the power industrial group limited
the power industrial group limited Company Information
Company Number
07545141
Website
powerindustrial.comRegistered Address
156 great charles street, queensway, birmingham, west midlands, B3 3HN
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
lloyds tsb development capital ltd 22%
david hayle 18.8%
View Allthe power industrial group limited Estimated Valuation
Pomanda estimates the enterprise value of THE POWER INDUSTRIAL GROUP LIMITED at £68.1m based on a Turnover of £33.1m and 2.06x industry multiple (adjusted for size and gross margin).
the power industrial group limited Estimated Valuation
Pomanda estimates the enterprise value of THE POWER INDUSTRIAL GROUP LIMITED at £0 based on an EBITDA of £-1.4m and a 7.88x industry multiple (adjusted for size and gross margin).
the power industrial group limited Estimated Valuation
Pomanda estimates the enterprise value of THE POWER INDUSTRIAL GROUP LIMITED at £0 based on Net Assets of £-3.6m and 1.86x industry multiple (adjusted for liquidity).
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The Power Industrial Group Limited Overview
The Power Industrial Group Limited is a dissolved company that was located in birmingham, B3 3HN with a Companies House number of 07545141. It operated in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in February 2011, it's largest shareholder was lloyds tsb development capital ltd with a 22% stake. The last turnover for The Power Industrial Group Limited was estimated at £33.1m.
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The Power Industrial Group Limited Health Check
Pomanda's financial health check has awarded The Power Industrial Group Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £33.1m, make it larger than the average company (£12.9m)
£33.1m - The Power Industrial Group Limited
£12.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- The Power Industrial Group Limited
- - Industry AVG
Production
with a gross margin of 32%, this company has a comparable cost of product (32%)
32% - The Power Industrial Group Limited
32% - Industry AVG
Profitability
an operating margin of -7.7% make it less profitable than the average company (5.9%)
-7.7% - The Power Industrial Group Limited
5.9% - Industry AVG
Employees
with 242 employees, this is above the industry average (97)
242 - The Power Industrial Group Limited
97 - Industry AVG
Pay Structure
on an average salary of £62.7k, the company has a higher pay structure (£33.4k)
£62.7k - The Power Industrial Group Limited
£33.4k - Industry AVG
Efficiency
resulting in sales per employee of £136.8k, this is equally as efficient (£156.7k)
£136.8k - The Power Industrial Group Limited
£156.7k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is near the average (48 days)
44 days - The Power Industrial Group Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is quicker than average (45 days)
37 days - The Power Industrial Group Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Power Industrial Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (13 weeks)
6 weeks - The Power Industrial Group Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 115.3%, this is a higher level of debt than the average (66.6%)
115.3% - The Power Industrial Group Limited
66.6% - Industry AVG
THE POWER INDUSTRIAL GROUP LIMITED financials
The Power Industrial Group Limited's latest turnover from December 2014 is £33.1 million and the company has net assets of -£3.6 million. According to their latest financial statements, The Power Industrial Group Limited has 242 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2014 | Dec 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|
| Turnover | 33,111,000 | 58,570,000 | 42,773,000 | |
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | -2,543,000 | -9,408,000 | 1,623,000 | |
| Interest Payable | 1,142,000 | 1,841,000 | 1,248,000 | |
| Interest Receivable | 0 | 0 | 3,000 | |
| Pre-Tax Profit | -3,679,000 | -11,278,000 | 379,000 | |
| Tax | -124,000 | 1,250,000 | -395,000 | |
| Profit After Tax | -3,803,000 | -10,028,000 | -16,000 | |
| Dividends Paid | 0 | 0 | 0 | |
| Retained Profit | -3,803,000 | -10,028,000 | -16,000 | |
| Employee Costs | 15,164,000 | 20,660,000 | 22,406,000 | |
| Number Of Employees | 242 | 255 | 319 | |
| EBITDA* | -1,388,000 | -8,165,000 | 2,360,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2014 | Dec 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|
| Tangible Assets | 335,000 | 540,000 | 551,000 | 0 |
| Intangible Assets | 16,689,000 | 17,539,000 | 14,902,000 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 579,000 | 744,000 | 12,000 | 0 |
| Total Fixed Assets | 17,603,000 | 18,823,000 | 15,465,000 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,999,000 | 10,374,000 | 10,196,000 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 727,000 | 2,333,000 | 480,000 | 0 |
| Cash | 1,349,000 | 1,644,000 | 5,100,000 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 6,075,000 | 14,351,000 | 15,776,000 | 0 |
| total assets | 23,678,000 | 33,174,000 | 31,241,000 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 236,000 | 700,000 | 1,200,000 | 0 |
| Trade Creditors | 2,333,000 | 5,737,000 | 1,749,000 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 2,231,000 | 1,393,000 | 0 | 0 |
| hp & lease commitments | 24,000 | 0 | 0 | 0 |
| other current liabilities | 5,484,000 | 10,873,000 | 12,100,000 | 0 |
| total current liabilities | 10,308,000 | 18,703,000 | 15,049,000 | 0 |
| loans | 16,958,000 | 13,972,000 | 15,721,000 | 0 |
| hp & lease commitments | 29,000 | 103,000 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 16,987,000 | 14,075,000 | 15,721,000 | 0 |
| total liabilities | 27,295,000 | 32,778,000 | 30,770,000 | 0 |
| net assets | -3,617,000 | 396,000 | 471,000 | 0 |
| total shareholders funds | -3,617,000 | 396,000 | 471,000 | 0 |
| Dec 2014 | Dec 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -2,543,000 | -9,408,000 | 1,623,000 | |
| Depreciation | 191,000 | 177,000 | 89,000 | |
| Amortisation | 964,000 | 1,066,000 | 648,000 | |
| Tax | -124,000 | 1,250,000 | -395,000 | |
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -8,146,000 | 2,763,000 | 10,688,000 | 0 |
| Creditors | -3,404,000 | 3,988,000 | 1,749,000 | 0 |
| Accruals and Deferred Income | -5,389,000 | -1,227,000 | 12,100,000 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | -2,159,000 | -6,917,000 | 5,126,000 | |
| Investing Activities | ||||
| capital expenditure | 26,000 | 41,000 | -122,000 | |
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | 26,000 | 41,000 | -122,000 | |
| Financing Activities | ||||
| Bank loans | -464,000 | -500,000 | 1,200,000 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 838,000 | 1,393,000 | 0 | 0 |
| Long term loans | 2,986,000 | -1,749,000 | 15,721,000 | 0 |
| Hire Purchase and Lease Commitments | -50,000 | 103,000 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | -1,142,000 | -1,841,000 | -1,245,000 | |
| cash flow from financing | 1,958,000 | 7,359,000 | 16,163,000 | |
| cash and cash equivalents | ||||
| cash | -295,000 | -3,456,000 | 5,100,000 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -295,000 | -3,456,000 | 5,100,000 | 0 |
the power industrial group limited Credit Report and Business Information
The Power Industrial Group Limited Competitor Analysis
Perform a competitor analysis for the power industrial group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in B 3 area or any other competitors across 12 key performance metrics.
the power industrial group limited Ownership
THE POWER INDUSTRIAL GROUP LIMITED group structure
The Power Industrial Group Limited has 3 subsidiary companies.
Ultimate parent company
THE POWER INDUSTRIAL GROUP LIMITED
07545141
3 subsidiaries
the power industrial group limited directors
The Power Industrial Group Limited currently has 2 directors. The longest serving directors include Mr Peter Douglas (Dec 2011) and Mr Christopher Thomas (May 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Douglas | 72 years | Dec 2011 | - | Director | |
| Mr Christopher Thomas | England | 69 years | May 2014 | - | Director |
P&L
December 2014turnover
33.1m
-43%
operating profit
-2.5m
-73%
gross margin
32%
+1.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2014net assets
-3.6m
-10.13%
total assets
23.7m
-0.29%
cash
1.3m
-0.18%
net assets
Total assets minus all liabilities
the power industrial group limited company details
company number
07545141
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
February 2011
age
13
incorporated
UK
accounts
Group
ultimate parent company
previous names
ensco 839 limited (December 2011)
last accounts submitted
December 2014
address
156 great charles street, queensway, birmingham, west midlands, B3 3HN
accountant
-
auditor
-
the power industrial group 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 1 charges/mortgages relating to the power industrial group limited. Currently there are 1 open charges and 0 have been satisfied in the past.
the power industrial group limited Companies House Filings - See Documents
| date | description | view/download |
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