core invoicing solutions ltd
core invoicing solutions ltd Company Information
Group Structure
View All
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Registered Address
1st floor, cambridge house, neptune way, rochester, ME2 4NZ
Website
-core invoicing solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of CORE INVOICING SOLUTIONS LTD at £473.8k based on a Turnover of £3.6m and 0.13x industry multiple (adjusted for size and gross margin).
core invoicing solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of CORE INVOICING SOLUTIONS LTD at £0 based on an EBITDA of £-5.3k and a 2.35x industry multiple (adjusted for size and gross margin).
core invoicing solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of CORE INVOICING SOLUTIONS LTD at £179.6k based on Net Assets of £140.5k and 1.28x industry multiple (adjusted for liquidity).
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Core Invoicing Solutions Ltd Overview
Core Invoicing Solutions Ltd is a live company located in rochester, ME2 4NZ with a Companies House number of 10745091. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in April 2017, it's largest shareholder is kevin rice with a 100% stake. Core Invoicing Solutions Ltd is a young, small sized company, Pomanda has estimated its turnover at £3.6m with rapid growth in recent years.
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Core Invoicing Solutions Ltd Health Check
Pomanda's financial health check has awarded Core Invoicing Solutions Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £3.6m, make it smaller than the average company (£6.7m)
- Core Invoicing Solutions Ltd
£6.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 112%, show it is growing at a faster rate (4.2%)
- Core Invoicing Solutions Ltd
4.2% - Industry AVG
Production
with a gross margin of 13.8%, this company has a higher cost of product (25.4%)
- Core Invoicing Solutions Ltd
25.4% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (4.7%)
- Core Invoicing Solutions Ltd
4.7% - Industry AVG
Employees
with 10 employees, this is below the industry average (36)
- Core Invoicing Solutions Ltd
36 - Industry AVG
Pay Structure
on an average salary of £51.7k, the company has an equivalent pay structure (£51.7k)
- Core Invoicing Solutions Ltd
£51.7k - Industry AVG
Efficiency
resulting in sales per employee of £357.1k, this is more efficient (£168.7k)
- Core Invoicing Solutions Ltd
£168.7k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (47 days)
- Core Invoicing Solutions Ltd
47 days - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is slower than average (8 days)
- Core Invoicing Solutions Ltd
8 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Core Invoicing Solutions Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Core Invoicing Solutions Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.1%, this is a higher level of debt than the average (66.6%)
77.1% - Core Invoicing Solutions Ltd
66.6% - Industry AVG
CORE INVOICING SOLUTIONS LTD financials
Core Invoicing Solutions Ltd's latest turnover from April 2023 is estimated at £3.6 million and the company has net assets of £140.5 thousand. According to their latest financial statements, we estimate that Core Invoicing Solutions Ltd has 10 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 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 | 5 | 5 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | 28,154 | |||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 28,154 | |||||
| Stock & work in progress | ||||||
| Trade Debtors | 612,787 | 535,324 | 251,802 | 79,876 | 12,128 | 3,636 |
| Group Debtors | ||||||
| Misc Debtors | 100 | 100 | ||||
| Cash | 55,372 | 63,903 | ||||
| misc current assets | 27,499 | 12,898 | ||||
| total current assets | 612,787 | 535,324 | 251,802 | 79,876 | 95,099 | 80,537 |
| total assets | 612,787 | 535,324 | 251,802 | 79,876 | 123,253 | 80,537 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 439,122 | 389,528 | 174,424 | 31,461 | 94,826 | 47,670 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 26,386 | |||||
| total current liabilities | 439,122 | 389,528 | 174,424 | 31,461 | 94,826 | 74,056 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 33,127 | |||||
| provisions | ||||||
| total long term liabilities | 33,127 | |||||
| total liabilities | 472,249 | 389,528 | 174,424 | 31,461 | 94,826 | 74,056 |
| net assets | 140,538 | 145,796 | 77,378 | 48,415 | 28,427 | 6,481 |
| total shareholders funds | 140,538 | 145,796 | 77,378 | 48,415 | 28,427 | 6,481 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 77,463 | 283,522 | 171,926 | 67,648 | 8,492 | 3,736 |
| Creditors | 49,594 | 215,104 | 142,963 | -63,365 | 47,156 | 47,670 |
| Accruals and Deferred Income | -26,386 | 26,386 | ||||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | -28,154 | 28,154 | ||||
| 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 | 33,127 | |||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -55,372 | -8,531 | 63,903 | |||
| overdraft | ||||||
| change in cash | -55,372 | -8,531 | 63,903 |
core invoicing solutions ltd Credit Report and Business Information
Core Invoicing Solutions Ltd Competitor Analysis
Perform a competitor analysis for core invoicing solutions ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in ME2 area or any other competitors across 12 key performance metrics.
core invoicing solutions ltd Ownership
CORE INVOICING SOLUTIONS LTD group structure
Core Invoicing Solutions Ltd has no subsidiary companies.
Ultimate parent company
CORE INVOICING SOLUTIONS LTD
10745091
core invoicing solutions ltd directors
Core Invoicing Solutions Ltd currently has 1 director, Mr Darren Fields serving since Jul 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Darren Fields | England | 55 years | Jul 2023 | - | Director |
P&L
April 2023turnover
3.6m
+25%
operating profit
-5.3k
0%
gross margin
13.8%
+0.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
140.5k
-0.04%
total assets
612.8k
+0.14%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
core invoicing solutions ltd company details
company number
10745091
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
April 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
cfm cis limited (April 2024)
accountant
-
auditor
-
address
1st floor, cambridge house, neptune way, rochester, ME2 4NZ
Bank
-
Legal Advisor
-
core invoicing 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 did not find charges/mortgages relating to core invoicing solutions ltd.
core invoicing solutions 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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core invoicing solutions ltd Companies House Filings - See Documents
| date | description | view/download |
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