the followship ltd
the followship ltd Company Information
Company Number
14094964
Website
-Registered Address
abbey house 51 high street, saffron walden, essex, CB10 1AF
Industry
Management consultancy activities (other than financial management)
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Directors
Gordon Walsh2 Years
Shareholders
gordon walsh 100%
the followship ltd Estimated Valuation
Pomanda estimates the enterprise value of THE FOLLOWSHIP LTD at £57.6k based on a Turnover of £125.4k and 0.46x industry multiple (adjusted for size and gross margin).
the followship ltd Estimated Valuation
Pomanda estimates the enterprise value of THE FOLLOWSHIP LTD at £136.7k based on an EBITDA of £40.3k and a 3.39x industry multiple (adjusted for size and gross margin).
the followship ltd Estimated Valuation
Pomanda estimates the enterprise value of THE FOLLOWSHIP LTD at £69.1k based on Net Assets of £30.2k and 2.29x industry multiple (adjusted for liquidity).
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The Followship Ltd Overview
The Followship Ltd is a live company located in essex, CB10 1AF with a Companies House number of 14094964. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in May 2022, it's largest shareholder is gordon walsh with a 100% stake. The Followship Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £125.4k with unknown growth in recent years.
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The Followship Ltd Health Check
Pomanda's financial health check has awarded The Followship Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £125.4k, make it smaller than the average company (£283k)
- The Followship Ltd
£283k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- The Followship Ltd
- - Industry AVG
Production
with a gross margin of 25.4%, this company has a higher cost of product (54.8%)
- The Followship Ltd
54.8% - Industry AVG
Profitability
an operating margin of 32.2% make it more profitable than the average company (8.3%)
- The Followship Ltd
8.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - The Followship Ltd
3 - Industry AVG
Pay Structure
on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)
- The Followship Ltd
£40.9k - Industry AVG
Efficiency
resulting in sales per employee of £125.4k, this is equally as efficient (£110.2k)
- The Followship Ltd
£110.2k - Industry AVG
Debtor Days
it gets paid by customers after 205 days, this is later than average (71 days)
- The Followship Ltd
71 days - Industry AVG
Creditor Days
its suppliers are paid after 158 days, this is slower than average (27 days)
- The Followship Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Followship Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - The Followship Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.3%, this is a similar level of debt than the average (55.3%)
57.3% - The Followship Ltd
55.3% - Industry AVG
THE FOLLOWSHIP LTD financials
The Followship Ltd's latest turnover from August 2023 is estimated at £125.4 thousand and the company has net assets of £30.2 thousand. According to their latest financial statements, The Followship Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 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 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 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 | 70,782 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 70,782 |
| total assets | 70,782 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 40,538 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 40,538 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 40,538 |
| net assets | 30,244 |
| total shareholders funds | 30,244 |
| Aug 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 70,782 |
| Creditors | 40,538 |
| Accruals and Deferred Income | 0 |
| 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 | 0 |
| overdraft | 0 |
| change in cash | 0 |
the followship ltd Credit Report and Business Information
The Followship Ltd Competitor Analysis
Perform a competitor analysis for the followship ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
the followship ltd Ownership
THE FOLLOWSHIP LTD group structure
The Followship Ltd has no subsidiary companies.
Ultimate parent company
THE FOLLOWSHIP LTD
14094964
the followship ltd directors
The Followship Ltd currently has 1 director, Mr Gordon Walsh serving since Jun 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gordon Walsh | 47 years | Jun 2022 | - | Director |
P&L
August 2023turnover
125.4k
0%
operating profit
40.3k
0%
gross margin
25.4%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
30.2k
0%
total assets
70.8k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
the followship ltd company details
company number
14094964
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
May 2022
age
2
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
abbey house 51 high street, saffron walden, essex, CB10 1AF
last accounts submitted
August 2023
the followship 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 did not find charges/mortgages relating to the followship ltd.
the followship ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
