m.l.w. bell racing limited Company Information
Group Structure
View All
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Registered Address
fitzroy house, black bear lane, newmarket, suffolk, CB8 0JT
m.l.w. bell racing limited Estimated Valuation
Pomanda estimates the enterprise value of M.L.W. BELL RACING LIMITED at £952.3k based on a Turnover of £2m and 0.49x industry multiple (adjusted for size and gross margin).
m.l.w. bell racing limited Estimated Valuation
Pomanda estimates the enterprise value of M.L.W. BELL RACING LIMITED at £0 based on an EBITDA of £-144.9k and a 3.49x industry multiple (adjusted for size and gross margin).
m.l.w. bell racing limited Estimated Valuation
Pomanda estimates the enterprise value of M.L.W. BELL RACING LIMITED at £1.8m based on Net Assets of £768.2k and 2.3x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
M.l.w. Bell Racing Limited Overview
M.l.w. Bell Racing Limited is a live company located in newmarket, CB8 0JT with a Companies House number of 02813098. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in April 1993, it's largest shareholder is m.l.w. bell with a 100% stake. M.l.w. Bell Racing Limited is a mature, small sized company, Pomanda has estimated its turnover at £2m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
M.l.w. Bell Racing Limited Health Check
Pomanda's financial health check has awarded M.L.W. Bell Racing Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs


4 Strong

1 Regular

7 Weak

Size
annual sales of £2m, make it smaller than the average company (£2.9m)
- M.l.w. Bell Racing Limited
£2.9m - Industry AVG

Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (7.2%)
- M.l.w. Bell Racing Limited
7.2% - Industry AVG

Production
with a gross margin of 24.1%, this company has a higher cost of product (45%)
- M.l.w. Bell Racing Limited
45% - Industry AVG

Profitability
an operating margin of -8.6% make it less profitable than the average company (5.6%)
- M.l.w. Bell Racing Limited
5.6% - Industry AVG

Employees
with 42 employees, this is above the industry average (23)
42 - M.l.w. Bell Racing Limited
23 - Industry AVG

Pay Structure
on an average salary of £53.5k, the company has an equivalent pay structure (£53.5k)
- M.l.w. Bell Racing Limited
£53.5k - Industry AVG

Efficiency
resulting in sales per employee of £46.7k, this is less efficient (£126.3k)
- M.l.w. Bell Racing Limited
£126.3k - Industry AVG

Debtor Days
it gets paid by customers after 95 days, this is later than average (56 days)
- M.l.w. Bell Racing Limited
56 days - Industry AVG

Creditor Days
its suppliers are paid after 73 days, this is slower than average (31 days)
- M.l.w. Bell Racing Limited
31 days - Industry AVG

Stock Days
it holds stock equivalent to 45 days, this is more than average (30 days)
- M.l.w. Bell Racing Limited
30 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 38 weeks, this is more cash available to meet short term requirements (25 weeks)
38 weeks - M.l.w. Bell Racing Limited
25 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 29.9%, this is a lower level of debt than the average (53.2%)
29.9% - M.l.w. Bell Racing Limited
53.2% - Industry AVG
M.L.W. BELL RACING LIMITED financials

M.L.W. Bell Racing Limited's latest turnover from December 2023 is estimated at £2 million and the company has net assets of £768.2 thousand. According to their latest financial statements, M.L.W. Bell Racing Limited has 42 employees and maintains cash reserves of £242 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 2,031,225 | 1,963,305 | 2,275,156 | 2,224,938 | |||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 1,703,082 | 1,481,093 | 1,757,552 | 1,634,200 | |||||||||||
Gross Profit | 328,143 | 482,212 | 517,604 | 590,738 | |||||||||||
Admin Expenses | 12,322 | 67,051 | 298,348 | 331,379 | |||||||||||
Operating Profit | 315,821 | 415,161 | 219,256 | 259,359 | |||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | 10,075 | 878 | |||||||||||||
Pre-Tax Profit | 12,322 | 67,051 | 209,181 | 260,237 | |||||||||||
Tax | -9,027 | -21,572 | -50,496 | -49,963 | |||||||||||
Profit After Tax | 3,295 | 45,479 | 158,685 | 210,274 | |||||||||||
Dividends Paid | 125,000 | 80,000 | |||||||||||||
Retained Profit | 3,295 | 45,479 | 33,685 | 130,274 | |||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 42 | 32 | 31 | 35 | 32 | 32 | |||||||||
EBITDA* | 375,454 | 415,161 | 234,056 | 275,539 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 156,100 | 180,380 | 179,500 | 209,900 | 228,400 | 252,800 | 184,050 | 108,000 | 122,700 | 143,630 | 106,000 | 111,380 | 109,950 | 97,000 | 107,900 |
Intangible Assets | |||||||||||||||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 156,100 | 180,380 | 179,500 | 209,900 | 228,400 | 252,800 | 184,050 | 108,000 | 122,700 | 143,630 | 106,000 | 111,380 | 109,950 | 97,000 | 107,900 |
Stock & work in progress | 186,500 | 222,500 | 151,500 | 134,500 | 94,500 | 183,000 | 187,250 | 289,500 | 242,500 | 186,500 | 151,000 | 140,000 | 131,000 | 157,570 | 171,000 |
Trade Debtors | 511,855 | 697,877 | 618,249 | 656,381 | 665,980 | 1,859,212 | 1,279,296 | 500,534 | 393,060 | 474,386 | 619,280 | 890,577 | 367,019 | 368,292 | 231,886 |
Group Debtors | |||||||||||||||
Misc Debtors | 18,010 | ||||||||||||||
Cash | 242,012 | 287,666 | 308,562 | 272,989 | 236,649 | 441,492 | 299,774 | 426,693 | 518,466 | 452,799 | 309,580 | 83,202 | 575,285 | 436,845 | 466,147 |
misc current assets | |||||||||||||||
total current assets | 940,367 | 1,208,043 | 1,078,311 | 1,063,870 | 997,129 | 2,483,704 | 1,766,320 | 1,216,727 | 1,154,026 | 1,113,685 | 1,079,860 | 1,113,779 | 1,073,304 | 962,707 | 887,043 |
total assets | 1,096,467 | 1,388,423 | 1,257,811 | 1,273,770 | 1,225,529 | 2,736,504 | 1,950,370 | 1,324,727 | 1,276,726 | 1,257,315 | 1,185,860 | 1,225,159 | 1,183,254 | 1,059,707 | 994,943 |
Bank overdraft | |||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 298,041 | 464,888 | 391,266 | 401,627 | 259,592 | 1,657,361 | 1,046,609 | 347,972 | 250,405 | 199,070 | 174,064 | 201,885 | 278,626 | 104,805 | 63,057 |
Group/Directors Accounts | 8,678 | 20,649 | 13,000 | ||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 21,510 | 59,087 | 72,597 | 128,256 | 125,925 | ||||||||||
total current liabilities | 328,229 | 464,888 | 391,266 | 401,627 | 259,592 | 1,657,361 | 1,046,609 | 427,708 | 323,002 | 199,070 | 174,064 | 201,885 | 278,626 | 233,061 | 201,982 |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | |||||||||||||||
total long term liabilities | |||||||||||||||
total liabilities | 328,229 | 464,888 | 391,266 | 401,627 | 259,592 | 1,657,361 | 1,046,609 | 427,708 | 323,002 | 199,070 | 174,064 | 201,885 | 278,626 | 233,061 | 201,982 |
net assets | 768,238 | 923,535 | 866,545 | 872,143 | 965,937 | 1,079,143 | 903,761 | 897,019 | 953,724 | 1,058,245 | 1,011,796 | 1,023,274 | 904,628 | 826,646 | 792,961 |
total shareholders funds | 768,238 | 923,535 | 866,545 | 872,143 | 965,937 | 1,079,143 | 903,761 | 897,019 | 953,724 | 1,058,245 | 1,011,796 | 1,023,274 | 904,628 | 826,646 | 792,961 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | 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 | 315,821 | 415,161 | 219,256 | 259,359 | |||||||||||
Depreciation | 24,280 | 24,880 | 30,400 | 21,300 | 24,400 | 26,971 | 18,950 | 59,633 | 14,800 | 16,180 | |||||
Amortisation | |||||||||||||||
Tax | -9,027 | -21,572 | -50,496 | -49,963 | |||||||||||
Stock | -36,000 | 71,000 | 17,000 | 40,000 | -88,500 | -4,250 | -102,250 | 47,000 | 56,000 | 35,500 | 11,000 | 9,000 | -26,570 | -13,430 | 171,000 |
Debtors | -186,022 | 79,628 | -38,132 | -9,599 | -1,193,232 | 579,916 | 778,762 | 107,474 | -81,326 | -144,894 | -271,297 | 523,558 | -1,273 | 118,396 | 249,896 |
Creditors | -166,847 | 73,622 | -10,361 | 142,035 | -1,397,769 | 610,752 | 698,637 | 97,567 | 51,335 | 25,006 | -27,821 | -76,741 | 173,821 | 41,748 | 63,057 |
Accruals and Deferred Income | 21,510 | -59,087 | -13,510 | 72,597 | -128,256 | 2,331 | 125,925 | ||||||||
Deferred Taxes & Provisions | |||||||||||||||
Cash flow from operations | 296,010 | 542,847 | 122,673 | -6,338 | |||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | 8,678 | -20,649 | 20,649 | -13,000 | 13,000 | ||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | 10,075 | ||||||||||||||
cash flow from financing | -39,351 | -150,000 | -2,925 | ||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -45,654 | -20,896 | 35,573 | 36,340 | -204,843 | 141,718 | -126,919 | -91,773 | 65,667 | 143,219 | 226,378 | -492,083 | 138,440 | -29,302 | 466,147 |
overdraft | |||||||||||||||
change in cash | -45,654 | -20,896 | 35,573 | 36,340 | -204,843 | 141,718 | -126,919 | -91,773 | 65,667 | 143,219 | 226,378 | -492,083 | 138,440 | -29,302 | 466,147 |
m.l.w. bell racing limited Credit Report and Business Information
M.l.w. Bell Racing Limited Competitor Analysis

Perform a competitor analysis for m.l.w. bell racing limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in CB8 area or any other competitors across 12 key performance metrics.
m.l.w. bell racing limited Ownership
M.L.W. BELL RACING LIMITED group structure
M.L.W. Bell Racing Limited has no subsidiary companies.
Ultimate parent company
M.L.W. BELL RACING LIMITED
02813098
m.l.w. bell racing limited directors
M.L.W. Bell Racing Limited currently has 1 director, Mr Michael Bell serving since Apr 1993.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Bell | 64 years | Apr 1993 | - | Director |
P&L
December 2023turnover
2m
-8%
operating profit
-169.2k
0%
gross margin
24.2%
+2.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
768.2k
-0.17%
total assets
1.1m
-0.21%
cash
242k
-0.16%
net assets
Total assets minus all liabilities
m.l.w. bell racing limited company details
company number
02813098
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
April 1993
age
32
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
fitzroy house, black bear lane, newmarket, suffolk, CB8 0JT
Bank
-
Legal Advisor
-
m.l.w. bell racing 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 m.l.w. bell racing limited.
m.l.w. bell racing 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.
Click to start generating capital raising & share issue transactions for M.L.W. BELL RACING LIMITED. This can take several minutes, an email will notify you when this has completed.
m.l.w. bell racing limited Companies House Filings - See Documents
date | description | view/download |
---|