buys direct ltd
buys direct ltd Company Information
Company Number
13525145
Next Accounts
Sep 2025
Shareholders
winch & co capital ltd
Group Structure
View All
Industry
Management consultancy activities (other than financial management)
Registered Address
unit 8 solingen house, remscheid way, ashington, NE63 8UJ
Website
-buys direct ltd Estimated Valuation
Pomanda estimates the enterprise value of BUYS DIRECT LTD at £76.9k based on a Turnover of £159.6k and 0.48x industry multiple (adjusted for size and gross margin).
buys direct ltd Estimated Valuation
Pomanda estimates the enterprise value of BUYS DIRECT LTD at £0 based on an EBITDA of £-1.9m and a 4.15x industry multiple (adjusted for size and gross margin).
buys direct ltd Estimated Valuation
Pomanda estimates the enterprise value of BUYS DIRECT LTD at £0 based on Net Assets of £-2.6m and 2.61x industry multiple (adjusted for liquidity).
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Buys Direct Ltd Overview
Buys Direct Ltd is a live company located in ashington, NE63 8UJ with a Companies House number of 13525145. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in July 2021, it's largest shareholder is winch & co capital ltd with a 100% stake. Buys Direct Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £159.6k with unknown growth in recent years.
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Buys Direct Ltd Health Check
Pomanda's financial health check has awarded Buys Direct Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
6 Weak
Size
annual sales of £159.6k, make it smaller than the average company (£851k)
- Buys Direct Ltd
£851k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Buys Direct Ltd
- - Industry AVG
Production
with a gross margin of 58.3%, this company has a comparable cost of product (58.3%)
- Buys Direct Ltd
58.3% - Industry AVG
Profitability
an operating margin of -1220.6% make it less profitable than the average company (7.4%)
- Buys Direct Ltd
7.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (8)
2 - Buys Direct Ltd
8 - Industry AVG
Pay Structure
on an average salary of £57.1k, the company has an equivalent pay structure (£57.1k)
- Buys Direct Ltd
£57.1k - Industry AVG
Efficiency
resulting in sales per employee of £79.8k, this is less efficient (£132.6k)
- Buys Direct Ltd
£132.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Buys Direct Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (25 days)
- Buys Direct Ltd
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Buys Direct Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Buys Direct Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 159.5%, this is a higher level of debt than the average (55.9%)
159.5% - Buys Direct Ltd
55.9% - Industry AVG
BUYS DIRECT LTD financials
Buys Direct Ltd's latest turnover from December 2023 is estimated at £159.6 thousand and the company has net assets of -£2.6 million. According to their latest financial statements, Buys Direct Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | |
|---|---|---|
| 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 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Tangible Assets | ||
| Intangible Assets | ||
| Investments & Other | 4,373,600 | 4,173,600 |
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 4,373,600 | 4,173,600 |
| Stock & work in progress | ||
| Trade Debtors | ||
| Group Debtors | 1,254,001 | |
| Misc Debtors | ||
| Cash | ||
| misc current assets | ||
| total current assets | 1,254,001 | |
| total assets | 4,373,600 | 5,427,601 |
| Bank overdraft | 6,966,317 | 5,300,000 |
| Bank loan | ||
| Trade Creditors | 600 | |
| Group/Directors Accounts | 6,865 | 89,935 |
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | 660 | |
| total current liabilities | 6,974,442 | 5,389,935 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | ||
| total long term liabilities | ||
| total liabilities | 6,974,442 | 5,389,935 |
| net assets | -2,600,842 | 37,666 |
| total shareholders funds | -2,600,842 | 37,666 |
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | -1,254,001 | 1,254,001 |
| Creditors | 600 | |
| Accruals and Deferred Income | 660 | |
| Deferred Taxes & Provisions | ||
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 200,000 | 4,173,600 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | ||
| Group/Directors Accounts | -83,070 | 89,935 |
| 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 | 1,666,317 | 5,300,000 |
| change in cash | -1,666,317 | -5,300,000 |
buys direct ltd Credit Report and Business Information
Buys Direct Ltd Competitor Analysis
Perform a competitor analysis for buys direct ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in NE63 area or any other competitors across 12 key performance metrics.
buys direct ltd Ownership
BUYS DIRECT LTD group structure
Buys Direct Ltd has 2 subsidiary companies.
Ultimate parent company
BUYS DIRECT LTD
13525145
2 subsidiaries
buys direct ltd directors
Buys Direct Ltd currently has 3 directors. The longest serving directors include Mr Nathan Winch (Dec 2021) and Mr Nathan Winch (Dec 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nathan Winch | United Kingdom | 34 years | Dec 2021 | - | Director |
| Mr Nathan Winch | England | 34 years | Dec 2021 | - | Director |
| Mr Nathan Winch | England | 34 years | Dec 2021 | - | Director |
P&L
December 2023turnover
159.6k
-39%
operating profit
-1.9m
0%
gross margin
58.4%
+0.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-2.6m
-70.05%
total assets
4.4m
-0.19%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
buys direct ltd company details
company number
13525145
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
July 2021
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
ELEMENTARY ACCOUNTANCY SERVICES LIMITED
auditor
-
address
unit 8 solingen house, remscheid way, ashington, NE63 8UJ
Bank
-
Legal Advisor
-
buys direct 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 found 2 charges/mortgages relating to buys direct ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
buys direct 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.
Click to start generating capital raising & share issue transactions for BUYS DIRECT LTD. This can take several minutes, an email will notify you when this has completed.
buys direct ltd Companies House Filings - See Documents
| date | description | view/download |
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