Pomanda estimates the enterprise value of CTI BALLOONS LIMITED at £1.2m based on a Turnover of £1.5m and 0.83x industry multiple (adjusted for size and gross margin).
cti balloons limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of CTI BALLOONS LIMITED at £0 based on an EBITDA of £-394.2k and a 5.57x industry multiple (adjusted for size and gross margin).
cti balloons limitedEstimated Valuation
£672.3k
Pomanda estimates the enterprise value of CTI BALLOONS LIMITED at £672.3k based on Net Assets of £313.9k and 2.14x industry multiple (adjusted for liquidity).
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Cti Balloons LimitedOverview
Cti Balloons Limited is a dissolved company that was located in droitwich, WR9 9AJ with a Companies House number of 03258208. It operated in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in October 1996, it's largest shareholder was
cti industries corp
with a 100% stake. The last turnover for Cti Balloons Limited was estimated at £1.5m.
Pomanda's financial health check has awarded Cti Balloons Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
3 Regular
8 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£9.6m)
£1.5m - Cti Balloons Limited
£9.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (3.7%)
0% - Cti Balloons Limited
3.7% - Industry AVG
Production
with a gross margin of 44.9%, this company has a lower cost of product (31.2%)
44.9% - Cti Balloons Limited
31.2% - Industry AVG
Profitability
an operating margin of -27.6% make it less profitable than the average company (5.7%)
-27.6% - Cti Balloons Limited
5.7% - Industry AVG
Employees
with 25 employees, this is below the industry average (67)
25 - Cti Balloons Limited
67 - Industry AVG
Pay Structure
on an average salary of £35.5k, the company has an equivalent pay structure (£35.5k)
£35.5k - Cti Balloons Limited
£35.5k - Industry AVG
Efficiency
resulting in sales per employee of £59.3k, this is less efficient (£143.1k)
£59.3k - Cti Balloons Limited
£143.1k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is near the average (58 days)
59 days - Cti Balloons Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (44 days)
24 days - Cti Balloons Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 168 days, this is more than average (58 days)
168 days - Cti Balloons Limited
58 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 6 weeks, this is less cash available to meet short term requirements (11 weeks)
6 weeks - Cti Balloons Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.6%, this is a similar level of debt than the average (54.8%)
58.6% - Cti Balloons Limited
54.8% - Industry AVG
CTI BALLOONS LIMITED financials
EXPORT
Cti Balloons Limited's latest turnover from December 2017 is £1.5 million and the company has net assets of £313.9 thousand. According to their latest financial statements, Cti Balloons Limited has 25 employees and maintains cash reserves of £52.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
1,483,484
1,797,381
1,493,689
1,475,984
1,239,424
1,459,163
1,034,502
1,434,211
1,276,489
Other Income Or Grants
Cost Of Sales
818,040
1,249,813
887,761
824,693
649,713
732,393
608,589
784,578
736,732
Gross Profit
665,444
547,568
605,928
651,291
589,711
726,770
425,913
649,633
539,757
Admin Expenses
1,075,253
1,084,073
806,023
679,794
732,345
630,169
530,647
653,235
648,210
Operating Profit
-409,809
-536,505
-200,095
-28,503
-142,634
96,601
-104,734
-3,602
-108,453
Interest Payable
22
72
127
Interest Receivable
14,382
55,742
9,224
15
22
4,906
11,068
10,959
Pre-Tax Profit
-395,405
-480,835
-190,998
-28,503
-142,619
96,623
-99,828
7,466
-97,494
Tax
989
-995
33,760
Profit After Tax
-395,405
-480,835
-190,998
-28,503
-142,619
96,623
-98,839
6,471
-63,734
Dividends Paid
Retained Profit
-395,405
-480,835
-190,998
-28,503
-142,619
96,623
-98,839
6,471
-63,734
Employee Costs
888,394
492,384
463,834
957,026
419,237
412,377
329,344
385,325
384,420
Number Of Employees
25
27
26
29
31
30
18
21
21
EBITDA*
-394,235
-513,982
-178,650
-7,657
-125,099
114,980
-91,434
7,476
-101,738
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
12,022
19,463
41,985
40,472
26,034
28,969
26,162
28,441
16,561
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
12,022
19,463
41,985
40,472
26,034
28,969
26,162
28,441
16,561
Stock & work in progress
377,751
427,308
494,063
423,804
305,105
326,400
350,021
354,324
373,190
Trade Debtors
240,240
373,785
484,802
196,596
253,090
314,903
117,912
216,665
114,302
Group Debtors
33,804
4,976
302,416
61,338
104,781
169,726
362,214
365,052
390,441
Misc Debtors
41,395
44,066
13,601
58,992
77,975
66,890
25,716
26,678
70,728
Cash
52,078
219,633
33,883
1,491
49,535
2,802
150,947
72,160
misc current assets
total current assets
745,268
1,069,768
1,328,765
742,221
740,951
927,454
858,665
1,113,666
1,020,821
total assets
757,290
1,089,231
1,370,750
782,693
766,985
956,423
884,827
1,142,107
1,037,382
Bank overdraft
54,907
15,593
Bank loan
Trade Creditors
55,231
134,854
154,189
35,916
56,825
90,119
45,134
146,124
47,238
Group/Directors Accounts
329,974
973,210
787,006
113,946
other short term finances
hp & lease commitments
other current liabilities
58,231
82,658
50,211
62,489
56,408
124,840
179,259
251,314
252,935
total current liabilities
443,436
1,190,722
991,406
212,351
168,140
214,959
239,986
397,438
300,173
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
989
total long term liabilities
989
total liabilities
443,436
1,190,722
991,406
212,351
168,140
214,959
239,986
398,427
300,173
net assets
313,854
-101,491
379,344
570,342
598,845
741,464
644,841
743,680
737,209
total shareholders funds
313,854
-101,491
379,344
570,342
598,845
741,464
644,841
743,680
737,209
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
-409,809
-536,505
-200,095
-28,503
-142,634
96,601
-104,734
-3,602
-108,453
Depreciation
15,574
22,523
21,445
20,846
17,535
18,379
13,300
11,078
6,715
Amortisation
Tax
989
-995
33,760
Stock
-49,557
-66,755
70,259
118,699
-21,295
-23,621
-4,303
-18,866
373,190
Debtors
-107,388
-377,992
483,893
-118,920
-115,673
45,677
-102,553
32,924
575,471
Creditors
-79,623
-19,335
118,273
-20,909
-33,294
44,985
-100,990
98,886
47,238
Accruals and Deferred Income
-24,427
32,447
-12,278
6,081
-68,432
-54,419
-72,055
-1,621
252,935
Deferred Taxes & Provisions
-989
989
Cash flow from operations
-341,340
-56,123
-626,807
-22,264
-89,857
83,490
-157,623
90,677
-716,466
Investing Activities
capital expenditure
-8,133
-1
-22,958
-35,284
-14,600
-21,186
-11,021
-22,958
-15,078
Change in Investments
cash flow from investments
-8,133
-1
-22,958
-35,284
-14,600
-21,186
-11,021
-22,958
-15,078
Financing Activities
Bank loans
Group/Directors Accounts
-643,236
186,204
673,060
113,946
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
810,750
800,943
interest
14,360
55,670
9,097
15
22
4,906
11,068
10,959
cash flow from financing
181,874
241,874
682,157
113,946
15
22
4,906
11,068
811,902
cash and cash equivalents
cash
-167,555
185,750
32,392
1,491
-49,535
46,733
-148,145
78,787
72,160
overdraft
-54,907
54,907
-15,593
15,593
change in cash
-167,555
185,750
32,392
56,398
-104,442
62,326
-163,738
78,787
72,160
cti balloons 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 cti balloons limited. Get real-time insights into cti balloons limited's credit score, group structure and payment trends.
Perform a competitor analysis for cti balloons limited by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in WR9 area or any other competitors across 12 key performance metrics.
cti balloons limited Ownership
CTI BALLOONS LIMITED group structure
Cti Balloons Limited has no subsidiary companies.
Ultimate parent company
CTI INDUSTRIES CORP
#0029849
1 parent
CTI BALLOONS LIMITED
03258208
CTI BALLOONS LIMITED Shareholders
The sole shareholder of Cti Balloons Limited is Cti Industries Corp.
cti industries corp
100%
cti balloons limited directors
Cti Balloons Limited currently has 2 directors.
The longest serving directors include
Mr John Schwan (Oct 1996) and
Mr Stephen Merrick (Oct 1996).
11 roman way business centre, berry hill, droitwich, worcestershire, WR9 9AJ
Bank
-
Legal Advisor
-
cti balloons 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 cti balloons limited.
cti balloons 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.
Click to start generating capital raising & share issue transactions for CTI BALLOONS LIMITED. This can take several minutes, an email will notify you when this has completed.
cti balloons limitedCompanies House Filings - See Documents
