boomerang taxis ltd
boomerang taxis ltd Company Information
Company Number
02846764
Website
-Registered Address
u1, regent house, 19 - 20 the broadway, woking, surrey, GU21 5AP
Industry
Taxi operation
Telephone
01483727777
Next Accounts Due
1491 days late
Group Structure
View All
Directors
Hamid Malekshahi31 Years
Shareholders
hamid reza malekshahi 100%
boomerang taxis ltd Estimated Valuation
Pomanda estimates the enterprise value of BOOMERANG TAXIS LTD at £69k based on a Turnover of £144.2k and 0.48x industry multiple (adjusted for size and gross margin).
boomerang taxis ltd Estimated Valuation
Pomanda estimates the enterprise value of BOOMERANG TAXIS LTD at £0 based on an EBITDA of £-16.3k and a 4.3x industry multiple (adjusted for size and gross margin).
boomerang taxis ltd Estimated Valuation
Pomanda estimates the enterprise value of BOOMERANG TAXIS LTD at £0 based on Net Assets of £-45.7k and 2.81x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Boomerang Taxis Ltd Overview
Boomerang Taxis Ltd is a live company located in woking, GU21 5AP with a Companies House number of 02846764. It operates in the taxi operation sector, SIC Code 49320. Founded in August 1993, it's largest shareholder is hamid reza malekshahi with a 100% stake. Boomerang Taxis Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £144.2k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Boomerang Taxis Ltd Health Check
Pomanda's financial health check has awarded Boomerang Taxis Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
6 Weak
Size
annual sales of £144.2k, make it smaller than the average company (£209.3k)
- Boomerang Taxis Ltd
£209.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (4.6%)
- Boomerang Taxis Ltd
4.6% - Industry AVG
Production
with a gross margin of 49.3%, this company has a comparable cost of product (49.3%)
- Boomerang Taxis Ltd
49.3% - Industry AVG
Profitability
an operating margin of -11.9% make it less profitable than the average company (6.5%)
- Boomerang Taxis Ltd
6.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (19)
2 - Boomerang Taxis Ltd
19 - Industry AVG
Pay Structure
on an average salary of £18.9k, the company has an equivalent pay structure (£18.9k)
- Boomerang Taxis Ltd
£18.9k - Industry AVG
Efficiency
resulting in sales per employee of £72.1k, this is equally as efficient (£72.1k)
- Boomerang Taxis Ltd
£72.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Boomerang Taxis Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Boomerang Taxis Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Boomerang Taxis Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (20 weeks)
0 weeks - Boomerang Taxis Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1307.4%, this is a higher level of debt than the average (75.2%)
1307.4% - Boomerang Taxis Ltd
75.2% - Industry AVG
BOOMERANG TAXIS LTD financials
Boomerang Taxis Ltd's latest turnover from September 2018 is estimated at £144.2 thousand and the company has net assets of -£45.7 thousand. According to their latest financial statements, Boomerang Taxis Ltd has 2 employees and maintains cash reserves of £25 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 169,574 | 221,376 | |||||||
| Other Income Or Grants | 0 | 0 | |||||||
| Cost Of Sales | 89,567 | 123,951 | |||||||
| Gross Profit | 80,007 | 97,425 | |||||||
| Admin Expenses | 85,269 | 110,064 | |||||||
| Operating Profit | -5,262 | -12,639 | |||||||
| Interest Payable | 0 | 0 | |||||||
| Interest Receivable | 0 | 25 | |||||||
| Pre-Tax Profit | -5,262 | -12,614 | |||||||
| Tax | -189 | 1,675 | |||||||
| Profit After Tax | -5,451 | -10,939 | |||||||
| Dividends Paid | 0 | 0 | |||||||
| Retained Profit | -5,451 | -10,939 | |||||||
| Employee Costs | |||||||||
| Number Of Employees | 2 | 1 | 1 | ||||||
| EBITDA* | 906 | -4,458 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,864 | 3,741 | 4,895 | 6,416 | 8,426 | 11,082 | 14,597 | 19,251 | 25,419 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,864 | 3,741 | 4,895 | 6,416 | 8,426 | 11,082 | 14,597 | 19,251 | 25,419 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 7,849 | 11,644 | 10,974 | 21,856 | 16,206 | 16,335 | 13,105 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 894 | 894 | 894 | 0 | 0 | 0 | 0 | 1,211 | 3,773 |
| Cash | 25 | 25 | 25 | 1,519 | 2,764 | 6,861 | 9,129 | 1,072 | 25 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 919 | 919 | 8,768 | 13,163 | 13,738 | 28,717 | 25,335 | 18,618 | 16,903 |
| total assets | 3,783 | 4,660 | 13,663 | 19,579 | 22,164 | 39,799 | 39,932 | 37,869 | 42,322 |
| Bank overdraft | 2,857 | 2,929 | 141 | 0 | 0 | 0 | 0 | 0 | 1,565 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 32,139 | 27,319 | 21,292 | 24,364 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 46,601 | 30,072 | 48,636 | 0 | 0 | 0 | 0 | 20,370 | 14,807 |
| total current liabilities | 49,458 | 33,001 | 48,777 | 32,139 | 27,319 | 21,292 | 24,364 | 20,370 | 19,372 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 49,458 | 33,001 | 48,777 | 32,139 | 27,319 | 21,292 | 24,364 | 20,370 | 19,372 |
| net assets | -45,675 | -28,341 | -35,114 | -12,560 | -5,155 | 18,507 | 15,568 | 17,499 | 22,950 |
| total shareholders funds | -45,675 | -28,341 | -35,114 | -12,560 | -5,155 | 18,507 | 15,568 | 17,499 | 22,950 |
| Sep 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -5,262 | -12,639 | |||||||
| Depreciation | 877 | 1,154 | 1,521 | 2,010 | 2,656 | 3,515 | 4,654 | 6,168 | 8,181 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -189 | 1,675 | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | -7,849 | -2,901 | 670 | -10,882 | 21,856 | -1,340 | 668 | 16,878 |
| Creditors | 0 | 0 | -32,139 | 4,820 | 6,027 | 21,292 | 24,364 | 0 | 0 |
| Accruals and Deferred Income | 16,529 | -18,564 | 48,636 | 0 | 0 | 0 | -20,370 | 5,563 | 14,807 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 5,612 | -4,854 | |||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,000 | 3,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 0 | 25 | |||||||
| cash flow from financing | -3,000 | 36,914 | |||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | -1,494 | -1,245 | -4,097 | 6,861 | 8,057 | 1,047 | 25 |
| overdraft | -72 | 2,788 | 141 | 0 | 0 | 0 | 0 | -1,565 | 1,565 |
| change in cash | 72 | -2,788 | -1,635 | -1,245 | -4,097 | 6,861 | 8,057 | 2,612 | -1,540 |
boomerang taxis ltd Credit Report and Business Information
Boomerang Taxis Ltd Competitor Analysis
Perform a competitor analysis for boomerang taxis ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in GU21 area or any other competitors across 12 key performance metrics.
boomerang taxis ltd Ownership
BOOMERANG TAXIS LTD group structure
Boomerang Taxis Ltd has no subsidiary companies.
Ultimate parent company
BOOMERANG TAXIS LTD
02846764
boomerang taxis ltd directors
Boomerang Taxis Ltd currently has 1 director, Mr Hamid Malekshahi serving since Aug 1993.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hamid Malekshahi | 68 years | Aug 1993 | - | Director |
P&L
September 2018turnover
144.2k
+123%
operating profit
-17.1k
0%
gross margin
49.3%
-4.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2018net assets
-45.7k
+0.61%
total assets
3.8k
-0.19%
cash
25
0%
net assets
Total assets minus all liabilities
boomerang taxis ltd company details
company number
02846764
Type
Private limited with Share Capital
industry
49320 - Taxi operation
incorporation date
August 1993
age
31
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2018
previous names
transport agency & chauffeur services incorporated limited (January 2005)
accountant
MENZIES
auditor
-
address
u1, regent house, 19 - 20 the broadway, woking, surrey, GU21 5AP
Bank
HSBC BANK PLC
Legal Advisor
-
boomerang taxis ltd 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 1 charges/mortgages relating to boomerang taxis ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
boomerang taxis ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
