claxton composites limited

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claxton composites limited Company Information

Share CLAXTON COMPOSITES LIMITED

Company Number

08441706

Shareholders

emma louise claxton

william roland claxton

Group Structure

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Industry

Building of ships and floating structures

 +1

Registered Address

alpha house, 40 coinagehall street, helston, cornwall, TR13 8EQ

claxton composites limited Estimated Valuation

£586.7k

Pomanda estimates the enterprise value of CLAXTON COMPOSITES LIMITED at £586.7k based on a Turnover of £1.3m and 0.44x industry multiple (adjusted for size and gross margin).

claxton composites limited Estimated Valuation

£40.9k

Pomanda estimates the enterprise value of CLAXTON COMPOSITES LIMITED at £40.9k based on an EBITDA of £11.3k and a 3.63x industry multiple (adjusted for size and gross margin).

claxton composites limited Estimated Valuation

£240.4k

Pomanda estimates the enterprise value of CLAXTON COMPOSITES LIMITED at £240.4k based on Net Assets of £90.7k and 2.65x industry multiple (adjusted for liquidity).

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Claxton Composites Limited Overview

Claxton Composites Limited is a live company located in helston, TR13 8EQ with a Companies House number of 08441706. It operates in the building of ships and floating structures sector, SIC Code 30110. Founded in March 2013, it's largest shareholder is emma louise claxton with a 50% stake. Claxton Composites Limited is a established, small sized company, Pomanda has estimated its turnover at £1.3m with high growth in recent years.

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Claxton Composites Limited Health Check

Pomanda's financial health check has awarded Claxton Composites Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £1.3m, make it smaller than the average company (£17.3m)

£1.3m - Claxton Composites Limited

£17.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (11.1%)

17% - Claxton Composites Limited

11.1% - Industry AVG

production

Production

with a gross margin of 22.4%, this company has a comparable cost of product (22.4%)

22.4% - Claxton Composites Limited

22.4% - Industry AVG

profitability

Profitability

an operating margin of 0.3% make it less profitable than the average company (3.6%)

0.3% - Claxton Composites Limited

3.6% - Industry AVG

employees

Employees

with 11 employees, this is below the industry average (94)

11 - Claxton Composites Limited

94 - Industry AVG

paystructure

Pay Structure

on an average salary of £47k, the company has an equivalent pay structure (£47k)

£47k - Claxton Composites Limited

£47k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £120.4k, this is less efficient (£149.6k)

£120.4k - Claxton Composites Limited

£149.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 31 days, this is earlier than average (46 days)

31 days - Claxton Composites Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 66 days, this is slower than average (37 days)

66 days - Claxton Composites Limited

37 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 82 days, this is more than average (59 days)

82 days - Claxton Composites Limited

59 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (7 weeks)

1 weeks - Claxton Composites Limited

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 76.8%, this is a higher level of debt than the average (64.7%)

76.8% - Claxton Composites Limited

64.7% - Industry AVG

CLAXTON COMPOSITES LIMITED financials

EXPORTms excel logo

Claxton Composites Limited's latest turnover from March 2024 is estimated at £1.3 million and the company has net assets of £90.7 thousand. According to their latest financial statements, Claxton Composites Limited has 11 employees and maintains cash reserves of £7.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Turnover1,324,4531,528,4081,451,101831,7501,163,955665,489730,5661,128,762556,723815,687153,329
Other Income Or Grants
Cost Of Sales1,027,4821,195,9831,165,014705,613955,826537,618552,487873,826440,453618,098117,473
Gross Profit296,971332,425286,087126,137208,129127,872178,079254,936116,271197,58935,856
Admin Expenses292,859196,860280,989245,035179,694-7,852202,753260,128115,627190,71734,536
Operating Profit4,112135,5655,098-118,89828,435135,724-24,674-5,1926446,8721,320
Interest Payable10,38611,2653,6531,962
Interest Receivable3,9793,3115141062311,41233803319
Pre-Tax Profit8,091138,877-4,774-130,05725,014135,173-24,674-5,1597246,9051,339
Tax-2,023-26,387-4,753-25,683-145-1,450-308
Profit After Tax6,068112,490-4,774-130,05720,261109,490-24,674-5,1595795,4551,031
Dividends Paid
Retained Profit6,068112,490-4,774-130,05720,261109,490-24,674-5,1595795,4551,031
Employee Costs517,349545,732516,591458,917566,160363,763180,521374,676164,048263,56765,013
Number Of Employees11131312149511582
EBITDA*11,281141,68628,290-99,63941,712135,724-24,674-5,1927,4498,7103,258

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Tangible Assets36,52928,05435,67547,40539,49152,00361,23270,42120,4105,5135,814
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets36,52928,05435,67547,40539,49152,00361,23270,42120,4105,5135,814
Stock & work in progress232,258199,678188,601125,174
Trade Debtors115,420109,090143,947123,90039,18559,23768,25139,15874,6068,234
Group Debtors
Misc Debtors85,58641,17830,2589,310
Cash7,472144,11511,715125,26385,882376,40426,6605,4417,667
misc current assets
total current assets355,150452,883344,263336,023250,960445,84759,23768,25165,81880,04725,211
total assets391,679480,937379,938383,428290,451497,850120,469138,67286,22885,56031,025
Bank overdraft56,56016,9487,479
Bank loan
Trade Creditors 187,628216,713212,90420,46512,05834,892143,237136,76679,16179,07229,992
Group/Directors Accounts
other short term finances38,66544,66550,665
hp & lease commitments
other current liabilities19,32942,2481,54878,310109,795318,090
total current liabilities206,957258,961214,452194,000183,466411,126143,237136,76679,16179,07229,992
loans212,500
hp & lease commitments
Accruals and Deferred Income
other liabilities94,010137,332193,332
provisions
total long term liabilities94,010137,332193,332212,500
total liabilities300,967396,293407,784406,500183,466411,126143,237136,76679,16179,07229,992
net assets90,71284,644-27,846-23,072106,98586,724-22,7681,9067,0676,4881,033
total shareholders funds90,71284,644-27,846-23,072106,98586,724-22,7681,9067,0676,4881,033
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Operating Activities
Operating Profit4,112135,5655,098-118,89828,435135,724-24,674-5,1926446,8721,320
Depreciation7,1696,12123,19219,25913,2776,8051,8381,938
Amortisation
Tax-2,023-26,387-4,753-25,683-145-1,450-308
Stock32,58011,07763,427125,174
Debtors6,330-34,85758,361-79,49295,63510,206-9,01429,093-35,44857,06217,544
Creditors-29,0853,809192,4398,407-22,834-108,3456,47157,6058949,08029,992
Accruals and Deferred Income-22,91940,700-76,762-31,485-208,295318,090
Deferred Taxes & Provisions
Cash flow from operations-81,656183,58822,179-168,399-289,805309,580-9,18923,32042,841-72215,398
Investing Activities
capital expenditure-15,6441,500-11,462-27,173-7659,2299,189-50,011-21,702-1,537-7,752
Change in Investments
cash flow from investments-15,6441,500-11,462-27,173-7659,2299,189-50,011-21,702-1,537-7,752
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans -38,665-6,000-6,00050,665
Long term loans-212,500212,500
Hire Purchase and Lease Commitments
other long term liabilities-43,322-56,000193,332
share issue2-22
interest3,9793,311-9,872-11,159-3,422-55033803319
cash flow from financing-39,343-52,689-67,705195,341-9,42250,11731803321
cash and cash equivalents
cash-136,643132,400-113,54839,381-290,522376,404-26,66021,219-2,2267,667
overdraft-56,56039,6129,4697,479
change in cash-136,643132,400-56,988-231-299,991368,925-26,66021,219-2,2267,667

claxton composites limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Claxton Composites Limited Competitor Analysis

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Perform a competitor analysis for claxton composites limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in TR13 area or any other competitors across 12 key performance metrics.

claxton composites limited Ownership

CLAXTON COMPOSITES LIMITED group structure

Claxton Composites Limited has no subsidiary companies.

Ultimate parent company

CLAXTON COMPOSITES LIMITED

08441706

CLAXTON COMPOSITES LIMITED Shareholders

emma louise claxton 50%
william roland claxton 50%

claxton composites limited directors

Claxton Composites Limited currently has 2 directors. The longest serving directors include Mr William Claxton (Mar 2013) and Ms Emma Claxton (Mar 2013).

officercountryagestartendrole
Mr William ClaxtonUnited Kingdom47 years Mar 2013- Director
Ms Emma ClaxtonUnited Kingdom43 years Mar 2013- Director

P&L

March 2024

turnover

1.3m

-13%

operating profit

4.1k

0%

gross margin

22.5%

+3.09%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

90.7k

+0.07%

total assets

391.7k

-0.19%

cash

7.5k

-0.95%

net assets

Total assets minus all liabilities

claxton composites limited company details

company number

08441706

Type

Private limited with Share Capital

industry

30110 - Building of ships and floating structures

30120 - Building of pleasure and sporting boats

incorporation date

March 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

KITCHEN & BROWN ACCOUNTANTS LTD

auditor

-

address

alpha house, 40 coinagehall street, helston, cornwall, TR13 8EQ

Bank

-

Legal Advisor

-

claxton composites 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 1 charges/mortgages relating to claxton composites limited. Currently there are 1 open charges and 0 have been satisfied in the past.

claxton composites 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.

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claxton composites limited Companies House Filings - See Documents

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