city basements limited
city basements limited Company Information
Company Number
05960637
Website
www.citybasements.comRegistered Address
25 cecil road, wealdstone, harrow, greater london, HA3 5QY
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
02084247999
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
toureen group limited 100%
city basements limited Estimated Valuation
Pomanda estimates the enterprise value of CITY BASEMENTS LIMITED at £10.9k based on a Turnover of £70.5k and 0.15x industry multiple (adjusted for size and gross margin).
city basements limited Estimated Valuation
Pomanda estimates the enterprise value of CITY BASEMENTS LIMITED at £0 based on an EBITDA of £-5k and a 1.89x industry multiple (adjusted for size and gross margin).
city basements limited Estimated Valuation
Pomanda estimates the enterprise value of CITY BASEMENTS LIMITED at £243.7k based on Net Assets of £125.4k and 1.94x industry multiple (adjusted for liquidity).
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City Basements Limited Overview
City Basements Limited is a live company located in greater london, HA3 5QY with a Companies House number of 05960637. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in October 2006, it's largest shareholder is toureen group limited with a 100% stake. City Basements Limited is a established, micro sized company, Pomanda has estimated its turnover at £70.5k with declining growth in recent years.
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City Basements Limited Health Check
Pomanda's financial health check has awarded City Basements Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £70.5k, make it smaller than the average company (£6m)
- City Basements Limited
£6m - Industry AVG
Growth
3 year (CAGR) sales growth of -64%, show it is growing at a slower rate (7.7%)
- City Basements Limited
7.7% - Industry AVG
Production
with a gross margin of 0.1%, this company has a higher cost of product (23.8%)
- City Basements Limited
23.8% - Industry AVG
Profitability
an operating margin of -7.1% make it less profitable than the average company (5.5%)
- City Basements Limited
5.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (30)
3 - City Basements Limited
30 - Industry AVG
Pay Structure
on an average salary of £45.8k, the company has an equivalent pay structure (£45.8k)
- City Basements Limited
£45.8k - Industry AVG
Efficiency
resulting in sales per employee of £23.5k, this is less efficient (£186.2k)
- City Basements Limited
£186.2k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (58 days)
- City Basements Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (38 days)
- City Basements Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- City Basements Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3251 weeks, this is more cash available to meet short term requirements (18 weeks)
3251 weeks - City Basements Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.6%, this is a lower level of debt than the average (62%)
1.6% - City Basements Limited
62% - Industry AVG
city basements limited Credit Report and Business Information
City Basements Limited Competitor Analysis
Perform a competitor analysis for city basements limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
city basements limited Ownership
CITY BASEMENTS LIMITED group structure
City Basements Limited has no subsidiary companies.
Ultimate parent company
2 parents
CITY BASEMENTS LIMITED
05960637
city basements limited directors
City Basements Limited currently has 4 directors. The longest serving directors include Mr Denis Nolan (Oct 2006) and Mr Denis Nolan (Oct 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Denis Nolan | 62 years | Oct 2006 | - | Director | |
| Mr Denis Nolan | 62 years | Oct 2006 | - | Director | |
| Mr Mouwafak Kassir | 51 years | Aug 2008 | - | Director | |
| Mr Daniel Nolan | 53 years | Aug 2008 | - | Director |
CITY BASEMENTS LIMITED financials
City Basements Limited's latest turnover from July 2023 is estimated at £70.5 thousand and the company has net assets of £125.4 thousand. According to their latest financial statements, City Basements Limited has 3 employees and maintains cash reserves of £127 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 15,935,031 | 10,512,931 | |||||||||||||
| Other Income Or Grants | 0 | 0 | |||||||||||||
| Cost Of Sales | 12,836,434 | 9,613,306 | |||||||||||||
| Gross Profit | 60 | 860 | 19,680 | 31,653 | 211,767 | 835,532 | 2,977,201 | 3,098,597 | 1,212,827 | 899,625 | |||||
| Admin Expenses | 1,788,369 | 616,518 | |||||||||||||
| Operating Profit | 1,310,228 | 283,107 | |||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Interest Receivable | 18 | 0 | 100 | 3,635 | 1,914 | 2,259 | 2,481 | 0 | 13 | 0 | |||||
| Pre-Tax Profit | -1,502 | -1,281 | 15,583 | 33,185 | 168,927 | -114,007 | 537,756 | 1,310,228 | 359,763 | 283,107 | |||||
| Tax | 0 | 0 | -2,980 | -6,305 | -974 | 121,687 | -63,322 | -125,989 | -75,341 | -63,580 | |||||
| Profit After Tax | -1,502 | -1,281 | 12,603 | 26,880 | 167,953 | 7,680 | 474,434 | 1,184,239 | 284,422 | 219,527 | |||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Retained Profit | -1,502 | -1,281 | 12,603 | 26,880 | 167,953 | 7,680 | 474,434 | 1,184,239 | 284,422 | 219,527 | |||||
| Employee Costs | 163,403 | ||||||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 3 | 16 | 17 | 17 | 12 | ||||||
| EBITDA* | 1,310,228 | 283,107 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 |
| Investments & Other | 0 | 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 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 274,798 |
| Trade Debtors | 400 | 119,142 | 119,242 | 221,828 | 524,881 | 1,543,945 | 3,198,022 | 998,262 | 1,166,243 | 1,791,567 | 1,216,165 | 562,809 | 874,322 | 929,013 | 765,625 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,387,152 | 1,463,218 | 103,963 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,484 | 56,314 | 94,650 | 0 | 0 | 0 | 0 | 0 |
| Cash | 127,004 | 13,265 | 18,526 | 548,273 | 191,861 | 1,339,145 | 1,324,621 | 880,551 | 730,424 | 490,241 | 408,151 | 229,557 | 205,436 | 280,063 | 401,378 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 127,404 | 132,407 | 137,768 | 770,101 | 716,742 | 2,883,090 | 4,522,643 | 4,280,449 | 3,416,199 | 2,480,421 | 1,624,316 | 792,366 | 1,079,758 | 1,209,076 | 1,441,801 |
| total assets | 127,404 | 132,407 | 137,768 | 770,101 | 716,742 | 2,883,090 | 4,522,643 | 4,280,449 | 3,416,199 | 2,480,421 | 1,624,316 | 792,366 | 1,079,758 | 1,209,076 | 1,441,801 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 2,031 | 5,532 | 9,612 | 654,548 | 378,069 | 42,278 | 154,142 | 332,140 | 381,173 | 321,885 | 1,223,898 | 445,110 | 761,163 | 906,005 | 1,255,249 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 16,409 | 640,361 | 34,632 | 190,272 | 11,000 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 253,683 | 1,165,100 | 1,825,071 | 1,940,387 | 1,527,591 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,031 | 5,532 | 9,612 | 654,548 | 378,069 | 312,370 | 1,959,603 | 2,191,843 | 2,511,832 | 1,860,476 | 1,223,898 | 445,110 | 761,163 | 906,005 | 1,255,249 |
| 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 | 0 | 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 | 0 |
| total liabilities | 2,031 | 5,532 | 9,612 | 654,548 | 378,069 | 312,370 | 1,959,603 | 2,191,843 | 2,511,832 | 1,860,476 | 1,223,898 | 445,110 | 761,163 | 906,005 | 1,255,249 |
| net assets | 125,373 | 126,875 | 128,156 | 115,553 | 338,673 | 2,570,720 | 2,563,040 | 2,088,606 | 904,367 | 619,945 | 400,418 | 347,256 | 318,595 | 303,071 | 186,552 |
| total shareholders funds | 125,373 | 126,875 | 128,156 | 115,553 | 338,673 | 2,570,720 | 2,563,040 | 2,088,606 | 904,367 | 619,945 | 400,418 | 347,256 | 318,595 | 303,071 | 186,552 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,310,228 | 283,107 | |||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | -2,980 | -6,305 | -974 | 121,687 | -63,322 | -125,989 | -75,341 | -63,580 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -274,798 | 274,798 |
| Debtors | -118,742 | -100 | -102,586 | -303,053 | -1,019,064 | -1,654,077 | -201,876 | 714,123 | 695,595 | 774,015 | 653,356 | -311,513 | -54,691 | 163,388 | 765,625 |
| Creditors | -3,501 | -4,080 | -644,936 | 276,479 | 335,791 | -111,864 | -177,998 | -49,033 | 59,288 | -902,013 | 778,788 | -316,053 | -144,842 | -349,244 | 1,255,249 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -253,683 | -911,417 | -659,971 | -115,316 | 412,796 | 1,527,591 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 305,767 | 71,090 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -16,409 | -623,952 | 605,729 | -155,640 | 179,272 | 11,000 | 0 | 0 | 0 | 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 | 18 | 0 | 100 | 3,635 | 1,914 | 2,259 | 2,481 | 0 | 13 | 0 | |||||
| cash flow from financing | 18 | 0 | 100 | -246,365 | -2,414,495 | -621,693 | 608,210 | -155,640 | 179,285 | 11,000 | |||||
| cash and cash equivalents | |||||||||||||||
| cash | 113,739 | -5,261 | -529,747 | 356,412 | -1,147,284 | 14,524 | 444,070 | 150,127 | 240,183 | 82,090 | 178,594 | 24,121 | -74,627 | -121,315 | 401,378 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 113,739 | -5,261 | -529,747 | 356,412 | -1,147,284 | 14,524 | 444,070 | 150,127 | 240,183 | 82,090 | 178,594 | 24,121 | -74,627 | -121,315 | 401,378 |
P&L
July 2023turnover
70.5k
-76%
operating profit
-5k
0%
gross margin
0.1%
-71.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
125.4k
-0.01%
total assets
127.4k
-0.04%
cash
127k
+8.57%
net assets
Total assets minus all liabilities
Similar Companies
city basements limited company details
company number
05960637
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
October 2006
age
18
accounts
Audited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
25 cecil road, wealdstone, harrow, greater london, HA3 5QY
last accounts submitted
July 2023
city basements 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 city basements limited.
city basements limited Companies House Filings - See Documents
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