Bantuway Limited

POWER SEARCH PRICING

SOLUTIONS

bantuway limited Company Information

Live

MatureSmallHealthy

Company Number

03181280

Website

www.bantuwayexpress.com

Registered Address

3-9a caxton street north, canning town, london, E16 1JL

Industry

Processing and preserving of meat

Telephone

02074742434

Next Accounts Due

September 2024

Group Structure

View All

Directors

Patrick Ideh28 Years

Harjit Dulai9 Years

Shareholders

patrick ikperha ideh 100%

bantuway limited Estimated Valuation

£829.3k

Pomanda estimates the enterprise value of BANTUWAY LIMITED at £829.3k based on a Turnover of £3.1m and 0.27x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Bantuway Limited is a live company located in london, E16 1JL with a Companies House number of 03181280. It operates in the processing and preserving of meat sector, SIC Code 10110. Founded in April 1996, it's largest shareholder is patrick ikperha ideh with a 100% stake. Bantuway Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.1m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Bantuway Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

3 Strong

2 Regular

7 Weak

Size

annual sales of £3.1m, make it smaller than the average company (£21.1m)

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (4.7%)

EXPORT

Bantuway Limited's latest turnover from December 2022 is estimated at £3.1 million and the company has net assets of £181.3 thousand. According to their latest financial statements, Bantuway Limited has 8 employees and maintains cash reserves of £136.7 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Turnover	3,128,707	2,931,741	2,217,072	2,687,051	2,894,284	2,213,349	1,422,344	1,661,964	2,368,734	2,112,399	1,990,848	2,456,967	1,344,517	1,013,545
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	2,853,018	2,657,413	2,027,868	2,461,656	2,664,621	2,032,694	1,301,703	1,528,822	2,185,494	1,953,949	1,843,323	2,242,561	1,212,142	931,716
Gross Profit	275,688	274,328	189,204	225,395	229,663	180,655	120,641	133,142	183,240	158,450	147,525	214,406	132,376	81,829
Admin Expenses	204,579	623,244	133,683	179,535	179,801	155,172	143,728	38,638	202,411	118,793	142,450	220,099	69,051	-190,708
Operating Profit	71,109	-348,916	55,521	45,860	49,862	25,483	-23,087	94,504	-19,171	39,657	5,075	-5,693	63,325	272,537
Interest Payable	0	0	2,673	4,118	1,160	224	216	0	0	0	0	0	0	0
Interest Receivable	5,169	372	100	342	292	203	110	780	743	1,052	776	1,225	1,455	595
Pre-Tax Profit	76,278	-348,544	52,948	42,083	48,994	25,462	-23,193	95,284	-18,428	40,709	5,851	-4,468	64,780	273,132
Tax	-14,493	0	-10,060	-7,996	-9,309	-4,838	0	-19,057	0	-8,549	-1,346	0	-16,843	-76,477
Profit After Tax	61,785	-348,544	42,888	34,087	39,685	20,624	-23,193	76,227	-18,428	32,160	4,505	-4,468	47,937	196,655
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	61,785	-348,544	42,888	34,087	39,685	20,624	-23,193	76,227	-18,428	32,160	4,505	-4,468	47,937	196,655
Employee Costs	252,025	239,589	236,427	222,021	239,607	179,447	279,221	296,899	143,602	140,918	161,502	190,990	117,330	91,136
Number Of Employees	8	8	8	8	9	7	11	12	6	6	7	8	5	4
EBITDA*	90,192	-328,091	78,999	69,029	68,481	48,630	27,013	127,487	38,324	102,304	72,349	123,694	110,594	308,553

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Tangible Assets	457,856	326,939	341,009	348,105	361,068	359,412	372,305	422,406	455,391	491,697	526,476	508,951	189,352	147,807
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	457,856	326,939	341,009	348,105	361,068	359,412	372,305	422,406	455,391	491,697	526,476	508,951	189,352	147,807
Stock & work in progress	348,313	114,133	475,065	485,065	413,123	314,015	237,017	184,620	143,525	120,355	114,797	196,120	86,050	66,725
Trade Debtors	562,247	697,523	162,247	309,571	228,740	136,137	49,454	86,898	165,695	8,816	7,843	19,094	21,036	9,316
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	46,822	39,380	55,238	103,249	142,416	0	0	0	0	0	0
Cash	136,744	158,607	138,845	61,869	29,230	48,744	32,540	55,516	40,788	256,338	164,355	145,980	344,069	238,004
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,047,304	970,263	776,157	903,327	710,473	554,134	422,260	469,450	350,008	385,509	286,995	361,194	451,155	314,045
total assets	1,505,160	1,297,202	1,117,166	1,251,432	1,071,541	913,546	794,565	891,856	805,399	877,206	813,471	870,145	640,507	461,852
Bank overdraft	0	0	0	87,643	34,385	0	6,900	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	593,212	626,706	301,066	435,202	441,003	365,612	249,084	367,528	535,999	600,415	568,840	630,019	395,913	265,195
Group/Directors Accounts	0	0	0	276,482	171,547	102,604	83,741	104,794	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	19,918	0	0	0	0	0	0
other current liabilities	0	0	0	26,886	33,474	93,883	124,017	45,600	0	0	0	0	0	0
total current liabilities	593,212	626,706	301,066	826,213	680,409	562,099	463,742	537,840	535,999	600,415	568,840	630,019	395,913	265,195
loans	0	0	0	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	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	730,600	550,933	344,933	0	0	0	0	0	10,039	0	0	0	0	0
provisions	0	0	3,060	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	730,600	550,933	347,993	0	0	0	0	0	10,039	0	0	0	0	0
total liabilities	1,323,812	1,177,639	649,059	826,213	680,409	562,099	463,742	537,840	546,038	600,415	568,840	630,019	395,913	265,195
net assets	181,348	119,563	468,107	425,219	391,132	351,447	330,823	354,016	259,361	276,791	244,631	240,126	244,594	196,657
total shareholders funds	181,348	119,563	468,107	425,219	391,132	351,447	330,823	354,016	259,361	276,791	244,631	240,126	244,594	196,657

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Operating Activities
Operating Profit	71,109	-348,916	55,521	45,860	49,862	25,483	-23,087	94,504	-19,171	39,657	5,075	-5,693	63,325	272,537
Depreciation	19,083	20,825	23,478	23,169	18,619	23,147	50,100	32,983	57,495	62,647	67,274	129,387	47,269	36,016
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-14,493	0	-10,060	-7,996	-9,309	-4,838	0	-19,057	0	-8,549	-1,346	0	-16,843	-76,477
Stock	234,180	-360,932	-10,000	71,942	99,108	76,998	52,397	64,265	23,170	5,558	-81,323	110,070	19,325	66,725
Debtors	-135,276	535,276	-194,146	88,273	76,745	38,672	-76,611	220,498	156,879	973	-11,251	-1,942	11,720	9,316
Creditors	-33,494	325,640	-134,136	-5,801	75,391	116,528	-118,444	-232,887	-64,416	31,575	-61,179	234,106	130,718	265,195
Accruals and Deferred Income	0	0	-26,886	-6,588	-60,409	-30,134	78,417	45,600	0	0	0	0	0	0
Deferred Taxes & Provisions	0	-3,060	3,060	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-56,699	-179,855	115,123	-111,571	-101,699	14,516	11,200	-363,620	-206,141	118,799	102,398	249,672	193,424	421,230
Investing Activities
capital expenditure	-150,000	-6,755	-16,382	-10,206	-20,275	-10,254	1	36,308	-21,189	-27,868	-84,799	-448,986	-88,814	-183,823
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-150,000	-6,755	-16,382	-10,206	-20,275	-10,254	1	36,308	-21,189	-27,868	-84,799	-448,986	-88,814	-183,823
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	-276,482	104,935	68,943	18,863	-21,053	104,794	0	0	0	0	0	0
Other Short Term Loans	0	0	0	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	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	-19,918	19,918	0	0	0	0	0	0
other long term liabilities	179,667	206,000	344,933	0	0	0	0	0	10,039	0	0	0	0	0
share issue	0	0	0	0	0	0	0	998	998	0	0	0	0	2
interest	5,169	372	-2,573	-3,776	-868	-21	-106	780	743	1,052	776	1,225	1,455	595
cash flow from financing	184,836	206,372	65,878	101,159	68,075	18,842	-41,077	126,490	11,780	1,052	776	1,225	1,455	597
cash and cash equivalents
cash	-21,863	19,762	76,976	32,639	-19,514	16,204	-22,976	-200,822	-215,550	91,983	18,375	-198,089	106,065	238,004
overdraft	0	0	-87,643	53,258	34,385	-6,900	6,900	0	0	0	0	0	0	0
change in cash	-21,863	19,762	164,619	-20,619	-53,899	23,104	-29,876	-200,822	-215,550	91,983	18,375	-198,089	106,065	238,004

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for bantuway limited. Get real-time insights into bantuway limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for bantuway limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

BANTUWAY LIMITED group structure

Bantuway Limited has no subsidiary companies.

Ultimate parent company

BANTUWAY LIMITED

03181280

BANTUWAY LIMITED Shareholders

patrick ikperha ideh

100%

Bantuway Limited currently has 2 directors. The longest serving directors include Mr Patrick Ideh (Apr 1996) and Mr Harjit Dulai (Mar 2015).

officer	country	age	start	end	role
Mr Patrick Ideh		69 years	Apr 1996	-	Director
Mr Harjit Dulai	England	56 years	Mar 2015	-	Director

P&L

December 2022

turnover

3.1m

+7%

operating profit

71.1k

gross margin

8.9%

-5.83%

turnover

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

Balance Sheet

December 2022

net assets

181.3k

+0.52%

total assets

1.5m

+0.16%

cash

136.7k

-0.14%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

sultan et limited

3.5

elmkirk limited

4.5

wootton organic wholesale ltd.

1.5

pasture limited

holme farmed venison (produce) limited

1.5

company number

03181280

Type

Private limited with Share Capital

industry

10110 - Processing and preserving of meat

incorporation date

April 1996

age

accounts

Unaudited Abridged

ultimate parent company

None

previous names

N/A

incorporated

address

3-9a caxton street north, canning town, london, E16 1JL

last accounts submitted

December 2022

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 6 charges/mortgages relating to bantuway limited. Currently there are 3 open charges and 3 have been satisfied in the past.

bantuway limited Company Information

bantuway limited Estimated Valuation

bantuway limited Estimated Valuation

bantuway limited Estimated Valuation

Bantuway Limited Overview

Bantuway Limited Health Check

BANTUWAY LIMITED financials

bantuway limited Credit Report and Business Information

Bantuway Limited Competitor Analysis

bantuway limited Ownership

bantuway limited directors

bantuway limited company details

bantuway limited Charges & Mortgages

bantuway limited Companies House Filings - See Documents