bia analytical ltd

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bia analytical ltd Company Information

Share BIA ANALYTICAL LTD

Company Number

NI657772

Shareholders

qubis ltd

christopher trevor elliot

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Group Structure

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Industry

Technical testing and analysis

 

Registered Address

63 university road, belfast, co. antrim, BT7 1NF

bia analytical ltd Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of BIA ANALYTICAL LTD at £1.4m based on a Turnover of £2m and 0.71x industry multiple (adjusted for size and gross margin).

bia analytical ltd Estimated Valuation

£2.9m

Pomanda estimates the enterprise value of BIA ANALYTICAL LTD at £2.9m based on an EBITDA of £632.9k and a 4.61x industry multiple (adjusted for size and gross margin).

bia analytical ltd Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of BIA ANALYTICAL LTD at £1.5m based on Net Assets of £574.5k and 2.58x industry multiple (adjusted for liquidity).

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Bia Analytical Ltd Overview

Bia Analytical Ltd is a live company located in co. antrim, BT7 1NF with a Companies House number of NI657772. It operates in the technical testing and analysis sector, SIC Code 71200. Founded in December 2018, it's largest shareholder is qubis ltd with a 13.4% stake. Bia Analytical Ltd is a young, small sized company, Pomanda has estimated its turnover at £2m with high growth in recent years.

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Bia Analytical Ltd Health Check

Pomanda's financial health check has awarded Bia Analytical Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £2m, make it smaller than the average company (£5.3m)

£2m - Bia Analytical Ltd

£5.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (7.4%)

27% - Bia Analytical Ltd

7.4% - Industry AVG

production

Production

with a gross margin of 26.3%, this company has a higher cost of product (41.3%)

26.3% - Bia Analytical Ltd

41.3% - Industry AVG

profitability

Profitability

an operating margin of 31.5% make it more profitable than the average company (5.2%)

31.5% - Bia Analytical Ltd

5.2% - Industry AVG

employees

Employees

with 9 employees, this is below the industry average (40)

9 - Bia Analytical Ltd

40 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.8k, the company has an equivalent pay structure (£45.8k)

£45.8k - Bia Analytical Ltd

£45.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £223.3k, this is more efficient (£106.8k)

£223.3k - Bia Analytical Ltd

£106.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 131 days, this is later than average (60 days)

131 days - Bia Analytical Ltd

60 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 40 days, this is slower than average (28 days)

40 days - Bia Analytical Ltd

28 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Bia Analytical Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Bia Analytical Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 22%, this is a lower level of debt than the average (58.8%)

22% - Bia Analytical Ltd

58.8% - Industry AVG

BIA ANALYTICAL LTD financials

EXPORTms excel logo

Bia Analytical Ltd's latest turnover from March 2024 is estimated at £2 million and the company has net assets of £574.5 thousand. According to their latest financial statements, Bia Analytical Ltd has 9 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Turnover2,009,690423,244746,788971,880266,458
Other Income Or Grants00000
Cost Of Sales1,481,219310,094550,752704,380190,484
Gross Profit528,471113,150196,036267,50075,973
Admin Expenses-104,426253,468272,116-7,306-39,579
Operating Profit632,897-140,318-76,080274,806115,552
Interest Payable00000
Interest Receivable00000
Pre-Tax Profit632,897-140,318-76,080274,806115,552
Tax-158,22400-52,213-21,955
Profit After Tax474,673-140,318-76,080222,59393,597
Dividends Paid00000
Retained Profit474,673-140,318-76,080222,59393,597
Employee Costs411,834244,952204,946155,27139,556
Number Of Employees96541
EBITDA*632,897-140,318-76,080274,806115,552

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Tangible Assets11,7821,2101,5061,79328
Intangible Assets00000
Investments & Other00000
Debtors (Due After 1 year)00000
Total Fixed Assets11,7821,2101,5061,79328
Stock & work in progress00000
Trade Debtors725,075118,471249,612362,34493,569
Group Debtors00000
Misc Debtors00000
Cash00000
misc current assets00000
total current assets725,075118,471249,612362,34493,569
total assets736,857119,681251,118364,13793,597
Bank overdraft00000
Bank loan00000
Trade Creditors 162,39219,88911,00847,9470
Group/Directors Accounts00000
other short term finances00000
hp & lease commitments00000
other current liabilities00000
total current liabilities162,39219,88911,00847,9470
loans00000
hp & lease commitments00000
Accruals and Deferred Income00000
other liabilities00000
provisions00000
total long term liabilities00000
total liabilities162,39219,88911,00847,9470
net assets574,46599,792240,110316,19093,597
total shareholders funds574,46599,792240,110316,19093,597
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Operating Activities
Operating Profit632,897-140,318-76,080274,806115,552
Depreciation00000
Amortisation00000
Tax-158,22400-52,213-21,955
Stock00000
Debtors606,604-131,141-112,732268,77593,569
Creditors142,5038,881-36,93947,9470
Accruals and Deferred Income00000
Deferred Taxes & Provisions00000
Cash flow from operations10,572-296-2871,76528
Investing Activities
capital expenditure-10,572296287-1,765-28
Change in Investments00000
cash flow from investments-10,572296287-1,765-28
Financing Activities
Bank loans00000
Group/Directors Accounts00000
Other Short Term Loans 00000
Long term loans00000
Hire Purchase and Lease Commitments00000
other long term liabilities00000
share issue00000
interest00000
cash flow from financing00000
cash and cash equivalents
cash00000
overdraft00000
change in cash00000

bia analytical ltd 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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Bia Analytical Ltd Competitor Analysis

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Perform a competitor analysis for bia analytical ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in BT7 area or any other competitors across 12 key performance metrics.

bia analytical ltd Ownership

BIA ANALYTICAL LTD group structure

Bia Analytical Ltd has no subsidiary companies.

Ultimate parent company

BIA ANALYTICAL LTD

NI657772

BIA ANALYTICAL LTD Shareholders

qubis ltd 13.44%
christopher trevor elliot 10.3%
simon haughey 8.84%
terence fredrick mcgrath 8.84%
orotain global 7.27%
clive william black 4.77%
richard matthew ilsley 4.04%
david manning 3.32%
jonathan alfred evans 3.32%
paul allen 3.32%

bia analytical ltd directors

Bia Analytical Ltd currently has 8 directors. The longest serving directors include Mr Terence McGrath (Dec 2018) and Mr Clive Black (Apr 2020).

officercountryagestartendrole
Mr Terence McGrathNorthern Ireland50 years Dec 2018- Director
Mr Clive Black61 years Apr 2020- Director
Mr David MooreNorthern Ireland61 years Apr 2020- Director
Mr Paul EveleighEngland56 years Apr 2020- Director
Mr Clive Black61 years Apr 2020- Director
Mr David MooreNorthern Ireland61 years Apr 2020- Director
Dr Christopher ElliottNorthern Ireland65 years Apr 2020- Director
Mr Simon ColeNorthern Ireland51 years Mar 2024- Director

P&L

March 2024

turnover

2m

+375%

operating profit

632.9k

0%

gross margin

26.3%

-1.64%

turnover

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

Balance Sheet

March 2024

net assets

574.5k

+4.76%

total assets

736.9k

+5.16%

cash

0

0%

net assets

Total assets minus all liabilities

bia analytical ltd company details

company number

NI657772

Type

Private limited with Share Capital

industry

71200 - Technical testing and analysis

incorporation date

December 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

cibus analytical ltd (September 2020)

accountant

SCC

auditor

-

address

63 university road, belfast, co. antrim, BT7 1NF

Bank

-

Legal Advisor

-

bia analytical 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 bia analytical ltd.

bia analytical 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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bia analytical ltd Companies House Filings - See Documents

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