aspire2live cic
aspire2live cic Company Information
Group Structure
View All
Industry
Technical and vocational secondary education
Registered Address
210 exeter street, plymouth, PL4 0NH
Website
aspire2livecic.ukaspire2live cic Estimated Valuation
Pomanda estimates the enterprise value of ASPIRE2LIVE CIC at £62.1k based on a Turnover of £114k and 0.54x industry multiple (adjusted for size and gross margin).
aspire2live cic Estimated Valuation
Pomanda estimates the enterprise value of ASPIRE2LIVE CIC at £85.3k based on an EBITDA of £24.2k and a 3.52x industry multiple (adjusted for size and gross margin).
aspire2live cic Estimated Valuation
Pomanda estimates the enterprise value of ASPIRE2LIVE CIC at £0 based on Net Assets of £-1.3k and 2.63x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Aspire2live Cic Overview
Aspire2live Cic is a live company located in plymouth, PL4 0NH with a Companies House number of 10406228. It operates in the technical and vocational secondary education sector, SIC Code 85320. Founded in October 2016, it's largest shareholder is unknown. Aspire2live Cic is a young, micro sized company, Pomanda has estimated its turnover at £114k with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Aspire2live Cic Health Check
Pomanda's financial health check has awarded Aspire2Live Cic a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £114k, make it smaller than the average company (£611.7k)
- Aspire2live Cic
£611.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a faster rate (-0.1%)
- Aspire2live Cic
-0.1% - Industry AVG
Production
with a gross margin of 33%, this company has a higher cost of product (54.8%)
- Aspire2live Cic
54.8% - Industry AVG
Profitability
an operating margin of 21.3% make it more profitable than the average company (3.1%)
- Aspire2live Cic
3.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (17)
2 - Aspire2live Cic
17 - Industry AVG
Pay Structure
on an average salary of £30.1k, the company has an equivalent pay structure (£30.1k)
- Aspire2live Cic
£30.1k - Industry AVG
Efficiency
resulting in sales per employee of £57k, this is equally as efficient (£56k)
- Aspire2live Cic
£56k - Industry AVG
Debtor Days
it gets paid by customers after 83 days, this is later than average (19 days)
- Aspire2live Cic
19 days - Industry AVG
Creditor Days
its suppliers are paid after 161 days, this is slower than average (28 days)
- Aspire2live Cic
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Aspire2live Cic
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Aspire2live Cic
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104%, this is a higher level of debt than the average (30.9%)
104% - Aspire2live Cic
30.9% - Industry AVG
ASPIRE2LIVE CIC financials
Aspire2Live Cic's latest turnover from October 2021 is estimated at £114 thousand and the company has net assets of -£1.3 thousand. According to their latest financial statements, Aspire2Live Cic has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 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 | 1 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|
| Tangible Assets | 1,484 | 2,307 | 307 | 8,074 | |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 1,484 | 2,307 | 307 | 8,074 | |
| Stock & work in progress | |||||
| Trade Debtors | 26,088 | 4,691 | 4,194 | 21,500 | 887 |
| Group Debtors | |||||
| Misc Debtors | 5,450 | 5,333 | |||
| Cash | |||||
| misc current assets | 2,450 | 576 | |||
| total current assets | 31,538 | 10,024 | 6,644 | 22,076 | 887 |
| total assets | 33,022 | 12,331 | 6,951 | 30,150 | 887 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 33,725 | 32,664 | 5,668 | 19,388 | |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | |||||
| total current liabilities | 33,725 | 32,664 | 5,668 | 19,388 | |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | 600 | 600 | 600 | 600 | 600 |
| other liabilities | 3,924 | ||||
| provisions | |||||
| total long term liabilities | 600 | 600 | 600 | 4,524 | 600 |
| total liabilities | 34,325 | 33,264 | 600 | 10,192 | 19,988 |
| net assets | -1,303 | -20,933 | 6,351 | 19,958 | -19,101 |
| total shareholders funds | -1,303 | -20,933 | 6,351 | 19,958 | -19,101 |
| Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 21,514 | 5,830 | -17,306 | 20,613 | 887 |
| Creditors | 1,061 | 32,664 | -5,668 | -13,720 | 19,388 |
| Accruals and Deferred Income | 600 | ||||
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | -3,924 | 3,924 | |||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | |||||
| overdraft | |||||
| change in cash |
aspire2live cic Credit Report and Business Information
Aspire2live Cic Competitor Analysis
Perform a competitor analysis for aspire2live cic by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in PL4 area or any other competitors across 12 key performance metrics.
aspire2live cic Ownership
ASPIRE2LIVE CIC group structure
Aspire2Live Cic has no subsidiary companies.
Ultimate parent company
ASPIRE2LIVE CIC
10406228
aspire2live cic directors
Aspire2Live Cic currently has 2 directors. The longest serving directors include Mrs Melanie Morrell (Oct 2016) and Ms Diane Bibby (Oct 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Melanie Morrell | England | 60 years | Oct 2016 | - | Director |
| Ms Diane Bibby | England | 67 years | Oct 2016 | - | Director |
P&L
October 2021turnover
114k
+133%
operating profit
24.2k
0%
gross margin
33.1%
+7.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2021net assets
-1.3k
-0.94%
total assets
33k
+1.68%
cash
0
0%
net assets
Total assets minus all liabilities
aspire2live cic company details
company number
10406228
Type
Private Ltd By Guarantee w/o Share Cap
industry
85320 - Technical and vocational secondary education
incorporation date
October 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2021
previous names
N/A
accountant
-
auditor
-
address
210 exeter street, plymouth, PL4 0NH
Bank
-
Legal Advisor
-
aspire2live cic 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 aspire2live cic.
aspire2live cic 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 ASPIRE2LIVE CIC. This can take several minutes, an email will notify you when this has completed.
aspire2live cic Companies House Filings - See Documents
| date | description | view/download |
|---|
