puzzle plumbers ltd
puzzle plumbers ltd Company Information
Company Number
10061933
Website
www.puzzle-plumbers.comRegistered Address
2 the avenue, ampthill, bedford, MK45 2NR
Industry
Plumbing, heat and air-conditioning installation
Telephone
08000253020
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
aaron fehr 60%
donna fehr 40%
puzzle plumbers ltd Estimated Valuation
Pomanda estimates the enterprise value of PUZZLE PLUMBERS LTD at £293.2k based on a Turnover of £584.4k and 0.5x industry multiple (adjusted for size and gross margin).
puzzle plumbers ltd Estimated Valuation
Pomanda estimates the enterprise value of PUZZLE PLUMBERS LTD at £915.6k based on an EBITDA of £172.5k and a 5.31x industry multiple (adjusted for size and gross margin).
puzzle plumbers ltd Estimated Valuation
Pomanda estimates the enterprise value of PUZZLE PLUMBERS LTD at £1.6m based on Net Assets of £502.6k and 3.13x industry multiple (adjusted for liquidity).
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Puzzle Plumbers Ltd Overview
Puzzle Plumbers Ltd is a live company located in bedford, MK45 2NR with a Companies House number of 10061933. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in March 2016, it's largest shareholder is aaron fehr with a 60% stake. Puzzle Plumbers Ltd is a young, small sized company, Pomanda has estimated its turnover at £584.4k with declining growth in recent years.
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Puzzle Plumbers Ltd Health Check
Pomanda's financial health check has awarded Puzzle Plumbers Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
2 Weak
Size
annual sales of £584.4k, make it larger than the average company (£397.9k)
- Puzzle Plumbers Ltd
£397.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (4.3%)
- Puzzle Plumbers Ltd
4.3% - Industry AVG
Production
with a gross margin of 27.7%, this company has a comparable cost of product (27.7%)
- Puzzle Plumbers Ltd
27.7% - Industry AVG
Profitability
an operating margin of 28% make it more profitable than the average company (6.6%)
- Puzzle Plumbers Ltd
6.6% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Puzzle Plumbers Ltd
4 - Industry AVG
Pay Structure
on an average salary of £33.5k, the company has an equivalent pay structure (£33.5k)
- Puzzle Plumbers Ltd
£33.5k - Industry AVG
Efficiency
resulting in sales per employee of £146.1k, this is more efficient (£110.5k)
- Puzzle Plumbers Ltd
£110.5k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (56 days)
- Puzzle Plumbers Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 79 days, this is slower than average (46 days)
- Puzzle Plumbers Ltd
46 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is in line with average (11 days)
- Puzzle Plumbers Ltd
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 76 weeks, this is more cash available to meet short term requirements (21 weeks)
76 weeks - Puzzle Plumbers Ltd
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.5%, this is a lower level of debt than the average (61.8%)
28.5% - Puzzle Plumbers Ltd
61.8% - Industry AVG
PUZZLE PLUMBERS LTD financials
Puzzle Plumbers Ltd's latest turnover from March 2023 is estimated at £584.4 thousand and the company has net assets of £502.6 thousand. According to their latest financial statements, Puzzle Plumbers Ltd has 4 employees and maintains cash reserves of £239.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 4 | 4 | 4 | 4 | 3 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 36,306 | 13,978 | 18,018 | 7,101 | 9,713 | 13,110 | 8,500 |
| Intangible Assets | 203,948 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 240,254 | 13,978 | 18,018 | 7,101 | 9,713 | 13,110 | 8,500 |
| Stock & work in progress | 11,783 | 14,700 | 26,234 | 6,006 | 0 | 0 | 0 |
| Trade Debtors | 125,096 | 182,716 | 110,018 | 130,579 | 159,496 | 78,318 | 45,890 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 85,919 | 149,895 | 61,437 | 0 | 0 | 0 | 0 |
| Cash | 239,571 | 194,019 | 487,284 | 226,126 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 462,369 | 541,330 | 684,973 | 362,711 | 159,496 | 78,318 | 45,890 |
| total assets | 702,623 | 555,308 | 702,991 | 369,812 | 169,209 | 91,428 | 54,390 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 91,701 | 106,988 | 197,287 | 102,577 | 97,781 | 52,033 | 43,228 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 71,174 | 35,068 | 72,489 | 67,149 | 0 | 0 | 0 |
| total current liabilities | 162,875 | 142,056 | 269,776 | 169,726 | 97,781 | 52,033 | 43,228 |
| loans | 37,131 | 47,258 | 50,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 2,900 | 2,549 | 1,525 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 37,131 | 47,258 | 50,000 | 0 | 2,900 | 2,549 | 1,525 |
| total liabilities | 200,006 | 189,314 | 319,776 | 169,726 | 100,681 | 54,582 | 44,753 |
| net assets | 502,617 | 365,994 | 383,215 | 200,086 | 68,528 | 36,846 | 9,637 |
| total shareholders funds | 502,617 | 365,994 | 383,215 | 200,086 | 68,528 | 36,846 | 9,637 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 8,678 | 4,938 | 6,675 | ||||
| Amortisation | 0 | 0 | 0 | ||||
| Tax | |||||||
| Stock | -2,917 | -11,534 | 20,228 | 6,006 | 0 | 0 | 0 |
| Debtors | -121,596 | 161,156 | 40,876 | -28,917 | 81,178 | 32,428 | 45,890 |
| Creditors | -15,287 | -90,299 | 94,710 | 4,796 | 45,748 | 8,805 | 43,228 |
| Accruals and Deferred Income | 36,106 | -37,421 | 5,340 | 64,249 | 351 | 1,024 | 1,525 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,127 | -2,742 | 50,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 45,552 | -293,265 | 261,158 | 226,126 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 45,552 | -293,265 | 261,158 | 226,126 | 0 | 0 | 0 |
puzzle plumbers ltd Credit Report and Business Information
Puzzle Plumbers Ltd Competitor Analysis
Perform a competitor analysis for puzzle plumbers ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in MK45 area or any other competitors across 12 key performance metrics.
puzzle plumbers ltd Ownership
PUZZLE PLUMBERS LTD group structure
Puzzle Plumbers Ltd has no subsidiary companies.
Ultimate parent company
PUZZLE PLUMBERS LTD
10061933
puzzle plumbers ltd directors
Puzzle Plumbers Ltd currently has 2 directors. The longest serving directors include Mr Aaron Fehr (Mar 2016) and Mrs Donna Fehr (Aug 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Aaron Fehr | England | 42 years | Mar 2016 | - | Director |
| Mrs Donna Fehr | England | 40 years | Aug 2016 | - | Director |
P&L
March 2023turnover
584.4k
-21%
operating profit
163.8k
0%
gross margin
27.7%
-7.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
502.6k
+0.37%
total assets
702.6k
+0.27%
cash
239.6k
+0.23%
net assets
Total assets minus all liabilities
puzzle plumbers ltd company details
company number
10061933
Type
Private limited with Share Capital
industry
43220 - Plumbing, heat and air-conditioning installation
incorporation date
March 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
TYLER WADDINGTON
auditor
-
address
2 the avenue, ampthill, bedford, MK45 2NR
Bank
-
Legal Advisor
-
puzzle plumbers 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 puzzle plumbers ltd.
puzzle plumbers ltd Companies House Filings - See Documents
| date | description | view/download |
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