Pomanda estimates the enterprise value of LEEK BEARINGS LIMITED at £82.3k based on a Turnover of £188k and 0.44x industry multiple (adjusted for size and gross margin).
leek bearings limitedEstimated Valuation
£25.3k
Pomanda estimates the enterprise value of LEEK BEARINGS LIMITED at £25.3k based on an EBITDA of £5.3k and a 4.74x industry multiple (adjusted for size and gross margin).
leek bearings limitedEstimated Valuation
£7.4k
Pomanda estimates the enterprise value of LEEK BEARINGS LIMITED at £7.4k based on Net Assets of £2.7k and 2.77x industry multiple (adjusted for liquidity).
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Leek Bearings LimitedOverview
Leek Bearings Limited is a live company located in staffordshire, ST13 8BU with a Companies House number of 06471164. It operates in the wholesale of machine tools sector, SIC Code 46620. Founded in January 2008, it's largest shareholder is
ian whitehurst
with a 66.7% stake. Leek Bearings Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£188k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Leek Bearings Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
3 Strong
2 Regular
7 Weak
Size
annual sales of £188k, make it smaller than the average company (£17.3m)
£188k - Leek Bearings Limited
£17.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (8.5%)
11% - Leek Bearings Limited
8.5% - Industry AVG
Production
with a gross margin of 34%, this company has a comparable cost of product (34%)
34% - Leek Bearings Limited
34% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (6.7%)
2.1% - Leek Bearings Limited
6.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (46)
2 - Leek Bearings Limited
46 - Industry AVG
Pay Structure
on an average salary of £44.8k, the company has an equivalent pay structure (£44.8k)
£44.8k - Leek Bearings Limited
£44.8k - Industry AVG
Efficiency
resulting in sales per employee of £94k, this is less efficient (£276.2k)
£94k - Leek Bearings Limited
£276.2k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is earlier than average (66 days)
33 days - Leek Bearings Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (45 days)
28 days - Leek Bearings Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 44 days, this is less than average (100 days)
44 days - Leek Bearings Limited
100 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
0 weeks - Leek Bearings Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.5%, this is a higher level of debt than the average (47.4%)
93.5% - Leek Bearings Limited
47.4% - Industry AVG
LEEK BEARINGS LIMITED financials
EXPORT
Leek Bearings Limited's latest turnover from February 2024 is estimated at £188 thousand and the company has net assets of £2.7 thousand. According to their latest financial statements, Leek Bearings Limited has 2 employees and maintains cash reserves of £309 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Turnover
187,964
153,875
141,936
139,034
175,968
182,223
167,001
161,347
170,539
90,525
87,323
106,140
96,723
106,282
188,888
Other Income Or Grants
Cost Of Sales
124,140
107,115
97,448
98,094
123,469
126,194
116,492
112,760
118,015
61,642
59,438
71,701
63,071
71,889
125,237
Gross Profit
63,824
46,760
44,488
40,939
52,499
56,029
50,509
48,588
52,524
28,883
27,885
34,438
33,651
34,394
63,651
Admin Expenses
59,838
52,349
62,885
34,505
55,741
53,281
33,388
41,534
52,104
25,642
27,152
36,256
31,217
33,362
63,304
Operating Profit
3,986
-5,589
-18,397
6,434
-3,242
2,748
17,121
7,054
420
3,241
733
-1,818
2,434
1,032
347
Interest Payable
876
1,278
324
165
512
512
578
666
290
Interest Receivable
8
23
5
3
11
10
3
Pre-Tax Profit
3,117
-6,867
-18,698
6,274
-3,754
2,236
16,543
6,389
133
3,252
743
-1,815
2,434
1,032
347
Tax
-779
-1,192
-425
-3,143
-1,278
-26
-683
-171
-633
-289
-97
Profit After Tax
2,338
-6,867
-18,698
5,082
-3,754
1,811
13,400
5,111
106
2,569
572
-1,815
1,801
743
250
Dividends Paid
Retained Profit
2,338
-6,867
-18,698
5,082
-3,754
1,811
13,400
5,111
106
2,569
572
-1,815
1,801
743
250
Employee Costs
89,678
84,348
86,180
82,444
82,651
80,999
79,128
75,956
73,013
36,275
34,573
39,196
37,668
36,371
70,659
Number Of Employees
2
2
2
2
2
2
2
2
2
1
1
1
1
1
2
EBITDA*
5,337
-4,238
-17,046
7,785
-1,891
4,100
18,473
8,406
1,772
4,594
2,086
-464
3,789
2,387
353
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Tangible Assets
3
4
5
6
7
8
10
12
14
16
19
22
26
31
36
Intangible Assets
8,100
9,450
10,800
12,150
13,500
14,850
16,200
17,550
18,900
20,250
21,600
22,950
24,300
25,650
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
8,103
9,454
10,805
12,156
13,507
14,858
16,210
17,562
18,914
20,266
21,619
22,972
24,326
25,681
36
Stock & work in progress
15,000
15,000
15,000
15,000
15,000
15,000
15,000
15,000
15,000
17,000
17,000
17,000
17,000
17,000
17,000
Trade Debtors
17,376
10,339
9,134
10,428
15,032
11,561
13,861
9,424
16,410
12,819
10,202
13,356
14,026
16,083
37,952
Group Debtors
Misc Debtors
1,742
9,623
10,747
11,225
6,149
12,323
Cash
309
9,364
1,233
3,051
1,004
95
misc current assets
total current assets
32,685
25,339
25,876
44,415
40,779
37,786
35,010
36,747
31,410
31,052
30,253
31,360
31,121
33,083
54,952
total assets
40,788
34,793
36,681
56,571
54,286
52,644
51,220
54,309
50,324
51,318
51,872
54,332
55,447
58,764
54,988
Bank overdraft
15,581
9,971
5,411
9,768
5,412
12,371
8,926
Bank loan
Trade Creditors
9,581
7,285
6,270
8,929
9,173
8,542
10,436
5,908
9,373
47,195
50,318
53,350
52,650
57,768
54,735
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
28,555
11,613
13,259
21,763
18,905
9,783
12,632
26,690
27,796
total current liabilities
38,136
34,479
29,500
30,692
33,489
28,093
28,480
44,969
46,095
47,195
50,318
53,350
52,650
57,768
54,735
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
38,136
34,479
29,500
30,692
33,489
28,093
28,480
44,969
46,095
47,195
50,318
53,350
52,650
57,768
54,735
net assets
2,652
314
7,181
25,879
20,797
24,551
22,740
9,340
4,229
4,123
1,554
982
2,797
996
253
total shareholders funds
2,652
314
7,181
25,879
20,797
24,551
22,740
9,340
4,229
4,123
1,554
982
2,797
996
253
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Operating Activities
Operating Profit
3,986
-5,589
-18,397
6,434
-3,242
2,748
17,121
7,054
420
3,241
733
-1,818
2,434
1,032
347
Depreciation
1
1
1
1
1
2
2
2
2
3
3
4
5
5
6
Amortisation
1,350
1,350
1,350
1,350
1,350
1,350
1,350
1,350
1,350
1,350
1,350
1,350
1,350
1,350
Tax
-779
-1,192
-425
-3,143
-1,278
-26
-683
-171
-633
-289
-97
Stock
-2,000
17,000
Debtors
7,037
-537
-9,175
-5,728
2,993
2,776
-1,737
5,337
3,591
2,617
-3,154
-670
-2,057
-21,869
37,952
Creditors
2,296
1,015
-2,659
-244
631
-1,894
4,528
-3,465
-37,822
-3,123
-3,032
700
-5,118
3,033
54,735
Accruals and Deferred Income
16,942
-1,646
-8,504
2,858
9,122
-2,849
-14,058
-1,106
27,796
Deferred Taxes & Provisions
Cash flow from operations
16,759
-4,332
-19,034
14,935
4,869
-3,844
7,537
-2,780
-9,871
-1,829
2,037
906
95
27,000
39
Investing Activities
capital expenditure
-27,000
-42
Change in Investments
cash flow from investments
-27,000
-42
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
3
interest
-868
-1,278
-301
-160
-512
-512
-578
-666
-287
11
10
3
cash flow from financing
-868
-1,278
-301
-160
-512
-512
-578
-666
-287
11
10
3
3
cash and cash equivalents
cash
309
-9,364
9,364
-1,233
-1,818
2,047
909
95
overdraft
-15,581
5,610
9,971
-5,411
-4,357
4,356
-6,959
3,445
8,926
change in cash
15,890
-5,610
-19,335
14,775
4,357
-4,356
6,959
-3,445
-10,159
-1,818
2,047
909
95
leek bearings limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for leek bearings limited. Get real-time insights into leek bearings limited's credit score, group structure and payment trends.
Perform a competitor analysis for leek bearings limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in ST13 area or any other competitors across 12 key performance metrics.
leek bearings limited Ownership
LEEK BEARINGS LIMITED group structure
Leek Bearings Limited has no subsidiary companies.
Ultimate parent company
LEEK BEARINGS LIMITED
06471164
LEEK BEARINGS LIMITED Shareholders
The largest shareholders in Leek Bearings Limited include Ian Whitehurst and Jonathan Richard Skerratt.
ian whitehurst
66.67%
jonathan richard skerratt
33.33%
leek bearings limited directors
Leek Bearings Limited currently has 2 directors.
The longest serving directors include
Mr Ian Whitehurst (Jan 2008) and
Mr Jonathan Skerratt (Jan 2008).
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 leek bearings limited.
leek bearings 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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leek bearings limitedCompanies House Filings - See Documents
