p & p glass limited Company Information
Company Number
02282602
Website
www.pandpglass.co.ukRegistered Address
pwg house, first floor, 85-87 shrivenham hundred busines, swindon, SN6 8TY
Industry
Glazing
Telephone
01483467250
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
p&p holdings ltd 100%
p & p glass limited Estimated Valuation
Pomanda estimates the enterprise value of P & P GLASS LIMITED at £4.9m based on a Turnover of £9.5m and 0.52x industry multiple (adjusted for size and gross margin).
p & p glass limited Estimated Valuation
Pomanda estimates the enterprise value of P & P GLASS LIMITED at £1.5m based on an EBITDA of £268k and a 5.48x industry multiple (adjusted for size and gross margin).
p & p glass limited Estimated Valuation
Pomanda estimates the enterprise value of P & P GLASS LIMITED at £569.2k based on Net Assets of £210.1k and 2.71x industry multiple (adjusted for liquidity).
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P & P Glass Limited Overview
P & P Glass Limited is a live company located in swindon, SN6 8TY with a Companies House number of 02282602. It operates in the glazing sector, SIC Code 43342. Founded in August 1988, it's largest shareholder is p&p holdings ltd with a 100% stake. P & P Glass Limited is a mature, mid sized company, Pomanda has estimated its turnover at £9.5m with rapid growth in recent years.
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P & P Glass Limited Health Check
Pomanda's financial health check has awarded P & P Glass Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £9.5m, make it larger than the average company (£572k)
£9.5m - P & P Glass Limited
£572k - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (2.5%)
- P & P Glass Limited
2.5% - Industry AVG
Production
with a gross margin of 41.7%, this company has a lower cost of product (29.2%)
41.7% - P & P Glass Limited
29.2% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (7.1%)
1.8% - P & P Glass Limited
7.1% - Industry AVG
Employees
with 57 employees, this is above the industry average (5)
57 - P & P Glass Limited
5 - Industry AVG
Pay Structure
on an average salary of £28.1k, the company has an equivalent pay structure (£28.1k)
- P & P Glass Limited
£28.1k - Industry AVG
Efficiency
resulting in sales per employee of £166.5k, this is more efficient (£129.7k)
£166.5k - P & P Glass Limited
£129.7k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (45 days)
10 days - P & P Glass Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (39 days)
25 days - P & P Glass Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 25 days, this is in line with average (24 days)
25 days - P & P Glass Limited
24 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - P & P Glass Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.2%, this is a higher level of debt than the average (64.6%)
89.2% - P & P Glass Limited
64.6% - Industry AVG
p & p glass limited Credit Report and Business Information
P & P Glass Limited Competitor Analysis
Perform a competitor analysis for p & p glass limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
p & p glass limited Ownership
P & P GLASS LIMITED group structure
P & P Glass Limited has no subsidiary companies.
Ultimate parent company
BERGS TIMBER AB
#0047451
2 parents
P & P GLASS LIMITED
02282602
p & p glass limited directors
P & P Glass Limited currently has 4 directors. The longest serving directors include Mr Thomas Scanlan (Apr 1992) and Mr Jay Pengelly (Jan 2022).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Thomas Scanlan | 61 years | Apr 1992 | - | Director | |
Mr Jay Pengelly | England | 49 years | Jan 2022 | - | Director |
Mr Charles Fox | United Kingdom | 57 years | Jan 2022 | - | Director |
Mr Ian Duggan | England | 50 years | Dec 2023 | - | Director |
P & P GLASS LIMITED financials
P & P Glass Limited's latest turnover from December 2022 is £9.5 million and the company has net assets of £210.1 thousand. According to their latest financial statements, P & P Glass Limited has 57 employees and maintains cash reserves of £22.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 9,487,707 | 7,099,959 | 7,025,971 | 6,538,966 | 6,152,676 | 6,879,133 | 7,459,985 | 7,608,113 | 6,682,423 | |||||
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Cost Of Sales | 5,534,054 | 4,259,643 | 3,987,629 | 3,627,909 | 3,313,091 | 3,812,029 | 4,151,814 | 4,049,498 | 3,646,678 | |||||
Gross Profit | 3,953,653 | 2,840,316 | 3,038,342 | 2,911,057 | 2,839,585 | 3,067,104 | 3,308,171 | 3,558,615 | 3,035,745 | |||||
Admin Expenses | 3,786,223 | 2,926,421 | 2,993,572 | 2,803,858 | 2,776,680 | 3,049,383 | 3,466,779 | 3,448,315 | 2,949,223 | |||||
Operating Profit | 167,430 | -86,105 | 44,770 | 107,199 | 62,905 | 17,721 | -158,608 | 110,300 | 86,522 | |||||
Interest Payable | 0 | 2,361 | 3,856 | 2,432 | 2,045 | 3,377 | 4,791 | 7,571 | 8,629 | |||||
Interest Receivable | 0 | 0 | 0 | 0 | 85 | 132 | 1,911 | 2,244 | 149 | |||||
Pre-Tax Profit | 167,430 | -88,466 | 40,914 | 104,767 | 60,945 | 14,476 | -161,488 | 104,973 | 78,042 | |||||
Tax | -9,411 | -40,488 | -1,674 | -22,693 | -15,327 | 306 | 21,764 | -19,233 | -16,850 | |||||
Profit After Tax | 158,019 | -128,954 | 39,240 | 82,074 | 45,618 | 14,782 | -139,724 | 85,740 | 61,192 | |||||
Dividends Paid | 0 | 0 | 5,000 | 0 | 0 | 0 | 0 | 40,000 | 10,000 | |||||
Retained Profit | 158,019 | -128,954 | 34,240 | 82,074 | 45,618 | 14,782 | -139,724 | 45,740 | 51,192 | |||||
Employee Costs | 2,161,111 | 2,039,868 | 1,991,738 | 2,080,449 | 2,370,282 | 2,443,313 | 1,997,482 | |||||||
Number Of Employees | 57 | 55 | 53 | 53 | 53 | 53 | 56 | 55 | 56 | 60 | 68 | 64 | 60 | |
EBITDA* | 267,982 | 2,632 | 95,185 | 178,468 | 152,092 | 110,152 | -66,401 | 191,308 | 145,260 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 280,397 | 381,548 | 403,375 | 426,295 | 392,449 | 410,813 | 413,912 | 375,591 | 378,062 | 390,809 | 483,494 | 367,557 | 311,485 | 221,474 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 45,717 | 40,717 | 40,717 | 30,750 | 30,750 | 30,750 | 18,750 | 0 | 478,519 | 458,926 | 443,004 | 403,171 | 402,071 | 343,705 |
Total Fixed Assets | 326,114 | 422,265 | 444,092 | 457,045 | 423,199 | 441,563 | 432,662 | 375,591 | 856,581 | 849,735 | 926,498 | 770,728 | 713,556 | 565,179 |
Stock & work in progress | 385,884 | 339,378 | 418,443 | 343,915 | 373,472 | 259,955 | 253,968 | 312,388 | 274,785 | 285,322 | 217,575 | 581,009 | 405,495 | 371,546 |
Trade Debtors | 274,577 | 292,714 | 206,152 | 336,635 | 609,662 | 289,315 | 361,516 | 464,279 | 426,690 | 445,536 | 432,693 | 336,209 | 468,427 | 583,055 |
Group Debtors | 817,286 | 486,257 | 488,326 | 507,952 | 510,240 | 515,865 | 516,145 | 496,028 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 127,110 | 80,185 | 28,205 | 40,458 | 37,418 | 44,839 | 42,618 | 54,232 | 54,699 | 78,288 | 91,177 | 69,095 | 0 | 0 |
Cash | 22,539 | 317,000 | 240,783 | 226 | 21,577 | 19,379 | 156 | 143 | 300 | 2,853 | 3,904 | 343,465 | 451,364 | 154,608 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,627,396 | 1,515,534 | 1,381,909 | 1,229,186 | 1,552,369 | 1,129,353 | 1,174,403 | 1,327,070 | 756,474 | 811,999 | 745,349 | 1,329,778 | 1,325,286 | 1,109,209 |
total assets | 1,953,510 | 1,937,799 | 1,826,001 | 1,686,231 | 1,975,568 | 1,570,916 | 1,607,065 | 1,702,661 | 1,613,055 | 1,661,734 | 1,671,847 | 2,100,506 | 2,038,842 | 1,674,388 |
Bank overdraft | 0 | 0 | 0 | 14,203 | 0 | 0 | 3,239 | 8,736 | 9,755 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 385,619 | 352,017 | 403,396 | 369,371 | 356,292 | 512,186 | 268,693 | 369,468 | 374,299 | 520,949 | 646,727 | 670,698 | 675,345 | 1,510,056 |
Group/Directors Accounts | 84,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 12,783 | 28,487 | 30,606 | 38,727 | 54,633 | 48,394 | 10,607 | 21,619 | 21,290 | 37,565 | 38,689 | 65,934 | 0 |
other current liabilities | 1,221,327 | 1,422,070 | 1,117,855 | 969,753 | 1,320,192 | 787,312 | 944,482 | 1,049,277 | 1,013,267 | 988,777 | 849,028 | 1,118,590 | 1,038,384 | 0 |
total current liabilities | 1,690,946 | 1,786,870 | 1,549,738 | 1,383,933 | 1,715,211 | 1,354,131 | 1,264,808 | 1,438,088 | 1,418,940 | 1,531,016 | 1,533,320 | 1,827,977 | 1,779,663 | 1,510,056 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 12,782 | 35,791 | 23,231 | 33,721 | 54,763 | 10,293 | 21,693 | 10,168 | 31,458 | 17,012 | 55,595 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28,900 |
provisions | 52,433 | 98,817 | 68,915 | 62,855 | 45,855 | 42,209 | 43,721 | 44,747 | 44,963 | 38,709 | 40,010 | 48,734 | 42,541 | 25,581 |
total long term liabilities | 52,433 | 98,817 | 81,697 | 98,646 | 69,086 | 75,930 | 98,484 | 55,040 | 66,656 | 48,877 | 71,468 | 65,746 | 98,136 | 54,481 |
total liabilities | 1,743,379 | 1,885,687 | 1,631,435 | 1,482,579 | 1,784,297 | 1,430,061 | 1,363,292 | 1,493,128 | 1,485,596 | 1,579,893 | 1,604,788 | 1,893,723 | 1,877,799 | 1,564,537 |
net assets | 210,131 | 52,112 | 194,566 | 203,652 | 191,271 | 140,855 | 243,773 | 209,533 | 127,459 | 81,841 | 67,059 | 206,783 | 161,043 | 109,851 |
total shareholders funds | 210,131 | 52,112 | 194,566 | 203,652 | 191,271 | 140,855 | 243,773 | 209,533 | 127,459 | 81,841 | 67,059 | 206,783 | 161,043 | 109,851 |
Dec 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 167,430 | -86,105 | 44,770 | 107,199 | 62,905 | 17,721 | -158,608 | 110,300 | 86,522 | |||||
Depreciation | 100,552 | 88,737 | 84,383 | 87,679 | 72,138 | 90,961 | 50,415 | 71,269 | 89,187 | 92,431 | 92,207 | 81,008 | 58,738 | 57,264 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -9,411 | -40,488 | -1,674 | -22,693 | -15,327 | 306 | 21,764 | -19,233 | -16,850 | |||||
Stock | 46,506 | -79,065 | 74,528 | -29,557 | 113,517 | 5,987 | -58,420 | 37,603 | -10,537 | 67,747 | -363,434 | 175,514 | 33,949 | 371,546 |
Debtors | 364,817 | 136,473 | -152,395 | -272,275 | 307,301 | -58,260 | -75,510 | 54,631 | -22,842 | 15,876 | 158,399 | -62,023 | -56,262 | 926,760 |
Creditors | 33,602 | -51,379 | 34,025 | 13,079 | -155,894 | 243,493 | -100,775 | -4,831 | -146,650 | -125,778 | -23,971 | -4,647 | -834,711 | 1,510,056 |
Accruals and Deferred Income | -200,743 | 304,215 | 148,102 | -350,439 | 532,880 | -157,170 | -104,795 | 36,010 | 24,490 | 139,749 | -269,562 | 80,206 | 1,038,384 | 0 |
Deferred Taxes & Provisions | -46,384 | 29,902 | 6,060 | 17,000 | 3,646 | -1,512 | -1,026 | -216 | 6,254 | -1,301 | -8,724 | 6,193 | 16,960 | 25,581 |
Cash flow from operations | -366,277 | 187,474 | 20,845 | 94,504 | 54,238 | 39,505 | -141,859 | 140,336 | 371,356 | |||||
Investing Activities | ||||||||||||||
capital expenditure | -116,685 | -74,629 | -82,960 | -6,717 | -212,196 | -130,718 | -150,905 | |||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | -116,685 | -74,629 | -82,960 | -6,717 | -212,196 | -130,718 | -150,905 | |||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 84,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | -12,783 | -28,486 | -25,128 | 4,439 | -26,396 | -14,803 | 82,257 | -22,412 | 11,854 | -37,565 | 13,322 | -65,828 | 121,529 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -28,900 | 28,900 |
share issue | ||||||||||||||
interest | 0 | -2,361 | -3,856 | -2,432 | -1,960 | -3,245 | -2,880 | -5,327 | -8,480 | |||||
cash flow from financing | 71,217 | -44,347 | 78,401 | -24,844 | 9,894 | -40,810 | 10,442 | -71,155 | 84,149 | |||||
cash and cash equivalents | ||||||||||||||
cash | -294,461 | 76,217 | 240,557 | -21,351 | 2,198 | 19,223 | 13 | -157 | -2,553 | -1,051 | -339,561 | -107,899 | 296,756 | 154,608 |
overdraft | 0 | 0 | -14,203 | 14,203 | 0 | -3,239 | -5,497 | -1,019 | 9,755 | 0 | 0 | 0 | 0 | 0 |
change in cash | -294,461 | 76,217 | 254,760 | -35,554 | 2,198 | 22,462 | 5,510 | 862 | -12,308 | -1,051 | -339,561 | -107,899 | 296,756 | 154,608 |
P&L
December 2022turnover
9.5m
+34%
operating profit
167.4k
-294%
gross margin
41.7%
+4.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
210.1k
+3.03%
total assets
2m
+0.01%
cash
22.5k
-0.93%
net assets
Total assets minus all liabilities
p & p glass limited company details
company number
02282602
Type
Private limited with Share Capital
industry
43342 - Glazing
incorporation date
August 1988
age
36
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
pwg house, first floor, 85-87 shrivenham hundred busines, swindon, SN6 8TY
last accounts submitted
December 2022
p & p glass 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 4 charges/mortgages relating to p & p glass limited. Currently there are 0 open charges and 4 have been satisfied in the past.
p & p glass limited Companies House Filings - See Documents
date | description | view/download |
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