perco (north east) limited
perco (north east) limited Company Information
Company Number
03125780
Next Accounts
Mar 2026
Industry
Other food service activities
Shareholders
perco holdings ltd
Group Structure
View All
Contact
Registered Address
16 high street, norton, stockton-on-tees, TS20 1DN
Website
www.percone.co.ukperco (north east) limited Estimated Valuation
Pomanda estimates the enterprise value of PERCO (NORTH EAST) LIMITED at £66.9m based on a Turnover of £92.4m and 0.72x industry multiple (adjusted for size and gross margin).
perco (north east) limited Estimated Valuation
Pomanda estimates the enterprise value of PERCO (NORTH EAST) LIMITED at £34.1m based on an EBITDA of £5.2m and a 6.58x industry multiple (adjusted for size and gross margin).
perco (north east) limited Estimated Valuation
Pomanda estimates the enterprise value of PERCO (NORTH EAST) LIMITED at £25.6m based on Net Assets of £9m and 2.84x industry multiple (adjusted for liquidity).
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Perco (north East) Limited Overview
Perco (north East) Limited is a live company located in stockton-on-tees, TS20 1DN with a Companies House number of 03125780. It operates in the other food services sector, SIC Code 56290. Founded in November 1995, it's largest shareholder is perco holdings ltd with a 100% stake. Perco (north East) Limited is a mature, large sized company, Pomanda has estimated its turnover at £92.4m with high growth in recent years.
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Perco (north East) Limited Health Check
Pomanda's financial health check has awarded Perco (North East) Limited a 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
5 Strong
2 Regular
5 Weak
Size
annual sales of £92.4m, make it larger than the average company (£3.5m)
£92.4m - Perco (north East) Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a similar rate (15.4%)
16% - Perco (north East) Limited
15.4% - Industry AVG
Production
with a gross margin of 7.4%, this company has a higher cost of product (25.5%)
7.4% - Perco (north East) Limited
25.5% - Industry AVG
Profitability
an operating margin of 5.6% make it more profitable than the average company (2.9%)
5.6% - Perco (north East) Limited
2.9% - Industry AVG
Employees
with 9 employees, this is below the industry average (37)
9 - Perco (north East) Limited
37 - Industry AVG
Pay Structure
on an average salary of £150.1k, the company has a higher pay structure (£25.1k)
£150.1k - Perco (north East) Limited
£25.1k - Industry AVG
Efficiency
resulting in sales per employee of £10.3m, this is more efficient (£68.6k)
£10.3m - Perco (north East) Limited
£68.6k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is near the average (32 days)
38 days - Perco (north East) Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (33 days)
4 days - Perco (north East) Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (9 days)
1 days - Perco (north East) Limited
9 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (22 weeks)
7 weeks - Perco (north East) Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20%, this is a lower level of debt than the average (66.9%)
20% - Perco (north East) Limited
66.9% - Industry AVG
PERCO (NORTH EAST) LIMITED financials
Perco (North East) Limited's latest turnover from June 2024 is £92.4 million and the company has net assets of £9 million. According to their latest financial statements, Perco (North East) Limited has 9 employees and maintains cash reserves of £302 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 92,354,968 | 80,736,133 | 63,407,753 | 58,883,109 | 60,045,946 | 56,308,681 | 57,679,009 | 38,335,796 | 31,918,757 | 30,334,008 | 28,996,448 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 85,563,489 | 74,731,373 | 57,667,945 | 53,128,630 | 55,317,078 | 51,583,114 | 53,124,683 | 35,325,638 | 29,420,665 | 28,048,280 | 26,920,984 | ||||
| Gross Profit | 6,791,479 | 6,004,760 | 5,739,808 | 5,754,479 | 4,728,868 | 4,725,567 | 4,554,326 | 3,010,158 | 2,498,092 | 2,285,728 | 2,075,464 | ||||
| Admin Expenses | 1,635,623 | 1,429,279 | 1,808,053 | 983,077 | 916,328 | 1,197,113 | 1,361,828 | 902,032 | 992,142 | 936,191 | 1,013,061 | ||||
| Operating Profit | 5,155,856 | 4,575,481 | 3,931,755 | 4,771,402 | 3,812,540 | 3,528,454 | 3,192,498 | 2,108,126 | 1,505,950 | 1,349,537 | 1,062,403 | ||||
| Interest Payable | 150 | 694 | 566 | 41,676 | 68,977 | 155,271 | 14,370 | 14,743 | 7,778 | 14,070 | 15,934 | ||||
| Interest Receivable | 7,888 | 9,196 | 719 | 14 | 0 | 0 | 69 | 0 | 0 | 87 | 0 | ||||
| Pre-Tax Profit | 5,163,594 | 4,583,983 | 3,931,908 | 4,729,740 | 3,743,563 | -3,060,970 | 3,178,197 | 2,094,725 | 1,498,172 | 1,335,554 | 1,046,469 | ||||
| Tax | -1,310,035 | -945,213 | -758,815 | -897,532 | -720,728 | -702,488 | -634,833 | -424,349 | -302,159 | -283,702 | -242,567 | ||||
| Profit After Tax | 3,853,559 | 3,638,770 | 3,173,093 | 3,832,208 | 3,022,835 | -3,763,458 | 2,543,364 | 1,670,376 | 1,196,013 | 1,051,852 | 803,902 | ||||
| Dividends Paid | 3,600,000 | 3,000,000 | 2,000,000 | 0 | 0 | 0 | 401,400 | 1,274,400 | 1,204,200 | 802,800 | 700,000 | ||||
| Retained Profit | 253,559 | 638,770 | 1,173,093 | 3,832,208 | 3,022,835 | -3,763,458 | 2,141,964 | 395,976 | -8,187 | 249,052 | 103,902 | ||||
| Employee Costs | 1,351,024 | 1,205,272 | 1,139,242 | 828,198 | 651,958 | 612,528 | 950,108 | 749,640 | 857,769 | 783,528 | 876,577 | ||||
| Number Of Employees | 9 | 8 | 8 | 9 | 8 | 9 | 10 | 10 | 10 | 9 | 8 | ||||
| EBITDA* | 5,183,490 | 4,605,786 | 3,959,195 | 4,788,241 | 3,828,591 | 3,544,791 | 3,213,764 | 2,121,939 | 1,519,241 | 1,361,608 | 1,069,638 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 129,926 | 179,824 | 177,654 | 167,302 | 130,151 | 118,910 | 135,247 | 116,339 | 128,436 | 117,772 | 129,223 | 106,820 | 114,880 | 124,341 | 135,354 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 129,926 | 179,824 | 177,654 | 167,302 | 130,155 | 118,914 | 135,251 | 116,343 | 128,440 | 117,776 | 129,227 | 106,824 | 114,884 | 124,345 | 135,358 |
| Stock & work in progress | 437,359 | 433,589 | 636,467 | 324,177 | 251,698 | 129,497 | 111,797 | 107,309 | 147,114 | 77,825 | 123,076 | 31,389 | 92,476 | 264,529 | 123,584 |
| Trade Debtors | 9,667,025 | 9,101,789 | 6,555,637 | 6,582,240 | 6,614,672 | 5,994,893 | 4,543,652 | 3,970,365 | 3,505,458 | 3,196,810 | 3,169,633 | 2,971,916 | 2,490,305 | 2,048,685 | 1,965,847 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 742,348 | 652,543 | 607,087 | 652,971 | 8,249 | 6,131 | 51,630 | 5,172 | 3,528 | 1,556 | 1,501 | 0 | 0 | 0 | 0 |
| Cash | 301,952 | 1,254,517 | 3,049,887 | 1,374,888 | 494,647 | 534,060 | 878,045 | 127 | 104 | 77 | 82 | 20 | 22 | 66,567 | 109 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,148,684 | 11,442,438 | 10,849,078 | 8,934,276 | 7,369,266 | 6,664,581 | 5,585,124 | 4,082,973 | 3,656,204 | 3,276,268 | 3,294,292 | 3,003,325 | 2,582,803 | 2,379,781 | 2,089,540 |
| total assets | 11,278,610 | 11,622,262 | 11,026,732 | 9,101,578 | 7,499,421 | 6,783,495 | 5,720,375 | 4,199,316 | 3,784,644 | 3,394,044 | 3,423,519 | 3,110,149 | 2,697,687 | 2,504,126 | 2,224,898 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 669,760 | 810,062 | 465,662 | 753,624 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 1,000,000 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,118,297 | 986,745 | 2,507,635 | 1,573,251 | 2,376,713 | 3,680,170 | 1,525,667 | 1,511,971 | 1,408,358 | 1,389,011 | 1,432,341 | 2,121,680 | 1,910,037 | 1,728,385 | 1,500,570 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 401,250 | 1,219,219 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 6,933 | 10,283 | 7,159 | 13,032 | 8,427 | 12,821 | 11,975 | 11,980 | 7,311 | 6,911 | 0 | 0 | 0 | 0 |
| other current liabilities | 715,423 | 631,296 | 365,180 | 549,509 | 412,590 | 423,999 | 289,787 | 267,357 | 200,636 | 174,652 | 114,572 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,234,970 | 2,844,193 | 2,883,098 | 2,129,919 | 3,802,335 | 5,112,596 | 1,828,275 | 2,461,063 | 2,431,036 | 2,036,636 | 2,307,448 | 2,121,680 | 1,910,037 | 1,728,385 | 1,500,570 |
| loans | 0 | 0 | 0 | 0 | 550,000 | 1,250,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 6,933 | 8,969 | 16,604 | 13,252 | 20,995 | 7,230 | 19,205 | 15,220 | 22,531 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 300,000 | 0 | 0 | 0 | 0 | 0 | 0 | 5,246 | 11,819 | 17,939 |
| provisions | 15,528 | 3,516 | 918 | 0 | 0 | 0 | 0 | 1,882 | 1,238 | 836 | 1,241 | 72 | 498 | 897 | 0 |
| total long term liabilities | 15,528 | 3,516 | 7,851 | 8,969 | 566,604 | 1,563,252 | 20,995 | 9,112 | 20,443 | 16,056 | 23,772 | 72 | 5,744 | 12,716 | 17,939 |
| total liabilities | 2,250,498 | 2,847,709 | 2,890,949 | 2,138,888 | 4,368,939 | 6,675,848 | 1,849,270 | 2,470,175 | 2,451,479 | 2,052,692 | 2,331,220 | 2,121,752 | 1,915,781 | 1,741,101 | 1,518,509 |
| net assets | 9,028,112 | 8,774,553 | 8,135,783 | 6,962,690 | 3,130,482 | 107,647 | 3,871,105 | 1,729,141 | 1,333,165 | 1,341,352 | 1,092,299 | 988,397 | 781,906 | 763,025 | 706,389 |
| total shareholders funds | 9,028,112 | 8,774,553 | 8,135,783 | 6,962,690 | 3,130,482 | 107,647 | 3,871,105 | 1,729,141 | 1,333,165 | 1,341,352 | 1,092,299 | 988,397 | 781,906 | 763,025 | 706,389 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 5,155,856 | 4,575,481 | 3,931,755 | 4,771,402 | 3,812,540 | 3,528,454 | 3,192,498 | 2,108,126 | 1,505,950 | 1,349,537 | 1,062,403 | ||||
| Depreciation | 27,634 | 30,305 | 27,440 | 16,839 | 16,051 | 16,337 | 21,266 | 13,813 | 13,291 | 12,071 | 7,235 | 8,059 | 9,969 | 12,321 | 6,898 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,310,035 | -945,213 | -758,815 | -897,532 | -720,728 | -702,488 | -634,833 | -424,349 | -302,159 | -283,702 | -242,567 | ||||
| Stock | 3,770 | -202,878 | 312,290 | 72,479 | 122,201 | 17,700 | 4,488 | -39,805 | 69,289 | -45,251 | 91,687 | -61,087 | -172,053 | 140,945 | 123,584 |
| Debtors | 655,041 | 2,591,608 | -72,487 | 612,290 | 621,897 | 1,405,742 | 619,745 | 466,551 | 310,620 | 27,232 | 199,218 | 481,611 | 441,620 | 82,838 | 1,965,847 |
| Creditors | 131,552 | -1,520,890 | 934,384 | -803,462 | -1,303,457 | 2,154,503 | 13,696 | 103,613 | 19,347 | -43,330 | -689,339 | 211,643 | 181,652 | 227,815 | 1,500,570 |
| Accruals and Deferred Income | 84,127 | 266,116 | -184,329 | 136,919 | -11,409 | 134,212 | 22,430 | 66,721 | 25,984 | 60,080 | 114,572 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 12,012 | 2,598 | 918 | 0 | 0 | 0 | -1,882 | 644 | 402 | -405 | 1,169 | -426 | -399 | 897 | 0 |
| Cash flow from operations | 3,442,335 | 19,667 | 3,711,550 | 2,539,397 | 1,048,899 | 3,707,576 | 1,988,942 | 1,441,822 | 882,906 | 1,112,270 | -37,432 | ||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -64,341,530 | -40,174 | -1,716 | -23,955 | -620 | -2,475 | ||||
| Change in Investments | 0 | 0 | 0 | -4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 |
| cash flow from investments | 0 | 0 | 0 | 4 | 0 | -64,341,530 | -40,174 | -1,716 | -23,955 | -620 | -2,475 | ||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | -1,000,000 | 0 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -817,969 | 1,219,219 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -550,000 | -700,000 | 1,250,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -6,933 | -10,283 | 1,088 | -13,508 | 7,957 | -12,137 | 14,611 | -11,980 | 8,654 | -6,911 | 29,442 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -300,000 | 300,000 | 0 | 0 | 0 | 0 | 0 | -5,246 | -6,573 | -6,120 | 17,939 |
| share issue | |||||||||||||||
| interest | 7,738 | 8,502 | 153 | -41,662 | -68,977 | -155,271 | -14,301 | -14,743 | -7,778 | -13,983 | -15,934 | ||||
| cash flow from financing | -817,164 | 1,217,438 | 1,241 | -1,605,170 | -1,061,020 | 2,382,592 | 310 | -26,723 | 876 | -20,893 | 13,508 | ||||
| cash and cash equivalents | |||||||||||||||
| cash | -952,565 | -1,795,370 | 1,674,999 | 880,241 | -39,413 | -343,985 | 877,918 | 23 | 27 | -5 | 62 | -2 | -66,545 | 66,458 | 109 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -669,760 | -140,302 | 344,400 | -287,962 | 753,624 | 0 | 0 | 0 | 0 |
| change in cash | -952,565 | -1,795,370 | 1,674,999 | 880,241 | -39,413 | -343,985 | 1,547,678 | 140,325 | -344,373 | 287,957 | -753,562 | -2 | -66,545 | 66,458 | 109 |
perco (north east) limited Credit Report and Business Information
Perco (north East) Limited Competitor Analysis
Perform a competitor analysis for perco (north east) limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other large companies, companies in TS20 area or any other competitors across 12 key performance metrics.
perco (north east) limited Ownership
PERCO (NORTH EAST) LIMITED group structure
Perco (North East) Limited has 1 subsidiary company.
Ultimate parent company
1 parent
PERCO (NORTH EAST) LIMITED
03125780
1 subsidiary
perco (north east) limited directors
Perco (North East) Limited currently has 3 directors. The longest serving directors include Mr Bahman Baike-Ghazvini (Nov 1995) and Mr Daniel Baike-Ghazvini (Apr 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bahman Baike-Ghazvini | England | 67 years | Nov 1995 | - | Director |
| Mr Daniel Baike-Ghazvini | England | 35 years | Apr 2020 | - | Director |
| Mr Matthew Baike-Ghazvini | England | 30 years | Apr 2020 | - | Director |
P&L
June 2024turnover
92.4m
+14%
operating profit
5.2m
+13%
gross margin
7.4%
-1.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
9m
+0.03%
total assets
11.3m
-0.03%
cash
302k
-0.76%
net assets
Total assets minus all liabilities
perco (north east) limited company details
company number
03125780
Type
Private limited with Share Capital
industry
56290 - Other food service activities
incorporation date
November 1995
age
29
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2024
previous names
N/A
accountant
DMC ACCOUNTING SERVICES LIMITED
auditor
CLA EVELYN PARTNERS LIMITED
address
16 high street, norton, stockton-on-tees, TS20 1DN
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
perco (north east) 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 4 charges/mortgages relating to perco (north east) limited. Currently there are 3 open charges and 1 have been satisfied in the past.
perco (north east) 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 PERCO (NORTH EAST) LIMITED. This can take several minutes, an email will notify you when this has completed.
perco (north east) limited Companies House Filings - See Documents
| date | description | view/download |
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