bid leicester limited

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bid leicester limited Company Information

Share BID LEICESTER LIMITED

Company Number

11082503

Shareholders

-

Group Structure

View All

Industry

Other business support service activities n.e.c.

 +1

Registered Address

st martins house 7 peacock lane, leicester, leicestershire, LE1 5PZ

bid leicester limited Estimated Valuation

£12.2k

Pomanda estimates the enterprise value of BID LEICESTER LIMITED at £12.2k based on a Turnover of £19.9k and 0.61x industry multiple (adjusted for size and gross margin).

bid leicester limited Estimated Valuation

£310.5k

Pomanda estimates the enterprise value of BID LEICESTER LIMITED at £310.5k based on an EBITDA of £84.4k and a 3.68x industry multiple (adjusted for size and gross margin).

bid leicester limited Estimated Valuation

£740k

Pomanda estimates the enterprise value of BID LEICESTER LIMITED at £740k based on Net Assets of £323.1k and 2.29x industry multiple (adjusted for liquidity).

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Bid Leicester Limited Overview

Bid Leicester Limited is a live company located in leicestershire, LE1 5PZ with a Companies House number of 11082503. It operates in the activities of business and employers membership organizations sector, SIC Code 94110. Founded in November 2017, it's largest shareholder is unknown. Bid Leicester Limited is a young, micro sized company, Pomanda has estimated its turnover at £19.9k with rapid growth in recent years.

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Bid Leicester Limited Health Check

Pomanda's financial health check has awarded Bid Leicester Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £19.9k, make it smaller than the average company (£2.6m)

£19.9k - Bid Leicester Limited

£2.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (6.8%)

40% - Bid Leicester Limited

6.8% - Industry AVG

production

Production

with a gross margin of 55.8%, this company has a comparable cost of product (55.8%)

55.8% - Bid Leicester Limited

55.8% - Industry AVG

profitability

Profitability

an operating margin of 421% make it more profitable than the average company (3.3%)

421% - Bid Leicester Limited

3.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (20)

1 - Bid Leicester Limited

20 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.4k, the company has an equivalent pay structure (£48.4k)

£48.4k - Bid Leicester Limited

£48.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £19.9k, this is less efficient (£127.8k)

£19.9k - Bid Leicester Limited

£127.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 15 days, this is earlier than average (38 days)

15 days - Bid Leicester Limited

38 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1010 days, this is slower than average (40 days)

1010 days - Bid Leicester Limited

40 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Bid Leicester Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 308 weeks, this is more cash available to meet short term requirements (45 weeks)

308 weeks - Bid Leicester Limited

45 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 10.4%, this is a lower level of debt than the average (52.8%)

10.4% - Bid Leicester Limited

52.8% - Industry AVG

BID LEICESTER LIMITED financials

EXPORTms excel logo

Bid Leicester Limited's latest turnover from January 2024 is estimated at £19.9 thousand and the company has net assets of £323.1 thousand. According to their latest financial statements, we estimate that Bid Leicester Limited has 1 employee and maintains cash reserves of £222.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Turnover19,90816,490139,0547,328274,280
Other Income Or Grants
Cost Of Sales8,7987,00858,3173,154131,113
Gross Profit11,1109,48280,7374,174143,167
Admin Expenses-72,69645,38436,704-40,154-104,835-5,195
Operating Profit83,806-35,90244,03344,328104,835148,362
Interest Payable
Interest Receivable10,9128,9656661971,321644
Pre-Tax Profit94,717-26,93744,69944,525106,156149,006
Tax-23,679-8,493-8,460-20,170-28,311
Profit After Tax71,038-26,93736,20636,06585,986120,695
Dividends Paid
Retained Profit71,038-26,93736,20636,06585,986120,695
Employee Costs48,35447,13889,63743,110125,941
Number Of Employees11213
EBITDA*84,355-32,02947,59349,365106,384149,911

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Tangible Assets7491,0039903131,5503,099
Intangible Assets3,3666,73310,100
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets7491,0034,3567,04611,6503,099
Stock & work in progress
Trade Debtors8581,76315,275750
Group Debtors
Misc Debtors136,160100,37521,231122,97697,68469,339
Cash222,878192,799319,505212,905180,503171,669
misc current assets
total current assets359,896294,937356,011336,631278,187241,008
total assets360,645295,940360,367343,677289,837244,107
Bank overdraft
Bank loan
Trade Creditors 24,34967,477
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities13,24343,92541,41570,93163,15655,935
total current liabilities37,59243,92541,41570,93163,156123,412
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities37,59243,92541,41570,93163,156123,412
net assets323,053252,015318,952272,746226,681120,695
total shareholders funds323,053252,015318,952272,746226,681120,695
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Operating Activities
Operating Profit83,806-35,90244,03344,328104,835148,362
Depreciation5495071931,6701,5491,549
Amortisation3,3663,3673,367
Tax-23,679-8,493-8,460-20,170-28,311
Stock
Debtors34,88065,632-87,22026,04228,34569,339
Creditors24,349-67,47767,477
Accruals and Deferred Income-30,6822,510-29,5167,7757,22155,935
Deferred Taxes & Provisions
Cash flow from operations19,463-95,15196,80422,638-2,387175,673
Investing Activities
capital expenditure-295-520-870-433-10,100-4,648
Change in Investments
cash flow from investments-295-520-870-433-10,100-4,648
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-40,00010,00010,00020,000
interest10,9128,9656661971,321644
cash flow from financing10,912-31,03510,66610,19721,321644
cash and cash equivalents
cash30,079-126,706106,60032,4028,834171,669
overdraft
change in cash30,079-126,706106,60032,4028,834171,669

bid leicester limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Bid Leicester Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for bid leicester limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in LE1 area or any other competitors across 12 key performance metrics.

bid leicester limited Ownership

BID LEICESTER LIMITED group structure

Bid Leicester Limited has no subsidiary companies.

Ultimate parent company

BID LEICESTER LIMITED

11082503

BID LEICESTER LIMITED Shareholders

--

bid leicester limited directors

Bid Leicester Limited currently has 13 directors. The longest serving directors include Mr Richard Osborn (Feb 2018) and Mr Christopher Stafford (Mar 2018).

officercountryagestartendrole
Mr Richard OsbornUnited Kingdom51 years Feb 2018- Director
Mr Christopher StaffordUnited Kingdom44 years Mar 2018- Director
Mr Angus FraserEngland51 years Sep 2018- Director
Ms Sarah ThomsonEngland43 years Sep 2018- Director
Mr Sam HaggerEngland40 years Aug 2019- Director
Ms Sarah HarrisonEngland70 years Sep 2019- Director
Mrs Charmian WrightEngland58 years Mar 2022- Director
Mr Sukhdev GillEngland57 years Mar 2022- Director
Mr Matthew PearsonEngland44 years Mar 2022- Director
Mrs Andrea GrayEngland57 years Mar 2022- Director

P&L

January 2024

turnover

19.9k

+21%

operating profit

83.8k

0%

gross margin

55.9%

-2.95%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2024

net assets

323.1k

+0.28%

total assets

360.6k

+0.22%

cash

222.9k

+0.16%

net assets

Total assets minus all liabilities

bid leicester limited company details

company number

11082503

Type

Private Ltd By Guarantee w/o Share Cap

industry

82990 - Other business support service activities n.e.c.

94110 - Activities of business and employers membership organisations

incorporation date

November 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

N/A

accountant

KNIGHTS LOWE LTD

auditor

-

address

st martins house 7 peacock lane, leicester, leicestershire, LE1 5PZ

Bank

-

Legal Advisor

-

bid leicester 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 bid leicester limited.

bid leicester 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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bid leicester limited Companies House Filings - See Documents

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