Pomanda estimates the enterprise value of CHERISH BLESSING LIMITED at £7k based on a Turnover of £30.6k and 0.23x industry multiple (adjusted for size and gross margin).
cherish blessing limitedEstimated Valuation
£8.7k
Pomanda estimates the enterprise value of CHERISH BLESSING LIMITED at £8.7k based on an EBITDA of £3.3k and a 2.61x industry multiple (adjusted for size and gross margin).
cherish blessing limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of CHERISH BLESSING LIMITED at £0 based on Net Assets of £-81 and 2.03x industry multiple (adjusted for liquidity).
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Cherish Blessing LimitedOverview
Cherish Blessing Limited is a live company located in birmingham, B20 3LZ with a Companies House number of 13083784. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in December 2020, it's largest shareholder is
fuxiang zhang
with a 100% stake. Cherish Blessing Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£30.6k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Cherish Blessing 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
1 Regular
6 Weak
Size
annual sales of £30.6k, make it smaller than the average company (£488.9k)
£30.6k - Cherish Blessing Limited
£488.9k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Cherish Blessing Limited
- - Industry AVG
Production
with a gross margin of 19.1%, this company has a higher cost of product (35.9%)
19.1% - Cherish Blessing Limited
35.9% - Industry AVG
Profitability
an operating margin of 10.9% make it more profitable than the average company (2%)
10.9% - Cherish Blessing Limited
2% - Industry AVG
Employees
with 1 employees, this is below the industry average (7)
1 - Cherish Blessing Limited
7 - Industry AVG
Pay Structure
on an average salary of £31.3k, the company has an equivalent pay structure (£31.3k)
£31.3k - Cherish Blessing Limited
£31.3k - Industry AVG
Efficiency
resulting in sales per employee of £30.6k, this is less efficient (£186.4k)
£30.6k - Cherish Blessing Limited
£186.4k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is later than average (19 days)
38 days - Cherish Blessing Limited
19 days - Industry AVG
Creditor Days
its suppliers are paid after 49 days, this is slower than average (32 days)
49 days - Cherish Blessing Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Cherish Blessing Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Cherish Blessing Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.5%, this is a higher level of debt than the average (73.1%)
102.5% - Cherish Blessing Limited
73.1% - Industry AVG
CHERISH BLESSING LIMITED financials
EXPORT
Cherish Blessing Limited's latest turnover from December 2023 is estimated at £30.6 thousand and the company has net assets of -£81. According to their latest financial statements, Cherish Blessing Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Turnover
30,600
26,378
14,234
Other Income Or Grants
Cost Of Sales
24,743
21,151
11,101
Gross Profit
5,858
5,227
3,133
Admin Expenses
2,529
-43
9,980
Operating Profit
3,329
5,270
-6,847
Interest Payable
Interest Receivable
Pre-Tax Profit
3,329
5,270
-6,847
Tax
-832
-1,001
Profit After Tax
2,497
4,269
-6,847
Dividends Paid
Retained Profit
2,497
4,269
-6,847
Employee Costs
31,287
29,643
29,596
Number Of Employees
1
1
1
EBITDA*
3,329
5,270
-6,847
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
3,255
630
784
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
3,255
630
784
total assets
3,255
630
784
Bank overdraft
Bank loan
Trade Creditors
3,336
3,208
7,631
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
3,336
3,208
7,631
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
3,336
3,208
7,631
net assets
-81
-2,578
-6,847
total shareholders funds
-81
-2,578
-6,847
Dec 2023
Dec 2022
Dec 2021
Operating Activities
Operating Profit
3,329
5,270
-6,847
Depreciation
Amortisation
Tax
-832
-1,001
Stock
Debtors
2,625
-154
784
Creditors
128
-4,423
7,631
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
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
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash
cherish blessing 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 cherish blessing limited. Get real-time insights into cherish blessing limited's credit score, group structure and payment trends.
Perform a competitor analysis for cherish blessing limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in B20 area or any other competitors across 12 key performance metrics.
cherish blessing limited Ownership
CHERISH BLESSING LIMITED group structure
Cherish Blessing Limited has no subsidiary companies.
Ultimate parent company
CHERISH BLESSING LIMITED
13083784
CHERISH BLESSING LIMITED Shareholders
The sole shareholder of Cherish Blessing Limited is Fuxiang Zhang.
fuxiang zhang
100%
cherish blessing limited directors
Cherish Blessing Limited currently has 1 director, Fuxiang Zhang serving since Dec 2020.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
-81
-0.97%
total assets
3.3k
+4.17%
cash
0
0%
net assets
Total assets minus all liabilities
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Similar companies unavailable for this selection
cherish blessing limited company details
company number
13083784
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
incorporation date
December 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
1 calthorpe road, handsworth, birmingham, B20 3LZ
Bank
-
Legal Advisor
-
cherish blessing 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 cherish blessing limited.
cherish blessing 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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cherish blessing limitedCompanies House Filings - See Documents
