bakethin finance plc
bakethin finance plc Company Information
Company Number
05074769
Website
-Registered Address
third floor 1 king's arms yard, london, EC2R 7AF
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
bakethin holdings limited 100%
bakethin finance plc Estimated Valuation
Pomanda estimates the enterprise value of BAKETHIN FINANCE PLC at £22.1m based on a Turnover of £15.6m and 1.42x industry multiple (adjusted for size and gross margin).
bakethin finance plc Estimated Valuation
Pomanda estimates the enterprise value of BAKETHIN FINANCE PLC at £329.6m based on an EBITDA of £29.7m and a 11.1x industry multiple (adjusted for size and gross margin).
bakethin finance plc Estimated Valuation
Pomanda estimates the enterprise value of BAKETHIN FINANCE PLC at £5.5m based on Net Assets of £2.4m and 2.27x industry multiple (adjusted for liquidity).
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Bakethin Finance Plc Overview
Bakethin Finance Plc is a live company located in london, EC2R 7AF with a Companies House number of 05074769. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in March 2004, it's largest shareholder is bakethin holdings limited with a 100% stake. Bakethin Finance Plc is a mature, mid sized company, Pomanda has estimated its turnover at £15.6m with declining growth in recent years.
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Bakethin Finance Plc Health Check
Pomanda's financial health check has awarded Bakethin Finance Plc a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
2 Weak
Size
annual sales of £15.6m, make it larger than the average company (£3m)
£15.6m - Bakethin Finance Plc
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (4.1%)
-9% - Bakethin Finance Plc
4.1% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (38.8%)
100% - Bakethin Finance Plc
38.8% - Industry AVG
Profitability
an operating margin of 189.8% make it more profitable than the average company (6.5%)
189.8% - Bakethin Finance Plc
6.5% - Industry AVG
Employees
with 115 employees, this is above the industry average (20)
- Bakethin Finance Plc
20 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Bakethin Finance Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £136k, this is equally as efficient (£136.7k)
- Bakethin Finance Plc
£136.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Bakethin Finance Plc
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Bakethin Finance Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Bakethin Finance Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 38 weeks, this is more cash available to meet short term requirements (28 weeks)
38 weeks - Bakethin Finance Plc
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.2%, this is a higher level of debt than the average (60%)
99.2% - Bakethin Finance Plc
60% - Industry AVG
BAKETHIN FINANCE PLC financials
Bakethin Finance Plc's latest turnover from March 2023 is £15.6 million and the company has net assets of £2.4 million. According to their latest financial statements, we estimate that Bakethin Finance Plc has 115 employees and maintains cash reserves of £2.3 million 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 | Dec 2013 | Dec 2012 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 15,645,000 | 40,394,000 | 19,840,000 | 20,428,000 | 17,741,000 | 20,867,000 | 29,275,000 | 21,594,000 | 33,412,000 | 0 | 0 | 0 | 14,921,000 | 14,920,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 0 | 0 | 14,895,000 | 14,895,000 | ||||||||||
| Gross Profit | 15,645,000 | 40,394,000 | 26,000 | 25,000 | ||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 15,570,000 | 40,450,000 | 19,809,000 | 20,390,000 | 17,712,000 | 20,842,000 | 29,250,000 | 21,568,000 | 3,338,000 | 14,895,000 | 11,228,000 | 14,893,000 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,920,000 | 11,247,000 | 14,923,000 | 0 | 0 |
| Pre-Tax Profit | 75,000 | -56,000 | 31,000 | 38,000 | 29,000 | 25,000 | 25,000 | 26,000 | 32,000 | 25,000 | 19,000 | 30,000 | 26,000 | 25,000 |
| Tax | -14,000 | 14,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 61,000 | -42,000 | 31,000 | 38,000 | 29,000 | 25,000 | 25,000 | 26,000 | 32,000 | 25,000 | 19,000 | 30,000 | 26,000 | 25,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 61,000 | -42,000 | 31,000 | 38,000 | 29,000 | 25,000 | 25,000 | 26,000 | 32,000 | 25,000 | 19,000 | 30,000 | 26,000 | 25,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Number Of Employees | ||||||||||||||
| EBITDA* |
* 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 | Dec 2013 | Dec 2012 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 263,915,000 | 270,799,000 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 60,536,000 | 58,933,000 | 267,934,000 | 265,235,000 | 272,104,000 | 270,633,000 | 277,787,000 | 263,915,000 | 270,799,000 | 242,260,000 | 241,936,000 | 241,693,000 | 241,369,000 | 241,045,000 |
| Debtors (Due After 1 year) | 225,682,000 | 228,798,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 286,218,000 | 287,731,000 | 267,934,000 | 265,235,000 | 272,104,000 | 270,633,000 | 277,787,000 | 263,915,000 | 270,799,000 | 242,260,000 | 241,936,000 | 241,693,000 | 241,369,000 | 241,045,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,719,000 |
| Group Debtors | 7,000 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,117,000 | 3,036,000 | 11,000 | 10,000 | 2,653,000 | 2,674,000 | 2,691,000 | 2,710,000 | 2,759,000 | 6,433,000 | 6,434,000 | 2,724,000 | 2,724,000 | 7,000 |
| Cash | 2,338,000 | 2,314,000 | 2,291,000 | 2,262,000 | 2,236,000 | 2,207,000 | 2,180,000 | 2,213,000 | 2,118,000 | 2,089,000 | 2,062,000 | 2,054,000 | 2,025,000 | 1,996,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,462,000 | 5,351,000 | 2,302,000 | 2,272,000 | 4,889,000 | 4,881,000 | 4,871,000 | 4,923,000 | 4,877,000 | 8,522,000 | 8,496,000 | 4,778,000 | 4,749,000 | 4,722,000 |
| total assets | 291,680,000 | 293,082,000 | 270,236,000 | 267,507,000 | 276,993,000 | 275,514,000 | 282,658,000 | 268,838,000 | 275,676,000 | 250,782,000 | 250,432,000 | 246,471,000 | 246,118,000 | 245,767,000 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,715,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 3,123,000 | 3,087,000 | 3,362,000 | 2,734,000 | 2,117,000 | 1,575,000 | 1,074,000 | 613,000 | 186,000 | 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 | 8,000 | 0 | 11,000 | 5,000 | 2,649,000 | 2,669,000 | 2,685,000 | 2,761,000 | 2,742,000 | 6,419,000 | 6,418,000 | 2,719,000 | 2,720,000 | 4,000 |
| total current liabilities | 3,131,000 | 3,087,000 | 3,373,000 | 2,739,000 | 4,766,000 | 4,244,000 | 3,759,000 | 3,374,000 | 2,928,000 | 6,419,000 | 6,418,000 | 2,719,000 | 2,720,000 | 2,719,000 |
| loans | 286,125,000 | 287,632,000 | 264,458,000 | 262,394,000 | 269,987,000 | 269,059,000 | 276,713,000 | 505,013,000 | 512,949,000 | 242,260,000 | 241,936,000 | 241,693,000 | 241,369,000 | 241,045,000 |
| 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 | 286,125,000 | 287,632,000 | 264,458,000 | 262,394,000 | 269,987,000 | 269,059,000 | 276,713,000 | 263,303,000 | 270,613,000 | 242,260,000 | 241,936,000 | 241,693,000 | 241,369,000 | 241,045,000 |
| total liabilities | 289,256,000 | 290,719,000 | 267,831,000 | 265,133,000 | 274,753,000 | 273,303,000 | 280,472,000 | 266,677,000 | 273,541,000 | 248,679,000 | 248,354,000 | 244,412,000 | 244,089,000 | 243,764,000 |
| net assets | 2,424,000 | 2,363,000 | 2,405,000 | 2,374,000 | 2,240,000 | 2,211,000 | 2,186,000 | 2,161,000 | 2,135,000 | 2,103,000 | 2,078,000 | 2,059,000 | 2,029,000 | 2,003,000 |
| total shareholders funds | 2,424,000 | 2,363,000 | 2,405,000 | 2,374,000 | 2,240,000 | 2,211,000 | 2,186,000 | 2,161,000 | 2,135,000 | 2,103,000 | 2,078,000 | 2,059,000 | 2,029,000 | 2,003,000 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Dec 2013 | Dec 2012 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| 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 | -14,000 | 14,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,029,000 | 231,824,000 | 1,000 | -2,643,000 | -21,000 | -17,000 | -19,000 | -49,000 | 2,759,000 | -1,000 | 3,710,000 | 0 | -2,000 | 2,726,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,715,000 | 2,715,000 |
| Accruals and Deferred Income | 8,000 | -11,000 | 6,000 | -2,644,000 | -20,000 | -16,000 | -76,000 | 19,000 | 2,742,000 | 1,000 | 3,698,000 | -1,000 | 2,716,000 | 4,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 1,603,000 | -209,001,000 | 2,699,000 | -6,869,000 | 1,471,000 | -7,154,000 | 13,872,000 | -6,884,000 | 270,799,000 | 324,000 | 567,000 | 324,000 | 324,000 | 241,045,000 |
| 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 | 36,000 | -275,000 | 628,000 | 617,000 | 542,000 | 501,000 | 461,000 | 427,000 | 186,000 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -1,507,000 | 23,174,000 | 2,064,000 | -7,593,000 | 928,000 | -7,654,000 | -228,300,000 | -7,936,000 | 512,949,000 | 324,000 | 567,000 | 324,000 | 324,000 | 241,045,000 |
| 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 | -15,570,000 | -40,450,000 | -19,809,000 | -20,390,000 | -17,712,000 | -20,842,000 | -29,250,000 | -21,568,000 | -3,338,000 | 25,000 | 19,000 | 30,000 | 0 | 0 |
| cash flow from financing | -17,041,000 | -17,551,000 | -17,117,000 | -27,270,000 | -16,242,000 | -27,995,000 | -257,089,000 | -29,077,000 | 511,900,000 | 349,000 | 616,000 | 354,000 | 324,000 | 243,023,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 24,000 | 23,000 | 29,000 | 26,000 | 29,000 | 27,000 | -33,000 | 95,000 | 2,118,000 | 27,000 | 37,000 | 29,000 | 29,000 | 1,996,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 24,000 | 23,000 | 29,000 | 26,000 | 29,000 | 27,000 | -33,000 | 95,000 | 2,118,000 | 27,000 | 37,000 | 29,000 | 29,000 | 1,996,000 |
bakethin finance plc Credit Report and Business Information
Bakethin Finance Plc Competitor Analysis
Perform a competitor analysis for bakethin finance plc by selecting its closest rivals and benchmarking them against 12 key performance metrics.
bakethin finance plc Ownership
BAKETHIN FINANCE PLC group structure
Bakethin Finance Plc has no subsidiary companies.
Ultimate parent company
2 parents
BAKETHIN FINANCE PLC
05074769
bakethin finance plc directors
Bakethin Finance Plc currently has 3 directors. The longest serving directors include Mr Daniel Wynne (Apr 2017) and Mr Ioannis Kyriakopoulos (Mar 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Wynne | United Kingdom | 53 years | Apr 2017 | - | Director |
| Mr Ioannis Kyriakopoulos | United Kingdom | 50 years | Mar 2019 | - | Director |
| Mr Matthew Williams | England | 49 years | Sep 2023 | - | Director |
P&L
March 2023turnover
15.6m
-61%
operating profit
29.7m
0%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.4m
+0.03%
total assets
291.7m
0%
cash
2.3m
+0.01%
net assets
Total assets minus all liabilities
Similar Companies
bakethin finance plc company details
company number
05074769
Type
Public limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
March 2004
age
20
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
third floor 1 king's arms yard, london, EC2R 7AF
last accounts submitted
March 2023
bakethin finance plc 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 1 charges/mortgages relating to bakethin finance plc. Currently there are 1 open charges and 0 have been satisfied in the past.
bakethin finance plc Companies House Filings - See Documents
| date | description | view/download |
|---|
