plan b technical solutions limited
plan b technical solutions limited Company Information
Company Number
12619143
Next Accounts
Feb 2025
Shareholders
lee richard hewitt
andrew nicholas britnell
Group Structure
View All
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Registered Address
bystock hayes old bystock drive, bystock, exmouth, devon, EX8 5EQ
Website
-plan b technical solutions limited Estimated Valuation
Pomanda estimates the enterprise value of PLAN B TECHNICAL SOLUTIONS LIMITED at £68.1k based on a Turnover of £171.3k and 0.4x industry multiple (adjusted for size and gross margin).
plan b technical solutions limited Estimated Valuation
Pomanda estimates the enterprise value of PLAN B TECHNICAL SOLUTIONS LIMITED at £51k based on an EBITDA of £13.7k and a 3.73x industry multiple (adjusted for size and gross margin).
plan b technical solutions limited Estimated Valuation
Pomanda estimates the enterprise value of PLAN B TECHNICAL SOLUTIONS LIMITED at £6.5k based on Net Assets of £3k and 2.21x industry multiple (adjusted for liquidity).
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Plan B Technical Solutions Limited Overview
Plan B Technical Solutions Limited is a live company located in exmouth, EX8 5EQ with a Companies House number of 12619143. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in May 2020, it's largest shareholder is lee richard hewitt with a 50% stake. Plan B Technical Solutions Limited is a young, micro sized company, Pomanda has estimated its turnover at £171.3k with unknown growth in recent years.
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Plan B Technical Solutions Limited Health Check
Pomanda's financial health check has awarded Plan B Technical Solutions Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £171.3k, make it smaller than the average company (£6.5m)
- Plan B Technical Solutions Limited
£6.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Plan B Technical Solutions Limited
- - Industry AVG
Production
with a gross margin of 25%, this company has a comparable cost of product (25%)
- Plan B Technical Solutions Limited
25% - Industry AVG
Profitability
an operating margin of 7.9% make it more profitable than the average company (6%)
- Plan B Technical Solutions Limited
6% - Industry AVG
Employees
with 2 employees, this is below the industry average (28)
2 - Plan B Technical Solutions Limited
28 - Industry AVG
Pay Structure
on an average salary of £46.1k, the company has an equivalent pay structure (£46.1k)
- Plan B Technical Solutions Limited
£46.1k - Industry AVG
Efficiency
resulting in sales per employee of £85.7k, this is less efficient (£188.6k)
- Plan B Technical Solutions Limited
£188.6k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is earlier than average (58 days)
- Plan B Technical Solutions Limited
58 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Plan B Technical Solutions Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Plan B Technical Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (20 weeks)
11 weeks - Plan B Technical Solutions Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.9%, this is a higher level of debt than the average (61.2%)
73.9% - Plan B Technical Solutions Limited
61.2% - Industry AVG
PLAN B TECHNICAL SOLUTIONS LIMITED financials
Plan B Technical Solutions Limited's latest turnover from May 2023 is estimated at £171.3 thousand and the company has net assets of £3 thousand. According to their latest financial statements, Plan B Technical Solutions Limited has 2 employees and maintains cash reserves of £1.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 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 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | |
|---|---|---|---|
| Tangible Assets | 275 | 366 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 275 | 366 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 8,418 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 787 | 448 | 0 |
| Cash | 1,863 | 751 | 100 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 11,068 | 1,199 | 100 |
| total assets | 11,343 | 1,565 | 100 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 0 | 50 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 8,334 | 8,718 | 0 |
| total current liabilities | 8,334 | 8,768 | 0 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 53 | 70 | 0 |
| total long term liabilities | 53 | 70 | 0 |
| total liabilities | 8,387 | 8,838 | 0 |
| net assets | 2,956 | -7,273 | 100 |
| total shareholders funds | 2,956 | -7,273 | 100 |
| May 2023 | May 2022 | May 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 91 | 92 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 8,757 | 448 | 0 |
| Creditors | -50 | 50 | 0 |
| Accruals and Deferred Income | -384 | 8,718 | 0 |
| Deferred Taxes & Provisions | -17 | 70 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 1,112 | 651 | 100 |
| overdraft | 0 | 0 | 0 |
| change in cash | 1,112 | 651 | 100 |
plan b technical solutions limited Credit Report and Business Information
Plan B Technical Solutions Limited Competitor Analysis
Perform a competitor analysis for plan b technical solutions limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in EX8 area or any other competitors across 12 key performance metrics.
plan b technical solutions limited Ownership
PLAN B TECHNICAL SOLUTIONS LIMITED group structure
Plan B Technical Solutions Limited has no subsidiary companies.
Ultimate parent company
PLAN B TECHNICAL SOLUTIONS LIMITED
12619143
plan b technical solutions limited directors
Plan B Technical Solutions Limited currently has 2 directors. The longest serving directors include Mr Andrew Britnell (May 2020) and Mr Lee Hewitt (Aug 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Britnell | United Kingdom | 68 years | May 2020 | - | Director |
| Mr Lee Hewitt | United Kingdom | 51 years | Aug 2021 | - | Director |
P&L
May 2023turnover
171.3k
+16%
operating profit
13.6k
0%
gross margin
25.1%
+0.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
3k
-1.41%
total assets
11.3k
+6.25%
cash
1.9k
+1.48%
net assets
Total assets minus all liabilities
Similar Companies
plan b technical solutions limited company details
company number
12619143
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
May 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
THOMPSON JENNER
auditor
-
address
bystock hayes old bystock drive, bystock, exmouth, devon, EX8 5EQ
Bank
-
Legal Advisor
-
plan b technical solutions 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 plan b technical solutions limited.
plan b technical solutions 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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plan b technical solutions limited Companies House Filings - See Documents
| date | description | view/download |
|---|
