movement8 ltd

Live YoungSmallHigh

movement8 ltd Company Information

Share MOVEMENT8 LTD

Company Number

10052851

Shareholders

paul winchester

lisa winchester

Group Structure

View All

Industry

Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.

 

Registered Address

89 king street, maidstone, kent, ME14 1BG

movement8 ltd Estimated Valuation

£462.3k

Pomanda estimates the enterprise value of MOVEMENT8 LTD at £462.3k based on a Turnover of £2.8m and 0.17x industry multiple (adjusted for size and gross margin).

movement8 ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MOVEMENT8 LTD at £0 based on an EBITDA of £-252.9k and a 2.92x industry multiple (adjusted for size and gross margin).

movement8 ltd Estimated Valuation

£25k

Pomanda estimates the enterprise value of MOVEMENT8 LTD at £25k based on Net Assets of £19.6k and 1.28x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Movement8 Ltd Overview

Movement8 Ltd is a live company located in kent, ME14 1BG with a Companies House number of 10052851. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in March 2016, it's largest shareholder is paul winchester with a 71.4% stake. Movement8 Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.8m with high growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Movement8 Ltd Health Check

Pomanda's financial health check has awarded Movement8 Ltd 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

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

5 Regular

positive_score

4 Weak

size

Size

annual sales of £2.8m, make it smaller than the average company (£7.1m)

£2.8m - Movement8 Ltd

£7.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (8.4%)

29% - Movement8 Ltd

8.4% - Industry AVG

production

Production

with a gross margin of 22.8%, this company has a comparable cost of product (22.8%)

22.8% - Movement8 Ltd

22.8% - Industry AVG

profitability

Profitability

an operating margin of -10.4% make it less profitable than the average company (3%)

-10.4% - Movement8 Ltd

3% - Industry AVG

employees

Employees

with 19 employees, this is below the industry average (41)

19 - Movement8 Ltd

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £50.4k, the company has an equivalent pay structure (£50.4k)

£50.4k - Movement8 Ltd

£50.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £147.4k, this is equally as efficient (£143.3k)

£147.4k - Movement8 Ltd

£143.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 33 days, this is near the average (41 days)

33 days - Movement8 Ltd

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 19 days, this is slower than average (8 days)

19 days - Movement8 Ltd

8 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Movement8 Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 12 weeks, this is average cash available to meet short term requirements (12 weeks)

12 weeks - Movement8 Ltd

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 97.9%, this is a higher level of debt than the average (64.8%)

97.9% - Movement8 Ltd

64.8% - Industry AVG

MOVEMENT8 LTD financials

EXPORTms excel logo

Movement8 Ltd's latest turnover from March 2024 is estimated at £2.8 million and the company has net assets of £19.6 thousand. According to their latest financial statements, Movement8 Ltd has 19 employees and maintains cash reserves of £150.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Turnover2,801,0203,150,6171,562,2041,308,0051,379,133830,1301,745,8141,035,754
Other Income Or Grants
Cost Of Sales2,163,5822,362,3811,166,7931,008,4781,063,067640,9211,352,267793,447
Gross Profit637,439788,235395,411299,528316,065189,209393,547242,307
Admin Expenses929,032602,046157,955294,225288,521217,617347,838242,070
Operating Profit-291,593186,189237,4565,30327,544-28,40845,709237
Interest Payable33,79626,93320,61016,82215,2128,757
Interest Receivable18,78723,6462,7421511751,02317234
Pre-Tax Profit-306,602182,902219,588-11,36812,506-36,14345,881271
Tax-34,751-41,722-2,376-8,717-54
Profit After Tax-306,602148,151177,866-11,36810,130-36,14337,164217
Dividends Paid
Retained Profit-306,602148,151177,866-11,36810,130-36,14337,164217
Employee Costs958,1491,207,176495,277441,574416,313297,196161,98879,375
Number Of Employees1925111110742
EBITDA*-252,872230,254242,4409,30030,668-25,54647,8502,026

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Tangible Assets103,754141,61816,4236,0988,6874,8725,9066,142
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets103,754141,61816,4236,0988,6874,8725,9066,142
Stock & work in progress
Trade Debtors260,281378,825178,229173,370188,02299,318150,94576,476
Group Debtors275,069
Misc Debtors121,613253,674177,987235,79291,90921,449
Cash150,303565,398547,373183,728118,022231,01641,66827,191
misc current assets
total current assets807,2661,197,897903,589592,890397,953351,783192,613103,667
total assets911,0201,339,515920,012598,988406,640356,655198,519109,809
Bank overdraft130,246227,12693,40272,2634,4153,783
Bank loan
Trade Creditors 116,554100,76673,46324,10535,07427,063159,916108,263
Group/Directors Accounts240,649246,50171,15525,229
other short term finances80,27260,00030,725116,98598,229
hp & lease commitments20,39617,193
other current liabilities257,226282,723120,520190,16595,39367,847
total current liabilities604,694868,457593,886388,413277,096196,922159,916108,263
loans163,180145,000209,276117,875157,469
hp & lease commitments97,652118,048
Accruals and Deferred Income
other liabilities
provisions25,93926,8533,1201,1592019261,1221,229
total long term liabilities286,771144,901148,120210,435118,076158,3951,1221,229
total liabilities891,4651,013,358742,006598,848395,172355,317161,038109,492
net assets19,555326,157178,00614011,4681,33837,481317
total shareholders funds19,555326,157178,00614011,4681,33837,481317
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Operating Activities
Operating Profit-291,593186,189237,4565,30327,544-28,40845,709237
Depreciation38,72144,0654,9843,9973,1242,8622,1411,789
Amortisation
Tax-34,751-41,722-2,376-8,717-54
Stock
Debtors24,464276,283-52,946129,231159,164-30,17874,46976,476
Creditors15,78827,30349,358-10,9698,011-132,85351,653108,263
Accruals and Deferred Income-25,497162,203-69,64594,77227,54667,847
Deferred Taxes & Provisions-91423,7331,961958-725-196-1071,229
Cash flow from operations-287,959132,459235,338-35,170-96,040-60,57016,21034,988
Investing Activities
capital expenditure-857-169,260-15,309-1,408-6,939-1,828-1,905-7,931
Change in Investments
cash flow from investments-857-169,260-15,309-1,408-6,939-1,828-1,905-7,931
Financing Activities
Bank loans
Group/Directors Accounts-240,649-5,852175,34645,92625,229
Other Short Term Loans 80,272-60,00029,275-86,26018,75698,229
Long term loans163,180-145,000-64,27691,401-39,594157,469
Hire Purchase and Lease Commitments-17,193135,241
other long term liabilities
share issue40100
interest-15,009-3,287-17,868-16,671-15,037-7,73417234
cash flow from financing-29,399-78,898122,47734,436-10,646247,964172134
cash and cash equivalents
cash-415,09518,025363,64565,706-112,994189,34814,47727,191
overdraft-96,880133,72421,13967,8486323,783
change in cash-318,215-115,699342,506-2,142-113,626185,56514,47727,191

movement8 ltd 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 movement8 ltd. Get real-time insights into movement8 ltd'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

Movement8 Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for movement8 ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in ME14 area or any other competitors across 12 key performance metrics.

movement8 ltd Ownership

MOVEMENT8 LTD group structure

Movement8 Ltd has no subsidiary companies.

Ultimate parent company

MOVEMENT8 LTD

10052851

MOVEMENT8 LTD Shareholders

paul winchester 71.43%
lisa winchester 28.57%

movement8 ltd directors

Movement8 Ltd currently has 1 director, Mr Paul Winchester serving since Mar 2016.

officercountryagestartendrole
Mr Paul WinchesterEngland52 years Mar 2016- Director

P&L

March 2024

turnover

2.8m

-11%

operating profit

-291.6k

0%

gross margin

22.8%

-9.04%

turnover

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

Balance Sheet

March 2024

net assets

19.6k

-0.94%

total assets

911k

-0.32%

cash

150.3k

-0.73%

net assets

Total assets minus all liabilities

movement8 ltd company details

company number

10052851

Type

Private limited with Share Capital

industry

78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.

incorporation date

March 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

MCCABE FORD WILLIAMS

auditor

-

address

89 king street, maidstone, kent, ME14 1BG

Bank

-

Legal Advisor

-

movement8 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 found 3 charges/mortgages relating to movement8 ltd. Currently there are 1 open charges and 2 have been satisfied in the past.

movement8 ltd 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 MOVEMENT8 LTD. This can take several minutes, an email will notify you when this has completed.

movement8 ltd Companies House Filings - See Documents

datedescriptionview/download