plating barrels ltd
plating barrels ltd Company Information
Company Number
07584288
Website
http://platingbarrels.comRegistered Address
unit d3, haybrook industrial estate, telford, shropshire, TF7 4QW
Industry
Activities of construction holding companies
Telephone
01952586478
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
eagle engineering (group) ltd 100%
plating barrels ltd Estimated Valuation
Pomanda estimates the enterprise value of PLATING BARRELS LTD at £930.1k based on a Turnover of £953.7k and 0.98x industry multiple (adjusted for size and gross margin).
plating barrels ltd Estimated Valuation
Pomanda estimates the enterprise value of PLATING BARRELS LTD at £0 based on an EBITDA of £-3.3k and a 3.98x industry multiple (adjusted for size and gross margin).
plating barrels ltd Estimated Valuation
Pomanda estimates the enterprise value of PLATING BARRELS LTD at £819.6k based on Net Assets of £402.9k and 2.03x industry multiple (adjusted for liquidity).
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Plating Barrels Ltd Overview
Plating Barrels Ltd is a live company located in telford, TF7 4QW with a Companies House number of 07584288. It operates in the activities of construction holding companies sector, SIC Code 64203. Founded in March 2011, it's largest shareholder is eagle engineering (group) ltd with a 100% stake. Plating Barrels Ltd is a established, small sized company, Pomanda has estimated its turnover at £953.7k with declining growth in recent years.
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Plating Barrels Ltd Health Check
Pomanda's financial health check has awarded Plating Barrels Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £953.7k, make it smaller than the average company (£25.7m)
- Plating Barrels Ltd
£25.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -38%, show it is growing at a slower rate (6.4%)
- Plating Barrels Ltd
6.4% - Industry AVG
Production
with a gross margin of 11%, this company has a higher cost of product (17.6%)
- Plating Barrels Ltd
17.6% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (4.8%)
- Plating Barrels Ltd
4.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (82)
- Plating Barrels Ltd
82 - Industry AVG
Pay Structure
on an average salary of £50.6k, the company has an equivalent pay structure (£50.6k)
- Plating Barrels Ltd
£50.6k - Industry AVG
Efficiency
resulting in sales per employee of £476.8k, this is more efficient (£332.9k)
- Plating Barrels Ltd
£332.9k - Industry AVG
Debtor Days
it gets paid by customers after 151 days, this is later than average (53 days)
- Plating Barrels Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (47 days)
- Plating Barrels Ltd
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Plating Barrels Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Plating Barrels Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.4%, this is a lower level of debt than the average (61.6%)
0.4% - Plating Barrels Ltd
61.6% - Industry AVG
plating barrels ltd Credit Report and Business Information
Plating Barrels Ltd Competitor Analysis
Perform a competitor analysis for plating barrels ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
plating barrels ltd Ownership
PLATING BARRELS LTD group structure
Plating Barrels Ltd has 1 subsidiary company.
Ultimate parent company
1 parent
PLATING BARRELS LTD
07584288
1 subsidiary
plating barrels ltd directors
Plating Barrels Ltd currently has 2 directors. The longest serving directors include Mr Simon Nixon (Jul 2011) and Mr Martin Nixon (Aug 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Nixon | England | 59 years | Jul 2011 | - | Director |
| Mr Martin Nixon | England | 63 years | Aug 2015 | - | Director |
PLATING BARRELS LTD financials
Plating Barrels Ltd's latest turnover from April 2023 is estimated at £953.7 thousand and the company has net assets of £402.9 thousand. According to their latest financial statements, we estimate that Plating Barrels Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | ||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,606 | 11,283 | 13,256 | 15,577 | 18,308 | 21,521 | 20,501 | 101 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 101 | 101 | 101 | 101 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,606 | 11,283 | 13,256 | 15,577 | 18,308 | 21,521 | 20,501 | 101 | 101 | 101 | 101 | 101 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 395,136 | 396,781 | 442,036 | 1,571,520 | 1,409,170 | 21,504 | 74,595 | 899,944 | 71,696 | 11,633 | 40,051 | 140,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 1,266,516 | 1,221,514 | 0 | 346,683 | 314,193 | 287,412 | 192,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 395,136 | 396,781 | 442,036 | 1,571,520 | 1,409,170 | 1,288,020 | 1,296,109 | 899,944 | 418,379 | 325,826 | 327,463 | 332,000 |
| total assets | 404,742 | 408,064 | 455,292 | 1,587,097 | 1,427,478 | 1,309,541 | 1,316,610 | 900,045 | 418,480 | 325,927 | 327,564 | 332,101 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,800 | 1,800 | 45,513 | 45,463 | 4,438 | 1,423 | 40,372 | 20,517 | 19,867 | 34,996 | 47,635 | 360 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,800 | 1,800 | 45,513 | 45,463 | 4,438 | 1,423 | 40,372 | 20,517 | 19,867 | 34,996 | 47,635 | 360 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,800 | 1,800 | 45,513 | 45,463 | 4,438 | 1,423 | 40,372 | 20,517 | 19,867 | 34,996 | 47,635 | 360 |
| net assets | 402,942 | 406,264 | 409,779 | 1,541,634 | 1,423,040 | 1,308,118 | 1,276,238 | 879,528 | 398,613 | 290,931 | 279,929 | 331,741 |
| total shareholders funds | 402,942 | 406,264 | 409,779 | 1,541,634 | 1,423,040 | 1,308,118 | 1,276,238 | 879,528 | 398,613 | 290,931 | 279,929 | 331,741 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | |||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | |||||||
| Tax | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,645 | -45,255 | -1,129,484 | 162,350 | 1,387,666 | -53,091 | -825,349 | 828,248 | 60,063 | -28,418 | -99,949 | 140,000 |
| Creditors | 0 | -43,713 | 50 | 41,025 | 3,015 | -38,949 | 19,855 | 650 | -15,129 | -12,639 | 47,275 | 360 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -101 | 0 | 0 | 0 | 101 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 0 | 0 | 0 | 0 | -1,266,516 | 45,002 | 1,221,514 | -346,683 | 32,490 | 26,781 | 95,412 | 192,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -1,266,516 | 45,002 | 1,221,514 | -346,683 | 32,490 | 26,781 | 95,412 | 192,000 |
P&L
April 2023turnover
953.7k
+1%
operating profit
-3.3k
0%
gross margin
11%
-2.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
402.9k
-0.01%
total assets
404.7k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
plating barrels ltd company details
company number
07584288
Type
Private limited with Share Capital
industry
64203 - Activities of construction holding companies
incorporation date
March 2011
age
13
accounts
Micro-Entity Accounts
ultimate parent company
previous names
eagle engineering (holdings) ltd (November 2021)
incorporated
UK
address
unit d3, haybrook industrial estate, telford, shropshire, TF7 4QW
last accounts submitted
April 2023
plating barrels 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 plating barrels ltd.
plating barrels ltd Companies House Filings - See Documents
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