removals and storage east london ltd

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removals and storage east london ltd Company Information

Share REMOVALS AND STORAGE EAST LONDON LTD

Company Number

11876165

Directors

Peter Crispin

Shareholders

natasha bonita crispin

peter crispin

Group Structure

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Industry

Operation of warehousing and storage facilities for land transport activities of division 49

 +1

Registered Address

sterling house fulbourne road, london, E17 4EE

removals and storage east london ltd Estimated Valuation

£49.9k

Pomanda estimates the enterprise value of REMOVALS AND STORAGE EAST LONDON LTD at £49.9k based on a Turnover of £120.3k and 0.41x industry multiple (adjusted for size and gross margin).

removals and storage east london ltd Estimated Valuation

£133.8k

Pomanda estimates the enterprise value of REMOVALS AND STORAGE EAST LONDON LTD at £133.8k based on an EBITDA of £43.5k and a 3.08x industry multiple (adjusted for size and gross margin).

removals and storage east london ltd Estimated Valuation

£68.4k

Pomanda estimates the enterprise value of REMOVALS AND STORAGE EAST LONDON LTD at £68.4k based on Net Assets of £33.8k and 2.02x industry multiple (adjusted for liquidity).

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Removals And Storage East London Ltd Overview

Removals And Storage East London Ltd is a live company located in london, E17 4EE with a Companies House number of 11876165. It operates in the removal services sector, SIC Code 49420. Founded in March 2019, it's largest shareholder is natasha bonita crispin with a 50% stake. Removals And Storage East London Ltd is a young, micro sized company, Pomanda has estimated its turnover at £120.3k with healthy growth in recent years.

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Removals And Storage East London Ltd Health Check

Pomanda's financial health check has awarded Removals And Storage East London Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £120.3k, make it smaller than the average company (£4.5m)

£120.3k - Removals And Storage East London Ltd

£4.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (10.1%)

7% - Removals And Storage East London Ltd

10.1% - Industry AVG

production

Production

with a gross margin of 38.6%, this company has a comparable cost of product (38.6%)

38.6% - Removals And Storage East London Ltd

38.6% - Industry AVG

profitability

Profitability

an operating margin of 35.4% make it more profitable than the average company (5.2%)

35.4% - Removals And Storage East London Ltd

5.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (28)

1 - Removals And Storage East London Ltd

28 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.5k, the company has an equivalent pay structure (£38.5k)

£38.5k - Removals And Storage East London Ltd

£38.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £120.3k, this is equally as efficient (£114.9k)

£120.3k - Removals And Storage East London Ltd

£114.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 52 days, this is later than average (34 days)

52 days - Removals And Storage East London Ltd

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 22 days, this is quicker than average (31 days)

22 days - Removals And Storage East London Ltd

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Removals And Storage East London Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (12 weeks)

2 weeks - Removals And Storage East London Ltd

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 43.3%, this is a lower level of debt than the average (64.5%)

43.3% - Removals And Storage East London Ltd

64.5% - Industry AVG

REMOVALS AND STORAGE EAST LONDON LTD financials

EXPORTms excel logo

Removals And Storage East London Ltd's latest turnover from March 2024 is estimated at £120.3 thousand and the company has net assets of £33.8 thousand. According to their latest financial statements, Removals And Storage East London Ltd has 1 employee and maintains cash reserves of £1.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Turnover120,314109,63189,26097,567
Other Income Or Grants
Cost Of Sales73,89172,04358,11560,430
Gross Profit46,42337,58831,14537,137
Admin Expenses3,81636,36654,92221,256-14,478
Operating Profit42,6071,222-23,77715,88114,478
Interest Payable
Interest Receivable4119152
Pre-Tax Profit42,6481,241-23,76215,88314,478
Tax-10,662-236-3,018-2,751
Profit After Tax31,9861,005-23,76212,86511,727
Dividends Paid
Retained Profit31,9861,005-23,76212,86511,727
Employee Costs38,50735,40333,63131,309
Number Of Employees1111
EBITDA*43,4821,222-23,77715,88114,478

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Tangible Assets2,625
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,625
Stock & work in progress
Trade Debtors17,16515,25512,851
Group Debtors
Misc Debtors38,56532,20415,964
Cash1,2992466573,300
misc current assets
total current assets57,02915,50113,50835,50415,964
total assets59,65415,50113,50835,50415,964
Bank overdraft
Bank loan
Trade Creditors 4,6011,4401,440
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities21,22212,21611,22810,9024,236
total current liabilities25,82313,65612,66810,9024,236
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities25,82313,65612,66810,9024,236
net assets33,8311,84584024,60211,728
total shareholders funds33,8311,84584024,60211,728
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Operating Activities
Operating Profit42,6071,222-23,77715,88114,478
Depreciation875
Amortisation
Tax-10,662-236-3,018-2,751
Stock
Debtors40,4752,404-19,35316,24015,964
Creditors3,1611,440
Accruals and Deferred Income9,0069883266,6664,236
Deferred Taxes & Provisions
Cash flow from operations4,512-430-2,6583,289-1
Investing Activities
capital expenditure-3,500
Change in Investments
cash flow from investments-3,500
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue91
interest4119152
cash flow from financing411915111
cash and cash equivalents
cash1,053-411-2,6433,300
overdraft
change in cash1,053-411-2,6433,300

removals and storage east london 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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Removals And Storage East London Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for removals and storage east london ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in E17 area or any other competitors across 12 key performance metrics.

removals and storage east london ltd Ownership

REMOVALS AND STORAGE EAST LONDON LTD group structure

Removals And Storage East London Ltd has no subsidiary companies.

Ultimate parent company

REMOVALS AND STORAGE EAST LONDON LTD

11876165

REMOVALS AND STORAGE EAST LONDON LTD Shareholders

natasha bonita crispin 50%
peter crispin 50%

removals and storage east london ltd directors

Removals And Storage East London Ltd currently has 1 director, Mr Peter Crispin serving since Mar 2019.

officercountryagestartendrole
Mr Peter Crispin73 years Mar 2019- Director

P&L

March 2024

turnover

120.3k

+10%

operating profit

42.6k

0%

gross margin

38.6%

+12.54%

turnover

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

Balance Sheet

March 2024

net assets

33.8k

+17.34%

total assets

59.7k

+2.85%

cash

1.3k

+4.28%

net assets

Total assets minus all liabilities

removals and storage east london ltd company details

company number

11876165

Type

Private limited with Share Capital

industry

52103 - Operation of warehousing and storage facilities for land transport activities of division 49

49420 - Removal services

incorporation date

March 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

CHRISTIANSONS LTD

auditor

-

address

sterling house fulbourne road, london, E17 4EE

Bank

-

Legal Advisor

-

removals and storage east london 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 removals and storage east london ltd.

removals and storage east london 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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removals and storage east london ltd Companies House Filings - See Documents

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