birmingham irish association
birmingham irish association Company Information
Group Structure
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Industry
Social work activities without accommodation for the elderly and disabled
Registered Address
st anne's parish centre, alcester street, birmingham, B12 0PH
birmingham irish association Estimated Valuation
Pomanda estimates the enterprise value of BIRMINGHAM IRISH ASSOCIATION at £294.2k based on a Turnover of £540k and 0.54x industry multiple (adjusted for size and gross margin).
birmingham irish association Estimated Valuation
Pomanda estimates the enterprise value of BIRMINGHAM IRISH ASSOCIATION at £0 based on an EBITDA of £-170.6k and a 5.25x industry multiple (adjusted for size and gross margin).
birmingham irish association Estimated Valuation
Pomanda estimates the enterprise value of BIRMINGHAM IRISH ASSOCIATION at £1.8m based on Net Assets of £562.2k and 3.15x industry multiple (adjusted for liquidity).
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Birmingham Irish Association Overview
Birmingham Irish Association is a live company located in birmingham, B12 0PH with a Companies House number of 03628076. It operates in the social work activities without accommodation for the elderly and disabled sector, SIC Code 88100. Founded in September 1998, it's largest shareholder is unknown. Birmingham Irish Association is a mature, small sized company, Pomanda has estimated its turnover at £540k with declining growth in recent years.
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Birmingham Irish Association Health Check
Pomanda's financial health check has awarded Birmingham Irish Association a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £540k, make it in line with the average company (£532.8k)
£540k - Birmingham Irish Association
£532.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (3.9%)
-20% - Birmingham Irish Association
3.9% - Industry AVG
Production
with a gross margin of 33.2%, this company has a comparable cost of product (33.2%)
33.2% - Birmingham Irish Association
33.2% - Industry AVG
Profitability
an operating margin of -35.5% make it less profitable than the average company (1.6%)
-35.5% - Birmingham Irish Association
1.6% - Industry AVG
Employees
with 15 employees, this is similar to the industry average (18)
15 - Birmingham Irish Association
18 - Industry AVG
Pay Structure
on an average salary of £28.5k, the company has a higher pay structure (£20.7k)
£28.5k - Birmingham Irish Association
£20.7k - Industry AVG
Efficiency
resulting in sales per employee of £36k, this is more efficient (£30.4k)
£36k - Birmingham Irish Association
£30.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Birmingham Irish Association
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Birmingham Irish Association
- - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (6 days)
1 days - Birmingham Irish Association
6 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 572 weeks, this is more cash available to meet short term requirements (239 weeks)
572 weeks - Birmingham Irish Association
239 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.9%, this is a lower level of debt than the average (12.1%)
7.9% - Birmingham Irish Association
12.1% - Industry AVG
BIRMINGHAM IRISH ASSOCIATION financials
Birmingham Irish Association's latest turnover from March 2024 is £540 thousand and the company has net assets of £562.2 thousand. According to their latest financial statements, Birmingham Irish Association has 15 employees and maintains cash reserves of £526.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 539,957 | 654,136 | 682,907 | 1,040,386 | 618,993 | 488,853 | 462,798 | 354,923 | 421,434 | 513,093 | 629,089 | 636,210 | 759,922 | 983,048 | 860,821 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -161,044 | -146,190 | -34,519 | 348,016 | 118,990 | 82,482 | 72,209 | -66,008 | -115,335 | -78,975 | -1,680 | -76,118 | -13,666 | 80,373 | 753 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -161,044 | -146,190 | -34,519 | 348,016 | 118,990 | 82,482 | 72,209 | -66,008 | -115,335 | -78,975 | -1,680 | -76,118 | -13,666 | 80,373 | 753 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -161,044 | -146,190 | -34,519 | 348,016 | 118,990 | 82,482 | 72,209 | -66,008 | -115,335 | -78,975 | -1,680 | -76,118 | -13,666 | 80,373 | 753 |
| Employee Costs | 428,034 | 512,320 | 510,417 | 411,929 | 327,905 | 280,534 | 260,526 | 299,263 | 373,557 | 454,784 | 491,634 | 539,563 | 583,553 | 718,509 | 691,744 |
| Number Of Employees | 15 | 20 | 21 | 18 | 14 | 13 | 12 | 13 | 17 | 21 | 20 | 22 | 23 | 28 | 27 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 67,532 | 45,076 | 71,324 | 94,200 | 51,729 | 57,262 | 67,958 | 146,628 | 158,348 | 165,525 | 186,188 | 210,975 | 216,354 | 230,144 | 256,688 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 43,872 | 67,365 | 67,365 | 67,365 | 67,365 | 67,365 | 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 | 0 |
| Total Fixed Assets | 67,532 | 88,948 | 138,689 | 161,565 | 119,094 | 124,627 | 135,323 | 146,628 | 158,348 | 165,525 | 186,188 | 210,975 | 216,354 | 230,144 | 256,688 |
| Stock & work in progress | 1,504 | 1,504 | 1,504 | 465 | 465 | 465 | 465 | 465 | 465 | 465 | 495 | 482 | 492 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,733 | 8,386 | 10,538 | 14,182 | 19,002 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 14,179 | 9,188 | 10,174 | 5,357 | 1,873 | 4,865 | 1,899 | 6,417 | 9,527 | 8,550 | 10,911 | 6,900 | 10,641 | 5,917 | 11,704 |
| Cash | 526,868 | 646,225 | 743,559 | 743,381 | 442,247 | 318,977 | 231,767 | 137,434 | 190,878 | 301,135 | 353,432 | 409,539 | 472,809 | 536,633 | 405,564 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 542,551 | 656,917 | 755,237 | 749,203 | 444,585 | 324,307 | 234,131 | 144,316 | 200,870 | 310,150 | 375,571 | 425,307 | 494,480 | 556,732 | 436,270 |
| total assets | 610,083 | 745,865 | 893,926 | 910,768 | 563,679 | 448,934 | 369,454 | 290,944 | 359,218 | 475,675 | 561,759 | 636,282 | 710,834 | 786,876 | 692,958 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 284 | 284 | 284 | 2,703 | 0 | 4 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 996 | 1,775 | 1,373 | 1,486 | 1,486 | 907 | 907 | 907 |
| other current liabilities | 47,874 | 22,612 | 24,484 | 6,523 | 7,450 | 11,695 | 12,278 | 7,684 | 7,739 | 7,492 | 13,606 | 84,963 | 89,547 | 151,016 | 127,747 |
| total current liabilities | 47,874 | 22,612 | 24,484 | 6,807 | 7,734 | 11,979 | 14,981 | 8,680 | 9,518 | 8,865 | 15,092 | 86,449 | 90,454 | 151,923 | 128,654 |
| loans | 0 | 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 | 1,428 | 3,203 | 4,085 | 5,571 | 0 | 907 | 1,814 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,428 | 3,203 | 4,085 | 5,571 | 0 | 907 | 1,814 |
| total liabilities | 47,874 | 22,612 | 24,484 | 6,807 | 7,734 | 11,979 | 14,981 | 8,680 | 10,946 | 12,068 | 19,177 | 92,020 | 90,454 | 152,830 | 130,468 |
| net assets | 562,209 | 723,253 | 869,442 | 903,961 | 555,945 | 436,955 | 354,473 | 282,264 | 348,272 | 463,607 | 542,582 | 544,262 | 620,380 | 634,046 | 562,490 |
| total shareholders funds | 562,209 | 723,253 | 869,442 | 903,961 | 555,945 | 436,955 | 354,473 | 282,264 | 348,272 | 463,607 | 542,582 | 544,262 | 620,380 | 634,046 | 562,490 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 21,270 | 26,248 | 28,417 | 28,073 | 10,324 | 10,696 | 12,288 | 18,455 | 16,416 | 20,484 | 21,508 | 2,234 | 2,979 | 32,174 | 35,466 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 1,039 | 0 | 0 | 0 | 0 | 0 | 0 | -30 | 13 | -10 | 492 | 0 | 0 |
| Debtors | 4,991 | -986 | 4,817 | 3,484 | -2,992 | 2,966 | -4,518 | -3,110 | 977 | -13,094 | 6,358 | -5,893 | 1,080 | -10,607 | 30,706 |
| Creditors | 0 | 0 | -284 | 0 | 0 | -2,419 | 2,703 | -4 | 4 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 25,262 | -1,872 | 17,961 | -927 | -4,245 | -583 | 4,594 | -55 | 247 | -6,114 | -71,357 | -4,584 | -61,469 | 23,269 | 127,747 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 0 | -983 | -6,768 | -9,239 | -3,948 | |||||
| Change in Investments | -43,872 | -23,493 | 0 | 0 | 0 | 0 | 67,365 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 43,872 | 23,493 | 0 | 0 | 0 | 0 | -68,348 | -6,768 | -9,239 | -3,948 | |||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 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 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | -996 | -2,207 | -1,373 | -995 | -1,486 | 6,150 | -907 | -907 | 2,721 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 1 | 0 | 0 | 0 | 0 | -996 | -2,207 | -1,373 | -995 | -1,486 | 6,150 | -907 | -9,724 | 564,458 |
| cash and cash equivalents | |||||||||||||||
| cash | -119,357 | -97,334 | 178 | 301,134 | 123,270 | 87,210 | 94,333 | -53,444 | -110,257 | -52,297 | -56,107 | -63,270 | -63,824 | 131,069 | 405,564 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -119,357 | -97,334 | 178 | 301,134 | 123,270 | 87,210 | 94,333 | -53,444 | -110,257 | -52,297 | -56,107 | -63,270 | -63,824 | 131,069 | 405,564 |
birmingham irish association Credit Report and Business Information
Birmingham Irish Association Competitor Analysis
Perform a competitor analysis for birmingham irish association by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in B12 area or any other competitors across 12 key performance metrics.
birmingham irish association Ownership
BIRMINGHAM IRISH ASSOCIATION group structure
Birmingham Irish Association has no subsidiary companies.
Ultimate parent company
BIRMINGHAM IRISH ASSOCIATION
03628076
birmingham irish association directors
Birmingham Irish Association currently has 6 directors. The longest serving directors include Fr Eamon Corduff (Mar 2003) and Mrs Joan Downton (Nov 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Fr Eamon Corduff | 63 years | Mar 2003 | - | Director | |
| Mrs Joan Downton | 63 years | Nov 2015 | - | Director | |
| Ms Teresa Lynk | 72 years | Nov 2015 | - | Director | |
| Mr Michael O'Brien | England | 57 years | Sep 2022 | - | Director |
| Mr Edward O'Connor | 46 years | Sep 2024 | - | Director | |
| Ms Deirdre Smyth | 60 years | Sep 2024 | - | Director |
P&L
March 2024turnover
540k
-17%
operating profit
-191.8k
0%
gross margin
33.2%
+3.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
562.2k
-0.22%
total assets
610.1k
-0.18%
cash
526.9k
-0.18%
net assets
Total assets minus all liabilities
birmingham irish association company details
company number
03628076
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
88100 - Social work activities without accommodation for the elderly and disabled
incorporation date
September 1998
age
27
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
irish in birmingham (June 2014)
i.w.i.c. (September 2011)
accountant
-
auditor
PRIME
address
st anne's parish centre, alcester street, birmingham, B12 0PH
Bank
METRO BANK PLC
Legal Advisor
GATELEY PLC
birmingham irish association 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 birmingham irish association.
birmingham irish association 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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birmingham irish association Companies House Filings - See Documents
| date | description | view/download |
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