pencaster limited
pencaster limited Company Information
Company Number
10992123
Next Accounts
Aug 2025
Shareholders
gary joyce
craig lee allen
View AllGroup Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
wessyngton house, industrial road, washington, tyne & wear, NE37 2SA
pencaster limited Estimated Valuation
Pomanda estimates the enterprise value of PENCASTER LIMITED at £122.5m based on a Turnover of £55.6m and 2.2x industry multiple (adjusted for size and gross margin).
pencaster limited Estimated Valuation
Pomanda estimates the enterprise value of PENCASTER LIMITED at £100.3m based on an EBITDA of £11m and a 9.14x industry multiple (adjusted for size and gross margin).
pencaster limited Estimated Valuation
Pomanda estimates the enterprise value of PENCASTER LIMITED at £22.7m based on Net Assets of £16.9m and 1.34x industry multiple (adjusted for liquidity).
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Pencaster Limited Overview
Pencaster Limited is a live company located in washington, NE37 2SA with a Companies House number of 10992123. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in October 2017, it's largest shareholder is gary joyce with a 25% stake. Pencaster Limited is a young, large sized company, Pomanda has estimated its turnover at £55.6m with high growth in recent years.
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Pencaster Limited Health Check
Pomanda's financial health check has awarded Pencaster Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
5 Regular
1 Weak
Size
annual sales of £55.6m, make it larger than the average company (£18.9m)
£55.6m - Pencaster Limited
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (9.4%)
17% - Pencaster Limited
9.4% - Industry AVG
Production
with a gross margin of 27.9%, this company has a comparable cost of product (34.7%)
27.9% - Pencaster Limited
34.7% - Industry AVG
Profitability
an operating margin of 17.3% make it more profitable than the average company (4.6%)
17.3% - Pencaster Limited
4.6% - Industry AVG
Employees
with 286 employees, this is above the industry average (102)
286 - Pencaster Limited
102 - Industry AVG
Pay Structure
on an average salary of £35.3k, the company has an equivalent pay structure (£43k)
£35.3k - Pencaster Limited
£43k - Industry AVG
Efficiency
resulting in sales per employee of £194.6k, this is equally as efficient (£187.2k)
£194.6k - Pencaster Limited
£187.2k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is later than average (45 days)
74 days - Pencaster Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 67 days, this is slower than average (45 days)
67 days - Pencaster Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 44 days, this is in line with average (38 days)
44 days - Pencaster Limited
38 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is average cash available to meet short term requirements (14 weeks)
16 weeks - Pencaster Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.4%, this is a lower level of debt than the average (69%)
49.4% - Pencaster Limited
69% - Industry AVG
PENCASTER LIMITED financials
Pencaster Limited's latest turnover from November 2023 is £55.6 million and the company has net assets of £16.9 million. According to their latest financial statements, Pencaster Limited has 286 employees and maintains cash reserves of £4.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 55,646,933 | 49,366,366 | 38,960,830 | 34,917,751 | ||
| Other Income Or Grants | ||||||
| Cost Of Sales | 40,129,375 | 36,145,206 | 30,115,743 | 27,669,086 | ||
| Gross Profit | 15,517,558 | 13,221,160 | 8,845,087 | 7,248,665 | ||
| Admin Expenses | 5,906,719 | 4,725,413 | 5,321,158 | 4,828,064 | ||
| Operating Profit | 9,610,839 | 8,495,747 | 3,523,929 | 2,420,601 | ||
| Interest Payable | 118,534 | 90,847 | 153,250 | 240,278 | ||
| Interest Receivable | 113,434 | |||||
| Pre-Tax Profit | 9,605,739 | 8,404,900 | 3,370,679 | 2,180,323 | ||
| Tax | -2,400,350 | -1,707,077 | -936,419 | -475,972 | ||
| Profit After Tax | 7,205,389 | 6,697,823 | 2,434,260 | 1,704,351 | ||
| Dividends Paid | 2,787,126 | 457,217 | 193,681 | 269,061 | ||
| Retained Profit | 4,418,263 | 6,240,606 | 2,240,579 | 1,435,290 | ||
| Employee Costs | 10,084,838 | 9,543,185 | 8,975,424 | 9,512,530 | ||
| Number Of Employees | 286 | 290 | 295 | 321 | ||
| EBITDA* | 10,967,425 | 9,668,661 | 4,956,620 | 3,789,286 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 11,654,527 | 7,404,784 | 6,948,844 | 7,754,583 | ||
| Intangible Assets | 492,857 | 985,716 | 1,478,575 | 1,971,434 | ||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 12,147,384 | 8,390,500 | 8,427,419 | 9,726,017 | ||
| Stock & work in progress | 4,946,757 | 5,629,562 | 3,851,186 | 2,966,352 | ||
| Trade Debtors | 11,429,014 | 10,867,397 | 8,749,799 | 8,351,510 | ||
| Group Debtors | 22,590 | 40,741 | ||||
| Misc Debtors | 555,376 | 556,142 | 469,414 | 454,604 | ||
| Cash | 4,408,637 | 1,355,624 | 365,645 | 359,136 | 3 | |
| misc current assets | ||||||
| total current assets | 21,362,374 | 18,449,466 | 13,436,044 | 12,131,602 | 3 | |
| total assets | 33,509,758 | 26,839,966 | 21,863,463 | 21,857,619 | 3 | |
| Bank overdraft | ||||||
| Bank loan | 83,402 | 521,655 | 649,655 | |||
| Trade Creditors | 7,401,967 | 7,486,041 | 5,720,299 | 4,058,307 | ||
| Group/Directors Accounts | 836,083 | 1,992,400 | ||||
| other short term finances | 3,535,719 | |||||
| hp & lease commitments | 906,897 | 355,078 | 230,218 | 189,692 | ||
| other current liabilities | 5,697,398 | 3,966,376 | 3,508,610 | 4,508,007 | ||
| total current liabilities | 14,089,664 | 12,329,150 | 10,944,865 | 14,284,125 | ||
| loans | 73,802 | 1,628,584 | 838,231 | |||
| hp & lease commitments | 1,040,772 | 648,854 | 340,318 | 122,057 | ||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | 1,432,475 | 1,259,576 | 923,821 | 808,629 | ||
| total long term liabilities | 2,473,247 | 1,982,232 | 2,892,723 | 1,768,917 | ||
| total liabilities | 16,562,911 | 14,311,382 | 13,837,588 | 16,053,042 | ||
| net assets | 16,946,847 | 12,528,584 | 8,025,875 | 5,804,577 | 3 | |
| total shareholders funds | 16,946,847 | 12,528,584 | 8,025,875 | 5,804,577 | 3 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 9,610,839 | 8,495,747 | 3,523,929 | 2,420,601 | ||
| Depreciation | 863,727 | 680,055 | 939,832 | 875,826 | ||
| Amortisation | 492,859 | 492,859 | 492,859 | 492,859 | ||
| Tax | -2,400,350 | -1,707,077 | -936,419 | -475,972 | ||
| Stock | -682,805 | 1,778,376 | 884,834 | 2,966,352 | ||
| Debtors | 542,700 | 2,245,067 | 413,099 | 8,806,114 | ||
| Creditors | -84,074 | 1,765,742 | 1,661,992 | 4,058,307 | ||
| Accruals and Deferred Income | 1,731,022 | 457,766 | -999,397 | 4,508,007 | ||
| Deferred Taxes & Provisions | 172,899 | 335,755 | 115,192 | 808,629 | ||
| Cash flow from operations | 10,527,027 | 6,497,404 | 3,500,055 | 915,791 | ||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | -438,253 | -128,000 | 649,655 | |||
| Group/Directors Accounts | -836,083 | -1,156,317 | 1,992,400 | |||
| Other Short Term Loans | -3,535,719 | 3,535,719 | ||||
| Long term loans | -73,802 | -1,554,782 | 790,353 | 838,231 | ||
| Hire Purchase and Lease Commitments | 943,737 | 433,396 | 258,787 | 311,749 | ||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | -5,100 | -90,847 | -153,250 | -240,278 | ||
| cash flow from financing | 426,582 | -3,914,213 | -3,165,772 | 10,807,105 | 3 | |
| cash and cash equivalents | ||||||
| cash | 3,053,013 | 989,979 | 6,509 | 359,133 | 3 | |
| overdraft | ||||||
| change in cash | 3,053,013 | 989,979 | 6,509 | 359,133 | 3 |
pencaster limited Credit Report and Business Information
Pencaster Limited Competitor Analysis
Perform a competitor analysis for pencaster limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in NE37 area or any other competitors across 12 key performance metrics.
pencaster limited Ownership
PENCASTER LIMITED group structure
Pencaster Limited has 3 subsidiary companies.
Ultimate parent company
PENCASTER LIMITED
10992123
3 subsidiaries
pencaster limited directors
Pencaster Limited currently has 4 directors. The longest serving directors include Mr Gary Joyce (Oct 2017) and Mr Craig Allen (Oct 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Joyce | 40 years | Oct 2017 | - | Director | |
| Mr Craig Allen | 42 years | Oct 2017 | - | Director | |
| Mr Mark Eyeington | 50 years | Oct 2017 | - | Director | |
| Mr David Cooper | 49 years | Dec 2019 | - | Director |
P&L
November 2023turnover
55.6m
+13%
operating profit
9.6m
+13%
gross margin
27.9%
+4.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
16.9m
+0.35%
total assets
33.5m
+0.25%
cash
4.4m
+2.25%
net assets
Total assets minus all liabilities
Similar Companies
pencaster limited company details
company number
10992123
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
October 2017
age
8
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
BROWN BUTLER
address
wessyngton house, industrial road, washington, tyne & wear, NE37 2SA
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
pencaster 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 pencaster limited. Currently there are 1 open charges and 1 have been satisfied in the past.
pencaster 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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pencaster limited Companies House Filings - See Documents
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