carder technology ltd

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carder technology ltd Company Information

Share CARDER TECHNOLOGY LTD

Company Number

08454024

Shareholders

matthew stephen carder

christopher david carder

Group Structure

View All

Industry

Machining

 

Registered Address

unit 1c, grange hill industrial estate, barnstaple, devon, EX31 4UH

carder technology ltd Estimated Valuation

£254.6k

Pomanda estimates the enterprise value of CARDER TECHNOLOGY LTD at £254.6k based on a Turnover of £777.3k and 0.33x industry multiple (adjusted for size and gross margin).

carder technology ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of CARDER TECHNOLOGY LTD at £0 based on an EBITDA of £-23.5k and a 2.57x industry multiple (adjusted for size and gross margin).

carder technology ltd Estimated Valuation

£184.1k

Pomanda estimates the enterprise value of CARDER TECHNOLOGY LTD at £184.1k based on Net Assets of £109.4k and 1.68x industry multiple (adjusted for liquidity).

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Carder Technology Ltd Overview

Carder Technology Ltd is a live company located in barnstaple, EX31 4UH with a Companies House number of 08454024. It operates in the machining sector, SIC Code 25620. Founded in March 2013, it's largest shareholder is matthew stephen carder with a 50% stake. Carder Technology Ltd is a established, small sized company, Pomanda has estimated its turnover at £777.3k with healthy growth in recent years.

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Carder Technology Ltd Health Check

Pomanda's financial health check has awarded Carder Technology Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £777.3k, make it smaller than the average company (£10.5m)

£777.3k - Carder Technology Ltd

£10.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (7.2%)

6% - Carder Technology Ltd

7.2% - Industry AVG

production

Production

with a gross margin of 18.3%, this company has a higher cost of product (28.4%)

18.3% - Carder Technology Ltd

28.4% - Industry AVG

profitability

Profitability

an operating margin of -3% make it less profitable than the average company (6.1%)

-3% - Carder Technology Ltd

6.1% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (80)

3 - Carder Technology Ltd

80 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.1k, the company has an equivalent pay structure (£46.1k)

£46.1k - Carder Technology Ltd

£46.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £259.1k, this is more efficient (£143.9k)

£259.1k - Carder Technology Ltd

£143.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 116 days, this is later than average (61 days)

116 days - Carder Technology Ltd

61 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 122 days, this is slower than average (47 days)

122 days - Carder Technology Ltd

47 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Carder Technology Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Carder Technology Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 80.7%, this is a higher level of debt than the average (48.2%)

80.7% - Carder Technology Ltd

48.2% - Industry AVG

CARDER TECHNOLOGY LTD financials

EXPORTms excel logo

Carder Technology Ltd's latest turnover from March 2024 is estimated at £777.3 thousand and the company has net assets of £109.4 thousand. According to their latest financial statements, Carder Technology Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Turnover777,282358,541325,991648,060484,784438,571403,951629,264184,920129,282
Other Income Or Grants
Cost Of Sales635,108297,717270,823537,272388,186353,528320,883492,325142,41299,390
Gross Profit142,17460,82455,168110,78796,59885,04283,069136,93942,50929,892
Admin Expenses165,65973,196110,06230,622105,72268,02850,88089,7829,279-20,527
Operating Profit-23,485-12,372-54,89480,165-9,12417,01432,18947,15733,23050,419
Interest Payable
Interest Receivable8424375
Pre-Tax Profit-23,485-12,372-54,89480,165-9,12417,01432,18947,24133,47350,494
Tax-15,231-3,233-6,116-9,448-6,694-10,604
Profit After Tax-23,485-12,372-54,89464,934-9,12413,78126,07337,79326,77839,890
Dividends Paid
Retained Profit-23,485-12,372-54,89464,934-9,12413,78126,07337,79326,77839,890
Employee Costs138,224129,930127,500162,083120,267114,474111,726146,127104,25934,188
Number Of Employees3334333431
EBITDA*-23,485-12,372-54,89480,165-9,12417,01432,18947,15762,62258,766

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Tangible Assets320,135209,935258,519294,170196,636239,151196,191201,153201,93392,232
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets320,135209,935258,519294,170196,636239,151196,191201,153201,93392,232
Stock & work in progress600
Trade Debtors247,391103,56699,158219,499136,846132,288140,911162,67678,52831,762
Group Debtors
Misc Debtors8,829
Cash67,02330,035
misc current assets
total current assets247,391103,56699,158219,499136,846132,288140,911162,676154,98061,797
total assets567,526313,501357,677513,669333,482371,439337,102363,829356,913154,029
Bank overdraft
Bank loan
Trade Creditors 212,47287,75972,322126,690154,085129,94072,505122,8832,16630,615
Group/Directors Accounts
other short term finances
hp & lease commitments47,687
other current liabilities31,640
total current liabilities212,47287,75972,322126,690154,085129,94072,505122,88381,49330,615
loans
hp & lease commitments
Accruals and Deferred Income1,3651,3651,3651,3651,3651,3651,5701,300
other liabilities244,31591,518138,759185,48942,84195,819132,493135,185181,73865,158
provisions27,01218,364
total long term liabilities245,68092,883140,124186,85444,20697,184134,063136,485208,75083,522
total liabilities458,152180,642212,446313,544198,291227,124206,568259,368290,243114,137
net assets109,374132,859145,231200,125135,191144,315130,534104,46166,67039,892
total shareholders funds109,374132,859145,231200,125135,191144,315130,534104,46166,67039,892
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Operating Activities
Operating Profit-23,485-12,372-54,89480,165-9,12417,01432,18947,15733,23050,419
Depreciation29,3928,347
Amortisation
Tax-15,231-3,233-6,116-9,448-6,694-10,604
Stock-600600
Debtors143,8254,408-120,34182,6534,558-8,623-21,76575,31955,59531,762
Creditors124,71315,437-54,368-27,39524,14557,435-50,378120,717-28,44930,615
Accruals and Deferred Income-205270-30,34031,640
Deferred Taxes & Provisions-27,0128,64818,364
Cash flow from operations-42,597-1,34311,079-45,11410,46379,634-2,27026,35511,57265,379
Investing Activities
capital expenditure-110,20048,58435,651-97,53442,515-42,9604,962780-139,093-100,579
Change in Investments
cash flow from investments-110,20048,58435,651-97,53442,515-42,9604,962780-139,093-100,579
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-47,68747,687
other long term liabilities152,797-47,241-46,730142,648-52,978-36,674-2,692-46,553116,58065,158
share issue-22
interest8424375
cash flow from financing152,797-47,241-46,730142,648-52,978-36,674-2,692-94,158164,51065,235
cash and cash equivalents
cash-67,02336,98830,035
overdraft
change in cash-67,02336,98830,035

carder technology ltd 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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Carder Technology Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for carder technology ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in EX31 area or any other competitors across 12 key performance metrics.

carder technology ltd Ownership

CARDER TECHNOLOGY LTD group structure

Carder Technology Ltd has no subsidiary companies.

Ultimate parent company

CARDER TECHNOLOGY LTD

08454024

CARDER TECHNOLOGY LTD Shareholders

matthew stephen carder 50%
christopher david carder 50%

carder technology ltd directors

Carder Technology Ltd currently has 2 directors. The longest serving directors include Mr Matthew Carder (Mar 2013) and Mr Christopher Carder (Mar 2013).

officercountryagestartendrole
Mr Matthew CarderUnited Kingdom42 years Mar 2013- Director
Mr Christopher CarderEngland44 years Mar 2013- Director

P&L

March 2024

turnover

777.3k

+117%

operating profit

-23.5k

0%

gross margin

18.3%

+7.82%

turnover

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

Balance Sheet

March 2024

net assets

109.4k

-0.18%

total assets

567.5k

+0.81%

cash

0

0%

net assets

Total assets minus all liabilities

carder technology ltd company details

company number

08454024

Type

Private limited with Share Capital

industry

25620 - Machining

incorporation date

March 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

unit 1c, grange hill industrial estate, barnstaple, devon, EX31 4UH

Bank

-

Legal Advisor

-

carder technology ltd 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 carder technology ltd. Currently there are 1 open charges and 0 have been satisfied in the past.

carder technology ltd 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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carder technology ltd Companies House Filings - See Documents

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