cement glaze decorators limited
cement glaze decorators limited Company Information
Company Number
02810591
Website
cemglaze.co.ukRegistered Address
the annexe, minerva house, bordyke, tonbridge, kent, TN9 1NR
Industry
Painting
Telephone
02082992553
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
nora harley 50%
denis patrick harley 30%
View Allcement glaze decorators limited Estimated Valuation
Pomanda estimates the enterprise value of CEMENT GLAZE DECORATORS LIMITED at £1.3m based on a Turnover of £4.9m and 0.27x industry multiple (adjusted for size and gross margin).
cement glaze decorators limited Estimated Valuation
Pomanda estimates the enterprise value of CEMENT GLAZE DECORATORS LIMITED at £1m based on an EBITDA of £369k and a 2.81x industry multiple (adjusted for size and gross margin).
cement glaze decorators limited Estimated Valuation
Pomanda estimates the enterprise value of CEMENT GLAZE DECORATORS LIMITED at £1.7m based on Net Assets of £941k and 1.82x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cement Glaze Decorators Limited Overview
Cement Glaze Decorators Limited is a live company located in tonbridge, TN9 1NR with a Companies House number of 02810591. It operates in the painting sector, SIC Code 43341. Founded in April 1993, it's largest shareholder is nora harley with a 50% stake. Cement Glaze Decorators Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.9m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Cement Glaze Decorators Limited Health Check
Pomanda's financial health check has awarded Cement Glaze Decorators Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £4.9m, make it larger than the average company (£135.4k)
£4.9m - Cement Glaze Decorators Limited
£135.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (7.7%)
17% - Cement Glaze Decorators Limited
7.7% - Industry AVG
Production
with a gross margin of 15.9%, this company has a higher cost of product (30.5%)
15.9% - Cement Glaze Decorators Limited
30.5% - Industry AVG
Profitability
an operating margin of 7.4% make it as profitable than the average company (7%)
7.4% - Cement Glaze Decorators Limited
7% - Industry AVG
Employees
with 6 employees, this is above the industry average (2)
6 - Cement Glaze Decorators Limited
2 - Industry AVG
Pay Structure
on an average salary of £47.4k, the company has a higher pay structure (£22.9k)
£47.4k - Cement Glaze Decorators Limited
£22.9k - Industry AVG
Efficiency
resulting in sales per employee of £819.8k, this is more efficient (£84.1k)
£819.8k - Cement Glaze Decorators Limited
£84.1k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is earlier than average (51 days)
31 days - Cement Glaze Decorators Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (22 days)
1 days - Cement Glaze Decorators Limited
22 days - Industry AVG
Stock Days
it holds stock equivalent to 33 days, this is more than average (5 days)
33 days - Cement Glaze Decorators Limited
5 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 57 weeks, this is more cash available to meet short term requirements (22 weeks)
57 weeks - Cement Glaze Decorators Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.7%, this is a lower level of debt than the average (68.8%)
44.7% - Cement Glaze Decorators Limited
68.8% - Industry AVG
CEMENT GLAZE DECORATORS LIMITED financials
Cement Glaze Decorators Limited's latest turnover from July 2023 is £4.9 million and the company has net assets of £941 thousand. According to their latest financial statements, Cement Glaze Decorators Limited has 6 employees and maintains cash reserves of £848.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,918,710 | 4,692,217 | 4,380,802 | 3,063,623 | 4,243,643 | 2,938,049 | 2,767,506 | 2,378,745 | 2,067,680 | 1,263,105 | 1,343,754 | 1,213,998 | 809,775 | 714,682 | 639,129 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 4,135,714 | 4,031,484 | 3,779,087 | 2,533,529 | 3,773,505 | 2,574,978 | 2,296,097 | 1,926,318 | 1,663,483 | 881,354 | 966,077 | 874,319 | 560,809 | 420,975 | 348,550 |
| Gross Profit | 782,996 | 660,733 | 601,715 | 530,094 | 470,138 | 363,071 | 471,409 | 452,427 | 404,197 | 381,751 | 377,677 | 339,679 | 248,966 | 293,707 | 290,579 |
| Admin Expenses | 420,518 | 458,462 | 324,000 | 245,739 | 260,195 | 287,020 | 268,288 | 236,104 | 234,591 | 223,195 | 227,004 | 220,256 | 183,946 | 186,504 | 202,529 |
| Operating Profit | 362,478 | 202,271 | 277,715 | 284,355 | 209,943 | 76,051 | 203,121 | 216,323 | 169,606 | 158,556 | 150,673 | 119,423 | 65,020 | 107,203 | 88,050 |
| Interest Payable | 0 | 0 | 0 | 13,981 | 8,864 | 6,138 | 6,720 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 4,814 | 1,230 | 56 | 1,503 | 348 | 8 | 4 | 2 | 2 | 2 | 6 | 38 | 38 | 178 | 6,057 |
| Pre-Tax Profit | 367,292 | 203,501 | 277,771 | 271,877 | 201,427 | 69,921 | 196,405 | 216,325 | 169,608 | 158,558 | 150,679 | 119,461 | 65,058 | 107,381 | 94,107 |
| Tax | -75,797 | -37,383 | -54,423 | -51,941 | -38,781 | -13,669 | -36,463 | -43,802 | -34,528 | -32,307 | -29,979 | -23,474 | -13,495 | -24,368 | -21,124 |
| Profit After Tax | 291,495 | 166,118 | 223,348 | 219,936 | 162,646 | 56,252 | 159,942 | 172,523 | 135,080 | 126,251 | 120,700 | 95,987 | 51,563 | 83,013 | 72,983 |
| Dividends Paid | 200,000 | 120,000 | 120,000 | 120,000 | 60,000 | 60,000 | 65,000 | 150,000 | 60,000 | 150,000 | 150,000 | 100,000 | 75,000 | 100,000 | 100,000 |
| Retained Profit | 91,495 | 46,118 | 103,348 | 99,936 | 102,646 | -3,748 | 94,942 | 22,523 | 75,080 | -23,749 | -29,300 | -4,013 | -23,437 | -16,987 | -26,917 |
| Employee Costs | 284,262 | 305,318 | 184,818 | 76,340 | 100,002 | 106,859 | 106,555 | 86,633 | 100,340 | 98,120 | 96,581 | 98,780 | 82,891 | 86,694 | 95,643 |
| Number Of Employees | 6 | 7 | 5 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| EBITDA* | 368,974 | 204,884 | 280,222 | 287,466 | 213,802 | 79,336 | 205,359 | 224,860 | 174,098 | 164,294 | 158,854 | 125,745 | 71,841 | 120,638 | 99,505 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 25,983 | 24,595 | 13,903 | 12,818 | 15,436 | 13,139 | 16,424 | 34,150 | 45,726 | 41,623 | 38,177 | 41,459 | 51,665 | 39,201 | 51,363 |
| Intangible Assets | 0 | 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 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 25,983 | 24,595 | 13,903 | 12,818 | 15,436 | 13,139 | 16,424 | 34,150 | 45,726 | 41,623 | 38,177 | 41,459 | 51,665 | 39,201 | 51,363 |
| Stock & work in progress | 380,395 | 1,035,541 | 643,676 | 269,926 | 285,465 | 476,301 | 207,960 | 245,965 | 177,673 | 50,024 | 28,609 | 33,370 | 55,584 | 28,247 | 24,789 |
| Trade Debtors | 422,622 | 151,428 | 0 | 0 | 0 | 0 | 10,692 | 0 | 0 | 22,263 | 36,400 | 97,250 | 25,813 | 15,031 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 24,348 | 48,784 | 46,143 | 14,380 | 26,797 | 21,482 | 28,393 | 19,785 | 28,436 | 85,350 | 95,639 | 83,340 | 89,158 | 157,868 | 7,616 |
| Cash | 848,508 | 284,276 | 579,293 | 1,074,566 | 828,062 | 449,079 | 720,626 | 461,436 | 454,143 | 404,108 | 247,814 | 228,015 | 218,487 | 238,402 | 504,470 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,675,873 | 1,520,029 | 1,269,112 | 1,358,872 | 1,140,324 | 946,862 | 967,671 | 727,186 | 660,252 | 561,745 | 408,462 | 441,975 | 389,042 | 439,548 | 536,875 |
| total assets | 1,701,856 | 1,544,624 | 1,283,015 | 1,371,690 | 1,155,760 | 960,001 | 984,095 | 761,336 | 705,978 | 603,368 | 446,639 | 483,434 | 440,707 | 478,749 | 588,238 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 18,314 | 98,897 | 43,278 | 93,305 | 123,033 | 85,100 | 103,055 | 37,080 | 42,687 | 35,647 | 35,832 | 30,249 | 9,333 | 26,157 | 28,067 |
| Group/Directors Accounts | 655,590 | 541,312 | 358,864 | 480,364 | 345,804 | 309,394 | 293,651 | 230,281 | 133,471 | 194,066 | 23,363 | 47,479 | 31,560 | 24,942 | 121,694 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 86,937 | 54,895 | 77,471 | 97,967 | 86,805 | 68,035 | 86,169 | 87,697 | 146,065 | 64,980 | 55,020 | 43,982 | 34,077 | 38,476 | 32,316 |
| total current liabilities | 760,841 | 695,104 | 479,613 | 671,636 | 555,642 | 462,529 | 482,875 | 355,058 | 322,223 | 294,693 | 114,215 | 121,710 | 74,970 | 89,575 | 182,077 |
| loans | 0 | 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 | 0 |
| Accruals and Deferred Income | 0 | 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 | 0 |
| provisions | 0 | 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 | 0 |
| total liabilities | 760,841 | 695,104 | 479,613 | 671,636 | 555,642 | 462,529 | 482,875 | 355,058 | 322,223 | 294,693 | 114,215 | 121,710 | 74,970 | 89,575 | 182,077 |
| net assets | 941,015 | 849,520 | 803,402 | 700,054 | 600,118 | 497,472 | 501,220 | 406,278 | 383,755 | 308,675 | 332,424 | 361,724 | 365,737 | 389,174 | 406,161 |
| total shareholders funds | 941,015 | 849,520 | 803,402 | 700,054 | 600,118 | 497,472 | 501,220 | 406,278 | 383,755 | 308,675 | 332,424 | 361,724 | 365,737 | 389,174 | 406,161 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 362,478 | 202,271 | 277,715 | 284,355 | 209,943 | 76,051 | 203,121 | 216,323 | 169,606 | 158,556 | 150,673 | 119,423 | 65,020 | 107,203 | 88,050 |
| Depreciation | 6,496 | 2,613 | 2,507 | 3,111 | 3,859 | 3,285 | 2,238 | 8,537 | 4,492 | 5,738 | 8,181 | 6,322 | 6,821 | 13,435 | 11,455 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -75,797 | -37,383 | -54,423 | -51,941 | -38,781 | -13,669 | -36,463 | -43,802 | -34,528 | -32,307 | -29,979 | -23,474 | -13,495 | -24,368 | -21,124 |
| Stock | -655,146 | 391,865 | 373,750 | -15,539 | -190,836 | 268,341 | -38,005 | 68,292 | 127,649 | 21,415 | -4,761 | -22,214 | 27,337 | 3,458 | 24,789 |
| Debtors | 246,758 | 154,069 | 31,763 | -12,417 | 5,315 | -17,603 | 19,300 | -8,651 | -79,177 | -24,426 | -48,551 | 65,619 | -57,928 | 165,283 | 7,616 |
| Creditors | -80,583 | 55,619 | -50,027 | -29,728 | 37,933 | -17,955 | 65,975 | -5,607 | 7,040 | -185 | 5,583 | 20,916 | -16,824 | -1,910 | 28,067 |
| Accruals and Deferred Income | 32,042 | -22,576 | -20,496 | 11,162 | 18,770 | -18,134 | -1,528 | -58,368 | 81,085 | 9,960 | 11,038 | 9,905 | -4,399 | 6,160 | 32,316 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 653,024 | -345,390 | -250,237 | 244,915 | 417,245 | -221,160 | 252,048 | 57,442 | 179,223 | 144,773 | 198,808 | 89,687 | 67,714 | -68,221 | 106,359 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | 114,278 | 182,448 | -121,500 | 134,560 | 36,410 | 15,743 | 63,370 | 96,810 | -60,595 | 170,703 | -24,116 | 15,919 | 6,618 | -96,752 | 121,694 |
| Other Short Term Loans | 0 | 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 | 0 |
| Hire Purchase and Lease Commitments | 0 | 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 | 0 |
| share issue | |||||||||||||||
| interest | 4,814 | 1,230 | 56 | -12,478 | -8,516 | -6,130 | -6,716 | 2 | 2 | 2 | 6 | 38 | 38 | 178 | 6,057 |
| cash flow from financing | 119,092 | 183,678 | -121,444 | 122,082 | 27,894 | 9,613 | 56,654 | 96,812 | -60,593 | 170,705 | -24,110 | 15,957 | 6,656 | -96,574 | 560,829 |
| cash and cash equivalents | |||||||||||||||
| cash | 564,232 | -295,017 | -495,273 | 246,504 | 378,983 | -271,547 | 259,190 | 7,293 | 50,035 | 156,294 | 19,799 | 9,528 | -19,915 | -266,068 | 504,470 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 564,232 | -295,017 | -495,273 | 246,504 | 378,983 | -271,547 | 259,190 | 7,293 | 50,035 | 156,294 | 19,799 | 9,528 | -19,915 | -266,068 | 504,470 |
cement glaze decorators limited Credit Report and Business Information
Cement Glaze Decorators Limited Competitor Analysis
Perform a competitor analysis for cement glaze decorators limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in TN9 area or any other competitors across 12 key performance metrics.
cement glaze decorators limited Ownership
CEMENT GLAZE DECORATORS LIMITED group structure
Cement Glaze Decorators Limited has no subsidiary companies.
Ultimate parent company
CEMENT GLAZE DECORATORS LIMITED
02810591
cement glaze decorators limited directors
Cement Glaze Decorators Limited currently has 3 directors. The longest serving directors include Ms Nora Harley (May 1993) and Mr Denis Harley (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Nora Harley | 61 years | May 1993 | - | Director | |
| Mr Denis Harley | England | 38 years | Jan 2019 | - | Director |
| Mr Georgi Yonchev | United Kingdom | 46 years | May 2020 | - | Director |
P&L
July 2023turnover
4.9m
+5%
operating profit
362.5k
+79%
gross margin
16%
+13.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
941k
+0.11%
total assets
1.7m
+0.1%
cash
848.5k
+1.98%
net assets
Total assets minus all liabilities
cement glaze decorators limited company details
company number
02810591
Type
Private limited with Share Capital
industry
43341 - Painting
incorporation date
April 1993
age
31
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
dynamic decor limited (May 1994)
accountant
BENNETT & CO
auditor
-
address
the annexe, minerva house, bordyke, tonbridge, kent, TN9 1NR
Bank
HSBC BANK PLC
Legal Advisor
-
cement glaze decorators 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 1 charges/mortgages relating to cement glaze decorators limited. Currently there are 1 open charges and 0 have been satisfied in the past.
cement glaze decorators limited Companies House Filings - See Documents
| date | description | view/download |
|---|
