city beds limited
city beds limited Company Information
Company Number
01969527
Website
www.citybeds.co.ukRegistered Address
finance house, 383 eastern avenue, ilford, essex, IG2 6LR
Industry
Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
Telephone
02033194314
Next Accounts Due
January 2025
Group Structure
View All
Directors
Paul Levy32 Years
Shareholders
paul levy 100%
city beds limited Estimated Valuation
Pomanda estimates the enterprise value of CITY BEDS LIMITED at £277.2k based on a Turnover of £844k and 0.33x industry multiple (adjusted for size and gross margin).
city beds limited Estimated Valuation
Pomanda estimates the enterprise value of CITY BEDS LIMITED at £0 based on an EBITDA of £-3.7k and a 3.53x industry multiple (adjusted for size and gross margin).
city beds limited Estimated Valuation
Pomanda estimates the enterprise value of CITY BEDS LIMITED at £154.8k based on Net Assets of £61.2k and 2.53x industry multiple (adjusted for liquidity).
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City Beds Limited Overview
City Beds Limited is a live company located in ilford, IG2 6LR with a Companies House number of 01969527. It operates in the retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store sector, SIC Code 47599. Founded in December 1985, it's largest shareholder is paul levy with a 100% stake. City Beds Limited is a mature, small sized company, Pomanda has estimated its turnover at £844k with healthy growth in recent years.
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City Beds Limited Health Check
Pomanda's financial health check has awarded City Beds Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £844k, make it smaller than the average company (£4.3m)
- City Beds Limited
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (6.9%)
- City Beds Limited
6.9% - Industry AVG
Production
with a gross margin of 29.8%, this company has a higher cost of product (40.6%)
- City Beds Limited
40.6% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (4%)
- City Beds Limited
4% - Industry AVG
Employees
with 9 employees, this is below the industry average (26)
9 - City Beds Limited
26 - Industry AVG
Pay Structure
on an average salary of £32.2k, the company has an equivalent pay structure (£32.2k)
- City Beds Limited
£32.2k - Industry AVG
Efficiency
resulting in sales per employee of £93.8k, this is less efficient (£165.8k)
- City Beds Limited
£165.8k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (15 days)
- City Beds Limited
15 days - Industry AVG
Creditor Days
its suppliers are paid after 79 days, this is slower than average (38 days)
- City Beds Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- City Beds Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - City Beds Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.9%, this is a similar level of debt than the average (67.1%)
67.9% - City Beds Limited
67.1% - Industry AVG
CITY BEDS LIMITED financials
City Beds Limited's latest turnover from April 2023 is estimated at £844 thousand and the company has net assets of £61.2 thousand. According to their latest financial statements, City Beds Limited has 9 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 746,833 | 679,327 | 622,200 | 702,247 | 793,776 | 904,023 | ||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 419,068 | 361,614 | 351,552 | 403,434 | 442,973 | 473,624 | ||||||||
| Gross Profit | 327,765 | 317,713 | 270,648 | 298,813 | 350,803 | 430,399 | ||||||||
| Admin Expenses | 308,791 | 301,256 | 255,622 | 303,816 | 356,401 | 440,502 | ||||||||
| Operating Profit | 18,974 | 16,457 | 15,026 | -5,003 | -5,598 | -10,103 | ||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 361 | 866 | ||||||||
| Interest Receivable | 0 | 0 | 2 | 7 | 7 | 11 | ||||||||
| Pre-Tax Profit | 18,974 | 16,457 | 15,028 | -4,996 | -5,952 | -10,958 | ||||||||
| Tax | -4,950 | -4,189 | -4,310 | -1,031 | -712 | 406 | ||||||||
| Profit After Tax | 14,024 | 12,268 | 10,718 | -6,027 | -6,664 | -10,552 | ||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Retained Profit | 14,024 | 12,268 | 10,718 | -6,027 | -6,664 | -10,552 | ||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 9 | 9 | 9 | 9 | 9 | |||||||||
| EBITDA* | 19,680 | 17,399 | 16,281 | -3,329 | -3,367 | -7,128 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,039 | 4,051 | 5,402 | 7,076 | 9,433 | 12,598 | 16,799 | 22,398 | 2,119 | 2,823 | 3,766 | 5,021 | 6,695 | 8,926 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,039 | 4,051 | 5,402 | 7,076 | 9,433 | 12,598 | 16,799 | 22,398 | 2,119 | 2,823 | 3,766 | 5,021 | 6,695 | 8,926 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 69,411 | 60,906 | 64,162 | 59,867 | 52,066 | 63,287 | 79,754 |
| Trade Debtors | 187,920 | 189,098 | 187,736 | 115,383 | 132,929 | 136,051 | 126,740 | 38,078 | 0 | 0 | 0 | 0 | 0 | 1,122 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35,368 | 38,882 | 38,677 | 37,216 | 37,710 | 36,793 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28,309 | 18,584 | 18,866 | 13,346 | 8,355 | 13,540 | 16,654 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 187,920 | 189,098 | 187,736 | 115,383 | 132,929 | 136,051 | 126,740 | 135,798 | 114,858 | 121,910 | 111,890 | 97,637 | 114,537 | 134,323 |
| total assets | 190,959 | 193,149 | 193,138 | 122,459 | 142,362 | 148,649 | 143,539 | 158,196 | 116,977 | 124,733 | 115,656 | 102,658 | 121,232 | 143,249 |
| 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 | 129,740 | 128,252 | 136,415 | 127,433 | 124,788 | 126,121 | 125,526 | 138,043 | 83,208 | 92,765 | 93,127 | 105,911 | 122,780 | 134,524 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,030 | 16,885 | 5,428 | 377 | 377 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,372 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24,402 | 27,597 | 22,571 | 18,964 | 19,693 | 20,930 |
| total current liabilities | 129,740 | 128,252 | 136,415 | 127,433 | 124,788 | 126,121 | 125,526 | 138,043 | 107,610 | 129,392 | 132,583 | 130,303 | 142,850 | 158,203 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 129,740 | 128,252 | 136,415 | 127,433 | 124,788 | 126,121 | 125,526 | 138,043 | 107,610 | 129,392 | 132,583 | 130,303 | 142,850 | 158,203 |
| net assets | 61,219 | 64,897 | 56,723 | -4,974 | 17,574 | 22,528 | 18,013 | 20,153 | 9,367 | -4,659 | -16,927 | -27,645 | -21,618 | -14,954 |
| total shareholders funds | 61,219 | 64,897 | 56,723 | -4,974 | 17,574 | 22,528 | 18,013 | 20,153 | 9,367 | -4,659 | -16,927 | -27,645 | -21,618 | -14,954 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 18,974 | 16,457 | 15,026 | -5,003 | -5,598 | -10,103 | ||||||||
| Depreciation | 7,466 | 706 | 942 | 1,255 | 1,674 | 2,231 | 2,975 | |||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Tax | -4,950 | -4,189 | -4,310 | -1,031 | -712 | 406 | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -69,411 | 8,505 | -3,256 | 4,295 | 7,801 | -11,221 | -16,467 | 79,754 |
| Debtors | -1,178 | 1,362 | 72,353 | -17,546 | -3,122 | 9,311 | 88,662 | 2,710 | -3,514 | 205 | 1,461 | -494 | -205 | 37,915 |
| Creditors | 1,488 | -8,163 | 8,982 | 2,645 | -1,333 | 595 | -12,517 | 54,835 | -9,557 | -362 | -12,784 | -16,869 | -11,744 | 134,524 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -24,402 | -3,195 | 5,026 | 3,607 | -729 | -1,237 | 20,930 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 8,748 | 13,374 | -6,468 | -10,243 | -388 | 31,063 | ||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,030 | -7,855 | 11,457 | 5,051 | 0 | 377 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,372 | 2,372 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 2 | 7 | -354 | -855 | ||||||||
| cash flow from financing | -9,028 | -7,855 | 11,459 | 5,058 | -2,726 | -2,508 | ||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -28,309 | 9,725 | -282 | 5,520 | 4,991 | -5,185 | -3,114 | 16,654 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -28,309 | 9,725 | -282 | 5,520 | 4,991 | -5,185 | -3,114 | 16,654 |
city beds limited Credit Report and Business Information
City Beds Limited Competitor Analysis
Perform a competitor analysis for city beds limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in IG2 area or any other competitors across 12 key performance metrics.
city beds limited Ownership
CITY BEDS LIMITED group structure
City Beds Limited has no subsidiary companies.
Ultimate parent company
CITY BEDS LIMITED
01969527
city beds limited directors
City Beds Limited currently has 1 director, Mr Paul Levy serving since Dec 1991.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Levy | 66 years | Dec 1991 | - | Director |
P&L
April 2023turnover
844k
+8%
operating profit
-3.7k
0%
gross margin
29.8%
-6.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
61.2k
-0.06%
total assets
191k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
city beds limited company details
company number
01969527
Type
Private limited with Share Capital
industry
47599 - Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
incorporation date
December 1985
age
39
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
finance house, 383 eastern avenue, ilford, essex, IG2 6LR
Bank
BARCLAYS BANK PLC
Legal Advisor
-
city beds 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 3 charges/mortgages relating to city beds limited. Currently there are 3 open charges and 0 have been satisfied in the past.
city beds limited Companies House Filings - See Documents
| date | description | view/download |
|---|
