future careers ltd
future careers ltd Company Information
Company Number
10849072
Website
futuregroup.jobsRegistered Address
grosvenor house, 11 st pauls square, birmingham, west midlands, B3 1RB
Industry
Post-graduate level higher education
Educational support activities
Telephone
01213395045
Next Accounts Due
April 2025
Group Structure
View All
Directors
San Kaur6 Years
Shareholders
san kaur 100%
future careers ltd Estimated Valuation
Pomanda estimates the enterprise value of FUTURE CAREERS LTD at £82.3k based on a Turnover of £193.9k and 0.42x industry multiple (adjusted for size and gross margin).
future careers ltd Estimated Valuation
Pomanda estimates the enterprise value of FUTURE CAREERS LTD at £0 based on an EBITDA of £-261.7k and a 2.41x industry multiple (adjusted for size and gross margin).
future careers ltd Estimated Valuation
Pomanda estimates the enterprise value of FUTURE CAREERS LTD at £386.7k based on Net Assets of £180.1k and 2.15x industry multiple (adjusted for liquidity).
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Future Careers Ltd Overview
Future Careers Ltd is a live company located in birmingham, B3 1RB with a Companies House number of 10849072. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in July 2017, it's largest shareholder is san kaur with a 100% stake. Future Careers Ltd is a young, micro sized company, Pomanda has estimated its turnover at £193.9k with healthy growth in recent years.
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Future Careers Ltd Health Check
Pomanda's financial health check has awarded Future Careers Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
5 Weak
Size
annual sales of £193.9k, make it smaller than the average company (£2.8m)
- Future Careers Ltd
£2.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (4.8%)
- Future Careers Ltd
4.8% - Industry AVG
Production
with a gross margin of 21%, this company has a higher cost of product (50.5%)
- Future Careers Ltd
50.5% - Industry AVG
Profitability
an operating margin of -134.9% make it less profitable than the average company (4.7%)
- Future Careers Ltd
4.7% - Industry AVG
Employees
with 4 employees, this is below the industry average (32)
4 - Future Careers Ltd
32 - Industry AVG
Pay Structure
on an average salary of £39.3k, the company has an equivalent pay structure (£39.3k)
- Future Careers Ltd
£39.3k - Industry AVG
Efficiency
resulting in sales per employee of £48.5k, this is less efficient (£99.5k)
- Future Careers Ltd
£99.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Future Careers Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Future Careers Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Future Careers Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Future Careers Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.3%, this is a similar level of debt than the average (45.5%)
45.3% - Future Careers Ltd
45.5% - Industry AVG
FUTURE CAREERS LTD financials
Future Careers Ltd's latest turnover from July 2023 is estimated at £193.9 thousand and the company has net assets of £180.1 thousand. According to their latest financial statements, Future Careers Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 86,689 | 152,403 | 244,022 | |||
| Other Income Or Grants | 0 | 70,976 | 0 | |||
| Cost Of Sales | 0 | 7,000 | 0 | |||
| Gross Profit | 86,689 | 216,379 | 244,022 | |||
| Admin Expenses | 127,291 | 193,750 | 259,071 | |||
| Operating Profit | -40,602 | 22,629 | -15,049 | |||
| Interest Payable | 0 | 0 | 0 | |||
| Interest Receivable | 0 | 12 | 2 | |||
| Pre-Tax Profit | -40,602 | 22,641 | -15,047 | |||
| Tax | 0 | -4,302 | 0 | |||
| Profit After Tax | -40,602 | 18,339 | -15,047 | |||
| Dividends Paid | 0 | 0 | 0 | |||
| Retained Profit | -40,602 | 18,339 | -15,047 | |||
| Employee Costs | ||||||
| Number Of Employees | 4 | 6 | 12 | 15 | 7 | |
| EBITDA* | -40,602 | 22,629 | -15,049 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 329,006 | 546,024 | 18,924 | 12,499 | 12,000 | 220,000 |
| Intangible Assets | 0 | 0 | 543,600 | 543,600 | 543,600 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 329,006 | 546,024 | 562,524 | 556,099 | 555,600 | 220,000 |
| Stock & work in progress | 0 | 0 | 0 | 1,500 | 0 | 0 |
| Trade Debtors | 0 | 2,997 | 14,980 | 30,500 | 1,500 | 123,213 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 108 | 256 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 0 | 2,997 | 15,088 | 32,256 | 1,500 | 123,213 |
| total assets | 329,006 | 549,021 | 577,612 | 588,355 | 557,100 | 343,213 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 5,000 | 0 | 0 | 2,633 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 43,178 | 27,059 | 8,570 | 0 |
| total current liabilities | 0 | 0 | 48,178 | 27,059 | 8,570 | 2,633 |
| loans | 0 | 0 | 50,000 | 50,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 148,859 | 107,178 | 0 | 0 | 13,000 | 20,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 148,859 | 107,178 | 50,000 | 50,000 | 13,000 | 20,000 |
| total liabilities | 148,859 | 107,178 | 98,178 | 77,059 | 21,570 | 22,633 |
| net assets | 180,147 | 441,843 | 479,434 | 511,296 | 535,530 | 320,580 |
| total shareholders funds | 180,147 | 441,843 | 479,434 | 511,296 | 535,530 | 320,580 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -40,602 | 22,629 | -15,049 | |||
| Depreciation | 0 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | |||
| Tax | 0 | -4,302 | 0 | |||
| Stock | 0 | 0 | -1,500 | 1,500 | 0 | 0 |
| Debtors | -2,997 | -11,983 | -15,520 | 29,000 | -121,713 | 123,213 |
| Creditors | 0 | -5,000 | 5,000 | 0 | -2,633 | 2,633 |
| Accruals and Deferred Income | 0 | -43,178 | 16,119 | 18,489 | 8,570 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -2,463 | 6,316 | 112,601 | |||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -50,000 | 0 | 50,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 41,681 | 107,178 | 0 | -13,000 | -7,000 | 20,000 |
| share issue | ||||||
| interest | 0 | 12 | 2 | |||
| cash flow from financing | 8,740 | -5,561 | 222,999 | |||
| cash and cash equivalents | ||||||
| cash | 0 | -108 | -148 | 256 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -108 | -148 | 256 | 0 | 0 |
future careers ltd Credit Report and Business Information
Future Careers Ltd Competitor Analysis
Perform a competitor analysis for future careers ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in B 3 area or any other competitors across 12 key performance metrics.
future careers ltd Ownership
FUTURE CAREERS LTD group structure
Future Careers Ltd has no subsidiary companies.
Ultimate parent company
FUTURE CAREERS LTD
10849072
future careers ltd directors
Future Careers Ltd currently has 1 director, Miss San Kaur serving since Oct 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss San Kaur | United Kingdom | 35 years | Oct 2018 | - | Director |
P&L
July 2023turnover
193.9k
+94%
operating profit
-261.7k
0%
gross margin
21%
+21.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
180.1k
-0.59%
total assets
329k
-0.4%
cash
0
0%
net assets
Total assets minus all liabilities
future careers ltd company details
company number
10849072
Type
Private limited with Share Capital
industry
85422 - Post-graduate level higher education
85600 - Educational support activities
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
July 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
grosvenor house, 11 st pauls square, birmingham, west midlands, B3 1RB
Bank
-
Legal Advisor
-
future careers 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 future careers ltd.
future careers ltd Companies House Filings - See Documents
| date | description | view/download |
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