n & n plant hire services limited
n & n plant hire services limited Company Information
Company Number
11632555
Website
nnplanthireservices.comRegistered Address
bode business park, ball haye green, leek, staffordshire, ST13 6BW
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
01773835900
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
key plant automation limited 100%
n & n plant hire services limited Estimated Valuation
Pomanda estimates the enterprise value of N & N PLANT HIRE SERVICES LIMITED at £176.2k based on a Turnover of £735.2k and 0.24x industry multiple (adjusted for size and gross margin).
n & n plant hire services limited Estimated Valuation
Pomanda estimates the enterprise value of N & N PLANT HIRE SERVICES LIMITED at £148.3k based on an EBITDA of £50.7k and a 2.93x industry multiple (adjusted for size and gross margin).
n & n plant hire services limited Estimated Valuation
Pomanda estimates the enterprise value of N & N PLANT HIRE SERVICES LIMITED at £767.9k based on Net Assets of £395k and 1.94x industry multiple (adjusted for liquidity).
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N & N Plant Hire Services Limited Overview
N & N Plant Hire Services Limited is a live company located in leek, ST13 6BW with a Companies House number of 11632555. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in October 2018, it's largest shareholder is key plant automation limited with a 100% stake. N & N Plant Hire Services Limited is a young, small sized company, Pomanda has estimated its turnover at £735.2k with high growth in recent years.
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N & N Plant Hire Services Limited Health Check
Pomanda's financial health check has awarded N & N Plant Hire Services Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £735.2k, make it smaller than the average company (£5.8m)
- N & N Plant Hire Services Limited
£5.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (6.2%)
- N & N Plant Hire Services Limited
6.2% - Industry AVG
Production
with a gross margin of 13.4%, this company has a higher cost of product (24.1%)
- N & N Plant Hire Services Limited
24.1% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (5.5%)
- N & N Plant Hire Services Limited
5.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (29)
3 - N & N Plant Hire Services Limited
29 - Industry AVG
Pay Structure
on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)
- N & N Plant Hire Services Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £245.1k, this is more efficient (£181.6k)
- N & N Plant Hire Services Limited
£181.6k - Industry AVG
Debtor Days
it gets paid by customers after 121 days, this is later than average (57 days)
- N & N Plant Hire Services Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 105 days, this is slower than average (38 days)
- N & N Plant Hire Services Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (13 days)
- N & N Plant Hire Services Limited
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (19 weeks)
13 weeks - N & N Plant Hire Services Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.4%, this is a lower level of debt than the average (62.9%)
41.4% - N & N Plant Hire Services Limited
62.9% - Industry AVG
n & n plant hire services limited Credit Report and Business Information
N & N Plant Hire Services Limited Competitor Analysis
Perform a competitor analysis for n & n plant hire services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
n & n plant hire services limited Ownership
N & N PLANT HIRE SERVICES LIMITED group structure
N & N Plant Hire Services Limited has no subsidiary companies.
Ultimate parent company
2 parents
N & N PLANT HIRE SERVICES LIMITED
11632555
n & n plant hire services limited directors
N & N Plant Hire Services Limited currently has 3 directors. The longest serving directors include Mr Nicholas Fitzpatrick (Oct 2018) and Mr Ross McCrorie (Apr 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Fitzpatrick | United Kingdom | 63 years | Oct 2018 | - | Director |
| Mr Ross McCrorie | United Kingdom | 46 years | Apr 2023 | - | Director |
| Mr Jon Grigg | England | 51 years | Sep 2023 | - | Director |
N & N PLANT HIRE SERVICES LIMITED financials
N & N Plant Hire Services Limited's latest turnover from March 2023 is estimated at £735.2 thousand and the company has net assets of £395 thousand. According to their latest financial statements, N & N Plant Hire Services Limited has 3 employees and maintains cash reserves of £48.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| 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 | 3 | 2 | 3 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 376,289 | 337,917 | 295,185 | 187,502 | 76,176 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 376,289 | 337,917 | 295,185 | 187,502 | 76,176 |
| Stock & work in progress | 4,000 | 8,000 | 8,000 | 8,000 | 0 |
| Trade Debtors | 245,535 | 166,133 | 143,823 | 146,108 | 195,140 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 3,015 | 100,130 | 1,250 |
| Cash | 48,090 | 56,086 | 41,306 | 21,366 | 51,909 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 297,625 | 230,219 | 196,144 | 275,604 | 248,299 |
| total assets | 673,914 | 568,136 | 491,329 | 463,106 | 324,475 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 184,840 | 185,325 | 98,790 | 115,828 | 64,420 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 14,108 | 0 | 0 |
| other current liabilities | 0 | 0 | 28,599 | 47,774 | 72,474 |
| total current liabilities | 184,840 | 185,325 | 141,497 | 163,602 | 136,894 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 11,999 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 94,072 | 0 | 0 | 0 | 0 |
| total long term liabilities | 94,072 | 0 | 11,999 | 0 | 0 |
| total liabilities | 278,912 | 185,325 | 153,496 | 163,602 | 136,894 |
| net assets | 395,002 | 382,811 | 337,833 | 299,504 | 187,581 |
| total shareholders funds | 395,002 | 382,811 | 337,833 | 299,504 | 187,581 |
| Mar 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 37,841 | 112,639 | 98,394 | 62,501 | 25,392 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | -4,000 | 0 | 0 | 8,000 | 0 |
| Debtors | 79,402 | 19,295 | -99,400 | 49,848 | 196,390 |
| Creditors | -485 | 86,535 | -17,038 | 51,408 | 64,420 |
| Accruals and Deferred Income | 0 | -28,599 | -19,175 | -24,700 | 72,474 |
| Deferred Taxes & Provisions | 94,072 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -26,107 | 26,107 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -7,996 | 14,780 | 19,940 | -30,543 | 51,909 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -7,996 | 14,780 | 19,940 | -30,543 | 51,909 |
P&L
March 2023turnover
735.2k
+29%
operating profit
12.8k
0%
gross margin
13.4%
+1.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
395k
+0.03%
total assets
673.9k
+0.19%
cash
48.1k
-0.14%
net assets
Total assets minus all liabilities
n & n plant hire services limited company details
company number
11632555
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
October 2018
age
6
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
bode business park, ball haye green, leek, staffordshire, ST13 6BW
last accounts submitted
March 2023
n & n plant hire services 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 did not find charges/mortgages relating to n & n plant hire services limited.
n & n plant hire services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
