bidding limited
bidding limited Company Information
Company Number
09443892
Website
www.healthbid.co.ukRegistered Address
stonebridge court, wakefield road, wakefield, WF4 5HQ
Industry
Management consultancy activities (other than financial management)
Telephone
01134790803
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
brendan fatchett 43.4%
nyon investments limited 37%
View Allbidding limited Estimated Valuation
Pomanda estimates the enterprise value of BIDDING LIMITED at £645.1k based on a Turnover of £1m and 0.63x industry multiple (adjusted for size and gross margin).
bidding limited Estimated Valuation
Pomanda estimates the enterprise value of BIDDING LIMITED at £1.5m based on an EBITDA of £334k and a 4.51x industry multiple (adjusted for size and gross margin).
bidding limited Estimated Valuation
Pomanda estimates the enterprise value of BIDDING LIMITED at £395.1k based on Net Assets of £147.8k and 2.67x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Bidding Limited Overview
Bidding Limited is a live company located in wakefield, WF4 5HQ with a Companies House number of 09443892. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in February 2015, it's largest shareholder is brendan fatchett with a 43.4% stake. Bidding Limited is a young, small sized company, Pomanda has estimated its turnover at £1m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Bidding Limited Health Check
Pomanda's financial health check has awarded Bidding Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £1m, make it larger than the average company (£285.2k)
- Bidding Limited
£285.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (5.1%)
- Bidding Limited
5.1% - Industry AVG
Production
with a gross margin of 55.9%, this company has a comparable cost of product (55.9%)
- Bidding Limited
55.9% - Industry AVG
Profitability
an operating margin of 32.3% make it more profitable than the average company (8.9%)
- Bidding Limited
8.9% - Industry AVG
Employees
with 13 employees, this is above the industry average (4)
13 - Bidding Limited
4 - Industry AVG
Pay Structure
on an average salary of £41.2k, the company has an equivalent pay structure (£41.2k)
- Bidding Limited
£41.2k - Industry AVG
Efficiency
resulting in sales per employee of £78.6k, this is less efficient (£109.3k)
- Bidding Limited
£109.3k - Industry AVG
Debtor Days
it gets paid by customers after 85 days, this is near the average (76 days)
- Bidding Limited
76 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (28 days)
- Bidding Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bidding Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 53 weeks, this is more cash available to meet short term requirements (26 weeks)
53 weeks - Bidding Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.2%, this is a higher level of debt than the average (56.2%)
68.2% - Bidding Limited
56.2% - Industry AVG
BIDDING LIMITED financials
Bidding Limited's latest turnover from February 2023 is estimated at £1 million and the company has net assets of £147.8 thousand. According to their latest financial statements, Bidding Limited has 13 employees and maintains cash reserves of £153.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | 13 | 13 | 13 | 13 | 13 | 9 | 5 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 30,182 | 19,153 | 12,687 | 12,058 | 12,469 | 8,738 | 3,594 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 30,182 | 19,153 | 12,687 | 12,058 | 12,469 | 8,738 | 3,594 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 37,871 | 11,936 | 0 | 0 | 0 |
| Trade Debtors | 238,910 | 90,139 | 49,200 | 78,165 | 94,305 | 136,315 | 107,956 | 35,010 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 41,846 | 10,950 | 1,379 | 1,835 | 1,379 | 1,379 | 1,379 | 0 |
| Cash | 153,357 | 47,356 | 213,491 | 132,337 | 84,041 | 113,993 | 35,258 | 45,876 |
| misc current assets | 0 | 2,634 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 434,113 | 151,079 | 264,070 | 250,208 | 191,661 | 251,687 | 144,593 | 80,886 |
| total assets | 464,295 | 170,232 | 276,757 | 262,266 | 204,130 | 260,425 | 148,187 | 80,886 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 20,616 | 27,205 | 25,618 | 35,535 | 63,531 | 35,000 | 37,235 | 28,103 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 7,500 | 7,500 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 129,615 | 64,887 | 35,460 | 84,943 | 73,306 | 103,375 | 47,800 | 22,481 |
| total current liabilities | 150,231 | 92,092 | 61,078 | 120,478 | 136,837 | 138,375 | 92,535 | 58,084 |
| loans | 166,256 | 186,655 | 200,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 166,256 | 186,655 | 200,000 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 316,487 | 278,747 | 261,078 | 120,478 | 136,837 | 138,375 | 92,535 | 58,084 |
| net assets | 147,808 | -108,515 | 15,679 | 141,788 | 67,293 | 122,050 | 55,652 | 22,802 |
| total shareholders funds | 147,808 | -108,515 | 15,679 | 141,788 | 67,293 | 122,050 | 55,652 | 22,802 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 3,948 | 2,538 | 2,411 | 2,494 | 1,747 | 719 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | -37,871 | 25,935 | 11,936 | 0 | 0 | 0 |
| Debtors | 179,667 | 50,510 | -29,421 | -15,684 | -42,010 | 28,359 | 74,325 | 35,010 |
| Creditors | -6,589 | 1,587 | -9,917 | -27,996 | 28,531 | -2,235 | 9,132 | 28,103 |
| Accruals and Deferred Income | 64,728 | 29,427 | -49,483 | 11,637 | -30,069 | 55,575 | 25,319 | 22,481 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | -7,500 | 0 | 7,500 |
| Long term loans | -20,399 | -13,345 | 200,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 106,001 | -166,135 | 81,154 | 48,296 | -29,952 | 78,735 | -10,618 | 45,876 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 106,001 | -166,135 | 81,154 | 48,296 | -29,952 | 78,735 | -10,618 | 45,876 |
bidding limited Credit Report and Business Information
Bidding Limited Competitor Analysis
Perform a competitor analysis for bidding limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in WF4 area or any other competitors across 12 key performance metrics.
bidding limited Ownership
BIDDING LIMITED group structure
Bidding Limited has 3 subsidiary companies.
Ultimate parent company
BIDDING LIMITED
09443892
3 subsidiaries
bidding limited directors
Bidding Limited currently has 2 directors. The longest serving directors include Mr Brendan Fatchett (Aug 2015) and Mrs Sarah Fatchett (Sep 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Brendan Fatchett | England | 52 years | Aug 2015 | - | Director |
| Mrs Sarah Fatchett | England | 53 years | Sep 2022 | - | Director |
P&L
February 2023turnover
1m
+64%
operating profit
330.1k
0%
gross margin
56%
-1.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
147.8k
-2.36%
total assets
464.3k
+1.73%
cash
153.4k
+2.24%
net assets
Total assets minus all liabilities
bidding limited company details
company number
09443892
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
February 2015
age
9
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
bid ninja limited (April 2017)
last accounts submitted
February 2023
address
stonebridge court, wakefield road, wakefield, WF4 5HQ
accountant
SIMPSON ACCOUNTING SERVICES
auditor
-
bidding 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 1 charges/mortgages relating to bidding limited. Currently there are 1 open charges and 0 have been satisfied in the past.
bidding limited Companies House Filings - See Documents
| date | description | view/download |
|---|
