clear air technology limited

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clear air technology limited Company Information

Share CLEAR AIR TECHNOLOGY LIMITED

Company Number

13029925

Directors

Robert Rowell

Shareholders

robert rowell

Group Structure

View All

Industry

Manufacture of air and spacecraft and related machinery

 

Registered Address

44 spinners hollow, ripponden, halifax, west yorkshire, HX6 4HY

Website

-

clear air technology limited Estimated Valuation

£124.3k

Pomanda estimates the enterprise value of CLEAR AIR TECHNOLOGY LIMITED at £124.3k based on a Turnover of £172.2k and 0.72x industry multiple (adjusted for size and gross margin).

clear air technology limited Estimated Valuation

£429.8k

Pomanda estimates the enterprise value of CLEAR AIR TECHNOLOGY LIMITED at £429.8k based on an EBITDA of £82.7k and a 5.2x industry multiple (adjusted for size and gross margin).

clear air technology limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CLEAR AIR TECHNOLOGY LIMITED at £0 based on Net Assets of £-91.8k and 2.82x industry multiple (adjusted for liquidity).

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Clear Air Technology Limited Overview

Clear Air Technology Limited is a live company located in halifax, HX6 4HY with a Companies House number of 13029925. It operates in the manufacture of air and spacecraft and related machinery sector, SIC Code 30300. Founded in November 2020, it's largest shareholder is robert rowell with a 100% stake. Clear Air Technology Limited is a young, micro sized company, Pomanda has estimated its turnover at £172.2k with unknown growth in recent years.

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Clear Air Technology Limited Health Check

Pomanda's financial health check has awarded Clear Air Technology Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £172.2k, make it smaller than the average company (£7.8m)

£172.2k - Clear Air Technology Limited

£7.8m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Clear Air Technology Limited

- - Industry AVG

production

Production

with a gross margin of 37.9%, this company has a comparable cost of product (37.9%)

37.9% - Clear Air Technology Limited

37.9% - Industry AVG

profitability

Profitability

an operating margin of 48.1% make it more profitable than the average company (20.3%)

48.1% - Clear Air Technology Limited

20.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (108)

1 - Clear Air Technology Limited

108 - Industry AVG

paystructure

Pay Structure

on an average salary of £53.1k, the company has an equivalent pay structure (£53.1k)

£53.1k - Clear Air Technology Limited

£53.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £172.2k, this is equally as efficient (£172.2k)

£172.2k - Clear Air Technology Limited

£172.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Clear Air Technology Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Clear Air Technology Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Clear Air Technology Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 126 weeks, this is more cash available to meet short term requirements (4 weeks)

126 weeks - Clear Air Technology Limited

4 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 237.8%, this is a higher level of debt than the average (91.2%)

237.8% - Clear Air Technology Limited

91.2% - Industry AVG

CLEAR AIR TECHNOLOGY LIMITED financials

EXPORTms excel logo

Clear Air Technology Limited's latest turnover from January 2024 is estimated at £172.2 thousand and the company has net assets of -£91.8 thousand. According to their latest financial statements, Clear Air Technology Limited has 1 employee and maintains cash reserves of £2.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022
Turnover172,197175,735163,786
Other Income Or Grants000
Cost Of Sales106,858110,808105,992
Gross Profit65,33964,92757,794
Admin Expenses-17,395122,800108,340
Operating Profit82,734-57,873-50,546
Interest Payable42,21434,5774,217
Interest Receivable10,6097,0491
Pre-Tax Profit51,129-85,401-54,762
Tax-12,78200
Profit After Tax38,347-85,401-54,762
Dividends Paid000
Retained Profit38,347-85,401-54,762
Employee Costs53,13849,54848,070
Number Of Employees111
EBITDA*82,734-57,873-50,546

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022
Tangible Assets000
Intangible Assets000
Investments & Other57,26839,25763,870
Debtors (Due After 1 year)000
Total Fixed Assets57,26839,25763,870
Stock & work in progress000
Trade Debtors000
Group Debtors000
Misc Debtors7,02123,00025,885
Cash2,327401,838945
misc current assets000
total current assets9,348424,83826,830
total assets66,616464,09590,700
Bank overdraft000
Bank loan000
Trade Creditors 000
Group/Directors Accounts000
other short term finances000
hp & lease commitments000
other current liabilities9551,256525
total current liabilities9551,256525
loans157,477593,002134,937
hp & lease commitments000
Accruals and Deferred Income000
other liabilities000
provisions000
total long term liabilities157,477593,002134,937
total liabilities158,432594,258135,462
net assets-91,816-130,163-44,762
total shareholders funds-91,816-130,163-44,762
Jan 2024Jan 2023Jan 2022
Operating Activities
Operating Profit82,734-57,873-50,546
Depreciation000
Amortisation000
Tax-12,78200
Stock000
Debtors-15,979-2,88525,885
Creditors000
Accruals and Deferred Income-301731525
Deferred Taxes & Provisions000
Cash flow from operations85,630-54,257-75,906
Investing Activities
capital expenditure000
Change in Investments18,011-24,61363,870
cash flow from investments-18,01124,613-63,870
Financing Activities
Bank loans000
Group/Directors Accounts000
Other Short Term Loans 000
Long term loans-435,525458,065134,937
Hire Purchase and Lease Commitments000
other long term liabilities000
share issue0010,000
interest-31,605-27,528-4,216
cash flow from financing-467,130430,537140,721
cash and cash equivalents
cash-399,511400,893945
overdraft000
change in cash-399,511400,893945

clear air technology limited 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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Clear Air Technology Limited Competitor Analysis

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Perform a competitor analysis for clear air technology limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in HX6 area or any other competitors across 12 key performance metrics.

clear air technology limited Ownership

CLEAR AIR TECHNOLOGY LIMITED group structure

Clear Air Technology Limited has no subsidiary companies.

Ultimate parent company

CLEAR AIR TECHNOLOGY LIMITED

13029925

CLEAR AIR TECHNOLOGY LIMITED Shareholders

robert rowell 100%

clear air technology limited directors

Clear Air Technology Limited currently has 1 director, Mr Robert Rowell serving since Nov 2020.

officercountryagestartendrole
Mr Robert Rowell66 years Nov 2020- Director

P&L

January 2024

turnover

172.2k

-2%

operating profit

82.7k

0%

gross margin

38%

+2.7%

turnover

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

Balance Sheet

January 2024

net assets

-91.8k

-0.29%

total assets

66.6k

-0.86%

cash

2.3k

-0.99%

net assets

Total assets minus all liabilities

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clear air technology limited company details

company number

13029925

Type

Private limited with Share Capital

industry

30300 - Manufacture of air and spacecraft and related machinery

incorporation date

November 2020

age

5

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

44 spinners hollow, ripponden, halifax, west yorkshire, HX6 4HY

Bank

-

Legal Advisor

-

clear air technology 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 clear air technology limited.

clear air technology 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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clear air technology limited Companies House Filings - See Documents

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