ready made business limited
ready made business limited Company Information
Group Structure
View All
Industry
Data processing, hosting and related activities
Registered Address
31 westminster drive, southport, PR8 2RL
Website
-ready made business limited Estimated Valuation
Pomanda estimates the enterprise value of READY MADE BUSINESS LIMITED at £599.5k based on a Turnover of £767.3k and 0.78x industry multiple (adjusted for size and gross margin).
ready made business limited Estimated Valuation
Pomanda estimates the enterprise value of READY MADE BUSINESS LIMITED at £50.8k based on an EBITDA of £12.9k and a 3.94x industry multiple (adjusted for size and gross margin).
ready made business limited Estimated Valuation
Pomanda estimates the enterprise value of READY MADE BUSINESS LIMITED at £0 based on Net Assets of £-916.2k and 2.39x industry multiple (adjusted for liquidity).
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Ready Made Business Limited Overview
Ready Made Business Limited is a live company located in southport, PR8 2RL with a Companies House number of 12314004. It operates in the data processing, hosting and related activities sector, SIC Code 63110. Founded in November 2019, it's largest shareholder is adam stammers with a 100% stake. Ready Made Business Limited is a young, small sized company, Pomanda has estimated its turnover at £767.3k with unknown growth in recent years.
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Ready Made Business Limited Health Check
Pomanda's financial health check has awarded Ready Made Business Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
6 Weak
Size
annual sales of £767.3k, make it smaller than the average company (£4.9m)
- Ready Made Business Limited
£4.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ready Made Business Limited
- - Industry AVG
Production
with a gross margin of 34.5%, this company has a higher cost of product (60.8%)
- Ready Made Business Limited
60.8% - Industry AVG
Profitability
an operating margin of 1.7% make it less profitable than the average company (6%)
- Ready Made Business Limited
6% - Industry AVG
Employees
with 5 employees, this is below the industry average (34)
5 - Ready Made Business Limited
34 - Industry AVG
Pay Structure
on an average salary of £56k, the company has an equivalent pay structure (£56k)
- Ready Made Business Limited
£56k - Industry AVG
Efficiency
resulting in sales per employee of £153.5k, this is equally as efficient (£139k)
- Ready Made Business Limited
£139k - Industry AVG
Debtor Days
it gets paid by customers after 83 days, this is later than average (53 days)
- Ready Made Business Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 793 days, this is slower than average (36 days)
- Ready Made Business Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ready Made Business Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ready Made Business Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 621.7%, this is a higher level of debt than the average (60.8%)
621.7% - Ready Made Business Limited
60.8% - Industry AVG
READY MADE BUSINESS LIMITED financials
Ready Made Business Limited's latest turnover from November 2021 is estimated at £767.3 thousand and the company has net assets of -£916.2 thousand. According to their latest financial statements, Ready Made Business Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2021 | Nov 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 | 5 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2021 | Nov 2020 | |
|---|---|---|
| Tangible Assets | ||
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | ||
| Stock & work in progress | ||
| Trade Debtors | 175,621 | 5,248 |
| Group Debtors | ||
| Misc Debtors | ||
| Cash | ||
| misc current assets | ||
| total current assets | 175,621 | 5,248 |
| total assets | 175,621 | 5,248 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 1,091,780 | 931,854 |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | ||
| total current liabilities | 1,091,780 | 931,854 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | ||
| total long term liabilities | ||
| total liabilities | 1,091,780 | 931,854 |
| net assets | -916,159 | -926,606 |
| total shareholders funds | -916,159 | -926,606 |
| Nov 2021 | Nov 2020 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | 170,373 | 5,248 |
| Creditors | 159,926 | 931,854 |
| 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 | ||
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | ||
| overdraft | ||
| change in cash |
ready made business limited Credit Report and Business Information
Ready Made Business Limited Competitor Analysis
Perform a competitor analysis for ready made business limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in PR8 area or any other competitors across 12 key performance metrics.
ready made business limited Ownership
READY MADE BUSINESS LIMITED group structure
Ready Made Business Limited has no subsidiary companies.
Ultimate parent company
READY MADE BUSINESS LIMITED
12314004
ready made business limited directors
Ready Made Business Limited currently has 1 director, Miss Anecy Semley serving since Mar 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Anecy Semley | England | 34 years | Mar 2023 | - | Director |
P&L
November 2021turnover
767.3k
+164%
operating profit
12.9k
0%
gross margin
34.6%
+4.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2021net assets
-916.2k
-0.01%
total assets
175.6k
+32.46%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
ready made business limited company details
company number
12314004
Type
Private limited with Share Capital
industry
63110 - Data processing, hosting and related activities
incorporation date
November 2019
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2021
previous names
N/A
accountant
-
auditor
-
address
31 westminster drive, southport, PR8 2RL
Bank
-
Legal Advisor
-
ready made business 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 did not find charges/mortgages relating to ready made business limited.
ready made business limited 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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ready made business limited Companies House Filings - See Documents
| date | description | view/download |
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