crown workspace limited
crown workspace limited Company Information
Company Number
03250579
Next Accounts
Sep 2025
Shareholders
crown worldwide limited
Group Structure
View All
Industry
Removal services
Registered Address
heritage house, 345 southbury road, enfield, EN1 1TW
Website
-crown workspace limited Estimated Valuation
Pomanda estimates the enterprise value of CROWN WORKSPACE LIMITED at £18.9m based on a Turnover of £24m and 0.79x industry multiple (adjusted for size and gross margin).
crown workspace limited Estimated Valuation
Pomanda estimates the enterprise value of CROWN WORKSPACE LIMITED at £0 based on an EBITDA of £-57k and a 6.48x industry multiple (adjusted for size and gross margin).
crown workspace limited Estimated Valuation
Pomanda estimates the enterprise value of CROWN WORKSPACE LIMITED at £16.9m based on Net Assets of £7.4m and 2.29x industry multiple (adjusted for liquidity).
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Crown Workspace Limited Overview
Crown Workspace Limited is a live company located in enfield, EN1 1TW with a Companies House number of 03250579. It operates in the removal services sector, SIC Code 49420. Founded in September 1996, it's largest shareholder is crown worldwide limited with a 100% stake. Crown Workspace Limited is a mature, large sized company, Pomanda has estimated its turnover at £24m with low growth in recent years.
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Crown Workspace Limited Health Check
Pomanda's financial health check has awarded Crown Workspace Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £24m, make it larger than the average company (£815.7k)
£24m - Crown Workspace Limited
£815.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (11.3%)
3% - Crown Workspace Limited
11.3% - Industry AVG
Production
with a gross margin of 27.5%, this company has a higher cost of product (36.3%)
27.5% - Crown Workspace Limited
36.3% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (4%)
-1.8% - Crown Workspace Limited
4% - Industry AVG
Employees
with 206 employees, this is above the industry average (15)
206 - Crown Workspace Limited
15 - Industry AVG
Pay Structure
on an average salary of £42.8k, the company has an equivalent pay structure (£37.1k)
£42.8k - Crown Workspace Limited
£37.1k - Industry AVG
Efficiency
resulting in sales per employee of £116.7k, this is more efficient (£95.7k)
£116.7k - Crown Workspace Limited
£95.7k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is later than average (22 days)
76 days - Crown Workspace Limited
22 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (26 days)
8 days - Crown Workspace Limited
26 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is more than average (4 days)
20 days - Crown Workspace Limited
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (15 weeks)
6 weeks - Crown Workspace Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38%, this is a lower level of debt than the average (72.2%)
38% - Crown Workspace Limited
72.2% - Industry AVG
CROWN WORKSPACE LIMITED financials
Crown Workspace Limited's latest turnover from December 2023 is £24 million and the company has net assets of £7.4 million. According to their latest financial statements, Crown Workspace Limited has 206 employees and maintains cash reserves of £508 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 24,043,000 | 26,178,000 | 25,126,000 | 21,714,000 | 15,610,000 | 21,859,055 | 19,335,756 | 23,639,977 | 20,447,991 | 16,319,310 | 13,473,061 | 13,483,211 | 17,485,129 | 16,373,426 | 20,258,633 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 17,444,000 | 19,895,000 | 18,928,000 | 16,351,000 | 11,321,000 | 16,212,023 | 11,943,563 | 15,243,457 | 13,575,325 | 12,524,384 | |||||
| Gross Profit | 6,599,000 | 6,283,000 | 6,198,000 | 5,363,000 | 4,289,000 | 5,647,032 | 7,392,193 | 8,396,520 | 6,872,666 | 4,960,745 | |||||
| Admin Expenses | 7,019,000 | 6,176,000 | 5,825,000 | 4,466,000 | 3,246,000 | 4,462,814 | 5,851,239 | 6,081,323 | 5,296,606 | 4,431,121 | |||||
| Operating Profit | -420,000 | 107,000 | 373,000 | 897,000 | 1,043,000 | 1,184,218 | 1,540,954 | 2,315,197 | 1,576,060 | 759,422 | 461,485 | 434,127 | 529,624 | 1,464,553 | 310,581 |
| Interest Payable | 19,000 | 8,000 | 2,000 | 6,000 | 5,000 | 10,207 | 8,297 | 5,939 | 12,473 | 23,159 | 28,248 | 29,240 | 30,032 | 21,552 | 30,499 |
| Interest Receivable | 0 | 107,000 | 129,000 | 105,000 | 77,000 | 527 | 424 | 1,191 | 0 | 0 | 0 | 0 | 0 | 0 | 841 |
| Pre-Tax Profit | -439,000 | 206,000 | 500,000 | 996,000 | 1,115,000 | 1,255,138 | 1,533,081 | 2,310,449 | 1,563,587 | 736,263 | 433,237 | 404,887 | 647,541 | 1,443,001 | 280,923 |
| Tax | 23,000 | -93,000 | -171,000 | -22,000 | 58,000 | -93,736 | -255,919 | -496,406 | -351,695 | -156,584 | -109,961 | -149,881 | -161,449 | -414,094 | -95,720 |
| Profit After Tax | -416,000 | 113,000 | 329,000 | 974,000 | 1,173,000 | 1,161,402 | 1,277,162 | 1,814,043 | 1,211,892 | 579,679 | 323,276 | 255,006 | 486,092 | 1,028,907 | 185,203 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 193,090 | 300,000 | 290,000 | 1,160,000 | 440,000 | 440,000 | 500,000 | 606,000 | 450,000 | 130,000 |
| Retained Profit | -416,000 | 113,000 | 329,000 | 974,000 | 1,173,000 | 968,312 | 977,162 | 1,524,043 | 51,892 | 139,679 | -116,724 | -244,994 | -119,908 | 578,907 | 55,203 |
| Employee Costs | 8,823,000 | 8,484,000 | 7,813,000 | 7,345,000 | 5,949,000 | 7,766,678 | 7,160,523 | 7,038,115 | 6,193,141 | 5,686,114 | 5,316,861 | 5,428,777 | 6,190,762 | 6,095,979 | 8,822,173 |
| Number Of Employees | 206 | 213 | 207 | 185 | 203 | 206 | 219 | 202 | 189 | 178 | 175 | 186 | 211 | 236 | 204 |
| EBITDA* | -57,000 | 390,000 | 654,000 | 1,109,000 | 1,220,000 | 1,423,697 | 1,786,473 | 2,507,619 | 1,742,258 | 951,158 | 718,302 | 713,732 | 912,264 | 1,705,032 | 593,895 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,251,000 | 1,012,000 | 758,000 | 671,000 | 631,000 | 719,260 | 882,547 | 881,513 | 788,850 | 524,252 | 496,102 | 533,841 | 808,242 | 803,806 | 523,768 |
| Intangible Assets | 140,000 | 186,000 | 232,000 | 278,000 | 324,000 | 366,881 | 412,741 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 1,000 | 0 | 0 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 0 |
| Debtors (Due After 1 year) | 3,121,000 | 3,172,000 | 3,824,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,512,000 | 4,370,000 | 4,814,000 | 949,000 | 955,000 | 1,087,141 | 1,295,288 | 881,513 | 789,850 | 525,252 | 497,102 | 534,841 | 809,242 | 804,806 | 523,768 |
| Stock & work in progress | 962,000 | 1,161,000 | 1,081,000 | 704,000 | 546,000 | 597,183 | 344,201 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 5,068,000 | 5,613,000 | 5,384,000 | 3,939,000 | 4,339,000 | 4,793,561 | 3,838,883 | 3,405,091 | 4,003,153 | 3,461,358 | 3,100,653 | 1,478,786 | 3,243,123 | 2,876,073 | 3,378,711 |
| Group Debtors | 0 | 0 | 0 | 3,081,000 | 2,277,000 | 1,117,673 | 206,538 | 297,928 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 897,000 | 940,000 | 1,338,000 | 1,070,000 | 897,000 | 1,516,988 | 1,680,265 | 1,143,552 | 1,393,307 | 1,162,521 | 1,085,027 | 941,716 | 787,983 | 975,670 | 805,637 |
| Cash | 508,000 | 587,000 | 666,000 | 1,176,000 | 364,000 | 19,816 | 292,389 | 1,430,328 | 1,482,211 | 8,133 | 8,133 | 799,256 | 8,159 | 992,443 | 8,659 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,435,000 | 8,301,000 | 8,469,000 | 9,970,000 | 8,423,000 | 8,045,221 | 6,362,276 | 6,276,899 | 6,878,671 | 4,632,012 | 4,193,813 | 3,219,758 | 4,039,265 | 4,844,186 | 4,193,007 |
| total assets | 11,947,000 | 12,671,000 | 13,283,000 | 10,919,000 | 9,378,000 | 9,132,362 | 7,657,564 | 7,158,412 | 7,668,521 | 5,157,264 | 4,690,915 | 3,754,599 | 4,848,507 | 5,648,992 | 4,716,775 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 155,695 | 0 | 0 | 459,440 | 107,330 | 347,853 | 0 | 397,262 | 0 | 74,781 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 424,000 | 2,212,000 | 2,536,000 | 1,407,000 | 1,088,000 | 1,932,525 | 1,362,782 | 1,585,950 | 1,675,151 | 1,321,222 | 1,212,259 | 773,521 | 915,526 | 946,897 | 1,268,097 |
| Group/Directors Accounts | 1,796,000 | 620,000 | 0 | 0 | 0 | 32,802 | 30,965 | 107,122 | 770,739 | 19,787 | 24,148 | 1,921 | 1,969 | 94,980 | 2,619 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 54,000 | 7,000 | 17,000 | 14,000 | 44,000 | 55,849 | 70,183 | 58,683 | 59,361 | 98,740 | 115,094 | 156,770 | 99,408 | 158,248 | 119,406 |
| other current liabilities | 1,866,000 | 1,835,000 | 2,914,000 | 2,012,000 | 1,742,000 | 1,571,221 | 1,611,745 | 1,827,983 | 2,669,744 | 1,799,655 | 1,224,443 | 887,853 | 1,099,426 | 2,051,540 | 1,629,738 |
| total current liabilities | 4,140,000 | 4,674,000 | 5,467,000 | 3,433,000 | 2,874,000 | 3,748,092 | 3,075,675 | 3,579,738 | 5,634,435 | 3,346,734 | 2,923,797 | 1,820,065 | 2,513,591 | 3,251,665 | 3,094,641 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 244,000 | 15,000 | 0 | 17,000 | 31,000 | 63,183 | 143,283 | 144,006 | 122,454 | 20,755 | 118,059 | 168,751 | 324,139 | 267,990 | 72,704 |
| 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 | 153,000 | 156,000 | 103,000 | 85,000 | 63,000 | 83,517 | 96,741 | 69,965 | 71,002 | 1,037 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 397,000 | 171,000 | 103,000 | 102,000 | 94,000 | 146,700 | 240,024 | 213,971 | 193,456 | 21,792 | 118,059 | 168,751 | 324,139 | 267,990 | 72,704 |
| total liabilities | 4,537,000 | 4,845,000 | 5,570,000 | 3,535,000 | 2,968,000 | 3,894,792 | 3,315,699 | 3,793,709 | 5,827,891 | 3,368,526 | 3,041,856 | 1,988,816 | 2,837,730 | 3,519,655 | 3,167,345 |
| net assets | 7,410,000 | 7,826,000 | 7,713,000 | 7,384,000 | 6,410,000 | 5,237,570 | 4,341,865 | 3,364,703 | 1,840,630 | 1,788,738 | 1,649,059 | 1,765,783 | 2,010,777 | 2,129,337 | 1,549,430 |
| total shareholders funds | 7,410,000 | 7,826,000 | 7,713,000 | 7,384,000 | 6,410,000 | 5,237,570 | 4,341,865 | 3,364,703 | 1,840,630 | 1,788,738 | 1,649,059 | 1,765,783 | 2,010,777 | 2,129,337 | 1,549,430 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -420,000 | 107,000 | 373,000 | 897,000 | 1,043,000 | 1,184,218 | 1,540,954 | 2,315,197 | 1,576,060 | 759,422 | 461,485 | 434,127 | 529,624 | 1,464,553 | 310,581 |
| Depreciation | 317,000 | 237,000 | 235,000 | 166,000 | 134,000 | 193,619 | 199,659 | 192,422 | 166,198 | 191,736 | 256,817 | 279,605 | 382,640 | 240,479 | 283,314 |
| Amortisation | 46,000 | 46,000 | 46,000 | 46,000 | 43,000 | 45,860 | 45,860 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 23,000 | -93,000 | -171,000 | -22,000 | 58,000 | -93,736 | -255,919 | -496,406 | -351,695 | -156,584 | -109,961 | -149,881 | -161,449 | -414,094 | -95,720 |
| Stock | -199,000 | 80,000 | 377,000 | 158,000 | 201,799 | 252,982 | 344,201 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -639,000 | -821,000 | 2,456,000 | 577,000 | 1,787,314 | 1,702,536 | 879,115 | -549,889 | 772,581 | 438,199 | 1,765,178 | -1,610,604 | 179,363 | -332,605 | 4,184,348 |
| Creditors | -1,788,000 | -324,000 | 1,129,000 | 319,000 | -274,782 | 569,743 | -223,168 | -89,201 | 353,929 | 108,963 | 438,738 | -142,005 | -31,371 | -321,200 | 1,268,097 |
| Accruals and Deferred Income | 31,000 | -1,079,000 | 902,000 | 270,000 | 130,255 | -40,524 | -216,238 | -841,761 | 870,089 | 575,212 | 336,590 | -211,573 | -952,114 | 421,802 | 1,629,738 |
| Deferred Taxes & Provisions | -3,000 | 53,000 | 18,000 | 22,000 | -33,741 | -13,224 | 26,776 | -1,037 | 69,965 | 1,037 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -956,000 | -312,000 | -301,000 | 963,000 | -889,381 | -109,562 | -105,392 | 1,629,103 | 1,911,965 | 1,041,587 | -381,509 | 1,820,877 | -412,033 | 1,724,145 | -788,338 |
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 35,931 | -643,904 | -280,210 | -427,319 | -203,317 | -193,487 | -3,511 | -373,021 | -512,364 | -322,222 | ||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 1,000 | 0 | -1,000 | 0 | 0 | 0 | 0 | 0 | 1,000 | 0 |
| cash flow from investments | 0 | 0 | 0 | 34,931 | -643,904 | -279,210 | -427,319 | -203,317 | -193,487 | -3,511 | -373,021 | -513,364 | -322,222 | ||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,176,000 | 620,000 | 0 | 0 | -30,965 | 1,837 | -76,157 | -663,617 | 750,952 | -4,361 | 22,227 | -48 | -93,011 | 92,361 | 2,619 |
| 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 | 276,000 | 5,000 | -14,000 | -44,000 | -138,466 | -94,434 | 10,777 | 20,874 | 62,320 | -113,658 | -92,368 | -98,026 | -2,691 | 234,128 | 192,110 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -19,000 | 99,000 | 127,000 | 99,000 | 72,000 | -9,680 | -7,873 | -4,748 | -12,473 | -23,159 | -28,248 | -29,240 | -30,032 | -21,552 | -29,658 |
| cash flow from financing | 1,433,000 | 724,000 | 113,000 | 55,000 | 797,704 | -174,884 | -73,253 | -647,461 | 800,799 | -141,178 | -98,389 | -127,314 | -124,386 | 305,937 | 1,659,298 |
| cash and cash equivalents | |||||||||||||||
| cash | -79,000 | -79,000 | -510,000 | 812,000 | 71,611 | -272,573 | -1,137,939 | -51,883 | 1,474,078 | 0 | -791,123 | 791,097 | -984,284 | 983,784 | 8,659 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 155,695 | 0 | -459,440 | 352,110 | -240,523 | 347,853 | -397,262 | 397,262 | -74,781 | 74,781 |
| change in cash | -79,000 | -79,000 | -510,000 | 812,000 | 71,611 | -428,268 | -1,137,939 | 407,557 | 1,121,968 | 240,523 | -1,138,976 | 1,188,359 | -1,381,546 | 1,058,565 | -66,122 |
crown workspace limited Credit Report and Business Information
Crown Workspace Limited Competitor Analysis
Perform a competitor analysis for crown workspace limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other large companies, companies in EN1 area or any other competitors across 12 key performance metrics.
crown workspace limited Ownership
CROWN WORKSPACE LIMITED group structure
Crown Workspace Limited has 1 subsidiary company.
Ultimate parent company
JENJET INC
#0175587
2 parents
CROWN WORKSPACE LIMITED
03250579
1 subsidiary
crown workspace limited directors
Crown Workspace Limited currently has 3 directors. The longest serving directors include Mr Barry Koolen (Nov 2018) and Mr Stephen Hardie (Dec 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Barry Koolen | England | 58 years | Nov 2018 | - | Director |
| Mr Stephen Hardie | Isle Of Man | 52 years | Dec 2018 | - | Director |
| Mr Jonathan Mortimer | 56 years | Dec 2023 | - | Director |
P&L
December 2023turnover
24m
-8%
operating profit
-420k
-493%
gross margin
27.5%
+14.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
7.4m
-0.05%
total assets
11.9m
-0.06%
cash
508k
-0.13%
net assets
Total assets minus all liabilities
Similar Companies
crown workspace limited company details
company number
03250579
Type
Private limited with Share Capital
industry
49420 - Removal services
incorporation date
September 1996
age
29
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
premier moves limited (February 2020)
accountant
-
auditor
GKP (AMPTHILL) LIMITED
address
heritage house, 345 southbury road, enfield, EN1 1TW
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
crown workspace 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 5 charges/mortgages relating to crown workspace limited. Currently there are 1 open charges and 4 have been satisfied in the past.
crown workspace 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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crown workspace limited Companies House Filings - See Documents
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