the big exchange limited

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the big exchange limited Company Information

Share THE BIG EXCHANGE LIMITED

Company Number

08964152

Directors

Nigel Kershaw

Kevin Riches

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Shareholders

the big issue group limited

fnz group technologies limited

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Group Structure

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Industry

Activities of financial services holding companies

 

Registered Address

113-115 fonthill road, london, N4 3HH

the big exchange limited Estimated Valuation

£3.4m

Pomanda estimates the enterprise value of THE BIG EXCHANGE LIMITED at £3.4m based on a Turnover of £2.4m and 1.43x industry multiple (adjusted for size and gross margin).

the big exchange limited Estimated Valuation

£0

Pomanda estimates the enterprise value of THE BIG EXCHANGE LIMITED at £0 based on an EBITDA of £-489.1k and a 4.79x industry multiple (adjusted for size and gross margin).

the big exchange limited Estimated Valuation

£0

Pomanda estimates the enterprise value of THE BIG EXCHANGE LIMITED at £0 based on Net Assets of £-125.6k and 1.87x industry multiple (adjusted for liquidity).

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The Big Exchange Limited Overview

The Big Exchange Limited is a live company located in london, N4 3HH with a Companies House number of 08964152. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in March 2014, it's largest shareholder is the big issue group limited with a 31.8% stake. The Big Exchange 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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The Big Exchange Limited Health Check

Pomanda's financial health check has awarded The Big Exchange Limited 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

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £2.4m, make it smaller than the average company (£11.5m)

£2.4m - The Big Exchange Limited

£11.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 42%, show it is growing at a faster rate (9.3%)

42% - The Big Exchange Limited

9.3% - Industry AVG

production

Production

with a gross margin of 77.4%, this company has a comparable cost of product (77.4%)

77.4% - The Big Exchange Limited

77.4% - Industry AVG

profitability

Profitability

an operating margin of -23.7% make it less profitable than the average company (7.5%)

-23.7% - The Big Exchange Limited

7.5% - Industry AVG

employees

Employees

with 14 employees, this is below the industry average (63)

14 - The Big Exchange Limited

63 - Industry AVG

paystructure

Pay Structure

on an average salary of £79.5k, the company has an equivalent pay structure (£79.5k)

£79.5k - The Big Exchange Limited

£79.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £171.4k, this is less efficient (£204.9k)

£171.4k - The Big Exchange Limited

£204.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - The Big Exchange Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 134 days, this is slower than average (46 days)

134 days - The Big Exchange Limited

46 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The Big Exchange Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (29 weeks)

2 weeks - The Big Exchange Limited

29 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 119.8%, this is a higher level of debt than the average (54.4%)

119.8% - The Big Exchange Limited

54.4% - Industry AVG

THE BIG EXCHANGE LIMITED financials

EXPORTms excel logo

The Big Exchange Limited's latest turnover from March 2024 is estimated at £2.4 million and the company has net assets of -£125.6 thousand. According to their latest financial statements, The Big Exchange Limited has 14 employees and maintains cash reserves of £31.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Turnover2,399,0801,744,128724,058844,973683,99241,2310000
Other Income Or Grants0000000000
Cost Of Sales542,225410,703163,040183,741189,94111,3370000
Gross Profit1,856,8551,333,425561,017661,233494,05129,8930000
Admin Expenses2,425,4742,050,7361,091,8621,263,225573,20023,9680-100
Operating Profit-568,619-717,311-530,845-601,992-79,1495,9250100
Interest Payable5,6252,56304,5754,57500000
Interest Receivable7,4436,6641,40835920200000
Pre-Tax Profit-566,801-713,210-529,437-606,208-83,5225,9250100
Tax00000-1,1260000
Profit After Tax-566,801-713,210-529,437-606,208-83,5224,7990100
Dividends Paid0000000000
Retained Profit-566,801-713,210-529,437-606,208-83,5224,7990100
Employee Costs1,113,580788,144464,566359,277283,08267,6900000
Number Of Employees141065410000
EBITDA*-489,059-637,751-490,654-601,992-79,1495,9250100

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Tangible Assets248471,670899000000
Intangible Assets590,527669,264748,001699,869365,33800000
Investments & Other1111111111
Debtors (Due After 1 year)0000000000
Total Fixed Assets590,552670,112749,672700,769365,33911111
Stock & work in progress0000000000
Trade Debtors004,722004,7990000
Group Debtors0000000000
Misc Debtors13,41120,696157,123139,894108,68200000
Cash31,374252,15861,422314,048403,09900000
misc current assets0000000000
total current assets44,785272,854223,267453,942511,7814,7990000
total assets635,337942,966972,9391,154,711877,1204,8001111
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 200,007291,803293,14458,40165,97400000
Group/Directors Accounts188,03760,32811100000
other short term finances50,00050,00000150,00000000
hp & lease commitments0000000000
other current liabilities322,92399,66425,413675,90472,47500000
total current liabilities760,967501,795318,558734,306288,45000000
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities0000000000
provisions000042,59200000
total long term liabilities000042,59200000
total liabilities760,967501,795318,558734,306331,04200000
net assets-125,630441,171654,381420,405546,0784,8001111
total shareholders funds-125,630441,171654,381420,405546,0784,8001111
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Operating Activities
Operating Profit-568,619-717,311-530,845-601,992-79,1495,9250100
Depreciation8238238230000000
Amortisation78,73778,73739,3680000000
Tax00000-1,1260000
Stock0000000000
Debtors-7,285-141,14921,95131,212103,8834,7990000
Creditors-91,796-1,341234,743-7,57365,97400000
Accruals and Deferred Income223,25974,251-650,491603,42972,47500000
Deferred Taxes & Provisions000-42,59242,59200000
Cash flow from operations-350,311-423,692-928,353-79,940-1,99100100
Investing Activities
capital expenditure00-89,094-335,430-365,33800000
Change in Investments0000000001
cash flow from investments00-89,094-335,430-365,3380000-1
Financing Activities
Bank loans0000000000
Group/Directors Accounts127,70960,32700100000
Other Short Term Loans 050,0000-150,000150,00000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities0000000000
share issue0500,000763,413480,535624,80000-101
interest1,8184,1011,408-4,216-4,37300000
cash flow from financing129,527614,428764,821326,319770,42800-101
cash and cash equivalents
cash-220,784190,736-252,626-89,051403,09900000
overdraft0000000000
change in cash-220,784190,736-252,626-89,051403,09900000

the big exchange 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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The Big Exchange Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for the big exchange limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in N 4 area or any other competitors across 12 key performance metrics.

the big exchange limited Ownership

THE BIG EXCHANGE LIMITED group structure

The Big Exchange Limited has 1 subsidiary company.

Ultimate parent company

THE BIG EXCHANGE LIMITED

08964152

1 subsidiary

THE BIG EXCHANGE LIMITED Shareholders

the big issue group limited 31.77%
fnz group technologies limited 8.25%
dunne bird limited 5.78%
nigel kershaw 5.78%
ian henderson 5.78%
kalyxa holdings limited 5.78%
phil goffin 5.78%
the big issue foundation 4.98%
jill jackson 2.89%
emma rose 2.89%

the big exchange limited directors

The Big Exchange Limited currently has 7 directors. The longest serving directors include Mr Nigel Kershaw (Mar 2014) and Mr Kevin Riches (Jun 2018).

officercountryagestartendrole
Mr Nigel KershawEngland73 years Mar 2014- Director
Mr Kevin RichesEngland62 years Jun 2018- Director
Mr Campbell FlemingEngland60 years Dec 2019- Director
Mr Campbell FlemingEngland60 years Dec 2019- Director
Mrs Bhavini DoyleEngland46 years Aug 2021- Director
Mr Din MustaffaEngland34 years Sep 2023- Director
Mr James BryanEngland48 years Sep 2023- Director

P&L

March 2024

turnover

2.4m

+38%

operating profit

-568.6k

0%

gross margin

77.4%

+1.24%

turnover

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

Balance Sheet

March 2024

net assets

-125.6k

-1.28%

total assets

635.3k

-0.33%

cash

31.4k

-0.88%

net assets

Total assets minus all liabilities

the big exchange limited company details

company number

08964152

Type

Private limited with Share Capital

industry

64205 - Activities of financial services holding companies

incorporation date

March 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

big social prosperity ltd (April 2018)

the big issue digital limited (September 2017)

accountant

BLICK ROTHENBERG LIMITED

auditor

-

address

113-115 fonthill road, london, N4 3HH

Bank

-

Legal Advisor

-

the big exchange 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 the big exchange limited.

the big exchange 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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the big exchange limited Companies House Filings - See Documents

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