charing way limited
charing way limited Company Information
Company Number
04940445
Website
-Registered Address
368 forest road, london, E17 5JF
Industry
Other human health activities
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
eleiko (uk) limited 100%
charing way limited Estimated Valuation
Pomanda estimates the enterprise value of CHARING WAY LIMITED at £365.7k based on a Turnover of £934k and 0.39x industry multiple (adjusted for size and gross margin).
charing way limited Estimated Valuation
Pomanda estimates the enterprise value of CHARING WAY LIMITED at £738.6k based on an EBITDA of £205.3k and a 3.6x industry multiple (adjusted for size and gross margin).
charing way limited Estimated Valuation
Pomanda estimates the enterprise value of CHARING WAY LIMITED at £2.8m based on Net Assets of £1.2m and 2.32x industry multiple (adjusted for liquidity).
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Charing Way Limited Overview
Charing Way Limited is a live company located in london, E17 5JF with a Companies House number of 04940445. It operates in the other human health activities sector, SIC Code 86900. Founded in October 2003, it's largest shareholder is eleiko (uk) limited with a 100% stake. Charing Way Limited is a mature, small sized company, Pomanda has estimated its turnover at £934k with healthy growth in recent years.
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Charing Way Limited Health Check
Pomanda's financial health check has awarded Charing Way Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
5 Regular
3 Weak
Size
annual sales of £934k, make it in line with the average company (£841.8k)
- Charing Way Limited
£841.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (4.7%)
- Charing Way Limited
4.7% - Industry AVG
Production
with a gross margin of 34.7%, this company has a comparable cost of product (34.7%)
- Charing Way Limited
34.7% - Industry AVG
Profitability
an operating margin of 12.9% make it more profitable than the average company (7.3%)
- Charing Way Limited
7.3% - Industry AVG
Employees
with 31 employees, this is above the industry average (20)
31 - Charing Way Limited
20 - Industry AVG
Pay Structure
on an average salary of £24.6k, the company has an equivalent pay structure (£24.6k)
- Charing Way Limited
£24.6k - Industry AVG
Efficiency
resulting in sales per employee of £30.1k, this is less efficient (£48k)
- Charing Way Limited
£48k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (24 days)
- Charing Way Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is close to average (16 days)
- Charing Way Limited
16 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Charing Way Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is less cash available to meet short term requirements (109 weeks)
15 weeks - Charing Way Limited
109 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.2%, this is a higher level of debt than the average (26.1%)
45.2% - Charing Way Limited
26.1% - Industry AVG
CHARING WAY LIMITED financials
Charing Way Limited's latest turnover from December 2022 is estimated at £934 thousand and the company has net assets of £1.2 million. According to their latest financial statements, Charing Way Limited has 31 employees and maintains cash reserves of £284 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 742,457 | 772,538 | 641,434 | 569,437 | 665,440 | 520,411 | 521,474 | 408,568 | 409,216 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 534,786 | 521,385 | 484,696 | 498,731 | 402,867 | 395,396 | 344,677 | 307,137 | 381,091 | |||||
| Gross Profit | 207,671 | 251,153 | 156,738 | 70,706 | 262,573 | 125,015 | 176,797 | 101,431 | 28,125 | |||||
| Admin Expenses | 151,804 | 125,533 | 152,648 | 150,846 | 132,874 | 143,664 | 208,184 | |||||||
| Operating Profit | 99,349 | 31,205 | -81,942 | -25,831 | 43,923 | -42,233 | -180,059 | |||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 75 | |||||
| Pre-Tax Profit | 29,082 | 98,123 | 30,288 | -81,942 | 131,423 | -25,831 | 1,575,287 | -42,233 | -179,984 | |||||
| Tax | -8,756 | -24,227 | -10,256 | 0 | 0 | 0 | 0 | 0 | 4,165 | |||||
| Profit After Tax | 20,326 | 73,896 | 20,032 | -81,942 | 131,423 | -25,831 | 1,575,287 | -42,233 | -175,819 | |||||
| Dividends Paid | 75,000 | 62,000 | 65,100 | 76,600 | 63,000 | 0 | 0 | 0 | 0 | |||||
| Retained Profit | -54,674 | 11,896 | -45,068 | -158,542 | 68,423 | -25,831 | 1,575,287 | -42,233 | -175,819 | |||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 31 | 27 | 38 | 37 | ||||||||||
| EBITDA* | 148,618 | 83,102 | -27,505 | 36,873 | 104,128 | 24,495 | -104,431 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 1,837,928 | 1,858,883 | 1,733,979 | 1,423,682 | 1,240,954 | 1,032,900 | 952,729 | 980,937 | 1,011,717 | 1,045,507 | 1,079,454 | 1,028,465 | 1,050,598 | 1,098,568 |
| Intangible Assets | 34,500 | 51,750 | 69,000 | 86,250 | 103,500 | 120,750 | 138,000 | 155,250 | 172,500 | 189,750 | 207,000 | 224,250 | 241,500 | 258,750 |
| Investments & Other | 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 |
| Total Fixed Assets | 1,872,428 | 1,910,633 | 1,802,979 | 1,509,932 | 1,344,454 | 1,153,650 | 1,090,729 | 1,136,187 | 1,184,217 | 1,235,257 | 1,286,454 | 1,252,715 | 1,292,098 | 1,357,318 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 24,863 | 21,364 | 4,770 | 2,339 | 22,004 | 15,814 | 45,826 | 6,580 | 18,392 | 54,073 | 4,436 | 4,820 | 11,661 | 2,816 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23,045 | 23,045 |
| Misc Debtors | 2,858 | 476 | 567 | 2,112 | 2,172 | 3,116 | 2,296 | 2,013 | 1,872 | 1,881 | 1,837 | 4,843 | 4,010 | 5,483 |
| Cash | 284,003 | 80,142 | 47,432 | 44,236 | 19,580 | 32,163 | 112,884 | 61,629 | 45,627 | 111,527 | 32,865 | 73,055 | 500 | 500 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 311,724 | 101,982 | 52,769 | 48,687 | 43,756 | 51,093 | 161,006 | 70,222 | 65,891 | 167,481 | 39,138 | 82,718 | 39,216 | 31,844 |
| total assets | 2,184,152 | 2,012,615 | 1,855,748 | 1,558,619 | 1,388,210 | 1,204,743 | 1,251,735 | 1,206,409 | 1,250,108 | 1,402,738 | 1,325,592 | 1,335,433 | 1,331,314 | 1,389,162 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 401,591 | 268,212 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 28,224 | 19,704 | 28,629 | 8,931 | 21,509 | 22,533 | 9,252 | 6,693 | 9,539 | 8,232 | 6,223 | 9,476 | 6,010 | 5,974 |
| Group/Directors Accounts | 766,409 | 766,409 | 691,409 | 411,409 | 181,409 | 0 | 0 | 0 | 0 | 0 | 1,514 | 0 | 1,176,698 | 1,327,202 |
| other short term finances | 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 |
| other current liabilities | 165,830 | 128,066 | 101,842 | 89,042 | 89,940 | 74,893 | 80,492 | 49,621 | 45,406 | 40,801 | 32,573 | 14,844 | 11,189 | 9,715 |
| total current liabilities | 960,463 | 914,179 | 821,880 | 509,382 | 292,858 | 97,426 | 89,744 | 56,314 | 54,945 | 49,033 | 40,310 | 24,320 | 1,595,488 | 1,611,103 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 27,125 | 4,297 | 2,318 | 2,795 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 27,125 | 4,297 | 2,318 | 2,795 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 987,588 | 918,476 | 824,198 | 512,177 | 292,858 | 97,426 | 89,744 | 56,314 | 54,945 | 49,033 | 40,310 | 24,320 | 1,595,488 | 1,611,103 |
| net assets | 1,196,564 | 1,094,139 | 1,031,550 | 1,046,442 | 1,095,352 | 1,107,317 | 1,161,991 | 1,150,095 | 1,195,163 | 1,353,705 | 1,285,282 | 1,311,113 | -264,174 | -221,941 |
| total shareholders funds | 1,196,564 | 1,094,139 | 1,031,550 | 1,046,442 | 1,095,352 | 1,107,317 | 1,161,991 | 1,150,095 | 1,195,163 | 1,353,705 | 1,285,282 | 1,311,113 | -264,174 | -221,941 |
| 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 | 99,349 | 31,205 | -81,942 | -25,831 | 43,923 | -42,233 | -180,059 | |||||||
| Depreciation | 67,961 | 66,822 | 61,813 | 51,877 | 32,861 | 35,310 | 32,019 | 34,647 | 37,187 | 40,731 | 45,454 | 42,955 | 49,478 | 58,378 |
| Amortisation | 17,250 | 17,250 | 17,250 | 17,250 | 17,250 | 17,250 | 17,250 | 17,250 | 17,250 | 17,250 | 17,250 | 17,250 | 17,250 | 17,250 |
| Tax | -8,756 | -24,227 | -10,256 | 0 | 0 | 0 | 0 | 0 | 4,165 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 5,881 | 16,503 | 886 | -19,725 | 5,246 | -29,192 | 39,529 | -11,671 | -35,690 | 49,681 | -3,390 | -29,053 | 7,372 | 31,344 |
| Creditors | 8,520 | -8,925 | 19,698 | -12,578 | -1,024 | 13,281 | 2,559 | -2,846 | 1,307 | 2,009 | -3,253 | 3,466 | 36 | 5,974 |
| Accruals and Deferred Income | 37,764 | 26,224 | 12,800 | -898 | 15,047 | -5,599 | 30,871 | 4,215 | 4,605 | 8,228 | 17,729 | 3,655 | 1,474 | 9,715 |
| Deferred Taxes & Provisions | 22,828 | 1,979 | -477 | 2,795 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 118,292 | 85,886 | 14,097 | 54,739 | 140,302 | 18,633 | -115,921 | |||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 75,000 | 280,000 | 230,000 | 181,409 | 0 | 0 | 0 | 0 | -1,514 | 1,514 | -1,176,698 | -150,504 | 1,327,202 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 75 | ||||||
| cash flow from financing | 0 | 0 | 0 | 0 | -1,514 | 1,514 | -1,176,698 | 1,281,155 | ||||||
| cash and cash equivalents | ||||||||||||||
| cash | 203,861 | 32,710 | 3,196 | 24,656 | -12,583 | -80,721 | 51,255 | 16,002 | -65,900 | 78,662 | -40,190 | 72,555 | 0 | 500 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -401,591 | 133,379 | 268,212 |
| change in cash | 203,861 | 32,710 | 3,196 | 24,656 | -12,583 | -80,721 | 51,255 | 16,002 | -65,900 | 78,662 | -40,190 | 474,146 | -133,379 | -267,712 |
charing way limited Credit Report and Business Information
Charing Way Limited Competitor Analysis
Perform a competitor analysis for charing way limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
charing way limited Ownership
CHARING WAY LIMITED group structure
Charing Way Limited has no subsidiary companies.
Ultimate parent company
2 parents
CHARING WAY LIMITED
04940445
charing way limited directors
Charing Way Limited currently has 2 directors. The longest serving directors include Mr Cemal Osman (Oct 2003) and Mr Yusuf Osman (Sep 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Cemal Osman | 61 years | Oct 2003 | - | Director | |
| Mr Yusuf Osman | United Kingdom | 45 years | Sep 2017 | - | Director |
P&L
December 2022turnover
934k
+21%
operating profit
120.1k
0%
gross margin
34.8%
+8.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.2m
+0.09%
total assets
2.2m
+0.09%
cash
284k
+2.54%
net assets
Total assets minus all liabilities
Similar Companies
charing way limited company details
company number
04940445
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
October 2003
age
21
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
368 forest road, london, E17 5JF
last accounts submitted
December 2022
charing way 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 5 charges/mortgages relating to charing way limited. Currently there are 2 open charges and 3 have been satisfied in the past.
charing way limited Companies House Filings - See Documents
| date | description | view/download |
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