c 1 2 see limited

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c 1 2 see limited Company Information

Share C 1 2 SEE LIMITED

Company Number

06489076

Directors

Kulbir Deagon

Shareholders

mrs suninder kaur deagon

mr kulbir singh deagon

Group Structure

View All

Industry

Retail sale by opticians

 

Registered Address

old bank buildings, upper high street, cradley heath, west midlands, B64 5HY

Website

-

c 1 2 see limited Estimated Valuation

£267.9k

Pomanda estimates the enterprise value of C 1 2 SEE LIMITED at £267.9k based on a Turnover of £443.7k and 0.6x industry multiple (adjusted for size and gross margin).

c 1 2 see limited Estimated Valuation

£0

Pomanda estimates the enterprise value of C 1 2 SEE LIMITED at £0 based on an EBITDA of £-3.1k and a 3.53x industry multiple (adjusted for size and gross margin).

c 1 2 see limited Estimated Valuation

£243.7k

Pomanda estimates the enterprise value of C 1 2 SEE LIMITED at £243.7k based on Net Assets of £86k and 2.84x industry multiple (adjusted for liquidity).

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C 1 2 See Limited Overview

C 1 2 See Limited is a live company located in cradley heath, B64 5HY with a Companies House number of 06489076. It operates in the retail sale by opticians sector, SIC Code 47782. Founded in January 2008, it's largest shareholder is mrs suninder kaur deagon with a 50% stake. C 1 2 See Limited is a established, micro sized company, Pomanda has estimated its turnover at £443.7k with healthy growth in recent years.

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C 1 2 See Limited Health Check

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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £443.7k, make it smaller than the average company (£2.5m)

£443.7k - C 1 2 See Limited

£2.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (13%)

5% - C 1 2 See Limited

13% - Industry AVG

production

Production

with a gross margin of 56.4%, this company has a comparable cost of product (68.1%)

56.4% - C 1 2 See Limited

68.1% - Industry AVG

profitability

Profitability

an operating margin of -0.7% make it less profitable than the average company (5.5%)

-0.7% - C 1 2 See Limited

5.5% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (16)

6 - C 1 2 See Limited

16 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)

£30.4k - C 1 2 See Limited

£30.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £74k, this is less efficient (£102k)

£74k - C 1 2 See Limited

£102k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 52 days, this is later than average (13 days)

52 days - C 1 2 See Limited

13 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 84 days, this is slower than average (50 days)

84 days - C 1 2 See Limited

50 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - C 1 2 See Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - C 1 2 See Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 47.4%, this is a lower level of debt than the average (58.8%)

47.4% - C 1 2 See Limited

58.8% - Industry AVG

C 1 2 SEE LIMITED financials

EXPORTms excel logo

C 1 2 See Limited's latest turnover from January 2024 is estimated at £443.7 thousand and the company has net assets of £86 thousand. According to their latest financial statements, C 1 2 See Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover443,720460,004276,082381,779537,795393,268181,013189,293283,02836,718146,846158,58753,39093,14326,910
Other Income Or Grants
Cost Of Sales193,294153,901101,225200,128233,561120,93149,53147,39686,25813,09049,18767,42129,82344,94914,425
Gross Profit250,426306,103174,857181,651304,234272,337131,482141,897196,77023,62897,66091,16623,56648,19312,485
Admin Expenses253,571292,870163,617159,700283,493269,092116,970116,387203,660-12087,06192,07950,21934,429-23,989
Operating Profit-3,14513,23311,24021,95120,7413,24514,51225,510-6,89023,74810,599-913-26,65313,76436,474
Interest Payable9101,0737408542,8892,889
Interest Receivable35321431871539913316578
Pre-Tax Profit-3,14513,23311,24021,95120,7412,37013,44224,772-7,60123,93510,752-3,703-29,40913,92936,551
Tax-2,514-2,136-4,171-3,941-450-4,341-3,897-5,026-2,473-3,900-10,234
Profit After Tax-3,14510,7199,10417,78016,8001,9209,10120,875-7,60118,9098,279-3,703-29,40910,02926,317
Dividends Paid10,00010,000
Retained Profit-3,14510,7199,10417,78016,8001,920-89910,875-7,60118,9098,279-3,703-29,40910,02926,317
Employee Costs182,691194,241143,653161,349222,266224,826217,295202,635204,22222,32443,65341,32419,28439,16020,136
Number Of Employees665799999122121
EBITDA*-3,14513,23311,24021,95120,7413,24527,22139,6184,85736,54925,45312,437-11,27514,88636,663

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets99,955110,324123,414124,882131,278115,01830,85235,40424,85827,91234,88927,57633,6513,365568
Intangible Assets94,89299,886105,143110,677116,501122,633129,088
Investments & Other17,427
Debtors (Due After 1 year)
Total Fixed Assets99,955110,324123,414124,882131,278115,018125,744135,290130,001156,016151,390150,209162,7393,365568
Stock & work in progress8,5008,5008,5008,5008,5008,500
Trade Debtors63,52782,75178,52838,87431,37818,6165,7715,0942,3971,2987,4007,5031,9754,3581,150
Group Debtors
Misc Debtors924
Cash9,2965,41622,13635,24939,56521,57618,10635,05531,136
misc current assets
total current assets63,52782,75178,52838,87431,37818,61624,49119,01033,03336,54755,46537,57928,58139,41332,286
total assets163,482193,075201,942163,756162,656133,634150,235154,300163,034192,563206,855187,788191,32042,77832,854
Bank overdraft
Bank loan10,3457,96017,500
Trade Creditors 44,85267,61063,44278,65087,29096,89217,12231,4816,314162,139133,931105,10280,4966,4306,535
Group/Directors Accounts91,354
other short term finances
hp & lease commitments
other current liabilities73,36381,16116,255
total current liabilities44,85267,61063,44278,65087,29096,892100,830120,602131,423162,139133,931105,10280,4966,4306,535
loans16,6048,78888,885
hp & lease commitments
Accruals and Deferred Income1,2181,4701,4891,3771,5002,025
other liabilities31,43734,87558,61014,43222,34961,40979,45015,000
provisions
total long term liabilities32,65536,34560,09915,80923,8492,02516,6048,78861,40979,450103,885
total liabilities77,507103,955123,54194,459111,13998,917117,434120,602140,211162,139195,340184,552184,3816,4306,535
net assets85,97589,12078,40169,29751,51734,71732,80133,69822,82330,42411,5153,2366,93936,34826,319
total shareholders funds85,97589,12078,40169,29751,51734,71732,80133,69822,82330,42411,5153,2366,93936,34826,319
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit-3,14513,23311,24021,95120,7413,24514,51225,510-6,89023,74810,599-913-26,65313,76436,474
Depreciation7,7158,8516,2136,9778,7226,8958,5841,122189
Amortisation4,9945,2575,5345,8246,1326,4556,794
Tax-2,514-2,136-4,171-3,941-450-4,341-3,897-5,026-2,473-3,900-10,234
Stock-8,5008,500-8,5008,500
Debtors-19,2244,22339,6547,49612,76211,9211,6012,6971,099-6,102-1035,528-2,3833,2081,150
Creditors-22,7584,168-15,208-8,640-9,60279,770-14,35925,167-155,82528,20828,82924,60674,066-1056,535
Accruals and Deferred Income-252-19112-123-525-71,338-7,79864,90616,255
Deferred Taxes & Provisions
Cash flow from operations-6,93110,645-45,6461,521-6,0897,806-878123,097-144,31274,33351,91231,51556,6747,67331,814
Investing Activities
capital expenditure10,36913,0901,4686,396-16,26010,726-3,163-19,397-3,159-16,035-820-174,752-3,919-757
Change in Investments-17,42717,427
cash flow from investments10,36913,0901,4686,396-16,26010,726-3,163-19,39714,268-17,427-16,035-820-174,752-3,919-757
Financing Activities
Bank loans-10,3452,385-9,54017,500
Group/Directors Accounts-91,35491,354
Other Short Term Loans
Long term loans-16,60416,604-8,7888,788-88,88588,885
Hire Purchase and Lease Commitments
other long term liabilities-3,438-23,73544,178-7,91722,349-61,409-18,04164,45015,000
share issue-422
interest-875-1,070-738-711187153-2,790-2,75616578
cash flow from financing-3,438-23,73544,178-7,91722,349-27,82817,921-110,420116,931-61,222-17,888-27,225101,12916580
cash and cash equivalents
cash-9,2963,880-16,720-13,113-4,31617,9893,470-16,9493,91931,136
overdraft
change in cash-9,2963,880-16,720-13,113-4,31617,9893,470-16,9493,91931,136

c 1 2 see 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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C 1 2 See Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for c 1 2 see limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in B64 area or any other competitors across 12 key performance metrics.

c 1 2 see limited Ownership

C 1 2 SEE LIMITED group structure

C 1 2 See Limited has no subsidiary companies.

Ultimate parent company

C 1 2 SEE LIMITED

06489076

C 1 2 SEE LIMITED Shareholders

mrs suninder kaur deagon 50%
mr kulbir singh deagon 50%

c 1 2 see limited directors

C 1 2 See Limited currently has 1 director, Mr Kulbir Deagon serving since Jan 2008.

officercountryagestartendrole
Mr Kulbir DeagonEngland48 years Jan 2008- Director

P&L

January 2024

turnover

443.7k

-4%

operating profit

-3.1k

0%

gross margin

56.5%

-15.19%

turnover

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

Balance Sheet

January 2024

net assets

86k

-0.04%

total assets

163.5k

-0.15%

cash

0

0%

net assets

Total assets minus all liabilities

c 1 2 see limited company details

company number

06489076

Type

Private limited with Share Capital

industry

47782 - Retail sale by opticians

incorporation date

January 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

old bank buildings, upper high street, cradley heath, west midlands, B64 5HY

Bank

-

Legal Advisor

-

c 1 2 see 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 found 1 charges/mortgages relating to c 1 2 see limited. Currently there are 1 open charges and 0 have been satisfied in the past.

c 1 2 see limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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c 1 2 see limited Companies House Filings - See Documents

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