city crossfit limited

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city crossfit limited Company Information

Share CITY CROSSFIT LIMITED

Company Number

08500424

Shareholders

kamil choleva

adam derby bailey

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Group Structure

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Industry

Fitness facilities

 

Registered Address

movement labs 78 alie street, london, E1 8PZ

city crossfit limited Estimated Valuation

£772.3k

Pomanda estimates the enterprise value of CITY CROSSFIT LIMITED at £772.3k based on a Turnover of £786.6k and 0.98x industry multiple (adjusted for size and gross margin).

city crossfit limited Estimated Valuation

£219.8k

Pomanda estimates the enterprise value of CITY CROSSFIT LIMITED at £219.8k based on an EBITDA of £49.7k and a 4.42x industry multiple (adjusted for size and gross margin).

city crossfit limited Estimated Valuation

£737.5k

Pomanda estimates the enterprise value of CITY CROSSFIT LIMITED at £737.5k based on Net Assets of £200.4k and 3.68x industry multiple (adjusted for liquidity).

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City Crossfit Limited Overview

City Crossfit Limited is a live company located in london, E1 8PZ with a Companies House number of 08500424. It operates in the fitness facilities sector, SIC Code 93130. Founded in April 2013, it's largest shareholder is kamil choleva with a 36.9% stake. City Crossfit Limited is a established, small sized company, Pomanda has estimated its turnover at £786.6k with declining growth in recent years.

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City Crossfit Limited Health Check

Pomanda's financial health check has awarded City Crossfit Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £786.6k, make it larger than the average company (£218.6k)

£786.6k - City Crossfit Limited

£218.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (15.7%)

-16% - City Crossfit Limited

15.7% - Industry AVG

production

Production

with a gross margin of 54.9%, this company has a higher cost of product (86.2%)

54.9% - City Crossfit Limited

86.2% - Industry AVG

profitability

Profitability

an operating margin of 6.3% make it more profitable than the average company (4.8%)

6.3% - City Crossfit Limited

4.8% - Industry AVG

employees

Employees

with 8 employees, this is above the industry average (6)

8 - City Crossfit Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £20.1k, the company has an equivalent pay structure (£20.1k)

£20.1k - City Crossfit Limited

£20.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £98.3k, this is more efficient (£64.2k)

£98.3k - City Crossfit Limited

£64.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 53 days, this is later than average (13 days)

53 days - City Crossfit Limited

13 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 10 days, this is quicker than average (76 days)

10 days - City Crossfit Limited

76 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - City Crossfit Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - City Crossfit Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 11.6%, this is a lower level of debt than the average (79%)

11.6% - City Crossfit Limited

79% - Industry AVG

CITY CROSSFIT LIMITED financials

EXPORTms excel logo

City Crossfit Limited's latest turnover from March 2024 is estimated at £786.6 thousand and the company has net assets of £200.4 thousand. According to their latest financial statements, we estimate that City Crossfit Limited has 8 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 2015Apr 2014
Turnover786,582486,708446,0191,320,3502,033,8841,230,080373,381266,88031,693
Other Income Or Grants
Cost Of Sales354,959216,035149,424629,342785,165399,794149,145112,97813,037
Gross Profit431,623270,673296,595691,0081,248,719830,285224,236153,90218,656
Admin Expenses381,894400,224460,740252,001435,3751,184,817771,847110,0322,89953,580
Operating Profit49,729-129,551-164,145439,007-435,37563,90258,438114,204151,003-34,924
Interest Payable
Interest Receivable114114
Pre-Tax Profit49,729-129,551-164,145439,121-435,26163,90258,438115,678142,419-34,767
Tax-12,432-83,433-12,141-11,103-24,315-21,491
Profit After Tax37,297-129,551-164,145355,688-435,26151,76147,33591,363120,928-34,767
Dividends Paid
Retained Profit37,297-129,551-164,145355,688-435,26151,76147,33591,363120,928-34,767
Employee Costs160,448229,240166,297386,810368,644223,58226,1311,2411,000
Number Of Employees866212114541
EBITDA*49,729-125,631-157,145439,007-435,37563,90258,438126,497152,163-34,924

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Apr 2014
Tangible Assets112,294108,374104,454111,454153,286185,560231,95141,70548,27655,132
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets112,294108,374104,454111,454153,286185,560231,95141,70548,27655,132
Stock & work in progress
Trade Debtors114,40791,531227,663273,319228,786136,945291,357210,647801
Group Debtors
Misc Debtors
Cash227,64562,799
misc current assets
total current assets114,40791,531227,663273,319227,645228,786136,945291,357210,64763,600
total assets226,701199,905332,117384,773380,931414,346368,896333,062258,923118,732
Bank overdraft
Bank loan
Trade Creditors 10,50110,50110,5015,283
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities10,50110,50110,5015,283
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities15,83626,33736,83750,0006,31112,52918,74812,000
provisions
total long term liabilities15,83626,33736,83750,0006,31112,52918,74812,000
total liabilities26,33736,83847,33850,0006,31117,81218,74812,000
net assets200,364163,067284,779334,773380,931414,346362,585315,250240,175106,732
total shareholders funds200,364163,067284,779334,773380,931414,346362,585315,250240,175106,732
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Apr 2014
Operating Activities
Operating Profit49,729-129,551-164,145439,007-435,37563,90258,438114,204151,003-34,924
Depreciation3,9207,00012,2931,160
Amortisation
Tax-12,432-83,433-12,141-11,103-24,315-21,491
Stock
Debtors22,876-136,132-45,656273,319-228,78691,841-154,41280,710209,846801
Creditors10,501-5,2835,283
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations14,42110,501-100,98882,255-206,589-40,080196,46426,755-79,174-35,725
Investing Activities
capital expenditure-3,920-7,84041,83232,27446,391-190,246-5,7225,696-55,132
Change in Investments
cash flow from investments-3,920-7,84041,83232,27446,391-190,246-5,7225,696-55,132
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-10,501-10,500-13,16350,000-6,311-6,218-6,2196,74812,000
share issue7,839114,151-401,846401,846-16,28812,515141,499
interest114114
cash flow from financing-10,501-2,661100,988-351,732401,960-6,311-6,218-22,50719,263153,499
cash and cash equivalents
cash-227,645227,645-62,79962,799
overdraft
change in cash-227,645227,645-62,79962,799

city crossfit 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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City Crossfit Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for city crossfit limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in E 1 area or any other competitors across 12 key performance metrics.

city crossfit limited Ownership

CITY CROSSFIT LIMITED group structure

City Crossfit Limited has no subsidiary companies.

Ultimate parent company

CITY CROSSFIT LIMITED

08500424

CITY CROSSFIT LIMITED Shareholders

kamil choleva 36.85%
adam derby bailey 34.15%
michael burke 11.83%
kevin ritchie 3.55%
peter townsend 2.96%
john ball 2.96%
shylen gondhia 2.96%
richard pike 2.37%
joe bourne 2.37%

city crossfit limited directors

City Crossfit Limited currently has 2 directors. The longest serving directors include Mr Adam Bailey (Apr 2013) and Mr Kamil Choleva (Apr 2013).

officercountryagestartendrole
Mr Adam BaileyEngland40 years Apr 2013- Director
Mr Kamil CholevaUnited Kingdom46 years Apr 2013- Director

P&L

March 2024

turnover

786.6k

+62%

operating profit

49.7k

0%

gross margin

54.9%

-1.33%

turnover

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

Balance Sheet

March 2024

net assets

200.4k

+0.23%

total assets

226.7k

+0.13%

cash

0

0%

net assets

Total assets minus all liabilities

city crossfit limited company details

company number

08500424

Type

Private limited with Share Capital

industry

93130 - Fitness facilities

incorporation date

April 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

movement labs 78 alie street, london, E1 8PZ

Bank

-

Legal Advisor

-

city crossfit 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 city crossfit limited.

city crossfit 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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city crossfit limited Companies House Filings - See Documents

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