bowers projects limited
bowers projects limited Company Information
Company Number
07391089
Website
bowersprojects.co.ukRegistered Address
verulam advisory, the annexe, ne, cottonmill lane, st albans, herts, AL1 2HA
Industry
Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Telephone
-
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
mr michael david bowers 100%
bowers projects limited Estimated Valuation
Pomanda estimates the enterprise value of BOWERS PROJECTS LIMITED at £648.3k based on a Turnover of £1.8m and 0.36x industry multiple (adjusted for size and gross margin).
bowers projects limited Estimated Valuation
Pomanda estimates the enterprise value of BOWERS PROJECTS LIMITED at £856.3k based on an EBITDA of £218.4k and a 3.92x industry multiple (adjusted for size and gross margin).
bowers projects limited Estimated Valuation
Pomanda estimates the enterprise value of BOWERS PROJECTS LIMITED at £1.3m based on Net Assets of £414.9k and 3.18x industry multiple (adjusted for liquidity).
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Bowers Projects Limited Overview
Bowers Projects Limited is a dissolved company that was located in st albans, AL1 2HA with a Companies House number of 07391089. It operated in the other engineering activities sector, SIC Code 71129. Founded in September 2010, it's largest shareholder was mr michael david bowers with a 100% stake. The last turnover for Bowers Projects Limited was estimated at £1.8m.
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Bowers Projects Limited Health Check
Pomanda's financial health check has awarded Bowers Projects Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £1.8m, make it larger than the average company (£707.3k)
- Bowers Projects Limited
£707.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (4.7%)
- Bowers Projects Limited
4.7% - Industry AVG
Production
with a gross margin of 20.5%, this company has a higher cost of product (37.3%)
- Bowers Projects Limited
37.3% - Industry AVG
Profitability
an operating margin of 11.8% make it more profitable than the average company (9%)
- Bowers Projects Limited
9% - Industry AVG
Employees
with 9 employees, this is below the industry average (41)
- Bowers Projects Limited
41 - Industry AVG
Pay Structure
on an average salary of £45.3k, the company has an equivalent pay structure (£45.3k)
- Bowers Projects Limited
£45.3k - Industry AVG
Efficiency
resulting in sales per employee of £198.6k, this is more efficient (£111k)
- Bowers Projects Limited
£111k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is near the average (56 days)
- Bowers Projects Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 212 days, this is slower than average (26 days)
- Bowers Projects Limited
26 days - Industry AVG
Stock Days
it holds stock equivalent to 56 days, this is more than average (37 days)
- Bowers Projects Limited
37 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 43 weeks, this is more cash available to meet short term requirements (27 weeks)
43 weeks - Bowers Projects Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.8%, this is a similar level of debt than the average (62.1%)
66.8% - Bowers Projects Limited
62.1% - Industry AVG
BOWERS PROJECTS LIMITED financials
Bowers Projects Limited's latest turnover from March 2016 is estimated at £1.8 million and the company has net assets of £414.9 thousand. According to their latest financial statements, we estimate that Bowers Projects Limited has 9 employees and maintains cash reserves of £697.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|
| 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 19,212 | 32,657 | 2,895 | 340 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 19,212 | 32,657 | 2,895 | 340 | 0 | 0 |
| Stock & work in progress | 219,034 | 0 | 859,664 | 343,253 | 0 | 0 |
| Trade Debtors | 314,330 | 523,724 | 511,963 | 240,446 | 1 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 697,614 | 578,151 | 595,870 | 118,903 | 12,217 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,230,978 | 1,101,875 | 1,967,497 | 702,602 | 12,218 | 0 |
| total assets | 1,250,190 | 1,134,532 | 1,970,392 | 702,942 | 12,218 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 829,379 | 878,421 | 1,745,704 | 671,145 | 3,363 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 829,379 | 878,421 | 1,745,704 | 671,145 | 3,363 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 5,917 | 11,833 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 5,917 | 11,833 | 0 | 0 | 0 | 0 |
| total liabilities | 835,296 | 890,254 | 1,745,704 | 671,145 | 3,363 | 0 |
| net assets | 414,894 | 244,278 | 224,688 | 31,797 | 8,855 | 0 |
| total shareholders funds | 414,894 | 244,278 | 224,688 | 31,797 | 8,855 | 0 |
| Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 8,320 | 2,075 | 570 | 68 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 219,034 | -859,664 | 516,411 | 343,253 | 0 | 0 |
| Debtors | -209,394 | 11,761 | 271,517 | 240,445 | 1 | 0 |
| Creditors | -49,042 | -867,283 | 1,074,559 | 667,782 | 3,363 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -5,916 | 11,833 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 119,463 | -17,719 | 476,967 | 106,686 | 12,217 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 119,463 | -17,719 | 476,967 | 106,686 | 12,217 | 0 |
bowers projects limited Credit Report and Business Information
Bowers Projects Limited Competitor Analysis
Perform a competitor analysis for bowers projects limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
bowers projects limited Ownership
BOWERS PROJECTS LIMITED group structure
Bowers Projects Limited has no subsidiary companies.
Ultimate parent company
BOWERS PROJECTS LIMITED
07391089
bowers projects limited directors
Bowers Projects Limited currently has 2 directors. The longest serving directors include Mr Michael Bowers (Sep 2010) and Mr Beresford Satur (Apr 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Bowers | United Kingdom | 54 years | Sep 2010 | - | Director |
| Mr Beresford Satur | United Kingdom | 68 years | Apr 2012 | - | Director |
P&L
March 2016turnover
1.8m
-35%
operating profit
210.1k
0%
gross margin
20.5%
-4.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2016net assets
414.9k
+0.7%
total assets
1.3m
+0.1%
cash
697.6k
+0.21%
net assets
Total assets minus all liabilities
Similar Companies
bowers projects limited company details
company number
07391089
Type
Private limited with Share Capital
industry
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
incorporation date
September 2010
age
14
accounts
Total Exemption Small
ultimate parent company
previous names
N/A
incorporated
UK
address
verulam advisory, the annexe, ne, cottonmill lane, st albans, herts, AL1 2HA
last accounts submitted
March 2016
bowers projects 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 1 charges/mortgages relating to bowers projects limited. Currently there are 1 open charges and 0 have been satisfied in the past.
bowers projects limited Companies House Filings - See Documents
| date | description | view/download |
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