pie minister holdings limited
pie minister holdings limited Company Information
Company Number
12641481
Next Accounts
Dec 2025
Shareholders
tristan hogg
jonathan simon
View AllGroup Structure
View All
Industry
Manufacture of bread; manufacture of fresh pastry goods and cakes
Registered Address
pieminister charlton road, brentry, bristol, BS10 6NF
Website
pieminister.co.ukpie minister holdings limited Estimated Valuation
Pomanda estimates the enterprise value of PIE MINISTER HOLDINGS LIMITED at £12.2m based on a Turnover of £18.4m and 0.66x industry multiple (adjusted for size and gross margin).
pie minister holdings limited Estimated Valuation
Pomanda estimates the enterprise value of PIE MINISTER HOLDINGS LIMITED at £2.1m based on an EBITDA of £436k and a 4.85x industry multiple (adjusted for size and gross margin).
pie minister holdings limited Estimated Valuation
Pomanda estimates the enterprise value of PIE MINISTER HOLDINGS LIMITED at £2m based on Net Assets of £960k and 2.08x industry multiple (adjusted for liquidity).
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Pie Minister Holdings Limited Overview
Pie Minister Holdings Limited is a live company located in bristol, BS10 6NF with a Companies House number of 12641481. It operates in the manufacture of bread sector, SIC Code 10710. Founded in June 2020, it's largest shareholder is tristan hogg with a 35.5% stake. Pie Minister Holdings Limited is a young, mid sized company, Pomanda has estimated its turnover at £18.4m with high growth in recent years.
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Pie Minister Holdings Limited Health Check
Pomanda's financial health check has awarded Pie Minister Holdings Limited a 4 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
4 Regular
3 Weak
Size
annual sales of £18.4m, make it in line with the average company (£15.7m)
£18.4m - Pie Minister Holdings Limited
£15.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (12.8%)
18% - Pie Minister Holdings Limited
12.8% - Industry AVG
Production
with a gross margin of 24.7%, this company has a comparable cost of product (29%)
24.7% - Pie Minister Holdings Limited
29% - Industry AVG
Profitability
an operating margin of 0.8% make it less profitable than the average company (4.6%)
0.8% - Pie Minister Holdings Limited
4.6% - Industry AVG
Employees
with 271 employees, this is above the industry average (161)
271 - Pie Minister Holdings Limited
161 - Industry AVG
Pay Structure
on an average salary of £24.7k, the company has an equivalent pay structure (£30.8k)
£24.7k - Pie Minister Holdings Limited
£30.8k - Industry AVG
Efficiency
resulting in sales per employee of £67.8k, this is less efficient (£111.5k)
£67.8k - Pie Minister Holdings Limited
£111.5k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is earlier than average (39 days)
28 days - Pie Minister Holdings Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is slower than average (38 days)
43 days - Pie Minister Holdings Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 19 days, this is in line with average (22 days)
19 days - Pie Minister Holdings Limited
22 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is more cash available to meet short term requirements (9 weeks)
13 weeks - Pie Minister Holdings Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80%, this is a higher level of debt than the average (56.3%)
80% - Pie Minister Holdings Limited
56.3% - Industry AVG
PIE MINISTER HOLDINGS LIMITED financials
Pie Minister Holdings Limited's latest turnover from March 2024 is £18.4 million and the company has net assets of £960 thousand. According to their latest financial statements, Pie Minister Holdings Limited has 271 employees and maintains cash reserves of £835 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Turnover | 18,362,000 | 17,181,000 | 17,009,000 | 11,257,000 |
| Other Income Or Grants | ||||
| Cost Of Sales | 13,828,000 | 13,298,000 | 12,890,000 | 9,016,000 |
| Gross Profit | 4,534,000 | 3,883,000 | 4,119,000 | 2,241,000 |
| Admin Expenses | 4,397,000 | 3,791,000 | 3,220,000 | 1,530,000 |
| Operating Profit | 137,000 | 92,000 | 899,000 | 711,000 |
| Interest Payable | 88,000 | 92,000 | 32,000 | 36,000 |
| Interest Receivable | 2,000 | 1,000 | 20,000 | 1,000 |
| Pre-Tax Profit | 51,000 | 1,000 | 887,000 | 676,000 |
| Tax | 14,000 | 14,000 | -128,000 | -58,000 |
| Profit After Tax | 65,000 | 15,000 | 759,000 | 618,000 |
| Dividends Paid | ||||
| Retained Profit | 65,000 | 15,000 | 759,000 | 618,000 |
| Employee Costs | 6,700,000 | 6,242,000 | 5,847,000 | 4,923,000 |
| Number Of Employees | 271 | 293 | 274 | 247 |
| EBITDA* | 436,000 | 445,000 | 1,283,000 | 1,217,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Tangible Assets | 927,000 | 908,000 | 1,078,000 | 1,288,000 |
| Intangible Assets | 61,000 | 83,000 | 106,000 | 129,000 |
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 988,000 | 991,000 | 1,184,000 | 1,417,000 |
| Stock & work in progress | 735,000 | 1,165,000 | 1,002,000 | 436,000 |
| Trade Debtors | 1,450,000 | 1,238,000 | 1,738,000 | 1,176,000 |
| Group Debtors | ||||
| Misc Debtors | 780,000 | 526,000 | 530,000 | 742,000 |
| Cash | 835,000 | 1,098,000 | 2,473,000 | 1,735,000 |
| misc current assets | ||||
| total current assets | 3,800,000 | 4,027,000 | 5,743,000 | 4,089,000 |
| total assets | 4,788,000 | 5,018,000 | 6,927,000 | 5,506,000 |
| Bank overdraft | ||||
| Bank loan | 185,000 | 306,000 | 425,000 | 459,000 |
| Trade Creditors | 1,653,000 | 1,449,000 | 1,697,000 | 1,090,000 |
| Group/Directors Accounts | ||||
| other short term finances | 599,000 | 700,000 | ||
| hp & lease commitments | 22,000 | 121,000 | 123,000 | |
| other current liabilities | 841,000 | 766,000 | 982,000 | 851,000 |
| total current liabilities | 3,278,000 | 3,243,000 | 3,225,000 | 2,523,000 |
| loans | 476,000 | 778,000 | 669,000 | 594,000 |
| hp & lease commitments | 22,000 | 144,000 | ||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | 74,000 | 102,000 | 131,000 | 124,000 |
| total long term liabilities | 550,000 | 880,000 | 822,000 | 862,000 |
| total liabilities | 3,828,000 | 4,123,000 | 4,047,000 | 3,385,000 |
| net assets | 960,000 | 895,000 | 2,880,000 | 2,121,000 |
| total shareholders funds | 960,000 | 895,000 | 2,880,000 | 2,121,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 137,000 | 92,000 | 899,000 | 711,000 |
| Depreciation | 277,000 | 330,000 | 361,000 | 483,000 |
| Amortisation | 22,000 | 23,000 | 23,000 | 23,000 |
| Tax | 14,000 | 14,000 | -128,000 | -58,000 |
| Stock | -430,000 | 163,000 | 566,000 | 436,000 |
| Debtors | 466,000 | -504,000 | 350,000 | 1,918,000 |
| Creditors | 204,000 | -248,000 | 607,000 | 1,090,000 |
| Accruals and Deferred Income | 75,000 | -216,000 | 131,000 | 851,000 |
| Deferred Taxes & Provisions | -28,000 | -29,000 | 7,000 | 124,000 |
| Cash flow from operations | 665,000 | 307,000 | 984,000 | 870,000 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | -121,000 | -119,000 | -34,000 | 459,000 |
| Group/Directors Accounts | ||||
| Other Short Term Loans | -101,000 | 700,000 | ||
| Long term loans | -302,000 | 109,000 | 75,000 | 594,000 |
| Hire Purchase and Lease Commitments | -22,000 | -121,000 | -124,000 | 267,000 |
| other long term liabilities | ||||
| share issue | ||||
| interest | -86,000 | -91,000 | -12,000 | -35,000 |
| cash flow from financing | -632,000 | -1,522,000 | -95,000 | 2,788,000 |
| cash and cash equivalents | ||||
| cash | -263,000 | -1,375,000 | 738,000 | 1,735,000 |
| overdraft | ||||
| change in cash | -263,000 | -1,375,000 | 738,000 | 1,735,000 |
pie minister holdings limited Credit Report and Business Information
Pie Minister Holdings Limited Competitor Analysis
Perform a competitor analysis for pie minister holdings limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in BS10 area or any other competitors across 12 key performance metrics.
pie minister holdings limited Ownership
PIE MINISTER HOLDINGS LIMITED group structure
Pie Minister Holdings Limited has 2 subsidiary companies.
Ultimate parent company
PIE MINISTER HOLDINGS LIMITED
12641481
2 subsidiaries
pie minister holdings limited directors
Pie Minister Holdings Limited currently has 3 directors. The longest serving directors include Mr Gonzalo Trujillo (Jun 2020) and Mr Tristan Hogg (Apr 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gonzalo Trujillo | 55 years | Jun 2020 | - | Director | |
| Mr Tristan Hogg | England | 45 years | Apr 2021 | - | Director |
| Mr Jonathan Simon | United Kingdom | 53 years | Apr 2021 | - | Director |
P&L
March 2024turnover
18.4m
+7%
operating profit
137k
+49%
gross margin
24.7%
+9.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
960k
+0.07%
total assets
4.8m
-0.05%
cash
835k
-0.24%
net assets
Total assets minus all liabilities
Similar Companies
pie minister holdings limited company details
company number
12641481
Type
Private limited with Share Capital
industry
10710 - Manufacture of bread; manufacture of fresh pastry goods and cakes
incorporation date
June 2020
age
5
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
PKF FRANCIS CLARK
address
pieminister charlton road, brentry, bristol, BS10 6NF
Bank
HSBC BANK PLC
Legal Advisor
CLARKE WILMOTT
pie minister holdings 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 pie minister holdings limited. Currently there are 1 open charges and 0 have been satisfied in the past.
pie minister holdings 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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pie minister holdings limited Companies House Filings - See Documents
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