explorers group limited
explorers group limited Company Information
Company Number
09895801
Next Accounts
Dec 2025
Shareholders
obhi holdings ltd
Group Structure
View All
Industry
Child day-care activities
Registered Address
88 hill village road, sutton coldfield, B75 5BE
Website
-explorers group limited Estimated Valuation
Pomanda estimates the enterprise value of EXPLORERS GROUP LIMITED at £202.7k based on a Turnover of £226.1k and 0.9x industry multiple (adjusted for size and gross margin).
explorers group limited Estimated Valuation
Pomanda estimates the enterprise value of EXPLORERS GROUP LIMITED at £425.7k based on an EBITDA of £62.8k and a 6.78x industry multiple (adjusted for size and gross margin).
explorers group limited Estimated Valuation
Pomanda estimates the enterprise value of EXPLORERS GROUP LIMITED at £221k based on Net Assets of £44.9k and 4.92x industry multiple (adjusted for liquidity).
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Explorers Group Limited Overview
Explorers Group Limited is a live company located in sutton coldfield, B75 5BE with a Companies House number of 09895801. It operates in the child day-care activities sector, SIC Code 88910. Founded in December 2015, it's largest shareholder is obhi holdings ltd with a 100% stake. Explorers Group Limited is a established, micro sized company, Pomanda has estimated its turnover at £226.1k with healthy growth in recent years.
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Explorers Group Limited Health Check
Pomanda's financial health check has awarded Explorers Group Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
4 Weak
Size
annual sales of £226.1k, make it smaller than the average company (£322.9k)
- Explorers Group Limited
£322.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (7.5%)
- Explorers Group Limited
7.5% - Industry AVG
Production
with a gross margin of 50.7%, this company has a comparable cost of product (50.7%)
- Explorers Group Limited
50.7% - Industry AVG
Profitability
an operating margin of 25.8% make it more profitable than the average company (4.8%)
- Explorers Group Limited
4.8% - Industry AVG
Employees
with 10 employees, this is below the industry average (16)
10 - Explorers Group Limited
16 - Industry AVG
Pay Structure
on an average salary of £17.2k, the company has an equivalent pay structure (£17.2k)
- Explorers Group Limited
£17.2k - Industry AVG
Efficiency
resulting in sales per employee of £22.6k, this is equally as efficient (£23.8k)
- Explorers Group Limited
£23.8k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is near the average (10 days)
- Explorers Group Limited
10 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Explorers Group Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Explorers Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 25 weeks, this is less cash available to meet short term requirements (162 weeks)
25 weeks - Explorers Group Limited
162 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.7%, this is a higher level of debt than the average (28.1%)
84.7% - Explorers Group Limited
28.1% - Industry AVG
EXPLORERS GROUP LIMITED financials
Explorers Group Limited's latest turnover from March 2024 is estimated at £226.1 thousand and the company has net assets of £44.9 thousand. According to their latest financial statements, Explorers Group Limited has 10 employees and maintains cash reserves of £23.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 10 | 13 | 13 | 9 | 13 | 14 | 10 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 17,703 | 18,854 | 16,677 | 10,787 | 13,499 | 16,898 | 21,158 | 20,225 |
| Intangible Assets | 114,750 | 153,000 | ||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 17,703 | 18,854 | 16,677 | 10,787 | 13,499 | 16,898 | 135,908 | 173,225 |
| Stock & work in progress | ||||||||
| Trade Debtors | 5,418 | 6,300 | 3,425 | 2,524 | 5,159 | 4,643 | 4,643 | 1,600 |
| Group Debtors | 247,936 | 158,069 | 178,584 | |||||
| Misc Debtors | ||||||||
| Cash | 23,161 | 20,741 | 11,823 | 76,918 | 4,945 | 672 | ||
| misc current assets | 1,590 | 7,227 | ||||||
| total current assets | 276,515 | 185,110 | 193,832 | 79,442 | 5,159 | 6,233 | 16,815 | 2,272 |
| total assets | 294,218 | 203,964 | 210,509 | 90,229 | 18,658 | 23,131 | 152,723 | 175,497 |
| Bank overdraft | 870 | 2,926 | 23,500 | |||||
| Bank loan | 28,141 | 32,268 | 29,361 | 20,289 | ||||
| Trade Creditors | 174 | 20 | ||||||
| Group/Directors Accounts | 5,860 | 2,147 | ||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 19,149 | 16,647 | 17,902 | 18,040 | 15,491 | 8,838 | 47,493 | 3,498 |
| total current liabilities | 47,290 | 54,775 | 49,410 | 18,040 | 16,361 | 11,764 | 71,167 | 23,807 |
| loans | 102,115 | 85,733 | 116,776 | 56,684 | 78,992 | |||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 99,921 | 52,721 | 80,899 | 178,900 | 201,321 | 193,700 | 48,717 | 72,000 |
| provisions | 2,069 | |||||||
| total long term liabilities | 202,036 | 138,454 | 197,675 | 178,900 | 201,321 | 193,700 | 107,470 | 150,992 |
| total liabilities | 249,326 | 193,229 | 247,085 | 196,940 | 217,682 | 205,464 | 178,637 | 174,799 |
| net assets | 44,892 | 10,735 | -36,576 | -106,711 | -199,024 | -182,333 | -25,914 | 698 |
| total shareholders funds | 44,892 | 10,735 | -36,576 | -106,711 | -199,024 | -182,333 | -25,914 | 698 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 4,477 | 3,898 | 4,180 | 2,712 | 3,399 | 4,260 | 5,342 | 3,674 |
| Amortisation | 114,750 | 38,250 | 17,000 | |||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 88,985 | -17,640 | 179,485 | -2,635 | 516 | 3,043 | 1,600 | |
| Creditors | -174 | 154 | 20 | |||||
| Accruals and Deferred Income | 2,502 | -1,255 | -138 | 2,549 | 6,653 | -38,655 | 43,995 | 3,498 |
| Deferred Taxes & Provisions | -2,069 | 2,069 | ||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | -4,127 | 2,907 | 29,361 | -20,289 | 20,289 | |||
| Group/Directors Accounts | -5,860 | 3,713 | 2,147 | |||||
| Other Short Term Loans | ||||||||
| Long term loans | 16,382 | -31,043 | 116,776 | -56,684 | -22,308 | 78,992 | ||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | 47,200 | -28,178 | -98,001 | -22,421 | 7,621 | 144,983 | -23,283 | 72,000 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 2,420 | 8,918 | -65,095 | 76,918 | -4,945 | 4,273 | 672 | |
| overdraft | -870 | -2,056 | -20,574 | 23,500 | ||||
| change in cash | 2,420 | 8,918 | -65,095 | 77,788 | 2,056 | 15,629 | -19,227 | 672 |
explorers group limited Credit Report and Business Information
Explorers Group Limited Competitor Analysis
Perform a competitor analysis for explorers group limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in B75 area or any other competitors across 12 key performance metrics.
explorers group limited Ownership
EXPLORERS GROUP LIMITED group structure
Explorers Group Limited has no subsidiary companies.
explorers group limited directors
Explorers Group Limited currently has 2 directors. The longest serving directors include Ms Raspal Obhi (May 2018) and Mr Inderpal Obhi (May 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Raspal Obhi | England | 46 years | May 2018 | - | Director |
| Mr Inderpal Obhi | England | 50 years | May 2018 | - | Director |
P&L
March 2024turnover
226.1k
-15%
operating profit
58.4k
0%
gross margin
50.7%
+5.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
44.9k
+3.18%
total assets
294.2k
+0.44%
cash
23.2k
+0.12%
net assets
Total assets minus all liabilities
explorers group limited company details
company number
09895801
Type
Private limited with Share Capital
industry
88910 - Child day-care activities
incorporation date
December 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
nicky noo nursery limited (January 2022)
accountant
-
auditor
-
address
88 hill village road, sutton coldfield, B75 5BE
Bank
-
Legal Advisor
-
explorers group 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 4 charges/mortgages relating to explorers group limited. Currently there are 1 open charges and 3 have been satisfied in the past.
explorers group 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 EXPLORERS GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
explorers group limited Companies House Filings - See Documents
| date | description | view/download |
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