optimum plumbing & heating (sussex) ltd
optimum plumbing & heating (sussex) ltd Company Information
Company Number
14222259
Website
-Registered Address
europa house goldstone villas, hove, east sussex, BN3 3RQ
Industry
Plumbing, heat and air-conditioning installation
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
liam charlie reece winnard 33.3%
joshua robert lee 33.3%
View Alloptimum plumbing & heating (sussex) ltd Estimated Valuation
Pomanda estimates the enterprise value of OPTIMUM PLUMBING & HEATING (SUSSEX) LTD at £46.8k based on a Turnover of £110.8k and 0.42x industry multiple (adjusted for size and gross margin).
optimum plumbing & heating (sussex) ltd Estimated Valuation
Pomanda estimates the enterprise value of OPTIMUM PLUMBING & HEATING (SUSSEX) LTD at £5.1k based on an EBITDA of £1k and a 4.91x industry multiple (adjusted for size and gross margin).
optimum plumbing & heating (sussex) ltd Estimated Valuation
Pomanda estimates the enterprise value of OPTIMUM PLUMBING & HEATING (SUSSEX) LTD at £3.3k based on Net Assets of £896 and 3.66x industry multiple (adjusted for liquidity).
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Optimum Plumbing & Heating (sussex) Ltd Overview
Optimum Plumbing & Heating (sussex) Ltd is a live company located in east sussex, BN3 3RQ with a Companies House number of 14222259. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in July 2022, it's largest shareholder is liam charlie reece winnard with a 33.3% stake. Optimum Plumbing & Heating (sussex) Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £110.8k with unknown growth in recent years.
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Optimum Plumbing & Heating (sussex) Ltd Health Check
Pomanda's financial health check has awarded Optimum Plumbing & Heating (Sussex) Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
8 Weak
Size
annual sales of £110.8k, make it smaller than the average company (£324.8k)
- Optimum Plumbing & Heating (sussex) Ltd
£324.8k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Optimum Plumbing & Heating (sussex) Ltd
- - Industry AVG
Production
with a gross margin of 28.5%, this company has a comparable cost of product (28.5%)
- Optimum Plumbing & Heating (sussex) Ltd
28.5% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (5.8%)
- Optimum Plumbing & Heating (sussex) Ltd
5.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Optimum Plumbing & Heating (sussex) Ltd
4 - Industry AVG
Pay Structure
on an average salary of £32.7k, the company has an equivalent pay structure (£32.7k)
- Optimum Plumbing & Heating (sussex) Ltd
£32.7k - Industry AVG
Efficiency
resulting in sales per employee of £36.9k, this is less efficient (£112.1k)
- Optimum Plumbing & Heating (sussex) Ltd
£112.1k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is earlier than average (55 days)
- Optimum Plumbing & Heating (sussex) Ltd
55 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (48 days)
- Optimum Plumbing & Heating (sussex) Ltd
48 days - Industry AVG
Stock Days
it holds stock equivalent to 23 days, this is more than average (10 days)
- Optimum Plumbing & Heating (sussex) Ltd
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (19 weeks)
4 weeks - Optimum Plumbing & Heating (sussex) Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.9%, this is a higher level of debt than the average (61.9%)
94.9% - Optimum Plumbing & Heating (sussex) Ltd
61.9% - Industry AVG
OPTIMUM PLUMBING & HEATING (SUSSEX) LTD financials
Optimum Plumbing & Heating (Sussex) Ltd's latest turnover from July 2023 is estimated at £110.8 thousand and the company has net assets of £896. According to their latest financial statements, Optimum Plumbing & Heating (Sussex) Ltd has 3 employees and maintains cash reserves of £1.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | |
|---|---|
| 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 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 0 |
| Stock & work in progress | 5,017 |
| Trade Debtors | 9,283 |
| Group Debtors | 0 |
| Misc Debtors | 1,927 |
| Cash | 1,298 |
| misc current assets | 0 |
| total current assets | 17,525 |
| total assets | 17,525 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 1,367 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 15,262 |
| total current liabilities | 16,629 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 16,629 |
| net assets | 896 |
| total shareholders funds | 896 |
| Jul 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 5,017 |
| Debtors | 11,210 |
| Creditors | 1,367 |
| Accruals and Deferred Income | 15,262 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 1,298 |
| overdraft | 0 |
| change in cash | 1,298 |
optimum plumbing & heating (sussex) ltd Credit Report and Business Information
Optimum Plumbing & Heating (sussex) Ltd Competitor Analysis
Perform a competitor analysis for optimum plumbing & heating (sussex) ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in BN3 area or any other competitors across 12 key performance metrics.
optimum plumbing & heating (sussex) ltd Ownership
OPTIMUM PLUMBING & HEATING (SUSSEX) LTD group structure
Optimum Plumbing & Heating (Sussex) Ltd has no subsidiary companies.
Ultimate parent company
OPTIMUM PLUMBING & HEATING (SUSSEX) LTD
14222259
optimum plumbing & heating (sussex) ltd directors
Optimum Plumbing & Heating (Sussex) Ltd currently has 3 directors. The longest serving directors include Mr Joshua Lee (Jul 2022) and Mr Liam Winnard (Jul 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Joshua Lee | United Kingdom | 33 years | Jul 2022 | - | Director |
| Mr Liam Winnard | United Kingdom | 31 years | Jul 2022 | - | Director |
| Mr Connor Herrington | United Kingdom | 31 years | Jul 2022 | - | Director |
P&L
July 2023turnover
110.8k
0%
operating profit
1k
0%
gross margin
28.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
896
0%
total assets
17.5k
0%
cash
1.3k
0%
net assets
Total assets minus all liabilities
Similar Companies
optimum plumbing & heating (sussex) ltd company details
company number
14222259
Type
Private limited with Share Capital
industry
43220 - Plumbing, heat and air-conditioning installation
incorporation date
July 2022
age
2
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
europa house goldstone villas, hove, east sussex, BN3 3RQ
last accounts submitted
July 2023
optimum plumbing & heating (sussex) ltd 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 optimum plumbing & heating (sussex) ltd.
optimum plumbing & heating (sussex) ltd Companies House Filings - See Documents
| date | description | view/download |
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