the british paralympic association

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the british paralympic association Company Information

Share THE BRITISH PARALYMPIC ASSOCIATION

Company Number

02370578

Shareholders

-

Group Structure

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Industry

Other sports activities (not including activities of racehorse owners) n.e.c.

 

Registered Address

101 new cavendish street, london, W1W 6XH

the british paralympic association Estimated Valuation

£10.2m

Pomanda estimates the enterprise value of THE BRITISH PARALYMPIC ASSOCIATION at £10.2m based on a Turnover of £8.7m and 1.17x industry multiple (adjusted for size and gross margin).

the british paralympic association Estimated Valuation

£5.2m

Pomanda estimates the enterprise value of THE BRITISH PARALYMPIC ASSOCIATION at £5.2m based on an EBITDA of £1m and a 5.21x industry multiple (adjusted for size and gross margin).

the british paralympic association Estimated Valuation

£14.6m

Pomanda estimates the enterprise value of THE BRITISH PARALYMPIC ASSOCIATION at £14.6m based on Net Assets of £7.1m and 2.04x industry multiple (adjusted for liquidity).

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The British Paralympic Association Overview

The British Paralympic Association is a live company located in london, W1W 6XH with a Companies House number of 02370578. It operates in the other sports activities sector, SIC Code 93199. Founded in April 1989, it's largest shareholder is unknown. The British Paralympic Association is a mature, mid sized company, Pomanda has estimated its turnover at £8.7m with high growth in recent years.

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The British Paralympic Association Health Check

Pomanda's financial health check has awarded The British Paralympic Association a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

2 Regular

positive_score

2 Weak

size

Size

annual sales of £8.7m, make it larger than the average company (£595k)

£8.7m - The British Paralympic Association

£595k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (12%)

21% - The British Paralympic Association

12% - Industry AVG

production

Production

with a gross margin of 45.6%, this company has a comparable cost of product (45.6%)

45.6% - The British Paralympic Association

45.6% - Industry AVG

profitability

Profitability

an operating margin of 11% make it more profitable than the average company (1.2%)

11% - The British Paralympic Association

1.2% - Industry AVG

employees

Employees

with 49 employees, this is above the industry average (13)

49 - The British Paralympic Association

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £57.9k, the company has a higher pay structure (£27.8k)

£57.9k - The British Paralympic Association

£27.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £178k, this is more efficient (£63.6k)

£178k - The British Paralympic Association

£63.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 20 days, this is later than average (15 days)

20 days - The British Paralympic Association

15 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 33 days, this is slower than average (29 days)

33 days - The British Paralympic Association

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The British Paralympic Association

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 107 weeks, this is more cash available to meet short term requirements (71 weeks)

107 weeks - The British Paralympic Association

71 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 36.1%, this is a similar level of debt than the average (36.4%)

36.1% - The British Paralympic Association

36.4% - Industry AVG

THE BRITISH PARALYMPIC ASSOCIATION financials

EXPORTms excel logo

The British Paralympic Association's latest turnover from March 2024 is £8.7 million and the company has net assets of £7.1 million. According to their latest financial statements, The British Paralympic Association has 49 employees and maintains cash reserves of £8.3 million 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
Turnover8,720,4625,317,76111,108,3404,976,5133,902,9102,837,3352,922,7099,048,0303,954,8553,402,6173,007,8206,080,7974,805,6062,737,1541,673,353
Other Income Or Grants000000000000000
Cost Of Sales4,746,7233,041,9955,829,9902,922,6552,240,6831,576,7581,612,1474,816,7442,081,2131,793,7691,565,6173,248,3512,645,7491,494,595953,051
Gross Profit3,973,7392,275,7665,278,3502,053,8581,662,2271,260,5771,310,5624,231,2861,873,6421,608,8481,442,2032,832,4462,159,8571,242,559720,302
Admin Expenses3,012,5691,126,3203,064,728468,5551,669,0301,600,0182,100,4584,420,7831,789,5971,811,2021,941,2193,215,370-655,127204,851719,813
Operating Profit961,1701,149,4462,213,6221,585,303-6,803-339,441-789,896-189,49784,045-202,354-499,016-382,9242,814,9841,037,708489
Interest Payable000000000000000
Interest Receivable000000000000000
Pre-Tax Profit1,042,7561,189,9971,827,3241,286,831-4,035-320,736-778,455-182,57380,771-183,612-486,477-370,0712,093,793753,6213,207
Tax000000000000000
Profit After Tax1,042,7561,189,9971,827,3241,286,831-4,035-320,736-778,455-182,57380,771-183,612-486,477-370,0712,093,793753,6213,207
Dividends Paid000000000000000
Retained Profit1,042,7561,189,9971,827,3241,286,831-4,035-320,736-778,455-182,57380,771-183,612-486,477-370,0712,093,793753,6213,207
Employee Costs2,838,9932,309,7092,217,6881,991,2071,845,3511,776,8321,622,7241,592,3551,467,2211,341,3121,176,9161,040,386927,105787,019695,466
Number Of Employees494440393733272930282727252118
EBITDA*1,007,3881,167,2292,241,0591,677,79584,684-297,900-773,979-174,227101,377-169,681-458,357-360,6872,828,5091,053,28011,857

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets32,16033,21067,466146,893167,670163,37099,96231,28318,76625,79354,52171,76340,23027,72526,384
Intangible Assets23,38656,0960000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets55,54689,30667,466146,893167,670163,37099,96231,28318,76625,79354,52171,76340,23027,72526,384
Stock & work in progress000000000000000
Trade Debtors491,1098,11401,684,5491,308,000129,000000000000
Group Debtors000000000000000
Misc Debtors2,284,0211,523,8671,856,8351,150,1801,158,771475,1471,572,357566,0531,223,566342,285331,2313,172,7411,092,770217,864201,650
Cash8,347,4768,001,9237,042,1394,246,8082,506,8323,028,5341,959,5262,616,7822,922,4303,845,2343,651,6901,363,9923,777,1492,009,1371,586,175
misc current assets000000000000000
total current assets11,122,6069,533,9048,898,9747,081,5374,973,6033,632,6813,531,8833,182,8354,145,9964,187,5193,982,9214,536,7334,869,9192,227,0011,787,825
total assets11,178,1529,623,2108,966,4407,228,4305,141,2733,796,0513,631,8453,214,1184,164,7624,213,3124,037,4424,608,4964,910,1492,254,7261,814,209
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 437,533115,9130000000000000
Group/Directors Accounts007357357357357357357357358350000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities3,601,7833,411,2174,059,6224,148,9363,348,6091,999,3551,514,413318,2311,086,3021,215,623838,878924,290855,872294,243607,347
total current liabilities4,039,3163,527,1304,060,3574,149,6713,349,3442,000,0901,515,148318,9661,087,0371,216,358839,713924,290855,872294,243607,347
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities4,039,3163,527,1304,060,3574,149,6713,349,3442,000,0901,515,148318,9661,087,0371,216,358839,713924,290855,872294,243607,347
net assets7,138,8366,096,0804,906,0833,078,7591,791,9291,795,9612,116,6972,895,1523,077,7252,996,9543,197,7293,684,2064,054,2771,960,4831,206,862
total shareholders funds7,138,8366,096,0804,906,0833,078,7591,791,9291,795,9612,116,6972,895,1523,077,7252,996,9543,197,7293,684,2064,054,2771,960,4831,206,862
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit961,1701,149,4462,213,6221,585,303-6,803-339,441-789,896-189,49784,045-202,354-499,016-382,9242,814,9841,037,708489
Depreciation13,50717,78327,43792,49291,48741,54115,91715,27017,33232,67340,65922,23713,52515,57211,368
Amortisation32,71100000000000000
Tax000000000000000
Stock000000000000000
Debtors1,243,149-324,854-977,894367,9581,862,624-968,2101,006,304-657,513881,28111,054-2,841,5102,079,971874,90616,214201,650
Creditors321,620115,9130000000000000
Accruals and Deferred Income190,566-648,405-89,314800,3271,349,254484,9421,196,182-768,071-129,321376,745-85,41268,418561,629-313,104607,347
Deferred Taxes & Provisions000000000000000
Cash flow from operations276,425959,5913,129,6392,110,164-428,6861,155,252-584,101-284,785-909,225196,0102,297,741-2,372,2402,515,232723,962417,554
Investing Activities
capital expenditure00000-107,104-84,596-29,617-10,305-3,945-23,417-53,770-26,030-16,913-37,752
Change in Investments000000000000000
cash flow from investments00000-107,104-84,596-29,617-10,305-3,945-23,417-53,770-26,030-16,913-37,752
Financing Activities
Bank loans000000000000000
Group/Directors Accounts0-7350000000-1008350000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000-130000-17,16300101,203,655
interest000000000000000
cash flow from financing0-7350-130000-17,2638350101,203,655
cash and cash equivalents
cash345,553959,7842,795,3311,739,976-521,7021,069,008-657,256-305,648-922,804193,5442,287,698-2,413,1571,768,012422,9621,586,175
overdraft000000000000000
change in cash345,553959,7842,795,3311,739,976-521,7021,069,008-657,256-305,648-922,804193,5442,287,698-2,413,1571,768,012422,9621,586,175

the british paralympic association 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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The British Paralympic Association Competitor Analysis

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Perform a competitor analysis for the british paralympic association by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mid companies, companies in W1W area or any other competitors across 12 key performance metrics.

the british paralympic association Ownership

THE BRITISH PARALYMPIC ASSOCIATION group structure

The British Paralympic Association has 3 subsidiary companies.

THE BRITISH PARALYMPIC ASSOCIATION Shareholders

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the british paralympic association directors

The British Paralympic Association currently has 12 directors. The longest serving directors include Mr Nick Webborn (Feb 2017) and Mr Christopher Brown (Nov 2018).

officercountryagestartendrole
Mr Nick Webborn68 years Feb 2017- Director
Mr Christopher BrownEngland56 years Nov 2018- Director
Mrs Helen RowbothamEngland48 years Nov 2018- Director
Mrs Anne StrikeEngland55 years Nov 2018- Director
Mrs Kate AdamsEngland45 years Mar 2019- Director
Mr David RossEngland59 years Oct 2019- Director
Ms Helene RaynsfordEngland45 years Nov 2019- Director
Ms Pippa BrittonEngland61 years Nov 2021- Director
Mr Fred Hargreaves ObeEngland55 years Nov 2021- Director
Ms Sally HancockEngland63 years Feb 2022- Director

P&L

March 2024

turnover

8.7m

+64%

operating profit

961.2k

0%

gross margin

45.6%

+6.48%

turnover

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

Balance Sheet

March 2024

net assets

7.1m

+0.17%

total assets

11.2m

+0.16%

cash

8.3m

+0.04%

net assets

Total assets minus all liabilities

the british paralympic association company details

company number

02370578

Type

Private Limited by guarantee without Share Capital Exempt from using Limited

industry

93199 - Other sports activities (not including activities of racehorse owners) n.e.c.

incorporation date

April 1989

age

36

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

PRICEW BAILEY

address

101 new cavendish street, london, W1W 6XH

Bank

HSBC BANK PLC

Legal Advisor

HOGAN LOVELLS

the british paralympic association 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 the british paralympic association.

the british paralympic association 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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the british paralympic association Companies House Filings - See Documents

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