Specialised construction activities (other than scaffold erection) n.e.c.
+1
Registered Address
22 long acre, london, WC2E 9LY
Website
-
barringtone tech limitedEstimated Valuation
£372.9k
Pomanda estimates the enterprise value of BARRINGTONE TECH LIMITED at £372.9k based on a Turnover of £1.4m and 0.27x industry multiple (adjusted for size and gross margin).
barringtone tech limitedEstimated Valuation
£1.4m
Pomanda estimates the enterprise value of BARRINGTONE TECH LIMITED at £1.4m based on an EBITDA of £521k and a 2.78x industry multiple (adjusted for size and gross margin).
barringtone tech limitedEstimated Valuation
£2m
Pomanda estimates the enterprise value of BARRINGTONE TECH LIMITED at £2m based on Net Assets of £1m and 1.98x industry multiple (adjusted for liquidity).
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Barringtone Tech LimitedOverview
Barringtone Tech Limited is a live company located in london, WC2E 9LY with a Companies House number of 12307657. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in November 2019, it's largest shareholder is
gary smith
with a 100% stake. Barringtone Tech Limited is a young,
small sized company, Pomanda has estimated its turnover at
£1.4m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Barringtone Tech Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
1 Regular
4 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£3.4m)
£1.4m - Barringtone Tech Limited
£3.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (7.1%)
37% - Barringtone Tech Limited
7.1% - Industry AVG
Production
with a gross margin of 17.2%, this company has a higher cost of product (30.9%)
17.2% - Barringtone Tech Limited
30.9% - Industry AVG
Profitability
an operating margin of 37.1% make it more profitable than the average company (4.1%)
37.1% - Barringtone Tech Limited
4.1% - Industry AVG
Employees
with 4 employees, this is below the industry average (16)
4 - Barringtone Tech Limited
16 - Industry AVG
Pay Structure
on an average salary of £37.6k, the company has an equivalent pay structure (£37.6k)
£37.6k - Barringtone Tech Limited
£37.6k - Industry AVG
Efficiency
resulting in sales per employee of £350.7k, this is more efficient (£173.7k)
£350.7k - Barringtone Tech Limited
£173.7k - Industry AVG
Debtor Days
it gets paid by customers after 110 days, this is later than average (39 days)
110 days - Barringtone Tech Limited
39 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Barringtone Tech Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Barringtone Tech Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Barringtone Tech Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Barringtone Tech Limited
- - Industry AVG
BARRINGTONE TECH LIMITED financials
EXPORT
Barringtone Tech Limited's latest turnover from November 2023 is estimated at £1.4 million and the company has net assets of £1 million. According to their latest financial statements, Barringtone Tech Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Turnover
1,402,992
1,153,468
1,052,118
548,396
Other Income Or Grants
Cost Of Sales
1,161,567
956,704
862,086
451,641
Gross Profit
241,425
196,764
190,032
96,756
Admin Expenses
-279,618
196,764
-188,516
-287,442
Operating Profit
521,043
378,548
384,198
Interest Payable
Interest Receivable
Pre-Tax Profit
521,043
378,548
384,198
Tax
-130,261
-71,924
-72,998
Profit After Tax
390,782
306,624
311,200
Dividends Paid
Retained Profit
390,782
306,624
311,200
Employee Costs
150,396
141,762
140,062
102,151
Number Of Employees
4
4
4
3
EBITDA*
521,043
378,548
384,198
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Tangible Assets
542,463
231,426
231,426
100,900
Intangible Assets
Investments & Other
42,300
42,300
42,300
42,300
Debtors (Due After 1 year)
Total Fixed Assets
584,763
273,726
273,726
143,200
Stock & work in progress
Trade Debtors
423,843
344,098
344,098
168,000
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
423,843
344,098
344,098
168,000
total assets
1,008,606
617,824
617,824
311,200
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
net assets
1,008,606
617,824
617,824
311,200
total shareholders funds
1,008,606
617,824
617,824
311,200
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Operating Activities
Operating Profit
521,043
378,548
384,198
Depreciation
Amortisation
Tax
-130,261
-71,924
-72,998
Stock
Debtors
79,745
176,098
168,000
Creditors
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
311,037
130,526
143,200
Investing Activities
capital expenditure
-311,037
-130,526
-100,900
Change in Investments
42,300
cash flow from investments
-311,037
-130,526
-143,200
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash
barringtone tech 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 barringtone tech limited. Get real-time insights into barringtone tech limited's credit score, group structure and payment trends.
Perform a competitor analysis for barringtone tech limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in WC2E area or any other competitors across 12 key performance metrics.
barringtone tech limited Ownership
BARRINGTONE TECH LIMITED group structure
Barringtone Tech Limited has no subsidiary companies.
Ultimate parent company
BARRINGTONE TECH LIMITED
12307657
BARRINGTONE TECH LIMITED Shareholders
The sole shareholder of Barringtone Tech Limited is Gary Smith.
gary smith
100%
barringtone tech limited directors
Barringtone Tech Limited currently has 1 director, Mr Gary Smith serving since Jun 2020.
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
47910 - Retail sale via mail order houses or via Internet
incorporation date
November 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
22 long acre, london, WC2E 9LY
Bank
-
Legal Advisor
-
barringtone tech 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 barringtone tech limited.
barringtone tech 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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barringtone tech limitedCompanies House Filings - See Documents
