best resin bound solutions limited
best resin bound solutions limited Company Information
Company Number
12661553
Next Accounts
3 days late
Shareholders
stuart fannon
michael fannon
Group Structure
View All
Industry
Landscape service activities
Registered Address
unit cg1a clarence mill, clarence road, bollington, cheshire, SK10 5JZ
Website
-best resin bound solutions limited Estimated Valuation
Pomanda estimates the enterprise value of BEST RESIN BOUND SOLUTIONS LIMITED at £35.1k based on a Turnover of £133k and 0.26x industry multiple (adjusted for size and gross margin).
best resin bound solutions limited Estimated Valuation
Pomanda estimates the enterprise value of BEST RESIN BOUND SOLUTIONS LIMITED at £0 based on an EBITDA of £-43.2k and a 2.28x industry multiple (adjusted for size and gross margin).
best resin bound solutions limited Estimated Valuation
Pomanda estimates the enterprise value of BEST RESIN BOUND SOLUTIONS LIMITED at £0 based on Net Assets of £-88.1k and 2.64x industry multiple (adjusted for liquidity).
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Best Resin Bound Solutions Limited Overview
Best Resin Bound Solutions Limited is a live company located in bollington, SK10 5JZ with a Companies House number of 12661553. It operates in the landscape service activities sector, SIC Code 81300. Founded in June 2020, it's largest shareholder is stuart fannon with a 67% stake. Best Resin Bound Solutions Limited is a young, micro sized company, Pomanda has estimated its turnover at £133k with unknown growth in recent years.
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Best Resin Bound Solutions Limited Health Check
Pomanda's financial health check has awarded Best Resin Bound Solutions Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £133k, make it smaller than the average company (£198.3k)
- Best Resin Bound Solutions Limited
£198.3k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Best Resin Bound Solutions Limited
- - Industry AVG
Production
with a gross margin of 18.8%, this company has a higher cost of product (38.6%)
- Best Resin Bound Solutions Limited
38.6% - Industry AVG
Profitability
an operating margin of -32.5% make it less profitable than the average company (4.8%)
- Best Resin Bound Solutions Limited
4.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Best Resin Bound Solutions Limited
4 - Industry AVG
Pay Structure
on an average salary of £23.1k, the company has an equivalent pay structure (£23.1k)
- Best Resin Bound Solutions Limited
£23.1k - Industry AVG
Efficiency
resulting in sales per employee of £66.5k, this is equally as efficient (£76.8k)
- Best Resin Bound Solutions Limited
£76.8k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is earlier than average (42 days)
- Best Resin Bound Solutions Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 417 days, this is slower than average (46 days)
- Best Resin Bound Solutions Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 16 days, this is less than average (23 days)
- Best Resin Bound Solutions Limited
23 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Best Resin Bound Solutions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 349.5%, this is a higher level of debt than the average (57.3%)
349.5% - Best Resin Bound Solutions Limited
57.3% - Industry AVG
BEST RESIN BOUND SOLUTIONS LIMITED financials
Best Resin Bound Solutions Limited's latest turnover from June 2023 is estimated at £133 thousand and the company has net assets of -£88.1 thousand. According to their latest financial statements, Best Resin Bound Solutions Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|
| 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 | 2 | 2 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | 22,133 | 22,133 | 20,000 |
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 22,133 | 22,133 | 20,000 |
| Stock & work in progress | 5,007 | 858 | 1,680 |
| Trade Debtors | 8,188 | 4,420 | 24,765 |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | 330 | ||
| misc current assets | |||
| total current assets | 13,195 | 5,608 | 26,445 |
| total assets | 35,328 | 27,741 | 46,445 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 123,461 | 59,614 | 28,079 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 123,461 | 59,614 | 28,079 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | 13,064 | 19,171 | |
| other liabilities | |||
| provisions | |||
| total long term liabilities | 13,064 | 19,171 | |
| total liabilities | 123,461 | 72,678 | 47,250 |
| net assets | -88,133 | -44,937 | -805 |
| total shareholders funds | -88,133 | -44,937 | -805 |
| Jun 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 4,149 | -822 | 1,680 |
| Debtors | 3,768 | -20,345 | 24,765 |
| Creditors | 63,847 | 31,535 | 28,079 |
| Accruals and Deferred Income | -13,064 | -6,107 | 19,171 |
| Deferred Taxes & Provisions | |||
| 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 | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -330 | 330 | |
| overdraft | |||
| change in cash | -330 | 330 |
best resin bound solutions limited Credit Report and Business Information
Best Resin Bound Solutions Limited Competitor Analysis
Perform a competitor analysis for best resin bound solutions limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in SK10 area or any other competitors across 12 key performance metrics.
best resin bound solutions limited Ownership
BEST RESIN BOUND SOLUTIONS LIMITED group structure
Best Resin Bound Solutions Limited has no subsidiary companies.
Ultimate parent company
BEST RESIN BOUND SOLUTIONS LIMITED
12661553
best resin bound solutions limited directors
Best Resin Bound Solutions Limited currently has 2 directors. The longest serving directors include Mr Michael Fannon (Jun 2020) and Mr Stuart Fannon (Jun 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Fannon | United Kingdom | 44 years | Jun 2020 | - | Director |
| Mr Stuart Fannon | England | 48 years | Jun 2020 | - | Director |
P&L
June 2023turnover
133k
+86%
operating profit
-43.2k
0%
gross margin
18.9%
+23.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-88.1k
+0.96%
total assets
35.3k
+0.27%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
best resin bound solutions limited company details
company number
12661553
Type
Private limited with Share Capital
industry
81300 - Landscape service activities
incorporation date
June 2020
age
5
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
unit cg1a clarence mill, clarence road, bollington, cheshire, SK10 5JZ
Bank
-
Legal Advisor
-
best resin bound solutions 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 best resin bound solutions limited.
best resin bound solutions 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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best resin bound solutions limited Companies House Filings - See Documents
| date | description | view/download |
|---|
