charles river (hitchin) limitedEstimated Valuation
£116.4k
Pomanda estimates the enterprise value of CHARLES RIVER (HITCHIN) LIMITED at £116.4k based on a Turnover of £353.9k and 0.33x industry multiple (adjusted for size and gross margin).
charles river (hitchin) limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of CHARLES RIVER (HITCHIN) LIMITED at £0 based on an EBITDA of £-4.7k and a 2.35x industry multiple (adjusted for size and gross margin).
charles river (hitchin) limitedEstimated Valuation
£93.6k
Pomanda estimates the enterprise value of CHARLES RIVER (HITCHIN) LIMITED at £93.6k based on Net Assets of £30.6k and 3.06x industry multiple (adjusted for liquidity).
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Charles River (hitchin) LimitedOverview
Charles River (hitchin) Limited is a live company located in herts, SG5 1NQ with a Companies House number of 11815611. It operates in the retail sale of meat and meat products in specialised stores sector, SIC Code 47220. Founded in February 2019, it's largest shareholder is
curtis trust limited
with a 50% stake. Charles River (hitchin) Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£353.9k with
high
growth in recent years.
Pomanda's financial health check has awarded Charles River (Hitchin) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £353.9k, make it smaller than the average company (£1.2m)
£353.9k - Charles River (hitchin) Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (6.6%)
17% - Charles River (hitchin) Limited
6.6% - Industry AVG
Production
with a gross margin of 14.7%, this company has a higher cost of product (21.1%)
14.7% - Charles River (hitchin) Limited
21.1% - Industry AVG
Profitability
an operating margin of -1.3% make it less profitable than the average company (4.1%)
-1.3% - Charles River (hitchin) Limited
4.1% - Industry AVG
Employees
with 5 employees, this is below the industry average (8)
5 - Charles River (hitchin) Limited
8 - Industry AVG
Pay Structure
on an average salary of £23.8k, the company has an equivalent pay structure (£23.8k)
£23.8k - Charles River (hitchin) Limited
£23.8k - Industry AVG
Efficiency
resulting in sales per employee of £70.8k, this is less efficient (£140.1k)
£70.8k - Charles River (hitchin) Limited
£140.1k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is later than average (19 days)
53 days - Charles River (hitchin) Limited
19 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is slower than average (26 days)
31 days - Charles River (hitchin) Limited
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Charles River (hitchin) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Charles River (hitchin) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.1%, this is a lower level of debt than the average (61.9%)
46.1% - Charles River (hitchin) Limited
61.9% - Industry AVG
CHARLES RIVER (HITCHIN) LIMITED financials
EXPORT
Charles River (Hitchin) Limited's latest turnover from February 2024 is estimated at £353.9 thousand and the company has net assets of £30.6 thousand. According to their latest financial statements, Charles River (Hitchin) Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Turnover
353,945
441,144
221,679
221,410
105,519
Other Income Or Grants
Cost Of Sales
301,957
379,769
194,395
191,718
89,906
Gross Profit
51,987
61,374
27,285
29,692
15,613
Admin Expenses
56,735
76,608
47,740
-47,099
6,828
Operating Profit
-4,748
-15,234
-20,455
76,791
8,785
Interest Payable
53
69
65
36
Interest Receivable
1,364
444
65
77
Pre-Tax Profit
-4,748
-13,923
-20,080
76,791
8,826
Tax
-14,590
-1,677
Profit After Tax
-4,748
-13,923
-20,080
62,201
7,149
Dividends Paid
Retained Profit
-4,748
-13,923
-20,080
62,201
7,149
Employee Costs
119,215
129,364
176,512
178,741
76,445
Number Of Employees
5
6
8
8
3
EBITDA*
-4,748
-13,978
-19,505
77,741
9,581
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Tangible Assets
4,730
1,203
1,104
2,054
3,004
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
4,730
1,203
1,104
2,054
3,004
Stock & work in progress
6,279
7,338
6,826
Trade Debtors
52,058
66,054
Group Debtors
Misc Debtors
10,925
18,392
18,547
Cash
68,224
109,430
20,613
misc current assets
total current assets
52,058
66,054
85,428
135,160
45,986
total assets
56,788
67,257
86,532
137,214
48,990
Bank overdraft
Bank loan
Trade Creditors
26,189
31,910
7,122
3,869
2,994
Group/Directors Accounts
18,488
37,692
30,456
other short term finances
1,065
1,065
1,065
hp & lease commitments
other current liabilities
10,277
24,748
6,655
total current liabilities
26,189
31,910
36,952
67,374
41,170
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
210
390
571
total long term liabilities
210
390
571
total liabilities
26,189
31,910
37,162
67,764
41,741
net assets
30,599
35,347
49,370
69,450
7,249
total shareholders funds
30,599
35,347
49,370
69,450
7,249
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Operating Activities
Operating Profit
-4,748
-15,234
-20,455
76,791
8,785
Depreciation
1,256
950
950
796
Amortisation
Tax
-14,590
-1,677
Stock
-6,279
-1,059
512
6,826
Debtors
-13,996
55,129
-7,467
-155
18,547
Creditors
-5,721
24,788
3,253
875
2,994
Accruals and Deferred Income
-10,277
-14,471
18,093
6,655
Deferred Taxes & Provisions
-210
-180
-181
571
Cash flow from operations
3,527
-48,527
-22,377
81,581
-7,249
Investing Activities
capital expenditure
-3,527
-1,355
-3,800
Change in Investments
cash flow from investments
-3,527
-1,355
-3,800
Financing Activities
Bank loans
Group/Directors Accounts
-18,488
-19,204
7,236
30,456
Other Short Term Loans
-1,065
1,065
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-100
100
interest
1,311
375
41
cash flow from financing
-18,342
-18,829
7,236
31,662
cash and cash equivalents
cash
-68,224
-41,206
88,817
20,613
overdraft
change in cash
-68,224
-41,206
88,817
20,613
charles river (hitchin) limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for charles river (hitchin) limited. Get real-time insights into charles river (hitchin) limited's credit score, group structure and payment trends.
Charles River (hitchin) Limited Competitor Analysis
Perform a competitor analysis for charles river (hitchin) 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 SG5 area or any other competitors across 12 key performance metrics.
charles river (hitchin) limited Ownership
CHARLES RIVER (HITCHIN) LIMITED group structure
Charles River (Hitchin) Limited has no subsidiary companies.
Ultimate parent company
CHARLES RIVER (HITCHIN) LIMITED
11815611
CHARLES RIVER (HITCHIN) LIMITED Shareholders
The largest shareholders in Charles River (Hitchin) Limited include Curtis Trust Limited and Woburn Country Foods Limited.
curtis trust limited
50%
woburn country foods limited
50%
charles river (hitchin) limited directors
Charles River (Hitchin) Limited currently has 4 directors.
The longest serving directors include
Mr Edward Davies (Feb 2019) and
Mr Jeremy Hill (Feb 2019).
47220 - Retail sale of meat and meat products in specialised stores
incorporation date
February 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
AD VALOREM ACCOUNTANCY SERVIVES LIMITED
auditor
-
address
first floor 99 bancroft, hitchin, herts, SG5 1NQ
Bank
-
Legal Advisor
-
charles river (hitchin) 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 charles river (hitchin) limited.
charles river (hitchin) 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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charles river (hitchin) limitedCompanies House Filings - See Documents
