churchfield technology limited

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churchfield technology limited Company Information

Share CHURCHFIELD TECHNOLOGY LIMITED
Live 
EstablishedMicroDeclining

Company Number

06098596

Registered Address

4 churchfield road, tewin, welwyn, AL6 0JW

Industry

Computer consultancy activities

 

Telephone

-

Next Accounts Due

December 2024

Group Structure

View All

Directors

Russell Bielby17 Years

Shareholders

russell frederick bielby 50%

laura annabel bielby 50%

churchfield technology limited Estimated Valuation

£69.1k

Pomanda estimates the enterprise value of CHURCHFIELD TECHNOLOGY LIMITED at £69.1k based on a Turnover of £100.9k and 0.68x industry multiple (adjusted for size and gross margin).

churchfield technology limited Estimated Valuation

£33k

Pomanda estimates the enterprise value of CHURCHFIELD TECHNOLOGY LIMITED at £33k based on an EBITDA of £6.7k and a 4.92x industry multiple (adjusted for size and gross margin).

churchfield technology limited Estimated Valuation

£45.1k

Pomanda estimates the enterprise value of CHURCHFIELD TECHNOLOGY LIMITED at £45.1k based on Net Assets of £20.1k and 2.25x industry multiple (adjusted for liquidity).

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Churchfield Technology Limited Overview

Churchfield Technology Limited is a live company located in welwyn, AL6 0JW with a Companies House number of 06098596. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in February 2007, it's largest shareholder is russell frederick bielby with a 50% stake. Churchfield Technology Limited is a established, micro sized company, Pomanda has estimated its turnover at £100.9k with declining growth in recent years.

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Churchfield Technology Limited Health Check

Pomanda's financial health check has awarded Churchfield Technology Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £100.9k, make it smaller than the average company (£871.3k)

£100.9k - Churchfield Technology Limited

£871.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (4.7%)

-3% - Churchfield Technology Limited

4.7% - Industry AVG

production

Production

with a gross margin of 47.6%, this company has a comparable cost of product (47.6%)

47.6% - Churchfield Technology Limited

47.6% - Industry AVG

profitability

Profitability

an operating margin of 6.1% make it less profitable than the average company (7.7%)

6.1% - Churchfield Technology Limited

7.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (9)

1 - Churchfield Technology Limited

9 - Industry AVG

paystructure

Pay Structure

on an average salary of £53.4k, the company has an equivalent pay structure (£53.4k)

£53.4k - Churchfield Technology Limited

£53.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £100.9k, this is less efficient (£123.7k)

£100.9k - Churchfield Technology Limited

£123.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 59 days, this is near the average (67 days)

59 days - Churchfield Technology Limited

67 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Churchfield Technology Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Churchfield Technology Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 53 weeks, this is more cash available to meet short term requirements (21 weeks)

53 weeks - Churchfield Technology Limited

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 73.3%, this is a higher level of debt than the average (57.4%)

73.3% - Churchfield Technology Limited

57.4% - Industry AVG

CHURCHFIELD TECHNOLOGY LIMITED financials

EXPORTms excel logo

Churchfield Technology Limited's latest turnover from March 2023 is estimated at £100.9 thousand and the company has net assets of £20.1 thousand. According to their latest financial statements, Churchfield Technology Limited has 1 employee and maintains cash reserves of £57.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover100,90098,073109,352111,600120,573116,803122,03119,250103,469118,266137,997147,61274,68156,835
Other Income Or Grants00000000000000
Cost Of Sales52,83553,08656,78453,44556,87751,72951,5077,95443,29045,66449,38255,97128,56021,078
Gross Profit48,06544,98652,56858,15563,69665,07370,52411,29660,18072,60288,61491,64146,12135,757
Admin Expenses41,92846,28071,45751,71352,61858,40157,59538,30353,00850,44089,656102,72340,38217,247
Operating Profit6,137-1,294-18,8896,44211,0786,67212,929-27,0077,17222,162-1,042-11,0825,73918,510
Interest Payable00000000000000
Interest Receivable2,0512184473563334130206182207248299304130
Pre-Tax Profit8,188-1,076-18,8456,51511,6417,00613,059-26,8017,35322,369-794-10,7836,04318,640
Tax-1,55600-1,238-2,212-1,331-2,6120-1,544-5,14500-1,692-5,219
Profit After Tax6,632-1,076-18,8455,2779,4295,67510,447-26,8015,80917,224-794-10,7834,35113,421
Dividends Paid00000000000000
Retained Profit6,632-1,076-18,8455,2779,4295,67510,447-26,8015,80917,224-794-10,7834,35113,421
Employee Costs53,35848,98245,86946,28853,11951,39454,79557,59357,76156,003108,157107,87952,08352,667
Number Of Employees11111111112211
EBITDA*6,709-1,129-18,6696,73411,4697,19213,477-26,7497,51622,622-430-10,4686,55819,373

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,7184946598791,1711,5621,6427761,0341,3781,8381,8412,4552,588
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets1,7184946598791,1711,5621,6427761,0341,3781,8381,8412,4552,588
Stock & work in progress00000000000000
Trade Debtors16,32016,320000002,88015,40116,740004,5003,819
Group Debtors00000000000000
Misc Debtors00000000000000
Cash57,15739,34418,82668,58376,76373,23860,43443,32338,98333,68249,01450,14869,26752,186
misc current assets00000000000000
total current assets73,47755,66418,82668,58376,76373,23860,43446,20354,38450,42249,01450,14873,76756,005
total assets75,19556,15819,48569,46277,93474,80062,07646,97955,41851,80050,85251,98976,22258,593
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 0000000026,09028,28144,55744,90058,35045,072
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities55,12942,7244,97536,10749,85656,15149,10244,452000000
total current liabilities55,12942,7244,97536,10749,85656,15149,10244,45226,09028,28144,55744,90058,35045,072
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions00000000000000
total long term liabilities00000000000000
total liabilities55,12942,7244,97536,10749,85656,15149,10244,45226,09028,28144,55744,90058,35045,072
net assets20,06613,43414,51033,35528,07818,64912,9742,52729,32823,5196,2957,08917,87213,521
total shareholders funds20,06613,43414,51033,35528,07818,64912,9742,52729,32823,5196,2957,08917,87213,521
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit6,137-1,294-18,8896,44211,0786,67212,929-27,0077,17222,162-1,042-11,0825,73918,510
Depreciation572165220292391520548258344460612614819863
Amortisation00000000000000
Tax-1,55600-1,238-2,212-1,331-2,6120-1,544-5,14500-1,692-5,219
Stock00000000000000
Debtors016,3200000-2,880-12,521-1,33916,7400-4,5006813,819
Creditors0000000-26,090-2,191-16,276-343-13,45013,27845,072
Accruals and Deferred Income12,40537,749-31,132-13,749-6,2957,0494,65044,452000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations17,55820,300-49,801-8,2532,96212,91018,3954,1345,120-15,539-773-19,41817,46355,407
Investing Activities
capital expenditure-1,7960000-440-1,414000-6090-686-3,451
Change in Investments00000000000000
cash flow from investments-1,7960000-440-1,414000-6090-686-3,451
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue0000000000000100
interest2,0512184473563334130206182207248299304130
cash flow from financing2,0512184473563334130206182207248299304230
cash and cash equivalents
cash17,81320,518-49,757-8,1803,52512,80417,1114,3405,301-15,332-1,134-19,11917,08152,186
overdraft00000000000000
change in cash17,81320,518-49,757-8,1803,52512,80417,1114,3405,301-15,332-1,134-19,11917,08152,186

churchfield technology limited 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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Churchfield Technology Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for churchfield technology limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in AL6 area or any other competitors across 12 key performance metrics.

churchfield technology limited Ownership

CHURCHFIELD TECHNOLOGY LIMITED group structure

Churchfield Technology Limited has no subsidiary companies.

Ultimate parent company

CHURCHFIELD TECHNOLOGY LIMITED

06098596

CHURCHFIELD TECHNOLOGY LIMITED Shareholders

russell frederick bielby 50%
laura annabel bielby 50%

churchfield technology limited directors

Churchfield Technology Limited currently has 1 director, Mr Russell Bielby serving since Feb 2007.

officercountryagestartendrole
Mr Russell BielbyEngland51 years Feb 2007- Director

P&L

March 2023

turnover

100.9k

+3%

operating profit

6.1k

0%

gross margin

47.7%

+3.85%

turnover

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

Balance Sheet

March 2023

net assets

20.1k

+0.49%

total assets

75.2k

+0.34%

cash

57.2k

+0.45%

net assets

Total assets minus all liabilities

churchfield technology limited company details

company number

06098596

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

February 2007

age

17

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2023

previous names

russell bielby limited (March 2008)

accountant

PARKER CAVENDISH

auditor

-

address

4 churchfield road, tewin, welwyn, AL6 0JW

Bank

-

Legal Advisor

-

churchfield technology 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 churchfield technology limited.

charges

churchfield technology limited Companies House Filings - See Documents

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