condition environment services limited
condition environment services limited Company Information
Company Number
02866087
Next Accounts
Dec 2025
Shareholders
christian john pearce
arran david coulson
View AllGroup Structure
View All
Industry
Steam and air conditioning supply
Registered Address
245 acton lane park royal, london, london, NW10 7NR
condition environment services limited Estimated Valuation
Pomanda estimates the enterprise value of CONDITION ENVIRONMENT SERVICES LIMITED at £12m based on a Turnover of £10.8m and 1.12x industry multiple (adjusted for size and gross margin).
condition environment services limited Estimated Valuation
Pomanda estimates the enterprise value of CONDITION ENVIRONMENT SERVICES LIMITED at £0 based on an EBITDA of £-484.3k and a 5.21x industry multiple (adjusted for size and gross margin).
condition environment services limited Estimated Valuation
Pomanda estimates the enterprise value of CONDITION ENVIRONMENT SERVICES LIMITED at £810.1k based on Net Assets of £280.4k and 2.89x industry multiple (adjusted for liquidity).
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Condition Environment Services Limited Overview
Condition Environment Services Limited is a live company located in london, NW10 7NR with a Companies House number of 02866087. It operates in the steam and air conditioning supply sector, SIC Code 35300. Founded in October 1993, it's largest shareholder is christian john pearce with a 33.3% stake. Condition Environment Services Limited is a mature, mid sized company, Pomanda has estimated its turnover at £10.8m with rapid growth in recent years.
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Condition Environment Services Limited Health Check
Pomanda's financial health check has awarded Condition Environment Services Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £10.8m, make it larger than the average company (£2.5m)
- Condition Environment Services Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 63%, show it is growing at a faster rate (18.8%)
- Condition Environment Services Limited
18.8% - Industry AVG
Production
with a gross margin of 22.5%, this company has a comparable cost of product (22.5%)
- Condition Environment Services Limited
22.5% - Industry AVG
Profitability
an operating margin of -4.8% make it less profitable than the average company (6.8%)
- Condition Environment Services Limited
6.8% - Industry AVG
Employees
with 41 employees, this is above the industry average (5)
41 - Condition Environment Services Limited
5 - Industry AVG
Pay Structure
on an average salary of £60.8k, the company has an equivalent pay structure (£60.8k)
- Condition Environment Services Limited
£60.8k - Industry AVG
Efficiency
resulting in sales per employee of £262.2k, this is equally as efficient (£244k)
- Condition Environment Services Limited
£244k - Industry AVG
Debtor Days
it gets paid by customers after 70 days, this is near the average (72 days)
- Condition Environment Services Limited
72 days - Industry AVG
Creditor Days
its suppliers are paid after 86 days, this is slower than average (37 days)
- Condition Environment Services Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is less than average (12 days)
- Condition Environment Services Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (23 weeks)
8 weeks - Condition Environment Services Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93%, this is a higher level of debt than the average (55%)
93% - Condition Environment Services Limited
55% - Industry AVG
CONDITION ENVIRONMENT SERVICES LIMITED financials
Condition Environment Services Limited's latest turnover from March 2024 is estimated at £10.8 million and the company has net assets of £280.4 thousand. According to their latest financial statements, Condition Environment Services Limited has 41 employees and maintains cash reserves of £567.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,462,024 | 4,621,001 | ||||||||||||||
| Other Income Or Grants | ||||||||||||||||
| Cost Of Sales | 974,780 | 3,578,128 | ||||||||||||||
| Gross Profit | 1,487,244 | 1,042,873 | ||||||||||||||
| Admin Expenses | 929,157 | 919,671 | ||||||||||||||
| Operating Profit | 558,087 | 123,202 | ||||||||||||||
| Interest Payable | 1,631 | 13,428 | ||||||||||||||
| Interest Receivable | ||||||||||||||||
| Pre-Tax Profit | 556,456 | 109,774 | ||||||||||||||
| Tax | -106,426 | -21,607 | ||||||||||||||
| Profit After Tax | 450,030 | 88,167 | ||||||||||||||
| Dividends Paid | ||||||||||||||||
| Retained Profit | 450,030 | 88,167 | ||||||||||||||
| Employee Costs | ||||||||||||||||
| Number Of Employees | 41 | 15 | 17 | 20 | 21 | 11 | 9 | |||||||||
| EBITDA* | 561,449 | 124,322 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 188,411 | 18,430 | 1,121 | 4,482 | 7,844 | 11,206 | 14,568 | |||||||||
| Intangible Assets | ||||||||||||||||
| Investments & Other | ||||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||||
| Total Fixed Assets | 188,411 | 18,430 | 1,121 | 4,482 | 7,844 | 11,206 | 14,568 | |||||||||
| Stock & work in progress | 114,787 | 53,234 | 61,776 | 65,661 | 60,576 | 29,407 | 56,302 | 43,050 | ||||||||
| Trade Debtors | 2,080,058 | 1,178,219 | 548,592 | 514,566 | 240,286 | 207,963 | 157,660 | 117,807 | 240,947 | 2 | 2 | 2 | 2 | 2 | 2 | |
| Group Debtors | 12,255 | 31,085 | ||||||||||||||
| Misc Debtors | 1,019,938 | 353,568 | 319,529 | 359,169 | 472,799 | 165,972 | 15,267 | 50,002 | ||||||||
| Cash | 567,273 | 401,213 | 117,471 | 72,439 | 16,376 | 22,353 | 44,435 | 131,064 | 122,730 | 2,270 | 2,331 | 4,620 | ||||
| misc current assets | ||||||||||||||||
| total current assets | 3,794,311 | 1,663,751 | 1,081,407 | 972,195 | 676,407 | 732,522 | 424,369 | 307,188 | 413,679 | 2 | 2 | 2 | 2,272 | 2,333 | 4,622 | |
| total assets | 3,982,722 | 1,682,181 | 1,081,407 | 973,316 | 680,889 | 740,366 | 435,575 | 321,756 | 413,679 | 2 | 2 | 2 | 2,272 | 2,333 | 4,622 | |
| Bank overdraft | 9,709 | 9,709 | 7,905 | |||||||||||||
| Bank loan | ||||||||||||||||
| Trade Creditors | 1,965,704 | 161,277 | 417,913 | 378,158 | 59,500 | 126,316 | 11,885 | 20,384 | 4,530 | 2,184 | 2,184 | 2,184 | 4,390 | 4,389 | 6,424 | |
| Group/Directors Accounts | 20,000 | 26,788 | ||||||||||||||
| other short term finances | 35,838 | |||||||||||||||
| hp & lease commitments | 1,483 | 5,661 | 5,224 | |||||||||||||
| other current liabilities | 1,528,129 | 706,058 | 288,972 | 298,266 | 406,623 | 521,388 | 356,046 | 225,779 | 398,583 | |||||||
| total current liabilities | 3,549,671 | 877,044 | 716,594 | 684,329 | 492,911 | 649,187 | 373,592 | 251,387 | 403,113 | 2,184 | 2,184 | 2,184 | 4,390 | 4,389 | 6,424 | |
| loans | 152,645 | 22,680 | 32,386 | 42,095 | ||||||||||||
| hp & lease commitments | 1,483 | 7,144 | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||||
| other liabilities | ||||||||||||||||
| provisions | 2,632 | 3,631 | 2,129 | 2,768 | ||||||||||||
| total long term liabilities | 152,645 | 22,680 | 32,386 | 44,727 | 3,631 | 3,612 | 9,912 | |||||||||
| total liabilities | 3,702,316 | 899,724 | 748,980 | 729,056 | 496,542 | 649,187 | 377,204 | 261,299 | 403,113 | 2,184 | 2,184 | 2,184 | 4,390 | 4,389 | 6,424 | |
| net assets | 280,406 | 782,457 | 332,427 | 244,260 | 184,347 | 91,179 | 58,371 | 60,457 | 10,566 | -2,182 | -2,182 | -2,182 | -2,118 | -2,056 | -1,802 | |
| total shareholders funds | 280,406 | 782,457 | 332,427 | 244,260 | 184,347 | 91,179 | 58,371 | 60,457 | 10,566 | -2,182 | -2,182 | -2,182 | -2,118 | -2,056 | -1,802 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | 558,087 | 123,202 | ||||||||||||||
| Depreciation | 30,704 | 3,362 | 1,120 | 3,361 | 3,362 | 3,362 | 3,362 | 2,241 | ||||||||
| Amortisation | ||||||||||||||||
| Tax | -106,426 | -21,607 | ||||||||||||||
| Stock | 61,553 | -8,542 | -3,885 | 5,085 | 31,169 | -26,895 | 13,252 | 43,050 | ||||||||
| Debtors | 1,902,947 | 307,144 | 68,065 | 234,640 | -81,307 | 357,130 | 190,558 | -157,875 | 290,949 | -2 | 2 | |||||
| Creditors | 1,804,427 | -256,636 | 39,755 | 318,658 | -66,816 | 114,431 | -8,499 | 15,854 | 4,530 | -2,184 | -2,206 | 1 | -2,035 | 6,424 | ||
| Accruals and Deferred Income | 822,071 | 417,086 | -9,294 | -108,357 | -114,765 | 165,342 | 130,267 | -172,804 | 398,583 | |||||||
| Deferred Taxes & Provisions | -2,632 | -999 | 3,631 | -2,129 | -639 | 2,768 | ||||||||||
| Cash flow from operations | 316,871 | 66,364 | ||||||||||||||
| Investing Activities | ||||||||||||||||
| capital expenditure | ||||||||||||||||
| Change in Investments | ||||||||||||||||
| cash flow from investments | ||||||||||||||||
| Financing Activities | ||||||||||||||||
| Bank loans | ||||||||||||||||
| Group/Directors Accounts | 20,000 | -26,788 | 26,788 | |||||||||||||
| Other Short Term Loans | 35,838 | |||||||||||||||
| Long term loans | 129,965 | -9,706 | -9,709 | 42,095 | ||||||||||||
| Hire Purchase and Lease Commitments | -1,483 | -5,661 | -5,224 | 12,368 | ||||||||||||
| other long term liabilities | ||||||||||||||||
| share issue | ||||||||||||||||
| interest | -1,631 | -13,428 | ||||||||||||||
| cash flow from financing | -11,337 | -23,137 | ||||||||||||||
| cash and cash equivalents | ||||||||||||||||
| cash | 166,060 | 283,742 | 45,032 | 56,063 | -5,977 | -22,082 | -86,629 | 8,334 | 122,730 | -2,270 | -61 | -2,289 | 4,620 | |||
| overdraft | -9,709 | 1,804 | 7,905 | |||||||||||||
| change in cash | 175,769 | 283,742 | 43,228 | 48,158 | -5,977 | -22,082 | -86,629 | 8,334 | 122,730 | -2,270 | -61 | -2,289 | 4,620 |
condition environment services limited Credit Report and Business Information
Condition Environment Services Limited Competitor Analysis
Perform a competitor analysis for condition environment services limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other mid companies, companies in NW10 area or any other competitors across 12 key performance metrics.
condition environment services limited Ownership
CONDITION ENVIRONMENT SERVICES LIMITED group structure
Condition Environment Services Limited has no subsidiary companies.
Ultimate parent company
CONDITION ENVIRONMENT SERVICES LIMITED
02866087
condition environment services limited directors
Condition Environment Services Limited currently has 2 directors. The longest serving directors include Mr Lee Pearce (Jul 2009) and Mr Arran Coulson (Apr 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lee Pearce | 53 years | Jul 2009 | - | Director | |
| Mr Arran Coulson | 47 years | Apr 2019 | - | Director |
P&L
March 2024turnover
10.8m
+337%
operating profit
-515k
0%
gross margin
22.5%
-62.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
280.4k
-0.64%
total assets
4m
+1.37%
cash
567.3k
+0.41%
net assets
Total assets minus all liabilities
condition environment services limited company details
company number
02866087
Type
Private limited with Share Capital
industry
35300 - Steam and air conditioning supply
incorporation date
October 1993
age
32
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
conditioned environmental services limited (July 2009)
eagle procurement ltd. (July 2009)
accountant
BROOKS GREEN
auditor
-
address
245 acton lane park royal, london, london, NW10 7NR
Bank
-
Legal Advisor
-
condition environment 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 did not find charges/mortgages relating to condition environment services limited.
condition environment services limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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condition environment services limited Companies House Filings - See Documents
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