parmelee limited
parmelee limited Company Information
Company Number
00517490
Next Accounts
Sep 2025
Shareholders
bunzl holding lce limited
Group Structure
View All
Industry
Other manufacturing n.e.c.
Registered Address
york house 45 seymour street, london, W1H 7JT
Website
http://mcrsafetyeurope.comparmelee limited Estimated Valuation
Pomanda estimates the enterprise value of PARMELEE LIMITED at £4.9m based on a Turnover of £7.3m and 0.67x industry multiple (adjusted for size and gross margin).
parmelee limited Estimated Valuation
Pomanda estimates the enterprise value of PARMELEE LIMITED at £1.9m based on an EBITDA of £420.4k and a 4.54x industry multiple (adjusted for size and gross margin).
parmelee limited Estimated Valuation
Pomanda estimates the enterprise value of PARMELEE LIMITED at £7.4m based on Net Assets of £3.3m and 2.24x industry multiple (adjusted for liquidity).
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Parmelee Limited Overview
Parmelee Limited is a live company located in london, W1H 7JT with a Companies House number of 00517490. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in March 1953, it's largest shareholder is bunzl holding lce limited with a 100% stake. Parmelee Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.3m with declining growth in recent years.
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Parmelee Limited Health Check
Pomanda's financial health check has awarded Parmelee Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
8 Weak
Size
annual sales of £7.3m, make it smaller than the average company (£14.2m)
£7.3m - Parmelee Limited
£14.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (6.3%)
-5% - Parmelee Limited
6.3% - Industry AVG
Production
with a gross margin of 20.5%, this company has a higher cost of product (30.3%)
20.5% - Parmelee Limited
30.3% - Industry AVG
Profitability
an operating margin of 5.2% make it as profitable than the average company (6.4%)
5.2% - Parmelee Limited
6.4% - Industry AVG
Employees
with 29 employees, this is below the industry average (70)
29 - Parmelee Limited
70 - Industry AVG
Pay Structure
on an average salary of £33.6k, the company has a lower pay structure (£42.7k)
£33.6k - Parmelee Limited
£42.7k - Industry AVG
Efficiency
resulting in sales per employee of £251.1k, this is more efficient (£185.9k)
£251.1k - Parmelee Limited
£185.9k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (53 days)
65 days - Parmelee Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (40 days)
27 days - Parmelee Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 117 days, this is more than average (68 days)
117 days - Parmelee Limited
68 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is average cash available to meet short term requirements (12 weeks)
11 weeks - Parmelee Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.6%, this is a higher level of debt than the average (47.6%)
60.6% - Parmelee Limited
47.6% - Industry AVG
PARMELEE LIMITED financials
Parmelee Limited's latest turnover from December 2023 is £7.3 million and the company has net assets of £3.3 million. According to their latest financial statements, Parmelee Limited has 29 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,280,976 | 8,233,787 | 6,823,212 | 8,613,322 | |||||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | |||||||||||
| Cost Of Sales | 5,790,288 | 6,778,526 | 5,524,365 | 6,504,449 | |||||||||||
| Gross Profit | 1,490,688 | 1,455,261 | 1,298,847 | 2,108,873 | |||||||||||
| Admin Expenses | 1,113,000 | 1,117,055 | 1,039,237 | 1,267,224 | |||||||||||
| Operating Profit | 377,688 | 338,206 | 259,610 | 841,649 | |||||||||||
| Interest Payable | 278,532 | 141,351 | 96,148 | 148,212 | |||||||||||
| Interest Receivable | 0 | 0 | 0 | 0 | |||||||||||
| Pre-Tax Profit | 99,156 | 196,855 | 163,462 | 693,437 | |||||||||||
| Tax | -34,974 | -37,402 | -19,979 | -140,905 | |||||||||||
| Profit After Tax | 64,182 | 159,453 | 143,483 | 552,532 | |||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | |||||||||||
| Retained Profit | 64,182 | 159,453 | 143,483 | 552,532 | |||||||||||
| Employee Costs | 975,419 | 923,396 | 869,293 | 604,045 | |||||||||||
| Number Of Employees | 29 | 29 | 28 | 25 | 23 | 23 | 21 | 20 | 20 | ||||||
| EBITDA* | 420,368 | 373,379 | 289,411 | 887,497 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,034,449 | 1,044,710 | 603,858 | 611,267 | 615,828 | 660,921 | 641,688 | 585,814 | 606,053 | 639,707 | 662,260 | 220,642 | 153,165 | 156,800 | 177,827 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 992,067 | 992,067 | 992,067 | 992,067 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 954,242 | 914,643 | 914,643 | 793,118 |
| Total Fixed Assets | 2,026,516 | 2,036,777 | 1,595,925 | 1,603,334 | 615,828 | 660,921 | 641,688 | 585,814 | 606,053 | 639,707 | 662,260 | 1,174,884 | 1,067,808 | 1,071,443 | 970,945 |
| Stock & work in progress | 1,866,932 | 2,067,030 | 1,590,032 | 1,548,424 | 808,064 | 851,582 | 673,959 | 398,666 | 271,332 | 269,516 | 256,978 | 243,062 | 266,598 | 243,770 | 225,646 |
| Trade Debtors | 1,308,928 | 1,368,834 | 1,057,470 | 988,338 | 1,007,051 | 1,595,790 | 524,094 | 368,592 | 393,253 | 417,045 | 432,476 | 365,832 | 376,344 | 357,306 | 314,980 |
| Group Debtors | 2,014,467 | 2,298,507 | 2,207,240 | 2,308,522 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 33,986 | 13,881 | 35,223 | 148,844 | 34,728 | 30,442 | 66,483 | 41,506 | 31,683 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,119,923 | 1,138,195 | 957,572 | 4,502,640 | 1,158,203 | 667,651 | 95,241 | 212,888 | 131,577 | 40,548 | 29,458 | 128,615 | 124,380 | 134,701 | 202,041 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,344,236 | 6,886,447 | 5,847,537 | 9,496,768 | 3,008,046 | 3,145,465 | 1,359,777 | 1,021,652 | 827,845 | 727,109 | 718,912 | 737,509 | 767,322 | 735,777 | 742,667 |
| total assets | 8,370,752 | 8,923,224 | 7,443,462 | 11,100,102 | 3,623,874 | 3,806,386 | 2,001,465 | 1,607,466 | 1,433,898 | 1,366,816 | 1,381,172 | 1,912,393 | 1,835,130 | 1,807,220 | 1,713,612 |
| Bank overdraft | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| Trade Creditors | 438,851 | 933,933 | 4,578,658 | 338,150 | 426,005 | 1,000,462 | 206,813 | 201,695 | 48,700 | 363,872 | 393,944 | 137,693 | 178,825 | 191,727 | 169,787 |
| Group/Directors Accounts | 4,067,859 | 4,460,257 | 0 | 7,895,263 | 839,438 | 870,851 | 548,069 | 199,304 | 201,228 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,674 | 15,692 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 481,458 | 207,112 | 171,080 | 316,448 | 363,522 | 274,658 | 76,849 | 88,099 | 97,896 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,988,168 | 5,601,302 | 4,749,738 | 8,549,861 | 1,628,965 | 2,145,971 | 831,731 | 502,772 | 363,516 | 363,872 | 393,944 | 137,693 | 178,825 | 191,727 | 169,787 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,674 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29,366 | 44,291 | 58,128 | 0 | 0 | 0 |
| provisions | 84,570 | 88,090 | 9,500 | 9,500 | 6,700 | 9,200 | 5,500 | 7,700 | 7,500 | 8,700 | 6,000 | 6,900 | 0 | 1,900 | 2,300 |
| total long term liabilities | 84,570 | 88,090 | 9,500 | 9,500 | 6,700 | 9,200 | 5,500 | 7,700 | 21,174 | 38,066 | 50,291 | 65,028 | 0 | 1,900 | 2,300 |
| total liabilities | 5,072,738 | 5,689,392 | 4,759,238 | 8,559,361 | 1,635,665 | 2,155,171 | 837,231 | 510,472 | 384,690 | 401,938 | 444,235 | 202,721 | 178,825 | 193,627 | 172,087 |
| net assets | 3,298,014 | 3,233,832 | 2,684,224 | 2,540,741 | 1,988,209 | 1,651,215 | 1,164,234 | 1,096,994 | 1,049,208 | 964,878 | 936,937 | 1,709,672 | 1,656,305 | 1,613,593 | 1,541,525 |
| total shareholders funds | 3,298,014 | 3,233,832 | 2,684,224 | 2,540,741 | 1,988,209 | 1,651,215 | 1,164,234 | 1,096,994 | 1,049,208 | 964,878 | 936,937 | 1,709,672 | 1,656,305 | 1,613,593 | 1,541,525 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 377,688 | 338,206 | 259,610 | 841,649 | |||||||||||
| Depreciation | 42,680 | 35,173 | 29,801 | 45,848 | 50,589 | 56,004 | 44,296 | 43,169 | 40,654 | 43,033 | 29,934 | 27,242 | 31,643 | 38,851 | 39,952 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -34,974 | -37,402 | -19,979 | -140,905 | |||||||||||
| Stock | -200,098 | 476,998 | 41,608 | 740,360 | -43,518 | 177,623 | 275,293 | 127,334 | 1,816 | 12,538 | 13,916 | -23,536 | 22,828 | 18,124 | 225,646 |
| Debtors | -323,841 | 381,289 | -145,771 | 2,403,925 | -584,453 | 1,035,655 | 180,479 | -14,838 | 7,891 | -15,431 | -887,598 | 29,087 | 19,038 | 163,851 | 1,108,098 |
| Creditors | -495,082 | -3,644,725 | 4,240,508 | -87,855 | -574,457 | 793,649 | 5,118 | 152,995 | -315,172 | -30,072 | 256,251 | -41,132 | -12,902 | 21,940 | 169,787 |
| Accruals and Deferred Income | 274,346 | 36,032 | -145,368 | -47,074 | 88,864 | 197,809 | -11,250 | -9,797 | 97,896 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -3,520 | 78,590 | 0 | 2,800 | -2,500 | 3,700 | -2,200 | 200 | -1,200 | 2,700 | -900 | 6,900 | -1,900 | -400 | 2,300 |
| Cash flow from operations | 685,077 | -4,052,413 | 4,468,735 | -2,529,822 | |||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 992,067 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -392,398 | 4,460,257 | -7,895,263 | 7,055,825 | -31,413 | 322,782 | 348,765 | -1,924 | 201,228 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | -13,674 | -15,692 | 29,366 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -29,366 | -14,925 | -13,837 | 58,128 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -278,532 | -141,351 | -96,148 | -148,212 | |||||||||||
| cash flow from financing | -670,930 | 4,709,061 | -7,991,411 | 6,907,613 | |||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -18,272 | 180,623 | -3,545,068 | 3,344,437 | 490,552 | 572,410 | -117,647 | 81,311 | 91,029 | 11,090 | -99,157 | 4,235 | -10,321 | -67,340 | 202,041 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -18,272 | 180,623 | -3,545,068 | 3,344,437 | 490,552 | 572,410 | -117,647 | 81,311 | 91,029 | 11,090 | -99,157 | 4,235 | -10,321 | -67,340 | 202,041 |
parmelee limited Credit Report and Business Information
Parmelee Limited Competitor Analysis
Perform a competitor analysis for parmelee limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in W1H area or any other competitors across 12 key performance metrics.
parmelee limited Ownership
PARMELEE LIMITED group structure
Parmelee Limited has 1 subsidiary company.
Ultimate parent company
2 parents
PARMELEE LIMITED
00517490
1 subsidiary
parmelee limited directors
Parmelee Limited currently has 3 directors. The longest serving directors include Mr Russell Newcomb Ferreday (Jan 2005) and Mr Daniel Lett (Dec 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Russell Newcomb Ferreday | United Kingdom | 51 years | Jan 2005 | - | Director |
| Mr Daniel Lett | United Kingdom | 55 years | Dec 2023 | - | Director |
| Mr James McCool | United Kingdom | 59 years | Dec 2023 | - | Director |
P&L
December 2023turnover
7.3m
-12%
operating profit
377.7k
+12%
gross margin
20.5%
+15.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.3m
+0.02%
total assets
8.4m
-0.06%
cash
1.1m
-0.02%
net assets
Total assets minus all liabilities
parmelee limited company details
company number
00517490
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
March 1953
age
72
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
DJH AUDIT LIMITED
address
york house 45 seymour street, london, W1H 7JT
Bank
BARCLAYS BANK PLC
Legal Advisor
-
parmelee 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 1 charges/mortgages relating to parmelee limited. Currently there are 1 open charges and 0 have been satisfied in the past.
parmelee 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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parmelee limited Companies House Filings - See Documents
| date | description | view/download |
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