carmichael sales ltd
carmichael sales ltd Company Information
Company Number
SC422405
Next Accounts
Mar 2025
Directors
Shareholders
yvonne carmichael
alistair carmichael
View AllGroup Structure
View All
Industry
Manufacture of jewellery and related articles
Registered Address
c/o thomson cooper, 3 castle cou, carnegie campus, dunfermline, KY11 8PB
Website
www.carmichael-css.co.ukcarmichael sales ltd Estimated Valuation
Pomanda estimates the enterprise value of CARMICHAEL SALES LTD at £128.4k based on a Turnover of £157.3k and 0.82x industry multiple (adjusted for size and gross margin).
carmichael sales ltd Estimated Valuation
Pomanda estimates the enterprise value of CARMICHAEL SALES LTD at £0 based on an EBITDA of £-97.8k and a 5.72x industry multiple (adjusted for size and gross margin).
carmichael sales ltd Estimated Valuation
Pomanda estimates the enterprise value of CARMICHAEL SALES LTD at £2.8m based on Net Assets of £1.1m and 2.58x industry multiple (adjusted for liquidity).
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Carmichael Sales Ltd Overview
Carmichael Sales Ltd is a dissolved company that was located in dunfermline, KY11 8PB with a Companies House number of SC422405. It operated in the manufacture of jewellery and related articles sector, SIC Code 32120. Founded in April 2012, it's largest shareholder was yvonne carmichael with a 76% stake. The last turnover for Carmichael Sales Ltd was estimated at £157.3k.
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Carmichael Sales Ltd Health Check
Pomanda's financial health check has awarded Carmichael Sales Ltd a 3.5 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
2 Regular
5 Weak
Size
annual sales of £157.3k, make it smaller than the average company (£1.7m)
- Carmichael Sales Ltd
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (-7.2%)
- Carmichael Sales Ltd
-7.2% - Industry AVG
Production
with a gross margin of 35.9%, this company has a comparable cost of product (35.9%)
- Carmichael Sales Ltd
35.9% - Industry AVG
Profitability
an operating margin of -69.7% make it less profitable than the average company (2.5%)
- Carmichael Sales Ltd
2.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (13)
3 - Carmichael Sales Ltd
13 - Industry AVG
Pay Structure
on an average salary of £29.9k, the company has an equivalent pay structure (£29.9k)
- Carmichael Sales Ltd
£29.9k - Industry AVG
Efficiency
resulting in sales per employee of £52.4k, this is less efficient (£130.9k)
- Carmichael Sales Ltd
£130.9k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (43 days)
- Carmichael Sales Ltd
43 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Carmichael Sales Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Carmichael Sales Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 115 weeks, this is more cash available to meet short term requirements (18 weeks)
115 weeks - Carmichael Sales Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.8%, this is a lower level of debt than the average (49.2%)
8.8% - Carmichael Sales Ltd
49.2% - Industry AVG
CARMICHAEL SALES LTD financials
Carmichael Sales Ltd's latest turnover from January 2021 is estimated at £157.3 thousand and the company has net assets of £1.1 million. According to their latest financial statements, Carmichael Sales Ltd has 3 employees and maintains cash reserves of £234.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 5 | 7 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 220,000 | 182,097 | 184,547 | 186,727 | 189,267 | 187,257 | 17,561 | 13,300 | 14,872 |
| Intangible Assets | 2,120 | 3,180 | 4,240 | 5,300 | 6,360 | 7,420 | 8,480 | 9,540 | |
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 220,000 | 184,217 | 187,727 | 190,967 | 194,567 | 193,617 | 24,981 | 21,780 | 24,412 |
| Stock & work in progress | 17,500 | 23,300 | 45,540 | 98,033 | 154,234 | 197,878 | 68,971 | 65,659 | |
| Trade Debtors | 970 | 67,018 | |||||||
| Group Debtors | |||||||||
| Misc Debtors | 738,361 | 728,215 | 728,215 | 632,663 | 338,663 | 268,070 | |||
| Cash | 234,102 | 235,422 | 250,875 | 314,110 | 483,335 | 343,324 | 511,558 | 278,595 | 140,855 |
| misc current assets | |||||||||
| total current assets | 973,433 | 981,137 | 1,002,390 | 992,313 | 920,031 | 832,646 | 709,436 | 347,566 | 206,514 |
| total assets | 1,193,433 | 1,165,354 | 1,190,117 | 1,183,280 | 1,114,598 | 1,026,263 | 734,417 | 369,346 | 230,926 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 1 | 9,041 | 10,133 | 171,489 | 149,682 | 100,793 | |||
| Group/Directors Accounts | 286 | ||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 105,332 | 15,457 | 22,673 | 66,441 | 101,147 | 220,583 | |||
| total current liabilities | 105,332 | 15,457 | 22,673 | 66,442 | 110,188 | 230,716 | 171,775 | 149,682 | 100,793 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 105,332 | 15,457 | 22,673 | 66,442 | 110,188 | 230,716 | 171,775 | 149,682 | 100,793 |
| net assets | 1,088,101 | 1,149,897 | 1,167,444 | 1,116,838 | 1,004,410 | 795,547 | 562,642 | 219,664 | 130,133 |
| total shareholders funds | 1,088,101 | 1,149,897 | 1,167,444 | 1,116,838 | 1,004,410 | 795,547 | 562,642 | 219,664 | 130,133 |
| Jan 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 9,767 | 2,450 | 2,180 | 2,540 | 2,989 | 2,634 | 3,098 | 2,231 | 2,624 |
| Amortisation | 2,120 | 1,060 | 1,060 | 1,060 | 1,060 | 1,060 | 1,060 | 1,060 | 1,060 |
| Tax | |||||||||
| Stock | -17,500 | -5,800 | -22,240 | -52,493 | -56,201 | -43,644 | 128,907 | 3,312 | 65,659 |
| Debtors | 11,116 | 95,552 | 294,000 | 3,575 | 335,088 | ||||
| Creditors | -1 | -9,040 | -1,092 | -161,356 | 21,807 | 48,889 | 100,793 | ||
| Accruals and Deferred Income | 89,875 | -7,216 | -43,768 | -34,706 | -119,436 | 220,583 | |||
| 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 | -286 | 286 | |||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -1,320 | -15,453 | -63,235 | -169,225 | 140,011 | -168,234 | 232,963 | 137,740 | 140,855 |
| overdraft | |||||||||
| change in cash | -1,320 | -15,453 | -63,235 | -169,225 | 140,011 | -168,234 | 232,963 | 137,740 | 140,855 |
carmichael sales ltd Credit Report and Business Information
Carmichael Sales Ltd Competitor Analysis
Perform a competitor analysis for carmichael sales ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in KY11 area or any other competitors across 12 key performance metrics.
carmichael sales ltd Ownership
CARMICHAEL SALES LTD group structure
Carmichael Sales Ltd has no subsidiary companies.
Ultimate parent company
CARMICHAEL SALES LTD
SC422405
carmichael sales ltd directors
Carmichael Sales Ltd currently has 1 director, Mrs Yvonne Carmichael serving since Apr 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Yvonne Carmichael | 67 years | Apr 2012 | - | Director |
P&L
January 2021turnover
157.3k
-28%
operating profit
-109.7k
0%
gross margin
35.9%
-9.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2021net assets
1.1m
-0.05%
total assets
1.2m
+0.02%
cash
234.1k
-0.01%
net assets
Total assets minus all liabilities
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carmichael sales ltd company details
company number
SC422405
Type
Private limited with Share Capital
industry
32120 - Manufacture of jewellery and related articles
incorporation date
April 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2021
previous names
N/A
accountant
J S ACCOUNTING SERVICES LIMITED
auditor
-
address
c/o thomson cooper, 3 castle cou, carnegie campus, dunfermline, KY11 8PB
Bank
-
Legal Advisor
-
carmichael sales ltd 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 carmichael sales ltd.
carmichael sales ltd 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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carmichael sales ltd Companies House Filings - See Documents
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