changing times ltd
changing times ltd Company Information
Company Number
11790994
Website
-Registered Address
22 giffin way, sawbridgeworth, hertfordshire, CM21 0DW
Industry
Management consultancy activities (other than financial management)
Telephone
-
Next Accounts Due
October 2025
Group Structure
View All
Directors
Julia Reeves5 Years
Shareholders
julia carole reeves 100%
changing times ltd Estimated Valuation
Pomanda estimates the enterprise value of CHANGING TIMES LTD at £30.5k based on a Turnover of £51.9k and 0.59x industry multiple (adjusted for size and gross margin).
changing times ltd Estimated Valuation
Pomanda estimates the enterprise value of CHANGING TIMES LTD at £0 based on an EBITDA of £-22.3k and a 4.39x industry multiple (adjusted for size and gross margin).
changing times ltd Estimated Valuation
Pomanda estimates the enterprise value of CHANGING TIMES LTD at £103.2k based on Net Assets of £118.3k and 0.87x industry multiple (adjusted for liquidity).
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Changing Times Ltd Overview
Changing Times Ltd is a live company located in hertfordshire, CM21 0DW with a Companies House number of 11790994. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in January 2019, it's largest shareholder is julia carole reeves with a 100% stake. Changing Times Ltd is a young, micro sized company, Pomanda has estimated its turnover at £51.9k with declining growth in recent years.
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Changing Times Ltd Health Check
Pomanda's financial health check has awarded Changing Times Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
5 Weak
Size
annual sales of £51.9k, make it smaller than the average company (£184.1k)
- Changing Times Ltd
£184.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (8.8%)
- Changing Times Ltd
8.8% - Industry AVG
Production
with a gross margin of 58.8%, this company has a comparable cost of product (58.8%)
- Changing Times Ltd
58.8% - Industry AVG
Profitability
an operating margin of -43.6% make it less profitable than the average company (10.2%)
- Changing Times Ltd
10.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (2)
1 - Changing Times Ltd
2 - Industry AVG
Pay Structure
on an average salary of £35.5k, the company has an equivalent pay structure (£35.5k)
- Changing Times Ltd
£35.5k - Industry AVG
Efficiency
resulting in sales per employee of £51.9k, this is less efficient (£98.6k)
- Changing Times Ltd
£98.6k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is near the average (71 days)
- Changing Times Ltd
71 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is close to average (27 days)
- Changing Times Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Changing Times Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 210 weeks, this is more cash available to meet short term requirements (30 weeks)
210 weeks - Changing Times Ltd
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.6%, this is a lower level of debt than the average (51.2%)
9.6% - Changing Times Ltd
51.2% - Industry AVG
CHANGING TIMES LTD financials
Changing Times Ltd's latest turnover from January 2024 is estimated at £51.9 thousand and the company has net assets of £118.3 thousand. According to their latest financial statements, Changing Times Ltd has 1 employee and maintains cash reserves of £50.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 266 | 271 | 666 | 1,062 | 374 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 266 | 271 | 666 | 1,062 | 374 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 8,638 | 18,716 | 53,822 | 18,792 | 12,294 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 71,226 | 11,030 | 2,024 | 1,981 | 0 |
| Cash | 50,662 | 123,005 | 164,636 | 121,513 | 122,584 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 130,526 | 152,751 | 220,482 | 142,286 | 134,878 |
| total assets | 130,792 | 153,022 | 221,148 | 143,348 | 135,252 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,581 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 10,957 | 16,500 | 49,880 | 58,999 | 65,500 |
| total current liabilities | 12,538 | 16,500 | 49,880 | 58,999 | 65,500 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 12,538 | 16,500 | 49,880 | 58,999 | 65,500 |
| net assets | 118,254 | 136,522 | 171,268 | 84,349 | 69,752 |
| total shareholders funds | 118,254 | 136,522 | 171,268 | 84,349 | 69,752 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 338 | 395 | 396 | 396 | 125 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 50,118 | -26,100 | 35,073 | 8,479 | 12,294 |
| Creditors | 1,581 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -5,543 | -33,380 | -9,119 | -6,501 | 65,500 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -72,343 | -41,631 | 43,123 | -1,071 | 122,584 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -72,343 | -41,631 | 43,123 | -1,071 | 122,584 |
changing times ltd Credit Report and Business Information
Changing Times Ltd Competitor Analysis
Perform a competitor analysis for changing times ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in CM21 area or any other competitors across 12 key performance metrics.
changing times ltd Ownership
CHANGING TIMES LTD group structure
Changing Times Ltd has no subsidiary companies.
Ultimate parent company
CHANGING TIMES LTD
11790994
changing times ltd directors
Changing Times Ltd currently has 1 director, Mrs Julia Reeves serving since Jan 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Julia Reeves | England | 44 years | Jan 2019 | - | Director |
P&L
January 2024turnover
51.9k
-46%
operating profit
-22.6k
0%
gross margin
58.9%
+4.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
118.3k
-0.13%
total assets
130.8k
-0.15%
cash
50.7k
-0.59%
net assets
Total assets minus all liabilities
Similar Companies
changing times ltd company details
company number
11790994
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
January 2019
age
5
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
January 2024
address
22 giffin way, sawbridgeworth, hertfordshire, CM21 0DW
accountant
ASHLEY JAMES LIMITED
auditor
-
changing times 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 changing times ltd.
changing times ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
