Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
130 old street, london, EC1V 9BD
Website
-
coinrapid limitedEstimated Valuation
£960
Pomanda estimates the enterprise value of COINRAPID LIMITED at £960 based on a Turnover of £1.3k and 0.74x industry multiple (adjusted for size and gross margin).
coinrapid limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of COINRAPID LIMITED at £0 based on an EBITDA of £-1.2k and a 2.69x industry multiple (adjusted for size and gross margin).
coinrapid limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of COINRAPID LIMITED at £0 based on Net Assets of £-303 and 1.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Coinrapid LimitedOverview
Coinrapid Limited is a dissolved company that was located in london, EC1V 9BD with a Companies House number of 10871497. It operated in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in July 2017, it's largest shareholder was
farooq hassan
with a 100% stake. The last turnover for Coinrapid Limited was estimated at £1.3k.
Pomanda's financial health check has awarded Coinrapid Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating0.5out of 5
0 Strong
2 Regular
7 Weak
Size
annual sales of £1.3k, make it smaller than the average company (£3.6m)
£1.3k - Coinrapid Limited
£3.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Coinrapid Limited
- - Industry AVG
Production
with a gross margin of 18.1%, this company has a higher cost of product (58.6%)
18.1% - Coinrapid Limited
58.6% - Industry AVG
Profitability
an operating margin of -92.3% make it less profitable than the average company (10.6%)
-92.3% - Coinrapid Limited
10.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
1 - Coinrapid Limited
12 - Industry AVG
Pay Structure
on an average salary of £70.5k, the company has an equivalent pay structure (£70.5k)
£70.5k - Coinrapid Limited
£70.5k - Industry AVG
Efficiency
resulting in sales per employee of £1.3k, this is less efficient (£198.5k)
£1.3k - Coinrapid Limited
£198.5k - Industry AVG
Debtor Days
it gets paid by customers after 135 days, this is later than average (37 days)
135 days - Coinrapid Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is close to average (45 days)
45 days - Coinrapid Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Coinrapid Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Coinrapid Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 163.1%, this is a higher level of debt than the average (67%)
163.1% - Coinrapid Limited
67% - Industry AVG
COINRAPID LIMITED financials
EXPORT
Coinrapid Limited's latest turnover from July 2019 is estimated at £1.3 thousand and the company has net assets of -£303. According to their latest financial statements, we estimate that Coinrapid Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2019
Jul 2018
Turnover
1,295
10,486
Other Income Or Grants
Cost Of Sales
1,061
8,269
Gross Profit
234
2,216
Admin Expenses
1,430
1,114
Operating Profit
-1,196
1,102
Interest Payable
Interest Receivable
Pre-Tax Profit
-1,196
1,102
Tax
-209
Profit After Tax
-1,196
893
Dividends Paid
Retained Profit
-1,196
893
Employee Costs
70,485
67,433
Number Of Employees
1
1
EBITDA*
-1,196
1,102
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2019
Jul 2018
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
480
3,602
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
480
3,602
total assets
480
3,602
Bank overdraft
Bank loan
Trade Creditors
133
1,509
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
133
1,509
loans
hp & lease commitments
Accruals and Deferred Income
650
1,200
other liabilities
provisions
total long term liabilities
650
1,200
total liabilities
783
2,709
net assets
-303
893
total shareholders funds
-303
893
Jul 2019
Jul 2018
Operating Activities
Operating Profit
-1,196
1,102
Depreciation
Amortisation
Tax
-209
Stock
Debtors
-3,122
3,602
Creditors
-1,376
1,509
Accruals and Deferred Income
-550
1,200
Deferred Taxes & Provisions
Cash flow from operations
Investing Activities
capital expenditure
Change in Investments
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
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash
coinrapid limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for coinrapid limited. Get real-time insights into coinrapid limited's credit score, group structure and payment trends.
Perform a competitor analysis for coinrapid limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in EC1V area or any other competitors across 12 key performance metrics.
coinrapid limited Ownership
COINRAPID LIMITED group structure
Coinrapid Limited has no subsidiary companies.
Ultimate parent company
COINRAPID LIMITED
10871497
COINRAPID LIMITED Shareholders
The sole shareholder of Coinrapid Limited is Farooq Hassan.
farooq hassan
100%
coinrapid limited directors
Coinrapid Limited currently has 2 directors.
The longest serving directors include
Mr Farooq Hassan (Jul 2017) and
Miss Maryna Shabanova (Sep 2019).
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
July 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
July 2019
previous names
N/A
accountant
-
auditor
-
address
130 old street, london, EC1V 9BD
Bank
-
Legal Advisor
-
coinrapid limited 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 coinrapid limited.
coinrapid limited 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.
Click to start generating capital raising & share issue transactions for COINRAPID LIMITED. This can take several minutes, an email will notify you when this has completed.
coinrapid limitedCompanies House Filings - See Documents
