west bromwich town bid cic
west bromwich town bid cic Company Information
Company Number
09716368
Next Accounts
Mar 2025
Industry
Other personal service activities n.e.c.
Shareholders
-
Group Structure
View All
Contact
Registered Address
4 st michaels court, victoria street, west bromwich, B70 8ET
Website
westbromwichtown.co.ukwest bromwich town bid cic Estimated Valuation
Pomanda estimates the enterprise value of WEST BROMWICH TOWN BID CIC at £137.2k based on a Turnover of £263k and 0.52x industry multiple (adjusted for size and gross margin).
west bromwich town bid cic Estimated Valuation
Pomanda estimates the enterprise value of WEST BROMWICH TOWN BID CIC at £0 based on an EBITDA of £-461 and a 3.11x industry multiple (adjusted for size and gross margin).
west bromwich town bid cic Estimated Valuation
Pomanda estimates the enterprise value of WEST BROMWICH TOWN BID CIC at £1k based on Net Assets of £520 and 1.97x industry multiple (adjusted for liquidity).
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West Bromwich Town Bid Cic Overview
West Bromwich Town Bid Cic is a live company located in west bromwich, B70 8ET with a Companies House number of 09716368. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in August 2015, it's largest shareholder is unknown. West Bromwich Town Bid Cic is a young, micro sized company, Pomanda has estimated its turnover at £263k with low growth in recent years.
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West Bromwich Town Bid Cic Health Check
Pomanda's financial health check has awarded West Bromwich Town Bid Cic a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £263k, make it smaller than the average company (£907.6k)
- West Bromwich Town Bid Cic
£907.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (5.6%)
- West Bromwich Town Bid Cic
5.6% - Industry AVG
Production
with a gross margin of 20.2%, this company has a higher cost of product (41.5%)
- West Bromwich Town Bid Cic
41.5% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (6.5%)
- West Bromwich Town Bid Cic
6.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (14)
2 - West Bromwich Town Bid Cic
14 - Industry AVG
Pay Structure
on an average salary of £30.6k, the company has an equivalent pay structure (£30.6k)
- West Bromwich Town Bid Cic
£30.6k - Industry AVG
Efficiency
resulting in sales per employee of £131.5k, this is more efficient (£88.4k)
- West Bromwich Town Bid Cic
£88.4k - Industry AVG
Debtor Days
it gets paid by customers after 118 days, this is later than average (30 days)
- West Bromwich Town Bid Cic
30 days - Industry AVG
Creditor Days
its suppliers are paid after 148 days, this is slower than average (39 days)
- West Bromwich Town Bid Cic
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- West Bromwich Town Bid Cic
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - West Bromwich Town Bid Cic
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.4%, this is a higher level of debt than the average (45.4%)
99.4% - West Bromwich Town Bid Cic
45.4% - Industry AVG
WEST BROMWICH TOWN BID CIC financials
West Bromwich Town Bid Cic's latest turnover from June 2023 is estimated at £263 thousand and the company has net assets of £520. According to their latest financial statements, West Bromwich Town Bid Cic has 2 employees 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 | 218,969 | 273,252 | 245,747 | 264,467 | 344,118 | 203,711 | 174,193 | |
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | -39,492 | |||||||
| Interest Payable | 0 | 0 | 566 | 606 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 31 | |
| Pre-Tax Profit | 876 | 86,177 | -14,764 | -56,583 | 71,221 | -46,485 | -39,461 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit After Tax | 876 | 86,177 | -14,764 | -56,583 | 71,221 | -46,485 | -39,461 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 876 | 86,177 | -14,764 | -56,583 | 71,221 | -46,485 | -39,461 | |
| Employee Costs | 67,184 | 45,193 | 41,696 | 73,822 | 80,124 | 76,192 | 68,059 | |
| Number Of Employees | 2 | 2 | 2 | 1 | 2 | |||
| EBITDA* | -38,176 |
* 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 | 559 | 1,624 | 1,858 | 3,092 | 4,277 | 3,979 | 3,619 | 4,797 |
| 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 | 559 | 1,624 | 1,858 | 3,092 | 4,277 | 3,979 | 3,619 | 4,797 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 85,088 | 117,692 | 60,341 | 0 | 0 | 75,054 | 2,835 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 28,607 | 14,601 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 2,125 | 3,079 | 0 | 0 | 19,278 |
| total current assets | 85,088 | 117,692 | 60,341 | 30,732 | 17,680 | 75,054 | 2,835 | 19,278 |
| total assets | 85,647 | 119,316 | 62,199 | 33,824 | 21,957 | 79,033 | 6,454 | 24,075 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 85,127 | 118,335 | 62,094 | 26,378 | 0 | 93,758 | 92,400 | 63,536 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 90,000 | 90,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 3,518 | 3,265 | 0 | 0 | 0 |
| total current liabilities | 85,127 | 118,335 | 62,094 | 119,896 | 93,265 | 93,758 | 92,400 | 63,536 |
| loans | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 85,127 | 118,335 | 62,094 | 119,896 | 93,265 | 93,758 | 92,400 | 63,536 |
| net assets | 520 | 981 | 105 | -86,072 | -71,308 | -14,725 | -85,946 | -39,461 |
| total shareholders funds | 520 | 981 | 105 | -86,072 | -71,308 | -14,725 | -85,946 | -39,461 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -39,492 | |||||||
| Depreciation | 1,354 | 1,234 | 2,085 | 2,372 | 1,838 | 13,262 | 1,316 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -32,604 | 57,351 | 60,341 | 0 | -75,054 | 72,219 | 2,835 | 0 |
| Creditors | -33,208 | 56,241 | 35,716 | 26,378 | -93,758 | 1,358 | 28,864 | 63,536 |
| Accruals and Deferred Income | 0 | 0 | -3,518 | 253 | 3,265 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 25,360 | |||||||
| 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 | -90,000 | 0 | 90,000 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 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 | 0 | 0 | -566 | -606 | 0 | 0 | 31 | |
| cash flow from financing | 0 | -90,000 | -566 | 89,394 | 0 | 0 | 31 | |
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | -28,607 | 14,006 | 14,601 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -28,607 | 14,006 | 14,601 | 0 | 0 | 0 |
west bromwich town bid cic Credit Report and Business Information
West Bromwich Town Bid Cic Competitor Analysis
Perform a competitor analysis for west bromwich town bid cic by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in B70 area or any other competitors across 12 key performance metrics.
west bromwich town bid cic Ownership
WEST BROMWICH TOWN BID CIC group structure
West Bromwich Town Bid Cic has no subsidiary companies.
Ultimate parent company
WEST BROMWICH TOWN BID CIC
09716368
west bromwich town bid cic directors
West Bromwich Town Bid Cic currently has 7 directors. The longest serving directors include Mr Paul Ramsey (Aug 2015) and Mr Gerard Ritchie (Aug 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Ramsey | England | 61 years | Aug 2015 | - | Director |
| Mr Gerard Ritchie | England | 64 years | Aug 2015 | - | Director |
| Miss Jacqueline Clay | England | 51 years | Nov 2021 | - | Director |
| Mr Jasdeep Babra | England | 55 years | Nov 2021 | - | Director |
| Mr Mark Brayford | England | 61 years | Nov 2021 | - | Director |
| Mr Ian Thompson | 64 years | Nov 2021 | - | Director | |
| Mrs Laura Hadley | England | 44 years | Nov 2021 | - | Director |
P&L
June 2023turnover
263k
+20%
operating profit
-461
0%
gross margin
20.3%
+5.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
520
-0.47%
total assets
85.6k
-0.28%
cash
0
0%
net assets
Total assets minus all liabilities
west bromwich town bid cic company details
company number
09716368
Type
Private Ltd By Guarantee w/o Share Cap
industry
96090 - Other personal service activities n.e.c.
incorporation date
August 2015
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
HOLDEN & CO
auditor
-
address
4 st michaels court, victoria street, west bromwich, B70 8ET
Bank
-
Legal Advisor
-
west bromwich town bid cic 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 west bromwich town bid cic.
west bromwich town bid cic 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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west bromwich town bid cic Companies House Filings - See Documents
| date | description | view/download |
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