Pomanda estimates the enterprise value of BALTA FLOORCOVERING UK LIMITED at £28.2m based on a Turnover of £49m and 0.58x industry multiple (adjusted for size and gross margin).
balta floorcovering uk limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of BALTA FLOORCOVERING UK LIMITED at £0 based on an EBITDA of £-2.6m and a 6.02x industry multiple (adjusted for size and gross margin).
balta floorcovering uk limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of BALTA FLOORCOVERING UK LIMITED at £0 based on Net Assets of £-14.6m and 1.49x industry multiple (adjusted for liquidity).
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Balta Floorcovering Uk LimitedOverview
Balta Floorcovering Uk Limited is a live company located in worcestershire, DY10 1JR with a Companies House number of 11978782. It operates in the manufacture of woven or tufted carpets and rugs sector, SIC Code 13931. Founded in May 2019, it's largest shareholder is
balta industries nv
with a 100% stake. Balta Floorcovering Uk Limited is a young,
large sized company, Pomanda has estimated its turnover at
£49m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Balta Floorcovering Uk Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
5 Strong
1 Regular
5 Weak
Size
annual sales of £49m, make it larger than the average company (£13.3m)
£49m - Balta Floorcovering Uk Limited
£13.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 231%, show it is growing at a faster rate (7.3%)
231% - Balta Floorcovering Uk Limited
7.3% - Industry AVG
Production
with a gross margin of 16.9%, this company has a higher cost of product (29.3%)
16.9% - Balta Floorcovering Uk Limited
29.3% - Industry AVG
Profitability
an operating margin of -7.5% make it less profitable than the average company (2.8%)
-7.5% - Balta Floorcovering Uk Limited
2.8% - Industry AVG
Employees
with 108 employees, this is above the industry average (44)
108 - Balta Floorcovering Uk Limited
44 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Balta Floorcovering Uk Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £453.6k, this is more efficient (£303.7k)
£453.6k - Balta Floorcovering Uk Limited
£303.7k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is near the average (42 days)
48 days - Balta Floorcovering Uk Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (29 days)
15 days - Balta Floorcovering Uk Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 55 days, this is less than average (101 days)
55 days - Balta Floorcovering Uk Limited
101 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (14 weeks)
1 weeks - Balta Floorcovering Uk Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 177.8%, this is a higher level of debt than the average (55%)
177.8% - Balta Floorcovering Uk Limited
55% - Industry AVG
BALTA FLOORCOVERING UK LIMITED financials
EXPORT
Balta Floorcovering Uk Limited's latest turnover from March 2024 is £49 million and the company has net assets of -£14.6 million. According to their latest financial statements, we estimate that Balta Floorcovering Uk Limited has 108 employees and maintains cash reserves of £488.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Apr 2023
Dec 2021
Dec 2020
Dec 2019
Turnover
48,984,373
3,191,876
1,352,436
1,399,981
91,461
Other Income Or Grants
Cost Of Sales
40,717,850
2,000,981
Gross Profit
8,266,523
1,190,895
1,352,436
1,399,981
91,461
Admin Expenses
11,945,469
15,765,111
1,277,721
1,333,227
87,106
Operating Profit
-3,678,946
-14,574,216
74,715
66,754
4,355
Interest Payable
6,782
88
Interest Receivable
203,885
Pre-Tax Profit
-3,475,061
-14,580,998
74,715
66,666
4,355
Tax
3,379,492
-48,056
-14,181
-13,077
-935
Profit After Tax
-95,569
-14,629,054
60,534
53,589
3,420
Dividends Paid
Retained Profit
-95,569
-14,629,054
60,534
53,589
3,420
Employee Costs
708,584
1,037,470
1,113,002
31,095
Number Of Employees
108
7
17
20
6
EBITDA*
-2,561,751
-14,569,471
74,715
66,754
4,355
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Apr 2023
Dec 2021
Dec 2020
Dec 2019
Tangible Assets
1,772,660
857,443
Intangible Assets
Investments & Other
3,339,394
Debtors (Due After 1 year)
Total Fixed Assets
5,112,054
857,443
Stock & work in progress
6,180,297
2,185,398
Trade Debtors
6,467,761
1,993,545
Group Debtors
357,906
393,790
90,829
91,461
Misc Debtors
163,681
61,284
62,775
12,063
Cash
488,825
700,099
57,421
105,715
2,353
misc current assets
total current assets
13,658,470
4,879,042
512,495
259,319
105,877
total assets
18,770,524
5,736,485
512,495
259,319
105,877
Bank overdraft
Bank loan
Trade Creditors
1,759,156
106,956
49,998
11,975
Group/Directors Accounts
13,276,290
2,563,112
247,815
96,667
77,701
other short term finances
3,988,985
hp & lease commitments
other current liabilities
311,760
297,699
92,139
88,668
19,756
total current liabilities
19,336,191
2,967,767
389,952
197,310
97,457
loans
14,036,413
17,275,229
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
14,036,413
17,275,229
total liabilities
33,372,604
20,242,996
389,952
197,310
97,457
net assets
-14,602,080
-14,506,511
122,543
62,009
8,420
total shareholders funds
-14,602,080
-14,506,511
122,543
62,009
8,420
Mar 2024
Apr 2023
Dec 2021
Dec 2020
Dec 2019
Operating Activities
Operating Profit
-3,678,946
-14,574,216
74,715
66,754
4,355
Depreciation
1,117,195
4,745
Amortisation
Tax
3,379,492
-48,056
-14,181
-13,077
-935
Stock
3,994,899
2,185,398
Debtors
4,995,803
1,993,545
301,470
50,080
103,524
Creditors
1,652,200
106,956
38,023
11,975
Accruals and Deferred Income
14,061
297,699
3,471
68,912
19,756
Deferred Taxes & Provisions
Cash flow from operations
-6,506,700
-18,391,815
-199,442
84,484
-80,348
Investing Activities
capital expenditure
-2,032,412
-862,188
Change in Investments
3,339,394
cash flow from investments
-5,371,806
-862,188
Financing Activities
Bank loans
Group/Directors Accounts
10,713,178
2,563,112
151,148
18,966
77,701
Other Short Term Loans
3,988,985
Long term loans
-3,238,816
17,275,229
Hire Purchase and Lease Commitments
other long term liabilities
share issue
122,543
5,000
interest
203,885
-6,782
-88
cash flow from financing
11,667,232
19,954,102
151,148
18,878
82,701
cash and cash equivalents
cash
-211,274
700,099
-48,294
103,362
2,353
overdraft
change in cash
-211,274
700,099
-48,294
103,362
2,353
balta floorcovering uk 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 balta floorcovering uk limited. Get real-time insights into balta floorcovering uk limited's credit score, group structure and payment trends.
Balta Floorcovering Uk Limited Competitor Analysis
Perform a competitor analysis for balta floorcovering uk limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in DY10 area or any other competitors across 12 key performance metrics.
balta floorcovering uk limited Ownership
BALTA FLOORCOVERING UK LIMITED group structure
Balta Floorcovering Uk Limited has no subsidiary companies.
Ultimate parent company
BALTA FLOORCOVERING UK LIMITED
11978782
BALTA FLOORCOVERING UK LIMITED Shareholders
The sole shareholder of Balta Floorcovering Uk Limited is Balta Industries Nv.
balta industries nv
100%
balta floorcovering uk limited directors
Balta Floorcovering Uk Limited currently has 4 directors.
The longest serving directors include
Mr Philippe Hamers (Apr 2022) and
Mr Philippe Hamers (Apr 2022).
balta floorcovering uk 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 found 2 charges/mortgages relating to balta floorcovering uk limited. Currently there are 2 open charges and 0 have been satisfied in the past.
balta floorcovering uk 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.
Click to start generating capital raising & share issue transactions for BALTA FLOORCOVERING UK LIMITED. This can take several minutes, an email will notify you when this has completed.
balta floorcovering uk limitedCompanies House Filings - See Documents
