peacock & binnington Company Information
Company Number
00328944
Website
www.peacock.co.ukRegistered Address
old foundry, bridge street, brigg, north lincolnshire, DN20 8NR
Industry
Agents involved in the sale of machinery, industrial equipment, ships and aircraft
Telephone
01652600200
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
peacock & binnington holdings ltd 100%
peacock & binnington Estimated Valuation
Pomanda estimates the enterprise value of PEACOCK & BINNINGTON at £40.8m based on a Turnover of £88.3m and 0.46x industry multiple (adjusted for size and gross margin).
peacock & binnington Estimated Valuation
Pomanda estimates the enterprise value of PEACOCK & BINNINGTON at £12m based on an EBITDA of £2.4m and a 5.02x industry multiple (adjusted for size and gross margin).
peacock & binnington Estimated Valuation
Pomanda estimates the enterprise value of PEACOCK & BINNINGTON at £19m based on Net Assets of £10.6m and 1.8x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Peacock & Binnington Overview
Peacock & Binnington is a live company located in brigg, DN20 8NR with a Companies House number of 00328944. It operates in the agents involved in the sale of machinery, industrial equipment, ships and aircraft sector, SIC Code 46140. Founded in June 1937, it's largest shareholder is peacock & binnington holdings ltd with a 100% stake. Peacock & Binnington is a mature, large sized company, Pomanda has estimated its turnover at £88.3m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Peacock & Binnington Health Check
Pomanda's financial health check has awarded Peacock & Binnington a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
6 Strong
![positive_score](/assets/images/scoreRate1.png)
1 Regular
![positive_score](/assets/images/scoreRate0.png)
5 Weak
![size](/assets/images/scoreRate2.png)
Size
annual sales of £88.3m, make it larger than the average company (£14.2m)
£88.3m - Peacock & Binnington
£14.2m - Industry AVG
![growth](/assets/images/scoreRate2.png)
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (2.8%)
9% - Peacock & Binnington
2.8% - Industry AVG
![production](/assets/images/scoreRate0.png)
Production
with a gross margin of 10.8%, this company has a higher cost of product (25.8%)
10.8% - Peacock & Binnington
25.8% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of 1.6% make it less profitable than the average company (5.3%)
1.6% - Peacock & Binnington
5.3% - Industry AVG
![employees](/assets/images/scoreRate2.png)
Employees
with 166 employees, this is above the industry average (33)
166 - Peacock & Binnington
33 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £43.7k, the company has an equivalent pay structure (£48.5k)
£43.7k - Peacock & Binnington
£48.5k - Industry AVG
![efficiency](/assets/images/scoreRate2.png)
Efficiency
resulting in sales per employee of £532.1k, this is more efficient (£351.4k)
£532.1k - Peacock & Binnington
£351.4k - Industry AVG
![debtordays](/assets/images/scoreRate2.png)
Debtor Days
it gets paid by customers after 21 days, this is earlier than average (49 days)
21 days - Peacock & Binnington
49 days - Industry AVG
![creditordays](/assets/images/scoreRate2.png)
Creditor Days
its suppliers are paid after 109 days, this is slower than average (36 days)
109 days - Peacock & Binnington
36 days - Industry AVG
![stockdays](/assets/images/scoreRate0.png)
Stock Days
it holds stock equivalent to 116 days, this is more than average (78 days)
116 days - Peacock & Binnington
78 days - Industry AVG
![cashbalance](/assets/images/scoreRate0.png)
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (12 weeks)
3 weeks - Peacock & Binnington
12 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate0.png)
Debt Level
it has a ratio of liabilities to total assets of 72.6%, this is a higher level of debt than the average (60.7%)
72.6% - Peacock & Binnington
60.7% - Industry AVG
PEACOCK & BINNINGTON financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Peacock & Binnington's latest turnover from December 2022 is £88.3 million and the company has net assets of £10.6 million. According to their latest financial statements, Peacock & Binnington has 166 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 88,327,705 | 65,617,238 | 68,796,528 | 67,740,379 | 51,995,805 | 48,403,404 | 38,667,180 | 36,523,378 | 40,318,596 | 37,981,164 | 38,135,255 | 35,981,956 | 34,752,190 | 33,867,884 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 78,810,923 | 58,352,105 | 61,511,877 | 60,567,259 | 46,048,306 | 42,817,737 | 33,940,041 | 32,184,490 | 35,513,343 | 34,040,892 | 34,293,845 | 32,270,345 | 31,554,513 | 30,901,539 |
Gross Profit | 9,516,782 | 7,265,133 | 7,284,651 | 7,173,120 | 5,947,499 | 5,585,667 | 4,727,139 | 4,338,888 | 4,805,253 | 3,940,272 | 3,841,410 | 3,711,611 | 3,197,677 | 2,966,345 |
Admin Expenses | 8,082,304 | 6,448,779 | 6,078,172 | 5,902,576 | 4,863,442 | 4,435,609 | 4,028,482 | 3,870,136 | 3,931,228 | 3,433,615 | 3,178,457 | 3,577,480 | 2,977,124 | 2,589,531 |
Operating Profit | 1,434,478 | 816,354 | 1,206,479 | 1,270,544 | 1,084,057 | 1,150,058 | 698,657 | 468,752 | 874,025 | 506,657 | 662,953 | 134,131 | 220,553 | 376,814 |
Interest Payable | 584,074 | 315,031 | 402,982 | 442,935 | 209,489 | 145,074 | 200,838 | 226,897 | 167,378 | 198,484 | 159,520 | 105,977 | 100,266 | 110,220 |
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 19 | 0 | 0 | 0 | 0 | 2,187 | 0 | 0 | 0 |
Pre-Tax Profit | 850,404 | 553,859 | 803,497 | 827,609 | 913,123 | 1,005,003 | 497,819 | 241,855 | 706,647 | 308,173 | 505,620 | 361,341 | 202,400 | 266,594 |
Tax | -219,454 | -155,962 | -204,756 | -213,644 | -175,641 | -213,047 | -116,716 | -66,448 | -162,870 | -78,637 | -111,098 | 214,196 | -10,355 | -6,171 |
Profit After Tax | 630,950 | 397,897 | 598,741 | 613,965 | 737,482 | 791,956 | 381,103 | 175,407 | 543,777 | 229,536 | 394,522 | 575,537 | 192,045 | 260,423 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 141,000 | 0 | 0 | 0 |
Retained Profit | 630,950 | 397,897 | 598,741 | 613,965 | 737,482 | 791,956 | 381,103 | 175,407 | 543,777 | 229,536 | 253,522 | 575,537 | 192,045 | 260,423 |
Employee Costs | 7,261,653 | 6,077,924 | 5,700,766 | 5,217,484 | 4,294,800 | 4,064,972 | 3,593,289 | 3,354,290 | 3,317,694 | 2,881,112 | 2,923,070 | 3,160,781 | 2,580,522 | 2,324,358 |
Number Of Employees | 166 | 150 | 146 | 144 | 136 | 117 | 101 | 93 | 98 | 94 | 85 | 88 | 86 | 84 |
EBITDA* | 2,390,299 | 1,630,106 | 2,024,228 | 1,693,574 | 1,518,186 | 1,453,219 | 1,083,972 | 827,187 | 1,189,955 | 799,812 | 926,381 | 379,884 | 424,607 | 594,817 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 5,503,157 | 5,326,694 | 5,299,027 | 2,871,539 | 2,261,127 | 1,650,404 | 1,676,159 | 1,745,141 | 1,668,688 | 1,697,696 | 1,647,156 | 1,607,871 | 1,265,694 | 1,272,834 |
Intangible Assets | 360,000 | 600,000 | 600,000 | 800,000 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 2,640 | 2,640 | 2,500 | 2,500 | 2,500 | 0 | 0 | 0 | 0 | 0 | 0 | 7,021 | 7,021 | 7,021 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 5,865,797 | 5,929,334 | 5,901,527 | 3,674,039 | 3,263,627 | 1,650,404 | 1,676,159 | 1,745,141 | 1,668,688 | 1,697,696 | 1,647,156 | 1,614,892 | 1,272,715 | 1,279,855 |
Stock & work in progress | 25,157,322 | 23,173,241 | 20,943,174 | 20,256,329 | 19,457,835 | 13,335,379 | 10,868,825 | 10,694,418 | 9,592,685 | 7,812,726 | 8,899,750 | 6,461,170 | 6,014,840 | 4,928,217 |
Trade Debtors | 5,183,764 | 4,018,174 | 4,986,470 | 5,533,133 | 2,573,712 | 3,306,698 | 3,092,744 | 2,275,058 | 3,245,658 | 2,240,290 | 1,730,178 | 1,368,901 | 2,038,335 | 1,584,128 |
Group Debtors | 253,981 | 280,740 | 288,005 | 8,074 | 8,074 | 8,074 | 8,074 | 8,074 | 8,074 | 8,074 | 8,073 | 8,074 | 24,533 | 24,563 |
Misc Debtors | 360,994 | 374,297 | 144,247 | 492,572 | 680,726 | 448,129 | 245,407 | 222,780 | 144,520 | 150,176 | 187,571 | 289,544 | 50,944 | 35,594 |
Cash | 1,620,272 | 1,075,911 | 1,455,464 | 60,168 | 22,017 | 934,025 | 11,269 | 0 | 135 | 135 | 135 | 135 | 3,744 | 3,454 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 32,576,333 | 28,922,363 | 27,817,360 | 26,350,276 | 22,742,364 | 18,032,305 | 14,226,319 | 13,200,330 | 12,991,072 | 10,211,401 | 10,825,707 | 8,127,824 | 8,132,396 | 6,575,956 |
total assets | 38,442,130 | 34,851,697 | 33,718,887 | 30,024,315 | 26,005,991 | 19,682,709 | 15,902,478 | 14,945,471 | 14,659,760 | 11,909,097 | 12,472,863 | 9,742,716 | 9,405,111 | 7,855,811 |
Bank overdraft | 0 | 0 | 0 | 640,774 | 0 | 0 | 0 | 0 | 0 | 539,389 | 554,365 | 598,755 | 761,072 | 1,061,053 |
Bank loan | 861,078 | 221,204 | 550,449 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 69,360 | 69,366 | 0 | 0 |
Trade Creditors | 23,578,303 | 20,259,723 | 20,601,059 | 19,232,279 | 14,990,495 | 13,029,184 | 9,612,356 | 8,696,583 | 8,303,847 | 6,793,373 | 7,566,945 | 4,586,280 | 5,532,821 | 3,563,892 |
Group/Directors Accounts | 288,819 | 289,333 | 25,325 | 5,000 | 7,378 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 1,187,158 | 115,926 | 0 | 679,663 | 1,018,641 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 319,088 | 285,659 | 206,611 | 183,543 | 0 | 0 | 150,295 | 0 | 0 | 161,014 | 140,558 | 94,002 | 35,509 | 14,638 |
other current liabilities | 898,487 | 1,128,494 | 945,304 | 1,058,466 | 1,045,319 | 634,475 | 1,030,288 | 830,140 | 803,959 | 338,615 | 190,725 | 652,730 | 231,074 | 598,987 |
total current liabilities | 25,945,775 | 22,184,413 | 22,328,748 | 21,120,062 | 17,230,350 | 13,779,585 | 10,792,939 | 10,206,386 | 10,126,447 | 7,832,391 | 8,521,953 | 6,001,133 | 6,560,476 | 5,238,570 |
loans | 770,153 | 1,765,407 | 920,348 | 1,522,103 | 2,162,721 | 0 | 0 | 163,980 | 140,110 | 121,359 | 190,747 | 258,091 | 0 | 0 |
hp & lease commitments | 377,920 | 223,899 | 229,596 | 171,256 | 115,555 | 158,347 | 163,594 | 0 | 0 | 118,956 | 153,305 | 130,156 | 66,836 | 31,487 |
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 | 795,451 | 768,236 | 594,818 | 130,813 | 31,249 | 16,143 | 9,267 | 19,530 | 13,035 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 1,943,524 | 2,757,542 | 1,744,762 | 1,824,172 | 2,309,525 | 174,490 | 172,861 | 183,510 | 153,145 | 240,315 | 344,052 | 388,247 | 66,836 | 31,487 |
total liabilities | 27,889,299 | 24,941,955 | 24,073,510 | 22,944,234 | 19,539,875 | 13,954,075 | 10,965,800 | 10,389,896 | 10,279,592 | 8,072,706 | 8,866,005 | 6,389,380 | 6,627,312 | 5,270,057 |
net assets | 10,552,831 | 9,909,742 | 9,645,377 | 7,080,081 | 6,466,116 | 5,728,634 | 4,936,678 | 4,555,575 | 4,380,168 | 3,836,391 | 3,606,858 | 3,353,336 | 2,777,799 | 2,585,754 |
total shareholders funds | 10,552,831 | 9,909,742 | 9,645,377 | 7,080,081 | 6,466,116 | 5,728,634 | 4,936,678 | 4,555,575 | 4,380,168 | 3,836,391 | 3,606,858 | 3,353,336 | 2,777,799 | 2,585,754 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 1,434,478 | 816,354 | 1,206,479 | 1,270,544 | 1,084,057 | 1,150,058 | 698,657 | 468,752 | 874,025 | 506,657 | 662,953 | 134,131 | 220,553 | 376,814 |
Depreciation | 715,821 | 613,752 | 617,749 | 223,030 | 434,129 | 303,161 | 385,315 | 358,435 | 315,930 | 293,155 | 263,428 | 245,753 | 204,054 | 218,003 |
Amortisation | 240,000 | 200,000 | 200,000 | 200,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -219,454 | -155,962 | -204,756 | -213,644 | -175,641 | -213,047 | -116,716 | -66,448 | -162,870 | -78,637 | -111,098 | 214,196 | -10,355 | -6,171 |
Stock | 1,984,081 | 2,230,067 | 686,845 | 798,494 | 6,122,456 | 2,466,554 | 174,407 | 1,101,733 | 1,779,959 | -1,087,024 | 2,438,580 | 446,330 | 1,086,623 | 4,928,217 |
Debtors | 1,125,528 | -745,511 | -615,057 | 2,771,267 | -500,389 | 416,676 | 840,313 | -892,340 | 999,712 | 472,718 | 259,303 | -447,293 | 469,527 | 1,644,285 |
Creditors | 3,318,580 | -341,336 | 1,368,780 | 4,241,784 | 1,961,311 | 3,416,828 | 915,773 | 392,736 | 1,510,474 | -773,572 | 2,980,665 | -946,541 | 1,968,929 | 3,563,892 |
Accruals and Deferred Income | -230,007 | 183,190 | -113,162 | 13,147 | 410,844 | -395,813 | 200,148 | 26,181 | 465,344 | 147,890 | -462,005 | 421,656 | -367,913 | 598,987 |
Deferred Taxes & Provisions | 27,215 | 173,418 | 464,005 | 99,564 | 15,106 | 6,876 | -10,263 | 6,495 | 13,035 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 2,177,024 | 4,860 | 3,467,307 | 2,264,664 | -1,892,261 | 1,384,833 | 1,058,194 | 976,758 | 236,267 | 709,799 | 636,060 | 70,158 | 459,118 | -1,820,977 |
Investing Activities | ||||||||||||||
capital expenditure | 0 | 0 | 0 | 0 | 44,836 | 56,940 | -121,467 | -146,627 | -150,380 | -205,896 | -113,434 | -55,884 | -116,302 | -209,422 |
Change in Investments | 0 | 140 | 0 | 0 | 2,500 | 0 | 0 | 0 | 0 | 0 | -7,021 | 0 | 0 | 7,021 |
cash flow from investments | 0 | -140 | 0 | 0 | 42,336 | 56,940 | -121,467 | -146,627 | -150,380 | -205,896 | -106,413 | -55,884 | -116,302 | -216,443 |
Financing Activities | ||||||||||||||
Bank loans | 639,874 | -329,245 | 550,449 | 0 | 0 | 0 | 0 | 0 | 0 | -69,360 | -6 | 69,366 | 0 | 0 |
Group/Directors Accounts | -514 | 264,008 | 20,325 | -2,378 | 7,378 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | -1,187,158 | 1,071,232 | 115,926 | -679,663 | -338,978 | 1,018,641 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -995,254 | 845,059 | -601,755 | -640,618 | 2,162,721 | 0 | -163,980 | 23,870 | 18,751 | -69,388 | -67,344 | 258,091 | 0 | 0 |
Hire Purchase and Lease Commitments | 187,450 | 73,351 | 81,408 | 239,244 | -42,792 | -155,542 | 313,889 | 0 | -279,970 | -13,893 | 69,705 | 121,813 | 56,220 | 46,125 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | -584,074 | -315,031 | -402,982 | -442,935 | -209,489 | -145,055 | -200,838 | -226,897 | -167,378 | -198,484 | -157,333 | -105,977 | -100,266 | -110,220 |
cash flow from financing | -740,379 | 404,610 | 1,614,000 | -2,033,845 | 2,989,050 | -184,671 | -730,592 | -542,005 | 590,044 | -351,128 | -154,978 | 343,293 | -44,046 | 2,261,236 |
cash and cash equivalents | ||||||||||||||
cash | 544,361 | -379,553 | 1,395,296 | 38,151 | -912,008 | 922,756 | 11,269 | -135 | 0 | 0 | 0 | -3,609 | 290 | 3,454 |
overdraft | 0 | 0 | -640,774 | 640,774 | 0 | 0 | 0 | 0 | -539,389 | -14,976 | -44,390 | -162,317 | -299,981 | 1,061,053 |
change in cash | 544,361 | -379,553 | 2,036,070 | -602,623 | -912,008 | 922,756 | 11,269 | -135 | 539,389 | 14,976 | 44,390 | 158,708 | 300,271 | -1,057,599 |
peacock & binnington Credit Report and Business Information
Peacock & Binnington Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for peacock & binnington by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in DN20 area or any other competitors across 12 key performance metrics.
peacock & binnington Ownership
PEACOCK & BINNINGTON group structure
Peacock & Binnington has 1 subsidiary company.
Ultimate parent company
1 parent
PEACOCK & BINNINGTON
00328944
1 subsidiary
peacock & binnington directors
Peacock & Binnington currently has 7 directors. The longest serving directors include Mr Nicholas Peacock (Oct 1992) and Mr Graham Main (Jan 2010).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Nicholas Peacock | 55 years | Oct 1992 | - | Director | |
Mr Graham Main | England | 54 years | Jan 2010 | - | Director |
Mr Marcus Bourne | 53 years | Jan 2016 | - | Director | |
Mr Richard Cross | England | 52 years | Sep 2018 | - | Director |
Mr Andrew Walker | 47 years | Jan 2019 | - | Director | |
Mr Mark Farleigh | England | 43 years | Jan 2019 | - | Director |
Mr David Franks | 66 years | Oct 2021 | - | Director |
P&L
December 2022turnover
88.3m
+35%
operating profit
1.4m
+76%
gross margin
10.8%
-2.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
10.6m
+0.06%
total assets
38.4m
+0.1%
cash
1.6m
+0.51%
net assets
Total assets minus all liabilities
Similar Companies
peacock & binnington company details
company number
00328944
Type
Private unlimited with Share Capital
industry
46140 - Agents involved in the sale of machinery, industrial equipment, ships and aircraft
incorporation date
June 1937
age
87
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
old foundry, bridge street, brigg, north lincolnshire, DN20 8NR
last accounts submitted
December 2022
peacock & binnington 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 8 charges/mortgages relating to peacock & binnington. Currently there are 7 open charges and 1 have been satisfied in the past.
![charges](/assets/images/company_charges.png)
peacock & binnington Companies House Filings - See Documents
date | description | view/download |
---|