petroplan holdings ltd
petroplan holdings ltd Company Information
Company Number
08594276
Website
www.petroplan.comRegistered Address
2 grange court, wolverton mill, milton keynes, MK12 5NE
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Telephone
02037258840
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
john reeder 42.6%
graham pyle 20.9%
View Allpetroplan holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of PETROPLAN HOLDINGS LTD at £21m based on a Turnover of £79m and 0.27x industry multiple (adjusted for size and gross margin).
petroplan holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of PETROPLAN HOLDINGS LTD at £0 based on an EBITDA of £-1.4m and a 4.46x industry multiple (adjusted for size and gross margin).
petroplan holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of PETROPLAN HOLDINGS LTD at £1.1m based on Net Assets of £2.1m and 0.52x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Petroplan Holdings Ltd Overview
Petroplan Holdings Ltd is a live company located in milton keynes, MK12 5NE with a Companies House number of 08594276. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in July 2013, it's largest shareholder is john reeder with a 42.6% stake. Petroplan Holdings Ltd is a established, large sized company, Pomanda has estimated its turnover at £79m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Petroplan Holdings Ltd Health Check
Pomanda's financial health check has awarded Petroplan Holdings Ltd a 3 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
1 Regular
6 Weak
Size
annual sales of £79m, make it larger than the average company (£7.9m)
£79m - Petroplan Holdings Ltd
£7.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (3.3%)
-2% - Petroplan Holdings Ltd
3.3% - Industry AVG
Production
with a gross margin of 9.6%, this company has a higher cost of product (26.8%)
9.6% - Petroplan Holdings Ltd
26.8% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (4.9%)
-1.8% - Petroplan Holdings Ltd
4.9% - Industry AVG
Employees
with 84 employees, this is above the industry average (35)
84 - Petroplan Holdings Ltd
35 - Industry AVG
Pay Structure
on an average salary of £67.5k, the company has a higher pay structure (£52.8k)
£67.5k - Petroplan Holdings Ltd
£52.8k - Industry AVG
Efficiency
resulting in sales per employee of £940.4k, this is more efficient (£201k)
£940.4k - Petroplan Holdings Ltd
£201k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is near the average (50 days)
49 days - Petroplan Holdings Ltd
50 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is slower than average (10 days)
17 days - Petroplan Holdings Ltd
10 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Petroplan Holdings Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (12 weeks)
4 weeks - Petroplan Holdings Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.9%, this is a higher level of debt than the average (68.3%)
83.9% - Petroplan Holdings Ltd
68.3% - Industry AVG
PETROPLAN HOLDINGS LTD financials
Petroplan Holdings Ltd's latest turnover from December 2022 is £79 million and the company has net assets of £2.1 million. According to their latest financial statements, Petroplan Holdings Ltd has 84 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 78,997,399 | 63,319,538 | 65,390,542 | 83,081,541 | 74,921,127 | 68,030,842 | 69,095,617 | 94,365,327 | 122,179,890 | 143,957,427 | 134,070,295 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 71,442,539 | 57,026,122 | 58,489,894 | 73,151,927 | 64,151,036 | 50,951,740 | 59,385,700 | 78,031,718 | 110,585,686 | 130,534,433 | 122,915,659 |
| Gross Profit | 7,554,860 | 6,293,416 | 6,900,648 | 9,929,614 | 10,770,091 | 17,079,102 | 9,709,917 | 16,333,609 | 11,594,204 | 13,422,994 | 11,154,636 |
| Admin Expenses | 8,994,804 | 4,869,526 | 7,126,662 | 7,738,741 | 8,303,361 | 14,924,145 | 7,422,109 | 9,717,541 | 8,154,283 | 7,949,326 | 6,387,851 |
| Operating Profit | -1,439,944 | 1,423,890 | -226,014 | 2,190,873 | 2,466,730 | 2,154,957 | 2,287,808 | 6,616,068 | 3,439,921 | 5,473,668 | 4,766,785 |
| Interest Payable | 317,436 | 142,753 | 409,388 | 284,562 | 230,987 | 73,631 | 119,560 | 175,183 | 239,526 | 344,884 | 755,324 |
| Interest Receivable | 2,384 | 24 | 1,217 | 4,042 | 4,396 | 31,849 | 22,956 | 2,475 | 11,053 | 0 | 0 |
| Pre-Tax Profit | -1,754,996 | 1,280,161 | -634,185 | 1,910,353 | 2,240,139 | 2,113,175 | 2,191,204 | 6,443,360 | 3,211,448 | 5,128,784 | 2,926,488 |
| Tax | -371,683 | -311,451 | -857,813 | -1,916,085 | -983,167 | -1,702,352 | -1,703,290 | -2,318,879 | -1,850,263 | -3,435,932 | -3,254,004 |
| Profit After Tax | -2,126,679 | 968,710 | -1,491,998 | -5,732 | 1,256,972 | 410,823 | 487,914 | 4,124,481 | 1,361,185 | 1,692,852 | -327,516 |
| Dividends Paid | 225,000 | 175,007 | 200,015 | 390,726 | 376,772 | 615,432 | 265,000 | 333,900 | 0 | 0 | 0 |
| Retained Profit | -2,493,172 | 671,374 | -1,811,876 | -504,743 | 857,386 | -217,295 | 223,382 | 3,790,581 | 1,361,185 | 1,692,852 | -327,516 |
| Employee Costs | 5,671,170 | 4,035,041 | 4,134,982 | 5,351,784 | 5,325,191 | 5,579,132 | 5,599,978 | 6,033,419 | 5,313,915 | 5,108,586 | 3,947,004 |
| Number Of Employees | 84 | 67 | 75 | 81 | 86 | 92 | 95 | 112 | 105 | 99 | 83 |
| EBITDA* | -1,385,246 | 1,467,048 | -131,454 | 2,354,036 | 2,615,963 | 2,319,751 | 2,468,997 | 6,952,547 | 3,719,648 | 5,603,551 | 4,859,225 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 111,172 | 49,432 | 73,900 | 143,450 | 205,640 | 218,283 | 194,914 | 327,892 | 557,809 | 372,895 | 227,891 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 77,970 | 79,950 | 79,950 | 79,950 | 0 | 0 | 468 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 189,142 | 129,382 | 153,850 | 223,400 | 205,640 | 218,283 | 195,382 | 327,892 | 557,809 | 372,895 | 227,891 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 10,662,364 | 7,141,887 | 4,400,657 | 10,669,132 | 10,315,927 | 8,351,260 | 5,617,470 | 8,754,907 | 14,239,962 | 15,661,175 | 21,048,762 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 5,287,358 | 5,161,171 | 3,901,656 | 5,382,210 | 4,716,451 | 5,883,562 | 4,931,114 | 5,487,108 | 6,090,934 | 9,012,242 | 3,363,311 |
| Cash | 1,223,780 | 2,551,768 | 6,085,599 | 2,667,967 | 4,315,061 | 5,636,085 | 15,310,204 | 13,441,570 | 9,897,825 | 1,942,741 | 3,054,153 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 17,173,502 | 14,854,826 | 14,387,912 | 18,719,309 | 19,347,439 | 19,870,907 | 25,858,788 | 27,683,585 | 30,228,721 | 26,616,158 | 27,466,226 |
| total assets | 17,362,644 | 14,984,208 | 14,541,762 | 18,942,709 | 19,553,079 | 20,089,190 | 26,054,170 | 28,011,477 | 30,786,530 | 26,989,053 | 27,694,117 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 2,234,247 | 216,533 | 341,451 | 90,249 | 47,931 | 2,700,423 |
| Bank loan | 4,733,504 | 2,092,869 | 1,282,145 | 753,720 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,458,885 | 3,208,626 | 2,350,744 | 3,508,357 | 2,649,339 | 4,314,731 | 3,073,138 | 2,833,250 | 4,947,367 | 5,990,299 | 7,388,229 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16,297 | 47,497 |
| other short term finances | 1,658,600 | 1,295,000 | 3,107,281 | 4,022,393 | 4,206,971 | 159,638 | 31,623 | 10,524 | 294,682 | 465,310 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,896 | 31,390 | 31,390 |
| other current liabilities | 4,714,908 | 3,937,524 | 3,878,578 | 4,979,897 | 6,124,738 | 7,704,394 | 16,616,777 | 18,178,063 | 22,824,929 | 17,819,762 | 16,000,841 |
| total current liabilities | 14,565,897 | 10,534,019 | 10,618,748 | 13,264,367 | 12,981,048 | 14,413,010 | 19,938,071 | 21,363,288 | 28,162,123 | 24,370,989 | 26,168,380 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 200,000 | 700,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,896 | 37,941 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37,770 | 45,301 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37,770 | 45,301 | 204,896 | 737,941 |
| total liabilities | 14,565,897 | 10,534,019 | 10,618,748 | 13,264,367 | 12,981,048 | 14,413,010 | 19,938,071 | 21,401,058 | 28,207,424 | 24,575,885 | 26,906,321 |
| net assets | 2,133,288 | 3,928,223 | 3,523,377 | 5,398,568 | 6,536,999 | 5,663,962 | 6,116,099 | 6,610,419 | 2,579,106 | 2,413,168 | 787,796 |
| total shareholders funds | 2,133,288 | 3,928,223 | 3,523,377 | 5,398,568 | 6,536,999 | 5,663,962 | 6,116,099 | 6,610,419 | 2,579,106 | 2,413,168 | 787,796 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | -1,439,944 | 1,423,890 | -226,014 | 2,190,873 | 2,466,730 | 2,154,957 | 2,287,808 | 6,616,068 | 3,439,921 | 5,473,668 | 4,766,785 |
| Depreciation | 54,698 | 43,158 | 94,560 | 113,163 | 99,233 | 164,794 | 181,189 | 286,479 | 279,727 | 129,883 | 92,440 |
| Amortisation | 0 | 0 | 0 | 50,000 | 50,000 | 0 | 0 | 50,000 | 0 | 0 | 0 |
| Tax | -371,683 | -311,451 | -857,813 | -1,916,085 | -983,167 | -1,702,352 | -1,703,290 | -2,318,879 | -1,850,263 | -3,435,932 | -3,254,004 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 3,646,664 | 4,000,745 | -7,749,029 | 1,018,964 | 797,556 | 3,686,238 | -3,693,431 | -6,088,881 | -4,342,521 | 261,344 | 24,412,073 |
| Creditors | 250,259 | 857,882 | -1,157,613 | 859,018 | -1,665,392 | 1,241,593 | 239,888 | -2,114,117 | -1,042,932 | -1,397,930 | 7,388,229 |
| Accruals and Deferred Income | 777,384 | 58,946 | -1,101,319 | -1,144,841 | -1,579,656 | -8,912,383 | -1,561,286 | -4,646,866 | 5,005,167 | 1,818,921 | 16,000,841 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -37,770 | -7,531 | 45,301 | 0 | 0 |
| Cash flow from operations | -4,375,950 | -1,928,320 | 4,500,830 | -866,836 | -2,409,808 | -10,739,629 | 3,099,970 | 3,954,035 | 10,219,442 | 2,327,266 | 582,218 |
| Investing Activities | |||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -87,270 | -215,610 | -41,379 | -63,852 | -464,641 | -274,887 | -145,847 |
| Change in Investments | -1,980 | 0 | 0 | 79,950 | 0 | -468 | 468 | 0 | 0 | 0 | 0 |
| cash flow from investments | 1,980 | 0 | 0 | -79,950 | -87,270 | -215,142 | -41,847 | -63,852 | -464,641 | -274,887 | -145,847 |
| Financing Activities | |||||||||||
| Bank loans | 2,640,635 | 810,724 | 528,425 | 753,720 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -16,297 | -31,200 | 47,497 |
| Other Short Term Loans | 363,600 | -1,812,281 | -915,112 | -184,578 | 4,047,333 | 128,015 | 21,099 | -284,158 | -170,628 | 465,310 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -200,000 | -500,000 | 700,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,896 | -31,390 | -33,045 | 69,331 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | -315,052 | -142,729 | -408,171 | -280,520 | -226,591 | -41,782 | -96,604 | -172,708 | -228,473 | -344,884 | -755,324 |
| cash flow from financing | 3,387,420 | -1,410,814 | -858,173 | -345,066 | 3,836,393 | -148,609 | -793,207 | -221,030 | -1,842,035 | -511,299 | 1,176,816 |
| cash and cash equivalents | |||||||||||
| cash | -1,327,988 | -3,533,831 | 3,417,632 | -1,647,094 | -1,321,024 | -9,674,119 | 1,868,634 | 3,543,745 | 7,955,084 | -1,111,412 | 3,054,153 |
| overdraft | 0 | 0 | 0 | 0 | -2,234,247 | 2,017,714 | -124,918 | 251,202 | 42,318 | -2,652,492 | 2,700,423 |
| change in cash | -1,327,988 | -3,533,831 | 3,417,632 | -1,647,094 | 913,223 | -11,691,833 | 1,993,552 | 3,292,543 | 7,912,766 | 1,541,080 | 353,730 |
petroplan holdings ltd Credit Report and Business Information
Petroplan Holdings Ltd Competitor Analysis
Perform a competitor analysis for petroplan holdings ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in MK12 area or any other competitors across 12 key performance metrics.
petroplan holdings ltd Ownership
PETROPLAN HOLDINGS LTD group structure
Petroplan Holdings Ltd has 11 subsidiary companies.
Ultimate parent company
PETROPLAN HOLDINGS LTD
08594276
11 subsidiaries
petroplan holdings ltd directors
Petroplan Holdings Ltd currently has 3 directors. The longest serving directors include Mr Andrew Midgley (Jul 2024) and Mr Keiron Gallimore (Jul 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Midgley | England | 52 years | Jul 2024 | - | Director |
| Mr Keiron Gallimore | England | 52 years | Jul 2024 | - | Director |
| Mr Jonathan Bettell | United Kingdom | 56 years | Jul 2024 | - | Director |
P&L
December 2022turnover
79m
+25%
operating profit
-1.4m
-201%
gross margin
9.6%
-3.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.1m
-0.46%
total assets
17.4m
+0.16%
cash
1.2m
-0.52%
net assets
Total assets minus all liabilities
Similar Companies
petroplan holdings ltd company details
company number
08594276
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
July 2013
age
11
incorporated
UK
accounts
Group
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
2 grange court, wolverton mill, milton keynes, MK12 5NE
accountant
-
auditor
CROWE UK LLP
petroplan holdings 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 petroplan holdings ltd.
petroplan holdings ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
