1828 picture framing limited

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1828 picture framing limited Company Information

Share 1828 PICTURE FRAMING LIMITED

Company Number

04274704

Shareholders

raymond westwood

maureen brant

Group Structure

View All

Industry

Other manufacturing n.e.c.

 

Registered Address

natwest chambers, 143-146 high street, cradley heath, west midlands, B64 5HJ

Website

-

1828 picture framing limited Estimated Valuation

£65.6k

Pomanda estimates the enterprise value of 1828 PICTURE FRAMING LIMITED at £65.6k based on a Turnover of £117.7k and 0.56x industry multiple (adjusted for size and gross margin).

1828 picture framing limited Estimated Valuation

£0

Pomanda estimates the enterprise value of 1828 PICTURE FRAMING LIMITED at £0 based on an EBITDA of £-721 and a 3.73x industry multiple (adjusted for size and gross margin).

1828 picture framing limited Estimated Valuation

£2.6k

Pomanda estimates the enterprise value of 1828 PICTURE FRAMING LIMITED at £2.6k based on Net Assets of £1.2k and 2.14x industry multiple (adjusted for liquidity).

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1828 Picture Framing Limited Overview

1828 Picture Framing Limited is a live company located in cradley heath, B64 5HJ with a Companies House number of 04274704. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in August 2001, it's largest shareholder is raymond westwood with a 50% stake. 1828 Picture Framing Limited is a mature, micro sized company, Pomanda has estimated its turnover at £117.7k with declining growth in recent years.

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1828 Picture Framing Limited Health Check

Pomanda's financial health check has awarded 1828 Picture Framing Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £117.7k, make it smaller than the average company (£13.6m)

£117.7k - 1828 Picture Framing Limited

£13.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (8.5%)

-2% - 1828 Picture Framing Limited

8.5% - Industry AVG

production

Production

with a gross margin of 21.2%, this company has a higher cost of product (30.2%)

21.2% - 1828 Picture Framing Limited

30.2% - Industry AVG

profitability

Profitability

an operating margin of -0.6% make it less profitable than the average company (6.5%)

-0.6% - 1828 Picture Framing Limited

6.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (69)

2 - 1828 Picture Framing Limited

69 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.4k, the company has an equivalent pay structure (£42.4k)

£42.4k - 1828 Picture Framing Limited

£42.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £58.9k, this is less efficient (£177.7k)

£58.9k - 1828 Picture Framing Limited

£177.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 39 days, this is earlier than average (52 days)

39 days - 1828 Picture Framing Limited

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 54 days, this is slower than average (41 days)

54 days - 1828 Picture Framing Limited

41 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - 1828 Picture Framing Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - 1828 Picture Framing Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 91.9%, this is a higher level of debt than the average (47.1%)

91.9% - 1828 Picture Framing Limited

47.1% - Industry AVG

1828 PICTURE FRAMING LIMITED financials

EXPORTms excel logo

1828 Picture Framing Limited's latest turnover from January 2024 is estimated at £117.7 thousand and the company has net assets of £1.2 thousand. According to their latest financial statements, 1828 Picture Framing Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover117,732119,538127,109125,59072,56916,37626,05319,8195,4206,1949,4465,4036,56410,3156,966
Other Income Or Grants
Cost Of Sales92,79295,314102,053101,21957,84413,00820,34415,3404,1874,8267,3074,1965,0827,9875,369
Gross Profit24,94124,22425,05624,37114,7253,3675,7094,4791,2331,3682,1391,2071,4822,3271,598
Admin Expenses25,66222,90124,99724,48415,9631,2745,3304,3402,2331,1492,0492,0601,3182,725-1,053
Operating Profit-7211,32359-113-1,2382,093379139-1,00021990-853164-3982,651
Interest Payable
Interest Receivable179549103
Pre-Tax Profit-7211,32359-113-1,2382,093379140-99322895-849173-3882,654
Tax-251-11-398-72-28-48-22-45-743
Profit After Tax-7211,07248-113-1,2381,695307112-99318073-849128-3881,911
Dividends Paid
Retained Profit-7211,07248-113-1,2381,695307112-99318073-849128-3881,911
Employee Costs84,78180,06876,96574,28973,91236,31335,06833,98033,16832,84731,59531,40331,21530,47329,771
Number Of Employees222221111111111
EBITDA*-7211,32359-113-1,2382,093379139-842405309-771260-2852,784

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets2,3402,7531,3668881,0451,2296487628961,0541,240465547643756
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,3402,7531,3668881,0451,2296487628961,0541,240465547643756
Stock & work in progress1,2401,4103,6251,9802,4653,1101,940
Trade Debtors12,84916,56824,49025,5063,2244,0776,1754,5255205205205208751,0251,025
Group Debtors
Misc Debtors
Cash6832,1081,4596607722,7951,236
misc current assets
total current assets12,84916,56824,49025,5063,2244,0776,1754,5252,4434,0385,6043,1604,1126,9304,201
total assets15,18919,32125,85626,3944,2695,3066,8235,2873,3395,0926,8443,6254,6597,5734,957
Bank overdraft
Bank loan
Trade Creditors 13,96517,37616,15016,7363,3313,1306,3425,1133,2754,0355,9672,8213,0066,0483,044
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities13,96517,37616,15016,7363,3313,1306,3425,1133,2754,0355,9672,8213,0066,0483,044
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities8,8338,833
provisions
total long term liabilities8,8338,833
total liabilities13,96517,37624,98325,5693,3313,1306,3425,1133,2754,0355,9672,8213,0066,0483,044
net assets1,2241,9458738259382,176481174641,0578778041,6531,5251,913
total shareholders funds1,2241,9458738259382,176481174641,0578778041,6531,5251,913
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit-7211,32359-113-1,2382,093379139-1,00021990-853164-3982,651
Depreciation1581862198296113133
Amortisation
Tax-251-11-398-72-28-48-22-45-743
Stock-1,240-170-2,2151,645-485-6451,1701,940
Debtors-3,719-7,922-1,01622,282-853-2,0981,6504,005-355-1501,025
Creditors-3,4111,226-58613,405201-3,2121,2291,838-760-1,9323,146-185-3,0423,0043,044
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-41310,220478-8,990-184581-114-816-1,4326401,788-116-2,0321,5492,120
Investing Activities
capital expenditure413-1,387-478157184-581114134-994-889
Change in Investments
cash flow from investments413-1,387-478157184-581114134-994-889
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-8,8338,833
share issue-22
interest179549103
cash flow from financing-8,8338,833-179549105
cash and cash equivalents
cash-683-1,425649799-112-2,0231,5591,236
overdraft
change in cash-683-1,425649799-112-2,0231,5591,236

1828 picture framing limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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1828 Picture Framing Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for 1828 picture framing limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in B64 area or any other competitors across 12 key performance metrics.

1828 picture framing limited Ownership

1828 PICTURE FRAMING LIMITED group structure

1828 Picture Framing Limited has no subsidiary companies.

Ultimate parent company

1828 PICTURE FRAMING LIMITED

04274704

1828 PICTURE FRAMING LIMITED Shareholders

raymond westwood 50%
maureen brant 50%

1828 picture framing limited directors

1828 Picture Framing Limited currently has 2 directors. The longest serving directors include Ms Maureen Brant (Aug 2001) and Mr Raymond Westwood (Aug 2001).

officercountryagestartendrole
Ms Maureen Brant70 years Aug 2001- Director
Mr Raymond Westwood70 years Aug 2001- Director

P&L

January 2024

turnover

117.7k

-2%

operating profit

-721

0%

gross margin

21.2%

+4.54%

turnover

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

Balance Sheet

January 2024

net assets

1.2k

-0.37%

total assets

15.2k

-0.21%

cash

0

0%

net assets

Total assets minus all liabilities

1828 picture framing limited company details

company number

04274704

Type

Private limited with Share Capital

industry

32990 - Other manufacturing n.e.c.

incorporation date

August 2001

age

24

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

natwest chambers, 143-146 high street, cradley heath, west midlands, B64 5HJ

Bank

-

Legal Advisor

-

1828 picture framing 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 did not find charges/mortgages relating to 1828 picture framing limited.

1828 picture framing 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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1828 picture framing limited Companies House Filings - See Documents

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