biss 179 limited
biss 179 limited Company Information
Group Structure
View All
Industry
Non-life insurance
+3Registered Address
5th floor 40 gracechurch street, london, EC3V 0BT
Website
-biss 179 limited Estimated Valuation
Pomanda estimates the enterprise value of BISS 179 LIMITED at £3 based on a Turnover of £7 and 0.54x industry multiple (adjusted for size and gross margin).
biss 179 limited Estimated Valuation
Pomanda estimates the enterprise value of BISS 179 LIMITED at £47 based on an EBITDA of £7 and a 6.8x industry multiple (adjusted for size and gross margin).
biss 179 limited Estimated Valuation
Pomanda estimates the enterprise value of BISS 179 LIMITED at £0 based on Net Assets of £-169.3k and 1.69x industry multiple (adjusted for liquidity).
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Biss 179 Limited Overview
Biss 179 Limited is a dissolved company that was located in london, EC3V 0BT with a Companies House number of 09493983. It operated in the non-life insurance sector, SIC Code 65120. Founded in March 2015, it's largest shareholder was biss underwriting ltd with a 100% stake. The last turnover for Biss 179 Limited was estimated at £7.
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Biss 179 Limited Health Check
Pomanda's financial health check has awarded Biss 179 Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
4 Weak
Size
annual sales of £7, make it smaller than the average company (£1.6m)
£7 - Biss 179 Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -94%, show it is growing at a slower rate (5.2%)
-94% - Biss 179 Limited
5.2% - Industry AVG
Production
with a gross margin of 79.5%, this company has a comparable cost of product (79.5%)
79.5% - Biss 179 Limited
79.5% - Industry AVG
Profitability
an operating margin of 100% make it more profitable than the average company (11.4%)
100% - Biss 179 Limited
11.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (40)
- Biss 179 Limited
40 - Industry AVG
Pay Structure
on an average salary of £74.2k, the company has an equivalent pay structure (£74.2k)
- Biss 179 Limited
£74.2k - Industry AVG
Efficiency
resulting in sales per employee of £7, this is less efficient (£1.8m)
- Biss 179 Limited
£1.8m - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Biss 179 Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Biss 179 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Biss 179 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Biss 179 Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Biss 179 Limited
- - Industry AVG
BISS 179 LIMITED financials
Biss 179 Limited's latest turnover from December 2020 is £7 and the company has net assets of -£169.3 thousand. According to their latest financial statements, we estimate that Biss 179 Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|
| Turnover | 7 | -5,870 | -24,718 | 38,101 | 160,425 | 64,155 |
| Other Income Or Grants | 0 | |||||
| Cost Of Sales | 0 | |||||
| Gross Profit | 64,155 | |||||
| Admin Expenses | 0 | |||||
| Operating Profit | 7 | -6,270 | -24,718 | 37,901 | 160,225 | 64,155 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 1 | 5 | 1 | 0 | 0 |
| Pre-Tax Profit | 7 | -6,269 | -24,713 | 37,902 | 160,225 | -246,916 |
| Tax | -1,796 | 3,148 | 13,223 | -28,525 | -34,498 | -41,135 |
| Profit After Tax | -1,789 | -3,121 | -11,490 | 9,377 | 125,727 | -288,051 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -1,789 | -3,121 | -11,490 | 9,377 | 125,727 | -288,051 |
| Employee Costs | 0 | |||||
| Number Of Employees | ||||||
| EBITDA* | 7 | -6,270 | -24,718 | 37,901 | 160,225 | 64,155 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 775 | 13 | 192,823 | 214,067 | 172,234 |
| Misc Debtors | 0 | 1,796 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 11 | 1 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 0 | 2,571 | 24 | 192,824 | 214,067 | 172,234 |
| total assets | 0 | 2,571 | 24 | 192,824 | 214,067 | 172,234 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 169,346 | 170,128 | 131,889 | 269,435 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 300,757 | 419,149 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 32,571 | 34,977 | 30,374 | 0 |
| total current liabilities | 169,346 | 170,128 | 164,460 | 304,412 | 331,131 | 419,149 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 41,358 | 45,259 | 41,135 |
| total long term liabilities | 0 | 0 | 0 | 41,358 | 45,259 | 41,135 |
| total liabilities | 169,346 | 170,128 | 164,460 | 345,770 | 376,390 | 460,284 |
| net assets | -169,346 | -167,557 | -164,436 | -152,946 | -162,323 | -288,050 |
| total shareholders funds | -169,346 | -167,557 | -164,436 | -152,946 | -162,323 | -288,050 |
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 7 | -6,270 | -24,718 | 37,901 | 160,225 | 64,155 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,796 | 3,148 | 13,223 | -28,525 | -34,498 | -41,135 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -2,571 | 2,558 | -192,810 | -21,244 | 41,833 | 172,234 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | -32,571 | -2,406 | 4,603 | 30,374 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | -41,358 | -3,901 | 4,124 | 41,135 |
| Cash flow from operations | 782 | -38,251 | 137,551 | 31,322 | 118,392 | -108,079 |
| Investing Activities | ||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -782 | 38,239 | -137,546 | 269,435 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | -300,757 | -118,392 | 419,149 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | 0 | 1 | 5 | 1 | 0 | 0 |
| cash flow from financing | -782 | 38,240 | -137,541 | -31,321 | -118,392 | 419,150 |
| cash and cash equivalents | ||||||
| cash | 0 | -11 | 10 | 1 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -11 | 10 | 1 | 0 | 0 |
biss 179 limited Credit Report and Business Information
Biss 179 Limited Competitor Analysis
Perform a competitor analysis for biss 179 limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in EC3V area or any other competitors across 12 key performance metrics.
biss 179 limited Ownership
BISS 179 LIMITED group structure
Biss 179 Limited has no subsidiary companies.
biss 179 limited directors
Biss 179 Limited currently has 1 director, Mr Philip Morris serving since Mar 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Morris | England | 63 years | Mar 2015 | - | Director |
P&L
December 2020turnover
7
-100%
operating profit
7
-100%
gross margin
79.5%
-3.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2020net assets
-169.3k
+0.01%
total assets
0
-1%
cash
0
0%
net assets
Total assets minus all liabilities
biss 179 limited company details
company number
09493983
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
65201 - Life reinsurance
65110 - Life insurance
incorporation date
March 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2020
previous names
N/A
accountant
-
auditor
PKF LITTLEJOHN LLP
address
5th floor 40 gracechurch street, london, EC3V 0BT
Bank
-
Legal Advisor
-
biss 179 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 did not find charges/mortgages relating to biss 179 limited.
biss 179 limited 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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biss 179 limited Companies House Filings - See Documents
| date | description | view/download |
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