Bankfield Direct Limited

POWER SEARCH PRICING

SOLUTIONS

bankfield direct limited Company Information

Live

MatureMicroDeclining

Company Number

04839499

Website

Registered Address

somerby house, 30 nelson street, leicester, leicestershire, LE1 7BA

Industry

Other business support service activities n.e.c.

Telephone

Next Accounts Due

December 2024

Group Structure

View All

Directors

Narendra Naik21 Years

Shareholders

narendra kumar ghelabhai naik 100%

bankfield direct limited Estimated Valuation

£37.1k

Pomanda estimates the enterprise value of BANKFIELD DIRECT LIMITED at £37.1k based on a Turnover of £66.2k and 0.56x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Bankfield Direct Limited is a live company located in leicestershire, LE1 7BA with a Companies House number of 04839499. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2003, it's largest shareholder is narendra kumar ghelabhai naik with a 100% stake. Bankfield Direct Limited is a mature, micro sized company, Pomanda has estimated its turnover at £66.2k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Bankfield Direct Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs

Health Rating1out of 5

0 Strong

3 Regular

8 Weak

Size

annual sales of £66.2k, make it smaller than the average company (£3m)

Growth

3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (4%)

EXPORT

Bankfield Direct Limited's latest turnover from March 2023 is estimated at £66.2 thousand and the company has net assets of -£90.1 thousand. According to their latest financial statements, Bankfield Direct Limited has 1 employee and maintains cash reserves of £953 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	66,160	84,140	63,427	86,479	99,176	78,127	74,207	100,318	369,689	226,361	351,301	188,077	40,326	88,016
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	40,761	52,039	39,821	53,707	61,778	48,443	45,190	62,416	234,015	144,264	222,468	115,850	24,207	52,490
Gross Profit	25,399	32,101	23,606	32,772	37,398	29,684	29,017	37,901	135,674	82,097	128,834	72,227	16,119	35,526
Admin Expenses	37,415	44,556	40,336	38,280	42,879	38,074	28,093	74,697	152,821	81,626	112,919	66,511	11,621	30,906
Operating Profit	-12,016	-12,455	-16,730	-5,508	-5,481	-8,390	924	-36,796	-17,147	471	15,915	5,716	4,498	4,620
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	145	28	1	2	15	2	1	105	105	1	1	2	3	2
Pre-Tax Profit	-11,871	-12,427	-16,729	-5,506	-5,466	-8,388	925	-36,691	-17,042	471	15,916	5,718	4,501	4,622
Tax	0	0	0	0	0	0	-185	0	0	-108	-3,820	-1,487	-1,260	-1,294
Profit After Tax	-11,871	-12,427	-16,729	-5,506	-5,466	-8,388	740	-36,691	-17,042	363	12,096	4,231	3,241	3,328
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-11,871	-12,427	-16,729	-5,506	-5,466	-8,388	740	-36,691	-17,042	363	12,096	4,231	3,241	3,328
Employee Costs	43,671	41,605	40,000	39,552	38,368	36,245	35,522	35,668	106,833	70,659	104,367	69,403	34,251	35,300
Number Of Employees	1	1	1	1	1	1	1	1	3	2	3	2	1	1
EBITDA*	-12,016	-12,455	-16,730	-5,508	-5,481	-8,390	924	-36,796	-17,147	471	15,915	5,716	4,498	4,620

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	6,155	6,155	6,379	6,156	9,000	10,025	9,251	0	34,407	36,325	51,287	27,748	7,357	13,001
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	35,076	34,531	34,230	34,080	34,231	34,115	34,070	48,933	0	0	0	0	0	0
Cash	953	5,889	1,573	613	3,916	90	594	318	41,790	147	123	230	474	814
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	42,184	46,575	42,182	40,849	47,147	44,230	43,915	49,251	76,197	36,472	51,410	27,978	7,831	13,815
total assets	42,184	46,575	42,182	40,849	47,147	44,230	43,915	49,251	76,197	36,472	51,410	27,978	7,831	13,815
Bank overdraft	0	0	0	0	0	0	0	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	480	0	1,680	0	0	2,779	2,568	10,760	69,979	13,212	28,513	17,177	1,261	10,486
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	131,824	124,824	106,324	89,942	90,734	79,572	71,080	68,964	0	0	0	0	0	0
total current liabilities	132,304	124,824	108,004	89,942	90,734	82,351	73,648	79,724	69,979	13,212	28,513	17,177	1,261	10,486
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	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total liabilities	132,304	124,824	108,004	89,942	90,734	82,351	73,648	79,724	69,979	13,212	28,513	17,177	1,261	10,486
net assets	-90,120	-78,249	-65,822	-49,093	-43,587	-38,121	-29,733	-30,473	6,218	23,260	22,897	10,801	6,570	3,329
total shareholders funds	-90,120	-78,249	-65,822	-49,093	-43,587	-38,121	-29,733	-30,473	6,218	23,260	22,897	10,801	6,570	3,329

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	-12,016	-12,455	-16,730	-5,508	-5,481	-8,390	924	-36,796	-17,147	471	15,915	5,716	4,498	4,620
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	0	0	0	0	-185	0	0	-108	-3,820	-1,487	-1,260	-1,294
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	545	77	373	-2,995	-909	819	-5,612	14,526	-1,918	-14,962	23,539	20,391	-5,644	13,001
Creditors	480	-1,680	1,680	0	-2,779	211	-8,192	-59,219	56,767	-15,301	11,336	15,916	-9,225	10,486
Accruals and Deferred Income	7,000	18,500	16,382	-792	11,162	8,492	2,116	68,964	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-5,081	4,288	959	-3,305	3,811	-506	275	-41,577	41,538	24	-108	-246	-343	811
Investing Activities
capital expenditure	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
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	0	0	0	0	0	0	0	0	0	0	0	0	0	1
interest	145	28	1	2	15	2	1	105	105	1	1	2	3	2
cash flow from financing	145	28	1	2	15	2	1	105	105	1	1	2	3	3
cash and cash equivalents
cash	-4,936	4,316	960	-3,303	3,826	-504	276	-41,472	41,643	24	-107	-244	-340	814
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-4,936	4,316	960	-3,303	3,826	-504	276	-41,472	41,643	24	-107	-244	-340	814

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for bankfield direct limited. Get real-time insights into bankfield direct limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for bankfield direct limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in LE1 area or any other competitors across 12 key performance metrics.

BANKFIELD DIRECT LIMITED group structure

Bankfield Direct Limited has no subsidiary companies.

Ultimate parent company

BANKFIELD DIRECT LIMITED

04839499

BANKFIELD DIRECT LIMITED Shareholders

narendra kumar ghelabhai naik

100%

Bankfield Direct Limited currently has 1 director, Mr Narendra Naik serving since Jul 2003.

officer	country	age	start	end	role
Mr Narendra Naik	England	71 years	Jul 2003	-	Director

P&L

March 2023

turnover

66.2k

-21%

operating profit

-12k

gross margin

38.4%

+0.62%

turnover

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

Balance Sheet

March 2023

net assets

-90.1k

+0.15%

total assets

42.2k

-0.09%

cash

953

-0.84%

net assets

Total assets minus all liabilities

Similar Companies

bluehouse regeneration limited

1.5

msb systems limited

bt ogungbeje enterprise limited

cleke limited

crocker software consulting limited

company number

04839499

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

July 2003

ultimate parent company

None

previous names

N/A

address

somerby house, 30 nelson street, leicester, leicestershire, LE1 7BA

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 bankfield direct limited.

bankfield direct limited Company Information

bankfield direct limited Estimated Valuation

bankfield direct limited Estimated Valuation

bankfield direct limited Estimated Valuation

Bankfield Direct Limited Overview

Bankfield Direct Limited Health Check

BANKFIELD DIRECT LIMITED financials

bankfield direct limited Credit Report and Business Information

Bankfield Direct Limited Competitor Analysis

bankfield direct limited Ownership

bankfield direct limited directors

bankfield direct limited company details

bankfield direct limited Charges & Mortgages

bankfield direct limited Companies House Filings - See Documents