change positions ltd
change positions ltd Company Information
Group Structure
View All
Industry
Other business support service activities n.e.c.
+1Registered Address
s2 fraser house, fraser road, erith, DA8 1QL
Website
-change positions ltd Estimated Valuation
Pomanda estimates the enterprise value of CHANGE POSITIONS LTD at £17.3k based on a Turnover of £43.2k and 0.4x industry multiple (adjusted for size and gross margin).
change positions ltd Estimated Valuation
Pomanda estimates the enterprise value of CHANGE POSITIONS LTD at £0 based on an EBITDA of £-442 and a 3.36x industry multiple (adjusted for size and gross margin).
change positions ltd Estimated Valuation
Pomanda estimates the enterprise value of CHANGE POSITIONS LTD at £0 based on Net Assets of £-17k and 2.66x industry multiple (adjusted for liquidity).
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Change Positions Ltd Overview
Change Positions Ltd is a live company located in erith, DA8 1QL with a Companies House number of 12243796. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2019, it's largest shareholder is joan mclean with a 100% stake. Change Positions Ltd is a young, micro sized company, Pomanda has estimated its turnover at £43.2k with unknown growth in recent years.
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Change Positions Ltd Health Check
Pomanda's financial health check has awarded Change Positions Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £43.2k, make it smaller than the average company (£1.7m)
- Change Positions Ltd
£1.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Change Positions Ltd
- - Industry AVG
Production
with a gross margin of 23.8%, this company has a higher cost of product (58.4%)
- Change Positions Ltd
58.4% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (5.9%)
- Change Positions Ltd
5.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (17)
3 - Change Positions Ltd
17 - Industry AVG
Pay Structure
on an average salary of £34.5k, the company has an equivalent pay structure (£34.5k)
- Change Positions Ltd
£34.5k - Industry AVG
Efficiency
resulting in sales per employee of £14.4k, this is less efficient (£89.2k)
- Change Positions Ltd
£89.2k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (29 days)
- Change Positions Ltd
29 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (22 days)
- Change Positions Ltd
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Change Positions Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Change Positions Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 486.2%, this is a higher level of debt than the average (38.2%)
486.2% - Change Positions Ltd
38.2% - Industry AVG
CHANGE POSITIONS LTD financials
Change Positions Ltd's latest turnover from October 2022 is estimated at £43.2 thousand and the company has net assets of -£17 thousand. According to their latest financial statements, Change Positions Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Oct 2021 | Oct 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 | 3 | 3 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Oct 2021 | Oct 2020 | |
|---|---|---|---|
| Tangible Assets | 4,392 | 4,392 | 4,392 |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 4,392 | 4,392 | 4,392 |
| Stock & work in progress | |||
| Trade Debtors | 1 | 4,243 | 4,953 |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | |||
| misc current assets | |||
| total current assets | 1 | 4,243 | 4,953 |
| total assets | 4,393 | 8,635 | 9,345 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 1,542 | 629 | |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 1,542 | 629 | |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | 19,817 | 24,530 | 25,000 |
| provisions | |||
| total long term liabilities | 19,817 | 24,530 | 25,000 |
| total liabilities | 21,359 | 25,159 | 25,000 |
| net assets | -16,966 | -16,524 | -15,655 |
| total shareholders funds | -16,966 | -16,524 | -15,655 |
| Oct 2022 | Oct 2021 | Oct 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | -4,242 | -710 | 4,953 |
| Creditors | 913 | 629 | |
| Accruals and Deferred Income | |||
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | |||
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | -4,713 | -470 | 25,000 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | |||
| overdraft | |||
| change in cash |
change positions ltd Credit Report and Business Information
Change Positions Ltd Competitor Analysis
Perform a competitor analysis for change positions ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in DA8 area or any other competitors across 12 key performance metrics.
change positions ltd Ownership
CHANGE POSITIONS LTD group structure
Change Positions Ltd has no subsidiary companies.
Ultimate parent company
CHANGE POSITIONS LTD
12243796
change positions ltd directors
Change Positions Ltd currently has 1 director, Mrs Joan McLean serving since Oct 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Joan McLean | England | 60 years | Oct 2019 | - | Director |
P&L
October 2022turnover
43.2k
-15%
operating profit
-442
0%
gross margin
23.9%
-6.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
-17k
+0.03%
total assets
4.4k
-0.49%
cash
0
0%
net assets
Total assets minus all liabilities
change positions ltd company details
company number
12243796
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
88990 - Other social work activities without accommodation n.e.c.
incorporation date
October 2019
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2022
previous names
changing position support services ltd (March 2020)
accountant
-
auditor
-
address
s2 fraser house, fraser road, erith, DA8 1QL
Bank
-
Legal Advisor
-
change positions 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 change positions ltd.
change positions 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 CHANGE POSITIONS LTD. This can take several minutes, an email will notify you when this has completed.
change positions ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
