good news (burton) ltd
good news (burton) ltd Company Information
Company Number
06164441
Website
-Registered Address
14 high street, burton on trent, DE14 1HU
Industry
Retail sale of newspapers and stationery in specialised stores
Telephone
01283519137
Next Accounts Due
December 2024
Group Structure
View All
Directors
Shaid Hussain17 Years
Shareholders
shaid hussain 100%
good news (burton) ltd Estimated Valuation
Pomanda estimates the enterprise value of GOOD NEWS (BURTON) LTD at £17.4k based on a Turnover of £81.3k and 0.21x industry multiple (adjusted for size and gross margin).
good news (burton) ltd Estimated Valuation
Pomanda estimates the enterprise value of GOOD NEWS (BURTON) LTD at £1.4k based on an EBITDA of £634 and a 2.17x industry multiple (adjusted for size and gross margin).
good news (burton) ltd Estimated Valuation
Pomanda estimates the enterprise value of GOOD NEWS (BURTON) LTD at £101.2k based on Net Assets of £27k and 3.75x industry multiple (adjusted for liquidity).
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Good News (burton) Ltd Overview
Good News (burton) Ltd is a live company located in burton on trent, DE14 1HU with a Companies House number of 06164441. It operates in the retail sale of newspapers and stationery in specialised stores sector, SIC Code 47620. Founded in March 2007, it's largest shareholder is shaid hussain with a 100% stake. Good News (burton) Ltd is a established, micro sized company, Pomanda has estimated its turnover at £81.3k with declining growth in recent years.
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Good News (burton) Ltd Health Check
Pomanda's financial health check has awarded Good News (Burton) Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £81.3k, make it smaller than the average company (£246.9k)
- Good News (burton) Ltd
£246.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (-3.4%)
- Good News (burton) Ltd
-3.4% - Industry AVG
Production
with a gross margin of 26.5%, this company has a higher cost of product (38.3%)
- Good News (burton) Ltd
38.3% - Industry AVG
Profitability
an operating margin of 0.8% make it less profitable than the average company (7.5%)
- Good News (burton) Ltd
7.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Good News (burton) Ltd
6 - Industry AVG
Pay Structure
on an average salary of £16.9k, the company has an equivalent pay structure (£16.9k)
- Good News (burton) Ltd
£16.9k - Industry AVG
Efficiency
resulting in sales per employee of £27.1k, this is less efficient (£90.4k)
- Good News (burton) Ltd
£90.4k - Industry AVG
Debtor Days
it gets paid by customers after 219 days, this is later than average (48 days)
- Good News (burton) Ltd
48 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (53 days)
- Good News (burton) Ltd
53 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Good News (burton) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Good News (burton) Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.4%, this is a lower level of debt than the average (64.5%)
56.4% - Good News (burton) Ltd
64.5% - Industry AVG
GOOD NEWS (BURTON) LTD financials
Good News (Burton) Ltd's latest turnover from March 2023 is estimated at £81.3 thousand and the company has net assets of £27 thousand. According to their latest financial statements, Good News (Burton) Ltd has 3 employees and maintains cash reserves of 0 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 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 472,742 | 551,696 | ||||||||||||
| Other Income Or Grants | 0 | 0 | ||||||||||||
| Cost Of Sales | 407,753 | 478,290 | ||||||||||||
| Gross Profit | 64,989 | 73,406 | ||||||||||||
| Admin Expenses | 61,042 | 71,119 | ||||||||||||
| Operating Profit | 3,947 | 2,287 | ||||||||||||
| Interest Payable | 0 | 0 | ||||||||||||
| Interest Receivable | 0 | 0 | ||||||||||||
| Pre-Tax Profit | 3,947 | 2,287 | ||||||||||||
| Tax | -829 | -480 | ||||||||||||
| Profit After Tax | 3,118 | 1,807 | ||||||||||||
| Dividends Paid | 0 | 0 | ||||||||||||
| Retained Profit | 3,118 | 1,807 | ||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | ||||||||||
| EBITDA* | 3,947 | 2,287 |
* 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 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 12,882 | 0 | 0 | 0 | 0 | 0 | 839 | 1,855 | 2,873 | 3,890 | 894 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 12,882 | 0 | 0 | 0 | 0 | 0 | 839 | 1,855 | 2,873 | 3,890 | 894 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30,000 | 30,000 | 24,000 | 35,000 | 26,000 | 24,000 | 16,000 |
| Trade Debtors | 48,947 | 72,934 | 80,463 | 38,908 | 71,916 | 56,533 | 47,758 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,973 | 15,515 | 9,588 | 3,621 | 8,045 | 14,572 | 2,757 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 48,947 | 72,934 | 80,463 | 38,908 | 71,916 | 56,533 | 47,758 | 43,973 | 45,515 | 33,588 | 38,621 | 34,045 | 38,572 | 18,757 |
| total assets | 61,829 | 72,934 | 80,463 | 38,908 | 71,916 | 56,533 | 48,597 | 45,828 | 48,388 | 37,478 | 39,515 | 34,045 | 38,572 | 18,757 |
| 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 | 404 | 2,187 | 4,563 | 2,675 | 23,332 | 15,549 | 17,737 | 14,628 | 21,496 | 21,342 | 16,706 | 15,830 | 800 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28,554 | 12,657 |
| total current liabilities | 404 | 2,187 | 4,563 | 2,675 | 23,332 | 15,549 | 17,737 | 14,628 | 21,496 | 21,342 | 16,706 | 15,830 | 29,354 | 12,657 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 34,457 | 44,293 | 50,000 | 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 | 34,457 | 44,293 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 34,861 | 46,480 | 54,563 | 2,675 | 23,332 | 15,549 | 17,737 | 14,628 | 21,496 | 21,342 | 16,706 | 15,830 | 29,354 | 12,657 |
| net assets | 26,968 | 26,454 | 25,900 | 36,233 | 48,584 | 40,984 | 30,860 | 31,200 | 26,892 | 16,136 | 22,809 | 18,215 | 9,218 | 6,100 |
| total shareholders funds | 26,968 | 26,454 | 25,900 | 36,233 | 48,584 | 40,984 | 30,860 | 31,200 | 26,892 | 16,136 | 22,809 | 18,215 | 9,218 | 6,100 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 3,947 | 2,287 | ||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 1,018 | 1,017 | 972 | 224 | 0 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | -829 | -480 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -30,000 | 0 | 6,000 | -11,000 | 9,000 | 2,000 | 8,000 | 16,000 |
| Debtors | -23,987 | -7,529 | 41,555 | -33,008 | 15,383 | 8,775 | 47,758 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | -1,783 | -2,376 | 1,888 | -20,657 | 7,783 | -2,188 | 3,109 | -6,868 | 154 | 4,636 | 876 | 15,030 | 800 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -28,554 | 15,897 | 12,657 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 11,815 | -1,536 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 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 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 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 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -9,836 | -5,707 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | ||||||||||||
| cash flow from financing | 0 | 4,293 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -13,973 | -1,542 | 5,927 | 5,967 | -4,424 | -6,527 | 11,815 | 2,757 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -13,973 | -1,542 | 5,927 | 5,967 | -4,424 | -6,527 | 11,815 | 2,757 |
good news (burton) ltd Credit Report and Business Information
Good News (burton) Ltd Competitor Analysis
Perform a competitor analysis for good news (burton) ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in DE14 area or any other competitors across 12 key performance metrics.
good news (burton) ltd Ownership
GOOD NEWS (BURTON) LTD group structure
Good News (Burton) Ltd has no subsidiary companies.
Ultimate parent company
GOOD NEWS (BURTON) LTD
06164441
good news (burton) ltd directors
Good News (Burton) Ltd currently has 1 director, Mr Shaid Hussain serving since Mar 2007.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Shaid Hussain | United Kingdom | 48 years | Mar 2007 | - | Director |
P&L
March 2023turnover
81.3k
-24%
operating profit
634.6
0%
gross margin
26.6%
+42.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
27k
+0.02%
total assets
61.8k
-0.15%
cash
0
0%
net assets
Total assets minus all liabilities
good news (burton) ltd company details
company number
06164441
Type
Private limited with Share Capital
industry
47620 - Retail sale of newspapers and stationery in specialised stores
incorporation date
March 2007
age
17
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
14 high street, burton on trent, DE14 1HU
accountant
-
auditor
-
good news (burton) ltd 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 good news (burton) ltd.
good news (burton) ltd Companies House Filings - See Documents
| date | description | view/download |
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