new classic express ltd
new classic express ltd Company Information
Company Number
10658979
Next Accounts
Dec 2025
Directors
Shareholders
babor chowdhury
shamim ahmed
Group Structure
View All
Industry
Retail sale in non-specialised stores with food, beverages or tobacco predominating
+1Registered Address
575 commercial road, london, greater london, E1 0HJ
Website
-new classic express ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW CLASSIC EXPRESS LTD at £38k based on a Turnover of £70.6k and 0.54x industry multiple (adjusted for size and gross margin).
new classic express ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW CLASSIC EXPRESS LTD at £0 based on an EBITDA of £-15k and a 2.72x industry multiple (adjusted for size and gross margin).
new classic express ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW CLASSIC EXPRESS LTD at £0 based on Net Assets of £-66k and 1.98x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
New Classic Express Ltd Overview
New Classic Express Ltd is a live company located in greater london, E1 0HJ with a Companies House number of 10658979. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in March 2017, it's largest shareholder is babor chowdhury with a 80% stake. New Classic Express Ltd is a young, micro sized company, Pomanda has estimated its turnover at £70.6k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
New Classic Express Ltd Health Check
Pomanda's financial health check has awarded New Classic Express Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £70.6k, make it smaller than the average company (£4m)
- New Classic Express Ltd
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (6.5%)
- New Classic Express Ltd
6.5% - Industry AVG
Production
with a gross margin of 15.4%, this company has a higher cost of product (39.5%)
- New Classic Express Ltd
39.5% - Industry AVG
Profitability
an operating margin of -21.2% make it less profitable than the average company (6.2%)
- New Classic Express Ltd
6.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (18)
- New Classic Express Ltd
18 - Industry AVG
Pay Structure
on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)
- New Classic Express Ltd
£48.5k - Industry AVG
Efficiency
resulting in sales per employee of £70.6k, this is less efficient (£171.2k)
- New Classic Express Ltd
£171.2k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is later than average (19 days)
- New Classic Express Ltd
19 days - Industry AVG
Creditor Days
its suppliers are paid after 292 days, this is slower than average (35 days)
- New Classic Express Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- New Classic Express Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - New Classic Express Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 842.3%, this is a higher level of debt than the average (65.9%)
842.3% - New Classic Express Ltd
65.9% - Industry AVG
NEW CLASSIC EXPRESS LTD financials
New Classic Express Ltd's latest turnover from March 2024 is estimated at £70.6 thousand and the company has net assets of -£66 thousand. According to their latest financial statements, we estimate that New Classic Express Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| 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 | 4 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,522 | 2,522 | 1,629 | 1,629 | 1,629 | ||
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 2,522 | 2,522 | 1,629 | 1,629 | 1,629 | ||
| Stock & work in progress | |||||||
| Trade Debtors | 6,363 | 9,674 | 25,966 | 44,866 | 3,382 | 4,507 | 7,857 |
| Group Debtors | |||||||
| Misc Debtors | |||||||
| Cash | |||||||
| misc current assets | |||||||
| total current assets | 6,363 | 9,674 | 25,966 | 44,866 | 3,382 | 4,507 | 7,857 |
| total assets | 8,885 | 12,196 | 27,595 | 46,495 | 5,011 | 4,507 | 7,857 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 47,908 | 25,988 | 20,768 | 4,822 | 19,481 | 19,767 | 15,002 |
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | |||||||
| total current liabilities | 47,908 | 25,988 | 20,768 | 4,822 | 19,481 | 19,767 | 15,002 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | 200 | 200 | 200 | 400 | |||
| other liabilities | 26,928 | 36,985 | 47,338 | 50,000 | |||
| provisions | |||||||
| total long term liabilities | 26,928 | 37,185 | 47,538 | 50,200 | 400 | ||
| total liabilities | 74,836 | 63,173 | 68,306 | 55,022 | 19,881 | 19,767 | 15,002 |
| net assets | -65,951 | -50,977 | -40,711 | -8,527 | -14,870 | -15,260 | -7,145 |
| total shareholders funds | -65,951 | -50,977 | -40,711 | -8,527 | -14,870 | -15,260 | -7,145 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | -3,311 | -16,292 | -18,900 | 41,484 | -1,125 | -3,350 | 7,857 |
| Creditors | 21,920 | 5,220 | 15,946 | -14,659 | -286 | 4,765 | 15,002 |
| Accruals and Deferred Income | -200 | -200 | 400 | ||||
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | -10,057 | -10,353 | -2,662 | 50,000 | |||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | |||||||
| overdraft | |||||||
| change in cash |
new classic express ltd Credit Report and Business Information
New Classic Express Ltd Competitor Analysis
Perform a competitor analysis for new classic express ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in E 1 area or any other competitors across 12 key performance metrics.
new classic express ltd Ownership
NEW CLASSIC EXPRESS LTD group structure
New Classic Express Ltd has no subsidiary companies.
Ultimate parent company
NEW CLASSIC EXPRESS LTD
10658979
new classic express ltd directors
New Classic Express Ltd currently has 1 director, Mr Babor Chowdhury serving since Jul 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Babor Chowdhury | England | 45 years | Jul 2023 | - | Director |
P&L
March 2024turnover
70.6k
+62%
operating profit
-15k
0%
gross margin
15.5%
-7.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-66k
+0.29%
total assets
8.9k
-0.27%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
new classic express ltd company details
company number
10658979
Type
Private limited with Share Capital
industry
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
March 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
MOHI & CO
auditor
-
address
575 commercial road, london, greater london, E1 0HJ
Bank
-
Legal Advisor
-
new classic express 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 new classic express ltd.
new classic express 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.
Click to start generating capital raising & share issue transactions for NEW CLASSIC EXPRESS LTD. This can take several minutes, an email will notify you when this has completed.
new classic express ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
