corstorphine & wright (tamworth) ltd

5

corstorphine & wright (tamworth) ltd Company Information

Share CORSTORPHINE & WRIGHT (TAMWORTH) LTD
Live (In Liquidation)
EstablishedSmallHigh

Company Number

06058134

Registered Address

22 regent street, nottingham, NG1 5BQ

Industry

Architectural activities

 

Telephone

0182767123

Next Accounts Due

624 days late

Group Structure

View All

Directors

Ben Round2 Years

Michael Lampard2 Years

View All

Shareholders

corstorphine & wright limited 100%

corstorphine & wright (tamworth) ltd Estimated Valuation

£809k

Pomanda estimates the enterprise value of CORSTORPHINE & WRIGHT (TAMWORTH) LTD at £809k based on a Turnover of £1.5m and 0.54x industry multiple (adjusted for size and gross margin).

corstorphine & wright (tamworth) ltd Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of CORSTORPHINE & WRIGHT (TAMWORTH) LTD at £1.7m based on an EBITDA of £307.6k and a 5.43x industry multiple (adjusted for size and gross margin).

corstorphine & wright (tamworth) ltd Estimated Valuation

£920.7k

Pomanda estimates the enterprise value of CORSTORPHINE & WRIGHT (TAMWORTH) LTD at £920.7k based on Net Assets of £1.2m and 0.77x 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

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £1.5m, make it larger than the average company (£898.6k)

£1.5m - Corstorphine & Wright (tamworth) Ltd

£898.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (0.2%)

23% - Corstorphine & Wright (tamworth) Ltd

0.2% - Industry AVG

production

Production

with a gross margin of 44.1%, this company has a comparable cost of product (44.1%)

44.1% - Corstorphine & Wright (tamworth) Ltd

44.1% - Industry AVG

profitability

Profitability

an operating margin of 12.2% make it more profitable than the average company (8%)

12.2% - Corstorphine & Wright (tamworth) Ltd

8% - Industry AVG

employees

Employees

with 12 employees, this is below the industry average (19)

12 - Corstorphine & Wright (tamworth) Ltd

19 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.8k, the company has an equivalent pay structure (£44.8k)

£44.8k - Corstorphine & Wright (tamworth) Ltd

£44.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £125.1k, this is more efficient (£76.4k)

£125.1k - Corstorphine & Wright (tamworth) Ltd

£76.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 117 days, this is later than average (74 days)

117 days - Corstorphine & Wright (tamworth) Ltd

74 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 8 days, this is quicker than average (23 days)

8 days - Corstorphine & Wright (tamworth) Ltd

23 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Corstorphine & Wright (tamworth) Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 16 weeks, this is less cash available to meet short term requirements (37 weeks)

16 weeks - Corstorphine & Wright (tamworth) Ltd

37 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 40.6%, this is a lower level of debt than the average (53.9%)

40.6% - Corstorphine & Wright (tamworth) Ltd

53.9% - Industry AVG

CORSTORPHINE & WRIGHT (TAMWORTH) LTD financials

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,501,0531,132,131769,136809,192784,868561,3841,092,487797,4351,306,207961,9351,297,9721,340,471
Other Income Or Grants000000000000
Cost Of Sales839,832582,614396,871414,120379,087242,920482,300334,549531,833392,273467,441470,486
Gross Profit661,221549,517372,265395,072405,782318,465610,187462,886774,374569,662830,531869,985
Admin Expenses478,515199,026382,995404,118218,149551,972697,357412,155786,897576,416769,443-358,642
Operating Profit182,706350,491-10,730-9,046187,633-233,507-87,17050,731-12,523-6,75461,0881,228,627
Interest Payable042847401,3371,391000000
Interest Receivable1205623641212709292130256375248
Pre-Tax Profit182,826350,119-10,968-8,634186,423-234,898-87,07850,823-12,393-6,49861,4631,228,875
Tax-34,737-66,52300-37,28400-11,68900-17,209-344,085
Profit After Tax148,089283,596-10,968-8,634149,138-234,898-87,07839,134-12,393-6,49844,253884,790
Dividends Paid000000000000
Retained Profit148,089283,596-10,968-8,634149,138-234,898-87,07839,134-12,393-6,49844,253884,790
Employee Costs537,922531,085570,937469,920457,836398,396569,474444,729694,284539,077693,748793,879
Number Of Employees12121311109131017131719
EBITDA*307,581350,49152,94454,402249,790-169,103-20,335110,25948,40455,670126,7881,292,024

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets200,949250,27832,73640,81948,10054,23368,32658,47830,52241,47354,06862,172
Intangible Assets300,000350,000400,000450,000500,000550,000600,000650,000700,000750,000800,000850,000
Investments & Other000000000000
Debtors (Due After 1 year)000000000000
Total Fixed Assets500,949600,278432,736490,819548,100604,233668,326708,478730,522791,473854,068912,172
Stock & work in progress000000000000
Trade Debtors485,256376,999202,212243,996212,427119,556280,023136,641262,261169,675261,211251,201
Group Debtors000000000000
Misc Debtors888,074877,604855,988654,924721,739409,753377,562286,575116,583115,0592,4260
Cash127,369112,03711862,900101,7541121036,7165551,77350,60399,382
misc current assets000000000000
total current assets1,500,6991,366,6401,058,318961,8201,035,920529,421657,595459,932378,899336,507314,240350,583
total assets2,001,6481,966,9181,491,0541,452,6391,584,0201,133,6541,325,9211,168,4101,109,4211,127,9801,168,3081,262,755
Bank overdraft0014,0480042,795000000
Bank loan000000000000
Trade Creditors 20,5802,92112,38115,1068,3134,76013,901209,674195,669192,900177,995264,946
Group/Directors Accounts000000377,56200055,520105,019
other short term finances000000000000
hp & lease commitments28,58925,3150000000000
other current liabilities351,460434,864460,979421,419549,209298,839000000
total current liabilities400,629463,100487,408436,525557,522346,394391,463209,674195,669192,900233,515369,965
loans000000000000
hp & lease commitments146,788175,3760000000000
Accruals and Deferred Income000000000000
other liabilities226,700240,000240,000240,000240,000150,00060,000006,93500
provisions38,00047,0005,8007,3009,0508,95011,2508,4502,6004,6004,7507,000
total long term liabilities411,488462,376245,800247,300249,050158,95071,2508,4502,60011,5354,7507,000
total liabilities812,117925,476733,208683,825806,572505,344462,713218,124198,269204,435238,265376,965
net assets1,189,5311,041,442757,846768,814777,448628,310863,208950,286911,152923,545930,043885,790
total shareholders funds1,189,5311,041,442757,846768,814777,448628,310863,208950,286911,152923,545930,043885,790
Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit182,706350,491-10,730-9,046187,633-233,507-87,17050,731-12,523-6,75461,0881,228,627
Depreciation74,875013,67413,44812,15714,40416,8359,52810,92712,42415,70013,397
Amortisation50,000050,00050,00050,00050,00050,00050,00050,00050,00050,00050,000
Tax-34,737-66,52300-37,28400-11,68900-17,209-344,085
Stock000000000000
Debtors118,727196,403159,280-35,246404,857-128,276234,36944,37294,11021,09712,436251,201
Creditors17,659-9,460-2,7256,7933,553-9,141-195,77314,0052,76914,905-86,951264,946
Accruals and Deferred Income-83,404-26,11539,560-127,790250,370298,839000000
Deferred Taxes & Provisions-9,00041,200-1,500-1,750100-2,3002,8005,850-2,000-150-2,2507,000
Cash flow from operations79,37293,190-71,001-33,09961,672246,571-447,67774,053-44,93749,3287,942968,684
Investing Activities
capital expenditure-25,546-167,542-5,591-6,167-6,024-311-26,683-37,48424171-7,596-975,569
Change in Investments000000000000
cash flow from investments-25,546-167,542-5,591-6,167-6,024-311-26,683-37,48424171-7,596-975,569
Financing Activities
Bank loans000000000000
Group/Directors Accounts00000-377,562377,56200-55,520-49,499105,019
Other Short Term Loans 000000000000
Long term loans000000000000
Hire Purchase and Lease Commitments-25,314200,6910000000000
other long term liabilities-13,30000090,00090,00060,0000-6,9356,93500
share issue000000000001,000
interest120-372-238412-1,210-1,3919292130256375248
cash flow from financing-38,494200,319-23841288,790-288,953437,65492-6,805-48,329-49,124106,267
cash and cash equivalents
cash15,332111,919-62,782-38,854101,642102-36,70636,661-51,7181,170-48,77999,382
overdraft0-14,04814,0480-42,79542,795000000
change in cash15,332125,967-76,830-38,854144,437-42,693-36,70636,661-51,7181,170-48,77999,382

corstorphine & wright (tamworth) 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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Corstorphine & Wright (tamworth) Ltd Competitor Analysis

BETA
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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 Shareholders

corstorphine & wright limited 100%

corstorphine & wright (tamworth) ltd directors

Corstorphine & Wright (Tamworth) Ltd currently has 8 directors. The longest serving directors include Mr Ben Round (Oct 2021) and Mr Michael Lampard (Oct 2021).

officercountryagestartendrole
Mr Ben RoundEngland44 years Oct 2021- Director
Mr Michael LampardEngland57 years Oct 2021- Director
Mr Jeffrey DownesUnited Kingdom70 years Oct 2021- Director
Mr Jeffrey DownesEngland70 years Oct 2021- Director
Mr Simon JonesEngland50 years Oct 2021- Director
Mr Paul TurnerEngland59 years Oct 2021- Director
Mr Ben RoundEngland44 years Oct 2021- Director
Mr Simon Jones50 years Oct 2021- Director

P&L

March 2021

turnover

1.5m

+33%

operating profit

182.7k

0%

gross margin

44.1%

-9.25%

turnover

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

Balance Sheet

March 2021

net assets

1.2m

+0.14%

total assets

2m

+0.02%

cash

127.4k

+0.14%

net assets

Total assets minus all liabilities

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

accounts

Total Exemption Full

ultimate parent company

previous names

west hart partnership limited (November 2021)

last accounts submitted

March 2021

address

22 regent street, nottingham, NG1 5BQ

accountant

PHILIP BARNES & CO LIMITED

auditor

-

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.

charges

corstorphine & wright (tamworth) ltd Companies House Filings - See Documents

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