Pomanda estimates the enterprise value of GLOBAL BIKE ADVENTURES LTD at £228.3k based on a Turnover of £276.5k and 0.83x industry multiple (adjusted for size and gross margin).
global bike adventures ltdEstimated Valuation
£43k
Pomanda estimates the enterprise value of GLOBAL BIKE ADVENTURES LTD at £43k based on an EBITDA of £11.7k and a 3.69x industry multiple (adjusted for size and gross margin).
global bike adventures ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of GLOBAL BIKE ADVENTURES LTD at £0 based on Net Assets of £-32.6k and 1.81x industry multiple (adjusted for liquidity).
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Global Bike Adventures LtdOverview
Global Bike Adventures Ltd is a live company located in east sussex, BN3 4LL with a Companies House number of 09285713. It operates in the other amusement and recreation activities n.e.c. sector, SIC Code 93290. Founded in October 2014, it's largest shareholder is
mr dominic cassidy
with a 50% stake. Global Bike Adventures Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£276.5k with
declining
growth in recent years.
Pomanda's financial health check has awarded Global Bike Adventures Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
7 Weak
Size
annual sales of £276.5k, make it smaller than the average company (£377.9k)
£276.5k - Global Bike Adventures Ltd
£377.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (17.5%)
-1% - Global Bike Adventures Ltd
17.5% - Industry AVG
Production
with a gross margin of 61.9%, this company has a comparable cost of product (61.9%)
61.9% - Global Bike Adventures Ltd
61.9% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (7.6%)
-0.1% - Global Bike Adventures Ltd
7.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (9)
2 - Global Bike Adventures Ltd
9 - Industry AVG
Pay Structure
on an average salary of £19.9k, the company has an equivalent pay structure (£19.9k)
£19.9k - Global Bike Adventures Ltd
£19.9k - Industry AVG
Efficiency
resulting in sales per employee of £138.2k, this is more efficient (£55.1k)
£138.2k - Global Bike Adventures Ltd
£55.1k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is later than average (10 days)
19 days - Global Bike Adventures Ltd
10 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Global Bike Adventures Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is less than average (20 days)
13 days - Global Bike Adventures Ltd
20 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 34 weeks, this is less cash available to meet short term requirements (82 weeks)
34 weeks - Global Bike Adventures Ltd
82 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 123.5%, this is a higher level of debt than the average (32.9%)
123.5% - Global Bike Adventures Ltd
32.9% - Industry AVG
GLOBAL BIKE ADVENTURES LTD financials
EXPORT
Global Bike Adventures Ltd's latest turnover from April 2024 is estimated at £276.5 thousand and the company has net assets of -£32.6 thousand. According to their latest financial statements, Global Bike Adventures Ltd has 2 employees and maintains cash reserves of £91.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Turnover
276,475
442,980
88,147
284,140
102,072
117,943
105,141
98,909
429,189
Other Income Or Grants
Cost Of Sales
105,463
157,855
31,148
108,755
39,824
50,231
46,462
40,025
181,975
Gross Profit
171,012
285,125
56,998
175,385
62,248
67,712
58,679
58,884
247,213
Admin Expenses
171,392
268,042
3,568
213,461
112,940
64,459
67,162
59,002
247,572
Operating Profit
-380
17,083
53,430
-38,076
-50,692
3,253
-8,483
-118
-359
Interest Payable
4,495
4,860
3,431
1,496
3
3
Interest Receivable
6,718
7,288
1,222
117
43
782
294
284
260
Pre-Tax Profit
1,843
19,511
51,221
-39,456
-50,649
4,035
-8,192
164
-99
Tax
-461
-4,878
-9,732
-767
-33
Profit After Tax
1,382
14,633
41,489
-39,456
-50,649
3,268
-8,192
131
-99
Dividends Paid
Retained Profit
1,382
14,633
41,489
-39,456
-50,649
3,268
-8,192
131
-99
Employee Costs
39,881
38,238
35,985
52,170
52,422
56,792
55,154
49,583
161,194
Number Of Employees
2
2
2
3
3
3
3
3
10
EBITDA*
11,666
29,345
65,943
-25,148
-31,140
18,363
7,897
13,289
12,999
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Tangible Assets
2,677
3,002
3,631
4,844
6,181
11,395
15,205
6,290
6,380
Intangible Assets
5,650
16,950
28,250
39,550
50,850
67,800
79,100
90,400
101,700
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
8,327
19,952
31,881
44,394
57,031
79,195
94,305
96,690
108,080
Stock & work in progress
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
Trade Debtors
14,850
29,682
20,789
9,362
Group Debtors
Misc Debtors
20,391
34,855
15,699
15,406
6,682
6,554
11,250
21,387
Cash
91,063
164,868
178,090
147,881
85,369
97,204
111,327
123,540
104,049
misc current assets
total current assets
130,304
233,405
197,789
188,076
96,051
107,758
126,577
148,927
117,411
total assets
138,631
253,357
229,670
232,470
153,082
186,953
220,882
245,617
225,491
Bank overdraft
11,788
3,726
84
Bank loan
4,698
5,210
Trade Creditors
30
4,718
343
188
224,314
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
133,554
245,016
225,690
273,510
203,699
184,960
225,818
244,053
total current liabilities
138,252
250,226
237,478
277,236
203,729
189,678
226,161
244,325
224,314
loans
32,978
37,030
40,806
45,337
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
82
2,165
2,879
1,258
1,274
total long term liabilities
32,978
37,112
40,806
45,337
2,165
2,879
1,258
1,274
total liabilities
171,230
287,338
278,284
322,573
203,729
191,843
229,040
245,583
225,588
net assets
-32,599
-33,981
-48,614
-90,103
-50,647
-4,890
-8,158
34
-97
total shareholders funds
-32,599
-33,981
-48,614
-90,103
-50,647
-4,890
-8,158
34
-97
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Operating Activities
Operating Profit
-380
17,083
53,430
-38,076
-50,692
3,253
-8,483
-118
-359
Depreciation
746
962
1,213
1,628
2,602
3,810
5,080
2,107
2,058
Amortisation
11,300
11,300
11,300
11,300
16,950
11,300
11,300
11,300
11,300
Tax
-461
-4,878
-9,732
-767
-33
Stock
4,000
4,000
Debtors
-29,296
48,838
-20,496
29,513
6,682
-4,696
-10,137
12,025
9,362
Creditors
-30
30
4,375
155
-224,126
224,314
Accruals and Deferred Income
-111,462
19,326
-47,820
69,811
203,699
-40,858
-18,235
244,053
Deferred Taxes & Provisions
-82
82
-714
1,621
-16
1,274
Cash flow from operations
-71,043
-4,963
28,887
15,120
161,907
-14,905
1,575
21,142
225,225
Investing Activities
capital expenditure
-421
-333
-291
-76,583
-13,995
-2,017
-121,438
Change in Investments
cash flow from investments
-421
-333
-291
-76,583
-13,995
-2,017
-121,438
Financing Activities
Bank loans
-512
5,210
Group/Directors Accounts
Other Short Term Loans
Long term loans
-4,052
-3,776
-4,531
45,337
Hire Purchase and Lease Commitments
other long term liabilities
share issue
2
2
interest
2,223
2,428
-2,209
-1,379
43
782
291
281
260
cash flow from financing
-2,341
3,862
-6,740
43,958
45
782
291
281
262
cash and cash equivalents
cash
-73,805
-13,222
30,209
62,512
85,369
-14,123
-12,213
19,491
104,049
overdraft
-11,788
8,062
3,726
-84
84
change in cash
-73,805
-1,434
22,147
58,786
85,369
-14,123
-12,129
19,407
104,049
global bike adventures ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for global bike adventures ltd. Get real-time insights into global bike adventures ltd's credit score, group structure and payment trends.
Perform a competitor analysis for global bike adventures ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in BN3 area or any other competitors across 12 key performance metrics.
global bike adventures ltd Ownership
GLOBAL BIKE ADVENTURES LTD group structure
Global Bike Adventures Ltd has no subsidiary companies.
Ultimate parent company
GLOBAL BIKE ADVENTURES LTD
09285713
GLOBAL BIKE ADVENTURES LTD Shareholders
The largest shareholders in Global Bike Adventures Ltd include Mr Dominic Cassidy and Mr Michael Ashbery.
mr dominic cassidy
50%
mr michael ashbery
50%
global bike adventures ltd directors
Global Bike Adventures Ltd currently has 3 directors.
The longest serving directors include
Mr Michael Ashbery (Oct 2014) and
Mr Dominic Cassidy (Oct 2014).
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 global bike adventures ltd.
global bike adventures 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.
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global bike adventures ltdCompanies House Filings - See Documents
