broste rivers limited
broste rivers limited Company Information
Company Number
09988660
Website
https://www.welhat.gov.ukRegistered Address
welwyn hatfield borough council, the campus, welwyn garden city, AL8 6AE
Industry
Construction of domestic buildings
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
dacorum borough council 12.5%
stevenage borough council 12.5%
View Allbroste rivers limited Estimated Valuation
Pomanda estimates the enterprise value of BROSTE RIVERS LIMITED at £2.6m based on a Turnover of £5.1m and 0.52x industry multiple (adjusted for size and gross margin).
broste rivers limited Estimated Valuation
Pomanda estimates the enterprise value of BROSTE RIVERS LIMITED at £827.2k based on an EBITDA of £171.9k and a 4.81x industry multiple (adjusted for size and gross margin).
broste rivers limited Estimated Valuation
Pomanda estimates the enterprise value of BROSTE RIVERS LIMITED at £723.6k based on Net Assets of £413.4k and 1.75x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Broste Rivers Limited Overview
Broste Rivers Limited is a live company located in welwyn garden city, AL8 6AE with a Companies House number of 09988660. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in February 2016, it's largest shareholder is dacorum borough council with a 12.5% stake. Broste Rivers Limited is a young, mid sized company, Pomanda has estimated its turnover at £5.1m with healthy growth in recent years.
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Broste Rivers Limited Health Check
Pomanda's financial health check has awarded Broste Rivers Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £5.1m, make it in line with the average company (£4.6m)
£5.1m - Broste Rivers Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (5.5%)
6% - Broste Rivers Limited
5.5% - Industry AVG
Production
with a gross margin of 32%, this company has a lower cost of product (21.1%)
32% - Broste Rivers Limited
21.1% - Industry AVG
Profitability
an operating margin of 1.6% make it less profitable than the average company (4%)
1.6% - Broste Rivers Limited
4% - Industry AVG
Employees
with 87 employees, this is above the industry average (22)
87 - Broste Rivers Limited
22 - Industry AVG
Pay Structure
on an average salary of £44.6k, the company has an equivalent pay structure (£44.1k)
£44.6k - Broste Rivers Limited
£44.1k - Industry AVG
Efficiency
resulting in sales per employee of £58.3k, this is less efficient (£199.8k)
£58.3k - Broste Rivers Limited
£199.8k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (37 days)
14 days - Broste Rivers Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (33 days)
14 days - Broste Rivers Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Broste Rivers Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 53 weeks, this is more cash available to meet short term requirements (33 weeks)
53 weeks - Broste Rivers Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.3%, this is a higher level of debt than the average (64.1%)
86.3% - Broste Rivers Limited
64.1% - Industry AVG
BROSTE RIVERS LIMITED financials
Broste Rivers Limited's latest turnover from March 2023 is £5.1 million and the company has net assets of £413.4 thousand. According to their latest financial statements, Broste Rivers Limited has 87 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 5,070,353 | 4,858,369 | 4,211,231 | ||||
| Other Income Or Grants | 0 | 0 | 0 | ||||
| Cost Of Sales | 3,446,626 | 2,916,775 | 2,504,384 | ||||
| Gross Profit | 1,623,727 | 1,941,594 | 1,706,847 | ||||
| Admin Expenses | 1,543,345 | 1,673,492 | 1,724,594 | ||||
| Operating Profit | 80,382 | 268,102 | -17,747 | ||||
| Interest Payable | 92,001 | 99,241 | 87,673 | 29,964 | 34,436 | ||
| Interest Receivable | 40 | 1 | 0 | ||||
| Pre-Tax Profit | -11,705 | 168,862 | -105,420 | ||||
| Tax | 0 | 0 | 0 | ||||
| Profit After Tax | -11,705 | 168,862 | -105,420 | ||||
| Dividends Paid | 0 | 0 | 0 | ||||
| Retained Profit | -11,705 | 168,862 | -105,420 | ||||
| Employee Costs | 3,876,917 | 3,651,378 | 3,264,282 | 2,517,052 | 2,158,563 | 1,631,016 | |
| Number Of Employees | 87 | 83 | 79 | 67 | 58 | 52 | |
| EBITDA* | 171,933 | 351,084 | 29,813 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 120,095 | 130,611 | 57,665 | 64,860 | 69,975 | 88,992 | 58,563 |
| Intangible Assets | 154,171 | 134,679 | 70,266 | 56,206 | 80,011 | 93,079 | 92,416 |
| Investments & Other | 286,092 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 47,500 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 607,858 | 265,290 | 127,931 | 121,066 | 149,986 | 182,071 | 150,979 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 202,685 | 275,645 | 343,077 | 654,234 | 706,114 | 648,809 | 1,248,230 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 393,516 | 412,475 | 163,326 | 110,139 | 201,808 | 48,374 | 30,090 |
| Cash | 1,815,135 | 1,750,386 | 1,479,289 | 641,946 | 399,382 | 989,261 | 976,730 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,411,336 | 2,438,506 | 1,985,692 | 1,406,319 | 1,307,304 | 1,686,444 | 2,255,050 |
| total assets | 3,019,194 | 2,703,796 | 2,113,623 | 1,527,385 | 1,457,290 | 1,868,515 | 2,406,029 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 137,425 | 132,439 | 82,259 | 31,237 | 52,464 | 345,471 | 190,345 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,612,376 | 1,762,352 | 1,714,221 | 1,278,884 | 1,651,143 | 1,821,668 | 1,830,541 |
| total current liabilities | 1,749,801 | 1,894,791 | 1,796,480 | 1,310,121 | 1,703,607 | 2,167,139 | 2,020,886 |
| loans | 856,000 | 856,000 | 856,000 | 856,000 | 0 | 0 | 749,000 |
| 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 | 749,000 | 749,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 856,000 | 2,923,907 | 3,889,907 | 2,135,000 | 749,000 | 749,000 | 749,000 |
| total liabilities | 2,605,801 | 4,818,698 | 5,686,387 | 3,445,121 | 2,452,607 | 2,916,139 | 2,769,886 |
| net assets | 413,393 | -2,114,902 | -3,572,764 | -1,917,736 | -995,317 | -1,047,624 | -363,857 |
| total shareholders funds | 413,393 | -2,114,902 | -3,572,764 | -1,917,736 | -995,317 | -1,047,624 | -363,857 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 80,382 | 268,102 | -17,747 | ||||
| Depreciation | 50,087 | 40,034 | 23,755 | 23,026 | 15,310 | 0 | |
| Amortisation | 41,464 | 42,948 | 23,805 | 22,660 | 20,067 | 0 | |
| Tax | 0 | 0 | 0 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -44,419 | 181,717 | -257,970 | -143,549 | 210,739 | -581,137 | 1,278,320 |
| Creditors | 4,986 | 50,180 | 51,022 | -21,227 | -293,007 | 155,126 | 190,345 |
| Accruals and Deferred Income | -149,976 | 48,131 | 435,337 | -372,259 | -170,525 | -8,873 | 1,830,541 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 71,362 | 267,678 | -220,124 | ||||
| Investing Activities | |||||||
| capital expenditure | 0 | 0 | 0 | ||||
| Change in Investments | 286,092 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -286,092 | 0 | 0 | ||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 856,000 | 0 | -749,000 | 749,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -749,000 | 0 | 749,000 | 0 |
| share issue | |||||||
| interest | -91,961 | -99,240 | -87,673 | ||||
| cash flow from financing | 2,448,039 | 1,189,760 | -797,672 | ||||
| cash and cash equivalents | |||||||
| cash | 64,749 | 271,097 | 837,343 | 242,564 | -589,879 | 12,531 | 976,730 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 64,749 | 271,097 | 837,343 | 242,564 | -589,879 | 12,531 | 976,730 |
broste rivers limited Credit Report and Business Information
Broste Rivers Limited Competitor Analysis
Perform a competitor analysis for broste rivers limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
broste rivers limited Ownership
BROSTE RIVERS LIMITED group structure
Broste Rivers Limited has 4 subsidiary companies.
Ultimate parent company
BROSTE RIVERS LIMITED
09988660
4 subsidiaries
broste rivers limited directors
Broste Rivers Limited currently has 8 directors. The longest serving directors include Mr Zayd Al-Jawad (Feb 2016) and Mr Steven Crowley (Jun 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Zayd Al-Jawad | United Kingdom | 47 years | Feb 2016 | - | Director |
| Mr Steven Crowley | England | 49 years | Jun 2018 | - | Director |
| Mr Matthew Bunyon | England | 55 years | Nov 2018 | - | Director |
| Mr Douglas Cooper | England | 64 years | Nov 2021 | - | Director |
| Mr James Doe | England | 59 years | Dec 2021 | - | Director |
| Ms Sara Saunders | England | 44 years | Jan 2023 | - | Director |
| Mr Christopher Carter | United Kingdom | 41 years | Apr 2023 | - | Director |
| Ms Alison Scott | England | 56 years | Nov 2023 | - | Director |
P&L
March 2023turnover
5.1m
+4%
operating profit
80.4k
-70%
gross margin
32.1%
-19.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
413.4k
-1.2%
total assets
3m
+0.12%
cash
1.8m
+0.04%
net assets
Total assets minus all liabilities
broste rivers limited company details
company number
09988660
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
41201 - Construction of commercial buildings
incorporation date
February 2016
age
8
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
welwyn hatfield borough council, the campus, welwyn garden city, AL8 6AE
last accounts submitted
March 2023
broste rivers 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 broste rivers limited.
broste rivers limited Companies House Filings - See Documents
| date | description | view/download |
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