245 (rear of 245 ) high road, rear of 245, woodford, E18 2PB
Website
-
blynk engineering ltdEstimated Valuation
£26.3k
Pomanda estimates the enterprise value of BLYNK ENGINEERING LTD at £26.3k based on a Turnover of £80.2k and 0.33x industry multiple (adjusted for size and gross margin).
blynk engineering ltdEstimated Valuation
£49.6k
Pomanda estimates the enterprise value of BLYNK ENGINEERING LTD at £49.6k based on an EBITDA of £17.9k and a 2.77x industry multiple (adjusted for size and gross margin).
blynk engineering ltdEstimated Valuation
£19.4k
Pomanda estimates the enterprise value of BLYNK ENGINEERING LTD at £19.4k based on Net Assets of £10.9k and 1.79x industry multiple (adjusted for liquidity).
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Blynk Engineering LtdOverview
Blynk Engineering Ltd is a live company located in woodford, E18 2PB with a Companies House number of 14111397. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in May 2022, it's largest shareholder is
blynk holdings
with a 50% stake. Blynk Engineering Ltd is a startup,
micro sized company, Pomanda has estimated its turnover at
£80.2k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Blynk Engineering Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
0 Regular
6 Weak
Size
annual sales of £80.2k, make it smaller than the average company (£4.5m)
£80.2k - Blynk Engineering Ltd
£4.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Blynk Engineering Ltd
- - Industry AVG
Production
with a gross margin of 14%, this company has a higher cost of product (25.4%)
14% - Blynk Engineering Ltd
25.4% - Industry AVG
Profitability
an operating margin of 22.3% make it more profitable than the average company (5.9%)
22.3% - Blynk Engineering Ltd
5.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (13)
2 - Blynk Engineering Ltd
13 - Industry AVG
Pay Structure
on an average salary of £22.6k, the company has a lower pay structure (£47.3k)
£22.6k - Blynk Engineering Ltd
£47.3k - Industry AVG
Efficiency
resulting in sales per employee of £40.1k, this is less efficient (£212.1k)
£40.1k - Blynk Engineering Ltd
£212.1k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is later than average (43 days)
74 days - Blynk Engineering Ltd
43 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (33 days)
21 days - Blynk Engineering Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Blynk Engineering Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Blynk Engineering Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.8%, this is a lower level of debt than the average (62.7%)
33.8% - Blynk Engineering Ltd
62.7% - Industry AVG
BLYNK ENGINEERING LTD financials
EXPORT
Blynk Engineering Ltd's latest turnover from May 2024 is £80.2 thousand and the company has net assets of £10.9 thousand. According to their latest financial statements, Blynk Engineering Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
Turnover
80,166
Other Income Or Grants
Cost Of Sales
68,971
Gross Profit
11,195
Admin Expenses
-6,704
Operating Profit
17,899
Interest Payable
Interest Receivable
Pre-Tax Profit
13,424
Tax
Profit After Tax
13,424
Dividends Paid
Retained Profit
13,424
Employee Costs
45,250
Number Of Employees
2
EBITDA*
17,899
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
Tangible Assets
Intangible Assets
Investments & Other
2
Debtors (Due After 1 year)
Total Fixed Assets
2
Stock & work in progress
Trade Debtors
16,432
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
16,432
total assets
16,432
2
Bank overdraft
Bank loan
Trade Creditors
4,051
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
4,051
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
1,508
provisions
total long term liabilities
1,508
total liabilities
5,559
net assets
10,873
2
total shareholders funds
10,873
2
May 2024
May 2023
Operating Activities
Operating Profit
17,899
Depreciation
Amortisation
Tax
Stock
Debtors
16,432
Creditors
4,051
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
5,518
Investing Activities
capital expenditure
Change in Investments
-2
2
cash flow from investments
2
-2
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
1,508
share issue
-2,553
2
interest
cash flow from financing
-1,045
2
cash and cash equivalents
cash
overdraft
change in cash
blynk engineering ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for blynk engineering ltd. Get real-time insights into blynk engineering ltd's credit score, group structure and payment trends.
Perform a competitor analysis for blynk engineering ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in E18 area or any other competitors across 12 key performance metrics.
blynk engineering ltd Ownership
BLYNK ENGINEERING LTD group structure
Blynk Engineering Ltd has no subsidiary companies.
Ultimate parent company
BLYNK ENGINEERING LTD
14111397
BLYNK ENGINEERING LTD Shareholders
The largest shareholders in Blynk Engineering Ltd include Blynk Holdings and Nadeem Mushtaq.
blynk holdings
50%
nadeem mushtaq
25%
adam husaunndee
25%
blynk engineering ltd directors
Blynk Engineering Ltd currently has 2 directors.
The longest serving directors include
Mr Adam Husaunndee (May 2022) and
Mr Nadeem Mushtaq (May 2022).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024
net assets
10.9k
+5435.5%
total assets
16.4k
+8215%
cash
0
0%
net assets
Total assets minus all liabilities
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blynk engineering ltd company details
company number
14111397
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
41202 - Construction of domestic buildings
33140 - Repair of electrical equipment
incorporation date
May 2022
age
3
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
245 (rear of 245 ) high road, rear of 245, woodford, E18 2PB
Bank
-
Legal Advisor
-
blynk engineering 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 blynk engineering ltd.
blynk engineering 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 BLYNK ENGINEERING LTD. This can take several minutes, an email will notify you when this has completed.
blynk engineering ltdCompanies House Filings - See Documents
