bitis 1972 (live uk) limited
bitis 1972 (live uk) limited Company Information
Company Number
12967223
Website
-Registered Address
2 drake house cook way, taunton, somerset, TA2 6BJ
Industry
Support activities for animal production (other than farm animal boarding and care) n.e.c.
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Directors
Kenneth Welch4 Years
Shareholders
kenneth reginald george welch 99%
andrew snook 1%
bitis 1972 (live uk) limited Estimated Valuation
Pomanda estimates the enterprise value of BITIS 1972 (LIVE UK) LIMITED at £4.3k based on a Turnover of £27.9k and 0.16x industry multiple (adjusted for size and gross margin).
bitis 1972 (live uk) limited Estimated Valuation
Pomanda estimates the enterprise value of BITIS 1972 (LIVE UK) LIMITED at £0 based on an EBITDA of £-1.6k and a 1.87x industry multiple (adjusted for size and gross margin).
bitis 1972 (live uk) limited Estimated Valuation
Pomanda estimates the enterprise value of BITIS 1972 (LIVE UK) LIMITED at £0 based on Net Assets of £-10.7k and 1.24x industry multiple (adjusted for liquidity).
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Bitis 1972 (live Uk) Limited Overview
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 startup, micro sized company, Pomanda has estimated its turnover at £27.9k with unknown growth in recent years.
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Bitis 1972 (live Uk) Limited Health Check
Pomanda's financial health check has awarded Bitis 1972 (Live Uk) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £27.9k, make it smaller than the average company (£745.4k)
- Bitis 1972 (live Uk) Limited
£745.4k - 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 12%, this company has a higher cost of product (30.2%)
- Bitis 1972 (live Uk) Limited
30.2% - Industry AVG
Profitability
an operating margin of -5.7% make it less profitable than the average company (4.9%)
- Bitis 1972 (live Uk) Limited
4.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (9)
- Bitis 1972 (live Uk) Limited
9 - Industry AVG
Pay Structure
on an average salary of £33.5k, the company has an equivalent pay structure (£33.5k)
- Bitis 1972 (live Uk) Limited
£33.5k - Industry AVG
Efficiency
resulting in sales per employee of £27.9k, this is less efficient (£89k)
- Bitis 1972 (live Uk) Limited
£89k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is earlier than average (42 days)
- Bitis 1972 (live Uk) Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 206 days, this is slower than average (28 days)
- Bitis 1972 (live Uk) Limited
28 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 (13.6%)
434.4% - Bitis 1972 (live Uk) Limited
13.6% - Industry AVG
BITIS 1972 (LIVE UK) LIMITED financials
Bitis 1972 (Live Uk) Limited's latest turnover from December 2023 is estimated at £27.9 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 | |||
| 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
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 843 | 1,123 | 1,497 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 843 | 1,123 | 1,497 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 2,356 | 2,592 | 2,857 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 2,356 | 2,592 | 2,857 |
| total assets | 3,199 | 3,715 | 4,354 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 13,896 | 12,808 | 9,098 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 13,896 | 12,808 | 9,098 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| 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 | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -236 | -265 | 2,857 |
| Creditors | 1,088 | 3,710 | 9,098 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
bitis 1972 (live uk) limited Credit Report and Business Information
Bitis 1972 (live Uk) Limited Competitor Analysis
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 directors
Bitis 1972 (Live Uk) Limited currently has 1 director, Mr Kenneth Welch serving since Oct 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kenneth Welch | England | 72 years | Oct 2020 | - | Director |
P&L
December 2023turnover
27.9k
-10%
operating profit
-1.6k
0%
gross margin
12%
-28.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-10.7k
+0.18%
total assets
3.2k
-0.14%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
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
4
incorporated
UK
ultimate parent company
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.
bitis 1972 (live uk) limited Companies House Filings - See Documents
| date | description | view/download |
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