chelmsford ventures ltd
chelmsford ventures ltd Company Information
Company Number
13423479
Website
-Registered Address
unit 4, c/o map accounting limit, the technology park, london, NW9 6BX
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Directors
Martin Fried1 Years
Shareholders
martin fried 100%
chelmsford ventures ltd Estimated Valuation
Pomanda estimates the enterprise value of CHELMSFORD VENTURES LTD at £698.7k based on a Turnover of £296.4k and 2.36x industry multiple (adjusted for size and gross margin).
chelmsford ventures ltd Estimated Valuation
Pomanda estimates the enterprise value of CHELMSFORD VENTURES LTD at £917.3k based on an EBITDA of £158.2k and a 5.8x industry multiple (adjusted for size and gross margin).
chelmsford ventures ltd Estimated Valuation
Pomanda estimates the enterprise value of CHELMSFORD VENTURES LTD at £0 based on Net Assets of £-13k and 1.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Chelmsford Ventures Ltd Overview
Chelmsford Ventures Ltd is a live company located in london, NW9 6BX with a Companies House number of 13423479. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in May 2021, it's largest shareholder is martin fried with a 100% stake. Chelmsford Ventures Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £296.4k with unknown growth in recent years.
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Chelmsford Ventures Ltd Health Check
Pomanda's financial health check has awarded Chelmsford Ventures Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £296.4k, make it smaller than the average company (£884k)
- Chelmsford Ventures Ltd
£884k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Chelmsford Ventures Ltd
- - Industry AVG
Production
with a gross margin of 69.2%, this company has a comparable cost of product (69.2%)
- Chelmsford Ventures Ltd
69.2% - Industry AVG
Profitability
an operating margin of 53.4% make it more profitable than the average company (30.4%)
- Chelmsford Ventures Ltd
30.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- Chelmsford Ventures Ltd
4 - Industry AVG
Pay Structure
on an average salary of £36.9k, the company has an equivalent pay structure (£36.9k)
- Chelmsford Ventures Ltd
£36.9k - Industry AVG
Efficiency
resulting in sales per employee of £148.2k, this is less efficient (£192.2k)
- Chelmsford Ventures Ltd
£192.2k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is near the average (26 days)
- Chelmsford Ventures Ltd
26 days - Industry AVG
Creditor Days
its suppliers are paid after 335 days, this is slower than average (30 days)
- Chelmsford Ventures Ltd
30 days - Industry AVG
Stock Days
it holds stock equivalent to 3617 days, this is more than average (386 days)
- Chelmsford Ventures Ltd
386 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 49 weeks, this is more cash available to meet short term requirements (8 weeks)
49 weeks - Chelmsford Ventures Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.9%, this is a higher level of debt than the average (64.1%)
100.9% - Chelmsford Ventures Ltd
64.1% - Industry AVG
CHELMSFORD VENTURES LTD financials
Chelmsford Ventures Ltd's latest turnover from May 2023 is estimated at £296.4 thousand and the company has net assets of -£13 thousand. According to their latest financial statements, we estimate that Chelmsford Ventures Ltd has 2 employees and maintains cash reserves of £87.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | |
|---|---|---|
| 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 500,000 | 500,000 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 500,000 | 500,000 |
| Stock & work in progress | 904,789 | 1,738,705 |
| Trade Debtors | 21,450 | 450 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 13,275 | 74,854 |
| Cash | 87,468 | 141,813 |
| misc current assets | 225 | 28,697 |
| total current assets | 1,027,207 | 1,984,519 |
| total assets | 1,527,207 | 2,484,519 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 83,933 | 85,196 |
| Group/Directors Accounts | 2,245 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 5,996 | 9,120 |
| total current liabilities | 92,174 | 94,316 |
| loans | 1,048,031 | 2,005,500 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 400,000 | 400,000 |
| provisions | 0 | 0 |
| total long term liabilities | 1,448,031 | 2,405,500 |
| total liabilities | 1,540,205 | 2,499,816 |
| net assets | -12,998 | -15,297 |
| total shareholders funds | -12,998 | -15,297 |
| May 2023 | May 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | -833,916 | 1,738,705 |
| Debtors | -40,579 | 75,304 |
| Creditors | -1,263 | 85,196 |
| Accruals and Deferred Income | -3,124 | 9,120 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 500,000 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 2,245 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | -957,469 | 2,005,500 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 400,000 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | -54,345 | 141,813 |
| overdraft | 0 | 0 |
| change in cash | -54,345 | 141,813 |
chelmsford ventures ltd Credit Report and Business Information
Chelmsford Ventures Ltd Competitor Analysis
Perform a competitor analysis for chelmsford ventures ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NW9 area or any other competitors across 12 key performance metrics.
chelmsford ventures ltd Ownership
CHELMSFORD VENTURES LTD group structure
Chelmsford Ventures Ltd has no subsidiary companies.
Ultimate parent company
CHELMSFORD VENTURES LTD
13423479
chelmsford ventures ltd directors
Chelmsford Ventures Ltd currently has 1 director, Mr Martin Fried serving since Aug 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Fried | United Kingdom | 33 years | Aug 2023 | - | Director |
P&L
May 2023turnover
296.4k
+66%
operating profit
158.2k
0%
gross margin
69.3%
+2.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-13k
-0.15%
total assets
1.5m
-0.39%
cash
87.5k
-0.38%
net assets
Total assets minus all liabilities
Similar Companies
chelmsford ventures ltd company details
company number
13423479
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
May 2021
age
3
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
May 2023
address
unit 4, c/o map accounting limit, the technology park, london, NW9 6BX
accountant
MAP ACCOUNTING LIMITED
auditor
-
chelmsford ventures 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 found 3 charges/mortgages relating to chelmsford ventures ltd. Currently there are 2 open charges and 1 have been satisfied in the past.
chelmsford ventures ltd Companies House Filings - See Documents
| date | description | view/download |
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