closewalk limited
closewalk limited Company Information
Company Number
00843092
Next Accounts
Oct 2025
Shareholders
nigel j. mills
mrs susan mills
Group Structure
View All
Industry
Buying and selling of own real estate
+1Registered Address
1 exelby close whitebridge park, gosforth, newcastle upon tyne, tyne & wear, NE3 5LG
Website
-closewalk limited Estimated Valuation
Pomanda estimates the enterprise value of CLOSEWALK LIMITED at £917.1k based on a Turnover of £406.7k and 2.26x industry multiple (adjusted for size and gross margin).
closewalk limited Estimated Valuation
Pomanda estimates the enterprise value of CLOSEWALK LIMITED at £1k based on an EBITDA of £224 and a 4.61x industry multiple (adjusted for size and gross margin).
closewalk limited Estimated Valuation
Pomanda estimates the enterprise value of CLOSEWALK LIMITED at £2m based on Net Assets of £1.2m and 1.66x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Closewalk Limited Overview
Closewalk Limited is a live company located in newcastle upon tyne, NE3 5LG with a Companies House number of 00843092. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 1965, it's largest shareholder is nigel j. mills with a 50% stake. Closewalk Limited is a mature, micro sized company, Pomanda has estimated its turnover at £406.7k with low growth in recent years.
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Closewalk Limited Health Check
Pomanda's financial health check has awarded Closewalk Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £406.7k, make it smaller than the average company (£882.5k)
- Closewalk Limited
£882.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (3.9%)
- Closewalk Limited
3.9% - Industry AVG
Production
with a gross margin of 28.6%, this company has a higher cost of product (70.5%)
- Closewalk Limited
70.5% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (25.7%)
- Closewalk Limited
25.7% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
5 - Closewalk Limited
4 - Industry AVG
Pay Structure
on an average salary of £34.6k, the company has an equivalent pay structure (£34.6k)
- Closewalk Limited
£34.6k - Industry AVG
Efficiency
resulting in sales per employee of £81.3k, this is less efficient (£186.3k)
- Closewalk Limited
£186.3k - Industry AVG
Debtor Days
it gets paid by customers after 79 days, this is later than average (29 days)
- Closewalk Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 352 days, this is slower than average (33 days)
- Closewalk Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Closewalk Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Closewalk Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.4%, this is a lower level of debt than the average (66.3%)
42.4% - Closewalk Limited
66.3% - Industry AVG
CLOSEWALK LIMITED financials
Closewalk Limited's latest turnover from January 2024 is estimated at £406.7 thousand and the company has net assets of £1.2 million. According to their latest financial statements, Closewalk Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Feb 2014 | Feb 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 189,224 | 192,618 | 191,238 | 4,307,492 | 6,955,683 | 9,349,528 | 3,470,328 | 310,067 | |||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 3,328,892 | 5,355,300 | 7,269,581 | 2,449,468 | |||||||||||
| Gross Profit | 978,600 | 1,600,383 | 2,079,947 | 1,020,860 | |||||||||||
| Admin Expenses | 1,178,681 | 1,513,342 | 2,706,844 | 2,046,629 | |||||||||||
| Operating Profit | 290,249 | -376 | 133,542 | -200,081 | 87,041 | -626,897 | -1,025,769 | 270,872 | |||||||
| Interest Payable | 33,656 | 37,784 | 38,006 | 39,856 | 44,676 | 87,032 | 47,967 | 42,793 | |||||||
| Interest Receivable | 1 | 17 | 111 | 611 | 83 | 73 | |||||||||
| Pre-Tax Profit | 256,594 | -38,143 | 95,647 | -309,556 | 102,312 | -455,178 | -1,069,759 | 240,716 | |||||||
| Tax | -27,460 | -5,443 | -19,130 | -3,359 | 25,833 | -4,747 | -47,971 | -106,108 | |||||||
| Profit After Tax | 229,134 | -43,586 | 76,517 | -312,915 | 128,145 | -459,925 | -1,117,730 | 134,608 | |||||||
| Dividends Paid | 100,000 | 40,000 | 40,000 | 48,000 | 30,000 | 75,000 | |||||||||
| Retained Profit | 129,134 | -83,586 | 36,517 | -360,915 | 128,145 | -459,925 | -1,147,730 | 59,608 | |||||||
| Employee Costs | 103,824 | 113,364 | 101,710 | 657,123 | 925,826 | 1,409,637 | 483,442 | ||||||||
| Number Of Employees | 5 | 5 | 5 | 5 | 5 | 5 | 7 | 7 | 7 | 49 | 57 | 95 | 218 | ||
| EBITDA* | 293,881 | 5,502 | 139,421 | -164,507 | 122,913 | -587,179 | -1,012,325 | 272,053 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Feb 2014 | Feb 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,946,282 | 1,821,848 | 2,123,137 | 2,828,078 | 2,837,395 | 2,429,377 | 3,234,537 | 3,632 | 9,510 | 15,389 | 245,218 | 283,475 | 1,158,830 | 1,012 | |
| Intangible Assets | 1,473,340 | ||||||||||||||
| Investments & Other | 2,535,000 | 2,535,000 | 2,535,000 | 2,464,978 | 2,355,000 | 3,509,725 | 3,645,000 | 5,045,000 | |||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,946,282 | 1,821,848 | 2,123,137 | 2,828,078 | 2,837,395 | 2,429,377 | 3,234,537 | 2,535,000 | 2,538,632 | 2,544,510 | 2,480,367 | 2,600,218 | 3,793,200 | 6,277,170 | 5,046,012 |
| Stock & work in progress | 130,267 | 267,181 | 412,677 | 958,923 | |||||||||||
| Trade Debtors | 88,838 | 279,197 | 83,129 | 112,406 | 61,983 | 465,175 | 116,933 | 3,149 | 12,848 | 17,929 | |||||
| Group Debtors | 7,880 | 3,000 | 237,167 | 652,120 | 569,904 | ||||||||||
| Misc Debtors | 13,949 | 6,702 | 8,435 | 9,242 | 10,284 | 10,367 | 8,541 | 9,586 | 108,188 | 585,853 | 161,212 | 182,587 | 46,206 | ||
| Cash | 23,123 | 82,036 | 76,964 | 155,598 | 208,017 | 53,184 | 23,952 | ||||||||
| misc current assets | 98,217 | 9,184 | |||||||||||||
| total current assets | 102,787 | 285,899 | 91,564 | 121,648 | 72,267 | 563,392 | 126,117 | 33,490 | 16,421 | 94,622 | 318,568 | 1,021,480 | 1,037,002 | 1,846,814 | 640,062 |
| total assets | 2,049,069 | 2,107,747 | 2,214,701 | 2,949,726 | 2,909,662 | 2,992,769 | 3,360,654 | 2,568,490 | 2,555,053 | 2,639,132 | 2,798,935 | 3,621,698 | 4,830,202 | 8,123,984 | 5,686,074 |
| Bank overdraft | 59,187 | 31,065 | 75,000 | 165,906 | 1,256,744 | 97,014 | |||||||||
| Bank loan | 75,000 | 75,000 | 75,000 | 75,000 | |||||||||||
| Trade Creditors | 280,494 | 803,852 | 119,012 | 130,103 | 117,212 | 204,417 | 385,704 | 1,997 | 1,733 | 4,020 | 119,077 | 266,169 | 410,872 | 915,581 | 4,211 |
| Group/Directors Accounts | 134,915 | 144,360 | 148,931 | 48,770 | 108,258 | 88,277 | |||||||||
| other short term finances | 486,066 | 93,165 | |||||||||||||
| hp & lease commitments | 23,292 | 27,950 | |||||||||||||
| other current liabilities | 97,956 | 64,204 | 47,468 | 119,050 | 438,641 | 590,605 | 682,080 | 159,719 | |||||||
| total current liabilities | 280,494 | 803,852 | 119,012 | 130,103 | 117,212 | 204,417 | 385,704 | 309,868 | 344,484 | 275,419 | 392,962 | 779,810 | 1,298,933 | 3,456,698 | 354,109 |
| loans | 1,650,000 | 1,106,250 | 1,181,250 | 1,256,250 | 1,331,250 | 1,406,250 | 2,220,030 | 2,839,868 | 2,356,817 | ||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 89,088 | 124,576 | 27,285 | 43,250 | 37,431 | 25,868 | 51,571 | ||||||||
| other liabilities | 500,000 | 1,258,421 | 1,316,842 | 1,336,315 | 1,414,210 | ||||||||||
| provisions | 165,931 | 164,571 | 142,238 | 145,926 | 143,866 | 149,947 | 144,505 | 3,746 | |||||||
| total long term liabilities | 589,088 | 124,576 | 1,285,706 | 1,526,023 | 1,538,317 | 1,582,316 | 1,847,497 | 1,250,116 | 1,331,197 | 1,400,755 | 1,331,250 | 1,406,250 | 2,223,776 | 2,839,868 | 2,356,817 |
| total liabilities | 869,582 | 928,428 | 1,404,718 | 1,656,126 | 1,655,529 | 1,786,733 | 2,233,201 | 1,559,984 | 1,675,681 | 1,676,174 | 1,724,212 | 2,186,060 | 3,522,709 | 6,296,566 | 2,710,926 |
| net assets | 1,179,487 | 1,179,319 | 809,983 | 1,293,600 | 1,254,133 | 1,206,036 | 1,127,453 | 1,008,506 | 879,372 | 962,958 | 1,074,723 | 1,435,638 | 1,307,493 | 1,827,418 | 2,975,148 |
| total shareholders funds | 1,179,487 | 1,179,319 | 809,983 | 1,293,600 | 1,254,133 | 1,206,036 | 1,127,453 | 1,008,506 | 879,372 | 962,958 | 1,074,723 | 1,435,638 | 1,307,493 | 1,827,418 | 2,975,148 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Feb 2014 | Feb 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 290,249 | -376 | 133,542 | -200,081 | 87,041 | -626,897 | -1,025,769 | 270,872 | |||||||
| Depreciation | 3,632 | 5,878 | 5,879 | 35,574 | 35,872 | 39,718 | 13,444 | 1,181 | |||||||
| Amortisation | |||||||||||||||
| Tax | -27,460 | -5,443 | -19,130 | -3,359 | 25,833 | -4,747 | -47,971 | -106,108 | |||||||
| Stock | -130,267 | -136,914 | -145,496 | -546,246 | 958,923 | ||||||||||
| Debtors | -183,112 | 194,335 | -30,084 | 49,381 | -392,908 | 348,242 | 106,566 | -6,054 | 3,835 | -98,751 | -487,364 | 182,393 | -418,399 | 218,597 | 616,110 |
| Creditors | -523,358 | 684,840 | -11,091 | 12,891 | -87,205 | -181,287 | 383,707 | 264 | -2,287 | -115,057 | -147,092 | -144,703 | -504,709 | 911,370 | 4,211 |
| Accruals and Deferred Income | -35,488 | 97,291 | -15,965 | 5,819 | 11,563 | -25,703 | -46,385 | 33,752 | 16,736 | -71,582 | -319,591 | -151,964 | -91,475 | 522,361 | 159,719 |
| Deferred Taxes & Provisions | -165,931 | 1,360 | 22,333 | -3,688 | 2,060 | -6,081 | 5,442 | 144,505 | -3,746 | 3,746 | |||||
| Cash flow from operations | 300,410 | 16,115 | 307,175 | -10,271 | -188,564 | -219,719 | -804,085 | -286,235 | |||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -194,221 | -134,573 | 1,216,974 | 2,124,352 | 1,415,691 | ||||||||||
| Change in Investments | -2,535,000 | 70,022 | 109,978 | -1,154,725 | -135,275 | -1,400,000 | 5,045,000 | ||||||||
| cash flow from investments | -194,221 | -70,022 | -244,551 | 2,371,699 | 2,259,627 | 2,815,691 | |||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -75,000 | 75,000 | |||||||||||||
| Group/Directors Accounts | -134,915 | -9,445 | -4,571 | 100,161 | 48,770 | -108,258 | 19,981 | 88,277 | |||||||
| Other Short Term Loans | -486,066 | 392,901 | 93,165 | ||||||||||||
| Long term loans | -1,650,000 | 543,750 | -75,000 | -75,000 | -75,000 | -75,000 | -813,780 | -619,838 | 483,051 | 2,356,817 | |||||
| Hire Purchase and Lease Commitments | -23,292 | -4,658 | 27,950 | ||||||||||||
| other long term liabilities | 500,000 | -1,258,421 | -58,421 | -19,473 | -77,895 | 1,414,210 | |||||||||
| share issue | |||||||||||||||
| interest | -33,655 | -37,767 | -37,895 | -39,245 | -44,593 | -87,032 | -47,894 | -42,793 | |||||||
| cash flow from financing | -118,100 | -117,338 | -161,016 | 9,525 | -989,923 | -1,237,613 | 944,285 | 5,322,729 | |||||||
| cash and cash equivalents | |||||||||||||||
| cash | -23,123 | 23,123 | -82,036 | 5,072 | -78,634 | -52,419 | 154,833 | 29,232 | 23,952 | ||||||
| overdraft | -59,187 | 59,187 | -31,065 | -43,935 | -90,906 | -1,090,838 | 1,159,730 | 97,014 | |||||||
| change in cash | -23,123 | 82,310 | -141,223 | 36,137 | -34,699 | 38,487 | 1,245,671 | -1,130,498 | -73,062 |
closewalk limited Credit Report and Business Information
Closewalk Limited Competitor Analysis
Perform a competitor analysis for closewalk limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NE3 area or any other competitors across 12 key performance metrics.
closewalk limited Ownership
CLOSEWALK LIMITED group structure
Closewalk Limited has no subsidiary companies.
Ultimate parent company
CLOSEWALK LIMITED
00843092
closewalk limited directors
Closewalk Limited currently has 5 directors. The longest serving directors include Mr Nigel Mills (May 1991) and Mr Martin Stokoe (Nov 1993).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nigel Mills | England | 66 years | May 1991 | - | Director |
| Mr Martin Stokoe | United Kingdom | 60 years | Nov 1993 | - | Director |
| Susan Mills | England | 63 years | Feb 2001 | - | Director |
| Miss Emma Mills | England | 26 years | May 2015 | - | Director |
| Mr Gregory Mills | England | 26 years | May 2015 | - | Director |
P&L
January 2024turnover
406.7k
-58%
operating profit
224
0%
gross margin
28.7%
+3.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
1.2m
0%
total assets
2m
-0.03%
cash
0
0%
net assets
Total assets minus all liabilities
closewalk limited company details
company number
00843092
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
March 1965
age
60
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
1 exelby close whitebridge park, gosforth, newcastle upon tyne, tyne & wear, NE3 5LG
Bank
-
Legal Advisor
-
closewalk 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 65 charges/mortgages relating to closewalk limited. Currently there are 11 open charges and 54 have been satisfied in the past.
closewalk 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 CLOSEWALK LIMITED. This can take several minutes, an email will notify you when this has completed.
closewalk limited Companies House Filings - See Documents
| date | description | view/download |
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