picasso plumbing limited
picasso plumbing limited Company Information
Group Structure
View All
Industry
Plumbing, heat and air-conditioning installation
Registered Address
111 halsford park road, east grinstead, RH19 1PR
Website
picassoplumbing.compicasso plumbing limited Estimated Valuation
Pomanda estimates the enterprise value of PICASSO PLUMBING LIMITED at £14.1k based on a Turnover of £34.3k and 0.41x industry multiple (adjusted for size and gross margin).
picasso plumbing limited Estimated Valuation
Pomanda estimates the enterprise value of PICASSO PLUMBING LIMITED at £21.1k based on an EBITDA of £6.1k and a 3.49x industry multiple (adjusted for size and gross margin).
picasso plumbing limited Estimated Valuation
Pomanda estimates the enterprise value of PICASSO PLUMBING LIMITED at £0 based on Net Assets of £-6k and 2.83x industry multiple (adjusted for liquidity).
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Picasso Plumbing Limited Overview
Picasso Plumbing Limited is a live company located in east grinstead, RH19 1PR with a Companies House number of 07713613. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in July 2011, it's largest shareholder is guy jonathan walding with a 100% stake. Picasso Plumbing Limited is a established, micro sized company, Pomanda has estimated its turnover at £34.3k with declining growth in recent years.
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Picasso Plumbing Limited Health Check
Pomanda's financial health check has awarded Picasso Plumbing Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £34.3k, make it smaller than the average company (£383.9k)
- Picasso Plumbing Limited
£383.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (11.5%)
- Picasso Plumbing Limited
11.5% - Industry AVG
Production
with a gross margin of 18.3%, this company has a higher cost of product (29.1%)
- Picasso Plumbing Limited
29.1% - Industry AVG
Profitability
an operating margin of 17.7% make it more profitable than the average company (5.7%)
- Picasso Plumbing Limited
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Picasso Plumbing Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.8k, the company has an equivalent pay structure (£32.8k)
- Picasso Plumbing Limited
£32.8k - Industry AVG
Efficiency
resulting in sales per employee of £34.3k, this is less efficient (£115.2k)
- Picasso Plumbing Limited
£115.2k - Industry AVG
Debtor Days
it gets paid by customers after 92 days, this is later than average (52 days)
- Picasso Plumbing Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (46 days)
- Picasso Plumbing Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Picasso Plumbing Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Picasso Plumbing Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 169.6%, this is a higher level of debt than the average (63.4%)
169.6% - Picasso Plumbing Limited
63.4% - Industry AVG
PICASSO PLUMBING LIMITED financials
Picasso Plumbing Limited's latest turnover from March 2024 is estimated at £34.3 thousand and the company has net assets of -£6 thousand. According to their latest financial statements, Picasso Plumbing Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | |||||||||||||
| Tax | |||||||||||||
| Profit After Tax | |||||||||||||
| Dividends Paid | |||||||||||||
| Retained Profit | |||||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 1 | 1 | 1 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||
| Intangible Assets | |||||||||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | |||||||||||||
| Stock & work in progress | |||||||||||||
| Trade Debtors | 8,676 | 6,077 | 7,268 | 15,532 | 7,372 | 11,991 | 6,005 | 5,835 | |||||
| Group Debtors | |||||||||||||
| Misc Debtors | |||||||||||||
| Cash | 2,450 | 5,099 | 79 | 367 | 103 | ||||||||
| misc current assets | |||||||||||||
| total current assets | 8,676 | 6,077 | 7,268 | 15,532 | 7,372 | 11,991 | 6,005 | 5,835 | 2,450 | 5,099 | 79 | 367 | 103 |
| total assets | 8,676 | 6,077 | 7,268 | 15,532 | 7,372 | 11,991 | 6,005 | 5,835 | 2,450 | 5,099 | 79 | 367 | 103 |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 266 | 3,156 | 7,156 | 3,510 | 3,990 | 1,956 | 188 | 100 | |||||
| Group/Directors Accounts | |||||||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 1,584 | ||||||||||||
| total current liabilities | 266 | 3,156 | 7,156 | 3,510 | 3,990 | 1,956 | 1,584 | 188 | 100 | ||||
| loans | |||||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | 14,445 | 16,659 | 18,889 | 20,000 | |||||||||
| provisions | |||||||||||||
| total long term liabilities | 14,445 | 16,659 | 18,889 | 20,000 | |||||||||
| total liabilities | 14,711 | 16,659 | 18,889 | 20,000 | 3,156 | 7,156 | 3,510 | 3,990 | 1,956 | 1,584 | 188 | 100 | |
| net assets | -6,035 | -10,582 | -11,621 | -4,468 | 4,216 | 4,835 | 2,495 | 1,845 | 494 | 3,515 | 79 | 179 | 3 |
| total shareholders funds | -6,035 | -10,582 | -11,621 | -4,468 | 4,216 | 4,835 | 2,495 | 1,845 | 494 | 3,515 | 79 | 179 | 3 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | |||||||||||||
| Amortisation | |||||||||||||
| Tax | |||||||||||||
| Stock | |||||||||||||
| Debtors | 2,599 | -1,191 | -8,264 | 8,160 | -4,619 | 5,986 | 170 | 5,835 | |||||
| Creditors | 266 | -3,156 | -4,000 | 3,646 | -480 | 2,034 | 1,956 | -188 | 88 | 100 | |||
| Accruals and Deferred Income | -1,584 | 1,584 | |||||||||||
| Deferred Taxes & Provisions | |||||||||||||
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | |||||||||||||
| Other Short Term Loans | |||||||||||||
| Long term loans | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | -2,214 | -2,230 | -1,111 | 20,000 | |||||||||
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -2,450 | -2,649 | 5,020 | -288 | 264 | 103 | |||||||
| overdraft | |||||||||||||
| change in cash | -2,450 | -2,649 | 5,020 | -288 | 264 | 103 |
picasso plumbing limited Credit Report and Business Information
Picasso Plumbing Limited Competitor Analysis
Perform a competitor analysis for picasso plumbing limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in RH19 area or any other competitors across 12 key performance metrics.
picasso plumbing limited Ownership
PICASSO PLUMBING LIMITED group structure
Picasso Plumbing Limited has no subsidiary companies.
Ultimate parent company
PICASSO PLUMBING LIMITED
07713613
picasso plumbing limited directors
Picasso Plumbing Limited currently has 1 director, Mr Guy Walding serving since Jul 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Guy Walding | England | 43 years | Jul 2011 | - | Director |
P&L
March 2024turnover
34.3k
-19%
operating profit
6.1k
0%
gross margin
18.4%
+4.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-6k
-0.43%
total assets
8.7k
+0.43%
cash
0
0%
net assets
Total assets minus all liabilities
picasso plumbing limited company details
company number
07713613
Type
Private limited with Share Capital
industry
43220 - Plumbing, heat and air-conditioning installation
incorporation date
July 2011
age
14
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
111 halsford park road, east grinstead, RH19 1PR
Bank
-
Legal Advisor
-
picasso plumbing 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 picasso plumbing limited.
picasso plumbing 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 PICASSO PLUMBING LIMITED. This can take several minutes, an email will notify you when this has completed.
picasso plumbing limited Companies House Filings - See Documents
| date | description | view/download |
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