bondgate projects ltd
bondgate projects ltd Company Information
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
valley house seventh avenue, team valley trading estate, gateshead, NE11 0JW
Website
-bondgate projects ltd Estimated Valuation
Pomanda estimates the enterprise value of BONDGATE PROJECTS LTD at £1m based on a Turnover of £339.4k and 3x industry multiple (adjusted for size and gross margin).
bondgate projects ltd Estimated Valuation
Pomanda estimates the enterprise value of BONDGATE PROJECTS LTD at £0 based on an EBITDA of £-199.3k and a 6.36x industry multiple (adjusted for size and gross margin).
bondgate projects ltd Estimated Valuation
Pomanda estimates the enterprise value of BONDGATE PROJECTS LTD at £0 based on Net Assets of £-2.5m and 1.6x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Bondgate Projects Ltd Overview
Bondgate Projects Ltd is a live company located in gateshead, NE11 0JW with a Companies House number of 10769812. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in May 2017, it's largest shareholder is derek kewley with a 100% stake. Bondgate Projects Ltd is a young, micro sized company, Pomanda has estimated its turnover at £339.4k with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Bondgate Projects Ltd Health Check
Pomanda's financial health check has awarded Bondgate Projects Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £339.4k, make it smaller than the average company (£850k)
- Bondgate Projects Ltd
£850k - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (2.6%)
- Bondgate Projects Ltd
2.6% - Industry AVG
Production
with a gross margin of 68.9%, this company has a comparable cost of product (68.9%)
- Bondgate Projects Ltd
68.9% - Industry AVG
Profitability
an operating margin of -58.7% make it less profitable than the average company (25.7%)
- Bondgate Projects Ltd
25.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Bondgate Projects Ltd
4 - Industry AVG
Pay Structure
on an average salary of £34.8k, the company has an equivalent pay structure (£34.8k)
- Bondgate Projects Ltd
£34.8k - Industry AVG
Efficiency
resulting in sales per employee of £339.4k, this is more efficient (£186.1k)
- Bondgate Projects Ltd
£186.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Bondgate Projects Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 450 days, this is slower than average (32 days)
- Bondgate Projects Ltd
32 days - Industry AVG
Stock Days
it holds stock equivalent to 4702 days, this is more than average (386 days)
- Bondgate Projects Ltd
386 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Bondgate Projects Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 212.8%, this is a higher level of debt than the average (64.3%)
212.8% - Bondgate Projects Ltd
64.3% - Industry AVG
BONDGATE PROJECTS LTD financials
Bondgate Projects Ltd's latest turnover from August 2023 is estimated at £339.4 thousand and the company has net assets of -£2.5 million. According to their latest financial statements, Bondgate Projects Ltd has 1 employee and maintains cash reserves of £19.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 3 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 833 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 641,937 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 642,770 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 1,360,000 | 3,525,000 | 3,999,426 | 3,350,121 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 4,667 | 1,449,651 | 24,273 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 195,589 | 23,714 | 7,592 | 0 | 0 | 0 |
| Cash | 19,672 | 7,023 | 2,001 | 25,731 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,575,261 | 3,555,737 | 4,009,019 | 3,380,519 | 1,449,651 | 24,273 |
| total assets | 2,218,031 | 3,555,737 | 4,009,019 | 3,380,519 | 1,449,651 | 24,273 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 10,000 | 11,212 | 0 | 0 | 0 |
| Trade Creditors | 130,305 | 124,496 | 5,449 | 696 | 1,469,618 | 24,000 |
| Group/Directors Accounts | 0 | 0 | 3,586,705 | 2,390,022 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,979,479 | 4,085,302 | 120,545 | 55,450 | 0 | 0 |
| total current liabilities | 4,109,784 | 4,219,798 | 3,723,911 | 2,446,168 | 1,469,618 | 24,000 |
| loans | 609,421 | 1,518,287 | 413,428 | 1,008,382 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 1,200 | 300 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 609,421 | 1,518,287 | 413,428 | 1,008,382 | 1,200 | 300 |
| total liabilities | 4,719,205 | 5,738,085 | 4,137,339 | 3,454,550 | 1,470,818 | 24,300 |
| net assets | -2,501,174 | -2,182,348 | -128,320 | -74,031 | -21,167 | -27 |
| total shareholders funds | -2,501,174 | -2,182,348 | -128,320 | -74,031 | -21,167 | -27 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | -2,165,000 | -474,426 | 649,305 | 3,350,121 | 0 | 0 |
| Debtors | 813,812 | 16,122 | 2,925 | -1,444,984 | 1,425,378 | 24,273 |
| Creditors | 5,809 | 119,047 | 4,753 | -1,468,922 | 1,445,618 | 24,000 |
| Accruals and Deferred Income | -105,823 | 3,964,757 | 65,095 | 54,250 | 900 | 300 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | -10,000 | -1,212 | 11,212 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -3,586,705 | 1,196,683 | 2,390,022 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -908,866 | 1,104,859 | -594,954 | 1,008,382 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 12,649 | 5,022 | -23,730 | 25,731 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 12,649 | 5,022 | -23,730 | 25,731 | 0 | 0 |
bondgate projects ltd Credit Report and Business Information
Bondgate Projects Ltd Competitor Analysis
Perform a competitor analysis for bondgate projects ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NE11 area or any other competitors across 12 key performance metrics.
bondgate projects ltd Ownership
BONDGATE PROJECTS LTD group structure
Bondgate Projects Ltd has 1 subsidiary company.
Ultimate parent company
BONDGATE PROJECTS LTD
10769812
1 subsidiary
bondgate projects ltd directors
Bondgate Projects Ltd currently has 1 director, Mr Derek Kewley serving since Sep 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Derek Kewley | United Kingdom | 51 years | Sep 2021 | - | Director |
P&L
August 2023turnover
339.4k
-28%
operating profit
-199.3k
0%
gross margin
68.9%
+3.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-2.5m
+0.15%
total assets
2.2m
-0.38%
cash
19.7k
+1.8%
net assets
Total assets minus all liabilities
bondgate projects ltd company details
company number
10769812
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
May 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
valley house seventh avenue, team valley trading estate, gateshead, NE11 0JW
Bank
-
Legal Advisor
-
bondgate projects 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 6 charges/mortgages relating to bondgate projects ltd. Currently there are 4 open charges and 2 have been satisfied in the past.
bondgate projects 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 BONDGATE PROJECTS LTD. This can take several minutes, an email will notify you when this has completed.
bondgate projects ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
