background group ltd
background group ltd Company Information
Company Number
11086102
Next Accounts
Sep 2025
Shareholders
louis barry hyams
james brian rule
View AllGroup Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
netil house unit 206, westgate street, london, E8 3RL
Website
backcheckgroup.combackground group ltd Estimated Valuation
Pomanda estimates the enterprise value of BACKGROUND GROUP LTD at £268k based on a Turnover of £297.6k and 0.9x industry multiple (adjusted for size and gross margin).
background group ltd Estimated Valuation
Pomanda estimates the enterprise value of BACKGROUND GROUP LTD at £0 based on an EBITDA of £-109k and a 3.5x industry multiple (adjusted for size and gross margin).
background group ltd Estimated Valuation
Pomanda estimates the enterprise value of BACKGROUND GROUP LTD at £65.7k based on Net Assets of £50k and 1.31x industry multiple (adjusted for liquidity).
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Background Group Ltd Overview
Background Group Ltd is a live company located in london, E8 3RL with a Companies House number of 11086102. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in November 2017, it's largest shareholder is louis barry hyams with a 40% stake. Background Group Ltd is a young, micro sized company, Pomanda has estimated its turnover at £297.6k with rapid growth in recent years.
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Background Group Ltd Health Check
Pomanda's financial health check has awarded Background Group Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £297.6k, make it smaller than the average company (£18.9m)
- Background Group Ltd
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 278%, show it is growing at a faster rate (10.6%)
- Background Group Ltd
10.6% - Industry AVG
Production
with a gross margin of 21.4%, this company has a higher cost of product (36.3%)
- Background Group Ltd
36.3% - Industry AVG
Profitability
an operating margin of -36.6% make it less profitable than the average company (4.5%)
- Background Group Ltd
4.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (105)
1 - Background Group Ltd
105 - Industry AVG
Pay Structure
on an average salary of £44.7k, the company has an equivalent pay structure (£44.7k)
- Background Group Ltd
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £297.6k, this is more efficient (£191.6k)
- Background Group Ltd
£191.6k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is later than average (45 days)
- Background Group Ltd
45 days - Industry AVG
Creditor Days
its suppliers are paid after 326 days, this is slower than average (44 days)
- Background Group Ltd
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Background Group Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 56 weeks, this is more cash available to meet short term requirements (14 weeks)
56 weeks - Background Group Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.7%, this is a higher level of debt than the average (69.6%)
81.7% - Background Group Ltd
69.6% - Industry AVG
BACKGROUND GROUP LTD financials
Background Group Ltd's latest turnover from December 2023 is estimated at £297.6 thousand and the company has net assets of £50 thousand. According to their latest financial statements, Background Group Ltd has 1 employee and maintains cash reserves of £227.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | Nov 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 | 1 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 300 | 300 | 367 | 367 | 367 | 367 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 300 | 300 | 367 | 367 | 367 | 367 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 45,254 | 250,833 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 531,966 | 336,712 | 360,006 | 360,006 |
| Misc Debtors | 0 | 0 | 300 | 300 | 300 | 300 |
| Cash | 227,299 | 18,809 | 224,482 | 148,984 | 2,000 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 272,553 | 269,642 | 756,748 | 485,996 | 362,306 | 360,306 |
| total assets | 272,853 | 269,942 | 757,115 | 486,363 | 362,673 | 360,673 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 208,916 | 96,724 | 1,150 | 1,900 | 16,735 | 2,520 |
| Group/Directors Accounts | 0 | 0 | 25,826 | 74,626 | 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 | 116,689 | 14,160 | 0 | 1,200 |
| total current liabilities | 208,916 | 96,724 | 143,665 | 90,686 | 16,735 | 3,720 |
| loans | 0 | 0 | 36,451 | 40,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 13,946 | 20,651 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 13,946 | 20,651 | 36,451 | 40,000 | 0 | 0 |
| total liabilities | 222,862 | 117,375 | 180,116 | 130,686 | 16,735 | 3,720 |
| net assets | 49,991 | 152,567 | 576,999 | 355,677 | 345,938 | 356,953 |
| total shareholders funds | 49,991 | 152,567 | 576,999 | 355,677 | 345,938 | 356,953 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -205,579 | -281,433 | 195,254 | -23,294 | 0 | 360,306 |
| Creditors | 112,192 | 95,574 | -750 | -14,835 | 14,215 | 2,520 |
| Accruals and Deferred Income | 0 | -116,689 | 102,529 | 14,160 | -1,200 | 1,200 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | -67 | 0 | 0 | 0 | 367 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -25,826 | -48,800 | 74,626 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -36,451 | -3,549 | 40,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -6,705 | 20,651 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 208,490 | -205,673 | 75,498 | 146,984 | 2,000 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 208,490 | -205,673 | 75,498 | 146,984 | 2,000 | 0 |
background group ltd Credit Report and Business Information
Background Group Ltd Competitor Analysis
Perform a competitor analysis for background group ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in E 8 area or any other competitors across 12 key performance metrics.
background group ltd Ownership
BACKGROUND GROUP LTD group structure
Background Group Ltd has 3 subsidiary companies.
Ultimate parent company
BACKGROUND GROUP LTD
11086102
3 subsidiaries
background group ltd directors
Background Group Ltd currently has 3 directors. The longest serving directors include Mr James Rule (Nov 2017) and Mr Louis Hyams (Nov 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Rule | England | 40 years | Nov 2017 | - | Director |
| Mr Louis Hyams | United Kingdom | 39 years | Nov 2017 | - | Director |
| Ms Charlotte Campbell | England | 40 years | May 2022 | - | Director |
P&L
December 2023turnover
297.6k
-48%
operating profit
-109k
0%
gross margin
21.5%
+1.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
50k
-0.67%
total assets
272.9k
+0.01%
cash
227.3k
+11.08%
net assets
Total assets minus all liabilities
background group ltd company details
company number
11086102
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
November 2017
age
8
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
netil house unit 206, westgate street, london, E8 3RL
Bank
-
Legal Advisor
-
background group 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 background group ltd.
background group 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.
Click to start generating capital raising & share issue transactions for BACKGROUND GROUP LTD. This can take several minutes, an email will notify you when this has completed.
background group ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
