the first mailing company limited Company Information
Company Number
03618405
Next Accounts
Dec 2025
Directors
Shareholders
mr stuart michael searle
mrs amanda searle
Group Structure
View All
Industry
Printing (other than printing of newspapers and printing on labels and tags) n.e.c.
Registered Address
11 glebe road, huntingdon, cambridgeshire, PE29 7HH
Website
http://firstmailing.co.ukthe first mailing company limited Estimated Valuation
Pomanda estimates the enterprise value of THE FIRST MAILING COMPANY LIMITED at £570.9k based on a Turnover of £1.6m and 0.35x industry multiple (adjusted for size and gross margin).
the first mailing company limited Estimated Valuation
Pomanda estimates the enterprise value of THE FIRST MAILING COMPANY LIMITED at £0 based on an EBITDA of £-11.8k and a 2.83x industry multiple (adjusted for size and gross margin).
the first mailing company limited Estimated Valuation
Pomanda estimates the enterprise value of THE FIRST MAILING COMPANY LIMITED at £244.2k based on Net Assets of £158.7k and 1.54x industry multiple (adjusted for liquidity).
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The First Mailing Company Limited Overview
The First Mailing Company Limited is a live company located in cambridgeshire, PE29 7HH with a Companies House number of 03618405. It operates in the printing n.e.c. sector, SIC Code 18129. Founded in August 1998, it's largest shareholder is mr stuart michael searle with a 76% stake. The First Mailing Company Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with healthy growth in recent years.
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The First Mailing Company Limited Health Check
Pomanda's financial health check has awarded The First Mailing Company Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
5 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£10.4m)
- The First Mailing Company Limited
£10.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (7.1%)
- The First Mailing Company Limited
7.1% - Industry AVG
Production
with a gross margin of 29.3%, this company has a comparable cost of product (29.3%)
- The First Mailing Company Limited
29.3% - Industry AVG
Profitability
an operating margin of -3.9% make it less profitable than the average company (4%)
- The First Mailing Company Limited
4% - Industry AVG
Employees
with 17 employees, this is below the industry average (61)
17 - The First Mailing Company Limited
61 - Industry AVG
Pay Structure
on an average salary of £37.6k, the company has an equivalent pay structure (£37.6k)
- The First Mailing Company Limited
£37.6k - Industry AVG
Efficiency
resulting in sales per employee of £94.9k, this is less efficient (£144.4k)
- The First Mailing Company Limited
£144.4k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is near the average (49 days)
- The First Mailing Company Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 49 days, this is quicker than average (56 days)
- The First Mailing Company Limited
56 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The First Mailing Company Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is more cash available to meet short term requirements (9 weeks)
29 weeks - The First Mailing Company Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.9%, this is a similar level of debt than the average (66.3%)
70.9% - The First Mailing Company Limited
66.3% - Industry AVG
THE FIRST MAILING COMPANY LIMITED financials
The First Mailing Company Limited's latest turnover from March 2024 is estimated at £1.6 million and the company has net assets of £158.7 thousand. According to their latest financial statements, The First Mailing Company Limited has 17 employees and maintains cash reserves of £140.2 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 | 17 | 17 | 17 | 17 | 17 | 18 | 17 | 19 | 18 | ||||||
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 | 185,325 | 231,500 | 146,751 | 215,750 | 70,927 | 64,918 | 87,553 | 98,995 | 81,631 | 92,876 | 79,769 | 87,484 | 107,281 | 93,544 | 97,256 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 185,425 | 231,600 | 146,851 | 215,850 | 71,027 | 65,018 | 87,653 | 99,095 | 81,731 | 92,976 | 79,869 | 87,584 | 107,381 | 93,544 | 97,256 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 202,494 | 126,467 | 185,576 | 157,059 | 168,313 | 196,885 | 218,485 | 240,961 | 255,994 | 418,285 | 368,729 | 321,019 | 346,353 | 324,230 | 259,199 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 91,834 | 85,480 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 16,606 | 14,283 | 14,463 | 14,215 | 5,257 | 850 | 4,455 | 4,272 | 123,017 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 140,212 | 200,580 | 395,598 | 300,708 | 193,914 | 150,872 | 103,334 | 142,929 | 91,990 | 62,300 | 71,177 | 67,416 | 68,635 | 51,183 | 72,090 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 359,312 | 341,330 | 595,637 | 471,982 | 367,484 | 348,607 | 418,108 | 473,642 | 471,001 | 480,585 | 439,906 | 388,435 | 414,988 | 375,413 | 331,289 |
total assets | 544,737 | 572,930 | 742,488 | 687,832 | 438,511 | 413,625 | 505,761 | 572,737 | 552,732 | 573,561 | 519,775 | 476,019 | 522,369 | 468,957 | 428,545 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 30,000 | 30,000 | 30,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 153,169 | 190,950 | 222,423 | 44,647 | 65,686 | 99,117 | 102,241 | 109,627 | 96,937 | 218,788 | 158,334 | 145,724 | 226,807 | 238,318 | 216,671 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 11,183 | 12,533 | 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 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 60,892 | 21,779 | 95,652 | 85,874 | 58,394 | 68,046 | 56,405 | 52,429 | 78,091 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 244,061 | 242,729 | 348,075 | 130,521 | 124,080 | 167,163 | 169,829 | 174,589 | 175,028 | 218,788 | 158,334 | 145,724 | 226,807 | 238,318 | 216,671 |
loans | 30,000 | 60,000 | 117,500 | 150,000 | 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 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 74,000 | 650 | 1,300 | 47,389 | 2,600 | 3,250 | 3,900 | 4,550 | 5,200 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 37,994 | 47,914 | 25,059 | 33,425 | 10,604 | 7,925 | 11,815 | 13,485 | 11,994 | 13,281 | 13,420 | 13,477 | 15,670 | 12,044 | 12,799 |
total long term liabilities | 141,994 | 108,564 | 143,859 | 230,814 | 13,204 | 11,175 | 15,715 | 18,035 | 17,194 | 13,281 | 13,420 | 13,477 | 15,670 | 12,044 | 12,799 |
total liabilities | 386,055 | 351,293 | 491,934 | 361,335 | 137,284 | 178,338 | 185,544 | 192,624 | 192,222 | 232,069 | 171,754 | 159,201 | 242,477 | 250,362 | 229,470 |
net assets | 158,682 | 221,637 | 250,554 | 326,497 | 301,227 | 235,287 | 320,217 | 380,113 | 360,510 | 341,492 | 348,021 | 316,818 | 279,892 | 218,595 | 199,075 |
total shareholders funds | 158,682 | 221,637 | 250,554 | 326,497 | 301,227 | 235,287 | 320,217 | 380,113 | 360,510 | 341,492 | 348,021 | 316,818 | 279,892 | 218,595 | 199,075 |
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 | 51,675 | 81,705 | 82,189 | 21,176 | 14,841 | 14,665 | 18,227 | 14,684 | 12,275 | 11,382 | 11,915 | 12,144 | 14,003 | 12,162 | 12,699 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 78,350 | -59,289 | 28,765 | -2,296 | -24,165 | -117,039 | -15,939 | -48,298 | -39,274 | 49,556 | 47,710 | -25,334 | 22,123 | 65,031 | 259,199 |
Creditors | -37,781 | -31,473 | 177,776 | -21,039 | -33,431 | -3,124 | -7,386 | 12,690 | -121,851 | 60,454 | 12,610 | -81,083 | -11,511 | 21,647 | 216,671 |
Accruals and Deferred Income | 39,113 | -73,873 | 9,778 | 27,480 | -9,652 | 11,641 | 3,976 | -25,662 | 78,091 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -9,920 | 22,855 | -8,366 | 22,821 | 2,679 | -3,890 | -1,670 | 1,491 | -1,287 | -139 | -57 | -2,193 | 3,626 | -755 | 12,799 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 30,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -11,183 | -1,350 | 12,533 | 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 | 0 |
Long term loans | -30,000 | -57,500 | -32,500 | 150,000 | 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 | 0 |
other long term liabilities | 73,350 | -650 | -46,089 | 44,789 | -650 | -650 | -650 | -650 | 5,200 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -60,368 | -195,018 | 94,890 | 106,794 | 43,042 | 47,538 | -39,595 | 50,939 | 29,690 | -8,877 | 3,761 | -1,219 | 17,452 | -20,907 | 72,090 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -60,368 | -195,018 | 94,890 | 106,794 | 43,042 | 47,538 | -39,595 | 50,939 | 29,690 | -8,877 | 3,761 | -1,219 | 17,452 | -20,907 | 72,090 |
the first mailing company limited Credit Report and Business Information
The First Mailing Company Limited Competitor Analysis
Perform a competitor analysis for the first mailing company limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in PE29 area or any other competitors across 12 key performance metrics.
the first mailing company limited Ownership
THE FIRST MAILING COMPANY LIMITED group structure
The First Mailing Company Limited has 1 subsidiary company.
Ultimate parent company
THE FIRST MAILING COMPANY LIMITED
03618405
1 subsidiary
the first mailing company limited directors
The First Mailing Company Limited currently has 1 director, Mr Stuart Searle serving since Aug 1998.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Stuart Searle | England | 56 years | Aug 1998 | - | Director |
P&L
March 2024turnover
1.6m
+21%
operating profit
-63.5k
0%
gross margin
29.4%
-6.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
158.7k
-0.28%
total assets
544.7k
-0.05%
cash
140.2k
-0.3%
net assets
Total assets minus all liabilities
the first mailing company limited company details
company number
03618405
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
August 1998
age
27
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
GEORGE HAY PARTNERSHIP LLP
auditor
-
address
11 glebe road, huntingdon, cambridgeshire, PE29 7HH
Bank
-
Legal Advisor
-
the first mailing company 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 1 charges/mortgages relating to the first mailing company limited. Currently there are 1 open charges and 0 have been satisfied in the past.
the first mailing company 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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the first mailing company limited Companies House Filings - See Documents
date | description | view/download |
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