love2removals ltd

love2removals ltd Company Information

Share LOVE2REMOVALS LTD
Live 
StartupMicro

Company Number

12948799

Industry

Removal services

 

Shareholders

nadeem abbas

muhammad faraz ali butt

Group Structure

View All

Contact

Registered Address

192 sheppey road, dagenham, RM9 4LA

love2removals ltd Estimated Valuation

£13.7k

Pomanda estimates the enterprise value of LOVE2REMOVALS LTD at £13.7k based on a Turnover of £29.2k and 0.47x industry multiple (adjusted for size and gross margin).

love2removals ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of LOVE2REMOVALS LTD at £0 based on an EBITDA of £0 and a 3.29x industry multiple (adjusted for size and gross margin).

love2removals ltd Estimated Valuation

£243

Pomanda estimates the enterprise value of LOVE2REMOVALS LTD at £243 based on Net Assets of £100 and 2.44x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Love2removals Ltd Overview

Love2removals Ltd is a live company located in dagenham, RM9 4LA with a Companies House number of 12948799. It operates in the removal services sector, SIC Code 49420. Founded in October 2020, it's largest shareholder is nadeem abbas with a 50% stake. Love2removals Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £29.2k with unknown growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Love2removals Ltd Health Check

Pomanda's financial health check has awarded Love2Removals Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £29.2k, make it smaller than the average company (£722.8k)

£29.2k - Love2removals Ltd

£722.8k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Love2removals Ltd

- - Industry AVG

production

Production

with a gross margin of 24.2%, this company has a higher cost of product (33%)

24.2% - Love2removals Ltd

33% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Love2removals Ltd

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (13)

1 - Love2removals Ltd

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.5k, the company has an equivalent pay structure (£35.5k)

£35.5k - Love2removals Ltd

£35.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £29.2k, this is less efficient (£89.2k)

£29.2k - Love2removals Ltd

£89.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 1 days, this is earlier than average (21 days)

1 days - Love2removals Ltd

21 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Love2removals Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Love2removals Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Love2removals Ltd

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Love2removals Ltd

- - Industry AVG

LOVE2REMOVALS LTD financials

EXPORTms excel logo

Love2Removals Ltd's latest turnover from October 2023 is estimated at £29.2 thousand and the company has net assets of £100. According to their latest financial statements, Love2Removals Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021
Turnover29,24030,14621,236
Other Income Or Grants000
Cost Of Sales22,17722,71016,403
Gross Profit7,0637,4364,832
Admin Expenses7,0637,4364,709
Operating Profit00123
Interest Payable000
Interest Receivable000
Pre-Tax Profit00123
Tax00-23
Profit After Tax00100
Dividends Paid000
Retained Profit00100
Employee Costs35,53833,51627,162
Number Of Employees111
EBITDA*00123

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021
Tangible Assets000
Intangible Assets000
Investments & Other000
Debtors (Due After 1 year)000
Total Fixed Assets000
Stock & work in progress000
Trade Debtors100100100
Group Debtors000
Misc Debtors000
Cash000
misc current assets000
total current assets100100100
total assets100100100
Bank overdraft000
Bank loan000
Trade Creditors 000
Group/Directors Accounts000
other short term finances000
hp & lease commitments000
other current liabilities000
total current liabilities000
loans000
hp & lease commitments000
Accruals and Deferred Income000
other liabilities000
provisions000
total long term liabilities000
total liabilities000
net assets100100100
total shareholders funds100100100
Oct 2023Oct 2022Oct 2021
Operating Activities
Operating Profit00123
Depreciation000
Amortisation000
Tax00-23
Stock000
Debtors00100
Creditors000
Accruals and Deferred Income000
Deferred Taxes & Provisions000
Cash flow from operations000
Investing Activities
capital expenditure000
Change in Investments000
cash flow from investments000
Financing Activities
Bank loans000
Group/Directors Accounts000
Other Short Term Loans 000
Long term loans000
Hire Purchase and Lease Commitments000
other long term liabilities000
share issue000
interest000
cash flow from financing000
cash and cash equivalents
cash000
overdraft000
change in cash000

love2removals ltd 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 love2removals ltd. Get real-time insights into love2removals ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Love2removals Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for love2removals ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in RM9 area or any other competitors across 12 key performance metrics.

love2removals ltd Ownership

LOVE2REMOVALS LTD group structure

Love2Removals Ltd has no subsidiary companies.

Ultimate parent company

LOVE2REMOVALS LTD

12948799

LOVE2REMOVALS LTD Shareholders

nadeem abbas 50%
muhammad faraz ali butt 50%

love2removals ltd directors

Love2Removals Ltd currently has 2 directors. The longest serving directors include Mr Nadeem Abbas (Oct 2020) and Mr Nadeem Abbas (Oct 2020).

officercountryagestartendrole
Mr Nadeem AbbasEngland42 years Oct 2020- Director
Mr Nadeem AbbasUnited Kingdom42 years Oct 2020- Director

P&L

October 2023

turnover

29.2k

-3%

operating profit

0

0%

gross margin

24.2%

-2.08%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

October 2023

net assets

100

0%

total assets

100

0%

cash

0

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

love2removals ltd company details

company number

12948799

Type

Private limited with Share Capital

industry

49420 - Removal services

incorporation date

October 2020

age

4

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

192 sheppey road, dagenham, RM9 4LA

Bank

-

Legal Advisor

-

love2removals ltd 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 love2removals ltd.

love2removals ltd 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.

Click to start generating capital raising & share issue transactions for LOVE2REMOVALS LTD. This can take several minutes, an email will notify you when this has completed.

love2removals ltd Companies House Filings - See Documents

datedescriptionview/download