peacock & binnington holdings limited

peacock & binnington holdings limited Company Information

Share PEACOCK & BINNINGTON HOLDINGS LIMITED
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Company Number

02519198

Industry

Activities of head offices

 

Shareholders

executors of the estate of the late m.a. peacock

graham main

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Group Structure

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Contact

Registered Address

old foundry, bridge street, brigg, north lincolnshire, DN20 8NR

peacock & binnington holdings limited Estimated Valuation

£64.7m

Pomanda estimates the enterprise value of PEACOCK & BINNINGTON HOLDINGS LIMITED at £64.7m based on a Turnover of £83.6m and 0.77x industry multiple (adjusted for size and gross margin).

peacock & binnington holdings limited Estimated Valuation

£14.3m

Pomanda estimates the enterprise value of PEACOCK & BINNINGTON HOLDINGS LIMITED at £14.3m based on an EBITDA of £2.4m and a 5.86x industry multiple (adjusted for size and gross margin).

peacock & binnington holdings limited Estimated Valuation

£21.2m

Pomanda estimates the enterprise value of PEACOCK & BINNINGTON HOLDINGS LIMITED at £21.2m based on Net Assets of £10.7m and 1.99x industry multiple (adjusted for liquidity).

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Peacock & Binnington Holdings Limited Overview

Peacock & Binnington Holdings Limited is a live company located in brigg, DN20 8NR with a Companies House number of 02519198. It operates in the activities of head offices sector, SIC Code 70100. Founded in July 1990, it's largest shareholder is executors of the estate of the late m.a. peacock with a 34% stake. Peacock & Binnington Holdings Limited is a mature, large sized company, Pomanda has estimated its turnover at £83.6m with healthy growth in recent years.

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Peacock & Binnington Holdings Limited Health Check

Pomanda's financial health check has awarded Peacock & Binnington Holdings Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £83.6m, make it larger than the average company (£21.6m)

£83.6m - Peacock & Binnington Holdings Limited

£21.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (7%)

7% - Peacock & Binnington Holdings Limited

7% - Industry AVG

production

Production

with a gross margin of 11.2%, this company has a higher cost of product (33.4%)

11.2% - Peacock & Binnington Holdings Limited

33.4% - Industry AVG

profitability

Profitability

an operating margin of 1.8% make it less profitable than the average company (5.7%)

1.8% - Peacock & Binnington Holdings Limited

5.7% - Industry AVG

employees

Employees

with 163 employees, this is above the industry average (120)

163 - Peacock & Binnington Holdings Limited

120 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.4k, the company has an equivalent pay structure (£48.5k)

£43.4k - Peacock & Binnington Holdings Limited

£48.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £512.9k, this is more efficient (£200.4k)

£512.9k - Peacock & Binnington Holdings Limited

£200.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 20 days, this is earlier than average (45 days)

20 days - Peacock & Binnington Holdings Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 144 days, this is slower than average (42 days)

144 days - Peacock & Binnington Holdings Limited

42 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 160 days, this is more than average (50 days)

160 days - Peacock & Binnington Holdings Limited

50 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)

0 weeks - Peacock & Binnington Holdings Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 75.6%, this is a higher level of debt than the average (55.8%)

75.6% - Peacock & Binnington Holdings Limited

55.8% - Industry AVG

PEACOCK & BINNINGTON HOLDINGS LIMITED financials

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Peacock & Binnington Holdings Limited's latest turnover from December 2023 is £83.6 million and the company has net assets of £10.7 million. According to their latest financial statements, Peacock & Binnington Holdings Limited has 163 employees and maintains cash reserves of £147 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover83,606,28188,327,70565,617,23868,796,52867,740,37953,559,49248,403,40438,667,18036,523,37840,318,59637,981,16438,135,25535,981,95634,752,19033,867,884
Other Income Or Grants000000000000000
Cost Of Sales74,236,75978,810,92358,352,10561,511,87760,567,25947,498,60042,817,73733,940,04132,184,49035,513,34334,040,89234,293,84532,270,34531,554,51330,901,539
Gross Profit9,369,5229,516,7827,265,1337,284,6517,173,1206,060,8925,585,6674,727,1394,338,8884,805,2533,940,2723,841,4103,711,6113,197,6772,966,345
Admin Expenses7,844,7218,082,3496,448,8096,078,2025,902,6064,937,6804,435,6394,028,4823,870,1663,931,2583,433,6453,206,9813,561,0512,978,1042,588,444
Operating Profit1,524,8011,434,433816,3241,206,4491,270,5141,123,2121,150,028698,657468,722873,995506,627634,429150,560219,573377,901
Interest Payable1,216,024584,074315,031402,982442,935210,119145,074200,838226,897167,378198,484159,520105,977100,266110,220
Interest Receivable0000001900002,187000
Pre-Tax Profit308,777850,359553,829803,467827,579913,0931,004,973497,819241,825706,617308,143477,096377,770201,420267,681
Tax-179,344-219,454-155,962-204,756-213,644-175,641-213,047-116,716-66,448-162,870-78,637-111,098214,196-10,355-6,171
Profit After Tax129,433630,905397,867598,711613,935737,452791,926381,103175,377543,747229,506365,998591,966191,065261,510
Dividends Paid000000000000000
Retained Profit129,433630,905397,867598,711613,935737,452791,926381,103175,377543,747229,506365,998591,966191,065261,510
Employee Costs7,074,2217,261,6536,077,9245,700,7665,217,4844,377,7294,064,9723,593,2893,354,2903,317,6942,881,1122,923,0703,160,7812,580,5222,324,358
Number Of Employees16316615014614413611710193989485888684
EBITDA*2,440,9102,390,2541,630,0762,024,1981,693,5441,557,3411,453,1891,083,972817,8851,189,925799,782897,857396,314423,627595,904

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets5,457,7285,503,1575,326,6945,299,0272,871,5392,261,1271,650,4041,676,1591,745,1411,668,6881,697,6961,647,1561,607,8711,265,6941,272,834
Intangible Assets120,000360,000600,000600,000800,0001,000,000000000000
Investments & Other0000000000007,0217,0217,021
Debtors (Due After 1 year)000000000000000
Total Fixed Assets5,577,7285,863,1575,926,6945,899,0273,671,5393,261,1271,650,4041,676,1591,745,1411,668,6881,697,6961,647,1561,614,8921,272,7151,279,855
Stock & work in progress32,681,84525,157,32223,173,24120,943,17420,256,32919,457,83513,335,37910,868,82510,694,4189,592,6857,812,7268,899,7506,461,1706,014,8404,928,217
Trade Debtors4,791,0685,183,7644,018,1744,986,4705,533,1332,573,7123,306,6983,092,7442,275,0583,245,6582,240,2901,730,1761,368,9002,038,3351,584,128
Group Debtors126,763245,907272,666279,93100000000000
Misc Debtors405,923360,994374,297144,247492,572680,726448,129245,407230,854144,520150,176187,573318,00379,40364,053
Cash146,9931,623,4561,079,1401,458,72363,45725,336937,37414,64803,5443,5753,6038,67812,31812,058
misc current assets000000000000000
total current assets38,152,59232,571,44328,917,51827,812,54526,345,49122,737,60918,027,58014,221,62413,200,33012,986,40710,206,76710,821,1028,156,7518,144,8966,588,456
total assets43,730,32038,434,60034,844,21233,711,57230,017,03025,998,73619,677,98415,897,78314,945,47114,655,09511,904,46312,468,2589,771,6439,417,6117,868,311
Bank overdraft00000390,97400494,624890,904539,389623,725668,120761,0721,061,053
Bank loan824,670861,078221,204550,449640,774653,045000000000
Trade Creditors 29,460,72123,579,57220,260,99220,602,32819,233,54814,991,76413,030,4539,613,6258,697,8528,305,1166,794,6427,568,2144,587,5485,534,1093,565,180
Group/Directors Accounts0283,679284,19320,32500008,074000000
other short term finances0000000150,295181,660000000
hp & lease commitments376,734319,088285,659206,611183,543143,139115,92600127,737161,014140,55894,00235,50914,638
other current liabilities1,180,962906,4071,240,224953,2241,066,3861,055,617639,8951,035,708835,560809,379344,036196,146658,151236,475603,408
total current liabilities31,843,08725,949,82422,292,27222,332,93721,124,25117,234,53913,786,27410,799,62810,217,77010,133,1367,839,0818,528,6436,007,8216,567,1655,244,279
loans104,736770,1531,661,597920,3481,522,1032,162,72100163,980140,110121,359190,747258,09100
hp & lease commitments310,179377,920223,899229,596171,256115,555158,347163,59400118,956153,305130,15666,83631,487
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions789,495795,451768,236594,818130,81331,24916,1439,26719,53013,03500000
total long term liabilities1,204,4101,943,5242,653,7321,744,7621,824,1722,309,525174,490172,861183,510153,145240,315344,052388,24766,83631,487
total liabilities33,047,49727,893,34824,946,00424,077,69922,948,42319,544,06413,960,76410,972,48910,401,28010,286,2818,079,3968,872,6956,396,0686,634,0015,275,766
net assets10,682,82310,541,2529,898,2089,633,8737,068,6076,454,6725,717,2204,925,2944,544,1914,368,8143,825,0673,595,5633,372,5952,780,6302,589,565
total shareholders funds10,682,82310,541,2529,898,2089,633,8737,068,6076,454,6725,717,2204,925,2944,544,1914,368,8143,825,0673,595,5633,372,5952,780,6302,589,565
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,524,8011,434,433816,3241,206,4491,270,5141,123,2121,150,028698,657468,722873,995506,627634,429150,560219,573377,901
Depreciation676,109715,821613,752617,749223,030434,129303,161385,315349,163315,930293,155263,428245,754204,054218,003
Amortisation240,000240,000200,000200,000200,0000000000000
Tax-179,344-219,454-155,962-204,756-213,644-175,641-213,047-116,716-66,448-162,870-78,637-111,098214,196-10,355-6,171
Stock7,524,5231,984,0812,230,067686,845798,4946,122,4562,466,554174,4071,101,7331,779,959-1,087,0242,438,580446,3301,086,6234,928,217
Debtors-466,9111,125,528-745,511-615,0572,771,267-500,389416,676832,239-884,266999,712472,717230,846-430,835469,5571,648,181
Creditors5,881,1493,318,580-341,3361,368,7804,241,7841,961,3113,416,828915,773392,7361,510,474-773,5722,980,666-946,5611,968,9293,565,180
Accruals and Deferred Income274,555-333,817287,000-113,16210,769415,722-395,813200,14826,181465,343147,890-462,005421,676-366,933603,408
Deferred Taxes & Provisions-5,95627,215173,418464,00599,56415,1066,876-10,2636,49513,03500000
Cash flow from operations1,353,7022,073,169108,6403,467,2772,262,256-1,848,2281,384,8031,066,268959,382236,236709,770635,99470,130459,088-1,818,077
Investing Activities
capital expenditure0000044,836-101,640-121,467-146,6270-205,896-113,435-55,884-116,302-209,424
Change in Investments00000000000-7,021007,021
cash flow from investments0000044,836-101,640-121,467-146,6270-205,896-106,414-55,884-116,302-216,445
Financing Activities
Bank loans-36,408639,874-329,245-90,325-12,271653,045000000000
Group/Directors Accounts-283,679-514263,86820,325000-8,0748,074000000
Other Short Term Loans 000000-150,295-31,365181,660000000
Long term loans-665,417-891,444741,249-601,755-640,6182,162,7210-163,98023,87018,751-69,388-67,344258,09100
Hire Purchase and Lease Commitments-10,095187,45073,35181,40896,105-15,579110,679163,594-127,737-152,233-13,89369,705121,81356,22046,125
other long term liabilities000000000000000
share issue12,13812,139-133,5321,966,555000000-2-143,030-102,328,055
interest-1,216,024-584,074-315,031-402,982-442,935-210,119-145,055-200,838-226,897-167,378-198,484-157,333-105,977-100,266-110,220
cash flow from financing-2,199,485-636,569300,660973,226-999,7192,590,068-184,671-240,663-141,030-300,860-281,767-298,002273,926-44,0462,263,960
cash and cash equivalents
cash-1,476,463544,316-379,5831,395,26638,121-912,038922,72614,648-3,544-31-28-5,075-3,64026012,058
overdraft0000-390,974390,9740-494,624-396,280351,515-84,336-44,395-92,952-299,9811,061,053
change in cash-1,476,463544,316-379,5831,395,266429,095-1,303,012922,726509,272392,736-351,54684,30839,32089,312300,241-1,048,995

peacock & binnington holdings limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Peacock & Binnington Holdings Limited Competitor Analysis

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Perform a competitor analysis for peacock & binnington holdings limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in DN20 area or any other competitors across 12 key performance metrics.

peacock & binnington holdings limited Ownership

PEACOCK & BINNINGTON HOLDINGS LIMITED group structure

Peacock & Binnington Holdings Limited has 2 subsidiary companies.

Ultimate parent company

PEACOCK & BINNINGTON HOLDINGS LIMITED

02519198

2 subsidiaries

PEACOCK & BINNINGTON HOLDINGS LIMITED Shareholders

executors of the estate of the late m.a. peacock 33.98%
graham main 15%
n.a. peacock 13.85%
timothy edward peacock 11.03%
sophie elizabeth collier 9.49%
d. peacock 7.7%
richard cross 1.58%
andrew walker 1.58%
mark farleigh 1.58%
marcus james bourne 1.58%

peacock & binnington holdings limited directors

Peacock & Binnington Holdings Limited currently has 6 directors. The longest serving directors include Mr Nicholas Peacock (Oct 1992) and Mr Graham Main (Jan 2010).

officercountryagestartendrole
Mr Nicholas Peacock55 years Oct 1992- Director
Mr Graham MainEngland54 years Jan 2010- Director
Mr Marcus Bourne54 years Jan 2016- Director
Mr Mark FarleighEngland43 years Jan 2019- Director
Mr Andrew Walker48 years Jan 2019- Director
Mr David Franks66 years Oct 2021- Director

P&L

December 2023

turnover

83.6m

-5%

operating profit

1.5m

+6%

gross margin

11.3%

+4.01%

turnover

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

Balance Sheet

December 2023

net assets

10.7m

+0.01%

total assets

43.7m

+0.14%

cash

147k

-0.91%

net assets

Total assets minus all liabilities

peacock & binnington holdings limited company details

company number

02519198

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

July 1990

age

34

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

RNS REGISTERED AUDITORS

address

old foundry, bridge street, brigg, north lincolnshire, DN20 8NR

Bank

-

Legal Advisor

-

peacock & binnington 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 did not find charges/mortgages relating to peacock & binnington holdings limited.

peacock & binnington holdings 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.

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peacock & binnington holdings limited Companies House Filings - See Documents

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