that explains things limited
that explains things limited Company Information
Company Number
10375750
Next Accounts
Jun 2025
Industry
Management consultancy activities (other than financial management)
Shareholders
samantha parker
nicholas parker
Group Structure
View All
Contact
Registered Address
71-75 shelton street, london, WC2H 9JQ
Website
thatexplainsthings.comthat explains things limited Estimated Valuation
Pomanda estimates the enterprise value of THAT EXPLAINS THINGS LIMITED at £95.5k based on a Turnover of £167.5k and 0.57x industry multiple (adjusted for size and gross margin).
that explains things limited Estimated Valuation
Pomanda estimates the enterprise value of THAT EXPLAINS THINGS LIMITED at £356.7k based on an EBITDA of £79.5k and a 4.49x industry multiple (adjusted for size and gross margin).
that explains things limited Estimated Valuation
Pomanda estimates the enterprise value of THAT EXPLAINS THINGS LIMITED at £409.7k based on Net Assets of £151.7k and 2.7x industry multiple (adjusted for liquidity).
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That Explains Things Limited Overview
That Explains Things Limited is a live company located in london, WC2H 9JQ with a Companies House number of 10375750. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in September 2016, it's largest shareholder is samantha parker with a 50% stake. That Explains Things Limited is a young, micro sized company, Pomanda has estimated its turnover at £167.5k with declining growth in recent years.
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That Explains Things Limited Health Check
Pomanda's financial health check has awarded That Explains Things Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £167.5k, make it smaller than the average company (£288k)
- That Explains Things Limited
£288k - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (7.1%)
- That Explains Things Limited
7.1% - Industry AVG
Production
with a gross margin of 55.5%, this company has a comparable cost of product (55.5%)
- That Explains Things Limited
55.5% - Industry AVG
Profitability
an operating margin of 46% make it more profitable than the average company (8.5%)
- That Explains Things Limited
8.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - That Explains Things Limited
3 - Industry AVG
Pay Structure
on an average salary of £41.7k, the company has an equivalent pay structure (£41.7k)
- That Explains Things Limited
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £83.7k, this is less efficient (£109.9k)
- That Explains Things Limited
£109.9k - Industry AVG
Debtor Days
it gets paid by customers after 84 days, this is later than average (70 days)
- That Explains Things Limited
70 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (27 days)
- That Explains Things Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- That Explains Things Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 214 weeks, this is more cash available to meet short term requirements (24 weeks)
214 weeks - That Explains Things Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18%, this is a lower level of debt than the average (56.2%)
18% - That Explains Things Limited
56.2% - Industry AVG
THAT EXPLAINS THINGS LIMITED financials
That Explains Things Limited's latest turnover from September 2023 is estimated at £167.5 thousand and the company has net assets of £151.7 thousand. According to their latest financial statements, That Explains Things Limited has 2 employees and maintains cash reserves of £137.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,835 | 4,170 | 3,127 | 2,146 | 1,580 | 1,994 | 605 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,835 | 4,170 | 3,127 | 2,146 | 1,580 | 1,994 | 605 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 38,779 | 18,774 | 14,190 | 142,050 | 159,140 | 117,731 | 22,842 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 241 | 229 | 3,836 | 0 | 117 | 0 | 164 |
| Cash | 137,770 | 100,294 | 106,524 | 0 | 0 | 0 | 60,134 |
| misc current assets | 1,462 | 0 | 1,590 | 0 | 0 | 69 | 0 |
| total current assets | 178,252 | 119,297 | 126,140 | 142,050 | 159,257 | 117,800 | 83,140 |
| total assets | 185,087 | 123,467 | 129,267 | 144,196 | 160,837 | 119,794 | 83,745 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 307 | 0 | 261 | 26,789 | 33,787 | 29,674 | 44 |
| Group/Directors Accounts | 0 | 1,690 | 1,128 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 33,057 | 32,530 | 25,557 | 0 | 0 | 0 | 37,686 |
| total current liabilities | 33,364 | 34,220 | 26,946 | 26,789 | 33,787 | 29,674 | 37,730 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 895 | 895 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 895 | 895 | 0 |
| total liabilities | 33,364 | 34,220 | 26,946 | 26,789 | 34,682 | 30,569 | 37,730 |
| net assets | 151,723 | 89,247 | 102,321 | 117,407 | 126,155 | 89,225 | 46,015 |
| total shareholders funds | 151,723 | 89,247 | 102,321 | 117,407 | 126,155 | 89,225 | 46,015 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 2,440 | 1,725 | 0 | 201 | |||
| Amortisation | 0 | 0 | 0 | 0 | |||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 20,017 | 977 | -124,024 | -17,207 | 41,526 | 94,725 | 23,006 |
| Creditors | 307 | -261 | -26,528 | -6,998 | 4,113 | 29,630 | 44 |
| Accruals and Deferred Income | 527 | 6,973 | 25,557 | -895 | 0 | -36,791 | 37,686 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,690 | 562 | 1,128 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 37,476 | -6,230 | 106,524 | 0 | 0 | -60,134 | 60,134 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 37,476 | -6,230 | 106,524 | 0 | 0 | -60,134 | 60,134 |
that explains things limited Credit Report and Business Information
That Explains Things Limited Competitor Analysis
Perform a competitor analysis for that explains things limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WC2H area or any other competitors across 12 key performance metrics.
that explains things limited Ownership
THAT EXPLAINS THINGS LIMITED group structure
That Explains Things Limited has no subsidiary companies.
Ultimate parent company
THAT EXPLAINS THINGS LIMITED
10375750
that explains things limited directors
That Explains Things Limited currently has 2 directors. The longest serving directors include Mr Nicholas Parker (Sep 2016) and Mrs Samantha Parker (Sep 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Parker | England | 52 years | Sep 2016 | - | Director |
| Mrs Samantha Parker | England | 52 years | Sep 2016 | - | Director |
P&L
September 2023turnover
167.5k
+28%
operating profit
77.1k
0%
gross margin
55.6%
+2.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
151.7k
+0.7%
total assets
185.1k
+0.5%
cash
137.8k
+0.37%
net assets
Total assets minus all liabilities
that explains things limited company details
company number
10375750
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
September 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
71-75 shelton street, london, WC2H 9JQ
Bank
-
Legal Advisor
-
that explains things 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 that explains things limited.
that explains things 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 THAT EXPLAINS THINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
that explains things limited Companies House Filings - See Documents
| date | description | view/download |
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