birmingham cable limited
birmingham cable limited Company Information
Company Number
02244565
Next Accounts
2005 days late
Shareholders
virgin media wholesale ltd
Group Structure
View All
Industry
Other telecommunications activities
Registered Address
500 brook drive, reading, RG2 6UU
Website
http://virginmedia.co.ukbirmingham cable limited Estimated Valuation
Pomanda estimates the enterprise value of BIRMINGHAM CABLE LIMITED at £351.6m based on a Turnover of £135.1m and 2.6x industry multiple (adjusted for size and gross margin).
birmingham cable limited Estimated Valuation
Pomanda estimates the enterprise value of BIRMINGHAM CABLE LIMITED at £9.4b based on an EBITDA of £854.6m and a 10.98x industry multiple (adjusted for size and gross margin).
birmingham cable limited Estimated Valuation
Pomanda estimates the enterprise value of BIRMINGHAM CABLE LIMITED at £0 based on Net Assets of £0 and 2.41x industry multiple (adjusted for liquidity).
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Birmingham Cable Limited Overview
Birmingham Cable Limited is a live company located in reading, RG2 6UU with a Companies House number of 02244565. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in April 1988, it's largest shareholder is virgin media wholesale ltd with a 100% stake. Birmingham Cable Limited is a mature, mega sized company, Pomanda has estimated its turnover at £135.1m with declining growth in recent years.
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Birmingham Cable Limited Health Check
Pomanda's financial health check has awarded Birmingham Cable Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
1 Weak
Size
annual sales of £135.1m, make it larger than the average company (£9.4m)
£135.1m - Birmingham Cable Limited
£9.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (5.9%)
-7% - Birmingham Cable Limited
5.9% - Industry AVG
Production
with a gross margin of 76.9%, this company has a lower cost of product (39.4%)
76.9% - Birmingham Cable Limited
39.4% - Industry AVG
Profitability
an operating margin of 618% make it more profitable than the average company (4.8%)
618% - Birmingham Cable Limited
4.8% - Industry AVG
Employees
with 286 employees, this is above the industry average (53)
- Birmingham Cable Limited
53 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Birmingham Cable Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £472.2k, this is more efficient (£211.2k)
- Birmingham Cable Limited
£211.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Birmingham Cable Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Birmingham Cable Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Birmingham Cable Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Birmingham Cable Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Birmingham Cable Limited
- - Industry AVG
BIRMINGHAM CABLE LIMITED financials
Birmingham Cable Limited's latest turnover from December 2017 is £135.1 million and the company has net assets of 0. According to their latest financial statements, we estimate that Birmingham Cable Limited has 286 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 135,055,000 | 174,140,000 | 168,480,000 | 165,247,000 | 162,128,000 | 161,973,000 | 146,028,000 | 145,874,000 | 143,733,000 |
| Other Income Or Grants | |||||||||
| Cost Of Sales | 31,219,000 | 41,725,000 | 38,513,000 | 36,088,000 | 35,860,000 | 37,006,000 | 24,290,000 | 26,298,000 | 32,029,000 |
| Gross Profit | 103,836,000 | 132,415,000 | 129,967,000 | 129,159,000 | 126,268,000 | 124,967,000 | 121,738,000 | 119,576,000 | 111,704,000 |
| Admin Expenses | -730,817,000 | 90,659,000 | 90,235,000 | 91,106,000 | 96,764,000 | 93,640,000 | 90,103,000 | 86,647,000 | 65,568,000 |
| Operating Profit | 834,653,000 | 41,756,000 | 39,732,000 | 38,053,000 | 29,504,000 | 31,327,000 | 31,635,000 | 32,929,000 | 46,136,000 |
| Interest Payable | 6,684,000 | 9,625,000 | 8,280,000 | 9,938,000 | 7,995,000 | 8,706,000 | 9,963,000 | 8,806,000 | 4,531,000 |
| Interest Receivable | 75,000 | 1,843,000 | |||||||
| Pre-Tax Profit | 828,044,000 | 32,131,000 | 31,452,000 | 28,115,000 | 21,509,000 | 22,621,000 | 21,672,000 | 24,123,000 | 43,448,000 |
| Tax | -1,337,000 | -1,954,000 | -1,186,000 | -3,963,000 | 17,697,000 | ||||
| Profit After Tax | 828,044,000 | 30,794,000 | 29,498,000 | 26,929,000 | 17,546,000 | 40,318,000 | 21,672,000 | 24,123,000 | 43,448,000 |
| Dividends Paid | 1,087,044,000 | ||||||||
| Retained Profit | -259,000,000 | 30,794,000 | 29,498,000 | 26,929,000 | 17,546,000 | 40,318,000 | 21,672,000 | 24,123,000 | 43,448,000 |
| Employee Costs | |||||||||
| Number Of Employees | |||||||||
| EBITDA* | 854,556,000 | 68,851,000 | 68,516,000 | 67,039,000 | 59,119,000 | 58,937,000 | 56,714,000 | 55,619,000 | 66,598,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 92,662,000 | 94,062,000 | 102,158,000 | 111,885,000 | 121,789,000 | 128,941,000 | 136,842,000 | 144,732,000 | |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | 9,257,000 | 10,594,000 | 12,548,000 | 13,734,000 | 17,697,000 | 1,118,000 | |||
| Total Fixed Assets | 101,919,000 | 104,656,000 | 114,706,000 | 125,619,000 | 139,486,000 | 128,941,000 | 136,842,000 | 145,850,000 | |
| Stock & work in progress | |||||||||
| Trade Debtors | |||||||||
| Group Debtors | 433,341,000 | 393,343,000 | 354,170,000 | 316,054,000 | 285,488,000 | 257,249,000 | 228,147,000 | 190,094,000 | |
| Misc Debtors | |||||||||
| Cash | |||||||||
| misc current assets | |||||||||
| total current assets | 433,341,000 | 393,343,000 | 354,170,000 | 316,054,000 | 285,488,000 | 257,249,000 | 228,147,000 | 190,094,000 | |
| total assets | 535,260,000 | 497,999,000 | 468,876,000 | 441,673,000 | 424,974,000 | 386,190,000 | 364,989,000 | 335,944,000 | |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | |||||||||
| Group/Directors Accounts | 276,260,000 | 269,793,000 | 270,168,000 | 269,894,000 | 270,741,000 | 272,275,000 | 272,746,000 | 4,531,000 | |
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | |||||||||
| total current liabilities | 276,260,000 | 269,793,000 | 270,168,000 | 269,894,000 | 270,741,000 | 272,275,000 | 272,746,000 | 4,531,000 | |
| loans | 263,293,000 | ||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | 263,293,000 | ||||||||
| total liabilities | 276,260,000 | 269,793,000 | 270,168,000 | 269,894,000 | 270,741,000 | 272,275,000 | 272,746,000 | 267,824,000 | |
| net assets | 259,000,000 | 228,206,000 | 198,708,000 | 171,779,000 | 154,233,000 | 113,915,000 | 92,243,000 | 68,120,000 | |
| total shareholders funds | 259,000,000 | 228,206,000 | 198,708,000 | 171,779,000 | 154,233,000 | 113,915,000 | 92,243,000 | 68,120,000 |
| Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 834,653,000 | 41,756,000 | 39,732,000 | 38,053,000 | 29,504,000 | 31,327,000 | 31,635,000 | 32,929,000 | 46,136,000 |
| Depreciation | 19,903,000 | 27,095,000 | 28,784,000 | 28,986,000 | 29,615,000 | 27,610,000 | 25,079,000 | 22,690,000 | 20,462,000 |
| Amortisation | |||||||||
| Tax | -1,337,000 | -1,954,000 | -1,186,000 | -3,963,000 | 17,697,000 | ||||
| Stock | |||||||||
| Debtors | -442,598,000 | 38,661,000 | 37,219,000 | 36,930,000 | 26,603,000 | 45,936,000 | 29,102,000 | 36,935,000 | 191,212,000 |
| Creditors | |||||||||
| Accruals and Deferred Income | |||||||||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | 1,297,154,000 | 28,853,000 | 29,343,000 | 28,923,000 | 28,553,000 | 30,698,000 | 27,612,000 | 18,684,000 | -124,614,000 |
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -276,260,000 | 6,467,000 | -375,000 | 274,000 | -847,000 | -1,534,000 | -471,000 | 268,215,000 | 4,531,000 |
| Other Short Term Loans | |||||||||
| Long term loans | -263,293,000 | 263,293,000 | |||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | -6,609,000 | -9,625,000 | -8,280,000 | -9,938,000 | -7,995,000 | -8,706,000 | -9,963,000 | -8,806,000 | -2,688,000 |
| cash flow from financing | -282,869,000 | -3,158,000 | -8,655,000 | -9,664,000 | -8,842,000 | -10,240,000 | -10,434,000 | -3,884,000 | 289,808,000 |
| cash and cash equivalents | |||||||||
| cash | |||||||||
| overdraft | |||||||||
| change in cash |
birmingham cable limited Credit Report and Business Information
Birmingham Cable Limited Competitor Analysis
Perform a competitor analysis for birmingham cable limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mega companies, companies in RG2 area or any other competitors across 12 key performance metrics.
birmingham cable limited Ownership
BIRMINGHAM CABLE LIMITED group structure
Birmingham Cable Limited has no subsidiary companies.
Ultimate parent company
LIBERTY GLOBAL LTD
#0163582
2 parents
BIRMINGHAM CABLE LIMITED
02244565
birmingham cable limited directors
Birmingham Cable Limited currently has 2 directors. The longest serving directors include Mr Mark Hardman (Oct 2021) and Ms Julia Boyle (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Hardman | United Kingdom | 49 years | Oct 2021 | - | Director |
| Ms Julia Boyle | United Kingdom | 53 years | Oct 2021 | - | Director |
P&L
December 2017turnover
135.1m
-22%
operating profit
834.7m
+1899%
gross margin
76.9%
+1.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2017net assets
0
-1%
total assets
0
-1%
cash
0
0%
net assets
Total assets minus all liabilities
birmingham cable limited company details
company number
02244565
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
April 1988
age
37
incorporated
UK
ultimate parent company
accounts
Filing Exemption Subsidiary
last accounts submitted
December 2023
previous names
bughope limited (April 1988)
accountant
-
auditor
-
address
500 brook drive, reading, RG2 6UU
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
birmingham cable 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 36 charges/mortgages relating to birmingham cable limited. Currently there are 0 open charges and 36 have been satisfied in the past.
birmingham cable 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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birmingham cable limited Companies House Filings - See Documents
| date | description | view/download |
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