Support activities for animal production (other than farm animal boarding and care) n.e.c.
Registered Address
2 drake house cook way, taunton, somerset, TA2 6BJ
Website
-
bitis 1972 (live uk) limitedEstimated Valuation
£3.8k
Pomanda estimates the enterprise value of BITIS 1972 (LIVE UK) LIMITED at £3.8k based on a Turnover of £17.9k and 0.21x industry multiple (adjusted for size and gross margin).
bitis 1972 (live uk) limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of BITIS 1972 (LIVE UK) LIMITED at £0 based on an EBITDA of £-1.6k and a 2.01x industry multiple (adjusted for size and gross margin).
bitis 1972 (live uk) limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of BITIS 1972 (LIVE UK) LIMITED at £0 based on Net Assets of £-10.7k and 1.4x industry multiple (adjusted for liquidity).
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Bitis 1972 (live Uk) LimitedOverview
Bitis 1972 (live Uk) Limited is a live company located in somerset, TA2 6BJ with a Companies House number of 12967223. It operates in the support activities for animal production (other than farm animal boarding and care) n.e.c. sector, SIC Code 01629. Founded in October 2020, it's largest shareholder is
kenneth reginald george welch
with a 99% stake. Bitis 1972 (live Uk) Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£17.9k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Bitis 1972 (Live Uk) Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
1 Regular
7 Weak
Size
annual sales of £17.9k, make it smaller than the average company (£641.6k)
£17.9k - Bitis 1972 (live Uk) Limited
£641.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Bitis 1972 (live Uk) Limited
- - Industry AVG
Production
with a gross margin of 15%, this company has a higher cost of product (38.2%)
15% - Bitis 1972 (live Uk) Limited
38.2% - Industry AVG
Profitability
an operating margin of -8.9% make it less profitable than the average company (4.8%)
-8.9% - Bitis 1972 (live Uk) Limited
4.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
1 - Bitis 1972 (live Uk) Limited
12 - Industry AVG
Pay Structure
on an average salary of £33.5k, the company has an equivalent pay structure (£33.5k)
£33.5k - Bitis 1972 (live Uk) Limited
£33.5k - Industry AVG
Efficiency
resulting in sales per employee of £17.9k, this is less efficient (£91.2k)
£17.9k - Bitis 1972 (live Uk) Limited
£91.2k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is later than average (34 days)
47 days - Bitis 1972 (live Uk) Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 332 days, this is slower than average (33 days)
332 days - Bitis 1972 (live Uk) Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Bitis 1972 (live Uk) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Bitis 1972 (live Uk) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 434.4%, this is a higher level of debt than the average (17.7%)
434.4% - Bitis 1972 (live Uk) Limited
17.7% - Industry AVG
BITIS 1972 (LIVE UK) LIMITED financials
EXPORT
Bitis 1972 (Live Uk) Limited's latest turnover from December 2023 is estimated at £17.9 thousand and the company has net assets of -£10.7 thousand. According to their latest financial statements, we estimate that Bitis 1972 (Live Uk) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Turnover
17,946
30,106
20,786
Other Income Or Grants
Cost Of Sales
15,252
24,415
16,662
Gross Profit
2,694
5,690
4,123
Admin Expenses
4,298
10,039
8,867
Operating Profit
-1,604
-4,349
-4,744
Interest Payable
Interest Receivable
Pre-Tax Profit
-1,604
-4,349
-4,744
Tax
Profit After Tax
-1,604
-4,349
-4,744
Dividends Paid
Retained Profit
-1,604
-4,349
-4,744
Employee Costs
33,547
31,502
31,409
Number Of Employees
1
1
1
EBITDA*
-1,604
-4,349
-4,744
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Tangible Assets
843
1,123
1,497
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
843
1,123
1,497
Stock & work in progress
Trade Debtors
2,356
2,592
2,857
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
2,356
2,592
2,857
total assets
3,199
3,715
4,354
Bank overdraft
Bank loan
Trade Creditors
13,896
12,808
9,098
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
13,896
12,808
9,098
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
13,896
12,808
9,098
net assets
-10,697
-9,093
-4,744
total shareholders funds
-10,697
-9,093
-4,744
Dec 2023
Dec 2022
Dec 2021
Operating Activities
Operating Profit
-1,604
-4,349
-4,744
Depreciation
Amortisation
Tax
Stock
Debtors
-236
-265
2,857
Creditors
1,088
3,710
9,098
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-280
-374
1,497
Investing Activities
capital expenditure
280
374
-1,497
Change in Investments
cash flow from investments
280
374
-1,497
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
bitis 1972 (live 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 bitis 1972 (live uk) limited. Get real-time insights into bitis 1972 (live uk) limited's credit score, group structure and payment trends.
Perform a competitor analysis for bitis 1972 (live uk) limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other micro companies, companies in TA2 area or any other competitors across 12 key performance metrics.
bitis 1972 (live uk) limited Ownership
BITIS 1972 (LIVE UK) LIMITED group structure
Bitis 1972 (Live Uk) Limited has no subsidiary companies.
Ultimate parent company
BITIS 1972 (LIVE UK) LIMITED
12967223
BITIS 1972 (LIVE UK) LIMITED Shareholders
The largest shareholders in Bitis 1972 (Live Uk) Limited include Kenneth Reginald George Welch and Andrew Snook.
kenneth reginald george welch
99.02%
andrew snook
0.98%
bitis 1972 (live uk) limited directors
Bitis 1972 (Live Uk) Limited currently has 1 director, Mr Kenneth Welch serving since Oct 2020.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
-10.7k
+0.18%
total assets
3.2k
-0.14%
cash
0
0%
net assets
Total assets minus all liabilities
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bitis 1972 (live uk) limited company details
company number
12967223
Type
Private limited with Share Capital
industry
01629 - Support activities for animal production (other than farm animal boarding and care) n.e.c.
incorporation date
October 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
WELCH & CO (SOUTH WEST) LIMITED
auditor
-
address
2 drake house cook way, taunton, somerset, TA2 6BJ
Bank
-
Legal Advisor
-
bitis 1972 (live 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 did not find charges/mortgages relating to bitis 1972 (live uk) limited.
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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bitis 1972 (live uk) limitedCompanies House Filings - See Documents
