borders area services limited
borders area services limited Company Information
Company Number
SC222153
Website
http://ringleader.co.ukRegistered Address
leader house mill road, earlston, TD4 6DG
Industry
Wholesale of other intermediate products
Temporary employment agency activities
Telephone
01896758091
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
borders machinery ring ltd 100%
borders area services limited Estimated Valuation
Pomanda estimates the enterprise value of BORDERS AREA SERVICES LIMITED at £411.7k based on a Turnover of £1.4m and 0.29x industry multiple (adjusted for size and gross margin).
borders area services limited Estimated Valuation
Pomanda estimates the enterprise value of BORDERS AREA SERVICES LIMITED at £0 based on an EBITDA of £-3.3k and a 3.17x industry multiple (adjusted for size and gross margin).
borders area services limited Estimated Valuation
Pomanda estimates the enterprise value of BORDERS AREA SERVICES LIMITED at £111.8k based on Net Assets of £56.6k and 1.98x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Borders Area Services Limited Overview
Borders Area Services Limited is a live company located in earlston, TD4 6DG with a Companies House number of SC222153. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in August 2001, it's largest shareholder is borders machinery ring ltd with a 100% stake. Borders Area Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.4m with healthy growth in recent years.
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Borders Area Services Limited Health Check
Pomanda's financial health check has awarded Borders Area Services Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£15.5m)
- Borders Area Services Limited
£15.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (5.3%)
- Borders Area Services Limited
5.3% - Industry AVG
Production
with a gross margin of 21.5%, this company has a comparable cost of product (21.5%)
- Borders Area Services Limited
21.5% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (4.8%)
- Borders Area Services Limited
4.8% - Industry AVG
Employees
with 17 employees, this is below the industry average (42)
17 - Borders Area Services Limited
42 - Industry AVG
Pay Structure
on an average salary of £47k, the company has an equivalent pay structure (£47k)
- Borders Area Services Limited
£47k - Industry AVG
Efficiency
resulting in sales per employee of £84.4k, this is less efficient (£340.6k)
- Borders Area Services Limited
£340.6k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (52 days)
- Borders Area Services Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (17 days)
- Borders Area Services Limited
17 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (37 days)
- Borders Area Services Limited
37 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 74 weeks, this is more cash available to meet short term requirements (10 weeks)
74 weeks - Borders Area Services Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.6%, this is a similar level of debt than the average (59.5%)
54.6% - Borders Area Services Limited
59.5% - Industry AVG
BORDERS AREA SERVICES LIMITED financials
Borders Area Services Limited's latest turnover from April 2023 is estimated at £1.4 million and the company has net assets of £56.6 thousand. According to their latest financial statements, Borders Area Services Limited has 17 employees and maintains cash reserves of £97.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 390,647 | 368,714 | 390,260 | 370,040 | 290,612 | 355,765 | 357,275 | 249,525 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 340,022 | 327,605 | 345,414 | 329,236 | 255,785 | 319,876 | 320,606 | 224,620 | ||||||
| Gross Profit | 50,625 | 41,109 | 44,846 | 40,804 | 34,827 | 35,889 | 36,669 | 24,905 | ||||||
| Admin Expenses | 43,415 | 40,432 | 42,384 | 39,846 | 29,285 | 31,481 | 32,745 | 24,625 | ||||||
| Operating Profit | 7,210 | 677 | 2,462 | 958 | 5,542 | 4,408 | 3,924 | 280 | ||||||
| Interest Payable | 0 | 385 | 436 | 389 | 253 | 275 | 339 | 326 | ||||||
| Interest Receivable | 10 | 8 | 13 | 11 | 8 | 8 | 8 | 0 | ||||||
| Pre-Tax Profit | 7,220 | 685 | 2,475 | 969 | 5,550 | 4,416 | 3,932 | 280 | ||||||
| Tax | -1,372 | -136 | -495 | -190 | -1,112 | -859 | -892 | -98 | ||||||
| Profit After Tax | 5,848 | 549 | 1,980 | 779 | 4,438 | 3,557 | 3,040 | 182 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Retained Profit | 5,848 | 549 | 1,980 | 779 | 4,438 | 3,557 | 3,040 | 182 | ||||||
| Employee Costs | 294,073 | 279,173 | 269,915 | 229,171 | 231,995 | 283,724 | 294,306 | 188,240 | ||||||
| Number Of Employees | 17 | 15 | 13 | 9 | 12 | 12 | 13 | 11 | 13 | 13 | 13 | 9 | ||
| EBITDA* | 7,210 | 677 | 2,462 | 958 | 5,542 | 4,408 | 4,084 | 492 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 160 | 372 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 160 | 372 |
| Stock & work in progress | 430 | 482 | 1,159 | 341 | 357 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 13,292 | 20,247 | 17,374 | 6,987 | 4,379 | 28,178 | 24,978 | 17,347 | 10,627 | 14,900 | 10,661 | 13,407 | 16,251 | 8,554 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 13,059 | 13,178 | 11,130 | 13,332 | 13,065 | 11,304 | 7,795 | 0 |
| Misc Debtors | 13,512 | 15,062 | 9,731 | 11,846 | 4,646 | 970 | 1,618 | 406 | 732 | 475 | 455 | 695 | 570 | 0 |
| Cash | 97,295 | 93,178 | 80,639 | 66,408 | 47,997 | 36,929 | 7,333 | 19,022 | 24,843 | 12,332 | 23,324 | 26,316 | 17,209 | 13,341 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 124,529 | 128,969 | 108,903 | 85,582 | 57,379 | 66,077 | 46,988 | 49,953 | 47,332 | 41,039 | 47,505 | 51,722 | 41,825 | 21,895 |
| total assets | 124,529 | 128,969 | 108,903 | 85,582 | 57,379 | 66,077 | 46,988 | 49,953 | 47,332 | 41,039 | 47,505 | 51,722 | 41,985 | 22,267 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 52 | 6,948 | 8,952 | 7,816 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 16,995 | 8,497 | 4,508 | 1,008 | 49 | 4,360 | 864 | 680 | 823 | 630 | 5,377 | 5,765 | 13,238 | 14,627 |
| Group/Directors Accounts | 2,767 | 6,745 | 5,294 | 3,669 | 3,995 | 817 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 48,191 | 57,710 | 46,162 | 37,272 | 23,220 | 32,887 | 23,959 | 27,657 | 26,821 | 14,604 | 18,757 | 27,279 | 20,925 | 0 |
| total current liabilities | 67,953 | 72,952 | 55,964 | 41,949 | 27,264 | 38,064 | 24,823 | 28,337 | 27,696 | 22,182 | 33,086 | 40,860 | 34,163 | 14,627 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 67,953 | 72,952 | 55,964 | 41,949 | 27,264 | 38,064 | 24,823 | 28,337 | 27,696 | 22,182 | 33,086 | 40,860 | 34,163 | 14,627 |
| net assets | 56,576 | 56,017 | 52,939 | 43,633 | 30,115 | 28,013 | 22,165 | 21,616 | 19,636 | 18,857 | 14,419 | 10,862 | 7,822 | 7,640 |
| total shareholders funds | 56,576 | 56,017 | 52,939 | 43,633 | 30,115 | 28,013 | 22,165 | 21,616 | 19,636 | 18,857 | 14,419 | 10,862 | 7,822 | 7,640 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 7,210 | 677 | 2,462 | 958 | 5,542 | 4,408 | 3,924 | 280 | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 160 | 212 | 213 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,372 | -136 | -495 | -190 | -1,112 | -859 | -892 | -98 | ||||||
| Stock | -52 | -677 | 818 | -16 | 357 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -8,505 | 8,204 | 8,272 | 9,808 | -20,123 | -10,507 | 8,724 | 8,442 | -6,218 | 4,526 | -1,225 | 790 | 16,062 | 8,554 |
| Creditors | 8,498 | 3,989 | 3,500 | 959 | -4,311 | 3,496 | 184 | -143 | 193 | -4,747 | -388 | -7,473 | -1,389 | 14,627 |
| Accruals and Deferred Income | -9,519 | 11,548 | 8,890 | 14,052 | -9,667 | 8,928 | -3,698 | 836 | 12,217 | -4,153 | -8,522 | 6,354 | 20,925 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 28,769 | -11,697 | -5,782 | 19,396 | -8,996 | -4,136 | 1,283 | 3,868 | ||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -3,978 | 1,451 | 1,625 | -326 | 3,178 | 817 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 10 | -377 | -423 | -378 | -245 | -267 | -331 | -326 | ||||||
| cash flow from financing | 827 | -377 | -423 | -378 | -245 | -267 | -331 | -326 | ||||||
| cash and cash equivalents | ||||||||||||||
| cash | 4,117 | 12,539 | 14,231 | 18,411 | 11,068 | 29,596 | -11,689 | -5,821 | 12,511 | -10,992 | -2,992 | 9,107 | 3,868 | 13,341 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -52 | -6,896 | -2,004 | 1,136 | 7,816 | 0 | 0 |
| change in cash | 4,117 | 12,539 | 14,231 | 18,411 | 11,068 | 29,596 | -11,689 | -5,769 | 19,407 | -8,988 | -4,128 | 1,291 | 3,868 | 13,341 |
borders area services limited Credit Report and Business Information
Borders Area Services Limited Competitor Analysis
Perform a competitor analysis for borders area services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in TD4 area or any other competitors across 12 key performance metrics.
borders area services limited Ownership
BORDERS AREA SERVICES LIMITED group structure
Borders Area Services Limited has no subsidiary companies.
Ultimate parent company
1 parent
BORDERS AREA SERVICES LIMITED
SC222153
borders area services limited directors
Borders Area Services Limited currently has 3 directors. The longest serving directors include Mr Guy Lee (Nov 2006) and Mr Sion Williams (May 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Guy Lee | United Kingdom | 72 years | Nov 2006 | - | Director |
| Mr Sion Williams | United Kingdom | 47 years | May 2018 | - | Director |
| Mr James Shanks | United Kingdom | 45 years | May 2018 | - | Director |
P&L
April 2023turnover
1.4m
+1007%
operating profit
-3.3k
0%
gross margin
21.6%
+3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
56.6k
+0.01%
total assets
124.5k
-0.03%
cash
97.3k
+0.04%
net assets
Total assets minus all liabilities
Similar Companies
borders area services limited company details
company number
SC222153
Type
Private limited with Share Capital
industry
46760 - Wholesale of other intermediate products
78200 - Temporary employment agency activities
incorporation date
August 2001
age
23
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
borders area labour services limited (January 2002)
last accounts submitted
April 2023
address
leader house mill road, earlston, TD4 6DG
accountant
DOUGLAS HOME & CO (AUDIT) LTD
auditor
-
borders area services 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 borders area services limited.
borders area services limited Companies House Filings - See Documents
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