bridge road 1 ltd
bridge road 1 ltd Company Information
Company Number
11223444
Next Accounts
Dec 2025
Shareholders
mithun makwana
priyesh parmar
Group Structure
View All
Industry
Dispensing chemist in specialised stores
Registered Address
office 1 21 hatherton street, walsall, WS4 2LA
Website
-bridge road 1 ltd Estimated Valuation
Pomanda estimates the enterprise value of BRIDGE ROAD 1 LTD at £424.1k based on a Turnover of £1.3m and 0.33x industry multiple (adjusted for size and gross margin).
bridge road 1 ltd Estimated Valuation
Pomanda estimates the enterprise value of BRIDGE ROAD 1 LTD at £530.2k based on an EBITDA of £141.3k and a 3.75x industry multiple (adjusted for size and gross margin).
bridge road 1 ltd Estimated Valuation
Pomanda estimates the enterprise value of BRIDGE ROAD 1 LTD at £165.8k based on Net Assets of £79.4k and 2.09x industry multiple (adjusted for liquidity).
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Bridge Road 1 Ltd Overview
Bridge Road 1 Ltd is a live company located in walsall, WS4 2LA with a Companies House number of 11223444. It operates in the dispensing chemist in specialised stores sector, SIC Code 47730. Founded in February 2018, it's largest shareholder is mithun makwana with a 80% stake. Bridge Road 1 Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.3m with high growth in recent years.
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Bridge Road 1 Ltd Health Check
Pomanda's financial health check has awarded Bridge Road 1 Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
6 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£12.6m)
- Bridge Road 1 Ltd
£12.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (7.4%)
- Bridge Road 1 Ltd
7.4% - Industry AVG
Production
with a gross margin of 31.4%, this company has a comparable cost of product (31.4%)
- Bridge Road 1 Ltd
31.4% - Industry AVG
Profitability
an operating margin of 6.3% make it more profitable than the average company (2.6%)
- Bridge Road 1 Ltd
2.6% - Industry AVG
Employees
with 12 employees, this is below the industry average (64)
12 - Bridge Road 1 Ltd
64 - Industry AVG
Pay Structure
on an average salary of £26.7k, the company has an equivalent pay structure (£26.7k)
- Bridge Road 1 Ltd
£26.7k - Industry AVG
Efficiency
resulting in sales per employee of £107.9k, this is less efficient (£146.1k)
- Bridge Road 1 Ltd
£146.1k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is near the average (29 days)
- Bridge Road 1 Ltd
29 days - Industry AVG
Creditor Days
its suppliers are paid after 70 days, this is slower than average (63 days)
- Bridge Road 1 Ltd
63 days - Industry AVG
Stock Days
it holds stock equivalent to 41 days, this is more than average (32 days)
- Bridge Road 1 Ltd
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (13 weeks)
7 weeks - Bridge Road 1 Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.6%, this is a higher level of debt than the average (58.6%)
94.6% - Bridge Road 1 Ltd
58.6% - Industry AVG
BRIDGE ROAD 1 LTD financials
Bridge Road 1 Ltd's latest turnover from March 2024 is estimated at £1.3 million and the company has net assets of £79.4 thousand. According to their latest financial statements, Bridge Road 1 Ltd has 12 employees and maintains cash reserves of £85.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| 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 | 12 | 8 | 6 | 5 | 5 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 26,465 | 26,108 | 34,006 | 44,256 | 10,251 | 3,897 |
| Intangible Assets | 1,086,860 | 633,959 | 674,425 | 714,890 | 755,356 | 795,821 |
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 1,113,325 | 660,067 | 708,431 | 759,146 | 765,607 | 799,718 |
| Stock & work in progress | 100,000 | 51,117 | 51,000 | 43,470 | 65,000 | 45,000 |
| Trade Debtors | 125,346 | 82,289 | 69,922 | 121,494 | 128,935 | 81,338 |
| Group Debtors | ||||||
| Misc Debtors | 48,753 | 25,547 | 33,128 | 26,812 | 26,494 | 23,212 |
| Cash | 85,068 | 97,578 | 118,926 | 94,485 | 18,969 | 47,768 |
| misc current assets | ||||||
| total current assets | 359,167 | 256,531 | 272,976 | 286,261 | 239,398 | 197,318 |
| total assets | 1,472,492 | 916,598 | 981,407 | 1,045,407 | 1,005,005 | 997,036 |
| Bank overdraft | 144,137 | 70,800 | 61,860 | 80,905 | 52,689 | 52,872 |
| Bank loan | ||||||
| Trade Creditors | 170,445 | 112,815 | 125,393 | 123,103 | 125,493 | 98,298 |
| Group/Directors Accounts | 248,673 | 198,549 | ||||
| other short term finances | ||||||
| hp & lease commitments | 6,840 | 6,840 | 6,839 | 6,839 | ||
| other current liabilities | 231,556 | 197,568 | 218,167 | 241,164 | 25,058 | 12,092 |
| total current liabilities | 552,978 | 388,023 | 412,259 | 452,011 | 451,913 | 361,811 |
| loans | 832,980 | 438,215 | 491,254 | 547,691 | 531,976 | 565,326 |
| hp & lease commitments | 2,893 | 8,859 | 14,443 | 19,665 | ||
| Accruals and Deferred Income | ||||||
| other liabilities | 59,170 | |||||
| provisions | 4,250 | 4,022 | 5,363 | 8,494 | ||
| total long term liabilities | 840,123 | 451,096 | 511,060 | 575,850 | 531,976 | 624,496 |
| total liabilities | 1,393,101 | 839,119 | 923,319 | 1,027,861 | 983,889 | 986,307 |
| net assets | 79,391 | 77,479 | 58,088 | 17,546 | 21,116 | 10,729 |
| total shareholders funds | 79,391 | 77,479 | 58,088 | 17,546 | 21,116 | 10,729 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 6,811 | 7,898 | 10,250 | 7,970 | 1,759 | 354 |
| Amortisation | 53,116 | 40,466 | 40,465 | 40,466 | 40,466 | 13,489 |
| Tax | ||||||
| Stock | 48,883 | 117 | 7,530 | -21,530 | 20,000 | 45,000 |
| Debtors | 66,263 | 4,786 | -45,256 | -7,123 | 50,879 | 104,550 |
| Creditors | 57,630 | -12,578 | 2,290 | -2,390 | 27,195 | 98,298 |
| Accruals and Deferred Income | 33,988 | -20,599 | -22,997 | 216,106 | 12,966 | 12,092 |
| Deferred Taxes & Provisions | 228 | -1,341 | -3,131 | 8,494 | ||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -248,673 | 50,124 | 198,549 | |||
| Other Short Term Loans | ||||||
| Long term loans | 394,765 | -53,039 | -56,437 | 15,715 | -33,350 | 565,326 |
| Hire Purchase and Lease Commitments | -5,966 | -5,583 | -5,222 | 26,504 | ||
| other long term liabilities | -59,170 | 59,170 | ||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -12,510 | -21,348 | 24,441 | 75,516 | -28,799 | 47,768 |
| overdraft | 73,337 | 8,940 | -19,045 | 28,216 | -183 | 52,872 |
| change in cash | -85,847 | -30,288 | 43,486 | 47,300 | -28,616 | -5,104 |
bridge road 1 ltd Credit Report and Business Information
Bridge Road 1 Ltd Competitor Analysis
Perform a competitor analysis for bridge road 1 ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in WS4 area or any other competitors across 12 key performance metrics.
bridge road 1 ltd Ownership
BRIDGE ROAD 1 LTD group structure
Bridge Road 1 Ltd has no subsidiary companies.
Ultimate parent company
BRIDGE ROAD 1 LTD
11223444
bridge road 1 ltd directors
Bridge Road 1 Ltd currently has 2 directors. The longest serving directors include Mr Mithun Makwana (Feb 2018) and Mr Priyesh Parmar (Aug 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mithun Makwana | United Kingdom | 37 years | Feb 2018 | - | Director |
| Mr Priyesh Parmar | United Kingdom | 33 years | Aug 2018 | - | Director |
P&L
March 2024turnover
1.3m
+60%
operating profit
81.3k
0%
gross margin
31.4%
-3.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
79.4k
+0.02%
total assets
1.5m
+0.61%
cash
85.1k
-0.13%
net assets
Total assets minus all liabilities
bridge road 1 ltd company details
company number
11223444
Type
Private limited with Share Capital
industry
47730 - Dispensing chemist in specialised stores
incorporation date
February 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
DHILLON ACCOUNTANTS LIMITED
auditor
-
address
office 1 21 hatherton street, walsall, WS4 2LA
Bank
-
Legal Advisor
-
bridge road 1 ltd 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 bridge road 1 ltd. Currently there are 3 open charges and 2 have been satisfied in the past.
bridge road 1 ltd 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.
Click to start generating capital raising & share issue transactions for BRIDGE ROAD 1 LTD. This can take several minutes, an email will notify you when this has completed.
bridge road 1 ltd Companies House Filings - See Documents
| date | description | view/download |
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