118 group holdings ltd
118 group holdings ltd Company Information
Company Number
10298457
Next Accounts
Sep 2025
Industry
Dormant Company
Shareholders
paul spinks
pcp cayman aiv lp
View AllGroup Structure
View All
Contact
Registered Address
62 anchorage road, anchorage road, sutton coldfield, B74 2PG
Website
118group.co.uk118 group holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of 118 GROUP HOLDINGS LTD at £0 based on a Turnover of £10.8m and 0x industry multiple (adjusted for size and gross margin).
118 group holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of 118 GROUP HOLDINGS LTD at £25.3m based on an EBITDA of £4.3m and a 5.87x industry multiple (adjusted for size and gross margin).
118 group holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of 118 GROUP HOLDINGS LTD at £0 based on Net Assets of £-37.8m and 0.79x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
118 Group Holdings Ltd Overview
118 Group Holdings Ltd is a live company located in sutton coldfield, B74 2PG with a Companies House number of 10298457. It operates in the dormant company sector, SIC Code 99999. Founded in July 2016, it's largest shareholder is paul spinks with a 49.6% stake. 118 Group Holdings Ltd is a young, mid sized company, Pomanda has estimated its turnover at £10.8m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
118 Group Holdings Ltd Health Check
Pomanda's financial health check has awarded 118 Group Holdings Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £10.8m, make it larger than the average company (£8.8m)
£10.8m - 118 Group Holdings Ltd
£8.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (6.7%)
-5% - 118 Group Holdings Ltd
6.7% - Industry AVG
Production
with a gross margin of 97.3%, this company has a lower cost of product (32.4%)
97.3% - 118 Group Holdings Ltd
32.4% - Industry AVG
Profitability
an operating margin of 38.4% make it more profitable than the average company (4.6%)
38.4% - 118 Group Holdings Ltd
4.6% - Industry AVG
Employees
with 97 employees, this is above the industry average (60)
97 - 118 Group Holdings Ltd
60 - Industry AVG
Pay Structure
on an average salary of £49k, the company has an equivalent pay structure (£41.1k)
£49k - 118 Group Holdings Ltd
£41.1k - Industry AVG
Efficiency
resulting in sales per employee of £111.4k, this is less efficient (£195.5k)
£111.4k - 118 Group Holdings Ltd
£195.5k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is later than average (41 days)
52 days - 118 Group Holdings Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 1113 days, this is slower than average (42 days)
1113 days - 118 Group Holdings Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - 118 Group Holdings Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (14 weeks)
19 weeks - 118 Group Holdings Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 174.8%, this is a higher level of debt than the average (72%)
174.8% - 118 Group Holdings Ltd
72% - Industry AVG
118 GROUP HOLDINGS LTD financials
118 Group Holdings Ltd's latest turnover from December 2023 is £10.8 million and the company has net assets of -£37.8 million. According to their latest financial statements, 118 Group Holdings Ltd has 97 employees and maintains cash reserves of £2.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 10,803,703 | 11,065,598 | 11,470,083 | 12,760,047 | 15,366,147 | 16,617,345 | 11,067,794 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 288,243 | 326,411 | 383,950 | 401,086 | 883,144 | 827,152 | 327,826 |
| Gross Profit | 10,515,460 | 10,739,187 | 11,086,133 | 12,358,961 | 14,483,003 | 15,790,193 | 10,739,968 |
| Admin Expenses | 6,368,040 | 5,740,252 | 5,824,858 | 6,838,497 | 15,080,758 | 15,213,898 | 11,134,044 |
| Operating Profit | 4,147,420 | 4,998,935 | 5,261,275 | 5,520,464 | -597,755 | 576,295 | -394,076 |
| Interest Payable | 10,226,888 | 9,601,623 | 8,917,920 | 8,415,096 | 7,931,150 | 7,455,320 | 5,419,164 |
| Interest Receivable | 3,506,439 | 2,214,983 | 148 | 725 | 4,419 | 198,015 | 0 |
| Pre-Tax Profit | -2,573,029 | -2,387,705 | -3,656,497 | -2,893,907 | -8,524,486 | -6,681,010 | -6,115,101 |
| Tax | -657,216 | -725,301 | -554,341 | -738,183 | -731,820 | -795,773 | -609,938 |
| Profit After Tax | -3,230,245 | -3,113,006 | -4,210,838 | -3,632,090 | -9,256,306 | -7,476,783 | -6,725,039 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -3,230,245 | -3,113,006 | -4,210,838 | -3,632,090 | -9,256,306 | -7,476,783 | -6,725,039 |
| Employee Costs | 4,755,677 | 4,175,066 | 4,085,805 | 5,114,369 | 5,967,200 | 6,670,537 | 4,520,107 |
| Number Of Employees | 97 | 95 | 98 | 124 | 147 | 144 | 138 |
| EBITDA* | 4,314,324 | 5,179,065 | 5,470,027 | 5,794,404 | 5,898,399 | 6,733,582 | 4,527,661 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 588,269 | 682,895 | 841,430 | 975,688 | 118,665 | 104,273 | 93,973 |
| Intangible Assets | 46,106,313 | 46,107,833 | 46,122,229 | 46,184,324 | 46,287,319 | 52,669,865 | 62,993,897 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 46,694,582 | 46,790,728 | 46,963,659 | 47,160,012 | 46,405,984 | 52,774,138 | 63,087,870 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,548,244 | 1,312,682 | 1,237,841 | 1,397,495 | 2,073,226 | 2,380,077 | 2,572,845 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 251,842 | 162,873 | 176,158 | 208,387 | 289,040 |
| Cash | 2,312,340 | 2,459,799 | 2,865,579 | 2,660,441 | 1,738,770 | 2,505,212 | 1,262,238 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,862,682 | 3,806,711 | 4,355,262 | 4,227,371 | 3,988,154 | 5,093,676 | 4,124,123 |
| total assets | 50,557,264 | 50,597,439 | 51,318,921 | 51,387,383 | 50,394,138 | 57,867,814 | 67,211,993 |
| Bank overdraft | 0 | 0 | 0 | 302 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 879,219 | 819,818 | 230,597 | 144,647 | 277,483 | 200,392 | 244,238 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 2,828,254 | 1,960,106 | 2,005,729 | 1,717,121 | 1,142,997 | 1,327,802 | 3,285,910 |
| hp & lease commitments | 109,780 | 103,419 | 97,336 | 88,958 | 0 | 0 | 0 |
| other current liabilities | 2,205,976 | 1,881,287 | 2,939,215 | 3,009,365 | 3,016,220 | 3,370,375 | 3,469,089 |
| total current liabilities | 6,023,229 | 4,764,630 | 5,272,877 | 4,960,393 | 4,436,700 | 4,898,569 | 6,999,237 |
| loans | 164,352,496 | 160,706,396 | 154,906,854 | 74,134,640 | 69,217,260 | 67,062,169 | 66,816,656 |
| hp & lease commitments | 512,591 | 622,371 | 725,790 | 823,126 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 112,777 | 0 | 0 | 42,917 | 79,920 | 0 | 0 |
| provisions | 82,424 | 91,136 | 91,136 | 107,570 | 53,785 | 44,297 | 57,538 |
| total long term liabilities | 82,330,237 | 80,398,766 | 77,498,995 | 73,408,216 | 69,350,965 | 67,106,466 | 66,874,194 |
| total liabilities | 88,353,466 | 85,163,396 | 82,771,872 | 78,368,609 | 73,787,665 | 72,005,035 | 73,873,431 |
| net assets | -37,796,202 | -34,565,957 | -31,452,951 | -26,981,226 | -23,393,527 | -14,137,221 | -6,661,438 |
| total shareholders funds | -37,796,202 | -34,565,957 | -31,452,951 | -26,981,226 | -23,393,527 | -14,137,221 | -6,661,438 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 4,147,420 | 4,998,935 | 5,261,275 | 5,520,464 | -597,755 | 576,295 | -394,076 |
| Depreciation | 133,478 | 165,734 | 194,353 | 202,845 | 48,116 | 49,464 | 19,460 |
| Amortisation | 33,426 | 14,396 | 14,399 | 71,095 | 6,448,038 | 6,107,823 | 4,902,277 |
| Tax | -657,216 | -725,301 | -554,341 | -738,183 | -731,820 | -795,773 | -609,938 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 235,562 | -177,001 | -70,685 | -689,016 | -339,080 | -273,421 | 2,861,885 |
| Creditors | 59,401 | 589,221 | 85,950 | -132,836 | 77,091 | -43,846 | 244,238 |
| Accruals and Deferred Income | 324,689 | -1,057,928 | -70,150 | -6,855 | -354,155 | -98,714 | 3,469,089 |
| Deferred Taxes & Provisions | -8,712 | 0 | -16,434 | 53,785 | 9,488 | -13,241 | 57,538 |
| Cash flow from operations | 3,796,924 | 4,162,058 | 4,985,737 | 5,659,331 | 5,238,083 | 6,055,429 | 4,826,703 |
| Investing Activities | |||||||
| capital expenditure | 0 | -167,299 | -126,354 | ||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | -167,299 | -126,354 | ||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 868,148 | -45,623 | 288,608 | 574,124 | -184,805 | -1,958,108 | 3,285,910 |
| Long term loans | 3,646,100 | 5,799,542 | 80,772,214 | 4,917,380 | 2,155,091 | 245,513 | 66,816,656 |
| Hire Purchase and Lease Commitments | -103,419 | -97,336 | -88,958 | 912,084 | 0 | 0 | 0 |
| other long term liabilities | 112,777 | 0 | -42,917 | -37,003 | 79,920 | 0 | 0 |
| share issue | |||||||
| interest | -6,720,449 | -7,386,640 | -8,917,772 | -8,414,371 | -7,926,731 | -7,257,305 | -5,419,164 |
| cash flow from financing | -2,196,843 | -1,730,057 | 71,750,288 | -2,003,395 | -5,876,525 | -8,968,900 | 64,747,003 |
| cash and cash equivalents | |||||||
| cash | -147,459 | -405,780 | 205,138 | 921,671 | -766,442 | 1,242,974 | 1,262,238 |
| overdraft | 0 | 0 | -302 | 302 | 0 | 0 | 0 |
| change in cash | -147,459 | -405,780 | 205,440 | 921,369 | -766,442 | 1,242,974 | 1,262,238 |
118 group holdings ltd Credit Report and Business Information
118 Group Holdings Ltd Competitor Analysis
Perform a competitor analysis for 118 group holdings ltd by selecting its closest rivals, whether from the ACTIVITIES OF EXTRATERRITORIAL ORGANISATIONS AND BODIES sector, other mid companies, companies in B74 area or any other competitors across 12 key performance metrics.
118 group holdings ltd Ownership
118 GROUP HOLDINGS LTD group structure
118 Group Holdings Ltd has 1 subsidiary company.
Ultimate parent company
118 GROUP HOLDINGS LTD
10298457
1 subsidiary
118 group holdings ltd directors
118 Group Holdings Ltd currently has 6 directors. The longest serving directors include Mr Paul Spinks (Mar 2017) and Mr Donald Campbell (Apr 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Spinks | United Kingdom | 61 years | Mar 2017 | - | Director |
| Mr Donald Campbell | 61 years | Apr 2017 | - | Director | |
| Ms Marie Fioramonti | United States | 63 years | Apr 2017 | - | Director |
| Mr Steve Smith | England | 71 years | Oct 2020 | - | Director |
| Mr Andrew Weatherstone | United Kingdom | 61 years | Mar 2021 | - | Director |
| Kelly Preston | 48 years | Mar 2024 | - | Director |
P&L
December 2023turnover
10.8m
-2%
operating profit
4.1m
-17%
gross margin
97.4%
+0.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-37.8m
+0.09%
total assets
50.6m
0%
cash
2.3m
-0.06%
net assets
Total assets minus all liabilities
118 group holdings ltd company details
company number
10298457
Type
Private limited with Share Capital
industry
99999 - Dormant Company
incorporation date
July 2016
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
hamsard 3427 limited (September 2017)
accountant
-
auditor
GRAVITA II LLP
address
62 anchorage road, anchorage road, sutton coldfield, B74 2PG
Bank
-
Legal Advisor
-
118 group holdings 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 118 group holdings ltd.
118 group holdings 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 118 GROUP HOLDINGS LTD. This can take several minutes, an email will notify you when this has completed.
118 group holdings ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
