bowmint limited
bowmint limited Company Information
Company Number
08130705
Next Accounts
Apr 2025
Shareholders
andrew mclaren
thomas tong
Group Structure
View All
Industry
Wholesale of household goods (other than musical instruments) n.e.c.
+2Registered Address
suite 2 2nd floor, phoenix house, brighton, BN1 2RT
Website
bowmint.co.ukbowmint limited Estimated Valuation
Pomanda estimates the enterprise value of BOWMINT LIMITED at £149k based on a Turnover of £376.9k and 0.4x industry multiple (adjusted for size and gross margin).
bowmint limited Estimated Valuation
Pomanda estimates the enterprise value of BOWMINT LIMITED at £0 based on an EBITDA of £-466.9k and a 3.85x industry multiple (adjusted for size and gross margin).
bowmint limited Estimated Valuation
Pomanda estimates the enterprise value of BOWMINT LIMITED at £2.9m based on Net Assets of £1.3m and 2.12x industry multiple (adjusted for liquidity).
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Bowmint Limited Overview
Bowmint Limited is a dissolved company that was located in brighton, BN1 2RT with a Companies House number of 08130705. It operated in the agents involved in the sale of furniture, household goods, hardware and ironmongery sector, SIC Code 46150. Founded in July 2012, it's largest shareholder was andrew mclaren with a 50% stake. The last turnover for Bowmint Limited was estimated at £376.9k.
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Bowmint Limited Health Check
Pomanda's financial health check has awarded Bowmint Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £376.9k, make it smaller than the average company (£7.4m)
- Bowmint Limited
£7.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (7.1%)
- Bowmint Limited
7.1% - Industry AVG
Production
with a gross margin of 41.5%, this company has a comparable cost of product (41.5%)
- Bowmint Limited
41.5% - Industry AVG
Profitability
an operating margin of -123.9% make it less profitable than the average company (6.6%)
- Bowmint Limited
6.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (26)
3 - Bowmint Limited
26 - Industry AVG
Pay Structure
on an average salary of £46.1k, the company has an equivalent pay structure (£46.1k)
- Bowmint Limited
£46.1k - Industry AVG
Efficiency
resulting in sales per employee of £125.6k, this is less efficient (£269.9k)
- Bowmint Limited
£269.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Bowmint Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (33 days)
- Bowmint Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bowmint Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2059 weeks, this is more cash available to meet short term requirements (24 weeks)
2059 weeks - Bowmint Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.4%, this is a lower level of debt than the average (55.7%)
2.4% - Bowmint Limited
55.7% - Industry AVG
BOWMINT LIMITED financials
Bowmint Limited's latest turnover from October 2023 is estimated at £376.9 thousand and the company has net assets of £1.3 million. According to their latest financial statements, Bowmint Limited has 3 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Jul 2015 | Jul 2014 | Jul 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 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Jul 2015 | Jul 2014 | Jul 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,101 | 601 | 1,983 | 3,924 | 1,161 | 73 | 859 | 1,692 | |||
| Intangible Assets | 10,268 | 14,267 | 13,872 | 17,431 | 20,990 | 24,549 | 28,108 | 30,000 | |||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 14,369 | 14,868 | 15,855 | 21,355 | 22,151 | 24,622 | 28,108 | 30,859 | 1,692 | ||
| Stock & work in progress | 299,195 | 175,688 | 312,691 | 349,590 | 237,362 | 167,016 | 112,871 | 136,079 | 66,892 | 33,310 | |
| Trade Debtors | 108,198 | 113,901 | 229,278 | 129,677 | 229,735 | 222,042 | 3,082 | 15,541 | 54,395 | ||
| Group Debtors | |||||||||||
| Misc Debtors | 57,409 | 920 | 920 | 920 | 1,108 | 3,756 | 6,550 | 1,137 | 6,187 | 2 | |
| Cash | 1,316,768 | 1,454,169 | 1,444,810 | 1,063,928 | 898,995 | 938,670 | 924,215 | 562,142 | 297,344 | 168,461 | 27,414 |
| misc current assets | 2,419 | 3,868 | |||||||||
| total current assets | 1,376,596 | 1,866,350 | 1,735,319 | 1,606,817 | 1,379,370 | 1,409,523 | 1,097,781 | 898,192 | 442,692 | 250,894 | 115,121 |
| total assets | 1,376,596 | 1,880,719 | 1,750,187 | 1,622,672 | 1,400,725 | 1,431,674 | 1,122,403 | 926,300 | 473,551 | 252,586 | 115,121 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 312 | 67,079 | 34,587 | 38,335 | 51,034 | 6,869 | 16,108 | 5,358 | 40,046 | 135,066 | 57,498 |
| Group/Directors Accounts | 653 | 6,239 | 3,224 | 1,520 | 3,275 | 1,186 | 2,110 | 1,740 | 6,281 | ||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 32,276 | 69,132 | 98,347 | 125,083 | 77,015 | 142,706 | 137,323 | 188,703 | 87,343 | 24,968 | |
| total current liabilities | 33,241 | 142,450 | 136,158 | 164,938 | 131,324 | 150,761 | 155,541 | 195,801 | 133,670 | 135,066 | 82,466 |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | 2,500 | ||||||||||
| provisions | 779 | 114 | 377 | 746 | 221 | 14 | 172 | 338 | |||
| total long term liabilities | 779 | 114 | 377 | 746 | 221 | 14 | 172 | 338 | 2,500 | ||
| total liabilities | 33,241 | 143,229 | 136,272 | 165,315 | 132,070 | 150,982 | 155,555 | 195,801 | 133,842 | 135,404 | 84,966 |
| net assets | 1,343,355 | 1,737,490 | 1,613,915 | 1,457,357 | 1,268,655 | 1,280,692 | 966,848 | 730,499 | 339,709 | 117,182 | 30,155 |
| total shareholders funds | 1,343,355 | 1,737,490 | 1,613,915 | 1,457,357 | 1,268,655 | 1,280,692 | 966,848 | 730,499 | 339,709 | 117,182 | 30,155 |
| Oct 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Jul 2015 | Jul 2014 | Jul 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 1,784 | 1,382 | 1,941 | 1,978 | 600 | 37 | 859 | 833 | 833 | ||
| Amortisation | 3,999 | 3,999 | 3,559 | 3,559 | 3,559 | 3,559 | 4,153 | 3,333 | |||
| Tax | |||||||||||
| Stock | -299,195 | 123,507 | -137,003 | -36,899 | 112,228 | 70,346 | 54,145 | -23,208 | 69,187 | 33,582 | 33,310 |
| Debtors | -51,709 | -5,703 | -115,377 | 99,413 | -102,706 | 226,941 | -216,629 | 213,910 | -6,272 | -38,856 | 54,397 |
| Creditors | -66,767 | 32,492 | -3,748 | -12,699 | 44,165 | -9,239 | 10,750 | -34,688 | -95,020 | 77,568 | 57,498 |
| Accruals and Deferred Income | -36,856 | -29,215 | -26,736 | 48,068 | -65,691 | 5,383 | -51,380 | 101,360 | 87,343 | -24,968 | 24,968 |
| Deferred Taxes & Provisions | -779 | 665 | -263 | -369 | 525 | 207 | 14 | -172 | -166 | 338 | |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | -5,586 | 3,015 | 1,704 | -1,755 | 2,089 | -924 | 370 | -4,541 | 6,281 | ||
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | -2,500 | 2,500 | |||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -137,401 | 9,359 | 380,882 | 164,933 | -39,675 | 14,455 | 362,073 | 264,798 | 128,883 | 141,047 | 27,414 |
| overdraft | |||||||||||
| change in cash | -137,401 | 9,359 | 380,882 | 164,933 | -39,675 | 14,455 | 362,073 | 264,798 | 128,883 | 141,047 | 27,414 |
bowmint limited Credit Report and Business Information
Bowmint Limited Competitor Analysis
Perform a competitor analysis for bowmint 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 BN1 area or any other competitors across 12 key performance metrics.
bowmint limited Ownership
BOWMINT LIMITED group structure
Bowmint Limited has no subsidiary companies.
Ultimate parent company
BOWMINT LIMITED
08130705
bowmint limited directors
Bowmint Limited currently has 2 directors. The longest serving directors include Mr Thomas Tong (Jul 2012) and Mr Andrew McLaren (Nov 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Tong | 50 years | Jul 2012 | - | Director | |
| Mr Andrew McLaren | 55 years | Nov 2012 | - | Director |
P&L
October 2023turnover
376.9k
-42%
operating profit
-466.9k
0%
gross margin
41.5%
+3.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
1.3m
-0.23%
total assets
1.4m
-0.27%
cash
1.3m
-0.09%
net assets
Total assets minus all liabilities
bowmint limited company details
company number
08130705
Type
Private limited with Share Capital
industry
46150 - Agents involved in the sale of furniture, household goods, hardware and ironmongery
46499 - Wholesale of household goods (other than musical instruments) n.e.c.
70229 - Management consultancy activities (other than financial management)
incorporation date
July 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
tjt selling solutions limited (September 2012)
accountant
GALLOWAYS ACCOUNTING (HOVE) LIMITED
auditor
-
address
suite 2 2nd floor, phoenix house, brighton, BN1 2RT
Bank
-
Legal Advisor
-
bowmint 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 bowmint limited.
bowmint limited 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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bowmint limited Companies House Filings - See Documents
| date | description | view/download |
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