pin mill moorings ltd
pin mill moorings ltd Company Information
Company Number
02817027
Next Accounts
May 2025
Shareholders
augustus curtis
sarah curtis
Group Structure
View All
Industry
Repair of other equipment
Registered Address
kings boatyard, pin mill, ipswich, suffolk, IP9 1JN
Website
pinmillhard.infopin mill moorings ltd Estimated Valuation
Pomanda estimates the enterprise value of PIN MILL MOORINGS LTD at £54k based on a Turnover of £100.2k and 0.54x industry multiple (adjusted for size and gross margin).
pin mill moorings ltd Estimated Valuation
Pomanda estimates the enterprise value of PIN MILL MOORINGS LTD at £15.3k based on an EBITDA of £3.3k and a 4.7x industry multiple (adjusted for size and gross margin).
pin mill moorings ltd Estimated Valuation
Pomanda estimates the enterprise value of PIN MILL MOORINGS LTD at £22.5k based on Net Assets of £5.8k and 3.91x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Pin Mill Moorings Ltd Overview
Pin Mill Moorings Ltd is a live company located in ipswich, IP9 1JN with a Companies House number of 02817027. It operates in the repair of other equipment sector, SIC Code 33190. Founded in May 1993, it's largest shareholder is augustus curtis with a 50% stake. Pin Mill Moorings Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £100.2k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Pin Mill Moorings Ltd Health Check
Pomanda's financial health check has awarded Pin Mill Moorings Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £100.2k, make it smaller than the average company (£3.1m)
- Pin Mill Moorings Ltd
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (4.3%)
- Pin Mill Moorings Ltd
4.3% - Industry AVG
Production
with a gross margin of 21.4%, this company has a higher cost of product (32.9%)
- Pin Mill Moorings Ltd
32.9% - Industry AVG
Profitability
an operating margin of 3.3% make it less profitable than the average company (7.7%)
- Pin Mill Moorings Ltd
7.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (19)
2 - Pin Mill Moorings Ltd
19 - Industry AVG
Pay Structure
on an average salary of £43.5k, the company has an equivalent pay structure (£43.5k)
- Pin Mill Moorings Ltd
£43.5k - Industry AVG
Efficiency
resulting in sales per employee of £50.1k, this is less efficient (£136.7k)
- Pin Mill Moorings Ltd
£136.7k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is near the average (57 days)
- Pin Mill Moorings Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (28 days)
- Pin Mill Moorings Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pin Mill Moorings Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Pin Mill Moorings Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70%, this is a higher level of debt than the average (54.1%)
70% - Pin Mill Moorings Ltd
54.1% - Industry AVG
PIN MILL MOORINGS LTD financials
Pin Mill Moorings Ltd's latest turnover from August 2023 is estimated at £100.2 thousand and the company has net assets of £5.8 thousand. According to their latest financial statements, Pin Mill Moorings Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 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
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 953 | 1,265 | 1,688 | 2,251 | 1,013 | 1,351 | 1,801 | 2,401 | 3,201 | 2,793 | 3,724 | 2,025 | 2,700 | 3,600 | 3,000 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 953 | 1,265 | 1,688 | 2,251 | 1,013 | 1,351 | 1,801 | 2,401 | 3,201 | 2,793 | 3,724 | 2,025 | 2,700 | 3,600 | 3,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 18,272 | 30,751 | 38,789 | 25,715 | 25,833 | 29,644 | 34,018 | 970 | 420 | 2,056 | 1,032 | 2,397 | 1,252 | 728 | |
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 23,065 | 26,847 | 26,911 | 31,063 | 33,180 | 27,930 | 26,072 | 25,078 | |||||||
| misc current assets | |||||||||||||||
| total current assets | 18,272 | 30,751 | 38,789 | 25,715 | 25,833 | 29,644 | 34,018 | 23,065 | 27,817 | 27,331 | 33,119 | 34,212 | 30,327 | 27,324 | 25,806 |
| total assets | 19,225 | 32,016 | 40,477 | 27,966 | 26,846 | 30,995 | 35,819 | 25,466 | 31,018 | 30,124 | 36,843 | 36,237 | 33,027 | 30,924 | 28,806 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 13,458 | 28,694 | 12,768 | 4,603 | 8,830 | 7,074 | 8,939 | 8,613 | 8,802 | 10,334 | 24,587 | 7,689 | 6,191 | 5,826 | 6,627 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 13,458 | 28,694 | 12,768 | 4,603 | 8,830 | 7,074 | 8,939 | 8,613 | 8,802 | 10,334 | 24,587 | 7,689 | 6,191 | 5,826 | 6,627 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 10,000 | ||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 10,000 | ||||||||||||||
| total liabilities | 13,458 | 28,694 | 22,768 | 4,603 | 8,830 | 7,074 | 8,939 | 8,613 | 8,802 | 10,334 | 24,587 | 7,689 | 6,191 | 5,826 | 6,627 |
| net assets | 5,767 | 3,322 | 17,709 | 23,363 | 18,016 | 23,921 | 26,880 | 16,853 | 22,216 | 19,790 | 12,256 | 28,548 | 26,836 | 25,098 | 22,179 |
| total shareholders funds | 5,767 | 3,322 | 17,709 | 23,363 | 18,016 | 23,921 | 26,880 | 16,853 | 22,216 | 19,790 | 12,256 | 28,548 | 26,836 | 25,098 | 22,179 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 800 | 848 | 931 | 1,241 | 675 | 900 | 1,200 | 1,000 | |||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -12,479 | -8,038 | 13,074 | -118 | -3,811 | -4,374 | 34,018 | -970 | 550 | -1,636 | 1,024 | -1,365 | 1,145 | 524 | 728 |
| Creditors | -15,236 | 15,926 | 8,165 | -4,227 | 1,756 | -1,865 | 326 | -189 | -1,532 | -14,253 | 16,898 | 1,498 | 365 | -801 | 6,627 |
| Accruals and Deferred Income | -10,000 | 10,000 | |||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -23,065 | -3,782 | -64 | -4,152 | -2,117 | 5,250 | 1,858 | 994 | 25,078 | ||||||
| overdraft | |||||||||||||||
| change in cash | -23,065 | -3,782 | -64 | -4,152 | -2,117 | 5,250 | 1,858 | 994 | 25,078 |
pin mill moorings ltd Credit Report and Business Information
Pin Mill Moorings Ltd Competitor Analysis
Perform a competitor analysis for pin mill moorings ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in IP9 area or any other competitors across 12 key performance metrics.
pin mill moorings ltd Ownership
PIN MILL MOORINGS LTD group structure
Pin Mill Moorings Ltd has no subsidiary companies.
Ultimate parent company
PIN MILL MOORINGS LTD
02817027
pin mill moorings ltd directors
Pin Mill Moorings Ltd currently has 2 directors. The longest serving directors include Mr Augustus Curtis (Jul 2007) and Mrs Sarah Curtis (Jul 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Augustus Curtis | United Kingdom | 58 years | Jul 2007 | - | Director |
| Mrs Sarah Curtis | England | 50 years | Jul 2007 | - | Director |
P&L
August 2023turnover
100.2k
-21%
operating profit
3.3k
0%
gross margin
21.4%
-5.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
5.8k
+0.74%
total assets
19.2k
-0.4%
cash
0
0%
net assets
Total assets minus all liabilities
pin mill moorings ltd company details
company number
02817027
Type
Private limited with Share Capital
industry
33190 - Repair of other equipment
incorporation date
May 1993
age
32
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
tony ward moorings limited (January 2012)
accountant
RICHARD LAWSON
auditor
-
address
kings boatyard, pin mill, ipswich, suffolk, IP9 1JN
Bank
CO-OPERATIVE BANK PLC
Legal Advisor
-
pin mill moorings ltd 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 pin mill moorings ltd.
pin mill moorings ltd 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 PIN MILL MOORINGS LTD. This can take several minutes, an email will notify you when this has completed.
pin mill moorings ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
