Paint Inspection Ltd

POWER SEARCH PRICING

SOLUTIONS

paint inspection ltd Company Information

Live

EstablishedSmallHealthy

Company Number

07437645

Website

www.paint-inspection.co.uk

Registered Address

61 high street, fareham, PO16 7BG

Industry

Specialised construction activities (other than scaffold erection) n.e.c.

Telephone

08454638680

Next Accounts Due

August 2025

Group Structure

View All

Directors

Ian Patterson13 Years

Andrew Patterson13 Years

View All

Shareholders

andrew patterson & melissa patterson 50%

ian patterson & maria patterson 50%

paint inspection ltd Estimated Valuation

£774.7k

Pomanda estimates the enterprise value of PAINT INSPECTION LTD at £774.7k based on an EBITDA of £175.5k and a 4.41x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Paint Inspection Ltd is a live company located in fareham, PO16 7BG with a Companies House number of 07437645. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in November 2010, it's largest shareholder is andrew patterson & melissa patterson with a 50% stake. Paint Inspection Ltd is a established, small sized company, Pomanda has estimated its turnover at £977.6k with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Paint Inspection Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

2 Strong

5 Regular

4 Weak

Size

annual sales of £977.6k, make it smaller than the average company (£6m)

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (8.6%)

EXPORT

Paint Inspection Ltd's latest turnover from November 2023 is estimated at £977.6 thousand and the company has net assets of £193.7 thousand. According to their latest financial statements, Paint Inspection Ltd has 10 employees and maintains cash reserves of £351.4 thousand 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
Turnover	977,628	870,553	642,767	747,581	1,025,293	713,081	679,793	1,412,085	1,300,228	1,053,313	902,962	476,751	449,341
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	743,264	652,944	494,429	571,221	774,509	532,894	503,214	1,036,683	968,981	796,324	666,350	348,373	319,072
Gross Profit	234,364	217,608	148,337	176,360	250,784	180,186	176,579	375,403	331,247	256,990	236,612	128,378	130,269
Admin Expenses	59,433	208,563	186,529	213,111	240,157	242,746	289,745	246,561	293,098	227,733	104,279	99,419	130,113
Operating Profit	174,931	9,045	-38,192	-36,751	10,627	-62,560	-113,166	128,842	38,149	29,257	132,333	28,959	156
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	10,846	3,690	189	146	830	1,509	1,119	384	566	529	446	221	30
Pre-Tax Profit	185,777	12,735	-38,003	-36,605	11,457	-61,051	-112,047	129,226	38,715	29,786	132,779	29,180	186
Tax	-46,444	-2,420	0	0	-2,177	0	0	-25,845	-7,743	-6,255	-30,539	-7,003	-48
Profit After Tax	139,333	10,315	-38,003	-36,605	9,280	-61,051	-112,047	103,381	30,972	23,531	102,240	22,177	138
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	139,333	10,315	-38,003	-36,605	9,280	-61,051	-112,047	103,381	30,972	23,531	102,240	22,177	138
Employee Costs	466,725	391,545	379,841	423,785	427,023	460,504	480,260	518,894	316,291	262,940	222,090	147,879	142,698
Number Of Employees	10	9	9	10	10	11	12	13	8	7	6	4	4
EBITDA*	175,505	9,045	-35,313	-22,687	27,235	-45,952	-96,558	150,388	63,002	55,092	142,918	35,776	3,923

* 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
Tangible Assets	1,723	2	3	14,066	33,218	49,826	66,434	21,554	48,274	73,127	21,059	13,848	8,415
Intangible Assets	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
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	1,723	2	3	14,066	33,218	49,826	66,434	21,554	48,274	73,127	21,059	13,848	8,415
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	172,290	174,358	116,234	136,897	230,186	105,472	77,692	306,286	224,691	171,325	145,923	46,716	66,132
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	1,483	1,020	9,276	7,996	20,285	0	0	0	0	0
Cash	351,364	82,478	163,496	215,300	76,358	144,996	257,399	190,238	117,170	109,328	102,275	76,250	12,135
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	523,654	256,836	279,730	353,680	307,564	259,744	343,087	516,809	341,861	280,653	248,198	122,966	78,267
total assets	525,377	256,838	279,733	367,746	340,782	309,570	409,521	538,363	390,135	353,780	269,257	136,814	86,682
Bank overdraft	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
Trade Creditors	25,958	12,081	5,890	1,698	5,596	899	2,104	8,288	182,107	164,964	144,248	113,821	85,365
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	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
other current liabilities	305,756	190,427	229,828	283,282	199,288	167,244	190,131	231,058	0	0	0	0	0
total current liabilities	331,714	202,508	235,718	284,980	204,884	168,143	192,235	239,346	182,107	164,964	144,248	113,821	85,365
loans	0	0	0	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
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	748	17,275	32,084	46,892	16,576	28,968	40,728	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	452	676	1,177
total long term liabilities	0	0	0	748	17,275	32,084	46,892	16,576	28,968	40,728	452	676	1,177
total liabilities	331,714	202,508	235,718	285,728	222,159	200,227	239,127	255,922	211,075	205,692	144,700	114,497	86,542
net assets	193,663	54,330	44,015	82,018	118,623	109,343	170,394	282,441	179,060	148,088	124,557	22,317	140
total shareholders funds	193,663	54,330	44,015	82,018	118,623	109,343	170,394	282,441	179,060	148,088	124,557	22,317	140

	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
Operating Activities
Operating Profit	174,931	9,045	-38,192	-36,751	10,627	-62,560	-113,166	128,842	38,149	29,257	132,333	28,959	156
Depreciation	574	0	2,879	14,064	16,608	16,608	16,608	21,546	24,853	25,835	10,585	6,817	3,767
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-46,444	-2,420	0	0	-2,177	0	0	-25,845	-7,743	-6,255	-30,539	-7,003	-48
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	-2,068	58,124	-22,146	-92,826	116,458	29,060	-240,883	101,880	53,366	25,402	99,207	-19,416	66,132
Creditors	13,877	6,191	4,192	-3,898	4,697	-1,205	-6,184	-173,819	17,143	20,716	30,427	28,456	85,365
Accruals and Deferred Income	115,329	-39,401	-53,454	83,994	32,044	-22,887	-40,927	231,058	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	-452	-224	-501	1,177
Cash flow from operations	260,335	-84,709	-62,429	150,235	-54,659	-99,104	97,214	79,902	19,036	43,699	43,375	76,144	24,285
Investing Activities
capital expenditure	-2,295	1	11,184	5,088	0	0	-61,488	5,174	0	-77,903	-17,796	-12,250	-12,182
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-2,295	1	11,184	5,088	0	0	-61,488	5,174	0	-77,903	-17,796	-12,250	-12,182
Financing Activities
Bank loans	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
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	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
other long term liabilities	0	0	-748	-16,527	-14,809	-14,808	30,316	-12,392	-11,760	40,728	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	2
interest	10,846	3,690	189	146	830	1,509	1,119	384	566	529	446	221	30
cash flow from financing	10,846	3,690	-559	-16,381	-13,979	-13,299	31,435	-12,008	-11,194	41,257	446	221	32
cash and cash equivalents
cash	268,886	-81,018	-51,804	138,942	-68,638	-112,403	67,161	73,068	7,842	7,053	26,025	64,115	12,135
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	268,886	-81,018	-51,804	138,942	-68,638	-112,403	67,161	73,068	7,842	7,053	26,025	64,115	12,135

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for paint inspection ltd. Get real-time insights into paint inspection ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for paint inspection ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in PO16 area or any other competitors across 12 key performance metrics.

PAINT INSPECTION LTD group structure

Paint Inspection Ltd has no subsidiary companies.

Ultimate parent company

PAINT INSPECTION LTD

07437645

PAINT INSPECTION LTD Shareholders

andrew patterson & melissa patterson	50%
ian patterson & maria patterson	50%

Paint Inspection Ltd currently has 3 directors. The longest serving directors include Mr Ian Patterson (Nov 2010) and Mr Andrew Patterson (Nov 2010).

officer	country	age	start	end	role
Mr Ian Patterson	United Kingdom	58 years	Nov 2010	-	Director
Mr Andrew Patterson	England	52 years	Nov 2010	-	Director
Mr Keith Wagner	England	51 years	Jun 2023	-	Director

P&L

November 2023

turnover

977.6k

+12%

operating profit

174.9k

gross margin

24%

-4.1%

turnover

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

Balance Sheet

November 2023

net assets

193.7k

+2.56%

total assets

525.4k

+1.05%

cash

351.4k

+3.26%

net assets

Total assets minus all liabilities

Similar Companies

n & t carpentry & builders limited

1.5

tt fabrications limited

2.5

a. f. payne limited

martch & rowden construction limited

4.5

saunders surfacing limited

2.5

company number

07437645

Type

Private limited with Share Capital

industry

43999 - Specialised construction activities (other than scaffold erection) n.e.c.

incorporation date

November 2010

ultimate parent company

None

previous names

N/A

address

61 high street, fareham, PO16 7BG

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 paint inspection ltd.

paint inspection ltd Company Information

paint inspection ltd Estimated Valuation

paint inspection ltd Estimated Valuation

paint inspection ltd Estimated Valuation

Paint Inspection Ltd Overview

Paint Inspection Ltd Health Check

PAINT INSPECTION LTD financials

paint inspection ltd Credit Report and Business Information

Paint Inspection Ltd Competitor Analysis

paint inspection ltd Ownership

paint inspection ltd directors

paint inspection ltd company details

paint inspection ltd Charges & Mortgages

paint inspection ltd Companies House Filings - See Documents