pihl holdings limited
pihl holdings limited Company Information
Company Number
NI654045
Next Accounts
Sep 2025
Shareholders
capital z partners (prestige) lp
dennis storey
View AllGroup Structure
View All
Industry
Activities of financial services holding companies
Registered Address
10 governors place, carrickfergus, county antrim, BT38 7BN
Website
prestigeunderwriting.co.ukpihl holdings limited Estimated Valuation
Pomanda estimates the enterprise value of PIHL HOLDINGS LIMITED at £192.4m based on a Turnover of £68.6m and 2.8x industry multiple (adjusted for size and gross margin).
pihl holdings limited Estimated Valuation
Pomanda estimates the enterprise value of PIHL HOLDINGS LIMITED at £143.1m based on an EBITDA of £13.8m and a 10.38x industry multiple (adjusted for size and gross margin).
pihl holdings limited Estimated Valuation
Pomanda estimates the enterprise value of PIHL HOLDINGS LIMITED at £68.1m based on Net Assets of £40.9m and 1.67x industry multiple (adjusted for liquidity).
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Pihl Holdings Limited Overview
Pihl Holdings Limited is a live company located in county antrim, BT38 7BN with a Companies House number of NI654045. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in June 2018, it's largest shareholder is capital z partners (prestige) lp with a 63.4% stake. Pihl Holdings Limited is a young, large sized company, Pomanda has estimated its turnover at £68.6m with healthy growth in recent years.
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Pihl Holdings Limited Health Check
Pomanda's financial health check has awarded Pihl Holdings Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £68.6m, make it larger than the average company (£11.7m)
£68.6m - Pihl Holdings Limited
£11.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (9.2%)
9% - Pihl Holdings Limited
9.2% - Industry AVG
Production
with a gross margin of 78.9%, this company has a comparable cost of product (78.9%)
78.9% - Pihl Holdings Limited
78.9% - Industry AVG
Profitability
an operating margin of 5.7% make it less profitable than the average company (9.5%)
5.7% - Pihl Holdings Limited
9.5% - Industry AVG
Employees
with 650 employees, this is above the industry average (65)
650 - Pihl Holdings Limited
65 - Industry AVG
Pay Structure
on an average salary of £37.8k, the company has a lower pay structure (£83k)
£37.8k - Pihl Holdings Limited
£83k - Industry AVG
Efficiency
resulting in sales per employee of £105.6k, this is less efficient (£212k)
£105.6k - Pihl Holdings Limited
£212k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (46 days)
9 days - Pihl Holdings Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is quicker than average (48 days)
41 days - Pihl Holdings Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Pihl Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (27 weeks)
33 weeks - Pihl Holdings Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.6%, this is a higher level of debt than the average (54.1%)
64.6% - Pihl Holdings Limited
54.1% - Industry AVG
PIHL HOLDINGS LIMITED financials
Pihl Holdings Limited's latest turnover from December 2023 is £68.6 million and the company has net assets of £40.9 million. According to their latest financial statements, Pihl Holdings Limited has 650 employees and maintains cash reserves of £35.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Turnover | 68,620,000 | 60,397,000 | 52,947,000 | 52,502,000 | 46,059,000 | 24,569,000 |
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | 3,908,000 | 607,000 | 650,000 | 387,000 | 1,477,000 | 310,000 |
| Interest Payable | 2,293,000 | 1,616,000 | 1,333,000 | 1,455,000 | 1,370,000 | 394,000 |
| Interest Receivable | ||||||
| Pre-Tax Profit | 1,615,000 | -1,009,000 | -1,239,000 | -1,918,000 | 198,000 | -65,000 |
| Tax | -1,381,000 | -475,000 | -2,126,000 | -1,166,000 | -712,000 | -247,000 |
| Profit After Tax | 234,000 | -1,484,000 | -3,365,000 | -3,084,000 | -514,000 | -312,000 |
| Dividends Paid | ||||||
| Retained Profit | 87,000 | -1,611,000 | -3,491,000 | -3,167,000 | -588,000 | -312,000 |
| Employee Costs | 24,551,000 | 22,661,000 | 20,461,000 | 19,726,000 | 15,637,000 | 7,631,000 |
| Number Of Employees | 650 | 631 | 631 | 636 | 691 | 510 |
| EBITDA* | 13,790,000 | 9,852,000 | 9,108,000 | 8,994,000 | 7,979,000 | 3,251,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 1,854,000 | 1,480,000 | 1,930,000 | 2,182,000 | 1,817,000 | 2,151,000 |
| Intangible Assets | 51,267,000 | 59,965,000 | 63,670,000 | 69,124,000 | 76,023,000 | 81,582,000 |
| Investments & Other | ||||||
| Debtors (Due After 1 year) | 35,000 | 35,000 | 35,000 | 35,000 | ||
| Total Fixed Assets | 53,121,000 | 61,445,000 | 65,635,000 | 71,341,000 | 77,875,000 | 83,768,000 |
| Stock & work in progress | ||||||
| Trade Debtors | 1,839,000 | 2,553,000 | 1,580,000 | 1,532,000 | 1,542,000 | 1,393,000 |
| Group Debtors | ||||||
| Misc Debtors | 27,615,000 | 25,167,000 | 21,652,000 | 19,145,000 | 20,136,000 | 23,002,000 |
| Cash | 35,794,000 | 24,146,000 | 32,922,000 | 45,774,000 | 49,166,000 | 44,544,000 |
| misc current assets | ||||||
| total current assets | 65,248,000 | 51,866,000 | 56,154,000 | 66,451,000 | 70,844,000 | 68,939,000 |
| total assets | 118,369,000 | 113,311,000 | 121,789,000 | 137,792,000 | 148,719,000 | 152,707,000 |
| Bank overdraft | ||||||
| Bank loan | 3,000,000 | 3,750,000 | 3,750,000 | 3,563,000 | 2,813,000 | 2,250,000 |
| Trade Creditors | 1,644,000 | 1,873,000 | 1,544,000 | 1,532,000 | 811,000 | 245,000 |
| Group/Directors Accounts | 100,000 | 725,000 | 11,062,000 | 10,791,000 | 1,536,000 | |
| other short term finances | 12,000 | 139,000 | 139,000 | 175,000 | ||
| hp & lease commitments | 254,000 | 323,000 | 300,000 | 257,000 | 209,000 | 279,000 |
| other current liabilities | 50,872,000 | 40,869,000 | 33,588,000 | 32,393,000 | 37,238,000 | 38,285,000 |
| total current liabilities | 55,870,000 | 47,540,000 | 50,256,000 | 48,675,000 | 42,746,000 | 41,234,000 |
| loans | 14,625,000 | 17,538,000 | 21,188,000 | 35,876,000 | 50,115,000 | 54,005,000 |
| hp & lease commitments | 582,000 | 209,000 | 291,000 | 600,000 | 358,000 | 202,000 |
| Accruals and Deferred Income | ||||||
| other liabilities | 92,000 | 94,000 | 880,000 | |||
| provisions | 5,419,000 | 6,432,000 | 7,425,000 | 6,451,000 | 6,263,000 | 6,706,000 |
| total long term liabilities | 20,626,000 | 24,179,000 | 28,904,000 | 43,019,000 | 56,830,000 | 61,793,000 |
| total liabilities | 76,496,000 | 71,719,000 | 79,160,000 | 91,694,000 | 99,576,000 | 103,027,000 |
| net assets | 40,907,000 | 40,773,000 | 41,937,000 | 45,532,000 | 48,660,000 | 49,271,000 |
| total shareholders funds | 40,907,000 | 40,773,000 | 41,937,000 | 45,532,000 | 48,660,000 | 49,271,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 3,908,000 | 607,000 | 650,000 | 387,000 | 1,477,000 | 310,000 |
| Depreciation | 790,000 | 805,000 | 875,000 | 1,024,000 | 815,000 | 491,000 |
| Amortisation | 9,092,000 | 8,440,000 | 7,583,000 | 7,583,000 | 5,687,000 | 2,450,000 |
| Tax | -1,381,000 | -475,000 | -2,126,000 | -1,166,000 | -712,000 | -247,000 |
| Stock | ||||||
| Debtors | 1,734,000 | 4,453,000 | 2,555,000 | -1,001,000 | 21,713,000 | 24,430,000 |
| Creditors | -229,000 | 329,000 | 12,000 | 721,000 | 811,000 | 245,000 |
| Accruals and Deferred Income | 10,003,000 | 7,281,000 | 1,195,000 | -4,845,000 | 37,238,000 | 38,285,000 |
| Deferred Taxes & Provisions | -1,013,000 | -993,000 | 974,000 | 188,000 | 6,263,000 | 6,706,000 |
| Cash flow from operations | 19,436,000 | 11,541,000 | 6,608,000 | 4,893,000 | 29,866,000 | 23,810,000 |
| Investing Activities | ||||||
| capital expenditure | 27,349,000 | |||||
| Change in Investments | ||||||
| cash flow from investments | 27,349,000 | |||||
| Financing Activities | ||||||
| Bank loans | -750,000 | 187,000 | 750,000 | 2,813,000 | 2,250,000 | |
| Group/Directors Accounts | -625,000 | -10,337,000 | 271,000 | 9,255,000 | 1,536,000 | |
| Other Short Term Loans | -12,000 | -127,000 | 139,000 | 175,000 | ||
| Long term loans | -2,913,000 | -3,650,000 | -14,688,000 | -14,239,000 | 50,115,000 | 54,005,000 |
| Hire Purchase and Lease Commitments | 304,000 | -59,000 | -266,000 | 290,000 | 567,000 | 481,000 |
| other long term liabilities | -92,000 | -2,000 | 94,000 | 880,000 | ||
| share issue | ||||||
| interest | -2,293,000 | -1,616,000 | -1,333,000 | -1,455,000 | -1,370,000 | -394,000 |
| cash flow from financing | -6,230,000 | -15,227,000 | -16,152,000 | -5,362,000 | 103,142,000 | 106,980,000 |
| cash and cash equivalents | ||||||
| cash | 11,648,000 | -8,776,000 | -12,852,000 | -3,392,000 | 49,166,000 | 44,544,000 |
| overdraft | ||||||
| change in cash | 11,648,000 | -8,776,000 | -12,852,000 | -3,392,000 | 49,166,000 | 44,544,000 |
pihl holdings limited Credit Report and Business Information
Pihl Holdings Limited Competitor Analysis
Perform a competitor analysis for pihl holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in BT38 area or any other competitors across 12 key performance metrics.
pihl holdings limited Ownership
PIHL HOLDINGS LIMITED group structure
Pihl Holdings Limited has 1 subsidiary company.
Ultimate parent company
CAPITAL Z (PRESTIGE) PARTNERS LP
#0115480
1 parent
PIHL HOLDINGS LIMITED
NI654045
1 subsidiary
pihl holdings limited directors
Pihl Holdings Limited currently has 13 directors. The longest serving directors include Mr Jonathan Kelly (Jun 2018) and Mr Trevor Shaw (Aug 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Kelly | 60 years | Jun 2018 | - | Director | |
| Mr Trevor Shaw | 56 years | Aug 2018 | - | Director | |
| Mr Paul Hanna | England | 48 years | Oct 2018 | - | Director |
| Mr Robert Spass | England | 69 years | Oct 2018 | - | Director |
| Mr George Storey | Northern Ireland | 83 years | Oct 2018 | - | Director |
| Mr Philip Bunker | 63 years | Oct 2018 | - | Director | |
| Mr Justin Hillen | Northern Ireland | 47 years | Apr 2019 | - | Director |
| Mrs Julie Gibbons | Northern Ireland | 52 years | Apr 2019 | - | Director |
| Mrs Wendy Close | 52 years | Apr 2019 | - | Director | |
| Miss Alison Williams | 54 years | Jan 2020 | - | Director |
P&L
December 2023turnover
68.6m
+14%
operating profit
3.9m
+544%
gross margin
79%
+0.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
40.9m
0%
total assets
118.4m
+0.04%
cash
35.8m
+0.48%
net assets
Total assets minus all liabilities
pihl holdings limited company details
company number
NI654045
Type
Private limited with Share Capital
industry
64205 - Activities of financial services holding companies
incorporation date
June 2018
age
7
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
10 governors place, carrickfergus, county antrim, BT38 7BN
Bank
DANSKE BANK LIMITED
Legal Advisor
CARSON MCDOWELL
pihl 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 2 charges/mortgages relating to pihl holdings limited. Currently there are 1 open charges and 1 have been satisfied in the past.
pihl 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.
Click to start generating capital raising & share issue transactions for PIHL HOLDINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
pihl holdings limited Companies House Filings - See Documents
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