resolve corporate ltd
resolve corporate ltd Company Information
Company Number
09097935
Website
www.resolvesys.comRegistered Address
11 tewin road business centre, garden court, welwyn garden city, hertfordshire, AL7 1BH
Industry
Accounting, and auditing activities
Telephone
01707324496
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
alan spear 30%
dawn spear 30%
View Allresolve corporate ltd Estimated Valuation
Pomanda estimates the enterprise value of RESOLVE CORPORATE LTD at £217.6k based on a Turnover of £285.2k and 0.76x industry multiple (adjusted for size and gross margin).
resolve corporate ltd Estimated Valuation
Pomanda estimates the enterprise value of RESOLVE CORPORATE LTD at £84.3k based on an EBITDA of £18.9k and a 4.45x industry multiple (adjusted for size and gross margin).
resolve corporate ltd Estimated Valuation
Pomanda estimates the enterprise value of RESOLVE CORPORATE LTD at £48.1k based on Net Assets of £26.1k and 1.85x industry multiple (adjusted for liquidity).
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Resolve Corporate Ltd Overview
Resolve Corporate Ltd is a live company located in welwyn garden city, AL7 1BH with a Companies House number of 09097935. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in June 2014, it's largest shareholder is alan spear with a 30% stake. Resolve Corporate Ltd is a established, micro sized company, Pomanda has estimated its turnover at £285.2k with declining growth in recent years.
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Resolve Corporate Ltd Health Check
Pomanda's financial health check has awarded Resolve Corporate Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £285.2k, make it larger than the average company (£135.6k)
- Resolve Corporate Ltd
£135.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (6.3%)
- Resolve Corporate Ltd
6.3% - Industry AVG
Production
with a gross margin of 44.5%, this company has a higher cost of product (73.7%)
- Resolve Corporate Ltd
73.7% - Industry AVG
Profitability
an operating margin of 6.6% make it less profitable than the average company (14.3%)
- Resolve Corporate Ltd
14.3% - Industry AVG
Employees
with 15 employees, this is above the industry average (3)
15 - Resolve Corporate Ltd
3 - Industry AVG
Pay Structure
on an average salary of £19.7k, the company has an equivalent pay structure (£19.7k)
- Resolve Corporate Ltd
£19.7k - Industry AVG
Efficiency
resulting in sales per employee of £19k, this is less efficient (£70.9k)
- Resolve Corporate Ltd
£70.9k - Industry AVG
Debtor Days
it gets paid by customers after 102 days, this is near the average (96 days)
- Resolve Corporate Ltd
96 days - Industry AVG
Creditor Days
its suppliers are paid after 173 days, this is slower than average (21 days)
- Resolve Corporate Ltd
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Resolve Corporate Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Resolve Corporate Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.1%, this is a higher level of debt than the average (62.4%)
92.1% - Resolve Corporate Ltd
62.4% - Industry AVG
RESOLVE CORPORATE LTD financials
Resolve Corporate Ltd's latest turnover from June 2023 is estimated at £285.2 thousand and the company has net assets of £26.1 thousand. According to their latest financial statements, Resolve Corporate Ltd has 15 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 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 | 15 | 15 | 15 | 15 | 11 | 10 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 246,235 | 255,357 | 273,700 | 225,000 | 0 | 0 | 0 | 0 | 0 |
| 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 | 246,235 | 255,357 | 273,700 | 225,000 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 79,811 | 93,725 | 80,479 | 96,087 | 91,042 | 60,616 | 62,668 | 59,205 | 578 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,017 | 5,280 | 7,543 | 0 | 0 | 0 | 0 | 0 | 10,859 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,346 | 4,528 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 82,828 | 99,005 | 88,022 | 96,087 | 91,042 | 60,616 | 62,668 | 68,551 | 15,965 |
| total assets | 329,063 | 354,362 | 361,722 | 321,087 | 91,042 | 60,616 | 62,668 | 68,551 | 15,965 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 75,105 | 80,523 | 44,920 | 21,499 | 76,326 | 59,626 | 39,287 | 28,118 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,433 |
| total current liabilities | 75,105 | 80,523 | 44,920 | 21,499 | 76,326 | 59,626 | 39,287 | 28,118 | 14,433 |
| loans | 0 | 0 | 0 | 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 | 227,866 | 261,950 | 308,756 | 293,234 | 0 | 0 | 20,627 | 38,273 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 227,866 | 261,950 | 308,756 | 293,234 | 0 | 0 | 20,627 | 38,273 | 0 |
| total liabilities | 302,971 | 342,473 | 353,676 | 314,733 | 76,326 | 59,626 | 59,914 | 66,391 | 14,433 |
| net assets | 26,092 | 11,889 | 8,046 | 6,354 | 14,716 | 990 | 2,754 | 2,160 | 1,532 |
| total shareholders funds | 26,092 | 11,889 | 8,046 | 6,354 | 14,716 | 990 | 2,754 | 2,160 | 1,532 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | |||||
| Amortisation | 0 | 0 | 0 | 0 | |||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -16,177 | 10,983 | -8,065 | 5,045 | 30,426 | -2,052 | 3,463 | 47,768 | 11,437 |
| Creditors | -5,418 | 35,603 | 23,421 | -54,827 | 16,700 | 20,339 | 11,169 | 28,118 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -14,433 | 14,433 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -34,084 | -46,806 | 15,522 | 293,234 | 0 | -20,627 | -17,646 | 38,273 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -9,346 | 4,818 | 4,528 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -9,346 | 4,818 | 4,528 |
resolve corporate ltd Credit Report and Business Information
Resolve Corporate Ltd Competitor Analysis
Perform a competitor analysis for resolve corporate ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in AL7 area or any other competitors across 12 key performance metrics.
resolve corporate ltd Ownership
RESOLVE CORPORATE LTD group structure
Resolve Corporate Ltd has no subsidiary companies.
Ultimate parent company
RESOLVE CORPORATE LTD
09097935
resolve corporate ltd directors
Resolve Corporate Ltd currently has 7 directors. The longest serving directors include Mr Alan Spear (Jun 2014) and Mrs Dawn Spear (Jun 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alan Spear | England | 71 years | Jun 2014 | - | Director |
| Mrs Dawn Spear | England | 58 years | Jun 2014 | - | Director |
| Miss Elizabeth Spear | 27 years | Sep 2016 | - | Director | |
| Mr Bruce Spear | 29 years | Sep 2016 | - | Director | |
| Mr George Davidson | 28 years | Jan 2018 | - | Director | |
| Mr Kieran Tillett | 29 years | May 2022 | - | Director | |
| Mrs Ella Ruddlesden | 29 years | May 2022 | - | Director |
P&L
June 2023turnover
285.2k
-5%
operating profit
18.9k
0%
gross margin
44.6%
-1.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
26.1k
+1.19%
total assets
329.1k
-0.07%
cash
0
0%
net assets
Total assets minus all liabilities
resolve corporate ltd company details
company number
09097935
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
June 2014
age
10
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
11 tewin road business centre, garden court, welwyn garden city, hertfordshire, AL7 1BH
accountant
RESOLVE CORPORATE LTD
auditor
-
resolve corporate 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 found 2 charges/mortgages relating to resolve corporate ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
resolve corporate ltd Companies House Filings - See Documents
| date | description | view/download |
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