brooklands pianos limited

Dissolved 

brooklands pianos limited Company Information

Share BROOKLANDS PIANOS LIMITED

Company Number

02034924

Directors

Kevin Brice

Shareholders

teresa bridget mary brice

kevin nicholas brice

Group Structure

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Industry

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

 

Registered Address

c/o keelings, broad house, the broadway, old hatfield, hertfordshire, AL9 5BG

brooklands pianos limited Estimated Valuation

£35.8k

Pomanda estimates the enterprise value of BROOKLANDS PIANOS LIMITED at £35.8k based on a Turnover of £61.4k and 0.58x industry multiple (adjusted for size and gross margin).

brooklands pianos limited Estimated Valuation

£73.2k

Pomanda estimates the enterprise value of BROOKLANDS PIANOS LIMITED at £73.2k based on an EBITDA of £16.9k and a 4.33x industry multiple (adjusted for size and gross margin).

brooklands pianos limited Estimated Valuation

£37k

Pomanda estimates the enterprise value of BROOKLANDS PIANOS LIMITED at £37k based on Net Assets of £13.8k and 2.68x industry multiple (adjusted for liquidity).

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Brooklands Pianos Limited Overview

Brooklands Pianos Limited is a dissolved company that was located in old hatfield, AL9 5BG with a Companies House number of 02034924. It operated in the retail sale of other second-hand goods in stores (not incl. antiques) sector, SIC Code 47799. Founded in July 1986, it's largest shareholder was teresa bridget mary brice with a 50% stake. The last turnover for Brooklands Pianos Limited was estimated at £61.4k.

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Brooklands Pianos Limited Health Check

Pomanda's financial health check has awarded Brooklands Pianos 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 Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £61.4k, make it smaller than the average company (£378.4k)

£61.4k - Brooklands Pianos Limited

£378.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a faster rate (-5.7%)

-3% - Brooklands Pianos Limited

-5.7% - Industry AVG

production

Production

with a gross margin of 77%, this company has a comparable cost of product (77%)

77% - Brooklands Pianos Limited

77% - Industry AVG

profitability

Profitability

an operating margin of 27.4% make it more profitable than the average company (6.7%)

27.4% - Brooklands Pianos Limited

6.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (13)

2 - Brooklands Pianos Limited

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £17.5k, the company has an equivalent pay structure (£17.5k)

£17.5k - Brooklands Pianos Limited

£17.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £30.7k, this is equally as efficient (£33.9k)

£30.7k - Brooklands Pianos Limited

£33.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Brooklands Pianos Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 37 days, this is quicker than average (78 days)

37 days - Brooklands Pianos Limited

78 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Brooklands Pianos Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Brooklands Pianos Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 31%, this is a lower level of debt than the average (35.7%)

31% - Brooklands Pianos Limited

35.7% - Industry AVG

BROOKLANDS PIANOS LIMITED financials

EXPORTms excel logo

Brooklands Pianos Limited's latest turnover from August 2021 is estimated at £61.4 thousand and the company has net assets of £13.8 thousand. According to their latest financial statements, Brooklands Pianos Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover61,44663,53765,36666,50667,36622,17828,19714,63816,35938,52536,94249,616
Other Income Or Grants
Cost Of Sales14,12614,53315,68821,45124,5978,77211,4396,0406,69116,93517,04217,836
Gross Profit47,31949,00449,67845,05542,76913,40716,7588,5999,66821,59119,90031,780
Admin Expenses30,48642,95050,39943,96241,65514,23123,5826,82910,94320,83718,69631,788
Operating Profit16,8336,054-7211,0931,114-824-6,8241,770-1,2757541,204-8
Interest Payable
Interest Receivable1329291215251613131515
Pre-Tax Profit16,8356,057-6921,1221,126-809-6,7991,786-1,2627671,2197
Tax-3,199-1,151-213-214-375-184-317-2
Profit After Tax13,6364,906-692909912-809-6,7991,411-1,2625839025
Dividends Paid
Retained Profit13,6364,906-692909912-809-6,7991,411-1,2625839025
Employee Costs34,97037,53138,15236,88936,73817,22818,85518,75518,81718,58917,18831,298
Number Of Employees222221111112
EBITDA*16,8886,117-6371,2061,263-624-6,5582,053-8978751,365206

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets1902533374505997998471,130361482643
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1902533374505997998471,130361482643
Stock & work in progress9151,3951,8161,6563,5893,2293,0666,7389,28410,24512,669
Trade Debtors
Group Debtors
Misc Debtors20,0083,281
Cash2,8283,4404,3197,3932,2603,6656,1981155,0465,970
misc current assets
total current assets20,0087,0244,8356,1359,0495,8496,8949,2646,85314,33010,24518,639
total assets20,0087,2145,0886,4729,4996,4487,69310,1117,98314,69110,72719,282
Bank overdraft
Bank loan
Trade Creditors 1,4449838510,52014,45612,31712,7538,3727,65513,1019,72019,177
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities4,7626,9509,443
total current liabilities6,2067,0489,82810,52014,45612,31712,7538,3727,65513,1019,72019,177
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities6,2067,0489,82810,52014,45612,31712,7538,3727,65513,1019,72019,177
net assets13,802166-4,740-4,048-4,957-5,869-5,0601,7393281,5901,007105
total shareholders funds13,802166-4,740-4,048-4,957-5,869-5,0601,7393281,5901,007105
Aug 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit16,8336,054-7211,0931,114-824-6,8241,770-1,2757541,204-8
Depreciation556384113149200266283378121161214
Amortisation
Tax-3,199-1,151-213-214-375-184-317-2
Stock-915-480-421160-1,933360163-3,672-2,546-961-2,42412,669
Debtors16,7273,281
Creditors1,346-287-10,135-3,9362,139-4364,381717-5,4463,381-9,45719,177
Accruals and Deferred Income-2,188-2,4939,443
Deferred Taxes & Provisions
Cash flow from operations-2,965-615-908-3,1035,121-1,420-2,3406,067-3,7975,033-5,9856,712
Investing Activities
capital expenditure135-218-1,147-857
Change in Investments
cash flow from investments135-218-1,147-857
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest1329291215251613131515
cash flow from financing13292912152516131315115
cash and cash equivalents
cash-2,828-612-879-3,0745,133-1,405-2,5336,083-4,9315,046-5,9705,970
overdraft
change in cash-2,828-612-879-3,0745,133-1,405-2,5336,083-4,9315,046-5,9705,970

brooklands pianos 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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Brooklands Pianos Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for brooklands pianos 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 AL9 area or any other competitors across 12 key performance metrics.

brooklands pianos limited Ownership

BROOKLANDS PIANOS LIMITED group structure

Brooklands Pianos Limited has no subsidiary companies.

Ultimate parent company

BROOKLANDS PIANOS LIMITED

02034924

BROOKLANDS PIANOS LIMITED Shareholders

teresa bridget mary brice 50%
kevin nicholas brice 50%

brooklands pianos limited directors

Brooklands Pianos Limited currently has 1 director, Mr Kevin Brice serving since Apr 1991.

officercountryagestartendrole
Mr Kevin Brice72 years Apr 1991- Director

P&L

August 2021

turnover

61.4k

-3%

operating profit

16.8k

0%

gross margin

77.1%

-0.15%

turnover

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

Balance Sheet

August 2021

net assets

13.8k

+82.14%

total assets

20k

+1.77%

cash

0

-1%

net assets

Total assets minus all liabilities

brooklands pianos limited company details

company number

02034924

Type

Private limited with Share Capital

industry

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

incorporation date

July 1986

age

39

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

August 2021

previous names

N/A

accountant

-

auditor

-

address

c/o keelings, broad house, the broadway, old hatfield, hertfordshire, AL9 5BG

Bank

-

Legal Advisor

-

brooklands pianos 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 brooklands pianos limited.

brooklands pianos 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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brooklands pianos limited Companies House Filings - See Documents

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