bits 'n' pieces (derry) limited

bits 'n' pieces (derry) limited Company Information

Share BITS 'N' PIECES (DERRY) LIMITED
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EstablishedSmallDeclining

Company Number

NI061465

Industry

Other retail sale in non-specialised stores

 

Shareholders

majella o'carroll

stephen o'carroll

Group Structure

View All

Contact

Registered Address

16 daisyhill park, derry, BT48 8EZ

Website

-

bits 'n' pieces (derry) limited Estimated Valuation

£462.1k

Pomanda estimates the enterprise value of BITS 'N' PIECES (DERRY) LIMITED at £462.1k based on a Turnover of £1.4m and 0.33x industry multiple (adjusted for size and gross margin).

bits 'n' pieces (derry) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of BITS 'N' PIECES (DERRY) LIMITED at £0 based on an EBITDA of £-3k and a 3.24x industry multiple (adjusted for size and gross margin).

bits 'n' pieces (derry) limited Estimated Valuation

£420.7k

Pomanda estimates the enterprise value of BITS 'N' PIECES (DERRY) LIMITED at £420.7k based on Net Assets of £131.3k and 3.2x industry multiple (adjusted for liquidity).

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Bits 'n' Pieces (derry) Limited Overview

Bits 'n' Pieces (derry) Limited is a live company located in derry, BT48 8EZ with a Companies House number of NI061465. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in October 2006, it's largest shareholder is majella o'carroll with a 50% stake. Bits 'n' Pieces (derry) Limited is a established, small sized company, Pomanda has estimated its turnover at £1.4m with declining growth in recent years.

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Bits 'n' Pieces (derry) Limited Health Check

Pomanda's financial health check has awarded Bits 'N' Pieces (Derry) Limited a 3 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 Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £1.4m, make it in line with the average company (£1.2m)

£1.4m - Bits 'n' Pieces (derry) Limited

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (4.4%)

-4% - Bits 'n' Pieces (derry) Limited

4.4% - Industry AVG

production

Production

with a gross margin of 27.7%, this company has a higher cost of product (43.4%)

27.7% - Bits 'n' Pieces (derry) Limited

43.4% - Industry AVG

profitability

Profitability

an operating margin of -0.2% make it less profitable than the average company (4.8%)

-0.2% - Bits 'n' Pieces (derry) Limited

4.8% - Industry AVG

employees

Employees

with 10 employees, this is below the industry average (29)

10 - Bits 'n' Pieces (derry) Limited

29 - Industry AVG

paystructure

Pay Structure

on an average salary of £19.3k, the company has an equivalent pay structure (£19.3k)

£19.3k - Bits 'n' Pieces (derry) Limited

£19.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £138.8k, this is more efficient (£95.2k)

£138.8k - Bits 'n' Pieces (derry) Limited

£95.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 98 days, this is later than average (11 days)

98 days - Bits 'n' Pieces (derry) Limited

11 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 105 days, this is slower than average (34 days)

105 days - Bits 'n' Pieces (derry) Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Bits 'n' Pieces (derry) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Bits 'n' Pieces (derry) Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 70.6%, this is a similar level of debt than the average (68.3%)

70.6% - Bits 'n' Pieces (derry) Limited

68.3% - Industry AVG

BITS 'N' PIECES (DERRY) LIMITED financials

EXPORTms excel logo

Bits 'N' Pieces (Derry) Limited's latest turnover from October 2023 is estimated at £1.4 million and the company has net assets of £131.3 thousand. According to their latest financial statements, Bits 'N' Pieces (Derry) Limited has 10 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover1,388,1571,181,1271,244,8651,575,9841,266,4281,226,1551,598,2861,950,845323,461644,605487,368464,575304,086165,3100
Other Income Or Grants000000000000000
Cost Of Sales1,004,279859,986925,4571,119,256909,233878,5451,165,9621,385,512234,827468,088351,985343,413221,089118,6570
Gross Profit383,877321,141319,408456,728357,196347,611432,324565,33388,634176,517135,383121,16182,99646,6530
Admin Expenses386,863330,732263,909377,422358,912353,520452,493561,05577,974145,951110,996120,19789,14649,637-19,982
Operating Profit-2,986-9,59155,49979,306-1,716-5,909-20,1694,27810,66030,56624,387964-6,150-2,98419,982
Interest Payable000000000000000
Interest Receivable0000000281811399191538913053
Pre-Tax Profit-2,986-9,59155,49979,306-1,716-5,909-20,1694,55911,47130,96524,5781,017-6,061-2,85420,035
Tax00-10,545-15,068000-912-2,294-6,503-5,653-24400-5,610
Profit After Tax-2,986-9,59144,95464,238-1,716-5,909-20,1693,6479,17724,46218,925773-6,061-2,85414,425
Dividends Paid000000000000000
Retained Profit-2,986-9,59144,95464,238-1,716-5,909-20,1693,6479,17724,46218,925773-6,061-2,85414,425
Employee Costs193,080190,416180,965175,873268,238265,225195,045217,76048,83381,68463,00362,28947,49930,6470
Number Of Employees10101010151512143544320
EBITDA*-2,986-9,59155,49979,306-1,716-5,909-20,1694,27810,66030,56624,387964-6,150-2,98419,982

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets70,00086,40098,80041,90034,54034,30013,20036,40027,70019,95721,52014,10014,3009,15013,965
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets70,00086,40098,80041,90034,54034,30013,20036,40027,70019,95721,52014,10014,3009,15013,965
Stock & work in progress0000000052,280217,500146,400161,200111,30066,60073,700
Trade Debtors376,260355,077416,682395,154261,513258,460272,275279,2252,351030,000002,5550
Group Debtors000000000000000
Misc Debtors000000000000000
Cash00000000225,00099,49360,00616,3854,71530,99021,100
misc current assets000000000000000
total current assets376,260355,077416,682395,154261,513258,460272,275279,225279,631316,993236,406177,585116,015100,14594,800
total assets446,260441,477515,482437,054296,053292,760285,475315,625307,331336,950257,926191,685130,315109,295108,765
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 289,680271,880326,263288,116261,353256,344243,150253,131248,482287,278232,716185,400124,80397,72294,338
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities289,680271,880326,263288,116261,353256,344243,150253,131248,482287,278232,716185,400124,80397,72294,338
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities25,26535,29645,32750,00000000000000
provisions000000000000000
total long term liabilities25,26535,29645,32750,00000000000000
total liabilities314,945307,176371,590338,116261,353256,344243,150253,131248,482287,278232,716185,400124,80397,72294,338
net assets131,315134,301143,89298,93834,70036,41642,32562,49458,84949,67225,2106,2855,51211,57314,427
total shareholders funds131,315134,301143,89298,93834,70036,41642,32562,49458,84949,67225,2106,2855,51211,57314,427
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit-2,986-9,59155,49979,306-1,716-5,909-20,1694,27810,66030,56624,387964-6,150-2,98419,982
Depreciation000000000000000
Amortisation000000000000000
Tax00-10,545-15,068000-912-2,294-6,503-5,653-24400-5,610
Stock0000000-52,280-165,22071,100-14,80049,90044,700-7,10073,700
Debtors21,183-61,60521,528133,6413,053-13,815-6,950276,8742,351-30,00030,0000-2,5552,5550
Creditors17,800-54,38338,14726,7635,00913,194-9,9814,649-38,79654,56247,31660,59727,0813,38494,338
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-6,369-2,36961,573-42,64024021,100-23,200-216,579132,43937,52550,85011,417-21,2144,94535,010
Investing Activities
capital expenditure16,40012,400-56,900-7,360-240-21,10023,200-8,700-7,7431,563-7,420200-5,1504,815-13,965
Change in Investments000000000000000
cash flow from investments16,40012,400-56,900-7,360-240-21,10023,200-8,700-7,7431,563-7,420200-5,1504,815-13,965
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities-10,031-10,031-4,67350,00000000000000
share issue0000000-20000002
interest0000000281811399191538913053
cash flow from financing-10,031-10,031-4,67350,000000279811399191538913055
cash and cash equivalents
cash0000000-225,000125,50739,48743,62111,670-26,2759,89021,100
overdraft000000000000000
change in cash0000000-225,000125,50739,48743,62111,670-26,2759,89021,100

bits 'n' pieces (derry) limited 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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Bits 'n' Pieces (derry) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for bits 'n' pieces (derry) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BT48 area or any other competitors across 12 key performance metrics.

bits 'n' pieces (derry) limited Ownership

BITS 'N' PIECES (DERRY) LIMITED group structure

Bits 'N' Pieces (Derry) Limited has no subsidiary companies.

Ultimate parent company

BITS 'N' PIECES (DERRY) LIMITED

NI061465

BITS 'N' PIECES (DERRY) LIMITED Shareholders

majella o'carroll 50%
stephen o'carroll 50%

bits 'n' pieces (derry) limited directors

Bits 'N' Pieces (Derry) Limited currently has 1 director, Mr Steven O'Carroll serving since Oct 2006.

officercountryagestartendrole
Mr Steven O'CarrollUnited Kingdom52 years Oct 2006- Director

P&L

October 2023

turnover

1.4m

+18%

operating profit

-3k

0%

gross margin

27.7%

+1.71%

turnover

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

Balance Sheet

October 2023

net assets

131.3k

-0.02%

total assets

446.3k

+0.01%

cash

0

0%

net assets

Total assets minus all liabilities

bits 'n' pieces (derry) limited company details

company number

NI061465

Type

Private limited with Share Capital

industry

47190 - Other retail sale in non-specialised stores

incorporation date

October 2006

age

19

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

16 daisyhill park, derry, BT48 8EZ

Bank

-

Legal Advisor

-

bits 'n' pieces (derry) 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 did not find charges/mortgages relating to bits 'n' pieces (derry) limited.

bits 'n' pieces (derry) limited 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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bits 'n' pieces (derry) limited Companies House Filings - See Documents

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