firth process & mechanical ltd
firth process & mechanical ltd Company Information
Company Number
09546312
Next Accounts
Dec 2025
Directors
Shareholders
gregory alexander firth
Group Structure
View All
Industry
Plumbing, heat and air-conditioning installation
Registered Address
10 church street, paddock, huddersfield, west yorkshire, HD1 4TR
Website
-firth process & mechanical ltd Estimated Valuation
Pomanda estimates the enterprise value of FIRTH PROCESS & MECHANICAL LTD at £272.6k based on a Turnover of £548.4k and 0.5x industry multiple (adjusted for size and gross margin).
firth process & mechanical ltd Estimated Valuation
Pomanda estimates the enterprise value of FIRTH PROCESS & MECHANICAL LTD at £836.8k based on an EBITDA of £198.9k and a 4.21x industry multiple (adjusted for size and gross margin).
firth process & mechanical ltd Estimated Valuation
Pomanda estimates the enterprise value of FIRTH PROCESS & MECHANICAL LTD at £766.3k based on Net Assets of £271.2k and 2.83x industry multiple (adjusted for liquidity).
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Firth Process & Mechanical Ltd Overview
Firth Process & Mechanical Ltd is a live company located in huddersfield, HD1 4TR with a Companies House number of 09546312. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in April 2015, it's largest shareholder is gregory alexander firth with a 100% stake. Firth Process & Mechanical Ltd is a established, small sized company, Pomanda has estimated its turnover at £548.4k with rapid growth in recent years.
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Firth Process & Mechanical Ltd Health Check
Pomanda's financial health check has awarded Firth Process & Mechanical Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs
8 Strong
3 Regular
1 Weak
Size
annual sales of £548.4k, make it larger than the average company (£386k)
- Firth Process & Mechanical Ltd
£386k - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (11.5%)
- Firth Process & Mechanical Ltd
11.5% - Industry AVG
Production
with a gross margin of 29.1%, this company has a comparable cost of product (29.1%)
- Firth Process & Mechanical Ltd
29.1% - Industry AVG
Profitability
an operating margin of 34.1% make it more profitable than the average company (5.7%)
- Firth Process & Mechanical Ltd
5.7% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Firth Process & Mechanical Ltd
4 - Industry AVG
Pay Structure
on an average salary of £32.8k, the company has an equivalent pay structure (£32.8k)
- Firth Process & Mechanical Ltd
£32.8k - Industry AVG
Efficiency
resulting in sales per employee of £137.1k, this is more efficient (£115.5k)
- Firth Process & Mechanical Ltd
£115.5k - Industry AVG
Debtor Days
it gets paid by customers after 83 days, this is later than average (52 days)
- Firth Process & Mechanical Ltd
52 days - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is slower than average (46 days)
- Firth Process & Mechanical Ltd
46 days - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is less than average (12 days)
- Firth Process & Mechanical Ltd
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 77 weeks, this is more cash available to meet short term requirements (20 weeks)
77 weeks - Firth Process & Mechanical Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.5%, this is a lower level of debt than the average (63.4%)
44.5% - Firth Process & Mechanical Ltd
63.4% - Industry AVG
FIRTH PROCESS & MECHANICAL LTD financials
Firth Process & Mechanical Ltd's latest turnover from March 2024 is estimated at £548.4 thousand and the company has net assets of £271.2 thousand. According to their latest financial statements, Firth Process & Mechanical Ltd has 4 employees and maintains cash reserves of £306.7 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 | |||||||||
| 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 | 4 | 3 | 2 | 1 | 1 | 1 | 1 | ||
| EBITDA* |
* 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 | 40,087 | 30,832 | 34,474 | 11,044 | 16,434 | 13,325 | 20,407 | 9,198 | 11,975 |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 40,087 | 30,832 | 34,474 | 11,044 | 16,434 | 13,325 | 20,407 | 9,198 | 11,975 |
| Stock & work in progress | 8,200 | 9,562 | |||||||
| Trade Debtors | 126,060 | 76,814 | 134,843 | 54,461 | 23,062 | 40,234 | 20,102 | 17,715 | 4,083 |
| Group Debtors | |||||||||
| Misc Debtors | 7,158 | 6,620 | 2,624 | 1,892 | 1,022 | ||||
| Cash | 306,699 | 158,162 | 6,277 | ||||||
| misc current assets | 1,082 | 1,206 | 96 | ||||||
| total current assets | 448,117 | 251,158 | 137,467 | 56,353 | 24,084 | 41,316 | 21,308 | 17,811 | 10,360 |
| total assets | 488,204 | 281,990 | 171,941 | 67,397 | 40,518 | 54,641 | 41,715 | 27,009 | 22,335 |
| Bank overdraft | 3,400 | 3,415 | |||||||
| Bank loan | |||||||||
| Trade Creditors | 56,211 | 18,484 | 110,453 | 31,710 | 22,949 | 32,476 | 31,671 | 15,878 | 20,852 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 147,298 | 127,898 | |||||||
| total current liabilities | 206,909 | 149,797 | 110,453 | 31,710 | 22,949 | 32,476 | 31,671 | 15,878 | 20,852 |
| loans | 5,950 | 9,346 | |||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | 2,380 | 1,447 | 1,378 | 1,444 | 1,260 | 1,380 | |||
| other liabilities | 12,754 | 17,000 | |||||||
| provisions | 4,191 | ||||||||
| total long term liabilities | 10,141 | 9,346 | 15,134 | 18,447 | 1,378 | 1,444 | 1,260 | 1,380 | |
| total liabilities | 217,050 | 159,143 | 125,587 | 50,157 | 24,327 | 33,920 | 32,931 | 17,258 | 20,852 |
| net assets | 271,154 | 122,847 | 46,354 | 17,240 | 16,191 | 20,721 | 8,784 | 9,751 | 1,483 |
| total shareholders funds | 271,154 | 122,847 | 46,354 | 17,240 | 16,191 | 20,721 | 8,784 | 9,751 | 1,483 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 12,148 | 3,386 | |||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | -1,362 | 9,562 | |||||||
| Debtors | 49,784 | -54,033 | 81,114 | 32,269 | -16,150 | 20,132 | 2,387 | 13,632 | 4,083 |
| Creditors | 37,727 | -91,969 | 78,743 | 8,761 | -9,527 | 805 | 15,793 | -4,974 | 20,852 |
| Accruals and Deferred Income | 19,400 | 125,518 | 933 | 69 | -66 | 184 | -120 | 1,380 | |
| Deferred Taxes & Provisions | 4,191 | ||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | -3,396 | 9,346 | |||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | -12,754 | -4,246 | 17,000 | ||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 148,537 | 158,162 | -6,277 | 6,277 | |||||
| overdraft | -15 | 3,415 | |||||||
| change in cash | 148,552 | 154,747 | -6,277 | 6,277 |
firth process & mechanical ltd Credit Report and Business Information
Firth Process & Mechanical Ltd Competitor Analysis
Perform a competitor analysis for firth process & mechanical ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in HD1 area or any other competitors across 12 key performance metrics.
firth process & mechanical ltd Ownership
FIRTH PROCESS & MECHANICAL LTD group structure
Firth Process & Mechanical Ltd has no subsidiary companies.
Ultimate parent company
FIRTH PROCESS & MECHANICAL LTD
09546312
firth process & mechanical ltd directors
Firth Process & Mechanical Ltd currently has 1 director, Mr Gregory Firth serving since Apr 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gregory Firth | United Kingdom | 34 years | Apr 2015 | - | Director |
P&L
March 2024turnover
548.4k
+73%
operating profit
186.8k
0%
gross margin
29.2%
+5.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
271.2k
+1.21%
total assets
488.2k
+0.73%
cash
306.7k
+0.94%
net assets
Total assets minus all liabilities
firth process & mechanical ltd company details
company number
09546312
Type
Private limited with Share Capital
industry
43220 - Plumbing, heat and air-conditioning installation
incorporation date
April 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
elite pipework & fabrications ltd (July 2020)
elite pipework services ltd (June 2019)
accountant
-
auditor
-
address
10 church street, paddock, huddersfield, west yorkshire, HD1 4TR
Bank
-
Legal Advisor
-
firth process & mechanical 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 firth process & mechanical ltd.
firth process & mechanical ltd 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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firth process & mechanical ltd Companies House Filings - See Documents
| date | description | view/download |
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