bablas limited
bablas limited Company Information
Company Number
06505130
Website
www.bablas.co.ukRegistered Address
517 high road, wembley, middlesex, HA0 2DH
Industry
Retail sale of watches and jewellery in specialised stores
Telephone
02089009229
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
bharat babla 34%
premal babla 33%
View Allbablas limited Estimated Valuation
Pomanda estimates the enterprise value of BABLAS LIMITED at £415.1k based on a Turnover of £1m and 0.4x industry multiple (adjusted for size and gross margin).
bablas limited Estimated Valuation
Pomanda estimates the enterprise value of BABLAS LIMITED at £83.6k based on an EBITDA of £25k and a 3.35x industry multiple (adjusted for size and gross margin).
bablas limited Estimated Valuation
Pomanda estimates the enterprise value of BABLAS LIMITED at £739.3k based on Net Assets of £244.5k and 3.02x industry multiple (adjusted for liquidity).
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Bablas Limited Overview
Bablas Limited is a live company located in middlesex, HA0 2DH with a Companies House number of 06505130. It operates in the retail sale of watches and jewellery in specialised stores sector, SIC Code 47770. Founded in February 2008, it's largest shareholder is bharat babla with a 34% stake. Bablas Limited is a established, small sized company, Pomanda has estimated its turnover at £1m with high growth in recent years.
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Bablas Limited Health Check
Pomanda's financial health check has awarded Bablas Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £1m, make it smaller than the average company (£10m)
- Bablas Limited
£10m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (11.3%)
- Bablas Limited
11.3% - Industry AVG
Production
with a gross margin of 34.8%, this company has a comparable cost of product (34.8%)
- Bablas Limited
34.8% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (9%)
- Bablas Limited
9% - Industry AVG
Employees
with 11 employees, this is below the industry average (24)
11 - Bablas Limited
24 - Industry AVG
Pay Structure
on an average salary of £33.8k, the company has an equivalent pay structure (£33.8k)
- Bablas Limited
£33.8k - Industry AVG
Efficiency
resulting in sales per employee of £94.9k, this is less efficient (£206.7k)
- Bablas Limited
£206.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Bablas Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (38 days)
- Bablas Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 94 days, this is less than average (187 days)
- Bablas Limited
187 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 42 weeks, this is more cash available to meet short term requirements (21 weeks)
42 weeks - Bablas Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.6%, this is a lower level of debt than the average (55.2%)
34.6% - Bablas Limited
55.2% - Industry AVG
BABLAS LIMITED financials
Bablas Limited's latest turnover from May 2023 is estimated at £1 million and the company has net assets of £244.5 thousand. According to their latest financial statements, Bablas Limited has 11 employees and maintains cash reserves of £106.1 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 | 574,341 | 430,767 | 566,560 | 511,314 | ||||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 377,203 | 290,470 | 387,262 | 415,310 | ||||||||||
| Gross Profit | 197,138 | 140,297 | 179,298 | 96,004 | ||||||||||
| Admin Expenses | 150,830 | 108,347 | ||||||||||||
| Operating Profit | 46,308 | 31,950 | ||||||||||||
| Interest Payable | 20 | 0 | 0 | 0 | ||||||||||
| Interest Receivable | 0 | 0 | 0 | 0 | ||||||||||
| Pre-Tax Profit | 46,288 | 31,950 | 86,164 | 22,213 | ||||||||||
| Tax | -7,209 | 1,270 | -18,213 | -4,863 | ||||||||||
| Profit After Tax | 39,079 | 33,220 | 67,951 | 17,350 | ||||||||||
| Dividends Paid | 38,700 | 30,000 | 45,540 | 37,119 | ||||||||||
| Retained Profit | 379 | 3,220 | 22,411 | -19,769 | ||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 11 | 11 | 9 | 9 | 9 | 10 | 10 | 10 | ||||||
| EBITDA* | 62,951 | 44,833 |
* 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 | 85,212 | 85,750 | 106,709 | 83,414 | 85,556 | 68,460 | 39,212 | 41,349 | 33,878 | 40,574 | 48,424 | 37,219 | 40,870 | 316 |
| Intangible Assets | 4,800 | 5,760 | 6,720 | 7,680 | 8,640 | 9,600 | 10,560 | 11,520 | 12,480 | 13,440 | 14,400 | 15,360 | 16,320 | 17,280 |
| 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 | 90,012 | 91,510 | 113,429 | 91,094 | 94,196 | 78,060 | 49,772 | 52,869 | 46,358 | 54,014 | 62,824 | 52,579 | 57,190 | 17,596 |
| Stock & work in progress | 175,412 | 170,402 | 146,374 | 146,388 | 171,060 | 178,932 | 151,419 | 97,600 | 48,893 | 47,950 | 34,882 | 39,799 | 47,000 | 46,784 |
| Trade Debtors | 0 | 0 | 2,324 | 52 | 898 | 17,109 | 30,367 | 5,175 | 5,285 | 5,285 | 4,657 | 3,808 | 3,221 | 6,142 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,937 | 8,782 | 14,797 | 11,186 | 16,459 | 45,618 | 19,319 | 19,031 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 106,147 | 96,767 | 72,208 | 82,336 | 17,554 | 36,587 | 89,261 | 158,042 | 194,812 | 120,145 | 79,587 | 41,714 | 32,776 | 100 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 283,496 | 275,951 | 235,703 | 239,962 | 205,971 | 278,246 | 290,366 | 279,848 | 248,990 | 173,380 | 119,126 | 85,321 | 82,997 | 53,026 |
| total assets | 373,508 | 367,461 | 349,132 | 331,056 | 300,167 | 356,306 | 340,138 | 332,717 | 295,348 | 227,394 | 181,950 | 137,900 | 140,187 | 70,622 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24,948 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 23,685 | 32,875 | 43,921 | 0 | 25,480 | 48,051 | 48,479 | 44,656 | 40,601 | 138,726 | 42,288 | 33,972 | 32,875 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 88,052 | 92,628 | 74,868 | 68,515 | 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 | 105,360 | 102,323 | 82,373 | 98,969 | 22,388 | 38,712 | 33,418 | 44,238 | 107,957 | 0 | 113,270 | 77,915 | 75,937 | 45,227 |
| total current liabilities | 129,045 | 135,198 | 126,294 | 98,969 | 135,920 | 179,391 | 156,765 | 157,409 | 148,558 | 138,726 | 155,558 | 111,887 | 108,812 | 70,175 |
| loans | 0 | 0 | 0 | 50,000 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,582 | 66 |
| total long term liabilities | 0 | 0 | 0 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,582 | 66 |
| total liabilities | 129,045 | 135,198 | 126,294 | 148,969 | 135,920 | 179,391 | 156,765 | 157,409 | 148,558 | 138,726 | 155,558 | 111,887 | 117,394 | 70,241 |
| net assets | 244,463 | 232,263 | 222,838 | 182,087 | 164,247 | 176,915 | 183,373 | 175,308 | 146,790 | 88,668 | 26,392 | 26,013 | 22,793 | 381 |
| total shareholders funds | 244,463 | 232,263 | 222,838 | 182,087 | 164,247 | 176,915 | 183,373 | 175,308 | 146,790 | 88,668 | 26,392 | 26,013 | 22,793 | 381 |
| 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 | 46,308 | 31,950 | ||||||||||||
| Depreciation | 12,305 | 10,513 | 9,836 | 83,414 | 8,398 | 6,881 | 6,160 | 5,680 | 6,696 | 9,821 | 15,683 | 11,923 | 6,319 | 40 |
| Amortisation | 960 | 960 | 960 | 960 | 960 | 960 | 960 | 960 | 960 | 960 | 960 | 960 | 960 | 960 |
| Tax | -7,209 | 1,270 | -18,213 | -4,863 | ||||||||||
| Stock | 5,010 | 24,028 | -14 | -24,672 | -7,872 | 27,513 | 53,819 | 48,707 | 943 | 13,068 | -4,917 | -7,201 | 216 | 46,784 |
| Debtors | -6,845 | -8,339 | 5,883 | -6,119 | -45,370 | 13,041 | 25,480 | 18,921 | 0 | 628 | 849 | 587 | -2,921 | 6,142 |
| Creditors | -9,190 | -11,046 | 43,921 | -25,480 | -22,571 | -428 | 3,823 | 4,055 | -98,125 | 96,438 | 8,316 | 1,097 | 32,875 | 0 |
| Accruals and Deferred Income | 3,037 | 19,950 | -16,596 | 76,581 | -16,324 | 5,294 | -10,820 | -63,719 | 107,957 | -113,270 | 35,355 | 1,978 | 30,710 | 45,227 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8,582 | 8,516 | 66 |
| Cash flow from operations | 103,481 | 47,210 | ||||||||||||
| 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 | -88,052 | -4,576 | 17,760 | 6,353 | 68,515 | 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 | -50,000 | 50,000 | 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 | -20 | 0 | 0 | 0 | ||||||||||
| cash flow from financing | -20 | 0 | 1 | 20,150 | ||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 9,380 | 24,559 | -10,128 | 64,782 | -19,033 | -52,674 | -68,781 | -36,770 | 74,667 | 40,558 | 37,873 | 8,938 | 32,676 | 100 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -24,948 | 24,948 |
| change in cash | 9,380 | 24,559 | -10,128 | 64,782 | -19,033 | -52,674 | -68,781 | -36,770 | 74,667 | 40,558 | 37,873 | 8,938 | 57,624 | -24,848 |
bablas limited Credit Report and Business Information
Bablas Limited Competitor Analysis
Perform a competitor analysis for bablas limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in HA0 area or any other competitors across 12 key performance metrics.
bablas limited Ownership
BABLAS LIMITED group structure
Bablas Limited has no subsidiary companies.
Ultimate parent company
BABLAS LIMITED
06505130
bablas limited directors
Bablas Limited currently has 3 directors. The longest serving directors include Mr Bharat Babla (Feb 2008) and Ms Shilpa Babla (Feb 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bharat Babla | 64 years | Feb 2008 | - | Director | |
| Ms Shilpa Babla | 63 years | Feb 2008 | - | Director | |
| Mr Premal Babla | 40 years | Sep 2009 | - | Director |
P&L
May 2023turnover
1m
-5%
operating profit
11.7k
0%
gross margin
34.9%
+1.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
244.5k
+0.05%
total assets
373.5k
+0.02%
cash
106.1k
+0.1%
net assets
Total assets minus all liabilities
bablas limited company details
company number
06505130
Type
Private limited with Share Capital
industry
47770 - Retail sale of watches and jewellery in specialised stores
incorporation date
February 2008
age
16
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
babla enterprises limited (March 2008)
last accounts submitted
May 2023
address
517 high road, wembley, middlesex, HA0 2DH
accountant
CARTWRIGHTS
auditor
-
bablas 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 bablas limited.
bablas limited Companies House Filings - See Documents
| date | description | view/download |
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