Pomanda estimates the enterprise value of C.B. CONTRACTS (N.I.) LTD at £8.6m based on a Turnover of £17.8m and 0.48x industry multiple (adjusted for size and gross margin).
c.b. contracts (n.i.) ltdEstimated Valuation
£2.1m
Pomanda estimates the enterprise value of C.B. CONTRACTS (N.I.) LTD at £2.1m based on an EBITDA of £478k and a 4.43x industry multiple (adjusted for size and gross margin).
c.b. contracts (n.i.) ltdEstimated Valuation
£1.9m
Pomanda estimates the enterprise value of C.B. CONTRACTS (N.I.) LTD at £1.9m based on Net Assets of £934.5k and 2x industry multiple (adjusted for liquidity).
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C.b. Contracts (n.i.) LtdOverview
C.b. Contracts (n.i.) Ltd is a live company located in belfast, BT3 9LE with a Companies House number of NI038170. It operates in the floor and wall covering sector, SIC Code 43330. Founded in March 2000, it's largest shareholder is
bell global property services (u.k.) ltd
with a 100% stake. C.b. Contracts (n.i.) Ltd is a mature,
mid sized company, Pomanda has estimated its turnover at
£17.8m with
unknown
growth in recent years.
Pomanda's financial health check has awarded C.B. Contracts (N.I.) Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
4 Strong
2 Regular
4 Weak
Size
annual sales of £17.8m, make it larger than the average company (£223.6k)
£17.8m - C.b. Contracts (n.i.) Ltd
£223.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - C.b. Contracts (n.i.) Ltd
- - Industry AVG
Production
with a gross margin of 32.3%, this company has a comparable cost of product (32.3%)
32.3% - C.b. Contracts (n.i.) Ltd
32.3% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (7.3%)
2.5% - C.b. Contracts (n.i.) Ltd
7.3% - Industry AVG
Employees
with 53 employees, this is above the industry average (2)
53 - C.b. Contracts (n.i.) Ltd
2 - Industry AVG
Pay Structure
on an average salary of £35.6k, the company has an equivalent pay structure (£35.6k)
£35.6k - C.b. Contracts (n.i.) Ltd
£35.6k - Industry AVG
Efficiency
resulting in sales per employee of £334.9k, this is more efficient (£120.3k)
£334.9k - C.b. Contracts (n.i.) Ltd
£120.3k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (50 days)
78 days - C.b. Contracts (n.i.) Ltd
50 days - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is slower than average (28 days)
42 days - C.b. Contracts (n.i.) Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - C.b. Contracts (n.i.) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 8 weeks, this is less cash available to meet short term requirements (26 weeks)
8 weeks - C.b. Contracts (n.i.) Ltd
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.5%, this is a higher level of debt than the average (60.7%)
79.5% - C.b. Contracts (n.i.) Ltd
60.7% - Industry AVG
C.B. CONTRACTS (N.I.) LTD financials
EXPORT
C.B. Contracts (N.I.) Ltd's latest turnover from March 2024 is estimated at £17.8 million and the company has net assets of £934.5 thousand. According to their latest financial statements, C.B. Contracts (N.I.) Ltd has 53 employees and maintains cash reserves of £541.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Mar 2012
Mar 2011
Mar 2010
Turnover
17,750,276
18,004,490
10,535,457
10,664,348
9,613,498
9,077,377
7,935,342
8,684,725
12,728,996
8,668,936
11,745,714
Other Income Or Grants
Cost Of Sales
12,025,646
12,272,300
7,106,008
7,708,931
6,812,292
6,193,239
5,284,929
5,817,034
8,811,546
6,103,826
8,021,519
Gross Profit
5,724,630
5,732,190
3,429,449
2,955,417
2,801,206
2,884,139
2,650,414
2,867,691
3,917,450
2,565,110
3,724,195
Admin Expenses
5,275,876
6,451,667
1,853,294
2,631,492
2,496,078
2,649,153
2,437,838
2,613,536
3,693,369
2,360,985
3,418,096
Operating Profit
448,754
-719,477
1,576,155
323,925
305,128
234,986
212,576
254,155
224,081
204,125
306,099
Interest Payable
6,534
4,303
2,126
3,022
31,321
47,769
20,319
Interest Receivable
37,792
21,793
479
1,131
4,996
2,604
163
225
246
154
98
Pre-Tax Profit
486,545
-704,218
1,572,331
322,930
307,102
206,268
164,970
234,061
224,328
204,278
306,197
Tax
-121,636
-298,743
-61,357
-58,349
-39,191
-31,344
-46,812
-44,865
-42,898
-70,425
Profit After Tax
364,909
-704,218
1,273,588
261,573
248,753
167,077
133,626
187,249
179,462
161,380
235,772
Dividends Paid
Retained Profit
364,909
-704,218
1,273,588
261,573
248,753
167,077
133,626
187,249
179,462
161,380
235,772
Employee Costs
1,888,160
1,235,723
1,158,217
886,418
1,522,246
1,601,634
1,554,717
1,585,411
4,158,572
2,255,548
3,384,608
Number Of Employees
53
41
40
36
47
47
45
45
115
66
98
EBITDA*
478,028
-636,160
1,763,849
460,404
448,174
351,006
318,456
352,806
327,824
302,735
414,916
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
100,814
119,348
148,810
210,052
245,102
134,093
91,899
72,384
89,822
67,565
100,248
Intangible Assets
46,667
160,000
240,000
320,000
400,000
480,000
560,000
640,000
720,000
Investments & Other
Debtors (Due After 1 year)
217,268
Total Fixed Assets
100,814
336,616
195,477
370,052
485,102
454,093
491,899
552,384
649,822
707,565
820,248
Stock & work in progress
1,792,199
1,840,355
1,861,934
2,074,912
2,014,141
1,836,025
1,220,382
1,738,087
Trade Debtors
3,812,162
2,939,103
2,607,203
340,314
448,878
338,116
358,417
313,325
289,752
279,051
369,035
Group Debtors
74,347
69,349
Misc Debtors
96,962
323,321
177,901
24,869
28,884
17,375
16,750
11,250
Cash
541,922
897,761
127,787
1,596,576
664,626
667,758
26,593
103,757
76,157
22,386
39,178
misc current assets
total current assets
4,451,046
4,234,532
2,982,240
3,753,958
2,982,743
2,885,183
2,476,672
2,442,473
2,201,934
1,521,819
2,146,300
total assets
4,551,860
4,571,148
3,177,717
4,124,010
3,467,845
3,339,276
2,968,571
2,994,857
2,851,756
2,229,384
2,966,548
Bank overdraft
127,492
10,104
9,738
9,495
828,490
581,850
Bank loan
8,093
Trade Creditors
1,405,889
2,946,793
1,215,900
1,876,105
1,655,970
1,748,171
777,799
1,137,108
2,174,125
1,705,878
2,472,337
Group/Directors Accounts
1,328,236
16,299
78,835
other short term finances
hp & lease commitments
47,922
60,443
72,811
27,416
6,069
15,947
other current liabilities
785,706
614,396
127,472
458,626
207,569
387,713
381,239
336,324
total current liabilities
3,519,831
3,561,189
1,518,786
2,405,278
1,946,088
2,172,795
2,009,896
2,158,157
2,174,125
1,705,878
2,472,337
loans
19,690
30,160
40,141
49,916
60,253
hp & lease commitments
19,248
88,318
138,709
41,775
6,069
Accruals and Deferred Income
other liabilities
92,433
123,918
256,708
provisions
97,550
440,389
365,895
35,632
39,369
19,799
11,070
6,315
8,384
2,236
1,531
total long term liabilities
97,550
440,389
385,143
143,640
208,238
101,715
60,986
72,637
100,817
126,154
258,239
total liabilities
3,617,381
4,001,578
1,903,929
2,548,918
2,154,326
2,274,510
2,070,882
2,230,794
2,274,942
1,832,032
2,730,576
net assets
934,479
569,570
1,273,788
1,575,092
1,313,519
1,064,766
897,689
764,063
576,814
397,352
235,972
total shareholders funds
934,479
569,570
1,273,788
1,575,092
1,313,519
1,064,766
897,689
764,063
576,814
397,352
235,972
Mar 2024
Mar 2023
Mar 2022
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
448,754
-719,477
1,576,155
323,925
305,128
234,986
212,576
254,155
224,081
204,125
306,099
Depreciation
29,274
36,650
74,361
56,479
63,046
36,020
25,880
18,651
23,743
18,610
28,817
Amortisation
46,667
113,333
80,000
80,000
80,000
80,000
80,000
80,000
80,000
80,000
Tax
-121,636
-298,743
-61,357
-58,349
-39,191
-31,344
-46,812
-44,865
-42,898
-70,425
Stock
-48,156
-21,579
-212,978
60,771
178,116
615,643
-517,705
1,738,087
Debtors
355,085
699,586
2,854,453
-112,579
122,271
-19,676
50,592
34,823
10,701
-89,984
369,035
Creditors
-1,540,904
1,730,893
1,215,900
220,135
-92,201
970,372
-359,309
-1,037,017
468,247
-766,459
2,472,337
Accruals and Deferred Income
171,310
486,924
127,472
251,057
-180,144
6,474
44,915
336,324
Deferred Taxes & Provisions
-342,839
74,494
365,895
-3,737
19,570
8,729
4,755
-2,069
6,148
705
1,531
Cash flow from operations
-1,711,126
956,565
319,920
1,027,237
36,358
1,530,044
-133,890
-609,707
131,010
101,772
711,237
Investing Activities
capital expenditure
-10,740
-7,188
-383,171
-21,429
-174,055
-78,214
-45,395
-1,213
-46,000
14,073
-929,065
Change in Investments
cash flow from investments
-10,740
-7,188
-383,171
-21,429
-174,055
-78,214
-45,395
-1,213
-46,000
14,073
-929,065
Financing Activities
Bank loans
-8,093
8,093
Group/Directors Accounts
1,328,236
-16,299
-62,536
78,835
Other Short Term Loans
Long term loans
-10,470
-9,981
-9,775
-10,337
60,253
Hire Purchase and Lease Commitments
-67,170
67,170
-62,759
142,329
63,122
-15,947
22,016
other long term liabilities
-92,433
-31,485
-132,790
256,708
share issue
200
200
interest
37,792
15,259
-3,824
-995
1,974
-28,717
-47,606
-20,094
246
154
98
cash flow from financing
1,366,028
-51,911
63,546
-74,224
134,322
8,331
-144,519
56,670
-31,239
-132,636
257,006
cash and cash equivalents
cash
-355,839
769,974
127,787
931,950
-3,132
641,165
-77,164
27,600
53,771
-16,792
39,178
overdraft
-127,492
127,492
366
243
-818,995
246,640
581,850
change in cash
-355,839
897,466
295
931,584
-3,375
1,460,160
-323,804
-554,250
53,771
-16,792
39,178
c.b. contracts (n.i.) 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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c.b. contracts (n.i.) ltd Ownership
C.B. CONTRACTS (N.I.) LTD group structure
C.B. Contracts (N.I.) Ltd has no subsidiary companies.
The sole shareholder of C.B. Contracts (N.I.) Ltd is Bell Global Property Services (U.K.) Ltd.
bell global property services (u.k.) ltd
100%
c.b. contracts (n.i.) ltd directors
C.B. Contracts (N.I.) Ltd currently has 4 directors.
The longest serving directors include
Mr Colin Bunting (Mar 2000) and
Ms Ellen Bunting (Mar 2000).
unit b1 19 heron road, sydenham business park, belfast, BT3 9LE
Bank
ULSTER BANK LTD
Legal Advisor
-
c.b. contracts (n.i.) 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 4 charges/mortgages relating to c.b. contracts (n.i.) ltd. Currently there are 1 open charges and 3 have been satisfied in the past.
c.b. contracts (n.i.) 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.
Click to start generating capital raising & share issue transactions for C.B. CONTRACTS (N.I.) LTD. This can take several minutes, an email will notify you when this has completed.
c.b. contracts (n.i.) ltdCompanies House Filings - See Documents
