a k bates limited
a k bates limited Company Information
Company Number
06800299
Website
www.batesline.comRegistered Address
kibbear mead trull, taunton, somerset, TA3 7LN
Industry
Specialist medical practice activities
Telephone
01902342797
Next Accounts Due
October 2025
Group Structure
View All
Shareholders
adrian keith bates 50%
karen bates 50%
a k bates limited Estimated Valuation
Pomanda estimates the enterprise value of A K BATES LIMITED at £390k based on a Turnover of £830.2k and 0.47x industry multiple (adjusted for size and gross margin).
a k bates limited Estimated Valuation
Pomanda estimates the enterprise value of A K BATES LIMITED at £9.8k based on an EBITDA of £2.7k and a 3.58x industry multiple (adjusted for size and gross margin).
a k bates limited Estimated Valuation
Pomanda estimates the enterprise value of A K BATES LIMITED at £1.7m based on Net Assets of £707k and 2.48x industry multiple (adjusted for liquidity).
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A K Bates Limited Overview
A K Bates Limited is a live company located in somerset, TA3 7LN with a Companies House number of 06800299. It operates in the specialists medical practice activities sector, SIC Code 86220. Founded in January 2009, it's largest shareholder is adrian keith bates with a 50% stake. A K Bates Limited is a established, small sized company, Pomanda has estimated its turnover at £830.2k with healthy growth in recent years.
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A K Bates Limited Health Check
Pomanda's financial health check has awarded A K Bates Limited a 3.5 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
1 Regular
5 Weak
Size
annual sales of £830.2k, make it larger than the average company (£289k)
- A K Bates Limited
£289k - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (7.3%)
- A K Bates Limited
7.3% - Industry AVG
Production
with a gross margin of 33.5%, this company has a higher cost of product (55.4%)
- A K Bates Limited
55.4% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (14.3%)
- A K Bates Limited
14.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (7)
2 - A K Bates Limited
7 - Industry AVG
Pay Structure
on an average salary of £29.2k, the company has an equivalent pay structure (£29.2k)
- A K Bates Limited
£29.2k - Industry AVG
Efficiency
resulting in sales per employee of £415.1k, this is more efficient (£70.4k)
- A K Bates Limited
£70.4k - Industry AVG
Debtor Days
it gets paid by customers after 157 days, this is later than average (35 days)
- A K Bates Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (39 days)
- A K Bates Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- A K Bates Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - A K Bates Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1%, this is a lower level of debt than the average (35.2%)
1% - A K Bates Limited
35.2% - Industry AVG
A K BATES LIMITED financials
A K Bates Limited's latest turnover from January 2024 is estimated at £830.2 thousand and the company has net assets of £707 thousand. According to their latest financial statements, A K Bates Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 3 | 3 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 354,817 | 529,773 | 510,870 | 510,281 | 511,380 | 557,813 | 535,139 | 41,438 | 8,854 | 6,568 | 7,971 | 10,630 | 14,176 | 17,887 | 10,935 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 54,000 | 72,000 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 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 | 0 |
| Total Fixed Assets | 354,817 | 529,773 | 510,870 | 510,281 | 511,380 | 557,813 | 535,139 | 41,438 | 62,854 | 78,568 | 7,971 | 10,630 | 14,176 | 17,887 | 10,935 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 473,112 | 217,681 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 359,300 | 188,374 | 289,769 | 335,741 | 384,045 | 392,455 | 418,040 | 869,951 | 10,254 | 228,354 | 12,448 | 27,684 | 16,013 | 9,559 | 3,940 |
| Group Debtors | 0 | 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 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 384,914 | 296,691 | 547,959 | 373,696 | 257,578 | 155,947 | 116,626 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 359,300 | 188,374 | 289,769 | 335,741 | 384,045 | 392,455 | 418,040 | 869,951 | 868,280 | 742,726 | 560,407 | 401,380 | 273,591 | 165,506 | 120,566 |
| total assets | 714,117 | 718,147 | 800,639 | 846,022 | 895,425 | 950,268 | 953,179 | 911,389 | 931,134 | 821,294 | 568,378 | 412,010 | 287,767 | 183,393 | 131,501 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 7,113 | 13,189 | 30,800 | 32,895 | 36,765 | 7,537 | 29,340 | 21,559 | 93,685 | 128,334 | 42,357 | 44,599 | 43,488 | 65,668 | 84,509 |
| Group/Directors Accounts | 0 | 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 | 0 |
| hp & lease commitments | 0 | 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 | 0 | 0 | 0 |
| total current liabilities | 7,113 | 13,189 | 30,800 | 32,895 | 36,765 | 7,537 | 29,340 | 21,559 | 93,685 | 128,334 | 42,357 | 44,599 | 43,488 | 65,668 | 84,509 |
| loans | 0 | 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 | 0 |
| Accruals and Deferred Income | 0 | 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 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 7,113 | 13,189 | 30,800 | 32,895 | 36,765 | 7,537 | 29,340 | 21,559 | 93,685 | 128,334 | 42,357 | 44,599 | 43,488 | 65,668 | 84,509 |
| net assets | 707,004 | 704,958 | 769,839 | 813,127 | 858,660 | 942,731 | 923,839 | 889,830 | 837,449 | 692,960 | 526,021 | 367,411 | 244,279 | 117,725 | 46,992 |
| total shareholders funds | 707,004 | 704,958 | 769,839 | 813,127 | 858,660 | 942,731 | 923,839 | 889,830 | 837,449 | 692,960 | 526,021 | 367,411 | 244,279 | 117,725 | 46,992 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 2,954 | 2,190 | 2,659 | 3,546 | 4,729 | 5,962 | 3,645 | ||||||||
| Amortisation | 18,000 | 18,000 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -473,112 | 255,431 | 217,681 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 170,926 | -101,395 | -45,972 | -48,304 | -8,410 | -25,585 | -451,911 | 859,697 | -218,100 | 215,906 | -15,236 | 11,671 | 6,454 | 5,619 | 3,940 |
| Creditors | -6,076 | -17,611 | -2,095 | -3,870 | 29,228 | -21,803 | 7,781 | -72,126 | -34,649 | 85,977 | -2,242 | 1,111 | -22,180 | -18,841 | 84,509 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | 0 | 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 | 0 |
| Long term loans | 0 | 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 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -384,914 | 88,223 | -251,268 | 174,263 | 116,118 | 101,631 | 39,321 | 116,626 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -384,914 | 88,223 | -251,268 | 174,263 | 116,118 | 101,631 | 39,321 | 116,626 |
a k bates limited Credit Report and Business Information
A K Bates Limited Competitor Analysis
Perform a competitor analysis for a k bates limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in TA3 area or any other competitors across 12 key performance metrics.
a k bates limited Ownership
A K BATES LIMITED group structure
A K Bates Limited has no subsidiary companies.
Ultimate parent company
A K BATES LIMITED
06800299
a k bates limited directors
A K Bates Limited currently has 2 directors. The longest serving directors include Mr Adrian Bates (Jan 2009) and Mrs Karen Bates (Apr 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adrian Bates | England | 68 years | Jan 2009 | - | Director |
| Mrs Karen Bates | England | 59 years | Apr 2017 | - | Director |
P&L
January 2024turnover
830.2k
+114%
operating profit
2.7k
0%
gross margin
33.5%
-0.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
707k
0%
total assets
714.1k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
a k bates limited company details
company number
06800299
Type
Private limited with Share Capital
industry
86220 - Specialist medical practice activities
incorporation date
January 2009
age
15
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
COOPER ASSOCIATES ACCOUNTANTS LTD
auditor
-
address
kibbear mead trull, taunton, somerset, TA3 7LN
Bank
-
Legal Advisor
-
a k bates 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 a k bates limited.
a k bates limited Companies House Filings - See Documents
| date | description | view/download |
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