best air limited

Live EstablishedMicroDeclining

best air limited Company Information

Share BEST AIR LIMITED

Company Number

08326387

Shareholders

james towne

jacqueline valerie towne

Group Structure

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Industry

Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

 

Registered Address

marston house 5, elmdon lane, marston green, solihull, west midlands, B37 7DL

best air limited Estimated Valuation

£40.1k

Pomanda estimates the enterprise value of BEST AIR LIMITED at £40.1k based on a Turnover of £112.4k and 0.36x industry multiple (adjusted for size and gross margin).

best air limited Estimated Valuation

£4.3k

Pomanda estimates the enterprise value of BEST AIR LIMITED at £4.3k based on an EBITDA of £1.4k and a 3.04x industry multiple (adjusted for size and gross margin).

best air limited Estimated Valuation

£3.4k

Pomanda estimates the enterprise value of BEST AIR LIMITED at £3.4k based on Net Assets of £1.5k and 2.36x industry multiple (adjusted for liquidity).

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Best Air Limited Overview

Best Air Limited is a live company located in solihull, B37 7DL with a Companies House number of 08326387. It operates in the other engineering activities sector, SIC Code 71129. Founded in December 2012, it's largest shareholder is james towne with a 90% stake. Best Air Limited is a established, micro sized company, Pomanda has estimated its turnover at £112.4k with declining growth in recent years.

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Best Air Limited Health Check

Pomanda's financial health check has awarded Best Air Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £112.4k, make it smaller than the average company (£3.9m)

£112.4k - Best Air Limited

£3.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (10.9%)

-8% - Best Air Limited

10.9% - Industry AVG

production

Production

with a gross margin of 20.2%, this company has a higher cost of product (34.6%)

20.2% - Best Air Limited

34.6% - Industry AVG

profitability

Profitability

an operating margin of 1.3% make it less profitable than the average company (5.8%)

1.3% - Best Air Limited

5.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (26)

2 - Best Air Limited

26 - Industry AVG

paystructure

Pay Structure

on an average salary of £57.1k, the company has an equivalent pay structure (£57.1k)

£57.1k - Best Air Limited

£57.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £56.2k, this is less efficient (£128.1k)

£56.2k - Best Air Limited

£128.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 81 days, this is later than average (67 days)

81 days - Best Air Limited

67 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 96 days, this is slower than average (27 days)

96 days - Best Air Limited

27 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Best Air Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Best Air Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 94.2%, this is a higher level of debt than the average (57.2%)

94.2% - Best Air Limited

57.2% - Industry AVG

BEST AIR LIMITED financials

EXPORTms excel logo

Best Air Limited's latest turnover from December 2024 is estimated at £112.4 thousand and the company has net assets of £1.5 thousand. According to their latest financial statements, Best Air Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Turnover112,431122,806119,070146,168145,567123,989121,479128,81687,47462,92545,07731,457
Other Income Or Grants
Cost Of Sales89,699101,16398,401122,973123,611104,520101,274107,43272,39552,03236,91425,285
Gross Profit22,73221,64220,67023,19521,95619,46920,20521,38415,07810,8938,1636,172
Admin Expenses21,33121,97821,70023,71627,32520,07621,54116,68631,0424,075-5,066-1,372
Operating Profit1,401-336-1,030-521-5,369-607-1,3364,698-15,9646,81813,2297,544
Interest Payable
Interest Receivable183618
Pre-Tax Profit1,401-336-1,030-521-5,369-607-1,3364,698-15,9646,83613,2657,561
Tax-350-893-1,367-2,786-1,739
Profit After Tax1,051-336-1,030-521-5,369-607-1,3363,805-15,9645,46910,4795,822
Dividends Paid
Retained Profit1,051-336-1,030-521-5,369-607-1,3363,805-15,9645,46910,4795,822
Employee Costs114,139116,209113,535108,083101,872102,678102,98297,41498,50549,60949,85947,636
Number Of Employees222222222111
EBITDA*1,401-336-1,030-521-5,369-607-1,3364,698-15,9646,81813,4037,544

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Tangible Assets185355133426345
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets185355133426345
Stock & work in progress
Trade Debtors25,15525,92826,34838,00936,44231,78731,73835,40116,80116,9549,5857,260
Group Debtors
Misc Debtors15,09510,945
Cash7,3557,008
misc current assets
total current assets25,15525,92826,34838,00936,44231,78731,73835,40116,80132,04927,88514,268
total assets25,15525,92826,34838,00936,62732,14231,73835,40116,93432,47528,23014,268
Bank overdraft
Bank loan
Trade Creditors 23,69225,51625,60036,23134,32824,47423,46325,79011,12810,62011,7608,036
Group/Directors Accounts310
other short term finances
hp & lease commitments
other current liabilities
total current liabilities23,69225,51625,60036,23134,32824,47423,46325,79011,12810,62011,7608,346
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions8569
total long term liabilities8569
total liabilities23,69225,51625,60036,23134,32824,47423,46325,79011,12810,70511,8298,346
net assets1,4634127481,7782,2997,6688,2759,6115,80621,77016,4015,922
total shareholders funds1,4634127481,7782,2997,6688,2759,6115,80621,77016,4015,922
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Operating Activities
Operating Profit1,401-336-1,030-521-5,369-607-1,3364,698-15,9646,81813,2297,544
Depreciation174
Amortisation
Tax-350-893-1,367-2,786-1,739
Stock
Debtors-773-420-11,6611,5674,65549-3,66318,600-15,24811,51913,2707,260
Creditors-1,824-84-10,6311,9039,8541,011-2,32714,662508-1,1403,7248,036
Accruals and Deferred Income
Deferred Taxes & Provisions-851669
Cash flow from operations-185-170355-133-293-7,1921,1406,581
Investing Activities
capital expenditure185170-355133293-81-519
Change in Investments
cash flow from investments185170-355133293-81-519
Financing Activities
Bank loans
Group/Directors Accounts-310310
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100
interest183618
cash flow from financing-82-274428
cash and cash equivalents
cash-7,3553477,008
overdraft
change in cash-7,3553477,008

best air limited 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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Best Air Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for best air limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in B37 area or any other competitors across 12 key performance metrics.

best air limited Ownership

BEST AIR LIMITED group structure

Best Air Limited has no subsidiary companies.

Ultimate parent company

BEST AIR LIMITED

08326387

BEST AIR LIMITED Shareholders

james towne 90%
jacqueline valerie towne 10%

best air limited directors

Best Air Limited currently has 2 directors. The longest serving directors include Mr James Towne (Dec 2012) and Ms Jacqueline Towne (Apr 2016).

officercountryagestartendrole
Mr James Towne63 years Dec 2012- Director
Ms Jacqueline Towne67 years Apr 2016- Director

P&L

December 2024

turnover

112.4k

-8%

operating profit

1.4k

0%

gross margin

20.3%

+14.73%

turnover

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

Balance Sheet

December 2024

net assets

1.5k

+2.55%

total assets

25.2k

-0.03%

cash

0

0%

net assets

Total assets minus all liabilities

best air limited company details

company number

08326387

Type

Private limited with Share Capital

industry

71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

incorporation date

December 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2024

previous names

N/A

accountant

SEPHTON & CO LLP

auditor

-

address

marston house 5, elmdon lane, marston green, solihull, west midlands, B37 7DL

Bank

-

Legal Advisor

-

best air 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 best air limited.

best air 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.

Click to start generating capital raising & share issue transactions for BEST AIR LIMITED. This can take several minutes, an email will notify you when this has completed.

best air limited Companies House Filings - See Documents

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