pioneer utilities limited
pioneer utilities limited Company Information
Company Number
12404953
Next Accounts
Mar 2025
Shareholders
telcom group limited
Group Structure
View All
Industry
Construction of utility projects for electricity and telecommunications
Registered Address
northstar, 135-141,, oldham street, manchester, M4 1LN
Website
-pioneer utilities limited Estimated Valuation
Pomanda estimates the enterprise value of PIONEER UTILITIES LIMITED at £1.6m based on a Turnover of £6.9m and 0.23x industry multiple (adjusted for size and gross margin).
pioneer utilities limited Estimated Valuation
Pomanda estimates the enterprise value of PIONEER UTILITIES LIMITED at £6.1m based on an EBITDA of £1.7m and a 3.52x industry multiple (adjusted for size and gross margin).
pioneer utilities limited Estimated Valuation
Pomanda estimates the enterprise value of PIONEER UTILITIES LIMITED at £206.8k based on Net Assets of £103.5k and 2x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Pioneer Utilities Limited Overview
Pioneer Utilities Limited is a live company located in manchester, M4 1LN with a Companies House number of 12404953. It operates in the construction of utility projects for electricity and telecommunications sector, SIC Code 42220. Founded in January 2020, it's largest shareholder is telcom group limited with a 100% stake. Pioneer Utilities Limited is a young, mid sized company, Pomanda has estimated its turnover at £6.9m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Pioneer Utilities Limited Health Check
Pomanda's financial health check has awarded Pioneer Utilities Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £6.9m, make it larger than the average company (£2.2m)
- Pioneer Utilities Limited
£2.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Pioneer Utilities Limited
- - Industry AVG
Production
with a gross margin of 29.8%, this company has a comparable cost of product (29.8%)
- Pioneer Utilities Limited
29.8% - Industry AVG
Profitability
an operating margin of 24.1% make it more profitable than the average company (14.4%)
- Pioneer Utilities Limited
14.4% - Industry AVG
Employees
with 7 employees, this is below the industry average (9)
7 - Pioneer Utilities Limited
9 - Industry AVG
Pay Structure
on an average salary of £53.3k, the company has an equivalent pay structure (£53.3k)
- Pioneer Utilities Limited
£53.3k - Industry AVG
Efficiency
resulting in sales per employee of £985.2k, this is more efficient (£250.8k)
- Pioneer Utilities Limited
£250.8k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (44 days)
- Pioneer Utilities Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 193 days, this is slower than average (34 days)
- Pioneer Utilities Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pioneer Utilities Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - Pioneer Utilities Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.3%, this is a higher level of debt than the average (77.9%)
96.3% - Pioneer Utilities Limited
77.9% - Industry AVG
PIONEER UTILITIES LIMITED financials
Pioneer Utilities Limited's latest turnover from June 2023 is estimated at £6.9 million and the company has net assets of £103.5 thousand. According to their latest financial statements, Pioneer Utilities Limited has 7 employees and maintains cash reserves of £5.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|
| 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 | 7 | 10 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|
| Tangible Assets | 2,368,367 | 638,669 | 876,184 |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 2,368,367 | 638,669 | 876,184 |
| Stock & work in progress | |||
| Trade Debtors | 69,874 | 621,497 | 25,585 |
| Group Debtors | 1,000 | ||
| Misc Debtors | 352,466 | 9,928 | 81,896 |
| Cash | 5,332 | 761 | 8,447 |
| misc current assets | |||
| total current assets | 427,672 | 632,186 | 116,928 |
| total assets | 2,796,039 | 1,270,855 | 993,112 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 2,569,019 | 2,078,094 | 560,280 |
| Group/Directors Accounts | |||
| other short term finances | 10,681 | 12,071 | 10,161 |
| hp & lease commitments | |||
| other current liabilities | 94,355 | 291,342 | 139,745 |
| total current liabilities | 2,674,055 | 2,381,507 | 710,186 |
| loans | 18,486 | 28,749 | 39,004 |
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | 4,959 | ||
| total long term liabilities | 18,486 | 28,749 | 43,963 |
| total liabilities | 2,692,541 | 2,410,256 | 754,149 |
| net assets | 103,498 | -1,139,401 | 238,963 |
| total shareholders funds | 103,498 | -1,139,401 | 238,963 |
| Jun 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 82,713 | 52,597 | 10,185 |
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | -209,085 | 522,944 | 108,481 |
| Creditors | 490,925 | 1,517,814 | 560,280 |
| Accruals and Deferred Income | -196,987 | 151,597 | 139,745 |
| Deferred Taxes & Provisions | -4,959 | 4,959 | |
| 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 | -1,390 | 1,910 | 10,161 |
| Long term loans | -10,263 | -10,255 | 39,004 |
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 4,571 | -7,686 | 8,447 |
| overdraft | |||
| change in cash | 4,571 | -7,686 | 8,447 |
pioneer utilities limited Credit Report and Business Information
Pioneer Utilities Limited Competitor Analysis
Perform a competitor analysis for pioneer utilities limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in M 4 area or any other competitors across 12 key performance metrics.
pioneer utilities limited Ownership
PIONEER UTILITIES LIMITED group structure
Pioneer Utilities Limited has no subsidiary companies.
pioneer utilities limited directors
Pioneer Utilities Limited currently has 2 directors. The longest serving directors include Mr Thomas Seddon (Nov 2023) and Mr Christopher Baldock (Dec 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Seddon | United Kingdom | 34 years | Nov 2023 | - | Director |
| Mr Christopher Baldock | England | 70 years | Dec 2024 | - | Director |
P&L
June 2023turnover
6.9m
-4%
operating profit
1.7m
0%
gross margin
29.8%
+12.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
103.5k
-1.09%
total assets
2.8m
+1.2%
cash
5.3k
+6.01%
net assets
Total assets minus all liabilities
pioneer utilities limited company details
company number
12404953
Type
Private limited with Share Capital
industry
42220 - Construction of utility projects for electricity and telecommunications
incorporation date
January 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
WILLIAMS & CROFT AUDIT LTD
auditor
-
address
northstar, 135-141,, oldham street, manchester, M4 1LN
Bank
-
Legal Advisor
-
pioneer utilities 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 pioneer utilities limited. Currently there are 4 open charges and 0 have been satisfied in the past.
pioneer utilities 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 PIONEER UTILITIES LIMITED. This can take several minutes, an email will notify you when this has completed.
pioneer utilities limited Companies House Filings - See Documents
| date | description | view/download |
|---|
