city furniture hire (properties) limited
city furniture hire (properties) limited Company Information
Company Number
03740225
Registered Address
heather house, 473 warrington road, warrington, WA3 5QU
Industry
Other business support service activities n.e.c.
Telephone
01244389111
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
fredalou property holdings limited 100%
city furniture hire (properties) limited Estimated Valuation
Pomanda estimates the enterprise value of CITY FURNITURE HIRE (PROPERTIES) LIMITED at £48.8k based on a Turnover of £87.7k and 0.56x industry multiple (adjusted for size and gross margin).
city furniture hire (properties) limited Estimated Valuation
Pomanda estimates the enterprise value of CITY FURNITURE HIRE (PROPERTIES) LIMITED at £6.3m based on an EBITDA of £1.4m and a 4.37x industry multiple (adjusted for size and gross margin).
city furniture hire (properties) limited Estimated Valuation
Pomanda estimates the enterprise value of CITY FURNITURE HIRE (PROPERTIES) LIMITED at £20.1m based on Net Assets of £8.9m and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
City Furniture Hire (properties) Limited Overview
City Furniture Hire (properties) Limited is a live company located in warrington, WA3 5QU with a Companies House number of 03740225. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in March 1999, it's largest shareholder is fredalou property holdings limited with a 100% stake. City Furniture Hire (properties) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £87.7k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
City Furniture Hire (properties) Limited Health Check
Pomanda's financial health check has awarded City Furniture Hire (Properties) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
5 Weak
Size
annual sales of £87.7k, make it smaller than the average company (£3.3m)
- City Furniture Hire (properties) Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -70%, show it is growing at a slower rate (3.8%)
- City Furniture Hire (properties) Limited
3.8% - Industry AVG
Production
with a gross margin of 39.1%, this company has a comparable cost of product (39.1%)
- City Furniture Hire (properties) Limited
39.1% - Industry AVG
Profitability
an operating margin of 1367.6% make it more profitable than the average company (6.5%)
- City Furniture Hire (properties) Limited
6.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (21)
1 - City Furniture Hire (properties) Limited
21 - Industry AVG
Pay Structure
on an average salary of £46.4k, the company has an equivalent pay structure (£46.4k)
- City Furniture Hire (properties) Limited
£46.4k - Industry AVG
Efficiency
resulting in sales per employee of £87.7k, this is less efficient (£144.5k)
- City Furniture Hire (properties) Limited
£144.5k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is near the average (41 days)
- City Furniture Hire (properties) Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (33 days)
- City Furniture Hire (properties) Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- City Furniture Hire (properties) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 23 weeks, this is average cash available to meet short term requirements (26 weeks)
23 weeks - City Furniture Hire (properties) Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.1%, this is a lower level of debt than the average (62.3%)
32.1% - City Furniture Hire (properties) Limited
62.3% - Industry AVG
CITY FURNITURE HIRE (PROPERTIES) LIMITED financials
City Furniture Hire (Properties) Limited's latest turnover from February 2023 is estimated at £87.7 thousand and the company has net assets of £8.9 million. According to their latest financial statements, City Furniture Hire (Properties) Limited has 1 employee and maintains cash reserves of £772.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,533,561 | 4,339,077 | ||||||||||||
| Other Income Or Grants | 0 | 0 | ||||||||||||
| Cost Of Sales | 933,560 | 1,147,672 | ||||||||||||
| Gross Profit | 3,600,001 | 3,191,405 | ||||||||||||
| Admin Expenses | 3,026,882 | 2,693,263 | ||||||||||||
| Operating Profit | 573,119 | 498,142 | ||||||||||||
| Interest Payable | 90,502 | 79,166 | ||||||||||||
| Interest Receivable | 429 | 1,768 | ||||||||||||
| Pre-Tax Profit | 546,674 | 420,744 | ||||||||||||
| Tax | -105,496 | -135,841 | ||||||||||||
| Profit After Tax | 441,178 | 284,903 | ||||||||||||
| Dividends Paid | 175,000 | 98,000 | ||||||||||||
| Retained Profit | 266,178 | 186,903 | ||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 1 | 33 | 42 | 48 | ||||||||||
| EBITDA* | 815,241 | 722,536 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,197,936 | 5,192,998 | 5,212,575 | 5,500,943 | 5,349,359 | 5,235,358 | 5,156,177 | 5,040,220 | 7,149,904 | 6,386,669 | 4,276,578 | 3,854,820 | 3,386,615 | 3,206,520 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 4,784,544 | 4,784,545 | 4,327,037 | 4,024,829 | 3,749,829 | 3,736,723 | 3,458,430 | 3,301,562 | 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 | 9,982,480 | 9,977,543 | 9,539,612 | 9,525,772 | 9,099,188 | 8,972,081 | 8,614,607 | 8,341,782 | 7,149,904 | 6,386,669 | 4,276,578 | 3,854,820 | 3,386,615 | 3,206,520 |
| Stock & work in progress | 0 | 0 | 5,367 | 10,050 | 40,186 | 34,052 | 23,548 | 40,269 | 43,836 | 32,037 | 59,971 | 103,305 | 60,214 | 106,587 |
| Trade Debtors | 9,928 | 293,960 | 79,684 | 216,984 | 706,743 | 546,194 | 979,650 | 1,025,004 | 1,038,943 | 978,907 | 968,245 | 179,260 | 380,981 | 796,174 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,277,555 | 483,853 | 433,423 | 487,448 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 613,174 | 529,569 | 0 |
| Cash | 772,652 | 1,000,417 | 287,938 | 1,062,168 | 1,022,768 | 892,840 | 873,315 | 996,606 | 814,694 | 552,031 | 541,968 | 643,402 | 286,497 | 252,030 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,060,135 | 1,778,230 | 806,412 | 1,776,650 | 1,769,697 | 1,473,086 | 1,876,513 | 2,061,879 | 1,897,473 | 1,562,975 | 1,570,184 | 1,539,141 | 1,257,261 | 1,154,791 |
| total assets | 13,042,615 | 11,755,773 | 10,346,024 | 11,302,422 | 10,868,885 | 10,445,167 | 10,491,120 | 10,403,661 | 9,047,377 | 7,949,644 | 5,846,762 | 5,393,961 | 4,643,876 | 4,361,311 |
| Bank overdraft | 114,310 | 132,462 | 112,517 | 151,380 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 66,110 | 67,941 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,207 | 305,313 | 380,360 | 368,333 | 1,582,827 | 1,681,796 | 1,312,703 | 1,409,583 | 1,296,005 | 1,210,272 | 1,167,328 | 290,954 | 183,749 | 999,297 |
| Group/Directors Accounts | 499,199 | 499,199 | 499,199 | 499,199 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 499,499 | 499,499 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 71,042 | 25,576 | 51,049 | 86,368 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 63,813 | 28,416 | 0 |
| other current liabilities | 1,034,843 | 512,971 | 347,688 | 527,988 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 239,703 | 394,401 | 0 |
| total current liabilities | 1,723,601 | 1,475,521 | 1,390,813 | 1,633,268 | 1,582,827 | 1,681,796 | 1,312,703 | 1,409,583 | 1,296,005 | 1,210,272 | 1,167,328 | 1,160,079 | 1,174,006 | 999,297 |
| loans | 1,358,174 | 1,468,293 | 1,617,275 | 1,580,055 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,839,198 | 1,680,466 | 0 |
| hp & lease commitments | 174,503 | 16,857 | 42,418 | 95,644 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 120,801 | 37,199 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 2,188,266 | 2,378,366 | 2,567,133 | 2,912,463 | 2,286,133 | 2,478,817 | 2,115,154 | 255,500 | 0 | 1,796,712 |
| provisions | 934,835 | 692,161 | 467,257 | 487,249 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,467,512 | 2,177,311 | 2,126,950 | 2,162,948 | 2,188,266 | 2,378,366 | 2,567,133 | 2,912,463 | 2,286,133 | 2,478,817 | 2,115,154 | 2,215,499 | 1,717,665 | 1,796,712 |
| total liabilities | 4,191,113 | 3,652,832 | 3,517,763 | 3,796,216 | 3,771,093 | 4,060,162 | 3,879,836 | 4,322,046 | 3,582,138 | 3,689,089 | 3,282,482 | 3,375,578 | 2,891,671 | 2,796,009 |
| net assets | 8,851,502 | 8,102,941 | 6,828,261 | 7,506,206 | 7,097,792 | 6,385,005 | 6,611,284 | 6,081,615 | 5,465,239 | 4,260,555 | 2,564,280 | 2,018,383 | 1,752,205 | 1,565,302 |
| total shareholders funds | 8,851,502 | 8,102,941 | 6,828,261 | 7,506,206 | 7,097,792 | 6,385,005 | 6,611,284 | 6,081,615 | 5,465,239 | 4,260,555 | 2,564,280 | 2,018,383 | 1,752,205 | 1,565,302 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 573,119 | 498,142 | ||||||||||||
| Depreciation | 236,934 | 255,207 | 366,763 | 336,034 | 327,307 | 520,449 | 388,114 | 359,561 | 0 | 293,794 | 218,272 | 242,122 | 224,394 | 246,524 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -105,496 | -135,841 | ||||||||||||
| Stock | 0 | -5,367 | -4,683 | -30,136 | 6,134 | 10,504 | -16,721 | -3,567 | 11,799 | -27,934 | -43,334 | 43,091 | -46,373 | 106,587 |
| Debtors | 1,509,670 | 264,706 | -191,325 | -2,311 | 160,549 | -433,456 | -45,354 | -13,939 | 60,036 | 10,662 | 175,811 | -118,116 | 114,376 | 796,174 |
| Creditors | -301,106 | -75,047 | 12,027 | -1,214,494 | -98,969 | 369,093 | -96,880 | 113,578 | 85,733 | 42,944 | 876,374 | 107,205 | -815,548 | 999,297 |
| Accruals and Deferred Income | 521,872 | 165,283 | -180,300 | 527,988 | 0 | 0 | 0 | 0 | 0 | 0 | -239,703 | -154,698 | 394,401 | 0 |
| Deferred Taxes & Provisions | 242,674 | 224,904 | -19,992 | 487,249 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 737,277 | 97,545 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -1 | 457,508 | 302,208 | 275,000 | 13,106 | 278,293 | 156,868 | 3,301,562 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 499,199 | 0 | 0 | 0 | 0 | 0 | 0 | -499,499 | 0 | 499,499 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -110,119 | -148,982 | 37,220 | 1,580,055 | 0 | 0 | 0 | 0 | 0 | 0 | -1,839,198 | 158,732 | 1,680,466 | 0 |
| Hire Purchase and Lease Commitments | 203,112 | -51,034 | -88,545 | 182,012 | 0 | 0 | 0 | 0 | 0 | 0 | -184,614 | 118,999 | 65,615 | 0 |
| other long term liabilities | 0 | 0 | 0 | -2,188,266 | -190,100 | -188,767 | -345,330 | 626,330 | -192,684 | 363,663 | 1,859,654 | 255,500 | -1,796,712 | 1,796,712 |
| share issue | ||||||||||||||
| interest | -90,073 | -77,398 | ||||||||||||
| cash flow from financing | 443,158 | 371,470 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -227,765 | 712,479 | -774,230 | 39,400 | 129,928 | 19,525 | -123,291 | 181,912 | 262,663 | 10,063 | -101,434 | 356,905 | 34,467 | 252,030 |
| overdraft | -18,152 | 19,945 | -38,863 | 151,380 | 0 | 0 | 0 | 0 | 0 | 0 | -66,110 | -1,831 | 67,941 | 0 |
| change in cash | -209,613 | 692,534 | -735,367 | -111,980 | 129,928 | 19,525 | -123,291 | 181,912 | 262,663 | 10,063 | -35,324 | 358,736 | -33,474 | 252,030 |
city furniture hire (properties) limited Credit Report and Business Information
City Furniture Hire (properties) Limited Competitor Analysis
Perform a competitor analysis for city furniture hire (properties) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
city furniture hire (properties) limited Ownership
CITY FURNITURE HIRE (PROPERTIES) LIMITED group structure
City Furniture Hire (Properties) Limited has no subsidiary companies.
Ultimate parent company
2 parents
CITY FURNITURE HIRE (PROPERTIES) LIMITED
03740225
city furniture hire (properties) limited directors
City Furniture Hire (Properties) Limited currently has 2 directors. The longest serving directors include Mr Gary Mansfield (Mar 1999) and Miss Lily Mansfield (Mar 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Mansfield | England | 56 years | Mar 1999 | - | Director |
| Miss Lily Mansfield | England | 32 years | Mar 2013 | - | Director |
P&L
February 2023turnover
87.7k
-97%
operating profit
1.2m
0%
gross margin
39.1%
+2.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
8.9m
+0.09%
total assets
13m
+0.11%
cash
772.7k
-0.23%
net assets
Total assets minus all liabilities
Similar Companies
city furniture hire (properties) limited company details
company number
03740225
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
March 1999
age
25
accounts
Total Exemption Full
ultimate parent company
previous names
city furniture hire limited (March 2022)
docklands city hire services limited (November 2001)
incorporated
UK
address
heather house, 473 warrington road, warrington, WA3 5QU
last accounts submitted
February 2023
city furniture hire (properties) 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 9 charges/mortgages relating to city furniture hire (properties) limited. Currently there are 9 open charges and 0 have been satisfied in the past.
city furniture hire (properties) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
