Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
foulshaw lane, kendal, cumbria, LA8 8ET
Website
-
cannons holdings limitedEstimated Valuation
£53.6k
Pomanda estimates the enterprise value of CANNONS HOLDINGS LIMITED at £53.6k based on a Turnover of £50.3k and 1.07x industry multiple (adjusted for size and gross margin).
cannons holdings limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of CANNONS HOLDINGS LIMITED at £0 based on an EBITDA of £-5.5k and a 4.45x industry multiple (adjusted for size and gross margin).
cannons holdings limitedEstimated Valuation
£870.7k
Pomanda estimates the enterprise value of CANNONS HOLDINGS LIMITED at £870.7k based on Net Assets of £667.2k and 1.31x industry multiple (adjusted for liquidity).
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Cannons Holdings LimitedOverview
Cannons Holdings Limited is a live company located in cumbria, LA8 8ET with a Companies House number of 12098717. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in July 2019, it's largest shareholder is
terence cannon
with a 66.7% stake. Cannons Holdings Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£50.3k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Cannons Holdings 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
Health Rating2out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £50.3k, make it smaller than the average company (£19.4m)
£50.3k - Cannons Holdings Limited
£19.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Cannons Holdings Limited
- - Industry AVG
Production
with a gross margin of 34.9%, this company has a comparable cost of product (34.9%)
34.9% - Cannons Holdings Limited
34.9% - Industry AVG
Profitability
an operating margin of -10.9% make it less profitable than the average company (4.5%)
-10.9% - Cannons Holdings Limited
4.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (106)
1 - Cannons Holdings Limited
106 - Industry AVG
Pay Structure
on an average salary of £45.1k, the company has an equivalent pay structure (£45.1k)
£45.1k - Cannons Holdings Limited
£45.1k - Industry AVG
Efficiency
resulting in sales per employee of £50.3k, this is less efficient (£193.5k)
£50.3k - Cannons Holdings Limited
£193.5k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is later than average (44 days)
57 days - Cannons Holdings Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (43 days)
62 days - Cannons Holdings Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Cannons Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (13 weeks)
4 weeks - Cannons Holdings Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.9%, this is a lower level of debt than the average (68.3%)
19.9% - Cannons Holdings Limited
68.3% - Industry AVG
CANNONS HOLDINGS LIMITED financials
EXPORT
Cannons Holdings Limited's latest turnover from May 2024 is estimated at £50.3 thousand and the company has net assets of £667.2 thousand. According to their latest financial statements, we estimate that Cannons Holdings Limited has 1 employee and maintains cash reserves of £13.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
Turnover
50,329
562,166
178,231
Other Income Or Grants
Cost Of Sales
32,759
366,335
116,142
Gross Profit
17,569
195,831
62,089
Admin Expenses
23,044
-196,864
36,121
-6,655
-376
Operating Profit
-5,475
392,695
25,968
6,655
376
Interest Payable
Interest Receivable
874
559
108
11
3
Pre-Tax Profit
-4,601
393,255
26,075
6,667
379
Tax
-98,314
-4,954
-1,267
-72
Profit After Tax
-4,601
294,941
21,121
5,400
307
Dividends Paid
Retained Profit
-4,601
294,941
21,121
5,400
307
Employee Costs
45,085
169,059
79,081
Number Of Employees
1
4
2
EBITDA*
-5,475
392,695
25,968
6,655
376
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
Tangible Assets
461,316
461,316
120,115
Intangible Assets
Investments & Other
350,000
350,000
350,000
350,000
350,000
Debtors (Due After 1 year)
Total Fixed Assets
811,316
811,316
470,115
350,000
350,000
Stock & work in progress
Trade Debtors
7,907
70,460
23,168
Group Debtors
5,000
Misc Debtors
Cash
13,388
19,892
4,971
16,550
5,993
misc current assets
total current assets
21,295
90,352
28,139
21,550
5,993
total assets
832,611
901,668
498,254
371,550
355,993
Bank overdraft
Bank loan
Trade Creditors
5,621
Group/Directors Accounts
146,837
218,602
115,783
other short term finances
hp & lease commitments
other current liabilities
10,716
11,297
5,643
15,843
5,686
total current liabilities
163,174
229,899
121,426
15,843
5,686
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
2,269
total long term liabilities
2,269
total liabilities
165,443
229,899
121,426
15,843
5,686
net assets
667,168
671,769
376,828
355,707
350,307
total shareholders funds
667,168
671,769
376,828
355,707
350,307
May 2024
May 2023
May 2022
May 2021
May 2020
Operating Activities
Operating Profit
-5,475
392,695
25,968
6,655
376
Depreciation
Amortisation
Tax
-98,314
-4,954
-1,267
-72
Stock
Debtors
-62,553
47,292
18,168
5,000
Creditors
5,621
Accruals and Deferred Income
-581
5,654
-10,200
10,157
5,686
Deferred Taxes & Provisions
2,269
Cash flow from operations
64,387
252,743
-7,354
10,545
5,990
Investing Activities
capital expenditure
-341,201
-120,115
Change in Investments
350,000
cash flow from investments
-341,201
-120,115
-350,000
Financing Activities
Bank loans
Group/Directors Accounts
-71,765
102,819
115,783
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
350,000
interest
874
559
108
11
3
cash flow from financing
-70,891
103,378
115,891
11
350,003
cash and cash equivalents
cash
-6,504
14,921
-11,579
10,557
5,993
overdraft
change in cash
-6,504
14,921
-11,579
10,557
5,993
cannons holdings 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 cannons holdings limited. Get real-time insights into cannons holdings limited's credit score, group structure and payment trends.
Perform a competitor analysis for cannons holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in LA8 area or any other competitors across 12 key performance metrics.
cannons holdings limited Ownership
CANNONS HOLDINGS LIMITED group structure
Cannons Holdings Limited has no subsidiary companies.
Ultimate parent company
CANNONS HOLDINGS LIMITED
12098717
CANNONS HOLDINGS LIMITED Shareholders
The largest shareholders in Cannons Holdings Limited include Terence Cannon and Bobby Joe Cannon.
terence cannon
66.67%
bobby joe cannon
33.33%
cannons holdings limited directors
Cannons Holdings Limited currently has 2 directors.
The longest serving directors include
Mr Bobby Cannon (Jul 2019) and
Mr Terence Cannon (Jul 2019).
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
July 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
MHA
auditor
-
address
foulshaw lane, kendal, cumbria, LA8 8ET
Bank
-
Legal Advisor
-
cannons holdings 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 1 charges/mortgages relating to cannons holdings limited. Currently there are 1 open charges and 0 have been satisfied in the past.
cannons holdings 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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cannons holdings limitedCompanies House Filings - See Documents
