carbon re ltd
carbon re ltd Company Information
Company Number
12942593
Website
-Registered Address
treviot house 186-192 high road, ilford, essex, IG1 1LR
Industry
Business and domestic software development
Telephone
-
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
sherif elsayed-ali 17.7%
general partner of ucl technology fund 2 lp 12.4%
View Allcarbon re ltd Estimated Valuation
Pomanda estimates the enterprise value of CARBON RE LTD at £2m based on a Turnover of £2.4m and 0.85x industry multiple (adjusted for size and gross margin).
carbon re ltd Estimated Valuation
Pomanda estimates the enterprise value of CARBON RE LTD at £0 based on an EBITDA of £-935.5k and a 5.66x industry multiple (adjusted for size and gross margin).
carbon re ltd Estimated Valuation
Pomanda estimates the enterprise value of CARBON RE LTD at £4.2m based on Net Assets of £1.8m and 2.37x industry multiple (adjusted for liquidity).
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Carbon Re Ltd Overview
Carbon Re Ltd is a live company located in essex, IG1 1LR with a Companies House number of 12942593. It operates in the business and domestic software development sector, SIC Code 62012. Founded in October 2020, it's largest shareholder is sherif elsayed-ali with a 17.7% stake. Carbon Re Ltd is a startup, small sized company, Pomanda has estimated its turnover at £2.4m with rapid growth in recent years.
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Carbon Re Ltd Health Check
Pomanda's financial health check has awarded Carbon Re Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
3 Weak
Size
annual sales of £2.4m, make it in line with the average company (£2.7m)
- Carbon Re Ltd
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 91%, show it is growing at a faster rate (10.5%)
- Carbon Re Ltd
10.5% - Industry AVG
Production
with a gross margin of 72.5%, this company has a comparable cost of product (72.5%)
- Carbon Re Ltd
72.5% - Industry AVG
Profitability
an operating margin of -52.9% make it less profitable than the average company (4.5%)
- Carbon Re Ltd
4.5% - Industry AVG
Employees
with 25 employees, this is similar to the industry average (25)
25 - Carbon Re Ltd
25 - Industry AVG
Pay Structure
on an average salary of £65.4k, the company has an equivalent pay structure (£65.4k)
- Carbon Re Ltd
£65.4k - Industry AVG
Efficiency
resulting in sales per employee of £94.8k, this is less efficient (£114k)
- Carbon Re Ltd
£114k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Carbon Re Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (39 days)
- Carbon Re Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Carbon Re Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 93 weeks, this is more cash available to meet short term requirements (20 weeks)
93 weeks - Carbon Re Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.6%, this is a lower level of debt than the average (57.3%)
7.6% - Carbon Re Ltd
57.3% - Industry AVG
CARBON RE LTD financials
Carbon Re Ltd's latest turnover from March 2024 is estimated at £2.4 million and the company has net assets of £1.8 million. According to their latest financial statements, Carbon Re Ltd has 25 employees and maintains cash reserves of £262.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Oct 2021 | |
|---|---|---|---|---|
| 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 | 25 | 14 | 9 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Oct 2021 | |
|---|---|---|---|---|
| Tangible Assets | 50,087 | 78,261 | 7,905 | 8,377 |
| Intangible Assets | 1,165,524 | 43,479 | 2,125 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,215,611 | 121,740 | 10,030 | 8,377 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 442,910 | 299,870 | 75,835 | 25,404 |
| Cash | 262,158 | 2,635,833 | 449,782 | 729,429 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 705,068 | 2,935,703 | 525,617 | 754,833 |
| total assets | 1,920,679 | 3,057,443 | 535,647 | 763,210 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 23,101 | 39,233 | 270 | 19,697 |
| Group/Directors Accounts | 0 | 0 | 53,233 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 122,408 | 62,210 | 7,235 | 54,237 |
| total current liabilities | 145,509 | 101,443 | 60,738 | 73,934 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 145,509 | 101,443 | 60,738 | 73,934 |
| net assets | 1,775,170 | 2,956,000 | 474,909 | 689,276 |
| total shareholders funds | 1,775,170 | 2,956,000 | 474,909 | 689,276 |
| Mar 2024 | Mar 2023 | Mar 2022 | Oct 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 33,371 | 15,576 | 1,212 | 374 |
| Amortisation | 284,360 | 1,986 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 143,040 | 224,035 | 50,431 | 25,404 |
| Creditors | -16,132 | 38,963 | -19,427 | 19,697 |
| Accruals and Deferred Income | 60,198 | 54,975 | -47,002 | 54,237 |
| 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 | -53,233 | 53,233 | 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 | -2,373,675 | 2,186,051 | -279,647 | 729,429 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -2,373,675 | 2,186,051 | -279,647 | 729,429 |
carbon re ltd Credit Report and Business Information
Carbon Re Ltd Competitor Analysis
Perform a competitor analysis for carbon re ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in IG1 area or any other competitors across 12 key performance metrics.
carbon re ltd Ownership
CARBON RE LTD group structure
Carbon Re Ltd has no subsidiary companies.
Ultimate parent company
CARBON RE LTD
12942593
carbon re ltd directors
Carbon Re Ltd currently has 6 directors. The longest serving directors include Ms Elizabeth Price (Oct 2020) and Dr Stephen Price (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Elizabeth Price | United Kingdom | 44 years | Oct 2020 | - | Director |
| Dr Stephen Price | England | 53 years | Oct 2021 | - | Director |
| Jan Gras | Germany | 47 years | Sep 2022 | - | Director |
| Mr Aidan O'Sullivan | United Kingdom | 41 years | Sep 2023 | - | Director |
| Mr Michael Laven | United Kingdom | 76 years | Sep 2023 | - | Director |
| Mr Josh Vernon | United Kingdom | 27 years | Feb 2024 | - | Director |
P&L
March 2024turnover
2.4m
+85%
operating profit
-1.3m
0%
gross margin
72.5%
+1.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.8m
-0.4%
total assets
1.9m
-0.37%
cash
262.2k
-0.9%
net assets
Total assets minus all liabilities
Similar Companies
carbon re ltd company details
company number
12942593
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
October 2020
age
4
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2024
address
treviot house 186-192 high road, ilford, essex, IG1 1LR
accountant
DAVIS GRANT LIMITED
auditor
-
carbon re 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 carbon re ltd.
carbon re ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
