b.z.betteredge ltd

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b.z.betteredge ltd Company Information

Share B.Z.BETTEREDGE LTD

Company Number

13247762

Shareholders

rutwood limited

Group Structure

View All

Industry

Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

 

Registered Address

the mills canal street, derby, DE1 2RJ

Website

-

b.z.betteredge ltd Estimated Valuation

£231k

Pomanda estimates the enterprise value of B.Z.BETTEREDGE LTD at £231k based on a Turnover of £216k and 1.07x industry multiple (adjusted for size and gross margin).

b.z.betteredge ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of B.Z.BETTEREDGE LTD at £0 based on an EBITDA of £-45.4k and a 4.47x industry multiple (adjusted for size and gross margin).

b.z.betteredge ltd Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of B.Z.BETTEREDGE LTD at £1.6m based on Net Assets of £1.2m and 1.31x industry multiple (adjusted for liquidity).

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B.z.betteredge Ltd Overview

B.z.betteredge Ltd is a live company located in derby, DE1 2RJ with a Companies House number of 13247762. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in March 2021, it's largest shareholder is rutwood limited with a 100% stake. B.z.betteredge Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £216k with unknown growth in recent years.

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B.z.betteredge Ltd Health Check

Pomanda's financial health check has awarded B.Z.Betteredge Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £216k, make it smaller than the average company (£19.1m)

£216k - B.z.betteredge Ltd

£19.1m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - B.z.betteredge Ltd

- - Industry AVG

production

Production

with a gross margin of 34.9%, this company has a comparable cost of product (34.9%)

34.9% - B.z.betteredge Ltd

34.9% - Industry AVG

profitability

Profitability

an operating margin of -21.6% make it less profitable than the average company (4.6%)

-21.6% - B.z.betteredge Ltd

4.6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (104)

2 - B.z.betteredge Ltd

104 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)

£44.5k - B.z.betteredge Ltd

£44.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £108k, this is less efficient (£189.8k)

£108k - B.z.betteredge Ltd

£189.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 13 days, this is earlier than average (44 days)

13 days - B.z.betteredge Ltd

44 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - B.z.betteredge Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - B.z.betteredge Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (14 weeks)

3 weeks - B.z.betteredge Ltd

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 24.7%, this is a lower level of debt than the average (68.7%)

24.7% - B.z.betteredge Ltd

68.7% - Industry AVG

B.Z.BETTEREDGE LTD financials

EXPORTms excel logo

B.Z.Betteredge Ltd's latest turnover from March 2024 is estimated at £216 thousand and the company has net assets of £1.2 million. According to their latest financial statements, B.Z.Betteredge Ltd has 2 employees and maintains cash reserves of £26.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022
Turnover216,036248,251167,958
Other Income Or Grants
Cost Of Sales140,675161,028109,489
Gross Profit75,36287,22358,469
Admin Expenses122,001146,030118,972
Operating Profit-46,639-58,807-60,503
Interest Payable
Interest Receivable6,7366,317250
Pre-Tax Profit-39,903-52,490-60,253
Tax
Profit After Tax-39,903-52,490-60,253
Dividends Paid
Retained Profit-39,903-52,490-60,253
Employee Costs88,98683,26778,100
Number Of Employees222
EBITDA*-45,370-58,083-60,503

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022
Tangible Assets176,2475,076
Intangible Assets
Investments & Other1,428,8311,428,8311,248,231
Debtors (Due After 1 year)
Total Fixed Assets1,605,0781,433,9071,248,231
Stock & work in progress
Trade Debtors8,27318,61617,468
Group Debtors4,884
Misc Debtors2,8602,9082,596
Cash26,112230,48866,763
misc current assets
total current assets37,245252,01291,711
total assets1,642,3231,685,9191,339,942
Bank overdraft
Bank loan
Trade Creditors 2,706
Group/Directors Accounts402,392402,3922,392
other short term finances
hp & lease commitments
other current liabilities2,3616,0544,881
total current liabilities404,753408,4469,979
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities404,753408,4469,979
net assets1,237,5701,277,4731,329,963
total shareholders funds1,237,5701,277,4731,329,963
Mar 2024Mar 2023Mar 2022
Operating Activities
Operating Profit-46,639-58,807-60,503
Depreciation1,269724
Amortisation
Tax
Stock
Debtors-10,391-3,42424,948
Creditors-2,7062,706
Accruals and Deferred Income-3,6931,1734,881
Deferred Taxes & Provisions
Cash flow from operations-38,672-56,192-77,864
Investing Activities
capital expenditure-172,440-5,800
Change in Investments180,6001,248,231
cash flow from investments-172,440-186,400-1,248,231
Financing Activities
Bank loans
Group/Directors Accounts400,0002,392
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue1,390,216
interest6,7366,317250
cash flow from financing6,736406,3171,392,858
cash and cash equivalents
cash-204,376163,72566,763
overdraft
change in cash-204,376163,72566,763

b.z.betteredge ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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B.z.betteredge Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for b.z.betteredge ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in DE1 area or any other competitors across 12 key performance metrics.

b.z.betteredge ltd Ownership

B.Z.BETTEREDGE LTD group structure

B.Z.Betteredge Ltd has no subsidiary companies.

Ultimate parent company

1 parent

B.Z.BETTEREDGE LTD

13247762

B.Z.BETTEREDGE LTD Shareholders

rutwood limited 100%

b.z.betteredge ltd directors

B.Z.Betteredge Ltd currently has 2 directors. The longest serving directors include Mr Benjamin Shelton (Mar 2021) and Mrs Zoe Shelton (Mar 2021).

officercountryagestartendrole
Mr Benjamin Shelton48 years Mar 2021- Director
Mrs Zoe SheltonUnited Kingdom47 years Mar 2021- Director

P&L

March 2024

turnover

216k

-13%

operating profit

-46.6k

0%

gross margin

34.9%

-0.72%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

1.2m

-0.03%

total assets

1.6m

-0.03%

cash

26.1k

-0.89%

net assets

Total assets minus all liabilities

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b.z.betteredge ltd company details

company number

13247762

Type

Private limited with Share Capital

industry

64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

incorporation date

March 2021

age

4

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

BATES WESTON LLP

auditor

-

address

the mills canal street, derby, DE1 2RJ

Bank

-

Legal Advisor

-

b.z.betteredge ltd 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 b.z.betteredge ltd.

b.z.betteredge ltd 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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b.z.betteredge ltd Companies House Filings - See Documents

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