poppy red solutions ltd
poppy red solutions ltd Company Information
Group Structure
View All
Industry
General cleaning of buildings
Registered Address
7 victoria road, tamworth, B79 7HS
Website
-poppy red solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of POPPY RED SOLUTIONS LTD at £50.5k based on a Turnover of £164.9k and 0.31x industry multiple (adjusted for size and gross margin).
poppy red solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of POPPY RED SOLUTIONS LTD at £0 based on an EBITDA of £-100.4k and a 2.62x industry multiple (adjusted for size and gross margin).
poppy red solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of POPPY RED SOLUTIONS LTD at £0 based on Net Assets of £-490.4k and 2.36x industry multiple (adjusted for liquidity).
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Poppy Red Solutions Ltd Overview
Poppy Red Solutions Ltd is a dissolved company that was located in tamworth, B79 7HS with a Companies House number of 08967992. It operated in the general cleaning of buildings sector, SIC Code 81210. Founded in March 2014, it's largest shareholder was maxine williams with a 100% stake. The last turnover for Poppy Red Solutions Ltd was estimated at £164.9k.
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Poppy Red Solutions Ltd Health Check
Pomanda's financial health check has awarded Poppy Red Solutions Ltd a 3.5 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
4 Strong
2 Regular
4 Weak
Size
annual sales of £3.9m, make it larger than the average company (£349.8k)
- Poppy Red Solutions Ltd
£349.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 106%, show it is growing at a faster rate (2.1%)
- Poppy Red Solutions Ltd
2.1% - Industry AVG
Production
with a gross margin of 22.5%, this company has a comparable cost of product (22.5%)
- Poppy Red Solutions Ltd
22.5% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (5.6%)
- Poppy Red Solutions Ltd
5.6% - Industry AVG
Employees
with 12 employees, this is below the industry average (25)
12 - Poppy Red Solutions Ltd
25 - Industry AVG
Pay Structure
on an average salary of £12.7k, the company has an equivalent pay structure (£12.7k)
- Poppy Red Solutions Ltd
£12.7k - Industry AVG
Efficiency
resulting in sales per employee of £326.4k, this is more efficient (£20.5k)
- Poppy Red Solutions Ltd
£20.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Poppy Red Solutions Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is slower than average (9 days)
- Poppy Red Solutions Ltd
9 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Poppy Red Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - Poppy Red Solutions Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 935.2%, this is a higher level of debt than the average (66.3%)
935.2% - Poppy Red Solutions Ltd
66.3% - Industry AVG
POPPY RED SOLUTIONS LTD financials
Poppy Red Solutions Ltd's latest turnover from December 2022 is estimated at £164.9 thousand and the company has net assets of -£490.4 thousand. According to their latest financial statements, Poppy Red Solutions Ltd has 12 employees and maintains cash reserves of £2.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 234,181 | 244,947 | |||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | 1,301 | 1,298 | |||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | -37,559 | -50,810 | |||||||
| Tax | |||||||||
| Profit After Tax | -37,559 | -50,810 | |||||||
| Dividends Paid | |||||||||
| Retained Profit | -37,559 | -50,810 | |||||||
| Employee Costs | 172,156 | 129,176 | |||||||
| Number Of Employees | 12 | 12 | 11 | 14 | 16 | 17 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 28,771 | 32,369 | 22,596 | 28,633 | 5,639 | 50,249 | 57,769 | 5,396 | 4,298 |
| Intangible Assets | 8,750 | 14,375 | 21,875 | 29,375 | 36,875 | 59,375 | 66,875 | ||
| Investments & Other | 2,500 | 2,500 | |||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 37,521 | 49,244 | 46,971 | 58,008 | 42,514 | 50,249 | 57,769 | 64,771 | 71,173 |
| Stock & work in progress | 4,704 | ||||||||
| Trade Debtors | 6,332 | 474 | 3,711 | 5,453 | 7,825 | 32,406 | |||
| Group Debtors | |||||||||
| Misc Debtors | 1,983 | 538 | |||||||
| Cash | 2,581 | 4,687 | 18,059 | 9,805 | 4,241 | 9,381 | 29,443 | ||
| misc current assets | 600 | 1,800 | |||||||
| total current assets | 2,581 | 4,687 | 24,391 | 11,788 | 5,253 | 4,311 | 7,253 | 17,206 | 66,553 |
| total assets | 40,102 | 53,931 | 71,362 | 69,796 | 47,767 | 54,560 | 65,022 | 81,977 | 137,726 |
| Bank overdraft | 6,245 | ||||||||
| Bank loan | |||||||||
| Trade Creditors | 320 | 281,960 | 190,334 | 152,465 | 72,326 | 18,018 | 24,025 | 36,367 | 132,346 |
| Group/Directors Accounts | 190,565 | 123,161 | 91,040 | ||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 527,668 | 222,416 | 253,154 | 254,010 | 232,740 | ||||
| total current liabilities | 527,988 | 504,376 | 449,733 | 406,475 | 305,066 | 208,583 | 147,186 | 127,407 | 132,346 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | 825 | 825 | |||||||
| other liabilities | 2,512 | 5,425 | |||||||
| provisions | |||||||||
| total long term liabilities | 2,512 | 5,425 | 825 | 825 | |||||
| total liabilities | 530,500 | 504,376 | 449,733 | 411,900 | 305,066 | 209,408 | 148,011 | 127,407 | 132,346 |
| net assets | -490,398 | -450,445 | -378,371 | -342,104 | -257,299 | -154,848 | -82,989 | -45,430 | 5,380 |
| total shareholders funds | -490,398 | -450,445 | -378,371 | -342,104 | -257,299 | -154,848 | -82,989 | -45,430 | 5,380 |
| Dec 2022 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 6,110 | 6,735 | 7,630 | 9,437 | 2,129 | 2,067 | 1,845 | ||
| Amortisation | 5,625 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 8,125 | ||
| Tax | |||||||||
| Stock | -4,704 | 4,704 | |||||||
| Debtors | -6,332 | -6,332 | 4,349 | 971 | -2,699 | -1,742 | -2,372 | -24,581 | 32,406 |
| Creditors | -190,014 | 91,626 | 37,869 | 80,139 | 54,308 | -6,007 | -12,342 | -95,979 | 132,346 |
| Accruals and Deferred Income | 274,514 | -30,738 | -856 | 21,270 | 231,915 | 825 | |||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | -2,500 | 2,500 | |||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -190,565 | 67,404 | 32,121 | 91,040 | |||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | 2,512 | -5,425 | 5,425 | ||||||
| share issue | |||||||||
| interest | -1,301 | -1,298 | |||||||
| cash flow from financing | 30,820 | 89,742 | |||||||
| cash and cash equivalents | |||||||||
| cash | -15,478 | -13,372 | 8,254 | 5,564 | 4,241 | -9,381 | -20,062 | 29,443 | |
| overdraft | -6,245 | -6,245 | 6,245 | ||||||
| change in cash | -9,233 | -7,127 | 2,009 | 5,564 | 4,241 | -9,381 | -20,062 | 29,443 |
poppy red solutions ltd Credit Report and Business Information
Poppy Red Solutions Ltd Competitor Analysis
Perform a competitor analysis for poppy red solutions ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in B79 area or any other competitors across 12 key performance metrics.
poppy red solutions ltd Ownership
POPPY RED SOLUTIONS LTD group structure
Poppy Red Solutions Ltd has no subsidiary companies.
Ultimate parent company
POPPY RED SOLUTIONS LTD
08967992
poppy red solutions ltd directors
Poppy Red Solutions Ltd currently has 1 director, Mrs Maxine Williams serving since Mar 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Maxine Williams | England | 63 years | Mar 2014 | - | Director |
P&L
December 2022turnover
164.9k
-88%
operating profit
-112.1k
0%
gross margin
23.3%
+2.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-490.4k
+0.3%
total assets
40.1k
-0.44%
cash
2.6k
-0.86%
net assets
Total assets minus all liabilities
poppy red solutions ltd company details
company number
08967992
Type
Private limited with Share Capital
industry
81210 - General cleaning of buildings
incorporation date
March 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
-
address
7 victoria road, tamworth, B79 7HS
Bank
-
Legal Advisor
-
poppy red solutions 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 did not find charges/mortgages relating to poppy red solutions ltd.
poppy red solutions 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.
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poppy red solutions ltd Companies House Filings - See Documents
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