planet granite u.k. limited Company Information
Company Number
04659707
Next Accounts
68 days late
Directors
Shareholders
stephen mitchell
Group Structure
View All
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Registered Address
devitts green farm, devitts green lane, coventry, CV7 8GF
Website
www.planetgranite.co.ukplanet granite u.k. limited Estimated Valuation
Pomanda estimates the enterprise value of PLANET GRANITE U.K. LIMITED at £651.4k based on a Turnover of £1.5m and 0.43x industry multiple (adjusted for size and gross margin).
planet granite u.k. limited Estimated Valuation
Pomanda estimates the enterprise value of PLANET GRANITE U.K. LIMITED at £845.5k based on an EBITDA of £213.2k and a 3.97x industry multiple (adjusted for size and gross margin).
planet granite u.k. limited Estimated Valuation
Pomanda estimates the enterprise value of PLANET GRANITE U.K. LIMITED at £369.6k based on Net Assets of £163k and 2.27x industry multiple (adjusted for liquidity).
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Planet Granite U.k. Limited Overview
Planet Granite U.k. Limited is a live company located in coventry, CV7 8GF with a Companies House number of 04659707. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in February 2003, it's largest shareholder is stephen mitchell with a 100% stake. Planet Granite U.k. Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with low growth in recent years.
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Planet Granite U.k. Limited Health Check
Pomanda's financial health check has awarded Planet Granite U.K. Limited a 3.5 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
3 Strong
3 Regular
6 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£5.7m)
- Planet Granite U.k. Limited
£5.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (6.1%)
- Planet Granite U.k. Limited
6.1% - Industry AVG
Production
with a gross margin of 25.2%, this company has a comparable cost of product (25.2%)
- Planet Granite U.k. Limited
25.2% - Industry AVG
Profitability
an operating margin of 9.8% make it more profitable than the average company (5.7%)
- Planet Granite U.k. Limited
5.7% - Industry AVG
Employees
with 8 employees, this is below the industry average (28)
8 - Planet Granite U.k. Limited
28 - Industry AVG
Pay Structure
on an average salary of £45.6k, the company has an equivalent pay structure (£45.6k)
- Planet Granite U.k. Limited
£45.6k - Industry AVG
Efficiency
resulting in sales per employee of £189.5k, this is equally as efficient (£185.1k)
- Planet Granite U.k. Limited
£185.1k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is earlier than average (57 days)
- Planet Granite U.k. Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (40 days)
- Planet Granite U.k. Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 88 days, this is more than average (13 days)
- Planet Granite U.k. Limited
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (20 weeks)
2 weeks - Planet Granite U.k. Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90%, this is a higher level of debt than the average (61.5%)
90% - Planet Granite U.k. Limited
61.5% - Industry AVG
PLANET GRANITE U.K. LIMITED financials
Planet Granite U.K. Limited's latest turnover from February 2023 is estimated at £1.5 million and the company has net assets of £163 thousand. According to their latest financial statements, Planet Granite U.K. Limited has 8 employees and maintains cash reserves of £56.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
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 | ||||||||||||||
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 | 8 | 9 | 11 | 10 | 9 | 8 | ||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
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 | 1,200,433 | 1,258,893 | 1,212,990 | 1,198,158 | 1,176,002 | 516,662 | 504,512 | 241,794 | 200,219 | 111,467 | 115,538 | 88,158 | 99,272 | 64,633 |
Intangible Assets | 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 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,200,433 | 1,258,893 | 1,212,990 | 1,198,158 | 1,176,002 | 516,662 | 504,512 | 241,794 | 200,219 | 111,467 | 115,538 | 88,158 | 99,272 | 64,633 |
Stock & work in progress | 275,000 | 275,000 | 225,000 | 225,000 | 240,000 | 230,000 | 215,000 | 155,000 | 160,000 | 103,675 | 108,750 | 84,975 | 55,550 | 42,258 |
Trade Debtors | 102,859 | 96,261 | 141,436 | 115,019 | 3,140 | 36,230 | 115,965 | 60,438 | 122,509 | 128,753 | 13,567 | 9,470 | 6,186 | 500 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 926 | 11,247 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 56,823 | 20,401 | 44,807 | 72,798 | 32,114 | 32,690 | 22,745 | 67,987 | 28,860 | 12,866 | 6,234 | 12,401 | 0 | 9,809 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 434,682 | 391,662 | 411,243 | 413,743 | 286,501 | 298,920 | 353,710 | 283,425 | 311,369 | 245,294 | 128,551 | 106,846 | 61,736 | 52,567 |
total assets | 1,635,115 | 1,650,555 | 1,624,233 | 1,611,901 | 1,462,503 | 815,582 | 858,222 | 525,219 | 511,588 | 356,761 | 244,089 | 195,004 | 161,008 | 117,200 |
Bank overdraft | 69,332 | 33,222 | 50,477 | 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 |
Trade Creditors | 212,113 | 149,168 | 86,796 | 175,997 | 160,918 | 364,176 | 334,709 | 194,378 | 253,440 | 134,189 | 133,677 | 119,636 | 89,833 | 83,260 |
Group/Directors Accounts | 573,167 | 611,217 | 83,147 | 47,399 | 65,431 | 0 | 0 | 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 |
hp & lease commitments | 19,758 | 90,859 | 89,696 | 130,290 | 130,290 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 454,804 | 524,220 | 940,983 | 840,516 | 740,421 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,329,174 | 1,408,686 | 1,251,099 | 1,194,202 | 1,097,060 | 364,176 | 334,709 | 194,378 | 253,440 | 134,189 | 133,677 | 119,636 | 89,833 | 83,260 |
loans | 18,958 | 32,157 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 37,640 | 142,036 | 168,091 | 219,470 | 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 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 188,682 | 241,136 | 52,276 | 0 | 0 | 10,506 | 5,834 | 10,834 | 4,000 |
provisions | 124,000 | 124,000 | 79,000 | 79,000 | 79,000 | 79,000 | 79,000 | 47,000 | 38,832 | 17,662 | 17,663 | 16,966 | 16,354 | 7,730 |
total long term liabilities | 142,958 | 193,797 | 221,036 | 247,091 | 298,470 | 267,682 | 320,136 | 99,276 | 38,832 | 17,662 | 28,169 | 22,800 | 27,188 | 11,730 |
total liabilities | 1,472,132 | 1,602,483 | 1,472,135 | 1,441,293 | 1,395,530 | 631,858 | 654,845 | 293,654 | 292,272 | 151,851 | 161,846 | 142,436 | 117,021 | 94,990 |
net assets | 162,983 | 48,072 | 152,098 | 170,608 | 66,973 | 183,724 | 203,377 | 231,565 | 219,316 | 204,910 | 82,243 | 52,568 | 43,987 | 22,210 |
total shareholders funds | 162,983 | 48,072 | 152,098 | 170,608 | 66,973 | 183,724 | 203,377 | 231,565 | 219,316 | 204,910 | 82,243 | 52,568 | 43,987 | 22,210 |
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 | ||||||||||||||
Depreciation | 65,210 | 70,664 | 66,902 | 64,858 | 62,837 | 50,919 | 51,908 | 31,926 | 27,142 | 14,486 | 14,900 | 11,975 | 9,861 | 9,126 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | 0 | 50,000 | 0 | -15,000 | 10,000 | 15,000 | 60,000 | -5,000 | 56,325 | -5,075 | 23,775 | 29,425 | 13,292 | 42,258 |
Debtors | 6,598 | -45,175 | 25,491 | 101,558 | -21,843 | -79,735 | 55,527 | -62,071 | -6,244 | 115,186 | 4,097 | 3,284 | 5,686 | 500 |
Creditors | 62,945 | 62,372 | -89,201 | 15,079 | -203,258 | 29,467 | 140,331 | -59,062 | 119,251 | 512 | 14,041 | 29,803 | 6,573 | 83,260 |
Accruals and Deferred Income | -69,416 | -416,763 | 100,467 | 100,095 | 740,421 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 45,000 | 0 | 0 | 0 | 0 | 32,000 | 8,168 | 21,170 | -1 | 697 | 612 | 8,624 | 7,730 |
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 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -38,050 | 528,070 | 35,748 | -18,032 | 65,431 | 0 | 0 | 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 |
Long term loans | -13,199 | 32,157 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | -108,741 | -103,233 | -66,649 | -51,379 | 349,760 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | -188,682 | -52,454 | 188,860 | 52,276 | 0 | -10,506 | 4,672 | -5,000 | 6,834 | 4,000 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 36,422 | -24,406 | -27,991 | 40,684 | -576 | 9,945 | -45,242 | 39,127 | 15,994 | 6,632 | -6,167 | 12,401 | -9,809 | 9,809 |
overdraft | 36,110 | -17,255 | 50,477 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 312 | -7,151 | -78,468 | 40,684 | -576 | 9,945 | -45,242 | 39,127 | 15,994 | 6,632 | -6,167 | 12,401 | -9,809 | 9,809 |
planet granite u.k. limited Credit Report and Business Information
Planet Granite U.k. Limited Competitor Analysis
Perform a competitor analysis for planet granite u.k. limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in CV7 area or any other competitors across 12 key performance metrics.
planet granite u.k. limited Ownership
PLANET GRANITE U.K. LIMITED group structure
Planet Granite U.K. Limited has no subsidiary companies.
Ultimate parent company
PLANET GRANITE U.K. LIMITED
04659707
planet granite u.k. limited directors
Planet Granite U.K. Limited currently has 1 director, Mr Stephen Mitchell serving since Feb 2003.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Stephen Mitchell | 50 years | Feb 2003 | - | Director |
P&L
February 2023turnover
1.5m
+8%
operating profit
148k
0%
gross margin
25.2%
+2.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
163k
+2.39%
total assets
1.6m
-0.01%
cash
56.8k
+1.79%
net assets
Total assets minus all liabilities
planet granite u.k. limited company details
company number
04659707
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
February 2003
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2023
previous names
N/A
accountant
CROMBIES ACCOUNTANTS LIMITED
auditor
-
address
devitts green farm, devitts green lane, coventry, CV7 8GF
Bank
-
Legal Advisor
-
planet granite u.k. 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 3 charges/mortgages relating to planet granite u.k. limited. Currently there are 3 open charges and 0 have been satisfied in the past.
planet granite u.k. 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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planet granite u.k. limited Companies House Filings - See Documents
date | description | view/download |
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