the merchants of charlestown ltdEstimated Valuation
£239.2k
Pomanda estimates the enterprise value of THE MERCHANTS OF CHARLESTOWN LTD at £239.2k based on a Turnover of £471.2k and 0.51x industry multiple (adjusted for size and gross margin).
the merchants of charlestown ltdEstimated Valuation
£438.3k
Pomanda estimates the enterprise value of THE MERCHANTS OF CHARLESTOWN LTD at £438.3k based on an EBITDA of £106.5k and a 4.11x industry multiple (adjusted for size and gross margin).
the merchants of charlestown ltdEstimated Valuation
£240.1k
Pomanda estimates the enterprise value of THE MERCHANTS OF CHARLESTOWN LTD at £240.1k based on Net Assets of £99.2k and 2.42x industry multiple (adjusted for liquidity).
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The Merchants Of Charlestown LtdOverview
The Merchants Of Charlestown Ltd is a live company located in st austell, PL25 3NX with a Companies House number of 10638347. It operates in the museums activities sector, SIC Code 91020. Founded in February 2017, it's largest shareholder is
smit associates limited
with a 100% stake. The Merchants Of Charlestown Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£471.2k with
rapid
growth in recent years.
Pomanda's financial health check has awarded The Merchants Of Charlestown Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
3 Strong
1 Regular
8 Weak
Size
annual sales of £471.2k, make it smaller than the average company (£759.9k)
£471.2k - The Merchants Of Charlestown Ltd
£759.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (9.2%)
33% - The Merchants Of Charlestown Ltd
9.2% - Industry AVG
Production
with a gross margin of 37.7%, this company has a higher cost of product (50.7%)
37.7% - The Merchants Of Charlestown Ltd
50.7% - Industry AVG
Profitability
an operating margin of 7.4% make it less profitable than the average company (9.8%)
7.4% - The Merchants Of Charlestown Ltd
9.8% - Industry AVG
Employees
with 14 employees, this is below the industry average (20)
14 - The Merchants Of Charlestown Ltd
20 - Industry AVG
Pay Structure
on an average salary of £19.6k, the company has an equivalent pay structure (£19.6k)
£19.6k - The Merchants Of Charlestown Ltd
£19.6k - Industry AVG
Efficiency
resulting in sales per employee of £33.7k, this is less efficient (£70.5k)
£33.7k - The Merchants Of Charlestown Ltd
£70.5k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is later than average (8 days)
19 days - The Merchants Of Charlestown Ltd
8 days - Industry AVG
Creditor Days
its suppliers are paid after 110 days, this is slower than average (28 days)
110 days - The Merchants Of Charlestown Ltd
28 days - Industry AVG
Stock Days
it holds stock equivalent to 53 days, this is less than average (78 days)
53 days - The Merchants Of Charlestown Ltd
78 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (135 weeks)
0 weeks - The Merchants Of Charlestown Ltd
135 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.8%, this is a higher level of debt than the average (35.2%)
94.8% - The Merchants Of Charlestown Ltd
35.2% - Industry AVG
THE MERCHANTS OF CHARLESTOWN LTD financials
EXPORT
The Merchants Of Charlestown Ltd's latest turnover from February 2024 is estimated at £471.2 thousand and the company has net assets of £99.2 thousand. According to their latest financial statements, The Merchants Of Charlestown Ltd has 14 employees and maintains cash reserves of £10.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Turnover
471,161
265,130
162,023
199,975
289,381
Other Income Or Grants
Cost Of Sales
293,351
166,229
121,100
136,681
184,152
Gross Profit
177,810
98,900
40,923
63,294
105,229
Admin Expenses
143,144
78,724
-54,832
27,724
160,786
Operating Profit
34,666
20,176
95,755
35,570
-55,557
Interest Payable
1,625
3,247
1,905
Interest Receivable
5,259
8,619
896
66
51
Pre-Tax Profit
39,925
28,795
95,026
32,389
-57,411
Tax
-9,981
-5,471
-18,055
-6,154
Profit After Tax
29,944
23,324
76,971
26,235
-57,411
Dividends Paid
Retained Profit
29,944
23,324
76,971
26,235
-57,411
Employee Costs
274,056
114,613
109,852
102,903
187,764
Number Of Employees
14
6
6
6
11
EBITDA*
106,526
91,019
150,616
86,736
-32,061
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Tangible Assets
1,760,342
1,765,392
1,680,647
1,703,346
226,242
Intangible Assets
2,007
6,767
11,527
8,250
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,760,342
1,767,399
1,687,414
1,714,873
234,492
Stock & work in progress
43,032
25,217
14,910
11,722
8,374
Trade Debtors
24,639
36,937
10,964
19,939
6,988
Group Debtors
Misc Debtors
57,616
16,473
10,547
17,222
15,051
Cash
10,510
189,827
241,114
117,455
13,599
misc current assets
total current assets
135,797
268,454
277,535
166,338
44,012
total assets
1,896,139
2,035,853
1,964,949
1,881,211
278,504
Bank overdraft
Bank loan
50,000
Trade Creditors
89,107
27,395
15,068
5,507
47,417
Group/Directors Accounts
1,531,735
1,784,260
1,788,031
1,761,721
194,007
other short term finances
hp & lease commitments
other current liabilities
13,762
12,817
20,953
21,128
37,946
total current liabilities
1,634,604
1,824,472
1,824,052
1,838,356
279,370
loans
56,445
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
162,372
142,162
95,002
73,931
total long term liabilities
162,372
142,162
95,002
73,931
56,445
total liabilities
1,796,976
1,966,634
1,919,054
1,912,287
335,815
net assets
99,163
69,219
45,895
-31,076
-57,311
total shareholders funds
99,163
69,219
45,895
-31,076
-57,311
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Operating Activities
Operating Profit
34,666
20,176
95,755
35,570
-55,557
Depreciation
69,853
66,083
50,101
46,406
20,746
Amortisation
2,007
4,760
4,760
4,760
2,750
Tax
-9,981
-5,471
-18,055
-6,154
Stock
17,815
10,307
3,188
3,348
8,374
Debtors
28,845
31,899
-15,650
15,122
22,039
Creditors
61,712
12,327
9,561
-41,910
47,417
Accruals and Deferred Income
945
-8,136
-175
-16,818
37,946
Deferred Taxes & Provisions
20,210
47,160
21,071
73,931
Cash flow from operations
132,752
94,693
175,480
77,315
22,889
Investing Activities
capital expenditure
-64,803
-150,828
-27,402
-1,531,547
-257,988
Change in Investments
cash flow from investments
-64,803
-150,828
-27,402
-1,531,547
-257,988
Financing Activities
Bank loans
-50,000
50,000
Group/Directors Accounts
-252,525
-3,771
26,310
1,567,714
194,007
Other Short Term Loans
Long term loans
-56,445
56,445
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
5,259
8,619
-729
-3,181
-1,854
cash flow from financing
-247,266
4,848
-24,419
1,558,088
248,698
cash and cash equivalents
cash
-179,317
-51,287
123,659
103,856
13,599
overdraft
change in cash
-179,317
-51,287
123,659
103,856
13,599
the merchants of charlestown ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for the merchants of charlestown ltd. Get real-time insights into the merchants of charlestown ltd's credit score, group structure and payment trends.
The Merchants Of Charlestown Ltd Competitor Analysis
Perform a competitor analysis for the merchants of charlestown ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in PL25 area or any other competitors across 12 key performance metrics.
the merchants of charlestown ltd Ownership
THE MERCHANTS OF CHARLESTOWN LTD group structure
The Merchants Of Charlestown Ltd has no subsidiary companies.
The sole shareholder of The Merchants Of Charlestown Ltd is Smit Associates Limited.
smit associates limited
100%
the merchants of charlestown ltd directors
The Merchants Of Charlestown Ltd currently has 4 directors.
The longest serving directors include
Sir Timothy Smit (Feb 2017) and
Mr Jeremy Smit (Dec 2019).
shipwreck and heritage centre, quay road, st austell, cornwall, PL25 3NX
Bank
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Legal Advisor
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the merchants of charlestown 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 found 2 charges/mortgages relating to the merchants of charlestown ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
the merchants of charlestown 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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the merchants of charlestown ltdCompanies House Filings - See Documents
