improveasy (services) ltd
improveasy (services) ltd Company Information
Company Number
13976673
Next Accounts
Dec 2024
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Shareholders
tlc future group limited
chris antrobus
Group Structure
View All
Contact
Registered Address
station house stamford new road, altrincham, cheshire, WA14 1EP
Website
-improveasy (services) ltd Estimated Valuation
Pomanda estimates the enterprise value of IMPROVEASY (SERVICES) LTD at £235k based on a Turnover of £398.1k and 0.59x industry multiple (adjusted for size and gross margin).
improveasy (services) ltd Estimated Valuation
Pomanda estimates the enterprise value of IMPROVEASY (SERVICES) LTD at £0 based on an EBITDA of £-250.6k and a 4.3x industry multiple (adjusted for size and gross margin).
improveasy (services) ltd Estimated Valuation
Pomanda estimates the enterprise value of IMPROVEASY (SERVICES) LTD at £0 based on Net Assets of £-249.3k and 2.22x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Improveasy (services) Ltd Overview
Improveasy (services) Ltd is a live company located in cheshire, WA14 1EP with a Companies House number of 13976673. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in March 2022, it's largest shareholder is tlc future group limited with a 85% stake. Improveasy (services) Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £398.1k with unknown growth in recent years.
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Improveasy (services) Ltd Health Check
Pomanda's financial health check has awarded Improveasy (Services) Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £398.1k, make it smaller than the average company (£1.6m)
- Improveasy (services) Ltd
£1.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Improveasy (services) Ltd
- - Industry AVG
Production
with a gross margin of 44.7%, this company has a comparable cost of product (44.7%)
- Improveasy (services) Ltd
44.7% - Industry AVG
Profitability
an operating margin of -62.9% make it less profitable than the average company (6.4%)
- Improveasy (services) Ltd
6.4% - Industry AVG
Employees
with 11 employees, this is below the industry average (15)
11 - Improveasy (services) Ltd
15 - Industry AVG
Pay Structure
on an average salary of £47.1k, the company has an equivalent pay structure (£47.1k)
- Improveasy (services) Ltd
£47.1k - Industry AVG
Efficiency
resulting in sales per employee of £36.2k, this is less efficient (£111.1k)
- Improveasy (services) Ltd
£111.1k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (57 days)
- Improveasy (services) Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (33 days)
- Improveasy (services) Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Improveasy (services) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (33 weeks)
8 weeks - Improveasy (services) Ltd
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 349.7%, this is a higher level of debt than the average (52%)
349.7% - Improveasy (services) Ltd
52% - Industry AVG
IMPROVEASY (SERVICES) LTD financials
Improveasy (Services) Ltd's latest turnover from March 2023 is estimated at £398.1 thousand and the company has net assets of -£249.3 thousand. According to their latest financial statements, Improveasy (Services) Ltd has 11 employees and maintains cash reserves of £56.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | |
|---|---|
| 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 | 11 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 0 |
| Stock & work in progress | 0 |
| Trade Debtors | 2,380 |
| Group Debtors | 0 |
| Misc Debtors | 41,190 |
| Cash | 56,276 |
| misc current assets | 0 |
| total current assets | 99,846 |
| total assets | 99,846 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 3,540 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 345,618 |
| total current liabilities | 349,158 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 349,158 |
| net assets | -249,312 |
| total shareholders funds | -249,312 |
| Mar 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 43,570 |
| Creditors | 3,540 |
| Accruals and Deferred Income | 345,618 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 56,276 |
| overdraft | 0 |
| change in cash | 56,276 |
improveasy (services) ltd Credit Report and Business Information
Improveasy (services) Ltd Competitor Analysis
Perform a competitor analysis for improveasy (services) ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WA14 area or any other competitors across 12 key performance metrics.
improveasy (services) ltd Ownership
IMPROVEASY (SERVICES) LTD group structure
Improveasy (Services) Ltd has no subsidiary companies.
improveasy (services) ltd directors
Improveasy (Services) Ltd currently has 4 directors. The longest serving directors include Mr Austin Barcley (Mar 2022) and Mr Chris Antrobus (Aug 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Austin Barcley | England | 51 years | Mar 2022 | - | Director |
| Mr Chris Antrobus | England | 45 years | Aug 2023 | - | Director |
| Mr Robert Ward | England | 71 years | Oct 2024 | - | Director |
| Mr Michael Flynn | United Kingdom | 43 years | Oct 2024 | - | Director |
P&L
March 2023turnover
398.1k
0%
operating profit
-250.6k
0%
gross margin
44.7%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-249.3k
0%
total assets
99.8k
0%
cash
56.3k
0%
net assets
Total assets minus all liabilities
Similar Companies
improveasy (services) ltd company details
company number
13976673
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
March 2022
age
2
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
N/A
accountant
XEINADIN AUDIT LIMITED
auditor
-
address
station house stamford new road, altrincham, cheshire, WA14 1EP
Bank
-
Legal Advisor
-
improveasy (services) 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 found 1 charges/mortgages relating to improveasy (services) ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
improveasy (services) 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 IMPROVEASY (SERVICES) LTD. This can take several minutes, an email will notify you when this has completed.
improveasy (services) ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
