Pomanda estimates the enterprise value of CAROUSEL SOFT FURNISHINGS LIMITED at £332.2k based on a Turnover of £1.1m and 0.29x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of CAROUSEL SOFT FURNISHINGS LIMITED at £0 based on an EBITDA of £-132.1k and a 2.76x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of CAROUSEL SOFT FURNISHINGS LIMITED at £492.9k based on Net Assets of £342.3k and 1.44x industry multiple (adjusted for liquidity).
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Carousel Soft Furnishings LimitedOverview
Carousel Soft Furnishings Limited is a live company located in darwen, BB3 1EH with a Companies House number of 10235058. It operates in the manufacture of soft furnishings sector, SIC Code 13921. Founded in June 2016, it's largest shareholder is
horizon foam holdings limited
with a 100% stake. Carousel Soft Furnishings Limited is a young,
small sized company, Pomanda has estimated its turnover at
£1.1m with
high
growth in recent years.
Pomanda's financial health check has awarded Carousel Soft Furnishings Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
2 Regular
6 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£10.3m)
£1.1m - Carousel Soft Furnishings Limited
£10.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (10.8%)
18% - Carousel Soft Furnishings Limited
10.8% - Industry AVG
Production
with a gross margin of 39.3%, this company has a comparable cost of product (39.3%)
39.3% - Carousel Soft Furnishings Limited
39.3% - Industry AVG
Profitability
an operating margin of -14.5% make it less profitable than the average company (3.8%)
-14.5% - Carousel Soft Furnishings Limited
3.8% - Industry AVG
Employees
with 18 employees, this is below the industry average (66)
18 - Carousel Soft Furnishings Limited
66 - Industry AVG
Pay Structure
on an average salary of £29.5k, the company has an equivalent pay structure (£29.5k)
£29.5k - Carousel Soft Furnishings Limited
£29.5k - Industry AVG
Efficiency
resulting in sales per employee of £63.4k, this is less efficient (£149.7k)
£63.4k - Carousel Soft Furnishings Limited
£149.7k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is earlier than average (51 days)
24 days - Carousel Soft Furnishings Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 81 days, this is slower than average (48 days)
81 days - Carousel Soft Furnishings Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 133 days, this is more than average (58 days)
133 days - Carousel Soft Furnishings Limited
58 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 17 weeks, this is less cash available to meet short term requirements (35 weeks)
17 weeks - Carousel Soft Furnishings Limited
35 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.6%, this is a lower level of debt than the average (54.5%)
44.6% - Carousel Soft Furnishings Limited
54.5% - Industry AVG
CAROUSEL SOFT FURNISHINGS LIMITED financials
EXPORT
Carousel Soft Furnishings Limited's latest turnover from May 2024 is estimated at £1.1 million and the company has net assets of £342.3 thousand. According to their latest financial statements, Carousel Soft Furnishings Limited has 18 employees and maintains cash reserves of £83.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
Turnover
1,140,700
1,004,672
768,816
698,531
548,570
512,842
489,521
470,755
Other Income Or Grants
Cost Of Sales
692,406
651,997
473,677
469,946
376,286
352,404
349,538
341,234
Gross Profit
448,294
352,675
295,138
228,585
172,284
160,438
139,983
129,521
Admin Expenses
613,790
170,992
-79,628
-142,919
145,303
83,179
262,875
324,751
Operating Profit
-165,496
181,683
374,766
371,504
26,981
77,259
-122,892
-195,230
Interest Payable
3,338
4,585
4,037
4,067
2,094
Interest Receivable
8,464
8,274
878
63
51
98
66
28
Pre-Tax Profit
-160,370
185,372
371,607
367,500
24,937
77,357
-122,826
-195,202
Tax
-46,343
-70,605
-69,825
-4,738
-14,698
Profit After Tax
-160,370
139,029
301,002
297,675
20,199
62,659
-122,826
-195,202
Dividends Paid
Retained Profit
-160,370
139,029
301,002
297,675
20,199
62,659
-122,826
-195,202
Employee Costs
530,259
529,460
559,861
499,523
384,701
373,228
412,922
399,600
Number Of Employees
18
19
20
19
14
14
16
17
EBITDA*
-132,136
214,950
405,872
402,596
58,997
110,311
-87,908
-183,038
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
Tangible Assets
53,408
62,860
54,001
42,261
44,805
52,913
59,057
70,808
Intangible Assets
79,720
103,628
119,536
143,443
167,351
191,259
215,167
239,075
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
133,128
166,488
173,537
185,704
212,156
244,172
274,224
309,883
Stock & work in progress
252,342
202,596
133,766
117,654
91,751
84,653
35,057
47,958
Trade Debtors
75,853
62,911
38,533
62,891
49,259
50,082
11,150
10,715
Group Debtors
48,818
56,745
Misc Debtors
72,992
47,682
71,369
40,827
58,949
20,397
24,034
21,375
Cash
83,840
238,582
129,164
46,364
79,254
22,136
3,893
22,682
misc current assets
1
total current assets
485,028
600,589
429,577
267,736
279,213
177,268
74,134
102,730
total assets
618,156
767,077
603,114
453,440
491,369
421,440
348,358
412,613
Bank overdraft
10,000
10,000
10,000
Bank loan
Trade Creditors
155,349
102,365
99,712
51,639
76,182
39,564
40,473
44,459
Group/Directors Accounts
20,391
146,522
489,333
574,577
574,228
510,014
other short term finances
2,667
4,000
4,000
4,000
4,000
hp & lease commitments
other current liabilities
62,046
109,972
79,125
120,292
92,257
62,568
51,585
53,242
total current liabilities
250,453
226,337
192,837
322,453
661,772
676,709
666,286
607,715
loans
10,000
22,667
36,667
60,667
64,667
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
15,437
15,437
10,003
7,715
total long term liabilities
25,437
38,104
46,670
68,382
64,667
total liabilities
275,890
264,441
239,507
390,835
726,439
676,709
666,286
607,715
net assets
342,266
502,636
363,607
62,605
-235,070
-255,269
-317,928
-195,102
total shareholders funds
342,266
502,636
363,607
62,605
-235,070
-255,269
-317,928
-195,102
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
Operating Activities
Operating Profit
-165,496
181,683
374,766
371,504
26,981
77,259
-122,892
-195,230
Depreciation
9,452
9,359
7,199
7,184
8,108
9,144
11,076
12,192
Amortisation
23,908
23,908
23,907
23,908
23,908
23,908
23,908
Tax
-46,343
-70,605
-69,825
-4,738
-14,698
Stock
49,746
68,830
16,112
25,903
7,098
49,596
-12,901
47,958
Debtors
-10,566
-7,236
62,929
-4,490
37,729
35,295
3,094
32,090
Creditors
52,984
2,653
48,073
-24,543
36,618
-909
-3,986
44,459
Accruals and Deferred Income
-47,926
30,847
-41,167
28,035
29,689
10,983
-1,657
53,242
Deferred Taxes & Provisions
5,434
2,288
7,715
Cash flow from operations
-166,258
145,947
265,420
322,565
75,739
20,796
-83,744
-165,385
Investing Activities
capital expenditure
-26,218
-18,939
-4,640
-3,000
675
-322,075
Change in Investments
cash flow from investments
-26,218
-18,939
-4,640
-3,000
675
-322,075
Financing Activities
Bank loans
Group/Directors Accounts
20,391
-146,522
-342,811
-85,244
349
64,214
510,014
Other Short Term Loans
-1,333
4,000
Long term loans
-12,667
-14,000
-24,000
-4,000
64,667
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
5,126
3,689
-3,159
-4,004
-2,043
98
66
28
cash flow from financing
11,517
-10,311
-173,681
-350,815
-18,620
447
64,280
510,142
cash and cash equivalents
cash
-154,742
109,418
82,800
-32,890
57,118
18,243
-18,789
22,682
overdraft
10,000
change in cash
-154,742
109,418
72,800
-32,890
57,118
18,243
-18,789
22,682
carousel soft furnishings limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for carousel soft furnishings limited. Get real-time insights into carousel soft furnishings limited's credit score, group structure and payment trends.
Perform a competitor analysis for carousel soft furnishings limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in BB3 area or any other competitors across 12 key performance metrics.
carousel soft furnishings limited Ownership
CAROUSEL SOFT FURNISHINGS LIMITED group structure
Carousel Soft Furnishings Limited has no subsidiary companies.
The sole shareholder of Carousel Soft Furnishings Limited is Horizon Foam Holdings Limited.
horizon foam holdings limited
100%
carousel soft furnishings limited directors
Carousel Soft Furnishings Limited currently has 3 directors.
The longest serving directors include
Mr Mark Taylor (Jun 2016) and
Mrs Charlotte Taylor (Jun 2016).
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 carousel soft furnishings limited.
carousel soft furnishings 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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carousel soft furnishings limitedCompanies House Filings - See Documents
