bridges ea group limited
bridges ea group limited Company Information
Company Number
13177049
Website
-Registered Address
unit 2.02 high weald house, glovers end, bexhill, east sussex, TN39 5ES
Industry
Activities of head offices
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
carlo tommasino stocchetti 61.3%
daniel john pockett 19.3%
View Allbridges ea group limited Estimated Valuation
Pomanda estimates the enterprise value of BRIDGES EA GROUP LIMITED at £8.8m based on a Turnover of £8.1m and 1.08x industry multiple (adjusted for size and gross margin).
bridges ea group limited Estimated Valuation
Pomanda estimates the enterprise value of BRIDGES EA GROUP LIMITED at £8.7m based on an EBITDA of £1.2m and a 7.25x industry multiple (adjusted for size and gross margin).
bridges ea group limited Estimated Valuation
Pomanda estimates the enterprise value of BRIDGES EA GROUP LIMITED at £21.1m based on Net Assets of £7.9m and 2.68x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Bridges Ea Group Limited Overview
Bridges Ea Group Limited is a live company located in bexhill, TN39 5ES with a Companies House number of 13177049. It operates in the activities of head offices sector, SIC Code 70100. Founded in February 2021, it's largest shareholder is carlo tommasino stocchetti with a 61.3% stake. Bridges Ea Group Limited is a startup, mid sized company, Pomanda has estimated its turnover at £8.1m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Bridges Ea Group Limited Health Check
Pomanda's financial health check has awarded Bridges Ea Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
4 Weak
Size
annual sales of £8.1m, make it smaller than the average company (£19.8m)
£8.1m - Bridges Ea Group Limited
£19.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Bridges Ea Group Limited
- - Industry AVG
Production
with a gross margin of 54.5%, this company has a lower cost of product (32.7%)
54.5% - Bridges Ea Group Limited
32.7% - Industry AVG
Profitability
an operating margin of 11.1% make it more profitable than the average company (5.9%)
11.1% - Bridges Ea Group Limited
5.9% - Industry AVG
Employees
with 92 employees, this is below the industry average (117)
92 - Bridges Ea Group Limited
117 - Industry AVG
Pay Structure
on an average salary of £32.3k, the company has a lower pay structure (£45.4k)
£32.3k - Bridges Ea Group Limited
£45.4k - Industry AVG
Efficiency
resulting in sales per employee of £88.6k, this is less efficient (£187.5k)
£88.6k - Bridges Ea Group Limited
£187.5k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is earlier than average (46 days)
27 days - Bridges Ea Group Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (45 days)
13 days - Bridges Ea Group Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Bridges Ea Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 170 weeks, this is more cash available to meet short term requirements (16 weeks)
170 weeks - Bridges Ea Group Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.3%, this is a lower level of debt than the average (57%)
21.3% - Bridges Ea Group Limited
57% - Industry AVG
BRIDGES EA GROUP LIMITED financials
Bridges Ea Group Limited's latest turnover from March 2023 is £8.1 million and the company has net assets of £7.9 million. According to their latest financial statements, Bridges Ea Group Limited has 92 employees and maintains cash reserves of £4.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Turnover | 8,147,052 | 8,113,526 |
| Other Income Or Grants | 0 | 0 |
| Cost Of Sales | 3,708,699 | 3,630,852 |
| Gross Profit | 4,438,353 | 4,482,674 |
| Admin Expenses | 3,535,405 | 3,881,299 |
| Operating Profit | 902,948 | 601,375 |
| Interest Payable | 2,729 | 4,019 |
| Interest Receivable | 55,145 | 19,279 |
| Pre-Tax Profit | 955,364 | 616,635 |
| Tax | -316,878 | -354,401 |
| Profit After Tax | 638,486 | 262,234 |
| Dividends Paid | 30,000 | 0 |
| Retained Profit | 608,486 | 262,234 |
| Employee Costs | 2,975,995 | 2,710,136 |
| Number Of Employees | 92 | 86 |
| EBITDA* | 1,206,310 | 910,619 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Tangible Assets | 169,548 | 133,231 |
| Intangible Assets | 4,694,745 | 5,331,458 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 4,864,293 | 5,464,689 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 613,643 | 540,605 |
| Group Debtors | 8,241 | 8,052 |
| Misc Debtors | 377,697 | 220,332 |
| Cash | 4,133,305 | 3,856,445 |
| misc current assets | 0 | 0 |
| total current assets | 5,132,886 | 4,625,434 |
| total assets | 9,997,179 | 10,090,123 |
| Bank overdraft | 0 | 0 |
| Bank loan | 9,808 | 59,340 |
| Trade Creditors | 133,102 | 142,175 |
| Group/Directors Accounts | 171,899 | 196,466 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 948,042 | 1,193,517 |
| total current liabilities | 1,262,851 | 1,591,498 |
| loans | 28,271 | 52,778 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 813,565 | 1,169,849 |
| provisions | 27,662 | 19,654 |
| total long term liabilities | 869,498 | 1,242,281 |
| total liabilities | 2,132,349 | 2,833,779 |
| net assets | 7,864,830 | 7,256,344 |
| total shareholders funds | 7,864,830 | 7,256,344 |
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | 902,948 | 601,375 |
| Depreciation | 39,487 | 26,727 |
| Amortisation | 263,875 | 282,517 |
| Tax | -316,878 | -354,401 |
| Stock | 0 | 0 |
| Debtors | 230,592 | 768,989 |
| Creditors | -9,073 | 142,175 |
| Accruals and Deferred Income | -245,475 | 1,193,517 |
| Deferred Taxes & Provisions | 8,008 | 19,654 |
| Cash flow from operations | 412,300 | 1,142,575 |
| Investing Activities | ||
| capital expenditure | 0 | 0 |
| Change in Investments | 0 | 0 |
| cash flow from investments | 0 | 0 |
| Financing Activities | ||
| Bank loans | -49,532 | 59,340 |
| Group/Directors Accounts | -24,567 | 196,466 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | -24,507 | 52,778 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | -356,284 | 1,169,849 |
| share issue | ||
| interest | 52,416 | 15,260 |
| cash flow from financing | -402,474 | 8,487,803 |
| cash and cash equivalents | ||
| cash | 276,860 | 3,856,445 |
| overdraft | 0 | 0 |
| change in cash | 276,860 | 3,856,445 |
bridges ea group limited Credit Report and Business Information
Bridges Ea Group Limited Competitor Analysis
Perform a competitor analysis for bridges ea group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in TN39 area or any other competitors across 12 key performance metrics.
bridges ea group limited Ownership
BRIDGES EA GROUP LIMITED group structure
Bridges Ea Group Limited has 2 subsidiary companies.
Ultimate parent company
BRIDGES EA GROUP LIMITED
13177049
2 subsidiaries
bridges ea group limited directors
Bridges Ea Group Limited currently has 3 directors. The longest serving directors include Mr Carlo Stocchetti (Feb 2021) and Mr Daniel Pockett (Jun 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Carlo Stocchetti | United Kingdom | 54 years | Feb 2021 | - | Director |
| Mr Daniel Pockett | United Kingdom | 51 years | Jun 2024 | - | Director |
| Mr James Baldry | United Kingdom | 47 years | Jun 2024 | - | Director |
P&L
March 2023turnover
8.1m
0%
operating profit
902.9k
+50%
gross margin
54.5%
-1.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
7.9m
+0.08%
total assets
10m
-0.01%
cash
4.1m
+0.07%
net assets
Total assets minus all liabilities
Similar Companies
bridges ea group limited company details
company number
13177049
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
February 2021
age
3
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
ACUITY PROFESSIONAL PARTNERSHIP LLP
address
unit 2.02 high weald house, glovers end, bexhill, east sussex, TN39 5ES
Bank
-
Legal Advisor
-
bridges ea group 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 bridges ea group limited.
bridges ea group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
