cbin limited
cbin limited Company Information
Company Number
NI610217
Website
-Registered Address
unit 4 gateside business park, gateside road, coleraine, BT52 2RE
Industry
Construction of domestic buildings
Telephone
-
Next Accounts Due
78 days late
Group Structure
View All
Shareholders
sean butcher 42.5%
robert carnahan 42.5%
View Allcbin limited Estimated Valuation
Pomanda estimates the enterprise value of CBIN LIMITED at £2.2m based on a Turnover of £6.6m and 0.33x industry multiple (adjusted for size and gross margin).
cbin limited Estimated Valuation
Pomanda estimates the enterprise value of CBIN LIMITED at £582.6k based on an EBITDA of £214.9k and a 2.71x industry multiple (adjusted for size and gross margin).
cbin limited Estimated Valuation
Pomanda estimates the enterprise value of CBIN LIMITED at £25.5k based on Net Assets of £20.3k and 1.26x industry multiple (adjusted for liquidity).
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Cbin Limited Overview
Cbin Limited is a live company located in coleraine, BT52 2RE with a Companies House number of NI610217. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in December 2011, it's largest shareholder is sean butcher with a 42.5% stake. Cbin Limited is a established, mid sized company, Pomanda has estimated its turnover at £6.6m with rapid growth in recent years.
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Cbin Limited Health Check
Pomanda's financial health check has awarded Cbin Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £6.6m, make it larger than the average company (£567.9k)
- Cbin Limited
£567.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 49%, show it is growing at a faster rate (7.1%)
- Cbin Limited
7.1% - Industry AVG
Production
with a gross margin of 11%, this company has a higher cost of product (20.5%)
- Cbin Limited
20.5% - Industry AVG
Profitability
an operating margin of 3.3% make it less profitable than the average company (7.7%)
- Cbin Limited
7.7% - Industry AVG
Employees
with 15 employees, this is above the industry average (4)
15 - Cbin Limited
4 - Industry AVG
Pay Structure
on an average salary of £41.8k, the company has an equivalent pay structure (£41.8k)
- Cbin Limited
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £440.9k, this is more efficient (£226.9k)
- Cbin Limited
£226.9k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is later than average (26 days)
- Cbin Limited
26 days - Industry AVG
Creditor Days
its suppliers are paid after 114 days, this is slower than average (30 days)
- Cbin Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cbin Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Cbin Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.3%, this is a higher level of debt than the average (73.2%)
99.3% - Cbin Limited
73.2% - Industry AVG
CBIN LIMITED financials
Cbin Limited's latest turnover from June 2022 is estimated at £6.6 million and the company has net assets of £20.3 thousand. According to their latest financial statements, Cbin Limited has 15 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 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 | 15 | 7 | 2 | 2 | 2 | 2 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 22,324 | 31,669 | 19,207 | 328 | 470 | 1,960 | 2,450 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 22,324 | 31,669 | 19,207 | 328 | 470 | 1,960 | 2,450 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,344,917 | 1,540,100 | 1,003,860 | 964,493 | 887,254 | 1,247,858 | 946,516 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,477,101 | 0 | 250,000 | 109,848 | 109,848 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,822,018 | 1,540,100 | 1,253,860 | 1,074,341 | 997,102 | 1,247,858 | 946,516 | 0 | 0 | 0 | 0 |
| total assets | 2,844,342 | 1,571,769 | 1,273,067 | 1,074,669 | 997,572 | 1,249,818 | 948,966 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,845,534 | 773,887 | 102,228 | 20,527 | 8,584 | 26,308 | 4,223 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,845,534 | 773,887 | 102,228 | 20,527 | 8,584 | 26,308 | 4,223 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 978,536 | 951,699 | 1,117,282 | 1,173,242 | 1,097,832 | 1,234,159 | 949,117 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 978,536 | 951,699 | 1,117,282 | 1,173,242 | 1,097,832 | 1,234,159 | 949,117 | 0 | 0 | 0 | 0 |
| total liabilities | 2,824,070 | 1,725,586 | 1,219,510 | 1,193,769 | 1,106,416 | 1,260,467 | 953,340 | 0 | 0 | 0 | 0 |
| net assets | 20,272 | -153,817 | 53,557 | -119,100 | -108,844 | -10,649 | -4,374 | 0 | 0 | 0 | 0 |
| total shareholders funds | 20,272 | -153,817 | 53,557 | -119,100 | -108,844 | -10,649 | -4,374 | 0 | 0 | 0 | 0 |
| Jun 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | |||||||||||
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,281,918 | 286,240 | 179,519 | 77,239 | -250,756 | 301,342 | 946,516 | 0 | 0 | 0 | 0 |
| Creditors | 1,071,647 | 671,659 | 81,701 | 11,943 | -17,724 | 22,085 | 4,223 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 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 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 26,837 | -165,583 | -55,960 | 75,410 | -136,327 | 285,042 | 949,117 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cbin limited Credit Report and Business Information
Cbin Limited Competitor Analysis
Perform a competitor analysis for cbin limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
cbin limited Ownership
CBIN LIMITED group structure
Cbin Limited has no subsidiary companies.
Ultimate parent company
CBIN LIMITED
NI610217
cbin limited directors
Cbin Limited currently has 4 directors. The longest serving directors include Mr Robert Carnahan (Dec 2011) and Mr Sean Butcher (Dec 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Carnahan | Northern Ireland | 45 years | Dec 2011 | - | Director |
| Mr Sean Butcher | Northern Ireland | 61 years | Dec 2011 | - | Director |
| Mrs Lisa Carnahan | Northern Ireland | 45 years | Apr 2021 | - | Director |
| Mrs Elaine Butcher | Northern Ireland | 56 years | Apr 2021 | - | Director |
P&L
June 2022turnover
6.6m
+49%
operating profit
214.9k
0%
gross margin
11%
+9.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2022net assets
20.3k
-1.13%
total assets
2.8m
+0.81%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
cbin limited company details
company number
NI610217
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
December 2011
age
13
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
unit 4 gateside business park, gateside road, coleraine, BT52 2RE
last accounts submitted
June 2022
cbin 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 cbin limited.
cbin limited Companies House Filings - See Documents
| date | description | view/download |
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