
Company Number
12850401
Next Accounts
Jun 2025
Shareholders
vajira malinda dhanapala
chathurika udhayangani wanniarachchi kankanamge
Group Structure
View All
Industry
Wholesale of other machinery and equipment
+2Registered Address
22 ripon way, borehamwood, WD6 2HS
Website
-Pomanda estimates the enterprise value of BUCKINGHAM MAGNETICS LTD at £44.1k based on a Turnover of £78.7k and 0.56x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of BUCKINGHAM MAGNETICS LTD at £20.7k based on an EBITDA of £6k and a 3.45x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of BUCKINGHAM MAGNETICS LTD at £11k based on Net Assets of £5.5k and 2x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Buckingham Magnetics Ltd is a live company located in borehamwood, WD6 2HS with a Companies House number of 12850401. It operates in the manufacture of electric motors, generators and transformers sector, SIC Code 27110. Founded in September 2020, it's largest shareholder is vajira malinda dhanapala with a 50% stake. Buckingham Magnetics Ltd is a young, micro sized company, Pomanda has estimated its turnover at £78.7k with unknown growth in recent years.
Pomanda's financial health check has awarded Buckingham Magnetics Ltd 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
1 Regular
5 Weak
Size
annual sales of £78.7k, make it smaller than the average company (£12.5m)
- Buckingham Magnetics Ltd
£12.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Buckingham Magnetics Ltd
- - Industry AVG
Production
with a gross margin of 20.3%, this company has a higher cost of product (34.1%)
- Buckingham Magnetics Ltd
34.1% - Industry AVG
Profitability
an operating margin of 7.6% make it more profitable than the average company (4.4%)
- Buckingham Magnetics Ltd
4.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (66)
- Buckingham Magnetics Ltd
66 - Industry AVG
Pay Structure
on an average salary of £53k, the company has an equivalent pay structure (£53k)
- Buckingham Magnetics Ltd
£53k - Industry AVG
Efficiency
resulting in sales per employee of £78.7k, this is less efficient (£211.9k)
- Buckingham Magnetics Ltd
£211.9k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is earlier than average (61 days)
- Buckingham Magnetics Ltd
61 days - Industry AVG
Creditor Days
its suppliers are paid after 395 days, this is slower than average (42 days)
- Buckingham Magnetics Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Buckingham Magnetics Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Buckingham Magnetics Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.5%, this is a higher level of debt than the average (52.7%)
92.5% - Buckingham Magnetics Ltd
52.7% - Industry AVG
Buckingham Magnetics Ltd's latest turnover from September 2023 is estimated at £78.7 thousand and the company has net assets of £5.5 thousand. According to their latest financial statements, we estimate that Buckingham Magnetics Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Sep 2023 | Sep 2022 | Sep 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 | |||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023 | Sep 2022 | Sep 2021 | |
---|---|---|---|
Tangible Assets | 2,000 | ||
Intangible Assets | |||
Investments & Other | 5,000 | ||
Debtors (Due After 1 year) | |||
Total Fixed Assets | 7,000 | ||
Stock & work in progress | |||
Trade Debtors | 4,000 | 1,000 | |
Group Debtors | |||
Misc Debtors | 62,500 | ||
Cash | 1,000 | ||
misc current assets | |||
total current assets | 66,500 | 1,000 | 1,000 |
total assets | 73,500 | 1,000 | 1,000 |
Bank overdraft | |||
Bank loan | |||
Trade Creditors | 68,000 | ||
Group/Directors Accounts | |||
other short term finances | |||
hp & lease commitments | |||
other current liabilities | |||
total current liabilities | 68,000 | ||
loans | |||
hp & lease commitments | |||
Accruals and Deferred Income | |||
other liabilities | |||
provisions | |||
total long term liabilities | |||
total liabilities | 68,000 | ||
net assets | 5,500 | 1,000 | 1,000 |
total shareholders funds | 5,500 | 1,000 | 1,000 |
Sep 2023 | Sep 2022 | Sep 2021 | |
---|---|---|---|
Operating Activities | |||
Operating Profit | |||
Depreciation | |||
Amortisation | |||
Tax | |||
Stock | |||
Debtors | 65,500 | 1,000 | |
Creditors | 68,000 | ||
Accruals and Deferred Income | |||
Deferred Taxes & Provisions | |||
Cash flow from operations | |||
Investing Activities | |||
capital expenditure | |||
Change in Investments | 5,000 | ||
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 | -1,000 | 1,000 | |
overdraft | |||
change in cash | -1,000 | 1,000 |
Perform a competitor analysis for buckingham magnetics ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in WD6 area or any other competitors across 12 key performance metrics.
BUCKINGHAM MAGNETICS LTD group structure
Buckingham Magnetics Ltd has no subsidiary companies.
Ultimate parent company
BUCKINGHAM MAGNETICS LTD
12850401
Buckingham Magnetics Ltd currently has 4 directors. The longest serving directors include Mrs Chathurika Wanniarachchi Kankanamge (Sep 2020) and Mr Vajira Dhanapala (Sep 2020).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Chathurika Wanniarachchi Kankanamge | United Kingdom | 46 years | Sep 2020 | - | Director |
Mr Vajira Dhanapala | United Kingdom | 49 years | Sep 2020 | - | Director |
Prof Kapila Warnakulasuriya | England | 49 years | Jan 2023 | - | Director |
Mr David Hughes | England | 38 years | Dec 2023 | - | Director |
P&L
September 2023turnover
78.7k
+1720%
operating profit
6k
0%
gross margin
20.4%
-2.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
5.5k
+4.5%
total assets
73.5k
+72.5%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
company number
12850401
Type
Private limited with Share Capital
industry
72190 - Other research and experimental development on natural sciences and engineering
46690 - Wholesale of other machinery and equipment
27110 - Manufacture of electric motors, generators and transformers
incorporation date
September 2020
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
22 ripon way, borehamwood, WD6 2HS
Bank
-
Legal Advisor
-
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 buckingham magnetics ltd.
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 BUCKINGHAM MAGNETICS LTD. This can take several minutes, an email will notify you when this has completed.
date | description | view/download |
---|