720 group limited
720 group limited Company Information
Company Number
13367894
Next Accounts
Jan 2025
Industry
Renting and leasing of cars and light motor vehicles
Shareholders
neill ricketts
jenna hawkins
Group Structure
View All
Contact
Registered Address
4th floor llanthony warehouse, the docks, gloucester, gloucestershire, GL1 2EH
Website
-720 group limited Estimated Valuation
Pomanda estimates the enterprise value of 720 GROUP LIMITED at £426.4k based on a Turnover of £572.8k and 0.74x industry multiple (adjusted for size and gross margin).
720 group limited Estimated Valuation
Pomanda estimates the enterprise value of 720 GROUP LIMITED at £5.4k based on an EBITDA of £2k and a 2.69x industry multiple (adjusted for size and gross margin).
720 group limited Estimated Valuation
Pomanda estimates the enterprise value of 720 GROUP LIMITED at £4.4k based on Net Assets of £1.8k and 2.44x industry multiple (adjusted for liquidity).
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720 Group Limited Overview
720 Group Limited is a live company located in gloucester, GL1 2EH with a Companies House number of 13367894. It operates in the renting and leasing of cars and light motor vehicles sector, SIC Code 77110. Founded in April 2021, it's largest shareholder is neill ricketts with a 50% stake. 720 Group Limited is a startup, small sized company, Pomanda has estimated its turnover at £572.8k with unknown growth in recent years.
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720 Group Limited Health Check
Pomanda's financial health check has awarded 720 Group Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 3 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
3 Weak
Size
annual sales of £572.8k, make it smaller than the average company (£11.2m)
- 720 Group Limited
£11.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- 720 Group Limited
- - Industry AVG
Production
with a gross margin of 32.1%, this company has a comparable cost of product (32.1%)
- 720 Group Limited
32.1% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (12.2%)
- 720 Group Limited
12.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (36)
2 - 720 Group Limited
36 - Industry AVG
Pay Structure
on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)
- 720 Group Limited
£40.9k - Industry AVG
Efficiency
resulting in sales per employee of £286.4k, this is equally as efficient (£286.4k)
- 720 Group Limited
£286.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- 720 Group Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- 720 Group Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 720 Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 56 weeks, this is more cash available to meet short term requirements (3 weeks)
56 weeks - 720 Group Limited
3 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.5%, this is a similar level of debt than the average (78.7%)
79.5% - 720 Group Limited
78.7% - Industry AVG
720 GROUP LIMITED financials
720 Group Limited's latest turnover from April 2023 is estimated at £572.8 thousand and the company has net assets of £1.8 thousand. According to their latest financial statements, 720 Group Limited has 2 employees and maintains cash reserves of £7.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | |
|---|---|---|
| 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 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | |
|---|---|---|
| Tangible Assets | 1,240 | 1,653 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 1,240 | 1,653 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 1,593 |
| Cash | 7,656 | 459 |
| misc current assets | 0 | 0 |
| total current assets | 7,656 | 2,052 |
| total assets | 8,896 | 3,705 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 7,073 | 3,214 |
| total current liabilities | 7,073 | 3,214 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 7,073 | 3,214 |
| net assets | 1,823 | 491 |
| total shareholders funds | 1,823 | 491 |
| Apr 2023 | Apr 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 413 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | -1,593 | 1,593 |
| Creditors | 0 | 0 |
| Accruals and Deferred Income | 3,859 | 3,214 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 7,197 | 459 |
| overdraft | 0 | 0 |
| change in cash | 7,197 | 459 |
720 group limited Credit Report and Business Information
720 Group Limited Competitor Analysis
Perform a competitor analysis for 720 group limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in GL1 area or any other competitors across 12 key performance metrics.
720 group limited Ownership
720 GROUP LIMITED group structure
720 Group Limited has no subsidiary companies.
Ultimate parent company
720 GROUP LIMITED
13367894
720 group limited directors
720 Group Limited currently has 2 directors. The longest serving directors include Mr Neill Ricketts (Apr 2021) and Miss Jenna Hawkins (Apr 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neill Ricketts | United Kingdom | 54 years | Apr 2021 | - | Director |
| Miss Jenna Hawkins | United Kingdom | 36 years | Apr 2021 | - | Director |
P&L
April 2023turnover
572.8k
+28%
operating profit
1.6k
0%
gross margin
32.1%
+3.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
1.8k
+2.71%
total assets
8.9k
+1.4%
cash
7.7k
+15.68%
net assets
Total assets minus all liabilities
Similar Companies
720 group limited company details
company number
13367894
Type
Private limited with Share Capital
industry
77110 - Renting and leasing of cars and light motor vehicles
incorporation date
April 2021
age
3
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
4th floor llanthony warehouse, the docks, gloucester, gloucestershire, GL1 2EH
Bank
-
Legal Advisor
-
720 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 did not find charges/mortgages relating to 720 group limited.
720 group 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.
Click to start generating capital raising & share issue transactions for 720 GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
720 group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
