margetts pit limited
margetts pit limited Company Information
Company Number
02479226
Registered Address
4th floor st albans house, 57- 59 haymarket, london, SW1Y 4QX
Industry
Remediation activities and other waste management services.
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
mp holdings 2016 limited 100%
margetts pit limited Estimated Valuation
Pomanda estimates the enterprise value of MARGETTS PIT LIMITED at £10.9k based on a Turnover of £20k and 0.54x industry multiple (adjusted for size and gross margin).
margetts pit limited Estimated Valuation
Pomanda estimates the enterprise value of MARGETTS PIT LIMITED at £80.4k based on an EBITDA of £20k and a 4.02x industry multiple (adjusted for size and gross margin).
margetts pit limited Estimated Valuation
Pomanda estimates the enterprise value of MARGETTS PIT LIMITED at £1.9m based on Net Assets of £819k and 2.34x industry multiple (adjusted for liquidity).
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Margetts Pit Limited Overview
Margetts Pit Limited is a live company located in london, SW1Y 4QX with a Companies House number of 02479226. It operates in the remediation activities and other waste management services sector, SIC Code 39000. Founded in March 1990, it's largest shareholder is mp holdings 2016 limited with a 100% stake. Margetts Pit Limited is a mature, micro sized company, Pomanda has estimated its turnover at £20k with unknown growth in recent years.
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Margetts Pit Limited Health Check
Pomanda's financial health check has awarded Margetts Pit Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £20k, make it smaller than the average company (£13.5m)
£20k - Margetts Pit Limited
£13.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Margetts Pit Limited
- - Industry AVG
Production
with a gross margin of 21.9%, this company has a comparable cost of product (21.9%)
21.9% - Margetts Pit Limited
21.9% - Industry AVG
Profitability
an operating margin of 100% make it more profitable than the average company (5.3%)
100% - Margetts Pit Limited
5.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (54)
- Margetts Pit Limited
54 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Margetts Pit Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £20k, this is less efficient (£205.4k)
- Margetts Pit Limited
£205.4k - Industry AVG
Debtor Days
it gets paid by customers after 127 days, this is later than average (48 days)
127 days - Margetts Pit Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after 93 days, this is slower than average (41 days)
93 days - Margetts Pit Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Margetts Pit Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 236 weeks, this is more cash available to meet short term requirements (14 weeks)
236 weeks - Margetts Pit Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.9%, this is a similar level of debt than the average (63.6%)
58.9% - Margetts Pit Limited
63.6% - Industry AVG
margetts pit limited Credit Report and Business Information
Margetts Pit Limited Competitor Analysis
Perform a competitor analysis for margetts pit limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
margetts pit limited Ownership
MARGETTS PIT LIMITED group structure
Margetts Pit Limited has no subsidiary companies.
margetts pit limited directors
Margetts Pit Limited currently has 4 directors. The longest serving directors include Mr Trevor Heathcote (Apr 2016) and Mr Richard Hall (Dec 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Trevor Heathcote | 58 years | Apr 2016 | - | Director | |
| Mr Richard Hall | England | 55 years | Dec 2018 | - | Director |
| Mr Martin Heathcote | United Kingdom | 29 years | Nov 2020 | - | Director |
| Mr David Farrant | United Kingdom | 54 years | Jul 2021 | - | Director |
MARGETTS PIT LIMITED financials
Margetts Pit Limited's latest turnover from June 2023 is £20 thousand and the company has net assets of £819 thousand. According to their latest financial statements, we estimate that Margetts Pit Limited has 1 employee and maintains cash reserves of £542 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 20,000 | 26,000 | 0 | 0 | 0 | 0 | 0 | 4,516,000 | 39,758,000 | 45,532,000 | 46,586,000 | 41,764,000 | 43,313,000 | 50,114,000 |
| Other Income Or Grants | 0 | |||||||||||||
| Cost Of Sales | 0 | |||||||||||||
| Gross Profit | 0 | |||||||||||||
| Admin Expenses | 0 | |||||||||||||
| Operating Profit | 20,000 | 26,000 | 0 | -5,000 | -5,000 | -5,000 | -28,000 | -28,000 | 2,179,000 | 3,306,000 | 5,710,000 | -5,040,000 | -835,000 | 1,746,000 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 11,000 | 41,000 | 46,000 | 44,000 | 40,000 | 38,000 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 2,000 | 0 | 46,000 | 391,000 | 262,000 | 519,000 | 342,000 | 371,000 | 296,000 |
| Pre-Tax Profit | 20,000 | 26,000 | 0 | 795,000 | -5,000 | -3,000 | -39,000 | -23,000 | -4,455,000 | 3,524,000 | -382,000 | -4,736,000 | -464,000 | 2,042,000 |
| Tax | -3,000 | -3,000 | -34,000 | 0 | 0 | 0 | 0 | 0 | -232,000 | -64,000 | -1,429,000 | -377,000 | 127,000 | -572,000 |
| Profit After Tax | 17,000 | 23,000 | -34,000 | 795,000 | -5,000 | -3,000 | -39,000 | -23,000 | -4,687,000 | 3,460,000 | -1,811,000 | -5,113,000 | -337,000 | 1,470,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 17,000 | 23,000 | -34,000 | 795,000 | -5,000 | -3,000 | -39,000 | -23,000 | -4,687,000 | 3,460,000 | -1,811,000 | -5,113,000 | -337,000 | 1,470,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 175,000 | 1,144,000 | 1,151,000 | 1,210,000 | 1,265,000 | 1,250,000 | 1,315,000 |
| Number Of Employees | ||||||||||||||
| EBITDA* | 20,000 | 26,000 | 0 | -5,000 | -5,000 | -5,000 | -28,000 | -28,000 | 2,179,000 | 3,306,000 | 5,710,000 | -5,040,000 | -835,000 | 1,746,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,692,000 | 3,702,000 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,692,000 | 3,702,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 78,000 | 49,000 | 261,000 | 308,000 | 373,000 | 391,000 |
| Trade Debtors | 7,000 | 13,000 | 0 | 2,189,000 | 0 | 10,000 | 0 | 0 | 206,000 | 246,000 | 235,000 | 3,711,000 | 2,674,000 | 3,004,000 |
| Group Debtors | 1,440,000 | 1,560,000 | 1,640,000 | 0 | 1,800,000 | 1,800,000 | 0 | 0 | 4,368,000 | 11,034,000 | 9,883,000 | 18,827,000 | 17,251,000 | 11,851,000 |
| Misc Debtors | 2,000 | 0 | 1,000 | 0 | 477,000 | 478,000 | 1,094,000 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 542,000 | 487,000 | 483,000 | 63,000 | 41,000 | 199,000 | 1,555,000 | 2,972,000 | 2,822,000 | 2,758,000 | 2,710,000 | 37,000 | 24,000 | 74,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,991,000 | 2,060,000 | 2,124,000 | 2,252,000 | 2,318,000 | 2,487,000 | 2,649,000 | 2,982,000 | 7,474,000 | 14,087,000 | 13,089,000 | 22,883,000 | 20,322,000 | 15,320,000 |
| total assets | 1,991,000 | 2,060,000 | 2,124,000 | 2,252,000 | 2,318,000 | 2,487,000 | 2,649,000 | 2,982,000 | 7,474,000 | 14,087,000 | 13,089,000 | 22,883,000 | 24,014,000 | 19,022,000 |
| 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 | 4,000 | 20,000 | 20,000 | 21,000 | 8,000 | 0 | 0 | 122,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 25,000 | 11,000 | 8,000 | 10,000 | 7,000 | 32,000 | 33,000 | 2,000 | 4,247,000 | 4,385,000 | 3,606,000 | 11,237,000 | 13,775,000 | 8,096,000 |
| total current liabilities | 119,000 | 121,000 | 118,000 | 121,000 | 105,000 | 122,000 | 123,000 | 124,000 | 4,247,000 | 4,385,000 | 3,606,000 | 11,237,000 | 13,775,000 | 8,096,000 |
| 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 | 1,053,000 | 1,137,000 | 1,227,000 | 1,318,000 | 2,195,000 | 2,342,000 | 2,500,000 | 2,793,000 | 3,139,000 | 4,927,000 | 8,168,000 | 8,520,000 | 2,000,000 | 2,350,000 |
| total long term liabilities | 1,053,000 | 1,137,000 | 1,227,000 | 1,318,000 | 2,195,000 | 2,342,000 | 2,500,000 | 2,793,000 | 3,139,000 | 4,927,000 | 8,168,000 | 8,520,000 | 2,000,000 | 2,350,000 |
| total liabilities | 1,172,000 | 1,258,000 | 1,345,000 | 1,439,000 | 2,300,000 | 2,464,000 | 2,623,000 | 2,917,000 | 7,386,000 | 9,312,000 | 11,774,000 | 19,757,000 | 15,775,000 | 10,446,000 |
| net assets | 819,000 | 802,000 | 779,000 | 813,000 | 18,000 | 23,000 | 26,000 | 65,000 | 88,000 | 4,775,000 | 1,315,000 | 3,126,000 | 8,239,000 | 8,576,000 |
| total shareholders funds | 819,000 | 802,000 | 779,000 | 813,000 | 18,000 | 23,000 | 26,000 | 65,000 | 88,000 | 4,775,000 | 1,315,000 | 3,126,000 | 8,239,000 | 8,576,000 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 20,000 | 26,000 | 0 | -5,000 | -5,000 | -5,000 | -28,000 | -28,000 | 2,179,000 | 3,306,000 | 5,710,000 | -5,040,000 | -835,000 | 1,746,000 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -3,000 | -3,000 | -34,000 | 0 | 0 | 0 | 0 | 0 | -232,000 | -64,000 | -1,429,000 | -377,000 | 127,000 | -572,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -78,000 | 29,000 | -212,000 | -47,000 | -65,000 | -18,000 | 391,000 |
| Debtors | -124,000 | -68,000 | -548,000 | -88,000 | 2,277,000 | 1,194,000 | 1,084,000 | -4,564,000 | -6,706,000 | 1,162,000 | -12,420,000 | -1,079,000 | 5,060,000 | 18,557,000 |
| Creditors | -16,000 | 0 | -1,000 | 13,000 | 8,000 | 0 | -122,000 | 122,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 14,000 | 3,000 | -2,000 | 3,000 | 7,000 | -1,000 | 31,000 | -4,245,000 | -138,000 | 779,000 | -7,631,000 | -2,538,000 | 5,679,000 | 8,096,000 |
| Deferred Taxes & Provisions | -84,000 | -90,000 | -91,000 | -877,000 | 2,195,000 | -158,000 | -293,000 | -346,000 | -1,788,000 | -3,241,000 | -352,000 | 6,520,000 | -350,000 | 2,350,000 |
| Cash flow from operations | 55,000 | 4,000 | 420,000 | -778,000 | -72,000 | -1,358,000 | -1,496,000 | 145,000 | 6,698,000 | -170,000 | 8,765,000 | -291,000 | -421,000 | -7,328,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | |||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 90,000 | 0 | 90,000 | 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 | 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 | 0 | 0 | 0 | 0 | 0 | 2,000 | -11,000 | 5,000 | 345,000 | 218,000 | 479,000 | 304,000 | 371,000 | 296,000 |
| cash flow from financing | 0 | 0 | 0 | 0 | 113,000 | 2,000 | 79,000 | 5,000 | 345,000 | 218,000 | 479,000 | 304,000 | 371,000 | 7,402,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 55,000 | 4,000 | 420,000 | 22,000 | 41,000 | -1,356,000 | -1,417,000 | 150,000 | 64,000 | 48,000 | 2,673,000 | 13,000 | -50,000 | 74,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 55,000 | 4,000 | 420,000 | 22,000 | 41,000 | -1,356,000 | -1,417,000 | 150,000 | 64,000 | 48,000 | 2,673,000 | 13,000 | -50,000 | 74,000 |
P&L
June 2023turnover
20k
-23%
operating profit
20k
-23%
gross margin
22%
-3.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
819k
+0.02%
total assets
2m
-0.03%
cash
542k
+0.11%
net assets
Total assets minus all liabilities
Similar Companies
margetts pit limited company details
company number
02479226
Type
Private limited with Share Capital
industry
39000 - Remediation activities and other waste management services.
incorporation date
March 1990
age
34
accounts
Total Exemption Full
ultimate parent company
previous names
aylesford newsprint services limited (May 2016)
aylesford newsprint limited (June 1995)
See moreincorporated
UK
address
4th floor st albans house, 57- 59 haymarket, london, SW1Y 4QX
last accounts submitted
June 2023
margetts pit 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 did not find charges/mortgages relating to margetts pit limited.
margetts pit limited Companies House Filings - See Documents
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