clitheroe agricultural engineering limited Company Information
Company Number
07806557
Registered Address
first floor 12 st johns way, st johns business estate, downham market, norfolk, PE38 0QQ
Industry
Repair of machinery
Telephone
01760755665
Next Accounts Due
July 2025
Group Structure
View All
Directors
Michael Clitheroe13 Years
Shareholders
michael james clitheroe 55%
jacqueline clitheroe 45%
clitheroe agricultural engineering limited Estimated Valuation
Pomanda estimates the enterprise value of CLITHEROE AGRICULTURAL ENGINEERING LIMITED at £63.1k based on a Turnover of £99.3k and 0.63x industry multiple (adjusted for size and gross margin).
clitheroe agricultural engineering limited Estimated Valuation
Pomanda estimates the enterprise value of CLITHEROE AGRICULTURAL ENGINEERING LIMITED at £0 based on an EBITDA of £-6.2k and a 6.18x industry multiple (adjusted for size and gross margin).
clitheroe agricultural engineering limited Estimated Valuation
Pomanda estimates the enterprise value of CLITHEROE AGRICULTURAL ENGINEERING LIMITED at £0 based on Net Assets of £-21.7k and 3.81x industry multiple (adjusted for liquidity).
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Clitheroe Agricultural Engineering Limited Overview
Clitheroe Agricultural Engineering Limited is a live company located in downham market, PE38 0QQ with a Companies House number of 07806557. It operates in the repair of machinery sector, SIC Code 33120. Founded in October 2011, it's largest shareholder is michael james clitheroe with a 55% stake. Clitheroe Agricultural Engineering Limited is a established, micro sized company, Pomanda has estimated its turnover at £99.3k with declining growth in recent years.
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Clitheroe Agricultural Engineering Limited Health Check
Pomanda's financial health check has awarded Clitheroe Agricultural Engineering Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
8 Weak
Size
annual sales of £99.3k, make it smaller than the average company (£8m)
- Clitheroe Agricultural Engineering Limited
£8m - Industry AVG
Growth
3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (5.2%)
- Clitheroe Agricultural Engineering Limited
5.2% - Industry AVG
Production
with a gross margin of 31.9%, this company has a comparable cost of product (31.9%)
- Clitheroe Agricultural Engineering Limited
31.9% - Industry AVG
Profitability
an operating margin of -7.1% make it less profitable than the average company (5.1%)
- Clitheroe Agricultural Engineering Limited
5.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (26)
2 - Clitheroe Agricultural Engineering Limited
26 - Industry AVG
Pay Structure
on an average salary of £44.1k, the company has an equivalent pay structure (£44.1k)
- Clitheroe Agricultural Engineering Limited
£44.1k - Industry AVG
Efficiency
resulting in sales per employee of £49.7k, this is less efficient (£196.3k)
- Clitheroe Agricultural Engineering Limited
£196.3k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (58 days)
- Clitheroe Agricultural Engineering Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (38 days)
- Clitheroe Agricultural Engineering Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 46 days, this is less than average (80 days)
- Clitheroe Agricultural Engineering Limited
80 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (15 weeks)
12 weeks - Clitheroe Agricultural Engineering Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 188.1%, this is a higher level of debt than the average (56%)
188.1% - Clitheroe Agricultural Engineering Limited
56% - Industry AVG
CLITHEROE AGRICULTURAL ENGINEERING LIMITED financials
Clitheroe Agricultural Engineering Limited's latest turnover from October 2023 is estimated at £99.3 thousand and the company has net assets of -£21.7 thousand. According to their latest financial statements, Clitheroe Agricultural Engineering Limited has 2 employees and maintains cash reserves of £11 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,699 | 2,576 | 2,197 | 2,930 | 3,454 | 4,608 | 6,142 | 8,189 | 10,918 | 14,558 | 5,435 | 6,332 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,250 | 22,500 | 33,750 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 3,403 | 9,703 | 17,184 | 12,095 | 12,871 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,699 | 2,576 | 2,197 | 6,333 | 13,157 | 21,792 | 18,237 | 21,060 | 10,918 | 25,808 | 27,935 | 40,082 |
Stock & work in progress | 8,661 | 12,628 | 25,797 | 26,331 | 27,438 | 30,137 | 29,286 | 50,048 | 31,316 | 38,636 | 42,396 | 31,282 |
Trade Debtors | 1,883 | 833 | 2,873 | 0 | 0 | 0 | 0 | 0 | 12,239 | 52,002 | 13,672 | 14,345 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,432 | 2,986 | 1,501 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 10,991 | 3,925 | 9,183 | 8,709 | 9,347 | 11,738 | 19,331 | 31,552 | 27,810 | 18,578 | 43,658 | 12,945 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 22,967 | 20,372 | 39,354 | 35,040 | 36,785 | 41,875 | 48,617 | 81,600 | 71,365 | 109,216 | 99,726 | 58,572 |
total assets | 24,666 | 22,948 | 41,551 | 41,373 | 49,942 | 63,667 | 66,854 | 102,660 | 82,283 | 135,024 | 127,661 | 98,654 |
Bank overdraft | 112 | 107 | 122 | 0 | 99 | 364 | 234 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 928 | 822 | 2,976 | 0 | 1,538 | 4,291 | 452 | 69,705 | 52,297 | 90,387 | 119,548 | 96,228 |
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 | 45,354 | 37,023 | 37,908 | 0 | 33,168 | 35,938 | 41,276 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 46,394 | 37,952 | 41,006 | 0 | 34,805 | 40,593 | 41,962 | 69,705 | 52,297 | 90,387 | 119,548 | 96,228 |
loans | 0 | 0 | 0 | 32 | 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 | 0 | 41,240 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,266 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,638 | 2,183 | 2,911 | 2,353 | 0 |
total long term liabilities | 0 | 0 | 0 | 41,272 | 0 | 0 | 0 | 1,638 | 2,183 | 2,911 | 2,353 | 1,266 |
total liabilities | 46,394 | 37,952 | 41,006 | 41,272 | 34,805 | 40,593 | 41,962 | 71,343 | 54,480 | 93,298 | 121,901 | 97,494 |
net assets | -21,728 | -15,004 | 545 | 101 | 15,137 | 23,074 | 24,892 | 31,317 | 27,803 | 41,726 | 5,760 | 1,160 |
total shareholders funds | -21,728 | -15,004 | 545 | 101 | 15,137 | 23,074 | 24,892 | 31,317 | 27,803 | 41,726 | 5,760 | 1,160 |
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||
Operating Profit | ||||||||||||
Depreciation | 877 | 1,013 | 733 | 976 | 1,154 | 1,534 | 2,047 | 2,729 | 3,640 | 4,853 | 1,813 | 2,111 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,250 | 11,250 | 11,250 | 11,250 |
Tax | ||||||||||||
Stock | -3,967 | -13,169 | -534 | -1,107 | -2,699 | 851 | -20,762 | 18,732 | -7,320 | -3,760 | 11,114 | 31,282 |
Debtors | -504 | -555 | 971 | -6,300 | -7,481 | 5,089 | -776 | 632 | -39,763 | 38,330 | -673 | 14,345 |
Creditors | 106 | -2,154 | 2,976 | -1,538 | -2,753 | 3,839 | -69,253 | 17,408 | -38,090 | -29,161 | 23,320 | 96,228 |
Accruals and Deferred Income | 8,331 | -885 | 37,908 | -33,168 | -2,770 | -5,338 | 41,276 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -1,638 | -545 | -728 | 558 | 2,353 | 0 |
Cash flow from operations | ||||||||||||
Investing Activities | ||||||||||||
capital expenditure | ||||||||||||
Change in Investments | 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 |
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 | -32 | 32 | 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 | 0 | -41,240 | 41,240 | 0 | 0 | 0 | 0 | 0 | 0 | -1,266 | 1,266 |
share issue | ||||||||||||
interest | ||||||||||||
cash flow from financing | ||||||||||||
cash and cash equivalents | ||||||||||||
cash | 7,066 | -5,258 | 474 | -638 | -2,391 | -7,593 | -12,221 | 3,742 | 9,232 | -25,080 | 30,713 | 12,945 |
overdraft | 5 | -15 | 122 | -99 | -265 | 130 | 234 | 0 | 0 | 0 | 0 | 0 |
change in cash | 7,061 | -5,243 | 352 | -539 | -2,126 | -7,723 | -12,455 | 3,742 | 9,232 | -25,080 | 30,713 | 12,945 |
clitheroe agricultural engineering limited Credit Report and Business Information
Clitheroe Agricultural Engineering Limited Competitor Analysis
Perform a competitor analysis for clitheroe agricultural engineering limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in PE38 area or any other competitors across 12 key performance metrics.
clitheroe agricultural engineering limited Ownership
CLITHEROE AGRICULTURAL ENGINEERING LIMITED group structure
Clitheroe Agricultural Engineering Limited has no subsidiary companies.
Ultimate parent company
CLITHEROE AGRICULTURAL ENGINEERING LIMITED
07806557
clitheroe agricultural engineering limited directors
Clitheroe Agricultural Engineering Limited currently has 1 director, Mr Michael Clitheroe serving since Oct 2011.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Clitheroe | United Kingdom | 66 years | Oct 2011 | - | Director |
P&L
October 2023turnover
99.3k
+11%
operating profit
-7.1k
0%
gross margin
31.9%
+4.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-21.7k
+0.45%
total assets
24.7k
+0.07%
cash
11k
+1.8%
net assets
Total assets minus all liabilities
clitheroe agricultural engineering limited company details
company number
07806557
Type
Private limited with Share Capital
industry
33120 - Repair of machinery
incorporation date
October 2011
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
first floor 12 st johns way, st johns business estate, downham market, norfolk, PE38 0QQ
Bank
-
Legal Advisor
-
clitheroe agricultural engineering 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 clitheroe agricultural engineering limited.
clitheroe agricultural engineering limited Companies House Filings - See Documents
date | description | view/download |
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