boluda towage london ltd.
boluda towage london ltd. Company Information
Company Number
09903465
Next Accounts
106 days late
Industry
Other transportation support activities
Shareholders
boluda towage uk ltd
Group Structure
View All
Contact
Registered Address
london gateway logistics centre, 1st floor, stanford-le-hope, essex, SS17 9ER
Website
-boluda towage london ltd. Estimated Valuation
Pomanda estimates the enterprise value of BOLUDA TOWAGE LONDON LTD. at £3.9m based on a Turnover of £7.4m and 0.53x industry multiple (adjusted for size and gross margin).
boluda towage london ltd. Estimated Valuation
Pomanda estimates the enterprise value of BOLUDA TOWAGE LONDON LTD. at £1.4m based on an EBITDA of £356.2k and a 3.92x industry multiple (adjusted for size and gross margin).
boluda towage london ltd. Estimated Valuation
Pomanda estimates the enterprise value of BOLUDA TOWAGE LONDON LTD. at £0 based on Net Assets of £-4.8m and 2.3x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Boluda Towage London Ltd. Overview
Boluda Towage London Ltd. is a live company located in stanford-le-hope, SS17 9ER with a Companies House number of 09903465. It operates in the other transportation support activities sector, SIC Code 52290. Founded in December 2015, it's largest shareholder is boluda towage uk ltd with a 100% stake. Boluda Towage London Ltd. is a established, mid sized company, Pomanda has estimated its turnover at £7.4m with declining growth in recent years.
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Boluda Towage London Ltd. Health Check
Pomanda's financial health check has awarded Boluda Towage London Ltd. a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
5 Regular
6 Weak
Size
annual sales of £7.4m, make it smaller than the average company (£11.8m)
- Boluda Towage London Ltd.
£11.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (8.4%)
- Boluda Towage London Ltd.
8.4% - Industry AVG
Production
with a gross margin of 22.4%, this company has a comparable cost of product (22.4%)
- Boluda Towage London Ltd.
22.4% - Industry AVG
Profitability
an operating margin of 4.8% make it as profitable than the average company (5.1%)
- Boluda Towage London Ltd.
5.1% - Industry AVG
Employees
with 38 employees, this is similar to the industry average (45)
38 - Boluda Towage London Ltd.
45 - Industry AVG
Pay Structure
on an average salary of £45.4k, the company has an equivalent pay structure (£45.4k)
- Boluda Towage London Ltd.
£45.4k - Industry AVG
Efficiency
resulting in sales per employee of £194.3k, this is less efficient (£264.8k)
- Boluda Towage London Ltd.
£264.8k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is near the average (50 days)
- Boluda Towage London Ltd.
50 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is slower than average (37 days)
- Boluda Towage London Ltd.
37 days - Industry AVG
Stock Days
it holds stock equivalent to 17 days, this is more than average (5 days)
- Boluda Towage London Ltd.
5 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (15 weeks)
1 weeks - Boluda Towage London Ltd.
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 426%, this is a higher level of debt than the average (65.1%)
426% - Boluda Towage London Ltd.
65.1% - Industry AVG
BOLUDA TOWAGE LONDON LTD. financials
Boluda Towage London Ltd.'s latest turnover from December 2022 is estimated at £7.4 million and the company has net assets of -£4.8 million. According to their latest financial statements, Boluda Towage London Ltd. has 38 employees and maintains cash reserves of £178.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Turnover | 10,470,416 | 11,425,399 | 11,550,165 | 6,826,338 | 3,476,144 | 1,999,210 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 9,417,263 | 10,202,455 | 10,503,893 | 14,449,375 | 7,895,709 | 2,708,717 | |
| Gross Profit | 1,053,153 | 1,222,944 | 1,046,272 | -7,623,037 | -4,419,565 | -709,507 | |
| Admin Expenses | 805,034 | ||||||
| Operating Profit | 248,119 | ||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 72 | |
| Pre-Tax Profit | 248,119 | 297,010 | 306,920 | -8,142,707 | -5,135,313 | -1,048,242 | |
| Tax | -47,486 | -76,948 | -29,131 | -99,406 | 2,814 | 640 | |
| Profit After Tax | 200,633 | 220,062 | 277,789 | -8,242,113 | -5,132,499 | -1,047,602 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 200,633 | 220,062 | 277,789 | -8,242,113 | -5,132,499 | -1,047,602 | |
| Employee Costs | 1,708,412 | ||||||
| Number Of Employees | 38 | 35 | 38 | 23 | 23 | 16 | |
| EBITDA* | 251,236 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,326 | 8,300 | 11,418 | 3,231 | 13,453 | 27,596 | 16,359 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,326 | 8,300 | 11,418 | 3,231 | 13,453 | 27,596 | 16,359 |
| Stock & work in progress | 270,339 | 194,912 | 197,243 | 280,982 | 387,355 | 224,222 | 77,311 |
| Trade Debtors | 937,630 | 730,516 | 818,480 | 1,033,106 | 994,575 | 550,245 | 109,679 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 20,000 | 0 |
| Misc Debtors | 79,786 | 71,742 | 447,368 | 80,807 | 154,516 | 36,742 | 78,761 |
| Cash | 178,769 | 297,901 | 289,954 | 280,375 | 444,026 | 362,103 | 100,316 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,466,524 | 1,295,071 | 1,753,045 | 1,675,270 | 1,980,472 | 1,193,312 | 366,067 |
| total assets | 1,471,850 | 1,303,371 | 1,764,463 | 1,678,501 | 1,993,925 | 1,220,908 | 382,426 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 719,645 | 355,061 | 736,177 | 301,124 | 1,511,067 | 2,732,274 | 64,959 |
| Group/Directors Accounts | 5,242,700 | 5,636,245 | 5,986,126 | 6,677,541 | 12,716,791 | 3,704,028 | 1,335,330 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 308,158 | 403,615 | 334,343 | 212,081 | 2,188,181 | 964,607 | 29,639 |
| total current liabilities | 6,270,503 | 6,394,921 | 7,056,646 | 7,190,746 | 16,416,039 | 7,400,909 | 1,429,928 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 6,270,503 | 6,394,921 | 7,056,646 | 7,190,746 | 16,416,039 | 7,400,909 | 1,429,928 |
| net assets | -4,798,653 | -5,091,550 | -5,292,183 | -5,512,245 | -14,422,114 | -6,180,001 | -1,047,502 |
| total shareholders funds | -4,798,653 | -5,091,550 | -5,292,183 | -5,512,245 | -14,422,114 | -6,180,001 | -1,047,502 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 248,119 | ||||||
| Depreciation | 2,974 | 3,117 | 4,399 | 12,931 | 15,937 | 16,554 | 9,665 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -47,486 | -76,948 | -29,131 | -99,406 | 2,814 | 640 | |
| Stock | 75,427 | -2,331 | -83,739 | -106,373 | 163,133 | 146,911 | 77,311 |
| Debtors | 215,158 | -463,590 | 151,935 | -35,178 | 542,104 | 418,547 | 188,440 |
| Creditors | 364,584 | -381,116 | 435,053 | -1,209,943 | -1,221,207 | 2,667,315 | 64,959 |
| Accruals and Deferred Income | -95,457 | 69,272 | 122,262 | -1,976,100 | 1,223,574 | 934,968 | 29,639 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 357,827 | ||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -393,545 | -349,881 | -691,415 | -6,039,250 | 9,012,763 | 2,368,698 | 1,335,330 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | 0 | 0 | 0 | 0 | 0 | 72 | |
| cash flow from financing | -349,881 | -691,415 | 2,592,830 | 9,012,763 | 2,368,698 | 1,335,502 | |
| cash and cash equivalents | |||||||
| cash | -119,132 | 7,947 | 9,579 | -163,651 | 81,923 | 261,787 | 100,316 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -119,132 | 7,947 | 9,579 | -163,651 | 81,923 | 261,787 | 100,316 |
boluda towage london ltd. Credit Report and Business Information
Boluda Towage London Ltd. Competitor Analysis
Perform a competitor analysis for boluda towage london ltd. by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in SS17 area or any other competitors across 12 key performance metrics.
boluda towage london ltd. Ownership
BOLUDA TOWAGE LONDON LTD. group structure
Boluda Towage London Ltd. has no subsidiary companies.
Ultimate parent company
BOLUDA FINANCE BV
#0130500
2 parents
BOLUDA TOWAGE LONDON LTD.
09903465
boluda towage london ltd. directors
Boluda Towage London Ltd. currently has 4 directors. The longest serving directors include Mr Edwin Iding (Sep 2019) and Mr Geert Vandecappelle (Nov 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Edwin Iding | United Kingdom | 55 years | Sep 2019 | - | Director |
| Mr Geert Vandecappelle | United Kingdom | 61 years | Nov 2019 | - | Director |
| Mr Antonio Bordils | United Kingdom | 45 years | Nov 2020 | - | Director |
| Mr Antonio Bordils | United Kingdom | 45 years | Nov 2020 | - | Director |
P&L
December 2022turnover
7.4m
-29%
operating profit
353.3k
0%
gross margin
22.4%
+122.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-4.8m
-0.06%
total assets
1.5m
+0.13%
cash
178.8k
-0.4%
net assets
Total assets minus all liabilities
boluda towage london ltd. company details
company number
09903465
Type
Private limited with Share Capital
industry
52290 - Other transportation support activities
incorporation date
December 2015
age
10
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2022
previous names
kotug harbour towage uk limited (September 2019)
accountant
J W SMITH & AMP CO LTD
auditor
-
address
london gateway logistics centre, 1st floor, stanford-le-hope, essex, SS17 9ER
Bank
-
Legal Advisor
-
boluda towage london 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 found 3 charges/mortgages relating to boluda towage london ltd.. Currently there are 2 open charges and 1 have been satisfied in the past.
boluda towage london 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 BOLUDA TOWAGE LONDON LTD.. This can take several minutes, an email will notify you when this has completed.
boluda towage london ltd. Companies House Filings - See Documents
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