baltic associates limited
baltic associates limited Company Information
Company Number
06233113
Website
-Registered Address
28 alexandra terrace, exmouth, EX8 1BD
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Directors
John Williams17 Years
Shareholders
john ashley williams 100%
baltic associates limited Estimated Valuation
Pomanda estimates the enterprise value of BALTIC ASSOCIATES LIMITED at £106.6k based on a Turnover of £190k and 0.56x industry multiple (adjusted for size and gross margin).
baltic associates limited Estimated Valuation
Pomanda estimates the enterprise value of BALTIC ASSOCIATES LIMITED at £6m based on an EBITDA of £1.4m and a 4.29x industry multiple (adjusted for size and gross margin).
baltic associates limited Estimated Valuation
Pomanda estimates the enterprise value of BALTIC ASSOCIATES LIMITED at £3.3m based on Net Assets of £1.3m and 2.57x industry multiple (adjusted for liquidity).
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Baltic Associates Limited Overview
Baltic Associates Limited is a live company located in exmouth, EX8 1BD with a Companies House number of 06233113. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 2007, it's largest shareholder is john ashley williams with a 100% stake. Baltic Associates Limited is a established, micro sized company, Pomanda has estimated its turnover at £190k with healthy growth in recent years.
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Baltic Associates Limited Health Check
Pomanda's financial health check has awarded Baltic Associates Limited a 5 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
3 Regular
2 Weak
Size
annual sales of £190k, make it smaller than the average company (£3.5m)
- Baltic Associates Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (4.5%)
- Baltic Associates Limited
4.5% - Industry AVG
Production
with a gross margin of 38.3%, this company has a comparable cost of product (38.3%)
- Baltic Associates Limited
38.3% - Industry AVG
Profitability
an operating margin of 731.4% make it more profitable than the average company (6.3%)
- Baltic Associates Limited
6.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (23)
1 - Baltic Associates Limited
23 - Industry AVG
Pay Structure
on an average salary of £47.3k, the company has an equivalent pay structure (£47.3k)
- Baltic Associates Limited
£47.3k - Industry AVG
Efficiency
resulting in sales per employee of £190k, this is more efficient (£150.5k)
- Baltic Associates Limited
£150.5k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is near the average (41 days)
- Baltic Associates Limited
41 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Baltic Associates Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Baltic Associates Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 47 weeks, this is more cash available to meet short term requirements (25 weeks)
47 weeks - Baltic Associates Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.8%, this is a lower level of debt than the average (62.3%)
15.8% - Baltic Associates Limited
62.3% - Industry AVG
BALTIC ASSOCIATES LIMITED financials
Baltic Associates Limited's latest turnover from May 2023 is estimated at £190 thousand and the company has net assets of £1.3 million. According to their latest financial statements, Baltic Associates Limited has 1 employee and maintains cash reserves of £222.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 284,636 | 142,594 | ||||||||||||
| Other Income Or Grants | 0 | 0 | ||||||||||||
| Cost Of Sales | 28,222 | 7,743 | ||||||||||||
| Gross Profit | 256,414 | 134,851 | ||||||||||||
| Admin Expenses | 268,334 | 129,944 | ||||||||||||
| Operating Profit | -11,920 | 4,907 | ||||||||||||
| Interest Payable | 0 | 0 | ||||||||||||
| Interest Receivable | 10,809 | 233 | ||||||||||||
| Pre-Tax Profit | -1,134 | -201 | ||||||||||||
| Tax | 0 | 0 | ||||||||||||
| Profit After Tax | -1,134 | -201 | ||||||||||||
| Dividends Paid | 0 | 0 | ||||||||||||
| Retained Profit | -1,134 | -201 | ||||||||||||
| Employee Costs | 254,000 | 109,000 | ||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| EBITDA* | -10,655 | 6,262 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,174 | 1,324 | 0 | 11,333 | 15,366 | 19,785 | 1,096 | 1,196 | 2,185 | 948 | 0 | 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 | 1,174 | 1,324 | 0 | 11,333 | 15,366 | 19,785 | 1,096 | 1,196 | 2,185 | 948 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 24,730 | 22,225 | 18,704 | 14,610 | 19,515 | 21,453 | 93,467 | 28,698 | 89,358 | 61,471 | 15,632 | 25,631 | 54,892 | 108,250 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 250 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,300,496 | 922,371 | 895,188 | 659,171 | 582,428 | 483,801 | 174,947 | 60,054 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 222,201 | 169,060 | 60,579 | 2,216 | 32,014 | 55,081 | 162,029 | 109,514 | 216,612 | 310,466 | 436,988 | 388,669 | 168,199 | 8,931 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,547,427 | 1,113,656 | 974,471 | 675,997 | 633,957 | 560,335 | 430,443 | 198,516 | 305,970 | 371,937 | 452,620 | 414,300 | 223,091 | 117,181 |
| total assets | 1,548,601 | 1,114,980 | 974,471 | 687,330 | 649,323 | 580,120 | 431,539 | 199,712 | 308,155 | 372,885 | 452,620 | 414,300 | 223,091 | 117,181 |
| 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 | 427 | 0 | 0 | 24,000 | 0 | 0 | 307,349 | 375,250 | 455,019 | 417,119 | 225,761 | 119,344 |
| 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 | 175,867 | 87,907 | 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 | 244,350 | 859,471 | 860,872 | 675,750 | 634,223 | 553,717 | 256,200 | 111,199 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 244,350 | 859,471 | 861,299 | 675,750 | 634,223 | 577,717 | 432,067 | 199,106 | 307,349 | 375,250 | 455,019 | 417,119 | 225,761 | 119,344 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 223 | 318 | 0 | 2,153 | 2,612 | 643 | 219 | 239 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 223 | 318 | 0 | 2,153 | 2,612 | 643 | 219 | 239 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 244,573 | 859,789 | 861,299 | 677,903 | 636,835 | 578,360 | 432,286 | 199,345 | 307,349 | 375,250 | 455,019 | 417,119 | 225,761 | 119,344 |
| net assets | 1,304,028 | 255,191 | 113,172 | 9,427 | 12,488 | 1,760 | -747 | 367 | 806 | -2,365 | -2,399 | -2,819 | -2,670 | -2,163 |
| total shareholders funds | 1,304,028 | 255,191 | 113,172 | 9,427 | 12,488 | 1,760 | -747 | 367 | 806 | -2,365 | -2,399 | -2,819 | -2,670 | -2,163 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -11,920 | 4,907 | ||||||||||||
| Depreciation | 706 | 491 | 578 | 4,033 | 4,419 | 1,311 | 1,265 | 1,355 | 1,130 | 474 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 380,630 | 30,704 | 240,111 | 71,838 | 96,689 | 236,840 | 179,412 | -356 | 27,887 | 45,839 | -9,999 | -29,261 | -53,358 | 108,250 |
| Creditors | 0 | -427 | 427 | 0 | -24,000 | 24,000 | 0 | -307,349 | -67,901 | -79,769 | 37,900 | 191,358 | 106,417 | 119,344 |
| Accruals and Deferred Income | -615,121 | -1,401 | 185,122 | 41,527 | 80,506 | 297,517 | 145,001 | 111,199 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -95 | 318 | -2,153 | -459 | 1,969 | 424 | -20 | 239 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -45,086 | -189,293 | ||||||||||||
| 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 | -175,867 | 87,960 | 87,907 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 10,809 | 233 | ||||||||||||
| cash flow from financing | 98,789 | 87,902 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 53,141 | 108,481 | 58,363 | -29,798 | -23,067 | -106,948 | 52,515 | -107,098 | -93,854 | -126,522 | 48,319 | 220,470 | 159,268 | 8,931 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 53,141 | 108,481 | 58,363 | -29,798 | -23,067 | -106,948 | 52,515 | -107,098 | -93,854 | -126,522 | 48,319 | 220,470 | 159,268 | 8,931 |
baltic associates limited Credit Report and Business Information
Baltic Associates Limited Competitor Analysis
Perform a competitor analysis for baltic associates limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in EX8 area or any other competitors across 12 key performance metrics.
baltic associates limited Ownership
BALTIC ASSOCIATES LIMITED group structure
Baltic Associates Limited has no subsidiary companies.
Ultimate parent company
BALTIC ASSOCIATES LIMITED
06233113
baltic associates limited directors
Baltic Associates Limited currently has 1 director, Mr John Williams serving since May 2007.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Williams | United Kingdom | 57 years | May 2007 | - | Director |
P&L
May 2023turnover
190k
+17%
operating profit
1.4m
0%
gross margin
38.3%
-0.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
1.3m
+4.11%
total assets
1.5m
+0.39%
cash
222.2k
+0.31%
net assets
Total assets minus all liabilities
baltic associates limited company details
company number
06233113
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
May 2007
age
17
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
THOMPSON JENNER LLP
auditor
-
address
28 alexandra terrace, exmouth, EX8 1BD
Bank
-
Legal Advisor
-
baltic associates 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 baltic associates limited.
baltic associates limited Companies House Filings - See Documents
| date | description | view/download |
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