chronometer limited
chronometer limited Company Information
Company Number
08661246
Website
-Registered Address
1a needlers end lane, balsall common, coventry, CV7 7AF
Industry
Other accommodation
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Directors
Frank Hunter10 Years
Shareholders
frank howard hunter 100%
chronometer limited Estimated Valuation
Pomanda estimates the enterprise value of CHRONOMETER LIMITED at £1m based on a Turnover of £1.3m and 0.79x industry multiple (adjusted for size and gross margin).
chronometer limited Estimated Valuation
Pomanda estimates the enterprise value of CHRONOMETER LIMITED at £0 based on an EBITDA of £-47.1k and a 3.69x industry multiple (adjusted for size and gross margin).
chronometer limited Estimated Valuation
Pomanda estimates the enterprise value of CHRONOMETER LIMITED at £0 based on Net Assets of £-266k and 1.71x industry multiple (adjusted for liquidity).
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Chronometer Limited Overview
Chronometer Limited is a live company located in coventry, CV7 7AF with a Companies House number of 08661246. It operates in the other accommodation sector, SIC Code 55900. Founded in August 2013, it's largest shareholder is frank howard hunter with a 100% stake. Chronometer Limited is a established, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.
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Chronometer Limited Health Check
Pomanda's financial health check has awarded Chronometer 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
3 Strong
1 Regular
6 Weak
Size
annual sales of £1.3m, make it larger than the average company (£902.6k)
- Chronometer Limited
£902.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (6%)
- Chronometer Limited
6% - Industry AVG
Production
with a gross margin of 25.9%, this company has a higher cost of product (55.6%)
- Chronometer Limited
55.6% - Industry AVG
Profitability
an operating margin of -3.7% make it less profitable than the average company (5.9%)
- Chronometer Limited
5.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (19)
1 - Chronometer Limited
19 - Industry AVG
Pay Structure
on an average salary of £24.2k, the company has an equivalent pay structure (£24.2k)
- Chronometer Limited
£24.2k - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is more efficient (£56.9k)
- Chronometer Limited
£56.9k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is later than average (15 days)
- Chronometer Limited
15 days - Industry AVG
Creditor Days
its suppliers are paid after 612 days, this is slower than average (15 days)
- Chronometer Limited
15 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Chronometer Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Chronometer Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 120.1%, this is a higher level of debt than the average (31.4%)
120.1% - Chronometer Limited
31.4% - Industry AVG
CHRONOMETER LIMITED financials
Chronometer Limited's latest turnover from December 2023 is estimated at £1.3 million and the company has net assets of -£266 thousand. According to their latest financial statements, Chronometer Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | ||||||||||
| Tax | ||||||||||
| Profit After Tax | ||||||||||
| Dividends Paid | ||||||||||
| Retained Profit | ||||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,201,417 | 1,201,417 | 1,201,417 | 1,201,417 | 1,201,417 | 1,201,417 | 1,201,417 | 1,201,417 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,201,417 | 1,201,417 | 1,201,417 | 1,201,417 | 1,201,417 | 1,201,417 | 1,201,417 | 1,201,417 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 119,854 | 84,685 | 79,837 | 65,672 | 56,805 | 60,554 | 42,244 | 11,197 | 1 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 119,854 | 84,685 | 79,837 | 65,672 | 56,805 | 60,554 | 42,244 | 11,197 | 1 | 0 |
| total assets | 1,321,271 | 1,286,102 | 1,281,254 | 1,267,089 | 1,258,222 | 1,261,971 | 1,243,661 | 1,212,614 | 1 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,587,278 | 1,504,963 | 1,461,455 | 1,414,063 | 1,372,014 | 1,338,913 | 1,302,704 | 1,243,467 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,587,278 | 1,504,963 | 1,461,455 | 1,414,063 | 1,372,014 | 1,338,913 | 1,302,704 | 1,243,467 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 4,600 | 6,398 | 3,200 | 0 | 1,754 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 4,600 | 6,398 | 3,200 | 0 | 1,754 | 0 | 0 |
| total liabilities | 1,587,278 | 1,504,963 | 1,461,455 | 1,418,663 | 1,378,412 | 1,342,113 | 1,302,704 | 1,245,221 | 0 | 0 |
| net assets | -266,007 | -218,861 | -180,201 | -151,574 | -120,190 | -80,142 | -59,043 | -32,607 | 1 | 0 |
| total shareholders funds | -266,007 | -218,861 | -180,201 | -151,574 | -120,190 | -80,142 | -59,043 | -32,607 | 1 | 0 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 35,169 | 4,848 | 14,165 | 8,867 | -3,749 | 18,310 | 31,047 | 11,196 | 1 | 0 |
| Creditors | 82,315 | 43,508 | 47,392 | 42,049 | 33,101 | 36,209 | 59,237 | 1,243,467 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | -4,600 | -1,798 | 3,198 | 3,200 | -1,754 | 1,754 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
chronometer limited Credit Report and Business Information
Chronometer Limited Competitor Analysis
Perform a competitor analysis for chronometer limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in CV7 area or any other competitors across 12 key performance metrics.
chronometer limited Ownership
CHRONOMETER LIMITED group structure
Chronometer Limited has no subsidiary companies.
Ultimate parent company
CHRONOMETER LIMITED
08661246
chronometer limited directors
Chronometer Limited currently has 1 director, Mr Frank Hunter serving since Nov 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Frank Hunter | 79 years | Nov 2013 | - | Director |
P&L
December 2023turnover
1.3m
+1%
operating profit
-47.1k
0%
gross margin
26%
+66.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-266k
+0.22%
total assets
1.3m
+0.03%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
chronometer limited company details
company number
08661246
Type
Private limited with Share Capital
industry
55900 - Other accommodation
incorporation date
August 2013
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
1a needlers end lane, balsall common, coventry, CV7 7AF
Bank
-
Legal Advisor
-
chronometer 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 chronometer limited. Currently there are 2 open charges and 0 have been satisfied in the past.
chronometer limited Companies House Filings - See Documents
| date | description | view/download |
|---|
