banbridge district enterprises limited
banbridge district enterprises limited Company Information
Company Number
NI022828
Website
http://bdelonline.comRegistered Address
scarva road industrial estate, banbridge, co down, BT32 3QD
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
02840662260
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
banbridge district enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of BANBRIDGE DISTRICT ENTERPRISES LIMITED at £2.1m based on a Turnover of £648k and 3.24x industry multiple (adjusted for size and gross margin).
banbridge district enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of BANBRIDGE DISTRICT ENTERPRISES LIMITED at £398.5k based on an EBITDA of £56.1k and a 7.11x industry multiple (adjusted for size and gross margin).
banbridge district enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of BANBRIDGE DISTRICT ENTERPRISES LIMITED at £2.7m based on Net Assets of £1.7m and 1.6x industry multiple (adjusted for liquidity).
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Banbridge District Enterprises Limited Overview
Banbridge District Enterprises Limited is a live company located in co down, BT32 3QD with a Companies House number of NI022828. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 1989, it's largest shareholder is unknown. Banbridge District Enterprises Limited is a mature, small sized company, Pomanda has estimated its turnover at £648k with declining growth in recent years.
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Banbridge District Enterprises Limited Health Check
Pomanda's financial health check has awarded Banbridge District Enterprises Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £648k, make it in line with the average company (£801.6k)
£648k - Banbridge District Enterprises Limited
£801.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (1.9%)
-4% - Banbridge District Enterprises Limited
1.9% - Industry AVG
Production
with a gross margin of 74.3%, this company has a comparable cost of product (74.3%)
74.3% - Banbridge District Enterprises Limited
74.3% - Industry AVG
Profitability
an operating margin of 7.6% make it less profitable than the average company (36.9%)
7.6% - Banbridge District Enterprises Limited
36.9% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
5 - Banbridge District Enterprises Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.8k, the company has an equivalent pay structure (£30.5k)
£31.8k - Banbridge District Enterprises Limited
£30.5k - Industry AVG
Efficiency
resulting in sales per employee of £129.6k, this is less efficient (£172.7k)
£129.6k - Banbridge District Enterprises Limited
£172.7k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is later than average (30 days)
38 days - Banbridge District Enterprises Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 48 days, this is slower than average (37 days)
48 days - Banbridge District Enterprises Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Banbridge District Enterprises Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 116 weeks, this is more cash available to meet short term requirements (15 weeks)
116 weeks - Banbridge District Enterprises Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.8%, this is a lower level of debt than the average (62.7%)
4.8% - Banbridge District Enterprises Limited
62.7% - Industry AVG
BANBRIDGE DISTRICT ENTERPRISES LIMITED financials
Banbridge District Enterprises Limited's latest turnover from March 2023 is £648 thousand and the company has net assets of £1.7 million. According to their latest financial statements, Banbridge District Enterprises Limited has 5 employees and maintains cash reserves of £190.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 648,010 | 631,581 | 640,513 | 742,590 | 839,023 | 441,094 | 395,624 | 442,779 | 418,945 | 343,650 | ||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Pre-Tax Profit | 45,741 | -37,134 | 52,874 | 82,803 | 421,462 | 18,687 | -15,428 | 43,100 | 6,865 | 20,241 | ||||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Profit After Tax | 45,741 | -37,134 | 52,874 | 82,803 | 421,462 | 18,687 | -15,428 | 43,100 | 6,865 | 20,241 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | 45,741 | -37,134 | 52,874 | 82,803 | 421,462 | 18,687 | -15,428 | 43,100 | 6,865 | 20,241 | ||||
| Employee Costs | 159,061 | 150,644 | 156,791 | 155,573 | 121,909 | 125,594 | 155,863 | 134,261 | 118,215 | 123,745 | ||||
| Number Of Employees | 5 | 6 | 6 | 6 | 5 | 5 | 7 | 6 | 5 | 6 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,885 | 13,805 | 20,834 | 21,194 | 25,673 | 19,412 | 845,469 | 935,363 | 1,010,341 | 1,084,004 | 1,151,921 | 1,241,345 | 1,316,535 | 1,416,286 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,474,179 | 1,466,994 | 1,442,442 | 1,442,442 | 1,423,752 | 1,423,752 | 23,752 | 23,752 | 23,752 | 23,752 | 23,752 | 23,752 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,482,064 | 1,480,799 | 1,463,276 | 1,463,636 | 1,449,425 | 1,443,164 | 869,221 | 959,115 | 1,034,093 | 1,107,756 | 1,175,673 | 1,265,097 | 1,316,535 | 1,416,286 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 68,584 | 18,908 | 15,908 | 17,631 | 20,999 | 16,649 | 36,651 | 26,020 | 24,761 | 13,410 | 59,172 | 27,757 | 72,625 | 99,772 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 13,377 | 7,811 | 12,474 | 13,517 | 25,320 | 20,806 | 11,555 | 18,596 | 31,908 | 45,777 | 0 | 0 | 0 | 0 |
| Cash | 190,495 | 155,513 | 249,625 | 236,045 | 192,289 | 101,387 | 133,779 | 212,967 | 67,173 | 119,363 | 51,317 | 77,084 | 113,612 | 91,681 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 272,456 | 182,232 | 278,007 | 267,193 | 238,608 | 138,842 | 181,985 | 257,583 | 123,842 | 178,550 | 110,489 | 104,841 | 186,237 | 191,453 |
| total assets | 1,754,520 | 1,663,031 | 1,741,283 | 1,730,829 | 1,688,033 | 1,582,006 | 1,051,206 | 1,216,698 | 1,157,935 | 1,286,306 | 1,286,162 | 1,369,938 | 1,502,772 | 1,607,739 |
| Bank overdraft | 0 | 0 | 29,360 | 36,000 | 36,000 | 25,501 | 19,313 | 19,313 | 21,341 | 67,536 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 22,103 | 13,623 | 6,733 | 23,630 | 30,173 | 11,370 | 32,288 | 21,346 | 28,124 | 2,251 | 110,274 | 99,879 | 119,067 | 437,772 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 3,860 | 4,632 | 4,632 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 62,733 | 25,465 | 44,113 | 35,955 | 37,815 | 38,050 | 56,098 | 143,662 | 64,194 | 109,499 | 0 | 0 | 0 | 0 |
| total current liabilities | 84,836 | 39,088 | 80,206 | 95,585 | 103,988 | 78,781 | 112,331 | 188,953 | 113,659 | 179,286 | 110,274 | 99,879 | 119,067 | 437,772 |
| loans | 0 | 0 | 0 | 27,041 | 58,645 | 89,899 | 119,310 | 142,306 | 148,025 | 160,378 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 309,388 | 366,644 | 0 | 0 | 0 | 585,514 | 642,770 | 0 | 766,908 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 192,231 | 222,898 | 264,828 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 27,041 | 58,645 | 399,287 | 485,954 | 142,306 | 148,025 | 160,378 | 777,745 | 865,668 | 264,828 | 766,908 |
| total liabilities | 84,836 | 39,088 | 80,206 | 122,626 | 162,633 | 478,068 | 598,285 | 331,259 | 261,684 | 339,664 | 888,019 | 965,547 | 383,895 | 1,204,680 |
| net assets | 1,669,684 | 1,623,943 | 1,661,077 | 1,608,203 | 1,525,400 | 1,103,938 | 452,921 | 885,439 | 896,251 | 946,642 | 398,143 | 404,391 | 1,118,877 | 403,059 |
| total shareholders funds | 1,669,684 | 1,623,943 | 1,661,077 | 1,608,203 | 1,525,400 | 1,103,938 | 452,921 | 885,439 | 896,251 | 946,642 | 398,143 | 404,391 | 1,118,877 | 403,059 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 6,960 | 7,611 | 7,720 | 7,179 | 6,423 | 79,407 | 96,307 | 94,840 | 94,917 | 92,411 | 93,440 | 93,870 | 99,751 | 115,386 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 55,242 | -1,663 | -2,766 | -15,171 | 8,864 | -10,751 | 3,590 | -12,053 | -2,518 | 15 | 31,415 | -44,868 | -27,147 | 99,772 |
| Creditors | 8,480 | 6,890 | -16,897 | -6,543 | 18,803 | -20,918 | 10,942 | -6,778 | 25,873 | -108,023 | 10,395 | -19,188 | -318,705 | 437,772 |
| Accruals and Deferred Income | 37,268 | -18,648 | 8,158 | -1,860 | -309,623 | -75,304 | 279,080 | 79,468 | -45,305 | -476,015 | -57,256 | 642,770 | -766,908 | 766,908 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | ||||||||||
| Change in Investments | 7,185 | 24,552 | 0 | 18,690 | 0 | 1,400,000 | 0 | 0 | 0 | 0 | 0 | 23,752 | 0 | 0 |
| cash flow from investments | -7,185 | -24,552 | 0 | -18,690 | ||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | -3,860 | -772 | 0 | 4,632 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -27,041 | -31,604 | -31,254 | -29,411 | -22,996 | -5,719 | -12,353 | 160,378 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -192,231 | -30,667 | -41,930 | 264,828 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| cash flow from financing | 0 | 0 | -27,041 | -31,604 | -35,114 | 602,147 | -440,086 | -54,999 | -69,609 | 496,405 | ||||
| cash and cash equivalents | ||||||||||||||
| cash | 34,982 | -94,112 | 13,580 | 43,756 | 90,902 | -32,392 | -79,188 | 145,794 | -52,190 | 68,046 | -25,767 | -36,528 | 21,931 | 91,681 |
| overdraft | 0 | -29,360 | -6,640 | 0 | 10,499 | 6,188 | 0 | -2,028 | -46,195 | 67,536 | 0 | 0 | 0 | 0 |
| change in cash | 34,982 | -64,752 | 20,220 | 43,756 | 80,403 | -38,580 | -79,188 | 147,822 | -5,995 | 510 | -25,767 | -36,528 | 21,931 | 91,681 |
banbridge district enterprises limited Credit Report and Business Information
Banbridge District Enterprises Limited Competitor Analysis
Perform a competitor analysis for banbridge district enterprises limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
banbridge district enterprises limited Ownership
BANBRIDGE DISTRICT ENTERPRISES LIMITED group structure
Banbridge District Enterprises Limited has no subsidiary companies.
Ultimate parent company
BANBRIDGE DISTRICT ENTERPRISES LIMITED
NI022828
banbridge district enterprises limited directors
Banbridge District Enterprises Limited currently has 11 directors. The longest serving directors include Mr Gerard McGivern (Dec 2015) and Mr Patrick Grimes (Dec 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gerard McGivern | 66 years | Dec 2015 | - | Director | |
| Mr Patrick Grimes | 48 years | Dec 2015 | - | Director | |
| Mr John Dobson | 65 years | Dec 2018 | - | Director | |
| Mr Paul Ferris | United Kingdom | 58 years | Dec 2018 | - | Director |
| Mr Patrick Doyle | Northern Ireland | 73 years | Dec 2018 | - | Director |
| Mrs Kirsty McCool | Northern Ireland | 35 years | Jun 2019 | - | Director |
| Ms Joan Ballantine | 61 years | Dec 2020 | - | Director | |
| Mrs Julie Kitt | 53 years | Jan 2022 | - | Director | |
| Mr Aidan Rigney | 46 years | Jan 2022 | - | Director | |
| Mrs Catherine Bradford | Northern Ireland | 45 years | Jan 2022 | - | Director |
P&L
March 2023turnover
648k
+3%
operating profit
49.1k
0%
gross margin
74.3%
-0.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.7m
+0.03%
total assets
1.8m
+0.06%
cash
190.5k
+0.22%
net assets
Total assets minus all liabilities
banbridge district enterprises limited company details
company number
NI022828
Type
Private Ltd By Guarantee w/o Share Cap
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
June 1989
age
35
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
scarva road industrial estate, banbridge, co down, BT32 3QD
last accounts submitted
March 2023
banbridge district enterprises 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 found 3 charges/mortgages relating to banbridge district enterprises limited. Currently there are 3 open charges and 0 have been satisfied in the past.
banbridge district enterprises limited Companies House Filings - See Documents
| date | description | view/download |
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