Pomanda estimates the enterprise value of CENTRAL HEATING SPARES LIMITED at £411.3k based on a Turnover of £1.1m and 0.38x industry multiple (adjusted for size and gross margin).
central heating spares limitedEstimated Valuation
£268.9k
Pomanda estimates the enterprise value of CENTRAL HEATING SPARES LIMITED at £268.9k based on an EBITDA of £71.9k and a 3.74x industry multiple (adjusted for size and gross margin).
central heating spares limitedEstimated Valuation
£533.9k
Pomanda estimates the enterprise value of CENTRAL HEATING SPARES LIMITED at £533.9k based on Net Assets of £255.2k and 2.09x industry multiple (adjusted for liquidity).
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Central Heating Spares LimitedOverview
Central Heating Spares Limited is a live company located in park newcastle under lyme, ST5 7XE with a Companies House number of 04771471. It operates in the wholesale of hardware, plumbing and heating equipment and supplies sector, SIC Code 46740. Founded in May 2003, it's largest shareholder is
steven hancock
with a 60% stake. Central Heating Spares Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.1m with
declining
growth in recent years.
Pomanda's financial health check has awarded Central Heating Spares Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
4 Strong
4 Regular
4 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£8.9m)
£1.1m - Central Heating Spares Limited
£8.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6.3%)
-3% - Central Heating Spares Limited
6.3% - Industry AVG
Production
with a gross margin of 32%, this company has a comparable cost of product (32%)
32% - Central Heating Spares Limited
32% - Industry AVG
Profitability
an operating margin of 5.8% make it more profitable than the average company (3.8%)
5.8% - Central Heating Spares Limited
3.8% - Industry AVG
Employees
with 5 employees, this is below the industry average (31)
5 - Central Heating Spares Limited
31 - Industry AVG
Pay Structure
on an average salary of £35.8k, the company has an equivalent pay structure (£35.8k)
£35.8k - Central Heating Spares Limited
£35.8k - Industry AVG
Efficiency
resulting in sales per employee of £219.1k, this is equally as efficient (£244.7k)
£219.1k - Central Heating Spares Limited
£244.7k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (37 days)
14 days - Central Heating Spares Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 187 days, this is slower than average (38 days)
187 days - Central Heating Spares Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 107 days, this is more than average (84 days)
107 days - Central Heating Spares Limited
84 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 52 weeks, this is more cash available to meet short term requirements (18 weeks)
52 weeks - Central Heating Spares Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62%, this is a similar level of debt than the average (60.8%)
62% - Central Heating Spares Limited
60.8% - Industry AVG
CENTRAL HEATING SPARES LIMITED financials
EXPORT
Central Heating Spares Limited's latest turnover from March 2024 is estimated at £1.1 million and the company has net assets of £255.2 thousand. According to their latest financial statements, Central Heating Spares Limited has 5 employees and maintains cash reserves of £384.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
May 2010
Turnover
1,095,376
1,173,534
1,039,494
1,211,189
1,537,517
1,144,877
1,042,513
981,479
1,017,483
814,124
590,123
321,063
203,796
442,624
399,661
Other Income Or Grants
Cost Of Sales
744,547
799,689
706,736
835,259
1,302,995
1,042,783
953,250
654,447
675,563
534,905
387,560
210,124
132,953
291,232
260,930
Gross Profit
350,829
373,845
332,758
375,930
234,522
102,094
89,263
327,031
341,920
279,219
202,564
110,939
70,843
151,392
138,730
Admin Expenses
287,004
339,125
394,643
209,060
224,946
82,207
83,980
302,838
312,362
283,150
200,269
148,222
-85,254
204,190
132,228
Operating Profit
63,825
34,720
-61,885
166,870
9,576
19,887
5,283
24,193
29,558
-3,931
2,295
-37,283
156,097
-52,798
6,502
Interest Payable
3,820
2,516
64
50
Interest Receivable
17,946
12,990
2,703
300
1
88
123
126
84
33
38
45
22
Pre-Tax Profit
81,771
43,890
-61,697
167,169
9,576
19,887
5,284
24,218
29,630
-3,806
2,379
-37,250
156,135
-52,753
6,524
Tax
-20,443
-8,339
-31,762
200
266
429
-4,843
-5,926
-547
-40,595
-1,827
Profit After Tax
61,328
35,551
-61,697
135,407
9,776
20,153
5,713
19,374
23,704
-3,806
1,832
-37,250
115,540
-52,753
4,697
Dividends Paid
7,500
2,500
12,500
Retained Profit
61,328
35,551
-61,697
135,407
2,276
17,653
-6,787
19,374
23,704
-3,806
1,832
-37,250
115,540
-52,753
4,697
Employee Costs
178,778
174,094
168,140
155,996
122,222
64,667
65,293
61,474
147,417
118,403
86,142
57,074
27,766
86,983
85,671
Number Of Employees
5
5
5
5
4
2
2
2
5
4
3
2
1
3
3
EBITDA*
71,893
46,197
-46,665
167,658
10,627
21,288
7,152
26,683
30,326
-2,896
3,649
-35,478
156,488
-52,313
7,004
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
May 2010
Tangible Assets
25,389
33,457
44,934
2,364
3,152
4,203
5,604
7,473
2,163
2,931
3,966
5,320
833
1,224
1,709
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
25,389
33,457
44,934
2,364
3,152
4,203
5,604
7,473
2,163
2,931
3,966
5,320
833
1,224
1,709
Stock & work in progress
218,566
239,956
192,022
245,867
143,880
146,606
109,022
97,133
92,608
83,192
90,161
64,017
65,000
70,000
60,874
Trade Debtors
42,405
64,552
44,691
59,004
57,643
139,236
168,743
189,018
156,939
104,605
65,663
33,343
25,578
32,953
40,355
Group Debtors
Misc Debtors
5,803
2,400
2,400
2,400
7,445
3,966
Cash
384,791
298,849
312,425
408,454
190,654
46,372
19,160
45,030
25,405
23,752
26,446
7,188
5,863
9,275
8,726
misc current assets
total current assets
645,762
603,357
554,941
713,325
394,577
334,614
299,325
338,626
278,918
211,549
182,270
104,548
96,441
112,228
109,955
total assets
671,151
636,814
599,875
715,689
397,729
338,817
304,929
346,099
281,081
214,480
186,236
109,868
97,274
113,452
111,664
Bank overdraft
Bank loan
Trade Creditors
382,582
396,847
357,085
451,504
242,033
181,829
155,209
193,278
150,763
185,534
153,277
78,470
29,523
161,217
106,694
Group/Directors Accounts
73,243
73,243
other short term finances
16,315
486
1,551
hp & lease commitments
other current liabilities
9,516
70,516
73,884
84,004
6,159
3,028
total current liabilities
382,582
396,847
382,916
451,504
312,549
255,713
239,213
273,166
228,585
185,534
153,277
78,470
29,523
161,217
106,694
loans
58,219
hp & lease commitments
Accruals and Deferred Income
3,807
1,200
3,748
other liabilities
29,592
44,476
40,000
provisions
449
449
449
599
799
1,065
1,495
432
586
793
1,064
167
191
173
total long term liabilities
33,399
46,125
58,668
44,197
599
799
1,065
1,495
432
586
793
1,064
167
191
173
total liabilities
415,981
442,972
441,584
495,701
313,148
256,512
240,278
274,661
229,017
186,120
154,070
79,534
29,690
161,408
106,867
net assets
255,170
193,842
158,291
219,988
84,581
82,305
64,651
71,438
52,064
28,360
32,166
30,334
67,584
-47,956
4,797
total shareholders funds
255,170
193,842
158,291
219,988
84,581
82,305
64,651
71,438
52,064
28,360
32,166
30,334
67,584
-47,956
4,797
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
May 2010
Operating Activities
Operating Profit
63,825
34,720
-61,885
166,870
9,576
19,887
5,283
24,193
29,558
-3,931
2,295
-37,283
156,097
-52,798
6,502
Depreciation
8,068
11,477
15,220
788
1,051
1,401
1,869
2,490
768
1,035
1,354
1,805
391
485
502
Amortisation
Tax
-20,443
-8,339
-31,762
200
266
429
-4,843
-5,926
-547
-40,595
-1,827
Stock
-21,390
47,934
-53,845
101,987
-2,726
37,584
11,889
4,525
9,416
-6,969
26,144
-983
-5,000
9,126
60,874
Debtors
-22,147
14,058
-8,510
-1,039
-81,593
-29,507
-25,320
35,558
56,300
38,942
32,320
7,765
-7,375
-7,402
40,355
Creditors
-14,265
39,762
-94,419
209,471
60,204
26,620
-38,069
42,515
-34,771
32,257
74,807
48,947
-131,694
54,523
106,694
Accruals and Deferred Income
2,607
-8,316
5,768
-66,768
-3,368
-10,120
77,845
3,131
3,028
Deferred Taxes & Provisions
-449
-150
-200
-266
-430
1,063
-154
-207
-271
897
-24
18
173
Cash flow from operations
82,880
7,312
-72,961
177,501
151,782
29,711
60,358
28,466
-73,213
-2,819
19,174
7,584
-3,450
504
10,815
Investing Activities
capital expenditure
-57,790
-7,800
-6,292
-2,211
Change in Investments
cash flow from investments
-57,790
-7,800
-6,292
-2,211
Financing Activities
Bank loans
Group/Directors Accounts
-73,243
73,243
Other Short Term Loans
-16,315
16,315
-486
-1,065
1,551
Long term loans
-58,219
58,219
Hire Purchase and Lease Commitments
other long term liabilities
-14,884
44,476
-40,000
40,000
share issue
1
100
interest
17,946
9,170
187
300
1
24
73
126
84
33
38
45
22
cash flow from financing
3,062
-20,888
34,721
40,300
1
-73,728
-1,041
74,867
126
84
33
38
45
122
cash and cash equivalents
cash
85,942
-13,576
-96,029
217,800
144,282
27,212
-25,870
19,625
1,653
-2,694
19,258
1,325
-3,412
549
8,726
overdraft
change in cash
85,942
-13,576
-96,029
217,800
144,282
27,212
-25,870
19,625
1,653
-2,694
19,258
1,325
-3,412
549
8,726
central heating spares limited 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 central heating spares limited. Get real-time insights into central heating spares limited's credit score, group structure and payment trends.
Central Heating Spares Limited Competitor Analysis
Perform a competitor analysis for central heating spares 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 ST5 area or any other competitors across 12 key performance metrics.
central heating spares limited Ownership
CENTRAL HEATING SPARES LIMITED group structure
Central Heating Spares Limited has no subsidiary companies.
Ultimate parent company
CENTRAL HEATING SPARES LIMITED
04771471
CENTRAL HEATING SPARES LIMITED Shareholders
The largest shareholders in Central Heating Spares Limited include Steven Hancock and Ben Thompson.
steven hancock
60%
ben thompson
10%
tracey pugh
10%
andrew dumighan
10%
ian batt
10%
central heating spares limited directors
Central Heating Spares Limited currently has 4 directors.
The longest serving directors include
Mr Steven Hancock (Mar 2010) and
Mrs Tracey Meadowcroft (Apr 2012).
46740 - Wholesale of hardware, plumbing and heating equipment and supplies
47910 - Retail sale via mail order houses or via Internet
incorporation date
May 2003
age
22
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
SCOTT ACCOUNTING SERVICES LIMITED
auditor
-
address
unit 16 high carr network centre, millenium way high carr business, park newcastle under lyme, staffordshire, ST5 7XE
Bank
-
Legal Advisor
-
central heating spares 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 2 charges/mortgages relating to central heating spares limited. Currently there are 0 open charges and 2 have been satisfied in the past.
central heating spares 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 CENTRAL HEATING SPARES LIMITED. This can take several minutes, an email will notify you when this has completed.
central heating spares limitedCompanies House Filings - See Documents
