corick facilities management limited
corick facilities management limited Company Information
Company Number
NI045340
Website
-Registered Address
248 upper newtownards road, belfast, BT4 3EU
Industry
Public houses and bars
Telephone
-
Next Accounts Due
566 days late
Group Structure
View All
Directors
Anthony Christodoulou2 Years
Shareholders
peter james dolan 100%
corick facilities management limited Estimated Valuation
Pomanda estimates the enterprise value of CORICK FACILITIES MANAGEMENT LIMITED at £4.8m based on a Turnover of £7.8m and 0.61x industry multiple (adjusted for size and gross margin).
corick facilities management limited Estimated Valuation
Pomanda estimates the enterprise value of CORICK FACILITIES MANAGEMENT LIMITED at £410.2k based on an EBITDA of £90k and a 4.56x industry multiple (adjusted for size and gross margin).
corick facilities management limited Estimated Valuation
Pomanda estimates the enterprise value of CORICK FACILITIES MANAGEMENT LIMITED at £0 based on Net Assets of £-4.8k and 1.85x industry multiple (adjusted for liquidity).
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Corick Facilities Management Limited Overview
Corick Facilities Management Limited is a live company located in belfast, BT4 3EU with a Companies House number of NI045340. It operates in the public houses and bars sector, SIC Code 56302. Founded in February 2003, it's largest shareholder is peter james dolan with a 100% stake. Corick Facilities Management Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.8m with unknown growth in recent years.
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Corick Facilities Management Limited Health Check
Pomanda's financial health check has awarded Corick Facilities Management Limited 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
3 Regular
5 Weak
Size
annual sales of £7.8m, make it larger than the average company (£500k)
- Corick Facilities Management Limited
£500k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Corick Facilities Management Limited
- - Industry AVG
Production
with a gross margin of 56.6%, this company has a comparable cost of product (56.6%)
- Corick Facilities Management Limited
56.6% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (4%)
- Corick Facilities Management Limited
4% - Industry AVG
Employees
with 172 employees, this is above the industry average (25)
- Corick Facilities Management Limited
25 - Industry AVG
Pay Structure
on an average salary of £14.3k, the company has an equivalent pay structure (£14.3k)
- Corick Facilities Management Limited
£14.3k - Industry AVG
Efficiency
resulting in sales per employee of £45.4k, this is equally as efficient (£45.5k)
- Corick Facilities Management Limited
£45.5k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is later than average (10 days)
- Corick Facilities Management Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is quicker than average (48 days)
- Corick Facilities Management Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (15 days)
- Corick Facilities Management Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (15 weeks)
1 weeks - Corick Facilities Management Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101%, this is a higher level of debt than the average (81.4%)
101% - Corick Facilities Management Limited
81.4% - Industry AVG
CORICK FACILITIES MANAGEMENT LIMITED financials
Corick Facilities Management Limited's latest turnover from February 2018 is estimated at £7.8 million and the company has net assets of -£4.8 thousand. According to their latest financial statements, we estimate that Corick Facilities Management Limited has 172 employees and maintains cash reserves of £10 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| 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
| Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 60,690 | 64,436 | 8,086 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 60,690 | 64,436 | 8,086 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 6,850 | 6,850 | 6,850 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 393,904 | 106,027 | 123,818 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 9,988 | 5,725 | 8,332 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 3,505 | 0 | 6,121 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 414,247 | 118,602 | 145,121 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 474,937 | 183,038 | 153,207 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 386,522 | 174,639 | 158,535 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 386,522 | 174,639 | 158,535 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 93,242 | 69,792 | 85,910 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 93,242 | 69,792 | 85,910 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 479,764 | 244,431 | 244,445 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | -4,827 | -61,393 | -91,238 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | -4,827 | -61,393 | -91,238 | 0 | 0 | 0 | 0 | 0 | 0 |
| Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 20,230 | 20,939 | 0 | ||||||
| Amortisation | 0 | 0 | 0 | ||||||
| Tax | |||||||||
| Stock | 0 | 0 | 6,850 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 287,877 | -17,791 | 123,818 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 211,883 | 16,104 | 158,535 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 23,450 | -16,118 | 85,910 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 4,263 | -2,607 | 8,332 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 4,263 | -2,607 | 8,332 | 0 | 0 | 0 | 0 | 0 | 0 |
corick facilities management limited Credit Report and Business Information
Corick Facilities Management Limited Competitor Analysis
Perform a competitor analysis for corick facilities management limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
corick facilities management limited Ownership
CORICK FACILITIES MANAGEMENT LIMITED group structure
Corick Facilities Management Limited has no subsidiary companies.
Ultimate parent company
CORICK FACILITIES MANAGEMENT LIMITED
NI045340
corick facilities management limited directors
Corick Facilities Management Limited currently has 1 director, Mr Anthony Christodoulou serving since Nov 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Christodoulou | Northern Ireland | 63 years | Nov 2021 | - | Director |
P&L
February 2018turnover
7.8m
+147%
operating profit
69.8k
0%
gross margin
56.7%
-0.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2018net assets
-4.8k
-0.92%
total assets
474.9k
+1.59%
cash
10k
+0.74%
net assets
Total assets minus all liabilities
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corick facilities management limited company details
company number
NI045340
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
February 2003
age
21
accounts
Total Exemption Full
ultimate parent company
previous names
corick properties limited (March 2003)
incorporated
UK
address
248 upper newtownards road, belfast, BT4 3EU
last accounts submitted
February 2021
corick facilities management limited 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 corick facilities management limited.
corick facilities management limited Companies House Filings - See Documents
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