chartway partnerships (southern) limited
chartway partnerships (southern) limited Company Information
Company Number
01884900
Next Accounts
2 days late
Shareholders
chartway group ltd
Group Structure
View All
Industry
Construction of commercial buildings
+2Registered Address
4 abbey wood road, kings hill, kent, ME19 4AB
chartway partnerships (southern) limited Estimated Valuation
Pomanda estimates the enterprise value of CHARTWAY PARTNERSHIPS (SOUTHERN) LIMITED at £2.3m based on a Turnover of £6.4m and 0.37x industry multiple (adjusted for size and gross margin).
chartway partnerships (southern) limited Estimated Valuation
Pomanda estimates the enterprise value of CHARTWAY PARTNERSHIPS (SOUTHERN) LIMITED at £0 based on an EBITDA of £-108.9k and a 3.13x industry multiple (adjusted for size and gross margin).
chartway partnerships (southern) limited Estimated Valuation
Pomanda estimates the enterprise value of CHARTWAY PARTNERSHIPS (SOUTHERN) LIMITED at £1.6m based on Net Assets of £1.1m and 1.48x industry multiple (adjusted for liquidity).
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Chartway Partnerships (southern) Limited Overview
Chartway Partnerships (southern) Limited is a live company located in kent, ME19 4AB with a Companies House number of 01884900. It operates in the development of building projects sector, SIC Code 41100. Founded in February 1985, it's largest shareholder is chartway group ltd with a 100% stake. Chartway Partnerships (southern) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.4m with declining growth in recent years.
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Chartway Partnerships (southern) Limited Health Check
Pomanda's financial health check has awarded Chartway Partnerships (Southern) Limited a 3 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
2 Regular
6 Weak
Size
annual sales of £6.4m, make it larger than the average company (£4.2m)
£6.4m - Chartway Partnerships (southern) Limited
£4.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (5%)
-15% - Chartway Partnerships (southern) Limited
5% - Industry AVG
Production
with a gross margin of 12%, this company has a higher cost of product (21.1%)
12% - Chartway Partnerships (southern) Limited
21.1% - Industry AVG
Profitability
an operating margin of -1.7% make it less profitable than the average company (5.9%)
-1.7% - Chartway Partnerships (southern) Limited
5.9% - Industry AVG
Employees
with 14 employees, this is similar to the industry average (12)
14 - Chartway Partnerships (southern) Limited
12 - Industry AVG
Pay Structure
on an average salary of £80.3k, the company has a higher pay structure (£47.4k)
£80.3k - Chartway Partnerships (southern) Limited
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £455.8k, this is more efficient (£274.3k)
£455.8k - Chartway Partnerships (southern) Limited
£274.3k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is later than average (33 days)
49 days - Chartway Partnerships (southern) Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is slower than average (33 days)
41 days - Chartway Partnerships (southern) Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Chartway Partnerships (southern) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (17 weeks)
10 weeks - Chartway Partnerships (southern) Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.4%, this is a similar level of debt than the average (70.4%)
68.4% - Chartway Partnerships (southern) Limited
70.4% - Industry AVG
CHARTWAY PARTNERSHIPS (SOUTHERN) LIMITED financials
Chartway Partnerships (Southern) Limited's latest turnover from May 2023 is £6.4 million and the company has net assets of £1.1 million. According to their latest financial statements, Chartway Partnerships (Southern) Limited has 14 employees and maintains cash reserves of £467 thousand 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 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,380,704 | 10,214,185 | 11,498,461 | 10,531,050 | 7,246,192 | 10,432,114 | 12,963,612 | 8,061,226 | 8,638,273 | 6,685,917 | 6,167,765 | 8,474,417 | ||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 5,615,199 | 9,173,736 | 10,217,870 | 9,763,069 | 6,296,984 | 9,413,406 | 11,603,914 | 6,754,183 | 7,195,420 | 5,483,379 | 5,048,310 | 7,389,551 | ||
| Gross Profit | 765,505 | 1,040,449 | 1,280,591 | 767,981 | 949,208 | 1,018,708 | 1,359,698 | 1,307,043 | 1,442,853 | 1,202,538 | 1,119,455 | 1,084,866 | ||
| Admin Expenses | 875,955 | 948,741 | 867,874 | 733,713 | 947,805 | 969,376 | 916,387 | 1,080,675 | 709,308 | 626,783 | 672,229 | 664,496 | ||
| Operating Profit | -110,450 | 91,708 | 412,717 | 34,268 | 1,403 | 49,332 | 443,311 | 226,368 | 733,545 | 575,755 | 447,226 | 420,370 | ||
| Interest Payable | 402 | 216 | 21 | 51 | 171 | |||||||||
| Interest Receivable | 7,418 | 692 | 220 | 3,481 | 1,915 | 1,308 | 672 | 1,360 | 2,928 | 1,114 | 5,662 | 5,021 | ||
| Pre-Tax Profit | -103,032 | 92,400 | 412,937 | 37,749 | 3,318 | 50,640 | 443,983 | 227,326 | 736,257 | 576,848 | 452,837 | 425,220 | ||
| Tax | 285 | -49,899 | -78,411 | -7,942 | -3,145 | -11,494 | -88,499 | -46,728 | -154,947 | -131,541 | -107,927 | -111,684 | ||
| Profit After Tax | -102,747 | 42,501 | 334,526 | 29,807 | 173 | 39,146 | 355,484 | 180,598 | 581,310 | 445,307 | 344,910 | 313,536 | ||
| Dividends Paid | 600,000 | 163,025 | 455,269 | 402,776 | 1,033,000 | |||||||||
| Retained Profit | -102,747 | 42,501 | 334,526 | 29,807 | 173 | 39,146 | 355,484 | -419,402 | 418,285 | -9,962 | -57,866 | -719,464 | ||
| Employee Costs | 1,123,959 | 1,548,777 | 1,365,947 | 1,233,726 | 1,100,388 | |||||||||
| Number Of Employees | 14 | 18 | 20 | 24 | 25 | 30 | 26 | 26 | ||||||
| EBITDA* | -108,948 | 93,209 | 419,852 | 41,728 | 11,667 | 78,474 | 456,837 | 245,795 | 764,603 | 586,937 | 457,905 | 594,616 |
* 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 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,014 | 4,516 | 7,135 | 14,595 | 34,692 | 26,315 | 41,198 | 37,342 | 61,907 | 34,264 | 45,955 | 50,698 | 61,524 | |
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 3,014 | 4,516 | 7,135 | 14,595 | 34,692 | 26,315 | 41,198 | 37,342 | 61,907 | 34,264 | 45,955 | 50,698 | 61,524 | |
| Stock & work in progress | 1,001,164 | 269,041 | 578,773 | 101,319 | 251,815 | 561,965 | ||||||||
| Trade Debtors | 869,231 | 1,830,979 | 494,773 | 1,367,266 | 1,594,966 | 662,633 | 1,416,182 | 100,192 | 1,296,105 | 260,478 | 513,899 | 741,177 | 994,211 | 322,374 |
| Group Debtors | 1,557,392 | 944,164 | 251,352 | 74,825 | 152,747 | 43,020 | 176,015 | 214,306 | 24,699 | 6,323 | ||||
| Misc Debtors | 505,132 | 521,648 | 695,764 | 536,944 | 650,671 | 738,137 | 601,269 | 531,831 | 384,992 | 303,122 | 38,458 | 34,304 | ||
| Cash | 467,009 | 2,757,929 | 3,521,821 | 1,924,379 | 1,123,169 | 1,353,440 | 1,390,327 | 845,954 | 1,203,983 | 811,887 | 532,328 | 887,240 | 1,286,380 | 624,803 |
| misc current assets | ||||||||||||||
| total current assets | 3,398,764 | 5,110,556 | 5,656,522 | 4,079,941 | 3,443,631 | 2,906,957 | 3,407,778 | 2,522,161 | 3,330,136 | 2,168,566 | 1,210,703 | 1,920,859 | 2,280,591 | 1,509,142 |
| total assets | 3,401,778 | 5,115,072 | 5,656,522 | 4,087,076 | 3,458,226 | 2,941,649 | 3,434,093 | 2,563,359 | 3,367,478 | 2,230,473 | 1,244,967 | 1,966,814 | 2,331,289 | 1,570,666 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 634,956 | 1,002,732 | 1,723,225 | 531,402 | 1,102,585 | 584,321 | 1,080,366 | 1,206,681 | 1,245,117 | 365,648 | 158,542 | 155,036 | 1,161,185 | 871,520 |
| Group/Directors Accounts | 237,649 | 493,116 | 265,180 | 156,901 | 45,897 | 132,000 | 7,311 | 2,342 | ||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | 5,757 | 6,302 | ||||||||||||
| other current liabilities | 1,452,633 | 2,439,937 | 2,531,331 | 2,596,513 | 1,537,291 | 1,453,048 | 1,618,304 | 969,602 | 1,316,191 | 1,471,383 | 694,800 | 1,360,811 | ||
| total current liabilities | 2,325,238 | 3,935,785 | 4,519,736 | 3,284,816 | 2,685,773 | 2,169,369 | 2,698,670 | 2,183,594 | 2,569,407 | 1,843,333 | 853,342 | 1,515,847 | 1,161,185 | 871,520 |
| loans | ||||||||||||||
| hp & lease commitments | 5,734 | |||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 2,289 | 2,115 | 1,019 | 2,639 | 2,895 | 4,372 | 4,045 | 3,696 | ||||||
| total long term liabilities | 2,289 | 2,115 | 1,019 | 8,373 | 2,895 | 4,372 | 4,045 | 3,696 | ||||||
| total liabilities | 2,325,238 | 3,935,785 | 4,519,736 | 3,284,816 | 2,685,773 | 2,169,369 | 2,700,959 | 2,185,709 | 2,570,426 | 1,851,706 | 856,237 | 1,520,219 | 1,165,230 | 875,216 |
| net assets | 1,076,540 | 1,179,287 | 1,136,786 | 802,260 | 772,453 | 772,280 | 733,134 | 377,650 | 797,052 | 378,767 | 388,730 | 446,595 | 1,166,059 | 695,450 |
| total shareholders funds | 1,076,540 | 1,179,287 | 1,136,786 | 802,260 | 772,453 | 772,280 | 733,134 | 377,650 | 797,052 | 378,767 | 388,730 | 446,595 | 1,166,059 | 695,450 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -110,450 | 91,708 | 412,717 | 34,268 | 1,403 | 49,332 | 443,311 | 226,368 | 733,545 | 575,755 | 447,226 | 420,370 | ||
| Depreciation | 1,502 | 1,501 | 7,135 | 7,460 | 10,264 | 29,142 | 13,526 | 19,427 | 31,058 | 11,182 | 10,679 | 174,246 | 14,706 | 18,910 |
| Amortisation | ||||||||||||||
| Tax | 285 | -49,899 | -78,411 | -7,942 | -3,145 | -11,494 | -88,499 | -46,728 | -154,947 | -131,541 | -107,927 | -111,684 | ||
| Stock | -1,001,164 | 732,123 | -309,732 | 477,454 | -150,496 | 251,815 | -561,965 | 561,965 | ||||||
| Debtors | 579,128 | 217,926 | -20,861 | -164,900 | 766,945 | -463,934 | 1,342,408 | -1,182,069 | 1,079,206 | 200,850 | -204,748 | -212,407 | 671,837 | 322,374 |
| Creditors | -367,776 | -720,493 | 1,191,823 | -571,183 | 518,264 | -496,045 | -126,315 | -38,436 | 879,469 | 207,106 | 3,506 | -1,006,149 | 289,665 | 871,520 |
| Accruals and Deferred Income | -987,304 | -91,394 | -65,182 | 1,059,222 | 84,243 | -165,256 | 648,702 | -346,589 | -155,192 | 776,583 | -666,011 | 1,360,811 | ||
| Deferred Taxes & Provisions | -2,289 | 174 | 1,096 | -1,620 | -256 | -1,477 | 327 | 349 | 3,696 | |||||
| Cash flow from operations | -2,042,871 | -986,503 | 1,488,943 | 686,725 | -155,916 | -132,676 | 549,655 | 265,084 | 562,839 | 760,525 | 41,240 | 798,513 | ||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -255,467 | 227,936 | 108,279 | 111,004 | -86,103 | 132,000 | -7,311 | 4,969 | 2,342 | |||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | -5,757 | -6,279 | 12,036 | |||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | 7,418 | 692 | 220 | 3,481 | 1,915 | 1,308 | 672 | 958 | 2,712 | 1,093 | 5,611 | 4,850 | ||
| cash flow from financing | -248,049 | 228,628 | 108,499 | 114,485 | -84,188 | 133,308 | -6,639 | 170 | -1,225 | 13,128 | 5,612 | 4,850 | ||
| cash and cash equivalents | ||||||||||||||
| cash | -2,290,920 | -763,892 | 1,597,442 | 801,210 | -230,271 | -36,887 | 544,373 | -358,029 | 392,096 | 279,559 | -354,912 | -399,140 | 661,577 | 624,803 |
| overdraft | ||||||||||||||
| change in cash | -2,290,920 | -763,892 | 1,597,442 | 801,210 | -230,271 | -36,887 | 544,373 | -358,029 | 392,096 | 279,559 | -354,912 | -399,140 | 661,577 | 624,803 |
chartway partnerships (southern) limited Credit Report and Business Information
Chartway Partnerships (southern) Limited Competitor Analysis
Perform a competitor analysis for chartway partnerships (southern) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in ME19 area or any other competitors across 12 key performance metrics.
chartway partnerships (southern) limited Ownership
CHARTWAY PARTNERSHIPS (SOUTHERN) LIMITED group structure
Chartway Partnerships (Southern) Limited has no subsidiary companies.
Ultimate parent company
2 parents
CHARTWAY PARTNERSHIPS (SOUTHERN) LIMITED
01884900
chartway partnerships (southern) limited directors
Chartway Partnerships (Southern) Limited currently has 5 directors. The longest serving directors include Mr Steve Cresswell (Jun 2022) and Mr Clive Fuller (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steve Cresswell | England | 50 years | Jun 2022 | - | Director |
| Mr Clive Fuller | England | 50 years | Feb 2023 | - | Director |
| Mr Gavin Hunt | England | 45 years | Feb 2023 | - | Director |
| Mr Oliver Jolley | England | 34 years | Oct 2023 | - | Director |
| Mr Graham Chivers | England | 44 years | Mar 2024 | - | Director |
P&L
May 2023turnover
6.4m
-38%
operating profit
-110.5k
-220%
gross margin
12%
+17.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
1.1m
-0.09%
total assets
3.4m
-0.33%
cash
467k
-0.83%
net assets
Total assets minus all liabilities
chartway partnerships (southern) limited company details
company number
01884900
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
41201 - Construction of commercial buildings
41100 - Development of building projects
incorporation date
February 1985
age
40
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
May 2023
previous names
chartway construction limited (December 2024)
b.b.s. construction limited (February 2023)
accountant
-
auditor
CROWE UK LLP
address
4 abbey wood road, kings hill, kent, ME19 4AB
Bank
-
Legal Advisor
-
chartway partnerships (southern) 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 8 charges/mortgages relating to chartway partnerships (southern) limited. Currently there are 1 open charges and 7 have been satisfied in the past.
chartway partnerships (southern) 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 CHARTWAY PARTNERSHIPS (SOUTHERN) LIMITED. This can take several minutes, an email will notify you when this has completed.
chartway partnerships (southern) limited Companies House Filings - See Documents
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