Precision Facilities Management Limited

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precision facilities management limited Company Information

Live

EstablishedSmallHigh

Company Number

08038880

Website

www.precisionfm.co.uk

Registered Address

27 old gloucester street, london, WC1N 3AX

Industry

Combined facilities support activities

Telephone

08432899085

Next Accounts Due

April 2025

Group Structure

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Directors

Brijesh Thankey12 Years

Shareholders

brijesh thankey 100%

precision facilities management limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of PRECISION FACILITIES MANAGEMENT LIMITED at £1.5m based on a Turnover of £4.2m and 0.36x industry multiple (adjusted for size and gross margin).

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Precision Facilities Management Limited is a live company located in london, WC1N 3AX with a Companies House number of 08038880. It operates in the combined facilities support activities sector, SIC Code 81100. Founded in April 2012, it's largest shareholder is brijesh thankey with a 100% stake. Precision Facilities Management Limited is a established, small sized company, Pomanda has estimated its turnover at £4.2m with high growth in recent years.

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Pomanda's financial health check has awarded Precision Facilities Management Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

3 Strong

4 Regular

5 Weak

Size

annual sales of £4.2m, make it smaller than the average company (£8.9m)

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (5.2%)

EXPORT

Precision Facilities Management Limited's latest turnover from July 2023 is estimated at £4.2 million and the company has net assets of £128.7 thousand. According to their latest financial statements, Precision Facilities Management Limited has 29 employees and maintains cash reserves of £20.8 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jul 2023	Jul 2022	Jul 2021	Jul 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013
Turnover	4,216,222	3,589,338	2,633,572	2,476,544	2,479,000	2,050,789	2,055,047	1,570,759	2,708,570	1,109,559	997,007
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	3,408,822	2,928,625	2,183,091	2,007,310	1,955,688	1,604,544	1,571,257	1,200,978	2,113,350	834,717	748,827
Gross Profit	807,399	660,713	450,481	469,234	523,312	446,245	483,790	369,781	595,220	274,842	248,180
Admin Expenses	758,187	662,861	407,966	382,492	521,107	446,553	450,419	359,410	543,692	336,297	243,167
Operating Profit	49,212	-2,148	42,515	86,742	2,205	-308	33,371	10,371	51,528	-61,455	5,013
Interest Payable	9,863	5,873	5,490	2,745	0	0	0	4,633	8,970	6,669	2,331
Interest Receivable	1,536	606	40	55	654	337	155	215	52	61	30
Pre-Tax Profit	40,885	-7,414	37,065	84,052	2,858	28	33,526	5,954	42,610	-68,063	2,712
Tax	-10,221	0	-7,042	-15,970	-543	-5	-6,370	-1,191	-8,522	0	-624
Profit After Tax	30,664	-7,414	30,023	68,082	2,315	23	27,156	4,763	34,088	-68,063	2,088
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	30,664	-7,414	30,023	68,082	2,315	23	27,156	4,763	34,088	-68,063	2,088
Employee Costs	905,437	857,416	762,990	574,928	342,146	415,377	407,361	297,733	1,071,763	444,684	381,069
Number Of Employees	29	30	30	21	13	16	16	11	40	18	14
EBITDA*	102,681	29,197	59,269	104,535	14,768	11,946	44,779	26,422	65,691	-55,216	5,447

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jul 2023	Jul 2022	Jul 2021	Jul 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013
Tangible Assets	222,736	120,471	38,615	32,858	41,786	38,332	50,586	26,469	40,301	47,751	5,590
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	222,736	120,471	38,615	32,858	41,786	38,332	50,586	26,469	40,301	47,751	5,590
Stock & work in progress	30,950	10,950	19,885	28,930	28,840	6,350	6,350	4,200	0	8,919	2,682
Trade Debtors	458,120	515,466	369,068	316,667	308,310	282,540	291,494	240,430	340,393	160,014	159,381
Group Debtors	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	506,526	216,730	235,175	278,844	299,212	334,669	293,425	190,342	0	0	0
Cash	20,814	40,629	56,370	24,120	85,796	88,474	46,164	77,677	8,500	12,358	11,874
misc current assets	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,016,410	783,775	680,498	648,561	722,158	712,033	637,433	512,649	348,893	181,291	173,937
total assets	1,239,146	904,246	719,113	681,419	763,944	750,365	688,019	539,118	389,194	229,042	179,527
Bank overdraft	0	0	0	1,368	0	0	0	0	142,540	133,474	71,717
Bank loan	25,792	18,000	18,000	0	0	0	0	0	0	0	0
Trade Creditors	416,524	314,307	199,382	213,092	277,834	252,506	269,482	186,204	252,014	122,666	99,773
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	12,725	12,047	0	0	0	0	0	9,177	12,350	12,350	0
other current liabilities	516,146	357,722	317,693	299,793	415,087	405,713	365,503	314,164	0	0	0
total current liabilities	971,187	702,076	535,075	514,253	692,921	658,219	634,985	509,545	406,904	268,490	171,490
loans	81,532	54,000	72,000	88,632	0	0	0	0	0	0	0
hp & lease commitments	31,872	43,546	0	0	0	0	0	51,697	9,177	21,527	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	57,190	81,669	40,001	0	0	0	0
provisions	25,830	6,563	6,563	3,082	6,463	5,422	8,001	0	0	0	949
total long term liabilities	139,234	104,109	78,563	91,714	63,653	87,091	48,002	51,697	9,177	21,527	949
total liabilities	1,110,421	806,185	613,638	605,967	756,574	745,310	682,987	561,242	416,081	290,017	172,439
net assets	128,725	98,061	105,475	75,452	7,370	5,055	5,032	-22,124	-26,887	-60,975	7,088
total shareholders funds	128,725	98,061	105,475	75,452	7,370	5,055	5,032	-22,124	-26,887	-60,975	7,088

	Jul 2023	Jul 2022	Jul 2021	Jul 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013
Operating Activities
Operating Profit	49,212	-2,148	42,515	86,742	2,205	-308	33,371	10,371	51,528	-61,455	5,013
Depreciation	53,469	31,345	16,754	17,793	12,563	12,254	11,408	16,051	14,163	6,239	434
Amortisation	0	0	0	0	0	0	0	0	0	0	0
Tax	-10,221	0	-7,042	-15,970	-543	-5	-6,370	-1,191	-8,522	0	-624
Stock	20,000	-8,935	-9,045	90	22,490	0	2,150	4,200	-8,919	6,237	2,682
Debtors	232,450	127,953	8,732	-12,011	-9,687	32,290	154,147	90,379	180,379	633	159,381
Creditors	102,217	114,925	-13,710	-64,742	25,328	-16,976	83,278	-65,810	129,348	22,893	99,773
Accruals and Deferred Income	158,424	40,029	17,900	-115,294	9,374	40,210	51,339	314,164	0	0	0
Deferred Taxes & Provisions	19,267	0	3,481	-3,381	1,041	-2,579	8,001	0	0	-949	949
Cash flow from operations	119,918	65,133	60,211	-82,931	37,165	306	24,730	179,006	15,057	-40,142	-56,518
Investing Activities
capital expenditure	-155,734	-113,201	-22,511	-8,865	-16,017	0	-35,525	-2,219	-6,713	-48,400	-6,024
Change in Investments	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-155,734	-113,201	-22,511	-8,865	-16,017	0	-35,525	-2,219	-6,713	-48,400	-6,024
Financing Activities
Bank loans	7,792	0	18,000	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0
Long term loans	27,532	-18,000	-16,632	88,632	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	-10,996	55,593	0	0	0	0	-60,874	39,347	-12,350	33,877	0
other long term liabilities	0	0	0	-57,190	-24,479	41,668	40,001	0	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	5,000
interest	-8,327	-5,267	-5,450	-2,690	654	337	155	-4,418	-8,918	-6,608	-2,301
cash flow from financing	16,001	32,326	-4,082	28,752	-23,825	42,005	-20,718	34,929	-21,268	27,269	2,699
cash and cash equivalents
cash	-19,815	-15,741	32,250	-61,676	-2,678	42,310	-31,513	69,177	-3,858	484	11,874
overdraft	0	0	-1,368	1,368	0	0	0	-142,540	9,066	61,757	71,717
change in cash	-19,815	-15,741	33,618	-63,044	-2,678	42,310	-31,513	211,717	-12,924	-61,273	-59,843

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for precision facilities management limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in WC1N area or any other competitors across 12 key performance metrics.

PRECISION FACILITIES MANAGEMENT LIMITED group structure

Precision Facilities Management Limited has no subsidiary companies.

Ultimate parent company

PRECISION FACILITIES MANAGEMENT LIMITED

08038880

PRECISION FACILITIES MANAGEMENT LIMITED Shareholders

brijesh thankey

100%

Precision Facilities Management Limited currently has 1 director, Mr Brijesh Thankey serving since Jun 2012.

officer	country	age	start	end	role
Mr Brijesh Thankey	England	50 years	Jun 2012	-	Director

P&L

July 2023

turnover

4.2m

+17%

operating profit

49.2k

gross margin

19.2%

+4.03%

turnover

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

Balance Sheet

July 2023

net assets

128.7k

+0.31%

total assets

1.2m

+0.37%

cash

20.8k

-0.49%

net assets

Total assets minus all liabilities

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3.5

company number

08038880

Type

Private limited with Share Capital

industry

81100 - Combined facilities support activities

incorporation date

April 2012

accounts

Total Exemption Full

ultimate parent company

None

previous names

a&l maintenance services limited (July 2012)

last accounts submitted

July 2023

address

27 old gloucester street, london, WC1N 3AX

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 3 charges/mortgages relating to precision facilities management limited. Currently there are 1 open charges and 2 have been satisfied in the past.

precision facilities management limited Company Information

precision facilities management limited Estimated Valuation

precision facilities management limited Estimated Valuation

precision facilities management limited Estimated Valuation

Precision Facilities Management Limited Overview

Precision Facilities Management Limited Health Check

PRECISION FACILITIES MANAGEMENT LIMITED financials

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precision facilities management limited Ownership

precision facilities management limited directors

precision facilities management limited company details

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