britegroup limited
britegroup limited Company Information
Company Number
08403968
Website
www.britegroup.co.ukRegistered Address
unit f, roe cross industrial park, mottram, SK14 6NB
Industry
Activities of head offices
Telephone
01457765999
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
donna tracey bright 99%
paul welsh 1%
britegroup limited Estimated Valuation
Pomanda estimates the enterprise value of BRITEGROUP LIMITED at £1.7m based on a Turnover of £3m and 0.57x industry multiple (adjusted for size and gross margin).
britegroup limited Estimated Valuation
Pomanda estimates the enterprise value of BRITEGROUP LIMITED at £9.5k based on an EBITDA of £2.5k and a 3.84x industry multiple (adjusted for size and gross margin).
britegroup limited Estimated Valuation
Pomanda estimates the enterprise value of BRITEGROUP LIMITED at £3.3k based on Net Assets of £1.2k and 2.68x industry multiple (adjusted for liquidity).
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Britegroup Limited Overview
Britegroup Limited is a live company located in mottram, SK14 6NB with a Companies House number of 08403968. It operates in the activities of head offices sector, SIC Code 70100. Founded in February 2013, it's largest shareholder is donna tracey bright with a 99% stake. Britegroup Limited is a established, small sized company, Pomanda has estimated its turnover at £3m with high growth in recent years.
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Britegroup Limited Health Check
Pomanda's financial health check has awarded Britegroup Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
8 Weak
Size
annual sales of £3m, make it smaller than the average company (£21.1m)
- Britegroup Limited
£21.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (5.7%)
- Britegroup Limited
5.7% - Industry AVG
Production
with a gross margin of 18.8%, this company has a higher cost of product (32.7%)
- Britegroup Limited
32.7% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (5.6%)
- Britegroup Limited
5.6% - Industry AVG
Employees
with 68 employees, this is below the industry average (121)
68 - Britegroup Limited
121 - Industry AVG
Pay Structure
on an average salary of £46.1k, the company has an equivalent pay structure (£46.1k)
- Britegroup Limited
£46.1k - Industry AVG
Efficiency
resulting in sales per employee of £44k, this is less efficient (£192k)
- Britegroup Limited
£192k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (45 days)
- Britegroup Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (44 days)
- Britegroup Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Britegroup Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (15 weeks)
10 weeks - Britegroup Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.4%, this is a higher level of debt than the average (56.1%)
99.4% - Britegroup Limited
56.1% - Industry AVG
BRITEGROUP LIMITED financials
Britegroup Limited's latest turnover from September 2023 is estimated at £3 million and the company has net assets of £1.2 thousand. According to their latest financial statements, Britegroup Limited has 68 employees and maintains cash reserves of £36.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Feb 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 68 | 63 | 50 | 50 | 50 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Feb 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 43,228 | 29,166 | 18,028 | 4,800 | 0 | 2,709 | 5,528 | 8,412 | 612 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 43,228 | 29,166 | 18,028 | 4,800 | 0 | 2,709 | 5,528 | 8,412 | 612 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 119,273 | 132,637 | 75,107 | 81,438 | 47,332 | 65,366 | 49,261 | 31,070 | 44,782 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 36,662 | 21,027 | 48,327 | 59,986 | 59,225 | 53,045 | 63,934 | 46,026 | 28,900 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 155,935 | 153,664 | 123,434 | 141,424 | 106,557 | 118,411 | 113,195 | 77,096 | 73,682 | 0 | 0 |
| total assets | 199,163 | 182,830 | 141,462 | 146,224 | 106,557 | 121,120 | 118,723 | 85,508 | 74,294 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 173,341 | 151,571 | 104,208 | 93,753 | 6,970 | 9,603 | 8,307 | 12,260 | 47,911 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 66,933 | 67,619 | 61,894 | 41,621 | 0 | 0 | 0 |
| total current liabilities | 173,341 | 151,571 | 104,208 | 93,753 | 73,903 | 77,222 | 70,201 | 53,881 | 47,911 | 0 | 0 |
| loans | 0 | 0 | 0 | 30,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 24,593 | 30,494 | 36,522 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 24,593 | 30,494 | 36,522 | 30,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 197,934 | 182,065 | 140,730 | 123,753 | 73,903 | 77,222 | 70,201 | 53,881 | 47,911 | 0 | 0 |
| net assets | 1,229 | 765 | 732 | 22,471 | 32,654 | 43,898 | 48,522 | 31,627 | 26,383 | 0 | 0 |
| total shareholders funds | 1,229 | 765 | 732 | 22,471 | 32,654 | 43,898 | 48,522 | 31,627 | 26,383 | 0 | 0 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Feb 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 3,285 | 2,857 | 2,375 | 1,200 | 2,709 | 2,919 | 2,884 | 2,881 | 324 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -13,364 | 57,530 | -6,331 | 34,106 | -18,034 | 16,105 | 18,191 | -13,712 | 44,782 | 0 | 0 |
| Creditors | 21,770 | 47,363 | 10,455 | 86,783 | -2,633 | 1,296 | -3,953 | -35,651 | 47,911 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | -66,933 | -686 | 5,725 | 20,273 | 41,621 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -30,000 | 30,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -5,901 | -6,028 | 36,522 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 15,635 | -27,300 | -11,659 | 761 | 6,180 | -10,889 | 17,908 | 17,126 | 28,900 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 15,635 | -27,300 | -11,659 | 761 | 6,180 | -10,889 | 17,908 | 17,126 | 28,900 | 0 | 0 |
britegroup limited Credit Report and Business Information
Britegroup Limited Competitor Analysis
Perform a competitor analysis for britegroup limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SK14 area or any other competitors across 12 key performance metrics.
britegroup limited Ownership
BRITEGROUP LIMITED group structure
Britegroup Limited has no subsidiary companies.
Ultimate parent company
BRITEGROUP LIMITED
08403968
britegroup limited directors
Britegroup Limited currently has 2 directors. The longest serving directors include Ms Donna Bright (Mar 2016) and Mr Paul Welsh (Dec 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Donna Bright | England | 57 years | Mar 2016 | - | Director |
| Mr Paul Welsh | England | 54 years | Dec 2018 | - | Director |
P&L
September 2023turnover
3m
+15%
operating profit
-823.6
0%
gross margin
18.9%
-2.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
1.2k
+0.61%
total assets
199.2k
+0.09%
cash
36.7k
+0.74%
net assets
Total assets minus all liabilities
britegroup limited company details
company number
08403968
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
February 2013
age
11
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
unit f, roe cross industrial park, mottram, SK14 6NB
Bank
-
Legal Advisor
-
britegroup 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 britegroup limited.
britegroup limited Companies House Filings - See Documents
| date | description | view/download |
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