candlelight products limited
candlelight products limited Company Information
Company Number
01190834
Next Accounts
Feb 2025
Industry
Wholesale of household goods (other than musical instruments) n.e.c.
Shareholders
one flight ltd
Group Structure
View All
Contact
Registered Address
ustun house waddington way, aldwarke, rotherham, south yorkshire, S65 3SH
Website
www.candlelight.co.ukcandlelight products limited Estimated Valuation
Pomanda estimates the enterprise value of CANDLELIGHT PRODUCTS LIMITED at £5.6m based on a Turnover of £12.9m and 0.44x industry multiple (adjusted for size and gross margin).
candlelight products limited Estimated Valuation
Pomanda estimates the enterprise value of CANDLELIGHT PRODUCTS LIMITED at £0 based on an EBITDA of £-441k and a 4.71x industry multiple (adjusted for size and gross margin).
candlelight products limited Estimated Valuation
Pomanda estimates the enterprise value of CANDLELIGHT PRODUCTS LIMITED at £10.7m based on Net Assets of £5.3m and 2.03x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Candlelight Products Limited Overview
Candlelight Products Limited is a live company located in rotherham, S65 3SH with a Companies House number of 01190834. It operates in the wholesale of household goods (other than musical instruments) n.e.c. sector, SIC Code 46499. Founded in November 1974, it's largest shareholder is one flight ltd with a 100% stake. Candlelight Products Limited is a mature, mid sized company, Pomanda has estimated its turnover at £12.9m with low growth in recent years.
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Candlelight Products Limited Health Check
Pomanda's financial health check has awarded Candlelight Products Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
5 Weak
Size
annual sales of £12.9m, make it smaller than the average company (£19.9m)
£12.9m - Candlelight Products Limited
£19.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (5.1%)
- Candlelight Products Limited
5.1% - Industry AVG
Production
with a gross margin of 30.8%, this company has a comparable cost of product (30.8%)
30.8% - Candlelight Products Limited
30.8% - Industry AVG
Profitability
an operating margin of -3.7% make it less profitable than the average company (4.4%)
-3.7% - Candlelight Products Limited
4.4% - Industry AVG
Employees
with 68 employees, this is similar to the industry average (59)
68 - Candlelight Products Limited
59 - Industry AVG
Pay Structure
on an average salary of £32.8k, the company has a lower pay structure (£41.6k)
£32.8k - Candlelight Products Limited
£41.6k - Industry AVG
Efficiency
resulting in sales per employee of £189.5k, this is less efficient (£355.2k)
£189.5k - Candlelight Products Limited
£355.2k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is near the average (50 days)
43 days - Candlelight Products Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 63 days, this is slower than average (31 days)
63 days - Candlelight Products Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 172 days, this is more than average (104 days)
172 days - Candlelight Products Limited
104 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is more cash available to meet short term requirements (10 weeks)
16 weeks - Candlelight Products Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.6%, this is a similar level of debt than the average (50.2%)
47.6% - Candlelight Products Limited
50.2% - Industry AVG
CANDLELIGHT PRODUCTS LIMITED financials
Candlelight Products Limited's latest turnover from May 2023 is £12.9 million and the company has net assets of £5.3 million. According to their latest financial statements, Candlelight Products Limited has 68 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 12,885,000 | 16,407,000 | 16,789,000 | 12,742,000 | 13,993,000 | 16,623,000 | 16,555,000 | 18,131,000 | 21,807,000 | 23,158,000 | 22,927,000 | 20,262,000 | 21,421,000 | 21,154,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | -481,000 | 50,000 | 1,206,000 | 237,000 | -924,000 | 259,000 | -19,000 | 1,214,000 | 1,082,000 | -253,000 | 358,000 | 1,388,000 | 1,164,000 | 1,496,000 |
| Interest Payable | 0 | 0 | 2,000 | 53,000 | 7,000 | 1,000 | 35,000 | 43,000 | 100,000 | 149,000 | 158,000 | 81,000 | 89,000 | 96,000 |
| Interest Receivable | 1,000 | 0 | 0 | 0 | 0 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 |
| Pre-Tax Profit | -480,000 | 50,000 | 1,204,000 | 184,000 | -931,000 | 272,000 | -42,000 | 1,184,000 | 986,000 | -398,000 | 204,000 | 1,307,000 | 1,075,000 | 1,403,000 |
| Tax | 51,000 | -19,000 | -193,000 | -47,000 | 153,000 | -30,000 | 31,000 | -222,000 | -190,000 | 100,000 | 38,000 | -286,000 | -344,000 | -359,000 |
| Profit After Tax | -429,000 | 31,000 | 1,011,000 | 137,000 | -778,000 | 242,000 | -11,000 | 962,000 | 796,000 | -298,000 | 242,000 | 1,021,000 | 731,000 | 1,044,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,905,000 | 350,000 | 0 | 0 | 600,000 | 450,000 | 400,000 |
| Retained Profit | -429,000 | 31,000 | 1,011,000 | 137,000 | -778,000 | 242,000 | -11,000 | -943,000 | 446,000 | -298,000 | 242,000 | 421,000 | 281,000 | 644,000 |
| Employee Costs | 2,232,000 | 2,643,000 | 2,470,000 | 2,994,000 | 2,885,000 | 2,965,000 | 2,928,000 | 3,013,000 | 3,210,000 | 3,412,000 | 3,324,000 | 2,977,000 | 2,775,000 | 3,087,000 |
| Number Of Employees | 68 | 84 | 82 | 104 | 106 | 97 | 98 | 102 | 119 | 137 | 131 | 119 | 104 | 91 |
| EBITDA* | -441,000 | 89,000 | 1,251,000 | 280,000 | -882,000 | 289,000 | 34,000 | 1,288,000 | 1,233,000 | -116,000 | 474,000 | 1,459,000 | 1,198,000 | 1,549,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,138,000 | 2,187,000 | 2,150,000 | 2,167,000 | 2,200,000 | 76,000 | 66,000 | 68,000 | 138,000 | 282,000 | 318,000 | 305,000 | 193,000 | 84,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 16,000 | 16,000 | 16,000 | 16,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,286,000 | 1,618,000 | 1,544,000 | 1,206,000 | 1,303,000 | 1,375,000 |
| Total Fixed Assets | 2,139,000 | 2,188,000 | 2,151,000 | 2,168,000 | 2,201,000 | 77,000 | 67,000 | 69,000 | 1,425,000 | 1,901,000 | 1,878,000 | 1,527,000 | 1,512,000 | 1,475,000 |
| Stock & work in progress | 4,224,000 | 5,700,000 | 4,145,000 | 4,654,000 | 4,086,000 | 3,147,000 | 3,766,000 | 4,264,000 | 5,173,000 | 4,482,000 | 8,829,000 | 6,864,000 | 5,694,000 | 5,673,000 |
| Trade Debtors | 1,540,000 | 886,000 | 1,695,000 | 802,000 | 1,539,000 | 2,039,000 | 1,647,000 | 1,580,000 | 1,692,000 | 2,273,000 | 2,584,000 | 2,429,000 | 2,149,000 | 3,191,000 |
| Group Debtors | 200,000 | 161,000 | 143,000 | 124,000 | 106,000 | 37,000 | 19,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 646,000 | 491,000 | 895,000 | 601,000 | 660,000 | 419,000 | 314,000 | 255,000 | 516,000 | 709,000 | 868,000 | 591,000 | 429,000 | 401,000 |
| Cash | 1,312,000 | 1,544,000 | 1,314,000 | 481,000 | 686,000 | 2,448,000 | 1,766,000 | 1,920,000 | 951,000 | 603,000 | 249,000 | 680,000 | 540,000 | 405,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,922,000 | 8,782,000 | 8,192,000 | 6,662,000 | 7,077,000 | 8,090,000 | 7,512,000 | 8,019,000 | 8,332,000 | 8,067,000 | 12,530,000 | 10,564,000 | 8,812,000 | 9,670,000 |
| total assets | 10,061,000 | 10,970,000 | 10,343,000 | 8,830,000 | 9,278,000 | 8,167,000 | 7,579,000 | 8,088,000 | 9,757,000 | 9,968,000 | 14,408,000 | 12,091,000 | 10,324,000 | 11,145,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,557,000 | 1,883,000 | 1,657,000 | 1,189,000 | 1,272,000 | 1,550,000 | 1,549,000 | 1,248,000 | 930,000 | 1,320,000 | 1,956,000 | 2,280,000 | 1,773,000 | 1,744,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 1,611,000 | 1,782,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 380,000 | 1,202,000 | 2,065,000 | 5,115,000 | 2,512,000 | 1,572,000 | 2,353,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 11,000 | 11,000 | 33,000 | 23,000 | 6,000 | 13,000 | 16,000 | 14,000 |
| other current liabilities | 2,703,000 | 2,857,000 | 2,505,000 | 1,372,000 | 1,703,000 | 1,318,000 | 950,000 | 1,379,000 | 1,569,000 | 950,000 | 1,415,000 | 1,636,000 | 1,744,000 | 2,083,000 |
| total current liabilities | 4,260,000 | 4,740,000 | 4,162,000 | 4,172,000 | 4,757,000 | 2,868,000 | 2,510,000 | 3,018,000 | 3,734,000 | 4,358,000 | 8,492,000 | 6,441,000 | 5,105,000 | 6,194,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 12,000 | 2,000 | 12,000 | 45,000 | 29,000 | 7,000 | 11,000 | 27,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 490,000 | 490,000 | 490,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 39,000 | 39,000 | 21,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24,000 | 22,000 | 8,000 | 0 |
| total long term liabilities | 529,000 | 529,000 | 511,000 | 0 | 0 | 0 | 12,000 | 2,000 | 12,000 | 45,000 | 53,000 | 29,000 | 19,000 | 33,000 |
| total liabilities | 4,789,000 | 5,269,000 | 4,673,000 | 4,172,000 | 4,757,000 | 2,868,000 | 2,522,000 | 3,020,000 | 3,746,000 | 4,403,000 | 8,545,000 | 6,470,000 | 5,124,000 | 6,227,000 |
| net assets | 5,272,000 | 5,701,000 | 5,670,000 | 4,658,000 | 4,521,000 | 5,299,000 | 5,057,000 | 5,068,000 | 6,011,000 | 5,565,000 | 5,863,000 | 5,621,000 | 5,200,000 | 4,918,000 |
| total shareholders funds | 5,272,000 | 5,701,000 | 5,670,000 | 4,658,000 | 4,521,000 | 5,299,000 | 5,057,000 | 5,068,000 | 6,011,000 | 5,565,000 | 5,863,000 | 5,621,000 | 5,200,000 | 4,918,000 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -481,000 | 50,000 | 1,206,000 | 237,000 | -924,000 | 259,000 | -19,000 | 1,214,000 | 1,082,000 | -253,000 | 358,000 | 1,388,000 | 1,164,000 | 1,496,000 |
| Depreciation | 40,000 | 39,000 | 45,000 | 43,000 | 42,000 | 30,000 | 53,000 | 74,000 | 151,000 | 137,000 | 116,000 | 71,000 | 34,000 | 53,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 51,000 | -19,000 | -193,000 | -47,000 | 153,000 | -30,000 | 31,000 | -222,000 | -190,000 | 100,000 | 38,000 | -286,000 | -344,000 | -359,000 |
| Stock | -1,476,000 | 1,555,000 | -509,000 | 568,000 | 939,000 | -619,000 | -498,000 | -909,000 | 691,000 | -4,347,000 | 1,965,000 | 1,170,000 | 21,000 | 5,673,000 |
| Debtors | 848,000 | -1,195,000 | 1,206,000 | -778,000 | -190,000 | 515,000 | 145,000 | -1,659,000 | -1,106,000 | -396,000 | 770,000 | 345,000 | -1,086,000 | 4,967,000 |
| Creditors | -326,000 | 226,000 | 468,000 | -83,000 | -278,000 | 1,000 | 301,000 | 318,000 | -390,000 | -636,000 | -324,000 | 507,000 | 29,000 | 1,744,000 |
| Accruals and Deferred Income | -154,000 | 352,000 | 1,133,000 | -331,000 | 385,000 | 368,000 | -429,000 | -190,000 | 619,000 | -465,000 | -221,000 | -108,000 | -339,000 | 2,083,000 |
| Deferred Taxes & Provisions | 0 | 18,000 | 21,000 | 0 | 0 | 0 | 0 | 0 | 0 | -24,000 | 2,000 | 14,000 | 8,000 | 0 |
| Cash flow from operations | -242,000 | 306,000 | 1,983,000 | 29,000 | -1,371,000 | 732,000 | 290,000 | 3,762,000 | 1,687,000 | 3,602,000 | -2,766,000 | 71,000 | 1,617,000 | -5,623,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | -18,000 | 7,000 | -3,000 | -36,000 | -93,000 | -174,000 | -143,000 | -32,000 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15,000 | 0 | 0 | 0 | 16,000 |
| cash flow from investments | -18,000 | 7,000 | -3,000 | -21,000 | -93,000 | -174,000 | -143,000 | -48,000 | ||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -1,611,000 | -171,000 | 1,782,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | -380,000 | -822,000 | -863,000 | -3,050,000 | 2,603,000 | 940,000 | -781,000 | 2,353,000 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6,000 | 6,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | -23,000 | 10,000 | -32,000 | -23,000 | 33,000 | 15,000 | -7,000 | -14,000 | 41,000 |
| other long term liabilities | 0 | 0 | 490,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 1,000 | 0 | -2,000 | -53,000 | -7,000 | 1,000 | -35,000 | -43,000 | -100,000 | -149,000 | -158,000 | -81,000 | -89,000 | -95,000 |
| cash flow from financing | 1,000 | 0 | -1,122,000 | -224,000 | 1,775,000 | -22,000 | -405,000 | -897,000 | -986,000 | -3,166,000 | 2,460,000 | 852,000 | -889,000 | 6,579,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -232,000 | 230,000 | 833,000 | -205,000 | -1,762,000 | 682,000 | -154,000 | 969,000 | 348,000 | 354,000 | -431,000 | 140,000 | 135,000 | 405,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -232,000 | 230,000 | 833,000 | -205,000 | -1,762,000 | 682,000 | -154,000 | 969,000 | 348,000 | 354,000 | -431,000 | 140,000 | 135,000 | 405,000 |
candlelight products limited Credit Report and Business Information
Candlelight Products Limited Competitor Analysis
Perform a competitor analysis for candlelight products limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in S65 area or any other competitors across 12 key performance metrics.
candlelight products limited Ownership
CANDLELIGHT PRODUCTS LIMITED group structure
Candlelight Products Limited has 9 subsidiary companies.
Ultimate parent company
1 parent
CANDLELIGHT PRODUCTS LIMITED
01190834
9 subsidiaries
candlelight products limited directors
Candlelight Products Limited currently has 6 directors. The longest serving directors include Mr Michael Winch (Sep 1991) and Ms Susan Mayo (Oct 1993).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Winch | 77 years | Sep 1991 | - | Director | |
| Ms Susan Mayo | 66 years | Oct 1993 | - | Director | |
| Mr Mark Crosthwaite | 61 years | Jan 1994 | - | Director | |
| Mr Michael Freedman | 85 years | May 2009 | - | Director | |
| Mr Benjamin Winch | 47 years | Oct 2010 | - | Director | |
| Mr Sean Metham | England | 53 years | Jun 2018 | - | Director |
P&L
May 2023turnover
12.9m
-21%
operating profit
-481k
-1062%
gross margin
30.9%
-2.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
5.3m
-0.08%
total assets
10.1m
-0.08%
cash
1.3m
-0.15%
net assets
Total assets minus all liabilities
candlelight products limited company details
company number
01190834
Type
Private limited with Share Capital
industry
46499 - Wholesale of household goods (other than musical instruments) n.e.c.
incorporation date
November 1974
age
50
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
STREETS AUDIT LLP
address
ustun house waddington way, aldwarke, rotherham, south yorkshire, S65 3SH
Bank
HSBC BANK PLC
Legal Advisor
-
candlelight products 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 26 charges/mortgages relating to candlelight products limited. Currently there are 7 open charges and 19 have been satisfied in the past.
candlelight products 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.
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candlelight products limited Companies House Filings - See Documents
| date | description | view/download |
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