zero balance ltd
zero balance ltd Company Information
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
31 cleveleys road, clapton, london, E5 9JW
Website
-zero balance ltd Estimated Valuation
Pomanda estimates the enterprise value of ZERO BALANCE LTD at £20.7k based on a Turnover of £52.9k and 0.39x industry multiple (adjusted for size and gross margin).
zero balance ltd Estimated Valuation
Pomanda estimates the enterprise value of ZERO BALANCE LTD at £0 based on an EBITDA of £-4.1k and a 2.87x industry multiple (adjusted for size and gross margin).
zero balance ltd Estimated Valuation
Pomanda estimates the enterprise value of ZERO BALANCE LTD at £0 based on Net Assets of £-4.1k and 2.13x industry multiple (adjusted for liquidity).
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Zero Balance Ltd Overview
Zero Balance Ltd is a live company located in london, E5 9JW with a Companies House number of 14964417. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2023, it's largest shareholder is elimelech gratt with a 100% stake. Zero Balance Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £52.9k with unknown growth in recent years.
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Zero Balance Ltd Health Check
Pomanda's financial health check has awarded Zero Balance Ltd a 1.5 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
2 Strong
1 Regular
6 Weak
Size
annual sales of £52.9k, make it smaller than the average company (£4.3m)
- Zero Balance Ltd
£4.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Zero Balance Ltd
- - Industry AVG
Production
with a gross margin of 17%, this company has a higher cost of product (37.9%)
- Zero Balance Ltd
37.9% - Industry AVG
Profitability
an operating margin of -7.8% make it less profitable than the average company (5.5%)
- Zero Balance Ltd
5.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (25)
2 - Zero Balance Ltd
25 - Industry AVG
Pay Structure
on an average salary of £51k, the company has an equivalent pay structure (£51k)
- Zero Balance Ltd
£51k - Industry AVG
Efficiency
resulting in sales per employee of £26.4k, this is less efficient (£157.5k)
- Zero Balance Ltd
£157.5k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (38 days)
- Zero Balance Ltd
38 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is slower than average (31 days)
- Zero Balance Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Zero Balance Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Zero Balance Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 233.5%, this is a higher level of debt than the average (59.8%)
233.5% - Zero Balance Ltd
59.8% - Industry AVG
ZERO BALANCE LTD financials
Zero Balance Ltd's latest turnover from June 2024 is estimated at £52.9 thousand and the company has net assets of -£4.1 thousand. According to their latest financial statements, Zero Balance Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | |
|---|---|
| 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 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | |
|---|---|
| Tangible Assets | 1,330 |
| Intangible Assets | |
| Investments & Other | |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | 1,330 |
| Stock & work in progress | |
| Trade Debtors | 1,760 |
| Group Debtors | |
| Misc Debtors | |
| Cash | |
| misc current assets | |
| total current assets | 1,760 |
| total assets | 3,090 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 4,314 |
| Group/Directors Accounts | |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | |
| total current liabilities | 4,314 |
| loans | |
| hp & lease commitments | |
| Accruals and Deferred Income | |
| other liabilities | 2,900 |
| provisions | |
| total long term liabilities | 2,900 |
| total liabilities | 7,214 |
| net assets | -4,124 |
| total shareholders funds | -4,124 |
| Jun 2024 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | |
| Debtors | 1,760 |
| Creditors | 4,314 |
| 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 | 2,900 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | |
| overdraft | |
| change in cash |
zero balance ltd Credit Report and Business Information
Zero Balance Ltd Competitor Analysis
Perform a competitor analysis for zero balance ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in E 5 area or any other competitors across 12 key performance metrics.
zero balance ltd Ownership
ZERO BALANCE LTD group structure
Zero Balance Ltd has no subsidiary companies.
Ultimate parent company
ZERO BALANCE LTD
14964417
zero balance ltd directors
Zero Balance Ltd currently has 1 director, Mr Elimelech Gratt serving since Jan 2024.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Elimelech Gratt | England | 38 years | Jan 2024 | - | Director |
P&L
June 2024turnover
52.9k
0%
operating profit
-4.1k
0%
gross margin
17%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
-4.1k
0%
total assets
3.1k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
zero balance ltd company details
company number
14964417
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
June 2023
age
2
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2024
previous names
N/A
accountant
DOUBLE U ACCOUNTANTS LTD
auditor
-
address
31 cleveleys road, clapton, london, E5 9JW
Bank
-
Legal Advisor
-
zero balance 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 zero balance ltd.
zero balance 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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zero balance ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
