cheviot trustees limited
cheviot trustees limited Company Information
Company Number
05396879
Website
www.cheviottrust.comRegistered Address
kingswood house, 58 - 64, baxter avenue, southend-on-sea, SS2 6BG
Industry
Other business support service activities n.e.c.
Telephone
01702354024
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
-0%
cheviot trustees limited Estimated Valuation
Pomanda estimates the enterprise value of CHEVIOT TRUSTEES LIMITED at £1.7m based on a Turnover of £2.7m and 0.64x industry multiple (adjusted for size and gross margin).
cheviot trustees limited Estimated Valuation
Pomanda estimates the enterprise value of CHEVIOT TRUSTEES LIMITED at £585k based on an EBITDA of £114.8k and a 5.1x industry multiple (adjusted for size and gross margin).
cheviot trustees limited Estimated Valuation
Pomanda estimates the enterprise value of CHEVIOT TRUSTEES LIMITED at £296.2k based on Net Assets of £115.1k and 2.57x industry multiple (adjusted for liquidity).
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Cheviot Trustees Limited Overview
Cheviot Trustees Limited is a live company located in southend-on-sea, SS2 6BG with a Companies House number of 05396879. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in March 2005, it's largest shareholder is unknown. Cheviot Trustees Limited is a established, small sized company, Pomanda has estimated its turnover at £2.7m with healthy growth in recent years.
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Cheviot Trustees Limited Health Check
Pomanda's financial health check has awarded Cheviot Trustees Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £2.7m, make it smaller than the average company (£3.8m)
£2.7m - Cheviot Trustees Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (3%)
7% - Cheviot Trustees Limited
3% - Industry AVG
Production
with a gross margin of 38.7%, this company has a comparable cost of product (38.7%)
38.7% - Cheviot Trustees Limited
38.7% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (6.2%)
1.1% - Cheviot Trustees Limited
6.2% - Industry AVG
Employees
with 16 employees, this is below the industry average (25)
16 - Cheviot Trustees Limited
25 - Industry AVG
Pay Structure
on an average salary of £90.7k, the company has a higher pay structure (£50.6k)
£90.7k - Cheviot Trustees Limited
£50.6k - Industry AVG
Efficiency
resulting in sales per employee of £165.7k, this is equally as efficient (£157.8k)
£165.7k - Cheviot Trustees Limited
£157.8k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (44 days)
3 days - Cheviot Trustees Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is slower than average (33 days)
44 days - Cheviot Trustees Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Cheviot Trustees Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is less cash available to meet short term requirements (24 weeks)
18 weeks - Cheviot Trustees Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.5%, this is a higher level of debt than the average (63.7%)
77.5% - Cheviot Trustees Limited
63.7% - Industry AVG
CHEVIOT TRUSTEES LIMITED financials
Cheviot Trustees Limited's latest turnover from December 2022 is £2.7 million and the company has net assets of £115.1 thousand. According to their latest financial statements, Cheviot Trustees Limited has 16 employees and maintains cash reserves of £145 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 | 2,650,984 | 2,235,734 | 2,143,485 | 2,186,117 | 2,272,802 | 410,708 | ||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 28,984 | 19,501 | 14,287 | -12,559 | ||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Interest Receivable | 0 | 0 | 0 | 40,000 | 0 | 0 | ||||||||
| Pre-Tax Profit | 28,984 | 19,501 | 14,287 | 27,441 | 24,857 | 0 | ||||||||
| Tax | 0 | 0 | 0 | 4,723 | -4,723 | 0 | ||||||||
| Profit After Tax | 28,984 | 19,501 | 14,287 | 32,164 | 20,134 | 0 | ||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Retained Profit | 28,984 | 19,501 | 14,287 | 32,164 | 20,134 | 0 | ||||||||
| Employee Costs | 1,451,577 | 1,426,567 | 1,407,236 | 1,289,129 | 1,377,720 | 248,659 | ||||||||
| Number Of Employees | 16 | 17 | 18 | 19 | 19 | |||||||||
| EBITDA* | 114,756 | 93,126 | 69,509 | 17,442 |
* 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 | 212,553 | 257,465 | 219,515 | 171,000 | 77,782 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 100 | 100 | 100 | 100 | 100 | 100 | 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 | 212,653 | 257,565 | 219,615 | 171,100 | 77,882 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 26,591 | 0 | 1,712 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 35,549 | 34,522 | 45,699 | 121,869 | 175,909 | 29,341 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 92,523 | 236,052 | 249,801 | 212,638 | 104,477 | 184,255 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 144,952 | 189,347 | 227,657 | 72,684 | 57,555 | 30,345 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 299,615 | 459,921 | 524,869 | 407,191 | 337,941 | 243,941 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 512,268 | 717,486 | 744,484 | 578,291 | 415,823 | 244,041 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 198,892 | 155,443 | 231,261 | 172,955 | 296,608 | 70,192 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 29,059 | 220,452 | 288,745 | 257,866 | 25,658 | 44,668 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 169,247 | 255,505 | 157,893 | 95,172 | 99,081 | 129,181 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 397,198 | 631,400 | 677,899 | 525,993 | 421,347 | 244,041 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 397,198 | 631,400 | 677,899 | 525,993 | 421,347 | 244,041 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 115,070 | 86,086 | 66,585 | 52,298 | -5,524 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | 115,070 | 86,086 | 66,585 | 52,298 | 20,134 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 28,984 | 19,501 | 14,287 | -12,559 | ||||||||||
| Depreciation | 85,772 | 73,625 | 55,222 | 30,001 | 617 | 0 | ||||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Tax | 0 | 0 | 0 | 4,723 | -4,723 | 0 | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -115,911 | -26,638 | -37,295 | 54,121 | 66,790 | 213,596 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 43,449 | -75,818 | 58,306 | -123,653 | 226,416 | 70,192 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -86,258 | 97,612 | 62,721 | -3,909 | -30,100 | 129,181 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 187,858 | 141,558 | 227,831 | -159,518 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 100 | 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 | -191,393 | -68,293 | 30,879 | 232,208 | -19,010 | 44,668 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 40,000 | 0 | 0 | ||||||||
| cash flow from financing | -191,393 | -68,293 | 30,879 | 272,208 | -19,010 | 44,668 | ||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -44,395 | -38,310 | 154,973 | 15,129 | 27,210 | 30,345 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -44,395 | -38,310 | 154,973 | 15,129 | 27,210 | 30,345 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cheviot trustees limited Credit Report and Business Information
Cheviot Trustees Limited Competitor Analysis
Perform a competitor analysis for cheviot trustees limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
cheviot trustees limited Ownership
CHEVIOT TRUSTEES LIMITED group structure
Cheviot Trustees Limited has no subsidiary companies.
Ultimate parent company
CHEVIOT TRUSTEES LIMITED
05396879
cheviot trustees limited directors
Cheviot Trustees Limited currently has 10 directors. The longest serving directors include Ms Elspeth McKinnon (Mar 2005) and Mr Ian Gault (Mar 2005).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Elspeth McKinnon | 61 years | Mar 2005 | - | Director | |
| Mr Ian Gault | 72 years | Mar 2005 | - | Director | |
| Mr Martin Poore | 57 years | Dec 2013 | - | Director | |
| Mr Gerald Kidd | England | 56 years | Jun 2014 | - | Director |
| Sir Derek Morris | 78 years | Apr 2017 | - | Director | |
| Mrs Maralyn Thomas | 75 years | May 2017 | - | Director | |
| Mr Giles Orton | 64 years | Sep 2018 | - | Director | |
| Mrs Diane Elliott-Smith | 59 years | Jan 2019 | - | Director | |
| Ms Frances Longmore | 60 years | Jan 2019 | - | Director | |
| Mr Stephen Jones | England | 63 years | Apr 2021 | - | Director |
P&L
December 2022turnover
2.7m
+19%
operating profit
29k
+49%
gross margin
38.8%
+3.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
115.1k
+0.34%
total assets
512.3k
-0.29%
cash
145k
-0.23%
net assets
Total assets minus all liabilities
Similar Companies
cheviot trustees limited company details
company number
05396879
Type
Private Ltd By Guarantee w/o Share Cap
industry
82990 - Other business support service activities n.e.c.
incorporation date
March 2005
age
19
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
kingswood house, 58 - 64, baxter avenue, southend-on-sea, SS2 6BG
last accounts submitted
December 2022
cheviot trustees 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 did not find charges/mortgages relating to cheviot trustees limited.
cheviot trustees limited Companies House Filings - See Documents
| date | description | view/download |
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