peac business finance limited
peac business finance limited Company Information
Company Number
00898129
Website
www.barclays.co.ukRegistered Address
inspired easthampstead road, bracknell, RG12 1YQ
Industry
Financial leasing
Activities of head offices
Telephone
01256817777
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
peac business finance holdings limited 100%
peac business finance limited Estimated Valuation
Pomanda estimates the enterprise value of PEAC BUSINESS FINANCE LIMITED at £184.2m based on a Turnover of £48.8m and 3.77x industry multiple (adjusted for size and gross margin).
peac business finance limited Estimated Valuation
Pomanda estimates the enterprise value of PEAC BUSINESS FINANCE LIMITED at £189m based on an EBITDA of £24.2m and a 7.81x industry multiple (adjusted for size and gross margin).
peac business finance limited Estimated Valuation
Pomanda estimates the enterprise value of PEAC BUSINESS FINANCE LIMITED at £654.6m based on Net Assets of £209.3m and 3.13x industry multiple (adjusted for liquidity).
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Peac Business Finance Limited Overview
Peac Business Finance Limited is a live company located in bracknell, RG12 1YQ with a Companies House number of 00898129. It operates in the financial leasing sector, SIC Code 64910. Founded in February 1967, it's largest shareholder is peac business finance holdings limited with a 100% stake. Peac Business Finance Limited is a mature, large sized company, Pomanda has estimated its turnover at £48.8m with healthy growth in recent years.
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Peac Business Finance Limited Health Check
Pomanda's financial health check has awarded Peac Business Finance Limited a 4 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
5 Strong
2 Regular
4 Weak
Size
annual sales of £48.8m, make it larger than the average company (£13.1m)
£48.8m - Peac Business Finance Limited
£13.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (3.3%)
7% - Peac Business Finance Limited
3.3% - Industry AVG
Production
with a gross margin of 28.9%, this company has a higher cost of product (43.1%)
28.9% - Peac Business Finance Limited
43.1% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (15.9%)
2.5% - Peac Business Finance Limited
15.9% - Industry AVG
Employees
with 61 employees, this is similar to the industry average (68)
61 - Peac Business Finance Limited
68 - Industry AVG
Pay Structure
on an average salary of £108.2k, the company has a higher pay structure (£59.5k)
£108.2k - Peac Business Finance Limited
£59.5k - Industry AVG
Efficiency
resulting in sales per employee of £800k, this is more efficient (£348k)
£800k - Peac Business Finance Limited
£348k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (47 days)
26 days - Peac Business Finance Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (45 days)
74 days - Peac Business Finance Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Peac Business Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is average cash available to meet short term requirements (11 weeks)
9 weeks - Peac Business Finance Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.7%, this is a higher level of debt than the average (72.2%)
81.7% - Peac Business Finance Limited
72.2% - Industry AVG
PEAC BUSINESS FINANCE LIMITED financials
Peac Business Finance Limited's latest turnover from June 2023 is £48.8 million and the company has net assets of £209.3 million. According to their latest financial statements, Peac Business Finance Limited has 61 employees and maintains cash reserves of £68.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | 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 | 48,800,000 | 57,100,000 | 39,700,000 | 48,100,000 | 48,400,000 | 47,300,000 | 58,200,000 | 54,200,000 | 59,600,000 | 63,900,000 | 82,900,000 | 106,000,000 | 117,700,000 | 182,200,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 34,700,000 | 24,700,000 | 0 | 0 | ||||||||||
| Gross Profit | 14,100,000 | 32,400,000 | 39,700,000 | 48,100,000 | ||||||||||
| Admin Expenses | 12,900,000 | 18,700,000 | 36,000,000 | 10,000,000 | ||||||||||
| Operating Profit | 1,200,000 | 13,700,000 | 3,700,000 | 38,100,000 | ||||||||||
| Interest Payable | 0 | 0 | 8,500,000 | 11,800,000 | 10,900,000 | 14,600,000 | 17,700,000 | 19,100,000 | 25,800,000 | 29,100,000 | 63,500,000 | 114,400,000 | 131,900,000 | 233,800,000 |
| Interest Receivable | 16,300,000 | 200,000 | 1,200,000 | 2,200,000 | 900,000 | 4,300,000 | 5,900,000 | 6,300,000 | 9,000,000 | 12,200,000 | 37,700,000 | 78,700,000 | 68,200,000 | 118,300,000 |
| Pre-Tax Profit | 51,400,000 | 67,700,000 | -3,600,000 | 28,500,000 | 41,100,000 | 36,000,000 | -19,600,000 | 34,700,000 | 43,700,000 | 51,100,000 | 74,000,000 | 139,100,000 | 63,200,000 | 23,600,000 |
| Tax | -1,000,000 | -7,300,000 | 1,200,000 | -5,500,000 | -7,500,000 | -6,600,000 | -2,000,000 | -7,300,000 | -27,100,000 | -8,800,000 | -6,700,000 | -9,400,000 | -3,900,000 | -2,600,000 |
| Profit After Tax | 50,400,000 | 60,400,000 | -2,400,000 | 23,000,000 | 33,600,000 | 29,400,000 | -21,600,000 | 27,400,000 | 16,600,000 | 42,300,000 | 67,300,000 | 129,700,000 | 59,300,000 | 21,000,000 |
| Dividends Paid | 0 | 60,000,000 | 0 | 0 | 17,400,000 | 31,700,000 | 0 | 0 | 0 | 55,000,000 | 72,000,000 | 57,400,000 | 0 | 0 |
| Retained Profit | 50,400,000 | 400,000 | -2,400,000 | 23,000,000 | 16,200,000 | -2,300,000 | -21,600,000 | 27,400,000 | 16,600,000 | -12,700,000 | -4,700,000 | 72,300,000 | 59,300,000 | 21,000,000 |
| Employee Costs | 6,600,000 | 8,000,000 | 5,400,000 | 5,800,000 | 5,500,000 | 9,100,000 | 10,800,000 | 12,500,000 | 11,900,000 | 12,300,000 | 14,600,000 | 18,100,000 | 26,000,000 | 22,400,000 |
| Number Of Employees | 61 | 70 | 42 | 77 | 79 | 133 | 186 | 205 | 175 | 180 | 222 | 289 | 395 | 365 |
| EBITDA* | 24,200,000 | 35,700,000 | 3,700,000 | 38,100,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | 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 | 100,000 | 100,000 | 584,200,000 | 717,400,000 | 757,200,000 | 816,000,000 | 869,400,000 | 784,700,000 | 720,000,000 | 748,900,000 | 835,300,000 | 1,158,600,000 | 1,392,100,000 | 1,872,100,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 600,000 |
| Investments & Other | 0 | 0 | 200,000 | 1,000,000 | 2,400,000 | 2,700,000 | 1,000,000 | 800,000 | 6,700,000 | 9,600,000 | 6,100,000 | 31,600,000 | 122,500,000 | 104,300,000 |
| Debtors (Due After 1 year) | 560,300,000 | 544,400,000 | 578,000,000 | 713,500,000 | 750,200,000 | 810,500,000 | 862,400,000 | 778,300,000 | 708,300,000 | 731,100,000 | 815,800,000 | 1,100,400,000 | 1,200,100,000 | 1,695,600,000 |
| Total Fixed Assets | 560,400,000 | 544,500,000 | 578,200,000 | 714,500,000 | 757,200,000 | 816,000,000 | 869,400,000 | 784,700,000 | 720,000,000 | 748,900,000 | 835,300,000 | 1,158,600,000 | 1,392,100,000 | 1,872,700,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,500,000 | 300,000 | 0 | 0 | 522,800,000 | 518,200,000 | 565,800,000 | 582,400,000 | 507,100,000 | 536,700,000 | 533,200,000 | 594,500,000 | 662,000,000 | 764,300,000 |
| Group Debtors | 131,900,000 | 91,100,000 | 133,100,000 | 153,300,000 | 156,600,000 | 168,100,000 | 165,100,000 | 183,000,000 | 139,500,000 | 290,700,000 | 429,700,000 | 1,957,800,000 | 2,247,200,000 | 3,172,900,000 |
| Misc Debtors | 378,100,000 | 354,200,000 | 300,000 | 300,000 | 500,000 | 800,000 | 1,800,000 | 6,200,000 | 6,300,000 | 7,200,000 | 16,800,000 | 5,100,000 | 5,000,000 | 6,800,000 |
| Cash | 68,400,000 | 85,700,000 | 0 | 0 | 0 | 8,400,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 411,500,000 | 492,800,000 | 100,000 | 100,000 | 4,500,000 | 0 | 0 | 0 | 0 | 98,200,000 | 11,400,000 | 56,900,000 |
| total current assets | 581,900,000 | 531,300,000 | 544,900,000 | 646,400,000 | 680,000,000 | 695,600,000 | 737,200,000 | 771,600,000 | 652,900,000 | 834,600,000 | 979,700,000 | 2,655,600,000 | 2,925,600,000 | 4,000,900,000 |
| total assets | 1,142,300,000 | 1,075,800,000 | 1,123,100,000 | 1,360,900,000 | 1,437,200,000 | 1,511,600,000 | 1,606,600,000 | 1,556,300,000 | 1,372,900,000 | 1,583,500,000 | 1,815,000,000 | 3,814,200,000 | 4,317,700,000 | 5,873,600,000 |
| Bank overdraft | 0 | 0 | 917,900,000 | 1,104,500,000 | 1,206,300,000 | 937,200,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,100,000 | 12,700,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 12,000,000 | 8,600,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 334,800,000 | 351,000,000 | 0 | 0 | 100,000 | 200,000 | 400,000 | 400,000 | 300,000 | 0 | 0 | 0 | 0 | 6,000,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 20,400,000 | 25,700,000 | 43,300,000 | 98,300,000 | 97,600,000 | 443,900,000 | 1,464,300,000 | 1,340,400,000 | 1,178,000,000 | 1,400,600,000 | 1,603,200,000 | 3,441,900,000 | 3,997,300,000 | 5,529,800,000 |
| total current liabilities | 374,300,000 | 398,000,000 | 961,200,000 | 1,202,800,000 | 1,304,000,000 | 1,381,300,000 | 1,464,700,000 | 1,340,800,000 | 1,178,300,000 | 1,400,600,000 | 1,603,200,000 | 3,441,900,000 | 3,997,300,000 | 5,535,800,000 |
| loans | 558,700,000 | 518,900,000 | 10,300,000 | 5,300,000 | 2,700,000 | 4,200,000 | 12,300,000 | 5,200,000 | 9,200,000 | 9,700,000 | 26,500,000 | 155,000,000 | 162,500,000 | 85,400,000 |
| 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 | 98,400,000 |
| provisions | 0 | 0 | 17,000,000 | 17,400,000 | 18,200,000 | 19,400,000 | 20,000,000 | 30,600,000 | 35,200,000 | 45,800,000 | 42,800,000 | 98,200,000 | 124,000,000 | 274,200,000 |
| total long term liabilities | 558,700,000 | 518,900,000 | 18,800,000 | 14,000,000 | 11,800,000 | 13,900,000 | 22,300,000 | 20,500,000 | 26,800,000 | 32,600,000 | 47,900,000 | 204,100,000 | 224,500,000 | 320,900,000 |
| total liabilities | 933,000,000 | 916,900,000 | 980,000,000 | 1,216,800,000 | 1,315,800,000 | 1,395,200,000 | 1,487,000,000 | 1,361,300,000 | 1,205,100,000 | 1,433,200,000 | 1,651,100,000 | 3,646,000,000 | 4,221,800,000 | 5,856,700,000 |
| net assets | 209,300,000 | 158,900,000 | 143,100,000 | 144,100,000 | 121,400,000 | 116,400,000 | 119,600,000 | 195,000,000 | 167,800,000 | 150,300,000 | 163,900,000 | 168,200,000 | 95,900,000 | 16,900,000 |
| total shareholders funds | 209,300,000 | 158,900,000 | 143,100,000 | 144,100,000 | 121,400,000 | 116,400,000 | 119,600,000 | 195,000,000 | 167,800,000 | 150,300,000 | 163,900,000 | 168,200,000 | 95,900,000 | 16,900,000 |
| Jun 2023 | Jun 2022 | 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 | 1,200,000 | 13,700,000 | 3,700,000 | 38,100,000 | ||||||||||
| Depreciation | 23,000,000 | 22,000,000 | 0 | 0 | 200,000 | 300,000 | 300,000 | 300,000 | 1,500,000 | 2,900,000 | 2,900,000 | 6,600,000 | 10,100,000 | 1,200,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 200,000 | 300,000 |
| Tax | -1,000,000 | -7,300,000 | 1,200,000 | -5,500,000 | -7,500,000 | -6,600,000 | -2,000,000 | -7,300,000 | -27,100,000 | -8,800,000 | -6,700,000 | -9,400,000 | -3,900,000 | -2,600,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 83,800,000 | 990,000,000 | -155,700,000 | -563,000,000 | -67,500,000 | -97,500,000 | 45,200,000 | 188,700,000 | -204,500,000 | -229,800,000 | -1,862,300,000 | -456,500,000 | -1,525,300,000 | 5,639,600,000 |
| Creditors | -5,600,000 | 12,700,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -5,300,000 | 25,700,000 | -55,000,000 | 700,000 | -346,300,000 | -1,020,400,000 | 123,900,000 | 162,400,000 | -222,600,000 | -202,600,000 | -1,838,700,000 | -555,400,000 | -1,532,500,000 | 5,529,800,000 |
| Deferred Taxes & Provisions | 0 | 0 | -400,000 | -800,000 | -1,200,000 | -600,000 | -10,600,000 | -4,600,000 | -10,600,000 | 3,000,000 | -55,400,000 | -25,800,000 | -150,200,000 | 274,200,000 |
| Cash flow from operations | -71,500,000 | -923,200,000 | 105,200,000 | 595,500,000 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | -800,000 | -1,400,000 | -300,000 | 1,700,000 | 200,000 | -5,900,000 | -2,900,000 | 3,500,000 | -25,500,000 | -90,900,000 | 18,200,000 | 104,300,000 |
| 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 | 3,400,000 | 8,600,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -16,200,000 | 351,000,000 | 0 | -100,000 | -100,000 | -200,000 | 0 | 100,000 | 300,000 | 0 | 0 | 0 | -6,000,000 | 6,000,000 |
| Long term loans | 39,800,000 | 518,900,000 | 5,000,000 | 2,600,000 | -1,500,000 | -8,100,000 | 7,100,000 | -4,000,000 | -500,000 | -16,800,000 | -128,500,000 | -7,500,000 | 77,100,000 | 85,400,000 |
| 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 | -98,400,000 | 98,400,000 |
| share issue | ||||||||||||||
| interest | 16,300,000 | 200,000 | -7,300,000 | -9,600,000 | -10,000,000 | -10,300,000 | -11,800,000 | -12,800,000 | -16,800,000 | -16,900,000 | -25,800,000 | -35,700,000 | -63,700,000 | -115,500,000 |
| cash flow from financing | 43,300,000 | 1,037,200,000 | -900,000 | -7,400,000 | -22,800,000 | -19,500,000 | -58,500,000 | -16,900,000 | -16,100,000 | -34,600,000 | -153,900,000 | -43,200,000 | -71,300,000 | 70,200,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -17,300,000 | 85,700,000 | 0 | 0 | -8,400,000 | 8,400,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | -186,600,000 | -101,800,000 | 269,100,000 | 937,200,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -17,300,000 | 85,700,000 | 186,600,000 | 101,800,000 | -277,500,000 | -928,800,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
peac business finance limited Credit Report and Business Information
Peac Business Finance Limited Competitor Analysis
Perform a competitor analysis for peac business finance limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
peac business finance limited Ownership
PEAC BUSINESS FINANCE LIMITED group structure
Peac Business Finance Limited has 5 subsidiary companies.
Ultimate parent company
EAVF INTERMEDIARY HOLDINGS I LP
#0102356
2 parents
PEAC BUSINESS FINANCE LIMITED
00898129
5 subsidiaries
peac business finance limited directors
Peac Business Finance Limited currently has 8 directors. The longest serving directors include Mr Stephen Bolton (Apr 2014) and Mr David Hawkins (May 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Bolton | England | 62 years | Apr 2014 | - | Director |
| Mr David Hawkins | England | 57 years | May 2014 | - | Director |
| Mr Justin Staadecker | United Kingdom | 56 years | Jun 2021 | - | Director |
| Mr Jonathan Ashley | England | 58 years | Jun 2021 | - | Director |
| Mr Andrew Bromfield | United Kingdom | 35 years | Jun 2021 | - | Director |
| Ms Marie-Anne Bousaba | United Kingdom | 37 years | Feb 2022 | - | Director |
| Mr Anthony Hartis | England | 47 years | May 2022 | - | Director |
| Mr Thomas Lyle | England | 48 years | May 2022 | - | Director |
P&L
June 2023turnover
48.8m
-15%
operating profit
1.2m
-91%
gross margin
28.9%
-49.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
209.3m
+0.32%
total assets
1.1b
+0.06%
cash
68.4m
-0.2%
net assets
Total assets minus all liabilities
peac business finance limited company details
company number
00898129
Type
Private limited with Share Capital
industry
64910 - Financial leasing
70100 - Activities of head offices
incorporation date
February 1967
age
57
accounts
Full Accounts
ultimate parent company
previous names
barclays mercantile industrial finance limited (November 1987)
barclays bank (finance) limited (December 1976)
incorporated
UK
address
inspired easthampstead road, bracknell, RG12 1YQ
last accounts submitted
June 2023
peac business finance 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 41 charges/mortgages relating to peac business finance limited. Currently there are 3 open charges and 38 have been satisfied in the past.
peac business finance limited Companies House Filings - See Documents
| date | description | view/download |
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