choice storage limited

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choice storage limited Company Information

Share CHOICE STORAGE LIMITED

Company Number

05121556

Shareholders

holly juliet berkeley mason

sharon brittan

Group Structure

View All

Industry

Other business support service activities n.e.c.

 

Registered Address

c/o ymu business management limi, 180 great portland street, london, W1W 5QZ

choice storage limited Estimated Valuation

£93.2k

Pomanda estimates the enterprise value of CHOICE STORAGE LIMITED at £93.2k based on a Turnover of £167.7k and 0.56x industry multiple (adjusted for size and gross margin).

choice storage limited Estimated Valuation

£90.4k

Pomanda estimates the enterprise value of CHOICE STORAGE LIMITED at £90.4k based on an EBITDA of £22.6k and a 4x industry multiple (adjusted for size and gross margin).

choice storage limited Estimated Valuation

£463

Pomanda estimates the enterprise value of CHOICE STORAGE LIMITED at £463 based on Net Assets of £202 and 2.3x industry multiple (adjusted for liquidity).

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Choice Storage Limited Overview

Choice Storage Limited is a live company located in london, W1W 5QZ with a Companies House number of 05121556. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 2004, it's largest shareholder is holly juliet berkeley mason with a 50% stake. Choice Storage Limited is a mature, micro sized company, Pomanda has estimated its turnover at £167.7k with healthy growth in recent years.

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Choice Storage Limited Health Check

Pomanda's financial health check has awarded Choice Storage Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

6 Weak

size

Size

annual sales of £167.7k, make it smaller than the average company (£3.9m)

£167.7k - Choice Storage Limited

£3.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (5.3%)

4% - Choice Storage Limited

5.3% - Industry AVG

production

Production

with a gross margin of 37.8%, this company has a comparable cost of product (37.8%)

37.8% - Choice Storage Limited

37.8% - Industry AVG

profitability

Profitability

an operating margin of 9.9% make it more profitable than the average company (6%)

9.9% - Choice Storage Limited

6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (24)

2 - Choice Storage Limited

24 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.6k, the company has an equivalent pay structure (£48.6k)

£48.6k - Choice Storage Limited

£48.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £83.9k, this is less efficient (£154.8k)

£83.9k - Choice Storage Limited

£154.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 43 days, this is near the average (41 days)

43 days - Choice Storage Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (33 days)

0 days - Choice Storage Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Choice Storage Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 23 weeks, this is average cash available to meet short term requirements (24 weeks)

23 weeks - Choice Storage Limited

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (61.5%)

99.9% - Choice Storage Limited

61.5% - Industry AVG

CHOICE STORAGE LIMITED financials

EXPORTms excel logo

Choice Storage Limited's latest turnover from September 2023 is estimated at £167.7 thousand and the company has net assets of £202. According to their latest financial statements, Choice Storage Limited has 2 employees and maintains cash reserves of £20.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover167,723162,84597,141149,064131,245189,783141,785135,219155,58874,931135,145227,183267,263341,4210
Other Income Or Grants000000000000000
Cost Of Sales104,319100,99161,28993,23082,373118,92987,62183,93698,59448,18787,101142,538163,867204,5370
Gross Profit63,40461,85435,85255,83448,87270,85454,16451,28356,99526,74448,04484,645103,396136,8850
Admin Expenses46,75748,03541,32265,01930,50155,95037,67144,60554,91419,88350,19659,44982,614122,659-64,774
Operating Profit16,64713,819-5,470-9,18518,37114,90416,4936,6782,0816,861-2,15225,19620,78214,22664,774
Interest Payable19,79214,77311,05710,60611,19611,81811,51811,51811,97911,97911,97911,97912,30412,6296,314
Interest Receivable1,16442525361741627966143139133145895627
Pre-Tax Profit-1,981-529-16,502-19,7557,3493,2485,054-4,774-9,755-4,979-13,99813,3628,5681,65358,486
Tax0000-1,396-617-9600000-3,207-2,228-463-16,376
Profit After Tax-1,981-529-16,502-19,7555,9532,6314,094-4,774-9,755-4,979-13,99810,1556,3401,19042,110
Dividends Paid000000000000000
Retained Profit-1,981-529-16,502-19,7555,9532,6314,094-4,774-9,755-4,979-13,99810,1556,3401,19042,110
Employee Costs97,18791,69486,21183,86183,09778,59375,82776,05175,42837,62837,00973,493108,758106,1670
Number Of Employees222222222112330
EBITDA*22,59219,879561-3,15424,24620,37921,79311,9787,38112,1613,14830,49626,08219,52670,074

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets165,663171,608177,225183,256189,287193,004196,983202,283207,583212,883218,183223,483228,783234,083239,383
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets165,663171,608177,225183,256189,287193,004196,983202,283207,583212,883218,183223,483228,783234,083239,383
Stock & work in progress000000000000000
Trade Debtors19,94321,7804,88316,76113,68431,94918,33011,56615,1781,04714,45525,17729,23644,82427,330
Group Debtors000000000000000
Misc Debtors11,0359,87516,2931,23022321179720000000
Cash20,30924,04913,69536,73734,52011,91331,20931,95421,22536,05519,41033,81623,98511,76410,603
misc current assets000000000000000
total current assets51,28755,70434,87154,72848,42744,07349,61843,59236,40337,10233,86558,99353,22156,58837,933
total assets216,950227,312212,096237,984237,714237,077246,601245,875243,986249,985252,048282,476282,004290,671277,316
Bank overdraft00000000000010,00010,0000
Bank loan3,3273,2013,1721,06700000000000
Trade Creditors 881,1011,0732,8025472201,0316,82828,63124,87521,95938,38948,07253,07940,914
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities42,26746,56427,64834,10732,33737,98030,89528,4660000000
total current liabilities45,68250,86631,89337,97632,88438,20031,92635,29428,63124,87521,95938,38958,07263,07940,914
loans171,066174,263177,491180,794165,861165,861184,290184,290184,290184,290184,290184,290174,290184,290194,290
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities171,066174,263177,491180,794165,861165,861184,290184,290184,290184,290184,290184,290174,290184,290194,290
total liabilities216,748225,129209,384218,770198,745204,061216,216219,584212,921209,165206,249222,679232,362247,369235,204
net assets2022,1832,71219,21438,96933,01630,38526,29131,06540,82045,79959,79749,64243,30242,112
total shareholders funds2022,1832,71219,21438,96933,01630,38526,29131,06540,82045,79959,79749,64243,30242,112
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit16,64713,819-5,470-9,18518,37114,90416,4936,6782,0816,861-2,15225,19620,78214,22664,774
Depreciation5,9456,0606,0316,0315,8755,4755,3005,3005,3005,3005,3005,3005,3005,3005,300
Amortisation000000000000000
Tax0000-1,396-617-9600000-3,207-2,228-463-16,376
Stock000000000000000
Debtors-67710,4793,1854,084-18,25313,7516,771-3,54014,131-13,408-10,722-4,059-15,58817,49427,330
Creditors-1,01328-1,7292,255327-811-5,797-21,8033,7562,916-16,430-9,683-5,00712,16540,914
Accruals and Deferred Income-4,29718,916-6,4591,770-5,6437,0852,42928,4660000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations17,95928,344-10,812-3,21335,78712,28510,69422,181-2,99428,485-2,56021,66534,43513,73467,282
Investing Activities
capital expenditure0-44300-2,158-1,49600000000-244,683
Change in Investments000000000000000
cash flow from investments0-44300-2,158-1,49600000000-244,683
Financing Activities
Bank loans126292,1051,06700000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans-3,197-3,228-3,30314,9330-18,4290000010,000-10,000-10,000194,290
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000000000002
interest-18,628-14,348-11,032-10,570-11,022-11,656-11,439-11,452-11,836-11,840-11,846-11,834-12,215-12,573-6,287
cash flow from financing-21,699-17,547-12,2305,430-11,022-30,085-11,439-11,452-11,836-11,840-11,846-1,834-22,215-22,573188,005
cash and cash equivalents
cash-3,74010,354-23,0422,21722,607-19,296-74510,729-14,83016,645-14,4069,83112,2211,16110,603
overdraft00000000000-10,000010,0000
change in cash-3,74010,354-23,0422,21722,607-19,296-74510,729-14,83016,645-14,40619,83112,221-8,83910,603

choice storage limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Choice Storage Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for choice storage limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in W1W area or any other competitors across 12 key performance metrics.

choice storage limited Ownership

CHOICE STORAGE LIMITED group structure

Choice Storage Limited has no subsidiary companies.

Ultimate parent company

CHOICE STORAGE LIMITED

05121556

CHOICE STORAGE LIMITED Shareholders

holly juliet berkeley mason 50%
sharon brittan 50%

choice storage limited directors

Choice Storage Limited currently has 2 directors. The longest serving directors include Ms Sharon Brittan (May 2004) and Ms Holly Mason (May 2004).

officercountryagestartendrole
Ms Sharon BrittanUnited Kingdom57 years May 2004- Director
Ms Holly MasonEngland49 years May 2004- Director

P&L

September 2023

turnover

167.7k

+3%

operating profit

16.6k

0%

gross margin

37.9%

-0.48%

turnover

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

Balance Sheet

September 2023

net assets

202

-0.91%

total assets

217k

-0.05%

cash

20.3k

-0.16%

net assets

Total assets minus all liabilities

choice storage limited company details

company number

05121556

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

May 2004

age

21

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

c/o ymu business management limi, 180 great portland street, london, W1W 5QZ

Bank

-

Legal Advisor

-

choice storage 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 choice storage limited. Currently there are 2 open charges and 0 have been satisfied in the past.

choice storage 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 CHOICE STORAGE LIMITED. This can take several minutes, an email will notify you when this has completed.

choice storage limited Companies House Filings - See Documents

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