baglan operations limited
baglan operations limited Company Information
Company Number
03882153
Next Accounts
1455 days late
Directors
Shareholders
baglan generating ltd
Group Structure
View All
Industry
Production of electricity
Registered Address
10 fleet place, london, EC4M 7QS
Website
-baglan operations limited Estimated Valuation
Pomanda estimates the enterprise value of BAGLAN OPERATIONS LIMITED at £82.4m based on a Turnover of £58m and 1.42x industry multiple (adjusted for size and gross margin).
baglan operations limited Estimated Valuation
Pomanda estimates the enterprise value of BAGLAN OPERATIONS LIMITED at £0 based on an EBITDA of £-50.5m and a 4.04x industry multiple (adjusted for size and gross margin).
baglan operations limited Estimated Valuation
Pomanda estimates the enterprise value of BAGLAN OPERATIONS LIMITED at £0 based on Net Assets of £-204.1m and 2.63x industry multiple (adjusted for liquidity).
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Baglan Operations Limited Overview
Baglan Operations Limited is a live company located in london, EC4M 7QS with a Companies House number of 03882153. It operates in the production of electricity sector, SIC Code 35110. Founded in November 1999, it's largest shareholder is baglan generating ltd with a 100% stake. Baglan Operations Limited is a mature, large sized company, Pomanda has estimated its turnover at £58m with declining growth in recent years.
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Baglan Operations Limited Health Check
Pomanda's financial health check has awarded Baglan Operations Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £58m, make it larger than the average company (£850k)
£58m - Baglan Operations Limited
£850k - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (5.1%)
-3% - Baglan Operations Limited
5.1% - Industry AVG
Production
with a gross margin of -10.9%, this company has a higher cost of product (59.8%)
-10.9% - Baglan Operations Limited
59.8% - Industry AVG
Profitability
an operating margin of -98.3% make it less profitable than the average company (34.7%)
-98.3% - Baglan Operations Limited
34.7% - Industry AVG
Employees
with 200 employees, this is above the industry average (3)
- Baglan Operations Limited
3 - Industry AVG
Pay Structure
on an average salary of £59.6k, the company has an equivalent pay structure (£59.6k)
- Baglan Operations Limited
£59.6k - Industry AVG
Efficiency
resulting in sales per employee of £289.9k, this is equally as efficient (£291.3k)
- Baglan Operations Limited
£291.3k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (28 days)
3 days - Baglan Operations Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (23 days)
1 days - Baglan Operations Limited
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Baglan Operations Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (7 weeks)
1 weeks - Baglan Operations Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 507.4%, this is a higher level of debt than the average (100%)
507.4% - Baglan Operations Limited
100% - Industry AVG
BAGLAN OPERATIONS LIMITED financials
Baglan Operations Limited's latest turnover from March 2019 is £58 million and the company has net assets of -£204.1 million. According to their latest financial statements, we estimate that Baglan Operations Limited has 200 employees and maintains cash reserves of £6.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Dec 2014 | Dec 2013 | Oct 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 57,984,000 | 60,004,000 | 137,812,000 | 62,641,000 | 7,855,000 | 76,084,000 | 55,016,000 | 103,152,000 | 163,185,000 | 143,933,000 | 31,756,000 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 64,335,000 | 78,805,000 | 137,173,000 | 74,421,000 | 11,992,000 | 90,937,000 | 67,249,000 | 121,186,000 | 172,705,000 | 136,327,000 | 70,259,000 |
| Gross Profit | -6,351,000 | -18,801,000 | 639,000 | -11,780,000 | -4,137,000 | -14,853,000 | -12,233,000 | -18,034,000 | -9,520,000 | 7,606,000 | -38,503,000 |
| Admin Expenses | 50,647,000 | 5,095,000 | 5,206,000 | 7,476,000 | 1,956,000 | 6,630,000 | 8,002,000 | 124,247,000 | 5,458,000 | 3,328,000 | 4,467,000 |
| Operating Profit | -56,998,000 | -23,896,000 | -4,567,000 | -19,256,000 | -6,093,000 | -21,483,000 | -20,235,000 | -142,281,000 | -14,978,000 | 4,278,000 | -42,970,000 |
| Interest Payable | 15,320,000 | 13,292,000 | 12,184,000 | 10,853,000 | 2,422,000 | 9,017,000 | 9,042,000 | 2,843,000 | 4,732,000 | 3,809,000 | 5,113,000 |
| Interest Receivable | 102,000 | 81,000 | 48,000 | 12,000 | |||||||
| Pre-Tax Profit | -73,128,000 | -36,605,000 | -15,912,000 | -30,977,000 | -9,322,000 | -30,680,000 | -29,277,000 | -145,124,000 | -19,710,000 | 469,000 | -48,083,000 |
| Tax | 756,000 | 2,073,000 | 394,000 | 758,000 | -83,000 | 204,000 | 15,000 | 4,147,000 | -3,750,000 | -215,000 | |
| Profit After Tax | -72,372,000 | -34,532,000 | -15,518,000 | -30,219,000 | -9,322,000 | -30,763,000 | -29,073,000 | -145,109,000 | -15,563,000 | -3,281,000 | -48,298,000 |
| Dividends Paid | |||||||||||
| Retained Profit | -72,372,000 | -34,532,000 | -15,518,000 | -30,219,000 | -9,322,000 | -30,763,000 | -29,073,000 | -145,109,000 | -15,563,000 | -3,281,000 | -48,298,000 |
| Employee Costs | 148,000 | 234,000 | |||||||||
| Number Of Employees | 3 | 4 | 5 | 5 | 6 | ||||||
| EBITDA* | -50,485,000 | -15,158,000 | 5,533,000 | -12,792,000 | -4,475,000 | -15,013,000 | -14,053,000 | -130,793,000 | -561,000 | 18,687,000 | -28,561,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Dec 2014 | Dec 2013 | Oct 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 22,348,000 | 72,460,000 | 79,933,000 | 84,302,000 | 90,615,000 | 92,243,000 | 99,717,000 | 45,158,000 | 177,227,000 | 191,604,000 | 206,013,000 |
| Intangible Assets | 1,014,000 | 600,000 | 3,302,000 | 9,113,000 | |||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 22,348,000 | 72,460,000 | 79,933,000 | 84,302,000 | 90,615,000 | 92,243,000 | 99,717,000 | 46,172,000 | 177,827,000 | 194,906,000 | 215,126,000 |
| Stock & work in progress | |||||||||||
| Trade Debtors | 507,000 | 1,713,000 | 3,884,000 | 2,281,000 | 418,000 | 518,000 | 984,000 | 8,426,000 | 11,727,000 | 20,296,000 | 16,492,000 |
| Group Debtors | 1,580,000 | 1,081,000 | 639,000 | 1,057,000 | 1,237,000 | 1,076,000 | 23,506,000 | 10,731,000 | 10,732,000 | ||
| Misc Debtors | 10,464,000 | 10,791,000 | 7,128,000 | 1,138,000 | 2,462,000 | 3,239,000 | 1,623,000 | 723,000 | |||
| Cash | 6,338,000 | 1,624,000 | 12,278,000 | 6,830,000 | 1,643,000 | 1,966,000 | 1,793,000 | 94,000 | |||
| misc current assets | |||||||||||
| total current assets | 27,748,000 | 15,381,000 | 28,034,000 | 16,878,000 | 4,256,000 | 6,183,000 | 7,092,000 | 10,049,000 | 35,956,000 | 31,027,000 | 27,318,000 |
| total assets | 50,096,000 | 87,841,000 | 107,967,000 | 101,180,000 | 94,871,000 | 98,426,000 | 106,809,000 | 56,221,000 | 213,783,000 | 225,933,000 | 242,444,000 |
| Bank overdraft | |||||||||||
| Bank loan | 6,974,000 | ||||||||||
| Trade Creditors | 305,000 | 121,000 | 12,446,000 | 553,000 | 667,000 | 771,000 | 496,000 | ||||
| Group/Directors Accounts | 122,687,000 | 91,849,000 | 81,058,000 | 47,298,000 | 41,420,000 | 8,720,000 | 30,000,000 | 523,528,000 | 510,595,000 | 520,570,000 | |
| other short term finances | 154,747,000 | 951,000 | 35,000 | ||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 10,334,000 | 14,592,000 | 8,329,000 | 6,127,000 | 6,191,000 | 10,173,000 | 7,774,000 | 10,776,000 | 20,409,000 | 21,962,000 | |
| total current liabilities | 165,303,000 | 133,142,000 | 118,887,000 | 90,891,000 | 54,127,000 | 48,382,000 | 26,363,000 | 37,774,000 | 534,304,000 | 531,004,000 | 542,532,000 |
| loans | 83,237,000 | 83,237,000 | 83,237,000 | 83,237,000 | 83,237,000 | 83,237,000 | |||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | 6,400,000 | 6,629,000 | 6,629,000 | 7,277,000 | |||||||
| other liabilities | |||||||||||
| provisions | 3,193,000 | 3,042,000 | 2,333,000 | 2,340,000 | 2,318,000 | 2,273,000 | 1,715,000 | 1,672,000 | 1,559,000 | 3,261,000 | |
| total long term liabilities | 88,896,000 | 86,430,000 | 86,279,000 | 91,970,000 | 92,206,000 | 92,184,000 | 92,787,000 | 1,715,000 | 1,672,000 | 1,559,000 | 3,261,000 |
| total liabilities | 254,199,000 | 219,572,000 | 205,166,000 | 182,861,000 | 146,333,000 | 140,566,000 | 119,150,000 | 39,489,000 | 535,976,000 | 532,563,000 | 545,793,000 |
| net assets | -204,103,000 | -131,731,000 | -97,199,000 | -81,681,000 | -51,462,000 | -42,140,000 | -12,341,000 | 16,732,000 | -322,193,000 | -306,630,000 | -303,349,000 |
| total shareholders funds | -204,103,000 | -131,731,000 | -97,199,000 | -81,681,000 | -51,462,000 | -42,140,000 | -12,341,000 | 16,732,000 | -322,193,000 | -306,630,000 | -303,349,000 |
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Dec 2014 | Dec 2013 | Oct 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | -56,998,000 | -23,896,000 | -4,567,000 | -19,256,000 | -6,093,000 | -21,483,000 | -20,235,000 | -142,281,000 | -14,978,000 | 4,278,000 | -42,970,000 |
| Depreciation | 6,513,000 | 8,738,000 | 10,100,000 | 6,464,000 | 1,618,000 | 6,470,000 | 6,182,000 | 11,488,000 | 14,417,000 | 14,409,000 | 14,409,000 |
| Amortisation | |||||||||||
| Tax | 756,000 | 2,073,000 | 394,000 | 758,000 | -83,000 | 204,000 | 15,000 | 4,147,000 | -3,750,000 | -215,000 | |
| Stock | |||||||||||
| Debtors | -13,250,000 | -1,999,000 | 5,708,000 | 7,435,000 | -1,604,000 | -1,082,000 | -4,750,000 | -25,907,000 | 4,929,000 | 3,803,000 | 27,224,000 |
| Creditors | 184,000 | -12,325,000 | 11,893,000 | -114,000 | -104,000 | 275,000 | 496,000 | ||||
| Accruals and Deferred Income | -10,334,000 | -4,258,000 | -137,000 | 1,973,000 | -64,000 | -4,630,000 | 9,676,000 | -3,002,000 | -9,633,000 | -1,553,000 | 21,962,000 |
| Deferred Taxes & Provisions | -3,193,000 | 151,000 | 709,000 | -7,000 | 22,000 | 45,000 | 558,000 | 43,000 | 113,000 | -1,702,000 | 3,261,000 |
| Cash flow from operations | -27,518,000 | 12,684,000 | -17,617,000 | -3,017,000 | -18,324,000 | 7,879,000 | -30,777,000 | ||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | -6,974,000 | 6,974,000 | |||||||||
| Group/Directors Accounts | -122,687,000 | 30,838,000 | 10,791,000 | 33,760,000 | 5,878,000 | 32,700,000 | -21,280,000 | -493,528,000 | 12,933,000 | -9,975,000 | 520,570,000 |
| Other Short Term Loans | 154,747,000 | -951,000 | 916,000 | 35,000 | |||||||
| Long term loans | -83,237,000 | 83,237,000 | |||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | -13,190,000 | -12,103,000 | -10,805,000 | -2,422,000 | -9,005,000 | -9,042,000 | -2,843,000 | -4,732,000 | -3,809,000 | -5,113,000 | |
| cash flow from financing | 17,648,000 | -2,263,000 | 23,871,000 | 3,491,000 | 17,685,000 | 59,889,000 | -12,337,000 | 8,201,000 | -13,784,000 | 260,406,000 | |
| cash and cash equivalents | |||||||||||
| cash | 4,714,000 | -10,654,000 | 5,448,000 | 5,187,000 | -323,000 | 173,000 | 1,793,000 | -94,000 | 94,000 | ||
| overdraft | |||||||||||
| change in cash | 4,714,000 | -10,654,000 | 5,448,000 | 5,187,000 | -323,000 | 173,000 | 1,793,000 | -94,000 | 94,000 |
baglan operations limited Credit Report and Business Information
Baglan Operations Limited Competitor Analysis
Perform a competitor analysis for baglan operations limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other large companies, companies in EC4M area or any other competitors across 12 key performance metrics.
baglan operations limited Ownership
BAGLAN OPERATIONS LIMITED group structure
Baglan Operations Limited has no subsidiary companies.
Ultimate parent company
MPF HOLDINGS LTD
#0046816
2 parents
BAGLAN OPERATIONS LIMITED
03882153
baglan operations limited directors
Baglan Operations Limited currently has 1 director, Mr Jeffrey Holder serving since Aug 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeffrey Holder | England | 49 years | Aug 2020 | - | Director |
P&L
March 2019turnover
58m
-3%
operating profit
-57m
+139%
gross margin
-10.9%
-65.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
-204.1m
+0.55%
total assets
50.1m
-0.43%
cash
6.3m
+2.9%
net assets
Total assets minus all liabilities
baglan operations limited company details
company number
03882153
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
November 1999
age
26
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2019
previous names
N/A
accountant
-
auditor
DELOITTE LLP
address
10 fleet place, london, EC4M 7QS
Bank
HSBC BANK PLC
Legal Advisor
-
baglan operations 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 7 charges/mortgages relating to baglan operations limited. Currently there are 3 open charges and 4 have been satisfied in the past.
baglan operations 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.
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baglan operations limited Companies House Filings - See Documents
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