chorlton velo limited
chorlton velo limited Company Information
Company Number
09015303
Website
-Registered Address
18 derwent avenue, chorlton, manchester, lancashire, M21 7QP
Industry
Activities of other membership organisations n.e.c.
Telephone
01612547421
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
-0%
chorlton velo limited Estimated Valuation
Pomanda estimates the enterprise value of CHORLTON VELO LIMITED at £41.3k based on a Turnover of £84.9k and 0.49x industry multiple (adjusted for size and gross margin).
chorlton velo limited Estimated Valuation
Pomanda estimates the enterprise value of CHORLTON VELO LIMITED at £0 based on an EBITDA of £-576 and a 3.86x industry multiple (adjusted for size and gross margin).
chorlton velo limited Estimated Valuation
Pomanda estimates the enterprise value of CHORLTON VELO LIMITED at £26.6k based on Net Assets of £8.1k and 3.28x industry multiple (adjusted for liquidity).
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Chorlton Velo Limited Overview
Chorlton Velo Limited is a live company located in manchester, M21 7QP with a Companies House number of 09015303. It operates in the activities of other membership organizations n.e.c. sector, SIC Code 94990. Founded in April 2014, it's largest shareholder is unknown. Chorlton Velo Limited is a established, micro sized company, Pomanda has estimated its turnover at £84.9k with healthy growth in recent years.
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Chorlton Velo Limited Health Check
Pomanda's financial health check has awarded Chorlton Velo Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
5 Weak
Size
annual sales of £84.9k, make it smaller than the average company (£394.2k)
- Chorlton Velo Limited
£394.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (4.3%)
- Chorlton Velo Limited
4.3% - Industry AVG
Production
with a gross margin of 31.7%, this company has a higher cost of product (52.3%)
- Chorlton Velo Limited
52.3% - Industry AVG
Profitability
an operating margin of -0.7% make it less profitable than the average company (1.6%)
- Chorlton Velo Limited
1.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (9)
- Chorlton Velo Limited
9 - Industry AVG
Pay Structure
on an average salary of £26.1k, the company has an equivalent pay structure (£26.1k)
- Chorlton Velo Limited
£26.1k - Industry AVG
Efficiency
resulting in sales per employee of £84.9k, this is more efficient (£58.4k)
- Chorlton Velo Limited
£58.4k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is later than average (13 days)
- Chorlton Velo Limited
13 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Chorlton Velo Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Chorlton Velo Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Chorlton Velo Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Chorlton Velo Limited
- - Industry AVG
CHORLTON VELO LIMITED financials
Chorlton Velo Limited's latest turnover from April 2023 is estimated at £84.9 thousand and the company has net assets of £8.1 thousand. According to their latest financial statements, we estimate that Chorlton Velo Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,413 |
| Trade Debtors | 8,111 | 8,687 | 7,404 | 8,659 | 9,750 | 4,875 | 10,279 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,200 | 1,016 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,111 | 8,687 | 7,404 | 8,659 | 9,750 | 4,875 | 10,279 | 2,200 | 2,429 |
| total assets | 8,111 | 8,687 | 7,404 | 8,659 | 9,750 | 4,875 | 10,279 | 2,200 | 2,429 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 3,909 | 3,535 | 0 | 7,259 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 0 | 3,909 | 3,535 | 0 | 7,259 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 0 | 0 | 0 | 3,909 | 3,535 | 0 | 7,259 | 0 | 0 |
| net assets | 8,111 | 8,687 | 7,404 | 4,750 | 6,215 | 4,875 | 3,020 | 2,200 | 2,429 |
| total shareholders funds | 8,111 | 8,687 | 7,404 | 4,750 | 6,215 | 4,875 | 3,020 | 2,200 | 2,429 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,413 | 1,413 |
| Debtors | -576 | 1,283 | -1,255 | -1,091 | 4,875 | -5,404 | 10,279 | 0 | 0 |
| Creditors | 0 | 0 | -3,909 | 374 | 3,535 | -7,259 | 7,259 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 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 | -2,200 | 1,184 | 1,016 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -2,200 | 1,184 | 1,016 |
chorlton velo limited Credit Report and Business Information
Chorlton Velo Limited Competitor Analysis
Perform a competitor analysis for chorlton velo limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in M21 area or any other competitors across 12 key performance metrics.
chorlton velo limited Ownership
CHORLTON VELO LIMITED group structure
Chorlton Velo Limited has no subsidiary companies.
Ultimate parent company
CHORLTON VELO LIMITED
09015303
chorlton velo limited directors
Chorlton Velo Limited currently has 3 directors. The longest serving directors include Mr Michael Key (Apr 2014) and Mr Ralph Bolton (May 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Key | 53 years | Apr 2014 | - | Director | |
| Mr Ralph Bolton | United Kingdom | 63 years | May 2014 | - | Director |
| Mr Mark Norgate | England | 64 years | May 2014 | - | Director |
P&L
April 2023turnover
84.9k
+15%
operating profit
-576
0%
gross margin
31.7%
+2.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
8.1k
-0.07%
total assets
8.1k
-0.07%
cash
0
0%
net assets
Total assets minus all liabilities
chorlton velo limited company details
company number
09015303
Type
Private Ltd By Guarantee w/o Share Cap
industry
94990 - Activities of other membership organisations n.e.c.
incorporation date
April 2014
age
10
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
April 2023
address
18 derwent avenue, chorlton, manchester, lancashire, M21 7QP
accountant
-
auditor
-
chorlton velo 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 chorlton velo limited.
chorlton velo limited Companies House Filings - See Documents
| date | description | view/download |
|---|
