
Company Number
04403730
Next Accounts
Sep 2025
Shareholders
morson holdings limited
Group Structure
View All
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
+2Registered Address
adamson house centenary way, salford, M50 1RD
Website
https://thebridgeit.comPomanda estimates the enterprise value of BRIDGE TECHNOLOGY PARTNERS LIMITED at £9.7m based on a Turnover of £43.1m and 0.22x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of BRIDGE TECHNOLOGY PARTNERS LIMITED at £8.8m based on an EBITDA of £1.9m and a 4.64x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of BRIDGE TECHNOLOGY PARTNERS LIMITED at £7.5m based on Net Assets of £6.1m and 1.24x industry multiple (adjusted for liquidity).
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Bridge Technology Partners Limited is a live company located in salford, M50 1RD with a Companies House number of 04403730. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in March 2002, it's largest shareholder is morson holdings limited with a 100% stake. Bridge Technology Partners Limited is a mature, large sized company, Pomanda has estimated its turnover at £43.1m with rapid growth in recent years.
Pomanda's financial health check has awarded Bridge Technology Partners Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
6 Weak
Size
annual sales of £43.1m, make it larger than the average company (£12.6m)
£43.1m - Bridge Technology Partners Limited
£12.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (6.5%)
30% - Bridge Technology Partners Limited
6.5% - Industry AVG
Production
with a gross margin of 11.3%, this company has a higher cost of product (21.7%)
11.3% - Bridge Technology Partners Limited
21.7% - Industry AVG
Profitability
an operating margin of 4.4% make it more profitable than the average company (2.8%)
4.4% - Bridge Technology Partners Limited
2.8% - Industry AVG
Employees
with 29 employees, this is below the industry average (54)
29 - Bridge Technology Partners Limited
54 - Industry AVG
Pay Structure
on an average salary of £74.2k, the company has a higher pay structure (£56.5k)
£74.2k - Bridge Technology Partners Limited
£56.5k - Industry AVG
Efficiency
resulting in sales per employee of £1.5m, this is more efficient (£182k)
£1.5m - Bridge Technology Partners Limited
£182k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (46 days)
75 days - Bridge Technology Partners Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (7 days)
0 days - Bridge Technology Partners Limited
7 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Bridge Technology Partners Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (8 weeks)
2 weeks - Bridge Technology Partners Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.1%, this is a lower level of debt than the average (72.8%)
49.1% - Bridge Technology Partners Limited
72.8% - Industry AVG
Bridge Technology Partners Limited's latest turnover from December 2023 is £43.1 million and the company has net assets of £6.1 million. According to their latest financial statements, Bridge Technology Partners Limited has 29 employees and maintains cash reserves of £233 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 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 43,143,000 | 44,846,000 | 32,092,000 | 19,565,000 | 27,515,000 | 29,143,000 | 30,994,000 | 16,326,000 | 15,494,272 | ||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 38,289,000 | 39,187,000 | 27,371,000 | 16,286,000 | 23,120,000 | 24,257,000 | 25,450,000 | 13,158,000 | 12,209,040 | ||||||
Gross Profit | 4,854,000 | 5,659,000 | 4,721,000 | 3,279,000 | 4,395,000 | 4,886,000 | 5,544,000 | 3,168,000 | 3,285,232 | ||||||
Admin Expenses | 2,973,000 | 3,350,000 | 3,032,000 | 2,351,000 | 2,679,000 | 2,361,000 | 2,917,000 | 1,713,000 | 1,676,316 | ||||||
Operating Profit | 1,881,000 | 2,309,000 | 1,689,000 | 928,000 | 1,716,000 | 2,525,000 | 2,627,000 | 1,455,000 | 1,608,916 | ||||||
Interest Payable | 58,000 | 37,000 | 26,000 | 28,000 | 50,000 | 28,000 | 1,000 | ||||||||
Interest Receivable | 2,000 | 457 | |||||||||||||
Pre-Tax Profit | 1,823,000 | 2,272,000 | 1,666,000 | 1,041,000 | 1,666,000 | 2,497,000 | 2,626,000 | 1,457,000 | 1,609,373 | ||||||
Tax | -430,000 | -436,000 | -317,000 | -190,000 | -323,000 | -477,000 | -514,000 | -283,000 | -336,609 | ||||||
Profit After Tax | 1,393,000 | 1,836,000 | 1,349,000 | 851,000 | 1,343,000 | 2,020,000 | 2,112,000 | 1,174,000 | 1,272,764 | ||||||
Dividends Paid | 2,000,000 | 500,000 | 1,500,000 | 2,500,000 | 3,012,000 | 200,000 | |||||||||
Retained Profit | 1,393,000 | -164,000 | 1,349,000 | 351,000 | -157,000 | -480,000 | 2,112,000 | -1,838,000 | 1,072,764 | ||||||
Employee Costs | 2,152,000 | 2,695,000 | 2,418,000 | 1,880,000 | 2,192,000 | 2,040,000 | 2,466,000 | 1,430,000 | 1,406,258 | ||||||
Number Of Employees | 29 | 28 | 28 | 30 | 30 | 29 | 29 | 24 | 24 | ||||||
EBITDA* | 1,898,000 | 2,328,000 | 1,694,000 | 932,000 | 1,726,000 | 2,526,000 | 2,628,000 | 1,455,000 | 1,609,281 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 80,000 | 90,000 | 96,000 | 16,000 | 9,000 | 12,000 | 1,000 | 1,094 | 1,459 | 2,332 | 3,108 | 4,145 | 5,527 | 7,370 | |
Intangible Assets | |||||||||||||||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | 2,476,000 | 2,500,000 | 2,000 | ||||||||||||
Total Fixed Assets | 2,556,000 | 2,590,000 | 98,000 | 16,000 | 9,000 | 12,000 | 1,000 | 1,094 | 1,459 | 2,332 | 3,108 | 4,145 | 5,527 | 7,370 | |
Stock & work in progress | |||||||||||||||
Trade Debtors | 8,904,000 | 7,673,000 | 6,181,000 | 3,754,000 | 3,730,000 | 4,616,000 | 3,323,000 | 2,682,000 | 2,275,206 | 1,872,264 | 1,549,357 | 1,803,710 | 1,503,297 | 1,768,471 | 1,281,093 |
Group Debtors | 3,000 | 2,059,000 | 3,905,000 | 5,080,000 | 2,631,000 | 1,769,000 | |||||||||
Misc Debtors | 186,000 | 158,000 | 185,000 | 160,000 | 324,000 | 189,000 | 74,000 | 9,000 | 3,442 | ||||||
Cash | 233,000 | 261,000 | 171,000 | 194,000 | 83,000 | 77,000 | 1,439,000 | 2,672,000 | 2,282,102 | 1,129,425 | 1,342,645 | 970,422 | 495,005 | 224,126 | 251,369 |
misc current assets | |||||||||||||||
total current assets | 9,326,000 | 8,092,000 | 8,596,000 | 8,013,000 | 9,217,000 | 7,513,000 | 6,605,000 | 5,363,000 | 4,560,750 | 3,001,689 | 2,892,002 | 2,774,132 | 1,998,302 | 1,992,597 | 1,532,462 |
total assets | 11,882,000 | 10,682,000 | 8,694,000 | 8,029,000 | 9,226,000 | 7,525,000 | 6,605,000 | 5,364,000 | 4,561,844 | 3,003,148 | 2,894,334 | 2,777,240 | 2,002,447 | 1,998,124 | 1,539,832 |
Bank overdraft | 166,000 | 100,000 | 300,000 | 1,534,000 | 98,000 | ||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 66,000 | 30,000 | 2,020,000 | 1,385,000 | 1,241,000 | 1,544,000 | 1,523,000 | 1,426,000 | 1,457,452 | 1,637,285 | 1,531,742 | 1,701,028 | 1,433,138 | 1,753,522 | 894,842 |
Group/Directors Accounts | 1,050,000 | 1,313,000 | 14,000 | 2,001,000 | 1,500,000 | 1,417,000 | 1,356,000 | ||||||||
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 4,539,000 | 4,569,000 | 1,538,000 | 1,150,000 | 1,829,000 | 1,187,000 | 1,323,000 | 2,018,000 | 702,990 | ||||||
total current liabilities | 5,821,000 | 6,012,000 | 3,872,000 | 4,536,000 | 6,104,000 | 4,246,000 | 2,846,000 | 4,800,000 | 2,160,442 | 1,637,285 | 1,531,742 | 1,701,028 | 1,433,138 | 1,753,522 | 894,842 |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 20,000 | ||||||||||||||
provisions | 10,000 | 12,000 | |||||||||||||
total long term liabilities | 10,000 | 12,000 | 20,000 | ||||||||||||
total liabilities | 5,831,000 | 6,024,000 | 3,872,000 | 4,556,000 | 6,104,000 | 4,246,000 | 2,846,000 | 4,800,000 | 2,160,442 | 1,637,285 | 1,531,742 | 1,701,028 | 1,433,138 | 1,753,522 | 894,842 |
net assets | 6,051,000 | 4,658,000 | 4,822,000 | 3,473,000 | 3,122,000 | 3,279,000 | 3,759,000 | 564,000 | 2,401,402 | 1,365,863 | 1,362,592 | 1,076,212 | 569,309 | 244,602 | 644,990 |
total shareholders funds | 6,051,000 | 4,658,000 | 4,822,000 | 3,473,000 | 3,122,000 | 3,279,000 | 3,759,000 | 564,000 | 2,401,402 | 1,365,863 | 1,362,592 | 1,076,212 | 569,309 | 244,602 | 644,990 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 1,881,000 | 2,309,000 | 1,689,000 | 928,000 | 1,716,000 | 2,525,000 | 2,627,000 | 1,455,000 | 1,608,916 | ||||||
Depreciation | 17,000 | 19,000 | 5,000 | 4,000 | 10,000 | 1,000 | 1,000 | 365 | 487 | 776 | 1,037 | 1,382 | 1,843 | 2,458 | |
Amortisation | |||||||||||||||
Tax | -430,000 | -436,000 | -317,000 | -190,000 | -323,000 | -477,000 | -514,000 | -283,000 | -336,609 | ||||||
Stock | |||||||||||||||
Debtors | 1,238,000 | 1,904,000 | 608,000 | -1,315,000 | 1,698,000 | 2,270,000 | 2,475,000 | 412,352 | 406,384 | 322,907 | -254,353 | 300,413 | -265,174 | 487,378 | 1,281,093 |
Creditors | 36,000 | -1,990,000 | 635,000 | 144,000 | -303,000 | 21,000 | 97,000 | -31,452 | -179,833 | 105,543 | -169,286 | 267,890 | -320,384 | 858,680 | 894,842 |
Accruals and Deferred Income | -30,000 | 3,031,000 | 388,000 | -679,000 | 642,000 | -136,000 | -695,000 | 1,315,010 | 702,990 | ||||||
Deferred Taxes & Provisions | -2,000 | 12,000 | |||||||||||||
Cash flow from operations | 234,000 | 1,041,000 | 1,792,000 | 1,522,000 | 44,000 | -336,000 | -959,000 | 2,043,206 | 1,389,445 | ||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | -263,000 | 1,299,000 | -1,987,000 | 501,000 | 83,000 | 1,417,000 | -1,356,000 | 1,356,000 | |||||||
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | -20,000 | 20,000 | |||||||||||||
share issue | |||||||||||||||
interest | -58,000 | -37,000 | -26,000 | -28,000 | -50,000 | -28,000 | -1,000 | 2,000 | 457 | ||||||
cash flow from financing | -321,000 | 1,262,000 | -2,033,000 | 493,000 | 33,000 | 1,389,000 | -274,000 | 1,358,598 | -36,768 | ||||||
cash and cash equivalents | |||||||||||||||
cash | -28,000 | 90,000 | -23,000 | 111,000 | 6,000 | -1,362,000 | -1,233,000 | 389,898 | 1,152,677 | -213,220 | 372,223 | 475,417 | 270,879 | -27,243 | 251,369 |
overdraft | 66,000 | -200,000 | 300,000 | -1,534,000 | 1,436,000 | 98,000 | |||||||||
change in cash | -94,000 | 290,000 | -323,000 | 1,645,000 | -1,430,000 | -1,460,000 | -1,233,000 | 389,898 | 1,152,677 | -213,220 | 372,223 | 475,417 | 270,879 | -27,243 | 251,369 |
Perform a competitor analysis for bridge technology partners limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in M50 area or any other competitors across 12 key performance metrics.
BRIDGE TECHNOLOGY PARTNERS LIMITED group structure
Bridge Technology Partners Limited has no subsidiary companies.
Ultimate parent company
MERCURY BIDCO GLOBE LTD
#0174048
2 parents
BRIDGE TECHNOLOGY PARTNERS LIMITED
04403730
Bridge Technology Partners Limited currently has 3 directors. The longest serving directors include Mr Paul Gilmour (Aug 2017) and Mr Gerard Mason (Aug 2017).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Paul Gilmour | United Kingdom | 60 years | Aug 2017 | - | Director |
Mr Gerard Mason | United Kingdom | 61 years | Aug 2017 | - | Director |
Mr Adrian Adair | England | 45 years | Jan 2019 | - | Director |
P&L
December 2023turnover
43.1m
-4%
operating profit
1.9m
-19%
gross margin
11.3%
-10.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
6.1m
+0.3%
total assets
11.9m
+0.11%
cash
233k
-0.11%
net assets
Total assets minus all liabilities
company number
04403730
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
78300 - Other human resources provision
incorporation date
March 2002
age
23
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
the bridge (it recruitment) limited (April 2024)
smart recruitment solutions (north west) limited (June 2003)
accountant
-
auditor
DELOITTE LLP
address
adamson house centenary way, salford, M50 1RD
Bank
BARCLAYS BANK PLC, BARCLAYS BANK PLC
Legal Advisor
BEYOND CORPORATE LIMITED
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 6 charges/mortgages relating to bridge technology partners limited. Currently there are 1 open charges and 5 have been satisfied in the past.
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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