bilco access solutions limited
bilco access solutions limited Company Information
Company Number
08855261
Website
http://erahomesecurity.comRegistered Address
29 queen anne's gate, london, SW1H 9BU
Industry
Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Telephone
01922490000
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
era home security limited 100%
bilco access solutions limited Estimated Valuation
Pomanda estimates the enterprise value of BILCO ACCESS SOLUTIONS LIMITED at £6.9m based on a Turnover of £8.4m and 0.82x industry multiple (adjusted for size and gross margin).
bilco access solutions limited Estimated Valuation
Pomanda estimates the enterprise value of BILCO ACCESS SOLUTIONS LIMITED at £0 based on an EBITDA of £-2.2m and a 3.3x industry multiple (adjusted for size and gross margin).
bilco access solutions limited Estimated Valuation
Pomanda estimates the enterprise value of BILCO ACCESS SOLUTIONS LIMITED at £262.5k based on Net Assets of £132k and 1.99x industry multiple (adjusted for liquidity).
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Bilco Access Solutions Limited AI Business Plan
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Bilco Access Solutions Limited Overview
Bilco Access Solutions Limited is a live company located in london, SW1H 9BU with a Companies House number of 08855261. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in January 2014, it's largest shareholder is era home security limited with a 100% stake. Bilco Access Solutions Limited is a established, mid sized company, Pomanda has estimated its turnover at £8.4m with declining growth in recent years.
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Bilco Access Solutions Limited Health Check
Pomanda's financial health check has awarded Bilco Access Solutions Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £8.4m, make it in line with the average company (£9.8m)
£8.4m - Bilco Access Solutions Limited
£9.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (6%)
-7% - Bilco Access Solutions Limited
6% - Industry AVG
Production
with a gross margin of 37.8%, this company has a comparable cost of product (46.5%)
37.8% - Bilco Access Solutions Limited
46.5% - Industry AVG
Profitability
an operating margin of -27.3% make it less profitable than the average company (14.2%)
-27.3% - Bilco Access Solutions Limited
14.2% - Industry AVG
Employees
with 111 employees, this is above the industry average (40)
111 - Bilco Access Solutions Limited
40 - Industry AVG
Pay Structure
on an average salary of £28.8k, the company has a lower pay structure (£45.1k)
£28.8k - Bilco Access Solutions Limited
£45.1k - Industry AVG
Efficiency
resulting in sales per employee of £75.5k, this is less efficient (£204.1k)
£75.5k - Bilco Access Solutions Limited
£204.1k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is earlier than average (62 days)
49 days - Bilco Access Solutions Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 80 days, this is slower than average (49 days)
80 days - Bilco Access Solutions Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 62 days, this is more than average (21 days)
62 days - Bilco Access Solutions Limited
21 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (6 weeks)
4 weeks - Bilco Access Solutions Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.9%, this is a higher level of debt than the average (63.1%)
98.9% - Bilco Access Solutions Limited
63.1% - Industry AVG
bilco access solutions limited Credit Report and Business Information
Bilco Access Solutions Limited Competitor Analysis
Perform a competitor analysis for bilco access solutions limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
bilco access solutions limited Ownership
BILCO ACCESS SOLUTIONS LIMITED group structure
Bilco Access Solutions Limited has 2 subsidiary companies.
Ultimate parent company
2 parents
BILCO ACCESS SOLUTIONS LIMITED
08855261
2 subsidiaries
bilco access solutions limited directors
Bilco Access Solutions Limited currently has 2 directors. The longest serving directors include Mrs Helen Downer (Mar 2021) and Mr David Main (Aug 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Helen Downer | United Kingdom | 47 years | Mar 2021 | - | Director |
| Mr David Main | 59 years | Aug 2022 | - | Director |
BILCO ACCESS SOLUTIONS LIMITED financials
Bilco Access Solutions Limited's latest turnover from December 2022 is £8.4 million and the company has net assets of £132 thousand. According to their latest financial statements, Bilco Access Solutions Limited has 111 employees and maintains cash reserves of £971 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 8,380,000 | 8,418,000 | 9,312,000 | 10,311,000 | 78,000 | 113,000 | |||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | 5,211,000 | 5,124,000 | 5,582,000 | 5,388,000 | 0 | 0 | |||
| Gross Profit | 3,169,000 | 3,294,000 | 3,730,000 | 4,923,000 | 78,000 | 113,000 | |||
| Admin Expenses | 5,459,000 | 3,688,000 | 3,754,000 | 3,511,000 | 108,000 | 135,000 | |||
| Operating Profit | -2,290,000 | -394,000 | -24,000 | 1,412,000 | -30,000 | -22,000 | |||
| Interest Payable | 0 | 4,000 | 4,000 | 4,000 | 0 | 0 | |||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Pre-Tax Profit | -2,290,000 | -398,000 | -28,000 | 1,408,000 | 1,148,000 | 252,000 | |||
| Tax | 275,000 | 65,000 | 39,000 | -284,000 | 4,000 | -37,000 | |||
| Profit After Tax | -2,015,000 | -333,000 | 11,000 | 1,124,000 | 1,152,000 | 215,000 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 138,000 | 238,000 | |||
| Retained Profit | -2,015,000 | -333,000 | 11,000 | 1,124,000 | 1,014,000 | -23,000 | |||
| Employee Costs | 3,201,000 | 3,231,000 | 3,532,000 | 3,495,000 | 0 | 0 | |||
| Number Of Employees | 111 | 106 | 109 | 105 | |||||
| EBITDA* | -2,171,000 | -264,000 | 128,000 | 1,588,000 | 37,000 | 76,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,843,000 | 519,000 | 589,000 | 615,000 | 648,000 | 302,000 | 352,628 | 278,928 | 0 |
| Intangible Assets | 463,000 | 326,000 | 81,000 | 32,000 | 13,000 | 0 | 0 | 0 | 0 |
| Investments & Other | 2,111,000 | 2,111,000 | 2,111,000 | 2,111,000 | 2,111,000 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,417,000 | 2,956,000 | 2,781,000 | 2,758,000 | 2,772,000 | 302,000 | 352,628 | 278,928 | 0 |
| Stock & work in progress | 887,000 | 614,000 | 522,000 | 783,000 | 727,000 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,137,000 | 1,146,000 | 1,072,000 | 1,383,000 | 1,187,000 | 0 | 0 | 2,220 | 13,941 |
| Group Debtors | 33,000 | 1,415,000 | 1,813,000 | 2,150,000 | 250,000 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,228,000 | 437,000 | 391,000 | 291,000 | 223,000 | 111,000 | 13,770 | 0 | 0 |
| Cash | 971,000 | 737,000 | 1,435,000 | 617,000 | 1,305,000 | 7,000 | 9,375 | 10,288 | 1,093 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 4,431 | 0 | 0 |
| total current assets | 5,256,000 | 4,349,000 | 5,233,000 | 5,224,000 | 3,692,000 | 118,000 | 27,576 | 12,508 | 15,034 |
| total assets | 11,673,000 | 7,305,000 | 8,014,000 | 7,982,000 | 6,464,000 | 420,000 | 380,204 | 291,436 | 15,034 |
| Bank overdraft | 252,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,143,000 | 825,000 | 514,000 | 904,000 | 266,000 | 1,000 | 28,443 | 1,854 | 0 |
| Group/Directors Accounts | 8,082,000 | 3,069,000 | 106,000 | 11,000 | 16,000 | 58,000 | 575 | 5,500 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 58,000 | 58,000 | 58,000 | 0 | 0 | 0 | 0 |
| other current liabilities | 732,000 | 427,000 | 732,000 | 783,000 | 1,028,000 | 7,000 | 10,105 | 400 | 0 |
| total current liabilities | 10,209,000 | 4,321,000 | 1,410,000 | 1,756,000 | 1,368,000 | 66,000 | 39,123 | 7,754 | 0 |
| loans | 0 | 0 | 3,069,000 | 3,069,000 | 3,069,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 58,000 | 116,000 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 222,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,110,000 | 850,000 | 1,068,000 | 643,000 | 579,000 | 36,000 | 0 | 0 | 0 |
| total long term liabilities | 1,332,000 | 850,000 | 4,137,000 | 3,770,000 | 3,764,000 | 36,000 | 0 | 0 | 0 |
| total liabilities | 11,541,000 | 5,171,000 | 5,547,000 | 5,526,000 | 5,132,000 | 102,000 | 39,123 | 7,754 | 0 |
| net assets | 132,000 | 2,134,000 | 2,467,000 | 2,456,000 | 1,332,000 | 318,000 | 341,081 | 283,682 | 15,034 |
| total shareholders funds | 132,000 | 2,134,000 | 2,467,000 | 2,456,000 | 1,332,000 | 318,000 | 341,081 | 283,682 | 15,034 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -2,290,000 | -394,000 | -24,000 | 1,412,000 | -30,000 | -22,000 | |||
| Depreciation | 109,000 | 116,000 | 142,000 | 172,000 | 67,000 | 98,000 | 63,331 | 31,898 | 0 |
| Amortisation | 10,000 | 14,000 | 10,000 | 4,000 | 0 | 0 | 0 | 0 | 0 |
| Tax | 275,000 | 65,000 | 39,000 | -284,000 | 4,000 | -37,000 | |||
| Stock | 273,000 | 92,000 | -261,000 | 56,000 | 727,000 | 0 | 0 | 0 | 0 |
| Debtors | 400,000 | -278,000 | -548,000 | 2,164,000 | 1,646,230 | 97,230 | 11,550 | -11,721 | 13,941 |
| Creditors | 318,000 | 311,000 | -390,000 | 638,000 | 237,557 | -27,443 | 26,589 | 1,854 | 0 |
| Accruals and Deferred Income | 305,000 | -305,000 | -51,000 | -245,000 | 1,017,895 | -3,105 | 9,705 | 400 | 0 |
| Deferred Taxes & Provisions | 260,000 | -218,000 | 425,000 | 64,000 | 579,000 | 36,000 | 0 | 0 | 0 |
| Cash flow from operations | -1,686,000 | -225,000 | 960,000 | -459,000 | -497,778 | -52,778 | |||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 2,111,000 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 5,013,000 | 2,963,000 | 95,000 | -5,000 | 15,425 | 57,425 | -4,925 | 5,500 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -3,069,000 | 0 | 0 | 3,069,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -58,000 | -58,000 | -58,000 | 174,000 | 0 | 0 | 0 | 0 |
| other long term liabilities | 222,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 0 | -4,000 | -4,000 | -4,000 | 0 | 0 | |||
| cash flow from financing | 5,248,000 | -168,000 | 33,000 | -67,000 | 3,235,344 | 57,344 | |||
| cash and cash equivalents | |||||||||
| cash | 234,000 | -698,000 | 818,000 | -688,000 | 1,295,625 | -2,375 | -913 | 9,195 | 1,093 |
| overdraft | 252,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -18,000 | -698,000 | 818,000 | -688,000 | 1,295,625 | -2,375 | -913 | 9,195 | 1,093 |
P&L
December 2022turnover
8.4m
0%
operating profit
-2.3m
+481%
gross margin
37.9%
-3.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
132k
-0.94%
total assets
11.7m
+0.6%
cash
971k
+0.32%
net assets
Total assets minus all liabilities
Similar Companies
bilco access solutions limited company details
company number
08855261
Type
Private limited with Share Capital
industry
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
incorporation date
January 2014
age
10
accounts
Full Accounts
ultimate parent company
previous names
(profab) holding limited (November 2018)
incorporated
UK
address
29 queen anne's gate, london, SW1H 9BU
last accounts submitted
December 2022
bilco access solutions 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 bilco access solutions limited.
bilco access solutions limited Companies House Filings - See Documents
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