sport:80 limited

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sport:80 limited Company Information

Share SPORT:80 LIMITED

Company Number

08798940

Shareholders

gary hargraves

the focusplay retirement benefit scheme

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Group Structure

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Industry

Business and domestic software development

 

Registered Address

unit 3, neepsend triangle business centr, sheffield, S3 8BW

sport:80 limited Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of SPORT:80 LIMITED at £2.1m based on a Turnover of £2.4m and 0.91x industry multiple (adjusted for size and gross margin).

sport:80 limited Estimated Valuation

£2.7m

Pomanda estimates the enterprise value of SPORT:80 LIMITED at £2.7m based on an EBITDA of £474.5k and a 5.63x industry multiple (adjusted for size and gross margin).

sport:80 limited Estimated Valuation

£3.5m

Pomanda estimates the enterprise value of SPORT:80 LIMITED at £3.5m based on Net Assets of £1.5m and 2.37x industry multiple (adjusted for liquidity).

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Sport:80 Limited Overview

Sport:80 Limited is a live company located in sheffield, S3 8BW with a Companies House number of 08798940. It operates in the business and domestic software development sector, SIC Code 62012. Founded in December 2013, it's largest shareholder is gary hargraves with a 47.3% stake. Sport:80 Limited is a established, small sized company, Pomanda has estimated its turnover at £2.4m with rapid growth in recent years.

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Sport:80 Limited Health Check

Pomanda's financial health check has awarded Sport:80 Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £2.4m, make it smaller than the average company (£4.5m)

£2.4m - Sport:80 Limited

£4.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (10.2%)

32% - Sport:80 Limited

10.2% - Industry AVG

production

Production

with a gross margin of 73.5%, this company has a comparable cost of product (72.1%)

73.5% - Sport:80 Limited

72.1% - Industry AVG

profitability

Profitability

an operating margin of -3.1% make it less profitable than the average company (3.5%)

-3.1% - Sport:80 Limited

3.5% - Industry AVG

employees

Employees

with 19 employees, this is below the industry average (42)

19 - Sport:80 Limited

42 - Industry AVG

paystructure

Pay Structure

on an average salary of £79.8k, the company has an equivalent pay structure (£72.3k)

£79.8k - Sport:80 Limited

£72.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £123.9k, this is equally as efficient (£122.7k)

£123.9k - Sport:80 Limited

£122.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 25 days, this is earlier than average (57 days)

25 days - Sport:80 Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 18 days, this is quicker than average (41 days)

18 days - Sport:80 Limited

41 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sport:80 Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 70 weeks, this is more cash available to meet short term requirements (17 weeks)

70 weeks - Sport:80 Limited

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 34.3%, this is a lower level of debt than the average (62.9%)

34.3% - Sport:80 Limited

62.9% - Industry AVG

SPORT:80 LIMITED financials

EXPORTms excel logo

Sport:80 Limited's latest turnover from December 2023 is £2.4 million and the company has net assets of £1.5 million. According to their latest financial statements, Sport:80 Limited has 19 employees and maintains cash reserves of £450.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Turnover2,354,6741,862,3201,309,8411,019,250880,655695,610583,238457,972569,237351,972190,467
Other Income Or Grants
Cost Of Sales624,467557,844425,459366,500415,123470,989346,674320,595407,681231,007138,253
Gross Profit1,730,2071,304,476884,382652,750465,532224,621236,564137,377161,556120,96552,214
Admin Expenses1,802,288958,178626,530344,474384,626637,862401,279405,958476,172149,08947,809
Operating Profit-72,081346,298257,852308,27680,906-413,241-164,715-268,581-314,616-28,1244,405
Interest Payable13,74511,2112,54852247836337647734488647
Interest Receivable4,769
Pre-Tax Profit53,953165,67493,278153,514-35,540-487,343-165,091-269,058-314,960-29,0104,358
Tax-143,050104,078108,22991,713101,82475,05399,702119,144
Profit After Tax-89,097269,752201,507245,22766,284-412,290-65,389-149,914-314,960-29,0104,358
Dividends Paid
Retained Profit-89,097269,752201,507245,22766,284-412,290-65,389-149,914-314,960-29,0104,358
Employee Costs1,515,966994,828717,874611,232355,497324,944256,550283,282262,45138,558
Number Of Employees19171511101089821
EBITDA*474,493791,586657,089610,682342,734-152,91341,276-125,941-238,554-24,8446,839

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Tangible Assets286,037358,489176,808170,22433,19736,64533,80220,55920,22313,6251,511
Intangible Assets1,233,5351,097,9711,034,678930,246718,290608,920603,739564,843455,20968,8305,250
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,519,5721,456,4601,211,4861,100,470751,487645,565637,541585,402475,43282,4556,761
Stock & work in progress
Trade Debtors166,542102,18259,88278,36278,79535,68143,14731,71914,746562,957
Group Debtors
Misc Debtors117,59811,65912,8495,31638,66045,70644,778167,13822,79874,17939,477
Cash450,362375,125225,548127,28124,685222,39831,0794,38668,8759,074116,929
misc current assets
total current assets734,502488,966298,279210,959142,140303,785119,004203,243106,41983,309159,363
total assets2,254,0741,945,4261,509,7651,311,429893,627949,350756,545788,645581,851165,764166,124
Bank overdraft9,2934,45012,715
Bank loan10,64810,6499,4085,381
Trade Creditors 32,08842,93931,41276,92416,100121,10773,604150,09697,84320,77692,651
Group/Directors Accounts
other short term finances
hp & lease commitments25,99233,83723,99123,283
other current liabilities262,557108,42198,42333,044139,689154,873190,557100,002183,261130,34055,400
total current liabilities331,285195,846163,234138,632155,789275,980264,161250,098290,397155,566160,766
loans297,296369,132111,508178,306
hp & lease commitments134,263160,29120,54344,534
Accruals and Deferred Income
other liabilities
provisions585,162
total long term liabilities441,229184,56655,75489,153
total liabilities772,514380,412218,988227,785155,789275,980264,161250,098290,397155,566160,766
net assets1,481,5601,565,0141,290,7771,083,644737,838673,370492,384538,547291,45410,1985,358
total shareholders funds1,481,5601,565,0141,290,7771,083,644737,838673,370492,384538,547291,45410,1985,358
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Operating Activities
Operating Profit-72,081346,298257,852308,27680,906-413,241-164,715-268,581-314,616-28,1244,405
Depreciation110,41659,22158,57121,15516,80316,80311,8258,9386,7871,968684
Amortisation436,158386,067340,666281,251245,025243,525194,166133,70269,2751,3121,750
Tax-143,050104,078108,22991,713101,82475,05399,702119,144
Stock
Debtors170,29941,110-10,947-33,77736,068-6,538-110,932161,313-36,69131,80142,434
Creditors-10,85111,527-45,51260,824-105,00747,503-76,49252,25377,067-71,87592,651
Accruals and Deferred Income154,1369,99865,379-106,645-15,184-35,68490,555-83,25952,92174,94055,400
Deferred Taxes & Provisions585,162
Cash flow from operations889,591876,079796,132690,351288,299-59,503265,973-199,116-71,875-53,580112,456
Investing Activities
capital expenditure-609,686-690,262-510,253-651,389-367,750-268,352-258,130-252,610-469,039-78,974-9,195
Change in Investments
cash flow from investments-609,686-690,262-510,253-651,389-367,750-268,352-258,130-252,610-469,039-78,974-9,195
Financing Activities
Bank loans-11,2414,0275,381
Group/Directors Accounts
Other Short Term Loans
Long term loans-71,836257,624-66,798178,306
Hire Purchase and Lease Commitments-33,873149,594-23,28367,817
other long term liabilities
share issue5,6434,4855,626100,579-1,816593,27619,226397,007596,21633,8501,000
interest-8,976-11,211-2,548-522-478-363-376-477-344-886-47
cash flow from financing-109,043401,733-82,976351,561-2,294592,91318,850396,530595,87232,964953
cash and cash equivalents
cash75,237149,57798,267102,596-197,713191,31926,693-64,48959,801-107,855116,929
overdraft-9,2934,843-8,26512,715
change in cash75,237149,57798,267102,596-197,713191,31926,693-55,19654,958-99,590104,214

sport:80 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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Sport:80 Limited Competitor Analysis

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Perform a competitor analysis for sport:80 limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in S 3 area or any other competitors across 12 key performance metrics.

sport:80 limited Ownership

SPORT:80 LIMITED group structure

Sport:80 Limited has 2 subsidiary companies.

Ultimate parent company

SPORT:80 LIMITED

08798940

2 subsidiaries

SPORT:80 LIMITED Shareholders

gary hargraves 47.33%
the focusplay retirement benefit scheme 8.07%
timothy haden-scott 6.31%
we know data limited 6.28%
jonathan turner 6.02%
paul goswel 5.91%
garth palmer 5.27%
harry bunting 5.02%
ainslie capital 2.01%
greg kuenzel 1.92%

sport:80 limited directors

Sport:80 Limited currently has 2 directors. The longest serving directors include Mr Gary Hargraves (Dec 2013) and Mr Garth Palmer (Sep 2015).

officercountryagestartendrole
Mr Gary HargravesEngland58 years Dec 2013- Director
Mr Garth PalmerEngland44 years Sep 2015- Director

P&L

December 2023

turnover

2.4m

+26%

operating profit

-72.1k

0%

gross margin

73.5%

+4.9%

turnover

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

Balance Sheet

December 2023

net assets

1.5m

-0.05%

total assets

2.3m

+0.16%

cash

450.4k

+0.2%

net assets

Total assets minus all liabilities

sport:80 limited company details

company number

08798940

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

December 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

sport:80 plc (November 2020)

sport:80 global plc (September 2015)

accountant

-

auditor

-

address

unit 3, neepsend triangle business centr, sheffield, S3 8BW

Bank

HSBC BANK PLC

Legal Advisor

HILL DICKINSON LLP

sport:80 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 sport:80 limited.

sport:80 limited 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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sport:80 limited Companies House Filings - See Documents

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