Pomanda estimates the enterprise value of CLOSE COMMS LIMITED at £1.1m based on a Turnover of £1.2m and 0.88x industry multiple (adjusted for size and gross margin).
close comms limitedEstimated Valuation
£770.2k
Pomanda estimates the enterprise value of CLOSE COMMS LIMITED at £770.2k based on an EBITDA of £143.2k and a 5.38x industry multiple (adjusted for size and gross margin).
close comms limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of CLOSE COMMS LIMITED at £0 based on Net Assets of £-1.1m and 2.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Close Comms LimitedOverview
Close Comms Limited is a live company located in bristol, BS40 5QA with a Companies House number of 09504974. It operates in the business and domestic software development sector, SIC Code 62012. Founded in March 2015, it's largest shareholder is
granea holdings ltd
with a 69.5% stake. Close Comms Limited is a established,
small sized company, Pomanda has estimated its turnover at
£1.2m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Close Comms Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
2 Regular
6 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£4.6m)
£1.2m - Close Comms Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (10.2%)
5% - Close Comms Limited
10.2% - Industry AVG
Production
with a gross margin of 72%, this company has a comparable cost of product (72%)
72% - Close Comms Limited
72% - Industry AVG
Profitability
an operating margin of 11.9% make it more profitable than the average company (3.4%)
11.9% - Close Comms Limited
3.4% - Industry AVG
Employees
with 12 employees, this is below the industry average (42)
12 - Close Comms Limited
42 - Industry AVG
Pay Structure
on an average salary of £71.7k, the company has an equivalent pay structure (£71.7k)
£71.7k - Close Comms Limited
£71.7k - Industry AVG
Efficiency
resulting in sales per employee of £100.5k, this is less efficient (£122.3k)
£100.5k - Close Comms Limited
£122.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Close Comms Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (41 days)
1 days - Close Comms Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Close Comms Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Close Comms Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 497.5%, this is a higher level of debt than the average (63.1%)
497.5% - Close Comms Limited
63.1% - Industry AVG
CLOSE COMMS LIMITED financials
EXPORT
Close Comms Limited's latest turnover from December 2023 is estimated at £1.2 million and the company has net assets of -£1.1 million. According to their latest financial statements, Close Comms Limited has 12 employees and maintains cash reserves of 0 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
1,206,290
1,128,380
1,059,765
1,041,347
1,434,240
20,656
4,493
75
43,174
Other Income Or Grants
Cost Of Sales
337,740
322,595
286,339
287,439
389,027
5,657
1,237
21
11,708
Gross Profit
868,550
805,785
773,426
753,909
1,045,213
14,999
3,256
54
31,466
Admin Expenses
725,319
749,456
814,939
986,096
1,860,132
507,092
338,211
63,653
177,527
Operating Profit
143,231
56,329
-41,513
-232,187
-814,919
-492,093
-334,955
-63,599
-146,061
Interest Payable
143,231
61,259
516
Interest Receivable
32
427
1,011
660
219
326
Pre-Tax Profit
-4,930
-42,029
-232,155
-814,492
-491,082
-334,295
-63,380
-145,735
Tax
Profit After Tax
-4,930
-42,029
-232,155
-814,492
-491,082
-334,295
-63,380
-145,735
Dividends Paid
Retained Profit
-4,930
-42,029
-232,155
-814,492
-491,082
-334,295
-63,380
-145,735
Employee Costs
860,149
817,047
760,636
722,738
992,889
61,593
59,270
56,856
54,300
Number Of Employees
12
12
12
12
16
1
1
1
1
EBITDA*
143,231
56,329
-36,082
-225,426
-807,818
-486,848
-333,069
-63,599
-144,902
* 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
24,084
24,084
24,084
27,158
32,581
28,186
9,091
9,431
7,424
Intangible Assets
199,824
199,824
199,824
199,824
199,824
199,824
199,824
199,824
199,824
Investments & Other
Debtors (Due After 1 year)
40,000
40,000
Total Fixed Assets
263,908
263,908
223,908
226,982
232,405
228,010
208,915
209,255
207,248
Stock & work in progress
Trade Debtors
3,330
854
8,383
Group Debtors
Misc Debtors
10,765
10,765
403
103,397
131,366
89,145
75,968
51,374
Cash
46
63,767
50,175
219,420
44,400
130,481
misc current assets
total current assets
10,765
10,765
403
103,443
195,133
142,650
296,242
95,774
138,864
total assets
274,673
274,673
224,311
330,425
427,538
370,660
505,157
305,029
346,112
Bank overdraft
1,613
1,613
16,506
Bank loan
Trade Creditors
1,505
1,505
1,504
22,464
24,929
15,373
1,114
38
674
Group/Directors Accounts
1,222,050
1,282,307
1,146,900
351,370
other short term finances
hp & lease commitments
other current liabilities
91,748
91,748
71,068
70,442
68,342
2,058
11,102
29,106
total current liabilities
94,866
94,866
1,311,128
1,375,213
1,240,171
368,801
12,216
29,144
674
loans
1,271,554
1,271,554
hp & lease commitments
Accruals and Deferred Income
1,527
other liabilities
provisions
4,646
total long term liabilities
1,271,554
1,271,554
6,173
total liabilities
1,366,420
1,366,420
1,311,128
1,375,213
1,240,171
368,801
12,216
29,144
6,847
net assets
-1,091,747
-1,091,747
-1,086,817
-1,044,788
-812,633
1,859
492,941
275,885
339,265
total shareholders funds
-1,091,747
-1,091,747
-1,086,817
-1,044,788
-812,633
1,859
492,941
275,885
339,265
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Operating Activities
Operating Profit
143,231
56,329
-41,513
-232,187
-814,919
-492,093
-334,955
-63,599
-146,061
Depreciation
5,431
6,761
7,101
5,245
1,886
1,159
Amortisation
Tax
Stock
Debtors
50,362
-102,994
-27,969
38,891
15,653
25,448
42,991
8,383
Creditors
1
-20,960
-2,465
9,556
14,259
1,076
-636
674
Accruals and Deferred Income
20,680
626
2,100
66,284
-9,044
-18,004
27,579
1,527
Deferred Taxes & Provisions
-4,646
4,646
Cash flow from operations
143,231
26,648
46,578
-197,822
-770,869
-497,286
-375,445
-84,293
-146,438
Investing Activities
capital expenditure
-2,357
-1,338
-11,496
-24,340
-1,546
-2,007
-208,407
Change in Investments
cash flow from investments
-2,357
-1,338
-11,496
-24,340
-1,546
-2,007
-208,407
Financing Activities
Bank loans
Group/Directors Accounts
-1,222,050
-60,257
135,407
795,530
351,370
Other Short Term Loans
Long term loans
1,271,554
Hire Purchase and Lease Commitments
other long term liabilities
share issue
551,351
485,000
interest
-143,231
-61,259
-516
32
427
1,011
660
219
326
cash flow from financing
-143,231
-11,755
-60,773
135,439
795,957
352,381
552,011
219
485,326
cash and cash equivalents
cash
-46
-63,721
13,592
-169,245
175,020
-86,081
130,481
overdraft
-14,893
16,506
change in cash
14,893
-16,552
-63,721
13,592
-169,245
175,020
-86,081
130,481
close comms limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for close comms limited. Get real-time insights into close comms limited's credit score, group structure and payment trends.
Perform a competitor analysis for close comms limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in BS40 area or any other competitors across 12 key performance metrics.
close comms limited Ownership
CLOSE COMMS LIMITED group structure
Close Comms Limited has no subsidiary companies.
Ultimate parent company
GRANEA HOLDING LTD
#0113586
1 parent
CLOSE COMMS LIMITED
09504974
CLOSE COMMS LIMITED Shareholders
The largest shareholders in Close Comms Limited include Granea Holdings Ltd and Christopher Smith.
granea holdings ltd
69.46%
christopher smith
30.28%
peter oosterbosch
0.26%
close comms limited directors
Close Comms Limited currently has 2 directors.
The longest serving directors include
Mr Christopher Smith (Mar 2015) and
Mr Anders Gratte (Nov 2017).
62012 - Business and domestic software development
incorporation date
March 2015
age
10
incorporated
UK
ultimate parent company
GRANEA HOLDING LTD
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
STAS LTD
auditor
-
address
the clock house high street, wrington, bristol, north somerset, BS40 5QA
Bank
-
Legal Advisor
-
close comms 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 close comms limited.
close comms 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 CLOSE COMMS LIMITED. This can take several minutes, an email will notify you when this has completed.
close comms limitedCompanies House Filings - See Documents
