claranet finance limited

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claranet finance limited Company Information

Share CLARANET FINANCE LIMITED

Company Number

09392854

Shareholders

clara.net holdings ltd

Group Structure

View All

Industry

Non-trading company

 

Registered Address

110 high holborn, london, WC1V 6JS

claranet finance limited Estimated Valuation

£1.4m

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

£55.6m

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

£0

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

Health Check Image
Health Rating2.5out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £2.3m, make it smaller than the average company (£3.4m)

£2.3m - Claranet Finance Limited

£3.4m - Industry AVG

growth

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

production

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

profitability

Profitability

an operating margin of 554.5% make it more profitable than the average company (5%)

554.5% - Claranet Finance Limited

5% - Industry AVG

employees

Employees

with 16 employees, this is below the industry average (41)

16 - Claranet Finance Limited

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.3k, the company has an equivalent pay structure (£40.3k)

£40.3k - Claranet Finance Limited

£40.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £142.9k, this is equally as efficient (£146.4k)

£142.9k - Claranet Finance Limited

£146.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Claranet Finance Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Claranet Finance Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Claranet Finance Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Claranet Finance Limited

- - Industry AVG

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016
Turnover2,287,0002,068,00002,049,00001,875,000179,0000
Other Income Or Grants00000000
Cost Of Sales1,471,5851,406,72702,844,00001,262,163121,5370
Gross Profit815,415661,2730-795,0000612,83757,4630
Admin Expenses-11,864,855-3,862,3170-6,665,836-6,467,441-5,445,658-2,037,6931,477,062
Operating Profit12,680,2704,523,59005,870,8366,467,4416,058,4952,095,156-1,477,062
Interest Payable002,191,00002,411,0002,226,0003,336,0004,391,000
Interest Receivable001,855,00002,028,000000
Pre-Tax Profit-4,684,000-2,834,000-403,000-795,000-699,000-651,000-4,145,000-4,658,000
Tax00000000
Profit After Tax-4,684,000-2,834,000-403,000-795,000-699,000-651,000-4,145,000-4,658,000
Dividends Paid00000000
Retained Profit-4,684,000-2,834,000-403,000-795,000-699,000-651,000-4,145,000-4,658,000
Employee Costs644,522570,7400546,29236,034518,99166,55932,429
Number Of Employees161511511521
EBITDA*12,680,2704,523,59005,870,8366,467,4416,058,4952,095,156-1,477,062

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016
Tangible Assets64,742,00064,690,00054,501,00052,645,00050,619,00048,579,00046,704,00046,525,000
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)64,742,00064,690,00054,501,00052,645,00050,619,00048,579,00046,704,00046,525,000
Total Fixed Assets64,742,00064,690,00054,501,00052,645,00050,619,00048,579,00046,704,00046,525,000
Stock & work in progress00000000
Trade Debtors00000000
Group Debtors00000000
Misc Debtors00000000
Cash00000000
misc current assets00000000
total current assets00000000
total assets64,742,00064,690,00054,501,00052,645,00050,619,00048,579,00046,704,00046,525,000
Bank overdraft00000000
Bank loan0047,324,00000000
Trade Creditors 00000000
Group/Directors Accounts00000000
other short term finances00000000
hp & lease commitments00000000
other current liabilities1,727,0001,053,00018,528,00000000
total current liabilities1,727,0001,053,00065,852,00000000
loans160,070,000155,644,0000110,849,000107,703,000104,636,000101,810,00097,875,000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities00000000
provisions00000000
total long term liabilities81,884,00077,822,000063,593,00060,772,00058,033,00055,507,00051,183,000
total liabilities83,611,00078,875,00065,852,00063,593,00060,772,00058,033,00055,507,00051,183,000
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 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016
Operating Activities
Operating Profit12,680,2704,523,59005,870,8366,467,4416,058,4952,095,156-1,477,062
Depreciation00000000
Amortisation00000000
Tax00000000
Stock00000000
Debtors52,00010,189,0001,856,0002,026,0002,040,0001,875,000179,00046,525,000
Creditors00000000
Accruals and Deferred Income674,000-17,475,00018,528,00000000
Deferred Taxes & Provisions00000000
Cash flow from operations13,302,270-23,140,41016,672,0003,844,8364,427,4414,183,4951,916,156-48,002,062
Investing Activities
capital expenditure-52,000-10,189,000-1,856,000-2,026,000-2,040,000-1,875,000-179,000-46,525,000
Change in Investments00000000
cash flow from investments-52,000-10,189,000-1,856,000-2,026,000-2,040,000-1,875,000-179,000-46,525,000
Financing Activities
Bank loans0-47,324,00047,324,00000000
Group/Directors Accounts00000000
Other Short Term Loans 00000000
Long term loans4,426,000155,644,000-110,849,0003,146,0003,067,0002,826,0003,935,00097,875,000
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue00000000
interest00-336,0000-383,000-2,226,000-3,336,000-4,391,000
cash flow from financing4,426,000108,320,000-63,861,0003,146,0002,684,000600,000599,00093,484,000
cash and cash equivalents
cash00000000
overdraft00000000
change in cash00000000

claranet finance limited 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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Claranet Finance Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

clara.net holdings ltd 100%

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).

officercountryagestartendrole
Mr Nigel FairhurstUnited Kingdom61 years Jan 2015- Director
Mr Nigel FairhurstUnited Kingdom61 years Jan 2015- Director
Mr Charles NasserEngland55 years Jan 2015- Director

P&L

June 2023

turnover

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 2023

net 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

CLARANET INTERNATIONAL LTD

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.

Click to start generating capital raising & share issue transactions for CLARANET FINANCE LIMITED. This can take several minutes, an email will notify you when this has completed.

claranet finance limited Companies House Filings - See Documents

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