creative ironworks limited
creative ironworks limited Company Information
Company Number
11066183
Next Accounts
Aug 2025
Industry
Casting of iron
Directors
Shareholders
paul bass
Group Structure
View All
Contact
Registered Address
20 holdenhurst, washford farm, ashford, TN23 5UT
Website
creative-ironworks.co.ukcreative ironworks limited Estimated Valuation
Pomanda estimates the enterprise value of CREATIVE IRONWORKS LIMITED at £49.5k based on a Turnover of £150.7k and 0.33x industry multiple (adjusted for size and gross margin).
creative ironworks limited Estimated Valuation
Pomanda estimates the enterprise value of CREATIVE IRONWORKS LIMITED at £0 based on an EBITDA of £-21.4k and a 2.67x industry multiple (adjusted for size and gross margin).
creative ironworks limited Estimated Valuation
Pomanda estimates the enterprise value of CREATIVE IRONWORKS LIMITED at £0 based on Net Assets of £-55.4k and 1.26x industry multiple (adjusted for liquidity).
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Creative Ironworks Limited Overview
Creative Ironworks Limited is a live company located in ashford, TN23 5UT with a Companies House number of 11066183. It operates in the casting of iron sector, SIC Code 24510. Founded in November 2017, it's largest shareholder is paul bass with a 100% stake. Creative Ironworks Limited is a young, micro sized company, Pomanda has estimated its turnover at £150.7k with rapid growth in recent years.
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Creative Ironworks Limited Health Check
Pomanda's financial health check has awarded Creative Ironworks Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £150.7k, make it smaller than the average company (£26.4m)
- Creative Ironworks Limited
£26.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (10.7%)
- Creative Ironworks Limited
10.7% - Industry AVG
Production
with a gross margin of 14.5%, this company has a comparable cost of product (14.5%)
- Creative Ironworks Limited
14.5% - Industry AVG
Profitability
an operating margin of -17% make it less profitable than the average company (4.2%)
- Creative Ironworks Limited
4.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (175)
2 - Creative Ironworks Limited
175 - Industry AVG
Pay Structure
on an average salary of £40.7k, the company has an equivalent pay structure (£40.7k)
- Creative Ironworks Limited
£40.7k - Industry AVG
Efficiency
resulting in sales per employee of £75.4k, this is less efficient (£156.7k)
- Creative Ironworks Limited
£156.7k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is earlier than average (68 days)
- Creative Ironworks Limited
68 days - Industry AVG
Creditor Days
its suppliers are paid after 70 days, this is slower than average (55 days)
- Creative Ironworks Limited
55 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (56 days)
- Creative Ironworks Limited
56 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (15 weeks)
1 weeks - Creative Ironworks Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 231.4%, this is a higher level of debt than the average (48.3%)
231.4% - Creative Ironworks Limited
48.3% - Industry AVG
CREATIVE IRONWORKS LIMITED financials
Creative Ironworks Limited's latest turnover from November 2023 is estimated at £150.7 thousand and the company has net assets of -£55.4 thousand. According to their latest financial statements, Creative Ironworks Limited has 2 employees and maintains cash reserves of £1.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 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 | 10 | 5 | 1 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 14,234 | 15,473 | 18,097 | 24,129 | 8,435 | 11,246 |
| 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 | 14,234 | 15,473 | 18,097 | 24,129 | 8,435 | 11,246 |
| Stock & work in progress | 1,000 | 1,500 | 1,500 | 1,500 | 1,500 | 7,500 |
| Trade Debtors | 20,758 | 12,384 | 12,407 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 4,524 | 17,848 | 33,664 | 238 | 0 | 0 |
| Cash | 1,628 | 0 | 0 | 70,197 | 38,710 | 6,931 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 27,910 | 31,732 | 47,571 | 71,935 | 40,210 | 14,431 |
| total assets | 42,144 | 47,205 | 65,668 | 96,064 | 48,645 | 25,677 |
| Bank overdraft | 7,450 | 38,075 | 20,691 | 3,104 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 25,000 | 0 | 2,733 | 0 | 0 | 0 |
| Group/Directors Accounts | 39,740 | 1,336 | 0 | 18,438 | 9,527 | 20,921 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,966 | 5,877 | 9,924 | 5,900 | 22,038 | 500 |
| total current liabilities | 76,156 | 45,288 | 33,348 | 27,442 | 31,565 | 21,421 |
| loans | 21,384 | 26,521 | 28,184 | 34,146 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 21,384 | 26,521 | 28,184 | 34,146 | 0 | 0 |
| total liabilities | 97,540 | 71,809 | 61,532 | 61,588 | 31,565 | 21,421 |
| net assets | -55,396 | -24,604 | 4,136 | 34,476 | 17,080 | 4,256 |
| total shareholders funds | -55,396 | -24,604 | 4,136 | 34,476 | 17,080 | 4,256 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 4,168 | 4,524 | 6,032 | 3,296 | 2,811 | 3,749 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | -500 | 0 | 0 | 0 | -6,000 | 7,500 |
| Debtors | -4,950 | -15,839 | 45,833 | 238 | 0 | 0 |
| Creditors | 25,000 | -2,733 | 2,733 | 0 | 0 | 0 |
| Accruals and Deferred Income | -1,911 | -4,047 | 4,024 | -16,138 | 21,538 | 500 |
| 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 | 38,404 | 1,336 | -18,438 | 8,911 | -11,394 | 20,921 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -5,137 | -1,663 | -5,962 | 34,146 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 1,628 | 0 | -70,197 | 31,487 | 31,779 | 6,931 |
| overdraft | -30,625 | 17,384 | 17,587 | 3,104 | 0 | 0 |
| change in cash | 32,253 | -17,384 | -87,784 | 28,383 | 31,779 | 6,931 |
creative ironworks limited Credit Report and Business Information
Creative Ironworks Limited Competitor Analysis
Perform a competitor analysis for creative ironworks limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in TN23 area or any other competitors across 12 key performance metrics.
creative ironworks limited Ownership
CREATIVE IRONWORKS LIMITED group structure
Creative Ironworks Limited has no subsidiary companies.
Ultimate parent company
CREATIVE IRONWORKS LIMITED
11066183
creative ironworks limited directors
Creative Ironworks Limited currently has 1 director, Mr Paul Baas serving since Nov 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Baas | United Kingdom | 45 years | Nov 2017 | - | Director |
P&L
November 2023turnover
150.7k
-70%
operating profit
-25.6k
0%
gross margin
14.6%
-8.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
-55.4k
+1.25%
total assets
42.1k
-0.11%
cash
1.6k
0%
net assets
Total assets minus all liabilities
creative ironworks limited company details
company number
11066183
Type
Private limited with Share Capital
industry
24510 - Casting of iron
incorporation date
November 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
HIGHSPEC CONSULTANCY LIMITED
auditor
-
address
20 holdenhurst, washford farm, ashford, TN23 5UT
Bank
-
Legal Advisor
-
creative ironworks limited 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 creative ironworks limited.
creative ironworks limited 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 CREATIVE IRONWORKS LIMITED. This can take several minutes, an email will notify you when this has completed.
creative ironworks limited Companies House Filings - See Documents
| date | description | view/download |
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