charles taylor general adjusting services limited
charles taylor general adjusting services limited Company Information
Company Number
02322571
Website
http://k-l-a.co.ukRegistered Address
2 minster court, mincing lane, london, EC3R 7BB
Industry
Risk and damage evaluation
Telephone
01477549467
Next Accounts Due
43 days late
Group Structure
View All
Directors
Andrew Rice0 Years
Shareholders
charles taylor adjusting limited 100%
charles taylor general adjusting services limited Estimated Valuation
Pomanda estimates the enterprise value of CHARLES TAYLOR GENERAL ADJUSTING SERVICES LIMITED at £5.6m based on a Turnover of £3.7m and 1.52x industry multiple (adjusted for size and gross margin).
charles taylor general adjusting services limited Estimated Valuation
Pomanda estimates the enterprise value of CHARLES TAYLOR GENERAL ADJUSTING SERVICES LIMITED at £5.4m based on an EBITDA of £915.8k and a 5.85x industry multiple (adjusted for size and gross margin).
charles taylor general adjusting services limited Estimated Valuation
Pomanda estimates the enterprise value of CHARLES TAYLOR GENERAL ADJUSTING SERVICES LIMITED at £11.4m based on Net Assets of £4m and 2.84x industry multiple (adjusted for liquidity).
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Charles Taylor General Adjusting Services Limited Overview
Charles Taylor General Adjusting Services Limited is a live company located in london, EC3R 7BB with a Companies House number of 02322571. It operates in the risk and damage evaluation sector, SIC Code 66210. Founded in November 1988, it's largest shareholder is charles taylor adjusting limited with a 100% stake. Charles Taylor General Adjusting Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.7m with declining growth in recent years.
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Charles Taylor General Adjusting Services Limited Health Check
Pomanda's financial health check has awarded Charles Taylor General Adjusting Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
3 Weak
Size
annual sales of £3.7m, make it larger than the average company (£2m)
£3.7m - Charles Taylor General Adjusting Services Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (-2.1%)
-5% - Charles Taylor General Adjusting Services Limited
-2.1% - Industry AVG
Production
with a gross margin of 55%, this company has a comparable cost of product (55%)
55% - Charles Taylor General Adjusting Services Limited
55% - Industry AVG
Profitability
an operating margin of 21.6% make it more profitable than the average company (10.3%)
21.6% - Charles Taylor General Adjusting Services Limited
10.3% - Industry AVG
Employees
with 36 employees, this is above the industry average (14)
- Charles Taylor General Adjusting Services Limited
14 - Industry AVG
Pay Structure
on an average salary of £57.5k, the company has an equivalent pay structure (£49.7k)
- Charles Taylor General Adjusting Services Limited
£49.7k - Industry AVG
Efficiency
resulting in sales per employee of £102.8k, this is equally as efficient (£105.8k)
- Charles Taylor General Adjusting Services Limited
£105.8k - Industry AVG
Debtor Days
it gets paid by customers after 136 days, this is later than average (64 days)
136 days - Charles Taylor General Adjusting Services Limited
64 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Charles Taylor General Adjusting Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Charles Taylor General Adjusting Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Charles Taylor General Adjusting Services Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.2%, this is a similar level of debt than the average (49.4%)
48.2% - Charles Taylor General Adjusting Services Limited
49.4% - Industry AVG
CHARLES TAYLOR GENERAL ADJUSTING SERVICES LIMITED financials
Charles Taylor General Adjusting Services Limited's latest turnover from December 2022 is £3.7 million and the company has net assets of £4 million. According to their latest financial statements, we estimate that Charles Taylor General Adjusting Services Limited has 36 employees and maintains cash reserves of £1.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,699,028 | 3,272,935 | 3,607,226 | 4,262,321 | 4,450,289 | 4,637,688 | 4,112,540 | 3,592,457 | 5,195,127 | 3,654,906 | ||||
| Other Income Or Grants | 0 | |||||||||||||
| Cost Of Sales | 2,757,567 | |||||||||||||
| Gross Profit | 2,437,560 | |||||||||||||
| Admin Expenses | 1,643,564 | |||||||||||||
| Operating Profit | 797,368 | 715,321 | 860,565 | 637,182 | 746,756 | 1,217,559 | 712,378 | 610,611 | 793,996 | 507,026 | ||||
| Interest Payable | 12,904 | 6,910 | 8,085 | 7,417 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Pre-Tax Profit | 784,464 | 708,411 | 852,480 | 611,668 | 746,756 | 1,517,599 | 713,268 | 619,753 | 818,041 | 524,156 | ||||
| Tax | 0 | -153,086 | -280,550 | -132,790 | -57,780 | -304,376 | -129,512 | -112,561 | -178,675 | -100,749 | ||||
| Profit After Tax | 784,464 | 555,325 | 571,930 | 478,878 | 688,976 | 1,213,223 | 583,756 | 507,192 | 639,366 | 423,407 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 2,000,000 | 0 | 1,450,000 | 0 | 400,000 | 0 | ||||
| Retained Profit | 784,464 | 555,325 | 571,930 | 478,878 | -1,311,024 | 1,213,223 | -866,244 | 507,192 | 239,366 | 423,407 | ||||
| Employee Costs | 2,069,066 | 2,121,968 | 2,234,727 | 2,641,288 | 2,270,932 | 2,230,377 | 2,618,576 | 2,269,400 | 3,113,186 | 2,096,937 | ||||
| Number Of Employees | 43 | 44 | 54 | 54 | 55 | 51 | 46 | 46 | 49 | |||||
| EBITDA* | 915,802 | 834,849 | 860,565 | 735,970 | 769,198 | 1,247,911 | 732,600 | 628,930 | 824,020 | 524,409 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 125,573 | 246,200 | 320,882 | 403,393 | 38,371 | 42,864 | 52,252 | 50,464 | 38,507 | 50,061 | 44,107 | 22,144 | 29,755 | 731,658 |
| 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 | 1,206,552 | 0 | 706,547 | 706,547 | 0 | 0 |
| Total Fixed Assets | 125,573 | 246,200 | 320,882 | 403,393 | 38,371 | 42,864 | 52,252 | 50,464 | 1,245,059 | 50,061 | 750,654 | 728,691 | 29,755 | 731,658 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 700,000 | 497,358 | 442,495 | 443,191 |
| Trade Debtors | 1,386,639 | 793,089 | 683,080 | 687,474 | 787,343 | 1,258,104 | 817,778 | 634,692 | 497,522 | 601,214 | 627,368 | 516,032 | 1,205,289 | 336,901 |
| Group Debtors | 6,116,379 | 5,953,071 | 4,513,763 | 2,914,704 | 1,702,953 | 1,589,817 | 2,156,552 | 1,506,552 | 0 | 706,547 | 0 | 0 | 0 | 0 |
| Misc Debtors | 115,456 | 77,056 | 50,739 | 1,300,046 | 1,497,389 | 1,380,796 | 812,156 | 831,033 | 811,949 | 761,424 | 0 | 0 | 0 | 0 |
| Cash | 1,076 | 55,384 | 951,457 | 443,416 | 690,199 | 77,923 | 311,154 | 304,264 | 419,908 | 209,788 | 177,195 | 153,522 | 153,786 | 113,869 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,619,550 | 6,878,600 | 6,199,039 | 5,345,640 | 4,677,884 | 4,306,640 | 4,097,640 | 3,276,541 | 1,729,379 | 2,278,973 | 1,504,563 | 1,166,912 | 1,801,570 | 976,023 |
| total assets | 7,745,123 | 7,124,800 | 6,519,921 | 5,749,033 | 4,716,255 | 4,349,504 | 4,149,892 | 3,327,005 | 2,974,438 | 2,329,034 | 2,255,217 | 1,895,603 | 1,831,325 | 1,707,681 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 102,196 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 113,873 | 200,809 | 119,912 | 90,543 | 49,403 | 0 | 0 | 15,294 | 123,960 | 697,261 | 564,269 | 618,057 | 77,065 |
| Group/Directors Accounts | 3,491,655 | 0 | 0 | 3,030,328 | 2,879,810 | 1,115,908 | 1,797,127 | 190,280 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 86,263 | 113,318 | 88,863 | 67,196 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 141,778 | 3,603,942 | 3,431,251 | 249,919 | 123,535 | 109,294 | 491,089 | 408,805 | 738,416 | 623,712 | 0 | 0 | 0 | 0 |
| total current liabilities | 3,719,696 | 3,831,133 | 3,720,923 | 3,467,355 | 3,093,888 | 1,274,605 | 2,288,216 | 599,085 | 753,710 | 747,672 | 697,261 | 564,269 | 618,057 | 578,591 |
| loans | 0 | 118,544 | 239,856 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 6,568 | 59,272 | 119,928 | 180,433 | 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 | 5,895 | 11,790 | 11,790 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 12,463 | 65,167 | 125,823 | 180,433 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 3,732,159 | 3,896,300 | 3,846,746 | 3,647,788 | 3,093,888 | 1,274,605 | 2,288,216 | 599,085 | 753,710 | 747,672 | 697,261 | 564,269 | 618,057 | 578,591 |
| net assets | 4,012,964 | 3,228,500 | 2,673,175 | 2,101,245 | 1,622,367 | 3,074,899 | 1,861,676 | 2,727,920 | 2,220,728 | 1,581,362 | 1,557,956 | 1,331,334 | 1,213,268 | 1,129,090 |
| total shareholders funds | 4,012,964 | 3,228,500 | 2,673,175 | 2,101,245 | 1,622,367 | 3,074,899 | 1,861,676 | 2,727,920 | 2,220,728 | 1,581,362 | 1,557,956 | 1,331,334 | 1,213,268 | 1,129,090 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 797,368 | 715,321 | 860,565 | 637,182 | 746,756 | 1,217,559 | 712,378 | 610,611 | 793,996 | 507,026 | ||||
| Depreciation | 118,434 | 119,528 | 0 | 98,788 | 22,442 | 30,352 | 20,222 | 18,319 | 30,024 | 17,383 | 12,787 | 8,386 | 13,848 | 22,421 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | -153,086 | -280,550 | -132,790 | -57,780 | -304,376 | -129,512 | -112,561 | -178,675 | -100,749 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -700,000 | 202,642 | 54,863 | -696 | 443,191 |
| Debtors | 795,258 | 1,575,634 | 345,358 | 914,539 | -241,032 | 442,231 | 814,209 | 456,254 | 446,838 | 735,270 | 111,336 | 17,290 | 868,388 | 336,901 |
| Creditors | -113,873 | -86,936 | 80,897 | 29,369 | 41,140 | 49,403 | 0 | -15,294 | -108,666 | -573,301 | 132,992 | -53,788 | 540,992 | 77,065 |
| Accruals and Deferred Income | -3,462,164 | 172,691 | 3,181,332 | 126,384 | 14,241 | -381,795 | 82,284 | -329,611 | 114,704 | 623,712 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -5,895 | 0 | 11,790 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -3,461,388 | -808,116 | 3,508,676 | -155,606 | 1,007,831 | 168,912 | -128,837 | -284,790 | 204,545 | 438,801 | ||||
| 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 | 3,491,655 | 0 | -3,030,328 | 150,518 | 1,763,902 | -681,219 | 1,606,847 | 190,280 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -118,544 | -121,312 | 239,856 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -79,759 | -36,201 | -38,838 | 247,629 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -12,904 | -6,910 | -8,085 | -7,417 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| cash flow from financing | 3,280,448 | -164,423 | -2,837,395 | 390,730 | 1,622,394 | -681,219 | 1,606,847 | 190,280 | 400,000 | -400,001 | ||||
| cash and cash equivalents | ||||||||||||||
| cash | -54,308 | -896,073 | 508,041 | -246,783 | 612,276 | -233,231 | 6,890 | -115,644 | 210,120 | 32,593 | 23,673 | -264 | 39,917 | 113,869 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -102,196 | 102,196 |
| change in cash | -54,308 | -896,073 | 508,041 | -246,783 | 612,276 | -233,231 | 6,890 | -115,644 | 210,120 | 32,593 | 23,673 | -264 | 142,113 | 11,673 |
charles taylor general adjusting services limited Credit Report and Business Information
Charles Taylor General Adjusting Services Limited Competitor Analysis
Perform a competitor analysis for charles taylor general adjusting services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in EC3R area or any other competitors across 12 key performance metrics.
charles taylor general adjusting services limited Ownership
CHARLES TAYLOR GENERAL ADJUSTING SERVICES LIMITED group structure
Charles Taylor General Adjusting Services Limited has no subsidiary companies.
Ultimate parent company
LM FREEWAY CO-INVESTMENT LP
#0122601
2 parents
CHARLES TAYLOR GENERAL ADJUSTING SERVICES LIMITED
02322571
charles taylor general adjusting services limited directors
Charles Taylor General Adjusting Services Limited currently has 1 director, Mr Andrew Rice serving since Dec 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Rice | United Kingdom | 58 years | Dec 2023 | - | Director |
P&L
December 2022turnover
3.7m
+13%
operating profit
797.4k
+11%
gross margin
55%
-1.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
4m
+0.24%
total assets
7.7m
+0.09%
cash
1.1k
-0.98%
net assets
Total assets minus all liabilities
charles taylor general adjusting services limited company details
company number
02322571
Type
Private limited with Share Capital
industry
66210 - Risk and damage evaluation
incorporation date
November 1988
age
36
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
knowles loss adjusters limited (January 2017)
james r knowles design limited (December 1992)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
2 minster court, mincing lane, london, EC3R 7BB
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
charles taylor general adjusting services 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 9 charges/mortgages relating to charles taylor general adjusting services limited. Currently there are 1 open charges and 8 have been satisfied in the past.
charles taylor general adjusting services limited Companies House Filings - See Documents
| date | description | view/download |
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