cordwainers grow cic

1

cordwainers grow cic Company Information

Share CORDWAINERS GROW CIC
Live 
EstablishedMicroDeclining

Company Number

09318812

Registered Address

victoria park community centre, 5 gore road, london, E9 7HR

Industry

Other education n.e.c.

 

Telephone

02079291121

Next Accounts Due

August 2025

Group Structure

View All

Directors

Kate Poland9 Years

Neela Basu7 Years

View All

Shareholders

-0%

cordwainers grow cic Estimated Valuation

£39.9k

Pomanda estimates the enterprise value of CORDWAINERS GROW CIC at £39.9k based on a Turnover of £51.3k and 0.78x industry multiple (adjusted for size and gross margin).

cordwainers grow cic Estimated Valuation

£2.9k

Pomanda estimates the enterprise value of CORDWAINERS GROW CIC at £2.9k based on an EBITDA of £767 and a 3.81x industry multiple (adjusted for size and gross margin).

cordwainers grow cic Estimated Valuation

£4.6k

Pomanda estimates the enterprise value of CORDWAINERS GROW CIC at £4.6k based on Net Assets of £2k and 2.27x industry multiple (adjusted for liquidity).

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Cordwainers Grow Cic Overview

Cordwainers Grow Cic is a live company located in london, E9 7HR with a Companies House number of 09318812. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in November 2014, it's largest shareholder is unknown. Cordwainers Grow Cic is a established, micro sized company, Pomanda has estimated its turnover at £51.3k with declining growth in recent years.

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Cordwainers Grow Cic Health Check

Pomanda's financial health check has awarded Cordwainers Grow Cic a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £51.3k, make it smaller than the average company (£483.4k)

£51.3k - Cordwainers Grow Cic

£483.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -40%, show it is growing at a slower rate (5.7%)

-40% - Cordwainers Grow Cic

5.7% - Industry AVG

production

Production

with a gross margin of 57.3%, this company has a comparable cost of product (57.3%)

57.3% - Cordwainers Grow Cic

57.3% - Industry AVG

profitability

Profitability

an operating margin of 1.5% make it less profitable than the average company (5.1%)

1.5% - Cordwainers Grow Cic

5.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (13)

1 - Cordwainers Grow Cic

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £29k, the company has an equivalent pay structure (£29k)

£29k - Cordwainers Grow Cic

£29k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £51.3k, this is equally as efficient (£51.3k)

£51.3k - Cordwainers Grow Cic

£51.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Cordwainers Grow Cic

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Cordwainers Grow Cic

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Cordwainers Grow Cic

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Cordwainers Grow Cic

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 60.9%, this is a higher level of debt than the average (23.6%)

60.9% - Cordwainers Grow Cic

23.6% - Industry AVG

CORDWAINERS GROW CIC financials

EXPORTms excel logo

Cordwainers Grow Cic's latest turnover from November 2023 is estimated at £51.3 thousand and the company has net assets of £2 thousand. According to their latest financial statements, Cordwainers Grow Cic has 1 employee and maintains cash reserves of £5.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015
Turnover51,316247,448241,940240,630192,11768,94846,39932,40335,787
Other Income Or Grants000000000
Cost Of Sales21,939105,452109,609115,50389,02034,93823,25116,14018,117
Gross Profit29,377141,996132,331125,128103,09734,01023,14816,26317,670
Admin Expenses28,609149,432141,092138,96669,47332,54823,87318,33510,170
Operating Profit768-7,436-8,761-13,83833,6241,462-725-2,0727,500
Interest Payable000000000
Interest Receivable23923315261390000
Pre-Tax Profit1,007-7,203-8,746-13,81233,7631,232-686-2,0576,017
Tax-252000-6,4150000
Profit After Tax755-7,203-8,746-13,81227,3481,232-686-2,0576,017
Dividends Paid000000000
Retained Profit755-7,203-8,746-13,81227,3481,232-686-2,0576,017
Employee Costs29,046136,956134,376130,443100,74333,68010,39323,73420,557
Number Of Employees155542111
EBITDA*768-7,436-8,761-13,83833,6241,462-725-2,0727,500

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015
Tangible Assets000000000
Intangible Assets000000000
Investments & Other000000000
Debtors (Due After 1 year)000000000
Total Fixed Assets000000000
Stock & work in progress000000000
Trade Debtors0000011,9205,5412,4955,312
Group Debtors000000000
Misc Debtors06,2646,2646,2646,2640000
Cash5,1544,39911,12419,45033,2623,77012,0333,4138,478
misc current assets000000000
total current assets5,15410,66317,38825,71439,52615,69017,5745,90813,790
total assets5,15410,66317,38825,71439,52615,69017,5745,90813,790
Bank overdraft000000000
Bank loan000000000
Trade Creditors 0000010,2529,82200
Group/Directors Accounts000000000
other short term finances000000000
hp & lease commitments000000000
other current liabilities008,9248,5048,5049324,4781,9487,773
total current liabilities008,9248,5048,50411,18414,3001,9487,773
loans000000000
hp & lease commitments000000000
Accruals and Deferred Income000000000
other liabilities3,1389,4020000000
provisions000000000
total long term liabilities3,1389,4020000000
total liabilities3,1389,4028,9248,5048,50411,18414,3001,9487,773
net assets2,0161,2618,46417,21031,0224,5063,2743,9606,017
total shareholders funds2,0161,2618,46417,21031,0224,5063,2743,9606,017
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015
Operating Activities
Operating Profit768-7,436-8,761-13,83833,6241,462-725-2,0727,500
Depreciation000000000
Amortisation000000000
Tax-252000-6,4150000
Stock000000000
Debtors-6,264000-5,6566,3793,046-2,8175,312
Creditors0000-10,2524309,82200
Accruals and Deferred Income0-8,92442007,572-3,5462,530-5,8257,773
Deferred Taxes & Provisions000000000
Cash flow from operations6,780-16,360-8,341-13,83830,185-8,0338,581-5,0809,961
Investing Activities
capital expenditure000000000
Change in Investments000000000
cash flow from investments000000000
Financing Activities
Bank loans000000000
Group/Directors Accounts000000000
Other Short Term Loans 000000000
Long term loans000000000
Hire Purchase and Lease Commitments000000000
other long term liabilities-6,2649,4020000000
share issue0000-8320000
interest23923315261390000
cash flow from financing-6,0259,6351526-6930000
cash and cash equivalents
cash755-6,725-8,326-13,81229,492-8,2638,620-5,0658,478
overdraft000000000
change in cash755-6,725-8,326-13,81229,492-8,2638,620-5,0658,478

cordwainers grow cic Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Cordwainers Grow Cic Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for cordwainers grow cic by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in E 9 area or any other competitors across 12 key performance metrics.

cordwainers grow cic Ownership

CORDWAINERS GROW CIC group structure

Cordwainers Grow Cic has no subsidiary companies.

Ultimate parent company

CORDWAINERS GROW CIC

09318812

CORDWAINERS GROW CIC Shareholders

--

cordwainers grow cic directors

Cordwainers Grow Cic currently has 5 directors. The longest serving directors include Ms Kate Poland (Nov 2014) and Ms Neela Basu (Jan 2017).

officercountryagestartendrole
Ms Kate PolandEngland62 years Nov 2014- Director
Ms Neela BasuUnited Kingdom44 years Jan 2017- Director
Ms Jan Fuscoe63 years Mar 2017- Director
Miss Deborah MitchenerEngland52 years May 2019- Director
Miss Nadia El-FakhriEngland31 years Oct 2020- Director

P&L

November 2023

turnover

51.3k

-79%

operating profit

767.8

0%

gross margin

57.3%

-0.24%

turnover

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

Balance Sheet

November 2023

net assets

2k

+0.6%

total assets

5.2k

-0.52%

cash

5.2k

+0.17%

net assets

Total assets minus all liabilities

cordwainers grow cic company details

company number

09318812

Type

Private Ltd By Guarantee w/o Share Cap

industry

85590 - Other education n.e.c.

incorporation date

November 2014

age

10

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

victoria park community centre, 5 gore road, london, E9 7HR

Bank

UNITY BANK PLC

Legal Advisor

-

cordwainers grow cic 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 cordwainers grow cic.

charges

cordwainers grow cic Companies House Filings - See Documents

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