barmet limited
barmet limited Company Information
Company Number
10845256
Website
-Registered Address
stone house, 210 coniscliffe road, darlington, DL3 8PU
Industry
Engineering related scientific and technical consulting activities
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Directors
Paul Barras7 Years
Shareholders
olga chaika 50%
paul anthony barras 50%
barmet limited Estimated Valuation
Pomanda estimates the enterprise value of BARMET LIMITED at £69.8k based on a Turnover of £115.3k and 0.61x industry multiple (adjusted for size and gross margin).
barmet limited Estimated Valuation
Pomanda estimates the enterprise value of BARMET LIMITED at £0 based on an EBITDA of £-1.9k and a 5.1x industry multiple (adjusted for size and gross margin).
barmet limited Estimated Valuation
Pomanda estimates the enterprise value of BARMET LIMITED at £2.6k based on Net Assets of £973 and 2.71x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Barmet Limited Overview
Barmet Limited is a live company located in darlington, DL3 8PU with a Companies House number of 10845256. It operates in the engineering related scientific and technical consulting activities sector, SIC Code 71122. Founded in June 2017, it's largest shareholder is olga chaika with a 50% stake. Barmet Limited is a young, micro sized company, Pomanda has estimated its turnover at £115.3k with low growth in recent years.
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Barmet Limited Health Check
Pomanda's financial health check has awarded Barmet Limited a 2 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 £115.3k, make it smaller than the average company (£708k)
- Barmet Limited
£708k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (4.7%)
- Barmet Limited
4.7% - Industry AVG
Production
with a gross margin of 37.1%, this company has a comparable cost of product (37.1%)
- Barmet Limited
37.1% - Industry AVG
Profitability
an operating margin of -2.4% make it less profitable than the average company (6.7%)
- Barmet Limited
6.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (9)
2 - Barmet Limited
9 - Industry AVG
Pay Structure
on an average salary of £52k, the company has an equivalent pay structure (£52k)
- Barmet Limited
£52k - Industry AVG
Efficiency
resulting in sales per employee of £57.6k, this is less efficient (£95.6k)
- Barmet Limited
£95.6k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is earlier than average (77 days)
- Barmet Limited
77 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Barmet Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Barmet Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (16 weeks)
22 weeks - Barmet Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.9%, this is a higher level of debt than the average (54.6%)
96.9% - Barmet Limited
54.6% - Industry AVG
BARMET LIMITED financials
Barmet Limited's latest turnover from June 2023 is estimated at £115.3 thousand and the company has net assets of £973. According to their latest financial statements, Barmet Limited has 2 employees and maintains cash reserves of £13.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 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 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 2,463 | 1,752 | 2,002 | 1,667 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,463 | 1,752 | 2,002 | 1,667 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 900 | 900 | 11,055 | 19,250 |
| Trade Debtors | 12,824 | 15,120 | 0 | 12,240 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 13,238 | 14,073 | 21,844 | 22,154 | 19,061 | 5,695 |
| misc current assets | 2,573 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 28,635 | 29,193 | 22,744 | 35,294 | 30,116 | 24,945 |
| total assets | 31,098 | 30,945 | 24,746 | 36,961 | 30,116 | 24,945 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 3,322 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 4,289 | 7,927 | 24,173 | 25,876 | 23,039 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 30,125 | 20,288 | 10,823 | 16,783 | 9,038 | 1,704 |
| total current liabilities | 30,125 | 27,899 | 18,750 | 40,956 | 34,914 | 24,743 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 30,125 | 27,899 | 18,750 | 40,956 | 34,914 | 24,743 |
| net assets | 973 | 3,046 | 5,996 | -3,995 | -4,798 | 202 |
| total shareholders funds | 973 | 3,046 | 5,996 | -3,995 | -4,798 | 202 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 821 | 250 | 664 | 555 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | -900 | 0 | -10,155 | -8,195 | 19,250 |
| Debtors | -2,296 | 15,120 | -12,240 | 12,240 | 0 | 0 |
| Creditors | -3,322 | 3,322 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 9,837 | 9,465 | -5,960 | 7,745 | 7,334 | 1,704 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -4,289 | -3,638 | -16,246 | -1,703 | 2,837 | 23,039 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 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 | -835 | -7,771 | -310 | 3,093 | 13,366 | 5,695 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -835 | -7,771 | -310 | 3,093 | 13,366 | 5,695 |
barmet limited Credit Report and Business Information
Barmet Limited Competitor Analysis
Perform a competitor analysis for barmet limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in DL3 area or any other competitors across 12 key performance metrics.
barmet limited Ownership
BARMET LIMITED group structure
Barmet Limited has no subsidiary companies.
Ultimate parent company
BARMET LIMITED
10845256
barmet limited directors
Barmet Limited currently has 1 director, Mr Paul Barras serving since Jun 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Barras | England | 68 years | Jun 2017 | - | Director |
P&L
June 2023turnover
115.3k
+19%
operating profit
-2.8k
0%
gross margin
37.1%
-0.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
973
-0.68%
total assets
31.1k
0%
cash
13.2k
-0.06%
net assets
Total assets minus all liabilities
barmet limited company details
company number
10845256
Type
Private limited with Share Capital
industry
71122 - Engineering related scientific and technical consulting activities
incorporation date
June 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
LYNDEN CONSULTANCY LIMITED
auditor
-
address
stone house, 210 coniscliffe road, darlington, DL3 8PU
Bank
-
Legal Advisor
-
barmet 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 barmet limited.
barmet limited Companies House Filings - See Documents
| date | description | view/download |
|---|
