c1 racing club limited
c1 racing club limited Company Information
Group Structure
View All
Industry
Activities of sport clubs
Registered Address
c/o bishop fleming llp, 10 temple back, bristol, BS1 6FL
Website
c1racing.clubc1 racing club limited Estimated Valuation
Pomanda estimates the enterprise value of C1 RACING CLUB LIMITED at £152.9k based on a Turnover of £142k and 1.08x industry multiple (adjusted for size and gross margin).
c1 racing club limited Estimated Valuation
Pomanda estimates the enterprise value of C1 RACING CLUB LIMITED at £189.2k based on an EBITDA of £57.3k and a 3.3x industry multiple (adjusted for size and gross margin).
c1 racing club limited Estimated Valuation
Pomanda estimates the enterprise value of C1 RACING CLUB LIMITED at £1.1m based on Net Assets of £654.6k and 1.71x industry multiple (adjusted for liquidity).
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C1 Racing Club Limited Overview
C1 Racing Club Limited is a dissolved company that was located in bristol, BS1 6FL with a Companies House number of 10731772. It operated in the activities of sport clubs sector, SIC Code 93120. Founded in April 2017, it's largest shareholder was unknown. The last turnover for C1 Racing Club Limited was estimated at £142k.
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C1 Racing Club Limited Health Check
Pomanda's financial health check has awarded C1 Racing Club Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £142k, make it smaller than the average company (£349.8k)
£142k - C1 Racing Club Limited
£349.8k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- C1 Racing Club Limited
- - Industry AVG
Production
with a gross margin of 61.2%, this company has a comparable cost of product (65.2%)
61.2% - C1 Racing Club Limited
65.2% - Industry AVG
Profitability
an operating margin of 38.7% make it more profitable than the average company (1.2%)
38.7% - C1 Racing Club Limited
1.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (17)
- C1 Racing Club Limited
17 - Industry AVG
Pay Structure
on an average salary of £22.1k, the company has an equivalent pay structure (£22.1k)
- C1 Racing Club Limited
£22.1k - Industry AVG
Efficiency
resulting in sales per employee of £35.5k, this is less efficient (£47.2k)
- C1 Racing Club Limited
£47.2k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (10 days)
4 days - C1 Racing Club Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (35 days)
3 days - C1 Racing Club Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - C1 Racing Club Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1841 weeks, this is more cash available to meet short term requirements (58 weeks)
1841 weeks - C1 Racing Club Limited
58 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.8%, this is a lower level of debt than the average (40.9%)
2.8% - C1 Racing Club Limited
40.9% - Industry AVG
C1 RACING CLUB LIMITED financials
C1 Racing Club Limited's latest turnover from December 2020 is £142 thousand and the company has net assets of £654.6 thousand. According to their latest financial statements, we estimate that C1 Racing Club Limited has 4 employees and maintains cash reserves of £666.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2020 | Dec 2019 | Dec 2018 | Apr 2018 | |
|---|---|---|---|---|
| Turnover | 141,968 | 1,060,868 | ||
| Other Income Or Grants | 0 | 0 | ||
| Cost Of Sales | 55,020 | 595,539 | ||
| Gross Profit | 86,948 | 465,329 | ||
| Admin Expenses | 32,043 | 66,980 | ||
| Operating Profit | 54,905 | 398,349 | ||
| Interest Payable | 0 | 96 | ||
| Interest Receivable | 1,037 | 1,023 | ||
| Pre-Tax Profit | 55,942 | 399,276 | ||
| Tax | -2,387 | -9,820 | ||
| Profit After Tax | 53,555 | 389,456 | ||
| Dividends Paid | 0 | 0 | ||
| Retained Profit | 53,555 | 389,456 | ||
| Employee Costs | ||||
| Number Of Employees | ||||
| EBITDA* | 57,253 | 400,697 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2020 | Dec 2019 | Dec 2018 | Apr 2018 | |
|---|---|---|---|---|
| Tangible Assets | 4,695 | 7,043 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,695 | 7,043 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,565 | 7,850 | 520,265 | 325,593 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 984 | 277 | 0 | 0 |
| Cash | 666,142 | 600,722 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 668,691 | 608,849 | 520,265 | 325,593 |
| total assets | 673,386 | 615,892 | 520,265 | 325,593 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 516 | 3,629 | 308,703 | 291,444 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 18,297 | 11,245 | 0 | 0 |
| total current liabilities | 18,813 | 14,874 | 308,703 | 291,444 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 1,306 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 1,306 |
| total liabilities | 18,813 | 14,874 | 308,703 | 292,750 |
| net assets | 654,573 | 601,018 | 211,562 | 32,843 |
| total shareholders funds | 654,573 | 601,018 | 211,562 | 32,843 |
| Dec 2020 | Dec 2019 | Dec 2018 | Apr 2018 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 54,905 | 398,349 | ||
| Depreciation | 2,348 | 2,348 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | -2,387 | -9,820 | ||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -5,578 | -512,138 | 520,265 | 325,593 |
| Creditors | -3,113 | -305,074 | 308,703 | 291,444 |
| Accruals and Deferred Income | 7,052 | 11,245 | 0 | 1,306 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | 64,383 | 609,186 | ||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | 1,037 | 927 | ||
| cash flow from financing | 1,037 | 927 | ||
| cash and cash equivalents | ||||
| cash | 65,420 | 600,722 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 65,420 | 600,722 | 0 | 0 |
c1 racing club limited Credit Report and Business Information
C1 Racing Club Limited Competitor Analysis
Perform a competitor analysis for c1 racing club limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other undefined companies, companies in BS1 area or any other competitors across 12 key performance metrics.
c1 racing club limited Ownership
C1 RACING CLUB LIMITED group structure
C1 Racing Club Limited has no subsidiary companies.
Ultimate parent company
C1 RACING CLUB LIMITED
10731772
c1 racing club limited directors
C1 Racing Club Limited currently has 3 directors. The longest serving directors include Mr Caryl Wills (Apr 2017) and Mr Nicholas Paton (Apr 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Caryl Wills | United Kingdom | 67 years | Apr 2017 | - | Director |
| Mr Nicholas Paton | England | 49 years | Apr 2017 | - | Director |
| Mr Philip Myatt | United Kingdom | 65 years | Apr 2017 | - | Director |
P&L
December 2020turnover
142k
-87%
operating profit
54.9k
-86%
gross margin
61.3%
+39.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2020net assets
654.6k
+0.09%
total assets
673.4k
+0.09%
cash
666.1k
+0.11%
net assets
Total assets minus all liabilities
c1 racing club limited company details
company number
10731772
Type
Private Ltd By Guarantee w/o Share Cap
industry
93120 - Activities of sport clubs
incorporation date
April 2017
age
8
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2020
previous names
N/A
accountant
-
auditor
BISHOP FLEMING LLP
address
c/o bishop fleming llp, 10 temple back, bristol, BS1 6FL
Bank
-
Legal Advisor
-
c1 racing club 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 c1 racing club limited.
c1 racing club 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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c1 racing club limited Companies House Filings - See Documents
| date | description | view/download |
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