substantial group limited
substantial group limited Company Information
Company Number
12315611
Website
-Registered Address
unit h the courtyard, tewkesbury business park, tewkesbury, GL20 8GD
Industry
Wired telecommunications activities
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
substantial bidco limited 100%
substantial group limited Estimated Valuation
Pomanda estimates the enterprise value of SUBSTANTIAL GROUP LIMITED at £4.5m based on a Turnover of £5m and 0.89x industry multiple (adjusted for size and gross margin).
substantial group limited Estimated Valuation
Pomanda estimates the enterprise value of SUBSTANTIAL GROUP LIMITED at £0 based on an EBITDA of £-90.3k and a 3.38x industry multiple (adjusted for size and gross margin).
substantial group limited Estimated Valuation
Pomanda estimates the enterprise value of SUBSTANTIAL GROUP LIMITED at £0 based on Net Assets of £-1.5m and 2.7x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Substantial Group Limited Overview
Substantial Group Limited is a live company located in tewkesbury, GL20 8GD with a Companies House number of 12315611. It operates in the wired telecommunications activities sector, SIC Code 61100. Founded in November 2019, it's largest shareholder is substantial bidco limited with a 100% stake. Substantial Group Limited is a young, mid sized company, Pomanda has estimated its turnover at £5m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Substantial Group Limited Health Check
Pomanda's financial health check has awarded Substantial Group 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
3 Regular
6 Weak
Size
annual sales of £5m, make it in line with the average company (£4.4m)
£5m - Substantial Group Limited
£4.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 114%, show it is growing at a faster rate (4.1%)
- Substantial Group Limited
4.1% - Industry AVG
Production
with a gross margin of 38.9%, this company has a comparable cost of product (38.9%)
38.9% - Substantial Group Limited
38.9% - Industry AVG
Profitability
an operating margin of -6% make it less profitable than the average company (1.7%)
-6% - Substantial Group Limited
1.7% - Industry AVG
Employees
with 35 employees, this is below the industry average (70)
35 - Substantial Group Limited
70 - Industry AVG
Pay Structure
on an average salary of £80.7k, the company has a higher pay structure (£50.6k)
£80.7k - Substantial Group Limited
£50.6k - Industry AVG
Efficiency
resulting in sales per employee of £143.4k, this is equally as efficient (£150.6k)
£143.4k - Substantial Group Limited
£150.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Substantial Group Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (54 days)
17 days - Substantial Group Limited
54 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Substantial Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (18 weeks)
4 weeks - Substantial Group Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 125.3%, this is a higher level of debt than the average (69.6%)
125.3% - Substantial Group Limited
69.6% - Industry AVG
SUBSTANTIAL GROUP LIMITED financials
Substantial Group Limited's latest turnover from December 2023 is £5 million and the company has net assets of -£1.5 million. According to their latest financial statements, Substantial Group Limited has 35 employees and maintains cash reserves of £209.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Turnover | 5,018,269 | 3,431,964 | 1,423,709 | |
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | -300,548 | 84,276 | -1,001,198 | |
| Interest Payable | 201,247 | 101,918 | 0 | |
| Interest Receivable | 0 | 0 | 0 | |
| Pre-Tax Profit | -501,795 | -17,642 | -1,001,198 | |
| Tax | 0 | 0 | 0 | |
| Profit After Tax | -501,795 | -17,642 | -1,001,198 | |
| Dividends Paid | 0 | 0 | 0 | |
| Retained Profit | -501,795 | -17,642 | -1,001,198 | |
| Employee Costs | 2,823,716 | 2,255,998 | ||
| Number Of Employees | 35 | 19 | 7 | 1 |
| EBITDA* | -90,349 | 168,475 | -974,670 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | 586,367 | 368,422 | 164,832 | 0 |
| Intangible Assets | 30,611 | 24,300 | 31,393 | 0 |
| Investments & Other | 1,100 | 1,100 | 1,100 | 1,100 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 618,078 | 393,822 | 197,325 | 1,100 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 |
| Group Debtors | 2,857,188 | 2,113,969 | 0 | 743,021 |
| Misc Debtors | 2,155,743 | 4,564,583 | 1,831,644 | 0 |
| Cash | 209,278 | 2,443,513 | 241,829 | 1,789,850 |
| misc current assets | 0 | 9,773 | 0 | 0 |
| total current assets | 5,222,209 | 9,131,838 | 2,073,473 | 2,532,871 |
| total assets | 5,840,287 | 9,525,660 | 2,270,798 | 2,533,971 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 142,996 | 115,505 | 18,336 | 206,716 |
| Group/Directors Accounts | 0 | 5,552,718 | 2,918,502 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 2,171,803 | 731,400 | 292,199 | 118,640 |
| total current liabilities | 2,314,799 | 6,399,623 | 3,229,037 | 325,356 |
| loans | 5,003,164 | 4,101,918 | 0 | 2,165,656 |
| 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 | 5,003,164 | 4,101,918 | 0 | 2,165,656 |
| total liabilities | 7,317,963 | 10,501,541 | 3,229,037 | 2,491,012 |
| net assets | -1,477,676 | -975,881 | -958,239 | 42,959 |
| total shareholders funds | -1,477,676 | -975,881 | -958,239 | 42,959 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -300,548 | 84,276 | -1,001,198 | |
| Depreciation | 203,010 | 77,106 | 22,455 | 0 |
| Amortisation | 7,189 | 7,093 | 4,073 | 0 |
| Tax | 0 | 0 | 0 | |
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -1,665,621 | 4,846,908 | 1,088,623 | 743,021 |
| Creditors | 27,491 | 97,169 | -188,380 | 206,716 |
| Accruals and Deferred Income | 1,440,403 | 439,201 | 173,559 | 118,640 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | 3,043,166 | -4,142,063 | -2,078,114 | |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 1,100 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -5,552,718 | 2,634,216 | 2,918,502 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 901,246 | 4,101,918 | -2,165,656 | 2,165,656 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | -201,247 | -101,918 | 0 | |
| cash flow from financing | -4,852,719 | 6,634,216 | 752,846 | |
| cash and cash equivalents | ||||
| cash | -2,234,235 | 2,201,684 | -1,548,021 | 1,789,850 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -2,234,235 | 2,201,684 | -1,548,021 | 1,789,850 |
substantial group limited Credit Report and Business Information
Substantial Group Limited Competitor Analysis
Perform a competitor analysis for substantial group limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
substantial group limited Ownership
SUBSTANTIAL GROUP LIMITED group structure
Substantial Group Limited has 2 subsidiary companies.
Ultimate parent company
2 parents
SUBSTANTIAL GROUP LIMITED
12315611
2 subsidiaries
substantial group limited directors
Substantial Group Limited currently has 7 directors. The longest serving directors include Mr Jeremy Chelot (Nov 2019) and Mr Jeremy Chelot (Nov 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeremy Chelot | England | 40 years | Nov 2019 | - | Director |
| Mr Jeremy Chelot | 40 years | Nov 2019 | - | Director | |
| Mr Jeremy Chelot | United Kingdom | 40 years | Nov 2019 | - | Director |
| Mr Callum Dick | United Kingdom | 61 years | Oct 2020 | - | Director |
| Mr Walid Fakhry | England | 56 years | Oct 2020 | - | Director |
| Mr Wil Wadsworth | England | 35 years | Oct 2020 | - | Director |
| Mr Abel Schoeman | United Kingdom | 53 years | Jun 2021 | - | Director |
P&L
December 2023turnover
5m
+46%
operating profit
-300.5k
-457%
gross margin
38.9%
-7.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-1.5m
+0.51%
total assets
5.8m
-0.39%
cash
209.3k
-0.91%
net assets
Total assets minus all liabilities
Similar Companies
substantial group limited company details
company number
12315611
Type
Private limited with Share Capital
industry
61100 - Wired telecommunications activities
incorporation date
November 2019
age
5
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
unit h the courtyard, tewkesbury business park, tewkesbury, GL20 8GD
last accounts submitted
December 2023
substantial group 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 6 charges/mortgages relating to substantial group limited. Currently there are 1 open charges and 5 have been satisfied in the past.
substantial group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
