Pomanda estimates the enterprise value of SPOT ON CONNECTION LIMITED at £79.3k based on a Turnover of £270.3k and 0.29x industry multiple (adjusted for size and gross margin).
spot on connection limitedEstimated Valuation
£102.9k
Pomanda estimates the enterprise value of SPOT ON CONNECTION LIMITED at £102.9k based on an EBITDA of £36.4k and a 2.83x industry multiple (adjusted for size and gross margin).
spot on connection limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SPOT ON CONNECTION LIMITED at £0 based on Net Assets of £-17.7k and 2.39x industry multiple (adjusted for liquidity).
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Spot On Connection LimitedOverview
Spot On Connection Limited is a live company located in birmingham, B25 8DX with a Companies House number of 12386551. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in January 2020, it's largest shareholder is
zakaria elgalbzori
with a 100% stake. Spot On Connection Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£270.3k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Spot On Connection Limited a 2.5 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
Health Rating2.5out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £270.3k, make it smaller than the average company (£6.1m)
£270.3k - Spot On Connection Limited
£6.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (12.7%)
32% - Spot On Connection Limited
12.7% - Industry AVG
Production
with a gross margin of 10.7%, this company has a higher cost of product (18.2%)
10.7% - Spot On Connection Limited
18.2% - Industry AVG
Profitability
an operating margin of 13.5% make it more profitable than the average company (4.1%)
13.5% - Spot On Connection Limited
4.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (24)
2 - Spot On Connection Limited
24 - Industry AVG
Pay Structure
on an average salary of £40k, the company has an equivalent pay structure (£40k)
£40k - Spot On Connection Limited
£40k - Industry AVG
Efficiency
resulting in sales per employee of £135.1k, this is less efficient (£312.5k)
£135.1k - Spot On Connection Limited
£312.5k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is later than average (27 days)
52 days - Spot On Connection Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 85 days, this is slower than average (24 days)
85 days - Spot On Connection Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Spot On Connection Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Spot On Connection Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 145.4%, this is a higher level of debt than the average (63.9%)
145.4% - Spot On Connection Limited
63.9% - Industry AVG
SPOT ON CONNECTION LIMITED financials
EXPORT
Spot On Connection Limited's latest turnover from January 2024 is estimated at £270.3 thousand and the company has net assets of -£17.7 thousand. According to their latest financial statements, Spot On Connection Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Turnover
270,266
184,596
170,899
118,196
Other Income Or Grants
Cost Of Sales
241,354
165,549
153,668
105,562
Gross Profit
28,912
19,047
17,231
12,634
Admin Expenses
-7,460
28,015
22,877
43,041
Operating Profit
36,372
-8,968
-5,646
-30,407
Interest Payable
Interest Receivable
Pre-Tax Profit
36,372
-8,968
-5,646
-30,407
Tax
-9,093
Profit After Tax
27,279
-8,968
-5,646
-30,407
Dividends Paid
Retained Profit
27,279
-8,968
-5,646
-30,407
Employee Costs
79,992
76,404
72,021
34,000
Number Of Employees
2
2
2
1
EBITDA*
36,372
-8,968
-5,646
-30,407
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
39,109
2,736
6,491
6,559
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
39,109
2,736
6,491
6,559
total assets
39,109
2,736
6,491
6,559
Bank overdraft
Bank loan
Trade Creditors
56,851
47,757
42,544
36,966
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
56,851
47,757
42,544
36,966
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
56,851
47,757
42,544
36,966
net assets
-17,742
-45,021
-36,053
-30,407
total shareholders funds
-17,742
-45,021
-36,053
-30,407
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Operating Activities
Operating Profit
36,372
-8,968
-5,646
-30,407
Depreciation
Amortisation
Tax
-9,093
Stock
Debtors
36,373
-3,755
-68
6,559
Creditors
9,094
5,213
5,578
36,966
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
spot on connection limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for spot on connection limited. Get real-time insights into spot on connection limited's credit score, group structure and payment trends.
Perform a competitor analysis for spot on connection limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in B25 area or any other competitors across 12 key performance metrics.
spot on connection limited Ownership
SPOT ON CONNECTION LIMITED group structure
Spot On Connection Limited has no subsidiary companies.
Ultimate parent company
SPOT ON CONNECTION LIMITED
12386551
SPOT ON CONNECTION LIMITED Shareholders
The sole shareholder of Spot On Connection Limited is Zakaria Elgalbzori.
zakaria elgalbzori
100%
spot on connection limited directors
Spot On Connection Limited currently has 1 director, Mr Abdelhai Elgalbzori serving since Jan 2025.
45112 - Sale of used cars and light motor vehicles
52290 - Other transportation support activities
incorporation date
January 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
spot on housing limited (July 2023)
accountant
-
auditor
-
address
11 deakins road, haymills, birmingham, B25 8DX
Bank
-
Legal Advisor
-
spot on connection 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 spot on connection limited.
spot on connection 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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spot on connection limitedCompanies House Filings - See Documents
