cheer city ltd

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cheer city ltd Company Information

Share CHEER CITY LTD

Company Number

10303430

Shareholders

deborah willars

Group Structure

View All

Industry

Other sports activities (not including activities of racehorse owners) n.e.c.

 

Registered Address

26 southway, blaby, leicester, LE8 4BB

cheer city ltd Estimated Valuation

£171.7k

Pomanda estimates the enterprise value of CHEER CITY LTD at £171.7k based on a Turnover of £248.4k and 0.69x industry multiple (adjusted for size and gross margin).

cheer city ltd Estimated Valuation

£4.5k

Pomanda estimates the enterprise value of CHEER CITY LTD at £4.5k based on an EBITDA of £1.5k and a 3.09x industry multiple (adjusted for size and gross margin).

cheer city ltd Estimated Valuation

£80.7k

Pomanda estimates the enterprise value of CHEER CITY LTD at £80.7k based on Net Assets of £39.5k and 2.04x industry multiple (adjusted for liquidity).

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Cheer City Ltd Overview

Cheer City Ltd is a live company located in leicester, LE8 4BB with a Companies House number of 10303430. It operates in the other sports activities sector, SIC Code 93199. Founded in July 2016, it's largest shareholder is deborah willars with a 100% stake. Cheer City Ltd is a young, micro sized company, Pomanda has estimated its turnover at £248.4k with high growth in recent years.

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Cheer City Ltd Health Check

Pomanda's financial health check has awarded Cheer City Ltd 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

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £248.4k, make it smaller than the average company (£518.7k)

£248.4k - Cheer City Ltd

£518.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (6.5%)

19% - Cheer City Ltd

6.5% - Industry AVG

production

Production

with a gross margin of 19%, this company has a higher cost of product (42%)

19% - Cheer City Ltd

42% - Industry AVG

profitability

Profitability

an operating margin of 0.6% make it less profitable than the average company (1.8%)

0.6% - Cheer City Ltd

1.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (13)

1 - Cheer City Ltd

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £25.2k, the company has an equivalent pay structure (£25.2k)

£25.2k - Cheer City Ltd

£25.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £248.4k, this is more efficient (£64.5k)

£248.4k - Cheer City Ltd

£64.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 109 days, this is later than average (16 days)

109 days - Cheer City Ltd

16 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 48 days, this is slower than average (33 days)

48 days - Cheer City Ltd

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Cheer City Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Cheer City Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 53.5%, this is a higher level of debt than the average (40.1%)

53.5% - Cheer City Ltd

40.1% - Industry AVG

CHEER CITY LTD financials

EXPORTms excel logo

Cheer City Ltd's latest turnover from August 2023 is estimated at £248.4 thousand and the company has net assets of £39.5 thousand. According to their latest financial statements, Cheer City Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017
Turnover248,390231,549195,982148,16655,96140,9271,892
Other Income Or Grants
Cost Of Sales201,177175,918160,046121,09044,07931,1131,391
Gross Profit47,21255,63235,93627,07611,8829,814502
Admin Expenses45,74129,94441,81519,830-8,2594,9783,142
Operating Profit1,47125,688-5,8797,24620,1414,836-2,640
Interest Payable
Interest Receivable
Pre-Tax Profit1,47125,688-5,8797,24620,1414,836-2,640
Tax-368-4,881-1,377-3,827-919
Profit After Tax1,10320,807-5,8795,86916,3143,917-2,640
Dividends Paid
Retained Profit1,10320,807-5,8795,86916,3143,917-2,640
Employee Costs25,23625,31823,30222,07321,94921,11521,691
Number Of Employees1111111
EBITDA*1,47125,688-5,8797,24620,1414,836-2,640

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017
Tangible Assets10,55311,82910,45813,07312,5415,029
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets10,55311,82910,45813,07312,5415,029
Stock & work in progress
Trade Debtors74,29969,26552,97834,35314,1397,76118
Group Debtors
Misc Debtors15,238
Cash
misc current assets
total current assets74,29969,26552,97849,59114,1397,76118
total assets84,85281,09463,43662,66426,68012,79018
Bank overdraft
Bank loan
Trade Creditors 26,66117,30613,16010,0728,30910,7331,878
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities26,66117,30613,16010,0728,30910,7331,878
loans
hp & lease commitments
Accruals and Deferred Income2,5002,0002,09529,132780780780
other liabilities16,20023,40030,600
provisions
total long term liabilities18,70025,40032,69529,132780780780
total liabilities45,36142,70645,85539,2049,08911,5132,658
net assets39,49138,38817,58123,46017,5911,277-2,640
total shareholders funds39,49138,38817,58123,46017,5911,277-2,640
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017
Operating Activities
Operating Profit1,47125,688-5,8797,24620,1414,836-2,640
Depreciation
Amortisation
Tax-368-4,881-1,377-3,827-919
Stock
Debtors5,03416,2873,38735,4526,3787,74318
Creditors9,3554,1463,0881,763-2,4248,8551,878
Accruals and Deferred Income500-95-27,03728,352780
Deferred Taxes & Provisions
Cash flow from operations5,9248,571-33,2155327,5125,029
Investing Activities
capital expenditure1,276-1,3712,615-532-7,512-5,029
Change in Investments
cash flow from investments1,276-1,3712,615-532-7,512-5,029
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-7,200-7,20030,600
share issue
interest
cash flow from financing-7,200-7,20030,600
cash and cash equivalents
cash
overdraft
change in cash

cheer city ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Cheer City Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for cheer city ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in LE8 area or any other competitors across 12 key performance metrics.

cheer city ltd Ownership

CHEER CITY LTD group structure

Cheer City Ltd has no subsidiary companies.

Ultimate parent company

CHEER CITY LTD

10303430

CHEER CITY LTD Shareholders

deborah willars 100%

cheer city ltd directors

Cheer City Ltd currently has 1 director, Mrs Deborah Willars serving since Jul 2016.

officercountryagestartendrole
Mrs Deborah Willars45 years Jul 2016- Director

P&L

August 2023

turnover

248.4k

+7%

operating profit

1.5k

0%

gross margin

19.1%

-20.89%

turnover

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

Balance Sheet

August 2023

net assets

39.5k

+0.03%

total assets

84.9k

+0.05%

cash

0

0%

net assets

Total assets minus all liabilities

cheer city ltd company details

company number

10303430

Type

Private limited with Share Capital

industry

93199 - Other sports activities (not including activities of racehorse owners) n.e.c.

incorporation date

July 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

August 2023

previous names

N/A

accountant

-

auditor

-

address

26 southway, blaby, leicester, LE8 4BB

Bank

-

Legal Advisor

-

cheer city 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 did not find charges/mortgages relating to cheer city ltd.

cheer city ltd 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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cheer city ltd Companies House Filings - See Documents

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