buddi limited

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buddi limited Company Information

Share BUDDI LIMITED

Company Number

05308826

Shareholders

big technologies

murray

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Group Structure

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Industry

Manufacture of other electrical equipment

 

Registered Address

talbot house 17 church street, rickmansworth, hertfordshire, WD3 1DE

buddi limited Estimated Valuation

£96.1m

Pomanda estimates the enterprise value of BUDDI LIMITED at £96.1m based on a Turnover of £50.9m and 1.89x industry multiple (adjusted for size and gross margin).

buddi limited Estimated Valuation

£264.7m

Pomanda estimates the enterprise value of BUDDI LIMITED at £264.7m based on an EBITDA of £19.8m and a 13.39x industry multiple (adjusted for size and gross margin).

buddi limited Estimated Valuation

£96.3m

Pomanda estimates the enterprise value of BUDDI LIMITED at £96.3m based on Net Assets of £48m and 2.01x industry multiple (adjusted for liquidity).

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Buddi Limited Overview

Buddi Limited is a live company located in hertfordshire, WD3 1DE with a Companies House number of 05308826. It operates in the manufacture of other electrical equipment sector, SIC Code 27900. Founded in December 2004, it's largest shareholder is big technologies with a 100% stake. Buddi Limited is a mature, large sized company, Pomanda has estimated its turnover at £50.9m with high growth in recent years.

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Buddi Limited Health Check

Pomanda's financial health check has awarded Buddi Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

9 Strong

positive_score

0 Regular

positive_score

3 Weak

size

Size

annual sales of £50.9m, make it larger than the average company (£13.5m)

£50.9m - Buddi Limited

£13.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (6.7%)

21% - Buddi Limited

6.7% - Industry AVG

production

Production

with a gross margin of 69.5%, this company has a lower cost of product (35.5%)

69.5% - Buddi Limited

35.5% - Industry AVG

profitability

Profitability

an operating margin of 32.1% make it more profitable than the average company (6.3%)

32.1% - Buddi Limited

6.3% - Industry AVG

employees

Employees

with 96 employees, this is above the industry average (79)

96 - Buddi Limited

79 - Industry AVG

paystructure

Pay Structure

on an average salary of £177.9k, the company has a higher pay structure (£51k)

£177.9k - Buddi Limited

£51k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £530.3k, this is more efficient (£182.8k)

£530.3k - Buddi Limited

£182.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 36 days, this is earlier than average (61 days)

36 days - Buddi Limited

61 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 24 days, this is quicker than average (43 days)

24 days - Buddi Limited

43 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 169 days, this is more than average (113 days)

169 days - Buddi Limited

113 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 177 weeks, this is more cash available to meet short term requirements (14 weeks)

177 weeks - Buddi Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 16.3%, this is a lower level of debt than the average (42.9%)

16.3% - Buddi Limited

42.9% - Industry AVG

BUDDI LIMITED financials

EXPORTms excel logo

Buddi Limited's latest turnover from December 2023 is £50.9 million and the company has net assets of £48 million. According to their latest financial statements, Buddi Limited has 96 employees and maintains cash reserves of £30.6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover50,912,00045,815,00029,340,00028,952,00018,052,21011,048,9115,128,8693,803,4532,034,3174,063,6312,472,7701,227,7731,140,225275,047
Other Income Or Grants
Cost Of Sales15,555,00012,845,0009,960,0009,461,0003,387,9882,142,3703,331,1672,429,7281,323,6442,672,1561,669,708820,382755,236179,902
Gross Profit35,357,00032,970,00019,380,00019,491,00014,664,2228,906,5411,797,7031,373,725710,6731,391,475803,062407,392384,98995,145
Admin Expenses19,011,00013,125,00010,168,0005,631,0008,471,9636,807,8902,152,6052,315,7919,769,271-9,181,7652,283,9101,976,1971,720,469823,9741,950,196
Operating Profit16,346,00019,845,0009,212,00013,860,0006,192,2592,098,651-354,902-942,066-9,058,59810,573,240-1,480,848-1,568,805-1,335,480-728,829-1,950,196
Interest Payable41,00025,00028,00041,25019,5003,7443,89433,78834,9471,158
Interest Receivable1,736,000238,0008,00018,1464,0022,6682,9275,2154,9214,2745,2331,603196
Pre-Tax Profit18,041,00020,058,0009,184,00013,868,0006,210,4052,057,401-370,400-943,142-9,059,56410,578,456-1,475,927-1,564,531-1,364,035-762,173-1,951,158
Tax-1,283,000-804,000-153,000-799,000-371,327326,880-2,221,476
Profit After Tax16,758,00019,254,0009,031,00013,069,0005,839,0782,384,281-370,400-943,142-9,059,5648,356,980-1,475,927-1,564,531-1,364,035-762,173-1,951,158
Dividends Paid38,778,0001,000,000
Retained Profit-22,020,00019,254,0009,031,00012,069,0005,839,0782,384,281-370,400-943,142-9,059,5648,356,980-1,475,927-1,564,531-1,364,035-762,173-1,951,158
Employee Costs17,076,00012,097,0007,579,0004,010,0003,791,4323,648,6752,209,6421,897,528531,8941,001,375623,516323,120278,83268,990
Number Of Employees9686847374635348142717982
EBITDA*19,769,00021,729,00010,330,00014,965,0007,630,2163,547,090-354,902-875,097-8,924,72710,738,492-1,361,300-1,523,982-1,330,480-728,398-1,949,961

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets4,897,0004,029,0001,789,0001,192,0001,142,8531,041,32865,35973,345108,616217,643189,53883,61791,2353,180235
Intangible Assets
Investments & Other3,006,0001,035,00020,0004,000144,816289,644434,472579,300724,128
Debtors (Due After 1 year)583,0001,684,0001,612,0001,762,0001,037,613
Total Fixed Assets8,486,0006,748,0003,421,0002,958,0002,180,4661,041,3281,326,375362,989543,088796,943913,66683,61791,2353,180235
Stock & work in progress7,206,0006,818,0003,079,0002,137,0001,814,4901,693,9941,316,932804,700670,942393,67678,505103,899224,12135,590
Trade Debtors5,121,0005,367,0003,891,0002,070,0001,871,0021,084,142825,158520,632413,856773,682472,942218,314150,03618,53060,795
Group Debtors5,554,0002,843,0001,191,0002,582,0002,450,519539,02140,896
Misc Debtors387,000980,0001,590,000520,000465,866239,471235,728209,119454,54744,686547
Cash30,594,00043,256,00025,073,00016,761,0005,457,4852,576,861340,3801,260,347874,217296,7751,789,394178,9371,530,636562,50978,538
misc current assets600
total current assets48,862,00059,264,00034,824,00024,070,00012,059,3626,133,4892,759,0942,795,3982,413,5621,464,1332,340,841501,1501,904,793661,315139,880
total assets57,348,00066,012,00038,245,00027,028,00014,239,8287,174,8174,085,4693,158,3872,956,6502,261,0763,254,507584,7671,996,028664,495140,115
Bank overdraft2
Bank loan
Trade Creditors 1,027,0001,942,0001,760,000552,000792,394427,509562,486421,473224,6711,016,046759,672388,847385,577148,467143,872
Group/Directors Accounts4,870,000452,000500,000507,0002,4012,4012,4012,4012,401
other short term finances36,882600,000119,805
hp & lease commitments
other current liabilities3,063,0003,750,0002,197,0002,625,0002,169,0212,140,291737,127531,782783,769101,85223,890
total current liabilities8,960,0006,144,0004,457,0003,684,0002,963,8162,607,0831,902,016955,6561,130,6461,016,046759,672388,847385,577250,319167,762
loans1,039,63935,643
hp & lease commitments
Accruals and Deferred Income
other liabilities150,000150,000
provisions389,000800,000
total long term liabilities389,000800,000150,000150,0001,039,63935,643
total liabilities9,349,0006,944,0004,457,0003,684,0002,963,8162,607,0831,902,016955,6561,130,6461,016,046909,672538,847385,5771,289,958203,405
net assets47,999,00059,068,00033,788,00023,344,00011,276,0124,567,7342,183,4532,202,7311,826,0041,245,0302,344,83545,9201,610,451-625,463-63,290
total shareholders funds47,999,00059,068,00033,788,00023,344,00011,276,0124,567,7342,183,4532,202,7311,826,0041,245,0302,344,83545,9201,610,451-625,463-63,290
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit16,346,00019,845,0009,212,00013,860,0006,192,2592,098,651-354,902-942,066-9,058,59810,573,240-1,480,848-1,568,805-1,335,480-728,829-1,950,196
Depreciation3,423,0001,884,0001,118,0001,105,0001,437,9571,448,43966,969133,871165,252119,54844,8235,000431235
Amortisation
Tax-1,283,000-804,000-153,000-799,000-371,327326,880-2,221,476
Stock388,0003,739,000942,000322,510120,496377,062512,232133,758277,266315,171-25,394-120,222188,53135,590
Debtors771,0002,590,0001,350,0001,109,0003,962,366760,852372,031-138,65294,721300,740254,62868,27886,8201,87461,342
Creditors-915,000182,0001,208,000-240,394364,885-134,977141,013196,802-791,375256,374370,8253,270237,1104,595143,872
Accruals and Deferred Income-687,0001,553,000-428,000455,97928,7301,403,164205,345-251,987783,769-101,85277,96223,890
Deferred Taxes & Provisions-411,000800,000
Cash flow from operations15,314,00017,131,0008,665,00012,950,0753,569,6424,004,243-892,807-925,388-9,304,3208,157,479-1,219,709-1,468,768-1,470,573-683,305-1,843,541
Investing Activities
capital expenditure-1,308,2097,986-31,698-24,844-193,357-225,469-37,205-93,055-3,376-470
Change in Investments1,971,0001,015,00016,0004,000-144,816-144,828-144,828-144,828-144,828724,128
cash flow from investments-1,971,000-1,015,000-16,000-4,000-1,163,393152,814113,130119,984-48,529-949,597-37,205-93,055-3,376-470
Financing Activities
Bank loans
Group/Directors Accounts4,418,000-48,000-7,000504,5992,401
Other Short Term Loans -36,882-563,118600,000-119,805119,805
Long term loans-1,039,6391,003,99635,643
Hire Purchase and Lease Commitments
other long term liabilities-150,000150,000
share issue10,951,0006,026,0001,413,000-1,012869,200351,1221,319,8699,640,538-9,456,7853,774,8423,599,949200,0001,887,868
interest1,695,000213,000-28,0008,00018,146-41,250-15,498-1,076-9675,2154,9214,274-28,555-33,344-962
cash flow from financing17,064,0006,191,0001,378,000511,587850,464-604,368935,6241,198,9889,761,777-9,601,5703,779,763154,2742,531,7551,170,6521,922,549
cash and cash equivalents
cash-12,662,00018,183,0008,312,00011,303,5152,880,6242,236,481-919,967386,130577,442-1,492,6191,610,457-1,351,699968,127483,97178,538
overdraft-22
change in cash-12,662,00018,183,0008,312,00011,303,5152,880,6242,236,483-919,969386,130577,442-1,492,6191,610,457-1,351,699968,127483,97178,538

buddi 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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Buddi Limited Competitor Analysis

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Perform a competitor analysis for buddi limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in WD3 area or any other competitors across 12 key performance metrics.

buddi limited Ownership

BUDDI LIMITED group structure

Buddi Limited has 1 subsidiary company.

Ultimate parent company

1 parent

BUDDI LIMITED

05308826

1 subsidiary

BUDDI LIMITED Shareholders

big technologies 100%
murray 0%
morris 0%
lewinton 0%

buddi limited directors

Buddi Limited currently has 3 directors. The longest serving directors include Dr Sara Murray (Dec 2004) and Mr Charles Lewinton (Jan 2017).

officercountryagestartendrole
Dr Sara MurrayEngland56 years Dec 2004- Director
Mr Charles LewintonUnited Kingdom43 years Jan 2017- Director
Mr Daren MorrisEngland55 years Nov 2021- Director

P&L

December 2023

turnover

50.9m

+11%

operating profit

16.3m

-18%

gross margin

69.5%

-3.5%

turnover

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

Balance Sheet

December 2023

net assets

48m

-0.19%

total assets

57.3m

-0.13%

cash

30.6m

-0.29%

net assets

Total assets minus all liabilities

buddi limited company details

company number

05308826

Type

Private limited with Share Capital

industry

27900 - Manufacture of other electrical equipment

incorporation date

December 2004

age

21

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

CROWE UK LLP

address

talbot house 17 church street, rickmansworth, hertfordshire, WD3 1DE

Bank

HSBC BANK PLC

Legal Advisor

-

buddi 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 did not find charges/mortgages relating to buddi limited.

buddi 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.

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buddi limited Companies House Filings - See Documents

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