clearance services limited Company Information
Company Number
04108048
Website
http://cslgroundworks.co.ukRegistered Address
forvis mazars llp 30 old bailey, london, EC4M 7AU
Industry
Remediation activities and other waste management services.
Telephone
-
Next Accounts Due
57 days late
Group Structure
View All
Directors
Derek Boulton16 Years
Shareholders
boulton derek 77%
charlotte boulton 23%
clearance services limited Estimated Valuation
Pomanda estimates the enterprise value of CLEARANCE SERVICES LIMITED at £1.6m based on a Turnover of £3.3m and 0.49x industry multiple (adjusted for size and gross margin).
clearance services limited Estimated Valuation
Pomanda estimates the enterprise value of CLEARANCE SERVICES LIMITED at £2m based on an EBITDA of £588.1k and a 3.37x industry multiple (adjusted for size and gross margin).
clearance services limited Estimated Valuation
Pomanda estimates the enterprise value of CLEARANCE SERVICES LIMITED at £2.5m based on Net Assets of £985.5k and 2.49x industry multiple (adjusted for liquidity).
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Clearance Services Limited Overview
Clearance Services Limited is a live company located in london, EC4M 7AU with a Companies House number of 04108048. It operates in the remediation activities and other waste management services sector, SIC Code 39000. Founded in November 2000, it's largest shareholder is boulton derek with a 77% stake. Clearance Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.3m with declining growth in recent years.
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Clearance Services Limited Health Check
Pomanda's financial health check has awarded Clearance Services Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £3.3m, make it smaller than the average company (£10.5m)
- Clearance Services Limited
£10.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (5.9%)
- Clearance Services Limited
5.9% - Industry AVG
Production
with a gross margin of 15.3%, this company has a higher cost of product (23.1%)
- Clearance Services Limited
23.1% - Industry AVG
Profitability
an operating margin of 4.9% make it as profitable than the average company (5.8%)
- Clearance Services Limited
5.8% - Industry AVG
Employees
with 7 employees, this is below the industry average (40)
7 - Clearance Services Limited
40 - Industry AVG
Pay Structure
on an average salary of £41.2k, the company has an equivalent pay structure (£41.2k)
- Clearance Services Limited
£41.2k - Industry AVG
Efficiency
resulting in sales per employee of £478.6k, this is more efficient (£209.1k)
- Clearance Services Limited
£209.1k - Industry AVG
Debtor Days
it gets paid by customers after 73 days, this is later than average (55 days)
- Clearance Services Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 192 days, this is slower than average (43 days)
- Clearance Services Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Clearance Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (14 weeks)
4 weeks - Clearance Services Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.8%, this is a higher level of debt than the average (64.7%)
77.8% - Clearance Services Limited
64.7% - Industry AVG
CLEARANCE SERVICES LIMITED financials
Clearance Services Limited's latest turnover from November 2022 is estimated at £3.3 million and the company has net assets of £985.5 thousand. According to their latest financial statements, Clearance Services Limited has 7 employees and maintains cash reserves of £137.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 7 | 7 | 4 | 2 | ||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 3,625,121 | 3,818,310 | 2,525,656 | 2,237,387 | 1,420,774 | 1,258,221 | 884,799 | 771,448 | 380,278 | 175,568 | 51,966 | 26,669 | 0 | 0 |
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 | 3,625,121 | 3,818,310 | 2,525,656 | 2,237,387 | 1,420,774 | 1,258,221 | 884,799 | 771,448 | 380,278 | 175,568 | 51,966 | 26,669 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 671,792 | 1,224,981 | 1,025,474 | 1,021,198 | 606,779 | 574,075 | 342,042 | 291,621 | 101,184 | 73,999 | 33,866 | 63,499 | 10,500 | 720 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 137,725 | 257,858 | 1,066,325 | 681,498 | 176,100 | 191,563 | 208,457 | 45,542 | 22,426 | 15,537 | 13,728 | 9,164 | 262 | 7,429 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 809,517 | 1,482,839 | 2,091,799 | 1,702,696 | 782,879 | 765,638 | 550,499 | 337,163 | 123,610 | 89,536 | 47,594 | 72,663 | 10,762 | 8,149 |
total assets | 4,434,638 | 5,301,149 | 4,617,455 | 3,940,083 | 2,203,653 | 2,023,859 | 1,435,298 | 1,108,611 | 503,888 | 265,104 | 99,560 | 99,332 | 10,762 | 8,149 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,494,887 | 2,613,203 | 2,173,540 | 1,788,631 | 191,045 | 202,263 | 114,506 | 46,354 | 22,208 | 31,831 | 28,101 | 62,331 | 15,414 | 14,061 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,494,887 | 2,613,203 | 2,173,540 | 1,788,631 | 191,045 | 202,263 | 114,506 | 46,354 | 22,208 | 31,831 | 28,101 | 62,331 | 15,414 | 14,061 |
loans | 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 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 1,954,230 | 1,840,745 | 1,486,610 | 1,134,788 | 1,026,171 | 904,943 | 657,627 | 550,228 | 327,056 | 161,282 | 42,361 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31,883 | 0 | 0 |
total long term liabilities | 1,954,230 | 1,840,745 | 1,486,610 | 1,134,788 | 1,026,171 | 904,943 | 657,627 | 550,228 | 327,056 | 161,282 | 42,361 | 31,883 | 0 | 0 |
total liabilities | 3,449,117 | 4,453,948 | 3,660,150 | 2,923,419 | 1,217,216 | 1,107,206 | 772,133 | 596,582 | 349,264 | 193,113 | 70,462 | 94,214 | 15,414 | 14,061 |
net assets | 985,521 | 847,201 | 957,305 | 1,016,664 | 986,437 | 916,653 | 663,165 | 512,029 | 154,624 | 71,991 | 29,098 | 5,118 | -4,652 | -5,912 |
total shareholders funds | 985,521 | 847,201 | 957,305 | 1,016,664 | 986,437 | 916,653 | 663,165 | 512,029 | 154,624 | 71,991 | 29,098 | 5,118 | -4,652 | -5,912 |
Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 423,243 | 424,257 | 280,629 | 157,864 | 222,038 | 156,141 | 136,138 | 67,106 | 30,982 | 9,169 | 8,889 | 0 | 0 | |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -553,189 | 199,507 | 4,276 | 414,419 | 32,704 | 232,033 | 50,421 | 190,437 | 27,185 | 40,133 | -29,633 | 52,999 | 9,780 | 720 |
Creditors | -1,118,316 | 439,663 | 384,909 | 1,597,586 | -11,218 | 87,757 | 68,152 | 24,146 | -9,623 | 3,730 | -34,230 | 46,917 | 1,353 | 14,061 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -31,883 | 31,883 | 0 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 113,485 | 354,135 | 351,822 | 108,617 | 121,228 | 247,316 | 107,399 | 223,172 | 165,774 | 118,921 | 42,361 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -120,133 | -808,467 | 384,827 | 505,398 | -15,463 | -16,894 | 162,915 | 23,116 | 6,889 | 1,809 | 4,564 | 8,902 | -7,167 | 7,429 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -120,133 | -808,467 | 384,827 | 505,398 | -15,463 | -16,894 | 162,915 | 23,116 | 6,889 | 1,809 | 4,564 | 8,902 | -7,167 | 7,429 |
clearance services limited Credit Report and Business Information
Clearance Services Limited Competitor Analysis
Perform a competitor analysis for clearance services limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other small companies, companies in EC4M area or any other competitors across 12 key performance metrics.
clearance services limited Ownership
CLEARANCE SERVICES LIMITED group structure
Clearance Services Limited has no subsidiary companies.
Ultimate parent company
CLEARANCE SERVICES LIMITED
04108048
clearance services limited directors
Clearance Services Limited currently has 1 director, Mr Derek Boulton serving since Sep 2008.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Derek Boulton | England | 56 years | Sep 2008 | - | Director |
P&L
November 2022turnover
3.3m
-47%
operating profit
164.8k
0%
gross margin
15.3%
+11.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
985.5k
+0.16%
total assets
4.4m
-0.16%
cash
137.7k
-0.47%
net assets
Total assets minus all liabilities
clearance services limited company details
company number
04108048
Type
Private limited with Share Capital
industry
39000 - Remediation activities and other waste management services.
incorporation date
November 2000
age
24
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
November 2022
previous names
N/A
accountant
-
auditor
-
address
forvis mazars llp 30 old bailey, london, EC4M 7AU
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
clearance services 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 1 charges/mortgages relating to clearance services limited. Currently there are 0 open charges and 1 have been satisfied in the past.
clearance services limited Companies House Filings - See Documents
date | description | view/download |
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