character options limited

3

character options limited Company Information

Share CHARACTER OPTIONS LIMITED
Live 
MatureLargeDeclining

Company Number

02587289

Registered Address

citypoint 16th floor, one ropemaker street, london, EC2Y 9AW

Industry

Non-specialised wholesale trade

 

Telephone

01616339800

Next Accounts Due

May 2025

Group Structure

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Directors

Kirankumar Shah33 Years

Joseph Kissane33 Years

View All

Shareholders

character group plc 100%

character options limited Estimated Valuation

£41.7m

Pomanda estimates the enterprise value of CHARACTER OPTIONS LIMITED at £41.7m based on a Turnover of £54m and 0.77x industry multiple (adjusted for size and gross margin).

character options limited Estimated Valuation

£17.1m

Pomanda estimates the enterprise value of CHARACTER OPTIONS LIMITED at £17.1m based on an EBITDA of £2m and a 8.46x industry multiple (adjusted for size and gross margin).

character options limited Estimated Valuation

£4.4m

Pomanda estimates the enterprise value of CHARACTER OPTIONS LIMITED at £4.4m based on Net Assets of £2.8m and 1.58x industry multiple (adjusted for liquidity).

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Character Options Limited Overview

Character Options Limited is a live company located in london, EC2Y 9AW with a Companies House number of 02587289. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in March 1991, it's largest shareholder is character group plc with a 100% stake. Character Options Limited is a mature, large sized company, Pomanda has estimated its turnover at £54m with declining growth in recent years.

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Character Options Limited Health Check

Pomanda's financial health check has awarded Character Options 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

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £54m, make it larger than the average company (£15m)

£54m - Character Options Limited

£15m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (5.8%)

-1% - Character Options Limited

5.8% - Industry AVG

production

Production

with a gross margin of 27.9%, this company has a comparable cost of product (27.5%)

27.9% - Character Options Limited

27.5% - Industry AVG

profitability

Profitability

an operating margin of -1.7% make it less profitable than the average company (5.4%)

-1.7% - Character Options Limited

5.4% - Industry AVG

employees

Employees

with 111 employees, this is above the industry average (40)

111 - Character Options Limited

40 - Industry AVG

paystructure

Pay Structure

on an average salary of £51k, the company has an equivalent pay structure (£42.9k)

£51k - Character Options Limited

£42.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £486.9k, this is more efficient (£364.3k)

£486.9k - Character Options Limited

£364.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 88 days, this is later than average (53 days)

88 days - Character Options Limited

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 38 days, this is close to average (35 days)

38 days - Character Options Limited

35 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 128 days, this is more than average (78 days)

128 days - Character Options Limited

78 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (15 weeks)

2 weeks - Character Options Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 94.9%, this is a higher level of debt than the average (47.2%)

94.9% - Character Options Limited

47.2% - Industry AVG

CHARACTER OPTIONS LIMITED financials

EXPORTms excel logo

Character Options Limited's latest turnover from August 2023 is £54 million and the company has net assets of £2.8 million. According to their latest financial statements, Character Options Limited has 111 employees and maintains cash reserves of £2.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Turnover54,043,51665,948,39162,513,16756,318,15571,686,07373,422,70168,283,41165,423,97362,184,80955,041,00035,799,00048,905,00067,200,00053,560,00046,335,000
Other Income Or Grants000000000000000
Cost Of Sales38,941,48749,187,22240,866,49142,329,13446,043,51347,943,16044,968,04042,824,44237,698,44937,705,00025,142,00033,780,00043,881,00035,320,00034,012,000
Gross Profit15,102,02916,761,16921,646,67613,989,02125,642,56025,479,54123,315,37122,599,53124,486,36017,336,00010,657,00015,125,00023,319,00018,240,00012,323,000
Admin Expenses16,012,95317,327,64916,768,50315,575,07119,582,77919,256,97717,772,23218,368,18917,890,69615,946,00013,242,00012,308,00016,796,00015,918,00014,771,000
Operating Profit-910,924-566,4804,878,173-1,586,0506,059,7816,222,5645,543,1394,231,3426,595,6641,390,000-2,585,0002,817,0006,523,0002,322,000-2,448,000
Interest Payable199,08317,92928,83453,4834,4143,9189,05848,87996,827102,000148,000224,000220,00073,000131,000
Interest Receivable94,24546,25133,94926,85539,44627,73040,84742,22613,3107,0000068,000102,000192,000
Pre-Tax Profit-1,015,762-538,1584,883,288-1,612,6786,094,8136,246,3765,574,9284,224,6896,512,1471,295,000-2,733,0002,593,0006,371,0002,351,000-2,387,000
Tax191,70493,492-829,469266,062-1,067,231-1,014,401-1,014,884-180,547-604,892-164,000379,000-302,000-1,324,0000-13,000
Profit After Tax-824,058-444,6664,053,819-1,346,6165,027,5825,231,9754,560,0444,044,1425,907,2551,131,000-2,354,0002,291,0005,047,0002,351,000-2,400,000
Dividends Paid02,000,00004,000,0005,500,0006,500,0004,000,00002,000002,500,0001,500,00000
Retained Profit-824,058-2,444,6664,053,819-5,346,616-472,418-1,268,025560,0444,044,1425,905,2551,131,000-2,354,000-209,0003,547,0002,351,000-2,400,000
Employee Costs5,661,4537,552,4287,691,4205,386,6977,501,5076,935,7926,951,2997,277,3167,044,0985,493,0004,186,0004,374,0005,319,0005,336,0003,897,000
Number Of Employees111115114111118117120122121113104102969294
EBITDA*2,017,4511,464,0377,066,222452,4667,906,8977,917,5317,247,2475,644,4217,322,1371,646,000-2,341,0003,048,0006,721,0002,528,000-2,199,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets1,066,102705,5691,311,1591,835,146489,441453,859383,219424,544507,758486,000484,000538,000374,000392,000436,000
Intangible Assets3,928,8061,485,711886,713891,160902,675802,950697,618615,065531,892000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets4,994,9082,191,2802,197,8722,726,3061,392,1161,256,8091,080,8371,039,6091,039,650486,000484,000538,000374,000392,000436,000
Stock & work in progress13,752,63816,278,4778,334,01912,840,87513,000,19611,748,4329,626,36110,978,0929,591,5709,407,0006,176,0007,906,00012,319,0009,725,0007,399,000
Trade Debtors13,163,9796,829,6407,074,37510,889,26017,294,33316,871,15615,858,46510,404,5967,490,40611,973,0007,873,0006,493,0007,292,0007,476,000689,000
Group Debtors16,532,27316,351,01613,332,79012,444,70112,287,64410,262,07014,153,45814,295,52512,719,96012,503,00013,526,00012,474,00011,732,0009,217,0009,498,000
Misc Debtors3,278,5693,115,5432,240,6601,619,3711,757,2472,104,2091,486,2742,315,4802,922,1612,067,0003,271,0003,782,0003,259,0001,485,0001,116,000
Cash2,314,77416,793,96326,263,8248,475,07423,555,49924,802,93618,575,11019,063,25314,217,62011,371,0002,288,000697,0001,679,0007,837,0005,581,000
misc current assets000000000000000
total current assets49,042,23359,368,63957,245,66846,269,28167,894,91965,788,80359,699,66857,056,94646,941,71747,321,00033,134,00031,352,00036,281,00035,740,00024,283,000
total assets54,037,14161,559,91959,443,54048,995,58769,287,03567,045,61260,780,50558,096,55547,981,36747,807,00033,618,00031,890,00036,655,00036,132,00024,719,000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 4,122,4724,392,7226,341,0515,101,1565,171,5435,891,9244,139,7994,610,7678,830,33912,102,0006,687,0004,732,0008,811,0009,614,0004,338,000
Group/Directors Accounts40,367,92647,870,14740,662,86636,580,75133,978,70429,917,93726,639,46426,415,11919,800,6713,531,0001,263,0002,302,0003,755,00016,464,00022,949,000
other short term finances498,088343,068164,5832,292,80918,215,19118,245,04716,161,24214,834,69511,679,09927,179,00023,341,00021,135,00017,216,0008,812,0000
hp & lease commitments311,585194,839183,438309,36200000000000
other current liabilities3,767,6904,954,1655,796,0442,155,5025,126,4125,833,7745,460,8314,500,1843,974,4133,721,0002,296,0001,775,0005,207,0003,524,0002,163,000
total current liabilities49,067,76157,754,94153,147,98246,439,58062,491,85059,888,68252,401,33650,360,76544,284,52246,533,00033,587,00029,944,00034,989,00038,414,00029,450,000
loans000000000000000
hp & lease commitments2,188,902201,072386,622995,47700000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions0105,97382,4160000087,948000000
total long term liabilities2,188,902307,045469,038995,477000087,948000000
total liabilities51,256,66358,061,98653,617,02047,435,05762,491,85059,888,68252,401,33650,360,76544,372,47046,533,00033,587,00029,944,00034,989,00038,414,00029,450,000
net assets2,780,4783,497,9335,826,5201,560,5306,795,1857,156,9308,379,1697,735,7903,608,8971,274,00031,0001,946,0001,666,000-2,282,000-4,731,000
total shareholders funds2,780,4783,497,9335,826,5201,560,5306,795,1857,156,9308,379,1697,735,7903,608,8971,274,00031,0001,946,0001,666,000-2,282,000-4,731,000
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit-910,924-566,4804,878,173-1,586,0506,059,7816,222,5645,543,1394,231,3426,595,6641,390,000-2,585,0002,817,0006,523,0002,322,000-2,448,000
Depreciation417,900354,091568,731255,496264,954232,213237,211282,184267,738256,000244,000231,000198,000206,000249,000
Amortisation2,510,4751,676,4261,619,3181,783,0201,582,1621,462,7541,466,8971,130,895458,735000000
Tax191,70493,492-829,469266,062-1,067,231-1,014,401-1,014,884-180,547-604,892-164,000379,000-302,000-1,324,0000-13,000
Stock-2,525,8397,944,458-4,506,856-159,3211,251,7642,122,071-1,351,7311,386,522184,5703,231,000-1,730,000-4,413,0002,594,0002,326,0007,399,000
Debtors6,678,6223,648,374-2,305,507-6,385,8922,101,789-2,260,7624,482,5963,883,074-3,410,4731,873,0001,921,000466,0004,105,0006,875,00011,303,000
Creditors-270,250-1,948,3291,239,895-70,387-720,3811,752,125-470,968-4,219,572-3,271,6615,415,0001,955,000-4,079,000-803,0005,276,0004,338,000
Accruals and Deferred Income-1,186,475-841,8793,640,542-2,970,910-707,362372,943960,647525,771253,4131,425,000521,000-3,432,0001,683,0001,361,0002,163,000
Deferred Taxes & Provisions-105,97323,55782,4160000-87,94887,948000000
Cash flow from operations-3,506,326-12,801,95418,011,9694,222,4442,058,3709,166,8893,591,177-3,587,4717,012,8483,218,000323,000-818,000-422,000-36,000-14,413,000
Investing Activities
capital expenditure-5,732,003-2,023,925-1,659,615-3,372,706-1,982,423-1,870,939-1,745,336-1,413,038-1,280,123-258,000-190,000-395,000-180,000-162,000-685,000
Change in Investments000000000000000
cash flow from investments-5,732,003-2,023,925-1,659,615-3,372,706-1,982,423-1,870,939-1,745,336-1,413,038-1,280,123-258,000-190,000-395,000-180,000-162,000-685,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-7,502,2217,207,2814,082,1152,602,0474,060,7673,278,473224,3456,614,44816,269,6712,268,000-1,039,000-1,453,000-12,709,000-6,485,00022,949,000
Other Short Term Loans 155,020178,485-2,128,226-15,922,382-29,8562,083,8051,326,5473,155,596-15,499,9013,838,0002,206,0003,919,0008,404,0008,812,0000
Long term loans000000000000000
Hire Purchase and Lease Commitments2,104,576-174,149-734,7791,304,83900000000000
other long term liabilities000000000000000
share issue106,603116,079212,171111,961110,67345,78683,33582,751-3,570,358112,000439,000489,000401,00098,000-2,331,000
interest-104,83828,3225,115-26,62835,03223,81231,789-6,653-83,517-95,000-148,000-224,000-152,00029,00061,000
cash flow from financing-5,240,8607,356,0181,436,396-11,930,1634,176,6165,431,8761,666,0169,846,142-2,884,1056,123,0001,458,0002,731,000-4,056,0002,454,00020,679,000
cash and cash equivalents
cash-14,479,189-9,469,86117,788,750-15,080,425-1,247,4376,227,826-488,1434,845,6332,846,6209,083,0001,591,000-982,000-6,158,0002,256,0005,581,000
overdraft000000000000000
change in cash-14,479,189-9,469,86117,788,750-15,080,425-1,247,4376,227,826-488,1434,845,6332,846,6209,083,0001,591,000-982,000-6,158,0002,256,0005,581,000

character options limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Character Options Limited Competitor Analysis

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character options limited Ownership

CHARACTER OPTIONS LIMITED group structure

Character Options Limited has no subsidiary companies.

Ultimate parent company

1 parent

CHARACTER OPTIONS LIMITED

02587289

CHARACTER OPTIONS LIMITED Shareholders

character group plc 100%

character options limited directors

Character Options Limited currently has 13 directors. The longest serving directors include Mr Kirankumar Shah (Apr 1991) and Mr Joseph Kissane (Jul 1991).

officercountryagestartendrole
Mr Kirankumar ShahEngland70 years Apr 1991- Director
Mr Joseph KissaneEngland72 years Jul 1991- Director
Mr Jonathan DiverEngland60 years Aug 1994- Director
Mr Jeremiah HealyEngland62 years Sep 2006- Director
Mr Stephen TullEngland67 years Sep 2006- Director
Mr Alasdair DewarEngland57 years Jan 2008- Director
Mr Gerard McLoughlinEngland67 years Sep 2011- Director
Mr David BramfordEngland54 years Mar 2015- Director
Mrs Beverley CumminsEngland54 years Jan 2019- Director
Mr Tariq RahmanEngland52 years Jan 2019- Director

P&L

August 2023

turnover

54m

-18%

operating profit

-910.9k

+61%

gross margin

28%

+9.95%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

August 2023

net assets

2.8m

-0.21%

total assets

54m

-0.12%

cash

2.3m

-0.86%

net assets

Total assets minus all liabilities

character options limited company details

company number

02587289

Type

Private limited with Share Capital

industry

46900 - Non-specialised wholesale trade

incorporation date

March 1991

age

33

accounts

Full Accounts

ultimate parent company

previous names

toy options limited (January 2001)

wise treatment ltd. (May 1991)

incorporated

UK

address

citypoint 16th floor, one ropemaker street, london, EC2Y 9AW

last accounts submitted

August 2023

character options 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 11 charges/mortgages relating to character options limited. Currently there are 2 open charges and 9 have been satisfied in the past.

charges

character options limited Companies House Filings - See Documents

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