Premier Pipeline Limited

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premier pipeline limited Company Information

Live

MatureSmallHigh

Company Number

03694607

Website

premierpipeline.co.uk

Registered Address

c/o mha macintyre hudson, buildi, foundation park, maidenhead, SL6 3UD

Industry

Wholesale of other machinery and equipment

Telephone

01422379147

Next Accounts Due

February 2025

Group Structure

View All

Directors

Dan Williamson3 Years

Gabrielle Williamson0 Years

Shareholders

derek john shepherd 61.2%

gabrielle williamson 38.8%

premier pipeline limited Estimated Valuation

£6.3m

Pomanda estimates the enterprise value of PREMIER PIPELINE LIMITED at £6.3m based on Net Assets of £2.4m and 2.6x industry multiple (adjusted for liquidity).

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Premier Pipeline Limited is a live company located in maidenhead, SL6 3UD with a Companies House number of 03694607. It operates in the wholesale of other machinery and equipment sector, SIC Code 46690. Founded in January 1999, it's largest shareholder is derek john shepherd with a 61.2% stake. Premier Pipeline Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.6m with high growth in recent years.

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Pomanda's financial health check has awarded Premier Pipeline Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

5 Strong

4 Regular

3 Weak

Size

annual sales of £4.6m, make it smaller than the average company (£15m)

Growth

3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (4.8%)

EXPORT

Premier Pipeline Limited's latest turnover from May 2023 is estimated at £4.6 million and the company has net assets of £2.4 million. According to their latest financial statements, Premier Pipeline Limited has 11 employees and maintains cash reserves of £356.6 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Turnover	4,638,460	5,608,727	4,198,599	2,570,585	3,114,964	2,606,571	2,898,377	2,073,795	2,489,714	2,867,901	2,536,498	2,260,454	1,311,748	1,226,437
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	3,312,851	4,035,122	3,015,602	1,854,611	2,232,424	1,908,138	2,069,024	1,466,281	1,760,152	2,011,909	1,758,182	1,599,168	931,138	863,046
Gross Profit	1,325,610	1,573,605	1,182,997	715,974	882,540	698,433	829,353	607,515	729,563	855,992	778,316	661,286	380,611	363,390
Admin Expenses	881,149	1,228,332	980,867	711,457	805,252	590,137	529,708	427,161	624,822	628,210	629,133	510,958	313,897	-380,162
Operating Profit	444,461	345,273	202,130	4,517	77,288	108,296	299,645	180,354	104,741	227,782	149,183	150,328	66,714	743,552
Interest Payable	0	0	0	0	1,438	8,316	18,518	12,328	0	0	0	0	0	0
Interest Receivable	14,591	2,784	217	152	776	579	821	2,573	2,265	1,698	2,248	2,630	2,048	902
Pre-Tax Profit	459,052	348,057	202,347	4,669	76,627	100,559	281,948	170,599	107,006	229,480	151,431	152,958	68,762	744,454
Tax	-114,763	-66,131	-38,446	-887	-14,559	-19,106	-53,570	-34,120	-21,401	-48,191	-34,829	-36,710	-17,878	-208,447
Profit After Tax	344,289	281,926	163,901	3,782	62,068	81,453	228,378	136,479	85,605	181,289	116,602	116,248	50,884	536,007
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	344,289	281,926	163,901	3,782	62,068	81,453	228,378	136,479	85,605	181,289	116,602	116,248	50,884	536,007
Employee Costs	526,914	518,860	498,960	496,611	486,977	466,704	353,013	235,956	356,477	423,411	378,244	324,831	216,086	207,710
Number Of Employees	11	11	11	11	11	11	9	6	9	11	10	9	6	6
EBITDA*	508,097	403,367	243,491	46,497	108,946	140,031	319,749	193,447	115,260	234,835	152,194	155,716	71,259	748,068

* Earnings Before Interest, Tax, Depreciation and Amortisation

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Tangible Assets	175,805	112,965	111,267	118,480	103,108	89,298	67,613	35,777	33,437	30,711	12,400	18,934	12,304	16,250
Intangible Assets	0	0	0	0	0	0	0	1	1	1	1	1	1	1
Investments & Other	1,318,084	1,318,084	1,318,082	1,318,082	1,318,082	1,318,082	1,318,082	1,317,934	150,001	150,001	150,001	2	2	2
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	1,493,889	1,431,049	1,429,349	1,436,562	1,421,190	1,407,380	1,385,695	1,353,712	183,439	180,713	162,402	18,937	12,307	16,253
Stock & work in progress	809,192	1,141,176	736,689	540,320	426,468	381,617	235,751	297,928	280,119	278,417	248,635	229,229	159,075	167,095
Trade Debtors	1,011,106	1,010,814	704,159	359,151	559,930	490,628	610,758	491,737	539,356	681,978	537,692	432,465	266,183	266,943
Group Debtors	0	0	0	0	0	0	2,264	708	0	0	0	0	0	0
Misc Debtors	114,714	147,010	79,770	68,404	64,517	44,916	91,483	3,750	0	0	0	0	0	0
Cash	356,578	291,894	264,937	168,138	135,912	71,132	160,487	496,454	532,649	373,347	305,705	593,540	458,458	360,785
misc current assets	0	0	0	0	0	0	0	0	0	0	65,000	0	0	0
total current assets	2,291,590	2,590,894	1,785,555	1,136,013	1,186,827	988,293	1,100,743	1,290,577	1,352,124	1,333,742	1,157,032	1,255,234	883,716	794,823
total assets	3,785,479	4,021,943	3,214,904	2,572,575	2,608,017	2,395,673	2,486,438	2,644,289	1,535,563	1,514,455	1,319,434	1,274,171	896,023	811,076
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	42,599	169,652	379,310	0	0	0	0	0	0
Trade Creditors	713,210	1,387,981	889,767	321,849	570,276	382,360	590,357	271,076	397,928	462,425	448,693	519,826	257,659	223,283
Group/Directors Accounts	300,000	300,000	300,000	300,000	200,000	200,000	0	103,487	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	27,919	15,783	14,895	9,008	7,627	5,864	8,888	0	0	0	0	0	0	0
other current liabilities	225,482	169,395	144,515	267,231	174,970	166,072	157,066	615,223	0	0	0	0	0	0
total current liabilities	1,266,611	1,873,159	1,349,177	898,088	952,873	796,895	925,963	1,369,096	397,928	462,425	448,693	519,826	257,659	223,283
loans	0	0	0	0	0	0	43,628	0	0	0	0	0	0	0
hp & lease commitments	50,623	32,782	31,779	11,126	0	7,627	11,849	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	0	0	0	0	0	0	0	0	0	0	0	0
provisions	28,334	20,380	20,252	13,566	9,131	7,206	2,506	1,079	0	0	0	206	473	786
total long term liabilities	78,957	53,162	52,031	24,692	9,131	14,833	57,983	1,079	0	0	0	206	473	786
total liabilities	1,345,568	1,926,321	1,401,208	922,780	962,004	811,728	983,946	1,370,175	397,928	462,425	448,693	520,032	258,132	224,069
net assets	2,439,911	2,095,622	1,813,696	1,649,795	1,646,013	1,583,945	1,502,492	1,274,114	1,137,635	1,052,030	870,741	754,139	637,891	587,007
total shareholders funds	2,439,911	2,095,622	1,813,696	1,649,795	1,646,013	1,583,945	1,502,492	1,274,114	1,137,635	1,052,030	870,741	754,139	637,891	587,007

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Operating Activities
Operating Profit	444,461	345,273	202,130	4,517	77,288	108,296	299,645	180,354	104,741	227,782	149,183	150,328	66,714	743,552
Depreciation	63,636	58,094	41,361	41,980	31,658	31,735	20,103	13,093	10,519	7,053	3,011	5,388	4,545	4,516
Amortisation	0	0	0	0	0	0	1	0	0	0	0	0	0	0
Tax	-114,763	-66,131	-38,446	-887	-14,559	-19,106	-53,570	-34,120	-21,401	-48,191	-34,829	-36,710	-17,878	-208,447
Stock	-331,984	404,487	196,369	113,852	44,851	145,866	-62,177	17,809	1,702	29,782	19,406	70,154	-8,020	167,095
Debtors	-32,004	373,895	356,374	-196,892	88,903	-168,961	208,310	-43,161	-142,622	144,286	105,227	166,282	-760	266,943
Creditors	-674,771	498,214	567,918	-248,427	187,916	-207,997	319,281	-126,852	-64,497	13,732	-71,133	262,167	34,376	223,283
Accruals and Deferred Income	56,087	24,880	-122,716	92,261	8,898	9,006	-458,157	615,223	0	0	0	0	0	0
Deferred Taxes & Provisions	7,954	128	6,686	4,435	1,925	4,700	1,427	1,079	0	0	-206	-267	-313	786
Cash flow from operations	146,592	82,076	104,190	-23,081	159,372	-50,271	-17,403	674,129	170,282	26,308	-78,607	144,470	96,224	329,652
Investing Activities
capital expenditure	-126,476	-59,792	-34,148	-57,352	-45,468	-53,420	-51,939	-15,433	-13,245	-25,364	3,523	-12,018	-599	-20,767
Change in Investments	0	2	0	0	0	0	148	1,167,933	0	0	149,999	0	0	2
cash flow from investments	-126,476	-59,794	-34,148	-57,352	-45,468	-53,420	-52,087	-1,183,366	-13,245	-25,364	-146,476	-12,018	-599	-20,769
Financing Activities
Bank loans	0	0	0	0	-42,599	-127,053	-209,658	379,310	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	100,000	0	200,000	-103,487	103,487	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	-43,628	43,628	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	29,977	1,891	26,540	12,507	-5,864	-7,246	20,737	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	51,000
interest	14,591	2,784	217	152	-662	-7,737	-17,697	-9,755	2,265	1,698	2,248	2,630	2,048	902
cash flow from financing	44,568	4,675	26,757	112,659	-49,125	14,336	-266,477	473,042	2,265	1,698	2,248	2,630	2,048	51,902
cash and cash equivalents
cash	64,684	26,957	96,799	32,226	64,780	-89,355	-335,967	-36,195	159,302	67,642	-287,835	135,082	97,673	360,785
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	64,684	26,957	96,799	32,226	64,780	-89,355	-335,967	-36,195	159,302	67,642	-287,835	135,082	97,673	360,785

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for premier pipeline limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in SL6 area or any other competitors across 12 key performance metrics.

PREMIER PIPELINE LIMITED group structure

Premier Pipeline Limited has 1 subsidiary company.

Ultimate parent company

PREMIER PIPELINE LIMITED

03694607

1 subsidiary

PRIME-A-PUMP LIMITED

04294408

PREMIER PIPELINE LIMITED Shareholders

derek john shepherd	61.16%
gabrielle williamson	38.84%

Premier Pipeline Limited currently has 2 directors. The longest serving directors include Mr Dan Williamson (Jun 2021) and Mrs Gabrielle Williamson (Jul 2024).

officer	country	age	start	end	role
Mr Dan Williamson	England	44 years	Jun 2021	-	Director
Mrs Gabrielle Williamson	England	44 years	Jul 2024	-	Director

P&L

May 2023

turnover

4.6m

-17%

operating profit

444.5k

gross margin

28.6%

+1.86%

turnover

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

Balance Sheet

May 2023

net assets

2.4m

+0.16%

total assets

3.8m

-0.06%

cash

356.6k

+0.22%

net assets

Total assets minus all liabilities

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company number

03694607

Type

Private limited with Share Capital

industry

46690 - Wholesale of other machinery and equipment

incorporation date

January 1999

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

last accounts submitted

May 2023

address

c/o mha macintyre hudson, buildi, foundation park, maidenhead, SL6 3UD

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 premier pipeline limited.

premier pipeline limited Company Information

premier pipeline limited Estimated Valuation

premier pipeline limited Estimated Valuation

premier pipeline limited Estimated Valuation

Premier Pipeline Limited Overview

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PREMIER PIPELINE LIMITED financials

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