cretech ltd
cretech ltd Company Information
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
36 scotts road, bromley, BR1 3QD
Website
www.cretech.comcretech ltd Estimated Valuation
Pomanda estimates the enterprise value of CRETECH LTD at £286.8k based on a Turnover of £719.1k and 0.4x industry multiple (adjusted for size and gross margin).
cretech ltd Estimated Valuation
Pomanda estimates the enterprise value of CRETECH LTD at £22.4k based on an EBITDA of £7.7k and a 2.92x industry multiple (adjusted for size and gross margin).
cretech ltd Estimated Valuation
Pomanda estimates the enterprise value of CRETECH LTD at £435.6k based on Net Assets of £204.2k and 2.13x industry multiple (adjusted for liquidity).
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Cretech Ltd Overview
Cretech Ltd is a live company located in bromley, BR1 3QD with a Companies House number of 10744842. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 2017, it's largest shareholder is sophie rattu with a 50% stake. Cretech Ltd is a young, small sized company, Pomanda has estimated its turnover at £719.1k with high growth in recent years.
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Cretech Ltd Health Check
Pomanda's financial health check has awarded Cretech Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £719.1k, make it smaller than the average company (£4.2m)
- Cretech Ltd
£4.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (9.1%)
- Cretech Ltd
9.1% - Industry AVG
Production
with a gross margin of 17.1%, this company has a higher cost of product (37.9%)
- Cretech Ltd
37.9% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (5.6%)
- Cretech Ltd
5.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (25)
2 - Cretech Ltd
25 - Industry AVG
Pay Structure
on an average salary of £50.7k, the company has an equivalent pay structure (£50.7k)
- Cretech Ltd
£50.7k - Industry AVG
Efficiency
resulting in sales per employee of £359.6k, this is more efficient (£156.1k)
- Cretech Ltd
£156.1k - Industry AVG
Debtor Days
it gets paid by customers after 162 days, this is later than average (38 days)
- Cretech Ltd
38 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is slower than average (31 days)
- Cretech Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cretech Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Cretech Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.2%, this is a lower level of debt than the average (60.1%)
36.2% - Cretech Ltd
60.1% - Industry AVG
CRETECH LTD financials
Cretech Ltd's latest turnover from April 2024 is estimated at £719.1 thousand and the company has net assets of £204.2 thousand. According to their latest financial statements, Cretech Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 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 | 2 | 2 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 607 | 1,214 | |||||
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 607 | 1,214 | |||||
| Stock & work in progress | |||||||
| Trade Debtors | 320,085 | 265,657 | 217,066 | 165,070 | 115,665 | 40,922 | 22,866 |
| Group Debtors | |||||||
| Misc Debtors | |||||||
| Cash | |||||||
| misc current assets | |||||||
| total current assets | 320,085 | 265,657 | 217,066 | 165,070 | 115,665 | 40,922 | 22,866 |
| total assets | 320,085 | 265,657 | 217,066 | 165,070 | 115,665 | 41,529 | 24,080 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 60,134 | 67,186 | 42,236 | 30,797 | 39,209 | 26,836 | 16,540 |
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 13,298 | ||||||
| total current liabilities | 73,432 | 67,186 | 42,236 | 30,797 | 39,209 | 26,836 | 16,540 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | 14,850 | 840 | 7,400 | ||||
| other liabilities | 42,424 | ||||||
| provisions | |||||||
| total long term liabilities | 42,424 | 14,850 | 840 | 7,400 | |||
| total liabilities | 115,856 | 67,186 | 42,236 | 30,797 | 54,059 | 27,676 | 23,940 |
| net assets | 204,229 | 198,471 | 174,830 | 134,273 | 61,606 | 13,853 | 140 |
| total shareholders funds | 204,229 | 198,471 | 174,830 | 134,273 | 61,606 | 13,853 | 140 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | 54,428 | 48,591 | 51,996 | 49,405 | 74,743 | 18,056 | 22,866 |
| Creditors | -7,052 | 24,950 | 11,439 | -8,412 | 12,373 | 10,296 | 16,540 |
| Accruals and Deferred Income | 13,298 | -14,850 | 14,010 | -6,560 | 7,400 | ||
| 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 | 42,424 | ||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | |||||||
| overdraft | |||||||
| change in cash |
cretech ltd Credit Report and Business Information
Cretech Ltd Competitor Analysis
Perform a competitor analysis for cretech ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in BR1 area or any other competitors across 12 key performance metrics.
cretech ltd Ownership
CRETECH LTD group structure
Cretech Ltd has no subsidiary companies.
Ultimate parent company
CRETECH LTD
10744842
cretech ltd directors
Cretech Ltd currently has 1 director, Mr Amit Rattu serving since Apr 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Amit Rattu | England | 44 years | Apr 2017 | - | Director |
P&L
April 2024turnover
719.1k
+22%
operating profit
7.7k
0%
gross margin
17.2%
-2.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
204.2k
+0.03%
total assets
320.1k
+0.2%
cash
0
0%
net assets
Total assets minus all liabilities
cretech ltd company details
company number
10744842
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
April 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
36 scotts road, bromley, BR1 3QD
Bank
-
Legal Advisor
-
cretech 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 cretech ltd.
cretech 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 CRETECH LTD. This can take several minutes, an email will notify you when this has completed.
cretech ltd Companies House Filings - See Documents
| date | description | view/download |
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