cirrus 8 limited

1.5

cirrus 8 limited Company Information

Share CIRRUS 8 LIMITED
Dissolved 

Company Number

08860084

Website

-

Registered Address

las partnership, the rivendell centre, maldon, essex, CM9 5QP

Industry

Media representation

 

Telephone

-

Next Accounts Due

October 2024

Group Structure

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Directors

David Pimlott10 Years

Shareholders

david pimlott 100%

cirrus 8 limited Estimated Valuation

£24.5k

Pomanda estimates the enterprise value of CIRRUS 8 LIMITED at £24.5k based on a Turnover of £49.6k and 0.49x industry multiple (adjusted for size and gross margin).

cirrus 8 limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CIRRUS 8 LIMITED at £0 based on an EBITDA of £-482 and a 3.23x industry multiple (adjusted for size and gross margin).

cirrus 8 limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CIRRUS 8 LIMITED at £0 based on Net Assets of £-48.1k and 2.25x industry multiple (adjusted for liquidity).

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Cirrus 8 Limited Overview

Cirrus 8 Limited is a dissolved company that was located in maldon, CM9 5QP with a Companies House number of 08860084. It operated in the media representation services sector, SIC Code 73120. Founded in January 2014, it's largest shareholder was david pimlott with a 100% stake. The last turnover for Cirrus 8 Limited was estimated at £49.6k.

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Cirrus 8 Limited Health Check

Pomanda's financial health check has awarded Cirrus 8 Limited a 1.5 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 Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £49.6k, make it smaller than the average company (£3.6m)

£49.6k - Cirrus 8 Limited

£3.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (5.5%)

35% - Cirrus 8 Limited

5.5% - Industry AVG

production

Production

with a gross margin of 46.5%, this company has a comparable cost of product (46.5%)

46.5% - Cirrus 8 Limited

46.5% - Industry AVG

profitability

Profitability

an operating margin of -1% make it less profitable than the average company (3.8%)

-1% - Cirrus 8 Limited

3.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (20)

1 - Cirrus 8 Limited

20 - Industry AVG

paystructure

Pay Structure

on an average salary of £54.2k, the company has an equivalent pay structure (£54.2k)

£54.2k - Cirrus 8 Limited

£54.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £49.6k, this is less efficient (£143.8k)

£49.6k - Cirrus 8 Limited

£143.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 4 days, this is earlier than average (60 days)

4 days - Cirrus 8 Limited

60 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Cirrus 8 Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Cirrus 8 Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)

0 weeks - Cirrus 8 Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 3914%, this is a higher level of debt than the average (69%)

3914% - Cirrus 8 Limited

69% - Industry AVG

CIRRUS 8 LIMITED financials

EXPORTms excel logo

Cirrus 8 Limited's latest turnover from December 2020 is estimated at £49.6 thousand and the company has net assets of -£48.1 thousand. According to their latest financial statements, Cirrus 8 Limited has 1 employee and maintains cash reserves of £591 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2020Dec 2019Dec 2018Dec 2017Jan 2017Jan 2016Jan 2015
Turnover49,64795,9923,64920,209000
Other Income Or Grants0000000
Cost Of Sales26,58852,8131,97310,752000
Gross Profit23,05943,1801,6769,457000
Admin Expenses23,54120,13516,12661,371000
Operating Profit-48223,045-14,450-51,914000
Interest Payable0000000
Interest Receivable02148000
Pre-Tax Profit-48223,047-14,436-51,906000
Tax0-4,37900000
Profit After Tax-48218,668-14,436-51,906000
Dividends Paid0000000
Retained Profit-48218,668-14,436-51,906000
Employee Costs54,231113,44156,50953,290000
Number Of Employees1211000
EBITDA*-48223,045-14,450-51,914000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2020Dec 2019Dec 2018Dec 2017Jan 2017Jan 2016Jan 2015
Tangible Assets0000000
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets0000000
Stock & work in progress0000000
Trade Debtors6693556323,672000
Group Debtors0000000
Misc Debtors0000000
Cash5911273843,264000
misc current assets0000000
total current assets1,2604821,0166,936000
total assets1,2604821,0166,936000
Bank overdraft0000000
Bank loan0000000
Trade Creditors 0000000
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities49,31648,05667,25858,742000
total current liabilities49,31648,05667,25858,742000
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities0000000
provisions0000000
total long term liabilities0000000
total liabilities49,31648,05667,25858,742000
net assets-48,056-47,574-66,242-51,806000
total shareholders funds-48,056-47,574-66,242-51,806000
Dec 2020Dec 2019Dec 2018Dec 2017Jan 2017Jan 2016Jan 2015
Operating Activities
Operating Profit-48223,045-14,450-51,914000
Depreciation0000000
Amortisation0000000
Tax0-4,37900000
Stock0000000
Debtors314-277-3,0403,672000
Creditors0000000
Accruals and Deferred Income1,260-19,2028,51658,742000
Deferred Taxes & Provisions0000000
Cash flow from operations464-259-2,8943,156000
Investing Activities
capital expenditure0000000
Change in Investments0000000
cash flow from investments0000000
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue000100000
interest02148000
cash flow from financing0214108000
cash and cash equivalents
cash464-257-2,8803,264000
overdraft0000000
change in cash464-257-2,8803,264000

cirrus 8 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 cirrus 8 limited. Get real-time insights into cirrus 8 limited's credit score, group structure and payment trends.

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Cirrus 8 Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for cirrus 8 limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in CM9 area or any other competitors across 12 key performance metrics.

cirrus 8 limited Ownership

CIRRUS 8 LIMITED group structure

Cirrus 8 Limited has no subsidiary companies.

Ultimate parent company

CIRRUS 8 LIMITED

08860084

CIRRUS 8 LIMITED Shareholders

david pimlott 100%

cirrus 8 limited directors

Cirrus 8 Limited currently has 1 director, Mr David Pimlott serving since Jan 2014.

officercountryagestartendrole
Mr David PimlottUnited Kingdom56 years Jan 2014- Director

P&L

December 2020

turnover

49.6k

-48%

operating profit

-482.4

0%

gross margin

46.5%

+3.25%

turnover

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

Balance Sheet

December 2020

net assets

-48.1k

+0.01%

total assets

1.3k

+1.61%

cash

591

+3.65%

net assets

Total assets minus all liabilities

cirrus 8 limited company details

company number

08860084

Type

Private limited with Share Capital

industry

73120 - Media representation

incorporation date

January 2014

age

10

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2020

previous names

N/A

accountant

LAS PARTNERSHIP

auditor

-

address

las partnership, the rivendell centre, maldon, essex, CM9 5QP

Bank

-

Legal Advisor

-

cirrus 8 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 cirrus 8 limited.

charges

cirrus 8 limited Companies House Filings - See Documents

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