chance glassworks heritage trust
chance glassworks heritage trust Company Information
Company Number
09486233
Next Accounts
1915 days late
Shareholders
-
Group Structure
View All
Industry
Other building completion and finishing
Registered Address
grove house coombswood court, steelpark road, halesowen, west midlands, B62 8BF
Website
cgwht.orgchance glassworks heritage trust Estimated Valuation
Pomanda estimates the enterprise value of CHANCE GLASSWORKS HERITAGE TRUST at £15.3k based on a Turnover of £40k and 0.38x industry multiple (adjusted for size and gross margin).
chance glassworks heritage trust Estimated Valuation
Pomanda estimates the enterprise value of CHANCE GLASSWORKS HERITAGE TRUST at £0 based on an EBITDA of £-20.6k and a 4.23x industry multiple (adjusted for size and gross margin).
chance glassworks heritage trust Estimated Valuation
Pomanda estimates the enterprise value of CHANCE GLASSWORKS HERITAGE TRUST at £0 based on Net Assets of £-24.4k and 2.41x industry multiple (adjusted for liquidity).
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Chance Glassworks Heritage Trust Overview
Chance Glassworks Heritage Trust is a converted/closed company that was located in halesowen, B62 8BF with a Companies House number of 09486233. It operated in the other building completion and finishing sector, SIC Code 43390. Founded in March 2015, it's largest shareholder was unknown. The last turnover for Chance Glassworks Heritage Trust was estimated at £40k.
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Chance Glassworks Heritage Trust Health Check
Pomanda's financial health check has awarded Chance Glassworks Heritage Trust a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £40k, make it smaller than the average company (£268.4k)
£40k - Chance Glassworks Heritage Trust
£268.4k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Chance Glassworks Heritage Trust
- - Industry AVG
Production
with a gross margin of 31.7%, this company has a comparable cost of product (31.7%)
31.7% - Chance Glassworks Heritage Trust
31.7% - Industry AVG
Profitability
an operating margin of -51.8% make it less profitable than the average company (9.1%)
-51.8% - Chance Glassworks Heritage Trust
9.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Chance Glassworks Heritage Trust
5 - Industry AVG
Pay Structure
on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)
- Chance Glassworks Heritage Trust
£33.1k - Industry AVG
Efficiency
resulting in sales per employee of £40k, this is less efficient (£160.4k)
£40k - Chance Glassworks Heritage Trust
£160.4k - Industry AVG
Debtor Days
it gets paid by customers after 203 days, this is later than average (45 days)
203 days - Chance Glassworks Heritage Trust
45 days - Industry AVG
Creditor Days
its suppliers are paid after 866 days, this is slower than average (34 days)
866 days - Chance Glassworks Heritage Trust
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Chance Glassworks Heritage Trust
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (22 weeks)
9 weeks - Chance Glassworks Heritage Trust
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 141.9%, this is a higher level of debt than the average (75.4%)
141.9% - Chance Glassworks Heritage Trust
75.4% - Industry AVG
CHANCE GLASSWORKS HERITAGE TRUST financials
Chance Glassworks Heritage Trust's latest turnover from March 2018 is £40 thousand and the company has net assets of -£24.4 thousand. According to their latest financial statements, Chance Glassworks Heritage Trust has 1 employee and maintains cash reserves of £14.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|
| Turnover | 39,959 | 58,280 | 13,000 |
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | -20,586 | 3,554 | -7,347 |
| Tax | |||
| Profit After Tax | -20,586 | 3,554 | -7,347 |
| Dividends Paid | |||
| Retained Profit | -20,586 | 3,554 | -7,347 |
| Employee Costs | |||
| Number Of Employees | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|
| Tangible Assets | 21,065 | ||
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 21,065 | ||
| Stock & work in progress | |||
| Trade Debtors | 22,258 | ||
| Group Debtors | |||
| Misc Debtors | 1,376 | ||
| Cash | 14,838 | 31,117 | 10,662 |
| misc current assets | |||
| total current assets | 37,096 | 32,493 | 10,662 |
| total assets | 58,161 | 32,493 | 10,662 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 64,819 | 22,224 | 4,073 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 17,721 | 14,062 | 13,936 |
| total current liabilities | 82,540 | 36,286 | 18,009 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 82,540 | 36,286 | 18,009 |
| net assets | -24,379 | -3,793 | -7,347 |
| total shareholders funds | -24,379 | -3,793 | -7,347 |
| Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 142 | ||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 20,882 | 1,376 | |
| Creditors | 42,595 | 18,151 | 4,073 |
| Accruals and Deferred Income | 3,659 | 126 | 13,936 |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | |||
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -16,279 | 20,455 | 10,662 |
| overdraft | |||
| change in cash | -16,279 | 20,455 | 10,662 |
chance glassworks heritage trust Credit Report and Business Information
Chance Glassworks Heritage Trust Competitor Analysis
Perform a competitor analysis for chance glassworks heritage trust by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in B62 area or any other competitors across 12 key performance metrics.
chance glassworks heritage trust Ownership
CHANCE GLASSWORKS HERITAGE TRUST group structure
Chance Glassworks Heritage Trust has no subsidiary companies.
Ultimate parent company
CHANCE GLASSWORKS HERITAGE TRUST
09486233
chance glassworks heritage trust directors
Chance Glassworks Heritage Trust currently has 9 directors. The longest serving directors include Mr Mark Davies (Mar 2015) and Mr Henry Chance (Nov 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Davies | 70 years | Mar 2015 | - | Director | |
| Mr Henry Chance | 56 years | Nov 2017 | - | Director | |
| Ms Madelene Schofield-Whittingham | England | 66 years | Jan 2018 | - | Director |
| Mrs Tonia Flannagan | England | 56 years | Jul 2018 | - | Director |
| Miss Marianne Monro | England | 60 years | Jul 2018 | - | Director |
| Mr Kieran Dyde | England | 31 years | May 2019 | - | Director |
| Mr John Pye | England | 80 years | Jul 2019 | - | Director |
| Ms Olivia Hewkin | England | 36 years | Jul 2019 | - | Director |
| Mr Thomas Haydon | United Kingdom | 41 years | Jul 2019 | - | Director |
P&L
March 2018turnover
40k
-31%
operating profit
-20.7k
0%
gross margin
31.8%
+1.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2018net assets
-24.4k
+5.43%
total assets
58.2k
+0.79%
cash
14.8k
-0.52%
net assets
Total assets minus all liabilities
Similar Companies
chance glassworks heritage trust company details
company number
09486233
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
43390 - Other building completion and finishing
incorporation date
March 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2018
previous names
N/A
accountant
-
auditor
-
address
grove house coombswood court, steelpark road, halesowen, west midlands, B62 8BF
Bank
-
Legal Advisor
-
chance glassworks heritage trust 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 chance glassworks heritage trust.
chance glassworks heritage trust 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 CHANCE GLASSWORKS HERITAGE TRUST. This can take several minutes, an email will notify you when this has completed.
chance glassworks heritage trust Companies House Filings - See Documents
| date | description | view/download |
|---|
