the blackpool pier company limited
the blackpool pier company limited Company Information
Company Number
09606235
Website
blackpoolpiers.co.ukRegistered Address
empress buildings, 97 church street, blackpool, FY1 1HU
Industry
Other amusement and recreation activities
Telephone
01253293096
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
peter sedgwick 25.5%
sue sedgwick 25.5%
View Allthe blackpool pier company limited Estimated Valuation
Pomanda estimates the enterprise value of THE BLACKPOOL PIER COMPANY LIMITED at £21.8m based on a Turnover of £15.3m and 1.42x industry multiple (adjusted for size and gross margin).
the blackpool pier company limited Estimated Valuation
Pomanda estimates the enterprise value of THE BLACKPOOL PIER COMPANY LIMITED at £7.4m based on an EBITDA of £1.1m and a 6.95x industry multiple (adjusted for size and gross margin).
the blackpool pier company limited Estimated Valuation
Pomanda estimates the enterprise value of THE BLACKPOOL PIER COMPANY LIMITED at £31.4m based on Net Assets of £12m and 2.62x industry multiple (adjusted for liquidity).
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The Blackpool Pier Company Limited Overview
The Blackpool Pier Company Limited is a live company located in blackpool, FY1 1HU with a Companies House number of 09606235. It operates in the other amusement and recreation activities n.e.c. sector, SIC Code 93290. Founded in May 2015, it's largest shareholder is peter sedgwick with a 25.5% stake. The Blackpool Pier Company Limited is a young, mid sized company, Pomanda has estimated its turnover at £15.3m with high growth in recent years.
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The Blackpool Pier Company Limited Health Check
Pomanda's financial health check has awarded The Blackpool Pier Company Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £15.3m, make it larger than the average company (£424.4k)
£15.3m - The Blackpool Pier Company Limited
£424.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (10.2%)
29% - The Blackpool Pier Company Limited
10.2% - Industry AVG
Production
with a gross margin of 77.9%, this company has a lower cost of product (61.6%)
77.9% - The Blackpool Pier Company Limited
61.6% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (9.3%)
1% - The Blackpool Pier Company Limited
9.3% - Industry AVG
Employees
with 217 employees, this is above the industry average (11)
217 - The Blackpool Pier Company Limited
11 - Industry AVG
Pay Structure
on an average salary of £30k, the company has a higher pay structure (£18.5k)
£30k - The Blackpool Pier Company Limited
£18.5k - Industry AVG
Efficiency
resulting in sales per employee of £70.6k, this is more efficient (£53.5k)
£70.6k - The Blackpool Pier Company Limited
£53.5k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (9 days)
2 days - The Blackpool Pier Company Limited
9 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is close to average (42 days)
41 days - The Blackpool Pier Company Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 16 days, this is in line with average (19 days)
16 days - The Blackpool Pier Company Limited
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is less cash available to meet short term requirements (88 weeks)
19 weeks - The Blackpool Pier Company Limited
88 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.8%, this is a higher level of debt than the average (32.9%)
43.8% - The Blackpool Pier Company Limited
32.9% - Industry AVG
THE BLACKPOOL PIER COMPANY LIMITED financials
The Blackpool Pier Company Limited's latest turnover from December 2023 is £15.3 million and the company has net assets of £12 million. According to their latest financial statements, The Blackpool Pier Company Limited has 217 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 15,320,718 | 14,991,042 | 16,487,263 | 7,154,897 | 10,349,326 | 9,726,576 | 9,269,194 | 8,855,228 | 6,301,637 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 3,380,025 | 3,471,500 | 2,999,491 | 1,300,237 | 2,024,250 | 1,847,215 | 1,963,746 | 1,766,595 | 1,351,717 |
| Gross Profit | 11,940,693 | 11,519,542 | 13,487,772 | 5,854,660 | 8,325,076 | 7,879,361 | 7,305,448 | 7,088,633 | 4,949,920 |
| Admin Expenses | 11,795,050 | 10,799,979 | 8,388,522 | 5,756,993 | 7,024,397 | 6,383,813 | 6,204,045 | 5,389,033 | 3,975,988 |
| Operating Profit | 145,643 | 719,563 | 5,099,250 | 97,667 | 1,300,679 | 1,495,548 | 1,101,403 | 1,699,600 | 973,932 |
| Interest Payable | 519,292 | 386,484 | 318,988 | 308,185 | 332,518 | 344,404 | 430,970 | 378,947 | 218,533 |
| Interest Receivable | 37,997 | 21,152 | 11,835 | 14,203 | 7,812 | 3,736 | 2,373 | 1,573 | |
| Pre-Tax Profit | -335,652 | 354,231 | 4,792,097 | -196,315 | 975,973 | 1,155,086 | 674,169 | 1,323,026 | 756,972 |
| Tax | 32,823 | -232,687 | -906,255 | 27,147 | -230,489 | -240,437 | -138,563 | -204,059 | -237,582 |
| Profit After Tax | -302,829 | 121,544 | 3,885,842 | -169,168 | 745,484 | 914,649 | 535,606 | 1,118,967 | 519,390 |
| Dividends Paid | -60,000 | 8,000 | 8,000 | 8,000 | 16,000 | 20,000 | 20,000 | 64,000 | 161,000 |
| Retained Profit | -242,829 | 113,544 | 3,877,842 | -177,168 | 729,484 | 894,649 | 515,606 | 1,054,967 | 358,390 |
| Employee Costs | 6,513,329 | 5,394,755 | 5,420,291 | 3,560,521 | 3,748,979 | 3,190,273 | 3,355,337 | 2,646,815 | 1,357,810 |
| Number Of Employees | 217 | 199 | 189 | 148 | 164 | 152 | 156 | 158 | 122 |
| EBITDA* | 1,060,928 | 1,458,240 | 5,710,233 | 690,853 | 1,860,154 | 1,968,705 | 1,524,581 | 2,042,841 | 1,193,666 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 16,722,092 | 12,118,930 | 11,818,699 | 11,167,825 | 11,554,059 | 11,440,500 | 11,187,498 | 10,188,435 | 10,271,668 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 99 | 99 | 99 | 99 | 99 | 0 | 99 | 99 | 99 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 16,722,191 | 12,119,029 | 11,818,798 | 11,167,924 | 11,554,158 | 11,440,500 | 11,187,597 | 10,188,534 | 10,271,767 |
| Stock & work in progress | 149,850 | 199,781 | 174,797 | 219,230 | 144,840 | 94,802 | 60,799 | 83,858 | 59,672 |
| Trade Debtors | 95,794 | 271,133 | 13,503 | 113,329 | 51,762 | 26,642 | 2,634 | 195,615 | 87,409 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,070,006 | 2,122,068 | 1,159,353 | 1,173,720 | 1,297,279 | 0 | 722,743 | 711,109 | 477,281 |
| Cash | 1,264,983 | 3,024,659 | 5,544,974 | 1,555,114 | 1,214,899 | 1,040,712 | 648,350 | 1,103,208 | 1,461,800 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,580,633 | 5,617,641 | 6,892,627 | 3,061,393 | 2,708,780 | 1,804,259 | 1,434,526 | 2,093,790 | 2,086,162 |
| total assets | 21,302,824 | 17,736,670 | 18,711,425 | 14,229,317 | 14,262,938 | 13,244,759 | 12,622,123 | 12,282,324 | 12,357,929 |
| Bank overdraft | 523,931 | 523,931 | 333,631 | 409,486 | 349,486 | 534,214 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 534,214 | 534,214 | 534,214 |
| Trade Creditors | 385,349 | 217,644 | 462,997 | 403,924 | 335,968 | 237,625 | 201,551 | 383,259 | 381,680 |
| Group/Directors Accounts | 119,089 | 17,129 | 0 | 0 | 25,833 | 0 | 6,162 | 0 | 9,863 |
| other short term finances | 180,000 | 180,000 | 180,000 | 0 | 0 | 678,702 | 400,000 | 400,000 | 500,000 |
| hp & lease commitments | 669,014 | 180,822 | 249,073 | 617,324 | 495,904 | 0 | 639,723 | 256,007 | 322,473 |
| other current liabilities | 1,447,975 | 1,376,165 | 2,271,390 | 799,863 | 952,873 | 0 | 799,413 | 1,056,686 | 1,261,428 |
| total current liabilities | 3,325,358 | 2,495,691 | 3,497,091 | 2,230,597 | 2,160,064 | 2,389,201 | 2,581,063 | 2,630,166 | 3,009,658 |
| loans | 3,711,830 | 4,232,736 | 4,865,837 | 5,425,091 | 4,809,600 | 0 | 5,083,596 | 5,617,810 | 6,152,024 |
| hp & lease commitments | 199,520 | 534,855 | 221,341 | 499,777 | 1,023,686 | 0 | 892,528 | 486,994 | 709,007 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 2,090,663 | 1,126,392 | 799,577 | 624,115 | 642,683 | 0 | 476,843 | 485,368 | 480,221 |
| total long term liabilities | 6,002,013 | 5,893,983 | 5,886,755 | 6,548,983 | 6,475,969 | 5,958,137 | 6,452,967 | 6,590,172 | 7,341,252 |
| total liabilities | 9,327,371 | 8,389,674 | 9,383,846 | 8,779,580 | 8,636,033 | 8,347,338 | 9,034,030 | 9,220,338 | 10,350,910 |
| net assets | 11,975,453 | 9,346,996 | 9,327,579 | 5,449,737 | 5,626,905 | 4,897,421 | 3,588,093 | 3,061,986 | 2,007,019 |
| total shareholders funds | 11,975,453 | 9,346,996 | 9,327,579 | 5,449,737 | 5,626,905 | 4,897,421 | 3,588,093 | 3,061,986 | 2,007,019 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 145,643 | 719,563 | 5,099,250 | 97,667 | 1,300,679 | 1,495,548 | 1,101,403 | 1,699,600 | 973,932 |
| Depreciation | 915,285 | 738,677 | 610,983 | 593,186 | 559,475 | 473,157 | 423,178 | 343,241 | 219,734 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 32,823 | -232,687 | -906,255 | 27,147 | -230,489 | -240,437 | -138,563 | -204,059 | -237,582 |
| Stock | -49,931 | 24,984 | -44,433 | 74,390 | 50,038 | 34,003 | -23,059 | 24,186 | 59,672 |
| Debtors | 772,599 | 1,220,345 | -114,193 | -61,992 | 1,322,399 | -698,735 | -181,347 | 342,034 | 564,690 |
| Creditors | 167,705 | -245,353 | 59,073 | 67,956 | 98,343 | 36,074 | -181,708 | 1,579 | 381,680 |
| Accruals and Deferred Income | 71,810 | -895,225 | 1,471,527 | -153,010 | 952,873 | -799,413 | -257,273 | -204,742 | 1,261,428 |
| Deferred Taxes & Provisions | 964,271 | 326,815 | 175,462 | -18,568 | 642,683 | -476,843 | -8,525 | 5,147 | 480,221 |
| Cash flow from operations | 1,574,869 | -833,539 | 6,668,666 | 601,980 | 1,951,127 | 1,142,918 | 1,274,546 | 2,455,051 | |
| Investing Activities | |||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -1,395,188 | -260,008 | -7,985,352 | |
| Change in Investments | 0 | 0 | 0 | 0 | 99 | -99 | 0 | 0 | 99 |
| cash flow from investments | 0 | 0 | 0 | 0 | -99 | -1,395,188 | -260,008 | -7,985,451 | |
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | -534,214 | 0 | 0 | 534,214 |
| Group/Directors Accounts | 101,960 | 17,129 | 0 | -25,833 | 25,833 | -6,162 | 6,162 | -9,863 | 9,863 |
| Other Short Term Loans | 0 | 0 | 180,000 | 0 | -678,702 | 278,702 | 0 | -100,000 | 500,000 |
| Long term loans | -520,906 | -633,101 | -559,254 | 615,491 | 4,809,600 | -5,083,596 | -534,214 | -534,214 | 6,152,024 |
| Hire Purchase and Lease Commitments | 152,857 | 245,263 | -646,687 | -402,489 | 1,519,590 | -1,532,251 | 789,250 | -288,479 | 1,031,480 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | -481,295 | -365,332 | -307,153 | -293,982 | -324,706 | -427,234 | -376,574 | -216,960 | |
| cash flow from financing | 2,123,902 | -830,168 | -1,333,094 | -106,813 | 5,351,615 | -155,535 | -1,309,130 | 9,659,250 | |
| cash and cash equivalents | |||||||||
| cash | -1,759,676 | -2,520,315 | 3,989,860 | 340,215 | 174,187 | 392,362 | -454,858 | -358,592 | 1,461,800 |
| overdraft | 0 | 190,300 | -75,855 | 60,000 | -184,728 | 534,214 | 0 | 0 | 0 |
| change in cash | -1,759,676 | -2,710,615 | 4,065,715 | 280,215 | 358,915 | -141,852 | -454,858 | -358,592 | 1,461,800 |
the blackpool pier company limited Credit Report and Business Information
The Blackpool Pier Company Limited Competitor Analysis
Perform a competitor analysis for the blackpool pier company limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mid companies, companies in FY1 area or any other competitors across 12 key performance metrics.
the blackpool pier company limited Ownership
THE BLACKPOOL PIER COMPANY LIMITED group structure
The Blackpool Pier Company Limited has 3 subsidiary companies.
Ultimate parent company
THE BLACKPOOL PIER COMPANY LIMITED
09606235
3 subsidiaries
the blackpool pier company limited directors
The Blackpool Pier Company Limited currently has 4 directors. The longest serving directors include Miss Renee Sedgwick (May 2015) and Mr Peter Sedgwick (May 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Renee Sedgwick | England | 48 years | May 2015 | - | Director |
| Mr Peter Sedgwick | England | 44 years | May 2015 | - | Director |
| Mrs Sue Sedgwick | England | 74 years | May 2015 | - | Director |
| Mr Peter Sedgwick | England | 79 years | May 2015 | - | Director |
P&L
December 2023turnover
15.3m
+2%
operating profit
145.6k
-80%
gross margin
78%
+1.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
12m
+0.28%
total assets
21.3m
+0.2%
cash
1.3m
-0.58%
net assets
Total assets minus all liabilities
Similar Companies
the blackpool pier company limited company details
company number
09606235
Type
Private limited with Share Capital
industry
93290 - Other amusement and recreation activities
incorporation date
May 2015
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
piers (blackpool) limited (January 2016)
accountant
-
auditor
ASHWORTH TREASURE LIMITED
address
empress buildings, 97 church street, blackpool, FY1 1HU
Bank
-
Legal Advisor
-
the blackpool pier company 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 the blackpool pier company limited.
the blackpool pier company limited Companies House Filings - See Documents
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