bimble solar ltd
bimble solar ltd Company Information
Company Number
11812313
Next Accounts
Nov 2025
Shareholders
galactic holdings ltd
grant atkins
Group Structure
View All
Industry
Other research and experimental development on natural sciences and engineering
+3Registered Address
bimble solar swanbourgh farm, nr lewes, east sussex, BN7 3PF
Website
bimblesolar.combimble solar ltd Estimated Valuation
Pomanda estimates the enterprise value of BIMBLE SOLAR LTD at £950.2k based on a Turnover of £1.4m and 0.67x industry multiple (adjusted for size and gross margin).
bimble solar ltd Estimated Valuation
Pomanda estimates the enterprise value of BIMBLE SOLAR LTD at £0 based on an EBITDA of £-225.4k and a 4.77x industry multiple (adjusted for size and gross margin).
bimble solar ltd Estimated Valuation
Pomanda estimates the enterprise value of BIMBLE SOLAR LTD at £0 based on Net Assets of £-555.3k and 2.59x industry multiple (adjusted for liquidity).
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Bimble Solar Ltd Overview
Bimble Solar Ltd is a live company located in east sussex, BN7 3PF with a Companies House number of 11812313. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in February 2019, it's largest shareholder is galactic holdings ltd with a 85% stake. Bimble Solar Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.4m with high growth in recent years.
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Bimble Solar Ltd Health Check
Pomanda's financial health check has awarded Bimble Solar Ltd a 2 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
2 Regular
7 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£5.5m)
- Bimble Solar Ltd
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (11.1%)
- Bimble Solar Ltd
11.1% - Industry AVG
Production
with a gross margin of 41.3%, this company has a comparable cost of product (41.3%)
- Bimble Solar Ltd
41.3% - Industry AVG
Profitability
an operating margin of -21% make it less profitable than the average company (4.9%)
- Bimble Solar Ltd
4.9% - Industry AVG
Employees
with 11 employees, this is below the industry average (29)
11 - Bimble Solar Ltd
29 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
- Bimble Solar Ltd
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £128.1k, this is less efficient (£168.2k)
- Bimble Solar Ltd
£168.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Bimble Solar Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (32 days)
- Bimble Solar Ltd
32 days - Industry AVG
Stock Days
it holds stock equivalent to 378 days, this is more than average (71 days)
- Bimble Solar Ltd
71 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 81 weeks, this is more cash available to meet short term requirements (30 weeks)
81 weeks - Bimble Solar Ltd
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 141%, this is a higher level of debt than the average (51.4%)
141% - Bimble Solar Ltd
51.4% - Industry AVG
BIMBLE SOLAR LTD financials
Bimble Solar Ltd's latest turnover from February 2024 is estimated at £1.4 million and the company has net assets of -£555.3 thousand. According to their latest financial statements, Bimble Solar Ltd has 11 employees and maintains cash reserves of £130.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|---|
| 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 | 11 | 11 | 6 | 3 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 16,386 | 21,442 | 27,073 | 37,984 | 28,686 |
| Intangible Assets | 290,000 | 348,000 | 406,000 | 464,000 | 522,000 |
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 306,386 | 369,442 | 433,073 | 501,984 | 550,686 |
| Stock & work in progress | 857,552 | 952,336 | 393,205 | 413,560 | 348,000 |
| Trade Debtors | |||||
| Group Debtors | |||||
| Misc Debtors | 61,396 | 8,409 | 16,523 | 53,990 | 57,431 |
| Cash | 130,766 | 102,837 | 10,499 | 18,053 | 12,399 |
| misc current assets | |||||
| total current assets | 1,049,714 | 1,063,582 | 420,227 | 485,603 | 417,830 |
| total assets | 1,356,100 | 1,433,024 | 853,300 | 987,587 | 968,516 |
| Bank overdraft | 1,213 | ||||
| Bank loan | |||||
| Trade Creditors | 157 | 157 | |||
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 83,151 | 83,627 | 55,658 | 36,481 | 18,942 |
| total current liabilities | 83,308 | 83,784 | 55,658 | 37,694 | 18,942 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | 1,828,118 | 1,614,833 | 1,390,664 | 1,294,288 | 1,186,326 |
| provisions | 5,144 | ||||
| total long term liabilities | 1,828,118 | 1,614,833 | 1,395,808 | 1,294,288 | 1,186,326 |
| total liabilities | 1,911,426 | 1,698,617 | 1,451,466 | 1,331,982 | 1,205,268 |
| net assets | -555,326 | -265,593 | -598,166 | -344,395 | -236,752 |
| total shareholders funds | -555,326 | -265,593 | -598,166 | -344,395 | -236,752 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 12,461 | 11,154 | 10,911 | 8,265 | 6,439 |
| Amortisation | 58,000 | 58,000 | 58,000 | 58,000 | |
| Tax | |||||
| Stock | -94,784 | 559,131 | -20,355 | 65,560 | 348,000 |
| Debtors | 52,987 | -8,114 | -37,467 | -3,441 | 57,431 |
| Creditors | 157 | ||||
| Accruals and Deferred Income | -476 | 27,969 | 19,177 | 17,539 | 18,942 |
| Deferred Taxes & Provisions | -5,144 | 5,144 | |||
| 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 | 213,285 | 224,169 | 96,376 | 107,962 | 1,186,326 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 27,929 | 92,338 | -7,554 | 5,654 | 12,399 |
| overdraft | -1,213 | 1,213 | |||
| change in cash | 27,929 | 92,338 | -6,341 | 4,441 | 12,399 |
bimble solar ltd Credit Report and Business Information
Bimble Solar Ltd Competitor Analysis
Perform a competitor analysis for bimble solar ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BN7 area or any other competitors across 12 key performance metrics.
bimble solar ltd Ownership
BIMBLE SOLAR LTD group structure
Bimble Solar Ltd has no subsidiary companies.
bimble solar ltd directors
Bimble Solar Ltd currently has 2 directors. The longest serving directors include Mr Michael Goodden (Feb 2019) and Mr Grant Atkins (Apr 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Goodden | United Kingdom | 48 years | Feb 2019 | - | Director |
| Mr Grant Atkins | England | 49 years | Apr 2020 | - | Director |
P&L
February 2024turnover
1.4m
+1%
operating profit
-295.9k
0%
gross margin
41.3%
-3.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
-555.3k
+1.09%
total assets
1.4m
-0.05%
cash
130.8k
+0.27%
net assets
Total assets minus all liabilities
Similar Companies
bimble solar ltd company details
company number
11812313
Type
Private limited with Share Capital
industry
72190 - Other research and experimental development on natural sciences and engineering
46900 - Non-specialised wholesale trade
74901 - Environmental consulting activities
incorporation date
February 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
THE DT GROUP
auditor
-
address
bimble solar swanbourgh farm, nr lewes, east sussex, BN7 3PF
Bank
-
Legal Advisor
-
bimble solar 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 bimble solar ltd.
bimble solar 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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bimble solar ltd Companies House Filings - See Documents
| date | description | view/download |
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