chitti enterprises limited

chitti enterprises limited Company Information

Share CHITTI ENTERPRISES LIMITED
Live 
Established

Company Number

08725617

Industry

Retail sale in non-specialised stores with food, beverages or tobacco predominating

 

Shareholders

charan singh athwal

rajinder kaur athwal

Group Structure

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Contact

Registered Address

120 cavendish place, eastbourne, east sussex, BN21 3TZ

Website

-

chitti enterprises limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CHITTI ENTERPRISES LIMITED at £0 based on a Turnover of £0 and 0.33x industry multiple (adjusted for size and gross margin).

chitti enterprises limited Estimated Valuation

£5.9k

Pomanda estimates the enterprise value of CHITTI ENTERPRISES LIMITED at £5.9k based on an EBITDA of £1.7k and a 3.5x industry multiple (adjusted for size and gross margin).

chitti enterprises limited Estimated Valuation

£234.6k

Pomanda estimates the enterprise value of CHITTI ENTERPRISES LIMITED at £234.6k based on Net Assets of £84.9k and 2.76x industry multiple (adjusted for liquidity).

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Chitti Enterprises Limited Overview

Chitti Enterprises Limited is a live company located in east sussex, BN21 3TZ with a Companies House number of 08725617. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in October 2013, it's largest shareholder is charan singh athwal with a 50% stake. Chitti Enterprises Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Chitti Enterprises Limited Health Check

Pomanda's financial health check has awarded Chitti Enterprises Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 0 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

0 Regular

positive_score

0 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

growth

Growth

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production

Production

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profitability

Profitability

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employees

Employees

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paystructure

Pay Structure

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efficiency

Efficiency

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debtordays

Debtor Days

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creditordays

Creditor Days

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stockdays

Stock Days

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cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 46.3%, this is a lower level of debt than the average (70.1%)

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- - Industry AVG

CHITTI ENTERPRISES LIMITED financials

EXPORTms excel logo

Chitti Enterprises Limited's latest turnover from October 2023 is estimated at 0 and the company has net assets of £84.9 thousand. According to their latest financial statements, we estimate that Chitti Enterprises Limited has no employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014
Turnover0551,462513,124586,404767,063662,397710,836616,2311,698,7821,569,560
Other Income Or Grants0000000000
Cost Of Sales0423,160398,884454,809585,757513,834556,818480,1281,326,0781,236,429
Gross Profit0128,302114,240131,595181,305148,562154,018136,103372,704333,131
Admin Expenses-1,673126,028101,97697,375111,15377,598209,386135,525373,382330,255
Operating Profit1,6732,27412,26434,22070,15270,964-55,368578-6782,876
Interest Payable3,5094,2663,9832,7721,9572,1201,41040200
Interest Receivable032420939219104333
Pre-Tax Profit-1,836-1,6688,30131,45768,23368,864-56,769186-6352,909
Tax00-1,577-5,977-12,964-13,0840-370-611
Profit After Tax-1,836-1,6686,72425,48055,26955,780-56,769149-6352,298
Dividends Paid0000000000
Retained Profit-1,836-1,6686,72425,48055,26955,780-56,769149-6352,298
Employee Costs074,95687,84883,05383,16569,36977,60891,960220,723199,155
Number Of Employees056665671715
EBITDA*1,6732,27426,01649,11985,70388,203-37,22418,2794,45112,876

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014
Tangible Assets0012,50516,25718,60124,15231,39127,78433,98519,266
Intangible Assets00120,000130,000140,000150,000160,000170,000180,000190,000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets00132,505146,257158,601174,152191,391197,784213,985209,266
Stock & work in progress0040,25051,25152,24855,12567,25366,12365,96346,287
Trade Debtors0000000011,3469,099
Group Debtors0000000000
Misc Debtors158,072185,01746,96036,0001,4582,0183,1801,98500
Cash0028,81210,2748,0482,2843,2274,0134,03513,276
misc current assets0000000000
total current assets158,072185,017116,02297,52561,75459,42773,66072,12181,34468,662
total assets158,072185,017248,527243,782220,355233,579265,051269,905295,329277,928
Bank overdraft0027,13223,45027,44212,99211,90712,85500
Bank loan0000000000
Trade Creditors 0030,71033,16088,38156,57247,06524,391247,877230,228
Group/Directors Accounts30,99430,9945965,068000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities16,09031,01561,69360,43248,340145,539240,571202,72400
total current liabilities47,08462,009120,131122,110164,163215,103299,543239,970247,877230,228
loans26,09636,28040,00040,000017,55320,365000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities000000028,02345,68945,302
provisions0000000000
total long term liabilities26,09636,28040,00040,000017,55320,36528,02345,68945,302
total liabilities73,18098,289160,131162,110164,163232,656319,908267,993293,566275,530
net assets84,89286,72888,39681,67256,192923-54,8571,9121,7632,398
total shareholders funds84,89286,72888,39681,67256,192923-54,8571,9121,7632,398
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014
Operating Activities
Operating Profit1,6732,27412,26434,22070,15270,964-55,368578-6782,876
Depreciation003,7524,8995,5517,2398,1447,7015,12910,000
Amortisation0010,00010,00010,00010,00010,00010,00000
Tax00-1,577-5,977-12,964-13,0840-370-611
Stock0-40,250-11,001-997-2,877-12,1281,13016019,67646,287
Debtors-26,945138,05710,96034,542-560-1,1621,195-9,3612,2479,099
Creditors0-30,710-2,450-55,22131,8099,50722,674-223,48617,649230,228
Accruals and Deferred Income-14,925-30,6781,26112,092-97,199-95,03237,847202,72400
Deferred Taxes & Provisions0000000000
Cash flow from operations13,693-156,92123,291-33,53210,7862,88420,9726,681177187,107
Investing Activities
capital expenditure0132,5050-2,55500-11,751-1,500-9,848-219,266
Change in Investments0000000000
cash flow from investments0132,5050-2,55500-11,751-1,500-9,848-219,266
Financing Activities
Bank loans0000000000
Group/Directors Accounts030,398-4,4725,068000000
Other Short Term Loans 0000000000
Long term loans-10,184-3,720040,000-17,553-2,81220,365000
Hire Purchase and Lease Commitments0000000000
other long term liabilities000000-28,023-17,66638745,302
share issue000000000100
interest-3,509-3,942-3,963-2,763-1,918-2,099-1,401-3924333
cash flow from financing-13,69322,736-8,43542,305-19,471-4,911-9,059-18,05843045,435
cash and cash equivalents
cash0-28,81218,5382,2265,764-943-786-22-9,24113,276
overdraft0-27,1323,682-3,99214,4501,085-94812,85500
change in cash0-1,68014,8566,218-8,686-2,028162-12,877-9,24113,276

chitti enterprises 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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Chitti Enterprises Limited Competitor Analysis

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Perform a competitor analysis for chitti enterprises limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other established companies, companies in BN21 area or any other competitors across 12 key performance metrics.

chitti enterprises limited Ownership

CHITTI ENTERPRISES LIMITED group structure

Chitti Enterprises Limited has no subsidiary companies.

Ultimate parent company

CHITTI ENTERPRISES LIMITED

08725617

CHITTI ENTERPRISES LIMITED Shareholders

charan singh athwal 50%
rajinder kaur athwal 50%

chitti enterprises limited directors

Chitti Enterprises Limited currently has 2 directors. The longest serving directors include Mr Charan Athwal (Jan 2017) and Mrs Rajinder Athwal (Jan 2017).

officercountryagestartendrole
Mr Charan Athwal75 years Jan 2017- Director
Mrs Rajinder AthwalEngland61 years Jan 2017- Director

P&L

October 2023

turnover

0

-100%

operating profit

1.7k

0%

gross margin

0%

0%

turnover

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

Balance Sheet

October 2023

net assets

84.9k

-0.02%

total assets

158.1k

-0.15%

cash

0

0%

net assets

Total assets minus all liabilities

chitti enterprises limited company details

company number

08725617

Type

Private limited with Share Capital

industry

47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating

incorporation date

October 2013

age

11

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

120 cavendish place, eastbourne, east sussex, BN21 3TZ

Bank

-

Legal Advisor

-

chitti enterprises 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 chitti enterprises limited.

chitti enterprises 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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chitti enterprises limited Companies House Filings - See Documents

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