Pomanda estimates the enterprise value of CHANGE NETWORK LIMITED at £95.3k based on a Turnover of £241.5k and 0.39x industry multiple (adjusted for size and gross margin).
change network limitedEstimated Valuation
£92.3k
Pomanda estimates the enterprise value of CHANGE NETWORK LIMITED at £92.3k based on an EBITDA of £31k and a 2.98x industry multiple (adjusted for size and gross margin).
change network limitedEstimated Valuation
£55.8k
Pomanda estimates the enterprise value of CHANGE NETWORK LIMITED at £55.8k based on Net Assets of £23.3k and 2.4x industry multiple (adjusted for liquidity).
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Change Network LimitedOverview
Change Network Limited is a live company located in stockport, SK6 6HS with a Companies House number of 14845149. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in May 2023, it's largest shareholder is
katherine lindley
with a 50% stake. Change Network Limited is a startup,
micro sized company, Pomanda has estimated its turnover at
£241.5k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Change Network Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
1 Regular
6 Weak
Size
annual sales of £241.5k, make it smaller than the average company (£905.6k)
£241.5k - Change Network Limited
£905.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Change Network Limited
- - Industry AVG
Production
with a gross margin of 24.8%, this company has a higher cost of product (52.5%)
24.8% - Change Network Limited
52.5% - Industry AVG
Profitability
an operating margin of 12.8% make it more profitable than the average company (6.9%)
12.8% - Change Network Limited
6.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (8)
3 - Change Network Limited
8 - Industry AVG
Pay Structure
on an average salary of £56.2k, the company has an equivalent pay structure (£56.2k)
£56.2k - Change Network Limited
£56.2k - Industry AVG
Efficiency
resulting in sales per employee of £80.5k, this is less efficient (£125.5k)
£80.5k - Change Network Limited
£125.5k - Industry AVG
Debtor Days
it gets paid by customers after 137 days, this is later than average (60 days)
137 days - Change Network Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 138 days, this is slower than average (26 days)
138 days - Change Network Limited
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Change Network Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Change Network Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.8%, this is a higher level of debt than the average (55.5%)
74.8% - Change Network Limited
55.5% - Industry AVG
CHANGE NETWORK LIMITED financials
EXPORT
Change Network Limited's latest turnover from May 2024 is estimated at £241.5 thousand and the company has net assets of £23.3 thousand. According to their latest financial statements, Change Network Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
Turnover
241,472
Other Income Or Grants
Cost Of Sales
181,548
Gross Profit
59,925
Admin Expenses
28,914
Operating Profit
31,011
Interest Payable
Interest Receivable
Pre-Tax Profit
31,011
Tax
-7,753
Profit After Tax
23,258
Dividends Paid
Retained Profit
23,258
Employee Costs
168,541
Number Of Employees
3
EBITDA*
31,011
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
Tangible Assets
1,153
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,153
Stock & work in progress
Trade Debtors
91,123
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
91,123
total assets
92,276
Bank overdraft
Bank loan
Trade Creditors
69,018
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
69,018
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
69,018
net assets
23,258
total shareholders funds
23,258
May 2024
Operating Activities
Operating Profit
31,011
Depreciation
Amortisation
Tax
-7,753
Stock
Debtors
91,123
Creditors
69,018
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
1,153
Investing Activities
capital expenditure
-1,153
Change in Investments
cash flow from investments
-1,153
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
change network 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 change network limited. Get real-time insights into change network limited's credit score, group structure and payment trends.
Perform a competitor analysis for change network limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in SK6 area or any other competitors across 12 key performance metrics.
change network limited Ownership
CHANGE NETWORK LIMITED group structure
Change Network Limited has no subsidiary companies.
Ultimate parent company
CHANGE NETWORK LIMITED
14845149
CHANGE NETWORK LIMITED Shareholders
The largest shareholders in Change Network Limited include Katherine Lindley and Georgia Thwaites.
katherine lindley
50%
georgia thwaites
50%
change network limited directors
Change Network Limited currently has 2 directors.
The longest serving directors include
Mrs Katherine Lindley (May 2023) and
Miss Georgia Thwaites (May 2023).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024
net assets
23.3k
0%
total assets
92.3k
0%
cash
0
0%
net assets
Total assets minus all liabilities
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change network limited company details
company number
14845149
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
70229 - Management consultancy activities (other than financial management)
incorporation date
May 2023
age
2
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
5 kingsbridge close, marple, stockport, SK6 6HS
Bank
-
Legal Advisor
-
change network 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 change network limited.
change network 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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change network limitedCompanies House Filings - See Documents
