backpen limited
backpen limited Company Information
Company Number
07191190
Next Accounts
Sep 2025
Industry
Buying and selling of own real estate
Shareholders
verdana gr limited
Group Structure
View All
Contact
Registered Address
berkeley house, 304 regents park road, london, N3 2JX
Website
johnlewis.co.ukbackpen limited Estimated Valuation
Pomanda estimates the enterprise value of BACKPEN LIMITED at £956.9k based on a Turnover of £460.2k and 2.08x industry multiple (adjusted for size and gross margin).
backpen limited Estimated Valuation
Pomanda estimates the enterprise value of BACKPEN LIMITED at £1.6m based on an EBITDA of £365.1k and a 4.29x industry multiple (adjusted for size and gross margin).
backpen limited Estimated Valuation
Pomanda estimates the enterprise value of BACKPEN LIMITED at £42.5m based on Net Assets of £27.5m and 1.55x industry multiple (adjusted for liquidity).
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Backpen Limited Overview
Backpen Limited is a live company located in london, N3 2JX with a Companies House number of 07191190. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2010, it's largest shareholder is verdana gr limited with a 100% stake. Backpen Limited is a established, micro sized company, Pomanda has estimated its turnover at £460.2k with declining growth in recent years.
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Backpen Limited Health Check
Pomanda's financial health check has awarded Backpen Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
4 Weak
Size
annual sales of £460.2k, make it smaller than the average company (£950k)
£460.2k - Backpen Limited
£950k - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (2.8%)
-24% - Backpen Limited
2.8% - Industry AVG
Production
with a gross margin of 27.2%, this company has a higher cost of product (70.3%)
27.2% - Backpen Limited
70.3% - Industry AVG
Profitability
an operating margin of 79.3% make it more profitable than the average company (23.9%)
79.3% - Backpen Limited
23.9% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Backpen Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Backpen Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £115k, this is less efficient (£189k)
£115k - Backpen Limited
£189k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is earlier than average (24 days)
18 days - Backpen Limited
24 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Backpen Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Backpen Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Backpen Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21%, this is a lower level of debt than the average (63.5%)
21% - Backpen Limited
63.5% - Industry AVG
BACKPEN LIMITED financials
Backpen Limited's latest turnover from December 2023 is £460.2 thousand and the company has net assets of £27.5 million. According to their latest financial statements, Backpen Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | 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 | 460,187 | 1,954,144 | 720,731 | 1,054,393 | 1,602,700 | 3,103,326 | 543,588 | 449,638 | 446,871 | 465,349 | 422,900 | 389,783 | 170,938 | 755 |
| Other Income Or Grants | 0 | |||||||||||||
| Cost Of Sales | 0 | |||||||||||||
| Gross Profit | 755 | |||||||||||||
| Admin Expenses | 0 | |||||||||||||
| Operating Profit | 365,084 | 931,698 | 620,685 | 907,521 | 1,468,561 | 2,899,006 | 471,647 | 366,665 | 314,234 | 319,750 | 306,572 | 239,071 | 144,849 | 755 |
| Interest Payable | 690 | 3,728 | 3,771 | 26,985 | 74,715 | 152,262 | 142,312 | 154,466 | 207,328 | 261,210 | 262,179 | 234,573 | 9,523 | 0 |
| Interest Receivable | 191,707 | 32,252 | 3,151 | 160 | 50 | 51 | 0 | 0 | 1,397 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -4,284,233 | -34,200,444 | -52,055,201 | 31,153,335 | 58,312,524 | -260,205 | -37,566,665 | 37,690,199 | 33,250,836 | 115,007 | 44,393 | 4,498 | 135,326 | 755 |
| Tax | 1,211,000 | 8,871,586 | 5,924,334 | -7,511,000 | -9,676,000 | 575,196 | 6,385,804 | -5,933,376 | -6,049,416 | 6,790 | -4,102 | -6,117 | -36,063 | 0 |
| Profit After Tax | -3,073,233 | -25,328,858 | -46,130,867 | 23,642,335 | 48,636,524 | 314,991 | -31,180,861 | 31,756,823 | 27,201,420 | 121,797 | 40,291 | -1,619 | 99,263 | 755 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 250,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -3,073,233 | -25,328,858 | -46,130,867 | 23,642,335 | 48,636,524 | 314,991 | -31,430,861 | 31,756,823 | 27,201,420 | 121,797 | 40,291 | -1,619 | 99,263 | 755 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Number Of Employees | 4 | 4 | 4 | 4 | 3 | 2 | 2 | 2 | 2 | 2 | ||||
| EBITDA* | 365,084 | 931,698 | 620,685 | 907,521 | 1,468,561 | 2,899,006 | 471,647 | 366,665 | 314,234 | 319,750 | 306,572 | 239,071 | 144,849 | 755 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | 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 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 31,599,000 | 36,439,335 | 71,600,001 | 124,275,267 | 94,002,628 | 37,084,000 | 40,091,000 | 77,987,000 | 40,509,000 | 7,366,467 | 7,310,000 | 5,787,805 | 5,458,740 | 2,366,000 |
| Debtors (Due After 1 year) | 3,133,795 | 2,736,937 | 873,933 | 280,278 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 34,732,795 | 39,176,272 | 72,473,934 | 124,555,545 | 94,002,628 | 37,084,000 | 40,091,000 | 77,987,000 | 40,509,000 | 7,366,467 | 7,310,000 | 5,787,805 | 5,458,740 | 2,366,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 22,743 | 16,148 | 47,104 | 29,715 | 22,597 | 18,671 | 21,058 | 18,031 | 20,521 | 38,562 | 30,467 | 62,500 | 99,172 | 10,038 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,500 | 0 | 27,432 | 36,156 | 221,593 | 152,816 | 5,300 | 0 | 0 | 181,869 | 183,356 | 13,124 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 26,243 | 16,148 | 74,536 | 65,871 | 244,190 | 171,487 | 26,358 | 18,031 | 20,521 | 220,431 | 213,823 | 75,624 | 99,172 | 10,038 |
| total assets | 34,759,038 | 39,192,420 | 72,548,470 | 124,621,416 | 94,246,818 | 37,255,487 | 40,117,358 | 78,005,031 | 40,529,521 | 7,586,898 | 7,523,823 | 5,863,429 | 5,557,912 | 2,376,038 |
| Bank overdraft | 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 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24,358 | 41,214 | 31,166 | 22,571 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,222 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31,846 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 134,274 | 141,277 | 301,553 | 198,632 | 161,762 | 133,375 | 159,878 | 121,310 | 114,038 | 184,760 | 180,970 | 86,486 | 66,114 | 3,516 |
| total current liabilities | 134,274 | 141,277 | 301,553 | 198,632 | 161,762 | 133,375 | 159,878 | 121,310 | 114,038 | 209,118 | 247,406 | 149,498 | 88,685 | 3,516 |
| loans | 0 | 0 | 0 | 0 | 815,607 | 2,165,187 | 4,774,546 | 4,849,926 | 4,871,942 | 5,072,040 | 5,072,040 | 5,504,970 | 5,369,208 | 645,475 |
| 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 | 7,160,938 | 8,514,084 | 16,381,000 | 22,426,000 | 14,915,000 | 5,239,000 | 5,780,000 | 12,200,000 | 6,266,569 | 230,189 | 0 | 0 | 0 | 0 |
| total long term liabilities | 7,160,938 | 8,514,084 | 16,381,000 | 22,426,000 | 15,730,607 | 7,404,187 | 10,554,546 | 17,049,926 | 11,138,511 | 5,302,229 | 5,072,040 | 5,504,970 | 5,369,208 | 645,475 |
| total liabilities | 7,295,212 | 8,655,361 | 16,682,553 | 22,624,632 | 15,892,369 | 7,537,562 | 10,714,424 | 17,171,236 | 11,252,549 | 5,511,347 | 5,319,446 | 5,654,468 | 5,457,893 | 648,991 |
| net assets | 27,463,826 | 30,537,059 | 55,865,917 | 101,996,784 | 78,354,449 | 29,717,925 | 29,402,934 | 60,833,795 | 29,276,972 | 2,075,551 | 2,204,377 | 208,961 | 100,019 | 1,727,047 |
| total shareholders funds | 27,463,826 | 30,537,059 | 55,865,917 | 101,996,784 | 78,354,449 | 29,717,925 | 29,402,934 | 60,833,795 | 29,276,972 | 2,075,551 | 2,204,377 | 208,961 | 100,019 | 1,727,047 |
| Dec 2023 | 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 | 365,084 | 931,698 | 620,685 | 907,521 | 1,468,561 | 2,899,006 | 471,647 | 366,665 | 314,234 | 319,750 | 306,572 | 239,071 | 144,849 | 755 |
| Depreciation | 0 | 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 | 0 |
| Tax | 1,211,000 | 8,871,586 | 5,924,334 | -7,511,000 | -9,676,000 | 575,196 | 6,385,804 | -5,933,376 | -6,049,416 | 6,790 | -4,102 | -6,117 | -36,063 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 406,953 | 1,804,616 | 602,320 | 101,959 | 72,703 | 145,129 | 8,327 | -2,490 | -199,910 | 6,608 | 138,199 | -23,548 | 89,134 | 10,038 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -24,358 | -16,856 | 10,048 | 8,595 | 22,571 | 0 |
| Accruals and Deferred Income | -7,003 | -160,276 | 102,921 | 36,870 | 28,387 | -26,503 | 38,568 | 7,272 | -70,722 | 3,790 | 94,484 | 20,372 | 62,598 | 3,516 |
| Deferred Taxes & Provisions | -1,353,146 | -7,866,916 | -6,045,000 | 7,511,000 | 9,676,000 | -541,000 | -6,420,000 | 5,933,431 | 6,036,380 | 230,189 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -191,018 | -28,524 | 620 | 842,432 | 1,424,245 | 2,761,570 | 467,692 | 376,482 | 406,028 | 537,055 | 268,803 | 285,469 | 104,821 | -5,767 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -4,840,335 | -35,160,666 | -52,675,266 | 30,272,639 | 56,918,628 | -3,007,000 | -37,896,000 | 37,478,000 | 33,142,533 | 56,467 | 1,522,195 | 329,065 | 3,092,740 | 2,366,000 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | -25,222 | 25,222 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -31,846 | 31,846 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -815,607 | -1,349,580 | -2,609,359 | -75,380 | -22,016 | -200,098 | 0 | -432,930 | 135,762 | 4,723,733 | 645,475 |
| 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 | 191,017 | 28,524 | -620 | -26,825 | -74,665 | -152,211 | -142,312 | -154,466 | -205,931 | -261,210 | -262,179 | -234,573 | -9,523 | 0 |
| cash flow from financing | 191,017 | 28,524 | -620 | -842,432 | -1,424,245 | -2,761,570 | -217,692 | -376,482 | -406,028 | -537,055 | 1,253,392 | 43,596 | 2,987,919 | 2,371,767 |
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
backpen limited Credit Report and Business Information
Backpen Limited Competitor Analysis
Perform a competitor analysis for backpen limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N 3 area or any other competitors across 12 key performance metrics.
backpen limited Ownership
BACKPEN LIMITED group structure
Backpen Limited has no subsidiary companies.
Ultimate parent company
EURO INVESTMENTS OVERSEAS INCORPORATED
#0113276
2 parents
BACKPEN LIMITED
07191190
backpen limited directors
Backpen Limited currently has 3 directors. The longest serving directors include Mr Christopher McGill (Aug 2015) and Mr William Procter (Aug 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher McGill | England | 64 years | Aug 2015 | - | Director |
| Mr William Procter | England | 71 years | Aug 2015 | - | Director |
| Mr Michael Watson | England | 66 years | Feb 2021 | - | Director |
P&L
December 2023turnover
460.2k
-76%
operating profit
365.1k
-61%
gross margin
27.2%
-2.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
27.5m
-0.1%
total assets
34.8m
-0.11%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
backpen limited company details
company number
07191190
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
March 2010
age
15
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
berkeley house, 304 regents park road, london, N3 2JX
Bank
-
Legal Advisor
-
backpen 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 backpen limited. Currently there are 4 open charges and 2 have been satisfied in the past.
backpen 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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backpen limited Companies House Filings - See Documents
| date | description | view/download |
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