china star wholesale limited Company Information
Group Structure
View All
Industry
Wholesale of other food, including fish, crustaceans and molluscs
Registered Address
23 farnworth street, widnes, WA8 9LH
Website
-china star wholesale limited Estimated Valuation
Pomanda estimates the enterprise value of CHINA STAR WHOLESALE LIMITED at £1.1m based on a Turnover of £3.6m and 0.3x industry multiple (adjusted for size and gross margin).
china star wholesale limited Estimated Valuation
Pomanda estimates the enterprise value of CHINA STAR WHOLESALE LIMITED at £65k based on an EBITDA of £17.5k and a 3.7x industry multiple (adjusted for size and gross margin).
china star wholesale limited Estimated Valuation
Pomanda estimates the enterprise value of CHINA STAR WHOLESALE LIMITED at £9.8k based on Net Assets of £4.6k and 2.11x industry multiple (adjusted for liquidity).
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China Star Wholesale Limited Overview
China Star Wholesale Limited is a dissolved company that was located in widnes, WA8 9LH with a Companies House number of 09924069. It operated in the wholesale of other food, including fish, crustaceans and molluscs sector, SIC Code 46380. Founded in December 2015, it's largest shareholder was peter tolan with a 100% stake. The last turnover for China Star Wholesale Limited was estimated at £3.6m.
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China Star Wholesale Limited Health Check
Pomanda's financial health check has awarded China Star Wholesale Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £3.6m, make it smaller than the average company (£26.4m)
- China Star Wholesale Limited
£26.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (3.9%)
- China Star Wholesale Limited
3.9% - Industry AVG
Production
with a gross margin of 12.8%, this company has a comparable cost of product (12.8%)
- China Star Wholesale Limited
12.8% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (2.5%)
- China Star Wholesale Limited
2.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (43)
1 - China Star Wholesale Limited
43 - Industry AVG
Pay Structure
on an average salary of £39.9k, the company has an equivalent pay structure (£39.9k)
- China Star Wholesale Limited
£39.9k - Industry AVG
Efficiency
resulting in sales per employee of £3.6m, this is more efficient (£631.8k)
- China Star Wholesale Limited
£631.8k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is earlier than average (46 days)
- China Star Wholesale Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 77 days, this is slower than average (34 days)
- China Star Wholesale Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 60 days, this is more than average (48 days)
- China Star Wholesale Limited
48 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (4 weeks)
2 weeks - China Star Wholesale Limited
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.5%, this is a higher level of debt than the average (67.5%)
99.5% - China Star Wholesale Limited
67.5% - Industry AVG
CHINA STAR WHOLESALE LIMITED financials
China Star Wholesale Limited's latest turnover from May 2020 is estimated at £3.6 million and the company has net assets of £4.6 thousand. According to their latest financial statements, China Star Wholesale Limited has 1 employee and maintains cash reserves of £42.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
May 2020 | May 2019 | May 2018 | May 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 | 1 | |||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2020 | May 2019 | May 2018 | May 2017 | |
---|---|---|---|---|
Tangible Assets | 33,501 | 33,501 | 33,501 | 42,491 |
Intangible Assets | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
Total Fixed Assets | 33,501 | 33,501 | 33,501 | 42,491 |
Stock & work in progress | 526,000 | 526,000 | 526,000 | 369,732 |
Trade Debtors | 349,164 | 349,164 | 349,164 | 314,333 |
Group Debtors | 0 | 0 | 0 | 0 |
Misc Debtors | 20,327 | 20,327 | 20,327 | 35,977 |
Cash | 42,753 | 42,753 | 41,753 | 110,968 |
misc current assets | 0 | 0 | 0 | 0 |
total current assets | 938,244 | 938,244 | 937,244 | 831,010 |
total assets | 971,745 | 971,745 | 970,745 | 873,501 |
Bank overdraft | 288,400 | 288,400 | 288,400 | 0 |
Bank loan | 0 | 0 | 0 | 0 |
Trade Creditors | 673,412 | 673,412 | 673,412 | 864,056 |
Group/Directors Accounts | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 |
other current liabilities | 5,284 | 5,284 | 5,284 | 7,322 |
total current liabilities | 967,096 | 967,096 | 967,096 | 871,378 |
loans | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 |
total liabilities | 967,096 | 967,096 | 967,096 | 871,378 |
net assets | 4,649 | 4,649 | 3,649 | 2,123 |
total shareholders funds | 4,649 | 4,649 | 3,649 | 2,123 |
May 2020 | May 2019 | May 2018 | May 2017 | |
---|---|---|---|---|
Operating Activities | ||||
Operating Profit | ||||
Depreciation | 0 | 0 | 12,490 | 4,937 |
Amortisation | 0 | 0 | 0 | 0 |
Tax | ||||
Stock | 0 | 0 | 156,268 | 369,732 |
Debtors | 0 | 0 | 19,181 | 350,310 |
Creditors | 0 | 0 | -190,644 | 864,056 |
Accruals and Deferred Income | 0 | 0 | -2,038 | 7,322 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||
Investing Activities | ||||
capital expenditure | ||||
Change in Investments | 0 | 0 | 0 | 0 |
cash flow from investments | ||||
Financing Activities | ||||
Bank loans | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 |
share issue | ||||
interest | ||||
cash flow from financing | ||||
cash and cash equivalents | ||||
cash | 0 | 1,000 | -69,215 | 110,968 |
overdraft | 0 | 0 | 288,400 | 0 |
change in cash | 0 | 1,000 | -357,615 | 110,968 |
china star wholesale limited Credit Report and Business Information
China Star Wholesale Limited Competitor Analysis
Perform a competitor analysis for china star wholesale limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in WA8 area or any other competitors across 12 key performance metrics.
china star wholesale limited Ownership
CHINA STAR WHOLESALE LIMITED group structure
China Star Wholesale Limited has no subsidiary companies.
Ultimate parent company
CHINA STAR WHOLESALE LIMITED
09924069
china star wholesale limited directors
China Star Wholesale Limited currently has 1 director, Mr Peter Tolen serving since Dec 2015.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Peter Tolen | England | 68 years | Dec 2015 | - | Director |
P&L
May 2020turnover
3.6m
-18%
operating profit
17.5k
0%
gross margin
12.9%
+2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2020net assets
4.6k
0%
total assets
971.7k
0%
cash
42.8k
0%
net assets
Total assets minus all liabilities
china star wholesale limited company details
company number
09924069
Type
Private limited with Share Capital
industry
46380 - Wholesale of other food, including fish, crustaceans and molluscs
incorporation date
December 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2020
previous names
N/A
accountant
HARGREAVES & WOODS
auditor
-
address
23 farnworth street, widnes, WA8 9LH
Bank
-
Legal Advisor
-
china star wholesale 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 china star wholesale limited.
china star wholesale 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.
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china star wholesale limited Companies House Filings - See Documents
date | description | view/download |
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