city knitwear limited
city knitwear limited Company Information
Company Number
00245475
Next Accounts
Apr 2025
Directors
Shareholders
hamlet investments ltd
mr david jonathan lichtig
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
leytonstone house, 3 hanbury drive, leytonstone, london, E11 1GA
Website
www.johnstonscashmere.comcity knitwear limited Estimated Valuation
Pomanda estimates the enterprise value of CITY KNITWEAR LIMITED at £255.8k based on a Turnover of £378.4k and 0.68x industry multiple (adjusted for size and gross margin).
city knitwear limited Estimated Valuation
Pomanda estimates the enterprise value of CITY KNITWEAR LIMITED at £76.4k based on an EBITDA of £17.2k and a 4.45x industry multiple (adjusted for size and gross margin).
city knitwear limited Estimated Valuation
Pomanda estimates the enterprise value of CITY KNITWEAR LIMITED at £261.6k based on Net Assets of £133.3k and 1.96x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
City Knitwear Limited Overview
City Knitwear Limited is a live company located in leytonstone, E11 1GA with a Companies House number of 00245475. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in February 1930, it's largest shareholder is hamlet investments ltd with a 100% stake. City Knitwear Limited is a mature, micro sized company, Pomanda has estimated its turnover at £378.4k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
City Knitwear Limited Health Check
Pomanda's financial health check has awarded City Knitwear Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £378.4k, make it smaller than the average company (£908.9k)
- City Knitwear Limited
£908.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (6%)
- City Knitwear Limited
6% - Industry AVG
Production
with a gross margin of 41.4%, this company has a comparable cost of product (41.4%)
- City Knitwear Limited
41.4% - Industry AVG
Profitability
an operating margin of 4.5% make it less profitable than the average company (6.5%)
- City Knitwear Limited
6.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (14)
2 - City Knitwear Limited
14 - Industry AVG
Pay Structure
on an average salary of £30.8k, the company has an equivalent pay structure (£30.8k)
- City Knitwear Limited
£30.8k - Industry AVG
Efficiency
resulting in sales per employee of £189.2k, this is more efficient (£88.3k)
- City Knitwear Limited
£88.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- City Knitwear Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 213 days, this is slower than average (39 days)
- City Knitwear Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- City Knitwear Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - City Knitwear Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96%, this is a higher level of debt than the average (45.2%)
96% - City Knitwear Limited
45.2% - Industry AVG
CITY KNITWEAR LIMITED financials
City Knitwear Limited's latest turnover from July 2023 is estimated at £378.4 thousand and the company has net assets of £133.3 thousand. According to their latest financial statements, City Knitwear Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 1 | 1 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 3,050,000 | 3,050,000 | 3,050,000 | 3,050,000 | 3,050,000 | ||||||||||
| Debtors (Due After 1 year) | 100,000 | ||||||||||||||
| Total Fixed Assets | 3,050,000 | 3,050,000 | 3,050,000 | 3,050,000 | 3,050,000 | 100,000 | |||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 100,000 | 100,000 | 100,000 | ||||||||||||
| Group Debtors | 166,006 | 150,664 | 115,843 | 80,811 | |||||||||||
| Misc Debtors | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | |||||||
| Cash | |||||||||||||||
| misc current assets | |||||||||||||||
| total current assets | 266,006 | 250,664 | 215,843 | 180,811 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | ||||
| total assets | 3,316,006 | 3,300,664 | 3,265,843 | 3,230,811 | 3,150,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | |||
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 130,000 | 70,000 | 70,000 | ||||||||||||
| Group/Directors Accounts | 3,050,000 | 3,110,000 | 3,080,000 | 3,120,000 | 3,050,000 | ||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,683 | 214 | |||||||||||||
| total current liabilities | 3,182,683 | 3,180,214 | 3,150,000 | 3,120,000 | 3,050,000 | ||||||||||
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 3,182,683 | 3,180,214 | 3,150,000 | 3,120,000 | 3,050,000 | ||||||||||
| net assets | 133,323 | 120,450 | 115,843 | 110,811 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | |||
| total shareholders funds | 133,323 | 120,450 | 115,843 | 110,811 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 15,342 | 34,821 | 35,032 | 80,811 | 100,000 | ||||||||||
| Creditors | 60,000 | 70,000 | |||||||||||||
| Accruals and Deferred Income | 2,469 | 214 | |||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 3,050,000 | ||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -60,000 | 30,000 | -40,000 | 70,000 | 3,050,000 | ||||||||||
| 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 |
city knitwear limited Credit Report and Business Information
City Knitwear Limited Competitor Analysis
Perform a competitor analysis for city knitwear limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in E11 area or any other competitors across 12 key performance metrics.
city knitwear limited Ownership
CITY KNITWEAR LIMITED group structure
City Knitwear Limited has no subsidiary companies.
city knitwear limited directors
City Knitwear Limited currently has 1 director, Mr David Lichtig serving since Dec 1991.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Lichtig | 80 years | Dec 1991 | - | Director |
P&L
July 2023turnover
378.4k
+59%
operating profit
17.2k
0%
gross margin
41.4%
+1.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
133.3k
+0.11%
total assets
3.3m
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
city knitwear limited company details
company number
00245475
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
February 1930
age
95
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
leytonstone house, 3 hanbury drive, leytonstone, london, E11 1GA
Bank
-
Legal Advisor
-
city knitwear 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 found 6 charges/mortgages relating to city knitwear limited. Currently there are 6 open charges and 0 have been satisfied in the past.
city knitwear 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.
Click to start generating capital raising & share issue transactions for CITY KNITWEAR LIMITED. This can take several minutes, an email will notify you when this has completed.
city knitwear limited Companies House Filings - See Documents
| date | description | view/download |
|---|
