Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Registered Address
unit b, priory court, chester road, runcorn, cheshire, WA7 3FR
Pomanda estimates the enterprise value of PRECISION FACADES LTD at £6.2m based on a Turnover of £11.2m and 0.55x industry multiple (adjusted for size and gross margin).
precision facades ltdEstimated Valuation
£1.9m
Pomanda estimates the enterprise value of PRECISION FACADES LTD at £1.9m based on an EBITDA of £427.5k and a 4.36x industry multiple (adjusted for size and gross margin).
precision facades ltdEstimated Valuation
£4.2m
Pomanda estimates the enterprise value of PRECISION FACADES LTD at £4.2m based on Net Assets of £2m and 2.04x industry multiple (adjusted for liquidity).
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Precision Facades LtdOverview
Precision Facades Ltd is a live company located in runcorn, WA7 3FR with a Companies House number of 10235750. It operates in the other engineering activities sector, SIC Code 71129. Founded in June 2016, it's largest shareholder is
stephen mcgowan
with a 65% stake. Precision Facades Ltd is a young,
mid sized company, Pomanda has estimated its turnover at
£11.2m with
low
growth in recent years.
Pomanda's financial health check has awarded Precision Facades Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
4 Regular
3 Weak
Size
annual sales of £11.2m, make it larger than the average company (£3.6m)
£11.2m - Precision Facades Ltd
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (6%)
1% - Precision Facades Ltd
6% - Industry AVG
Production
with a gross margin of 33.7%, this company has a comparable cost of product (33.7%)
33.7% - Precision Facades Ltd
33.7% - Industry AVG
Profitability
an operating margin of 3.5% make it less profitable than the average company (6.4%)
3.5% - Precision Facades Ltd
6.4% - Industry AVG
Employees
with 32 employees, this is above the industry average (26)
32 - Precision Facades Ltd
26 - Industry AVG
Pay Structure
on an average salary of £54.2k, the company has an equivalent pay structure (£54.2k)
£54.2k - Precision Facades Ltd
£54.2k - Industry AVG
Efficiency
resulting in sales per employee of £350.9k, this is more efficient (£126.3k)
£350.9k - Precision Facades Ltd
£126.3k - Industry AVG
Debtor Days
it gets paid by customers after 107 days, this is later than average (67 days)
107 days - Precision Facades Ltd
67 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is slower than average (28 days)
46 days - Precision Facades Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Precision Facades Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 18 weeks, this is average cash available to meet short term requirements (18 weeks)
18 weeks - Precision Facades Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.7%, this is a similar level of debt than the average (56.3%)
59.7% - Precision Facades Ltd
56.3% - Industry AVG
PRECISION FACADES LTD financials
EXPORT
Precision Facades Ltd's latest turnover from September 2023 is estimated at £11.2 million and the company has net assets of £2 million. According to their latest financial statements, Precision Facades Ltd has 32 employees and maintains cash reserves of £1 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Turnover
11,229,845
6,215,212
8,494,471
10,907,628
6,892,434
4,415,331
1,557,924
Other Income Or Grants
Cost Of Sales
7,441,712
4,232,748
5,690,768
7,499,262
4,572,637
2,903,629
1,047,558
Gross Profit
3,788,132
1,982,464
2,803,703
3,408,366
2,319,796
1,511,702
510,367
Admin Expenses
3,392,762
1,519,581
2,374,399
3,296,573
1,750,456
1,149,696
376,647
Operating Profit
395,370
462,883
429,304
111,793
569,340
362,006
133,720
Interest Payable
4,215
3,903
Interest Receivable
57,091
21,134
845
747
4,803
4,166
459
Pre-Tax Profit
452,461
484,017
430,149
112,540
574,143
361,957
130,275
Tax
-113,115
-91,963
-81,728
-21,383
-109,087
-68,772
-24,752
Profit After Tax
339,346
392,054
348,421
91,157
465,056
293,185
105,523
Dividends Paid
Retained Profit
339,346
392,054
348,421
91,157
465,056
293,185
105,523
Employee Costs
1,733,481
1,320,327
1,422,117
1,234,108
950,673
571,694
136,403
Number Of Employees
32
26
30
27
20
12
3
EBITDA*
427,457
491,893
462,481
148,897
603,221
381,743
134,727
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Tangible Assets
112,104
51,811
80,821
31,373
68,477
72,321
2,302
Intangible Assets
Investments & Other
25,000
46,750
18,000
10,000
50,743
30,603
Debtors (Due After 1 year)
Total Fixed Assets
137,104
98,561
98,821
41,373
119,220
102,924
2,302
Stock & work in progress
20,831
Trade Debtors
3,315,060
1,827,386
2,350,457
2,982,651
1,944,058
1,413,983
413,175
Group Debtors
Misc Debtors
566,658
479,004
766,431
294,590
103,360
298,757
38,969
Cash
1,029,607
1,145,302
733,284
956,886
536,894
743,984
366,919
misc current assets
total current assets
4,911,325
3,451,692
3,850,172
4,234,127
2,584,312
2,456,724
839,894
total assets
5,048,429
3,550,253
3,948,993
4,275,500
2,703,532
2,559,648
842,196
Bank overdraft
Bank loan
Trade Creditors
948,949
415,837
645,700
846,382
691,338
321,611
230,088
Group/Directors Accounts
other short term finances
hp & lease commitments
4,349
other current liabilities
1,937,630
1,267,594
1,765,721
2,468,112
1,135,315
1,828,535
381,585
total current liabilities
2,886,579
1,683,431
2,411,421
3,314,494
1,826,653
2,154,495
611,673
loans
124,896
hp & lease commitments
6,341
Accruals and Deferred Income
other liabilities
98,958
161,458
218,750
provisions
28,026
9,844
15,356
5,961
13,011
total long term liabilities
126,984
171,302
234,106
5,961
13,011
6,341
124,896
total liabilities
3,013,563
1,854,733
2,645,527
3,320,455
1,839,664
2,160,836
736,569
net assets
2,034,866
1,695,520
1,303,466
955,045
863,868
398,812
105,627
total shareholders funds
2,034,866
1,695,520
1,303,466
955,045
863,868
398,812
105,627
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Operating Activities
Operating Profit
395,370
462,883
429,304
111,793
569,340
362,006
133,720
Depreciation
32,087
29,010
33,177
37,104
33,881
19,737
1,007
Amortisation
Tax
-113,115
-91,963
-81,728
-21,383
-109,087
-68,772
-24,752
Stock
-20,831
20,831
Debtors
1,575,328
-810,498
-160,353
1,229,823
334,678
1,260,596
452,144
Creditors
533,112
-229,863
-200,682
155,044
369,727
91,523
230,088
Accruals and Deferred Income
670,036
-498,127
-702,391
1,332,797
-693,220
1,446,950
381,585
Deferred Taxes & Provisions
18,182
-5,512
9,395
-7,050
13,011
Cash flow from operations
-39,656
476,926
-352,572
378,482
-151,026
611,679
248,673
Investing Activities
capital expenditure
-92,380
-82,625
-30,037
-89,756
-3,309
Change in Investments
-21,750
28,750
8,000
-40,743
20,140
30,603
cash flow from investments
-70,630
-28,750
-90,625
40,743
-50,177
-120,359
-3,309
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-124,896
124,896
Hire Purchase and Lease Commitments
-10,690
10,690
other long term liabilities
-62,500
-57,292
218,750
share issue
20
104
interest
57,091
21,134
845
747
4,803
-49
-3,444
cash flow from financing
-5,409
-36,158
219,595
767
-5,887
-114,255
121,556
cash and cash equivalents
cash
-115,695
412,018
-223,602
419,992
-207,090
377,065
366,919
overdraft
change in cash
-115,695
412,018
-223,602
419,992
-207,090
377,065
366,919
precision facades ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for precision facades ltd. Get real-time insights into precision facades ltd's credit score, group structure and payment trends.
Perform a competitor analysis for precision facades ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in WA7 area or any other competitors across 12 key performance metrics.
precision facades ltd Ownership
PRECISION FACADES LTD group structure
Precision Facades Ltd has no subsidiary companies.
Ultimate parent company
PRECISION FACADES LTD
10235750
PRECISION FACADES LTD Shareholders
The largest shareholders in Precision Facades Ltd include Stephen Mcgowan and James Lovell.
stephen mcgowan
65%
james lovell
25%
kaili jayne mcgowan
10%
precision facades ltd directors
Precision Facades Ltd currently has 6 directors.
The longest serving directors include
Mr Stephen McGowan (Mar 2017) and
Mr James Lovell (Mar 2017).
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
incorporation date
June 2016
age
9
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
ELLIS & CO
auditor
-
address
unit b, priory court, chester road, runcorn, cheshire, WA7 3FR
Bank
-
Legal Advisor
-
precision facades 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 precision facades ltd.
precision facades 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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precision facades ltdCompanies House Filings - See Documents
