ceramex ltd
ceramex ltd Company Information
Company Number
05202141
Website
www.ceramex.comRegistered Address
the old court house, 24 market street, gainsborough, lincolnshire, DN21 2BE
Industry
Leasing of intellectual property and similar products, except copyrighted works
Repair and maintenance of other transport equipment
Telephone
01183247401
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
hexadex limited 100%
ceramex ltd Estimated Valuation
Pomanda estimates the enterprise value of CERAMEX LTD at £4.8m based on a Turnover of £7.5m and 0.64x industry multiple (adjusted for size and gross margin).
ceramex ltd Estimated Valuation
Pomanda estimates the enterprise value of CERAMEX LTD at £6.4m based on an EBITDA of £1.7m and a 3.82x industry multiple (adjusted for size and gross margin).
ceramex ltd Estimated Valuation
Pomanda estimates the enterprise value of CERAMEX LTD at £5.3m based on Net Assets of £4.3m and 1.22x industry multiple (adjusted for liquidity).
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Ceramex Ltd Overview
Ceramex Ltd is a live company located in gainsborough, DN21 2BE with a Companies House number of 05202141. It operates in the repair and maintenance of other transport equipment n.e.c. sector, SIC Code 33170. Founded in August 2004, it's largest shareholder is hexadex limited with a 100% stake. Ceramex Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £7.5m with high growth in recent years.
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Ceramex Ltd Health Check
Pomanda's financial health check has awarded Ceramex Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
5 Regular
2 Weak
Size
annual sales of £7.5m, make it larger than the average company (£4.3m)
£7.5m - Ceramex Ltd
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (6.8%)
- Ceramex Ltd
6.8% - Industry AVG
Production
with a gross margin of 50%, this company has a comparable cost of product (50%)
50% - Ceramex Ltd
50% - Industry AVG
Profitability
an operating margin of 7.7% make it as profitable than the average company (8.8%)
7.7% - Ceramex Ltd
8.8% - Industry AVG
Employees
with 64 employees, this is above the industry average (23)
64 - Ceramex Ltd
23 - Industry AVG
Pay Structure
on an average salary of £42.4k, the company has an equivalent pay structure (£49.3k)
£42.4k - Ceramex Ltd
£49.3k - Industry AVG
Efficiency
resulting in sales per employee of £117.7k, this is less efficient (£202.9k)
£117.7k - Ceramex Ltd
£202.9k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is near the average (42 days)
34 days - Ceramex Ltd
42 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (51 days)
29 days - Ceramex Ltd
51 days - Industry AVG
Stock Days
it holds stock equivalent to 35 days, this is in line with average (34 days)
35 days - Ceramex Ltd
34 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 71 weeks, this is more cash available to meet short term requirements (13 weeks)
71 weeks - Ceramex Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 30.2%, this is a lower level of debt than the average (63.7%)
30.2% - Ceramex Ltd
63.7% - Industry AVG
CERAMEX LTD financials
Ceramex Ltd's latest turnover from December 2023 is £7.5 million and the company has net assets of £4.3 million. According to their latest financial statements, Ceramex Ltd has 64 employees and maintains cash reserves of £2.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | 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 | 7,533,000 | 9,177,000 | |||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 579,000 | 1,358,000 | |||||||||||||
| Interest Payable | 0 | 0 | |||||||||||||
| Interest Receivable | 145,000 | 19,000 | |||||||||||||
| Pre-Tax Profit | 724,000 | 1,377,000 | |||||||||||||
| Tax | -32,000 | -117,000 | |||||||||||||
| Profit After Tax | 692,000 | 1,260,000 | |||||||||||||
| Dividends Paid | 3,000,000 | 0 | |||||||||||||
| Retained Profit | -2,308,000 | 1,260,000 | |||||||||||||
| Employee Costs | 2,711,000 | 2,963,000 | |||||||||||||
| Number Of Employees | 64 | 63 | 55 | 45 | 34 | 24 | 14 | 10 | 9 | ||||||
| EBITDA* | 1,672,000 | 2,482,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | 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 | 2,169,000 | 3,098,000 | 3,893,000 | 4,483,000 | 2,814,000 | 2,810,000 | 265,000 | 162,000 | 177,000 | 243,000 | 280,000 | 326,000 | 411,000 | 0 | 0 |
| Intangible Assets | 48,000 | 65,000 | 109,000 | 155,000 | 130,000 | 120,000 | 21,000 | 21,000 | 21,000 | 18,000 | 14,000 | 10,000 | 5,000 | 0 | 0 |
| Investments & Other | 139,000 | 139,000 | 139,000 | 139,000 | 139,000 | 139,000 | 139,000 | 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 | 0 |
| Total Fixed Assets | 2,356,000 | 3,302,000 | 4,141,000 | 4,777,000 | 3,083,000 | 3,069,000 | 425,000 | 183,000 | 198,000 | 261,000 | 294,000 | 336,000 | 416,000 | 0 | 0 |
| Stock & work in progress | 364,000 | 238,000 | 286,000 | 259,000 | 118,000 | 162,000 | 57,000 | 5,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 702,000 | 1,505,000 | 1,510,000 | 759,000 | 873,000 | 1,221,000 | 740,000 | 248,000 | 93,000 | 54,000 | 36,000 | 18,000 | 7,000 | 0 | 0 |
| Group Debtors | 201,000 | 70,000 | 142,000 | 137,000 | 186,000 | 75,000 | 577,000 | 47,000 | 46,000 | 157,000 | 33,000 | 56,000 | 199,000 | 0 | 0 |
| Misc Debtors | 491,000 | 726,000 | 674,000 | 496,000 | 479,000 | 624,000 | 128,000 | 472,000 | 167,000 | 286,000 | 88,000 | 84,000 | 14,000 | 0 | 0 |
| Cash | 2,112,000 | 2,876,000 | 594,000 | 0 | 489,000 | 0 | 0 | 0 | 0 | 0 | 75,000 | 62,000 | 14,000 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,870,000 | 5,415,000 | 3,206,000 | 1,651,000 | 2,145,000 | 2,082,000 | 1,502,000 | 772,000 | 306,000 | 497,000 | 232,000 | 220,000 | 234,000 | 0 | 0 |
| total assets | 6,226,000 | 8,717,000 | 7,347,000 | 6,428,000 | 5,228,000 | 5,151,000 | 1,927,000 | 955,000 | 504,000 | 758,000 | 526,000 | 556,000 | 650,000 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 710,000 | 0 | 565,000 | 632,000 | 800,000 | 561,000 | 339,000 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 306,000 | 336,000 | 365,000 | 380,000 | 186,000 | 775,000 | 131,000 | 30,000 | 8,000 | 61,000 | 10,000 | 2,000 | 25,000 | 0 | 0 |
| Group/Directors Accounts | 182,000 | 306,000 | 404,000 | 233,000 | 197,000 | 165,000 | 2,842,000 | 1,862,000 | 1,883,000 | 1,866,000 | 1,852,000 | 1,435,000 | 1,048,000 | 0 | 0 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 1,057,000 | 1,266,000 | 961,000 | 996,000 | 546,000 | 149,000 | 89,000 | 394,000 | 54,000 | 164,000 | 56,000 | 37,000 | 33,000 | 0 | 0 |
| total current liabilities | 1,545,000 | 1,908,000 | 1,730,000 | 2,319,000 | 929,000 | 1,654,000 | 3,694,000 | 3,086,000 | 2,506,000 | 2,430,000 | 1,918,000 | 1,474,000 | 1,106,000 | 0 | 0 |
| loans | 0 | 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 | 0 |
| Accruals and Deferred Income | 0 | 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 | 0 |
| provisions | 336,000 | 156,000 | 224,000 | 188,000 | 65,000 | 79,000 | 0 | 0 | 0 | 0 | 0 | 0 | 5,000 | 0 | 0 |
| total long term liabilities | 336,000 | 156,000 | 224,000 | 188,000 | 65,000 | 79,000 | 0 | 0 | 0 | 0 | 0 | 0 | 5,000 | 0 | 0 |
| total liabilities | 1,881,000 | 2,064,000 | 1,954,000 | 2,507,000 | 994,000 | 1,733,000 | 3,694,000 | 3,086,000 | 2,506,000 | 2,430,000 | 1,918,000 | 1,474,000 | 1,111,000 | 0 | 0 |
| net assets | 4,345,000 | 6,653,000 | 5,393,000 | 3,921,000 | 4,234,000 | 3,418,000 | -1,767,000 | -2,131,000 | -2,002,000 | -1,672,000 | -1,392,000 | -918,000 | -461,000 | 0 | 0 |
| total shareholders funds | 4,345,000 | 6,653,000 | 5,393,000 | 3,921,000 | 4,234,000 | 3,418,000 | -1,767,000 | -2,131,000 | -2,002,000 | -1,672,000 | -1,392,000 | -918,000 | -461,000 | 0 | 0 |
| Dec 2023 | 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 | 579,000 | 1,358,000 | |||||||||||||
| Depreciation | 1,067,000 | 1,070,000 | 1,036,000 | 982,000 | 704,000 | 151,000 | 64,000 | 84,000 | 122,000 | 107,000 | 106,000 | 101,000 | 78,000 | ||
| Amortisation | 26,000 | 54,000 | 53,000 | 74,000 | 0 | 12,000 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | -32,000 | -117,000 | |||||||||||||
| Stock | 126,000 | -48,000 | 27,000 | 141,000 | -44,000 | 105,000 | 52,000 | 5,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -907,000 | -25,000 | 934,000 | -146,000 | -382,000 | 475,000 | 678,000 | 461,000 | -191,000 | 340,000 | -1,000 | -62,000 | 220,000 | 0 | 0 |
| Creditors | -30,000 | -29,000 | -15,000 | 194,000 | -589,000 | 644,000 | 101,000 | 22,000 | -53,000 | 51,000 | 8,000 | -23,000 | 25,000 | 0 | 0 |
| Accruals and Deferred Income | -209,000 | 305,000 | -35,000 | 450,000 | 397,000 | 60,000 | -305,000 | 340,000 | -110,000 | 108,000 | 19,000 | 4,000 | 33,000 | 0 | 0 |
| Deferred Taxes & Provisions | 180,000 | -68,000 | 36,000 | 123,000 | -14,000 | 79,000 | 0 | 0 | 0 | 0 | 0 | -5,000 | 5,000 | 0 | 0 |
| Cash flow from operations | 2,362,000 | 2,646,000 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 139,000 | 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 | 0 |
| Group/Directors Accounts | -124,000 | -98,000 | 171,000 | 36,000 | 32,000 | -2,677,000 | 980,000 | -21,000 | 17,000 | 14,000 | 417,000 | 387,000 | 1,048,000 | 0 | 0 |
| Other Short Term Loans | 0 | 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 | 0 |
| Hire Purchase and Lease Commitments | 0 | 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 | 0 |
| share issue | |||||||||||||||
| interest | 145,000 | 19,000 | |||||||||||||
| cash flow from financing | 21,000 | -79,000 | |||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -764,000 | 2,282,000 | 594,000 | -489,000 | 489,000 | 0 | 0 | 0 | 0 | -75,000 | 13,000 | 48,000 | 14,000 | 0 | 0 |
| overdraft | 0 | 0 | -710,000 | 710,000 | -565,000 | -67,000 | -168,000 | 239,000 | 222,000 | 339,000 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -764,000 | 2,282,000 | 1,304,000 | -1,199,000 | 1,054,000 | 67,000 | 168,000 | -239,000 | -222,000 | -414,000 | 13,000 | 48,000 | 14,000 | 0 | 0 |
ceramex ltd Credit Report and Business Information
Ceramex Ltd Competitor Analysis
Perform a competitor analysis for ceramex ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in DN21 area or any other competitors across 12 key performance metrics.
ceramex ltd Ownership
CERAMEX LTD group structure
Ceramex Ltd has 2 subsidiary companies.
Ultimate parent company
1 parent
CERAMEX LTD
05202141
2 subsidiaries
ceramex ltd directors
Ceramex Ltd currently has 3 directors. The longest serving directors include Mr Barnaby Milles (Sep 2019) and Ms Saeeda Damani (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Barnaby Milles | 49 years | Sep 2019 | - | Director | |
| Ms Saeeda Damani | 42 years | Sep 2019 | - | Director | |
| Mr Alan Lyons | 53 years | Jan 2024 | - | Director |
P&L
December 2023turnover
7.5m
-18%
operating profit
579k
-57%
gross margin
50.1%
-1.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.3m
-0.35%
total assets
6.2m
-0.29%
cash
2.1m
-0.27%
net assets
Total assets minus all liabilities
Similar Companies
ceramex ltd company details
company number
05202141
Type
Private limited with Share Capital
industry
77400 - Leasing of intellectual property and similar products, except copyrighted works
33170 - Repair and maintenance of other transport equipment
45200 - Maintenance and repair of motor vehicles
incorporation date
August 2004
age
20
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
milles holdings limited (May 2010)
ever 2447 limited (September 2004)
last accounts submitted
December 2023
address
the old court house, 24 market street, gainsborough, lincolnshire, DN21 2BE
accountant
-
auditor
KPMG LLP
ceramex 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 ceramex ltd. Currently there are 2 open charges and 5 have been satisfied in the past.
ceramex ltd Companies House Filings - See Documents
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