Pomanda estimates the enterprise value of BALLOON EXPRESS (WESSEX) LIMITED at £26.2k based on a Turnover of £66.4k and 0.39x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of BALLOON EXPRESS (WESSEX) LIMITED at £0 based on an EBITDA of £-1.3k and a 2.88x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of BALLOON EXPRESS (WESSEX) LIMITED at £356 based on Net Assets of £167 and 2.13x industry multiple (adjusted for liquidity).
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Balloon Express (wessex) LimitedOverview
Balloon Express (wessex) Limited is a dissolved company that was located in southampton, SO16 7JQ with a Companies House number of 04444189. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 2002, it's largest shareholder was
kenneth edward nichols
with a 50% stake. The last turnover for Balloon Express (wessex) Limited was estimated at £66.4k.
Pomanda's financial health check has awarded Balloon Express (Wessex) Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
2 Regular
7 Weak
Size
annual sales of £66.4k, make it smaller than the average company (£2.3m)
£66.4k - Balloon Express (wessex) Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (4.7%)
4% - Balloon Express (wessex) Limited
4.7% - Industry AVG
Production
with a gross margin of 17%, this company has a higher cost of product (37.6%)
17% - Balloon Express (wessex) Limited
37.6% - Industry AVG
Profitability
an operating margin of -1.9% make it less profitable than the average company (5.5%)
-1.9% - Balloon Express (wessex) Limited
5.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (20)
2 - Balloon Express (wessex) Limited
20 - Industry AVG
Pay Structure
on an average salary of £41.3k, the company has an equivalent pay structure (£41.3k)
£41.3k - Balloon Express (wessex) Limited
£41.3k - Industry AVG
Efficiency
resulting in sales per employee of £33.2k, this is less efficient (£134.9k)
£33.2k - Balloon Express (wessex) Limited
£134.9k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is later than average (43 days)
55 days - Balloon Express (wessex) Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 69 days, this is slower than average (34 days)
69 days - Balloon Express (wessex) Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Balloon Express (wessex) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Balloon Express (wessex) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.4%, this is a higher level of debt than the average (64.9%)
98.4% - Balloon Express (wessex) Limited
64.9% - Industry AVG
BALLOON EXPRESS (WESSEX) LIMITED financials
EXPORT
Balloon Express (Wessex) Limited's latest turnover from August 2019 is estimated at £66.4 thousand and the company has net assets of £167. According to their latest financial statements, Balloon Express (Wessex) Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Turnover
66,392
89,935
57,253
58,881
28,341
18,323
23,975
10,403
22,558
19,562
Other Income Or Grants
Cost Of Sales
55,098
74,577
47,310
48,553
23,587
15,324
19,958
8,575
18,414
15,708
Gross Profit
11,294
15,358
9,943
10,327
4,754
2,999
4,017
1,827
4,144
3,855
Admin Expenses
12,553
13,696
9,952
10,707
4,245
3,779
4,797
-20,008
13,113
10,189
-252
Operating Profit
-1,259
1,662
-9
-380
509
-780
-780
21,835
-8,969
-6,334
252
Interest Payable
Interest Receivable
22
11
8
20
21
32
24
10
12
4
Pre-Tax Profit
-1,259
1,684
2
-372
529
-759
-748
21,859
-8,959
-6,322
256
Tax
-320
-106
-5,246
-72
Profit After Tax
-1,259
1,364
2
-372
423
-759
-748
16,613
-8,959
-6,322
184
Dividends Paid
Retained Profit
-1,259
1,364
2
-372
423
-759
-748
16,613
-8,959
-6,322
184
Employee Costs
82,640
78,346
75,951
76,302
37,714
37,617
36,819
36,785
35,979
35,300
Number Of Employees
2
2
2
2
1
1
1
1
1
1
EBITDA*
-1,259
1,662
-7
-115
775
-512
-386
25,887
-4,914
-2,275
4,191
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Tangible Assets
539
6
8
273
539
807
152
4,204
8,260
11,819
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
539
6
8
273
539
807
152
4,204
8,260
11,819
Stock & work in progress
2,035
2,050
2,021
2,180
2,020
1,916
2,222
2,560
2,686
Trade Debtors
10,058
20,650
5,879
2,611
4,223
63
63
64
50
Group Debtors
Misc Debtors
1,932
2,479
Cash
5,825
2,987
3,711
4,197
4,366
8,540
978
3,210
1,461
misc current assets
total current assets
10,058
20,650
9,792
7,516
11,611
8,988
10,609
10,519
3,263
5,834
4,197
total assets
10,597
20,650
9,798
7,524
11,884
9,527
11,416
10,671
7,467
14,094
16,016
Bank overdraft
Bank loan
Trade Creditors
10,430
19,224
404
464
11,297
9,310
10,548
9,055
21,665
20,132
15,732
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
9,232
6,900
total current liabilities
10,430
19,224
9,636
7,364
11,297
9,310
10,548
9,055
21,665
20,132
15,732
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
225
provisions
55
108
574
total long term liabilities
55
108
799
total liabilities
10,430
19,224
9,636
7,364
11,352
9,418
10,548
9,055
22,464
20,132
15,732
net assets
167
1,426
162
160
532
109
868
1,616
-14,997
-6,038
284
total shareholders funds
167
1,426
162
160
532
109
868
1,616
-14,997
-6,038
284
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Operating Activities
Operating Profit
-1,259
1,662
-9
-380
509
-780
-780
21,835
-8,969
-6,334
252
Depreciation
2
265
266
268
394
4,052
4,055
4,059
3,939
Amortisation
Tax
-320
-106
-5,246
-72
Stock
-2,035
-15
29
-159
160
104
-306
-338
-126
2,686
Debtors
-10,592
18,718
-547
-3,400
3,268
-1,612
4,160
-1
14
50
Creditors
-8,794
18,820
-60
-10,833
1,987
-1,238
1,493
-12,610
1,533
4,400
15,732
Accruals and Deferred Income
-9,232
2,332
6,900
Deferred Taxes & Provisions
-55
-53
108
-574
574
Cash flow from operations
539
-5,753
2,827
-732
-506
-190
-3,157
7,763
-2,468
2,237
17,115
Investing Activities
capital expenditure
-539
6
-1,049
1
-500
-15,758
Change in Investments
cash flow from investments
-539
6
-1,049
1
-500
-15,758
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-225
225
share issue
-100
100
interest
22
11
8
20
21
32
24
10
12
4
cash flow from financing
-78
11
8
20
21
32
-201
235
12
104
cash and cash equivalents
cash
-5,825
2,838
-724
-486
-169
-4,174
7,562
-2,232
1,749
1,461
overdraft
change in cash
-5,825
2,838
-724
-486
-169
-4,174
7,562
-2,232
1,749
1,461
balloon express (wessex) limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for balloon express (wessex) limited. Get real-time insights into balloon express (wessex) limited's credit score, group structure and payment trends.
Perform a competitor analysis for balloon express (wessex) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in SO16 area or any other competitors across 12 key performance metrics.
balloon express (wessex) limited Ownership
BALLOON EXPRESS (WESSEX) LIMITED group structure
Balloon Express (Wessex) Limited has no subsidiary companies.
Ultimate parent company
BALLOON EXPRESS (WESSEX) LIMITED
04444189
BALLOON EXPRESS (WESSEX) LIMITED Shareholders
The largest shareholders in Balloon Express (Wessex) Limited include Kenneth Edward Nichols and Candida Anne Nichols.
kenneth edward nichols
50%
candida anne nichols
50%
balloon express (wessex) limited directors
Balloon Express (Wessex) Limited currently has 1 director, Ms Candida Nichols serving since May 2002.
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 balloon express (wessex) limited.
balloon express (wessex) 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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balloon express (wessex) limitedCompanies House Filings - See Documents
