bagthing limited
bagthing limited Company Information
Company Number
10394462
Next Accounts
Dec 2025
Industry
Advertising agencies
Directors
Shareholders
daniel ashcroft
Group Structure
View All
Contact
Registered Address
spectator mill spectator street, manchester, M4 7HS
Website
bagthing.co.ukbagthing limited Estimated Valuation
Pomanda estimates the enterprise value of BAGTHING LIMITED at £196.1k based on a Turnover of £528.8k and 0.37x industry multiple (adjusted for size and gross margin).
bagthing limited Estimated Valuation
Pomanda estimates the enterprise value of BAGTHING LIMITED at £22.1k based on an EBITDA of £10.2k and a 2.17x industry multiple (adjusted for size and gross margin).
bagthing limited Estimated Valuation
Pomanda estimates the enterprise value of BAGTHING LIMITED at £15.3k based on Net Assets of £7.8k and 1.97x industry multiple (adjusted for liquidity).
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Bagthing Limited Overview
Bagthing Limited is a live company located in manchester, M4 7HS with a Companies House number of 10394462. It operates in the advertising agencies sector, SIC Code 73110. Founded in September 2016, it's largest shareholder is daniel ashcroft with a 100% stake. Bagthing Limited is a young, small sized company, Pomanda has estimated its turnover at £528.8k with high growth in recent years.
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Bagthing Limited Health Check
Pomanda's financial health check has awarded Bagthing Limited a 1.5 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 £528.8k, make it smaller than the average company (£7.2m)
- Bagthing Limited
£7.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (8.9%)
- Bagthing Limited
8.9% - Industry AVG
Production
with a gross margin of 19.9%, this company has a higher cost of product (42%)
- Bagthing Limited
42% - Industry AVG
Profitability
an operating margin of 1.9% make it less profitable than the average company (4.8%)
- Bagthing Limited
4.8% - Industry AVG
Employees
with 15 employees, this is below the industry average (34)
15 - Bagthing Limited
34 - Industry AVG
Pay Structure
on an average salary of £60.7k, the company has an equivalent pay structure (£60.7k)
- Bagthing Limited
£60.7k - Industry AVG
Efficiency
resulting in sales per employee of £35.3k, this is less efficient (£176.9k)
- Bagthing Limited
£176.9k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is earlier than average (51 days)
- Bagthing Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (42 days)
- Bagthing Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bagthing Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Bagthing Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.4%, this is a higher level of debt than the average (66.9%)
79.4% - Bagthing Limited
66.9% - Industry AVG
BAGTHING LIMITED financials
Bagthing Limited's latest turnover from March 2024 is estimated at £528.8 thousand and the company has net assets of £7.8 thousand. According to their latest financial statements, Bagthing Limited has 15 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 15 | 22 | 10 | 5 | 12 | 12 | 14 | 16 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,235 | 2,247 | 2,613 | 3,719 | 4,957 | 5,828 | 3,249 | 4,027 |
| 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 | 2,235 | 2,247 | 2,613 | 3,719 | 4,957 | 5,828 | 3,249 | 4,027 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 33,545 | 22,713 | 41,295 | 60,613 | 37,542 | 11,243 | 13,363 | 6,646 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,836 | 1,722 | 0 | 0 | 0 | 0 | 0 | 4,312 |
| Cash | 0 | 0 | 0 | 0 | 0 | 15,886 | 12,943 | 5,676 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 35,381 | 24,435 | 41,295 | 60,613 | 37,542 | 27,129 | 26,306 | 16,634 |
| total assets | 37,616 | 26,682 | 43,908 | 64,332 | 42,499 | 32,957 | 29,555 | 20,661 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 25,963 | 24,557 | 34,111 | 37,522 | 16,838 | 14,524 | 14,458 | 1,719 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,630 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,098 |
| total current liabilities | 25,963 | 24,557 | 34,111 | 37,522 | 16,838 | 14,524 | 14,458 | 19,447 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 3,887 | 1,995 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 350 | 707 | 942 | 0 | 0 | 0 |
| total long term liabilities | 3,887 | 1,995 | 350 | 707 | 942 | 0 | 0 | 0 |
| total liabilities | 29,850 | 26,552 | 34,461 | 38,229 | 17,780 | 14,524 | 14,458 | 19,447 |
| net assets | 7,766 | 130 | 9,447 | 26,103 | 24,719 | 18,433 | 15,097 | 1,214 |
| total shareholders funds | 7,766 | 130 | 9,447 | 26,103 | 24,719 | 18,433 | 15,097 | 1,214 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 1,319 | 88 | ||||||
| Amortisation | 0 | 0 | 0 | |||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 10,946 | -16,860 | -19,318 | 23,071 | 26,299 | -2,120 | 2,405 | 10,958 |
| Creditors | 1,406 | -9,554 | -3,411 | 20,684 | 2,314 | 66 | 12,739 | 1,719 |
| Accruals and Deferred Income | 1,892 | 1,995 | 0 | 0 | 0 | 0 | -3,098 | 3,098 |
| Deferred Taxes & Provisions | 0 | -350 | -357 | -235 | 942 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| 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 | -14,630 | 14,630 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 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 | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | -15,886 | 2,943 | 7,267 | 5,676 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -15,886 | 2,943 | 7,267 | 5,676 |
bagthing limited Credit Report and Business Information
Bagthing Limited Competitor Analysis
Perform a competitor analysis for bagthing limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in M 4 area or any other competitors across 12 key performance metrics.
bagthing limited Ownership
BAGTHING LIMITED group structure
Bagthing Limited has no subsidiary companies.
Ultimate parent company
BAGTHING LIMITED
10394462
bagthing limited directors
Bagthing Limited currently has 1 director, Mr Daniel Ashcroft serving since Sep 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Ashcroft | England | 39 years | Sep 2016 | - | Director |
P&L
March 2024turnover
528.8k
-30%
operating profit
10.2k
0%
gross margin
20%
-13.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
7.8k
+58.74%
total assets
37.6k
+0.41%
cash
0
0%
net assets
Total assets minus all liabilities
bagthing limited company details
company number
10394462
Type
Private limited with Share Capital
industry
73110 - Advertising agencies
incorporation date
September 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
spectator mill spectator street, manchester, M4 7HS
Bank
-
Legal Advisor
-
bagthing 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 bagthing limited.
bagthing limited Companies House Filings - See Documents
| date | description | view/download |
|---|
