carters green clinic & business centre ltd
carters green clinic & business centre ltd Company Information
Company Number
11188197
Next Accounts
38 days late
Shareholders
navdeep chahal
dalwinder chahal
Group Structure
View All
Industry
Dispensing chemist in specialised stores
Registered Address
371 high street, west bromwich, west midlands, B70 9QL
Website
-carters green clinic & business centre ltd Estimated Valuation
Pomanda estimates the enterprise value of CARTERS GREEN CLINIC & BUSINESS CENTRE LTD at £374.2k based on a Turnover of £1.1m and 0.33x industry multiple (adjusted for size and gross margin).
carters green clinic & business centre ltd Estimated Valuation
Pomanda estimates the enterprise value of CARTERS GREEN CLINIC & BUSINESS CENTRE LTD at £1.3m based on an EBITDA of £328.9k and a 3.82x industry multiple (adjusted for size and gross margin).
carters green clinic & business centre ltd Estimated Valuation
Pomanda estimates the enterprise value of CARTERS GREEN CLINIC & BUSINESS CENTRE LTD at £2.3m based on Net Assets of £1.1m and 2.09x industry multiple (adjusted for liquidity).
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Carters Green Clinic & Business Centre Ltd Overview
Carters Green Clinic & Business Centre Ltd is a live company located in west midlands, B70 9QL with a Companies House number of 11188197. It operates in the dispensing chemist in specialised stores sector, SIC Code 47730. Founded in February 2018, it's largest shareholder is navdeep chahal with a 50% stake. Carters Green Clinic & Business Centre Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.1m with rapid growth in recent years.
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Carters Green Clinic & Business Centre Ltd Health Check
Pomanda's financial health check has awarded Carters Green Clinic & Business Centre Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
5 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£11.9m)
- Carters Green Clinic & Business Centre Ltd
£11.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 65%, show it is growing at a faster rate (5.8%)
- Carters Green Clinic & Business Centre Ltd
5.8% - Industry AVG
Production
with a gross margin of 32.7%, this company has a comparable cost of product (32.7%)
- Carters Green Clinic & Business Centre Ltd
32.7% - Industry AVG
Profitability
an operating margin of 21.7% make it more profitable than the average company (3.3%)
- Carters Green Clinic & Business Centre Ltd
3.3% - Industry AVG
Employees
with 11 employees, this is below the industry average (76)
11 - Carters Green Clinic & Business Centre Ltd
76 - Industry AVG
Pay Structure
on an average salary of £25.2k, the company has an equivalent pay structure (£25.2k)
- Carters Green Clinic & Business Centre Ltd
£25.2k - Industry AVG
Efficiency
resulting in sales per employee of £102.1k, this is less efficient (£142.6k)
- Carters Green Clinic & Business Centre Ltd
£142.6k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is near the average (30 days)
- Carters Green Clinic & Business Centre Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 94 days, this is slower than average (65 days)
- Carters Green Clinic & Business Centre Ltd
65 days - Industry AVG
Stock Days
it holds stock equivalent to 41 days, this is in line with average (36 days)
- Carters Green Clinic & Business Centre Ltd
36 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (16 weeks)
4 weeks - Carters Green Clinic & Business Centre Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.2%, this is a higher level of debt than the average (56.6%)
72.2% - Carters Green Clinic & Business Centre Ltd
56.6% - Industry AVG
CARTERS GREEN CLINIC & BUSINESS CENTRE LTD financials
Carters Green Clinic & Business Centre Ltd's latest turnover from April 2023 is estimated at £1.1 million and the company has net assets of £1.1 million. According to their latest financial statements, Carters Green Clinic & Business Centre Ltd has 11 employees and maintains cash reserves of £113.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| 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 | 11 | 18 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 262,207 | 256,953 | 3,854 | ||
| Intangible Assets | 706,197 | 788,040 | 106,510 | ||
| Investments & Other | 2,235,249 | 2,126,242 | |||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 3,203,653 | 3,171,235 | 110,364 | ||
| Stock & work in progress | 86,752 | 55,000 | 23,274 | ||
| Trade Debtors | 104,695 | 103,377 | 34,376 | ||
| Group Debtors | 3,050 | ||||
| Misc Debtors | 458,594 | 117,048 | 6,375 | 3,001 | |
| Cash | 113,351 | 82,668 | 151,813 | 156 | 6,222 |
| misc current assets | |||||
| total current assets | 763,392 | 358,093 | 215,838 | 3,206 | 9,223 |
| total assets | 3,967,045 | 3,529,328 | 326,202 | 3,206 | 9,223 |
| Bank overdraft | 168,000 | 141,000 | |||
| Bank loan | |||||
| Trade Creditors | 195,057 | 175,027 | 30,493 | ||
| Group/Directors Accounts | 1,000 | ||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 1,095,415 | 633,273 | 267,001 | 2,431 | 2,951 |
| total current liabilities | 1,458,472 | 949,300 | 297,494 | 3,431 | 2,951 |
| loans | 1,407,341 | 1,539,124 | |||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | 1,407,341 | 1,539,124 | |||
| total liabilities | 2,865,813 | 2,488,424 | 297,494 | 3,431 | 2,951 |
| net assets | 1,101,232 | 1,040,904 | 28,708 | -225 | 6,272 |
| total shareholders funds | 1,101,232 | 1,040,904 | 28,708 | -225 | 6,272 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 3,935 | 3,140 | 95 | ||
| Amortisation | 81,843 | 28,585 | |||
| Tax | |||||
| Stock | 31,752 | 31,726 | 23,274 | ||
| Debtors | 342,864 | 179,674 | 37,701 | 49 | 3,001 |
| Creditors | 20,030 | 144,534 | 30,493 | ||
| Accruals and Deferred Income | 462,142 | 366,272 | 264,570 | -520 | 2,951 |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 109,007 | 2,126,242 | |||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | -1,000 | 1,000 | |||
| Other Short Term Loans | |||||
| Long term loans | -131,783 | 1,539,124 | |||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 30,683 | -69,145 | 151,657 | -6,066 | 6,222 |
| overdraft | 27,000 | 141,000 | |||
| change in cash | 3,683 | -210,145 | 151,657 | -6,066 | 6,222 |
carters green clinic & business centre ltd Credit Report and Business Information
Carters Green Clinic & Business Centre Ltd Competitor Analysis
Perform a competitor analysis for carters green clinic & business centre 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 B70 area or any other competitors across 12 key performance metrics.
carters green clinic & business centre ltd Ownership
CARTERS GREEN CLINIC & BUSINESS CENTRE LTD group structure
Carters Green Clinic & Business Centre Ltd has no subsidiary companies.
Ultimate parent company
CARTERS GREEN CLINIC & BUSINESS CENTRE LTD
11188197
carters green clinic & business centre ltd directors
Carters Green Clinic & Business Centre Ltd currently has 2 directors. The longest serving directors include Mr Dalwinder Chahal (Feb 2018) and Mr Navdeep Chahal (Feb 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dalwinder Chahal | England | 37 years | Feb 2018 | - | Director |
| Mr Navdeep Chahal | United Kingdom | 33 years | Feb 2018 | - | Director |
P&L
April 2023turnover
1.1m
-21%
operating profit
243.1k
0%
gross margin
32.8%
-2.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
1.1m
+0.06%
total assets
4m
+0.12%
cash
113.4k
+0.37%
net assets
Total assets minus all liabilities
carters green clinic & business centre ltd company details
company number
11188197
Type
Private limited with Share Capital
industry
47730 - Dispensing chemist in specialised stores
incorporation date
February 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
DHILON ACCOUNTANTS LIMITED
auditor
-
address
371 high street, west bromwich, west midlands, B70 9QL
Bank
-
Legal Advisor
-
carters green clinic & business centre 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 4 charges/mortgages relating to carters green clinic & business centre ltd. Currently there are 4 open charges and 0 have been satisfied in the past.
carters green clinic & business centre 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.
Click to start generating capital raising & share issue transactions for CARTERS GREEN CLINIC & BUSINESS CENTRE LTD. This can take several minutes, an email will notify you when this has completed.
carters green clinic & business centre ltd Companies House Filings - See Documents
| date | description | view/download |
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