city mobiles & convenience store ltd
city mobiles & convenience store ltd Company Information
Company Number
09686392
Website
-Registered Address
1293 ashton old road, manchester, M11 1JS
Industry
Repair of communication equipment
Repair of computers and peripheral equipment
Telephone
01614786560
Next Accounts Due
April 2025
Group Structure
View All
Directors
Tasbeeh Ullah9 Years
Shareholders
tasbeeh ullah 100%
city mobiles & convenience store ltd Estimated Valuation
Pomanda estimates the enterprise value of CITY MOBILES & CONVENIENCE STORE LTD at £88.6k based on a Turnover of £142.7k and 0.62x industry multiple (adjusted for size and gross margin).
city mobiles & convenience store ltd Estimated Valuation
Pomanda estimates the enterprise value of CITY MOBILES & CONVENIENCE STORE LTD at £10k based on an EBITDA of £2.4k and a 4.15x industry multiple (adjusted for size and gross margin).
city mobiles & convenience store ltd Estimated Valuation
Pomanda estimates the enterprise value of CITY MOBILES & CONVENIENCE STORE LTD at £13.6k based on Net Assets of £18.9k and 0.72x industry multiple (adjusted for liquidity).
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City Mobiles & Convenience Store Ltd Overview
City Mobiles & Convenience Store Ltd is a live company located in manchester, M11 1JS with a Companies House number of 09686392. It operates in the repair of computers and peripheral equipment sector, SIC Code 95110. Founded in July 2015, it's largest shareholder is tasbeeh ullah with a 100% stake. City Mobiles & Convenience Store Ltd is a young, micro sized company, Pomanda has estimated its turnover at £142.7k with declining growth in recent years.
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City Mobiles & Convenience Store Ltd Health Check
Pomanda's financial health check has awarded City Mobiles & Convenience Store Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £142.7k, make it smaller than the average company (£217.6k)
- City Mobiles & Convenience Store Ltd
£217.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (1.4%)
- City Mobiles & Convenience Store Ltd
1.4% - Industry AVG
Production
with a gross margin of 34.5%, this company has a comparable cost of product (41.6%)
- City Mobiles & Convenience Store Ltd
41.6% - Industry AVG
Profitability
an operating margin of 1.7% make it more profitable than the average company (-3%)
- City Mobiles & Convenience Store Ltd
-3% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - City Mobiles & Convenience Store Ltd
4 - Industry AVG
Pay Structure
on an average salary of £20.9k, the company has an equivalent pay structure (£20.9k)
- City Mobiles & Convenience Store Ltd
£20.9k - Industry AVG
Efficiency
resulting in sales per employee of £71.4k, this is equally as efficient (£79.2k)
- City Mobiles & Convenience Store Ltd
£79.2k - Industry AVG
Debtor Days
it gets paid by customers after 83 days, this is later than average (27 days)
- City Mobiles & Convenience Store Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (32 days)
- City Mobiles & Convenience Store Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- City Mobiles & Convenience Store Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - City Mobiles & Convenience Store Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.5%, this is a lower level of debt than the average (79%)
43.5% - City Mobiles & Convenience Store Ltd
79% - Industry AVG
CITY MOBILES & CONVENIENCE STORE LTD financials
City Mobiles & Convenience Store Ltd's latest turnover from July 2023 is estimated at £142.7 thousand and the company has net assets of £18.9 thousand. According to their latest financial statements, City Mobiles & Convenience Store Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 932 | 1,166 | 1,457 | 1,821 | 2,276 | 2,845 | 3,556 | 1,300 |
| 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) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 932 | 1,166 | 1,457 | 1,821 | 2,276 | 2,845 | 3,556 | 1,300 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 18,929 | 7,219 |
| Trade Debtors | 32,614 | 36,193 | 37,006 | 47,357 | 24,047 | 22,389 | 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 | 2,347 | 1,512 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 32,614 | 36,193 | 37,006 | 47,357 | 24,047 | 22,389 | 21,276 | 8,731 |
| total assets | 33,546 | 37,359 | 38,463 | 49,178 | 26,323 | 25,234 | 24,832 | 10,031 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 924 | 896 | 872 | 12,314 | 14,338 | 15,540 | 17,968 | 5,859 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 924 | 896 | 872 | 12,314 | 14,338 | 15,540 | 17,968 | 5,859 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 13,674 | 19,322 | 22,140 | 23,000 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 13,674 | 19,322 | 22,140 | 23,000 | 0 | 0 | 0 | 0 |
| total liabilities | 14,598 | 20,218 | 23,012 | 35,314 | 14,338 | 15,540 | 17,968 | 5,859 |
| net assets | 18,948 | 17,141 | 15,451 | 13,864 | 11,985 | 9,694 | 6,864 | 4,172 |
| total shareholders funds | 18,948 | 17,141 | 15,451 | 13,864 | 11,985 | 9,694 | 6,864 | 4,172 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 889 | 325 | ||||||
| Amortisation | 0 | 0 | ||||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | -18,929 | 11,710 | 7,219 |
| Debtors | -3,579 | -813 | -10,351 | 23,310 | 1,658 | 22,389 | 0 | 0 |
| Creditors | 28 | 24 | -11,442 | -2,024 | -1,202 | -2,428 | 12,109 | 5,859 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -5,648 | -2,818 | -860 | 23,000 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -2,347 | 835 | 1,512 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -2,347 | 835 | 1,512 |
city mobiles & convenience store ltd Credit Report and Business Information
City Mobiles & Convenience Store Ltd Competitor Analysis
Perform a competitor analysis for city mobiles & convenience store ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in M11 area or any other competitors across 12 key performance metrics.
city mobiles & convenience store ltd Ownership
CITY MOBILES & CONVENIENCE STORE LTD group structure
City Mobiles & Convenience Store Ltd has no subsidiary companies.
Ultimate parent company
CITY MOBILES & CONVENIENCE STORE LTD
09686392
city mobiles & convenience store ltd directors
City Mobiles & Convenience Store Ltd currently has 1 director, Mr Tasbeeh Ullah serving since Jul 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Tasbeeh Ullah | England | 36 years | Jul 2015 | - | Director |
P&L
July 2023turnover
142.7k
-20%
operating profit
2.4k
0%
gross margin
34.5%
+1.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
18.9k
+0.11%
total assets
33.5k
-0.1%
cash
0
0%
net assets
Total assets minus all liabilities
city mobiles & convenience store ltd company details
company number
09686392
Type
Private limited with Share Capital
industry
95120 - Repair of communication equipment
95110 - Repair of computers and peripheral equipment
incorporation date
July 2015
age
9
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
July 2023
address
1293 ashton old road, manchester, M11 1JS
accountant
-
auditor
-
city mobiles & convenience store ltd 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 city mobiles & convenience store ltd.
city mobiles & convenience store ltd Companies House Filings - See Documents
| date | description | view/download |
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