this can happen ltd
this can happen ltd Company Information
Company Number
12290394
Next Accounts
Jul 2025
Shareholders
anthony frederick gideon sinclair
zoe natasha sinclair
Group Structure
View All
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Registered Address
19-20 bourne court, southend road, woodford green, essex, IG8 8HD
Website
thiscanhappenglobal.comthis can happen ltd Estimated Valuation
Pomanda estimates the enterprise value of THIS CAN HAPPEN LTD at £177.7k based on a Turnover of £383.5k and 0.46x industry multiple (adjusted for size and gross margin).
this can happen ltd Estimated Valuation
Pomanda estimates the enterprise value of THIS CAN HAPPEN LTD at £117.1k based on an EBITDA of £35.2k and a 3.33x industry multiple (adjusted for size and gross margin).
this can happen ltd Estimated Valuation
Pomanda estimates the enterprise value of THIS CAN HAPPEN LTD at £0 based on Net Assets of £-91 and 2.3x industry multiple (adjusted for liquidity).
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This Can Happen Ltd Overview
This Can Happen Ltd is a live company located in woodford green, IG8 8HD with a Companies House number of 12290394. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in October 2019, it's largest shareholder is anthony frederick gideon sinclair with a 50% stake. This Can Happen Ltd is a young, micro sized company, Pomanda has estimated its turnover at £383.5k with declining growth in recent years.
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This Can Happen Ltd Health Check
Pomanda's financial health check has awarded This Can Happen Ltd a 3 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
1 Regular
6 Weak
Size
annual sales of £383.5k, make it smaller than the average company (£1.8m)
- This Can Happen Ltd
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (6.2%)
- This Can Happen Ltd
6.2% - Industry AVG
Production
with a gross margin of 23.7%, this company has a higher cost of product (44.1%)
- This Can Happen Ltd
44.1% - Industry AVG
Profitability
an operating margin of 9.2% make it more profitable than the average company (5.7%)
- This Can Happen Ltd
5.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (18)
- This Can Happen Ltd
18 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)
- This Can Happen Ltd
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £191.8k, this is more efficient (£118k)
- This Can Happen Ltd
£118k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- This Can Happen Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 187 days, this is slower than average (33 days)
- This Can Happen Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- This Can Happen Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (28 weeks)
0 weeks - This Can Happen Ltd
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.1%, this is a higher level of debt than the average (52.5%)
100.1% - This Can Happen Ltd
52.5% - Industry AVG
THIS CAN HAPPEN LTD financials
This Can Happen Ltd's latest turnover from October 2023 is estimated at £383.5 thousand and the company has net assets of -£91. According to their latest financial statements, we estimate that This Can Happen Ltd has 2 employees and maintains cash reserves of £600 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 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | |
|---|---|---|---|---|
| Tangible Assets | ||||
| Intangible Assets | ||||
| Investments & Other | 150,000 | 150,000 | 150,000 | 150,000 |
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 150,000 | 150,000 | 150,000 | 150,000 |
| Stock & work in progress | ||||
| Trade Debtors | ||||
| Group Debtors | ||||
| Misc Debtors | ||||
| Cash | 600 | 600 | 100 | 100 |
| misc current assets | ||||
| total current assets | 600 | 600 | 100 | 100 |
| total assets | 150,600 | 150,600 | 150,100 | 150,100 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 150,691 | 177,105 | 150,328 | 150,120 |
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | ||||
| total current liabilities | 150,691 | 177,105 | 150,328 | 150,120 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | ||||
| total liabilities | 150,691 | 177,105 | 150,328 | 150,120 |
| net assets | -91 | -26,505 | -228 | -20 |
| total shareholders funds | -91 | -26,505 | -228 | -20 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | ||||
| Creditors | -26,414 | 26,777 | 208 | 150,120 |
| Accruals and Deferred Income | ||||
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 150,000 | |||
| 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 | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 500 | 100 | ||
| overdraft | ||||
| change in cash | 500 | 100 |
this can happen ltd Credit Report and Business Information
This Can Happen Ltd Competitor Analysis
Perform a competitor analysis for this can happen ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in IG8 area or any other competitors across 12 key performance metrics.
this can happen ltd Ownership
THIS CAN HAPPEN LTD group structure
This Can Happen Ltd has 2 subsidiary companies.
Ultimate parent company
THIS CAN HAPPEN LTD
12290394
2 subsidiaries
this can happen ltd directors
This Can Happen Ltd currently has 2 directors. The longest serving directors include Mr Anthony Sinclair (Oct 2019) and Mrs Zoe Sinclair (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Sinclair | United Kingdom | 55 years | Oct 2019 | - | Director |
| Mrs Zoe Sinclair | United Kingdom | 50 years | Oct 2019 | - | Director |
P&L
October 2023turnover
383.5k
-17%
operating profit
35.2k
0%
gross margin
23.8%
+1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-91
-1%
total assets
150.6k
0%
cash
600
0%
net assets
Total assets minus all liabilities
this can happen ltd company details
company number
12290394
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
October 2019
age
6
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
October 2023
previous names
N/A
accountant
RAFFINGERS LLP
auditor
-
address
19-20 bourne court, southend road, woodford green, essex, IG8 8HD
Bank
-
Legal Advisor
-
this can happen 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 this can happen ltd.
this can happen 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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this can happen ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
