bluesky plumbing limited

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bluesky plumbing limited Company Information

Share BLUESKY PLUMBING LIMITED
Live 
EstablishedMidHigh

Company Number

07239933

Registered Address

unit 12 kingfisher court, south lancashire industrial esta, wigan, lancs, WN4 9DW

Industry

Plumbing, heat and air-conditioning installation

 

Telephone

01942721177

Next Accounts Due

March 2025

Group Structure

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Directors

William Gibson14 Years

Karen Gibson13 Years

Shareholders

ryan houghton 24.5%

natalie quinn 24.5%

View All

bluesky plumbing limited Estimated Valuation

£4.4m

Pomanda estimates the enterprise value of BLUESKY PLUMBING LIMITED at £4.4m based on a Turnover of £9.3m and 0.47x industry multiple (adjusted for size and gross margin).

bluesky plumbing limited Estimated Valuation

£2.3m

Pomanda estimates the enterprise value of BLUESKY PLUMBING LIMITED at £2.3m based on an EBITDA of £436.7k and a 5.33x industry multiple (adjusted for size and gross margin).

bluesky plumbing limited Estimated Valuation

£6.4m

Pomanda estimates the enterprise value of BLUESKY PLUMBING LIMITED at £6.4m based on Net Assets of £2m and 3.25x industry multiple (adjusted for liquidity).

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Bluesky Plumbing Limited Overview

Bluesky Plumbing Limited is a live company located in wigan, WN4 9DW with a Companies House number of 07239933. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in April 2010, it's largest shareholder is ryan houghton with a 24.5% stake. Bluesky Plumbing Limited is a established, mid sized company, Pomanda has estimated its turnover at £9.3m with high growth in recent years.

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Bluesky Plumbing Limited Health Check

Pomanda's financial health check has awarded Bluesky Plumbing Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

2 Regular

positive_score

2 Weak

size

Size

annual sales of £9.3m, make it larger than the average company (£315.4k)

£9.3m - Bluesky Plumbing Limited

£315.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (5.5%)

24% - Bluesky Plumbing Limited

5.5% - Industry AVG

production

Production

with a gross margin of 27.7%, this company has a comparable cost of product (27.7%)

27.7% - Bluesky Plumbing Limited

27.7% - Industry AVG

profitability

Profitability

an operating margin of 3.7% make it less profitable than the average company (5.5%)

3.7% - Bluesky Plumbing Limited

5.5% - Industry AVG

employees

Employees

with 52 employees, this is above the industry average (4)

52 - Bluesky Plumbing Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.7k, the company has an equivalent pay structure (£32.7k)

£32.7k - Bluesky Plumbing Limited

£32.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £178.3k, this is more efficient (£113.1k)

£178.3k - Bluesky Plumbing Limited

£113.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 91 days, this is later than average (56 days)

91 days - Bluesky Plumbing Limited

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 71 days, this is slower than average (50 days)

71 days - Bluesky Plumbing Limited

50 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 4 days, this is less than average (9 days)

4 days - Bluesky Plumbing Limited

9 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (19 weeks)

30 weeks - Bluesky Plumbing Limited

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 48.3%, this is a lower level of debt than the average (61.9%)

48.3% - Bluesky Plumbing Limited

61.9% - Industry AVG

bluesky plumbing 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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Bluesky Plumbing Limited Competitor Analysis

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Perform a competitor analysis for bluesky plumbing limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

bluesky plumbing limited Ownership

BLUESKY PLUMBING LIMITED group structure

Bluesky Plumbing Limited has no subsidiary companies.

Ultimate parent company

BLUESKY PLUMBING LIMITED

07239933

BLUESKY PLUMBING LIMITED Shareholders

ryan houghton 24.5%
natalie quinn 24.5%
mark gavin 24.5%
william david gibson 13.3%
karen margaret gibson 13.2%

bluesky plumbing limited directors

Bluesky Plumbing Limited currently has 2 directors. The longest serving directors include Mr William Gibson (Apr 2010) and Mrs Karen Gibson (Dec 2010).

officercountryagestartendrole
Mr William Gibson69 years Apr 2010- Director
Mrs Karen Gibson68 years Dec 2010- Director

BLUESKY PLUMBING LIMITED financials

EXPORTms excel logo

Bluesky Plumbing Limited's latest turnover from June 2023 is estimated at £9.3 million and the company has net assets of £2 million. According to their latest financial statements, Bluesky Plumbing Limited has 52 employees and maintains cash reserves of £1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011
Turnover9,270,7768,647,1937,655,9124,893,3396,167,6816,127,8196,643,5575,950,6326,720,7946,242,0745,618,5485,739,4914,294,819
Other Income Or Grants0000000000000
Cost Of Sales6,703,2046,124,8455,506,0153,406,8094,154,7574,154,6384,355,0773,869,0954,460,8734,028,8363,500,6853,560,0612,649,815
Gross Profit2,567,5712,522,3482,149,8981,486,5302,012,9241,973,1812,288,4802,081,5372,259,9212,213,2382,117,8622,179,4301,645,004
Admin Expenses2,228,3362,191,3861,856,7711,151,8521,730,5671,538,9111,830,0913,426,5471,309,7901,998,7552,031,1801,924,6001,522,942
Operating Profit339,235330,962293,127334,678282,357434,270458,389-1,345,010950,131214,48386,682254,830122,062
Interest Payable0000000000000
Interest Receivable43,5439,0177466543,0052,5732,9205,8992,8331,2836181280
Pre-Tax Profit382,777339,979293,873335,332285,362436,843461,309-1,339,111952,964215,76687,300254,958122,062
Tax-95,694-64,596-55,836-63,713-54,219-83,000-87,6490-190,593-45,311-20,079-61,190-31,736
Profit After Tax287,083275,383238,037271,619231,143353,843373,660-1,339,111762,371170,45567,221193,76890,326
Dividends Paid0000000000000
Retained Profit287,083275,383238,037271,619231,143353,843373,660-1,339,111762,371170,45567,221193,76890,326
Employee Costs1,701,6261,697,3431,691,5881,660,6111,592,3161,587,7171,459,3351,572,6861,715,0391,589,8521,449,3721,552,3701,323,784
Number Of Employees52525150464544434845414538
EBITDA*436,656433,311370,047388,233326,607480,815499,390-1,302,658984,893240,524110,164275,011137,701

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011
Tangible Assets144,315234,890346,692191,12097,21397,85279,01897,311101,97769,19446,60653,55851,812
Intangible Assets0000000000000
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets144,315234,890346,692191,12097,21397,85279,01897,311101,97769,19446,60653,55851,812
Stock & work in progress85,04271,772113,78046,76026,80530,13023,65035,610146,0002,07422,62922,12716,213
Trade Debtors2,323,1572,133,1431,693,584929,4061,346,8511,352,9041,331,6811,202,5431,254,8131,128,165948,8921,011,374693,380
Group Debtors0000000000000
Misc Debtors222,807190,066303,851196,450176,48097,229271,939530,219126,2440000
Cash1,047,156694,544748,121743,998564,429236,862792,3771,543,405816,196317,056195,98251,2740
misc current assets0000000000000
total current assets3,678,1623,089,5252,859,3361,916,6142,114,5651,717,1252,419,6473,311,7772,343,2531,447,2951,167,5031,084,775709,593
total assets3,822,4773,324,4153,206,0282,107,7342,211,7781,814,9772,498,6653,409,0882,445,2301,516,4891,214,1091,138,333761,405
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 1,317,4531,128,1881,269,427532,281874,180778,122832,446706,503739,818980,779853,372843,427660,222
Group/Directors Accounts60060000000021,5190000
other short term finances0000000000000
hp & lease commitments0000000000000
other current liabilities492,446438,338421,584362,640414,068344,8421,347,4282,737,991379,2550000
total current liabilities1,810,4991,567,1261,691,011894,9211,288,2481,122,9642,179,8743,444,4941,140,592980,779853,372843,427660,222
loans0000000000000
hp & lease commitments0000000000000
Accruals and Deferred Income0000000000000
other liabilities0000000000000
provisions36,07968,473101,58437,41719,75319,379019,46320,39613,8399,32110,71110,756
total long term liabilities36,07968,473101,58437,41719,75319,379019,46320,39613,8399,32110,71110,756
total liabilities1,846,5781,635,5991,792,595932,3381,308,0011,142,3432,179,8743,463,9571,160,988994,618862,693854,138670,978
net assets1,975,8991,688,8161,413,4331,175,396903,777672,634318,791-54,8691,284,242521,871351,416284,19590,427
total shareholders funds1,975,8991,688,8161,413,4331,175,396903,777672,634318,791-54,8691,284,242521,871351,416284,19590,427
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011
Operating Activities
Operating Profit339,235330,962293,127334,678282,357434,270458,389-1,345,010950,131214,48386,682254,830122,062
Depreciation97,421102,34976,92053,55544,25046,54541,00142,35234,76226,04123,48220,18115,639
Amortisation0000000000000
Tax-95,694-64,596-55,836-63,713-54,219-83,000-87,6490-190,593-45,311-20,079-61,190-31,736
Stock13,270-42,00867,02019,955-3,3256,480-11,960-110,390143,926-20,5555025,91416,213
Debtors222,755325,774871,579-397,47573,198-153,487-129,142351,705252,892179,273-62,482317,994693,380
Creditors189,265-141,239737,146-341,89996,058-54,324125,943-33,315-240,961127,4079,945183,205660,222
Accruals and Deferred Income54,10816,75458,944-51,42869,226-1,002,586-1,390,5632,358,736379,2550000
Deferred Taxes & Provisions-32,394-33,11164,16717,66437419,379-19,463-9336,5574,518-1,390-4510,756
Cash flow from operations315,916-72,647235,869326,377368,173-492,709-731,240780,515542,333168,420160,62073,07367,350
Investing Activities
capital expenditure-6,8469,453-232,492-147,462-43,611-65,379-22,708-37,686-67,545-48,629-16,530-21,927-67,451
Change in Investments0000000000000
cash flow from investments-6,8469,453-232,492-147,462-43,611-65,379-22,708-37,686-67,545-48,629-16,530-21,927-67,451
Financing Activities
Bank loans0000000000000
Group/Directors Accounts060000000-21,51921,5190000
Other Short Term Loans 0000000000000
Long term loans0000000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities0000000000000
share issue000000000000101
interest43,5439,0177466543,0052,5732,9205,8992,8331,2836181280
cash flow from financing43,5439,6177466543,0052,5732,920-15,62024,3521,283618128101
cash and cash equivalents
cash352,612-53,5774,123179,569327,567-555,515-751,028727,209499,140121,074144,70851,2740
overdraft0000000000000
change in cash352,612-53,5774,123179,569327,567-555,515-751,028727,209499,140121,074144,70851,2740

P&L

June 2023

turnover

9.3m

+7%

operating profit

339.2k

0%

gross margin

27.7%

-5.05%

turnover

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

Balance Sheet

June 2023

net assets

2m

+0.17%

total assets

3.8m

+0.15%

cash

1m

+0.51%

net assets

Total assets minus all liabilities

bluesky plumbing limited company details

company number

07239933

Type

Private limited with Share Capital

industry

43220 - Plumbing, heat and air-conditioning installation

incorporation date

April 2010

age

14

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

UK

address

unit 12 kingfisher court, south lancashire industrial esta, wigan, lancs, WN4 9DW

last accounts submitted

June 2023

bluesky plumbing 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 did not find charges/mortgages relating to bluesky plumbing limited.

charges

bluesky plumbing limited Companies House Filings - See Documents

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