usenet services limited
usenet services limited Company Information
Company Number
08436772
Next Accounts
Dec 2024
Industry
Other information technology and computer service activities
Directors
Shareholders
mr alex siong ooi heng
Group Structure
View All
Contact
Registered Address
7th floor 50 broadway, london, SW1H 0DB
Website
www.usenet.comusenet services limited Estimated Valuation
Pomanda estimates the enterprise value of USENET SERVICES LIMITED at £0 based on a Turnover of £0 and 0.71x industry multiple (adjusted for size and gross margin).
usenet services limited Estimated Valuation
Pomanda estimates the enterprise value of USENET SERVICES LIMITED at £0 based on an EBITDA of £-6.5k and a 4.77x industry multiple (adjusted for size and gross margin).
usenet services limited Estimated Valuation
Pomanda estimates the enterprise value of USENET SERVICES LIMITED at £1.6m based on Net Assets of £706.8k and 2.21x industry multiple (adjusted for liquidity).
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Usenet Services Limited Overview
Usenet Services Limited is a live company located in london, SW1H 0DB with a Companies House number of 08436772. It operates in the other information technology service activities sector, SIC Code 62090. Founded in March 2013, it's largest shareholder is mr alex siong ooi heng with a 100% stake. Usenet Services Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Usenet Services Limited Health Check
Pomanda's financial health check has awarded Usenet Services Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Usenet Services Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Usenet Services Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Usenet Services Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (40)
- Usenet Services Limited
- - Industry AVG
Pay Structure
on an average salary of £66.3k, the company has an equivalent pay structure (£66.3k)
- Usenet Services Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Usenet Services Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Usenet Services Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Usenet Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Usenet Services 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)
- - Usenet Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.6%, this is a lower level of debt than the average (63.9%)
- - Usenet Services Limited
- - Industry AVG
USENET SERVICES LIMITED financials
Usenet Services Limited's latest turnover from March 2023 is 0 and the company has net assets of £706.8 thousand. According to their latest financial statements, we estimate that Usenet Services Limited has 1 employee and maintains cash reserves of £1.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 0 | 661,295 | 336,378 | 177,755 | 381,704 | 518,914 | 357,968 |
| Other Income Or Grants | 0 | 0 | ||||||||
| Cost Of Sales | 346,538 | 238,172 | ||||||||
| Gross Profit | 172,376 | 119,796 | ||||||||
| Admin Expenses | 26,886 | |||||||||
| Operating Profit | -6,479 | -6,932 | 145,490 | |||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -6,476 | -6,931 | -10,165 | -1,620 | 343,396 | 86,516 | 65,209 | 87,915 | 145,490 | 92,871 |
| Tax | 0 | 0 | 0 | 0 | -65,245 | -16,438 | -13,042 | -17,627 | -29,098 | -18,811 |
| Profit After Tax | -6,476 | -6,931 | -10,165 | -1,620 | 278,151 | 70,078 | 52,167 | 70,288 | 116,392 | 74,060 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -6,476 | -6,931 | -10,165 | -1,620 | 278,151 | 70,078 | 52,167 | 70,288 | 116,392 | 74,060 |
| Employee Costs | ||||||||||
| Number Of Employees | ||||||||||
| EBITDA* | -6,479 | -6,932 | 145,490 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 3,730 | 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 | 0 | 0 | 3,730 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 771,507 | 854,823 | 959,080 | 539,320 | 420,213 | 111,495 | 52,059 | 71,982 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 845,798 | 852,811 | 0 | 0 | 0 | 0 | 0 | 102,925 | 62,256 | 37,027 |
| Cash | 1,130 | 4,859 | 0 | 0 | 0 | 0 | 0 | 94,761 | 128,047 | 1,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 846,929 | 857,671 | 771,507 | 854,823 | 959,080 | 539,320 | 420,213 | 309,181 | 242,362 | 110,009 |
| total assets | 846,929 | 857,671 | 775,237 | 854,823 | 959,080 | 539,320 | 420,213 | 309,181 | 242,362 | 110,009 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,963 | 6,404 | 124,886 | 142,410 | 251,167 | 137,687 | 48,042 | 0 | 2,251 | 1,261 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 137,176 | 138,002 | 0 | 0 | 0 | 0 | 0 | 47,441 | 48,659 | 33,688 |
| total current liabilities | 140,140 | 144,406 | 124,886 | 142,410 | 251,167 | 137,687 | 48,042 | 47,441 | 50,910 | 34,949 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 51,897 | 45,777 | 17,648 | 58,264 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 51,897 | 45,777 | 17,648 | 58,264 | 0 | 0 | 0 |
| total liabilities | 140,140 | 144,406 | 124,886 | 194,307 | 296,944 | 155,335 | 106,306 | 47,441 | 50,910 | 34,949 |
| net assets | 706,788 | 713,265 | 650,351 | 660,516 | 662,136 | 383,985 | 313,907 | 261,740 | 191,452 | 75,060 |
| total shareholders funds | 706,788 | 713,265 | 650,351 | 660,516 | 662,136 | 383,985 | 313,907 | 261,740 | 191,452 | 75,060 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -6,479 | -6,932 | 145,490 | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | -65,245 | -16,438 | -13,042 | -17,627 | -29,098 | -18,811 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -7,013 | 81,304 | -83,316 | -104,257 | 419,760 | 119,107 | 205,793 | 100,105 | 5,306 | 109,009 |
| Creditors | -3,441 | -118,482 | -17,524 | -108,757 | 113,480 | 89,645 | 48,042 | -2,251 | 990 | 1,261 |
| Accruals and Deferred Income | -826 | 138,002 | 0 | 0 | 0 | 0 | -47,441 | -1,218 | 14,971 | 33,688 |
| Deferred Taxes & Provisions | 0 | 0 | -51,897 | 6,120 | 28,129 | -40,616 | 58,264 | 0 | 0 | 0 |
| Cash flow from operations | -3,733 | -68,716 | 127,047 | |||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | -3,730 | 3,730 | 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 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 2 | 69,845 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 |
| cash and cash equivalents | ||||||||||
| cash | -3,728 | 4,859 | 0 | 0 | 0 | 0 | -94,761 | -33,286 | 127,047 | 1,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -3,728 | 4,859 | 0 | 0 | 0 | 0 | -94,761 | -33,286 | 127,047 | 1,000 |
usenet services limited Credit Report and Business Information
Usenet Services Limited Competitor Analysis
Perform a competitor analysis for usenet services limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other established companies, companies in SW1H area or any other competitors across 12 key performance metrics.
usenet services limited Ownership
USENET SERVICES LIMITED group structure
Usenet Services Limited has no subsidiary companies.
Ultimate parent company
USENET SERVICES LIMITED
08436772
usenet services limited directors
Usenet Services Limited currently has 1 director, Alex Heng serving since Mar 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Alex Heng | United Kingdom | 46 years | Mar 2013 | - | Director |
P&L
March 2023turnover
0
0%
operating profit
-6.5k
-7%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
706.8k
-0.01%
total assets
846.9k
-0.01%
cash
1.1k
-0.77%
net assets
Total assets minus all liabilities
Similar Companies
usenet services limited company details
company number
08436772
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
March 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
7th floor 50 broadway, london, SW1H 0DB
Bank
-
Legal Advisor
-
usenet services 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 usenet services limited.
usenet services limited Capital Raised & Share Issues BETA
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usenet services limited Companies House Filings - See Documents
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