clockwise river limited
clockwise river limited Company Information
Company Number
NI654331
Next Accounts
87 days late
Shareholders
clockwise group limited
Group Structure
View All
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Registered Address
48 - 60 high street, belfast, BT1 2BE
Website
clockwisemediagroup.comclockwise river limited Estimated Valuation
Pomanda estimates the enterprise value of CLOCKWISE RIVER LIMITED at £330.2k based on a Turnover of £708.9k and 0.47x industry multiple (adjusted for size and gross margin).
clockwise river limited Estimated Valuation
Pomanda estimates the enterprise value of CLOCKWISE RIVER LIMITED at £583.1k based on an EBITDA of £174.2k and a 3.35x industry multiple (adjusted for size and gross margin).
clockwise river limited Estimated Valuation
Pomanda estimates the enterprise value of CLOCKWISE RIVER LIMITED at £336.9k based on Net Assets of £146.8k and 2.3x industry multiple (adjusted for liquidity).
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Clockwise River Limited Overview
Clockwise River Limited is a live company located in belfast, BT1 2BE with a Companies House number of NI654331. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in July 2018, it's largest shareholder is clockwise group limited with a 100% stake. Clockwise River Limited is a young, small sized company, Pomanda has estimated its turnover at £708.9k with low growth in recent years.
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Clockwise River Limited Health Check
Pomanda's financial health check has awarded Clockwise River Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £708.9k, make it smaller than the average company (£1.7m)
- Clockwise River Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (5.3%)
- Clockwise River Limited
5.3% - Industry AVG
Production
with a gross margin of 23.7%, this company has a higher cost of product (44.1%)
- Clockwise River Limited
44.1% - Industry AVG
Profitability
an operating margin of 23.4% make it more profitable than the average company (6.2%)
- Clockwise River Limited
6.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (17)
- Clockwise River Limited
17 - Industry AVG
Pay Structure
on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)
- Clockwise River Limited
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £177.2k, this is more efficient (£112.6k)
- Clockwise River Limited
£112.6k - Industry AVG
Debtor Days
it gets paid by customers after 113 days, this is later than average (57 days)
- Clockwise River Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 131 days, this is slower than average (33 days)
- Clockwise River Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Clockwise River Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 45 weeks, this is more cash available to meet short term requirements (32 weeks)
45 weeks - Clockwise River Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.8%, this is a higher level of debt than the average (51.9%)
84.8% - Clockwise River Limited
51.9% - Industry AVG
CLOCKWISE RIVER LIMITED financials
Clockwise River Limited's latest turnover from March 2023 is estimated at £708.9 thousand and the company has net assets of £146.8 thousand. According to their latest financial statements, we estimate that Clockwise River Limited has 4 employees and maintains cash reserves of £717.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Dec 2021 | Dec 2020 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| 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
| Mar 2023 | Dec 2021 | Dec 2020 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 9,373 | 17,759 | 1,175 | 1,762 | |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 9,373 | 17,759 | 1,175 | 1,762 | |
| Stock & work in progress | |||||
| Trade Debtors | 220,835 | 196,726 | 231,160 | 71,912 | |
| Group Debtors | 161,030 | 500 | |||
| Misc Debtors | 17,549 | 112,686 | 754 | ||
| Cash | 717,532 | 391,880 | 67,591 | 207,889 | 66,611 |
| misc current assets | |||||
| total current assets | 955,916 | 588,606 | 298,751 | 553,517 | 67,865 |
| total assets | 965,289 | 606,365 | 298,751 | 554,692 | 69,627 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 194,479 | 7,928 | 37,577 | 679,628 | 43,981 |
| Group/Directors Accounts | 1,400 | ||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 624,026 | 501,724 | 196,260 | 162,701 | |
| total current liabilities | 818,505 | 509,652 | 233,837 | 679,628 | 208,082 |
| loans | 514,230 | 369,550 | |||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | 514,230 | 369,550 | |||
| total liabilities | 818,505 | 1,023,882 | 603,387 | 679,628 | 208,082 |
| net assets | 146,784 | -417,517 | -304,636 | -124,936 | -138,455 |
| total shareholders funds | 146,784 | -417,517 | -304,636 | -124,936 | -138,455 |
| Mar 2023 | Dec 2021 | Dec 2020 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 8,386 | 1,175 | 587 | ||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 238,384 | -34,434 | 229,906 | 344,374 | 1,254 |
| Creditors | 194,479 | -29,649 | -6,404 | 635,647 | 43,981 |
| Accruals and Deferred Income | 624,026 | 305,464 | 33,559 | -162,701 | 162,701 |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | -1,400 | -1,400 | 1,400 | ||
| Other Short Term Loans | |||||
| Long term loans | 144,680 | 369,550 | |||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 717,532 | 324,289 | 980 | 141,278 | 66,611 |
| overdraft | |||||
| change in cash | 717,532 | 324,289 | 980 | 141,278 | 66,611 |
clockwise river limited Credit Report and Business Information
Clockwise River Limited Competitor Analysis
Perform a competitor analysis for clockwise river limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in BT1 area or any other competitors across 12 key performance metrics.
clockwise river limited Ownership
CLOCKWISE RIVER LIMITED group structure
Clockwise River Limited has no subsidiary companies.
Ultimate parent company
2 parents
CLOCKWISE RIVER LIMITED
NI654331
clockwise river limited directors
Clockwise River Limited currently has 2 directors. The longest serving directors include Mr James Grabiner (Oct 2021) and Ms Emily Harris (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Grabiner | England | 40 years | Oct 2021 | - | Director |
| Ms Emily Harris | United Kingdom | 33 years | Feb 2023 | - | Director |
P&L
March 2023turnover
708.9k
0%
operating profit
165.8k
0%
gross margin
23.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
146.8k
0%
total assets
965.3k
0%
cash
717.5k
0%
net assets
Total assets minus all liabilities
clockwise river limited company details
company number
NI654331
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
July 2018
age
7
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2023
previous names
N/A
accountant
TC BSG VALENTINE LIMITED
auditor
-
address
48 - 60 high street, belfast, BT1 2BE
Bank
-
Legal Advisor
-
clockwise river 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 found 2 charges/mortgages relating to clockwise river limited. Currently there are 2 open charges and 0 have been satisfied in the past.
clockwise river 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.
Click to start generating capital raising & share issue transactions for CLOCKWISE RIVER LIMITED. This can take several minutes, an email will notify you when this has completed.
clockwise river limited Companies House Filings - See Documents
| date | description | view/download |
|---|
