Plessey News (blyth) Limited

POWER SEARCH PRICING

SOLUTIONS

plessey news (blyth) limited Company Information

Live

MatureSmallDeclining

Company Number

05020326

Website

Registered Address

5 seafield mews, seaton sluice, whitley bay, NE26 4JZ

Industry

Retail sale in non-specialised stores with food, beverages or tobacco predominating

Telephone

01670353393

Next Accounts Due

October 2024

Group Structure

View All

Directors

Shahid Saleem14 Years

Shareholders

shahid saleem 100%

plessey news (blyth) limited Estimated Valuation

£199.5k

Pomanda estimates the enterprise value of PLESSEY NEWS (BLYTH) LIMITED at £199.5k based on a Turnover of £684.2k and 0.29x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Plessey News (blyth) Limited is a live company located in whitley bay, NE26 4JZ with a Companies House number of 05020326. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in January 2004, it's largest shareholder is shahid saleem with a 100% stake. Plessey News (blyth) Limited is a mature, small sized company, Pomanda has estimated its turnover at £684.2k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Plessey News (Blyth) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Rating1.5out of 5

1 Strong

2 Regular

8 Weak

Size

annual sales of £684.2k, make it smaller than the average company (£933k)

Growth

3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (4.7%)

EXPORT

Plessey News (Blyth) Limited's latest turnover from January 2023 is estimated at £684.2 thousand and the company has net assets of £38.9 thousand. According to their latest financial statements, Plessey News (Blyth) Limited has 9 employees and maintains cash reserves of £45.9 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Turnover	684,181	695,644	2,739,910	1,897,049	623,234	586,886	523,180	592,294	779,529	702,672	724,829	557,397	571,764	464,661
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	525,112	537,067	2,139,435	1,452,596	483,848	459,645	409,054	463,623	609,039	552,670	568,560	435,459	452,811	368,337
Gross Profit	159,069	158,577	600,474	444,452	139,386	127,240	114,126	128,671	170,490	150,002	156,269	121,938	118,953	96,324
Admin Expenses	168,059	171,627	581,506	444,452	116,361	89,583	124,015	133,134	177,544	155,310	145,731	123,983	132,370	42,689
Operating Profit	-8,990	-13,050	18,968	0	23,025	37,657	-9,889	-4,463	-7,054	-5,308	10,538	-2,045	-13,417	53,635
Interest Payable	5,430	1,924	0	290	514	525	916	643	0	0	0	0	0	0
Interest Receivable	1,552	54	0	47	71	40	14	36	77	64	24	23	38	19
Pre-Tax Profit	-12,868	-14,920	18,968	-244	22,583	37,172	-10,791	-5,070	-6,977	-5,244	10,562	-2,022	-13,379	53,654
Tax	0	0	-3,604	0	-4,291	-7,063	0	0	0	0	-2,535	0	0	-15,023
Profit After Tax	-12,868	-14,920	15,364	-244	18,292	30,109	-10,791	-5,070	-6,977	-5,244	8,027	-2,022	-13,379	38,631
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-12,868	-14,920	15,364	-244	18,292	30,109	-10,791	-5,070	-6,977	-5,244	8,027	-2,022	-13,379	38,631
Employee Costs	136,530	134,704	128,296	152,625	97,266	79,002	80,190	79,503	103,689	91,136	98,166	72,753	72,753	60,227
Number Of Employees	9	9	9	11	7	6	6	6	8	7	8	6	6	5
EBITDA*	725	-13,050	18,968	6,747	26,764	42,094	-4,854	544	2,869	4,106	19,145	5,852	-6,402	53,635

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Tangible Assets	40,753	50,468	60,199	37,739	20,525	24,264	27,352	26,806	25,813	21,735	16,721	14,128	9,704	13,431
Intangible Assets	0	0	0	0	0	0	0	0	0	5,000	10,000	15,000	20,000	30,000
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	40,753	50,468	60,199	37,739	20,525	24,264	27,352	26,806	25,813	26,735	26,721	29,128	29,704	43,431
Stock & work in progress	72,680	75,230	0	0	68,200	59,700	51,100	62,600	63,200	56,400	52,230	39,150	37,300	25,900
Trade Debtors	0	0	142,139	86,902	0	0	0	0	0	0	0	0	0	0
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	16,721	16,749	0	0	1,388	3,081	2,028	2,412	0	0	0	0	0	0
Cash	45,862	42,806	0	0	12,404	6,614	9,279	1,693	12,748	18,076	7,541	1,915	7,482	7,737
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	135,263	134,785	142,139	86,902	81,992	69,395	62,407	66,705	75,948	74,476	59,771	41,065	44,782	33,637
total assets	176,016	185,253	202,338	124,641	102,517	93,659	89,759	93,511	101,761	101,211	86,492	70,193	74,486	77,068
Bank overdraft	0	0	0	0	0	6,619	26	5,924	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	8,679	9,107	39,500	55,017	16,290	24,902	26,267	25,026	64,132	52,180	55,233	46,961	49,232	38,435
Group/Directors Accounts	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	53,456	37,365	0	0	26,047	28,852	50,788	34,740	0	0	0	0	0	0
total current liabilities	62,135	46,472	39,500	55,017	42,337	60,373	77,081	65,690	64,132	52,180	55,233	46,961	49,232	38,435
loans	52,764	61,554	0	0	8,602	0	9,501	13,853	0	0	0	0	0	0
hp & lease commitments	22,207	25,449	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
other liabilities	0	0	96,142	18,292	0	0	0	0	18,591	23,016	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	74,971	87,003	96,142	18,292	8,602	0	9,501	13,853	18,591	23,016	0	0	0	0
total liabilities	137,106	133,475	135,642	73,309	50,939	60,373	86,582	79,543	82,723	75,196	55,233	46,961	49,232	38,435
net assets	38,910	51,778	66,696	51,332	51,578	33,286	3,177	13,968	19,038	26,015	31,259	23,232	25,254	38,633
total shareholders funds	38,910	51,778	66,696	51,332	51,578	33,286	3,177	13,968	19,038	26,015	31,259	23,232	25,254	38,633

	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Operating Activities
Operating Profit	-8,990	-13,050	18,968	0	23,025	37,657	-9,889	-4,463	-7,054	-5,308	10,538	-2,045	-13,417	53,635
Depreciation	9,715	0	0	6,747	3,739	4,437	5,035	5,007	4,923	4,414	3,607	2,897	2,015	0
Amortisation	0	0	0	0	0	0	0	0	5,000	5,000	5,000	5,000	5,000	0
Tax	0	0	-3,604	0	-4,291	-7,063	0	0	0	0	-2,535	0	0	-15,023
Stock	-2,550	75,230	0	-68,200	8,500	8,600	-11,500	-600	6,800	4,170	13,080	1,850	11,400	25,900
Debtors	-28	-125,390	55,237	85,514	-1,693	1,053	-384	2,412	0	0	0	0	0	0
Creditors	-428	-30,393	-15,517	38,727	-8,612	-1,365	1,241	-39,106	11,952	-3,053	8,272	-2,271	10,797	38,435
Accruals and Deferred Income	16,091	37,365	0	-26,047	-2,805	-21,936	16,048	34,740	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	18,966	44,082	-55,390	2,113	4,249	2,077	24,319	-5,634	8,021	-3,117	11,802	1,731	-7,005	51,147
Investing Activities
capital expenditure	0	9,731	-22,460	-23,961	0	-1,349	-5,581	-6,000	-9,001	-9,428	-6,200	-7,321	6,712	-43,431
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	9,731	-22,460	-23,961	0	-1,349	-5,581	-6,000	-9,001	-9,428	-6,200	-7,321	6,712	-43,431
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	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	-8,790	61,554	0	-8,602	8,602	-9,501	-4,352	13,853	0	0	0	0	0	0
Hire Purchase and Lease Commitments	-3,242	25,449	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	-96,142	77,850	18,292	0	0	0	-18,591	-4,425	23,016	0	0	0	0
share issue	0	2	0	-2	0	0	0	0	0	0	0	0	0	2
interest	-3,878	-1,870	0	-243	-443	-485	-902	-607	77	64	24	23	38	19
cash flow from financing	-15,910	-11,007	77,850	9,445	8,159	-9,986	-5,254	-5,345	-4,348	23,080	24	23	38	21
cash and cash equivalents
cash	3,056	42,806	0	-12,404	5,790	-2,665	7,586	-11,055	-5,328	10,535	5,626	-5,567	-255	7,737
overdraft	0	0	0	0	-6,619	6,593	-5,898	5,924	0	0	0	0	0	0
change in cash	3,056	42,806	0	-12,404	12,409	-9,258	13,484	-16,979	-5,328	10,535	5,626	-5,567	-255	7,737

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for plessey news (blyth) limited. Get real-time insights into plessey news (blyth) limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for plessey news (blyth) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in NE26 area or any other competitors across 12 key performance metrics.

PLESSEY NEWS (BLYTH) LIMITED group structure

Plessey News (Blyth) Limited has no subsidiary companies.

Ultimate parent company

PLESSEY NEWS (BLYTH) LIMITED

05020326

PLESSEY NEWS (BLYTH) LIMITED Shareholders

shahid saleem

100%

Plessey News (Blyth) Limited currently has 1 director, Mr Shahid Saleem serving since May 2010.

officer	country	age	start	end	role
Mr Shahid Saleem	United Kingdom	48 years	May 2010	-	Director

P&L

January 2023

turnover

684.2k

-2%

operating profit

-9k

gross margin

23.3%

+1.99%

turnover

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

Balance Sheet

January 2023

net assets

38.9k

-0.25%

total assets

176k

-0.05%

cash

45.9k

+0.07%

net assets

Total assets minus all liabilities

Similar Companies

knox (north east) ltd

rhs ne limited

jubilee stores (seaham) limited

lou's of sunderland limited

archies stores ltd

company number

05020326

Type

Private limited with Share Capital

industry

47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating

incorporation date

January 2004

ultimate parent company

None

previous names

N/A

address

5 seafield mews, seaton sluice, whitley bay, NE26 4JZ

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 plessey news (blyth) limited. Currently there are 2 open charges and 1 have been satisfied in the past.

plessey news (blyth) limited Company Information

plessey news (blyth) limited Estimated Valuation

plessey news (blyth) limited Estimated Valuation

plessey news (blyth) limited Estimated Valuation

Plessey News (blyth) Limited Overview

Plessey News (blyth) Limited Health Check

PLESSEY NEWS (BLYTH) LIMITED financials

plessey news (blyth) limited Credit Report and Business Information

Plessey News (blyth) Limited Competitor Analysis

plessey news (blyth) limited Ownership

plessey news (blyth) limited directors

plessey news (blyth) limited company details

plessey news (blyth) limited Charges & Mortgages

plessey news (blyth) limited Companies House Filings - See Documents