the business services association

the business services association Company Information

Share THE BUSINESS SERVICES ASSOCIATION
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Company Number

02834529

Industry

Activities of other membership organisations n.e.c.

 

Directors

Kevin Craven

David Carr

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Shareholders

-

Group Structure

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Contact

Registered Address

2nd floor 130 fleet street, london, EC4A 2BH

the business services association Estimated Valuation

£4.5m

Pomanda estimates the enterprise value of THE BUSINESS SERVICES ASSOCIATION at £4.5m based on a Turnover of £4.7m and 0.95x industry multiple (adjusted for size and gross margin).

the business services association Estimated Valuation

£0

Pomanda estimates the enterprise value of THE BUSINESS SERVICES ASSOCIATION at £0 based on an EBITDA of £-36.2k and a 6.35x industry multiple (adjusted for size and gross margin).

the business services association Estimated Valuation

£613.1k

Pomanda estimates the enterprise value of THE BUSINESS SERVICES ASSOCIATION at £613.1k based on Net Assets of £252.3k and 2.43x industry multiple (adjusted for liquidity).

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The Business Services Association Overview

The Business Services Association is a live company located in london, EC4A 2BH with a Companies House number of 02834529. It operates in the activities of other membership organizations n.e.c. sector, SIC Code 94990. Founded in July 1993, it's largest shareholder is unknown. The Business Services Association is a mature, small sized company, Pomanda has estimated its turnover at £4.7m with high growth in recent years.

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The Business Services Association Health Check

Pomanda's financial health check has awarded The Business Services Association a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £4.7m, make it larger than the average company (£397.9k)

£4.7m - The Business Services Association

£397.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (6.4%)

19% - The Business Services Association

6.4% - Industry AVG

production

Production

with a gross margin of 95.8%, this company has a comparable cost of product (95.8%)

95.8% - The Business Services Association

95.8% - Industry AVG

profitability

Profitability

an operating margin of -0.8% make it less profitable than the average company (1.9%)

-0.8% - The Business Services Association

1.9% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (10)

5 - The Business Services Association

10 - Industry AVG

paystructure

Pay Structure

on an average salary of £28.1k, the company has an equivalent pay structure (£28.1k)

£28.1k - The Business Services Association

£28.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £947.5k, this is more efficient (£53.5k)

£947.5k - The Business Services Association

£53.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 36 days, this is later than average (11 days)

36 days - The Business Services Association

11 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4 days, this is quicker than average (33 days)

4 days - The Business Services Association

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The Business Services Association

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 38 weeks, this is less cash available to meet short term requirements (142 weeks)

38 weeks - The Business Services Association

142 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 79.5%, this is a higher level of debt than the average (21.9%)

79.5% - The Business Services Association

21.9% - Industry AVG

THE BUSINESS SERVICES ASSOCIATION financials

EXPORTms excel logo

The Business Services Association's latest turnover from December 2023 is estimated at £4.7 million and the company has net assets of £252.3 thousand. According to their latest financial statements, The Business Services Association has 5 employees and maintains cash reserves of £724.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Sep 2009
Turnover4,737,7033,191,2794,970,2332,830,3832,745,3583,341,3054,631,3275,738,9798,259,82215,409,03914,506,51013,439,75112,614,3031,149,2150
Other Income Or Grants000000000000000
Cost Of Sales200,90843,89375442000897,1683,544,0426,840,2177,269,3976,827,4276,298,201589,7330
Gross Profit4,536,7953,147,3864,969,4792,830,3422,745,3583,341,3054,631,3274,841,8104,715,7808,568,8227,237,1136,612,3246,316,102559,4810
Admin Expenses4,575,5583,183,8994,968,5292,792,2582,770,0383,385,4734,561,4264,846,4784,800,7338,541,6747,126,2206,503,4136,175,509550,821-9,658
Operating Profit-38,763-36,51395038,084-24,680-44,16869,901-4,668-84,95327,148110,893108,911140,5938,6609,658
Interest Payable000000000000000
Interest Receivable39,74025,5211,8658015,9125,3332,9041,6573,1562,4621,9421,213808417158
Pre-Tax Profit977-10,9922,81538,885-18,768-38,83572,805-3,011-81,79729,610112,835110,124141,4019,0769,815
Tax-2440-535-7,38800-13,83300-6,218-25,952-26,430-36,764-2,541-2,748
Profit After Tax733-10,9922,28031,497-18,768-38,83558,972-3,011-81,79723,39286,88383,694104,6376,5357,067
Dividends Paid000000000000000
Retained Profit733-10,9922,28031,497-18,768-38,83558,972-3,011-81,79723,39286,88383,694104,6376,5357,067
Employee Costs140,295131,710128,000126,228124,574143,295165,770188,1423,550,2616,506,2676,425,8766,265,5545,777,781529,6720
Number Of Employees55555678144258250244229210
EBITDA*-36,215-32,5554,92840,940-22,778-42,76772,194-697-80,85930,761114,234120,151156,91216,22311,254

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Sep 2009
Tangible Assets4,8563,4536,4605,9884,4034,1149343,3326,5975,5475,1844,99912,74327,4743,241
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets4,8563,4536,4605,9884,4034,1149343,3326,5975,5475,1844,99912,74327,4743,241
Stock & work in progress000000000000000
Trade Debtors470,083310,684482,125301,516281,246355,585480,418709,996398,849764,366753,685696,499631,17856,73177,238
Group Debtors000000000000000
Misc Debtors32,54439,55435,65933,05416,33528,94932,36325,27730,638000000
Cash724,897789,010669,306822,905779,256797,237624,839536,875788,570473,646511,254265,431219,641103,69763,050
misc current assets000000000000000
total current assets1,227,5241,139,2481,187,0901,157,4751,076,8371,181,7711,137,6201,272,1481,218,0571,238,0121,264,939961,930850,819160,428140,288
total assets1,232,3801,142,7011,193,5501,163,4631,081,2401,185,8851,138,5541,275,4801,224,6541,243,5591,270,123966,929863,562187,902143,529
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 2,4586,5582,8116,7772,42923,1943,2332,84015,292931,351981,307764,996745,323174,300136,462
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities977,635884,589928,193896,420850,042915,154848,9491,045,240978,951000000
total current liabilities980,093891,147931,004903,197852,471938,348852,1821,048,080994,243931,351981,307764,996745,323174,300136,462
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities980,093891,147931,004903,197852,471938,348852,1821,048,080994,243931,351981,307764,996745,323174,300136,462
net assets252,287251,554262,546260,266228,769247,537286,372227,400230,411312,208288,816201,933118,23913,6027,067
total shareholders funds252,287251,554262,546260,266228,769247,537286,372227,400230,411312,208288,816201,933118,23913,6027,067
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Sep 2009
Operating Activities
Operating Profit-38,763-36,51395038,084-24,680-44,16869,901-4,668-84,95327,148110,893108,911140,5938,6609,658
Depreciation2,5483,9583,9782,8561,9021,4012,2933,9714,0943,6133,34111,24016,3197,5631,596
Amortisation000000000000000
Tax-2440-535-7,38800-13,83300-6,218-25,952-26,430-36,764-2,541-2,748
Stock000000000000000
Debtors152,389-167,546183,21436,989-86,953-128,247-222,492305,786-334,87910,68157,18665,321574,447-20,50777,238
Creditors-4,1003,747-3,9664,348-20,76519,961393-12,452-916,059-49,956216,31119,673571,02337,838136,462
Accruals and Deferred Income93,046-43,60431,77346,378-65,11266,205-196,29166,289978,951000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-99,90295,134-151,01447,289-21,702171,64684,955-252,646316,912-36,094247,40748,073116,72472,02767,730
Investing Activities
capital expenditure-3,951-951-4,450-4,441-2,191-4,581105-706-5,144-3,976-3,526-3,496-1,588-31,796-4,837
Change in Investments000000000000000
cash flow from investments-3,951-951-4,450-4,441-2,191-4,581105-706-5,144-3,976-3,526-3,496-1,588-31,796-4,837
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000000000000
interest39,74025,5211,8658015,9125,3332,9041,6573,1562,4621,9421,213808417158
cash flow from financing39,74025,5211,8658015,9125,3332,9041,6573,1562,4621,9421,213808417158
cash and cash equivalents
cash-64,113119,704-153,59943,649-17,981172,39887,964-251,695314,924-37,608245,82345,790115,94440,64763,050
overdraft000000000000000
change in cash-64,113119,704-153,59943,649-17,981172,39887,964-251,695314,924-37,608245,82345,790115,94440,64763,050

the business services 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 Business Services Association Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for the business services association by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in EC4A area or any other competitors across 12 key performance metrics.

the business services association Ownership

THE BUSINESS SERVICES ASSOCIATION group structure

The Business Services Association has no subsidiary companies.

Ultimate parent company

THE BUSINESS SERVICES ASSOCIATION

02834529

THE BUSINESS SERVICES ASSOCIATION Shareholders

--

the business services association directors

The Business Services Association currently has 8 directors. The longest serving directors include Mr Kevin Craven (Jan 2015) and Mr David Carr (Apr 2016).

officercountryagestartendrole
Mr Kevin CravenEngland63 years Jan 2015- Director
Mr David CarrEngland55 years Apr 2016- Director
Mr Christopher LuckEngland59 years Jul 2020- Director
Mr Robin Mills57 years Dec 2020- Director
Mr Robin MillsEngland57 years Dec 2020- Director
Mrs Deborah Watson60 years Sep 2021- Director
Mrs Hilary Robertson64 years Sep 2021- Director
Mr Gordon BrockingtonEngland51 years Jan 2023- Director

P&L

December 2023

turnover

4.7m

+48%

operating profit

-38.8k

0%

gross margin

95.8%

-2.91%

turnover

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

Balance Sheet

December 2023

net assets

252.3k

0%

total assets

1.2m

+0.08%

cash

724.9k

-0.08%

net assets

Total assets minus all liabilities

the business services association company details

company number

02834529

Type

Private Limited by guarantee without Share Capital Exempt from using Limited

industry

94990 - Activities of other membership organisations n.e.c.

incorporation date

July 1993

age

32

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

OCULUS ACCOUNTANCY

auditor

-

address

2nd floor 130 fleet street, london, EC4A 2BH

Bank

-

Legal Advisor

-

the business services 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 found 2 charges/mortgages relating to the business services association. Currently there are 2 open charges and 0 have been satisfied in the past.

the business services 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.

Click to start generating capital raising & share issue transactions for THE BUSINESS SERVICES ASSOCIATION. This can take several minutes, an email will notify you when this has completed.

the business services association Companies House Filings - See Documents

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