storoid ltd
storoid ltd Company Information
Company Number
09022291
Next Accounts
Jan 2025
Industry
Computer consultancy activities
Directors
Shareholders
jeffrey alan young
kari young
Group Structure
View All
Contact
Registered Address
st leonards house, warminster road, bath, BA2 6SQ
Website
-storoid ltd Estimated Valuation
Pomanda estimates the enterprise value of STOROID LTD at £62.5k based on a Turnover of £108.7k and 0.57x industry multiple (adjusted for size and gross margin).
storoid ltd Estimated Valuation
Pomanda estimates the enterprise value of STOROID LTD at £0 based on an EBITDA of £-8.3k and a 3.99x industry multiple (adjusted for size and gross margin).
storoid ltd Estimated Valuation
Pomanda estimates the enterprise value of STOROID LTD at £39.6k based on Net Assets of £17.3k and 2.29x industry multiple (adjusted for liquidity).
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Storoid Ltd Overview
Storoid Ltd is a dissolved company that was located in bath, BA2 6SQ with a Companies House number of 09022291. It operated in the information technology consultancy activities sector, SIC Code 62020. Founded in May 2014, it's largest shareholder was jeffrey alan young with a 60% stake. The last turnover for Storoid Ltd was estimated at £108.7k.
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Storoid Ltd Health Check
Pomanda's financial health check has awarded Storoid Ltd a 2 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
2 Strong
2 Regular
6 Weak
Size
annual sales of £108.7k, make it smaller than the average company (£170.6k)
- Storoid Ltd
£170.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (5.7%)
- Storoid Ltd
5.7% - Industry AVG
Production
with a gross margin of 29.1%, this company has a higher cost of product (54.3%)
- Storoid Ltd
54.3% - Industry AVG
Profitability
an operating margin of -7.6% make it less profitable than the average company (8.9%)
- Storoid Ltd
8.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (12)
2 - Storoid Ltd
12 - Industry AVG
Pay Structure
on an average salary of £52.1k, the company has an equivalent pay structure (£52.1k)
- Storoid Ltd
£52.1k - Industry AVG
Efficiency
resulting in sales per employee of £54.4k, this is less efficient (£116.5k)
- Storoid Ltd
£116.5k - Industry AVG
Debtor Days
it gets paid by customers after 130 days, this is later than average (69 days)
- Storoid Ltd
69 days - Industry AVG
Creditor Days
its suppliers are paid after 103 days, this is slower than average (31 days)
- Storoid Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Storoid Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Storoid Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.8%, this is a similar level of debt than the average (57.3%)
55.8% - Storoid Ltd
57.3% - Industry AVG
STOROID LTD financials
Storoid Ltd's latest turnover from May 2019 is estimated at £108.7 thousand and the company has net assets of £17.3 thousand. According to their latest financial statements, Storoid Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2019 | May 2018 | May 2017 | May 2016 | May 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 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|
| Tangible Assets | 415 | 861 | 674 | 1,447 | 1,171 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 415 | 861 | 674 | 1,447 | 1,171 |
| Stock & work in progress | 0 | 0 | 0 | 11,705 | 0 |
| Trade Debtors | 38,754 | 48,110 | 70,283 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 28,275 | 45,173 |
| misc current assets | 0 | 0 | 0 | 8,160 | 8,160 |
| total current assets | 38,754 | 48,110 | 70,283 | 48,140 | 53,333 |
| total assets | 39,169 | 48,971 | 70,957 | 49,587 | 54,504 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 21,863 | 23,391 | 27,910 | 22,165 | 27,614 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 21,863 | 23,391 | 27,910 | 22,165 | 27,614 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 21,863 | 23,391 | 27,910 | 22,165 | 27,614 |
| net assets | 17,306 | 25,580 | 43,047 | 27,422 | 26,890 |
| total shareholders funds | 17,306 | 25,580 | 43,047 | 27,422 | 26,890 |
| May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 483 | 391 | |||
| Amortisation | 0 | 0 | |||
| Tax | |||||
| Stock | 0 | 0 | -11,705 | 11,705 | 0 |
| Debtors | -9,356 | -22,173 | 70,283 | 0 | 0 |
| Creditors | -1,528 | -4,519 | 5,745 | -5,449 | 27,614 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | -28,275 | -16,898 | 45,173 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -28,275 | -16,898 | 45,173 |
storoid ltd Credit Report and Business Information
Storoid Ltd Competitor Analysis
Perform a competitor analysis for storoid ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in BA2 area or any other competitors across 12 key performance metrics.
storoid ltd Ownership
STOROID LTD group structure
Storoid Ltd has no subsidiary companies.
Ultimate parent company
STOROID LTD
09022291
storoid ltd directors
Storoid Ltd currently has 1 director, Mr Jeffrey Young serving since May 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeffrey Young | United Kingdom | 56 years | May 2014 | - | Director |
P&L
May 2019turnover
108.7k
-9%
operating profit
-8.3k
0%
gross margin
29.1%
+0.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2019net assets
17.3k
-0.32%
total assets
39.2k
-0.2%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
storoid ltd company details
company number
09022291
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
May 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2019
previous names
N/A
accountant
-
auditor
-
address
st leonards house, warminster road, bath, BA2 6SQ
Bank
-
Legal Advisor
-
storoid 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 storoid ltd.
storoid 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 STOROID LTD. This can take several minutes, an email will notify you when this has completed.
storoid ltd Companies House Filings - See Documents
| date | description | view/download |
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