union bureau de change ltd
union bureau de change ltd Company Information
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
8 b spring street, london, W2 3RA
Website
www.unionbureau.comunion bureau de change ltd Estimated Valuation
Pomanda estimates the enterprise value of UNION BUREAU DE CHANGE LTD at £521.9k based on a Turnover of £432.2k and 1.21x industry multiple (adjusted for size and gross margin).
union bureau de change ltd Estimated Valuation
Pomanda estimates the enterprise value of UNION BUREAU DE CHANGE LTD at £72.5k based on an EBITDA of £17.4k and a 4.17x industry multiple (adjusted for size and gross margin).
union bureau de change ltd Estimated Valuation
Pomanda estimates the enterprise value of UNION BUREAU DE CHANGE LTD at £0 based on Net Assets of £-118.7k and 1.31x industry multiple (adjusted for liquidity).
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Union Bureau De Change Ltd Overview
Union Bureau De Change Ltd is a live company located in london, W2 3RA with a Companies House number of 09445734. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in February 2015, it's largest shareholder is abdulla kovath with a 100% stake. Union Bureau De Change Ltd is a established, micro sized company, Pomanda has estimated its turnover at £432.2k with declining growth in recent years.
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Union Bureau De Change Ltd Health Check
Pomanda's financial health check has awarded Union Bureau De Change Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
6 Weak
Size
annual sales of £432.2k, make it smaller than the average company (£5.3m)
- Union Bureau De Change Ltd
£5.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (6.4%)
- Union Bureau De Change Ltd
6.4% - Industry AVG
Production
with a gross margin of 54.7%, this company has a comparable cost of product (54.7%)
- Union Bureau De Change Ltd
54.7% - Industry AVG
Profitability
an operating margin of 3.9% make it less profitable than the average company (9.1%)
- Union Bureau De Change Ltd
9.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (12)
2 - Union Bureau De Change Ltd
12 - Industry AVG
Pay Structure
on an average salary of £79.6k, the company has an equivalent pay structure (£79.6k)
- Union Bureau De Change Ltd
£79.6k - Industry AVG
Efficiency
resulting in sales per employee of £216.1k, this is equally as efficient (£216.1k)
- Union Bureau De Change Ltd
£216.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Union Bureau De Change Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Union Bureau De Change Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Union Bureau De Change Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (28 weeks)
8 weeks - Union Bureau De Change Ltd
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 454.8%, this is a higher level of debt than the average (70.1%)
454.8% - Union Bureau De Change Ltd
70.1% - Industry AVG
UNION BUREAU DE CHANGE LTD financials
Union Bureau De Change Ltd's latest turnover from February 2024 is estimated at £432.2 thousand and the company has net assets of -£118.7 thousand. According to their latest financial statements, Union Bureau De Change Ltd has 2 employees and maintains cash reserves of £25.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | 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 | 2 | 2 | 2 | 2 | 2 | 3 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,189 | 2,736 | 3,420 | 4,275 | 5,344 | 6,680 | 5,170 | 6,462 | 864 |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 2,189 | 2,736 | 3,420 | 4,275 | 5,344 | 6,680 | 5,170 | 6,462 | 864 |
| Stock & work in progress | |||||||||
| Trade Debtors | 374,749 | ||||||||
| Group Debtors | |||||||||
| Misc Debtors | 6,210 | 6,210 | 6,210 | ||||||
| Cash | 25,074 | 12,739 | 11,419 | 307,423 | 335,743 | 391,905 | 75,349 | 411,014 | 26,481 |
| misc current assets | |||||||||
| total current assets | 31,284 | 18,949 | 17,629 | 307,423 | 335,743 | 391,905 | 450,098 | 411,014 | 26,481 |
| total assets | 33,473 | 21,685 | 21,049 | 311,698 | 341,087 | 398,585 | 455,268 | 417,476 | 27,345 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 260,472 | 258,577 | 374,794 | 405,449 | 359,691 | ||||
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 152,219 | 153,820 | 154,704 | 152,664 | 150,554 | 44,916 | 14,328 | 10,518 | 22,575 |
| total current liabilities | 152,219 | 153,820 | 154,704 | 413,136 | 409,131 | 419,710 | 419,777 | 370,209 | 22,575 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 152,219 | 153,820 | 154,704 | 413,136 | 409,131 | 419,710 | 419,777 | 370,209 | 22,575 |
| net assets | -118,746 | -132,135 | -133,655 | -101,438 | -68,044 | -21,125 | 35,491 | 47,267 | 4,770 |
| total shareholders funds | -118,746 | -132,135 | -133,655 | -101,438 | -68,044 | -21,125 | 35,491 | 47,267 | 4,770 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 547 | 684 | 855 | 1,069 | 1,336 | 1,670 | 1,292 | 1,616 | |
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | 6,210 | -374,749 | 374,749 | ||||||
| Creditors | -260,472 | 1,895 | -116,217 | -30,655 | 45,758 | 359,691 | |||
| Accruals and Deferred Income | -1,601 | -884 | 2,040 | 2,110 | 105,638 | 30,588 | 3,810 | -12,057 | 22,575 |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 12,335 | 1,320 | -296,004 | -28,320 | -56,162 | 316,556 | -335,665 | 384,533 | 26,481 |
| overdraft | |||||||||
| change in cash | 12,335 | 1,320 | -296,004 | -28,320 | -56,162 | 316,556 | -335,665 | 384,533 | 26,481 |
union bureau de change ltd Credit Report and Business Information
Union Bureau De Change Ltd Competitor Analysis
Perform a competitor analysis for union bureau de change ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in W 2 area or any other competitors across 12 key performance metrics.
union bureau de change ltd Ownership
UNION BUREAU DE CHANGE LTD group structure
Union Bureau De Change Ltd has no subsidiary companies.
Ultimate parent company
UNION BUREAU DE CHANGE LTD
09445734
union bureau de change ltd directors
Union Bureau De Change Ltd currently has 1 director, Mr Mir Hashmi serving since Feb 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mir Hashmi | England | 49 years | Feb 2021 | - | Director |
P&L
February 2024turnover
432.2k
+7%
operating profit
16.9k
0%
gross margin
54.7%
-3.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
-118.7k
-0.1%
total assets
33.5k
+0.54%
cash
25.1k
+0.97%
net assets
Total assets minus all liabilities
union bureau de change ltd company details
company number
09445734
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
February 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
8 b spring street, london, W2 3RA
Bank
-
Legal Advisor
-
union bureau de change 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 union bureau de change ltd.
union bureau de change 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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union bureau de change ltd Companies House Filings - See Documents
| date | description | view/download |
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