mullan plumbing & heating ltd
mullan plumbing & heating ltd Company Information
Group Structure
View All
Industry
Plumbing, heat and air-conditioning installation
Registered Address
finlayson & co, whitby court, abbey road, huddersfield, HD8 8EL
Website
-mullan plumbing & heating ltd Estimated Valuation
Pomanda estimates the enterprise value of MULLAN PLUMBING & HEATING LTD at £64.3k based on a Turnover of £130.7k and 0.49x industry multiple (adjusted for size and gross margin).
mullan plumbing & heating ltd Estimated Valuation
Pomanda estimates the enterprise value of MULLAN PLUMBING & HEATING LTD at £0 based on an EBITDA of £-24.3k and a 4.16x industry multiple (adjusted for size and gross margin).
mullan plumbing & heating ltd Estimated Valuation
Pomanda estimates the enterprise value of MULLAN PLUMBING & HEATING LTD at £159.6k based on Net Assets of £56.5k and 2.83x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mullan Plumbing & Heating Ltd Overview
Mullan Plumbing & Heating Ltd is a live company located in huddersfield, HD8 8EL with a Companies House number of 10524610. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in December 2016, it's largest shareholder is adam mullan with a 100% stake. Mullan Plumbing & Heating Ltd is a young, micro sized company, Pomanda has estimated its turnover at £130.7k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Mullan Plumbing & Heating Ltd Health Check
Pomanda's financial health check has awarded Mullan Plumbing & Heating Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
6 Weak
Size
annual sales of £130.7k, make it smaller than the average company (£386k)
- Mullan Plumbing & Heating Ltd
£386k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a similar rate (11.5%)
- Mullan Plumbing & Heating Ltd
11.5% - Industry AVG
Production
with a gross margin of 29.1%, this company has a comparable cost of product (29.1%)
- Mullan Plumbing & Heating Ltd
29.1% - Industry AVG
Profitability
an operating margin of -22.8% make it less profitable than the average company (5.7%)
- Mullan Plumbing & Heating Ltd
5.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Mullan Plumbing & Heating Ltd
4 - Industry AVG
Pay Structure
on an average salary of £32.8k, the company has an equivalent pay structure (£32.8k)
- Mullan Plumbing & Heating Ltd
£32.8k - Industry AVG
Efficiency
resulting in sales per employee of £65.3k, this is less efficient (£115.5k)
- Mullan Plumbing & Heating Ltd
£115.5k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (52 days)
- Mullan Plumbing & Heating Ltd
52 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (46 days)
- Mullan Plumbing & Heating Ltd
46 days - Industry AVG
Stock Days
it holds stock equivalent to 78 days, this is more than average (12 days)
- Mullan Plumbing & Heating Ltd
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is average cash available to meet short term requirements (20 weeks)
17 weeks - Mullan Plumbing & Heating Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.1%, this is a lower level of debt than the average (63.4%)
43.1% - Mullan Plumbing & Heating Ltd
63.4% - Industry AVG
MULLAN PLUMBING & HEATING LTD financials
Mullan Plumbing & Heating Ltd's latest turnover from March 2024 is estimated at £130.7 thousand and the company has net assets of £56.5 thousand. According to their latest financial statements, Mullan Plumbing & Heating Ltd has 2 employees and maintains cash reserves of £14.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 3 | 2 | 3 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 33,484 | 25,160 | 34,614 | 1,257 | 1,204 | 1,885 | 5,000 |
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 33,484 | 25,160 | 34,614 | 1,257 | 1,204 | 1,885 | 5,000 |
| Stock & work in progress | 20,000 | 2,850 | 3,350 | 3,350 | 3,350 | 3,350 | |
| Trade Debtors | 9,395 | 24,311 | 19,592 | 9,216 | 11,577 | 19,004 | 2,000 |
| Group Debtors | |||||||
| Misc Debtors | 20,166 | 7,564 | 10,359 | 9,997 | 10,469 | 5,129 | |
| Cash | 14,398 | 43,608 | 5,100 | 26,894 | 8,099 | 9,360 | |
| misc current assets | 1,775 | 1,565 | |||||
| total current assets | 65,734 | 78,333 | 39,966 | 49,457 | 33,495 | 36,843 | 2,000 |
| total assets | 99,218 | 103,493 | 74,580 | 50,714 | 34,699 | 38,728 | 7,000 |
| Bank overdraft | 17 | ||||||
| Bank loan | |||||||
| Trade Creditors | 6,106 | 1,489 | 2,972 | 6,711 | 8,496 | 7,579 | 4,500 |
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | 3,659 | ||||||
| other current liabilities | 36,633 | 17,278 | 1,211 | 12,238 | 5,567 | 8,627 | |
| total current liabilities | 42,739 | 18,767 | 7,842 | 18,949 | 14,063 | 16,223 | 4,500 |
| loans | |||||||
| hp & lease commitments | 10,566 | ||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | 10,566 | ||||||
| total liabilities | 42,739 | 18,767 | 18,408 | 18,949 | 14,063 | 16,223 | 4,500 |
| net assets | 56,479 | 84,726 | 56,172 | 31,765 | 20,636 | 22,505 | 2,500 |
| total shareholders funds | 56,479 | 84,726 | 56,172 | 31,765 | 20,636 | 22,505 | 2,500 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 5,519 | 9,834 | 4,371 | 589 | 681 | ||
| Amortisation | |||||||
| Tax | |||||||
| Stock | 17,150 | -500 | 3,350 | ||||
| Debtors | -2,314 | 1,924 | 10,738 | -2,833 | -2,087 | 22,133 | 2,000 |
| Creditors | 4,617 | -1,483 | -3,739 | -1,785 | 917 | 3,079 | 4,500 |
| Accruals and Deferred Income | 19,355 | 16,067 | -11,027 | 6,671 | -3,060 | 8,627 | |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | -14,225 | 14,225 | |||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -29,210 | 38,508 | -21,794 | 18,795 | -1,261 | 9,360 | |
| overdraft | -17 | 17 | |||||
| change in cash | -29,210 | 38,508 | -21,794 | 18,795 | -1,244 | 9,343 |
mullan plumbing & heating ltd Credit Report and Business Information
Mullan Plumbing & Heating Ltd Competitor Analysis
Perform a competitor analysis for mullan plumbing & heating ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in HD8 area or any other competitors across 12 key performance metrics.
mullan plumbing & heating ltd Ownership
MULLAN PLUMBING & HEATING LTD group structure
Mullan Plumbing & Heating Ltd has no subsidiary companies.
Ultimate parent company
MULLAN PLUMBING & HEATING LTD
10524610
mullan plumbing & heating ltd directors
Mullan Plumbing & Heating Ltd currently has 1 director, Mr Adam Mullan serving since Dec 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Mullan | United Kingdom | 41 years | Dec 2016 | - | Director |
P&L
March 2024turnover
130.7k
+9%
operating profit
-29.8k
0%
gross margin
29.2%
+5.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
56.5k
-0.33%
total assets
99.2k
-0.04%
cash
14.4k
-0.67%
net assets
Total assets minus all liabilities
mullan plumbing & heating ltd company details
company number
10524610
Type
Private limited with Share Capital
industry
43220 - Plumbing, heat and air-conditioning installation
incorporation date
December 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
FINLAYSON & CO
auditor
-
address
finlayson & co, whitby court, abbey road, huddersfield, HD8 8EL
Bank
-
Legal Advisor
-
mullan plumbing & heating 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 mullan plumbing & heating ltd.
mullan plumbing & heating 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.
Click to start generating capital raising & share issue transactions for MULLAN PLUMBING & HEATING LTD. This can take several minutes, an email will notify you when this has completed.
mullan plumbing & heating ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
