bridging gloves

Live EstablishedMicroDeclining

bridging gloves Company Information

Share BRIDGING GLOVES

Company Number

09393807

Shareholders

-

Group Structure

View All

Industry

Activities of sport clubs

 

Registered Address

unit 6-7, chepping park, lincoln road., high wycombe, bucks, HP123RB

Website

-

bridging gloves Estimated Valuation

£33.4k

Pomanda estimates the enterprise value of BRIDGING GLOVES at £33.4k based on a Turnover of £38.1k and 0.88x industry multiple (adjusted for size and gross margin).

bridging gloves Estimated Valuation

£0

Pomanda estimates the enterprise value of BRIDGING GLOVES at £0 based on an EBITDA of £-14.1k and a 2.43x industry multiple (adjusted for size and gross margin).

bridging gloves Estimated Valuation

£0

Pomanda estimates the enterprise value of BRIDGING GLOVES at £0 based on Net Assets of £-23.5k and 1.77x industry multiple (adjusted for liquidity).

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Bridging Gloves Overview

Bridging Gloves is a live company located in high wycombe, HP123RB with a Companies House number of 09393807. It operates in the activities of sport clubs sector, SIC Code 93120. Founded in January 2015, it's largest shareholder is unknown. Bridging Gloves is a established, micro sized company, Pomanda has estimated its turnover at £38.1k with declining growth in recent years.

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Bridging Gloves Health Check

Pomanda's financial health check has awarded Bridging Gloves a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £38.1k, make it smaller than the average company (£345.8k)

£38.1k - Bridging Gloves

£345.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (12.6%)

-8% - Bridging Gloves

12.6% - Industry AVG

production

Production

with a gross margin of 30.4%, this company has a higher cost of product (58.9%)

30.4% - Bridging Gloves

58.9% - Industry AVG

profitability

Profitability

an operating margin of -37% make it less profitable than the average company (-0.3%)

-37% - Bridging Gloves

-0.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (18)

2 - Bridging Gloves

18 - Industry AVG

paystructure

Pay Structure

on an average salary of £20.9k, the company has an equivalent pay structure (£20.9k)

£20.9k - Bridging Gloves

£20.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £19.1k, this is less efficient (£50.6k)

£19.1k - Bridging Gloves

£50.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 28 days, this is later than average (13 days)

28 days - Bridging Gloves

13 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 115 days, this is slower than average (38 days)

115 days - Bridging Gloves

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Bridging Gloves

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Bridging Gloves

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 419.6%, this is a higher level of debt than the average (39%)

419.6% - Bridging Gloves

39% - Industry AVG

BRIDGING GLOVES financials

EXPORTms excel logo

Bridging Gloves's latest turnover from January 2024 is estimated at £38.1 thousand and the company has net assets of -£23.5 thousand. According to their latest financial statements, Bridging Gloves has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016
Turnover38,13127,92326,73449,41615,84344,72913,85145,64916,931
Other Income Or Grants
Cost Of Sales26,52619,36618,97834,88710,08529,2108,45027,56811,128
Gross Profit11,6058,5567,75714,5305,75815,5205,40118,0815,803
Admin Expenses25,715-3,55617,05819,8326,66711,0847,88636,071-10,578
Operating Profit-14,11012,112-9,301-5,302-9094,436-2,485-17,99016,381
Interest Payable
Interest Receivable1530
Pre-Tax Profit-14,11012,112-9,301-5,302-9094,436-2,485-17,97516,411
Tax-2,301-843-3,282
Profit After Tax-14,1109,811-9,301-5,302-9093,593-2,485-17,97513,129
Dividends Paid
Retained Profit-14,1109,811-9,301-5,302-9093,593-2,485-17,97513,129
Employee Costs41,86842,42246,69842,22222,50445,46422,29122,29323,702
Number Of Employees222212111
EBITDA*-14,11012,112-9,301-5,302-9094,436-2,485-17,99019,381

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016
Tangible Assets4,3715,4643,1463,9324,9156,1447,6809,60012,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets4,3715,4643,1463,9324,9156,1447,6809,60012,000
Stock & work in progress
Trade Debtors2,9989301,2557,2031,4783,6961,0714,614
Group Debtors
Misc Debtors
Cash11,960
misc current assets
total current assets2,9989301,2557,2031,4783,6961,0714,61411,960
total assets7,3696,3944,40111,1356,3939,8408,75114,21423,960
Bank overdraft
Bank loan
Trade Creditors 8,4187,33323,65121,08411,04013,57813,88219,06010,831
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities8,4187,33323,65121,08411,04013,57813,88219,06010,831
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities22,5008,5002,200
provisions
total long term liabilities22,5008,5002,200
total liabilities30,91815,83323,65121,08411,04013,57816,08219,06010,831
net assets-23,549-9,439-19,250-9,949-4,647-3,738-7,331-4,84613,129
total shareholders funds-23,549-9,439-19,250-9,949-4,647-3,738-7,331-4,84613,129
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016
Operating Activities
Operating Profit-14,11012,112-9,301-5,302-9094,436-2,485-17,99016,381
Depreciation3,000
Amortisation
Tax-2,301-843-3,282
Stock
Debtors2,068-325-5,9485,725-2,2182,625-3,5434,614
Creditors1,085-16,3182,56710,044-2,538-304-5,1788,22910,831
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-15,093-6,182-786-983-1,229664-4,120-14,37526,930
Investing Activities
capital expenditure1,093-2,3187869831,2291,5361,9202,400-15,000
Change in Investments
cash flow from investments1,093-2,3187869831,2291,5361,9202,400-15,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities14,0008,500-2,2002,200
share issue
interest1530
cash flow from financing14,0008,500-2,2002,2001530
cash and cash equivalents
cash-11,96011,960
overdraft
change in cash-11,96011,960

bridging gloves 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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Bridging Gloves Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for bridging gloves by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in HP12 area or any other competitors across 12 key performance metrics.

bridging gloves Ownership

BRIDGING GLOVES group structure

Bridging Gloves has no subsidiary companies.

Ultimate parent company

BRIDGING GLOVES

09393807

BRIDGING GLOVES Shareholders

--

bridging gloves directors

Bridging Gloves currently has 1 director, Mr Shahid Hussain serving since Jan 2015.

officercountryagestartendrole
Mr Shahid HussainEngland49 years Jan 2015- Director

P&L

January 2024

turnover

38.1k

+37%

operating profit

-14.1k

0%

gross margin

30.5%

-0.68%

turnover

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

Balance Sheet

January 2024

net assets

-23.5k

+1.49%

total assets

7.4k

+0.15%

cash

0

0%

net assets

Total assets minus all liabilities

bridging gloves company details

company number

09393807

Type

Private Limited by guarantee without Share Capital Exempt from using Limited

industry

93120 - Activities of sport clubs

incorporation date

January 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

N/A

accountant

G&S ACCOUNTANTS LIMITED

auditor

-

address

unit 6-7, chepping park, lincoln road., high wycombe, bucks, HP123RB

Bank

-

Legal Advisor

-

bridging gloves 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 bridging gloves.

bridging gloves 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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bridging gloves Companies House Filings - See Documents

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