exciting projects limited
exciting projects limited Company Information
Company Number
12597824
Website
-Registered Address
416 green lane, ilford, essex, IG3 9JX
Industry
Pre-primary education
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
richelle sophia cook 50%
investments generator limited 50%
exciting projects limited Estimated Valuation
Pomanda estimates the enterprise value of EXCITING PROJECTS LIMITED at £449.5k based on a Turnover of £1.1m and 0.41x industry multiple (adjusted for size and gross margin).
exciting projects limited Estimated Valuation
Pomanda estimates the enterprise value of EXCITING PROJECTS LIMITED at £110.1k based on an EBITDA of £50.8k and a 2.17x industry multiple (adjusted for size and gross margin).
exciting projects limited Estimated Valuation
Pomanda estimates the enterprise value of EXCITING PROJECTS LIMITED at £205.6k based on Net Assets of £104.3k and 1.97x industry multiple (adjusted for liquidity).
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Exciting Projects Limited Overview
Exciting Projects Limited is a live company located in essex, IG3 9JX with a Companies House number of 12597824. It operates in the pre-primary education sector, SIC Code 85100. Founded in May 2020, it's largest shareholder is richelle sophia cook with a 50% stake. Exciting Projects Limited is a startup, small sized company, Pomanda has estimated its turnover at £1.1m with unknown growth in recent years.
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Exciting Projects Limited Health Check
Pomanda's financial health check has awarded Exciting Projects Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £1.1m, make it larger than the average company (£726.2k)
- Exciting Projects Limited
£726.2k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Exciting Projects Limited
- - Industry AVG
Production
with a gross margin of 34.6%, this company has a higher cost of product (43.6%)
- Exciting Projects Limited
43.6% - Industry AVG
Profitability
an operating margin of 4.7% make it less profitable than the average company (7.3%)
- Exciting Projects Limited
7.3% - Industry AVG
Employees
with 14 employees, this is below the industry average (32)
14 - Exciting Projects Limited
32 - Industry AVG
Pay Structure
on an average salary of £21.3k, the company has an equivalent pay structure (£21.3k)
- Exciting Projects Limited
£21.3k - Industry AVG
Efficiency
resulting in sales per employee of £77.9k, this is more efficient (£30.7k)
- Exciting Projects Limited
£30.7k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is later than average (3 days)
- Exciting Projects Limited
3 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (18 days)
- Exciting Projects Limited
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Exciting Projects Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Exciting Projects Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.5%, this is a higher level of debt than the average (19.8%)
48.5% - Exciting Projects Limited
19.8% - Industry AVG
EXCITING PROJECTS LIMITED financials
Exciting Projects Limited's latest turnover from December 2022 is estimated at £1.1 million and the company has net assets of £104.3 thousand. According to their latest financial statements, Exciting Projects Limited has 14 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Turnover | 316,612 | 0 | |
| Other Income Or Grants | 0 | ||
| Cost Of Sales | 0 | ||
| Gross Profit | 0 | ||
| Admin Expenses | 0 | ||
| Operating Profit | 0 | ||
| Interest Payable | 0 | 0 | |
| Interest Receivable | 0 | 0 | |
| Pre-Tax Profit | 63,035 | 0 | |
| Tax | 0 | 0 | |
| Profit After Tax | 63,035 | 0 | |
| Dividends Paid | 0 | 0 | |
| Retained Profit | 63,035 | 0 | |
| Employee Costs | 130,221 | 0 | |
| Number Of Employees | 14 | ||
| EBITDA* | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Tangible Assets | 68,795 | 85,072 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 68,795 | 85,072 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 128,768 | 131,370 | 100 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 4,988 | 4,988 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 133,756 | 136,358 | 100 |
| total assets | 202,551 | 221,430 | 100 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 11,895 | 61,016 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 11,895 | 61,016 | 0 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 6,360 | 4,680 | 0 |
| other liabilities | 80,000 | 92,599 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 86,360 | 97,279 | 0 |
| total liabilities | 98,255 | 158,295 | 0 |
| net assets | 104,296 | 63,135 | 100 |
| total shareholders funds | 104,296 | 63,135 | 100 |
| Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 0 | ||
| Depreciation | 550 | 0 | |
| Amortisation | 0 | 0 | |
| Tax | 0 | 0 | |
| Stock | 0 | 0 | 0 |
| Debtors | -2,602 | 136,258 | 100 |
| Creditors | -49,121 | 61,016 | 0 |
| Accruals and Deferred Income | 1,680 | 4,680 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | -100 | ||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | -12,599 | 92,599 | 0 |
| share issue | |||
| interest | 0 | 0 | |
| cash flow from financing | 92,599 | 100 | |
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
exciting projects limited Credit Report and Business Information
Exciting Projects Limited Competitor Analysis
Perform a competitor analysis for exciting projects limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
exciting projects limited Ownership
EXCITING PROJECTS LIMITED group structure
Exciting Projects Limited has no subsidiary companies.
Ultimate parent company
EXCITING PROJECTS LIMITED
12597824
exciting projects limited directors
Exciting Projects Limited currently has 2 directors. The longest serving directors include Mr Daljit Johal (Sep 2020) and Mrs Richelle Cook (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daljit Johal | England | 51 years | Sep 2020 | - | Director |
| Mrs Richelle Cook | England | 48 years | Sep 2020 | - | Director |
P&L
December 2022turnover
1.1m
+245%
operating profit
50.8k
0%
gross margin
34.7%
+13.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
104.3k
+0.65%
total assets
202.6k
-0.09%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
exciting projects limited company details
company number
12597824
Type
Private limited with Share Capital
industry
85100 - Pre-primary education
incorporation date
May 2020
age
4
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
416 green lane, ilford, essex, IG3 9JX
last accounts submitted
December 2022
exciting projects 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 exciting projects limited.
exciting projects limited Companies House Filings - See Documents
| date | description | view/download |
|---|
