zelus sport limited
zelus sport limited Company Information
Company Number
10004967
Next Accounts
Sep 2025
Industry
Wholesale of clothing and footwear
Shareholders
zelus sport holdings limited
Group Structure
View All
Contact
Registered Address
the colony altrincham road, wilmslow, cheshire, SK9 4LY
Website
ntsholding.comzelus sport limited Estimated Valuation
Pomanda estimates the enterprise value of ZELUS SPORT LIMITED at £4.5m based on a Turnover of £10.6m and 0.42x industry multiple (adjusted for size and gross margin).
zelus sport limited Estimated Valuation
Pomanda estimates the enterprise value of ZELUS SPORT LIMITED at £7.1m based on an EBITDA of £1.5m and a 4.82x industry multiple (adjusted for size and gross margin).
zelus sport limited Estimated Valuation
Pomanda estimates the enterprise value of ZELUS SPORT LIMITED at £0 based on Net Assets of £-18.6m and 1.86x industry multiple (adjusted for liquidity).
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Zelus Sport Limited Overview
Zelus Sport Limited is a live company located in cheshire, SK9 4LY with a Companies House number of 10004967. It operates in the wholesale of clothing and footwear sector, SIC Code 46420. Founded in February 2016, it's largest shareholder is zelus sport holdings limited with a 100% stake. Zelus Sport Limited is a young, mid sized company, Pomanda has estimated its turnover at £10.6m with declining growth in recent years.
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Zelus Sport Limited Health Check
Pomanda's financial health check has awarded Zelus Sport Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £10.6m, make it smaller than the average company (£16.1m)
£10.6m - Zelus Sport Limited
£16.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (5.8%)
- Zelus Sport Limited
5.8% - Industry AVG
Production
with a gross margin of 29.3%, this company has a comparable cost of product (31%)
29.3% - Zelus Sport Limited
31% - Industry AVG
Profitability
an operating margin of 10.9% make it more profitable than the average company (4%)
10.9% - Zelus Sport Limited
4% - Industry AVG
Employees
with 43 employees, this is similar to the industry average (47)
43 - Zelus Sport Limited
47 - Industry AVG
Pay Structure
on an average salary of £73.3k, the company has a higher pay structure (£38.1k)
£73.3k - Zelus Sport Limited
£38.1k - Industry AVG
Efficiency
resulting in sales per employee of £246.5k, this is less efficient (£327.4k)
£246.5k - Zelus Sport Limited
£327.4k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is near the average (39 days)
37 days - Zelus Sport Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 40 days, this is slower than average (30 days)
40 days - Zelus Sport Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 69 days, this is less than average (135 days)
69 days - Zelus Sport Limited
135 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 43 weeks, this is more cash available to meet short term requirements (11 weeks)
43 weeks - Zelus Sport Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 200.1%, this is a higher level of debt than the average (58.5%)
200.1% - Zelus Sport Limited
58.5% - Industry AVG
ZELUS SPORT LIMITED financials
Zelus Sport Limited's latest turnover from December 2023 is £10.6 million and the company has net assets of -£18.6 million. According to their latest financial statements, Zelus Sport Limited has 43 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 10,597,935 | 5,641,648 | 6,854,312 | |||||
| Other Income Or Grants | 0 | 0 | 0 | |||||
| Cost Of Sales | 7,490,573 | 7,014,412 | 6,704,110 | |||||
| Gross Profit | 3,107,362 | -1,372,764 | 150,202 | |||||
| Admin Expenses | 1,953,799 | 5,655,085 | 6,194,256 | |||||
| Operating Profit | 1,153,563 | -7,027,849 | -6,044,054 | |||||
| Interest Payable | 1,979,072 | 1,464,913 | 655,080 | |||||
| Interest Receivable | 0 | 0 | 0 | |||||
| Pre-Tax Profit | -825,509 | -8,492,762 | -6,699,134 | |||||
| Tax | 0 | 0 | 0 | |||||
| Profit After Tax | -825,509 | -8,492,762 | -6,699,134 | |||||
| Dividends Paid | 0 | 0 | 0 | |||||
| Retained Profit | -825,509 | -8,492,762 | -6,699,134 | |||||
| Employee Costs | 3,150,816 | 2,291,638 | 2,619,274 | |||||
| Number Of Employees | 43 | 34 | 38 | 23 | 11 | 5 | 1 | 1 |
| EBITDA* | 1,467,460 | -6,918,774 | -6,019,935 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 38,403 | 60,016 | 77,848 | 48,482 | 10,505 | 40,553 | 52,950 | 0 |
| Intangible Assets | 776,331 | 1,062,847 | 1,085,096 | 364,042 | 0 | 0 | 0 | 0 |
| Investments & Other | 143 | 143 | 143 | 143 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 814,877 | 1,123,006 | 1,163,087 | 412,667 | 10,505 | 40,553 | 52,950 | 0 |
| Stock & work in progress | 1,418,225 | 2,499,503 | 1,966,146 | 880,683 | 207,966 | 131,801 | 34,051 | 56,538 |
| Trade Debtors | 1,098,281 | 924,773 | 1,004,079 | 5,078,397 | 999,036 | 693,838 | 262,001 | 134,589 |
| Group Debtors | 13,075,513 | 12,667,616 | 6,336,100 | 885,732 | 0 | 0 | 0 | 0 |
| Misc Debtors | 337,731 | 394,697 | 365,561 | 86,182 | 141,059 | 84,105 | 95,134 | 22,718 |
| Cash | 1,845,585 | 171,664 | 279,016 | 1,195,519 | 1,212,722 | 117,770 | 414,908 | 29,717 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 17,775,335 | 16,658,253 | 9,950,902 | 8,126,513 | 2,560,783 | 1,027,514 | 806,094 | 243,562 |
| total assets | 18,590,212 | 17,781,259 | 11,113,989 | 8,539,180 | 2,571,288 | 1,068,067 | 859,044 | 243,562 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 825,323 | 3,095,198 | 2,459,074 | 1,676,842 | 320,109 | 912,909 | 211,694 | 190,798 |
| Group/Directors Accounts | 0 | 0 | 17,319,459 | 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 | 1,373,477 | 1,448,212 | 622,256 | 2,290,265 | 644,793 | 338,994 | 242,751 | 62,931 |
| total current liabilities | 2,198,800 | 4,543,410 | 20,400,789 | 3,967,107 | 964,902 | 1,251,903 | 454,445 | 253,729 |
| loans | 34,996,483 | 31,017,411 | 0 | 7,159,739 | 3,073,057 | 500,000 | 500,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 34,996,483 | 31,017,411 | 0 | 7,159,739 | 3,073,057 | 500,000 | 500,000 | 0 |
| total liabilities | 37,195,283 | 35,560,821 | 20,400,789 | 11,126,846 | 4,037,959 | 1,751,903 | 954,445 | 253,729 |
| net assets | -18,605,071 | -17,779,562 | -9,286,800 | -2,587,666 | -1,466,671 | -683,836 | -95,401 | -10,167 |
| total shareholders funds | -18,605,071 | -17,779,562 | -9,286,800 | -2,587,666 | -1,466,671 | -683,836 | -95,401 | -10,167 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 1,153,563 | -7,027,849 | -6,044,054 | |||||
| Depreciation | 27,381 | 25,859 | 24,119 | 9,788 | 13,017 | 14,489 | 3,730 | 0 |
| Amortisation | 286,516 | 83,216 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | |||||
| Stock | -1,081,278 | 533,357 | 1,085,463 | 672,717 | 173,915 | 97,750 | -22,487 | 56,538 |
| Debtors | 524,439 | 6,281,346 | 1,655,429 | 4,910,216 | 782,960 | 420,808 | 199,828 | 157,307 |
| Creditors | -2,269,875 | 636,124 | 782,232 | 1,356,733 | 108,415 | 701,215 | 20,896 | 190,798 |
| Accruals and Deferred Income | -74,735 | 825,956 | -1,668,009 | 1,645,472 | 402,042 | 96,243 | 179,820 | 62,931 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -320,311 | -12,271,397 | -9,646,604 | |||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 143 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -17,319,459 | 17,319,459 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 3,979,072 | 31,017,411 | -7,159,739 | 4,086,682 | 2,573,057 | 0 | 500,000 | 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 | -1,979,072 | -1,464,913 | -655,080 | |||||
| cash flow from financing | 2,000,000 | 12,233,039 | 9,504,640 | |||||
| cash and cash equivalents | ||||||||
| cash | 1,673,921 | -107,352 | -916,503 | -17,203 | 797,814 | -297,138 | 385,191 | 29,717 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,673,921 | -107,352 | -916,503 | -17,203 | 797,814 | -297,138 | 385,191 | 29,717 |
zelus sport limited Credit Report and Business Information
Zelus Sport Limited Competitor Analysis
Perform a competitor analysis for zelus sport limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in SK9 area or any other competitors across 12 key performance metrics.
zelus sport limited Ownership
ZELUS SPORT LIMITED group structure
Zelus Sport Limited has no subsidiary companies.
Ultimate parent company
HANSA AKTIENGESELLSCHAFT
#0085151
2 parents
ZELUS SPORT LIMITED
10004967
zelus sport limited directors
Zelus Sport Limited currently has 3 directors. The longest serving directors include Mr David Seales (Sep 2019) and Mr Hubertus Hoyt (Jun 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Seales | United Kingdom | 53 years | Sep 2019 | - | Director |
| Mr Hubertus Hoyt | United Kingdom | 69 years | Jun 2021 | - | Director |
| Ms Marina Viergutz | United Kingdom | 41 years | Aug 2024 | - | Director |
P&L
December 2023turnover
10.6m
+88%
operating profit
1.2m
-116%
gross margin
29.4%
-220.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-18.6m
+0.05%
total assets
18.6m
+0.05%
cash
1.8m
+9.75%
net assets
Total assets minus all liabilities
zelus sport limited company details
company number
10004967
Type
Private limited with Share Capital
industry
46420 - Wholesale of clothing and footwear
incorporation date
February 2016
age
8
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
neon team sports limited (October 2019)
neon team sales limited (August 2016)
accountant
-
auditor
HURST ACCOUNTANTS LIMITED
address
the colony altrincham road, wilmslow, cheshire, SK9 4LY
Bank
-
Legal Advisor
-
zelus sport 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 zelus sport limited. Currently there are 3 open charges and 1 have been satisfied in the past.
zelus sport limited Companies House Filings - See Documents
| date | description | view/download |
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