binding solutions services ltd
binding solutions services ltd Company Information
Company Number
08278563
Next Accounts
Mar 2025
Shareholders
binding solutions ltd
Group Structure
View All
Industry
Other manufacturing n.e.c.
Registered Address
4th floor, the anchorage, 34, bridge street, reading, RG1 2LU
Website
www.creativebinder.combinding solutions services ltd Estimated Valuation
Pomanda estimates the enterprise value of BINDING SOLUTIONS SERVICES LTD at £86.3k based on a Turnover of £126k and 0.69x industry multiple (adjusted for size and gross margin).
binding solutions services ltd Estimated Valuation
Pomanda estimates the enterprise value of BINDING SOLUTIONS SERVICES LTD at £29.2k based on an EBITDA of £6.1k and a 4.77x industry multiple (adjusted for size and gross margin).
binding solutions services ltd Estimated Valuation
Pomanda estimates the enterprise value of BINDING SOLUTIONS SERVICES LTD at £0 based on Net Assets of £-35.8k and 2.19x industry multiple (adjusted for liquidity).
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Binding Solutions Services Ltd Overview
Binding Solutions Services Ltd is a dissolved company that was located in reading, RG1 2LU with a Companies House number of 08278563. It operated in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in November 2012, it's largest shareholder was binding solutions ltd with a 100% stake. The last turnover for Binding Solutions Services Ltd was estimated at £126k.
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Binding Solutions Services Ltd Health Check
Pomanda's financial health check has awarded Binding Solutions Services Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £126k, make it smaller than the average company (£11.2m)
- Binding Solutions Services Ltd
£11.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (5.2%)
- Binding Solutions Services Ltd
5.2% - Industry AVG
Production
with a gross margin of 30%, this company has a comparable cost of product (30%)
- Binding Solutions Services Ltd
30% - Industry AVG
Profitability
an operating margin of 4.9% make it as profitable than the average company (5.3%)
- Binding Solutions Services Ltd
5.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (70)
- Binding Solutions Services Ltd
70 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)
- Binding Solutions Services Ltd
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £126k, this is less efficient (£151.5k)
- Binding Solutions Services Ltd
£151.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Binding Solutions Services Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 89 days, this is slower than average (43 days)
- Binding Solutions Services Ltd
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Binding Solutions Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Binding Solutions Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 465%, this is a higher level of debt than the average (52.6%)
465% - Binding Solutions Services Ltd
52.6% - Industry AVG
BINDING SOLUTIONS SERVICES LTD financials
Binding Solutions Services Ltd's latest turnover from December 2018 is estimated at £126 thousand and the company has net assets of -£35.8 thousand. According to their latest financial statements, we estimate that Binding Solutions Services Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Dec 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 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
| Dec 2018 | Dec 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | 200 | 200 | 200 | |||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 200 | 200 | 200 | |||
| Stock & work in progress | ||||||
| Trade Debtors | 154 | 357 | 153 | |||
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | 435 | 1,362 | 2,135 | 28,405 | ||
| misc current assets | ||||||
| total current assets | 9,814 | 2,014 | 1,516 | 2,492 | 28,558 | |
| total assets | 9,814 | 2,014 | 1,716 | 2,692 | 28,758 | |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 21,527 | 21,527 | 22,897 | 22,691 | 25,400 | |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | ||||||
| total current liabilities | 26,364 | 23,527 | 22,897 | 22,691 | 25,400 | |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | 350 | |||||
| other liabilities | 19,270 | 19,270 | 10,125 | 3,166 | ||
| provisions | ||||||
| total long term liabilities | 19,270 | 19,270 | 19,270 | 10,125 | 3,516 | |
| total liabilities | 45,634 | 42,797 | 42,167 | 32,816 | 28,916 | |
| net assets | -35,820 | -40,783 | -40,451 | -30,124 | -158 | |
| total shareholders funds | -35,820 | -40,783 | -40,451 | -30,124 | -158 |
| Dec 2018 | Dec 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | -1,814 | 1,660 | -203 | 204 | 153 | |
| Creditors | -1,370 | 206 | -2,709 | 25,400 | ||
| Accruals and Deferred Income | -350 | 350 | ||||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | -200 | 200 | ||||
| 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 | -19,270 | 9,145 | 6,959 | 3,166 | ||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -435 | -927 | -773 | -26,270 | 28,405 | |
| overdraft | ||||||
| change in cash | -435 | -927 | -773 | -26,270 | 28,405 |
binding solutions services ltd Credit Report and Business Information
Binding Solutions Services Ltd Competitor Analysis
Perform a competitor analysis for binding solutions services ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in RG1 area or any other competitors across 12 key performance metrics.
binding solutions services ltd Ownership
BINDING SOLUTIONS SERVICES LTD group structure
Binding Solutions Services Ltd has no subsidiary companies.
Ultimate parent company
BINDING SOLUTIONS SERVICES LTD
08278563
binding solutions services ltd directors
Binding Solutions Services Ltd currently has 2 directors. The longest serving directors include Mr David Hyde (Jun 2014) and Mr Julian Lee (Oct 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Hyde | England | 82 years | Jun 2014 | - | Director |
| Mr Julian Lee | England | 53 years | Oct 2016 | - | Director |
P&L
December 2018turnover
126k
+4%
operating profit
6.1k
0%
gross margin
30.1%
-3.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
-35.8k
-0.12%
total assets
9.8k
+3.87%
cash
0
-1%
net assets
Total assets minus all liabilities
binding solutions services ltd company details
company number
08278563
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
November 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2018
previous names
binding solutions ltd (January 2018)
accountant
-
auditor
-
address
4th floor, the anchorage, 34, bridge street, reading, RG1 2LU
Bank
-
Legal Advisor
-
binding solutions services 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 binding solutions services ltd.
binding solutions services 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 BINDING SOLUTIONS SERVICES LTD. This can take several minutes, an email will notify you when this has completed.
binding solutions services ltd Companies House Filings - See Documents
| date | description | view/download |
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