select birmingham limited

2.5

select birmingham limited Company Information

Share SELECT BIRMINGHAM LIMITED
Live 
YoungMidDeclining

Company Number

11213847

Registered Address

bridge house 12 market street, glossop, derbyshire, SK13 8AR

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Telephone

-

Next Accounts Due

September 2024

Group Structure

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Directors

Trevor Hardwick6 Years

Adnan Raja0 Years

Shareholders

select investments limited 100%

select birmingham limited Estimated Valuation

£20.5m

Pomanda estimates the enterprise value of SELECT BIRMINGHAM LIMITED at £20.5m based on a Turnover of £6.7m and 3.05x industry multiple (adjusted for size and gross margin).

select birmingham limited Estimated Valuation

£8.8m

Pomanda estimates the enterprise value of SELECT BIRMINGHAM LIMITED at £8.8m based on an EBITDA of £1.3m and a 6.9x industry multiple (adjusted for size and gross margin).

select birmingham limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SELECT BIRMINGHAM LIMITED at £0 based on Net Assets of £-6m and 1.58x industry multiple (adjusted for liquidity).

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Select Birmingham Limited Overview

Select Birmingham Limited is a live company located in derbyshire, SK13 8AR with a Companies House number of 11213847. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2018, it's largest shareholder is select investments limited with a 100% stake. Select Birmingham Limited is a young, mid sized company, Pomanda has estimated its turnover at £6.7m with declining growth in recent years.

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Select Birmingham Limited Health Check

Pomanda's financial health check has awarded Select Birmingham Limited a 2.5 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

Health Check Image
Health Rating2.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £6.7m, make it larger than the average company (£863.9k)

£6.7m - Select Birmingham Limited

£863.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (1.3%)

-5% - Select Birmingham Limited

1.3% - Industry AVG

production

Production

with a gross margin of 59.3%, this company has a comparable cost of product (70.2%)

59.3% - Select Birmingham Limited

70.2% - Industry AVG

profitability

Profitability

an operating margin of 3.1% make it less profitable than the average company (34.4%)

3.1% - Select Birmingham Limited

34.4% - Industry AVG

employees

Employees

with 76 employees, this is above the industry average (4)

76 - Select Birmingham Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £21.8k, the company has a lower pay structure (£31.1k)

£21.8k - Select Birmingham Limited

£31.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £88.3k, this is less efficient (£188.6k)

£88.3k - Select Birmingham Limited

£188.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 38 days, this is near the average (34 days)

38 days - Select Birmingham Limited

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 25 days, this is quicker than average (33 days)

25 days - Select Birmingham Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 3 days, this is less than average (65 days)

3 days - Select Birmingham Limited

65 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (13 weeks)

5 weeks - Select Birmingham Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 132.1%, this is a higher level of debt than the average (69.7%)

132.1% - Select Birmingham Limited

69.7% - Industry AVG

SELECT BIRMINGHAM LIMITED financials

EXPORTms excel logo

Select Birmingham Limited's latest turnover from December 2022 is £6.7 million and the company has net assets of -£6 million. According to their latest financial statements, Select Birmingham Limited has 76 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Turnover6,713,6142,971,1971,987,1897,739,0066,062,218
Other Income Or Grants00000
Cost Of Sales2,730,4111,320,2641,510,3973,177,1432,560,875
Gross Profit3,983,2031,650,933476,7924,561,8633,501,343
Admin Expenses3,777,4602,466,8281,979,0724,036,1853,248,377
Operating Profit205,743-815,895-1,502,280525,678252,966
Interest Payable924,991808,941862,5851,172,2101,109,406
Interest Receivable00000
Pre-Tax Profit-719,248-1,624,836-2,364,865-646,532-856,440
Tax69,9099,809177,286-43,957-39,588
Profit After Tax-649,339-1,615,027-2,187,579-690,489-896,028
Dividends Paid00000
Retained Profit-649,339-1,615,027-2,187,579-690,489-896,028
Employee Costs1,655,9051,003,1511,288,9081,864,1731,411,201
Number Of Employees76607998101
EBITDA*1,275,609291,142-392,8581,627,614876,270

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Tangible Assets16,703,34617,598,31518,685,73419,502,73720,477,840
Intangible Assets00000
Investments & Other00000
Debtors (Due After 1 year)171,587101,67891,86900
Total Fixed Assets16,531,75917,496,63718,593,86519,502,73720,477,840
Stock & work in progress23,05317,7538,41521,67123,054
Trade Debtors699,714173,66256,071342,360255,732
Group Debtors207,2911,069,436869,583897,4810
Misc Debtors211,718153,26655,029152,568247,217
Cash1,119,841884,655395,2861,240,0251,938,833
misc current assets0057,31800
total current assets2,261,6172,298,7721,441,7022,654,1052,464,836
total assets18,793,37619,795,40920,035,56722,156,84222,942,676
Bank overdraft9,400,0000000
Bank loan00000
Trade Creditors 192,844239,404198,48599,378132,701
Group/Directors Accounts00000
other short term finances00000
hp & lease commitments00000
other current liabilities1,453,4281,006,137664,3541,186,2961,400,007
total current liabilities11,046,2721,245,541862,8391,285,6741,532,708
loans0019,400,00019,400,0000
hp & lease commitments00000
Accruals and Deferred Income00240,000280,000320,000
other liabilities13,784,56623,937,99113,005,82412,448,58621,943,536
provisions00056,19882,920
total long term liabilities13,784,56623,937,99122,945,82422,456,68522,304,996
total liabilities24,830,83825,183,53223,808,66323,742,35923,837,704
net assets-6,037,462-5,388,123-3,773,096-1,585,517-895,028
total shareholders funds-6,037,462-5,388,123-3,773,096-1,585,517-895,028
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Operating Activities
Operating Profit205,743-815,895-1,502,280525,678252,966
Depreciation1,069,8661,107,0371,109,4221,101,936515,840
Amortisation0000107,464
Tax69,9099,809177,286-43,957-39,588
Stock5,3009,338-13,256-1,38323,054
Debtors-207,732425,490-319,857889,460502,949
Creditors-46,56040,91999,107-33,323132,701
Accruals and Deferred Income447,291101,783-561,942-253,7111,720,007
Deferred Taxes & Provisions00-56,198-26,72282,920
Cash flow from operations1,948,6818,825-401,492381,8242,246,307
Investing Activities
capital expenditure-174,897-19,618-292,419-126,833-21,101,144
Change in Investments00000
cash flow from investments-174,897-19,618-292,419-126,833-21,101,144
Financing Activities
Bank loans00000
Group/Directors Accounts00000
Other Short Term Loans 00000
Long term loans0-19,400,000019,400,0000
Hire Purchase and Lease Commitments00000
other long term liabilities-10,153,42510,932,167557,238-9,494,95021,943,536
share issue00001,000
interest-924,991-808,941-862,585-1,172,210-1,109,406
cash flow from financing-11,078,416-9,276,774-305,3478,732,84020,835,130
cash and cash equivalents
cash235,186489,369-844,739-698,8081,938,833
overdraft9,400,0000000
change in cash-9,164,814489,369-844,739-698,8081,938,833

select birmingham 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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Select Birmingham Limited Competitor Analysis

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select birmingham limited Ownership

SELECT BIRMINGHAM LIMITED group structure

Select Birmingham Limited has 1 subsidiary company.

Ultimate parent company

SELECT GLOBAL CORPORATION

#0119479

SELECT INVESTMENTS LTD

#0100650

2 parents

SELECT BIRMINGHAM LIMITED

11213847

1 subsidiary

SELECT BIRMINGHAM LIMITED Shareholders

select investments limited 100%

select birmingham limited directors

Select Birmingham Limited currently has 2 directors. The longest serving directors include Mr Trevor Hardwick (Feb 2018) and Mr Adnan Raja (Oct 2023).

officercountryagestartendrole
Mr Trevor HardwickEngland47 years Feb 2018- Director
Mr Adnan RajaEngland41 years Oct 2023- Director

P&L

December 2022

turnover

6.7m

+126%

operating profit

205.7k

-125%

gross margin

59.4%

+6.78%

turnover

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

Balance Sheet

December 2022

net assets

-6m

+0.12%

total assets

18.8m

-0.05%

cash

1.1m

+0.27%

net assets

Total assets minus all liabilities

select birmingham limited company details

company number

11213847

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

February 2018

age

6

accounts

Group

ultimate parent company

SELECT GLOBAL CORPORATION

previous names

N/A

incorporated

UK

address

bridge house 12 market street, glossop, derbyshire, SK13 8AR

last accounts submitted

December 2022

select birmingham 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 select birmingham limited.

charges

select birmingham limited Companies House Filings - See Documents

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