pulse services limited

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pulse services limited Company Information

Share PULSE SERVICES LIMITED

Company Number

02097776

Shareholders

mr christopher john ridler

Group Structure

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Industry

Plumbing, heat and air-conditioning installation

 

Registered Address

webbs close, west street, wells, somerset, BA5 2HW

pulse services limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of PULSE SERVICES LIMITED at £1.6m based on a Turnover of £3.1m and 0.53x industry multiple (adjusted for size and gross margin).

pulse services limited Estimated Valuation

£376.5k

Pomanda estimates the enterprise value of PULSE SERVICES LIMITED at £376.5k based on an EBITDA of £83.9k and a 4.49x industry multiple (adjusted for size and gross margin).

pulse services limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of PULSE SERVICES LIMITED at £1.8m based on Net Assets of £634.4k and 2.83x industry multiple (adjusted for liquidity).

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Pulse Services Limited Overview

Pulse Services Limited is a live company located in wells, BA5 2HW with a Companies House number of 02097776. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in February 1987, it's largest shareholder is mr christopher john ridler with a 100% stake. Pulse Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.1m with low growth in recent years.

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Pulse Services Limited Health Check

Pomanda's financial health check has awarded Pulse Services Limited a 4.5 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

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £3.1m, make it larger than the average company (£383.9k)

£3.1m - Pulse Services Limited

£383.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (11.5%)

3% - Pulse Services Limited

11.5% - Industry AVG

production

Production

with a gross margin of 29.1%, this company has a comparable cost of product (29.1%)

29.1% - Pulse Services Limited

29.1% - Industry AVG

profitability

Profitability

an operating margin of 1% make it less profitable than the average company (5.7%)

1% - Pulse Services Limited

5.7% - Industry AVG

employees

Employees

with 31 employees, this is above the industry average (4)

31 - Pulse Services Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.8k, the company has an equivalent pay structure (£32.8k)

£32.8k - Pulse Services Limited

£32.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £98.6k, this is equally as efficient (£115.5k)

£98.6k - Pulse Services Limited

£115.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 87 days, this is later than average (52 days)

87 days - Pulse Services Limited

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 29 days, this is quicker than average (46 days)

29 days - Pulse Services Limited

46 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 1 days, this is less than average (12 days)

1 days - Pulse Services Limited

12 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 29 weeks, this is more cash available to meet short term requirements (20 weeks)

29 weeks - Pulse Services Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 43.2%, this is a lower level of debt than the average (63.4%)

43.2% - Pulse Services Limited

63.4% - Industry AVG

PULSE SERVICES LIMITED financials

EXPORTms excel logo

Pulse Services Limited's latest turnover from March 2024 is estimated at £3.1 million and the company has net assets of £634.4 thousand. According to their latest financial statements, Pulse Services Limited has 31 employees and maintains cash reserves of £215.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover3,057,3603,181,6692,485,0702,786,8462,969,5123,524,2174,552,1143,876,9854,034,8674,429,7354,301,6754,058,4901,996,3672,942,4082,263,139
Other Income Or Grants
Cost Of Sales2,167,2872,300,4871,743,5031,956,7382,028,7022,302,1512,987,5332,476,4192,585,6112,820,4442,679,7542,507,4061,227,5151,766,5271,338,409
Gross Profit890,073881,181741,566830,108940,8101,222,0671,564,5801,400,5671,449,2571,609,2911,621,9211,551,084768,8521,175,882924,730
Admin Expenses860,474782,881840,861812,0521,050,0041,238,5991,303,0301,396,4201,386,0731,672,2581,617,2801,457,735718,4341,473,181-53,432
Operating Profit29,59998,300-99,29518,056-109,194-16,532261,5504,14763,184-62,9674,64193,34950,418-297,299978,162
Interest Payable1511511,9341,863
Interest Receivable11,3279,4501,3961311831,4535142304672092011,1801,5201,5701,070
Pre-Tax Profit40,925107,749-97,89918,037-109,162-17,013260,2014,37863,651-62,7584,84394,52951,938-295,729979,232
Tax-10,231-20,472-3,427-49,438-875-12,730-1,114-22,687-13,504-274,185
Profit After Tax30,69487,277-97,89914,610-109,162-17,013210,7633,50250,921-62,7583,72971,84238,434-295,729705,047
Dividends Paid
Retained Profit30,69487,277-97,89914,610-109,162-17,013210,7633,50250,921-62,7583,72971,84238,434-295,729705,047
Employee Costs1,018,1371,077,3751,323,2751,172,3181,466,0542,045,7801,895,0401,907,8712,164,5071,116,0331,130,8011,030,956587,481891,309681,084
Number Of Employees313239364259565761323230172721
EBITDA*83,908136,923-72,34847,705-62,93035,880330,17773,966143,37523,92161,721146,285125,118-226,3001,036,298

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets162,928115,868136,50288,947138,792157,235221,519209,459240,571245,428252,806153,379224,111218,086184,575
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets162,928115,868136,50288,947138,792157,235221,519209,459240,571245,428252,806153,379224,111218,086184,575
Stock & work in progress9,0009,0009,0009,0009,0009,0009,0009,0009,0009,0009,0009,0009,0009,0009,500
Trade Debtors729,487772,782530,295660,247625,933690,485972,230682,680667,048860,774848,415769,979308,961496,803400,223
Group Debtors
Misc Debtors5951,9031,819500500500
Cash215,633215,861228,825143,363118,975246,472140,97764,434119,72267,22216,36364,191407,801200,046428,140
misc current assets
total current assets954,715999,546769,939812,610753,908946,4571,122,707756,614795,770936,996873,778843,170725,762705,849837,863
total assets1,117,6431,115,414906,441901,557892,7001,103,6921,344,226966,0731,036,3411,182,4241,126,584996,549949,873923,9351,022,438
Bank overdraft4,93557,308
Bank loan
Trade Creditors 177,505269,332171,266142,75078,840101,360156,471108,875109,304596,523473,997447,506415,128428,912285,091
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities206,715182,366134,633121,366162,516229,349292,033245,619294,584
total current liabilities384,220451,698305,899264,116246,291330,709505,812354,494403,888596,523473,997447,506415,128428,912285,091
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities59,33238,03758,2206,25520,36335,35072,18056,55074,87478,45784,8769,61558,67464,44227,231
provisions39,73322,01525,93516,90026,37028,79540,38339,94145,99346,77944,28819,73428,21921,1634,969
total long term liabilities99,06560,05284,15523,15546,73364,145112,56396,491120,867125,236129,16429,34986,89385,60532,200
total liabilities483,285511,750390,054287,271293,024394,854618,375450,985524,755721,759603,161476,855502,021514,517317,291
net assets634,358603,664516,387614,286599,676708,838725,851515,088511,586460,665523,423519,694447,852409,418705,147
total shareholders funds634,358603,664516,387614,286599,676708,838725,851515,088511,586460,665523,423519,694447,852409,418705,147
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit29,59998,300-99,29518,056-109,194-16,532261,5504,14763,184-62,9674,64193,34950,418-297,299978,162
Depreciation54,30938,62326,94729,64946,26452,41268,62769,81980,19186,88857,08052,93674,70070,99958,136
Amortisation
Tax-10,231-20,472-3,427-49,438-875-12,730-1,114-22,687-13,504-274,185
Stock-5009,500
Debtors-44,603242,571-128,13334,314-65,052-281,745289,55016,132-193,72612,35978,436461,018-187,84296,580400,223
Creditors-91,82798,06628,51663,910-22,520-55,11147,596-429-487,219122,52626,49132,378-13,784143,821285,091
Accruals and Deferred Income24,34947,73313,267-41,150-66,833-62,68446,414-48,965294,584
Deferred Taxes & Provisions17,718-3,9209,035-9,470-2,425-11,588442-6,052-7862,49124,554-8,4857,05616,1944,969
Cash flow from operations68,52015,759106,60323,254-89,656188,24285,6411,513130,950136,57933,216-313,527292,728-162,365642,450
Investing Activities
capital expenditure-101,369-17,989-74,50220,196-27,82111,872-80,687-38,707-75,334-79,510-156,50717,796-80,725-104,510-242,711
Change in Investments
cash flow from investments-101,369-17,989-74,50220,196-27,82111,872-80,687-38,707-75,334-79,510-156,50717,796-80,725-104,510-242,711
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities21,295-20,18351,965-14,108-14,987-36,83015,630-18,324-3,583-6,41975,261-49,059-5,76837,21127,231
share issue100
interest11,3279,4501,396-2032-481-1,3492304672092011,1801,5201,5701,070
cash flow from financing32,622-10,73353,361-14,128-14,955-37,31114,281-18,094-3,116-6,21075,462-47,879-4,24838,78128,401
cash and cash equivalents
cash-228-12,96485,46224,388-127,497105,49576,543-55,28852,50050,859-47,828-343,610207,755-228,094428,140
overdraft-4,9354,935-57,30857,308
change in cash-228-12,96485,46229,323-132,432162,80319,235-55,28852,50050,859-47,828-343,610207,755-228,094428,140

pulse services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Pulse Services Limited Competitor Analysis

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Perform a competitor analysis for pulse services limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BA5 area or any other competitors across 12 key performance metrics.

pulse services limited Ownership

PULSE SERVICES LIMITED group structure

Pulse Services Limited has no subsidiary companies.

Ultimate parent company

PULSE SERVICES LIMITED

02097776

PULSE SERVICES LIMITED Shareholders

mr christopher john ridler 100%

pulse services limited directors

Pulse Services Limited currently has 1 director, Mr Christopher Ridler serving since Jul 1991.

officercountryagestartendrole
Mr Christopher Ridler74 years Jul 1991- Director

P&L

March 2024

turnover

3.1m

-4%

operating profit

29.6k

0%

gross margin

29.2%

+5.12%

turnover

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

Balance Sheet

March 2024

net assets

634.4k

+0.05%

total assets

1.1m

0%

cash

215.6k

0%

net assets

Total assets minus all liabilities

pulse services limited company details

company number

02097776

Type

Private limited with Share Capital

industry

43220 - Plumbing, heat and air-conditioning installation

incorporation date

February 1987

age

38

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

calltechno limited (March 1987)

accountant

-

auditor

-

address

webbs close, west street, wells, somerset, BA5 2HW

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

pulse services 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 1 charges/mortgages relating to pulse services limited. Currently there are 0 open charges and 1 have been satisfied in the past.

pulse services 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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pulse services limited Companies House Filings - See Documents

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