cvl (usa) limited
cvl (usa) limited Company Information
Company Number
07621269
Website
-Registered Address
mha macintyre hudson 6th floor, 2 london wall place, london, EC2Y 5AU
Industry
Activities of head offices
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
paul dunkley 75%
david hammond 25%
cvl (usa) limited Estimated Valuation
Pomanda estimates the enterprise value of CVL (USA) LIMITED at £39.7m based on a Turnover of £41.4m and 0.96x industry multiple (adjusted for size and gross margin).
cvl (usa) limited Estimated Valuation
Pomanda estimates the enterprise value of CVL (USA) LIMITED at £7.5m based on an EBITDA of £1.2m and a 6.43x industry multiple (adjusted for size and gross margin).
cvl (usa) limited Estimated Valuation
Pomanda estimates the enterprise value of CVL (USA) LIMITED at £1.7m based on Net Assets of £620.8k and 2.68x industry multiple (adjusted for liquidity).
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Cvl (usa) Limited Overview
Cvl (usa) Limited is a dissolved company that was located in london, EC2Y 5AU with a Companies House number of 07621269. It operated in the activities of head offices sector, SIC Code 70100. Founded in May 2011, it's largest shareholder was paul dunkley with a 75% stake. The last turnover for Cvl (usa) Limited was estimated at £41.4m.
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Cvl (usa) Limited Health Check
Pomanda's financial health check has awarded Cvl (Usa) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 7 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
7 Weak
Size
annual sales of £41.4m, make it larger than the average company (£18.1m)
£41.4m - Cvl (usa) Limited
£18.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (4.8%)
9% - Cvl (usa) Limited
4.8% - Industry AVG
Production
with a gross margin of 12.6%, this company has a higher cost of product (31.9%)
12.6% - Cvl (usa) Limited
31.9% - Industry AVG
Profitability
an operating margin of 2.6% make it less profitable than the average company (5%)
2.6% - Cvl (usa) Limited
5% - Industry AVG
Employees
with 63 employees, this is below the industry average (121)
63 - Cvl (usa) Limited
121 - Industry AVG
Pay Structure
on an average salary of £47.3k, the company has a higher pay structure (£39.3k)
£47.3k - Cvl (usa) Limited
£39.3k - Industry AVG
Efficiency
resulting in sales per employee of £656.7k, this is more efficient (£162.8k)
£656.7k - Cvl (usa) Limited
£162.8k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (49 days)
11 days - Cvl (usa) Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 80 days, this is slower than average (48 days)
80 days - Cvl (usa) Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 71 days, this is more than average (45 days)
71 days - Cvl (usa) Limited
45 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (12 weeks)
8 weeks - Cvl (usa) Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.7%, this is a higher level of debt than the average (62.6%)
83.7% - Cvl (usa) Limited
62.6% - Industry AVG
CVL (USA) LIMITED financials
Cvl (Usa) Limited's latest turnover from December 2017 is £41.4 million and the company has net assets of £620.8 thousand. According to their latest financial statements, Cvl (Usa) Limited has 63 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|
| Turnover | 41,374,551 | 33,270,366 | 28,424,977 | 32,311,698 | 19,052,578 | 16,894,789 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 36,166,689 | 28,426,353 | 24,282,061 | 27,824,801 | 16,600,281 | 14,659,309 | 0 |
| Gross Profit | 5,207,862 | 4,844,013 | 4,142,916 | 4,486,897 | 2,452,297 | 2,235,480 | 0 |
| Admin Expenses | 4,146,436 | 4,287,549 | 3,573,904 | 3,740,073 | 2,018,769 | 2,180,278 | 0 |
| Operating Profit | 1,061,426 | 556,464 | 569,012 | 746,824 | 433,528 | 55,202 | 0 |
| Interest Payable | 383,773 | 393,267 | 311,186 | 409,629 | 247,507 | 220,411 | 0 |
| Interest Receivable | 13,477 | 2,664 | 2,572 | 3,458 | 0 | 21,654 | 0 |
| Pre-Tax Profit | 691,130 | 165,862 | 260,398 | 340,653 | 186,021 | -143,555 | 0 |
| Tax | -59,882 | -59,745 | -73,273 | 0 | -192 | 0 | 0 |
| Profit After Tax | 631,249 | 106,117 | 187,125 | 340,653 | 185,829 | -143,555 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 631,249 | 106,117 | 127,232 | 233,236 | 147,420 | -115,726 | 0 |
| Employee Costs | 2,977,432 | 2,907,054 | 2,492,994 | 2,920,160 | 1,695,135 | 1,754,069 | 0 |
| Number Of Employees | 63 | 56 | 54 | 47 | 47 | 45 | |
| EBITDA* | 1,169,601 | 676,901 | 687,262 | 897,628 | 525,608 | 141,869 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 232,696 | 209,224 | 216,172 | 263,186 | 190,256 | 187,359 | 0 |
| Intangible Assets | 626,904 | 673,341 | 696,220 | 996,385 | 686,620 | 725,855 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 5,215 | 43,624 | 50,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 859,600 | 882,565 | 912,392 | 1,259,571 | 882,091 | 956,838 | 50,000 |
| Stock & work in progress | 7,111,536 | 4,857,580 | 5,805,061 | 6,160,230 | 4,007,598 | 3,219,998 | 0 |
| Trade Debtors | 1,347,923 | 896,816 | 464,624 | 593,288 | 388,157 | 425,404 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 339,077 | 331,308 | 287,810 | 340,355 | 48,186 | 13,238 | 0 |
| Cash | 1,488,063 | 1,129,555 | 901,126 | 820,473 | 598,603 | 480,381 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,286,600 | 7,215,259 | 7,458,622 | 7,914,346 | 5,042,544 | 4,139,021 | 0 |
| total assets | 11,146,200 | 8,097,825 | 8,371,014 | 9,173,917 | 5,924,635 | 5,095,859 | 50,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,940,626 | 5,229,491 | 5,794,062 | 5,943,955 | 3,953,784 | 3,382,275 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 115,349 | 115,349 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 585,996 | 573,430 | 453,847 | 591,231 | 499,880 | 368,876 | 0 |
| total current liabilities | 8,641,972 | 5,918,271 | 6,247,909 | 6,535,186 | 4,453,664 | 3,751,151 | 0 |
| loans | 692,094 | 807,443 | 1,785,182 | 2,400,000 | 1,449,013 | 1,476,469 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 692,094 | 807,444 | 1,785,183 | 2,400,000 | 1,449,013 | 1,476,469 | 0 |
| total liabilities | 9,334,066 | 6,725,715 | 8,033,092 | 8,935,186 | 5,902,677 | 5,227,620 | 0 |
| net assets | 620,794 | 369,438 | 267,366 | 188,396 | 21,958 | -131,761 | 50,000 |
| total shareholders funds | 620,794 | 369,438 | 267,366 | 188,396 | 21,958 | -131,761 | 50,000 |
| Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 1,061,426 | 556,464 | 569,012 | 746,824 | 433,528 | 55,202 | 0 |
| Depreciation | 61,738 | 74,000 | 73,333 | 90,417 | 52,845 | 47,432 | 0 |
| Amortisation | 46,437 | 46,437 | 44,917 | 60,387 | 39,235 | 39,235 | 0 |
| Tax | -59,882 | -59,745 | -73,273 | 0 | -192 | 0 | 0 |
| Stock | 2,253,956 | -947,481 | -355,169 | 2,152,632 | 787,600 | 3,219,998 | 0 |
| Debtors | 458,876 | 475,690 | -181,209 | 497,300 | -2,299 | 438,642 | 0 |
| Creditors | 2,711,135 | -564,571 | -149,893 | 1,990,171 | 571,509 | 3,382,275 | 0 |
| Accruals and Deferred Income | 12,566 | 119,583 | -137,384 | 91,351 | 131,004 | 368,876 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,120,588 | 643,959 | 863,090 | 329,218 | 442,628 | 234,380 | 0 |
| Investing Activities | |||||||
| capital expenditure | -85,208 | -59,735 | -93,740 | -38,483 | -53,783 | -80,787 | |
| Change in Investments | 0 | 0 | 0 | -5,215 | -38,409 | -6,376 | 50,000 |
| cash flow from investments | -85,208 | -59,735 | -93,740 | -33,268 | -15,374 | -74,411 | |
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 115,349 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -115,349 | -977,739 | -614,818 | 950,987 | -27,456 | 1,476,469 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -370,296 | -390,603 | -308,614 | -406,171 | -247,507 | -198,757 | 0 |
| cash flow from financing | -865,538 | -1,257,038 | -971,694 | 478,018 | -268,664 | 1,211,677 | 50,000 |
| cash and cash equivalents | |||||||
| cash | 358,508 | 228,429 | 80,653 | 221,870 | 118,222 | 480,381 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 358,508 | 228,429 | 80,653 | 221,870 | 118,222 | 480,381 | 0 |
cvl (usa) limited Credit Report and Business Information
Cvl (usa) Limited Competitor Analysis
Perform a competitor analysis for cvl (usa) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in EC2Y area or any other competitors across 12 key performance metrics.
cvl (usa) limited Ownership
CVL (USA) LIMITED group structure
Cvl (Usa) Limited has no subsidiary companies.
Ultimate parent company
CVL (USA) LIMITED
07621269
cvl (usa) limited directors
Cvl (Usa) Limited currently has 2 directors. The longest serving directors include Mr David Hammond (May 2011) and Mr Paul Dunkley (May 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Hammond | 61 years | May 2011 | - | Director | |
| Mr Paul Dunkley | United Kingdom | 65 years | May 2011 | - | Director |
P&L
December 2017turnover
41.4m
+24%
operating profit
1.1m
+91%
gross margin
12.6%
-13.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2017net assets
620.8k
+0.68%
total assets
11.1m
+0.38%
cash
1.5m
+0.32%
net assets
Total assets minus all liabilities
Similar Companies
cvl (usa) limited company details
company number
07621269
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
May 2011
age
13
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2017
previous names
de facto 1855 limited (May 2011)
accountant
-
auditor
-
address
mha macintyre hudson 6th floor, 2 london wall place, london, EC2Y 5AU
Bank
BARCLAYS BANK PLC
Legal Advisor
-
cvl (usa) 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 cvl (usa) limited.
cvl (usa) limited Companies House Filings - See Documents
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