promo concepts ltd
promo concepts ltd Company Information
Company Number
09185193
Website
www.sweetconcepts.comRegistered Address
5 technology park, colindeep lane, colindale, london, NW9 6BX
Industry
Other personal service activities n.e.c.
Telephone
02072587340
Next Accounts Due
July 2024
Group Structure
View All
Directors
Stephen Taylor9 Years
Shareholders
stephen taylor 100%
promo concepts ltd Estimated Valuation
The estimated valuation range for promo concepts ltd, derived from financial data as of October 2022 and the most recent industry multiples, is between £260k to £3.5m
promo concepts ltd Estimated Valuation
The estimated valuation range for promo concepts ltd, derived from financial data as of October 2022 and the most recent industry multiples, is between £260k to £3.5m
promo concepts ltd Estimated Valuation
The estimated valuation range for promo concepts ltd, derived from financial data as of October 2022 and the most recent industry multiples, is between £260k to £3.5m
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Promo Concepts Ltd Overview
Promo Concepts Ltd is a live company located in colindale, NW9 6BX with a Companies House number of 09185193. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in August 2014, it's largest shareholder is stephen taylor with a 100% stake. Promo Concepts Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.
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Promo Concepts Ltd Health Check
Pomanda's financial health check has awarded Promo Concepts Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £1.3m, make it larger than the average company (£790.2k)
- Promo Concepts Ltd
£790.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (4.1%)
- Promo Concepts Ltd
4.1% - Industry AVG
Production
with a gross margin of 40.2%, this company has a comparable cost of product (40.2%)
- Promo Concepts Ltd
40.2% - Industry AVG
Profitability
an operating margin of 3% make it less profitable than the average company (7.2%)
- Promo Concepts Ltd
7.2% - Industry AVG
Employees
with 5 employees, this is below the industry average (14)
5 - Promo Concepts Ltd
14 - Industry AVG
Pay Structure
on an average salary of £28.7k, the company has an equivalent pay structure (£28.7k)
- Promo Concepts Ltd
£28.7k - Industry AVG
Efficiency
resulting in sales per employee of £262.4k, this is more efficient (£78.3k)
- Promo Concepts Ltd
£78.3k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is later than average (32 days)
- Promo Concepts Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 85 days, this is slower than average (42 days)
- Promo Concepts Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Promo Concepts Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is less cash available to meet short term requirements (53 weeks)
17 weeks - Promo Concepts Ltd
53 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 30.9%, this is a lower level of debt than the average (44.5%)
30.9% - Promo Concepts Ltd
44.5% - Industry AVG
promo concepts ltd Credit Report and Business Information
Promo Concepts Ltd Competitor Analysis
Perform a competitor analysis for promo concepts ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
promo concepts ltd Ownership
PROMO CONCEPTS LTD group structure
Promo Concepts Ltd has no subsidiary companies.
Ultimate parent company
PROMO CONCEPTS LTD
09185193
promo concepts ltd directors
Promo Concepts Ltd currently has 1 director, Mr Stephen Taylor serving since Aug 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Taylor | United Kingdom | 55 years | Aug 2014 | - | Director |
PROMO CONCEPTS LTD financials
Promo Concepts Ltd's latest turnover from October 2022 is estimated at £1.3 million and the company has net assets of £1.2 million. According to their latest financial statements, Promo Concepts Ltd has 5 employees and maintains cash reserves of £162.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 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 | 5 | 6 | 10 | 13 | 16 | 19 | 19 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 240 | 360 | 4,076 | 6,064 | 10,279 | 11,135 | 9,904 | 7,780 |
| Intangible Assets | 10,306 | 14,025 | 17,743 | 21,463 | 25,182 | 28,901 | 32,620 | 9,926 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 10,546 | 14,385 | 21,819 | 27,527 | 35,461 | 40,038 | 42,526 | 17,708 |
| Stock & work in progress | 0 | 5,086 | 23,078 | 20,089 | 34,616 | 21,572 | 36,142 | 50,702 |
| Trade Debtors | 211,250 | 95,865 | 28,097 | 191,288 | 246,914 | 476,292 | 513,223 | 582,683 |
| Group Debtors | 0 | 0 | 0 | 405,250 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,296,258 | 556,619 | 644,124 | 48,696 | 0 | 34,160 | 191,697 | 0 |
| Cash | 162,329 | 587,624 | 817,655 | 848,816 | 1,251,375 | 1,278,966 | 1,363,323 | 1,553,517 |
| misc current assets | 0 | 150,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,669,837 | 1,395,194 | 1,512,954 | 1,514,139 | 1,563,519 | 1,810,990 | 2,104,385 | 2,186,902 |
| total assets | 1,680,383 | 1,409,579 | 1,534,773 | 1,541,666 | 1,598,980 | 1,851,028 | 2,146,911 | 2,204,610 |
| Bank overdraft | 0 | 0 | 0 | 0 | 8,045 | 11,576 | 51,853 | 0 |
| Bank loan | 9,852 | 9,609 | 3,933 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 183,406 | 182,128 | 271,287 | 430,217 | 323,835 | 504,837 | 552,996 | 746,123 |
| Group/Directors Accounts | 0 | 0 | 0 | 1,536 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 299,890 | 55,961 | 49,064 | 37,932 | 0 | 162,374 | 109,048 | 0 |
| total current liabilities | 493,148 | 247,698 | 324,284 | 469,685 | 407,801 | 678,787 | 713,897 | 746,123 |
| loans | 26,495 | 36,348 | 46,067 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 46 | 338 | 338 | 620 | 0 | 0 | 0 | 0 |
| total long term liabilities | 26,541 | 36,686 | 46,405 | 620 | 0 | 0 | 0 | 0 |
| total liabilities | 519,689 | 284,384 | 370,689 | 470,305 | 407,801 | 678,787 | 713,897 | 746,123 |
| net assets | 1,160,694 | 1,125,195 | 1,164,084 | 1,071,361 | 1,191,179 | 1,172,241 | 1,433,014 | 1,458,487 |
| total shareholders funds | 1,160,694 | 1,125,195 | 1,164,084 | 1,071,361 | 1,191,179 | 1,172,241 | 1,433,014 | 1,458,487 |
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 120 | 188 | 2,587 | 4,215 | 3,785 | 3,145 | 2,117 | 1,747 |
| Amortisation | 3,719 | 3,719 | 3,720 | 3,719 | 3,719 | 3,719 | 853 | |
| Tax | ||||||||
| Stock | -5,086 | -17,992 | 2,989 | -14,527 | 13,044 | -14,570 | -14,560 | 50,702 |
| Debtors | 855,024 | -19,737 | 26,987 | 398,320 | -263,538 | -194,468 | 122,237 | 582,683 |
| Creditors | 1,278 | -89,159 | -158,930 | 106,382 | -181,002 | -48,159 | -193,127 | 746,123 |
| Accruals and Deferred Income | 243,929 | 6,897 | 11,132 | 37,932 | -162,374 | 53,326 | 109,048 | 0 |
| Deferred Taxes & Provisions | -292 | 0 | -282 | 620 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | -2 | 0 | 0 | 2 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 243 | 5,676 | 3,933 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -1,536 | 1,536 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -9,853 | -9,719 | 46,067 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -425,295 | -230,031 | -31,161 | -402,559 | -27,591 | -84,357 | -190,194 | 1,553,517 |
| overdraft | 0 | 0 | 0 | -8,045 | -3,531 | -40,277 | 51,853 | 0 |
| change in cash | -425,295 | -230,031 | -31,161 | -394,514 | -24,060 | -44,080 | -242,047 | 1,553,517 |
P&L
October 2022turnover
1.3m
+69%
operating profit
38.8k
0%
gross margin
40.3%
+1.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
1.2m
+0.03%
total assets
1.7m
+0.19%
cash
162.3k
-0.72%
net assets
Total assets minus all liabilities
promo concepts ltd company details
company number
09185193
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
August 2014
age
10
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
5 technology park, colindeep lane, colindale, london, NW9 6BX
last accounts submitted
October 2022
promo concepts 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 1 charges/mortgages relating to promo concepts ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
promo concepts ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
