blyth star enterprises limited
blyth star enterprises limited Company Information
Company Number
02152943
Website
http://blythstar.org.ukRegistered Address
the old chandlery, 30 ridley street, blyth, northumberland, NE24 3AG
Industry
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
Growing of vegetables and melons, roots and tubers
Telephone
01670360122
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
blyth star enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of BLYTH STAR ENTERPRISES LIMITED at £1.2m based on a Turnover of £2.5m and 0.49x industry multiple (adjusted for size and gross margin).
blyth star enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of BLYTH STAR ENTERPRISES LIMITED at £3.3m based on an EBITDA of £772.8k and a 4.23x industry multiple (adjusted for size and gross margin).
blyth star enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of BLYTH STAR ENTERPRISES LIMITED at £5.5m based on Net Assets of £2.4m and 2.32x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Blyth Star Enterprises Limited Overview
Blyth Star Enterprises Limited is a live company located in blyth, NE24 3AG with a Companies House number of 02152943. It operates in the growing of vegetables and melons, roots and tubers sector, SIC Code 01130. Founded in August 1987, it's largest shareholder is unknown. Blyth Star Enterprises Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.5m with healthy growth in recent years.
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Blyth Star Enterprises Limited Health Check
Pomanda's financial health check has awarded Blyth Star Enterprises Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
3 Weak
Size
annual sales of £2.5m, make it smaller than the average company (£4.9m)
£2.5m - Blyth Star Enterprises Limited
£4.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.1%)
9% - Blyth Star Enterprises Limited
6.1% - Industry AVG
Production
with a gross margin of 30%, this company has a comparable cost of product (30%)
30% - Blyth Star Enterprises Limited
30% - Industry AVG
Profitability
an operating margin of 28.7% make it more profitable than the average company (4.4%)
28.7% - Blyth Star Enterprises Limited
4.4% - Industry AVG
Employees
with 61 employees, this is above the industry average (47)
61 - Blyth Star Enterprises Limited
47 - Industry AVG
Pay Structure
on an average salary of £11.6k, the company has a lower pay structure (£27.2k)
£11.6k - Blyth Star Enterprises Limited
£27.2k - Industry AVG
Efficiency
resulting in sales per employee of £40.5k, this is less efficient (£82.2k)
£40.5k - Blyth Star Enterprises Limited
£82.2k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (27 days)
6 days - Blyth Star Enterprises Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (22 days)
3 days - Blyth Star Enterprises Limited
22 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (28 days)
1 days - Blyth Star Enterprises Limited
28 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 269 weeks, this is more cash available to meet short term requirements (84 weeks)
269 weeks - Blyth Star Enterprises Limited
84 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.8%, this is a lower level of debt than the average (38.3%)
4.8% - Blyth Star Enterprises Limited
38.3% - Industry AVG
BLYTH STAR ENTERPRISES LIMITED financials
Blyth Star Enterprises Limited's latest turnover from March 2023 is £2.5 million and the company has net assets of £2.4 million. According to their latest financial statements, Blyth Star Enterprises Limited has 61 employees and maintains cash reserves of £619.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,470,837 | 2,156,097 | 2,100,618 | 1,882,828 | 1,913,639 | 1,663,845 | 1,521,003 | 1,364,214 | 1,361,129 | 1,116,889 | 1,115,399 | 1,149,177 | 1,151,109 | 951,993 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 9,912 | 11,476 | 16,789 | 35,337 | 13,315 | 13,759 | 14,945 | 16,823 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 569,477 | 353,987 | 381,741 | 82,529 | 242,143 | 170,507 | 132,403 | 138,588 | 227,517 | 14,047 | 2,968 | -113,280 | 178,096 | 60,657 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 569,477 | 353,987 | 381,741 | 82,529 | 242,143 | 170,507 | 132,403 | 138,588 | 227,517 | 14,047 | 2,968 | -113,280 | 178,096 | 60,657 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 569,477 | 353,987 | 381,741 | 82,529 | 242,143 | 170,507 | 132,403 | 138,588 | 227,517 | 14,047 | 2,968 | -113,280 | 178,096 | 60,657 |
| Employee Costs | 708,910 | 574,393 | 528,055 | 587,720 | 616,428 | 0 | 944,282 | 878,475 | 830,689 | 790,257 | 805,776 | 829,837 | 686,167 | 608,530 |
| Number Of Employees | 61 | 58 | 56 | 62 | 58 | 58 | 53 | 48 | 47 | 40 | 51 | 55 | 42 | 37 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,768,098 | 1,678,008 | 1,349,233 | 1,255,231 | 1,171,551 | 1,191,416 | 1,012,526 | 982,026 | 970,566 | 947,043 | 630,298 | 415,953 | 494,895 | 488,893 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,768,098 | 1,678,008 | 1,349,233 | 1,255,231 | 1,171,551 | 1,191,416 | 1,012,526 | 982,026 | 970,566 | 947,043 | 630,298 | 415,953 | 494,895 | 488,893 |
| Stock & work in progress | 4,816 | 10,457 | 3,651 | 5,933 | 3,207 | 5,197 | 4,557 | 4,179 | 3,897 | 5,748 | 3,632 | 4,734 | 5,408 | 7,978 |
| Trade Debtors | 41,537 | 194,627 | 55,495 | 140,450 | 129,429 | 185,554 | 69,175 | 79,097 | 26,504 | 26,768 | 118,036 | 1,348 | 16,230 | 26,450 |
| Group Debtors | 27,031 | 45,363 | 26,314 | 61,735 | 59,554 | 26,666 | 37,209 | 47,790 | 45,030 | 49,634 | 18,068 | 27,964 | 43,114 | 45,341 |
| Misc Debtors | 48,496 | 61,047 | 30,260 | 42,349 | 44,915 | 24,141 | 31,737 | 28,231 | 41,523 | 35,775 | 198,900 | 27,098 | 25,084 | 12,852 |
| Cash | 619,844 | 527,540 | 704,450 | 299,339 | 353,693 | 98,858 | 241,942 | 159,747 | 73,141 | 2,856 | 1,457 | 57,090 | 86,800 | 31,199 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 741,724 | 839,034 | 820,170 | 549,806 | 590,798 | 340,416 | 384,620 | 319,044 | 190,095 | 120,781 | 340,093 | 118,234 | 176,636 | 123,820 |
| total assets | 2,509,822 | 2,517,042 | 2,169,403 | 1,805,037 | 1,762,349 | 1,531,832 | 1,397,146 | 1,301,070 | 1,160,661 | 1,067,824 | 970,391 | 534,187 | 671,531 | 612,713 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,882 | 37,804 | 30,668 | 0 | 0 | 0 |
| Bank loan | 0 | 336,309 | 11,800 | 11,200 | 8,400 | 8,400 | 8,400 | 8,400 | 8,340 | 9,000 | 8,175 | 4,700 | 4,500 | 3,800 |
| Trade Creditors | 17,886 | 34,176 | 20,590 | 14,842 | 31,255 | 20,938 | 28,836 | 26,535 | 25,949 | 74,618 | 101,745 | 115,170 | 79,856 | 105,244 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,759 | 0 | 0 | 0 |
| other short term finances | 0 | 19,000 | 19,000 | 17,000 | 16,100 | 16,100 | 16,000 | 15,000 | 14,200 | 5,000 | 6,000 | 5,500 | 5,500 | 4,600 |
| hp & lease commitments | 0 | 0 | 0 | 2,813 | 3,363 | 3,363 | 3,363 | 3,363 | 2,044 | 2,316 | 2,316 | 1,354 | 6,342 | 10,536 |
| other current liabilities | 101,847 | 61,738 | 51,283 | 56,776 | 50,209 | 44,513 | 44,570 | 55,753 | 40,969 | 63,712 | 48,191 | 58,714 | 52,465 | 86,142 |
| total current liabilities | 119,733 | 451,223 | 102,673 | 102,631 | 109,327 | 93,314 | 101,169 | 109,051 | 96,384 | 192,450 | 208,854 | 185,438 | 148,663 | 210,322 |
| loans | 0 | 245,207 | 600,105 | 617,522 | 647,854 | 678,306 | 696,733 | 721,815 | 745,563 | 777,101 | 611,495 | 238,567 | 248,645 | 259,921 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 2,813 | 0 | 9,539 | 12,902 | 0 | 2,044 | 4,360 | 0 | 1,354 | 7,696 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,032 | 32,532 | 0 | 49,407 | 89,408 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 245,207 | 600,105 | 617,522 | 650,667 | 678,306 | 706,272 | 734,717 | 745,563 | 784,177 | 648,387 | 238,567 | 299,406 | 357,025 |
| total liabilities | 119,733 | 696,430 | 702,778 | 720,153 | 759,994 | 771,620 | 807,441 | 843,768 | 841,947 | 976,627 | 857,241 | 424,005 | 448,069 | 567,347 |
| net assets | 2,390,089 | 1,820,612 | 1,466,625 | 1,084,884 | 1,002,355 | 760,212 | 589,705 | 457,302 | 318,714 | 91,197 | 113,150 | 110,182 | 223,462 | 45,366 |
| total shareholders funds | 2,390,089 | 1,820,612 | 1,466,625 | 1,084,884 | 1,002,355 | 760,212 | 589,705 | 457,302 | 318,714 | 91,197 | 113,150 | 110,182 | 223,462 | 45,366 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 63,371 | 57,052 | 61,143 | 49,290 | 45,003 | 44,810 | 37,983 | 31,636 | 18,972 | 18,096 | 19,239 | 23,459 | 27,326 | 20,478 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | -5,641 | 6,806 | -2,282 | 2,726 | -1,990 | 640 | 378 | 282 | -1,851 | 2,116 | -1,102 | -674 | -2,570 | 7,978 |
| Debtors | -183,973 | 188,968 | -132,465 | 10,636 | -2,463 | 98,240 | -16,997 | 42,061 | 880 | -222,827 | 278,594 | -28,018 | -215 | 84,643 |
| Creditors | -16,290 | 13,586 | 5,748 | -16,413 | 10,317 | -7,898 | 2,301 | 586 | -48,669 | -27,127 | -13,425 | 35,314 | -25,388 | 105,244 |
| Accruals and Deferred Income | 40,109 | 10,455 | -5,493 | 6,567 | 5,696 | -57 | -11,183 | 14,784 | -22,743 | 15,521 | -10,523 | 6,249 | -33,677 | 86,142 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -225,368 | -72,791 | -43,928 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -225,368 | -72,791 | -43,928 | ||||||
| Financing Activities | ||||||||||||||
| Bank loans | -336,309 | 324,509 | 600 | 2,800 | 0 | 0 | 0 | 60 | -660 | 825 | 3,475 | 200 | 700 | 3,800 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -11,759 | 11,759 | 0 | 0 | 0 |
| Other Short Term Loans | -19,000 | 0 | 2,000 | 900 | 0 | 100 | 1,000 | 800 | 9,200 | -1,000 | 500 | 0 | 900 | 4,600 |
| Long term loans | -245,207 | -354,898 | -17,417 | -30,332 | -30,452 | -18,427 | -25,082 | -23,748 | -31,538 | 165,606 | 372,928 | -10,078 | -11,276 | 259,921 |
| Hire Purchase and Lease Commitments | 0 | 0 | -2,813 | -3,363 | 2,813 | -9,539 | -3,363 | 14,221 | -2,316 | -2,316 | 5,322 | -6,342 | -10,536 | 18,232 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,032 | -27,500 | 32,532 | -49,407 | -40,001 | 89,408 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | -9,912 | -11,476 | -16,789 | -35,337 | -13,315 | -13,759 | -14,945 | -16,823 |
| cash flow from financing | -600,516 | -30,389 | -17,630 | -29,995 | -27,639 | -27,866 | -37,357 | -20,143 | -47,135 | 52,519 | 413,201 | -79,386 | -75,158 | 343,847 |
| cash and cash equivalents | ||||||||||||||
| cash | 92,304 | -176,910 | 405,111 | -54,354 | 254,835 | -143,084 | 82,195 | 86,606 | 70,285 | 1,399 | -55,633 | -29,710 | 55,601 | 31,199 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,882 | -32,922 | 7,136 | 30,668 | 0 | 0 | 0 |
| change in cash | 92,304 | -176,910 | 405,111 | -54,354 | 254,835 | -143,084 | 82,195 | 91,488 | 103,207 | -5,737 | -86,301 | -29,710 | 55,601 | 31,199 |
blyth star enterprises limited Credit Report and Business Information
Blyth Star Enterprises Limited Competitor Analysis
Perform a competitor analysis for blyth star enterprises limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in NE24 area or any other competitors across 12 key performance metrics.
blyth star enterprises limited Ownership
BLYTH STAR ENTERPRISES LIMITED group structure
Blyth Star Enterprises Limited has no subsidiary companies.
Ultimate parent company
BLYTH STAR ENTERPRISES LIMITED
02152943
blyth star enterprises limited directors
Blyth Star Enterprises Limited currently has 4 directors. The longest serving directors include Mr Stephen Gibson (Oct 1991) and Mr Timothy Chrisp (Dec 1995).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Gibson | 69 years | Oct 1991 | - | Director | |
| Mr Timothy Chrisp | 59 years | Dec 1995 | - | Director | |
| Mrs Sharron Herron | 60 years | Sep 2016 | - | Director | |
| Miss Leanne Tonks | 32 years | Mar 2019 | - | Director |
P&L
March 2023turnover
2.5m
+15%
operating profit
709.5k
0%
gross margin
30.1%
-6.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.4m
+0.31%
total assets
2.5m
0%
cash
619.8k
+0.17%
net assets
Total assets minus all liabilities
blyth star enterprises limited company details
company number
02152943
Type
Private Ltd By Guarantee w/o Share Cap
industry
16290 - Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
01130 - Growing of vegetables and melons, roots and tubers
88990 - Other social work activities without accommodation n.e.c.
incorporation date
August 1987
age
37
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
BELL TINDLE WILLIAMSON LLP
address
the old chandlery, 30 ridley street, blyth, northumberland, NE24 3AG
Bank
BARCLAYS BANK PLC, BARCLAYS BANK PLC, BARCLAYS BANK PLC
Legal Advisor
YARWOOD & STUBLEY
blyth star enterprises 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 7 charges/mortgages relating to blyth star enterprises limited. Currently there are 0 open charges and 7 have been satisfied in the past.
blyth star enterprises limited Companies House Filings - See Documents
| date | description | view/download |
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