eureka momentum limited

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eureka momentum limited Company Information

Share EUREKA MOMENTUM LIMITED

Company Number

08862712

Directors

Simon Price

Celia Price

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Shareholders

just checking future ltd

simon david price

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Group Structure

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Industry

Specialised design activities

 

Registered Address

3 stratheden court, 5 chapel street, stratford-upon-avon, CV37 6EP

Website

-

eureka momentum limited Estimated Valuation

£92.6k

Pomanda estimates the enterprise value of EUREKA MOMENTUM LIMITED at £92.6k based on a Turnover of £214.4k and 0.43x industry multiple (adjusted for size and gross margin).

eureka momentum limited Estimated Valuation

£165.4k

Pomanda estimates the enterprise value of EUREKA MOMENTUM LIMITED at £165.4k based on an EBITDA of £46.4k and a 3.57x industry multiple (adjusted for size and gross margin).

eureka momentum limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of EUREKA MOMENTUM LIMITED at £1.6m based on Net Assets of £860.2k and 1.85x industry multiple (adjusted for liquidity).

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Eureka Momentum Limited Overview

Eureka Momentum Limited is a live company located in stratford-upon-avon, CV37 6EP with a Companies House number of 08862712. It operates in the specialised design activities sector, SIC Code 74100. Founded in January 2014, it's largest shareholder is just checking future ltd with a 60% stake. Eureka Momentum Limited is a established, micro sized company, Pomanda has estimated its turnover at £214.4k with healthy growth in recent years.

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Eureka Momentum Limited Health Check

Pomanda's financial health check has awarded Eureka Momentum Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

2 Weak

size

Size

annual sales of £214.4k, make it in line with the average company (£245.9k)

£214.4k - Eureka Momentum Limited

£245.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a slower rate (14.2%)

9% - Eureka Momentum Limited

14.2% - Industry AVG

production

Production

with a gross margin of 48.5%, this company has a comparable cost of product (48.5%)

48.5% - Eureka Momentum Limited

48.5% - Industry AVG

profitability

Profitability

an operating margin of 21.6% make it more profitable than the average company (10.1%)

21.6% - Eureka Momentum Limited

10.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (3)

2 - Eureka Momentum Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.7k, the company has an equivalent pay structure (£33.7k)

£33.7k - Eureka Momentum Limited

£33.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £107.2k, this is equally as efficient (£107.2k)

£107.2k - Eureka Momentum Limited

£107.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Eureka Momentum Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Eureka Momentum Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Eureka Momentum Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 37 weeks, this is more cash available to meet short term requirements (25 weeks)

37 weeks - Eureka Momentum Limited

25 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 0%, this is a lower level of debt than the average (60.4%)

0% - Eureka Momentum Limited

60.4% - Industry AVG

EUREKA MOMENTUM LIMITED financials

EXPORTms excel logo

Eureka Momentum Limited's latest turnover from May 2024 is estimated at £214.4 thousand and the company has net assets of £860.2 thousand. According to their latest financial statements, Eureka Momentum Limited has 2 employees and maintains cash reserves of £100 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016Jan 2015
Turnover214,386201,158189,071167,352178,512188,744215,623103,739100,192
Other Income Or Grants
Cost Of Sales110,482101,82577,11179,35879,31777,73690,08441,44940,842
Gross Profit103,90499,332111,96087,99499,195111,008125,54062,29059,350
Admin Expenses57,509-1,997111,961-124,969-56,360154,009201,54037,599-128,150
Operating Profit46,395101,329-1212,963155,555-43,001-76,00024,691187,500
Interest Payable
Interest Receivable55111
Pre-Tax Profit46,400101,333212,963155,556-43,000-76,00024,691187,500
Tax-11,600-25,333-40,463-29,556-4,691-37,500
Profit After Tax34,80076,000172,500126,000-43,000-76,00020,000150,000
Dividends Paid
Retained Profit34,80076,000172,500126,000-43,000-76,00020,000150,000
Employee Costs67,33764,51664,94760,70854,78178,80888,42840,92539,742
Number Of Employees222222211
EBITDA*46,395101,329-1212,963155,555-43,001-76,00024,691187,500

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016Jan 2015
Tangible Assets
Intangible Assets
Investments & Other510,336510,336510,336510,336510,336510,336510,336510,336510,336
Debtors (Due After 1 year)
Total Fixed Assets510,336510,336510,336510,336510,336510,336510,336510,336510,336
Stock & work in progress
Trade Debtors
Group Debtors349,889315,089239,089396,589100,58958954,589130,389149,450
Misc Debtors
Cash100100100100100100100100100
misc current assets
total current assets349,989315,189239,189396,689100,68968954,689130,489149,550
total assets860,325825,525749,525907,025611,025511,025565,025640,825659,886
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities139139139157,63934,13960,13971,13970,939110,000
total current liabilities139139139157,63934,13960,13971,13970,939110,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities139139139157,63934,13960,13971,13970,939110,000
net assets860,186825,386749,386749,386576,886450,886493,886569,886549,886
total shareholders funds860,186825,386749,386749,386576,886450,886493,886569,886549,886
May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016Jan 2015
Operating Activities
Operating Profit46,395101,329-1212,963155,555-43,001-76,00024,691187,500
Depreciation
Amortisation
Tax-11,600-25,333-40,463-29,556-4,691-37,500
Stock
Debtors34,80076,000-157,500296,000100,000-54,000-75,800-19,061149,450
Creditors
Accruals and Deferred Income-157,500123,500-26,000-11,000200-39,061110,000
Deferred Taxes & Provisions
Cash flow from operations-5-4-1-1-1110,550
Investing Activities
capital expenditure
Change in Investments510,336
cash flow from investments-510,336
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue399,886
interest55111
cash flow from financing55111399,886
cash and cash equivalents
cash100
overdraft
change in cash100

eureka momentum 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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Eureka Momentum Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for eureka momentum limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in CV37 area or any other competitors across 12 key performance metrics.

eureka momentum limited Ownership

EUREKA MOMENTUM LIMITED group structure

Eureka Momentum Limited has 1 subsidiary company.

Ultimate parent company

1 parent

EUREKA MOMENTUM LIMITED

08862712

1 subsidiary

EUREKA MOMENTUM LIMITED Shareholders

just checking future ltd 60%
simon david price 20%
celia caroline price 20%

eureka momentum limited directors

Eureka Momentum Limited currently has 4 directors. The longest serving directors include Mr Simon Price (Jan 2014) and Mrs Celia Price (Oct 2017).

officercountryagestartendrole
Mr Simon PriceUnited Kingdom67 years Jan 2014- Director
Mrs Celia PriceUnited Kingdom66 years Oct 2017- Director
Mr Matt CreakEngland42 years Oct 2024- Director
Ms Amy LewisEngland41 years Oct 2024- Director

P&L

May 2024

turnover

214.4k

+7%

operating profit

46.4k

0%

gross margin

48.5%

-1.85%

turnover

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

Balance Sheet

May 2024

net assets

860.2k

+0.04%

total assets

860.3k

+0.04%

cash

100

0%

net assets

Total assets minus all liabilities

eureka momentum limited company details

company number

08862712

Type

Private limited with Share Capital

industry

74100 - Specialised design activities

incorporation date

January 2014

age

11

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

May 2024

previous names

N/A

accountant

ORMEROD RUTTER LIMITED

auditor

-

address

3 stratheden court, 5 chapel street, stratford-upon-avon, CV37 6EP

Bank

-

Legal Advisor

-

eureka momentum 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 eureka momentum limited.

eureka momentum 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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eureka momentum limited Companies House Filings - See Documents

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