the old well broome, stourbridge, west midlands, DY9 0EZ
Website
-
surface sphere limitedEstimated Valuation
£54k
Pomanda estimates the enterprise value of SURFACE SPHERE LIMITED at £54k based on a Turnover of £108.6k and 0.5x industry multiple (adjusted for size and gross margin).
surface sphere limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SURFACE SPHERE LIMITED at £0 based on an EBITDA of £-12.4k and a 3.83x industry multiple (adjusted for size and gross margin).
surface sphere limitedEstimated Valuation
£300.1k
Pomanda estimates the enterprise value of SURFACE SPHERE LIMITED at £300.1k based on Net Assets of £127.7k and 2.35x industry multiple (adjusted for liquidity).
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Surface Sphere LimitedOverview
Surface Sphere Limited is a live company located in west midlands, DY9 0EZ with a Companies House number of 14006710. It operates in the other human health activities sector, SIC Code 86900. Founded in March 2022, it's largest shareholder is
julie anne jones
with a 48% stake. Surface Sphere Limited is a startup,
micro sized company, Pomanda has estimated its turnover at
£108.6k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Surface Sphere Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
3 Regular
6 Weak
Size
annual sales of £108.6k, make it smaller than the average company (£728.4k)
£108.6k - Surface Sphere Limited
£728.4k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Surface Sphere Limited
- - Industry AVG
Production
with a gross margin of 38.6%, this company has a comparable cost of product (38.6%)
38.6% - Surface Sphere Limited
38.6% - Industry AVG
Profitability
an operating margin of -12.6% make it less profitable than the average company (5.2%)
-12.6% - Surface Sphere Limited
5.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (18)
2 - Surface Sphere Limited
18 - Industry AVG
Pay Structure
on an average salary of £26.5k, the company has an equivalent pay structure (£26.5k)
£26.5k - Surface Sphere Limited
£26.5k - Industry AVG
Efficiency
resulting in sales per employee of £54.3k, this is more efficient (£45.8k)
£54.3k - Surface Sphere Limited
£45.8k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is later than average (20 days)
40 days - Surface Sphere Limited
20 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (18 days)
0 days - Surface Sphere Limited
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Surface Sphere Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 119 weeks, this is average cash available to meet short term requirements (126 weeks)
119 weeks - Surface Sphere Limited
126 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41%, this is a higher level of debt than the average (22.4%)
41% - Surface Sphere Limited
22.4% - Industry AVG
SURFACE SPHERE LIMITED financials
EXPORT
Surface Sphere Limited's latest turnover from March 2024 is estimated at £108.6 thousand and the company has net assets of £127.7 thousand. According to their latest financial statements, Surface Sphere Limited has 2 employees and maintains cash reserves of £201.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Turnover
108,645
75,522
Other Income Or Grants
Cost Of Sales
66,721
47,165
Gross Profit
41,924
28,357
Admin Expenses
55,603
-130,042
Operating Profit
-13,679
158,399
Interest Payable
Interest Receivable
9,959
3,781
Pre-Tax Profit
-3,720
162,180
Tax
-30,814
Profit After Tax
-3,720
131,366
Dividends Paid
Retained Profit
-3,720
131,366
Employee Costs
52,963
50,188
Number Of Employees
2
2
EBITDA*
-12,352
158,399
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Tangible Assets
3,027
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,027
Stock & work in progress
Trade Debtors
12,000
6,350
Group Debtors
Misc Debtors
Cash
201,456
177,950
misc current assets
total current assets
213,456
184,300
total assets
216,483
184,300
Bank overdraft
Bank loan
Trade Creditors
60
359
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
87,958
52,475
total current liabilities
88,018
52,834
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
719
total long term liabilities
719
total liabilities
88,737
52,834
net assets
127,746
131,466
total shareholders funds
127,746
131,466
Mar 2024
Mar 2023
Operating Activities
Operating Profit
-13,679
158,399
Depreciation
1,327
Amortisation
Tax
-30,814
Stock
Debtors
5,650
6,350
Creditors
-299
359
Accruals and Deferred Income
35,483
52,475
Deferred Taxes & Provisions
719
Cash flow from operations
17,901
174,069
Investing Activities
capital expenditure
-4,354
Change in Investments
cash flow from investments
-4,354
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
9,959
3,781
cash flow from financing
9,959
3,881
cash and cash equivalents
cash
23,506
177,950
overdraft
change in cash
23,506
177,950
surface sphere 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 surface sphere limited. Get real-time insights into surface sphere limited's credit score, group structure and payment trends.
Perform a competitor analysis for surface sphere limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in DY9 area or any other competitors across 12 key performance metrics.
surface sphere limited Ownership
SURFACE SPHERE LIMITED group structure
Surface Sphere Limited has no subsidiary companies.
Ultimate parent company
SURFACE SPHERE LIMITED
14006710
SURFACE SPHERE LIMITED Shareholders
The largest shareholders in Surface Sphere Limited include Julie Anne Jones and Nicholas Jones.
julie anne jones
48%
nicholas jones
47%
isabelle amie jones
5%
surface sphere limited directors
Surface Sphere Limited currently has 2 directors.
The longest serving directors include
Mr Nicholas Jones (Mar 2022) and
Mrs Julie Jones (Mar 2022).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024
net assets
127.7k
-0.03%
total assets
216.5k
+0.17%
cash
201.5k
+0.13%
net assets
Total assets minus all liabilities
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surface sphere limited company details
company number
14006710
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
March 2022
age
3
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
ORMEROD RUTTER LIMITED
auditor
-
address
the old well broome, stourbridge, west midlands, DY9 0EZ
Bank
HSBC BANK PLC
Legal Advisor
-
surface sphere 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 surface sphere limited.
surface sphere 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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surface sphere limitedCompanies House Filings - See Documents
