Pomanda estimates the enterprise value of COBROLITE EXPORT LIMITED at £154.5k based on a Turnover of £572.8k and 0.27x industry multiple (adjusted for size and gross margin).
cobrolite export limitedEstimated Valuation
£7.2k
Pomanda estimates the enterprise value of COBROLITE EXPORT LIMITED at £7.2k based on an EBITDA of £2.6k and a 2.81x industry multiple (adjusted for size and gross margin).
cobrolite export limitedEstimated Valuation
£55.6k
Pomanda estimates the enterprise value of COBROLITE EXPORT LIMITED at £55.6k based on Net Assets of £46.5k and 1.2x industry multiple (adjusted for liquidity).
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Cobrolite Export LimitedOverview
Cobrolite Export Limited is a live company located in manchester, M4 5DL with a Companies House number of 03192717. It operates in the manufacture of basic iron and steel and of ferro-alloys sector, SIC Code 24100. Founded in April 1996, it's largest shareholder is
laurence maurice cohen
with a 50% stake. Cobrolite Export Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£572.8k with
declining
growth in recent years.
Pomanda's financial health check has awarded Cobrolite Export 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 Rating3out of 5
3 Strong
3 Regular
6 Weak
Size
annual sales of £572.8k, make it smaller than the average company (£23.6m)
£572.8k - Cobrolite Export Limited
£23.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (10.8%)
-2% - Cobrolite Export Limited
10.8% - Industry AVG
Production
with a gross margin of 15.5%, this company has a comparable cost of product (15.5%)
15.5% - Cobrolite Export Limited
15.5% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (4.2%)
0.5% - Cobrolite Export Limited
4.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (66)
2 - Cobrolite Export Limited
66 - Industry AVG
Pay Structure
on an average salary of £46.4k, the company has an equivalent pay structure (£46.4k)
£46.4k - Cobrolite Export Limited
£46.4k - Industry AVG
Efficiency
resulting in sales per employee of £286.4k, this is less efficient (£388.2k)
£286.4k - Cobrolite Export Limited
£388.2k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is earlier than average (50 days)
15 days - Cobrolite Export Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 111 days, this is slower than average (46 days)
111 days - Cobrolite Export Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 65 days, this is in line with average (58 days)
65 days - Cobrolite Export Limited
58 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 32 weeks, this is more cash available to meet short term requirements (9 weeks)
32 weeks - Cobrolite Export Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.2%, this is a higher level of debt than the average (49.6%)
80.2% - Cobrolite Export Limited
49.6% - Industry AVG
COBROLITE EXPORT LIMITED financials
EXPORT
Cobrolite Export Limited's latest turnover from December 2023 is estimated at £572.8 thousand and the company has net assets of £46.5 thousand. According to their latest financial statements, Cobrolite Export Limited has 2 employees and maintains cash reserves of £116.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
572,772
448,665
432,509
610,641
765,371
1,087,323
629,670
785,630
556,961
861,921
1,074,185
607,145
535,984
584,781
Other Income Or Grants
Cost Of Sales
484,070
376,252
354,898
496,990
624,098
899,412
510,363
623,618
476,360
741,341
912,530
504,415
434,371
464,452
Gross Profit
88,702
72,413
77,611
113,650
141,273
187,911
119,307
162,013
80,601
120,580
161,655
102,729
101,612
120,330
Admin Expenses
86,129
68,436
74,093
111,036
137,490
184,472
117,945
161,072
74,106
113,300
148,683
111,949
137,710
111,804
-56,695
Operating Profit
2,573
3,977
3,518
2,614
3,783
3,439
1,362
941
6,495
7,280
12,972
-9,220
-36,098
8,526
56,695
Interest Payable
Interest Receivable
4,640
1,059
36
24
325
411
182
79
119
71
52
32
207
343
153
Pre-Tax Profit
7,213
5,036
3,554
2,638
4,109
3,851
1,544
1,020
6,614
7,351
13,023
-9,188
-35,891
8,869
56,849
Tax
-1,803
-957
-675
-501
-781
-732
-293
-204
-1,323
-1,544
-2,995
-2,483
-15,918
Profit After Tax
5,410
4,079
2,879
2,137
3,328
3,119
1,251
816
5,291
5,807
10,028
-9,188
-35,891
6,386
40,931
Dividends Paid
Retained Profit
5,410
4,079
2,879
2,137
3,328
3,119
1,251
816
5,291
5,807
10,028
-9,188
-35,891
6,386
40,931
Employee Costs
92,759
91,546
80,592
79,728
81,697
78,711
73,815
36,800
109,947
103,915
136,658
67,934
65,884
98,547
Number Of Employees
2
2
2
2
2
2
2
1
3
3
4
2
2
3
EBITDA*
2,573
4,013
3,571
2,668
3,837
3,493
1,453
1,672
13,998
14,783
20,605
-1,674
-30,743
14,187
63,071
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
36
89
143
197
250
341
714
8,215
15,718
23,351
5,658
10,643
16,304
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
36
89
143
197
250
341
714
8,215
15,718
23,351
5,658
10,643
16,304
Stock & work in progress
86,931
105,533
174,788
215,488
221,050
289,332
147,694
216,126
106,634
169,637
196,678
84,752
74,428
39,627
61,772
Trade Debtors
24,816
18,518
3,030
1,816
35,215
34,137
43,649
44,095
36,918
25,377
39,081
42,126
66,471
94,661
28,025
Group Debtors
Misc Debtors
6,150
5,976
16,067
6,464
2,292
36,253
17,261
20,388
3,595
Cash
116,802
59,955
546
28,365
20,256
66,476
43,167
29,694
33,771
13,677
14,709
5,943
6,773
75,908
61,357
misc current assets
total current assets
234,699
189,982
194,431
252,133
278,813
426,198
251,771
310,303
180,918
208,691
250,468
132,821
147,672
210,196
151,154
total assets
234,699
189,982
194,467
252,222
278,956
426,395
252,021
310,644
181,632
216,906
266,186
156,172
153,330
220,839
167,458
Bank overdraft
Bank loan
Trade Creditors
147,327
109,394
120,523
181,076
207,319
357,403
192,247
249,936
114,373
198,733
252,669
145,775
141,804
171,851
118,573
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
40,889
39,515
36,950
37,031
39,659
40,342
34,243
36,428
43,795
total current liabilities
188,216
148,909
157,473
218,107
246,978
397,745
226,490
286,364
158,168
198,733
252,669
145,775
141,804
171,851
118,573
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
1,151
8,059
1,571
7,854
provisions
total long term liabilities
1,151
8,059
1,571
7,854
total liabilities
188,216
148,909
157,473
218,107
246,978
397,745
226,490
286,364
158,168
198,733
253,820
153,834
141,804
173,422
126,427
net assets
46,483
41,073
36,994
34,115
31,978
28,650
25,531
24,280
23,464
18,173
12,366
2,338
11,526
47,417
41,031
total shareholders funds
46,483
41,073
36,994
34,115
31,978
28,650
25,531
24,280
23,464
18,173
12,366
2,338
11,526
47,417
41,031
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
2,573
3,977
3,518
2,614
3,783
3,439
1,362
941
6,495
7,280
12,972
-9,220
-36,098
8,526
56,695
Depreciation
36
53
54
54
54
91
731
7,503
7,503
7,633
7,546
5,355
5,661
6,376
Amortisation
Tax
-1,803
-957
-675
-501
-781
-732
-293
-204
-1,323
-1,544
-2,995
-2,483
-15,918
Stock
-18,602
-69,255
-40,700
-5,562
-68,282
141,638
-68,432
109,492
-63,003
-27,041
111,926
10,324
34,801
-22,145
61,772
Debtors
6,472
5,397
10,817
-29,227
-32,883
9,480
-3,573
23,970
15,136
-13,704
-3,045
-24,345
-28,190
66,636
28,025
Creditors
37,933
-11,129
-60,553
-26,243
-150,084
165,156
-57,689
135,563
-84,360
-53,936
106,894
3,971
-30,047
53,278
118,573
Accruals and Deferred Income
1,374
2,565
-81
-2,628
-683
6,099
-2,185
-7,367
43,795
Deferred Taxes & Provisions
Cash flow from operations
52,207
58,350
-27,855
8,085
-46,546
22,898
13,291
-3,798
19,977
48
15,623
16,318
-67,401
20,491
75,929
Investing Activities
capital expenditure
-1
-358
-2
-25,239
-370
-22,680
Change in Investments
cash flow from investments
-1
-358
-2
-25,239
-370
-22,680
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-1,151
-6,908
8,059
-1,571
-6,283
7,854
share issue
100
interest
4,640
1,059
36
24
325
411
182
79
119
71
52
32
207
343
153
cash flow from financing
4,640
1,059
36
24
325
411
182
79
119
-1,080
-6,856
8,091
-1,364
-5,940
8,107
cash and cash equivalents
cash
56,847
59,409
-27,819
8,109
-46,220
23,309
13,473
-4,077
20,094
-1,032
8,766
-830
-69,135
14,551
61,357
overdraft
change in cash
56,847
59,409
-27,819
8,109
-46,220
23,309
13,473
-4,077
20,094
-1,032
8,766
-830
-69,135
14,551
61,357
cobrolite export limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for cobrolite export limited. Get real-time insights into cobrolite export limited's credit score, group structure and payment trends.
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cobrolite export limited Ownership
COBROLITE EXPORT LIMITED group structure
Cobrolite Export Limited has no subsidiary companies.
Ultimate parent company
COBROLITE EXPORT LIMITED
03192717
COBROLITE EXPORT LIMITED Shareholders
The largest shareholders in Cobrolite Export Limited include Laurence Maurice Cohen and James Stephen Hartley.
laurence maurice cohen
50%
james stephen hartley
50%
cobrolite export limited directors
Cobrolite Export Limited currently has 2 directors.
The longest serving directors include
Mr Laurence Cohen (Apr 1997) and
Mr James Hartley (May 1997).
24100 - Manufacture of basic iron and steel and of ferro-alloys
incorporation date
April 1996
age
29
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
BEEVER AND STRUTHERS
auditor
-
address
c/o beever and struthers, one express, manchester, M4 5DL
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
cobrolite export 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 cobrolite export limited.
cobrolite export limited Capital Raised & Share Issues BETA
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cobrolite export limitedCompanies House Filings - See Documents
