cornwall works ltd
cornwall works ltd Company Information
Company Number
10916386
Next Accounts
1406 days late
Directors
Shareholders
george johnston
Group Structure
View All
Industry
Development of building projects
Registered Address
menzies llp, 4th floor, 95 gresham street, london, EC2V 7AB
Website
-cornwall works ltd Estimated Valuation
Pomanda estimates the enterprise value of CORNWALL WORKS LTD at £619.9k based on a Turnover of £1.8m and 0.34x industry multiple (adjusted for size and gross margin).
cornwall works ltd Estimated Valuation
Pomanda estimates the enterprise value of CORNWALL WORKS LTD at £0 based on an EBITDA of £-384.1k and a 2.71x industry multiple (adjusted for size and gross margin).
cornwall works ltd Estimated Valuation
Pomanda estimates the enterprise value of CORNWALL WORKS LTD at £0 based on Net Assets of £-655.9k and 1.41x industry multiple (adjusted for liquidity).
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Cornwall Works Ltd Overview
Cornwall Works Ltd is a live company located in london, EC2V 7AB with a Companies House number of 10916386. It operates in the development of building projects sector, SIC Code 41100. Founded in August 2017, it's largest shareholder is george johnston with a 100% stake. Cornwall Works Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.8m with unknown growth in recent years.
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Cornwall Works Ltd Health Check
Pomanda's financial health check has awarded Cornwall Works Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
6 Weak
Size
annual sales of £1.8m, make it in line with the average company (£1.6m)
- Cornwall Works Ltd
£1.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Cornwall Works Ltd
- - Industry AVG
Production
with a gross margin of 10.4%, this company has a higher cost of product (27.9%)
- Cornwall Works Ltd
27.9% - Industry AVG
Profitability
an operating margin of -21.3% make it less profitable than the average company (11.2%)
- Cornwall Works Ltd
11.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Cornwall Works Ltd
6 - Industry AVG
Pay Structure
on an average salary of £42.5k, the company has an equivalent pay structure (£42.5k)
- Cornwall Works Ltd
£42.5k - Industry AVG
Efficiency
resulting in sales per employee of £903.2k, this is more efficient (£259.8k)
- Cornwall Works Ltd
£259.8k - Industry AVG
Debtor Days
it gets paid by customers after 180 days, this is later than average (28 days)
- Cornwall Works Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (31 days)
- Cornwall Works Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cornwall Works Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Cornwall Works Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 142.8%, this is a higher level of debt than the average (72.6%)
142.8% - Cornwall Works Ltd
72.6% - Industry AVG
CORNWALL WORKS LTD financials
Cornwall Works Ltd's latest turnover from August 2019 is estimated at £1.8 million and the company has net assets of -£655.9 thousand. According to their latest financial statements, Cornwall Works Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2019 | Aug 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 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2019 | Aug 2018 | |
|---|---|---|
| Tangible Assets | ||
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | ||
| Stock & work in progress | ||
| Trade Debtors | 893,858 | 252,640 |
| Group Debtors | ||
| Misc Debtors | 640,322 | 165,298 |
| Cash | ||
| misc current assets | ||
| total current assets | 1,534,180 | 417,938 |
| total assets | 1,534,180 | 417,938 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 54,404 | 150,550 |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | ||
| total current liabilities | 54,404 | 150,550 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | 2,008,381 | 539,114 |
| other liabilities | 127,252 | |
| provisions | ||
| total long term liabilities | 2,135,633 | 539,114 |
| total liabilities | 2,190,037 | 689,664 |
| net assets | -655,857 | -271,726 |
| total shareholders funds | -655,857 | -271,726 |
| Aug 2019 | Aug 2018 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | 1,116,242 | 417,938 |
| Creditors | -96,146 | 150,550 |
| Accruals and Deferred Income | 1,469,267 | 539,114 |
| 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 | 127,252 | |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | ||
| overdraft | ||
| change in cash |
cornwall works ltd Credit Report and Business Information
Cornwall Works Ltd Competitor Analysis
Perform a competitor analysis for cornwall works ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in EC2V area or any other competitors across 12 key performance metrics.
cornwall works ltd Ownership
CORNWALL WORKS LTD group structure
Cornwall Works Ltd has no subsidiary companies.
Ultimate parent company
CORNWALL WORKS LTD
10916386
cornwall works ltd directors
Cornwall Works Ltd currently has 1 director, Mr George Johnston serving since Aug 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr George Johnston | United Kingdom | 47 years | Aug 2017 | - | Director |
P&L
August 2019turnover
1.8m
+144%
operating profit
-384.1k
0%
gross margin
10.5%
-1.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2019net assets
-655.9k
+1.41%
total assets
1.5m
+2.67%
cash
0
0%
net assets
Total assets minus all liabilities
cornwall works ltd company details
company number
10916386
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
August 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2019
previous names
N/A
accountant
-
auditor
-
address
menzies llp, 4th floor, 95 gresham street, london, EC2V 7AB
Bank
-
Legal Advisor
-
cornwall works 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 5 charges/mortgages relating to cornwall works ltd. Currently there are 5 open charges and 0 have been satisfied in the past.
cornwall works 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 CORNWALL WORKS LTD. This can take several minutes, an email will notify you when this has completed.
cornwall works ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
