margetts pit limited

3.5

margetts pit limited Company Information

Share MARGETTS PIT LIMITED
Live 
MatureMicro

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

Directors

Trevor Heathcote8 Years

Richard Hall5 Years

View All

Shareholders

mp holdings 2016 limited 100%

margetts pit limited Estimated Valuation

£10.1k

Pomanda estimates the enterprise value of MARGETTS PIT LIMITED at £10.1k based on a Turnover of £20k and 0.5x industry multiple (adjusted for size and gross margin).

margetts pit limited Estimated Valuation

£76k

Pomanda estimates the enterprise value of MARGETTS PIT LIMITED at £76k based on an EBITDA of £20k and a 3.8x industry multiple (adjusted for size and gross margin).

margetts pit limited Estimated Valuation

£2m

Pomanda estimates the enterprise value of MARGETTS PIT LIMITED at £2m based on Net Assets of £819k and 2.47x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

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.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

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

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £20k, make it smaller than the average company (£13.3m)

£20k - Margetts Pit Limited

£13.3m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Margetts Pit Limited

- - Industry AVG

production

Production

with a gross margin of 22.4%, this company has a comparable cost of product (22.4%)

22.4% - Margetts Pit Limited

22.4% - Industry AVG

profitability

Profitability

an operating margin of 100% make it more profitable than the average company (5.5%)

100% - Margetts Pit Limited

5.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (53)

1 - Margetts Pit Limited

53 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Margetts Pit Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £20k, this is less efficient (£209.1k)

£20k - Margetts Pit Limited

£209.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 127 days, this is later than average (49 days)

127 days - Margetts Pit Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 94 days, this is slower than average (42 days)

94 days - Margetts Pit Limited

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Margetts Pit Limited

- - Industry AVG

cashbalance

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

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 58.9%, this is a similar level of debt than the average (64.5%)

58.9% - Margetts Pit Limited

64.5% - Industry AVG

MARGETTS PIT LIMITED financials

EXPORTms excel logo

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 HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover20,00026,000000004,516,00039,758,00045,532,00046,586,00041,764,00043,313,00050,114,000
Other Income Or Grants00000000000000
Cost Of Sales15,53020,012000003,376,86530,093,32334,179,55534,543,48631,101,74729,835,2710
Gross Profit4,4705,988000001,139,1359,664,67711,352,44512,042,51410,662,25313,477,7290
Admin Expenses-15,530-20,01205,0005,0005,00028,0001,167,1357,485,6778,046,4456,332,51415,702,25314,312,729-1,746,000
Operating Profit20,00026,0000-5,000-5,000-5,000-28,000-28,0002,179,0003,306,0005,710,000-5,040,000-835,0001,746,000
Interest Payable00000011,00041,00046,00044,00040,00038,00000
Interest Receivable000002,000046,000391,000262,000519,000342,000371,000296,000
Pre-Tax Profit20,00026,0000795,000-5,000-3,000-39,000-23,000-4,455,0003,524,000-382,000-4,736,000-464,0002,042,000
Tax-3,000-3,000-34,00000000-232,000-64,000-1,429,000-377,000127,000-572,000
Profit After Tax17,00023,000-34,000795,000-5,000-3,000-39,000-23,000-4,687,0003,460,000-1,811,000-5,113,000-337,0001,470,000
Dividends Paid00000000000000
Retained Profit17,00023,000-34,000795,000-5,000-3,000-39,000-23,000-4,687,0003,460,000-1,811,000-5,113,000-337,0001,470,000
Employee Costs0000000175,0001,144,0001,151,0001,210,0001,265,0001,250,0001,315,000
Number Of Employees1111111221972002382252500
EBITDA*20,00026,0000-5,000-5,000-5,000-28,000-28,0002,179,0003,306,0005,710,000-5,040,000-835,0001,746,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets00000000000000
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)0000000000003,692,0003,702,000
Total Fixed Assets0000000000003,692,0003,702,000
Stock & work in progress0000000078,00049,000261,000308,000373,000391,000
Trade Debtors7,00013,00002,189,000010,00000206,000246,000235,0003,711,0002,674,0003,004,000
Group Debtors1,440,0001,560,0001,640,00001,800,0001,800,000004,368,00011,034,0009,883,00018,827,00017,251,00011,851,000
Misc Debtors2,00001,0000477,000478,0001,094,00010,000000000
Cash542,000487,000483,00063,00041,000199,0001,555,0002,972,0002,822,0002,758,0002,710,00037,00024,00074,000
misc current assets00000000000000
total current assets1,991,0002,060,0002,124,0002,252,0002,318,0002,487,0002,649,0002,982,0007,474,00014,087,00013,089,00022,883,00020,322,00015,320,000
total assets1,991,0002,060,0002,124,0002,252,0002,318,0002,487,0002,649,0002,982,0007,474,00014,087,00013,089,00022,883,00024,014,00019,022,000
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 4,00020,00020,00021,0008,00000122,000000000
Group/Directors Accounts90,00090,00090,00090,00090,00090,00090,0000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities25,00011,0008,00010,0007,00032,00033,0002,0004,247,0004,385,0003,606,00011,237,00013,775,0008,096,000
total current liabilities119,000121,000118,000121,000105,000122,000123,000124,0004,247,0004,385,0003,606,00011,237,00013,775,0008,096,000
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions1,053,0001,137,0001,227,0001,318,0002,195,0002,342,0002,500,0002,793,0003,139,0004,927,0008,168,0008,520,0002,000,0002,350,000
total long term liabilities1,053,0001,137,0001,227,0001,318,0002,195,0002,342,0002,500,0002,793,0003,139,0004,927,0008,168,0008,520,0002,000,0002,350,000
total liabilities1,172,0001,258,0001,345,0001,439,0002,300,0002,464,0002,623,0002,917,0007,386,0009,312,00011,774,00019,757,00015,775,00010,446,000
net assets819,000802,000779,000813,00018,00023,00026,00065,00088,0004,775,0001,315,0003,126,0008,239,0008,576,000
total shareholders funds819,000802,000779,000813,00018,00023,00026,00065,00088,0004,775,0001,315,0003,126,0008,239,0008,576,000
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit20,00026,0000-5,000-5,000-5,000-28,000-28,0002,179,0003,306,0005,710,000-5,040,000-835,0001,746,000
Depreciation00000000000000
Amortisation00000000000000
Tax-3,000-3,000-34,00000000-232,000-64,000-1,429,000-377,000127,000-572,000
Stock0000000-78,00029,000-212,000-47,000-65,000-18,000391,000
Debtors-124,000-68,000-548,000-88,0002,277,0001,194,0001,084,000-4,564,000-6,706,0001,162,000-12,420,000-1,079,0005,060,00018,557,000
Creditors-16,0000-1,00013,0008,0000-122,000122,000000000
Accruals and Deferred Income14,0003,000-2,0003,0007,000-1,00031,000-4,245,000-138,000779,000-7,631,000-2,538,0005,679,0008,096,000
Deferred Taxes & Provisions-84,000-90,000-91,000-877,0002,195,000-158,000-293,000-346,000-1,788,000-3,241,000-352,0006,520,000-350,0002,350,000
Cash flow from operations55,0004,000420,000-778,000-72,000-1,358,000-1,496,000145,0006,698,000-170,0008,765,000-291,000-421,000-7,328,000
Investing Activities
capital expenditure00000000000000
Change in Investments00000000000000
cash flow from investments00000000000000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts000090,000090,0000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue000023,000000000007,106,000
interest000002,000-11,0005,000345,000218,000479,000304,000371,000296,000
cash flow from financing0000113,0002,00079,0005,000345,000218,000479,000304,000371,0007,402,000
cash and cash equivalents
cash55,0004,000420,00022,00041,000-1,356,000-1,417,000150,00064,00048,0002,673,00013,000-50,00074,000
overdraft00000000000000
change in cash55,0004,000420,00022,00041,000-1,356,000-1,417,000150,00064,00048,0002,673,00013,000-50,00074,000

margetts pit 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 margetts pit limited. Get real-time insights into margetts pit limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Margetts Pit Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for margetts pit limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other micro companies, companies in SW1Y area or any other competitors across 12 key performance metrics.

margetts pit limited Ownership

MARGETTS PIT LIMITED group structure

Margetts Pit Limited has no subsidiary companies.

Ultimate parent company

1 parent

MARGETTS PIT LIMITED

02479226

MARGETTS PIT LIMITED Shareholders

mp holdings 2016 limited 100%

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).

officercountryagestartendrole
Mr Trevor Heathcote59 years Apr 2016- Director
Mr Richard HallEngland55 years Dec 2018- Director
Mr Martin HeathcoteUnited Kingdom29 years Nov 2020- Director
Mr David FarrantEngland55 years Jul 2021- Director

P&L

June 2023

turnover

20k

-23%

operating profit

20k

-23%

gross margin

22.4%

-2.96%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2023

net assets

819k

+0.02%

total assets

2m

-0.03%

cash

542k

+0.11%

net assets

Total assets minus all liabilities

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

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

June 2023

previous names

aylesford newsprint services limited (May 2016)

aylesford newsprint limited (June 1995)

See more

accountant

-

auditor

-

address

4th floor st albans house, 57- 59 haymarket, london, SW1Y 4QX

Bank

CITIBANK

Legal Advisor

-

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.

charges

margetts pit limited Companies House Filings - See Documents

datedescriptionview/download