Pomanda estimates the enterprise value of ESSEX PREMIER PLUMBING LIMITED at £1.4m based on a Turnover of £2.9m and 0.48x industry multiple (adjusted for size and gross margin).
essex premier plumbing limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of ESSEX PREMIER PLUMBING LIMITED at £0 based on an EBITDA of £-55.6k and a 4.05x industry multiple (adjusted for size and gross margin).
essex premier plumbing limitedEstimated Valuation
£663.1k
Pomanda estimates the enterprise value of ESSEX PREMIER PLUMBING LIMITED at £663.1k based on Net Assets of £240k and 2.76x industry multiple (adjusted for liquidity).
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Essex Premier Plumbing LimitedOverview
Essex Premier Plumbing Limited is a live company located in clacton-on-sea, CO16 0AD with a Companies House number of 09509363. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in March 2015, it's largest shareholder is
gareth william parsons
with a 100% stake. Essex Premier Plumbing Limited is a established,
small sized company, Pomanda has estimated its turnover at
£2.9m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Essex Premier Plumbing 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 Rating4out of 5
5 Strong
3 Regular
4 Weak
Size
annual sales of £2.9m, make it larger than the average company (£383.9k)
£2.9m - Essex Premier Plumbing Limited
£383.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (11.6%)
41% - Essex Premier Plumbing Limited
11.6% - Industry AVG
Production
with a gross margin of 29.5%, this company has a comparable cost of product (29.5%)
29.5% - Essex Premier Plumbing Limited
29.5% - Industry AVG
Profitability
an operating margin of -2.4% make it less profitable than the average company (5.6%)
-2.4% - Essex Premier Plumbing Limited
5.6% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
5 - Essex Premier Plumbing Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.8k, the company has an equivalent pay structure (£32.8k)
£32.8k - Essex Premier Plumbing Limited
£32.8k - Industry AVG
Efficiency
resulting in sales per employee of £587.1k, this is more efficient (£115k)
£587.1k - Essex Premier Plumbing Limited
£115k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is near the average (52 days)
62 days - Essex Premier Plumbing Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 80 days, this is slower than average (46 days)
80 days - Essex Premier Plumbing Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 60 days, this is more than average (12 days)
60 days - Essex Premier Plumbing Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 8 weeks, this is less cash available to meet short term requirements (20 weeks)
8 weeks - Essex Premier Plumbing Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.3%, this is a higher level of debt than the average (63.4%)
76.3% - Essex Premier Plumbing Limited
63.4% - Industry AVG
ESSEX PREMIER PLUMBING LIMITED financials
EXPORT
Essex Premier Plumbing Limited's latest turnover from March 2024 is estimated at £2.9 million and the company has net assets of £240 thousand. According to their latest financial statements, Essex Premier Plumbing Limited has 5 employees and maintains cash reserves of £116.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Turnover
2,935,436
3,710,413
3,205,487
1,053,452
1,261,501
538,529
143,317
174,153
45,405
Other Income Or Grants
Cost Of Sales
2,068,620
2,682,793
2,250,680
741,234
866,015
354,311
94,417
110,934
29,082
Gross Profit
866,816
1,027,620
954,807
312,218
395,486
184,218
48,901
63,218
16,323
Admin Expenses
936,332
1,044,808
873,187
377,788
301,675
67,356
-9,798
-48,452
-2,343
Operating Profit
-69,516
-17,188
81,620
-65,570
93,811
116,862
58,699
111,670
18,666
Interest Payable
3,050
3,795
2,564
2,264
1,243
Interest Receivable
6,083
7,210
1,094
155
169
935
607
143
61
Pre-Tax Profit
-66,483
-13,773
80,151
-67,679
92,737
117,798
59,306
111,814
18,728
Tax
-15,229
-17,620
-22,382
-11,268
-22,363
-3,745
Profit After Tax
-66,483
-13,773
64,922
-67,679
75,117
95,416
48,038
89,451
14,982
Dividends Paid
Retained Profit
-66,483
-13,773
64,922
-67,679
75,117
95,416
48,038
89,451
14,982
Employee Costs
164,197
100,780
101,725
65,129
69,812
69,348
67,680
66,943
35,484
Number Of Employees
5
3
3
2
2
2
2
2
1
EBITDA*
-55,596
204
94,008
-51,460
104,191
127,264
63,753
117,988
19,666
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Tangible Assets
55,680
69,600
49,559
61,946
41,520
41,606
20,218
25,272
4,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
55,680
69,600
49,559
61,946
41,520
41,606
20,218
25,272
4,000
Stock & work in progress
341,149
763,559
390,082
233,000
160,000
Trade Debtors
499,292
309,866
585
193,102
113,942
4,058
15,600
Group Debtors
Misc Debtors
257,976
212,224
193,896
35,756
61,750
8
Cash
116,286
115,445
223,859
67,881
242,016
96,798
152,664
90,165
24,575
misc current assets
8,407
6,874
total current assets
956,727
1,188,870
871,917
513,690
595,118
404,636
200,885
167,515
31,457
total assets
1,012,407
1,258,470
921,476
575,636
636,638
446,242
221,103
192,787
35,457
Bank overdraft
10,000
33,466
Bank loan
10,000
10,000
40,758
Trade Creditors
454,217
742,864
452,434
181,482
171,884
86,573
44,154
38,534
9,275
Group/Directors Accounts
10,449
other short term finances
hp & lease commitments
14,352
11,817
18,895
9,025
30,845
36,096
other current liabilities
261,543
134,771
73,633
13,675
70,147
68,307
4,440
29,128
751
total current liabilities
740,112
899,452
554,962
237,648
313,634
190,976
48,594
67,662
20,475
loans
12,677
21,551
32,500
hp & lease commitments
20,038
20,692
Accruals and Deferred Income
other liabilities
19,627
30,993
13,767
82,663
7,379
provisions
total long term liabilities
32,304
52,544
46,267
82,663
7,379
20,038
20,692
total liabilities
772,416
951,996
601,229
320,311
313,634
198,355
68,632
88,354
20,475
net assets
239,991
306,474
320,247
255,325
323,004
247,887
152,471
104,433
14,982
total shareholders funds
239,991
306,474
320,247
255,325
323,004
247,887
152,471
104,433
14,982
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Operating Activities
Operating Profit
-69,516
-17,188
81,620
-65,570
93,811
116,862
58,699
111,670
18,666
Depreciation
13,920
17,392
12,388
14,110
10,380
10,402
5,054
6,318
1,000
Amortisation
Tax
-15,229
-17,620
-22,382
-11,268
-22,363
-3,745
Stock
-422,410
373,477
157,082
73,000
160,000
Debtors
189,426
51,890
45,167
19,707
-114,736
268,024
-37,536
77,342
8
Creditors
-288,647
290,430
270,952
9,598
85,311
42,419
5,620
29,259
9,275
Accruals and Deferred Income
126,772
61,138
59,958
-56,472
1,840
63,867
-24,688
28,377
751
Deferred Taxes & Provisions
Cash flow from operations
15,513
-73,595
207,440
-191,041
128,458
-56,856
70,953
75,919
25,939
Investing Activities
capital expenditure
-37,433
-1
-34,536
-10,294
-31,790
-27,590
-5,000
Change in Investments
cash flow from investments
-37,433
-1
-34,536
-10,294
-31,790
-27,590
-5,000
Financing Activities
Bank loans
-10,000
10,000
-40,758
40,758
Group/Directors Accounts
-10,449
10,449
Other Short Term Loans
Long term loans
-8,874
-10,949
32,500
Hire Purchase and Lease Commitments
2,535
-7,078
9,870
-21,820
-5,251
16,058
-654
20,692
other long term liabilities
-11,366
17,226
-68,896
82,663
-7,379
7,379
share issue
interest
3,033
3,415
-1,470
-2,109
-1,074
935
607
143
61
cash flow from financing
-24,672
2,614
-17,996
17,976
27,054
24,372
-47
10,386
10,510
cash and cash equivalents
cash
841
-108,414
155,978
-174,135
145,218
-55,866
62,499
65,590
24,575
overdraft
10,000
-33,466
33,466
change in cash
-9,159
-108,414
189,444
-207,601
145,218
-55,866
62,499
65,590
24,575
essex premier plumbing limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for essex premier plumbing limited. Get real-time insights into essex premier plumbing limited's credit score, group structure and payment trends.
Essex Premier Plumbing Limited Competitor Analysis
Perform a competitor analysis for essex premier plumbing limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in CO16 area or any other competitors across 12 key performance metrics.
essex premier plumbing limited Ownership
ESSEX PREMIER PLUMBING LIMITED group structure
Essex Premier Plumbing Limited has no subsidiary companies.
Ultimate parent company
ESSEX PREMIER PLUMBING LIMITED
09509363
ESSEX PREMIER PLUMBING LIMITED Shareholders
The sole shareholder of Essex Premier Plumbing Limited is Gareth William Parsons.
gareth william parsons
100%
essex premier plumbing limited directors
Essex Premier Plumbing Limited currently has 2 directors.
The longest serving directors include
Mr Justin Walker (Mar 2015) and
Mr Gareth Parsons (Mar 2015).
essex premier plumbing 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 essex premier plumbing limited.
essex premier plumbing 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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essex premier plumbing limitedCompanies House Filings - See Documents
