peter harding practice limited

5

peter harding practice limited Company Information

Share PETER HARDING PRACTICE LIMITED
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Company Number

04737387

Registered Address

tucks house, foyle hill, shaftesbury, dorset, SP7 0AG

Industry

Life insurance

 

Telephone

01747855554

Next Accounts Due

December 2024

Group Structure

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Directors

Peter Harding21 Years

Clair Smith2 Years

Shareholders

peter richard harding 75%

susannah beverley harding 25%

peter harding practice limited Estimated Valuation

£943.5k

Pomanda estimates the enterprise value of PETER HARDING PRACTICE LIMITED at £943.5k based on a Turnover of £1.5m and 0.62x industry multiple (adjusted for size and gross margin).

peter harding practice limited Estimated Valuation

£15.5m

Pomanda estimates the enterprise value of PETER HARDING PRACTICE LIMITED at £15.5m based on an EBITDA of £1.8m and a 8.54x industry multiple (adjusted for size and gross margin).

peter harding practice limited Estimated Valuation

£20.5m

Pomanda estimates the enterprise value of PETER HARDING PRACTICE LIMITED at £20.5m based on Net Assets of £12.3m and 1.67x industry multiple (adjusted for liquidity).

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Peter Harding Practice Limited Overview

Peter Harding Practice Limited is a live company located in shaftesbury, SP7 0AG with a Companies House number of 04737387. It operates in the life insurance sector, SIC Code 65110. Founded in April 2003, it's largest shareholder is peter richard harding with a 75% stake. Peter Harding Practice Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with healthy growth in recent years.

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Peter Harding Practice Limited Health Check

Pomanda's financial health check has awarded Peter Harding Practice Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

2 Regular

positive_score

1 Weak

size

Size

annual sales of £1.5m, make it larger than the average company (£1.2m)

£1.5m - Peter Harding Practice Limited

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (6.6%)

14% - Peter Harding Practice Limited

6.6% - Industry AVG

production

Production

with a gross margin of 90%, this company has a comparable cost of product (90%)

90% - Peter Harding Practice Limited

90% - Industry AVG

profitability

Profitability

an operating margin of 94.3% make it more profitable than the average company (12.6%)

94.3% - Peter Harding Practice Limited

12.6% - Industry AVG

employees

Employees

with 42 employees, this is above the industry average (20)

42 - Peter Harding Practice Limited

20 - Industry AVG

paystructure

Pay Structure

on an average salary of £55.9k, the company has an equivalent pay structure (£55.9k)

£55.9k - Peter Harding Practice Limited

£55.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £36.4k, this is less efficient (£121.4k)

£36.4k - Peter Harding Practice Limited

£121.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 156 days, this is earlier than average (247 days)

156 days - Peter Harding Practice Limited

247 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Peter Harding Practice Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Peter Harding Practice Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 50 weeks, this is more cash available to meet short term requirements (10 weeks)

50 weeks - Peter Harding Practice Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 25.9%, this is a lower level of debt than the average (93.3%)

25.9% - Peter Harding Practice Limited

93.3% - Industry AVG

PETER HARDING PRACTICE LIMITED financials

EXPORTms excel logo

Peter Harding Practice Limited's latest turnover from March 2023 is estimated at £1.5 million and the company has net assets of £12.3 million. According to their latest financial statements, Peter Harding Practice Limited has 42 employees and maintains cash reserves of £1.7 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,527,6621,262,5261,110,6931,020,111965,638830,769855,290496,038984,0431,057,6871,271,8741,690,9352,563,4941,542,800
Other Income Or Grants00000000000000
Cost Of Sales152,308122,704257,705335,201362,936146,457133,94777,684136,134153,362186,961296,406566,261408,254
Gross Profit1,375,3541,139,822852,988684,910602,702684,312721,343418,353847,909904,3251,084,9131,394,5291,997,2331,134,546
Admin Expenses-65,440-113,360-1,111,153-43,558-535,032-706,810-1,450,895566,93451,479-188,770-38,303692,8181,019,508292,941
Operating Profit1,440,7941,253,1821,964,141728,4681,137,7341,391,1222,172,238-148,581796,4301,093,0951,123,216701,711977,725841,605
Interest Payable00000000000000
Interest Receivable87,57420,7393,4943,74222,38310,7734,4587,6978,4887,4183,9962,7902,178784
Pre-Tax Profit1,528,3681,273,9211,967,635732,2101,160,1161,401,8952,176,696-140,884804,9181,100,5131,127,212704,501979,903842,389
Tax-290,390-242,045-373,851-139,120-220,422-266,360-435,3390-169,033-253,118-270,531-183,170-274,373-235,869
Profit After Tax1,237,9781,031,8761,593,784593,090939,6941,135,5351,741,357-140,884635,885847,395856,681521,331705,530606,520
Dividends Paid00000000000000
Retained Profit1,237,9781,031,8761,593,784593,090939,6941,135,5351,741,357-140,884635,885847,395856,681521,331705,530606,520
Employee Costs2,347,2121,910,1411,331,7841,468,3161,234,971948,647734,769262,653448,037551,897650,339815,6941,407,993886,776
Number Of Employees423627292419166101216213620
EBITDA*1,815,1141,531,6532,089,045841,0851,218,8791,464,7022,250,783-75,335868,6231,160,8481,329,608766,0691,041,873915,466

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets949,1671,028,593980,582989,084282,130156,304123,777154,442113,46684,40312,94811,3787,3649,820
Intangible Assets5,409,6044,603,63268,302147,363197,055246,747296,439346,131395,823445,515627,207688,899750,591869,000
Investments & Other650,000650,000650,000650,000650,000650,000650,000506,512506,5120120,000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets7,008,7716,282,2251,698,8841,786,4471,129,1851,053,0511,070,2161,007,0851,015,801529,918760,155700,277757,955878,820
Stock & work in progress00000000000000
Trade Debtors654,271554,273512,698411,379501,710397,754457,901322,149546,559553,096651,065811,3081,265,909561,101
Group Debtors093,692000000000000
Misc Debtors3,339,7072,205,0001,672,131447,696229,5641,046,267628,967201,266299,78300000
Cash1,708,7152,412,3963,118,1233,868,8713,614,8492,353,8311,955,4001,611,1411,467,7401,927,5271,039,820558,401557,636313,648
misc current assets3,891,4503,899,0513,585,2622,308,6642,832,6492,640,2162,482,4101,465,2671,385,752964,638551,374000
total current assets9,594,1439,164,4128,888,2147,036,6107,178,7726,438,0685,524,6783,599,8233,699,8343,445,2612,242,2591,369,7091,823,545874,749
total assets16,602,91415,446,63710,587,0988,823,0578,307,9577,491,1196,594,8944,606,9084,715,6353,975,1793,002,4142,069,9862,581,5001,753,569
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 00000000529,272423,085309,307234,429344,429221,594
Group/Directors Accounts0000000003,1590000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities1,750,5551,536,197260,292205,708236,536365,638604,948555,139000000
total current liabilities1,750,5551,536,197260,292205,708236,536365,638604,948555,139529,272426,244309,307234,429344,429221,594
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities2,237,5932,562,7800000000000923,872923,872
provisions308,894279,766290,788175,115222,277216,031216,03119,21112,92111,3782,9452,0761,0491,483
total long term liabilities2,546,4872,842,546290,788175,115222,277216,031216,03119,21112,92111,3782,9452,076924,921925,355
total liabilities4,297,0424,378,743551,080380,823458,813581,669820,979574,350542,193437,622312,252236,5051,269,3501,146,949
net assets12,305,87211,067,89410,036,0188,442,2347,849,1446,909,4505,773,9154,032,5584,173,4423,537,5572,690,1621,833,4811,312,150606,620
total shareholders funds12,305,87211,067,89410,036,0188,442,2347,849,1446,909,4505,773,9154,032,5584,173,4423,537,5572,690,1621,833,4811,312,150606,620
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit1,440,7941,253,1821,964,141728,4681,137,7341,391,1222,172,238-148,581796,4301,093,0951,123,216701,711977,725841,605
Depreciation105,130111,46375,21262,92531,45323,88828,85323,55422,5016,0613,9682,6662,4563,047
Amortisation269,190167,00849,69249,69249,69249,69249,69249,69249,69261,692202,42461,69261,69270,814
Tax-290,390-242,045-373,851-139,120-220,422-266,360-435,3390-169,033-253,118-270,531-183,170-274,373-235,869
Stock00000000000000
Debtors1,141,013668,1361,325,754127,801-712,747357,153563,453-322,927293,246-97,969-160,243-454,601704,808561,101
Creditors0000000-529,272106,187113,77874,878-110,000122,835221,594
Accruals and Deferred Income214,3581,275,90554,584-30,828-129,102-239,31049,809555,139000000
Deferred Taxes & Provisions29,128-11,022115,673-47,1626,2460196,8206,2901,5438,4338691,027-4341,483
Cash flow from operations627,1971,886,355559,697496,1741,588,348601,8791,498,620279,749514,0741,127,9101,295,067928,527185,093341,573
Investing Activities
capital expenditure-1,100,866-4,861,812-37,341-769,879-157,279-56,4151,812-64,530-51,56442,484-146,270-6,68056,717-952,681
Change in Investments000000143,4880506,512-120,000120,000000
cash flow from investments-1,100,866-4,861,812-37,341-769,879-157,279-56,415-141,676-64,530-558,076162,484-266,270-6,68056,717-952,681
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000-3,1593,1590000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities-325,1872,562,780000000000-923,8720923,872
share issue0000000000000100
interest87,57420,7393,4943,74222,38310,7734,4587,6978,4887,4183,9962,7902,178784
cash flow from financing-237,6132,583,5193,4943,74222,38310,7734,4587,6975,32910,5773,996-921,0822,178924,756
cash and cash equivalents
cash-703,681-705,727-750,748254,0221,261,018398,431344,259143,401-459,787887,707481,419765243,988313,648
overdraft00000000000000
change in cash-703,681-705,727-750,748254,0221,261,018398,431344,259143,401-459,787887,707481,419765243,988313,648

peter harding practice 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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Peter Harding Practice Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for peter harding practice limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in SP7 area or any other competitors across 12 key performance metrics.

peter harding practice limited Ownership

PETER HARDING PRACTICE LIMITED group structure

Peter Harding Practice Limited has no subsidiary companies.

Ultimate parent company

PETER HARDING PRACTICE LIMITED

04737387

PETER HARDING PRACTICE LIMITED Shareholders

peter richard harding 75%
susannah beverley harding 25%

peter harding practice limited directors

Peter Harding Practice Limited currently has 2 directors. The longest serving directors include Mr Peter Harding (Apr 2003) and Ms Clair Smith (Dec 2021).

officercountryagestartendrole
Mr Peter HardingEngland58 years Apr 2003- Director
Ms Clair SmithEngland46 years Dec 2021- Director

P&L

March 2023

turnover

1.5m

+21%

operating profit

1.4m

0%

gross margin

90.1%

-0.28%

turnover

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

Balance Sheet

March 2023

net assets

12.3m

+0.11%

total assets

16.6m

+0.07%

cash

1.7m

-0.29%

net assets

Total assets minus all liabilities

peter harding practice limited company details

company number

04737387

Type

Private limited with Share Capital

industry

65110 - Life insurance

incorporation date

April 2003

age

21

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2023

previous names

N/A

accountant

MASTERSFULLER

auditor

-

address

tucks house, foyle hill, shaftesbury, dorset, SP7 0AG

Bank

-

Legal Advisor

-

peter harding practice 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 peter harding practice limited. Currently there are 0 open charges and 1 have been satisfied in the past.

charges

peter harding practice limited Companies House Filings - See Documents

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