birstwith123 limited
birstwith123 limited Company Information
Company Number
10940031
Next Accounts
313 days late
Directors
Shareholders
silverback developments limited
Group Structure
View All
Industry
Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
Registered Address
flannagans accountants, 3a evolution, wynyard, TS22 5TB
Website
newby.co.ukbirstwith123 limited Estimated Valuation
Pomanda estimates the enterprise value of BIRSTWITH123 LIMITED at £1.1m based on a Turnover of £989.9k and 1.08x industry multiple (adjusted for size and gross margin).
birstwith123 limited Estimated Valuation
Pomanda estimates the enterprise value of BIRSTWITH123 LIMITED at £211.1k based on an EBITDA of £56.7k and a 3.72x industry multiple (adjusted for size and gross margin).
birstwith123 limited Estimated Valuation
Pomanda estimates the enterprise value of BIRSTWITH123 LIMITED at £19.3k based on Net Assets of £10k and 1.92x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Birstwith123 Limited Overview
Birstwith123 Limited is a live company located in wynyard, TS22 5TB with a Companies House number of 10940031. It operates in the other credit granting n.e.c. sector, SIC Code 64929. Founded in August 2017, it's largest shareholder is silverback developments limited with a 100% stake. Birstwith123 Limited is a young, small sized company, Pomanda has estimated its turnover at £989.9k with high growth in recent years.
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Birstwith123 Limited Health Check
Pomanda's financial health check has awarded Birstwith123 Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £989.9k, make it smaller than the average company (£3.2m)
- Birstwith123 Limited
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (3.6%)
- Birstwith123 Limited
3.6% - Industry AVG
Production
with a gross margin of 38.9%, this company has a higher cost of product (68.7%)
- Birstwith123 Limited
68.7% - Industry AVG
Profitability
an operating margin of 5.7% make it less profitable than the average company (18.8%)
- Birstwith123 Limited
18.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Birstwith123 Limited
6 - Industry AVG
Pay Structure
on an average salary of £62.8k, the company has an equivalent pay structure (£62.8k)
- Birstwith123 Limited
£62.8k - Industry AVG
Efficiency
resulting in sales per employee of £494.9k, this is more efficient (£351.2k)
- Birstwith123 Limited
£351.2k - Industry AVG
Debtor Days
it gets paid by customers after 183 days, this is earlier than average (291 days)
- Birstwith123 Limited
291 days - Industry AVG
Creditor Days
its suppliers are paid after 1327 days, this is slower than average (21 days)
- Birstwith123 Limited
21 days - Industry AVG
Stock Days
it holds stock equivalent to 2033 days, this is more than average (4 days)
- Birstwith123 Limited
4 days - 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 - Birstwith123 Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.7%, this is a similar level of debt than the average (92.4%)
99.7% - Birstwith123 Limited
92.4% - Industry AVG
BIRSTWITH123 LIMITED financials
Birstwith123 Limited's latest turnover from July 2022 is estimated at £989.9 thousand and the company has net assets of £10 thousand. According to their latest financial statements, Birstwith123 Limited has 2 employees and maintains cash reserves of £1.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 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 | 3 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | |||||
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | |||||
| Stock & work in progress | 3,367,740 | ||||
| Trade Debtors | 497,709 | 5,867,432 | 8,903,561 | 7,116,300 | 4,712,627 |
| Group Debtors | |||||
| Misc Debtors | |||||
| Cash | 1,227 | ||||
| misc current assets | |||||
| total current assets | 3,866,676 | 5,867,432 | 8,903,561 | 7,116,300 | 4,712,627 |
| total assets | 3,866,676 | 5,867,432 | 8,903,561 | 7,116,300 | 4,712,627 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 2,198,577 | 2,560,373 | 911,274 | 645,860 | 13,696 |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | |||||
| total current liabilities | 2,198,577 | 2,560,373 | 911,274 | 645,860 | 13,696 |
| loans | 1,658,057 | ||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | 3,293,705 | 8,056,021 | 6,471,809 | 4,698,831 | |
| provisions | |||||
| total long term liabilities | 1,658,057 | 3,293,705 | 8,056,021 | 6,471,809 | 4,698,831 |
| total liabilities | 3,856,634 | 5,854,078 | 8,967,295 | 7,117,669 | 4,712,527 |
| net assets | 10,042 | 13,354 | -63,734 | -1,369 | 100 |
| total shareholders funds | 10,042 | 13,354 | -63,734 | -1,369 | 100 |
| Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | 3,367,740 | ||||
| Debtors | -5,369,723 | -3,036,129 | 1,787,261 | 2,403,673 | 4,712,627 |
| Creditors | -361,796 | 1,649,099 | 265,414 | 632,164 | 13,696 |
| Accruals and Deferred Income | |||||
| 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 | 1,658,057 | ||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | -3,293,705 | -4,762,316 | 1,584,212 | 1,772,978 | 4,698,831 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 1,227 | ||||
| overdraft | |||||
| change in cash | 1,227 |
birstwith123 limited Credit Report and Business Information
Birstwith123 Limited Competitor Analysis
Perform a competitor analysis for birstwith123 limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in TS22 area or any other competitors across 12 key performance metrics.
birstwith123 limited Ownership
BIRSTWITH123 LIMITED group structure
Birstwith123 Limited has no subsidiary companies.
Ultimate parent company
2 parents
BIRSTWITH123 LIMITED
10940031
birstwith123 limited directors
Birstwith123 Limited currently has 1 director, Mr Simon Hepden serving since Nov 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Hepden | England | 53 years | Nov 2021 | - | Director |
P&L
July 2022turnover
989.9k
+54%
operating profit
56.7k
0%
gross margin
39%
+1.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2022net assets
10k
-0.25%
total assets
3.9m
-0.34%
cash
1.2k
0%
net assets
Total assets minus all liabilities
Similar Companies
birstwith123 limited company details
company number
10940031
Type
Private limited with Share Capital
industry
64929 - Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
incorporation date
August 2017
age
8
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
July 2022
previous names
castle spv 1 ltd (June 2021)
accountant
FLANNAGANS
auditor
-
address
flannagans accountants, 3a evolution, wynyard, TS22 5TB
Bank
-
Legal Advisor
-
birstwith123 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 found 5 charges/mortgages relating to birstwith123 limited. Currently there are 5 open charges and 0 have been satisfied in the past.
birstwith123 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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birstwith123 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
