extraless ltd.
extraless ltd. Company Information
Company Number
10489323
Website
-Registered Address
69 banstead road, carshalton, surrey, SM5 3NP
Industry
Other information technology and computer service activities
Retail sale of watches and jewellery in specialised stores
Telephone
-
Next Accounts Due
August 2025
Group Structure
View All
Shareholders
ajibade fatona 100%
extraless ltd. Estimated Valuation
Pomanda estimates the enterprise value of EXTRALESS LTD. at £198.2k based on a Turnover of £446.3k and 0.44x industry multiple (adjusted for size and gross margin).
extraless ltd. Estimated Valuation
Pomanda estimates the enterprise value of EXTRALESS LTD. at £0 based on an EBITDA of £-80.3k and a 3.32x industry multiple (adjusted for size and gross margin).
extraless ltd. Estimated Valuation
Pomanda estimates the enterprise value of EXTRALESS LTD. at £0 based on Net Assets of £-298.7k and 0.6x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Extraless Ltd. Overview
Extraless Ltd. is a live company located in surrey, SM5 3NP with a Companies House number of 10489323. It operates in the retail sale of watches and jewellery in specialised stores sector, SIC Code 47770. Founded in November 2016, it's largest shareholder is ajibade fatona with a 100% stake. Extraless Ltd. is a young, micro sized company, Pomanda has estimated its turnover at £446.3k with rapid growth in recent years.
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Extraless Ltd. Health Check
Pomanda's financial health check has awarded Extraless Ltd. a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £446.3k, make it smaller than the average company (£9.3m)
- Extraless Ltd.
£9.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (9.5%)
- Extraless Ltd.
9.5% - Industry AVG
Production
with a gross margin of 27.4%, this company has a higher cost of product (42.7%)
- Extraless Ltd.
42.7% - Industry AVG
Profitability
an operating margin of -18% make it less profitable than the average company (5.4%)
- Extraless Ltd.
5.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (34)
2 - Extraless Ltd.
34 - Industry AVG
Pay Structure
on an average salary of £51.5k, the company has an equivalent pay structure (£51.5k)
- Extraless Ltd.
£51.5k - Industry AVG
Efficiency
resulting in sales per employee of £223.1k, this is more efficient (£188.2k)
- Extraless Ltd.
£188.2k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (34 days)
- Extraless Ltd.
34 days - Industry AVG
Creditor Days
its suppliers are paid after 413 days, this is slower than average (36 days)
- Extraless Ltd.
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Extraless Ltd.
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (16 weeks)
7 weeks - Extraless Ltd.
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 539.2%, this is a higher level of debt than the average (55%)
539.2% - Extraless Ltd.
55% - Industry AVG
EXTRALESS LTD. financials
Extraless Ltd.'s latest turnover from November 2023 is estimated at £446.3 thousand and the company has net assets of -£298.7 thousand. According to their latest financial statements, Extraless Ltd. has 2 employees and maintains cash reserves of £55.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 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 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 7,526 | 0 | 0 |
| Trade Debtors | 12,562 | 2,579 | 10,043 | 10,043 | 10,043 | 7,631 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 55,441 | 47,896 | 14,987 | 26,896 | 217 | 1,530 | 1 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 68,003 | 50,475 | 25,030 | 36,939 | 17,786 | 9,161 | 1 |
| total assets | 68,003 | 50,475 | 25,030 | 36,939 | 17,786 | 9,161 | 1 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 366,682 | 271,438 | 230,107 | 175,575 | 57,604 | 18,927 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 366,682 | 271,438 | 230,107 | 175,575 | 57,604 | 18,927 | 0 |
| 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 | 0 | 0 | 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 | 0 | 0 | 0 |
| total liabilities | 366,682 | 271,438 | 230,107 | 175,575 | 57,604 | 18,927 | 0 |
| net assets | -298,679 | -220,963 | -205,077 | -138,636 | -39,818 | -9,766 | 1 |
| total shareholders funds | -298,679 | -220,963 | -205,077 | -138,636 | -39,818 | -9,766 | 1 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | -7,526 | 7,526 | 0 | 0 |
| Debtors | 9,983 | -7,464 | 0 | 0 | 2,412 | 7,631 | 0 |
| Creditors | 95,244 | 41,331 | 54,532 | 117,971 | 38,677 | 18,927 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 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 | 7,545 | 32,909 | -11,909 | 26,679 | -1,313 | 1,529 | 1 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 7,545 | 32,909 | -11,909 | 26,679 | -1,313 | 1,529 | 1 |
extraless ltd. Credit Report and Business Information
Extraless Ltd. Competitor Analysis
Perform a competitor analysis for extraless ltd. by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in SM5 area or any other competitors across 12 key performance metrics.
extraless ltd. Ownership
EXTRALESS LTD. group structure
Extraless Ltd. has no subsidiary companies.
Ultimate parent company
EXTRALESS LTD.
10489323
extraless ltd. directors
Extraless Ltd. currently has 2 directors. The longest serving directors include Mr Ajibade Fatona (Nov 2016) and Mr Adetokunbo Fatona (Jan 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ajibade Fatona | England | 38 years | Nov 2016 | - | Director |
| Mr Adetokunbo Fatona | England | 35 years | Jan 2021 | - | Director |
P&L
November 2023turnover
446.3k
+47%
operating profit
-80.3k
0%
gross margin
27.4%
+14.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
-298.7k
+0.35%
total assets
68k
+0.35%
cash
55.4k
+0.16%
net assets
Total assets minus all liabilities
Similar Companies
extraless ltd. company details
company number
10489323
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
47770 - Retail sale of watches and jewellery in specialised stores
incorporation date
November 2016
age
8
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
exraless ltd. (May 2018)
baaad company ltd. (April 2018)
last accounts submitted
November 2023
address
69 banstead road, carshalton, surrey, SM5 3NP
accountant
MAYFAIR ASSOCIATES LONDON LTD
auditor
-
extraless 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 extraless ltd..
extraless ltd. Companies House Filings - See Documents
| date | description | view/download |
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