precise fire & security ltd

precise fire & security ltd Company Information

Share PRECISE FIRE & SECURITY LTD
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Company Number

07488396

Industry

Security systems service activities

 

Directors

Simon Curran

Sean Curran

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Shareholders

sean curran

simon curran

Group Structure

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Contact

Registered Address

unit 4 bluegates business park, stortford road, dunmow, CM6 1SN

precise fire & security ltd Estimated Valuation

£576.2k

Pomanda estimates the enterprise value of PRECISE FIRE & SECURITY LTD at £576.2k based on a Turnover of £1.1m and 0.53x industry multiple (adjusted for size and gross margin).

precise fire & security ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of PRECISE FIRE & SECURITY LTD at £0 based on an EBITDA of £-151.3k and a 4.22x industry multiple (adjusted for size and gross margin).

precise fire & security ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of PRECISE FIRE & SECURITY LTD at £0 based on Net Assets of £-11.5k and 2.22x industry multiple (adjusted for liquidity).

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Precise Fire & Security Ltd Overview

Precise Fire & Security Ltd is a live company located in dunmow, CM6 1SN with a Companies House number of 07488396. It operates in the security systems service activities sector, SIC Code 80200. Founded in January 2011, it's largest shareholder is sean curran with a 90.5% stake. Precise Fire & Security Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.1m with high growth in recent years.

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Precise Fire & Security Ltd Health Check

Pomanda's financial health check has awarded Precise Fire & Security Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £1.1m, make it smaller than the average company (£2.2m)

£1.1m - Precise Fire & Security Ltd

£2.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (8.4%)

19% - Precise Fire & Security Ltd

8.4% - Industry AVG

production

Production

with a gross margin of 37.2%, this company has a comparable cost of product (37.2%)

37.2% - Precise Fire & Security Ltd

37.2% - Industry AVG

profitability

Profitability

an operating margin of -14.5% make it less profitable than the average company (6.2%)

-14.5% - Precise Fire & Security Ltd

6.2% - Industry AVG

employees

Employees

with 14 employees, this is below the industry average (21)

14 - Precise Fire & Security Ltd

21 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.1k, the company has an equivalent pay structure (£39.1k)

£39.1k - Precise Fire & Security Ltd

£39.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £78.1k, this is less efficient (£105.5k)

£78.1k - Precise Fire & Security Ltd

£105.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 58 days, this is near the average (66 days)

58 days - Precise Fire & Security Ltd

66 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 97 days, this is slower than average (42 days)

97 days - Precise Fire & Security Ltd

42 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 38 days, this is more than average (19 days)

38 days - Precise Fire & Security Ltd

19 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (9 weeks)

3 weeks - Precise Fire & Security Ltd

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 103.6%, this is a higher level of debt than the average (67.8%)

103.6% - Precise Fire & Security Ltd

67.8% - Industry AVG

PRECISE FIRE & SECURITY LTD financials

EXPORTms excel logo

Precise Fire & Security Ltd's latest turnover from January 2024 is estimated at £1.1 million and the company has net assets of -£11.5 thousand. According to their latest financial statements, Precise Fire & Security Ltd has 14 employees and maintains cash reserves of £20.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012
Turnover1,093,2271,243,138839,299655,921616,527432,439231,847300,550200,117306,908266,239368,90977,532
Other Income Or Grants0000000000000
Cost Of Sales686,684793,072533,458425,194398,963280,079139,628182,858119,992177,504155,797215,16344,771
Gross Profit406,543450,066305,841230,726217,564152,36092,219117,69280,125129,404110,442153,74632,762
Admin Expenses565,524431,516302,655140,756166,257118,267136,556168,60995,866138,99897,436151,73725,146
Operating Profit-158,98118,5503,18689,97051,30734,093-44,337-50,917-15,741-9,59413,0062,0097,616
Interest Payable0000000000000
Interest Receivable7937871225317713632131421
Pre-Tax Profit-158,18819,3373,30790,02351,48434,106-44,331-50,914-15,739-9,58113,0192,0117,618
Tax0-3,674-628-17,104-9,782-6,4800000-2,994-483-1,981
Profit After Tax-158,18815,6632,67972,91941,70227,626-44,331-50,914-15,739-9,58110,0251,5285,637
Dividends Paid0000000000000
Retained Profit-158,18815,6632,67972,91941,70227,626-44,331-50,914-15,739-9,58110,0251,5285,637
Employee Costs547,167415,289390,308385,459238,075147,064139,266238,29194,593126,593104,067148,50235,479
Number Of Employees14111111744734341
EBITDA*-151,31522,2014,97092,07352,31535,170-42,901-49,288-13,569-7,07214,6242,2317,616

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012
Tangible Assets23,57931,2455,7663,0125,1153,2284,3055,7416,5138,6859,3711,1100
Intangible Assets0000000000000
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets23,57931,2455,7663,0125,1153,2284,3055,7416,5138,6859,3711,1100
Stock & work in progress72,000121,11261,11214,46225,14217,30113,33822,45533,54436,38313,01500
Trade Debtors175,899248,301163,376121,057128,70293,97931,41525,48027,75247,28650,90365,47115,526
Group Debtors0000000000000
Misc Debtors25,50526,30521,70857,75411,96300021,0740000
Cash20,5649,66235,31362,11244,7512,4001,0171,306851495,248245543
misc current assets0000000000000
total current assets293,968405,380281,509255,385210,558113,68045,77049,24183,22183,71869,16665,71616,069
total assets317,547436,625287,275258,397215,673116,90850,07554,98289,73492,40378,53766,82616,069
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 183,846162,81080,62163,60098,82655,03543,68224,98147,57384,79261,34552,5569,098
Group/Directors Accounts000000000007,1031,332
other short term finances0000000000000
hp & lease commitments5,0655,06500000000000
other current liabilities120,28795,23274,15966,42361,39248,12011,86234,66950,2890000
total current liabilities309,198263,107154,780130,023160,218103,15555,54459,65097,86284,79261,34559,65910,430
loans0000000000000
hp & lease commitments13,92618,99000000000000
Accruals and Deferred Income0000000000000
other liabilities00000097,90454,37400000
provisions5,8957,8121,4420000000000
total long term liabilities19,82126,8021,44200097,90454,37400000
total liabilities329,019289,909156,222130,023160,218103,155153,448114,02497,86284,79261,34559,65910,430
net assets-11,472146,716131,053128,37455,45513,753-103,373-59,042-8,1287,61117,1927,1675,639
total shareholders funds-11,472146,716131,053128,37455,45513,753-103,373-59,042-8,1287,61117,1927,1675,639
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012
Operating Activities
Operating Profit-158,98118,5503,18689,97051,30734,093-44,337-50,917-15,741-9,59413,0062,0097,616
Depreciation7,6663,6511,7842,1031,0081,0771,4361,6292,1722,5221,6182220
Amortisation0000000000000
Tax0-3,674-628-17,104-9,782-6,4800000-2,994-483-1,981
Stock-49,11260,00046,650-10,6807,8413,963-9,117-11,089-2,83923,36813,01500
Debtors-73,20289,5226,27338,14646,68662,5645,935-23,3461,540-3,617-14,56849,94515,526
Creditors21,03682,18917,021-35,22643,79111,35318,701-22,592-37,21923,4478,78943,4589,098
Accruals and Deferred Income25,05521,0737,7365,03113,27236,258-22,807-15,62050,2890000
Deferred Taxes & Provisions-1,9176,3701,4420000000000
Cash flow from operations15,173-21,363-22,38217,30845,0699,774-43,825-53,065800-3,37621,972-4,739-793
Investing Activities
capital expenditure0-29,130-4,5380-2,89500-8570-1,836-9,879-1,3320
Change in Investments0000000000000
cash flow from investments0-29,130-4,5380-2,89500-8570-1,836-9,879-1,3320
Financing Activities
Bank loans0000000000000
Group/Directors Accounts0000000000-7,1035,7711,332
Other Short Term Loans 0000000000000
Long term loans0000000000000
Hire Purchase and Lease Commitments-5,06424,05500000000000
other long term liabilities00000-97,90443,53054,37400000
share issue0000089,5000000002
interest7937871225317713632131421
cash flow from financing-4,27124,84212253177-8,39143,53654,377213-7,0895,7731,335
cash and cash equivalents
cash10,902-25,651-26,79917,36142,3511,383-289455802-5,1995,003-298543
overdraft0000000000000
change in cash10,902-25,651-26,79917,36142,3511,383-289455802-5,1995,003-298543

precise fire & security 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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Precise Fire & Security Ltd Competitor Analysis

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Perform a competitor analysis for precise fire & security ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in CM6 area or any other competitors across 12 key performance metrics.

precise fire & security ltd Ownership

PRECISE FIRE & SECURITY LTD group structure

Precise Fire & Security Ltd has no subsidiary companies.

Ultimate parent company

PRECISE FIRE & SECURITY LTD

07488396

PRECISE FIRE & SECURITY LTD Shareholders

sean curran 90.5%
simon curran 9.5%

precise fire & security ltd directors

Precise Fire & Security Ltd currently has 3 directors. The longest serving directors include Mr Simon Curran (Jan 2011) and Mr Sean Curran (Jan 2011).

officercountryagestartendrole
Mr Simon CurranEngland46 years Jan 2011- Director
Mr Sean CurranEngland50 years Jan 2011- Director
Mr Peter HawkinsEngland62 years Oct 2024- Director

P&L

January 2024

turnover

1.1m

-12%

operating profit

-159k

0%

gross margin

37.2%

+2.72%

turnover

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

Balance Sheet

January 2024

net assets

-11.5k

-1.08%

total assets

317.5k

-0.27%

cash

20.6k

+1.13%

net assets

Total assets minus all liabilities

precise fire & security ltd company details

company number

07488396

Type

Private limited with Share Capital

industry

80200 - Security systems service activities

incorporation date

January 2011

age

13

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

precise image security solutions ltd (February 2012)

accountant

SARGEANT PARTNERSHIP LLP

auditor

-

address

unit 4 bluegates business park, stortford road, dunmow, CM6 1SN

Bank

-

Legal Advisor

-

precise fire & security 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 precise fire & security ltd.

precise fire & security 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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precise fire & security ltd Companies House Filings - See Documents

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