cnc worx ltd
cnc worx ltd Company Information
Company Number
10790216
Website
https://cncworx.co.ukRegistered Address
71-75 shelton street, london, greater london, WC2H 9JQ
Industry
Machining
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Directors
Jonathan Kempen7 Years
Shareholders
jonathan kempen 100%
cnc worx ltd Estimated Valuation
Pomanda estimates the enterprise value of CNC WORX LTD at £29.1k based on a Turnover of £91.4k and 0.32x industry multiple (adjusted for size and gross margin).
cnc worx ltd Estimated Valuation
Pomanda estimates the enterprise value of CNC WORX LTD at £0 based on an EBITDA of £-2.3k and a 2.74x industry multiple (adjusted for size and gross margin).
cnc worx ltd Estimated Valuation
Pomanda estimates the enterprise value of CNC WORX LTD at £2.8k based on Net Assets of £1.6k and 1.72x industry multiple (adjusted for liquidity).
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Cnc Worx Ltd Overview
Cnc Worx Ltd is a live company located in greater london, WC2H 9JQ with a Companies House number of 10790216. It operates in the machining sector, SIC Code 25620. Founded in May 2017, it's largest shareholder is jonathan kempen with a 100% stake. Cnc Worx Ltd is a young, micro sized company, Pomanda has estimated its turnover at £91.4k with healthy growth in recent years.
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Cnc Worx Ltd Health Check
Pomanda's financial health check has awarded Cnc Worx Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £91.4k, make it smaller than the average company (£9.4m)
- Cnc Worx Ltd
£9.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (2.2%)
- Cnc Worx Ltd
2.2% - Industry AVG
Production
with a gross margin of 18.4%, this company has a higher cost of product (28%)
- Cnc Worx Ltd
28% - Industry AVG
Profitability
an operating margin of -2.5% make it less profitable than the average company (6.5%)
- Cnc Worx Ltd
6.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (70)
2 - Cnc Worx Ltd
70 - Industry AVG
Pay Structure
on an average salary of £41.8k, the company has an equivalent pay structure (£41.8k)
- Cnc Worx Ltd
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £45.7k, this is less efficient (£127.9k)
- Cnc Worx Ltd
£127.9k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is earlier than average (68 days)
- Cnc Worx Ltd
68 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (52 days)
- Cnc Worx Ltd
52 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cnc Worx Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Cnc Worx Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94%, this is a higher level of debt than the average (48.5%)
94% - Cnc Worx Ltd
48.5% - Industry AVG
CNC WORX LTD financials
Cnc Worx Ltd's latest turnover from May 2023 is estimated at £91.4 thousand and the company has net assets of £1.6 thousand. According to their latest financial statements, Cnc Worx Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 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 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 14,363 | 16,083 | 6,347 | 7,933 | 9,916 | 1,887 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 14,363 | 16,083 | 6,347 | 7,933 | 9,916 | 1,887 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 12,949 | 16,809 | 41,063 | 16,502 | 2,074 | 4,859 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 12,949 | 16,809 | 41,063 | 16,502 | 2,074 | 4,859 |
| total assets | 27,312 | 32,892 | 47,410 | 24,435 | 11,990 | 6,746 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,956 | 3,976 | 15,015 | 17,259 | 5,689 | 2,898 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 3,956 | 3,976 | 15,015 | 17,259 | 5,689 | 2,898 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 21,724 | 25,000 | 25,000 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 21,724 | 25,000 | 25,000 | 0 | 0 | 0 |
| total liabilities | 25,680 | 28,976 | 40,015 | 17,259 | 5,689 | 2,898 |
| net assets | 1,632 | 3,916 | 7,395 | 7,176 | 6,301 | 3,848 |
| total shareholders funds | 1,632 | 3,916 | 7,395 | 7,176 | 6,301 | 3,848 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,860 | -24,254 | 24,561 | 14,428 | -2,785 | 4,859 |
| Creditors | -20 | -11,039 | -2,244 | 11,570 | 2,791 | 2,898 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -3,276 | 0 | 25,000 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
cnc worx ltd Credit Report and Business Information
Cnc Worx Ltd Competitor Analysis
Perform a competitor analysis for cnc worx ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in WC2H area or any other competitors across 12 key performance metrics.
cnc worx ltd Ownership
CNC WORX LTD group structure
Cnc Worx Ltd has no subsidiary companies.
Ultimate parent company
CNC WORX LTD
10790216
cnc worx ltd directors
Cnc Worx Ltd currently has 1 director, Mr Jonathan Kempen serving since May 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Kempen | United Kingdom | 35 years | May 2017 | - | Director |
P&L
May 2023turnover
91.4k
+43%
operating profit
-2.3k
0%
gross margin
18.5%
+10.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
1.6k
-0.58%
total assets
27.3k
-0.17%
cash
0
0%
net assets
Total assets minus all liabilities
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cnc worx ltd company details
company number
10790216
Type
Private limited with Share Capital
industry
25620 - Machining
incorporation date
May 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
May 2023
address
71-75 shelton street, london, greater london, WC2H 9JQ
accountant
-
auditor
-
cnc worx 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 cnc worx ltd.
cnc worx ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
