c.b. baggs group limited
c.b. baggs group limited Company Information
Company Number
00363675
Website
www.cbbaggs.co.ukRegistered Address
unit 9 harrier road, humber bridge industrial estate, barton upon humber, north lincolnshire, DN18 5RP
Industry
Activities of head offices
Telephone
01652637121
Next Accounts Due
4 days late
Group Structure
View All
Shareholders
weldtite manufacturing limited 100%
c.b. baggs group limited Estimated Valuation
Pomanda estimates the enterprise value of C.B. BAGGS GROUP LIMITED at £518.5k based on a Turnover of £746.9k and 0.69x industry multiple (adjusted for size and gross margin).
c.b. baggs group limited Estimated Valuation
Pomanda estimates the enterprise value of C.B. BAGGS GROUP LIMITED at £115.5k based on an EBITDA of £24.9k and a 4.64x industry multiple (adjusted for size and gross margin).
c.b. baggs group limited Estimated Valuation
Pomanda estimates the enterprise value of C.B. BAGGS GROUP LIMITED at £12.5m based on Net Assets of £4.4m and 2.83x industry multiple (adjusted for liquidity).
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C.b. Baggs Group Limited Overview
C.b. Baggs Group Limited is a live company located in barton upon humber, DN18 5RP with a Companies House number of 00363675. It operates in the activities of head offices sector, SIC Code 70100. Founded in October 1940, it's largest shareholder is weldtite manufacturing limited with a 100% stake. C.b. Baggs Group Limited is a mature, small sized company, Pomanda has estimated its turnover at £746.9k with declining growth in recent years.
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C.b. Baggs Group Limited Health Check
Pomanda's financial health check has awarded C.B. Baggs Group Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £746.9k, make it smaller than the average company (£20m)
- C.b. Baggs Group Limited
£20m - Industry AVG
Growth
3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (3%)
- C.b. Baggs Group Limited
3% - Industry AVG
Production
with a gross margin of 33.1%, this company has a comparable cost of product (33.1%)
- C.b. Baggs Group Limited
33.1% - Industry AVG
Profitability
an operating margin of 2.6% make it less profitable than the average company (6%)
- C.b. Baggs Group Limited
6% - Industry AVG
Employees
with 7 employees, this is below the industry average (118)
7 - C.b. Baggs Group Limited
118 - Industry AVG
Pay Structure
on an average salary of £45.7k, the company has an equivalent pay structure (£45.7k)
- C.b. Baggs Group Limited
£45.7k - Industry AVG
Efficiency
resulting in sales per employee of £106.7k, this is less efficient (£187.7k)
- C.b. Baggs Group Limited
£187.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- C.b. Baggs Group Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (45 days)
- C.b. Baggs Group Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- C.b. Baggs Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (15 weeks)
4 weeks - C.b. Baggs Group Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.6%, this is a lower level of debt than the average (57.4%)
2.6% - C.b. Baggs Group Limited
57.4% - Industry AVG
C.B. BAGGS GROUP LIMITED financials
C.B. Baggs Group Limited's latest turnover from December 2022 is estimated at £746.9 thousand and the company has net assets of £4.4 million. According to their latest financial statements, C.B. Baggs Group Limited has 7 employees and maintains cash reserves of £10.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,269,076 | 1,467,000 | ||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 674,786 | 729,761 | ||||||||||||
| Interest Payable | 0 | 0 | ||||||||||||
| Interest Receivable | 7,863 | 13,661 | ||||||||||||
| Pre-Tax Profit | 1,032,649 | 1,577,422 | ||||||||||||
| Tax | -63,478 | -141,257 | ||||||||||||
| Profit After Tax | 969,171 | 1,436,165 | ||||||||||||
| Dividends Paid | 650,000 | 646,500 | ||||||||||||
| Retained Profit | 319,171 | 789,665 | ||||||||||||
| Employee Costs | 315,926 | 597,671 | ||||||||||||
| Number Of Employees | 7 | 52 | 54 | 11 | 7 | 9 | 6 | 7 | ||||||
| EBITDA* | 681,138 | 734,332 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,383 | 7,554 | 104,544 | 105,412 | 106,420 | 124,415 | 144,793 | 169,498 | 162,406 | 151,063 | 902,914 | 839,349 | 850,738 | 836,502 |
| Intangible Assets | 0 | 1,224 | 2,412 | 0 | 0 | 2,499 | 4,999 | 7,499 | 9,999 | 12,499 | 14,999 | 17,499 | 19,999 | 39,166 |
| Investments & Other | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 78,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,383 | 9,778 | 107,956 | 106,412 | 107,420 | 127,914 | 150,792 | 254,997 | 173,405 | 164,562 | 918,913 | 857,848 | 871,737 | 876,668 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,008,646 | 904,001 | 1,344,078 | 1,082,104 | 760,251 | 686,420 |
| Group Debtors | 4,436,761 | 4,449,180 | 1,871,991 | 2,025,808 | 1,302,778 | 1,693,972 | 1,462,819 | 1,530,195 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 96,947 | 60,645 | 60,578 | 55,965 | 50,976 | 51,522 | 48,669 | 50,189 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 10,050 | 100,994 | 2,580,773 | 1,478,709 | 1,899,056 | 983,747 | 802,170 | 590,762 | 86,073 | 1,269,687 | 635,160 | 349,400 | 323,289 | 320,421 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,543,758 | 4,610,819 | 4,513,342 | 3,560,482 | 3,252,810 | 2,729,241 | 2,313,658 | 2,171,146 | 1,094,719 | 2,173,688 | 1,979,238 | 1,431,504 | 1,083,540 | 1,006,841 |
| total assets | 4,548,141 | 4,620,597 | 4,621,298 | 3,666,894 | 3,360,230 | 2,857,155 | 2,464,450 | 2,426,143 | 1,268,124 | 2,338,250 | 2,898,151 | 2,289,352 | 1,955,277 | 1,883,509 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,150 | 10,054 | 36,115 | 0 | 0 | 0 | 0 | 0 | 399,213 | 988,068 | 342,247 | 275,366 | 468,049 | 154,734 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 135,000 | 420,224 | 79,107 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| other current liabilities | 112,337 | 195,501 | 490,753 | 369,401 | 529,457 | 263,681 | 294,332 | 243,606 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 115,487 | 205,555 | 526,868 | 369,401 | 529,457 | 398,681 | 714,556 | 322,713 | 399,213 | 988,068 | 342,247 | 275,366 | 468,049 | 154,734 |
| loans | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 460 | 207 | 0 | 0 | 0 | 0 | 0 | 945 | 456 | 0 | 3,532 | 5,444 | 732 | 734 |
| total long term liabilities | 460 | 207 | 0 | 0 | 0 | 0 | 0 | 945 | 456 | 0 | 3,532 | 5,444 | 732 | 734 |
| total liabilities | 115,947 | 205,762 | 526,868 | 369,401 | 529,457 | 398,681 | 714,556 | 323,658 | 399,669 | 988,068 | 345,779 | 280,810 | 468,781 | 155,468 |
| net assets | 4,432,194 | 4,414,835 | 4,094,430 | 3,297,493 | 2,830,773 | 2,458,474 | 1,749,894 | 2,102,485 | 868,455 | 1,350,182 | 2,552,372 | 2,008,542 | 1,486,496 | 1,728,041 |
| total shareholders funds | 4,432,194 | 4,414,835 | 4,094,430 | 3,297,493 | 2,830,773 | 2,458,474 | 1,749,894 | 2,102,485 | 868,455 | 1,350,182 | 2,552,372 | 2,008,542 | 1,486,496 | 1,728,041 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 674,786 | 729,761 | ||||||||||||
| Depreciation | 4,171 | 5,164 | 3,383 | 4,192 | 10,542 | 25,507 | 28,846 | 32,497 | 26,344 | 42,980 | 39,143 | 44,021 | 48,902 | 45,225 |
| Amortisation | 1,224 | 1,188 | 1,188 | 0 | 2,499 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 19,167 | 16,667 |
| Tax | -63,478 | -141,257 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 23,883 | 2,577,256 | -149,204 | 728,019 | -391,740 | 234,006 | -68,896 | 571,738 | 104,645 | -440,077 | 261,974 | 321,853 | 73,831 | 686,420 |
| Creditors | -6,904 | -26,061 | 36,115 | 0 | 0 | 0 | 0 | -399,213 | -588,855 | 645,821 | 66,881 | -192,683 | 313,315 | 154,734 |
| Accruals and Deferred Income | -83,164 | -295,252 | 121,352 | -160,056 | 265,776 | -30,651 | 50,726 | 243,606 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 253 | 207 | 0 | 0 | 0 | 0 | -945 | 489 | 456 | -3,532 | -1,912 | 4,712 | -2 | 734 |
| Cash flow from operations | -2,280,702 | 899,746 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | -359,853 | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -77,000 | 77,000 | 0 | 0 | 0 | 0 | 0 | 1,000 |
| cash flow from investments | -360,853 | |||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -135,000 | -285,224 | 341,117 | 79,107 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 7,863 | 13,661 | ||||||||||||
| cash flow from financing | 9,097 | 20,933 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -90,944 | -2,479,779 | 1,102,064 | -420,347 | 915,309 | 181,577 | 211,408 | 504,689 | -1,183,614 | 634,527 | 285,760 | 26,111 | 2,868 | 320,421 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -90,944 | -2,479,779 | 1,102,064 | -420,347 | 915,309 | 181,577 | 211,408 | 504,689 | -1,183,614 | 634,527 | 285,760 | 26,111 | 2,868 | 320,421 |
c.b. baggs group limited Credit Report and Business Information
C.b. Baggs Group Limited Competitor Analysis
Perform a competitor analysis for c.b. baggs group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in DN18 area or any other competitors across 12 key performance metrics.
c.b. baggs group limited Ownership
C.B. BAGGS GROUP LIMITED group structure
C.B. Baggs Group Limited has 1 subsidiary company.
Ultimate parent company
1 parent
C.B. BAGGS GROUP LIMITED
00363675
1 subsidiary
c.b. baggs group limited directors
C.B. Baggs Group Limited currently has 4 directors. The longest serving directors include Mr David Bennett Baggs (Mar 1992) and Mr Jonathan Bennett-Baggs (Mar 1992).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Bennett Baggs | 64 years | Mar 1992 | - | Director | |
| Mr Jonathan Bennett-Baggs | 66 years | Mar 1992 | - | Director | |
| Mr Charles Bennett-Baggs | England | 72 years | Mar 1992 | - | Director |
| Mr Paul Davis | United Kingdom | 56 years | Jan 2018 | - | Director |
P&L
December 2022turnover
746.9k
-41%
operating profit
19.5k
0%
gross margin
33.2%
+1.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
4.4m
0%
total assets
4.5m
-0.02%
cash
10.1k
-0.9%
net assets
Total assets minus all liabilities
c.b. baggs group limited company details
company number
00363675
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
October 1940
age
84
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
unit 9 harrier road, humber bridge industrial estate, barton upon humber, north lincolnshire, DN18 5RP
accountant
SMAILES GOLDIE
auditor
-
c.b. baggs group 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 9 charges/mortgages relating to c.b. baggs group limited. Currently there are 2 open charges and 7 have been satisfied in the past.
c.b. baggs group limited Companies House Filings - See Documents
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