the conveyancing association

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the conveyancing association Company Information

Share THE CONVEYANCING ASSOCIATION

Company Number

04137280

Shareholders

-

Group Structure

View All

Industry

Activities of business and employers membership organisations

 

Registered Address

peershaws, berewyk hall court, bures road, colchester, CO6 2QB

the conveyancing association Estimated Valuation

£89.7k

Pomanda estimates the enterprise value of THE CONVEYANCING ASSOCIATION at £89.7k based on a Turnover of £130k and 0.69x industry multiple (adjusted for size and gross margin).

the conveyancing association Estimated Valuation

£0

Pomanda estimates the enterprise value of THE CONVEYANCING ASSOCIATION at £0 based on an EBITDA of £-37.3k and a 3.41x industry multiple (adjusted for size and gross margin).

the conveyancing association Estimated Valuation

£79.8k

Pomanda estimates the enterprise value of THE CONVEYANCING ASSOCIATION at £79.8k based on Net Assets of £32.6k and 2.45x industry multiple (adjusted for liquidity).

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The Conveyancing Association Overview

The Conveyancing Association is a live company located in colchester, CO6 2QB with a Companies House number of 04137280. It operates in the activities of business and employers membership organizations sector, SIC Code 94110. Founded in January 2001, it's largest shareholder is unknown. The Conveyancing Association is a mature, micro sized company, Pomanda has estimated its turnover at £130k with low growth in recent years.

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The Conveyancing Association Health Check

Pomanda's financial health check has awarded The Conveyancing Association a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £130k, make it smaller than the average company (£1.2m)

£130k - The Conveyancing Association

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (4%)

2% - The Conveyancing Association

4% - Industry AVG

production

Production

with a gross margin of 76.3%, this company has a comparable cost of product (76.3%)

76.3% - The Conveyancing Association

76.3% - Industry AVG

profitability

Profitability

an operating margin of -28.7% make it less profitable than the average company (1.3%)

-28.7% - The Conveyancing Association

1.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (15)

1 - The Conveyancing Association

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £51.1k, the company has an equivalent pay structure (£51.1k)

£51.1k - The Conveyancing Association

£51.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £130k, this is equally as efficient (£114.9k)

£130k - The Conveyancing Association

£114.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 47 days, this is later than average (37 days)

47 days - The Conveyancing Association

37 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 358 days, this is slower than average (46 days)

358 days - The Conveyancing Association

46 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The Conveyancing Association

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 42 weeks, this is less cash available to meet short term requirements (66 weeks)

42 weeks - The Conveyancing Association

66 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 72.2%, this is a higher level of debt than the average (42.9%)

72.2% - The Conveyancing Association

42.9% - Industry AVG

THE CONVEYANCING ASSOCIATION financials

EXPORTms excel logo

The Conveyancing Association's latest turnover from December 2023 is estimated at £130 thousand and the company has net assets of £32.6 thousand. According to their latest financial statements, The Conveyancing Association has 1 employee and maintains cash reserves of £69.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover130,00979,33094,231122,280570,212491,0701,737,522766,4324,78251,8902,2772,0532,7351,8382,068
Other Income Or Grants
Cost Of Sales30,87517,15518,28830,578183,299158,323562,234260,8051,73522,6239208721,281729784
Gross Profit99,13462,17575,94291,701386,914332,7471,175,288505,6273,04729,2671,3581,1811,4541,1081,284
Admin Expenses136,44777,821131,98730,611283,328333,3901,175,805565,295-24,18613,48612,616-27,712-3,2884,707-17,780
Operating Profit-37,313-15,646-56,04561,090103,586-643-517-59,66827,23315,781-11,25828,8934,742-3,59919,064
Interest Payable
Interest Receivable4,2393,35927081370643517255349197155128636336
Pre-Tax Profit-33,074-12,287-55,77561,170103,956-59,41327,58115,978-11,10329,0214,805-3,53619,100
Tax-11,622-19,752-5,516-3,355-6,965-1,249-5,348
Profit After Tax-33,074-12,287-55,77549,54884,204-59,41322,06512,623-11,10322,0563,556-3,53613,752
Dividends Paid
Retained Profit-33,074-12,287-55,77549,54884,204-59,41322,06512,623-11,10322,0563,556-3,53613,752
Employee Costs51,08748,74047,33290,504269,897230,613742,917336,97242,90846,94045,07044,64041,99540,74347,333
Number Of Employees1112651881111111
EBITDA*-37,313-15,646-56,04561,090103,586-643-517-59,66827,23315,781-11,25828,8934,742-3,59919,064

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors16,9194,2009,00012,60066,96048,416167,56377,190506
Group Debtors
Misc Debtors31,03929,22213,89637,7101,61928,360687
Cash69,14492,34899,583116,54745,10153,51189,043117,93086,10553,37725,47536,54214,48610,89414,381
misc current assets
total current assets117,102125,770122,479166,857113,680130,287257,293195,12086,61153,37725,47536,54214,48610,89414,381
total assets117,102125,770122,479166,857113,680130,287257,293195,12086,61153,37725,47536,54214,48610,89414,381
Bank overdraft
Bank loan
Trade Creditors 30,31842,05137,93932,08028,41016,029750714714678629
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities54,16818,0296,5631,0251,066130,287257,293195,12027,198
total current liabilities84,48660,08044,50233,10529,476130,287257,293195,12027,19816,029750714714678629
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities84,48660,08044,50233,10529,476130,287257,293195,12027,19816,029750714714678629
net assets32,61665,69077,977133,75284,20459,41337,34824,72535,82813,77210,21613,752
total shareholders funds32,61665,69077,977133,75284,20459,41337,34824,72535,82813,77210,21613,752
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit-37,313-15,646-56,04561,090103,586-643-517-59,66827,23315,781-11,25828,8934,742-3,59919,064
Depreciation
Amortisation
Tax-11,622-19,752-5,516-3,355-6,965-1,249-5,348
Stock
Debtors14,53610,526-27,414-18,269-8,197-41491,06076,684506
Creditors-11,7334,1125,8593,67028,410-16,02915,279363649629
Accruals and Deferred Income36,13911,4665,538-41-129,221-64,83362,173167,92227,198
Deferred Taxes & Provisions
Cash flow from operations-27,443-10,594-17,23471,366-8,780-65,062-29,40431,57032,38027,705-11,22221,9283,529-3,55014,345
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest4,2393,35927081370643517255349197155128636336
cash flow from financing4,2393,35927081370643517255349197155128636336
cash and cash equivalents
cash-23,204-7,235-16,96471,446-8,410-64,419-28,88731,82532,72827,902-11,06722,0563,592-3,48714,381
overdraft
change in cash-23,204-7,235-16,96471,446-8,410-64,419-28,88731,82532,72827,902-11,06722,0563,592-3,48714,381

the conveyancing association Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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The Conveyancing Association Competitor Analysis

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Perform a competitor analysis for the conveyancing association by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in CO6 area or any other competitors across 12 key performance metrics.

the conveyancing association Ownership

THE CONVEYANCING ASSOCIATION group structure

The Conveyancing Association has no subsidiary companies.

Ultimate parent company

THE CONVEYANCING ASSOCIATION

04137280

THE CONVEYANCING ASSOCIATION Shareholders

--

the conveyancing association directors

The Conveyancing Association currently has 15 directors. The longest serving directors include Mr David Hodgson (May 2001) and Mr Edward Goldsmith (Feb 2008).

officercountryagestartendrole
Mr David Hodgson72 years May 2001- Director
Mr Edward Goldsmith72 years Feb 2008- Director
Mr Geoffrey HallEngland57 years Feb 2012- Director
Mr Mark SladeUnited Kingdom62 years Apr 2013- Director
Ms Victoria MortimerEngland53 years Oct 2016- Director
Mr Samuel HawkingUnited Kingdom49 years Oct 2021- Director
Ms Nicola HeathcoteUnited Kingdom54 years Oct 2021- Director
Mr Samuel HawkingWales49 years Oct 2021- Director
Mr Peter RoddEngland72 years Jul 2022- Director
Mr Thomas ParkinsonEngland42 years Jul 2022- Director

P&L

December 2023

turnover

130k

+64%

operating profit

-37.3k

0%

gross margin

76.3%

-2.71%

turnover

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

Balance Sheet

December 2023

net assets

32.6k

-0.5%

total assets

117.1k

-0.07%

cash

69.1k

-0.25%

net assets

Total assets minus all liabilities

the conveyancing association company details

company number

04137280

Type

Private Limited by guarantee without Share Capital Exempt from using Limited

industry

94110 - Activities of business and employers membership organisations

incorporation date

January 2001

age

24

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

the direct conveyancing association (March 2010)

accountant

-

auditor

-

address

peershaws, berewyk hall court, bures road, colchester, CO6 2QB

Bank

-

Legal Advisor

-

the conveyancing association 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 did not find charges/mortgages relating to the conveyancing association.

the conveyancing association 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.

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the conveyancing association Companies House Filings - See Documents

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