stretch senior co-invest ltd

Dissolved 

stretch senior co-invest ltd Company Information

Share STRETCH SENIOR CO-INVEST LTD

Company Number

10684677

Shareholders

justin faiz

millgap limited

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Group Structure

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Industry

Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.

 

Registered Address

parker andrews ltd 5th floor, the union building, norwich, NR1 1BY

Website

-

stretch senior co-invest ltd Estimated Valuation

£109.4k

Pomanda estimates the enterprise value of STRETCH SENIOR CO-INVEST LTD at £109.4k based on a Turnover of £109.3k and 1x industry multiple (adjusted for size and gross margin).

stretch senior co-invest ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of STRETCH SENIOR CO-INVEST LTD at £0 based on an EBITDA of £0 and a 3.65x industry multiple (adjusted for size and gross margin).

stretch senior co-invest ltd Estimated Valuation

£125.8k

Pomanda estimates the enterprise value of STRETCH SENIOR CO-INVEST LTD at £125.8k based on Net Assets of £66.6k and 1.89x industry multiple (adjusted for liquidity).

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Stretch Senior Co-invest Ltd Overview

Stretch Senior Co-invest Ltd is a dissolved company that was located in norwich, NR1 1BY with a Companies House number of 10684677. It operated in the other credit granting n.e.c. sector, SIC Code 64929. Founded in March 2017, it's largest shareholder was justin faiz with a 37.5% stake. The last turnover for Stretch Senior Co-invest Ltd was estimated at £109.3k.

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Stretch Senior Co-invest Ltd Health Check

Pomanda's financial health check has awarded Stretch Senior Co-Invest Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £109.3k, make it smaller than the average company (£2.7m)

£109.3k - Stretch Senior Co-invest Ltd

£2.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 45%, show it is growing at a faster rate (4.7%)

45% - Stretch Senior Co-invest Ltd

4.7% - Industry AVG

production

Production

with a gross margin of 38.9%, this company has a higher cost of product (70.4%)

38.9% - Stretch Senior Co-invest Ltd

70.4% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Stretch Senior Co-invest Ltd

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (9)

1 - Stretch Senior Co-invest Ltd

9 - Industry AVG

paystructure

Pay Structure

on an average salary of £57k, the company has an equivalent pay structure (£57k)

£57k - Stretch Senior Co-invest Ltd

£57k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £109.3k, this is less efficient (£338.2k)

£109.3k - Stretch Senior Co-invest Ltd

£338.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (963 days)

0 days - Stretch Senior Co-invest Ltd

963 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2165 days, this is slower than average (23 days)

2165 days - Stretch Senior Co-invest Ltd

23 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Stretch Senior Co-invest Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Stretch Senior Co-invest Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 85.6%, this is a similar level of debt than the average (91%)

85.6% - Stretch Senior Co-invest Ltd

91% - Industry AVG

STRETCH SENIOR CO-INVEST LTD financials

EXPORTms excel logo

Stretch Senior Co-Invest Ltd's latest turnover from March 2021 is estimated at £109.3 thousand and the company has net assets of £66.6 thousand. According to their latest financial statements, we estimate that Stretch Senior Co-Invest Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2021Mar 2020Mar 2019Mar 2018
Turnover109,318159,551103,26835,846
Other Income Or Grants
Cost Of Sales66,82097,28453,68316,894
Gross Profit42,49762,26649,58518,952
Admin Expenses42,49713,81515,88718,940
Operating Profit48,45133,69812
Interest Payable
Interest Receivable
Pre-Tax Profit48,45133,69812
Tax-9,206-6,403-2
Profit After Tax39,24527,29510
Dividends Paid
Retained Profit39,24527,29510
Employee Costs56,97052,38846,880
Number Of Employees1111
EBITDA*48,45133,69812

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2021Mar 2020Mar 2019Mar 2018
Tangible Assets462,933462,933565,144240,307
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets462,933462,933565,144240,307
Stock & work in progress
Trade Debtors10101010
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets10101010
total assets462,943462,943565,154240,317
Bank overdraft
Bank loan
Trade Creditors 396,393396,393537,849240,307
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities396,393396,393537,849240,307
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities396,393396,393537,849240,307
net assets66,55066,55027,30510
total shareholders funds66,55066,55027,30510
Mar 2021Mar 2020Mar 2019Mar 2018
Operating Activities
Operating Profit48,45133,69812
Depreciation
Amortisation
Tax-9,206-6,403-2
Stock
Debtors10
Creditors-141,456297,542240,307
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-102,211324,837240,307
Investing Activities
capital expenditure102,211-324,837-240,307
Change in Investments
cash flow from investments102,211-324,837-240,307
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

stretch senior co-invest ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Stretch Senior Co-invest Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for stretch senior co-invest ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in NR1 area or any other competitors across 12 key performance metrics.

stretch senior co-invest ltd Ownership

STRETCH SENIOR CO-INVEST LTD group structure

Stretch Senior Co-Invest Ltd has no subsidiary companies.

Ultimate parent company

STRETCH SENIOR CO-INVEST LTD

10684677

STRETCH SENIOR CO-INVEST LTD Shareholders

justin faiz 37.5%
millgap limited 37.5%
iorweth antcliff 25%

stretch senior co-invest ltd directors

Stretch Senior Co-Invest Ltd currently has 2 directors. The longest serving directors include Mr Iorweth Antcliff (Mar 2017) and Mr Justin Faiz (Mar 2017).

officercountryagestartendrole
Mr Iorweth Antcliff48 years Mar 2017- Director
Mr Justin FaizEngland47 years Mar 2017- Director

P&L

March 2021

turnover

109.3k

-31%

operating profit

0

0%

gross margin

38.9%

-0.39%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2021

net assets

66.6k

0%

total assets

462.9k

0%

cash

0

0%

net assets

Total assets minus all liabilities

stretch senior co-invest ltd company details

company number

10684677

Type

Private limited with Share Capital

industry

64929 - Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.

incorporation date

March 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2021

previous names

N/A

accountant

-

auditor

-

address

parker andrews ltd 5th floor, the union building, norwich, NR1 1BY

Bank

-

Legal Advisor

-

stretch senior co-invest 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 found 1 charges/mortgages relating to stretch senior co-invest ltd. Currently there are 0 open charges and 1 have been satisfied in the past.

stretch senior co-invest 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.

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stretch senior co-invest ltd Companies House Filings - See Documents

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