barnet evolution ltd

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barnet evolution ltd Company Information

Share BARNET EVOLUTION LTD

Company Number

11266814

Shareholders

mr william marc edward brotherton

mr mark david patrick meredith

Group Structure

View All

Industry

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

 

Registered Address

unit 3 petersfield business park, bedford road, petersfield, GU32 3QA

Website

-

barnet evolution ltd Estimated Valuation

£5.8k

Pomanda estimates the enterprise value of BARNET EVOLUTION LTD at £5.8k based on a Turnover of £1.7k and 3.35x industry multiple (adjusted for size and gross margin).

barnet evolution ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of BARNET EVOLUTION LTD at £0 based on an EBITDA of £-2.2k and a 6.55x industry multiple (adjusted for size and gross margin).

barnet evolution ltd Estimated Valuation

£199.3k

Pomanda estimates the enterprise value of BARNET EVOLUTION LTD at £199.3k based on Net Assets of £114.1k and 1.75x industry multiple (adjusted for liquidity).

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Barnet Evolution Ltd Overview

Barnet Evolution Ltd is a live company located in petersfield, GU32 3QA with a Companies House number of 11266814. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2018, it's largest shareholder is mr william marc edward brotherton with a 55% stake. Barnet Evolution Ltd is a young, micro sized company, Pomanda has estimated its turnover at £1.7k with declining growth in recent years.

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Barnet Evolution Ltd Health Check

Pomanda's financial health check has awarded Barnet Evolution Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £1.7k, make it smaller than the average company (£920.2k)

£1.7k - Barnet Evolution Ltd

£920.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -82%, show it is growing at a slower rate (4.9%)

-82% - Barnet Evolution Ltd

4.9% - Industry AVG

production

Production

with a gross margin of 75.3%, this company has a comparable cost of product (75.3%)

75.3% - Barnet Evolution Ltd

75.3% - Industry AVG

profitability

Profitability

an operating margin of -175% make it less profitable than the average company (29.4%)

-175% - Barnet Evolution Ltd

29.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Barnet Evolution Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)

£32.3k - Barnet Evolution Ltd

£32.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.7k, this is less efficient (£177.7k)

£1.7k - Barnet Evolution Ltd

£177.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Barnet Evolution Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 635 days, this is slower than average (38 days)

635 days - Barnet Evolution Ltd

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Barnet Evolution Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 38 weeks, this is more cash available to meet short term requirements (11 weeks)

38 weeks - Barnet Evolution Ltd

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 5.5%, this is a lower level of debt than the average (64.5%)

5.5% - Barnet Evolution Ltd

64.5% - Industry AVG

BARNET EVOLUTION LTD financials

EXPORTms excel logo

Barnet Evolution Ltd's latest turnover from March 2024 is estimated at £1.7 thousand and the company has net assets of £114.1 thousand. According to their latest financial statements, we estimate that Barnet Evolution Ltd has 1 employee and maintains cash reserves of £4.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Jan 2021Jan 2020Jan 2019
Turnover1,74516,097306,159292,54615,717
Other Income Or Grants
Cost Of Sales4314,02483,83387,9514,536
Gross Profit1,31412,072222,326204,59511,181
Admin Expenses4,3688,102-205,185232,021242,89714,418
Operating Profit-3,054-8,102217,257-9,695-38,302-3,237
Interest Payable578523
Interest Receivable73249825221486
Pre-Tax Profit-2,322-7,604216,704-10,195-38,154-3,231
Tax-41,174
Profit After Tax-2,322-7,604175,530-10,195-38,154-3,231
Dividends Paid
Retained Profit-2,322-7,604175,530-10,195-38,154-3,231
Employee Costs32,32229,58981,49528,31027,385
Number Of Employees11311
EBITDA*-2,186-4,536221,0911,242-27,365-2,700

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Jan 2021Jan 2020Jan 2019
Tangible Assets8684,43422,47332,8101,808
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets8684,43422,47332,8101,808
Stock & work in progress2,924,432726,53439,822
Trade Debtors7,500
Group Debtors112,422
Misc Debtors113,179121,19144,67451,68951,0968,216
Cash4,84223,0304166,32437,8791,637
misc current assets2,6972,154
total current assets120,718146,375157,5122,989,945815,50949,675
total assets120,718147,243161,9463,012,418848,31951,483
Bank overdraft17,134
Bank loan
Trade Creditors 7507,19945,60284,9422,064
Group/Directors Accounts5,8445,8442,982,299797,94150,000
other short term finances
hp & lease commitments
other current liabilities24,95330,69718,8636,7212,550
total current liabilities6,59430,79737,8963,063,898889,60454,614
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities6,59430,79737,8963,063,898889,60454,614
net assets114,124116,446124,050-51,480-41,285-3,131
total shareholders funds114,124116,446124,050-51,480-41,285-3,131
Mar 2024Mar 2023Mar 2022Jan 2021Jan 2020Jan 2019
Operating Activities
Operating Profit-3,054-8,102217,257-9,695-38,302-3,237
Depreciation8683,5663,83410,93710,937537
Amortisation
Tax-41,174
Stock-2,924,4322,197,898686,71239,822
Debtors-8,012-35,90597,9078,09342,8808,216
Creditors750-7,199-38,403-39,34082,8782,064
Accruals and Deferred Income-24,953-5,74411,83412,1424,1712,550
Deferred Taxes & Provisions
Cash flow from operations-18,37718,4262,979,873-2,231,947-669,908-46,124
Investing Activities
capital expenditure14,205-600-41,939-2,345
Change in Investments
cash flow from investments14,205-600-41,939-2,345
Financing Activities
Bank loans
Group/Directors Accounts5,844-2,982,2992,184,358747,94150,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest732498-553-5011486
cash flow from financing7326,342-2,982,8522,183,857748,08950,106
cash and cash equivalents
cash-18,18822,614-5,908-31,55536,2421,637
overdraft-17,13417,134
change in cash-18,18822,61411,226-48,68936,2421,637

barnet evolution ltd 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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Barnet Evolution Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for barnet evolution ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in GU32 area or any other competitors across 12 key performance metrics.

barnet evolution ltd Ownership

BARNET EVOLUTION LTD group structure

Barnet Evolution Ltd has no subsidiary companies.

Ultimate parent company

BARNET EVOLUTION LTD

11266814

BARNET EVOLUTION LTD Shareholders

mr william marc edward brotherton 55%
mr mark david patrick meredith 45%

barnet evolution ltd directors

Barnet Evolution Ltd currently has 2 directors. The longest serving directors include Mr William Brotherton (Mar 2018) and Mr Mark Meredith (Mar 2018).

officercountryagestartendrole
Mr William BrothertonEngland50 years Mar 2018- Director
Mr Mark MeredithEngland53 years Mar 2018- Director

P&L

March 2024

turnover

1.7k

0%

operating profit

-3.1k

0%

gross margin

75.4%

0%

turnover

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

Balance Sheet

March 2024

net assets

114.1k

-0.02%

total assets

120.7k

-0.18%

cash

4.8k

-0.79%

net assets

Total assets minus all liabilities

barnet evolution ltd company details

company number

11266814

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

March 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

PAUL WRAGG

auditor

-

address

unit 3 petersfield business park, bedford road, petersfield, GU32 3QA

Bank

-

Legal Advisor

-

barnet evolution 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 did not find charges/mortgages relating to barnet evolution ltd.

barnet evolution 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.

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barnet evolution ltd Companies House Filings - See Documents

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