b x dry cleaners & alterations ltd
b x dry cleaners & alterations ltd Company Information
Group Structure
View All
Industry
Cleaning services (other than disinfecting and extermination services) n.e.c.
Registered Address
unit 1 wren house, 19/23 exchange road, watford, WD18 0JG
Website
www.bxdrycleaners.co.ukb x dry cleaners & alterations ltd Estimated Valuation
Pomanda estimates the enterprise value of B X DRY CLEANERS & ALTERATIONS LTD at £32k based on a Turnover of £58.1k and 0.55x industry multiple (adjusted for size and gross margin).
b x dry cleaners & alterations ltd Estimated Valuation
Pomanda estimates the enterprise value of B X DRY CLEANERS & ALTERATIONS LTD at £99 based on an EBITDA of £33 and a 2.97x industry multiple (adjusted for size and gross margin).
b x dry cleaners & alterations ltd Estimated Valuation
Pomanda estimates the enterprise value of B X DRY CLEANERS & ALTERATIONS LTD at £0 based on Net Assets of £-30.5k and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
B X Dry Cleaners & Alterations Ltd Overview
B X Dry Cleaners & Alterations Ltd is a live company located in watford, WD18 0JG with a Companies House number of 09657689. It operates in the other cleaning services sector, SIC Code 81299. Founded in June 2015, it's largest shareholder is muhammad farhad with a 100% stake. B X Dry Cleaners & Alterations Ltd is a established, micro sized company, Pomanda has estimated its turnover at £58.1k with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
B X Dry Cleaners & Alterations Ltd Health Check
Pomanda's financial health check has awarded B X Dry Cleaners & Alterations Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £58.1k, make it smaller than the average company (£233.2k)
- B X Dry Cleaners & Alterations Ltd
£233.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (7.1%)
- B X Dry Cleaners & Alterations Ltd
7.1% - Industry AVG
Production
with a gross margin of 20.8%, this company has a higher cost of product (37.6%)
- B X Dry Cleaners & Alterations Ltd
37.6% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (5.4%)
- B X Dry Cleaners & Alterations Ltd
5.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (13)
1 - B X Dry Cleaners & Alterations Ltd
13 - Industry AVG
Pay Structure
on an average salary of £14.7k, the company has an equivalent pay structure (£14.7k)
- B X Dry Cleaners & Alterations Ltd
£14.7k - Industry AVG
Efficiency
resulting in sales per employee of £58.1k, this is more efficient (£26.2k)
- B X Dry Cleaners & Alterations Ltd
£26.2k - Industry AVG
Debtor Days
it gets paid by customers after 118 days, this is later than average (42 days)
- B X Dry Cleaners & Alterations Ltd
42 days - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (22 days)
- B X Dry Cleaners & Alterations Ltd
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- B X Dry Cleaners & Alterations Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - B X Dry Cleaners & Alterations Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 254.4%, this is a higher level of debt than the average (55.8%)
254.4% - B X Dry Cleaners & Alterations Ltd
55.8% - Industry AVG
B X DRY CLEANERS & ALTERATIONS LTD financials
B X Dry Cleaners & Alterations Ltd's latest turnover from June 2023 is estimated at £58.1 thousand and the company has net assets of -£30.5 thousand. According to their latest financial statements, B X Dry Cleaners & Alterations Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 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 | 1 | 2 | 2 | 2 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 740 | 925 | 1,156 | 1,445 | 1,806 | 2,257 | 2,822 | 3,360 |
| Intangible Assets | ||||||||
| Investments & Other | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| Debtors (Due After 1 year) | 4,500 | |||||||
| Total Fixed Assets | 840 | 1,025 | 1,256 | 1,545 | 1,906 | 2,357 | 2,922 | 7,960 |
| Stock & work in progress | ||||||||
| Trade Debtors | 18,891 | 41,973 | 49,660 | 5,572 | 3,758 | 1,421 | ||
| Group Debtors | ||||||||
| Misc Debtors | ||||||||
| Cash | 896 | 2,492 | ||||||
| misc current assets | ||||||||
| total current assets | 18,891 | 41,973 | 49,660 | 5,572 | 3,758 | 1,421 | 896 | 2,492 |
| total assets | 19,731 | 42,998 | 50,916 | 7,117 | 5,664 | 3,778 | 3,818 | 10,452 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 6,320 | 24,021 | 6,782 | 5,671 | 3,402 | 2,190 | 504 | 250 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | ||||||||
| total current liabilities | 6,320 | 24,021 | 6,782 | 5,671 | 3,402 | 2,190 | 504 | 250 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 43,878 | 49,469 | 51,445 | 11,445 | 1,445 | 1,445 | 3,200 | 11,000 |
| provisions | ||||||||
| total long term liabilities | 43,878 | 49,469 | 51,445 | 11,445 | 1,445 | 1,445 | 3,200 | 11,000 |
| total liabilities | 50,198 | 73,490 | 58,227 | 17,116 | 4,847 | 3,635 | 3,704 | 11,250 |
| net assets | -30,467 | -30,492 | -7,311 | -9,999 | 817 | 143 | 114 | -798 |
| total shareholders funds | -30,467 | -30,492 | -7,311 | -9,999 | 817 | 143 | 114 | -798 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 840 | |||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | -23,082 | -7,687 | 44,088 | 1,814 | 2,337 | 1,421 | -4,500 | 4,500 |
| Creditors | -17,701 | 17,239 | 1,111 | 2,269 | 1,212 | 1,686 | 254 | 250 |
| Accruals and Deferred Income | ||||||||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 100 | |||||||
| 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 | -5,591 | -1,976 | 40,000 | 10,000 | -1,755 | -7,800 | 11,000 | |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -896 | -1,596 | 2,492 | |||||
| overdraft | ||||||||
| change in cash | -896 | -1,596 | 2,492 |
b x dry cleaners & alterations ltd Credit Report and Business Information
B X Dry Cleaners & Alterations Ltd Competitor Analysis
Perform a competitor analysis for b x dry cleaners & alterations ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in WD18 area or any other competitors across 12 key performance metrics.
b x dry cleaners & alterations ltd Ownership
B X DRY CLEANERS & ALTERATIONS LTD group structure
B X Dry Cleaners & Alterations Ltd has no subsidiary companies.
Ultimate parent company
B X DRY CLEANERS & ALTERATIONS LTD
09657689
b x dry cleaners & alterations ltd directors
B X Dry Cleaners & Alterations Ltd currently has 1 director, Mr Muhammad Farhad serving since Jun 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Muhammad Farhad | United Kingdom | 44 years | Jun 2015 | - | Director |
P&L
June 2023turnover
58.1k
-58%
operating profit
33.3
0%
gross margin
20.9%
+22.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-30.5k
0%
total assets
19.7k
-0.54%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
b x dry cleaners & alterations ltd company details
company number
09657689
Type
Private limited with Share Capital
industry
81299 - Cleaning services (other than disinfecting and extermination services) n.e.c.
incorporation date
June 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
unit 1 wren house, 19/23 exchange road, watford, WD18 0JG
Bank
-
Legal Advisor
-
b x dry cleaners & alterations 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 x dry cleaners & alterations ltd.
b x dry cleaners & alterations 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.
Click to start generating capital raising & share issue transactions for B X DRY CLEANERS & ALTERATIONS LTD. This can take several minutes, an email will notify you when this has completed.
b x dry cleaners & alterations ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
