carioca assets limited Company Information
Company Number
06245705
Website
metreel.co.ukRegistered 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
View All
Shareholders
kenneth brian beattie 100%
carioca assets limited Estimated Valuation
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
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
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
0 Strong
4 Regular
4 Weak
Size
annual sales of £562.6k, make it smaller than the average company (£19.8m)
- Carioca Assets Limited
£19.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (4.4%)
- Carioca Assets Limited
4.4% - Industry AVG
Production
with a gross margin of 32.7%, this company has a comparable cost of product (32.7%)
- Carioca Assets Limited
32.7% - Industry AVG
Profitability
an operating margin of -10% make it less profitable than the average company (5.9%)
- Carioca Assets Limited
5.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (117)
3 - Carioca Assets Limited
117 - Industry AVG
Pay Structure
on an average salary of £45.4k, the company has an equivalent pay structure (£45.4k)
- Carioca Assets Limited
£45.4k - Industry AVG
Efficiency
resulting in sales per employee of £187.5k, this is equally as efficient (£187.5k)
- Carioca Assets Limited
£187.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Carioca Assets Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Carioca Assets Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Carioca Assets Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Carioca Assets Limited
- - Industry AVG
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
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 House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 8,097,936 | 7,007,428 | 8,782,754 | 12,502,162 | 9,078,231 | 8,451,568 | 11,400,111 | 5,967,590 | 529,189 | 0 | ||||
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
Cost Of Sales | 6,182,308 | 5,472,295 | 7,017,738 | 10,603,126 | 8,036,238 | 6,677,096 | 8,648,612 | 4,162,718 | 0 | 0 | ||||
Gross Profit | 1,915,628 | 1,535,133 | 1,765,016 | 1,899,036 | 1,041,993 | 1,774,472 | 2,751,499 | 1,804,872 | 529,189 | 0 | ||||
Admin Expenses | 1,928,891 | 1,695,212 | 1,979,064 | 1,949,054 | 2,014,030 | 1,113,177 | 1,898,671 | 1,231,987 | 8,195 | 261 | ||||
Operating Profit | -13,263 | -160,079 | -214,048 | -50,018 | -972,037 | 661,295 | 852,828 | 572,885 | 520,994 | -261 | ||||
Interest Payable | 36,584 | 40,709 | 115,399 | 150,688 | 71,243 | 67,942 | 126,649 | 138,170 | 46,719 | 49,751 | ||||
Interest Receivable | 10,398 | 9,396 | 9,056 | 2,866 | 3,080 | 0 | 379 | 94 | 0 | 0 | ||||
Pre-Tax Profit | -39,449 | -161,923 | -320,391 | -197,840 | -1,211,706 | 471,353 | 500,643 | 344,734 | 474,275 | -50,012 | ||||
Tax | 17,595 | 14,969 | 267,268 | 0 | 168,286 | -133,996 | -10,456 | -45,161 | 0 | 0 | ||||
Profit After Tax | -21,854 | -146,954 | -53,123 | -197,840 | -1,043,420 | 337,357 | 490,187 | 299,573 | 474,275 | -50,012 | ||||
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 11,016 | 11,055 | 0 | 0 | ||||
Retained Profit | -21,854 | -146,954 | -53,123 | -197,840 | -1,043,420 | 337,357 | 479,171 | 288,518 | 474,275 | -50,012 | ||||
Employee Costs | 1,518,474 | 1,724,184 | 1,917,082 | 1,735,713 | 1,658,178 | 1,704,362 | 1,281,489 | 0 | ||||||
Number Of Employees | 3 | 3 | 3 | 3 | 39 | 41 | 49 | 54 | 51 | 42 | 40 | 35 | ||
EBITDA* | 130,385 | -34,422 | -81,043 | 89,926 | -855,137 | 774,658 | 958,620 | 676,994 | 520,994 | -261 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 1,125,379 | 1,086,310 | 1,034,113 | 1,033,263 | 1,038,221 | 1,767,485 | 1,387,875 | 1,266,624 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 406,370 | 456,130 | 505,890 | 555,650 | 605,410 | 655,170 | 704,930 | 754,690 | 0 | 0 |
Investments & Other | 2,100,000 | 2,100,000 | 2,100,000 | 2,100,000 | 565,001 | 565,001 | 535,532 | 535,532 | 875,022 | 122,296 | 0 | -90,075 | 2,100,000 | 2,100,000 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 270,350 | 259,952 | 250,556 | 241,500 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 2,100,000 | 2,100,000 | 2,100,000 | 2,100,000 | 2,367,100 | 2,367,393 | 2,326,091 | 2,365,945 | 2,518,653 | 2,544,951 | 2,092,805 | 1,931,239 | 2,100,000 | 2,100,000 |
Stock & work in progress | 0 | 0 | 0 | 0 | 971,811 | 981,638 | 779,500 | 925,707 | 652,607 | 697,064 | 1,100,920 | 664,796 | 0 | 0 |
Trade Debtors | 0 | 0 | 0 | 0 | 1,200,195 | 1,462,762 | 1,159,168 | 2,064,335 | 3,567,065 | 3,548,103 | 4,002,655 | 1,596,570 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 112,450 | 88,995 | 0 | 1,069,438 | 601,186 | 1,397,580 | 2,228,070 | 993,604 | 422,948 | 201,081 | 87,331 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 9,027 | 103,083 | 517,696 | 268,149 | 516,001 | 3,612 | 345,464 | 451,084 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 0 | 112,450 | 88,995 | 0 | 3,250,471 | 3,148,669 | 3,853,944 | 5,486,261 | 5,729,277 | 4,671,727 | 5,650,120 | 2,799,781 | 0 | 0 |
total assets | 2,100,000 | 2,212,450 | 2,188,995 | 2,100,000 | 5,617,571 | 5,516,062 | 6,180,035 | 7,852,206 | 8,247,930 | 7,216,678 | 7,742,925 | 4,731,020 | 2,100,000 | 2,100,000 |
Bank overdraft | 0 | 0 | 0 | 0 | 478,943 | 530,883 | 836,125 | 1,314,351 | 2,475,365 | 202,275 | 0 | 0 | 540,775 | 607,559 |
Bank loan | 0 | 0 | 0 | 0 | 47,414 | 79,417 | 0 | 0 | 0 | 0 | 440,023 | 480,697 | 0 | 0 |
Trade Creditors | 0 | 0 | 0 | 0 | 2,848,292 | 2,389,745 | 2,526,990 | 2,218,505 | 2,774,004 | 2,276,705 | 3,492,392 | 1,116,841 | 0 | 0 |
Group/Directors Accounts | 671,984 | 850,524 | 827,069 | 738,075 | 0 | 0 | 0 | 0 | 0 | 623,678 | 488,311 | 488,409 | 784,103 | 1,103,257 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 281,022 | 1,160,728 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 34,723 | 56,329 | 39,746 | 39,683 | 43,037 | 39,439 | 0 | 0 |
other current liabilities | 665,035 | 542,827 | 482,835 | 468,546 | 1,950,573 | 2,152,857 | 2,262,205 | 3,518,348 | 1,800,161 | 1,293,367 | 750,590 | 675,873 | 702,372 | 700,000 |
total current liabilities | 1,337,019 | 1,393,351 | 1,309,904 | 1,206,621 | 5,325,222 | 5,152,902 | 5,660,043 | 7,107,533 | 7,089,276 | 4,435,708 | 5,495,375 | 3,961,987 | 2,027,250 | 2,410,816 |
loans | 0 | 0 | 0 | 0 | 0 | 47,325 | 126,906 | 272,020 | 347,263 | 607,531 | 250,000 | 250,000 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 25,913 | 32,025 | 49,032 | 75,476 | 98,874 | 41,629 | 7,077 | 22,295 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 90,810 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 5,306 | 826 | 0 | 0 | 0 | 60,851 | 62,987 | 39,332 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 31,219 | 80,176 | 175,938 | 347,496 | 446,137 | 710,011 | 410,874 | 311,627 | 0 | 0 |
total liabilities | 1,337,019 | 1,393,351 | 1,309,904 | 1,206,621 | 5,356,441 | 5,233,078 | 5,835,981 | 7,455,029 | 7,535,413 | 5,145,719 | 5,906,249 | 4,273,614 | 2,027,250 | 2,410,816 |
net assets | 762,981 | 819,099 | 879,091 | 893,379 | 261,130 | 282,984 | 344,054 | 397,177 | 712,517 | 2,070,959 | 1,836,676 | 457,406 | 72,750 | -310,816 |
total shareholders funds | 762,981 | 819,099 | 879,091 | 893,379 | 261,130 | 282,984 | 344,054 | 397,177 | 712,517 | 2,070,959 | 1,836,676 | 457,406 | 72,750 | -310,816 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | -13,263 | -160,079 | -214,048 | -50,018 | -972,037 | 661,295 | 852,828 | 572,885 | 520,994 | -261 | ||||
Depreciation | 0 | 0 | 0 | 0 | 93,888 | 75,897 | 83,245 | 90,184 | 67,140 | 63,603 | 56,032 | 62,642 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 49,760 | 49,760 | 49,760 | 49,760 | 49,760 | 49,760 | 49,760 | 41,467 | 0 | 0 |
Tax | 17,595 | 14,969 | 267,268 | 0 | 168,286 | -133,996 | -10,456 | -45,161 | 0 | 0 | ||||
Stock | 0 | 0 | 0 | -971,811 | -9,827 | 202,138 | -146,207 | 273,100 | -44,457 | -403,856 | 436,124 | 664,796 | 0 | 0 |
Debtors | -112,450 | 23,455 | 88,995 | -2,539,983 | 216,083 | -483,404 | -1,726,601 | -26,764 | 589,618 | -232,685 | 2,519,835 | 1,683,901 | 0 | 0 |
Creditors | 0 | 0 | 0 | -2,848,292 | 458,547 | -137,245 | 308,485 | -555,499 | 497,299 | -1,215,687 | 2,375,551 | 1,116,841 | 0 | 0 |
Accruals and Deferred Income | 122,208 | 59,992 | 14,289 | -1,482,027 | -202,284 | -109,348 | -1,256,143 | 1,718,187 | 506,794 | 542,777 | 74,717 | -26,499 | 2,372 | 700,000 |
Deferred Taxes & Provisions | 0 | 0 | 0 | -5,306 | 4,480 | 826 | 0 | 0 | -60,851 | -2,136 | 23,655 | 39,332 | 0 | 0 |
Cash flow from operations | 202,467 | 16,046 | 1,111,375 | 1,006,278 | -288,770 | 602,157 | 466,128 | -587,190 | 523,366 | 699,739 | ||||
Investing Activities | ||||||||||||||
capital expenditure | -38,928 | -105,918 | 322,084 | -112,062 | -390,978 | -400,325 | -431,270 | |||||||
Change in Investments | 0 | 0 | 0 | 1,534,999 | 0 | 29,469 | 0 | -339,490 | 752,726 | 122,296 | 90,075 | -2,190,075 | 0 | 2,100,000 |
cash flow from investments | -68,397 | -105,918 | 661,574 | -864,788 | -513,274 | -490,400 | 1,758,805 | |||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | -47,414 | -32,003 | 79,417 | 0 | 0 | 0 | -440,023 | -40,674 | 480,697 | 0 | 0 |
Group/Directors Accounts | -178,540 | 23,455 | 88,994 | 738,075 | 0 | 0 | 0 | 0 | -623,678 | 135,367 | -98 | -295,694 | -319,154 | 1,103,257 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -281,022 | -879,706 | 1,160,728 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | -47,325 | -79,581 | -145,114 | -75,243 | -260,268 | 357,531 | 0 | 250,000 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | -25,913 | -6,112 | -51,730 | -48,050 | -6,815 | 57,308 | 31,198 | -11,620 | 61,734 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -90,810 | 90,810 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | -26,186 | -31,313 | -106,343 | -147,822 | -68,163 | -67,942 | -126,270 | -138,076 | -46,719 | -49,751 | ||||
cash flow from financing | -111,626 | 2,677 | -299,507 | -347,380 | -1,209,823 | -458,775 | -67,459 | 1,615,527 | -456,582 | 792,702 | ||||
cash and cash equivalents | ||||||||||||||
cash | 0 | 0 | 0 | -9,027 | -94,056 | -414,613 | 249,547 | -247,852 | 512,389 | -341,852 | -105,620 | 451,084 | 0 | 0 |
overdraft | 0 | 0 | 0 | -478,943 | -51,940 | -305,242 | -478,226 | -1,161,014 | 2,273,090 | 202,275 | 0 | -540,775 | -66,784 | 607,559 |
change in cash | 0 | 0 | 0 | 469,916 | -42,116 | -109,371 | 727,773 | 913,162 | -1,760,701 | -544,127 | -105,620 | 991,859 | 66,784 | -607,559 |
carioca assets limited Credit Report and Business Information
Carioca Assets Limited Competitor Analysis
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.
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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Kenneth Beattie | 71 years | May 2007 | - | Director | |
Mr Kevin Huntley | 48 years | Sep 2014 | - | Director | |
Mr Graham Clark | England | 68 years | Sep 2014 | - | Director |
P&L
March 2023turnover
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 2023net 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
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.
carioca assets limited Companies House Filings - See Documents
date | description | view/download |
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