Cb Heating Ltd

POWER SEARCH PRICING

SOLUTIONS

cb heating ltd Company Information

Live

YoungSmallRapid

Company Number

09885603

Website

www.cbheating.co.uk

Registered Address

90 whitfield street, london, W1T 4EZ

Industry

Plumbing, heat and air-conditioning installation

Telephone

01255821443

Next Accounts Due

33 days late

Group Structure

View All

Directors

Clayton Browne8 Years

Philippe Commaret0 Years

View All

Shareholders

edf energy customers limited 100%

cb heating ltd Estimated Valuation

£1m

Pomanda estimates the enterprise value of CB HEATING LTD at £1m based on a Turnover of £2m and 0.51x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Cb Heating Ltd is a live company located in london, W1T 4EZ with a Companies House number of 09885603. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in November 2015, it's largest shareholder is edf energy customers limited with a 100% stake. Cb Heating Ltd is a young, small sized company, Pomanda has estimated its turnover at £2m with rapid growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Cb Heating Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

6 Strong

2 Regular

4 Weak

Size

annual sales of £2m, make it larger than the average company (£397.9k)

Growth

3 year (CAGR) sales growth of 81%, show it is growing at a faster rate (1.9%)

EXPORT

Cb Heating Ltd's latest turnover from December 2022 is estimated at £2 million and the company has net assets of -£1.6 million. According to their latest financial statements, Cb Heating Ltd has 53 employees and maintains cash reserves of £413.8 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2022	Dec 2021	Dec 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016
Turnover	2,010,818	4,330,394	815,011	336,870	322,422	347,063	75,664
Other Income Or Grants	0	0	0	0	0	0	0
Cost Of Sales	1,432,762	3,059,730	572,466	226,927	213,290	224,686	47,837
Gross Profit	578,056	1,270,664	242,545	109,943	109,132	122,377	27,826
Admin Expenses	2,013,401	1,263,584	400,879	67,667	105,308	119,545	43,017
Operating Profit	-1,435,345	7,080	-158,334	42,276	3,824	2,832	-15,191
Interest Payable	7,655	9,972	5,735	1,707	1,138	0	0
Interest Receivable	9,569	215	38	201	58	1	1
Pre-Tax Profit	-1,433,431	-2,678	-164,031	40,770	2,744	2,833	-15,190
Tax	0	0	0	-7,746	-521	-538	0
Profit After Tax	-1,433,431	-2,678	-164,031	33,024	2,223	2,295	-15,190
Dividends Paid	0	0	0	0	0	0	0
Retained Profit	-1,433,431	-2,678	-164,031	33,024	2,223	2,295	-15,190
Employee Costs	1,785,572	1,325,904	750,666	231,430	243,401	125,285	36,091
Number Of Employees	53	38	22	7	7	4	1
EBITDA*	-1,394,672	34,792	-124,031	49,237	3,824	2,832	-12,166

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2022	Dec 2021	Dec 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015
Tangible Assets	274,650	108,164	94,839	20,881	18,940	20,088	9,077	0
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	274,650	108,164	94,839	20,881	18,940	20,088	9,077	0
Stock & work in progress	19,000	19,000	19,000	19,000	19,000	0	8,000	0
Trade Debtors	23,353	1,322,263	46,641	16,667	3,300	38,129	6,000	0
Group Debtors	0	0	0	0	0	0	0	0
Misc Debtors	40,366	0	169,629	91,638	108,434	0	7,000	0
Cash	413,796	133,018	38,702	38,047	15,522	0	448	100
misc current assets	51,657	0	0	0	0	7,000	1,686	0
total current assets	548,172	1,474,281	273,972	165,352	146,256	45,129	23,134	100
total assets	822,822	1,582,445	368,811	186,233	165,196	65,217	32,211	100
Bank overdraft	13,231	104,742	17,120	16,857	33,711	0	0	0
Bank loan	0	0	0	0	0	0	0	0
Trade Creditors	330,940	205,916	76,128	52,670	61,669	60,722	0	0
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	15,019	32,368	28,588	7,559	5,631	0	3,212	0
other current liabilities	1,984,859	1,276,616	154,435	77,403	63,642	0	42,471	0
total current liabilities	2,344,049	1,619,642	276,271	154,489	164,653	60,722	45,683	0
loans	0	43,186	154,068	0	0	0	0	0
hp & lease commitments	56,461	63,874	80,051	9,292	11,115	0	1,618	0
Accruals and Deferred Income	0	0	0	0	0	1,850	0	0
other liabilities	0	0	0	0	0	15,540	0	0
provisions	0	0	0	0	0	0	0	0
total long term liabilities	56,461	107,060	234,119	9,292	11,115	17,390	1,618	0
total liabilities	2,400,510	1,726,702	510,390	163,781	175,768	78,112	47,301	0
net assets	-1,577,688	-144,257	-141,579	22,452	-10,572	-12,895	-15,090	100
total shareholders funds	-1,577,688	-144,257	-141,579	22,452	-10,572	-12,895	-15,090	100

	Dec 2022	Dec 2021	Dec 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015
Operating Activities
Operating Profit	-1,435,345	7,080	-158,334	42,276	3,824	2,832	-15,191	0
Depreciation	40,673	27,712	34,303	6,961	0	0	3,025	0
Amortisation	0	0	0	0	0	0	0	0
Tax	0	0	0	-7,746	-521	-538	0	0
Stock	0	0	0	0	19,000	-8,000	8,000	0
Debtors	-1,258,544	1,105,993	107,965	-3,429	73,605	25,129	13,000	0
Creditors	125,024	129,788	23,458	-8,999	947	60,722	0	0
Accruals and Deferred Income	708,243	1,122,181	77,032	13,761	61,792	-40,621	42,471	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0
Cash flow from operations	697,139	180,768	-131,506	49,682	-26,563	5,266	9,305	0
Investing Activities
capital expenditure	-207,159	-41,037	-108,261	-8,902	1,148	-11,011	-12,102	0
Change in Investments	0	0	0	0	0	0	0	0
cash flow from investments	-207,159	-41,037	-108,261	-8,902	1,148	-11,011	-12,102	0
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	-43,186	-110,882	154,068	0	0	0	0	0
Hire Purchase and Lease Commitments	-24,762	-12,397	91,788	105	16,746	-4,830	4,830	0
other long term liabilities	0	0	0	0	-15,540	15,540	0	0
share issue	0	0	0	0	100	-100	0	100
interest	1,914	-9,757	-5,697	-1,506	-1,080	1	1	0
cash flow from financing	-66,034	-133,036	240,159	-1,401	226	10,611	4,831	100
cash and cash equivalents
cash	280,778	94,316	655	22,525	15,522	-448	348	100
overdraft	-91,511	87,622	263	-16,854	33,711	0	0	0
change in cash	372,289	6,694	392	39,379	-18,189	-448	348	100

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for cb heating ltd. Get real-time insights into cb heating ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for cb heating ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in W1T area or any other competitors across 12 key performance metrics.

CB HEATING LTD group structure

Cb Heating Ltd has no subsidiary companies.

Ultimate parent company

ELECTRICITE DE FRANCE SA

#0013854

EDF ENERGY CUSTOMERS LIMITED

02228297

2 parents

CB HEATING LTD

09885603

CB HEATING LTD Shareholders

edf energy customers limited

100%

Cb Heating Ltd currently has 4 directors. The longest serving directors include Mr Clayton Browne (Nov 2015) and Mr Philippe Commaret (Nov 2023).

officer	country	age	start	end	role
Mr Clayton Browne	England	42 years	Nov 2015	-	Director
Mr Philippe Commaret	England	51 years	Nov 2023	-	Director
Ms Ceri Humphrey	England	53 years	Nov 2023	-	Director
Ms Emily Boase	England	54 years	Jul 2024	-	Director

P&L

December 2022

turnover

-54%

operating profit

-1.4m

gross margin

28.8%

-2.03%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2022

net assets

-1.6m

+9.94%

total assets

822.8k

-0.48%

cash

413.8k

+2.11%

net assets

Total assets minus all liabilities

Similar Companies

managed control services limited

j smith & sons (broxbourne) ltd

the bathroom workshop limited

3.5

m & s bathrooms limited

winsor plumbing and heating limited

3.5

company number

09885603

Type

Private limited with Share Capital

industry

43220 - Plumbing, heat and air-conditioning installation

incorporation date

November 2015

ultimate parent company

ELECTRICITE DE FRANCE SA

previous names

N/A

address

90 whitfield street, london, W1T 4EZ

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 3 charges/mortgages relating to cb heating ltd. Currently there are 0 open charges and 3 have been satisfied in the past.

cb heating ltd Company Information

cb heating ltd Estimated Valuation

cb heating ltd Estimated Valuation

cb heating ltd Estimated Valuation

Cb Heating Ltd Overview

Cb Heating Ltd Health Check

CB HEATING LTD financials

cb heating ltd Credit Report and Business Information

Cb Heating Ltd Competitor Analysis

cb heating ltd Ownership

cb heating ltd directors

cb heating ltd company details

cb heating ltd Charges & Mortgages

cb heating ltd Companies House Filings - See Documents