blackhorse ventures ltd

blackhorse ventures ltd Company Information

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Company Number

04846507

Industry

Buying and selling of own real estate

 

Shareholders

a.s. sumal family settlement

i. sumal family settlement

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Group Structure

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Contact

Registered Address

unit 2 32-34 station close, potters bar, EN6 1TL

Website

-

blackhorse ventures ltd Estimated Valuation

£681.9k

Pomanda estimates the enterprise value of BLACKHORSE VENTURES LTD at £681.9k based on a Turnover of £355.2k and 1.92x industry multiple (adjusted for size and gross margin).

blackhorse ventures ltd Estimated Valuation

£31.2k

Pomanda estimates the enterprise value of BLACKHORSE VENTURES LTD at £31.2k based on an EBITDA of £7.1k and a 4.38x industry multiple (adjusted for size and gross margin).

blackhorse ventures ltd Estimated Valuation

£3m

Pomanda estimates the enterprise value of BLACKHORSE VENTURES LTD at £3m based on Net Assets of £1.8m and 1.61x industry multiple (adjusted for liquidity).

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Blackhorse Ventures Ltd Overview

Blackhorse Ventures Ltd is a live company located in potters bar, EN6 1TL with a Companies House number of 04846507. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in July 2003, it's largest shareholder is a.s. sumal family settlement with a 25% stake. Blackhorse Ventures Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £355.2k with healthy growth in recent years.

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Blackhorse Ventures Ltd Health Check

Pomanda's financial health check has awarded Blackhorse Ventures Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £355.2k, make it smaller than the average company (£866.7k)

£355.2k - Blackhorse Ventures Ltd

£866.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (2.5%)

14% - Blackhorse Ventures Ltd

2.5% - Industry AVG

production

Production

with a gross margin of 26.7%, this company has a higher cost of product (69.2%)

26.7% - Blackhorse Ventures Ltd

69.2% - Industry AVG

profitability

Profitability

an operating margin of 2% make it less profitable than the average company (26.2%)

2% - Blackhorse Ventures Ltd

26.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Blackhorse Ventures Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.4k, the company has an equivalent pay structure (£35.4k)

£35.4k - Blackhorse Ventures Ltd

£35.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £355.2k, this is more efficient (£190.2k)

£355.2k - Blackhorse Ventures Ltd

£190.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 69 days, this is later than average (25 days)

69 days - Blackhorse Ventures Ltd

25 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Blackhorse Ventures Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Blackhorse Ventures Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Blackhorse Ventures Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 28.4%, this is a lower level of debt than the average (64.2%)

28.4% - Blackhorse Ventures Ltd

64.2% - Industry AVG

BLACKHORSE VENTURES LTD financials

EXPORTms excel logo

Blackhorse Ventures Ltd's latest turnover from July 2023 is estimated at £355.2 thousand and the company has net assets of £1.8 million. According to their latest financial statements, we estimate that Blackhorse Ventures Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Turnover355,233309,864244,793241,2197,668833715185,3351,6649191,4632,0151,6536,8300
Other Income Or Grants000000000000000
Cost Of Sales260,469225,772184,369191,3315,762622537137,8021,2617211,1611,5881,3245,6060
Gross Profit94,76484,09160,42449,8871,90621117847,5334031993024273291,2250
Admin Expenses87,64074,705-1,182,393-1,499,564-5,653-3,171-732,086641,23027,093-748,190-2,806588,988-7,401-42,573-182,219
Operating Profit7,1249,3861,242,8171,549,4517,5593,382732,264-593,697-26,690748,3893,108-588,5617,73043,798182,219
Interest Payable000000000000000
Interest Receivable00000175428823923523729428320663
Pre-Tax Profit7,1249,3861,242,8171,549,4516,2333,557732,306-593,609-26,451748,6243,345-588,2678,01444,004182,282
Tax-1,781-1,783-236,135-294,3960-676-139,13800-157,211-7690-2,084-12,321-51,039
Profit After Tax5,3437,6031,006,6821,255,0556,2332,881593,168-593,609-26,451591,4132,576-588,2675,93031,683131,243
Dividends Paid000000000000000
Retained Profit5,3437,6031,006,6821,255,0556,2332,881593,168-593,609-26,451591,4132,576-588,2675,93031,683131,243
Employee Costs35,39536,68535,87137,60838,66937,76734,79236,80035,03336,55435,22133,38033,59235,1850
Number Of Employees111111111111110
EBITDA*7,1249,3861,242,8171,549,4517,5593,382732,264-593,697-26,690748,3893,108-588,5617,73043,798182,219

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Tangible Assets2,500,0002,500,0002,500,0001,500,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000843,767
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets2,500,0002,500,0002,500,0001,500,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000843,767
Stock & work in progress000000000000000
Trade Debtors67,57862,23554,63247,95042,6400033,1850000000
Group Debtors000000000000000
Misc Debtors000000000000000
Cash0000036,40733,526035,04760,41833,41261,50556,15257,10025,294
misc current assets000000000000000
total current assets67,57862,23554,63247,95042,64036,40733,52633,18535,04760,41833,41261,50556,15257,10025,294
total assets2,567,5782,562,2352,554,6321,547,950292,640286,407283,526283,185285,047310,418283,412311,505306,152307,100869,061
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 0000084084001,9208401,4802,1492,2969,1749,051
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities0000084084001,9208401,4802,1492,2969,1749,051
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income1,0951,0951,0951,0958400000000000
other liabilities728,667728,667728,667728,667728,667728,667728,667728,667728,667728,667698,667728,667728,667728,667728,667
provisions000000000000000
total long term liabilities729,762729,762729,762729,762729,507728,667728,667728,667728,667728,667698,667728,667728,667728,667728,667
total liabilities729,762729,762729,762729,762729,507729,507729,507728,667730,587729,507700,147730,816730,963737,841737,718
net assets1,837,8161,832,4731,824,870818,188-436,867-443,100-445,981-445,482-445,540-419,089-416,735-419,311-424,811-430,741131,343
total shareholders funds1,837,8161,832,4731,824,870818,188-436,867-443,100-445,981-445,482-445,540-419,089-416,735-419,311-424,811-430,741131,343
Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Operating Activities
Operating Profit7,1249,3861,242,8171,549,4517,5593,382732,264-593,697-26,690748,3893,108-588,5617,73043,798182,219
Depreciation000000000000000
Amortisation000000000000000
Tax-1,781-1,783-236,135-294,3960-676-139,13800-157,211-7690-2,084-12,321-51,039
Stock000000000000000
Debtors5,3437,6036,6825,31042,6400-33,18533,1850000000
Creditors0000-8400840-1,9201,080-640-669-147-6,8781239,051
Accruals and Deferred Income0002558400000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations001,000,0001,250,000-35,0812,706627,151-628,802-25,610590,5381,670-588,708-1,23231,600140,231
Investing Activities
capital expenditure00-1,000,000-1,250,000000000000593,767-843,767
Change in Investments000000000000000
cash flow from investments00-1,000,000-1,250,000000000000593,767-843,767
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities00000000030,000-30,000000728,667
share issue000000-593,667593,6670-593,7670593,7670-593,767100
interest00000175428823923523729428320663
cash flow from financing00000175-593,625593,755239-563,532-29,763594,061283-593,561728,830
cash and cash equivalents
cash0000-36,4072,88133,526-35,047-25,37127,006-28,0935,353-94831,80625,294
overdraft000000000000000
change in cash0000-36,4072,88133,526-35,047-25,37127,006-28,0935,353-94831,80625,294

blackhorse ventures ltd 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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Blackhorse Ventures Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for blackhorse ventures ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in EN6 area or any other competitors across 12 key performance metrics.

blackhorse ventures ltd Ownership

BLACKHORSE VENTURES LTD group structure

Blackhorse Ventures Ltd has no subsidiary companies.

Ultimate parent company

BLACKHORSE VENTURES LTD

04846507

BLACKHORSE VENTURES LTD Shareholders

a.s. sumal family settlement 25%
i. sumal family settlement 15%
r. sumal family settlement 15%
daljinder s. sumal family settlement 15%
d.s. sumal family settlement 15%
s.s. sumal family settlement 15%

blackhorse ventures ltd directors

Blackhorse Ventures Ltd currently has 2 directors. The longest serving directors include Mr Ajmer Sumal (Jul 2003) and Mr Daljinder Sumal (Jul 2003).

officercountryagestartendrole
Mr Ajmer SumalEngland53 years Jul 2003- Director
Mr Daljinder SumalEngland53 years Jul 2003- Director

P&L

July 2023

turnover

355.2k

+15%

operating profit

7.1k

0%

gross margin

26.7%

-1.7%

turnover

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

Balance Sheet

July 2023

net assets

1.8m

0%

total assets

2.6m

0%

cash

0

0%

net assets

Total assets minus all liabilities

blackhorse ventures ltd company details

company number

04846507

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

July 2003

age

21

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

July 2023

previous names

blackhorse venture ltd (September 2003)

accountant

-

auditor

-

address

unit 2 32-34 station close, potters bar, EN6 1TL

Bank

-

Legal Advisor

-

blackhorse ventures 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 blackhorse ventures ltd.

blackhorse ventures ltd 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 BLACKHORSE VENTURES LTD. This can take several minutes, an email will notify you when this has completed.

blackhorse ventures ltd Companies House Filings - See Documents

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