proline group ltd Company Information
Company Number
06132725
Website
www.prolinegroup.comRegistered Address
regency house, 45-53 chorley new road, bolton, BL1 4QR
Industry
Plumbing, heat and air-conditioning installation
Telephone
08007567556
Next Accounts Due
April 2024
Group Structure
View All
Shareholders
gillian cree 47.5%
robert ian cree 31.2%
View Allproline group ltd Estimated Valuation
The estimated valuation range for proline group ltd, derived from financial data as of September 2017 and the most recent industry multiples, is between £2.3m to £4m
proline group ltd Estimated Valuation
The estimated valuation range for proline group ltd, derived from financial data as of September 2017 and the most recent industry multiples, is between £2.3m to £4m
proline group ltd Estimated Valuation
The estimated valuation range for proline group ltd, derived from financial data as of September 2017 and the most recent industry multiples, is between £2.3m to £4m
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Proline Group Ltd Overview
Proline Group Ltd is a dissolved company that was located in bolton, BL1 4QR with a Companies House number of 06132725. It operated in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in March 2007, it's largest shareholder was gillian cree with a 47.5% stake. The last turnover for Proline Group Ltd was estimated at £11.3m.
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Proline Group Ltd Health Check
Pomanda's financial health check has awarded Proline Group Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £11.3m, make it larger than the average company (£230.8k)
£11.3m - Proline Group Ltd
£230.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (7.1%)
- Proline Group Ltd
7.1% - Industry AVG
Production
with a gross margin of 10.5%, this company has a higher cost of product (34%)
10.5% - Proline Group Ltd
34% - Industry AVG
Profitability
an operating margin of 4.3% make it less profitable than the average company (9.5%)
4.3% - Proline Group Ltd
9.5% - Industry AVG
Employees
with 73 employees, this is above the industry average (8)
73 - Proline Group Ltd
8 - Industry AVG
Pay Structure
on an average salary of £33k, the company has an equivalent pay structure (£32.4k)
£33k - Proline Group Ltd
£32.4k - Industry AVG
Efficiency
resulting in sales per employee of £154.9k, this is more efficient (£110.5k)
£154.9k - Proline Group Ltd
£110.5k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (46 days)
67 days - Proline Group Ltd
46 days - Industry AVG
Creditor Days
its suppliers are paid after 98 days, this is slower than average (44 days)
98 days - Proline Group Ltd
44 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is less than average (9 days)
5 days - Proline Group Ltd
9 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is less cash available to meet short term requirements (23 weeks)
15 weeks - Proline Group Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.3%, this is a higher level of debt than the average (70.3%)
83.3% - Proline Group Ltd
70.3% - Industry AVG
proline group ltd Credit Report and Business Information
Proline Group Ltd Competitor Analysis
Perform a competitor analysis for proline group ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
proline group ltd Ownership
PROLINE GROUP LTD group structure
Proline Group Ltd has 2 subsidiary companies.
Ultimate parent company
1 parent
PROLINE GROUP LTD
06132725
2 subsidiaries
proline group ltd directors
Proline Group Ltd currently has 2 directors. The longest serving directors include Mr Michael Cree (Mar 2007) and Mr Michael Fraser (Mar 2007).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Cree | United Kingdom | 44 years | Mar 2007 | - | Director |
Mr Michael Fraser | England | 43 years | Mar 2007 | - | Director |
PROLINE GROUP LTD financials
Proline Group Ltd's latest turnover from September 2017 is £11.3 million and the company has net assets of £783 thousand. According to their latest financial statements, Proline Group Ltd has 73 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|
Turnover | 11,310,529 | 7,731,460 | 752,293 | |||||
Other Income Or Grants | 0 | 0 | ||||||
Cost Of Sales | 10,121,764 | 6,784,547 | ||||||
Gross Profit | 1,188,765 | 946,913 | ||||||
Admin Expenses | 702,233 | 649,617 | ||||||
Operating Profit | 486,532 | 297,296 | ||||||
Interest Payable | 17,721 | 19,092 | ||||||
Interest Receivable | 0 | 0 | ||||||
Pre-Tax Profit | 468,811 | 278,204 | ||||||
Tax | -94,850 | -58,806 | ||||||
Profit After Tax | 373,961 | 219,398 | ||||||
Dividends Paid | 47,164 | 40,900 | ||||||
Retained Profit | 326,797 | 178,498 | ||||||
Employee Costs | 2,407,594 | 1,564,775 | ||||||
Number Of Employees | 73 | 50 | ||||||
EBITDA* | 531,585 | 343,400 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|
Tangible Assets | 119,671 | 126,836 | 157,470 | 184,866 | 239,595 | 130,061 | 14,322 | 8,205 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 119,671 | 126,836 | 157,470 | 184,866 | 239,595 | 130,061 | 14,322 | 8,205 |
Stock & work in progress | 156,298 | 163,367 | 169,575 | 174,382 | 197,945 | 297,500 | 21,690 | 45,203 |
Trade Debtors | 2,084,499 | 1,580,395 | 1,260,410 | 1,901,446 | 1,374,832 | 787,008 | 805,272 | 105,933 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,203,276 | 990,642 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 1,113,801 | 0 | 0 | 35,693 | 509 | 6 | 9,324 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 4,557,874 | 2,734,404 | 1,429,985 | 2,111,521 | 1,573,286 | 1,084,514 | 836,286 | 151,136 |
total assets | 4,677,545 | 2,861,240 | 1,587,455 | 2,296,387 | 1,812,881 | 1,214,575 | 850,608 | 159,341 |
Bank overdraft | 0 | 298,497 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 62,333 | 49,797 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 2,743,219 | 1,468,927 | 1,316,601 | 2,076,521 | 1,742,863 | 909,945 | 590,922 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 928,419 | 512,237 | 0 | 0 | 0 | 0 | 0 | 133,202 |
total current liabilities | 3,733,971 | 2,329,458 | 1,316,601 | 2,076,521 | 1,742,863 | 909,945 | 590,922 | 133,202 |
loans | 109,958 | 70,759 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 41,564 | 28,768 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 23,179 | 58,333 | 323 | 0 | 0 | 0 |
provisions | 9,082 | 6,082 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 160,604 | 105,609 | 23,179 | 58,333 | 323 | 0 | 0 | 0 |
total liabilities | 3,894,575 | 2,435,067 | 1,339,780 | 2,134,854 | 1,743,186 | 909,945 | 590,922 | 133,202 |
net assets | 782,970 | 426,173 | 247,675 | 161,533 | 69,695 | 304,630 | 259,686 | 26,139 |
total shareholders funds | 782,970 | 426,173 | 247,675 | 161,533 | 69,695 | 304,630 | 259,686 | 26,139 |
Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||
Operating Profit | 486,532 | 297,296 | ||||||
Depreciation | 45,053 | 46,104 | 43,304 | 63,682 | 14,766 | 8,052 | 3,845 | 2,488 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -94,850 | -58,806 | ||||||
Stock | -7,069 | -6,208 | -4,807 | -23,563 | -99,555 | 275,810 | -23,513 | 45,203 |
Debtors | 716,738 | 1,310,627 | -641,036 | 526,614 | 587,824 | -18,264 | 699,339 | 105,933 |
Creditors | 1,274,292 | 152,326 | -759,920 | 333,658 | 832,918 | 319,023 | 590,922 | 0 |
Accruals and Deferred Income | 428,978 | 541,005 | 0 | 0 | 0 | 0 | -133,202 | 133,202 |
Deferred Taxes & Provisions | 3,000 | 6,082 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 1,433,336 | -320,412 | ||||||
Investing Activities | ||||||||
capital expenditure | -37,887 | -15,447 | ||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | -37,887 | -15,447 | ||||||
Financing Activities | ||||||||
Bank loans | 12,536 | 49,797 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 39,199 | 70,759 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | -23,179 | -35,154 | 58,010 | 323 | 0 | 0 | 0 |
share issue | ||||||||
interest | -17,721 | -19,092 | ||||||
cash flow from financing | 64,014 | 78,285 | ||||||
cash and cash equivalents | ||||||||
cash | 1,113,801 | 0 | -35,693 | 35,184 | 503 | -9,318 | 9,324 | 0 |
overdraft | -298,497 | 298,497 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 1,412,298 | -298,497 | -35,693 | 35,184 | 503 | -9,318 | 9,324 | 0 |
P&L
September 2017turnover
11.3m
+46%
operating profit
486.5k
+64%
gross margin
10.6%
-14.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2017net assets
783k
+0.84%
total assets
4.7m
+0.63%
cash
1.1m
0%
net assets
Total assets minus all liabilities
proline group ltd company details
company number
06132725
Type
Private limited with Share Capital
industry
43220 - Plumbing, heat and air-conditioning installation
incorporation date
March 2007
age
17
accounts
Full Accounts
ultimate parent company
previous names
proline mechanical ltd (August 2015)
incorporated
UK
address
regency house, 45-53 chorley new road, bolton, BL1 4QR
last accounts submitted
September 2017
proline group 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 did not find charges/mortgages relating to proline group ltd.
proline group ltd Companies House Filings - See Documents
date | description | view/download |
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