badges plus limited

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badges plus limited Company Information

Share BADGES PLUS LIMITED

Company Number

01262905

Directors

Carl Greenway

Pamela James

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Shareholders

badges plus holdings ltd

Group Structure

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Industry

Other manufacturing n.e.c.

 

Registered Address

70 summer lane, birmingham, B19 3NG

badges plus limited Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of BADGES PLUS LIMITED at £2.1m based on a Turnover of £3.4m and 0.63x industry multiple (adjusted for size and gross margin).

badges plus limited Estimated Valuation

£364.2k

Pomanda estimates the enterprise value of BADGES PLUS LIMITED at £364.2k based on an EBITDA of £86k and a 4.23x industry multiple (adjusted for size and gross margin).

badges plus limited Estimated Valuation

£2m

Pomanda estimates the enterprise value of BADGES PLUS LIMITED at £2m based on Net Assets of £885.6k and 2.24x industry multiple (adjusted for liquidity).

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Badges Plus Limited Overview

Badges Plus Limited is a live company located in birmingham, B19 3NG with a Companies House number of 01262905. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in June 1976, it's largest shareholder is badges plus holdings ltd with a 100% stake. Badges Plus Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.4m with rapid growth in recent years.

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Badges Plus Limited Health Check

Pomanda's financial health check has awarded Badges Plus Limited a 3 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

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £3.4m, make it smaller than the average company (£13.7m)

£3.4m - Badges Plus Limited

£13.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (8.6%)

32% - Badges Plus Limited

8.6% - Industry AVG

production

Production

with a gross margin of 21.3%, this company has a higher cost of product (30.5%)

21.3% - Badges Plus Limited

30.5% - Industry AVG

profitability

Profitability

an operating margin of 2.5% make it less profitable than the average company (6.5%)

2.5% - Badges Plus Limited

6.5% - Industry AVG

employees

Employees

with 9 employees, this is below the industry average (71)

9 - Badges Plus Limited

71 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.2k, the company has an equivalent pay structure (£42.2k)

£42.2k - Badges Plus Limited

£42.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £380.2k, this is more efficient (£175.3k)

£380.2k - Badges Plus Limited

£175.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 108 days, this is later than average (53 days)

108 days - Badges Plus Limited

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 106 days, this is slower than average (42 days)

106 days - Badges Plus Limited

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Badges Plus Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Badges Plus Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 51%, this is a similar level of debt than the average (46.4%)

51% - Badges Plus Limited

46.4% - Industry AVG

BADGES PLUS LIMITED financials

EXPORTms excel logo

Badges Plus Limited's latest turnover from March 2024 is estimated at £3.4 million and the company has net assets of £885.6 thousand. According to their latest financial statements, Badges Plus Limited has 9 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover3,421,3852,901,4502,907,3941,472,0231,639,5541,548,3811,073,220607,6661,045,279866,478896,844978,269978,730829,918976,738
Other Income Or Grants000000000000000
Cost Of Sales2,693,6882,310,5502,333,9651,188,6731,306,9501,230,034838,093469,311806,275674,114694,995758,882758,488639,987753,089
Gross Profit727,697590,900573,429283,350332,604318,347235,127138,355239,004192,364201,849219,388220,242189,931223,650
Admin Expenses641,658590,900363,123276,248207,002190,288195,67390,200225,371181,482189,715205,858177,834126,639-110,941
Operating Profit86,0390210,3067,102125,602128,05939,45448,15513,63310,88212,13413,53042,40863,292334,591
Interest Payable000000000000000
Interest Receivable002,2165475643,4751,3995799469451,0099851,0551,042476
Pre-Tax Profit86,0390212,5227,649126,167131,53340,85348,73414,57911,82813,14314,51443,46264,335335,067
Tax-21,5100-40,379-1,453-23,972-24,991-7,762-9,747-2,916-2,484-3,023-3,483-11,300-18,014-93,819
Profit After Tax64,5290172,1436,196102,195106,54233,09138,98711,6639,34410,12011,03132,16246,321241,248
Dividends Paid000000000000000
Retained Profit64,5290172,1436,196102,195106,54233,09138,98711,6639,34410,12011,03132,16246,321241,248
Employee Costs379,886359,462382,075621,962549,363252,475174,805101,198165,357130,696157,933157,256156,145152,367177,491
Number Of Employees991017157535455556
EBITDA*86,0390282,75175,899145,124177,68592,13896,57557,93753,54053,45553,06075,10498,382369,065

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets789,216745,686745,686725,540687,973559,438496,253526,843484,199443,037426,578413,211395,298364,529295,175
Intangible Assets00000000000090,00090,00090,000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets789,216745,686745,686725,540687,973559,438496,253526,843484,199443,037426,578413,211485,298454,529385,175
Stock & work in progress000150,000202,333187,500103,224111,321109,67875,00075,00075,00075,00075,00075,000
Trade Debtors1,019,455951,849951,849156,168244,311195,300190,223168,683181,209166,598170,332189,449176,362122,573177,351
Group Debtors000000000000000
Misc Debtors000000000000000
Cash000590,887503,445624,926301,667257,849205,122173,241204,936198,674195,209226,602190,324
misc current assets000000000000000
total current assets1,019,455951,849951,849897,055950,0891,007,726595,114537,853496,009414,839450,268463,123446,571424,175442,675
total assets1,808,6711,697,5351,697,5351,622,5951,638,0621,567,1641,091,3671,064,696980,208857,876876,846876,334931,869878,704827,850
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 786,655709,307709,307909,166930,829962,126592,8710553,790443,121471,435481,043547,609526,606522,073
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities786,655709,307709,307909,166930,829962,126592,8710553,790443,121471,435481,043547,609526,606522,073
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities136,444167,185167,1850000599,2910000000
provisions000000000000000
total long term liabilities136,444167,185167,1850000599,2910000000
total liabilities923,099876,492876,492909,166930,829962,126592,871599,291553,790443,121471,435481,043547,609526,606522,073
net assets885,572821,043821,043713,429707,233605,038498,496465,405426,418414,755405,411395,291384,260352,098305,777
total shareholders funds885,572821,043821,043713,429707,233605,038498,496465,405426,418414,755405,411395,291384,260352,098305,777
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit86,0390210,3067,102125,602128,05939,45448,15513,63310,88212,13413,53042,40863,292334,591
Depreciation0072,44568,79719,52249,62652,68448,42044,30442,65841,32139,53032,69635,09034,474
Amortisation000000000000000
Tax-21,5100-40,379-1,453-23,972-24,991-7,762-9,747-2,916-2,484-3,023-3,483-11,300-18,014-93,819
Stock00-150,000-52,33314,83384,276-8,0971,64334,6780000075,000
Debtors67,6060795,681-88,14349,0115,07721,540-12,52614,611-3,734-19,11713,08753,789-54,778177,351
Creditors77,3480-199,859-21,663-31,297369,255592,871-553,790110,669-28,314-9,608-66,56621,0034,533522,073
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations74,2710-603,168193,25926,011432,596663,804-456,079116,40126,47659,941-30,07631,018139,679544,968
Investing Activities
capital expenditure-43,5300-92,591-106,364-148,057-112,811-22,094-91,064-85,466-59,117-54,68832,557-63,465-104,444-419,649
Change in Investments000000000000000
cash flow from investments-43,5300-92,591-106,364-148,057-112,811-22,094-91,064-85,466-59,117-54,68832,557-63,465-104,444-419,649
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities-30,7410167,185000-599,291599,2910000000
share issue00-64,5290000000000064,529
interest002,2165475643,4751,3995799469451,0099851,0551,042476
cash flow from financing-30,7410104,8725475643,475-597,892599,8709469451,0099851,0551,04265,005
cash and cash equivalents
cash00-590,88787,442-121,481323,25943,81852,72731,881-31,6956,2623,465-31,39336,278190,324
overdraft000000000000000
change in cash00-590,88787,442-121,481323,25943,81852,72731,881-31,6956,2623,465-31,39336,278190,324

badges plus limited 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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Badges Plus Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for badges plus limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in B19 area or any other competitors across 12 key performance metrics.

badges plus limited Ownership

BADGES PLUS LIMITED group structure

Badges Plus Limited has no subsidiary companies.

Ultimate parent company

1 parent

BADGES PLUS LIMITED

01262905

BADGES PLUS LIMITED Shareholders

badges plus holdings ltd 100%

badges plus limited directors

Badges Plus Limited currently has 3 directors. The longest serving directors include Mr Carl Greenway (Nov 2007) and Mrs Pamela James (Nov 2007).

officercountryagestartendrole
Mr Carl GreenwayEngland61 years Nov 2007- Director
Mrs Pamela JamesEngland62 years Nov 2007- Director
Mr Bryan JamesEngland68 years Nov 2007- Director

P&L

March 2024

turnover

3.4m

+18%

operating profit

86k

0%

gross margin

21.3%

+4.44%

turnover

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

Balance Sheet

March 2024

net assets

885.6k

+0.08%

total assets

1.8m

+0.07%

cash

0

0%

net assets

Total assets minus all liabilities

badges plus limited company details

company number

01262905

Type

Private limited with Share Capital

industry

32990 - Other manufacturing n.e.c.

incorporation date

June 1976

age

49

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

70 summer lane, birmingham, B19 3NG

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

badges plus 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 badges plus limited. Currently there are 0 open charges and 5 have been satisfied in the past.

badges plus 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 BADGES PLUS LIMITED. This can take several minutes, an email will notify you when this has completed.

badges plus limited Companies House Filings - See Documents

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