artisan pipework ltd

artisan pipework ltd Company Information

Share ARTISAN PIPEWORK LTD
Live 
EstablishedMicroRapid

Company Number

07141920

Industry

Plumbing, heat and air-conditioning installation

 

Shareholders

gary mcilvaney

susan mcilvaney

Group Structure

View All

Contact

Registered Address

34 kelsey road, orpington, kent, BR5 3AP

artisan pipework ltd Estimated Valuation

£166.1k

Pomanda estimates the enterprise value of ARTISAN PIPEWORK LTD at £166.1k based on a Turnover of £371.1k and 0.45x industry multiple (adjusted for size and gross margin).

artisan pipework ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ARTISAN PIPEWORK LTD at £0 based on an EBITDA of £-570 and a 3.57x industry multiple (adjusted for size and gross margin).

artisan pipework ltd Estimated Valuation

£325.7k

Pomanda estimates the enterprise value of ARTISAN PIPEWORK LTD at £325.7k based on Net Assets of £112.7k and 2.89x industry multiple (adjusted for liquidity).

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Artisan Pipework Ltd Overview

Artisan Pipework Ltd is a live company located in kent, BR5 3AP with a Companies House number of 07141920. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in February 2010, it's largest shareholder is gary mcilvaney with a 50% stake. Artisan Pipework Ltd is a established, micro sized company, Pomanda has estimated its turnover at £371.1k with rapid growth in recent years.

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Artisan Pipework Ltd Health Check

Pomanda's financial health check has awarded Artisan Pipework Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £371.1k, make it in line with the average company (£390.8k)

£371.1k - Artisan Pipework Ltd

£390.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 98%, show it is growing at a faster rate (11.5%)

98% - Artisan Pipework Ltd

11.5% - Industry AVG

production

Production

with a gross margin of 18.1%, this company has a higher cost of product (28.2%)

18.1% - Artisan Pipework Ltd

28.2% - Industry AVG

profitability

Profitability

an operating margin of -0.1% make it less profitable than the average company (5.7%)

-0.1% - Artisan Pipework Ltd

5.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Artisan Pipework Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.2k, the company has an equivalent pay structure (£33.2k)

£33.2k - Artisan Pipework Ltd

£33.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £185.6k, this is more efficient (£115.9k)

£185.6k - Artisan Pipework Ltd

£115.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 147 days, this is later than average (52 days)

147 days - Artisan Pipework Ltd

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 44 days, this is close to average (46 days)

44 days - Artisan Pipework Ltd

46 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Artisan Pipework Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Artisan Pipework Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 24.8%, this is a lower level of debt than the average (63.4%)

24.8% - Artisan Pipework Ltd

63.4% - Industry AVG

ARTISAN PIPEWORK LTD financials

EXPORTms excel logo

Artisan Pipework Ltd's latest turnover from March 2024 is estimated at £371.1 thousand and the company has net assets of £112.7 thousand. According to their latest financial statements, Artisan Pipework Ltd has 2 employees and maintains cash reserves of 0 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 2011
Turnover371,123318,15975,93348,03965,567168,129166,93986,099107,28182,730110,13467,86363,18533,314
Other Income Or Grants00000000000000
Cost Of Sales303,858262,15262,22539,41352,832134,023131,63166,91383,80863,91485,48351,48947,11524,346
Gross Profit67,26456,00713,7088,62612,73534,10635,30719,18623,47318,81624,65216,37416,0708,968
Admin Expenses67,83462,9119,234-4,26621,08814,785-8,9006,694-30,06629,5809,03419,11623,638-13,041
Operating Profit-570-6,9044,47412,892-8,35319,32144,20712,49253,539-10,76415,618-2,742-7,56822,009
Interest Payable00000000000000
Interest Receivable02,08771682694031995520141413103
Pre-Tax Profit-570-4,8175,19012,974-8,28419,72544,40612,54853,559-10,75015,632-2,729-7,55822,013
Tax00-986-2,4650-3,748-8,437-2,509-10,7120-3,59500-6,163
Profit After Tax-570-4,8174,20410,509-8,28415,97735,96910,03842,847-10,75012,037-2,729-7,55815,849
Dividends Paid00000000000000
Retained Profit-570-4,8174,20410,509-8,28415,97735,96910,03842,847-10,75012,037-2,729-7,55815,849
Employee Costs66,32267,57868,06965,21569,812104,023101,32866,94370,96734,76235,30334,36534,55833,011
Number Of Employees22222332211111
EBITDA*-570-6,9044,52312,943-8,29219,38544,29212,60553,690-9,42617,402-364-4,39725,954

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Tangible Assets4291592121542051912553404534,0145,3527,1369,51411,835
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets4291592121542051912553404534,0145,3527,1369,51411,835
Stock & work in progress00000000000000
Trade Debtors149,486137,17610,77710,0556,85531,66932,56623,49530,96020,54529,98514,45814,3478,568
Group Debtors00000000000000
Misc Debtors0035,35536,76979,32158,40570,54266,04572,74300000
Cash0098,19092,84071,81466,81340,73938,8915,3112,5823,2142,5832,5821,378
misc current assets00000000000000
total current assets149,486137,176144,322139,664157,990156,887143,847128,431109,01423,12733,19917,04116,9299,946
total assets149,915137,335144,534139,818158,195157,078144,102128,771109,46727,14138,55124,17726,44321,781
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 37,19324,043010002,4542,37320,19220,85218,51518,0525,832
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities0026,22525,71254,59945,19848,19966,48357,29800000
total current liabilities37,19324,04326,22525,71354,59945,19848,19968,93759,67120,19220,85218,51518,0525,832
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions00000000000000
total long term liabilities00000000000000
total liabilities37,19324,04326,22525,71354,59945,19848,19968,93759,67120,19220,85218,51518,0525,832
net assets112,722113,292118,309114,105103,596111,88095,90359,83449,7966,94917,6995,6628,39115,949
total shareholders funds112,722113,292118,309114,105103,596111,88095,90359,83449,7966,94917,6995,6628,39115,949
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Operating Activities
Operating Profit-570-6,9044,47412,892-8,35319,32144,20712,49253,539-10,76415,618-2,742-7,56822,009
Depreciation0049516164851131511,3381,7842,3783,1713,945
Amortisation00000000000000
Tax00-986-2,4650-3,748-8,437-2,509-10,7120-3,59500-6,163
Stock00000000000000
Debtors12,31091,044-692-39,352-3,898-13,03413,568-14,16383,158-9,44015,5271115,7798,568
Creditors13,15024,043-1100-2,45481-17,819-6602,33746312,2205,832
Accruals and Deferred Income0-26,225513-28,8879,401-3,001-18,2849,18557,29800000
Deferred Taxes & Provisions00000000000000
Cash flow from operations270-100,1304,74120,9445,00725,6701,54933,525-701-646617-122,04417,055
Investing Activities
capital expenditure-27053-1070-750003,410000-850-15,780
Change in Investments00000000000000
cash flow from investments-27053-1070-750003,410000-850-15,780
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue0-2000000100000000100
interest02,08771682694031995520141413103
cash flow from financing01,8877168269403299552014141310103
cash and cash equivalents
cash0-98,1905,35021,0265,00126,0741,84833,5802,729-63263111,2041,378
overdraft00000000000000
change in cash0-98,1905,35021,0265,00126,0741,84833,5802,729-63263111,2041,378

artisan pipework ltd 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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Artisan Pipework Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for artisan pipework ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in BR5 area or any other competitors across 12 key performance metrics.

artisan pipework ltd Ownership

ARTISAN PIPEWORK LTD group structure

Artisan Pipework Ltd has no subsidiary companies.

Ultimate parent company

ARTISAN PIPEWORK LTD

07141920

ARTISAN PIPEWORK LTD Shareholders

gary mcilvaney 50%
susan mcilvaney 50%

artisan pipework ltd directors

Artisan Pipework Ltd currently has 2 directors. The longest serving directors include Mr Gary McIlvaney (Oct 2010) and Mrs Susan McIlvaney (Mar 2018).

officercountryagestartendrole
Mr Gary McIlvaneyUnited Kingdom57 years Oct 2010- Director
Mrs Susan McIlvaney55 years Mar 2018- Director

P&L

March 2024

turnover

371.1k

+17%

operating profit

-570

0%

gross margin

18.2%

+2.96%

turnover

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

Balance Sheet

March 2024

net assets

112.7k

-0.01%

total assets

149.9k

+0.09%

cash

0

0%

net assets

Total assets minus all liabilities

artisan pipework ltd company details

company number

07141920

Type

Private limited with Share Capital

industry

43220 - Plumbing, heat and air-conditioning installation

incorporation date

February 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

34 kelsey road, orpington, kent, BR5 3AP

Bank

-

Legal Advisor

-

artisan pipework 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 did not find charges/mortgages relating to artisan pipework ltd.

artisan pipework 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.

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artisan pipework ltd Companies House Filings - See Documents

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