smartmoneyexchange limited
smartmoneyexchange limited Company Information
Company Number
09188783
Website
-Registered Address
richmond house kings hill, great cornard, suffolk, CO10 0EH
Industry
Other personal service activities n.e.c.
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Directors
Alan Scott7 Years
Shareholders
undisclosed 100%
smartmoneyexchange limited Estimated Valuation
Pomanda estimates the enterprise value of SMARTMONEYEXCHANGE LIMITED at £168.7k based on a Turnover of £341.6k and 0.49x industry multiple (adjusted for size and gross margin).
smartmoneyexchange limited Estimated Valuation
Pomanda estimates the enterprise value of SMARTMONEYEXCHANGE LIMITED at £16.4k based on an EBITDA of £5.1k and a 3.22x industry multiple (adjusted for size and gross margin).
smartmoneyexchange limited Estimated Valuation
Pomanda estimates the enterprise value of SMARTMONEYEXCHANGE LIMITED at £301.3k based on Net Assets of £148.1k and 2.03x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Smartmoneyexchange Limited Overview
Smartmoneyexchange Limited is a live company located in suffolk, CO10 0EH with a Companies House number of 09188783. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in August 2014, it's largest shareholder is undisclosed with a 100% stake. Smartmoneyexchange Limited is a established, micro sized company, Pomanda has estimated its turnover at £341.6k with rapid growth in recent years.
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Smartmoneyexchange Limited Health Check
Pomanda's financial health check has awarded Smartmoneyexchange Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £341.6k, make it smaller than the average company (£854.1k)
- Smartmoneyexchange Limited
£854.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 158%, show it is growing at a faster rate (6.1%)
- Smartmoneyexchange Limited
6.1% - Industry AVG
Production
with a gross margin of 20.4%, this company has a higher cost of product (41.5%)
- Smartmoneyexchange Limited
41.5% - Industry AVG
Profitability
an operating margin of 1.5% make it less profitable than the average company (6.2%)
- Smartmoneyexchange Limited
6.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - Smartmoneyexchange Limited
14 - Industry AVG
Pay Structure
on an average salary of £30k, the company has an equivalent pay structure (£30k)
- Smartmoneyexchange Limited
£30k - Industry AVG
Efficiency
resulting in sales per employee of £341.6k, this is more efficient (£83.1k)
- Smartmoneyexchange Limited
£83.1k - Industry AVG
Debtor Days
it gets paid by customers after 159 days, this is later than average (28 days)
- Smartmoneyexchange Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (39 days)
- Smartmoneyexchange Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Smartmoneyexchange Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Smartmoneyexchange Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.9%, this is a lower level of debt than the average (43.8%)
2.9% - Smartmoneyexchange Limited
43.8% - Industry AVG
SMARTMONEYEXCHANGE LIMITED financials
Smartmoneyexchange Limited's latest turnover from August 2023 is estimated at £341.6 thousand and the company has net assets of £148.1 thousand. According to their latest financial statements, Smartmoneyexchange Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 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 | 1 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,075 | 3,075 | 3,075 | 3,075 | 3,075 | 3,075 | 3,075 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,075 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,075 | 3,075 | 3,075 | 3,075 | 3,075 | 3,075 | 3,075 | 3,075 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 149,428 | 145,181 | 164,443 | 1,917 | 1,917 | 1,917 | 1,917 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,917 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 149,428 | 145,181 | 164,443 | 1,917 | 1,917 | 1,917 | 1,917 | 1,917 | 1 |
| total assets | 152,503 | 148,256 | 167,518 | 4,992 | 4,992 | 4,992 | 4,992 | 4,992 | 1 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,381 | 3,947 | 16,502 | 13,292 | 13,292 | 13,292 | 13,292 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,553 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 739 | 0 |
| total current liabilities | 4,381 | 3,947 | 16,502 | 13,292 | 13,292 | 13,292 | 13,292 | 13,292 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 4,381 | 3,947 | 16,502 | 13,292 | 13,292 | 13,292 | 13,292 | 13,292 | 0 |
| net assets | 148,122 | 144,309 | 151,016 | -8,300 | -8,300 | -8,300 | -8,300 | -8,300 | 1 |
| total shareholders funds | 148,122 | 144,309 | 151,016 | -8,300 | -8,300 | -8,300 | -8,300 | -8,300 | 1 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,247 | -19,262 | 162,526 | 0 | 0 | 0 | 1,917 | -1 | 1 |
| Creditors | 434 | -12,555 | 3,210 | 0 | 0 | 0 | 13,292 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | -739 | 739 | 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 | -3,075 | 3,075 | 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 | -12,553 | 12,553 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -1,917 | 1,917 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -1,917 | 1,917 | 0 |
smartmoneyexchange limited Credit Report and Business Information
Smartmoneyexchange Limited Competitor Analysis
Perform a competitor analysis for smartmoneyexchange limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in CO10 area or any other competitors across 12 key performance metrics.
smartmoneyexchange limited Ownership
SMARTMONEYEXCHANGE LIMITED group structure
Smartmoneyexchange Limited has no subsidiary companies.
Ultimate parent company
SMARTMONEYEXCHANGE LIMITED
09188783
smartmoneyexchange limited directors
Smartmoneyexchange Limited currently has 1 director, Mr Alan Scott serving since Feb 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alan Scott | England | 63 years | Feb 2017 | - | Director |
P&L
August 2023turnover
341.6k
-29%
operating profit
5.1k
0%
gross margin
20.4%
+7.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
148.1k
+0.03%
total assets
152.5k
+0.03%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
smartmoneyexchange limited company details
company number
09188783
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
August 2014
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
richmond house kings hill, great cornard, suffolk, CO10 0EH
Bank
-
Legal Advisor
-
smartmoneyexchange 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 smartmoneyexchange limited.
smartmoneyexchange limited Companies House Filings - See Documents
| date | description | view/download |
|---|
