preston carpets & furniture ltd
preston carpets & furniture ltd Company Information
Company Number
03887201
Next Accounts
Jul 2025
Directors
Shareholders
sabbir patel
adam patel
View AllGroup Structure
View All
Industry
Retail sale of textiles in specialised stores
+1Registered Address
134-136 new hall lane, preston, PR1 4DX
Website
www.prestoncarpets.compreston carpets & furniture ltd Estimated Valuation
Pomanda estimates the enterprise value of PRESTON CARPETS & FURNITURE LTD at £52.6k based on a Turnover of £121.4k and 0.43x industry multiple (adjusted for size and gross margin).
preston carpets & furniture ltd Estimated Valuation
Pomanda estimates the enterprise value of PRESTON CARPETS & FURNITURE LTD at £0 based on an EBITDA of £-130 and a 3.33x industry multiple (adjusted for size and gross margin).
preston carpets & furniture ltd Estimated Valuation
Pomanda estimates the enterprise value of PRESTON CARPETS & FURNITURE LTD at £40k based on Net Assets of £17.2k and 2.33x industry multiple (adjusted for liquidity).
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Preston Carpets & Furniture Ltd Overview
Preston Carpets & Furniture Ltd is a live company located in preston, PR1 4DX with a Companies House number of 03887201. It operates in the retail sale of textiles in specialised stores sector, SIC Code 47510. Founded in December 1999, it's largest shareholder is sabbir patel with a 25% stake. Preston Carpets & Furniture Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £121.4k with declining growth in recent years.
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Preston Carpets & Furniture Ltd Health Check
Pomanda's financial health check has awarded Preston Carpets & Furniture Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £121.4k, make it smaller than the average company (£2.6m)
- Preston Carpets & Furniture Ltd
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (8.8%)
- Preston Carpets & Furniture Ltd
8.8% - Industry AVG
Production
with a gross margin of 30.9%, this company has a higher cost of product (44.6%)
- Preston Carpets & Furniture Ltd
44.6% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (3.7%)
- Preston Carpets & Furniture Ltd
3.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (20)
1 - Preston Carpets & Furniture Ltd
20 - Industry AVG
Pay Structure
on an average salary of £28.7k, the company has an equivalent pay structure (£28.7k)
- Preston Carpets & Furniture Ltd
£28.7k - Industry AVG
Efficiency
resulting in sales per employee of £121.4k, this is less efficient (£143.1k)
- Preston Carpets & Furniture Ltd
£143.1k - Industry AVG
Debtor Days
it gets paid by customers after 84 days, this is later than average (20 days)
- Preston Carpets & Furniture Ltd
20 days - Industry AVG
Creditor Days
its suppliers are paid after 237 days, this is slower than average (36 days)
- Preston Carpets & Furniture Ltd
36 days - Industry AVG
Stock Days
it holds stock equivalent to 42 days, this is less than average (82 days)
- Preston Carpets & Furniture Ltd
82 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 32 weeks, this is more cash available to meet short term requirements (15 weeks)
32 weeks - Preston Carpets & Furniture Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.1%, this is a similar level of debt than the average (70.1%)
76.1% - Preston Carpets & Furniture Ltd
70.1% - Industry AVG
PRESTON CARPETS & FURNITURE LTD financials
Preston Carpets & Furniture Ltd's latest turnover from October 2023 is estimated at £121.4 thousand and the company has net assets of £17.2 thousand. According to their latest financial statements, Preston Carpets & Furniture Ltd has 1 employee and maintains cash reserves of £34 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 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 | 1 | 2 | 2 | 2 | |||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1 | 1 | 389 | 778 | |||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1 | 1 | 389 | 778 | |||||||||||
| Stock & work in progress | 9,850 | 9,980 | 10,100 | 10,100 | 10,154 | 9,670 | 9,214 | 16,321 | 17,895 | 17,417 | |||||
| Trade Debtors | 28,015 | 26,026 | 86,236 | 66,661 | 36,657 | 37,716 | 33,383 | 1,469 | 880 | 1,009 | 1,365 | 1,182 | 3,415 | 2,171 | 2,328 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 844 | 844 | 844 | ||||||||||||
| Cash | 33,982 | 39,093 | 17,461 | 23,991 | 19,487 | 14,169 | 13,137 | 19,545 | 15,036 | 17,393 | |||||
| misc current assets | 844 | 844 | |||||||||||||
| total current assets | 71,847 | 75,099 | 87,080 | 67,505 | 37,501 | 38,560 | 34,227 | 29,030 | 34,971 | 30,650 | 25,204 | 23,533 | 39,281 | 35,102 | 37,138 |
| total assets | 71,847 | 75,099 | 87,080 | 67,505 | 37,501 | 38,560 | 34,227 | 29,031 | 34,972 | 31,039 | 25,982 | 23,533 | 39,281 | 35,102 | 37,138 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 54,667 | 59,260 | 68,447 | 56,626 | 35,268 | 36,198 | 32,632 | 18,186 | 25,692 | 21,940 | 18,999 | 22,405 | 25,286 | 23,422 | 24,042 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 54,667 | 59,260 | 68,447 | 56,626 | 35,268 | 36,198 | 32,632 | 18,186 | 25,692 | 21,940 | 18,999 | 22,405 | 25,286 | 23,422 | 24,042 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 1,403 | 1,403 | 1,404 | 1,404 | 1,404 | 1,575 | 186 | 535 | 1,323 | 249 | 300 | 300 | 600 | ||
| other liabilities | 9,234 | 9,090 | 8,483 | 5,528 | 65 | ||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 1,403 | 1,403 | 1,404 | 1,404 | 1,404 | 10,809 | 9,276 | 9,018 | 6,851 | 314 | 300 | 300 | 600 | ||
| total liabilities | 54,667 | 59,260 | 69,850 | 58,029 | 36,672 | 37,602 | 34,036 | 28,995 | 34,968 | 30,958 | 25,850 | 22,719 | 25,586 | 23,722 | 24,642 |
| net assets | 17,180 | 15,839 | 17,230 | 9,476 | 829 | 958 | 191 | 36 | 4 | 81 | 132 | 814 | 13,695 | 11,380 | 12,496 |
| total shareholders funds | 17,180 | 15,839 | 17,230 | 9,476 | 829 | 958 | 191 | 36 | 4 | 81 | 132 | 814 | 13,695 | 11,380 | 12,496 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 388 | 389 | 389 | ||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -130 | 9,980 | -10,100 | -54 | 484 | 456 | -7,107 | -1,574 | 478 | 17,417 | |||||
| Debtors | 1,989 | -61,054 | 19,575 | 30,004 | -215 | 4,333 | 31,914 | 589 | -129 | -356 | 183 | -2,233 | 1,244 | -157 | 2,328 |
| Creditors | -4,593 | -9,187 | 11,821 | 21,358 | -930 | 3,566 | 14,446 | -7,506 | 3,752 | 2,941 | -3,406 | -2,881 | 1,864 | -620 | 24,042 |
| Accruals and Deferred Income | -1,403 | -1 | -171 | 1,389 | -349 | -788 | 1,074 | -51 | -300 | 600 | |||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -9,234 | 144 | 607 | 2,955 | 5,463 | 65 | |||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -5,111 | 39,093 | -17,461 | -6,530 | 4,504 | 5,318 | 1,032 | -6,408 | 4,509 | -2,357 | 17,393 | ||||
| overdraft | |||||||||||||||
| change in cash | -5,111 | 39,093 | -17,461 | -6,530 | 4,504 | 5,318 | 1,032 | -6,408 | 4,509 | -2,357 | 17,393 |
preston carpets & furniture ltd Credit Report and Business Information
Preston Carpets & Furniture Ltd Competitor Analysis
Perform a competitor analysis for preston carpets & furniture ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in PR1 area or any other competitors across 12 key performance metrics.
preston carpets & furniture ltd Ownership
PRESTON CARPETS & FURNITURE LTD group structure
Preston Carpets & Furniture Ltd has no subsidiary companies.
Ultimate parent company
PRESTON CARPETS & FURNITURE LTD
03887201
preston carpets & furniture ltd directors
Preston Carpets & Furniture Ltd currently has 1 director, Mr Sabir Patel serving since Dec 2003.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sabir Patel | 51 years | Dec 2003 | - | Director |
P&L
October 2023turnover
121.4k
+3%
operating profit
-130.2
0%
gross margin
30.9%
-8.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
17.2k
+0.08%
total assets
71.8k
-0.04%
cash
34k
-0.13%
net assets
Total assets minus all liabilities
preston carpets & furniture ltd company details
company number
03887201
Type
Private limited with Share Capital
industry
47510 - Retail sale of textiles in specialised stores
47599 - Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
incorporation date
December 1999
age
26
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
October 2023
previous names
N/A
accountant
AU ACCOUNTANTS
auditor
-
address
134-136 new hall lane, preston, PR1 4DX
Bank
-
Legal Advisor
-
preston carpets & furniture ltd 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 preston carpets & furniture ltd.
preston carpets & furniture ltd 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.
Click to start generating capital raising & share issue transactions for PRESTON CARPETS & FURNITURE LTD. This can take several minutes, an email will notify you when this has completed.
preston carpets & furniture ltd Companies House Filings - See Documents
| date | description | view/download |
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