broughton's plastering contractors limited

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broughton's plastering contractors limited Company Information

Share BROUGHTON'S PLASTERING CONTRACTORS LIMITED

Company Number

07760650

Shareholders

joseph broughton

sarah broughton

Group Structure

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Industry

Plastering

 

Registered Address

596 kingsbury road, erdington, birmingham, B24 9PJ

broughton's plastering contractors limited Estimated Valuation

£2.3m

Pomanda estimates the enterprise value of BROUGHTON'S PLASTERING CONTRACTORS LIMITED at £2.3m based on a Turnover of £5.2m and 0.44x industry multiple (adjusted for size and gross margin).

broughton's plastering contractors limited Estimated Valuation

£225.5k

Pomanda estimates the enterprise value of BROUGHTON'S PLASTERING CONTRACTORS LIMITED at £225.5k based on an EBITDA of £52.7k and a 4.28x industry multiple (adjusted for size and gross margin).

broughton's plastering contractors limited Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of BROUGHTON'S PLASTERING CONTRACTORS LIMITED at £2.4m based on Net Assets of £1m and 2.32x industry multiple (adjusted for liquidity).

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Broughton's Plastering Contractors Limited Overview

Broughton's Plastering Contractors Limited is a live company located in birmingham, B24 9PJ with a Companies House number of 07760650. It operates in the plastering sector, SIC Code 43310. Founded in September 2011, it's largest shareholder is joseph broughton with a 50% stake. Broughton's Plastering Contractors Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.2m with high growth in recent years.

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Broughton's Plastering Contractors Limited Health Check

Pomanda's financial health check has awarded Broughton'S Plastering Contractors Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

2 Regular

positive_score

2 Weak

size

Size

annual sales of £5.2m, make it larger than the average company (£230.9k)

£5.2m - Broughton's Plastering Contractors Limited

£230.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (9.9%)

27% - Broughton's Plastering Contractors Limited

9.9% - Industry AVG

production

Production

with a gross margin of 24.9%, this company has a comparable cost of product (24.9%)

24.9% - Broughton's Plastering Contractors Limited

24.9% - Industry AVG

profitability

Profitability

an operating margin of 0.8% make it less profitable than the average company (7.5%)

0.8% - Broughton's Plastering Contractors Limited

7.5% - Industry AVG

employees

Employees

with 10 employees, this is above the industry average (2)

10 - Broughton's Plastering Contractors Limited

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £24.3k, the company has an equivalent pay structure (£24.3k)

£24.3k - Broughton's Plastering Contractors Limited

£24.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £519.1k, this is more efficient (£134.6k)

£519.1k - Broughton's Plastering Contractors Limited

£134.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 60 days, this is later than average (38 days)

60 days - Broughton's Plastering Contractors Limited

38 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 60 days, this is slower than average (34 days)

60 days - Broughton's Plastering Contractors Limited

34 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (11 days)

0 days - Broughton's Plastering Contractors Limited

11 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 46 weeks, this is more cash available to meet short term requirements (28 weeks)

46 weeks - Broughton's Plastering Contractors Limited

28 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 45.3%, this is a lower level of debt than the average (52.4%)

45.3% - Broughton's Plastering Contractors Limited

52.4% - Industry AVG

BROUGHTON'S PLASTERING CONTRACTORS LIMITED financials

EXPORTms excel logo

Broughton'S Plastering Contractors Limited's latest turnover from March 2024 is estimated at £5.2 million and the company has net assets of £1 million. According to their latest financial statements, Broughton'S Plastering Contractors Limited has 10 employees and maintains cash reserves of £766.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012
Turnover5,190,7805,313,4283,829,3832,523,9251,915,913472,954763,6101,344,532260,684125,91121,414
Other Income Or Grants
Cost Of Sales3,898,6413,833,5292,644,6921,571,5391,193,728295,408517,736964,830185,64694,57914,609
Gross Profit1,292,1391,479,8991,184,692952,386722,185177,545245,874379,70275,03931,3326,805
Admin Expenses1,249,9051,170,362861,938820,486735,042-244,412-6,884328,67772,56433,083445652
Operating Profit42,234309,537322,754131,900-12,857421,957252,75851,0252,475-1,751-4456,153
Interest Payable204204
Interest Receivable46,49830,9673,7014974371,55339595145583414
Pre-Tax Profit88,732340,504326,454132,398-12,420423,510253,15351,1202,620-1,897-6146,167
Tax-22,183-64,696-62,026-25,156-80,467-48,099-10,224-524-1,480
Profit After Tax66,549275,808264,428107,242-12,420343,043205,05440,8962,096-1,897-6144,687
Dividends Paid
Retained Profit66,549275,808264,428107,242-12,420343,043205,05440,8962,096-1,897-6144,687
Employee Costs242,907224,472109,45755,96435,01727,736210,845270,48330,60228,98631,154
Number Of Employees108532177111
EBITDA*52,729317,716332,574143,647-2,390421,957254,33253,0324,6131,5622776,731

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012
Tangible Assets41,98332,71439,27946,98841,86921,5345,8117,3858,11610,2542,1631,735
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets41,98332,71439,27946,98841,86921,5345,8117,3858,11610,2542,1631,735
Stock & work in progress6,4406,4406,4406,6756,6758,250
Trade Debtors860,534842,568784,641419,639372,172116,093101,015159,64923,1675,005
Group Debtors
Misc Debtors10,4339,03611,8027,4785,47473,702
Cash766,1441,005,190452,059534,773459,540414,212282,60133,38742,99814,8798,1835,571
misc current assets223,422166,341112,58852,802
total current assets1,866,9732,029,5751,367,5301,021,367843,861538,555457,318193,03666,16519,8848,1835,571
total assets1,908,9562,062,2891,406,8091,068,355885,730560,089463,129200,42174,28130,13810,3467,306
Bank overdraft6,271
Bank loan
Trade Creditors 644,651854,498425,895351,967275,11718,97348,084122,96436,03022,3912,617
Group/Directors Accounts42266425,49738,644
other short term finances
hp & lease commitments8,45511,41211,4127,7127,7123,0602,106
other current liabilities199,953211,727225,621202,171247,211160,470132,118
total current liabilities853,4811,078,301688,425600,494530,040182,503182,308122,96436,03022,3916,2712,617
loans
hp & lease commitments10,7255,78715,99129,89624,9674,443499
Accruals and Deferred Income
other liabilities30,00030,00032,18933,8795,569
provisions
total long term liabilities10,7255,78715,99129,89624,96734,44330,49932,18933,8795,569
total liabilities864,2061,084,088704,416630,390555,007216,946212,807155,15369,90927,9606,2712,617
net assets1,044,750978,201702,393437,965330,723343,143250,32245,2684,3722,1784,0754,689
total shareholders funds1,044,750978,201702,393437,965330,723343,143250,32245,2684,3722,1784,0754,689
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012
Operating Activities
Operating Profit42,234309,537322,754131,900-12,857421,957252,75851,0252,475-1,751-4456,153
Depreciation10,4958,1799,82011,74710,4671,5742,0072,1383,313722578
Amortisation
Tax-22,183-64,696-62,026-25,156-80,467-48,099-10,224-524-1,480
Stock-235-1,5758,250
Debtors19,36355,161369,32649,471261,553116,09315,068136,48218,1625,005
Creditors-209,847428,60373,92876,850256,14418,973-74,88086,93413,63922,391-2,6172,617
Accruals and Deferred Income-11,774-13,89423,450-45,04086,741160,470132,118
Deferred Taxes & Provisions
Cash flow from operations-210,438612,568-1,165100,83080,517396,590248,403-6,740-43418,948-2,3407,868
Investing Activities
capital expenditure-19,764-1,614-2,111-16,866-30,802-21,534-1,276-11,404-1,150-2,313
Change in Investments
cash flow from investments-19,764-1,614-2,111-16,866-30,802-21,534-1,276-11,404-1,150-2,313
Financing Activities
Bank loans
Group/Directors Accounts-242-24,833-13,14738,644
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments1,981-10,204-10,2054,92925,1767,5032,605
other long term liabilities-30,00030,000-2,189-1,69028,3105,569
share issue100982
interest46,49830,9673,7014974371,55339595145-146-17014
cash flow from financing48,237-4,070-19,65144,070-4,38739,156811-1,59528,5535,423-17016
cash and cash equivalents
cash-239,046553,131-82,71475,23345,328414,212249,214-9,61128,1196,6962,6125,571
overdraft-6,2716,271
change in cash-239,046553,131-82,71475,23345,328414,212249,214-9,61128,11912,967-3,6595,571

broughton's plastering contractors limited 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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Broughton's Plastering Contractors Limited Competitor Analysis

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Perform a competitor analysis for broughton's plastering contractors limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in B24 area or any other competitors across 12 key performance metrics.

broughton's plastering contractors limited Ownership

BROUGHTON'S PLASTERING CONTRACTORS LIMITED group structure

Broughton'S Plastering Contractors Limited has no subsidiary companies.

Ultimate parent company

BROUGHTON'S PLASTERING CONTRACTORS LIMITED

07760650

BROUGHTON'S PLASTERING CONTRACTORS LIMITED Shareholders

joseph broughton 50%
sarah broughton 50%

broughton's plastering contractors limited directors

Broughton'S Plastering Contractors Limited currently has 1 director, Mr Joseph Broughton serving since Sep 2011.

officercountryagestartendrole
Mr Joseph BroughtonUnited Kingdom35 years Sep 2011- Director

P&L

March 2024

turnover

5.2m

-2%

operating profit

42.2k

0%

gross margin

24.9%

-10.62%

turnover

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

Balance Sheet

March 2024

net assets

1m

+0.07%

total assets

1.9m

-0.07%

cash

766.1k

-0.24%

net assets

Total assets minus all liabilities

broughton's plastering contractors limited company details

company number

07760650

Type

Private limited with Share Capital

industry

43310 - Plastering

incorporation date

September 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

joe's plastering services limited (February 2015)

accountant

PARKAR ACCOUNTANTS

auditor

-

address

596 kingsbury road, erdington, birmingham, B24 9PJ

Bank

-

Legal Advisor

-

broughton's plastering contractors 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 broughton's plastering contractors limited. Currently there are 0 open charges and 1 have been satisfied in the past.

broughton's plastering contractors 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.

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broughton's plastering contractors limited Companies House Filings - See Documents

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