Martin Charles Textiles Limited

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martin charles textiles limited Company Information

Live

MatureMicroLow

Company Number

03030027

Next Accounts

Dec 2024

Industry

Agents involved in the sale of textiles, clothing, fur, footwear and leather goods

Other personal service activities n.e.c.

Directors

Martin Musikant

Shareholders

martin musikant

jacqueline musikant

Group Structure

View All

Contact

Registered Address

19 beech hill, hadley wood, barnet, hertfordshire, EN4 0JN

Website

martin charles textiles limited Estimated Valuation

£63.3k

Pomanda estimates the enterprise value of MARTIN CHARLES TEXTILES LIMITED at £63.3k based on a Turnover of £137.2k and 0.46x industry multiple (adjusted for size and gross margin).

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Martin Charles Textiles Limited is a live company located in barnet, EN4 0JN with a Companies House number of 03030027. It operates in the agents involved in the sale of textiles, clothing, fur, footwear and leather goods sector, SIC Code 46160. Founded in March 1995, it's largest shareholder is martin musikant with a 50% stake. Martin Charles Textiles Limited is a mature, micro sized company, Pomanda has estimated its turnover at £137.2k with low growth in recent years.

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Pomanda's financial health check has awarded Martin Charles Textiles Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating2.5out of 5

2 Strong

2 Regular

6 Weak

Size

annual sales of £137.2k, make it smaller than the average company (£1.1m)

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (7%)

EXPORT

Martin Charles Textiles Limited's latest turnover from March 2023 is estimated at £137.2 thousand and the company has net assets of £18.4 thousand. According to their latest financial statements, Martin Charles Textiles Limited has 2 employees and maintains cash reserves of 0 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	137,179	108,747	93,474	137,048	131,500	153,599	152,878	139,986	133,686	290,373	249,194	119,533	96,412	70,442
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	115,518	90,389	79,324	115,641	112,831	132,630	128,348	113,965	108,992	239,288	206,045	98,668	78,915	57,888
Gross Profit	21,662	18,358	14,151	21,407	18,669	20,969	24,530	26,021	24,694	51,084	43,149	20,865	17,497	12,555
Admin Expenses	5,406	12,453	19,244	25,124	-3,138	25,383	27,462	34,565	121,850	10,948	-21,847	-7,131	13,142	12,034
Operating Profit	16,256	5,905	-5,093	-3,717	21,807	-4,414	-2,932	-8,544	-97,156	40,136	64,996	27,996	4,355	521
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	34	34	0	0	0	0	0
Pre-Tax Profit	16,256	5,905	-5,093	-3,717	21,807	-4,414	-2,932	-8,510	-97,122	40,136	64,996	27,996	4,356	521
Tax	-3,089	-1,122	0	0	-4,143	0	0	0	0	-9,231	-15,599	-7,279	-1,220	-146
Profit After Tax	13,167	4,783	-5,093	-3,717	17,664	-4,414	-2,932	-8,510	-97,122	30,905	49,397	20,717	3,136	375
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	13,167	4,783	-5,093	-3,717	17,664	-4,414	-2,932	-8,510	-97,122	30,905	49,397	20,717	3,136	375
Employee Costs	64,627	60,087	59,514	51,450	57,955	79,446	54,670	31,089	30,770	58,459	54,219	28,025	28,414	24,817
Number Of Employees	2	2	2	2	2	3	2	1	1	2	2	1	1	1
EBITDA*	16,256	5,905	-5,093	-3,717	21,807	-4,414	-2,932	-7,974	-96,514	40,630	65,279	28,373	4,697	977

* 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	796	554	738	984	1,312	1,633	1,283	1,711	1,923	1,485	849	1,132	1,026	1,368
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	796	554	738	984	1,312	1,633	1,283	1,711	1,923	1,485	849	1,132	1,026	1,368
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	36,670	25,689	22,345	35,307	33,812	30,096	39,627	36,153	26,905	69,806	59,435	26,862	22,235	13,069
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	7,437	81,908	53,871	27,609	4,651	4,165
Cash	0	0	0	0	0	0	0	95	13,449	100	0	0	0	73
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	36,670	25,689	22,345	35,307	33,812	30,096	39,627	36,248	47,791	151,814	113,306	54,471	26,886	17,307
total assets	37,466	26,243	23,083	36,291	35,124	31,729	40,910	37,959	49,714	153,299	114,155	55,603	27,912	18,675
Bank overdraft	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
Trade Creditors	19,110	21,054	22,677	30,792	25,908	39,802	44,944	38,801	42,022	48,596	40,528	31,373	24,399	18,298
Group/Directors Accounts	0	0	0	0	0	375	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	19,110	21,054	22,677	30,792	25,908	40,177	44,944	38,801	42,022	48,596	40,528	31,373	24,399	18,298
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	258	282	171	0	0	0	0
total long term liabilities	0	0	0	0	0	0	0	258	282	171	0	0	0	0
total liabilities	19,110	21,054	22,677	30,792	25,908	40,177	44,944	39,059	42,304	48,767	40,528	31,373	24,399	18,298
net assets	18,356	5,189	406	5,499	9,216	-8,448	-4,034	-1,100	7,410	104,532	73,627	24,230	3,513	377
total shareholders funds	18,356	5,189	406	5,499	9,216	-8,448	-4,034	-1,100	7,410	104,532	73,627	24,230	3,513	377

	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	16,256	5,905	-5,093	-3,717	21,807	-4,414	-2,932	-8,544	-97,156	40,136	64,996	27,996	4,355	521
Depreciation	0	0	0	0	0	0	0	570	642	494	283	377	342	456
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-3,089	-1,122	0	0	-4,143	0	0	0	0	-9,231	-15,599	-7,279	-1,220	-146
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	10,981	3,344	-12,962	1,495	3,716	-9,531	3,474	1,811	-117,372	38,408	58,835	27,585	9,652	17,234
Creditors	-1,944	-1,623	-8,115	4,884	-13,894	-5,142	6,143	-3,221	-6,574	8,068	9,155	6,974	6,101	18,298
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	-258	-24	111	171	0	0	0	0
Cash flow from operations	242	-184	-246	-328	54	-25	-521	-13,030	14,395	1,230	0	483	-74	1,895
Investing Activities
capital expenditure	-242	184	246	328	321	-350	428	-358	-1,080	-1,130	0	-483	0	-1,824
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-242	184	246	328	321	-350	428	-358	-1,080	-1,130	0	-483	0	-1,824
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	-375	375	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	0	0	0	0	0	0	-2	0	0	0	0	0	0	2
interest	0	0	0	0	0	0	0	34	34	0	0	0	0	0
cash flow from financing	0	0	0	0	-375	375	-2	34	34	0	0	0	0	2
cash and cash equivalents
cash	0	0	0	0	0	0	-95	-13,354	13,349	100	0	0	-73	73
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	-95	-13,354	13,349	100	0	0	-73	73

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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MARTIN CHARLES TEXTILES LIMITED group structure

Martin Charles Textiles Limited has no subsidiary companies.

Ultimate parent company

MARTIN CHARLES TEXTILES LIMITED

03030027

MARTIN CHARLES TEXTILES LIMITED Shareholders

martin musikant	50%
jacqueline musikant	50%

Martin Charles Textiles Limited currently has 1 director, Mr Martin Musikant serving since Dec 2006.

officer	country	age	start	end	role
Mr Martin Musikant		70 years	Dec 2006	-	Director

P&L

March 2023

turnover

137.2k

+26%

operating profit

16.3k

gross margin

15.8%

-6.46%

turnover

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

Balance Sheet

March 2023

net assets

18.4k

+2.54%

total assets

37.5k

+0.43%

cash

net assets

Total assets minus all liabilities

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company number

03030027

Type

Private limited with Share Capital

industry

46160 - Agents involved in the sale of textiles, clothing, fur, footwear and leather goods

96090 - Other personal service activities n.e.c.

incorporation date

March 1995

ultimate parent company

None

previous names

N/A

address

19 beech hill, hadley wood, barnet, hertfordshire, EN4 0JN

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martin charles textiles limited Company Information

martin charles textiles limited Estimated Valuation

martin charles textiles limited Estimated Valuation

martin charles textiles limited Estimated Valuation

Martin Charles Textiles Limited Overview

Martin Charles Textiles Limited Health Check

MARTIN CHARLES TEXTILES LIMITED financials

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