pinnacle plastics limited
pinnacle plastics limited Company Information
Group Structure
View All
Industry
Glazing
+1Registered Address
craigmore sussex road, new romney, kent, TN28 8HL
Website
pinnacleplastics.com.aupinnacle plastics limited Estimated Valuation
Pomanda estimates the enterprise value of PINNACLE PLASTICS LIMITED at £0 based on a Turnover of £1 and 0.2x industry multiple (adjusted for size and gross margin).
pinnacle plastics limited Estimated Valuation
Pomanda estimates the enterprise value of PINNACLE PLASTICS LIMITED at £0 based on an EBITDA of £-10.4k and a 1.97x industry multiple (adjusted for size and gross margin).
pinnacle plastics limited Estimated Valuation
Pomanda estimates the enterprise value of PINNACLE PLASTICS LIMITED at £32.1k based on Net Assets of £13.9k and 2.3x industry multiple (adjusted for liquidity).
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Pinnacle Plastics Limited Overview
Pinnacle Plastics Limited is a dissolved company that was located in kent, TN28 8HL with a Companies House number of 01026543. It operated in the glazing sector, SIC Code 43342. Founded in October 1971, it's largest shareholder was d.p. bidwell with a 100% stake. The last turnover for Pinnacle Plastics Limited was estimated at £1.
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Pinnacle Plastics Limited Health Check
Pomanda's financial health check has awarded Pinnacle Plastics Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £1, make it smaller than the average company (£1.9m)
£1 - Pinnacle Plastics Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -96%, show it is growing at a slower rate (5.4%)
- Pinnacle Plastics Limited
5.4% - Industry AVG
Production
with a gross margin of 17.7%, this company has a higher cost of product (25.6%)
17.7% - Pinnacle Plastics Limited
25.6% - Industry AVG
Profitability
an operating margin of -1037700% make it less profitable than the average company (6.2%)
-1037700% - Pinnacle Plastics Limited
6.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (27)
3 - Pinnacle Plastics Limited
27 - Industry AVG
Pay Structure
on an average salary of £35k, the company has an equivalent pay structure (£35k)
- Pinnacle Plastics Limited
£35k - Industry AVG
Efficiency
resulting in sales per employee of £0.3, this is less efficient (£140.2k)
£0.3 - Pinnacle Plastics Limited
£140.2k - Industry AVG
Debtor Days
it gets paid by customers after 4198230 days, this is later than average (49 days)
4198230 days - Pinnacle Plastics Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 648894 days, this is slower than average (43 days)
648894 days - Pinnacle Plastics Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Pinnacle Plastics Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Pinnacle Plastics Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.6%, this is a lower level of debt than the average (66.7%)
12.6% - Pinnacle Plastics Limited
66.7% - Industry AVG
PINNACLE PLASTICS LIMITED financials
Pinnacle Plastics Limited's latest turnover from October 2018 is £1 and the company has net assets of £13.9 thousand. According to their latest financial statements, Pinnacle Plastics Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1 | 44,196 | 51,718 | |||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | 35,364 | 36,129 | ||||||||
| Gross Profit | 8,832 | 15,589 | ||||||||
| Admin Expenses | 9,886 | 10,459 | ||||||||
| Operating Profit | -1,054 | 5,130 | ||||||||
| Interest Payable | ||||||||||
| Interest Receivable | 4 | |||||||||
| Pre-Tax Profit | -1,054 | 5,134 | ||||||||
| Tax | 126 | -846 | ||||||||
| Profit After Tax | -928 | 4,288 | ||||||||
| Dividends Paid | ||||||||||
| Retained Profit | -928 | 4,288 | ||||||||
| Employee Costs | 16,170 | 18,426 | ||||||||
| Number Of Employees | 3 | 3 | 3 | |||||||
| EBITDA* | -499 | 5,740 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,452 | 5,348 | 6,440 | 7,770 | 10,330 | 35,494 | 31,015 | 27,640 | 28,155 | 28,710 |
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 4,452 | 5,348 | 6,440 | 7,770 | 10,330 | 35,494 | 31,015 | 27,640 | 28,155 | 28,710 |
| Stock & work in progress | 500 | 1,500 | 2,500 | 4,000 | 3,500 | 2,000 | 9,500 | 1,500 | ||
| Trade Debtors | 11,502 | 21,554 | 941 | 707 | 36,462 | 13,907 | 8,268 | 5,118 | 1,306 | 3,810 |
| Group Debtors | ||||||||||
| Misc Debtors | 3,487 | 3,187 | ||||||||
| Cash | 21,755 | 28,883 | 17,813 | 8,217 | 3,626 | 11,977 | 4,354 | 11,733 | ||
| misc current assets | 1,687 | |||||||||
| total current assets | 11,502 | 21,554 | 24,883 | 31,090 | 56,775 | 26,124 | 15,394 | 19,095 | 18,647 | 20,230 |
| total assets | 15,954 | 26,902 | 31,323 | 38,860 | 67,105 | 61,618 | 46,409 | 46,735 | 46,802 | 48,940 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 1,463 | 2,034 | 6,896 | 5,906 | 21,780 | 3,626 | 4,782 | 3,464 | 3,201 | |
| Group/Directors Accounts | 9,605 | 1,855 | 1,091 | 1,091 | ||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 2,002 | 3,475 | ||||||||
| total current liabilities | 1,463 | 2,034 | 6,896 | 5,906 | 21,780 | 13,231 | 6,637 | 6,557 | 7,767 | |
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | 550 | 550 | ||||||||
| other liabilities | ||||||||||
| provisions | ||||||||||
| total long term liabilities | 550 | 550 | ||||||||
| total liabilities | 2,013 | 2,584 | 6,896 | 5,906 | 21,780 | 13,231 | 6,637 | 6,557 | 7,767 | |
| net assets | 13,941 | 24,318 | 31,323 | 31,964 | 61,199 | 39,838 | 33,178 | 40,098 | 40,245 | 41,173 |
| total shareholders funds | 13,941 | 24,318 | 31,323 | 31,964 | 61,199 | 39,838 | 33,178 | 40,098 | 40,245 | 41,173 |
| Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -1,054 | 5,130 | ||||||||
| Depreciation | 1,330 | 1,632 | 1,742 | 2,466 | 1,765 | 515 | 555 | 610 | ||
| Amortisation | ||||||||||
| Tax | 126 | -846 | ||||||||
| Stock | -500 | -1,000 | -1,000 | -1,500 | 500 | 1,500 | -7,500 | 8,000 | 1,500 | |
| Debtors | -10,052 | 20,613 | 234 | -35,755 | 22,555 | 5,639 | 3,150 | 325 | -2,204 | 6,997 |
| Creditors | -571 | 2,034 | -6,896 | 990 | -15,874 | 18,154 | -1,156 | 1,318 | 263 | 3,201 |
| Accruals and Deferred Income | 550 | -2,002 | -1,473 | 3,475 | ||||||
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | -7,379 | 3,073 | ||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | -9,605 | 7,750 | 764 | 1,091 | ||||||
| Other Short Term Loans | ||||||||||
| Long term loans | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | 4 | |||||||||
| cash flow from financing | 37,980 | |||||||||
| cash and cash equivalents | ||||||||||
| cash | -21,755 | -7,128 | 11,070 | 9,596 | 4,591 | -8,351 | 7,623 | -7,379 | 11,733 | |
| overdraft | ||||||||||
| change in cash | -21,755 | -7,128 | 11,070 | 9,596 | 4,591 | -8,351 | 7,623 | -7,379 | 11,733 |
pinnacle plastics limited Credit Report and Business Information
Pinnacle Plastics Limited Competitor Analysis
Perform a competitor analysis for pinnacle plastics limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in TN28 area or any other competitors across 12 key performance metrics.
pinnacle plastics limited Ownership
PINNACLE PLASTICS LIMITED group structure
Pinnacle Plastics Limited has no subsidiary companies.
Ultimate parent company
PINNACLE PLASTICS LIMITED
01026543
pinnacle plastics limited directors
Pinnacle Plastics Limited currently has 1 director, Mr Desmond Bidwell serving since Dec 1991.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Desmond Bidwell | 82 years | Dec 1991 | - | Director |
P&L
October 2018turnover
1
0%
operating profit
-10.4k
0%
gross margin
18%
-100%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2018net assets
13.9k
-0.43%
total assets
16k
-0.41%
cash
0
0%
net assets
Total assets minus all liabilities
pinnacle plastics limited company details
company number
01026543
Type
Private limited with Share Capital
industry
43342 - Glazing
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
October 1971
age
54
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2018
previous names
N/A
accountant
CHANDLER TUCK LIMITED
auditor
-
address
craigmore sussex road, new romney, kent, TN28 8HL
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
pinnacle plastics 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 3 charges/mortgages relating to pinnacle plastics limited. Currently there are 3 open charges and 0 have been satisfied in the past.
pinnacle plastics 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 PINNACLE PLASTICS LIMITED. This can take several minutes, an email will notify you when this has completed.
pinnacle plastics limited Companies House Filings - See Documents
| date | description | view/download |
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