elite services & management ltd

elite services & management ltd Company Information

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Company Number

10992957

Industry

Cleaning services (other than disinfecting and extermination services) n.e.c.

 

Directors

Avtar Thandi

Shareholders

avtar singh

Group Structure

View All

Contact

Registered Address

43 regent road, harborne, birmingham, B17 9JU

elite services & management ltd Estimated Valuation

£21.6k

Pomanda estimates the enterprise value of ELITE SERVICES & MANAGEMENT LTD at £21.6k based on a Turnover of £41.4k and 0.52x industry multiple (adjusted for size and gross margin).

elite services & management ltd Estimated Valuation

£255

Pomanda estimates the enterprise value of ELITE SERVICES & MANAGEMENT LTD at £255 based on an EBITDA of £89 and a 2.86x industry multiple (adjusted for size and gross margin).

elite services & management ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ELITE SERVICES & MANAGEMENT LTD at £0 based on Net Assets of £-26.2k and 2.25x industry multiple (adjusted for liquidity).

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Elite Services & Management Ltd Overview

Elite Services & Management Ltd is a live company located in birmingham, B17 9JU with a Companies House number of 10992957. It operates in the other cleaning services sector, SIC Code 81299. Founded in October 2017, it's largest shareholder is avtar singh with a 100% stake. Elite Services & Management Ltd is a young, micro sized company, Pomanda has estimated its turnover at £41.4k with declining growth in recent years.

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Elite Services & Management Ltd Health Check

Pomanda's financial health check has awarded Elite Services & Management 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

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £41.4k, make it smaller than the average company (£173.8k)

£41.4k - Elite Services & Management Ltd

£173.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (7.8%)

-24% - Elite Services & Management Ltd

7.8% - Industry AVG

production

Production

with a gross margin of 21.5%, this company has a higher cost of product (36.4%)

21.5% - Elite Services & Management Ltd

36.4% - Industry AVG

profitability

Profitability

an operating margin of 0.2% make it less profitable than the average company (5.2%)

0.2% - Elite Services & Management Ltd

5.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (10)

1 - Elite Services & Management Ltd

10 - Industry AVG

paystructure

Pay Structure

on an average salary of £15.2k, the company has an equivalent pay structure (£15.2k)

£15.2k - Elite Services & Management Ltd

£15.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £41.4k, this is more efficient (£25.4k)

£41.4k - Elite Services & Management Ltd

£25.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 13 days, this is earlier than average (41 days)

13 days - Elite Services & Management Ltd

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 445 days, this is slower than average (20 days)

445 days - Elite Services & Management Ltd

20 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Elite Services & Management Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Elite Services & Management Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 293.6%, this is a higher level of debt than the average (60%)

293.6% - Elite Services & Management Ltd

60% - Industry AVG

ELITE SERVICES & MANAGEMENT LTD financials

EXPORTms excel logo

Elite Services & Management Ltd's latest turnover from November 2023 is estimated at £41.4 thousand and the company has net assets of -£26.2 thousand. According to their latest financial statements, Elite Services & Management Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018
Turnover41,39961,65281,97894,59752,87865,290
Other Income Or Grants000000
Cost Of Sales32,50850,23371,67077,37143,35752,125
Gross Profit8,89211,41910,30817,2269,52213,166
Admin Expenses8,80317,33515,76826,1348,41620,006
Operating Profit89-5,916-5,460-8,9081,106-6,840
Interest Payable000000
Interest Receivable000000
Pre-Tax Profit89-5,916-5,460-8,9081,106-6,840
Tax-22000-2100
Profit After Tax67-5,916-5,460-8,908896-6,840
Dividends Paid000000
Retained Profit67-5,916-5,460-8,908896-6,840
Employee Costs15,15214,36513,59312,34411,52022,902
Number Of Employees111112
EBITDA*89-5,916-5,460-8,9081,106-6,840

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018
Tangible Assets11,96912,15012,33212,51312,69411,667
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets11,96912,15012,33212,51312,69411,667
Stock & work in progress000000
Trade Debtors1,5463,9409668,2008,4956,179
Group Debtors000000
Misc Debtors000000
Cash000000
misc current assets000000
total current assets1,5463,9409668,2008,4956,179
total assets13,51516,09013,29820,71321,18917,846
Bank overdraft000000
Bank loan000000
Trade Creditors 39,67642,31833,61035,56527,13324,686
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments000000
other current liabilities000000
total current liabilities39,67642,31833,61035,56527,13324,686
loans000000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities000000
provisions000000
total long term liabilities000000
total liabilities39,67642,31833,61035,56527,13324,686
net assets-26,161-26,228-20,312-14,852-5,944-6,840
total shareholders funds-26,161-26,228-20,312-14,852-5,944-6,840
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018
Operating Activities
Operating Profit89-5,916-5,460-8,9081,106-6,840
Depreciation000000
Amortisation000000
Tax-22000-2100
Stock000000
Debtors-2,3942,974-7,234-2952,3166,179
Creditors-2,6428,708-1,9558,4322,44724,686
Accruals and Deferred Income000000
Deferred Taxes & Provisions000000
Cash flow from operations-181-182-181-1811,02711,667
Investing Activities
capital expenditure181182181181-1,027-11,667
Change in Investments000000
cash flow from investments181182181181-1,027-11,667
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue000000
interest000000
cash flow from financing000000
cash and cash equivalents
cash000000
overdraft000000
change in cash000000

elite services & management 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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Elite Services & Management Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for elite services & management ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in B17 area or any other competitors across 12 key performance metrics.

elite services & management ltd Ownership

ELITE SERVICES & MANAGEMENT LTD group structure

Elite Services & Management Ltd has no subsidiary companies.

Ultimate parent company

ELITE SERVICES & MANAGEMENT LTD

10992957

ELITE SERVICES & MANAGEMENT LTD Shareholders

avtar singh 100%

elite services & management ltd directors

Elite Services & Management Ltd currently has 1 director, Mr Avtar Thandi serving since Oct 2017.

officercountryagestartendrole
Mr Avtar ThandiEngland46 years Oct 2017- Director

P&L

November 2023

turnover

41.4k

-33%

operating profit

89.3

0%

gross margin

21.5%

+15.96%

turnover

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

Balance Sheet

November 2023

net assets

-26.2k

0%

total assets

13.5k

-0.16%

cash

0

0%

net assets

Total assets minus all liabilities

elite services & management ltd company details

company number

10992957

Type

Private limited with Share Capital

industry

81299 - Cleaning services (other than disinfecting and extermination services) n.e.c.

incorporation date

October 2017

age

7

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

43 regent road, harborne, birmingham, B17 9JU

Bank

-

Legal Advisor

-

elite services & management 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 elite services & management ltd.

elite services & management 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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elite services & management ltd Companies House Filings - See Documents

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