clearys limited
clearys limited Company Information
Company Number
04190123
Website
-Registered Address
164 walkden road, walkden, worsley, manchester, M28 7DP
Industry
Retail sale in non-specialised stores with food, beverages or tobacco predominating
Telephone
-
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
mark andrew cleary 60%
deborah cleary 30%
View Allclearys limited Estimated Valuation
Pomanda estimates the enterprise value of CLEARYS LIMITED at £3.7m based on a Turnover of £11m and 0.33x industry multiple (adjusted for size and gross margin).
clearys limited Estimated Valuation
Pomanda estimates the enterprise value of CLEARYS LIMITED at £2.1m based on an EBITDA of £496.4k and a 4.31x industry multiple (adjusted for size and gross margin).
clearys limited Estimated Valuation
Pomanda estimates the enterprise value of CLEARYS LIMITED at £4.3m based on Net Assets of £1.7m and 2.54x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
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Clearys Limited Overview
Clearys Limited is a live company located in worsley, M28 7DP with a Companies House number of 04190123. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in March 2001, it's largest shareholder is mark andrew cleary with a 60% stake. Clearys Limited is a mature, mid sized company, Pomanda has estimated its turnover at £11m with declining growth in recent years.
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Clearys Limited Health Check
Pomanda's financial health check has awarded Clearys Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
2 Weak
Size
annual sales of £11m, make it larger than the average company (£736.8k)
£11m - Clearys Limited
£736.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (3.5%)
- Clearys Limited
3.5% - Industry AVG
Production
with a gross margin of 25.6%, this company has a comparable cost of product (23.5%)
25.6% - Clearys Limited
23.5% - Industry AVG
Profitability
an operating margin of 3.6% make it as profitable than the average company (3.7%)
3.6% - Clearys Limited
3.7% - Industry AVG
Employees
with 118 employees, this is above the industry average (13)
118 - Clearys Limited
13 - Industry AVG
Pay Structure
on an average salary of £13k, the company has an equivalent pay structure (£15k)
£13k - Clearys Limited
£15k - Industry AVG
Efficiency
resulting in sales per employee of £93.5k, this is equally as efficient (£105.8k)
£93.5k - Clearys Limited
£105.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Clearys Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (25 days)
19 days - Clearys Limited
25 days - Industry AVG
Stock Days
it holds stock equivalent to 19 days, this is in line with average (22 days)
19 days - Clearys Limited
22 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 83 weeks, this is more cash available to meet short term requirements (21 weeks)
83 weeks - Clearys Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42%, this is a lower level of debt than the average (65.3%)
42% - Clearys Limited
65.3% - Industry AVG
clearys limited Credit Report and Business Information
Clearys Limited Competitor Analysis
Perform a competitor analysis for clearys limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
clearys limited Ownership
CLEARYS LIMITED group structure
Clearys Limited has no subsidiary companies.
Ultimate parent company
CLEARYS LIMITED
04190123
clearys limited directors
Clearys Limited currently has 3 directors. The longest serving directors include Mr Ian Cleary (May 2001) and Mr Mark Cleary (May 2001).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Cleary | 64 years | May 2001 | - | Director | |
| Mr Mark Cleary | 62 years | May 2001 | - | Director | |
| Mr Benjamin Cleary | 30 years | Oct 2023 | - | Director |
CLEARYS LIMITED financials
Clearys Limited's latest turnover from September 2022 is £11 million and the company has net assets of £1.7 million. According to their latest financial statements, Clearys Limited has 118 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 11,030,038 | 12,252,095 | 15,486,606 | 11,048,821 | 10,356,369 | 9,468,849 | 9,355,201 | 9,240,457 | 8,887,241 | 8,230,748 | 8,999,549 | 8,796,847 | 8,562,959 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Cost Of Sales | 8,211,495 | 9,459,146 | 12,141,832 | 8,631,903 | 8,091,653 | 7,467,625 | |||||||
| Gross Profit | 2,818,543 | 2,792,949 | 3,344,774 | 2,416,918 | 2,264,716 | 2,001,224 | |||||||
| Admin Expenses | 2,425,017 | 2,379,228 | 2,640,175 | 2,307,132 | 1,907,236 | 1,900,438 | |||||||
| Operating Profit | 393,526 | 413,721 | 704,599 | 109,786 | 357,480 | 100,786 | 262,616 | 93,643 | 40,748 | 28,883 | 39,607 | 69,748 | -31,181 |
| Interest Payable | 0 | 0 | 0 | 1,123 | 8,669 | 2,099 | 2,215 | 8,375 | 8,251 | 2,434 | 6,655 | 9,893 | 10,321 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 378 | 519 | 2,569 | 0 | 0 | 0 |
| Pre-Tax Profit | 393,526 | 413,721 | 704,599 | 108,663 | 348,811 | 98,687 | 260,401 | 85,646 | 33,016 | 29,018 | 32,952 | 59,855 | -41,502 |
| Tax | -73,081 | -78,608 | -134,089 | -22,355 | -65,556 | -19,838 | -49,971 | -18,286 | -7,567 | -3,471 | -1,446 | -8,733 | 8,642 |
| Profit After Tax | 320,445 | 335,113 | 570,510 | 86,308 | 283,255 | 78,849 | 210,430 | 67,360 | 25,449 | 25,547 | 31,506 | 51,122 | -32,860 |
| Dividends Paid | 57,000 | 48,000 | 70,000 | 49,000 | 56,000 | 35,000 | 74,000 | 56,000 | 44,000 | 41,800 | 0 | 20,000 | 0 |
| Retained Profit | 263,445 | 287,113 | 500,510 | 37,308 | 227,255 | 43,849 | 136,430 | 11,360 | -18,551 | -16,253 | 31,506 | 31,122 | -32,860 |
| Employee Costs | 1,531,476 | 1,499,617 | 1,802,458 | 1,402,919 | 1,307,333 | 1,207,835 | 1,176,719 | 1,101,236 | 1,073,109 | 1,016,714 | 1,093,393 | 1,130,994 | 1,121,855 |
| Number Of Employees | 118 | 130 | 125 | 118 | 124 | 113 | 110 | 113 | 86 | 88 | 99 | 110 | 116 |
| EBITDA* | 496,396 | 512,681 | 801,849 | 220,362 | 440,495 | 169,143 | 310,870 | 132,300 | 75,511 | 61,253 | 75,445 | 109,998 | 14,759 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 726,680 | 567,053 | 477,179 | 540,205 | 626,907 | 330,422 | 358,119 | 143,591 | 168,813 | 105,644 | 125,299 | 145,234 | 174,271 |
| Intangible Assets | 32,761 | 45,226 | 58,628 | 72,343 | 86,058 | 94,773 | 107,488 | 120,203 | 132,918 | 145,633 | 158,348 | 171,063 | 209,270 |
| Investments & Other | 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 |
| Total Fixed Assets | 759,441 | 612,279 | 535,807 | 612,548 | 712,965 | 425,195 | 465,607 | 263,794 | 301,731 | 251,277 | 283,647 | 316,297 | 383,541 |
| Stock & work in progress | 437,003 | 399,581 | 394,574 | 378,868 | 390,475 | 332,577 | 367,472 | 392,906 | 380,850 | 311,251 | 302,703 | 319,889 | 330,061 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 105,000 | 0 | 0 | 0 | 0 | 15,905 | 30,006 | 66,588 | 72,156 | 86,323 | 73,916 | 61,961 | 44,329 |
| Cash | 1,643,280 | 1,378,751 | 1,309,817 | 642,777 | 652,730 | 641,557 | 527,267 | 489,431 | 318,595 | 212,504 | 202,022 | 160,468 | 93,661 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,185,283 | 1,778,332 | 1,704,391 | 1,021,645 | 1,043,205 | 990,039 | 924,745 | 948,925 | 771,601 | 610,078 | 578,641 | 542,318 | 468,051 |
| total assets | 2,944,724 | 2,390,611 | 2,240,198 | 1,634,193 | 1,756,170 | 1,415,234 | 1,390,352 | 1,212,719 | 1,073,332 | 861,355 | 862,288 | 858,615 | 851,592 |
| Bank overdraft | 423,748 | 75,889 | 61,256 | 204,309 | 400,227 | 366,765 | 396,026 | 308,201 | 144,878 | 107,133 | 80,508 | 117,383 | 101,882 |
| Bank loan | 0 | 0 | 0 | 0 | 12,000 | 19,643 | 0 | 19,643 | 20,106 | 3,320 | 0 | 0 | 0 |
| Trade Creditors | 448,274 | 476,128 | 503,455 | 405,204 | 425,511 | 370,857 | 376,343 | 395,991 | 430,014 | 324,407 | 329,924 | 254,578 | 258,992 |
| Group/Directors Accounts | 454 | 1,856 | 432 | 993 | 249 | 1,903 | 0 | 0 | 2,000 | 0 | 1,629 | 1,629 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 114,914 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 151,268 | 212,102 | 355,094 | 196,816 | 116,749 | 118,110 | 104,086 | 119,017 | 95,423 | 92,810 | 78,713 | 126,716 | 131,691 |
| total current liabilities | 1,023,744 | 765,975 | 920,237 | 807,322 | 954,736 | 877,278 | 876,455 | 842,852 | 692,421 | 527,670 | 490,774 | 500,306 | 607,479 |
| loans | 87,128 | 87,128 | 87,128 | 87,128 | 87,128 | 97,485 | 28,357 | 133,485 | 152,076 | 100,412 | 119,874 | 136,015 | 50,232 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 87,128 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 124,716 | 91,817 | 74,255 | 81,675 | 93,546 | 46,966 | 48,756 | 23,156 | 26,969 | 12,856 | 14,970 | 17,130 | 19,839 |
| total long term liabilities | 211,844 | 178,945 | 161,383 | 168,803 | 180,674 | 144,451 | 164,241 | 156,641 | 179,045 | 113,268 | 134,844 | 153,145 | 70,071 |
| total liabilities | 1,235,588 | 944,920 | 1,081,620 | 976,125 | 1,135,410 | 1,021,729 | 1,040,696 | 999,493 | 871,466 | 640,938 | 625,618 | 653,451 | 677,550 |
| net assets | 1,709,136 | 1,445,691 | 1,158,578 | 658,068 | 620,760 | 393,505 | 349,656 | 213,226 | 201,866 | 220,417 | 236,670 | 205,164 | 174,042 |
| total shareholders funds | 1,709,136 | 1,445,691 | 1,158,578 | 658,068 | 620,760 | 393,505 | 349,656 | 213,226 | 201,866 | 220,417 | 236,670 | 205,164 | 174,042 |
| Sep 2022 | Sep 2021 | Sep 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 393,526 | 413,721 | 704,599 | 109,786 | 357,480 | 100,786 | 262,616 | 93,643 | 40,748 | 28,883 | 39,607 | 69,748 | -31,181 |
| Depreciation | 90,405 | 85,558 | 83,535 | 96,861 | 69,300 | 55,642 | 35,539 | 25,942 | 22,048 | 19,655 | 23,123 | 27,535 | 31,325 |
| Amortisation | 12,465 | 13,402 | 13,715 | 13,715 | 13,715 | 12,715 | 12,715 | 12,715 | 12,715 | 12,715 | 12,715 | 12,715 | 14,615 |
| Tax | -73,081 | -78,608 | -134,089 | -22,355 | -65,556 | -19,838 | -49,971 | -18,286 | -7,567 | -3,471 | -1,446 | -8,733 | 8,642 |
| Stock | 37,422 | 5,007 | 15,706 | -11,607 | 57,898 | -34,895 | -25,434 | 12,056 | 69,599 | 8,548 | -17,186 | -10,172 | 330,061 |
| Debtors | 105,000 | 0 | 0 | 0 | -15,905 | -14,101 | -36,582 | -5,568 | -14,167 | 12,407 | 11,955 | 17,632 | 44,329 |
| Creditors | -27,854 | -27,327 | 98,251 | -20,307 | 54,654 | -5,486 | -19,648 | -34,023 | 105,607 | -5,517 | 75,346 | -4,414 | 258,992 |
| Accruals and Deferred Income | -60,834 | -142,992 | 158,278 | 80,067 | -1,361 | 14,024 | -14,931 | 23,594 | 2,613 | 14,097 | -48,003 | -4,975 | 131,691 |
| Deferred Taxes & Provisions | 32,899 | 17,562 | -7,420 | -11,871 | 46,580 | -1,790 | 25,600 | -3,813 | 14,113 | -2,114 | -2,160 | -2,709 | 19,839 |
| Cash flow from operations | 225,104 | 276,309 | 901,163 | 257,503 | 432,819 | 205,049 | 313,936 | 93,284 | 134,845 | 43,293 | 104,413 | 81,707 | 59,533 |
| Investing Activities | |||||||||||||
| capital expenditure | 0 | 0 | 0 | -10,159 | -370,785 | -30,235 | -250,067 | -720 | -85,217 | 0 | -3,188 | 0 | -8,801 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | -10,159 | -370,785 | -30,235 | -250,067 | -720 | -85,217 | 0 | -3,188 | 0 | -8,801 |
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | -12,000 | -7,643 | 19,643 | -19,643 | -463 | 16,786 | 3,320 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,402 | 1,424 | -561 | 744 | -1,654 | 1,903 | 0 | -2,000 | 2,000 | -1,629 | 0 | 1,629 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -114,914 | 114,914 |
| Long term loans | 0 | 0 | 0 | 0 | -10,357 | 69,128 | -105,128 | -18,591 | 51,664 | -19,462 | -16,141 | 85,783 | 50,232 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -87,128 | 87,128 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | 0 | 0 | 0 | -1,123 | -8,669 | -2,099 | -2,215 | -7,997 | -7,732 | 135 | -6,655 | -9,893 | -10,321 |
| cash flow from financing | -1,402 | 1,424 | -561 | -12,379 | -28,323 | 1,447 | -39,858 | -29,051 | 62,718 | -17,636 | -22,796 | -37,395 | 361,727 |
| cash and cash equivalents | |||||||||||||
| cash | 264,529 | 68,934 | 667,040 | -9,953 | 11,173 | 114,290 | 37,836 | 170,836 | 106,091 | 10,482 | 41,554 | 66,807 | 93,661 |
| overdraft | 347,859 | 14,633 | -143,053 | -195,918 | 33,462 | -29,261 | 87,825 | 163,323 | 37,745 | 26,625 | -36,875 | 15,501 | 101,882 |
| change in cash | -83,330 | 54,301 | 810,093 | 185,965 | -22,289 | 143,551 | -49,989 | 7,513 | 68,346 | -16,143 | 78,429 | 51,306 | -8,221 |
P&L
September 2022turnover
11m
-10%
operating profit
393.5k
-5%
gross margin
25.6%
+12.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
1.7m
+0.18%
total assets
2.9m
+0.23%
cash
1.6m
+0.19%
net assets
Total assets minus all liabilities
Similar Companies
clearys limited company details
company number
04190123
Type
Private limited with Share Capital
industry
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
March 2001
age
23
accounts
Full Accounts
ultimate parent company
previous names
qualitysign limited (March 2004)
incorporated
UK
address
164 walkden road, walkden, worsley, manchester, M28 7DP
last accounts submitted
September 2022
clearys 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 clearys limited. Currently there are 1 open charges and 0 have been satisfied in the past.
clearys limited Companies House Filings - See Documents
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