teamstrides ltd
teamstrides ltd Company Information
Company Number
08362924
Next Accounts
Oct 2025
Directors
Shareholders
nicolas poli
nicholas poli
View AllGroup Structure
View All
Industry
Manufacture of sports goods
Registered Address
unit 3, north lynn business vill, bergen way, king's lynn, PE30 2JG
Website
http://lapelpinbadges.co.ukteamstrides ltd Estimated Valuation
Pomanda estimates the enterprise value of TEAMSTRIDES LTD at £511.8k based on a Turnover of £717k and 0.71x industry multiple (adjusted for size and gross margin).
teamstrides ltd Estimated Valuation
Pomanda estimates the enterprise value of TEAMSTRIDES LTD at £1.5m based on an EBITDA of £284k and a 5.22x industry multiple (adjusted for size and gross margin).
teamstrides ltd Estimated Valuation
Pomanda estimates the enterprise value of TEAMSTRIDES LTD at £2.9m based on Net Assets of £1.7m and 1.67x industry multiple (adjusted for liquidity).
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Teamstrides Ltd Overview
Teamstrides Ltd is a live company located in king's lynn, PE30 2JG with a Companies House number of 08362924. It operates in the manufacture of sports goods sector, SIC Code 32300. Founded in January 2013, it's largest shareholder is nicolas poli with a 36.4% stake. Teamstrides Ltd is a established, small sized company, Pomanda has estimated its turnover at £717k with high growth in recent years.
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Teamstrides Ltd Health Check
Pomanda's financial health check has awarded Teamstrides Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £717k, make it smaller than the average company (£11.3m)
- Teamstrides Ltd
£11.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (15.7%)
- Teamstrides Ltd
15.7% - Industry AVG
Production
with a gross margin of 35.7%, this company has a comparable cost of product (35.7%)
- Teamstrides Ltd
35.7% - Industry AVG
Profitability
an operating margin of 39.3% make it more profitable than the average company (4.4%)
- Teamstrides Ltd
4.4% - Industry AVG
Employees
with 8 employees, this is below the industry average (59)
8 - Teamstrides Ltd
59 - Industry AVG
Pay Structure
on an average salary of £42k, the company has an equivalent pay structure (£42k)
- Teamstrides Ltd
£42k - Industry AVG
Efficiency
resulting in sales per employee of £89.6k, this is less efficient (£186.6k)
- Teamstrides Ltd
£186.6k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is near the average (32 days)
- Teamstrides Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is slower than average (36 days)
- Teamstrides Ltd
36 days - Industry AVG
Stock Days
it holds stock equivalent to 24 days, this is less than average (137 days)
- Teamstrides Ltd
137 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 362 weeks, this is more cash available to meet short term requirements (11 weeks)
362 weeks - Teamstrides Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9%, this is a lower level of debt than the average (54.5%)
9% - Teamstrides Ltd
54.5% - Industry AVG
TEAMSTRIDES LTD financials
Teamstrides Ltd's latest turnover from January 2024 is estimated at £717 thousand and the company has net assets of £1.7 million. According to their latest financial statements, Teamstrides Ltd has 8 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 8 | 9 | 7 | 7 | 11 | 10 | 10 | 9 | 12 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 108,927 | 108,030 | 109,262 | 111,648 | 114,807 | 114,960 | 116,280 | 8,000 | 9,363 | 11,436 | 10,102 |
| Intangible Assets | |||||||||||
| Investments & Other | 310,019 | 125,019 | 75,000 | ||||||||
| Debtors (Due After 1 year) | 200,000 | 175,000 | 125,000 | ||||||||
| Total Fixed Assets | 618,946 | 408,049 | 309,262 | 111,648 | 114,807 | 114,960 | 116,280 | 8,000 | 9,363 | 11,436 | 10,102 |
| Stock & work in progress | 31,509 | 31,827 | 26,267 | 25,334 | 24,447 | 25,076 | 19,120 | 16,626 | 14,465 | 13,627 | 12,387 |
| Trade Debtors | 72,772 | 70,402 | 52,894 | 31,884 | 123,594 | 151,933 | 120,345 | 127,505 | 136,785 | 138,212 | 88,777 |
| Group Debtors | |||||||||||
| Misc Debtors | 1,391 | 1,406 | 1,130 | 1,163 | 54,208 | 1,509 | 1,214 | 921 | 857 | ||
| Cash | 1,198,605 | 1,122,561 | 969,586 | 995,846 | 940,221 | 835,238 | 650,665 | 433,882 | 434,633 | 353,973 | 242,530 |
| misc current assets | |||||||||||
| total current assets | 1,304,277 | 1,226,196 | 1,049,877 | 1,054,227 | 1,142,470 | 1,013,756 | 791,344 | 578,934 | 586,740 | 505,812 | 343,694 |
| total assets | 1,923,223 | 1,634,245 | 1,359,139 | 1,165,875 | 1,257,277 | 1,128,716 | 907,624 | 586,934 | 596,103 | 517,248 | 353,796 |
| Bank overdraft | 5,671 | 5,000 | |||||||||
| Bank loan | |||||||||||
| Trade Creditors | 60,074 | 18,329 | 26,337 | 3,890 | 47,123 | 78,203 | 69,819 | 102,549 | 80,655 | 283,928 | 311,955 |
| Group/Directors Accounts | |||||||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 111,832 | 122,193 | 58,354 | 36,248 | 109,156 | 120,035 | 215,951 | 173,101 | 235,276 | ||
| total current liabilities | 171,906 | 140,522 | 90,362 | 45,138 | 156,279 | 198,238 | 285,770 | 275,650 | 315,931 | 283,928 | 311,955 |
| loans | 41,912 | 45,000 | |||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | 1,993 | 1,288 | 1,455 | 1,825 | 2,324 | 2,263 | 2,332 | 530 | 567 | 696 | 79 |
| total long term liabilities | 1,993 | 1,288 | 43,367 | 46,825 | 2,324 | 2,263 | 2,332 | 530 | 567 | 696 | 79 |
| total liabilities | 173,899 | 141,810 | 133,729 | 91,963 | 158,603 | 200,501 | 288,102 | 276,180 | 316,498 | 284,624 | 312,034 |
| net assets | 1,749,324 | 1,492,435 | 1,225,410 | 1,073,912 | 1,098,674 | 928,215 | 619,522 | 310,754 | 279,605 | 232,624 | 41,762 |
| total shareholders funds | 1,749,324 | 1,492,435 | 1,225,410 | 1,073,912 | 1,098,674 | 928,215 | 619,522 | 310,754 | 279,605 | 232,624 | 41,762 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 2,388 | 2,183 | 2,520 | 3,154 | 3,990 | 4,856 | 2,065 | 2,489 | 2,993 | 2,705 | |
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | -318 | 5,560 | 933 | 887 | -629 | 5,956 | 2,494 | 2,161 | 838 | 1,240 | 12,387 |
| Debtors | 27,355 | 67,784 | 145,977 | -144,755 | 24,360 | 31,883 | -6,867 | -9,216 | -570 | 49,435 | 88,777 |
| Creditors | 41,745 | -8,008 | 22,447 | -43,233 | -31,080 | 8,384 | -32,730 | 21,894 | -203,273 | -28,027 | 311,955 |
| Accruals and Deferred Income | -10,361 | 63,839 | 22,106 | -72,908 | -10,879 | -95,916 | 42,850 | -62,175 | 235,276 | ||
| Deferred Taxes & Provisions | 705 | -167 | -370 | -499 | 61 | -69 | 1,802 | -37 | -129 | 617 | 79 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 185,000 | 50,019 | 75,000 | ||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | |||||||||||
| Long term loans | -41,912 | -3,088 | 45,000 | ||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 76,044 | 152,975 | -26,260 | 55,625 | 104,983 | 184,573 | 216,783 | -751 | 80,660 | 111,443 | 242,530 |
| overdraft | -5,671 | 671 | 5,000 | ||||||||
| change in cash | 76,044 | 158,646 | -26,931 | 50,625 | 104,983 | 184,573 | 216,783 | -751 | 80,660 | 111,443 | 242,530 |
teamstrides ltd Credit Report and Business Information
Teamstrides Ltd Competitor Analysis
Perform a competitor analysis for teamstrides ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in PE30 area or any other competitors across 12 key performance metrics.
teamstrides ltd Ownership
TEAMSTRIDES LTD group structure
Teamstrides Ltd has no subsidiary companies.
Ultimate parent company
TEAMSTRIDES LTD
08362924
teamstrides ltd directors
Teamstrides Ltd currently has 1 director, Mr Nicholas Poli serving since Jan 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Poli | United Kingdom | 61 years | Jan 2013 | - | Director |
P&L
January 2024turnover
717k
-1%
operating profit
281.6k
0%
gross margin
35.7%
+6.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
1.7m
+0.17%
total assets
1.9m
+0.18%
cash
1.2m
+0.07%
net assets
Total assets minus all liabilities
Similar Companies
teamstrides ltd company details
company number
08362924
Type
Private limited with Share Capital
industry
32300 - Manufacture of sports goods
incorporation date
January 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
STEVE PYE & CO
auditor
-
address
unit 3, north lynn business vill, bergen way, king's lynn, PE30 2JG
Bank
-
Legal Advisor
-
teamstrides 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 teamstrides ltd.
teamstrides 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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teamstrides ltd Companies House Filings - See Documents
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