storage network ltd
storage network ltd Company Information
Company Number
14538218
Next Accounts
Sep 2025
Shareholders
ramesh modhwadia
rakesh odedra
Group Structure
View All
Industry
Operation of warehousing and storage facilities for land transport activities of division 49
Registered Address
justa house 204-208, holbrook lane, coventry, CV6 4DD
Website
storagenetworks.comstorage network ltd Estimated Valuation
Pomanda estimates the enterprise value of STORAGE NETWORK LTD at £72.1k based on a Turnover of £181.1k and 0.4x industry multiple (adjusted for size and gross margin).
storage network ltd Estimated Valuation
Pomanda estimates the enterprise value of STORAGE NETWORK LTD at £0 based on an EBITDA of £-7.3k and a 2.83x industry multiple (adjusted for size and gross margin).
storage network ltd Estimated Valuation
Pomanda estimates the enterprise value of STORAGE NETWORK LTD at £0 based on Net Assets of £-7.3k and 2.09x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Storage Network Ltd Overview
Storage Network Ltd is a live company located in coventry, CV6 4DD with a Companies House number of 14538218. It operates in the operation of warehousing and storage facilities for land transport activities sector, SIC Code 52103. Founded in December 2022, it's largest shareholder is ramesh modhwadia with a 50% stake. Storage Network Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £181.1k with unknown growth in recent years.
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Storage Network Ltd Health Check
Pomanda's financial health check has awarded Storage Network Ltd a 1 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
1 Strong
2 Regular
6 Weak
Size
annual sales of £181.1k, make it smaller than the average company (£9.8m)
- Storage Network Ltd
£9.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Storage Network Ltd
- - Industry AVG
Production
with a gross margin of 18.9%, this company has a higher cost of product (38.4%)
- Storage Network Ltd
38.4% - Industry AVG
Profitability
an operating margin of -4% make it less profitable than the average company (6.6%)
- Storage Network Ltd
6.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (52)
3 - Storage Network Ltd
52 - Industry AVG
Pay Structure
on an average salary of £41.1k, the company has an equivalent pay structure (£41.1k)
- Storage Network Ltd
£41.1k - Industry AVG
Efficiency
resulting in sales per employee of £60.4k, this is less efficient (£155.9k)
- Storage Network Ltd
£155.9k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is near the average (49 days)
- Storage Network Ltd
49 days - Industry AVG
Creditor Days
its suppliers are paid after 78 days, this is slower than average (38 days)
- Storage Network Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Storage Network Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Storage Network Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 130.4%, this is a higher level of debt than the average (55.7%)
130.4% - Storage Network Ltd
55.7% - Industry AVG
STORAGE NETWORK LTD financials
Storage Network Ltd's latest turnover from December 2023 is estimated at £181.1 thousand and the company has net assets of -£7.3 thousand. According to their latest financial statements, Storage Network Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 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 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | |
|---|---|
| Tangible Assets | |
| Intangible Assets | |
| Investments & Other | |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | |
| Stock & work in progress | |
| Trade Debtors | 24,134 |
| Group Debtors | |
| Misc Debtors | |
| Cash | |
| misc current assets | |
| total current assets | 24,134 |
| total assets | 24,134 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 31,462 |
| Group/Directors Accounts | |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | |
| total current liabilities | 31,462 |
| loans | |
| hp & lease commitments | |
| Accruals and Deferred Income | |
| other liabilities | |
| provisions | |
| total long term liabilities | |
| total liabilities | 31,462 |
| net assets | -7,328 |
| total shareholders funds | -7,328 |
| Dec 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | |
| Debtors | 24,134 |
| Creditors | 31,462 |
| Accruals and Deferred Income | |
| 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 |
storage network ltd Credit Report and Business Information
Storage Network Ltd Competitor Analysis
Perform a competitor analysis for storage network ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in CV6 area or any other competitors across 12 key performance metrics.
storage network ltd Ownership
STORAGE NETWORK LTD group structure
Storage Network Ltd has no subsidiary companies.
Ultimate parent company
STORAGE NETWORK LTD
14538218
storage network ltd directors
Storage Network Ltd currently has 3 directors. The longest serving directors include Mr Ramesh Modhwadia (Dec 2022) and Mr Rakesh Odedra (Dec 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ramesh Modhwadia | United Kingdom | 43 years | Dec 2022 | - | Director |
| Mr Rakesh Odedra | United Kingdom | 39 years | Dec 2022 | - | Director |
| Mr Dhaval Popat | England | 33 years | Dec 2023 | - | Director |
P&L
December 2023turnover
181.1k
0%
operating profit
-7.3k
0%
gross margin
19%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-7.3k
0%
total assets
24.1k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
storage network ltd company details
company number
14538218
Type
Private limited with Share Capital
industry
52103 - Operation of warehousing and storage facilities for land transport activities of division 49
incorporation date
December 2022
age
3
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
SKS JUSTA & CO LTD
auditor
-
address
justa house 204-208, holbrook lane, coventry, CV6 4DD
Bank
-
Legal Advisor
-
storage network 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 storage network ltd.
storage network 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.
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storage network ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
