procurement works (nationwide) limited
procurement works (nationwide) limited Company Information
Company Number
09513785
Website
-Registered Address
the wheelhouse loudwater lane, rickmansworth, WD3 4AP
Industry
Agents involved in the sale of furniture, household goods, hardware and ironmongery
Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
caroline hudson 33.3%
alice hudson 33.3%
View Allprocurement works (nationwide) limited Estimated Valuation
Pomanda estimates the enterprise value of PROCUREMENT WORKS (NATIONWIDE) LIMITED at £48.8k based on a Turnover of £195.8k and 0.25x industry multiple (adjusted for size and gross margin).
procurement works (nationwide) limited Estimated Valuation
Pomanda estimates the enterprise value of PROCUREMENT WORKS (NATIONWIDE) LIMITED at £0 based on an EBITDA of £-30.3k and a 2.94x industry multiple (adjusted for size and gross margin).
procurement works (nationwide) limited Estimated Valuation
Pomanda estimates the enterprise value of PROCUREMENT WORKS (NATIONWIDE) LIMITED at £47k based on Net Assets of £23k and 2.04x industry multiple (adjusted for liquidity).
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Procurement Works (nationwide) Limited Overview
Procurement Works (nationwide) Limited is a live company located in rickmansworth, WD3 4AP with a Companies House number of 09513785. It operates in the agents involved in the sale of furniture, household goods, hardware and ironmongery sector, SIC Code 46150. Founded in March 2015, it's largest shareholder is caroline hudson with a 33.3% stake. Procurement Works (nationwide) Limited is a young, micro sized company, Pomanda has estimated its turnover at £195.8k with rapid growth in recent years.
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Procurement Works (nationwide) Limited Health Check
Pomanda's financial health check has awarded Procurement Works (Nationwide) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £195.8k, make it smaller than the average company (£6.7m)
- Procurement Works (nationwide) Limited
£6.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 494%, show it is growing at a faster rate (5.3%)
- Procurement Works (nationwide) Limited
5.3% - Industry AVG
Production
with a gross margin of 24.8%, this company has a higher cost of product (32.4%)
- Procurement Works (nationwide) Limited
32.4% - Industry AVG
Profitability
an operating margin of -15.5% make it less profitable than the average company (4.8%)
- Procurement Works (nationwide) Limited
4.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (25)
- Procurement Works (nationwide) Limited
25 - Industry AVG
Pay Structure
on an average salary of £45.6k, the company has an equivalent pay structure (£45.6k)
- Procurement Works (nationwide) Limited
£45.6k - Industry AVG
Efficiency
resulting in sales per employee of £195.8k, this is less efficient (£302k)
- Procurement Works (nationwide) Limited
£302k - Industry AVG
Debtor Days
it gets paid by customers after 100 days, this is later than average (40 days)
- Procurement Works (nationwide) Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 75 days, this is slower than average (46 days)
- Procurement Works (nationwide) Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Procurement Works (nationwide) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Procurement Works (nationwide) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.4%, this is a lower level of debt than the average (65.3%)
57.4% - Procurement Works (nationwide) Limited
65.3% - Industry AVG
PROCUREMENT WORKS (NATIONWIDE) LIMITED financials
Procurement Works (Nationwide) Limited's latest turnover from May 2023 is estimated at £195.8 thousand and the company has net assets of £23 thousand. According to their latest financial statements, we estimate that Procurement Works (Nationwide) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 54,038 | 53,993 | 81,718 | 0 | 52,954 | 20,406 | 59,131 | 63,801 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 50,169 | 44,484 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 336 | 0 | 0 | 0 | 0 |
| total current assets | 54,038 | 53,993 | 81,718 | 50,505 | 97,438 | 20,406 | 59,131 | 63,801 |
| total assets | 54,038 | 53,993 | 81,718 | 50,505 | 97,438 | 20,406 | 59,131 | 63,801 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 30,339 | 0 | 26,766 | 262 | 44,696 | 11,855 | 45,317 | 50,540 |
| Group/Directors Accounts | 0 | 0 | 0 | 25,209 | 18,956 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 10,850 | 18,622 | 0 | 0 | 0 |
| total current liabilities | 30,339 | 0 | 26,766 | 36,321 | 82,274 | 11,855 | 45,317 | 50,540 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 700 | 700 | 850 | 0 | 0 | 5,850 | 5,830 | 5,920 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 700 | 700 | 850 | 0 | 0 | 5,850 | 5,830 | 5,920 |
| total liabilities | 31,039 | 700 | 27,616 | 36,321 | 82,274 | 17,705 | 51,147 | 56,460 |
| net assets | 22,999 | 53,293 | 54,102 | 14,184 | 15,164 | 2,701 | 7,984 | 7,341 |
| total shareholders funds | 22,999 | 53,293 | 54,102 | 14,184 | 15,164 | 2,701 | 7,984 | 7,341 |
| May 2023 | May 2022 | May 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 45 | -27,725 | 81,718 | -52,954 | 32,548 | -38,725 | -4,670 | 63,801 |
| Creditors | 30,339 | -26,766 | 26,504 | -44,434 | 32,841 | -33,462 | -5,223 | 50,540 |
| Accruals and Deferred Income | 0 | -150 | -10,000 | -7,772 | 12,772 | 20 | -90 | 5,920 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -25,209 | 6,253 | 18,956 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | -50,169 | 5,685 | 44,484 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -50,169 | 5,685 | 44,484 | 0 | 0 | 0 |
procurement works (nationwide) limited Credit Report and Business Information
Procurement Works (nationwide) Limited Competitor Analysis
Perform a competitor analysis for procurement works (nationwide) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in WD3 area or any other competitors across 12 key performance metrics.
procurement works (nationwide) limited Ownership
PROCUREMENT WORKS (NATIONWIDE) LIMITED group structure
Procurement Works (Nationwide) Limited has no subsidiary companies.
Ultimate parent company
PROCUREMENT WORKS (NATIONWIDE) LIMITED
09513785
procurement works (nationwide) limited directors
Procurement Works (Nationwide) Limited currently has 2 directors. The longest serving directors include Mrs Caroline Hudson (Mar 2015) and Mr Andrew Hudson (Mar 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Caroline Hudson | United Kingdom | 53 years | Mar 2015 | - | Director |
| Mr Andrew Hudson | 52 years | Mar 2015 | - | Director |
P&L
May 2023turnover
195.8k
-26%
operating profit
-30.3k
0%
gross margin
24.8%
+2.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
23k
-0.57%
total assets
54k
0%
cash
0
0%
net assets
Total assets minus all liabilities
procurement works (nationwide) limited company details
company number
09513785
Type
Private limited with Share Capital
industry
46650 - Wholesale of office furniture
46150 - Agents involved in the sale of furniture, household goods, hardware and ironmongery
47599 - Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
incorporation date
March 2015
age
9
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
May 2023
address
the wheelhouse loudwater lane, rickmansworth, WD3 4AP
accountant
EVOLVE ACCOUNTING AND TAX SOLUTIONS LTD
auditor
-
procurement works (nationwide) 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 procurement works (nationwide) limited.
procurement works (nationwide) limited Companies House Filings - See Documents
| date | description | view/download |
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