classnet limited

Dissolved 

classnet limited Company Information

Share CLASSNET LIMITED

Company Number

04176191

Shareholders

executors of the late mr c. christophorou

Group Structure

View All

Industry

Renting and leasing of other machinery, equipment and tangible goods n.e.c.

 

Registered Address

38a park drive, wistaston, crewe, CW2 8EN

Website

-

classnet limited Estimated Valuation

£1.2k

Pomanda estimates the enterprise value of CLASSNET LIMITED at £1.2k based on a Turnover of £2.3k and 0.53x industry multiple (adjusted for size and gross margin).

classnet limited Estimated Valuation

£116.4k

Pomanda estimates the enterprise value of CLASSNET LIMITED at £116.4k based on an EBITDA of £48.7k and a 2.39x industry multiple (adjusted for size and gross margin).

classnet limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of CLASSNET LIMITED at £1.7m based on Net Assets of £697.3k and 2.38x industry multiple (adjusted for liquidity).

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Classnet Limited Overview

Classnet Limited is a dissolved company that was located in crewe, CW2 8EN with a Companies House number of 04176191. It operated in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in March 2001, it's largest shareholder was executors of the late mr c. christophorou with a 100% stake. The last turnover for Classnet Limited was estimated at £2.3k.

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Classnet Limited Health Check

Pomanda's financial health check has awarded Classnet Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £2.3k, make it smaller than the average company (£7.9m)

£2.3k - Classnet Limited

£7.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (6.3%)

-17% - Classnet Limited

6.3% - Industry AVG

production

Production

with a gross margin of 27.4%, this company has a higher cost of product (42.3%)

27.4% - Classnet Limited

42.3% - Industry AVG

profitability

Profitability

an operating margin of 2096.1% make it more profitable than the average company (12.6%)

2096.1% - Classnet Limited

12.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (53)

1 - Classnet Limited

53 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.4k, the company has an equivalent pay structure (£39.4k)

£39.4k - Classnet Limited

£39.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2.3k, this is less efficient (£186.7k)

£2.3k - Classnet Limited

£186.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Classnet Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 216 days, this is slower than average (50 days)

216 days - Classnet Limited

50 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Classnet Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Classnet Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 32.5%, this is a lower level of debt than the average (66.6%)

32.5% - Classnet Limited

66.6% - Industry AVG

CLASSNET LIMITED financials

EXPORTms excel logo

Classnet Limited's latest turnover from August 2019 is estimated at £2.3 thousand and the company has net assets of £697.3 thousand. According to their latest financial statements, we estimate that Classnet Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Turnover2,3245,2834,3124,1374,51088,011
Other Income Or Grants
Cost Of Sales1,6873,8723,1402,9783,26964,851
Gross Profit6371,4111,1721,1591,24223,160
Admin Expenses-48,080-114,92954,334-86,634-51,27130,324-140,448-120,879-157,199-162,899-393,821
Operating Profit48,717116,340-53,16287,79352,513-7,164140,448120,879157,199162,899393,821
Interest Payable21,59045,30450,73156,78862,39932,628
Interest Receivable
Pre-Tax Profit48,717116,340-53,16287,79352,513-28,75495,14470,147100,411100,500361,193
Tax-9,256-22,105-17,558-10,502-21,883-16,835-26,107-28,140-101,134
Profit After Tax39,46194,235-53,16270,23442,010-28,75473,26153,31274,30472,360260,059
Dividends Paid
Retained Profit39,46194,235-53,16270,23442,010-28,75473,26153,31274,30472,360260,059
Employee Costs39,44137,72436,62835,69536,15336,473
Number Of Employees111111
EBITDA*48,717116,340-53,16287,79352,513-7,164140,448120,879157,199162,899393,821

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets1,032,8031,026,1031,026,103606,656606,656640,271647,506644,926643,326643,326616,609
Intangible Assets640,271640,271606,656727,689727,689727,689727,689727,689
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,032,8031,026,1031,026,1031,246,9271,246,9271,246,9271,375,1951,372,6151,371,0151,371,0151,344,298
Stock & work in progress
Trade Debtors27,6001,749
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets27,6001,749
total assets1,032,8031,026,1031,026,1031,246,9271,246,9271,274,5271,375,1951,372,6151,371,0151,371,0151,346,047
Bank overdraft
Bank loan
Trade Creditors 1,0002,0001,8201,8001,8001,800
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities5,0194,9136,57021,2571,500
total current liabilities1,0002,0001,8201,8001,8001,8005,0194,9136,57021,2571,500
loans664,307729,659831,310916,0281,003,951
hp & lease commitments
Accruals and Deferred Income
other liabilities334,483366,244460,659627,341697,575767,185171,573177,008125,412100,31179,537
provisions
total long term liabilities334,483366,244460,659627,341697,575767,185835,880906,667956,7221,016,3391,083,488
total liabilities335,483368,244462,479629,141699,375768,985840,899911,580963,2921,037,5961,084,988
net assets697,320657,859563,624617,786547,552505,542534,296461,035407,723333,419261,059
total shareholders funds697,320657,859563,624617,786547,552505,542534,296461,035407,723333,419261,059
Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit48,717116,340-53,16287,79352,513-7,164140,448120,879157,199162,899393,821
Depreciation
Amortisation
Tax-9,256-22,105-17,558-10,502-21,883-16,835-26,107-28,140-101,134
Stock
Debtors-27,60027,600-1,7491,749
Creditors-1,000180201,800
Accruals and Deferred Income-5,019106-1,657-14,68719,7571,500
Deferred Taxes & Provisions
Cash flow from operations38,46194,415-53,14270,23569,611-37,983118,671102,387116,405156,265292,438
Investing Activities
capital expenditure-6,700220,824128,268-2,580-1,600-26,717-1,344,298
Change in Investments
cash flow from investments-6,700220,824128,268-2,580-1,600-26,717-1,344,298
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-664,307-65,352-101,651-84,718-87,9231,003,951
Hire Purchase and Lease Commitments
other long term liabilities-31,761-94,415-166,682-70,234-69,610595,612-5,43551,59625,10120,77479,537
share issue-1,0001,000
interest-21,590-45,304-50,731-56,788-62,399-32,628
cash flow from financing-31,761-94,415-167,682-70,234-69,610-90,285-116,091-100,786-116,405-129,5481,051,860
cash and cash equivalents
cash
overdraft
change in cash

classnet limited 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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Classnet Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for classnet limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in CW2 area or any other competitors across 12 key performance metrics.

classnet limited Ownership

CLASSNET LIMITED group structure

Classnet Limited has no subsidiary companies.

Ultimate parent company

CLASSNET LIMITED

04176191

CLASSNET LIMITED Shareholders

executors of the late mr c. christophorou 100%

classnet limited directors

Classnet Limited currently has 1 director, Miss Nicola Christophorou serving since Dec 2018.

officercountryagestartendrole
Miss Nicola ChristophorouEngland40 years Dec 2018- Director

P&L

August 2019

turnover

2.3k

-56%

operating profit

48.7k

0%

gross margin

27.5%

+2.69%

turnover

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

Balance Sheet

August 2019

net assets

697.3k

+0.06%

total assets

1m

+0.01%

cash

0

0%

net assets

Total assets minus all liabilities

classnet limited company details

company number

04176191

Type

Private limited with Share Capital

industry

77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.

incorporation date

March 2001

age

24

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

August 2019

previous names

N/A

accountant

-

auditor

-

address

38a park drive, wistaston, crewe, CW2 8EN

Bank

-

Legal Advisor

-

classnet 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 classnet limited. Currently there are 0 open charges and 9 have been satisfied in the past.

classnet 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 CLASSNET LIMITED. This can take several minutes, an email will notify you when this has completed.

classnet limited Companies House Filings - See Documents

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