classiclean limited
classiclean limited Company Information
Company Number
03942864
Next Accounts
754 days late
Directors
Shareholders
habib ullah
tanveer alam
Group Structure
View All
Industry
Washing and (dry-)cleaning of textile and fur products
Registered Address
suite 501 unit 2, 94a wycliffe road, northampton, NN1 5JF
classiclean limited Estimated Valuation
Pomanda estimates the enterprise value of CLASSICLEAN LIMITED at £230.1k based on a Turnover of £696.6k and 0.33x industry multiple (adjusted for size and gross margin).
classiclean limited Estimated Valuation
Pomanda estimates the enterprise value of CLASSICLEAN LIMITED at £0 based on an EBITDA of £-54.8k and a 1.86x industry multiple (adjusted for size and gross margin).
classiclean limited Estimated Valuation
Pomanda estimates the enterprise value of CLASSICLEAN LIMITED at £0 based on Net Assets of £-163.9k and 2.32x industry multiple (adjusted for liquidity).
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Classiclean Limited Overview
Classiclean Limited is a live company located in northampton, NN1 5JF with a Companies House number of 03942864. It operates in the washing and (dry-)cleaning of textile and fur products sector, SIC Code 96010. Founded in March 2000, it's largest shareholder is habib ullah with a 50% stake. Classiclean Limited is a mature, small sized company, Pomanda has estimated its turnover at £696.6k with declining growth in recent years.
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Classiclean Limited Health Check
Pomanda's financial health check has awarded Classiclean Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £696.6k, make it smaller than the average company (£1.9m)
- Classiclean Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a faster rate (-6.6%)
- Classiclean Limited
-6.6% - Industry AVG
Production
with a gross margin of 2.5%, this company has a higher cost of product (18%)
- Classiclean Limited
18% - Industry AVG
Profitability
an operating margin of -7.9% make it less profitable than the average company (-1.7%)
- Classiclean Limited
-1.7% - Industry AVG
Employees
with 5 employees, this is below the industry average (74)
5 - Classiclean Limited
74 - Industry AVG
Pay Structure
on an average salary of £19.5k, the company has an equivalent pay structure (£19.5k)
- Classiclean Limited
£19.5k - Industry AVG
Efficiency
resulting in sales per employee of £139.3k, this is more efficient (£30.2k)
- Classiclean Limited
£30.2k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is earlier than average (42 days)
- Classiclean Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 326 days, this is slower than average (33 days)
- Classiclean Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Classiclean Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Classiclean Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 133.2%, this is a higher level of debt than the average (61.1%)
133.2% - Classiclean Limited
61.1% - Industry AVG
CLASSICLEAN LIMITED financials
Classiclean Limited's latest turnover from May 2021 is estimated at £696.6 thousand and the company has net assets of -£163.9 thousand. According to their latest financial statements, Classiclean Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 961,502 | |||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 162,019 | |||||||||||
| Gross Profit | 799,483 | |||||||||||
| Admin Expenses | 747,215 | |||||||||||
| Operating Profit | 52,268 | |||||||||||
| Interest Payable | 7,450 | |||||||||||
| Interest Receivable | 118 | |||||||||||
| Pre-Tax Profit | 44,936 | |||||||||||
| Tax | -2,884 | |||||||||||
| Profit After Tax | 42,052 | |||||||||||
| Dividends Paid | 40,000 | |||||||||||
| Retained Profit | 2,052 | |||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 5 | 5 | 10 | |||||||||
| EBITDA* | 96,663 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 458,347 | 457,933 | 11,939 | 18,510 | 19,069 | 21,233 | 28,311 | 37,748 | 56,036 | 59,750 | 82,662 | 79,692 |
| Intangible Assets | 448,000 | 448,000 | 448,000 | 448,000 | 560,000 | 600,000 | 673,121 | 728,134 | 783,147 | 896,091 | ||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | 22,342 | 31,645 | 4,613 | 4,613 | 9,481 | 9,481 | 9,481 | 9,481 | ||||
| Total Fixed Assets | 458,347 | 457,933 | 459,939 | 488,852 | 498,714 | 469,233 | 592,924 | 642,361 | 738,638 | 797,365 | 875,290 | 985,264 |
| Stock & work in progress | 5,260 | 5,260 | 3,462 | 2,541 | 833 | 994 | 1,048 | 2,998 | 3,468 | 4,821 | ||
| Trade Debtors | 35,408 | 56,285 | 34,515 | 30,753 | 22,167 | 27,568 | 38,721 | 30,816 | 31,773 | |||
| Group Debtors | ||||||||||||
| Misc Debtors | 30,342 | |||||||||||
| Cash | 81,224 | 15,326 | 1,592 | 318 | 3,490 | 30,133 | 628 | 47,192 | 2 | 13 | ||
| misc current assets | ||||||||||||
| total current assets | 35,408 | 56,285 | 116,826 | 20,586 | 5,054 | 37,374 | 35,076 | 53,294 | 29,244 | 88,911 | 34,286 | 36,607 |
| total assets | 493,755 | 514,218 | 576,765 | 509,438 | 503,768 | 506,607 | 628,000 | 695,655 | 767,882 | 886,276 | 909,576 | 1,021,871 |
| Bank overdraft | 66,917 | |||||||||||
| Bank loan | 43,711 | |||||||||||
| Trade Creditors | 607,630 | 623,310 | 4,058 | 488,541 | 624,566 | 753,062 | 745,960 | 726,329 | 758,856 | 868,840 | 886,527 | 231,691 |
| Group/Directors Accounts | 78,031 | 479,252 | ||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 565,844 | 163,900 | ||||||||||
| total current liabilities | 607,630 | 623,310 | 647,933 | 488,541 | 624,566 | 753,062 | 745,960 | 726,329 | 758,856 | 868,840 | 886,527 | 985,471 |
| loans | 11,451 | |||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | 50,000 | 77,723 | 69,807 | 30,000 | 8,060 | 24,383 | 4,144 | 11,127 | ||||
| provisions | 4,185 | 7,104 | 6,946 | |||||||||
| total long term liabilities | 50,000 | 77,723 | 69,807 | 30,000 | 12,245 | 31,487 | 11,090 | 11,127 | 11,451 | |||
| total liabilities | 657,630 | 623,310 | 647,933 | 566,264 | 694,373 | 783,062 | 745,960 | 738,574 | 790,343 | 879,930 | 897,654 | 996,922 |
| net assets | -163,875 | -109,092 | -71,168 | -56,826 | -190,605 | -276,455 | -117,960 | -42,919 | -22,461 | 6,346 | 11,922 | 24,949 |
| total shareholders funds | -163,875 | -109,092 | -71,168 | -56,826 | -190,605 | -276,455 | -117,960 | -42,919 | -22,461 | 6,346 | 11,922 | 24,949 |
| May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 52,268 | |||||||||||
| Depreciation | 6,571 | 6,571 | 6,171 | 5,308 | 7,078 | 9,437 | 20,065 | 23,669 | 22,912 | 27,388 | 26,397 | |
| Amortisation | 112,000 | 40,000 | 55,012 | 55,013 | 55,013 | 95,024 | 17,998 | |||||
| Tax | -2,884 | |||||||||||
| Stock | -5,260 | 1,798 | 921 | 1,708 | -161 | -54 | -1,950 | -470 | -1,353 | 4,821 | ||
| Debtors | -20,877 | 25,943 | 8,000 | -9,303 | -2,870 | -851 | 8,586 | -10,269 | -11,153 | 7,905 | -957 | 41,254 |
| Creditors | -15,680 | 619,252 | -484,483 | -136,025 | -128,496 | 7,102 | 19,631 | -32,527 | -109,984 | -17,687 | 654,836 | 231,691 |
| Accruals and Deferred Income | -565,844 | 565,844 | -163,900 | 163,900 | ||||||||
| Deferred Taxes & Provisions | -4,185 | -2,919 | 158 | 6,946 | ||||||||
| Cash flow from operations | 443,295 | |||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | -43,711 | 43,711 | ||||||||||
| Group/Directors Accounts | -78,031 | 78,031 | -479,252 | 479,252 | ||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | -11,451 | 11,451 | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | 50,000 | -77,723 | 7,916 | 39,807 | 30,000 | -8,060 | -16,323 | 20,239 | -6,983 | 11,127 | ||
| share issue | ||||||||||||
| interest | -7,332 | |||||||||||
| cash flow from financing | 549,979 | |||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -81,224 | 65,898 | 13,734 | 1,274 | -3,172 | -26,643 | 29,505 | -46,564 | 47,190 | -11 | 13 | |
| overdraft | -66,917 | 66,917 | ||||||||||
| change in cash | -81,224 | 65,898 | 13,734 | 1,274 | -3,172 | -26,643 | 29,505 | -46,564 | 47,190 | 66,906 | -66,904 |
classiclean limited Credit Report and Business Information
Classiclean Limited Competitor Analysis
Perform a competitor analysis for classiclean limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in NN1 area or any other competitors across 12 key performance metrics.
classiclean limited Ownership
CLASSICLEAN LIMITED group structure
Classiclean Limited has no subsidiary companies.
Ultimate parent company
CLASSICLEAN LIMITED
03942864
classiclean limited directors
Classiclean Limited currently has 1 director, Mr Habib Ullah serving since Oct 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Habib Ullah | England | 44 years | Oct 2018 | - | Director |
P&L
May 2021turnover
696.6k
+21%
operating profit
-54.8k
0%
gross margin
2.5%
-90.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2021net assets
-163.9k
+0.5%
total assets
493.8k
-0.04%
cash
0
0%
net assets
Total assets minus all liabilities
classiclean limited company details
company number
03942864
Type
Private limited with Share Capital
industry
96010 - Washing and (dry-)cleaning of textile and fur products
incorporation date
March 2000
age
25
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2021
previous names
N/A
accountant
-
auditor
-
address
suite 501 unit 2, 94a wycliffe road, northampton, NN1 5JF
Bank
HSBC BANK PLC
Legal Advisor
-
classiclean 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 4 charges/mortgages relating to classiclean limited. Currently there are 3 open charges and 1 have been satisfied in the past.
classiclean 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 CLASSICLEAN LIMITED. This can take several minutes, an email will notify you when this has completed.
classiclean limited Companies House Filings - See Documents
| date | description | view/download |
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