county holdings (2018) ltd

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county holdings (2018) ltd Company Information

Share COUNTY HOLDINGS (2018) LTD

Company Number

11187429

Shareholders

chetna thakker

hitesh thakker

Group Structure

View All

Industry

Activities of insurance agents and brokers

 +1

Registered Address

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

county holdings (2018) ltd Estimated Valuation

£101.7k

Pomanda estimates the enterprise value of COUNTY HOLDINGS (2018) LTD at £101.7k based on a Turnover of £133.2k and 0.76x industry multiple (adjusted for size and gross margin).

county holdings (2018) ltd Estimated Valuation

£234.3k

Pomanda estimates the enterprise value of COUNTY HOLDINGS (2018) LTD at £234.3k based on an EBITDA of £47.3k and a 4.95x industry multiple (adjusted for size and gross margin).

county holdings (2018) ltd Estimated Valuation

£3.4k

Pomanda estimates the enterprise value of COUNTY HOLDINGS (2018) LTD at £3.4k based on Net Assets of £1.6k and 2.1x 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 chetna thakker with a 50% stake. County Holdings (2018) Ltd is a young, micro sized company, Pomanda has estimated its turnover at £133.2k with healthy 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 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £133.2k, make it smaller than the average company (£3m)

£133.2k - County Holdings (2018) Ltd

£3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (7.5%)

6% - County Holdings (2018) Ltd

7.5% - Industry AVG

production

Production

with a gross margin of 67.2%, this company has a comparable cost of product (67.2%)

67.2% - County Holdings (2018) Ltd

67.2% - Industry AVG

profitability

Profitability

an operating margin of 22% make it more profitable than the average company (13%)

22% - 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 £50k, the company has an equivalent pay structure (£50k)

£50k - County Holdings (2018) Ltd

£50k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £133.2k, this is equally as efficient (£133.2k)

£133.2k - County Holdings (2018) Ltd

£133.2k - 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 1 weeks, this is less cash available to meet short term requirements (29 weeks)

1 weeks - County Holdings (2018) Ltd

29 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (56.9%)

99.9% - County Holdings (2018) Ltd

56.9% - Industry AVG

COUNTY HOLDINGS (2018) LTD financials

EXPORTms excel logo

County Holdings (2018) Ltd's latest turnover from March 2024 is estimated at £133.2 thousand and the company has net assets of £1.6 thousand. According to their latest financial statements, County Holdings (2018) Ltd has 1 employee and maintains cash reserves of £17.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Turnover133,194125,131118,704110,416114,0100
Other Income Or Grants000000
Cost Of Sales43,63540,57840,16641,41842,6510
Gross Profit89,55984,55478,53868,99871,3590
Admin Expenses60,22285,97778,53968,99871,359-3,210
Operating Profit29,337-1,423-1003,210
Interest Payable29,20800000
Interest Receivable468151000
Pre-Tax Profit597-1,4080003,210
Tax-1490000-610
Profit After Tax448-1,4080002,600
Dividends Paid000000
Retained Profit448-1,4080002,600
Employee Costs50,02746,72245,40644,99842,6620
Number Of Employees111110
EBITDA*47,33716,57717,99918,00018,00021,210

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Tangible Assets1,048,41300000
Intangible Assets72,00090,000108,000126,000144,000162,000
Investments & Other107,093105,842107,2501,0001,0001,000
Debtors (Due After 1 year)000000
Total Fixed Assets1,227,506195,842215,250127,000145,000163,000
Stock & work in progress000000
Trade Debtors000000
Group Debtors000000
Misc Debtors51,58851,0000000
Cash17,486355355444
misc current assets000000
total current assets69,07451,355355444
total assets1,296,580247,197215,605127,004145,004163,004
Bank overdraft16,00000000
Bank loan000000
Trade Creditors 000000
Group/Directors Accounts774,682245,001212,001123,400141,40099,400
other short term finances000000
hp & lease commitments000000
other current liabilities1,0001,0001,0001,0001,00061,000
total current liabilities791,682246,001213,001124,400142,400160,400
loans503,25400000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities000000
provisions000000
total long term liabilities503,25400000
total liabilities1,294,936246,001213,001124,400142,400160,400
net assets1,6441,1962,6042,6042,6042,604
total shareholders funds1,6441,1962,6042,6042,6042,604
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Operating Activities
Operating Profit29,337-1,423-1003,210
Depreciation000000
Amortisation18,00018,00018,00018,00018,00018,000
Tax-1490000-610
Stock000000
Debtors58851,0000000
Creditors000000
Accruals and Deferred Income0000-60,00061,000
Deferred Taxes & Provisions000000
Cash flow from operations46,600-34,42317,99918,000-42,00081,600
Investing Activities
capital expenditure-1,048,4130000-180,000
Change in Investments1,251-1,408106,250001,000
cash flow from investments-1,049,6641,408-106,25000-181,000
Financing Activities
Bank loans000000
Group/Directors Accounts529,68133,00088,601-18,00042,00099,400
Other Short Term Loans 000000
Long term loans503,25400000
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue000004
interest-28,740151000
cash flow from financing1,004,19533,01588,602-18,00042,00099,404
cash and cash equivalents
cash17,1310351004
overdraft16,00000000
change in cash1,1310351004

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

chetna thakker 50%
hitesh 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 2024

turnover

133.2k

+6%

operating profit

29.3k

0%

gross margin

67.3%

-0.49%

turnover

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

Balance Sheet

March 2024

net assets

1.6k

+0.37%

total assets

1.3m

+4.25%

cash

17.5k

+48.26%

net assets

Total assets minus all liabilities

county holdings (2018) ltd company details

company number

11187429

Type

Private limited with Share Capital

industry

66220 - Activities of insurance agents and brokers

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

incorporation date

February 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

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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