Pennine Mechanical Engineers Limited

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pennine mechanical engineers limited Company Information

Company Number

06495585

Next Accounts

Dec 2025

Directors

Christopher Rawstron

Shareholders

mr christopher john rawstron

miss susan amanda bowden

Group Structure

View All

Industry

Plumbing, heat and air-conditioning installation

Registered Address

heatherleigh, high lane, salterforth, barnoldswick, BB18 5SL

Website

www.pmel.co.uk

pennine mechanical engineers limited Estimated Valuation

£543.3k

Pomanda estimates the enterprise value of PENNINE MECHANICAL ENGINEERS LIMITED at £543.3k based on Net Assets of £192.2k and 2.83x industry multiple (adjusted for liquidity).

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Pennine Mechanical Engineers Limited is a live company located in barnoldswick, BB18 5SL with a Companies House number of 06495585. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in February 2008, it's largest shareholder is mr christopher john rawstron with a 60% stake. Pennine Mechanical Engineers Limited is a established, micro sized company, Pomanda has estimated its turnover at £187.2k with healthy growth in recent years.

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Pomanda's financial health check has awarded Pennine Mechanical Engineers Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

2 Strong

2 Regular

6 Weak

Size

annual sales of £187.2k, make it smaller than the average company (£383.9k)

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a similar rate (11.5%)

EXPORT

Pennine Mechanical Engineers Limited's latest turnover from March 2024 is estimated at £187.2 thousand and the company has net assets of £192.2 thousand. According to their latest financial statements, Pennine Mechanical Engineers Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Turnover	187,158	274,551	51,698	128,560	367,702	142,588	239,698	67,187	80,852	63,768	93,258	142,333	158,333	158,044
Other Income Or Grants
Cost Of Sales	152,924	226,218	42,377	105,475	296,514	113,421	188,162	52,351	64,104	49,572	72,441	107,361	117,891	114,324
Gross Profit	34,234	48,332	9,320	23,086	71,188	29,167	51,536	14,836	16,748	14,196	20,817	34,972	40,442	43,721
Admin Expenses	63,380	80,284	27,933	-76,701	-159,765	14,021	25,168	-34,061	13,792	13,707	20,753	58,201	48,152	119,197	-147,826
Operating Profit	-29,146	-31,952	-18,613	99,787	230,953	15,146	26,368	48,897	2,956	489	64	-23,229	-7,710	-75,476	147,826
Interest Payable
Interest Receivable		2,608	1,244	176	71	266	156	42				30	30	22	22
Pre-Tax Profit	-29,146	-29,344	-17,369	99,963	231,025	15,412	26,525	48,939	2,956	489	64	-23,199	-7,680	-75,454	147,849
Tax				-18,993	-43,895	-2,928	-5,040	-9,788	-591	-103	-15				-41,398
Profit After Tax	-29,146	-29,344	-17,369	80,970	187,130	12,484	21,485	39,151	2,365	386	49	-23,199	-7,680	-75,454	106,451
Dividends Paid
Retained Profit	-29,146	-29,344	-17,369	80,970	187,130	12,484	21,485	39,151	2,365	386	49	-23,199	-7,680	-75,454	106,451
Employee Costs	32,843	33,668	33,930	32,564	34,906	34,955	32,171	35,866	36,268	34,597	35,920	34,365	34,707	32,102
Number Of Employees	1	1	1	1	1	1	1	1	1	1	1	1	1	1
EBITDA*	-29,146	-31,378	-17,952	124,729	256,823	30,422	41,649	53,609	9,345	7,983	8,872	-12,382	-1,562	-67,817	153,533

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Tangible Assets	117,820	118,324	118,898	119,559	97,172	81,349	68,249	65,529	29,226	32,379	37,579	46,387	22,456	25,120	19,905
Intangible Assets														500	1,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets	117,820	118,324	118,898	119,559	97,172	81,349	68,249	65,529	29,226	32,379	37,579	46,387	22,456	25,620	20,905
Stock & work in progress			2,740	3,250	2,980	3,265	4,975	3,270	3,920	3,485	3,180	3,425	4,829	4,483	875
Trade Debtors	82,176	125,376	20,287		110,764	51,774	92,190	19,015	11,751	7,223	15,159	28,309	40,350	44,592	229,953
Group Debtors
Misc Debtors	558	820	21,443	51,681	62,927	18,844	392	384
Cash			122,719	208,946	142,509	41,738	29,287	33,299					11,951		8,937
misc current assets
total current assets	82,734	126,196	167,189	263,877	319,180	115,621	126,844	55,968	15,671	10,708	18,339	31,734	57,130	49,075	239,765
total assets	200,554	244,520	286,087	383,436	416,352	196,970	195,093	121,497	44,897	43,087	55,918	78,121	79,586	74,695	260,670
Bank overdraft
Bank loan
Trade Creditors	8,313	20,983	4,261	62,823	153,083	39,626	58,386	13,118	40,443	38,113	44,446	59,160	50,369	32,473	151,369
Group/Directors Accounts															743
other short term finances
hp & lease commitments				4,577	13,195	13,195	7,195	7,195
other current liabilities			13,935	31,004	45,398	35,673	37,685	24,183
total current liabilities	8,313	20,983	18,196	98,404	211,676	88,494	103,266	44,496	40,443	38,113	44,446	59,160	50,369	32,473	152,112
loans
hp & lease commitments					5,243	23,726	18,587	25,782
Accruals and Deferred Income		2,150
other liabilities										2,638	8,898	15,128	2,446	7,337
provisions			17,060	16,832	12,203	8,612	9,586	9,050	1,436	1,683	2,307	3,615	3,354	3,788	2,007
total long term liabilities		2,150	17,060	16,832	17,446	32,338	28,173	34,832	1,436	4,321	11,205	18,743	5,800	11,125	2,007
total liabilities	8,313	23,133	35,256	115,236	229,122	120,832	131,439	79,328	41,879	42,434	55,651	77,903	56,169	43,598	154,119
net assets	192,241	221,387	250,831	268,200	187,230	76,138	63,654	42,169	3,018	653	267	218	23,417	31,097	106,551
total shareholders funds	192,241	221,387	250,831	268,200	187,230	76,138	63,654	42,169	3,018	653	267	218	23,417	31,097	106,551

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Operating Activities
Operating Profit	-29,146	-31,952	-18,613	99,787	230,953	15,146	26,368	48,897	2,956	489	64	-23,229	-7,710	-75,476	147,826
Depreciation		574	661	24,942	25,870	15,276	15,281	4,712	6,389	7,494	8,808	10,847	5,648	7,159	5,207
Amortisation													500	500	500
Tax				-18,993	-43,895	-2,928	-5,040	-9,788	-591	-103	-15				-41,398
Stock		-2,740	-510	270	2,980	-1,710	1,705	-650	435	305	-245	-1,404	346	3,608	875
Debtors	-43,462	84,466	-9,951	-122,010	173,691	-21,964	73,183	7,648	4,528	-7,936	-13,150	-12,041	-4,242	-185,361	229,953
Creditors	-12,670	16,722	-58,562	-90,260	153,083	-18,760	45,268	-27,325	2,330	-6,333	-14,714	8,791	17,896	-118,896	151,369
Accruals and Deferred Income	-2,150	-11,785	-17,069	-14,394	45,398	-2,012	13,502	24,183
Deferred Taxes & Provisions		-17,060	228	4,629	12,203	-974	536	7,614	-247	-624	-1,308	261	-434	1,781	2,007
Cash flow from operations	-504	-125,227	-82,894	127,451	246,941	29,422	21,027	41,295	5,874	8,554	6,230	10,115	19,796	-3,179	34,683
Investing Activities
capital expenditure	504			-47,329	-123,042	-28,376	-18,001	-41,015	-3,236	-2,294		-34,778	-2,984	-12,374	-26,612
Change in Investments
cash flow from investments	504			-47,329	-123,042	-28,376	-18,001	-41,015	-3,236	-2,294		-34,778	-2,984	-12,374	-26,612
Financing Activities
Bank loans
Group/Directors Accounts														-743	743
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments			-4,577	-13,861	18,438	11,139	-7,195	32,977
other long term liabilities									-2,638	-6,260	-6,230	12,682	-4,891	7,337
share issue		-100			100										100
interest		2,608	1,244	176	71	266	156	42				30	30	22	22
cash flow from financing		2,508	-3,333	-13,685	18,609	11,405	-7,039	33,019	-2,638	-6,260	-6,230	12,712	-4,861	6,616	865
cash and cash equivalents
cash		-122,719	-86,227	66,437	142,509	12,451	-4,012	33,299				-11,951	11,951	-8,937	8,937
overdraft
change in cash		-122,719	-86,227	66,437	142,509	12,451	-4,012	33,299				-11,951	11,951	-8,937	8,937

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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PENNINE MECHANICAL ENGINEERS LIMITED group structure

Pennine Mechanical Engineers Limited has no subsidiary companies.

Ultimate parent company

PENNINE MECHANICAL ENGINEERS LIMITED

06495585

PENNINE MECHANICAL ENGINEERS LIMITED Shareholders

mr christopher john rawstron	60%
miss susan amanda bowden	40%

Pennine Mechanical Engineers Limited currently has 1 director, Mr Christopher Rawstron serving since Feb 2008.

officer	country	age	start	end	role
Mr Christopher Rawstron		56 years	Feb 2008	-	Director

P&L

March 2024

turnover

187.2k

-32%

operating profit

-29.1k

gross margin

18.3%

+3.91%

turnover

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

Balance Sheet

March 2024

net assets

192.2k

-0.13%

total assets

200.6k

-0.18%

cash

net assets

Total assets minus all liabilities

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company number

06495585

Type

Private limited with Share Capital

industry

43220 - Plumbing, heat and air-conditioning installation

incorporation date

February 2008

ultimate parent company

None

previous names

N/A

address

heatherleigh, high lane, salterforth, barnoldswick, BB18 5SL

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pennine mechanical engineers limited Company Information

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