launchme limited

Live (In Liquidation)YoungMicroDeclining

launchme limited Company Information

Share LAUNCHME LIMITED

Company Number

09966573

Directors

Prince Rauf

Shareholders

prince rauf

Group Structure

View All

Industry

Management of real estate on a fee or contract basis

 +1

Registered Address

683-693 wilmslow road, didsbury, manchester, M20 6RE

Website

-

launchme limited Estimated Valuation

£5.6k

Pomanda estimates the enterprise value of LAUNCHME LIMITED at £5.6k based on a Turnover of £2.8k and 1.99x industry multiple (adjusted for size and gross margin).

launchme limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LAUNCHME LIMITED at £0 based on an EBITDA of £-47k and a 4.47x industry multiple (adjusted for size and gross margin).

launchme limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LAUNCHME LIMITED at £0 based on Net Assets of £-57.1k and 1.78x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Launchme Limited Overview

Launchme Limited is a live company located in manchester, M20 6RE with a Companies House number of 09966573. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 2016, it's largest shareholder is prince rauf with a 100% stake. Launchme Limited is a young, micro sized company, Pomanda has estimated its turnover at £2.8k with declining growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Launchme Limited Health Check

Pomanda's financial health check has awarded Launchme Limited a 1.5 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 Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £2.8k, make it smaller than the average company (£499.7k)

£2.8k - Launchme Limited

£499.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -42%, show it is growing at a slower rate (1.7%)

-42% - Launchme Limited

1.7% - Industry AVG

production

Production

with a gross margin of 22.5%, this company has a higher cost of product (73.7%)

22.5% - Launchme Limited

73.7% - Industry AVG

profitability

Profitability

an operating margin of -1678.5% make it less profitable than the average company (24.4%)

-1678.5% - Launchme Limited

24.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (5)

1 - Launchme Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.4k, the company has an equivalent pay structure (£33.4k)

£33.4k - Launchme Limited

£33.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2.8k, this is less efficient (£114.2k)

£2.8k - Launchme Limited

£114.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 23 days, this is earlier than average (44 days)

23 days - Launchme Limited

44 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1311 days, this is slower than average (35 days)

1311 days - Launchme Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Launchme Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Launchme Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 31462.1%, this is a higher level of debt than the average (60.6%)

31462.1% - Launchme Limited

60.6% - Industry AVG

LAUNCHME LIMITED financials

EXPORTms excel logo

Launchme Limited's latest turnover from January 2022 is estimated at £2.8 thousand and the company has net assets of -£57.1 thousand. According to their latest financial statements, we estimate that Launchme Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017
Turnover2,800123,77141,35414,0942,7331,921
Other Income Or Grants
Cost Of Sales2,17096,84031,60710,7062,0501,394
Gross Profit63026,9319,7463,388682527
Admin Expenses47,62832,2873,6368,6842,3293,258
Operating Profit-46,998-5,3566,110-5,296-1,647-2,731
Interest Payable
Interest Receivable
Pre-Tax Profit-46,998-5,3566,110-5,296-1,647-2,731
Tax-1,161
Profit After Tax-46,998-5,3564,949-5,296-1,647-2,731
Dividends Paid
Retained Profit-46,998-5,3564,949-5,296-1,647-2,731
Employee Costs33,36930,69431,04130,31529,21528,355
Number Of Employees111111
EBITDA*-46,998-5,3566,110-5,296-1,647-2,731

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017
Tangible Assets73147221
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets73147221
Stock & work in progress
Trade Debtors18247,55213,5204,061543543
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets18247,55213,5204,061543543
total assets18247,55213,5204,134690764
Bank overdraft
Bank loan
Trade Creditors 7,7968,04317,52413,8085,0682,495
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities7,7968,04317,52413,8085,0682,495
loans
hp & lease commitments
Accruals and Deferred Income1,0008407201,000
other liabilities48,46548,750
provisions1
total long term liabilities49,46549,5907211,000
total liabilities57,26157,63318,24513,8085,0683,495
net assets-57,079-10,081-4,725-9,674-4,378-2,731
total shareholders funds-57,079-10,081-4,725-9,674-4,378-2,731
Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017
Operating Activities
Operating Profit-46,998-5,3566,110-5,296-1,647-2,731
Depreciation
Amortisation
Tax-1,161
Stock
Debtors-47,37034,0329,4593,518543
Creditors-247-9,4813,7168,7402,5732,495
Accruals and Deferred Income160120720-1,0001,000
Deferred Taxes & Provisions-11
Cash flow from operations285-48,750-73-74-74221
Investing Activities
capital expenditure737474-221
Change in Investments
cash flow from investments737474-221
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-28548,750
share issue
interest
cash flow from financing-28548,750
cash and cash equivalents
cash
overdraft
change in cash

launchme 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 launchme limited. Get real-time insights into launchme limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Launchme Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for launchme limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M20 area or any other competitors across 12 key performance metrics.

launchme limited Ownership

LAUNCHME LIMITED group structure

Launchme Limited has no subsidiary companies.

Ultimate parent company

LAUNCHME LIMITED

09966573

LAUNCHME LIMITED Shareholders

prince rauf 100%

launchme limited directors

Launchme Limited currently has 1 director, Mr Prince Rauf serving since Jan 2016.

officercountryagestartendrole
Mr Prince Rauf37 years Jan 2016- Director

P&L

January 2022

turnover

2.8k

-98%

operating profit

-47k

0%

gross margin

22.6%

+3.45%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2022

net assets

-57.1k

+4.66%

total assets

182

-1%

cash

0

0%

net assets

Total assets minus all liabilities

launchme limited company details

company number

09966573

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

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

January 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2022

previous names

N/A

accountant

-

auditor

-

address

683-693 wilmslow road, didsbury, manchester, M20 6RE

Bank

-

Legal Advisor

-

launchme 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 launchme limited.

launchme 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 LAUNCHME LIMITED. This can take several minutes, an email will notify you when this has completed.

launchme limited Companies House Filings - See Documents

datedescriptionview/download