william purves (funeral directors) limited

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william purves (funeral directors) limited Company Information

Share WILLIAM PURVES (FUNERAL DIRECTORS) LIMITED

Company Number

SC060678

Directors

John Purves

Andrew Purves

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Shareholders

william purves (funeral directors) holdings limited

Group Structure

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Industry

Funeral and related activities

 

Registered Address

oakvale funeral home, 106 whitehouse loan, edinburgh, EH9 1BD

william purves (funeral directors) limited Estimated Valuation

£13.5m

Pomanda estimates the enterprise value of WILLIAM PURVES (FUNERAL DIRECTORS) LIMITED at £13.5m based on a Turnover of £15.2m and 0.89x industry multiple (adjusted for size and gross margin).

william purves (funeral directors) limited Estimated Valuation

£12.7m

Pomanda estimates the enterprise value of WILLIAM PURVES (FUNERAL DIRECTORS) LIMITED at £12.7m based on an EBITDA of £2.2m and a 5.8x industry multiple (adjusted for size and gross margin).

william purves (funeral directors) limited Estimated Valuation

£913.1k

Pomanda estimates the enterprise value of WILLIAM PURVES (FUNERAL DIRECTORS) LIMITED at £913.1k based on Net Assets of £313.1k and 2.92x industry multiple (adjusted for liquidity).

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William Purves (funeral Directors) Limited Overview

William Purves (funeral Directors) Limited is a live company located in edinburgh, EH9 1BD with a Companies House number of SC060678. It operates in the funeral and related activities sector, SIC Code 96030. Founded in September 1976, it's largest shareholder is william purves (funeral directors) holdings limited with a 100% stake. William Purves (funeral Directors) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £15.2m with low growth in recent years.

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William Purves (funeral Directors) Limited Health Check

Pomanda's financial health check has awarded William Purves (Funeral Directors) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £15.2m, make it larger than the average company (£1.8m)

£15.2m - William Purves (funeral Directors) Limited

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (4.6%)

4% - William Purves (funeral Directors) Limited

4.6% - Industry AVG

production

Production

with a gross margin of 62.9%, this company has a comparable cost of product (61.5%)

62.9% - William Purves (funeral Directors) Limited

61.5% - Industry AVG

profitability

Profitability

an operating margin of 9.7% make it as profitable than the average company (9.8%)

9.7% - William Purves (funeral Directors) Limited

9.8% - Industry AVG

employees

Employees

with 107 employees, this is above the industry average (13)

107 - William Purves (funeral Directors) Limited

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.6k, the company has a higher pay structure (£33.1k)

£43.6k - William Purves (funeral Directors) Limited

£33.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £142.4k, this is more efficient (£123.8k)

£142.4k - William Purves (funeral Directors) Limited

£123.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 11 days, this is earlier than average (20 days)

11 days - William Purves (funeral Directors) Limited

20 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 23 days, this is quicker than average (27 days)

23 days - William Purves (funeral Directors) Limited

27 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 18 days, this is more than average (8 days)

18 days - William Purves (funeral Directors) Limited

8 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (16 weeks)

5 weeks - William Purves (funeral Directors) Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 96.1%, this is a higher level of debt than the average (47.8%)

96.1% - William Purves (funeral Directors) Limited

47.8% - Industry AVG

WILLIAM PURVES (FUNERAL DIRECTORS) LIMITED financials

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William Purves (Funeral Directors) Limited's latest turnover from September 2024 is £15.2 million and the company has net assets of £313.1 thousand. According to their latest financial statements, William Purves (Funeral Directors) Limited has 107 employees and maintains cash reserves of £709 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover15,234,69815,951,49015,403,37413,650,16413,907,90613,492,40813,552,49912,047,62911,728,30111,267,8979,967,0629,675,1028,788,9768,334,7597,685,4047,407,858
Other Income Or Grants
Cost Of Sales5,655,6625,928,4955,678,7395,001,5515,144,7135,092,8575,197,9864,562,3414,352,8724,227,6963,764,6523,677,3973,417,6473,262,2442,947,9992,858,047
Gross Profit9,579,03610,022,9959,724,6358,648,6138,763,1938,399,5518,354,5137,485,2887,375,4297,040,2016,202,4105,997,7055,371,3295,072,5154,737,4054,549,811
Admin Expenses8,102,1847,637,4387,434,6617,001,0077,479,6867,317,1167,142,8576,544,3116,009,1725,167,0804,715,9374,653,1184,701,9924,561,4834,187,4143,878,796
Operating Profit1,476,8522,385,5572,289,9741,647,6061,283,5071,082,4351,211,656940,9771,366,2571,873,1211,486,4731,344,587669,337511,032549,991671,015
Interest Payable476,697381,91245,47550,37371,24261,32251,12746,52532,59122,91732,58257,86877,59191,68898,61397,012
Interest Receivable21,37227,07635,9732,5705,3905,9454,9142,3425,94910,3022,97769024540252515,897
Pre-Tax Profit1,021,5272,030,7212,280,4721,599,8031,217,6551,027,0581,165,443896,7941,339,6151,860,5061,456,8681,287,409591,991419,746451,903589,900
Tax-188,122-461,545-479,717-394,193-154,553-211,651-299,948-240,310-295,822-400,189-336,052-321,848-167,286-124,982-119,962-91,455
Profit After Tax833,4051,569,1761,800,7551,205,6101,063,102815,407865,495656,4841,043,7931,460,3171,120,816965,561424,705294,764331,941498,445
Dividends Paid4,477,731974,638622,300483,100411,500467,400356,000514,000713,100557,500479,800259,400173,600150,600236,600
Retained Profit-3,644,326594,5381,800,755583,310580,002403,907398,095300,484529,793747,217563,316485,761165,305121,164181,341261,845
Employee Costs4,661,1074,556,9934,609,8134,324,8284,401,1044,252,4604,064,0893,696,0983,520,9723,052,0302,901,2242,806,5122,782,2222,515,2832,162,5992,168,938
Number Of Employees1071071061021041041071039484838081827870
EBITDA*2,194,8243,065,2482,970,9842,395,8212,111,1711,847,4651,981,2531,677,9852,141,8332,443,6011,977,5111,835,1351,332,2351,242,5431,476,6271,477,786

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets2,968,2778,029,1568,281,1118,343,6078,305,7317,750,6246,569,1696,784,3316,835,3875,298,7145,224,6964,973,1685,080,7954,982,0224,812,8714,895,388
Intangible Assets86,288160,24989,864269,589492,608215,754456,258176,388284,72410,216169,990409,497647,767
Investments & Other195,200738,017289,763273,766415,429410,000200,000200,000200,000200,000
Debtors (Due After 1 year)
Total Fixed Assets3,249,7658,927,4228,570,8748,617,3738,811,0248,430,2137,261,7777,200,0857,491,6455,675,1025,509,4204,973,1685,091,0115,152,0125,222,3685,543,155
Stock & work in progress280,074264,251224,731214,262229,876179,327173,114143,175157,64297,77797,13994,568127,038126,435111,590121,147
Trade Debtors460,491753,694634,492789,279773,8101,032,9541,031,715960,9061,034,7411,120,6851,080,0221,164,3511,258,414995,340932,2881,092,230
Group Debtors4,83511,8627,06119,11412,90621,57423,015
Misc Debtors3,235,6801,223,4011,236,676726,059187,036348,525548,821224,267160,270171,018137,708136,916132,895142,469139,176119,701
Cash708,952846,1481,188,7431,523,9161,352,031762,3221,209,592501,776211,361745,260217,627214,64220,38835,261677,617460,623
misc current assets
total current assets4,685,1973,087,4943,284,6423,253,5162,542,7532,323,1282,963,2421,830,1241,568,8492,146,6021,539,5571,629,5911,551,6411,321,0791,883,6861,793,701
total assets7,934,96212,014,91611,855,51611,870,88911,353,77710,753,34110,225,0199,030,2099,060,4947,821,7047,048,9776,602,7596,642,6526,473,0917,106,0547,336,856
Bank overdraft42,2025,65075,398185,776
Bank loan5,607,459289,157284,228117,4391,161,611160,107160,107126,399126,399317,789307,841330,501300,513153,124282,681378,284
Trade Creditors 369,049328,468331,503342,089274,331298,811346,230258,273163,579247,728285,357217,220219,859306,572418,755189,380
Group/Directors Accounts
other short term finances
hp & lease commitments196,62466,986209,593236,8139,45315,114
other current liabilities948,9171,078,7501,318,1581,620,7671,423,280927,1231,432,0741,022,5301,393,3771,488,6501,161,2681,100,389666,251425,268420,620650,606
total current liabilities7,122,0491,763,3611,933,8892,080,2953,068,8151,622,8541,947,8641,422,3161,683,3552,054,1671,754,4661,648,1101,228,825890,6141,197,4541,404,046
loans5,703,2476,105,5191,280,801315,3851,427,7911,530,4601,255,4261,339,148245,019562,618843,8671,793,0332,144,4672,573,7862,754,576
hp & lease commitments296,627109,898189,333462,544
Accruals and Deferred Income
other liabilities50,000
provisions203,143430,941420,154314,594168,355208,264118,714122,581108,589122,90979,50121,70617,47917,96842,729
total long term liabilities499,7706,294,0866,525,6731,595,395673,0732,098,5991,649,1741,378,0071,447,737367,928642,119865,5731,810,5122,144,4672,591,7542,797,305
total liabilities7,621,8198,057,4478,459,5623,675,6903,741,8883,721,4533,597,0382,800,3233,131,0922,422,0952,396,5852,513,6833,039,3373,035,0813,789,2084,201,351
net assets313,1433,957,4693,395,9548,195,1997,611,8897,031,8886,627,9816,229,8865,929,4025,399,6094,652,3924,089,0763,603,3153,438,0103,316,8463,135,505
total shareholders funds313,1433,957,4693,395,9548,195,1997,611,8897,031,8886,627,9816,229,8865,929,4025,399,6094,652,3924,089,0763,603,3153,438,0103,316,8463,135,505
Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit1,476,8522,385,5572,289,9741,647,6061,283,5071,082,4351,211,656940,9771,366,2571,873,1211,486,4731,344,587669,337511,032549,991671,015
Depreciation717,972679,691681,010658,351647,940542,010507,276496,504538,117462,144450,762480,332503,124492,004484,444454,991
Amortisation89,864179,724223,020262,321240,504237,459108,33640,27610,216159,774239,507442,192351,780
Tax-188,122-461,545-479,717-394,193-154,553-211,651-299,948-240,310-295,822-400,189-336,052-321,848-167,286-124,982-119,962-91,455
Stock15,82339,52010,469-15,61450,5496,21329,939-14,46759,8656382,571-32,47060314,845-9,557121,147
Debtors1,719,076105,927355,830554,492-420,633-199,057395,363-14,673-103,71978,774-95,590-83,834244,83264,904-117,4521,211,931
Creditors40,581-3,035-10,58667,758-24,480-47,41987,95794,694-84,149-37,62968,137-2,639-86,713-112,183229,375189,380
Accruals and Deferred Income-129,833-239,408-302,609197,487496,157-504,951409,544-370,847-95,273327,38260,879434,138240,9834,648-229,986650,606
Deferred Taxes & Provisions-227,79810,787105,560146,239-39,90989,550-3,86713,992-14,32043,40857,7954,22717,479-17,968-24,76142,729
Cash flow from operations-45,2472,226,6001,917,3331,874,2342,758,4701,365,8381,749,6371,204,6541,696,1232,297,1611,921,2892,065,3171,091,263912,3091,458,302935,968
Investing Activities
capital expenditure-815,778-344,401-2,606,557-728,232-964,681-328,219-551,263-623,335-607,291-1,404,463
Change in Investments-542,817448,25415,997-141,6635,429210,000200,000
cash flow from investments542,817-448,254-15,997141,663-5,429-210,000-815,778-344,401-2,606,557-928,232-964,681-328,219-551,263-623,335-607,291-1,404,463
Financing Activities
Bank loans5,318,3024,929166,789-1,044,1721,001,50433,708-191,3909,948-22,66029,988147,389-129,557-95,603378,284
Group/Directors Accounts
Other Short Term Loans
Long term loans-5,703,247-402,2724,824,718965,416-1,112,406-102,669275,034-83,7221,094,129-317,599-281,249-949,166-351,434-429,319-180,7902,754,576
Hire Purchase and Lease Commitments316,367176,884-398,926-300,431689,904-5,66115,114
other long term liabilities-50,00050,000
share issue-33,023-6,600,000-12,873,660
interest-455,325-354,836-9,502-47,803-65,852-55,377-46,213-44,183-26,642-12,615-29,605-57,178-77,346-91,286-98,088-81,115
cash flow from financing-573,903-558,318-1,617,995-525,485-477,186531,858256,868-112,791876,097-320,266-333,514-976,356-281,391-650,162-374,4815,925,405
cash and cash equivalents
cash-137,196-342,595-335,173171,885589,709-447,270707,816290,415-533,899527,6332,985194,254-14,873-642,356216,994460,623
overdraft-42,20236,552-69,748-110,378185,776
change in cash-137,196-342,595-335,173171,885589,709-447,270707,816290,415-533,899527,6332,985236,456-51,425-572,608327,372274,847

william purves (funeral directors) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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William Purves (funeral Directors) Limited Competitor Analysis

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Perform a competitor analysis for william purves (funeral directors) limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other mid companies, companies in EH9 area or any other competitors across 12 key performance metrics.

william purves (funeral directors) limited Ownership

WILLIAM PURVES (FUNERAL DIRECTORS) LIMITED group structure

William Purves (Funeral Directors) Limited has no subsidiary companies.

Ultimate parent company

WILLIAM PURVES (FUNERAL DIRECTORS) LIMITED

SC060678

WILLIAM PURVES (FUNERAL DIRECTORS) LIMITED Shareholders

william purves (funeral directors) holdings limited 100%

william purves (funeral directors) limited directors

William Purves (Funeral Directors) Limited currently has 5 directors. The longest serving directors include Mr John Purves (Jan 2007) and Mr Andrew Purves (Jun 2014).

officercountryagestartendrole
Mr John Purves48 years Jan 2007- Director
Mr Andrew Purves46 years Jun 2014- Director
Mr Colin Brown42 years Jun 2014- Director
Mr Ben Thomson37 years Jan 2024- Director
Mrs Alison Purves50 years Dec 2024- Director

P&L

September 2024

turnover

15.2m

-4%

operating profit

1.5m

-38%

gross margin

62.9%

+0.07%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2024

net assets

313.1k

-0.92%

total assets

7.9m

-0.34%

cash

709k

-0.16%

net assets

Total assets minus all liabilities

william purves (funeral directors) limited company details

company number

SC060678

Type

Private limited with Share Capital

industry

96030 - Funeral and related activities

incorporation date

September 1976

age

49

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

September 2024

previous names

N/A

accountant

-

auditor

AZETS AUDIT SERVICES

address

oakvale funeral home, 106 whitehouse loan, edinburgh, EH9 1BD

Bank

THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

MORTON FRASER MACROBERTS

william purves (funeral directors) 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 26 charges/mortgages relating to william purves (funeral directors) limited. Currently there are 24 open charges and 2 have been satisfied in the past.

william purves (funeral directors) 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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william purves (funeral directors) limited Companies House Filings - See Documents

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