cleantank limited
cleantank limited Company Information
Company Number
07152671
Website
-Registered Address
amsterdam road hull, amsterdam road, hull, HU7 0XF
Industry
Treatment and disposal of hazardous waste
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
cleaneco group limited 100%
cleantank limited Estimated Valuation
Pomanda estimates the enterprise value of CLEANTANK LIMITED at £1.9m based on a Turnover of £2.3m and 0.84x industry multiple (adjusted for size and gross margin).
cleantank limited Estimated Valuation
Pomanda estimates the enterprise value of CLEANTANK LIMITED at £0 based on an EBITDA of £-126.5k and a 6.15x industry multiple (adjusted for size and gross margin).
cleantank limited Estimated Valuation
Pomanda estimates the enterprise value of CLEANTANK LIMITED at £0 based on Net Assets of £-205.4k and 3.41x industry multiple (adjusted for liquidity).
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Cleantank Limited Overview
Cleantank Limited is a live company located in hull, HU7 0XF with a Companies House number of 07152671. It operates in the treatment and disposal of hazardous waste sector, SIC Code 38220. Founded in February 2010, it's largest shareholder is cleaneco group limited with a 100% stake. Cleantank Limited is a established, small sized company, Pomanda has estimated its turnover at £2.3m with rapid growth in recent years.
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Cleantank Limited Health Check
Pomanda's financial health check has awarded Cleantank Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
7 Weak
Size
annual sales of £2.3m, make it smaller than the average company (£13.2m)
- Cleantank Limited
£13.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 136%, show it is growing at a faster rate (5.2%)
- Cleantank Limited
5.2% - Industry AVG
Production
with a gross margin of 32.4%, this company has a comparable cost of product (32.4%)
- Cleantank Limited
32.4% - Industry AVG
Profitability
an operating margin of -8.1% make it less profitable than the average company (8.1%)
- Cleantank Limited
8.1% - Industry AVG
Employees
with 11 employees, this is below the industry average (66)
11 - Cleantank Limited
66 - Industry AVG
Pay Structure
on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)
- Cleantank Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £207k, this is equally as efficient (£190k)
- Cleantank Limited
£190k - Industry AVG
Debtor Days
it gets paid by customers after 88 days, this is later than average (60 days)
- Cleantank Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 49 days, this is close to average (53 days)
- Cleantank Limited
53 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is more than average (3 days)
- Cleantank Limited
3 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (4 weeks)
0 weeks - Cleantank Limited
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 109.8%, this is a higher level of debt than the average (56.5%)
109.8% - Cleantank Limited
56.5% - Industry AVG
cleantank limited Credit Report and Business Information
Cleantank Limited Competitor Analysis
Perform a competitor analysis for cleantank limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
cleantank limited Ownership
CLEANTANK LIMITED group structure
Cleantank Limited has no subsidiary companies.
cleantank limited directors
Cleantank Limited currently has 3 directors. The longest serving directors include Mr Ian Othick (Mar 2023) and Miss Keira Finnerty (Feb 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Othick | England | 29 years | Mar 2023 | - | Director |
| Miss Keira Finnerty | England | 45 years | Feb 2024 | - | Director |
| Mr David Cuckney | England | 49 years | Apr 2024 | - | Director |
CLEANTANK LIMITED financials
Cleantank Limited's latest turnover from April 2023 is estimated at £2.3 million and the company has net assets of -£205.4 thousand. According to their latest financial statements, Cleantank Limited has 11 employees and maintains cash reserves of £3.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | |||||||||||||
| Tax | |||||||||||||
| Profit After Tax | |||||||||||||
| Dividends Paid | |||||||||||||
| Retained Profit | |||||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 11 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,413,080 | 0 | 0 | 0 | 0 | 42,237 | 144,983 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,413,080 | 0 | 0 | 0 | 0 | 42,237 | 144,983 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 21,002 | 0 | 0 | 0 | 0 | 0 | 60,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 550,350 | 0 | 0 | 0 | 259 | 4,561 | 8,254 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 103,630 | 32,000 | 45,082 | 0 | 0 | 74,348 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Cash | 3,419 | 3,009 | 3,773 | 10 | 0 | 1,057 | 3,646 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 678,401 | 35,009 | 48,855 | 10 | 259 | 79,966 | 71,901 | 1 | 0 | 0 | 0 | 0 | 0 |
| total assets | 2,091,481 | 35,009 | 48,855 | 10 | 259 | 122,203 | 216,884 | 1 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 10,316 | 10,630 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 208,534 | 0 | 0 | 0 | 0 | 58,599 | 5,087 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 42,733 | 0 | 0 | 0 | 0 | 0 | 24,642 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,717,982 | 1,100 | 600 | 750 | 0 | 530 | 90,395 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,979,565 | 11,730 | 10,600 | 750 | 0 | 59,129 | 120,124 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 30,000 | 40,000 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 287,307 | 0 | 0 | 0 | 0 | 0 | 96,515 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 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 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 317,307 | 40,000 | 40,000 | 0 | 0 | 0 | 96,515 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,296,872 | 51,730 | 50,600 | 750 | 0 | 59,129 | 216,639 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | -205,391 | -16,721 | -1,745 | -740 | 259 | 63,074 | 245 | 1 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | -205,391 | -16,721 | -1,745 | -740 | 259 | 63,074 | 245 | 1 | 0 | 0 | 0 | 0 | 0 |
| Apr 2023 | Apr 2022 | Apr 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 57,676 | 0 | 0 | 0 | 3,228 | 3,421 | |||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Tax | |||||||||||||
| Stock | 21,002 | 0 | 0 | 0 | 0 | -60,000 | 60,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 621,980 | -13,082 | 45,082 | -259 | -78,650 | 70,654 | 8,254 | 1 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 208,534 | 0 | 0 | 0 | -58,599 | 53,512 | 5,087 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,716,882 | 500 | -150 | 750 | -530 | -89,865 | 90,395 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,000 | 0 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 330,040 | 0 | 0 | 0 | 0 | -121,157 | 121,157 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 410 | -764 | 3,763 | 10 | -1,057 | -2,589 | 3,646 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | -314 | 630 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 724 | -1,394 | -6,237 | 10 | -1,057 | -2,589 | 3,646 | 0 | 0 | 0 | 0 | 0 | 0 |
P&L
April 2023turnover
2.3m
+1351%
operating profit
-184.1k
0%
gross margin
32.5%
+3.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-205.4k
+11.28%
total assets
2.1m
+58.74%
cash
3.4k
+0.14%
net assets
Total assets minus all liabilities
Similar Companies
cleantank limited company details
company number
07152671
Type
Private limited with Share Capital
industry
38220 - Treatment and disposal of hazardous waste
incorporation date
February 2010
age
14
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
amsterdam road hull, amsterdam road, hull, HU7 0XF
last accounts submitted
April 2023
cleantank 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 2 charges/mortgages relating to cleantank limited. Currently there are 2 open charges and 0 have been satisfied in the past.
cleantank limited Companies House Filings - See Documents
| date | description | view/download |
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