county broadband ltd

Live MatureSmallRapid

county broadband ltd Company Information

Share COUNTY BROADBAND LTD

Company Number

04666043

Directors

Ian Shervell

Ian Shervell

View All

Shareholders

county broadband holdings ltd

Group Structure

View All

Industry

Wireless telecommunications activities

 +1

Registered Address

old bourchiers hall new road, aldham, colchester, essex, CO6 3QU

county broadband ltd Estimated Valuation

£3.4m

Pomanda estimates the enterprise value of COUNTY BROADBAND LTD at £3.4m based on a Turnover of £4.7m and 0.72x industry multiple (adjusted for size and gross margin).

county broadband ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of COUNTY BROADBAND LTD at £0 based on an EBITDA of £-17.5m and a 2.59x industry multiple (adjusted for size and gross margin).

county broadband ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of COUNTY BROADBAND LTD at £0 based on Net Assets of £-63.6m and 2.73x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

County Broadband Ltd Overview

County Broadband Ltd is a live company located in colchester, CO6 3QU with a Companies House number of 04666043. It operates in the wired telecommunications activities sector, SIC Code 61100. Founded in February 2003, it's largest shareholder is county broadband holdings ltd with a 100% stake. County Broadband Ltd is a mature, small sized company, Pomanda has estimated its turnover at £4.7m with rapid growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

County Broadband Ltd Health Check

Pomanda's financial health check has awarded County Broadband Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £4.7m, make it in line with the average company (£5.7m)

£4.7m - County Broadband Ltd

£5.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (5.2%)

38% - County Broadband Ltd

5.2% - Industry AVG

production

Production

with a gross margin of 18.7%, this company has a higher cost of product (38.4%)

18.7% - County Broadband Ltd

38.4% - Industry AVG

profitability

Profitability

an operating margin of -409.3% make it less profitable than the average company (2.5%)

-409.3% - County Broadband Ltd

2.5% - Industry AVG

employees

Employees

with 277 employees, this is above the industry average (41)

277 - County Broadband Ltd

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £58.2k, the company has an equivalent pay structure (£58.2k)

£58.2k - County Broadband Ltd

£58.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £17.1k, this is less efficient (£170.6k)

£17.1k - County Broadband Ltd

£170.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 27 days, this is earlier than average (44 days)

27 days - County Broadband Ltd

44 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 39 days, this is quicker than average (49 days)

39 days - County Broadband Ltd

49 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - County Broadband Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 17 weeks, this is more cash available to meet short term requirements (14 weeks)

17 weeks - County Broadband Ltd

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 207.7%, this is a higher level of debt than the average (64.4%)

207.7% - County Broadband Ltd

64.4% - Industry AVG

COUNTY BROADBAND LTD financials

EXPORTms excel logo

County Broadband Ltd's latest turnover from December 2023 is £4.7 million and the company has net assets of -£63.6 million. According to their latest financial statements, County Broadband Ltd has 277 employees and maintains cash reserves of £1.4 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
Turnover4,742,8854,685,7754,109,2131,805,5043,662,1581,369,5871,033,584908,009948,504291,666344,783184,845172,74581,8220
Other Income Or Grants000000000000000
Cost Of Sales3,855,7642,164,7481,967,0161,349,1392,149,393806,429616,852540,829557,379174,253212,386115,883106,51450,3230
Gross Profit887,1212,521,0272,142,197456,3651,512,764563,157416,732367,180391,125117,413132,39768,96266,23131,4990
Admin Expenses20,299,61414,753,3807,525,0475,031,5934,502,952980,560474,612497,274342,499137,298142,21949,67040,80710,662-10,852
Operating Profit-19,412,493-12,232,353-5,382,850-4,575,228-2,990,188-417,403-57,880-130,09448,626-19,885-9,82219,29225,42420,83710,852
Interest Payable8,364,0775,054,3593,599,2031,720,42900000000000
Interest Receivable29,6481,649961463,6481,9883252352964124202143430
Pre-Tax Profit-27,746,922-17,285,063-8,981,957-6,295,511-2,986,540-415,415-57,555-129,85948,921-19,473-9,40219,31325,42820,87110,882
Tax00000000-9,78400-4,635-6,611-5,844-3,047
Profit After Tax-27,746,922-17,285,063-8,981,957-6,295,511-2,986,540-415,415-57,555-129,85939,137-19,473-9,40214,67818,81715,0277,835
Dividends Paid000000000000000
Retained Profit-27,746,922-17,285,063-8,981,957-6,295,511-2,986,540-415,415-57,555-129,85939,137-19,473-9,40214,67818,81715,0277,835
Employee Costs16,129,16011,072,0946,821,4813,919,0062,423,050831,812628,657653,225551,90994,01397,83948,48545,79543,7310
Number Of Employees277192121734516121211221110
EBITDA*-17,452,521-10,861,001-4,595,965-4,268,810-2,773,567-196,90441,643-49,681114,04660,13422,73940,79341,99834,97522,403

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets56,708,45939,558,21425,175,60416,026,4173,004,035475,382496,058341,458274,256235,15096,46862,68948,59741,97634,653
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets56,708,45939,558,21425,175,60416,026,4173,004,035475,382496,058341,458274,256235,15096,46862,68948,59741,97634,653
Stock & work in progress000017,6750000000000
Trade Debtors357,789434,841204,318119,68363,25874,61063,15234,69343,86147,35747,72223,88630,1117,8017,291
Group Debtors000000000000000
Misc Debtors574,696507,5682,609,573395,616400,68470,27860310,8190000000
Cash1,391,8295,131,862404,508897,441498,082474,72455,47874,482113,5264,754159,8658,217531,58712,012
misc current assets000000000000000
total current assets2,324,3146,074,2713,218,3991,412,740979,699619,612119,233119,994157,38752,111207,58732,10330,1649,38819,303
total assets59,032,77345,632,48528,394,00317,439,1573,983,7341,094,994615,291461,452431,643287,261304,05594,79278,76151,36453,956
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 417,4302,343,3221,872,6391,607,777928,980138,21772,47422,45744,19543,00355,65038,43311,03728,50038,536
Group/Directors Accounts00000000250,00000026,04300
other short term finances67,38546,63519,83918,39100000000000
hp & lease commitments000000000000000
other current liabilities3,754,0781,937,7551,046,906565,676378,396347,361237,401166,0670000000
total current liabilities4,238,8934,327,7122,939,3842,191,8441,307,376485,578309,875188,524294,19543,00355,65038,43337,08028,50038,536
loans118,375,13377,139,10444,003,887000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities00024,814,6245,948,158894,676175,26185,21869,87915,32600007,583
provisions000000000000000
total long term liabilities118,375,13377,139,10444,003,88724,814,6245,948,158894,676175,26185,21869,87915,32600007,583
total liabilities122,614,02681,466,81646,943,27127,006,4687,255,5341,380,254485,136273,742364,07458,32955,65038,43337,08028,50046,119
net assets-63,581,253-35,834,331-18,549,268-9,567,311-3,271,800-285,260130,155187,71067,569228,932248,40556,35941,68122,8647,837
total shareholders funds-63,581,253-35,834,331-18,549,268-9,567,311-3,271,800-285,260130,155187,71067,569228,932248,40556,35941,68122,8647,837
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-19,412,493-12,232,353-5,382,850-4,575,228-2,990,188-417,403-57,880-130,09448,626-19,885-9,82219,29225,42420,83710,852
Depreciation1,959,9721,371,352786,885306,418216,621220,49999,52380,41365,42080,01932,56121,50116,57414,13811,551
Amortisation000000000000000
Tax00000000-9,78400-4,635-6,611-5,844-3,047
Stock000-17,67517,6750000000000
Debtors-9,924-1,871,4822,298,59251,357319,05481,13318,2431,651-3,496-36523,836-6,22522,3105107,291
Creditors-1,925,892470,683264,862678,797790,76365,74350,017-21,7381,192-12,64717,21727,396-17,463-10,03638,536
Accruals and Deferred Income1,816,323890,849481,230187,28031,035109,96071,334166,0670000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-17,552,166-7,627,987-6,148,465-3,436,415-2,288,498-102,334144,75192,997108,95047,85216,12069,779-4,38618,58550,601
Investing Activities
capital expenditure-19,110,217-15,753,962-9,936,072-13,328,800-2,745,274-199,823-254,123-147,615-104,526-218,701-66,340-35,593-23,195-21,461-46,204
Change in Investments000000000000000
cash flow from investments-19,110,217-15,753,962-9,936,072-13,328,800-2,745,274-199,823-254,123-147,615-104,526-218,701-66,340-35,593-23,195-21,461-46,204
Financing Activities
Bank loans000000000000000
Group/Directors Accounts0000000-250,000250,00000-26,04326,04300
Other Short Term Loans 20,75026,7961,44818,39100000000000
Long term loans41,236,02933,135,21744,003,887000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities00-24,814,62418,866,4665,053,482719,41590,04315,33954,55315,326000-7,5837,583
share issue0000000250,000-200,5000201,4480002
interest-8,334,429-5,052,710-3,599,107-1,720,2833,6481,9883252352964124202143430
cash flow from financing32,922,35028,109,30315,591,60417,164,5745,057,130721,40390,36815,574104,34915,738201,868-26,02226,047-7,5497,615
cash and cash equivalents
cash-3,740,0334,727,354-492,933399,35923,358419,246-19,004-39,044108,772-155,111151,6488,164-1,534-10,42512,012
overdraft000000000000000
change in cash-3,740,0334,727,354-492,933399,35923,358419,246-19,004-39,044108,772-155,111151,6488,164-1,534-10,42512,012

county broadband ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for county broadband ltd. Get real-time insights into county broadband ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

County Broadband Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for county broadband ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in CO6 area or any other competitors across 12 key performance metrics.

county broadband ltd Ownership

COUNTY BROADBAND LTD group structure

County Broadband Ltd has no subsidiary companies.

Ultimate parent company

1 parent

COUNTY BROADBAND LTD

04666043

COUNTY BROADBAND LTD Shareholders

county broadband holdings ltd 100%

county broadband ltd directors

County Broadband Ltd currently has 6 directors. The longest serving directors include Mr Ian Shervell (Jan 2020) and Mr Ian Shervell (Jan 2020).

officercountryagestartendrole
Mr Ian ShervellEngland46 years Jan 2020- Director
Mr Ian ShervellEngland46 years Jan 2020- Director
Mr Terfel RobertsUnited Kingdom66 years Jan 2020- Director
Mr John East75 years Jan 2020- Director
Mr Matthew O'ConnorEngland65 years Nov 2023- Director
Ms Margarida Torroais Albuquerque LealEngland35 years Dec 2023- Director

P&L

December 2023

turnover

4.7m

+1%

operating profit

-19.4m

+59%

gross margin

18.8%

-65.23%

turnover

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

Balance Sheet

December 2023

net assets

-63.6m

+0.77%

total assets

59m

+0.29%

cash

1.4m

-0.73%

net assets

Total assets minus all liabilities

county broadband ltd company details

company number

04666043

Type

Private limited with Share Capital

industry

61200 - Wireless telecommunications activities

61100 - Wired telecommunications activities

incorporation date

February 2003

age

22

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

long companies 222 limited (April 2003)

accountant

-

auditor

LB GROUP LIMITED (COLCHESTER)

address

old bourchiers hall new road, aldham, colchester, essex, CO6 3QU

Bank

-

Legal Advisor

-

county broadband ltd 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 7 charges/mortgages relating to county broadband ltd. Currently there are 3 open charges and 4 have been satisfied in the past.

county broadband ltd 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 COUNTY BROADBAND LTD. This can take several minutes, an email will notify you when this has completed.

county broadband ltd Companies House Filings - See Documents

datedescriptionview/download