cardium products limited
cardium products limited Company Information
Company Number
09842779
Next Accounts
408 days late
Shareholders
p. dunkley
camden ventures limited
View AllGroup Structure
View All
Industry
Manufacture of other food products n.e.c.
Registered Address
c/o begbies traynor (london) llp, 31st floor, london, E14 5NR
Website
http://freaksofnature.co.ukcardium products limited Estimated Valuation
Pomanda estimates the enterprise value of CARDIUM PRODUCTS LIMITED at £1.4m based on a Turnover of £2.3m and 0.6x industry multiple (adjusted for size and gross margin).
cardium products limited Estimated Valuation
Pomanda estimates the enterprise value of CARDIUM PRODUCTS LIMITED at £0 based on an EBITDA of £-1.9m and a 4.25x industry multiple (adjusted for size and gross margin).
cardium products limited Estimated Valuation
Pomanda estimates the enterprise value of CARDIUM PRODUCTS LIMITED at £0 based on Net Assets of £-10.7m and 1.96x industry multiple (adjusted for liquidity).
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Cardium Products Limited Overview
Cardium Products Limited is a live company located in london, E14 5NR with a Companies House number of 09842779. It operates in the manufacture of other food products n.e.c. sector, SIC Code 10890. Founded in October 2015, it's largest shareholder is p. dunkley with a 49% stake. Cardium Products Limited is a established, small sized company, Pomanda has estimated its turnover at £2.3m with healthy growth in recent years.
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Cardium Products Limited Health Check
Pomanda's financial health check has awarded Cardium Products Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £2.3m, make it smaller than the average company (£19.1m)
- Cardium Products Limited
£19.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (2.3%)
- Cardium Products Limited
2.3% - Industry AVG
Production
with a gross margin of 26%, this company has a comparable cost of product (26%)
- Cardium Products Limited
26% - Industry AVG
Profitability
an operating margin of -92.4% make it less profitable than the average company (5.4%)
- Cardium Products Limited
5.4% - Industry AVG
Employees
with 33 employees, this is below the industry average (103)
33 - Cardium Products Limited
103 - Industry AVG
Pay Structure
on an average salary of £34.2k, the company has an equivalent pay structure (£34.2k)
- Cardium Products Limited
£34.2k - Industry AVG
Efficiency
resulting in sales per employee of £69.9k, this is less efficient (£191.4k)
- Cardium Products Limited
£191.4k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (50 days)
- Cardium Products Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 66 days, this is slower than average (46 days)
- Cardium Products Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 54 days, this is in line with average (51 days)
- Cardium Products Limited
51 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is more cash available to meet short term requirements (8 weeks)
15 weeks - Cardium Products Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 498.8%, this is a higher level of debt than the average (58.8%)
498.8% - Cardium Products Limited
58.8% - Industry AVG
CARDIUM PRODUCTS LIMITED financials
Cardium Products Limited's latest turnover from March 2022 is estimated at £2.3 million and the company has net assets of -£10.7 million. According to their latest financial statements, Cardium Products Limited has 33 employees and maintains cash reserves of £123.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|
| 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 | 33 | 42 | 24 | 19 | 20 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 1,969,709 | 2,086,393 | 1,559,764 | 1,530,998 | 1,617,069 | 1,563,012 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 10 | 10 | 10 | 10 | 10 | 10 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,969,719 | 2,086,403 | 1,559,774 | 1,531,008 | 1,617,079 | 1,563,022 |
| Stock & work in progress | 254,317 | 238,828 | 224,930 | 118,987 | 50,669 | 41,796 |
| Trade Debtors | 69,940 | 93,696 | 102,560 | 126,071 | 78,264 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 265,377 | 258,203 | 221,917 | 171,233 | 177,662 | 511,485 |
| Cash | 123,353 | 109,003 | 202,314 | 253,670 | 136,773 | 253,520 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 712,987 | 699,730 | 751,721 | 669,961 | 443,368 | 806,801 |
| total assets | 2,682,706 | 2,786,133 | 2,311,495 | 2,200,969 | 2,060,447 | 2,369,823 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 10,648 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 310,356 | 458,368 | 728,947 | 344,350 | 189,257 | 771,075 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 8,957 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 77,105 | 111,987 | 105,457 | 74,488 | 166,322 | 279,996 |
| total current liabilities | 407,066 | 570,355 | 834,404 | 418,838 | 355,579 | 1,051,071 |
| loans | 12,970,146 | 10,007,816 | 6,571,775 | 4,739,733 | 3,169,839 | 1,547,014 |
| hp & lease commitments | 4,962 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 12,975,108 | 10,007,816 | 6,571,775 | 4,739,733 | 3,169,839 | 1,547,014 |
| total liabilities | 13,382,174 | 10,578,171 | 7,406,179 | 5,158,571 | 3,525,418 | 2,598,085 |
| net assets | -10,699,468 | -7,792,038 | -5,094,684 | -2,957,602 | -1,464,971 | -228,262 |
| total shareholders funds | -10,699,468 | -7,792,038 | -5,094,684 | -2,957,602 | -1,464,971 | -228,262 |
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 221,257 | 163,468 | 138,384 | 124,169 | 124,152 | 1,424 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 15,489 | 13,898 | 105,943 | 68,318 | 8,873 | 41,796 |
| Debtors | -16,582 | 27,422 | 27,173 | 41,378 | -255,559 | 511,485 |
| Creditors | -148,012 | -270,579 | 384,597 | 155,093 | -581,818 | 771,075 |
| Accruals and Deferred Income | -34,882 | 6,530 | 30,969 | -91,834 | -113,674 | 279,996 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 10 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 10,648 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 2,962,330 | 3,436,041 | 1,832,042 | 1,569,894 | 1,622,825 | 1,547,014 |
| Hire Purchase and Lease Commitments | 13,919 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 14,350 | -93,311 | -51,356 | 116,897 | -116,747 | 253,520 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 14,350 | -93,311 | -51,356 | 116,897 | -116,747 | 253,520 |
cardium products limited Credit Report and Business Information
Cardium Products Limited Competitor Analysis
Perform a competitor analysis for cardium products limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in E14 area or any other competitors across 12 key performance metrics.
cardium products limited Ownership
CARDIUM PRODUCTS LIMITED group structure
Cardium Products Limited has 1 subsidiary company.
Ultimate parent company
CARDIUM PRODUCTS LIMITED
09842779
1 subsidiary
cardium products limited directors
Cardium Products Limited currently has 3 directors. The longest serving directors include Mr David Hammond (Feb 2017) and Mr Paul Dunkley (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Hammond | England | 62 years | Feb 2017 | - | Director |
| Mr Paul Dunkley | 66 years | Feb 2017 | - | Director | |
| Mr Jonathan Dunkley | United Kingdom | 40 years | Feb 2021 | - | Director |
P&L
March 2022turnover
2.3m
-22%
operating profit
-2.1m
0%
gross margin
26%
+0.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
-10.7m
+0.37%
total assets
2.7m
-0.04%
cash
123.4k
+0.13%
net assets
Total assets minus all liabilities
Similar Companies
cardium products limited company details
company number
09842779
Type
Private limited with Share Capital
industry
10890 - Manufacture of other food products n.e.c.
incorporation date
October 2015
age
10
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2022
previous names
N/A
accountant
MHA MACINTYRE HUDSON
auditor
-
address
c/o begbies traynor (london) llp, 31st floor, london, E14 5NR
Bank
-
Legal Advisor
-
cardium products 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 cardium products limited.
cardium products limited Capital Raised & Share Issues BETA
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cardium products limited Companies House Filings - See Documents
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