55north digital ltd
55north digital ltd Company Information
Company Number
09810741
Website
-Registered Address
29 29 lakeside grange, weybridge, surrey, KT13 9ZE
Industry
Management consultancy activities (other than financial management)
Telephone
-
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
garry veale 50%
susan veale 50%
55north digital ltd Estimated Valuation
Pomanda estimates the enterprise value of 55NORTH DIGITAL LTD at £143.4k based on a Turnover of £306.9k and 0.47x industry multiple (adjusted for size and gross margin).
55north digital ltd Estimated Valuation
Pomanda estimates the enterprise value of 55NORTH DIGITAL LTD at £0 based on an EBITDA of £-319 and a 3.34x industry multiple (adjusted for size and gross margin).
55north digital ltd Estimated Valuation
Pomanda estimates the enterprise value of 55NORTH DIGITAL LTD at £334.7k based on Net Assets of £125.2k and 2.67x industry multiple (adjusted for liquidity).
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55north Digital Ltd Overview
55north Digital Ltd is a live company located in surrey, KT13 9ZE with a Companies House number of 09810741. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in October 2015, it's largest shareholder is garry veale with a 50% stake. 55north Digital Ltd is a young, micro sized company, Pomanda has estimated its turnover at £306.9k with declining growth in recent years.
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55north Digital Ltd Health Check
Pomanda's financial health check has awarded 55North Digital Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
5 Weak
Size
annual sales of £306.9k, make it in line with the average company (£278.5k)
- 55north Digital Ltd
£278.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (7.5%)
- 55north Digital Ltd
7.5% - Industry AVG
Production
with a gross margin of 25.8%, this company has a higher cost of product (55.7%)
- 55north Digital Ltd
55.7% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (8.4%)
- 55north Digital Ltd
8.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- 55north Digital Ltd
4 - Industry AVG
Pay Structure
on an average salary of £42.2k, the company has an equivalent pay structure (£42.2k)
- 55north Digital Ltd
£42.2k - Industry AVG
Efficiency
resulting in sales per employee of £153.5k, this is more efficient (£109.7k)
- 55north Digital Ltd
£109.7k - Industry AVG
Debtor Days
it gets paid by customers after 148 days, this is later than average (71 days)
- 55north Digital Ltd
71 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- 55north Digital Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 55north Digital Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - 55north Digital Ltd
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - 55north Digital Ltd
- - Industry AVG
55NORTH DIGITAL LTD financials
55North Digital Ltd's latest turnover from October 2023 is estimated at £306.9 thousand and the company has net assets of £125.2 thousand. According to their latest financial statements, we estimate that 55North Digital Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 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 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 573 | 1,461 | 2,579 | 543 | 856 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 573 | 1,461 | 2,579 | 543 | 956 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 125,199 | 159,420 | 173,525 | 192,971 | 149,113 | 51,498 | 32,970 | 47,603 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33,146 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 125,199 | 159,420 | 173,525 | 192,971 | 149,113 | 51,498 | 32,970 | 80,749 |
| total assets | 125,199 | 159,420 | 173,525 | 193,544 | 150,574 | 54,077 | 33,513 | 81,705 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 33,602 | 45,738 | 60,014 | 6,298 | 1,785 | 14,578 | 37,488 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 60,990 | 0 | 0 |
| total current liabilities | 0 | 33,602 | 45,738 | 60,014 | 6,298 | 62,775 | 14,578 | 37,488 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 300 | 300 | 650 | 941 | 2,286 | 81,070 | 87,010 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 300 | 300 | 650 | 941 | 2,286 | 81,070 | 87,010 |
| total liabilities | 0 | 33,902 | 46,038 | 60,664 | 7,239 | 65,061 | 95,648 | 124,498 |
| net assets | 125,199 | 125,518 | 127,487 | 132,880 | 143,335 | -10,984 | -62,135 | -42,793 |
| total shareholders funds | 125,199 | 125,518 | 127,487 | 132,880 | 143,335 | -10,984 | -62,135 | -42,793 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 84 | ||||
| Amortisation | 0 | 0 | 0 | 0 | ||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -34,221 | -14,105 | -19,446 | 43,858 | 97,615 | 18,528 | -14,633 | 47,603 |
| Creditors | -33,602 | -12,136 | -14,276 | 53,716 | 4,513 | -12,793 | -22,910 | 37,488 |
| Accruals and Deferred Income | -300 | 0 | -350 | -291 | -62,335 | -17,794 | -5,940 | 87,010 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -100 | 100 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -33,146 | 33,146 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -33,146 | 33,146 |
55north digital ltd Credit Report and Business Information
55north Digital Ltd Competitor Analysis
Perform a competitor analysis for 55north digital ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in KT13 area or any other competitors across 12 key performance metrics.
55north digital ltd Ownership
55NORTH DIGITAL LTD group structure
55North Digital Ltd has no subsidiary companies.
Ultimate parent company
55NORTH DIGITAL LTD
09810741
55north digital ltd directors
55North Digital Ltd currently has 2 directors. The longest serving directors include Mr Garry Veale (Oct 2015) and Mrs Susan Veale (Oct 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Garry Veale | 64 years | Oct 2015 | - | Director | |
| Mrs Susan Veale | United Kingdom | 63 years | Oct 2016 | - | Director |
P&L
October 2023turnover
306.9k
+12%
operating profit
-319
0%
gross margin
25.9%
+3.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
125.2k
0%
total assets
125.2k
-0.21%
cash
0
0%
net assets
Total assets minus all liabilities
55north digital ltd company details
company number
09810741
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
October 2015
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
29 29 lakeside grange, weybridge, surrey, KT13 9ZE
Bank
-
Legal Advisor
-
55north digital 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 55north digital ltd.
55north digital ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
