precision pipe supports limited

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precision pipe supports limited Company Information

Share PRECISION PIPE SUPPORTS LIMITED

Company Number

04429431

Shareholders

j.k. wheelock

pps engineering ltd

Group Structure

View All

Industry

Manufacture of other fabricated metal products n.e.c.

 

Registered Address

18 granville terrace, bingley, BD16 4HW

precision pipe supports limited Estimated Valuation

£365.1k

Pomanda estimates the enterprise value of PRECISION PIPE SUPPORTS LIMITED at £365.1k based on a Turnover of £855.2k and 0.43x industry multiple (adjusted for size and gross margin).

precision pipe supports limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PRECISION PIPE SUPPORTS LIMITED at £0 based on an EBITDA of £-90k and a 3.35x industry multiple (adjusted for size and gross margin).

precision pipe supports limited Estimated Valuation

£489.7k

Pomanda estimates the enterprise value of PRECISION PIPE SUPPORTS LIMITED at £489.7k based on Net Assets of £249.6k and 1.96x industry multiple (adjusted for liquidity).

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Precision Pipe Supports Limited Overview

Precision Pipe Supports Limited is a live company located in bingley, BD16 4HW with a Companies House number of 04429431. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in May 2002, it's largest shareholder is j.k. wheelock with a 75% stake. Precision Pipe Supports Limited is a mature, small sized company, Pomanda has estimated its turnover at £855.2k with declining growth in recent years.

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Precision Pipe Supports Limited Health Check

Pomanda's financial health check has awarded Precision Pipe Supports 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 Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £855.2k, make it smaller than the average company (£13.5m)

£855.2k - Precision Pipe Supports Limited

£13.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (9.6%)

-3% - Precision Pipe Supports Limited

9.6% - Industry AVG

production

Production

with a gross margin of 21.7%, this company has a higher cost of product (29.3%)

21.7% - Precision Pipe Supports Limited

29.3% - Industry AVG

profitability

Profitability

an operating margin of -10.5% make it less profitable than the average company (6.3%)

-10.5% - Precision Pipe Supports Limited

6.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (80)

2 - Precision Pipe Supports Limited

80 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)

£40.9k - Precision Pipe Supports Limited

£40.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £427.6k, this is more efficient (£151.7k)

£427.6k - Precision Pipe Supports Limited

£151.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 143 days, this is later than average (59 days)

143 days - Precision Pipe Supports Limited

59 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 55 days, this is slower than average (44 days)

55 days - Precision Pipe Supports Limited

44 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Precision Pipe Supports Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Precision Pipe Supports Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 32.1%, this is a lower level of debt than the average (45.8%)

32.1% - Precision Pipe Supports Limited

45.8% - Industry AVG

PRECISION PIPE SUPPORTS LIMITED financials

EXPORTms excel logo

Precision Pipe Supports Limited's latest turnover from March 2024 is estimated at £855.2 thousand and the company has net assets of £249.6 thousand. According to their latest financial statements, Precision Pipe Supports Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover855,203890,034826,719930,747727,959696,555659,478568,127564,302546,308663,632344,455262,367246,708367,935
Other Income Or Grants
Cost Of Sales669,758706,053662,411755,826578,565551,019513,985443,338441,458426,105526,876271,791205,994193,721293,635
Gross Profit185,445183,981164,308174,921149,394145,536145,493124,789122,844120,202136,75672,66356,37352,98774,300
Admin Expenses275,453145,472185,23583,16568,29586,60062,25067,420102,561111,478138,52266,88555,12654,05271,598
Operating Profit-90,00838,509-20,92791,75681,09958,93683,24357,36920,2838,724-1,7665,7781,247-1,0652,702
Interest Payable
Interest Receivable169297158132102
Pre-Tax Profit-90,00838,509-20,92791,75681,09958,93683,24357,36920,2838,724-1,5976,0751,405-9332,804
Tax-7,317-17,434-15,409-11,198-15,816-11,474-4,056-1,832-1,458-365-785
Profit After Tax-90,00831,192-20,92774,32265,69047,73867,42745,89516,2266,892-1,5974,6171,040-9332,019
Dividends Paid
Retained Profit-90,00831,192-20,92774,32265,69047,73867,42745,89516,2266,892-1,5974,6171,040-9332,019
Employee Costs81,85677,180182,299211,913214,588137,163134,309132,113129,59595,303126,25462,11161,21759,16287,449
Number Of Employees225664444342223
EBITDA*-90,00838,509-20,92791,75681,09958,93683,24357,36920,2838,724-1,7667,6393,3231,0904,929

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets32,29836,52135,41039,30042,76042,43935,04237,49137,61434,28032,5167,4438,3048,6188,909
Intangible Assets25,00025,00025,00012,500
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets32,29836,52135,41039,30042,76042,43935,04237,49137,61434,28032,51632,44333,30433,61821,409
Stock & work in progress23,00021,50018,00027,500
Trade Debtors335,381401,996352,104393,725268,355222,559207,587161,620137,848128,187158,79671,05052,31961,920103,915
Group Debtors
Misc Debtors
Cash67,51051,33011,84940,753
misc current assets
total current assets335,381401,996352,104393,725268,355222,559207,587161,620137,848128,187158,796161,560125,14991,769172,168
total assets367,679438,517387,514433,025311,115264,998242,629199,111175,462162,467191,312194,003158,453125,387193,577
Bank overdraft
Bank loan
Trade Creditors 101,71972,61743,14149,89051,75975,674101,043124,952147,198150,429186,166187,160156,227124,201121,600
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities101,71972,61743,14149,89051,75975,674101,043124,952147,198150,429186,166187,160156,227124,201121,600
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities11,75121,68332,45850,00069,858
provisions4,6164,6163,5063,7994,342
total long term liabilities16,36726,29935,96453,7994,34269,858
total liabilities118,08698,91679,105103,68956,10175,674101,043124,952147,198150,429186,166187,160156,227124,201191,458
net assets249,593339,601308,409329,336255,014189,324141,58674,15928,26412,0385,1466,8432,2261,1862,119
total shareholders funds249,593339,601308,409329,336255,014189,324141,58674,15928,26412,0385,1466,8432,2261,1862,119
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-90,00838,509-20,92791,75681,09958,93683,24357,36920,2838,724-1,7665,7781,247-1,0652,702
Depreciation1,8612,0762,1542,227
Amortisation
Tax-7,317-17,434-15,409-11,198-15,816-11,474-4,056-1,832-1,458-365-785
Stock-23,0001,5003,500-9,50027,500
Debtors-66,61549,892-41,621125,37045,79614,97245,96723,7729,661-30,60987,74618,731-9,601-41,995103,915
Creditors29,10229,476-6,749-1,869-23,915-25,369-23,909-22,246-3,231-35,737-99430,93332,0262,601121,600
Accruals and Deferred Income
Deferred Taxes & Provisions1,110-293-5434,342
Cash flow from operations5,70911,88613,652-53,4603217,397-2,449-1233,3351,764-67,50616,88341,08555,185-5,671
Investing Activities
capital expenditure4,223-1,1113,8903,460-321-7,3972,449123-3,334-1,764-73-1,000-1,762-14,363-23,636
Change in Investments
cash flow from investments4,223-1,1113,8903,460-321-7,3972,449123-3,334-1,764-73-1,000-1,762-14,363-23,636
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-9,932-10,775-17,54250,000-69,85869,858
share issue-100100
interest169297158132102
cash flow from financing-9,932-10,775-17,54250,00069297158-69,72670,060
cash and cash equivalents
cash-67,51016,18039,481-28,90440,753
overdraft
change in cash-67,51016,18039,481-28,90440,753

precision pipe supports 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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Precision Pipe Supports Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for precision pipe supports limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in BD16 area or any other competitors across 12 key performance metrics.

precision pipe supports limited Ownership

PRECISION PIPE SUPPORTS LIMITED group structure

Precision Pipe Supports Limited has no subsidiary companies.

Ultimate parent company

PRECISION PIPE SUPPORTS LIMITED

04429431

PRECISION PIPE SUPPORTS LIMITED Shareholders

j.k. wheelock 75%
pps engineering ltd 25%

precision pipe supports limited directors

Precision Pipe Supports Limited currently has 3 directors. The longest serving directors include Mr James Wheelock (May 2002) and Mr Jordan Butterworth (Jun 2023).

officercountryagestartendrole
Mr James WheelockEngland56 years May 2002- Director
Mr Jordan ButterworthEngland41 years Jun 2023- Director
Mr Neil KennedyEngland44 years Jun 2023- Director

P&L

March 2024

turnover

855.2k

-4%

operating profit

-90k

0%

gross margin

21.7%

+4.9%

turnover

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

Balance Sheet

March 2024

net assets

249.6k

-0.27%

total assets

367.7k

-0.16%

cash

0

0%

net assets

Total assets minus all liabilities

precision pipe supports limited company details

company number

04429431

Type

Private limited with Share Capital

industry

25990 - Manufacture of other fabricated metal products n.e.c.

incorporation date

May 2002

age

23

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

silver bull limited (September 2008)

project engineering services limited (February 2006)

accountant

-

auditor

-

address

18 granville terrace, bingley, BD16 4HW

Bank

-

Legal Advisor

-

precision pipe supports 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 precision pipe supports limited.

precision pipe supports 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 PRECISION PIPE SUPPORTS LIMITED. This can take several minutes, an email will notify you when this has completed.

precision pipe supports limited Companies House Filings - See Documents

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