training lounge ltd
training lounge ltd Company Information
Group Structure
View All
Industry
Other education n.e.c.
Registered Address
61c seamoor road, westbourne, bournemouth, dorset, BH4 9AE
Website
-training lounge ltd Estimated Valuation
Pomanda estimates the enterprise value of TRAINING LOUNGE LTD at £18.1k based on a Turnover of £31.9k and 0.57x industry multiple (adjusted for size and gross margin).
training lounge ltd Estimated Valuation
Pomanda estimates the enterprise value of TRAINING LOUNGE LTD at £0 based on an EBITDA of £-8.9k and a 3.06x industry multiple (adjusted for size and gross margin).
training lounge ltd Estimated Valuation
Pomanda estimates the enterprise value of TRAINING LOUNGE LTD at £0 based on Net Assets of £-123.5k and 2.22x industry multiple (adjusted for liquidity).
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Training Lounge Ltd Overview
Training Lounge Ltd is a live company located in bournemouth, BH4 9AE with a Companies House number of 11862744. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in March 2019, it's largest shareholder is olga clapcott with a 100% stake. Training Lounge Ltd is a young, micro sized company, Pomanda has estimated its turnover at £31.9k with low growth in recent years.
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Training Lounge Ltd Health Check
Pomanda's financial health check has awarded Training Lounge Ltd a 1 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
1 Strong
1 Regular
8 Weak
Size
annual sales of £31.9k, make it smaller than the average company (£501k)
- Training Lounge Ltd
£501k - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (6.4%)
- Training Lounge Ltd
6.4% - Industry AVG
Production
with a gross margin of 30.8%, this company has a higher cost of product (56.6%)
- Training Lounge Ltd
56.6% - Industry AVG
Profitability
an operating margin of -38.3% make it less profitable than the average company (4.8%)
- Training Lounge Ltd
4.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
1 - Training Lounge Ltd
12 - Industry AVG
Pay Structure
on an average salary of £29.6k, the company has an equivalent pay structure (£29.6k)
- Training Lounge Ltd
£29.6k - Industry AVG
Efficiency
resulting in sales per employee of £31.9k, this is less efficient (£53.8k)
- Training Lounge Ltd
£53.8k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is later than average (18 days)
- Training Lounge Ltd
18 days - Industry AVG
Creditor Days
its suppliers are paid after 274 days, this is slower than average (24 days)
- Training Lounge Ltd
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Training Lounge Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Training Lounge Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 857.9%, this is a higher level of debt than the average (24.5%)
857.9% - Training Lounge Ltd
24.5% - Industry AVG
TRAINING LOUNGE LTD financials
Training Lounge Ltd's latest turnover from December 2023 is estimated at £31.9 thousand and the company has net assets of -£123.5 thousand. According to their latest financial statements, Training Lounge Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Mar 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Mar 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 13,371 | 16,714 | 9,583 | 0 | 0 |
| 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 | 13,371 | 16,714 | 9,583 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,925 | 1,208 | 4,059 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 100 | 100 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,925 | 1,208 | 4,059 | 100 | 100 |
| total assets | 16,296 | 17,922 | 13,642 | 100 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 16,587 | 8,109 | 609 | 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 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 16,587 | 8,109 | 609 | 0 | 0 |
| 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 | 123,212 | 121,103 | 84,500 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 123,212 | 121,103 | 84,500 | 0 | 0 |
| total liabilities | 139,799 | 129,212 | 85,109 | 0 | 0 |
| net assets | -123,503 | -111,290 | -71,467 | 100 | 100 |
| total shareholders funds | -123,503 | -111,290 | -71,467 | 100 | 100 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Mar 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 3,343 | 4,178 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,717 | -2,851 | 4,059 | 0 | 0 |
| Creditors | 8,478 | 7,500 | 609 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| 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 | 2,109 | 36,603 | 84,500 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | -100 | 100 | 100 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -100 | 100 | 100 |
training lounge ltd Credit Report and Business Information
Training Lounge Ltd Competitor Analysis
Perform a competitor analysis for training lounge ltd by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in BH4 area or any other competitors across 12 key performance metrics.
training lounge ltd Ownership
TRAINING LOUNGE LTD group structure
Training Lounge Ltd has no subsidiary companies.
Ultimate parent company
TRAINING LOUNGE LTD
11862744
training lounge ltd directors
Training Lounge Ltd currently has 1 director, Mrs Olga Clapcott serving since Mar 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Olga Clapcott | England | 42 years | Mar 2019 | - | Director |
P&L
December 2023turnover
31.9k
+41%
operating profit
-12.2k
0%
gross margin
30.8%
+3.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-123.5k
+0.11%
total assets
16.3k
-0.09%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
training lounge ltd company details
company number
11862744
Type
Private limited with Share Capital
industry
85590 - Other education n.e.c.
incorporation date
March 2019
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
nails concession 01 ltd (June 2021)
accountant
-
auditor
-
address
61c seamoor road, westbourne, bournemouth, dorset, BH4 9AE
Bank
-
Legal Advisor
-
training lounge 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 training lounge ltd.
training lounge 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 TRAINING LOUNGE LTD. This can take several minutes, an email will notify you when this has completed.
training lounge ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
