project distribution limited
project distribution limited Company Information
Company Number
03044303
Next Accounts
Dec 2025
Shareholders
classic cash registers group holdings limited
Group Structure
View All
Industry
Wholesale of other office machinery and equipment
Registered Address
unit 1, sun street hanley, stoke on trent, staffordshire, ST1 4JW
project distribution limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT DISTRIBUTION LIMITED at £1.3m based on a Turnover of £2.9m and 0.46x industry multiple (adjusted for size and gross margin).
project distribution limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT DISTRIBUTION LIMITED at £151k based on an EBITDA of £35.3k and a 4.28x industry multiple (adjusted for size and gross margin).
project distribution limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT DISTRIBUTION LIMITED at £6.1m based on Net Assets of £2.7m and 2.3x industry multiple (adjusted for liquidity).
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Project Distribution Limited Overview
Project Distribution Limited is a live company located in stoke on trent, ST1 4JW with a Companies House number of 03044303. It operates in the wholesale of other office machinery and equipment sector, SIC Code 46660. Founded in April 1995, it's largest shareholder is classic cash registers group holdings limited with a 100% stake. Project Distribution Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.9m with rapid growth in recent years.
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Project Distribution Limited Health Check
Pomanda's financial health check has awarded Project Distribution Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £2.9m, make it smaller than the average company (£10.6m)
- Project Distribution Limited
£10.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (7.7%)
- Project Distribution Limited
7.7% - Industry AVG
Production
with a gross margin of 37.5%, this company has a comparable cost of product (37.5%)
- Project Distribution Limited
37.5% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (1.2%)
- Project Distribution Limited
1.2% - Industry AVG
Employees
with 10 employees, this is below the industry average (27)
10 - Project Distribution Limited
27 - Industry AVG
Pay Structure
on an average salary of £55.6k, the company has an equivalent pay structure (£55.6k)
- Project Distribution Limited
£55.6k - Industry AVG
Efficiency
resulting in sales per employee of £291.4k, this is more efficient (£238.3k)
- Project Distribution Limited
£238.3k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is near the average (53 days)
- Project Distribution Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 175 days, this is slower than average (48 days)
- Project Distribution Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 182 days, this is more than average (79 days)
- Project Distribution Limited
79 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is more cash available to meet short term requirements (14 weeks)
17 weeks - Project Distribution Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.7%, this is a lower level of debt than the average (47.8%)
34.7% - Project Distribution Limited
47.8% - Industry AVG
PROJECT DISTRIBUTION LIMITED financials
Project Distribution Limited's latest turnover from March 2024 is estimated at £2.9 million and the company has net assets of £2.7 million. According to their latest financial statements, Project Distribution Limited has 10 employees and maintains cash reserves of £439 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 10 | 10 | 10 | 10 | 11 | 12 | 13 | 11 | 11 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 30,394 | 33,550 | 15,334 | 18,824 | 22,921 | 28,108 | 19,112 | 27,289 | 34,969 | 41,439 | 45,494 | 71,689 | 94,144 | 72,830 | 97,967 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 30,394 | 33,550 | 15,334 | 18,824 | 22,921 | 28,108 | 19,112 | 27,289 | 34,969 | 41,439 | 45,494 | 71,689 | 94,144 | 72,830 | 97,967 |
| Stock & work in progress | 911,590 | 847,333 | 924,002 | 712,378 | 812,458 | 1,003,430 | 819,399 | 726,873 | 619,296 | 702,953 | 644,537 | 576,659 | 471,141 | 433,579 | 496,209 |
| Trade Debtors | 394,794 | 178,641 | 174,501 | 36,242 | 273,972 | 440,910 | 594,439 | 502,296 | 403,730 | 477,916 | 514,955 | 560,360 | 473,359 | 288,653 | 391,334 |
| Group Debtors | 2,104,046 | 2,209,192 | 2,420,112 | 2,282,679 | 1,842,103 | 1,694,417 | 1,216,580 | 1,092 | 33,133 | ||||||
| Misc Debtors | 205,251 | 147,124 | 137,226 | 144,936 | 55,101 | 106,462 | 80,491 | 39,990 | 35,870 | 33,418 | 8,848 | ||||
| Cash | 439,031 | 546,135 | 685,438 | 915,683 | 522,123 | 198,333 | 184,598 | 1,263,683 | 1,012,789 | 518,776 | 302,611 | 213,875 | 393,196 | 238,833 | 116,841 |
| misc current assets | |||||||||||||||
| total current assets | 4,054,712 | 3,928,425 | 4,341,279 | 4,091,918 | 3,505,757 | 3,443,552 | 2,895,507 | 2,533,934 | 2,104,818 | 1,733,063 | 1,462,103 | 1,350,894 | 1,337,696 | 961,065 | 1,013,232 |
| total assets | 4,085,106 | 3,961,975 | 4,356,613 | 4,110,742 | 3,528,678 | 3,471,660 | 2,914,619 | 2,561,223 | 2,139,787 | 1,774,502 | 1,507,597 | 1,422,583 | 1,431,840 | 1,033,895 | 1,111,199 |
| Bank overdraft | 64,091 | ||||||||||||||
| Bank loan | 100,000 | 100,000 | 100,000 | 58,333 | |||||||||||
| Trade Creditors | 874,004 | 657,383 | 737,867 | 607,110 | 726,776 | 688,611 | 685,390 | 462,759 | 417,286 | 642,728 | 522,850 | 481,201 | 493,016 | 427,306 | 505,917 |
| Group/Directors Accounts | 3,865 | 3,865 | 3,865 | 3,865 | 8,805 | 55,754 | 65,281 | 18,775 | 18,755 | ||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 291,102 | 300,669 | 530,976 | 373,569 | 260,113 | 277,109 | 268,164 | 278,320 | 255,206 | ||||||
| total current liabilities | 1,268,971 | 1,061,917 | 1,372,708 | 1,042,877 | 995,694 | 1,021,474 | 1,082,926 | 759,854 | 691,247 | 642,728 | 522,850 | 481,201 | 493,016 | 427,306 | 505,917 |
| loans | 141,667 | 241,667 | 341,667 | 441,667 | |||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 1,973 | 9,862 | 6,136 | 26,943 | |||||||||||
| provisions | 6,000 | 5,000 | |||||||||||||
| total long term liabilities | 147,667 | 246,667 | 341,667 | 441,667 | 1,973 | 9,862 | 6,136 | 26,943 | |||||||
| total liabilities | 1,416,638 | 1,308,584 | 1,714,375 | 1,484,544 | 995,694 | 1,021,474 | 1,082,926 | 759,854 | 691,247 | 642,728 | 522,850 | 483,174 | 502,878 | 433,442 | 532,860 |
| net assets | 2,668,468 | 2,653,391 | 2,642,238 | 2,626,198 | 2,532,984 | 2,450,186 | 1,831,693 | 1,801,369 | 1,448,540 | 1,131,774 | 984,747 | 939,409 | 928,962 | 600,453 | 578,339 |
| total shareholders funds | 2,668,468 | 2,653,391 | 2,642,238 | 2,626,198 | 2,532,984 | 2,450,186 | 1,831,693 | 1,801,369 | 1,448,540 | 1,131,774 | 984,747 | 939,409 | 928,962 | 600,453 | 578,339 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 8,201 | 4,342 | 3,490 | 4,097 | 5,187 | 6,639 | 3,506 | 7,680 | 9,325 | 11,154 | 11,828 | 20,838 | 27,718 | 20,508 | 29,975 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 64,257 | -76,669 | 211,624 | -100,080 | -190,972 | 184,031 | 92,526 | 107,577 | -83,657 | 58,416 | 67,878 | 105,518 | 37,562 | -62,630 | 496,209 |
| Debtors | 169,134 | -196,882 | 267,982 | 292,681 | -70,613 | 350,279 | 1,348,132 | 70,645 | -38,601 | -3,621 | -45,405 | 87,001 | 184,706 | -111,529 | 400,182 |
| Creditors | 216,621 | -80,484 | 130,757 | -119,666 | 38,165 | 3,221 | 222,631 | 45,473 | -225,442 | 119,878 | 41,649 | -11,815 | 65,710 | -78,611 | 505,917 |
| Accruals and Deferred Income | -9,567 | -230,307 | 157,407 | 113,456 | -16,996 | 8,945 | -10,156 | 23,114 | 255,206 | ||||||
| Deferred Taxes & Provisions | 1,000 | 5,000 | |||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 41,667 | 58,333 | |||||||||||||
| Group/Directors Accounts | -4,940 | -46,949 | -9,527 | 46,506 | 20 | 18,755 | |||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -100,000 | -100,000 | -100,000 | 441,667 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -1,973 | -7,889 | 3,726 | -20,807 | 26,943 | ||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -107,104 | -139,303 | -230,245 | 393,560 | 323,790 | 13,735 | -1,079,085 | 250,894 | 494,013 | 216,165 | 88,736 | -179,321 | 154,363 | 121,992 | 116,841 |
| overdraft | -64,091 | 64,091 | |||||||||||||
| change in cash | -107,104 | -139,303 | -230,245 | 393,560 | 323,790 | 77,826 | -1,143,176 | 250,894 | 494,013 | 216,165 | 88,736 | -179,321 | 154,363 | 121,992 | 116,841 |
project distribution limited Credit Report and Business Information
Project Distribution Limited Competitor Analysis
Perform a competitor analysis for project distribution limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in ST1 area or any other competitors across 12 key performance metrics.
project distribution limited Ownership
PROJECT DISTRIBUTION LIMITED group structure
Project Distribution Limited has no subsidiary companies.
Ultimate parent company
2 parents
PROJECT DISTRIBUTION LIMITED
03044303
project distribution limited directors
Project Distribution Limited currently has 2 directors. The longest serving directors include Mr Anthony Faulkner (Mar 2011) and Mrs Michelle Faulkner (Oct 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Faulkner | United Kingdom | 59 years | Mar 2011 | - | Director |
| Mrs Michelle Faulkner | United Kingdom | 62 years | Oct 2022 | - | Director |
P&L
March 2024turnover
2.9m
+45%
operating profit
27.1k
0%
gross margin
37.6%
+8.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2.7m
+0.01%
total assets
4.1m
+0.03%
cash
439k
-0.2%
net assets
Total assets minus all liabilities
project distribution limited company details
company number
03044303
Type
Private limited with Share Capital
industry
46660 - Wholesale of other office machinery and equipment
incorporation date
April 1995
age
30
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
toyo retail systems limited (May 1998)
accountant
-
auditor
-
address
unit 1, sun street hanley, stoke on trent, staffordshire, ST1 4JW
Bank
-
Legal Advisor
-
project distribution 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 7 charges/mortgages relating to project distribution limited. Currently there are 1 open charges and 6 have been satisfied in the past.
project distribution 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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project distribution limited Companies House Filings - See Documents
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