Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
77 grey street, newcastle upon tyne, NE1 6EF
Website
-
endless stretch limitedEstimated Valuation
£819.8k
Pomanda estimates the enterprise value of ENDLESS STRETCH LIMITED at £819.8k based on a Turnover of £354.6k and 2.31x industry multiple (adjusted for size and gross margin).
endless stretch limitedEstimated Valuation
£1.2m
Pomanda estimates the enterprise value of ENDLESS STRETCH LIMITED at £1.2m based on an EBITDA of £274.7k and a 4.5x industry multiple (adjusted for size and gross margin).
endless stretch limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of ENDLESS STRETCH LIMITED at £0 based on Net Assets of £-1.2m and 1.68x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Endless Stretch LimitedOverview
Endless Stretch Limited is a live company located in newcastle upon tyne, NE1 6EF with a Companies House number of 09343058. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2014, it's largest shareholder is
bars group limited
with a 100% stake. Endless Stretch Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£354.6k with
declining
growth in recent years.
Pomanda's financial health check has awarded Endless Stretch Limited a 2.5 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
Health Rating2.5out of 5
2 Strong
2 Regular
7 Weak
Size
annual sales of £354.6k, make it smaller than the average company (£822.5k)
£354.6k - Endless Stretch Limited
£822.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (2.7%)
-28% - Endless Stretch Limited
2.7% - Industry AVG
Production
with a gross margin of 30.5%, this company has a higher cost of product (73%)
30.5% - Endless Stretch Limited
73% - Industry AVG
Profitability
an operating margin of 39.1% make it more profitable than the average company (27.1%)
39.1% - Endless Stretch Limited
27.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Endless Stretch Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
£31.2k - Endless Stretch Limited
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £177.3k, this is equally as efficient (£178.5k)
£177.3k - Endless Stretch Limited
£178.5k - Industry AVG
Debtor Days
it gets paid by customers after 115 days, this is later than average (32 days)
115 days - Endless Stretch Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 250 days, this is slower than average (35 days)
250 days - Endless Stretch Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Endless Stretch Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Endless Stretch Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 142.9%, this is a higher level of debt than the average (67.9%)
142.9% - Endless Stretch Limited
67.9% - Industry AVG
ENDLESS STRETCH LIMITED financials
EXPORT
Endless Stretch Limited's latest turnover from August 2023 is estimated at £354.6 thousand and the company has net assets of -£1.2 million. According to their latest financial statements, Endless Stretch Limited has 2 employees and maintains cash reserves of £1.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Turnover
354,567
481,775
441,429
939,755
1,329,133
1,239,830
1,163,644
957,123
916,027
Other Income Or Grants
Cost Of Sales
246,469
361,963
334,627
710,474
1,002,673
926,092
845,128
680,065
671,987
Gross Profit
108,098
119,812
106,802
229,281
326,460
313,739
318,516
277,058
244,040
Admin Expenses
-30,344
210,160
160,640
174,386
538,057
531,701
318,193
581,616
682,787
Operating Profit
138,442
-90,348
-53,838
54,895
-211,597
-217,962
323
-304,558
-438,747
Interest Payable
Interest Receivable
153
99
9
7
64
55
22
8
7
Pre-Tax Profit
138,595
-90,249
-53,829
54,901
-211,533
-217,907
344
-304,550
-438,740
Tax
-34,649
-10,431
-65
Profit After Tax
103,946
-90,249
-53,829
44,470
-211,533
-217,907
279
-304,550
-438,740
Dividends Paid
Retained Profit
103,946
-90,249
-53,829
44,470
-211,533
-217,907
279
-304,550
-438,740
Employee Costs
62,389
62,975
60,377
56,904
29,284
28,121
26,848
26,676
26,674
Number Of Employees
2
2
2
2
1
1
1
1
1
EBITDA*
274,723
122,726
169,416
290,126
37,723
47,934
296,771
16,586
-88,352
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Tangible Assets
1,475,829
1,545,443
1,658,517
1,781,771
1,917,002
2,066,322
2,293,725
2,490,173
1,105,035
Intangible Assets
1,133,333
1,200,000
1,300,000
1,400,000
1,500,000
1,600,000
1,700,000
1,800,000
3,506,282
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
2,609,162
2,745,443
2,958,517
3,181,771
3,417,002
3,666,322
3,993,725
4,290,173
4,611,317
Stock & work in progress
Trade Debtors
112,150
173,734
124,761
310,089
398,220
392,369
381,579
270,000
287,253
Group Debtors
Misc Debtors
Cash
1,613
4,213
1,455
5,455
7,740
9,450
5,303
3,429
2,716
misc current assets
103,846
total current assets
113,763
177,947
126,216
315,544
405,960
401,819
386,882
273,429
393,815
total assets
2,722,925
2,923,390
3,084,733
3,497,315
3,822,962
4,068,141
4,380,607
4,563,602
5,005,132
Bank overdraft
Bank loan
Trade Creditors
168,913
72,575
444,870
197,248
336,101
263,271
130,252
492,865
75,845
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
168,913
72,575
444,870
197,248
336,101
263,271
130,252
492,865
75,845
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
3,721,125
4,121,874
3,820,673
4,427,048
4,658,312
4,764,788
4,992,366
4,813,027
5,367,027
provisions
total long term liabilities
3,721,125
4,121,874
3,820,673
4,427,048
4,658,312
4,764,788
4,992,366
4,813,027
5,367,027
total liabilities
3,890,038
4,194,449
4,265,543
4,624,296
4,994,413
5,028,059
5,122,618
5,305,892
5,442,872
net assets
-1,167,113
-1,271,059
-1,180,810
-1,126,981
-1,171,451
-959,918
-742,011
-742,290
-437,740
total shareholders funds
-1,167,113
-1,271,059
-1,180,810
-1,126,981
-1,171,451
-959,918
-742,011
-742,290
-437,740
Aug 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Operating Activities
Operating Profit
138,442
-90,348
-53,838
54,895
-211,597
-217,962
323
-304,558
-438,747
Depreciation
69,614
213,074
123,254
135,231
149,320
165,896
196,448
221,144
195,006
Amortisation
66,667
100,000
100,000
100,000
100,000
100,000
100,000
155,389
Tax
-34,649
-10,431
-65
Stock
Debtors
-61,584
48,973
-185,328
-88,131
5,851
10,790
111,579
-17,253
287,253
Creditors
96,338
-372,295
247,622
-138,853
72,830
133,019
-362,613
417,020
75,845
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
397,996
-298,542
602,366
228,973
104,702
170,163
-177,486
450,859
-299,760
Investing Activities
capital expenditure
61,507
-4,961,712
Change in Investments
cash flow from investments
61,507
-4,961,712
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-400,749
301,201
-606,375
-231,264
-106,476
-227,578
179,339
-554,000
5,367,027
share issue
1,000
interest
153
99
9
7
64
55
22
8
7
cash flow from financing
-400,596
301,300
-606,366
-231,257
-106,412
-227,523
179,361
-553,992
5,368,034
cash and cash equivalents
cash
-2,600
2,758
-4,000
-2,285
-1,710
4,147
1,874
713
2,716
overdraft
change in cash
-2,600
2,758
-4,000
-2,285
-1,710
4,147
1,874
713
2,716
endless stretch limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for endless stretch limited. Get real-time insights into endless stretch limited's credit score, group structure and payment trends.
Perform a competitor analysis for endless stretch limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NE1 area or any other competitors across 12 key performance metrics.
endless stretch limited Ownership
ENDLESS STRETCH LIMITED group structure
Endless Stretch Limited has no subsidiary companies.
Ultimate parent company
MCM SERVICES NO 1 LIMITED
#0041880
1 parent
ENDLESS STRETCH LIMITED
09343058
ENDLESS STRETCH LIMITED Shareholders
The sole shareholder of Endless Stretch Limited is Bars Group Limited.
bars group limited
100%
endless stretch limited directors
Endless Stretch Limited currently has 3 directors.
The longest serving directors include
Mr William Robertson (Feb 2022) and
Mr William Robertson (Sep 2023).
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
December 2014
age
11
incorporated
UK
ultimate parent company
MCM SERVICES NO 1 LIMITED
accounts
Unaudited Abridged
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
77 grey street, newcastle upon tyne, NE1 6EF
Bank
-
Legal Advisor
-
endless stretch 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 found 1 charges/mortgages relating to endless stretch limited. Currently there are 0 open charges and 1 have been satisfied in the past.
endless stretch 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.
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endless stretch limitedCompanies House Filings - See Documents
