better placed london limited
better placed london limited Company Information
Company Number
08890528
Website
www.betterplaced.comRegistered Address
3 greengate cardale park, harrogate, north yorkshire, HG3 1GY
Industry
Temporary employment agency activities
Telephone
01132364040
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
better placed recruitment group limited 100%
better placed london limited Estimated Valuation
Pomanda estimates the enterprise value of BETTER PLACED LONDON LIMITED at £64.5k based on a Turnover of £434.7k and 0.15x industry multiple (adjusted for size and gross margin).
better placed london limited Estimated Valuation
Pomanda estimates the enterprise value of BETTER PLACED LONDON LIMITED at £438.1k based on an EBITDA of £143.1k and a 3.06x industry multiple (adjusted for size and gross margin).
better placed london limited Estimated Valuation
Pomanda estimates the enterprise value of BETTER PLACED LONDON LIMITED at £284.1k based on Net Assets of £179.4k and 1.58x industry multiple (adjusted for liquidity).
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Better Placed London Limited Overview
Better Placed London Limited is a live company located in north yorkshire, HG3 1GY with a Companies House number of 08890528. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in February 2014, it's largest shareholder is better placed recruitment group limited with a 100% stake. Better Placed London Limited is a established, micro sized company, Pomanda has estimated its turnover at £434.7k with declining growth in recent years.
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Better Placed London Limited Health Check
Pomanda's financial health check has awarded Better Placed London Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
5 Weak
Size
annual sales of £434.7k, make it smaller than the average company (£13.3m)
- Better Placed London Limited
£13.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (1%)
- Better Placed London Limited
1% - Industry AVG
Production
with a gross margin of 17.8%, this company has a comparable cost of product (17.8%)
- Better Placed London Limited
17.8% - Industry AVG
Profitability
an operating margin of 21.1% make it more profitable than the average company (2.7%)
- Better Placed London Limited
2.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (50)
2 - Better Placed London Limited
50 - Industry AVG
Pay Structure
on an average salary of £51k, the company has an equivalent pay structure (£51k)
- Better Placed London Limited
£51k - Industry AVG
Efficiency
resulting in sales per employee of £217.4k, this is less efficient (£273.1k)
- Better Placed London Limited
£273.1k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is near the average (49 days)
- Better Placed London Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (4 days)
- Better Placed London Limited
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Better Placed London Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is average cash available to meet short term requirements (5 weeks)
4 weeks - Better Placed London Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.4%, this is a lower level of debt than the average (75.3%)
51.4% - Better Placed London Limited
75.3% - Industry AVG
BETTER PLACED LONDON LIMITED financials
Better Placed London Limited's latest turnover from December 2022 is estimated at £434.7 thousand and the company has net assets of £179.4 thousand. According to their latest financial statements, Better Placed London Limited has 2 employees and maintains cash reserves of £14.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Feb 2016 | Feb 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 | 2 | 3 | 7 | 11 | 12 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,045 | 4,919 | 5,172 | 6,662 | 8,390 | 9,431 | 0 | 0 | 0 |
| Intangible Assets | 275,003 | 325,003 | 375,003 | 425,004 | 450,004 | 475,004 | 0 | 0 | 0 |
| Investments & Other | 268 | 57 | 204 | 145 | 0 | 65 | 0 | 1 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 278,316 | 329,979 | 380,379 | 431,811 | 458,394 | 484,500 | 0 | 1 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 70,604 | 82,198 | 32,702 | 30,536 | 54,184 | 161,398 | 0 | 0 | 0 |
| Group Debtors | 0 | 43,623 | 0 | 872,941 | 608,893 | 301,867 | 0 | 0 | 0 |
| Misc Debtors | 6,056 | 10,123 | 41,090 | 64,134 | 38,280 | 81,697 | 100 | 0 | 0 |
| Cash | 14,193 | 8,788 | 5,913 | 7,112 | 12,096 | 38,256 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 90,853 | 144,732 | 79,705 | 974,723 | 713,453 | 583,218 | 100 | 0 | 0 |
| total assets | 369,169 | 474,711 | 460,084 | 1,406,534 | 1,171,847 | 1,067,718 | 100 | 1 | 0 |
| Bank overdraft | 8,946 | 8,830 | 5,876 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 550 | 4,779 | 45,760 | 27,823 | 114,238 | 61,610 | 0 | 0 | 0 |
| Group/Directors Accounts | 31,677 | 162,230 | 115,084 | 1,017,528 | 775,130 | 634,498 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 111,314 | 148,535 | 193,656 | 347,838 | 183,902 | 302,763 | 0 | 0 | 0 |
| total current liabilities | 152,487 | 324,374 | 360,376 | 1,393,189 | 1,073,270 | 998,871 | 0 | 0 | 0 |
| loans | 37,310 | 42,010 | 44,124 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 75 | 0 | 0 | 0 | 0 |
| total long term liabilities | 37,310 | 42,010 | 44,124 | 0 | 75 | 0 | 0 | 0 | 0 |
| total liabilities | 189,797 | 366,384 | 404,500 | 1,393,189 | 1,073,345 | 998,871 | 0 | 0 | 0 |
| net assets | 179,372 | 108,327 | 55,584 | 13,345 | 98,502 | 68,847 | 100 | 1 | 0 |
| total shareholders funds | 179,372 | 108,327 | 55,584 | 13,345 | 98,502 | 68,847 | 100 | 1 | 0 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 1,204 | 1,504 | 1,739 | 2,186 | 2,541 | 0 | 0 | 0 | |
| Amortisation | 50,000 | 50,000 | 50,001 | 25,000 | 25,000 | 0 | 0 | 0 | |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -59,284 | 62,152 | -893,819 | 266,254 | 156,395 | 544,862 | 100 | 0 | 0 |
| Creditors | -4,229 | -40,981 | 17,937 | -86,415 | 52,628 | 61,610 | 0 | 0 | 0 |
| Accruals and Deferred Income | -37,221 | -45,121 | -154,182 | 163,936 | -118,861 | 302,763 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -75 | 75 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 211 | -147 | 59 | 145 | -65 | 65 | 0 | 1 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -130,553 | 47,146 | -902,444 | 242,398 | 140,632 | 634,498 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -4,700 | -2,114 | 44,124 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 5,405 | 2,875 | -1,199 | -4,984 | -26,160 | 38,256 | 0 | 0 | 0 |
| overdraft | 116 | 2,954 | 5,876 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 5,289 | -79 | -7,075 | -4,984 | -26,160 | 38,256 | 0 | 0 | 0 |
better placed london limited Credit Report and Business Information
Better Placed London Limited Competitor Analysis
Perform a competitor analysis for better placed london limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
better placed london limited Ownership
BETTER PLACED LONDON LIMITED group structure
Better Placed London Limited has no subsidiary companies.
Ultimate parent company
1 parent
BETTER PLACED LONDON LIMITED
08890528
better placed london limited directors
Better Placed London Limited currently has 4 directors. The longest serving directors include Mr Simon Stephens (Jul 2016) and Mr Dean Bartle (May 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Stephens | United Kingdom | 51 years | Jul 2016 | - | Director |
| Mr Dean Bartle | United Kingdom | 51 years | May 2017 | - | Director |
| Mr Andrew Gibson | United Kingdom | 52 years | May 2017 | - | Director |
| Mr Paul Bendelow | United Kingdom | 51 years | Dec 2018 | - | Director |
P&L
December 2022turnover
434.7k
-27%
operating profit
91.9k
0%
gross margin
17.8%
+11.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
179.4k
+0.66%
total assets
369.2k
-0.22%
cash
14.2k
+0.62%
net assets
Total assets minus all liabilities
Similar Companies
better placed london limited company details
company number
08890528
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
February 2014
age
10
accounts
Total Exemption Full
ultimate parent company
previous names
better placed recruitment limited (March 2017)
gyratum limited (July 2016)
incorporated
UK
address
3 greengate cardale park, harrogate, north yorkshire, HG3 1GY
last accounts submitted
December 2022
better placed london 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 found 3 charges/mortgages relating to better placed london limited. Currently there are 3 open charges and 0 have been satisfied in the past.
better placed london limited Companies House Filings - See Documents
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