Pomanda estimates the enterprise value of HARMLESS CIC at £591.4k based on a Turnover of £1.2m and 0.48x industry multiple (adjusted for size and gross margin).
harmless cicEstimated Valuation
£142.3k
Pomanda estimates the enterprise value of HARMLESS CIC at £142.3k based on an EBITDA of £39k and a 3.64x industry multiple (adjusted for size and gross margin).
harmless cicEstimated Valuation
£280.3k
Pomanda estimates the enterprise value of HARMLESS CIC at £280.3k based on Net Assets of £125.6k and 2.23x industry multiple (adjusted for liquidity).
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Harmless CicOverview
Harmless Cic is a live company located in nottingham, NG7 7LJ with a Companies House number of 07150904. It operates in the other human health activities sector, SIC Code 86900. Founded in February 2010, it's largest shareholder is
unknown.
Harmless Cic is a established,
small sized company, Pomanda has estimated its turnover at
£1.2m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Harmless Cic a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
3 Regular
5 Weak
Size
annual sales of £1.2m, make it larger than the average company (£642.8k)
£1.2m - Harmless Cic
£642.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (7.3%)
6% - Harmless Cic
7.3% - Industry AVG
Production
with a gross margin of 38.6%, this company has a comparable cost of product (38.6%)
38.6% - Harmless Cic
38.6% - Industry AVG
Profitability
an operating margin of 1.5% make it less profitable than the average company (5.3%)
1.5% - Harmless Cic
5.3% - Industry AVG
Employees
with 42 employees, this is above the industry average (16)
42 - Harmless Cic
16 - Industry AVG
Pay Structure
on an average salary of £26.1k, the company has an equivalent pay structure (£26.1k)
£26.1k - Harmless Cic
£26.1k - Industry AVG
Efficiency
resulting in sales per employee of £29.3k, this is less efficient (£48.3k)
£29.3k - Harmless Cic
£48.3k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is near the average (22 days)
26 days - Harmless Cic
22 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (18 days)
10 days - Harmless Cic
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Harmless Cic
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1897 weeks, this is more cash available to meet short term requirements (110 weeks)
1897 weeks - Harmless Cic
110 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.1%, this is a higher level of debt than the average (26.4%)
90.1% - Harmless Cic
26.4% - Industry AVG
HARMLESS CIC financials
EXPORT
Harmless Cic's latest turnover from February 2024 is £1.2 million and the company has net assets of £125.6 thousand. According to their latest financial statements, Harmless Cic has 42 employees and maintains cash reserves of £1 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Turnover
1,230,041
1,150,793
2,281,461
1,041,670
573,971
477,334
285,330
254,385
183,195
187,925
1,652,904
46,974
40,155
148,456
Other Income Or Grants
Cost Of Sales
754,940
708,458
1,450,582
681,322
366,769
308,891
177,950
13,715
6,534
2,374
1,032,628
28,346
842
885
Gross Profit
475,101
442,335
830,879
360,348
207,202
168,443
107,380
240,670
176,661
185,551
620,276
18,628
39,313
147,571
Admin Expenses
456,676
421,593
813,195
355,959
204,327
136,542
115,742
322,164
306,343
175,404
336,127
30,195
73,729
76,549
Operating Profit
18,425
20,742
17,684
4,389
2,875
31,901
-8,362
-81,494
-129,682
10,147
284,149
-11,567
-34,416
71,022
Interest Payable
3
Interest Receivable
12,918
3,342
1,988
153
15
16
5
290
118
11
13
Pre-Tax Profit
31,343
24,084
19,672
4,542
3,553
25,846
-8,362
-81,496
-129,666
10,152
284,439
-11,449
-34,408
71,035
Tax
-6,837
-5,748
-3,738
-863
-1,224
-6
144
-65,421
458
-482
Profit After Tax
24,506
18,336
15,934
3,679
2,329
25,840
-8,362
-81,352
-129,666
10,152
219,018
-11,449
-33,950
70,553
Dividends Paid
Retained Profit
24,506
18,336
15,934
3,679
2,329
25,840
-8,362
-81,352
-129,666
10,152
219,018
-11,449
-33,950
70,553
Employee Costs
1,095,684
1,047,126
1,220,516
692,326
474,270
361,339
300,710
243,689
237,446
136,232
938,478
42,811
54,463
61,535
Number Of Employees
42
42
51
30
23
20
16
7
5
5
44
2
2
4
EBITDA*
39,037
38,115
29,880
14,564
7,230
33,020
-6,965
-80,097
-128,197
11,723
285,493
-10,925
-33,773
71,665
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Tangible Assets
158,473
163,113
169,282
170,414
162,601
2,555
2,956
4,354
1,223
1,390
2,966
642
1,285
Intangible Assets
1,800
1,800
1,800
1,380
1,060
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
160,273
164,913
171,082
171,794
162,601
2,555
2,956
4,354
2,283
1,390
2,966
642
1,285
Stock & work in progress
624
1,713
1,600
1,786
3,393
4,285
Trade Debtors
89,236
53,972
214,245
66,260
133,211
247,602
38,690
46,201
11,948
63,694
143,356
2,353
1,434
129
Group Debtors
Misc Debtors
4,615
2,212
458
Cash
1,022,241
936,515
489,261
305,829
113,573
187,230
96,572
19,270
27,920
68,659
misc current assets
1,746
2,757
total current assets
1,111,477
990,487
703,506
372,089
133,211
247,602
38,690
46,201
130,760
254,849
241,528
25,155
35,962
73,073
total assets
1,271,750
1,155,400
874,588
543,883
295,812
250,157
41,646
50,555
133,043
256,239
244,494
25,155
36,604
74,358
Bank overdraft
Bank loan
Trade Creditors
21,171
19,194
16,066
13,142
10,394
8,900
6,701
7,248
8,384
1,914
321
3,805
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
6,837
5,748
4,003
total current liabilities
28,008
24,942
20,069
13,142
10,394
8,900
6,701
7,248
8,384
1,914
321
3,805
loans
hp & lease commitments
Accruals and Deferred Income
1,118,173
1,029,395
771,792
463,948
222,304
180,472
other liabilities
provisions
total long term liabilities
1,118,173
1,029,395
771,792
463,948
222,304
180,472
total liabilities
1,146,181
1,054,337
791,861
477,090
232,698
189,372
6,701
7,248
8,384
1,914
321
3,805
net assets
125,569
101,063
82,727
66,793
63,114
60,785
34,945
43,307
124,659
254,325
244,173
25,155
36,604
70,553
total shareholders funds
125,569
101,063
82,727
66,793
63,114
60,785
34,945
43,307
124,659
254,325
244,173
25,155
36,604
70,553
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Operating Activities
Operating Profit
18,425
20,742
17,684
4,389
2,875
31,901
-8,362
-81,494
-129,682
10,147
284,149
-11,567
-34,416
71,022
Depreciation
20,612
17,373
12,196
10,175
4,355
1,119
1,397
1,397
1,485
1,576
1,344
642
643
643
Amortisation
Tax
-6,837
-5,748
-3,738
-863
-1,224
-6
144
-65,421
458
-482
Stock
-624
-1,089
113
-186
-1,607
-892
4,285
Debtors
35,264
-160,273
147,985
-66,951
-114,391
208,912
-7,511
29,638
-49,343
-77,450
141,003
461
1,763
129
Creditors
1,977
3,128
2,924
2,748
1,494
2,199
-547
-1,136
6,470
1,593
321
-3,805
3,805
Accruals and Deferred Income
89,867
259,348
311,847
241,644
41,832
180,472
Deferred Taxes & Provisions
Cash flow from operations
88,780
455,116
192,928
325,044
163,723
6,773
-1
-110,103
-71,295
90,653
79,576
-9,779
-37,991
70,574
Investing Activities
capital expenditure
-15,972
-11,204
-11,484
-19,368
-164,401
-718
1
-3,468
-2,378
-4,310
-1,928
Change in Investments
cash flow from investments
-15,972
-11,204
-11,484
-19,368
-164,401
-718
1
-3,468
-2,378
-4,310
-1,928
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
12,918
3,342
1,988
153
15
16
5
290
118
8
13
cash flow from financing
12,918
3,342
1,988
153
15
16
5
290
118
9
13
cash and cash equivalents
cash
85,726
447,254
183,432
305,829
-113,573
-73,657
90,658
77,302
-8,650
-40,739
68,659
overdraft
change in cash
85,726
447,254
183,432
305,829
-113,573
-73,657
90,658
77,302
-8,650
-40,739
68,659
harmless cic Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for harmless cic. Get real-time insights into harmless cic's credit score, group structure and payment trends.
Perform a competitor analysis for harmless cic by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in NG7 area or any other competitors across 12 key performance metrics.
harmless cic Ownership
HARMLESS CIC group structure
Harmless Cic has no subsidiary companies.
Ultimate parent company
HARMLESS CIC
07150904
HARMLESS CIC Shareholders
The sole shareholder of Harmless Cic is -.
-
-
harmless cic directors
Harmless Cic currently has 4 directors.
The longest serving directors include
Ms Caroline Harroe (Feb 2010) and
Mr Darren Fox (Mar 2011).
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 harmless cic.
harmless cic 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.
Click to start generating capital raising & share issue transactions for HARMLESS CIC. This can take several minutes, an email will notify you when this has completed.
harmless cicCompanies House Filings - See Documents
