chelsea thoroughbreds limited
chelsea thoroughbreds limited Company Information
Company Number
09211784
Website
www.chelseathoroughbreds.comRegistered Address
23a ditton green, woodditton, newmarket, CB8 9SQ
Industry
Activities of racehorse owners
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
thoroughbred pub company ltd 100%
chelsea thoroughbreds limited Estimated Valuation
Pomanda estimates the enterprise value of CHELSEA THOROUGHBREDS LIMITED at £6m based on a Turnover of £16.7m and 0.36x industry multiple (adjusted for size and gross margin).
chelsea thoroughbreds limited Estimated Valuation
Pomanda estimates the enterprise value of CHELSEA THOROUGHBREDS LIMITED at £0 based on an EBITDA of £-101.2k and a 1.36x industry multiple (adjusted for size and gross margin).
chelsea thoroughbreds limited Estimated Valuation
Pomanda estimates the enterprise value of CHELSEA THOROUGHBREDS LIMITED at £82.7k based on Net Assets of £42.9k and 1.93x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Chelsea Thoroughbreds Limited Overview
Chelsea Thoroughbreds Limited is a live company located in newmarket, CB8 9SQ with a Companies House number of 09211784. It operates in the activities of racehorse owners sector, SIC Code 93191. Founded in September 2014, it's largest shareholder is thoroughbred pub company ltd with a 100% stake. Chelsea Thoroughbreds Limited is a established, mid sized company, Pomanda has estimated its turnover at £16.7m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Chelsea Thoroughbreds Limited Health Check
Pomanda's financial health check has awarded Chelsea Thoroughbreds Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 1 areas for improvement. Company Health Check FAQs
9 Strong
1 Regular
1 Weak
Size
annual sales of £16.7m, make it larger than the average company (£255.6k)
- Chelsea Thoroughbreds Limited
£255.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 263%, show it is growing at a faster rate (4.8%)
- Chelsea Thoroughbreds Limited
4.8% - Industry AVG
Production
with a gross margin of -24.7%, this company has a comparable cost of product (-24.7%)
- Chelsea Thoroughbreds Limited
-24.7% - Industry AVG
Profitability
an operating margin of -0.6% make it more profitable than the average company (-46.7%)
- Chelsea Thoroughbreds Limited
-46.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (2)
1 - Chelsea Thoroughbreds Limited
2 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Chelsea Thoroughbreds Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £16.7m, this is more efficient (£137.5k)
- Chelsea Thoroughbreds Limited
£137.5k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (32 days)
- Chelsea Thoroughbreds Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is slower than average (4 days)
- Chelsea Thoroughbreds Limited
4 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (325 days)
- Chelsea Thoroughbreds Limited
325 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is more cash available to meet short term requirements (1 weeks)
7 weeks - Chelsea Thoroughbreds Limited
1 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.5%, this is a lower level of debt than the average (436.2%)
93.5% - Chelsea Thoroughbreds Limited
436.2% - Industry AVG
CHELSEA THOROUGHBREDS LIMITED financials
Chelsea Thoroughbreds Limited's latest turnover from December 2023 is estimated at £16.7 million and the company has net assets of £42.9 thousand. According to their latest financial statements, Chelsea Thoroughbreds Limited has 1 employee and maintains cash reserves of £85.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 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 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 326 | 967 | 1,927 | 587 | 635 | 953 | 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 | 326 | 967 | 1,927 | 587 | 635 | 953 | 0 |
| Stock & work in progress | 273,112 | 442,788 | 258,404 | 210,405 | 250,474 | 271,329 | 202,915 | 295,390 | 186,437 |
| Trade Debtors | 253,922 | 221,854 | 251,076 | 70,813 | 257,170 | 302,022 | 967,759 | 256,966 | 66,476 |
| Group Debtors | 0 | 0 | 0 | 25,554 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 42,951 | 0 | 16,612 | 164 | 0 | 0 | 0 | 0 | 0 |
| Cash | 85,736 | 145,421 | 289,325 | 258,688 | 113,811 | 118,568 | 34,581 | 102,270 | 79,939 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 22,808 | 0 | 0 | 0 |
| total current assets | 655,721 | 810,063 | 815,417 | 565,624 | 621,455 | 714,727 | 1,205,255 | 654,626 | 332,852 |
| total assets | 655,721 | 810,063 | 815,743 | 566,591 | 623,382 | 715,314 | 1,205,890 | 655,579 | 332,852 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 94,439 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 398,836 | 474,156 | 471,336 | 69,866 | 530,621 | 688,153 | 1,099,541 | 416,322 | 155,339 |
| Group/Directors Accounts | 25,398 | 23,485 | 22,949 | 22,949 | 0 | 0 | 0 | 26,354 | 17,457 |
| 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 | 188,554 | 174,059 | 231,439 | 412,970 | 0 | 0 | 0 | 98,667 | 18,400 |
| total current liabilities | 612,788 | 671,700 | 725,724 | 505,785 | 530,621 | 688,153 | 1,099,541 | 541,343 | 285,635 |
| 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 | 3,000 | 41,750 | 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 | 3,000 | 41,750 | 0 | 0 |
| total liabilities | 612,788 | 671,700 | 725,724 | 505,785 | 530,621 | 691,153 | 1,141,291 | 541,343 | 285,635 |
| net assets | 42,933 | 138,363 | 90,019 | 60,806 | 92,761 | 24,161 | 64,599 | 114,236 | 47,217 |
| total shareholders funds | 42,933 | 138,363 | 90,019 | 60,806 | 92,761 | 24,161 | 64,599 | 114,236 | 47,217 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 326 | 641 | 960 | 960 | 318 | 318 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||
| Stock | -169,676 | 184,384 | 47,999 | -40,069 | -20,855 | 68,414 | -92,475 | 108,953 | 186,437 |
| Debtors | 75,019 | -45,834 | 171,157 | -160,639 | -44,852 | -665,737 | 710,793 | 190,490 | 66,476 |
| Creditors | -75,320 | 2,820 | 401,470 | -460,755 | -157,532 | -411,388 | 683,219 | 260,983 | 155,339 |
| Accruals and Deferred Income | 14,495 | -57,380 | -181,531 | 412,970 | -3,000 | -38,750 | -56,917 | 80,267 | 18,400 |
| 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 | 1,913 | 536 | 0 | 22,949 | 0 | 0 | -26,354 | 8,897 | 17,457 |
| 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 | -59,685 | -143,904 | 30,637 | 144,877 | -4,757 | 83,987 | -67,689 | 22,331 | 79,939 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -94,439 | 94,439 |
| change in cash | -59,685 | -143,904 | 30,637 | 144,877 | -4,757 | 83,987 | -67,689 | 116,770 | -14,500 |
chelsea thoroughbreds limited Credit Report and Business Information
Chelsea Thoroughbreds Limited Competitor Analysis
Perform a competitor analysis for chelsea thoroughbreds limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mid companies, companies in CB8 area or any other competitors across 12 key performance metrics.
chelsea thoroughbreds limited Ownership
CHELSEA THOROUGHBREDS LIMITED group structure
Chelsea Thoroughbreds Limited has no subsidiary companies.
Ultimate parent company
1 parent
CHELSEA THOROUGHBREDS LIMITED
09211784
chelsea thoroughbreds limited directors
Chelsea Thoroughbreds Limited currently has 2 directors. The longest serving directors include Lord James Netherthorpe (Jan 2021) and Mr Richard Nysingh (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Lord James Netherthorpe | England | 60 years | Jan 2021 | - | Director |
| Mr Richard Nysingh | England | 61 years | May 2021 | - | Director |
P&L
December 2023turnover
16.7m
+893%
operating profit
-101.2k
0%
gross margin
-24.6%
-50.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
42.9k
-0.69%
total assets
655.7k
-0.19%
cash
85.7k
-0.41%
net assets
Total assets minus all liabilities
chelsea thoroughbreds limited company details
company number
09211784
Type
Private limited with Share Capital
industry
93191 - Activities of racehorse owners
incorporation date
September 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
CARBON ACCOUNTANCY LTD
auditor
-
address
23a ditton green, woodditton, newmarket, CB8 9SQ
Bank
-
Legal Advisor
-
chelsea thoroughbreds 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 chelsea thoroughbreds limited.
chelsea thoroughbreds limited Companies House Filings - See Documents
| date | description | view/download |
|---|
