china exchange (uk)
china exchange (uk) Company Information
Company Number
09167049
Website
http://chinaexchange.ukRegistered Address
32a gerrard street, london, W1D 6JA
Industry
Activities of other membership organisations n.e.c.
Telephone
02077341931
Next Accounts Due
28 days late
Group Structure
View All
Shareholders
-0%
china exchange (uk) Estimated Valuation
Pomanda estimates the enterprise value of CHINA EXCHANGE (UK) at £146.2k based on a Turnover of £234.3k and 0.62x industry multiple (adjusted for size and gross margin).
china exchange (uk) Estimated Valuation
Pomanda estimates the enterprise value of CHINA EXCHANGE (UK) at £0 based on an EBITDA of £-109.9k and a 4.86x industry multiple (adjusted for size and gross margin).
china exchange (uk) Estimated Valuation
Pomanda estimates the enterprise value of CHINA EXCHANGE (UK) at £170.1k based on Net Assets of £58.9k and 2.89x industry multiple (adjusted for liquidity).
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China Exchange (uk) Overview
China Exchange (uk) is a live company located in london, W1D 6JA with a Companies House number of 09167049. It operates in the activities of other membership organizations n.e.c. sector, SIC Code 94990. Founded in August 2014, it's largest shareholder is unknown. China Exchange (uk) is a established, micro sized company, Pomanda has estimated its turnover at £234.3k with declining growth in recent years.
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China Exchange (uk) Health Check
Pomanda's financial health check has awarded China Exchange (Uk) a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £234.3k, make it smaller than the average company (£379.9k)
£234.3k - China Exchange (uk)
£379.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (2.7%)
-16% - China Exchange (uk)
2.7% - Industry AVG
Production
with a gross margin of 54.4%, this company has a comparable cost of product (54.4%)
54.4% - China Exchange (uk)
54.4% - Industry AVG
Profitability
an operating margin of -49.3% make it less profitable than the average company (4.1%)
-49.3% - China Exchange (uk)
4.1% - Industry AVG
Employees
with 10 employees, this is similar to the industry average (9)
10 - China Exchange (uk)
9 - Industry AVG
Pay Structure
on an average salary of £17.9k, the company has a lower pay structure (£26k)
£17.9k - China Exchange (uk)
£26k - Industry AVG
Efficiency
resulting in sales per employee of £23.4k, this is less efficient (£60.4k)
£23.4k - China Exchange (uk)
£60.4k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is later than average (14 days)
61 days - China Exchange (uk)
14 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is slower than average (29 days)
32 days - China Exchange (uk)
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - China Exchange (uk)
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 43 weeks, this is less cash available to meet short term requirements (199 weeks)
43 weeks - China Exchange (uk)
199 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.1%, this is a higher level of debt than the average (13.6%)
57.1% - China Exchange (uk)
13.6% - Industry AVG
CHINA EXCHANGE (UK) financials
China Exchange (Uk)'s latest turnover from December 2022 is £234.3 thousand and the company has net assets of £58.9 thousand. According to their latest financial statements, China Exchange (Uk) has 10 employees and maintains cash reserves of £65.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 234,310 | 307,177 | 318,207 | 396,982 | 471,911 | 806,136 | 623,860 | 402,208 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -111,795 | -21,810 | 55,221 | 46,777 | -75,613 | 135,667 | 51,793 | -21,370 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -111,795 | -21,810 | 55,221 | 46,777 | -75,613 | 135,667 | 51,793 | -21,370 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -111,795 | -21,810 | 55,221 | 46,777 | -75,613 | 135,667 | 51,793 | -21,370 |
| Employee Costs | 178,993 | 88,142 | 175,701 | 198,975 | 255,617 | 260,778 | 248,716 | 151,535 |
| Number Of Employees | 10 | 16 | 18 | 17 | 17 | 17 | 14 | 5 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 18,435 | 24,707 | 24,517 | 31,178 | 23,822 | 35,930 | 66,283 | 52,172 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 18,435 | 24,707 | 24,517 | 31,178 | 23,822 | 35,930 | 66,283 | 52,172 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 70 | 422 | 354 | 0 |
| Trade Debtors | 39,202 | 702 | 947 | 7,439 | 44,761 | 6,377 | 4,381 | 10,258 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 13,630 | 38,075 | 17,909 | 20,538 | 11,660 | 21,985 | 26,118 | 3,990 |
| Cash | 65,866 | 144,907 | 204,898 | 142,209 | 161,496 | 174,937 | 21,663 | 14,687 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 118,698 | 183,684 | 223,754 | 170,186 | 217,987 | 203,721 | 52,516 | 28,935 |
| total assets | 137,133 | 208,391 | 248,271 | 201,364 | 241,809 | 239,651 | 118,799 | 81,107 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 9,563 | 3,729 | 4,924 | 6,106 | 4,587 | 8,381 | 35,440 | 16,901 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 68,701 | 33,998 | 50,873 | 58,004 | 146,745 | 65,180 | 52,936 | 85,576 |
| total current liabilities | 78,264 | 37,727 | 55,797 | 64,110 | 151,332 | 73,561 | 88,376 | 102,477 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 78,264 | 37,727 | 55,797 | 64,110 | 151,332 | 73,561 | 88,376 | 102,477 |
| net assets | 58,869 | 170,664 | 192,474 | 137,254 | 90,477 | 166,090 | 30,423 | -21,370 |
| total shareholders funds | 58,869 | 170,664 | 192,474 | 137,254 | 90,477 | 166,090 | 30,423 | -21,370 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 5,552 | 5,632 | 6,661 | 9,416 | 12,347 | 11,664 | 10,036 | 5,262 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | -70 | -352 | 68 | 354 | 0 |
| Debtors | 14,055 | 19,921 | -9,121 | -28,444 | 28,059 | -2,137 | 16,251 | 14,248 |
| Creditors | 5,834 | -1,195 | -1,182 | 1,519 | -3,794 | -27,059 | 18,539 | 16,901 |
| Accruals and Deferred Income | 34,703 | -16,875 | -7,131 | -88,741 | 81,565 | 12,244 | -32,640 | 85,576 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | -2,080 | -23,761 | -57,435 | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -2,080 | -23,761 | -57,435 | |||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | -1 | 0 | 0 | 0 | 0 | 0 |
| cash and cash equivalents | ||||||||
| cash | -79,041 | -59,991 | 62,689 | -19,287 | -13,441 | 153,274 | 6,976 | 14,687 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -79,041 | -59,991 | 62,689 | -19,287 | -13,441 | 153,274 | 6,976 | 14,687 |
china exchange (uk) Credit Report and Business Information
China Exchange (uk) Competitor Analysis
Perform a competitor analysis for china exchange (uk) by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in W1D area or any other competitors across 12 key performance metrics.
china exchange (uk) Ownership
CHINA EXCHANGE (UK) group structure
China Exchange (Uk) has no subsidiary companies.
Ultimate parent company
CHINA EXCHANGE (UK)
09167049
china exchange (uk) directors
China Exchange (Uk) currently has 5 directors. The longest serving directors include Mr James Furse (Aug 2014) and Sir Thomas Shebbeare (Aug 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Furse | England | 63 years | Aug 2014 | - | Director |
| Sir Thomas Shebbeare | 72 years | Aug 2014 | - | Director | |
| Mr Eric Yu | United Kingdom | 65 years | Mar 2022 | - | Director |
| Geyang Huang | 53 years | Mar 2022 | - | Director | |
| Dr Cangbai Wang | 56 years | Jun 2023 | - | Director |
P&L
December 2022turnover
234.3k
-24%
operating profit
-115.5k
0%
gross margin
54.4%
-8.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
58.9k
-0.66%
total assets
137.1k
-0.34%
cash
65.9k
-0.55%
net assets
Total assets minus all liabilities
china exchange (uk) company details
company number
09167049
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94990 - Activities of other membership organisations n.e.c.
incorporation date
August 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
N/A
accountant
TED BANSAL
auditor
-
address
32a gerrard street, london, W1D 6JA
Bank
HSBC BANK PLC
Legal Advisor
-
china exchange (uk) 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 china exchange (uk).
china exchange (uk) Companies House Filings - See Documents
| date | description | view/download |
|---|
