armstrong craven limited
armstrong craven limited Company Information
Company Number
08559490
Website
www.armstrongcraven.comRegistered Address
c/o frp advisory trading limited, 4th floor abbey house, manchester, M2 4AB
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Telephone
02038555380
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
baronsmead second venture trust plc 38.8%
baronsmead venture trust plc 31.8%
View Allarmstrong craven limited Estimated Valuation
Pomanda estimates the enterprise value of ARMSTRONG CRAVEN LIMITED at £5.1m based on a Turnover of £9.4m and 0.54x industry multiple (adjusted for size and gross margin).
armstrong craven limited Estimated Valuation
Pomanda estimates the enterprise value of ARMSTRONG CRAVEN LIMITED at £0 based on an EBITDA of £-63.5k and a 9.33x industry multiple (adjusted for size and gross margin).
armstrong craven limited Estimated Valuation
Pomanda estimates the enterprise value of ARMSTRONG CRAVEN LIMITED at £0 based on Net Assets of £-608.4k and 1.56x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Armstrong Craven Limited Overview
Armstrong Craven Limited is a live company located in manchester, M2 4AB with a Companies House number of 08559490. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in June 2013, it's largest shareholder is baronsmead second venture trust plc with a 38.8% stake. Armstrong Craven Limited is a established, mid sized company, Pomanda has estimated its turnover at £9.4m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Armstrong Craven Limited Health Check
Pomanda's financial health check has awarded Armstrong Craven Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
3 Weak
Size
annual sales of £9.4m, make it larger than the average company (£7.8m)
£9.4m - Armstrong Craven Limited
£7.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (3.1%)
27% - Armstrong Craven Limited
3.1% - Industry AVG
Production
with a gross margin of 99.4%, this company has a lower cost of product (26.8%)
99.4% - Armstrong Craven Limited
26.8% - Industry AVG
Profitability
an operating margin of -1.1% make it less profitable than the average company (4.9%)
-1.1% - Armstrong Craven Limited
4.9% - Industry AVG
Employees
with 102 employees, this is above the industry average (35)
102 - Armstrong Craven Limited
35 - Industry AVG
Pay Structure
on an average salary of £52.9k, the company has an equivalent pay structure (£52.9k)
- Armstrong Craven Limited
£52.9k - Industry AVG
Efficiency
resulting in sales per employee of £92.6k, this is less efficient (£201.8k)
£92.6k - Armstrong Craven Limited
£201.8k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is earlier than average (50 days)
34 days - Armstrong Craven Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 1854 days, this is slower than average (10 days)
1854 days - Armstrong Craven Limited
10 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Armstrong Craven Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Armstrong Craven Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 119.2%, this is a higher level of debt than the average (68.6%)
119.2% - Armstrong Craven Limited
68.6% - Industry AVG
ARMSTRONG CRAVEN LIMITED financials
Armstrong Craven Limited's latest turnover from December 2022 is £9.4 million and the company has net assets of -£608.4 thousand. According to their latest financial statements, Armstrong Craven Limited has 102 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 9,448,419 | 8,638,678 | 3,518,242 | 4,649,569 | 6,271,821 | 7,692,708 | 8,398,478 | 5,721,649 | 4,827,982 | 2,193,567 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 54,065 | 8,602 | 3,273 | 21,108 | 11,611 | 25,754 | 13,364 | 12,959 | 54,708 | 23,746 |
| Gross Profit | 9,394,354 | 8,630,076 | 3,514,969 | 4,628,461 | 6,260,210 | 7,666,954 | 8,385,114 | 5,708,690 | 4,773,274 | 2,169,821 |
| Admin Expenses | 9,501,935 | 7,727,973 | 3,901,481 | 4,995,777 | 6,106,571 | 7,123,583 | 6,731,266 | 5,358,573 | 4,834,005 | 2,311,698 |
| Operating Profit | -107,581 | 902,103 | -386,512 | -367,316 | 153,639 | 543,371 | 1,653,848 | 350,117 | -60,731 | -141,877 |
| Interest Payable | 179,828 | 169,331 | 261,429 | 329,369 | 340,873 | 515,623 | 514,663 | 500,760 | 450,065 | 207,227 |
| Interest Receivable | 1 | 0 | 1 | 224 | 8,860 | 4,954 | 2,211 | 1,272 | 814 | 554 |
| Pre-Tax Profit | -287,408 | 732,772 | -647,940 | -696,461 | -178,374 | 32,702 | 1,141,396 | -149,371 | -509,982 | -348,550 |
| Tax | -158,036 | 145,918 | 20,245 | 8,888 | -42,786 | -17,957 | -219,187 | 80,008 | 48,000 | 0 |
| Profit After Tax | -445,444 | 878,690 | -627,695 | -687,573 | -221,160 | 14,745 | 922,209 | -69,363 | -461,982 | -348,550 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -445,444 | 878,690 | -627,695 | -687,573 | -221,160 | 14,745 | 922,209 | -69,363 | -461,982 | -348,550 |
| Employee Costs | 4,071,943 | 3,964,152 | 2,634,349 | 2,610,469 | 3,001,591 | 1,345,563 | ||||
| Number Of Employees | 102 | 71 | 50 | 60 | 68 | 61 | 57 | 58 | 56 | 55 |
| EBITDA* | -63,474 | 954,060 | -311,904 | -289,812 | 464,735 | 1,109,823 | 2,256,610 | 989,512 | 549,646 | 157,508 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 121,481 | 49,163 | 48,317 | 121,536 | 173,903 | 43,476 | 78,577 | 162,985 | 265,327 | 269,521 |
| Intangible Assets | 70,589 | 0 | 0 | 0 | 0 | 253,930 | 761,791 | 1,269,652 | 1,777,515 | 2,285,376 |
| Investments & Other | 51 | 51 | 51 | 51 | 51 | 0 | 1 | 1 | 1 | 1 |
| Debtors (Due After 1 year) | 26,161 | 10,672 | 1,122 | 11,225 | 11,225 | 7,355 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 218,282 | 59,886 | 49,490 | 132,812 | 185,179 | 304,761 | 840,369 | 1,432,638 | 2,042,843 | 2,554,898 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 888,071 | 2,302,357 | 640,082 | 992,560 | 857,961 | 1,731,828 | 1,830,241 | 1,864,841 | 999,917 | 1,017,004 |
| Group Debtors | 1,104,476 | 692,987 | 345,221 | 331,478 | 224,946 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 257,304 | 325,451 | 137,929 | 209,207 | 204,433 | 318,332 | 117,007 | 257,364 | 141,656 | 220,175 |
| Cash | 0 | 957,533 | 809,279 | 463,313 | 1,182,728 | 3,856,516 | 4,208,011 | 2,051,867 | 1,171,058 | 712,065 |
| misc current assets | 705,145 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,954,996 | 4,278,328 | 1,932,511 | 1,996,558 | 2,470,068 | 5,906,676 | 6,155,259 | 4,174,072 | 2,312,631 | 1,949,244 |
| total assets | 3,173,278 | 4,338,214 | 1,982,001 | 2,129,370 | 2,655,247 | 6,211,437 | 6,995,628 | 5,606,710 | 4,355,474 | 4,504,142 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 36,057 | 45,671 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 274,723 | 317,027 | 198,166 | 208,934 | 156,071 | 278,834 | 117,567 | 230,892 | 51,021 | 75,449 |
| Group/Directors Accounts | 0 | 0 | 0 | 44,609 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 1,812,947 | 1,745,150 | 4,572,322 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,290,134 | 2,000,196 | 800,037 | 817,795 | 812,502 | 1,197,125 | 1,563,421 | 1,202,841 | 577,874 | 690,196 |
| total current liabilities | 1,600,914 | 2,362,894 | 1,048,203 | 2,884,285 | 2,713,723 | 6,048,281 | 1,680,988 | 1,433,733 | 628,895 | 765,645 |
| loans | 2,180,777 | 2,138,289 | 1,975,457 | 0 | 0 | 0 | 5,068,715 | 4,854,865 | 4,343,775 | 3,602,568 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 291,143 |
| provisions | 0 | 0 | 0 | 8,520 | 17,385 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,180,777 | 2,138,289 | 1,975,457 | 8,520 | 17,385 | 0 | 5,068,715 | 4,854,865 | 4,343,775 | 3,893,711 |
| total liabilities | 3,781,691 | 4,501,183 | 3,023,660 | 2,892,805 | 2,731,108 | 6,048,281 | 6,749,703 | 6,288,598 | 4,972,670 | 4,659,356 |
| net assets | -608,413 | -162,969 | -1,041,659 | -763,435 | -75,861 | 163,156 | 245,925 | -681,888 | -617,196 | -155,214 |
| total shareholders funds | -608,413 | -162,969 | -1,041,659 | -763,435 | -75,861 | 163,156 | 245,925 | -681,888 | -617,196 | -155,214 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -107,581 | 902,103 | -386,512 | -367,316 | 153,639 | 543,371 | 1,653,848 | 350,117 | -60,731 | -141,877 |
| Depreciation | 44,107 | 51,957 | 74,608 | 77,504 | 57,166 | 58,591 | 94,901 | 131,532 | 102,516 | 45,455 |
| Amortisation | 0 | 0 | 0 | 0 | 253,930 | 507,861 | 507,861 | 507,863 | 507,861 | 253,930 |
| Tax | -158,036 | 145,918 | 20,245 | 8,888 | -42,786 | -17,957 | -219,187 | 80,008 | 48,000 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,055,455 | 2,207,113 | -420,116 | 245,905 | -758,950 | 110,267 | -174,957 | 980,632 | -95,606 | 1,237,179 |
| Creditors | -42,304 | 118,861 | -10,768 | 52,863 | -122,763 | 161,267 | -113,325 | 179,871 | -24,428 | 75,449 |
| Accruals and Deferred Income | -710,062 | 1,200,159 | -17,758 | 5,293 | -384,623 | -366,296 | 360,580 | 624,967 | -112,322 | 690,196 |
| Deferred Taxes & Provisions | 0 | 0 | -8,520 | -8,865 | 17,385 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 81,579 | 211,885 | 91,411 | -477,538 | 690,898 | 776,570 | 2,459,635 | 893,726 | 556,502 | -314,026 |
| Investing Activities | ||||||||||
| capital expenditure | -188,304 | -24,578 | -12,087 | -29,190 | -98,322 | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 51 | -1 | 0 | 0 | 0 | 1 |
| cash flow from investments | -188,355 | -24,577 | -12,087 | -29,190 | -98,322 | |||||
| Financing Activities | ||||||||||
| Bank loans | -9,614 | -4,329 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -44,609 | 44,609 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | -1,812,947 | 67,797 | -2,827,172 | 4,572,322 | 0 | 0 | 0 | 0 |
| Long term loans | 42,488 | 162,832 | 1,975,457 | 0 | 0 | -5,068,715 | 213,850 | 511,090 | 741,207 | 3,602,568 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -291,143 | 291,143 |
| share issue | ||||||||||
| interest | -179,827 | -169,331 | -261,428 | -329,145 | -332,013 | -510,669 | -512,452 | -499,488 | -449,251 | -206,673 |
| cash flow from financing | -146,953 | -10,828 | 255,944 | -216,740 | -3,177,042 | -1,104,576 | -292,998 | 16,273 | 813 | 3,880,374 |
| cash and cash equivalents | ||||||||||
| cash | -957,533 | 148,254 | 345,966 | -719,415 | -2,673,788 | -351,495 | 2,156,144 | 880,809 | 458,993 | 712,065 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -957,533 | 148,254 | 345,966 | -719,415 | -2,673,788 | -351,495 | 2,156,144 | 880,809 | 458,993 | 712,065 |
armstrong craven limited Credit Report and Business Information
Armstrong Craven Limited Competitor Analysis
Perform a competitor analysis for armstrong craven limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
armstrong craven limited Ownership
ARMSTRONG CRAVEN LIMITED group structure
Armstrong Craven Limited has 1 subsidiary company.
Ultimate parent company
ARMSTRONG CRAVEN LIMITED
08559490
1 subsidiary
armstrong craven limited directors
Armstrong Craven Limited currently has 2 directors. The longest serving directors include Mrs Rachel Davis (Jun 2013) and Mr Mark Bates (Feb 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Rachel Davis | 49 years | Jun 2013 | - | Director | |
| Mr Mark Bates | England | 65 years | Feb 2015 | - | Director |
P&L
December 2022turnover
9.4m
+9%
operating profit
-107.6k
-112%
gross margin
99.5%
-0.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-608.4k
+2.73%
total assets
3.2m
-0.27%
cash
0
-1%
net assets
Total assets minus all liabilities
armstrong craven limited company details
company number
08559490
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
June 2013
age
11
accounts
Small Company
ultimate parent company
previous names
acorn newco (2) limited (June 2013)
incorporated
UK
address
c/o frp advisory trading limited, 4th floor abbey house, manchester, M2 4AB
last accounts submitted
December 2022
armstrong craven 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 2 charges/mortgages relating to armstrong craven limited. Currently there are 0 open charges and 2 have been satisfied in the past.
armstrong craven limited Companies House Filings - See Documents
| date | description | view/download |
|---|
