chair covers (uk) limited
chair covers (uk) limited Company Information
Company Number
07635737
Next Accounts
Feb 2025
Industry
Retail sale via mail order houses or via Internet
Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Directors
Shareholders
sharanjeet malhi
avtar malhi
Group Structure
View All
Contact
Registered Address
west midlands house ltd, mailbox 6, willenhall, west midlands, WV13 2HA
Website
www.chaircover4wedding.co.ukchair covers (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of CHAIR COVERS (UK) LIMITED at £396.2k based on a Turnover of £1m and 0.39x industry multiple (adjusted for size and gross margin).
chair covers (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of CHAIR COVERS (UK) LIMITED at £5.4k based on an EBITDA of £2k and a 2.66x industry multiple (adjusted for size and gross margin).
chair covers (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of CHAIR COVERS (UK) LIMITED at £123.2k based on Net Assets of £54.2k and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Chair Covers (uk) Limited Overview
Chair Covers (uk) Limited is a live company located in willenhall, WV13 2HA with a Companies House number of 07635737. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in May 2011, it's largest shareholder is sharanjeet malhi with a 50% stake. Chair Covers (uk) Limited is a established, small sized company, Pomanda has estimated its turnover at £1m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Chair Covers (uk) Limited Health Check
Pomanda's financial health check has awarded Chair Covers (Uk) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £1m, make it smaller than the average company (£5m)
- Chair Covers (uk) Limited
£5m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (6%)
- Chair Covers (uk) Limited
6% - Industry AVG
Production
with a gross margin of 25%, this company has a higher cost of product (42%)
- Chair Covers (uk) Limited
42% - Industry AVG
Profitability
an operating margin of 0.2% make it less profitable than the average company (6.9%)
- Chair Covers (uk) Limited
6.9% - Industry AVG
Employees
with 4 employees, this is below the industry average (21)
4 - Chair Covers (uk) Limited
21 - Industry AVG
Pay Structure
on an average salary of £35.8k, the company has an equivalent pay structure (£35.8k)
- Chair Covers (uk) Limited
£35.8k - Industry AVG
Efficiency
resulting in sales per employee of £251.1k, this is more efficient (£179.9k)
- Chair Covers (uk) Limited
£179.9k - Industry AVG
Debtor Days
it gets paid by customers after 121 days, this is later than average (40 days)
- Chair Covers (uk) Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 136 days, this is slower than average (41 days)
- Chair Covers (uk) Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Chair Covers (uk) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Chair Covers (uk) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.8%, this is a higher level of debt than the average (68.3%)
83.8% - Chair Covers (uk) Limited
68.3% - Industry AVG
CHAIR COVERS (UK) LIMITED financials
Chair Covers (Uk) Limited's latest turnover from May 2023 is estimated at £1 million and the company has net assets of £54.2 thousand. According to their latest financial statements, Chair Covers (Uk) Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 255,306 | 69,065 | ||||||||||
| Other Income Or Grants | 0 | 0 | ||||||||||
| Cost Of Sales | 216,263 | 44,896 | ||||||||||
| Gross Profit | 39,043 | 24,169 | ||||||||||
| Admin Expenses | 23,125 | 7,637 | ||||||||||
| Operating Profit | 15,918 | 16,532 | ||||||||||
| Interest Payable | 48 | 6 | ||||||||||
| Interest Receivable | 0 | 0 | ||||||||||
| Pre-Tax Profit | 15,918 | 16,532 | ||||||||||
| Tax | -3,184 | -3,306 | ||||||||||
| Profit After Tax | 12,734 | 13,226 | ||||||||||
| Dividends Paid | 10,000 | 12,000 | ||||||||||
| Retained Profit | 2,734 | 1,226 | ||||||||||
| Employee Costs | 3,225 | 1,153 | ||||||||||
| Number Of Employees | 4 | 4 | 4 | 3 | 3 | |||||||
| EBITDA* | 15,918 | 16,532 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 433 | 396 | 4,089 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 433 | 396 | 4,089 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 90,000 | 172,000 | 50,000 | 50,000 | 0 |
| Trade Debtors | 334,878 | 346,876 | 424,446 | 311,467 | 173,054 | 152,004 | 236,695 | 0 | 0 | 23,369 | 6,928 | 6,087 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,475 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 136,877 | 60,353 | 98,787 | 52,521 | 1,715 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 334,878 | 346,876 | 424,446 | 311,467 | 173,054 | 152,004 | 236,695 | 226,877 | 232,353 | 172,156 | 109,449 | 11,277 |
| total assets | 334,878 | 346,876 | 424,446 | 311,467 | 173,054 | 152,437 | 237,091 | 230,966 | 232,353 | 172,156 | 109,449 | 11,277 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 280,686 | 294,197 | 71,000 | 294,444 | 158,483 | 143,023 | 228,639 | 203,274 | 210,072 | 166,995 | 8,008 | 5,908 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,104 | 15,632 | 0 | 97,381 | 4,043 |
| total current liabilities | 280,686 | 294,197 | 71,000 | 294,444 | 158,483 | 143,023 | 228,639 | 223,378 | 225,704 | 166,995 | 105,389 | 9,951 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 120,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 120,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 280,686 | 294,197 | 191,000 | 294,444 | 158,483 | 143,023 | 228,639 | 223,378 | 225,704 | 166,995 | 105,389 | 9,951 |
| net assets | 54,192 | 52,679 | 233,446 | 17,023 | 14,571 | 9,414 | 8,452 | 7,588 | 6,649 | 5,161 | 4,060 | 1,326 |
| total shareholders funds | 54,192 | 52,679 | 233,446 | 17,023 | 14,571 | 9,414 | 8,452 | 7,588 | 6,649 | 5,161 | 4,060 | 1,326 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 15,918 | 16,532 | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -3,184 | -3,306 | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -90,000 | -82,000 | 122,000 | 0 | 50,000 | 0 |
| Debtors | -11,998 | -77,570 | 112,979 | 138,413 | 21,050 | -84,691 | 236,695 | 0 | -23,369 | 16,441 | -2,634 | 9,562 |
| Creditors | -13,511 | 223,197 | -223,444 | 135,961 | 15,460 | -85,616 | 25,365 | -6,798 | 43,077 | 158,987 | 2,100 | 5,908 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | -20,104 | 4,472 | 15,632 | -97,381 | 93,338 | 4,043 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 60,806 | 13,615 | ||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | -433 | 37 | -3,693 | 4,089 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -120,000 | 120,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | -48 | -6 | ||||||||||
| cash flow from financing | -48 | 94 | ||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -136,877 | 76,524 | -38,434 | 46,266 | 50,806 | 1,715 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -136,877 | 76,524 | -38,434 | 46,266 | 50,806 | 1,715 |
chair covers (uk) limited Credit Report and Business Information
Chair Covers (uk) Limited Competitor Analysis
Perform a competitor analysis for chair covers (uk) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in WV13 area or any other competitors across 12 key performance metrics.
chair covers (uk) limited Ownership
CHAIR COVERS (UK) LIMITED group structure
Chair Covers (Uk) Limited has no subsidiary companies.
Ultimate parent company
CHAIR COVERS (UK) LIMITED
07635737
chair covers (uk) limited directors
Chair Covers (Uk) Limited currently has 1 director, Mr Avtar Malhi serving since May 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Avtar Malhi | United Kingdom | 42 years | May 2011 | - | Director |
P&L
May 2023turnover
1m
+4%
operating profit
2k
0%
gross margin
25.1%
+1.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
54.2k
+0.03%
total assets
334.9k
-0.03%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
chair covers (uk) limited company details
company number
07635737
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
incorporation date
May 2011
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
A SINGH ACCOUNTANCY
auditor
-
address
west midlands house ltd, mailbox 6, willenhall, west midlands, WV13 2HA
Bank
-
Legal Advisor
-
chair covers (uk) 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 chair covers (uk) limited.
chair covers (uk) 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.
Click to start generating capital raising & share issue transactions for CHAIR COVERS (UK) LIMITED. This can take several minutes, an email will notify you when this has completed.
chair covers (uk) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
