Pomanda estimates the enterprise value of CHALLENGE FIRST LIMITED at £10.9k based on a Turnover of £32.6k and 0.34x industry multiple (adjusted for size and gross margin).
challenge first limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of CHALLENGE FIRST LIMITED at £0 based on an EBITDA of £0 and a 3.12x industry multiple (adjusted for size and gross margin).
challenge first limitedEstimated Valuation
£8.7k
Pomanda estimates the enterprise value of CHALLENGE FIRST LIMITED at £8.7k based on Net Assets of £4.7k and 1.86x industry multiple (adjusted for liquidity).
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Challenge First LimitedOverview
Challenge First Limited is a live company located in london, E11 1HT with a Companies House number of 14071242. It operates in the agents involved in the sale of a variety of goods sector, SIC Code 46190. Founded in April 2022, it's largest shareholder is
ernestino franz
with a 98% stake. Challenge First Limited is a startup,
micro sized company, Pomanda has estimated its turnover at
£32.6k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Challenge First Limited a 1.5 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 Rating1.5out of 5
1 Strong
2 Regular
5 Weak
Size
annual sales of £32.6k, make it smaller than the average company (£2.9m)
£32.6k - Challenge First Limited
£2.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Challenge First Limited
- - Industry AVG
Production
with a gross margin of 22%, this company has a higher cost of product (37.2%)
22% - Challenge First Limited
37.2% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Challenge First Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (15)
1 - Challenge First Limited
15 - Industry AVG
Pay Structure
on an average salary of £45.7k, the company has an equivalent pay structure (£45.7k)
£45.7k - Challenge First Limited
£45.7k - Industry AVG
Efficiency
resulting in sales per employee of £32.6k, this is less efficient (£213.5k)
£32.6k - Challenge First Limited
£213.5k - Industry AVG
Debtor Days
it gets paid by customers after 112 days, this is later than average (51 days)
112 days - Challenge First Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 76 days, this is slower than average (28 days)
76 days - Challenge First Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Challenge First Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Challenge First Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.4%, this is a similar level of debt than the average (52.4%)
53.4% - Challenge First Limited
52.4% - Industry AVG
CHALLENGE FIRST LIMITED financials
EXPORT
Challenge First Limited's latest turnover from April 2024 is estimated at £32.6 thousand and the company has net assets of £4.7 thousand. According to their latest financial statements, we estimate that Challenge First Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Turnover
32,627
513,519
Other Income Or Grants
Cost Of Sales
25,466
415,056
Gross Profit
7,162
98,463
Admin Expenses
7,162
92,219
Operating Profit
6,244
Interest Payable
Interest Receivable
Pre-Tax Profit
6,244
Tax
-1,561
Profit After Tax
4,683
Dividends Paid
Retained Profit
4,683
Employee Costs
45,705
90,736
Number Of Employees
1
2
EBITDA*
6,244
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
10,044
201,732
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
10,044
201,732
total assets
10,044
201,732
Bank overdraft
Bank loan
Trade Creditors
5,361
1,733
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
5,361
1,733
loans
hp & lease commitments
Accruals and Deferred Income
195,316
other liabilities
provisions
total long term liabilities
195,316
total liabilities
5,361
197,049
net assets
4,683
4,683
total shareholders funds
4,683
4,683
Apr 2024
Apr 2023
Operating Activities
Operating Profit
6,244
Depreciation
Amortisation
Tax
-1,561
Stock
Debtors
-191,688
201,732
Creditors
3,628
1,733
Accruals and Deferred Income
-195,316
195,316
Deferred Taxes & Provisions
Cash flow from operations
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
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
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash
challenge first 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 challenge first limited. Get real-time insights into challenge first limited's credit score, group structure and payment trends.
Perform a competitor analysis for challenge first limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in E11 area or any other competitors across 12 key performance metrics.
challenge first limited Ownership
CHALLENGE FIRST LIMITED group structure
Challenge First Limited has no subsidiary companies.
Ultimate parent company
CHALLENGE FIRST LIMITED
14071242
CHALLENGE FIRST LIMITED Shareholders
The largest shareholders in Challenge First Limited include Ernestino Franz and Aduz Premium Srl.
ernestino franz
98.04%
aduz premium srl
1.96%
challenge first limited directors
Challenge First Limited currently has 1 director, Mr Ernestino Franz serving since Oct 2023.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024
net assets
4.7k
0%
total assets
10k
-0.95%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
Similar companies unavailable for this selection
challenge first limited company details
company number
14071242
Type
Private limited with Share Capital
industry
46190 - Agents involved in the sale of a variety of goods
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
April 2022
age
3
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
forest house business centre, 8 gainsborough road, london, E11 1HT
Bank
-
Legal Advisor
-
challenge first 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 challenge first limited.
challenge first 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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challenge first limitedCompanies House Filings - See Documents
