solutions 24-7 Limited Overview
Solutions 24-7 Limited is a live company located in greater manchester, M45 7TA with a Companies House number of 07858105. It operates in the advertising agencies sector, SIC Code 73110. Founded in November 2011, it's largest shareholder is wendy batey-gray with a 50% stake. Solutions 24-7 Limited is a established, small sized company, Pomanda has estimated its turnover at £1.3m with low growth in recent years.
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Solutions 24-7 Limited Health Check
Pomanda's financial health check has awarded Solutions 24-7 Limited a 2.5 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 £1.3m, make it smaller than the average company (£7.6m)
- Solutions 24-7 Limited
£7.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a faster rate (-4%)
- Solutions 24-7 Limited
-4% - Industry AVG
Production
with a gross margin of 49.6%, this company has a comparable cost of product (49.6%)
- Solutions 24-7 Limited
49.6% - Industry AVG
Profitability
an operating margin of -4.7% make it less profitable than the average company (5.7%)
- Solutions 24-7 Limited
5.7% - Industry AVG
Employees
with 14 employees, this is below the industry average (44)
14 - Solutions 24-7 Limited
44 - Industry AVG
Pay Structure
on an average salary of £61.5k, the company has an equivalent pay structure (£61.5k)
- Solutions 24-7 Limited
£61.5k - Industry AVG
Efficiency
resulting in sales per employee of £94.5k, this is less efficient (£156.6k)
- Solutions 24-7 Limited
£156.6k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is near the average (65 days)
- Solutions 24-7 Limited
65 days - Industry AVG
Creditor Days
its suppliers are paid after 70 days, this is slower than average (53 days)
- Solutions 24-7 Limited
53 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (19 days)
- Solutions 24-7 Limited
19 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Solutions 24-7 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 114.6%, this is a higher level of debt than the average (70.9%)
114.6% - Solutions 24-7 Limited
70.9% - Industry AVG
SOLUTIONS 24-7 LIMITED financials
Solutions 24-7 Limited's latest turnover from December 2021 is estimated at £1.3 million and the company has net assets of -£39.3 thousand. According to their latest financial statements, Solutions 24-7 Limited has 14 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 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 | 14 | 14 | 17 | 14 | 14 | 13 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 22,402 | 28,135 | 46,556 | 44,611 | 72 | 368 | 320 | 1,516 | 3,649 | 1,984 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 22,402 | 28,135 | 46,556 | 44,611 | 72 | 368 | 320 | 1,516 | 3,649 | 1,984 |
| Stock & work in progress | 2,835 | 2,734 | 3,330 | 3,961 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 215,303 | 134,182 | 198,551 | 178,630 | 312,651 | 119,721 | 112,413 | 145,434 | 36,234 | 26,122 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 28,418 | 14,649 | 35,479 | 28,342 | 0 | 1,209 | 1,000 | 7,001 | 0 | 0 |
| Cash | 0 | 80,184 | 0 | 79,143 | 26,770 | 0 | 0 | 19,271 | 24,823 | 230 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 246,556 | 231,749 | 237,360 | 290,076 | 339,421 | 120,930 | 113,413 | 171,706 | 61,057 | 26,352 |
| total assets | 268,958 | 259,884 | 283,916 | 334,687 | 339,493 | 121,298 | 113,733 | 173,222 | 64,706 | 28,336 |
| Bank overdraft | 22,735 | 0 | 33,160 | 0 | 0 | 5,406 | 5,842 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 128,902 | 81,400 | 118,755 | 47,974 | 144,176 | 107,180 | 60,127 | 132,124 | 58,496 | 15,733 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 92 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 701 | 8,414 | 8,414 | 8,414 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 111,816 | 87,538 | 72,005 | 83,432 | 97,811 | 43,551 | 54,193 | 0 | 0 | 0 |
| total current liabilities | 264,154 | 177,352 | 232,334 | 139,820 | 241,987 | 156,137 | 120,254 | 132,124 | 58,496 | 15,733 |
| loans | 44,134 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 701 | 4,908 | 13,322 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 5,346 | 8,845 | 7,584 | 0 | 0 | 64 | 303 | 730 | 0 |
| total long term liabilities | 44,134 | 56,047 | 13,753 | 20,906 | 0 | 0 | 64 | 303 | 730 | 0 |
| total liabilities | 308,288 | 233,399 | 246,087 | 160,726 | 241,987 | 156,137 | 120,318 | 132,427 | 59,226 | 15,733 |
| net assets | -39,330 | 26,485 | 37,829 | 173,961 | 97,506 | -34,839 | -6,585 | 40,795 | 5,480 | 12,603 |
| total shareholders funds | -39,330 | 26,485 | 37,829 | 173,961 | 97,506 | -34,839 | -6,585 | 40,795 | 5,480 | 12,603 |
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 8,588 | 17,140 | 17,901 | 10,794 | 296 | 502 | 1,536 | 2,414 | 2,320 | 992 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 101 | -596 | -631 | 3,961 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 94,890 | -85,199 | 27,058 | -105,679 | 191,721 | 7,517 | -39,022 | 116,201 | 10,112 | 26,122 |
| Creditors | 47,502 | -37,355 | 70,781 | -96,202 | 36,996 | 47,053 | -71,997 | 73,628 | 42,763 | 15,733 |
| Accruals and Deferred Income | 24,278 | 15,533 | -11,427 | -14,379 | 54,260 | -10,642 | 54,193 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -5,346 | -3,499 | 1,261 | 7,584 | 0 | -64 | -239 | -427 | 730 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -92 | 92 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -5,866 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -8,414 | -4,207 | -8,414 | 21,736 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -80,184 | 80,184 | -79,143 | 52,373 | 26,770 | 0 | -19,271 | -5,552 | 24,593 | 230 |
| overdraft | 22,735 | -33,160 | 33,160 | 0 | -5,406 | -436 | 5,842 | 0 | 0 | 0 |
| change in cash | -102,919 | 113,344 | -112,303 | 52,373 | 32,176 | 436 | -25,113 | -5,552 | 24,593 | 230 |
solutions 24-7 limited Credit Report and Business Information
Solutions 24-7 Limited Competitor Analysis
Perform a competitor analysis for solutions 24-7 limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in M45 area or any other competitors across 12 key performance metrics.
solutions 24-7 limited Ownership
SOLUTIONS 24-7 LIMITED group structure
Solutions 24-7 Limited has no subsidiary companies.
Ultimate parent company
SOLUTIONS 24-7 LIMITED
07858105
solutions 24-7 limited directors
Solutions 24-7 Limited currently has 2 directors. The longest serving directors include Mr Michael Batey (Nov 2011) and Mrs Wendy Batey-Gray (Aug 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Batey | England | 54 years | Nov 2011 | - | Director |
| Mrs Wendy Batey-Gray | England | 54 years | Aug 2013 | - | Director |
P&L
December 2021turnover
1.3m
+23%
operating profit
-62.3k
0%
gross margin
49.6%
+7.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
-39.3k
-2.48%
total assets
269k
+0.03%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
solutions 24-7 limited company details
company number
07858105
Type
Private limited with Share Capital
industry
73110 - Advertising agencies
incorporation date
November 2011
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2021
previous names
N/A
accountant
BENNETT BROOKS & CO LIMITED
auditor
-
address
leonard curtis house, elms square, bury new road, greater manchester, M45 7TA
Bank
-
Legal Advisor
-
solutions 24-7 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 solutions 24-7 limited.
solutions 24-7 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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solutions 24-7 limited Companies House Filings - See Documents
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