Retail sale in non-specialised stores with food, beverages or tobacco predominating
Registered Address
233 the edge clowes street, salford, M3 5NF
Website
-
city centre news (nw) limitedEstimated Valuation
£215.5k
Pomanda estimates the enterprise value of CITY CENTRE NEWS (NW) LIMITED at £215.5k based on a Turnover of £770.2k and 0.28x industry multiple (adjusted for size and gross margin).
city centre news (nw) limitedEstimated Valuation
£21.7k
Pomanda estimates the enterprise value of CITY CENTRE NEWS (NW) LIMITED at £21.7k based on an EBITDA of £6.9k and a 3.17x industry multiple (adjusted for size and gross margin).
city centre news (nw) limitedEstimated Valuation
£168.7k
Pomanda estimates the enterprise value of CITY CENTRE NEWS (NW) LIMITED at £168.7k based on Net Assets of £63.5k and 2.66x industry multiple (adjusted for liquidity).
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City Centre News (nw) LimitedOverview
City Centre News (nw) Limited is a live company located in salford, M3 5NF with a Companies House number of 08857640. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in January 2014, it's largest shareholder is
paul williams
with a 100% stake. City Centre News (nw) Limited is a established,
small sized company, Pomanda has estimated its turnover at
£770.2k with
low
growth in recent years.
Pomanda's financial health check has awarded City Centre News (Nw) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £770.2k, make it smaller than the average company (£3.3m)
£770.2k - City Centre News (nw) Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (6.3%)
4% - City Centre News (nw) Limited
6.3% - Industry AVG
Production
with a gross margin of 17.1%, this company has a higher cost of product (23.3%)
17.1% - City Centre News (nw) Limited
23.3% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (3.5%)
0.9% - City Centre News (nw) Limited
3.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (35)
3 - City Centre News (nw) Limited
35 - Industry AVG
Pay Structure
on an average salary of £17.5k, the company has an equivalent pay structure (£17.5k)
£17.5k - City Centre News (nw) Limited
£17.5k - Industry AVG
Efficiency
resulting in sales per employee of £256.7k, this is more efficient (£129.6k)
£256.7k - City Centre News (nw) Limited
£129.6k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (4 days)
75 days - City Centre News (nw) Limited
4 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is slower than average (29 days)
35 days - City Centre News (nw) Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - City Centre News (nw) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - City Centre News (nw) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60%, this is a similar level of debt than the average (63.1%)
60% - City Centre News (nw) Limited
63.1% - Industry AVG
CITY CENTRE NEWS (NW) LIMITED financials
EXPORT
City Centre News (Nw) Limited's latest turnover from January 2024 is estimated at £770.2 thousand and the company has net assets of £63.5 thousand. According to their latest financial statements, City Centre News (Nw) Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Turnover
770,197
497,731
590,514
693,083
368,879
464,848
433,046
355,138
137,917
148,386
Other Income Or Grants
Cost Of Sales
638,509
410,765
486,277
582,691
307,282
389,632
360,674
295,903
115,110
124,622
Gross Profit
131,688
86,966
104,237
110,392
61,597
75,215
72,372
59,235
22,807
23,763
Admin Expenses
124,824
88,703
107,681
99,570
67,717
68,009
3,753
60,072
24,103
21,729
Operating Profit
6,864
-1,737
-3,444
10,822
-6,120
7,206
68,619
-837
-1,296
2,034
Interest Payable
Interest Receivable
4
17
9
Pre-Tax Profit
6,864
-1,737
-3,444
10,822
-6,120
7,206
68,619
-833
-1,279
2,043
Tax
-1,716
-2,056
-1,369
-13,038
-429
Profit After Tax
5,148
-1,737
-3,444
8,766
-6,120
5,837
55,581
-833
-1,279
1,614
Dividends Paid
Retained Profit
5,148
-1,737
-3,444
8,766
-6,120
5,837
55,581
-833
-1,279
1,614
Employee Costs
52,465
68,667
133,659
77,975
81,570
113,414
45,506
42,771
13,251
12,948
Number Of Employees
3
4
8
5
5
7
3
3
1
1
EBITDA*
6,864
-1,737
-3,444
10,822
-6,120
7,206
68,619
-837
-496
3,034
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Tangible Assets
4,860
3,000
3,200
4,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
4,860
3,000
3,200
4,000
Stock & work in progress
21,740
24,155
Trade Debtors
158,936
119,503
131,048
155,017
65,816
84,721
62,033
24,002
Group Debtors
Misc Debtors
Cash
3,441
3,511
misc current assets
total current assets
158,936
119,503
131,048
155,017
65,816
84,721
62,033
24,002
25,181
27,666
total assets
158,936
119,503
131,048
155,017
65,816
84,721
66,893
27,002
28,381
31,666
Bank overdraft
Bank loan
Trade Creditors
62,374
24,701
29,863
41,635
11,016
8,122
3,810
13,500
13,545
15,051
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
62,374
24,701
29,863
41,635
11,016
8,122
3,810
13,500
13,545
15,051
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
33,029
36,417
41,063
49,816
15,679
8,000
14,000
14,500
15,000
provisions
total long term liabilities
33,029
36,417
41,063
49,816
15,679
8,000
14,000
14,500
15,000
total liabilities
95,403
61,118
70,926
91,451
11,016
23,801
11,810
27,500
28,045
30,051
net assets
63,533
58,385
60,122
63,566
54,800
60,920
55,083
-498
336
1,615
total shareholders funds
63,533
58,385
60,122
63,566
54,800
60,920
55,083
-498
336
1,615
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Operating Activities
Operating Profit
6,864
-1,737
-3,444
10,822
-6,120
7,206
68,619
-837
-1,296
2,034
Depreciation
800
1,000
Amortisation
Tax
-1,716
-2,056
-1,369
-13,038
-429
Stock
-21,740
-2,415
24,155
Debtors
39,433
-11,545
-23,969
89,201
-18,905
22,688
38,031
24,002
Creditors
37,673
-5,162
-11,772
30,619
2,894
4,312
-9,690
-45
-1,506
15,051
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
3,388
4,646
8,753
-49,816
15,679
-12,539
7,860
-3,144
413
-6,499
Investing Activities
capital expenditure
4,860
-1,860
200
-5,000
Change in Investments
cash flow from investments
4,860
-1,860
200
-5,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-3,388
-4,646
-8,753
49,816
-15,679
7,679
-6,000
-500
-500
15,000
share issue
-1
1
interest
4
17
9
cash flow from financing
-3,388
-4,646
-8,753
49,816
-15,679
7,679
-6,000
-497
-483
15,010
cash and cash equivalents
cash
-3,441
-70
3,511
overdraft
change in cash
-3,441
-70
3,511
city centre news (nw) 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 city centre news (nw) limited. Get real-time insights into city centre news (nw) limited's credit score, group structure and payment trends.
Perform a competitor analysis for city centre news (nw) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in M 3 area or any other competitors across 12 key performance metrics.
city centre news (nw) limited Ownership
CITY CENTRE NEWS (NW) LIMITED group structure
City Centre News (Nw) Limited has no subsidiary companies.
Ultimate parent company
CITY CENTRE NEWS (NW) LIMITED
08857640
CITY CENTRE NEWS (NW) LIMITED Shareholders
The sole shareholder of City Centre News (Nw) Limited is Paul Williams.
paul williams
100%
city centre news (nw) limited directors
City Centre News (Nw) Limited currently has 2 directors.
The longest serving directors include
Mr Alexander Rawlings (Mar 2017) and
Mr Paul Williams (Mar 2023).
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
January 2014
age
11
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
233 the edge clowes street, salford, M3 5NF
Bank
-
Legal Advisor
-
city centre news (nw) 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 city centre news (nw) limited.
city centre news (nw) 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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city centre news (nw) limitedCompanies House Filings - See Documents
