purdy contracts limited

Live MatureLargeHealthy

purdy contracts limited Company Information

Share PURDY CONTRACTS LIMITED

Company Number

01830283

Directors

Lee Venables

John Lord

View All

Shareholders

bilby plc

Group Structure

View All

Industry

Electrical installation

 

Registered Address

brooklyn lodge mott street, london, E4 7RW

purdy contracts limited Estimated Valuation

£42.6m

Pomanda estimates the enterprise value of PURDY CONTRACTS LIMITED at £42.6m based on a Turnover of £49.5m and 0.86x industry multiple (adjusted for size and gross margin).

purdy contracts limited Estimated Valuation

£33.2m

Pomanda estimates the enterprise value of PURDY CONTRACTS LIMITED at £33.2m based on an EBITDA of £3.9m and a 8.51x industry multiple (adjusted for size and gross margin).

purdy contracts limited Estimated Valuation

£5.3m

Pomanda estimates the enterprise value of PURDY CONTRACTS LIMITED at £5.3m based on Net Assets of £2.4m and 2.2x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Purdy Contracts Limited Overview

Purdy Contracts Limited is a live company located in london, E4 7RW with a Companies House number of 01830283. It operates in the electrical installation sector, SIC Code 43210. Founded in July 1984, it's largest shareholder is bilby plc with a 100% stake. Purdy Contracts Limited is a mature, large sized company, Pomanda has estimated its turnover at £49.5m with healthy growth in recent years.

View Sample
View Sample
View Sample

Purdy Contracts Limited Health Check

Pomanda's financial health check has awarded Purdy Contracts Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £49.5m, make it larger than the average company (£2.4m)

£49.5m - Purdy Contracts Limited

£2.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a similar rate (11.7%)

14% - Purdy Contracts Limited

11.7% - Industry AVG

production

Production

with a gross margin of 26.9%, this company has a comparable cost of product (25.7%)

26.9% - Purdy Contracts Limited

25.7% - Industry AVG

profitability

Profitability

an operating margin of 6.5% make it as profitable than the average company (6.7%)

6.5% - Purdy Contracts Limited

6.7% - Industry AVG

employees

Employees

with 198 employees, this is above the industry average (20)

198 - Purdy Contracts Limited

20 - Industry AVG

paystructure

Pay Structure

on an average salary of £43k, the company has an equivalent pay structure (£44.9k)

£43k - Purdy Contracts Limited

£44.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £250k, this is more efficient (£150.9k)

£250k - Purdy Contracts Limited

£150.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 30 days, this is earlier than average (56 days)

30 days - Purdy Contracts Limited

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 127 days, this is slower than average (41 days)

127 days - Purdy Contracts Limited

41 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 23 days, this is more than average (10 days)

23 days - Purdy Contracts Limited

10 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (22 weeks)

0 weeks - Purdy Contracts Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 87.8%, this is a higher level of debt than the average (60.9%)

87.8% - Purdy Contracts Limited

60.9% - Industry AVG

PURDY CONTRACTS LIMITED financials

EXPORTms excel logo

Purdy Contracts Limited's latest turnover from March 2024 is £49.5 million and the company has net assets of £2.4 million. According to their latest financial statements, Purdy Contracts Limited has 198 employees and maintains cash reserves of £3.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover49,506,89853,117,58947,302,44833,434,24038,130,20232,890,21730,364,07426,587,63126,556,48713,970,05015,843,32014,736,05114,498,33214,191,50215,313,255
Other Income Or Grants
Cost Of Sales36,206,64839,938,87236,909,13029,917,34428,312,36924,294,92722,609,95522,111,65022,745,26010,688,77812,832,61611,683,19411,455,31610,577,57310,909,785
Gross Profit13,300,25013,178,71710,393,3183,516,8969,817,8338,595,2907,754,1194,475,9813,811,2273,281,2723,010,7043,052,8573,043,0163,613,9294,403,470
Admin Expenses10,071,5669,661,1727,534,2132,773,1876,324,0205,664,7574,384,4963,151,5423,086,5352,879,4811,897,2861,559,7731,585,3121,797,0341,884,492
Operating Profit3,228,6843,517,5452,859,105743,7093,493,8132,930,5333,369,6231,324,439724,692401,7911,113,4181,493,0841,457,7041,816,8952,518,978
Interest Payable201,211174,17716,41716,88622,3595,2528941,3656,44712,9559,17910,10811,07811,96219,720
Interest Receivable8241,7864,43016,2893,4639,76010,700
Pre-Tax Profit3,027,4733,343,3682,842,688726,8233,471,4542,925,2813,368,7291,323,074719,069390,6221,108,6691,499,2651,450,0891,814,6932,509,958
Tax-755,993-630,198-553,372-76,525-684,183-656,896-154,510-156,160-87,048-228,277-342,287-343,278-452,939-635,665
Profit After Tax2,271,4802,713,1702,289,316650,2982,787,2712,925,2812,711,8331,168,564562,909303,574880,3921,156,9781,106,8111,361,7541,874,293
Dividends Paid2,300,0003,000,0003,000,0002,175,0005,500,000750,0001,350,0007,581,944200,000100,000100,00075,000
Retained Profit-28,520-286,830-710,684650,298612,271-2,574,7191,961,833-181,436-7,019,035103,574780,3921,156,9781,106,8111,261,7541,799,293
Employee Costs8,509,1737,843,4997,075,8145,614,5508,184,4406,766,0695,729,3715,866,8087,578,4015,477,0665,182,5864,839,0444,841,4845,294,4405,597,969
Number Of Employees198182168178220203177182181170165148153157154
EBITDA*3,906,9814,145,6173,265,8421,214,8094,120,4102,999,3313,442,5071,398,180796,772483,6811,129,7111,504,3591,466,6271,828,8772,549,055

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets854,373857,8591,458,6211,385,7631,490,691855,068830,420866,943872,158912,491801,470792,212790,144802,908793,280
Intangible Assets1,321,7811,045,709157,33994,86115,72116,67433,32534,88149,8738,214
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,176,1541,903,5681,615,9601,480,6241,506,412871,742863,745901,824922,031920,705801,470792,212790,144802,908793,280
Stock & work in progress2,289,9912,216,8192,259,4701,674,9013,158,1562,415,2611,623,1611,031,727336,622249,00083,26874,85074,99671,00021,000
Trade Debtors4,130,6452,835,8204,407,2754,568,8684,250,1734,228,5084,166,6703,728,0343,082,8442,508,1552,564,2102,276,9521,903,0372,059,5271,939,555
Group Debtors4,885,6514,171,0056,834,3021,718,6021,124,313130,5221,142,8011,684,0947,321,9457,160,4466,360,4455,452,0544,305,5022,978,502
Misc Debtors6,474,9766,771,7544,691,5243,558,2695,714,9803,035,5842,343,4412,116,2474,430,3411,300,725707,159685,151972,386976,881732,990
Cash3,597284,083333,1842,7987,7747,967752,107398,235326,298281,9251,037,6881,431,352813,499908,5441,163,276
misc current assets
total current assets17,784,86016,279,48118,525,75511,523,43814,255,3969,817,84210,028,1808,958,3378,176,10511,661,75011,552,77110,828,7509,215,9728,321,4546,835,323
total assets19,961,01418,183,04920,141,71513,004,06215,761,80810,689,58410,891,9259,860,1619,098,13612,582,45512,354,24111,620,96210,006,1169,124,3627,628,603
Bank overdraft332,800168,691145,7732,54646,668233,38546,66846,66846,668
Bank loan46,66846,668
Trade Creditors 12,647,85411,726,80511,757,1626,136,4157,116,0034,337,2494,236,2444,888,8363,429,9341,570,3851,474,6741,558,5831,192,7241,267,506863,748
Group/Directors Accounts250,644361,0251,217,793854,6363,423,6842,618,073118,219905,069
other short term finances
hp & lease commitments512,070399,165314,425278,908375,92518,538
other current liabilities3,255,2132,856,1043,844,1941,911,7201,824,4161,473,3021,866,7561,402,4103,024,064936,289971,948660,453756,510861,084994,302
total current liabilities16,998,58115,343,09917,133,5749,350,37012,740,0288,574,3976,221,2197,196,3156,453,9982,574,4262,493,2902,499,0891,995,9022,175,2581,904,718
loans716,952384,997431,664478,331524,999571,666
hp & lease commitments529,057385,814291,764261,222291,32120,143
Accruals and Deferred Income
other liabilities
provisions32,40943,37332,40932,40933,71233,71233,71272,89045,65017,80012,44711,09910,132
total long term liabilities529,057418,223335,137293,631323,73033,71233,71233,71236,445381,301402,797444,111489,430535,131571,666
total liabilities17,527,63815,761,32217,468,7119,644,00113,063,7588,608,1096,254,9317,230,0276,490,4432,955,7272,896,0872,943,2002,485,3322,710,3892,476,384
net assets2,433,3762,421,7272,673,0043,360,0612,698,0502,081,4754,636,9942,630,1342,607,6939,626,7289,458,1548,677,7627,520,7846,413,9735,152,219
total shareholders funds2,433,3762,421,7272,673,0043,360,0612,698,0502,081,4754,636,9942,630,1342,607,6939,626,7289,458,1548,677,7627,520,7846,413,9735,152,219
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit3,228,6843,517,5452,859,105743,7093,493,8132,930,5333,369,6231,324,439724,692401,7911,113,4181,493,0841,457,7041,816,8952,518,978
Depreciation70,10658,255375,075462,289614,61752,14755,63658,26461,88180,01416,29311,2758,92311,98230,077
Amortisation608,191569,81731,6628,81111,98016,65117,24815,47710,1991,876
Tax-755,993-630,198-553,372-76,525-684,183-656,896-154,510-156,160-87,048-228,277-342,287-343,278-452,939-635,665
Stock73,172-42,651584,569-1,483,255742,895792,100591,434695,105336,622165,7328,418-1463,99650,00021,000
Debtors1,712,693-2,154,5226,087,362-1,243,7273,694,852-258,298124,53715,1907,513,185699,0101,109,267995,071985,5671,690,8635,651,047
Creditors921,049-30,3575,620,747-979,5882,778,754101,005-652,5921,458,9023,429,93495,711-83,909365,859-74,782403,758863,748
Accruals and Deferred Income399,109-988,0901,932,47487,304351,114-393,454464,346-1,621,6543,024,064-35,659311,495-96,057-104,574-133,218994,302
Deferred Taxes & Provisions-32,409-10,96410,964-1,303-39,17872,89027,8505,3531,34896710,132
Cash flow from operations2,652,8724,683,1813,604,7242,972,9822,127,0452,173,0801,881,394331,445-682,307-380,20716,688438,297-44,603-84,253-1,900,607
Investing Activities
capital expenditure-950,883-915,680-542,073-445,312-1,261,267-76,795-34,805-53,534-994,111-201,125-25,551-14,317-4,379-24,82023,843
Change in Investments
cash flow from investments-950,883-915,680-542,073-445,312-1,261,267-76,795-34,805-53,534-994,111-201,125-25,551-14,317-4,379-24,82023,843
Financing Activities
Bank loans46,668-46,66846,668
Group/Directors Accounts-110,381-856,768363,157-2,569,048805,6112,499,854-786,850905,069
Other Short Term Loans
Long term loans331,955-46,667-46,667-46,668-46,667571,666
Hire Purchase and Lease Commitments256,148178,79066,059-127,116667,24638,681
other long term liabilities
share issue40,16935,55323,62711,7134,30419,20045,027203,8779,626,72865,0003,352,926
interest-201,211-174,177-16,417-16,886-22,359-5,252-894-1,365-5,623-11,169-4,7496,181-7,615-2,202-9,020
cash flow from financing-15,275-816,602436,426-2,701,3371,454,8022,513,802-742,7171,107,5819,621,105471,135-98,0846,182-54,283-48,8693,915,572
cash and cash equivalents
cash-280,486-49,101330,386-4,976-193-744,140353,87271,937326,298-755,763-393,664617,853-95,045-254,7321,163,276
overdraft332,800-168,691168,691-145,773145,773-44,122-186,717186,71746,668
change in cash-613,286-49,101499,077-173,667145,580-889,913353,87271,937326,298-711,641-206,947431,136-95,045-254,7321,116,608

purdy contracts 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 purdy contracts limited. Get real-time insights into purdy contracts limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Purdy Contracts Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for purdy contracts limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in E 4 area or any other competitors across 12 key performance metrics.

purdy contracts limited Ownership

PURDY CONTRACTS LIMITED group structure

Purdy Contracts Limited has no subsidiary companies.

Ultimate parent company

1 parent

PURDY CONTRACTS LIMITED

01830283

PURDY CONTRACTS LIMITED Shareholders

bilby plc 100%

purdy contracts limited directors

Purdy Contracts Limited currently has 4 directors. The longest serving directors include Mr Lee Venables (Jun 2009) and Mr John Lord (Oct 2018).

officercountryagestartendrole
Mr Lee VenablesEngland51 years Jun 2009- Director
Mr John LordEngland54 years Oct 2018- Director
Mr Clive Lovett61 years Apr 2019- Director
Mr David Bullen52 years Apr 2019- Director

P&L

March 2024

turnover

49.5m

-7%

operating profit

3.2m

-8%

gross margin

26.9%

+8.28%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

2.4m

0%

total assets

20m

+0.1%

cash

3.6k

-0.99%

net assets

Total assets minus all liabilities

purdy contracts limited company details

company number

01830283

Type

Private limited with Share Capital

industry

43210 - Electrical installation

incorporation date

July 1984

age

41

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

MOORE KINGSTON SMITH LLP

address

brooklyn lodge mott street, london, E4 7RW

Bank

HSBC BANK PLC

Legal Advisor

-

purdy contracts 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 7 charges/mortgages relating to purdy contracts limited. Currently there are 2 open charges and 5 have been satisfied in the past.

purdy contracts 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 PURDY CONTRACTS LIMITED. This can take several minutes, an email will notify you when this has completed.

purdy contracts limited Companies House Filings - See Documents

datedescriptionview/download