precision sheet products limited
precision sheet products limited Company Information
Company Number
03315843
Website
psp.gb.netRegistered Address
linden house linden close, tunbridge wells, TN4 8HH
Industry
Machining
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
stephen paul smith 75%
karen smith 25%
precision sheet products limited Estimated Valuation
Pomanda estimates the enterprise value of PRECISION SHEET PRODUCTS LIMITED at £417k based on a Turnover of £1.3m and 0.32x industry multiple (adjusted for size and gross margin).
precision sheet products limited Estimated Valuation
Pomanda estimates the enterprise value of PRECISION SHEET PRODUCTS LIMITED at £59.1k based on an EBITDA of £22.5k and a 2.62x industry multiple (adjusted for size and gross margin).
precision sheet products limited Estimated Valuation
Pomanda estimates the enterprise value of PRECISION SHEET PRODUCTS LIMITED at £610.6k based on Net Assets of £353.3k and 1.73x industry multiple (adjusted for liquidity).
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Precision Sheet Products Limited Overview
Precision Sheet Products Limited is a live company located in tunbridge wells, TN4 8HH with a Companies House number of 03315843. It operates in the machining sector, SIC Code 25620. Founded in February 1997, it's largest shareholder is stephen paul smith with a 75% stake. Precision Sheet Products Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with low growth in recent years.
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Precision Sheet Products Limited Health Check
Pomanda's financial health check has awarded Precision Sheet Products 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
1 Strong
2 Regular
7 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£9.1m)
- Precision Sheet Products Limited
£9.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (0.8%)
- Precision Sheet Products Limited
0.8% - Industry AVG
Production
with a gross margin of 17.1%, this company has a higher cost of product (27.9%)
- Precision Sheet Products Limited
27.9% - Industry AVG
Profitability
an operating margin of 1.7% make it less profitable than the average company (6.5%)
- Precision Sheet Products Limited
6.5% - Industry AVG
Employees
with 10 employees, this is below the industry average (69)
10 - Precision Sheet Products Limited
69 - Industry AVG
Pay Structure
on an average salary of £41.3k, the company has an equivalent pay structure (£41.3k)
- Precision Sheet Products Limited
£41.3k - Industry AVG
Efficiency
resulting in sales per employee of £129.9k, this is equally as efficient (£124.9k)
- Precision Sheet Products Limited
£124.9k - Industry AVG
Debtor Days
it gets paid by customers after 129 days, this is later than average (66 days)
- Precision Sheet Products Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is quicker than average (52 days)
- Precision Sheet Products Limited
52 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Precision Sheet Products Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Precision Sheet Products Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27%, this is a lower level of debt than the average (48.5%)
27% - Precision Sheet Products Limited
48.5% - Industry AVG
PRECISION SHEET PRODUCTS LIMITED financials
Precision Sheet Products Limited's latest turnover from March 2023 is estimated at £1.3 million and the company has net assets of £353.3 thousand. According to their latest financial statements, Precision Sheet Products Limited has 10 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 11 | 10 | 10 | 8 | 7 | 4 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 22,717 | 30,941 | 40,356 | 52,260 | 63,842 | 67,076 | 80,138 | 79,844 | 348,249 | 389,524 | 274,780 | 286,340 | 287,405 | 297,869 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 22,717 | 30,941 | 40,356 | 52,260 | 63,842 | 67,076 | 80,138 | 79,844 | 348,249 | 389,524 | 274,780 | 286,340 | 287,405 | 297,869 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,246 | 45,000 | 45,000 | 5,000 | 5,000 | 5,000 | 5,000 |
| Trade Debtors | 461,521 | 433,127 | 392,804 | 449,375 | 243,913 | 230,255 | 230,533 | 120,726 | 136,765 | 96,037 | 102,810 | 88,084 | 78,972 | 117,603 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 355 | 0 | 0 | 0 | 48,172 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 622,524 | 141,531 | 137,536 | 246,341 | 142,867 | 150,649 | 138,885 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 461,521 | 433,127 | 392,804 | 449,375 | 243,913 | 230,610 | 230,533 | 751,496 | 323,296 | 326,745 | 354,151 | 235,951 | 234,621 | 261,488 |
| total assets | 484,238 | 464,068 | 433,160 | 501,635 | 307,755 | 297,686 | 310,671 | 831,340 | 671,545 | 716,269 | 628,931 | 522,291 | 522,026 | 559,357 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 130,892 | 128,947 | 107,718 | 169,387 | 127,162 | 123,444 | 152,391 | 105,877 | 125,493 | 99,290 | 129,037 | 78,109 | 84,698 | 95,254 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 130,892 | 128,947 | 107,718 | 169,387 | 127,162 | 123,444 | 152,391 | 105,877 | 125,493 | 99,290 | 129,037 | 78,109 | 84,698 | 95,254 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 41,667 | 0 | 0 | 0 | 10,250 | 40,058 | 68,393 | 95,266 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,159 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 41,667 | 0 | 0 | 0 | 10,250 | 55,217 | 68,393 | 95,266 | 0 | 0 | 0 | 0 |
| total liabilities | 130,892 | 128,947 | 149,385 | 169,387 | 127,162 | 123,444 | 162,641 | 161,094 | 193,886 | 194,556 | 129,037 | 78,109 | 84,698 | 95,254 |
| net assets | 353,346 | 335,121 | 283,775 | 332,248 | 180,593 | 174,242 | 148,030 | 670,246 | 477,659 | 521,713 | 499,894 | 444,182 | 437,328 | 464,103 |
| total shareholders funds | 353,346 | 335,121 | 283,775 | 332,248 | 180,593 | 174,242 | 148,030 | 670,246 | 477,659 | 521,713 | 499,894 | 444,182 | 437,328 | 464,103 |
| 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 | 32,703 | 41,447 | 53,032 | 12,608 | 14,275 | 12,449 | 13,724 | |||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -8,246 | -36,754 | 0 | 40,000 | 0 | 0 | 0 | 5,000 |
| Debtors | 28,394 | 40,323 | -56,571 | 205,462 | 13,303 | 77 | 109,807 | -16,039 | -7,444 | 41,399 | 14,726 | 9,112 | -38,631 | 117,603 |
| Creditors | 1,945 | 21,229 | -61,669 | 42,225 | 3,718 | -28,947 | 46,514 | -19,616 | 26,203 | -29,747 | 50,928 | -6,589 | -10,556 | 95,254 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -15,159 | 15,159 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 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 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -41,667 | 41,667 | 0 | 0 | -10,250 | -29,808 | -28,335 | -26,873 | 95,266 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -622,524 | 480,993 | 3,995 | -108,805 | 103,474 | -7,782 | 11,764 | 138,885 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -622,524 | 480,993 | 3,995 | -108,805 | 103,474 | -7,782 | 11,764 | 138,885 |
precision sheet products limited Credit Report and Business Information
Precision Sheet Products Limited Competitor Analysis
Perform a competitor analysis for precision sheet products limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in TN4 area or any other competitors across 12 key performance metrics.
precision sheet products limited Ownership
PRECISION SHEET PRODUCTS LIMITED group structure
Precision Sheet Products Limited has no subsidiary companies.
Ultimate parent company
2 parents
PRECISION SHEET PRODUCTS LIMITED
03315843
precision sheet products limited directors
Precision Sheet Products Limited currently has 2 directors. The longest serving directors include Mrs Karen Smith (Jan 2017) and Mr Stephen Smith (Jan 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Karen Smith | England | 59 years | Jan 2017 | - | Director |
| Mr Stephen Smith | England | 57 years | Jan 2017 | - | Director |
P&L
March 2023turnover
1.3m
+11%
operating profit
22.5k
0%
gross margin
17.1%
+0.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
353.3k
+0.05%
total assets
484.2k
+0.04%
cash
0
0%
net assets
Total assets minus all liabilities
precision sheet products limited company details
company number
03315843
Type
Private limited with Share Capital
industry
25620 - Machining
incorporation date
February 1997
age
27
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
BSR BESPOKE CHARTERED ACCOUNTANTS
auditor
-
address
linden house linden close, tunbridge wells, TN4 8HH
Bank
-
Legal Advisor
-
precision sheet products 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 2 charges/mortgages relating to precision sheet products limited. Currently there are 0 open charges and 2 have been satisfied in the past.
precision sheet products limited Companies House Filings - See Documents
| date | description | view/download |
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