Other information technology and computer service activities
Registered Address
1 whittlebury mews west, primrose hill, london, NW1 8HS
Website
-
carmoola group limitedEstimated Valuation
£2.1m
Pomanda estimates the enterprise value of CARMOOLA GROUP LIMITED at £2.1m based on a Turnover of £2.8m and 0.76x industry multiple (adjusted for size and gross margin).
carmoola group limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of CARMOOLA GROUP LIMITED at £0 based on an EBITDA of £-5.3m and a 5.19x industry multiple (adjusted for size and gross margin).
carmoola group limitedEstimated Valuation
£35.1m
Pomanda estimates the enterprise value of CARMOOLA GROUP LIMITED at £35.1m based on Net Assets of £15.6m and 2.25x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Carmoola Group LimitedOverview
Carmoola Group Limited is a live company located in london, NW1 8HS with a Companies House number of 13011635. It operates in the other information technology service activities sector, SIC Code 62090. Founded in November 2020, it's largest shareholder is
qed fund vii lp
with a 19% stake. Carmoola Group Limited is a young,
small sized company, Pomanda has estimated its turnover at
£2.8m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Carmoola Group Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
3 Regular
5 Weak
Size
annual sales of £2.8m, make it smaller than the average company (£6.6m)
£2.8m - Carmoola Group Limited
£6.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Carmoola Group Limited
- - Industry AVG
Production
with a gross margin of 50.9%, this company has a comparable cost of product (50.9%)
50.9% - Carmoola Group Limited
50.9% - Industry AVG
Profitability
an operating margin of -193.1% make it less profitable than the average company (3.4%)
-193.1% - Carmoola Group Limited
3.4% - Industry AVG
Employees
with 27 employees, this is below the industry average (41)
27 - Carmoola Group Limited
41 - Industry AVG
Pay Structure
on an average salary of £76.9k, the company has an equivalent pay structure (£71.6k)
£76.9k - Carmoola Group Limited
£71.6k - Industry AVG
Efficiency
resulting in sales per employee of £102.4k, this is less efficient (£173.6k)
£102.4k - Carmoola Group Limited
£173.6k - Industry AVG
Debtor Days
it gets paid by customers after 952 days, this is later than average (53 days)
952 days - Carmoola Group Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 53 days, this is slower than average (34 days)
53 days - Carmoola Group Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Carmoola Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 391 weeks, this is more cash available to meet short term requirements (15 weeks)
391 weeks - Carmoola Group Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.6%, this is a similar level of debt than the average (63.4%)
67.6% - Carmoola Group Limited
63.4% - Industry AVG
CARMOOLA GROUP LIMITED financials
EXPORT
Carmoola Group Limited's latest turnover from November 2023 is £2.8 million and the company has net assets of £15.6 million. According to their latest financial statements, Carmoola Group Limited has 27 employees and maintains cash reserves of £12.3 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Nov 2021
Turnover
2,765,662
372,271
Other Income Or Grants
Cost Of Sales
1,357,387
179,256
Gross Profit
1,408,275
193,015
Admin Expenses
6,748,506
3,481,467
715,216
Operating Profit
-5,340,231
-3,288,452
-715,216
Interest Payable
2,083,309
473,264
107,750
Interest Receivable
Pre-Tax Profit
-7,423,540
-3,761,716
-822,966
Tax
Profit After Tax
-7,423,540
-3,761,716
-822,966
Dividends Paid
Retained Profit
-7,423,540
-3,761,716
-822,966
Employee Costs
2,077,126
1,139,283
354,386
Number Of Employees
27
17
8
EBITDA*
-5,337,538
-3,285,695
-713,784
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Nov 2021
Tangible Assets
4,604
4,083
2,865
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
27,662,638
9,549,913
Total Fixed Assets
27,667,242
9,553,996
2,865
Stock & work in progress
Trade Debtors
7,215,940
2,151,623
Group Debtors
Misc Debtors
938,399
342,321
6,120
Cash
12,285,438
9,723,235
1,891,359
misc current assets
total current assets
20,439,777
12,217,179
1,897,479
total assets
48,107,019
21,771,175
1,900,344
Bank overdraft
Bank loan
Trade Creditors
198,590
253,826
23,512
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
1,433,515
570,107
84,851
total current liabilities
1,632,105
823,933
108,363
loans
30,897,000
11,040,138
hp & lease commitments
Accruals and Deferred Income
other liabilities
100,000
provisions
total long term liabilities
30,897,000
11,040,138
100,000
total liabilities
32,529,105
11,864,071
208,363
net assets
15,577,914
9,907,104
1,691,981
total shareholders funds
15,577,914
9,907,104
1,691,981
Nov 2023
Nov 2022
Nov 2021
Operating Activities
Operating Profit
-5,340,231
-3,288,452
-715,216
Depreciation
2,693
2,757
1,432
Amortisation
Tax
Stock
Debtors
23,773,120
12,037,737
6,120
Creditors
-55,236
230,314
23,512
Accruals and Deferred Income
863,408
485,256
84,851
Deferred Taxes & Provisions
Cash flow from operations
-28,302,486
-14,607,862
-611,541
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
19,856,862
11,040,138
Hire Purchase and Lease Commitments
other long term liabilities
-100,000
100,000
share issue
13,094,350
11,976,839
2,514,947
interest
-2,083,309
-473,264
-107,750
cash flow from financing
30,867,903
22,443,713
2,507,197
cash and cash equivalents
cash
2,562,203
7,831,876
1,891,359
overdraft
change in cash
2,562,203
7,831,876
1,891,359
carmoola group 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 carmoola group limited. Get real-time insights into carmoola group limited's credit score, group structure and payment trends.
Perform a competitor analysis for carmoola group limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in NW1 area or any other competitors across 12 key performance metrics.
carmoola group limited Ownership
CARMOOLA GROUP LIMITED group structure
Carmoola Group Limited has 3 subsidiary companies.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023
net assets
15.6m
+0.57%
total assets
48.1m
+1.21%
cash
12.3m
+0.26%
net assets
Total assets minus all liabilities
Similar Companies
Similar companies unavailable for this selection
carmoola group limited company details
company number
13011635
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
November 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
UHY HACKER YOUNG MANCHESTER LLP
address
1 whittlebury mews west, primrose hill, london, NW1 8HS
Bank
-
Legal Advisor
-
carmoola group 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 carmoola group limited.
carmoola group 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 CARMOOLA GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
carmoola group limitedCompanies House Filings - See Documents
