bluechip spares ltd
bluechip spares ltd Company Information
Company Number
07768508
Next Accounts
Jun 2025
Industry
Retail trade of motor vehicle parts and accessories
Directors
Shareholders
tarlochan singh
Group Structure
View All
Contact
Registered Address
483 green lanes, london, N13 4BS
Website
www.bluechipspares.co.ukbluechip spares ltd Estimated Valuation
Pomanda estimates the enterprise value of BLUECHIP SPARES LTD at £47.3k based on a Turnover of £194.8k and 0.24x industry multiple (adjusted for size and gross margin).
bluechip spares ltd Estimated Valuation
Pomanda estimates the enterprise value of BLUECHIP SPARES LTD at £0 based on an EBITDA of £-29.7k and a 3.03x industry multiple (adjusted for size and gross margin).
bluechip spares ltd Estimated Valuation
Pomanda estimates the enterprise value of BLUECHIP SPARES LTD at £0 based on Net Assets of £-25.4k and 2.72x industry multiple (adjusted for liquidity).
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Bluechip Spares Ltd Overview
Bluechip Spares Ltd is a live company located in london, N13 4BS with a Companies House number of 07768508. It operates in the retail trade of motor vehicle parts and accessories sector, SIC Code 45320. Founded in September 2011, it's largest shareholder is tarlochan singh with a 100% stake. Bluechip Spares Ltd is a established, micro sized company, Pomanda has estimated its turnover at £194.8k with declining growth in recent years.
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Bluechip Spares Ltd Health Check
Pomanda's financial health check has awarded Bluechip Spares Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £194.8k, make it smaller than the average company (£1.5m)
- Bluechip Spares Ltd
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (6.8%)
- Bluechip Spares Ltd
6.8% - Industry AVG
Production
with a gross margin of 17.4%, this company has a higher cost of product (28.4%)
- Bluechip Spares Ltd
28.4% - Industry AVG
Profitability
an operating margin of -15.2% make it less profitable than the average company (4%)
- Bluechip Spares Ltd
4% - Industry AVG
Employees
with 1 employees, this is below the industry average (16)
- Bluechip Spares Ltd
16 - Industry AVG
Pay Structure
on an average salary of £28.9k, the company has an equivalent pay structure (£28.9k)
- Bluechip Spares Ltd
£28.9k - Industry AVG
Efficiency
resulting in sales per employee of £194.8k, this is equally as efficient (£172k)
- Bluechip Spares Ltd
£172k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is near the average (39 days)
- Bluechip Spares Ltd
39 days - Industry AVG
Creditor Days
its suppliers are paid after 168 days, this is slower than average (45 days)
- Bluechip Spares Ltd
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bluechip Spares Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Bluechip Spares Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 151.9%, this is a higher level of debt than the average (69.4%)
151.9% - Bluechip Spares Ltd
69.4% - Industry AVG
BLUECHIP SPARES LTD financials
Bluechip Spares Ltd's latest turnover from September 2023 is estimated at £194.8 thousand and the company has net assets of -£25.4 thousand. According to their latest financial statements, we estimate that Bluechip Spares Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | |||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 29,684 | 43 | 178 | 312 | 446 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 29,684 | 43 | 178 | 312 | 446 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 19,258 | 64,166 | 74,457 | 69,923 | 22,040 | 7,444 | 8,557 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 55 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,500 | 6,356 | 7,502 | 9,323 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 19,258 | 64,221 | 74,457 | 69,923 | 22,040 | 7,444 | 8,557 | 6,500 | 6,356 | 7,502 | 9,323 | 0 |
| total assets | 48,942 | 64,264 | 74,635 | 70,235 | 22,486 | 7,444 | 8,557 | 6,500 | 6,356 | 7,502 | 9,323 | 0 |
| Bank overdraft | 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 |
| Trade Creditors | 74,361 | 60,025 | 70,207 | 67,817 | 34,241 | 18,624 | 0 | 5,100 | 4,600 | 4,735 | 8,112 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 74,361 | 60,025 | 70,207 | 67,817 | 34,241 | 18,624 | 0 | 5,100 | 4,600 | 4,735 | 8,112 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 6,692 | 0 | 0 | 15,343 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 6,692 | 0 | 0 | 15,343 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 74,361 | 60,025 | 70,207 | 74,509 | 34,241 | 18,624 | 15,343 | 5,100 | 4,600 | 4,735 | 8,112 | 0 |
| net assets | -25,419 | 4,239 | 4,428 | -4,274 | -11,755 | -11,180 | -6,786 | 1,400 | 1,756 | 2,767 | 1,211 | 0 |
| total shareholders funds | -25,419 | 4,239 | 4,428 | -4,274 | -11,755 | -11,180 | -6,786 | 1,400 | 1,756 | 2,767 | 1,211 | 0 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 134 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Tax | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -44,963 | -10,236 | 4,534 | 47,883 | 14,596 | -1,113 | 8,557 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 14,336 | -10,182 | 2,390 | 33,576 | 15,617 | 18,624 | -5,100 | 500 | -135 | -3,377 | 8,112 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -6,692 | 6,692 | 0 | -15,343 | 15,343 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -6,500 | 144 | -1,146 | -1,821 | 9,323 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -6,500 | 144 | -1,146 | -1,821 | 9,323 | 0 |
bluechip spares ltd Credit Report and Business Information
Bluechip Spares Ltd Competitor Analysis
Perform a competitor analysis for bluechip spares ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in N13 area or any other competitors across 12 key performance metrics.
bluechip spares ltd Ownership
BLUECHIP SPARES LTD group structure
Bluechip Spares Ltd has no subsidiary companies.
Ultimate parent company
BLUECHIP SPARES LTD
07768508
bluechip spares ltd directors
Bluechip Spares Ltd currently has 1 director, Mr Tarlochan Singh serving since Sep 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Tarlochan Singh | England | 47 years | Sep 2011 | - | Director |
P&L
September 2023turnover
194.8k
-20%
operating profit
-29.7k
0%
gross margin
17.5%
+11.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-25.4k
-7%
total assets
48.9k
-0.24%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
bluechip spares ltd company details
company number
07768508
Type
Private limited with Share Capital
industry
45320 - Retail trade of motor vehicle parts and accessories
incorporation date
September 2011
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
TALLY ACCOUNTANTS LTD
auditor
-
address
483 green lanes, london, N13 4BS
Bank
-
Legal Advisor
-
bluechip spares 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 bluechip spares ltd.
bluechip spares 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 BLUECHIP SPARES LTD. This can take several minutes, an email will notify you when this has completed.
bluechip spares ltd Companies House Filings - See Documents
| date | description | view/download |
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