Pomanda estimates the enterprise value of PREMIER ROAD SURFACING LIMITED at £3.8m based on a Turnover of £11.4m and 0.33x industry multiple (adjusted for size and gross margin).
premier road surfacing limitedEstimated Valuation
£1.5m
Pomanda estimates the enterprise value of PREMIER ROAD SURFACING LIMITED at £1.5m based on an EBITDA of £384.4k and a 3.82x industry multiple (adjusted for size and gross margin).
premier road surfacing limitedEstimated Valuation
£4.4m
Pomanda estimates the enterprise value of PREMIER ROAD SURFACING LIMITED at £4.4m based on Net Assets of £2.6m and 1.69x industry multiple (adjusted for liquidity).
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Premier Road Surfacing LimitedOverview
Premier Road Surfacing Limited is a live company located in leicester, LE19 4AE with a Companies House number of 04127818. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in December 2000, it's largest shareholder is
premier holdings 2021 ltd
with a 100% stake. Premier Road Surfacing Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£11.4m with
low
growth in recent years.
Pomanda's financial health check has awarded Premier Road Surfacing Limited a 3 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
Health Rating3out of 5
3 Strong
3 Regular
6 Weak
Size
annual sales of £11.4m, make it smaller than the average company (£14.5m)
£11.4m - Premier Road Surfacing Limited
£14.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (9.3%)
0% - Premier Road Surfacing Limited
9.3% - Industry AVG
Production
with a gross margin of 17.2%, this company has a comparable cost of product (17.2%)
17.2% - Premier Road Surfacing Limited
17.2% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (4.9%)
0.9% - Premier Road Surfacing Limited
4.9% - Industry AVG
Employees
with 46 employees, this is similar to the industry average (44)
46 - Premier Road Surfacing Limited
44 - Industry AVG
Pay Structure
on an average salary of £54.2k, the company has an equivalent pay structure (£54.2k)
£54.2k - Premier Road Surfacing Limited
£54.2k - Industry AVG
Efficiency
resulting in sales per employee of £248.2k, this is less efficient (£293.4k)
£248.2k - Premier Road Surfacing Limited
£293.4k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is later than average (48 days)
60 days - Premier Road Surfacing Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is slower than average (37 days)
43 days - Premier Road Surfacing Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (11 days)
0 days - Premier Road Surfacing Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 6 weeks, this is less cash available to meet short term requirements (25 weeks)
6 weeks - Premier Road Surfacing Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.7%, this is a lower level of debt than the average (63.7%)
54.7% - Premier Road Surfacing Limited
63.7% - Industry AVG
PREMIER ROAD SURFACING LIMITED financials
EXPORT
Premier Road Surfacing Limited's latest turnover from March 2024 is estimated at £11.4 million and the company has net assets of £2.6 million. According to their latest financial statements, Premier Road Surfacing Limited has 46 employees and maintains cash reserves of £307.4 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
11,419,327
11,110,324
10,196,796
11,324,677
8,014,575
9,617,177
6,353,165
8,295,423
7,752,804
9,857,764
5,079,665
6,717,323
4,887,780
6,128,765
4,751,145
Other Income Or Grants
Cost Of Sales
9,460,527
9,264,821
8,523,382
9,508,528
6,726,485
8,029,618
5,307,430
6,889,598
6,521,035
8,359,081
4,325,893
5,704,195
4,133,609
5,071,294
3,951,224
Gross Profit
1,958,800
1,845,503
1,673,414
1,816,149
1,288,090
1,587,559
1,045,735
1,405,825
1,231,769
1,498,683
753,772
1,013,127
754,171
1,057,471
799,922
Admin Expenses
1,851,681
1,812,385
1,271,894
1,204,051
1,122,212
1,426,173
522,301
1,516,276
1,174,527
1,304,968
554,015
863,071
478,376
981,758
263,136
Operating Profit
107,119
33,118
401,520
612,098
165,878
161,386
523,434
-110,451
57,242
193,715
199,757
150,056
275,795
75,713
536,786
Interest Payable
25,528
23,117
7,424
Interest Receivable
16,875
14,421
4,282
601
291
3,702
2,927
713
1,908
1,390
115
702
819
304
72
Pre-Tax Profit
98,465
24,421
398,378
612,699
166,169
165,088
526,362
-109,738
59,150
195,105
199,873
150,758
276,614
76,017
536,858
Tax
-24,616
-4,640
-75,692
-116,413
-31,572
-31,367
-100,009
-11,830
-40,972
-45,971
-36,182
-71,920
-21,285
-150,320
Profit After Tax
73,849
19,781
322,686
496,286
134,597
133,721
426,353
-109,738
47,320
154,133
153,902
114,576
204,694
54,732
386,538
Dividends Paid
Retained Profit
73,849
19,781
322,686
496,286
134,597
133,721
426,353
-109,738
47,320
154,133
153,902
114,576
204,694
54,732
386,538
Employee Costs
2,492,062
2,025,509
1,840,343
1,693,642
1,705,130
1,486,414
1,256,542
1,523,435
1,280,400
1,597,727
896,046
1,153,010
919,172
1,230,125
996,459
Number Of Employees
46
39
37
36
36
32
28
35
31
40
23
31
25
34
27
EBITDA*
384,410
287,114
597,221
748,588
348,191
383,875
769,454
176,405
345,041
412,740
369,506
309,361
402,778
202,022
654,356
* 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
1,414,735
1,284,928
1,092,017
1,154,492
964,874
1,168,904
1,290,076
1,490,294
1,443,392
1,070,837
1,141,159
1,072,954
737,075
581,467
526,631
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,414,735
1,284,928
1,092,017
1,154,492
964,874
1,168,904
1,290,076
1,490,294
1,443,392
1,070,837
1,141,159
1,072,954
737,075
581,467
526,631
Stock & work in progress
500
3,500
30,000
Trade Debtors
1,906,672
1,896,560
1,872,723
2,051,701
1,506,731
1,925,346
1,076,216
1,400,154
1,322,116
1,438,163
850,126
943,894
666,263
841,486
698,042
Group Debtors
1,918,124
1,815,180
1,027,133
Misc Debtors
219,174
79,922
33,141
4,858
9,990
13,158
17,249
28,464
44,251
Cash
307,427
335,421
343,203
798,543
402,806
179,391
807,851
363,049
207,556
555,715
271
45,824
234,798
92,755
28,883
misc current assets
1,941
total current assets
4,351,897
4,132,524
3,276,200
2,855,102
1,919,527
2,117,895
1,901,316
1,791,667
1,573,923
1,993,878
850,397
989,718
931,061
934,241
726,925
total assets
5,766,632
5,417,452
4,368,217
4,009,594
2,884,401
3,286,799
3,191,392
3,281,961
3,017,315
3,064,715
1,991,556
2,062,672
1,668,136
1,515,708
1,253,556
Bank overdraft
222,729
231,108
219,964
Bank loan
Trade Creditors
1,128,112
1,214,631
965,734
1,072,803
502,115
869,324
523,627
816,367
662,840
1,414,327
657,449
969,254
861,380
816,881
613,112
Group/Directors Accounts
other short term finances
hp & lease commitments
481,293
384,831
85,002
85,826
131,277
227,833
323,258
308,248
304,770
other current liabilities
482,315
114,826
192,250
290,445
281,400
239,858
273,306
167,694
144,844
total current liabilities
2,314,449
1,945,396
1,462,950
1,449,074
914,792
1,337,015
1,120,191
1,292,309
1,112,454
1,414,327
657,449
969,254
861,380
816,881
613,112
loans
hp & lease commitments
484,070
687,339
176,984
161,286
108,401
226,200
474,896
788,136
582,043
Accruals and Deferred Income
other liabilities
416,786
322,243
263,722
88,086
190,594
195,969
provisions
353,683
244,136
207,483
201,120
159,380
156,353
162,795
194,359
205,923
164,027
96,422
68,156
71,706
65,963
56,937
total long term liabilities
837,753
931,475
384,467
362,406
267,781
382,553
637,691
982,495
787,966
580,813
418,665
331,878
159,792
256,557
252,906
total liabilities
3,152,202
2,876,871
1,847,417
1,811,480
1,182,573
1,719,568
1,757,882
2,274,804
1,900,420
1,995,140
1,076,114
1,301,132
1,021,172
1,073,438
866,018
net assets
2,614,430
2,540,581
2,520,800
2,198,114
1,701,828
1,567,231
1,433,510
1,007,157
1,116,895
1,069,575
915,442
761,540
646,964
442,270
387,538
total shareholders funds
2,614,430
2,540,581
2,520,800
2,198,114
1,701,828
1,567,231
1,433,510
1,007,157
1,116,895
1,069,575
915,442
761,540
646,964
442,270
387,538
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
107,119
33,118
401,520
612,098
165,878
161,386
523,434
-110,451
57,242
193,715
199,757
150,056
275,795
75,713
536,786
Depreciation
277,291
253,996
195,701
136,490
182,313
222,489
246,020
286,856
287,799
219,025
169,749
159,305
126,983
126,309
117,570
Amortisation
Tax
-24,616
-4,640
-75,692
-116,413
-31,572
-31,367
-100,009
-11,830
-40,972
-45,971
-36,182
-71,920
-21,285
-150,320
Stock
-3,000
3,500
-30,000
30,000
Debtors
252,308
858,665
876,438
539,838
-421,783
845,039
-335,153
62,251
-71,796
588,037
-93,768
277,631
-175,223
143,444
698,042
Creditors
-86,519
248,897
-107,069
570,688
-367,209
345,697
-292,740
153,527
-751,487
756,878
-311,805
107,874
44,499
203,769
613,112
Accruals and Deferred Income
367,489
-77,424
-98,195
9,045
41,542
-33,448
105,612
22,850
144,844
Deferred Taxes & Provisions
109,547
36,653
6,363
41,740
3,027
-6,442
-31,564
-11,564
41,896
67,605
28,266
-3,550
5,743
9,026
56,937
Cash flow from operations
501,003
-371,565
-553,810
713,810
415,762
-186,724
785,906
278,967
-159,740
608,214
133,764
129,872
526,323
250,088
476,043
Investing Activities
capital expenditure
-407,098
-446,907
-133,226
-326,108
21,717
-101,317
-45,802
-333,758
-660,354
-148,703
-237,954
-495,184
-282,591
-181,145
-644,201
Change in Investments
cash flow from investments
-407,098
-446,907
-133,226
-326,108
21,717
-101,317
-45,802
-333,758
-660,354
-148,703
-237,954
-495,184
-282,591
-181,145
-644,201
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-106,807
810,184
14,874
7,434
-214,355
-344,121
-298,230
209,571
886,813
other long term liabilities
-416,786
94,543
58,521
175,636
-102,508
-5,375
195,969
share issue
1,000
interest
-8,653
-8,696
-3,142
601
291
3,702
2,927
713
1,908
1,390
115
702
819
304
72
cash flow from financing
-115,460
801,488
11,732
8,035
-214,064
-340,419
-295,303
210,284
471,935
95,933
58,636
176,338
-101,689
-5,071
197,041
cash and cash equivalents
cash
-27,994
-7,782
-455,340
395,737
223,415
-628,460
444,802
155,493
-348,159
555,444
-45,553
-188,974
142,043
63,872
28,883
overdraft
-8,379
11,144
219,964
change in cash
-19,615
-18,926
-675,304
395,737
223,415
-628,460
444,802
155,493
-348,159
555,444
-45,553
-188,974
142,043
63,872
28,883
premier road surfacing limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for premier road surfacing limited. Get real-time insights into premier road surfacing limited's credit score, group structure and payment trends.
Premier Road Surfacing Limited Competitor Analysis
Perform a competitor analysis for premier road surfacing limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in LE19 area or any other competitors across 12 key performance metrics.
premier road surfacing limited Ownership
PREMIER ROAD SURFACING LIMITED group structure
Premier Road Surfacing Limited has no subsidiary companies.
Ultimate parent company
PREMIER ROAD SURFACING LIMITED
04127818
PREMIER ROAD SURFACING LIMITED Shareholders
The sole shareholder of Premier Road Surfacing Limited is Premier Holdings 2021 Ltd.
premier holdings 2021 ltd
100%
premier road surfacing limited directors
Premier Road Surfacing Limited currently has 4 directors.
The longest serving directors include
Mr Mark Poulson (Sep 2021) and
Mr Phillip Callington (Sep 2021).
granite house granite close, enderby, leicester, LE19 4AE
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
premier road surfacing 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 premier road surfacing limited. Currently there are 0 open charges and 1 have been satisfied in the past.
premier road surfacing 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.
Click to start generating capital raising & share issue transactions for PREMIER ROAD SURFACING LIMITED. This can take several minutes, an email will notify you when this has completed.
premier road surfacing limitedCompanies House Filings - See Documents
