b.t.c. activewear limited
b.t.c. activewear limited Company Information
Company Number
03974944
Next Accounts
Sep 2025
Shareholders
new wave group ab
Group Structure
View All
Industry
Wholesale of textiles
Registered Address
point one opus 9, axletree way, wednesbury, WS10 9QY
Website
www.btcactivewear.co.ukb.t.c. activewear limited Estimated Valuation
Pomanda estimates the enterprise value of B.T.C. ACTIVEWEAR LIMITED at £25.6m based on a Turnover of £52m and 0.49x industry multiple (adjusted for size and gross margin).
b.t.c. activewear limited Estimated Valuation
Pomanda estimates the enterprise value of B.T.C. ACTIVEWEAR LIMITED at £23.2m based on an EBITDA of £3.5m and a 6.59x industry multiple (adjusted for size and gross margin).
b.t.c. activewear limited Estimated Valuation
Pomanda estimates the enterprise value of B.T.C. ACTIVEWEAR LIMITED at £35.6m based on Net Assets of £25.4m and 1.4x industry multiple (adjusted for liquidity).
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B.t.c. Activewear Limited Overview
B.t.c. Activewear Limited is a live company located in wednesbury, WS10 9QY with a Companies House number of 03974944. It operates in the wholesale of textiles sector, SIC Code 46410. Founded in April 2000, it's largest shareholder is new wave group ab with a 100% stake. B.t.c. Activewear Limited is a mature, large sized company, Pomanda has estimated its turnover at £52m with declining growth in recent years.
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B.t.c. Activewear Limited Health Check
Pomanda's financial health check has awarded B.T.C. Activewear Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £52m, make it larger than the average company (£15.6m)
£52m - B.t.c. Activewear Limited
£15.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (5.3%)
-2% - B.t.c. Activewear Limited
5.3% - Industry AVG
Production
with a gross margin of 19%, this company has a higher cost of product (27.9%)
19% - B.t.c. Activewear Limited
27.9% - Industry AVG
Profitability
an operating margin of 6.4% make it more profitable than the average company (3.8%)
6.4% - B.t.c. Activewear Limited
3.8% - Industry AVG
Employees
with 109 employees, this is above the industry average (47)
109 - B.t.c. Activewear Limited
47 - Industry AVG
Pay Structure
on an average salary of £32.8k, the company has a lower pay structure (£42.3k)
£32.8k - B.t.c. Activewear Limited
£42.3k - Industry AVG
Efficiency
resulting in sales per employee of £477.4k, this is more efficient (£315.1k)
£477.4k - B.t.c. Activewear Limited
£315.1k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is near the average (45 days)
54 days - B.t.c. Activewear Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (29 days)
13 days - B.t.c. Activewear Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 167 days, this is more than average (119 days)
167 days - B.t.c. Activewear Limited
119 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (8 weeks)
4 weeks - B.t.c. Activewear Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.5%, this is a lower level of debt than the average (52.4%)
12.5% - B.t.c. Activewear Limited
52.4% - Industry AVG
B.T.C. ACTIVEWEAR LIMITED financials
B.T.C. Activewear Limited's latest turnover from December 2023 is £52 million and the company has net assets of £25.4 million. According to their latest financial statements, B.T.C. Activewear Limited has 109 employees and maintains cash reserves of £298.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 52,033,935 | 55,558,334 | 53,049,006 | 54,653,291 | 70,011,748 | 65,203,244 | 58,732,069 | 51,122,508 | 42,104,260 | 53,210,763 | 47,981,335 | 44,320,055 | 45,119,396 | 36,719,957 | 28,603,085 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 42,134,759 | 43,805,669 | 42,755,215 | 45,344,449 | 58,007,179 | 53,658,611 | 47,701,928 | 41,537,053 | 34,884,393 | 42,639,193 | 38,317,996 | 35,032,220 | 34,052,746 | 28,833,739 | 22,509,451 |
| Gross Profit | 9,899,176 | 11,752,665 | 10,293,791 | 9,308,842 | 12,004,569 | 11,544,633 | 11,030,141 | 9,585,455 | 7,219,867 | 10,571,570 | 9,663,339 | 9,287,835 | 11,066,650 | 7,886,218 | 6,093,634 |
| Admin Expenses | 6,584,114 | 6,863,797 | 6,238,384 | 6,978,503 | 7,947,328 | 7,707,107 | 7,609,689 | 7,709,662 | 7,946,060 | 7,678,163 | 6,746,400 | 6,439,906 | 6,538,380 | 5,962,851 | 5,243,769 |
| Operating Profit | 3,315,062 | 4,888,868 | 4,055,407 | 2,330,339 | 4,057,241 | 3,837,526 | 3,420,452 | 1,875,793 | -726,193 | 2,893,407 | 2,916,939 | 2,847,929 | 4,528,270 | 1,923,367 | 849,865 |
| Interest Payable | 120,098 | 61,640 | 19,013 | 64,975 | 190,709 | 208,788 | 187,906 | 166,533 | 158,506 | 194,301 | 180,093 | 172,801 | 212,260 | 162,145 | 126,676 |
| Interest Receivable | 3,736 | 621 | 38 | 114 | 591 | 376 | 1,339 | 2,630 | 171 | 76 | 339 | 457 | 4,402 | ||
| Pre-Tax Profit | 3,198,700 | 4,827,849 | 4,036,432 | 2,265,478 | 3,867,123 | 3,629,114 | 3,233,885 | 1,711,890 | -884,528 | 2,699,106 | 2,736,922 | 2,675,467 | 4,316,467 | 1,761,222 | 727,561 |
| Tax | -709,538 | -1,020,633 | -766,541 | -440,946 | -727,048 | -675,643 | -601,415 | -306,796 | 191,749 | -537,011 | -583,778 | -582,295 | -1,026,195 | -466,775 | -205,851 |
| Profit After Tax | 2,489,162 | 3,807,216 | 3,269,891 | 1,824,532 | 3,140,075 | 2,953,471 | 2,632,470 | 1,405,094 | -692,779 | 2,162,095 | 2,153,144 | 2,093,172 | 3,290,272 | 1,294,447 | 521,710 |
| Dividends Paid | 6,716,845 | 215,000 | 263,000 | 315,000 | 30,000 | 180,000 | |||||||||
| Retained Profit | 2,489,162 | -2,909,629 | 3,269,891 | 1,824,532 | 3,140,075 | 2,953,471 | 2,632,470 | 1,190,094 | -955,779 | 1,847,095 | 2,153,144 | 2,093,172 | 3,290,272 | 1,264,447 | 341,710 |
| Employee Costs | 3,573,222 | 3,535,572 | 3,214,990 | 4,113,864 | 4,352,155 | 4,195,251 | 4,066,013 | 3,970,148 | 4,263,609 | 4,297,226 | 3,742,840 | 3,442,275 | 3,415,354 | 2,949,756 | 2,543,710 |
| Number Of Employees | 109 | 114 | 114 | 146 | 157 | 159 | 156 | 159 | 180 | 188 | 158 | 124 | 113 | 107 | 116 |
| EBITDA* | 3,512,873 | 5,128,284 | 4,272,764 | 2,578,960 | 4,350,155 | 4,129,433 | 3,723,346 | 2,205,088 | -394,883 | 3,106,250 | 3,114,557 | 3,027,063 | 4,728,199 | 2,151,206 | 1,074,779 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 752,773 | 373,782 | 420,887 | 461,740 | 515,659 | 541,423 | 600,319 | 747,638 | 924,022 | 774,555 | 636,397 | 548,352 | 625,984 | 754,459 | 870,685 |
| Intangible Assets | 183,333 | 201,803 | 302,643 | 295,948 | 334,666 | 366,150 | 364,283 | 379,064 | 395,615 | 126,412 | 82,813 | 89,063 | 95,313 | 101,563 | 107,813 |
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 936,106 | 575,585 | 723,530 | 757,688 | 850,325 | 907,573 | 964,602 | 1,126,702 | 1,319,637 | 900,967 | 719,210 | 637,415 | 721,297 | 856,022 | 978,498 |
| Stock & work in progress | 19,345,569 | 21,049,834 | 12,086,674 | 10,891,066 | 13,744,307 | 13,718,654 | 10,338,546 | 9,463,926 | 8,627,020 | 9,977,347 | 8,942,706 | 6,925,451 | 7,273,641 | 4,919,344 | 2,983,786 |
| Trade Debtors | 7,731,333 | 8,742,665 | 7,913,879 | 7,740,609 | 10,274,570 | 9,615,066 | 8,915,508 | 7,789,123 | 6,754,645 | 9,068,060 | 8,484,841 | 9,665,330 | 7,813,138 | 7,085,252 | 5,832,298 |
| Group Debtors | 4,053 | 6,725,902 | 6,744,192 | 6,746,393 | 5,246,718 | 4,039,136 | 3,290,637 | 2,727,337 | 1,829,172 | 1,177,637 | 30,217 | 30,069 | |||
| Misc Debtors | 655,290 | 1,225,922 | 1,385,462 | 1,549,319 | 2,353,434 | 2,305,200 | 2,065,369 | 1,993,127 | 1,441,767 | 1,004,973 | 1,105,618 | 1,066,010 | 1,054,621 | 1,025,298 | |
| Cash | 298,341 | 393,134 | 1,296,015 | 290,186 | 230,639 | 199,087 | 258,979 | 219,685 | 197,797 | 198,680 | 197,927 | 153,036 | 76,549 | 20,068 | 7,169 |
| misc current assets | |||||||||||||||
| total current assets | 28,034,586 | 31,411,555 | 29,407,932 | 27,215,372 | 33,349,343 | 31,084,725 | 25,617,538 | 22,756,498 | 19,748,566 | 22,078,232 | 19,908,729 | 16,743,817 | 16,259,555 | 13,109,354 | 9,848,551 |
| total assets | 28,970,692 | 31,987,140 | 30,131,462 | 27,973,060 | 34,199,668 | 31,992,298 | 26,582,140 | 23,883,200 | 21,068,203 | 22,979,199 | 20,627,939 | 17,381,232 | 16,980,852 | 13,965,376 | 10,827,049 |
| Bank overdraft | 46,140 | 46,140 | 46,140 | 46,140 | 46,140 | 46,140 | 131,221 | ||||||||
| Bank loan | 8,623 | 39,858 | 46,140 | ||||||||||||
| Trade Creditors | 1,547,684 | 2,884,879 | 2,524,344 | 2,947,162 | 5,226,701 | 6,704,144 | 4,097,972 | 5,420,866 | 3,529,434 | 2,919,193 | 3,303,117 | 2,666,285 | 4,141,825 | 4,046,626 | 5,258,679 |
| Group/Directors Accounts | 282,496 | 41,470 | 162,173 | 212,246 | 189,504 | 566,606 | 576,229 | 557,011 | 370,501 | 726,332 | 179,517 | 268,989 | 389,438 | 558,827 | 1,045 |
| other short term finances | 5,214,632 | 5,138,664 | 3,694,569 | 4,630,978 | 5,763,802 | 5,651,633 | |||||||||
| hp & lease commitments | 62,502 | 128,856 | 128,856 | ||||||||||||
| other current liabilities | 1,748,140 | 928,949 | 1,661,710 | 2,294,818 | 8,047,088 | 7,129,063 | 2,019,675 | 1,898,851 | 1,228,472 | 1,601,711 | 1,364,953 | 6,438,572 | 6,492,860 | 6,536,827 | 3,661,337 |
| total current liabilities | 3,578,320 | 9,069,930 | 4,348,227 | 5,454,226 | 13,463,293 | 14,408,436 | 11,934,900 | 11,746,293 | 9,934,381 | 11,057,178 | 10,545,360 | 9,419,986 | 11,070,263 | 11,188,420 | 9,052,282 |
| loans | 8,623 | 48,328 | 94,132 | 139,743 | 185,198 | 233,364 | 278,497 | 426,487 | 688,421 | ||||||
| hp & lease commitments | 52,680 | 171,715 | |||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 33,000 | 47,000 | 3,396 | 8,886 | 50,959 | 38,521 | 46,747 | 76,499 | 98,669 | 57,193 | 19,391 | 3,036 | 419 | 9,069 | 9,393 |
| total long term liabilities | 33,000 | 47,000 | 3,396 | 8,886 | 50,959 | 38,521 | 55,370 | 177,507 | 364,516 | 196,936 | 204,589 | 236,400 | 278,916 | 435,556 | 697,814 |
| total liabilities | 3,611,320 | 9,116,930 | 4,351,623 | 5,463,112 | 13,514,252 | 14,446,957 | 11,990,270 | 11,923,800 | 10,298,897 | 11,254,114 | 10,749,949 | 9,656,386 | 11,349,179 | 11,623,976 | 9,750,096 |
| net assets | 25,359,372 | 22,870,210 | 25,779,839 | 22,509,948 | 20,685,416 | 17,545,341 | 14,591,870 | 11,959,400 | 10,769,306 | 11,725,085 | 9,877,990 | 7,724,846 | 5,631,673 | 2,341,400 | 1,076,953 |
| total shareholders funds | 25,359,372 | 22,870,210 | 25,779,839 | 22,509,948 | 20,685,416 | 17,545,341 | 14,591,870 | 11,959,400 | 10,769,306 | 11,725,085 | 9,877,990 | 7,724,846 | 5,631,673 | 2,341,400 | 1,076,953 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 3,315,062 | 4,888,868 | 4,055,407 | 2,330,339 | 4,057,241 | 3,837,526 | 3,420,452 | 1,875,793 | -726,193 | 2,893,407 | 2,916,939 | 2,847,929 | 4,528,270 | 1,923,367 | 849,865 |
| Depreciation | 116,380 | 106,257 | 118,798 | 130,042 | 154,257 | 170,707 | 203,137 | 244,004 | 280,139 | 205,333 | 191,368 | 172,884 | 193,679 | 221,589 | 218,664 |
| Amortisation | 81,431 | 133,159 | 98,559 | 118,579 | 138,657 | 121,200 | 99,757 | 85,291 | 51,171 | 7,510 | 6,250 | 6,250 | 6,250 | 6,250 | 6,250 |
| Tax | -709,538 | -1,020,633 | -766,541 | -440,946 | -727,048 | -675,643 | -601,415 | -306,796 | 191,749 | -537,011 | -583,778 | -582,295 | -1,026,195 | -466,775 | -205,851 |
| Stock | -1,704,265 | 8,963,160 | 1,195,608 | -2,853,241 | 25,653 | 3,380,108 | 874,620 | 836,906 | -1,350,327 | 1,034,641 | 2,017,255 | -348,190 | 2,354,297 | 1,935,558 | 2,983,786 |
| Debtors | -1,577,911 | -6,056,656 | -8,877 | -3,340,277 | 2,207,413 | 2,146,971 | 1,947,126 | 2,149,138 | -978,456 | 1,134,109 | 1,102,766 | 755,965 | 739,423 | 1,312,346 | 6,857,596 |
| Creditors | -1,337,195 | 360,535 | -422,818 | -2,279,539 | -1,477,443 | 2,606,172 | -1,322,894 | 1,891,432 | 610,241 | -383,924 | 636,832 | -1,475,540 | 95,199 | -1,212,053 | 5,258,679 |
| Accruals and Deferred Income | 819,191 | -732,761 | -633,108 | -5,752,270 | 918,025 | 5,109,388 | 120,824 | 670,379 | -373,239 | 236,758 | -5,073,619 | -54,288 | -43,967 | 2,875,490 | 3,661,337 |
| Deferred Taxes & Provisions | -14,000 | 43,604 | -5,490 | -42,073 | 12,438 | -8,226 | -29,752 | -22,170 | 41,476 | 37,802 | 16,355 | 2,617 | -8,650 | -324 | 9,393 |
| Cash flow from operations | 5,553,507 | 872,525 | 1,258,076 | 257,650 | 843,061 | 5,634,045 | -931,637 | 1,451,889 | 2,404,127 | 291,125 | -5,009,674 | 509,782 | 650,866 | 99,640 | -43,045 |
| Investing Activities | |||||||||||||||
| capital expenditure | -142,265 | -133,111 | -386,823 | -391,351 | -274,746 | -109,533 | -65,222 | -95,970 | -112,027 | ||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -142,265 | -133,111 | -386,823 | -391,351 | -274,746 | -109,533 | -65,222 | -95,970 | -112,027 | ||||||
| Financing Activities | |||||||||||||||
| Bank loans | -8,623 | -31,235 | -6,282 | 46,140 | |||||||||||
| Group/Directors Accounts | 241,026 | -120,703 | -50,073 | 22,742 | -377,102 | -9,623 | 19,218 | 186,510 | -355,831 | 546,815 | -89,472 | -120,449 | -169,389 | 557,782 | 1,045 |
| Other Short Term Loans | -5,214,632 | 5,214,632 | -5,138,664 | 1,444,095 | -936,409 | -1,132,824 | 112,169 | 5,651,633 | |||||||
| Long term loans | -8,623 | -39,705 | -45,804 | -45,611 | -45,455 | -48,166 | -45,133 | -147,990 | -261,934 | 688,421 | |||||
| Hire Purchase and Lease Commitments | -62,502 | -119,034 | -119,035 | 300,571 | |||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -116,362 | -61,019 | -18,975 | -64,861 | -190,118 | -208,412 | -186,567 | -163,903 | -158,335 | -194,301 | -180,017 | -172,462 | -211,803 | -162,145 | -122,274 |
| cash flow from financing | -5,089,968 | 5,032,910 | -69,048 | -42,119 | -575,843 | -5,459,059 | 1,111,725 | -1,032,501 | -1,392,030 | 419,228 | 5,333,978 | -338,043 | -529,181 | 133,703 | 1,302,435 |
| cash and cash equivalents | |||||||||||||||
| cash | -94,793 | -902,881 | 1,005,829 | 59,547 | 31,552 | -59,892 | 39,294 | 21,888 | -883 | 753 | 44,891 | 76,487 | 56,481 | 12,899 | 7,169 |
| overdraft | -46,140 | -85,081 | 131,221 | ||||||||||||
| change in cash | -94,793 | -902,881 | 1,005,829 | 59,547 | 31,552 | -59,892 | 39,294 | 68,028 | -883 | 753 | 44,891 | 76,487 | 56,481 | 97,980 | -124,052 |
b.t.c. activewear limited Credit Report and Business Information
B.t.c. Activewear Limited Competitor Analysis
Perform a competitor analysis for b.t.c. activewear limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in WS10 area or any other competitors across 12 key performance metrics.
b.t.c. activewear limited Ownership
B.T.C. ACTIVEWEAR LIMITED group structure
B.T.C. Activewear Limited has no subsidiary companies.
Ultimate parent company
NEW WAVE GROUP AB
#0044901
1 parent
B.T.C. ACTIVEWEAR LIMITED
03974944
b.t.c. activewear limited directors
B.T.C. Activewear Limited currently has 4 directors. The longest serving directors include Mr Didier Collignon (Jun 2020) and Mr Torsten Jansson (Sep 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Didier Collignon | Belgium | 57 years | Jun 2020 | - | Director |
| Mr Torsten Jansson | Sweden | 62 years | Sep 2022 | - | Director |
| Mr Stefan Persson | Sweden | 43 years | Sep 2022 | - | Director |
| Mr Neil Pitcher | 42 years | Aug 2024 | - | Director |
P&L
December 2023turnover
52m
-6%
operating profit
3.3m
-32%
gross margin
19.1%
-10.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
25.4m
+0.11%
total assets
29m
-0.09%
cash
298.3k
-0.24%
net assets
Total assets minus all liabilities
b.t.c. activewear limited company details
company number
03974944
Type
Private limited with Share Capital
industry
46410 - Wholesale of textiles
incorporation date
April 2000
age
25
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
point one opus 9, axletree way, wednesbury, WS10 9QY
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
b.t.c. activewear 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 10 charges/mortgages relating to b.t.c. activewear limited. Currently there are 3 open charges and 7 have been satisfied in the past.
b.t.c. activewear 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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b.t.c. activewear limited Companies House Filings - See Documents
| date | description | view/download |
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