chelmsford diocesan board of finance(the)
chelmsford diocesan board of finance(the) Company Information
Company Number
00137029
Website
www.chelmsford.anglican.orgRegistered Address
guy harlings, 53 new street, chelmsford, essex, CM1 1AT
Industry
Activities of religious organisations
Telephone
01245294400
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
-0%
chelmsford diocesan board of finance(the) Estimated Valuation
Pomanda estimates the enterprise value of CHELMSFORD DIOCESAN BOARD OF FINANCE(THE) at £27.6m based on a Turnover of £24.9m and 1.11x industry multiple (adjusted for size and gross margin).
chelmsford diocesan board of finance(the) Estimated Valuation
Pomanda estimates the enterprise value of CHELMSFORD DIOCESAN BOARD OF FINANCE(THE) at £11.6m based on an EBITDA of £668k and a 17.35x industry multiple (adjusted for size and gross margin).
chelmsford diocesan board of finance(the) Estimated Valuation
Pomanda estimates the enterprise value of CHELMSFORD DIOCESAN BOARD OF FINANCE(THE) at £1b based on Net Assets of £372.6m and 2.69x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Chelmsford Diocesan Board Of Finance(the) Overview
Chelmsford Diocesan Board Of Finance(the) is a live company located in essex, CM1 1AT with a Companies House number of 00137029. It operates in the activities of religious organizations sector, SIC Code 94910. Founded in July 1914, it's largest shareholder is unknown. Chelmsford Diocesan Board Of Finance(the) is a mature, large sized company, Pomanda has estimated its turnover at £24.9m with low growth in recent years.
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Chelmsford Diocesan Board Of Finance(the) Health Check
Pomanda's financial health check has awarded Chelmsford Diocesan Board Of Finance(The) a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
3 Weak
Size
annual sales of £24.9m, make it larger than the average company (£310.6k)
£24.9m - Chelmsford Diocesan Board Of Finance(the)
£310.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a faster rate (2.1%)
3% - Chelmsford Diocesan Board Of Finance(the)
2.1% - Industry AVG
Production
with a gross margin of 72.7%, this company has a comparable cost of product (72.7%)
72.7% - Chelmsford Diocesan Board Of Finance(the)
72.7% - Industry AVG
Profitability
an operating margin of 2.3% make it more profitable than the average company (0.3%)
2.3% - Chelmsford Diocesan Board Of Finance(the)
0.3% - Industry AVG
Employees
with 95 employees, this is above the industry average (6)
95 - Chelmsford Diocesan Board Of Finance(the)
6 - Industry AVG
Pay Structure
on an average salary of £30.1k, the company has a higher pay structure (£22.8k)
£30.1k - Chelmsford Diocesan Board Of Finance(the)
£22.8k - Industry AVG
Efficiency
resulting in sales per employee of £262.1k, this is more efficient (£60.7k)
£262.1k - Chelmsford Diocesan Board Of Finance(the)
£60.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Chelmsford Diocesan Board Of Finance(the)
- - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (43 days)
25 days - Chelmsford Diocesan Board Of Finance(the)
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Chelmsford Diocesan Board Of Finance(the)
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 94 weeks, this is less cash available to meet short term requirements (381 weeks)
94 weeks - Chelmsford Diocesan Board Of Finance(the)
381 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.8%, this is a lower level of debt than the average (5.2%)
2.8% - Chelmsford Diocesan Board Of Finance(the)
5.2% - Industry AVG
CHELMSFORD DIOCESAN BOARD OF FINANCE(THE) financials
Chelmsford Diocesan Board Of Finance(The)'s latest turnover from December 2023 is £24.9 million and the company has net assets of £372.6 million. According to their latest financial statements, Chelmsford Diocesan Board Of Finance(The) has 95 employees and maintains cash reserves of £8.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 24,902,000 | 22,314,000 | 22,724,000 | 23,022,000 | 23,832,000 | 25,076,000 | 23,758,000 | 23,859,000 | 23,905,000 | 23,788,000 | 21,647,000 | 20,937,000 | 22,256,000 | 21,183,000 | 20,871,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 576,000 | -1,517,000 | 196,000 | 63,000 | 2,730,000 | ||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 170,000 | 128,000 | 88,000 | 0 | 27,000 | 25,000 | 27,000 | 27,000 | 44,000 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 1,621,000 | -2,617,000 | 846,000 | 733,000 | 3,966,000 | -193,000 | 1,089,000 | 1,570,000 | 1,856,000 | 854,000 | -580,000 | -247,000 | 1,246,000 | 119,000 | 490,000 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 1,621,000 | -2,617,000 | 846,000 | 733,000 | 3,966,000 | -193,000 | 1,089,000 | 1,570,000 | 1,856,000 | 854,000 | -580,000 | -247,000 | 1,246,000 | 119,000 | 490,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,621,000 | -2,617,000 | 846,000 | 733,000 | 3,966,000 | -193,000 | 1,089,000 | 1,570,000 | 1,856,000 | 854,000 | -580,000 | -247,000 | 1,246,000 | 119,000 | 490,000 |
| Employee Costs | 2,858,000 | 2,485,000 | 2,547,000 | 3,096,000 | 3,239,000 | 4,130,000 | 3,484,000 | 3,585,000 | 3,672,000 | 3,107,000 | 2,262,000 | 2,054,000 | 1,888,000 | 1,950,000 | 1,920,000 |
| Number Of Employees | 95 | 89 | 94 | 98 | 102 | 111 | 128 | 139 | 137 | 106 | 56 | 54 | 53 | 54 | 57 |
| EBITDA* | 668,000 | -1,425,000 | 289,000 | 159,000 | 2,835,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 292,172,000 | 308,004,000 | 289,525,000 | 276,159,000 | 264,150,000 | 258,402,000 | 258,167,000 | 242,492,000 | 216,483,000 | 193,086,000 | 179,028,000 | 167,521,000 | 170,076,000 | 168,265,000 | 165,786,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 69,863,000 | 65,004,000 | 64,398,000 | 53,318,000 | 55,551,000 | 50,527,000 | 51,141,000 | 48,137,000 | 45,488,000 | 42,772,000 | 40,769,000 | 35,726,000 | 32,215,000 | 30,406,000 | 28,687,000 |
| Debtors (Due After 1 year) | 242,000 | 278,000 | 341,000 | 141,000 | 182,000 | 222,000 | 258,000 | 273,000 | 573,000 | 668,000 | 924,000 | 465,000 | 187,000 | 229,000 | 188,000 |
| Total Fixed Assets | 362,277,000 | 373,286,000 | 354,264,000 | 329,618,000 | 319,883,000 | 309,151,000 | 309,566,000 | 290,902,000 | 262,544,000 | 236,526,000 | 220,721,000 | 203,712,000 | 202,478,000 | 198,900,000 | 194,661,000 |
| Stock & work in progress | 0 | 0 | 0 | 19,000 | 27,000 | 27,000 | 29,000 | 31,000 | 33,000 | 40,000 | 42,000 | 47,000 | 41,000 | 41,000 | 32,000 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 4,000 | 4,000 | 11,000 | 11,000 | 0 | 0 | 0 | 306,000 | 660,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,825,000 | 3,771,000 | 2,997,000 | 2,439,000 | 2,104,000 | 2,258,000 | 2,097,000 | 2,082,000 | 2,115,000 | 1,842,000 | 1,943,000 | 1,916,000 | 2,356,000 | 2,507,000 | 1,535,000 |
| Cash | 8,283,000 | 4,037,000 | 9,201,000 | 8,557,000 | 4,117,000 | 1,742,000 | 1,568,000 | 3,613,000 | 3,523,000 | 4,705,000 | 2,654,000 | 6,915,000 | 8,094,000 | 9,368,000 | 8,109,000 |
| misc current assets | 10,880,000 | 10,527,000 | 7,265,000 | 3,715,000 | 0 | 5,333,000 | 1,630,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 20,988,000 | 18,335,000 | 19,463,000 | 14,730,000 | 6,248,000 | 9,360,000 | 5,328,000 | 5,730,000 | 5,682,000 | 6,598,000 | 4,639,000 | 8,878,000 | 10,491,000 | 12,222,000 | 10,336,000 |
| total assets | 383,265,000 | 391,621,000 | 373,727,000 | 344,348,000 | 326,131,000 | 318,511,000 | 314,894,000 | 296,632,000 | 268,226,000 | 243,124,000 | 225,360,000 | 212,590,000 | 212,969,000 | 211,122,000 | 204,997,000 |
| Bank overdraft | 0 | 0 | 9,009,000 | 54,000 | 27,000 | 0 | 0 | 387,000 | 262,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 480,000 | 666,000 | 369,000 | 510,000 | 438,000 | 478,000 | 471,000 | 276,000 | 236,000 | 481,000 | 364,000 | 434,000 | 329,000 | 310,000 | 331,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 2,539,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,516,000 | 6,073,000 | 7,025,000 | 6,501,000 | 5,738,000 | 4,428,000 | 5,144,000 | 4,857,000 | 5,140,000 | 4,817,000 | 3,311,000 | 3,426,000 | 3,631,000 | 4,070,000 | 4,584,000 |
| total current liabilities | 4,535,000 | 6,739,000 | 16,403,000 | 7,065,000 | 6,203,000 | 4,906,000 | 5,615,000 | 5,520,000 | 5,638,000 | 5,298,000 | 3,675,000 | 3,860,000 | 3,960,000 | 4,380,000 | 4,915,000 |
| loans | 6,174,000 | 8,959,000 | 874,000 | 11,801,000 | 11,567,000 | 10,915,000 | 10,170,000 | 7,281,000 | 4,380,000 | 3,682,000 | 1,083,000 | 993,000 | 1,067,000 | 1,275,000 | 1,063,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 6,174,000 | 8,959,000 | 874,000 | 11,985,000 | 12,601,000 | 15,987,000 | 16,419,000 | 15,326,000 | 13,831,000 | 15,011,000 | 1,083,000 | 993,000 | 1,067,000 | 1,275,000 | 1,363,000 |
| total liabilities | 10,709,000 | 15,698,000 | 17,277,000 | 19,050,000 | 18,804,000 | 20,893,000 | 22,034,000 | 20,846,000 | 19,469,000 | 20,309,000 | 4,758,000 | 4,853,000 | 5,027,000 | 5,655,000 | 6,278,000 |
| net assets | 372,556,000 | 375,923,000 | 356,450,000 | 325,298,000 | 307,327,000 | 297,618,000 | 292,860,000 | 275,786,000 | 248,757,000 | 222,815,000 | 220,602,000 | 207,737,000 | 207,942,000 | 205,467,000 | 198,719,000 |
| total shareholders funds | 372,556,000 | 375,923,000 | 356,450,000 | 325,298,000 | 307,327,000 | 297,618,000 | 292,860,000 | 275,786,000 | 248,757,000 | 222,815,000 | 220,602,000 | 207,737,000 | 207,942,000 | 205,467,000 | 198,719,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 576,000 | -1,517,000 | 196,000 | 63,000 | 2,730,000 | ||||||||||
| Depreciation | 92,000 | 92,000 | 93,000 | 96,000 | 105,000 | 124,000 | 138,000 | 139,000 | 140,000 | 142,000 | 72,000 | 58,000 | 46,000 | 31,000 | 75,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | -19,000 | -8,000 | 0 | -2,000 | -2,000 | -2,000 | -7,000 | -2,000 | -5,000 | 6,000 | 0 | 9,000 | 32,000 |
| Debtors | -1,982,000 | 711,000 | 758,000 | 294,000 | -194,000 | 121,000 | 0 | -340,000 | 178,000 | -346,000 | 486,000 | -162,000 | -499,000 | 659,000 | 2,383,000 |
| Creditors | -186,000 | 297,000 | -141,000 | 72,000 | -40,000 | 7,000 | 195,000 | 40,000 | -245,000 | 117,000 | -70,000 | 105,000 | 19,000 | -21,000 | 331,000 |
| Accruals and Deferred Income | -4,557,000 | -952,000 | 524,000 | 763,000 | 1,310,000 | -716,000 | 287,000 | -283,000 | 323,000 | 1,506,000 | -115,000 | -205,000 | -439,000 | -514,000 | 4,584,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -2,093,000 | -2,791,000 | -67,000 | 708,000 | 4,299,000 | ||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 1,263,000 | -4,503,000 | -3,117,000 | -1,857,000 | -798,000 | -3,121,000 | -983,000 | -2,725,000 | 2,312,000 | 3,278,000 |
| Change in Investments | 4,859,000 | 606,000 | 11,080,000 | -2,233,000 | 5,024,000 | -614,000 | 3,004,000 | 2,649,000 | 2,716,000 | 2,003,000 | 5,043,000 | 3,511,000 | 1,809,000 | 1,719,000 | 28,687,000 |
| cash flow from investments | -4,859,000 | -606,000 | -11,080,000 | 2,233,000 | -5,024,000 | 1,877,000 | -7,507,000 | -5,766,000 | -4,573,000 | -2,801,000 | -8,164,000 | -4,494,000 | -4,534,000 | 593,000 | -25,409,000 |
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 2,539,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -2,785,000 | 8,085,000 | -10,927,000 | 234,000 | 652,000 | 745,000 | 2,889,000 | 2,901,000 | 698,000 | 2,599,000 | 90,000 | -74,000 | -208,000 | 212,000 | 1,063,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | -170,000 | -128,000 | -88,000 | 0 | -27,000 | -25,000 | -27,000 | -27,000 | -44,000 | |
| cash flow from financing | -5,234,000 | 30,175,000 | 19,379,000 | 17,472,000 | 6,395,000 | 18,704,000 | 28,232,000 | 24,696,000 | 3,958,000 | 13,508,000 | -57,000 | 994,000 | 6,814,000 | 199,248,000 | |
| cash and cash equivalents | |||||||||||||||
| cash | 4,246,000 | -5,164,000 | 644,000 | 4,440,000 | 2,375,000 | 174,000 | -2,045,000 | 90,000 | -1,182,000 | 2,051,000 | -4,261,000 | -1,179,000 | -1,274,000 | 1,259,000 | 8,109,000 |
| overdraft | 0 | -9,009,000 | 8,955,000 | 27,000 | 27,000 | 0 | -387,000 | 125,000 | 262,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 4,246,000 | 3,845,000 | -8,311,000 | 4,413,000 | 2,348,000 | 174,000 | -1,658,000 | -35,000 | -1,444,000 | 2,051,000 | -4,261,000 | -1,179,000 | -1,274,000 | 1,259,000 | 8,109,000 |
chelmsford diocesan board of finance(the) Credit Report and Business Information
Chelmsford Diocesan Board Of Finance(the) Competitor Analysis
Perform a competitor analysis for chelmsford diocesan board of finance(the) by selecting its closest rivals and benchmarking them against 12 key performance metrics.
chelmsford diocesan board of finance(the) Ownership
CHELMSFORD DIOCESAN BOARD OF FINANCE(THE) group structure
Chelmsford Diocesan Board Of Finance(The) has 2 subsidiary companies.
Ultimate parent company
CHELMSFORD DIOCESAN BOARD OF FINANCE(THE)
00137029
2 subsidiaries
chelmsford diocesan board of finance(the) directors
Chelmsford Diocesan Board Of Finance(The) currently has 26 directors. The longest serving directors include Mr Robert Hammond (May 2005) and The Venerable Elwin Cockett (Oct 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Hammond | 57 years | May 2005 | - | Director | |
| The Venerable Elwin Cockett | 65 years | Oct 2007 | - | Director | |
| Rt Revd Roger Morris | 56 years | Jul 2014 | - | Director | |
| Canon Roger Ennals | 76 years | Mar 2016 | - | Director | |
| Mrs Isabel Adcock | 74 years | Aug 2016 | - | Director | |
| The Ven Ruth Patten | 52 years | Nov 2018 | - | Director | |
| Mr Brian Smith | 69 years | Nov 2018 | - | Director | |
| The Venerable Christopher Burke | England | 58 years | May 2019 | - | Director |
| Rt Rev Dr Gulnar Francis-Dehqani | 58 years | Mar 2021 | - | Director | |
| Mrs Mary Durlacher | 72 years | Nov 2021 | - | Director |
P&L
December 2023turnover
24.9m
+12%
operating profit
576k
-138%
gross margin
72.7%
+28.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
372.6m
-0.01%
total assets
383.3m
-0.02%
cash
8.3m
+1.05%
net assets
Total assets minus all liabilities
chelmsford diocesan board of finance(the) company details
company number
00137029
Type
Private Ltd By Guarantee w/o Share Cap
industry
94910 - Activities of religious organisations
incorporation date
July 1914
age
110
accounts
Full Accounts
ultimate parent company
previous names
chelmsford diocesan board of finance limited (December 1980)
incorporated
UK
address
guy harlings, 53 new street, chelmsford, essex, CM1 1AT
last accounts submitted
December 2023
chelmsford diocesan board of finance(the) 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 found 59 charges/mortgages relating to chelmsford diocesan board of finance(the). Currently there are 43 open charges and 16 have been satisfied in the past.
chelmsford diocesan board of finance(the) Companies House Filings - See Documents
| date | description | view/download |
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