corstorphine & wright (tamworth) ltd
corstorphine & wright (tamworth) ltd Company Information
Company Number
06058134
Next Accounts
702 days late
Industry
Architectural activities
Shareholders
corstorphine & wright limited
Group Structure
View All
Contact
Registered Address
22 regent street, nottingham, NG1 5BQ
Website
www.westhart.comcorstorphine & wright (tamworth) ltd Estimated Valuation
Pomanda estimates the enterprise value of CORSTORPHINE & WRIGHT (TAMWORTH) LTD at £787.3k based on a Turnover of £1.5m and 0.53x industry multiple (adjusted for size and gross margin).
corstorphine & wright (tamworth) ltd Estimated Valuation
Pomanda estimates the enterprise value of CORSTORPHINE & WRIGHT (TAMWORTH) LTD at £1.6m based on an EBITDA of £307.6k and a 5.31x industry multiple (adjusted for size and gross margin).
corstorphine & wright (tamworth) ltd Estimated Valuation
Pomanda estimates the enterprise value of CORSTORPHINE & WRIGHT (TAMWORTH) LTD at £3.9m based on Net Assets of £1.2m and 3.24x industry multiple (adjusted for liquidity).
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Corstorphine & Wright (tamworth) Ltd Overview
Corstorphine & Wright (tamworth) Ltd is a live company located in nottingham, NG1 5BQ with a Companies House number of 06058134. It operates in the architectural activities sector, SIC Code 71111. Founded in January 2007, it's largest shareholder is corstorphine & wright limited with a 100% stake. Corstorphine & Wright (tamworth) Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.5m with high growth in recent years.
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Corstorphine & Wright (tamworth) Ltd Health Check
Pomanda's financial health check has awarded Corstorphine & Wright (Tamworth) Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £1.5m, make it larger than the average company (£923.5k)
- Corstorphine & Wright (tamworth) Ltd
£923.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (0.2%)
- Corstorphine & Wright (tamworth) Ltd
0.2% - Industry AVG
Production
with a gross margin of 44%, this company has a comparable cost of product (44%)
- Corstorphine & Wright (tamworth) Ltd
44% - Industry AVG
Profitability
an operating margin of 12.2% make it more profitable than the average company (7.8%)
- Corstorphine & Wright (tamworth) Ltd
7.8% - Industry AVG
Employees
with 12 employees, this is below the industry average (19)
12 - Corstorphine & Wright (tamworth) Ltd
19 - Industry AVG
Pay Structure
on an average salary of £44.8k, the company has an equivalent pay structure (£44.8k)
- Corstorphine & Wright (tamworth) Ltd
£44.8k - Industry AVG
Efficiency
resulting in sales per employee of £124.6k, this is more efficient (£76.4k)
- Corstorphine & Wright (tamworth) Ltd
£76.4k - Industry AVG
Debtor Days
it gets paid by customers after 118 days, this is later than average (75 days)
- Corstorphine & Wright (tamworth) Ltd
75 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (23 days)
- Corstorphine & Wright (tamworth) Ltd
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Corstorphine & Wright (tamworth) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is less cash available to meet short term requirements (36 weeks)
16 weeks - Corstorphine & Wright (tamworth) Ltd
36 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.6%, this is a lower level of debt than the average (53.7%)
40.6% - Corstorphine & Wright (tamworth) Ltd
53.7% - Industry AVG
CORSTORPHINE & WRIGHT (TAMWORTH) LTD financials
Corstorphine & Wright (Tamworth) Ltd's latest turnover from March 2021 is estimated at £1.5 million and the company has net assets of £1.2 million. According to their latest financial statements, Corstorphine & Wright (Tamworth) Ltd has 12 employees and maintains cash reserves of £127.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | ||||||||||||
| Tax | ||||||||||||
| Profit After Tax | ||||||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | ||||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 12 | 12 | 13 | 11 | 10 | 9 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 200,949 | 250,278 | 32,736 | 40,819 | 48,100 | 54,233 | 68,326 | 58,478 | 30,522 | 41,473 | 54,068 | 62,172 |
| Intangible Assets | 300,000 | 350,000 | 400,000 | 450,000 | 500,000 | 550,000 | 600,000 | 650,000 | 700,000 | 750,000 | 800,000 | 850,000 |
| Investments & Other | 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 |
| Total Fixed Assets | 500,949 | 600,278 | 432,736 | 490,819 | 548,100 | 604,233 | 668,326 | 708,478 | 730,522 | 791,473 | 854,068 | 912,172 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 485,256 | 376,999 | 202,212 | 243,996 | 212,427 | 119,556 | 280,023 | 136,641 | 262,261 | 169,675 | 261,211 | 251,201 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 888,074 | 877,604 | 855,988 | 654,924 | 721,739 | 409,753 | 377,562 | 286,575 | 116,583 | 115,059 | 2,426 | 0 |
| Cash | 127,369 | 112,037 | 118 | 62,900 | 101,754 | 112 | 10 | 36,716 | 55 | 51,773 | 50,603 | 99,382 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,500,699 | 1,366,640 | 1,058,318 | 961,820 | 1,035,920 | 529,421 | 657,595 | 459,932 | 378,899 | 336,507 | 314,240 | 350,583 |
| total assets | 2,001,648 | 1,966,918 | 1,491,054 | 1,452,639 | 1,584,020 | 1,133,654 | 1,325,921 | 1,168,410 | 1,109,421 | 1,127,980 | 1,168,308 | 1,262,755 |
| Bank overdraft | 0 | 0 | 14,048 | 0 | 0 | 42,795 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 20,580 | 2,921 | 12,381 | 15,106 | 8,313 | 4,760 | 13,901 | 209,674 | 195,669 | 192,900 | 177,995 | 264,946 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 377,562 | 0 | 0 | 0 | 55,520 | 105,019 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 28,589 | 25,315 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 351,460 | 434,864 | 460,979 | 421,419 | 549,209 | 298,839 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 400,629 | 463,100 | 487,408 | 436,525 | 557,522 | 346,394 | 391,463 | 209,674 | 195,669 | 192,900 | 233,515 | 369,965 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 146,788 | 175,376 | 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 |
| other liabilities | 226,700 | 240,000 | 240,000 | 240,000 | 240,000 | 150,000 | 60,000 | 0 | 0 | 6,935 | 0 | 0 |
| provisions | 38,000 | 47,000 | 5,800 | 7,300 | 9,050 | 8,950 | 11,250 | 8,450 | 2,600 | 4,600 | 4,750 | 7,000 |
| total long term liabilities | 411,488 | 462,376 | 245,800 | 247,300 | 249,050 | 158,950 | 71,250 | 8,450 | 2,600 | 11,535 | 4,750 | 7,000 |
| total liabilities | 812,117 | 925,476 | 733,208 | 683,825 | 806,572 | 505,344 | 462,713 | 218,124 | 198,269 | 204,435 | 238,265 | 376,965 |
| net assets | 1,189,531 | 1,041,442 | 757,846 | 768,814 | 777,448 | 628,310 | 863,208 | 950,286 | 911,152 | 923,545 | 930,043 | 885,790 |
| total shareholders funds | 1,189,531 | 1,041,442 | 757,846 | 768,814 | 777,448 | 628,310 | 863,208 | 950,286 | 911,152 | 923,545 | 930,043 | 885,790 |
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 74,875 | 13,674 | 13,448 | 12,157 | 14,404 | 16,835 | 9,528 | 10,927 | 12,424 | 15,700 | 13,397 | |
| Amortisation | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | |
| Tax | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 118,727 | 196,403 | 159,280 | -35,246 | 404,857 | -128,276 | 234,369 | 44,372 | 94,110 | 21,097 | 12,436 | 251,201 |
| Creditors | 17,659 | -9,460 | -2,725 | 6,793 | 3,553 | -9,141 | -195,773 | 14,005 | 2,769 | 14,905 | -86,951 | 264,946 |
| Accruals and Deferred Income | -83,404 | -26,115 | 39,560 | -127,790 | 250,370 | 298,839 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -9,000 | 41,200 | -1,500 | -1,750 | 100 | -2,300 | 2,800 | 5,850 | -2,000 | -150 | -2,250 | 7,000 |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -377,562 | 377,562 | 0 | 0 | -55,520 | -49,499 | 105,019 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | -25,314 | 200,691 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -13,300 | 0 | 0 | 0 | 90,000 | 90,000 | 60,000 | 0 | -6,935 | 6,935 | 0 | 0 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 15,332 | 111,919 | -62,782 | -38,854 | 101,642 | 102 | -36,706 | 36,661 | -51,718 | 1,170 | -48,779 | 99,382 |
| overdraft | 0 | -14,048 | 14,048 | 0 | -42,795 | 42,795 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 15,332 | 125,967 | -76,830 | -38,854 | 144,437 | -42,693 | -36,706 | 36,661 | -51,718 | 1,170 | -48,779 | 99,382 |
corstorphine & wright (tamworth) ltd Credit Report and Business Information
Corstorphine & Wright (tamworth) Ltd Competitor Analysis
Perform a competitor analysis for corstorphine & wright (tamworth) ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in NG1 area or any other competitors across 12 key performance metrics.
corstorphine & wright (tamworth) ltd Ownership
CORSTORPHINE & WRIGHT (TAMWORTH) LTD group structure
Corstorphine & Wright (Tamworth) Ltd has no subsidiary companies.
Ultimate parent company
2 parents
CORSTORPHINE & WRIGHT (TAMWORTH) LTD
06058134
corstorphine & wright (tamworth) ltd directors
Corstorphine & Wright (Tamworth) Ltd currently has 8 directors. The longest serving directors include Mr Paul Turner (Oct 2021) and Mr Ben Round (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Turner | England | 59 years | Oct 2021 | - | Director |
| Mr Ben Round | England | 44 years | Oct 2021 | - | Director |
| Mr Simon Jones | England | 50 years | Oct 2021 | - | Director |
| Mr Michael Lampard | England | 57 years | Oct 2021 | - | Director |
| Mr Jeffrey Downes | 70 years | Oct 2021 | - | Director | |
| Mr Ben Round | England | 44 years | Oct 2021 | - | Director |
| Mr Simon Jones | 50 years | Oct 2021 | - | Director | |
| Mr Jeffrey Downes | England | 70 years | Oct 2021 | - | Director |
P&L
March 2021turnover
1.5m
+32%
operating profit
182.7k
0%
gross margin
44%
-8.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2021net assets
1.2m
+0.14%
total assets
2m
+0.02%
cash
127.4k
+0.14%
net assets
Total assets minus all liabilities
Similar Companies
corstorphine & wright (tamworth) ltd company details
company number
06058134
Type
Private limited with Share Capital
industry
71111 - Architectural activities
incorporation date
January 2007
age
17
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2021
previous names
west hart partnership limited (November 2021)
accountant
PHILIP BARNES & CO LIMITED
auditor
-
address
22 regent street, nottingham, NG1 5BQ
Bank
-
Legal Advisor
-
corstorphine & wright (tamworth) 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 1 charges/mortgages relating to corstorphine & wright (tamworth) ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
corstorphine & wright (tamworth) ltd Companies House Filings - See Documents
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