philmar fabrications limited Company Information
Company Number
04438779
Website
www.philmar.co.ukRegistered Address
rowland house lion mill, fitton street royton, oldham, OL2 5JX
Industry
Manufacture of other fabricated metal products n.e.c.
Telephone
01616331409
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
1722 limited 100%
philmar fabrications limited Estimated Valuation
Pomanda estimates the enterprise value of PHILMAR FABRICATIONS LIMITED at £1m based on a Turnover of £1.9m and 0.53x industry multiple (adjusted for size and gross margin).
philmar fabrications limited Estimated Valuation
Pomanda estimates the enterprise value of PHILMAR FABRICATIONS LIMITED at £0 based on an EBITDA of £-14.4k and a 4.11x industry multiple (adjusted for size and gross margin).
philmar fabrications limited Estimated Valuation
Pomanda estimates the enterprise value of PHILMAR FABRICATIONS LIMITED at £231.4k based on Net Assets of £451k and 0.51x industry multiple (adjusted for liquidity).
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Philmar Fabrications Limited Overview
Philmar Fabrications Limited is a live company located in oldham, OL2 5JX with a Companies House number of 04438779. 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 1722 limited with a 100% stake. Philmar Fabrications Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.9m with healthy growth in recent years.
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Philmar Fabrications Limited Health Check
Pomanda's financial health check has awarded Philmar Fabrications Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
1 Strong
![positive_score](/assets/images/scoreRate1.png)
6 Regular
![positive_score](/assets/images/scoreRate0.png)
5 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £1.9m, make it smaller than the average company (£12.7m)
- Philmar Fabrications Limited
£12.7m - Industry AVG
![growth](/assets/images/scoreRate1.png)
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (5.5%)
- Philmar Fabrications Limited
5.5% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 29.3%, this company has a comparable cost of product (29.3%)
- Philmar Fabrications Limited
29.3% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -1.4% make it less profitable than the average company (6.3%)
- Philmar Fabrications Limited
6.3% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 21 employees, this is below the industry average (80)
21 - Philmar Fabrications Limited
80 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £39.1k, the company has an equivalent pay structure (£39.1k)
- Philmar Fabrications Limited
£39.1k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £89.5k, this is less efficient (£150.2k)
- Philmar Fabrications Limited
£150.2k - Industry AVG
![debtordays](/assets/images/scoreRate1.png)
Debtor Days
it gets paid by customers after 62 days, this is near the average (61 days)
- Philmar Fabrications Limited
61 days - Industry AVG
![creditordays](/assets/images/scoreRate1.png)
Creditor Days
its suppliers are paid after 51 days, this is close to average (47 days)
- Philmar Fabrications Limited
47 days - Industry AVG
![stockdays](/assets/images/scoreRate0.png)
Stock Days
it holds stock equivalent to 88 days, this is more than average (70 days)
- Philmar Fabrications Limited
70 days - Industry AVG
![cashbalance](/assets/images/scoreRate2.png)
Cash Balance
has cash to cover current liabilities for 21 weeks, this is more cash available to meet short term requirements (13 weeks)
21 weeks - Philmar Fabrications Limited
13 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate1.png)
Debt Level
it has a ratio of liabilities to total assets of 48.9%, this is a similar level of debt than the average (48.1%)
48.9% - Philmar Fabrications Limited
48.1% - Industry AVG
PHILMAR FABRICATIONS LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Philmar Fabrications Limited's latest turnover from July 2023 is estimated at £1.9 million and the company has net assets of £451 thousand. According to their latest financial statements, Philmar Fabrications Limited has 21 employees and maintains cash reserves of £177.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 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 | 21 | 21 | 20 | 24 | 22 | 21 | 20 | 24 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 26,269 | 35,501 | 43,023 | 48,760 | 53,597 | 62,950 | 84,383 | 74,189 | 69,483 | 94,766 | 115,630 | 121,616 | 112,670 | 89,018 | 122,148 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 26,269 | 35,501 | 43,023 | 48,760 | 53,597 | 62,950 | 84,383 | 74,189 | 69,483 | 94,766 | 115,630 | 121,616 | 112,670 | 89,018 | 122,148 |
Stock & work in progress | 321,780 | 246,972 | 216,558 | 181,161 | 192,465 | 165,292 | 173,215 | 183,654 | 178,789 | 200,321 | 179,449 | 143,773 | 130,265 | 130,869 | 115,411 |
Trade Debtors | 321,175 | 386,476 | 397,843 | 268,679 | 398,752 | 369,012 | 472,058 | 443,325 | 454,617 | 455,274 | 369,944 | 554,578 | 473,760 | 462,692 | 538,708 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 30,456 | 23,937 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 35,109 | 41,262 | 25,539 | 24,209 | 132,561 | 0 | 0 | 0 | 0 | 261 | 0 | 414 | 0 | 387 | 328 |
Cash | 177,546 | 176,673 | 93,995 | 295,521 | 202,793 | 254,268 | 225,695 | 320,579 | 301,530 | 293,682 | 391,235 | 299,533 | 288,737 | 107,800 | 83,484 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 855,610 | 851,383 | 733,935 | 769,570 | 926,571 | 819,028 | 894,905 | 947,558 | 934,936 | 949,538 | 940,628 | 998,298 | 892,762 | 701,748 | 737,931 |
total assets | 881,879 | 886,884 | 776,958 | 818,330 | 980,168 | 881,978 | 979,288 | 1,021,747 | 1,004,419 | 1,044,304 | 1,056,258 | 1,119,914 | 1,005,432 | 790,766 | 860,079 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 186,842 | 231,839 | 123,183 | 126,210 | 160,630 | 160,524 | 148,041 | 144,614 | 278,385 | 256,585 | 192,941 | 309,160 | 319,147 | 243,668 | 348,709 |
Group/Directors Accounts | 149,589 | 116,652 | 66,652 | 100,025 | 0 | 0 | 0 | 2,300 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 91,064 | 65,176 | 82,573 | 89,678 | 109,181 | 85,180 | 103,667 | 117,938 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 427,495 | 413,667 | 272,408 | 315,913 | 269,811 | 245,704 | 251,708 | 264,852 | 278,385 | 256,585 | 192,941 | 309,160 | 319,147 | 243,668 | 348,709 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,294 | 5,175 |
provisions | 3,341 | 4,991 | 6,308 | 4,903 | 3,327 | 4,522 | 7,784 | 10,199 | 6,475 | 5,411 | 6,021 | 8,475 | 10,228 | 6,304 | 12,981 |
total long term liabilities | 3,341 | 4,991 | 6,308 | 4,903 | 3,327 | 4,522 | 7,784 | 10,199 | 6,475 | 5,411 | 6,021 | 8,475 | 10,228 | 7,598 | 18,156 |
total liabilities | 430,836 | 418,658 | 278,716 | 320,816 | 273,138 | 250,226 | 259,492 | 275,051 | 284,860 | 261,996 | 198,962 | 317,635 | 329,375 | 251,266 | 366,865 |
net assets | 451,043 | 468,226 | 498,242 | 497,514 | 707,030 | 631,752 | 719,796 | 746,696 | 719,559 | 782,308 | 857,296 | 802,279 | 676,057 | 539,500 | 493,214 |
total shareholders funds | 451,043 | 468,226 | 498,242 | 497,514 | 707,030 | 631,752 | 719,796 | 746,696 | 719,559 | 782,308 | 857,296 | 802,279 | 676,057 | 539,500 | 493,214 |
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 11,617 | 13,479 | 14,970 | 16,143 | 18,300 | 21,556 | 28,872 | 26,168 | 23,433 | 29,754 | 35,328 | 37,740 | 40,295 | 34,279 | 39,999 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||||
Stock | 74,808 | 30,414 | 35,397 | -11,304 | 27,173 | -7,923 | -10,439 | 4,865 | -21,532 | 20,872 | 35,676 | 13,508 | -604 | 15,458 | 115,411 |
Debtors | -71,454 | 4,356 | 130,494 | -238,425 | 131,845 | -96,527 | 52,670 | -11,292 | -918 | 85,591 | -185,048 | 81,232 | 10,681 | -75,957 | 539,036 |
Creditors | -44,997 | 108,656 | -3,027 | -34,420 | 106 | 12,483 | 3,427 | -133,771 | 21,800 | 63,644 | -116,219 | -9,987 | 75,479 | -105,041 | 348,709 |
Accruals and Deferred Income | 25,888 | -17,397 | -7,105 | -19,503 | 24,001 | -18,487 | -14,271 | 117,938 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -1,650 | -1,317 | 1,405 | 1,576 | -1,195 | -3,262 | -2,415 | 3,724 | 1,064 | -610 | -2,454 | -1,753 | 3,924 | -6,677 | 12,981 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 32,937 | 50,000 | -33,373 | 100,025 | 0 | 0 | -2,300 | 2,300 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,294 | -3,881 | 5,175 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 873 | 82,678 | -201,526 | 92,728 | -51,475 | 28,573 | -94,884 | 19,049 | 7,848 | -97,553 | 91,702 | 10,796 | 180,937 | 24,316 | 83,484 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 873 | 82,678 | -201,526 | 92,728 | -51,475 | 28,573 | -94,884 | 19,049 | 7,848 | -97,553 | 91,702 | 10,796 | 180,937 | 24,316 | 83,484 |
philmar fabrications limited Credit Report and Business Information
Philmar Fabrications Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for philmar fabrications limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in OL2 area or any other competitors across 12 key performance metrics.
philmar fabrications limited Ownership
PHILMAR FABRICATIONS LIMITED group structure
Philmar Fabrications Limited has no subsidiary companies.
Ultimate parent company
PHILMAR FABRICATIONS LIMITED
04438779
philmar fabrications limited directors
Philmar Fabrications Limited currently has 2 directors. The longest serving directors include Mr Mark Mills (May 2002) and Mr Stephen Cooper (Aug 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Mark Mills | United Kingdom | 57 years | May 2002 | - | Director |
Mr Stephen Cooper | 47 years | Aug 2015 | - | Director |
P&L
July 2023turnover
1.9m
+2%
operating profit
-26k
0%
gross margin
29.4%
-2.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
451k
-0.04%
total assets
881.9k
-0.01%
cash
177.5k
0%
net assets
Total assets minus all liabilities
philmar fabrications limited company details
company number
04438779
Type
Private limited with Share Capital
industry
25990 - Manufacture of other fabricated metal products n.e.c.
incorporation date
May 2002
age
22
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
fisherhouse ltd (June 2002)
last accounts submitted
July 2023
address
rowland house lion mill, fitton street royton, oldham, OL2 5JX
accountant
-
auditor
-
philmar fabrications 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 philmar fabrications limited. Currently there are 1 open charges and 0 have been satisfied in the past.
![charges](/assets/images/company_charges.png)
philmar fabrications limited Companies House Filings - See Documents
date | description | view/download |
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