betsetgo limited

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betsetgo limited Company Information

Share BETSETGO LIMITED

Company Number

11576635

Shareholders

james daniel phillips

Group Structure

View All

Industry

Gambling and betting activities

 

Registered Address

22 west green road, london, N15 5NN

Website

-

betsetgo limited Estimated Valuation

£50.3k

Pomanda estimates the enterprise value of BETSETGO LIMITED at £50.3k based on a Turnover of £58.2k and 0.86x industry multiple (adjusted for size and gross margin).

betsetgo limited Estimated Valuation

£0

Pomanda estimates the enterprise value of BETSETGO LIMITED at £0 based on an EBITDA of £-708 and a 3.07x industry multiple (adjusted for size and gross margin).

betsetgo limited Estimated Valuation

£30.3k

Pomanda estimates the enterprise value of BETSETGO LIMITED at £30.3k based on Net Assets of £8.6k and 3.52x industry multiple (adjusted for liquidity).

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Betsetgo Limited Overview

Betsetgo Limited is a live company located in london, N15 5NN with a Companies House number of 11576635. It operates in the gambling and betting activities sector, SIC Code 92000. Founded in September 2018, it's largest shareholder is james daniel phillips with a 100% stake. Betsetgo Limited is a young, micro sized company, Pomanda has estimated its turnover at £58.2k with declining growth in recent years.

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Betsetgo Limited Health Check

Pomanda's financial health check has awarded Betsetgo Limited 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 £58.2k, make it smaller than the average company (£8.3m)

£58.2k - Betsetgo Limited

£8.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (0.7%)

-6% - Betsetgo Limited

0.7% - Industry AVG

production

Production

with a gross margin of 43.9%, this company has a higher cost of product (72.9%)

43.9% - Betsetgo Limited

72.9% - Industry AVG

profitability

Profitability

an operating margin of -1.2% make it less profitable than the average company (14.7%)

-1.2% - Betsetgo Limited

14.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (92)

1 - Betsetgo Limited

92 - Industry AVG

paystructure

Pay Structure

on an average salary of £28.2k, the company has an equivalent pay structure (£28.2k)

£28.2k - Betsetgo Limited

£28.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £58.2k, this is less efficient (£113.5k)

£58.2k - Betsetgo Limited

£113.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 62 days, this is later than average (3 days)

62 days - Betsetgo Limited

3 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 8 days, this is quicker than average (30 days)

8 days - Betsetgo Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Betsetgo Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Betsetgo Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 14.3%, this is a lower level of debt than the average (54.3%)

14.3% - Betsetgo Limited

54.3% - Industry AVG

BETSETGO LIMITED financials

EXPORTms excel logo

Betsetgo Limited's latest turnover from September 2023 is estimated at £58.2 thousand and the company has net assets of £8.6 thousand. According to their latest financial statements, we estimate that Betsetgo Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019
Turnover58,205138,10080,11169,1664,166
Other Income Or Grants
Cost Of Sales32,65684,47950,32732,5692,423
Gross Profit25,54953,62129,78336,5971,743
Admin Expenses26,25749,23633,27625,5451,373
Operating Profit-7084,385-3,49311,052370
Interest Payable
Interest Receivable
Pre-Tax Profit-7084,385-3,49311,052370
Tax-833-2,100-70
Profit After Tax-7083,552-3,4938,952300
Dividends Paid
Retained Profit-7083,552-3,4938,952300
Employee Costs28,24425,50723,52323,62023,080
Number Of Employees11111
EBITDA*-7084,385-3,49311,052370

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019
Tangible Assets8,7116,984
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets8,7116,984
Stock & work in progress
Trade Debtors10,04310,31110,44510,214300
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets10,04310,31110,44510,214300
total assets10,04310,31119,15617,198300
Bank overdraft
Bank loan
Trade Creditors 72012,6777,226
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities72012,6777,226
loans
hp & lease commitments
Accruals and Deferred Income7201,000720720
other liabilities
provisions
total long term liabilities7201,000720720
total liabilities1,4401,00013,3977,946
net assets8,6039,3115,7599,252300
total shareholders funds8,6039,3115,7599,252300
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019
Operating Activities
Operating Profit-7084,385-3,49311,052370
Depreciation
Amortisation
Tax-833-2,100-70
Stock
Debtors-268-1342319,914300
Creditors720-12,6775,4517,226
Accruals and Deferred Income-280280720
Deferred Taxes & Provisions
Cash flow from operations-8,7111,7276,984
Investing Activities
capital expenditure8,711-1,727-6,984
Change in Investments
cash flow from investments8,711-1,727-6,984
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

betsetgo 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 betsetgo limited. Get real-time insights into betsetgo limited's credit score, group structure and payment trends.

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Betsetgo Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for betsetgo limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in N15 area or any other competitors across 12 key performance metrics.

betsetgo limited Ownership

BETSETGO LIMITED group structure

Betsetgo Limited has no subsidiary companies.

Ultimate parent company

1 parent

BETSETGO LIMITED

11576635

BETSETGO LIMITED Shareholders

james daniel phillips 100%

betsetgo limited directors

Betsetgo Limited currently has 1 director, Mr James Phillips serving since Sep 2018.

officercountryagestartendrole
Mr James PhillipsEngland43 years Sep 2018- Director

P&L

September 2023

turnover

58.2k

-58%

operating profit

-708

0%

gross margin

43.9%

+13.05%

turnover

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

Balance Sheet

September 2023

net assets

8.6k

-0.08%

total assets

10k

-0.03%

cash

0

0%

net assets

Total assets minus all liabilities

betsetgo limited company details

company number

11576635

Type

Private limited with Share Capital

industry

92000 - Gambling and betting activities

incorporation date

September 2018

age

7

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

September 2023

previous names

betsquad limited (February 2020)

accountant

-

auditor

-

address

22 west green road, london, N15 5NN

Bank

-

Legal Advisor

-

betsetgo 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 betsetgo limited.

betsetgo 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.

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betsetgo limited Companies House Filings - See Documents

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