bilateral design ltd Company Information
Company Number
11396819
Website
-Registered Address
10 northumberland road, newcastle upon tyne, NE1 8JF
Industry
Specialised design activities
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
christopher sutton 50%
david king 50%
bilateral design ltd Estimated Valuation
Pomanda estimates the enterprise value of BILATERAL DESIGN LTD at £108.9k based on a Turnover of £218.1k and 0.5x industry multiple (adjusted for size and gross margin).
bilateral design ltd Estimated Valuation
Pomanda estimates the enterprise value of BILATERAL DESIGN LTD at £0 based on an EBITDA of £-2.9k and a 3.88x industry multiple (adjusted for size and gross margin).
bilateral design ltd Estimated Valuation
Pomanda estimates the enterprise value of BILATERAL DESIGN LTD at £0 based on Net Assets of £-9.9k and 0.28x industry multiple (adjusted for liquidity).
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Bilateral Design Ltd Overview
Bilateral Design Ltd is a live company located in newcastle upon tyne, NE1 8JF with a Companies House number of 11396819. It operates in the specialised design activities sector, SIC Code 74100. Founded in June 2018, it's largest shareholder is christopher sutton with a 50% stake. Bilateral Design Ltd is a young, micro sized company, Pomanda has estimated its turnover at £218.1k with rapid growth in recent years.
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Bilateral Design Ltd Health Check
Pomanda's financial health check has awarded Bilateral Design Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 3 areas for improvement. Company Health Check FAQs
1 Strong
5 Regular
3 Weak
Size
annual sales of £218.1k, make it in line with the average company (£198k)
- Bilateral Design Ltd
£198k - Industry AVG
Growth
3 year (CAGR) sales growth of 71%, show it is growing at a faster rate (7.2%)
- Bilateral Design Ltd
7.2% - Industry AVG
Production
with a gross margin of 49%, this company has a comparable cost of product (49%)
- Bilateral Design Ltd
49% - Industry AVG
Profitability
an operating margin of -1.3% make it less profitable than the average company (9.1%)
- Bilateral Design Ltd
9.1% - Industry AVG
Employees
with 2 employees, this is similar to the industry average (2)
2 - Bilateral Design Ltd
2 - Industry AVG
Pay Structure
on an average salary of £32.5k, the company has an equivalent pay structure (£32.5k)
- Bilateral Design Ltd
£32.5k - Industry AVG
Efficiency
resulting in sales per employee of £109.1k, this is equally as efficient (£109.1k)
- Bilateral Design Ltd
£109.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Bilateral Design Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Bilateral Design Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bilateral Design Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (31 weeks)
1 weeks - Bilateral Design Ltd
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 296.3%, this is a higher level of debt than the average (56.8%)
296.3% - Bilateral Design Ltd
56.8% - Industry AVG
BILATERAL DESIGN LTD financials
Bilateral Design Ltd's latest turnover from August 2023 is estimated at £218.1 thousand and the company has net assets of -£9.9 thousand. According to their latest financial statements, Bilateral Design Ltd has 2 employees and maintains cash reserves of £309 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
---|---|---|---|---|---|
Turnover | |||||
Other Income Or Grants | |||||
Cost Of Sales | |||||
Gross Profit | 30,858 | 78,822 | |||
Admin Expenses | 19,128 | 54,055 | |||
Operating Profit | 11,730 | 24,767 | |||
Interest Payable | 0 | 0 | |||
Interest Receivable | 0 | 0 | |||
Pre-Tax Profit | 11,730 | 24,767 | |||
Tax | 0 | -4,706 | |||
Profit After Tax | 11,730 | 20,061 | |||
Dividends Paid | 0 | 0 | |||
Retained Profit | 11,730 | 20,061 | |||
Employee Costs | 0 | 50,000 | |||
Number Of Employees | 2 | 2 | 2 | 2 | |
EBITDA* | 11,730 | 24,767 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 390 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 390 | 0 | 0 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 0 | 4,169 | 6,216 | 1,441 |
Group Debtors | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 4,363 | 6,339 | 0 | 0 | 0 |
Cash | 309 | 1,939 | 926 | 9,748 | 3,499 |
misc current assets | 0 | 0 | 0 | 0 | 0 |
total current assets | 4,672 | 8,278 | 5,095 | 15,964 | 4,940 |
total assets | 5,062 | 8,278 | 5,095 | 15,964 | 4,940 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 0 | 0 | 18,171 | 4,877 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 15,000 | 15,390 | 16,019 | 0 | 0 |
total current liabilities | 15,000 | 15,390 | 16,019 | 18,171 | 4,877 |
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 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 |
total liabilities | 15,000 | 15,390 | 16,019 | 18,171 | 4,877 |
net assets | -9,938 | -7,112 | -10,924 | -2,207 | 63 |
total shareholders funds | -9,938 | -7,112 | -10,924 | -2,207 | 63 |
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
---|---|---|---|---|---|
Operating Activities | |||||
Operating Profit | 11,730 | 24,767 | |||
Depreciation | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 |
Tax | 0 | -4,706 | |||
Stock | 0 | 0 | 0 | 0 | 0 |
Debtors | -1,976 | 2,170 | -2,047 | 4,775 | 1,441 |
Creditors | 0 | 0 | -18,171 | 13,294 | 4,877 |
Accruals and Deferred Income | -390 | -629 | 16,019 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 20,249 | 23,497 | |||
Investing Activities | |||||
capital expenditure | |||||
Change in Investments | 390 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||
Financing Activities | |||||
Bank loans | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 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 | 0 | 0 | |||
cash flow from financing | -14,000 | -19,998 | |||
cash and cash equivalents | |||||
cash | -1,630 | 1,013 | -8,822 | 6,249 | 3,499 |
overdraft | 0 | 0 | 0 | 0 | 0 |
change in cash | -1,630 | 1,013 | -8,822 | 6,249 | 3,499 |
bilateral design ltd Credit Report and Business Information
Bilateral Design Ltd Competitor Analysis
Perform a competitor analysis for bilateral design ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in NE1 area or any other competitors across 12 key performance metrics.
bilateral design ltd Ownership
BILATERAL DESIGN LTD group structure
Bilateral Design Ltd has no subsidiary companies.
Ultimate parent company
BILATERAL DESIGN LTD
11396819
bilateral design ltd directors
Bilateral Design Ltd currently has 2 directors. The longest serving directors include Mr Christopher Sutton (Jun 2018) and Mr David King (Jun 2018).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Christopher Sutton | England | 51 years | Jun 2018 | - | Director |
Mr David King | United Kingdom | 62 years | Jun 2018 | - | Director |
P&L
August 2023turnover
218.1k
+12%
operating profit
-2.9k
0%
gross margin
49.1%
-8.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-9.9k
+0.4%
total assets
5.1k
-0.39%
cash
309
-0.84%
net assets
Total assets minus all liabilities
bilateral design ltd company details
company number
11396819
Type
Private limited with Share Capital
industry
74100 - Specialised design activities
incorporation date
June 2018
age
6
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
August 2023
address
10 northumberland road, newcastle upon tyne, NE1 8JF
accountant
-
auditor
-
bilateral design 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 bilateral design ltd.
bilateral design ltd Companies House Filings - See Documents
date | description | view/download |
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