b l it telecoms ltd

Dissolved 

b l it telecoms ltd Company Information

Share B L IT TELECOMS LTD

Company Number

09392895

Directors

Sydney Wilson

Shareholders

sydney wilson

Group Structure

View All

Industry

Retail sale of computers, peripheral units and software in specialised stores

 

Registered Address

rutland house, 90-92 baxter avenue, southend on sea, essex, SS2 6HZ

b l it telecoms ltd Estimated Valuation

£14.5k

Pomanda estimates the enterprise value of B L IT TELECOMS LTD at £14.5k based on a Turnover of £71.5k and 0.2x industry multiple (adjusted for size and gross margin).

b l it telecoms ltd Estimated Valuation

£2.3k

Pomanda estimates the enterprise value of B L IT TELECOMS LTD at £2.3k based on an EBITDA of £957 and a 2.44x industry multiple (adjusted for size and gross margin).

b l it telecoms ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of B L IT TELECOMS LTD at £0 based on Net Assets of £-39.4k and 2.19x industry multiple (adjusted for liquidity).

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B L It Telecoms Ltd Overview

B L It Telecoms Ltd is a dissolved company that was located in southend on sea, SS2 6HZ with a Companies House number of 09392895. It operated in the retail sale of computers, peripheral units and software in specialised stores sector, SIC Code 47410. Founded in January 2015, it's largest shareholder was sydney wilson with a 100% stake. The last turnover for B L It Telecoms Ltd was estimated at £71.5k.

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B L It Telecoms Ltd Health Check

Pomanda's financial health check has awarded B L It Telecoms Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £71.5k, make it smaller than the average company (£257.6k)

£71.5k - B L It Telecoms Ltd

£257.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (5%)

8% - B L It Telecoms Ltd

5% - Industry AVG

production

Production

with a gross margin of 14.9%, this company has a higher cost of product (29.6%)

14.9% - B L It Telecoms Ltd

29.6% - Industry AVG

profitability

Profitability

an operating margin of -0.5% make it less profitable than the average company (0.9%)

-0.5% - B L It Telecoms Ltd

0.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (26)

1 - B L It Telecoms Ltd

26 - Industry AVG

paystructure

Pay Structure

on an average salary of £22.1k, the company has an equivalent pay structure (£22.1k)

£22.1k - B L It Telecoms Ltd

£22.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £71.5k, this is less efficient (£126.8k)

£71.5k - B L It Telecoms Ltd

£126.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 16 days, this is earlier than average (41 days)

16 days - B L It Telecoms Ltd

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 263 days, this is slower than average (40 days)

263 days - B L It Telecoms Ltd

40 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - B L It Telecoms Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)

0 weeks - B L It Telecoms Ltd

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 943%, this is a higher level of debt than the average (65.8%)

943% - B L It Telecoms Ltd

65.8% - Industry AVG

B L IT TELECOMS LTD financials

EXPORTms excel logo

B L It Telecoms Ltd's latest turnover from January 2019 is estimated at £71.5 thousand and the company has net assets of -£39.4 thousand. According to their latest financial statements, we estimate that B L It Telecoms Ltd has 1 employee and maintains cash reserves of £208 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2019Jan 2018Jan 2017Jan 2016
Turnover71,506115,06490,90856,526
Other Income Or Grants
Cost Of Sales60,885101,23278,75145,478
Gross Profit10,62213,83212,15711,048
Admin Expenses10,98523,78330,48221,813
Operating Profit-363-9,951-18,325-10,765
Interest Payable
Interest Receivable162296
Pre-Tax Profit-347-9,929-18,316-10,759
Tax
Profit After Tax-347-9,929-18,316-10,759
Dividends Paid
Retained Profit-347-9,929-18,316-10,759
Employee Costs22,06922,59022,76021,716
Number Of Employees1111
EBITDA*957-8,732-18,325-10,406

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2019Jan 2018Jan 2017Jan 2016
Tangible Assets1,1402,1603,0543,318
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,1402,1603,0543,318
Stock & work in progress
Trade Debtors3,3207,6757,4665,327
Group Debtors
Misc Debtors
Cash2084,0194,8082,475
misc current assets
total current assets3,52811,69412,2747,802
total assets4,66813,85415,32811,120
Bank overdraft
Bank loan
Trade Creditors 44,01852,85744,40221,214
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities44,01852,85744,40221,214
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions664
total long term liabilities664
total liabilities44,01852,85744,40221,878
net assets-39,350-39,003-29,074-10,758
total shareholders funds-39,350-39,003-29,074-10,758
Jan 2019Jan 2018Jan 2017Jan 2016
Operating Activities
Operating Profit-363-9,951-18,325-10,765
Depreciation1,3201,219359
Amortisation
Tax
Stock
Debtors-4,3552092,1395,327
Creditors-8,8398,45523,18821,214
Accruals and Deferred Income
Deferred Taxes & Provisions-664664
Cash flow from operations-3,527-4862,0606,145
Investing Activities
capital expenditure-300-325264-3,677
Change in Investments
cash flow from investments-300-325264-3,677
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue1
interest162296
cash flow from financing162297
cash and cash equivalents
cash-3,811-7892,3332,475
overdraft
change in cash-3,811-7892,3332,475

b l it telecoms ltd 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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B L It Telecoms Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for b l it telecoms ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in SS2 area or any other competitors across 12 key performance metrics.

b l it telecoms ltd Ownership

B L IT TELECOMS LTD group structure

B L It Telecoms Ltd has no subsidiary companies.

Ultimate parent company

B L IT TELECOMS LTD

09392895

B L IT TELECOMS LTD Shareholders

sydney wilson 100%

b l it telecoms ltd directors

B L It Telecoms Ltd currently has 1 director, Mr Sydney Wilson serving since Oct 2016.

officercountryagestartendrole
Mr Sydney WilsonEngland66 years Oct 2016- Director

P&L

January 2019

turnover

71.5k

-38%

operating profit

-362.9

0%

gross margin

14.9%

+23.56%

turnover

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

Balance Sheet

January 2019

net assets

-39.4k

+0.01%

total assets

4.7k

-0.66%

cash

208

-0.95%

net assets

Total assets minus all liabilities

b l it telecoms ltd company details

company number

09392895

Type

Private limited with Share Capital

industry

47410 - Retail sale of computers, peripheral units and software in specialised stores

incorporation date

January 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

January 2019

previous names

N/A

accountant

GOLDWYNS LIMITED

auditor

-

address

rutland house, 90-92 baxter avenue, southend on sea, essex, SS2 6HZ

Bank

-

Legal Advisor

-

b l it telecoms ltd 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 b l it telecoms ltd.

b l it telecoms 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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b l it telecoms ltd Companies House Filings - See Documents

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