crownage limited
crownage limited Company Information
Company Number
08686368
Website
www.crownage.co.ukRegistered Address
new burlington house 1075, finchley road, london, NW11 0PU
Industry
Development of building projects
Telephone
02084558588
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
philip heitner 25%
leah heitner 25%
View Allcrownage limited Estimated Valuation
Pomanda estimates the enterprise value of CROWNAGE LIMITED at £13m based on a Turnover of £26.5m and 0.49x industry multiple (adjusted for size and gross margin).
crownage limited Estimated Valuation
Pomanda estimates the enterprise value of CROWNAGE LIMITED at £5.7m based on an EBITDA of £1.6m and a 3.68x industry multiple (adjusted for size and gross margin).
crownage limited Estimated Valuation
Pomanda estimates the enterprise value of CROWNAGE LIMITED at £4.1m based on Net Assets of £3.1m and 1.31x industry multiple (adjusted for liquidity).
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Crownage Limited Overview
Crownage Limited is a live company located in london, NW11 0PU with a Companies House number of 08686368. It operates in the development of building projects sector, SIC Code 41100. Founded in September 2013, it's largest shareholder is philip heitner with a 25% stake. Crownage Limited is a established, large sized company, Pomanda has estimated its turnover at £26.5m with high growth in recent years.
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Crownage Limited Health Check
Pomanda's financial health check has awarded Crownage Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
3 Weak
Size
annual sales of £26.5m, make it larger than the average company (£2m)
£26.5m - Crownage Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (1.3%)
20% - Crownage Limited
1.3% - Industry AVG
Production
with a gross margin of 8.7%, this company has a higher cost of product (24.5%)
8.7% - Crownage Limited
24.5% - Industry AVG
Profitability
an operating margin of 5.7% make it less profitable than the average company (11.5%)
5.7% - Crownage Limited
11.5% - Industry AVG
Employees
with 16 employees, this is above the industry average (6)
16 - Crownage Limited
6 - Industry AVG
Pay Structure
on an average salary of £21.4k, the company has a lower pay structure (£45.8k)
£21.4k - Crownage Limited
£45.8k - Industry AVG
Efficiency
resulting in sales per employee of £1.7m, this is more efficient (£274.3k)
£1.7m - Crownage Limited
£274.3k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is near the average (31 days)
34 days - Crownage Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 60 days, this is slower than average (31 days)
60 days - Crownage Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (185 days)
4 days - Crownage Limited
185 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (14 weeks)
5 weeks - Crownage Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.7%, this is a lower level of debt than the average (74.6%)
66.7% - Crownage Limited
74.6% - Industry AVG
crownage limited Credit Report and Business Information
Crownage Limited Competitor Analysis
Perform a competitor analysis for crownage limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
crownage limited Ownership
CROWNAGE LIMITED group structure
Crownage Limited has no subsidiary companies.
Ultimate parent company
CROWNAGE LIMITED
08686368
crownage limited directors
Crownage Limited currently has 4 directors. The longest serving directors include Mr Philip Heitner (Aug 2016) and Mr Henry Bondi (Aug 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Heitner | England | 46 years | Aug 2016 | - | Director |
| Mr Henry Bondi | England | 44 years | Aug 2016 | - | Director |
| Mrs Yehudit Bondi | England | 44 years | Sep 2017 | - | Director |
| Ms Lea Heitner | United Kingdom | 41 years | Sep 2017 | - | Director |
CROWNAGE LIMITED financials
Crownage Limited's latest turnover from September 2022 is £26.5 million and the company has net assets of £3.1 million. According to their latest financial statements, Crownage Limited has 16 employees and maintains cash reserves of £630.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 26,489,819 | 13,899,879 | 13,121,784 | 15,153,293 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 24,179,649 | 13,127,765 | 12,451,587 | 14,226,799 | |||||
| Gross Profit | 2,310,170 | 772,114 | 670,197 | 926,494 | |||||
| Admin Expenses | 788,583 | 640,993 | 571,327 | 626,487 | |||||
| Operating Profit | 1,521,587 | 131,121 | 98,870 | 300,007 | |||||
| Interest Payable | 43,938 | 12,960 | 13,089 | 16,553 | |||||
| Interest Receivable | 2,854 | 2,678 | 3,032 | 904 | |||||
| Pre-Tax Profit | 1,480,503 | 120,839 | 88,813 | 284,358 | |||||
| Tax | -241,894 | 12,885 | 37,440 | -18,032 | |||||
| Profit After Tax | 1,238,609 | 133,724 | 126,253 | 266,326 | |||||
| Dividends Paid | 1,000,000 | 140,000 | 264,000 | 130,000 | |||||
| Retained Profit | 238,609 | -6,276 | -137,747 | 136,326 | |||||
| Employee Costs | 342,241 | 302,449 | 343,304 | 224,210 | |||||
| Number Of Employees | 16 | 16 | 17 | 13 | 12 | 8 | 8 | ||
| EBITDA* | 1,561,839 | 163,366 | 122,893 | 315,928 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 168,911 | 93,581 | 71,027 | 48,227 | 19,690 | 12,909 | 17,212 | 14,137 | 1,050 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 168,911 | 93,581 | 71,027 | 48,227 | 19,690 | 12,909 | 17,212 | 14,137 | 1,050 |
| Stock & work in progress | 265,000 | 139,000 | 131,000 | 156,000 | 141,000 | 126,000 | 97,000 | 71,000 | 18,000 |
| Trade Debtors | 2,532,304 | 505,974 | 627,748 | 2,031,935 | 1,678,498 | 1,357,190 | 489,266 | 1,708,818 | 493,041 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 5,767,682 | 6,267,696 | 5,684,540 | 3,902,157 | 0 | 3,454,367 | 2,106,577 | 0 | 0 |
| Cash | 630,800 | 861,071 | 748,415 | 123,677 | 142,258 | 110,658 | 116,530 | 176,920 | 31,334 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,195,786 | 7,773,741 | 7,191,703 | 6,213,769 | 6,342,351 | 5,048,215 | 2,809,373 | 1,956,738 | 542,375 |
| total assets | 9,364,697 | 7,867,322 | 7,262,730 | 6,261,996 | 6,362,041 | 5,061,124 | 2,826,585 | 1,970,875 | 543,425 |
| Bank overdraft | 137,190 | 138,948 | 22,595 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,020,268 | 2,874,858 | 2,449,612 | 2,155,181 | 1,748,013 | 1,741,817 | 886,747 | 1,203,890 | 515,728 |
| Group/Directors Accounts | 18,178 | 6,950 | 10,337 | 10,847 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 29,171 | 23,881 | 10,565 | 29,460 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,409,194 | 1,141,057 | 952,812 | 867,302 | 0 | 960,670 | 372,068 | 0 | 0 |
| total current liabilities | 5,614,001 | 4,185,694 | 3,445,921 | 3,062,790 | 3,299,161 | 2,702,487 | 1,258,815 | 1,203,890 | 515,728 |
| loans | 452,937 | 588,459 | 727,405 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 68,967 | 37,986 | 27,945 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 110,000 | 175,000 | 175,000 | 175,000 | 0 | 175,000 | 175,000 | 250,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 631,904 | 801,445 | 930,350 | 175,000 | 175,000 | 175,000 | 175,000 | 250,000 | 0 |
| total liabilities | 6,245,905 | 4,987,139 | 4,376,271 | 3,237,790 | 3,474,161 | 2,877,487 | 1,433,815 | 1,453,890 | 515,728 |
| net assets | 3,118,792 | 2,880,183 | 2,886,459 | 3,024,206 | 2,887,880 | 2,183,637 | 1,392,770 | 516,985 | 27,697 |
| total shareholders funds | 3,118,792 | 2,880,183 | 2,886,459 | 3,024,206 | 2,887,880 | 2,183,637 | 1,392,770 | 516,985 | 27,697 |
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 1,521,587 | 131,121 | 98,870 | 300,007 | |||||
| Depreciation | 40,252 | 32,245 | 24,023 | 15,921 | 6,110 | 4,303 | 5,934 | 4,713 | 350 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -241,894 | 12,885 | 37,440 | -18,032 | |||||
| Stock | 126,000 | 8,000 | -25,000 | 15,000 | 15,000 | 29,000 | 26,000 | 53,000 | 18,000 |
| Debtors | 1,526,316 | 461,382 | 378,196 | 4,255,594 | -3,133,059 | 2,215,714 | 887,025 | 1,215,777 | 493,041 |
| Creditors | 1,145,410 | 425,246 | 294,431 | 407,168 | 6,196 | 855,070 | -317,143 | 688,162 | 515,728 |
| Accruals and Deferred Income | 268,137 | 188,245 | 85,510 | 867,302 | -960,670 | 588,602 | 372,068 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,081,176 | 320,360 | 187,078 | -2,698,228 | |||||
| Investing Activities | |||||||||
| capital expenditure | 0 | 0 | -45,601 | -69,926 | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | -45,601 | -69,926 | |||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 11,228 | -3,387 | -510 | 10,847 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -135,522 | -138,946 | 727,405 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 36,271 | 23,357 | 9,050 | 29,460 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -65,000 | 0 | 0 | 175,000 | -175,000 | 0 | -75,000 | 250,000 | 0 |
| share issue | |||||||||
| interest | -41,084 | -10,282 | -10,057 | -15,649 | |||||
| cash flow from financing | -194,107 | -129,258 | 725,888 | 199,658 | |||||
| cash and cash equivalents | |||||||||
| cash | -230,271 | 112,656 | 624,738 | -18,581 | 31,600 | -5,872 | -60,390 | 145,586 | 31,334 |
| overdraft | -1,758 | 116,353 | 22,595 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -228,513 | -3,697 | 602,143 | -18,581 | 31,600 | -5,872 | -60,390 | 145,586 | 31,334 |
P&L
September 2022turnover
26.5m
+91%
operating profit
1.5m
+1060%
gross margin
8.8%
+57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
3.1m
+0.08%
total assets
9.4m
+0.19%
cash
630.8k
-0.27%
net assets
Total assets minus all liabilities
Similar Companies
crownage limited company details
company number
08686368
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
September 2013
age
11
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
new burlington house 1075, finchley road, london, NW11 0PU
last accounts submitted
September 2022
crownage 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 1 charges/mortgages relating to crownage limited. Currently there are 1 open charges and 0 have been satisfied in the past.
crownage limited Companies House Filings - See Documents
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