p l projects limited
p l projects limited Company Information
Company Number
07222148
Next Accounts
Dec 2025
Industry
Development of building projects
Directors
Shareholders
leach projects ltd
Group Structure
View All
Contact
Registered Address
amelia house crescent road, worthing, west sussex, BN11 1QR
Website
www.plprojects.co.ukp l projects limited Estimated Valuation
Pomanda estimates the enterprise value of P L PROJECTS LIMITED at £295.6k based on a Turnover of £539.8k and 0.55x industry multiple (adjusted for size and gross margin).
p l projects limited Estimated Valuation
Pomanda estimates the enterprise value of P L PROJECTS LIMITED at £2.9m based on an EBITDA of £745.4k and a 3.85x industry multiple (adjusted for size and gross margin).
p l projects limited Estimated Valuation
Pomanda estimates the enterprise value of P L PROJECTS LIMITED at £6.2m based on Net Assets of £4m and 1.56x industry multiple (adjusted for liquidity).
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P L Projects Limited Overview
P L Projects Limited is a live company located in west sussex, BN11 1QR with a Companies House number of 07222148. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2010, it's largest shareholder is leach projects ltd with a 100% stake. P L Projects Limited is a established, small sized company, Pomanda has estimated its turnover at £539.8k with healthy growth in recent years.
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P L Projects Limited Health Check
Pomanda's financial health check has awarded P L Projects Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £539.8k, make it smaller than the average company (£2.4m)
- P L Projects Limited
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (5.9%)
- P L Projects Limited
5.9% - Industry AVG
Production
with a gross margin of 26.1%, this company has a comparable cost of product (26.1%)
- P L Projects Limited
26.1% - Industry AVG
Profitability
an operating margin of 135.9% make it more profitable than the average company (8%)
- P L Projects Limited
8% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - P L Projects Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)
- P L Projects Limited
£48.5k - Industry AVG
Efficiency
resulting in sales per employee of £539.8k, this is more efficient (£284.5k)
- P L Projects Limited
£284.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- P L Projects Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (31 days)
- P L Projects Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 1562 days, this is more than average (209 days)
- P L Projects Limited
209 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 335 weeks, this is more cash available to meet short term requirements (12 weeks)
335 weeks - P L Projects Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.4%, this is a lower level of debt than the average (73.1%)
5.4% - P L Projects Limited
73.1% - Industry AVG
P L PROJECTS LIMITED financials
P L Projects Limited's latest turnover from March 2024 is estimated at £539.8 thousand and the company has net assets of £4 million. According to their latest financial statements, P L Projects Limited has 1 employee and maintains cash reserves of £1.5 million 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 29,184 | 5,804 | 9,563 | 14,033 | 2,669 | 3,815 | 5,783 | 7,751 | 624 | 1,477 | 2,687 | 4,036 | 1,343 | 1,837 |
| Intangible Assets | 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 | 353,900 | 540,950 | 540,950 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 29,184 | 5,804 | 9,563 | 14,033 | 2,669 | 3,815 | 5,783 | 7,751 | 624 | 1,477 | 2,687 | 357,936 | 542,293 | 542,787 |
| Stock & work in progress | 1,707,683 | 1,716,578 | 1,624,337 | 1,973,239 | 1,856,640 | 1,065,874 | 1,348,226 | 1,235,193 | 783,804 | 310,264 | 460,463 | 493,792 | 512,419 | 228,105 |
| Trade Debtors | 0 | 0 | 0 | 3,537 | 3,537 | 3,537 | 3,547 | 54 | 0 | 6,589 | 5,042 | 12,031 | 220,301 | 1,520 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 220,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 980,615 | 726,061 | 442,441 | 399,266 | 24,644 | 91,972 | 4,763 | 7,572 | 395,606 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,472,236 | 1,009,803 | 1,150,273 | 731,955 | 642,187 | 1,314,488 | 1,012,130 | 609,134 | 612,245 | 1,152,463 | 957,649 | 512,875 | 19,773 | 306,141 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,160,534 | 3,452,442 | 3,217,051 | 3,107,997 | 2,527,008 | 2,475,871 | 2,368,666 | 2,071,953 | 1,791,655 | 1,469,316 | 1,423,154 | 1,018,698 | 752,493 | 535,766 |
| total assets | 4,189,718 | 3,458,246 | 3,226,614 | 3,122,030 | 2,529,677 | 2,479,686 | 2,374,449 | 2,079,704 | 1,792,279 | 1,470,793 | 1,425,841 | 1,376,634 | 1,294,786 | 1,078,553 |
| Bank overdraft | 0 | 0 | 0 | 9,167 | 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 |
| Trade Creditors | 13,136 | 21,256 | 14,104 | 18,404 | 19,813 | 30,127 | 14,194 | 6,536 | 3,857 | 625,875 | 959,474 | 1,221,302 | 1,229,753 | 1,020,201 |
| Group/Directors Accounts | 0 | 0 | 0 | 159,379 | 81,639 | 245,999 | 494,459 | 624,273 | 778,123 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 214,893 | 73,280 | 94,476 | 122,366 | 65,667 | 89,402 | 101,014 | 94,625 | 20,769 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 228,029 | 94,536 | 108,580 | 309,316 | 242,119 | 440,528 | 684,667 | 800,434 | 877,749 | 625,875 | 959,474 | 1,221,302 | 1,229,753 | 1,020,201 |
| loans | 0 | 0 | 0 | 40,833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 1,100 | 1,817 | 2,666 | 507 | 725 | 1,099 | 1,550 | 125 | 296 | 537 | 807 | 269 | 386 |
| total long term liabilities | 0 | 1,100 | 1,817 | 43,499 | 507 | 725 | 1,099 | 1,550 | 125 | 296 | 537 | 807 | 269 | 386 |
| total liabilities | 228,029 | 95,636 | 110,397 | 352,815 | 242,626 | 441,253 | 685,766 | 801,984 | 877,874 | 626,171 | 960,011 | 1,222,109 | 1,230,022 | 1,020,587 |
| net assets | 3,961,689 | 3,362,610 | 3,116,217 | 2,769,215 | 2,287,051 | 2,038,433 | 1,688,683 | 1,277,720 | 914,405 | 844,622 | 465,830 | 154,525 | 64,764 | 57,966 |
| total shareholders funds | 3,961,689 | 3,362,610 | 3,116,217 | 2,769,215 | 2,287,051 | 2,038,433 | 1,688,683 | 1,277,720 | 914,405 | 844,622 | 465,830 | 154,525 | 64,764 | 57,966 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 11,821 | 4,523 | 4,470 | 4,119 | 2,129 | 1,968 | 1,968 | 823 | 853 | 1,210 | 1,349 | 725 | 494 | 139 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | -8,895 | 92,241 | -348,902 | 116,599 | 790,766 | -282,352 | 113,033 | 451,389 | 473,540 | -150,199 | -33,329 | -18,627 | 284,314 | 228,105 |
| Debtors | 254,554 | 283,620 | 39,638 | 374,622 | -67,328 | 87,199 | -219,316 | -167,980 | 389,017 | 1,547 | -6,989 | -208,270 | 218,781 | 1,520 |
| Creditors | -8,120 | 7,152 | -4,300 | -1,409 | -10,314 | 15,933 | 7,658 | 2,679 | -622,018 | -333,599 | -261,828 | -8,451 | 209,552 | 1,020,201 |
| Accruals and Deferred Income | 141,613 | -21,196 | -27,890 | 56,699 | -23,735 | -11,612 | 6,389 | 73,856 | 20,769 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -1,100 | -717 | -849 | 2,159 | -218 | -374 | -451 | 1,425 | -171 | -241 | -270 | 538 | -117 | 386 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -353,900 | -187,050 | 0 | 540,950 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -159,379 | 77,740 | -164,360 | -248,460 | -129,814 | -153,850 | 778,123 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | -75,000 | 0 | 0 | 0 | 0 | 75,000 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -40,833 | 40,833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 462,433 | -140,470 | 418,318 | 89,768 | -672,301 | 302,358 | 402,996 | -3,111 | -540,218 | 194,814 | 444,774 | 493,102 | -286,368 | 306,141 |
| overdraft | 0 | 0 | -9,167 | 9,167 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 462,433 | -140,470 | 427,485 | 80,601 | -672,301 | 302,358 | 402,996 | -3,111 | -540,218 | 194,814 | 444,774 | 493,102 | -286,368 | 306,141 |
p l projects limited Credit Report and Business Information
P L Projects Limited Competitor Analysis
Perform a competitor analysis for p l projects limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BN11 area or any other competitors across 12 key performance metrics.
p l projects limited Ownership
P L PROJECTS LIMITED group structure
P L Projects Limited has no subsidiary companies.
Ultimate parent company
P L PROJECTS LIMITED
07222148
p l projects limited directors
P L Projects Limited currently has 1 director, Mr Peter Leach serving since Apr 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Leach | United Kingdom | 79 years | Apr 2010 | - | Director |
P&L
March 2024turnover
539.8k
-15%
operating profit
733.6k
0%
gross margin
26.2%
+0.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
4m
+0.18%
total assets
4.2m
+0.21%
cash
1.5m
+0.46%
net assets
Total assets minus all liabilities
p l projects limited company details
company number
07222148
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
April 2010
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
CARPENTER BOX LLP
auditor
-
address
amelia house crescent road, worthing, west sussex, BN11 1QR
Bank
-
Legal Advisor
-
p l projects 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 l projects limited.
p l projects 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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p l projects limited Companies House Filings - See Documents
| date | description | view/download |
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