bishop's move limited
bishop's move limited Company Information
Company Number
00860924
Next Accounts
Feb 2025
Shareholders
bishop & sons depositories ltd
Group Structure
View All
Industry
Removal services
Registered Address
45 gresham street, london, EC2V 7BG
Website
www.bishopsmove.combishop's move limited Estimated Valuation
Pomanda estimates the enterprise value of BISHOP'S MOVE LIMITED at £7.8m based on a Turnover of £13.3m and 0.58x industry multiple (adjusted for size and gross margin).
bishop's move limited Estimated Valuation
Pomanda estimates the enterprise value of BISHOP'S MOVE LIMITED at £1.1m based on an EBITDA of £231.4k and a 4.82x industry multiple (adjusted for size and gross margin).
bishop's move limited Estimated Valuation
Pomanda estimates the enterprise value of BISHOP'S MOVE LIMITED at £2.3m based on Net Assets of £995k and 2.29x industry multiple (adjusted for liquidity).
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Bishop's Move Limited Overview
Bishop's Move Limited is a dissolved company that was located in london, EC2V 7BG with a Companies House number of 00860924. It operated in the removal services sector, SIC Code 49420. Founded in October 1965, it's largest shareholder was bishop & sons depositories ltd with a 100% stake. The last turnover for Bishop's Move Limited was estimated at £13.3m.
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Bishop's Move Limited Health Check
Pomanda's financial health check has awarded Bishop'S Move Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £13.3m, make it larger than the average company (£1m)
£13.3m - Bishop's Move Limited
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (2.5%)
4% - Bishop's Move Limited
2.5% - Industry AVG
Production
with a gross margin of 21.3%, this company has a higher cost of product (37.9%)
21.3% - Bishop's Move Limited
37.9% - Industry AVG
Profitability
an operating margin of 1.7% make it less profitable than the average company (4.3%)
1.7% - Bishop's Move Limited
4.3% - Industry AVG
Employees
with 93 employees, this is above the industry average (41)
93 - Bishop's Move Limited
41 - Industry AVG
Pay Structure
on an average salary of £34.3k, the company has an equivalent pay structure (£30.7k)
£34.3k - Bishop's Move Limited
£30.7k - Industry AVG
Efficiency
resulting in sales per employee of £142.8k, this is more efficient (£74.1k)
£142.8k - Bishop's Move Limited
£74.1k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is near the average (31 days)
31 days - Bishop's Move Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is slower than average (21 days)
26 days - Bishop's Move Limited
21 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (2 days)
0 days - Bishop's Move Limited
2 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (15 weeks)
1 weeks - Bishop's Move Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.1%, this is a higher level of debt than the average (61.4%)
79.1% - Bishop's Move Limited
61.4% - Industry AVG
BISHOP'S MOVE LIMITED financials
Bishop'S Move Limited's latest turnover from December 2018 is £13.3 million and the company has net assets of £995 thousand. According to their latest financial statements, Bishop'S Move Limited has 93 employees and maintains cash reserves of £95.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 13,277,462 | 12,848,633 | 11,413,843 | 11,705,759 | 12,468,969 | 13,730,557 | 13,677,338 | 14,021,475 | 11,096,968 | 10,500,043 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 10,443,906 | 10,194,521 | 9,206,585 | 9,499,297 | 10,084,462 | 8,017,839 | ||||
| Gross Profit | 2,833,556 | 2,654,112 | 2,207,258 | 2,206,462 | 2,384,507 | 2,482,204 | ||||
| Admin Expenses | 2,602,141 | 2,388,992 | 2,164,666 | 2,391,820 | 2,563,142 | 2,685,819 | ||||
| Operating Profit | 231,415 | 265,120 | 42,592 | -185,358 | -178,635 | -203,615 | ||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 231,415 | 265,120 | 42,592 | -185,358 | 178,635 | 175,829 | 183,592 | -14,195 | -226,454 | -203,615 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 231,415 | 265,120 | 42,592 | -185,358 | 178,635 | 175,829 | 183,592 | -14,195 | -226,454 | -203,615 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 231,415 | 265,120 | 42,592 | -185,358 | 178,635 | 175,829 | 183,592 | -14,195 | -226,454 | -203,615 |
| Employee Costs | 3,192,592 | 2,800,140 | 2,841,084 | 3,272,141 | 3,053,813 | 3,104,604 | 3,089,100 | 3,116,513 | 3,045,605 | 3,294,970 |
| Number Of Employees | 93 | 103 | 38 | 104 | 122 | 74 | 75 | 76 | 75 | 79 |
| EBITDA* | 231,415 | 265,120 | 42,592 | -185,358 | -178,635 | -199,222 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,973 | 15,502 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,973 | 15,502 |
| Stock & work in progress | 14,274 | 15,338 | 17,139 | 22,251 | 28,764 | 28,005 | 30,893 | 30,528 | 37,957 | 37,508 |
| Trade Debtors | 1,152,301 | 1,108,838 | 989,496 | 1,070,157 | 741,263 | 934,946 | 900,470 | 1,065,661 | 1,192,315 | 1,086,012 |
| Group Debtors | 0 | 606,005 | 395,236 | 561,164 | 1,131,591 | 137,889 | 165,871 | 119,276 | 101,264 | 35,941 |
| Misc Debtors | 0 | 352,666 | 516,453 | 323,485 | 162,318 | 297,712 | 301,970 | 310,992 | 174,943 | 313,148 |
| Cash | 95,417 | 312,669 | 153,222 | 119,311 | 4,529 | 715,915 | 562,222 | 652,866 | 594,100 | 1,221,638 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,757,198 | 2,395,516 | 2,071,546 | 2,096,368 | 2,068,465 | 2,114,467 | 1,961,426 | 2,179,323 | 2,100,579 | 2,694,247 |
| total assets | 4,757,198 | 2,395,516 | 2,071,546 | 2,096,368 | 2,068,465 | 2,114,467 | 1,961,426 | 2,179,323 | 2,110,552 | 2,709,749 |
| Bank overdraft | 0 | 0 | 0 | 0 | 14,453 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 756,691 | 823,360 | 792,033 | 650,535 | 707,533 | 895,069 | 891,753 | 971,940 | 761,405 | 557,036 |
| Group/Directors Accounts | 0 | 24,591 | 107,262 | 157,449 | 54,372 | 65,537 | 113,910 | 286,674 | 478,656 | 1,114,320 |
| other short term finances | 1,814,313 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 728,972 | 618,778 | 749,551 | 650,868 | 691,257 | 668,988 | 817,526 | 753,113 | 694,561 |
| total current liabilities | 3,677,190 | 1,576,923 | 1,518,073 | 1,557,535 | 1,427,226 | 1,651,863 | 1,674,651 | 2,076,140 | 1,993,174 | 2,365,917 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 55,000 | 55,000 | 82,952 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 85,000 | 55,000 | 55,000 | 82,952 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 3,762,190 | 1,631,923 | 1,573,073 | 1,640,487 | 1,427,226 | 1,651,863 | 1,674,651 | 2,076,140 | 1,993,174 | 2,365,917 |
| net assets | 995,008 | 763,593 | 498,473 | 455,881 | 641,239 | 462,604 | 286,775 | 103,183 | 117,378 | 343,832 |
| total shareholders funds | 995,008 | 763,593 | 498,473 | 455,881 | 641,239 | 462,604 | 286,775 | 103,183 | 117,378 | 343,832 |
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 231,415 | 265,120 | 42,592 | -185,358 | -178,635 | -203,615 | ||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,529 | 4,393 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | -1,064 | -1,801 | -5,112 | -6,513 | 759 | -2,888 | 365 | -7,429 | 449 | 37,508 |
| Debtors | -915,208 | 166,324 | -53,621 | -80,366 | 664,625 | 2,236 | -127,618 | 27,407 | 33,421 | 1,435,101 |
| Creditors | -66,669 | 31,327 | 141,498 | -56,998 | -187,536 | 3,316 | -80,187 | 210,535 | 204,369 | 557,036 |
| Accruals and Deferred Income | -728,972 | 110,194 | -130,773 | 98,683 | -40,389 | 22,269 | -148,538 | 64,413 | 58,552 | 694,561 |
| Deferred Taxes & Provisions | -55,000 | 0 | -27,952 | 82,952 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 242,118 | 84,098 | 26,158 | -1,071,944 | -420,234 | |||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -24,591 | -82,671 | -50,187 | 103,077 | -11,165 | -48,373 | -172,764 | -191,982 | -635,664 | 1,114,320 |
| Other Short Term Loans | 1,814,313 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| cash flow from financing | -82,671 | -50,187 | 103,077 | -48,373 | -172,764 | -191,982 | -635,664 | 1,661,767 | ||
| cash and cash equivalents | ||||||||||
| cash | -217,252 | 159,447 | 33,911 | 114,782 | -711,386 | 153,693 | -90,644 | 58,766 | -627,538 | 1,221,638 |
| overdraft | 0 | 0 | 0 | -14,453 | 14,453 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -217,252 | 159,447 | 33,911 | 129,235 | -725,839 | 153,693 | -90,644 | 58,766 | -627,538 | 1,221,638 |
bishop's move limited Credit Report and Business Information
Bishop's Move Limited Competitor Analysis
Perform a competitor analysis for bishop's move limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other undefined companies, companies in EC2V area or any other competitors across 12 key performance metrics.
bishop's move limited Ownership
BISHOP'S MOVE LIMITED group structure
Bishop'S Move Limited has no subsidiary companies.
Ultimate parent company
1 parent
BISHOP'S MOVE LIMITED
00860924
bishop's move limited directors
Bishop'S Move Limited currently has 3 directors. The longest serving directors include Mr Kevin O'Sullivan (May 2000) and Mr Neil Bishop (May 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin O'Sullivan | 62 years | May 2000 | - | Director | |
| Mr Neil Bishop | 50 years | May 2014 | - | Director | |
| Mr Peter Bishop | 58 years | Oct 2016 | - | Director |
P&L
December 2018turnover
13.3m
+3%
operating profit
231.4k
-13%
gross margin
21.4%
+3.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
995k
+0.3%
total assets
4.8m
+0.99%
cash
95.4k
-0.69%
net assets
Total assets minus all liabilities
bishop's move limited company details
company number
00860924
Type
Private limited with Share Capital
industry
49420 - Removal services
incorporation date
October 1965
age
60
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2018
previous names
bishop's move (london) limited (May 2018)
bishop's move(guildford)limited (December 1994)
accountant
-
auditor
MENZIES LLP
address
45 gresham street, london, EC2V 7BG
Bank
-
Legal Advisor
-
bishop's move 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 5 charges/mortgages relating to bishop's move limited. Currently there are 5 open charges and 0 have been satisfied in the past.
bishop's move 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.
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bishop's move limited Companies House Filings - See Documents
| date | description | view/download |
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