cornerstone collections limited
cornerstone collections limited Company Information
Company Number
11744097
Next Accounts
174 days late
Directors
Shareholders
oluwatoyin aderoju
Group Structure
View All
Industry
Retail sale via mail order houses or via Internet
Registered Address
124 city road, london, EC1V 2NX
Website
-cornerstone collections limited Estimated Valuation
Pomanda estimates the enterprise value of CORNERSTONE COLLECTIONS LIMITED at £61.2k based on a Turnover of £199.8k and 0.31x industry multiple (adjusted for size and gross margin).
cornerstone collections limited Estimated Valuation
Pomanda estimates the enterprise value of CORNERSTONE COLLECTIONS LIMITED at £65.9k based on an EBITDA of £18.1k and a 3.64x industry multiple (adjusted for size and gross margin).
cornerstone collections limited Estimated Valuation
Pomanda estimates the enterprise value of CORNERSTONE COLLECTIONS LIMITED at £0 based on Net Assets of £-18.1k and 2.14x industry multiple (adjusted for liquidity).
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Cornerstone Collections Limited Overview
Cornerstone Collections Limited is a live company located in london, EC1V 2NX with a Companies House number of 11744097. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in December 2018, it's largest shareholder is oluwatoyin aderoju with a 100% stake. Cornerstone Collections Limited is a young, micro sized company, Pomanda has estimated its turnover at £199.8k with low growth in recent years.
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Cornerstone Collections Limited Health Check
Pomanda's financial health check has awarded Cornerstone Collections Limited a 2 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
1 Strong
3 Regular
4 Weak
Size
annual sales of £199.8k, make it smaller than the average company (£836.3k)
- Cornerstone Collections Limited
£836.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (7.3%)
- Cornerstone Collections Limited
7.3% - Industry AVG
Production
with a gross margin of 36.2%, this company has a comparable cost of product (36.2%)
- Cornerstone Collections Limited
36.2% - Industry AVG
Profitability
an operating margin of 9.1% make it more profitable than the average company (3.1%)
- Cornerstone Collections Limited
3.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (8)
1 - Cornerstone Collections Limited
8 - Industry AVG
Pay Structure
on an average salary of £29.6k, the company has an equivalent pay structure (£29.6k)
- Cornerstone Collections Limited
£29.6k - Industry AVG
Efficiency
resulting in sales per employee of £199.8k, this is equally as efficient (£199.8k)
- Cornerstone Collections Limited
£199.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Cornerstone Collections Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Cornerstone Collections Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cornerstone Collections Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Cornerstone Collections Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 301.8%, this is a higher level of debt than the average (71.8%)
301.8% - Cornerstone Collections Limited
71.8% - Industry AVG
CORNERSTONE COLLECTIONS LIMITED financials
Cornerstone Collections Limited's latest turnover from December 2022 is estimated at £199.8 thousand and the company has net assets of -£18.1 thousand. According to their latest financial statements, Cornerstone Collections Limited has 1 employee and maintains cash reserves of £9 thousand 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 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Tangible Assets | ||||
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | ||||
| Stock & work in progress | 6,680 | |||
| Trade Debtors | ||||
| Group Debtors | ||||
| Misc Debtors | ||||
| Cash | 8,983 | 1,726 | 375 | |
| misc current assets | ||||
| total current assets | 8,983 | 8,406 | 375 | |
| total assets | 8,983 | 8,406 | 375 | |
| Bank overdraft | 24 | |||
| Bank loan | ||||
| Trade Creditors | ||||
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 700 | |||
| total current liabilities | 724 | |||
| loans | 27,107 | 30,000 | 30,000 | 6,702 |
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | 27,107 | 30,000 | 30,000 | 6,702 |
| total liabilities | 27,107 | 30,724 | 30,000 | 6,702 |
| net assets | -18,124 | -30,724 | -21,594 | -6,327 |
| total shareholders funds | -18,124 | -30,724 | -21,594 | -6,327 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | -6,680 | 6,680 | ||
| Debtors | ||||
| Creditors | ||||
| Accruals and Deferred Income | -700 | 700 | ||
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | ||||
| Other Short Term Loans | ||||
| Long term loans | -2,893 | 23,298 | 6,702 | |
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 8,983 | -1,726 | 1,351 | 375 |
| overdraft | -24 | 24 | ||
| change in cash | 9,007 | -1,750 | 1,351 | 375 |
cornerstone collections limited Credit Report and Business Information
Cornerstone Collections Limited Competitor Analysis
Perform a competitor analysis for cornerstone collections limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in EC1V area or any other competitors across 12 key performance metrics.
cornerstone collections limited Ownership
CORNERSTONE COLLECTIONS LIMITED group structure
Cornerstone Collections Limited has no subsidiary companies.
Ultimate parent company
CORNERSTONE COLLECTIONS LIMITED
11744097
cornerstone collections limited directors
Cornerstone Collections Limited currently has 1 director, Mrs Oluwatoyin Aderoju serving since Dec 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Oluwatoyin Aderoju | 45 years | Dec 2018 | - | Director |
P&L
December 2022turnover
199.8k
-6%
operating profit
18.1k
0%
gross margin
36.2%
-0.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-18.1k
-0.41%
total assets
9k
0%
cash
9k
0%
net assets
Total assets minus all liabilities
cornerstone collections limited company details
company number
11744097
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
incorporation date
December 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
N/A
accountant
KEYSTRIDE CONSULTING
auditor
-
address
124 city road, london, EC1V 2NX
Bank
-
Legal Advisor
-
cornerstone collections 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 cornerstone collections limited.
cornerstone collections 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.
Click to start generating capital raising & share issue transactions for CORNERSTONE COLLECTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
cornerstone collections limited Companies House Filings - See Documents
| date | description | view/download |
|---|
