conversion minds ltd
conversion minds ltd Company Information
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
c/o hilton consulting, unit 133 canalot studios, 222 ke, london, W10 5BN
Website
www.conversionminds.comconversion minds ltd Estimated Valuation
Pomanda estimates the enterprise value of CONVERSION MINDS LTD at £1.2m based on a Turnover of £1.6m and 0.73x industry multiple (adjusted for size and gross margin).
conversion minds ltd Estimated Valuation
Pomanda estimates the enterprise value of CONVERSION MINDS LTD at £0 based on an EBITDA of £-274k and a 4.33x industry multiple (adjusted for size and gross margin).
conversion minds ltd Estimated Valuation
Pomanda estimates the enterprise value of CONVERSION MINDS LTD at £404.9k based on Net Assets of £178.5k and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Conversion Minds Ltd Overview
Conversion Minds Ltd is a live company located in london, W10 5BN with a Companies House number of 08858205. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in January 2014, it's largest shareholder is 4ma ventures limited with a 100% stake. Conversion Minds Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.6m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Conversion Minds Ltd Health Check
Pomanda's financial health check has awarded Conversion Minds Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £1.6m, make it larger than the average company (£882.2k)
- Conversion Minds Ltd
£882.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (9.1%)
- Conversion Minds Ltd
9.1% - Industry AVG
Production
with a gross margin of 40.2%, this company has a comparable cost of product (40.2%)
- Conversion Minds Ltd
40.2% - Industry AVG
Profitability
an operating margin of -17% make it less profitable than the average company (6.1%)
- Conversion Minds Ltd
6.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - Conversion Minds Ltd
14 - Industry AVG
Pay Structure
on an average salary of £30.8k, the company has an equivalent pay structure (£30.8k)
- Conversion Minds Ltd
£30.8k - Industry AVG
Efficiency
resulting in sales per employee of £1.6m, this is more efficient (£89.6k)
- Conversion Minds Ltd
£89.6k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (30 days)
- Conversion Minds Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (38 days)
- Conversion Minds Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Conversion Minds Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (47 weeks)
5 weeks - Conversion Minds Ltd
47 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.7%, this is a similar level of debt than the average (42.9%)
42.7% - Conversion Minds Ltd
42.9% - Industry AVG
CONVERSION MINDS LTD financials
Conversion Minds Ltd's latest turnover from January 2024 is estimated at £1.6 million and the company has net assets of £178.5 thousand. According to their latest financial statements, Conversion Minds Ltd has 1 employee and maintains cash reserves of £13.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 284 | 567 | 1,233 | 2,370 | 2,684 | 4,589 | 4,579 | 3,746 | 1,834 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 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 | 284 | 567 | 1,233 | 2,370 | 2,684 | 4,589 | 4,579 | 3,746 | 1,834 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 298,032 | 274,233 | 1,187,045 | 813,935 | 681,945 | 789,583 | 605,496 | 290,265 | 184,469 | 30,905 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 84,739 | 10,767 | 0 |
| Cash | 13,233 | 306,033 | 2,988 | 95,020 | 241,277 | 139,559 | 300,394 | 63,021 | 3,294 | 52,031 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 311,265 | 580,266 | 1,190,033 | 908,955 | 923,222 | 929,142 | 905,890 | 438,025 | 198,530 | 82,936 |
| total assets | 311,549 | 580,833 | 1,191,266 | 911,325 | 925,906 | 933,731 | 910,469 | 441,771 | 200,364 | 82,936 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,421 | 24,900 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 133,020 | 136,428 | 554,327 | 432,737 | 728,853 | 392,832 | 457,479 | 264,837 | 96,875 | 82,585 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 153,701 | 76,093 | 0 |
| total current liabilities | 133,020 | 136,428 | 554,327 | 432,737 | 728,853 | 392,832 | 457,479 | 424,959 | 197,868 | 82,585 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 133,020 | 136,428 | 554,327 | 432,737 | 728,853 | 392,832 | 457,479 | 424,959 | 197,868 | 82,585 |
| net assets | 178,529 | 444,405 | 636,939 | 478,588 | 197,053 | 540,899 | 452,990 | 16,812 | 2,496 | 351 |
| total shareholders funds | 178,529 | 444,405 | 636,939 | 478,588 | 197,053 | 540,899 | 452,990 | 16,812 | 2,496 | 351 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 283 | 666 | 1,137 | 1,730 | 1,905 | 1,905 | 1,523 | 1,051 | 458 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 23,799 | -912,812 | 373,110 | 131,990 | -107,638 | 184,087 | 230,492 | 179,768 | 164,331 | 30,905 |
| Creditors | -3,408 | -417,899 | 121,590 | -296,116 | 336,021 | -64,647 | 192,642 | 167,962 | 14,290 | 82,585 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | -153,701 | 77,608 | 76,093 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 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 | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -292,800 | 303,045 | -92,032 | -146,257 | 101,718 | -160,835 | 237,373 | 59,727 | -48,737 | 52,031 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -6,421 | -18,479 | 24,900 | 0 |
| change in cash | -292,800 | 303,045 | -92,032 | -146,257 | 101,718 | -160,835 | 243,794 | 78,206 | -73,637 | 52,031 |
conversion minds ltd Credit Report and Business Information
Conversion Minds Ltd Competitor Analysis
Perform a competitor analysis for conversion minds ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in W10 area or any other competitors across 12 key performance metrics.
conversion minds ltd Ownership
CONVERSION MINDS LTD group structure
Conversion Minds Ltd has no subsidiary companies.
conversion minds ltd directors
Conversion Minds Ltd currently has 1 director, Mr Zacharie Rajab serving since Feb 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Zacharie Rajab | England | 49 years | Feb 2022 | - | Director |
P&L
January 2024turnover
1.6m
+11%
operating profit
-274.3k
0%
gross margin
40.3%
-3.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
178.5k
-0.6%
total assets
311.5k
-0.46%
cash
13.2k
-0.96%
net assets
Total assets minus all liabilities
Similar Companies
conversion minds ltd company details
company number
08858205
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
January 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
c/o hilton consulting, unit 133 canalot studios, 222 ke, london, W10 5BN
Bank
-
Legal Advisor
-
conversion minds 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 1 charges/mortgages relating to conversion minds ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
conversion minds 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 CONVERSION MINDS LTD. This can take several minutes, an email will notify you when this has completed.
conversion minds ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
