bridge cheese ltd
bridge cheese ltd Company Information
Company Number
11541077
Next Accounts
Jun 2025
Shareholders
deimante jodokeviciute
michael harte
View AllGroup Structure
View All
Industry
Butter and cheese production
Registered Address
unit 13 stafford park 13, telford, TF3 3AZ
Website
https://www.bridgecheese.combridge cheese ltd Estimated Valuation
Pomanda estimates the enterprise value of BRIDGE CHEESE LTD at £21m based on a Turnover of £30.5m and 0.69x industry multiple (adjusted for size and gross margin).
bridge cheese ltd Estimated Valuation
Pomanda estimates the enterprise value of BRIDGE CHEESE LTD at £7.4m based on an EBITDA of £1.3m and a 5.7x industry multiple (adjusted for size and gross margin).
bridge cheese ltd Estimated Valuation
Pomanda estimates the enterprise value of BRIDGE CHEESE LTD at £5.2m based on Net Assets of £2.6m and 1.97x industry multiple (adjusted for liquidity).
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Bridge Cheese Ltd Overview
Bridge Cheese Ltd is a live company located in telford, TF3 3AZ with a Companies House number of 11541077. It operates in the butter and cheese production sector, SIC Code 10512. Founded in August 2018, it's largest shareholder is deimante jodokeviciute with a 60% stake. Bridge Cheese Ltd is a young, large sized company, Pomanda has estimated its turnover at £30.5m with rapid growth in recent years.
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Bridge Cheese Ltd Health Check
Pomanda's financial health check has awarded Bridge Cheese Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £30.5m, make it smaller than the average company (£54.4m)
£30.5m - Bridge Cheese Ltd
£54.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (11.7%)
- Bridge Cheese Ltd
11.7% - Industry AVG
Production
with a gross margin of 10.6%, this company has a higher cost of product (17.2%)
10.6% - Bridge Cheese Ltd
17.2% - Industry AVG
Profitability
an operating margin of 4.1% make it as profitable than the average company (5%)
4.1% - Bridge Cheese Ltd
5% - Industry AVG
Employees
with 67 employees, this is below the industry average (113)
67 - Bridge Cheese Ltd
113 - Industry AVG
Pay Structure
on an average salary of £13.9k, the company has a lower pay structure (£37.6k)
£13.9k - Bridge Cheese Ltd
£37.6k - Industry AVG
Efficiency
resulting in sales per employee of £455.6k, this is equally as efficient (£400.3k)
£455.6k - Bridge Cheese Ltd
£400.3k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (35 days)
26 days - Bridge Cheese Ltd
35 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (36 days)
29 days - Bridge Cheese Ltd
36 days - Industry AVG
Stock Days
it holds stock equivalent to 23 days, this is less than average (48 days)
23 days - Bridge Cheese Ltd
48 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 23 weeks, this is more cash available to meet short term requirements (8 weeks)
23 weeks - Bridge Cheese Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.7%, this is a similar level of debt than the average (54.3%)
56.7% - Bridge Cheese Ltd
54.3% - Industry AVG
BRIDGE CHEESE LTD financials
Bridge Cheese Ltd's latest turnover from September 2023 is £30.5 million and the company has net assets of £2.6 million. According to their latest financial statements, Bridge Cheese Ltd has 67 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Turnover | 30,524,593 | ||||
| Other Income Or Grants | 0 | ||||
| Cost Of Sales | 27,300,923 | ||||
| Gross Profit | 3,223,670 | ||||
| Admin Expenses | 1,981,681 | ||||
| Operating Profit | 1,241,989 | ||||
| Interest Payable | 0 | ||||
| Interest Receivable | 0 | ||||
| Pre-Tax Profit | 1,243,918 | ||||
| Tax | -275,630 | ||||
| Profit After Tax | 968,288 | ||||
| Dividends Paid | 0 | ||||
| Retained Profit | 968,288 | ||||
| Employee Costs | 928,549 | ||||
| Number Of Employees | 67 | 54 | 27 | 2 | 2 |
| EBITDA* | 1,304,443 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 522,086 | 480,424 | 295,750 | 64,220 | 59,078 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 522,086 | 480,424 | 295,750 | 64,220 | 59,078 |
| Stock & work in progress | 1,737,560 | 4,183,959 | 1,055,682 | 951,492 | 981,050 |
| Trade Debtors | 2,203,161 | 3,013,761 | 2,552,407 | 1,586,471 | 1,144,273 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 117,364 | 25,667 | 163,684 | 87,651 | 100,555 |
| Cash | 1,451,949 | 17,755 | 307,625 | 415,835 | 177,156 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,510,034 | 7,241,142 | 4,079,398 | 3,041,449 | 2,403,034 |
| total assets | 6,032,120 | 7,721,566 | 4,375,148 | 3,105,669 | 2,462,112 |
| Bank overdraft | 0 | 1,373,774 | 10,000 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,212,080 | 3,271,252 | 2,959,230 | 2,030,096 | 1,106,702 |
| 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 | 1,049,437 | 1,173,993 | 421,685 | 566,242 | 1,219,625 |
| total current liabilities | 3,261,517 | 5,819,019 | 3,390,915 | 2,596,338 | 2,326,327 |
| loans | 26,041 | 36,689 | 37,338 | 50,000 | 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 | 130,522 | 120,106 | 56,193 | 12,202 | 11,225 |
| total long term liabilities | 156,563 | 156,795 | 93,531 | 62,202 | 11,225 |
| total liabilities | 3,418,080 | 5,975,814 | 3,484,446 | 2,658,540 | 2,337,552 |
| net assets | 2,614,040 | 1,745,752 | 890,702 | 447,129 | 124,560 |
| total shareholders funds | 2,614,040 | 1,745,752 | 890,702 | 447,129 | 124,560 |
| Sep 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 1,241,989 | ||||
| Depreciation | 62,454 | 38,206 | 8,620 | 6,204 | 5,626 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | -275,630 | ||||
| Stock | -2,446,399 | 3,128,277 | 104,190 | -29,558 | 981,050 |
| Debtors | -718,903 | 323,337 | 1,041,969 | 429,294 | 1,244,828 |
| Creditors | -1,059,172 | 312,022 | 929,134 | 923,394 | 1,106,702 |
| Accruals and Deferred Income | -124,556 | 752,308 | -144,557 | -653,383 | 1,219,625 |
| Deferred Taxes & Provisions | 10,416 | 63,913 | 43,991 | 977 | 11,225 |
| Cash flow from operations | 3,020,803 | ||||
| Investing Activities | |||||
| capital expenditure | 0 | ||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | ||||
| 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 | -10,648 | -649 | -12,662 | 50,000 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | 0 | ||||
| cash flow from financing | -110,648 | ||||
| cash and cash equivalents | |||||
| cash | 1,434,194 | -289,870 | -108,210 | 238,679 | 177,156 |
| overdraft | -1,373,774 | 1,363,774 | 10,000 | 0 | 0 |
| change in cash | 2,807,968 | -1,653,644 | -118,210 | 238,679 | 177,156 |
bridge cheese ltd Credit Report and Business Information
Bridge Cheese Ltd Competitor Analysis
Perform a competitor analysis for bridge cheese ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in TF3 area or any other competitors across 12 key performance metrics.
bridge cheese ltd Ownership
BRIDGE CHEESE LTD group structure
Bridge Cheese Ltd has no subsidiary companies.
Ultimate parent company
BRIDGE CHEESE LTD
11541077
bridge cheese ltd directors
Bridge Cheese Ltd currently has 3 directors. The longest serving directors include Mr Martin Bowden (Aug 2018) and Mr Michael Harte (Aug 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Bowden | United Kingdom | 41 years | Aug 2018 | - | Director |
| Mr Michael Harte | England | 51 years | Aug 2018 | - | Director |
| Miss Deimante Jodokeviciute | United Kingdom | 39 years | Aug 2018 | - | Director |
P&L
September 2023turnover
30.5m
0%
operating profit
1.2m
0%
gross margin
10.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
2.6m
+0.5%
total assets
6m
-0.22%
cash
1.5m
+80.78%
net assets
Total assets minus all liabilities
bridge cheese ltd company details
company number
11541077
Type
Private limited with Share Capital
industry
10512 - Butter and cheese production
incorporation date
August 2018
age
7
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
TEMPLETONS (UK) LTD
address
unit 13 stafford park 13, telford, TF3 3AZ
Bank
-
Legal Advisor
-
bridge cheese 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 bridge cheese ltd.
bridge cheese 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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bridge cheese ltd Companies House Filings - See Documents
| date | description | view/download |
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