pier rigging and testing limitedEstimated Valuation
£40.8k
Pomanda estimates the enterprise value of PIER RIGGING AND TESTING LIMITED at £40.8k based on a Turnover of £92.7k and 0.44x industry multiple (adjusted for size and gross margin).
pier rigging and testing limitedEstimated Valuation
£171.6k
Pomanda estimates the enterprise value of PIER RIGGING AND TESTING LIMITED at £171.6k based on an EBITDA of £50.8k and a 3.38x industry multiple (adjusted for size and gross margin).
pier rigging and testing limitedEstimated Valuation
£17.8k
Pomanda estimates the enterprise value of PIER RIGGING AND TESTING LIMITED at £17.8k based on Net Assets of £9k and 1.98x industry multiple (adjusted for liquidity).
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Pier Rigging And Testing LimitedOverview
Pier Rigging And Testing Limited is a live company located in gillingham, ME7 2RT with a Companies House number of 07375545. It operates in the manufacture of lifting and handling equipment sector, SIC Code 28220. Founded in September 2010, it's largest shareholder is
european active projects limited
with a 100% stake. Pier Rigging And Testing Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£92.7k with
declining
growth in recent years.
Pomanda's financial health check has awarded Pier Rigging And Testing Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
2 Regular
7 Weak
Size
annual sales of £92.7k, make it smaller than the average company (£13.1m)
£92.7k - Pier Rigging And Testing Limited
£13.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (3.5%)
-19% - Pier Rigging And Testing Limited
3.5% - Industry AVG
Production
with a gross margin of 28.6%, this company has a comparable cost of product (28.6%)
28.6% - Pier Rigging And Testing Limited
28.6% - Industry AVG
Profitability
an operating margin of 53.9% make it more profitable than the average company (4.2%)
53.9% - Pier Rigging And Testing Limited
4.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (74)
1 - Pier Rigging And Testing Limited
74 - Industry AVG
Pay Structure
on an average salary of £47.1k, the company has an equivalent pay structure (£47.1k)
£47.1k - Pier Rigging And Testing Limited
£47.1k - Industry AVG
Efficiency
resulting in sales per employee of £92.7k, this is less efficient (£168.5k)
£92.7k - Pier Rigging And Testing Limited
£168.5k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (63 days)
75 days - Pier Rigging And Testing Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is quicker than average (55 days)
39 days - Pier Rigging And Testing Limited
55 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is less than average (67 days)
13 days - Pier Rigging And Testing Limited
67 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 16 weeks, this is more cash available to meet short term requirements (13 weeks)
16 weeks - Pier Rigging And Testing Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.1%, this is a higher level of debt than the average (54.3%)
75.1% - Pier Rigging And Testing Limited
54.3% - Industry AVG
PIER RIGGING AND TESTING LIMITED financials
EXPORT
Pier Rigging And Testing Limited's latest turnover from September 2023 is estimated at £92.7 thousand and the company has net assets of £9 thousand. According to their latest financial statements, Pier Rigging And Testing Limited has 1 employee and maintains cash reserves of £8.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Turnover
92,654
157,100
155,324
175,152
174,939
164,748
155,914
99,382
201,550
298,801
242,590
211,364
140,958
Other Income Or Grants
Cost Of Sales
66,122
107,539
110,041
121,571
122,342
115,003
108,542
66,750
141,314
210,964
169,976
143,136
98,963
Gross Profit
26,532
49,561
45,283
53,581
52,597
49,745
47,372
32,632
60,236
87,838
72,614
68,229
41,995
Admin Expenses
-23,402
66,294
66,243
46,275
59,391
42,249
37,395
4,749
55,602
80,904
85,573
74,271
59,240
Operating Profit
49,934
-16,733
-20,960
7,306
-6,794
7,496
9,977
27,883
4,634
6,934
-12,959
-6,042
-17,245
Interest Payable
Interest Receivable
241
30
13
19
130
145
28
12
13
5
5
29
27
Pre-Tax Profit
50,175
-16,703
-20,947
7,325
-6,664
7,641
10,005
27,895
4,648
6,939
-12,954
-6,013
-17,218
Tax
-12,544
-1,392
-1,452
-1,901
-5,579
-929
-1,457
Profit After Tax
37,631
-16,703
-20,947
5,933
-6,664
6,189
8,104
22,316
3,718
5,482
-12,954
-6,013
-17,218
Dividends Paid
Retained Profit
37,631
-16,703
-20,947
5,933
-6,664
6,189
8,104
22,316
3,718
5,482
-12,954
-6,013
-17,218
Employee Costs
47,148
132,286
126,205
128,246
124,949
124,348
79,076
40,357
79,339
77,573
76,054
73,010
35,778
Number Of Employees
1
3
3
3
3
3
2
1
2
2
2
2
1
EBITDA*
50,816
-15,458
-19,190
9,668
-3,645
11,964
11,856
30,153
6,243
9,063
-10,303
-2,501
-11,464
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Tangible Assets
3,159
4,041
5,316
7,086
9,448
12,597
4,928
6,807
7,526
6,436
7,965
10,621
17,344
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,159
4,041
5,316
7,086
9,448
12,597
4,928
6,807
7,526
6,436
7,965
10,621
17,344
Stock & work in progress
2,500
2,500
2,500
2,500
2,500
2,500
2,500
2,500
2,500
2,500
2,500
7,757
4,393
Trade Debtors
19,249
12,780
12,415
13,770
20,319
13,039
27,487
17,166
30,807
61,867
38,631
38,219
18,848
Group Debtors
Misc Debtors
2,500
2,500
2,500
2,500
8,012
7,941
7,192
2,152
Cash
8,668
500
2,168
23,768
13,328
21,216
17,475
4,979
4,541
828
1,293
758
10,659
misc current assets
total current assets
32,917
18,280
19,583
42,538
44,159
44,696
54,654
26,797
37,848
65,195
42,424
46,734
33,900
total assets
36,076
22,321
24,899
49,624
53,607
57,293
59,582
33,604
45,374
71,631
50,389
57,355
51,244
Bank overdraft
Bank loan
Trade Creditors
7,093
6,346
9,353
12,970
11,293
8,707
14,955
29,429
72,259
102,234
86,474
78,362
64,893
Group/Directors Accounts
38,671
19,479
15,000
28,971
28,972
24,972
other short term finances
hp & lease commitments
other current liabilities
20,009
5,961
8,021
12,661
10,283
9,890
16,120
8,744
total current liabilities
27,102
50,978
36,853
40,631
50,547
47,569
56,047
38,173
72,259
102,234
86,474
78,362
64,893
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
2,124
3,469
total long term liabilities
2,124
3,469
total liabilities
27,102
50,978
36,853
40,631
50,547
47,569
56,047
38,173
72,259
102,234
86,474
80,486
68,362
net assets
8,974
-28,657
-11,954
8,993
3,060
9,724
3,535
-4,569
-26,885
-30,603
-36,085
-23,131
-17,118
total shareholders funds
8,974
-28,657
-11,954
8,993
3,060
9,724
3,535
-4,569
-26,885
-30,603
-36,085
-23,131
-17,118
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Operating Activities
Operating Profit
49,934
-16,733
-20,960
7,306
-6,794
7,496
9,977
27,883
4,634
6,934
-12,959
-6,042
-17,245
Depreciation
882
1,275
1,770
2,362
3,149
4,468
1,879
2,270
1,609
2,129
2,656
3,541
5,781
Amortisation
Tax
-12,544
-1,392
-1,452
-1,901
-5,579
-929
-1,457
Stock
-5,257
3,364
4,393
Debtors
6,469
365
-1,355
-12,061
7,351
-13,699
15,361
-11,489
-31,060
23,236
412
19,371
18,848
Creditors
747
-3,007
-3,617
1,677
2,586
-6,248
-14,474
-42,830
-29,975
15,760
8,112
13,469
64,893
Accruals and Deferred Income
14,048
-2,060
-4,640
2,378
393
-6,230
7,376
8,744
Deferred Taxes & Provisions
-2,124
-1,345
3,469
Cash flow from operations
46,598
-20,890
-26,092
24,392
-8,017
11,733
-12,504
1,977
6,399
130
530
-13,112
33,657
Investing Activities
capital expenditure
-12,137
-1,551
-2,699
-600
3,182
-23,125
Change in Investments
cash flow from investments
-12,137
-1,551
-2,699
-600
3,182
-23,125
Financing Activities
Bank loans
Group/Directors Accounts
-38,671
19,192
4,479
-13,971
-1
4,000
24,972
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
241
30
13
19
130
145
28
12
13
5
5
29
27
cash flow from financing
-38,430
19,222
4,492
-13,952
129
4,145
25,000
12
13
5
5
29
127
cash and cash equivalents
cash
8,168
-1,668
-21,600
10,440
-7,888
3,741
12,496
438
3,713
-465
535
-9,901
10,659
overdraft
change in cash
8,168
-1,668
-21,600
10,440
-7,888
3,741
12,496
438
3,713
-465
535
-9,901
10,659
pier rigging and testing limited 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 pier rigging and testing limited. Get real-time insights into pier rigging and testing limited's credit score, group structure and payment trends.
Pier Rigging And Testing Limited Competitor Analysis
Perform a competitor analysis for pier rigging and testing limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in ME7 area or any other competitors across 12 key performance metrics.
pier rigging and testing limited Ownership
PIER RIGGING AND TESTING LIMITED group structure
Pier Rigging And Testing Limited has no subsidiary companies.
unit 1, steelfields industrial e, owens way, gillingham, kent, ME7 2RT
Bank
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Legal Advisor
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pier rigging and testing 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 pier rigging and testing limited.
pier rigging and testing 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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pier rigging and testing limitedCompanies House Filings - See Documents
