Pomanda estimates the enterprise value of BRIDGE RENEWABLES LIMITED at £303.7k based on a Turnover of £765.1k and 0.4x industry multiple (adjusted for size and gross margin).
bridge renewables limitedEstimated Valuation
£21.2k
Pomanda estimates the enterprise value of BRIDGE RENEWABLES LIMITED at £21.2k based on an EBITDA of £5.9k and a 3.61x industry multiple (adjusted for size and gross margin).
bridge renewables limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of BRIDGE RENEWABLES LIMITED at £0 based on Net Assets of £-17.9k and 2.8x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Bridge Renewables LimitedOverview
Bridge Renewables Limited is a live company located in burnley, BB11 1JG with a Companies House number of 03292461. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in December 1996, it's largest shareholder is
michael eyre
with a 100% stake. Bridge Renewables Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£765.1k with
declining
growth in recent years.
Pomanda's financial health check has awarded Bridge Renewables Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
8 Weak
Size
annual sales of £765.1k, make it smaller than the average company (£1.5m)
£765.1k - Bridge Renewables Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (2.7%)
-16% - Bridge Renewables Limited
2.7% - Industry AVG
Production
with a gross margin of 43.6%, this company has a comparable cost of product (43.6%)
43.6% - Bridge Renewables Limited
43.6% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (3.7%)
0.7% - Bridge Renewables Limited
3.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (39)
2 - Bridge Renewables Limited
39 - Industry AVG
Pay Structure
on an average salary of £17.8k, the company has an equivalent pay structure (£17.8k)
£17.8k - Bridge Renewables Limited
£17.8k - Industry AVG
Efficiency
resulting in sales per employee of £382.6k, this is more efficient (£82.9k)
£382.6k - Bridge Renewables Limited
£82.9k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is later than average (8 days)
36 days - Bridge Renewables Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (32 days)
11 days - Bridge Renewables Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is less than average (84 days)
8 days - Bridge Renewables Limited
84 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 5 weeks, this is less cash available to meet short term requirements (20 weeks)
5 weeks - Bridge Renewables Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 119.4%, this is a higher level of debt than the average (66.7%)
119.4% - Bridge Renewables Limited
66.7% - Industry AVG
BRIDGE RENEWABLES LIMITED financials
EXPORT
Bridge Renewables Limited's latest turnover from May 2020 is estimated at £765.1 thousand and the company has net assets of -£17.9 thousand. According to their latest financial statements, Bridge Renewables Limited has 2 employees and maintains cash reserves of £4.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
765,107
726,651
721,887
1,276,604
2,133,777
1,943,093
1,085,096
705,603
271,402
344,988
265,181
Other Income Or Grants
Cost Of Sales
431,658
407,687
405,670
731,017
1,196,057
1,097,689
623,581
417,373
159,161
200,899
151,222
Gross Profit
333,449
318,963
316,217
545,587
937,720
845,403
461,515
288,231
112,241
144,089
113,960
Admin Expenses
328,021
310,474
312,246
530,770
922,854
844,683
429,967
285,176
95,008
110,017
328,374
Operating Profit
5,428
8,489
3,971
14,817
14,866
720
31,548
3,055
17,233
34,072
-214,414
Interest Payable
3,927
4,050
1,950
Interest Receivable
3
4
Pre-Tax Profit
1,504
4,443
2,021
14,817
14,866
720
31,548
3,055
17,233
34,072
-214,414
Tax
-286
-844
-384
-2,815
-2,973
-144
-6,625
-703
-4,136
-8,859
Profit After Tax
1,218
3,599
1,637
12,002
11,893
576
24,923
2,352
13,097
25,213
-214,414
Dividends Paid
Retained Profit
1,218
3,599
1,637
12,002
11,893
576
24,923
2,352
13,097
25,213
-214,414
Employee Costs
35,512
37,162
51,616
48,746
47,881
374,388
213,351
141,651
63,402
78,546
61,294
Number Of Employees
2
2
3
3
3
23
13
9
4
5
4
EBITDA*
5,868
9,077
4,763
15,944
16,097
2,075
32,949
4,196
17,606
34,447
-213,913
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
1,347
1,787
2,375
3,167
4,294
4,230
5,385
5,366
1,215
1,123
1,498
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,347
1,787
2,375
3,167
4,294
4,230
5,385
5,366
1,215
1,123
1,498
Stock & work in progress
10,000
7,000
7,000
5,000
9,382
10,457
5,850
5,231
9,997
Trade Debtors
75,567
86,344
85,815
136,766
146,374
75,897
61,984
31,086
5,261
8,140
400
Group Debtors
Misc Debtors
754
754
8,735
Cash
4,440
1,042
misc current assets
1,471
5,526
total current assets
90,761
95,140
101,550
143,237
151,900
75,897
71,366
41,543
11,111
13,371
10,397
total assets
92,108
96,927
103,925
146,404
156,194
80,127
76,751
46,909
12,326
14,494
11,895
Bank overdraft
Bank loan
1,777
Trade Creditors
13,372
19,036
29,940
109,131
131,118
127,532
84,130
108,045
88,387
102,138
115,169
Group/Directors Accounts
11,767
20,673
24,061
other short term finances
hp & lease commitments
other current liabilities
15,850
15,999
12,192
total current liabilities
42,766
55,708
66,193
109,131
131,118
127,532
84,130
108,045
88,387
102,138
115,169
loans
66,989
60,000
60,000
hp & lease commitments
Accruals and Deferred Income
1,000
1,000
other liabilities
60,000
60,000
40,371
11,833
1,555
11,138
provisions
255
339
451
629
434
846
1,077
781
41
total long term liabilities
67,244
60,339
60,451
61,629
61,434
846
41,448
12,614
41
1,555
11,138
total liabilities
110,010
116,047
126,644
170,760
192,552
128,378
125,578
120,659
88,428
103,693
126,307
net assets
-17,902
-19,120
-22,719
-24,356
-36,358
-48,251
-48,827
-73,750
-76,102
-89,199
-114,412
total shareholders funds
-17,902
-19,120
-22,719
-24,356
-36,358
-48,251
-48,827
-73,750
-76,102
-89,199
-114,412
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
5,428
8,489
3,971
14,817
14,866
720
31,548
3,055
17,233
34,072
-214,414
Depreciation
440
588
792
1,127
1,231
1,355
1,401
1,141
373
375
501
Amortisation
Tax
-286
-844
-384
-2,815
-2,973
-144
-6,625
-703
-4,136
-8,859
Stock
3,000
2,000
5,000
-9,382
-1,075
4,607
619
-4,766
9,997
Debtors
-10,777
-7,452
-42,216
-9,608
70,477
13,913
30,898
25,825
-2,879
7,740
400
Creditors
-5,664
-10,904
-79,191
-21,987
3,586
43,402
-23,915
19,658
-13,751
-13,031
115,169
Accruals and Deferred Income
-149
3,807
11,192
1,000
Deferred Taxes & Provisions
-84
-112
-178
195
-412
-231
296
740
41
Cash flow from operations
7,462
8,476
-23,582
-4,055
-53,179
40,571
-27,118
-6,541
2,020
9,583
-109,141
Investing Activities
capital expenditure
-1,295
-200
-1,420
-5,292
-465
-1,999
Change in Investments
cash flow from investments
-1,295
-200
-1,420
-5,292
-465
-1,999
Financing Activities
Bank loans
1,777
Group/Directors Accounts
-8,906
-3,388
24,061
Other Short Term Loans
Long term loans
6,989
60,000
Hire Purchase and Lease Commitments
other long term liabilities
-60,000
60,000
-40,371
28,538
11,833
-1,555
-9,583
11,138
share issue
100,002
interest
-3,924
-4,046
-1,950
cash flow from financing
-4,064
-7,434
22,111
60,000
-40,371
28,538
11,833
-1,555
-9,583
111,140
cash and cash equivalents
cash
3,398
1,042
overdraft
change in cash
3,398
1,042
bridge renewables limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for bridge renewables limited. Get real-time insights into bridge renewables limited's credit score, group structure and payment trends.
Perform a competitor analysis for bridge renewables limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BB11 area or any other competitors across 12 key performance metrics.
bridge renewables limited Ownership
BRIDGE RENEWABLES LIMITED group structure
Bridge Renewables Limited has no subsidiary companies.
Ultimate parent company
BRIDGE RENEWABLES LIMITED
03292461
BRIDGE RENEWABLES LIMITED Shareholders
The sole shareholder of Bridge Renewables Limited is Michael Eyre.
michael eyre
100%
bridge renewables limited directors
Bridge Renewables Limited currently has 1 director, Mr Michael Eyre serving since Feb 1998.
47190 - Other retail sale in non-specialised stores
incorporation date
December 1996
age
29
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
May 2020
previous names
blazes renewables limited (September 2020)
blazes heating limited (May 2018)
See more
accountant
-
auditor
-
address
1st floor, block c, the wharf, manchester road, burnley, BB11 1JG
Bank
-
Legal Advisor
-
bridge renewables 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 2 charges/mortgages relating to bridge renewables limited. Currently there are 0 open charges and 2 have been satisfied in the past.
bridge renewables 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 BRIDGE RENEWABLES LIMITED. This can take several minutes, an email will notify you when this has completed.
bridge renewables limitedCompanies House Filings - See Documents
