pittway systems technology group europe limitedEstimated Valuation
£2.9m
Pomanda estimates the enterprise value of PITTWAY SYSTEMS TECHNOLOGY GROUP EUROPE LIMITED at £2.9m based on a Turnover of £8.2m and 0.35x industry multiple (adjusted for size and gross margin).
pittway systems technology group europe limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of PITTWAY SYSTEMS TECHNOLOGY GROUP EUROPE LIMITED at £0 based on an EBITDA of £-334k and a 2.56x industry multiple (adjusted for size and gross margin).
pittway systems technology group europe limitedEstimated Valuation
£110.5m
Pomanda estimates the enterprise value of PITTWAY SYSTEMS TECHNOLOGY GROUP EUROPE LIMITED at £110.5m based on Net Assets of £51.8m and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Pittway Systems Technology Group Europe LimitedOverview
Pittway Systems Technology Group Europe Limited is a live company located in bracknell, RG12 1EB with a Companies House number of 02247430. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 1988, it's largest shareholder is
honeywell acquisitions ii limited
with a 77.6% stake. Pittway Systems Technology Group Europe Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£8.2m with
declining
growth in recent years.
Pittway Systems Technology Group Europe Limited Health Check
Pomanda's financial health check has awarded Pittway Systems Technology Group Europe Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
1 Regular
5 Weak
Size
annual sales of £8.2m, make it larger than the average company (£4m)
£8.2m - Pittway Systems Technology Group Europe Limited
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (3%)
-18% - Pittway Systems Technology Group Europe Limited
3% - Industry AVG
Production
with a gross margin of 2.9%, this company has a higher cost of product (38.4%)
2.9% - Pittway Systems Technology Group Europe Limited
38.4% - Industry AVG
Profitability
an operating margin of -4.1% make it less profitable than the average company (6.2%)
-4.1% - Pittway Systems Technology Group Europe Limited
6.2% - Industry AVG
Employees
with 5 employees, this is below the industry average (25)
5 - Pittway Systems Technology Group Europe Limited
25 - Industry AVG
Pay Structure
on an average salary of £57.6k, the company has an equivalent pay structure (£51.3k)
£57.6k - Pittway Systems Technology Group Europe Limited
£51.3k - Industry AVG
Efficiency
resulting in sales per employee of £1.6m, this is more efficient (£162.2k)
£1.6m - Pittway Systems Technology Group Europe Limited
£162.2k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (44 days)
8 days - Pittway Systems Technology Group Europe Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (33 days)
11 days - Pittway Systems Technology Group Europe Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Pittway Systems Technology Group Europe Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 521 weeks, this is more cash available to meet short term requirements (23 weeks)
521 weeks - Pittway Systems Technology Group Europe Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.8%, this is a lower level of debt than the average (63.6%)
4.8% - Pittway Systems Technology Group Europe Limited
63.6% - Industry AVG
PITTWAY SYSTEMS TECHNOLOGY GROUP EUROPE LIMITED financials
EXPORT
Pittway Systems Technology Group Europe Limited's latest turnover from December 2022 is £8.2 million and the company has net assets of £51.8 million. According to their latest financial statements, Pittway Systems Technology Group Europe Limited has 5 employees and maintains cash reserves of £26.3 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
8,158,000
16,107,000
13,222,000
14,590,000
14,120,000
13,007,000
16,361,000
15,874,000
17,801,000
16,110,000
16,697,000
18,183,000
19,343,000
21,103,000
Other Income Or Grants
Cost Of Sales
7,921,000
12,490,000
8,961,000
9,958,000
9,688,000
8,919,000
10,812,000
10,290,000
10,982,000
11,294,000
11,347,000
11,297,000
11,677,000
14,046,000
Gross Profit
237,000
3,617,000
4,261,000
4,632,000
4,432,000
4,088,000
5,549,000
5,584,000
6,819,000
4,816,000
5,350,000
6,886,000
7,666,000
7,057,000
Admin Expenses
571,000
2,291,000
2,807,000
3,775,000
2,726,000
3,047,000
2,535,000
2,910,000
3,844,000
4,717,000
3,881,000
4,762,000
5,563,000
9,064,000
Operating Profit
-334,000
1,326,000
1,454,000
857,000
1,706,000
1,041,000
3,014,000
2,674,000
2,975,000
99,000
1,469,000
2,124,000
2,103,000
-2,007,000
Interest Payable
46,000
2,000
3,000
Interest Receivable
121,000
222,000
187,000
275,000
286,000
199,000
192,000
190,000
183,000
123,000
23,000
Pre-Tax Profit
-213,000
17,680,000
1,454,000
857,000
1,928,000
1,228,000
3,243,000
2,960,000
9,225,000
1,177,000
1,659,000
2,307,000
21,724,000
-1,987,000
Tax
3,363,000
-3,460,000
-3,000
-24,000
-12,000
-79,000
-15,000
-83,000
-13,000
-53,000
-74,000
106,000
459,000
74,000
Profit After Tax
3,150,000
14,220,000
1,451,000
833,000
1,916,000
1,149,000
3,228,000
2,877,000
9,212,000
1,124,000
1,585,000
2,413,000
22,183,000
-1,913,000
Dividends Paid
18,000,000
25,000,000
Retained Profit
3,150,000
14,220,000
1,451,000
833,000
1,916,000
1,149,000
3,228,000
-15,123,000
9,212,000
1,124,000
1,585,000
2,413,000
-2,817,000
-1,913,000
Employee Costs
288,000
1,170,000
1,099,000
1,177,000
1,562,000
1,880,000
1,976,000
1,712,000
2,413,000
2,366,000
3,148,000
3,594,000
3,558,000
6,046,000
Number Of Employees
5
15
13
13
22
29
35
42
44
47
52
60
67
123
EBITDA*
-334,000
1,326,000
1,454,000
857,000
1,706,000
1,041,000
3,014,000
2,674,000
3,128,000
315,000
1,803,000
2,394,000
2,498,000
-1,526,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
19,000
3,000
2,512,000
2,694,000
2,979,000
3,224,000
Intangible Assets
600,000
600,000
600,000
600,000
600,000
600,000
600,000
600,000
750,000
900,000
1,050,000
1,200,000
Investments & Other
8,166,000
8,166,000
8,166,000
8,166,000
8,166,000
8,166,000
8,166,000
8,166,000
8,166,000
8,166,000
8,166,000
8,166,000
8,166,000
8,166,000
Debtors (Due After 1 year)
96,000
Total Fixed Assets
8,166,000
8,166,000
8,862,000
8,766,000
8,766,000
8,785,000
8,766,000
8,766,000
8,766,000
8,769,000
11,428,000
11,760,000
12,195,000
12,590,000
Stock & work in progress
1,000
1,000
1,000
17,000
21,000
Trade Debtors
197,000
3,069,000
2,954,000
2,564,000
2,470,000
2,327,000
2,465,000
2,479,000
1,886,000
1,531,000
1,261,000
1,543,000
1,394,000
1,895,000
Group Debtors
464,000
415,000
423,000
679,000
14,358,000
14,039,000
20,382,000
20,173,000
19,387,000
13,718,000
13,263,000
13,186,000
13,092,000
5,167,000
Misc Debtors
19,358,000
63,000
127,000
132,000
194,000
135,000
282,000
290,000
493,000
451,000
548,000
588,000
564,000
40,000
Cash
26,251,000
42,548,000
24,145,000
22,679,000
7,521,000
6,228,000
13,035,000
10,780,000
6,879,000
5,083,000
2,257,000
16,043,000
misc current assets
total current assets
46,270,000
46,095,000
27,649,000
26,054,000
24,543,000
22,729,000
23,129,000
22,942,000
34,801,000
26,481,000
21,952,000
20,401,000
17,324,000
23,166,000
total assets
54,436,000
54,261,000
36,511,000
34,820,000
33,309,000
31,514,000
31,895,000
31,708,000
43,567,000
35,250,000
33,380,000
32,161,000
29,519,000
35,756,000
Bank overdraft
1,325,000
3,207,000
Bank loan
Trade Creditors
250,000
284,000
90,000
144,000
36,000
133,000
138,000
158,000
244,000
183,000
222,000
219,000
224,000
383,000
Group/Directors Accounts
2,254,000
620,000
896,000
1,089,000
480,000
607,000
451,000
820,000
507,000
1,681,000
1,031,000
1,328,000
751,000
3,256,000
other short term finances
1,215,000
908,000
hp & lease commitments
other current liabilities
115,000
3,475,000
170,000
591,000
598,000
439,000
821,000
1,653,000
1,823,000
1,605,000
1,470,000
1,542,000
1,885,000
2,540,000
total current liabilities
2,619,000
5,594,000
2,064,000
1,824,000
1,114,000
1,179,000
2,735,000
5,838,000
2,574,000
3,469,000
2,723,000
3,089,000
2,860,000
6,179,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
32,000
88,000
62,000
113,000
total long term liabilities
32,000
88,000
62,000
113,000
total liabilities
2,619,000
5,594,000
2,064,000
1,824,000
1,146,000
1,267,000
2,797,000
5,838,000
2,574,000
3,469,000
2,723,000
3,089,000
2,860,000
6,292,000
net assets
51,817,000
48,667,000
34,447,000
32,996,000
32,163,000
30,247,000
29,098,000
25,870,000
40,993,000
31,781,000
30,657,000
29,072,000
26,659,000
29,464,000
total shareholders funds
51,817,000
48,667,000
34,447,000
32,996,000
32,163,000
30,247,000
29,098,000
25,870,000
40,993,000
31,781,000
30,657,000
29,072,000
26,659,000
29,464,000
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
-334,000
1,326,000
1,454,000
857,000
1,706,000
1,041,000
3,014,000
2,674,000
2,975,000
99,000
1,469,000
2,124,000
2,103,000
-2,007,000
Depreciation
3,000
66,000
184,000
120,000
245,000
481,000
Amortisation
150,000
150,000
150,000
150,000
150,000
Tax
3,363,000
-3,460,000
-3,000
-24,000
-12,000
-79,000
-15,000
-83,000
-13,000
-53,000
-74,000
106,000
459,000
74,000
Stock
-1,000
-16,000
-4,000
21,000
Debtors
16,472,000
-53,000
225,000
-13,647,000
521,000
-6,628,000
187,000
1,176,000
6,066,000
628,000
-245,000
267,000
7,948,000
7,102,000
Creditors
-34,000
194,000
-54,000
108,000
-97,000
-5,000
-20,000
-86,000
61,000
-39,000
3,000
-5,000
-159,000
383,000
Accruals and Deferred Income
-3,360,000
3,305,000
-421,000
-7,000
159,000
-382,000
-832,000
-170,000
218,000
135,000
-72,000
-343,000
-655,000
2,540,000
Deferred Taxes & Provisions
-32,000
-56,000
26,000
62,000
-113,000
113,000
Cash flow from operations
-16,837,000
1,418,000
751,000
14,549,000
1,179,000
7,229,000
2,022,000
1,159,000
-2,671,000
-270,000
1,905,000
1,901,000
-5,914,000
-5,539,000
Investing Activities
capital expenditure
600,000
19,000
-19,000
-150,000
2,443,000
-2,000
165,000
-4,905,000
Change in Investments
8,166,000
cash flow from investments
600,000
19,000
-19,000
-150,000
2,443,000
-2,000
165,000
-13,071,000
Financing Activities
Bank loans
Group/Directors Accounts
1,634,000
-276,000
-193,000
609,000
-127,000
156,000
-369,000
313,000
-1,174,000
650,000
-297,000
577,000
-2,505,000
3,256,000
Other Short Term Loans
-1,215,000
307,000
908,000
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
12,000
31,377,000
interest
121,000
222,000
187,000
229,000
286,000
199,000
192,000
190,000
183,000
121,000
20,000
cash flow from financing
540,000
31,000
715,000
609,000
95,000
343,000
-140,000
599,000
-975,000
842,000
-107,000
760,000
-2,372,000
34,653,000
cash and cash equivalents
cash
-16,297,000
18,403,000
1,466,000
15,158,000
1,293,000
6,228,000
-13,035,000
2,255,000
3,901,000
1,796,000
2,826,000
-13,786,000
16,043,000
overdraft
-1,325,000
-1,882,000
3,207,000
change in cash
-16,297,000
18,403,000
1,466,000
15,158,000
1,293,000
7,553,000
1,882,000
-16,242,000
2,255,000
3,901,000
1,796,000
2,826,000
-13,786,000
16,043,000
pittway systems technology group europe 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 pittway systems technology group europe limited. Get real-time insights into pittway systems technology group europe limited's credit score, group structure and payment trends.
Pittway Systems Technology Group Europe Limited Competitor Analysis
Perform a competitor analysis for pittway systems technology group europe limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in RG12 area or any other competitors across 12 key performance metrics.
pittway systems technology group europe limited Ownership
PITTWAY SYSTEMS TECHNOLOGY GROUP EUROPE LIMITED group structure
Pittway Systems Technology Group Europe Limited has 1 subsidiary company.
PITTWAY SYSTEMS TECHNOLOGY GROUP EUROPE LIMITED Shareholders
The largest shareholders in Pittway Systems Technology Group Europe Limited include Honeywell Acquisitions Ii Limited and Honeywell International Inc..
honeywell acquisitions ii limited
77.59%
honeywell international inc.
22.41%
pittway systems technology group europe limited directors
Pittway Systems Technology Group Europe Limited currently has 3 directors.
The longest serving directors include
Mr Lionel Caillat (Dec 2021) and
Mr Lazare Mounzeo (Aug 2024).
pittway systems technology group europe limited company details
company number
02247430
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
April 1988
age
37
incorporated
UK
ultimate parent company
HONEYWELL INTERNATIONAL INC
accounts
Full Accounts
last accounts submitted
December 2022
previous names
notifier limited (January 1999)
bowcom (uk) limited (May 1990)
accountant
-
auditor
DELOITTE LLP
address
honeywell house, skimped hill lane, bracknell, berks, RG12 1EB
Bank
BARCLAYS BANK PLC
Legal Advisor
-
pittway systems technology group europe 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 5 charges/mortgages relating to pittway systems technology group europe limited. Currently there are 0 open charges and 5 have been satisfied in the past.
pittway systems technology group europe 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 PITTWAY SYSTEMS TECHNOLOGY GROUP EUROPE LIMITED. This can take several minutes, an email will notify you when this has completed.
pittway systems technology group europe limitedCompanies House Filings - See Documents
