Pomanda estimates the enterprise value of CASTLE HVAC LIMITED at £1.1m based on a Turnover of £1.7m and 0.69x industry multiple (adjusted for size and gross margin).
castle hvac limitedEstimated Valuation
£223.3k
Pomanda estimates the enterprise value of CASTLE HVAC LIMITED at £223.3k based on an EBITDA of £48.8k and a 4.57x industry multiple (adjusted for size and gross margin).
castle hvac limitedEstimated Valuation
£161.8k
Pomanda estimates the enterprise value of CASTLE HVAC LIMITED at £161.8k based on Net Assets of £82.5k and 1.96x industry multiple (adjusted for liquidity).
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Castle Hvac LimitedOverview
Castle Hvac Limited is a live company located in altrincham, WA14 1DU with a Companies House number of 08640965. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in August 2013, it's largest shareholder is
kenneth david newbiggin
with a 59.2% stake. Castle Hvac Limited is a established,
small sized company, Pomanda has estimated its turnover at
£1.7m with
declining
growth in recent years.
Pomanda's financial health check has awarded Castle Hvac Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
3 Regular
6 Weak
Size
annual sales of £1.7m, make it larger than the average company (£848.9k)
£1.7m - Castle Hvac Limited
£848.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (3.4%)
-9% - Castle Hvac Limited
3.4% - Industry AVG
Production
with a gross margin of 40.4%, this company has a comparable cost of product (40.4%)
40.4% - Castle Hvac Limited
40.4% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (7.2%)
2.5% - Castle Hvac Limited
7.2% - Industry AVG
Employees
with 18 employees, this is above the industry average (14)
18 - Castle Hvac Limited
14 - Industry AVG
Pay Structure
on an average salary of £29.1k, the company has an equivalent pay structure (£29.1k)
£29.1k - Castle Hvac Limited
£29.1k - Industry AVG
Efficiency
resulting in sales per employee of £91.9k, this is equally as efficient (£82.7k)
£91.9k - Castle Hvac Limited
£82.7k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is later than average (31 days)
55 days - Castle Hvac Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (42 days)
23 days - Castle Hvac Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (42 days)
3 days - Castle Hvac Limited
42 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 23 weeks, this is less cash available to meet short term requirements (51 weeks)
23 weeks - Castle Hvac Limited
51 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.3%, this is a higher level of debt than the average (45.1%)
87.3% - Castle Hvac Limited
45.1% - Industry AVG
CASTLE HVAC LIMITED financials
EXPORT
Castle Hvac Limited's latest turnover from February 2022 is estimated at £1.7 million and the company has net assets of £82.5 thousand. According to their latest financial statements, Castle Hvac Limited has 18 employees and maintains cash reserves of £237.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2022
Feb 2021
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Turnover
1,654,358
851,804
2,206,775
74,215
55,669
86,395
47,662
58,285
Other Income Or Grants
Cost Of Sales
986,279
517,450
1,331,308
44,950
32,988
50,587
28,351
35,115
Gross Profit
668,079
334,354
875,467
29,265
22,680
35,808
19,311
23,169
Admin Expenses
626,732
270,422
809,418
32,979
26,203
37,384
21,810
38,216
Operating Profit
41,347
63,932
66,049
-3,714
-3,523
-1,576
-2,499
-15,047
Interest Payable
3,019
1,525
Interest Receivable
888
59
50
Pre-Tax Profit
39,216
62,465
66,099
-3,714
-3,523
-1,576
-2,499
-15,047
Tax
-7,451
-11,868
-12,559
Profit After Tax
31,765
50,597
53,540
-3,714
-3,523
-1,576
-2,499
-15,047
Dividends Paid
Retained Profit
31,765
50,597
53,540
-3,714
-3,523
-1,576
-2,499
-15,047
Employee Costs
523,939
517,429
514,076
25,700
24,773
26,462
26,337
25,846
Number Of Employees
18
19
19
1
1
1
1
1
EBITDA*
48,832
72,339
66,049
-3,714
-3,523
-1,576
-2,499
-15,047
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2022
Feb 2021
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Tangible Assets
60,500
67,270
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
60,500
67,270
Stock & work in progress
9,625
59,875
Trade Debtors
252,149
70,186
323,602
2
1,354
2,996
Group Debtors
Misc Debtors
87,015
144,591
30,784
Cash
237,684
117,647
13,230
2
2
misc current assets
total current assets
586,473
392,299
367,616
2
2
1,356
2,996
total assets
646,973
459,569
367,616
2
2
1,356
2,996
Bank overdraft
10,000
10,000
Bank loan
Trade Creditors
62,518
31,885
156,870
22,647
19,024
18,802
17,943
Group/Directors Accounts
452
11,148
21,399
other short term finances
hp & lease commitments
other current liabilities
447,725
326,984
172,314
4,860
total current liabilities
520,695
368,869
340,332
26,259
22,647
19,024
18,802
17,943
loans
32,900
40,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
10,913
total long term liabilities
43,813
40,000
total liabilities
564,508
408,869
340,332
26,259
22,647
19,024
18,802
17,943
net assets
82,465
50,700
27,284
-26,259
-22,645
-19,022
-17,446
-14,947
total shareholders funds
82,465
50,700
27,284
-26,259
-22,645
-19,022
-17,446
-14,947
Feb 2022
Feb 2021
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Operating Activities
Operating Profit
41,347
63,932
66,049
-3,714
-3,523
-1,576
-2,499
-15,047
Depreciation
7,485
8,407
Amortisation
Tax
-7,451
-11,868
-12,559
Stock
-50,250
59,875
Debtors
124,387
214,777
354,386
-2
2
-1,354
-1,642
2,996
Creditors
30,633
31,885
156,870
-22,647
3,623
222
859
17,943
Accruals and Deferred Income
120,741
326,984
167,454
4,860
Deferred Taxes & Provisions
10,913
Cash flow from operations
129,531
144,688
23,428
-21,499
98
2
-100
Investing Activities
capital expenditure
-715
-75,677
Change in Investments
cash flow from investments
-715
-75,677
Financing Activities
Bank loans
Group/Directors Accounts
452
-10,251
21,399
Other Short Term Loans
Long term loans
-7,100
40,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
103
3
100
-100
100
interest
-2,131
-1,466
50
cash flow from financing
-8,779
38,637
-10,198
21,499
-100
100
cash and cash equivalents
cash
120,037
117,647
13,230
-2
2
overdraft
10,000
change in cash
120,037
107,647
13,230
-2
2
castle hvac limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for castle hvac limited. Get real-time insights into castle hvac limited's credit score, group structure and payment trends.
Perform a competitor analysis for castle hvac limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in WA14 area or any other competitors across 12 key performance metrics.
castle hvac limited Ownership
CASTLE HVAC LIMITED group structure
Castle Hvac Limited has no subsidiary companies.
Ultimate parent company
CASTLE HVAC LIMITED
08640965
CASTLE HVAC LIMITED Shareholders
The largest shareholders in Castle Hvac Limited include Kenneth David Newbiggin and John Brunt.
kenneth david newbiggin
59.22%
john brunt
20.39%
ian roye tommy
19.42%
john newbiggin
0.97%
castle hvac limited directors
Castle Hvac Limited currently has 2 directors.
The longest serving directors include
Mr Kenneth Newbiggin (Nov 2018) and
Mr John Newbiggin (Nov 2018).
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 castle hvac limited.
castle hvac 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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castle hvac limitedCompanies House Filings - See Documents
