pinnacle heating services limited
pinnacle heating services limited Company Information
Company Number
03407197
Website
pinnacleheating.co.ukRegistered Address
two snowhill, birmingham, B4 6GA
Industry
Plumbing, heat and air-conditioning installation
Telephone
-
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
anthony paul mynard 50%
james tough 50%
pinnacle heating services limited Estimated Valuation
Pomanda estimates the enterprise value of PINNACLE HEATING SERVICES LIMITED at £1.2m based on a Turnover of £3.1m and 0.4x industry multiple (adjusted for size and gross margin).
pinnacle heating services limited Estimated Valuation
Pomanda estimates the enterprise value of PINNACLE HEATING SERVICES LIMITED at £0 based on an EBITDA of £-49.3k and a 4.59x industry multiple (adjusted for size and gross margin).
pinnacle heating services limited Estimated Valuation
Pomanda estimates the enterprise value of PINNACLE HEATING SERVICES LIMITED at £63.4k based on Net Assets of £19.5k and 3.25x industry multiple (adjusted for liquidity).
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Pinnacle Heating Services Limited Overview
Pinnacle Heating Services Limited is a dissolved company that was located in birmingham, B4 6GA with a Companies House number of 03407197. It operated in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in July 1997, it's largest shareholder was anthony paul mynard with a 50% stake. The last turnover for Pinnacle Heating Services Limited was estimated at £3.1m.
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Pinnacle Heating Services Limited Health Check
Pomanda's financial health check has awarded Pinnacle Heating Services Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £3.1m, make it larger than the average company (£191.1k)
- Pinnacle Heating Services Limited
£191.1k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Pinnacle Heating Services Limited
- - Industry AVG
Production
with a gross margin of 26.8%, this company has a higher cost of product (41.2%)
- Pinnacle Heating Services Limited
41.2% - Industry AVG
Profitability
an operating margin of -3% make it less profitable than the average company (10.9%)
- Pinnacle Heating Services Limited
10.9% - Industry AVG
Employees
with 17 employees, this is below the industry average (56)
- Pinnacle Heating Services Limited
56 - Industry AVG
Pay Structure
on an average salary of £32.1k, the company has an equivalent pay structure (£32.1k)
- Pinnacle Heating Services Limited
£32.1k - Industry AVG
Efficiency
resulting in sales per employee of £180.8k, this is more efficient (£106.8k)
- Pinnacle Heating Services Limited
£106.8k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is later than average (39 days)
- Pinnacle Heating Services Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 173 days, this is slower than average (46 days)
- Pinnacle Heating Services Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 83 days, this is more than average (10 days)
- Pinnacle Heating Services Limited
10 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Pinnacle Heating Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.2%, this is a higher level of debt than the average (76.7%)
98.2% - Pinnacle Heating Services Limited
76.7% - Industry AVG
PINNACLE HEATING SERVICES LIMITED financials
Pinnacle Heating Services Limited's latest turnover from July 2010 is estimated at £3.1 million and the company has net assets of £19.5 thousand. According to their latest financial statements, we estimate that Pinnacle Heating Services Limited has 17 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2010 | Jul 2009 | |
|---|---|---|
| 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2010 | Jul 2009 | |
|---|---|---|
| Tangible Assets | 48,151 | 89,095 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 48,151 | 89,095 |
| Stock & work in progress | 517,612 | 252,543 |
| Trade Debtors | 519,907 | 638,952 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 4,678 | 0 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 1,042,197 | 891,495 |
| total assets | 1,090,348 | 980,590 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 1,068,505 | 839,790 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 1,068,505 | 839,790 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 2,330 | 29,039 |
| provisions | 0 | 0 |
| total long term liabilities | 2,330 | 29,039 |
| total liabilities | 1,070,835 | 868,829 |
| net assets | 19,513 | 111,761 |
| total shareholders funds | 19,513 | 111,761 |
| Jul 2010 | Jul 2009 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 42,928 | 42,805 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 265,069 | 252,543 |
| Debtors | -114,367 | 638,952 |
| Creditors | 228,715 | 839,790 |
| Accruals and Deferred Income | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | -26,709 | 29,039 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
pinnacle heating services limited Credit Report and Business Information
Pinnacle Heating Services Limited Competitor Analysis
Perform a competitor analysis for pinnacle heating services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
pinnacle heating services limited Ownership
PINNACLE HEATING SERVICES LIMITED group structure
Pinnacle Heating Services Limited has no subsidiary companies.
Ultimate parent company
PINNACLE HEATING SERVICES LIMITED
03407197
pinnacle heating services limited directors
Pinnacle Heating Services Limited currently has 2 directors. The longest serving directors include Mr James Tough (Jul 1997) and Mr Antony Mynard (Jul 2002).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Tough | United Kingdom | 50 years | Jul 1997 | - | Director |
| Mr Antony Mynard | 61 years | Jul 2002 | - | Director |
P&L
July 2010turnover
3.1m
0%
operating profit
-92.2k
0%
gross margin
26.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2010net assets
19.5k
-0.83%
total assets
1.1m
+0.11%
cash
0
0%
net assets
Total assets minus all liabilities
pinnacle heating services limited company details
company number
03407197
Type
Private limited with Share Capital
industry
43220 - Plumbing, heat and air-conditioning installation
incorporation date
July 1997
age
27
accounts
Total Exemption Small
ultimate parent company
previous names
N/A
incorporated
UK
address
two snowhill, birmingham, B4 6GA
last accounts submitted
July 2010
pinnacle heating services 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 pinnacle heating services limited. Currently there are 1 open charges and 1 have been satisfied in the past.
pinnacle heating services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
