chartway civil engineering limited
chartway civil engineering limited Company Information
Company Number
10401411
Next Accounts
2 days late
Shareholders
chartway group limited
Group Structure
View All
Industry
Construction of other civil engineering projects n.e.c.
Registered Address
4 abbey wood road, kings hill, kent, ME19 4AB
Website
www.chartwaygroup.co.ukchartway civil engineering limited Estimated Valuation
Pomanda estimates the enterprise value of CHARTWAY CIVIL ENGINEERING LIMITED at £13.7m based on a Turnover of £32.6m and 0.42x industry multiple (adjusted for size and gross margin).
chartway civil engineering limited Estimated Valuation
Pomanda estimates the enterprise value of CHARTWAY CIVIL ENGINEERING LIMITED at £17.7m based on an EBITDA of £3m and a 5.82x industry multiple (adjusted for size and gross margin).
chartway civil engineering limited Estimated Valuation
Pomanda estimates the enterprise value of CHARTWAY CIVIL ENGINEERING LIMITED at £14.4m based on Net Assets of £6.7m and 2.15x industry multiple (adjusted for liquidity).
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Chartway Civil Engineering Limited Overview
Chartway Civil Engineering Limited is a live company located in kent, ME19 4AB with a Companies House number of 10401411. It operates in the construction of other civil engineering projects n.e.c. sector, SIC Code 42990. Founded in September 2016, it's largest shareholder is chartway group limited with a 100% stake. Chartway Civil Engineering Limited is a young, large sized company, Pomanda has estimated its turnover at £32.6m with healthy growth in recent years.
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Chartway Civil Engineering Limited Health Check
Pomanda's financial health check has awarded Chartway Civil Engineering Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
3 Weak
Size
annual sales of £32.6m, make it larger than the average company (£12.7m)
£32.6m - Chartway Civil Engineering Limited
£12.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.2%)
9% - Chartway Civil Engineering Limited
6.2% - Industry AVG
Production
with a gross margin of 14.9%, this company has a comparable cost of product (17.4%)
14.9% - Chartway Civil Engineering Limited
17.4% - Industry AVG
Profitability
an operating margin of 8.2% make it more profitable than the average company (5.3%)
8.2% - Chartway Civil Engineering Limited
5.3% - Industry AVG
Employees
with 88 employees, this is above the industry average (52)
88 - Chartway Civil Engineering Limited
52 - Industry AVG
Pay Structure
on an average salary of £65.2k, the company has a higher pay structure (£49.1k)
£65.2k - Chartway Civil Engineering Limited
£49.1k - Industry AVG
Efficiency
resulting in sales per employee of £370.2k, this is more efficient (£247.1k)
£370.2k - Chartway Civil Engineering Limited
£247.1k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (55 days)
25 days - Chartway Civil Engineering Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (39 days)
21 days - Chartway Civil Engineering Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Chartway Civil Engineering Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (19 weeks)
4 weeks - Chartway Civil Engineering Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.8%, this is a lower level of debt than the average (60.5%)
33.8% - Chartway Civil Engineering Limited
60.5% - Industry AVG
CHARTWAY CIVIL ENGINEERING LIMITED financials
Chartway Civil Engineering Limited's latest turnover from May 2023 is £32.6 million and the company has net assets of £6.7 million. According to their latest financial statements, Chartway Civil Engineering Limited has 88 employees and maintains cash reserves of £273.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 32,579,549 | 27,754,275 | 22,922,406 | 25,353,972 | 20,065,117 | 11,831,951 | |
| Other Income Or Grants | |||||||
| Cost Of Sales | 27,717,876 | 24,190,369 | 20,471,501 | 22,074,290 | 17,840,861 | 10,673,644 | |
| Gross Profit | 4,861,673 | 3,563,906 | 2,450,905 | 3,279,682 | 2,224,256 | 1,158,307 | |
| Admin Expenses | 2,187,298 | 2,055,616 | 1,671,595 | 1,853,023 | 1,282,700 | 650,238 | |
| Operating Profit | 2,674,375 | 1,508,290 | 779,310 | 1,426,659 | 941,556 | 508,069 | |
| Interest Payable | 21,222 | 25,417 | 21,551 | 17,352 | 9,951 | 3,396 | |
| Interest Receivable | 315 | ||||||
| Pre-Tax Profit | 2,653,153 | 1,482,873 | 757,759 | 1,409,307 | 931,920 | 504,673 | |
| Tax | -2,216 | -321,781 | -164,110 | -273,153 | -175,186 | -95,888 | |
| Profit After Tax | 2,650,937 | 1,161,092 | 593,649 | 1,136,154 | 756,734 | 408,785 | |
| Dividends Paid | |||||||
| Retained Profit | 2,650,937 | 1,161,092 | 593,649 | 1,136,154 | 756,734 | 408,785 | |
| Employee Costs | 5,734,124 | 5,003,147 | 4,022,762 | 3,405,994 | 3,255,800 | ||
| Number Of Employees | 88 | 83 | 74 | 66 | 63 | 42 | 3 |
| EBITDA* | 3,040,849 | 1,892,013 | 1,084,686 | 1,670,640 | 1,122,142 | 594,256 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 661,107 | 837,088 | 999,828 | 685,752 | 875,891 | 467,065 | |
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 661,107 | 837,088 | 999,828 | 685,752 | 875,891 | 467,065 | |
| Stock & work in progress | |||||||
| Trade Debtors | 2,232,293 | 1,120,232 | 1,049,841 | 128,266 | 176,579 | ||
| Group Debtors | 5,878,920 | 7,948,445 | 7,683,610 | 6,622,576 | 5,294,218 | 1,663,042 | |
| Misc Debtors | 1,094,337 | 927,545 | 519,031 | 265,011 | 311,497 | 163,769 | |
| Cash | 273,467 | 591,597 | 908,869 | 72,298 | 125,846 | 597,246 | 1,000 |
| misc current assets | |||||||
| total current assets | 9,479,017 | 10,587,819 | 10,161,351 | 7,088,151 | 5,731,561 | 2,600,636 | 1,000 |
| total assets | 10,140,124 | 11,424,907 | 11,161,179 | 7,773,903 | 6,607,452 | 3,067,701 | 1,000 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 1,599,632 | 3,434,853 | 3,508,174 | 837,798 | 3,018,367 | 1,790,688 | |
| Group/Directors Accounts | 410,513 | 297,472 | 287,161 | 477,571 | 263,012 | ||
| other short term finances | |||||||
| hp & lease commitments | 245,609 | 286,888 | 336,881 | 223,159 | 253,854 | 96,458 | |
| other current liabilities | 690,432 | 2,729,324 | 3,634,309 | 3,674,990 | 1,525,861 | 584,209 | |
| total current liabilities | 2,946,186 | 6,748,537 | 7,766,525 | 5,213,518 | 5,061,094 | 2,471,355 | |
| loans | |||||||
| hp & lease commitments | 121,962 | 221,131 | 344,139 | 216,440 | 327,918 | 181,999 | |
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | 363,500 | 397,700 | 154,068 | 41,147 | 51,796 | 4,562 | |
| total long term liabilities | 485,462 | 618,831 | 498,207 | 257,587 | 379,714 | 186,561 | |
| total liabilities | 3,431,648 | 7,367,368 | 8,264,732 | 5,471,105 | 5,440,808 | 2,657,916 | |
| net assets | 6,708,476 | 4,057,539 | 2,896,447 | 2,302,798 | 1,166,644 | 409,785 | 1,000 |
| total shareholders funds | 6,708,476 | 4,057,539 | 2,896,447 | 2,302,798 | 1,166,644 | 409,785 | 1,000 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 2,674,375 | 1,508,290 | 779,310 | 1,426,659 | 941,556 | 508,069 | |
| Depreciation | 366,474 | 383,723 | 305,376 | 243,981 | 180,586 | 86,187 | |
| Amortisation | |||||||
| Tax | -2,216 | -321,781 | -164,110 | -273,153 | -175,186 | -95,888 | |
| Stock | |||||||
| Debtors | -790,672 | 743,740 | 2,236,629 | 1,410,138 | 3,602,325 | 2,003,390 | |
| Creditors | -1,835,221 | -73,321 | 2,670,376 | -2,180,569 | 1,227,679 | 1,790,688 | |
| Accruals and Deferred Income | -2,038,892 | -904,985 | -40,681 | 2,149,129 | 941,652 | 584,209 | |
| Deferred Taxes & Provisions | -34,200 | 243,632 | 112,921 | -10,649 | 47,234 | 4,562 | |
| Cash flow from operations | -79,008 | 91,818 | 1,426,563 | -54,740 | -438,804 | 874,437 | |
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | 113,041 | 10,311 | -190,410 | 214,559 | 263,012 | ||
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | -140,448 | -173,001 | 241,421 | -142,173 | 303,315 | 278,457 | |
| other long term liabilities | |||||||
| share issue | |||||||
| interest | -21,222 | -25,417 | -21,551 | -17,352 | -9,636 | -3,396 | |
| cash flow from financing | -48,629 | -188,107 | 29,460 | 55,034 | 556,816 | 275,061 | 1,000 |
| cash and cash equivalents | |||||||
| cash | -318,130 | -317,272 | 836,571 | -53,548 | -471,400 | 596,246 | 1,000 |
| overdraft | |||||||
| change in cash | -318,130 | -317,272 | 836,571 | -53,548 | -471,400 | 596,246 | 1,000 |
chartway civil engineering limited Credit Report and Business Information
Chartway Civil Engineering Limited Competitor Analysis
Perform a competitor analysis for chartway civil engineering limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in ME19 area or any other competitors across 12 key performance metrics.
chartway civil engineering limited Ownership
CHARTWAY CIVIL ENGINEERING LIMITED group structure
Chartway Civil Engineering Limited has no subsidiary companies.
Ultimate parent company
2 parents
CHARTWAY CIVIL ENGINEERING LIMITED
10401411
chartway civil engineering limited directors
Chartway Civil Engineering Limited currently has 4 directors. The longest serving directors include Mr Steve Cresswell (Jun 2022) and Mr Gavin Hunt (Oct 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steve Cresswell | England | 50 years | Jun 2022 | - | Director |
| Mr Gavin Hunt | England | 45 years | Oct 2023 | - | Director |
| Mr Graham Chivers | England | 44 years | Mar 2024 | - | Director |
| Mr Jonathan Payne | England | 56 years | Aug 2024 | - | Director |
P&L
May 2023turnover
32.6m
+17%
operating profit
2.7m
+77%
gross margin
15%
+16.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
6.7m
+0.65%
total assets
10.1m
-0.11%
cash
273.5k
-0.54%
net assets
Total assets minus all liabilities
chartway civil engineering limited company details
company number
10401411
Type
Private limited with Share Capital
industry
42990 - Construction of other civil engineering projects n.e.c.
incorporation date
September 2016
age
9
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
CROWE U.K. LLP
address
4 abbey wood road, kings hill, kent, ME19 4AB
Bank
-
Legal Advisor
-
chartway civil engineering 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 found 1 charges/mortgages relating to chartway civil engineering limited. Currently there are 1 open charges and 0 have been satisfied in the past.
chartway civil engineering 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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chartway civil engineering limited Companies House Filings - See Documents
| date | description | view/download |
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