buying time ltd Company Information
Company Number
04763389
Website
www.buyingtime.co.ukRegistered Address
1, the court yard, parsonage stocks, faversham, kent, ME13 0ET
Industry
Public relations and communication activities
Telephone
441962600235
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
j. hancox & j. hancox 100%
buying time ltd Estimated Valuation
Pomanda estimates the enterprise value of BUYING TIME LTD at £1.4m based on a Turnover of £1.7m and 0.81x industry multiple (adjusted for size and gross margin).
buying time ltd Estimated Valuation
Pomanda estimates the enterprise value of BUYING TIME LTD at £2.7m based on an EBITDA of £532.5k and a 4.99x industry multiple (adjusted for size and gross margin).
buying time ltd Estimated Valuation
Pomanda estimates the enterprise value of BUYING TIME LTD at £3.6m based on Net Assets of £1.4m and 2.66x industry multiple (adjusted for liquidity).
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Buying Time Ltd Overview
Buying Time Ltd is a live company located in faversham, ME13 0ET with a Companies House number of 04763389. It operates in the public relations and communications activities sector, SIC Code 70210. Founded in May 2003, it's largest shareholder is j. hancox & j. hancox with a 100% stake. Buying Time Ltd is a mature, small sized company, Pomanda has estimated its turnover at £1.7m with low growth in recent years.
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Buying Time Ltd Health Check
Pomanda's financial health check has awarded Buying Time Ltd a 4.5 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
4 Strong
2 Regular
5 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£2.9m)
- Buying Time Ltd
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (5.3%)
- Buying Time Ltd
5.3% - Industry AVG
Production
with a gross margin of 64.4%, this company has a comparable cost of product (64.4%)
- Buying Time Ltd
64.4% - Industry AVG
Profitability
an operating margin of 31.8% make it more profitable than the average company (9.9%)
- Buying Time Ltd
9.9% - Industry AVG
Employees
with 20 employees, this is below the industry average (25)
20 - Buying Time Ltd
25 - Industry AVG
Pay Structure
on an average salary of £59.4k, the company has an equivalent pay structure (£59.4k)
- Buying Time Ltd
£59.4k - Industry AVG
Efficiency
resulting in sales per employee of £83.8k, this is less efficient (£130.7k)
- Buying Time Ltd
£130.7k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is earlier than average (66 days)
- Buying Time Ltd
66 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (37 days)
- Buying Time Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Buying Time Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 175 weeks, this is more cash available to meet short term requirements (32 weeks)
175 weeks - Buying Time Ltd
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.1%, this is a lower level of debt than the average (61%)
22.1% - Buying Time Ltd
61% - Industry AVG
BUYING TIME LTD financials
Buying Time Ltd's latest turnover from May 2023 is estimated at £1.7 million and the company has net assets of £1.4 million. According to their latest financial statements, Buying Time Ltd has 20 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 20 | 19 | 20 | 22 | 20 | 23 | 21 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 96,946 | 38,576 | 32,599 | 50,366 | 57,801 | 62,490 | 33,838 | 39,170 | 30,116 | 30,603 | 11,448 | 10,339 | 4,372 | 5,515 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 21,169 | 20,931 | 34,417 | 23,807 | 30,220 | 43,476 | 42,528 | 28,879 | 18,940 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 118,115 | 59,507 | 67,016 | 74,173 | 88,021 | 105,966 | 76,366 | 68,049 | 49,056 | 30,603 | 11,448 | 10,339 | 4,372 | 5,515 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 224,607 | 399,861 | 244,301 | 158,673 | 244,049 | 155,945 | 113,780 | 159,617 | 148,605 | 134,752 | 103,504 | 89,476 | 71,670 | 39,006 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 184,876 | 216,723 | 20,557 | 14,628 | 10,999 | 16,548 | 16,003 | 13,138 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 1,210,743 | 1,311,361 | 527,611 | 598,847 | 418,558 | 455,879 | 558,302 | 387,621 | 422,742 | 550,730 | 314,218 | 92,811 | 46,157 | 20,828 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,539 | 0 | 0 | 0 | 0 |
total current assets | 1,620,226 | 1,927,945 | 792,469 | 772,148 | 673,606 | 628,372 | 688,085 | 560,376 | 571,347 | 688,021 | 417,722 | 182,287 | 117,827 | 59,834 |
total assets | 1,738,341 | 1,987,452 | 859,485 | 846,321 | 761,627 | 734,338 | 764,451 | 628,425 | 620,403 | 718,624 | 429,170 | 192,626 | 122,199 | 65,349 |
Bank overdraft | 246 | 0 | 6,425 | 8 | 8,191 | 3,729 | 3,903 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 46,994 | 73,049 | 1,502 | 17,054 | 46,196 | 27,217 | 20,026 | 60,574 | 115,931 | 263,119 | 152,866 | 111,217 | 92,891 | 57,943 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 311,983 | 992,533 | 192,529 | 117,090 | 81,307 | 62,550 | 106,599 | 117,315 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 359,223 | 1,065,582 | 200,456 | 134,152 | 135,694 | 93,496 | 130,528 | 177,889 | 115,931 | 263,119 | 152,866 | 111,217 | 92,891 | 57,943 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 24,237 | 8,910 | 5,818 | 8,818 | 9,855 | 13,687 | 10,070 | 7,834 | 5,813 | 6,157 | 2,274 | 2,030 | 400 | 535 |
total long term liabilities | 24,237 | 8,910 | 5,818 | 8,818 | 9,855 | 13,687 | 10,070 | 7,834 | 5,813 | 6,157 | 2,274 | 2,030 | 400 | 535 |
total liabilities | 383,460 | 1,074,492 | 206,274 | 142,970 | 145,549 | 107,183 | 140,598 | 185,723 | 121,744 | 269,276 | 155,140 | 113,247 | 93,291 | 58,478 |
net assets | 1,354,881 | 912,960 | 653,211 | 703,351 | 616,078 | 627,155 | 623,853 | 442,702 | 498,659 | 449,348 | 274,030 | 79,379 | 28,908 | 6,871 |
total shareholders funds | 1,354,881 | 912,960 | 653,211 | 703,351 | 616,078 | 627,155 | 623,853 | 442,702 | 498,659 | 449,348 | 274,030 | 79,379 | 28,908 | 6,871 |
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 0 | 14,834 | 23,659 | 17,448 | 19,268 | 34,770 | 20,906 | 13,057 | 10,039 | 10,201 | 3,815 | 3,447 | 1,457 | 1,839 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -207,101 | 351,726 | 91,557 | -81,747 | 82,555 | 42,710 | -42,972 | 24,150 | 13,853 | 31,248 | 14,028 | 17,806 | 32,664 | 39,006 |
Creditors | -26,055 | 71,547 | -15,552 | -29,142 | 18,979 | 7,191 | -40,548 | -55,357 | -147,188 | 110,253 | 41,649 | 18,326 | 34,948 | 57,943 |
Accruals and Deferred Income | -680,550 | 800,004 | 75,439 | 35,783 | 18,757 | -44,049 | -10,716 | 117,315 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 15,327 | 3,092 | -3,000 | -1,037 | -3,832 | 3,617 | 2,236 | 2,021 | -344 | 3,883 | 244 | 1,630 | -135 | 535 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 238 | -13,486 | 10,610 | -6,413 | -13,256 | 948 | 13,649 | 9,939 | 18,940 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -100,618 | 783,750 | -71,236 | 180,289 | -37,321 | -102,423 | 170,681 | -35,121 | -127,988 | 236,512 | 221,407 | 46,654 | 25,329 | 20,828 |
overdraft | 246 | -6,425 | 6,417 | -8,183 | 4,462 | -174 | 3,903 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -100,864 | 790,175 | -77,653 | 188,472 | -41,783 | -102,249 | 166,778 | -35,121 | -127,988 | 236,512 | 221,407 | 46,654 | 25,329 | 20,828 |
buying time ltd Credit Report and Business Information
Buying Time Ltd Competitor Analysis
Perform a competitor analysis for buying time ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in ME13 area or any other competitors across 12 key performance metrics.
buying time ltd Ownership
BUYING TIME LTD group structure
Buying Time Ltd has no subsidiary companies.
Ultimate parent company
BUYING TIME LTD
04763389
buying time ltd directors
Buying Time Ltd currently has 2 directors. The longest serving directors include Mr James Hancox (May 2003) and Ms Julie Hancox (Apr 2005).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr James Hancox | 56 years | May 2003 | - | Director | |
Ms Julie Hancox | 54 years | Apr 2005 | - | Director |
P&L
May 2023turnover
1.7m
-24%
operating profit
532.5k
0%
gross margin
64.4%
-9.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
1.4m
+0.48%
total assets
1.7m
-0.13%
cash
1.2m
-0.08%
net assets
Total assets minus all liabilities
buying time ltd company details
company number
04763389
Type
Private limited with Share Capital
industry
70210 - Public relations and communication activities
incorporation date
May 2003
age
21
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
1, the court yard, parsonage stocks, faversham, kent, ME13 0ET
Bank
-
Legal Advisor
-
buying time ltd 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 did not find charges/mortgages relating to buying time ltd.
buying time ltd Companies House Filings - See Documents
date | description | view/download |
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