britton price holdings limited

britton price holdings limited Company Information

Share BRITTON PRICE HOLDINGS LIMITED
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EstablishedMidHealthy

Company Number

09900575

Industry

Manufacture of lifting and handling equipment

 

Shareholders

derek price

yellow yamas limited

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Group Structure

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Contact

Registered Address

parkers cornelius house, 178-180 church road, hove, east sussex, BN3 2DJ

britton price holdings limited Estimated Valuation

£3.7m

Pomanda estimates the enterprise value of BRITTON PRICE HOLDINGS LIMITED at £3.7m based on a Turnover of £6.5m and 0.57x industry multiple (adjusted for size and gross margin).

britton price holdings limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of BRITTON PRICE HOLDINGS LIMITED at £1.5m based on an EBITDA of £334.5k and a 4.35x industry multiple (adjusted for size and gross margin).

britton price holdings limited Estimated Valuation

£645.1k

Pomanda estimates the enterprise value of BRITTON PRICE HOLDINGS LIMITED at £645.1k based on Net Assets of £318.6k and 2.03x industry multiple (adjusted for liquidity).

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Britton Price Holdings Limited Overview

Britton Price Holdings Limited is a live company located in hove, BN3 2DJ with a Companies House number of 09900575. It operates in the manufacture of lifting and handling equipment sector, SIC Code 28220. Founded in December 2015, it's largest shareholder is derek price with a 66.7% stake. Britton Price Holdings Limited is a established, mid sized company, Pomanda has estimated its turnover at £6.5m with healthy growth in recent years.

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Britton Price Holdings Limited Health Check

Pomanda's financial health check has awarded Britton Price Holdings Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £6.5m, make it smaller than the average company (£15m)

£6.5m - Britton Price Holdings Limited

£15m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.7%)

9% - Britton Price Holdings Limited

6.7% - Industry AVG

production

Production

with a gross margin of 28.6%, this company has a comparable cost of product (28.6%)

28.6% - Britton Price Holdings Limited

28.6% - Industry AVG

profitability

Profitability

an operating margin of 4.1% make it less profitable than the average company (5.7%)

4.1% - Britton Price Holdings Limited

5.7% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (80)

3 - Britton Price Holdings Limited

80 - Industry AVG

paystructure

Pay Structure

on an average salary of £48k, the company has an equivalent pay structure (£48k)

£48k - Britton Price Holdings Limited

£48k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2.2m, this is more efficient (£179.7k)

£2.2m - Britton Price Holdings Limited

£179.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 133 days, this is later than average (58 days)

133 days - Britton Price Holdings Limited

58 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 6 days, this is quicker than average (47 days)

6 days - Britton Price Holdings Limited

47 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Britton Price Holdings Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)

0 weeks - Britton Price Holdings Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 87.5%, this is a higher level of debt than the average (54.3%)

87.5% - Britton Price Holdings Limited

54.3% - Industry AVG

BRITTON PRICE HOLDINGS LIMITED financials

EXPORTms excel logo

Britton Price Holdings Limited's latest turnover from December 2023 is estimated at £6.5 million and the company has net assets of £318.6 thousand. According to their latest financial statements, Britton Price Holdings Limited has 3 employees and maintains cash reserves of £2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Turnover6,466,5825,528,9674,824,5004,943,4676,005,5796,037,8185,499,6204,829,306
Other Income Or Grants00000000
Cost Of Sales4,614,8214,704,3773,455,1723,732,7553,930,9383,823,3453,839,0263,393,103
Gross Profit1,851,761824,5901,369,3281,210,7122,074,6412,214,4731,660,5941,436,203
Admin Expenses1,587,7461,231,7751,542,0811,335,6201,457,0901,496,3921,218,2561,221,069
Operating Profit264,015-407,185-172,753-124,908617,551718,081442,338215,134
Interest Payable53,64623,3117,2346,0380000
Interest Receivable9,147452021323267
Pre-Tax Profit219,516-430,044-179,987-130,944617,552718,084442,361215,401
Tax-54,87929,9683,7260-82,669-165,000-57,581-144,404
Profit After Tax164,637-400,076-176,261-130,944534,883553,084384,78070,997
Dividends Paid03,228175,484214,469505,487225,550126,279101,499
Retained Profit164,637-405,338-365,870-351,2733,082296,007258,501-30,502
Employee Costs144,0492,789,8352,663,9642,618,1912,469,7132,276,8382,289,2001,869,097
Number Of Employees361626259565847
EBITDA*334,462-349,364-46,728-16,131770,478790,994503,275258,724

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Tangible Assets16,31126,38258,39269,22549,32732,66031,53918,189
Intangible Assets36,348118,962181,871168,67677,092122,96374,74874,746
Investments & Other16,8000000000
Debtors (Due After 1 year)00000000
Total Fixed Assets69,459145,344240,263237,901126,419155,623106,28792,935
Stock & work in progress0263,842279,258261,080222,832225,779262,106173,660
Trade Debtors2,357,900925,696728,717955,2631,139,5241,045,4031,218,353959,551
Group Debtors033500000299,495
Misc Debtors112,879592,649366,093510,567537,888480,965486,967156,435
Cash1,980346,475493,6641,136,925520,111828,431448,837167,139
misc current assets00000000
total current assets2,472,7592,128,9971,867,7322,863,8352,420,3552,580,5782,416,2631,756,280
total assets2,542,2182,274,3412,107,9953,101,7362,546,7742,736,2012,522,5501,849,215
Bank overdraft129,987127,24090,90990,9090000
Bank loan00000000
Trade Creditors 86,672723,031287,233314,105240,188240,962342,536242,648
Group/Directors Accounts1,712,5950000000
other short term finances00000000
hp & lease commitments00000000
other current liabilities11,158508,391457,994982,209648,177866,226878,535566,738
total current liabilities1,940,4121,358,662836,1361,387,223888,3651,107,1881,221,071809,386
loans283,242413,230310,606401,5150000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities00000000
provisions00000000
total long term liabilities283,242413,230310,606401,5150000
total liabilities2,223,6541,771,8921,146,7421,788,738888,3651,107,1881,221,071809,386
net assets318,564501,821891,5391,257,4091,596,9621,593,8801,297,8731,039,829
total shareholders funds318,564501,821891,5391,257,4091,596,9621,593,8801,297,8731,039,829
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Operating Activities
Operating Profit264,015-407,185-172,753-124,908617,551718,081442,338215,134
Depreciation18,10734,34538,50533,86728,56841,7376,63116,146
Amortisation52,34023,47687,52074,910124,35931,17654,30627,444
Tax-54,87929,9683,7260-82,669-165,000-57,581-144,404
Stock-263,842-15,41618,17838,248-2,947-36,32788,446173,660
Debtors952,099423,870-371,020-211,582151,044-178,952289,8391,415,481
Creditors-636,359435,798-26,87273,917-774-101,57499,888242,648
Accruals and Deferred Income-497,23350,397-524,215334,032-218,049-12,309311,797566,738
Deferred Taxes & Provisions00000000
Cash flow from operations-1,542,266-241,655-241,247565,152320,889727,390479,094-665,435
Investing Activities
capital expenditure22,23837,098-128,387-220,259-123,723-122,249-74,289-136,525
Change in Investments16,8000000000
cash flow from investments5,43837,098-128,387-220,259-123,723-122,249-74,289-136,525
Financing Activities
Bank loans00000000
Group/Directors Accounts1,712,5950000000
Other Short Term Loans 00000000
Long term loans-129,988102,624-90,909401,5150000
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue-347,89415,620011,72000-4571,070,331
interest-44,499-22,859-7,234-6,0361323267
cash flow from financing1,190,21495,385-98,143407,19913-4341,070,598
cash and cash equivalents
cash-344,495-147,189-643,261616,814-308,320379,594281,698167,139
overdraft2,74736,331090,9090000
change in cash-347,242-183,520-643,261525,905-308,320379,594281,698167,139

britton price holdings limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Britton Price Holdings Limited Competitor Analysis

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Perform a competitor analysis for britton price holdings limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in BN3 area or any other competitors across 12 key performance metrics.

britton price holdings limited Ownership

BRITTON PRICE HOLDINGS LIMITED group structure

Britton Price Holdings Limited has 7 subsidiary companies.

BRITTON PRICE HOLDINGS LIMITED Shareholders

derek price 66.67%
yellow yamas limited 16.67%
christopher miles chalcraft 16.67%

britton price holdings limited directors

Britton Price Holdings Limited currently has 3 directors. The longest serving directors include Mr Derek Price (Dec 2015) and Mr Warren Battersby (May 2022).

officercountryagestartendrole
Mr Derek Price70 years Dec 2015- Director
Mr Warren BattersbyEngland31 years May 2022- Director
Mr Mark CableEngland56 years May 2022- Director

P&L

December 2023

turnover

6.5m

+17%

operating profit

264k

0%

gross margin

28.7%

+92.01%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

318.6k

-0.37%

total assets

2.5m

+0.12%

cash

2k

-0.99%

net assets

Total assets minus all liabilities

britton price holdings limited company details

company number

09900575

Type

Private limited with Share Capital

industry

28220 - Manufacture of lifting and handling equipment

incorporation date

December 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Small Company

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

PARKERS

address

parkers cornelius house, 178-180 church road, hove, east sussex, BN3 2DJ

Bank

-

Legal Advisor

-

britton price holdings 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 found 2 charges/mortgages relating to britton price holdings limited. Currently there are 2 open charges and 0 have been satisfied in the past.

britton price holdings 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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britton price holdings limited Companies House Filings - See Documents

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