Pomanda estimates the enterprise value of BOUNDS TAXIS (MK) LIMITED at £90.6k based on a Turnover of £106.1k and 0.85x industry multiple (adjusted for size and gross margin).
bounds taxis (mk) limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of BOUNDS TAXIS (MK) LIMITED at £0 based on an EBITDA of £-189k and a 7.35x industry multiple (adjusted for size and gross margin).
bounds taxis (mk) limitedEstimated Valuation
£349.5k
Pomanda estimates the enterprise value of BOUNDS TAXIS (MK) LIMITED at £349.5k based on Net Assets of £163.9k and 2.13x industry multiple (adjusted for liquidity).
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Bounds Taxis (mk) LimitedOverview
Bounds Taxis (mk) Limited is a live company located in loughborough, LE11 3TR with a Companies House number of 11218999. It operates in the taxi operation sector, SIC Code 49320. Founded in February 2018, it's largest shareholder is
united travel holdings limited
with a 100% stake. Bounds Taxis (mk) Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£106.1k with
declining
growth in recent years.
Pomanda's financial health check has awarded Bounds Taxis (Mk) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
1 Regular
7 Weak
Size
annual sales of £106.1k, make it smaller than the average company (£863.5k)
£106.1k - Bounds Taxis (mk) Limited
£863.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (13.2%)
-17% - Bounds Taxis (mk) Limited
13.2% - Industry AVG
Production
with a gross margin of 31.5%, this company has a higher cost of product (48.7%)
31.5% - Bounds Taxis (mk) Limited
48.7% - Industry AVG
Profitability
an operating margin of -178.2% make it less profitable than the average company (9.6%)
-178.2% - Bounds Taxis (mk) Limited
9.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (11)
2 - Bounds Taxis (mk) Limited
11 - Industry AVG
Pay Structure
on an average salary of £30.8k, the company has an equivalent pay structure (£30.8k)
£30.8k - Bounds Taxis (mk) Limited
£30.8k - Industry AVG
Efficiency
resulting in sales per employee of £53k, this is less efficient (£93k)
£53k - Bounds Taxis (mk) Limited
£93k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Bounds Taxis (mk) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Bounds Taxis (mk) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Bounds Taxis (mk) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (25 weeks)
0 weeks - Bounds Taxis (mk) Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26%, this is a lower level of debt than the average (60.4%)
26% - Bounds Taxis (mk) Limited
60.4% - Industry AVG
BOUNDS TAXIS (MK) LIMITED financials
EXPORT
Bounds Taxis (Mk) Limited's latest turnover from December 2023 is estimated at £106.1 thousand and the company has net assets of £163.9 thousand. According to their latest financial statements, Bounds Taxis (Mk) Limited has 2 employees and maintains cash reserves of £609 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Turnover
106,052
24,295
183,932
1,879,042
273,248
Other Income Or Grants
Cost Of Sales
72,633
18,067
130,858
1,327,194
205,067
Gross Profit
33,419
6,228
53,074
551,847
68,181
Admin Expenses
222,400
18,600
48,281
-9,832
274,723
-100,904
Operating Profit
-188,981
-18,600
-42,053
62,906
277,124
169,085
Interest Payable
212
169
Interest Receivable
16
59
22
34
829
726
Pre-Tax Profit
-189,177
-18,711
-42,031
62,940
277,953
169,811
Tax
-11,959
-52,811
-32,264
Profit After Tax
-189,177
-18,711
-42,031
50,981
225,142
137,547
Dividends Paid
Retained Profit
-189,177
-18,711
-42,031
50,981
225,142
137,547
Employee Costs
61,580
26,192
40,024
84,483
264,795
Number Of Employees
2
1
2
4
14
EBITDA*
-188,981
-3,600
-12,053
92,906
307,124
199,085
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Tangible Assets
Intangible Assets
165,000
180,000
210,000
240,000
270,000
Investments & Other
20,100
20,100
20,100
Debtors (Due After 1 year)
Total Fixed Assets
185,100
200,100
230,100
240,000
270,000
Stock & work in progress
Trade Debtors
6,289
43,644
498,303
37,432
Group Debtors
220,864
229,550
219,612
217,305
189,549
Misc Debtors
265
1,048
4,970
2,769
Cash
609
3,919
39,811
27,475
193,563
misc current assets
1,300
total current assets
221,473
230,850
230,085
301,808
720,297
233,764
total assets
221,473
415,950
430,185
531,908
960,297
503,764
Bank overdraft
3,766
Bank loan
Trade Creditors
1,920
11,672
401,329
8,018
Group/Directors Accounts
56,438
54,838
54,838
104,470
132,909
323,998
other short term finances
hp & lease commitments
other current liabilities
1,184
4,318
1,688
1,996
63,270
34,101
total current liabilities
57,622
62,922
58,446
118,138
597,508
366,117
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
57,622
62,922
58,446
118,138
597,508
366,117
net assets
163,851
353,028
371,739
413,770
362,789
137,647
total shareholders funds
163,851
353,028
371,739
413,770
362,789
137,647
Dec 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Operating Activities
Operating Profit
-188,981
-18,600
-42,053
62,906
277,124
169,085
Depreciation
Amortisation
15,000
30,000
30,000
30,000
30,000
Tax
-11,959
-52,811
-32,264
Stock
Debtors
-8,686
3,384
-35,831
-430,825
652,621
40,201
Creditors
-1,920
-9,752
-389,657
393,311
8,018
Accruals and Deferred Income
-3,134
2,630
-308
-61,274
29,169
34,101
Deferred Taxes & Provisions
Cash flow from operations
-183,429
-6,274
13,718
60,841
24,172
168,739
Investing Activities
capital expenditure
165,000
-300,000
Change in Investments
-20,100
20,100
cash flow from investments
185,100
-20,100
-300,000
Financing Activities
Bank loans
Group/Directors Accounts
1,600
-49,632
-28,439
-191,089
323,998
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
-196
-110
22
34
829
726
cash flow from financing
1,404
-110
-49,610
-28,405
-190,260
324,824
cash and cash equivalents
cash
609
-3,919
-35,892
12,336
-166,088
193,563
overdraft
-3,766
3,766
change in cash
4,375
-7,685
-35,892
12,336
-166,088
193,563
bounds taxis (mk) 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 bounds taxis (mk) limited. Get real-time insights into bounds taxis (mk) limited's credit score, group structure and payment trends.
Perform a competitor analysis for bounds taxis (mk) limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in LE11 area or any other competitors across 12 key performance metrics.
bounds taxis (mk) limited Ownership
BOUNDS TAXIS (MK) LIMITED group structure
Bounds Taxis (Mk) Limited has no subsidiary companies.
take me finance office, ashby road, loughborough, LE11 3TR
Bank
-
Legal Advisor
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bounds taxis (mk) 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 bounds taxis (mk) limited.
bounds taxis (mk) 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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bounds taxis (mk) limitedCompanies House Filings - See Documents
