Pomanda estimates the enterprise value of BARTONGATE LTD at £589.1k based on a Turnover of £1.7m and 0.35x industry multiple (adjusted for size and gross margin).
bartongate ltdEstimated Valuation
£281.1k
Pomanda estimates the enterprise value of BARTONGATE LTD at £281.1k based on an EBITDA of £73.1k and a 3.84x industry multiple (adjusted for size and gross margin).
bartongate ltdEstimated Valuation
£518.1k
Pomanda estimates the enterprise value of BARTONGATE LTD at £518.1k based on Net Assets of £261.7k and 1.98x industry multiple (adjusted for liquidity).
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Bartongate LtdOverview
Bartongate Ltd is a live company located in birmingham, B18 6PT with a Companies House number of 11294995. It operates in the dispensing chemist in specialised stores sector, SIC Code 47730. Founded in April 2018, it's largest shareholder is
khalid hussain
with a 75% stake. Bartongate Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£1.7m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Bartongate Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
2 Strong
6 Regular
4 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£13.3m)
£1.7m - Bartongate Ltd
£13.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (7.7%)
13% - Bartongate Ltd
7.7% - Industry AVG
Production
with a gross margin of 31.2%, this company has a comparable cost of product (31.2%)
31.2% - Bartongate Ltd
31.2% - Industry AVG
Profitability
an operating margin of 2.9% make it as profitable than the average company (2.6%)
2.9% - Bartongate Ltd
2.6% - Industry AVG
Employees
with 18 employees, this is below the industry average (72)
18 - Bartongate Ltd
72 - Industry AVG
Pay Structure
on an average salary of £27.8k, the company has an equivalent pay structure (£27.8k)
£27.8k - Bartongate Ltd
£27.8k - Industry AVG
Efficiency
resulting in sales per employee of £94k, this is less efficient (£149.4k)
£94k - Bartongate Ltd
£149.4k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is near the average (28 days)
33 days - Bartongate Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 65 days, this is close to average (60 days)
65 days - Bartongate Ltd
60 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is less than average (34 days)
20 days - Bartongate Ltd
34 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 11 weeks, this is less cash available to meet short term requirements (14 weeks)
11 weeks - Bartongate Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.3%, this is a similar level of debt than the average (57.4%)
56.3% - Bartongate Ltd
57.4% - Industry AVG
BARTONGATE LTD financials
EXPORT
Bartongate Ltd's latest turnover from April 2024 is estimated at £1.7 million and the company has net assets of £261.7 thousand. According to their latest financial statements, Bartongate Ltd has 18 employees and maintains cash reserves of £71.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Turnover
1,691,234
1,416,647
1,262,358
1,183,073
1,403,933
1,217
Other Income Or Grants
Cost Of Sales
1,164,352
952,690
838,147
803,281
969,809
832
Gross Profit
526,882
463,957
424,211
379,792
434,124
385
Admin Expenses
477,899
321,018
322,681
292,330
476,786
262
Operating Profit
48,983
142,939
101,530
87,462
-42,662
123
Interest Payable
1,688
1,525
Interest Receivable
5,864
5,823
984
73
3
Pre-Tax Profit
54,847
148,763
100,827
86,010
-42,659
123
Tax
-13,712
-37,191
-19,157
-16,342
-23
Profit After Tax
41,135
111,572
81,670
69,668
-42,659
100
Dividends Paid
Retained Profit
41,135
111,572
81,670
69,668
-42,659
100
Employee Costs
500,354
378,636
276,676
257,712
224,551
20,740
Number Of Employees
18
15
12
12
11
1
EBITDA*
73,124
169,203
127,460
115,907
-37,805
123
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Tangible Assets
60,710
73,326
74,749
89,153
97,544
Intangible Assets
182,495
194,021
205,547
217,073
228,599
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
243,205
267,347
280,296
306,226
326,143
Stock & work in progress
64,393
68,103
71,476
65,000
45,289
Trade Debtors
154,318
136,503
110,566
118,448
209,598
100
Group Debtors
Misc Debtors
65,708
76,945
56,816
93,330
95,480
Cash
71,410
151,984
122,054
140,401
5,268
misc current assets
total current assets
355,829
433,535
360,912
417,179
355,635
100
total assets
599,034
700,882
641,208
723,405
681,778
100
Bank overdraft
Bank loan
Trade Creditors
208,520
221,691
245,540
230,323
260,646
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
126,154
255,972
286,689
415,773
463,491
total current liabilities
334,674
477,663
532,229
646,096
724,137
loans
50,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
2,674
2,668
total long term liabilities
2,674
2,668
50,000
total liabilities
337,348
480,331
532,229
696,096
724,137
net assets
261,686
220,551
108,979
27,309
-42,359
100
total shareholders funds
261,686
220,551
108,979
27,309
-42,359
100
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Operating Activities
Operating Profit
48,983
142,939
101,530
87,462
-42,662
123
Depreciation
12,615
14,738
14,404
16,919
2,936
Amortisation
11,526
11,526
11,526
11,526
1,921
Tax
-13,712
-37,191
-19,157
-16,342
-23
Stock
-3,710
-3,373
6,476
19,711
45,289
Debtors
6,578
46,066
-44,396
-93,300
304,978
100
Creditors
-13,171
-23,849
15,217
-30,323
260,646
Accruals and Deferred Income
-129,818
-30,717
-129,084
-47,718
463,491
Deferred Taxes & Provisions
6
2,668
Cash flow from operations
-86,439
37,421
32,356
95,113
336,065
Investing Activities
capital expenditure
1
-13,315
-8,528
-331,000
Change in Investments
cash flow from investments
1
-13,315
-8,528
-331,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-50,000
50,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
200
interest
5,864
5,823
-704
-1,452
3
cash flow from financing
5,864
5,823
-50,704
48,548
203
cash and cash equivalents
cash
-80,574
29,930
-18,347
135,133
5,268
overdraft
change in cash
-80,574
29,930
-18,347
135,133
5,268
bartongate ltd 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 bartongate ltd. Get real-time insights into bartongate ltd's credit score, group structure and payment trends.
Perform a competitor analysis for bartongate 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 B18 area or any other competitors across 12 key performance metrics.
bartongate ltd Ownership
BARTONGATE LTD group structure
Bartongate Ltd has no subsidiary companies.
Ultimate parent company
BARTONGATE LTD
11294995
BARTONGATE LTD Shareholders
The largest shareholders in Bartongate Ltd include Khalid Hussain and Mohammed Abrar Ahmed.
khalid hussain
75%
mohammed abrar ahmed
25%
bartongate ltd directors
Bartongate Ltd currently has 2 directors.
The longest serving directors include
Mr Khalid Hussain (Apr 2018) and
Mr Mohammed Ahmed (Mar 2020).
unit 4 hockley industrial estate, pitsford street, birmingham, B18 6PT
Bank
-
Legal Advisor
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bartongate 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 bartongate ltd.
bartongate 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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bartongate ltdCompanies House Filings - See Documents
