earth cubs ltd
earth cubs ltd Company Information
Company Number
11900069
Website
-Registered Address
broom cottage chillies lane, crowborough, TN6 3TB
Industry
Ready-made interactive leisure and entertainment software development
Video production activities
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
mr peter tait 34.7%
mr toby christopher john hunt 34.7%
View Allearth cubs ltd Estimated Valuation
Pomanda estimates the enterprise value of EARTH CUBS LTD at £265k based on a Turnover of £462.6k and 0.57x industry multiple (adjusted for size and gross margin).
earth cubs ltd Estimated Valuation
Pomanda estimates the enterprise value of EARTH CUBS LTD at £0 based on an EBITDA of £-490.4k and a 3.35x industry multiple (adjusted for size and gross margin).
earth cubs ltd Estimated Valuation
Pomanda estimates the enterprise value of EARTH CUBS LTD at £0 based on Net Assets of £-1.5m and 1.74x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Earth Cubs Ltd Overview
Earth Cubs Ltd is a live company located in crowborough, TN6 3TB with a Companies House number of 11900069. It operates in the publishing of computer games sector, SIC Code 58210. Founded in March 2019, it's largest shareholder is mr peter tait with a 34.7% stake. Earth Cubs Ltd is a young, micro sized company, Pomanda has estimated its turnover at £462.6k with rapid growth in recent years.
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Earth Cubs Ltd Health Check
Pomanda's financial health check has awarded Earth Cubs Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £462.6k, make it smaller than the average company (£6.5m)
- Earth Cubs Ltd
£6.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (15%)
- Earth Cubs Ltd
15% - Industry AVG
Production
with a gross margin of 48.1%, this company has a comparable cost of product (48.1%)
- Earth Cubs Ltd
48.1% - Industry AVG
Profitability
an operating margin of -107.1% make it less profitable than the average company (6%)
- Earth Cubs Ltd
6% - Industry AVG
Employees
with 8 employees, this is below the industry average (38)
8 - Earth Cubs Ltd
38 - Industry AVG
Pay Structure
on an average salary of £48k, the company has an equivalent pay structure (£48k)
- Earth Cubs Ltd
£48k - Industry AVG
Efficiency
resulting in sales per employee of £57.8k, this is less efficient (£135.6k)
- Earth Cubs Ltd
£135.6k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (32 days)
- Earth Cubs Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is slower than average (27 days)
- Earth Cubs Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Earth Cubs Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (39 weeks)
0 weeks - Earth Cubs Ltd
39 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1817.1%, this is a higher level of debt than the average (46.5%)
1817.1% - Earth Cubs Ltd
46.5% - Industry AVG
EARTH CUBS LTD financials
Earth Cubs Ltd's latest turnover from March 2023 is estimated at £462.6 thousand and the company has net assets of -£1.5 million. According to their latest financial statements, Earth Cubs Ltd has 8 employees and maintains cash reserves of £8.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | 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 | 8 | 7 | 5 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Tangible Assets | 6,035 | 4,663 | 4,832 | 4,730 |
| Intangible Assets | 34,047 | 19,845 | 316 | 353 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 40,082 | 24,508 | 5,148 | 5,083 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 21,000 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 14,662 | 25,689 | 9,155 | 8,851 |
| Cash | 8,748 | 5,639 | 18,029 | 34,962 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 44,410 | 31,328 | 27,184 | 43,813 |
| total assets | 84,492 | 55,836 | 32,332 | 48,896 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 20,619 | 49,084 | 24,324 | 1,954 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 638,080 | 321,695 | 113,404 | 18,600 |
| total current liabilities | 658,699 | 370,779 | 137,728 | 20,554 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 876,629 | 835,624 | 614,502 | 225,000 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 876,629 | 835,624 | 614,502 | 225,000 |
| total liabilities | 1,535,328 | 1,206,403 | 752,230 | 245,554 |
| net assets | -1,450,836 | -1,150,567 | -719,898 | -196,658 |
| total shareholders funds | -1,450,836 | -1,150,567 | -719,898 | -196,658 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 1,836 | 1,506 | 1,274 | 386 |
| Amortisation | 3,303 | 1,700 | 37 | 17 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 9,973 | 16,534 | 304 | 8,851 |
| Creditors | -28,465 | 24,760 | 22,370 | 1,954 |
| Accruals and Deferred Income | 316,385 | 208,291 | 94,804 | 18,600 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 41,005 | 221,122 | 389,502 | 225,000 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 3,109 | -12,390 | -16,933 | 34,962 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 3,109 | -12,390 | -16,933 | 34,962 |
earth cubs ltd Credit Report and Business Information
Earth Cubs Ltd Competitor Analysis
Perform a competitor analysis for earth cubs ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in TN6 area or any other competitors across 12 key performance metrics.
earth cubs ltd Ownership
EARTH CUBS LTD group structure
Earth Cubs Ltd has no subsidiary companies.
Ultimate parent company
EARTH CUBS LTD
11900069
earth cubs ltd directors
Earth Cubs Ltd currently has 3 directors. The longest serving directors include Mr Toby Hunt (Mar 2019) and Mr Peter Tait (Mar 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Toby Hunt | England | 44 years | Mar 2019 | - | Director |
| Mr Peter Tait | England | 32 years | Mar 2019 | - | Director |
| Mr Jon Lawton | England | 45 years | Mar 2021 | - | Director |
P&L
March 2023turnover
462.6k
-32%
operating profit
-495.5k
0%
gross margin
48.1%
+17.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-1.5m
+0.26%
total assets
84.5k
+0.51%
cash
8.7k
+0.55%
net assets
Total assets minus all liabilities
earth cubs ltd company details
company number
11900069
Type
Private limited with Share Capital
industry
62011 - Ready-made interactive leisure and entertainment software development
59112 - Video production activities
85200 - Primary education
incorporation date
March 2019
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
CHADSAN LIMITED
auditor
-
address
broom cottage chillies lane, crowborough, TN6 3TB
Bank
-
Legal Advisor
-
earth cubs 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 found 1 charges/mortgages relating to earth cubs ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
earth cubs ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
