chipping ltd
chipping ltd Company Information
Company Number
10985440
Next Accounts
1281 days late
Industry
Non-specialised wholesale trade
Directors
Shareholders
sandis rikveilis
Group Structure
View All
Contact
Registered Address
118 eastern avenue north, northampton, NN2 7RT
Website
jamesballcars.co.ukchipping ltd Estimated Valuation
Pomanda estimates the enterprise value of CHIPPING LTD at £142.2k based on a Turnover of £501k and 0.28x industry multiple (adjusted for size and gross margin).
chipping ltd Estimated Valuation
Pomanda estimates the enterprise value of CHIPPING LTD at £8.4k based on an EBITDA of £2.5k and a 3.39x industry multiple (adjusted for size and gross margin).
chipping ltd Estimated Valuation
Pomanda estimates the enterprise value of CHIPPING LTD at £5.8k based on Net Assets of £2k and 2.92x industry multiple (adjusted for liquidity).
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Chipping Ltd Overview
Chipping Ltd is a live company located in northampton, NN2 7RT with a Companies House number of 10985440. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in September 2017, it's largest shareholder is sandis rikveilis with a 100% stake. Chipping Ltd is a young, small sized company, Pomanda has estimated its turnover at £501k with unknown growth in recent years.
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Chipping Ltd Health Check
Pomanda's financial health check has awarded Chipping Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £501k, make it smaller than the average company (£12.9m)
- Chipping Ltd
£12.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Chipping Ltd
- - Industry AVG
Production
with a gross margin of 17.9%, this company has a higher cost of product (26.8%)
- Chipping Ltd
26.8% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (4%)
- Chipping Ltd
4% - Industry AVG
Employees
with 1 employees, this is below the industry average (42)
- Chipping Ltd
42 - Industry AVG
Pay Structure
on an average salary of £37k, the company has an equivalent pay structure (£37k)
- Chipping Ltd
£37k - Industry AVG
Efficiency
resulting in sales per employee of £501k, this is more efficient (£317.5k)
- Chipping Ltd
£317.5k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (57 days)
- Chipping Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 87 days, this is slower than average (39 days)
- Chipping Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Chipping Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Chipping Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.8%, this is a higher level of debt than the average (52.5%)
98.8% - Chipping Ltd
52.5% - Industry AVG
CHIPPING LTD financials
Chipping Ltd's latest turnover from September 2019 is estimated at £501 thousand and the company has net assets of £2 thousand. According to their latest financial statements, we estimate that Chipping Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2019 | Sep 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2019 | Sep 2018 | |
|---|---|---|
| Tangible Assets | 17,000 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 1 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 17,000 | 1 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 120,000 | 0 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 0 | 0 |
| misc current assets | 25,000 | 0 |
| total current assets | 145,000 | 0 |
| total assets | 162,000 | 1 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 98,000 | 0 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 98,000 | 0 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 62,000 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 62,000 | 0 |
| total liabilities | 160,000 | 0 |
| net assets | 2,000 | 1 |
| total shareholders funds | 2,000 | 1 |
| Sep 2019 | Sep 2018 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | |
| Amortisation | 0 | |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 120,000 | 0 |
| Creditors | 98,000 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | -1 | 1 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 62,000 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
chipping ltd Credit Report and Business Information
Chipping Ltd Competitor Analysis
Perform a competitor analysis for chipping ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in NN2 area or any other competitors across 12 key performance metrics.
chipping ltd Ownership
CHIPPING LTD group structure
Chipping Ltd has no subsidiary companies.
chipping ltd directors
Chipping Ltd currently has 1 director, Mr Sandis Rikveilis serving since Feb 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sandis Rikveilis | Wales | 52 years | Feb 2020 | - | Director |
P&L
September 2019turnover
501k
0%
operating profit
2.5k
0%
gross margin
18%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2019net assets
2k
+1999%
total assets
162k
+161999%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
chipping ltd company details
company number
10985440
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
September 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2019
previous names
N/A
accountant
-
auditor
-
address
118 eastern avenue north, northampton, NN2 7RT
Bank
-
Legal Advisor
-
chipping 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 chipping ltd.
chipping 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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chipping ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
