bartlet bidco limited
bartlet bidco limited Company Information
Company Number
10831636
Website
-Registered Address
ritchie house, woking business park, albert dri, woking, GU21 5JY
Industry
Manufacture of other electrical equipment
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Directors
Adam Sherry7 Years
Shareholders
gira international gmbh 100%
bartlet bidco limited Estimated Valuation
Pomanda estimates the enterprise value of BARTLET BIDCO LIMITED at £15.6m based on a Turnover of £15.5m and 1.01x industry multiple (adjusted for size and gross margin).
bartlet bidco limited Estimated Valuation
Pomanda estimates the enterprise value of BARTLET BIDCO LIMITED at £3.8m based on an EBITDA of £509.2k and a 7.53x industry multiple (adjusted for size and gross margin).
bartlet bidco limited Estimated Valuation
Pomanda estimates the enterprise value of BARTLET BIDCO LIMITED at £14.6m based on Net Assets of £7.1m and 2.05x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Bartlet Bidco Limited Overview
Bartlet Bidco Limited is a live company located in woking, GU21 5JY with a Companies House number of 10831636. It operates in the manufacture of other electrical equipment sector, SIC Code 27900. Founded in June 2017, it's largest shareholder is gira international gmbh with a 100% stake. Bartlet Bidco Limited is a young, mid sized company, Pomanda has estimated its turnover at £15.5m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Bartlet Bidco Limited Health Check
Pomanda's financial health check has awarded Bartlet Bidco Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
6 Regular
4 Weak
Size
annual sales of £15.5m, make it in line with the average company (£13.5m)
£15.5m - Bartlet Bidco Limited
£13.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (6.4%)
8% - Bartlet Bidco Limited
6.4% - Industry AVG
Production
with a gross margin of 40.1%, this company has a comparable cost of product (35%)
40.1% - Bartlet Bidco Limited
35% - Industry AVG
Profitability
an operating margin of 2.7% make it less profitable than the average company (6.4%)
2.7% - Bartlet Bidco Limited
6.4% - Industry AVG
Employees
with 124 employees, this is above the industry average (80)
124 - Bartlet Bidco Limited
80 - Industry AVG
Pay Structure
on an average salary of £54.8k, the company has an equivalent pay structure (£51.3k)
£54.8k - Bartlet Bidco Limited
£51.3k - Industry AVG
Efficiency
resulting in sales per employee of £125.4k, this is less efficient (£185.5k)
£125.4k - Bartlet Bidco Limited
£185.5k - Industry AVG
Debtor Days
it gets paid by customers after 85 days, this is later than average (61 days)
85 days - Bartlet Bidco Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is close to average (41 days)
42 days - Bartlet Bidco Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 186 days, this is more than average (113 days)
186 days - Bartlet Bidco Limited
113 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is average cash available to meet short term requirements (14 weeks)
14 weeks - Bartlet Bidco Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.1%, this is a lower level of debt than the average (42.6%)
31.1% - Bartlet Bidco Limited
42.6% - Industry AVG
BARTLET BIDCO LIMITED financials
Bartlet Bidco Limited's latest turnover from December 2023 is £15.5 million and the company has net assets of £7.1 million. According to their latest financial statements, Bartlet Bidco Limited has 124 employees and maintains cash reserves of £840.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Turnover | 15,549,382 | 11,687,933 | 15,014,945 | 11,552,467 | 12,493,094 | 10,219,777 | 4,415,966 |
| Other Income Or Grants | 0 | 0 | |||||
| Cost Of Sales | 9,314,758 | 6,789,299 | |||||
| Gross Profit | 6,234,624 | 4,898,634 | |||||
| Admin Expenses | 5,821,660 | 4,285,557 | |||||
| Operating Profit | 412,964 | 613,077 | 1,128,724 | 1,007,142 | 654,944 | ||
| Interest Payable | 18,061 | 18,363 | 6,578 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 394,903 | 594,714 | 1,122,146 | 832,961 | 654,944 | 368,178 | -62,665 |
| Tax | -99,549 | -107,000 | -28,456 | -192,233 | 352,639 | 0 | 0 |
| Profit After Tax | 295,354 | 487,714 | 1,093,690 | 640,728 | 1,007,583 | 368,178 | -62,665 |
| Dividends Paid | 0 | 0 | 398,000 | 0 | 180,000 | 147,200 | 0 |
| Retained Profit | 295,354 | 487,714 | 695,690 | 640,728 | 827,583 | 220,978 | -62,665 |
| Employee Costs | 6,800,432 | 5,125,064 | 5,338,120 | 4,449,234 | 4,803,453 | 4,470,602 | 1,984,885 |
| Number Of Employees | 124 | 128 | 112 | 106 | 108 | 108 | 1,102 |
| EBITDA* | 509,181 | 733,811 | 1,302,846 | 1,163,386 | 824,357 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 185,004 | 188,649 | 206,474 | 317,475 | 420,218 | 552,906 | 575,175 |
| Intangible Assets | 18,493 | 0 | 19,142 | 36,668 | 54,886 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 25,858 | 50,010 | 50,010 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 203,497 | 188,649 | 225,616 | 354,143 | 475,104 | 552,906 | 575,175 |
| Stock & work in progress | 4,755,550 | 4,961,927 | 4,823,666 | 3,602,627 | 3,639,694 | 3,774,684 | 3,037,818 |
| Trade Debtors | 3,641,486 | 3,764,734 | 2,835,105 | 2,219,641 | 2,218,323 | 1,447,327 | 1,677,937 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 902,385 | 809,592 | 1,006,055 | 927,810 | 1,306,026 | 733,927 | 619,641 |
| Cash | 840,844 | 486,297 | 976,668 | 1,912,657 | 504,894 | 60,000 | 316,453 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,140,265 | 10,022,550 | 9,641,494 | 8,662,735 | 7,668,937 | 6,015,938 | 5,651,849 |
| total assets | 10,343,762 | 10,211,199 | 9,867,110 | 9,016,878 | 8,144,041 | 6,568,844 | 6,227,024 |
| Bank overdraft | 984 | 984 | 0 | 0 | 584,685 | 225,658 | 93,461 |
| Bank loan | 100,000 | 100,000 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,091,690 | 704,376 | 1,031,387 | 804,198 | 1,120,765 | 1,566,667 | 1,311,207 |
| Group/Directors Accounts | 74,229 | 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 | 1,753,159 | 2,285,826 | 2,128,424 | 2,109,405 | 1,384,377 | 1,074,524 | 1,341,339 |
| total current liabilities | 3,020,062 | 3,091,186 | 3,159,811 | 2,913,603 | 3,089,827 | 2,866,849 | 2,746,007 |
| loans | 150,000 | 241,667 | 633,334 | 816,666 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 |
| provisions | 50,000 | 50,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 |
| total long term liabilities | 200,000 | 291,667 | 366,667 | 458,333 | 50,000 | 50,000 | 50,000 |
| total liabilities | 3,220,062 | 3,382,853 | 3,526,478 | 3,371,936 | 3,139,827 | 2,916,849 | 2,796,007 |
| net assets | 7,123,700 | 6,828,346 | 6,340,632 | 5,644,942 | 5,004,214 | 3,651,995 | 3,431,017 |
| total shareholders funds | 7,123,700 | 6,828,346 | 6,340,632 | 5,644,942 | 5,004,214 | 3,651,995 | 3,431,017 |
| Dec 2023 | Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 412,964 | 613,077 | 1,128,724 | 1,007,142 | 654,944 | ||
| Depreciation | 96,217 | 120,734 | 155,371 | 156,244 | 169,413 | 175,330 | 65,255 |
| Amortisation | 0 | 0 | 18,751 | 0 | 0 | 0 | 0 |
| Tax | -99,549 | -107,000 | -28,456 | -192,233 | 352,639 | 0 | 0 |
| Stock | -206,377 | 1,359,300 | 1,221,039 | -37,067 | -134,990 | 736,866 | 3,037,818 |
| Debtors | -30,455 | 1,426,875 | 693,709 | -376,898 | 1,343,095 | -116,324 | 2,297,578 |
| Creditors | 387,314 | -99,822 | 227,189 | -316,567 | -445,902 | 255,460 | 1,311,207 |
| Accruals and Deferred Income | -532,667 | 176,421 | 19,019 | 725,028 | 309,853 | -266,815 | 1,341,339 |
| Deferred Taxes & Provisions | 0 | -50,000 | 0 | 0 | 0 | 0 | 100,000 |
| Cash flow from operations | 501,111 | -2,132,765 | -394,150 | 1,793,579 | -167,158 | ||
| Investing Activities | |||||||
| capital expenditure | 0 | 0 | |||||
| Change in Investments | 0 | -25,858 | -25,858 | -24,152 | 0 | 50,010 | 0 |
| cash flow from investments | 0 | 25,858 | |||||
| Financing Activities | |||||||
| Bank loans | 0 | 100,000 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 74,229 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -91,667 | -574,999 | -183,332 | 816,666 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -18,061 | -18,363 | -6,578 | 0 | 0 | 0 | 0 |
| cash flow from financing | -35,499 | 202,328 | -189,910 | 816,666 | 524,636 | 0 | 3,493,682 |
| cash and cash equivalents | |||||||
| cash | 354,547 | -1,426,360 | -935,989 | 1,407,763 | 444,894 | -256,453 | 316,453 |
| overdraft | 0 | 984 | 0 | -584,685 | 359,027 | 132,197 | 93,461 |
| change in cash | 354,547 | -1,427,344 | -935,989 | 1,992,448 | 85,867 | -388,650 | 222,992 |
bartlet bidco limited Credit Report and Business Information
Bartlet Bidco Limited Competitor Analysis
Perform a competitor analysis for bartlet bidco limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in GU21 area or any other competitors across 12 key performance metrics.
bartlet bidco limited Ownership
BARTLET BIDCO LIMITED group structure
Bartlet Bidco Limited has 2 subsidiary companies.
Ultimate parent company
GIRA INTERNATIONAL GMBH
#0144098
1 parent
BARTLET BIDCO LIMITED
10831636
2 subsidiaries
bartlet bidco limited directors
Bartlet Bidco Limited currently has 1 director, Mr Adam Sherry serving since Jun 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Sherry | England | 52 years | Jun 2017 | - | Director |
P&L
December 2023turnover
15.5m
+33%
operating profit
413k
-33%
gross margin
40.1%
-4.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
7.1m
+0.04%
total assets
10.3m
+0.01%
cash
840.8k
+0.73%
net assets
Total assets minus all liabilities
Similar Companies
bartlet bidco limited company details
company number
10831636
Type
Private limited with Share Capital
industry
27900 - Manufacture of other electrical equipment
incorporation date
June 2017
age
7
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BUZZACOTT LLP
address
ritchie house, woking business park, albert dri, woking, GU21 5JY
Bank
-
Legal Advisor
-
bartlet bidco 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 bartlet bidco limited.
bartlet bidco limited Companies House Filings - See Documents
| date | description | view/download |
|---|
