broadway assets limited
broadway assets limited Company Information
Company Number
11332604
Registered Address
plaistow broadway filling statio, 3 crescent court, billericay, essex, CM12 9AQ
Industry
Development of building projects
Telephone
01277659598
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
plaistow broadway filling stations limited 100%
broadway assets limited Estimated Valuation
Pomanda estimates the enterprise value of BROADWAY ASSETS LIMITED at £42.5k based on a Turnover of £117.7k and 0.36x industry multiple (adjusted for size and gross margin).
broadway assets limited Estimated Valuation
Pomanda estimates the enterprise value of BROADWAY ASSETS LIMITED at £535.9k based on an EBITDA of £195.4k and a 2.74x industry multiple (adjusted for size and gross margin).
broadway assets limited Estimated Valuation
Pomanda estimates the enterprise value of BROADWAY ASSETS LIMITED at £316k based on Net Assets of £204.2k and 1.55x industry multiple (adjusted for liquidity).
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Broadway Assets Limited Overview
Broadway Assets Limited is a live company located in billericay, CM12 9AQ with a Companies House number of 11332604. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2018, it's largest shareholder is plaistow broadway filling stations limited with a 100% stake. Broadway Assets Limited is a young, micro sized company, Pomanda has estimated its turnover at £117.7k with declining growth in recent years.
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Broadway Assets Limited Health Check
Pomanda's financial health check has awarded Broadway Assets Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £117.7k, make it smaller than the average company (£2.1m)
- Broadway Assets Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (2.1%)
- Broadway Assets Limited
2.1% - Industry AVG
Production
with a gross margin of 9.4%, this company has a higher cost of product (25.9%)
- Broadway Assets Limited
25.9% - Industry AVG
Profitability
an operating margin of 166.1% make it more profitable than the average company (8.6%)
- Broadway Assets Limited
8.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Broadway Assets Limited
6 - Industry AVG
Pay Structure
on an average salary of £46.3k, the company has an equivalent pay structure (£46.3k)
- Broadway Assets Limited
£46.3k - Industry AVG
Efficiency
resulting in sales per employee of £39.2k, this is less efficient (£274.3k)
- Broadway Assets Limited
£274.3k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (29 days)
- Broadway Assets Limited
29 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Broadway Assets Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Broadway Assets Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Broadway Assets Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.8%, this is a higher level of debt than the average (74.6%)
85.8% - Broadway Assets Limited
74.6% - Industry AVG
BROADWAY ASSETS LIMITED financials
Broadway Assets Limited's latest turnover from March 2023 is estimated at £117.7 thousand and the company has net assets of £204.2 thousand. According to their latest financial statements, Broadway Assets Limited has 3 employees and maintains cash reserves of £9.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 3 | 3 | 3 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,425,000 | 1,140,000 | 1,100,000 | 1,100,000 | 1,100,042 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,425,000 | 1,140,000 | 1,100,000 | 1,100,000 | 1,100,042 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 471 | 673 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 65 | 1,048 | 499 | 200 |
| Cash | 9,627 | 15,989 | 4,965 | 7,408 | 2,559 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,098 | 16,727 | 6,013 | 7,907 | 2,759 |
| total assets | 1,435,098 | 1,156,727 | 1,106,013 | 1,107,907 | 1,102,801 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 12,919 | 375 |
| Group/Directors Accounts | 1,089,790 | 1,056,267 | 1,069,445 | 1,077,485 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 9,163 | 4,313 | 7,271 | 12,250 | 1,102,864 |
| total current liabilities | 1,098,953 | 1,060,580 | 1,076,716 | 1,102,654 | 1,103,239 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 131,988 | 50,738 | 0 | 0 | 0 |
| total long term liabilities | 131,988 | 50,738 | 0 | 0 | 0 |
| total liabilities | 1,230,941 | 1,111,318 | 1,076,716 | 1,102,654 | 1,103,239 |
| net assets | 204,157 | 45,409 | 29,297 | 5,253 | -438 |
| total shareholders funds | 204,157 | 45,409 | 29,297 | 5,253 | -438 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -267 | -310 | 549 | 299 | 200 |
| Creditors | 0 | 0 | -12,919 | 12,544 | 375 |
| Accruals and Deferred Income | 4,850 | -2,958 | -4,979 | -1,090,614 | 1,102,864 |
| Deferred Taxes & Provisions | 81,250 | 50,738 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 285,000 | 40,000 | 0 | -42 | 1,100,042 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 33,523 | -13,178 | -8,040 | 1,077,485 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -6,362 | 11,024 | -2,443 | 4,849 | 2,559 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -6,362 | 11,024 | -2,443 | 4,849 | 2,559 |
broadway assets limited Credit Report and Business Information
Broadway Assets Limited Competitor Analysis
Perform a competitor analysis for broadway assets limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in CM12 area or any other competitors across 12 key performance metrics.
broadway assets limited Ownership
BROADWAY ASSETS LIMITED group structure
Broadway Assets Limited has no subsidiary companies.
Ultimate parent company
1 parent
BROADWAY ASSETS LIMITED
11332604
broadway assets limited directors
Broadway Assets Limited currently has 3 directors. The longest serving directors include Mr Douglas Panormo (Apr 2018) and Mr Daniel Panormo (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Douglas Panormo | United Kingdom | 76 years | Apr 2018 | - | Director |
| Mr Daniel Panormo | United Kingdom | 49 years | Apr 2018 | - | Director |
| Mr Liam Panormo | United Kingdom | 44 years | Apr 2018 | - | Director |
P&L
March 2023turnover
117.7k
-4%
operating profit
195.4k
0%
gross margin
9.5%
+8.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
204.2k
+3.5%
total assets
1.4m
+0.24%
cash
9.6k
-0.4%
net assets
Total assets minus all liabilities
broadway assets limited company details
company number
11332604
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
April 2018
age
6
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2023
previous names
N/A
accountant
MENZIES LLP
auditor
-
address
plaistow broadway filling statio, 3 crescent court, billericay, essex, CM12 9AQ
Bank
-
Legal Advisor
-
broadway assets 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 found 1 charges/mortgages relating to broadway assets limited. Currently there are 1 open charges and 0 have been satisfied in the past.
broadway assets limited Companies House Filings - See Documents
| date | description | view/download |
|---|
