bdml connect limited
bdml connect limited Company Information
Company Number
02785540
Next Accounts
1208 days late
Industry
Non-life insurance
Shareholders
armatire limited
tilborne limited
View AllGroup Structure
View All
Contact
Registered Address
45 westerham road, sevenoaks, kent, TN13 2QB
Website
www.bdml.co.ukbdml connect limited Estimated Valuation
Pomanda estimates the enterprise value of BDML CONNECT LIMITED at £3.8m based on a Turnover of £6.6m and 0.58x industry multiple (adjusted for size and gross margin).
bdml connect limited Estimated Valuation
Pomanda estimates the enterprise value of BDML CONNECT LIMITED at £0 based on an EBITDA of £-2.4m and a 6.9x industry multiple (adjusted for size and gross margin).
bdml connect limited Estimated Valuation
Pomanda estimates the enterprise value of BDML CONNECT LIMITED at £8.5k based on Net Assets of £5k and 1.7x industry multiple (adjusted for liquidity).
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Bdml Connect Limited Overview
Bdml Connect Limited is a live company located in kent, TN13 2QB with a Companies House number of 02785540. It operates in the non-life insurance sector, SIC Code 65120. Founded in February 1993, it's largest shareholder is armatire limited with a 75% stake. Bdml Connect Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.6m with declining growth in recent years.
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Bdml Connect Limited Health Check
Pomanda's financial health check has awarded Bdml Connect Limited a 2 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
3 Strong
1 Regular
3 Weak
Size
annual sales of £6.6m, make it larger than the average company (£1.6m)
£6.6m - Bdml Connect Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (6.6%)
-11% - Bdml Connect Limited
6.6% - Industry AVG
Production
with a gross margin of 70.8%, this company has a higher cost of product (100%)
70.8% - Bdml Connect Limited
100% - Industry AVG
Profitability
an operating margin of -36.9% make it less profitable than the average company (12%)
-36.9% - Bdml Connect Limited
12% - Industry AVG
Employees
with 42 employees, this is above the industry average (26)
- Bdml Connect Limited
26 - Industry AVG
Pay Structure
on an average salary of £44.4k, the company has a lower pay structure (£56.2k)
- Bdml Connect Limited
£56.2k - Industry AVG
Efficiency
resulting in sales per employee of £156.9k, this is equally as efficient (£157.7k)
- Bdml Connect Limited
£157.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Bdml Connect Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Bdml Connect Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Bdml Connect Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Bdml Connect Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Bdml Connect Limited
- - Industry AVG
BDML CONNECT LIMITED financials
Bdml Connect Limited's latest turnover from December 2019 is £6.6 million and the company has net assets of £5 thousand. According to their latest financial statements, we estimate that Bdml Connect Limited has 42 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,588,923 | 8,358,006 | 7,984,575 | 9,428,686 | 21,918,208 | 20,195,846 | 22,910,167 | 42,967,937 | 57,014,633 | 54,603,675 | 41,754,845 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 1,922,619 | 2,450,972 | 2,451,171 | 3,158,512 | 5,752,851 | 4,583,585 | 5,745,288 | 10,668,345 | 21,806,199 | 23,911,437 | 17,893,502 |
| Gross Profit | 4,666,304 | 5,907,034 | 5,533,404 | 6,270,174 | 16,165,357 | 15,612,261 | 17,164,879 | 32,299,592 | 35,208,434 | 30,692,238 | 23,861,343 |
| Admin Expenses | 7,098,732 | 5,003,422 | 5,081,642 | 6,184,216 | 15,744,147 | 18,223,717 | 31,816,477 | 30,737,196 | 26,349,487 | 23,584,896 | 19,331,102 |
| Operating Profit | -2,432,428 | 903,612 | 451,762 | 85,958 | 421,210 | -2,611,456 | -14,651,598 | 1,562,396 | 8,858,947 | 7,107,342 | 4,530,241 |
| Interest Payable | 0 | 4,744 | 163,628 | 1,156,548 | 1,907,818 | 0 | 0 | 778 | 485,424 | 606,988 | |
| Interest Receivable | 57 | 282 | 188 | 250 | 252 | 4,682 | 141,807 | 0 | 0 | 120,483 | 88,844 |
| Pre-Tax Profit | -2,432,371 | 899,150 | 288,322 | -1,070,340 | 913,644 | -2,606,774 | -14,509,791 | 1,671,658 | 8,858,169 | 6,667,401 | 4,012,097 |
| Tax | 0 | -177,631 | 580,792 | -220,983 | 52,671 | 281,621 | 141,428 | -585,746 | -2,434,628 | -1,927,096 | -1,157,848 |
| Profit After Tax | -2,432,371 | 721,519 | 869,114 | -1,291,323 | 966,315 | -2,325,153 | -14,368,363 | 1,085,912 | 6,423,541 | 4,740,305 | 2,854,249 |
| Dividends Paid | 0 | 0 | 0 | 3,000,000 | 2,500,000 | 1,680,000 | 2,050,000 | 0 | 0 | 5,500,000 | 0 |
| Retained Profit | -2,432,371 | 721,519 | 869,114 | -4,291,323 | -1,533,685 | -4,005,153 | -16,418,363 | 1,085,912 | 6,423,541 | -759,695 | 2,854,249 |
| Employee Costs | 1,864,185 | 2,844,825 | 2,793,848 | 2,997,960 | 7,151,788 | 8,339,694 | 12,402,133 | 14,936,033 | 17,099,552 | 13,817,199 | 10,758,653 |
| Number Of Employees | 134 | 310 | 414 | 613 | 715 | 730 | 611 | 522 | |||
| EBITDA* | -2,414,236 | 979,418 | 919,165 | 1,014,154 | 2,706,621 | -2,094,291 | -12,533,283 | 2,656,144 | 9,728,175 | 7,602,343 | 5,204,218 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 18,745 | 96,215 | 562,167 | 1,504,893 | 2,245,615 | 1,481,564 | 5,499,412 | 5,947,574 | 1,331,593 | 854,525 |
| Intangible Assets | 0 | 0 | 0 | 0 | 2,951,056 | 210,173 | 630,519 | 1,343,725 | 7,037,587 | 327,314 | 0 |
| Investments & Other | 0 | 0 | 792,984 | 0 | 0 | 0 | 0 | 0 | 3,281,002 | 3,463,559 | 3,883,100 |
| Debtors (Due After 1 year) | 0 | 639,616 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 658,361 | 889,199 | 562,167 | 4,455,949 | 2,455,788 | 2,112,083 | 6,843,137 | 16,266,163 | 5,122,466 | 4,737,625 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 13,932,970 | 12,269,438 | 14,437,421 | 20,772,029 | 9,968,772 | 21,669,021 | 0 | 90,159,500 | 66,956,454 | 31,299,605 |
| Group Debtors | 5,001 | 6,894,222 | 10,912,426 | 14,912,155 | 11,200,811 | 6,424,540 | 7,850,000 | 261,582 | 13,940 | 4,738,662 | 6,051,574 |
| Misc Debtors | 0 | 193,300 | 1,202,702 | 1,104,852 | 2,807,163 | 3,332,176 | 3,873,972 | 49,285,027 | 17,222,573 | 15,152,243 | 5,104,231 |
| Cash | 0 | 53,924 | 908,866 | 2,508,820 | 3,723,337 | 3,842,733 | 4,742,702 | 34,381,586 | 3,761,648 | 0 | 6,471,965 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,001 | 21,074,416 | 24,500,448 | 32,963,248 | 38,503,340 | 23,568,221 | 38,135,695 | 83,928,195 | 111,157,661 | 86,847,359 | 48,927,375 |
| total assets | 5,001 | 21,732,777 | 25,389,647 | 33,525,415 | 42,959,289 | 26,024,009 | 40,247,778 | 90,771,332 | 127,423,824 | 91,969,825 | 53,665,000 |
| Bank overdraft | 0 | 17,265 | 63,265 | 164,212 | 127,986 | 760,255 | 0 | 0 | 0 | 6,735,236 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 8,620 | 130,566 | 288,328 | 667,050 | 691,316 | 136,504 | 0 | 373,466 | 729,222 | 1,285,283 |
| Group/Directors Accounts | 0 | 3,324,663 | 9,236,362 | 15,233,427 | 9,935,558 | 13,360,360 | 22,989,790 | 13,621,867 | 17,712,957 | 4,187,165 | 3,706,139 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 15,944,857 | 14,243,601 | 16,992,709 | 27,090,633 | 5,181,595 | 7,085,848 | 56,693,723 | 92,647,463 | 69,807,518 | 37,603,199 |
| total current liabilities | 0 | 19,295,405 | 23,673,794 | 32,678,676 | 37,821,227 | 19,993,526 | 30,212,142 | 70,315,590 | 110,733,886 | 81,459,141 | 42,594,621 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,743 | 43,212 | 287,499 | 87,499 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,743 | 43,212 | 287,499 | 87,499 |
| total liabilities | 0 | 19,295,405 | 23,673,794 | 32,678,676 | 37,821,227 | 19,993,526 | 30,212,142 | 70,317,333 | 110,777,098 | 81,746,640 | 42,682,120 |
| net assets | 5,001 | 2,437,372 | 1,715,853 | 846,739 | 5,138,062 | 6,030,483 | 10,035,636 | 20,453,999 | 16,646,726 | 10,223,185 | 10,982,880 |
| total shareholders funds | 5,001 | 2,437,372 | 1,715,853 | 846,739 | 5,138,062 | 6,030,483 | 10,035,636 | 20,453,999 | 16,646,726 | 10,223,185 | 10,982,880 |
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | -2,432,428 | 903,612 | 451,762 | 85,958 | 421,210 | -2,611,456 | -14,651,598 | 1,562,396 | 8,858,947 | 7,107,342 | 4,530,241 |
| Depreciation | 18,192 | 75,806 | 467,403 | 928,196 | 1,275,235 | 96,819 | 1,405,109 | 1,238,434 | 679,501 | 477,774 | 467,012 |
| Amortisation | 0 | 0 | 0 | 0 | 1,010,176 | 420,346 | 713,206 | -144,686 | 189,727 | 17,227 | 206,965 |
| Tax | 0 | -177,631 | 580,792 | -220,983 | 52,671 | 281,621 | 141,428 | -585,746 | -2,434,628 | -1,927,096 | -1,157,848 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -21,655,107 | -2,724,458 | -6,069,862 | -4,325,575 | 15,054,515 | -13,667,505 | -16,153,616 | -57,849,404 | 20,548,654 | 44,391,949 | 42,455,410 |
| Creditors | -8,620 | -121,946 | -157,762 | -378,722 | -24,266 | 554,812 | 136,504 | -373,466 | -355,756 | -556,061 | 1,285,283 |
| Accruals and Deferred Income | -15,944,857 | 1,701,256 | -2,749,108 | -10,097,924 | 21,909,038 | -1,904,253 | -49,607,875 | -35,953,740 | 22,839,945 | 32,204,319 | 37,603,199 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -1,743 | -41,469 | -244,287 | 200,000 | 87,499 |
| Cash flow from operations | 3,287,394 | 5,105,555 | 4,662,949 | -5,357,900 | 9,589,549 | 10,505,394 | -45,711,353 | 23,551,127 | 8,984,795 | -6,868,444 | 566,941 |
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | -792,984 | 792,984 | 0 | 0 | 0 | 0 | -3,281,002 | -182,557 | -419,541 | 3,883,100 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -3,324,663 | -5,911,699 | -5,997,065 | 5,297,869 | -3,424,802 | -9,629,430 | 9,367,923 | -4,091,090 | 13,525,792 | 481,026 | 3,706,139 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | 57 | -4,462 | -163,440 | -1,156,298 | -1,907,566 | 141,807 | 0 | -778 | -364,941 | -518,144 | |
| cash flow from financing | -3,324,606 | -5,916,161 | -6,160,505 | 4,141,571 | -4,691,104 | 15,509,730 | -1,369,729 | 13,525,014 | 116,085 | 11,316,626 | |
| cash and cash equivalents | |||||||||||
| cash | -53,924 | -854,942 | -1,599,954 | -1,214,517 | -119,396 | -899,969 | -29,638,884 | 30,619,938 | 3,761,648 | -6,471,965 | 6,471,965 |
| overdraft | -17,265 | -46,000 | -100,947 | 36,226 | -632,269 | 760,255 | 0 | 0 | -6,735,236 | 6,735,236 | 0 |
| change in cash | -36,659 | -808,942 | -1,499,007 | -1,250,743 | 512,873 | -1,660,224 | -29,638,884 | 30,619,938 | 10,496,884 | -13,207,201 | 6,471,965 |
bdml connect limited Credit Report and Business Information
Bdml Connect Limited Competitor Analysis
Perform a competitor analysis for bdml connect limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in TN13 area or any other competitors across 12 key performance metrics.
bdml connect limited Ownership
BDML CONNECT LIMITED group structure
Bdml Connect Limited has no subsidiary companies.
bdml connect limited directors
Bdml Connect Limited currently has 2 directors. The longest serving directors include Mr Keith Barber (Dec 2013) and Mr Michael Brittain (Feb 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Keith Barber | 50 years | Dec 2013 | - | Director | |
| Mr Michael Brittain | United Kingdom | 50 years | Feb 2015 | - | Director |
P&L
December 2019turnover
6.6m
-21%
operating profit
-2.4m
-369%
gross margin
70.9%
+0.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2019net assets
5k
-1%
total assets
5k
-1%
cash
0
-1%
net assets
Total assets minus all liabilities
bdml connect limited company details
company number
02785540
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
February 1993
age
32
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2019
previous names
rossborough insurance services limited (March 1999)
rossborough (uk) limited (November 1993)
accountant
-
auditor
MERCER & HOLE
address
45 westerham road, sevenoaks, kent, TN13 2QB
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
bdml connect 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 bdml connect limited. Currently there are 0 open charges and 7 have been satisfied in the past.
bdml connect 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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bdml connect limited Companies House Filings - See Documents
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