chells way local ltd
chells way local ltd Company Information
Company Number
13975903
Next Accounts
Dec 2025
Shareholders
khaneja holdings ltd
gulati holdings ltd
Group Structure
View All
Industry
Retail sale in non-specialised stores with food, beverages or tobacco predominating
Registered Address
23 hayman crescent, hayes, middlesex, UB4 8PP
Website
-chells way local ltd Estimated Valuation
Pomanda estimates the enterprise value of CHELLS WAY LOCAL LTD at £172.9k based on a Turnover of £512k and 0.34x industry multiple (adjusted for size and gross margin).
chells way local ltd Estimated Valuation
Pomanda estimates the enterprise value of CHELLS WAY LOCAL LTD at £33.8k based on an EBITDA of £9.2k and a 3.66x industry multiple (adjusted for size and gross margin).
chells way local ltd Estimated Valuation
Pomanda estimates the enterprise value of CHELLS WAY LOCAL LTD at £5.2k based on Net Assets of £2k and 2.61x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Chells Way Local Ltd Overview
Chells Way Local Ltd is a live company located in middlesex, UB4 8PP with a Companies House number of 13975903. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in March 2022, it's largest shareholder is khaneja holdings ltd with a 50% stake. Chells Way Local Ltd is a startup, small sized company, Pomanda has estimated its turnover at £512k with unknown growth in recent years.
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Chells Way Local Ltd Health Check
Pomanda's financial health check has awarded Chells Way Local Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £512k, make it smaller than the average company (£2.8m)
- Chells Way Local Ltd
£2.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Chells Way Local Ltd
- - Industry AVG
Production
with a gross margin of 22.7%, this company has a comparable cost of product (22.7%)
- Chells Way Local Ltd
22.7% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (3.2%)
- Chells Way Local Ltd
3.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (26)
3 - Chells Way Local Ltd
26 - Industry AVG
Pay Structure
on an average salary of £17.2k, the company has an equivalent pay structure (£17.2k)
- Chells Way Local Ltd
£17.2k - Industry AVG
Efficiency
resulting in sales per employee of £170.7k, this is more efficient (£128.3k)
- Chells Way Local Ltd
£128.3k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is later than average (5 days)
- Chells Way Local Ltd
5 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is slower than average (29 days)
- Chells Way Local Ltd
29 days - Industry AVG
Stock Days
it holds stock equivalent to 30 days, this is more than average (19 days)
- Chells Way Local Ltd
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (20 weeks)
5 weeks - Chells Way Local Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.4%, this is a higher level of debt than the average (62.4%)
99.4% - Chells Way Local Ltd
62.4% - Industry AVG
CHELLS WAY LOCAL LTD financials
Chells Way Local Ltd's latest turnover from March 2024 is estimated at £512 thousand and the company has net assets of £2 thousand. According to their latest financial statements, Chells Way Local Ltd has 3 employees and maintains cash reserves of £37.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | |
|---|---|---|
| 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 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | |
|---|---|---|
| Tangible Assets | 242,968 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 5,000 | 0 |
| Total Fixed Assets | 247,968 | 0 |
| Stock & work in progress | 32,600 | 0 |
| Trade Debtors | 15,854 | 0 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 6,729 | 0 |
| Cash | 37,700 | 100 |
| misc current assets | 0 | 0 |
| total current assets | 92,883 | 100 |
| total assets | 340,851 | 100 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 39,154 | 0 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 299,687 | 0 |
| total current liabilities | 338,841 | 0 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 338,841 | 0 |
| net assets | 2,010 | 100 |
| total shareholders funds | 2,010 | 100 |
| Mar 2024 | Mar 2023 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 7,675 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 32,600 | 0 |
| Debtors | 27,583 | 0 |
| Creditors | 39,154 | 0 |
| Accruals and Deferred Income | 299,687 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 37,600 | 100 |
| overdraft | 0 | 0 |
| change in cash | 37,600 | 100 |
chells way local ltd Credit Report and Business Information
Chells Way Local Ltd Competitor Analysis
Perform a competitor analysis for chells way local ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in UB4 area or any other competitors across 12 key performance metrics.
chells way local ltd Ownership
CHELLS WAY LOCAL LTD group structure
Chells Way Local Ltd has no subsidiary companies.
Ultimate parent company
CHELLS WAY LOCAL LTD
13975903
chells way local ltd directors
Chells Way Local Ltd currently has 2 directors. The longest serving directors include Mr Berlin Khaneja (Mar 2022) and Mr Amarjeet Gulati (Mar 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Berlin Khaneja | United Kingdom | 26 years | Mar 2022 | - | Director |
| Mr Amarjeet Gulati | United Kingdom | 57 years | Mar 2022 | - | Director |
P&L
March 2024turnover
512k
0%
operating profit
1.6k
0%
gross margin
22.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2k
+19.1%
total assets
340.9k
+3407.51%
cash
37.7k
+376%
net assets
Total assets minus all liabilities
Similar Companies
chells way local ltd company details
company number
13975903
Type
Private limited with Share Capital
industry
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
March 2022
age
3
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
23 hayman crescent, hayes, middlesex, UB4 8PP
Bank
-
Legal Advisor
-
chells way local 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 did not find charges/mortgages relating to chells way local ltd.
chells way local 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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chells way local ltd Companies House Filings - See Documents
| date | description | view/download |
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