bay roofing sw limited
bay roofing sw limited Company Information
Company Number
06877616
Next Accounts
Dec 2025
Shareholders
daniel mitchell
simon stephens
Group Structure
View All
Industry
Roofing activities
Registered Address
244 union street, torquay, devon, TQ2 5QU
Website
www.bayroofingswltd.co.ukbay roofing sw limited Estimated Valuation
Pomanda estimates the enterprise value of BAY ROOFING SW LIMITED at £164.9k based on a Turnover of £290.8k and 0.57x industry multiple (adjusted for size and gross margin).
bay roofing sw limited Estimated Valuation
Pomanda estimates the enterprise value of BAY ROOFING SW LIMITED at £380.7k based on an EBITDA of £99.3k and a 3.83x industry multiple (adjusted for size and gross margin).
bay roofing sw limited Estimated Valuation
Pomanda estimates the enterprise value of BAY ROOFING SW LIMITED at £160.8k based on Net Assets of £67.9k and 2.37x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Bay Roofing Sw Limited Overview
Bay Roofing Sw Limited is a live company located in devon, TQ2 5QU with a Companies House number of 06877616. It operates in the roofing activities sector, SIC Code 43910. Founded in April 2009, it's largest shareholder is daniel mitchell with a 50% stake. Bay Roofing Sw Limited is a established, micro sized company, Pomanda has estimated its turnover at £290.8k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Bay Roofing Sw Limited Health Check
Pomanda's financial health check has awarded Bay Roofing Sw Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
7 Weak
Size
annual sales of £290.8k, make it smaller than the average company (£776.1k)
- Bay Roofing Sw Limited
£776.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -35%, show it is growing at a slower rate (14.7%)
- Bay Roofing Sw Limited
14.7% - Industry AVG
Production
with a gross margin of 28.3%, this company has a comparable cost of product (28.3%)
- Bay Roofing Sw Limited
28.3% - Industry AVG
Profitability
an operating margin of 31.7% make it more profitable than the average company (10.1%)
- Bay Roofing Sw Limited
10.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (7)
2 - Bay Roofing Sw Limited
7 - Industry AVG
Pay Structure
on an average salary of £42.8k, the company has an equivalent pay structure (£42.8k)
- Bay Roofing Sw Limited
£42.8k - Industry AVG
Efficiency
resulting in sales per employee of £145.4k, this is less efficient (£192.5k)
- Bay Roofing Sw Limited
£192.5k - Industry AVG
Debtor Days
it gets paid by customers after 93 days, this is later than average (56 days)
- Bay Roofing Sw Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (37 days)
- Bay Roofing Sw Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 18 days, this is in line with average (15 days)
- Bay Roofing Sw Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (26 weeks)
10 weeks - Bay Roofing Sw Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.7%, this is a lower level of debt than the average (58.2%)
38.7% - Bay Roofing Sw Limited
58.2% - Industry AVG
BAY ROOFING SW LIMITED financials
Bay Roofing Sw Limited's latest turnover from March 2024 is estimated at £290.8 thousand and the company has net assets of £67.9 thousand. According to their latest financial statements, Bay Roofing Sw Limited has 2 employees and maintains cash reserves of £4.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 609,816 | 1,058,639 | 476,475 | 345,739 | 324,465 | 178,612 | ||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 114,890 | |||||||||||||
| Gross Profit | 63,722 | |||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | 33,282 | 105,631 | 18,694 | 9,359 | 15,283 | 33,214 | ||||||||
| Tax | -7,856 | -21,680 | -4,646 | -2,887 | -3,247 | -6,642 | ||||||||
| Profit After Tax | 25,426 | 83,951 | 14,048 | 6,472 | 12,036 | 26,572 | ||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | 25,426 | 83,951 | 14,048 | 6,472 | 12,036 | 26,572 | ||||||||
| Employee Costs | 49,505 | 48,881 | 5,208 | 43,304 | 23,350 | 12,600 | ||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 3 | 3 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 12,191 | 16,504 | 24,406 | 32,882 | 2,434 | 8,582 | 14,779 | 19,854 | 20,807 | |||||
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 12,191 | 16,504 | 24,406 | 32,882 | 2,434 | 8,582 | 14,779 | 19,854 | 20,807 | |||||
| Stock & work in progress | 10,300 | 10,300 | 10,300 | 10,300 | 2,500 | 2,500 | ||||||||
| Trade Debtors | 74,803 | 236,191 | 301,340 | 105,483 | 90,258 | 59,196 | 48,679 | 13,610 | 4,547 | 47,558 | 85,384 | |||
| Group Debtors | ||||||||||||||
| Misc Debtors | 9,409 | 1,138 | ||||||||||||
| Cash | 4,130 | 173,838 | 61,125 | 1,944 | 17,786 | 11,352 | 5,162 | 32,215 | ||||||
| misc current assets | ||||||||||||||
| total current assets | 98,642 | 236,191 | 301,340 | 289,621 | 162,821 | 71,440 | 48,679 | 13,610 | 17,786 | 15,899 | 55,220 | 120,099 | ||
| total assets | 110,833 | 252,695 | 325,746 | 322,503 | 165,255 | 80,022 | 63,458 | 33,464 | 38,593 | 15,899 | 55,220 | 120,099 | ||
| Bank overdraft | 8,333 | 50,000 | ||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 9,436 | 74,765 | 138,509 | 82,900 | 72,126 | 43,635 | 55,086 | 24,226 | 10,507 | 6,899 | 28,847 | 72,041 | ||
| Group/Directors Accounts | 4,507 | 25,162 | 14,359 | |||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | 5,000 | |||||||||||||
| other current liabilities | 3,409 | 85,989 | 52,879 | 9,791 | ||||||||||
| total current liabilities | 21,178 | 74,765 | 138,509 | 218,889 | 125,005 | 75,751 | 55,086 | 24,226 | 14,791 | 10,507 | 11,406 | 54,009 | 86,400 | |
| loans | 20,834 | 10,507 | ||||||||||||
| hp & lease commitments | 12,083 | |||||||||||||
| Accruals and Deferred Income | 4,161 | |||||||||||||
| other liabilities | 891 | 33,530 | 41,863 | 891 | 891 | 1,869 | 3,952 | 11,290 | ||||||
| provisions | 15,000 | |||||||||||||
| total long term liabilities | 21,725 | 33,530 | 41,863 | 891 | 891 | 1,869 | 3,952 | 11,290 | 26,751 | 15,000 | ||||
| total liabilities | 42,903 | 108,295 | 180,372 | 219,780 | 125,896 | 77,620 | 59,038 | 35,516 | 41,542 | 10,507 | 26,406 | 54,009 | 86,400 | |
| net assets | 67,930 | 144,400 | 145,374 | 102,723 | 39,359 | 2,402 | 4,420 | -2,052 | -2,949 | -10,507 | -10,507 | 1,211 | 33,699 | |
| total shareholders funds | 67,930 | 144,400 | 145,374 | 102,723 | 39,359 | 2,402 | 4,420 | -2,052 | -2,949 | -10,507 | -10,507 | 1,211 | 33,699 |
| Mar 2024 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 7,173 | 9,067 | 8,476 | 11,442 | 6,148 | 6,197 | 5,075 | 6,437 | 5,451 | |||||
| Amortisation | ||||||||||||||
| Tax | -7,856 | -21,680 | -4,646 | -2,887 | -3,247 | -6,642 | ||||||||
| Stock | 10,300 | -10,300 | 10,300 | -2,500 | 2,500 | |||||||||
| Debtors | 84,212 | -65,149 | 195,857 | 14,087 | 19,956 | 22,761 | 35,069 | 13,610 | -4,547 | -43,011 | -37,826 | 85,384 | ||
| Creditors | 9,436 | -63,744 | 55,609 | 10,774 | 28,491 | -11,451 | 30,860 | 24,226 | -10,507 | 3,608 | -21,948 | -43,194 | 72,041 | |
| Accruals and Deferred Income | 3,409 | -85,989 | 33,110 | 52,879 | -13,952 | 13,952 | ||||||||
| Deferred Taxes & Provisions | -15,000 | 15,000 | ||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -4,507 | -20,655 | 10,803 | 14,359 | ||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | 20,834 | -10,507 | 10,507 | |||||||||||
| Hire Purchase and Lease Commitments | -17,083 | 17,083 | ||||||||||||
| other long term liabilities | 891 | -8,333 | 40,972 | -978 | -2,083 | -7,338 | 11,290 | |||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | -34,733 | -328 | -18,149 | -7,338 | -27,439 | -1,931 | ||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 4,130 | -173,838 | 112,713 | 59,181 | 1,944 | -17,786 | 17,786 | -11,352 | 6,190 | -27,053 | 32,215 | |||
| overdraft | 8,333 | -50,000 | 50,000 | |||||||||||
| change in cash | -4,203 | -123,838 | 62,713 | 59,181 | 1,944 | -17,786 | 17,786 | -11,352 | 6,190 | -27,053 | 32,215 |
bay roofing sw limited Credit Report and Business Information
Bay Roofing Sw Limited Competitor Analysis
Perform a competitor analysis for bay roofing sw limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in TQ2 area or any other competitors across 12 key performance metrics.
bay roofing sw limited Ownership
BAY ROOFING SW LIMITED group structure
Bay Roofing Sw Limited has no subsidiary companies.
Ultimate parent company
BAY ROOFING SW LIMITED
06877616
bay roofing sw limited directors
Bay Roofing Sw Limited currently has 2 directors. The longest serving directors include Mr Simon Stephens (Apr 2009) and Mr Daniel Mitchell (Dec 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Stephens | England | 55 years | Apr 2009 | - | Director |
| Mr Daniel Mitchell | England | 49 years | Dec 2014 | - | Director |
P&L
March 2024turnover
290.8k
0%
operating profit
92.1k
0%
gross margin
28.4%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
67.9k
0%
total assets
110.8k
0%
cash
4.1k
0%
net assets
Total assets minus all liabilities
bay roofing sw limited company details
company number
06877616
Type
Private limited with Share Capital
industry
43910 - Roofing activities
incorporation date
April 2009
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
244 union street, torquay, devon, TQ2 5QU
Bank
BARCLAYS BANK PLC
Legal Advisor
-
bay roofing sw 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 bay roofing sw limited.
bay roofing sw 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.
Click to start generating capital raising & share issue transactions for BAY ROOFING SW LIMITED. This can take several minutes, an email will notify you when this has completed.
bay roofing sw limited Companies House Filings - See Documents
| date | description | view/download |
|---|
