no oil on the canvas limited
no oil on the canvas limited Company Information
Group Structure
View All
Industry
Licensed clubs
Registered Address
145 new road, west parley, ferndown, BH22 8EB
Website
-no oil on the canvas limited Estimated Valuation
Pomanda estimates the enterprise value of NO OIL ON THE CANVAS LIMITED at £149.5k based on a Turnover of £195.4k and 0.77x industry multiple (adjusted for size and gross margin).
no oil on the canvas limited Estimated Valuation
Pomanda estimates the enterprise value of NO OIL ON THE CANVAS LIMITED at £0 based on an EBITDA of £-50.6k and a 4.25x industry multiple (adjusted for size and gross margin).
no oil on the canvas limited Estimated Valuation
Pomanda estimates the enterprise value of NO OIL ON THE CANVAS LIMITED at £0 based on Net Assets of £-297.1k and 2.82x industry multiple (adjusted for liquidity).
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No Oil On The Canvas Limited Overview
No Oil On The Canvas Limited is a live company located in ferndown, BH22 8EB with a Companies House number of 11551384. It operates in the licenced clubs sector, SIC Code 56301. Founded in September 2018, it's largest shareholder is giles cooper with a 100% stake. No Oil On The Canvas Limited is a young, micro sized company, Pomanda has estimated its turnover at £195.4k with healthy growth in recent years.
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No Oil On The Canvas Limited Health Check
Pomanda's financial health check has awarded No Oil On The Canvas Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £195.4k, make it smaller than the average company (£469.2k)
- No Oil On The Canvas Limited
£469.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.2%)
- No Oil On The Canvas Limited
6.2% - Industry AVG
Production
with a gross margin of 34.5%, this company has a higher cost of product (56.3%)
- No Oil On The Canvas Limited
56.3% - Industry AVG
Profitability
an operating margin of -25.9% make it less profitable than the average company (-1.7%)
- No Oil On The Canvas Limited
-1.7% - Industry AVG
Employees
with 4 employees, this is below the industry average (17)
4 - No Oil On The Canvas Limited
17 - Industry AVG
Pay Structure
on an average salary of £14.2k, the company has an equivalent pay structure (£14.2k)
- No Oil On The Canvas Limited
£14.2k - Industry AVG
Efficiency
resulting in sales per employee of £48.8k, this is equally as efficient (£45.6k)
- No Oil On The Canvas Limited
£45.6k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is later than average (6 days)
- No Oil On The Canvas Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 837 days, this is slower than average (33 days)
- No Oil On The Canvas Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- No Oil On The Canvas Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - No Oil On The Canvas Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 812.3%, this is a higher level of debt than the average (83.9%)
812.3% - No Oil On The Canvas Limited
83.9% - Industry AVG
NO OIL ON THE CANVAS LIMITED financials
No Oil On The Canvas Limited's latest turnover from September 2023 is estimated at £195.4 thousand and the company has net assets of -£297.1 thousand. According to their latest financial statements, No Oil On The Canvas Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 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 | 4 | 6 | 6 | 8 | 12 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 6,439 | 8,585 | 938 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 5,389 | 0 |
| Total Fixed Assets | 6,439 | 8,585 | 938 | 5,389 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 5,144 | 4,396 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 30,129 | 0 | 6,847 | 0 | 7,387 |
| Cash | 0 | 3,941 | 13,631 | 41,025 | 10,441 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 35,273 | 8,337 | 20,478 | 41,025 | 17,828 |
| total assets | 41,712 | 16,922 | 21,416 | 46,414 | 17,828 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 293,818 | 31,804 | 33,071 | 69,771 | 45,868 |
| Group/Directors Accounts | 0 | 131,700 | 31,928 | 13,115 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 61,660 | 14,508 | 12,990 | 29,672 |
| total current liabilities | 293,818 | 225,164 | 79,507 | 95,876 | 75,540 |
| loans | 0 | 36,256 | 46,667 | 50,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 480 | 0 | 0 | 0 | 0 |
| other liabilities | 44,540 | 0 | 43,370 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 45,020 | 36,256 | 90,037 | 50,000 | 0 |
| total liabilities | 338,838 | 261,420 | 169,544 | 145,876 | 75,540 |
| net assets | -297,126 | -244,498 | -148,128 | -99,462 | -57,712 |
| total shareholders funds | -297,126 | -244,498 | -148,128 | -99,462 | -57,712 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 2,861 | 312 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 30,877 | -2,451 | 1,458 | -1,998 | 7,387 |
| Creditors | 262,014 | -1,267 | -36,700 | 23,903 | 45,868 |
| Accruals and Deferred Income | -61,180 | 47,152 | 1,518 | -16,682 | 29,672 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -131,700 | 99,772 | 18,813 | 13,115 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -36,256 | -10,411 | -3,333 | 50,000 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 44,540 | -43,370 | 43,370 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -3,941 | -9,690 | -27,394 | 30,584 | 10,441 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -3,941 | -9,690 | -27,394 | 30,584 | 10,441 |
no oil on the canvas limited Credit Report and Business Information
No Oil On The Canvas Limited Competitor Analysis
Perform a competitor analysis for no oil on the canvas limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in BH22 area or any other competitors across 12 key performance metrics.
no oil on the canvas limited Ownership
NO OIL ON THE CANVAS LIMITED group structure
No Oil On The Canvas Limited has no subsidiary companies.
no oil on the canvas limited directors
No Oil On The Canvas Limited currently has 1 director, Mr Giles Cooper serving since Apr 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Giles Cooper | England | 55 years | Apr 2019 | - | Director |
P&L
September 2023turnover
195.4k
+162%
operating profit
-50.6k
0%
gross margin
34.5%
+45.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-297.1k
+0.22%
total assets
41.7k
+1.46%
cash
0
-1%
net assets
Total assets minus all liabilities
no oil on the canvas limited company details
company number
11551384
Type
Private limited with Share Capital
industry
56301 - Licensed clubs
incorporation date
September 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
145 new road, west parley, ferndown, BH22 8EB
Bank
-
Legal Advisor
-
no oil on the canvas 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 no oil on the canvas limited.
no oil on the canvas 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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no oil on the canvas limited Companies House Filings - See Documents
| date | description | view/download |
|---|
