powells bus company limited
powells bus company limited Company Information
Company Number
03190618
Next Accounts
1010 days late
Shareholders
hct group limited
Group Structure
View All
Industry
Other passenger land transport n.e.c.
Registered Address
floor 2 10 wellington place, leeds, LS1 4AP
Website
www.powellsbus.co.ukpowells bus company limited Estimated Valuation
Pomanda estimates the enterprise value of POWELLS BUS COMPANY LIMITED at £163.2k based on a Turnover of £2.9m and 0.06x industry multiple (adjusted for size and gross margin).
powells bus company limited Estimated Valuation
Pomanda estimates the enterprise value of POWELLS BUS COMPANY LIMITED at £0 based on an EBITDA of £-75.6k and a 0.52x industry multiple (adjusted for size and gross margin).
powells bus company limited Estimated Valuation
Pomanda estimates the enterprise value of POWELLS BUS COMPANY LIMITED at £0 based on Net Assets of £-541.6k and 2.39x industry multiple (adjusted for liquidity).
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Powells Bus Company Limited Overview
Powells Bus Company Limited is a live company located in leeds, LS1 4AP with a Companies House number of 03190618. It operates in the other passenger land transport sector, SIC Code 49390. Founded in April 1996, it's largest shareholder is hct group limited with a 100% stake. Powells Bus Company Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.9m with rapid growth in recent years.
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Powells Bus Company Limited Health Check
Pomanda's financial health check has awarded Powells Bus Company Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £2.9m, make it larger than the average company (£814.8k)
£2.9m - Powells Bus Company Limited
£814.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 51%, show it is growing at a faster rate (2.4%)
- Powells Bus Company Limited
2.4% - Industry AVG
Production
with a gross margin of -22.5%, this company has a higher cost of product (24.7%)
-22.5% - Powells Bus Company Limited
24.7% - Industry AVG
Profitability
an operating margin of -6.5% make it less profitable than the average company (3.6%)
-6.5% - Powells Bus Company Limited
3.6% - Industry AVG
Employees
with 109 employees, this is above the industry average (30)
109 - Powells Bus Company Limited
30 - Industry AVG
Pay Structure
on an average salary of £20.4k, the company has an equivalent pay structure (£20.4k)
- Powells Bus Company Limited
£20.4k - Industry AVG
Efficiency
resulting in sales per employee of £26.9k, this is less efficient (£46.6k)
£26.9k - Powells Bus Company Limited
£46.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (17 days)
0 days - Powells Bus Company Limited
17 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (15 days)
3 days - Powells Bus Company Limited
15 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (5 days)
0 days - Powells Bus Company Limited
5 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (42 weeks)
8 weeks - Powells Bus Company Limited
42 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 156.5%, this is a higher level of debt than the average (41.2%)
156.5% - Powells Bus Company Limited
41.2% - Industry AVG
POWELLS BUS COMPANY LIMITED financials
Powells Bus Company Limited's latest turnover from September 2020 is £2.9 million and the company has net assets of -£541.6 thousand. According to their latest financial statements, Powells Bus Company Limited has 109 employees and maintains cash reserves of £234.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2020 | Mar 2019 | Jul 2018 | Aug 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,934,381 | 758,516 | |||||||||
| Other Income Or Grants | 27,442 | ||||||||||
| Cost Of Sales | 3,622,275 | 548,448 | |||||||||
| Gross Profit | -660,452 | 210,068 | |||||||||
| Admin Expenses | -468,749 | 510,524 | |||||||||
| Operating Profit | -191,703 | -300,456 | |||||||||
| Interest Payable | |||||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | -191,703 | -300,456 | |||||||||
| Tax | |||||||||||
| Profit After Tax | -191,703 | -300,456 | |||||||||
| Dividends Paid | |||||||||||
| Retained Profit | -191,703 | -300,456 | |||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 109 | 46 | 36 | 34 | |||||||
| EBITDA* | -75,602 | -265,051 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2020 | Mar 2019 | Jul 2018 | Aug 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 208,003 | 174,749 | 126,210 | 135,887 | 155,769 | 79,797 | 82,829 | 91,777 | 120,487 | 135,013 | 175,083 |
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 208,003 | 174,749 | 126,210 | 135,887 | 155,769 | 79,797 | 82,829 | 91,777 | 120,487 | 135,013 | 175,083 |
| Stock & work in progress | 5,163 | 8,200 | 8,200 | 45,594 | 62,998 | 9,846 | 13,069 | 17,232 | 20,114 | 15,264 | 9,629 |
| Trade Debtors | 6,513 | 2,002 | 25,122 | 16,834 | 51,035 | 330,394 | 297,243 | 312,312 | 265,588 | 255,058 | 210,490 |
| Group Debtors | 327,294 | 10,872 | |||||||||
| Misc Debtors | 177,242 | 157,970 | 157,554 | 190,866 | |||||||
| Cash | 234,674 | 70,100 | 9,028 | 138,753 | 139,972 | 140,590 | 138,986 | 133,229 | 132,142 | 682 | 1,264 |
| misc current assets | |||||||||||
| total current assets | 750,886 | 249,144 | 136,570 | 358,735 | 444,871 | 480,830 | 449,298 | 462,773 | 417,844 | 271,004 | 221,383 |
| total assets | 958,889 | 423,893 | 262,780 | 494,622 | 600,640 | 560,627 | 532,127 | 554,550 | 538,331 | 406,017 | 396,466 |
| Bank overdraft | 191,717 | 244,517 | |||||||||
| Bank loan | |||||||||||
| Trade Creditors | 32,120 | 192,031 | 235,057 | 30,285 | 63,375 | 320,907 | 305,408 | 323,118 | 327,001 | 229,833 | 195,725 |
| Group/Directors Accounts | 1,096,808 | 455,286 | |||||||||
| other short term finances | 26,020 | ||||||||||
| hp & lease commitments | 50,901 | 40,388 | 20,649 | 21,993 | |||||||
| other current liabilities | 283,448 | 86,064 | 135,591 | 101,220 | |||||||
| total current liabilities | 1,463,277 | 773,769 | 297,832 | 378,242 | 431,105 | 320,907 | 305,408 | 323,118 | 327,001 | 229,833 | 195,725 |
| loans | 92,954 | ||||||||||
| hp & lease commitments | 37,191 | 22,107 | 39,717 | ||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | 67,069 | 8,991 | 20,579 | 34,013 | 47,000 | 13,027 | 37,727 | ||||
| provisions | 31,098 | 14,391 | 11,715 | 11,285 | 11,703 | 11,329 | 15,654 | ||||
| total long term liabilities | 37,191 | 14,368 | 182,130 | 70,815 | 23,382 | 32,294 | 45,298 | 58,703 | 24,356 | 53,381 | |
| total liabilities | 1,500,468 | 773,769 | 312,200 | 560,372 | 501,920 | 344,289 | 337,702 | 368,416 | 385,704 | 254,189 | 249,106 |
| net assets | -541,579 | -349,876 | -49,420 | -65,750 | 98,720 | 216,338 | 194,425 | 186,134 | 152,627 | 151,828 | 147,360 |
| total shareholders funds | -541,579 | -349,876 | -49,420 | -65,750 | 98,720 | 216,338 | 194,425 | 186,134 | 152,627 | 151,828 | 147,360 |
| Sep 2020 | Mar 2019 | Jul 2018 | Aug 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | -191,703 | -300,456 | |||||||||
| Depreciation | 116,101 | 35,405 | 33,429 | 44,752 | 44,452 | 19,012 | 20,286 | 25,422 | 35,935 | 41,513 | 50,549 |
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | -3,037 | -37,394 | -17,404 | 53,152 | -3,223 | -4,163 | -2,882 | 4,850 | 5,635 | 9,629 | |
| Debtors | 340,205 | 145,722 | -149,266 | -67,513 | -88,493 | 33,151 | -15,069 | 46,724 | 10,530 | 44,568 | 210,490 |
| Creditors | -159,911 | -43,026 | 204,772 | -33,090 | -257,532 | 15,499 | -17,710 | -3,883 | 97,168 | 34,108 | 195,725 |
| Accruals and Deferred Income | 197,384 | 86,064 | -135,591 | 34,371 | 101,220 | ||||||
| Deferred Taxes & Provisions | -31,098 | 16,707 | 2,676 | 430 | -418 | 374 | -4,325 | 15,654 | |||
| Cash flow from operations | -375,297 | -367,735 | |||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | 641,522 | 455,286 | |||||||||
| Other Short Term Loans | -26,020 | 26,020 | |||||||||
| Long term loans | -92,954 | 92,954 | |||||||||
| Hire Purchase and Lease Commitments | 47,704 | 40,388 | -42,756 | -18,954 | 61,710 | ||||||
| other long term liabilities | -67,069 | 67,069 | -8,991 | -11,588 | -13,434 | -12,987 | 33,973 | -24,700 | 37,727 | ||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | 689,226 | 469,654 | |||||||||
| cash and cash equivalents | |||||||||||
| cash | 164,574 | 61,072 | -129,725 | -1,219 | -618 | 1,604 | 5,757 | 1,087 | 131,460 | -582 | 1,264 |
| overdraft | -191,717 | -52,800 | 244,517 | ||||||||
| change in cash | 164,574 | 61,072 | 61,992 | 51,581 | -245,135 | 1,604 | 5,757 | 1,087 | 131,460 | -582 | 1,264 |
powells bus company limited Credit Report and Business Information
Powells Bus Company Limited Competitor Analysis
Perform a competitor analysis for powells bus company limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in LS1 area or any other competitors across 12 key performance metrics.
powells bus company limited Ownership
POWELLS BUS COMPANY LIMITED group structure
Powells Bus Company Limited has no subsidiary companies.
powells bus company limited directors
Powells Bus Company Limited currently has 2 directors. The longest serving directors include Ms Lynn McClelland (Jul 2020) and Mr Philip Stockley (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Lynn McClelland | 56 years | Jul 2020 | - | Director | |
| Mr Philip Stockley | 52 years | Nov 2020 | - | Director |
P&L
September 2020turnover
2.9m
+287%
operating profit
-191.7k
-36%
gross margin
-22.5%
-181.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2020net assets
-541.6k
+0.55%
total assets
958.9k
+1.26%
cash
234.7k
+2.35%
net assets
Total assets minus all liabilities
powells bus company limited company details
company number
03190618
Type
Private limited with Share Capital
industry
49390 - Other passenger land transport n.e.c.
incorporation date
April 1996
age
29
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2020
previous names
N/A
accountant
-
auditor
BUZZACOTT LLP
address
floor 2 10 wellington place, leeds, LS1 4AP
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
powells bus company 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 4 charges/mortgages relating to powells bus company limited. Currently there are 0 open charges and 4 have been satisfied in the past.
powells bus company 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 POWELLS BUS COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.
powells bus company limited Companies House Filings - See Documents
| date | description | view/download |
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