hit the switch limited
hit the switch limited Company Information
Company Number
09301515
Next Accounts
Apr 2025
Directors
Shareholders
alicia marie stranack
Group Structure
View All
Industry
Performing arts
Registered Address
303 the pill box, 115 coventry road, london, E2 6GH
Website
-hit the switch limited Estimated Valuation
Pomanda estimates the enterprise value of HIT THE SWITCH LIMITED at £28.5k based on a Turnover of £40.2k and 0.71x industry multiple (adjusted for size and gross margin).
hit the switch limited Estimated Valuation
Pomanda estimates the enterprise value of HIT THE SWITCH LIMITED at £0 based on an EBITDA of £-376 and a 8.37x industry multiple (adjusted for size and gross margin).
hit the switch limited Estimated Valuation
Pomanda estimates the enterprise value of HIT THE SWITCH LIMITED at £0 based on Net Assets of £-366 and 1.22x industry multiple (adjusted for liquidity).
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Hit The Switch Limited Overview
Hit The Switch Limited is a dissolved company that was located in london, E2 6GH with a Companies House number of 09301515. It operated in the performing arts sector, SIC Code 90010. Founded in November 2014, it's largest shareholder was alicia marie stranack with a 100% stake. The last turnover for Hit The Switch Limited was estimated at £40.2k.
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Hit The Switch Limited Health Check
Pomanda's financial health check has awarded Hit The Switch Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £40.2k, make it smaller than the average company (£278k)
- Hit The Switch Limited
£278k - Industry AVG
Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (-5.1%)
- Hit The Switch Limited
-5.1% - Industry AVG
Production
with a gross margin of 32.4%, this company has a comparable cost of product (32.4%)
- Hit The Switch Limited
32.4% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (1.2%)
- Hit The Switch Limited
1.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (7)
1 - Hit The Switch Limited
7 - Industry AVG
Pay Structure
on an average salary of £24.1k, the company has an equivalent pay structure (£24.1k)
- Hit The Switch Limited
£24.1k - Industry AVG
Efficiency
resulting in sales per employee of £40.2k, this is less efficient (£59.4k)
- Hit The Switch Limited
£59.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Hit The Switch Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (15 days)
- Hit The Switch Limited
15 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hit The Switch Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (187 weeks)
0 weeks - Hit The Switch Limited
187 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 124.3%, this is a higher level of debt than the average (18.9%)
124.3% - Hit The Switch Limited
18.9% - Industry AVG
HIT THE SWITCH LIMITED financials
Hit The Switch Limited's latest turnover from May 2021 is estimated at £40.2 thousand and the company has net assets of -£366. According to their latest financial statements, Hit The Switch Limited has 1 employee and maintains cash reserves of £28 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2021 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 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 | 1 | 1 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2021 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | 10,493 | |||||
| Total Fixed Assets | 10,493 | |||||
| Stock & work in progress | ||||||
| Trade Debtors | 1,915 | 3,011 | 472 | 936 | 3,500 | |
| Group Debtors | ||||||
| Misc Debtors | 1,481 | |||||
| Cash | 28 | 6,178 | 2,065 | |||
| misc current assets | ||||||
| total current assets | 1,509 | 8,093 | 5,076 | 472 | 936 | 3,500 |
| total assets | 1,509 | 18,586 | 5,076 | 472 | 936 | 3,500 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 155 | 5,753 | 2,415 | 956 | 1,410 | 3,196 |
| Group/Directors Accounts | 14 | |||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 1,706 | 2,886 | 3,388 | |||
| total current liabilities | 1,875 | 8,639 | 5,803 | 956 | 1,410 | 3,196 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | 480 | |||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | 480 | |||||
| total liabilities | 1,875 | 8,639 | 5,803 | 1,436 | 1,410 | 3,196 |
| net assets | -366 | 9,947 | -727 | -964 | -474 | 304 |
| total shareholders funds | -366 | 9,947 | -727 | -964 | -474 | 304 |
| May 2021 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 1,481 | 9,397 | 2,539 | -464 | -2,564 | 3,500 |
| Creditors | 155 | 3,338 | 1,459 | -454 | -1,786 | 3,196 |
| Accruals and Deferred Income | 1,706 | -502 | 2,908 | 480 | ||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | 14 | |||||
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 28 | 4,113 | 2,065 | |||
| overdraft | ||||||
| change in cash | 28 | 4,113 | 2,065 |
hit the switch limited Credit Report and Business Information
Hit The Switch Limited Competitor Analysis
Perform a competitor analysis for hit the switch limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other undefined companies, companies in E 2 area or any other competitors across 12 key performance metrics.
hit the switch limited Ownership
HIT THE SWITCH LIMITED group structure
Hit The Switch Limited has no subsidiary companies.
Ultimate parent company
HIT THE SWITCH LIMITED
09301515
hit the switch limited directors
Hit The Switch Limited currently has 1 director, Ms Alicia Stranack serving since Nov 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Alicia Stranack | England | 30 years | Nov 2014 | - | Director |
P&L
May 2021turnover
40.2k
0%
operating profit
-376
0%
gross margin
32.4%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2021net assets
-366
0%
total assets
1.5k
0%
cash
28
0%
net assets
Total assets minus all liabilities
hit the switch limited company details
company number
09301515
Type
Private limited with Share Capital
industry
90010 - Performing arts
incorporation date
November 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2021
previous names
N/A
accountant
BIG STAR BUSINESS MANAGEMENT LTD
auditor
-
address
303 the pill box, 115 coventry road, london, E2 6GH
Bank
-
Legal Advisor
-
hit the switch 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 hit the switch limited.
hit the switch limited 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 HIT THE SWITCH LIMITED. This can take several minutes, an email will notify you when this has completed.
hit the switch limited Companies House Filings - See Documents
| date | description | view/download |
|---|
