ps115 limited
ps115 limited Company Information
Company Number
10054952
Next Accounts
Jun 2025
Shareholders
manchester property development holdings limited
Group Structure
View All
Industry
Development of building projects
Registered Address
c/o williamson & croft llp york, 20 york street, manchester, M2 3BB
Website
beechholdings.co.ukps115 limited Estimated Valuation
Pomanda estimates the enterprise value of PS115 LIMITED at £901.7k based on a Turnover of £1.8m and 0.51x industry multiple (adjusted for size and gross margin).
ps115 limited Estimated Valuation
Pomanda estimates the enterprise value of PS115 LIMITED at £1.3m based on an EBITDA of £324.3k and a 3.95x industry multiple (adjusted for size and gross margin).
ps115 limited Estimated Valuation
Pomanda estimates the enterprise value of PS115 LIMITED at £0 based on Net Assets of £-697.3k and 1.49x industry multiple (adjusted for liquidity).
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Ps115 Limited Overview
Ps115 Limited is a live company located in manchester, M2 3BB with a Companies House number of 10054952. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2016, it's largest shareholder is manchester property development holdings limited with a 100% stake. Ps115 Limited is a young, small sized company, Pomanda has estimated its turnover at £1.8m with low growth in recent years.
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Ps115 Limited Health Check
Pomanda's financial health check has awarded Ps115 Limited a 4 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
3 Regular
6 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£2.2m)
- Ps115 Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a similar rate (3.5%)
- Ps115 Limited
3.5% - Industry AVG
Production
with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)
- Ps115 Limited
26.4% - Industry AVG
Profitability
an operating margin of 18.5% make it more profitable than the average company (7%)
- Ps115 Limited
7% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Ps115 Limited
6 - Industry AVG
Pay Structure
on an average salary of £48k, the company has an equivalent pay structure (£48k)
- Ps115 Limited
£48k - Industry AVG
Efficiency
resulting in sales per employee of £1.8m, this is more efficient (£277.5k)
- Ps115 Limited
£277.5k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is later than average (27 days)
- Ps115 Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (31 days)
- Ps115 Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 697 days, this is more than average (166 days)
- Ps115 Limited
166 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is more cash available to meet short term requirements (13 weeks)
29 weeks - Ps115 Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 121.8%, this is a higher level of debt than the average (72.7%)
121.8% - Ps115 Limited
72.7% - Industry AVG
PS115 LIMITED financials
Ps115 Limited's latest turnover from September 2023 is estimated at £1.8 million and the company has net assets of -£697.3 thousand. According to their latest financial statements, Ps115 Limited has 1 employee and maintains cash reserves of £402.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 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 | 0 | 0 | 0 | |||||
| Number Of Employees | 1 | 1 | 1 | 1 | 2 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 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 | 2,956,125 | 2,663,171 | 2,500,000 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 2,956,125 | 2,663,171 | 2,500,000 | 0 |
| Stock & work in progress | 2,463,466 | 2,463,466 | 2,281,922 | 4,592,121 | 0 | 0 | 0 | 0 |
| Trade Debtors | 264,350 | 278,335 | 203,015 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 2,326 | 0 | 0 | 422,922 | 706,608 | 0 | 146,475 | 0 |
| Misc Debtors | 70,515 | 69,350 | 361,176 | 564,820 | 328,977 | 2,190 | 3,946 | 100 |
| Cash | 402,884 | 239,821 | 91,359 | 3,546 | 398 | 25,473 | 5,256 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,203,541 | 3,050,972 | 2,937,472 | 5,583,409 | 1,035,983 | 27,663 | 155,677 | 100 |
| total assets | 3,203,541 | 3,050,972 | 2,937,472 | 5,583,409 | 3,992,108 | 2,690,834 | 2,655,677 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 29,931 | 10,732 | 282,236 | 109,729 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 259,159 | 139,203 | 0 | 0 | 31,189 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 1,800,000 | 1,728,000 | 1,580,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 432,516 | 402,586 | 390,336 | 3,025,355 | 1,193,013 | 32,506 | 24,429 | 0 |
| total current liabilities | 721,606 | 552,521 | 672,572 | 3,135,084 | 3,024,202 | 1,760,506 | 1,604,429 | 0 |
| loans | 3,179,197 | 3,179,197 | 2,923,706 | 2,545,705 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 190,800 | 190,800 | 170,716 | 0 |
| total long term liabilities | 3,179,197 | 3,179,197 | 2,923,706 | 2,545,705 | 190,800 | 190,800 | 170,716 | 0 |
| total liabilities | 3,900,803 | 3,731,718 | 3,596,278 | 5,680,789 | 3,215,002 | 1,951,306 | 1,775,145 | 0 |
| net assets | -697,262 | -680,746 | -658,806 | -97,380 | 777,106 | 739,528 | 880,532 | 100 |
| total shareholders funds | -697,262 | -680,746 | -658,806 | -97,380 | 777,106 | 739,528 | 880,532 | 100 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 181,544 | -2,310,199 | 4,592,121 | 0 | 0 | 0 | 0 |
| Debtors | -10,494 | -216,506 | -423,551 | -47,843 | 1,033,395 | -148,231 | 150,321 | 100 |
| Creditors | 19,199 | -271,504 | 172,507 | 109,729 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 29,930 | 12,250 | -2,635,019 | 1,832,342 | 1,160,507 | 8,077 | 24,429 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -190,800 | 0 | 20,084 | 170,716 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | -2,956,125 | 292,954 | 163,171 | 2,500,000 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 119,956 | 139,203 | 0 | -31,189 | 31,189 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | -1,800,000 | 72,000 | 148,000 | 1,580,000 | 0 |
| Long term loans | 0 | 255,491 | 378,001 | 2,545,705 | 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 | 163,063 | 148,462 | 87,813 | 3,148 | -25,075 | 20,217 | 5,256 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 163,063 | 148,462 | 87,813 | 3,148 | -25,075 | 20,217 | 5,256 | 0 |
ps115 limited Credit Report and Business Information
Ps115 Limited Competitor Analysis
Perform a competitor analysis for ps115 limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in M 2 area or any other competitors across 12 key performance metrics.
ps115 limited Ownership
PS115 LIMITED group structure
Ps115 Limited has no subsidiary companies.
Ultimate parent company
1 parent
PS115 LIMITED
10054952
ps115 limited directors
Ps115 Limited currently has 2 directors. The longest serving directors include Mr Stephen Beech (Mar 2016) and Mr James McKelvey (Mar 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Beech | England | 47 years | Mar 2016 | - | Director |
| Mr James McKelvey | England | 57 years | Mar 2020 | - | Director |
P&L
September 2023turnover
1.8m
+11%
operating profit
324.3k
0%
gross margin
26.4%
+4.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-697.3k
+0.02%
total assets
3.2m
+0.05%
cash
402.9k
+0.68%
net assets
Total assets minus all liabilities
ps115 limited company details
company number
10054952
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
March 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
WILLIAMSON & CROFT AUDIT LTD
auditor
-
address
c/o williamson & croft llp york, 20 york street, manchester, M2 3BB
Bank
-
Legal Advisor
-
ps115 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 6 charges/mortgages relating to ps115 limited. Currently there are 4 open charges and 2 have been satisfied in the past.
ps115 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.
Click to start generating capital raising & share issue transactions for PS115 LIMITED. This can take several minutes, an email will notify you when this has completed.
ps115 limited Companies House Filings - See Documents
| date | description | view/download |
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