claranet finance limited Company Information
Company Number
09392854
Next Accounts
Mar 2025
Shareholders
clara.net holdings ltd
Group Structure
View All
Industry
Non-trading company
Registered Address
110 high holborn, london, WC1V 6JS
Website
claranet.comclaranet finance limited Estimated Valuation
Pomanda estimates the enterprise value of CLARANET FINANCE LIMITED at £1.4m based on a Turnover of £2.3m and 0.62x industry multiple (adjusted for size and gross margin).
claranet finance limited Estimated Valuation
Pomanda estimates the enterprise value of CLARANET FINANCE LIMITED at £55.6m based on an EBITDA of £12.7m and a 4.39x industry multiple (adjusted for size and gross margin).
claranet finance limited Estimated Valuation
Pomanda estimates the enterprise value of CLARANET FINANCE LIMITED at £0 based on Net Assets of £-18.9m and 1.35x industry multiple (adjusted for liquidity).
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Claranet Finance Limited Overview
Claranet Finance Limited is a live company located in london, WC1V 6JS with a Companies House number of 09392854. It operates in the non-trading company sector, SIC Code 74990. Founded in January 2015, it's largest shareholder is clara.net holdings ltd with a 100% stake. Claranet Finance Limited is a established, small sized company, Pomanda has estimated its turnover at £2.3m with low growth in recent years.
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Claranet Finance Limited Health Check
Pomanda's financial health check has awarded Claranet Finance Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 3 areas for improvement. Company Health Check FAQs
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1 Strong
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4 Regular
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3 Weak
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Size
annual sales of £2.3m, make it smaller than the average company (£3.4m)
£2.3m - Claranet Finance Limited
£3.4m - Industry AVG
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Growth
3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (4.3%)
4% - Claranet Finance Limited
4.3% - Industry AVG
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Production
with a gross margin of 35.7%, this company has a comparable cost of product (35.7%)
35.7% - Claranet Finance Limited
35.7% - Industry AVG
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Profitability
an operating margin of 554.5% make it more profitable than the average company (5%)
554.5% - Claranet Finance Limited
5% - Industry AVG
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Employees
with 16 employees, this is below the industry average (41)
- Claranet Finance Limited
41 - Industry AVG
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Pay Structure
on an average salary of £40.3k, the company has an equivalent pay structure (£40.3k)
- Claranet Finance Limited
£40.3k - Industry AVG
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Efficiency
resulting in sales per employee of £142.9k, this is equally as efficient (£146.4k)
- Claranet Finance Limited
£146.4k - Industry AVG
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Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Claranet Finance Limited
- - Industry AVG
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Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Claranet Finance Limited
- - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Claranet Finance Limited
- - Industry AVG
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Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Claranet Finance Limited
- - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 129.1%, this is a higher level of debt than the average (47.6%)
129.1% - Claranet Finance Limited
47.6% - Industry AVG
CLARANET FINANCE LIMITED financials
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Claranet Finance Limited's latest turnover from June 2023 is £2.3 million and the company has net assets of -£18.9 million. According to their latest financial statements, we estimate that Claranet Finance Limited has 16 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
---|---|---|---|---|---|---|---|---|
Turnover | 2,287,000 | 2,068,000 | 0 | 2,049,000 | 0 | 1,875,000 | 179,000 | 0 |
Other Income Or Grants | 0 | 0 | 0 | 0 | ||||
Cost Of Sales | 0 | 2,844,000 | 0 | 0 | ||||
Gross Profit | 0 | -795,000 | 0 | 0 | ||||
Admin Expenses | 0 | |||||||
Operating Profit | 0 | |||||||
Interest Payable | 0 | 0 | 2,191,000 | 0 | 2,411,000 | 2,226,000 | 3,336,000 | 4,391,000 |
Interest Receivable | 0 | 0 | 1,855,000 | 0 | 2,028,000 | 0 | 0 | 0 |
Pre-Tax Profit | -4,684,000 | -2,834,000 | -403,000 | -795,000 | -699,000 | -651,000 | -4,145,000 | -4,658,000 |
Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit After Tax | -4,684,000 | -2,834,000 | -403,000 | -795,000 | -699,000 | -651,000 | -4,145,000 | -4,658,000 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | -4,684,000 | -2,834,000 | -403,000 | -795,000 | -699,000 | -651,000 | -4,145,000 | -4,658,000 |
Employee Costs | 0 | |||||||
Number Of Employees | ||||||||
EBITDA* | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
---|---|---|---|---|---|---|---|---|
Tangible Assets | 64,742,000 | 64,690,000 | 54,501,000 | 52,645,000 | 50,619,000 | 48,579,000 | 46,704,000 | 46,525,000 |
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) | 64,742,000 | 64,690,000 | 54,501,000 | 52,645,000 | 50,619,000 | 48,579,000 | 46,704,000 | 46,525,000 |
Total Fixed Assets | 64,742,000 | 64,690,000 | 54,501,000 | 52,645,000 | 50,619,000 | 48,579,000 | 46,704,000 | 46,525,000 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total assets | 64,742,000 | 64,690,000 | 54,501,000 | 52,645,000 | 50,619,000 | 48,579,000 | 46,704,000 | 46,525,000 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 47,324,000 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | 1,727,000 | 1,053,000 | 18,528,000 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,727,000 | 1,053,000 | 65,852,000 | 0 | 0 | 0 | 0 | 0 |
loans | 160,070,000 | 155,644,000 | 0 | 110,849,000 | 107,703,000 | 104,636,000 | 101,810,000 | 97,875,000 |
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 | 81,884,000 | 77,822,000 | 0 | 63,593,000 | 60,772,000 | 58,033,000 | 55,507,000 | 51,183,000 |
total liabilities | 83,611,000 | 78,875,000 | 65,852,000 | 63,593,000 | 60,772,000 | 58,033,000 | 55,507,000 | 51,183,000 |
net assets | -18,869,000 | -14,185,000 | -11,351,000 | -10,948,000 | -10,153,000 | -9,454,000 | -8,803,000 | -4,658,000 |
total shareholders funds | -18,869,000 | -14,185,000 | -11,351,000 | -10,948,000 | -10,153,000 | -9,454,000 | -8,803,000 | -4,658,000 |
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||
Operating Profit | 0 | |||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 52,000 | 10,189,000 | 1,856,000 | 2,026,000 | 2,040,000 | 1,875,000 | 179,000 | 46,525,000 |
Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 674,000 | -17,475,000 | 18,528,000 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 16,672,000 | |||||||
Investing Activities | ||||||||
capital expenditure | ||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||
Financing Activities | ||||||||
Bank loans | 0 | -47,324,000 | 47,324,000 | 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 | 4,426,000 | 155,644,000 | -110,849,000 | 3,146,000 | 3,067,000 | 2,826,000 | 3,935,000 | 97,875,000 |
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 | -336,000 | 0 | -383,000 | -2,226,000 | -3,336,000 | -4,391,000 |
cash flow from financing | 4,426,000 | 108,320,000 | -63,861,000 | 3,146,000 | 2,684,000 | 600,000 | 599,000 | 93,484,000 |
cash and cash equivalents | ||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
claranet finance limited Credit Report and Business Information
Claranet Finance Limited Competitor Analysis
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Perform a competitor analysis for claranet finance limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in WC1V area or any other competitors across 12 key performance metrics.
claranet finance limited Ownership
CLARANET FINANCE LIMITED group structure
Claranet Finance Limited has no subsidiary companies.
Ultimate parent company
CLARANET INTERNATIONAL LTD
#0050452
CLARA.NET HOLDINGS LTD
#0038526
2 parents
CLARANET FINANCE LIMITED
09392854
claranet finance limited directors
Claranet Finance Limited currently has 3 directors. The longest serving directors include Mr Nigel Fairhurst (Jan 2015) and Mr Nigel Fairhurst (Jan 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Nigel Fairhurst | United Kingdom | 61 years | Jan 2015 | - | Director |
Mr Nigel Fairhurst | United Kingdom | 61 years | Jan 2015 | - | Director |
Mr Charles Nasser | England | 55 years | Jan 2015 | - | Director |
P&L
June 2023turnover
2.3m
+11%
operating profit
12.7m
0%
gross margin
35.7%
+11.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-18.9m
+0.33%
total assets
64.7m
0%
cash
0
0%
net assets
Total assets minus all liabilities
claranet finance limited company details
company number
09392854
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
January 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
110 high holborn, london, WC1V 6JS
Bank
-
Legal Advisor
-
claranet finance 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 found 4 charges/mortgages relating to claranet finance limited. Currently there are 1 open charges and 3 have been satisfied in the past.
claranet finance limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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claranet finance limited Companies House Filings - See Documents
date | description | view/download |
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