ballyclare limited
ballyclare limited Company Information
Company Number
07463998
Next Accounts
Sep 2025
Industry
Manufacture of workwear
Shareholders
ballyclare group limited
Group Structure
View All
Contact
Registered Address
102 the oaks business park, crewe road, manchester, M23 9HZ
Website
www.ballyclarelimited.comballyclare limited Estimated Valuation
Pomanda estimates the enterprise value of BALLYCLARE LIMITED at £5.2m based on a Turnover of £7.5m and 0.69x industry multiple (adjusted for size and gross margin).
ballyclare limited Estimated Valuation
Pomanda estimates the enterprise value of BALLYCLARE LIMITED at £0 based on an EBITDA of £-318.7k and a 5.44x industry multiple (adjusted for size and gross margin).
ballyclare limited Estimated Valuation
Pomanda estimates the enterprise value of BALLYCLARE LIMITED at £0 based on Net Assets of £-5.4m and 2.6x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ballyclare Limited Overview
Ballyclare Limited is a live company located in manchester, M23 9HZ with a Companies House number of 07463998. It operates in the manufacture of workwear sector, SIC Code 14120. Founded in December 2010, it's largest shareholder is ballyclare group limited with a 100% stake. Ballyclare Limited is a established, mid sized company, Pomanda has estimated its turnover at £7.5m with declining growth in recent years.
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Ballyclare Limited Health Check
Pomanda's financial health check has awarded Ballyclare Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
8 Weak
Size
annual sales of £7.5m, make it smaller than the average company (£11.2m)
£7.5m - Ballyclare Limited
£11.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (2.8%)
-25% - Ballyclare Limited
2.8% - Industry AVG
Production
with a gross margin of 24.2%, this company has a comparable cost of product (24.4%)
24.2% - Ballyclare Limited
24.4% - Industry AVG
Profitability
an operating margin of -4.8% make it less profitable than the average company (3.9%)
-4.8% - Ballyclare Limited
3.9% - Industry AVG
Employees
with 30 employees, this is below the industry average (50)
30 - Ballyclare Limited
50 - Industry AVG
Pay Structure
on an average salary of £42.6k, the company has a higher pay structure (£32.9k)
£42.6k - Ballyclare Limited
£32.9k - Industry AVG
Efficiency
resulting in sales per employee of £251k, this is more efficient (£205.3k)
£251k - Ballyclare Limited
£205.3k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is earlier than average (62 days)
47 days - Ballyclare Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (34 days)
19 days - Ballyclare Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 36 days, this is less than average (134 days)
36 days - Ballyclare Limited
134 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (6 weeks)
0 weeks - Ballyclare Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 183.4%, this is a higher level of debt than the average (47.5%)
183.4% - Ballyclare Limited
47.5% - Industry AVG
BALLYCLARE LIMITED financials
Ballyclare Limited's latest turnover from December 2023 is £7.5 million and the company has net assets of -£5.4 million. According to their latest financial statements, Ballyclare Limited has 30 employees and maintains cash reserves of £30 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,528,996 | 5,838,842 | 11,352,292 | 17,642,097 | 11,445,888 | 11,931,774 | 11,311,318 | 10,288,611 | 12,761,032 | 10,015,172 | 10,752,572 | 11,151,090 | 9,259,981 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 5,704,667 | 5,401,268 | 12,521,271 | 14,725,058 | 9,852,284 | 8,490,928 | 7,734,765 | 6,876,344 | 8,449,677 | 6,516,904 | 7,009,852 | 7,504,808 | 6,372,596 |
| Gross Profit | 1,824,329 | 437,574 | -1,168,979 | 2,917,039 | 1,593,604 | 3,440,846 | 3,576,553 | 3,412,267 | 4,311,355 | 3,498,268 | 3,742,720 | 3,646,282 | 2,887,385 |
| Admin Expenses | 2,185,390 | 2,756,724 | 3,942,633 | 3,309,271 | 2,955,929 | 3,190,387 | 3,997,550 | 3,509,300 | 3,300,587 | 2,863,471 | 1,531,586 | 3,001,084 | 3,827,313 |
| Operating Profit | -361,061 | -2,319,150 | -5,111,612 | -392,232 | -1,362,325 | 250,459 | -420,997 | -97,033 | 1,010,768 | 634,797 | 2,211,134 | 645,198 | -939,928 |
| Interest Payable | 797,870 | 1,105,975 | 487,744 | 250,763 | 1,773 | 15 | 0 | 0 | 10,700 | 0 | 33,165 | 241,385 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | -1,061,080 | -3,542,448 | -6,180,321 | -757,540 | -1,535,987 | -279,951 | -537,199 | -304,097 | 459,902 | 547,132 | 2,025,127 | 138,733 | -1,172,017 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 263,553 | 0 | 0 | -182,852 | -533,558 | -54,696 | 150,676 |
| Profit After Tax | -1,061,080 | -3,542,448 | -6,180,321 | -757,540 | -1,535,987 | -279,951 | -273,646 | -304,097 | 459,902 | 364,280 | 1,491,569 | 84,037 | -1,021,341 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -1,061,080 | -3,542,448 | -6,180,321 | -757,540 | -1,535,987 | -279,951 | -273,646 | -304,097 | 459,902 | 364,280 | 1,491,569 | 84,037 | -1,021,341 |
| Employee Costs | 1,278,092 | 1,790,131 | 2,499,558 | 2,264,156 | 1,859,605 | 1,781,971 | 2,013,252 | 1,768,263 | 1,764,918 | 1,491,340 | 1,445,398 | 1,555,504 | 1,722,140 |
| Number Of Employees | 30 | 36 | 58 | 61 | 67 | 72 | 86 | 81 | 69 | 56 | 56 | 58 | 80 |
| EBITDA* | -318,713 | -2,244,161 | -5,001,552 | -184,545 | 764,841 | 2,390,750 | 1,881,333 | 1,700,821 | 2,716,957 | 2,208,816 | 3,798,610 | 2,130,092 | 105,540 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 75,329 | 119,745 | 160,803 | 225,250 | 430,315 | 6,815,846 | 6,239,426 | 7,252,739 | 6,801,311 | 6,371,309 | 7,430,805 | 7,615,132 | 5,196,162 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 589,905 | 873,059 | 1,156,213 | 1,439,367 | 1,722,521 | 2,005,675 |
| Investments & Other | 1,844,053 | 1,844,053 | 1,844,053 | 1,844,053 | 1,844,053 | 0 | 1,844,053 | 1,844,053 | 1,844,053 | 1,844,053 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 103,905 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,919,382 | 1,963,798 | 2,004,856 | 2,069,303 | 2,378,273 | 6,815,846 | 8,083,479 | 9,686,697 | 9,518,423 | 9,371,575 | 8,870,172 | 9,337,653 | 7,201,837 |
| Stock & work in progress | 572,273 | 1,989,390 | 4,571,937 | 7,017,312 | 5,605,481 | 4,230,832 | 4,530,967 | 3,813,610 | 2,702,304 | 2,703,289 | 1,793,286 | 2,396,424 | 5,812,174 |
| Trade Debtors | 980,663 | 945,892 | 2,038,701 | 1,621,041 | 1,444,037 | 2,106,470 | 1,405,553 | 1,268,158 | 3,369,037 | 2,028,694 | 1,247,269 | 1,692,933 | 1,748,414 |
| Group Debtors | 2,873,915 | 3,279,779 | 3,375,102 | 3,445,016 | 5,406,412 | 0 | 0 | 0 | 0 | 39,878 | 0 | 0 | 1,869 |
| Misc Debtors | 151,158 | 122,458 | 333,107 | 1,206,409 | 608,160 | 0 | 311,901 | 308,850 | 390,946 | 283,023 | 228,582 | 885,973 | 957,216 |
| Cash | 29,976 | 471,871 | 343,248 | 864,760 | 938,583 | 827,039 | 419,364 | 512,233 | 424,025 | 867,849 | 2,201,340 | 0 | 70,668 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,607,985 | 6,809,390 | 10,662,095 | 14,154,538 | 14,002,673 | 9,555,042 | 6,883,471 | 5,902,851 | 6,886,312 | 5,922,733 | 5,470,477 | 4,975,330 | 8,590,341 |
| total assets | 6,527,367 | 8,773,188 | 12,666,951 | 16,223,841 | 16,380,946 | 16,370,888 | 14,966,950 | 15,589,548 | 16,404,735 | 15,294,308 | 14,340,649 | 14,312,983 | 15,792,178 |
| Bank overdraft | 7,542,600 | 6,469,808 | 4,443,777 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 911,893 | 2,515,881 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 304,390 | 566,960 | 1,660,339 | 2,438,251 | 2,829,620 | 2,340,700 | 1,453,364 | 1,193,899 | 1,050,340 | 901,257 | 787,691 | 2,247,757 | 2,751,029 |
| Group/Directors Accounts | 2,572,047 | 5,395,197 | 6,031,987 | 6,620,056 | 1,648,505 | 0 | 49,960 | 350,348 | 814,651 | 60,904 | 0 | 177,700 | 10,735,374 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 463,988 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 67,894 | 0 |
| other current liabilities | 1,549,911 | 721,724 | 1,368,901 | 1,823,266 | 917,954 | 0 | 662,821 | 707,297 | 897,643 | 1,149,948 | 917,991 | 892,611 | 811,234 |
| total current liabilities | 11,968,948 | 13,153,689 | 13,505,004 | 10,881,573 | 5,396,079 | 3,487,316 | 2,166,145 | 2,251,544 | 2,762,634 | 2,112,109 | 1,705,682 | 4,297,855 | 16,813,518 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,535,052 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 417,379 | 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 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 263,553 | 263,553 | 263,553 | 80,701 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 362,718 | 0 | 263,553 | 263,553 | 263,553 | 80,701 | 10,952,431 | 0 |
| total liabilities | 11,968,948 | 13,153,689 | 13,505,004 | 10,881,573 | 5,396,079 | 3,850,034 | 2,166,145 | 2,515,097 | 3,026,187 | 2,375,662 | 1,786,383 | 15,250,286 | 16,813,518 |
| net assets | -5,441,581 | -4,380,501 | -838,053 | 5,342,268 | 10,984,867 | 12,520,854 | 12,800,805 | 13,074,451 | 13,378,548 | 12,918,646 | 12,554,266 | -937,303 | -1,021,340 |
| total shareholders funds | -5,441,581 | -4,380,501 | -838,053 | 5,342,268 | 10,984,867 | 12,520,854 | 12,800,805 | 13,074,451 | 13,378,548 | 12,918,646 | 12,554,266 | -937,303 | -1,021,340 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | -361,061 | -2,319,150 | -5,111,612 | -392,232 | -1,362,325 | 250,459 | -420,997 | -97,033 | 1,010,768 | 634,797 | 2,211,134 | 645,198 | -939,928 |
| Depreciation | 42,348 | 74,989 | 110,060 | 207,687 | 2,127,166 | 2,140,291 | 1,712,425 | 1,514,700 | 1,423,035 | 1,290,865 | 1,304,322 | 1,201,740 | 785,910 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 589,905 | 283,154 | 283,154 | 283,154 | 283,154 | 283,154 | 259,558 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 263,553 | 0 | 0 | -182,852 | -533,558 | -54,696 | 150,676 |
| Stock | -1,417,117 | -2,582,547 | -2,445,375 | 1,411,831 | 1,374,649 | -300,135 | 717,357 | 1,111,306 | -985 | 910,003 | -603,138 | -3,415,750 | 5,812,174 |
| Debtors | -342,393 | -1,398,781 | -525,556 | -1,290,048 | 5,456,044 | 173,330 | 356,132 | -2,182,975 | 1,408,388 | 875,744 | -1,103,055 | -128,593 | 2,707,499 |
| Creditors | -262,570 | -1,093,379 | -777,912 | -391,369 | 488,920 | 887,336 | 259,465 | 143,559 | 149,083 | 113,566 | -1,460,066 | -503,272 | 2,751,029 |
| Accruals and Deferred Income | 828,187 | -647,177 | -454,365 | 905,312 | 917,954 | -662,821 | -44,476 | -190,346 | -252,305 | 231,957 | 25,380 | 81,377 | 811,234 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -263,553 | 0 | 0 | 182,852 | 80,701 | 0 | 0 |
| Cash flow from operations | 2,006,414 | -3,389 | -3,262,898 | 207,615 | -4,658,978 | 1,022,833 | 2,725,703 | 1,206,332 | 768,592 | 3,617,260 | 5,197,844 | -4,701,194 | |
| Investing Activities | |||||||||||||
| capital expenditure | -1,350,729 | -3,196,272 | -5,722,542 | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 1,844,053 | -1,844,053 | 0 | 0 | 0 | 1,844,053 | 0 | 0 | 0 |
| cash flow from investments | -1,350,729 | -3,196,272 | -5,722,542 | ||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -2,823,150 | -636,790 | -588,069 | 4,971,551 | 1,648,505 | -49,960 | -300,388 | -464,303 | 753,747 | 60,904 | -177,700 | -10,557,674 | 10,735,374 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | -463,988 | 463,988 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10,535,052 | 10,535,052 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -485,273 | 485,273 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | -797,870 | -1,105,975 | -487,744 | -250,763 | -1,773 | 0 | 0 | -10,700 | 0 | -33,165 | -241,385 | 0 | |
| cash flow from financing | -3,621,020 | -1,742,765 | -1,075,813 | -164,271 | 1,182,744 | -300,388 | -464,303 | 743,047 | 61,004 | 768,810 | 221,266 | 10,735,375 | |
| cash and cash equivalents | |||||||||||||
| cash | -441,895 | 128,623 | -521,512 | -73,823 | 111,544 | 407,675 | -92,869 | 88,208 | -443,824 | -1,333,491 | 2,201,340 | -70,668 | 70,668 |
| overdraft | 1,072,792 | 2,026,031 | 4,443,777 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -911,893 | -1,603,988 | 2,515,881 |
| change in cash | -1,514,687 | -1,897,408 | -4,965,289 | -73,823 | 111,544 | 407,675 | -92,869 | 88,208 | -443,824 | -1,333,491 | 3,113,233 | 1,533,320 | -2,445,213 |
ballyclare limited Credit Report and Business Information
Ballyclare Limited Competitor Analysis
Perform a competitor analysis for ballyclare limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in M23 area or any other competitors across 12 key performance metrics.
ballyclare limited Ownership
BALLYCLARE LIMITED group structure
Ballyclare Limited has 1 subsidiary company.
Ultimate parent company
2 parents
BALLYCLARE LIMITED
07463998
1 subsidiary
ballyclare limited directors
Ballyclare Limited currently has 3 directors. The longest serving directors include Mr Carlton Greener (Feb 2012) and Mr Arvin Ghoora (Jul 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Carlton Greener | England | 58 years | Feb 2012 | - | Director |
| Mr Arvin Ghoora | England | 44 years | Jul 2024 | - | Director |
| Mr Hansjuergen Huebner | England | 46 years | Jul 2024 | - | Director |
P&L
December 2023turnover
7.5m
+29%
operating profit
-361.1k
-84%
gross margin
24.3%
+223.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-5.4m
+0.24%
total assets
6.5m
-0.26%
cash
30k
-0.94%
net assets
Total assets minus all liabilities
ballyclare limited company details
company number
07463998
Type
Private limited with Share Capital
industry
14120 - Manufacture of workwear
incorporation date
December 2010
age
14
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
C AND L PARTNERS
address
102 the oaks business park, crewe road, manchester, M23 9HZ
Bank
-
Legal Advisor
-
ballyclare 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 ballyclare limited. Currently there are 4 open charges and 2 have been satisfied in the past.
ballyclare 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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ballyclare limited Companies House Filings - See Documents
| date | description | view/download |
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