carioca assets limited

1.5

carioca assets limited Company Information

Share CARIOCA ASSETS LIMITED
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Company Number

06245705

Registered Address

metreel works soloman road, cossall industrial estate, ilkeston, derbyshire, DE7 5UA

Industry

Activities of head offices

 

Telephone

-

Next Accounts Due

December 2024

Group Structure

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Directors

Kenneth Beattie17 Years

Kevin Huntley10 Years

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Shareholders

kenneth brian beattie 100%

carioca assets limited Estimated Valuation

£385.2k

Pomanda estimates the enterprise value of CARIOCA ASSETS LIMITED at £385.2k based on a Turnover of £562.6k and 0.68x industry multiple (adjusted for size and gross margin).

carioca assets limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CARIOCA ASSETS LIMITED at £0 based on an EBITDA of £-56.1k and a 4.59x industry multiple (adjusted for size and gross margin).

carioca assets limited Estimated Valuation

£2m

Pomanda estimates the enterprise value of CARIOCA ASSETS LIMITED at £2m based on Net Assets of £763k and 2.68x industry multiple (adjusted for liquidity).

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Carioca Assets Limited Overview

Carioca Assets Limited is a live company located in ilkeston, DE7 5UA with a Companies House number of 06245705. It operates in the activities of head offices sector, SIC Code 70100. Founded in May 2007, it's largest shareholder is kenneth brian beattie with a 100% stake. Carioca Assets Limited is a established, small sized company, Pomanda has estimated its turnover at £562.6k with healthy growth in recent years.

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Carioca Assets Limited Health Check

Pomanda's financial health check has awarded Carioca Assets Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

0 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £562.6k, make it smaller than the average company (£19.8m)

£562.6k - Carioca Assets Limited

£19.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (4.4%)

4% - Carioca Assets Limited

4.4% - Industry AVG

production

Production

with a gross margin of 32.7%, this company has a comparable cost of product (32.7%)

32.7% - Carioca Assets Limited

32.7% - Industry AVG

profitability

Profitability

an operating margin of -10% make it less profitable than the average company (5.9%)

-10% - Carioca Assets Limited

5.9% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (117)

3 - Carioca Assets Limited

117 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.4k, the company has an equivalent pay structure (£45.4k)

£45.4k - Carioca Assets Limited

£45.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £187.5k, this is equally as efficient (£187.5k)

£187.5k - Carioca Assets Limited

£187.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Carioca Assets Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Carioca Assets Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Carioca Assets Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Carioca Assets Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 63.7%, this is a higher level of debt than the average (57%)

63.7% - Carioca Assets Limited

57% - Industry AVG

CARIOCA ASSETS LIMITED financials

EXPORTms excel logo

Carioca Assets Limited's latest turnover from March 2023 is estimated at £562.6 thousand and the company has net assets of £763 thousand. According to their latest financial statements, Carioca Assets Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012May 2011May 2010
Turnover562,622494,983456,507494,1688,097,9367,007,4288,782,75412,502,1629,078,2318,451,56811,400,1115,967,590529,1890
Other Income Or Grants00000000000000
Cost Of Sales378,434334,554313,339334,2816,182,3085,472,2957,017,73810,603,1268,036,2386,677,0968,648,6124,162,71800
Gross Profit184,189160,429143,169159,8861,915,6281,535,1331,765,0161,899,0361,041,9931,774,4722,751,4991,804,872529,1890
Admin Expenses240,307220,421157,457-742,7471,928,8911,695,2121,979,0641,949,0542,014,0301,113,1771,898,6711,231,9878,195261
Operating Profit-56,118-59,992-14,288902,633-13,263-160,079-214,048-50,018-972,037661,295852,828572,885520,994-261
Interest Payable00016,05436,58440,709115,399150,68871,24367,942126,649138,17046,71949,751
Interest Receivable000510,3989,3969,0562,8663,08003799400
Pre-Tax Profit-56,118-59,992-14,288886,584-39,449-161,923-320,391-197,840-1,211,706471,353500,643344,734474,275-50,012
Tax000-168,45117,59514,969267,2680168,286-133,996-10,456-45,16100
Profit After Tax-56,118-59,992-14,288718,133-21,854-146,954-53,123-197,840-1,043,420337,357490,187299,573474,275-50,012
Dividends Paid000000000011,01611,05500
Retained Profit-56,118-59,992-14,288718,133-21,854-146,954-53,123-197,840-1,043,420337,357479,171288,518474,275-50,012
Employee Costs136,232126,661120,626121,6451,549,8161,518,4741,724,1841,917,0821,735,7131,658,1781,704,3621,281,489033,056
Number Of Employees3333394149545142403541
EBITDA*-56,118-59,992-14,288902,633130,385-34,422-81,04389,926-855,137774,658958,620676,994520,994-261

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012May 2011May 2010
Tangible Assets00001,125,3791,086,3101,034,1131,033,2631,038,2211,767,4851,387,8751,266,62400
Intangible Assets0000406,370456,130505,890555,650605,410655,170704,930754,69000
Investments & Other2,100,0002,100,0002,100,0002,100,000565,001565,001535,532535,532875,022122,2960-90,0752,100,0002,100,000
Debtors (Due After 1 year)0000270,350259,952250,556241,500000000
Total Fixed Assets2,100,0002,100,0002,100,0002,100,0002,367,1002,367,3932,326,0912,365,9452,518,6532,544,9512,092,8051,931,2392,100,0002,100,000
Stock & work in progress0000971,811981,638779,500925,707652,607697,0641,100,920664,79600
Trade Debtors00001,200,1951,462,7621,159,1682,064,3353,567,0653,548,1034,002,6551,596,57000
Group Debtors00000000000000
Misc Debtors0112,45088,99501,069,438601,1861,397,5802,228,070993,604422,948201,08187,33100
Cash00009,027103,083517,696268,149516,0013,612345,464451,08400
misc current assets00000000000000
total current assets0112,45088,99503,250,4713,148,6693,853,9445,486,2615,729,2774,671,7275,650,1202,799,78100
total assets2,100,0002,212,4502,188,9952,100,0005,617,5715,516,0626,180,0357,852,2068,247,9307,216,6787,742,9254,731,0202,100,0002,100,000
Bank overdraft0000478,943530,883836,1251,314,3512,475,365202,27500540,775607,559
Bank loan000047,41479,4170000440,023480,69700
Trade Creditors 00002,848,2922,389,7452,526,9902,218,5052,774,0042,276,7053,492,3921,116,84100
Group/Directors Accounts671,984850,524827,069738,07500000623,678488,311488,409784,1031,103,257
other short term finances0000000000281,0221,160,72800
hp & lease commitments00000034,72356,32939,74639,68343,03739,43900
other current liabilities665,035542,827482,835468,5461,950,5732,152,8572,262,2053,518,3481,800,1611,293,367750,590675,873702,372700,000
total current liabilities1,337,0191,393,3511,309,9041,206,6215,325,2225,152,9025,660,0437,107,5337,089,2764,435,7085,495,3753,961,9872,027,2502,410,816
loans0000047,325126,906272,020347,263607,531250,000250,00000
hp & lease commitments000025,91332,02549,03275,47698,87441,6297,07722,29500
Accruals and Deferred Income00000000000000
other liabilities000000000090,810000
provisions00005,30682600060,85162,98739,33200
total long term liabilities000031,21980,176175,938347,496446,137710,011410,874311,62700
total liabilities1,337,0191,393,3511,309,9041,206,6215,356,4415,233,0785,835,9817,455,0297,535,4135,145,7195,906,2494,273,6142,027,2502,410,816
net assets762,981819,099879,091893,379261,130282,984344,054397,177712,5172,070,9591,836,676457,40672,750-310,816
total shareholders funds762,981819,099879,091893,379261,130282,984344,054397,177712,5172,070,9591,836,676457,40672,750-310,816
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012May 2011May 2010
Operating Activities
Operating Profit-56,118-59,992-14,288902,633-13,263-160,079-214,048-50,018-972,037661,295852,828572,885520,994-261
Depreciation000093,88875,89783,24590,18467,14063,60356,03262,64200
Amortisation000049,76049,76049,76049,76049,76049,76049,76041,46700
Tax000-168,45117,59514,969267,2680168,286-133,996-10,456-45,16100
Stock000-971,811-9,827202,138-146,207273,100-44,457-403,856436,124664,79600
Debtors-112,45023,45588,995-2,539,983216,083-483,404-1,726,601-26,764589,618-232,6852,519,8351,683,90100
Creditors000-2,848,292458,547-137,245308,485-555,499497,299-1,215,6872,375,5511,116,84100
Accruals and Deferred Income122,20859,99214,289-1,482,027-202,284-109,348-1,256,1431,718,187506,794542,77774,717-26,4992,372700,000
Deferred Taxes & Provisions000-5,3064,48082600-60,851-2,13623,65539,33200
Cash flow from operations178,540-23,455-88,994-89,649202,46716,0461,111,3751,006,278-288,770602,157466,128-587,190523,366699,739
Investing Activities
capital expenditure0001,531,749-132,957-38,928-105,918322,084-112,062-390,978-400,325-431,27000
Change in Investments0001,534,999029,4690-339,490752,726122,29690,075-2,190,07502,100,000
cash flow from investments000-3,250-132,957-68,397-105,918661,574-864,788-513,274-490,4001,758,8050-2,100,000
Financing Activities
Bank loans000-47,414-32,00379,417000-440,023-40,674480,69700
Group/Directors Accounts-178,54023,45588,994738,0750000-623,678135,367-98-295,694-319,1541,103,257
Other Short Term Loans 000000000-281,022-879,7061,160,72800
Long term loans0000-47,325-79,581-145,114-75,243-260,268357,5310250,00000
Hire Purchase and Lease Commitments000-25,913-6,112-51,730-48,050-6,81557,30831,198-11,62061,73400
other long term liabilities000000000-90,81090,810000
share issue000-85,884085,8840-117,500-315,022-103,074900,09996,138-90,709-260,804
interest000-16,049-26,186-31,313-106,343-147,822-68,163-67,942-126,270-138,076-46,719-49,751
cash flow from financing-178,54023,45588,994562,815-111,6262,677-299,507-347,380-1,209,823-458,775-67,4591,615,527-456,582792,702
cash and cash equivalents
cash000-9,027-94,056-414,613249,547-247,852512,389-341,852-105,620451,08400
overdraft000-478,943-51,940-305,242-478,226-1,161,0142,273,090202,2750-540,775-66,784607,559
change in cash000469,916-42,116-109,371727,773913,162-1,760,701-544,127-105,620991,85966,784-607,559

carioca assets 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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Carioca Assets Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for carioca assets limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in DE7 area or any other competitors across 12 key performance metrics.

carioca assets limited Ownership

CARIOCA ASSETS LIMITED group structure

Carioca Assets Limited has 1 subsidiary company.

Ultimate parent company

CARIOCA ASSETS LIMITED

06245705

1 subsidiary

CARIOCA ASSETS LIMITED Shareholders

kenneth brian beattie 100%

carioca assets limited directors

Carioca Assets Limited currently has 3 directors. The longest serving directors include Mr Kenneth Beattie (May 2007) and Mr Kevin Huntley (Sep 2014).

officercountryagestartendrole
Mr Kenneth Beattie71 years May 2007- Director
Mr Kevin Huntley48 years Sep 2014- Director
Mr Graham ClarkEngland68 years Sep 2014- Director

P&L

March 2023

turnover

562.6k

+14%

operating profit

-56.1k

0%

gross margin

32.8%

+1.01%

turnover

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

Balance Sheet

March 2023

net assets

763k

-0.07%

total assets

2.1m

-0.05%

cash

0

0%

net assets

Total assets minus all liabilities

carioca assets limited company details

company number

06245705

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

May 2007

age

17

incorporated

UK

ultimate parent company

None

accounts

Small Company

last accounts submitted

March 2023

previous names

N/A

accountant

RMT ACCOUNTANTS & BUSINESS ADVISORS LTD

auditor

-

address

metreel works soloman road, cossall industrial estate, ilkeston, derbyshire, DE7 5UA

Bank

HSBC BANK PLC

Legal Advisor

-

carioca assets 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 carioca assets limited.

charges

carioca assets limited Companies House Filings - See Documents

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