cis payment solutions limited
cis payment solutions limited Company Information
Company Number
07874291
Website
yourcis.co.ukRegistered Address
4th floor allan house, 10 john princes street, london, W1G 0AH
Industry
Other business support service activities n.e.c.
Telephone
02035827950
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
contractors payment solutions ltd 100%
cis payment solutions limited Estimated Valuation
Pomanda estimates the enterprise value of CIS PAYMENT SOLUTIONS LIMITED at £749.6k based on a Turnover of £1.9m and 0.4x industry multiple (adjusted for size and gross margin).
cis payment solutions limited Estimated Valuation
Pomanda estimates the enterprise value of CIS PAYMENT SOLUTIONS LIMITED at £0 based on an EBITDA of £-490 and a 3.17x industry multiple (adjusted for size and gross margin).
cis payment solutions limited Estimated Valuation
Pomanda estimates the enterprise value of CIS PAYMENT SOLUTIONS LIMITED at £226 based on Net Assets of £100 and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cis Payment Solutions Limited Overview
Cis Payment Solutions Limited is a dissolved company that was located in london, W1G 0AH with a Companies House number of 07874291. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 2011, it's largest shareholder was contractors payment solutions ltd with a 100% stake. The last turnover for Cis Payment Solutions Limited was estimated at £1.9m.
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Cis Payment Solutions Limited Health Check
Pomanda's financial health check has awarded Cis Payment Solutions Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £1.9m, make it larger than the average company (£1.4m)
- Cis Payment Solutions Limited
£1.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Cis Payment Solutions Limited
- - Industry AVG
Production
with a gross margin of 16.7%, this company has a higher cost of product (35.6%)
- Cis Payment Solutions Limited
35.6% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (7.3%)
- Cis Payment Solutions Limited
7.3% - Industry AVG
Employees
with 6 employees, this is below the industry average (29)
- Cis Payment Solutions Limited
29 - Industry AVG
Pay Structure
on an average salary of £36.9k, the company has an equivalent pay structure (£36.9k)
- Cis Payment Solutions Limited
£36.9k - Industry AVG
Efficiency
resulting in sales per employee of £308.6k, this is more efficient (£135k)
- Cis Payment Solutions Limited
£135k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (41 days)
- Cis Payment Solutions Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 134 days, this is slower than average (34 days)
- Cis Payment Solutions Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cis Payment Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is less cash available to meet short term requirements (23 weeks)
16 weeks - Cis Payment Solutions Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (71.1%)
100% - Cis Payment Solutions Limited
71.1% - Industry AVG
CIS PAYMENT SOLUTIONS LIMITED financials
Cis Payment Solutions Limited's latest turnover from September 2013 is estimated at £1.9 million and the company has net assets of £100. According to their latest financial statements, we estimate that Cis Payment Solutions Limited has 6 employees and maintains cash reserves of £185.3 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 | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 0 | 0 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 384,323 | 38,664 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 185,318 | 10,952 |
| misc current assets | 0 | 0 |
| total current assets | 569,641 | 49,616 |
| total assets | 569,641 | 49,616 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 569,541 | 49,516 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 569,541 | 49,516 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 569,541 | 49,516 |
| net assets | 100 | 100 |
| total shareholders funds | 100 | 100 |
| Sep 2013 | Sep 2012 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 345,659 | 38,664 |
| Creditors | 520,025 | 49,516 |
| 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 | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 174,366 | 10,952 |
| overdraft | 0 | 0 |
| change in cash | 174,366 | 10,952 |
cis payment solutions limited Credit Report and Business Information
Cis Payment Solutions Limited Competitor Analysis
Perform a competitor analysis for cis payment solutions limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
cis payment solutions limited Ownership
CIS PAYMENT SOLUTIONS LIMITED group structure
Cis Payment Solutions Limited has no subsidiary companies.
Ultimate parent company
1 parent
CIS PAYMENT SOLUTIONS LIMITED
07874291
cis payment solutions limited directors
Cis Payment Solutions Limited currently has 2 directors. The longest serving directors include Mr Jonathan Margrave (Dec 2011) and Mr David O'Dea (Aug 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Margrave | England | 54 years | Dec 2011 | - | Director |
| Mr David O'Dea | United Kingdom | 44 years | Aug 2014 | - | Director |
P&L
September 2013turnover
1.9m
+1006%
operating profit
-490.7
0%
gross margin
16.8%
-5.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2013net assets
100
0%
total assets
569.6k
+10.48%
cash
185.3k
+15.92%
net assets
Total assets minus all liabilities
Similar Companies
cis payment solutions limited company details
company number
07874291
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
December 2011
age
13
accounts
Total Exemption Small
ultimate parent company
previous names
N/A
incorporated
UK
address
4th floor allan house, 10 john princes street, london, W1G 0AH
last accounts submitted
September 2013
cis payment solutions 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 cis payment solutions limited.
cis payment solutions limited Companies House Filings - See Documents
| date | description | view/download |
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