my club web services limited

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my club web services limited Company Information

Share MY CLUB WEB SERVICES LIMITED
Live 
EstablishedSmallHigh

Company Number

08468353

Registered Address

ground floor, avalon, 26-32 oxford road, bournemouth, BH8 8EZ

Industry

Computer consultancy activities

 

Telephone

01883772929

Next Accounts Due

December 2024

Group Structure

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Directors

Neil Riches11 Years

Anthony Fish9 Years

Shareholders

neil anthony riches 14.2%

technology minerals plc 6.7%

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my club web services limited Estimated Valuation

£822k

Pomanda estimates the enterprise value of MY CLUB WEB SERVICES LIMITED at £822k based on a Turnover of £1.5m and 0.55x industry multiple (adjusted for size and gross margin).

my club web services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MY CLUB WEB SERVICES LIMITED at £0 based on an EBITDA of £-69.6k and a 3.9x industry multiple (adjusted for size and gross margin).

my club web services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MY CLUB WEB SERVICES LIMITED at £0 based on Net Assets of £-3.5m and 2.22x industry multiple (adjusted for liquidity).

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My Club Web Services Limited Overview

My Club Web Services Limited is a live company located in bournemouth, BH8 8EZ with a Companies House number of 08468353. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in April 2013, it's largest shareholder is neil anthony riches with a 14.2% stake. My Club Web Services Limited is a established, small sized company, Pomanda has estimated its turnover at £1.5m with high growth in recent years.

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My Club Web Services Limited Health Check

Pomanda's financial health check has awarded My Club Web Services Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £1.5m, make it larger than the average company (£845.1k)

£1.5m - My Club Web Services Limited

£845.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (4.7%)

20% - My Club Web Services Limited

4.7% - Industry AVG

production

Production

with a gross margin of 25.7%, this company has a higher cost of product (47.7%)

25.7% - My Club Web Services Limited

47.7% - Industry AVG

profitability

Profitability

an operating margin of -6.1% make it less profitable than the average company (7.9%)

-6.1% - My Club Web Services Limited

7.9% - Industry AVG

employees

Employees

with 8 employees, this is similar to the industry average (8)

8 - My Club Web Services Limited

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £53k, the company has an equivalent pay structure (£53k)

£53k - My Club Web Services Limited

£53k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £188.1k, this is more efficient (£123.7k)

£188.1k - My Club Web Services Limited

£123.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 50 days, this is earlier than average (67 days)

50 days - My Club Web Services Limited

67 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 520 days, this is slower than average (31 days)

520 days - My Club Web Services Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - My Club Web Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (21 weeks)

0 weeks - My Club Web Services Limited

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 507.2%, this is a higher level of debt than the average (57.2%)

507.2% - My Club Web Services Limited

57.2% - Industry AVG

MY CLUB WEB SERVICES LIMITED financials

EXPORTms excel logo

My Club Web Services Limited's latest turnover from March 2023 is estimated at £1.5 million and the company has net assets of -£3.5 million. According to their latest financial statements, we estimate that My Club Web Services Limited has 8 employees and maintains cash reserves of £168 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Apr 2017Apr 2016Apr 2015Apr 2014
Turnover1,504,6671,026,4841,096,680874,8591,736,5911,680,8391,499,1901,038,3481,259,374175,142
Other Income Or Grants0000000000
Cost Of Sales1,118,560760,174814,077628,9781,252,9341,199,3081,034,368704,683869,520117,814
Gross Profit386,108266,309282,603245,881483,658481,531464,822333,665389,85457,328
Admin Expenses478,208203,350994,6411,137,3562,037,7593,051,0882,587,7331,740,5271,936,4601,244,310
Operating Profit-92,10062,959-712,038-891,475-1,554,101-2,569,557-2,122,911-1,406,862-1,546,606-1,186,982
Interest Payable0000000000
Interest Receivable22234620729295858713
Pre-Tax Profit-92,07862,981-712,034-891,469-1,553,894-2,569,265-2,122,816-1,406,777-1,546,519-1,186,969
Tax0-11,96600000000
Profit After Tax-92,07851,015-712,034-891,469-1,553,894-2,569,265-2,122,816-1,406,777-1,546,519-1,186,969
Dividends Paid0000000000
Retained Profit-92,07851,015-712,034-891,469-1,553,894-2,569,265-2,122,816-1,406,777-1,546,519-1,186,969
Employee Costs424,32098,20591,738185,153532,055668,555371,191172,903345,66956,598
Number Of Employees822410137361
EBITDA*-69,60085,459-689,538-868,975-1,531,601-2,548,932-2,097,169-1,405,782-1,546,021-1,186,426

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Apr 2017Apr 2016Apr 2015Apr 2014
Tangible Assets00000003,24229,1382,345
Intangible Assets1,87524,37546,87569,37591,875114,375135,000157,50000
Investments & Other651,132651,132651,13255,135000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets653,007675,507698,007124,51091,875114,375135,000160,74229,1382,345
Stock & work in progress0000000000
Trade Debtors208,678185,679195,461149,986314,349317,891376,475151,479352,02324,601
Group Debtors0000000000
Misc Debtors0000000000
Cash1688495,1712,31710,14745,07671,6834,44829,6655,046
misc current assets0000000000
total current assets208,846186,528200,632152,303324,496362,967448,158155,927381,68829,647
total assets861,853862,035898,639276,813416,371477,342583,158316,669410,82631,992
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 1,594,9701,531,6631,618,0371,396,7692,680,2372,651,0512,300,9712,139,202209,242214,867
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities0000000000
total current liabilities1,594,9701,531,6631,618,0371,396,7692,680,2372,651,0512,300,9712,139,202209,242214,867
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities2,776,6252,748,0362,784,2872,727,7721,742,9671,217,85650,00001,440,000490,000
provisions0000000000
total long term liabilities2,776,6252,748,0362,784,2872,727,7721,742,9671,217,85650,00001,440,000490,000
total liabilities4,371,5954,279,6994,402,3244,124,5414,423,2043,868,9072,350,9712,139,2021,649,242704,867
net assets-3,509,742-3,417,664-3,503,685-3,847,728-4,006,833-3,391,565-1,767,813-1,822,533-1,238,416-672,875
total shareholders funds-3,509,742-3,417,664-3,503,685-3,847,728-4,006,833-3,391,565-1,767,813-1,822,533-1,238,416-672,875
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Apr 2017Apr 2016Apr 2015Apr 2014
Operating Activities
Operating Profit-92,10062,959-712,038-891,475-1,554,101-2,569,557-2,122,911-1,406,862-1,546,606-1,186,982
Depreciation0000003,2421,080585556
Amortisation22,50022,50022,50022,50022,50020,62522,500000
Tax0-11,96600000000
Stock0000000000
Debtors22,999-9,78245,475-164,363-3,542-58,584224,996-200,544327,42224,601
Creditors63,307-86,374221,268-1,283,46829,186350,080161,7691,929,960-5,625214,867
Accruals and Deferred Income0000000000
Deferred Taxes & Provisions0000000000
Cash flow from operations-29,292-3,099-513,745-1,988,080-1,498,873-2,140,268-2,160,396724,722-1,879,068-996,160
Investing Activities
capital expenditure0000000-132,684-27,378-2,901
Change in Investments00595,99755,135000000
cash flow from investments00-595,997-55,135000-132,684-27,378-2,901
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities28,589-36,25156,515984,805525,1111,167,85650,000-1,440,000950,000490,000
share issue035,0061,056,0771,050,574938,626945,5132,177,536822,660980,978514,094
interest22234620729295858713
cash flow from financing28,611-1,2221,112,5962,035,3851,463,9442,113,6612,227,631-617,2551,931,0651,004,107
cash and cash equivalents
cash-681-4,3222,854-7,830-34,929-26,60767,235-25,21724,6195,046
overdraft0000000000
change in cash-681-4,3222,854-7,830-34,929-26,60767,235-25,21724,6195,046

my club web services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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My Club Web Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for my club web services limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in BH8 area or any other competitors across 12 key performance metrics.

my club web services limited Ownership

MY CLUB WEB SERVICES LIMITED group structure

My Club Web Services Limited has no subsidiary companies.

Ultimate parent company

MY CLUB WEB SERVICES LIMITED

08468353

MY CLUB WEB SERVICES LIMITED Shareholders

neil anthony riches 14.22%
technology minerals plc 6.68%
i d coburn & assoc ltd 4.53%
anthony michael fish 3.24%
trustees of worldlink plc 2.79%
john weight 2.45%
marcus barrett 2.35%
robert mathews 2.14%
george payne 1.46%
isabella adams 1.4%

my club web services limited directors

My Club Web Services Limited currently has 2 directors. The longest serving directors include Mr Neil Riches (Apr 2013) and Mr Anthony Fish (Oct 2014).

officercountryagestartendrole
Mr Neil RichesEngland65 years Apr 2013- Director
Mr Anthony Fish57 years Oct 2014- Director

P&L

March 2023

turnover

1.5m

+47%

operating profit

-92.1k

0%

gross margin

25.7%

-1.09%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

-3.5m

+0.03%

total assets

861.9k

0%

cash

168

-0.8%

net assets

Total assets minus all liabilities

my club web services limited company details

company number

08468353

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

April 2013

age

11

incorporated

UK

accounts

Unaudited Abridged

ultimate parent company

None

previous names

myclubbetting.com limited (August 2024)

the betting service limited (June 2014)

last accounts submitted

March 2023

address

ground floor, avalon, 26-32 oxford road, bournemouth, BH8 8EZ

accountant

-

auditor

-

my club web 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 my club web services limited.

charges

my club web services limited Companies House Filings - See Documents

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