stonebridge payment solutions ltd
stonebridge payment solutions ltd Company Information
Company Number
10744315
Website
http://www.sbgrp.co.ukRegistered Address
5 beauchamp court victors way, barnet, EN5 5TZ
Industry
Other business support service activities n.e.c.
Telephone
442037892490
Next Accounts Due
March 2025
Group Structure
View All
Directors
David O'Sullivan6 Years
Shareholders
david o'sullivan 100%
stonebridge payment solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of STONEBRIDGE PAYMENT SOLUTIONS LTD at £24.6m based on a Turnover of £42m and 0.59x industry multiple (adjusted for size and gross margin).
stonebridge payment solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of STONEBRIDGE PAYMENT SOLUTIONS LTD at £245.7k based on an EBITDA of £54.9k and a 4.48x industry multiple (adjusted for size and gross margin).
stonebridge payment solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of STONEBRIDGE PAYMENT SOLUTIONS LTD at £569.5k based on Net Assets of £222k and 2.57x industry multiple (adjusted for liquidity).
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Stonebridge Payment Solutions Ltd Overview
Stonebridge Payment Solutions Ltd is a live company located in barnet, EN5 5TZ with a Companies House number of 10744315. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 2017, it's largest shareholder is david o'sullivan with a 100% stake. Stonebridge Payment Solutions Ltd is a young, large sized company, Pomanda has estimated its turnover at £42m with healthy growth in recent years.
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Stonebridge Payment Solutions Ltd Health Check
Pomanda's financial health check has awarded Stonebridge Payment Solutions Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
5 Weak
Size
annual sales of £42m, make it larger than the average company (£3.6m)
£42m - Stonebridge Payment Solutions Ltd
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (4.6%)
6% - Stonebridge Payment Solutions Ltd
4.6% - Industry AVG
Production
with a gross margin of 1.3%, this company has a higher cost of product (37.8%)
1.3% - Stonebridge Payment Solutions Ltd
37.8% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (6.2%)
0.1% - Stonebridge Payment Solutions Ltd
6.2% - Industry AVG
Employees
with 58 employees, this is above the industry average (23)
58 - Stonebridge Payment Solutions Ltd
23 - Industry AVG
Pay Structure
on an average salary of £34k, the company has a lower pay structure (£47.6k)
£34k - Stonebridge Payment Solutions Ltd
£47.6k - Industry AVG
Efficiency
resulting in sales per employee of £723.8k, this is more efficient (£151.6k)
£723.8k - Stonebridge Payment Solutions Ltd
£151.6k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (41 days)
9 days - Stonebridge Payment Solutions Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (33 days)
0 days - Stonebridge Payment Solutions Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Stonebridge Payment Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (25 weeks)
10 weeks - Stonebridge Payment Solutions Ltd
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.2%, this is a higher level of debt than the average (61.6%)
91.2% - Stonebridge Payment Solutions Ltd
61.6% - Industry AVG
STONEBRIDGE PAYMENT SOLUTIONS LTD financials
Stonebridge Payment Solutions Ltd's latest turnover from June 2023 is £42 million and the company has net assets of £222 thousand. According to their latest financial statements, Stonebridge Payment Solutions Ltd has 58 employees and maintains cash reserves of £469 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 41,980,163 | 37,322,350 | 43,681,193 | 34,958,473 | 29,694,878 | 10,882,188 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 41,431,350 | 36,778,818 | 43,061,301 | 34,569,392 | 29,147,693 | 10,626,584 |
| Gross Profit | 548,813 | 543,532 | 619,892 | 389,081 | 547,185 | 255,604 |
| Admin Expenses | 581,764 | 364,454 | 421,724 | 261,346 | ||
| Operating Profit | 38,128 | 24,627 | 125,461 | -5,742 | ||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 81,033 | 40,351 | 38,128 | 24,627 | 125,461 | -5,742 |
| Tax | -20,905 | -12,283 | -922 | -6,822 | -32,910 | -2,306 |
| Profit After Tax | 60,128 | 28,068 | 37,206 | 17,805 | 92,551 | -8,048 |
| Dividends Paid | 0 | 0 | 0 | 1,000 | 4,800 | 0 |
| Retained Profit | 60,128 | 28,068 | 37,206 | 16,805 | 87,751 | -8,048 |
| Employee Costs | 1,971,667 | 2,873,297 | 2,828,691 | 2,546,863 | ||
| Number Of Employees | 58 | 83 | 83 | 92 | 462 | 206 |
| EBITDA* | 50,771 | 36,504 | 129,265 | -4,727 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 352 | 806 | 1,174 | 5,003 | 9,005 | 7,114 |
| Intangible Assets | 0 | 1,717 | 10,530 | 19,344 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 352 | 2,523 | 11,704 | 24,347 | 9,005 | 7,114 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,073,029 | 843,672 | 2,722,151 | 1,129,152 | 1,480,609 | 1,089,359 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 988,972 | 731,390 | 1,014,254 | 1,021,436 | 969,832 | 438,197 |
| Cash | 469,011 | 628,664 | 1,500,352 | 2,114,685 | 983,581 | 395,332 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,531,012 | 2,203,726 | 5,236,757 | 4,265,273 | 3,434,022 | 1,922,888 |
| total assets | 2,531,364 | 2,206,249 | 5,248,461 | 4,289,620 | 3,443,027 | 1,930,002 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 33,558 | 128,561 | 734,651 | 148,395 | 195,209 | 129,440 |
| Group/Directors Accounts | 0 | 0 | 0 | 23 | 20 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,275,796 | 1,915,806 | 4,379,996 | 4,044,594 | 3,167,995 | 1,808,510 |
| total current liabilities | 2,309,354 | 2,044,367 | 5,114,647 | 4,193,012 | 3,363,224 | 1,937,950 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,309,354 | 2,044,367 | 5,114,647 | 4,193,012 | 3,363,224 | 1,937,950 |
| net assets | 222,010 | 161,882 | 133,814 | 96,608 | 79,803 | -7,948 |
| total shareholders funds | 222,010 | 161,882 | 133,814 | 96,608 | 79,803 | -7,948 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 38,128 | 24,627 | 125,461 | -5,742 | ||
| Depreciation | 454 | 1,413 | 3,829 | 4,781 | 3,804 | 1,015 |
| Amortisation | 1,717 | 8,813 | 8,814 | 7,096 | 0 | 0 |
| Tax | -20,905 | -12,283 | -922 | -6,822 | -32,910 | -2,306 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 486,939 | -2,161,343 | 1,585,817 | -299,853 | 922,885 | 1,527,556 |
| Creditors | -95,003 | -606,090 | 586,256 | -46,814 | 65,769 | 129,440 |
| Accruals and Deferred Income | 359,990 | -2,464,190 | 335,402 | 876,599 | 1,359,485 | 1,808,510 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -614,310 | 1,159,320 | 598,724 | 403,361 | ||
| Investing Activities | ||||||
| capital expenditure | 0 | 0 | 0 | 0 | -5,695 | -8,129 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -5,695 | -8,129 |
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -23 | 3 | 20 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | -23 | 3 | 20 | 100 |
| cash and cash equivalents | ||||||
| cash | -159,653 | -871,688 | -614,333 | 1,131,104 | 588,249 | 395,332 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -159,653 | -871,688 | -614,333 | 1,131,104 | 588,249 | 395,332 |
stonebridge payment solutions ltd Credit Report and Business Information
Stonebridge Payment Solutions Ltd Competitor Analysis
Perform a competitor analysis for stonebridge payment solutions ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in EN5 area or any other competitors across 12 key performance metrics.
stonebridge payment solutions ltd Ownership
STONEBRIDGE PAYMENT SOLUTIONS LTD group structure
Stonebridge Payment Solutions Ltd has no subsidiary companies.
Ultimate parent company
STONEBRIDGE PAYMENT SOLUTIONS LTD
10744315
stonebridge payment solutions ltd directors
Stonebridge Payment Solutions Ltd currently has 1 director, Mr David O'Sullivan serving since May 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David O'Sullivan | United Kingdom | 48 years | May 2018 | - | Director |
P&L
June 2023turnover
42m
+12%
operating profit
52.7k
0%
gross margin
1.4%
-10.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
222k
+0.37%
total assets
2.5m
+0.15%
cash
469k
-0.25%
net assets
Total assets minus all liabilities
stonebridge payment solutions ltd company details
company number
10744315
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
April 2017
age
7
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2023
previous names
skellig group ltd (July 2017)
accountant
-
auditor
EVANS MOCKLER LIMITED
address
5 beauchamp court victors way, barnet, EN5 5TZ
Bank
-
Legal Advisor
-
stonebridge payment solutions 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 3 charges/mortgages relating to stonebridge payment solutions ltd. Currently there are 2 open charges and 1 have been satisfied in the past.
stonebridge payment solutions ltd Companies House Filings - See Documents
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