Pomanda estimates the enterprise value of BANIDEV LIMITED at £182.4k based on a Turnover of £379k and 0.48x industry multiple (adjusted for size and gross margin).
banidev limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of BANIDEV LIMITED at £0 based on an EBITDA of £-9.4k and a 3.8x industry multiple (adjusted for size and gross margin).
banidev limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of BANIDEV LIMITED at £0 based on Net Assets of £-56k and 1.41x industry multiple (adjusted for liquidity).
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Banidev LimitedOverview
Banidev Limited is a live company located in manchester, M1 1EZ with a Companies House number of 10838525. It operates in the development of building projects sector, SIC Code 41100. Founded in June 2017, it's largest shareholder is
the pinstripe property investment co ltd
with a 100% stake. Banidev Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£379k with
declining
growth in recent years.
Pomanda's financial health check has awarded Banidev Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 9 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
2 Regular
9 Weak
Size
annual sales of £379k, make it smaller than the average company (£2.3m)
£379k - Banidev Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (6%)
-7% - Banidev Limited
6% - Industry AVG
Production
with a gross margin of 26.3%, this company has a comparable cost of product (26.3%)
26.3% - Banidev Limited
26.3% - Industry AVG
Profitability
an operating margin of -2.5% make it less profitable than the average company (7.5%)
-2.5% - Banidev Limited
7.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Banidev Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
£48.3k - Banidev Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £189.5k, this is less efficient (£277.7k)
£189.5k - Banidev Limited
£277.7k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (27 days)
12 days - Banidev Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (31 days)
3 days - Banidev Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 1553 days, this is more than average (197 days)
1553 days - Banidev Limited
197 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (11 weeks)
1 weeks - Banidev Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104.5%, this is a higher level of debt than the average (73.8%)
104.5% - Banidev Limited
73.8% - Industry AVG
BANIDEV LIMITED financials
EXPORT
Banidev Limited's latest turnover from March 2024 is estimated at £379 thousand and the company has net assets of -£56 thousand. According to their latest financial statements, Banidev Limited has 2 employees and maintains cash reserves of £39.4 thousand 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
Sep 2017
Aug 2017
Turnover
379,011
518,008
1,163,971
475,324
483,657
388,468
478,107
Other Income Or Grants
Cost Of Sales
279,451
383,998
878,356
359,127
353,353
278,941
336,682
Gross Profit
99,560
134,010
285,615
116,197
130,304
109,526
141,425
Admin Expenses
108,971
159,206
289,909
119,786
131,974
129,490
147,372
Operating Profit
-9,411
-25,196
-4,294
-3,589
-1,670
-19,964
-5,947
Interest Payable
Interest Receivable
2,813
9,724
1,462
Pre-Tax Profit
-6,598
-15,472
-2,832
-3,589
-1,670
-19,964
-5,947
Tax
Profit After Tax
-6,598
-15,472
-2,832
-3,589
-1,670
-19,964
-5,947
Dividends Paid
Retained Profit
-6,598
-15,472
-2,832
-3,589
-1,670
-19,964
-5,947
Employee Costs
96,524
91,893
88,909
86,638
86,843
85,125
84,335
Number Of Employees
2
2
2
2
2
2
2
EBITDA*
-9,411
-25,196
-4,294
-3,589
-1,670
-19,964
-5,947
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Sep 2017
Aug 2017
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
1,189,561
1,182,417
1,032,568
351,126
351,126
345,321
335,371
Trade Debtors
12,500
Group Debtors
Misc Debtors
4,011
4,378
17,953
1,201
2,355
100
Cash
39,350
67,805
389,794
63
misc current assets
total current assets
1,245,422
1,254,600
1,440,315
352,390
353,481
345,321
335,371
100
total assets
1,245,422
1,254,600
1,440,315
352,390
353,481
345,321
335,371
100
Bank overdraft
Bank loan
Trade Creditors
2,880
5,490
175,788
Group/Directors Accounts
1,297,384
1,297,384
1,297,384
9,710
other short term finances
hp & lease commitments
other current liabilities
1,130
1,100
1,045
12,808
600
480
400
total current liabilities
1,301,394
1,303,974
1,474,217
12,808
10,310
480
400
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
370,652
370,652
370,652
340,818
provisions
total long term liabilities
370,652
370,652
370,652
340,818
total liabilities
1,301,394
1,303,974
1,474,217
383,460
380,962
371,132
341,218
net assets
-55,972
-49,374
-33,902
-31,070
-27,481
-25,811
-5,847
100
total shareholders funds
-55,972
-49,374
-33,902
-31,070
-27,481
-25,811
-5,847
100
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Sep 2017
Aug 2017
Operating Activities
Operating Profit
-9,411
-25,196
-4,294
-3,589
-1,670
-19,964
-5,947
Depreciation
Amortisation
Tax
Stock
7,144
149,849
681,442
5,805
9,950
335,371
Debtors
12,133
-13,575
16,752
-1,154
2,355
-100
100
Creditors
-2,610
-170,298
175,788
Accruals and Deferred Income
30
55
-11,763
12,208
120
80
400
Deferred Taxes & Provisions
Cash flow from operations
-31,268
-331,713
-538,463
9,773
-9,710
-29,834
-340,818
-100
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
1,297,384
-9,710
9,710
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-370,652
29,834
340,818
share issue
100
interest
2,813
9,724
1,462
cash flow from financing
2,813
9,724
928,194
-9,710
9,710
29,834
340,818
100
cash and cash equivalents
cash
-28,455
-321,989
389,731
63
overdraft
change in cash
-28,455
-321,989
389,731
63
banidev limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for banidev limited. Get real-time insights into banidev limited's credit score, group structure and payment trends.
Perform a competitor analysis for banidev limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in M 1 area or any other competitors across 12 key performance metrics.
banidev limited Ownership
BANIDEV LIMITED group structure
Banidev Limited has no subsidiary companies.
Ultimate parent company
BANIDEV LIMITED
10838525
BANIDEV LIMITED Shareholders
The sole shareholder of Banidev Limited is The Pinstripe Property Investment Co Ltd.
the pinstripe property investment co ltd
100%
banidev limited directors
Banidev Limited currently has 5 directors.
The longest serving directors include
Mr Adam Kamani (Aug 2019) and
Mr Mahesh Patel (Aug 2019).
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 banidev limited.
banidev 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.
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banidev limitedCompanies House Filings - See Documents
