cure it composites limited
cure it composites limited Company Information
Company Number
01797547
Next Accounts
Dec 2025
Shareholders
giants hall holdings limited
Group Structure
View All
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Registered Address
giants hall willow road, beech hill, wigan, lancashire, WN6 8RY
Website
www.gandbnw.co.ukcure it composites limited Estimated Valuation
Pomanda estimates the enterprise value of CURE IT COMPOSITES LIMITED at £19.7m based on a Turnover of £27.6m and 0.72x industry multiple (adjusted for size and gross margin).
cure it composites limited Estimated Valuation
Pomanda estimates the enterprise value of CURE IT COMPOSITES LIMITED at £27.2m based on an EBITDA of £3.8m and a 7.16x industry multiple (adjusted for size and gross margin).
cure it composites limited Estimated Valuation
Pomanda estimates the enterprise value of CURE IT COMPOSITES LIMITED at £20m based on Net Assets of £9.4m and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cure It Composites Limited Overview
Cure It Composites Limited is a live company located in wigan, WN6 8RY with a Companies House number of 01797547. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in March 1984, it's largest shareholder is giants hall holdings limited with a 100% stake. Cure It Composites Limited is a mature, large sized company, Pomanda has estimated its turnover at £27.6m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Cure It Composites Limited Health Check
Pomanda's financial health check has awarded Cure It Composites 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
8 Strong
2 Regular
2 Weak
Size
annual sales of £27.6m, make it larger than the average company (£7.3m)
£27.6m - Cure It Composites Limited
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (11.2%)
5% - Cure It Composites Limited
11.2% - Industry AVG
Production
with a gross margin of 32.5%, this company has a lower cost of product (25%)
32.5% - Cure It Composites Limited
25% - Industry AVG
Profitability
an operating margin of 11.6% make it more profitable than the average company (6.5%)
11.6% - Cure It Composites Limited
6.5% - Industry AVG
Employees
with 101 employees, this is above the industry average (30)
101 - Cure It Composites Limited
30 - Industry AVG
Pay Structure
on an average salary of £43.2k, the company has an equivalent pay structure (£48.8k)
£43.2k - Cure It Composites Limited
£48.8k - Industry AVG
Efficiency
resulting in sales per employee of £272.8k, this is more efficient (£197.8k)
£272.8k - Cure It Composites Limited
£197.8k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is earlier than average (54 days)
42 days - Cure It Composites Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is close to average (36 days)
35 days - Cure It Composites Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 63 days, this is more than average (13 days)
63 days - Cure It Composites Limited
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 41 weeks, this is more cash available to meet short term requirements (21 weeks)
41 weeks - Cure It Composites Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.4%, this is a lower level of debt than the average (60.9%)
31.4% - Cure It Composites Limited
60.9% - Industry AVG
CURE IT COMPOSITES LIMITED financials
Cure It Composites Limited's latest turnover from March 2024 is £27.6 million and the company has net assets of £9.4 million. According to their latest financial statements, Cure It Composites Limited has 101 employees and maintains cash reserves of £3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 27,557,419 | 26,683,763 | 28,643,879 | 24,014,755 | 22,817,516 | 23,983,899 | 20,954,666 | 19,432,845 | 17,325,542 | 15,579,632 | 12,758,038 | 9,185,166 | 7,674,872 | 6,720,078 | 5,947,927 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 18,602,504 | 20,453,149 | 21,142,979 | 15,804,793 | 16,549,681 | 18,135,064 | 15,599,642 | 13,226,860 | 11,518,044 | 10,754,034 | 8,019,121 | 5,762,393 | 4,799,570 | 3,862,268 | 3,290,057 |
| Gross Profit | 8,954,915 | 6,230,614 | 7,500,900 | 8,209,962 | 6,267,835 | 5,848,835 | 5,355,024 | 6,205,985 | 5,807,498 | 4,825,598 | 4,738,917 | 3,422,773 | 2,875,302 | 2,857,810 | 2,657,870 |
| Admin Expenses | 5,755,693 | 4,639,273 | 5,557,378 | 4,016,747 | 4,707,460 | 4,765,660 | 5,182,256 | 4,684,036 | 4,186,748 | 3,642,179 | 3,063,340 | 2,357,680 | 2,185,758 | 2,103,258 | 2,046,025 |
| Operating Profit | 3,199,222 | 1,591,341 | 1,943,522 | 4,193,215 | 1,560,375 | 1,083,175 | 172,768 | 1,521,949 | 1,620,750 | 1,183,419 | 1,675,577 | 1,065,093 | 689,544 | 754,552 | 611,845 |
| Interest Payable | 64,042 | 104,207 | 9,042 | 8,986 | 13,730 | 16,715 | 14,988 | 22,977 | 30,714 | 31,946 | 18,142 | 15,518 | 15,383 | 15,773 | 33,002 |
| Interest Receivable | 51,621 | 9,729 | 28 | 406 | 3,480 | 2,692 | 585 | 2,833 | 5,469 | 5,576 | 7,062 | 10,790 | 6,397 | 4,271 | 10,068 |
| Pre-Tax Profit | 3,186,801 | 1,496,863 | 1,934,508 | 4,184,635 | 1,550,125 | 1,069,152 | 158,365 | 1,501,805 | 1,595,505 | 1,157,049 | 1,664,497 | 1,060,365 | 680,558 | 743,050 | 603,214 |
| Tax | -962,401 | -305,992 | -416,160 | -834,824 | -312,503 | -218,086 | -42,149 | -332,511 | -344,125 | -279,801 | -360,969 | -225,195 | -111,068 | -199,859 | -174,007 |
| Profit After Tax | 2,224,400 | 1,190,871 | 1,518,348 | 3,349,811 | 1,237,622 | 851,066 | 116,216 | 1,169,294 | 1,251,380 | 877,248 | 1,303,528 | 835,170 | 569,490 | 543,191 | 429,207 |
| Dividends Paid | 483,600 | 572,000 | 653,000 | 1,215,148 | 456,613 | 378,235 | 120,000 | 91,500 | 87,700 | 13,700 | 24,000 | 79,000 | 40,000 | 40,000 | 40,000 |
| Retained Profit | 1,731,926 | 603,031 | 762,039 | 1,894,820 | 766,182 | 448,459 | -3,784 | 1,077,794 | 1,124,004 | 833,632 | 1,241,233 | 707,087 | 486,683 | 579,363 | 305,787 |
| Employee Costs | 4,366,478 | 3,761,438 | 3,926,100 | 3,600,815 | 3,752,929 | 3,753,936 | 3,980,688 | 3,612,863 | 3,162,600 | 2,721,379 | 2,232,569 | 1,813,507 | 1,644,535 | 1,395,105 | 1,405,373 |
| Number Of Employees | 101 | 89 | 89 | 94 | 100 | 104 | 96 | 86 | 83 | 81 | 77 | 58 | 50 | 48 | 51 |
| EBITDA* | 3,796,160 | 2,142,349 | 2,529,186 | 4,824,984 | 2,102,536 | 1,637,352 | 457,035 | 1,986,446 | 1,999,243 | 1,527,691 | 1,925,090 | 1,276,883 | 882,678 | 931,895 | 763,482 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,326,881 | 2,654,850 | 2,890,386 | 3,105,538 | 3,166,359 | 3,073,000 | 3,070,459 | 2,860,537 | 3,059,668 | 2,911,713 | 2,291,513 | 1,932,507 | 1,740,104 | 1,654,099 | 1,483,943 |
| Intangible Assets | 341,895 | 5,768 | 11,536 | 17,304 | 23,072 | 28,840 | 34,608 | ||||||||
| Investments & Other | 48,577 | 138,420 | 153,248 | 177,620 | 194,897 | 312,686 | 335,112 | 272,868 | 101,412 | 18,495 | |||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 3,668,776 | 2,654,850 | 2,890,386 | 3,154,115 | 3,304,779 | 3,226,248 | 3,248,079 | 3,055,434 | 3,372,354 | 3,252,593 | 2,575,917 | 2,051,223 | 1,781,671 | 1,682,939 | 1,518,551 |
| Stock & work in progress | 3,211,979 | 2,934,229 | 4,102,990 | 2,678,786 | 2,821,382 | 3,880,460 | 2,848,279 | 2,403,454 | 2,428,302 | 2,260,065 | 1,891,283 | 1,245,854 | 988,165 | 895,408 | 739,699 |
| Trade Debtors | 3,230,376 | 3,144,558 | 3,863,720 | 3,837,006 | 2,735,530 | 2,884,190 | 3,395,674 | 3,512,289 | 3,250,245 | 2,596,652 | 2,385,390 | 1,873,930 | 1,362,299 | 1,215,765 | 943,345 |
| Group Debtors | 412,072 | 69,527 | 290,373 | ||||||||||||
| Misc Debtors | 154,863 | 162,170 | 408,206 | 254,930 | 530,835 | 247,201 | 272,346 | 227,730 | 263,076 | 263,479 | 133,353 | 130,668 | 84,870 | 76,814 | 40,600 |
| Cash | 3,011,963 | 2,993,625 | 711,530 | 5,180,562 | 3,497,190 | 2,494,319 | 2,080,949 | 2,892,363 | 1,684,058 | 1,111,006 | 1,165,471 | 1,131,405 | 1,148,267 | 951,077 | 1,171,880 |
| misc current assets | 7,465 | 118,946 | |||||||||||||
| total current assets | 10,021,253 | 9,304,109 | 9,086,446 | 11,951,284 | 9,584,937 | 9,513,635 | 8,716,194 | 9,035,836 | 7,625,681 | 6,521,575 | 5,575,497 | 4,381,857 | 3,583,601 | 3,139,064 | 2,895,524 |
| total assets | 13,690,029 | 11,958,959 | 11,976,832 | 15,105,399 | 12,889,716 | 12,739,883 | 11,964,273 | 12,091,270 | 10,998,035 | 9,774,168 | 8,151,414 | 6,433,080 | 5,365,272 | 4,822,003 | 4,414,075 |
| Bank overdraft | 79,059 | 15,396 | 88,470 | ||||||||||||
| Bank loan | 400,000 | 400,000 | 32,533 | 32,533 | 32,533 | 60,875 | 108,183 | 167,061 | 198,528 | 341,834 | |||||
| Trade Creditors | 1,802,112 | 1,484,076 | 1,691,606 | 936,780 | 1,184,474 | 2,024,515 | 1,282,123 | 1,271,772 | 1,070,401 | 986,855 | 1,053,721 | 804,467 | 633,076 | 438,734 | 406,740 |
| Group/Directors Accounts | 25,125 | 27,249 | 282,933 | 23,920 | 3,674 | 4,284 | 13,939 | 32,847 | 67,287 | 83,698 | 27,285 | 43,338 | 43,326 | ||
| other short term finances | 290,373 | ||||||||||||||
| hp & lease commitments | 86,810 | 45,914 | 6,292 | 2,719 | 9,500 | 55,423 | 59,381 | 66,294 | 84,126 | 64,240 | 75,315 | 32,348 | 1,250 | ||
| other current liabilities | 1,903,154 | 852,569 | 1,103,428 | 1,732,882 | 1,140,760 | 735,711 | 1,054,826 | 1,237,331 | 1,194,751 | 802,769 | 711,723 | 493,779 | 309,840 | 392,904 | 359,870 |
| total current liabilities | 3,817,201 | 2,809,808 | 3,201,326 | 2,955,314 | 2,367,267 | 2,872,102 | 2,432,537 | 2,640,556 | 2,471,400 | 2,344,145 | 2,106,574 | 1,756,126 | 1,049,260 | 890,372 | 899,656 |
| loans | 1,166,667 | 1,566,667 | 268,399 | 300,933 | 333,466 | 366,000 | 498,533 | 531,066 | 100,000 | 377,824 | 452,324 | 456,324 | |||
| hp & lease commitments | 170,408 | 161,153 | 16,255 | 2,719 | 42,864 | 28,523 | 20,463 | 57,560 | 68,666 | 40,435 | |||||
| Accruals and Deferred Income | 40,000 | ||||||||||||||
| other liabilities | 4,000 | 4,000 | |||||||||||||
| provisions | 311,467 | 171,178 | 121,302 | 165,574 | 161,640 | 200,475 | 294,697 | 188,602 | 186,533 | 144,295 | 51,391 | 52,969 | 61,725 | 62,829 | 60,808 |
| total long term liabilities | 481,875 | 1,498,998 | 1,744,224 | 165,574 | 432,758 | 544,272 | 656,686 | 554,602 | 705,529 | 732,921 | 220,057 | 93,404 | 439,549 | 519,153 | 521,132 |
| total liabilities | 4,299,076 | 4,308,806 | 4,945,550 | 3,120,888 | 2,800,025 | 3,416,374 | 3,089,223 | 3,195,158 | 3,176,929 | 3,077,066 | 2,326,631 | 1,849,530 | 1,488,809 | 1,409,525 | 1,420,788 |
| net assets | 9,355,903 | 7,606,229 | 7,003,198 | 11,984,511 | 10,089,691 | 9,323,509 | 8,875,050 | 8,896,112 | 7,821,106 | 6,697,102 | 5,824,783 | 4,583,550 | 3,876,463 | 3,389,780 | 2,810,417 |
| total shareholders funds | 9,355,903 | 7,606,229 | 7,003,198 | 11,984,511 | 10,089,691 | 9,323,509 | 8,875,050 | 8,896,112 | 7,821,106 | 6,697,102 | 5,824,783 | 4,583,550 | 3,876,463 | 3,389,780 | 2,810,417 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 3,199,222 | 1,591,341 | 1,943,522 | 4,193,215 | 1,560,375 | 1,083,175 | 172,768 | 1,521,949 | 1,620,750 | 1,183,419 | 1,675,577 | 1,065,093 | 689,544 | 754,552 | 611,845 |
| Depreciation | 583,949 | 551,008 | 585,664 | 631,769 | 542,161 | 554,177 | 284,267 | 464,497 | 372,725 | 338,504 | 203,745 | 206,022 | 187,366 | 171,575 | 119,321 |
| Amortisation | 12,989 | 5,768 | 5,768 | 45,768 | 5,768 | 5,768 | 5,768 | 32,316 | |||||||
| Tax | -962,401 | -305,992 | -416,160 | -834,824 | -312,503 | -218,086 | -42,149 | -332,511 | -344,125 | -279,801 | -360,969 | -225,195 | -111,068 | -199,859 | -174,007 |
| Stock | 277,750 | -1,168,761 | 1,424,204 | -142,596 | -1,059,078 | 1,032,181 | 444,825 | -24,848 | 168,237 | 368,782 | 645,429 | 257,689 | 92,757 | 155,709 | 739,699 |
| Debtors | 421,056 | -895,671 | 179,990 | 825,571 | 134,974 | -536,629 | -71,999 | 226,698 | 362,817 | 631,761 | 514,145 | 557,429 | 154,590 | 308,634 | 983,945 |
| Creditors | 318,036 | -207,530 | 754,826 | -247,694 | -840,041 | 742,392 | 10,351 | 201,371 | 83,546 | -66,866 | 249,254 | 171,391 | 194,342 | 31,994 | 406,740 |
| Accruals and Deferred Income | 1,050,585 | -290,859 | -589,454 | 592,122 | 405,049 | -319,115 | -182,505 | 42,580 | 391,982 | 91,046 | 217,944 | 183,939 | -83,064 | 33,034 | 359,870 |
| Deferred Taxes & Provisions | 140,289 | 49,876 | -44,272 | 3,934 | -38,835 | -94,222 | 106,095 | 2,069 | 42,238 | 92,904 | -1,578 | -8,756 | -1,104 | 2,021 | 60,808 |
| Cash flow from operations | 3,643,863 | 3,452,276 | 629,932 | 3,655,547 | 2,240,310 | 1,252,769 | -23,999 | 1,698,105 | 1,641,830 | 364,431 | 870,167 | 583,144 | 634,437 | 334,742 | -306,751 |
| Investing Activities | |||||||||||||||
| capital expenditure | -549,165 | -761,853 | -139,668 | -668,674 | -929,785 | -840,556 | -392,406 | ||||||||
| Change in Investments | -48,577 | -89,843 | -14,828 | -24,372 | -17,277 | -117,789 | -22,426 | 62,244 | 171,456 | 82,917 | 18,495 | ||||
| cash flow from investments | 48,577 | 89,843 | 14,828 | -524,793 | -744,576 | -21,879 | -646,248 | -992,029 | -1,012,012 | -475,323 | |||||
| Financing Activities | |||||||||||||||
| Bank loans | -400,000 | 400,000 | -32,533 | -28,342 | -47,308 | -58,878 | -31,467 | -143,306 | 341,834 | ||||||
| Group/Directors Accounts | -2,124 | 27,249 | -282,933 | 282,933 | -23,920 | 20,246 | -610 | -9,655 | -18,908 | -34,440 | -16,411 | 56,413 | -16,053 | 12 | 43,326 |
| Other Short Term Loans | -290,373 | 290,373 | |||||||||||||
| Long term loans | -1,166,667 | -400,000 | 1,566,667 | -268,399 | -32,534 | -32,533 | -32,534 | -132,533 | -32,533 | 431,066 | 100,000 | -377,824 | -74,500 | -4,000 | 456,324 |
| Hire Purchase and Lease Commitments | 50,151 | 184,520 | 19,828 | -9,500 | -86,068 | 10,383 | 21,610 | -38,295 | -17,211 | -22,181 | 71,198 | 72,783 | -1,250 | 1,250 | |
| other long term liabilities | -4,000 | 4,000 | |||||||||||||
| share issue | |||||||||||||||
| interest | -12,421 | -94,478 | -9,014 | -8,580 | -10,250 | -14,023 | -14,403 | -20,144 | -25,245 | -26,370 | -11,080 | -4,728 | -8,986 | -11,502 | -22,934 |
| cash flow from financing | -1,513,313 | -282,709 | -4,048,804 | -36,079 | -152,772 | -15,927 | -71,557 | -250,723 | -443,148 | 645,668 | 401 | 88,478 | -103,539 | -16,740 | 2,986,596 |
| cash and cash equivalents | |||||||||||||||
| cash | 18,338 | 2,282,095 | -4,469,032 | 1,683,372 | 1,002,871 | 413,370 | -811,414 | 1,208,305 | 573,052 | -54,465 | 34,066 | -16,862 | 197,190 | -220,803 | 1,171,880 |
| overdraft | -79,059 | 63,663 | -73,074 | 88,470 | |||||||||||
| change in cash | 18,338 | 2,282,095 | -4,469,032 | 1,683,372 | 1,002,871 | 413,370 | -811,414 | 1,208,305 | 573,052 | -54,465 | 34,066 | 62,197 | 133,527 | -147,729 | 1,083,410 |
cure it composites limited Credit Report and Business Information
Cure It Composites Limited Competitor Analysis
Perform a competitor analysis for cure it composites limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in WN6 area or any other competitors across 12 key performance metrics.
cure it composites limited Ownership
CURE IT COMPOSITES LIMITED group structure
Cure It Composites Limited has 1 subsidiary company.
Ultimate parent company
1 parent
CURE IT COMPOSITES LIMITED
01797547
1 subsidiary
cure it composites limited directors
Cure It Composites Limited currently has 4 directors. The longest serving directors include Mr John Gill (Sep 1991) and Mr Matthew Chialton (Apr 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Gill | 74 years | Sep 1991 | - | Director | |
| Mr Matthew Chialton | United Kingdom | 45 years | Apr 2012 | - | Director |
| Mr David Moorcroft | England | 37 years | Aug 2023 | - | Director |
| Ms Emma Horrobin | United Kingdom | 50 years | Sep 2024 | - | Director |
P&L
March 2024turnover
27.6m
+3%
operating profit
3.2m
+101%
gross margin
32.5%
+39.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
9.4m
+0.23%
total assets
13.7m
+0.14%
cash
3m
+0.01%
net assets
Total assets minus all liabilities
cure it composites limited company details
company number
01797547
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
March 1984
age
41
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
g. & b. (north west) limited (September 2024)
g and b trailaway limited (September 1987)
accountant
-
auditor
MCDADE ROBERTS ACCOUNTANTS LTD
address
giants hall willow road, beech hill, wigan, lancashire, WN6 8RY
Bank
SVENSKA HANDELSBANKEN AB
Legal Advisor
-
cure it composites 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 5 charges/mortgages relating to cure it composites limited. Currently there are 1 open charges and 4 have been satisfied in the past.
cure it composites 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 CURE IT COMPOSITES LIMITED. This can take several minutes, an email will notify you when this has completed.
cure it composites limited Companies House Filings - See Documents
| date | description | view/download |
|---|
