bowbridge garage limited

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bowbridge garage limited Company Information

Share BOWBRIDGE GARAGE LIMITED

Company Number

04430416

Shareholders

richard michael eaton

victoria ellen eaton

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Group Structure

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Industry

Maintenance and repair of motor vehicles

 

Registered Address

vicarage corner house, 219, burton road, derby, DE23 6AE

Website

-

bowbridge garage limited Estimated Valuation

£25.2k

Pomanda estimates the enterprise value of BOWBRIDGE GARAGE LIMITED at £25.2k based on a Turnover of £124.5k and 0.2x industry multiple (adjusted for size and gross margin).

bowbridge garage limited Estimated Valuation

£49.3k

Pomanda estimates the enterprise value of BOWBRIDGE GARAGE LIMITED at £49.3k based on an EBITDA of £16.3k and a 3.03x industry multiple (adjusted for size and gross margin).

bowbridge garage limited Estimated Valuation

£45.9k

Pomanda estimates the enterprise value of BOWBRIDGE GARAGE LIMITED at £45.9k based on Net Assets of £16.2k and 2.84x industry multiple (adjusted for liquidity).

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Bowbridge Garage Limited Overview

Bowbridge Garage Limited is a live company located in derby, DE23 6AE with a Companies House number of 04430416. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in May 2002, it's largest shareholder is richard michael eaton with a 46.7% stake. Bowbridge Garage Limited is a mature, micro sized company, Pomanda has estimated its turnover at £124.5k with declining growth in recent years.

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Bowbridge Garage Limited Health Check

Pomanda's financial health check has awarded Bowbridge Garage Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £124.5k, make it smaller than the average company (£312.8k)

£124.5k - Bowbridge Garage Limited

£312.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (13.8%)

-6% - Bowbridge Garage Limited

13.8% - Industry AVG

production

Production

with a gross margin of 22.1%, this company has a higher cost of product (35%)

22.1% - Bowbridge Garage Limited

35% - Industry AVG

profitability

Profitability

an operating margin of 9.7% make it more profitable than the average company (5.9%)

9.7% - Bowbridge Garage Limited

5.9% - Industry AVG

employees

Employees

with 5 employees, this is similar to the industry average (5)

5 - Bowbridge Garage Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.8k, the company has an equivalent pay structure (£29.8k)

£29.8k - Bowbridge Garage Limited

£29.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £24.9k, this is less efficient (£95.6k)

£24.9k - Bowbridge Garage Limited

£95.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 5 days, this is earlier than average (34 days)

5 days - Bowbridge Garage Limited

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 162 days, this is slower than average (41 days)

162 days - Bowbridge Garage Limited

41 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 1 days, this is less than average (24 days)

1 days - Bowbridge Garage Limited

24 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (14 weeks)

6 weeks - Bowbridge Garage Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 72.8%, this is a similar level of debt than the average (67.2%)

72.8% - Bowbridge Garage Limited

67.2% - Industry AVG

BOWBRIDGE GARAGE LIMITED financials

EXPORTms excel logo

Bowbridge Garage Limited's latest turnover from May 2024 is estimated at £124.5 thousand and the company has net assets of £16.2 thousand. According to their latest financial statements, Bowbridge Garage Limited has 5 employees and maintains cash reserves of £5.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover124,502135,095171,397148,062200,895204,899204,014280,157226,382224,069229,89659,52555,79057,94451,069
Other Income Or Grants
Cost Of Sales96,957105,803135,949117,144153,059156,918151,699205,588162,603163,253164,95042,53939,56640,06035,400
Gross Profit27,54529,29335,44830,91847,83647,98252,31574,56963,78060,81564,94616,98616,22417,88415,670
Admin Expenses15,52617,59237,44930,96847,79948,99550,66974,43464,75263,67564,2231,47414,25518,40525,877
Operating Profit12,01911,701-2,001-5037-1,0131,646135-972-2,86072315,5121,969-521-10,207
Interest Payable
Interest Receivable17967711592212171218293318
Pre-Tax Profit12,19711,768-1,930-3546-1,0111,647137-960-2,84373515,5301,999-488-10,189
Tax-3,049-2,942-9-313-26-154-3,572-480
Profit After Tax9,1488,826-1,930-3537-1,0111,334111-960-2,84358111,9581,519-488-10,189
Dividends Paid
Retained Profit9,1488,826-1,930-3537-1,0111,334111-960-2,84358111,9581,519-488-10,189
Employee Costs148,772134,269136,179127,170137,991145,305112,922137,08653,23253,16053,38826,66824,91124,02824,395
Number Of Employees555555452221111
EBITDA*16,29314,9061,8134,5614,8604,8941,6461352,2565192,77617,7862,150-279-9,885

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets9,7836,7168,72111,33512,17615,79911,90723,3846,6848,7123,3104,163542723965
Intangible Assets9,60010,80012,00013,20014,40015,60016,80019,20020,40021,60022,80024,00024,00024,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets19,38317,51620,72124,53526,57631,39928,70723,38425,88429,11224,91026,96324,54224,72324,965
Stock & work in progress5154703953503753,9371,1391,1711,4491,508
Trade Debtors1,9522,06424,74015,90428,29531,61541,41949,99048,79045,64345,3442,4711,6191,869904
Group Debtors
Misc Debtors32,23338,22610,574
Cash5,3201,4801,48012,79617,5082541931,4443,1973,5131,4025,7396,0197,115
misc current assets
total current assets40,02042,24026,61529,05046,17835,80642,75149,99051,40550,28950,36514,4477,3587,8888,019
total assets59,40359,75647,33653,58572,75467,20571,45873,37477,28979,40175,27541,41031,90032,61132,984
Bank overdraft
Bank loan
Trade Creditors 43,22552,72649,13253,45172,58567,07370,31573,68577,59178,74371,77438,49037,50037,91834,973
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities43,22552,72649,13253,45172,58567,07370,31573,68577,59178,74371,77438,49037,50037,91834,973
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities3,4385,2508,080
provisions
total long term liabilities3,4385,2508,080
total liabilities43,22552,72649,13253,45172,58567,07370,31573,68577,59178,74371,77438,49040,93843,16843,053
net assets16,1787,030-1,7961341691321,143-311-3026583,5012,920-9,038-10,557-10,069
total shareholders funds16,1787,030-1,7961341691321,143-311-3026583,5012,920-9,038-10,557-10,069
May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit12,01911,701-2,001-5037-1,0131,646135-972-2,86072315,5121,969-521-10,207
Depreciation3,0742,0052,6143,4113,6234,7072,0282,1798531,074181242322
Amortisation1,2001,2001,2001,2001,2001,2001,2001,2001,2001,200
Tax-3,049-2,942-9-313-26-154-3,572-480
Stock457545-25-3,5622,7981,139-1,171-278-591,508
Debtors-6,10515,5508,836-12,391-3,320-9,804-8,5711,2003,14729932,29911,426-250965904
Creditors-9,5013,594-4,319-19,1345,512-3,242-3,370-3,906-1,1526,96933,284990-4182,94534,973
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations9,803-67-11,387-2,15717,2458,6585,395-3,826-1,7657,2482,0993,7781,5021,70124,184
Investing Activities
capital expenditure-6,141-2,570-8,599-5,3232,500-7,581-4,695-25,287
Change in Investments
cash flow from investments-6,141-2,570-8,599-5,3232,500-7,581-4,695-25,287
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-3,438-1,812-2,8308,080
share issue120-120120
interest17967711592212171218293318
cash flow from financing17967711592120-118121712-3,420-1,783-2,7978,218
cash and cash equivalents
cash3,840-11,316-4,71217,25461193-1,444-1,753-3162,111-4,337-280-1,0967,115
overdraft
change in cash3,840-11,316-4,71217,25461193-1,444-1,753-3162,111-4,337-280-1,0967,115

bowbridge garage limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Bowbridge Garage Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for bowbridge garage limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in DE23 area or any other competitors across 12 key performance metrics.

bowbridge garage limited Ownership

BOWBRIDGE GARAGE LIMITED group structure

Bowbridge Garage Limited has no subsidiary companies.

Ultimate parent company

BOWBRIDGE GARAGE LIMITED

04430416

BOWBRIDGE GARAGE LIMITED Shareholders

richard michael eaton 46.67%
victoria ellen eaton 33.33%
richard eaton 10%
victoria eaton 10%

bowbridge garage limited directors

Bowbridge Garage Limited currently has 2 directors. The longest serving directors include Mr Richard Eaton (Jul 2007) and Mrs Victoria Eaton (May 2010).

officercountryagestartendrole
Mr Richard EatonEngland47 years Jul 2007- Director
Mrs Victoria EatonEngland46 years May 2010- Director

P&L

May 2024

turnover

124.5k

-8%

operating profit

12k

0%

gross margin

22.2%

+2.03%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

May 2024

net assets

16.2k

+1.3%

total assets

59.4k

-0.01%

cash

5.3k

+2.59%

net assets

Total assets minus all liabilities

bowbridge garage limited company details

company number

04430416

Type

Private limited with Share Capital

industry

45200 - Maintenance and repair of motor vehicles

incorporation date

May 2002

age

23

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

May 2024

previous names

N/A

accountant

-

auditor

-

address

vicarage corner house, 219, burton road, derby, DE23 6AE

Bank

HSBC BANK PLC

Legal Advisor

-

bowbridge garage 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 1 charges/mortgages relating to bowbridge garage limited. Currently there are 1 open charges and 0 have been satisfied in the past.

bowbridge garage 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.

Click to start generating capital raising & share issue transactions for BOWBRIDGE GARAGE LIMITED. This can take several minutes, an email will notify you when this has completed.

bowbridge garage limited Companies House Filings - See Documents

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