Pomanda estimates the enterprise value of PM PLUMBING & HEATING SERVICES LTD at £1.2m based on a Turnover of £2.6m and 0.47x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of PM PLUMBING & HEATING SERVICES LTD at £802.8k based on an EBITDA of £201.1k and a 3.99x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of PM PLUMBING & HEATING SERVICES LTD at £6.6m based on Net Assets of £2.4m and 2.76x industry multiple (adjusted for liquidity).
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Pm Plumbing & Heating Services LtdOverview
Pm Plumbing & Heating Services Ltd is a live company located in co londonderrybt473ea, BT47 3EA with a Companies House number of NI055730. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in June 2005, it's largest shareholder is
mr kevin robert morrow
with a 40% stake. Pm Plumbing & Heating Services Ltd is a mature,
small sized company, Pomanda has estimated its turnover at
£2.6m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Pm Plumbing & Heating Services Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
4 Regular
1 Weak
Size
annual sales of £2.6m, make it larger than the average company (£381.8k)
£2.6m - Pm Plumbing & Heating Services Ltd
£381.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (11.5%)
15% - Pm Plumbing & Heating Services Ltd
11.5% - Industry AVG
Production
with a gross margin of 29.5%, this company has a comparable cost of product (29.5%)
29.5% - Pm Plumbing & Heating Services Ltd
29.5% - Industry AVG
Profitability
an operating margin of 6.8% make it as profitable than the average company (5.7%)
6.8% - Pm Plumbing & Heating Services Ltd
5.7% - Industry AVG
Employees
with 23 employees, this is above the industry average (4)
23 - Pm Plumbing & Heating Services Ltd
4 - Industry AVG
Pay Structure
on an average salary of £32.9k, the company has an equivalent pay structure (£32.9k)
£32.9k - Pm Plumbing & Heating Services Ltd
£32.9k - Industry AVG
Efficiency
resulting in sales per employee of £113.4k, this is equally as efficient (£115k)
£113.4k - Pm Plumbing & Heating Services Ltd
£115k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is earlier than average (52 days)
33 days - Pm Plumbing & Heating Services Ltd
52 days - Industry AVG
Creditor Days
its suppliers are paid after 95 days, this is slower than average (46 days)
95 days - Pm Plumbing & Heating Services Ltd
46 days - Industry AVG
Stock Days
it holds stock equivalent to 56 days, this is more than average (12 days)
56 days - Pm Plumbing & Heating Services Ltd
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 38 weeks, this is more cash available to meet short term requirements (20 weeks)
38 weeks - Pm Plumbing & Heating Services Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.6%, this is a lower level of debt than the average (63.8%)
42.6% - Pm Plumbing & Heating Services Ltd
63.8% - Industry AVG
PM PLUMBING & HEATING SERVICES LTD financials
EXPORT
Pm Plumbing & Heating Services Ltd's latest turnover from March 2024 is estimated at £2.6 million and the company has net assets of £2.4 million. According to their latest financial statements, we estimate that Pm Plumbing & Heating Services Ltd has 23 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
2,607,238
2,290,143
1,768,466
1,727,357
2,375,602
3,193,638
2,450,581
2,231,497
1,534,162
1,753,625
2,463,018
999,324
1,530,121
1,518,616
1,295,209
Other Income Or Grants
Cost Of Sales
1,836,984
1,655,875
1,241,699
1,215,409
1,630,840
2,101,171
1,611,994
1,421,453
982,633
1,117,983
1,535,323
617,654
939,388
911,728
767,497
Gross Profit
770,254
634,268
526,767
511,947
744,762
1,092,467
838,587
810,043
551,529
635,642
927,695
381,670
590,733
606,888
527,712
Admin Expenses
593,797
418,580
196,939
277,443
377,019
853,815
686,319
605,451
251,747
550,771
831,532
338,651
549,813
463,540
326,482
Operating Profit
176,457
215,688
329,828
234,504
367,743
238,652
152,268
204,592
299,782
84,871
96,163
43,019
40,920
143,348
201,230
Interest Payable
3,368
4,071
2,276
725
4
5
1
Interest Receivable
84,591
78,179
11,960
1,217
991
5,373
3,495
2,216
3,592
2,702
2,075
1,461
937
392
76
Pre-Tax Profit
257,680
289,796
339,512
234,996
368,735
244,021
155,758
206,806
303,374
87,573
98,238
44,480
41,857
143,740
201,306
Tax
-64,420
-55,061
-64,507
-44,649
-70,060
-46,364
-29,594
-41,361
-60,675
-18,390
-22,595
-10,675
-10,883
-40,247
-56,366
Profit After Tax
193,260
234,735
275,005
190,347
298,675
197,657
126,164
165,445
242,699
69,183
75,643
33,805
30,974
103,493
144,940
Dividends Paid
Retained Profit
193,260
234,735
275,005
190,347
298,675
197,657
126,164
165,445
242,699
69,183
75,643
33,805
30,974
103,493
144,940
Employee Costs
755,945
436,715
508,624
488,466
593,403
832,182
778,320
569,014
461,288
451,908
636,075
275,002
450,168
462,160
389,191
Number Of Employees
23
13
15
15
17
24
23
17
13
13
18
8
13
14
12
EBITDA*
201,145
244,008
366,433
260,015
387,365
263,850
182,446
226,173
325,095
128,470
134,961
79,843
81,852
179,570
235,528
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
229,455
183,600
170,315
147,696
127,300
135,022
99,720
91,228
62,391
57,296
70,853
36,971
49,295
35,167
29,396
Intangible Assets
10,208
34,708
59,208
83,708
108,208
132,708
Investments & Other
893,979
893,979
627,592
611,246
Debtors (Due After 1 year)
Total Fixed Assets
229,455
183,600
170,315
1,041,675
1,021,279
762,614
710,966
91,228
62,391
67,504
105,561
96,179
133,003
143,375
162,104
Stock & work in progress
283,585
221,790
115,941
117,305
169,950
299,282
202,089
209,102
128,600
87,145
149,500
12,500
55,000
35,301
70,500
Trade Debtors
238,738
438,910
100,593
153,926
320,696
412,287
289,908
244,300
169,848
180,105
242,571
122,582
193,142
218,158
149,877
Group Debtors
Misc Debtors
75,824
97,606
24,238
68,493
65,313
69,749
Cash
1,324,050
1,898,479
1,780,537
1,408,745
1,024,946
957,934
474,944
922,952
849,539
587,074
493,833
336,230
248,299
126,358
30,403
misc current assets
2,073,415
788,594
893,979
total current assets
3,919,788
3,347,773
2,966,874
1,777,582
1,539,830
1,737,996
1,032,254
1,446,103
1,147,987
854,324
885,904
471,312
496,441
379,817
250,780
total assets
4,149,243
3,531,373
3,137,189
2,819,257
2,561,109
2,500,610
1,743,220
1,537,331
1,210,378
921,828
991,465
567,491
629,444
523,192
412,884
Bank overdraft
115
31
Bank loan
24,101
35,775
43,659
23,766
Trade Creditors
479,892
252,659
506,474
407,257
410,525
547,628
378,039
400,337
267,328
462,790
601,610
253,279
349,037
270,738
260,549
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
1,262,225
1,053,174
632,026
708,209
660,906
761,979
371,720
269,781
241,313
total current liabilities
1,766,218
1,341,608
1,182,159
1,139,232
1,071,431
1,309,607
749,874
670,149
508,641
462,790
601,610
253,279
349,037
270,738
260,549
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
3,021
6,395
provisions
total long term liabilities
3,021
6,395
total liabilities
1,766,218
1,341,608
1,182,159
1,139,232
1,071,431
1,309,607
749,874
670,149
508,641
462,790
601,610
253,279
349,037
273,759
266,944
net assets
2,383,025
2,189,765
1,955,030
1,680,025
1,489,678
1,191,003
993,346
867,182
701,737
459,038
389,855
314,212
280,407
249,433
145,940
total shareholders funds
2,383,025
2,189,765
1,955,030
1,680,025
1,489,678
1,191,003
993,346
867,182
701,737
459,038
389,855
314,212
280,407
249,433
145,940
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
176,457
215,688
329,828
234,504
367,743
238,652
152,268
204,592
299,782
84,871
96,163
43,019
40,920
143,348
201,230
Depreciation
24,688
28,320
36,605
25,511
19,622
25,198
30,178
21,581
15,105
19,099
14,298
12,324
16,432
11,722
9,798
Amortisation
10,208
24,500
24,500
24,500
24,500
24,500
24,500
Tax
-64,420
-55,061
-64,507
-44,649
-70,060
-46,364
-29,594
-41,361
-60,675
-18,390
-22,595
-10,675
-10,883
-40,247
-56,366
Stock
61,795
105,849
-1,364
-52,645
-129,332
97,193
-7,013
80,502
41,455
-62,355
137,000
-42,500
19,699
-35,199
70,500
Debtors
-200,172
262,493
-75,115
-93,402
-135,846
125,559
41,172
144,201
-10,257
-62,466
119,989
-70,560
-25,016
68,281
149,877
Creditors
227,233
-253,815
99,217
-3,268
-137,103
169,589
-22,298
133,009
-195,462
-138,820
348,331
-95,758
78,299
10,189
260,549
Accruals and Deferred Income
209,051
421,148
-76,183
47,303
-101,073
390,259
101,939
28,468
241,313
Deferred Taxes & Provisions
Cash flow from operations
711,386
-12,062
401,439
405,448
344,307
554,582
198,334
121,586
279,073
96,081
203,708
86,470
154,585
116,430
219,334
Investing Activities
capital expenditure
-70,543
-41,605
-59,224
-45,907
-11,900
-60,500
-38,670
-50,418
-20,200
-5,542
-48,180
-30,560
-17,493
-196,402
Change in Investments
-893,979
266,387
16,346
611,246
cash flow from investments
-70,543
-41,605
834,755
-45,907
-278,287
-76,846
-649,916
-50,418
-20,200
-5,542
-48,180
-30,560
-17,493
-196,402
Financing Activities
Bank loans
-11,674
-7,884
19,893
23,766
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-3,021
-3,374
6,395
share issue
1,000
interest
81,223
74,108
9,684
492
991
5,369
3,490
2,215
3,592
2,702
2,075
1,461
937
392
76
cash flow from financing
69,549
66,224
29,577
24,258
991
5,369
3,490
2,215
3,592
2,702
2,075
1,461
-2,084
-2,982
7,471
cash and cash equivalents
cash
-574,429
117,942
371,792
383,799
67,012
482,990
-448,008
73,413
262,465
93,241
157,603
87,931
121,941
95,955
30,403
overdraft
-115
84
31
change in cash
-574,429
117,942
371,792
383,799
67,012
483,105
-448,092
73,382
262,465
93,241
157,603
87,931
121,941
95,955
30,403
pm plumbing & heating services ltd 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 pm plumbing & heating services ltd. Get real-time insights into pm plumbing & heating services ltd's credit score, group structure and payment trends.
Perform a competitor analysis for pm plumbing & heating services ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BT47 area or any other competitors across 12 key performance metrics.
pm plumbing & heating services ltd Ownership
PM PLUMBING & HEATING SERVICES LTD group structure
Pm Plumbing & Heating Services Ltd has no subsidiary companies.
Ultimate parent company
PM PLUMBING & HEATING SERVICES LTD
NI055730
PM PLUMBING & HEATING SERVICES LTD Shareholders
The largest shareholders in Pm Plumbing & Heating Services Ltd include Mr Kevin Robert Morrow and Mr Patrick Agustine Morrow.
mr kevin robert morrow
40%
mr patrick agustine morrow
40%
mrs moira martina morrow
20%
pm plumbing & heating services ltd directors
Pm Plumbing & Heating Services Ltd currently has 3 directors.
The longest serving directors include
Mrs Moira Morrow (Jun 2005) and
Mr Patrick Morrow (Jun 2005).
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 pm plumbing & heating services ltd.
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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pm plumbing & heating services ltdCompanies House Filings - See Documents
