county holdings (2018) ltd

county holdings (2018) ltd Company Information

Share COUNTY HOLDINGS (2018) LTD
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Company Number

11187429

Industry

Other business support service activities n.e.c.

 

Activities of insurance agents and brokers

 

Shareholders

hitesh thakker

chetna thakker

Group Structure

View All

Contact

Registered Address

20b selsdon road, south croydon, surrey, CR2 6PA

county holdings (2018) ltd Estimated Valuation

£102.3k

Pomanda estimates the enterprise value of COUNTY HOLDINGS (2018) LTD at £102.3k based on a Turnover of £125k and 0.82x industry multiple (adjusted for size and gross margin).

county holdings (2018) ltd Estimated Valuation

£87.3k

Pomanda estimates the enterprise value of COUNTY HOLDINGS (2018) LTD at £87.3k based on an EBITDA of £16.6k and a 5.27x industry multiple (adjusted for size and gross margin).

county holdings (2018) ltd Estimated Valuation

£2.5k

Pomanda estimates the enterprise value of COUNTY HOLDINGS (2018) LTD at £2.5k based on Net Assets of £1.2k and 2.09x industry multiple (adjusted for liquidity).

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County Holdings (2018) Ltd Overview

County Holdings (2018) Ltd is a live company located in surrey, CR2 6PA with a Companies House number of 11187429. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in February 2018, it's largest shareholder is hitesh thakker with a 50% stake. County Holdings (2018) Ltd is a young, micro sized company, Pomanda has estimated its turnover at £125k with low growth in recent years.

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County Holdings (2018) Ltd Health Check

Pomanda's financial health check has awarded County Holdings (2018) Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £125k, make it smaller than the average company (£2.9m)

£125k - County Holdings (2018) Ltd

£2.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (4.6%)

3% - County Holdings (2018) Ltd

4.6% - Industry AVG

production

Production

with a gross margin of 67.7%, this company has a comparable cost of product (67.7%)

67.7% - County Holdings (2018) Ltd

67.7% - Industry AVG

profitability

Profitability

an operating margin of -1.1% make it less profitable than the average company (13%)

-1.1% - County Holdings (2018) Ltd

13% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (19)

1 - County Holdings (2018) Ltd

19 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.8k, the company has an equivalent pay structure (£46.8k)

£46.8k - County Holdings (2018) Ltd

£46.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £125k, this is equally as efficient (£125k)

£125k - County Holdings (2018) Ltd

£125k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - County Holdings (2018) Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - County Holdings (2018) Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - County Holdings (2018) Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (32 weeks)

0 weeks - County Holdings (2018) Ltd

32 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.5%, this is a higher level of debt than the average (60.3%)

99.5% - County Holdings (2018) Ltd

60.3% - Industry AVG

COUNTY HOLDINGS (2018) LTD financials

EXPORTms excel logo

County Holdings (2018) Ltd's latest turnover from March 2023 is estimated at £125 thousand and the company has net assets of £1.2 thousand. According to their latest financial statements, County Holdings (2018) Ltd has 1 employee and maintains cash reserves of £355 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Turnover125,013118,646110,442113,9920
Other Income Or Grants00000
Cost Of Sales40,32540,08841,38042,6450
Gross Profit84,68878,55869,06271,3470
Admin Expenses86,11178,55969,06271,347-3,210
Operating Profit-1,423-1003,210
Interest Payable00000
Interest Receivable151000
Pre-Tax Profit-1,4080003,210
Tax0000-610
Profit After Tax-1,4080002,600
Dividends Paid00000
Retained Profit-1,4080002,600
Employee Costs46,79345,41244,85042,6970
Number Of Employees11110
EBITDA*16,57717,99918,00018,00021,210

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Tangible Assets00000
Intangible Assets90,000108,000126,000144,000162,000
Investments & Other105,842107,2501,0001,0001,000
Debtors (Due After 1 year)00000
Total Fixed Assets195,842215,250127,000145,000163,000
Stock & work in progress00000
Trade Debtors00000
Group Debtors00000
Misc Debtors51,0000000
Cash355355444
misc current assets00000
total current assets51,355355444
total assets247,197215,605127,004145,004163,004
Bank overdraft00000
Bank loan00000
Trade Creditors 00000
Group/Directors Accounts245,001212,001123,400141,40099,400
other short term finances00000
hp & lease commitments00000
other current liabilities1,0001,0001,0001,00061,000
total current liabilities246,001213,001124,400142,400160,400
loans00000
hp & lease commitments00000
Accruals and Deferred Income00000
other liabilities00000
provisions00000
total long term liabilities00000
total liabilities246,001213,001124,400142,400160,400
net assets1,1962,6042,6042,6042,604
total shareholders funds1,1962,6042,6042,6042,604
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Operating Activities
Operating Profit-1,423-1003,210
Depreciation00000
Amortisation18,00018,00018,00018,00018,000
Tax0000-610
Stock00000
Debtors51,0000000
Creditors00000
Accruals and Deferred Income000-60,00061,000
Deferred Taxes & Provisions00000
Cash flow from operations-34,42317,99918,000-42,00081,600
Investing Activities
capital expenditure0000-180,000
Change in Investments-1,408106,250001,000
cash flow from investments1,408-106,25000-181,000
Financing Activities
Bank loans00000
Group/Directors Accounts33,00088,601-18,00042,00099,400
Other Short Term Loans 00000
Long term loans00000
Hire Purchase and Lease Commitments00000
other long term liabilities00000
share issue00004
interest151000
cash flow from financing33,01588,602-18,00042,00099,404
cash and cash equivalents
cash0351004
overdraft00000
change in cash0351004

county holdings (2018) 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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County Holdings (2018) Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for county holdings (2018) ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in CR2 area or any other competitors across 12 key performance metrics.

county holdings (2018) ltd Ownership

COUNTY HOLDINGS (2018) LTD group structure

County Holdings (2018) Ltd has 1 subsidiary company.

Ultimate parent company

COUNTY HOLDINGS (2018) LTD

11187429

1 subsidiary

COUNTY HOLDINGS (2018) LTD Shareholders

hitesh thakker 50%
chetna thakker 50%

county holdings (2018) ltd directors

County Holdings (2018) Ltd currently has 1 director, Mr Hitesh Thakker serving since Feb 2018.

officercountryagestartendrole
Mr Hitesh ThakkerEngland65 years Feb 2018- Director

P&L

March 2023

turnover

125k

+5%

operating profit

-1.4k

0%

gross margin

67.8%

+2.31%

turnover

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

Balance Sheet

March 2023

net assets

1.2k

-0.54%

total assets

247.2k

+0.15%

cash

355

0%

net assets

Total assets minus all liabilities

county holdings (2018) ltd company details

company number

11187429

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

66220 - Activities of insurance agents and brokers

incorporation date

February 2018

age

6

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2023

previous names

N/A

accountant

-

auditor

-

address

20b selsdon road, south croydon, surrey, CR2 6PA

Bank

-

Legal Advisor

-

county holdings (2018) 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 2 charges/mortgages relating to county holdings (2018) ltd. Currently there are 2 open charges and 0 have been satisfied in the past.

county holdings (2018) 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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county holdings (2018) ltd Companies House Filings - See Documents

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