Pomanda estimates the enterprise value of PEARCES PRIVATE HIRE LTD at £569.7k based on a Turnover of £1.5m and 0.39x industry multiple (adjusted for size and gross margin).
pearces private hire ltdEstimated Valuation
£2.6m
Pomanda estimates the enterprise value of PEARCES PRIVATE HIRE LTD at £2.6m based on an EBITDA of £717.2k and a 3.63x industry multiple (adjusted for size and gross margin).
pearces private hire ltdEstimated Valuation
£1.8m
Pomanda estimates the enterprise value of PEARCES PRIVATE HIRE LTD at £1.8m based on Net Assets of £734.8k and 2.39x industry multiple (adjusted for liquidity).
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Pearces Private Hire LtdOverview
Pearces Private Hire Ltd is a live company located in newcastle upon tyne, NE1 6EE with a Companies House number of 07016985. It operates in the other passenger land transport sector, SIC Code 49390. Founded in September 2009, it's largest shareholder is
clive pearce
with a 50% stake. Pearces Private Hire Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£1.5m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Pearces Private Hire Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
4 Regular
3 Weak
Size
annual sales of £1.5m, make it larger than the average company (£760.6k)
£1.5m - Pearces Private Hire Ltd
£760.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 45%, show it is growing at a faster rate (8.1%)
45% - Pearces Private Hire Ltd
8.1% - Industry AVG
Production
with a gross margin of 27.8%, this company has a comparable cost of product (27.8%)
27.8% - Pearces Private Hire Ltd
27.8% - Industry AVG
Profitability
an operating margin of 31.6% make it more profitable than the average company (8.1%)
31.6% - Pearces Private Hire Ltd
8.1% - Industry AVG
Employees
with 18 employees, this is similar to the industry average (21)
18 - Pearces Private Hire Ltd
21 - Industry AVG
Pay Structure
on an average salary of £20.8k, the company has an equivalent pay structure (£20.8k)
£20.8k - Pearces Private Hire Ltd
£20.8k - Industry AVG
Efficiency
resulting in sales per employee of £81.1k, this is more efficient (£46.5k)
£81.1k - Pearces Private Hire Ltd
£46.5k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is later than average (22 days)
41 days - Pearces Private Hire Ltd
22 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (19 days)
15 days - Pearces Private Hire Ltd
19 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Pearces Private Hire Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 73 weeks, this is average cash available to meet short term requirements (85 weeks)
73 weeks - Pearces Private Hire Ltd
85 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.1%, this is a higher level of debt than the average (30.6%)
58.1% - Pearces Private Hire Ltd
30.6% - Industry AVG
PEARCES PRIVATE HIRE LTD financials
EXPORT
Pearces Private Hire Ltd's latest turnover from March 2024 is estimated at £1.5 million and the company has net assets of £734.8 thousand. According to their latest financial statements, Pearces Private Hire Ltd has 18 employees and maintains cash reserves of £537.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
1,459,095
1,496,491
1,225,893
478,166
446,333
889,563
796,721
1,005,293
997,672
2,471,316
2,492,034
2,804,037
3,927,284
3,608,464
2,784,865
Other Income Or Grants
Cost Of Sales
1,053,611
1,079,191
951,187
380,894
336,076
664,323
583,899
707,314
705,568
1,742,409
1,711,808
1,960,501
2,780,846
2,436,128
1,887,229
Gross Profit
405,484
417,300
274,705
97,272
110,257
225,240
212,822
297,979
292,104
728,907
780,226
843,536
1,146,438
1,172,336
897,636
Admin Expenses
-56,047
109,856
148,611
265,961
-24,202
228,035
299,215
329,619
239,111
680,804
650,298
787,776
995,758
1,139,779
1,010,382
Operating Profit
461,531
307,444
126,094
-168,689
134,459
-2,795
-86,393
-31,640
52,993
48,103
129,928
55,760
150,680
32,557
-112,746
Interest Payable
16,875
20,500
16,031
7,625
561
584
693
693
Interest Receivable
19,946
7,838
841
141
136
566
485
322
456
93
5
2
1
92
92
Pre-Tax Profit
464,601
294,783
110,904
-176,173
134,595
-2,229
-85,908
-31,879
52,866
48,196
129,932
55,762
150,681
31,956
-113,348
Tax
-116,150
-56,009
-21,072
-25,573
-10,573
-10,121
-29,884
-13,383
-39,177
-8,948
Profit After Tax
348,451
238,774
89,832
-176,173
109,022
-2,229
-85,908
-31,879
42,293
38,075
100,048
42,379
111,504
23,008
-113,348
Dividends Paid
Retained Profit
348,451
238,774
89,832
-176,173
109,022
-2,229
-85,908
-31,879
42,293
38,075
100,048
42,379
111,504
23,008
-113,348
Employee Costs
374,022
360,023
288,036
195,359
233,900
273,796
287,698
328,236
443,107
1,075,472
1,102,484
1,275,686
1,822,537
1,642,836
1,288,722
Number Of Employees
18
18
16
11
14
17
18
20
27
67
69
81
117
104
77
EBITDA*
717,244
558,928
263,415
-123,758
282,235
192,540
107,276
226,037
280,112
307,575
246,995
173,499
305,236
226,447
-6,934
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
1,021,627
1,004,298
772,346
814,708
859,639
585,892
581,009
773,029
681,297
482,397
402,387
370,338
434,323
491,886
654,688
Intangible Assets
29,616
59,232
88,849
118,465
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,021,627
1,004,298
772,346
814,708
859,639
585,892
581,009
773,029
681,297
482,397
402,387
399,954
493,555
580,735
773,153
Stock & work in progress
Trade Debtors
165,797
173,551
134,409
35,140
24,414
102,247
91,546
108,811
91,369
155,645
161,285
169,993
244,864
175,541
95,151
Group Debtors
Misc Debtors
28,804
7,401
3,436
2,394
84,609
9,550
7,368
12,998
7,107
Cash
537,387
222,446
146,417
77,745
203,402
68,074
82,742
111,099
146,895
35,628
1,467
506
341
100
36,636
misc current assets
total current assets
731,988
403,398
284,262
115,279
312,425
179,871
181,656
232,908
245,371
191,273
162,752
170,499
245,205
175,641
131,787
total assets
1,753,615
1,407,696
1,056,608
929,987
1,172,064
765,763
762,665
1,005,937
926,668
673,670
565,139
570,453
738,760
756,376
904,940
Bank overdraft
50,000
50,000
50,000
29,167
17,955
Bank loan
Trade Creditors
43,313
34,994
35,982
12,192
21,574
14,566
1,309
12,854
8,986
160,015
198,003
276,315
342,239
425,892
428,923
Group/Directors Accounts
other short term finances
hp & lease commitments
120,370
120,370
78,370
66,370
241,588
145,833
132,621
155,276
126,886
other current liabilities
166,592
59,795
61,062
8,644
8,796
63,334
91,296
47,201
38,523
total current liabilities
380,275
265,159
225,414
116,373
271,958
223,733
225,226
215,331
192,350
160,015
198,003
276,315
342,239
425,892
428,923
loans
75,000
125,000
175,000
220,833
21,337
hp & lease commitments
308,085
428,455
361,825
380,195
502,810
314,341
309,840
442,157
353,100
Accruals and Deferred Income
other liabilities
216,973
146,717
185,588
324,152
364,644
489,689
provisions
255,406
202,684
146,745
154,794
163,331
102,746
100,427
135,369
136,259
94,016
55,828
44,007
50,205
55,180
77,339
total long term liabilities
638,491
756,139
683,570
755,822
666,141
417,087
410,267
577,526
489,359
310,989
202,545
229,595
374,357
419,824
588,365
total liabilities
1,018,766
1,021,298
908,984
872,195
938,099
640,820
635,493
792,857
681,709
471,004
400,548
505,910
716,596
845,716
1,017,288
net assets
734,849
386,398
147,624
57,792
233,965
124,943
127,172
213,080
244,959
202,666
164,591
64,543
22,164
-89,340
-112,348
total shareholders funds
734,849
386,398
147,624
57,792
233,965
124,943
127,172
213,080
244,959
202,666
164,591
64,543
22,164
-89,340
-112,348
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
461,531
307,444
126,094
-168,689
134,459
-2,795
-86,393
-31,640
52,993
48,103
129,928
55,760
150,680
32,557
-112,746
Depreciation
255,713
251,484
137,321
44,931
147,776
195,335
193,669
257,677
227,119
259,472
87,451
88,123
124,939
164,274
76,196
Amortisation
29,616
29,616
29,617
29,616
29,616
Tax
-116,150
-56,009
-21,072
-25,573
-10,573
-10,121
-29,884
-13,383
-39,177
-8,948
Stock
Debtors
13,649
43,107
100,311
-71,489
-2,774
12,883
-22,895
23,333
-57,169
-5,640
-8,708
-74,871
69,323
80,390
95,151
Creditors
8,319
-988
23,790
-9,382
7,008
13,257
-11,545
3,868
-151,029
-37,988
-78,312
-65,924
-83,653
-3,031
428,923
Accruals and Deferred Income
106,797
-1,267
52,418
-152
-54,538
-27,962
44,095
8,678
38,523
Deferred Taxes & Provisions
52,722
55,939
-8,049
-8,537
60,585
2,319
-34,942
-890
42,243
38,188
11,821
-6,198
-4,975
-22,159
77,339
Cash flow from operations
755,283
513,496
210,191
-70,340
272,491
167,271
127,779
214,360
256,445
303,294
159,328
162,865
108,108
111,919
404,177
Investing Activities
capital expenditure
-273,042
-483,436
-94,959
-421,523
-200,218
-1,649
-349,409
-426,019
-339,482
-119,500
-24,138
-67,376
-1,472
-878,965
Change in Investments
cash flow from investments
-273,042
-483,436
-94,959
-421,523
-200,218
-1,649
-349,409
-426,019
-339,482
-119,500
-24,138
-67,376
-1,472
-878,965
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-50,000
-50,000
-45,833
220,833
-21,337
21,337
Hire Purchase and Lease Commitments
-120,370
108,630
-6,370
-297,833
284,224
17,713
-154,972
117,447
479,986
other long term liabilities
-216,973
70,256
-38,871
-138,564
-40,492
-125,045
489,689
share issue
1,000
interest
3,071
-12,662
-15,190
-7,484
136
566
485
-239
-128
93
5
2
1
-601
-601
cash flow from financing
-167,299
45,968
-67,393
-84,484
284,360
18,279
-154,487
117,208
262,885
70,349
-38,866
-138,562
-40,491
-146,983
511,425
cash and cash equivalents
cash
314,941
76,029
68,672
-125,657
135,328
-14,668
-28,357
-35,796
111,267
34,161
961
165
241
-36,536
36,636
overdraft
20,833
29,167
-17,955
17,955
change in cash
314,941
76,029
47,839
-154,824
135,328
-14,668
-28,357
-17,841
93,312
34,161
961
165
241
-36,536
36,636
pearces private hire ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for pearces private hire ltd. Get real-time insights into pearces private hire ltd's credit score, group structure and payment trends.
Perform a competitor analysis for pearces private hire ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in NE1 area or any other competitors across 12 key performance metrics.
pearces private hire ltd Ownership
PEARCES PRIVATE HIRE LTD group structure
Pearces Private Hire Ltd has no subsidiary companies.
Ultimate parent company
PEARCES PRIVATE HIRE LTD
07016985
PEARCES PRIVATE HIRE LTD Shareholders
The largest shareholders in Pearces Private Hire Ltd include Clive Pearce and Martin Pearce.
clive pearce
50%
martin pearce
30%
sophie ann pearce
20%
pearces private hire ltd directors
Pearces Private Hire Ltd currently has 4 directors.
The longest serving directors include
Mr Neil Butler (Feb 2025) and
Mr Thomas Large (Feb 2025).
3rd floor, 41-51 grey street, newcastle upon tyne, NE1 6EE
Bank
-
Legal Advisor
-
pearces private hire 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 found 1 charges/mortgages relating to pearces private hire ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
pearces private hire ltd 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.
Click to start generating capital raising & share issue transactions for PEARCES PRIVATE HIRE LTD. This can take several minutes, an email will notify you when this has completed.
pearces private hire ltdCompanies House Filings - See Documents
