yorkshire initiatives limited
yorkshire initiatives limited Company Information
Company Number
09035872
Next Accounts
338 days late
Directors
Shareholders
braegate holdings limited
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
prospect house 1 prospect place, pride park, derby, DE24 8HG
Website
http://braegate.co.ukyorkshire initiatives limited Estimated Valuation
Pomanda estimates the enterprise value of YORKSHIRE INITIATIVES LIMITED at £1m based on a Turnover of £469.3k and 2.15x industry multiple (adjusted for size and gross margin).
yorkshire initiatives limited Estimated Valuation
Pomanda estimates the enterprise value of YORKSHIRE INITIATIVES LIMITED at £0 based on an EBITDA of £-673.6k and a 8.92x industry multiple (adjusted for size and gross margin).
yorkshire initiatives limited Estimated Valuation
Pomanda estimates the enterprise value of YORKSHIRE INITIATIVES LIMITED at £0 based on Net Assets of £-62.5k and 1.34x industry multiple (adjusted for liquidity).
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Yorkshire Initiatives Limited Overview
Yorkshire Initiatives Limited is a live company located in derby, DE24 8HG with a Companies House number of 09035872. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in May 2014, it's largest shareholder is braegate holdings limited with a 100% stake. Yorkshire Initiatives Limited is a established, micro sized company, Pomanda has estimated its turnover at £469.3k with declining growth in recent years.
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Yorkshire Initiatives Limited Health Check
Pomanda's financial health check has awarded Yorkshire Initiatives Limited a 2 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
1 Regular
6 Weak
Size
annual sales of £469.3k, make it smaller than the average company (£17.1m)
£469.3k - Yorkshire Initiatives Limited
£17.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -73%, show it is growing at a slower rate (5%)
-73% - Yorkshire Initiatives Limited
5% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (34.8%)
100% - Yorkshire Initiatives Limited
34.8% - Industry AVG
Profitability
an operating margin of -155.8% make it less profitable than the average company (5.7%)
-155.8% - Yorkshire Initiatives Limited
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (103)
1 - Yorkshire Initiatives Limited
103 - Industry AVG
Pay Structure
on an average salary of £39.7k, the company has an equivalent pay structure (£39.7k)
- Yorkshire Initiatives Limited
£39.7k - Industry AVG
Efficiency
resulting in sales per employee of £469.3k, this is more efficient (£170.3k)
£469.3k - Yorkshire Initiatives Limited
£170.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Yorkshire Initiatives Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Yorkshire Initiatives Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Yorkshire Initiatives Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (17 weeks)
2 weeks - Yorkshire Initiatives Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.5%, this is a higher level of debt than the average (68.9%)
101.5% - Yorkshire Initiatives Limited
68.9% - Industry AVG
YORKSHIRE INITIATIVES LIMITED financials
Yorkshire Initiatives Limited's latest turnover from June 2022 is £469.3 thousand and the company has net assets of -£62.5 thousand. According to their latest financial statements, Yorkshire Initiatives Limited has 1 employee and maintains cash reserves of £95.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2022 | Jun 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 469,333 | 583,750 | 412,833 | 24,441,964 | 28,842,799 | 18,847,906 | 12,998,960 | 7,404,336 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | 12,770 | 18,330,815 | 20,854,141 | 15,234,870 | 10,492,384 | 5,275,983 | ||
| Gross Profit | 469,333 | 583,750 | 400,063 | 6,111,149 | 7,988,658 | 3,613,036 | 2,506,576 | 2,128,353 |
| Admin Expenses | 1,200,386 | 75,444 | 66,943 | 4,317,315 | 5,085,243 | 3,292,528 | 2,842,003 | 1,877,583 |
| Operating Profit | -731,053 | 508,306 | 333,120 | 1,793,834 | 2,903,415 | 320,508 | -335,427 | 250,770 |
| Interest Payable | 54,454 | 143,682 | 162,713 | 203,509 | 215,445 | 152,867 | 113,635 | 73,999 |
| Interest Receivable | 56 | |||||||
| Pre-Tax Profit | 1,732,506 | 363,786 | 162,984 | 2,613,712 | 1,119,755 | 453,792 | -190,329 | 176,771 |
| Tax | 250,636 | -266,473 | -36,184 | -515,103 | -236,500 | -98,523 | 39,317 | -75,283 |
| Profit After Tax | 1,983,142 | 97,313 | 126,800 | 2,098,609 | 883,255 | 355,269 | -151,012 | 101,488 |
| Dividends Paid | 79,162 | 76,390 | 67,977 | 78,000 | 64,434 | 61,840 | 118,317 | |
| Retained Profit | 1,983,142 | 18,151 | 50,410 | 2,030,632 | 805,255 | 290,835 | -212,852 | -16,829 |
| Employee Costs | 3,593,263 | 3,878,154 | 2,499,069 | 2,110,988 | 1,335,626 | |||
| Number Of Employees | 1 | 1 | 1 | 87 | 87 | 69 | 57 | 55 |
| EBITDA* | -673,609 | 580,111 | 396,217 | 2,366,725 | 3,362,787 | 624,098 | 6,450 | 305,159 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2022 | Jun 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,105,629 | 3,305,861 | 3,377,666 | 4,541,550 | 4,440,422 | 989,419 | 925,607 | 774,538 |
| Intangible Assets | 2 | 2 | 2 | 424,157 | 563,710 | 692,797 | 777,853 | 924,507 |
| Investments & Other | 1,334,001 | 1,334,001 | 1,334,001 | |||||
| Debtors (Due After 1 year) | 24,300 | 51,500 | ||||||
| Total Fixed Assets | 3,439,632 | 4,639,864 | 4,711,669 | 4,990,007 | 5,055,632 | 1,682,216 | 1,703,460 | 1,699,045 |
| Stock & work in progress | 1,046,585 | 1,443,679 | 2,044,875 | 738,541 | 880,467 | |||
| Trade Debtors | 4,186,383 | 4,927,653 | 5,198,297 | 2,443,636 | 1,747,752 | |||
| Group Debtors | 523,564 | 2,600 | ||||||
| Misc Debtors | 25,594 | 25,594 | 28,436 | 116,951 | 769,210 | 743,063 | 380,948 | 112,906 |
| Cash | 95,575 | 1,073,403 | 209,637 | 2,005,376 | 1,320,615 | 61,190 | 61,244 | 110,540 |
| misc current assets | ||||||||
| total current assets | 644,733 | 1,101,597 | 238,073 | 7,355,295 | 8,461,157 | 8,047,425 | 3,624,369 | 2,851,665 |
| total assets | 4,084,365 | 5,741,461 | 4,949,742 | 12,345,302 | 13,516,789 | 9,729,641 | 5,327,829 | 4,550,710 |
| Bank overdraft | 2,024,192 | 2,019,348 | 2,517,809 | 1,042,571 | 469,052 | |||
| Bank loan | 151,667 | 151,667 | 151,667 | |||||
| Trade Creditors | 1,679,661 | 1,826,883 | 3,125,884 | 717,454 | 424,639 | |||
| Group/Directors Accounts | 2,152,185 | 1,449,049 | 807,434 | 440,000 | 109,080 | 69,675 | 45,387 | 79,864 |
| other short term finances | 1,019,002 | 1,000,000 | 1,000,000 | 1,000,000 | ||||
| hp & lease commitments | 89,762 | 132,201 | 78,856 | 47,125 | 16,936 | |||
| other current liabilities | 53,158 | 122,925 | 63,763 | 1,302,304 | 2,586,209 | 647,701 | 468,967 | 372,892 |
| total current liabilities | 2,357,010 | 1,723,641 | 1,022,864 | 5,535,919 | 7,692,723 | 7,439,925 | 3,321,504 | 2,363,383 |
| loans | 1,415,556 | 2,921,407 | 3,044,616 | 3,336,282 | 3,839,137 | 1,883,000 | 1,883,000 | 1,883,000 |
| hp & lease commitments | 49,545 | 193,918 | 158,003 | 153,250 | 83,393 | |||
| Accruals and Deferred Income | ||||||||
| other liabilities | 381,410 | |||||||
| provisions | 374,257 | 624,000 | 428,000 | 525,514 | 542,191 | 186,558 | 198,755 | 236,762 |
| total long term liabilities | 1,789,813 | 3,545,407 | 3,472,616 | 3,911,341 | 4,956,656 | 2,227,561 | 2,235,005 | 2,203,155 |
| total liabilities | 4,146,823 | 5,269,048 | 4,495,480 | 9,447,260 | 12,649,379 | 9,667,486 | 5,556,509 | 4,566,538 |
| net assets | -62,458 | 472,413 | 454,262 | 2,898,042 | 867,410 | 62,155 | -228,680 | -15,828 |
| total shareholders funds | -62,458 | 472,413 | 454,262 | 2,898,042 | 867,410 | 62,155 | -228,680 | -15,828 |
| Jun 2022 | Jun 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -731,053 | 508,306 | 333,120 | 1,793,834 | 2,903,415 | 320,508 | -335,427 | 250,770 |
| Depreciation | 57,444 | 71,805 | 63,097 | 443,338 | 330,285 | 218,534 | 195,223 | 54,389 |
| Amortisation | 129,553 | 129,087 | 85,056 | 146,654 | ||||
| Tax | 250,636 | -266,473 | -36,184 | -515,103 | -236,500 | -98,523 | 39,317 | -75,283 |
| Stock | -1,046,585 | -397,094 | -601,196 | 1,306,334 | -141,926 | 880,467 | ||
| Debtors | 520,964 | -242 | -4,299,198 | -1,420,729 | -192,997 | 3,116,776 | 963,926 | 1,860,658 |
| Creditors | -1,679,661 | -147,222 | -1,299,001 | 2,408,430 | 292,815 | 424,639 | ||
| Accruals and Deferred Income | -69,767 | 59,162 | -1,238,541 | -1,283,905 | 1,938,508 | 178,734 | 96,075 | 372,892 |
| Deferred Taxes & Provisions | -249,743 | 196,000 | -97,514 | -16,677 | 355,633 | -12,197 | -38,007 | 236,762 |
| Cash flow from operations | -1,263,447 | 569,042 | 2,690,100 | 2,221,641 | 4,915,620 | -1,322,568 | -425,350 | -1,476,956 |
| Investing Activities | ||||||||
| capital expenditure | -544,459 | -813,193 | -195,258 | -220,153 | -167,389 | |||
| Change in Investments | 1,334,001 | |||||||
| cash flow from investments | -544,459 | -813,193 | -195,258 | -220,153 | -167,389 | |||
| Financing Activities | ||||||||
| Bank loans | 151,667 | |||||||
| Group/Directors Accounts | 703,136 | 641,615 | 367,434 | 330,920 | 39,405 | 24,288 | -34,477 | 79,864 |
| Other Short Term Loans | -1,019,002 | 19,002 | 1,000,000 | |||||
| Long term loans | -1,505,851 | -123,209 | -291,666 | -502,855 | 1,956,137 | 1,883,000 | ||
| Hire Purchase and Lease Commitments | -139,307 | -186,812 | 89,260 | 36,484 | 100,046 | 100,329 | ||
| other long term liabilities | -381,410 | 381,410 | ||||||
| share issue | ||||||||
| interest | -54,454 | -143,682 | -162,713 | -203,453 | -215,445 | -152,867 | -113,635 | -73,999 |
| cash flow from financing | -3,375,182 | 374,724 | -2,568,775 | -1,962,612 | 2,269,769 | -92,095 | -48,066 | 2,990,195 |
| cash and cash equivalents | ||||||||
| cash | -977,828 | 863,766 | -1,795,739 | 684,761 | 1,259,425 | -54 | -49,296 | 110,540 |
| overdraft | -2,024,192 | 4,844 | -498,461 | 1,475,238 | 573,519 | 469,052 | ||
| change in cash | -977,828 | 863,766 | 228,453 | 679,917 | 1,757,886 | -1,475,292 | -622,815 | -358,512 |
yorkshire initiatives limited Credit Report and Business Information
Yorkshire Initiatives Limited Competitor Analysis
Perform a competitor analysis for yorkshire initiatives limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in DE24 area or any other competitors across 12 key performance metrics.
yorkshire initiatives limited Ownership
YORKSHIRE INITIATIVES LIMITED group structure
Yorkshire Initiatives Limited has 1 subsidiary company.
Ultimate parent company
1 parent
YORKSHIRE INITIATIVES LIMITED
09035872
1 subsidiary
yorkshire initiatives limited directors
Yorkshire Initiatives Limited currently has 1 director, Mr Antony Edwards serving since Aug 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Antony Edwards | England | 49 years | Aug 2014 | - | Director |
P&L
June 2022turnover
469.3k
-20%
operating profit
-731.1k
-244%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2022net assets
-62.5k
-1.13%
total assets
4.1m
-0.29%
cash
95.6k
-0.91%
net assets
Total assets minus all liabilities
yorkshire initiatives limited company details
company number
09035872
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
May 2014
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2022
previous names
york initiatives limited (June 2014)
accountant
-
auditor
PKF SMITH COOPER AUDIT LIMITED
address
prospect house 1 prospect place, pride park, derby, DE24 8HG
Bank
-
Legal Advisor
-
yorkshire initiatives 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 found 3 charges/mortgages relating to yorkshire initiatives limited. Currently there are 0 open charges and 3 have been satisfied in the past.
yorkshire initiatives 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 YORKSHIRE INITIATIVES LIMITED. This can take several minutes, an email will notify you when this has completed.
yorkshire initiatives limited Companies House Filings - See Documents
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