peers refrigeration limited

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peers refrigeration limited Company Information

Share PEERS REFRIGERATION LIMITED

Company Number

06136072

Directors

Patricia Peers

Simon Peers

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Shareholders

simon peers

john peers

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Group Structure

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Industry

Plumbing, heat and air-conditioning installation

 

Registered Address

1 orton avenue, northern moor, manchester, gt manchester, M23 0LF

Website

-

peers refrigeration limited Estimated Valuation

£141.9k

Pomanda estimates the enterprise value of PEERS REFRIGERATION LIMITED at £141.9k based on a Turnover of £287.3k and 0.49x industry multiple (adjusted for size and gross margin).

peers refrigeration limited Estimated Valuation

£184.5k

Pomanda estimates the enterprise value of PEERS REFRIGERATION LIMITED at £184.5k based on an EBITDA of £44.1k and a 4.18x industry multiple (adjusted for size and gross margin).

peers refrigeration limited Estimated Valuation

£861

Pomanda estimates the enterprise value of PEERS REFRIGERATION LIMITED at £861 based on Net Assets of £305 and 2.83x industry multiple (adjusted for liquidity).

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Peers Refrigeration Limited Overview

Peers Refrigeration Limited is a live company located in manchester, M23 0LF with a Companies House number of 06136072. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in March 2007, it's largest shareholder is simon peers with a 90% stake. Peers Refrigeration Limited is a established, micro sized company, Pomanda has estimated its turnover at £287.3k with high growth in recent years.

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Peers Refrigeration Limited Health Check

Pomanda's financial health check has awarded Peers Refrigeration Limited a 4 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

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £287.3k, make it smaller than the average company (£386k)

£287.3k - Peers Refrigeration Limited

£386k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (11.5%)

26% - Peers Refrigeration Limited

11.5% - Industry AVG

production

Production

with a gross margin of 29.1%, this company has a comparable cost of product (29.1%)

29.1% - Peers Refrigeration Limited

29.1% - Industry AVG

profitability

Profitability

an operating margin of 12.1% make it more profitable than the average company (5.7%)

12.1% - Peers Refrigeration Limited

5.7% - Industry AVG

employees

Employees

with 4 employees, this is similar to the industry average (4)

4 - Peers Refrigeration Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.8k, the company has an equivalent pay structure (£32.8k)

£32.8k - Peers Refrigeration Limited

£32.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £71.8k, this is less efficient (£115.5k)

£71.8k - Peers Refrigeration Limited

£115.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 26 days, this is earlier than average (52 days)

26 days - Peers Refrigeration Limited

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 69 days, this is slower than average (46 days)

69 days - Peers Refrigeration Limited

46 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 52 days, this is more than average (12 days)

52 days - Peers Refrigeration Limited

12 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 23 weeks, this is average cash available to meet short term requirements (20 weeks)

23 weeks - Peers Refrigeration Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (63.4%)

99.8% - Peers Refrigeration Limited

63.4% - Industry AVG

PEERS REFRIGERATION LIMITED financials

EXPORTms excel logo

Peers Refrigeration Limited's latest turnover from March 2024 is estimated at £287.3 thousand and the company has net assets of £305. According to their latest financial statements, Peers Refrigeration Limited has 4 employees and maintains cash reserves of £62.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover287,335222,778260,301145,235231,344254,256276,067315,396269,251115,399156,520126,090200,278271,826190,326
Other Income Or Grants
Cost Of Sales203,685161,078182,625101,974158,049166,090181,182200,906172,44673,39297,44377,530119,656155,243107,559
Gross Profit83,65061,70077,67643,26173,29588,16794,885114,49096,80442,00759,07748,56180,622116,58382,767
Admin Expenses48,905100,27679,14473,00338,09090,07895,578117,428113,94039,85567,69755,11442,14840,54938,113
Operating Profit34,745-38,576-1,468-29,74235,205-1,911-693-2,938-17,1362,152-8,620-6,55338,47476,03444,654
Interest Payable1013111548284480830
Interest Receivable1,652469681331
Pre-Tax Profit36,296-38,887-1,622-29,75035,205-1,911-693-2,934-17,0672,220-8,607-6,52238,19075,55443,824
Tax-9,074-6,689-466-6,938-15,529-9,311
Profit After Tax27,222-38,887-1,622-29,75028,516-1,911-693-2,934-17,0671,754-8,607-6,52231,25260,02534,513
Dividends Paid31,17225,50037,500
Retained Profit27,222-38,887-1,622-29,75028,516-1,911-693-2,934-17,0671,754-8,607-6,5228034,525-2,987
Employee Costs131,358134,672135,72097,693104,718104,023101,520100,414106,45134,87670,67534,36533,86422,91264,865
Number Of Employees444333333121232
EBITDA*44,135-26,1525,211-29,74235,205-1,911-693-2,938-8,80512,790-4502,91544,92577,93647,171

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets28,16937,26820,03926,08034,80213,86518,48819,26024,99531,91431,21036,77627,2477,6069,508
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets28,16937,26820,03926,08034,80213,86518,48819,26024,99531,91431,21036,77627,2477,6069,508
Stock & work in progress29,5005,6509,15012,27512,85016,0004,955
Trade Debtors21,23725,55249,10218,38433,55336,94641,26344,25636,84920,28513,72015,42220,35821,034
Group Debtors
Misc Debtors20,000
Cash62,9303,26124,5322,6002,5539,77243,5552,166
misc current assets
total current assets113,66725,55269,10218,38433,55336,94641,26344,25640,11030,18232,03528,54838,04479,91328,155
total assets141,83662,82089,14144,46468,35550,81159,75163,51665,10562,09663,24565,32465,29187,51937,663
Bank overdraft1,7884,281270
Bank loan
Trade Creditors 38,97820,02513,0089,55325,11336,08543,11446,18644,74124,66527,56821,0403,79210,9397,407
Group/Directors Accounts2,66947797
other short term finances
hp & lease commitments32,57642,47113,629
other current liabilities67,30825,40638,98521,04910,69325,85414,055
total current liabilities141,53189,73770,70030,87225,11336,08543,11446,18644,74124,66527,56821,04014,48536,79321,462
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities6,471
provisions
total long term liabilities6,471
total liabilities141,53189,73777,17130,87225,11336,08543,11446,18644,74124,66527,56821,04014,48536,79321,462
net assets305-26,91711,97013,59243,24214,72616,63717,33020,36437,43135,67744,28450,80650,72616,201
total shareholders funds305-26,91711,97013,59243,24214,72616,63717,33020,36437,43135,67744,28450,80650,72616,201
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit34,745-38,576-1,468-29,74235,205-1,911-693-2,938-17,1362,152-8,620-6,55338,47476,03444,654
Depreciation9,39012,4246,6798,33110,6388,1709,4686,4511,9022,517
Amortisation
Tax-9,074-6,689-466-6,938-15,529-9,311
Stock29,500-5,650-3,500-3,125-575-3,15011,0454,955
Debtors-4,315-43,55050,718-15,169-3,393-4,317-2,9937,40736,849-20,2856,565-1,702-4,936-67621,034
Creditors18,9537,0173,455-15,560-10,972-7,029-3,0721,44520,076-2,9036,52817,248-7,1473,5327,407
Accruals and Deferred Income41,902-13,57917,93621,049-10,693-15,16111,79914,055
Deferred Taxes & Provisions
Cash flow from operations70,73110,836-24,116-9,08420,937-4,623-772-8,900-19,92833,2062,63811,74723,76567,36933,333
Investing Activities
capital expenditure-291-29,653-6388,722-20,9374,6237725,735-1,412-11,342-2,604-18,997-26,092-12,025
Change in Investments
cash flow from investments-291-29,653-6388,722-20,9374,6237725,735-1,412-11,342-2,604-18,997-26,092-12,025
Financing Activities
Bank loans
Group/Directors Accounts2,622-750797
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-9,89528,84213,629
other long term liabilities-6,4716,471
share issue100-10019,188
interest1,551-311-154-8469681331-284-480-830
cash flow from financing-5,72221,31020,74392-9669681331-284-48018,358
cash and cash equivalents
cash62,930-3,261-21,27121,93247-7,219-33,78341,3892,166
overdraft-1,788-2,4934,011270
change in cash64,7182,493-4,011-270-3,261-21,27121,93247-7,219-33,78341,3892,166

peers refrigeration 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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Peers Refrigeration Limited Competitor Analysis

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Perform a competitor analysis for peers refrigeration limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in M23 area or any other competitors across 12 key performance metrics.

peers refrigeration limited Ownership

PEERS REFRIGERATION LIMITED group structure

Peers Refrigeration Limited has no subsidiary companies.

Ultimate parent company

PEERS REFRIGERATION LIMITED

06136072

PEERS REFRIGERATION LIMITED Shareholders

simon peers 90%
john peers 9%
mrs patricia ann peers 1%

peers refrigeration limited directors

Peers Refrigeration Limited currently has 3 directors. The longest serving directors include Mrs Patricia Peers (Mar 2007) and Mr Simon Peers (Mar 2007).

officercountryagestartendrole
Mrs Patricia PeersUnited Kingdom78 years Mar 2007- Director
Mr Simon Peers55 years Mar 2007- Director
Mr John Peers32 years Apr 2015- Director

P&L

March 2024

turnover

287.3k

+29%

operating profit

34.7k

0%

gross margin

29.2%

+5.12%

turnover

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

Balance Sheet

March 2024

net assets

305

-1.01%

total assets

141.8k

+1.26%

cash

62.9k

0%

net assets

Total assets minus all liabilities

peers refrigeration limited company details

company number

06136072

Type

Private limited with Share Capital

industry

43220 - Plumbing, heat and air-conditioning installation

incorporation date

March 2007

age

18

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

PREMIER ACCOUNTS & CONSULTANCY LTD

auditor

-

address

1 orton avenue, northern moor, manchester, gt manchester, M23 0LF

Bank

-

Legal Advisor

-

peers refrigeration 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 did not find charges/mortgages relating to peers refrigeration limited.

peers refrigeration 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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peers refrigeration limited Companies House Filings - See Documents

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