plexus support services limited

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plexus support services limited Company Information

Share PLEXUS SUPPORT SERVICES LIMITED

Company Number

06308955

Shareholders

nottinghamshire local medical committee ltd

Group Structure

View All

Industry

Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

 

Registered Address

18 the ropewalk, nottingham, NG1 5DT

plexus support services limited Estimated Valuation

£279.8k

Pomanda estimates the enterprise value of PLEXUS SUPPORT SERVICES LIMITED at £279.8k based on a Turnover of £639.2k and 0.44x industry multiple (adjusted for size and gross margin).

plexus support services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PLEXUS SUPPORT SERVICES LIMITED at £0 based on an EBITDA of £-337.8k and a 3.72x industry multiple (adjusted for size and gross margin).

plexus support services limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of PLEXUS SUPPORT SERVICES LIMITED at £1.6m based on Net Assets of £686.4k and 2.36x industry multiple (adjusted for liquidity).

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Plexus Support Services Limited Overview

Plexus Support Services Limited is a live company located in nottingham, NG1 5DT with a Companies House number of 06308955. It operates in the other engineering activities sector, SIC Code 71129. Founded in July 2007, it's largest shareholder is nottinghamshire local medical committee ltd with a 100% stake. Plexus Support Services Limited is a established, small sized company, Pomanda has estimated its turnover at £639.2k with high growth in recent years.

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Plexus Support Services Limited Health Check

Pomanda's financial health check has awarded Plexus Support Services Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £639.2k, make it smaller than the average company (£3.1m)

£639.2k - Plexus Support Services Limited

£3.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (9.8%)

18% - Plexus Support Services Limited

9.8% - Industry AVG

production

Production

with a gross margin of 35.4%, this company has a comparable cost of product (35.4%)

35.4% - Plexus Support Services Limited

35.4% - Industry AVG

profitability

Profitability

an operating margin of -53.4% make it less profitable than the average company (6.6%)

-53.4% - Plexus Support Services Limited

6.6% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (25)

5 - Plexus Support Services Limited

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £53.6k, the company has an equivalent pay structure (£53.6k)

£53.6k - Plexus Support Services Limited

£53.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £127.8k, this is equally as efficient (£127.8k)

£127.8k - Plexus Support Services Limited

£127.8k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Plexus Support Services Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Plexus Support Services Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Plexus Support Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 137 weeks, this is more cash available to meet short term requirements (21 weeks)

137 weeks - Plexus Support Services Limited

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 37.9%, this is a lower level of debt than the average (56.2%)

37.9% - Plexus Support Services Limited

56.2% - Industry AVG

PLEXUS SUPPORT SERVICES LIMITED financials

EXPORTms excel logo

Plexus Support Services Limited's latest turnover from March 2024 is estimated at £639.2 thousand and the company has net assets of £686.4 thousand. According to their latest financial statements, Plexus Support Services Limited has 5 employees and maintains cash reserves of £1.1 million 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
Turnover639,158722,738190,869392,670360,176280,682334,881338,311603,848589,407428,68546,443246,062180,520145,492
Other Income Or Grants
Cost Of Sales413,000473,407126,019257,509243,913182,357214,045213,249379,467370,173275,55630,225151,570109,43288,507
Gross Profit226,158249,33264,850135,161116,26398,325120,836125,062224,381219,234153,13016,21894,49371,08856,985
Admin Expenses567,43665,059-68,26333,683-28,66471,49584,325-25,578164,608126,21842,745-16,87949,23350,71931,058
Operating Profit-341,278184,273133,113101,478144,92726,83036,511150,64059,77393,016110,38533,09745,26020,36925,927
Interest Payable
Interest Receivable55,56939,4185,6276345413,4382,1718621,13185662342220512372
Pre-Tax Profit-285,709223,691138,741102,112145,46830,26838,683151,50360,90493,872111,00833,51845,46520,49225,999
Tax-42,501-26,361-19,401-27,639-5,751-7,350-30,300-12,181-19,713-25,532-8,044-11,821-5,738-7,280
Profit After Tax-285,709181,190112,38082,711117,82924,51731,333121,20248,72374,15985,47625,47433,64414,75418,719
Dividends Paid
Retained Profit-285,709181,190112,38082,711117,82924,51731,333121,20248,72374,15985,47625,47433,64414,75418,719
Employee Costs268,138308,232198,866185,684232,105283,477273,96290,963274,512230,356180,21842,571124,07878,64678,844
Number Of Employees564456626541322
EBITDA*-337,849188,558138,288107,932152,27131,54841,665157,08367,444100,031118,15033,09745,26020,36925,927

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets13,71417,14320,70125,81829,37618,87220,61625,77030,68228,05831,058
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets13,71417,14320,70125,81829,37618,87220,61625,77030,68228,05831,058
Stock & work in progress
Trade Debtors10893,30771,57533,54054,57252,406106,75395,08666,49393743,58835,36618,029
Group Debtors7,384
Misc Debtors2,1541,69211,5741,2841,0261,0263,128
Cash1,088,6531,028,273826,710673,917594,965486,135430,663437,827251,857200,533141,950107,31961,31520,49628,757
misc current assets5,7176,2336,2336,233
total current assets1,090,8071,029,965832,535778,798667,824520,701486,261500,745364,843301,852214,676108,256104,90355,86246,786
total assets1,104,5211,047,108853,236804,616697,200539,573506,877526,515395,525329,910245,734108,256104,90355,86246,786
Bank overdraft
Bank loan
Trade Creditors 10,49513,3773,9639,10264,25752,67572,07161,45415,66437,78522,38828,066
Group/Directors Accounts12,6162,616
other short term finances
hp & lease commitments
other current liabilities412,95469,83257,150110,41582,33154,31027,55134,95232,698
total current liabilities412,95469,83257,150120,91095,70858,27349,26999,20987,98972,07161,45415,66437,78522,38828,066
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions5,1645,1645,1645,1645,6613,2984,1235,1546,5865,6126,212
total long term liabilities5,1645,1645,1645,1645,6613,2984,1235,1546,5865,6126,212
total liabilities418,11874,99662,314126,074101,36961,57153,392104,36394,57577,68367,66615,66437,78522,38828,066
net assets686,403972,112790,922678,542595,831478,002453,485422,152300,950252,227178,06892,59267,11833,47418,720
total shareholders funds686,403972,112790,922678,542595,831478,002453,485422,152300,950252,227178,06892,59267,11833,47418,720
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-341,278184,273133,113101,478144,92726,83036,511150,64059,77393,016110,38533,09745,26020,36925,927
Depreciation3,4294,2855,1756,4547,3444,7185,1546,4437,6717,0157,765
Amortisation
Tax-42,501-26,361-19,401-27,639-5,751-7,350-30,300-12,181-19,713-25,532-8,044-11,821-5,738-7,280
Stock
Debtors4621,584-104,77332,02238,293-21,032-7,320-43,83511,66728,59365,556-42,6518,22217,33718,029
Creditors-10,495-2,8829,414-5,139-55,15511,582-19,39610,61745,790-22,12115,397-5,67828,066
Accruals and Deferred Income343,12212,682-53,26528,08428,02126,759-7,4012,25432,698
Deferred Taxes & Provisions-4972,363-825-1,031-1,432974-6006,212
Cash flow from operations4,811157,155152,94081,214126,13767,624-21,952183,02257,87261,74279,06445,58340,614-8,38428,684
Investing Activities
capital expenditure-727-58-2,896-17,848-2,974-1,531-10,295-4,015-38,823
Change in Investments
cash flow from investments-727-58-2,896-17,848-2,974-1,531-10,295-4,015-38,823
Financing Activities
Bank loans
Group/Directors Accounts-12,61612,616-2,6162,616
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue1
interest55,56939,4185,6276345413,4382,1718621,13185662342220512372
cash flow from financing55,56939,4185,627634541-9,17814,787-1,7543,74785662342220512373
cash and cash equivalents
cash60,380201,563152,79378,952108,83055,472-7,164185,97051,32458,58334,63146,00440,819-8,26128,757
overdraft
change in cash60,380201,563152,79378,952108,83055,472-7,164185,97051,32458,58334,63146,00440,819-8,26128,757

plexus support services 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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Plexus Support Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for plexus support services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in NG1 area or any other competitors across 12 key performance metrics.

plexus support services limited Ownership

PLEXUS SUPPORT SERVICES LIMITED group structure

Plexus Support Services Limited has no subsidiary companies.

Ultimate parent company

1 parent

PLEXUS SUPPORT SERVICES LIMITED

06308955

PLEXUS SUPPORT SERVICES LIMITED Shareholders

nottinghamshire local medical committee ltd 100%

plexus support services limited directors

Plexus Support Services Limited currently has 5 directors. The longest serving directors include Mr Michael Wright (Apr 2016) and Dr Gurminder Singh (Sep 2019).

officercountryagestartendrole
Mr Michael WrightEngland50 years Apr 2016- Director
Dr Gurminder SinghEngland44 years Sep 2019- Director
Miss Helen ShukerEngland45 years Apr 2023- Director
Ms Janice FosterEngland50 years May 2023- Director
Mrs Lauren RhodesEngland33 years May 2023- Director

P&L

March 2024

turnover

639.2k

-12%

operating profit

-341.3k

0%

gross margin

35.4%

+2.57%

turnover

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

Balance Sheet

March 2024

net assets

686.4k

-0.29%

total assets

1.1m

+0.05%

cash

1.1m

+0.06%

net assets

Total assets minus all liabilities

plexus support services limited company details

company number

06308955

Type

Private limited with Share Capital

industry

71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

incorporation date

July 2007

age

18

incorporated

UK

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

practice support services (nottinghamshire) limited (April 2023)

accountant

-

auditor

-

address

18 the ropewalk, nottingham, NG1 5DT

Bank

-

Legal Advisor

-

plexus support services 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 plexus support services limited.

plexus support services 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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plexus support services limited Companies House Filings - See Documents

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