p.j. harte limited
p.j. harte limited Company Information
Company Number
01216919
Next Accounts
3 days late
Shareholders
macanta investments limited
Group Structure
View All
Industry
Painting
Registered Address
37-39 nightingale grove, hither green, london, SE13 6HE
Website
http://www.pjharte.ukp.j. harte limited Estimated Valuation
Pomanda estimates the enterprise value of P.J. HARTE LIMITED at £11.7m based on a Turnover of £22.7m and 0.52x industry multiple (adjusted for size and gross margin).
p.j. harte limited Estimated Valuation
Pomanda estimates the enterprise value of P.J. HARTE LIMITED at £6.7m based on an EBITDA of £910.3k and a 7.31x industry multiple (adjusted for size and gross margin).
p.j. harte limited Estimated Valuation
Pomanda estimates the enterprise value of P.J. HARTE LIMITED at £9.3m based on Net Assets of £3.9m and 2.39x industry multiple (adjusted for liquidity).
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P.j. Harte Limited Overview
P.j. Harte Limited is a live company located in london, SE13 6HE with a Companies House number of 01216919. It operates in the painting sector, SIC Code 43341. Founded in June 1975, it's largest shareholder is macanta investments limited with a 100% stake. P.j. Harte Limited is a mature, large sized company, Pomanda has estimated its turnover at £22.7m with healthy growth in recent years.
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P.j. Harte Limited Health Check
Pomanda's financial health check has awarded P.J. Harte Limited a 4 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
2 Regular
5 Weak
Size
annual sales of £22.7m, make it larger than the average company (£150.3k)
£22.7m - P.j. Harte Limited
£150.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (9%)
10% - P.j. Harte Limited
9% - Industry AVG
Production
with a gross margin of 19.7%, this company has a higher cost of product (33.4%)
19.7% - P.j. Harte Limited
33.4% - Industry AVG
Profitability
an operating margin of 3.7% make it less profitable than the average company (7.1%)
3.7% - P.j. Harte Limited
7.1% - Industry AVG
Employees
with 73 employees, this is above the industry average (3)
73 - P.j. Harte Limited
3 - Industry AVG
Pay Structure
on an average salary of £69.3k, the company has a higher pay structure (£27k)
£69.3k - P.j. Harte Limited
£27k - Industry AVG
Efficiency
resulting in sales per employee of £310.3k, this is more efficient (£85.1k)
£310.3k - P.j. Harte Limited
£85.1k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (49 days)
75 days - P.j. Harte Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (23 days)
20 days - P.j. Harte Limited
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - P.j. Harte Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is average cash available to meet short term requirements (21 weeks)
21 weeks - P.j. Harte Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.6%, this is a lower level of debt than the average (70.2%)
50.6% - P.j. Harte Limited
70.2% - Industry AVG
P.J. HARTE LIMITED financials
P.J. Harte Limited's latest turnover from June 2023 is £22.7 million and the company has net assets of £3.9 million. According to their latest financial statements, P.J. Harte Limited has 73 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 22,654,188 | 20,676,077 | 17,545,031 | 16,830,016 | 15,645,737 | 17,401,326 | 14,581,649 | 12,885,541 | 12,032,772 | 10,163,913 | 6,481,189 | |||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 18,203,617 | 16,422,477 | 14,397,078 | 13,018,858 | 12,393,596 | 14,040,420 | 11,865,880 | 10,929,431 | 9,897,482 | 8,461,965 | 5,459,731 | |||
| Gross Profit | 4,450,571 | 4,253,600 | 3,147,953 | 3,811,158 | 3,252,141 | 3,360,906 | 2,715,769 | 1,956,110 | 2,135,290 | 1,701,948 | 1,021,458 | |||
| Admin Expenses | 3,603,852 | 3,111,334 | 2,182,839 | 2,554,879 | 2,082,748 | 735,199 | ||||||||
| Operating Profit | 846,719 | 1,142,266 | 965,114 | 1,256,279 | 1,169,393 | 286,259 | ||||||||
| Interest Payable | 4,678 | 1,109 | 1,009 | 1,009 | ||||||||||
| Interest Receivable | 6,134 | 152 | 28 | 420 | ||||||||||
| Pre-Tax Profit | 848,175 | 1,141,309 | 964,133 | 1,255,690 | 1,169,393 | 527,148 | 901,381 | 624,476 | 834,808 | 622,076 | 286,259 | |||
| Tax | -206,192 | -257,034 | -132,362 | -248,052 | -235,417 | -132,381 | -177,560 | -94,335 | -220,993 | -142,425 | -68,337 | |||
| Profit After Tax | 641,983 | 884,275 | 831,771 | 1,007,638 | 933,976 | 394,767 | 723,821 | 530,141 | 613,815 | 479,651 | 217,922 | |||
| Dividends Paid | 285,714 | 60,000 | 60,000 | 600,000 | 920,000 | 500,000 | 530,100 | 518,000 | 432,000 | 315,000 | 130,500 | |||
| Retained Profit | 356,269 | 824,275 | 771,771 | 407,638 | 13,976 | -105,233 | 193,721 | 12,141 | 181,815 | 164,651 | 87,422 | |||
| Employee Costs | 5,056,589 | 4,750,091 | 4,302,282 | 4,727,359 | 3,492,695 | 4,388,018 | 2,861,954 | 2,628,955 | 2,244,665 | 1,702,063 | ||||
| Number Of Employees | 73 | 71 | 76 | 76 | 76 | 69 | 62 | 55 | 51 | 41 | ||||
| EBITDA* | 910,323 | 1,178,375 | 1,007,330 | 1,308,408 | 1,239,881 | 326,927 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 560,114 | 552,021 | 467,898 | 500,565 | 559,229 | 497,105 | 524,246 | 511,661 | 566,110 | 503,563 | 487,091 | 457,869 | 455,990 | 443,175 |
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 560,114 | 552,021 | 467,898 | 500,565 | 559,229 | 497,105 | 524,246 | 511,661 | 566,110 | 503,563 | 487,091 | 457,869 | 455,990 | 443,175 |
| Stock & work in progress | 9,000 | 20,000 | ||||||||||||
| Trade Debtors | 4,662,489 | 3,147,085 | 3,561,217 | 1,263,265 | 1,457,338 | 4,050,900 | 3,094,388 | 2,498,612 | 2,270,968 | 2,078,545 | 1,468,892 | 1,216,022 | 642,061 | 1,397,131 |
| Group Debtors | ||||||||||||||
| Misc Debtors | 1,018,955 | 2,218,994 | 756,540 | 906,485 | 1,406,784 | 292,215 | 235,026 | 214,084 | 59,723 | 67,342 | 57,836 | |||
| Cash | 1,600,811 | 1,497,586 | 1,580,679 | 2,425,042 | 694,295 | 389,282 | 144,855 | 451,698 | 654,258 | 785,152 | 67,558 | 209,550 | 463,220 | 67,390 |
| misc current assets | ||||||||||||||
| total current assets | 7,282,255 | 6,863,665 | 5,898,436 | 4,594,792 | 3,558,417 | 4,732,397 | 3,474,269 | 3,164,394 | 2,984,949 | 2,931,039 | 1,536,450 | 1,425,572 | 1,172,117 | 1,484,521 |
| total assets | 7,842,369 | 7,415,686 | 6,366,334 | 5,095,357 | 4,117,646 | 5,229,502 | 3,998,515 | 3,676,055 | 3,551,059 | 3,434,602 | 2,023,541 | 1,883,441 | 1,628,107 | 1,927,696 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 1,000,272 | 1,339,812 | 734,424 | 432,995 | 772,532 | 966,062 | 936,232 | 776,930 | 626,270 | 1,087,559 | 951,134 | 837,562 | 270,663 | 983,685 |
| Group/Directors Accounts | 177,743 | 354,654 | 342,153 | |||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | 21,180 | 19,697 | 20,260 | 4,588 | 5,597 | 2,354 | ||||||||
| other current liabilities | 2,782,460 | 2,382,397 | 2,899,967 | 2,695,270 | 1,771,234 | 2,717,778 | 1,263,354 | 1,112,384 | 1,487,919 | 759,174 | 320,335 | |||
| total current liabilities | 3,803,912 | 3,741,906 | 3,654,651 | 3,132,853 | 2,549,363 | 3,686,194 | 2,377,329 | 2,243,968 | 2,114,189 | 2,188,886 | 951,134 | 837,562 | 590,998 | 983,685 |
| loans | ||||||||||||||
| hp & lease commitments | 78,933 | 85,231 | 20,260 | 23,838 | 14,813 | |||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 83,442 | 68,736 | 16,145 | 18,477 | 28,316 | 26,342 | 13,800 | 18,422 | 35,346 | 26,007 | 17,349 | 18,024 | 26,567 | 20,891 |
| total long term liabilities | 162,375 | 153,967 | 16,145 | 38,737 | 52,154 | 41,155 | 13,800 | 18,422 | 35,346 | 26,007 | 17,349 | 18,024 | 26,567 | 20,891 |
| total liabilities | 3,966,287 | 3,895,873 | 3,670,796 | 3,171,590 | 2,601,517 | 3,727,349 | 2,391,129 | 2,262,390 | 2,149,535 | 2,214,893 | 968,483 | 855,586 | 617,565 | 1,004,576 |
| net assets | 3,876,082 | 3,519,813 | 2,695,538 | 1,923,767 | 1,516,129 | 1,502,153 | 1,607,386 | 1,413,665 | 1,401,524 | 1,219,709 | 1,055,058 | 1,027,855 | 1,010,542 | 923,120 |
| total shareholders funds | 3,876,082 | 3,519,813 | 2,695,538 | 1,923,767 | 1,516,129 | 1,502,153 | 1,607,386 | 1,413,665 | 1,401,524 | 1,219,709 | 1,055,058 | 1,027,855 | 1,010,542 | 923,120 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 846,719 | 1,142,266 | 965,114 | 1,256,279 | 1,169,393 | 286,259 | ||||||||
| Depreciation | 63,604 | 36,109 | 42,216 | 52,129 | 70,488 | 51,053 | 58,928 | 54,541 | 71,021 | 49,278 | 58,710 | 46,008 | 40,668 | 33,505 |
| Amortisation | ||||||||||||||
| Tax | -206,192 | -257,034 | -132,362 | -248,052 | -235,417 | -132,381 | -177,560 | -94,335 | -220,993 | -142,425 | -68,337 | |||
| Stock | -9,000 | -11,000 | 20,000 | |||||||||||
| Debtors | 315,365 | 1,048,322 | 2,148,007 | -694,372 | -1,478,993 | 1,013,701 | 616,718 | 382,005 | 184,804 | 676,995 | 252,870 | 516,125 | -697,234 | 1,397,131 |
| Creditors | -339,540 | 605,388 | 301,429 | -339,537 | -193,530 | 29,830 | 159,302 | 150,660 | -461,289 | 136,425 | 113,572 | 566,899 | -713,022 | 983,685 |
| Accruals and Deferred Income | 400,063 | -517,570 | 204,697 | 924,036 | -946,544 | 1,454,424 | 150,970 | -375,535 | 728,745 | 759,174 | -320,335 | 320,335 | ||
| Deferred Taxes & Provisions | 14,706 | 52,591 | -2,332 | -9,839 | 1,974 | 12,542 | -4,622 | -16,924 | 9,339 | 8,658 | -675 | -8,543 | 5,676 | 20,891 |
| Cash flow from operations | 463,995 | 13,428 | -769,245 | 2,329,388 | 1,345,357 | 579,813 | ||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | -35,423 | -61,699 | -11,468 | -138,045 | -59,754 | |||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | -35,423 | -61,699 | -11,468 | -138,045 | -59,754 | |||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -177,743 | -176,911 | 354,654 | -342,153 | 342,153 | |||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | -4,815 | 84,668 | -4,588 | -4,587 | 12,268 | 17,167 | ||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | 1,456 | -957 | -981 | -589 | ||||||||||
| cash flow from financing | -3,359 | 83,711 | -5,569 | -5,176 | 12,268 | -160,576 | -176,911 | 354,654 | -342,153 | 342,153 | ||||
| cash and cash equivalents | ||||||||||||||
| cash | 103,225 | -83,093 | -844,363 | 1,730,747 | 305,013 | 244,427 | -306,843 | -202,560 | -130,894 | 717,594 | -141,992 | -253,670 | 395,830 | 67,390 |
| overdraft | ||||||||||||||
| change in cash | 103,225 | -83,093 | -844,363 | 1,730,747 | 305,013 | 244,427 | -306,843 | -202,560 | -130,894 | 717,594 | -141,992 | -253,670 | 395,830 | 67,390 |
p.j. harte limited Credit Report and Business Information
P.j. Harte Limited Competitor Analysis
Perform a competitor analysis for p.j. harte limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in SE13 area or any other competitors across 12 key performance metrics.
p.j. harte limited Ownership
P.J. HARTE LIMITED group structure
P.J. Harte Limited has no subsidiary companies.
Ultimate parent company
P.J. HARTE LIMITED
01216919
p.j. harte limited directors
P.J. Harte Limited currently has 4 directors. The longest serving directors include Mr Patrick Harte (May 1992) and Mrs Elizabeth Harte (May 1992).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Patrick Harte | England | 79 years | May 1992 | - | Director |
| Mrs Elizabeth Harte | England | 74 years | May 1992 | - | Director |
| Mr Gerald Harte | England | 50 years | Jul 1996 | - | Director |
| Mr Damian Harte | England | 48 years | Jun 2002 | - | Director |
P&L
June 2023turnover
22.7m
+10%
operating profit
846.7k
-26%
gross margin
19.7%
-4.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
3.9m
+0.1%
total assets
7.8m
+0.06%
cash
1.6m
+0.07%
net assets
Total assets minus all liabilities
p.j. harte limited company details
company number
01216919
Type
Private limited with Share Capital
industry
43341 - Painting
incorporation date
June 1975
age
50
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2023
previous names
p.j. harte (decorating contractors) limited (March 2016)
accountant
-
auditor
BAXTER & CO
address
37-39 nightingale grove, hither green, london, SE13 6HE
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
p.j. harte 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 2 charges/mortgages relating to p.j. harte limited. Currently there are 2 open charges and 0 have been satisfied in the past.
p.j. harte 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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p.j. harte limited Companies House Filings - See Documents
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