on your bike (recycle) ltd
on your bike (recycle) ltd Company Information
Group Structure
View All
Industry
Repair of other equipment
+2Registered Address
the coach house, station approach, taunton, somerset, TA1 1QW
Website
www.onyourbike.orgon your bike (recycle) ltd Estimated Valuation
Pomanda estimates the enterprise value of ON YOUR BIKE (RECYCLE) LTD at £143.7k based on a Turnover of £274.6k and 0.52x industry multiple (adjusted for size and gross margin).
on your bike (recycle) ltd Estimated Valuation
Pomanda estimates the enterprise value of ON YOUR BIKE (RECYCLE) LTD at £76.3k based on an EBITDA of £17.3k and a 4.42x industry multiple (adjusted for size and gross margin).
on your bike (recycle) ltd Estimated Valuation
Pomanda estimates the enterprise value of ON YOUR BIKE (RECYCLE) LTD at £206.3k based on Net Assets of £77.6k and 2.66x industry multiple (adjusted for liquidity).
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On Your Bike (recycle) Ltd Overview
On Your Bike (recycle) Ltd is a live company located in taunton, TA1 1QW with a Companies House number of 07743521. It operates in the repair of other equipment sector, SIC Code 33190. Founded in August 2011, it's largest shareholder is unknown. On Your Bike (recycle) Ltd is a established, micro sized company, Pomanda has estimated its turnover at £274.6k with declining growth in recent years.
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On Your Bike (recycle) Ltd Health Check
Pomanda's financial health check has awarded On Your Bike (Recycle) Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £274.6k, make it smaller than the average company (£1.7m)
£274.6k - On Your Bike (recycle) Ltd
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (8%)
-3% - On Your Bike (recycle) Ltd
8% - Industry AVG
Production
with a gross margin of 48.7%, this company has a comparable cost of product (48.7%)
48.7% - On Your Bike (recycle) Ltd
48.7% - Industry AVG
Profitability
an operating margin of 5.2% make it as profitable than the average company (5.1%)
5.2% - On Your Bike (recycle) Ltd
5.1% - Industry AVG
Employees
with 8 employees, this is below the industry average (17)
8 - On Your Bike (recycle) Ltd
17 - Industry AVG
Pay Structure
on an average salary of £20.7k, the company has a lower pay structure (£29.6k)
£20.7k - On Your Bike (recycle) Ltd
£29.6k - Industry AVG
Efficiency
resulting in sales per employee of £34.3k, this is less efficient (£104.1k)
£34.3k - On Your Bike (recycle) Ltd
£104.1k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (31 days)
1 days - On Your Bike (recycle) Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (39 days)
5 days - On Your Bike (recycle) Ltd
39 days - Industry AVG
Stock Days
it holds stock equivalent to 68 days, this is in line with average (77 days)
68 days - On Your Bike (recycle) Ltd
77 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 292 weeks, this is more cash available to meet short term requirements (40 weeks)
292 weeks - On Your Bike (recycle) Ltd
40 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.7%, this is a lower level of debt than the average (51.9%)
9.7% - On Your Bike (recycle) Ltd
51.9% - Industry AVG
ON YOUR BIKE (RECYCLE) LTD financials
On Your Bike (Recycle) Ltd's latest turnover from February 2024 is £274.6 thousand and the company has net assets of £77.6 thousand. According to their latest financial statements, On Your Bike (Recycle) Ltd has 8 employees and maintains cash reserves of £46.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 274,598 | 246,612 | 176,788 | 297,512 | 165,000 | 147,010 | 118,145 | 90,539 | 114,449 | 88,226 | 77,253 | 76,370 | |
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | 12,270 | -8,151 | -80,302 | 93,437 | 15,907 | -17,677 | 23,644 | 569 | 31,872 | -7,321 | -4,193 | 17,496 | |
| Tax | |||||||||||||
| Profit After Tax | 12,270 | -8,151 | -80,302 | 93,437 | 15,907 | -17,677 | 23,644 | 569 | 31,872 | -7,321 | -4,193 | 17,496 | |
| Dividends Paid | |||||||||||||
| Retained Profit | 12,270 | -8,151 | -80,302 | 93,437 | 15,907 | -17,677 | 23,644 | 569 | 31,872 | -7,321 | -4,193 | 17,496 | |
| Employee Costs | 165,711 | 158,077 | 170,360 | 132,931 | 88,691 | 90,961 | 52,428 | 49,796 | 49,624 | 53,223 | 47,451 | 26,786 | |
| Number Of Employees | 8 | 8 | 8 | 8 | 6 | 5 | 4 | 4 | 4 | 5 | 5 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,362 | 12,976 | 15,540 | 9,986 | 5,686 | 7,677 | 288 | 414 | 911 | 1,449 | 2,143 | 2,927 | |
| Intangible Assets | |||||||||||||
| Investments & Other | 2 | 2 | 2 | 2 | 2 | 2 | |||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 10,364 | 12,978 | 15,542 | 9,988 | 5,688 | 7,679 | 288 | 414 | 911 | 1,449 | 2,143 | 2,927 | |
| Stock & work in progress | 26,253 | 30,487 | 32,009 | 20,487 | 11,328 | 28,805 | 22,405 | 10,788 | 11,241 | 5,275 | 1,000 | 3,000 | |
| Trade Debtors | 1,054 | 953 | 800 | ||||||||||
| Group Debtors | 616 | ||||||||||||
| Misc Debtors | 1,345 | 1,150 | 38 | 12,511 | 128 | 128 | 351 | 364 | 1,794 | 516 | 597 | ||
| Cash | 46,857 | 31,732 | 36,850 | 119,772 | 45,396 | 35,075 | 40,935 | 28,662 | 27,883 | 1,869 | 13,093 | 12,600 | |
| misc current assets | |||||||||||||
| total current assets | 75,509 | 64,322 | 69,697 | 152,770 | 57,468 | 64,008 | 63,691 | 39,814 | 39,124 | 8,938 | 14,609 | 16,197 | |
| total assets | 85,873 | 77,300 | 85,239 | 162,758 | 63,156 | 71,687 | 63,979 | 40,228 | 40,035 | 10,387 | 16,752 | 19,124 | |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 2,037 | 5,314 | 4,362 | 24,092 | 543 | 2,395 | 1,822 | ||||||
| Group/Directors Accounts | |||||||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 6,285 | 6,705 | 7,445 | 9,024 | 2,859 | 3,205 | 1,912 | 1,805 | 1,638 | 2,010 | 1,627 | 1,628 | |
| total current liabilities | 8,322 | 12,019 | 11,807 | 9,024 | 2,859 | 27,297 | 1,912 | 1,805 | 2,181 | 4,405 | 3,449 | 1,628 | |
| loans | |||||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | |||||||||||||
| provisions | |||||||||||||
| total long term liabilities | |||||||||||||
| total liabilities | 8,322 | 12,019 | 11,807 | 9,024 | 2,859 | 27,297 | 1,912 | 1,805 | 2,181 | 4,405 | 3,449 | 1,628 | |
| net assets | 77,551 | 65,281 | 73,432 | 153,734 | 60,297 | 44,390 | 62,067 | 38,423 | 37,854 | 5,982 | 13,303 | 17,496 | |
| total shareholders funds | 77,551 | 65,281 | 73,432 | 153,734 | 60,297 | 44,390 | 62,067 | 38,423 | 37,854 | 5,982 | 13,303 | 17,496 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 2,964 | 3,195 | 5,078 | 3,274 | 1,991 | 2,005 | 126 | 497 | 538 | 1,002 | 1,317 | 1,237 | |
| Amortisation | |||||||||||||
| Tax | |||||||||||||
| Stock | -4,234 | -1,522 | 11,522 | 9,159 | -17,477 | 6,400 | 11,617 | -453 | 5,966 | 4,275 | -2,000 | 3,000 | |
| Debtors | 296 | 1,265 | -11,673 | 11,767 | 616 | -223 | -13 | 364 | -1,794 | 1,278 | -81 | 597 | |
| Creditors | -3,277 | 952 | 4,362 | -24,092 | 24,092 | -543 | -1,852 | 573 | 1,822 | ||||
| Accruals and Deferred Income | -420 | -740 | -1,579 | 6,165 | -346 | 1,293 | 107 | 167 | -372 | 383 | -1 | 1,628 | |
| Deferred Taxes & Provisions | |||||||||||||
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 2 | ||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | |||||||||||||
| Other Short Term Loans | |||||||||||||
| Long term loans | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | |||||||||||||
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 15,125 | -5,118 | -82,922 | 74,376 | 10,321 | -5,860 | 12,273 | 779 | 26,014 | -11,224 | 493 | 12,600 | |
| overdraft | |||||||||||||
| change in cash | 15,125 | -5,118 | -82,922 | 74,376 | 10,321 | -5,860 | 12,273 | 779 | 26,014 | -11,224 | 493 | 12,600 |
on your bike (recycle) ltd Credit Report and Business Information
On Your Bike (recycle) Ltd Competitor Analysis
Perform a competitor analysis for on your bike (recycle) ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in TA1 area or any other competitors across 12 key performance metrics.
on your bike (recycle) ltd Ownership
ON YOUR BIKE (RECYCLE) LTD group structure
On Your Bike (Recycle) Ltd has no subsidiary companies.
Ultimate parent company
ON YOUR BIKE (RECYCLE) LTD
07743521
on your bike (recycle) ltd directors
On Your Bike (Recycle) Ltd currently has 8 directors. The longest serving directors include Mr Roger Habgood (Mar 2015) and Dr Mark Howell (Oct 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Roger Habgood | England | 68 years | Mar 2015 | - | Director |
| Dr Mark Howell | England | 53 years | Oct 2016 | - | Director |
| Mr Hugh Gregory | 73 years | Jul 2021 | - | Director | |
| Mr Barry Nicholls | United Kingdom | 70 years | Dec 2022 | - | Director |
| Mr Oliver Moore | England | 42 years | Dec 2023 | - | Director |
| Mr Diogo Nobrega Rodrigues | United Kingdom | 35 years | Dec 2023 | - | Director |
| Mr Michael Southway | 60 years | Jun 2024 | - | Director | |
| Mrs Amanda Whitlock | 61 years | Jun 2024 | - | Director |
P&L
February 2024turnover
274.6k
+11%
operating profit
14.3k
0%
gross margin
48.8%
-1.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
77.6k
+0.19%
total assets
85.9k
+0.11%
cash
46.9k
+0.48%
net assets
Total assets minus all liabilities
on your bike (recycle) ltd company details
company number
07743521
Type
Private Ltd By Guarantee w/o Share Cap
industry
47640 - Retail sale of sporting equipment in specialised stores
33190 - Repair of other equipment
47799 - Retail sale of second-hand goods (other than antiques and antique books) in stores
incorporation date
August 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
MICHELLE FERRIS
auditor
-
address
the coach house, station approach, taunton, somerset, TA1 1QW
Bank
-
Legal Advisor
-
on your bike (recycle) 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 on your bike (recycle) ltd.
on your bike (recycle) ltd 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.
Click to start generating capital raising & share issue transactions for ON YOUR BIKE (RECYCLE) LTD. This can take several minutes, an email will notify you when this has completed.
on your bike (recycle) ltd Companies House Filings - See Documents
| date | description | view/download |
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