Pomanda estimates the enterprise value of PROVINCIAL ENGINEERING (COLNE) LIMITED at £578k based on a Turnover of £1.2m and 0.5x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of PROVINCIAL ENGINEERING (COLNE) LIMITED at £27.3k based on an EBITDA of £6.9k and a 3.94x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of PROVINCIAL ENGINEERING (COLNE) LIMITED at £249.7k based on Net Assets of £176.7k and 1.41x industry multiple (adjusted for liquidity).
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Provincial Engineering (colne) LimitedOverview
Provincial Engineering (colne) Limited is a live company located in lancashire, BB8 0TA with a Companies House number of 00689349. It operates in the development of building projects sector, SIC Code 41100. Founded in April 1961, it's largest shareholder is
holmes ssas
with a 50% stake. Provincial Engineering (colne) Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.2m with
healthy
growth in recent years.
Provincial Engineering (colne) Limited Health Check
Pomanda's financial health check has awarded Provincial Engineering (Colne) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
2 Strong
4 Regular
3 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£2.5m)
£1.2m - Provincial Engineering (colne) Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (4.8%)
14% - Provincial Engineering (colne) Limited
4.8% - Industry AVG
Production
with a gross margin of 27.1%, this company has a comparable cost of product (27.1%)
27.1% - Provincial Engineering (colne) Limited
27.1% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (6.9%)
0.6% - Provincial Engineering (colne) Limited
6.9% - Industry AVG
Employees
with 4 employees, this is below the industry average (7)
4 - Provincial Engineering (colne) Limited
7 - Industry AVG
Pay Structure
on an average salary of £48.1k, the company has an equivalent pay structure (£48.1k)
£48.1k - Provincial Engineering (colne) Limited
£48.1k - Industry AVG
Efficiency
resulting in sales per employee of £290.1k, this is equally as efficient (£290.1k)
£290.1k - Provincial Engineering (colne) Limited
£290.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Provincial Engineering (colne) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Provincial Engineering (colne) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Provincial Engineering (colne) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 10 weeks, this is average cash available to meet short term requirements (12 weeks)
10 weeks - Provincial Engineering (colne) Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.8%, this is a lower level of debt than the average (73.6%)
35.8% - Provincial Engineering (colne) Limited
73.6% - Industry AVG
PROVINCIAL ENGINEERING (COLNE) LIMITED financials
EXPORT
Provincial Engineering (Colne) Limited's latest turnover from December 2023 is estimated at £1.2 million and the company has net assets of £176.7 thousand. According to their latest financial statements, Provincial Engineering (Colne) Limited has 4 employees and maintains cash reserves of £10.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
1,160,253
473,660
464,702
787,742
810,793
492,899
465,631
1,030,699
490,292
162,219
102,476
84,145
154,135
137,063
409,020
Other Income Or Grants
Cost Of Sales
846,030
347,433
347,527
579,792
589,473
348,833
327,682
710,782
344,545
116,260
73,241
59,459
111,861
100,361
291,816
Gross Profit
314,223
126,227
117,175
207,950
221,320
144,065
137,948
319,916
145,747
45,959
29,235
24,686
42,275
36,701
117,204
Admin Expenses
307,279
124,591
118,019
206,625
226,265
143,181
142,436
322,358
150,244
95,267
57,484
66,828
100,129
82,104
-265,764
Operating Profit
6,944
1,636
-844
1,325
-4,945
884
-4,488
-2,442
-4,497
-49,308
-28,249
-42,142
-57,854
-45,403
382,968
Interest Payable
5,456
4,445
2,827
2,616
1,392
496
1,042
526
Interest Receivable
426
242
22
9
63
70
34
19
26
97
228
371
567
704
363
Pre-Tax Profit
1,915
-2,567
-3,649
-1,282
-6,274
954
-4,454
-2,919
-5,514
-49,738
-28,021
-41,771
-57,287
-44,699
383,331
Tax
-479
-181
-107,333
Profit After Tax
1,436
-2,567
-3,649
-1,282
-6,274
773
-4,454
-2,919
-5,514
-49,738
-28,021
-41,771
-57,287
-44,699
275,998
Dividends Paid
Retained Profit
1,436
-2,567
-3,649
-1,282
-6,274
773
-4,454
-2,919
-5,514
-49,738
-28,021
-41,771
-57,287
-44,699
275,998
Employee Costs
192,546
184,553
180,960
133,179
130,434
172,163
167,567
164,887
165,545
39,048
36,533
36,035
35,458
34,257
67,197
Number Of Employees
4
4
4
3
3
4
4
4
4
1
1
1
1
1
2
EBITDA*
6,944
1,636
-844
1,325
-3,118
2,118
-2,599
-514
-2,287
-46,167
-24,767
-38,203
-53,781
-35,608
394,190
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
89,502
91,329
92,563
94,452
97,121
101,431
104,572
108,055
110,567
135,928
156,493
Intangible Assets
Investments & Other
265,000
265,000
265,000
89,502
Debtors (Due After 1 year)
Total Fixed Assets
265,000
265,000
265,000
89,502
89,502
91,329
92,563
94,452
97,121
101,431
104,572
108,055
110,567
135,928
156,493
Stock & work in progress
500
500
Trade Debtors
2,652
1,152
6,293
2,652
3,817
2,792
3,848
2,578
12,304
12,190
49,618
Group Debtors
Misc Debtors
405
574
Cash
10,470
5,765
8,070
9,376
8,336
8,425
3,348
10,220
4,736
5,511
33,160
58,024
90,496
136,260
145,149
misc current assets
total current assets
10,470
8,417
9,222
9,781
8,910
14,718
6,000
10,220
8,553
8,303
37,008
60,602
102,800
148,950
195,267
total assets
275,470
273,417
274,222
99,283
98,412
106,047
98,563
104,672
105,674
109,734
141,580
168,657
213,367
284,878
351,760
Bank overdraft
Bank loan
Trade Creditors
38,956
20,734
18,353
20,848
24,676
45,132
Group/Directors Accounts
other short term finances
49,340
47,647
45,931
44,527
41,243
hp & lease commitments
other current liabilities
2,451
3,249
2,920
945
1,782
44,085
41,625
42,968
40,734
total current liabilities
51,791
50,896
48,851
45,472
43,025
44,085
41,625
42,968
40,734
38,956
20,734
18,353
20,848
24,676
45,132
loans
15,872
16,196
hp & lease commitments
Accruals and Deferred Income
13,595
13,873
14,156
14,445
other liabilities
16,526
16,863
17,207
24,003
25,530
provisions
33,345
33,345
33,345
14,739
15,040
15,243
15,555
1,100
1,200
4,800
5,000
total long term liabilities
46,940
47,218
47,501
14,445
14,739
15,040
15,243
15,555
15,872
16,196
16,526
17,963
18,407
28,803
30,530
total liabilities
98,731
98,114
96,352
59,917
57,764
59,125
56,868
58,523
56,606
55,152
37,260
36,316
39,255
53,479
75,662
net assets
176,739
175,303
177,870
39,366
40,648
46,922
41,695
46,149
49,068
54,582
104,320
132,341
174,112
231,399
276,098
total shareholders funds
176,739
175,303
177,870
39,366
40,648
46,922
41,695
46,149
49,068
54,582
104,320
132,341
174,112
231,399
276,098
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
6,944
1,636
-844
1,325
-4,945
884
-4,488
-2,442
-4,497
-49,308
-28,249
-42,142
-57,854
-45,403
382,968
Depreciation
1,827
1,234
1,889
1,928
2,210
3,141
3,482
3,939
4,073
9,795
11,222
Amortisation
Tax
-479
-181
-107,333
Stock
-500
500
Debtors
-2,652
1,500
747
-169
-5,719
6,293
2,652
-3,817
1,025
-1,056
1,270
-9,726
114
-37,428
49,618
Creditors
-38,956
18,222
2,381
-2,495
-3,828
-20,456
45,132
Accruals and Deferred Income
-1,076
46
1,686
13,608
-42,303
1,117
-1,343
2,234
40,734
Deferred Taxes & Provisions
33,345
-14,739
-301
-515
-312
15,555
-1,100
-100
-3,600
-200
5,000
Cash flow from operations
8,041
182
33,440
363
-40,003
-3,754
-6,906
21,092
-1,534
-26,889
-24,756
-31,072
-60,823
-18,836
286,871
Investing Activities
capital expenditure
89,502
1,889
741
2,100
1
-1,427
21,288
10,770
-167,715
Change in Investments
175,498
89,502
cash flow from investments
-175,498
1,889
741
2,100
1
-1,427
21,288
10,770
-167,715
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
1,693
1,716
1,404
3,284
41,243
Long term loans
-15,872
-324
16,196
Hire Purchase and Lease Commitments
other long term liabilities
-16,526
-337
-344
-6,796
-1,527
25,530
share issue
142,153
100
interest
-5,030
-4,203
-2,805
-2,607
-1,329
70
34
-477
-1,016
-429
228
371
567
704
363
cash flow from financing
-3,337
-2,487
140,752
677
39,914
70
34
-16,349
-1,340
-759
-109
27
-6,229
-823
25,993
cash and cash equivalents
cash
4,705
-2,305
-1,306
1,040
-89
-1,795
-6,872
5,484
-775
-27,649
-24,864
-32,472
-45,764
-8,889
145,149
overdraft
change in cash
4,705
-2,305
-1,306
1,040
-89
-1,795
-6,872
5,484
-775
-27,649
-24,864
-32,472
-45,764
-8,889
145,149
provincial engineering (colne) limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for provincial engineering (colne) limited. Get real-time insights into provincial engineering (colne) limited's credit score, group structure and payment trends.
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provincial engineering (colne) limited Ownership
PROVINCIAL ENGINEERING (COLNE) LIMITED group structure
Provincial Engineering (Colne) Limited has no subsidiary companies.
The largest shareholders in Provincial Engineering (Colne) Limited include Holmes Ssas and Mr Terence Holmes.
holmes ssas
50%
mr terence holmes
40%
mrs linda holmes
10%
provincial engineering (colne) limited directors
Provincial Engineering (Colne) Limited currently has 4 directors.
The longest serving directors include
Mr Terence Holmes (Jan 1996) and
Mrs Linda Holmes (Jan 2005).
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 4 charges/mortgages relating to provincial engineering (colne) limited. Currently there are 1 open charges and 3 have been satisfied in the past.
provincial engineering (colne) 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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provincial engineering (colne) limitedCompanies House Filings - See Documents
