bb bikes midlands ltd
bb bikes midlands ltd Company Information
Group Structure
View All
Industry
Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Registered Address
smestow grange farm smestow, swindon, dudley, DY3 4PJ
Website
-bb bikes midlands ltd Estimated Valuation
Pomanda estimates the enterprise value of BB BIKES MIDLANDS LTD at £28.8k based on a Turnover of £53.5k and 0.54x industry multiple (adjusted for size and gross margin).
bb bikes midlands ltd Estimated Valuation
Pomanda estimates the enterprise value of BB BIKES MIDLANDS LTD at £0 based on an EBITDA of £-26.4k and a 2.42x industry multiple (adjusted for size and gross margin).
bb bikes midlands ltd Estimated Valuation
Pomanda estimates the enterprise value of BB BIKES MIDLANDS LTD at £0 based on Net Assets of £-28.7k and 2.38x industry multiple (adjusted for liquidity).
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Bb Bikes Midlands Ltd Overview
Bb Bikes Midlands Ltd is a live company located in dudley, DY3 4PJ with a Companies House number of 11435359. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in June 2018, it's largest shareholder is billy bayliss with a 100% stake. Bb Bikes Midlands Ltd is a young, micro sized company, Pomanda has estimated its turnover at £53.5k with declining growth in recent years.
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Bb Bikes Midlands Ltd Health Check
Pomanda's financial health check has awarded Bb Bikes Midlands Ltd a 1.5 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 £53.5k, make it smaller than the average company (£9.5m)
- Bb Bikes Midlands Ltd
£9.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (5.8%)
- Bb Bikes Midlands Ltd
5.8% - Industry AVG
Production
with a gross margin of 28.3%, this company has a higher cost of product (46.2%)
- Bb Bikes Midlands Ltd
46.2% - Industry AVG
Profitability
an operating margin of -49.4% make it less profitable than the average company (11.7%)
- Bb Bikes Midlands Ltd
11.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (39)
1 - Bb Bikes Midlands Ltd
39 - Industry AVG
Pay Structure
on an average salary of £44.7k, the company has an equivalent pay structure (£44.7k)
- Bb Bikes Midlands Ltd
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £53.5k, this is less efficient (£207.2k)
- Bb Bikes Midlands Ltd
£207.2k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (59 days)
- Bb Bikes Midlands Ltd
59 days - Industry AVG
Creditor Days
its suppliers are paid after 255 days, this is slower than average (52 days)
- Bb Bikes Midlands Ltd
52 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bb Bikes Midlands Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Bb Bikes Midlands Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8310%, this is a higher level of debt than the average (64.5%)
8310% - Bb Bikes Midlands Ltd
64.5% - Industry AVG
BB BIKES MIDLANDS LTD financials
Bb Bikes Midlands Ltd's latest turnover from June 2023 is estimated at £53.5 thousand and the company has net assets of -£28.7 thousand. According to their latest financial statements, Bb Bikes Midlands Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 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 | 1 | 1 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | |||||
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | |||||
| Stock & work in progress | |||||
| Trade Debtors | 350 | 2,305 | |||
| Group Debtors | |||||
| Misc Debtors | |||||
| Cash | |||||
| misc current assets | |||||
| total current assets | 350 | 2,305 | |||
| total assets | 350 | 2,305 | |||
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 26,853 | 3,592 | 2,961 | ||
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | |||||
| total current liabilities | 26,853 | 3,592 | 2,961 | ||
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | 2,232 | 1,032 | 480 | 480 | |
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | 2,232 | 1,032 | 480 | 480 | |
| total liabilities | 29,085 | 4,624 | 480 | 480 | 2,961 |
| net assets | -28,735 | -2,319 | -480 | -480 | -2,961 |
| total shareholders funds | -28,735 | -2,319 | -480 | -480 | -2,961 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | -1,955 | 2,305 | |||
| Creditors | 23,261 | 3,592 | -2,961 | 2,961 | |
| Accruals and Deferred Income | 1,200 | 552 | 480 | ||
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | |||||
| overdraft | |||||
| change in cash |
bb bikes midlands ltd Credit Report and Business Information
Bb Bikes Midlands Ltd Competitor Analysis
Perform a competitor analysis for bb bikes midlands ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in DY3 area or any other competitors across 12 key performance metrics.
bb bikes midlands ltd Ownership
BB BIKES MIDLANDS LTD group structure
Bb Bikes Midlands Ltd has no subsidiary companies.
Ultimate parent company
BB BIKES MIDLANDS LTD
11435359
bb bikes midlands ltd directors
Bb Bikes Midlands Ltd currently has 1 director, Mr Billy Bayliss serving since Jun 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Billy Bayliss | England | 32 years | Jun 2018 | - | Director |
P&L
June 2023turnover
53.5k
+14%
operating profit
-26.4k
0%
gross margin
28.3%
+3.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-28.7k
+11.39%
total assets
350
-0.85%
cash
0
0%
net assets
Total assets minus all liabilities
bb bikes midlands ltd company details
company number
11435359
Type
Private limited with Share Capital
industry
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
incorporation date
June 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
b.b. sound hire limited (June 2021)
accountant
-
auditor
-
address
smestow grange farm smestow, swindon, dudley, DY3 4PJ
Bank
-
Legal Advisor
-
bb bikes midlands 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 bb bikes midlands ltd.
bb bikes midlands 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 BB BIKES MIDLANDS LTD. This can take several minutes, an email will notify you when this has completed.
bb bikes midlands ltd Companies House Filings - See Documents
| date | description | view/download |
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