checkboard limited
checkboard limited Company Information
Company Number
12243866
Website
-Registered Address
213 mirror works, 12 marshgate lane, london, E15 2NH
Industry
Other information technology and computer service activities
Telephone
02045668106
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
james owusu-agyemang 33.4%
uresh naik 14.8%
View Allcheckboard limited Estimated Valuation
Pomanda estimates the enterprise value of CHECKBOARD LIMITED at £423.1k based on a Turnover of £607k and 0.7x industry multiple (adjusted for size and gross margin).
checkboard limited Estimated Valuation
Pomanda estimates the enterprise value of CHECKBOARD LIMITED at £0 based on an EBITDA of £-556.8k and a 4.92x industry multiple (adjusted for size and gross margin).
checkboard limited Estimated Valuation
Pomanda estimates the enterprise value of CHECKBOARD LIMITED at £10.5k based on Net Assets of £27.1k and 0.39x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Checkboard Limited Overview
Checkboard Limited is a live company located in london, E15 2NH with a Companies House number of 12243866. It operates in the other information technology service activities sector, SIC Code 62090. Founded in October 2019, it's largest shareholder is james owusu-agyemang with a 33.4% stake. Checkboard Limited is a young, small sized company, Pomanda has estimated its turnover at £607k with high growth in recent years.
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Checkboard Limited Health Check
Pomanda's financial health check has awarded Checkboard Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £607k, make it smaller than the average company (£6.6m)
- Checkboard Limited
£6.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (6.4%)
- Checkboard Limited
6.4% - Industry AVG
Production
with a gross margin of 49.2%, this company has a comparable cost of product (49.2%)
- Checkboard Limited
49.2% - Industry AVG
Profitability
an operating margin of -92% make it less profitable than the average company (3.3%)
- Checkboard Limited
3.3% - Industry AVG
Employees
with 10 employees, this is below the industry average (43)
10 - Checkboard Limited
43 - Industry AVG
Pay Structure
on an average salary of £69.6k, the company has an equivalent pay structure (£69.6k)
- Checkboard Limited
£69.6k - Industry AVG
Efficiency
resulting in sales per employee of £60.7k, this is less efficient (£168k)
- Checkboard Limited
£168k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (55 days)
- Checkboard Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is slower than average (35 days)
- Checkboard Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Checkboard Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 37 weeks, this is more cash available to meet short term requirements (14 weeks)
37 weeks - Checkboard Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.8%, this is a higher level of debt than the average (62.8%)
89.8% - Checkboard Limited
62.8% - Industry AVG
CHECKBOARD LIMITED financials
Checkboard Limited's latest turnover from October 2023 is estimated at £607 thousand and the company has net assets of £27.1 thousand. According to their latest financial statements, Checkboard Limited has 10 employees and maintains cash reserves of £146.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | 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 | 10 | 10 | 8 | 5 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | |
|---|---|---|---|---|
| Tangible Assets | 32,465 | 1,067 | 1,600 | 1,598 |
| Intangible Assets | 2,859 | 3,253 | 3,647 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 35,324 | 4,320 | 5,247 | 1,598 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 5,217 | 517 | 0 | 45 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 79,191 | 6,698 | 13,376 | 3,716 |
| Cash | 146,299 | 196,584 | 71,934 | 6,031 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 230,707 | 203,799 | 85,310 | 9,792 |
| total assets | 266,031 | 208,119 | 90,557 | 11,390 |
| Bank overdraft | 1,150 | 1,784 | 0 | 0 |
| Bank loan | 5,787 | 5,215 | 6,226 | 5,517 |
| Trade Creditors | 33,486 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 50,000 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 163,321 | 45,410 | 23,912 | 14,123 |
| total current liabilities | 203,744 | 52,409 | 30,138 | 69,640 |
| loans | 35,210 | 37,519 | 41,591 | 44,483 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 35,210 | 37,519 | 41,591 | 44,483 |
| total liabilities | 238,954 | 89,928 | 71,729 | 114,123 |
| net assets | 27,077 | 118,191 | 18,828 | -102,733 |
| total shareholders funds | 27,077 | 118,191 | 18,828 | -102,733 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 1,302 | 533 | 580 | 258 |
| Amortisation | 394 | 394 | 296 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 77,193 | -6,161 | 9,615 | 3,761 |
| Creditors | 33,486 | 0 | 0 | 0 |
| Accruals and Deferred Income | 117,911 | 21,498 | 9,789 | 14,123 |
| 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 | 572 | -1,011 | 709 | 5,517 |
| Group/Directors Accounts | 0 | 0 | -50,000 | 50,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | -2,309 | -4,072 | -2,892 | 44,483 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -50,285 | 124,650 | 65,903 | 6,031 |
| overdraft | -634 | 1,784 | 0 | 0 |
| change in cash | -49,651 | 122,866 | 65,903 | 6,031 |
checkboard limited Credit Report and Business Information
Checkboard Limited Competitor Analysis
Perform a competitor analysis for checkboard limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in E15 area or any other competitors across 12 key performance metrics.
checkboard limited Ownership
CHECKBOARD LIMITED group structure
Checkboard Limited has no subsidiary companies.
Ultimate parent company
CHECKBOARD LIMITED
12243866
checkboard limited directors
Checkboard Limited currently has 3 directors. The longest serving directors include Mr James Owusu-Agyemang (Oct 2019) and Mr Yazad Bajina (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Owusu-Agyemang | England | 32 years | Oct 2019 | - | Director |
| Mr Yazad Bajina | England | 25 years | Oct 2020 | - | Director |
| Mr Uresh Naik | United Kingdom | 50 years | Oct 2023 | - | Director |
P&L
October 2023turnover
607k
-2%
operating profit
-558.4k
0%
gross margin
49.2%
-4.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
27.1k
-0.77%
total assets
266k
+0.28%
cash
146.3k
-0.26%
net assets
Total assets minus all liabilities
Similar Companies
checkboard limited company details
company number
12243866
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
October 2019
age
5
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
cubic lease limited (July 2022)
cubase ltd (October 2019)
last accounts submitted
October 2023
address
213 mirror works, 12 marshgate lane, london, E15 2NH
accountant
RPG CROUCH CHAPMAN LLP
auditor
-
checkboard limited 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 2 charges/mortgages relating to checkboard limited. Currently there are 0 open charges and 2 have been satisfied in the past.
checkboard limited Companies House Filings - See Documents
| date | description | view/download |
|---|
