reclaim my money limited
reclaim my money limited Company Information
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
jactin house, 24 hood street, ancoats, manchester, M4 6WX
Website
reclaimmymoney.co.ukreclaim my money limited Estimated Valuation
Pomanda estimates the enterprise value of RECLAIM MY MONEY LIMITED at £1m based on a Turnover of £1.9m and 0.56x industry multiple (adjusted for size and gross margin).
reclaim my money limited Estimated Valuation
Pomanda estimates the enterprise value of RECLAIM MY MONEY LIMITED at £855.3k based on an EBITDA of £259k and a 3.3x industry multiple (adjusted for size and gross margin).
reclaim my money limited Estimated Valuation
Pomanda estimates the enterprise value of RECLAIM MY MONEY LIMITED at £0 based on Net Assets of £-372.1k and 2.27x industry multiple (adjusted for liquidity).
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Reclaim My Money Limited Overview
Reclaim My Money Limited is a live company located in manchester, M4 6WX with a Companies House number of 12838621. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in August 2020, it's largest shareholder is michael fuerst with a 100% stake. Reclaim My Money Limited is a young, small sized company, Pomanda has estimated its turnover at £1.9m with unknown growth in recent years.
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Reclaim My Money Limited Health Check
Pomanda's financial health check has awarded Reclaim My Money Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £1.9m, make it larger than the average company (£899.5k)
- Reclaim My Money Limited
£899.5k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Reclaim My Money Limited
- - Industry AVG
Production
with a gross margin of 20.2%, this company has a higher cost of product (41.1%)
- Reclaim My Money Limited
41.1% - Industry AVG
Profitability
an operating margin of 13.9% make it more profitable than the average company (6.3%)
- Reclaim My Money Limited
6.3% - Industry AVG
Employees
with 9 employees, this is below the industry average (14)
9 - Reclaim My Money Limited
14 - Industry AVG
Pay Structure
on an average salary of £30.7k, the company has an equivalent pay structure (£30.7k)
- Reclaim My Money Limited
£30.7k - Industry AVG
Efficiency
resulting in sales per employee of £207.2k, this is more efficient (£87.2k)
- Reclaim My Money Limited
£87.2k - Industry AVG
Debtor Days
it gets paid by customers after 157 days, this is later than average (29 days)
- Reclaim My Money Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (39 days)
- Reclaim My Money Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Reclaim My Money Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Reclaim My Money Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 146%, this is a higher level of debt than the average (44.8%)
146% - Reclaim My Money Limited
44.8% - Industry AVG
RECLAIM MY MONEY LIMITED financials
Reclaim My Money Limited's latest turnover from August 2023 is estimated at £1.9 million and the company has net assets of -£372.1 thousand. According to their latest financial statements, Reclaim My Money Limited has 9 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | |
|---|---|---|---|
| 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 | 9 | 9 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | |
|---|---|---|---|
| Tangible Assets | 4,858 | 6,072 | 4,162 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 4,858 | 6,072 | 4,162 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 803,757 | 769,263 | 165,021 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 803,757 | 769,263 | 165,021 |
| total assets | 808,615 | 775,335 | 169,183 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 16,919 | 18,194 | 1,842 |
| 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 | 16,919 | 18,194 | 1,842 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 1,163,829 | 1,323,500 | 121,000 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 1,163,829 | 1,323,500 | 121,000 |
| total liabilities | 1,180,748 | 1,341,694 | 122,842 |
| net assets | -372,133 | -566,359 | 46,341 |
| total shareholders funds | -372,133 | -566,359 | 46,341 |
| Aug 2023 | Aug 2022 | Aug 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 34,494 | 604,242 | 165,021 |
| Creditors | -1,275 | 16,352 | 1,842 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| 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 | -159,671 | 1,202,500 | 121,000 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
reclaim my money limited Credit Report and Business Information
Reclaim My Money Limited Competitor Analysis
Perform a competitor analysis for reclaim my money limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in M 4 area or any other competitors across 12 key performance metrics.
reclaim my money limited Ownership
RECLAIM MY MONEY LIMITED group structure
Reclaim My Money Limited has no subsidiary companies.
Ultimate parent company
RECLAIM MY MONEY LIMITED
12838621
reclaim my money limited directors
Reclaim My Money Limited currently has 1 director, Mr Michael Fuerst serving since Aug 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Fuerst | England | 58 years | Aug 2021 | - | Director |
P&L
August 2023turnover
1.9m
+9%
operating profit
259k
0%
gross margin
20.2%
+6.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-372.1k
-0.34%
total assets
808.6k
+0.04%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
reclaim my money limited company details
company number
12838621
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
August 2020
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
jactin house, 24 hood street, ancoats, manchester, M4 6WX
Bank
-
Legal Advisor
-
reclaim my money 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 reclaim my money limited.
reclaim my money 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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reclaim my money limited Companies House Filings - See Documents
| date | description | view/download |
|---|
