coventry independent advice service ltd Company Information
Company Number
02761115
Website
http://covadvice.org.ukRegistered Address
oakwood house cheylesmore, coventry, west midlands, CV1 2HL
Industry
Other social work activities without accommodation n.e.c.
Other personal service activities n.e.c.
Telephone
02476521100
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
coventry independent advice service ltd Estimated Valuation
Pomanda estimates the enterprise value of COVENTRY INDEPENDENT ADVICE SERVICE LTD at £277.8k based on a Turnover of £415.1k and 0.67x industry multiple (adjusted for size and gross margin).
coventry independent advice service ltd Estimated Valuation
Pomanda estimates the enterprise value of COVENTRY INDEPENDENT ADVICE SERVICE LTD at £0 based on an EBITDA of £-29.1k and a 4.38x industry multiple (adjusted for size and gross margin).
coventry independent advice service ltd Estimated Valuation
Pomanda estimates the enterprise value of COVENTRY INDEPENDENT ADVICE SERVICE LTD at £337.3k based on Net Assets of £112.4k and 3x industry multiple (adjusted for liquidity).
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Coventry Independent Advice Service Ltd Overview
Coventry Independent Advice Service Ltd is a live company located in west midlands, CV1 2HL with a Companies House number of 02761115. It operates in the activities of other membership organizations n.e.c. sector, SIC Code 94990. Founded in November 1992, it's largest shareholder is unknown. Coventry Independent Advice Service Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £415.1k with low growth in recent years.
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Coventry Independent Advice Service Ltd Health Check
Pomanda's financial health check has awarded Coventry Independent Advice Service Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £415.1k, make it smaller than the average company (£552.2k)
£415.1k - Coventry Independent Advice Service Ltd
£552.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (5.1%)
2% - Coventry Independent Advice Service Ltd
5.1% - Industry AVG
Production
with a gross margin of 45.2%, this company has a comparable cost of product (45.2%)
45.2% - Coventry Independent Advice Service Ltd
45.2% - Industry AVG
Profitability
an operating margin of -7.3% make it less profitable than the average company (3.9%)
-7.3% - Coventry Independent Advice Service Ltd
3.9% - Industry AVG
Employees
with 15 employees, this is above the industry average (12)
15 - Coventry Independent Advice Service Ltd
12 - Industry AVG
Pay Structure
on an average salary of £22.7k, the company has an equivalent pay structure (£25.5k)
£22.7k - Coventry Independent Advice Service Ltd
£25.5k - Industry AVG
Efficiency
resulting in sales per employee of £27.7k, this is less efficient (£53.1k)
£27.7k - Coventry Independent Advice Service Ltd
£53.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Coventry Independent Advice Service Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (25 days)
13 days - Coventry Independent Advice Service Ltd
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Coventry Independent Advice Service Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 363 weeks, this is more cash available to meet short term requirements (185 weeks)
363 weeks - Coventry Independent Advice Service Ltd
185 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13.1%, this is a lower level of debt than the average (20.9%)
13.1% - Coventry Independent Advice Service Ltd
20.9% - Industry AVG
coventry independent advice service ltd Credit Report and Business Information
Coventry Independent Advice Service Ltd Competitor Analysis
Perform a competitor analysis for coventry independent advice service ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
coventry independent advice service ltd Ownership
COVENTRY INDEPENDENT ADVICE SERVICE LTD group structure
Coventry Independent Advice Service Ltd has no subsidiary companies.
Ultimate parent company
COVENTRY INDEPENDENT ADVICE SERVICE LTD
02761115
coventry independent advice service ltd directors
Coventry Independent Advice Service Ltd currently has 6 directors. The longest serving directors include Councillor Rachel Lancaster (Oct 2014) and Ms Isabelle Osborne (Oct 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Councillor Rachel Lancaster | England | 53 years | Oct 2014 | - | Director |
Ms Isabelle Osborne | England | 59 years | Oct 2015 | - | Director |
Mr Mark Monaghan | England | 53 years | Oct 2019 | - | Director |
Mr Damon Swindell | England | 66 years | Oct 2021 | - | Director |
Ms Zainib Hussain | England | 52 years | Oct 2022 | - | Director |
Mr James Rose | England | 53 years | Oct 2022 | - | Director |
COVENTRY INDEPENDENT ADVICE SERVICE LTD financials
Coventry Independent Advice Service Ltd's latest turnover from March 2023 is £415.1 thousand and the company has net assets of £112.4 thousand. According to their latest financial statements, Coventry Independent Advice Service Ltd has 15 employees and maintains cash reserves of £118.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 415,093 | 397,129 | 498,075 | 394,226 | 378,723 | 344,240 | 334,938 | 394,218 | 151,781 | 142,714 | 158,988 | 159,978 | 164,917 | 158,900 |
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Pre-Tax Profit | -24,506 | -57,031 | 48,613 | -42,331 | 17,029 | 14,612 | 44,189 | 100,461 | 4,457 | -10,504 | 2,390 | -4,036 | 5,486 | -11,405 |
Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit After Tax | -24,506 | -57,031 | 48,613 | -42,331 | 17,029 | 14,612 | 44,189 | 100,461 | 4,457 | -10,504 | 2,390 | -4,036 | 5,486 | -11,405 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | -24,506 | -57,031 | 48,613 | -42,331 | 17,029 | 14,612 | 44,189 | 100,461 | 4,457 | -10,504 | 2,390 | -4,036 | 5,486 | -11,405 |
Employee Costs | 339,773 | 374,420 | 373,541 | 354,080 | 288,578 | 269,792 | 242,859 | 238,404 | 96,555 | 64,550 | 75,548 | 114,498 | 109,401 | 119,029 |
Number Of Employees | 15 | 13 | 13 | 12 | 11 | 9 | 9 | 9 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 3,565 | 4,644 | 3,497 | 1,850 | 1,914 | 1,012 | 1,756 | 3,500 | 1,746 | 2,812 | 7,733 | 7,465 | 1,655 | 9,947 |
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 | 3,565 | 4,644 | 3,497 | 1,850 | 1,914 | 1,012 | 1,756 | 3,500 | 1,746 | 2,812 | 7,733 | 7,465 | 1,655 | 9,947 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 675 | 1,375 | 0 | 0 | 0 |
Trade Debtors | 0 | 0 | 0 | 1,812 | 0 | 60 | 0 | 0 | 0 | 401 | 8,279 | 0 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 7,598 | 0 | 6,806 | 2,545 | 2,953 | 1,676 | 843 | 14,102 | 285 | 15,256 | 1,464 | 451 | 454 | 710 |
Cash | 118,170 | 147,283 | 202,951 | 155,284 | 197,829 | 176,294 | 159,788 | 99,236 | 15,934 | 84 | 247 | 9,964 | 20,326 | 6,015 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 125,768 | 147,283 | 209,757 | 159,641 | 200,782 | 178,030 | 160,631 | 113,338 | 16,219 | 16,416 | 11,365 | 10,415 | 20,780 | 6,725 |
total assets | 129,333 | 151,927 | 213,254 | 161,491 | 202,696 | 179,042 | 162,387 | 116,838 | 17,965 | 19,228 | 19,098 | 17,880 | 22,435 | 16,672 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,532 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 8,428 | 2,673 | 7,635 | 5,511 | 7,395 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 8,491 | 12,334 | 11,668 | 10,643 | 8,253 | 8,404 | 6,361 | 5,001 | 6,590 | 9,777 | 1,675 | 2,846 | 3,366 | 3,088 |
total current liabilities | 16,919 | 15,007 | 19,303 | 16,154 | 15,648 | 8,404 | 6,361 | 5,001 | 6,590 | 12,309 | 1,675 | 2,846 | 3,366 | 3,088 |
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 | 16,919 | 15,007 | 19,303 | 16,154 | 15,648 | 8,404 | 6,361 | 5,001 | 6,590 | 12,309 | 1,675 | 2,846 | 3,366 | 3,088 |
net assets | 112,414 | 136,920 | 193,951 | 145,337 | 187,048 | 170,638 | 156,026 | 111,837 | 11,375 | 6,919 | 17,423 | 15,034 | 19,069 | 13,584 |
total shareholders funds | 112,414 | 136,920 | 193,951 | 145,337 | 187,048 | 170,638 | 156,026 | 111,837 | 11,375 | 6,919 | 17,423 | 15,034 | 19,069 | 13,584 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 1,079 | 5,018 | 1,016 | 564 | 1,002 | 1,973 | 2,358 | 2,285 | 1,617 | 4,921 | 4,883 | 3,582 | 8,292 | 5,101 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -675 | -700 | 1,375 | 0 | 0 | 0 |
Debtors | 7,598 | -6,806 | 2,449 | 1,404 | 1,217 | 893 | -13,259 | 13,817 | -15,372 | 5,914 | 9,292 | -3 | -256 | 710 |
Creditors | 5,755 | -4,962 | 2,124 | -1,884 | 7,395 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | -3,843 | 666 | 1,025 | 2,390 | -151 | 2,043 | 1,360 | -1,589 | -3,187 | 8,102 | -1,171 | -520 | 278 | 3,088 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
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 | 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 | 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 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from financing | 0 | 0 | 1 | 620 | -619 | 0 | 0 | 1 | -1 | 0 | -1 | 1 | -1 | 24,989 |
cash and cash equivalents | ||||||||||||||
cash | -29,113 | -55,668 | 47,667 | -42,545 | 21,535 | 16,506 | 60,552 | 83,302 | 15,850 | -163 | -9,717 | -10,362 | 14,311 | 6,015 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,532 | 2,532 | 0 | 0 | 0 | 0 |
change in cash | -29,113 | -55,668 | 47,667 | -42,545 | 21,535 | 16,506 | 60,552 | 83,302 | 18,382 | -2,695 | -9,717 | -10,362 | 14,311 | 6,015 |
P&L
March 2023turnover
415.1k
+5%
operating profit
-30.1k
0%
gross margin
45.2%
-2.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
112.4k
-0.18%
total assets
129.3k
-0.15%
cash
118.2k
-0.2%
net assets
Total assets minus all liabilities
coventry independent advice service ltd company details
company number
02761115
Type
Private Ltd By Guarantee w/o Share Cap
industry
94990 - Activities of other membership organisations n.e.c.
88990 - Other social work activities without accommodation n.e.c.
96090 - Other personal service activities n.e.c.
incorporation date
November 1992
age
32
accounts
Total Exemption Full
ultimate parent company
previous names
coventry independent advice service ltd limited (November 2014)
wood end advice and information centre limited (November 2013)
incorporated
UK
address
oakwood house cheylesmore, coventry, west midlands, CV1 2HL
last accounts submitted
March 2023
coventry independent advice service ltd 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 coventry independent advice service ltd.
coventry independent advice service ltd Companies House Filings - See Documents
date | description | view/download |
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