chrystal holdings limited

chrystal holdings limited Company Information

Share CHRYSTAL HOLDINGS LIMITED
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Company Number

04644613

Industry

Activities of financial services holding companies

 

Directors

Andrew Baker

Kevin Newsome

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Shareholders

kevin joseph newsome

andrew douglas baker

Group Structure

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Contact

Registered Address

500 styal road, manchester, M22 5HQ

chrystal holdings limited Estimated Valuation

£115.7m

Pomanda estimates the enterprise value of CHRYSTAL HOLDINGS LIMITED at £115.7m based on a Turnover of £74.7m and 1.55x industry multiple (adjusted for size and gross margin).

chrystal holdings limited Estimated Valuation

£27m

Pomanda estimates the enterprise value of CHRYSTAL HOLDINGS LIMITED at £27m based on an EBITDA of £5.1m and a 5.29x industry multiple (adjusted for size and gross margin).

chrystal holdings limited Estimated Valuation

£28.2m

Pomanda estimates the enterprise value of CHRYSTAL HOLDINGS LIMITED at £28.2m based on Net Assets of £15.9m and 1.77x industry multiple (adjusted for liquidity).

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Chrystal Holdings Limited Overview

Chrystal Holdings Limited is a live company located in manchester, M22 5HQ with a Companies House number of 04644613. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in January 2003, it's largest shareholder is kevin joseph newsome with a 50% stake. Chrystal Holdings Limited is a mature, large sized company, Pomanda has estimated its turnover at £74.7m with healthy growth in recent years.

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Chrystal Holdings Limited Health Check

Pomanda's financial health check has awarded Chrystal Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £74.7m, make it larger than the average company (£12.2m)

£74.7m - Chrystal Holdings Limited

£12.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (9.2%)

12% - Chrystal Holdings Limited

9.2% - Industry AVG

production

Production

with a gross margin of 7.9%, this company has a higher cost of product (79.3%)

7.9% - Chrystal Holdings Limited

79.3% - Industry AVG

profitability

Profitability

an operating margin of 3.9% make it less profitable than the average company (10.4%)

3.9% - Chrystal Holdings Limited

10.4% - Industry AVG

employees

Employees

with 22 employees, this is below the industry average (65)

22 - Chrystal Holdings Limited

65 - Industry AVG

paystructure

Pay Structure

on an average salary of £105.2k, the company has a higher pay structure (£84.1k)

£105.2k - Chrystal Holdings Limited

£84.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £3.4m, this is more efficient (£222.8k)

£3.4m - Chrystal Holdings Limited

£222.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 36 days, this is earlier than average (47 days)

36 days - Chrystal Holdings Limited

47 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 43 days, this is close to average (46 days)

43 days - Chrystal Holdings Limited

46 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 5 days, this is less than average (31 days)

5 days - Chrystal Holdings Limited

31 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 44 weeks, this is more cash available to meet short term requirements (27 weeks)

44 weeks - Chrystal Holdings Limited

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 50.9%, this is a similar level of debt than the average (54.2%)

50.9% - Chrystal Holdings Limited

54.2% - Industry AVG

CHRYSTAL HOLDINGS LIMITED financials

EXPORTms excel logo

Chrystal Holdings Limited's latest turnover from December 2023 is £74.7 million and the company has net assets of £15.9 million. According to their latest financial statements, Chrystal Holdings Limited has 22 employees and maintains cash reserves of £12.5 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover74,731,52571,116,60174,704,10453,204,29945,568,26228,023,23020,616,42115,076,91810,919,7484,636,3115,264,4335,713,3465,842,7927,236,8127,007,362
Other Income Or Grants000000000000000
Cost Of Sales68,830,31765,509,42969,381,56849,224,27938,563,89221,862,23115,315,64110,937,4717,417,6381,947,3701,595,4061,532,9931,556,8443,575,7942,649,135
Gross Profit5,901,2085,607,1725,322,5363,980,0207,004,3706,160,9995,300,7804,139,4473,502,1102,688,9413,669,0274,180,3534,285,9483,661,0184,358,227
Admin Expenses2,972,5872,605,6372,021,5111,464,5815,511,2215,417,8944,706,2793,605,0743,070,2972,341,0493,166,8283,658,6823,252,1332,975,9423,273,633
Operating Profit2,928,6213,001,5353,301,0252,515,4391,493,149743,105594,501534,373431,813347,892502,199521,6711,033,815685,0761,084,594
Interest Payable131,490164,687204,010248,845330,073177,553191,078189,229112,2061,64129,75370,004121,325159,164258,355
Interest Receivable187,5474,637877891,7967581,1212,0833,4848,88014,64213,61611,93012,43214,016
Pre-Tax Profit3,017,3972,841,4853,097,1022,267,3831,164,872566,309404,544347,227323,091355,131487,088465,283924,420538,344840,255
Tax-557,925-534,523-585,258-413,197-221,907-108,153-79,100-71,124-66,428-120,831-144,123-162,634-238,332-137,929-238,916
Profit After Tax2,459,4722,306,9622,511,8441,854,186942,965458,156325,444276,103256,663234,300342,965302,649686,088400,415601,339
Dividends Paid0760,000699,99700060,000200,000140,00080,00000600,000224,000960,000
Retained Profit2,459,4721,546,9621,811,8471,854,186942,965458,156265,44476,103116,663154,300342,965302,64986,088176,415-358,661
Employee Costs2,313,3411,908,1221,561,0051,097,9591,421,3591,462,4181,338,9071,087,3001,010,4921,050,4541,122,1291,089,8011,021,832910,8091,193,387
Number Of Employees22191512111098871010101010
EBITDA*5,109,7775,335,5466,293,1916,163,7975,280,8594,489,4593,770,4492,854,5042,315,9091,410,4052,390,9762,921,9213,148,3352,409,2573,008,880

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets3,100,4997,049,1868,760,08510,382,63511,404,91312,948,33411,136,90810,053,4909,306,1074,113,5923,156,1294,079,5795,403,5845,130,5025,087,415
Intangible Assets000000000000000
Investments & Other00001001001001000000000
Debtors (Due After 1 year)000100021,71861,361148,61300273,271226,507519,8831,095,8761,486,325
Total Fixed Assets3,100,4997,049,1868,760,08510,382,73511,405,01312,970,15211,198,36910,202,2039,306,1074,113,5923,429,4004,306,0865,923,4676,226,3786,573,740
Stock & work in progress970,504623,635566,780521,0872,494,853350,521537,287751,662238,130462,4252,77300019,450
Trade Debtors7,436,0086,496,3608,028,4966,746,3434,506,7516,513,9473,387,1231,671,6444,077,9741,454,173450,940548,223374,5591,110,737512,402
Group Debtors000000000000000
Misc Debtors5,922,6956,127,1769,475,0257,031,3553,946,259520,099153,025950,848622,210669,386745,2821,167,0711,075,9071,154,2291,696,722
Cash12,511,80511,050,3002,480,5553,900,1952,345,0461,310,3371,606,7581,132,4372,207,590880,8073,878,9813,423,7562,353,8812,439,0101,880,849
misc current assets2,487,285000000115,6660000000
total current assets29,328,29724,297,47120,550,85618,198,98013,292,9098,694,9045,684,1934,622,2577,145,9043,466,7915,077,9765,139,0503,804,3474,703,9764,109,423
total assets32,428,79631,346,65729,310,94128,581,71524,697,92221,665,05616,882,56214,824,46016,452,0117,580,3838,507,3769,445,1369,727,81410,930,35410,683,163
Bank overdraft0000264,6590000000000
Bank loan0000442000019,50138,346477,288734,995698,512865,628
Trade Creditors 8,168,4117,985,2307,487,5458,070,0427,538,2756,388,1653,588,5462,352,0144,093,753491,393269,107720,478225,725983,129460,235
Group/Directors Accounts000000000000000
other short term finances999,474709,999909,1701,016,8911,744,6322,547,0482,363,7941,510,9351,190,595000000
hp & lease commitments000000000000000
other current liabilities5,430,6886,286,0745,414,1954,972,0641,605,6852,081,7371,946,4161,411,6561,089,185672,9901,938,2232,229,1322,332,7822,151,0711,566,879
total current liabilities14,598,57314,981,30313,810,91014,058,99711,153,69311,016,9507,898,7565,274,6056,373,5331,183,8842,245,6763,426,8983,293,5023,832,7122,892,742
loans1,901,9272,896,5303,578,1694,412,7035,288,3993,335,2422,129,0972,953,7553,565,316019,501119,004837,7271,587,1452,456,339
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000010000000000
provisions00000006,8350000000
total long term liabilities1,901,9272,896,5303,578,1694,412,7035,288,4003,335,2422,129,0972,960,5903,565,316019,501119,004837,7271,587,1452,456,339
total liabilities16,500,50017,877,83317,389,07918,471,70016,442,09314,352,19210,027,8538,235,1959,938,8491,183,8842,265,1773,545,9024,131,2295,419,8575,349,081
net assets15,928,29613,468,82411,921,86210,110,0158,255,8297,312,8646,854,7096,589,2656,513,1626,396,4996,242,1995,899,2345,596,5855,510,4975,334,082
total shareholders funds15,928,29613,468,82411,921,86210,110,0158,255,8297,312,8646,854,7096,589,2656,513,1626,396,4996,242,1995,899,2345,596,5855,510,4975,334,082
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit2,928,6213,001,5353,301,0252,515,4391,493,149743,105594,501534,373431,813347,892502,199521,6711,033,815685,0761,084,594
Depreciation2,181,1562,334,0112,992,1663,648,3583,787,7103,746,3543,175,9482,320,1311,884,0961,062,5131,888,7772,400,2502,114,5201,724,1811,924,286
Amortisation000000000000000
Tax-557,925-534,523-585,258-413,197-221,907-108,153-79,100-71,124-66,428-120,831-144,123-162,634-238,332-137,929-238,916
Stock346,86956,85545,693-1,973,7662,144,332-186,766-214,375513,532-224,295459,6522,77300-19,45019,450
Debtors735,167-4,879,9853,725,7235,324,7881,397,2463,454,255830,404-1,929,0792,576,625654,066-472,308-28,548-1,390,493-334,6073,695,449
Creditors183,181497,685-582,497531,7671,150,1102,799,6191,236,532-1,741,7393,602,360222,286-451,371494,753-757,404522,894460,235
Accruals and Deferred Income-855,386871,879442,1313,366,379-476,052135,321534,760322,471416,195-1,265,233-290,909-103,650181,711584,1921,566,879
Deferred Taxes & Provisions000000-6,8356,8350000000
Cash flow from operations2,797,61110,993,7171,796,1516,297,7242,191,4324,048,7574,839,7772,786,4943,915,706-867,0911,974,1083,178,9383,724,8033,732,4711,082,179
Investing Activities
capital expenditure00000-5,557,780-4,259,366-3,067,514-7,076,611-2,019,977-965,327-1,076,245-2,387,602-1,767,268-952,154
Change in Investments000-1000001000000000
cash flow from investments0001000-5,557,780-4,259,366-3,067,614-7,076,611-2,019,977-965,327-1,076,245-2,387,602-1,767,268-952,154
Financing Activities
Bank loans000-442442000-19,501-18,845-438,942-257,70736,483-167,116865,628
Group/Directors Accounts000000000000000
Other Short Term Loans 289,475-199,171-107,721-727,741-802,416183,254852,859320,3401,190,595000000
Long term loans-994,603-681,639-834,534-875,6961,953,1571,206,145-824,658-611,5613,565,316-19,501-99,503-718,723-749,418-869,1942,456,339
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000-110000000000
share issue00000-1000000005,692,743
interest56,057-160,050-203,923-248,056-328,277-176,795-189,957-187,146-108,7227,239-15,111-56,388-109,395-146,732-244,339
cash flow from financing-649,071-1,040,860-1,146,178-1,851,936822,9071,212,603-161,756-478,3674,627,688-31,107-553,556-1,032,818-822,330-1,183,0428,770,371
cash and cash equivalents
cash1,461,5058,569,745-1,419,6401,555,1491,034,709-296,421474,321-1,075,1531,326,783-2,998,174455,2251,069,875-85,129558,1611,880,849
overdraft000-264,659264,6590000000000
change in cash1,461,5058,569,745-1,419,6401,819,808770,050-296,421474,321-1,075,1531,326,783-2,998,174455,2251,069,875-85,129558,1611,880,849

chrystal holdings limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Chrystal Holdings Limited Competitor Analysis

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Perform a competitor analysis for chrystal holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in M22 area or any other competitors across 12 key performance metrics.

chrystal holdings limited Ownership

CHRYSTAL HOLDINGS LIMITED group structure

Chrystal Holdings Limited has 1 subsidiary company.

Ultimate parent company

CHRYSTAL HOLDINGS LIMITED

04644613

1 subsidiary

CHRYSTAL HOLDINGS LIMITED Shareholders

kevin joseph newsome 50%
andrew douglas baker 50%

chrystal holdings limited directors

Chrystal Holdings Limited currently has 3 directors. The longest serving directors include Mr Andrew Baker (Jan 2003) and Mr Kevin Newsome (Jan 2003).

officercountryagestartendrole
Mr Andrew Baker56 years Jan 2003- Director
Mr Kevin NewsomeEngland60 years Jan 2003- Director
Mr David ChallinorEngland62 years Sep 2023- Director

P&L

December 2023

turnover

74.7m

+5%

operating profit

2.9m

-2%

gross margin

7.9%

+0.15%

turnover

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

Balance Sheet

December 2023

net assets

15.9m

+0.18%

total assets

32.4m

+0.03%

cash

12.5m

+0.13%

net assets

Total assets minus all liabilities

chrystal holdings limited company details

company number

04644613

Type

Private limited with Share Capital

industry

64205 - Activities of financial services holding companies

incorporation date

January 2003

age

21

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

DJH AUDIT LIMITED

address

500 styal road, manchester, M22 5HQ

Bank

BANK OF SCOTLAND

Legal Advisor

-

chrystal holdings 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 did not find charges/mortgages relating to chrystal holdings limited.

chrystal holdings limited Capital Raised & Share Issues BETA

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chrystal holdings limited Companies House Filings - See Documents

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