p m hitchin contracts limited
p m hitchin contracts limited Company Information
Company Number
06741277
Website
-Registered Address
74 taylor road, wallington, SM6 0BA
Industry
Floor and wall covering
Telephone
-
Next Accounts Due
August 2025
Group Structure
View All
Directors
Mark Hitchin16 Years
Shareholders
mark hitchin 65%
susan hitchin 35%
p m hitchin contracts limited Estimated Valuation
Pomanda estimates the enterprise value of P M HITCHIN CONTRACTS LIMITED at £213.7k based on a Turnover of £720.7k and 0.3x industry multiple (adjusted for size and gross margin).
p m hitchin contracts limited Estimated Valuation
Pomanda estimates the enterprise value of P M HITCHIN CONTRACTS LIMITED at £0 based on an EBITDA of £-39.1k and a 2.83x industry multiple (adjusted for size and gross margin).
p m hitchin contracts limited Estimated Valuation
Pomanda estimates the enterprise value of P M HITCHIN CONTRACTS LIMITED at £426.6k based on Net Assets of £231.2k and 1.85x industry multiple (adjusted for liquidity).
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P M Hitchin Contracts Limited Overview
P M Hitchin Contracts Limited is a live company located in wallington, SM6 0BA with a Companies House number of 06741277. It operates in the floor and wall covering sector, SIC Code 43330. Founded in November 2008, it's largest shareholder is mark hitchin with a 65% stake. P M Hitchin Contracts Limited is a established, small sized company, Pomanda has estimated its turnover at £720.7k with high growth in recent years.
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P M Hitchin Contracts Limited Health Check
Pomanda's financial health check has awarded P M Hitchin Contracts Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
3 Weak
Size
annual sales of £720.7k, make it larger than the average company (£238.3k)
- P M Hitchin Contracts Limited
£238.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (6.9%)
- P M Hitchin Contracts Limited
6.9% - Industry AVG
Production
with a gross margin of 20.9%, this company has a higher cost of product (29.3%)
- P M Hitchin Contracts Limited
29.3% - Industry AVG
Profitability
an operating margin of -5.4% make it less profitable than the average company (6.3%)
- P M Hitchin Contracts Limited
6.3% - Industry AVG
Employees
with 3 employees, this is above the industry average (2)
3 - P M Hitchin Contracts Limited
2 - Industry AVG
Pay Structure
on an average salary of £32.1k, the company has an equivalent pay structure (£32.1k)
- P M Hitchin Contracts Limited
£32.1k - Industry AVG
Efficiency
resulting in sales per employee of £240.2k, this is more efficient (£140.3k)
- P M Hitchin Contracts Limited
£140.3k - Industry AVG
Debtor Days
it gets paid by customers after 122 days, this is later than average (58 days)
- P M Hitchin Contracts Limited
58 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- P M Hitchin Contracts Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- P M Hitchin Contracts Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - P M Hitchin Contracts Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.2%, this is a lower level of debt than the average (61.1%)
15.2% - P M Hitchin Contracts Limited
61.1% - Industry AVG
P M HITCHIN CONTRACTS LIMITED financials
P M Hitchin Contracts Limited's latest turnover from November 2023 is estimated at £720.7 thousand and the company has net assets of £231.2 thousand. According to their latest financial statements, P M Hitchin Contracts Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 762,100 | 636,970 | 520,812 | ||||||||||||
| Other Income Or Grants | 0 | 0 | 0 | ||||||||||||
| Cost Of Sales | 551,965 | 516,115 | 360,759 | ||||||||||||
| Gross Profit | 210,135 | 120,855 | 160,053 | ||||||||||||
| Admin Expenses | 57,242 | 30,400 | 12,180 | ||||||||||||
| Operating Profit | 152,893 | 90,455 | 147,873 | ||||||||||||
| Interest Payable | 2,767 | 0 | 0 | ||||||||||||
| Interest Receivable | 3,883 | 857 | 1,672 | ||||||||||||
| Pre-Tax Profit | 154,009 | 91,312 | 149,545 | ||||||||||||
| Tax | -31,327 | -14,818 | -30,187 | ||||||||||||
| Profit After Tax | 122,682 | 76,494 | 119,358 | ||||||||||||
| Dividends Paid | 122,700 | 76,800 | 119,000 | ||||||||||||
| Retained Profit | -18 | -306 | 358 | ||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 3 | 3 | 2 | 2 | 2 | 3 | 3 | ||||||||
| EBITDA* | 158,668 | 90,455 | 147,873 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 999 | 1,499 | 27,000 | 54,441 | 82,843 | 116,588 | 11,450 | 17,225 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 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 | 0 |
| Total Fixed Assets | 999 | 1,499 | 27,000 | 54,441 | 82,843 | 116,588 | 11,450 | 17,225 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 241,440 | 227,459 | 112,068 | 163,747 | 106,216 | 259,049 | 157,293 | 95,136 | 90,265 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 48,756 | 0 | 162,515 | 57,122 | 34,550 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 4,483 | 31,264 | 16,251 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 30,280 | 129,280 | 0 | 0 | 0 | 44,240 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 271,720 | 356,739 | 112,068 | 163,747 | 154,972 | 303,289 | 324,291 | 183,522 | 141,066 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 272,719 | 358,238 | 139,068 | 218,188 | 237,815 | 419,877 | 335,741 | 200,747 | 141,066 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 109,459 | 104,608 | 206,142 | 340,722 | 102,473 | 98,306 | 87,546 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 17,313 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 3,764 | 2,962 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 117,809 | 87,289 | 53,062 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 109,459 | 104,608 | 206,142 | 340,722 | 241,359 | 188,557 | 140,608 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 188,496 | 24,076 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 8,274 | 12,038 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 3,250 | 2,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 38,253 | 85,391 | 128,663 | 178,534 | 61,020 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 41,503 | 87,891 | 128,663 | 178,534 | 61,020 | 78,577 | 94,248 | 12,038 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 41,503 | 87,891 | 238,122 | 283,142 | 267,162 | 419,299 | 335,607 | 200,595 | 140,608 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 231,216 | 270,347 | -99,054 | -64,954 | -29,347 | 578 | 134 | 152 | 458 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | 231,216 | 270,347 | -99,054 | -64,954 | -29,347 | 578 | 134 | 152 | 458 | 0 | 0 | 0 | 0 | 0 | 0 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 152,893 | 90,455 | 147,873 | ||||||||||||
| Depreciation | 499 | 5,775 | 0 | 0 | |||||||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Tax | -31,327 | -14,818 | -30,187 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 13,981 | 115,391 | -51,679 | 8,775 | -104,077 | -60,759 | 167,550 | 27,443 | 124,815 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 0 | -109,459 | 4,851 | -101,534 | -134,580 | 238,249 | 4,167 | 10,760 | 87,546 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 750 | 2,500 | 0 | 0 | 0 | -117,809 | 30,520 | 34,227 | 53,062 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -5,522 | 93,181 | 133,479 | ||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 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 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | -17,313 | 17,313 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | -188,496 | 164,420 | 24,076 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | -12,038 | -2,962 | 15,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -47,138 | -43,272 | -49,871 | 117,514 | 61,020 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 1,116 | 857 | 1,672 | ||||||||||||
| cash flow from financing | 179,887 | 39,933 | 1,772 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -4,483 | -26,781 | 15,013 | 16,251 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -4,483 | -26,781 | 15,013 | 16,251 | 0 | 0 | 0 | 0 | 0 | 0 |
p m hitchin contracts limited Credit Report and Business Information
P M Hitchin Contracts Limited Competitor Analysis
Perform a competitor analysis for p m hitchin contracts limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SM6 area or any other competitors across 12 key performance metrics.
p m hitchin contracts limited Ownership
P M HITCHIN CONTRACTS LIMITED group structure
P M Hitchin Contracts Limited has no subsidiary companies.
Ultimate parent company
P M HITCHIN CONTRACTS LIMITED
06741277
p m hitchin contracts limited directors
P M Hitchin Contracts Limited currently has 1 director, Mr Mark Hitchin serving since Nov 2008.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Hitchin | England | 55 years | Nov 2008 | - | Director |
P&L
November 2023turnover
720.7k
+28%
operating profit
-39.1k
0%
gross margin
21%
-1.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
231.2k
-0.14%
total assets
272.7k
-0.24%
cash
0
0%
net assets
Total assets minus all liabilities
p m hitchin contracts limited company details
company number
06741277
Type
Private limited with Share Capital
industry
43330 - Floor and wall covering
incorporation date
November 2008
age
16
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
74 taylor road, wallington, SM6 0BA
Bank
-
Legal Advisor
-
p m hitchin contracts 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 p m hitchin contracts limited.
p m hitchin contracts limited Companies House Filings - See Documents
| date | description | view/download |
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