the claims compensation group ltd

the claims compensation group ltd Company Information

Share THE CLAIMS COMPENSATION GROUP LTD
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StartupMidRapid

Company Number

13540764

Industry

Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.

 

Directors

Antony Stokes

Susan Pash

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Shareholders

castlemaine associates ltd

a-z accountancy & taxation services ltd

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Group Structure

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Contact

Registered Address

unit e2 the point office park, weaver road, lincoln, LN6 3QN

Website

-

the claims compensation group ltd Estimated Valuation

£13.5m

Pomanda estimates the enterprise value of THE CLAIMS COMPENSATION GROUP LTD at £13.5m based on a Turnover of £9.7m and 1.39x industry multiple (adjusted for size and gross margin).

the claims compensation group ltd Estimated Valuation

£61.2m

Pomanda estimates the enterprise value of THE CLAIMS COMPENSATION GROUP LTD at £61.2m based on an EBITDA of £7.9m and a 7.74x industry multiple (adjusted for size and gross margin).

the claims compensation group ltd Estimated Valuation

£4m

Pomanda estimates the enterprise value of THE CLAIMS COMPENSATION GROUP LTD at £4m based on Net Assets of £2.5m and 1.61x industry multiple (adjusted for liquidity).

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The Claims Compensation Group Ltd Overview

The Claims Compensation Group Ltd is a live company located in lincoln, LN6 3QN with a Companies House number of 13540764. It operates in the activities of patent and copyright agents sector, SIC Code 69109. Founded in July 2021, it's largest shareholder is castlemaine associates ltd with a 64% stake. The Claims Compensation Group Ltd is a startup, mid sized company, Pomanda has estimated its turnover at £9.7m with rapid growth in recent years.

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The Claims Compensation Group Ltd Health Check

Pomanda's financial health check has awarded The Claims Compensation Group Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

1 Regular

positive_score

3 Weak

size

Size

annual sales of £9.7m, make it larger than the average company (£502.6k)

£9.7m - The Claims Compensation Group Ltd

£502.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 93%, show it is growing at a faster rate (6.5%)

93% - The Claims Compensation Group Ltd

6.5% - Industry AVG

production

Production

with a gross margin of 87.4%, this company has a lower cost of product (43.6%)

87.4% - The Claims Compensation Group Ltd

43.6% - Industry AVG

profitability

Profitability

an operating margin of 80.2% make it more profitable than the average company (7.4%)

80.2% - The Claims Compensation Group Ltd

7.4% - Industry AVG

employees

Employees

with 10 employees, this is above the industry average (8)

10 - The Claims Compensation Group Ltd

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.2k, the company has an equivalent pay structure (£34.2k)

£34.2k - The Claims Compensation Group Ltd

£34.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £974.8k, this is more efficient (£70.2k)

£974.8k - The Claims Compensation Group Ltd

£70.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (55 days)

0 days - The Claims Compensation Group Ltd

55 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 420 days, this is slower than average (15 days)

420 days - The Claims Compensation Group Ltd

15 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 3030 days, this is more than average (66 days)

3030 days - The Claims Compensation Group Ltd

66 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (25 weeks)

0 weeks - The Claims Compensation Group Ltd

25 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 77.6%, this is a higher level of debt than the average (47.9%)

77.6% - The Claims Compensation Group Ltd

47.9% - Industry AVG

THE CLAIMS COMPENSATION GROUP LTD financials

EXPORTms excel logo

The Claims Compensation Group Ltd's latest turnover from June 2024 is £9.7 million and the company has net assets of £2.5 million. According to their latest financial statements, The Claims Compensation Group Ltd has 10 employees and maintains cash reserves of £80 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Dec 2023Dec 2022Dec 2021
Turnover9,747,96817,32921,6211,362,079
Other Income Or Grants0000
Cost Of Sales1,224,8351,818,785819,455407,680
Gross Profit8,523,133-1,801,456-797,834954,399
Admin Expenses704,0731,254,616788,64977,367
Operating Profit7,819,060-3,056,072-1,586,483877,032
Interest Payable7,53605260
Interest Receivable27431,0350
Pre-Tax Profit7,811,551-3,056,029-1,585,974877,032
Tax-829,04100-160,008
Profit After Tax6,982,510-3,056,029-1,585,974717,024
Dividends Paid0000
Retained Profit6,982,510-3,056,029-1,585,974717,024
Employee Costs342,450748,285361,977169,251
Number Of Employees1016106
EBITDA*7,901,645-2,972,601-1,586,483879,845

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Dec 2023Dec 2022Dec 2021
Tangible Assets29,26631,06633,3714,687
Intangible Assets836,791490,559368,92912,500
Investments & Other0000
Debtors (Due After 1 year)0000
Total Fixed Assets866,057521,625402,30017,187
Stock & work in progress10,169,728432,593432,5931,352,287
Trade Debtors42067000
Group Debtors0000
Misc Debtors26,87544,4598,4971,089
Cash801,5524,9412,352
misc current assets0122,77315,2800
total current assets10,197,103602,047461,3111,355,728
total assets11,063,1601,123,672863,6111,372,915
Bank overdraft7191,22100
Bank loan0000
Trade Creditors 1,411,1404,544,0301,502,976116,790
Group/Directors Accounts635,536635,854234,24656,591
other short term finances00171,3260
hp & lease commitments0000
other current liabilities1,158,238244,747453,540481,560
total current liabilities3,205,6335,425,8522,362,088654,941
loans5,260,000000
hp & lease commitments0000
Accruals and Deferred Income0000
other liabilities113,524232,32600
provisions0000
total long term liabilities5,373,524232,32600
total liabilities8,579,1575,658,1782,362,088654,941
net assets2,484,003-4,534,506-1,498,477717,974
total shareholders funds2,484,003-4,534,506-1,498,477717,974
Jun 2024Dec 2023Dec 2022Dec 2021
Operating Activities
Operating Profit7,819,060-3,056,072-1,586,483877,032
Depreciation3,8175,1010313
Amortisation78,76878,37002,500
Tax-829,04100-160,008
Stock9,737,1350-919,6941,352,287
Debtors-17,83436,6327,4081,089
Creditors-3,132,8903,041,0541,386,186116,790
Accruals and Deferred Income913,491-208,793-28,020481,560
Deferred Taxes & Provisions0000
Cash flow from operations-4,866,096-176,972683,969-35,189
Investing Activities
capital expenditure-427,017-202,796-385,113-20,000
Change in Investments0000
cash flow from investments-427,017-202,796-385,113-20,000
Financing Activities
Bank loans0000
Group/Directors Accounts-318401,608177,65556,591
Other Short Term Loans 0-171,326171,3260
Long term loans5,260,000000
Hire Purchase and Lease Commitments0000
other long term liabilities-118,802232,32600
share issue35,99920,000-630,477950
interest-7,509435090
cash flow from financing5,169,370482,651-280,98757,541
cash and cash equivalents
cash-1,472-3,3892,5892,352
overdraft-5021,22100
change in cash-970-4,6102,5892,352

the claims compensation group ltd 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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The Claims Compensation Group Ltd Competitor Analysis

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Perform a competitor analysis for the claims compensation group ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in LN6 area or any other competitors across 12 key performance metrics.

the claims compensation group ltd Ownership

THE CLAIMS COMPENSATION GROUP LTD group structure

The Claims Compensation Group Ltd has no subsidiary companies.

Ultimate parent company

THE CLAIMS COMPENSATION GROUP LTD

13540764

THE CLAIMS COMPENSATION GROUP LTD Shareholders

castlemaine associates ltd 63.95%
a-z accountancy & taxation services ltd 19.17%
nicola jones 1.55%
the claims group trustees ltd 1.53%
amanda lythe 1.52%
alona niesanova 1.38%
castlemaine affiliates ltd 1.37%
c&h invetsments ltd 1.12%
bassingham investments ltd 1.12%
evro ltd 0.96%

the claims compensation group ltd directors

The Claims Compensation Group Ltd currently has 5 directors. The longest serving directors include Executors Of The Est Antony Stokes (Dec 2021) and Mrs Susan Pash (Feb 2022).

officercountryagestartendrole
Executors Of The Est Antony StokesUnited Kingdom54 years Dec 2021- Director
Mrs Susan PashEngland66 years Feb 2022- Director
Miss Sarah LysandrouUnited Kingdom54 years May 2024- Director
Miss Emily TrewEngland29 years Jan 2025- Director
Mr Neil GrayEngland67 years Jan 2025- Director

P&L

June 2024

turnover

9.7m

+56152%

operating profit

7.8m

-356%

gross margin

87.5%

-100.84%

turnover

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

Balance Sheet

June 2024

net assets

2.5m

-1.55%

total assets

11.1m

+8.85%

cash

80

-0.95%

net assets

Total assets minus all liabilities

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the claims compensation group ltd company details

company number

13540764

Type

Private limited with Share Capital

industry

69109 - Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.

incorporation date

July 2021

age

4

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

June 2024

previous names

c4j ltd (November 2024)

accountant

CASTLEMAINE ASSOCIATES LTD

auditor

-

address

unit e2 the point office park, weaver road, lincoln, LN6 3QN

Bank

-

Legal Advisor

-

the claims compensation group 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 the claims compensation group ltd. Currently there are 2 open charges and 1 have been satisfied in the past.

the claims compensation group ltd 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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the claims compensation group ltd Companies House Filings - See Documents

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