printers incorporated limited

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printers incorporated limited Company Information

Share PRINTERS INCORPORATED LIMITED

Company Number

03258002

Shareholders

lea higgins

allan francis thornton

Group Structure

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Industry

Printing (other than printing of newspapers and printing on labels and tags) n.e.c.

 

Registered Address

metro building, unit 7 mowat industrial estate, sandown road watford, hertfordshire, WD24 7UY

printers incorporated limited Estimated Valuation

£128.9k

Pomanda estimates the enterprise value of PRINTERS INCORPORATED LIMITED at £128.9k based on a Turnover of £428.2k and 0.3x industry multiple (adjusted for size and gross margin).

printers incorporated limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PRINTERS INCORPORATED LIMITED at £0 based on an EBITDA of £-93.4k and a 2.41x industry multiple (adjusted for size and gross margin).

printers incorporated limited Estimated Valuation

£152.2k

Pomanda estimates the enterprise value of PRINTERS INCORPORATED LIMITED at £152.2k based on Net Assets of £98.9k and 1.54x industry multiple (adjusted for liquidity).

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Printers Incorporated Limited Overview

Printers Incorporated Limited is a live company located in sandown road watford, WD24 7UY with a Companies House number of 03258002. It operates in the printing n.e.c. sector, SIC Code 18129. Founded in October 1996, it's largest shareholder is lea higgins with a 50% stake. Printers Incorporated Limited is a mature, micro sized company, Pomanda has estimated its turnover at £428.2k with declining growth in recent years.

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Printers Incorporated Limited Health Check

Pomanda's financial health check has awarded Printers Incorporated Limited a 2 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

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £428.2k, make it smaller than the average company (£10.4m)

£428.2k - Printers Incorporated Limited

£10.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (3.2%)

-8% - Printers Incorporated Limited

3.2% - Industry AVG

production

Production

with a gross margin of 22%, this company has a higher cost of product (31%)

22% - Printers Incorporated Limited

31% - Industry AVG

profitability

Profitability

an operating margin of -21.8% make it less profitable than the average company (4.1%)

-21.8% - Printers Incorporated Limited

4.1% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (61)

3 - Printers Incorporated Limited

61 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.3k, the company has an equivalent pay structure (£37.3k)

£37.3k - Printers Incorporated Limited

£37.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £142.7k, this is equally as efficient (£144.6k)

£142.7k - Printers Incorporated Limited

£144.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 116 days, this is later than average (51 days)

116 days - Printers Incorporated Limited

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 41 days, this is quicker than average (58 days)

41 days - Printers Incorporated Limited

58 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Printers Incorporated Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Printers Incorporated Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 27.8%, this is a lower level of debt than the average (63.2%)

27.8% - Printers Incorporated Limited

63.2% - Industry AVG

PRINTERS INCORPORATED LIMITED financials

EXPORTms excel logo

Printers Incorporated Limited's latest turnover from October 2023 is estimated at £428.2 thousand and the company has net assets of £98.9 thousand. According to their latest financial statements, Printers Incorporated Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover428,239565,463547,612557,911546,778572,406805,969149,168246,659189,645263,506358,125318,287366,2380
Other Income Or Grants000000000000000
Cost Of Sales333,995438,711430,033435,570422,021432,322595,919109,592184,716142,129198,670262,099227,898268,2500
Gross Profit94,245126,752117,579122,342124,757140,084210,05039,57661,94347,51664,83796,02690,38997,9880
Admin Expenses187,675127,350100,821122,149119,042137,952177,34929,15533,58375,99054,78680,60533,427100,776-111,807
Operating Profit-93,430-59816,7581935,7152,13232,70110,42128,360-28,47410,05115,42156,962-2,788111,807
Interest Payable000000000000000
Interest Receivable000000224432750743827794673623326
Pre-Tax Profit-93,430-59816,7581935,7152,13232,92510,85429,110-27,73110,87816,21457,635-2,165112,133
Tax00-3,184-37-1,086-405-6,256-2,171-5,8220-2,502-3,891-14,9850-31,397
Profit After Tax-93,430-59813,5741564,6291,72726,6698,68323,288-27,7318,37612,32342,650-2,16580,736
Dividends Paid000000000000000
Retained Profit-93,430-59813,5741564,6291,72726,6698,68323,288-27,7318,37612,32342,650-2,16580,736
Employee Costs111,942106,84067,14369,98768,73066,938192,21364,60164,05163,49861,01893,89496,55592,4760
Number Of Employees332222622223330
EBITDA*-93,430-59816,7581935,7152,13232,70110,63428,360-28,35710,16815,53859,767-588116,014

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets7211,0815501468811,6162,3518110011723535102,688
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets7211,0815501468811,6162,3518110011723535102,688
Stock & work in progress000000000000000
Trade Debtors136,258228,538235,366213,298223,405236,452246,65830,14857,59442,74458,32482,77075,90788,79693,806
Group Debtors000000000000000
Misc Debtors000000000000000
Cash0000000179,191166,647133,160164,103166,677150,752118,498130,566
misc current assets000000000000000
total current assets136,258228,538235,366213,298223,405236,452246,658209,339224,241175,904222,427249,447226,659207,294224,372
total assets136,979229,619235,916213,444224,286238,068249,009210,150224,241175,904222,544249,682227,010207,294227,060
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 38,09237,30243,00134,10345,10163,51276,18062,88385,52361,61580,524116,038104,561122,000139,586
Group/Directors Accounts00000001,0071,1410001,1286,6236,638
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities38,09237,30243,00134,10345,10163,51276,18063,89086,66461,61580,524116,038105,689128,623146,224
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities38,09237,30243,00134,10345,10163,51276,18063,89086,66461,61580,524116,038105,689128,623146,224
net assets98,887192,317192,915179,341179,185174,556172,829146,260137,577114,289142,020133,644121,32178,67180,836
total shareholders funds98,887192,317192,915179,341179,185174,556172,829146,260137,577114,289142,020133,644121,32178,67180,836
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit-93,430-59816,7581935,7152,13232,70110,42128,360-28,47410,05115,42156,962-2,788111,807
Depreciation000000021301171171172,8052,2004,207
Amortisation000000000000000
Tax00-3,184-37-1,086-405-6,256-2,171-5,8220-2,502-3,891-14,9850-31,397
Stock000000000000000
Debtors-92,280-6,82822,068-10,107-13,047-10,206216,510-27,44614,850-15,580-24,4466,863-12,889-5,01093,806
Creditors790-5,6998,898-10,998-18,411-12,66813,297-22,64023,908-18,909-35,51411,477-17,439-17,586139,586
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-360531404-735-735-735-176,76813,26931,596-31,686-3,40216,26140,232-13,164130,397
Investing Activities
capital expenditure360-531-404735735735-1,540-1,024001-1-3,156488-6,895
Change in Investments000000000000000
cash flow from investments360-531-404735735735-1,540-1,024001-1-3,156488-6,895
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000-1,007-1341,14100-1,128-5,495-156,638
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000-1000000000100
interest000000224432750743827794673623326
cash flow from financing000000-8832981,891743827-334-4,8226087,064
cash and cash equivalents
cash000000-179,19112,54433,487-30,943-2,57415,92532,254-12,068130,566
overdraft000000000000000
change in cash000000-179,19112,54433,487-30,943-2,57415,92532,254-12,068130,566

printers incorporated 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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Printers Incorporated Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for printers incorporated limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in WD24 area or any other competitors across 12 key performance metrics.

printers incorporated limited Ownership

PRINTERS INCORPORATED LIMITED group structure

Printers Incorporated Limited has no subsidiary companies.

Ultimate parent company

PRINTERS INCORPORATED LIMITED

03258002

PRINTERS INCORPORATED LIMITED Shareholders

lea higgins 50%
allan francis thornton 50%

printers incorporated limited directors

Printers Incorporated Limited currently has 2 directors. The longest serving directors include Mr Allan Thornton (Mar 1998) and Ms Lea Higgins (Oct 2004).

officercountryagestartendrole
Mr Allan ThorntonEngland61 years Mar 1998- Director
Ms Lea Higgins65 years Oct 2004- Director

P&L

October 2023

turnover

428.2k

-24%

operating profit

-93.4k

0%

gross margin

22.1%

-1.82%

turnover

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

Balance Sheet

October 2023

net assets

98.9k

-0.49%

total assets

137k

-0.4%

cash

0

0%

net assets

Total assets minus all liabilities

printers incorporated limited company details

company number

03258002

Type

Private limited with Share Capital

industry

18129 - Printing (other than printing of newspapers and printing on labels and tags) n.e.c.

incorporation date

October 1996

age

29

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

metro building, unit 7 mowat industrial estate, sandown road watford, hertfordshire, WD24 7UY

Bank

-

Legal Advisor

-

printers incorporated 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 printers incorporated limited.

printers incorporated 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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printers incorporated limited Companies House Filings - See Documents

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