pathway construction limited
pathway construction limited Company Information
Company Number
09530639
Next Accounts
9 days late
Shareholders
pathway developments ltd
Group Structure
View All
Industry
Development of building projects
Registered Address
milewood house hightown hill, ringwood, hampshire, BH24 3HE
Website
pathwaydc.compathway construction limited Estimated Valuation
Pomanda estimates the enterprise value of PATHWAY CONSTRUCTION LIMITED at £419.5k based on a Turnover of £835.8k and 0.5x industry multiple (adjusted for size and gross margin).
pathway construction limited Estimated Valuation
Pomanda estimates the enterprise value of PATHWAY CONSTRUCTION LIMITED at £355.9k based on an EBITDA of £92.3k and a 3.86x industry multiple (adjusted for size and gross margin).
pathway construction limited Estimated Valuation
Pomanda estimates the enterprise value of PATHWAY CONSTRUCTION LIMITED at £133.2k based on Net Assets of £89.2k and 1.49x industry multiple (adjusted for liquidity).
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Pathway Construction Limited Overview
Pathway Construction Limited is a live company located in hampshire, BH24 3HE with a Companies House number of 09530639. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2015, it's largest shareholder is pathway developments ltd with a 100% stake. Pathway Construction Limited is a established, small sized company, Pomanda has estimated its turnover at £835.8k with low growth in recent years.
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Pathway Construction Limited Health Check
Pomanda's financial health check has awarded Pathway Construction Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £835.8k, make it smaller than the average company (£2.1m)
- Pathway Construction Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (2.9%)
- Pathway Construction Limited
2.9% - Industry AVG
Production
with a gross margin of 26.6%, this company has a comparable cost of product (26.6%)
- Pathway Construction Limited
26.6% - Industry AVG
Profitability
an operating margin of 11% make it more profitable than the average company (7.5%)
- Pathway Construction Limited
7.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Pathway Construction Limited
6 - Industry AVG
Pay Structure
on an average salary of £46.9k, the company has an equivalent pay structure (£46.9k)
- Pathway Construction Limited
£46.9k - Industry AVG
Efficiency
resulting in sales per employee of £417.9k, this is more efficient (£276.5k)
- Pathway Construction Limited
£276.5k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (29 days)
- Pathway Construction Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (30 days)
- Pathway Construction Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 1169 days, this is more than average (152 days)
- Pathway Construction Limited
152 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Pathway Construction Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.5%, this is a higher level of debt than the average (72.4%)
95.5% - Pathway Construction Limited
72.4% - Industry AVG
PATHWAY CONSTRUCTION LIMITED financials
Pathway Construction Limited's latest turnover from May 2023 is estimated at £835.8 thousand and the company has net assets of £89.2 thousand. According to their latest financial statements, Pathway Construction Limited has 2 employees and maintains cash reserves of £6.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 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 | 2 | 2 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | ||||||||
| Stock & work in progress | 1,966,712 | 1,206,971 | 1,074,605 | 2,088,554 | 959,090 | 387,946 | 2,700,576 | 446,113 |
| Trade Debtors | 150 | 3,440 | 181,001 | 45,019 | 20,371 | |||
| Group Debtors | 1,279,240 | 1,280,320 | 29,634 | |||||
| Misc Debtors | 10,610 | 27,829 | 43,009 | 1,000 | ||||
| Cash | 6,378 | 43,155 | 9,840 | 41,313 | 9,976 | 63,640 | 150,320 | 2,820 |
| misc current assets | ||||||||
| total current assets | 1,983,850 | 2,557,195 | 2,407,774 | 2,160,501 | 972,506 | 632,587 | 2,895,915 | 469,304 |
| total assets | 1,983,850 | 2,557,195 | 2,407,774 | 2,160,501 | 972,506 | 632,587 | 2,895,915 | 469,304 |
| Bank overdraft | ||||||||
| Bank loan | 9,824 | 10,648 | 50,000 | |||||
| Trade Creditors | 105,795 | 8,840 | 96,962 | 4,892 | 791,364 | 371,210 | 2,684,201 | 373,263 |
| Group/Directors Accounts | 267,973 | 1,997,545 | 2,274,473 | 1,926,829 | ||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 1,488,926 | 487,282 | 7,717 | 269,792 | ||||
| total current liabilities | 1,872,518 | 2,504,315 | 2,429,152 | 2,201,513 | 791,364 | 371,210 | 2,684,201 | 373,263 |
| loans | 22,151 | 30,860 | ||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 216,942 | 287,300 | 287,300 | 99,500 | ||||
| provisions | ||||||||
| total long term liabilities | 22,151 | 30,860 | 216,942 | 287,300 | 287,300 | 99,500 | ||
| total liabilities | 1,894,669 | 2,535,175 | 2,429,152 | 2,201,513 | 1,008,306 | 658,510 | 2,971,501 | 472,763 |
| net assets | 89,181 | 22,020 | -21,378 | -41,012 | -35,800 | -25,923 | -75,586 | -3,459 |
| total shareholders funds | 89,181 | 22,020 | -21,378 | -41,012 | -35,800 | -25,923 | -75,586 | -3,459 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | 759,741 | 132,366 | -1,013,949 | 1,129,464 | 571,144 | -2,312,630 | 2,254,463 | 446,113 |
| Debtors | -1,296,309 | -16,260 | 1,292,695 | 27,194 | -177,561 | 135,982 | 24,648 | 20,371 |
| Creditors | 96,955 | -88,122 | 92,070 | -786,472 | 420,154 | -2,312,991 | 2,310,938 | 373,263 |
| Accruals and Deferred Income | 1,001,644 | 479,565 | -262,075 | 269,792 | ||||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | -824 | -39,352 | 50,000 | |||||
| Group/Directors Accounts | -1,729,572 | -276,928 | 347,644 | 1,926,829 | ||||
| Other Short Term Loans | ||||||||
| Long term loans | -8,709 | 30,860 | ||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -216,942 | -70,358 | 187,800 | 99,500 | ||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -36,777 | 33,315 | -31,473 | 31,337 | -53,664 | -86,680 | 147,500 | 2,820 |
| overdraft | ||||||||
| change in cash | -36,777 | 33,315 | -31,473 | 31,337 | -53,664 | -86,680 | 147,500 | 2,820 |
pathway construction limited Credit Report and Business Information
Pathway Construction Limited Competitor Analysis
Perform a competitor analysis for pathway construction limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BH24 area or any other competitors across 12 key performance metrics.
pathway construction limited Ownership
PATHWAY CONSTRUCTION LIMITED group structure
Pathway Construction Limited has no subsidiary companies.
Ultimate parent company
1 parent
PATHWAY CONSTRUCTION LIMITED
09530639
pathway construction limited directors
Pathway Construction Limited currently has 2 directors. The longest serving directors include Mr Simon Philpot (Apr 2015) and Mr Mark Ruckwood (Apr 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Philpot | United Kingdom | 59 years | Apr 2015 | - | Director |
| Mr Mark Ruckwood | United Kingdom | 58 years | Apr 2015 | - | Director |
P&L
May 2023turnover
835.8k
+51%
operating profit
92.3k
0%
gross margin
26.6%
+4.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
89.2k
+3.05%
total assets
2m
-0.22%
cash
6.4k
-0.85%
net assets
Total assets minus all liabilities
pathway construction limited company details
company number
09530639
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
April 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
MENZIES LLP
auditor
-
address
milewood house hightown hill, ringwood, hampshire, BH24 3HE
Bank
-
Legal Advisor
-
pathway construction 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 pathway construction limited.
pathway construction 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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pathway construction limited Companies House Filings - See Documents
| date | description | view/download |
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