bay 24 limited
bay 24 limited Company Information
Company Number
10222580
Next Accounts
Mar 2025
Shareholders
gary munro
michael william lake
Group Structure
View All
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Registered Address
73 clophill road, maulden, bedford, MK45 2AD
Website
-bay 24 limited Estimated Valuation
Pomanda estimates the enterprise value of BAY 24 LIMITED at £3 based on a Turnover of £7 and 0.51x industry multiple (adjusted for size and gross margin).
bay 24 limited Estimated Valuation
Pomanda estimates the enterprise value of BAY 24 LIMITED at £4 based on an EBITDA of £1 and a 3.4x industry multiple (adjusted for size and gross margin).
bay 24 limited Estimated Valuation
Pomanda estimates the enterprise value of BAY 24 LIMITED at £4 based on Net Assets of £2 and 2.35x industry multiple (adjusted for liquidity).
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Bay 24 Limited Overview
Bay 24 Limited is a live company located in bedford, MK45 2AD with a Companies House number of 10222580. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in June 2016, it's largest shareholder is gary munro with a 50% stake. Bay 24 Limited is a young, micro sized company, Pomanda has estimated its turnover at £7.3 with high growth in recent years.
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Bay 24 Limited Health Check
Pomanda's financial health check has awarded Bay 24 Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
5 Weak
Size
annual sales of £7.3, make it smaller than the average company (£1.8m)
- Bay 24 Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (5.7%)
- Bay 24 Limited
5.7% - Industry AVG
Production
with a gross margin of 24.3%, this company has a higher cost of product (44.9%)
- Bay 24 Limited
44.9% - Industry AVG
Profitability
an operating margin of 18.2% make it more profitable than the average company (6%)
- Bay 24 Limited
6% - Industry AVG
Employees
with 1 employees, this is below the industry average (17)
- Bay 24 Limited
17 - Industry AVG
Pay Structure
on an average salary of £49.6k, the company has an equivalent pay structure (£49.6k)
- Bay 24 Limited
£49.6k - Industry AVG
Efficiency
resulting in sales per employee of £7.3, this is less efficient (£117.7k)
- Bay 24 Limited
£117.7k - Industry AVG
Debtor Days
it gets paid by customers after 99 days, this is later than average (57 days)
- Bay 24 Limited
57 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Bay 24 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bay 24 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Bay 24 Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Bay 24 Limited
- - Industry AVG
BAY 24 LIMITED financials
Bay 24 Limited's latest turnover from June 2023 is estimated at £7 and the company has net assets of £2. According to their latest financial statements, we estimate that Bay 24 Limited 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 | |
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| Employee Costs | |||||||
| Number Of Employees | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||
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| Stock & work in progress | |||||||
| Trade Debtors | 2 | 1 | 1 | 1 | 1 | ||
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| Misc Debtors | |||||||
| Cash | |||||||
| misc current assets | |||||||
| total current assets | 2 | 1 | 1 | 1 | 1 | ||
| total assets | 2 | 1 | 1 | 1 | 1 | ||
| Bank overdraft | |||||||
| Bank loan | |||||||
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| other short term finances | |||||||
| hp & lease commitments | |||||||
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| provisions | |||||||
| total long term liabilities | |||||||
| total liabilities | |||||||
| net assets | 2 | 1 | 1 | 1 | 1 | ||
| total shareholders funds | 2 | 1 | 1 | 1 | 1 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
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| Tax | |||||||
| Stock | |||||||
| Debtors | 1 | 1 | |||||
| Creditors | |||||||
| Accruals and Deferred Income | |||||||
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| 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 | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | |||||||
| overdraft | |||||||
| change in cash |
bay 24 limited Credit Report and Business Information
Bay 24 Limited Competitor Analysis
Perform a competitor analysis for bay 24 limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in MK45 area or any other competitors across 12 key performance metrics.
bay 24 limited Ownership
BAY 24 LIMITED group structure
Bay 24 Limited has no subsidiary companies.
Ultimate parent company
BAY 24 LIMITED
10222580
bay 24 limited directors
Bay 24 Limited currently has 2 directors. The longest serving directors include Mr Michael Lake (Jun 2016) and Mr Gary Munro (Mar 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Lake | England | 55 years | Jun 2016 | - | Director |
| Mr Gary Munro | England | 32 years | Mar 2023 | - | Director |
P&L
June 2023turnover
7.3
+111%
operating profit
1.3
0%
gross margin
24.3%
+4.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
2
+1%
total assets
2
+1%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
bay 24 limited company details
company number
10222580
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
June 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
quantum land planning (milton keynes) ltd (March 2023)
quantum land planning ltd (September 2016)
accountant
-
auditor
-
address
73 clophill road, maulden, bedford, MK45 2AD
Bank
-
Legal Advisor
-
bay 24 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 bay 24 limited.
bay 24 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.
Click to start generating capital raising & share issue transactions for BAY 24 LIMITED. This can take several minutes, an email will notify you when this has completed.
bay 24 limited Companies House Filings - See Documents
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