Pomanda estimates the enterprise value of THREAD INNOVATION LIMITED at £84.3k based on a Turnover of £109k and 0.77x industry multiple (adjusted for size and gross margin).
thread innovation limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of THREAD INNOVATION LIMITED at £0 based on an EBITDA of £-863k and a 5.04x industry multiple (adjusted for size and gross margin).
thread innovation limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of THREAD INNOVATION LIMITED at £0 based on Net Assets of £-1.1m and 1.76x industry multiple (adjusted for liquidity).
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Thread Innovation LimitedOverview
Thread Innovation Limited is a live company located in london, W1F 9EE with a Companies House number of 13510974. It operates in the advertising agencies sector, SIC Code 73110. Founded in July 2021, it's largest shareholder is
m&c saatchi worldwide limited
with a 100% stake. Thread Innovation Limited is a startup,
micro sized company, Pomanda has estimated its turnover at
£109k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Thread Innovation Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
1 Regular
5 Weak
Size
annual sales of £109k, make it smaller than the average company (£10m)
£109k - Thread Innovation Limited
£10m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Thread Innovation Limited
- - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (43.5%)
100% - Thread Innovation Limited
43.5% - Industry AVG
Profitability
an operating margin of -791.7% make it less profitable than the average company (5.2%)
-791.7% - Thread Innovation Limited
5.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (44)
3 - Thread Innovation Limited
44 - Industry AVG
Pay Structure
on an average salary of £66k, the company has an equivalent pay structure (£66k)
£66k - Thread Innovation Limited
£66k - Industry AVG
Efficiency
resulting in sales per employee of £36.3k, this is less efficient (£186.4k)
£36.3k - Thread Innovation Limited
£186.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Thread Innovation Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Thread Innovation Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Thread Innovation Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Thread Innovation Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 569.7%, this is a higher level of debt than the average (68.2%)
569.7% - Thread Innovation Limited
68.2% - Industry AVG
THREAD INNOVATION LIMITED financials
EXPORT
Thread Innovation Limited's latest turnover from December 2023 is £109 thousand and the company has net assets of -£1.1 million. According to their latest financial statements, Thread Innovation Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Turnover
109,000
296,000
Other Income Or Grants
Cost Of Sales
Gross Profit
109,000
296,000
Admin Expenses
972,000
666,000
96,000
Operating Profit
-863,000
-370,000
-96,000
Interest Payable
58,000
19,000
Interest Receivable
Pre-Tax Profit
-921,000
-389,000
-96,000
Tax
233,000
74,000
Profit After Tax
-688,000
-315,000
-96,000
Dividends Paid
Retained Profit
-688,000
-315,000
-96,000
Employee Costs
197,960
129,999
127,553
Number Of Employees
3
2
2
EBITDA*
-863,000
-370,000
-96,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
10,000
Group Debtors
16,000
19,000
Misc Debtors
218,000
107,000
Cash
173,000
misc current assets
total current assets
234,000
309,000
total assets
234,000
309,000
Bank overdraft
Bank loan
Trade Creditors
26,000
Group/Directors Accounts
1,184,000
47,000
96,000
other short term finances
600,000
hp & lease commitments
other current liabilities
149,000
47,000
total current liabilities
1,333,000
720,000
96,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
1,333,000
720,000
96,000
net assets
-1,099,000
-411,000
-96,000
total shareholders funds
-1,099,000
-411,000
-96,000
Dec 2023
Dec 2022
Dec 2021
Operating Activities
Operating Profit
-863,000
-370,000
-96,000
Depreciation
Amortisation
Tax
233,000
74,000
Stock
Debtors
98,000
136,000
Creditors
-26,000
26,000
Accruals and Deferred Income
102,000
47,000
Deferred Taxes & Provisions
Cash flow from operations
-652,000
-359,000
-96,000
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
1,137,000
-49,000
96,000
Other Short Term Loans
-600,000
600,000
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
-58,000
-19,000
cash flow from financing
479,000
532,000
96,000
cash and cash equivalents
cash
-173,000
173,000
overdraft
change in cash
-173,000
173,000
thread innovation 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 thread innovation limited. Get real-time insights into thread innovation limited's credit score, group structure and payment trends.
Perform a competitor analysis for thread innovation limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in W1F area or any other competitors across 12 key performance metrics.
thread innovation limited Ownership
THREAD INNOVATION LIMITED group structure
Thread Innovation Limited has no subsidiary companies.
The sole shareholder of Thread Innovation Limited is M&C Saatchi Worldwide Limited.
m&c saatchi worldwide limited
100%
thread innovation limited directors
Thread Innovation Limited currently has 2 directors.
The longest serving directors include
Mr Zaid Al-Qassab (Jun 2024) and
Mr Simon Fuller (Jul 2024).
m&c saatchi digital ventures limited (December 2021)
accountant
-
auditor
-
address
36 golden square, london, W1F 9EE
Bank
-
Legal Advisor
-
thread innovation 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 thread innovation limited.
thread innovation 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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thread innovation limitedCompanies House Filings - See Documents
