pop racing limited
pop racing limited Company Information
Company Number
08441106
Website
-Registered Address
2nd floor boundary house, 4 county place, chelmsford, essex, CM2 0RE
Industry
Other telecommunications activities
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
pop holdings (uk) ltd 100%
pop racing limited Estimated Valuation
Pomanda estimates the enterprise value of POP RACING LIMITED at £949.9k based on a Turnover of £964.7k and 0.98x industry multiple (adjusted for size and gross margin).
pop racing limited Estimated Valuation
Pomanda estimates the enterprise value of POP RACING LIMITED at £0 based on an EBITDA of £-83.4k and a 3.61x industry multiple (adjusted for size and gross margin).
pop racing limited Estimated Valuation
Pomanda estimates the enterprise value of POP RACING LIMITED at £0 based on Net Assets of £-563.7k and 3.04x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Pop Racing Limited Overview
Pop Racing Limited is a dissolved company that was located in chelmsford, CM2 0RE with a Companies House number of 08441106. It operated in the other telecommunications activities sector, SIC Code 61900. Founded in March 2013, it's largest shareholder was pop holdings (uk) ltd with a 100% stake. The last turnover for Pop Racing Limited was estimated at £964.7k.
Upgrade for unlimited company reports & a free credit check
Pop Racing Limited Health Check
Pomanda's financial health check has awarded Pop Racing Limited a 2 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
2 Regular
6 Weak
Size
annual sales of £964.7k, make it smaller than the average company (£8.3m)
- Pop Racing Limited
£8.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (4.8%)
- Pop Racing Limited
4.8% - Industry AVG
Production
with a gross margin of 40.9%, this company has a comparable cost of product (40.9%)
- Pop Racing Limited
40.9% - Industry AVG
Profitability
an operating margin of -8.6% make it less profitable than the average company (5.2%)
- Pop Racing Limited
5.2% - Industry AVG
Employees
with 9 employees, this is below the industry average (55)
9 - Pop Racing Limited
55 - Industry AVG
Pay Structure
on an average salary of £52.9k, the company has an equivalent pay structure (£52.9k)
- Pop Racing Limited
£52.9k - Industry AVG
Efficiency
resulting in sales per employee of £107.2k, this is less efficient (£210.8k)
- Pop Racing Limited
£210.8k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (45 days)
- Pop Racing Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 183 days, this is slower than average (44 days)
- Pop Racing Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pop Racing Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Pop Racing Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1589.3%, this is a higher level of debt than the average (69.3%)
1589.3% - Pop Racing Limited
69.3% - Industry AVG
POP RACING LIMITED financials
Pop Racing Limited's latest turnover from March 2018 is estimated at £964.7 thousand and the company has net assets of -£563.7 thousand. According to their latest financial statements, Pop Racing Limited has 9 employees and maintains cash reserves of £4.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 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 | 9 | 9 | 9 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 10,947 | 0 | 19,200 | 26,100 | 14,654 |
| Group Debtors | 5,000 | 5,000 | 0 | 0 | 0 |
| Misc Debtors | 17,249 | 18,497 | 34,299 | 0 | 0 |
| Cash | 4,652 | 3,432 | 414 | 3,104 | 18,816 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 37,848 | 26,929 | 53,913 | 29,204 | 33,470 |
| total assets | 37,848 | 26,929 | 53,913 | 29,204 | 33,470 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 286,837 | 17,477 | 50,573 | 244,141 | 40,342 |
| Group/Directors Accounts | 293,620 | 475,247 | 283,620 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 21,047 | 14,460 | 24,532 | 0 | 0 |
| total current liabilities | 601,504 | 507,184 | 358,725 | 244,141 | 40,342 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 601,504 | 507,184 | 358,725 | 244,141 | 40,342 |
| net assets | -563,656 | -480,255 | -304,812 | -214,937 | -6,872 |
| total shareholders funds | -563,656 | -480,255 | -304,812 | -214,937 | -6,872 |
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 9,699 | -30,002 | 27,399 | 11,446 | 14,654 |
| Creditors | 269,360 | -33,096 | -193,568 | 203,799 | 40,342 |
| Accruals and Deferred Income | 6,587 | -10,072 | 24,532 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -181,627 | 191,627 | 283,620 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 1,220 | 3,018 | -2,690 | -15,712 | 18,816 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,220 | 3,018 | -2,690 | -15,712 | 18,816 |
pop racing limited Credit Report and Business Information
Pop Racing Limited Competitor Analysis
Perform a competitor analysis for pop racing limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in CM2 area or any other competitors across 12 key performance metrics.
pop racing limited Ownership
POP RACING LIMITED group structure
Pop Racing Limited has no subsidiary companies.
pop racing limited directors
Pop Racing Limited currently has 2 directors. The longest serving directors include Mr David Curran (Mar 2013) and Mrs Deborah Curran (Mar 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Curran | United Kingdom | 58 years | Mar 2013 | - | Director |
| Mrs Deborah Curran | United Kingdom | 58 years | Mar 2013 | - | Director |
P&L
March 2018turnover
964.7k
-9%
operating profit
-83.4k
0%
gross margin
41%
+1.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2018net assets
-563.7k
+0.17%
total assets
37.8k
+0.41%
cash
4.7k
+0.36%
net assets
Total assets minus all liabilities
Similar Companies
pop racing limited company details
company number
08441106
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
March 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2018
previous names
N/A
accountant
-
auditor
-
address
2nd floor boundary house, 4 county place, chelmsford, essex, CM2 0RE
Bank
-
Legal Advisor
-
pop racing 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 pop racing limited.
pop racing limited Companies House Filings - See Documents
| date | description | view/download |
|---|
