the clearway group limited Company Information
Company Number
10417114
Registered Address
pennine place, 2a charing cross road, london, WC2H 0HF
Industry
Activities of head offices
Telephone
01322332211
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
clearway (2021) bidco limited 100%
the clearway group limited Estimated Valuation
Pomanda estimates the enterprise value of THE CLEARWAY GROUP LIMITED at £0 based on a Turnover of £0 and 0.67x industry multiple (adjusted for size and gross margin).
the clearway group limited Estimated Valuation
Pomanda estimates the enterprise value of THE CLEARWAY GROUP LIMITED at £0 based on an EBITDA of £-3.1m and a 4.48x industry multiple (adjusted for size and gross margin).
the clearway group limited Estimated Valuation
Pomanda estimates the enterprise value of THE CLEARWAY GROUP LIMITED at £0 based on Net Assets of £-7.6m and 2.58x industry multiple (adjusted for liquidity).
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The Clearway Group Limited Overview
The Clearway Group Limited is a live company located in london, WC2H 0HF with a Companies House number of 10417114. It operates in the activities of head offices sector, SIC Code 70100. Founded in October 2016, it's largest shareholder is clearway (2021) bidco limited with a 100% stake. The Clearway Group Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
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The Clearway Group Limited Health Check
There is insufficient data available to calculate a health check for The Clearway Group Limited. Company Health Check FAQs
0 Strong
0 Regular
5 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - The Clearway Group Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (4.4%)
- - The Clearway Group Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - The Clearway Group Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - The Clearway Group Limited
- - Industry AVG
Employees
with 18 employees, this is below the industry average (117)
- - The Clearway Group Limited
- - Industry AVG
Pay Structure
on an average salary of £117.1k, the company has a higher pay structure (£45.4k)
- - The Clearway Group Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- - The Clearway Group Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - The Clearway Group Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - The Clearway Group Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Clearway Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
- - The Clearway Group Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 130.8%, this is a higher level of debt than the average (57%)
- - The Clearway Group Limited
- - Industry AVG
THE CLEARWAY GROUP LIMITED financials
The Clearway Group Limited's latest turnover from March 2023 is 0 and the company has net assets of -£7.6 million. According to their latest financial statements, The Clearway Group Limited has 18 employees and maintains cash reserves of £33 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
---|---|---|---|---|---|---|---|
Turnover | 0 | 0 | 28,899,000 | 24,573,000 | 19,452,000 | 9,816,632 | 2,812,507 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||
Cost Of Sales | 13,879,000 | 12,346,000 | 10,585,000 | 5,720,550 | 1,624,060 | ||
Gross Profit | 15,020,000 | 12,227,000 | 8,867,000 | 4,096,082 | 1,188,447 | ||
Admin Expenses | 13,786,000 | 12,192,000 | 8,514,000 | 3,869,733 | 1,051,008 | ||
Operating Profit | -3,189,000 | -2,089,000 | 1,234,000 | 35,000 | 353,000 | 226,349 | 137,439 |
Interest Payable | 293,000 | 1,068,000 | 4,648,000 | 3,342,000 | 4,476,000 | 1,186,792 | 365,472 |
Interest Receivable | 109,000 | 441,000 | 8,000 | 0 | 26,000 | 8,283 | 2,941 |
Pre-Tax Profit | -3,373,000 | -2,716,000 | -3,406,000 | -3,307,000 | -4,097,000 | -955,160 | -225,092 |
Tax | 689,000 | 591,000 | -303,000 | -134,000 | -253,000 | -206,131 | 202,571 |
Profit After Tax | -2,684,000 | -2,125,000 | -3,709,000 | -3,441,000 | -4,350,000 | -1,161,291 | -22,521 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | -2,684,000 | -2,125,000 | -3,709,000 | -3,441,000 | -4,350,000 | -1,161,291 | -22,521 |
Employee Costs | 2,108,000 | 1,656,000 | 10,039,000 | 9,450,000 | 6,310,000 | 3,861,996 | 935,546 |
Number Of Employees | 18 | 15 | 238 | 235 | 178 | 108 | 65 |
EBITDA* | -3,098,000 | -2,066,000 | 5,631,000 | 3,848,000 | 3,354,000 | 1,480,199 | 549,231 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 18,000 | 7,000 | 5,441,000 | 4,237,000 | 3,051,000 | 1,063,830 | 621,547 |
Intangible Assets | 438,000 | 163,000 | 20,413,000 | 21,636,000 | 18,417,000 | 8,410,836 | 8,224,081 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 13,719,000 | 12,886,000 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 14,175,000 | 13,056,000 | 25,854,000 | 25,873,000 | 21,468,000 | 9,474,666 | 8,845,628 |
Stock & work in progress | 0 | 0 | 75,000 | 105,000 | 63,000 | 21,849 | 82,712 |
Trade Debtors | 0 | 0 | 7,007,000 | 5,873,000 | 4,105,000 | 1,910,930 | 1,081,630 |
Group Debtors | 9,919,000 | 6,786,000 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 481,000 | 147,000 | 2,712,000 | 1,836,000 | 1,421,000 | 894,932 | 1,050,671 |
Cash | 33,000 | 390,000 | 1,703,000 | 1,650,000 | 1,051,000 | 936,718 | 1,452,337 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 10,433,000 | 7,323,000 | 11,497,000 | 9,464,000 | 6,640,000 | 3,764,429 | 3,667,350 |
total assets | 24,608,000 | 20,379,000 | 37,351,000 | 35,337,000 | 28,108,000 | 13,239,095 | 12,512,978 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 457,000 | 142,000 | 2,601,000 | 3,408,000 | 2,092,000 | 1,276,307 | 1,130,414 |
Group/Directors Accounts | 30,897,000 | 24,989,000 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 3,015,000 | 1,782,000 | 0 | 0 |
hp & lease commitments | 0 | 0 | 43,000 | 37,000 | 47,000 | 14,107 | 55,733 |
other current liabilities | 323,000 | 108,000 | 5,751,000 | 4,885,000 | 3,998,000 | 1,799,753 | 932,110 |
total current liabilities | 31,677,000 | 25,239,000 | 8,395,000 | 11,345,000 | 7,919,000 | 3,090,167 | 2,118,257 |
loans | 500,000 | 0 | 33,854,000 | 28,295,000 | 23,580,000 | 10,247,532 | 9,793,448 |
hp & lease commitments | 0 | 0 | 52,000 | 57,000 | 0 | 0 | 15,043 |
Accruals and Deferred Income | 0 | 0 | 5,375,000 | 4,055,000 | 1,630,000 | 633,354 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 207,338 |
provisions | 0 | 0 | 1,580,000 | 0 | 0 | 0 | 0 |
total long term liabilities | 500,000 | 0 | 40,861,000 | 32,407,000 | 25,210,000 | 10,880,886 | 10,015,829 |
total liabilities | 32,177,000 | 25,239,000 | 49,256,000 | 43,752,000 | 33,129,000 | 13,971,053 | 12,134,086 |
net assets | -7,569,000 | -4,860,000 | -11,905,000 | -8,415,000 | -5,021,000 | -731,958 | 378,892 |
total shareholders funds | -7,569,000 | -4,860,000 | -11,905,000 | -8,415,000 | -5,021,000 | -731,958 | 378,892 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | -3,189,000 | -2,089,000 | 1,234,000 | 35,000 | 353,000 | 226,349 | 137,439 |
Depreciation | 8,000 | 19,000 | 1,732,000 | 1,279,000 | 928,000 | 319,018 | 128,203 |
Amortisation | 83,000 | 4,000 | 2,665,000 | 2,534,000 | 2,073,000 | 934,832 | 283,589 |
Tax | 689,000 | 591,000 | -303,000 | -134,000 | -253,000 | -206,131 | 202,571 |
Stock | 0 | -75,000 | -30,000 | 42,000 | 41,151 | -60,863 | 82,712 |
Debtors | 4,300,000 | 10,100,000 | 2,010,000 | 2,183,000 | 2,720,138 | 673,561 | 2,132,301 |
Creditors | 315,000 | -2,459,000 | -807,000 | 1,316,000 | 815,693 | 145,893 | 1,130,414 |
Accruals and Deferred Income | 215,000 | -11,018,000 | 2,186,000 | 3,312,000 | 3,194,893 | 1,500,997 | 932,110 |
Deferred Taxes & Provisions | 0 | -1,580,000 | 1,580,000 | 0 | 0 | 0 | 0 |
Cash flow from operations | -6,179,000 | -26,557,000 | 6,307,000 | 6,117,000 | 4,350,297 | 2,308,260 | 599,313 |
Investing Activities | |||||||
capital expenditure | 0 | 0 | 0 | -757,935 | 1,857,945 | ||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | 0 | 0 | -757,935 | 1,857,945 | ||
Financing Activities | |||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 5,908,000 | 24,989,000 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | -3,015,000 | 1,233,000 | 1,782,000 | 0 | 0 |
Long term loans | 500,000 | -33,854,000 | 5,559,000 | 4,715,000 | 13,332,468 | 454,084 | 9,793,448 |
Hire Purchase and Lease Commitments | 0 | -95,000 | 1,000 | 47,000 | 32,893 | -56,669 | 70,776 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | -207,338 | 207,338 |
share issue | |||||||
interest | -184,000 | -627,000 | -4,640,000 | -3,342,000 | -4,450,000 | -1,178,509 | -362,531 |
cash flow from financing | 6,199,000 | -417,000 | -1,876,000 | 2,700,000 | 10,758,319 | -937,991 | 10,110,444 |
cash and cash equivalents | |||||||
cash | -357,000 | -1,313,000 | 53,000 | 599,000 | 114,282 | -515,619 | 1,452,337 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -357,000 | -1,313,000 | 53,000 | 599,000 | 114,282 | -515,619 | 1,452,337 |
the clearway group limited Credit Report and Business Information
The Clearway Group Limited Competitor Analysis
Perform a competitor analysis for the clearway group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other young companies, companies in WC2H area or any other competitors across 12 key performance metrics.
the clearway group limited Ownership
THE CLEARWAY GROUP LIMITED group structure
The Clearway Group Limited has 1 subsidiary company.
Ultimate parent company
2 parents
THE CLEARWAY GROUP LIMITED
10417114
1 subsidiary
the clearway group limited directors
The Clearway Group Limited currently has 3 directors. The longest serving directors include Mr Peter Eglinton (May 2023) and Mrs Harveen Rai (Sep 2024).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Peter Eglinton | 55 years | May 2023 | - | Director | |
Mrs Harveen Rai | England | 50 years | Sep 2024 | - | Director |
Ms Milena Jeczelewska | England | 45 years | Sep 2024 | - | Director |
P&L
March 2023turnover
0
0%
operating profit
-3.2m
+53%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-7.6m
+0.56%
total assets
24.6m
+0.21%
cash
33k
-0.92%
net assets
Total assets minus all liabilities
the clearway group limited company details
company number
10417114
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
October 2016
age
8
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
the clearway group plc (April 2018)
accountant
-
auditor
BDO LLP
address
pennine place, 2a charing cross road, london, WC2H 0HF
Bank
SANTANDER UK PLC
Legal Advisor
-
the clearway group 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 7 charges/mortgages relating to the clearway group limited. Currently there are 3 open charges and 4 have been satisfied in the past.
the clearway group limited Companies House Filings - See Documents
date | description | view/download |
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