bulldog products limited

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bulldog products limited Company Information

Share BULLDOG PRODUCTS LIMITED

Company Number

03151586

Shareholders

grosvenor enterprise holdings limited

Group Structure

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Industry

Non-specialised wholesale trade

 

Registered Address

grosvenor house 1 crowland close, southport, PR9 7RR

bulldog products limited Estimated Valuation

£20.9m

Pomanda estimates the enterprise value of BULLDOG PRODUCTS LIMITED at £20.9m based on a Turnover of £37m and 0.56x industry multiple (adjusted for size and gross margin).

bulldog products limited Estimated Valuation

£22m

Pomanda estimates the enterprise value of BULLDOG PRODUCTS LIMITED at £22m based on an EBITDA of £3.1m and a 7.01x industry multiple (adjusted for size and gross margin).

bulldog products limited Estimated Valuation

£5m

Pomanda estimates the enterprise value of BULLDOG PRODUCTS LIMITED at £5m based on Net Assets of £1.9m and 2.62x industry multiple (adjusted for liquidity).

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Bulldog Products Limited Overview

Bulldog Products Limited is a live company located in southport, PR9 7RR with a Companies House number of 03151586. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in January 1996, it's largest shareholder is grosvenor enterprise holdings limited with a 100% stake. Bulldog Products Limited is a mature, large sized company, Pomanda has estimated its turnover at £37m with low growth in recent years.

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Bulldog Products Limited Health Check

Pomanda's financial health check has awarded Bulldog Products Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £37m, make it larger than the average company (£15.7m)

£37m - Bulldog Products Limited

£15.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (7.5%)

3% - Bulldog Products Limited

7.5% - Industry AVG

production

Production

with a gross margin of 24.4%, this company has a comparable cost of product (27.7%)

24.4% - Bulldog Products Limited

27.7% - Industry AVG

profitability

Profitability

an operating margin of 7.5% make it more profitable than the average company (4.9%)

7.5% - Bulldog Products Limited

4.9% - Industry AVG

employees

Employees

with 116 employees, this is above the industry average (41)

116 - Bulldog Products Limited

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.3k, the company has an equivalent pay structure (£44.5k)

£42.3k - Bulldog Products Limited

£44.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £318.7k, this is equally as efficient (£373.1k)

£318.7k - Bulldog Products Limited

£373.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 62 days, this is later than average (49 days)

62 days - Bulldog Products Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 53 days, this is slower than average (33 days)

53 days - Bulldog Products Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 31 days, this is less than average (74 days)

31 days - Bulldog Products Limited

74 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (15 weeks)

2 weeks - Bulldog Products Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 81.3%, this is a higher level of debt than the average (47.3%)

81.3% - Bulldog Products Limited

47.3% - Industry AVG

BULLDOG PRODUCTS LIMITED financials

EXPORTms excel logo

Bulldog Products Limited's latest turnover from June 2024 is £37 million and the company has net assets of £1.9 million. According to their latest financial statements, Bulldog Products Limited has 116 employees and maintains cash reserves of £355.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover36,968,32037,776,60233,120,76933,574,69031,084,50228,631,95822,781,46518,000,13016,056,83315,357,59514,622,36015,899,82710,758,79211,109,78110,549,915
Other Income Or Grants
Cost Of Sales27,938,73430,468,87627,359,56227,526,31125,154,70223,487,04417,873,39613,813,15212,724,21212,361,50411,691,58812,623,4618,333,4178,169,4287,739,586
Gross Profit9,029,5867,307,7265,761,2076,048,3795,929,8005,144,9144,908,0694,186,9783,332,6212,996,0912,930,7723,276,3662,425,3752,940,3532,810,329
Admin Expenses6,267,5245,835,6165,222,4125,422,3185,190,6584,924,0834,292,5613,824,1233,080,0162,530,4732,420,7312,704,3882,216,1732,285,1412,413,565
Operating Profit2,762,0621,472,110538,795626,061739,142220,831615,508362,855252,605465,618510,041571,978209,202655,212396,764
Interest Payable106,667182,566142,980116,14784,28684,99264,49927,33822,35728,11931,92721,72620,71511,5236,742
Interest Receivable3,5612,79528,76128,01928,00028,00028,00028,00040,886
Pre-Tax Profit2,658,9561,292,339424,576537,933682,856163,839610,499363,517271,134437,499478,114550,252188,487643,689390,022
Tax-807,379-430,9006,230-90,4893,01145,187-88,9715,827-110,716-142,166-64,295-207,853-12,017-200,456-183,027
Profit After Tax1,851,577861,439430,806447,444685,867209,026521,528369,344160,418295,333413,819342,399176,470443,233206,995
Dividends Paid2,895,000286,48440,0001,288,923446,000221,000120,000473,00012,000207,250
Retained Profit-1,043,423574,955390,806-841,479239,867-11,974401,528-103,656160,418295,333401,819342,399176,470443,233-255
Employee Costs4,908,9424,505,6594,320,0074,506,5044,770,5083,996,2393,489,5503,159,2162,081,5841,571,7451,537,2381,320,9111,337,2671,363,9051,355,138
Number Of Employees11612413414815413612111111411310097749389
EBITDA*3,139,1761,828,835885,668956,5781,045,305650,4791,025,068738,016563,509749,331686,176711,033339,036747,140478,402

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets998,6861,091,8841,320,5251,549,9531,645,5411,816,7101,679,1741,752,1411,893,1581,736,7731,320,9391,291,901873,728783,329657,648
Intangible Assets6,00012,00018,00024,00030,000
Investments & Other
Debtors (Due After 1 year)350,000350,000350,000350,000350,000350,000350,000350,000
Total Fixed Assets998,6861,091,8841,670,5251,899,9531,995,5412,172,7102,041,1742,120,1412,267,1582,116,7731,320,9391,291,901873,728783,329657,648
Stock & work in progress2,442,7142,307,8512,490,4672,107,4781,514,7121,719,0461,404,0811,259,7141,118,058759,4161,023,1181,307,6071,086,0701,063,677970,036
Trade Debtors6,329,5445,742,2706,709,0055,062,9522,55515,5239793,830292456,835206,878120,51574,95174,335
Group Debtors15,367399,758630,594445,791367,310282,895216,970242,395119,748231,381
Misc Debtors126,294114,011159,4494,781,977257,0453,680,7492,951,6152,159,0372,453,5372,394,59164,64970,17261,49263,76181,597
Cash355,687870,1841,711,1141,256,8071,593,760281,2854,6073,257256,69720,972174,7249,8841,330273,446158,697
misc current assets2,056,1041,279,429979,443828,714859,899
total current assets9,269,6069,434,07411,700,6298,592,0538,795,7795,966,5304,592,7963,665,3823,951,8703,406,6523,775,4302,873,9702,248,8502,304,5492,144,564
total assets10,268,29210,525,95813,371,15410,492,00610,791,3208,139,2406,633,9705,785,5236,219,0285,523,4255,096,3694,165,8713,122,5783,087,8782,802,212
Bank overdraft912,917476,702426,253468,023189,90293,58644,21862,65625,68823,836
Bank loan34,428141,664141,663133,439143,97336,57942,92849,940
Trade Creditors 4,084,5604,100,6664,719,7744,045,0533,527,9513,832,5822,404,6301,753,5451,789,2091,457,7821,572,3851,423,5661,171,779983,5661,201,852
Group/Directors Accounts250,00023,46360,96348,46366,96385,963216,167871,332861,749565,030555,438
other short term finances
hp & lease commitments109,85692,893134,859168,445158,391160,788194,475104,24457,2734,81243,00490,256108,01943,66818,719
other current liabilities2,358,3111,754,4604,405,3492,001,8282,097,262918,598904,3971,009,198901,163784,827862,199735,866915,8251,145,372964,578
total current liabilities7,715,6446,424,7219,709,6986,744,3126,021,9695,013,3593,824,7153,269,0353,681,6333,242,6093,186,5912,841,7052,264,2392,222,5462,208,985
loans354,115813,386964,3941,384,7491,575,55289,584124,011265,674164,583226,572366,66874,456111,071153,0236,000
hp & lease commitments65,37599,002102,118116,50097,848159,713151,72696,843100,6754,66249,59823,83237,8237,723
Accruals and Deferred Income22,61527,82733,040
other liabilities251,850390,000
provisions212,480224,748205,798248,105256,132276,632247,685269,666284,096226,621147,597205,86879,366101,77690,027
total long term liabilities631,9701,137,1361,272,3101,749,3541,929,532525,929523,422632,183549,354453,193541,542357,749499,159682,622103,750
total liabilities8,347,6147,561,85710,982,0088,493,6667,951,5015,539,2884,348,1373,901,2184,230,9873,695,8023,728,1333,199,4542,763,3982,905,1682,312,735
net assets1,920,6782,964,1012,389,1461,998,3402,839,8192,599,9522,285,8331,884,3051,988,0411,827,6231,368,236966,417359,180182,710489,477
total shareholders funds1,920,6782,964,1012,389,1461,998,3402,839,8192,599,9522,285,8331,884,3051,988,0411,827,6231,368,236966,417359,180182,710489,477
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit2,762,0621,472,110538,795626,061739,142220,831615,508362,855252,605465,618510,041571,978209,202655,212396,764
Depreciation377,114356,725346,873330,517300,163423,648403,560369,161304,904283,713176,135139,055129,83491,92881,638
Amortisation6,0006,0006,0006,0006,000
Tax-807,379-430,9006,230-90,4893,01145,187-88,9715,827-110,716-142,166-64,295-207,853-12,017-200,456-183,027
Stock134,863-182,616382,989592,766-204,334314,965144,367141,656358,642-263,702-284,489221,53722,39393,641970,036
Debtors215,166-1,593,0092,271,280-459,5391,721,108782,091781,697-174,704-49,1492,454,780244,43495,04343,295-17,220155,932
Creditors-16,106-619,108674,721517,102-304,6311,427,952651,085-35,664331,427-114,603148,819251,787188,213-218,2861,201,852
Accruals and Deferred Income603,851-2,650,8892,403,521-95,4341,178,66414,201-104,801108,035116,336-99,987121,121-185,172-196,507180,794964,578
Deferred Taxes & Provisions-12,26818,950-42,307-8,027-20,50028,947-21,981-14,43057,47579,024-58,271126,502-22,41011,74990,027
Cash flow from operations2,557,245-77,4871,273,5641,146,503385,0751,069,710534,336834,832648,538-1,719,479873,605379,717230,627444,5201,425,864
Investing Activities
capital expenditure-283,916-128,084-117,445-234,929-128,994-561,184-330,593-228,144-257,494-565,493-205,173-151,902-31,519-85,187-187,695
Change in Investments
cash flow from investments-283,916-128,084-117,445-234,929-128,994-561,184-330,593-228,144-257,494-565,493-205,173-151,902-31,519-85,187-187,695
Financing Activities
Bank loans-34,428-107,2361141,663-133,439-10,534107,394-6,349-7,01249,940
Group/Directors Accounts250,000-23,463-37,50012,500-18,500-19,000-130,204-655,1659,583296,7199,592555,438
Other Short Term Loans
Long term loans-459,271-151,008-420,355-190,8031,485,968-34,427-141,663101,091-61,989-140,096292,212-36,615-41,952147,0236,000
Hire Purchase and Lease Commitments-16,664-45,082-47,96828,706-64,262-25,700145,11443,139153,136-42,854-92,1888,00350,36055,04926,442
other long term liabilities-251,850-138,150390,000
share issue326,093-80164,054264,838-750,000489,732
interest-103,106-179,771-114,219-88,128-56,286-56,992-36,49966218,529-28,119-31,927-21,726-20,715-11,523-6,742
cash flow from financing-329,041-399,324-620,042-237,7251,312,49282,738-163,251-368,690-14,180239,170285,083511,739-157,469-119,511515,432
cash and cash equivalents
cash-514,497-840,930454,307-336,9531,312,475276,6781,350-253,440235,725-153,752164,8408,554-272,116114,749158,697
overdraft436,21550,449-41,770278,121189,902-93,58649,368-18,43862,656-25,68825,688-23,83623,836
change in cash-950,712-891,379496,077-615,0741,122,573370,264-48,018-235,002173,069-153,752164,84034,242-297,804138,585134,861

bulldog products limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
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Bulldog Products Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for bulldog products limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in PR9 area or any other competitors across 12 key performance metrics.

bulldog products limited Ownership

BULLDOG PRODUCTS LIMITED group structure

Bulldog Products Limited has no subsidiary companies.

Ultimate parent company

1 parent

BULLDOG PRODUCTS LIMITED

03151586

BULLDOG PRODUCTS LIMITED Shareholders

grosvenor enterprise holdings limited 100%

bulldog products limited directors

Bulldog Products Limited currently has 3 directors. The longest serving directors include Mr Scott Dougherty (Mar 2025) and Mr Robert Lavery (Mar 2025).

officercountryagestartendrole
Mr Scott DoughertyNorthern Ireland48 years Mar 2025- Director
Mr Robert LaveryNorthern Ireland59 years Mar 2025- Director
Mr Edward ConroyNorthern Ireland61 years Mar 2025- Director

P&L

June 2024

turnover

37m

-2%

operating profit

2.8m

+88%

gross margin

24.5%

+26.26%

turnover

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

Balance Sheet

June 2024

net assets

1.9m

-0.35%

total assets

10.3m

-0.02%

cash

355.7k

-0.59%

net assets

Total assets minus all liabilities

bulldog products limited company details

company number

03151586

Type

Private limited with Share Capital

industry

46900 - Non-specialised wholesale trade

incorporation date

January 1996

age

29

incorporated

UK

accounts

Full Accounts

last accounts submitted

June 2024

previous names

N/A

accountant

-

auditor

MITCHELL CHARLESWORTH (AUDIT) LIMITED

address

grosvenor house 1 crowland close, southport, PR9 7RR

Bank

-

Legal Advisor

-

bulldog products 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 8 charges/mortgages relating to bulldog products limited. Currently there are 0 open charges and 8 have been satisfied in the past.

bulldog products 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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bulldog products limited Companies House Filings - See Documents

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