character ib ltd

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character ib ltd Company Information

Share CHARACTER IB LTD

Company Number

10951489

Shareholders

character investments ltd

paul driver

Group Structure

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Industry

Activities of insurance agents and brokers

 

Registered Address

winterton house high street, westerham, kent, TN16 1AJ

character ib ltd Estimated Valuation

£159.1k

Pomanda estimates the enterprise value of CHARACTER IB LTD at £159.1k based on a Turnover of £204.3k and 0.78x industry multiple (adjusted for size and gross margin).

character ib ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of CHARACTER IB LTD at £0 based on an EBITDA of £0 and a 4.35x industry multiple (adjusted for size and gross margin).

character ib ltd Estimated Valuation

£17

Pomanda estimates the enterprise value of CHARACTER IB LTD at £17 based on Net Assets of £10 and 1.72x industry multiple (adjusted for liquidity).

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Character Ib Ltd Overview

Character Ib Ltd is a live company located in kent, TN16 1AJ with a Companies House number of 10951489. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in September 2017, it's largest shareholder is character investments ltd with a 90% stake. Character Ib Ltd is a young, micro sized company, Pomanda has estimated its turnover at £204.3k with low growth in recent years.

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Character Ib Ltd Health Check

Pomanda's financial health check has awarded Character Ib Ltd a 1 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

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £204.3k, make it smaller than the average company (£2.3m)

£204.3k - Character Ib Ltd

£2.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (7%)

1% - Character Ib Ltd

7% - Industry AVG

production

Production

with a gross margin of 68.2%, this company has a higher cost of product (96.9%)

68.2% - Character Ib Ltd

96.9% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Character Ib Ltd

- - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (17)

3 - Character Ib Ltd

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £54k, the company has an equivalent pay structure (£54k)

£54k - Character Ib Ltd

£54k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £68.1k, this is less efficient (£120.6k)

£68.1k - Character Ib Ltd

£120.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Character Ib Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 13690 days, this is slower than average (151 days)

13690 days - Character Ib Ltd

151 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Character Ib Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Character Ib Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (55.2%)

100% - Character Ib Ltd

55.2% - Industry AVG

CHARACTER IB LTD financials

EXPORTms excel logo

Character Ib Ltd's latest turnover from March 2024 is estimated at £204.3 thousand and the company has net assets of £10. According to their latest financial statements, Character Ib Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Turnover204,318191,082193,960200,020212,291210,742
Other Income Or Grants
Cost Of Sales64,97661,98170,07380,72982,49788,158
Gross Profit139,342129,102123,887119,291129,793122,583
Admin Expenses139,342129,102123,887119,280129,793122,583-1
Operating Profit111
Interest Payable
Interest Receivable
Pre-Tax Profit111
Tax-2
Profit After Tax91
Dividends Paid
Retained Profit91
Employee Costs162,000145,466145,441149,152138,944132,223
Number Of Employees333333
EBITDA*111

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Tangible Assets2,437,1661,583,0431,557,0811,155,392
Intangible Assets
Investments & Other10101010111
Debtors (Due After 1 year)
Total Fixed Assets2,437,1761,583,0531,557,0911,155,402111
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
total assets2,437,1761,583,0531,557,0911,155,402111
Bank overdraft
Bank loan
Trade Creditors 2,437,1661,583,0431,557,0811,155,392
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities2,437,1661,583,0431,557,0811,155,392
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities2,437,1661,583,0431,557,0811,155,392
net assets10101010111
total shareholders funds10101010111
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Operating Activities
Operating Profit111
Depreciation
Amortisation
Tax-2
Stock
Debtors
Creditors854,12325,962401,6891,155,392
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations854,12325,962401,6891,155,4011
Investing Activities
capital expenditure-854,123-25,962-401,689-1,155,392
Change in Investments91
cash flow from investments-854,123-25,962-401,689-1,155,401-1
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

character ib ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Character Ib Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for character ib ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in TN16 area or any other competitors across 12 key performance metrics.

character ib ltd Ownership

CHARACTER IB LTD group structure

Character Ib Ltd has 4 subsidiary companies.

CHARACTER IB LTD Shareholders

character investments ltd 90%
paul driver 10%

character ib ltd directors

Character Ib Ltd currently has 3 directors. The longest serving directors include Mr Stephen Burrows (Oct 2019) and Mr David Stanley (Oct 2019).

officercountryagestartendrole
Mr Stephen Burrows64 years Oct 2019- Director
Mr David Stanley54 years Oct 2019- Director
Mr Paul DriverUnited Kingdom56 years Oct 2019- Director

P&L

March 2024

turnover

204.3k

+7%

operating profit

0

0%

gross margin

68.2%

+0.94%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

10

0%

total assets

2.4m

+0.54%

cash

0

0%

net assets

Total assets minus all liabilities

character ib ltd company details

company number

10951489

Type

Private limited with Share Capital

industry

66220 - Activities of insurance agents and brokers

incorporation date

September 2017

age

8

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

winterton house high street, westerham, kent, TN16 1AJ

Bank

-

Legal Advisor

-

character ib 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 character ib ltd.

character ib 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.

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character ib ltd Companies House Filings - See Documents

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