crossgate church ltd

crossgate church ltd Company Information

Share CROSSGATE CHURCH LTD
Live 
EstablishedMicroDeclining

Company Number

06057378

Industry

Activities of religious organisations

 

Shareholders

-

Group Structure

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Contact

Registered Address

the benchmark, 25 ribbleton street, preston, PR1 5BA

crossgate church ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of CROSSGATE CHURCH LTD at £0 based on a Turnover of £437k and -7.9x industry multiple (adjusted for size and gross margin).

crossgate church ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of CROSSGATE CHURCH LTD at £0 based on an EBITDA of £78.2k and a -39.24x industry multiple (adjusted for size and gross margin).

crossgate church ltd Estimated Valuation

£4.8m

Pomanda estimates the enterprise value of CROSSGATE CHURCH LTD at £4.8m based on Net Assets of £1.6m and 2.94x industry multiple (adjusted for liquidity).

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Crossgate Church Ltd Overview

Crossgate Church Ltd is a live company located in preston, PR1 5BA with a Companies House number of 06057378. It operates in the activities of religious organizations sector, SIC Code 94910. Founded in January 2007, it's largest shareholder is unknown. Crossgate Church Ltd is a established, micro sized company, Pomanda has estimated its turnover at £437k with declining growth in recent years.

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Crossgate Church Ltd Health Check

Pomanda's financial health check has awarded Crossgate Church Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £437k, make it larger than the average company (£323.2k)

£437k - Crossgate Church Ltd

£323.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (3.1%)

-7% - Crossgate Church Ltd

3.1% - Industry AVG

production

Production

with a gross margin of 61.7%, this company has a comparable cost of product (61.7%)

61.7% - Crossgate Church Ltd

61.7% - Industry AVG

profitability

Profitability

an operating margin of 11% make it more profitable than the average company (-1%)

11% - Crossgate Church Ltd

-1% - Industry AVG

employees

Employees

with 9 employees, this is above the industry average (6)

9 - Crossgate Church Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £21.3k, the company has an equivalent pay structure (£23.4k)

£21.3k - Crossgate Church Ltd

£23.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £48.6k, this is less efficient (£63k)

£48.6k - Crossgate Church Ltd

£63k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Crossgate Church Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Crossgate Church Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Crossgate Church Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 45 weeks, this is less cash available to meet short term requirements (354 weeks)

45 weeks - Crossgate Church Ltd

354 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 26.5%, this is a higher level of debt than the average (5.2%)

26.5% - Crossgate Church Ltd

5.2% - Industry AVG

CROSSGATE CHURCH LTD financials

EXPORTms excel logo

Crossgate Church Ltd's latest turnover from December 2023 is £437 thousand and the company has net assets of £1.6 million. According to their latest financial statements, Crossgate Church Ltd has 9 employees and maintains cash reserves of £51.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover437,037862,261497,543539,109540,567600,496672,137750,213542,466505,172535,745576,422385,545368,141334,174
Other Income Or Grants000000000000000
Cost Of Sales167,609392,234173,237221,492371,003441,678418,029400,294362,426394,446479,786430,037192,845169,7110
Gross Profit269,428470,027324,306317,617169,564158,818254,108349,919180,040110,72655,959146,385192,700198,4300
Admin Expenses221,370-115,003218,900251,54869,338-37,766-932-12,59699,11744,177-57,683-16,084185,596183,997-21,777
Operating Profit48,058585,030105,40666,069100,226196,584255,040362,51580,92366,549113,642162,4697,10414,43321,777
Interest Payable000000000000000
Interest Receivable000000000000000
Pre-Tax Profit-8,015431,53051,51419,66044,011120,172169,699251,24942,30553,41387,556122,3323,4458,27614,504
Tax000000000000000
Profit After Tax-8,015431,53051,51419,66044,011120,172169,699251,24942,30553,41387,556122,3323,4458,27614,504
Dividends Paid000000000000000
Retained Profit-8,015431,53051,51419,66044,011120,172169,699251,24942,30553,41387,556122,3323,4458,27614,504
Employee Costs191,331163,470220,066209,563164,800152,204182,982172,434178,829183,463215,311212,244180,940161,901139,164
Number Of Employees9913118710101112109960
EBITDA*78,157608,328132,967105,120139,810235,194289,846372,90394,11185,208128,595170,88919,32127,13135,678

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets2,132,1822,024,1371,758,3881,787,2281,793,3481,747,6751,617,5001,265,3001,146,395286,722282,717260,253257,884259,119225,483
Intangible Assets18327441161700000000000
Investments & Other000000104,356104,356104,356000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets2,132,3652,024,4111,758,7991,787,8451,793,3481,747,6751,721,8561,369,6561,250,751286,722282,717260,253257,884259,119225,483
Stock & work in progress000000000000000
Trade Debtors000000000000000
Group Debtors000000000000000
Misc Debtors32,68134,53222,09413,30617,0148,72812,60981,18550,4088,20014,4909,91710,52810,02914,998
Cash51,704283,19298,35175,71637,35557,95258,06693,898187,698253,497171,660137,58325,91326,58257,340
misc current assets000000000000000
total current assets84,385317,724120,44589,02254,36966,68070,675175,083238,106261,697186,150147,50036,44136,61172,338
total assets2,216,7502,342,1351,879,2441,876,8671,847,7171,814,3551,792,5311,544,7391,488,857548,419468,867407,753294,325295,730297,821
Bank overdraft0000000000005,4719094,059
Bank loan22,33527,17933,295029,34329,34321,31320,5720000000
Trade Creditors 000000000000000
Group/Directors Accounts000000000000000
other short term finances9,8699,62629,99020,00010,00019,99028,4900253,7220010,3269,37310,92010,920
hp & lease commitments000009,6609,66000000000
other current liabilities26,742112,86824,75326,93136,97720,35455,27379,21542,86341,48015,34120,04613,52413,32111,247
total current liabilities58,946149,67388,03846,93176,32079,347114,73699,787296,58541,48015,34130,37228,36825,15026,226
loans528,740555,383585,657675,901637,022644,644697,943644,459643,0280011,41122,31930,38739,678
hp & lease commitments0000009,66000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities528,740555,383585,657675,901637,022644,644707,603644,459643,0280011,41122,31930,38739,678
total liabilities587,686705,056673,695722,832713,342723,991822,339744,246939,61341,48015,34141,78350,68755,53765,904
net assets1,629,0641,637,0791,205,5491,154,0351,134,3751,090,364970,192800,493549,244506,939453,526365,970243,638240,193231,917
total shareholders funds1,629,0641,637,0791,205,5491,154,0351,134,3751,090,364970,192800,493549,244506,939453,526365,970243,638240,193231,917
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit48,058585,030105,40666,069100,226196,584255,040362,51580,92366,549113,642162,4697,10414,43321,777
Depreciation30,00823,16127,35539,05139,58438,61034,80610,38813,18818,65914,9538,42012,21712,69813,901
Amortisation91137206000000000000
Tax000000000000000
Stock000000000000000
Debtors-1,85112,4388,788-3,7088,286-3,881-68,57630,77742,208-6,2904,573-611499-4,96914,998
Creditors000000000000000
Accruals and Deferred Income-86,12688,115-2,178-10,04616,623-34,919-23,94236,3521,38326,139-4,7056,5222032,07411,247
Deferred Taxes & Provisions000000000000000
Cash flow from operations-6,118684,005122,00198,782148,147204,156334,480378,47853,286117,637119,317178,02219,02534,17431,927
Investing Activities
capital expenditure00000-64,429-329,519-350,318-996,740-23,813-37,417-10,789-10,982-46,334-239,384
Change in Investments00000-104,35600104,356000000
cash flow from investments0000039,927-329,519-350,318-1,101,096-23,813-37,417-10,789-10,982-46,334-239,384
Financing Activities
Bank loans-4,844-6,11633,295-29,34308,03074120,5720000000
Group/Directors Accounts000000000000000
Other Short Term Loans 243-20,3649,99010,000-9,990-8,50028,490-253,722253,7220-10,326953-1,547010,920
Long term loans-26,643-30,274-90,24438,879-7,622-53,29953,4841,431643,0280-11,411-10,908-8,068-9,29139,678
Hire Purchase and Lease Commitments0000-9,660-9,66019,32000000000
other long term liabilities000000000000000
share issue00000000000000217,413
interest000000000000000
cash flow from financing-31,244-56,754-46,95919,536-27,272-63,429102,035-231,719896,7500-21,737-9,955-9,615-9,291268,011
cash and cash equivalents
cash-231,488184,84122,63538,361-20,597-114-35,832-93,800-65,79981,83734,077111,670-669-30,75857,340
overdraft00000000000-5,4714,562-3,1504,059
change in cash-231,488184,84122,63538,361-20,597-114-35,832-93,800-65,79981,83734,077117,141-5,231-27,60853,281

crossgate church ltd 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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Crossgate Church Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for crossgate church ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in PR1 area or any other competitors across 12 key performance metrics.

crossgate church ltd Ownership

CROSSGATE CHURCH LTD group structure

Crossgate Church Ltd has no subsidiary companies.

Ultimate parent company

CROSSGATE CHURCH LTD

06057378

CROSSGATE CHURCH LTD Shareholders

--

crossgate church ltd directors

Crossgate Church Ltd currently has 5 directors. The longest serving directors include Mr Jonathan Bowen (Jan 2019) and Mr Adam Gardner (Jun 2020).

officercountryagestartendrole
Mr Jonathan Bowen35 years Jan 2019- Director
Mr Adam GardnerEngland30 years Jun 2020- Director
Mr Adam Gardner30 years Jun 2020- Director
Mr Ian FergusonEngland73 years Jul 2021- Director
Mr Stephen Barratt61 years Oct 2022- Director

P&L

December 2023

turnover

437k

-49%

operating profit

48.1k

0%

gross margin

61.7%

+13.09%

turnover

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

Balance Sheet

December 2023

net assets

1.6m

0%

total assets

2.2m

-0.05%

cash

51.7k

-0.82%

net assets

Total assets minus all liabilities

crossgate church ltd company details

company number

06057378

Type

Private Ltd By Guarantee w/o Share Cap

industry

94910 - Activities of religious organisations

incorporation date

January 2007

age

17

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

longton community church (July 2017)

accountant

UHY HACKER YOUNG MANCHESTER LLP

auditor

-

address

the benchmark, 25 ribbleton street, preston, PR1 5BA

Bank

HSBC BANK PLC

Legal Advisor

-

crossgate church 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 did not find charges/mortgages relating to crossgate church ltd.

charges

crossgate church ltd Companies House Filings - See Documents

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