barking riverside limited
barking riverside limited Company Information
Company Number
05055132
Next Accounts
Dec 2025
Shareholders
l&q new homes limited
gla land & property ltd
Group Structure
View All
Industry
Development of building projects
Registered Address
29-35 west ham lane, london, E15 4PH
Website
lqgroup.org.ukbarking riverside limited Estimated Valuation
Pomanda estimates the enterprise value of BARKING RIVERSIDE LIMITED at £1.5m based on a Turnover of £11.8m and 0.12x industry multiple (adjusted for size and gross margin).
barking riverside limited Estimated Valuation
Pomanda estimates the enterprise value of BARKING RIVERSIDE LIMITED at £0 based on an EBITDA of £-4.5m and a 0.95x industry multiple (adjusted for size and gross margin).
barking riverside limited Estimated Valuation
Pomanda estimates the enterprise value of BARKING RIVERSIDE LIMITED at £0 based on Net Assets of £-35.9m and 1.49x industry multiple (adjusted for liquidity).
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Barking Riverside Limited Overview
Barking Riverside Limited is a live company located in london, E15 4PH with a Companies House number of 05055132. It operates in the development of building projects sector, SIC Code 41100. Founded in February 2004, it's largest shareholder is l&q new homes limited with a 51% stake. Barking Riverside Limited is a mature, mid sized company, Pomanda has estimated its turnover at £11.8m with healthy growth in recent years.
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Barking Riverside Limited Health Check
Pomanda's financial health check has awarded Barking Riverside Limited a 3 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
1 Regular
5 Weak
Size
annual sales of £11.8m, make it larger than the average company (£2.3m)
£11.8m - Barking Riverside Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (6.1%)
12% - Barking Riverside Limited
6.1% - Industry AVG
Production
with a gross margin of -16.3%, this company has a higher cost of product (26.3%)
-16.3% - Barking Riverside Limited
26.3% - Industry AVG
Profitability
an operating margin of -39.1% make it less profitable than the average company (7.7%)
-39.1% - Barking Riverside Limited
7.7% - Industry AVG
Employees
with 42 employees, this is above the industry average (6)
- Barking Riverside Limited
6 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Barking Riverside Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £280.3k, this is equally as efficient (£281.8k)
- Barking Riverside Limited
£281.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Barking Riverside Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (31 days)
2 days - Barking Riverside Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 8790 days, this is more than average (203 days)
8790 days - Barking Riverside Limited
203 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 44 weeks, this is more cash available to meet short term requirements (11 weeks)
44 weeks - Barking Riverside Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 110.6%, this is a higher level of debt than the average (73.7%)
110.6% - Barking Riverside Limited
73.7% - Industry AVG
BARKING RIVERSIDE LIMITED financials
Barking Riverside Limited's latest turnover from March 2024 is £11.8 million and the company has net assets of -£35.9 million. According to their latest financial statements, we estimate that Barking Riverside Limited has 42 employees and maintains cash reserves of £7.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 11,773,000 | 13,712,000 | 24,606,000 | 8,483,000 | 1,086,000 | 31,367,000 | 14,120,000 | 2,055,000 | 10,434 | 2,936,762 | 1,430,352 | 3,430,817 | 1,291,455 | 8,636,831 | 1,071,755 | 1,458,000 |
| Other Income Or Grants | ||||||||||||||||
| Cost Of Sales | 13,692,000 | 13,264,000 | 22,181,000 | 8,693,000 | 2,825,000 | 24,900,000 | 12,015,000 | 607,000 | 9,700 | 1,653,380 | 342,409 | 2,609,019 | 136,655 | 7,746,476 | 94,972 | 143,634 |
| Gross Profit | -1,919,000 | 448,000 | 2,425,000 | -210,000 | -1,739,000 | 6,467,000 | 2,105,000 | 1,448,000 | 734 | 1,283,382 | 1,087,943 | 821,798 | 1,154,800 | 890,355 | 976,783 | 1,314,366 |
| Admin Expenses | 2,685,000 | 3,582,000 | 2,013,000 | 2,591,000 | 2,358,000 | 1,719,000 | 2,193,000 | 2,261,000 | 837 | 843,202 | 472,016 | 602,268 | 627,524 | 947,805 | 806,014 | 989,233 |
| Operating Profit | -4,604,000 | -3,134,000 | 412,000 | -2,801,000 | -4,097,000 | 4,748,000 | -88,000 | -813,000 | -103 | 440,180 | 615,927 | 219,530 | 527,276 | -57,450 | 170,769 | 325,133 |
| Interest Payable | 15,430,000 | 11,424,000 | 7,758,000 | 6,075,000 | 9,952,000 | 3,358,000 | 2,735,000 | 2,266,000 | 1,195 | 2,140,925 | 1,015,482 | 979,402 | 951,988 | 801,855 | 627,700 | 893,930 |
| Interest Receivable | 91,000 | 3,813,000 | 2,129,000 | 9,233,000 | 4,947,000 | 6,177,000 | 713,000 | 868,000 | 25 | 13,693 | 34,484 | 29,387 | 17,152 | 17,968 | 7,987 | 30,514 |
| Pre-Tax Profit | -19,943,000 | -10,745,000 | -5,217,000 | 357,000 | -9,102,000 | 7,567,000 | -2,110,000 | -2,211,000 | -1,273 | -1,687,052 | -365,071 | -730,485 | -407,560 | -841,337 | -448,944 | -538,283 |
| Tax | 109,000 | -460,000 | 49,563 | 33,364 | -320,706 | |||||||||||
| Profit After Tax | -19,943,000 | -10,745,000 | -5,217,000 | 357,000 | -8,993,000 | 7,107,000 | -2,110,000 | -2,211,000 | -1,273 | -1,687,052 | -365,071 | -680,922 | -374,196 | -841,337 | -448,944 | -858,989 |
| Dividends Paid | ||||||||||||||||
| Retained Profit | -19,943,000 | -10,745,000 | -5,217,000 | 357,000 | -8,993,000 | 7,107,000 | -2,110,000 | -2,211,000 | -1,273 | -1,687,052 | -365,071 | -680,922 | -374,196 | -841,337 | -448,944 | -858,989 |
| Employee Costs | 231,486 | 208,659 | 157,353 | 155,226 | 197,201 | 358,368 | 278,052 | 336,600 | ||||||||
| Number Of Employees | 3 | 3 | 2 | 3 | 4 | 5 | 4 | 4 | ||||||||
| EBITDA* | -4,532,000 | -3,054,000 | 492,000 | -2,710,000 | -4,007,000 | 4,819,000 | -20,000 | -788,000 | -83 | 471,715 | 651,293 | 277,628 | 596,992 | 8,197 | 236,865 | 386,780 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 720,000 | 735,000 | 815,000 | 891,000 | 983,000 | 1,055,000 | 1,073,000 | 878,000 | 285 | 305,254 | 336,789 | 365,184 | 423,282 | 476,542 | 516,747 | 582,843 |
| Intangible Assets | ||||||||||||||||
| Investments & Other | ||||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||||
| Total Fixed Assets | 720,000 | 735,000 | 815,000 | 891,000 | 983,000 | 1,055,000 | 1,073,000 | 878,000 | 285 | 305,254 | 336,789 | 365,184 | 423,282 | 476,542 | 516,747 | 582,843 |
| Stock & work in progress | 329,738,000 | 324,954,000 | 291,694,000 | 229,741,000 | 152,171,000 | 89,767,000 | 84,278,000 | 82,330,000 | 68,276 | 71,488,688 | 64,924,569 | 58,069,194 | 57,100,933 | 54,910,263 | 51,893,973 | 48,392,511 |
| Trade Debtors | ||||||||||||||||
| Group Debtors | 347,532 | 4,660,560 | ||||||||||||||
| Misc Debtors | 1,916,000 | 3,284,000 | 5,504,000 | 4,113,000 | 17,672,000 | 31,278,000 | 7,387,000 | 3,235,000 | 2,647 | 280,421 | 1,045,444 | 865,359 | 411,041 | 1,643,564 | 404,458 | 270,282 |
| Cash | 7,292,000 | 12,242,000 | 17,701,000 | 6,520,000 | 44,253,000 | 28,453,000 | 5,459,000 | 11,749,000 | 4,339 | 6,259,135 | 5,066,306 | 7,333,800 | 6,800,990 | 2,248,185 | 2,514,379 | 849,229 |
| misc current assets | ||||||||||||||||
| total current assets | 338,946,000 | 340,480,000 | 314,899,000 | 240,374,000 | 214,096,000 | 149,498,000 | 97,124,000 | 97,314,000 | 75,262 | 78,028,244 | 71,036,319 | 66,268,353 | 64,660,496 | 63,462,572 | 54,812,810 | 49,512,022 |
| total assets | 339,666,000 | 341,215,000 | 315,714,000 | 241,265,000 | 215,079,000 | 150,553,000 | 98,197,000 | 98,192,000 | 75,547 | 78,333,498 | 71,373,108 | 66,633,537 | 65,083,778 | 63,939,114 | 55,329,557 | 50,094,865 |
| Bank overdraft | ||||||||||||||||
| Bank loan | ||||||||||||||||
| Trade Creditors | 83,000 | 1,083,000 | 16,317,000 | 771,000 | 3,771,000 | 7,793,000 | 237,000 | 340,000 | 64,812 | 1,204,196 | 2,898,080 | 1,013,575 | 264,710 | 1,802,614 | 294,532 | |
| Group/Directors Accounts | 1,843,000 | 1,843,000 | 1,844,000 | 1,844,000 | 1,844,000 | 1,844,000 | 65,271,000 | 63,462,000 | 61,087,893 | 72,608,402 | 2,681,712 | 2,014,103 | 2,355,042 | 2,176,049 | 1,002,367 | |
| other short term finances | 66,314,528 | 65,343,242 | 1,500,000 | |||||||||||||
| hp & lease commitments | ||||||||||||||||
| other current liabilities | 6,598,000 | 4,031,000 | 3,734,000 | 2,312,000 | 4,772,000 | 12,783,000 | 3,152,000 | 3,197,000 | 4,176,577 | 298,751 | 690,776 | 847,855 | 280,581 | 222,586 | 270,669 | |
| total current liabilities | 8,524,000 | 6,957,000 | 21,895,000 | 4,927,000 | 10,387,000 | 22,420,000 | 68,660,000 | 66,999,000 | 64,812 | 66,468,666 | 75,805,233 | 70,700,591 | 68,469,910 | 5,938,237 | 2,693,167 | 1,273,036 |
| loans | 259,211,000 | 237,934,000 | 184,716,000 | 135,589,000 | 111,547,000 | 61,012,813 | 54,806,989 | 50,543,484 | ||||||||
| hp & lease commitments | ||||||||||||||||
| Accruals and Deferred Income | 54,646,000 | |||||||||||||||
| other liabilities | 107,868,000 | 112,318,000 | 59,706,000 | 100,781,000 | 93,534,000 | 119,529,000 | 28,040,000 | 27,586,000 | 4,917 | 4,774,326 | ||||||
| provisions | ||||||||||||||||
| total long term liabilities | 367,079,000 | 350,252,000 | 299,068,000 | 236,370,000 | 205,081,000 | 119,529,000 | 28,040,000 | 27,586,000 | 4,917 | 4,774,326 | 61,012,813 | 54,806,989 | 50,543,484 | |||
| total liabilities | 375,603,000 | 357,209,000 | 320,963,000 | 241,297,000 | 215,468,000 | 141,949,000 | 96,700,000 | 94,585,000 | 69,729 | 71,242,992 | 75,805,233 | 70,700,591 | 68,469,910 | 66,951,050 | 57,500,156 | 51,816,520 |
| net assets | -35,937,000 | -15,994,000 | -5,249,000 | -32,000 | -389,000 | 8,604,000 | 1,497,000 | 3,607,000 | 5,818 | 7,090,506 | -4,432,125 | -4,067,054 | -3,386,132 | -3,011,936 | -2,170,599 | -1,721,655 |
| total shareholders funds | -35,937,000 | -15,994,000 | -5,249,000 | -32,000 | -389,000 | 8,604,000 | 1,497,000 | 3,607,000 | 5,818 | 7,090,506 | -4,432,125 | -4,067,054 | -3,386,132 | -3,011,936 | -2,170,599 | -1,721,655 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | -4,604,000 | -3,134,000 | 412,000 | -2,801,000 | -4,097,000 | 4,748,000 | -88,000 | -813,000 | -103 | 440,180 | 615,927 | 219,530 | 527,276 | -57,450 | 170,769 | 325,133 |
| Depreciation | 72,000 | 80,000 | 80,000 | 91,000 | 90,000 | 71,000 | 68,000 | 25,000 | 20 | 31,535 | 35,366 | 58,098 | 69,716 | 65,647 | 66,096 | 61,647 |
| Amortisation | ||||||||||||||||
| Tax | 109,000 | -460,000 | 49,563 | 33,364 | -320,706 | |||||||||||
| Stock | 4,784,000 | 33,260,000 | 61,953,000 | 77,570,000 | 62,404,000 | 5,489,000 | 1,948,000 | 82,261,724 | -71,420,412 | 6,564,119 | 6,855,375 | 968,261 | 2,190,670 | 3,016,290 | 3,501,462 | 48,392,511 |
| Debtors | -1,368,000 | -2,220,000 | 1,391,000 | -13,559,000 | -13,606,000 | 23,891,000 | 4,152,000 | 3,232,353 | -277,774 | -765,023 | 180,085 | 106,786 | -5,545,551 | 5,899,666 | 134,176 | 270,282 |
| Creditors | -1,000,000 | -15,234,000 | 15,546,000 | -3,000,000 | -4,022,000 | 7,556,000 | -103,000 | 275,188 | -1,139,384 | -1,693,884 | 1,884,505 | 748,865 | -1,537,904 | 1,508,082 | 294,532 | |
| Accruals and Deferred Income | 2,567,000 | -54,349,000 | 56,068,000 | -2,460,000 | -8,011,000 | 9,631,000 | -45,000 | 3,197,000 | -4,176,577 | 3,877,826 | -392,025 | -157,079 | 567,274 | 57,995 | -48,083 | 270,669 |
| Deferred Taxes & Provisions | ||||||||||||||||
| Cash flow from operations | -6,381,000 | -103,677,000 | 8,762,000 | -72,181,000 | -64,729,000 | -7,834,000 | -6,268,000 | -82,809,889 | 66,382,142 | -3,143,439 | -4,891,687 | -156,070 | 3,014,607 | -7,341,682 | -3,152,324 | -48,326,050 |
| Investing Activities | ||||||||||||||||
| capital expenditure | ||||||||||||||||
| Change in Investments | ||||||||||||||||
| cash flow from investments | ||||||||||||||||
| Financing Activities | ||||||||||||||||
| Bank loans | ||||||||||||||||
| Group/Directors Accounts | -1,000 | -63,427,000 | 1,809,000 | 63,462,000 | -61,087,893 | -11,520,509 | 69,926,690 | 667,609 | -340,939 | 178,993 | 1,173,682 | 1,002,367 | ||||
| Other Short Term Loans | -66,314,528 | 971,286 | 63,843,242 | 1,500,000 | ||||||||||||
| Long term loans | 21,277,000 | 53,218,000 | 49,127,000 | 24,042,000 | 111,547,000 | -61,012,813 | 6,205,824 | 4,263,505 | 50,543,484 | |||||||
| Hire Purchase and Lease Commitments | ||||||||||||||||
| other long term liabilities | -4,450,000 | 52,612,000 | -41,075,000 | 7,247,000 | -25,995,000 | 91,489,000 | 454,000 | 27,581,083 | -4,769,409 | 4,774,326 | ||||||
| share issue | ||||||||||||||||
| interest | -15,339,000 | -7,611,000 | -5,629,000 | 3,158,000 | -5,005,000 | 2,819,000 | -2,022,000 | -1,398,000 | -1,170 | -2,127,232 | -980,998 | -950,015 | -934,836 | -783,887 | -619,713 | -863,416 |
| cash flow from financing | 1,488,000 | 98,218,000 | 2,423,000 | 34,447,000 | 80,547,000 | 30,881,000 | 241,000 | 95,457,265 | -72,941,887 | 4,336,268 | 2,631,164 | 688,880 | 1,554,654 | 7,100,930 | 4,817,474 | 49,819,769 |
| cash and cash equivalents | ||||||||||||||||
| cash | -4,950,000 | -5,459,000 | 11,181,000 | -37,733,000 | 15,800,000 | 22,994,000 | -6,290,000 | 11,744,661 | -6,254,796 | 1,192,829 | -2,267,494 | 532,810 | 4,552,805 | -266,194 | 1,665,150 | 849,229 |
| overdraft | ||||||||||||||||
| change in cash | -4,950,000 | -5,459,000 | 11,181,000 | -37,733,000 | 15,800,000 | 22,994,000 | -6,290,000 | 11,744,661 | -6,254,796 | 1,192,829 | -2,267,494 | 532,810 | 4,552,805 | -266,194 | 1,665,150 | 849,229 |
barking riverside limited Credit Report and Business Information
Barking Riverside Limited Competitor Analysis
Perform a competitor analysis for barking riverside limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in E15 area or any other competitors across 12 key performance metrics.
barking riverside limited Ownership
BARKING RIVERSIDE LIMITED group structure
Barking Riverside Limited has no subsidiary companies.
Ultimate parent company
2 parents
BARKING RIVERSIDE LIMITED
05055132
barking riverside limited directors
Barking Riverside Limited currently has 6 directors. The longest serving directors include Mr Edward Farnsworth (Mar 2016) and Mrs Victoria Savage (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Edward Farnsworth | 42 years | Mar 2016 | - | Director | |
| Mrs Victoria Savage | United Kingdom | 59 years | Sep 2019 | - | Director |
| Mr Tom Copley | United Kingdom | 39 years | May 2020 | - | Director |
| Mrs Rachael Hickman | England | 47 years | Mar 2021 | - | Director |
| Mrs Anna Casbolt | England | 54 years | Jan 2023 | - | Director |
| Mr Steven Moseley | England | 51 years | Jan 2023 | - | Director |
P&L
March 2024turnover
11.8m
-14%
operating profit
-4.6m
+47%
gross margin
-16.3%
-598.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-35.9m
+1.25%
total assets
339.7m
0%
cash
7.3m
-0.4%
net assets
Total assets minus all liabilities
barking riverside limited company details
company number
05055132
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
February 2004
age
21
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
cycleriver limited (March 2004)
accountant
-
auditor
KPMG LLP
address
29-35 west ham lane, london, E15 4PH
Bank
BARCLAYS BANK PLC
Legal Advisor
-
barking riverside 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 6 charges/mortgages relating to barking riverside limited. Currently there are 5 open charges and 1 have been satisfied in the past.
barking riverside 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 BARKING RIVERSIDE LIMITED. This can take several minutes, an email will notify you when this has completed.
barking riverside limited Companies House Filings - See Documents
| date | description | view/download |
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