purdie dished ends ltd

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purdie dished ends ltd Company Information

Share PURDIE DISHED ENDS LTD

Company Number

02260235

Shareholders

e j purdie & son ltd

g e purdie & e j purdie & son ltd

Group Structure

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Industry

Manufacture of other fabricated metal products n.e.c.

 

Registered Address

ingleby road, bradford, west yorkshire, BD7 2AS

purdie dished ends ltd Estimated Valuation

£3.6m

Pomanda estimates the enterprise value of PURDIE DISHED ENDS LTD at £3.6m based on a Turnover of £6.5m and 0.56x industry multiple (adjusted for size and gross margin).

purdie dished ends ltd Estimated Valuation

£624k

Pomanda estimates the enterprise value of PURDIE DISHED ENDS LTD at £624k based on an EBITDA of £148.9k and a 4.19x industry multiple (adjusted for size and gross margin).

purdie dished ends ltd Estimated Valuation

£4.7m

Pomanda estimates the enterprise value of PURDIE DISHED ENDS LTD at £4.7m based on Net Assets of £2.4m and 2x industry multiple (adjusted for liquidity).

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Purdie Dished Ends Ltd Overview

Purdie Dished Ends Ltd is a live company located in west yorkshire, BD7 2AS with a Companies House number of 02260235. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in May 1988, it's largest shareholder is e j purdie & son ltd with a 99.9% stake. Purdie Dished Ends Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £6.5m with high growth in recent years.

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Purdie Dished Ends Ltd Health Check

Pomanda's financial health check has awarded Purdie Dished Ends Ltd 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 Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £6.5m, make it smaller than the average company (£14.6m)

£6.5m - Purdie Dished Ends Ltd

£14.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (8.1%)

17% - Purdie Dished Ends Ltd

8.1% - Industry AVG

production

Production

with a gross margin of 29.3%, this company has a comparable cost of product (29.3%)

29.3% - Purdie Dished Ends Ltd

29.3% - Industry AVG

profitability

Profitability

an operating margin of 0.7% make it less profitable than the average company (6.2%)

0.7% - Purdie Dished Ends Ltd

6.2% - Industry AVG

employees

Employees

with 25 employees, this is below the industry average (80)

25 - Purdie Dished Ends Ltd

80 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.3k, the company has an equivalent pay structure (£41.3k)

£41.3k - Purdie Dished Ends Ltd

£41.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £259.7k, this is more efficient (£169.4k)

£259.7k - Purdie Dished Ends Ltd

£169.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 99 days, this is later than average (59 days)

99 days - Purdie Dished Ends Ltd

59 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 85 days, this is slower than average (45 days)

85 days - Purdie Dished Ends Ltd

45 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 21 days, this is less than average (72 days)

21 days - Purdie Dished Ends Ltd

72 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 47 weeks, this is more cash available to meet short term requirements (14 weeks)

47 weeks - Purdie Dished Ends Ltd

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 52.9%, this is a higher level of debt than the average (45.4%)

52.9% - Purdie Dished Ends Ltd

45.4% - Industry AVG

PURDIE DISHED ENDS LTD financials

EXPORTms excel logo

Purdie Dished Ends Ltd's latest turnover from December 2023 is estimated at £6.5 million and the company has net assets of £2.4 million. According to their latest financial statements, Purdie Dished Ends Ltd has 25 employees and maintains cash reserves of £2.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover6,492,9666,105,2964,310,1144,029,7213,975,9094,314,4643,775,4343,310,2912,538,4034,748,6784,536,8175,337,4804,155,8203,484,9730
Other Income Or Grants000000000000000
Cost Of Sales4,591,7384,305,9303,035,6812,828,5312,788,3303,030,4102,613,2342,289,5391,759,5483,310,9093,181,2723,763,2512,920,5542,422,5180
Gross Profit1,901,2281,799,3661,274,4331,201,1901,187,5791,284,0541,162,2001,020,752778,8551,437,7681,355,5451,574,2291,235,2671,062,4550
Admin Expenses1,856,8001,637,3301,097,5541,072,0681,011,4341,131,1101,040,738866,986736,8411,272,3041,323,8091,545,3671,191,7811,043,178-1,473,983
Operating Profit44,428162,036176,879129,122176,145152,944121,462153,76642,014165,46431,73628,86243,48619,2771,473,983
Interest Payable000000000000000
Interest Receivable109,12855,2042,7248176,6616,1342,7991,2962,8452,8932,2512,4283,1782,6181,002
Pre-Tax Profit153,556217,241179,604129,938182,806159,078124,260155,06144,859168,35733,98731,28946,66521,8961,474,985
Tax-38,389-41,276-34,125-24,688-34,733-30,225-23,609-31,012-8,972-35,355-7,817-7,509-12,133-6,131-412,996
Profit After Tax115,167175,965145,479105,250148,073128,853100,651124,04935,887133,00226,17023,78034,53215,7651,061,989
Dividends Paid000000000000000
Retained Profit115,167175,965145,479105,250148,073128,853100,651124,04935,887133,00226,17023,78034,53215,7651,061,989
Employee Costs1,031,721977,953928,2911,021,9891,007,4541,010,8471,019,353996,4721,014,4161,251,4781,175,5211,336,9421,059,707945,2200
Number Of Employees25252528282930303139374335320
EBITDA*148,861256,051268,819220,516267,404267,487263,057304,629188,263303,302159,830138,434146,833126,8191,593,150

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets611,517658,744621,618630,304690,515713,006806,598879,820973,0051,058,261896,016584,877635,084620,642717,119
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets611,517658,744621,618630,304690,515713,006806,598879,820973,0051,058,261896,016584,877635,084620,642717,119
Stock & work in progress271,262528,985353,532197,766194,258219,015193,369136,33480,765113,668190,207270,200150,016164,655104,945
Trade Debtors1,776,7091,575,0161,144,8511,067,1031,029,0561,190,967962,961810,984549,450995,189907,8421,199,377929,340729,240645,551
Group Debtors00071,061210,5900000000000
Misc Debtors74,85071,31665,73356,27758,45465,48592,48078,93483,844000000
Cash2,307,2101,850,0511,304,478874,940758,5061,017,875617,770501,824534,744603,337553,972346,352624,696646,696400,640
misc current assets000000000000000
total current assets4,430,0314,025,3682,868,5942,267,1472,250,8642,493,3421,866,5801,528,0761,248,8031,712,1941,652,0211,815,9291,704,0521,540,5911,151,136
total assets5,041,5484,684,1123,490,2122,897,4512,941,3793,206,3482,673,1782,407,8962,221,8082,770,4552,548,0372,400,8062,339,1362,161,2331,868,255
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 1,076,0561,486,857899,376582,782690,259742,725734,372606,656331,7351,269,2171,254,8011,149,7401,089,850940,479650,066
Group/Directors Accounts900,839374,05997,93700293,99972,45359,638168,959000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities549,041412,751262,419263,668308,369370,940178,489137,355189,285000000
total current liabilities2,525,9362,273,6671,259,732846,450998,6281,407,664985,314803,649689,9791,269,2171,254,8011,149,7401,089,850940,479650,066
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000001,0067,03913,07318,704000000
provisions140,000150,000146,000112,000109,000112,000124,000135,000181,000205,000130,000114,000136,000142,000155,200
total long term liabilities140,000150,000146,000112,000109,000113,006131,039148,073199,704205,000130,000114,000136,000142,000155,200
total liabilities2,665,9362,423,6671,405,732958,4501,107,6281,520,6701,116,353951,722889,6831,474,2171,384,8011,263,7401,225,8501,082,479805,266
net assets2,375,6122,260,4452,084,4801,939,0011,833,7511,685,6781,556,8251,456,1741,332,1251,296,2381,163,2361,137,0661,113,2861,078,7541,062,989
total shareholders funds2,375,6122,260,4452,084,4801,939,0011,833,7511,685,6781,556,8251,456,1741,332,1251,296,2381,163,2361,137,0661,113,2861,078,7541,062,989
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit44,428162,036176,879129,122176,145152,944121,462153,76642,014165,46431,73628,86243,48619,2771,473,983
Depreciation104,43394,01591,94091,39491,259114,543141,595150,863146,249137,838128,094109,572103,347107,542119,167
Amortisation000000000000000
Tax-38,389-41,276-34,125-24,688-34,733-30,225-23,609-31,012-8,972-35,355-7,817-7,509-12,133-6,131-412,996
Stock-257,723175,453155,7663,508-24,75725,64657,03555,569-32,903-76,539-79,993120,184-14,63959,710104,945
Debtors205,227435,74816,143-103,65941,648201,011165,523256,624-361,89587,347-291,535270,037200,10083,689645,551
Creditors-410,801587,481316,594-107,477-52,4668,353127,716274,921-937,48214,416105,06159,890149,371290,413650,066
Accruals and Deferred Income136,290150,332-1,249-44,701-62,571192,45141,134-51,930189,285000000
Deferred Taxes & Provisions-10,0004,00034,0003,000-3,000-12,000-11,000-46,000-24,00075,00016,000-22,000-6,000-13,200155,200
Cash flow from operations-121,543345,387412,130146,80197,743199,409174,740138,415-198,108346,555644,602-221,40692,610254,5021,234,924
Investing Activities
capital expenditure-57,206-131,141-83,254-31,183-68,768-20,951-68,373-57,678-60,993-300,083-439,233-59,365-117,789-11,065-836,286
Change in Investments000000000000000
cash flow from investments-57,206-131,141-83,254-31,183-68,768-20,951-68,373-57,678-60,993-300,083-439,233-59,365-117,789-11,065-836,286
Financing Activities
Bank loans000000000000000
Group/Directors Accounts526,780276,12297,9370-293,999221,54612,815-109,321168,959000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0000-1,006-6,033-6,034-5,63118,704000000
share issue000000000000001,000
interest109,12855,2042,7248176,6616,1342,7991,2962,8452,8932,2512,4283,1782,6181,002
cash flow from financing635,908331,326100,661817-288,344221,6479,580-113,656190,5082,8932,2512,4283,1782,6182,002
cash and cash equivalents
cash457,159545,573429,538116,434-259,369400,105115,946-32,920-68,59349,365207,620-278,344-22,000246,056400,640
overdraft000000000000000
change in cash457,159545,573429,538116,434-259,369400,105115,946-32,920-68,59349,365207,620-278,344-22,000246,056400,640

purdie dished ends ltd 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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Purdie Dished Ends Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for purdie dished ends ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in BD7 area or any other competitors across 12 key performance metrics.

purdie dished ends ltd Ownership

PURDIE DISHED ENDS LTD group structure

Purdie Dished Ends Ltd has no subsidiary companies.

Ultimate parent company

1 parent

PURDIE DISHED ENDS LTD

02260235

PURDIE DISHED ENDS LTD Shareholders

e j purdie & son ltd 99.9%
g e purdie & e j purdie & son ltd 0.1%

purdie dished ends ltd directors

Purdie Dished Ends Ltd currently has 2 directors. The longest serving directors include Mr Clive Anderson (Jan 2003) and Mr Edward Down (Jan 2010).

officercountryagestartendrole
Mr Clive Anderson58 years Jan 2003- Director
Mr Edward Down54 years Jan 2010- Director

P&L

December 2023

turnover

6.5m

+6%

operating profit

44.4k

0%

gross margin

29.3%

-0.65%

turnover

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

Balance Sheet

December 2023

net assets

2.4m

+0.05%

total assets

5m

+0.08%

cash

2.3m

+0.25%

net assets

Total assets minus all liabilities

purdie dished ends ltd company details

company number

02260235

Type

Private limited with Share Capital

industry

25990 - Manufacture of other fabricated metal products n.e.c.

incorporation date

May 1988

age

37

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

December 2023

previous names

northern dished ends limited (May 2002)

accountant

SAGARS ACCOUNTANTS LIMITED

auditor

-

address

ingleby road, bradford, west yorkshire, BD7 2AS

Bank

-

Legal Advisor

-

purdie dished ends ltd 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 6 charges/mortgages relating to purdie dished ends ltd. Currently there are 5 open charges and 1 have been satisfied in the past.

purdie dished ends ltd 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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purdie dished ends ltd Companies House Filings - See Documents

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