craigavon tv service centre limited
craigavon tv service centre limited Company Information
Group Structure
View All
Industry
Repair of electrical equipment
Registered Address
17 logan drive, lurgan, craigavon, county armagh, BT66 8DA
Website
www.craigavon.tvcraigavon tv service centre limited Estimated Valuation
Pomanda estimates the enterprise value of CRAIGAVON TV SERVICE CENTRE LIMITED at £1.1m based on a Turnover of £1.5m and 0.75x industry multiple (adjusted for size and gross margin).
craigavon tv service centre limited Estimated Valuation
Pomanda estimates the enterprise value of CRAIGAVON TV SERVICE CENTRE LIMITED at £0 based on an EBITDA of £-17.4k and a 5.31x industry multiple (adjusted for size and gross margin).
craigavon tv service centre limited Estimated Valuation
Pomanda estimates the enterprise value of CRAIGAVON TV SERVICE CENTRE LIMITED at £158.2k based on Net Assets of £55.5k and 2.85x industry multiple (adjusted for liquidity).
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Craigavon Tv Service Centre Limited Overview
Craigavon Tv Service Centre Limited is a live company located in craigavon, BT66 8DA with a Companies House number of NI606690. It operates in the repair of electrical equipment sector, SIC Code 33140. Founded in March 2011, it's largest shareholder is roger patterson with a 100% stake. Craigavon Tv Service Centre Limited is a established, small sized company, Pomanda has estimated its turnover at £1.5m with low growth in recent years.
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Craigavon Tv Service Centre Limited Health Check
Pomanda's financial health check has awarded Craigavon Tv Service Centre Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£2.3m)
- Craigavon Tv Service Centre Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (8.2%)
- Craigavon Tv Service Centre Limited
8.2% - Industry AVG
Production
with a gross margin of 41.7%, this company has a comparable cost of product (41.7%)
- Craigavon Tv Service Centre Limited
41.7% - Industry AVG
Profitability
an operating margin of -2.4% make it less profitable than the average company (8.6%)
- Craigavon Tv Service Centre Limited
8.6% - Industry AVG
Employees
with 31 employees, this is above the industry average (8)
31 - Craigavon Tv Service Centre Limited
8 - Industry AVG
Pay Structure
on an average salary of £46.1k, the company has an equivalent pay structure (£46.1k)
- Craigavon Tv Service Centre Limited
£46.1k - Industry AVG
Efficiency
resulting in sales per employee of £48.9k, this is less efficient (£138k)
- Craigavon Tv Service Centre Limited
£138k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (54 days)
- Craigavon Tv Service Centre Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 75 days, this is slower than average (31 days)
- Craigavon Tv Service Centre Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 58 days, this is more than average (16 days)
- Craigavon Tv Service Centre Limited
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (30 weeks)
11 weeks - Craigavon Tv Service Centre Limited
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.9%, this is a higher level of debt than the average (52.4%)
88.9% - Craigavon Tv Service Centre Limited
52.4% - Industry AVG
CRAIGAVON TV SERVICE CENTRE LIMITED financials
Craigavon Tv Service Centre Limited's latest turnover from February 2024 is estimated at £1.5 million and the company has net assets of £55.5 thousand. According to their latest financial statements, Craigavon Tv Service Centre Limited has 31 employees and maintains cash reserves of £80.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 31 | 30 | 22 | 24 | 19 | 18 | 17 | 17 | 19 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 180,562 | 178,445 | 110,003 | 84,326 | 33,386 | 36,101 | 38,304 | 39,371 | 43,161 | ||||
| Intangible Assets | 2,000 | 4,000 | 6,000 | 8,000 | 10,000 | 12,000 | 14,000 | 16,000 | 18,000 | ||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 182,562 | 182,445 | 116,003 | 92,326 | 43,386 | 48,101 | 52,304 | 55,371 | 61,161 | ||||
| Stock & work in progress | 141,698 | 126,764 | 117,904 | 86,769 | 95,494 | 69,500 | 55,000 | 4,400 | 4,400 | ||||
| Trade Debtors | 19,173 | 11,626 | 35,563 | 136,941 | 143,626 | 89,753 | 97,365 | 87,332 | 138,614 | ||||
| Group Debtors | |||||||||||||
| Misc Debtors | 76,013 | 70,282 | 30,542 | 10,902 | 23,992 | ||||||||
| Cash | 80,463 | 79,213 | 226,821 | 92,158 | 1,066 | 3,170 | 1,250 | 9,783 | 8,340 | ||||
| misc current assets | |||||||||||||
| total current assets | 317,347 | 287,885 | 410,830 | 315,868 | 240,186 | 173,325 | 177,607 | 101,515 | 151,354 | ||||
| total assets | 499,909 | 470,330 | 526,833 | 408,194 | 283,572 | 221,426 | 229,911 | 156,886 | 212,515 | ||||
| Bank overdraft | 7,773 | 9,854 | 7,968 | ||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 184,040 | 149,869 | 87,651 | 228,447 | 220,419 | 186,202 | 179,257 | 105,499 | 162,744 | ||||
| Group/Directors Accounts | |||||||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 161,516 | 138,477 | 166,402 | ||||||||||
| total current liabilities | 353,329 | 298,200 | 262,021 | 228,447 | 220,419 | 186,202 | 179,257 | 105,499 | 162,744 | ||||
| loans | |||||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | 76,054 | 70,797 | 129,579 | 117,067 | 37,857 | 28,200 | 48,200 | 46,500 | 50,500 | ||||
| provisions | 15,070 | 13,021 | 14,159 | 10,631 | 1,203 | 1,517 | 1,720 | 1,754 | 2,218 | ||||
| total long term liabilities | 91,124 | 83,818 | 143,738 | 127,698 | 39,060 | 29,717 | 49,920 | 48,254 | 52,718 | ||||
| total liabilities | 444,453 | 382,018 | 405,759 | 356,145 | 259,479 | 215,919 | 229,177 | 153,753 | 215,462 | ||||
| net assets | 55,456 | 88,312 | 121,074 | 52,049 | 24,093 | 5,507 | 734 | 3,133 | -2,947 | ||||
| total shareholders funds | 55,456 | 88,312 | 121,074 | 52,049 | 24,093 | 5,507 | 734 | 3,133 | -2,947 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 16,682 | 18,226 | 19,706 | 15,589 | 2,716 | 3,258 | 3,671 | 3,790 | 4,614 | ||||
| Amortisation | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | ||||
| Tax | |||||||||||||
| Stock | 14,934 | 8,860 | 31,135 | -8,725 | 25,994 | 14,500 | 50,600 | 4,400 | |||||
| Debtors | 13,278 | 15,803 | -70,836 | -6,685 | 42,971 | -20,702 | 34,025 | -51,282 | 138,614 | ||||
| Creditors | 34,171 | 62,218 | -140,796 | 8,028 | 34,217 | 6,945 | 73,758 | -57,245 | 162,744 | ||||
| Accruals and Deferred Income | 23,039 | -27,925 | 166,402 | ||||||||||
| Deferred Taxes & Provisions | 2,049 | -1,138 | 3,528 | 9,428 | -314 | -203 | -34 | -464 | 2,218 | ||||
| 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 | 5,257 | -58,782 | 12,512 | 79,210 | 9,657 | -20,000 | 1,700 | -4,000 | 50,500 | ||||
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 1,250 | -147,608 | 134,663 | 91,092 | -2,104 | 1,920 | -8,533 | 1,443 | 8,340 | ||||
| overdraft | -2,081 | 1,886 | 7,968 | ||||||||||
| change in cash | 3,331 | -149,494 | 126,695 | 91,092 | -2,104 | 1,920 | -8,533 | 1,443 | 8,340 |
craigavon tv service centre limited Credit Report and Business Information
Craigavon Tv Service Centre Limited Competitor Analysis
Perform a competitor analysis for craigavon tv service centre limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in BT66 area or any other competitors across 12 key performance metrics.
craigavon tv service centre limited Ownership
CRAIGAVON TV SERVICE CENTRE LIMITED group structure
Craigavon Tv Service Centre Limited has no subsidiary companies.
Ultimate parent company
CRAIGAVON TV SERVICE CENTRE LIMITED
NI606690
craigavon tv service centre limited directors
Craigavon Tv Service Centre Limited currently has 1 director, Mr Roger Patterson serving since Mar 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Roger Patterson | United Kingdom | 53 years | Mar 2011 | - | Director |
P&L
February 2024turnover
1.5m
+22%
operating profit
-36.1k
0%
gross margin
41.7%
-8.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
55.5k
-0.37%
total assets
499.9k
+0.06%
cash
80.5k
+0.02%
net assets
Total assets minus all liabilities
craigavon tv service centre limited company details
company number
NI606690
Type
Private limited with Share Capital
industry
33140 - Repair of electrical equipment
incorporation date
March 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
MCCLEARY & COMPANY LTD
auditor
-
address
17 logan drive, lurgan, craigavon, county armagh, BT66 8DA
Bank
-
Legal Advisor
-
craigavon tv service centre 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 craigavon tv service centre limited.
craigavon tv service centre limited 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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craigavon tv service centre limited Companies House Filings - See Documents
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