pierce management services limited
pierce management services limited Company Information
Company Number
07453337
Next Accounts
Jun 2025
Shareholders
pierce assets ltd
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
g32-g38 two four nine north, church street, altrincham, WA14 4DZ
Website
http://micad.co.ukpierce management services limited Estimated Valuation
Pomanda estimates the enterprise value of PIERCE MANAGEMENT SERVICES LIMITED at £38.9k based on a Turnover of £36.2k and 1.07x industry multiple (adjusted for size and gross margin).
pierce management services limited Estimated Valuation
Pomanda estimates the enterprise value of PIERCE MANAGEMENT SERVICES LIMITED at £200.7k based on an EBITDA of £26.5k and a 7.57x industry multiple (adjusted for size and gross margin).
pierce management services limited Estimated Valuation
Pomanda estimates the enterprise value of PIERCE MANAGEMENT SERVICES LIMITED at £1.6m based on Net Assets of £707.2k and 2.29x industry multiple (adjusted for liquidity).
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Pierce Management Services Limited Overview
Pierce Management Services Limited is a live company located in altrincham, WA14 4DZ with a Companies House number of 07453337. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in November 2010, it's largest shareholder is pierce assets ltd with a 100% stake. Pierce Management Services Limited is a established, micro sized company, Pomanda has estimated its turnover at £36.2k with declining growth in recent years.
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Pierce Management Services Limited Health Check
Pomanda's financial health check has awarded Pierce Management Services Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £36.2k, make it smaller than the average company (£1.3m)
£36.2k - Pierce Management Services Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -58%, show it is growing at a slower rate (6.8%)
-58% - Pierce Management Services Limited
6.8% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (48.8%)
100% - Pierce Management Services Limited
48.8% - Industry AVG
Profitability
an operating margin of 73.1% make it more profitable than the average company (6.8%)
73.1% - Pierce Management Services Limited
6.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (12)
3 - Pierce Management Services Limited
12 - Industry AVG
Pay Structure
on an average salary of £56.9k, the company has an equivalent pay structure (£56.9k)
- Pierce Management Services Limited
£56.9k - Industry AVG
Efficiency
resulting in sales per employee of £12.1k, this is less efficient (£126.2k)
£12.1k - Pierce Management Services Limited
£126.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Pierce Management Services Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Pierce Management Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Pierce Management Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 54 weeks, this is more cash available to meet short term requirements (18 weeks)
54 weeks - Pierce Management Services Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.4%, this is a lower level of debt than the average (58%)
3.4% - Pierce Management Services Limited
58% - Industry AVG
PIERCE MANAGEMENT SERVICES LIMITED financials
Pierce Management Services Limited's latest turnover from September 2023 is £36.2 thousand and the company has net assets of £707.2 thousand. According to their latest financial statements, Pierce Management Services Limited has 3 employees and maintains cash reserves of £26 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 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 36,232 | 498,967 | 518,098 | 473,051 | 183,589 | 230,979 | 300,101 | 504,220 | 421,331 | |||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 34,857 | 43,030 | 54,854 | |||||||||
| Gross Profit | 36,232 | 464,110 | 475,068 | 418,197 | 183,589 | 230,979 | 300,101 | 504,220 | ||||
| Admin Expenses | 9,737 | 205,963 | 273,935 | 253,208 | 167,963 | 179,107 | 212,118 | 480,231 | ||||
| Operating Profit | 26,495 | 258,147 | 201,133 | 164,989 | 15,626 | 51,872 | 87,983 | 23,989 | ||||
| Interest Payable | ||||||||||||
| Interest Receivable | 43 | |||||||||||
| Pre-Tax Profit | 26,495 | 258,147 | 201,133 | 164,989 | 15,626 | 51,872 | 88,026 | 23,989 | -26,232 | |||
| Tax | 5,105 | -3,919 | ||||||||||
| Profit After Tax | 26,495 | 258,147 | 201,133 | 164,989 | 15,626 | 51,872 | 88,026 | 29,094 | -30,151 | |||
| Dividends Paid | ||||||||||||
| Retained Profit | 26,495 | 258,147 | 201,133 | 164,989 | 15,626 | 51,872 | 88,026 | 29,094 | -30,151 | |||
| Employee Costs | ||||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | ||||
| EBITDA* | 26,495 | 258,147 | 201,133 | 164,989 | 15,626 | 51,872 | 93,359 | 34,664 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,376 | 4,961 | 8,856 | 10,508 | 9,327 | |||||||
| Intangible Assets | ||||||||||||
| Investments & Other | 100 | 100 | ||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 5,376 | 5,061 | 8,956 | 10,508 | 9,327 | |||||||
| Stock & work in progress | 16,250 | 2,300 | 17,500 | 2,625 | ||||||||
| Trade Debtors | 6,010 | 7,811 | 8,215 | 7,826 | 42,772 | 45,851 | 191,069 | 189,100 | 132,465 | 170,529 | ||
| Group Debtors | 706,008 | 664,408 | 395,857 | 176,419 | 200 | 200 | 200 | 200 | 200 | 624 | 100 | |
| Misc Debtors | 125 | 5,505 | 4,160 | |||||||||
| Cash | 26,043 | 73,417 | 107,405 | 149,398 | 169,595 | 158,891 | 123,020 | 299,367 | 52 | 552 | 22,343 | 17,188 |
| misc current assets | ||||||||||||
| total current assets | 732,051 | 737,825 | 509,272 | 333,628 | 178,010 | 166,917 | 166,117 | 350,923 | 211,731 | 191,952 | 172,932 | 190,442 |
| total assets | 732,051 | 737,825 | 509,272 | 333,628 | 178,010 | 166,917 | 166,117 | 356,299 | 216,792 | 200,908 | 183,440 | 199,769 |
| Bank overdraft | 2,209 | |||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 6,927 | 5,225 | 317 | 1,230 | 706 | 2,283 | 4,944 | 297,776 | 63,262 | 216,065 | ||
| Group/Directors Accounts | 12,929 | 12,929 | 12,929 | 12,929 | 17,739 | 19,222 | 28,369 | 275,318 | 184,391 | |||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 11,945 | 37,287 | 68,583 | 99,297 | 103,541 | 105,678 | 148,127 | 177,809 | 337,844 | |||
| total current liabilities | 24,874 | 57,143 | 86,737 | 112,226 | 121,597 | 126,130 | 177,202 | 455,410 | 344,997 | 297,776 | 247,653 | 216,065 |
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | ||||||||||||
| provisions | 1,186 | 2,383 | 995 | |||||||||
| total long term liabilities | 1,186 | 2,383 | 995 | |||||||||
| total liabilities | 24,874 | 57,143 | 86,737 | 112,226 | 121,597 | 126,130 | 177,202 | 455,410 | 344,997 | 298,962 | 250,036 | 217,060 |
| net assets | 707,177 | 680,682 | 422,535 | 221,402 | 56,413 | 40,787 | -11,085 | -99,111 | -128,205 | -98,054 | -66,596 | -17,291 |
| total shareholders funds | 707,177 | 680,682 | 422,535 | 221,402 | 56,413 | 40,787 | -11,085 | -99,111 | -128,205 | -98,054 | -66,596 | -17,291 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 26,495 | 258,147 | 201,133 | 164,989 | 15,626 | 51,872 | 87,983 | 23,989 | ||||
| Depreciation | 5,376 | 10,675 | 2,480 | 4,429 | 4,248 | 1,430 | ||||||
| Amortisation | 9,000 | |||||||||||
| Tax | 5,105 | -3,919 | ||||||||||
| Stock | -16,250 | 13,950 | -15,200 | 14,875 | 2,625 | |||||||
| Debtors | 41,600 | 262,541 | 217,637 | 175,815 | 389 | -35,071 | -8,459 | -143,873 | 6,329 | 56,011 | -37,540 | 170,629 |
| Creditors | -6,927 | 1,702 | 5,225 | -317 | -913 | 524 | -1,577 | -2,661 | -292,832 | 234,514 | -152,803 | 216,065 |
| Accruals and Deferred Income | -25,342 | -31,296 | -30,714 | -4,244 | -2,137 | -42,449 | -29,682 | -160,035 | 337,844 | |||
| Deferred Taxes & Provisions | -1,186 | -1,197 | 1,388 | 995 | ||||||||
| Cash flow from operations | -47,374 | -33,988 | -41,993 | -15,387 | 12,187 | 45,018 | 70,559 | 37,196 | ||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | -100 | 100 | ||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | -4,810 | -1,483 | -9,147 | -246,949 | 275,318 | -184,391 | 184,391 | |||||
| Other Short Term Loans | ||||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | ||||||||||||
| share issue | ||||||||||||
| interest | 43 | |||||||||||
| cash flow from financing | -4,810 | -1,483 | -9,147 | -246,906 | 275,318 | |||||||
| cash and cash equivalents | ||||||||||||
| cash | -47,374 | -33,988 | -41,993 | -20,197 | 10,704 | 35,871 | -176,347 | 299,315 | -500 | -21,791 | 5,155 | 17,188 |
| overdraft | -2,209 | 2,209 | ||||||||||
| change in cash | -47,374 | -33,988 | -41,993 | -20,197 | 10,704 | 35,871 | -176,347 | 301,524 | -2,709 | -21,791 | 5,155 | 17,188 |
pierce management services limited Credit Report and Business Information
Pierce Management Services Limited Competitor Analysis
Perform a competitor analysis for pierce management services limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WA14 area or any other competitors across 12 key performance metrics.
pierce management services limited Ownership
PIERCE MANAGEMENT SERVICES LIMITED group structure
Pierce Management Services Limited has no subsidiary companies.
Ultimate parent company
2 parents
PIERCE MANAGEMENT SERVICES LIMITED
07453337
pierce management services limited directors
Pierce Management Services Limited currently has 3 directors. The longest serving directors include Mr Simon Alberga (Jun 2015) and Mr Peter Harris (Jun 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Alberga | 58 years | Jun 2015 | - | Director | |
| Mr Peter Harris | England | 51 years | Jun 2015 | - | Director |
| Mr Thomas Ledson | England | 49 years | Jun 2015 | - | Director |
P&L
September 2023turnover
36.2k
-93%
operating profit
26.5k
-90%
gross margin
100%
+7.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
707.2k
+0.04%
total assets
732.1k
-0.01%
cash
26k
-0.65%
net assets
Total assets minus all liabilities
Similar Companies
pierce management services limited company details
company number
07453337
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
November 2010
age
15
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
g32-g38 two four nine north, church street, altrincham, WA14 4DZ
Bank
-
Legal Advisor
-
pierce management services 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 found 2 charges/mortgages relating to pierce management services limited. Currently there are 1 open charges and 1 have been satisfied in the past.
pierce management services 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.
Click to start generating capital raising & share issue transactions for PIERCE MANAGEMENT SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
pierce management services limited Companies House Filings - See Documents
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