south57 partnership ltd
south57 partnership ltd Company Information
Company Number
08486629
Next Accounts
Jan 2026
Shareholders
flexistaff recruitment ltd
Group Structure
View All
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Registered Address
18 morland avenue, leicester, LE2 2PE
south57 partnership ltd Estimated Valuation
Pomanda estimates the enterprise value of SOUTH57 PARTNERSHIP LTD at £452.9k based on a Turnover of £3.5m and 0.13x industry multiple (adjusted for size and gross margin).
south57 partnership ltd Estimated Valuation
Pomanda estimates the enterprise value of SOUTH57 PARTNERSHIP LTD at £0 based on an EBITDA of £-45.6k and a 2.3x industry multiple (adjusted for size and gross margin).
south57 partnership ltd Estimated Valuation
Pomanda estimates the enterprise value of SOUTH57 PARTNERSHIP LTD at £0 based on Net Assets of £-73.1k and 1.28x industry multiple (adjusted for liquidity).
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South57 Partnership Ltd Overview
South57 Partnership Ltd is a live company located in leicester, LE2 2PE with a Companies House number of 08486629. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in April 2013, it's largest shareholder is flexistaff recruitment ltd with a 100% stake. South57 Partnership Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.5m with low growth in recent years.
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South57 Partnership Ltd Health Check
Pomanda's financial health check has awarded South57 Partnership Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £3.5m, make it smaller than the average company (£7.8m)
- South57 Partnership Ltd
£7.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (9.9%)
- South57 Partnership Ltd
9.9% - Industry AVG
Production
with a gross margin of 13.3%, this company has a higher cost of product (23.7%)
- South57 Partnership Ltd
23.7% - Industry AVG
Profitability
an operating margin of -1.3% make it less profitable than the average company (2.8%)
- South57 Partnership Ltd
2.8% - Industry AVG
Employees
with 61 employees, this is above the industry average (45)
61 - South57 Partnership Ltd
45 - Industry AVG
Pay Structure
on an average salary of £52.2k, the company has an equivalent pay structure (£52.2k)
- South57 Partnership Ltd
£52.2k - Industry AVG
Efficiency
resulting in sales per employee of £57.2k, this is less efficient (£153.4k)
- South57 Partnership Ltd
£153.4k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is near the average (41 days)
- South57 Partnership Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 58 days, this is slower than average (8 days)
- South57 Partnership Ltd
8 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- South57 Partnership Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - South57 Partnership Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 115.5%, this is a higher level of debt than the average (67%)
115.5% - South57 Partnership Ltd
67% - Industry AVG
SOUTH57 PARTNERSHIP LTD financials
South57 Partnership Ltd's latest turnover from April 2024 is estimated at £3.5 million and the company has net assets of -£73.1 thousand. According to their latest financial statements, South57 Partnership Ltd has 61 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 186,904 | 51,904 | |||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | |||||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | -6,451 | 37,487 | |||||||||
| Tax | -3,773 | ||||||||||
| Profit After Tax | -6,451 | 33,714 | |||||||||
| Dividends Paid | |||||||||||
| Retained Profit | -6,451 | 33,714 | |||||||||
| Employee Costs | 158,102 | 8,962 | |||||||||
| Number Of Employees | 61 | 46 | 63 | 68 | 107 | 1 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,485 | 13,225 | 17,741 | 24,128 | 3,562 | 2,375 | 136 | 973 | 1,810 | ||
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 9,485 | 13,225 | 17,741 | 24,128 | 3,562 | 2,375 | 136 | 973 | 1,810 | ||
| Stock & work in progress | |||||||||||
| Trade Debtors | 455,133 | 323,101 | 694,710 | 471,067 | 40,045 | 23,481 | 31,414 | 8,444 | 90 | 8 | 6,914 |
| Group Debtors | |||||||||||
| Misc Debtors | 6,506 | 25,975 | 8,656 | 15,899 | 4,941 | 3,156 | |||||
| Cash | 2,253 | 672 | |||||||||
| misc current assets | |||||||||||
| total current assets | 461,639 | 349,076 | 703,366 | 486,966 | 44,986 | 26,637 | 31,414 | 8,444 | 90 | 2,261 | 7,586 |
| total assets | 471,124 | 362,301 | 721,107 | 511,094 | 48,548 | 29,012 | 31,414 | 8,444 | 226 | 3,234 | 9,396 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 481,838 | 355,642 | 646,120 | 413,509 | 48,852 | 17,161 | 53,578 | 70,988 | 34,740 | 34,265 | 33,682 |
| Group/Directors Accounts | |||||||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | |||||||||||
| total current liabilities | 481,838 | 355,642 | 646,120 | 413,509 | 48,852 | 17,161 | 53,578 | 70,988 | 34,740 | 34,265 | 33,682 |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | 62,337 | 34,153 | 61,574 | 49,928 | 1,097 | 1,801 | 1,500 | 450 | |||
| other liabilities | 1,939 | 9,697 | 372 | 5,372 | 5,372 | 5,372 | 56,156 | 60,599 | 54,101 | ||
| provisions | |||||||||||
| total long term liabilities | 62,337 | 34,153 | 63,513 | 59,625 | 1,469 | 7,173 | 6,872 | 5,822 | 56,156 | 60,599 | 54,101 |
| total liabilities | 544,175 | 389,795 | 709,633 | 473,134 | 50,321 | 24,334 | 60,450 | 76,810 | 90,896 | 94,864 | 87,783 |
| net assets | -73,051 | -27,494 | 11,474 | 37,960 | -1,773 | 4,678 | -29,036 | -68,366 | -90,670 | -91,630 | -78,387 |
| total shareholders funds | -73,051 | -27,494 | 11,474 | 37,960 | -1,773 | 4,678 | -29,036 | -68,366 | -90,670 | -91,630 | -78,387 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 1,188 | 837 | 837 | 726 | |||||||
| Amortisation | |||||||||||
| Tax | -3,773 | ||||||||||
| Stock | |||||||||||
| Debtors | 112,563 | -354,290 | 216,400 | 441,980 | 18,349 | -4,777 | 22,970 | 8,354 | 82 | -6,906 | 6,914 |
| Creditors | 126,196 | -290,478 | 232,611 | 364,657 | 31,691 | -36,417 | -17,410 | 36,248 | 475 | 583 | 33,682 |
| Accruals and Deferred Income | 28,184 | -27,421 | 11,646 | 48,831 | -704 | 301 | 1,050 | 450 | |||
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | -1,939 | -7,758 | 9,325 | -5,000 | -50,784 | -4,443 | 6,498 | 54,101 | |||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | -5,000 | ||||||||||
| cash and cash equivalents | |||||||||||
| cash | -2,253 | 1,581 | 672 | ||||||||
| overdraft | |||||||||||
| change in cash | -2,253 | 1,581 | 672 |
south57 partnership ltd Credit Report and Business Information
South57 Partnership Ltd Competitor Analysis
Perform a competitor analysis for south57 partnership ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in LE2 area or any other competitors across 12 key performance metrics.
south57 partnership ltd Ownership
SOUTH57 PARTNERSHIP LTD group structure
South57 Partnership Ltd has no subsidiary companies.
Ultimate parent company
2 parents
SOUTH57 PARTNERSHIP LTD
08486629
south57 partnership ltd directors
South57 Partnership Ltd currently has 2 directors. The longest serving directors include Mrs Angela Enright (Mar 2014) and Mr Ian Phillips (Jul 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Angela Enright | England | 59 years | Mar 2014 | - | Director |
| Mr Ian Phillips | England | 65 years | Jul 2024 | - | Director |
P&L
April 2024turnover
3.5m
+51%
operating profit
-45.6k
0%
gross margin
13.3%
-3.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
-73.1k
+1.66%
total assets
471.1k
+0.3%
cash
0
0%
net assets
Total assets minus all liabilities
south57 partnership ltd company details
company number
08486629
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
April 2013
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2024
previous names
the millington drake partnership limited (February 2024)
accountant
-
auditor
-
address
18 morland avenue, leicester, LE2 2PE
Bank
-
Legal Advisor
-
south57 partnership 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 found 3 charges/mortgages relating to south57 partnership ltd. Currently there are 2 open charges and 1 have been satisfied in the past.
south57 partnership 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.
Click to start generating capital raising & share issue transactions for SOUTH57 PARTNERSHIP LTD. This can take several minutes, an email will notify you when this has completed.
south57 partnership ltd Companies House Filings - See Documents
| date | description | view/download |
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