bonded warehouse limited
bonded warehouse limited Company Information
Company Number
10508436
Next Accounts
Feb 2025
Directors
Shareholders
michael colin phillips
fat hippo group limited
Group Structure
View All
Industry
Event catering activities
+1Registered Address
fat hippo head office, unit 18, st. peters wharf, newcastle upon tyne, NE6 1TW
Website
www.atlantabonded.combonded warehouse limited Estimated Valuation
Pomanda estimates the enterprise value of BONDED WAREHOUSE LIMITED at £124.4k based on a Turnover of £215.7k and 0.58x industry multiple (adjusted for size and gross margin).
bonded warehouse limited Estimated Valuation
Pomanda estimates the enterprise value of BONDED WAREHOUSE LIMITED at £0 based on an EBITDA of £-37.9k and a 4x industry multiple (adjusted for size and gross margin).
bonded warehouse limited Estimated Valuation
Pomanda estimates the enterprise value of BONDED WAREHOUSE LIMITED at £0 based on Net Assets of £-463.1k and 2.66x industry multiple (adjusted for liquidity).
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Bonded Warehouse Limited Overview
Bonded Warehouse Limited is a dissolved company that was located in newcastle upon tyne, NE6 1TW with a Companies House number of 10508436. It operated in the event catering activities sector, SIC Code 56210. Founded in December 2016, it's largest shareholder was michael colin phillips with a 80% stake. The last turnover for Bonded Warehouse Limited was estimated at £215.7k.
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Bonded Warehouse Limited Health Check
Pomanda's financial health check has awarded Bonded Warehouse Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £215.7k, make it smaller than the average company (£573.1k)
- Bonded Warehouse Limited
£573.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (0.4%)
- Bonded Warehouse Limited
0.4% - Industry AVG
Production
with a gross margin of 48.7%, this company has a comparable cost of product (48.7%)
- Bonded Warehouse Limited
48.7% - Industry AVG
Profitability
an operating margin of -40.1% make it less profitable than the average company (3.2%)
- Bonded Warehouse Limited
3.2% - Industry AVG
Employees
with 8 employees, this is below the industry average (15)
8 - Bonded Warehouse Limited
15 - Industry AVG
Pay Structure
on an average salary of £15.6k, the company has an equivalent pay structure (£15.6k)
- Bonded Warehouse Limited
£15.6k - Industry AVG
Efficiency
resulting in sales per employee of £27k, this is less efficient (£44.1k)
- Bonded Warehouse Limited
£44.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Bonded Warehouse Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is slower than average (37 days)
- Bonded Warehouse Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bonded Warehouse Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Bonded Warehouse Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 410.8%, this is a higher level of debt than the average (81.8%)
410.8% - Bonded Warehouse Limited
81.8% - Industry AVG
BONDED WAREHOUSE LIMITED financials
Bonded Warehouse Limited's latest turnover from July 2020 is estimated at £215.7 thousand and the company has net assets of -£463.1 thousand. According to their latest financial statements, Bonded Warehouse Limited has 8 employees and maintains cash reserves of £8.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2020 | Jul 2019 | Jul 2018 | Jan 2018 | Jan 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 | 8 | 13 | 15 | 3 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2020 | Jul 2019 | Jul 2018 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|
| Tangible Assets | 117,287 | 162,645 | 187,098 | 201,262 | 1,967 |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 117,287 | 162,645 | 187,098 | 201,262 | 1,967 |
| Stock & work in progress | 15,000 | 15,000 | 15,000 | ||
| Trade Debtors | 2,581 | ||||
| Group Debtors | |||||
| Misc Debtors | 23,170 | 43,335 | 27,623 | 39,721 | |
| Cash | 8,561 | 4,734 | 1,151 | 1,405 | |
| misc current assets | |||||
| total current assets | 31,731 | 63,069 | 43,774 | 56,126 | 2,581 |
| total assets | 149,018 | 225,714 | 230,872 | 257,388 | 4,548 |
| Bank overdraft | 1,568 | 6,104 | 7,164 | 1,970 | |
| Bank loan | |||||
| Trade Creditors | 13,025 | 23,002 | 44,721 | 80,676 | 20,659 |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 549,109 | 571,440 | 377,440 | 249,828 | |
| total current liabilities | 563,702 | 600,546 | 429,325 | 332,474 | 20,659 |
| loans | 48,432 | ||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | 48,432 | ||||
| total liabilities | 612,134 | 600,546 | 429,325 | 332,474 | 20,659 |
| net assets | -463,116 | -374,832 | -198,453 | -75,086 | -16,111 |
| total shareholders funds | -463,116 | -374,832 | -198,453 | -75,086 | -16,111 |
| Jul 2020 | Jul 2019 | Jul 2018 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 48,708 | 47,122 | 21,462 | ||
| Amortisation | |||||
| Tax | |||||
| Stock | -15,000 | 15,000 | 15,000 | ||
| Debtors | -20,165 | 15,712 | 25,042 | 37,140 | 2,581 |
| Creditors | -9,977 | -21,719 | 24,062 | 60,017 | 20,659 |
| Accruals and Deferred Income | -22,331 | 194,000 | 377,440 | 249,828 | |
| 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 | 48,432 | ||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 3,827 | 3,583 | 1,151 | 1,405 | |
| overdraft | -4,536 | -1,060 | 7,164 | 1,970 | |
| change in cash | 8,363 | 4,643 | -6,013 | -565 |
bonded warehouse limited Credit Report and Business Information
Bonded Warehouse Limited Competitor Analysis
Perform a competitor analysis for bonded warehouse limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in NE6 area or any other competitors across 12 key performance metrics.
bonded warehouse limited Ownership
BONDED WAREHOUSE LIMITED group structure
Bonded Warehouse Limited has no subsidiary companies.
Ultimate parent company
BONDED WAREHOUSE LIMITED
10508436
bonded warehouse limited directors
Bonded Warehouse Limited currently has 1 director, Mr Michael Phillips serving since Dec 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Phillips | England | 39 years | Dec 2016 | - | Director |
P&L
July 2020turnover
215.7k
-40%
operating profit
-86.6k
0%
gross margin
48.8%
-2.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2020net assets
-463.1k
+0.24%
total assets
149k
-0.34%
cash
8.6k
+0.81%
net assets
Total assets minus all liabilities
bonded warehouse limited company details
company number
10508436
Type
Private limited with Share Capital
industry
56210 - Event catering activities
56302 - Public houses and bars
incorporation date
December 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2020
previous names
N/A
accountant
-
auditor
-
address
fat hippo head office, unit 18, st. peters wharf, newcastle upon tyne, NE6 1TW
Bank
-
Legal Advisor
-
bonded warehouse 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 bonded warehouse limited.
bonded warehouse 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 BONDED WAREHOUSE LIMITED. This can take several minutes, an email will notify you when this has completed.
bonded warehouse limited Companies House Filings - See Documents
| date | description | view/download |
|---|
