burke & wills removals limited

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burke & wills removals limited Company Information

Share BURKE & WILLS REMOVALS LIMITED

Company Number

06912759

Shareholders

master removers group 2019 limited

Group Structure

View All

Industry

Removal services

 

Registered Address

141 acton lane, london, NW10 7PB

burke & wills removals limited Estimated Valuation

£3.2m

Pomanda estimates the enterprise value of BURKE & WILLS REMOVALS LIMITED at £3.2m based on a Turnover of £4.8m and 0.67x industry multiple (adjusted for size and gross margin).

burke & wills removals limited Estimated Valuation

£1m

Pomanda estimates the enterprise value of BURKE & WILLS REMOVALS LIMITED at £1m based on an EBITDA of £187.1k and a 5.5x industry multiple (adjusted for size and gross margin).

burke & wills removals limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of BURKE & WILLS REMOVALS LIMITED at £1.2m based on Net Assets of £545.2k and 2.29x industry multiple (adjusted for liquidity).

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Burke & Wills Removals Limited Overview

Burke & Wills Removals Limited is a live company located in london, NW10 7PB with a Companies House number of 06912759. It operates in the removal services sector, SIC Code 49420. Founded in May 2009, it's largest shareholder is master removers group 2019 limited with a 100% stake. Burke & Wills Removals Limited is a established, small sized company, Pomanda has estimated its turnover at £4.8m with rapid growth in recent years.

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Burke & Wills Removals Limited Health Check

Pomanda's financial health check has awarded Burke & Wills Removals Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

2 Regular

positive_score

2 Weak

size

Size

annual sales of £4.8m, make it larger than the average company (£815.7k)

£4.8m - Burke & Wills Removals Limited

£815.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 100%, show it is growing at a faster rate (6.6%)

100% - Burke & Wills Removals Limited

6.6% - Industry AVG

production

Production

with a gross margin of 39.9%, this company has a comparable cost of product (39.9%)

39.9% - Burke & Wills Removals Limited

39.9% - Industry AVG

profitability

Profitability

an operating margin of 1.5% make it less profitable than the average company (7.1%)

1.5% - Burke & Wills Removals Limited

7.1% - Industry AVG

employees

Employees

with 30 employees, this is above the industry average (15)

30 - Burke & Wills Removals Limited

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.1k, the company has an equivalent pay structure (£35.1k)

£35.1k - Burke & Wills Removals Limited

£35.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £158.7k, this is more efficient (£81.3k)

£158.7k - Burke & Wills Removals Limited

£81.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 37 days, this is later than average (20 days)

37 days - Burke & Wills Removals Limited

20 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 26 days, this is slower than average (22 days)

26 days - Burke & Wills Removals Limited

22 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Burke & Wills Removals Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 20 weeks, this is more cash available to meet short term requirements (15 weeks)

20 weeks - Burke & Wills Removals Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 47%, this is a lower level of debt than the average (63.6%)

47% - Burke & Wills Removals Limited

63.6% - Industry AVG

BURKE & WILLS REMOVALS LIMITED financials

EXPORTms excel logo

Burke & Wills Removals Limited's latest turnover from September 2023 is estimated at £4.8 million and the company has net assets of £545.2 thousand. According to their latest financial statements, Burke & Wills Removals Limited has 30 employees and maintains cash reserves of £166.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover4,760,903205,002396,594592,323594,390446,481267,991542,7281,301,8121,254,283777,8921,128,757861,872607,810
Other Income Or Grants00000000000000
Cost Of Sales2,863,169133,798236,134365,204365,980273,372157,715333,231791,390777,483485,805698,826542,262376,531
Gross Profit1,897,73471,204160,460227,118228,410173,109110,276209,497510,422476,800292,086429,931319,609231,279
Admin Expenses1,825,77553,487-30,494279,026268,800241,763145,384177,349425,424341,718241,271313,841238,28558,338
Operating Profit71,95917,717190,954-51,908-40,390-68,654-35,10832,14884,998135,08250,815116,09081,324172,941
Interest Payable7,5799,3597,8566,4734,5251,19800000000
Interest Receivable22,6345,1705614313,2571,8948432,1332,3712,1392,0641,7531,267580
Pre-Tax Profit87,01313,528183,659-57,949-41,658-67,958-34,26534,28187,369137,22252,879117,84382,591173,521
Tax-21,753-2,570-34,8950000-6,856-17,474-28,817-12,162-28,282-21,474-48,586
Profit After Tax65,26010,958148,764-57,949-41,658-67,958-34,26527,42569,895108,40540,71789,56161,117124,935
Dividends Paid00000000000000
Retained Profit65,26010,958148,764-57,949-41,658-67,958-34,26527,42569,895108,40540,71789,56161,117124,935
Employee Costs1,051,84495,660192,584253,578276,583204,755114,611213,622521,418490,537278,376436,454332,793245,774
Number Of Employees303799748191811181311
EBITDA*187,080133,832263,40139,93057,77334,75948,554121,722160,718202,068102,051144,75199,534174,441

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets257,061220,911183,967113,480153,683157,430228,803272,086143,514145,820108,34775,90453,1304,501
Intangible Assets00001,0005,0009,00012,00016,00020,00020,00020,00020,00020,000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets257,061220,911183,967113,480154,683162,430237,803284,086159,514165,820128,34795,90473,13024,501
Stock & work in progress00000000000000
Trade Debtors490,4054,04327,62345,31660,52740,00023,12141,63089,23481,61746,81846,27974,46435,946
Group Debtors00000000000000
Misc Debtors114,84372436,00028,50030,58852,82398,98989,936000000
Cash166,799695,432683,336438,867423,781444,784312,869361,513491,777456,489399,201426,380274,879231,937
misc current assets00000000000000
total current assets772,047700,199746,959512,683514,896537,607434,979493,079581,011538,106446,019472,659349,343267,883
total assets1,029,108921,110930,926626,163669,579700,037672,782777,165740,525703,926574,366568,563422,473292,384
Bank overdraft0000036,85200000000
Bank loan062,95858,48665,35257,855000000000
Trade Creditors 205,30855,81058,54751,64640,274000245,893279,189258,034291,608218,206167,447
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities219,274196,673245,446139,284153,915157,334151,988255,108000000
total current liabilities424,582315,441362,479256,282252,044194,186151,988255,108245,893279,189258,034291,608218,206167,447
loans071,77884,07149,65439,359000000000
hp & lease commitments0000060,55900000000
Accruals and Deferred Income00000000000000
other liabilities0000025,45833,00200001,34018,2130
provisions59,31753,94215,38500000000000
total long term liabilities59,317125,72099,45649,65439,35986,01733,00200001,34018,2130
total liabilities483,899441,161461,935305,936291,403280,203184,990255,108245,893279,189258,034292,948236,419167,447
net assets545,209479,949468,991320,227378,176419,834487,792522,057494,632424,737316,332275,615186,054124,937
total shareholders funds545,209479,949468,991320,227378,176419,834487,792522,057494,632424,737316,332275,615186,054124,937
Sep 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit71,95917,717190,954-51,908-40,390-68,654-35,10832,14884,998135,08250,815116,09081,324172,941
Depreciation115,121116,11572,44790,83894,16399,41380,66285,57471,72066,98651,23628,66118,2101,500
Amortisation0001,0004,0004,0003,0004,0004,00000000
Tax-21,753-2,570-34,8950000-6,856-17,474-28,817-12,162-28,282-21,474-48,586
Stock00000000000000
Debtors600,481-58,856-10,193-17,299-1,708-29,287-9,45642,3327,61734,799539-28,18538,51835,946
Creditors149,498-2,7376,90111,37240,27400-245,893-33,29621,155-33,57473,40250,759167,447
Accruals and Deferred Income22,601-48,773106,162-14,631-3,4195,346-103,120255,108000000
Deferred Taxes & Provisions5,37538,55715,38500000000000
Cash flow from operations-257,680177,165367,14753,97096,33669,392-45,11081,749102,331159,60755,776218,05690,301257,356
Investing Activities
capital expenditure-151,271-153,059-142,934-50,635-90,416-28,040-37,379-214,146-69,414-104,459-83,679-51,435-66,839-26,001
Change in Investments00000000000000
cash flow from investments-151,271-153,059-142,934-50,635-90,416-28,040-37,379-214,146-69,414-104,459-83,679-51,435-66,839-26,001
Financing Activities
Bank loans-62,9584,472-6,8667,49757,855000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans-71,778-12,29334,41710,29539,359000000000
Hire Purchase and Lease Commitments0000-60,55960,55900000000
other long term liabilities0000-25,458-7,54433,002000-1,340-16,87318,2130
share issue00000000000002
interest15,055-4,189-7,295-6,042-1,2686968432,1332,3712,1392,0641,7531,267580
cash flow from financing-119,681-12,01020,25611,7509,92953,71133,8452,1332,3712,139724-15,12019,480582
cash and cash equivalents
cash-528,63312,096244,46915,086-21,003131,915-48,644-130,26435,28857,288-27,179151,50142,942231,937
overdraft0000-36,85236,85200000000
change in cash-528,63312,096244,46915,08615,84995,063-48,644-130,26435,28857,288-27,179151,50142,942231,937

burke & wills removals limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Burke & Wills Removals Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for burke & wills removals limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in NW10 area or any other competitors across 12 key performance metrics.

burke & wills removals limited Ownership

BURKE & WILLS REMOVALS LIMITED group structure

Burke & Wills Removals Limited has no subsidiary companies.

Ultimate parent company

1 parent

BURKE & WILLS REMOVALS LIMITED

06912759

BURKE & WILLS REMOVALS LIMITED Shareholders

master removers group 2019 limited 100%

burke & wills removals limited directors

Burke & Wills Removals Limited currently has 3 directors. The longest serving directors include Mr Charles Rickards (Jan 2023) and Mr Anthony Ward-Thomas (Jan 2023).

officercountryagestartendrole
Mr Charles RickardsEngland62 years Jan 2023- Director
Mr Anthony Ward-ThomasEngland66 years Jan 2023- Director
Mr Timothy BlochNorthern Ireland60 years Jan 2023- Director

P&L

September 2023

turnover

4.8m

+2222%

operating profit

72k

0%

gross margin

39.9%

+14.76%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

545.2k

+0.14%

total assets

1m

+0.12%

cash

166.8k

-0.76%

net assets

Total assets minus all liabilities

burke & wills removals limited company details

company number

06912759

Type

Private limited with Share Capital

industry

49420 - Removal services

incorporation date

May 2009

age

16

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

September 2023

previous names

N/A

accountant

FAWCETTS LLP

auditor

-

address

141 acton lane, london, NW10 7PB

Bank

-

Legal Advisor

-

burke & wills removals 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 burke & wills removals limited.

burke & wills removals 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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burke & wills removals limited Companies House Filings - See Documents

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