john simpson racing limited
john simpson racing limited Company Information
Company Number
09061529
Website
-Registered Address
6 sewardstone road, waltham abbey, essex, EN9 1NA
Industry
Other sports activities (not including activities of racehorse owners) n.e.c.
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
margaret simpson 50%
john simpson 50%
john simpson racing limited Estimated Valuation
Pomanda estimates the enterprise value of JOHN SIMPSON RACING LIMITED at £65.6k based on a Turnover of £86.6k and 0.76x industry multiple (adjusted for size and gross margin).
john simpson racing limited Estimated Valuation
Pomanda estimates the enterprise value of JOHN SIMPSON RACING LIMITED at £14.7k based on an EBITDA of £5.2k and a 2.8x industry multiple (adjusted for size and gross margin).
john simpson racing limited Estimated Valuation
Pomanda estimates the enterprise value of JOHN SIMPSON RACING LIMITED at £0 based on Net Assets of £-26.3k and 1.7x industry multiple (adjusted for liquidity).
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John Simpson Racing Limited Overview
John Simpson Racing Limited is a live company located in essex, EN9 1NA with a Companies House number of 09061529. It operates in the other sports activities sector, SIC Code 93199. Founded in May 2014, it's largest shareholder is margaret simpson with a 50% stake. John Simpson Racing Limited is a established, micro sized company, Pomanda has estimated its turnover at £86.6k with declining growth in recent years.
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John Simpson Racing Limited Health Check
Pomanda's financial health check has awarded John Simpson Racing Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
8 Weak
Size
annual sales of £86.6k, make it smaller than the average company (£506.3k)
- John Simpson Racing Limited
£506.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (5.7%)
- John Simpson Racing Limited
5.7% - Industry AVG
Production
with a gross margin of 43.1%, this company has a comparable cost of product (43.1%)
- John Simpson Racing Limited
43.1% - Industry AVG
Profitability
an operating margin of -17.1% make it less profitable than the average company (1.8%)
- John Simpson Racing Limited
1.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (13)
3 - John Simpson Racing Limited
13 - Industry AVG
Pay Structure
on an average salary of £25.6k, the company has an equivalent pay structure (£25.6k)
- John Simpson Racing Limited
£25.6k - Industry AVG
Efficiency
resulting in sales per employee of £28.9k, this is less efficient (£62.8k)
- John Simpson Racing Limited
£62.8k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (16 days)
- John Simpson Racing Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (32 days)
- John Simpson Racing Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- John Simpson Racing Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (77 weeks)
1 weeks - John Simpson Racing Limited
77 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 141.6%, this is a higher level of debt than the average (37.3%)
141.6% - John Simpson Racing Limited
37.3% - Industry AVG
JOHN SIMPSON RACING LIMITED financials
John Simpson Racing Limited's latest turnover from May 2023 is estimated at £86.6 thousand and the company has net assets of -£26.3 thousand. According to their latest financial statements, John Simpson Racing Limited has 3 employees and maintains cash reserves of £1.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | 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 | 3 | 5 | 5 | 5 | 5 | 6 | 7 | 7 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 60,030 | 65,240 | 83,239 | 81,216 | 80,058 | 87,685 | 85,850 | 50,941 | 26,400 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 60,030 | 65,240 | 83,239 | 81,216 | 80,058 | 87,685 | 85,850 | 50,941 | 26,400 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,765 | 1,765 | 8,868 | 1,500 | 3,745 | 13,465 | 13,465 | 15,942 | 4,963 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 40 | 0 | 0 | 0 | 0 | 0 | 1,777 | 790 | 0 |
| Cash | 1,242 | 2,708 | 4,803 | 39,959 | 11,304 | 4,227 | 1,013 | 3,706 | 1,072 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,047 | 4,473 | 13,671 | 41,459 | 15,049 | 17,692 | 16,255 | 20,438 | 6,035 |
| total assets | 63,077 | 69,713 | 96,910 | 122,675 | 95,107 | 105,377 | 102,105 | 71,379 | 32,435 |
| Bank overdraft | 0 | 4,599 | 3,167 | 5,000 | 5,000 | 5,000 | 5,000 | 0 | 0 |
| Bank loan | 1,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 30,848 |
| Group/Directors Accounts | 49,733 | 27,092 | 36,209 | 55,418 | 65,711 | 70,413 | 71,458 | 51,035 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 2,278 | 0 | 0 | 0 | 0 | 9,609 | 9,609 | 9,849 | 0 |
| other current liabilities | 3,970 | 7,234 | 8,021 | 14,247 | 15,167 | 6,051 | 5,228 | 5,317 | 0 |
| total current liabilities | 59,481 | 40,925 | 49,397 | 76,665 | 87,878 | 93,073 | 93,295 | 68,201 | 30,848 |
| loans | 24,912 | 36,805 | 38,500 | 31,667 | 6,667 | 11,667 | 16,667 | 0 | 0 |
| hp & lease commitments | 4,935 | 0 | 0 | 0 | 0 | 12,000 | 9,608 | 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 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 29,847 | 36,805 | 38,500 | 31,667 | 6,667 | 23,667 | 26,275 | 0 | 0 |
| total liabilities | 89,328 | 77,730 | 87,897 | 108,332 | 94,545 | 116,740 | 119,570 | 68,201 | 30,848 |
| net assets | -26,251 | -8,017 | 9,013 | 14,343 | 562 | -11,363 | -17,465 | 3,178 | 1,587 |
| total shareholders funds | -26,251 | -8,017 | 9,013 | 14,343 | 562 | -11,363 | -17,465 | 3,178 | 1,587 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 20,010 | 39,205 | 27,747 | 27,102 | 26,687 | 29,716 | 28,617 | 16,981 | 6,600 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 40 | -7,103 | 7,368 | -2,245 | -9,720 | -1,777 | -1,490 | 11,769 | 4,963 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -28,848 | 30,848 |
| Accruals and Deferred Income | -3,264 | -787 | -6,226 | -920 | 9,116 | 823 | -89 | 5,317 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 1,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 22,641 | -9,117 | -19,209 | -10,293 | -4,702 | -1,045 | 20,423 | 51,035 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -11,893 | -1,695 | 6,833 | 25,000 | -5,000 | -5,000 | 16,667 | 0 | 0 |
| Hire Purchase and Lease Commitments | 7,213 | 0 | 0 | 0 | -21,609 | 2,392 | 9,368 | 9,849 | 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 | -1,466 | -2,095 | -35,156 | 28,655 | 7,077 | 3,214 | -2,693 | 2,634 | 1,072 |
| overdraft | -4,599 | 1,432 | -1,833 | 0 | 0 | 0 | 5,000 | 0 | 0 |
| change in cash | 3,133 | -3,527 | -33,323 | 28,655 | 7,077 | 3,214 | -7,693 | 2,634 | 1,072 |
john simpson racing limited Credit Report and Business Information
John Simpson Racing Limited Competitor Analysis
Perform a competitor analysis for john simpson racing limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in EN9 area or any other competitors across 12 key performance metrics.
john simpson racing limited Ownership
JOHN SIMPSON RACING LIMITED group structure
John Simpson Racing Limited has no subsidiary companies.
Ultimate parent company
JOHN SIMPSON RACING LIMITED
09061529
john simpson racing limited directors
John Simpson Racing Limited currently has 2 directors. The longest serving directors include Ms Margaret Simpson (May 2014) and Mr John Simpson (May 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Margaret Simpson | United Kingdom | 71 years | May 2014 | - | Director |
| Mr John Simpson | England | 73 years | May 2014 | - | Director |
P&L
May 2023turnover
86.6k
-31%
operating profit
-14.8k
0%
gross margin
43.1%
-11.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-26.3k
+2.27%
total assets
63.1k
-0.1%
cash
1.2k
-0.54%
net assets
Total assets minus all liabilities
john simpson racing limited company details
company number
09061529
Type
Private limited with Share Capital
industry
93199 - Other sports activities (not including activities of racehorse owners) n.e.c.
incorporation date
May 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
6 sewardstone road, waltham abbey, essex, EN9 1NA
Bank
-
Legal Advisor
-
john simpson racing 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 john simpson racing limited.
john simpson racing limited Companies House Filings - See Documents
| date | description | view/download |
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