Carmel Funeral Services Limited

POWER SEARCH PRICING

SOLUTIONS

carmel funeral services limited Company Information

Live

MatureSmallHealthy

Company Number

03587813

Website

Registered Address

first floor 94 stamford hill, london, N16 6XS

Industry

Funeral and related activities

Telephone

02084585380

Next Accounts Due

March 2025

Group Structure

View All

Directors

Harold Gluck26 Years

Zelma Gluck26 Years

Shareholders

zelma gluck 50%

harold gluck 50%

carmel funeral services limited Estimated Valuation

£643.3k

Pomanda estimates the enterprise value of CARMEL FUNERAL SERVICES LIMITED at £643.3k based on a Turnover of £697.5k and 0.92x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Carmel Funeral Services Limited is a live company located in london, N16 6XS with a Companies House number of 03587813. It operates in the funeral and related activities sector, SIC Code 96030. Founded in June 1998, it's largest shareholder is zelma gluck with a 50% stake. Carmel Funeral Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £697.5k with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Carmel Funeral Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

4 Strong

2 Regular

6 Weak

Size

annual sales of £697.5k, make it smaller than the average company (£2.1m)

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (4.1%)

EXPORT

Carmel Funeral Services Limited's latest turnover from June 2023 is estimated at £697.5 thousand and the company has net assets of £165.9 thousand. According to their latest financial statements, Carmel Funeral Services Limited has 11 employees and maintains cash reserves of £166.3 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	697,521	509,345	484,398	495,035	474,482	359,586	466,257	345,440	378,904	413,199	466,930	310,768	262,353	281,992
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	302,375	207,282	185,909	170,823	222,906	166,386	233,029	162,538	178,730	203,131	238,374	155,099	113,732	97,746
Gross Profit	395,146	302,063	298,489	324,212	251,576	193,200	233,229	182,902	200,175	210,068	228,556	155,669	148,621	184,246
Admin Expenses	418,644	294,538	284,816	219,510	263,733	205,510	192,104	193,805	201,443	217,888	208,741	131,813	167,494	168,683
Operating Profit	-23,498	7,525	13,673	104,702	-12,157	-12,310	41,125	-10,903	-1,268	-7,820	19,815	23,856	-18,873	15,563
Interest Payable	75	118	3,663	933	7,931	7,637	7,343	3,818	0	0	0	31	0	0
Interest Receivable	10,429	2,988	184	0	235	170	71	108	81	116	119	53	0	0
Pre-Tax Profit	-13,144	10,395	10,194	103,769	-19,853	-19,777	33,853	-14,614	-1,187	-7,704	19,934	23,878	-18,814	11,866
Tax	0	-1,975	-1,937	-21,020	0	0	-6,432	0	0	0	-4,585	-5,731	0	-606
Profit After Tax	-13,144	8,420	8,257	82,749	-19,853	-19,777	27,421	-14,614	-1,187	-7,704	15,349	18,147	-18,814	11,260
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	5,000
Retained Profit	-13,144	8,420	8,257	82,749	-19,853	-19,777	27,421	-14,614	-1,187	-7,704	15,349	18,147	-18,814	6,260
Employee Costs	325,991	280,415	249,648	243,502	245,838	161,665	161,764	164,551	125,742	121,315	144,630	112,230	107,312	92,752
Number Of Employees	11	10	9	9	9	6	6	6	5	5	6	5	5	4
EBITDA*	314	31,316	35,811	133,239	16,661	14,596	68,265	16,161	26,515	14,960	42,452	48,015	4,057	36,569

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	131,127	144,392	145,032	167,592	186,059	194,878	212,507	222,081	236,597	218,193	227,313	244,337	247,235	246,193
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	131,127	144,392	145,032	167,592	186,059	194,878	212,507	222,081	236,597	218,193	227,313	244,337	247,235	246,193
Stock & work in progress	12,200	15,500	24,500	42,570	38,700	35,200	32,010	29,100	25,300	23,400	22,000	20,000	18,800	14,900
Trade Debtors	30,105	6,210	14,105	4,785	10,320	11,476	25,111	14,782	17,906	20,842	26,842	13,043	10,237	11,142
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	30,308	378	6,488	0	0	0	0	354	0	0	0	0	2,580	6,110
Cash	166,346	250,831	227,292	139,727	25,883	36,689	31,395	25,438	17,688	14,694	31,902	15,619	5,485	30,445
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	238,959	272,919	272,385	187,082	74,903	83,365	88,516	69,674	60,894	58,936	80,744	48,662	37,102	62,597
total assets	370,086	417,311	417,417	354,674	260,962	278,243	301,023	291,755	297,491	277,129	308,057	292,999	284,337	308,790
Bank overdraft	696	669	2,594	0	0	0	0	0	0	0	0	0	946	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	51,690	55,134	49,220	0	0	0	0	32,385	175,010	159,587	192,728	193,019	60,970	61,222
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	117,489	117,489	117,490	117,491	117,491	0	0	0	0	0	0
hp & lease commitments	0	9,267	5,881	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	132,245	154,538	174,049	67,611	50,101	40,980	49,677	31,590	0	0	0	0	140,588	146,921
total current liabilities	184,631	219,608	231,744	185,100	167,590	158,470	167,168	181,466	175,010	159,587	192,728	193,019	202,504	208,143
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	3,390	3,750	1,907	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	7,210	13,757	20,305	14,610	18,465	16,043	9,917	0	0	0	0
provisions	16,168	14,912	13,145	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	19,558	18,662	15,052	7,210	13,757	20,305	14,610	18,465	16,043	9,917	0	0	0	0
total liabilities	204,189	238,270	246,796	192,310	181,347	178,775	181,778	199,931	191,053	169,504	192,728	193,019	202,504	208,143
net assets	165,897	179,041	170,621	162,364	79,615	99,468	119,245	91,824	106,438	107,625	115,329	99,980	81,833	100,647
total shareholders funds	165,897	179,041	170,621	162,364	79,615	99,468	119,245	91,824	106,438	107,625	115,329	99,980	81,833	100,647

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	-23,498	7,525	13,673	104,702	-12,157	-12,310	41,125	-10,903	-1,268	-7,820	19,815	23,856	-18,873	15,563
Depreciation	23,812	23,791	22,138	28,537	28,818	26,906	27,140	27,064	27,783	22,780	22,637	24,159	22,930	21,006
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-1,975	-1,937	-21,020	0	0	-6,432	0	0	0	-4,585	-5,731	0	-606
Stock	-3,300	-9,000	-18,070	3,870	3,500	3,190	2,910	3,800	1,900	1,400	2,000	1,200	3,900	14,900
Debtors	53,825	-14,005	15,808	-5,535	-1,156	-13,635	9,975	-2,770	-2,936	-6,000	13,799	226	-4,435	17,252
Creditors	-3,444	5,914	49,220	0	0	0	-32,385	-142,625	15,423	-33,141	-291	132,049	-252	61,222
Accruals and Deferred Income	-22,293	-19,511	106,438	17,510	9,121	-8,697	18,087	31,590	0	0	0	-140,588	-6,333	146,921
Deferred Taxes & Provisions	1,256	1,767	13,145	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-74,692	40,516	204,939	131,394	23,438	16,344	34,650	-95,904	42,974	-13,581	21,777	32,319	-1,993	211,954
Investing Activities
capital expenditure	-10,547	-23,151	422	-10,070	-19,999	-9,277	-17,566	-12,548	-46,187	-13,660	-5,613	-21,261	-23,972	-267,199
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-10,547	-23,151	422	-10,070	-19,999	-9,277	-17,566	-12,548	-46,187	-13,660	-5,613	-21,261	-23,972	-267,199
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	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	-117,489	0	-1	-1	0	117,491	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	-9,627	5,229	7,788	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	-7,210	-6,547	-6,548	5,695	-3,855	2,422	6,126	9,917	0	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	94,387
interest	10,354	2,870	-3,479	-933	-7,696	-7,467	-7,272	-3,710	81	116	119	22	0	0
cash flow from financing	727	8,099	-120,390	-7,480	-14,245	-1,773	-11,127	116,203	6,207	10,033	119	22	0	94,387
cash and cash equivalents
cash	-84,485	23,539	87,565	113,844	-10,806	5,294	5,957	7,750	2,994	-17,208	16,283	10,134	-24,960	30,445
overdraft	27	-1,925	2,594	0	0	0	0	0	0	0	0	-946	946	0
change in cash	-84,512	25,464	84,971	113,844	-10,806	5,294	5,957	7,750	2,994	-17,208	16,283	11,080	-25,906	30,445

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for carmel funeral services limited. Get real-time insights into carmel funeral services limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for carmel funeral services limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in N16 area or any other competitors across 12 key performance metrics.

CARMEL FUNERAL SERVICES LIMITED group structure

Carmel Funeral Services Limited has no subsidiary companies.

Ultimate parent company

CARMEL FUNERAL SERVICES LIMITED

03587813

CARMEL FUNERAL SERVICES LIMITED Shareholders

zelma gluck	50%
harold gluck	50%

Carmel Funeral Services Limited currently has 2 directors. The longest serving directors include Mr Harold Gluck (Jun 1998) and Mrs Zelma Gluck (Jun 1998).

officer	country	age	start	end	role
Mr Harold Gluck	England	72 years	Jun 1998	-	Director
Mrs Zelma Gluck		70 years	Jun 1998	-	Director

P&L

June 2023

turnover

697.5k

+37%

operating profit

-23.5k

gross margin

56.7%

-4.48%

turnover

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

Balance Sheet

June 2023

net assets

165.9k

-0.07%

total assets

370.1k

-0.11%

cash

166.3k

-0.34%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

centurion infinity limited

woodford family funeral service ltd

2.5

bournes funeral service ltd

3.5

mr. morris & partners limited

3.5

watership independent funerals limited

company number

03587813

Type

Private limited with Share Capital

industry

96030 - Funeral and related activities

incorporation date

June 1998

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

last accounts submitted

June 2023

address

first floor 94 stamford hill, london, N16 6XS

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 carmel funeral services limited.

carmel funeral services limited Company Information

carmel funeral services limited Estimated Valuation

carmel funeral services limited Estimated Valuation

carmel funeral services limited Estimated Valuation

Carmel Funeral Services Limited Overview

Carmel Funeral Services Limited Health Check

CARMEL FUNERAL SERVICES LIMITED financials

carmel funeral services limited Credit Report and Business Information

Carmel Funeral Services Limited Competitor Analysis

carmel funeral services limited Ownership

carmel funeral services limited directors

carmel funeral services limited company details

carmel funeral services limited Charges & Mortgages

carmel funeral services limited Companies House Filings - See Documents