blue arrow ltd.

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blue arrow ltd. Company Information

Share BLUE ARROW LTD.

Company Number

00641659

Shareholders

blue arrow holdings ltd

Group Structure

View All

Industry

Temporary employment agency activities

 

Registered Address

33 soho square, london, W1D 3QU

blue arrow ltd. Estimated Valuation

£101.1m

Pomanda estimates the enterprise value of BLUE ARROW LTD. at £101.1m based on a Turnover of £269.3m and 0.38x industry multiple (adjusted for size and gross margin).

blue arrow ltd. Estimated Valuation

£83.8m

Pomanda estimates the enterprise value of BLUE ARROW LTD. at £83.8m based on an EBITDA of £14.9m and a 5.61x industry multiple (adjusted for size and gross margin).

blue arrow ltd. Estimated Valuation

£70.2m

Pomanda estimates the enterprise value of BLUE ARROW LTD. at £70.2m based on Net Assets of £45.9m and 1.53x industry multiple (adjusted for liquidity).

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Blue Arrow Ltd. Overview

Blue Arrow Ltd. is a live company located in london, W1D 3QU with a Companies House number of 00641659. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in November 1959, it's largest shareholder is blue arrow holdings ltd with a 100% stake. Blue Arrow Ltd. is a mature, mega sized company, Pomanda has estimated its turnover at £269.3m with declining growth in recent years.

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Blue Arrow Ltd. Health Check

Pomanda's financial health check has awarded Blue Arrow Ltd. a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £269.3m, make it larger than the average company (£13.6m)

£269.3m - Blue Arrow Ltd.

£13.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (8%)

-1% - Blue Arrow Ltd.

8% - Industry AVG

production

Production

with a gross margin of 15.7%, this company has a comparable cost of product (17.7%)

15.7% - Blue Arrow Ltd.

17.7% - Industry AVG

profitability

Profitability

an operating margin of 5.2% make it more profitable than the average company (2.5%)

5.2% - Blue Arrow Ltd.

2.5% - Industry AVG

employees

Employees

with 10420 employees, this is above the industry average (49)

10420 - Blue Arrow Ltd.

49 - Industry AVG

paystructure

Pay Structure

on an average salary of £23.9k, the company has a lower pay structure (£49.1k)

£23.9k - Blue Arrow Ltd.

£49.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £25.8k, this is less efficient (£243.6k)

£25.8k - Blue Arrow Ltd.

£243.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 36 days, this is near the average (43 days)

36 days - Blue Arrow Ltd.

43 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2 days, this is quicker than average (3 days)

2 days - Blue Arrow Ltd.

3 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Blue Arrow Ltd.

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)

0 weeks - Blue Arrow Ltd.

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 69.7%, this is a similar level of debt than the average (69.3%)

69.7% - Blue Arrow Ltd.

69.3% - Industry AVG

BLUE ARROW LTD. financials

EXPORTms excel logo

Blue Arrow Ltd.'s latest turnover from March 2024 is £269.3 million and the company has net assets of £45.9 million. According to their latest financial statements, Blue Arrow Ltd. has 10,420 employees and maintains cash reserves of £146 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Dec 2022Dec 2021Jan 2021Jan 2020Jan 2019Dec 2017Dec 2016Jan 2016Jan 2015Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover269,307,000246,161,000275,330,000237,166,000259,137,000286,324,000285,236,000320,097,000391,704,000378,380,000376,784,000397,290,000358,448,000336,709,000297,906,000
Other Income Or Grants000000000000000
Cost Of Sales226,972,000208,188,000242,558,000219,360,000221,159,000246,251,000245,415,000277,222,000342,213,000331,709,000331,680,000352,344,000311,528,000290,381,000255,132,000
Gross Profit42,335,00037,973,00032,772,00017,806,00037,978,00040,073,00039,821,00042,875,00049,491,00046,671,00045,104,00044,946,00046,920,00046,328,00042,774,000
Admin Expenses28,277,00031,083,00027,825,00016,548,00033,955,00033,468,00033,413,00036,910,00039,497,00035,192,00031,390,00033,673,00034,861,00036,107,00037,435,000
Operating Profit14,058,0006,890,0004,947,0001,258,0004,023,0006,605,0006,408,0005,965,0009,994,00011,479,00013,714,00011,273,00012,059,00010,221,0005,339,000
Interest Payable2,197,000242,000224,000306,000445,000226,000168,000130,000648,000802,000701,000650,000625,000919,000747,000
Interest Receivable31,00030,00047,00061,00092,0000000000013,00091,000
Pre-Tax Profit11,892,0006,678,0004,770,0001,013,0003,670,0006,379,0006,240,0005,835,0009,346,00010,677,00013,013,00010,623,00011,434,0009,315,0004,683,000
Tax-971,000-1,524,000-938,000332,000-1,485,000-1,398,000-1,856,000-809,000-2,479,000-2,250,000-4,035,000-2,788,000-2,952,000-2,986,0001,442,000
Profit After Tax10,921,0005,154,0003,832,0001,345,0002,185,0004,981,0004,384,0005,026,0006,867,0008,427,0008,978,0007,835,0008,482,0006,329,0006,125,000
Dividends Paid20,000,00000010,600,00018,445,000000000000
Retained Profit-9,079,0005,154,0003,832,0001,345,000-8,415,000-13,464,0004,384,0005,026,0006,867,0008,427,0008,978,0007,835,0008,482,0006,329,0006,125,000
Employee Costs248,621,00020,281,00018,028,00015,408,00020,107,00022,096,00023,702,00025,596,00029,181,00023,871,00022,109,00022,199,00024,053,00024,603,00025,227,000
Number Of Employees10,420414377434527558655735805714668688743725746
EBITDA*14,933,0007,836,0006,296,0003,316,0006,265,0007,427,0007,217,0006,746,00010,667,00012,277,00014,710,00012,559,00013,335,00011,793,0007,012,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Dec 2022Dec 2021Jan 2021Jan 2020Jan 2019Dec 2017Dec 2016Jan 2016Jan 2015Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets251,0001,932,0002,249,0003,285,0004,722,0001,167,0001,611,0001,604,0001,767,0001,606,0001,088,0001,409,0002,254,0002,088,0002,879,000
Intangible Assets1,146,000907,000909,000912,000929,0001,071,0001,226,0001,242,0001,521,0001,025,0001,157,0001,407,0001,657,0001,907,0002,157,000
Investments & Other0534,000640,000394,000313,000318,00000413,000609,00000000
Debtors (Due After 1 year)287,000051,347,00060,060,0002,383,0000000000000
Total Fixed Assets1,684,0003,373,00055,145,00064,651,0008,347,0002,556,0002,837,0002,846,0003,701,0003,240,0002,245,0002,816,0003,911,0003,995,0005,036,000
Stock & work in progress000000000000000
Trade Debtors26,984,00038,403,00039,694,00034,342,00046,210,00046,274,00050,543,00064,372,00058,699,00052,152,00048,655,00052,180,00048,558,00047,547,00050,454,000
Group Debtors119,314,00054,034,0005,342,0002,573,00037,586,00058,289,000126,149,000102,893,00051,971,00063,006,00050,425,00036,027,00027,113,00018,944,00023,803,000
Misc Debtors3,420,0003,972,0006,467,0006,977,0005,174,000885,0006,900,0006,169,0007,417,0005,953,0005,854,0006,229,0005,163,0006,024,0005,605,000
Cash146,0003,289,0002,063,0003,569,0004,797,0001,935,00013,172,0001,762,00010,383,0002,376,0001,477,00012,000230,00024,00025,000
misc current assets000086,000265,000185,000336,0000606,00000000
total current assets149,864,00099,698,00053,566,00047,461,00093,853,000107,648,000196,949,000175,532,000128,470,000124,093,000106,411,00094,448,00081,064,00072,539,00079,887,000
total assets151,548,000103,071,000108,711,000112,112,000102,200,000110,204,000199,786,000178,378,000132,171,000127,333,000108,656,00097,264,00084,975,00076,534,00084,923,000
Bank overdraft000000000005,111,00007,444,000521,000
Bank loan000000000000000
Trade Creditors 1,751,000991,0001,863,0002,141,0001,782,0001,875,000545,000103,00021,0001,105,0001,033,0001,498,0002,111,0002,659,0001,775,000
Group/Directors Accounts57,466,00016,826,00018,478,00017,021,00020,117,00021,057,00088,225,00070,375,00032,389,00020,105,00012,383,0001,664,00012,984,0008,849,00017,963,000
other short term finances22,947,0000000000014,252,00019,766,00015,170,00011,085,0007,000,00022,221,000
hp & lease commitments100,0001,208,0001,288,0002,079,0002,284,0000000000003,000
other current liabilities23,161,00030,048,00036,795,00042,615,00030,641,00036,324,00045,247,00046,586,00043,443,00041,991,00033,442,00040,143,00032,744,00032,032,00026,919,000
total current liabilities105,425,00049,073,00058,424,00063,856,00054,824,00059,256,000134,017,000117,064,00075,853,00077,453,00066,624,00063,586,00058,924,00057,984,00069,402,000
loans000000000000000
hp & lease commitments143,00000000000000000
Accruals and Deferred Income000000000000000
other liabilities01,059,0002,102,0003,169,0004,035,0000000000000
provisions93,000433,000833,0001,567,0001,166,000358,000325,000254,000284,000713,0001,292,0001,916,0002,124,0003,105,0006,405,000
total long term liabilities236,0001,492,0002,935,0004,736,0005,201,000358,000325,000254,000284,000713,0001,292,0001,916,0002,124,0003,105,0006,405,000
total liabilities105,661,00050,565,00061,359,00068,592,00060,025,00059,614,000134,342,000117,318,00076,137,00078,166,00067,916,00065,502,00061,048,00061,089,00075,807,000
net assets45,887,00052,506,00047,352,00043,520,00042,175,00050,590,00065,444,00061,060,00056,034,00049,167,00040,740,00031,762,00023,927,00015,445,0009,116,000
total shareholders funds45,887,00052,506,00047,352,00043,520,00042,175,00050,590,00065,444,00061,060,00056,034,00049,167,00040,740,00031,762,00023,927,00015,445,0009,116,000
Mar 2024Dec 2022Dec 2021Jan 2021Jan 2020Jan 2019Dec 2017Dec 2016Jan 2016Jan 2015Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit14,058,0006,890,0004,947,0001,258,0004,023,0006,605,0006,408,0005,965,0009,994,00011,479,00013,714,00011,273,00012,059,00010,221,0005,339,000
Depreciation451,000945,0001,346,0002,042,0002,099,000597,000578,000587,000254,000548,000746,0001,036,0001,026,0001,322,0001,422,000
Amortisation424,0001,0003,00016,000143,000225,000231,000194,000419,000250,000250,000250,000250,000250,000251,000
Tax-971,000-1,524,000-938,000332,000-1,485,000-1,398,000-1,856,000-809,000-2,479,000-2,250,000-4,035,000-2,788,000-2,952,000-2,986,0001,442,000
Stock000000000000000
Debtors150,005,000-6,441,00011,497,00012,599,000-14,095,000105,448,00010,158,00052,323,000-3,024,000121,111,00010,498,00013,602,0008,319,000-7,347,00079,862,000
Creditors1,751,000-872,00081,000359,000-93,0001,875,000442,000-1,002,000-1,084,0001,105,000-465,000-613,000-548,000884,0001,775,000
Accruals and Deferred Income23,161,000-6,747,0006,154,00011,974,000-5,683,00036,324,000-1,339,0004,595,0001,452,00041,991,000-6,701,0007,399,000712,0005,113,00026,919,000
Deferred Taxes & Provisions93,000-400,000-333,000401,000808,000358,00071,000-459,000-429,000713,000-624,000-208,000-981,000-3,300,0006,405,000
Cash flow from operations-111,038,0004,734,000-237,0003,783,00013,907,000-60,862,000-5,623,000-43,252,00011,151,000-67,275,000-7,613,0002,747,0001,247,00018,851,000-36,309,000
Investing Activities
capital expenditure-2,272,000-627,0001,144,000-604,000-5,655,000-3,060,000-800,000-996,000-1,330,000-3,429,000-425,000-191,000-1,192,000-531,000-6,709,000
Change in Investments0-106,000327,00081,000-5,000318,0000-609,000-196,000609,00000000
cash flow from investments-2,272,000-521,000817,000-685,000-5,650,000-3,378,000-800,000-387,000-1,134,000-4,038,000-425,000-191,000-1,192,000-531,000-6,709,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts57,466,000-1,652,000-1,639,000-3,096,000-940,00021,057,00017,850,00050,270,00012,284,00020,105,00010,719,000-11,320,0004,135,000-9,114,00017,963,000
Other Short Term Loans 22,947,000000000-14,252,000-14,252,00014,252,0004,596,0004,085,0004,085,000-15,221,00022,221,000
Long term loans000000000000000
Hire Purchase and Lease Commitments243,000-80,000-996,000-205,0002,284,00000000000-3,0003,000
other long term liabilities0-1,043,000-1,933,000-866,0004,035,0000000000000
share issue54,966,00001,345,0000064,054,00006,867,000040,740,00000002,991,000
interest-2,166,000-212,000-177,000-245,000-353,000-226,000-168,000-130,000-648,000-802,000-701,000-650,000-625,000-906,000-656,000
cash flow from financing133,456,000-2,987,000-3,400,000-4,412,0005,026,00084,885,00017,682,00042,755,000-2,616,00074,295,00014,614,000-7,885,0007,595,000-25,244,00042,522,000
cash and cash equivalents
cash146,0001,226,000-2,734,000-1,228,0002,862,0001,935,00011,410,000-614,0008,007,0002,376,0001,465,000-218,000206,000-1,00025,000
overdraft0000000000-5,111,0005,111,000-7,444,0006,923,000521,000
change in cash146,0001,226,000-2,734,000-1,228,0002,862,0001,935,00011,410,000-614,0008,007,0002,376,0006,576,000-5,329,0007,650,000-6,924,000-496,000

blue arrow ltd. Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Blue Arrow Ltd. Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for blue arrow ltd. by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in W1D area or any other competitors across 12 key performance metrics.

blue arrow ltd. Ownership

BLUE ARROW LTD. group structure

Blue Arrow Ltd. has 1 subsidiary company.

BLUE ARROW LTD. Shareholders

blue arrow holdings ltd 100%

blue arrow ltd. directors

Blue Arrow Ltd. currently has 2 directors. The longest serving directors include Ms Rebecca Watson (Mar 2023) and Mr Phillip Thomas (Apr 2024).

officercountryagestartendrole
Ms Rebecca WatsonUnited Kingdom55 years Mar 2023- Director
Mr Phillip ThomasUnited Kingdom46 years Apr 2024- Director

P&L

March 2024

turnover

269.3m

0%

operating profit

14.1m

0%

gross margin

15.8%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

45.9m

0%

total assets

151.5m

0%

cash

146k

0%

net assets

Total assets minus all liabilities

blue arrow ltd. company details

company number

00641659

Type

Private limited with Share Capital

industry

78200 - Temporary employment agency activities

incorporation date

November 1959

age

66

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

March 2024

previous names

blue arrow personnel services limited (June 2000)

barnet agency limited (October 1982)

accountant

-

auditor

COOPER PARRY GROUP LIMITED

address

33 soho square, london, W1D 3QU

Bank

BARCLAYS BANK PLC

Legal Advisor

-

blue arrow 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 found 39 charges/mortgages relating to blue arrow ltd.. Currently there are 10 open charges and 29 have been satisfied in the past.

blue arrow 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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blue arrow ltd. Companies House Filings - See Documents

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