medway volunteer workshop c.i.c.
medway volunteer workshop c.i.c. Company Information
Company Number
11629971
Next Accounts
99 days late
Industry
Repair of household appliances and home and garden equipment
Shareholders
-
Group Structure
View All
Contact
Registered Address
the pippins, 21, ryegrass close, chatham, ME5 8JY
Website
-medway volunteer workshop c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of MEDWAY VOLUNTEER WORKSHOP C.I.C. at £25.6k based on a Turnover of £57.4k and 0.45x industry multiple (adjusted for size and gross margin).
medway volunteer workshop c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of MEDWAY VOLUNTEER WORKSHOP C.I.C. at £0 based on an EBITDA of £-1.7k and a 3.67x industry multiple (adjusted for size and gross margin).
medway volunteer workshop c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of MEDWAY VOLUNTEER WORKSHOP C.I.C. at £11.4k based on Net Assets of £7.6k and 1.49x industry multiple (adjusted for liquidity).
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Medway Volunteer Workshop C.i.c. Overview
Medway Volunteer Workshop C.i.c. is a converted/closed company that was located in chatham, ME5 8JY with a Companies House number of 11629971. It operated in the repair of household appliances and home and garden equipment sector, SIC Code 95220. Founded in October 2018, it's largest shareholder was unknown. The last turnover for Medway Volunteer Workshop C.i.c. was estimated at £57.4k.
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Medway Volunteer Workshop C.i.c. Health Check
Pomanda's financial health check has awarded Medway Volunteer Workshop C.I.C. a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £57.4k, make it smaller than the average company (£318.2k)
- Medway Volunteer Workshop C.i.c.
£318.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (8.6%)
- Medway Volunteer Workshop C.i.c.
8.6% - Industry AVG
Production
with a gross margin of 18.4%, this company has a comparable cost of product (22.8%)
- Medway Volunteer Workshop C.i.c.
22.8% - Industry AVG
Profitability
an operating margin of -3% make it less profitable than the average company (5.2%)
- Medway Volunteer Workshop C.i.c.
5.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (16)
- Medway Volunteer Workshop C.i.c.
16 - Industry AVG
Pay Structure
on an average salary of £31k, the company has an equivalent pay structure (£31k)
- Medway Volunteer Workshop C.i.c.
£31k - Industry AVG
Efficiency
resulting in sales per employee of £57.4k, this is less efficient (£173.8k)
- Medway Volunteer Workshop C.i.c.
£173.8k - Industry AVG
Debtor Days
it gets paid by customers after 109 days, this is later than average (44 days)
- Medway Volunteer Workshop C.i.c.
44 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Medway Volunteer Workshop C.i.c.
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Medway Volunteer Workshop C.i.c.
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Medway Volunteer Workshop C.i.c.
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.4%, this is a similar level of debt than the average (61.9%)
56.4% - Medway Volunteer Workshop C.i.c.
61.9% - Industry AVG
MEDWAY VOLUNTEER WORKSHOP C.I.C. financials
Medway Volunteer Workshop C.I.C.'s latest turnover from December 2022 is estimated at £57.4 thousand and the company has net assets of £7.6 thousand. According to their latest financial statements, we estimate that Medway Volunteer Workshop C.I.C. has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 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 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 17,201 | 20,297 | 11,356 | 9,964 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 270 | 70 | 70 | 70 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 17,471 | 20,367 | 11,426 | 10,034 |
| total assets | 17,471 | 20,367 | 11,426 | 10,034 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 1,754 | 293 | 3,745 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 1,754 | 293 | 3,745 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 9,850 | 9,260 | 9,260 | 5,668 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 9,850 | 9,260 | 9,260 | 5,668 |
| total liabilities | 9,850 | 11,014 | 9,553 | 9,413 |
| net assets | 7,621 | 9,353 | 1,873 | 621 |
| total shareholders funds | 7,621 | 9,353 | 1,873 | 621 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -2,896 | 8,941 | 1,392 | 10,034 |
| Creditors | -1,754 | 1,461 | -3,452 | 3,745 |
| Accruals and Deferred Income | 590 | 0 | 3,592 | 5,668 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
medway volunteer workshop c.i.c. Credit Report and Business Information
Medway Volunteer Workshop C.i.c. Competitor Analysis
Perform a competitor analysis for medway volunteer workshop c.i.c. by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in ME5 area or any other competitors across 12 key performance metrics.
medway volunteer workshop c.i.c. Ownership
MEDWAY VOLUNTEER WORKSHOP C.I.C. group structure
Medway Volunteer Workshop C.I.C. has no subsidiary companies.
Ultimate parent company
MEDWAY VOLUNTEER WORKSHOP C.I.C.
11629971
medway volunteer workshop c.i.c. directors
Medway Volunteer Workshop C.I.C. currently has 5 directors. The longest serving directors include Mr Paul Markland (Oct 2018) and Mr Barry Tipping (Oct 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Markland | 73 years | Oct 2018 | - | Director | |
| Mr Barry Tipping | 62 years | Oct 2018 | - | Director | |
| Mr Trevor Cox | 81 years | Oct 2018 | - | Director | |
| Mrs Hilary Cox | United Kingdom | 78 years | Oct 2018 | - | Director |
| Mrs Gloria Opara | 59 years | Oct 2018 | - | Director |
P&L
December 2022turnover
57.4k
+69%
operating profit
-1.7k
0%
gross margin
18.5%
-2.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
7.6k
-0.19%
total assets
17.5k
-0.14%
cash
0
0%
net assets
Total assets minus all liabilities
medway volunteer workshop c.i.c. company details
company number
11629971
Type
Private Ltd By Guarantee w/o Share Cap
industry
95220 - Repair of household appliances and home and garden equipment
incorporation date
October 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2022
previous names
medway volunteer workshop (June 2021)
accountant
-
auditor
-
address
the pippins, 21, ryegrass close, chatham, ME5 8JY
Bank
-
Legal Advisor
-
medway volunteer workshop c.i.c. 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 medway volunteer workshop c.i.c..
medway volunteer workshop c.i.c. 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 MEDWAY VOLUNTEER WORKSHOP C.I.C.. This can take several minutes, an email will notify you when this has completed.
medway volunteer workshop c.i.c. Companies House Filings - See Documents
| date | description | view/download |
|---|
