commissionly ltd

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commissionly ltd Company Information

Share COMMISSIONLY LTD

Company Number

11559067

Directors

Ryan Westwood

Martin Baker

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Shareholders

patrick mccarthy

martin baker

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Group Structure

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Industry

Business and domestic software development

 

Registered Address

20-22 wenlock road, london, N1 7GU

commissionly ltd Estimated Valuation

£237.1k

Pomanda estimates the enterprise value of COMMISSIONLY LTD at £237.1k based on a Turnover of £355k and 0.67x industry multiple (adjusted for size and gross margin).

commissionly ltd Estimated Valuation

£11.7k

Pomanda estimates the enterprise value of COMMISSIONLY LTD at £11.7k based on an EBITDA of £2.9k and a 4.07x industry multiple (adjusted for size and gross margin).

commissionly ltd Estimated Valuation

£232.2k

Pomanda estimates the enterprise value of COMMISSIONLY LTD at £232.2k based on Net Assets of £97.7k and 2.38x industry multiple (adjusted for liquidity).

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Commissionly Ltd Overview

Commissionly Ltd is a live company located in london, N1 7GU with a Companies House number of 11559067. It operates in the business and domestic software development sector, SIC Code 62012. Founded in September 2018, it's largest shareholder is patrick mccarthy with a 16.6% stake. Commissionly Ltd is a young, micro sized company, Pomanda has estimated its turnover at £355k with declining growth in recent years.

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Commissionly Ltd Health Check

Pomanda's financial health check has awarded Commissionly Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £355k, make it smaller than the average company (£4.6m)

£355k - Commissionly Ltd

£4.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (12.2%)

-4% - Commissionly Ltd

12.2% - Industry AVG

production

Production

with a gross margin of 41%, this company has a higher cost of product (72.2%)

41% - Commissionly Ltd

72.2% - Industry AVG

profitability

Profitability

an operating margin of 0.8% make it less profitable than the average company (3.9%)

0.8% - Commissionly Ltd

3.9% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (38)

4 - Commissionly Ltd

38 - Industry AVG

paystructure

Pay Structure

on an average salary of £70.5k, the company has an equivalent pay structure (£70.5k)

£70.5k - Commissionly Ltd

£70.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £88.8k, this is less efficient (£128.1k)

£88.8k - Commissionly Ltd

£128.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 124 days, this is later than average (56 days)

124 days - Commissionly Ltd

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 6 days, this is quicker than average (39 days)

6 days - Commissionly Ltd

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Commissionly Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Commissionly Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 21.6%, this is a lower level of debt than the average (59.1%)

21.6% - Commissionly Ltd

59.1% - Industry AVG

COMMISSIONLY LTD financials

EXPORTms excel logo

Commissionly Ltd's latest turnover from September 2024 is estimated at £355 thousand and the company has net assets of £97.7 thousand. According to their latest financial statements, Commissionly Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019
Turnover355,030284,192976,639399,1181,058,733322,090
Other Income Or Grants
Cost Of Sales209,346163,352551,537223,787601,472186,286
Gross Profit145,684120,840425,102175,330457,261135,803
Admin Expenses142,819533,1371,714591,487-41,727-82,618
Operating Profit2,865-412,297423,388-416,157498,988218,421
Interest Payable
Interest Receivable
Pre-Tax Profit2,865-412,297423,388-416,157498,988218,421
Tax-716-80,444-94,808-41,500
Profit After Tax2,149-412,297342,944-416,157404,180176,921
Dividends Paid
Retained Profit2,149-412,297342,944-416,157404,180176,921
Employee Costs282,049267,442252,034236,051223,80159,294
Number Of Employees444441
EBITDA*2,865-412,297423,388-416,157498,988218,421

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019
Tangible Assets3,6668,7059,7256,9251,9421,577
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets3,6668,7059,7256,9251,9421,577
Stock & work in progress
Trade Debtors121,02297,752515,590174,164595,634177,942
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets121,02297,752515,590174,164595,634177,942
total assets124,688106,457525,315181,089597,576179,519
Bank overdraft
Bank loan
Trade Creditors 3,54110,86617,42716,14516,4752,598
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities3,54110,86617,42716,14516,4752,598
loans
hp & lease commitments
Accruals and Deferred Income23,407
other liabilities
provisions
total long term liabilities23,407
total liabilities26,94810,86617,42716,14516,4752,598
net assets97,74095,591507,888164,944581,101176,921
total shareholders funds97,74095,591507,888164,944581,101176,921
Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019
Operating Activities
Operating Profit2,865-412,297423,388-416,157498,988218,421
Depreciation
Amortisation
Tax-716-80,444-94,808-41,500
Stock
Debtors23,270-417,838341,426-421,470417,692177,942
Creditors-7,325-6,5611,282-33013,8772,598
Accruals and Deferred Income23,407
Deferred Taxes & Provisions
Cash flow from operations-5,039-1,0202,8004,9833651,577
Investing Activities
capital expenditure5,0391,020-2,800-4,983-365-1,577
Change in Investments
cash flow from investments5,0391,020-2,800-4,983-365-1,577
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

commissionly 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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Commissionly Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for commissionly ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in N 1 area or any other competitors across 12 key performance metrics.

commissionly ltd Ownership

COMMISSIONLY LTD group structure

Commissionly Ltd has no subsidiary companies.

Ultimate parent company

COMMISSIONLY LTD

11559067

COMMISSIONLY LTD Shareholders

patrick mccarthy 16.62%
martin baker 16.62%
christopher hopkinson 15.74%
michael hajialexandrou 7.78%
john ferrario 7.15%
lars bader 6.09%
james eden 5.38%
marc jones 3.97%
clive beagles 3.49%
james lowen 2.59%

commissionly ltd directors

Commissionly Ltd currently has 3 directors. The longest serving directors include Mr Ryan Westwood (Jan 2025) and Mr Martin Baker (Feb 2025).

officercountryagestartendrole
Mr Ryan Westwood41 years Jan 2025- Director
Mr Martin Baker60 years Feb 2025- Director
Mr Patrick McCarthyEngland53 years Feb 2025- Director

P&L

September 2024

turnover

355k

+25%

operating profit

2.9k

0%

gross margin

41.1%

-3.5%

turnover

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

Balance Sheet

September 2024

net assets

97.7k

+0.02%

total assets

124.7k

+0.17%

cash

0

0%

net assets

Total assets minus all liabilities

commissionly ltd company details

company number

11559067

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

September 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

September 2024

previous names

N/A

accountant

FUSION ACCOUNTANTS LTD

auditor

-

address

20-22 wenlock road, london, N1 7GU

Bank

-

Legal Advisor

-

commissionly 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 commissionly ltd.

commissionly 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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commissionly ltd Companies House Filings - See Documents

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