craicni c.i.c.
craicni c.i.c. Company Information
Company Number
NI631525
Next Accounts
Dec 2025
Industry
Cultural education
Shareholders
-
Group Structure
View All
Contact
Registered Address
23 ballylenaghan avenue, belfast, co antrim, BT8 6WX
Website
-craicni c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of CRAICNI C.I.C. at £10.6k based on a Turnover of £11.9k and 0.89x industry multiple (adjusted for size and gross margin).
craicni c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of CRAICNI C.I.C. at £33k based on an EBITDA of £7k and a 4.71x industry multiple (adjusted for size and gross margin).
craicni c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of CRAICNI C.I.C. at £0 based on Net Assets of £-2.2k and 2.42x industry multiple (adjusted for liquidity).
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Craicni C.i.c. Overview
Craicni C.i.c. is a live company located in co antrim, BT8 6WX with a Companies House number of NI631525. It operates in the cultural education sector, SIC Code 85520. Founded in May 2015, it's largest shareholder is unknown. Craicni C.i.c. is a established, micro sized company, Pomanda has estimated its turnover at £11.9k with declining growth in recent years.
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Craicni C.i.c. Health Check
Pomanda's financial health check has awarded Craicni C.I.C. a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £11.9k, make it smaller than the average company (£245k)
£11.9k - Craicni C.i.c.
£245k - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (7.4%)
-14% - Craicni C.i.c.
7.4% - Industry AVG
Production
with a gross margin of 78.1%, this company has a comparable cost of product (69%)
78.1% - Craicni C.i.c.
69% - Industry AVG
Profitability
an operating margin of 58.7% make it more profitable than the average company (1.4%)
58.7% - Craicni C.i.c.
1.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (7)
- Craicni C.i.c.
7 - Industry AVG
Pay Structure
on an average salary of £26k, the company has an equivalent pay structure (£26k)
- Craicni C.i.c.
£26k - Industry AVG
Efficiency
resulting in sales per employee of £11.9k, this is less efficient (£54.3k)
- Craicni C.i.c.
£54.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Craicni C.i.c.
- - Industry AVG
Creditor Days
its suppliers are paid after 49 days, this is slower than average (23 days)
49 days - Craicni C.i.c.
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Craicni C.i.c.
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 44 weeks, this is less cash available to meet short term requirements (161 weeks)
44 weeks - Craicni C.i.c.
161 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 130%, this is a higher level of debt than the average (16.2%)
130% - Craicni C.i.c.
16.2% - Industry AVG
CRAICNI C.I.C. financials
Craicni C.I.C.'s latest turnover from March 2024 is £11.9 thousand and the company has net assets of -£2.2 thousand. According to their latest financial statements, we estimate that Craicni C.I.C. has 1 employee and maintains cash reserves of £7.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 11,921 | 3,960 | 18,874 | 174,952 | 31,225 | 33,472 | 17,880 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 2,605 | 7,751 | 23,736 | 156,015 | ||||
| Gross Profit | 9,316 | -3,791 | -4,862 | 18,937 | ||||
| Admin Expenses | 2,316 | 3,031 | 3,863 | 15,714 | ||||
| Operating Profit | 7,000 | -6,822 | -8,725 | 3,223 | ||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 30 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 7,000 | -6,822 | -8,725 | 3,223 | -1,331 | 7,180 | 4,881 | |
| Tax | 0 | 0 | -540 | 0 | 266 | -1,436 | -976 | |
| Profit After Tax | 7,000 | -6,822 | -9,265 | 3,223 | -1,065 | 5,744 | 3,905 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 7,000 | -6,822 | -9,265 | 3,223 | -1,065 | 5,744 | 3,905 | |
| Employee Costs | ||||||||
| Number Of Employees | 1 | 1 | ||||||
| EBITDA* | 7,000 | -6,822 | -8,725 | 3,223 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 26,290 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 1,393 | 0 | 0 | 9,100 | 14,988 | 3,295 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 7,472 | 321 | 0 | 2,261 | 0 | 0 | 0 | 1,886 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,472 | 321 | 1,393 | 2,261 | 26,290 | 9,100 | 14,988 | 5,181 |
| total assets | 7,472 | 321 | 1,393 | 2,261 | 26,290 | 9,100 | 14,988 | 5,181 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 350 | 350 | 3,150 | 0 | 0 | 516 | 5,339 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 8,461 | 8,460 | 0 | 926 | 2,572 | 0 | 0 | 1,276 |
| total current liabilities | 8,811 | 8,810 | 3,150 | 926 | 2,572 | 516 | 5,339 | 1,276 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 900 | 750 | 660 | 576 | 144 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 13,550 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 900 | 750 | 660 | 576 | 13,694 | 0 | 0 | 0 |
| total liabilities | 9,711 | 9,560 | 3,810 | 1,502 | 16,266 | 516 | 5,339 | 1,276 |
| net assets | -2,239 | -9,239 | -2,417 | 759 | 10,024 | 8,584 | 9,649 | 3,905 |
| total shareholders funds | -2,239 | -9,239 | -2,417 | 759 | 10,024 | 8,584 | 9,649 | 3,905 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 7,000 | -6,822 | -8,725 | 3,223 | ||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | -540 | 0 | 266 | -1,436 | -976 | |
| Stock | 0 | 0 | 0 | -26,290 | 26,290 | 0 | 0 | 0 |
| Debtors | 0 | -1,393 | 1,393 | 0 | 0 | -5,888 | 11,693 | 3,295 |
| Creditors | 0 | -2,800 | 3,150 | 0 | 0 | -4,823 | 5,339 | 0 |
| Accruals and Deferred Income | 151 | 8,550 | -842 | -1,214 | 2,716 | 0 | -1,276 | 1,276 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 7,151 | 321 | 15,811 | -20,351 | ||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -13,550 | 13,550 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | -30 | |
| cash flow from financing | 0 | 0 | -13,550 | 20,351 | 0 | 0 | -30 | |
| cash and cash equivalents | ||||||||
| cash | 7,151 | 321 | -2,261 | 2,261 | 0 | 0 | -1,886 | 1,886 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 7,151 | 321 | -2,261 | 2,261 | 0 | 0 | -1,886 | 1,886 |
craicni c.i.c. Credit Report and Business Information
Craicni C.i.c. Competitor Analysis
Perform a competitor analysis for craicni c.i.c. by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in BT8 area or any other competitors across 12 key performance metrics.
craicni c.i.c. Ownership
CRAICNI C.I.C. group structure
Craicni C.I.C. has no subsidiary companies.
Ultimate parent company
CRAICNI C.I.C.
NI631525
craicni c.i.c. directors
Craicni C.I.C. currently has 6 directors. The longest serving directors include Ms Eileen Chan-Hu (May 2015) and Mr Ismaila Neill (Jul 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Eileen Chan-Hu | Northern Ireland | 54 years | May 2015 | - | Director |
| Mr Ismaila Neill | Northern Ireland | 31 years | Jul 2018 | - | Director |
| Mr Veera Govil | 34 years | Jun 2022 | - | Director | |
| Mrs Magdalena Houston | 61 years | Jun 2022 | - | Director | |
| Dr Jessica Blomkvist | 46 years | Jun 2022 | - | Director | |
| Mr Michael Sowney | 34 years | Mar 2023 | - | Director |
P&L
March 2024turnover
11.9k
+201%
operating profit
7k
-203%
gross margin
78.2%
-181.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-2.2k
-0.76%
total assets
7.5k
+22.28%
cash
7.5k
+22.28%
net assets
Total assets minus all liabilities
craicni c.i.c. company details
company number
NI631525
Type
Private Ltd By Guarantee w/o Share Cap
industry
85520 - Cultural education
incorporation date
May 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
23 ballylenaghan avenue, belfast, co antrim, BT8 6WX
Bank
-
Legal Advisor
-
craicni c.i.c. 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 craicni c.i.c..
craicni c.i.c. 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 CRAICNI C.I.C.. This can take several minutes, an email will notify you when this has completed.
craicni c.i.c. Companies House Filings - See Documents
| date | description | view/download |
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