the cornermen cic
the cornermen cic Company Information
Company Number
14121854
Next Accounts
38 days late
Shareholders
-
Group Structure
View All
Industry
Other social work activities without accommodation n.e.c.
Registered Address
unit 8 hall farm workshops, mill lane, didcot, OX11 9FD
Website
-the cornermen cic Estimated Valuation
Pomanda estimates the enterprise value of THE CORNERMEN CIC at £11.6k based on a Turnover of £23.4k and 0.49x industry multiple (adjusted for size and gross margin).
the cornermen cic Estimated Valuation
Pomanda estimates the enterprise value of THE CORNERMEN CIC at £34.4k based on an EBITDA of £6.7k and a 5.14x industry multiple (adjusted for size and gross margin).
the cornermen cic Estimated Valuation
Pomanda estimates the enterprise value of THE CORNERMEN CIC at £12.1k based on Net Assets of £5k and 2.4x industry multiple (adjusted for liquidity).
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The Cornermen Cic Overview
The Cornermen Cic is a live company located in didcot, OX11 9FD with a Companies House number of 14121854. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in May 2022, it's largest shareholder is unknown. The Cornermen Cic is a startup, micro sized company, Pomanda has estimated its turnover at £23.4k with unknown growth in recent years.
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The Cornermen Cic Health Check
Pomanda's financial health check has awarded The Cornermen Cic a 2.5 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
1 Regular
5 Weak
Size
annual sales of £23.4k, make it smaller than the average company (£420.7k)
£23.4k - The Cornermen Cic
£420.7k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- The Cornermen Cic
- - Industry AVG
Production
with a gross margin of 73.8%, this company has a comparable cost of product (73.8%)
73.8% - The Cornermen Cic
73.8% - Industry AVG
Profitability
an operating margin of 28.6% make it more profitable than the average company (3.4%)
28.6% - The Cornermen Cic
3.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
1 - The Cornermen Cic
12 - Industry AVG
Pay Structure
on an average salary of £15k, the company has a lower pay structure (£24.5k)
£15k - The Cornermen Cic
£24.5k - Industry AVG
Efficiency
resulting in sales per employee of £23.4k, this is less efficient (£40.1k)
£23.4k - The Cornermen Cic
£40.1k - Industry AVG
Debtor Days
it gets paid by customers after 341 days, this is later than average (14 days)
341 days - The Cornermen Cic
14 days - Industry AVG
Creditor Days
its suppliers are paid after 1004 days, this is slower than average (8 days)
1004 days - The Cornermen Cic
8 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Cornermen Cic
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - The Cornermen Cic
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.1%, this is a higher level of debt than the average (12.9%)
77.1% - The Cornermen Cic
12.9% - Industry AVG
THE CORNERMEN CIC financials
The Cornermen Cic's latest turnover from May 2023 is £23.4 thousand and the company has net assets of £5 thousand. According to their latest financial statements, The Cornermen Cic has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | |
|---|---|
| Turnover | 23,368 |
| Other Income Or Grants | |
| Cost Of Sales | |
| Gross Profit | |
| Admin Expenses | |
| Operating Profit | |
| Interest Payable | |
| Interest Receivable | |
| Pre-Tax Profit | 6,195 |
| Tax | -1,177 |
| Profit After Tax | 5,018 |
| Dividends Paid | |
| Retained Profit | 5,018 |
| Employee Costs | 15,000 |
| Number Of Employees | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | |
|---|---|
| Tangible Assets | |
| Intangible Assets | |
| Investments & Other | |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | |
| Stock & work in progress | |
| Trade Debtors | 21,874 |
| Group Debtors | |
| Misc Debtors | |
| Cash | |
| misc current assets | |
| total current assets | 21,874 |
| total assets | 21,874 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 16,856 |
| Group/Directors Accounts | |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | |
| total current liabilities | 16,856 |
| loans | |
| hp & lease commitments | |
| Accruals and Deferred Income | |
| other liabilities | |
| provisions | |
| total long term liabilities | |
| total liabilities | 16,856 |
| net assets | 5,018 |
| total shareholders funds | 5,018 |
| May 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | -1,177 |
| Stock | |
| Debtors | 21,874 |
| Creditors | 16,856 |
| 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 |
the cornermen cic Credit Report and Business Information
The Cornermen Cic Competitor Analysis
Perform a competitor analysis for the cornermen cic by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in OX11 area or any other competitors across 12 key performance metrics.
the cornermen cic Ownership
THE CORNERMEN CIC group structure
The Cornermen Cic has no subsidiary companies.
Ultimate parent company
THE CORNERMEN CIC
14121854
the cornermen cic directors
The Cornermen Cic currently has 3 directors. The longest serving directors include Mr Stephen James (May 2022) and Mr John Houston (May 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen James | England | 44 years | May 2022 | - | Director |
| Mr John Houston | England | 54 years | May 2022 | - | Director |
| Mr Stephen Vinnicombe | England | 52 years | Feb 2024 | - | Director |
P&L
May 2023turnover
23.4k
0%
operating profit
6.7k
0%
gross margin
73.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
5k
0%
total assets
21.9k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
the cornermen cic company details
company number
14121854
Type
Private Ltd By Guarantee w/o Share Cap
industry
88990 - Other social work activities without accommodation n.e.c.
incorporation date
May 2022
age
3
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
unit 8 hall farm workshops, mill lane, didcot, OX11 9FD
Bank
-
Legal Advisor
-
the cornermen cic 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 the cornermen cic.
the cornermen cic 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.
Click to start generating capital raising & share issue transactions for THE CORNERMEN CIC. This can take several minutes, an email will notify you when this has completed.
the cornermen cic Companies House Filings - See Documents
| date | description | view/download |
|---|
