the practical printer limited

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the practical printer limited Company Information

Share THE PRACTICAL PRINTER LIMITED

Company Number

02278910

Shareholders

mr neil patrick womersley

mrs jacqueline womersley

Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

office 9 the coach house, desford hall, leicester, leicestershire, LE9 9JJ

the practical printer limited Estimated Valuation

£47.1k

Pomanda estimates the enterprise value of THE PRACTICAL PRINTER LIMITED at £47.1k based on a Turnover of £116k and 0.41x industry multiple (adjusted for size and gross margin).

the practical printer limited Estimated Valuation

£46.5k

Pomanda estimates the enterprise value of THE PRACTICAL PRINTER LIMITED at £46.5k based on an EBITDA of £15.9k and a 2.92x industry multiple (adjusted for size and gross margin).

the practical printer limited Estimated Valuation

£0

Pomanda estimates the enterprise value of THE PRACTICAL PRINTER LIMITED at £0 based on Net Assets of £-21.6k and 2.3x industry multiple (adjusted for liquidity).

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The Practical Printer Limited Overview

The Practical Printer Limited is a live company located in leicester, LE9 9JJ with a Companies House number of 02278910. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 1988, it's largest shareholder is mr neil patrick womersley with a 50% stake. The Practical Printer Limited is a mature, micro sized company, Pomanda has estimated its turnover at £116k with declining growth in recent years.

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The Practical Printer Limited Health Check

Pomanda's financial health check has awarded The Practical Printer Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £116k, make it smaller than the average company (£3.9m)

£116k - The Practical Printer Limited

£3.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (5.3%)

-1% - The Practical Printer Limited

5.3% - Industry AVG

production

Production

with a gross margin of 17.4%, this company has a higher cost of product (37.8%)

17.4% - The Practical Printer Limited

37.8% - Industry AVG

profitability

Profitability

an operating margin of 13.7% make it more profitable than the average company (6%)

13.7% - The Practical Printer Limited

6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (24)

2 - The Practical Printer Limited

24 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.6k, the company has an equivalent pay structure (£48.6k)

£48.6k - The Practical Printer Limited

£48.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £58k, this is less efficient (£154.8k)

£58k - The Practical Printer Limited

£154.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 72 days, this is later than average (41 days)

72 days - The Practical Printer Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 127 days, this is slower than average (33 days)

127 days - The Practical Printer Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The Practical Printer Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - The Practical Printer Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 188.7%, this is a higher level of debt than the average (61.5%)

188.7% - The Practical Printer Limited

61.5% - Industry AVG

THE PRACTICAL PRINTER LIMITED financials

EXPORTms excel logo

The Practical Printer Limited's latest turnover from September 2023 is estimated at £116 thousand and the company has net assets of -£21.6 thousand. According to their latest financial statements, The Practical Printer Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover116,002108,532123,543121,105115,963126,077131,208144,765160,393226,808149,630165,639151,685253,9320
Other Income Or Grants000000000000000
Cost Of Sales95,83490,164104,642100,82096,548104,897108,629119,147133,355189,624124,590136,483123,850204,4780
Gross Profit20,16818,36818,90120,28519,41521,18022,57925,61827,03837,18425,03929,15627,83549,4540
Admin Expenses4,24320,74918,32626,02023,82021,76610,58437,87350,21332,23925,18947,05743,48129,205-27,788
Operating Profit15,925-2,381575-5,735-4,405-58611,995-12,255-23,1754,945-150-17,901-15,64620,24927,788
Interest Payable000000000000000
Interest Receivable000000000122029101
Pre-Tax Profit15,925-2,381575-5,735-4,405-58611,995-12,255-23,1754,946-148-17,881-15,61720,26027,789
Tax-3,9810-109000-2,27900-1,039000-5,673-7,781
Profit After Tax11,944-2,381466-5,735-4,405-5869,716-12,255-23,1753,907-148-17,881-15,61714,58720,008
Dividends Paid000000000000000
Retained Profit11,944-2,381466-5,735-4,405-5869,716-12,255-23,1753,907-148-17,881-15,61714,58720,008
Employee Costs97,18791,69486,21183,86183,09778,59375,827114,07637,71437,62837,00936,74636,25335,3890
Number Of Employees222222231111110
EBITDA*15,925-2,381575-5,735-4,405-58611,995-10,557-13,90813,1658,070-8,987-7,20321,54928,917

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets7838645151,0311,6232,2711,1392,3923,7118,64916,86924,79131,6842,6323,578
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets7838645151,0311,6232,2711,1392,3923,7118,64916,86924,79131,6842,6323,578
Stock & work in progress00000003,0003,5003,5003,5003,5003,5003,5003,500
Trade Debtors23,07622,62332,42628,61219,61425,94528,35830,18541,69659,59834,91941,94341,65180,74868,179
Group Debtors000000000000000
Misc Debtors4374174171,84576600000006264660
Cash00000001919763194897,5923,826346
misc current assets000004821,51800000000
total current assets23,51323,04032,84330,45720,38026,42729,87633,20445,21563,17438,73845,93253,36988,54072,025
total assets24,29623,90433,35831,48822,00328,69831,01535,59648,92671,82355,60770,72385,05391,17275,603
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 33,41234,88736,20932,87247,56249,83251,40146,16847,24365,63549,91455,34043,78556,57555,593
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities33,41234,88736,20932,87247,56249,83251,40146,16847,24365,63549,91455,34043,78556,57555,593
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income4,24615015020029031047200000000
other liabilities8,19322,36628,11730,00000020,00020,00001,8569,90016,70600
provisions0000000001,3302,8864,3845,58200
total long term liabilities12,43922,51628,26730,20029031047220,00020,0001,3304,74214,28422,28800
total liabilities45,85157,40364,47663,07247,85250,14251,87366,16867,24366,96554,65669,62466,07356,57555,593
net assets-21,555-33,499-31,118-31,584-25,849-21,444-20,858-30,572-18,3174,8589511,09918,98034,59720,010
total shareholders funds-21,555-33,499-31,118-31,584-25,849-21,444-20,858-30,572-18,3174,8589511,09918,98034,59720,010
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit15,925-2,381575-5,735-4,405-58611,995-12,255-23,1754,945-150-17,901-15,64620,24927,788
Depreciation00000001,6989,2678,2208,2208,9148,4431,3001,129
Amortisation000000000000000
Tax-3,9810-109000-2,27900-1,039000-5,673-7,781
Stock000000-3,000-5000000003,500
Debtors473-9,8032,38610,077-5,565-2,413-1,827-11,511-17,90224,679-7,024-334-38,93713,03568,179
Creditors-1,475-1,3223,337-14,690-2,270-1,5695,233-1,075-18,39215,721-5,42611,555-12,79098255,593
Accruals and Deferred Income4,0960-50-90-20-16247200000000
Deferred Taxes & Provisions00000000-1,330-1,556-1,498-1,1985,58200
Cash flow from operations14,0926,1001,367-30,592-1,1309620,248379-15,7281,6128,1701,70424,5263,8235,050
Investing Activities
capital expenditure81-349516592648-1,1321,253-379-4,3290-298-2,021-37,495-354-4,707
Change in Investments000000000000000
cash flow from investments81-349516592648-1,1321,253-379-4,3290-298-2,021-37,495-354-4,707
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities-14,173-5,751-1,88330,00000-20,000020,000-1,856-8,044-6,80616,70600
share issue000000-200000002
interest000000000122029101
cash flow from financing-14,173-5,751-1,88330,00000-20,002020,000-1,855-8,042-6,78616,735103
cash and cash equivalents
cash000000-190-57-243-170-7,1033,7663,480346
overdraft000000000000000
change in cash000000-190-57-243-170-7,1033,7663,480346

the practical printer 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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The Practical Printer Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for the practical printer limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in LE9 area or any other competitors across 12 key performance metrics.

the practical printer limited Ownership

THE PRACTICAL PRINTER LIMITED group structure

The Practical Printer Limited has no subsidiary companies.

Ultimate parent company

THE PRACTICAL PRINTER LIMITED

02278910

THE PRACTICAL PRINTER LIMITED Shareholders

mr neil patrick womersley 50%
mrs jacqueline womersley 50%

the practical printer limited directors

The Practical Printer Limited currently has 2 directors. The longest serving directors include Mr Neil Womersley (Mar 1990) and Mrs Jacqueline Womersley (Mar 1990).

officercountryagestartendrole
Mr Neil WomersleyEngland72 years Mar 1990- Director
Mrs Jacqueline WomersleyEngland65 years Mar 1990- Director

P&L

September 2023

turnover

116k

+7%

operating profit

15.9k

0%

gross margin

17.4%

+2.73%

turnover

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

Balance Sheet

September 2023

net assets

-21.6k

-0.36%

total assets

24.3k

+0.02%

cash

0

0%

net assets

Total assets minus all liabilities

the practical printer limited company details

company number

02278910

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

July 1988

age

37

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

September 2023

previous names

practical printing limited (September 1988)

focusfile limited (August 1988)

accountant

-

auditor

-

address

office 9 the coach house, desford hall, leicester, leicestershire, LE9 9JJ

Bank

WHITEHALL ACCOUNTANTS LIMITED

Legal Advisor

-

the practical printer 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 the practical printer limited. Currently there are 1 open charges and 0 have been satisfied in the past.

the practical printer 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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the practical printer limited Companies House Filings - See Documents

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