chingford fabric care ltd

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chingford fabric care ltd Company Information

Share CHINGFORD FABRIC CARE LTD

Company Number

12401322

Shareholders

tanveer alam

mohammad saleem

Group Structure

View All

Industry

Washing and (dry-)cleaning of textile and fur products

 

Registered Address

147 station road, london, E4 6AG

Website

-

chingford fabric care ltd Estimated Valuation

£54.8k

Pomanda estimates the enterprise value of CHINGFORD FABRIC CARE LTD at £54.8k based on a Turnover of £123.4k and 0.44x industry multiple (adjusted for size and gross margin).

chingford fabric care ltd Estimated Valuation

£33.5k

Pomanda estimates the enterprise value of CHINGFORD FABRIC CARE LTD at £33.5k based on an EBITDA of £13.4k and a 2.5x industry multiple (adjusted for size and gross margin).

chingford fabric care ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of CHINGFORD FABRIC CARE LTD at £0 based on Net Assets of £-9.1k and 2.32x industry multiple (adjusted for liquidity).

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Chingford Fabric Care Ltd Overview

Chingford Fabric Care Ltd is a live company located in london, E4 6AG with a Companies House number of 12401322. It operates in the washing and (dry-)cleaning of textile and fur products sector, SIC Code 96010. Founded in January 2020, it's largest shareholder is tanveer alam with a 75% stake. Chingford Fabric Care Ltd is a young, micro sized company, Pomanda has estimated its turnover at £123.4k with declining growth in recent years.

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Chingford Fabric Care Ltd Health Check

Pomanda's financial health check has awarded Chingford Fabric Care Ltd a 2.5 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 Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £123.4k, make it smaller than the average company (£423.8k)

£123.4k - Chingford Fabric Care Ltd

£423.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (15.5%)

-15% - Chingford Fabric Care Ltd

15.5% - Industry AVG

production

Production

with a gross margin of 29.4%, this company has a higher cost of product (49.5%)

29.4% - Chingford Fabric Care Ltd

49.5% - Industry AVG

profitability

Profitability

an operating margin of 10.9% make it more profitable than the average company (8.8%)

10.9% - Chingford Fabric Care Ltd

8.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (16)

2 - Chingford Fabric Care Ltd

16 - Industry AVG

paystructure

Pay Structure

on an average salary of £28.5k, the company has an equivalent pay structure (£28.5k)

£28.5k - Chingford Fabric Care Ltd

£28.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £61.7k, this is equally as efficient (£61.4k)

£61.7k - Chingford Fabric Care Ltd

£61.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 95 days, this is later than average (47 days)

95 days - Chingford Fabric Care Ltd

47 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 75 days, this is slower than average (32 days)

75 days - Chingford Fabric Care Ltd

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Chingford Fabric Care Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Chingford Fabric Care Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 128%, this is a higher level of debt than the average (56.1%)

128% - Chingford Fabric Care Ltd

56.1% - Industry AVG

CHINGFORD FABRIC CARE LTD financials

EXPORTms excel logo

Chingford Fabric Care Ltd's latest turnover from January 2024 is estimated at £123.4 thousand and the company has net assets of -£9.1 thousand. According to their latest financial statements, Chingford Fabric Care Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021
Turnover123,417211,084200,970
Other Income Or Grants
Cost Of Sales87,144160,939177,201
Gross Profit36,27350,14523,769
Admin Expenses22,84848,5363,03638,833
Operating Profit13,4251,609-3,036-15,064
Interest Payable2,1221,396
Interest Receivable89864
Pre-Tax Profit13,425385-4,368-15,064
Tax-3,356-73
Profit After Tax10,069312-4,368-15,064
Dividends Paid
Retained Profit10,069312-4,368-15,064
Employee Costs56,96175,88293,830
Number Of Employees235
EBITDA*13,4251,609-3,036-15,064

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors32,31045,42345,250
Group Debtors
Misc Debtors
Cash51,322
misc current assets
total current assets32,31045,42351,32245,250
total assets32,31045,42351,32245,250
Bank overdraft
Bank loan
Trade Creditors 17,98230,51610,314
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities26,077
total current liabilities17,98230,51626,07710,314
loans44,676
hp & lease commitments
Accruals and Deferred Income
other liabilities23,37934,02750,000
provisions
total long term liabilities23,37934,02744,67650,000
total liabilities41,36164,54370,75360,314
net assets-9,051-19,120-19,431-15,064
total shareholders funds-9,051-19,120-19,431-15,064
Jan 2024Jan 2023Jan 2022Jan 2021
Operating Activities
Operating Profit13,4251,609-3,036-15,064
Depreciation
Amortisation
Tax-3,356-73
Stock
Debtors-13,11345,423-45,25045,250
Creditors-12,53430,516-10,31410,314
Accruals and Deferred Income-26,07726,077
Deferred Taxes & Provisions
Cash flow from operations10,648-39,44857,977-50,000
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-44,67644,676
Hire Purchase and Lease Commitments
other long term liabilities-10,64834,027-50,00050,000
share issue-11
interest-1,224-1,332
cash flow from financing-10,648-11,874-6,65550,000
cash and cash equivalents
cash-51,32251,322
overdraft
change in cash-51,32251,322

chingford fabric care ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Chingford Fabric Care Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for chingford fabric care ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in E 4 area or any other competitors across 12 key performance metrics.

chingford fabric care ltd Ownership

CHINGFORD FABRIC CARE LTD group structure

Chingford Fabric Care Ltd has no subsidiary companies.

Ultimate parent company

CHINGFORD FABRIC CARE LTD

12401322

CHINGFORD FABRIC CARE LTD Shareholders

tanveer alam 75%
mohammad saleem 25%

chingford fabric care ltd directors

Chingford Fabric Care Ltd currently has 2 directors. The longest serving directors include Mr Tanveer Alam (Feb 2020) and Mr Mohammad Saleem (May 2024).

officercountryagestartendrole
Mr Tanveer AlamEngland52 years Feb 2020- Director
Mr Mohammad SaleemEngland60 years May 2024- Director

P&L

January 2024

turnover

123.4k

-42%

operating profit

13.4k

0%

gross margin

29.4%

+23.72%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2024

net assets

-9.1k

-0.53%

total assets

32.3k

-0.29%

cash

0

0%

net assets

Total assets minus all liabilities

chingford fabric care ltd company details

company number

12401322

Type

Private limited with Share Capital

industry

96010 - Washing and (dry-)cleaning of textile and fur products

incorporation date

January 2020

age

5

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

147 station road, london, E4 6AG

Bank

-

Legal Advisor

-

chingford fabric care ltd 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 chingford fabric care ltd.

chingford fabric care ltd 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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chingford fabric care ltd Companies House Filings - See Documents

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