cirrus laminations limited
cirrus laminations limited Company Information
Company Number
05541858
Website
http://lambsonbpl.comRegistered Address
hunt street, whitwood mere, castleford, west yorkshire, WF10 1NS
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
fractus holdings limited 100%
cirrus laminations limited Estimated Valuation
Pomanda estimates the enterprise value of CIRRUS LAMINATIONS LIMITED at £2m based on a Turnover of £636.9k and 3.21x industry multiple (adjusted for size and gross margin).
cirrus laminations limited Estimated Valuation
Pomanda estimates the enterprise value of CIRRUS LAMINATIONS LIMITED at £0 based on an EBITDA of £-390.3k and a 6.78x industry multiple (adjusted for size and gross margin).
cirrus laminations limited Estimated Valuation
Pomanda estimates the enterprise value of CIRRUS LAMINATIONS LIMITED at £3.1m based on Net Assets of £3.1m and 0.99x industry multiple (adjusted for liquidity).
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Cirrus Laminations Limited Overview
Cirrus Laminations Limited is a live company located in castleford, WF10 1NS with a Companies House number of 05541858. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2005, it's largest shareholder is fractus holdings limited with a 100% stake. Cirrus Laminations Limited is a established, small sized company, Pomanda has estimated its turnover at £636.9k with declining growth in recent years.
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Cirrus Laminations Limited Health Check
Pomanda's financial health check has awarded Cirrus Laminations Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
4 Weak
Size
annual sales of £636.9k, make it smaller than the average company (£862.8k)
- Cirrus Laminations Limited
£862.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -53%, show it is growing at a slower rate (1.3%)
- Cirrus Laminations Limited
1.3% - Industry AVG
Production
with a gross margin of 70.4%, this company has a comparable cost of product (70.4%)
- Cirrus Laminations Limited
70.4% - Industry AVG
Profitability
an operating margin of -61.3% make it less profitable than the average company (34.2%)
- Cirrus Laminations Limited
34.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Cirrus Laminations Limited
4 - Industry AVG
Pay Structure
on an average salary of £31k, the company has an equivalent pay structure (£31k)
- Cirrus Laminations Limited
£31k - Industry AVG
Efficiency
resulting in sales per employee of £212.3k, this is equally as efficient (£187.4k)
- Cirrus Laminations Limited
£187.4k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is near the average (34 days)
- Cirrus Laminations Limited
34 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Cirrus Laminations Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cirrus Laminations Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 37 weeks, this is more cash available to meet short term requirements (13 weeks)
37 weeks - Cirrus Laminations Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.8%, this is a lower level of debt than the average (69.9%)
36.8% - Cirrus Laminations Limited
69.9% - Industry AVG
CIRRUS LAMINATIONS LIMITED financials
Cirrus Laminations Limited's latest turnover from December 2022 is estimated at £636.9 thousand and the company has net assets of £3.1 million. According to their latest financial statements, Cirrus Laminations Limited has 3 employees and maintains cash reserves of £311.2 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 | 8,061,205 | 4,619,831 | 6,105,157 | 6,657,138 | ||||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 6,398,057 | 4,131,091 | 5,364,314 | 5,879,125 | ||||||||||
| Gross Profit | 1,663,148 | 488,740 | 740,843 | 778,013 | ||||||||||
| Admin Expenses | 826,242 | 253,610 | 534,802 | 431,101 | ||||||||||
| Operating Profit | 836,906 | 235,130 | 206,041 | 346,912 | ||||||||||
| Interest Payable | 49,684 | 55,279 | 80,777 | 100,961 | ||||||||||
| Interest Receivable | 0 | 0 | 0 | 0 | ||||||||||
| Pre-Tax Profit | 787,222 | 179,851 | 95,714 | -90,282 | ||||||||||
| Tax | -140,188 | -43,127 | -26,735 | -15 | ||||||||||
| Profit After Tax | 647,034 | 136,724 | 68,979 | -90,297 | ||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | ||||||||||
| Retained Profit | 647,034 | 136,724 | 68,979 | -90,297 | ||||||||||
| Employee Costs | 2,319,130 | 1,767,797 | 1,981,506 | 2,080,199 | ||||||||||
| Number Of Employees | 3 | 56 | 58 | 60 | 64 | 3 | 3 | |||||||
| EBITDA* | 1,012,030 | 411,331 | 381,338 | 516,985 |
* 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 | 0 | 3,564,115 | 3,576,309 | 3,633,072 | 3,745,347 | 2,939,904 | 2,824,572 | 1,829,058 | 1,360,435 | 1,178,424 | 1,194,204 | 1,209,984 | 1,225,764 | 1,241,544 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 4,600,000 | 0 | 0 | 0 | 0 | 403,312 | 403,312 | 403,312 | 403,312 | 403,312 | 403,312 | 403,312 | 403,312 | 403,312 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,600,000 | 3,564,115 | 3,576,309 | 3,633,072 | 3,745,347 | 3,343,216 | 3,227,884 | 2,232,370 | 1,763,747 | 1,581,736 | 1,597,516 | 1,613,296 | 1,629,076 | 1,644,856 |
| Stock & work in progress | 0 | 990,239 | 1,118,419 | 1,219,739 | 1,459,192 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 64,974 | 2,131,276 | 1,365,028 | 1,350,873 | 1,729,423 | 67,148 | 41,599 | 0 | 151,407 | 77,513 | 19,611 | 0 | 65,611 | 0 |
| Group Debtors | 0 | 7,439 | 8,372 | 9,000 | 24,550 | 50,375 | 235,446 | 166,954 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 186,710 | 172,084 | 436,024 | 190,367 | 0 | 28,922 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 311,244 | 255,118 | 223,498 | 200,542 | 95,665 | 61,662 | 370 | 39,414 | 66,319 | 52,887 | 15,291 | 58,126 | 129,737 | 20,140 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 376,218 | 3,570,782 | 2,887,401 | 3,216,178 | 3,499,197 | 179,185 | 306,337 | 246,368 | 217,726 | 130,400 | 34,902 | 58,126 | 195,348 | 20,140 |
| total assets | 4,976,218 | 7,134,897 | 6,463,710 | 6,849,250 | 7,244,544 | 3,522,401 | 3,534,221 | 2,478,738 | 1,981,473 | 1,712,136 | 1,632,418 | 1,671,422 | 1,824,424 | 1,664,996 |
| Bank overdraft | 129,776 | 0 | 0 | 0 | 0 | 120,761 | 90,768 | 67,700 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 131,921 | 123,421 | 123,421 | 140,647 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 1,118,142 | 1,781,642 | 2,279,031 | 2,536,754 | 0 | 0 | 11,169 | 243,878 | 252,686 | 256,895 | 328,247 | 532,417 | 455,134 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 1,295,026 | 918,649 | 1,085,564 | 1,197,822 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 29,309 | 58,617 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 298,271 | 914,890 | 501,424 | 302,676 | 409,089 | 187,347 | 108,550 | 140,298 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 428,047 | 3,459,979 | 3,325,136 | 3,820,001 | 4,342,929 | 308,108 | 199,318 | 219,167 | 243,878 | 252,686 | 256,895 | 328,247 | 532,417 | 455,134 |
| loans | 968,173 | 1,092,721 | 1,196,156 | 1,226,580 | 1,152,673 | 929,519 | 1,054,796 | 346,109 | 480,000 | 480,000 | 534,567 | 609,720 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 29,309 | 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 | 480,000 | 480,000 | 480,000 | 413,912 | 275,865 | 292,570 | 287,492 | 975,332 | 1,044,188 |
| provisions | 433,344 | 204,577 | 211,832 | 208,807 | 194,750 | 89,822 | 102,507 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,401,517 | 1,297,298 | 1,407,988 | 1,435,387 | 1,376,732 | 1,499,341 | 1,637,303 | 826,109 | 893,912 | 755,865 | 827,137 | 897,212 | 975,332 | 1,044,188 |
| total liabilities | 1,829,564 | 4,757,277 | 4,733,124 | 5,255,388 | 5,719,661 | 1,807,449 | 1,836,621 | 1,045,276 | 1,137,790 | 1,008,551 | 1,084,032 | 1,225,459 | 1,507,749 | 1,499,322 |
| net assets | 3,146,654 | 2,377,620 | 1,730,586 | 1,593,862 | 1,524,883 | 1,714,952 | 1,697,600 | 1,433,462 | 843,683 | 703,585 | 548,386 | 445,963 | 316,675 | 165,674 |
| total shareholders funds | 3,146,654 | 2,377,620 | 1,730,586 | 1,593,862 | 1,524,883 | 1,714,952 | 1,697,600 | 1,433,462 | 843,683 | 703,585 | 548,386 | 445,963 | 316,675 | 165,674 |
| 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 | 836,906 | 235,130 | 206,041 | 346,912 | ||||||||||
| Depreciation | 0 | 175,124 | 176,201 | 175,297 | 170,073 | 32,600 | 22,492 | 16,700 | 15,780 | 15,780 | 15,780 | 15,780 | 15,780 | 15,780 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -140,188 | -43,127 | -26,735 | -15 | ||||||||||
| Stock | -990,239 | -128,180 | -101,320 | -239,453 | 1,459,192 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -2,260,451 | 779,941 | -250,413 | -148,443 | 1,826,817 | -188,444 | 99,013 | 55,547 | 73,894 | 57,902 | 19,611 | -65,611 | 65,611 | 0 |
| Creditors | -1,118,142 | -663,500 | -497,389 | -257,723 | 2,536,754 | 0 | -11,169 | -232,709 | -8,808 | -4,209 | -71,352 | -204,170 | 77,283 | 455,134 |
| Accruals and Deferred Income | -616,619 | 413,466 | 198,748 | -106,413 | 221,742 | 78,797 | -31,748 | 140,298 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 228,767 | -7,255 | 3,025 | 14,057 | 104,928 | -12,685 | 102,507 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -37,208 | 424,321 | 392,420 | 94,385 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | -242,545 | ||||||||||
| Change in Investments | 4,600,000 | 0 | 0 | 0 | -403,312 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 403,312 |
| cash flow from investments | 0 | 0 | 0 | 160,767 | ||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -131,921 | 8,500 | 0 | -17,226 | 140,647 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -1,295,026 | 376,377 | -166,915 | -112,258 | 1,197,822 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -124,548 | -103,435 | -30,424 | 73,907 | 223,154 | -125,277 | 708,687 | -133,891 | 0 | -54,567 | -75,153 | 609,720 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | -29,309 | -58,617 | 87,926 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -480,000 | 0 | 0 | 66,088 | 138,047 | -16,705 | 5,078 | -687,840 | -68,856 | 1,044,188 |
| share issue | ||||||||||||||
| interest | -49,684 | -55,279 | -80,777 | -100,961 | ||||||||||
| cash flow from financing | 231,758 | -281,927 | -194,971 | 968,816 | ||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 56,126 | 31,620 | 22,956 | 104,877 | 34,003 | 61,292 | -39,044 | -26,905 | 13,432 | 37,596 | -42,835 | -71,611 | 109,597 | 20,140 |
| overdraft | 129,776 | 0 | 0 | 0 | -120,761 | 29,993 | 23,068 | 67,700 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -73,650 | 31,620 | 22,956 | 104,877 | 154,764 | 31,299 | -62,112 | -94,605 | 13,432 | 37,596 | -42,835 | -71,611 | 109,597 | 20,140 |
cirrus laminations limited Credit Report and Business Information
Cirrus Laminations Limited Competitor Analysis
Perform a competitor analysis for cirrus laminations limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in WF10 area or any other competitors across 12 key performance metrics.
cirrus laminations limited Ownership
CIRRUS LAMINATIONS LIMITED group structure
Cirrus Laminations Limited has no subsidiary companies.
Ultimate parent company
CIRRUS LAMINATIONS LIMITED
05541858
cirrus laminations limited directors
Cirrus Laminations Limited currently has 2 directors. The longest serving directors include Mr Michael Lundy (Oct 2005) and Mr Glenn Monkman (Oct 2005).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Lundy | 72 years | Oct 2005 | - | Director | |
| Mr Glenn Monkman | 67 years | Oct 2005 | - | Director |
P&L
December 2022turnover
636.9k
-92%
operating profit
-390.3k
0%
gross margin
70.5%
+241.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
3.1m
+0.32%
total assets
5m
-0.3%
cash
311.2k
+0.22%
net assets
Total assets minus all liabilities
Similar Companies
cirrus laminations limited company details
company number
05541858
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
August 2005
age
19
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
fleetness 430 limited (October 2005)
last accounts submitted
December 2022
address
hunt street, whitwood mere, castleford, west yorkshire, WF10 1NS
accountant
ALLEN ACCOUNTANTS LIMITED
auditor
-
cirrus laminations 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 4 charges/mortgages relating to cirrus laminations limited. Currently there are 4 open charges and 0 have been satisfied in the past.
cirrus laminations limited Companies House Filings - See Documents
| date | description | view/download |
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