cgl realisations limited
cgl realisations limited Company Information
Company Number
00278576
Next Accounts
4456 days late
Shareholders
kesa holdings ltd
Group Structure
View All
Industry
Retail sale of electrical household appliances in specialised stores
Registered Address
c/o teneo financial advisory lim, the colmore building, birmingham, B4 6AT
Website
comet.co.ukcgl realisations limited Estimated Valuation
Pomanda estimates the enterprise value of CGL REALISATIONS LIMITED at £1b based on a Turnover of £1.5b and 0.69x industry multiple (adjusted for size and gross margin).
cgl realisations limited Estimated Valuation
Pomanda estimates the enterprise value of CGL REALISATIONS LIMITED at £0 based on an EBITDA of £-7.4m and a 7.81x industry multiple (adjusted for size and gross margin).
cgl realisations limited Estimated Valuation
Pomanda estimates the enterprise value of CGL REALISATIONS LIMITED at £101.9m based on Net Assets of £43.4m and 2.35x industry multiple (adjusted for liquidity).
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Cgl Realisations Limited Overview
Cgl Realisations Limited is a live company located in birmingham, B4 6AT with a Companies House number of 00278576. It operates in the retail sale of electrical household appliances in specialised stores sector, SIC Code 47540. Founded in August 1933, it's largest shareholder is kesa holdings ltd with a 100% stake. Cgl Realisations Limited is a mature, mega sized company, Pomanda has estimated its turnover at £1.5b with unknown growth in recent years.
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Cgl Realisations Limited Health Check
Pomanda's financial health check has awarded Cgl Realisations Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
6 Regular
3 Weak
Size
annual sales of £1.5b, make it larger than the average company (£841.6k)
£1.5b - Cgl Realisations Limited
£841.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Cgl Realisations Limited
- - Industry AVG
Production
with a gross margin of 25.3%, this company has a comparable cost of product (30.7%)
25.3% - Cgl Realisations Limited
30.7% - Industry AVG
Profitability
an operating margin of -2.3% make it less profitable than the average company (2.4%)
-2.3% - Cgl Realisations Limited
2.4% - Industry AVG
Employees
with 9010 employees, this is above the industry average (52)
9010 - Cgl Realisations Limited
52 - Industry AVG
Pay Structure
on an average salary of £18.9k, the company has an equivalent pay structure (£19.3k)
£18.9k - Cgl Realisations Limited
£19.3k - Industry AVG
Efficiency
resulting in sales per employee of £164.1k, this is equally as efficient (£153k)
£164.1k - Cgl Realisations Limited
£153k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is near the average (8 days)
6 days - Cgl Realisations Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is close to average (36 days)
36 days - Cgl Realisations Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 69 days, this is in line with average (81 days)
69 days - Cgl Realisations Limited
81 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (8 weeks)
2 weeks - Cgl Realisations Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.9%, this is a higher level of debt than the average (63.1%)
88.9% - Cgl Realisations Limited
63.1% - Industry AVG
CGL REALISATIONS LIMITED financials
Cgl Realisations Limited's latest turnover from April 2011 is £1.5 billion and the company has net assets of £43.4 million. According to their latest financial statements, Cgl Realisations Limited has 9,010 employees and maintains cash reserves of £12.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2011 | Apr 2010 | |
|---|---|---|
| Turnover | 1,478,201,000 | 1,586,368,000 |
| Other Income Or Grants | ||
| Cost Of Sales | 1,104,266,000 | 1,169,909,000 |
| Gross Profit | 373,935,000 | 416,459,000 |
| Admin Expenses | 407,951,000 | 412,550,000 |
| Operating Profit | -34,016,000 | 3,909,000 |
| Interest Payable | 5,724,000 | 7,464,000 |
| Interest Receivable | 185,000 | 498,000 |
| Pre-Tax Profit | -39,555,000 | -2,951,000 |
| Tax | 7,776,000 | -818,000 |
| Profit After Tax | -31,779,000 | -3,769,000 |
| Dividends Paid | ||
| Retained Profit | -31,779,000 | -3,769,000 |
| Employee Costs | 170,109,000 | 180,074,000 |
| Number Of Employees | 9,010 | 9,666 |
| EBITDA* | -7,430,000 | 31,792,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2011 | Apr 2010 | |
|---|---|---|
| Tangible Assets | 98,961,000 | 97,617,000 |
| Intangible Assets | ||
| Investments & Other | 100,000 | 100,000 |
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 99,061,000 | 97,717,000 |
| Stock & work in progress | 209,164,000 | 215,904,000 |
| Trade Debtors | 28,262,000 | 26,566,000 |
| Group Debtors | 695,000 | 24,636,000 |
| Misc Debtors | 42,155,000 | 28,492,000 |
| Cash | 12,647,000 | 6,712,000 |
| misc current assets | ||
| total current assets | 292,923,000 | 302,310,000 |
| total assets | 391,984,000 | 400,027,000 |
| Bank overdraft | 1,251,000 | 5,788,000 |
| Bank loan | ||
| Trade Creditors | 109,212,000 | 120,325,000 |
| Group/Directors Accounts | 79,424,000 | 36,756,000 |
| other short term finances | ||
| hp & lease commitments | 162,000 | 990,000 |
| other current liabilities | 99,185,000 | 102,200,000 |
| total current liabilities | 289,234,000 | 266,059,000 |
| loans | 20,000,000 | |
| hp & lease commitments | 320,000 | |
| Accruals and Deferred Income | 16,016,000 | 14,289,000 |
| other liabilities | ||
| provisions | 13,232,000 | 4,162,000 |
| total long term liabilities | 59,366,000 | 75,131,000 |
| total liabilities | 348,600,000 | 341,190,000 |
| net assets | 43,384,000 | 58,837,000 |
| total shareholders funds | 43,384,000 | 58,837,000 |
| Apr 2011 | Apr 2010 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | -34,016,000 | 3,909,000 |
| Depreciation | 26,586,000 | 27,883,000 |
| Amortisation | ||
| Tax | 7,776,000 | -818,000 |
| Stock | -6,740,000 | 215,904,000 |
| Debtors | -8,582,000 | 79,694,000 |
| Creditors | -11,113,000 | 120,325,000 |
| Accruals and Deferred Income | -1,288,000 | 116,489,000 |
| Deferred Taxes & Provisions | 9,070,000 | 4,162,000 |
| Cash flow from operations | 12,337,000 | -23,648,000 |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 100,000 | |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | ||
| Group/Directors Accounts | 42,668,000 | 36,756,000 |
| Other Short Term Loans | ||
| Long term loans | -20,000,000 | 20,000,000 |
| Hire Purchase and Lease Commitments | -1,148,000 | 1,310,000 |
| other long term liabilities | ||
| share issue | ||
| interest | -5,539,000 | -6,966,000 |
| cash flow from financing | 32,307,000 | 113,706,000 |
| cash and cash equivalents | ||
| cash | 5,935,000 | 6,712,000 |
| overdraft | -4,537,000 | 5,788,000 |
| change in cash | 10,472,000 | 924,000 |
cgl realisations limited Credit Report and Business Information
Cgl Realisations Limited Competitor Analysis
Perform a competitor analysis for cgl realisations limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in B 4 area or any other competitors across 12 key performance metrics.
cgl realisations limited Ownership
CGL REALISATIONS LIMITED group structure
Cgl Realisations Limited has 1 subsidiary company.
Ultimate parent company
HAILEY 2 GP LTD
#0081803
2 parents
CGL REALISATIONS LIMITED
00278576
1 subsidiary
cgl realisations limited directors
Cgl Realisations Limited currently has 3 directors. The longest serving directors include Mr Robert Darke (Mar 2006) and Mr John Clare (Feb 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Darke | England | 58 years | Mar 2006 | - | Director |
| Mr John Clare | 74 years | Feb 2012 | - | Director | |
| Mr Carl Cowling | 51 years | Feb 2012 | - | Director |
P&L
April 2011turnover
1.5b
-7%
operating profit
-34m
-970%
gross margin
25.3%
-3.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2011net assets
43.4m
-0.26%
total assets
392m
-0.02%
cash
12.6m
+0.88%
net assets
Total assets minus all liabilities
Similar Companies
cgl realisations limited company details
company number
00278576
Type
Private limited with Share Capital
industry
47540 - Retail sale of electrical household appliances in specialised stores
incorporation date
August 1933
age
92
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
April 2011
previous names
comet group limited (October 2019)
comet radiovision services limited (February 1982)
accountant
-
auditor
-
address
c/o teneo financial advisory lim, the colmore building, birmingham, B4 6AT
Bank
HSBC BANK PLC
Legal Advisor
-
cgl realisations 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 10 charges/mortgages relating to cgl realisations limited. Currently there are 6 open charges and 4 have been satisfied in the past.
cgl realisations 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 CGL REALISATIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
cgl realisations limited Companies House Filings - See Documents
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