brown source limited
brown source limited Company Information
Company Number
07885606
Website
bigfurniturewarehouse.comRegistered Address
cba business solutions ltd, 126 new walk, leicester, LE1 7JA
Industry
Retail sale via mail order houses or via Internet
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Directors
Richard Brown12 Years
Shareholders
richard brown 100%
brown source limited Estimated Valuation
Pomanda estimates the enterprise value of BROWN SOURCE LIMITED at £267.3k based on a Turnover of £1m and 0.26x industry multiple (adjusted for size and gross margin).
brown source limited Estimated Valuation
Pomanda estimates the enterprise value of BROWN SOURCE LIMITED at £0 based on an EBITDA of £-73k and a 3.54x industry multiple (adjusted for size and gross margin).
brown source limited Estimated Valuation
Pomanda estimates the enterprise value of BROWN SOURCE LIMITED at £36.5k based on Net Assets of £17.6k and 2.07x industry multiple (adjusted for liquidity).
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Brown Source Limited Overview
Brown Source Limited is a dissolved company that was located in leicester, LE1 7JA with a Companies House number of 07885606. It operated in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in December 2011, it's largest shareholder was richard brown with a 100% stake. The last turnover for Brown Source Limited was estimated at £1m.
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Brown Source Limited Health Check
Pomanda's financial health check has awarded Brown Source Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £1m, make it larger than the average company (£534.2k)
- Brown Source Limited
£534.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 112%, show it is growing at a faster rate (4.6%)
- Brown Source Limited
4.6% - Industry AVG
Production
with a gross margin of 25.4%, this company has a higher cost of product (38.8%)
- Brown Source Limited
38.8% - Industry AVG
Profitability
an operating margin of -8.2% make it less profitable than the average company (4.8%)
- Brown Source Limited
4.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (53)
- Brown Source Limited
53 - Industry AVG
Pay Structure
on an average salary of £27.5k, the company has an equivalent pay structure (£27.5k)
- Brown Source Limited
£27.5k - Industry AVG
Efficiency
resulting in sales per employee of £343.8k, this is more efficient (£218.2k)
- Brown Source Limited
£218.2k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is later than average (12 days)
- Brown Source Limited
12 days - Industry AVG
Creditor Days
its suppliers are paid after 209 days, this is slower than average (37 days)
- Brown Source Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 202 days, this is more than average (67 days)
- Brown Source Limited
67 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Brown Source Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.9%, this is a higher level of debt than the average (73.7%)
96.9% - Brown Source Limited
73.7% - Industry AVG
BROWN SOURCE LIMITED financials
Brown Source Limited's latest turnover from March 2016 is estimated at £1 million and the company has net assets of £17.6 thousand. According to their latest financial statements, we estimate that Brown Source Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|
| 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 | |
|---|---|---|---|---|
| Tangible Assets | 17,310 | 15,843 | 1,590 | 1,762 |
| Intangible Assets | 22,345 | 0 | 0 | 0 |
| Investments & Other | 0 | 1 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 39,655 | 15,844 | 1,590 | 1,762 |
| Stock & work in progress | 428,000 | 370,000 | 235,000 | 107,000 |
| Trade Debtors | 97,944 | 40,285 | 4,351 | 575 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 38,415 | 19,056 | 11,080 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 525,944 | 448,700 | 258,407 | 118,655 |
| total assets | 565,599 | 464,544 | 259,997 | 120,417 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 440,974 | 310,797 | 141,745 | 59,938 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 440,974 | 310,797 | 141,745 | 59,938 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 106,247 | 48,055 | 35,139 | 22,655 |
| provisions | 765 | 3,169 | 318 | 352 |
| total long term liabilities | 107,012 | 51,224 | 35,457 | 23,007 |
| total liabilities | 547,986 | 362,021 | 177,202 | 82,945 |
| net assets | 17,613 | 102,523 | 82,795 | 37,472 |
| total shareholders funds | 17,613 | 102,523 | 82,795 | 37,472 |
| Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 4,561 | 4,185 | 398 | 440 |
| Amortisation | 7,449 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 58,000 | 135,000 | 128,000 | 107,000 |
| Debtors | 57,659 | 35,934 | 3,776 | 575 |
| Creditors | 130,177 | 169,052 | 81,807 | 59,938 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -2,404 | 2,851 | -34 | 352 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | -1 | 1 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 58,192 | 12,916 | 12,484 | 22,655 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -38,415 | 19,359 | 7,976 | 11,080 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -38,415 | 19,359 | 7,976 | 11,080 |
brown source limited Credit Report and Business Information
Brown Source Limited Competitor Analysis
Perform a competitor analysis for brown source limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in LE1 area or any other competitors across 12 key performance metrics.
brown source limited Ownership
BROWN SOURCE LIMITED group structure
Brown Source Limited has no subsidiary companies.
Ultimate parent company
BROWN SOURCE LIMITED
07885606
brown source limited directors
Brown Source Limited currently has 1 director, Mr Richard Brown serving since Dec 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Brown | United Kingdom | 46 years | Dec 2011 | - | Director |
P&L
March 2016turnover
1m
+60%
operating profit
-85k
0%
gross margin
25.4%
-7.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2016net assets
17.6k
-0.83%
total assets
565.6k
+0.22%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
brown source limited company details
company number
07885606
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
incorporation date
December 2011
age
13
incorporated
UK
accounts
Total Exemption Small
ultimate parent company
previous names
N/A
last accounts submitted
March 2016
address
cba business solutions ltd, 126 new walk, leicester, LE1 7JA
accountant
-
auditor
-
brown source 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 did not find charges/mortgages relating to brown source limited.
brown source limited Companies House Filings - See Documents
| date | description | view/download |
|---|
