premier sealant systems limitedEstimated Valuation
£2.1m
Pomanda estimates the enterprise value of PREMIER SEALANT SYSTEMS LIMITED at £2.1m based on a Turnover of £5m and 0.42x industry multiple (adjusted for size and gross margin).
premier sealant systems limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of PREMIER SEALANT SYSTEMS LIMITED at £0 based on an EBITDA of £-419.6k and a 3.16x industry multiple (adjusted for size and gross margin).
premier sealant systems limitedEstimated Valuation
£2.7m
Pomanda estimates the enterprise value of PREMIER SEALANT SYSTEMS LIMITED at £2.7m based on Net Assets of £1.7m and 1.58x industry multiple (adjusted for liquidity).
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Premier Sealant Systems LimitedOverview
Premier Sealant Systems Limited is a live company located in scunthorpe, DN15 8RE with a Companies House number of 03000843. It operates in the manufacture of other plastic products sector, SIC Code 22290. Founded in December 1994, it's largest shareholder is
red coast industries (uk) limited
with a 100% stake. Premier Sealant Systems Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£5m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Premier Sealant Systems Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
2 Strong
5 Regular
5 Weak
Size
annual sales of £5m, make it smaller than the average company (£16.9m)
£5m - Premier Sealant Systems Limited
£16.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (7.9%)
7% - Premier Sealant Systems Limited
7.9% - Industry AVG
Production
with a gross margin of 26.5%, this company has a comparable cost of product (26.5%)
26.5% - Premier Sealant Systems Limited
26.5% - Industry AVG
Profitability
an operating margin of -9.1% make it less profitable than the average company (5.4%)
-9.1% - Premier Sealant Systems Limited
5.4% - Industry AVG
Employees
with 33 employees, this is below the industry average (101)
33 - Premier Sealant Systems Limited
101 - Industry AVG
Pay Structure
on an average salary of £37.5k, the company has an equivalent pay structure (£37.5k)
£37.5k - Premier Sealant Systems Limited
£37.5k - Industry AVG
Efficiency
resulting in sales per employee of £151.9k, this is equally as efficient (£172.4k)
£151.9k - Premier Sealant Systems Limited
£172.4k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is near the average (50 days)
60 days - Premier Sealant Systems Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is slower than average (38 days)
44 days - Premier Sealant Systems Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 98 days, this is more than average (58 days)
98 days - Premier Sealant Systems Limited
58 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 6 weeks, this is less cash available to meet short term requirements (12 weeks)
6 weeks - Premier Sealant Systems Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.2%, this is a lower level of debt than the average (42.2%)
34.2% - Premier Sealant Systems Limited
42.2% - Industry AVG
PREMIER SEALANT SYSTEMS LIMITED financials
EXPORT
Premier Sealant Systems Limited's latest turnover from December 2023 is estimated at £5 million and the company has net assets of £1.7 million. According to their latest financial statements, Premier Sealant Systems Limited has 33 employees and maintains cash reserves of £100 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Turnover
5,012,013
6,988,206
5,032,447
4,095,914
3,944,397
3,823,524
3,868,052
3,368,230
3,578,304
4,547,371
4,764,463
3,902,694
3,808,639
3,767,464
4,810,536
Other Income Or Grants
Cost Of Sales
3,682,330
5,129,220
3,614,678
2,943,372
2,848,281
2,745,180
2,737,756
2,357,813
2,508,287
3,241,778
3,385,320
2,797,282
2,721,896
2,646,872
3,326,444
Gross Profit
1,329,683
1,858,986
1,417,770
1,152,542
1,096,116
1,078,344
1,130,295
1,010,418
1,070,017
1,305,593
1,379,143
1,105,412
1,086,743
1,120,592
1,484,093
Admin Expenses
1,786,935
1,010,164
998,356
946,615
1,019,989
1,088,468
1,010,689
695,048
787,329
1,129,604
1,140,447
1,043,664
996,657
1,166,473
1,272,566
84,646
Operating Profit
-457,252
848,822
419,414
205,927
76,127
-10,124
119,606
315,370
282,688
175,989
238,696
61,748
90,086
-45,881
211,527
-84,646
Interest Payable
5,326
17,453
16,498
13,696
11,742
3,952
630
151
935
778
341
341
Interest Receivable
13,520
7,912
110
89
595
427
307
358
557
602
926
388
65
186
138
Pre-Tax Profit
-449,058
839,281
403,026
192,320
64,980
-13,649
119,283
315,577
282,310
175,813
239,622
62,136
89,811
-46,036
211,665
-84,646
Tax
-159,463
-76,575
-36,541
-12,346
-22,664
-59,960
-56,462
-35,162
-50,321
-14,291
-21,555
-59,266
Profit After Tax
-449,058
679,818
326,451
155,779
52,634
-13,649
96,619
255,617
225,848
140,650
189,301
47,845
68,256
-46,036
152,399
-84,646
Dividends Paid
Retained Profit
-449,058
679,818
326,451
155,779
52,634
-13,649
96,619
255,617
225,848
140,650
189,301
47,845
68,256
-46,036
152,399
-84,646
Employee Costs
1,236,007
1,076,483
934,590
972,311
954,640
768,942
729,274
731,732
700,180
1,069,955
1,071,133
882,939
836,126
886,649
1,213,595
Number Of Employees
33
30
27
29
29
24
23
24
24
37
38
32
31
33
46
EBITDA*
-419,577
882,494
454,372
229,118
96,010
-2,066
133,848
330,213
303,075
197,762
264,848
86,017
111,366
-44,078
273,420
-42,765
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Tangible Assets
211,595
236,230
256,628
279,007
148,498
158,849
164,833
125,469
140,498
166,007
124,516
138,852
73,459
86,316
54,456
253,371
Intangible Assets
138,562
1,833
3,833
5,833
7,833
9,833
119,874
Investments & Other
Debtors (Due After 1 year)
1,040
2,648
4,256
3,512
5,670
10,737
Total Fixed Assets
350,157
236,230
257,668
281,655
152,754
162,361
170,503
136,206
140,498
167,840
128,349
144,685
81,292
96,149
54,456
373,245
Stock & work in progress
989,453
1,258,677
775,980
606,658
507,737
420,793
449,489
365,435
371,385
304,490
246,213
252,765
301,042
314,106
155,361
365,811
Trade Debtors
831,893
1,536,110
1,372,313
957,324
895,756
973,435
1,031,309
949,233
951,024
1,100,298
985,623
736,088
741,775
708,142
1,084,513
659,815
Group Debtors
207,200
Misc Debtors
165,930
78,973
49,188
41,025
44,588
33,767
45,779
40,732
33,539
Cash
100,007
415,030
37,094
51,000
126,768
31,927
40,641
82,013
204,038
18,686
222,061
148,287
6,933
19,077
55,143
52
misc current assets
total current assets
2,294,483
3,288,790
2,234,575
1,656,007
1,574,849
1,459,922
1,567,218
1,437,413
1,559,986
1,423,474
1,453,897
1,137,140
1,049,750
1,041,325
1,295,017
1,025,678
total assets
2,644,640
3,525,020
2,492,243
1,937,662
1,727,603
1,622,283
1,737,721
1,573,619
1,700,484
1,591,314
1,582,246
1,281,825
1,131,042
1,137,474
1,349,473
1,398,923
Bank overdraft
4,818
18,734
Bank loan
Trade Creditors
443,946
824,125
372,389
272,647
307,878
342,866
440,663
319,368
483,191
654,998
1,127,101
1,000,077
946,067
1,010,276
1,129,112
1,099,905
Group/Directors Accounts
21,722
165,000
other short term finances
36,946
57,733
309,692
218,240
230,815
117,106
19,379
hp & lease commitments
other current liabilities
250,151
417,791
260,734
219,633
142,343
166,413
170,376
251,046
461,146
381,786
total current liabilities
752,765
1,299,649
942,815
710,520
681,036
626,385
630,418
570,414
949,155
1,055,518
1,127,101
1,000,077
946,067
1,010,276
1,129,112
1,264,905
loans
5,214
10,481
hp & lease commitments
Accruals and Deferred Income
other liabilities
79,662
18,511
31,547
57,608
123,664
provisions
71,000
35,100
38,975
43,140
18,344
20,310
21,447
13,968
17,709
22,810
14,512
17,380
total long term liabilities
150,662
35,100
38,975
43,140
18,344
20,310
21,447
13,968
17,709
28,024
33,023
48,927
10,481
57,608
123,664
total liabilities
903,427
1,334,749
981,790
753,660
699,380
646,695
651,865
584,382
966,864
1,083,542
1,160,124
1,049,004
946,067
1,020,757
1,186,720
1,388,569
net assets
1,741,213
2,190,271
1,510,453
1,184,002
1,028,223
975,588
1,085,856
989,237
733,620
507,772
422,122
232,821
184,975
116,717
162,753
10,354
total shareholders funds
1,741,213
2,190,271
1,510,453
1,184,002
1,028,223
975,588
1,085,856
989,237
733,620
507,772
422,122
232,821
184,975
116,717
162,753
10,354
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Operating Activities
Operating Profit
-457,252
848,822
419,414
205,927
76,127
-10,124
119,606
315,370
282,688
175,989
238,696
61,748
90,086
-45,881
211,527
-84,646
Depreciation
33,757
33,672
34,958
23,191
19,883
8,058
14,242
14,843
18,554
19,773
24,152
22,269
19,280
1,636
14,356
32,404
Amortisation
3,918
1,833
2,000
2,000
2,000
2,000
167
47,537
9,477
Tax
-159,463
-76,575
-36,541
-12,346
-22,664
-59,960
-56,462
-35,162
-50,321
-14,291
-21,555
-59,266
Stock
-269,224
482,697
169,322
98,921
86,944
55,358
84,054
-5,950
66,895
58,277
-6,552
-48,277
-13,064
158,745
-210,450
365,811
Debtors
-410,060
192,542
421,544
56,397
-66,114
10,012
82,056
16,139
-115,735
114,675
249,535
-5,687
33,633
-376,371
424,698
659,815
Creditors
-380,179
451,736
99,742
-35,231
-34,988
23,498
121,295
-163,823
-171,807
-472,103
127,024
54,010
-64,209
-118,836
29,207
1,099,905
Accruals and Deferred Income
-167,640
157,057
41,101
77,290
-24,070
-84,633
-80,670
-210,100
79,360
381,786
Deferred Taxes & Provisions
35,900
-3,875
-4,165
24,796
-1,966
6,342
7,479
-3,741
-5,101
8,298
-2,868
17,380
Cash flow from operations
-252,212
652,710
-76,391
104,114
1,810
-122,229
-6,822
-117,600
197,905
-92,371
95,700
197,080
5,033
54,712
29,113
31,514
Investing Activities
capital expenditure
-151,602
-13,274
-12,579
-153,700
-9,532
-41,438
-53,606
186
6,955
-61,264
-9,816
-87,662
-6,423
-43,496
256,896
-415,126
Change in Investments
cash flow from investments
-151,602
-13,274
-12,579
-153,700
-9,532
-41,438
-53,606
186
6,955
-61,264
-9,816
-87,662
-6,423
-43,496
256,896
-415,126
Financing Activities
Bank loans
Group/Directors Accounts
21,722
-165,000
165,000
Other Short Term Loans
-20,787
-251,959
91,452
-12,575
113,709
117,106
19,379
Long term loans
-5,214
5,214
-10,481
10,481
Hire Purchase and Lease Commitments
other long term liabilities
79,662
-18,511
-13,036
31,547
-57,608
-66,056
123,664
share issue
1
-55,000
1
2
95,000
interest
8,194
-9,541
-16,388
-13,607
-11,147
-3,525
-323
207
-378
-176
926
388
-276
-155
138
cash flow from financing
88,791
-261,500
75,064
-26,182
102,563
113,581
19,056
207
-5,592
-68,473
-12,110
31,936
-10,755
-47,282
-230,918
383,664
cash and cash equivalents
cash
-315,023
377,936
-13,906
-75,768
94,841
-50,086
-41,372
-122,025
185,352
-203,375
73,774
141,354
-12,144
-36,066
55,091
52
overdraft
-4,818
-13,916
18,734
change in cash
-315,023
377,936
-13,906
-75,768
94,841
-50,086
-41,372
-117,207
199,268
-222,109
73,774
141,354
-12,144
-36,066
55,091
52
premier sealant systems 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 premier sealant systems limited. Get real-time insights into premier sealant systems limited's credit score, group structure and payment trends.
Premier Sealant Systems Limited Competitor Analysis
Perform a competitor analysis for premier sealant systems limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in DN15 area or any other competitors across 12 key performance metrics.
premier sealant systems limited Ownership
PREMIER SEALANT SYSTEMS LIMITED group structure
Premier Sealant Systems Limited has no subsidiary companies.
The sole shareholder of Premier Sealant Systems Limited is Red Coast Industries (Uk) Limited.
red coast industries (uk) limited
100%
premier sealant systems limited directors
Premier Sealant Systems Limited currently has 6 directors.
The longest serving directors include
Mr Yossuf Albanawi (May 2023) and
Mr Omar Albanawi (May 2023).
premier sealant systems 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 9 charges/mortgages relating to premier sealant systems limited. Currently there are 2 open charges and 7 have been satisfied in the past.
premier sealant systems 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.
Click to start generating capital raising & share issue transactions for PREMIER SEALANT SYSTEMS LIMITED. This can take several minutes, an email will notify you when this has completed.
premier sealant systems limitedCompanies House Filings - See Documents
