clockwise group limited
clockwise group limited Company Information
Company Number
11457392
Next Accounts
87 days late
Shareholders
castleforge llp
Group Structure
View All
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Registered Address
greenside house 50 station road, london, N22 7DE
Website
clockwisemediagroup.comclockwise group limited Estimated Valuation
Pomanda estimates the enterprise value of CLOCKWISE GROUP LIMITED at £28m based on a Turnover of £19.6m and 1.43x industry multiple (adjusted for size and gross margin).
clockwise group limited Estimated Valuation
Pomanda estimates the enterprise value of CLOCKWISE GROUP LIMITED at £48.6m based on an EBITDA of £4.7m and a 10.26x industry multiple (adjusted for size and gross margin).
clockwise group limited Estimated Valuation
Pomanda estimates the enterprise value of CLOCKWISE GROUP LIMITED at £1.6m based on Net Assets of £692.9k and 2.3x industry multiple (adjusted for liquidity).
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Clockwise Group Limited Overview
Clockwise Group Limited is a live company located in london, N22 7DE with a Companies House number of 11457392. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in July 2018, it's largest shareholder is castleforge llp with a 100% stake. Clockwise Group Limited is a young, mid sized company, Pomanda has estimated its turnover at £19.6m with rapid growth in recent years.
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Clockwise Group Limited Health Check
Pomanda's financial health check has awarded Clockwise Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
0 Regular
2 Weak
Size
annual sales of £19.6m, make it larger than the average company (£1.7m)
£19.6m - Clockwise Group Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 111%, show it is growing at a faster rate (5.3%)
- Clockwise Group Limited
5.3% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (44.1%)
100% - Clockwise Group Limited
44.1% - Industry AVG
Profitability
an operating margin of 23.9% make it more profitable than the average company (6.2%)
23.9% - Clockwise Group Limited
6.2% - Industry AVG
Employees
with 73 employees, this is above the industry average (17)
73 - Clockwise Group Limited
17 - Industry AVG
Pay Structure
on an average salary of £70.8k, the company has a higher pay structure (£47.4k)
£70.8k - Clockwise Group Limited
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £268.5k, this is more efficient (£112.6k)
£268.5k - Clockwise Group Limited
£112.6k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (57 days)
5 days - Clockwise Group Limited
57 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Clockwise Group Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Clockwise Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 42 weeks, this is more cash available to meet short term requirements (32 weeks)
42 weeks - Clockwise Group Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.6%, this is a higher level of debt than the average (51.9%)
93.6% - Clockwise Group Limited
51.9% - Industry AVG
CLOCKWISE GROUP LIMITED financials
Clockwise Group Limited's latest turnover from March 2023 is £19.6 million and the company has net assets of £692.9 thousand. According to their latest financial statements, Clockwise Group Limited has 73 employees and maintains cash reserves of £8.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Dec 2021 | Dec 2020 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Turnover | 19,603,022 | ||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | 19,603,022 | ||||
| Admin Expenses | 14,921,776 | ||||
| Operating Profit | 4,681,246 | ||||
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | 4,681,246 | ||||
| Tax | -13,185 | ||||
| Profit After Tax | 4,668,061 | ||||
| Dividends Paid | |||||
| Retained Profit | 4,668,061 | ||||
| Employee Costs | 5,168,841 | ||||
| Number Of Employees | 73 | 40 | 29 | 14 | 4 |
| EBITDA* | 4,732,724 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Dec 2021 | Dec 2020 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 59,805 | 3,562 | |||
| Intangible Assets | 26,306 | 25,166 | 27,515 | ||
| Investments & Other | 700 | 700 | 500 | 300 | |
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 86,111 | 25,866 | 28,215 | 4,062 | 300 |
| Stock & work in progress | |||||
| Trade Debtors | 318,363 | 254,284 | 278,421 | 9,857 | 24,000 |
| Group Debtors | 596,313 | 19,397 | |||
| Misc Debtors | 1,640,909 | 51,569 | |||
| Cash | 8,141,480 | 742,421 | 376,280 | 205,681 | 7,932 |
| misc current assets | |||||
| total current assets | 10,697,065 | 996,705 | 654,701 | 234,935 | 83,501 |
| total assets | 10,783,176 | 1,022,571 | 682,916 | 238,997 | 83,801 |
| Bank overdraft | 11 | ||||
| Bank loan | |||||
| Trade Creditors | 434,973 | 61,063 | 68,301 | 93,093 | 1,474 |
| Group/Directors Accounts | 671,844 | 110,438 | 100 | ||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 8,893,468 | 953,807 | 468,569 | 58,387 | 14,413 |
| total current liabilities | 10,000,285 | 1,014,870 | 647,308 | 151,491 | 15,987 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | 90,000 | 232,000 | 248,656 | 250,631 | 90,000 |
| provisions | |||||
| total long term liabilities | 90,000 | 232,000 | 248,656 | 250,631 | 90,000 |
| total liabilities | 10,090,285 | 1,246,870 | 895,964 | 402,122 | 105,987 |
| net assets | 692,891 | -224,299 | -213,048 | -163,125 | -22,186 |
| total shareholders funds | 692,891 | -224,299 | -213,048 | -163,125 | -22,186 |
| Mar 2023 | Dec 2021 | Dec 2020 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 4,681,246 | ||||
| Depreciation | 36,373 | 8,700 | |||
| Amortisation | 15,105 | 11,076 | |||
| Tax | -13,185 | ||||
| Stock | |||||
| Debtors | 2,555,585 | -24,137 | 202,852 | -46,315 | 75,569 |
| Creditors | 434,973 | -7,238 | 66,827 | 91,619 | 1,474 |
| Accruals and Deferred Income | 8,893,468 | 485,238 | 454,156 | 43,974 | 14,413 |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | 11,492,395 | ||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 400 | 200 | 300 | ||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | 671,844 | -110,438 | 110,338 | -100 | 100 |
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | 90,000 | -16,656 | 158,656 | 160,631 | 90,000 |
| share issue | |||||
| interest | |||||
| cash flow from financing | -3,213,326 | ||||
| cash and cash equivalents | |||||
| cash | 8,141,480 | 366,141 | 368,348 | 197,749 | 7,932 |
| overdraft | 11 | ||||
| change in cash | 8,141,480 | 366,141 | 368,348 | 197,738 | 7,932 |
clockwise group limited Credit Report and Business Information
Clockwise Group Limited Competitor Analysis
Perform a competitor analysis for clockwise group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in N22 area or any other competitors across 12 key performance metrics.
clockwise group limited Ownership
CLOCKWISE GROUP LIMITED group structure
Clockwise Group Limited has 11 subsidiary companies.
Ultimate parent company
1 parent
CLOCKWISE GROUP LIMITED
11457392
11 subsidiaries
clockwise group limited directors
Clockwise Group Limited currently has 2 directors. The longest serving directors include Mr James Grabiner (Oct 2021) and Ms Emily Harris (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Grabiner | England | 40 years | Oct 2021 | - | Director |
| Ms Emily Harris | United Kingdom | 33 years | Feb 2023 | - | Director |
P&L
March 2023turnover
19.6m
0%
operating profit
4.7m
0%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
692.9k
0%
total assets
10.8m
0%
cash
8.1m
0%
net assets
Total assets minus all liabilities
clockwise group limited company details
company number
11457392
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
July 2018
age
7
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
CLA EVELYN PARTNERS LIMITED
address
greenside house 50 station road, london, N22 7DE
Bank
-
Legal Advisor
-
clockwise group 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 found 2 charges/mortgages relating to clockwise group limited. Currently there are 2 open charges and 0 have been satisfied in the past.
clockwise group 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.
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clockwise group limited Companies House Filings - See Documents
| date | description | view/download |
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