checkme ltd

Live EstablishedMicroDeclining

checkme ltd Company Information

Share CHECKME LTD

Company Number

09226190

Shareholders

ae morgan corporate limited

Group Structure

View All

Industry

Other information service activities n.e.c.

 

Registered Address

flat 8 sandringham house, 44 windsor way, london, W14 0UD

checkme ltd Estimated Valuation

£65.3k

Pomanda estimates the enterprise value of CHECKME LTD at £65.3k based on a Turnover of £101k and 0.65x industry multiple (adjusted for size and gross margin).

checkme ltd Estimated Valuation

£42.5k

Pomanda estimates the enterprise value of CHECKME LTD at £42.5k based on an EBITDA of £12.2k and a 3.49x industry multiple (adjusted for size and gross margin).

checkme ltd Estimated Valuation

£76.8k

Pomanda estimates the enterprise value of CHECKME LTD at £76.8k based on Net Assets of £30.5k and 2.52x industry multiple (adjusted for liquidity).

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Checkme Ltd Overview

Checkme Ltd is a live company located in london, W14 0UD with a Companies House number of 09226190. It operates in the other information service activities n.e.c. sector, SIC Code 63990. Founded in September 2014, it's largest shareholder is ae morgan corporate limited with a 100% stake. Checkme Ltd is a established, micro sized company, Pomanda has estimated its turnover at £101k with declining growth in recent years.

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Checkme Ltd Health Check

Pomanda's financial health check has awarded Checkme Ltd 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

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £101k, make it smaller than the average company (£833.9k)

£101k - Checkme Ltd

£833.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (6.9%)

-30% - Checkme Ltd

6.9% - Industry AVG

production

Production

with a gross margin of 36.2%, this company has a higher cost of product (66.2%)

36.2% - Checkme Ltd

66.2% - Industry AVG

profitability

Profitability

an operating margin of 12.1% make it more profitable than the average company (7.1%)

12.1% - Checkme Ltd

7.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (17)

1 - Checkme Ltd

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.1k, the company has an equivalent pay structure (£30.1k)

£30.1k - Checkme Ltd

£30.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £101k, this is more efficient (£57.3k)

£101k - Checkme Ltd

£57.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 76 days, this is later than average (32 days)

76 days - Checkme Ltd

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 213 days, this is slower than average (31 days)

213 days - Checkme Ltd

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Checkme Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Checkme Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 84.1%, this is a higher level of debt than the average (29.6%)

84.1% - Checkme Ltd

29.6% - Industry AVG

CHECKME LTD financials

EXPORTms excel logo

Checkme Ltd's latest turnover from September 2023 is estimated at £101 thousand and the company has net assets of £30.5 thousand. According to their latest financial statements, we estimate that Checkme Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015
Turnover101,028301,496292,910298,827161,236192,9745,3013,029239
Other Income Or Grants000000000
Cost Of Sales64,428185,145192,863187,576103,586152,3573,3131,913156
Gross Profit36,599116,351100,047111,25157,64940,6171,9881,11682
Admin Expenses24,416115,767100,89179,98173,25023,2979044,565123
Operating Profit12,183584-84431,270-15,60117,3201,084-3,449-41
Interest Payable000000000
Interest Receivable00006001111
Pre-Tax Profit12,183584-84431,270-15,54117,3201,095-3,448-40
Tax-3,046-1110-5,9410-2,797-20800
Profit After Tax9,137473-84425,329-15,54114,523887-3,448-40
Dividends Paid000000000
Retained Profit9,137473-84425,329-15,54114,523887-3,448-40
Employee Costs30,05885,13379,84777,00452,683024,87325,46324,738
Number Of Employees133322111
EBITDA*12,183584-84431,270-15,60117,3201,084-3,449-41

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015
Tangible Assets171,00000000000
Intangible Assets000000000
Investments & Other000000000
Debtors (Due After 1 year)000000000
Total Fixed Assets171,00000000000
Stock & work in progress000000000
Trade Debtors21,20373,43771,76473,92836,4436,2071,35800
Group Debtors000000000
Misc Debtors00000681616970
Cash0000015,9738,574276209
misc current assets000000000
total current assets21,20373,43771,76473,92836,44322,24810,093973209
total assets192,20373,43771,76473,92836,44322,24810,093973209
Bank overdraft000000000
Bank loan000000000
Trade Creditors 37,67152,09850,89852,21840,06205,1652,676149
Group/Directors Accounts000005,7445,74400
other short term finances000000000
hp & lease commitments000000000
other current liabilities000002,797000
total current liabilities37,67152,09850,89852,21840,0628,54110,9092,676149
loans000000000
hp & lease commitments000000000
Accruals and Deferred Income000000000
other liabilities124,05600000000
provisions000000000
total long term liabilities124,05600000000
total liabilities161,72752,09850,89852,21840,0628,54110,9092,676149
net assets30,47621,33920,86621,710-3,61913,707-816-1,70360
total shareholders funds30,47621,33920,86621,710-3,61913,707-816-1,70360
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015
Operating Activities
Operating Profit12,183584-84431,270-15,60117,3201,084-3,449-41
Depreciation000000000
Amortisation000000000
Tax-3,046-1110-5,9410-2,797-20800
Stock000000000
Debtors-52,2341,673-2,16437,48530,1684,7568226970
Creditors-14,4271,200-1,32012,15640,062-5,1652,4892,527149
Accruals and Deferred Income0000-2,7972,797000
Deferred Taxes & Provisions000000000
Cash flow from operations46,944000-8,5047,3992,543-1,619108
Investing Activities
capital expenditure-171,00000000000
Change in Investments000000000
cash flow from investments-171,00000000000
Financing Activities
Bank loans000000000
Group/Directors Accounts0000-5,74405,74400
Other Short Term Loans 000000000
Long term loans000000000
Hire Purchase and Lease Commitments000000000
other long term liabilities124,05600000000
share issue0000-1,785001,685100
interest00006001111
cash flow from financing124,056000-7,46905,7551,686101
cash and cash equivalents
cash0000-15,9737,3998,29867209
overdraft000000000
change in cash0000-15,9737,3998,29867209

checkme ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Checkme Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for checkme ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in W14 area or any other competitors across 12 key performance metrics.

checkme ltd Ownership

CHECKME LTD group structure

Checkme Ltd has no subsidiary companies.

Ultimate parent company

1 parent

CHECKME LTD

09226190

CHECKME LTD Shareholders

ae morgan corporate limited 100%

checkme ltd directors

Checkme Ltd currently has 1 director, Mr Ettore Colella serving since Sep 2014.

officercountryagestartendrole
Mr Ettore ColellaEngland66 years Sep 2014- Director

P&L

September 2023

turnover

101k

-66%

operating profit

12.2k

0%

gross margin

36.3%

-6.13%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

30.5k

+0.43%

total assets

192.2k

+1.62%

cash

0

0%

net assets

Total assets minus all liabilities

checkme ltd company details

company number

09226190

Type

Private limited with Share Capital

industry

63990 - Other information service activities n.e.c.

incorporation date

September 2014

age

11

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

September 2023

previous names

ec freeman finance & co. ltd (June 2016)

ettore colella limited (July 2015)

accountant

-

auditor

-

address

flat 8 sandringham house, 44 windsor way, london, W14 0UD

Bank

-

Legal Advisor

-

checkme 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 checkme ltd.

checkme 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.

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checkme ltd Companies House Filings - See Documents

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