B & T Associates Limited

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b & t associates limited Company Information

Company Number

01987654

Next Accounts

Jan 2026

Directors

Mark Chapman

Benjamin Chapman

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Shareholders

lumineux holdings ltd

Group Structure

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Industry

Manufacture of electric lighting equipment

Registered Address

davis house manby park, manby, louth, lincolnshire, LN11 8UT

Website

http://lumineux.co.uk

b & t associates limited Estimated Valuation

£7.4m

Pomanda estimates the enterprise value of B & T ASSOCIATES LIMITED at £7.4m based on a Turnover of £11.2m and 0.66x industry multiple (adjusted for size and gross margin).

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B & T Associates Limited is a live company located in louth, LN11 8UT with a Companies House number of 01987654. It operates in the manufacture of electric lighting equipment sector, SIC Code 27400. Founded in February 1986, it's largest shareholder is lumineux holdings ltd with a 100% stake. B & T Associates Limited is a mature, mid sized company, Pomanda has estimated its turnover at £11.2m with high growth in recent years.

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Pomanda's financial health check has awarded B & T Associates Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

3 Strong

6 Regular

3 Weak

Size

annual sales of £11.2m, make it in line with the average company (£12.1m)

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (6.6%)

EXPORT

B & T Associates Limited's latest turnover from April 2024 is estimated at £11.2 million and the company has net assets of £3.4 million. According to their latest financial statements, B & T Associates Limited has 49 employees and maintains cash reserves of £300.3 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Apr 2024	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Turnover	11,218,926	10,964,253	8,062,687	6,899,995	6,192,653	6,473,348	7,128,115	7,933,469	7,266,960	10,525,890	7,383,089	4,993,474	3,115,652	2,810,443	2,652,472
Other Income Or Grants
Cost Of Sales	7,235,307	7,306,318	5,545,630	4,815,940	4,204,433	4,389,502	4,959,749	5,455,739	4,745,097	6,831,607	4,790,697	3,334,488	2,091,577	1,834,041	1,735,878
Gross Profit	3,983,619	3,657,935	2,517,057	2,084,056	1,988,220	2,083,846	2,168,366	2,477,729	2,521,864	3,694,283	2,592,392	1,658,985	1,024,075	976,402	916,595
Admin Expenses	3,608,704	2,976,162	1,918,675	2,263,176	1,738,533	1,809,227	1,752,370	2,017,195	1,978,927	2,895,016	2,323,800	1,540,055	958,689	965,102	565,967
Operating Profit	374,915	681,773	598,382	-179,120	249,687	274,619	415,996	460,534	542,937	799,267	268,592	118,930	65,386	11,300	350,628
Interest Payable	118,481	140,015	100,715	69,385	47,701	57,809	47,059	36,709	21,015	1,940	4,050	2,109
Interest Receivable	15,529	14,334	3,440	274	295	2,210	462	224	153	197	179	146	30	4	2
Pre-Tax Profit	271,963	556,092	501,107	-248,231	202,281	219,020	369,399	424,049	522,075	797,524	264,722	116,966	65,416	11,304	350,629
Tax	-67,991	-139,023	-95,210		-38,433	-41,614	-70,186	-80,569	-104,415	-159,505	-55,592	-26,902	-15,700	-2,939	-98,176
Profit After Tax	203,972	417,069	405,897	-248,231	163,848	177,406	299,213	343,480	417,660	638,019	209,130	90,064	49,716	8,365	252,453
Dividends Paid
Retained Profit	203,972	417,069	405,897	-248,231	163,848	177,406	299,213	343,480	417,660	638,019	209,130	90,064	49,716	8,365	252,453
Employee Costs	2,333,886	2,158,322	2,080,831	1,620,475	1,524,716	1,476,000	2,106,444	2,407,256	1,851,836	2,274,625	1,675,775	1,104,263	687,824	679,966	694,446
Number Of Employees	49	49	47	42	36	36	52	57	51	65	49	33	21	21	22
EBITDA*	476,735	781,915	681,519	-87,776	253,981	399,319	543,457	583,086	651,832	892,942	342,047	176,771	108,204	36,352	354,372

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Apr 2024	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Tangible Assets	1,239,020	1,556,834	1,365,861	1,406,091	1,108,295	1,140,593	1,203,492	716,987	775,959	251,620	174,173	148,985	168,704	113,453	60,869
Intangible Assets								28	3,941	6,482
Investments & Other	169,848	168,648	151,631	151,631
Debtors (Due After 1 year)
Total Fixed Assets	1,408,868	1,725,482	1,517,492	1,557,722	1,108,295	1,140,593	1,203,492	717,015	779,900	258,102	174,173	148,985	168,704	113,453	60,869
Stock & work in progress	1,865,784	3,428,330	2,449,082	1,390,170	1,345,225	1,120,223	1,464,302	1,307,471	1,242,025	987,366	606,915	396,119	426,693	360,744	371,987
Trade Debtors	2,373,440	2,511,724	1,832,777	1,916,330	1,452,734	1,692,370	1,570,870	1,769,685	1,732,420	2,495,605	1,713,885	1,108,869	633,443	595,308	608,443
Group Debtors
Misc Debtors	893,347	1,048,118	1,117,621	1,222,654	1,688,254	1,253,568	1,241,772	1,073,969	938,634
Cash	300,250	291,322	383,230	534,200	13,161	576,787	12,570	172,369	7,030	54,353	24,470	47,292	10,978	1,087	605
misc current assets
total current assets	5,432,821	7,279,494	5,782,710	5,063,354	4,499,374	4,642,948	4,289,514	4,323,494	3,920,109	3,537,324	2,345,270	1,552,280	1,071,114	957,139	981,035
total assets	6,841,689	9,004,976	7,300,202	6,621,076	5,607,669	5,783,541	5,493,006	5,040,509	4,700,009	3,795,426	2,519,443	1,701,265	1,239,818	1,070,592	1,041,904
Bank overdraft			44,637	72,369	77,865	37,979	78,655	86,689	154,709
Bank loan	134,108	153,651	159,771	159,350	67,095	70,513	69,808
Trade Creditors	989,598	1,039,739	554,469	528,643	366,225	581,003	631,034	626,082	647,056	2,319,888	1,762,424	1,175,470	786,196	628,680	536,168
Group/Directors Accounts
other short term finances	125,075	106,590	80,476
hp & lease commitments
other current liabilities	1,457,892	3,058,788	2,088,153	1,815,924	1,775,122	1,877,332	1,579,848	1,772,555	1,605,332
total current liabilities	2,706,673	4,358,768	2,927,506	2,576,286	2,286,307	2,566,827	2,359,345	2,485,326	2,407,097	2,319,888	1,762,424	1,175,470	786,196	628,680	536,168
loans	595,401	991,504	1,195,380	1,272,178	626,051	684,455	771,455	441,372	491,912		59,706	64,903
hp & lease commitments								50,818	78,990
Accruals and Deferred Income
other liabilities										167,736	55,386	30,449	110,925	160,941	243,283
provisions	93,634	133,997	64,346	65,539	27,957	28,753	36,106	36,106	38,603	42,055	22,199	19,845	22,163	10,153
total long term liabilities	689,035	1,125,501	1,259,726	1,337,717	654,008	713,208	807,561	528,296	609,505	209,791	137,291	115,197	133,088	171,094	243,283
total liabilities	3,395,708	5,484,269	4,187,232	3,914,003	2,940,315	3,280,035	3,166,906	3,013,622	3,016,602	2,529,679	1,899,715	1,290,667	919,284	799,774	779,451
net assets	3,445,981	3,520,707	3,112,970	2,707,073	2,667,354	2,503,506	2,326,100	2,026,887	1,683,407	1,265,747	619,728	410,598	320,534	270,818	262,453
total shareholders funds	3,445,981	3,520,707	3,112,970	2,707,073	2,667,354	2,503,506	2,326,100	2,026,887	1,683,407	1,265,747	619,728	410,598	320,534	270,818	262,453

	Apr 2024	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Operating Activities
Operating Profit	374,915	681,773	598,382	-179,120	249,687	274,619	415,996	460,534	542,937	799,267	268,592	118,930	65,386	11,300	350,628
Depreciation	101,820	100,142	83,137	91,344	4,294	124,700	127,433	118,639	105,011	93,675	73,455	57,841	42,818	25,052	3,744
Amortisation							28	3,913	3,884
Tax	-67,991	-139,023	-95,210		-38,433	-41,614	-70,186	-80,569	-104,415	-159,505	-55,592	-26,902	-15,700	-2,939	-98,176
Stock	-1,562,546	979,248	1,058,912	44,945	225,002	-344,079	156,831	65,446	254,659	380,451	210,796	-30,574	65,949	-11,243	371,987
Debtors	-293,055	609,444	-188,586	-2,004	195,050	133,296	-31,012	172,600	175,449	781,720	605,016	475,426	38,135	-13,135	608,443
Creditors	-50,141	485,270	25,826	162,418	-214,778	-50,031	4,952	-20,974	-1,672,832	557,464	586,954	389,274	157,516	92,512	536,168
Accruals and Deferred Income	-1,600,896	970,635	272,229	40,802	-102,210	297,484	-192,707	167,223	1,605,332
Deferred Taxes & Provisions	-40,363	69,651	-1,193	37,582	-796	-7,353		-2,497	-3,452	19,856	2,354	-2,318	12,010	10,153
Cash flow from operations	572,945	579,756	12,845	110,085	-522,288	808,588	159,697	408,223	46,357	148,586	59,951	91,973	157,946	160,456	-188,066
Investing Activities
capital expenditure	215,994	-291,115	-42,907	-389,140	28,004	-61,801		-59,667	-630,693	-177,604	-98,643	-38,122	-98,069	-77,636	-64,613
Change in Investments	1,200	17,017		151,631
cash flow from investments	214,794	-308,132	-42,907	-540,771	28,004	-61,801		-59,667	-630,693	-177,604	-98,643	-38,122	-98,069	-77,636	-64,613
Financing Activities
Bank loans	-19,543	-6,120	421	92,255	-3,418	705	69,808
Group/Directors Accounts
Other Short Term Loans	18,485	26,114	80,476
Long term loans	-396,103	-203,876	-76,798	646,127	-58,404	-87,000	330,083	-50,540	491,912	-59,706	-5,197	64,903
Hire Purchase and Lease Commitments							-50,818	-28,172	78,990
other long term liabilities									-167,736	112,350	24,937	-80,476	-50,016	-82,342	243,283
share issue	-278,698	-9,332		287,950						8,000					10,000
interest	-102,952	-125,681	-97,275	-69,111	-47,406	-55,599	-46,597	-36,485	-20,862	-1,743	-3,871	-1,963	30	4	2
cash flow from financing	-778,811	-318,895	-93,176	957,221	-109,228	-141,894	302,476	-115,197	382,304	58,901	15,869	-17,536	-49,986	-82,338	253,285
cash and cash equivalents
cash	8,928	-91,908	-150,970	521,039	-563,626	564,217	-159,799	165,339	-47,323	29,883	-22,822	36,314	9,891	482	605
overdraft		-44,637	-27,732	-5,496	39,886	-40,676	-8,034	-68,020	154,709
change in cash	8,928	-47,271	-123,238	526,535	-603,512	604,893	-151,765	233,359	-202,032	29,883	-22,822	36,314	9,891	482	605

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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B & T ASSOCIATES LIMITED group structure

B & T Associates Limited has no subsidiary companies.

Ultimate parent company

LUMINEUX HOLDINGS LIMITED

15096704

1 parent

B & T ASSOCIATES LIMITED

01987654

B & T ASSOCIATES LIMITED Shareholders

lumineux holdings ltd

100%

B & T Associates Limited currently has 6 directors. The longest serving directors include Mr Mark Chapman (Feb 2010) and Mr Benjamin Chapman (Jan 2015).

officer	age	start	end	role
Mr Mark Chapman	65 years	Feb 2010	-	Director
Mr Benjamin Chapman	35 years	Jan 2015	-	Director
Mr Joshua Chapman	36 years	Jan 2015	-	Director
Mr Nathan Chapman	44 years	Jan 2015	-	Director
Mr Jacob Chapman	33 years	Jun 2018	-	Director
Mrs Hannah Hickling	38 years	Nov 2022	-	Director

P&L

April 2024

turnover

11.2m

+2%

operating profit

374.9k

gross margin

35.6%

+6.43%

turnover

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

Balance Sheet

April 2024

net assets

3.4m

-0.02%

total assets

6.8m

-0.24%

cash

300.3k

+0.03%

net assets

Total assets minus all liabilities

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company number

01987654

Type

Private limited with Share Capital

industry

27400 - Manufacture of electric lighting equipment

incorporation date

February 1986

ultimate parent company

LUMINEUX HOLDINGS LIMITED

previous names

N/A

address

davis house manby park, manby, louth, lincolnshire, LN11 8UT

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 7 charges/mortgages relating to b & t associates limited. Currently there are 4 open charges and 3 have been satisfied in the past.

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b & t associates limited Company Information

b & t associates limited Estimated Valuation

b & t associates limited Estimated Valuation

b & t associates limited Estimated Valuation

B & T Associates Limited Overview

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B & T ASSOCIATES LIMITED financials

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