Cgh Technology Ltd

POWER SEARCH PRICING

SOLUTIONS

cgh technology ltd Company Information

Live

MatureSmallDeclining

Company Number

03980397

Website

www.techserv.co.uk

Registered Address

perseverance mills, huddersfield road, mirfield, west yorkshire, WF14 9DL

Industry

Repair of machinery

Manufacture of machinery for metallurgy

View All

Telephone

01924460456

Next Accounts Due

January 2025

Group Structure

View All

Directors

Paul Gillgrass24 Years

Michael Cowley16 Years

Shareholders

michael james cowley 45%

paul richard gillgrass 35%

View All

cgh technology ltd Estimated Valuation

£738.8k

Pomanda estimates the enterprise value of CGH TECHNOLOGY LTD at £738.8k based on an EBITDA of £143.4k and a 5.15x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Cgh Technology Ltd is a live company located in mirfield, WF14 9DL with a Companies House number of 03980397. It operates in the manufacture of machinery for metallurgy sector, SIC Code 28910. Founded in April 2000, it's largest shareholder is michael james cowley with a 45% stake. Cgh Technology Ltd is a mature, small sized company, Pomanda has estimated its turnover at £657.9k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Cgh Technology Ltd a 4 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

Health Rating4out of 5

4 Strong

2 Regular

5 Weak

Size

annual sales of £657.9k, make it smaller than the average company (£9.6m)

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (5.1%)

EXPORT

Cgh Technology Ltd's latest turnover from April 2023 is estimated at £657.9 thousand and the company has net assets of £71 thousand. According to their latest financial statements, Cgh Technology Ltd has 6 employees and maintains cash reserves of £109.6 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Turnover	657,903	1,188,179	975,931	767,479	1,096,108	1,141,654	1,392,868	1,254,563	1,481,114	1,296,583	1,335,885	942,181	905,123	1,584,502
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	450,641	819,168	687,871	512,045	760,788	767,716	933,443	838,723	1,041,869	877,775	882,771	625,322	591,362	1,058,025
Gross Profit	207,262	369,011	288,061	255,434	335,320	373,938	459,425	415,840	439,245	418,809	453,114	316,859	313,762	526,477
Admin Expenses	64,812	409,149	279,966	270,405	332,252	381,887	456,919	414,287	423,508	414,441	435,942	296,500	291,064	566,641
Operating Profit	142,450	-40,138	8,095	-14,971	3,068	-7,949	2,506	1,553	15,737	4,368	17,172	20,359	22,698	-40,164
Interest Payable	3,716	3,405	2,352	1,191	767	24	146	152	0	0	608	608	0	0
Interest Receivable	3,396	333	37	19	15	27	13	239	264	33	14	86	118	38
Pre-Tax Profit	142,131	-43,210	5,780	-16,143	2,315	-7,946	2,373	1,640	16,001	4,401	16,577	19,837	22,816	-40,126
Tax	-35,533	0	-1,098	0	-440	0	-451	-328	-3,200	-924	-3,813	-4,761	-5,932	0
Profit After Tax	106,598	-43,210	4,682	-16,143	1,875	-7,946	1,922	1,312	12,801	3,477	12,764	15,076	16,884	-40,126
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	106,598	-43,210	4,682	-16,143	1,875	-7,946	1,922	1,312	12,801	3,477	12,764	15,076	16,884	-40,126
Employee Costs	275,492	400,546	410,461	476,822	472,233	511,426	489,615	436,533	364,418	319,345	328,264	225,394	251,344	402,505
Number Of Employees	6	9	10	11	11	12	12	11	9	8	8	6	7	10
EBITDA*	143,364	-37,475	13,123	-9,745	10,309	-2,385	14,036	13,539	29,643	17,258	32,196	27,716	26,568	-37,758

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Tangible Assets	0	4,687	5,965	8,971	11,433	15,701	18,239	35,276	17,826	38,657	31,485	41,933	22,744	5,827
Intangible Assets	4,100	4,100	4,100	4,100	4,100	5,600	7,100	8,600	10,100	11,600	13,100	14,600	16,100	18,500
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	4,100	8,787	10,065	13,071	15,533	21,301	25,339	43,876	27,926	50,257	44,585	56,533	38,844	24,327
Stock & work in progress	0	173,231	108,357	77,472	139,151	130,085	123,437	33,766	71,835	73,214	102,665	101,963	125,605	164,212
Trade Debtors	33,400	66,963	64,434	23,479	109,234	109,439	150,542	0	373,677	271,563	310,687	168,150	122,011	223,922
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	178,777	249,182	291,165	291,499	229,999	164,457	149,192	272,744	0	10,955	0	0	5,240	0
Cash	109,618	50,212	38,560	34,695	3,618	313	10,525	258	95,257	10,324	2,830	2,580	31,959	15,288
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	321,795	539,588	502,516	427,145	482,002	404,294	433,696	306,768	540,769	366,056	416,182	272,693	284,815	403,422
total assets	325,895	548,375	512,581	440,216	497,535	425,595	459,035	350,644	568,695	416,313	460,767	329,226	323,659	427,749
Bank overdraft	10,000	10,000	20,050	17,050	22,000	739	0	4,680	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	124,890	393,689	261,166	207,050	287,378	302,361	333,612	265,110	536,952	388,560	433,825	309,285	341,247	459,496
Group/Directors Accounts	4,100	4,100	4,100	4,100	4,100	4,137	7,059	4,197	0	0	0	0	105	7,379
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	94,272	145,385	179,687	207,416	162,846	98,211	89,789	45,316	0	0	0	0	0	0
total current liabilities	233,262	553,174	465,003	435,616	476,324	405,448	430,460	319,303	536,952	388,560	433,825	309,285	341,352	466,875
loans	21,667	30,833	40,000	0	0	0	0	0	0	0	0	18,720	0	0
hp & lease commitments	0	0	0	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	0	0	0	0	1,098	6,302	10,947	15,047	0	0	0
provisions	0	0	0	1,704	2,172	2,983	3,465	7,055	3,565	7,731	6,297	8,387	4,549	0
total long term liabilities	21,667	30,833	40,000	1,704	2,172	2,983	3,465	8,153	9,867	18,678	21,344	27,107	4,549	0
total liabilities	254,929	584,007	505,003	437,320	478,496	408,431	433,925	327,456	546,819	407,238	455,169	336,392	345,901	466,875
net assets	70,966	-35,632	7,578	2,896	19,039	17,164	25,110	23,188	21,876	9,075	5,598	-7,166	-22,242	-39,126
total shareholders funds	70,966	-35,632	7,578	2,896	19,039	17,164	25,110	23,188	21,876	9,075	5,598	-7,166	-22,242	-39,126

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Operating Activities
Operating Profit	142,450	-40,138	8,095	-14,971	3,068	-7,949	2,506	1,553	15,737	4,368	17,172	20,359	22,698	-40,164
Depreciation	914	2,663	5,028	5,226	5,741	5,564	10,030	10,486	12,406	11,390	13,524	5,857	2,370	906
Amortisation	0	0	0	0	1,500	0	1,500	1,500	1,500	1,500	1,500	1,500	1,500	1,500
Tax	-35,533	0	-1,098	0	-440	0	-451	-328	-3,200	-924	-3,813	-4,761	-5,932	0
Stock	-173,231	64,874	30,885	-61,679	9,066	6,648	89,671	-38,069	-1,379	-29,451	702	-23,642	-38,607	164,212
Debtors	-103,968	-39,454	40,621	-24,255	65,337	-25,838	26,990	-100,933	91,159	-28,169	142,537	40,899	-96,671	223,922
Creditors	-268,799	132,523	54,116	-80,328	-14,983	-31,251	68,502	-271,842	148,392	-45,265	124,540	-31,962	-118,249	459,496
Accruals and Deferred Income	-51,113	-34,302	-27,729	44,570	64,635	8,422	44,473	45,316	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	-1,704	-468	-811	-482	-3,590	3,490	-4,166	1,434	-2,090	3,838	4,549	0
Cash flow from operations	65,118	35,326	-34,798	39,963	-15,693	-6,506	6,309	-70,823	80,889	30,123	7,594	-22,426	42,214	33,604
Investing Activities
capital expenditure	3,773	-1,385	-2,022	-2,764	-1,473	-1,526	7,007	-27,936	8,425	-18,562	-3,076	-25,046	-18,387	-26,733
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	3,773	-1,385	-2,022	-2,764	-1,473	-1,526	7,007	-27,936	8,425	-18,562	-3,076	-25,046	-18,387	-26,733
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	-37	-2,922	2,862	4,197	0	0	0	-105	-7,274	7,379
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-9,166	-9,167	40,000	0	0	0	0	0	0	0	-18,720	18,720	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	-1,098	-5,204	-4,645	-4,100	15,047	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	1,000
interest	-320	-3,072	-2,315	-1,172	-752	3	-133	87	264	33	-594	-522	118	38
cash flow from financing	-9,486	-12,239	37,685	-1,172	-789	-2,919	1,631	-920	-4,381	-4,067	-4,267	18,093	-7,156	8,417
cash and cash equivalents
cash	59,406	11,652	3,865	31,077	3,305	-10,212	10,267	-94,999	84,933	7,494	250	-29,379	16,671	15,288
overdraft	0	-10,050	3,000	-4,950	21,261	739	-4,680	4,680	0	0	0	0	0	0
change in cash	59,406	21,702	865	36,027	-17,956	-10,951	14,947	-99,679	84,933	7,494	250	-29,379	16,671	15,288

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for cgh technology ltd. Get real-time insights into cgh technology ltd'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 cgh technology ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

CGH TECHNOLOGY LTD group structure

Cgh Technology Ltd has 1 subsidiary company.

Ultimate parent company

CGH TECHNOLOGY LTD

03980397

1 subsidiary

TECHSERV (NORTH WEST) LIMITED

02732270

CGH TECHNOLOGY LTD Shareholders

michael james cowley	45%
paul richard gillgrass	35%
mr david thomas hullah	20%

Cgh Technology Ltd currently has 2 directors. The longest serving directors include Mr Paul Gillgrass (Apr 2000) and Mr Michael Cowley (Jan 2008).

officer	country	age	start	end	role
Mr Paul Gillgrass	England	62 years	Apr 2000	-	Director
Mr Michael Cowley	England	62 years	Jan 2008	-	Director

P&L

April 2023

turnover

657.9k

-45%

operating profit

142.4k

gross margin

31.6%

+1.44%

turnover

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

Balance Sheet

April 2023

net assets

71k

-2.99%

total assets

325.9k

-0.41%

cash

109.6k

+1.18%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

t.a. industries limited

rapidflame limited

steelworks engineering systems limited

2.5

dragon machinery limited

mailroom machines ltd

2.5

company number

03980397

Type

Private limited with Share Capital

industry

28990 - Manufacture of other special-purpose machinery n.e.c.

33120 - Repair of machinery

28910 - Manufacture of machinery for metallurgy

incorporation date

April 2000

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

techserv cutting systems limited (November 2022)

techserv assist limited (February 2008)

incorporated

address

perseverance mills, huddersfield road, mirfield, west yorkshire, WF14 9DL

last accounts submitted

April 2023

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 cgh technology ltd.

cgh technology ltd Company Information

cgh technology ltd Estimated Valuation

cgh technology ltd Estimated Valuation

cgh technology ltd Estimated Valuation

Cgh Technology Ltd Overview

Cgh Technology Ltd Health Check

CGH TECHNOLOGY LTD financials

cgh technology ltd Credit Report and Business Information

Cgh Technology Ltd Competitor Analysis

cgh technology ltd Ownership

cgh technology ltd directors

cgh technology ltd company details

cgh technology ltd Charges & Mortgages

cgh technology ltd Companies House Filings - See Documents