binary planets ltd
binary planets ltd Company Information
Company Number
09750321
Next Accounts
Dec 2024
Industry
Other information technology and computer service activities
Shareholders
glyn williams
ashley russell colclough
View AllGroup Structure
View All
Contact
Registered Address
6 mallard way, crewe, CW1 6ZQ
Website
binaryplanets.combinary planets ltd Estimated Valuation
Pomanda estimates the enterprise value of BINARY PLANETS LTD at £136.3k based on a Turnover of £193.7k and 0.7x industry multiple (adjusted for size and gross margin).
binary planets ltd Estimated Valuation
Pomanda estimates the enterprise value of BINARY PLANETS LTD at £0 based on an EBITDA of £-196.8k and a 4.95x industry multiple (adjusted for size and gross margin).
binary planets ltd Estimated Valuation
Pomanda estimates the enterprise value of BINARY PLANETS LTD at £3.5k based on Net Assets of £1.6k and 2.23x industry multiple (adjusted for liquidity).
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Binary Planets Ltd Overview
Binary Planets Ltd is a dissolved company that was located in crewe, CW1 6ZQ with a Companies House number of 09750321. It operated in the other information technology service activities sector, SIC Code 62090. Founded in August 2015, it's largest shareholder was glyn williams with a 35% stake. The last turnover for Binary Planets Ltd was estimated at £193.7k.
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Binary Planets Ltd Health Check
Pomanda's financial health check has awarded Binary Planets Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £193.7k, make it smaller than the average company (£4.5m)
- Binary Planets Ltd
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (6.7%)
- Binary Planets Ltd
6.7% - Industry AVG
Production
with a gross margin of 52.3%, this company has a comparable cost of product (52.3%)
- Binary Planets Ltd
52.3% - Industry AVG
Profitability
an operating margin of -101.6% make it less profitable than the average company (4.8%)
- Binary Planets Ltd
4.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (33)
3 - Binary Planets Ltd
33 - Industry AVG
Pay Structure
on an average salary of £57.7k, the company has an equivalent pay structure (£57.7k)
- Binary Planets Ltd
£57.7k - Industry AVG
Efficiency
resulting in sales per employee of £64.6k, this is less efficient (£147k)
- Binary Planets Ltd
£147k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (55 days)
- Binary Planets Ltd
55 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Binary Planets Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Binary Planets Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (14 weeks)
8 weeks - Binary Planets Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.3%, this is a higher level of debt than the average (62.5%)
93.3% - Binary Planets Ltd
62.5% - Industry AVG
BINARY PLANETS LTD financials
Binary Planets Ltd's latest turnover from September 2020 is estimated at £193.7 thousand and the company has net assets of £1.6 thousand. According to their latest financial statements, Binary Planets Ltd has 3 employees and maintains cash reserves of £3.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 264,038 | 211,667 | 186,905 | 119,184 | 0 |
| Trade Debtors | 4,200 | 31,200 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 15,419 | 9,766 | 3,854 | 12,779 | 19,991 | 0 |
| Cash | 3,694 | 14,305 | 1,972 | 23,607 | 67,761 | 100 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 23,313 | 319,309 | 217,493 | 223,291 | 206,936 | 100 |
| total assets | 23,313 | 319,309 | 217,493 | 223,291 | 206,936 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 10,246 | 0 | 6,054 | 3,998 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 21,759 | 110,704 | 28,100 | 31,698 | 30,149 | 0 |
| total current liabilities | 21,759 | 120,950 | 28,100 | 37,752 | 34,147 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 21,759 | 120,950 | 28,100 | 37,752 | 34,147 | 0 |
| net assets | 1,554 | 198,359 | 189,393 | 185,539 | 172,789 | 100 |
| total shareholders funds | 1,554 | 198,359 | 189,393 | 185,539 | 172,789 | 100 |
| Sep 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | -264,038 | 52,371 | 24,762 | 186,905 | 119,184 | 0 |
| Debtors | -21,347 | 37,112 | -8,925 | 12,779 | 19,991 | 0 |
| Creditors | -10,246 | 10,246 | -6,054 | 6,054 | 3,998 | 0 |
| Accruals and Deferred Income | -88,945 | 82,604 | -3,598 | 31,698 | 30,149 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -10,611 | 12,333 | -21,635 | 23,507 | 67,661 | 100 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -10,611 | 12,333 | -21,635 | 23,507 | 67,661 | 100 |
binary planets ltd Credit Report and Business Information
Binary Planets Ltd Competitor Analysis
Perform a competitor analysis for binary planets ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in CW1 area or any other competitors across 12 key performance metrics.
binary planets ltd Ownership
BINARY PLANETS LTD group structure
Binary Planets Ltd has no subsidiary companies.
Ultimate parent company
BINARY PLANETS LTD
09750321
binary planets ltd directors
Binary Planets Ltd currently has 2 directors. The longest serving directors include Mr Ashley Colclough (Aug 2015) and Mr Glyn Williams (Oct 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ashley Colclough | England | 52 years | Aug 2015 | - | Director |
| Mr Glyn Williams | England | 61 years | Oct 2015 | - | Director |
P&L
September 2020turnover
193.7k
-56%
operating profit
-196.8k
0%
gross margin
52.4%
+0.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2020net assets
1.6k
-0.99%
total assets
23.3k
-0.93%
cash
3.7k
-0.74%
net assets
Total assets minus all liabilities
binary planets ltd company details
company number
09750321
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
August 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2020
previous names
flak88 ltd (November 2015)
kadala labelling systems ltd (October 2015)
accountant
-
auditor
-
address
6 mallard way, crewe, CW1 6ZQ
Bank
-
Legal Advisor
-
binary planets 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 binary planets ltd.
binary planets ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
