credential bath street limited
credential bath street limited Company Information
Company Number
SC242761
Next Accounts
Feb 2025
Shareholders
tosca glasgow ii limited
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
319 st vincent street, glasgow, G2 5AS
Website
-credential bath street limited Estimated Valuation
Pomanda estimates the enterprise value of CREDENTIAL BATH STREET LIMITED at £1.5m based on a Turnover of £385.8k and 3.76x industry multiple (adjusted for size and gross margin).
credential bath street limited Estimated Valuation
Pomanda estimates the enterprise value of CREDENTIAL BATH STREET LIMITED at £2.6m based on an EBITDA of £356.2k and a 7.44x industry multiple (adjusted for size and gross margin).
credential bath street limited Estimated Valuation
Pomanda estimates the enterprise value of CREDENTIAL BATH STREET LIMITED at £3m based on Net Assets of £1.7m and 1.71x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Credential Bath Street Limited Overview
Credential Bath Street Limited is a dissolved company that was located in glasgow, G2 5AS with a Companies House number of SC242761. It operated in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 2003, it's largest shareholder was tosca glasgow ii limited with a 100% stake. The last turnover for Credential Bath Street Limited was estimated at £385.8k.
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Credential Bath Street Limited Health Check
Pomanda's financial health check has awarded Credential Bath Street Limited a 3.5 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
2 Strong
4 Regular
5 Weak
Size
annual sales of £385.8k, make it smaller than the average company (£499.2k)
£385.8k - Credential Bath Street Limited
£499.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (3%)
-2% - Credential Bath Street Limited
3% - Industry AVG
Production
with a gross margin of 84.6%, this company has a comparable cost of product (72.5%)
84.6% - Credential Bath Street Limited
72.5% - Industry AVG
Profitability
an operating margin of 92.3% make it more profitable than the average company (49.1%)
92.3% - Credential Bath Street Limited
49.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
- Credential Bath Street Limited
4 - Industry AVG
Pay Structure
on an average salary of £26.7k, the company has an equivalent pay structure (£26.7k)
- Credential Bath Street Limited
£26.7k - Industry AVG
Efficiency
resulting in sales per employee of £128.6k, this is equally as efficient (£144.2k)
- Credential Bath Street Limited
£144.2k - Industry AVG
Debtor Days
it gets paid by customers after 200 days, this is later than average (28 days)
200 days - Credential Bath Street Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 254 days, this is slower than average (38 days)
254 days - Credential Bath Street Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Credential Bath Street Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (14 weeks)
1 weeks - Credential Bath Street Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.5%, this is a similar level of debt than the average (62.5%)
62.5% - Credential Bath Street Limited
62.5% - Industry AVG
CREDENTIAL BATH STREET LIMITED financials
Credential Bath Street Limited's latest turnover from December 2016 is £385.8 thousand and the company has net assets of £1.7 million. According to their latest financial statements, we estimate that Credential Bath Street Limited has 3 employees and maintains cash reserves of £56.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2016 | Dec 2015 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 385,822 | 289,284 | 413,025 | 379,137 | 407,488 | 414,571 | 389,571 | 349,796 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 59,360 | 41,416 | 65,631 | 37,490 | 37,426 | 26,385 | 22,795 | 72,999 |
| Gross Profit | 326,462 | 247,868 | 347,394 | 341,647 | 370,062 | 388,186 | 366,776 | 276,797 |
| Admin Expenses | -29,757 | 116,266 | 2,229 | -597,528 | 7,858 | 2,548 | -662,325 | 128,062 |
| Operating Profit | 356,219 | 131,602 | 345,165 | 939,175 | 362,204 | 385,638 | 1,029,101 | 148,735 |
| Interest Payable | 0 | 93,635 | 139,114 | 173,629 | 213,277 | 0 | 276,096 | 142,557 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 763 | 552 |
| Pre-Tax Profit | 356,219 | 37,967 | 341,051 | 765,546 | 148,427 | 385,638 | 753,768 | 6,730 |
| Tax | -2,351 | 0 | -4,238 | 4,320 | 9,730 | -88,414 | 0 | 0 |
| Profit After Tax | 353,868 | 37,967 | 336,813 | 769,866 | 158,157 | 297,224 | 753,768 | 6,730 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 353,868 | 37,967 | 336,813 | 769,866 | 158,157 | 297,224 | 753,768 | 6,730 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Number Of Employees | ||||||||
| EBITDA* | 356,219 | 131,602 | 345,165 | 939,175 | 362,204 | 385,638 | 1,029,101 | 148,735 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2016 | Dec 2015 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 4,175,000 | 4,070,000 | 4,185,000 | 4,050,000 | 3,000,000 | 4,350,000 | 4,000,000 | 4,350,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,175,000 | 4,070,000 | 4,185,000 | 4,050,000 | 3,000,000 | 4,350,000 | 4,000,000 | 4,350,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 211,605 | 13,710 | 95,055 | 91,066 | 49,115 | 3,330 | 28,812 | 38,611 |
| Group Debtors | 0 | 17,582 | 17,582 | 2,869 | 0 | 0 | 0 | 0 |
| Misc Debtors | 171,159 | 49,985 | 54,988 | 200,335 | 118,821 | 161,294 | 77,466 | 58,847 |
| Cash | 56,180 | 27,117 | 73,522 | 50,957 | 47,395 | 32,403 | 18,902 | 17,467 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 438,944 | 108,394 | 241,147 | 345,227 | 215,331 | 197,027 | 125,180 | 114,925 |
| total assets | 4,613,944 | 4,178,394 | 4,426,147 | 4,395,227 | 3,215,331 | 4,547,027 | 4,125,180 | 4,464,925 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 41,337 | 3,014 | 409 | 14,165 | 11,716 | 14,894 | 8,297 | 56,127 |
| Group/Directors Accounts | 2,649,289 | 2,644,508 | 2,908,732 | 3,212,931 | 3,852,189 | 3,975,396 | 4,798,184 | 5,421,799 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 95,496 | 59,269 | 83,370 | 76,822 | 74,387 | 89,153 | 77,617 | 149,525 |
| total current liabilities | 2,786,122 | 2,706,791 | 2,992,511 | 3,303,918 | 3,938,292 | 4,079,443 | 4,884,098 | 5,627,451 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 96,271 | 93,920 | 93,920 | 88,406 | 94,002 | 88,414 | 0 | 0 |
| total long term liabilities | 96,271 | 93,920 | 93,920 | 88,406 | 94,002 | 88,414 | 0 | 0 |
| total liabilities | 2,882,393 | 2,800,711 | 3,086,431 | 3,392,324 | 4,032,294 | 4,167,857 | 4,884,098 | 5,627,451 |
| net assets | 1,731,551 | 1,377,683 | 1,339,716 | 1,002,903 | -816,963 | 379,170 | -758,918 | -1,162,526 |
| total shareholders funds | 1,731,551 | 1,377,683 | 1,339,716 | 1,002,903 | -816,963 | 379,170 | -758,918 | -1,162,526 |
| Dec 2016 | Dec 2015 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 356,219 | 131,602 | 345,165 | 939,175 | 362,204 | 385,638 | 1,029,101 | 148,735 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -2,351 | 0 | -4,238 | 4,320 | 9,730 | -88,414 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 301,487 | -212,993 | -126,645 | 126,334 | 3,312 | 58,346 | 8,820 | 97,458 |
| Creditors | 38,323 | -11,151 | -13,756 | 2,449 | -3,178 | 6,597 | -47,830 | 56,127 |
| Accruals and Deferred Income | 36,227 | -17,553 | 6,548 | 2,435 | -14,766 | 11,536 | -71,908 | 149,525 |
| Deferred Taxes & Provisions | 2,351 | 5,514 | 5,514 | -5,596 | 5,588 | 88,414 | 0 | 0 |
| Cash flow from operations | 129,282 | 321,405 | 465,878 | 816,449 | 356,266 | 345,425 | 900,543 | 256,929 |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 105,000 | 20,000 | 135,000 | 1,050,000 | -1,350,000 | 350,000 | -350,000 | 4,350,000 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 4,781 | -568,423 | -304,199 | -639,258 | -123,207 | -822,788 | -623,615 | 5,421,799 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | -93,635 | -139,114 | -173,629 | -213,277 | 0 | -275,333 | -142,005 |
| cash flow from financing | 4,781 | -325,245 | -443,313 | 237,113 | -1,690,774 | 18,076 | -1,249,108 | 4,110,538 |
| cash and cash equivalents | ||||||||
| cash | 29,063 | -23,840 | 22,565 | 3,562 | 14,992 | 13,501 | 1,435 | 17,467 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 29,063 | -23,840 | 22,565 | 3,562 | 14,992 | 13,501 | 1,435 | 17,467 |
credential bath street limited Credit Report and Business Information
Credential Bath Street Limited Competitor Analysis
Perform a competitor analysis for credential bath street limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in G 2 area or any other competitors across 12 key performance metrics.
credential bath street limited Ownership
CREDENTIAL BATH STREET LIMITED group structure
Credential Bath Street Limited has no subsidiary companies.
Ultimate parent company
REGIONAL REIT LTD
#0079942
2 parents
CREDENTIAL BATH STREET LIMITED
SC242761
credential bath street limited directors
Credential Bath Street Limited currently has 3 directors. The longest serving directors include Mr Ronald Clapham (Aug 2003) and Mr Derek McDonald (Mar 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ronald Clapham | Scotland | 73 years | Aug 2003 | - | Director |
| Mr Derek McDonald | United Kingdom | 57 years | Mar 2017 | - | Director |
| Ms Sarah Campbell | United Kingdom | 46 years | Mar 2017 | - | Director |
P&L
December 2016turnover
385.8k
+33%
operating profit
356.2k
+171%
gross margin
84.7%
-1.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2016net assets
1.7m
+0.26%
total assets
4.6m
+0.1%
cash
56.2k
+1.07%
net assets
Total assets minus all liabilities
credential bath street limited company details
company number
SC242761
Type
Private limited with Share Capital
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
January 2003
age
22
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2016
previous names
quillco 135 limited (September 2003)
accountant
-
auditor
-
address
319 st vincent street, glasgow, G2 5AS
Bank
BANK OF SCOTLAND
Legal Advisor
-
credential bath street 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 11 charges/mortgages relating to credential bath street limited. Currently there are 0 open charges and 11 have been satisfied in the past.
credential bath street 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.
Click to start generating capital raising & share issue transactions for CREDENTIAL BATH STREET LIMITED. This can take several minutes, an email will notify you when this has completed.
credential bath street limited Companies House Filings - See Documents
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