pendergate limited
pendergate limited Company Information
Company Number
02289025
Registered Address
pendergate house, 122 great north road, hatfield, hertfordshire, AL9 5JN
Industry
Combined facilities support activities
Telephone
01707256666
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
richard david carter 75.2%
simon anthony wrenn 24.8%
pendergate limited Estimated Valuation
Pomanda estimates the enterprise value of PENDERGATE LIMITED at £12.6m based on a Turnover of £23.6m and 0.53x industry multiple (adjusted for size and gross margin).
pendergate limited Estimated Valuation
Pomanda estimates the enterprise value of PENDERGATE LIMITED at £9.6m based on an EBITDA of £1.8m and a 5.33x industry multiple (adjusted for size and gross margin).
pendergate limited Estimated Valuation
Pomanda estimates the enterprise value of PENDERGATE LIMITED at £1.7m based on Net Assets of £1.8m and 0.9x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Pendergate Limited Overview
Pendergate Limited is a live company located in hatfield, AL9 5JN with a Companies House number of 02289025. It operates in the combined facilities support activities sector, SIC Code 81100. Founded in August 1988, it's largest shareholder is richard david carter with a 75.2% stake. Pendergate Limited is a mature, large sized company, Pomanda has estimated its turnover at £23.6m with high growth in recent years.
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Pendergate Limited Health Check
Pomanda's financial health check has awarded Pendergate Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
2 Weak
Size
annual sales of £23.6m, make it larger than the average company (£9.2m)
£23.6m - Pendergate Limited
£9.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (5%)
25% - Pendergate Limited
5% - Industry AVG
Production
with a gross margin of 20%, this company has a comparable cost of product (19.6%)
20% - Pendergate Limited
19.6% - Industry AVG
Profitability
an operating margin of 6.4% make it more profitable than the average company (3.8%)
6.4% - Pendergate Limited
3.8% - Industry AVG
Employees
with 2031 employees, this is above the industry average (180)
2031 - Pendergate Limited
180 - Industry AVG
Pay Structure
on an average salary of £9.4k, the company has a lower pay structure (£31.1k)
£9.4k - Pendergate Limited
£31.1k - Industry AVG
Efficiency
resulting in sales per employee of £11.6k, this is less efficient (£86.4k)
£11.6k - Pendergate Limited
£86.4k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is near the average (40 days)
39 days - Pendergate Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (21 days)
10 days - Pendergate Limited
21 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (3 days)
0 days - Pendergate Limited
3 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is average cash available to meet short term requirements (23 weeks)
22 weeks - Pendergate Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.2%, this is a similar level of debt than the average (73.6%)
74.2% - Pendergate Limited
73.6% - Industry AVG
PENDERGATE LIMITED financials
Pendergate Limited's latest turnover from April 2023 is £23.6 million and the company has net assets of £1.8 million. According to their latest financial statements, Pendergate Limited has 2,031 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 23,582,391 | 18,435,977 | 15,176,818 | 12,058,034 | 5,668,309 | 5,723,010 | ||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 18,871,646 | 14,339,669 | 11,998,455 | 9,758,868 | 4,394,168 | 4,503,833 | ||||||||
| Gross Profit | 4,710,745 | 4,096,308 | 3,178,363 | 2,299,166 | 1,274,141 | 1,219,177 | ||||||||
| Admin Expenses | 3,203,593 | 2,042,645 | 1,056,209 | 1,072,257 | 1,133,304 | 1,240,837 | ||||||||
| Operating Profit | 1,507,152 | 2,053,663 | 2,122,154 | 1,226,909 | 140,837 | -21,660 | ||||||||
| Interest Payable | 85,070 | 90,698 | 85,483 | 3,717 | 13,860 | 7,645 | ||||||||
| Interest Receivable | 11,793 | 512 | 4,097 | 6,099 | 378 | 864 | ||||||||
| Pre-Tax Profit | 1,433,501 | 1,917,984 | 2,036,055 | 1,226,728 | 126,598 | -27,299 | ||||||||
| Tax | -314,825 | -385,709 | -2,252,811 | -245,588 | -27,098 | -22,313 | ||||||||
| Profit After Tax | 1,118,676 | 1,532,275 | -216,756 | 981,140 | 99,500 | -49,612 | ||||||||
| Dividends Paid | 1,263,628 | 1,029,208 | 826,802 | 416,523 | 0 | 0 | ||||||||
| Retained Profit | -144,952 | 503,067 | -1,043,558 | 564,617 | 99,500 | -49,612 | ||||||||
| Employee Costs | 19,062,433 | 14,507,727 | 12,082,371 | 9,803,466 | 4,239,835 | 4,343,793 | ||||||||
| Number Of Employees | 2,031 | 1,546 | 1,328 | 1,176 | 905 | 733 | 750 | 725 | ||||||
| EBITDA* | 1,803,733 | 2,225,732 | 2,278,520 | 1,378,857 | 184,048 | 34,926 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,019,715 | 893,964 | 828,280 | 656,811 | 624,876 | 570,414 | 522,273 | 511,000 | 495,571 | 375,592 | 407,022 | 449,662 | 905,610 | 899,425 |
| Intangible Assets | 485,444 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 3,623 | 3,997 | 49,490 | 47,838 | 50,401 | 52,421 | 50,556 | 176,575 | 488,958 | 611,779 | 2,267 | 4,482 | 5,359 | 6,116 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,508,782 | 897,961 | 877,770 | 704,649 | 675,277 | 622,835 | 572,829 | 687,575 | 984,529 | 987,371 | 409,289 | 454,144 | 910,969 | 905,541 |
| Stock & work in progress | 9,405 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,550,290 | 2,410,712 | 1,799,678 | 1,473,732 | 1,205,444 | 1,197,511 | 977,307 | 708,270 | 893,316 | 784,663 | 696,604 | 841,361 | 584,115 | 714,825 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,236,385 | 1,036,097 | 876,758 | 723,466 | 402,832 | 315,497 | 261,180 | 497,879 | 0 | 0 | 0 | 110,376 | 53,577 | 174,604 |
| Cash | 1,803,273 | 2,725,571 | 2,698,153 | 1,337,675 | 764,808 | 364,491 | 546,727 | 518,959 | 727,700 | 295,833 | 943,322 | 375,651 | 403,867 | 125,526 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,599,353 | 6,172,380 | 5,374,589 | 3,534,873 | 2,373,084 | 1,877,499 | 1,785,214 | 1,725,108 | 1,621,016 | 1,080,496 | 1,639,926 | 1,327,388 | 1,041,559 | 1,014,955 |
| total assets | 7,108,135 | 7,070,341 | 6,252,359 | 4,239,522 | 3,048,361 | 2,500,334 | 2,358,043 | 2,412,683 | 2,605,545 | 2,067,867 | 2,049,215 | 1,781,532 | 1,952,528 | 1,920,496 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 39,120 | 46,800 | 0 | 0 | 0 | 0 | 52,021 | 40,497 |
| Bank loan | 293,333 | 283,333 | 212,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 519,652 | 315,853 | 341,868 | 273,170 | 264,801 | 222,216 | 145,775 | 163,528 | 1,047,944 | 598,530 | 725,160 | 717,289 | 129,510 | 130,459 |
| Group/Directors Accounts | 0 | 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 | 36,749 | 47,798 | 55,367 | 51,771 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19,807 | 15,241 |
| other current liabilities | 3,261,673 | 2,789,554 | 2,024,096 | 1,545,545 | 978,692 | 692,405 | 593,661 | 597,432 | 0 | 0 | 0 | 0 | 471,015 | 598,315 |
| total current liabilities | 4,111,407 | 3,436,538 | 2,633,831 | 1,870,486 | 1,243,493 | 914,621 | 778,556 | 807,760 | 1,047,944 | 598,530 | 725,160 | 717,289 | 672,353 | 784,512 |
| loans | 116,061 | 377,778 | 637,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 293,358 | 301,811 |
| hp & lease commitments | 23,118 | 41,360 | 44,344 | 62,593 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50,415 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 1,019,564 | 1,211,579 | 1,431,579 | 0 | 70,272 | 37,857 | 17,778 | 45,334 | 49,409 | 925 | 12,024 | 21,588 | 0 | 0 |
| provisions | 1,045 | 4,449 | 9,535 | 21,554 | 14,337 | 11,356 | 0 | 0 | 0 | 0 | 0 | 162 | 2,729 | 0 |
| total long term liabilities | 1,159,788 | 1,635,166 | 2,122,958 | 84,147 | 84,609 | 49,213 | 17,778 | 45,334 | 49,409 | 925 | 12,024 | 21,750 | 346,502 | 301,811 |
| total liabilities | 5,271,195 | 5,071,704 | 4,756,789 | 1,954,633 | 1,328,102 | 963,834 | 796,334 | 853,094 | 1,097,353 | 599,455 | 737,184 | 739,039 | 1,018,855 | 1,086,323 |
| net assets | 1,836,940 | 1,998,637 | 1,495,570 | 2,284,889 | 1,720,259 | 1,536,500 | 1,561,709 | 1,559,589 | 1,508,192 | 1,468,412 | 1,312,031 | 1,042,493 | 933,673 | 834,173 |
| total shareholders funds | 1,836,940 | 1,998,637 | 1,495,570 | 2,284,889 | 1,720,259 | 1,536,500 | 1,561,709 | 1,559,589 | 1,508,192 | 1,468,412 | 1,312,031 | 1,042,493 | 933,673 | 834,173 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,507,152 | 2,053,663 | 2,122,154 | 1,226,909 | 140,837 | -21,660 | ||||||||
| Depreciation | 242,781 | 172,069 | 156,366 | 151,948 | 144,588 | 108,874 | 9,557 | 68,161 | 59,317 | 47,884 | 56,758 | 48,276 | 43,211 | 56,586 |
| Amortisation | 53,800 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -314,825 | -385,709 | -2,252,811 | -245,588 | -27,098 | -22,313 | ||||||||
| Stock | 9,405 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 339,866 | 770,373 | 479,238 | 588,922 | 95,268 | 274,521 | 32,338 | 312,833 | 108,653 | 88,059 | -255,133 | 314,045 | -251,737 | 889,429 |
| Creditors | 203,799 | -26,015 | 68,698 | 8,369 | 42,585 | 76,441 | -17,753 | -884,416 | 449,414 | -126,630 | 7,871 | 587,779 | -949 | 130,459 |
| Accruals and Deferred Income | 472,119 | 765,458 | 478,551 | 566,853 | 286,287 | 98,744 | -3,771 | 597,432 | 0 | 0 | 0 | -471,015 | -127,300 | 598,315 |
| Deferred Taxes & Provisions | -3,404 | -5,086 | -12,019 | 7,217 | 2,981 | 11,356 | 0 | 0 | 0 | 0 | -162 | -2,567 | 2,729 | 0 |
| Cash flow from operations | 1,812,151 | 1,804,007 | 81,701 | 1,126,786 | 283,167 | -148,042 | ||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | ||||||||||
| Change in Investments | -374 | -45,493 | 1,652 | -2,563 | -2,020 | 1,865 | -126,019 | -312,383 | -122,821 | 609,512 | -2,215 | -877 | -757 | 6,116 |
| cash flow from investments | 374 | 45,493 | -1,652 | 2,563 | ||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 10,000 | 70,833 | 212,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 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 | -261,717 | -259,722 | 637,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -293,358 | -8,453 | 301,811 |
| Hire Purchase and Lease Commitments | -29,291 | -10,553 | -14,653 | 114,364 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -70,222 | 54,981 | 15,241 |
| other long term liabilities | -192,015 | -220,000 | 1,431,579 | -70,272 | 32,415 | 20,079 | -27,556 | -4,075 | 48,484 | -11,099 | -9,564 | 21,588 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -73,277 | -90,186 | -81,386 | 2,382 | -13,482 | -6,781 | ||||||||
| cash flow from financing | -563,045 | -509,628 | 2,439,779 | 46,487 | 33,046 | 1,194,056 | ||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -922,298 | 27,418 | 1,360,478 | 572,867 | 400,317 | -182,236 | 27,768 | -208,741 | 431,867 | -647,489 | 567,671 | -28,216 | 278,341 | 125,526 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -39,120 | -7,680 | 46,800 | 0 | 0 | 0 | -52,021 | 11,524 | 40,497 |
| change in cash | -922,298 | 27,418 | 1,360,478 | 572,867 | 400,317 | -143,116 | 35,448 | -255,541 | 431,867 | -647,489 | 567,671 | 23,805 | 266,817 | 85,029 |
pendergate limited Credit Report and Business Information
Pendergate Limited Competitor Analysis
Perform a competitor analysis for pendergate limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in AL9 area or any other competitors across 12 key performance metrics.
pendergate limited Ownership
PENDERGATE LIMITED group structure
Pendergate Limited has 1 subsidiary company.
Ultimate parent company
PENDERGATE LIMITED
02289025
1 subsidiary
pendergate limited directors
Pendergate Limited currently has 2 directors. The longest serving directors include Mr Richard Carter (Jan 1991) and Mr Simon Wrenn (Nov 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Carter | United Kingdom | 62 years | Jan 1991 | - | Director |
| Mr Simon Wrenn | 48 years | Nov 2013 | - | Director |
P&L
April 2023turnover
23.6m
+28%
operating profit
1.5m
-27%
gross margin
20%
-10.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
1.8m
-0.08%
total assets
7.1m
+0.01%
cash
1.8m
-0.34%
net assets
Total assets minus all liabilities
Similar Companies
pendergate limited company details
company number
02289025
Type
Private limited with Share Capital
industry
81100 - Combined facilities support activities
incorporation date
August 1988
age
36
incorporated
UK
accounts
Group
ultimate parent company
previous names
N/A
last accounts submitted
April 2023
address
pendergate house, 122 great north road, hatfield, hertfordshire, AL9 5JN
accountant
-
auditor
LEADERMANS
pendergate 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 10 charges/mortgages relating to pendergate limited. Currently there are 2 open charges and 8 have been satisfied in the past.
pendergate limited Companies House Filings - See Documents
| date | description | view/download |
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