acorn plumbing and property limited

acorn plumbing and property limited Company Information

Share ACORN PLUMBING AND PROPERTY LIMITED
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EstablishedSmallHealthy

Company Number

08684019

Industry

Construction of domestic buildings

 

Shareholders

nicholas garment

jana gajdosova

Group Structure

View All

Contact

Registered Address

61 halstead road, gosfield, halstead, CO9 1PG

Website

-

acorn plumbing and property limited Estimated Valuation

£592.7k

Pomanda estimates the enterprise value of ACORN PLUMBING AND PROPERTY LIMITED at £592.7k based on a Turnover of £1.8m and 0.32x industry multiple (adjusted for size and gross margin).

acorn plumbing and property limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ACORN PLUMBING AND PROPERTY LIMITED at £0 based on an EBITDA of £-27.4k and a 2.57x industry multiple (adjusted for size and gross margin).

acorn plumbing and property limited Estimated Valuation

£504k

Pomanda estimates the enterprise value of ACORN PLUMBING AND PROPERTY LIMITED at £504k based on Net Assets of £373.3k and 1.35x industry multiple (adjusted for liquidity).

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Acorn Plumbing And Property Limited Overview

Acorn Plumbing And Property Limited is a live company located in halstead, CO9 1PG with a Companies House number of 08684019. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in September 2013, it's largest shareholder is nicholas garment with a 60% stake. Acorn Plumbing And Property Limited is a established, small sized company, Pomanda has estimated its turnover at £1.8m with healthy growth in recent years.

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Acorn Plumbing And Property Limited Health Check

Pomanda's financial health check has awarded Acorn Plumbing And Property Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £1.8m, make it larger than the average company (£467.4k)

£1.8m - Acorn Plumbing And Property Limited

£467.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (9.9%)

14% - Acorn Plumbing And Property Limited

9.9% - Industry AVG

production

Production

with a gross margin of 9.9%, this company has a higher cost of product (19.8%)

9.9% - Acorn Plumbing And Property Limited

19.8% - Industry AVG

profitability

Profitability

an operating margin of -1.5% make it less profitable than the average company (4.8%)

-1.5% - Acorn Plumbing And Property Limited

4.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (3)

2 - Acorn Plumbing And Property Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.1k, the company has an equivalent pay structure (£42.1k)

£42.1k - Acorn Plumbing And Property Limited

£42.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £915.5k, this is more efficient (£193.1k)

£915.5k - Acorn Plumbing And Property Limited

£193.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 121 days, this is later than average (25 days)

121 days - Acorn Plumbing And Property Limited

25 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 52 days, this is slower than average (29 days)

52 days - Acorn Plumbing And Property Limited

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Acorn Plumbing And Property Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Acorn Plumbing And Property Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 39%, this is a lower level of debt than the average (73%)

39% - Acorn Plumbing And Property Limited

73% - Industry AVG

ACORN PLUMBING AND PROPERTY LIMITED financials

EXPORTms excel logo

Acorn Plumbing And Property Limited's latest turnover from March 2024 is estimated at £1.8 million and the company has net assets of £373.3 thousand. According to their latest financial statements, Acorn Plumbing And Property Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Turnover1,831,0451,587,0871,338,9811,238,6401,544,9051,352,570903,964829,206634,925344,566760
Other Income Or Grants00000000000
Cost Of Sales1,649,7531,438,5351,213,9261,129,9151,397,3731,202,993799,566724,349559,801306,398676
Gross Profit181,292148,551125,055108,725147,532149,576104,398104,85775,12438,16884
Admin Expenses208,654126,228134,26298,306-954-40,10936,74075,87776,696-3,46384
Operating Profit-27,36222,323-9,20710,419148,486189,68567,65828,980-1,57241,6310
Interest Payable00000000000
Interest Receivable0000000072720
Pre-Tax Profit-27,36222,323-9,20710,419148,486189,68567,65828,980-1,50041,7030
Tax0-4,2410-1,980-28,212-36,040-12,855-5,7960-8,7580
Profit After Tax-27,36218,082-9,2078,439120,274153,64554,80323,184-1,50032,9450
Dividends Paid00000000000
Retained Profit-27,36218,082-9,2078,439120,274153,64554,80323,184-1,50032,9450
Employee Costs84,14386,17880,59174,43475,85583,61679,00074,99739,88638,67437,320
Number Of Employees22222222111
EBITDA*-27,36222,323-9,20710,419148,486189,68567,65828,980-1,57241,6310

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Tangible Assets3,0404,1335,0646,5021,13697200010
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets3,0404,1335,0646,5021,13697200010
Stock & work in progress00000000000
Trade Debtors609,150626,025558,018540,177579,701454,677232,543185,094134,83069,551100
Group Debtors00000000000
Misc Debtors20517015115313313500000
Cash00000000028,6870
misc current assets000000176135000
total current assets609,355626,195558,169540,330579,834454,812232,719185,229134,83098,238100
total assets612,395630,328563,233546,832580,970455,784232,719185,229134,83098,239100
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 239,092213,663160,650135,042177,619172,707103,287110,54483,32445,1940
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities00000000000
total current liabilities239,092213,663160,650135,042177,619172,707103,287110,54483,32445,1940
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income0000000566100
other liabilities016,00020,00020,00020,00020,00020,00020,00020,00020,0000
provisions00000000000
total long term liabilities016,00020,00020,00020,00020,00020,00020,05620,06120,0000
total liabilities239,092229,663180,650155,042197,619192,707123,287130,600103,38565,1940
net assets373,303400,665382,583391,790383,351263,077109,43254,62931,44533,045100
total shareholders funds373,303400,665382,583391,790383,351263,077109,43254,62931,44533,045100
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Operating Activities
Operating Profit-27,36222,323-9,20710,419148,486189,68567,65828,980-1,57241,6310
Depreciation00000000000
Amortisation00000000000
Tax0-4,2410-1,980-28,212-36,040-12,855-5,7960-8,7580
Stock00000000000
Debtors-16,84068,02617,839-39,504125,022222,26947,44950,26465,27969,451100
Creditors25,42953,01325,608-42,5774,91269,420-7,25727,22038,13045,1940
Accruals and Deferred Income000000-56-56100
Deferred Taxes & Provisions00000000000
Cash flow from operations14,9073,069-1,4385,36616479641135-28,6608,616-100
Investing Activities
capital expenditure1,0939311,438-5,366-164-972001-10
Change in Investments00000000000
cash flow from investments1,0939311,438-5,366-164-972001-10
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities-16,000-4,000000000020,0000
share issue00000000-1000100
interest0000000072720
cash flow from financing-16,000-4,000000000-2820,072100
cash and cash equivalents
cash00000000-28,68728,6870
overdraft00000000000
change in cash00000000-28,68728,6870

acorn plumbing and property 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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Acorn Plumbing And Property Limited Competitor Analysis

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Perform a competitor analysis for acorn plumbing and property limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in CO9 area or any other competitors across 12 key performance metrics.

acorn plumbing and property limited Ownership

ACORN PLUMBING AND PROPERTY LIMITED group structure

Acorn Plumbing And Property Limited has no subsidiary companies.

Ultimate parent company

ACORN PLUMBING AND PROPERTY LIMITED

08684019

ACORN PLUMBING AND PROPERTY LIMITED Shareholders

nicholas garment 60%
jana gajdosova 40%

acorn plumbing and property limited directors

Acorn Plumbing And Property Limited currently has 1 director, Mr Nicholas Garment serving since Sep 2013.

officercountryagestartendrole
Mr Nicholas GarmentEngland54 years Sep 2013- Director

P&L

March 2024

turnover

1.8m

+15%

operating profit

-27.4k

0%

gross margin

10%

+5.78%

turnover

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

Balance Sheet

March 2024

net assets

373.3k

-0.07%

total assets

612.4k

-0.03%

cash

0

0%

net assets

Total assets minus all liabilities

acorn plumbing and property limited company details

company number

08684019

Type

Private limited with Share Capital

industry

41202 - Construction of domestic buildings

incorporation date

September 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

61 halstead road, gosfield, halstead, CO9 1PG

Bank

-

Legal Advisor

-

acorn plumbing and property 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 acorn plumbing and property limited.

acorn plumbing and property 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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acorn plumbing and property limited Companies House Filings - See Documents

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