birmingham and solihull lift (fundco 3) limited
birmingham and solihull lift (fundco 3) limited Company Information
Company Number
07123364
Website
barclays.comRegistered Address
5 the triangle, wildwood drive, worcester, worcestershire, WR5 2QX
Industry
Development of building projects
Other business support service activities n.e.c.
Telephone
01905362120
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
birmingham & solihull local improvement finance trust ltd 100%
birmingham and solihull lift (fundco 3) limited Estimated Valuation
Pomanda estimates the enterprise value of BIRMINGHAM AND SOLIHULL LIFT (FUNDCO 3) LIMITED at £6m based on a Turnover of £3.9m and 1.55x industry multiple (adjusted for size and gross margin).
birmingham and solihull lift (fundco 3) limited Estimated Valuation
Pomanda estimates the enterprise value of BIRMINGHAM AND SOLIHULL LIFT (FUNDCO 3) LIMITED at £11.5m based on an EBITDA of £2.2m and a 5.29x industry multiple (adjusted for size and gross margin).
birmingham and solihull lift (fundco 3) limited Estimated Valuation
Pomanda estimates the enterprise value of BIRMINGHAM AND SOLIHULL LIFT (FUNDCO 3) LIMITED at £13.8m based on Net Assets of £8m and 1.72x industry multiple (adjusted for liquidity).
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Birmingham And Solihull Lift (fundco 3) Limited Overview
Birmingham And Solihull Lift (fundco 3) Limited is a live company located in worcester, WR5 2QX with a Companies House number of 07123364. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 2010, it's largest shareholder is birmingham & solihull local improvement finance trust ltd with a 100% stake. Birmingham And Solihull Lift (fundco 3) Limited is a established, small sized company, Pomanda has estimated its turnover at £3.9m with low growth in recent years.
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Birmingham And Solihull Lift (fundco 3) Limited Health Check
Pomanda's financial health check has awarded Birmingham And Solihull Lift (Fundco 3) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
2 Weak
Size
annual sales of £3.9m, make it larger than the average company (£2.3m)
£3.9m - Birmingham And Solihull Lift (fundco 3) Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a faster rate (2%)
3% - Birmingham And Solihull Lift (fundco 3) Limited
2% - Industry AVG
Production
with a gross margin of 45.2%, this company has a comparable cost of product (45.2%)
45.2% - Birmingham And Solihull Lift (fundco 3) Limited
45.2% - Industry AVG
Profitability
an operating margin of 55.6% make it more profitable than the average company (16.9%)
55.6% - Birmingham And Solihull Lift (fundco 3) Limited
16.9% - Industry AVG
Employees
with 20 employees, this is above the industry average (11)
- Birmingham And Solihull Lift (fundco 3) Limited
11 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Birmingham And Solihull Lift (fundco 3) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £194.6k, this is equally as efficient (£210.6k)
- Birmingham And Solihull Lift (fundco 3) Limited
£210.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (36 days)
0 days - Birmingham And Solihull Lift (fundco 3) Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (32 days)
5 days - Birmingham And Solihull Lift (fundco 3) Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Birmingham And Solihull Lift (fundco 3) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 124 weeks, this is more cash available to meet short term requirements (16 weeks)
124 weeks - Birmingham And Solihull Lift (fundco 3) Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.4%, this is a higher level of debt than the average (69.6%)
82.4% - Birmingham And Solihull Lift (fundco 3) Limited
69.6% - Industry AVG
BIRMINGHAM AND SOLIHULL LIFT (FUNDCO 3) LIMITED financials
Birmingham And Solihull Lift (Fundco 3) Limited's latest turnover from December 2022 is £3.9 million and the company has net assets of £8 million. According to their latest financial statements, we estimate that Birmingham And Solihull Lift (Fundco 3) Limited has 20 employees and maintains cash reserves of £4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,891,432 | 3,712,200 | 3,625,822 | 3,512,195 | 3,429,123 | 3,310,171 | 3,225,447 | 3,135,168 | 3,072,104 | 2,981,424 | 1,934,973 | 296,690 | 0 |
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | 2,165,331 | 2,850,868 | 3,453,074 | 3,384,681 | 3,609,266 | 3,676,608 | 2,569,276 | 3,998,430 | 3,179,442 | 2,479,452 | 1,578,748 | 236,881 | -3,657 |
| Interest Payable | 1,920,969 | 1,977,013 | 2,010,186 | 2,020,950 | 2,049,222 | 2,034,244 | 2,061,224 | 2,052,008 | 2,060,312 | 2,073,889 | 1,354,173 | 274,476 | 379,893 |
| Interest Receivable | 26,815 | 0 | 4,573 | 23,175 | 19,306 | 6,812 | 11,509 | 12,520 | 11,907 | 14,148 | 2,961 | 1,087 | 379,893 |
| Pre-Tax Profit | 271,177 | 873,855 | 1,447,461 | 1,386,906 | 1,579,350 | 1,649,176 | 519,561 | 1,958,942 | 1,131,037 | 419,711 | 227,536 | -36,508 | -3,657 |
| Tax | -34,918 | -1,251,072 | -589,235 | -224,544 | -267,831 | -72,657 | 154,702 | -63,103 | -134,990 | -78,599 | -52,295 | 10,041 | 0 |
| Profit After Tax | 236,259 | -377,217 | 858,226 | 1,162,362 | 1,311,519 | 1,576,519 | 674,263 | 1,895,839 | 996,047 | 341,112 | 175,241 | -26,467 | -3,657 |
| Dividends Paid | 0 | 0 | 109,233 | 267,672 | 367,266 | 262,587 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 236,259 | -377,217 | 748,993 | 894,690 | 944,253 | 1,313,932 | 674,263 | 1,895,839 | 996,047 | 341,112 | 175,241 | -26,467 | -3,657 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Number Of Employees | |||||||||||||
| EBITDA* | 2,165,331 | 2,850,868 | 3,453,074 | 3,384,681 | 3,609,266 | 3,676,608 | 2,569,276 | 3,998,430 | 3,179,442 | 2,479,452 | 1,578,748 | 236,881 | -3,657 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 41,330,000 | 42,332,000 | 42,463,000 | 42,036,000 | 41,500,000 | 40,710,000 | 39,850,000 | 39,970,000 | 38,560,000 | 37,945,000 | 37,860,000 | 28,016,812 | 12,898,504 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 82,505 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 41,330,000 | 42,332,000 | 42,463,000 | 42,036,000 | 41,500,000 | 40,710,000 | 39,932,505 | 39,970,000 | 38,560,000 | 37,945,000 | 37,860,000 | 28,016,812 | 12,898,504 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 6,688 | 6,600 | 22,643 | 549 | 8,833 | 1,862 | 2,019 | 13,497 | 45,058 | 14,761 | 962,265 | 123,829 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 18,890 | 32,586 | 23,801 | 19,227 | 29,556 | 20,726 | 17,413 | 11,971 | 21,478 | 22,153 | 23,632 | 202,311 | 164,808 |
| Cash | 4,045,007 | 5,903,285 | 5,208,144 | 4,579,346 | 4,334,283 | 4,444,002 | 4,242,355 | 3,746,387 | 3,602,725 | 3,422,489 | 2,212,828 | 2,233,279 | 1,665,285 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,070,585 | 5,942,471 | 5,254,588 | 4,599,122 | 4,372,672 | 4,466,590 | 4,261,787 | 3,771,855 | 3,669,261 | 3,459,403 | 3,198,725 | 2,559,419 | 1,830,093 |
| total assets | 45,400,585 | 48,274,471 | 47,717,588 | 46,635,122 | 45,872,672 | 45,176,590 | 44,194,292 | 43,741,855 | 42,229,261 | 41,404,403 | 41,058,725 | 30,576,231 | 14,728,597 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 513,457 | 537,281 | 567,748 | 65,960 | 0 |
| Bank loan | 1,158,503 | 1,006,835 | 854,050 | 724,758 | 685,779 | 652,158 | 575,103 | 569,559 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 30,100 | 27,682 | 53,901 | 24,386 | 45,852 | 26,443 | 46,643 | 47,322 | 39,525 | 231,257 | 205,420 | 948,360 | 1,114,756 |
| Group/Directors Accounts | 118,257 | 267,207 | 86,128 | 85,139 | 85,373 | 85,373 | 85,372 | 85,372 | 56,915 | 10,837 | 4,800 | 44,683 | 5,505 |
| other short term finances | 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 |
| other current liabilities | 379,456 | 288,160 | 295,808 | 263,952 | 326,797 | 637,667 | 786,163 | 786,772 | 1,148,513 | 1,137,805 | 1,117,643 | 754,265 | 3,320 |
| total current liabilities | 1,686,316 | 1,589,884 | 1,289,887 | 1,098,235 | 1,143,801 | 1,401,641 | 1,493,281 | 1,489,025 | 1,758,410 | 1,917,180 | 1,895,611 | 1,813,268 | 1,123,581 |
| loans | 32,742,582 | 39,549,762 | 40,038,421 | 39,812,947 | 40,354,232 | 41,306,090 | 42,379,950 | 38,254,601 | 29,790,412 | 29,937,821 | 30,118,423 | 26,703,408 | 13,608,672 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,265,909 | 0 | 0 | 0 | 0 |
| provisions | 2,959,772 | 1,532,473 | 1,023,026 | 784,698 | 521,043 | 135,284 | 0 | 714,955 | 154,078 | 120,853 | 42,254 | 0 | 0 |
| total long term liabilities | 35,702,354 | 41,082,235 | 41,061,447 | 40,597,645 | 40,875,275 | 41,441,374 | 42,379,950 | 38,969,556 | 40,210,399 | 30,058,674 | 30,160,677 | 26,703,408 | 13,608,672 |
| total liabilities | 37,388,670 | 42,672,119 | 42,351,334 | 41,695,880 | 42,019,076 | 42,843,015 | 43,873,231 | 40,458,581 | 41,968,809 | 31,975,854 | 32,056,288 | 28,516,676 | 14,732,253 |
| net assets | 8,011,915 | 5,602,352 | 5,366,254 | 4,939,242 | 3,853,596 | 2,333,575 | 321,061 | 3,283,274 | 260,452 | 9,428,549 | 9,002,437 | 2,059,555 | -3,656 |
| total shareholders funds | 8,011,915 | 5,602,352 | 5,366,254 | 4,939,242 | 3,853,596 | 2,333,575 | 321,061 | 3,283,274 | 260,452 | 9,428,549 | 9,002,437 | 2,059,555 | -3,656 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 2,165,331 | 2,850,868 | 3,453,074 | 3,384,681 | 3,609,266 | 3,676,608 | 2,569,276 | 3,998,430 | 3,179,442 | 2,479,452 | 1,578,748 | 236,881 | -3,657 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -34,918 | -1,251,072 | -589,235 | -224,544 | -267,831 | -72,657 | 154,702 | -63,103 | -134,990 | -78,599 | -52,295 | 10,041 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -13,608 | -7,258 | 26,668 | -18,613 | 15,801 | -79,349 | 76,469 | -41,068 | 29,622 | -948,983 | 659,757 | 161,332 | 164,808 |
| Creditors | 2,418 | -26,219 | 29,515 | -21,466 | 19,409 | -20,200 | -679 | 7,797 | -191,732 | 25,837 | -742,940 | -166,396 | 1,114,756 |
| Accruals and Deferred Income | 91,296 | -7,648 | 31,856 | -62,845 | -310,870 | -148,496 | -609 | -361,741 | 10,708 | 20,162 | 363,378 | 750,945 | 3,320 |
| Deferred Taxes & Provisions | 1,427,299 | 509,447 | 238,328 | 263,655 | 385,759 | 135,284 | -714,955 | 560,877 | 33,225 | 78,599 | 42,254 | 0 | 0 |
| Cash flow from operations | 3,665,034 | 2,082,634 | 3,136,870 | 3,358,094 | 3,419,932 | 3,649,888 | 1,931,266 | 4,183,328 | 2,867,031 | 3,474,434 | 529,388 | 670,139 | 949,611 |
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | -1,002,000 | -131,000 | 427,000 | 536,000 | 790,000 | 860,000 | -120,000 | 1,410,000 | 615,000 | 85,000 | 9,843,188 | 15,118,308 | 12,898,504 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 151,668 | 152,785 | 129,292 | 38,979 | 33,621 | 77,055 | 5,544 | 569,559 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -148,950 | 181,079 | 989 | -234 | 0 | 1 | 0 | 28,457 | 46,078 | 6,037 | -39,883 | 39,178 | 5,505 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -6,807,180 | -488,659 | 225,474 | -541,285 | -951,858 | -1,073,860 | 4,125,349 | 8,464,189 | -147,409 | -180,602 | 3,415,015 | 13,094,736 | 13,608,672 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10,265,909 | 10,265,909 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | -1,894,154 | -1,977,013 | -2,005,613 | -1,997,775 | -2,029,916 | -2,027,432 | -2,049,715 | -2,039,488 | -2,048,405 | -2,059,741 | -1,351,212 | -273,389 | 0 |
| cash flow from financing | -6,525,312 | -1,518,493 | -1,971,839 | -2,309,359 | -2,372,385 | -2,325,654 | -1,555,298 | -2,116,209 | -2,047,971 | -2,149,306 | 8,791,561 | 14,950,203 | 13,614,178 |
| cash and cash equivalents | |||||||||||||
| cash | -1,858,278 | 695,141 | 628,798 | 245,063 | -109,719 | 201,647 | 495,968 | 143,662 | 180,236 | 1,209,661 | -20,451 | 567,994 | 1,665,285 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -513,457 | -23,824 | -30,467 | 501,788 | 65,960 | 0 |
| change in cash | -1,858,278 | 695,141 | 628,798 | 245,063 | -109,719 | 201,647 | 495,968 | 657,119 | 204,060 | 1,240,128 | -522,239 | 502,034 | 1,665,285 |
birmingham and solihull lift (fundco 3) limited Credit Report and Business Information
Birmingham And Solihull Lift (fundco 3) Limited Competitor Analysis
Perform a competitor analysis for birmingham and solihull lift (fundco 3) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
birmingham and solihull lift (fundco 3) limited Ownership
BIRMINGHAM AND SOLIHULL LIFT (FUNDCO 3) LIMITED group structure
Birmingham And Solihull Lift (Fundco 3) Limited has no subsidiary companies.
Ultimate parent company
2 parents
BIRMINGHAM AND SOLIHULL LIFT (FUNDCO 3) LIMITED
07123364
birmingham and solihull lift (fundco 3) limited directors
Birmingham And Solihull Lift (Fundco 3) Limited currently has 6 directors. The longest serving directors include Mrs Hannah Cashmore (Mar 2020) and Mr Paul Athey (Jun 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Hannah Cashmore | England | 39 years | Mar 2020 | - | Director |
| Mr Paul Athey | England | 46 years | Jun 2021 | - | Director |
| Mr William Morris | United Kingdom | 44 years | Nov 2021 | - | Director |
| Mr Ewan Forsyth | England | 55 years | Jun 2022 | - | Director |
| Miss Marta Chojnowska | United Kingdom | 31 years | Nov 2022 | - | Director |
| Mr James Bawn | United Kingdom | 47 years | Nov 2023 | - | Director |
P&L
December 2022turnover
3.9m
+5%
operating profit
2.2m
-24%
gross margin
45.2%
+3.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
8m
+0.43%
total assets
45.4m
-0.06%
cash
4m
-0.31%
net assets
Total assets minus all liabilities
Similar Companies
birmingham and solihull lift (fundco 3) limited company details
company number
07123364
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
41100 - Development of building projects
82990 - Other business support service activities n.e.c.
incorporation date
January 2010
age
14
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
5 the triangle, wildwood drive, worcester, worcestershire, WR5 2QX
last accounts submitted
December 2022
birmingham and solihull lift (fundco 3) 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 found 6 charges/mortgages relating to birmingham and solihull lift (fundco 3) limited. Currently there are 6 open charges and 0 have been satisfied in the past.
birmingham and solihull lift (fundco 3) limited Companies House Filings - See Documents
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