the production hire company ltd
the production hire company ltd Company Information
Group Structure
View All
Industry
Renting and leasing of media entertainment equipment
Registered Address
15 high street, brackley, NN13 7DH
Website
http://productionhire.comthe production hire company ltd Estimated Valuation
Pomanda estimates the enterprise value of THE PRODUCTION HIRE COMPANY LTD at £882.3k based on a Turnover of £1.4m and 0.61x industry multiple (adjusted for size and gross margin).
the production hire company ltd Estimated Valuation
Pomanda estimates the enterprise value of THE PRODUCTION HIRE COMPANY LTD at £1.8m based on an EBITDA of £661k and a 2.74x industry multiple (adjusted for size and gross margin).
the production hire company ltd Estimated Valuation
Pomanda estimates the enterprise value of THE PRODUCTION HIRE COMPANY LTD at £8.6m based on Net Assets of £4.4m and 1.94x industry multiple (adjusted for liquidity).
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The Production Hire Company Ltd Overview
The Production Hire Company Ltd is a live company located in brackley, NN13 7DH with a Companies House number of 04602430. It operates in the renting and leasing of media entertainment equipment sector, SIC Code 77291. Founded in November 2002, it's largest shareholder is mark a. neil with a 100% stake. The Production Hire Company Ltd is a mature, small sized company, Pomanda has estimated its turnover at £1.4m with rapid growth in recent years.
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The Production Hire Company Ltd Health Check
Pomanda's financial health check has awarded The Production Hire Company Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£9.9m)
- The Production Hire Company Ltd
£9.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (25.3%)
- The Production Hire Company Ltd
25.3% - Industry AVG
Production
with a gross margin of 41.8%, this company has a comparable cost of product (41.8%)
- The Production Hire Company Ltd
41.8% - Industry AVG
Profitability
an operating margin of 20.4% make it more profitable than the average company (5.8%)
- The Production Hire Company Ltd
5.8% - Industry AVG
Employees
with 9 employees, this is below the industry average (52)
9 - The Production Hire Company Ltd
52 - Industry AVG
Pay Structure
on an average salary of £44.4k, the company has an equivalent pay structure (£44.4k)
- The Production Hire Company Ltd
£44.4k - Industry AVG
Efficiency
resulting in sales per employee of £159.7k, this is less efficient (£209k)
- The Production Hire Company Ltd
£209k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is near the average (33 days)
- The Production Hire Company Ltd
33 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (33 days)
- The Production Hire Company Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Production Hire Company Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 45 weeks, this is more cash available to meet short term requirements (6 weeks)
45 weeks - The Production Hire Company Ltd
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.2%, this is a lower level of debt than the average (73.9%)
27.2% - The Production Hire Company Ltd
73.9% - Industry AVG
THE PRODUCTION HIRE COMPANY LTD financials
The Production Hire Company Ltd's latest turnover from February 2024 is estimated at £1.4 million and the company has net assets of £4.4 million. According to their latest financial statements, The Production Hire Company Ltd has 9 employees and maintains cash reserves of £183.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 770,801 | ||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 424,222 | ||||||||||||||
| Gross Profit | 346,579 | ||||||||||||||
| Admin Expenses | 254,223 | ||||||||||||||
| Operating Profit | 92,356 | ||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | 174 | ||||||||||||||
| Pre-Tax Profit | 92,356 | ||||||||||||||
| Tax | -19,395 | ||||||||||||||
| Profit After Tax | 72,961 | ||||||||||||||
| Dividends Paid | 10,000 | ||||||||||||||
| Retained Profit | 62,961 | ||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 9 | 8 | 5 | 6 | 7 | 4 | 4 | 3 | |||||||
| EBITDA* | 168,520 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,715,818 | 5,514,983 | 841,930 | 744,753 | 940,564 | 669,221 | 514,150 | 457,910 | 448,899 | 385,593 | 319,140 | 244,957 | 222,240 | 266,187 | 228,489 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 5,715,818 | 5,514,983 | 841,930 | 744,753 | 940,564 | 669,221 | 514,150 | 457,910 | 448,899 | 385,593 | 319,140 | 244,957 | 222,240 | 266,187 | 228,489 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 141,675 | 35,315 | 98,928 | 47,653 | 90,922 | 35,585 | 56,240 | 55,469 | 74,993 | 109,708 | 100,646 | 119,080 | 116,350 | 134,714 | 112,377 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 49,011 | 16,755 | 3,962 | 6,638 | 24,772 | 2,347 | 1,871 | 7,766 | 6,817 | 5,018 | 39,639 | 40,614 | 70,943 | 36,811 | 32,539 |
| Cash | 183,382 | 376,996 | 335,253 | 248,695 | 153,396 | 101,263 | 58,865 | 45,040 | 52,488 | 15,466 | 3,062 | 46 | |||
| misc current assets | |||||||||||||||
| total current assets | 374,068 | 429,066 | 438,143 | 302,986 | 269,090 | 139,195 | 116,976 | 108,275 | 134,298 | 130,192 | 143,347 | 159,740 | 187,293 | 171,525 | 144,916 |
| total assets | 6,089,886 | 5,944,049 | 1,280,073 | 1,047,739 | 1,209,654 | 808,416 | 631,126 | 566,185 | 583,197 | 515,785 | 462,487 | 404,697 | 409,533 | 437,712 | 373,405 |
| Bank overdraft | 20,000 | 20,000 | 20,000 | 100,000 | 5,568 | 5,770 | 5,770 | 10,995 | 3,057 | 9,094 | |||||
| Bank loan | 24,467 | 13,110 | |||||||||||||
| Trade Creditors | 54,245 | 224,759 | 95,514 | 57,236 | 174,777 | 139,846 | 135,582 | 140,658 | 132,923 | 81,676 | 115,522 | 139,630 | 144,565 | 122,278 | 113,912 |
| Group/Directors Accounts | 59,555 | 59,557 | 64,160 | 57,611 | 54,394 | 66,955 | |||||||||
| other short term finances | 18,495 | ||||||||||||||
| hp & lease commitments | 8,698 | 12,816 | 12,816 | 12,816 | |||||||||||
| other current liabilities | 76,827 | 60,003 | 218,059 | 231,539 | 136,997 | 82,401 | 53,108 | 68,811 | 83,175 | 72,774 | 69,811 | 69,877 | 47,577 | 53,455 | 41,666 |
| total current liabilities | 210,627 | 373,017 | 410,549 | 459,202 | 378,984 | 294,770 | 212,955 | 215,239 | 216,098 | 154,450 | 196,328 | 212,564 | 216,609 | 188,843 | 164,672 |
| loans | 11,250 | 36,250 | 61,250 | 5,193 | 10,347 | 21,046 | 26,000 | ||||||||
| hp & lease commitments | 10,252 | 25,971 | 32,612 | ||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 1,432,824 | 1,327,267 | 138,139 | 117,592 | 150,838 | 106,695 | 102,829 | 84,455 | 82,132 | 67,792 | 55,430 | 30,249 | 26,705 | 34,110 | 27,483 |
| total long term liabilities | 1,444,074 | 1,363,517 | 209,641 | 143,563 | 183,450 | 106,695 | 108,022 | 94,802 | 103,178 | 93,792 | 55,430 | 30,249 | 26,705 | 34,110 | 27,483 |
| total liabilities | 1,654,701 | 1,736,534 | 620,190 | 602,765 | 562,434 | 401,465 | 320,977 | 310,041 | 319,276 | 248,242 | 251,758 | 242,813 | 243,314 | 222,953 | 192,155 |
| net assets | 4,435,185 | 4,207,515 | 659,883 | 444,974 | 647,220 | 406,951 | 310,149 | 256,144 | 263,921 | 267,543 | 210,729 | 161,884 | 166,219 | 214,759 | 181,250 |
| total shareholders funds | 4,435,185 | 4,207,515 | 659,883 | 444,974 | 647,220 | 406,951 | 310,149 | 256,144 | 263,921 | 267,543 | 210,729 | 161,884 | 166,219 | 214,759 | 181,250 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 92,356 | ||||||||||||||
| Depreciation | 367,188 | 412,354 | 277,284 | 235,920 | 313,523 | 223,073 | 171,383 | 152,636 | 149,633 | 128,743 | 122,934 | 81,652 | 74,080 | 88,729 | 76,164 |
| Amortisation | |||||||||||||||
| Tax | -19,395 | ||||||||||||||
| Stock | |||||||||||||||
| Debtors | 138,616 | -50,820 | 48,599 | -61,403 | 77,762 | -20,179 | -5,124 | -18,575 | -32,916 | -25,559 | -19,409 | -27,599 | 15,768 | 26,609 | 144,916 |
| Creditors | -170,514 | 129,245 | 38,278 | -117,541 | 34,931 | 4,264 | -5,076 | 7,735 | 51,247 | -33,846 | -24,108 | -4,935 | 22,287 | 8,366 | 113,912 |
| Accruals and Deferred Income | 16,824 | -158,056 | -13,480 | 94,542 | 54,596 | 29,293 | -15,703 | -14,364 | 10,401 | 2,963 | -66 | 22,300 | -5,878 | 11,789 | 41,666 |
| Deferred Taxes & Provisions | 105,557 | 1,189,128 | 20,547 | -33,246 | 44,143 | 3,866 | 18,374 | 2,323 | 14,340 | 12,362 | 25,181 | 3,544 | -7,405 | 6,627 | 27,483 |
| Cash flow from operations | 187,270 | ||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -24,467 | 11,357 | 13,110 | ||||||||||||
| Group/Directors Accounts | -2 | -4,603 | 6,549 | 3,217 | -12,561 | 66,955 | |||||||||
| Other Short Term Loans | -18,495 | 18,495 | |||||||||||||
| Long term loans | -25,000 | -25,000 | 61,250 | -5,193 | -5,154 | -10,699 | -4,954 | 26,000 | |||||||
| Hire Purchase and Lease Commitments | -8,698 | -14,370 | -15,719 | -6,641 | 45,428 | ||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 174 | ||||||||||||||
| cash flow from financing | 118,463 | ||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -193,614 | 41,743 | 86,558 | 95,299 | 52,133 | 42,398 | 13,825 | -7,448 | 37,022 | 12,404 | 3,016 | 46 | |||
| overdraft | -80,000 | 100,000 | -5,568 | -202 | 5,770 | -10,995 | 7,938 | 3,057 | -9,094 | 9,094 | |||||
| change in cash | -193,614 | 41,743 | 166,558 | -4,701 | 57,701 | 42,600 | 13,825 | -13,218 | 37,022 | 23,399 | -4,922 | -3,011 | 9,094 | -9,094 |
the production hire company ltd Credit Report and Business Information
The Production Hire Company Ltd Competitor Analysis
Perform a competitor analysis for the production hire company ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in NN13 area or any other competitors across 12 key performance metrics.
the production hire company ltd Ownership
THE PRODUCTION HIRE COMPANY LTD group structure
The Production Hire Company Ltd has no subsidiary companies.
Ultimate parent company
THE PRODUCTION HIRE COMPANY LTD
04602430
the production hire company ltd directors
The Production Hire Company Ltd currently has 2 directors. The longest serving directors include Mr Mark Neil (Apr 2003) and Miss Tracy Pyle (Dec 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Neil | England | 57 years | Apr 2003 | - | Director |
| Miss Tracy Pyle | England | 54 years | Dec 2022 | - | Director |
P&L
February 2024turnover
1.4m
+16%
operating profit
293.8k
0%
gross margin
41.9%
-6.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
4.4m
+0.05%
total assets
6.1m
+0.02%
cash
183.4k
-0.51%
net assets
Total assets minus all liabilities
the production hire company ltd company details
company number
04602430
Type
Private limited with Share Capital
industry
77291 - Renting and leasing of media entertainment equipment
incorporation date
November 2002
age
23
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
BLENCOWES
auditor
-
address
15 high street, brackley, NN13 7DH
Bank
-
Legal Advisor
-
the production hire company 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 found 1 charges/mortgages relating to the production hire company ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
the production hire company 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.
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the production hire company ltd Companies House Filings - See Documents
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