format of birmingham limited

Dissolved 

format of birmingham limited Company Information

Share FORMAT OF BIRMINGHAM LIMITED

Company Number

01054504

Shareholders

garry william charman

david vice

Group Structure

View All

Industry

Retail sale of second-hand goods (other than antiques and antique books) in stores

 

Registered Address

269 church street, blackpool, lancashire, FY1 3PB

format of birmingham limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of FORMAT OF BIRMINGHAM LIMITED at £1.5m based on a Turnover of £3.2m and 0.47x industry multiple (adjusted for size and gross margin).

format of birmingham limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FORMAT OF BIRMINGHAM LIMITED at £0 based on an EBITDA of £-4.5k and a 3.65x industry multiple (adjusted for size and gross margin).

format of birmingham limited Estimated Valuation

£594.7k

Pomanda estimates the enterprise value of FORMAT OF BIRMINGHAM LIMITED at £594.7k based on Net Assets of £222.5k and 2.67x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Format Of Birmingham Limited Overview

Format Of Birmingham Limited is a dissolved company that was located in lancashire, FY1 3PB with a Companies House number of 01054504. It operated in the retail sale of other second-hand goods in stores (not incl. antiques) sector, SIC Code 47799. Founded in May 1972, it's largest shareholder was garry william charman with a 66.7% stake. The last turnover for Format Of Birmingham Limited was estimated at £3.2m.

View Sample
View Sample
View Sample

Format Of Birmingham Limited Health Check

Pomanda's financial health check has awarded Format Of Birmingham Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £3.2m, make it larger than the average company (£423.6k)

£3.2m - Format Of Birmingham Limited

£423.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 290%, show it is growing at a faster rate (4.4%)

290% - Format Of Birmingham Limited

4.4% - Industry AVG

production

Production

with a gross margin of 44.6%, this company has a higher cost of product (73.1%)

44.6% - Format Of Birmingham Limited

73.1% - Industry AVG

profitability

Profitability

an operating margin of -0.1% make it less profitable than the average company (10.6%)

-0.1% - Format Of Birmingham Limited

10.6% - Industry AVG

employees

Employees

with 48 employees, this is above the industry average (12)

48 - Format Of Birmingham Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £17.9k, the company has an equivalent pay structure (£17.9k)

£17.9k - Format Of Birmingham Limited

£17.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £66k, this is more efficient (£38.3k)

£66k - Format Of Birmingham Limited

£38.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 35 days, this is later than average (8 days)

35 days - Format Of Birmingham Limited

8 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 18 days, this is quicker than average (46 days)

18 days - Format Of Birmingham Limited

46 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Format Of Birmingham Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Format Of Birmingham Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 28.7%, this is a lower level of debt than the average (49.9%)

28.7% - Format Of Birmingham Limited

49.9% - Industry AVG

FORMAT OF BIRMINGHAM LIMITED financials

EXPORTms excel logo

Format Of Birmingham Limited's latest turnover from December 2019 is estimated at £3.2 million and the company has net assets of £222.5 thousand. According to their latest financial statements, we estimate that Format Of Birmingham Limited has 48 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover3,167,245909,5091,113,98353,23963,48568,10170,17058,63851,37964,753
Other Income Or Grants
Cost Of Sales1,753,565516,101647,79534,89341,16341,90242,84834,43430,22239,055
Gross Profit1,413,680393,408466,18718,34622,32226,19927,32224,20321,15625,698
Admin Expenses1,418,137431,744442,105-94,07433,82072,78322,41427,99319,61521,212-286,302
Operating Profit-4,457-38,33624,082112,420-11,498-46,5844,908-3,7901,5414,486286,302
Interest Payable
Interest Receivable686422365474447375508562249
Pre-Tax Profit-4,457-38,33624,768112,841-11,133-46,1105,355-3,4152,0495,049286,551
Tax-4,706-22,568-1,232-533-1,414-80,234
Profit After Tax-4,457-38,33620,06290,273-11,133-46,1104,123-3,4151,5163,635206,317
Dividends Paid
Retained Profit-4,457-38,33620,06290,273-11,133-46,1104,123-3,4151,5163,635206,317
Employee Costs859,03736,55534,90033,45434,71517,51818,01617,41315,61615,231
Number Of Employees48222211111
EBITDA*-4,457-38,33624,082112,490-11,405-46,4595,074-3,5691,8364,879286,826

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets1191582102803734986648851,1801,573
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1191582102803734986648851,1801,573
Stock & work in progress16,511110,954106,802107,264139,467133,70486,740105,151
Trade Debtors311,965236,216296,1544,1314,1233,8953,1924,4494,658
Group Debtors
Misc Debtors3,6904,275
Cash274,26662,97683,167106,40972,22177,728125,40299,568
misc current assets
total current assets311,965236,216296,154294,467178,205194,100217,796215,583214,624216,591209,377
total assets311,965236,335296,312294,677178,485194,473218,294216,247215,509217,771210,950
Bank overdraft
Bank loan
Trade Creditors 86,5755,77828,12928,2325,9188,0943,7647,6734,455
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities49,32923,396
total current liabilities86,5755,77828,12949,32923,39628,2325,9188,0943,7647,6734,455
loans
hp & lease commitments
Accruals and Deferred Income2,9153,6252,915
other liabilities
provisions4256751001774678
total long term liabilities2,9153,6252,9154256751001774678
total liabilities89,4909,40331,04449,37123,45228,3076,0188,0943,9417,7194,533
net assets222,475226,932265,268245,306155,033166,166212,276208,153211,568210,052206,417
total shareholders funds222,475226,932265,268245,306155,033166,166212,276208,153211,568210,052206,417
Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-4,457-38,33624,082112,420-11,498-46,5844,908-3,7901,5414,486286,302
Depreciation7093125166221295393524
Amortisation
Tax-4,706-22,568-1,232-533-1,414-80,234
Stock-16,511-94,4434,152-462-32,2035,76346,964-18,411105,151
Debtors75,749-59,938292,464-5851448228703-1,257-2094,658
Creditors80,797-22,35128,129-28,23222,314-2,1764,330-3,9093,2184,455
Accruals and Deferred Income-710710-46,41425,93323,396
Deferred Taxes & Provisions-42-14-19-25100-177131-3278
Cash flow from operations-119-39-274,904210,869-20,556-23,71633,741-5,882-48,18225,271101,316
Investing Activities
capital expenditure1193952-2,097
Change in Investments
cash flow from investments1193952-2,097
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100
interest686422365474447375508562249
cash flow from financing586422365474447375508562349
cash and cash equivalents
cash-274,266211,290-20,191-23,24234,188-5,507-47,67425,83499,568
overdraft
change in cash-274,266211,290-20,191-23,24234,188-5,507-47,67425,83499,568

format of birmingham limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for format of birmingham limited. Get real-time insights into format of birmingham limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Format Of Birmingham Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for format of birmingham limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in FY1 area or any other competitors across 12 key performance metrics.

format of birmingham limited Ownership

FORMAT OF BIRMINGHAM LIMITED group structure

Format Of Birmingham Limited has no subsidiary companies.

Ultimate parent company

FORMAT OF BIRMINGHAM LIMITED

01054504

FORMAT OF BIRMINGHAM LIMITED Shareholders

garry william charman 66.67%
david vice 33.33%

format of birmingham limited directors

Format Of Birmingham Limited currently has 2 directors. The longest serving directors include Mr Garry Charman (Jul 1991) and Mr David Vice (Jul 1991).

officercountryagestartendrole
Mr Garry Charman79 years Jul 1991- Director
Mr David Vice78 years Jul 1991- Director

P&L

December 2019

turnover

3.2m

+248%

operating profit

-4.5k

0%

gross margin

44.7%

+3.19%

turnover

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

Balance Sheet

December 2019

net assets

222.5k

-0.02%

total assets

312k

+0.32%

cash

0

0%

net assets

Total assets minus all liabilities

format of birmingham limited company details

company number

01054504

Type

Private limited with Share Capital

industry

47799 - Retail sale of second-hand goods (other than antiques and antique books) in stores

incorporation date

May 1972

age

53

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2019

previous names

peter ireland (format) limited (October 1984)

accountant

-

auditor

-

address

269 church street, blackpool, lancashire, FY1 3PB

Bank

-

Legal Advisor

-

format of birmingham 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 did not find charges/mortgages relating to format of birmingham limited.

format of birmingham 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 FORMAT OF BIRMINGHAM LIMITED. This can take several minutes, an email will notify you when this has completed.

format of birmingham limited Companies House Filings - See Documents

datedescriptionview/download