open colours painters and decorators ltd
open colours painters and decorators ltd Company Information
Company Number
10611473
Website
colourscomplete.co.ukRegistered Address
352 fulham road, london, SW10 9UH
Industry
Other personal service activities n.e.c.
Telephone
01217738488
Next Accounts Due
October 2024
Group Structure
View All
Directors
Ilo Petrov7 Years
Shareholders
ilo petrov 100%
open colours painters and decorators ltd Estimated Valuation
Pomanda estimates the enterprise value of OPEN COLOURS PAINTERS AND DECORATORS LTD at £11.9k based on a Turnover of £24.9k and 0.48x industry multiple (adjusted for size and gross margin).
open colours painters and decorators ltd Estimated Valuation
Pomanda estimates the enterprise value of OPEN COLOURS PAINTERS AND DECORATORS LTD at £0 based on an EBITDA of £-2.6k and a 3.11x industry multiple (adjusted for size and gross margin).
open colours painters and decorators ltd Estimated Valuation
Pomanda estimates the enterprise value of OPEN COLOURS PAINTERS AND DECORATORS LTD at £0 based on Net Assets of £-2.7k and 2.03x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Open Colours Painters And Decorators Ltd Overview
Open Colours Painters And Decorators Ltd is a dissolved company that was located in london, SW10 9UH with a Companies House number of 10611473. It operated in the other service activities n.e.c. sector, SIC Code 96090. Founded in February 2017, it's largest shareholder was ilo petrov with a 100% stake. The last turnover for Open Colours Painters And Decorators Ltd was estimated at £24.9k.
Upgrade for unlimited company reports & a free credit check
Open Colours Painters And Decorators Ltd Health Check
Pomanda's financial health check has awarded Open Colours Painters And Decorators Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £24.9k, make it smaller than the average company (£802k)
- Open Colours Painters And Decorators Ltd
£802k - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (3.4%)
- Open Colours Painters And Decorators Ltd
3.4% - Industry AVG
Production
with a gross margin of 18.9%, this company has a higher cost of product (40.4%)
- Open Colours Painters And Decorators Ltd
40.4% - Industry AVG
Profitability
an operating margin of -10.3% make it less profitable than the average company (7.3%)
- Open Colours Painters And Decorators Ltd
7.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - Open Colours Painters And Decorators Ltd
14 - Industry AVG
Pay Structure
on an average salary of £28.5k, the company has an equivalent pay structure (£28.5k)
- Open Colours Painters And Decorators Ltd
£28.5k - Industry AVG
Efficiency
resulting in sales per employee of £24.9k, this is less efficient (£79.1k)
- Open Colours Painters And Decorators Ltd
£79.1k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is later than average (31 days)
- Open Colours Painters And Decorators Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 115 days, this is slower than average (41 days)
- Open Colours Painters And Decorators Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Open Colours Painters And Decorators Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Open Colours Painters And Decorators Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 170.9%, this is a higher level of debt than the average (44.6%)
170.9% - Open Colours Painters And Decorators Ltd
44.6% - Industry AVG
OPEN COLOURS PAINTERS AND DECORATORS LTD financials
Open Colours Painters And Decorators Ltd's latest turnover from February 2022 is estimated at £24.9 thousand and the company has net assets of -£2.7 thousand. According to their latest financial statements, Open Colours Painters And Decorators Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,745 | 6,990 | 1,330 | 1,784 | 3,213 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,745 | 6,990 | 1,330 | 1,784 | 3,213 |
| total assets | 3,745 | 6,990 | 1,330 | 1,784 | 3,213 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,400 | 7,085 | 4,872 | 1,563 | 2,222 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 6,400 | 7,085 | 4,872 | 1,563 | 2,222 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 2,190 | 850 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 2,190 | 850 |
| total liabilities | 6,400 | 7,085 | 4,872 | 3,753 | 3,072 |
| net assets | -2,655 | -95 | -3,542 | -1,969 | 141 |
| total shareholders funds | -2,655 | -95 | -3,542 | -1,969 | 141 |
| Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,245 | 5,660 | -454 | -1,429 | 3,213 |
| Creditors | -685 | 2,213 | 3,309 | -659 | 2,222 |
| Accruals and Deferred Income | 0 | 0 | -2,190 | 1,340 | 850 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
open colours painters and decorators ltd Credit Report and Business Information
Open Colours Painters And Decorators Ltd Competitor Analysis
Perform a competitor analysis for open colours painters and decorators ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other undefined companies, companies in SW10 area or any other competitors across 12 key performance metrics.
open colours painters and decorators ltd Ownership
OPEN COLOURS PAINTERS AND DECORATORS LTD group structure
Open Colours Painters And Decorators Ltd has no subsidiary companies.
Ultimate parent company
OPEN COLOURS PAINTERS AND DECORATORS LTD
10611473
open colours painters and decorators ltd directors
Open Colours Painters And Decorators Ltd currently has 1 director, Mr Ilo Petrov serving since Feb 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ilo Petrov | England | 46 years | Feb 2017 | - | Director |
P&L
February 2022turnover
24.9k
-22%
operating profit
-2.6k
0%
gross margin
18.9%
+4.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2022net assets
-2.7k
+26.95%
total assets
3.7k
-0.46%
cash
0
0%
net assets
Total assets minus all liabilities
open colours painters and decorators ltd company details
company number
10611473
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
February 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
February 2022
address
352 fulham road, london, SW10 9UH
accountant
-
auditor
-
open colours painters and decorators 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 open colours painters and decorators ltd.
open colours painters and decorators ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
