pg2019 limited
pg2019 limited Company Information
Company Number
11628610
Next Accounts
Jan 2026
Shareholders
four (holdings) ltd
Group Structure
View All
Industry
Wholesale of clothing and footwear
+2Registered Address
6-10 market road, london, N7 9PW
Website
https://www.jdplc.compg2019 limited Estimated Valuation
Pomanda estimates the enterprise value of PG2019 LIMITED at £4.7m based on a Turnover of £9.8m and 0.48x industry multiple (adjusted for size and gross margin).
pg2019 limited Estimated Valuation
Pomanda estimates the enterprise value of PG2019 LIMITED at £0 based on an EBITDA of £-369.3k and a 4.97x industry multiple (adjusted for size and gross margin).
pg2019 limited Estimated Valuation
Pomanda estimates the enterprise value of PG2019 LIMITED at £5.6m based on Net Assets of £2.6m and 2.17x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Pg2019 Limited Overview
Pg2019 Limited is a live company located in london, N7 9PW with a Companies House number of 11628610. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in October 2018, it's largest shareholder is four (holdings) ltd with a 100% stake. Pg2019 Limited is a young, mid sized company, Pomanda has estimated its turnover at £9.8m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Pg2019 Limited Health Check
Pomanda's financial health check has awarded Pg2019 Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £9.8m, make it in line with the average company (£10.1m)
£9.8m - Pg2019 Limited
£10.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (9.2%)
-9% - Pg2019 Limited
9.2% - Industry AVG
Production
with a gross margin of 44%, this company has a comparable cost of product (39%)
44% - Pg2019 Limited
39% - Industry AVG
Profitability
an operating margin of -5.6% make it less profitable than the average company (3.8%)
-5.6% - Pg2019 Limited
3.8% - Industry AVG
Employees
with 39 employees, this is similar to the industry average (44)
39 - Pg2019 Limited
44 - Industry AVG
Pay Structure
on an average salary of £47.2k, the company has a higher pay structure (£32k)
£47.2k - Pg2019 Limited
£32k - Industry AVG
Efficiency
resulting in sales per employee of £252.2k, this is more efficient (£207.7k)
£252.2k - Pg2019 Limited
£207.7k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (23 days)
5 days - Pg2019 Limited
23 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is slower than average (32 days)
44 days - Pg2019 Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 70 days, this is less than average (115 days)
70 days - Pg2019 Limited
115 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 32 weeks, this is more cash available to meet short term requirements (15 weeks)
32 weeks - Pg2019 Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.3%, this is a lower level of debt than the average (66%)
27.3% - Pg2019 Limited
66% - Industry AVG
PG2019 LIMITED financials
Pg2019 Limited's latest turnover from April 2024 is £9.8 million and the company has net assets of £2.6 million. According to their latest financial statements, Pg2019 Limited has 39 employees and maintains cash reserves of £552.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Jan 2022 | Jan 2021 | Feb 2020 | |
|---|---|---|---|---|---|
| Turnover | 9,835,384 | 15,631,932 | 12,687,000 | 12,984,000 | 13,521,000 |
| Other Income Or Grants | |||||
| Cost Of Sales | 5,510,949 | 8,603,827 | 6,692,000 | 6,202,000 | 6,044,000 |
| Gross Profit | 4,324,435 | 7,028,105 | 5,995,000 | 6,782,000 | 7,477,000 |
| Admin Expenses | 4,873,582 | 3,405,653 | 5,836,000 | 5,770,000 | 5,675,000 |
| Operating Profit | -549,147 | 3,622,452 | 159,000 | 1,012,000 | 1,802,000 |
| Interest Payable | 91,452 | 84,000 | 186,000 | 157,000 | |
| Interest Receivable | |||||
| Pre-Tax Profit | -3,328,822 | 3,531,000 | 75,000 | 826,000 | 1,645,000 |
| Tax | 326,744 | 13,000 | -16,000 | -159,000 | -313,000 |
| Profit After Tax | -3,002,078 | 3,544,000 | 59,000 | 667,000 | 1,332,000 |
| Dividends Paid | |||||
| Retained Profit | -3,002,078 | 3,544,000 | 59,000 | 667,000 | 1,332,000 |
| Employee Costs | 1,842,564 | 2,738,230 | 1,902,000 | 2,202,000 | 2,081,000 |
| Number Of Employees | 39 | 47 | 31 | 35 | 51 |
| EBITDA* | -369,274 | 3,847,727 | 629,000 | 1,415,000 | 2,015,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Jan 2022 | Jan 2021 | Feb 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 228,297 | 540,000 | 643,000 | 814,000 | |
| Intangible Assets | 297,152 | 3,357,000 | 3,443,000 | 3,539,000 | |
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 525,449 | 3,897,000 | 4,086,000 | 4,353,000 | |
| Stock & work in progress | 1,058,561 | 2,737,278 | 2,918,000 | 1,971,000 | 2,856,000 |
| Trade Debtors | 147,433 | 321,833 | 757,000 | 427,000 | 539,000 |
| Group Debtors | 1,215,367 | 41,000 | 315,000 | 10,000 | 20,000 |
| Misc Debtors | 604,300 | 417,435 | 299,000 | 238,000 | 160,000 |
| Cash | 552,815 | 3,623,000 | 2,631,000 | 2,622,000 | 2,141,000 |
| misc current assets | |||||
| total current assets | 3,578,476 | 7,140,546 | 6,920,000 | 5,268,000 | 5,716,000 |
| total assets | 3,578,476 | 7,665,995 | 10,817,000 | 9,354,000 | 10,069,000 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 672,835 | 464,000 | 467,000 | 320,000 | 1,064,000 |
| Group/Directors Accounts | 5,164,000 | 4,134,000 | 2,007,000 | ||
| other short term finances | |||||
| hp & lease commitments | 183,000 | 123,000 | 123,000 | ||
| other current liabilities | 205,619 | 1,599,895 | 2,680,000 | 2,327,000 | 2,809,000 |
| total current liabilities | 878,454 | 2,063,895 | 8,494,000 | 6,904,000 | 6,003,000 |
| loans | 2,167,000 | ||||
| hp & lease commitments | 252,000 | 436,000 | 557,000 | ||
| Accruals and Deferred Income | |||||
| other liabilities | 10,000 | ||||
| provisions | 100,000 | 13,000 | 15,000 | ||
| total long term liabilities | 100,000 | 265,000 | 451,000 | 2,734,000 | |
| total liabilities | 978,454 | 2,063,895 | 8,759,000 | 7,355,000 | 8,737,000 |
| net assets | 2,600,022 | 5,602,100 | 2,058,000 | 1,999,000 | 1,332,000 |
| total shareholders funds | 2,600,022 | 5,602,100 | 2,058,000 | 1,999,000 | 1,332,000 |
| Apr 2024 | Apr 2023 | Jan 2022 | Jan 2021 | Feb 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | -549,147 | 3,622,452 | 159,000 | 1,012,000 | 1,802,000 |
| Depreciation | 49,228 | 222,000 | 302,000 | 235,000 | 73,000 |
| Amortisation | 130,645 | 3,275 | 168,000 | 168,000 | 140,000 |
| Tax | 326,744 | 13,000 | -16,000 | -159,000 | -313,000 |
| Stock | -1,678,717 | -180,722 | 947,000 | -885,000 | 2,856,000 |
| Debtors | 1,186,832 | -590,732 | 696,000 | -44,000 | 719,000 |
| Creditors | 208,835 | -3,000 | 147,000 | -744,000 | 1,064,000 |
| Accruals and Deferred Income | -1,394,276 | -1,080,105 | 353,000 | -482,000 | 2,809,000 |
| Deferred Taxes & Provisions | 100,000 | -13,000 | -2,000 | 15,000 | |
| Cash flow from operations | -636,086 | 3,536,076 | -532,000 | 974,000 | 2,000,000 |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | -5,164,000 | 1,030,000 | 2,127,000 | 2,007,000 | |
| Other Short Term Loans | |||||
| Long term loans | -2,167,000 | 2,167,000 | |||
| Hire Purchase and Lease Commitments | -435,000 | -124,000 | -121,000 | 680,000 | |
| other long term liabilities | -10,000 | 10,000 | |||
| share issue | |||||
| interest | -91,452 | -84,000 | -186,000 | -157,000 | |
| cash flow from financing | -5,690,352 | 822,000 | -357,000 | 4,707,000 | |
| cash and cash equivalents | |||||
| cash | -3,070,185 | 992,000 | 9,000 | 481,000 | 2,141,000 |
| overdraft | |||||
| change in cash | -3,070,185 | 992,000 | 9,000 | 481,000 | 2,141,000 |
pg2019 limited Credit Report and Business Information
Pg2019 Limited Competitor Analysis
Perform a competitor analysis for pg2019 limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in N 7 area or any other competitors across 12 key performance metrics.
pg2019 limited Ownership
PG2019 LIMITED group structure
Pg2019 Limited has no subsidiary companies.
pg2019 limited directors
Pg2019 Limited currently has 2 directors. The longest serving directors include Mr Benjamin Banks (Dec 2023) and Mr Cyril Williams (Dec 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Benjamin Banks | United Kingdom | 55 years | Dec 2023 | - | Director |
| Mr Cyril Williams | England | 60 years | Dec 2023 | - | Director |
P&L
April 2024turnover
9.8m
-37%
operating profit
-549.1k
-115%
gross margin
44%
-2.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
2.6m
-0.54%
total assets
3.6m
-0.53%
cash
552.8k
-0.85%
net assets
Total assets minus all liabilities
pg2019 limited company details
company number
11628610
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
46420 - Wholesale of clothing and footwear
47710 - Retail sale of clothing in specialised stores
incorporation date
October 2018
age
7
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
April 2024
previous names
outdoor cycling limited (March 2019)
accountant
-
auditor
HILLIER HOPKINS LLP
address
6-10 market road, london, N7 9PW
Bank
-
Legal Advisor
-
pg2019 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 4 charges/mortgages relating to pg2019 limited. Currently there are 2 open charges and 2 have been satisfied in the past.
pg2019 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 PG2019 LIMITED. This can take several minutes, an email will notify you when this has completed.
pg2019 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
