cresco international limited

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cresco international limited Company Information

Share CRESCO INTERNATIONAL LIMITED

Company Number

03423077

Shareholders

truments equities sa. frida camhi

eliezer nissenberg

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Group Structure

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Industry

Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

 

Registered Address

35 ballards lane, london, N3 1XW

cresco international limited Estimated Valuation

£85.2m

Pomanda estimates the enterprise value of CRESCO INTERNATIONAL LIMITED at £85.2m based on a Turnover of £34.1m and 2.5x industry multiple (adjusted for size and gross margin).

cresco international limited Estimated Valuation

£58.6m

Pomanda estimates the enterprise value of CRESCO INTERNATIONAL LIMITED at £58.6m based on an EBITDA of £5.6m and a 10.39x industry multiple (adjusted for size and gross margin).

cresco international limited Estimated Valuation

£35.7m

Pomanda estimates the enterprise value of CRESCO INTERNATIONAL LIMITED at £35.7m based on Net Assets of £26.6m and 1.34x industry multiple (adjusted for liquidity).

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Cresco International Limited Overview

Cresco International Limited is a live company located in london, N3 1XW with a Companies House number of 03423077. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in August 1997, it's largest shareholder is truments equities sa. frida camhi with a 23.5% stake. Cresco International Limited is a mature, large sized company, Pomanda has estimated its turnover at £34.1m with low growth in recent years.

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Cresco International Limited Health Check

Pomanda's financial health check has awarded Cresco International Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

0 Regular

positive_score

4 Weak

size

Size

annual sales of £34.1m, make it larger than the average company (£18.9m)

£34.1m - Cresco International Limited

£18.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (10.6%)

0% - Cresco International Limited

10.6% - Industry AVG

production

Production

with a gross margin of 51.3%, this company has a lower cost of product (36.4%)

51.3% - Cresco International Limited

36.4% - Industry AVG

profitability

Profitability

an operating margin of 15.1% make it more profitable than the average company (4.5%)

15.1% - Cresco International Limited

4.5% - Industry AVG

employees

Employees

with 236 employees, this is above the industry average (104)

236 - Cresco International Limited

104 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.3k, the company has a lower pay structure (£44.7k)

£31.3k - Cresco International Limited

£44.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £144.3k, this is less efficient (£191.4k)

£144.3k - Cresco International Limited

£191.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 16 days, this is earlier than average (45 days)

16 days - Cresco International Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 28 days, this is quicker than average (44 days)

28 days - Cresco International Limited

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 156 days, this is more than average (40 days)

156 days - Cresco International Limited

40 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 95 weeks, this is more cash available to meet short term requirements (14 weeks)

95 weeks - Cresco International Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 19.6%, this is a lower level of debt than the average (69.6%)

19.6% - Cresco International Limited

69.6% - Industry AVG

CRESCO INTERNATIONAL LIMITED financials

EXPORTms excel logo

Cresco International Limited's latest turnover from December 2023 is £34.1 million and the company has net assets of £26.6 million. According to their latest financial statements, Cresco International Limited has 236 employees and maintains cash reserves of £10.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover34,065,42131,960,14036,491,05033,678,16120,689,23820,825,74619,721,23818,303,26915,131,31720,647,78117,102,39713,462,64411,362,37611,218,03212,048,270
Other Income Or Grants000000000000000
Cost Of Sales16,588,17315,624,61016,048,21615,332,18510,685,07310,398,9789,724,5709,195,8129,312,69512,543,1809,845,5147,957,2717,245,0556,906,9297,367,610
Gross Profit17,477,24816,335,53020,442,83418,345,97710,004,16510,426,7689,996,6689,107,4575,818,6228,104,6017,256,8835,505,3724,117,3214,311,1034,680,660
Admin Expenses12,345,12012,257,14513,535,49111,842,6108,041,8418,652,4087,571,5486,312,9404,875,8676,841,1415,840,1014,502,1244,003,9444,180,4454,016,304
Operating Profit5,132,1284,078,3856,907,3436,503,3671,962,3241,774,3602,425,1202,794,517942,7551,263,4601,416,7821,003,248113,377130,658664,356
Interest Payable161,757617,9757,5161,9225,6299,88225,02425,21519,38024,1377,26219,99040,66827,86648,142
Interest Receivable174,960127,82133,09680,028100,104104,673102,64293,00762,8381,76511,8833,74814,78816,1001,283
Pre-Tax Profit5,532,3853,528,7447,050,6456,806,6582,056,7991,869,1522,502,7392,862,3096,590,1161,241,0881,421,404987,00687,498392,594605,944
Tax-647,069-346,041-903,961-983,055-239,694-373,193-571,008-293,850-1,457,661-401,414-303,030-159,295-133,095-53,873-8,345
Profit After Tax4,885,3153,182,7036,146,6845,823,6021,817,1051,495,9591,931,7312,568,4595,132,455839,6741,118,373827,711-45,597338,721597,599
Dividends Paid2,754,3871,182,0331,154,6322,131,62801,707,8090463,8042,319,019126,261063,7180130,6580
Retained Profit2,130,9282,000,6704,992,0523,691,9741,817,105-211,8511,931,7312,104,6553,021,477438,417901,169530,985-3,081147,997441,620
Employee Costs7,393,5667,614,3109,896,4118,931,4195,750,1245,535,7375,259,1604,937,0314,746,0885,741,7534,855,0873,836,2073,639,1643,492,4763,554,143
Number Of Employees236246262220215223226221349341327257204232220
EBITDA*5,638,2564,626,9687,415,1096,992,3022,325,5812,133,0062,774,9993,156,1351,307,7781,811,9691,821,4831,371,189499,722483,0021,144,489

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets2,952,3802,938,9552,471,4611,833,9981,724,8351,891,5161,544,4061,155,2251,071,7151,850,6081,293,3251,165,667975,414887,3611,014,827
Intangible Assets82,93981,832100,522107,84982,299112,783130,696136,256136,937242,151238,991226,137276,665299,090295,269
Investments & Other1,743,9961,685,933899,849101110000010
Debtors (Due After 1 year)212,755251,303411,010272,361125,02037,1551,866,8181,777,1011,706,3230000166,5730
Total Fixed Assets4,992,0704,958,0233,882,8432,214,2091,932,1552,041,4553,541,9223,068,5832,914,9762,092,7601,532,3171,391,8041,252,0801,353,0251,310,097
Stock & work in progress7,093,2209,241,10111,152,2737,015,8864,636,1904,752,0184,705,4664,082,4063,475,5174,110,7613,811,9762,138,9312,011,2142,240,3862,000,128
Trade Debtors1,565,7071,506,2521,828,7251,651,5841,110,7571,593,0001,445,2831,164,134859,6362,849,0502,156,2031,434,9081,149,1771,092,9471,699,724
Group Debtors000000000000074,9270
Misc Debtors1,845,4212,044,9471,830,7061,210,6001,223,2122,141,4411,761,082976,8001,386,2471,083,804991,6151,146,301975,414692,922873,611
Cash10,439,73911,621,82613,115,47314,305,65010,514,5947,562,8546,643,7535,658,2944,675,8372,147,1471,572,5891,240,630732,023842,7771,168,239
misc current assets7,179,4182,067,1033,478,6492,556,66800000000000
total current assets28,123,50526,481,23031,405,82626,740,38717,484,75416,049,31414,555,58411,881,63610,397,23810,190,7638,532,3835,960,7704,867,8294,943,9595,741,704
total assets33,115,57531,439,25335,288,66928,954,59619,416,90918,090,76918,097,50614,950,21913,312,21412,283,52210,064,6997,352,5746,119,9096,296,9847,051,800
Bank overdraft01101168,8820010177,02326,628265,743
Bank loan68,34378,20597,419102,90788,335108,183105,85046,246107,562315,246228,428254,872272,968411,17072,533
Trade Creditors 1,283,3852,211,7211,733,2841,491,8551,464,7541,721,6191,338,8401,160,3181,219,0701,884,0401,760,0851,117,5661,148,5611,366,0291,430,130
Group/Directors Accounts0000000009,0673,96108,0106,1923,851
other short term finances000000000033,00999,95052,37567,496106,553
hp & lease commitments1,3021,2396,25367,07600000000000
other current liabilities4,318,7483,752,8176,833,8595,448,7643,017,5032,592,0262,331,1111,811,1592,040,0702,438,9051,935,0361,489,8801,117,135871,8801,577,123
total current liabilities5,671,7796,043,9848,670,8177,110,6024,570,5944,421,8283,844,6843,017,7243,366,7034,647,2603,960,5202,962,2692,676,0742,749,3963,455,934
loans067,078170,714285,484295,425429,176363,859104,054150,30061,503326,137231,759227,986268,747355,606
hp & lease commitments0024,77731,46428,1720000000000
Accruals and Deferred Income000000000000000
other liabilities98,00179,546213,158433,85100490,608467,110445,608000000
provisions719,829720,793723,152599,197420,674368,331315,070268,545361,472275,164159,767154,297120,771121,988183,580
total long term liabilities817,831867,4181,131,8031,349,997744,273797,5081,169,539839,710957,382336,667485,905386,057348,759390,736539,187
total liabilities6,489,6106,911,4029,802,6208,460,6005,314,8675,219,3365,014,2233,857,4344,324,0854,983,9274,446,4263,348,3263,024,8323,140,1323,995,121
net assets26,625,96424,527,85125,486,04820,493,99714,102,04212,871,43213,083,28311,092,7858,988,1295,958,8454,703,9023,344,5782,674,8412,691,1882,636,241
total shareholders funds26,625,96424,527,85125,486,04820,493,99714,102,04212,871,43213,083,28311,092,7858,988,1295,958,8454,703,9023,344,5782,674,8412,691,1882,636,241
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit5,132,1284,078,3856,907,3436,503,3671,962,3241,774,3602,425,1202,794,517942,7551,263,4601,416,7821,003,248113,377130,658664,356
Depreciation471,306516,581473,014450,588330,671320,540313,315322,593318,392468,290326,797296,102296,999272,463406,316
Amortisation34,82232,00234,75338,34732,58638,10636,56339,02546,63180,21977,90371,83989,34679,88173,817
Tax-647,069-346,041-903,961-983,055-239,694-373,193-571,008-293,850-1,457,661-401,414-303,030-159,295-133,095-53,873-8,345
Stock-2,147,881-1,911,1724,136,3872,379,696-115,82846,553623,059606,889-635,243298,7851,673,045127,716-229,172240,2582,000,128
Debtors-178,620-267,937935,895675,556-1,312,607-1,301,5871,155,148-34,17219,352785,037566,609456,61897,222-545,9662,573,335
Creditors-928,336478,437241,43027,100-256,864382,778178,522-58,752-664,970123,956642,518-30,995-217,468-64,1011,430,130
Accruals and Deferred Income565,931-3,081,0421,385,0952,431,261425,477260,915519,952-228,911-398,835503,869445,156372,745245,255-705,2431,577,123
Deferred Taxes & Provisions-964-2,359123,955178,52352,34353,26146,525-92,92786,308115,3975,47033,526-1,217-61,592183,580
Cash flow from operations6,954,3193,855,0723,189,3475,590,8793,735,2783,711,8011,170,7821,908,978-511,4891,069,955371,9421,002,836525,147-96,099-246,486
Investing Activities
capital expenditure00000-687,841-810,522-444,6554,247,334-847,391-474,021-486,631-436,872-291,039-181,654
Change in Investments58,063786,084899,848000000000-110
cash flow from investments-58,063-786,084-899,84800-687,841-810,522-444,6554,247,334-847,391-474,021-486,631-436,871-291,040-181,654
Financing Activities
Bank loans-9,862-19,214-5,48814,572-19,8482,33359,604-61,316-207,68486,818-26,444-18,096-138,202338,63772,533
Group/Directors Accounts00000000-9,0675,1063,961-8,0101,8182,3413,851
Other Short Term Loans 000000000-33,009-66,94147,575-15,121-39,057106,553
Long term loans-67,078-103,636-114,770-9,941-133,75165,317259,805-46,24688,797-264,63494,3783,773-40,761-86,859355,606
Hire Purchase and Lease Commitments63-29,791-67,51070,36828,1720000000000
other long term liabilities18,455-133,612-220,693433,8510-490,60823,49821,502445,608000000
share issue-32,815-2,958,86702,699,981-586,495058,76707,808816,526458,155138,751-13,266-93,0502,194,621
interest13,203-490,15425,58078,10694,47594,79177,61867,79243,458-22,3724,621-16,242-25,880-11,766-46,859
cash flow from financing-78,034-3,735,274-382,8813,286,937-617,447-328,167479,292-18,268368,920588,435467,730147,751-231,412110,2462,686,305
cash and cash equivalents
cash-1,182,087-1,493,647-1,190,1773,791,0562,951,740919,101985,458982,4572,528,690574,559331,959508,607-110,754-325,4631,168,239
overdraft-101-10-68,88168,8820-11-1-77,02250,395-239,115265,743
change in cash-1,182,086-1,493,647-1,190,1783,791,0572,951,740987,982916,576982,4572,528,691574,558331,960585,629-161,149-86,348902,496

cresco international limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Cresco International Limited Competitor Analysis

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Perform a competitor analysis for cresco international limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in N 3 area or any other competitors across 12 key performance metrics.

cresco international limited Ownership

CRESCO INTERNATIONAL LIMITED group structure

Cresco International Limited has 2 subsidiary companies.

Ultimate parent company

CRESCO INTERNATIONAL LIMITED

03423077

2 subsidiaries

CRESCO INTERNATIONAL LIMITED Shareholders

truments equities sa. frida camhi 23.5%
eliezer nissenberg 19.41%
judith cohen 13.51%
deborah jane lehrer 9.57%
suzanne lehrer 9.57%
pearl cohen 7.53%
neil harvey marks 3.2%
brian philip kerner bpk84 a/c & steven kerner 2.84%
trustee of neil marks 2.26%
rosewhite limited 2%

cresco international limited directors

Cresco International Limited currently has 5 directors. The longest serving directors include Mr Eliezer Nissenberg (Dec 2007) and Mrs Fiona Stein (Dec 2015).

officercountryagestartendrole
Mr Eliezer NissenbergIsrael61 years Dec 2007- Director
Mrs Fiona SteinUnited Kingdom67 years Dec 2015- Director
Amit CohenEngland44 years Jan 2019- Director
Mr Jacob Lew44 years Jan 2020- Director
Ms Suzanne LehrerEngland53 years Jan 2023- Director

P&L

December 2023

turnover

34.1m

+7%

operating profit

5.1m

+26%

gross margin

51.4%

+0.38%

turnover

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

Balance Sheet

December 2023

net assets

26.6m

+0.09%

total assets

33.1m

+0.05%

cash

10.4m

-0.1%

net assets

Total assets minus all liabilities

cresco international limited company details

company number

03423077

Type

Private limited with Share Capital

industry

64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

incorporation date

August 1997

age

28

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

December 2023

previous names

cresco international plc (February 2005)

accountant

-

auditor

CROWE UK LLP

address

35 ballards lane, london, N3 1XW

Bank

BANK OF SCOTLAND

Legal Advisor

-

cresco international 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 cresco international limited.

cresco international limited Capital Raised & Share Issues BETA

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cresco international limited Companies House Filings - See Documents

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