cre8 network limited
cre8 network limited Company Information
Company Number
SC637692
Website
-Registered Address
no.10. apt.2 manor place, edinburgh, EH3 7DD
Industry
Management consultancy activities (other than financial management)
Telephone
-
Next Accounts Due
523 days late
Group Structure
View All
Directors
Hanif Saddiq5 Years
Shareholders
hanif saddiq 100%
cre8 network limited Estimated Valuation
Pomanda estimates the enterprise value of CRE8 NETWORK LIMITED at £31.3k based on a Turnover of £68.1k and 0.46x industry multiple (adjusted for size and gross margin).
cre8 network limited Estimated Valuation
Pomanda estimates the enterprise value of CRE8 NETWORK LIMITED at £0 based on an EBITDA of £-75.1k and a 3.28x industry multiple (adjusted for size and gross margin).
cre8 network limited Estimated Valuation
Pomanda estimates the enterprise value of CRE8 NETWORK LIMITED at £0 based on Net Assets of £-75.5k and 2.67x industry multiple (adjusted for liquidity).
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Cre8 Network Limited Overview
Cre8 Network Limited is a live company located in edinburgh, EH3 7DD with a Companies House number of SC637692. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in August 2019, it's largest shareholder is hanif saddiq with a 100% stake. Cre8 Network Limited is a young, micro sized company, Pomanda has estimated its turnover at £68.1k with unknown growth in recent years.
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Cre8 Network Limited Health Check
Pomanda's financial health check has awarded Cre8 Network Limited 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 £68.1k, make it smaller than the average company (£224.9k)
- Cre8 Network Limited
£224.9k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Cre8 Network Limited
- - Industry AVG
Production
with a gross margin of 24.4%, this company has a higher cost of product (55%)
- Cre8 Network Limited
55% - Industry AVG
Profitability
an operating margin of -110.3% make it less profitable than the average company (8.9%)
- Cre8 Network Limited
8.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Cre8 Network Limited
3 - Industry AVG
Pay Structure
on an average salary of £38.7k, the company has an equivalent pay structure (£38.7k)
- Cre8 Network Limited
£38.7k - Industry AVG
Efficiency
resulting in sales per employee of £34k, this is less efficient (£100.8k)
- Cre8 Network Limited
£100.8k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is near the average (79 days)
- Cre8 Network Limited
79 days - Industry AVG
Creditor Days
its suppliers are paid after 389 days, this is slower than average (30 days)
- Cre8 Network Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cre8 Network Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Cre8 Network Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 528.7%, this is a higher level of debt than the average (56.7%)
528.7% - Cre8 Network Limited
56.7% - Industry AVG
CRE8 NETWORK LIMITED financials
Cre8 Network Limited's latest turnover from August 2021 is estimated at £68.1 thousand and the company has net assets of -£75.5 thousand. According to their latest financial statements, Cre8 Network Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2021 | Aug 2020 | |
|---|---|---|
| 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 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2021 | Aug 2020 | |
|---|---|---|
| Tangible Assets | 3,611 | 4,814 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 3,611 | 4,814 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 14,000 | 88,695 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 14,000 | 88,695 |
| total assets | 17,611 | 93,509 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 54,857 | 43,400 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 54,857 | 43,400 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 500 | 500 |
| other liabilities | 37,744 | 50,000 |
| provisions | 0 | 0 |
| total long term liabilities | 38,244 | 50,500 |
| total liabilities | 93,101 | 93,900 |
| net assets | -75,490 | -391 |
| total shareholders funds | -75,490 | -391 |
| Aug 2021 | Aug 2020 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | 0 | 0 |
| Debtors | -74,695 | 88,695 |
| Creditors | 11,457 | 43,400 |
| Accruals and Deferred Income | 0 | 500 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | -12,256 | 50,000 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
cre8 network limited Credit Report and Business Information
Cre8 Network Limited Competitor Analysis
Perform a competitor analysis for cre8 network limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in EH3 area or any other competitors across 12 key performance metrics.
cre8 network limited Ownership
CRE8 NETWORK LIMITED group structure
Cre8 Network Limited has no subsidiary companies.
Ultimate parent company
CRE8 NETWORK LIMITED
SC637692
cre8 network limited directors
Cre8 Network Limited currently has 1 director, Mr Hanif Saddiq serving since Aug 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hanif Saddiq | England | 50 years | Aug 2019 | - | Director |
P&L
August 2021turnover
68.1k
-56%
operating profit
-75.1k
0%
gross margin
24.5%
-3.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2021net assets
-75.5k
+192.07%
total assets
17.6k
-0.81%
cash
0
0%
net assets
Total assets minus all liabilities
cre8 network limited company details
company number
SC637692
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
August 2019
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2021
previous names
N/A
accountant
-
auditor
-
address
no.10. apt.2 manor place, edinburgh, EH3 7DD
Bank
-
Legal Advisor
-
cre8 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 cre8 network limited.
cre8 network limited Companies House Filings - See Documents
| date | description | view/download |
|---|
