carringtons formal wear limited Company Information
Company Number
04499748
Website
http://impeccablewear.co.ukRegistered Address
lynwood house, 373-375 station road, harrow, middlesex, HA1 2AW
Industry
Retail sale of clothing in specialised stores
Telephone
02084211111
Next Accounts Due
September 2025
Group Structure
View All
Directors
Gerald Bratt22 Years
Shareholders
karen alison bratt 50%
gerald bratt 50%
carringtons formal wear limited Estimated Valuation
Pomanda estimates the enterprise value of CARRINGTONS FORMAL WEAR LIMITED at £200.7k based on a Turnover of £579.6k and 0.35x industry multiple (adjusted for size and gross margin).
carringtons formal wear limited Estimated Valuation
Pomanda estimates the enterprise value of CARRINGTONS FORMAL WEAR LIMITED at £0 based on an EBITDA of £-9.4k and a 3.31x industry multiple (adjusted for size and gross margin).
carringtons formal wear limited Estimated Valuation
Pomanda estimates the enterprise value of CARRINGTONS FORMAL WEAR LIMITED at £47.3k based on Net Assets of £16.6k and 2.84x industry multiple (adjusted for liquidity).
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Carringtons Formal Wear Limited Overview
Carringtons Formal Wear Limited is a live company located in harrow, HA1 2AW with a Companies House number of 04499748. It operates in the retail sale of clothing in specialised stores sector, SIC Code 47710. Founded in July 2002, it's largest shareholder is karen alison bratt with a 50% stake. Carringtons Formal Wear Limited is a mature, small sized company, Pomanda has estimated its turnover at £579.6k with healthy growth in recent years.
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Carringtons Formal Wear Limited Health Check
Pomanda's financial health check has awarded Carringtons Formal Wear Limited a 1 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
1 Strong
2 Regular
7 Weak
Size
annual sales of £579.6k, make it smaller than the average company (£12m)
- Carringtons Formal Wear Limited
£12m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (7.9%)
- Carringtons Formal Wear Limited
7.9% - Industry AVG
Production
with a gross margin of 36.9%, this company has a higher cost of product (51.5%)
- Carringtons Formal Wear Limited
51.5% - Industry AVG
Profitability
an operating margin of -1.6% make it less profitable than the average company (4.7%)
- Carringtons Formal Wear Limited
4.7% - Industry AVG
Employees
with 5 employees, this is below the industry average (65)
5 - Carringtons Formal Wear Limited
65 - Industry AVG
Pay Structure
on an average salary of £27.9k, the company has an equivalent pay structure (£27.9k)
- Carringtons Formal Wear Limited
£27.9k - Industry AVG
Efficiency
resulting in sales per employee of £115.9k, this is less efficient (£169.3k)
- Carringtons Formal Wear Limited
£169.3k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (12 days)
- Carringtons Formal Wear Limited
12 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (37 days)
- Carringtons Formal Wear Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Carringtons Formal Wear Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Carringtons Formal Wear Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.1%, this is a higher level of debt than the average (73.4%)
85.1% - Carringtons Formal Wear Limited
73.4% - Industry AVG
CARRINGTONS FORMAL WEAR LIMITED financials
Carringtons Formal Wear Limited's latest turnover from December 2023 is estimated at £579.6 thousand and the company has net assets of £16.6 thousand. According to their latest financial statements, Carringtons Formal Wear Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 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 | 5 | 5 | 5 | 5 | 4 | 5 | 7 | 7 | 7 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 4,060 | 4,001 | 2,379 | 2,795 | 3,443 | 4,256 | 5,280 | 6,202 | 7,723 | 5,355 | 6,384 | 7,098 | 8,793 | 10,813 | 10,848 |
Intangible Assets | 0 | 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 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 4,060 | 4,001 | 2,379 | 2,795 | 3,443 | 4,256 | 5,280 | 6,202 | 7,723 | 5,355 | 6,384 | 7,098 | 8,793 | 10,813 | 10,848 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 66,372 | 73,218 | 60,000 | 47,000 | 30,000 | 35,000 | 35,000 | 35,000 | 29,500 | 25,000 |
Trade Debtors | 107,409 | 155,108 | 156,706 | 96,227 | 67,726 | 1,169 | 771 | 0 | 0 | 7,787 | 27,082 | 25,879 | 28,218 | 28,060 | 27,626 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 10,591 | 8,936 | 13,259 | 8,004 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 9,690 | 2,820 | 12,632 | 28,544 | 43,358 | 24,466 | 23,812 | 37,225 | 37,843 | 43,357 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 107,409 | 155,108 | 156,706 | 96,227 | 67,726 | 87,822 | 85,745 | 85,891 | 83,548 | 81,145 | 86,548 | 84,691 | 100,443 | 95,403 | 95,983 |
total assets | 111,469 | 159,109 | 159,085 | 99,022 | 71,169 | 92,078 | 91,025 | 92,093 | 91,271 | 86,500 | 92,932 | 91,789 | 109,236 | 106,216 | 106,831 |
Bank overdraft | 0 | 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 | 0 |
Trade Creditors | 62,978 | 95,332 | 98,468 | 48,530 | 67,843 | 23,420 | 18,648 | 21,115 | 20,323 | 38,957 | 35,368 | 41,902 | 39,277 | 27,094 | 25,883 |
Group/Directors Accounts | 0 | 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 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 49,488 | 25,678 | 19,929 | 24,282 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 62,978 | 95,332 | 98,468 | 48,530 | 67,843 | 72,908 | 44,326 | 41,044 | 44,605 | 38,957 | 35,368 | 41,902 | 39,277 | 27,094 | 25,883 |
loans | 0 | 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 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 31,863 | 37,745 | 42,415 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 616 | 856 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 31,863 | 37,745 | 42,415 | 50,000 | 0 | 616 | 856 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 94,841 | 133,077 | 140,883 | 98,530 | 67,843 | 73,524 | 45,182 | 41,044 | 44,605 | 38,957 | 35,368 | 41,902 | 39,277 | 27,094 | 25,883 |
net assets | 16,628 | 26,032 | 18,202 | 492 | 3,326 | 18,554 | 45,843 | 51,049 | 46,666 | 47,543 | 57,564 | 49,887 | 69,959 | 79,122 | 80,948 |
total shareholders funds | 16,628 | 26,032 | 18,202 | 492 | 3,326 | 18,554 | 45,843 | 51,049 | 46,666 | 47,543 | 57,564 | 49,887 | 69,959 | 79,122 | 80,948 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 1,024 | 1,297 | 1,521 | 1,932 | 1,029 | 1,179 | 1,695 | 2,020 | 1,980 | 2,046 | |||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Tax | |||||||||||||||
Stock | 0 | 0 | 0 | 0 | -66,372 | -6,846 | 13,218 | 13,000 | 17,000 | -5,000 | 0 | 0 | 5,500 | 4,500 | 25,000 |
Debtors | -47,699 | -1,598 | 60,479 | 28,501 | 55,966 | 2,053 | -3,552 | 5,255 | 217 | -19,295 | 1,203 | -2,339 | 158 | 434 | 27,626 |
Creditors | -32,354 | -3,136 | 49,938 | -19,313 | 44,423 | 4,772 | -2,467 | 792 | -18,634 | 3,589 | -6,534 | 2,625 | 12,183 | 1,211 | 25,883 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | -49,488 | 23,810 | 5,749 | -4,353 | 24,282 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -616 | -240 | 856 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 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 | 0 |
Other Short Term Loans | 0 | 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 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -5,882 | -4,670 | -7,585 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 0 | 0 | 0 | 0 | -9,690 | 6,870 | -9,812 | -15,912 | -14,814 | 18,892 | 654 | -13,413 | -618 | -5,514 | 43,357 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | -9,690 | 6,870 | -9,812 | -15,912 | -14,814 | 18,892 | 654 | -13,413 | -618 | -5,514 | 43,357 |
carringtons formal wear limited Credit Report and Business Information
Carringtons Formal Wear Limited Competitor Analysis
Perform a competitor analysis for carringtons formal wear limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in HA1 area or any other competitors across 12 key performance metrics.
carringtons formal wear limited Ownership
CARRINGTONS FORMAL WEAR LIMITED group structure
Carringtons Formal Wear Limited has no subsidiary companies.
Ultimate parent company
CARRINGTONS FORMAL WEAR LIMITED
04499748
carringtons formal wear limited directors
Carringtons Formal Wear Limited currently has 1 director, Mr Gerald Bratt serving since Jul 2002.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Gerald Bratt | England | 66 years | Jul 2002 | - | Director |
P&L
December 2023turnover
579.6k
-12%
operating profit
-9.4k
0%
gross margin
36.9%
-6.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
16.6k
-0.36%
total assets
111.5k
-0.3%
cash
0
0%
net assets
Total assets minus all liabilities
carringtons formal wear limited company details
company number
04499748
Type
Private limited with Share Capital
industry
47710 - Retail sale of clothing in specialised stores
incorporation date
July 2002
age
22
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
lynwood house, 373-375 station road, harrow, middlesex, HA1 2AW
Bank
-
Legal Advisor
-
carringtons formal wear 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 carringtons formal wear limited. Currently there are 1 open charges and 0 have been satisfied in the past.
carringtons formal wear limited Companies House Filings - See Documents
date | description | view/download |
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