carmelcrest limited

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carmelcrest limited Company Information

Share CARMELCREST LIMITED
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Company Number

01731918

Registered Address

suite 20, block h, peek business centre, bishop's stortford, CM23 5RG

Industry

Development of building projects

 

Telephone

01992718231

Next Accounts Due

May 2025

Group Structure

View All

Directors

Raymond Spooner32 Years

Benjamin Spooner9 Years

View All

Shareholders

carmelcrest holdings ltd 100%

carmelcrest limited Estimated Valuation

£4.7m

Pomanda estimates the enterprise value of CARMELCREST LIMITED at £4.7m based on a Turnover of £10.2m and 0.47x industry multiple (adjusted for size and gross margin).

carmelcrest limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CARMELCREST LIMITED at £0 based on an EBITDA of £-1.3m and a 4.02x industry multiple (adjusted for size and gross margin).

carmelcrest limited Estimated Valuation

£2.7m

Pomanda estimates the enterprise value of CARMELCREST LIMITED at £2.7m based on Net Assets of £2.2m and 1.26x industry multiple (adjusted for liquidity).

Valuation Calculator
This valuation is estimated based on financial data from August 2023 

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Carmelcrest Limited Overview

Carmelcrest Limited is a live company located in bishop's stortford, CM23 5RG with a Companies House number of 01731918. It operates in the development of building projects sector, SIC Code 41100. Founded in June 1983, it's largest shareholder is carmelcrest holdings ltd with a 100% stake. Carmelcrest Limited is a mature, mid sized company, Pomanda has estimated its turnover at £10.2m with high growth in recent years.

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Carmelcrest Limited Health Check

Pomanda's financial health check has awarded Carmelcrest Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

2 Regular

positive_score

2 Weak

size

Size

annual sales of £10.2m, make it larger than the average company (£2.4m)

£10.2m - Carmelcrest Limited

£2.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (3%)

21% - Carmelcrest Limited

3% - Industry AVG

production

Production

with a gross margin of 26%, this company has a comparable cost of product (26%)

26% - Carmelcrest Limited

26% - Industry AVG

profitability

Profitability

an operating margin of -13.5% make it less profitable than the average company (7.3%)

-13.5% - Carmelcrest Limited

7.3% - Industry AVG

employees

Employees

with 24 employees, this is above the industry average (6)

24 - Carmelcrest Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.7k, the company has an equivalent pay structure (£49.7k)

£49.7k - Carmelcrest Limited

£49.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £424.4k, this is more efficient (£296.3k)

£424.4k - Carmelcrest Limited

£296.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 40 days, this is later than average (26 days)

40 days - Carmelcrest Limited

26 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 55 days, this is slower than average (30 days)

55 days - Carmelcrest Limited

30 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 56 days, this is less than average (168 days)

56 days - Carmelcrest Limited

168 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (13 weeks)

25 weeks - Carmelcrest Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 57.5%, this is a lower level of debt than the average (73.5%)

57.5% - Carmelcrest Limited

73.5% - Industry AVG

carmelcrest limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Carmelcrest Limited Competitor Analysis

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Perform a competitor analysis for carmelcrest limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

carmelcrest limited Ownership

CARMELCREST LIMITED group structure

Carmelcrest Limited has no subsidiary companies.

Ultimate parent company

CARMELCREST LIMITED

01731918

CARMELCREST LIMITED Shareholders

carmelcrest holdings ltd 100%

carmelcrest limited directors

Carmelcrest Limited currently has 6 directors. The longest serving directors include Mr Raymond Spooner (Jan 1992) and Mr Benjamin Spooner (Jun 2014).

officercountryagestartendrole
Mr Raymond SpoonerEngland63 years Jan 1992- Director
Mr Benjamin SpoonerEngland34 years Jun 2014- Director
Mr Stephen SpoonerUnited Kingdom36 years Jun 2014- Director
Mr Luke SpoonerEngland27 years Feb 2019- Director
Mr Adam SpoonerUnited Kingdom32 years Mar 2020- Director
Mr Alexander SpoonerUnited Kingdom22 years Mar 2020- Director

CARMELCREST LIMITED financials

EXPORTms excel logo

Carmelcrest Limited's latest turnover from August 2023 is estimated at £10.2 million and the company has net assets of £2.2 million. According to their latest financial statements, Carmelcrest Limited has 24 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Turnover10,185,85810,406,4195,868,0235,776,1018,076,5518,660,79112,246,44513,841,6495,764,7713,786,8454,118,6252,677,1462,191,7142,868,1982,499,624
Other Income Or Grants000000000000000
Cost Of Sales7,541,5277,861,9234,521,5114,388,1195,903,8626,216,9248,531,6499,666,3644,698,2303,089,8903,145,4182,165,3461,802,1712,067,6152,096,185
Gross Profit2,644,3312,544,4961,346,5121,387,9822,172,6892,443,8673,714,7964,175,2851,066,541696,955973,207511,800389,543800,583403,439
Admin Expenses4,019,0591,784,538485,231567,0481,721,5092,099,8723,384,3904,056,514651,400530,550534,054275,955310,990796,062327,586
Operating Profit-1,374,728759,958861,281820,934451,180343,995330,406118,771415,141166,405439,153235,84578,5534,52175,853
Interest Payable0018,42324,99916,88335,40623,88914,36417,60722,81825,9857,67110,0094,92413,665
Interest Receivable76,33529,2421,7151,1425,1234,9191,8401,7080000000
Pre-Tax Profit-1,298,393789,200844,573797,078439,420313,507308,357106,115569,500143,587417,961228,17468,544062,188
Tax0-149,948-160,469-151,445-83,490-59,566-58,588-21,223-101,968-22,447-89,145-46,268-17,1370-15,401
Profit After Tax-1,298,393639,252684,104645,633355,930253,941249,76984,892467,532121,140328,816181,90651,407046,787
Dividends Paid00000000360,86284,183105,19289,12875,2930105,003
Retained Profit-1,298,393639,252684,104645,633355,930253,941249,76984,892106,67036,957223,62492,778-23,8860-58,216
Employee Costs1,193,4321,072,3681,065,387864,087869,1531,316,5271,911,9132,064,785748,936520,754574,837396,006346,490470,3800
Number Of Employees24242420203146511914161110140
EBITDA*-1,329,943799,413875,025823,993451,180343,995365,626139,927435,946179,895448,146246,08990,42315,47485,805

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets142,513146,646105,353449,465431,879433,9271,056,250648,994646,908648,592618,80331,03035,61232,85921,980
Intangible Assets000000019,20024,000000000
Investments & Other000000000495,000495,000495,000495,000495,000495,000
Debtors (Due After 1 year)002,7002,70000000000000
Total Fixed Assets142,513146,646108,053452,165431,879433,9271,056,250668,194670,9081,143,5921,113,803526,030530,612527,859516,980
Stock & work in progress1,176,8091,711,4461,154,755589,727818,830858,501745,0001,187,318682,922273,557412,7392,15422,00087,434275,779
Trade Debtors1,139,5041,227,007498,454534,304850,760924,2521,628,942929,1661,135,7361,052,9371,322,095569,663551,411274,184353,941
Group Debtors15,30500000000000000
Misc Debtors1,204,7402,022,0281,384,0791,186,8821,162,187363,1920030,58427,78130,2019,89526,503012,069
Cash1,380,4401,672,9411,669,0121,760,559523,846842,160469,5941,002,332363,866277,551151,677224,95635,83451,094109,895
misc current assets000000000000000
total current assets4,916,7986,633,4224,706,3004,071,4723,355,6232,988,1052,843,5363,118,8162,213,1081,631,8261,916,712806,668635,748412,712751,684
total assets5,059,3116,780,0684,814,3534,523,6373,787,5023,422,0323,899,7863,787,0102,884,0162,775,4183,030,5151,332,6981,166,360940,5711,268,664
Bank overdraft0001,704079,79079,79000000000
Bank loan000000000000000
Trade Creditors 1,144,3011,424,270882,371750,7261,082,4131,008,3351,008,3352,718,101939,236838,792909,210500,826340,558469,963474,573
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities1,697,6131,856,7741,100,1191,010,0911,013,7231,000,0761,251,9300953,907692,908902,256302,160384,4350303,122
total current liabilities2,841,9143,281,0441,982,4901,762,5212,096,1362,088,2012,340,0552,718,1011,893,1431,531,7001,811,466802,986724,993469,963777,695
loans000602,317215,606204,828684,6690459,645593,679605,967140,254144,6870151,500
hp & lease commitments000009,1739,17300000000
Accruals and Deferred Income000000000000000
other liabilities35,20348,30915,66026,700000452,78900000150,0400
provisions29,87204,7404,74000000000000
total long term liabilities65,07548,30920,400633,757215,606214,001693,842452,789459,645593,679605,967140,254144,687150,040151,500
total liabilities2,906,9893,329,3532,002,8902,396,2782,311,7422,302,2023,033,8973,170,8902,352,7882,125,3792,417,433943,240869,680620,003929,195
net assets2,152,3223,450,7152,811,4632,127,3591,475,7601,119,830865,889616,120531,228650,039613,082389,458296,680320,568339,469
total shareholders funds2,152,3223,450,7152,811,4632,127,3591,475,7601,119,830865,889616,120531,228650,039613,082389,458296,680320,568339,469
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit-1,374,728759,958861,281820,934451,180343,995330,406118,771415,141166,405439,153235,84578,5534,52175,853
Depreciation44,78539,45513,7443,0590016,02016,35620,80513,4908,99310,24411,87010,9539,952
Amortisation00000019,2004,8000000000
Tax0-149,948-160,469-151,445-83,490-59,566-58,588-21,223-101,968-22,447-89,145-46,268-17,1370-15,401
Stock-534,637556,691565,028-229,103-39,671113,501-442,318504,396409,365-139,182410,585-19,846-65,434-188,345275,779
Debtors-889,4861,363,802161,347-289,061725,503-341,498699,776-237,15485,602-271,578772,7381,644303,730-91,826366,010
Creditors-279,969541,899131,645-331,68774,0780-1,709,7661,778,865100,444-70,418408,384160,268-129,405-4,610474,573
Accruals and Deferred Income-159,161756,65590,028-3,63213,647-251,8541,251,930-953,907260,999-209,348600,096-82,275384,435-303,122303,122
Deferred Taxes & Provisions29,872-4,74004,74000000000000
Cash flow from operations-315,07822,786209,854860,133-230,417260,572-408,256676,420200,454288,442184,158296,01690,020-12,087206,310
Investing Activities
capital expenditure-40,652-80,748330,368-20,6452,048622,323-423,276-18,442-43,121-43,279-596,766-5,662-14,623-21,832-31,932
Change in Investments00000000-495,00000000495,000
cash flow from investments-40,652-80,748330,368-20,6452,048622,323-423,276-18,442451,879-43,279-596,766-5,662-14,623-21,832-526,932
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans00-602,317386,71110,778-479,841684,669-459,645-134,034-12,288465,713-4,433144,687-151,500151,500
Hire Purchase and Lease Commitments0000-9,17309,17300000000
other long term liabilities-13,10632,649-11,04026,70000-452,789452,7890000-150,040150,0400
share issue0005,9660000-225,481000-2-18,901397,685
interest76,33529,242-16,708-23,857-11,760-30,487-22,049-12,656-17,607-22,818-25,985-7,671-10,009-4,924-13,665
cash flow from financing63,22961,891-630,065395,520-10,155-510,328219,004-19,512-377,122-35,106439,728-12,104-15,364-25,285535,520
cash and cash equivalents
cash-292,5013,929-91,5471,236,713-318,314372,566-532,738638,46686,315125,874-73,279189,122-15,260-58,801109,895
overdraft00-1,7041,704-79,790079,79000000000
change in cash-292,5013,929-89,8431,235,009-238,524372,566-612,528638,46686,315125,874-73,279189,122-15,260-58,801109,895

P&L

August 2023

turnover

10.2m

-2%

operating profit

-1.4m

0%

gross margin

26%

+6.17%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

August 2023

net assets

2.2m

-0.38%

total assets

5.1m

-0.25%

cash

1.4m

-0.17%

net assets

Total assets minus all liabilities

carmelcrest limited company details

company number

01731918

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

June 1983

age

41

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

UK

address

suite 20, block h, peek business centre, bishop's stortford, CM23 5RG

last accounts submitted

August 2023

carmelcrest 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 12 charges/mortgages relating to carmelcrest limited. Currently there are 0 open charges and 12 have been satisfied in the past.

charges

carmelcrest limited Companies House Filings - See Documents

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