pier estates ltd
pier estates ltd Company Information
Company Number
08309459
Website
-Registered Address
6th floor 2 london wall place, london, EC2Y 5AU
Industry
Other personal service activities n.e.c.
Telephone
-
Next Accounts Due
August 2024
Group Structure
View All
Directors
Thomas Leeman11 Years
Shareholders
thomas leeman 100%
pier estates ltd Estimated Valuation
Pomanda estimates the enterprise value of PIER ESTATES LTD at £859.1k based on a Turnover of £1.1m and 0.81x industry multiple (adjusted for size and gross margin).
pier estates ltd Estimated Valuation
Pomanda estimates the enterprise value of PIER ESTATES LTD at £918.6k based on an EBITDA of £154.4k and a 5.95x industry multiple (adjusted for size and gross margin).
pier estates ltd Estimated Valuation
Pomanda estimates the enterprise value of PIER ESTATES LTD at £225.2k based on Net Assets of £75.4k and 2.99x industry multiple (adjusted for liquidity).
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Pier Estates Ltd Overview
Pier Estates Ltd is a live company located in london, EC2Y 5AU with a Companies House number of 08309459. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in November 2012, it's largest shareholder is thomas leeman with a 100% stake. Pier Estates Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.1m with declining growth in recent years.
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Pier Estates Ltd Health Check
Pomanda's financial health check has awarded Pier Estates Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £1.1m, make it larger than the average company (£805.6k)
- Pier Estates Ltd
£805.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (4.1%)
- Pier Estates Ltd
4.1% - Industry AVG
Production
with a gross margin of 39.9%, this company has a comparable cost of product (39.9%)
- Pier Estates Ltd
39.9% - Industry AVG
Profitability
an operating margin of 14.6% make it more profitable than the average company (7.2%)
- Pier Estates Ltd
7.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - Pier Estates Ltd
14 - Industry AVG
Pay Structure
on an average salary of £28.9k, the company has an equivalent pay structure (£28.9k)
- Pier Estates Ltd
£28.9k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£79.4k)
- Pier Estates Ltd
£79.4k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (32 days)
- Pier Estates Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (42 days)
- Pier Estates Ltd
42 days - Industry AVG
Stock Days
it holds stock equivalent to 1380 days, this is more than average (39 days)
- Pier Estates Ltd
39 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (53 weeks)
6 weeks - Pier Estates Ltd
53 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.2%, this is a higher level of debt than the average (44.7%)
97.2% - Pier Estates Ltd
44.7% - Industry AVG
PIER ESTATES LTD financials
Pier Estates Ltd's latest turnover from November 2022 is estimated at £1.1 million and the company has net assets of £75.4 thousand. According to their latest financial statements, Pier Estates Ltd has 1 employee and maintains cash reserves of £227.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 2,411,340 | 2,411,340 | 2,411,340 | 2,385,151 | 2,139,639 | 740,638 | 1,194,789 | 130,166 | 0 | 0 |
| Trade Debtors | 15,327 | 10,345 | 7,779 | 1,602 | 2,629 | 1,050 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 4,996 | 6,244 | 4,320 | 14,783 | 164,038 | 0 | 0 | 0 | 0 | 0 |
| Cash | 227,057 | 145,704 | 18,308 | 7,133 | 32,418 | 22,678 | 8,941 | 6,255 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,658,720 | 2,573,633 | 2,441,747 | 2,408,669 | 2,338,724 | 764,366 | 1,203,730 | 136,421 | 0 | 0 |
| total assets | 2,658,720 | 2,573,633 | 2,441,747 | 2,408,669 | 2,338,724 | 764,366 | 1,203,730 | 136,421 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 9,870 | 9,845 | 4,048 | 0 | 1,476 | 5,171 | 1,956 | 6,022 | 1,478 | 1,184 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,763,469 | 1,748,954 | 1,721,341 | 1,701,360 | 1,633,486 | 882,703 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,773,339 | 1,758,799 | 1,725,389 | 1,701,360 | 1,634,962 | 887,874 | 1,956 | 6,022 | 1,478 | 1,184 |
| loans | 810,000 | 810,000 | 810,000 | 810,000 | 815,772 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 1,338,493 | 261,836 | 125,405 | 125,405 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 810,000 | 810,000 | 810,000 | 810,000 | 815,772 | 0 | 1,338,493 | 261,836 | 125,405 | 125,405 |
| total liabilities | 2,583,339 | 2,568,799 | 2,535,389 | 2,511,360 | 2,450,734 | 887,874 | 1,340,449 | 267,858 | 126,883 | 126,589 |
| net assets | 75,381 | 4,834 | -93,642 | -102,691 | -112,010 | -123,508 | -136,719 | -131,437 | -126,883 | -126,589 |
| total shareholders funds | 75,381 | 4,834 | -93,642 | -102,691 | -112,010 | -123,508 | -136,719 | -131,437 | -126,883 | -126,589 |
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 0 | 0 | 26,189 | 245,512 | 1,399,001 | -454,151 | 1,064,623 | 130,166 | 0 | 0 |
| Debtors | 3,734 | 4,490 | -4,286 | -150,282 | 165,617 | 1,050 | 0 | 0 | 0 | 0 |
| Creditors | 25 | 5,797 | 4,048 | -1,476 | -3,695 | 3,215 | -4,066 | 4,544 | 294 | 1,184 |
| Accruals and Deferred Income | 14,515 | 27,613 | 19,981 | 67,874 | 750,783 | 882,703 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -5,772 | 815,772 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -1,338,493 | 1,076,657 | 136,431 | 0 | 125,405 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 81,353 | 127,396 | 11,175 | -25,285 | 9,740 | 13,737 | 2,686 | 6,255 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 81,353 | 127,396 | 11,175 | -25,285 | 9,740 | 13,737 | 2,686 | 6,255 | 0 | 0 |
pier estates ltd Credit Report and Business Information
Pier Estates Ltd Competitor Analysis
Perform a competitor analysis for pier estates ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
pier estates ltd Ownership
PIER ESTATES LTD group structure
Pier Estates Ltd has no subsidiary companies.
Ultimate parent company
PIER ESTATES LTD
08309459
pier estates ltd directors
Pier Estates Ltd currently has 1 director, Mr Thomas Leeman serving since Dec 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Leeman | United Kingdom | 66 years | Dec 2012 | - | Director |
P&L
November 2022turnover
1.1m
+5%
operating profit
154.4k
0%
gross margin
40%
+0.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
75.4k
+14.59%
total assets
2.7m
+0.03%
cash
227.1k
+0.56%
net assets
Total assets minus all liabilities
pier estates ltd company details
company number
08309459
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
November 2012
age
12
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
6th floor 2 london wall place, london, EC2Y 5AU
last accounts submitted
November 2022
pier estates 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 pier estates ltd.
pier estates ltd Companies House Filings - See Documents
| date | description | view/download |
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