corner xpress ltd
corner xpress ltd Company Information
Company Number
10539851
Website
-Registered Address
73 camden road, london, NW1 9EU
Industry
Other personal service activities n.e.c.
Telephone
02072677212
Next Accounts Due
October 2024
Group Structure
View All
Directors
Okan Dogan7 Years
Shareholders
okan dogan 100%
corner xpress ltd Estimated Valuation
Pomanda estimates the enterprise value of CORNER XPRESS LTD at £154.6k based on a Turnover of £231k and 0.67x industry multiple (adjusted for size and gross margin).
corner xpress ltd Estimated Valuation
Pomanda estimates the enterprise value of CORNER XPRESS LTD at £0 based on an EBITDA of £-51.9k and a 4.51x industry multiple (adjusted for size and gross margin).
corner xpress ltd Estimated Valuation
Pomanda estimates the enterprise value of CORNER XPRESS LTD at £0 based on Net Assets of £-79.8k and 2.11x industry multiple (adjusted for liquidity).
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Corner Xpress Ltd Overview
Corner Xpress Ltd is a dissolved company that was located in london, NW1 9EU with a Companies House number of 10539851. It operated in the other service activities n.e.c. sector, SIC Code 96090. Founded in December 2016, it's largest shareholder was okan dogan with a 100% stake. The last turnover for Corner Xpress Ltd was estimated at £231k.
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Corner Xpress Ltd Health Check
Pomanda's financial health check has awarded Corner Xpress Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
6 Weak
Size
annual sales of £231k, make it smaller than the average company (£692.4k)
- Corner Xpress Ltd
£692.4k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Corner Xpress Ltd
- - Industry AVG
Production
with a gross margin of 39.7%, this company has a comparable cost of product (39.7%)
- Corner Xpress Ltd
39.7% - Industry AVG
Profitability
an operating margin of -23.1% make it less profitable than the average company (6.2%)
- Corner Xpress Ltd
6.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (15)
3 - Corner Xpress Ltd
15 - Industry AVG
Pay Structure
on an average salary of £26.9k, the company has an equivalent pay structure (£26.9k)
- Corner Xpress Ltd
£26.9k - Industry AVG
Efficiency
resulting in sales per employee of £77k, this is equally as efficient (£73.2k)
- Corner Xpress Ltd
£73.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Corner Xpress Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Corner Xpress Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 119 days, this is more than average (34 days)
- Corner Xpress Ltd
34 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (43 weeks)
0 weeks - Corner Xpress Ltd
43 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 247.3%, this is a higher level of debt than the average (45.6%)
247.3% - Corner Xpress Ltd
45.6% - Industry AVG
CORNER XPRESS LTD financials
Corner Xpress Ltd's latest turnover from September 2019 is estimated at £231 thousand and the company has net assets of -£79.8 thousand. According to their latest financial statements, Corner Xpress Ltd has 3 employees and maintains cash reserves of £582 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|
| Turnover | |||
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | |||
| Tax | |||
| Profit After Tax | |||
| Dividends Paid | |||
| Retained Profit | |||
| Employee Costs | |||
| Number Of Employees | 3 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|
| Tangible Assets | 7,978 | 9,349 | 10,922 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 7,978 | 9,349 | 10,922 |
| Stock & work in progress | 45,600 | 75,600 | 41,600 |
| Trade Debtors | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 582 | 2,437 | 3,547 |
| misc current assets | 0 | 667 | 944 |
| total current assets | 46,182 | 78,704 | 46,091 |
| total assets | 54,160 | 88,053 | 57,013 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 133,941 | 114,547 | 55,351 |
| total current liabilities | 133,941 | 114,547 | 55,351 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 133,941 | 114,547 | 55,351 |
| net assets | -79,781 | -26,494 | 1,662 |
| total shareholders funds | -79,781 | -26,494 | 1,662 |
| Sep 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 1,371 | 2,273 | 1,928 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | -30,000 | 34,000 | 41,600 |
| Debtors | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 |
| Accruals and Deferred Income | 19,394 | 59,196 | 55,351 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -1,855 | -1,110 | 3,547 |
| overdraft | 0 | 0 | 0 |
| change in cash | -1,855 | -1,110 | 3,547 |
corner xpress ltd Credit Report and Business Information
Corner Xpress Ltd Competitor Analysis
Perform a competitor analysis for corner xpress ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other undefined companies, companies in NW1 area or any other competitors across 12 key performance metrics.
corner xpress ltd Ownership
CORNER XPRESS LTD group structure
Corner Xpress Ltd has no subsidiary companies.
Ultimate parent company
CORNER XPRESS LTD
10539851
corner xpress ltd directors
Corner Xpress Ltd currently has 1 director, Mr Okan Dogan serving since Dec 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Okan Dogan | England | 34 years | Dec 2016 | - | Director |
P&L
September 2019turnover
231k
-17%
operating profit
-53.3k
0%
gross margin
39.7%
+0.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2019net assets
-79.8k
+2.01%
total assets
54.2k
-0.38%
cash
582
-0.76%
net assets
Total assets minus all liabilities
corner xpress ltd company details
company number
10539851
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
December 2016
age
8
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
September 2019
address
73 camden road, london, NW1 9EU
accountant
-
auditor
-
corner xpress 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 corner xpress ltd.
corner xpress ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
