bluespark automotive ltd

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bluespark automotive ltd Company Information

Share BLUESPARK AUTOMOTIVE LTD
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EstablishedSmallHealthy

Company Number

07541023

Registered Address

linden gardens station road, houghton le spring, county durham, DH4 6SE

Industry

Manufacture of electronic components

 

Retail trade of motor vehicle parts and accessories

 

Telephone

01913859005

Next Accounts Due

December 2024

Group Structure

View All

Directors

Alan Fisher13 Years

Shareholders

alan edward fisher 50%

bluespark automotive holdings limited 50%

bluespark automotive ltd Estimated Valuation

£840.5k

Pomanda estimates the enterprise value of BLUESPARK AUTOMOTIVE LTD at £840.5k based on a Turnover of £1.8m and 0.47x industry multiple (adjusted for size and gross margin).

bluespark automotive ltd Estimated Valuation

£503.4k

Pomanda estimates the enterprise value of BLUESPARK AUTOMOTIVE LTD at £503.4k based on an EBITDA of £142.4k and a 3.54x industry multiple (adjusted for size and gross margin).

bluespark automotive ltd Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of BLUESPARK AUTOMOTIVE LTD at £1.7m based on Net Assets of £741.9k and 2.35x industry multiple (adjusted for liquidity).

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Bluespark Automotive Ltd Overview

Bluespark Automotive Ltd is a live company located in county durham, DH4 6SE with a Companies House number of 07541023. It operates in the manufacture of electronic components sector, SIC Code 26110. Founded in February 2011, it's largest shareholder is alan edward fisher with a 50% stake. Bluespark Automotive Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.8m with healthy growth in recent years.

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Bluespark Automotive Ltd Health Check

Pomanda's financial health check has awarded Bluespark Automotive Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £1.8m, make it smaller than the average company (£11.9m)

£1.8m - Bluespark Automotive Ltd

£11.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (6.4%)

7% - Bluespark Automotive Ltd

6.4% - Industry AVG

production

Production

with a gross margin of 17%, this company has a higher cost of product (31.4%)

17% - Bluespark Automotive Ltd

31.4% - Industry AVG

profitability

Profitability

an operating margin of 8% make it more profitable than the average company (5.3%)

8% - Bluespark Automotive Ltd

5.3% - Industry AVG

employees

Employees

with 8 employees, this is below the industry average (58)

8 - Bluespark Automotive Ltd

58 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.1k, the company has an equivalent pay structure (£36.1k)

£36.1k - Bluespark Automotive Ltd

£36.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £222.9k, this is more efficient (£165k)

£222.9k - Bluespark Automotive Ltd

£165k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 142 days, this is later than average (48 days)

142 days - Bluespark Automotive Ltd

48 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 8 days, this is quicker than average (48 days)

8 days - Bluespark Automotive Ltd

48 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Bluespark Automotive Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Bluespark Automotive Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 4.2%, this is a lower level of debt than the average (53.4%)

4.2% - Bluespark Automotive Ltd

53.4% - Industry AVG

BLUESPARK AUTOMOTIVE LTD financials

EXPORTms excel logo

Bluespark Automotive Ltd's latest turnover from March 2023 is estimated at £1.8 million and the company has net assets of £741.9 thousand. According to their latest financial statements, Bluespark Automotive Ltd has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Turnover1,782,8351,592,7491,221,3721,461,0111,640,3191,301,6291,379,517749,032111,73758,221510,512189,529
Other Income Or Grants000000000000
Cost Of Sales1,479,1681,305,0251,000,7111,172,9471,320,1481,049,0651,110,053607,58091,80848,327408,529150,105
Gross Profit303,667287,724220,660288,063320,171252,563269,464141,45219,9309,894101,98339,424
Admin Expenses161,290111,945282,151305,387263,355196,995223,378-19,811-192,769-21,415-1,354-4,499
Operating Profit142,377175,779-61,491-17,32456,81655,56846,086161,263212,69931,309103,33743,923
Interest Payable000000000000
Interest Receivable0000002861,5501,41543800
Pre-Tax Profit142,377175,779-61,491-17,32456,81655,56846,373162,813214,11431,747103,33743,923
Tax-27,052-33,39800-10,795-10,558-9,274-32,562-44,964-7,302-24,801-11,420
Profit After Tax115,325142,381-61,491-17,32446,02145,01037,098130,250169,15024,44578,53632,503
Dividends Paid000000000000
Retained Profit115,325142,381-61,491-17,32446,02145,01037,098130,250169,15024,44578,53632,503
Employee Costs288,415204,384200,763206,172198,430191,179157,903127,45331,71630,92687,87228,848
Number Of Employees866666541131
EBITDA*142,377175,779-61,491-17,32456,81655,56846,086163,237213,75031,749103,92244,701

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Tangible Assets53,75119,77325,36226,87126,79135,9576,7658,5404,2971,3481,7872,372
Intangible Assets000000000000
Investments & Other000000000000
Debtors (Due After 1 year)000000000000
Total Fixed Assets53,75119,77325,36226,87126,79135,9576,7658,5404,2971,3481,7872,372
Stock & work in progress000000012,77512,23710,4874,5004,500
Trade Debtors695,243663,087508,900558,518646,052534,097535,469261,1091,2801,280166,63762,670
Group Debtors000000000000
Misc Debtors25,6161,2021,3751,3561,5370000000
Cash0000000229,035390,930175,13100
misc current assets000003,2582,69200000
total current assets720,859664,289510,275559,874647,589537,355538,161502,919404,447186,898171,13767,170
total assets774,610684,062535,637586,745674,380573,312544,926511,459408,744188,246172,92469,542
Bank overdraft000000000000
Bank loan000000000000
Trade Creditors 32,70657,48351,43941,056111,36756,32072,94476,475104,01052,66261,78536,939
Group/Directors Accounts000000000000
other short term finances000000000000
hp & lease commitments000000000000
other current liabilities000000000000
total current liabilities32,70657,48351,43941,056111,36756,32072,94476,475104,01052,66261,78536,939
loans000000000000
hp & lease commitments000000000000
Accruals and Deferred Income000000000000
other liabilities000000000000
provisions000000000000
total long term liabilities000000000000
total liabilities32,70657,48351,43941,056111,36756,32072,94476,475104,01052,66261,78536,939
net assets741,904626,579484,198545,689563,013516,992471,982434,984304,734135,584111,13932,603
total shareholders funds741,904626,579484,198545,689563,013516,992471,982434,984304,734135,584111,13932,603
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Operating Activities
Operating Profit142,377175,779-61,491-17,32456,81655,56846,086161,263212,69931,309103,33743,923
Depreciation00000001,9741,051440585778
Amortisation000000000000
Tax-27,052-33,39800-10,795-10,558-9,274-32,562-44,964-7,302-24,801-11,420
Stock000000-12,7755381,7505,98704,500
Debtors56,570154,014-49,599-87,715113,492-1,372274,360259,8290-165,357103,96762,670
Creditors-24,7776,04410,383-70,31155,047-16,624-3,531-27,53551,348-9,12324,84636,939
Accruals and Deferred Income000000000000
Deferred Taxes & Provisions000000000000
Cash flow from operations33,978-5,589-1,50980-12,42429,758-228,304-157,227218,384174,69403,050
Investing Activities
capital expenditure-33,9785,5891,509-809,166-29,1921,775-6,217-4,000-10-3,150
Change in Investments000000000000
cash flow from investments-33,9785,5891,509-809,166-29,1921,775-6,217-4,000-10-3,150
Financing Activities
Bank loans000000000000
Group/Directors Accounts000000000000
Other Short Term Loans 000000000000
Long term loans000000000000
Hire Purchase and Lease Commitments000000000000
other long term liabilities000000000000
share issue000000-1000000100
interest0000002861,5501,41543800
cash flow from financing0000001861,5501,4154380100
cash and cash equivalents
cash000000-229,035-161,895215,799175,13100
overdraft000000000000
change in cash000000-229,035-161,895215,799175,13100

bluespark automotive ltd 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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Bluespark Automotive Ltd Competitor Analysis

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Perform a competitor analysis for bluespark automotive ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

bluespark automotive ltd Ownership

BLUESPARK AUTOMOTIVE LTD group structure

Bluespark Automotive Ltd has no subsidiary companies.

Ultimate parent company

BLUESPARK AUTOMOTIVE LTD

07541023

BLUESPARK AUTOMOTIVE LTD Shareholders

alan edward fisher 50%
bluespark automotive holdings limited 50%

bluespark automotive ltd directors

Bluespark Automotive Ltd currently has 1 director, Mr Alan Fisher serving since Feb 2011.

officercountryagestartendrole
Mr Alan FisherEngland37 years Feb 2011- Director

P&L

March 2023

turnover

1.8m

+12%

operating profit

142.4k

0%

gross margin

17.1%

-5.71%

turnover

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

Balance Sheet

March 2023

net assets

741.9k

+0.18%

total assets

774.6k

+0.13%

cash

0

0%

net assets

Total assets minus all liabilities

bluespark automotive ltd company details

company number

07541023

Type

Private limited with Share Capital

industry

26110 - Manufacture of electronic components

45320 - Retail trade of motor vehicle parts and accessories

incorporation date

February 2011

age

13

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

UK

address

linden gardens station road, houghton le spring, county durham, DH4 6SE

last accounts submitted

March 2023

bluespark automotive ltd 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 bluespark automotive ltd.

charges

bluespark automotive ltd Companies House Filings - See Documents

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