pattonair limited
pattonair limited Company Information
Company Number
00974964
Next Accounts
Sep 2025
Shareholders
pattonair europe limited
Group Structure
View All
Industry
Wholesale of other intermediate products
Registered Address
ascot business park, 50 longbridge lane, derby, DE24 8UJ
Website
-pattonair limited Estimated Valuation
Pomanda estimates the enterprise value of PATTONAIR LIMITED at £60.4m based on a Turnover of £89m and 0.68x industry multiple (adjusted for size and gross margin).
pattonair limited Estimated Valuation
Pomanda estimates the enterprise value of PATTONAIR LIMITED at £6.9m based on an EBITDA of £1.1m and a 6.55x industry multiple (adjusted for size and gross margin).
pattonair limited Estimated Valuation
Pomanda estimates the enterprise value of PATTONAIR LIMITED at £88.2m based on Net Assets of £41.9m and 2.11x industry multiple (adjusted for liquidity).
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Pattonair Limited Overview
Pattonair Limited is a live company located in derby, DE24 8UJ with a Companies House number of 00974964. It operates in the wholesale of other intermediate products sector, SIC Code 46760. Founded in March 1970, it's largest shareholder is pattonair europe limited with a 100% stake. Pattonair Limited is a mature, large sized company, Pomanda has estimated its turnover at £89m with healthy growth in recent years.
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Pattonair Limited Health Check
Pomanda's financial health check has awarded Pattonair Limited a 3.5 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 £89m, make it larger than the average company (£18.4m)
£89m - Pattonair Limited
£18.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (8%)
7% - Pattonair Limited
8% - Industry AVG
Production
with a gross margin of 22.9%, this company has a comparable cost of product (25%)
22.9% - Pattonair Limited
25% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (6.2%)
1% - Pattonair Limited
6.2% - Industry AVG
Employees
with 117 employees, this is above the industry average (37)
117 - Pattonair Limited
37 - Industry AVG
Pay Structure
on an average salary of £55.4k, the company has an equivalent pay structure (£46.2k)
£55.4k - Pattonair Limited
£46.2k - Industry AVG
Efficiency
resulting in sales per employee of £760.9k, this is more efficient (£424.8k)
£760.9k - Pattonair Limited
£424.8k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (54 days)
68 days - Pattonair Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (27 days)
57 days - Pattonair Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 250 days, this is more than average (78 days)
250 days - Pattonair Limited
78 days - Industry AVG
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 - Pattonair Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.7%, this is a higher level of debt than the average (49.2%)
64.7% - Pattonair Limited
49.2% - Industry AVG
PATTONAIR LIMITED financials
Pattonair Limited's latest turnover from December 2023 is £89 million and the company has net assets of £41.9 million. According to their latest financial statements, Pattonair Limited has 117 employees and maintains cash reserves of £4.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 89,022,000 | 77,015,000 | 64,809,000 | 73,647,000 | 112,438,000 | 112,871,000 | 78,604,000 | 97,585,000 | 90,784,000 | 90,839,000 | 111,137,000 | 79,801,000 | 45,662,000 | 38,173,000 | 33,658,173 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 68,631,000 | 61,668,000 | 54,088,000 | 60,976,000 | 86,510,000 | 88,003,000 | 61,433,000 | 75,909,000 | 73,100,000 | 73,969,000 | 85,464,000 | 60,370,000 | 34,236,000 | 28,185,000 | 23,792,690 |
| Gross Profit | 20,391,000 | 15,347,000 | 10,721,000 | 12,671,000 | 25,928,000 | 24,868,000 | 17,171,000 | 21,676,000 | 17,684,000 | 16,870,000 | 25,673,000 | 19,431,000 | 11,426,000 | 9,988,000 | 9,865,483 |
| Admin Expenses | 19,505,000 | 33,496,000 | 10,725,000 | 17,125,000 | 11,942,000 | 14,634,000 | 9,925,000 | 12,821,000 | 12,542,000 | 10,806,000 | 15,549,000 | 12,652,000 | 6,405,000 | 5,453,000 | 7,712,538 |
| Operating Profit | 886,000 | -18,149,000 | -4,000 | -4,454,000 | 13,986,000 | 10,234,000 | 7,246,000 | 8,855,000 | 5,142,000 | 6,064,000 | 10,124,000 | 6,779,000 | 5,021,000 | 4,535,000 | 2,152,945 |
| Interest Payable | 945,000 | 694,000 | 640,000 | 830,000 | 433,000 | 381,000 | 464,000 | 873,000 | 757,000 | 1,057,000 | 1,111,000 | 799,000 | 278,000 | 1,000 | 2,059 |
| Interest Receivable | 411,000 | 399,000 | 376,000 | 327,000 | 508,000 | 2,000 | 1,000 | 3,000 | 26,000 | 2,000 | 4,000 | 2,000 | 56 | ||
| Pre-Tax Profit | 352,000 | -18,444,000 | -268,000 | -4,957,000 | 13,561,000 | 9,860,000 | 6,784,000 | 7,983,000 | 4,388,000 | 5,033,000 | 9,015,000 | 5,984,000 | 4,930,000 | 4,534,000 | 2,150,942 |
| Tax | 2,000 | -17,000 | -530,000 | 2,249,000 | -2,005,000 | -2,148,000 | -1,388,000 | -1,621,000 | -1,066,000 | -1,101,000 | -2,020,000 | -1,438,000 | -1,344,000 | -1,240,000 | -634,410 |
| Profit After Tax | 354,000 | -18,461,000 | -798,000 | -2,708,000 | 11,556,000 | 7,712,000 | 5,396,000 | 6,362,000 | 3,322,000 | 3,932,000 | 6,995,000 | 4,546,000 | 3,586,000 | 3,294,000 | 1,516,532 |
| Dividends Paid | 635,000 | 729,377 | |||||||||||||
| Retained Profit | 354,000 | -18,461,000 | -798,000 | -2,708,000 | 11,556,000 | 7,712,000 | 5,396,000 | 6,362,000 | 3,322,000 | 3,932,000 | 6,995,000 | 4,546,000 | 3,586,000 | 2,659,000 | 787,155 |
| Employee Costs | 6,482,000 | 4,849,000 | 4,750,000 | 5,541,000 | 7,146,000 | 7,132,000 | 4,579,000 | 5,414,000 | 4,880,000 | 4,799,000 | 5,259,000 | 4,548,000 | 4,022,000 | 4,584,000 | 5,473,181 |
| Number Of Employees | 117 | 107 | 116 | 155 | 203 | 199 | 187 | 159 | 155 | 153 | 155 | 139 | 103 | 95 | 122 |
| EBITDA* | 1,059,000 | -17,958,000 | 273,000 | -4,179,000 | 14,293,000 | 10,469,000 | 7,525,000 | 9,167,000 | 5,471,000 | 6,297,000 | 10,374,000 | 7,008,000 | 5,204,000 | 4,750,000 | 2,432,720 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 164,000 | 240,000 | 347,000 | 313,000 | 398,000 | 1,082,000 | 857,000 | 850,000 | 822,000 | 954,000 | 884,000 | 1,034,000 | 307,000 | 366,000 | 469,583 |
| Intangible Assets | 20,000 | 86,000 | 152,000 | 266,000 | 376,000 | 490,000 | 604,000 | 690,000 | 534,000 | 643,000 | |||||
| Investments & Other | 500,000 | 500,000 | 500,000 | 500,000 | 1,049,000 | 1,049,000 | 1,049,000 | 10,468,000 | 10,528,858 | ||||||
| Debtors (Due After 1 year) | 104,000 | 102,000 | 119,000 | 650,000 | 83,000 | 32,000 | 32,000 | 21,000 | 23,000 | 20,912,000 | 17,026,000 | 11,483,000 | 285,000 | 17,982,646 | |
| Total Fixed Assets | 288,000 | 428,000 | 618,000 | 1,229,000 | 857,000 | 1,572,000 | 1,993,000 | 2,072,000 | 1,877,000 | 2,120,000 | 22,845,000 | 19,109,000 | 12,839,000 | 11,119,000 | 28,981,087 |
| Stock & work in progress | 47,049,000 | 43,752,000 | 40,709,000 | 52,184,000 | 45,150,000 | 36,673,000 | 38,905,000 | 36,664,000 | 31,282,000 | 31,685,000 | 32,779,000 | 31,202,000 | 10,651,000 | 7,962,000 | 8,192,341 |
| Trade Debtors | 16,676,000 | 17,229,000 | 12,421,000 | 12,533,000 | 19,655,000 | 20,924,000 | 19,605,000 | 18,304,000 | 17,117,000 | 18,376,000 | 17,370,000 | 18,205,000 | 7,213,000 | 6,438,000 | 4,729,925 |
| Group Debtors | 44,259,000 | 36,850,000 | 51,467,000 | 21,580,000 | 39,553,000 | 28,424,000 | 28,089,000 | 22,624,000 | 29,633,000 | 11,493,000 | 9,953,000 | 1,885,000 | 2,955,000 | 1,890,709 | |
| Misc Debtors | 5,904,000 | 311,000 | 264,000 | 364,000 | 464,000 | 370,000 | 326,000 | 964,000 | 470,000 | 890,000 | 851,000 | 468,000 | 169,000 | 136,516 | |
| Cash | 4,586,000 | 1,770,000 | 1,431,000 | 3,879,000 | 239,000 | 373,000 | 125,000 | 109,000 | 91,000 | 70,000 | 325,000 | 272,000 | 1,369,000 | 6,889,000 | 2,908,325 |
| misc current assets | |||||||||||||||
| total current assets | 118,474,000 | 99,912,000 | 106,292,000 | 90,540,000 | 105,061,000 | 105,855,000 | 87,429,000 | 83,492,000 | 72,078,000 | 80,234,000 | 62,857,000 | 60,483,000 | 21,586,000 | 24,413,000 | 17,857,816 |
| total assets | 118,762,000 | 100,340,000 | 106,910,000 | 91,769,000 | 105,918,000 | 107,427,000 | 89,422,000 | 85,564,000 | 73,955,000 | 82,354,000 | 85,702,000 | 79,592,000 | 34,425,000 | 35,532,000 | 46,838,903 |
| Bank overdraft | 8,577,000 | 8,753,000 | 90,000 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 10,865,000 | 6,870,000 | 7,567,000 | 7,704,000 | 14,761,000 | 15,383,000 | 13,970,000 | 15,914,000 | 13,743,000 | 14,866,000 | 14,839,000 | 18,884,000 | 6,342,000 | 6,475,000 | 4,111,065 |
| Group/Directors Accounts | 54,157,000 | 40,625,000 | 29,319,000 | 13,483,000 | 23,288,000 | 12,658,000 | 11,482,000 | 11,101,000 | 21,264,000 | 8,544,000 | 5,442,000 | 2,842,000 | 2,620,000 | 1,961,453 | |
| other short term finances | 34,340,000 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,489,000 | 1,716,000 | 1,461,000 | 1,045,000 | 3,600,000 | 4,535,000 | 2,829,000 | 1,086,000 | 1,638,000 | 3,264,000 | 2,269,000 | 1,227,000 | 1,636,000 | 972,781 | |
| total current liabilities | 67,511,000 | 49,211,000 | 46,924,000 | 30,985,000 | 41,649,000 | 53,105,000 | 31,163,000 | 30,225,000 | 25,930,000 | 37,768,000 | 26,647,000 | 26,595,000 | 10,411,000 | 10,821,000 | 7,045,299 |
| loans | 9,372,000 | 9,604,000 | 777,000 | 14,035,000 | 16,435,000 | 15,559,000 | 15,442,000 | 33,773,000 | 34,112,000 | 9,673,000 | 14,626,000 | 32,367,750 | |||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 76,000 | 70,000 | 668,000 | 670,000 | |||||||||||
| total long term liabilities | 9,372,000 | 9,604,000 | 777,000 | 2,386,000 | 14,035,000 | 16,511,000 | 15,559,000 | 15,442,000 | 33,843,000 | 34,780,000 | 10,343,000 | 14,626,000 | 32,367,750 | ||
| total liabilities | 76,883,000 | 58,815,000 | 46,924,000 | 30,985,000 | 42,426,000 | 55,491,000 | 45,198,000 | 46,736,000 | 41,489,000 | 53,210,000 | 60,490,000 | 61,375,000 | 20,754,000 | 25,447,000 | 39,413,049 |
| net assets | 41,879,000 | 41,525,000 | 59,986,000 | 60,784,000 | 63,492,000 | 51,936,000 | 44,224,000 | 38,828,000 | 32,466,000 | 29,144,000 | 25,212,000 | 18,217,000 | 13,671,000 | 10,085,000 | 7,425,854 |
| total shareholders funds | 41,879,000 | 41,525,000 | 59,986,000 | 60,784,000 | 63,492,000 | 51,936,000 | 44,224,000 | 38,828,000 | 32,466,000 | 29,144,000 | 25,212,000 | 18,217,000 | 13,671,000 | 10,085,000 | 7,425,854 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 886,000 | -18,149,000 | -4,000 | -4,454,000 | 13,986,000 | 10,234,000 | 7,246,000 | 8,855,000 | 5,142,000 | 6,064,000 | 10,124,000 | 6,779,000 | 5,021,000 | 4,535,000 | 2,152,945 |
| Depreciation | 107,000 | 125,000 | 163,000 | 165,000 | 193,000 | 235,000 | 193,000 | 226,000 | 220,000 | 233,000 | 250,000 | 229,000 | 183,000 | 215,000 | 279,775 |
| Amortisation | 66,000 | 66,000 | 114,000 | 110,000 | 114,000 | 86,000 | 86,000 | 109,000 | |||||||
| Tax | 2,000 | -17,000 | -530,000 | 2,249,000 | -2,005,000 | -2,148,000 | -1,388,000 | -1,621,000 | -1,066,000 | -1,101,000 | -2,020,000 | -1,438,000 | -1,344,000 | -1,240,000 | -634,410 |
| Stock | 3,297,000 | 3,043,000 | -11,475,000 | 7,034,000 | 8,477,000 | -2,232,000 | 7,623,000 | 5,382,000 | -403,000 | -1,094,000 | 1,577,000 | 20,551,000 | 2,689,000 | -230,341 | 8,192,341 |
| Debtors | 12,451,000 | -9,779,000 | 29,144,000 | -24,628,000 | 38,831,000 | -27,507,000 | 7,705,000 | 6,025,000 | -7,776,000 | -2,163,000 | 4,630,000 | 24,986,000 | 11,202,000 | -14,892,796 | 24,739,796 |
| Creditors | 3,995,000 | -697,000 | -137,000 | -7,057,000 | -622,000 | 1,413,000 | 227,000 | 2,171,000 | -1,123,000 | 27,000 | -4,045,000 | 12,542,000 | -133,000 | 2,363,935 | 4,111,065 |
| Accruals and Deferred Income | 773,000 | 255,000 | 416,000 | -2,555,000 | 3,600,000 | -4,535,000 | 3,449,000 | 1,743,000 | -552,000 | -1,626,000 | 995,000 | 1,042,000 | -409,000 | 663,219 | 972,781 |
| Deferred Taxes & Provisions | 76,000 | -70,000 | -598,000 | -2,000 | 670,000 | ||||||||||
| Cash flow from operations | -9,919,000 | -11,681,000 | -17,647,000 | 6,052,000 | -32,042,000 | -5,515,000 | 129,000 | 10,909,000 | 6,784,000 | -1,501,000 | -26,385,000 | -9,903,000 | 21,660,291 | -26,049,981 | |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -500,000 | -549,000 | -9,419,000 | -60,858 | 10,528,858 | ||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 13,532,000 | 11,306,000 | 15,836,000 | -9,805,000 | 23,288,000 | -12,658,000 | 1,557,000 | 381,000 | -10,163,000 | 12,720,000 | 3,102,000 | 2,600,000 | 222,000 | 658,547 | 1,961,453 |
| Other Short Term Loans | -34,340,000 | 34,340,000 | |||||||||||||
| Long term loans | -232,000 | 9,604,000 | -777,000 | 777,000 | -14,035,000 | -1,524,000 | 876,000 | 117,000 | -18,331,000 | -339,000 | 24,439,000 | -4,953,000 | -17,741,750 | 32,367,750 | |
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -534,000 | -295,000 | -264,000 | -503,000 | 75,000 | -462,000 | -872,000 | -754,000 | -1,031,000 | -1,109,000 | -795,000 | -276,000 | -1,000 | -2,003 | |
| cash flow from financing | 12,766,000 | 20,615,000 | 15,572,000 | -11,085,000 | -10,200,000 | 5,933,000 | 385,000 | -10,800,000 | -6,642,000 | 1,654,000 | 26,244,000 | -5,007,000 | -17,084,057 | 40,965,899 | |
| cash and cash equivalents | |||||||||||||||
| cash | 2,816,000 | 339,000 | -2,448,000 | 3,640,000 | -134,000 | 248,000 | 34,000 | 18,000 | 21,000 | -255,000 | 53,000 | -1,097,000 | -5,520,000 | 3,980,675 | 2,908,325 |
| overdraft | -8,577,000 | -176,000 | 8,753,000 | -90,000 | 90,000 | ||||||||||
| change in cash | 2,816,000 | 8,916,000 | -2,272,000 | -5,113,000 | -134,000 | 248,000 | 34,000 | 18,000 | 21,000 | -255,000 | 53,000 | -1,097,000 | -5,430,000 | 3,890,675 | 2,908,325 |
pattonair limited Credit Report and Business Information
Pattonair Limited Competitor Analysis
Perform a competitor analysis for pattonair limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in DE24 area or any other competitors across 12 key performance metrics.
pattonair limited Ownership
PATTONAIR LIMITED group structure
Pattonair Limited has 1 subsidiary company.
Ultimate parent company
WOLVERINE TOP HOLDING CORP
#0059978
2 parents
PATTONAIR LIMITED
00974964
1 subsidiary
pattonair limited directors
Pattonair Limited currently has 3 directors. The longest serving directors include Mr Wayne Hollinshead (Feb 2010) and Mrs Dawn Landry (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Wayne Hollinshead | England | 58 years | Feb 2010 | - | Director |
| Mrs Dawn Landry | United Kingdom | 62 years | Nov 2020 | - | Director |
| Mr Mark Whatling | United Kingdom | 51 years | Nov 2020 | - | Director |
P&L
December 2023turnover
89m
+16%
operating profit
886k
-105%
gross margin
23%
+14.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
41.9m
+0.01%
total assets
118.8m
+0.18%
cash
4.6m
+1.59%
net assets
Total assets minus all liabilities
pattonair limited company details
company number
00974964
Type
Private limited with Share Capital
industry
46760 - Wholesale of other intermediate products
incorporation date
March 1970
age
55
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
pattonair international limited (July 2002)
orchard house limited (July 1987)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
ascot business park, 50 longbridge lane, derby, DE24 8UJ
Bank
-
Legal Advisor
-
pattonair 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 18 charges/mortgages relating to pattonair limited. Currently there are 8 open charges and 10 have been satisfied in the past.
pattonair 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 PATTONAIR LIMITED. This can take several minutes, an email will notify you when this has completed.
pattonair limited Companies House Filings - See Documents
| date | description | view/download |
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