british speedway promoters limitedEstimated Valuation
£2.3m
Pomanda estimates the enterprise value of BRITISH SPEEDWAY PROMOTERS LIMITED at £2.3m based on a Turnover of £2.5m and 0.9x industry multiple (adjusted for size and gross margin).
british speedway promoters limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of BRITISH SPEEDWAY PROMOTERS LIMITED at £0 based on an EBITDA of £-57.8k and a 3.08x industry multiple (adjusted for size and gross margin).
british speedway promoters limitedEstimated Valuation
£1.2m
Pomanda estimates the enterprise value of BRITISH SPEEDWAY PROMOTERS LIMITED at £1.2m based on Net Assets of £625.1k and 1.91x industry multiple (adjusted for liquidity).
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British Speedway Promoters LimitedOverview
British Speedway Promoters Limited is a live company located in warwickshire, CV21 2YX with a Companies House number of 11808346. It operates in the other sports activities sector, SIC Code 93199. Founded in February 2019, it's largest shareholder is
unknown.
British Speedway Promoters Limited is a young,
small sized company, Pomanda has estimated its turnover at
£2.5m with
declining
growth in recent years.
Pomanda's financial health check has awarded British Speedway Promoters Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
3 Strong
3 Regular
6 Weak
Size
annual sales of £2.5m, make it larger than the average company (£558.9k)
£2.5m - British Speedway Promoters Limited
£558.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -33%, show it is growing at a slower rate (11.4%)
-33% - British Speedway Promoters Limited
11.4% - Industry AVG
Production
with a gross margin of 44.3%, this company has a comparable cost of product (44.3%)
44.3% - British Speedway Promoters Limited
44.3% - Industry AVG
Profitability
an operating margin of -2.3% make it less profitable than the average company (2.1%)
-2.3% - British Speedway Promoters Limited
2.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (13)
3 - British Speedway Promoters Limited
13 - Industry AVG
Pay Structure
on an average salary of £27k, the company has an equivalent pay structure (£27k)
£27k - British Speedway Promoters Limited
£27k - Industry AVG
Efficiency
resulting in sales per employee of £844.5k, this is more efficient (£64.5k)
£844.5k - British Speedway Promoters Limited
£64.5k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is later than average (16 days)
44 days - British Speedway Promoters Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (32 days)
0 days - British Speedway Promoters Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 36 days, this is more than average (16 days)
36 days - British Speedway Promoters Limited
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 73 weeks, this is average cash available to meet short term requirements (63 weeks)
73 weeks - British Speedway Promoters Limited
63 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33%, this is a lower level of debt than the average (41.7%)
33% - British Speedway Promoters Limited
41.7% - Industry AVG
BRITISH SPEEDWAY PROMOTERS LIMITED financials
EXPORT
British Speedway Promoters Limited's latest turnover from January 2024 is estimated at £2.5 million and the company has net assets of £625.1 thousand. According to their latest financial statements, British Speedway Promoters Limited has 3 employees and maintains cash reserves of £435.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Turnover
2,533,632
7,787,079
11,235,761
8,314,075
160,268
Other Income Or Grants
Cost Of Sales
1,412,149
4,573,835
6,099,827
4,726,941
90,840
Gross Profit
1,121,483
3,213,244
5,135,934
3,587,134
69,429
Admin Expenses
1,179,869
3,187,050
4,993,385
3,985,116
69,429
Operating Profit
-58,386
26,194
142,549
-397,982
Interest Payable
Interest Receivable
11,422
Pre-Tax Profit
-46,964
26,194
142,549
-397,982
Tax
-4,977
-27,084
Profit After Tax
-46,964
21,217
115,465
-397,982
Dividends Paid
Retained Profit
-46,964
21,217
115,465
-397,982
Employee Costs
80,862
52,888
50,904
46,495
67,652
Number Of Employees
3
2
2
2
3
EBITDA*
-57,832
26,194
142,549
-397,982
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Tangible Assets
1,870
14,194
40,842
40,000
Intangible Assets
36,500
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
38,370
14,194
40,842
40,000
Stock & work in progress
142,954
Trade Debtors
311,808
718,516
967,352
690,843
10,000
Group Debtors
Misc Debtors
4,486
Cash
435,128
misc current assets
total current assets
894,376
718,516
967,352
690,843
10,000
total assets
932,746
732,710
1,008,194
730,843
10,000
Bank overdraft
Bank loan
Trade Creditors
2,799
741,310
741,986
679,253
10,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
304,819
total current liabilities
307,618
741,310
741,986
679,253
10,000
loans
hp & lease commitments
Accruals and Deferred Income
3,700
295,725
295,572
other liabilities
249,000
253,000
154,000
provisions
total long term liabilities
252,700
548,725
449,572
total liabilities
307,618
994,010
1,290,711
1,128,825
10,000
net assets
625,128
-261,300
-282,517
-397,982
total shareholders funds
625,128
-261,300
-282,517
-397,982
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Operating Activities
Operating Profit
-58,386
26,194
142,549
-397,982
Depreciation
554
Amortisation
Tax
-4,977
-27,084
Stock
142,954
Debtors
-402,222
-248,836
276,509
680,843
10,000
Creditors
-738,511
-676
62,733
669,253
10,000
Accruals and Deferred Income
301,119
-292,025
153
295,572
Deferred Taxes & Provisions
Cash flow from operations
-235,956
-22,648
-98,158
-114,000
Investing Activities
capital expenditure
-24,730
26,648
-842
-40,000
Change in Investments
cash flow from investments
-24,730
26,648
-842
-40,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-249,000
-4,000
99,000
154,000
share issue
933,392
interest
11,422
cash flow from financing
695,814
-4,000
99,000
154,000
cash and cash equivalents
cash
435,128
overdraft
change in cash
435,128
british speedway promoters limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for british speedway promoters limited. Get real-time insights into british speedway promoters limited's credit score, group structure and payment trends.
British Speedway Promoters Limited Competitor Analysis
Perform a competitor analysis for british speedway promoters limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in CV21 area or any other competitors across 12 key performance metrics.
british speedway promoters limited Ownership
BRITISH SPEEDWAY PROMOTERS LIMITED group structure
British Speedway Promoters Limited has no subsidiary companies.
Ultimate parent company
BRITISH SPEEDWAY PROMOTERS LIMITED
11808346
BRITISH SPEEDWAY PROMOTERS LIMITED Shareholders
The sole shareholder of British Speedway Promoters Limited is -.
-
-
british speedway promoters limited directors
British Speedway Promoters Limited currently has 4 directors.
The longest serving directors include
Mr Damien Bates (Feb 2019) and
Mr Robert Godfrey (Feb 2019).
british speedway promoters limited company details
company number
11808346
Type
Private Ltd By Guarantee w/o Share Cap
industry
93199 - Other sports activities (not including activities of racehorse owners) n.e.c.
incorporation date
February 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
a.c.u house wood street, rugby, warwickshire, CV21 2YX
Bank
-
Legal Advisor
-
british speedway promoters 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 did not find charges/mortgages relating to british speedway promoters limited.
british speedway promoters limited 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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british speedway promoters limitedCompanies House Filings - See Documents
