carrington group mains lane ltd
carrington group mains lane ltd Company Information
Company Number
09979055
Website
-Registered Address
c/o williamson & croft, york house, manchester, greater manchester, M2 3BB
Industry
Development of building projects
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
stephan james mouzouri 25%
jason edward borrows 25%
View Allcarrington group mains lane ltd Estimated Valuation
Pomanda estimates the enterprise value of CARRINGTON GROUP MAINS LANE LTD at £145.4k based on a Turnover of £279.1k and 0.52x industry multiple (adjusted for size and gross margin).
carrington group mains lane ltd Estimated Valuation
Pomanda estimates the enterprise value of CARRINGTON GROUP MAINS LANE LTD at £654.6k based on an EBITDA of £168k and a 3.9x industry multiple (adjusted for size and gross margin).
carrington group mains lane ltd Estimated Valuation
Pomanda estimates the enterprise value of CARRINGTON GROUP MAINS LANE LTD at £29.6k based on Net Assets of £22.1k and 1.34x industry multiple (adjusted for liquidity).
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Carrington Group Mains Lane Ltd Overview
Carrington Group Mains Lane Ltd is a live company located in manchester, M2 3BB with a Companies House number of 09979055. It operates in the development of building projects sector, SIC Code 41100. Founded in February 2016, it's largest shareholder is stephan james mouzouri with a 25% stake. Carrington Group Mains Lane Ltd is a young, micro sized company, Pomanda has estimated its turnover at £279.1k with declining growth in recent years.
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Carrington Group Mains Lane Ltd Health Check
Pomanda's financial health check has awarded Carrington Group Mains Lane Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £279.1k, make it smaller than the average company (£1.9m)
- Carrington Group Mains Lane Ltd
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (1.8%)
- Carrington Group Mains Lane Ltd
1.8% - Industry AVG
Production
with a gross margin of 25.2%, this company has a comparable cost of product (25.2%)
- Carrington Group Mains Lane Ltd
25.2% - Industry AVG
Profitability
an operating margin of 60.2% make it more profitable than the average company (8.6%)
- Carrington Group Mains Lane Ltd
8.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
- Carrington Group Mains Lane Ltd
5 - Industry AVG
Pay Structure
on an average salary of £45.9k, the company has an equivalent pay structure (£45.9k)
- Carrington Group Mains Lane Ltd
£45.9k - Industry AVG
Efficiency
resulting in sales per employee of £139.6k, this is less efficient (£269.6k)
- Carrington Group Mains Lane Ltd
£269.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Carrington Group Mains Lane Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Carrington Group Mains Lane Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 304 days, this is more than average (170 days)
- Carrington Group Mains Lane Ltd
170 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (13 weeks)
6 weeks - Carrington Group Mains Lane Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.9%, this is a higher level of debt than the average (74.4%)
93.9% - Carrington Group Mains Lane Ltd
74.4% - Industry AVG
CARRINGTON GROUP MAINS LANE LTD financials
Carrington Group Mains Lane Ltd's latest turnover from February 2023 is estimated at £279.1 thousand and the company has net assets of £22.1 thousand. According to their latest financial statements, we estimate that Carrington Group Mains Lane Ltd has 2 employees and maintains cash reserves of £40.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 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 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 174,216 | 483,712 | 2,094,723 | 540,039 | 284,859 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 236,523 | 362,335 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 147,551 | 163,124 | 281,965 | 281,933 | 217,003 | 0 | 0 |
| Cash | 40,616 | 10,954 | 1,158 | 13,983 | 88,461 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 140,000 | 0 |
| total current assets | 362,383 | 657,790 | 2,377,846 | 835,955 | 590,323 | 376,523 | 362,335 |
| total assets | 362,383 | 657,790 | 2,377,846 | 835,955 | 590,323 | 376,523 | 362,335 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 4,809 | 369,207 | 334,069 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 9,549 | 1,881,843 | 300,514 | 321,645 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 340,323 | 722,320 | 608,601 | 526,104 | 293,359 | 0 | 0 |
| total current liabilities | 340,323 | 731,869 | 2,490,444 | 826,618 | 619,813 | 369,207 | 334,069 |
| loans | 0 | 38,796 | 42,094 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 1,750 | 20,280 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 38,796 | 42,094 | 0 | 0 | 1,750 | 20,280 |
| total liabilities | 340,323 | 770,665 | 2,532,538 | 826,618 | 619,813 | 370,957 | 354,349 |
| net assets | 22,060 | -112,875 | -154,692 | 9,337 | -29,490 | 5,566 | 7,986 |
| total shareholders funds | 22,060 | -112,875 | -154,692 | 9,337 | -29,490 | 5,566 | 7,986 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | -309,496 | -1,611,011 | 1,554,684 | 255,180 | 284,859 | 0 | 0 |
| Debtors | -15,573 | -118,841 | 32 | 64,930 | -19,520 | -125,812 | 362,335 |
| Creditors | 0 | 0 | 0 | -4,809 | -364,398 | 35,138 | 334,069 |
| Accruals and Deferred Income | -381,997 | 113,719 | 82,497 | 232,745 | 291,609 | -18,530 | 20,280 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -9,549 | -1,872,294 | 1,581,329 | -21,131 | 321,645 | 0 | 0 |
| Long term loans | -38,796 | -3,298 | 42,094 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 29,662 | 9,796 | -12,825 | -74,478 | 88,461 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 29,662 | 9,796 | -12,825 | -74,478 | 88,461 | 0 | 0 |
carrington group mains lane ltd Credit Report and Business Information
Carrington Group Mains Lane Ltd Competitor Analysis
Perform a competitor analysis for carrington group mains lane ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in M 2 area or any other competitors across 12 key performance metrics.
carrington group mains lane ltd Ownership
CARRINGTON GROUP MAINS LANE LTD group structure
Carrington Group Mains Lane Ltd has no subsidiary companies.
Ultimate parent company
CARRINGTON GROUP MAINS LANE LTD
09979055
carrington group mains lane ltd directors
Carrington Group Mains Lane Ltd currently has 4 directors. The longest serving directors include Mr Stephan Mouzouri (Feb 2016) and Mr Peter Leonard (Jun 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephan Mouzouri | United Kingdom | 60 years | Feb 2016 | - | Director |
| Mr Peter Leonard | England | 51 years | Jun 2016 | - | Director |
| Mr Jason Borrows | United Kingdom | 53 years | Jun 2016 | - | Director |
| Mr Jerome Roith | United Kingdom | 51 years | Jun 2016 | - | Director |
P&L
February 2023turnover
279.1k
-62%
operating profit
168k
0%
gross margin
25.2%
+9.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
22.1k
-1.2%
total assets
362.4k
-0.45%
cash
40.6k
+2.71%
net assets
Total assets minus all liabilities
Similar Companies
carrington group mains lane ltd company details
company number
09979055
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
February 2016
age
8
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
yense limited (March 2018)
last accounts submitted
February 2023
address
c/o williamson & croft, york house, manchester, greater manchester, M2 3BB
accountant
WILLIAMSON CROFT ACCOUNTANTS LIMITED
auditor
-
carrington group mains lane 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 found 4 charges/mortgages relating to carrington group mains lane ltd. Currently there are 0 open charges and 4 have been satisfied in the past.
carrington group mains lane ltd Companies House Filings - See Documents
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