m. pitchford holdings limited
m. pitchford holdings limited Company Information
Company Number
02371486
Website
-Registered Address
pedmore road industrial estate, pedmore road, brierley hill, west midlands, DY5 1TH
Industry
Manufacture of basic iron and steel and of ferro-alloys
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
martin edward pitchford 62.4%
robert edward pitchford 18.8%
View Allm. pitchford holdings limited Estimated Valuation
Pomanda estimates the enterprise value of M. PITCHFORD HOLDINGS LIMITED at £202k based on a Turnover of £801.7k and 0.25x industry multiple (adjusted for size and gross margin).
m. pitchford holdings limited Estimated Valuation
Pomanda estimates the enterprise value of M. PITCHFORD HOLDINGS LIMITED at £0 based on an EBITDA of £-123.2k and a 2.47x industry multiple (adjusted for size and gross margin).
m. pitchford holdings limited Estimated Valuation
Pomanda estimates the enterprise value of M. PITCHFORD HOLDINGS LIMITED at £3m based on Net Assets of £2.7m and 1.09x industry multiple (adjusted for liquidity).
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M. Pitchford Holdings Limited AI Business Plan
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M. Pitchford Holdings Limited Overview
M. Pitchford Holdings Limited is a live company located in brierley hill, DY5 1TH with a Companies House number of 02371486. It operates in the manufacture of basic iron and steel and of ferro-alloys sector, SIC Code 24100. Founded in April 1989, it's largest shareholder is martin edward pitchford with a 62.4% stake. M. Pitchford Holdings Limited is a mature, small sized company, Pomanda has estimated its turnover at £801.7k with high growth in recent years.
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M. Pitchford Holdings Limited Health Check
Pomanda's financial health check has awarded M. Pitchford Holdings Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £801.7k, make it smaller than the average company (£24.1m)
- M. Pitchford Holdings Limited
£24.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (7.1%)
- M. Pitchford Holdings Limited
7.1% - Industry AVG
Production
with a gross margin of 17.4%, this company has a comparable cost of product (17.4%)
- M. Pitchford Holdings Limited
17.4% - Industry AVG
Profitability
an operating margin of -19.5% make it less profitable than the average company (7.1%)
- M. Pitchford Holdings Limited
7.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (75)
2 - M. Pitchford Holdings Limited
75 - Industry AVG
Pay Structure
on an average salary of £45.3k, the company has an equivalent pay structure (£45.3k)
- M. Pitchford Holdings Limited
£45.3k - Industry AVG
Efficiency
resulting in sales per employee of £400.9k, this is equally as efficient (£400.9k)
- M. Pitchford Holdings Limited
£400.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- M. Pitchford Holdings Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- M. Pitchford Holdings Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- M. Pitchford Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (9 weeks)
2 weeks - M. Pitchford Holdings Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.4%, this is a lower level of debt than the average (51.6%)
37.4% - M. Pitchford Holdings Limited
51.6% - Industry AVG
m. pitchford holdings limited Credit Report and Business Information
M. Pitchford Holdings Limited Competitor Analysis
Perform a competitor analysis for m. pitchford holdings limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
m. pitchford holdings limited Ownership
M. PITCHFORD HOLDINGS LIMITED group structure
M. Pitchford Holdings Limited has 1 subsidiary company.
Ultimate parent company
M. PITCHFORD HOLDINGS LIMITED
02371486
1 subsidiary
m. pitchford holdings limited directors
M. Pitchford Holdings Limited currently has 4 directors. The longest serving directors include Ms Sally Pitchford (May 1991) and Mr Martin Pitchford (May 1991).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Sally Pitchford | 63 years | May 1991 | - | Director | |
| Mr Martin Pitchford | 63 years | May 1991 | - | Director | |
| Mr Robert Pitchford | 38 years | Apr 2024 | - | Director | |
| Mrs Anne Rodgers | 35 years | Apr 2024 | - | Director |
M. PITCHFORD HOLDINGS LIMITED financials
M. Pitchford Holdings Limited's latest turnover from December 2022 is estimated at £801.7 thousand and the company has net assets of £2.7 million. According to their latest financial statements, M. Pitchford Holdings Limited has 2 employees and maintains cash reserves of £64.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,683,788 | 750,382 | 783,733 | 817,085 | 850,436 | 883,788 | 500,485 | 533,837 | 567,188 | 600,540 | 633,892 | 667,243 | 700,595 | 798,090 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 2,617,527 | 2,617,527 | 2,617,527 | 2,617,527 | 2,617,527 | 2,617,527 | 2,617,527 | 2,617,527 | 2,617,527 | 2,617,527 | 2,617,527 | 2,617,527 | 2,617,527 | 2,617,527 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,301,315 | 3,367,909 | 3,401,260 | 3,434,612 | 3,467,963 | 3,501,315 | 3,118,012 | 3,151,364 | 3,184,715 | 3,218,067 | 3,251,419 | 3,284,770 | 3,318,122 | 3,415,617 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,151 | 1,151 |
| Cash | 64,707 | 138,374 | 228,091 | 9,271 | 27,696 | 755 | 48,306 | 68,029 | 63,855 | 104,173 | 237,024 | 198,038 | 143,073 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 64,707 | 138,374 | 228,091 | 9,271 | 27,696 | 755 | 48,306 | 68,029 | 63,855 | 104,173 | 237,024 | 198,038 | 144,224 | 1,151 |
| total assets | 4,366,022 | 3,506,283 | 3,629,351 | 3,443,883 | 3,495,659 | 3,502,070 | 3,166,318 | 3,219,393 | 3,248,570 | 3,322,240 | 3,488,443 | 3,482,808 | 3,462,346 | 3,416,768 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,500,378 | 1,583,812 | 1,710,176 | 1,930,381 | 1,945,958 | 1,963,728 | 1,959,347 |
| Group/Directors Accounts | 1,359,876 | 1,359,876 | 1,359,876 | 1,079,407 | 1,172,560 | 1,229,983 | 1,358,181 | 0 | 0 | 0 | 817 | 85 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 31,076 | 31,038 | 43,880 | 30,943 | 35,194 | 36,826 | 34,838 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,390,952 | 1,390,914 | 1,403,756 | 1,110,350 | 1,207,754 | 1,266,809 | 1,393,019 | 1,500,378 | 1,583,812 | 1,710,176 | 1,931,198 | 1,946,043 | 1,963,728 | 1,959,347 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 |
| provisions | 241,690 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 241,690 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,632,642 | 1,390,914 | 1,403,756 | 1,110,350 | 1,207,754 | 1,266,809 | 1,393,019 | 1,500,378 | 1,583,812 | 1,710,176 | 1,931,198 | 1,946,043 | 1,963,728 | 1,959,347 |
| net assets | 2,733,380 | 2,115,369 | 2,225,595 | 2,333,533 | 2,287,905 | 2,235,261 | 1,773,299 | 1,719,015 | 1,664,758 | 1,612,064 | 1,557,245 | 1,536,765 | 1,498,618 | 1,457,421 |
| total shareholders funds | 2,733,380 | 2,115,369 | 2,225,595 | 2,333,533 | 2,287,905 | 2,235,261 | 1,773,299 | 1,719,015 | 1,664,758 | 1,612,064 | 1,557,245 | 1,536,765 | 1,498,618 | 1,457,421 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 33,352 | 33,351 | 33,352 | 33,351 | 33,352 | 33,351 | 33,352 | 33,351 | 33,352 | 33,352 | 33,351 | 33,352 | 33,352 | 36,267 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,151 | 0 | 1,151 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | -1,500,378 | -83,434 | -126,364 | -220,205 | -15,577 | -17,770 | 4,381 | 1,959,347 |
| Accruals and Deferred Income | 38 | -12,842 | 12,937 | -4,251 | -1,632 | 1,988 | 34,838 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 241,690 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,617,527 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 280,469 | -93,153 | -57,423 | -128,198 | 1,358,181 | 0 | 0 | -817 | 732 | 85 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -73,667 | -89,717 | 218,820 | -18,425 | 26,941 | -47,551 | -19,723 | 4,174 | -40,318 | -132,851 | 38,986 | 54,965 | 143,073 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -73,667 | -89,717 | 218,820 | -18,425 | 26,941 | -47,551 | -19,723 | 4,174 | -40,318 | -132,851 | 38,986 | 54,965 | 143,073 | 0 |
P&L
December 2022turnover
801.7k
+73%
operating profit
-156.6k
0%
gross margin
17.5%
-3.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.7m
+0.29%
total assets
4.4m
+0.25%
cash
64.7k
-0.53%
net assets
Total assets minus all liabilities
Similar Companies
m. pitchford holdings limited company details
company number
02371486
Type
Private limited with Share Capital
industry
24100 - Manufacture of basic iron and steel and of ferro-alloys
incorporation date
April 1989
age
35
accounts
Total Exemption Full
ultimate parent company
previous names
motetown limited (August 1989)
incorporated
UK
address
pedmore road industrial estate, pedmore road, brierley hill, west midlands, DY5 1TH
last accounts submitted
December 2022
m. pitchford holdings 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 m. pitchford holdings limited. Currently there are 0 open charges and 1 have been satisfied in the past.
m. pitchford holdings limited Companies House Filings - See Documents
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