beta services (uk) limited
beta services (uk) limited Company Information
Company Number
03512997
Website
www.betadistribution.comRegistered Address
deloitte llp, four brindley place, birmingham, west midlands, B1 2HZ
Industry
Dormant Company
Telephone
02075312828
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
mr gary wilson 75.2%
mr steven alan soper 24.8%
beta services (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of BETA SERVICES (UK) LIMITED at £0 based on a Turnover of £186.1m and 0x industry multiple (adjusted for size and gross margin).
beta services (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of BETA SERVICES (UK) LIMITED at £0 based on an EBITDA of £2.1m and a 0x industry multiple (adjusted for size and gross margin).
beta services (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of BETA SERVICES (UK) LIMITED at £0 based on Net Assets of £9.7m and 0x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Beta Services (uk) Limited Overview
Beta Services (uk) Limited is a dissolved company that was located in birmingham, B1 2HZ with a Companies House number of 03512997. It operated in the dormant company sector, SIC Code 99999. Founded in February 1998, it's largest shareholder was mr gary wilson with a 75.2% stake. The last turnover for Beta Services (uk) Limited was estimated at £186.1m.
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Beta Services (uk) Limited Health Check
Pomanda's financial health check has awarded Beta Services (Uk) Limited a 3 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
3 Strong
2 Regular
7 Weak
Size
annual sales of £186.1m, make it larger than the average company (£2.9m)
£186.1m - Beta Services (uk) Limited
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (2.1%)
10% - Beta Services (uk) Limited
2.1% - Industry AVG
Production
with a gross margin of 8.2%, this company has a higher cost of product (31.3%)
8.2% - Beta Services (uk) Limited
31.3% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (5.2%)
1% - Beta Services (uk) Limited
5.2% - Industry AVG
Employees
with 19 employees, this is below the industry average (44)
19 - Beta Services (uk) Limited
44 - Industry AVG
Pay Structure
on an average salary of £29.5k, the company has an equivalent pay structure (£30.2k)
£29.5k - Beta Services (uk) Limited
£30.2k - Industry AVG
Efficiency
resulting in sales per employee of £9.8m, this is more efficient (£125.8k)
£9.8m - Beta Services (uk) Limited
£125.8k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is later than average (41 days)
74 days - Beta Services (uk) Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is close to average (41 days)
43 days - Beta Services (uk) Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 45 days, this is more than average (37 days)
45 days - Beta Services (uk) Limited
37 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Beta Services (uk) Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.3%, this is a higher level of debt than the average (67.2%)
85.3% - Beta Services (uk) Limited
67.2% - Industry AVG
BETA SERVICES (UK) LIMITED financials
Beta Services (Uk) Limited's latest turnover from March 2017 is £186.1 million and the company has net assets of £9.7 million. According to their latest financial statements, Beta Services (Uk) Limited has 19 employees and maintains cash reserves of £243.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 186,076,920 | 166,332,587 | 164,887,622 | 139,248,014 | 126,930,885 | 114,869,268 | 101,545,133 | 94,665,321 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 170,833,790 | 151,616,941 | 150,674,434 | 127,132,804 | 115,003,442 | 102,785,540 | 91,844,159 | 86,344,151 |
| Gross Profit | 15,243,130 | 14,715,646 | 14,213,188 | 12,115,210 | 11,927,443 | 12,083,728 | 9,700,974 | 8,321,170 |
| Admin Expenses | 13,302,930 | 12,744,914 | 12,008,387 | 9,963,220 | 10,867,401 | 9,895,517 | 8,062,428 | 6,530,746 |
| Operating Profit | 1,940,200 | 1,970,732 | 2,204,801 | 2,151,990 | 1,060,042 | 2,188,211 | 1,638,546 | 1,790,424 |
| Interest Payable | 753,368 | 752,015 | 586,734 | 535,353 | 463,085 | 442,459 | 387,091 | 337,219 |
| Interest Receivable | 0 | 0 | 4 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 1,186,832 | 1,218,717 | 1,618,071 | 1,616,637 | 596,957 | 2,075,596 | 1,251,455 | 1,453,205 |
| Tax | -236,800 | -275,000 | -354,760 | -352,741 | -166,169 | -395,991 | -447,884 | -408,123 |
| Profit After Tax | 950,032 | 943,717 | 1,263,311 | 1,263,896 | 430,788 | 1,679,605 | 803,571 | 1,045,082 |
| Dividends Paid | 650,000 | 0 | 1,600,000 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 300,032 | 943,717 | -336,689 | 1,263,896 | 430,788 | 1,679,605 | 803,571 | 1,045,082 |
| Employee Costs | 560,188 | 354,162 | 4,979,209 | 4,320,802 | 5,812,693 | 5,606,769 | 3,960,433 | 3,359,830 |
| Number Of Employees | 19 | 12 | 93 | 81 | 76 | 81 | 74 | 67 |
| EBITDA* | 2,099,797 | 2,124,933 | 2,297,621 | 2,239,318 | 1,151,283 | 2,319,713 | 1,773,507 | 1,854,630 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 832,525 | 742,801 | 547,616 | 375,640 | 265,731 | 249,325 | 277,746 | 224,162 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 403,931 | 392,466 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 832,525 | 742,801 | 547,616 | 375,640 | 265,731 | 249,325 | 681,677 | 616,628 |
| Stock & work in progress | 21,308,612 | 18,011,890 | 17,893,404 | 13,491,229 | 14,302,062 | 12,918,791 | 14,022,521 | 10,389,471 |
| Trade Debtors | 37,838,729 | 37,539,822 | 33,450,413 | 25,560,565 | 23,154,795 | 19,755,833 | 19,185,144 | 17,573,717 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 566,123 | 510,821 | 379,724 |
| Misc Debtors | 5,717,669 | 7,381,489 | 3,222,776 | 5,605,862 | 3,869,505 | 3,876,118 | 6,216,546 | 4,573,723 |
| Cash | 243,621 | 1,830,702 | 2,627,460 | 703,886 | 1,526,538 | 33 | 350 | 13,289 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 65,108,631 | 64,763,903 | 57,194,053 | 45,361,542 | 42,852,900 | 37,116,898 | 39,935,382 | 32,929,924 |
| total assets | 65,941,156 | 65,506,704 | 57,741,669 | 45,737,182 | 43,118,631 | 37,366,223 | 40,617,059 | 33,546,552 |
| Bank overdraft | 33,336,661 | 29,162,207 | 26,433,633 | 0 | 0 | 215,310 | 453,389 | 38,603 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 20,206,204 | 23,903,900 | 20,006,703 | 16,885,036 | 17,341,210 | 13,222,693 | 20,145,034 | 13,710,761 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 687,702 | 224,900 | 304,746 |
| other short term finances | 0 | 0 | 0 | 17,933,655 | 16,274,917 | 14,124,225 | 13,286,796 | 13,161,514 |
| hp & lease commitments | 0 | 0 | 0 | 2,794 | 9,500 | 6,706 | 0 | 3,000 |
| other current liabilities | 2,608,267 | 2,950,605 | 2,755,058 | 2,072,493 | 1,913,696 | 1,977,175 | 1,048,102 | 1,715,743 |
| total current liabilities | 56,151,132 | 56,016,712 | 49,195,394 | 36,893,978 | 35,539,323 | 30,233,811 | 35,158,221 | 28,934,367 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 9,500 | 0 | 2,344 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 69,630 | 69,630 | 69,630 | 29,870 | 29,870 | 19,862 | 45,426 | 0 |
| total long term liabilities | 69,630 | 69,630 | 69,630 | 29,870 | 29,870 | 29,362 | 45,426 | 2,344 |
| total liabilities | 56,220,762 | 56,086,342 | 49,265,024 | 36,923,848 | 35,569,193 | 30,263,173 | 35,203,647 | 28,936,711 |
| net assets | 9,694,794 | 9,394,762 | 8,451,045 | 8,787,734 | 7,523,838 | 7,093,050 | 5,413,412 | 4,609,841 |
| total shareholders funds | 9,694,794 | 9,394,762 | 8,451,045 | 8,787,734 | 7,523,838 | 7,093,050 | 5,413,412 | 4,609,841 |
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 1,940,200 | 1,970,732 | 2,204,801 | 2,151,990 | 1,060,042 | 2,188,211 | 1,638,546 | 1,790,424 |
| Depreciation | 159,597 | 154,201 | 92,820 | 87,328 | 91,241 | 69,130 | 63,256 | 38,890 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 62,372 | 71,705 | 25,316 |
| Tax | -236,800 | -275,000 | -354,760 | -352,741 | -166,169 | -395,991 | -447,884 | -408,123 |
| Stock | 3,296,722 | 118,486 | 4,402,175 | -810,833 | 1,383,271 | -1,103,730 | 3,633,050 | 10,389,471 |
| Debtors | -1,364,913 | 8,248,122 | 5,506,762 | 4,142,127 | 2,826,226 | -1,714,437 | 3,385,347 | 22,527,164 |
| Creditors | -3,697,696 | 3,897,197 | 3,121,667 | -456,174 | 4,118,517 | -6,922,341 | 6,434,273 | 13,710,761 |
| Accruals and Deferred Income | -342,338 | 195,547 | 682,565 | 158,797 | -63,479 | 929,073 | -667,641 | 1,715,743 |
| Deferred Taxes & Provisions | 0 | 0 | 39,760 | 0 | 10,008 | -25,564 | 45,426 | 0 |
| Cash flow from operations | -4,108,846 | -2,423,931 | -4,122,084 | -1,742,094 | 840,663 | -1,276,943 | 119,284 | -16,043,624 |
| Investing Activities | ||||||||
| capital expenditure | -405,361 | -347,859 | -264,796 | -200,937 | -99,063 | -54,783 | -200,010 | -191,527 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -405,361 | -347,859 | -264,796 | -200,937 | -99,063 | -54,783 | -200,010 | -191,527 |
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -687,702 | 462,802 | -79,846 | 304,746 |
| Other Short Term Loans | 0 | 0 | -17,933,655 | 1,658,738 | 2,150,692 | 837,429 | 125,282 | 13,161,514 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | -2,794 | -6,706 | -6,706 | 16,206 | -5,344 | 5,344 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -753,368 | -752,015 | -586,730 | -535,353 | -463,085 | -442,459 | -387,091 | -337,219 |
| cash flow from financing | -753,368 | -752,015 | -18,523,179 | 1,116,679 | 993,199 | 874,011 | -346,999 | 16,699,144 |
| cash and cash equivalents | ||||||||
| cash | -1,587,081 | -796,758 | 1,923,574 | -822,652 | 1,526,505 | -317 | -12,939 | 13,289 |
| overdraft | 4,174,454 | 2,728,574 | 26,433,633 | 0 | -215,310 | -238,079 | 414,786 | 38,603 |
| change in cash | -5,761,535 | -3,525,332 | -24,510,059 | -822,652 | 1,741,815 | 237,762 | -427,725 | -25,314 |
beta services (uk) limited Credit Report and Business Information
Beta Services (uk) Limited Competitor Analysis
Perform a competitor analysis for beta services (uk) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
beta services (uk) limited Ownership
BETA SERVICES (UK) LIMITED group structure
Beta Services (Uk) Limited has 1 subsidiary company.
Ultimate parent company
BETA SERVICES (UK) LIMITED
03512997
1 subsidiary
beta services (uk) limited directors
Beta Services (Uk) Limited currently has 3 directors. The longest serving directors include Mrs Irene Wilson (Mar 1998) and Mr Gary Wilson (Mar 1998).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Irene Wilson | United Kingdom | 71 years | Mar 1998 | - | Director |
| Mr Gary Wilson | 69 years | Mar 1998 | - | Director | |
| Mr Steven Soper | United Kingdom | 51 years | Mar 2012 | - | Director |
P&L
March 2017turnover
186.1m
+12%
operating profit
1.9m
-2%
gross margin
8.2%
-7.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2017net assets
9.7m
+0.03%
total assets
65.9m
+0.01%
cash
243.6k
-0.87%
net assets
Total assets minus all liabilities
Similar Companies
beta services (uk) limited company details
company number
03512997
Type
Private limited with Share Capital
industry
99999 - Dormant Company
incorporation date
February 1998
age
26
accounts
Group
ultimate parent company
previous names
reachshower limited (July 1999)
incorporated
UK
address
deloitte llp, four brindley place, birmingham, west midlands, B1 2HZ
last accounts submitted
March 2017
beta services (uk) 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 did not find charges/mortgages relating to beta services (uk) limited.
beta services (uk) limited Companies House Filings - See Documents
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