cork commercials ltd Company Information
Company Number
09160917
Website
-Registered Address
streethay farm burton road, streethay, lichfield, WS13 8RJ
Industry
Sale of other motor vehicles
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Directors
Martin Cork10 Years
Shareholders
martin roy cork 99%
anda kalnina 1%
cork commercials ltd Estimated Valuation
Pomanda estimates the enterprise value of CORK COMMERCIALS LTD at £151.2k based on a Turnover of £686k and 0.22x industry multiple (adjusted for size and gross margin).
cork commercials ltd Estimated Valuation
Pomanda estimates the enterprise value of CORK COMMERCIALS LTD at £0 based on an EBITDA of £-1.6k and a 2.8x industry multiple (adjusted for size and gross margin).
cork commercials ltd Estimated Valuation
Pomanda estimates the enterprise value of CORK COMMERCIALS LTD at £903 based on Net Assets of £308 and 2.93x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cork Commercials Ltd Overview
Cork Commercials Ltd is a live company located in lichfield, WS13 8RJ with a Companies House number of 09160917. It operates in the sale of other motor vehicles sector, SIC Code 45190. Founded in August 2014, it's largest shareholder is martin roy cork with a 99% stake. Cork Commercials Ltd is a established, small sized company, Pomanda has estimated its turnover at £686k with high growth in recent years.
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Cork Commercials Ltd Health Check
Pomanda's financial health check has awarded Cork Commercials Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £686k, make it smaller than the average company (£23.3m)
- Cork Commercials Ltd
£23.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (5.9%)
- Cork Commercials Ltd
5.9% - Industry AVG
Production
with a gross margin of 10.2%, this company has a higher cost of product (14.5%)
- Cork Commercials Ltd
14.5% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (4.4%)
- Cork Commercials Ltd
4.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (49)
3 - Cork Commercials Ltd
49 - Industry AVG
Pay Structure
on an average salary of £41.6k, the company has an equivalent pay structure (£41.6k)
- Cork Commercials Ltd
£41.6k - Industry AVG
Efficiency
resulting in sales per employee of £228.7k, this is less efficient (£525.8k)
- Cork Commercials Ltd
£525.8k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is later than average (19 days)
- Cork Commercials Ltd
19 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is close to average (41 days)
- Cork Commercials Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cork Commercials Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Cork Commercials Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.5%, this is a higher level of debt than the average (65.9%)
99.5% - Cork Commercials Ltd
65.9% - Industry AVG
CORK COMMERCIALS LTD financials
Cork Commercials Ltd's latest turnover from August 2023 is estimated at £686 thousand and the company has net assets of £308. According to their latest financial statements, Cork Commercials Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 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 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | ||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 198 | 16,110 | 24,122 | 27,387 | 625 | 16,033 | 31,510 | 1,480 | 1,974 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 45,600 | 60,800 |
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 | 198 | 16,110 | 24,122 | 27,387 | 625 | 16,033 | 31,510 | 47,080 | 62,774 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 38,850 | 58,850 |
Trade Debtors | 65,391 | 43,836 | 138,847 | 52,935 | 68,375 | 57,298 | 11,152 | 3,000 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 971 | 814 | 814 | 0 | 0 | 8,700 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 5,000 | 0 | 0 |
total current assets | 65,391 | 44,807 | 139,661 | 53,749 | 68,375 | 57,298 | 24,852 | 41,850 | 58,850 |
total assets | 65,589 | 60,917 | 163,783 | 81,136 | 69,000 | 73,331 | 56,362 | 88,930 | 121,624 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 65,181 | 47,610 | 65,723 | 31,581 | 18,828 | 71,614 | 38,250 | 48,999 | 59,630 |
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 | 65,181 | 47,610 | 65,723 | 31,581 | 18,828 | 71,614 | 38,250 | 48,999 | 59,630 |
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 | 100 | 100 | 4,700 | 2,400 | 563 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 11,303 | 19,242 | 23,541 | 42,030 | 0 | 8,700 | 31,246 | 61,633 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 100 | 11,403 | 23,942 | 25,941 | 42,593 | 0 | 8,700 | 31,246 | 61,633 |
total liabilities | 65,281 | 59,013 | 89,665 | 57,522 | 61,421 | 71,614 | 46,950 | 80,245 | 121,263 |
net assets | 308 | 1,904 | 74,118 | 23,614 | 7,579 | 1,717 | 9,412 | 8,685 | 361 |
total shareholders funds | 308 | 1,904 | 74,118 | 23,614 | 7,579 | 1,717 | 9,412 | 8,685 | 361 |
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | |||||||||
Depreciation | 0 | 0 | 494 | 658 | |||||
Amortisation | 0 | 0 | 15,200 | 15,200 | |||||
Tax | |||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | -38,850 | -20,000 | 58,850 |
Debtors | 20,584 | -94,854 | 85,912 | -14,626 | 11,077 | 37,446 | 16,852 | 3,000 | 0 |
Creditors | 17,571 | -18,113 | 34,142 | 12,753 | -52,786 | 33,364 | -10,749 | -10,631 | 59,630 |
Accruals and Deferred Income | 0 | -4,600 | 2,300 | 1,837 | 563 | 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 | -11,303 | -7,939 | -4,299 | -18,489 | 42,030 | -8,700 | -22,546 | -30,387 | 61,633 |
share issue | |||||||||
interest | |||||||||
cash flow from financing | |||||||||
cash and cash equivalents | |||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cork commercials ltd Credit Report and Business Information
Cork Commercials Ltd Competitor Analysis
Perform a competitor analysis for cork commercials ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in WS13 area or any other competitors across 12 key performance metrics.
cork commercials ltd Ownership
CORK COMMERCIALS LTD group structure
Cork Commercials Ltd has no subsidiary companies.
Ultimate parent company
CORK COMMERCIALS LTD
09160917
cork commercials ltd directors
Cork Commercials Ltd currently has 1 director, Mr Martin Cork serving since Aug 2014.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Martin Cork | England | 48 years | Aug 2014 | - | Director |
P&L
August 2023turnover
686k
+52%
operating profit
-1.6k
0%
gross margin
10.2%
-0.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
308
-0.84%
total assets
65.6k
+0.08%
cash
0
0%
net assets
Total assets minus all liabilities
cork commercials ltd company details
company number
09160917
Type
Private limited with Share Capital
industry
45190 - Sale of other motor vehicles
incorporation date
August 2014
age
10
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
August 2023
address
streethay farm burton road, streethay, lichfield, WS13 8RJ
accountant
-
auditor
-
cork commercials ltd 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 cork commercials ltd.
cork commercials ltd Companies House Filings - See Documents
date | description | view/download |
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