carisway facilities management limited
carisway facilities management limited Company Information
Company Number
01799249
Website
carisway.co.ukRegistered Address
110 cannon street, london, EC4N 6EU
Industry
Cleaning services (other than disinfecting and extermination services) n.e.c.
Telephone
-
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
mr walter edward pinhorn 50%
mrs cynthia anne pinhorn 50%
carisway facilities management limited Estimated Valuation
Pomanda estimates the enterprise value of CARISWAY FACILITIES MANAGEMENT LIMITED at £1.9m based on a Turnover of £5.5m and 0.34x industry multiple (adjusted for size and gross margin).
carisway facilities management limited Estimated Valuation
Pomanda estimates the enterprise value of CARISWAY FACILITIES MANAGEMENT LIMITED at £252.4k based on an EBITDA of £112.4k and a 2.25x industry multiple (adjusted for size and gross margin).
carisway facilities management limited Estimated Valuation
Pomanda estimates the enterprise value of CARISWAY FACILITIES MANAGEMENT LIMITED at £57.7k based on Net Assets of £26.3k and 2.2x industry multiple (adjusted for liquidity).
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Carisway Facilities Management Limited Overview
Carisway Facilities Management Limited is a dissolved company that was located in london, EC4N 6EU with a Companies House number of 01799249. It operated in the other cleaning services sector, SIC Code 81299. Founded in March 1984, it's largest shareholder was mr walter edward pinhorn with a 50% stake. The last turnover for Carisway Facilities Management Limited was estimated at £5.5m.
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Carisway Facilities Management Limited Health Check
Pomanda's financial health check has awarded Carisway Facilities Management Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £5.5m, make it larger than the average company (£296.5k)
- Carisway Facilities Management Limited
£296.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (5.7%)
- Carisway Facilities Management Limited
5.7% - Industry AVG
Production
with a gross margin of 24.8%, this company has a higher cost of product (34.1%)
- Carisway Facilities Management Limited
34.1% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (6.8%)
- Carisway Facilities Management Limited
6.8% - Industry AVG
Employees
with 102 employees, this is below the industry average (289)
- Carisway Facilities Management Limited
289 - Industry AVG
Pay Structure
on an average salary of £10.9k, the company has an equivalent pay structure (£10.9k)
- Carisway Facilities Management Limited
£10.9k - Industry AVG
Efficiency
resulting in sales per employee of £54k, this is more efficient (£25.2k)
- Carisway Facilities Management Limited
£25.2k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is later than average (53 days)
- Carisway Facilities Management Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 108 days, this is slower than average (23 days)
- Carisway Facilities Management Limited
23 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is more than average (2 days)
- Carisway Facilities Management Limited
2 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Carisway Facilities Management Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.1%, this is a higher level of debt than the average (69.6%)
98.1% - Carisway Facilities Management Limited
69.6% - Industry AVG
CARISWAY FACILITIES MANAGEMENT LIMITED financials
Carisway Facilities Management Limited's latest turnover from March 2014 is estimated at £5.5 million and the company has net assets of £26.3 thousand. According to their latest financial statements, we estimate that Carisway Facilities Management Limited has 102 employees and maintains cash reserves of £588 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2014 | Mar 2013 | Mar 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|
| Turnover | |||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | |||||
| Tax | |||||
| Profit After Tax | |||||
| Dividends Paid | |||||
| Retained Profit | |||||
| Employee Costs | |||||
| Number Of Employees | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2014 | Mar 2013 | Mar 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|
| Tangible Assets | 241,829 | 121,546 | 153,435 | 136,092 | 166,330 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 241,829 | 121,546 | 153,435 | 136,092 | 166,330 |
| Stock & work in progress | 36,017 | 36,017 | 36,017 | 31,554 | 30,210 |
| Trade Debtors | 1,078,360 | 909,007 | 605,019 | 759,866 | 694,924 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 2,011 | 0 |
| Cash | 588 | 0 | 14,037 | 68 | 938 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,114,965 | 945,024 | 655,073 | 793,499 | 726,072 |
| total assets | 1,356,794 | 1,066,570 | 808,508 | 929,591 | 892,402 |
| Bank overdraft | 0 | 56 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 277,600 | 317,892 |
| Trade Creditors | 1,229,663 | 957,869 | 633,839 | 58,947 | 91,735 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 647,919 | 801,469 |
| total current liabilities | 1,229,663 | 957,925 | 633,839 | 984,466 | 1,211,096 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 89,830 | 119,188 | 170,514 | 48,000 | 963 |
| provisions | 11,031 | 11,031 | 0 | 0 | 0 |
| total long term liabilities | 100,861 | 130,219 | 170,514 | 48,000 | 963 |
| total liabilities | 1,330,524 | 1,088,144 | 804,353 | 1,032,466 | 1,212,059 |
| net assets | 26,270 | -21,574 | 4,155 | -102,875 | -319,657 |
| total shareholders funds | 26,270 | -21,574 | 4,155 | -102,875 | -319,657 |
| Mar 2014 | Mar 2013 | Mar 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 50,227 | 39,092 | 29,865 | 35,456 | 38,015 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 4,463 | 1,344 | 30,210 |
| Debtors | 169,353 | 303,988 | -156,858 | 66,953 | 694,924 |
| Creditors | 271,794 | 324,030 | 574,892 | -32,788 | 91,735 |
| Accruals and Deferred Income | 0 | 0 | -647,919 | -153,550 | 801,469 |
| Deferred Taxes & Provisions | 0 | 11,031 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | -277,600 | -40,292 | 317,892 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -29,358 | -51,326 | 122,514 | 47,037 | 963 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 588 | -14,037 | 13,969 | -870 | 938 |
| overdraft | -56 | 56 | 0 | 0 | 0 |
| change in cash | 644 | -14,093 | 13,969 | -870 | 938 |
carisway facilities management limited Credit Report and Business Information
Carisway Facilities Management Limited Competitor Analysis
Perform a competitor analysis for carisway facilities management limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
carisway facilities management limited Ownership
CARISWAY FACILITIES MANAGEMENT LIMITED group structure
Carisway Facilities Management Limited has no subsidiary companies.
Ultimate parent company
CARISWAY FACILITIES MANAGEMENT LIMITED
01799249
carisway facilities management limited directors
Carisway Facilities Management Limited currently has 3 directors. The longest serving directors include Mr Alfie Barnes (Apr 2003) and Mr Walter Pinhorn (Jan 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alfie Barnes | 56 years | Apr 2003 | - | Director | |
| Mr Walter Pinhorn | Spain | 91 years | Jan 2010 | - | Director |
| Mr Mark Pinhorn | 64 years | Jun 2014 | - | Director |
P&L
March 2014turnover
5.5m
+37%
operating profit
62.1k
0%
gross margin
24.9%
-8.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2014net assets
26.3k
-2.22%
total assets
1.4m
+0.27%
cash
588
0%
net assets
Total assets minus all liabilities
carisway facilities management limited company details
company number
01799249
Type
Private limited with Share Capital
industry
81299 - Cleaning services (other than disinfecting and extermination services) n.e.c.
incorporation date
March 1984
age
40
accounts
Total Exemption Small
ultimate parent company
previous names
carisway contract cleaning limited (September 2005)
morangate limited (March 1998)
incorporated
UK
address
110 cannon street, london, EC4N 6EU
last accounts submitted
March 2014
carisway facilities management 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 did not find charges/mortgages relating to carisway facilities management limited.
carisway facilities management limited Companies House Filings - See Documents
| date | description | view/download |
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