balens limited
balens limited Company Information
Company Number
04931050
Next Accounts
Sep 2025
Industry
Activities of insurance agents and brokers
Shareholders
pib group limited
Group Structure
View All
Contact
Registered Address
rossington's business park, west carr road, retford, nottinghamshire, DN22 7SW
Website
www.balens.co.ukbalens limited Estimated Valuation
Pomanda estimates the enterprise value of BALENS LIMITED at £5m based on a Turnover of £4.2m and 1.2x industry multiple (adjusted for size and gross margin).
balens limited Estimated Valuation
Pomanda estimates the enterprise value of BALENS LIMITED at £3.7m based on an EBITDA of £519.5k and a 7.18x industry multiple (adjusted for size and gross margin).
balens limited Estimated Valuation
Pomanda estimates the enterprise value of BALENS LIMITED at £3.8m based on Net Assets of £2.1m and 1.83x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Balens Limited Overview
Balens Limited is a live company located in retford, DN22 7SW with a Companies House number of 04931050. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in October 2003, it's largest shareholder is pib group limited with a 100% stake. Balens Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.2m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Balens Limited Health Check
Pomanda's financial health check has awarded Balens Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £4.2m, make it larger than the average company (£3m)
£4.2m - Balens Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (6.8%)
- Balens Limited
6.8% - Industry AVG
Production
with a gross margin of 96.6%, this company has a comparable cost of product (94.7%)
96.6% - Balens Limited
94.7% - Industry AVG
Profitability
an operating margin of 11.9% make it less profitable than the average company (18.7%)
11.9% - Balens Limited
18.7% - Industry AVG
Employees
with 70 employees, this is above the industry average (19)
70 - Balens Limited
19 - Industry AVG
Pay Structure
on an average salary of £52.7k, the company has an equivalent pay structure (£52.7k)
- Balens Limited
£52.7k - Industry AVG
Efficiency
resulting in sales per employee of £59.4k, this is less efficient (£126.1k)
£59.4k - Balens Limited
£126.1k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (69 days)
8 days - Balens Limited
69 days - Industry AVG
Creditor Days
its suppliers are paid after 2341 days, this is slower than average (116 days)
2341 days - Balens Limited
116 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Balens Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 56 weeks, this is more cash available to meet short term requirements (33 weeks)
56 weeks - Balens Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.2%, this is a lower level of debt than the average (57.3%)
46.2% - Balens Limited
57.3% - Industry AVG
BALENS LIMITED financials
Balens Limited's latest turnover from December 2023 is £4.2 million and the company has net assets of £2.1 million. According to their latest financial statements, Balens Limited has 70 employees and maintains cash reserves of £1.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,160,006 | 3,541,502 | 3,165,789 | 1,762,863 | |||||||||||
| Other Income Or Grants | 0 | 0 | 0 | ||||||||||||
| Cost Of Sales | 139,838 | 110,529 | 0 | ||||||||||||
| Gross Profit | 4,020,168 | 3,430,973 | 3,165,789 | ||||||||||||
| Admin Expenses | 3,525,869 | 3,102,586 | 2,636,053 | ||||||||||||
| Operating Profit | 494,299 | 328,387 | 529,736 | 563,897 | |||||||||||
| Interest Payable | 0 | 0 | 0 | 2,601 | |||||||||||
| Interest Receivable | 18,169 | 9,342 | 4,472 | 1,100 | |||||||||||
| Pre-Tax Profit | 506,466 | 337,729 | 534,208 | 562,443 | |||||||||||
| Tax | 24,579 | -73,790 | -99,022 | -144,686 | |||||||||||
| Profit After Tax | 531,045 | 263,939 | 435,186 | 417,757 | |||||||||||
| Dividends Paid | 0 | 0 | 0 | 208,249 | |||||||||||
| Retained Profit | 531,045 | 263,939 | 435,186 | 209,508 | |||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 70 | 70 | 70 | 71 | 74 | 73 | 74 | 62 | 62 | ||||||
| EBITDA* | 519,491 | 363,396 | 570,251 | 601,467 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 82,631 | 33,200 | 59,602 | 71,135 | 94,736 | 112,079 | 157,272 | 102,416 | 117,697 | 395,425 | 347,822 | 360,892 | 379,950 | 363,828 | 349,525 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 898 | 898 | 898 | 898 | 1,015 | 1,015 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21,719 | 17,799 | 11,618 | 0 | 0 |
| Total Fixed Assets | 83,529 | 34,098 | 60,500 | 72,033 | 95,751 | 113,094 | 157,272 | 102,416 | 117,697 | 395,425 | 369,541 | 378,691 | 391,568 | 363,828 | 349,525 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 98,435 | 304,045 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 650,127 | 366,146 | 224,873 | 214,453 | 138,317 | 0 |
| Group Debtors | 1,673,428 | 403,437 | 442,738 | 468,954 | 451,289 | 396,801 | 293,392 | 349,662 | 336,776 | 0 | 0 | 0 | 0 | 0 | 29,611 |
| Misc Debtors | 74,242 | 114,152 | 493,301 | 362,611 | 396,384 | 543,380 | 670,189 | 454,471 | 404,018 | 0 | 0 | 0 | 0 | 0 | 76,149 |
| Cash | 1,918,420 | 2,396,124 | 1,263,233 | 1,476,465 | 971,722 | 783,989 | 655,062 | 1,083,612 | 891,442 | 524,283 | 763,385 | 725,121 | 702,037 | 609,603 | 589,481 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,764,525 | 3,217,758 | 2,199,272 | 2,308,030 | 1,819,395 | 1,724,170 | 1,618,643 | 1,887,745 | 1,632,236 | 1,174,410 | 1,129,531 | 949,994 | 916,490 | 747,920 | 695,241 |
| total assets | 3,848,054 | 3,251,856 | 2,259,772 | 2,380,063 | 1,915,146 | 1,837,264 | 1,775,915 | 1,990,161 | 1,749,933 | 1,569,835 | 1,499,072 | 1,328,685 | 1,308,058 | 1,111,748 | 1,044,766 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,800 | 14,500 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,700 |
| Trade Creditors | 896,985 | 1,084,285 | 65,888 | 122,369 | 80,676 | 93,264 | 59,255 | 45,667 | 126,031 | 247,271 | 224,493 | 191,406 | 265,290 | 261,439 | 34,500 |
| Group/Directors Accounts | 461,508 | 0 | 0 | 0 | 0 | 0 | 0 | 32,817 | 10,113 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 409,036 | 618,091 | 347,122 | 484,688 | 229,965 | 180,090 | 159,374 | 284,335 | 220,720 | 0 | 0 | 0 | 0 | 0 | 197,019 |
| total current liabilities | 1,767,529 | 1,702,376 | 413,010 | 607,057 | 310,641 | 273,354 | 218,629 | 362,819 | 356,864 | 247,271 | 239,293 | 205,906 | 265,290 | 261,439 | 246,219 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 83,920 | 0 | 0 | 127,372 |
| hp & lease commitments | 0 | 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 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 53,055 | 68,789 | 0 | 98,156 | 112,588 | 0 |
| provisions | 9,000 | 9,000 | 8,900 | 12,300 | 16,500 | 19,000 | 27,000 | 17,000 | 19,500 | 13,000 | 7,800 | 9,572 | 4,876 | 148 | 0 |
| total long term liabilities | 9,000 | 9,000 | 8,900 | 12,300 | 16,500 | 19,000 | 27,000 | 17,000 | 19,500 | 66,055 | 76,589 | 93,492 | 103,032 | 112,736 | 127,372 |
| total liabilities | 1,776,529 | 1,711,376 | 421,910 | 619,357 | 327,141 | 292,354 | 245,629 | 379,819 | 376,364 | 313,326 | 315,882 | 299,398 | 368,322 | 374,175 | 373,591 |
| net assets | 2,071,525 | 1,540,480 | 1,837,862 | 1,760,706 | 1,588,005 | 1,544,910 | 1,530,286 | 1,610,342 | 1,373,569 | 1,256,509 | 1,183,190 | 1,029,287 | 939,736 | 737,573 | 671,175 |
| total shareholders funds | 2,071,525 | 1,540,480 | 1,837,862 | 1,760,706 | 1,588,005 | 1,544,910 | 1,530,286 | 1,610,342 | 1,373,569 | 1,256,509 | 1,183,190 | 1,029,287 | 939,736 | 737,573 | 671,175 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 494,299 | 328,387 | 529,736 | 563,897 | |||||||||||
| Depreciation | 25,192 | 35,009 | 40,515 | 57,421 | 57,972 | 69,543 | 59,338 | 59,317 | 43,379 | 37,670 | 34,865 | 40,637 | 31,727 | 34,212 | 37,570 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 24,579 | -73,790 | -99,022 | -144,686 | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,024,471 | -114,405 | 104,474 | -16,108 | -92,508 | -23,400 | 159,448 | 63,339 | 90,667 | 262,262 | 145,193 | 16,601 | 87,754 | 32,557 | 105,760 |
| Creditors | -187,300 | 1,018,397 | -56,481 | 41,693 | -12,588 | 34,009 | 13,588 | -80,364 | -121,240 | 22,778 | 33,087 | -73,884 | 3,851 | 226,939 | 34,500 |
| Accruals and Deferred Income | -209,055 | 270,969 | -137,566 | 254,723 | 49,875 | 20,716 | -124,961 | 63,615 | 220,720 | 0 | 0 | 0 | 0 | -197,019 | 197,019 |
| Deferred Taxes & Provisions | 0 | 100 | -3,400 | -4,200 | -2,500 | -8,000 | 10,000 | -2,500 | 6,500 | 5,200 | -1,772 | 4,696 | 4,728 | 148 | 0 |
| Cash flow from operations | -876,756 | 1,693,477 | 169,308 | 582,540 | |||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | -117 | 0 | 1,015 | 0 | 0 | 0 | 0 | 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 | -14,700 | 14,700 |
| Group/Directors Accounts | 461,508 | 0 | 0 | 0 | 0 | 0 | -32,817 | 22,704 | 10,113 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 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 | -83,920 | 83,920 | 0 | -127,372 | 127,372 |
| Hire Purchase and Lease Commitments | 0 | 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 | -53,055 | -15,734 | 68,789 | -98,156 | -14,432 | 112,588 | 0 |
| share issue | |||||||||||||||
| interest | 18,169 | 9,342 | 4,472 | -1,501 | |||||||||||
| cash flow from financing | 479,677 | -551,979 | -353,558 | 602,238 | |||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -477,704 | 1,132,891 | -213,232 | 504,743 | 187,733 | 128,927 | -428,550 | 192,170 | 367,159 | -239,102 | 38,264 | 23,084 | 92,434 | 20,122 | 589,481 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -14,800 | 300 | 14,500 | 0 | 0 | 0 |
| change in cash | -477,704 | 1,132,891 | -213,232 | 504,743 | 187,733 | 128,927 | -428,550 | 192,170 | 367,159 | -224,302 | 37,964 | 8,584 | 92,434 | 20,122 | 589,481 |
balens limited Credit Report and Business Information
Balens Limited Competitor Analysis
Perform a competitor analysis for balens limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in DN22 area or any other competitors across 12 key performance metrics.
balens limited Ownership
BALENS LIMITED group structure
Balens Limited has no subsidiary companies.
Ultimate parent company
PAISLEY BIDCO LTD
#0149136
2 parents
BALENS LIMITED
04931050
balens limited directors
Balens Limited currently has 5 directors. The longest serving directors include Mr Charles Burgess (Nov 2023) and Mr Paul Gerada (Apr 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Charles Burgess | England | 54 years | Nov 2023 | - | Director |
| Mr Paul Gerada | England | 50 years | Apr 2024 | - | Director |
| Mr Roy Clark | England | 64 years | May 2024 | - | Director |
| Mr Matthew Schofield | England | 56 years | Sep 2024 | - | Director |
| Mr William Bulleid | England | 35 years | Nov 2024 | - | Director |
P&L
December 2023turnover
4.2m
+17%
operating profit
494.3k
+51%
gross margin
96.7%
-0.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.1m
+0.34%
total assets
3.8m
+0.18%
cash
1.9m
-0.2%
net assets
Total assets minus all liabilities
balens limited company details
company number
04931050
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
October 2003
age
21
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
rossington's business park, west carr road, retford, nottinghamshire, DN22 7SW
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
balens 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 3 charges/mortgages relating to balens limited. Currently there are 0 open charges and 3 have been satisfied in the past.
balens 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 BALENS LIMITED. This can take several minutes, an email will notify you when this has completed.
balens limited Companies House Filings - See Documents
| date | description | view/download |
|---|
