clearsky contractor accounting limited
clearsky contractor accounting limited Company Information
Company Number
10502082
Next Accounts
Jul 2025
Shareholders
optionis bidco limited
Group Structure
View All
Industry
Accounting, and auditing activities
Registered Address
840 ibis court, centre park, warrington, cheshire, WA1 1RL
Website
http://optionis.co.ukclearsky contractor accounting limited Estimated Valuation
Pomanda estimates the enterprise value of CLEARSKY CONTRACTOR ACCOUNTING LIMITED at £2.7m based on a Turnover of £3.5m and 0.77x industry multiple (adjusted for size and gross margin).
clearsky contractor accounting limited Estimated Valuation
Pomanda estimates the enterprise value of CLEARSKY CONTRACTOR ACCOUNTING LIMITED at £0 based on an EBITDA of £-696.6k and a 4.92x industry multiple (adjusted for size and gross margin).
clearsky contractor accounting limited Estimated Valuation
Pomanda estimates the enterprise value of CLEARSKY CONTRACTOR ACCOUNTING LIMITED at £31.2m based on Net Assets of £10.2m and 3.06x industry multiple (adjusted for liquidity).
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Clearsky Contractor Accounting Limited Overview
Clearsky Contractor Accounting Limited is a live company located in warrington, WA1 1RL with a Companies House number of 10502082. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in November 2016, it's largest shareholder is optionis bidco limited with a 100% stake. Clearsky Contractor Accounting Limited is a young, small sized company, Pomanda has estimated its turnover at £3.5m with declining growth in recent years.
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Clearsky Contractor Accounting Limited Health Check
Pomanda's financial health check has awarded Clearsky Contractor Accounting Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £3.5m, make it larger than the average company (£211.7k)
£3.5m - Clearsky Contractor Accounting Limited
£211.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (6.9%)
-24% - Clearsky Contractor Accounting Limited
6.9% - Industry AVG
Production
with a gross margin of 49.5%, this company has a higher cost of product (94.8%)
49.5% - Clearsky Contractor Accounting Limited
94.8% - Industry AVG
Profitability
an operating margin of -20.9% make it less profitable than the average company (12.1%)
-20.9% - Clearsky Contractor Accounting Limited
12.1% - Industry AVG
Employees
with 43 employees, this is above the industry average (3)
43 - Clearsky Contractor Accounting Limited
3 - Industry AVG
Pay Structure
on an average salary of £39.3k, the company has an equivalent pay structure (£35.4k)
£39.3k - Clearsky Contractor Accounting Limited
£35.4k - Industry AVG
Efficiency
resulting in sales per employee of £82k, this is equally as efficient (£79.7k)
£82k - Clearsky Contractor Accounting Limited
£79.7k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (75 days)
4 days - Clearsky Contractor Accounting Limited
75 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (24 days)
12 days - Clearsky Contractor Accounting Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Clearsky Contractor Accounting Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (37 weeks)
0 weeks - Clearsky Contractor Accounting Limited
37 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.2%, this is a similar level of debt than the average (51.1%)
50.2% - Clearsky Contractor Accounting Limited
51.1% - Industry AVG
CLEARSKY CONTRACTOR ACCOUNTING LIMITED financials
Clearsky Contractor Accounting Limited's latest turnover from October 2023 is £3.5 million and the company has net assets of £10.2 million. According to their latest financial statements, Clearsky Contractor Accounting Limited has 43 employees and maintains cash reserves of £118.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 3,527,653 | 4,149,644 | 5,657,353 | 8,148,930 | 9,723,656 | 9,756,468 | 8,324,079 |
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | 3,412,026 | 3,608,553 | |||||
| Interest Payable | |||||||
| Interest Receivable | |||||||
| Pre-Tax Profit | -701,996 | -545,290 | 425,639 | 2,223,887 | 3,099,976 | 3,412,026 | 3,608,553 |
| Tax | -27,313 | 33,182 | 6,825 | -867 | 3,995 | -638,274 | -699,541 |
| Profit After Tax | -729,309 | -512,108 | 432,464 | 2,223,020 | 3,103,971 | 2,773,752 | 2,909,012 |
| Dividends Paid | |||||||
| Retained Profit | -729,309 | -512,108 | 432,464 | 2,223,020 | 3,103,971 | 2,773,752 | 2,909,012 |
| Employee Costs | 1,688,772 | 2,114,719 | 2,410,846 | 3,031,069 | 3,295,000 | 3,153,000 | 2,688,083 |
| Number Of Employees | 43 | 60 | 68 | 104 | 132 | 138 | 163 |
| EBITDA* | 3,752,198 | 3,965,756 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 23,266 | 47,481 | 111,690 | 182,800 | 254,162 | 379,372 | |
| Intangible Assets | 7,060 | 16,474 | 28,241 | 22,818 | 164,347 | 363,363 | |
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 30,326 | 63,955 | 139,931 | 205,618 | 418,509 | 742,735 | |
| Stock & work in progress | |||||||
| Trade Debtors | 39,980 | 342,368 | 480,985 | 691,001 | 943,096 | 969,929 | 888,967 |
| Group Debtors | 20,056,801 | 20,163,156 | 20,491,886 | 19,571,648 | 16,832,918 | 14,451,879 | 13,603,067 |
| Misc Debtors | 288,886 | 170,657 | 226,417 | 246,065 | 239,267 | 181,937 | 228,662 |
| Cash | 118,598 | 210,277 | 178,886 | 234,362 | 94,431 | 166,946 | 135,675 |
| misc current assets | |||||||
| total current assets | 20,504,265 | 20,886,458 | 21,378,174 | 20,743,076 | 18,109,712 | 15,770,691 | 14,856,371 |
| total assets | 20,504,265 | 20,916,784 | 21,442,129 | 20,883,007 | 18,315,330 | 16,189,200 | 15,599,106 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 60,698 | 71,221 | 133,220 | 153,522 | 176,152 | 209,057 | 69,199 |
| Group/Directors Accounts | 9,286,785 | 8,854,479 | 8,535,014 | 8,155,012 | 8,408,943 | 8,703,718 | 11,103,718 |
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 11,626 | 402,092 | 575,935 | 1,031,127 | 632,068 | 1,197,387 | 1,158,242 |
| total current liabilities | 9,359,109 | 9,327,792 | 9,244,169 | 9,339,661 | 9,217,163 | 10,110,162 | 12,331,159 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | 94,153 | 114,819 | |||||
| other liabilities | |||||||
| provisions | 944,353 | 658,880 | 755,740 | 533,590 | 311,431 | 302,120 | 244,115 |
| total long term liabilities | 944,353 | 658,880 | 755,740 | 533,590 | 311,431 | 396,273 | 358,934 |
| total liabilities | 10,303,462 | 9,986,672 | 9,999,909 | 9,873,251 | 9,528,594 | 10,506,435 | 12,690,093 |
| net assets | 10,200,803 | 10,930,112 | 11,442,220 | 11,009,756 | 8,786,736 | 5,682,765 | 2,909,013 |
| total shareholders funds | 10,200,803 | 10,930,112 | 11,442,220 | 11,009,756 | 8,786,736 | 5,682,765 | 2,909,013 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 3,412,026 | 3,608,553 | |||||
| Depreciation | 34,282 | 24,215 | 64,209 | 77,950 | 102,382 | 141,157 | 133,080 |
| Amortisation | 7,060 | 9,414 | 11,767 | 22,818 | 141,530 | 199,015 | 224,123 |
| Tax | -27,313 | 33,182 | 6,825 | -867 | 3,995 | -638,274 | -699,541 |
| Stock | |||||||
| Debtors | -290,514 | -523,107 | 690,574 | 2,493,433 | 2,411,536 | 883,049 | 14,720,696 |
| Creditors | -10,523 | -61,999 | -20,302 | -22,630 | -32,905 | 139,858 | 69,199 |
| Accruals and Deferred Income | -390,466 | -173,843 | -455,192 | 399,059 | -659,472 | 18,479 | 1,273,061 |
| Deferred Taxes & Provisions | 285,473 | -96,860 | 222,150 | 222,159 | 9,311 | 58,005 | 244,115 |
| Cash flow from operations | 2,447,217 | -9,868,106 | |||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | 432,306 | 319,465 | 380,002 | -253,931 | -294,775 | -2,400,000 | 11,103,718 |
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | 432,306 | 319,465 | 380,002 | -253,931 | -294,775 | -2,400,000 | 11,103,719 |
| cash and cash equivalents | |||||||
| cash | -91,679 | 31,391 | -55,476 | 139,931 | -72,515 | 31,271 | 135,675 |
| overdraft | |||||||
| change in cash | -91,679 | 31,391 | -55,476 | 139,931 | -72,515 | 31,271 | 135,675 |
clearsky contractor accounting limited Credit Report and Business Information
Clearsky Contractor Accounting Limited Competitor Analysis
Perform a competitor analysis for clearsky contractor accounting limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in WA1 area or any other competitors across 12 key performance metrics.
clearsky contractor accounting limited Ownership
CLEARSKY CONTRACTOR ACCOUNTING LIMITED group structure
Clearsky Contractor Accounting Limited has no subsidiary companies.
Ultimate parent company
2 parents
CLEARSKY CONTRACTOR ACCOUNTING LIMITED
10502082
clearsky contractor accounting limited directors
Clearsky Contractor Accounting Limited currently has 3 directors. The longest serving directors include Mr Graham Storey (Nov 2022) and Mr Mark Lockley (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Graham Storey | United Kingdom | 61 years | Nov 2022 | - | Director |
| Mr Mark Lockley | United Kingdom | 60 years | Feb 2023 | - | Director |
| Mr Andrew Ross | United Kingdom | 61 years | Feb 2023 | - | Director |
P&L
October 2023turnover
3.5m
-15%
operating profit
-737.9k
0%
gross margin
49.6%
-5.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
10.2m
-0.07%
total assets
20.5m
-0.02%
cash
118.6k
-0.44%
net assets
Total assets minus all liabilities
clearsky contractor accounting limited company details
company number
10502082
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
November 2016
age
9
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
October 2023
previous names
clearsky newco ltd (January 2017)
accountant
-
auditor
-
address
840 ibis court, centre park, warrington, cheshire, WA1 1RL
Bank
-
Legal Advisor
-
clearsky contractor accounting 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 clearsky contractor accounting limited.
clearsky contractor accounting 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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clearsky contractor accounting limited Companies House Filings - See Documents
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