carrera construction (shropshire) limited
carrera construction (shropshire) limited Company Information
Company Number
10179174
Next Accounts
39 days late
Shareholders
mr adam stuart gaughan
mr john gaughan
Group Structure
View All
Industry
Construction of domestic buildings
Registered Address
87a king street dawley, telford, shropshire, TF4 2AH
Website
-carrera construction (shropshire) limited Estimated Valuation
Pomanda estimates the enterprise value of CARRERA CONSTRUCTION (SHROPSHIRE) LIMITED at £307k based on a Turnover of £1m and 0.3x industry multiple (adjusted for size and gross margin).
carrera construction (shropshire) limited Estimated Valuation
Pomanda estimates the enterprise value of CARRERA CONSTRUCTION (SHROPSHIRE) LIMITED at £0 based on an EBITDA of £-58.9k and a 2.52x industry multiple (adjusted for size and gross margin).
carrera construction (shropshire) limited Estimated Valuation
Pomanda estimates the enterprise value of CARRERA CONSTRUCTION (SHROPSHIRE) LIMITED at £0 based on Net Assets of £-111.9k and 1.39x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Carrera Construction (shropshire) Limited Overview
Carrera Construction (shropshire) Limited is a live company located in shropshire, TF4 2AH with a Companies House number of 10179174. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in May 2016, it's largest shareholder is mr adam stuart gaughan with a 50% stake. Carrera Construction (shropshire) Limited is a young, small sized company, Pomanda has estimated its turnover at £1m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Carrera Construction (shropshire) Limited Health Check
Pomanda's financial health check has awarded Carrera Construction (Shropshire) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £1m, make it larger than the average company (£657.2k)
- Carrera Construction (shropshire) Limited
£657.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (7.5%)
- Carrera Construction (shropshire) Limited
7.5% - Industry AVG
Production
with a gross margin of 9.4%, this company has a higher cost of product (19.5%)
- Carrera Construction (shropshire) Limited
19.5% - Industry AVG
Profitability
an operating margin of -5.7% make it less profitable than the average company (6.3%)
- Carrera Construction (shropshire) Limited
6.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Carrera Construction (shropshire) Limited
4 - Industry AVG
Pay Structure
on an average salary of £43.2k, the company has an equivalent pay structure (£43.2k)
- Carrera Construction (shropshire) Limited
£43.2k - Industry AVG
Efficiency
resulting in sales per employee of £344.7k, this is more efficient (£224.6k)
- Carrera Construction (shropshire) Limited
£224.6k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (27 days)
- Carrera Construction (shropshire) Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 113 days, this is slower than average (28 days)
- Carrera Construction (shropshire) Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Carrera Construction (shropshire) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Carrera Construction (shropshire) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 150.4%, this is a higher level of debt than the average (74.4%)
150.4% - Carrera Construction (shropshire) Limited
74.4% - Industry AVG
CARRERA CONSTRUCTION (SHROPSHIRE) LIMITED financials
Carrera Construction (Shropshire) Limited's latest turnover from March 2023 is estimated at £1 million and the company has net assets of -£111.9 thousand. According to their latest financial statements, Carrera Construction (Shropshire) Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | 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 | 3 | 3 | 3 | 2 | 3 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | May 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 34,434 | 33,995 | 37,270 | 38,421 | 42,383 | 36,594 | 0 | 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 | 34,434 | 33,995 | 37,270 | 38,421 | 42,383 | 36,594 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 186,939 | 146,349 | 157,449 | 294,545 | 187,790 | 177,820 | 100 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 903 | 1,221 | 0 | 0 | 402 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 1,461 | 0 | 0 |
| total current assets | 187,842 | 147,570 | 157,449 | 294,545 | 188,192 | 179,281 | 100 | 0 |
| total assets | 222,276 | 181,565 | 194,719 | 332,966 | 230,575 | 215,875 | 100 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 291,232 | 189,435 | 132,400 | 261,429 | 219,531 | 48,940 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 155,626 | 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 | 291,232 | 189,435 | 132,400 | 261,429 | 219,531 | 204,566 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,900 | 3,986 | 21,993 | 1,900 | 1,544 | 1,933 | 0 | 0 |
| other liabilities | 41,061 | 41,191 | 40,000 | 50,000 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 42,961 | 45,177 | 61,993 | 51,900 | 1,544 | 1,933 | 0 | 0 |
| total liabilities | 334,193 | 234,612 | 194,393 | 313,329 | 221,075 | 206,499 | 0 | 0 |
| net assets | -111,917 | -53,047 | 326 | 19,637 | 9,500 | 9,376 | 100 | 0 |
| total shareholders funds | -111,917 | -53,047 | 326 | 19,637 | 9,500 | 9,376 | 100 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | May 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | |||||||
| Amortisation | 0 | |||||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 40,272 | -9,879 | -137,096 | 106,353 | 10,372 | 177,720 | 100 | 0 |
| Creditors | 101,797 | 57,035 | -129,029 | 41,898 | 170,591 | 48,940 | 0 | 0 |
| Accruals and Deferred Income | -2,086 | -18,007 | 20,093 | 356 | -389 | 1,933 | 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 | -155,626 | 155,626 | 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 | -130 | 1,191 | -10,000 | 50,000 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
carrera construction (shropshire) limited Credit Report and Business Information
Carrera Construction (shropshire) Limited Competitor Analysis
Perform a competitor analysis for carrera construction (shropshire) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in TF4 area or any other competitors across 12 key performance metrics.
carrera construction (shropshire) limited Ownership
CARRERA CONSTRUCTION (SHROPSHIRE) LIMITED group structure
Carrera Construction (Shropshire) Limited has no subsidiary companies.
Ultimate parent company
CARRERA CONSTRUCTION (SHROPSHIRE) LIMITED
10179174
carrera construction (shropshire) limited directors
Carrera Construction (Shropshire) Limited currently has 2 directors. The longest serving directors include Mr Adam Gaughan (May 2016) and Mr John Gaughan (May 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Gaughan | England | 45 years | May 2016 | - | Director |
| Mr John Gaughan | United Kingdom | 71 years | May 2016 | - | Director |
P&L
March 2023turnover
1m
+40%
operating profit
-58.9k
0%
gross margin
9.4%
+0.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-111.9k
+1.11%
total assets
222.3k
+0.22%
cash
0
0%
net assets
Total assets minus all liabilities
carrera construction (shropshire) limited company details
company number
10179174
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
May 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
87a king street dawley, telford, shropshire, TF4 2AH
Bank
-
Legal Advisor
-
carrera construction (shropshire) 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 carrera construction (shropshire) limited.
carrera construction (shropshire) 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.
Click to start generating capital raising & share issue transactions for CARRERA CONSTRUCTION (SHROPSHIRE) LIMITED. This can take several minutes, an email will notify you when this has completed.
carrera construction (shropshire) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
