Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
c/o manchester cabins limited, tweedale way, oldham, lancashire, OL9 7LD
Website
-
portcullis oldham limitedEstimated Valuation
£23.5m
Pomanda estimates the enterprise value of PORTCULLIS OLDHAM LIMITED at £23.5m based on a Turnover of £13.1m and 1.79x industry multiple (adjusted for size and gross margin).
portcullis oldham limitedEstimated Valuation
£25.7m
Pomanda estimates the enterprise value of PORTCULLIS OLDHAM LIMITED at £25.7m based on an EBITDA of £3.4m and a 7.54x industry multiple (adjusted for size and gross margin).
portcullis oldham limitedEstimated Valuation
£24.7m
Pomanda estimates the enterprise value of PORTCULLIS OLDHAM LIMITED at £24.7m based on Net Assets of £19.4m and 1.27x industry multiple (adjusted for liquidity).
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Portcullis Oldham LimitedOverview
Portcullis Oldham Limited is a live company located in oldham, OL9 7LD with a Companies House number of 12488122. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in February 2020, it's largest shareholder is
luke rothwell & susan schofield
with a 51% stake. Portcullis Oldham Limited is a young,
mid sized company, Pomanda has estimated its turnover at
£13.1m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Portcullis Oldham Limited a 4.5 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
Health Rating4.5out of 5
5 Strong
0 Regular
6 Weak
Size
annual sales of £13.1m, make it smaller than the average company (£18.8m)
£13.1m - Portcullis Oldham Limited
£18.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Portcullis Oldham Limited
- - Industry AVG
Production
with a gross margin of 60.1%, this company has a lower cost of product (34.6%)
60.1% - Portcullis Oldham Limited
34.6% - Industry AVG
Profitability
an operating margin of 9.2% make it more profitable than the average company (4.7%)
9.2% - Portcullis Oldham Limited
4.7% - Industry AVG
Employees
with 47 employees, this is below the industry average (102)
47 - Portcullis Oldham Limited
102 - Industry AVG
Pay Structure
on an average salary of £61.3k, the company has a higher pay structure (£42.8k)
£61.3k - Portcullis Oldham Limited
£42.8k - Industry AVG
Efficiency
resulting in sales per employee of £279.1k, this is more efficient (£185.6k)
£279.1k - Portcullis Oldham Limited
£185.6k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is later than average (45 days)
56 days - Portcullis Oldham Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 89 days, this is slower than average (44 days)
89 days - Portcullis Oldham Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 77 days, this is more than average (38 days)
77 days - Portcullis Oldham Limited
38 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is less cash available to meet short term requirements (14 weeks)
3 weeks - Portcullis Oldham Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.7%, this is a lower level of debt than the average (68.9%)
58.7% - Portcullis Oldham Limited
68.9% - Industry AVG
PORTCULLIS OLDHAM LIMITED financials
EXPORT
Portcullis Oldham Limited's latest turnover from September 2023 is £13.1 million and the company has net assets of £19.4 million. According to their latest financial statements, Portcullis Oldham Limited has 47 employees and maintains cash reserves of £1.7 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Feb 2021
Turnover
13,119,187
13,117,431
Other Income Or Grants
Cost Of Sales
5,232,456
2,059,240
Gross Profit
7,886,731
11,058,191
Admin Expenses
6,679,738
7,203,042
Operating Profit
1,206,993
3,855,149
Interest Payable
384,171
5,823
Interest Receivable
20,522
8,875
Pre-Tax Profit
822,378
3,720,982
Tax
-744,626
-888,200
Profit After Tax
77,752
2,832,782
Dividends Paid
868,903
11,208,284
Retained Profit
-791,151
-8,375,502
Employee Costs
2,879,083
2,905,955
Number Of Employees
47
54
EBITDA*
3,403,402
5,846,812
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Feb 2021
Tangible Assets
23,049,600
21,590,631
Intangible Assets
43,566
130,697
Investments & Other
3,079,500
3,079,500
Debtors (Due After 1 year)
Total Fixed Assets
26,172,666
24,800,828
Stock & work in progress
1,113,432
1,465,099
Trade Debtors
2,016,721
2,477,624
Group Debtors
Misc Debtors
16,103,019
6,230,216
Cash
1,654,113
1,443,917
1
1
misc current assets
1,862,781
total current assets
20,887,285
13,479,637
1
1
total assets
47,059,951
38,280,465
1
1
Bank overdraft
Bank loan
9,890,625
Trade Creditors
1,283,300
661,863
Group/Directors Accounts
other short term finances
2,000,000
2,000,000
hp & lease commitments
other current liabilities
11,709,520
12,842,262
total current liabilities
24,883,445
15,504,125
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
2,737,687
2,546,370
total long term liabilities
2,737,687
2,546,370
total liabilities
27,621,132
18,050,495
net assets
19,438,819
20,229,970
1
1
total shareholders funds
19,438,819
20,229,970
1
1
Sep 2023
Sep 2022
Sep 2021
Feb 2021
Operating Activities
Operating Profit
1,206,993
3,855,149
Depreciation
2,109,278
1,904,532
Amortisation
87,131
87,131
Tax
-744,626
-888,200
Stock
-351,667
1,465,099
Debtors
9,411,900
8,707,840
Creditors
621,437
661,863
Accruals and Deferred Income
-1,132,742
12,842,262
Deferred Taxes & Provisions
191,317
2,546,370
Cash flow from operations
-6,721,445
10,836,168
Investing Activities
capital expenditure
Change in Investments
3,079,500
cash flow from investments
-3,079,500
Financing Activities
Bank loans
9,890,625
Group/Directors Accounts
Other Short Term Loans
2,000,000
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
28,605,471
1
1
interest
-363,649
3,052
cash flow from financing
9,526,976
30,608,523
1
1
cash and cash equivalents
cash
210,196
1,443,916
1
1
overdraft
change in cash
210,196
1,443,916
1
1
portcullis oldham limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for portcullis oldham limited. Get real-time insights into portcullis oldham limited's credit score, group structure and payment trends.
Perform a competitor analysis for portcullis oldham limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in OL9 area or any other competitors across 12 key performance metrics.
portcullis oldham limited Ownership
PORTCULLIS OLDHAM LIMITED group structure
Portcullis Oldham Limited has 2 subsidiary companies.
The largest shareholders in Portcullis Oldham Limited include Luke Rothwell & Susan Schofield and The Mills Hollinwood Ltd.
luke rothwell & susan schofield
50.98%
the mills hollinwood ltd
21.57%
frank rothwell
13.73%
judith rothwell
13.73%
portcullis oldham limited directors
Portcullis Oldham Limited currently has 2 directors.
The longest serving directors include
Mr Luke Rothwell (May 2021) and
Ms Susan Schofield (Nov 2021).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023
net assets
19.4m
-0.04%
total assets
47.1m
+0.23%
cash
1.7m
+0.15%
net assets
Total assets minus all liabilities
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portcullis oldham limited company details
company number
12488122
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
February 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
September 2023
previous names
groco 502 limited (October 2023)
accountant
-
auditor
ARMSTRONG WATSON AUDIT LIMITED
address
c/o manchester cabins limited, tweedale way, oldham, lancashire, OL9 7LD
Bank
-
Legal Advisor
-
portcullis oldham 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 1 charges/mortgages relating to portcullis oldham limited. Currently there are 1 open charges and 0 have been satisfied in the past.
portcullis oldham 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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portcullis oldham limitedCompanies House Filings - See Documents
