smartnews ltd
smartnews ltd Company Information
Group Structure
View All
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
+3Registered Address
124-128 city road, london, EC1V 2NX
Website
about.smartnews.comsmartnews ltd Estimated Valuation
Pomanda estimates the enterprise value of SMARTNEWS LTD at £6.5k based on a Turnover of £13.3k and 0.49x industry multiple (adjusted for size and gross margin).
smartnews ltd Estimated Valuation
Pomanda estimates the enterprise value of SMARTNEWS LTD at £0 based on an EBITDA of £-1.7k and a 3.35x industry multiple (adjusted for size and gross margin).
smartnews ltd Estimated Valuation
Pomanda estimates the enterprise value of SMARTNEWS LTD at £0 based on Net Assets of £-1.8k and 2.48x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Smartnews Ltd Overview
Smartnews Ltd is a live company located in london, EC1V 2NX with a Companies House number of 09232765. It operates in the other information technology service activities sector, SIC Code 62090. Founded in September 2014, it's largest shareholder is georgios lentaris with a 100% stake. Smartnews Ltd is a established, micro sized company, Pomanda has estimated its turnover at £13.3k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Smartnews Ltd Health Check
Pomanda's financial health check has awarded Smartnews Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £13.3k, make it smaller than the average company (£2.7m)
- Smartnews Ltd
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 1026%, show it is growing at a faster rate (6.1%)
- Smartnews Ltd
6.1% - Industry AVG
Production
with a gross margin of 23.1%, this company has a higher cost of product (49.8%)
- Smartnews Ltd
49.8% - Industry AVG
Profitability
an operating margin of -12.5% make it less profitable than the average company (6.2%)
- Smartnews Ltd
6.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (20)
- Smartnews Ltd
20 - Industry AVG
Pay Structure
on an average salary of £52.3k, the company has an equivalent pay structure (£52.3k)
- Smartnews Ltd
£52.3k - Industry AVG
Efficiency
resulting in sales per employee of £13.3k, this is less efficient (£138.5k)
- Smartnews Ltd
£138.5k - Industry AVG
Debtor Days
it gets paid by customers after 107 days, this is later than average (51 days)
- Smartnews Ltd
51 days - Industry AVG
Creditor Days
its suppliers are paid after 202 days, this is slower than average (35 days)
- Smartnews Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Smartnews Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Smartnews Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 145.5%, this is a higher level of debt than the average (58.7%)
145.5% - Smartnews Ltd
58.7% - Industry AVG
SMARTNEWS LTD financials
Smartnews Ltd's latest turnover from September 2023 is estimated at £13.3 thousand and the company has net assets of -£1.8 thousand. According to their latest financial statements, we estimate that Smartnews Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1 | 1 | 1 | ||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | 0 | 0 | 0 | ||||||
| Interest Receivable | 0 | 0 | 0 | ||||||
| Pre-Tax Profit | 1 | 1 | 1 | ||||||
| Tax | 0 | 0 | 0 | ||||||
| Profit After Tax | 1 | 1 | 1 | ||||||
| Dividends Paid | 0 | 0 | 0 | ||||||
| Retained Profit | 1 | 1 | 1 | ||||||
| Employee Costs | 0 | 0 | 0 | ||||||
| Number Of Employees | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,897 | 3,016 | 232 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,897 | 3,016 | 232 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 3,898 | 3,017 | 232 | 0 | 1 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 5,672 | 3,134 | 926 | 5 | 0 | 0 | 0 | 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 | 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 | 0 |
| total current liabilities | 5,672 | 3,134 | 926 | 5 | 0 | 0 | 0 | 0 | 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 | 5,672 | 3,134 | 926 | 5 | 0 | 0 | 0 | 0 | 0 |
| net assets | -1,774 | -117 | -694 | -5 | 1 | 0 | 0 | 0 | 0 |
| total shareholders funds | -1,774 | -117 | -694 | -5 | 1 | 0 | 0 | 0 | 0 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | 0 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 881 | 2,784 | 232 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 2,538 | 2,208 | 921 | 5 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 1 | 0 | -1 | 1 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 0 | 0 | 0 | ||||||
| cash flow from financing | 0 | -1 | -1 | ||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
smartnews ltd Credit Report and Business Information
Smartnews Ltd Competitor Analysis
Perform a competitor analysis for smartnews ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in EC1V area or any other competitors across 12 key performance metrics.
smartnews ltd Ownership
SMARTNEWS LTD group structure
Smartnews Ltd has no subsidiary companies.
Ultimate parent company
SMARTNEWS LTD
09232765
smartnews ltd directors
Smartnews Ltd currently has 1 director, Dr Georgios Lentaris serving since Sep 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Georgios Lentaris | England | 41 years | Sep 2014 | - | Director |
P&L
September 2023turnover
13.3k
+61%
operating profit
-1.7k
0%
gross margin
23.1%
-4.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-1.8k
+14.16%
total assets
3.9k
+0.29%
cash
0
0%
net assets
Total assets minus all liabilities
smartnews ltd company details
company number
09232765
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
62090 - Other information technology and computer service activities
70229 - Management consultancy activities (other than financial management)
incorporation date
September 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
124-128 city road, london, EC1V 2NX
Bank
-
Legal Advisor
-
smartnews 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 smartnews ltd.
smartnews 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.
Click to start generating capital raising & share issue transactions for SMARTNEWS LTD. This can take several minutes, an email will notify you when this has completed.
smartnews ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
