bittern asset management ltd
bittern asset management ltd Company Information
Company Number
13646567
Next Accounts
Jun 2025
Directors
Shareholders
lasanda kasun badulla waduge
Group Structure
View All
Industry
Other retail sale not in stores, stalls or markets
+1Registered Address
50 princes street, ipswich, IP1 1RJ
Website
-bittern asset management ltd Estimated Valuation
Pomanda estimates the enterprise value of BITTERN ASSET MANAGEMENT LTD at £13.6k based on a Turnover of £51.6k and 0.26x industry multiple (adjusted for size and gross margin).
bittern asset management ltd Estimated Valuation
Pomanda estimates the enterprise value of BITTERN ASSET MANAGEMENT LTD at £0 based on an EBITDA of £-533 and a 2.83x industry multiple (adjusted for size and gross margin).
bittern asset management ltd Estimated Valuation
Pomanda estimates the enterprise value of BITTERN ASSET MANAGEMENT LTD at £4.5k based on Net Assets of £2.4k and 1.87x industry multiple (adjusted for liquidity).
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Bittern Asset Management Ltd Overview
Bittern Asset Management Ltd is a live company located in ipswich, IP1 1RJ with a Companies House number of 13646567. It operates in the agents involved in the sale of a variety of goods sector, SIC Code 46190. Founded in September 2021, it's largest shareholder is lasanda kasun badulla waduge with a 100% stake. Bittern Asset Management Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £51.6k with unknown growth in recent years.
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Bittern Asset Management Ltd Health Check
Pomanda's financial health check has awarded Bittern Asset Management Ltd 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
1 Strong
1 Regular
7 Weak
Size
annual sales of £51.6k, make it smaller than the average company (£2.6m)
- Bittern Asset Management Ltd
£2.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Bittern Asset Management Ltd
- - Industry AVG
Production
with a gross margin of 15.9%, this company has a higher cost of product (28.1%)
- Bittern Asset Management Ltd
28.1% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (5.3%)
- Bittern Asset Management Ltd
5.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (11)
- Bittern Asset Management Ltd
11 - Industry AVG
Pay Structure
on an average salary of £38.7k, the company has an equivalent pay structure (£38.7k)
- Bittern Asset Management Ltd
£38.7k - Industry AVG
Efficiency
resulting in sales per employee of £51.6k, this is less efficient (£268.6k)
- Bittern Asset Management Ltd
£268.6k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (41 days)
- Bittern Asset Management Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (32 days)
- Bittern Asset Management Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bittern Asset Management Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Bittern Asset Management Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.1%, this is a higher level of debt than the average (56%)
79.1% - Bittern Asset Management Ltd
56% - Industry AVG
BITTERN ASSET MANAGEMENT LTD financials
Bittern Asset Management Ltd's latest turnover from September 2023 is estimated at £51.6 thousand and the company has net assets of £2.4 thousand. According to their latest financial statements, we estimate that Bittern Asset Management Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 0 | 0 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 11,468 | 13,009 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 11,468 | 13,009 |
| total assets | 11,468 | 13,009 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 8,720 | 9,728 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 8,720 | 9,728 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 350 | 350 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 350 | 350 |
| total liabilities | 9,070 | 10,078 |
| net assets | 2,398 | 2,931 |
| total shareholders funds | 2,398 | 2,931 |
| Sep 2023 | Sep 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | -1,541 | 13,009 |
| Creditors | -1,008 | 9,728 |
| Accruals and Deferred Income | 0 | 350 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
bittern asset management ltd Credit Report and Business Information
Bittern Asset Management Ltd Competitor Analysis
Perform a competitor analysis for bittern asset management ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in IP1 area or any other competitors across 12 key performance metrics.
bittern asset management ltd Ownership
BITTERN ASSET MANAGEMENT LTD group structure
Bittern Asset Management Ltd has no subsidiary companies.
Ultimate parent company
BITTERN ASSET MANAGEMENT LTD
13646567
bittern asset management ltd directors
Bittern Asset Management Ltd currently has 1 director, Mr Lasanda Badulla Waduge serving since Sep 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lasanda Badulla Waduge | England | 46 years | Sep 2021 | - | Director |
P&L
September 2023turnover
51.6k
+1%
operating profit
-533
0%
gross margin
16%
+0.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
2.4k
-0.18%
total assets
11.5k
-0.12%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
bittern asset management ltd company details
company number
13646567
Type
Private limited with Share Capital
industry
47990 - Other retail sale not in stores, stalls or markets
46190 - Agents involved in the sale of a variety of goods
incorporation date
September 2021
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
50 princes street, ipswich, IP1 1RJ
Bank
-
Legal Advisor
-
bittern asset management 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 bittern asset management ltd.
bittern asset management 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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bittern asset management ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
