boyce bros (jb&lb) ltd
boyce bros (jb&lb) ltd Company Information
Company Number
11657076
Website
-Registered Address
unit 3 cater road, bristol, BS13 7TT
Industry
Development of building projects
Construction of domestic buildings
Telephone
-
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
george boyce 49%
thomas boyce 49%
View Allboyce bros (jb&lb) ltd Estimated Valuation
Pomanda estimates the enterprise value of BOYCE BROS (JB&LB) LTD at £552k based on a Turnover of £377.1k and 1.46x industry multiple (adjusted for size and gross margin).
boyce bros (jb&lb) ltd Estimated Valuation
Pomanda estimates the enterprise value of BOYCE BROS (JB&LB) LTD at £236.6k based on an EBITDA of £47.1k and a 5.02x industry multiple (adjusted for size and gross margin).
boyce bros (jb&lb) ltd Estimated Valuation
Pomanda estimates the enterprise value of BOYCE BROS (JB&LB) LTD at £0 based on Net Assets of £-18k and 1.53x industry multiple (adjusted for liquidity).
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Boyce Bros (jb&lb) Ltd Overview
Boyce Bros (jb&lb) Ltd is a live company located in bristol, BS13 7TT with a Companies House number of 11657076. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2018, it's largest shareholder is george boyce with a 49% stake. Boyce Bros (jb&lb) Ltd is a young, micro sized company, Pomanda has estimated its turnover at £377.1k with declining growth in recent years.
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Boyce Bros (jb&lb) Ltd Health Check
Pomanda's financial health check has awarded Boyce Bros (Jb&Lb) Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
6 Weak
Size
annual sales of £377.1k, make it smaller than the average company (£1.2m)
- Boyce Bros (jb&lb) Ltd
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (5%)
- Boyce Bros (jb&lb) Ltd
5% - Industry AVG
Production
with a gross margin of 40.6%, this company has a comparable cost of product (40.6%)
- Boyce Bros (jb&lb) Ltd
40.6% - Industry AVG
Profitability
an operating margin of 12.5% make it as profitable than the average company (13.2%)
- Boyce Bros (jb&lb) Ltd
13.2% - Industry AVG
Employees
with 5 employees, this is similar to the industry average (4)
5 - Boyce Bros (jb&lb) Ltd
4 - Industry AVG
Pay Structure
on an average salary of £40.4k, the company has an equivalent pay structure (£40.4k)
- Boyce Bros (jb&lb) Ltd
£40.4k - Industry AVG
Efficiency
resulting in sales per employee of £75.4k, this is less efficient (£219.2k)
- Boyce Bros (jb&lb) Ltd
£219.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Boyce Bros (jb&lb) Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (32 days)
- Boyce Bros (jb&lb) Ltd
32 days - Industry AVG
Stock Days
it holds stock equivalent to 64 days, this is less than average (163 days)
- Boyce Bros (jb&lb) Ltd
163 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (13 weeks)
1 weeks - Boyce Bros (jb&lb) Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 103.8%, this is a higher level of debt than the average (71.4%)
103.8% - Boyce Bros (jb&lb) Ltd
71.4% - Industry AVG
BOYCE BROS (JB&LB) LTD financials
Boyce Bros (Jb&Lb) Ltd's latest turnover from October 2023 is estimated at £377.1 thousand and the company has net assets of -£18 thousand. According to their latest financial statements, Boyce Bros (Jb&Lb) Ltd has 5 employees and maintains cash reserves of £9.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Nov 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 | 5 | 5 | 5 | 5 | 5 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Nov 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 716 | 530 | 706 | 942 | 1,256 |
| Intangible Assets | 0 | 0 | 0 | 0 | 83,098 |
| Investments & Other | 430,266 | 429,810 | 328,427 | 328,427 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 430,982 | 430,340 | 329,133 | 329,369 | 84,354 |
| Stock & work in progress | 39,707 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 453 | 0 |
| Cash | 9,631 | 5,993 | 2,697 | 1,803 | 12,164 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 49,338 | 5,993 | 2,697 | 2,256 | 12,164 |
| total assets | 480,320 | 436,333 | 331,830 | 331,625 | 96,518 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 50,000 | 0 |
| Trade Creditors | 273 | 488 | 488 | 488 | 6,200 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 390,250 | 358,250 | 255,750 | 243,500 | 10,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 107,805 | 100,219 | 93,193 | 58,726 | 87,365 |
| total current liabilities | 498,328 | 458,957 | 349,431 | 352,714 | 103,565 |
| 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 | 498,328 | 458,957 | 349,431 | 352,714 | 103,565 |
| net assets | -18,008 | -22,624 | -17,601 | -21,089 | -7,047 |
| total shareholders funds | -18,008 | -22,624 | -17,601 | -21,089 | -7,047 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Nov 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 189 | 176 | 236 | 314 | 419 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 39,707 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | -453 | 453 | 0 |
| Creditors | -215 | 0 | 0 | -5,712 | 6,200 |
| Accruals and Deferred Income | 7,586 | 7,026 | 34,467 | -28,639 | 87,365 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 456 | 101,383 | 0 | 328,427 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | -50,000 | 50,000 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 32,000 | 102,500 | 12,250 | 233,500 | 10,000 |
| 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 | 3,638 | 3,296 | 894 | -10,361 | 12,164 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 3,638 | 3,296 | 894 | -10,361 | 12,164 |
boyce bros (jb&lb) ltd Credit Report and Business Information
Boyce Bros (jb&lb) Ltd Competitor Analysis
Perform a competitor analysis for boyce bros (jb&lb) ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in BS13 area or any other competitors across 12 key performance metrics.
boyce bros (jb&lb) ltd Ownership
BOYCE BROS (JB&LB) LTD group structure
Boyce Bros (Jb&Lb) Ltd has no subsidiary companies.
Ultimate parent company
BOYCE BROS (JB&LB) LTD
11657076
boyce bros (jb&lb) ltd directors
Boyce Bros (Jb&Lb) Ltd currently has 4 directors. The longest serving directors include Mr George Boyce (Nov 2018) and Mr Thomas Boyce (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr George Boyce | United Kingdom | 27 years | Nov 2018 | - | Director |
| Mr Thomas Boyce | United Kingdom | 25 years | Nov 2018 | - | Director |
| Mrs Laura Boyce | United Kingdom | 63 years | Nov 2018 | - | Director |
| Mr John Boyce | United Kingdom | 62 years | Nov 2018 | - | Director |
P&L
October 2023turnover
377.1k
-13%
operating profit
46.9k
0%
gross margin
40.7%
+2.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-18k
-0.2%
total assets
480.3k
+0.1%
cash
9.6k
+0.61%
net assets
Total assets minus all liabilities
boyce bros (jb&lb) ltd company details
company number
11657076
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
41100 - Development of building projects
41202 - Construction of domestic buildings
incorporation date
November 2018
age
6
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
October 2023
address
unit 3 cater road, bristol, BS13 7TT
accountant
AWG ACCOUNTANTS LTD
auditor
-
boyce bros (jb&lb) 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 boyce bros (jb&lb) ltd.
boyce bros (jb&lb) ltd Companies House Filings - See Documents
| date | description | view/download |
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