blue star business solutions limited

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blue star business solutions limited Company Information

Share BLUE STAR BUSINESS SOLUTIONS LIMITED

Company Number

05083649

Directors

Marcus Gregory

Denham Eke

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Shareholders

manx ventures limited

Group Structure

View All

Industry

Financial leasing

 

Registered Address

fourth floor east, matrix house, basing view, basingstoke, hampshire, RG21 4FF

blue star business solutions limited Estimated Valuation

£4.1m

Pomanda estimates the enterprise value of BLUE STAR BUSINESS SOLUTIONS LIMITED at £4.1m based on a Turnover of £2.7m and 1.49x industry multiple (adjusted for size and gross margin).

blue star business solutions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of BLUE STAR BUSINESS SOLUTIONS LIMITED at £0 based on an EBITDA of £-77.3k and a 5.87x industry multiple (adjusted for size and gross margin).

blue star business solutions limited Estimated Valuation

£740.2k

Pomanda estimates the enterprise value of BLUE STAR BUSINESS SOLUTIONS LIMITED at £740.2k based on Net Assets of £370.5k and 2x industry multiple (adjusted for liquidity).

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Blue Star Business Solutions Limited Overview

Blue Star Business Solutions Limited is a live company located in basingstoke, RG21 4FF with a Companies House number of 05083649. It operates in the financial leasing sector, SIC Code 64910. Founded in March 2004, it's largest shareholder is manx ventures limited with a 100% stake. Blue Star Business Solutions Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.7m with declining growth in recent years.

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Blue Star Business Solutions Limited Health Check

Pomanda's financial health check has awarded Blue Star Business Solutions Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £2.7m, make it in line with the average company (£2.9m)

£2.7m - Blue Star Business Solutions Limited

£2.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (0%)

-4% - Blue Star Business Solutions Limited

0% - Industry AVG

production

Production

with a gross margin of 49.5%, this company has a comparable cost of product (49.5%)

49.5% - Blue Star Business Solutions Limited

49.5% - Industry AVG

profitability

Profitability

an operating margin of -2.9% make it less profitable than the average company (39%)

-2.9% - Blue Star Business Solutions Limited

39% - Industry AVG

employees

Employees

with 11 employees, this is above the industry average (8)

11 - Blue Star Business Solutions Limited

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £69.9k, the company has an equivalent pay structure (£69.9k)

£69.9k - Blue Star Business Solutions Limited

£69.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £247.9k, this is less efficient (£546.5k)

£247.9k - Blue Star Business Solutions Limited

£546.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 7 days, this is earlier than average (49 days)

7 days - Blue Star Business Solutions Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 8 days, this is quicker than average (34 days)

8 days - Blue Star Business Solutions Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Blue Star Business Solutions Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 120 weeks, this is more cash available to meet short term requirements (5 weeks)

120 weeks - Blue Star Business Solutions Limited

5 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 12%, this is a lower level of debt than the average (96.3%)

12% - Blue Star Business Solutions Limited

96.3% - Industry AVG

BLUE STAR BUSINESS SOLUTIONS LIMITED financials

EXPORTms excel logo

Blue Star Business Solutions Limited's latest turnover from December 2023 is estimated at £2.7 million and the company has net assets of £370.5 thousand. According to their latest financial statements, Blue Star Business Solutions Limited has 11 employees and maintains cash reserves of £116.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover2,726,9081,907,6741,623,7523,069,6424,667,3373,521,8394,769,7343,549,9672,166,583568,797170,848110,037309,468125,94094,662
Other Income Or Grants
Cost Of Sales1,377,812811,861673,5121,441,2732,258,9901,730,8432,527,2461,738,152911,300242,96885,42456,333155,14262,62455,444
Gross Profit1,349,0961,095,813950,2401,628,3692,408,3471,790,9962,242,4881,811,8141,255,282325,82985,42453,704154,32663,31639,218
Admin Expenses1,429,406989,743828,9531,606,6452,416,5481,768,2112,237,1661,864,0161,137,239271,35636,8824,231118,92652,63522,217
Operating Profit-80,310106,070121,28721,724-8,20122,7855,322-52,202118,04354,47348,54249,47335,40010,68117,001
Interest Payable2,2474,3274,5234,6792,507
Interest Receivable6,6415,9523922392,3731,6681,16241473382367644428415556
Pre-Tax Profit-73,669112,022121,67921,963-8,07620,1261,960-56,467116,26955,29649,21849,91735,68410,83617,057
Tax-21,284-23,119-4,173-3,824-372-23,254-11,612-11,320-11,980-9,278-3,034-4,776
Profit After Tax-73,66990,73898,56017,790-8,07616,3021,588-56,46793,01543,68437,89837,93726,4067,80212,281
Dividends Paid
Retained Profit-73,66990,73898,56017,790-8,07616,3021,588-56,46793,01543,68437,89837,93726,4067,80212,281
Employee Costs768,842531,223478,772863,917907,655785,964752,632771,485663,650110,51456,93260,11155,08753,28352,440
Number Of Employees1187121312111211211111
EBITDA*-77,298109,082124,30026,266-8,20154,52043,289-5,287124,67077,76559,06156,44540,92714,15718,184

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets181,025184,037187,049175,062183,416288,340315,182348,288378,434172,16629,00741,04319,90711,9049,575
Intangible Assets
Investments & Other17,26422
Debtors (Due After 1 year)
Total Fixed Assets198,289184,037187,049175,062183,418288,342315,182348,288378,434172,16629,00741,04319,90711,9049,575
Stock & work in progress8,544
Trade Debtors57,79871,38237,61331,366185,216111,811492,302341,826279,764105,00027,22913,017101,23127,24617,183
Group Debtors44,566104,87421,719
Misc Debtors3,8983,77816,4608,0121771,7701,50515,77722,708
Cash116,211136,797203,313110,482367,987180,131264,704200,163131,110162,088167,052103,26574,22939,45022,560
misc current assets1,0125,298
total current assets222,473316,831257,386171,579553,380293,712758,511557,766433,582268,100199,579116,282184,00466,69639,743
total assets420,762500,868444,435346,641736,798582,0541,073,693906,054812,016440,266228,586157,325203,91178,60049,318
Bank overdraft
Bank loan4,7934,7934,577
Trade Creditors 31,16427,70515,8817,499371,73681,480565,280394,312258,261182,43395,91262,237143,17640,96532,983
Group/Directors Accounts13,64061,45261,4521,0461,044
other short term finances
hp & lease commitments27,89427,89427,89425,570
other current liabilities5,46823,35268,90833,38077,090102,98093,85264,83138,825
total current liabilities50,27251,05784,789102,331510,278217,147691,819491,614323,702182,43395,91262,237143,17640,96534,027
loans56,82461,79268,01877,143
hp & lease commitments58,11686,010113,904141,798
Accruals and Deferred Income
other liabilities81,4753123,8967,202
provisions5,6526,2254,4494,4493,5183,9253,833
total long term liabilities5,6526,2254,4494,449118,458151,727185,755218,94181,4753123,8967,202
total liabilities50,27256,70991,014106,780514,727335,605843,546677,369542,643263,90895,91262,549147,07248,16734,027
net assets370,490444,159353,421239,861222,071246,449230,147228,685269,373176,358132,67494,77656,83930,43315,291
total shareholders funds370,490444,159353,421239,861222,071246,449230,147228,685269,373176,358132,67494,77656,83930,43315,291
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-80,310106,070121,28721,724-8,20122,7855,322-52,202118,04354,47348,54249,47335,40010,68117,001
Depreciation3,0123,0123,0134,54231,73537,96746,9156,62723,29210,5196,9725,5273,4761,183
Amortisation
Tax-21,284-23,119-4,173-3,824-372-23,254-11,612-11,320-11,980-9,278-3,034-4,776
Stock-8,5448,544
Debtors-73,772125,961-7,024-124,296-308,414-380,226136,20455,131197,47277,77114,212-88,21473,98510,06317,183
Creditors3,45911,8248,382-364,237-193,544-483,800170,968136,05175,82886,52133,675-80,939102,2117,98232,983
Accruals and Deferred Income-17,884-45,55635,528-43,710-16,7629,12829,02126,00638,825
Deferred Taxes & Provisions-5,652-5731,776524-407923,833
Cash flow from operations-23,603-72,468153,891-261,55890,431-44,157106,794105,47218,59774,90367,20460,28451,3319,04229,208
Investing Activities
capital expenditure-15,0003,812131,766-4,893-4,861-16,769-212,895-166,4511,517-28,108-13,530-5,805-10,758
Change in Investments17,264-222
cash flow from investments-17,264-15,0003,814131,764-4,895-4,861-16,769-212,895-166,4511,517-28,108-13,530-5,805-10,758
Financing Activities
Bank loans-4,7932164,577
Group/Directors Accounts13,640-61,45261,452-1,0461,046-1,0441,044
Other Short Term Loans
Long term loans-61,792-4,968-6,226-9,12577,143
Hire Purchase and Lease Commitments-113,904-27,894-27,894-25,570167,368
other long term liabilities-81,47581,475-312-3,584-3,3067,202
share issue15,000-12615,7797,3403,010
interest6,6415,952392239126-2,659-3,361-4,265-1,77482367644428415556
cash flow from financing20,2815,952-46,060239-118,911-35,521-37,391-19,650162,30882,298364-3,140-3,02213,6534,110
cash and cash equivalents
cash-20,586-66,51692,831-257,505103,283-84,57364,54169,053-30,978-4,96463,78729,03634,77916,89022,560
overdraft
change in cash-20,586-66,51692,831-257,505103,283-84,57364,54169,053-30,978-4,96463,78729,03634,77916,89022,560

blue star business solutions limited 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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Blue Star Business Solutions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for blue star business solutions limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in RG21 area or any other competitors across 12 key performance metrics.

blue star business solutions limited Ownership

BLUE STAR BUSINESS SOLUTIONS LIMITED group structure

Blue Star Business Solutions Limited has no subsidiary companies.

Ultimate parent company

MANX FINANCIAL GROUP PLC

#0060692

BRADBURN LTD

#0041735

2 parents

BLUE STAR BUSINESS SOLUTIONS LIMITED

05083649

BLUE STAR BUSINESS SOLUTIONS LIMITED Shareholders

manx ventures limited 100%

blue star business solutions limited directors

Blue Star Business Solutions Limited currently has 5 directors. The longest serving directors include Mr Marcus Gregory (Apr 2007) and Mr Denham Eke (Apr 2019).

officercountryagestartendrole
Mr Marcus GregoryEngland54 years Apr 2007- Director
Mr Denham EkeIsle Of Man73 years Apr 2019- Director
Mr Haseeb QureshiIsle Of Man36 years Jun 2019- Director
Mr Haseeb QureshiIsle Of Man36 years Jun 2019- Director
Mr James SmeedIsle Of Man40 years Apr 2024- Director

P&L

December 2023

turnover

2.7m

+43%

operating profit

-80.3k

0%

gross margin

49.5%

-13.87%

turnover

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

Balance Sheet

December 2023

net assets

370.5k

-0.17%

total assets

420.8k

-0.16%

cash

116.2k

-0.15%

net assets

Total assets minus all liabilities

blue star business solutions limited company details

company number

05083649

Type

Private limited with Share Capital

industry

64910 - Financial leasing

incorporation date

March 2004

age

21

incorporated

UK

ultimate parent company

MANX FINANCIAL GROUP PLC

accounts

Small Company

last accounts submitted

December 2023

previous names

blue star business finance limited (March 2009)

accountant

KPMG AUDIT LLC

auditor

-

address

fourth floor east, matrix house, basing view, basingstoke, hampshire, RG21 4FF

Bank

-

Legal Advisor

-

blue star business solutions 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 blue star business solutions limited. Currently there are 0 open charges and 3 have been satisfied in the past.

blue star business solutions 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 BLUE STAR BUSINESS SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.

blue star business solutions limited Companies House Filings - See Documents

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