bluesman ltd

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bluesman ltd Company Information

Share BLUESMAN LTD

Company Number

08037779

Shareholders

jacqueline reeder

michael john reeder

Group Structure

View All

Industry

Accounting, and auditing activities

 

Registered Address

139 top warren, chapeltown, shefield, south yorkshire, S35 2XT

Website

-

bluesman ltd Estimated Valuation

£18k

Pomanda estimates the enterprise value of BLUESMAN LTD at £18k based on a Turnover of £23.2k and 0.78x industry multiple (adjusted for size and gross margin).

bluesman ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of BLUESMAN LTD at £0 based on an EBITDA of £-2.9k and a 5.01x industry multiple (adjusted for size and gross margin).

bluesman ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of BLUESMAN LTD at £0 based on Net Assets of £-8.3k and 3.02x industry multiple (adjusted for liquidity).

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Bluesman Ltd Overview

Bluesman Ltd is a live company located in shefield, S35 2XT with a Companies House number of 08037779. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in April 2012, it's largest shareholder is jacqueline reeder with a 50% stake. Bluesman Ltd is a established, micro sized company, Pomanda has estimated its turnover at £23.2k with declining growth in recent years.

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Bluesman Ltd Health Check

Pomanda's financial health check has awarded Bluesman Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £23.2k, make it smaller than the average company (£189.7k)

£23.2k - Bluesman Ltd

£189.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -31%, show it is growing at a slower rate (8.9%)

-31% - Bluesman Ltd

8.9% - Industry AVG

production

Production

with a gross margin of 52.3%, this company has a higher cost of product (95.7%)

52.3% - Bluesman Ltd

95.7% - Industry AVG

profitability

Profitability

an operating margin of -12.5% make it less profitable than the average company (8.7%)

-12.5% - Bluesman Ltd

8.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (3)

1 - Bluesman Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.3k, the company has an equivalent pay structure (£36.3k)

£36.3k - Bluesman Ltd

£36.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £23.2k, this is less efficient (£79.6k)

£23.2k - Bluesman Ltd

£79.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 77 days, this is near the average (75 days)

77 days - Bluesman Ltd

75 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 435 days, this is slower than average (26 days)

435 days - Bluesman Ltd

26 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Bluesman Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Bluesman Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 269.7%, this is a higher level of debt than the average (52.1%)

269.7% - Bluesman Ltd

52.1% - Industry AVG

BLUESMAN LTD financials

EXPORTms excel logo

Bluesman Ltd's latest turnover from April 2024 is estimated at £23.2 thousand and the company has net assets of -£8.3 thousand. According to their latest financial statements, Bluesman Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013
Turnover23,15124,77556,37969,99032,15143,56549,94553,41558,40265,47358,48740
Other Income Or Grants
Cost Of Sales11,04511,73125,54331,36814,42818,14320,01519,01925,95928,50820,53814
Gross Profit12,10613,04430,83638,62217,72325,42229,93034,39632,44336,96537,94926
Admin Expenses15,00335,97824,68423,15224,34921,13231,28933,38730,444-5,798-6,618-5,616
Operating Profit-2,897-22,9346,15215,470-6,6264,290-1,3591,0091,99942,76344,5675,642
Interest Payable
Interest Receivable32
Pre-Tax Profit-2,897-22,9346,15215,470-6,6264,290-1,3591,0091,99942,76244,0405,674
Tax-1,169-2,939-815-192-400-8,552-8,807-1,305
Profit After Tax-2,897-22,9344,98312,531-6,6263,475-1,3598171,59934,21035,2334,369
Dividends Paid
Retained Profit-2,897-22,9344,98312,531-6,6263,475-1,3598171,59934,21035,2334,369
Employee Costs36,26235,31333,11528,69228,28633,90929,52528,07230,7879,4406,82027,994
Number Of Employees111111111111
EBITDA*-2,897-22,9346,15215,470-6,6264,290-1,3591,0091,99942,76344,5675,642

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013
Tangible Assets
Intangible Assets
Investments & Other111
Debtors (Due After 1 year)
Total Fixed Assets111
Stock & work in progress
Trade Debtors4,8915,95329,58541,67911,42820,35921,93419,48418,56411,11613,367
Group Debtors
Misc Debtors
Cash12,771
misc current assets
total current assets4,8915,95329,58541,67911,42820,35921,93419,48418,56411,11613,36712,771
total assets4,8915,95329,58541,68011,42920,35921,93419,48418,56411,11613,36812,771
Bank overdraft
Bank loan
Trade Creditors 13,18911,35412,05214,13011,41013,71418,76414,95514,8529,00313,329475
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities7,926
total current liabilities13,18911,35412,05214,13011,41013,71418,76414,95514,8529,00313,3298,401
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities15,000
provisions
total long term liabilities15,000
total liabilities13,18911,35412,05229,13011,41013,71418,76414,95514,8529,00313,3298,401
net assets-8,298-5,40117,53312,550196,6453,1704,5293,7122,113394,370
total shareholders funds-8,298-5,40117,53312,550196,6453,1704,5293,7122,113394,370
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013
Operating Activities
Operating Profit-2,897-22,9346,15215,470-6,6264,290-1,3591,0091,99942,76344,5675,642
Depreciation
Amortisation
Tax-1,169-2,939-815-192-400-8,552-8,807-1,305
Stock
Debtors-1,062-23,632-12,09430,251-8,931-1,5752,4509207,448-2,25113,367
Creditors1,835-698-2,0782,720-2,304-5,0503,8091035,849-4,32612,854475
Accruals and Deferred Income-7,9267,926
Deferred Taxes & Provisions
Cash flow from operations14,999-15,000132,13627,32112,738
Investing Activities
capital expenditure
Change in Investments-11-11
cash flow from investments1-11-1
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-15,00015,000
share issue-32,136-39,5641
interest32
cash flow from financing-15,00015,000-32,136-39,56433
cash and cash equivalents
cash-12,77112,771
overdraft
change in cash-12,77112,771

bluesman 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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Bluesman Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for bluesman ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in S35 area or any other competitors across 12 key performance metrics.

bluesman ltd Ownership

BLUESMAN LTD group structure

Bluesman Ltd has no subsidiary companies.

Ultimate parent company

BLUESMAN LTD

08037779

BLUESMAN LTD Shareholders

jacqueline reeder 50%
michael john reeder 50%

bluesman ltd directors

Bluesman Ltd currently has 1 director, Mr Michael Reeder serving since Apr 2012.

officercountryagestartendrole
Mr Michael Reeder63 years Apr 2012- Director

P&L

April 2024

turnover

23.2k

-7%

operating profit

-2.9k

0%

gross margin

52.3%

-0.68%

turnover

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

Balance Sheet

April 2024

net assets

-8.3k

+0.54%

total assets

4.9k

-0.18%

cash

0

0%

net assets

Total assets minus all liabilities

bluesman ltd company details

company number

08037779

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

April 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

139 top warren, chapeltown, shefield, south yorkshire, S35 2XT

Bank

-

Legal Advisor

-

bluesman 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 bluesman ltd.

bluesman 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.

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bluesman ltd Companies House Filings - See Documents

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