Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
8 brantwood road, salford, M7 4FL
Website
-
plusreach limitedEstimated Valuation
£209.8m
Pomanda estimates the enterprise value of PLUSREACH LIMITED at £209.8m based on a Turnover of £33.8m and 6.21x industry multiple (adjusted for size and gross margin).
plusreach limitedEstimated Valuation
£4.1m
Pomanda estimates the enterprise value of PLUSREACH LIMITED at £4.1m based on an EBITDA of £336.8k and a 12.14x industry multiple (adjusted for size and gross margin).
plusreach limitedEstimated Valuation
£6.2m
Pomanda estimates the enterprise value of PLUSREACH LIMITED at £6.2m based on Net Assets of £3.5m and 1.75x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Plusreach LimitedOverview
Plusreach Limited is a live company located in salford, M7 4FL with a Companies House number of 02314584. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 1988, it's largest shareholder is
moishe berger
with a 50% stake. Plusreach Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£33.8m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Plusreach Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
3 Regular
4 Weak
Size
annual sales of £33.8m, make it larger than the average company (£918.1k)
£33.8m - Plusreach Limited
£918.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 371%, show it is growing at a faster rate (4.9%)
371% - Plusreach Limited
4.9% - Industry AVG
Production
with a gross margin of 75.5%, this company has a comparable cost of product (75.5%)
75.5% - Plusreach Limited
75.5% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (29.4%)
1% - Plusreach Limited
29.4% - Industry AVG
Employees
with 7 employees, this is above the industry average (4)
7 - Plusreach Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)
£32.3k - Plusreach Limited
£32.3k - Industry AVG
Efficiency
resulting in sales per employee of £4.8m, this is more efficient (£177.7k)
£4.8m - Plusreach Limited
£177.7k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is later than average (30 days)
59 days - Plusreach Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (38 days)
0 days - Plusreach Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Plusreach Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 5 weeks, this is less cash available to meet short term requirements (11 weeks)
5 weeks - Plusreach Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.2%, this is a similar level of debt than the average (64.5%)
61.2% - Plusreach Limited
64.5% - Industry AVG
PLUSREACH LIMITED financials
EXPORT
Plusreach Limited's latest turnover from March 2024 is estimated at £33.8 million and the company has net assets of £3.5 million. According to their latest financial statements, Plusreach Limited has 7 employees and maintains cash reserves of £140.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
33,782,259
19,771,497
560,797
324,096
581,252
208,203
729,408
824,868
330,849
17,015,016
15,747,211
14,696,961
13,981,474
13,539,492
14,920,682
Other Income Or Grants
Cost Of Sales
8,281,254
4,967,213
139,971
80,816
151,003
55,779
183,237
209,432
94,393
5,765,574
5,167,335
4,523,380
4,289,810
4,339,393
4,640,193
Gross Profit
25,501,005
14,804,284
420,826
243,280
430,249
152,423
546,171
615,436
236,455
11,249,442
10,579,876
10,173,581
9,691,664
9,200,099
10,280,489
Admin Expenses
25,164,218
14,584,609
190,868
-21,323
237,739
-30,141
368,930
377,843
-1,982,846
11,049,893
10,363,255
9,960,298
9,417,218
8,983,929
9,152,517
Operating Profit
336,787
219,675
229,958
264,603
192,510
182,564
177,241
237,593
2,219,301
199,549
216,621
213,283
274,446
216,170
1,127,972
Interest Payable
342,644
205,524
140,208
128,506
111,260
106,887
105,139
102,739
89,786
71,999
74,473
77,548
80,022
82,339
41,772
Interest Receivable
8,397
7,133
1,753
235
103
438
477
324
539
467
396
274
306
319
162
Pre-Tax Profit
2,540
21,284
91,502
136,332
81,353
76,115
72,579
135,179
2,130,054
128,016
142,544
136,009
194,730
134,150
1,086,361
Tax
-635
-4,044
-17,385
-25,903
-15,457
-14,462
-13,790
-27,036
-426,011
-26,883
-32,785
-32,642
-50,630
-37,562
-304,181
Profit After Tax
1,905
17,240
74,117
110,429
65,896
61,653
58,789
108,143
1,704,043
101,133
109,759
103,367
144,100
96,588
782,180
Dividends Paid
Retained Profit
1,905
17,240
74,117
110,429
65,896
61,653
58,789
108,143
1,704,043
101,133
109,759
103,367
144,100
96,588
782,180
Employee Costs
226,292
182,226
207,120
134,293
136,966
54,056
78,277
76,717
78,763
2,865,436
2,502,190
2,349,893
2,322,788
2,193,333
2,584,926
Number Of Employees
7
6
7
5
5
2
3
3
3
110
101
98
97
94
104
EBITDA*
336,787
219,675
229,958
264,603
192,510
182,564
177,241
237,593
2,219,301
199,549
218,621
214,770
274,446
216,170
1,127,972
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
3,359,741
3,352,441
3,352,441
3,352,441
3,350,106
3,346,834
3,340,000
3,340,000
3,340,000
3,340,000
1,483,541
1,562,645
1,562,645
1,562,645
1,562,645
Intangible Assets
Investments & Other
76,015
64,110
64,110
58,496
41,222
41,222
41,222
19,761
19,761
454
3,000
5,000
6,487
6,487
6,487
Debtors (Due After 1 year)
Total Fixed Assets
3,435,756
3,416,551
3,416,551
3,410,937
3,391,328
3,388,056
3,381,222
3,359,761
3,359,761
3,340,454
1,486,541
1,567,645
1,569,132
1,569,132
1,569,132
Stock & work in progress
Trade Debtors
5,539,871
3,342,290
52,702
26,805
64,819
20,668
98,582
101,087
30,278
1,626,253
1,595,657
1,559,990
1,482,648
1,399,890
1,521,147
Group Debtors
Misc Debtors
3,233,909
3,002,901
2,975,134
2,516,176
2,440,343
2,117,679
2,068,849
Cash
140,248
179,642
156,035
311,354
157,927
48,285
68,424
122,478
137,043
78,555
108,052
50,358
59,254
63,020
64,684
misc current assets
total current assets
5,680,119
3,521,932
3,442,646
3,341,060
3,197,880
2,585,129
2,607,349
2,341,244
2,236,170
1,704,808
1,703,709
1,610,348
1,541,902
1,462,910
1,585,831
total assets
9,115,875
6,938,483
6,859,197
6,751,997
6,589,208
5,973,185
5,988,571
5,701,005
5,595,931
5,045,262
3,190,250
3,177,993
3,111,034
3,032,042
3,154,963
Bank overdraft
96,301
102,836
106,241
110,000
60,000
70,000
70,000
65,000
65,000
Bank loan
Trade Creditors
20,684
20,684
684
684
683
684
684
318
3,451
775,592
799,033
843,832
838,326
869,213
1,051,643
Group/Directors Accounts
47,473
4,850
2,272
other short term finances
hp & lease commitments
other current liabilities
1,258,965
1,226,300
1,122,657
959,614
937,628
932,033
950,221
714,903
629,856
total current liabilities
1,375,950
1,349,820
1,229,582
1,117,771
1,003,161
1,004,989
1,020,905
780,221
698,307
775,592
799,033
843,832
838,326
869,213
1,051,643
loans
4,020,834
1,871,477
1,929,669
2,008,397
2,034,905
1,482,950
1,544,073
1,555,980
1,601,657
1,095,987
1,119,381
1,172,084
1,213,998
1,248,219
1,285,298
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
179,649
179,649
179,649
179,649
179,649
179,649
179,649
179,649
218,955
total long term liabilities
4,200,483
2,051,126
2,109,318
2,188,046
2,214,554
1,662,599
1,723,722
1,735,629
1,820,612
1,095,987
1,119,381
1,172,084
1,213,998
1,248,219
1,285,298
total liabilities
5,576,433
3,400,946
3,338,900
3,305,817
3,217,715
2,667,588
2,744,627
2,515,850
2,518,919
1,871,579
1,918,414
2,015,916
2,052,324
2,117,432
2,336,941
net assets
3,539,442
3,537,537
3,520,297
3,446,180
3,371,493
3,305,597
3,243,944
3,185,155
3,077,012
3,173,683
1,271,836
1,162,077
1,058,710
914,610
818,022
total shareholders funds
3,539,442
3,537,537
3,520,297
3,446,180
3,371,493
3,305,597
3,243,944
3,185,155
3,077,012
3,173,683
1,271,836
1,162,077
1,058,710
914,610
818,022
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
336,787
219,675
229,958
264,603
192,510
182,564
177,241
237,593
2,219,301
199,549
216,621
213,283
274,446
216,170
1,127,972
Depreciation
2,000
1,487
Amortisation
Tax
-635
-4,044
-17,385
-25,903
-15,457
-14,462
-13,790
-27,036
-426,011
-26,883
-32,785
-32,642
-50,630
-37,562
-304,181
Stock
Debtors
2,197,581
55,679
256,905
-10,247
503,109
-2,081
320,159
119,639
472,874
30,596
35,667
77,342
82,758
-121,257
1,521,147
Creditors
20,000
1
-1
366
-3,133
-772,141
-23,441
-44,799
5,506
-30,887
-182,430
1,051,643
Accruals and Deferred Income
32,665
103,643
163,043
21,986
5,595
-18,188
235,318
85,047
629,856
Deferred Taxes & Provisions
-39,306
218,955
Cash flow from operations
-1,828,764
283,595
118,711
270,934
-320,462
151,995
78,976
133,526
1,397,086
118,629
105,370
110,292
110,171
117,435
354,287
Investing Activities
capital expenditure
-7,300
-2,335
-3,272
-6,834
-1,856,459
77,104
-1,487
-1,562,645
Change in Investments
11,905
5,614
17,274
21,461
19,307
-2,546
-2,000
-1,487
6,487
cash flow from investments
-19,205
-5,614
-19,609
-3,272
-6,834
-21,461
-19,307
-1,853,913
79,104
-1,569,132
Financing Activities
Bank loans
Group/Directors Accounts
-47,473
42,623
2,578
2,272
Other Short Term Loans
Long term loans
2,149,357
-58,192
-78,728
-26,508
551,955
-61,123
-11,907
-45,677
505,670
-23,394
-52,703
-41,914
-34,221
-37,079
1,285,298
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-35,742
-1,800,714
1,800,714
35,842
interest
-334,247
-198,391
-138,455
-128,271
-111,157
-106,449
-104,662
-102,415
-89,247
-71,532
-74,077
-77,274
-79,716
-82,020
-41,610
cash flow from financing
1,815,110
-256,583
-264,656
-147,898
443,376
-165,300
-116,569
-148,092
-1,384,291
1,705,788
-126,780
-119,188
-113,937
-119,099
1,279,530
cash and cash equivalents
cash
-39,394
23,607
-155,319
153,427
109,642
-20,139
-54,054
-14,565
58,488
-29,497
57,694
-8,896
-3,766
-1,664
64,684
overdraft
-6,535
-3,405
-3,759
50,000
-10,000
5,000
65,000
change in cash
-32,859
27,012
-151,560
103,427
119,642
-20,139
-59,054
-14,565
-6,512
-29,497
57,694
-8,896
-3,766
-1,664
64,684
plusreach 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 plusreach limited. Get real-time insights into plusreach limited's credit score, group structure and payment trends.
Perform a competitor analysis for plusreach limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other large companies, companies in M 7 area or any other competitors across 12 key performance metrics.
plusreach limited Ownership
PLUSREACH LIMITED group structure
Plusreach Limited has no subsidiary companies.
Ultimate parent company
PLUSREACH LIMITED
02314584
PLUSREACH LIMITED Shareholders
The largest shareholders in Plusreach Limited include Moishe Berger and Pessy Berger.
moishe berger
50%
pessy berger
50%
plusreach limited directors
Plusreach Limited currently has 2 directors.
The longest serving directors include
Mr Moishe Berger (Nov 1992) and
Mrs Pesel Berger (Jul 2023).
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
November 1988
age
37
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
8 brantwood road, salford, M7 4FL
Bank
-
Legal Advisor
-
plusreach 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 44 charges/mortgages relating to plusreach limited. Currently there are 9 open charges and 35 have been satisfied in the past.
plusreach 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 PLUSREACH LIMITED. This can take several minutes, an email will notify you when this has completed.
plusreach limitedCompanies House Filings - See Documents
