Pomanda estimates the enterprise value of PARSEC LIMITED at £906k based on a Turnover of £2.3m and 0.39x industry multiple (adjusted for size and gross margin).
parsec limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of PARSEC LIMITED at £0 based on an EBITDA of £-2.6k and a 3.72x industry multiple (adjusted for size and gross margin).
parsec limitedEstimated Valuation
£929k
Pomanda estimates the enterprise value of PARSEC LIMITED at £929k based on Net Assets of £819.2k and 1.13x industry multiple (adjusted for liquidity).
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Parsec LimitedOverview
Parsec Limited is a dissolved company that was located in wilmslow, SK9 1BQ with a Companies House number of 00780099. It operated in the non-trading company sector, SIC Code 74990. Founded in November 1963, it's largest shareholder was
harold haslam
with a 100% stake. The last turnover for Parsec Limited was estimated at £2.3m.
Pomanda's financial health check has awarded Parsec Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
1 Regular
5 Weak
Size
annual sales of £166k, make it smaller than the average company (£2.9m)
£166k - Parsec Limited
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -57%, show it is growing at a slower rate (4%)
-57% - Parsec Limited
4% - Industry AVG
Production
with a gross margin of 17.3%, this company has a higher cost of product (33.9%)
17.3% - Parsec Limited
33.9% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (5.7%)
-0.9% - Parsec Limited
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (37)
1 - Parsec Limited
37 - Industry AVG
Pay Structure
on an average salary of £36.5k, the company has an equivalent pay structure (£36.5k)
£36.5k - Parsec Limited
£36.5k - Industry AVG
Efficiency
resulting in sales per employee of £166k, this is more efficient (£127.9k)
£166k - Parsec Limited
£127.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Parsec Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 141 days, this is slower than average (42 days)
141 days - Parsec Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Parsec Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Parsec Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.1%, this is a lower level of debt than the average (49.7%)
6.1% - Parsec Limited
49.7% - Industry AVG
PARSEC LIMITED financials
EXPORT
Parsec Limited's latest turnover from October 2019 is estimated at £2.3 million and the company has net assets of £819.2 thousand. According to their latest financial statements, we estimate that Parsec Limited has 9 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2019
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Turnover
2,326,439
166,017
2,565,772
3,042,031
2,159,684
2,199,246
2,380,182
178,817
134,334
116,376
129,409
Other Income Or Grants
Cost Of Sales
1,932,691
137,372
2,112,157
2,509,860
1,779,258
1,802,427
1,966,759
149,378
112,610
96,786
108,659
Gross Profit
393,748
28,645
453,615
532,172
380,426
396,818
413,423
29,439
21,724
19,590
20,751
Admin Expenses
396,340
30,208
455,702
181,372
396,825
415,608
-211,647
59,679
39,475
23,027
21,144
Operating Profit
-2,592
-1,563
-2,087
350,800
-16,399
-18,790
625,070
-30,240
-17,751
-3,437
-393
Interest Payable
Interest Receivable
425
829
794
783
5,307
Pre-Tax Profit
-2,592
-1,563
-2,087
350,800
-16,399
-18,790
625,495
-29,411
-16,957
-2,654
Tax
-70,160
-143,864
Profit After Tax
-2,592
-1,563
-2,087
280,640
-16,399
-18,790
481,631
-29,411
-16,957
-2,654
Dividends Paid
Retained Profit
-2,592
-1,563
-2,087
280,640
-16,399
-18,790
481,631
-29,411
-16,957
-2,654
Employee Costs
323,423
36,459
340,231
398,504
290,963
267,259
286,759
31,944
31,206
31,221
32,488
Number Of Employees
9
1
10
12
9
8
9
1
1
1
1
EBITDA*
-2,592
-1,563
-2,087
350,800
-16,399
-18,790
625,070
-28,130
-15,641
419
3,716
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2019
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Tangible Assets
873,427
26,791
28,631
30,471
53,456
55,566
57,721
62,337
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
873,427
26,791
28,631
30,471
53,456
55,566
57,721
62,337
Stock & work in progress
368
397
677
889
Trade Debtors
821,433
901,405
978,103
656,449
661,836
718,504
8,215
9,766
9,402
9,601
Group Debtors
Misc Debtors
Cash
170,119
161,388
156,018
157,272
misc current assets
3,176
1,455
1,462
1,555
total current assets
821,433
901,405
981,279
657,904
663,298
720,059
178,702
171,551
166,097
167,762
total assets
821,433
873,427
901,405
981,279
684,695
691,929
750,530
232,158
227,117
223,818
230,099
Bank overdraft
Bank loan
Trade Creditors
2,217
53,182
77,495
155,078
139,970
131,019
168,691
132,771
98,048
77,526
80,542
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
2,217
53,182
77,495
155,078
139,970
131,019
168,691
132,771
98,048
77,526
80,542
loans
hp & lease commitments
Accruals and Deferred Income
2,102
2,306
1,470
1,256
3,395
other liabilities
provisions
1,074
1,345
1,611
2,222
total long term liabilities
2,102
2,306
1,470
1,256
3,395
1,074
1,345
1,611
2,222
total liabilities
2,217
53,182
79,597
157,384
141,440
132,275
172,086
133,845
99,393
79,137
82,764
net assets
819,216
820,245
821,808
823,895
543,255
559,654
578,444
98,313
127,724
144,681
147,335
total shareholders funds
819,216
820,245
821,808
823,895
543,255
559,654
578,444
98,313
127,724
144,681
147,335
Oct 2019
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Operating Activities
Operating Profit
-2,592
-1,563
-2,087
350,800
-16,399
-18,790
625,070
-30,240
-17,751
-3,437
-393
Depreciation
2,110
2,110
3,856
4,109
Amortisation
Tax
-70,160
-143,864
Stock
-368
-29
-280
-212
889
Debtors
-79,972
-901,405
-76,698
321,654
-5,387
-56,668
710,289
-1,551
364
-199
9,601
Creditors
-75,278
-24,313
-77,583
15,108
8,951
-37,672
35,920
34,723
20,522
-3,016
80,542
Accruals and Deferred Income
-2,102
-2,102
-204
836
214
-2,139
3,395
Deferred Taxes & Provisions
-1,074
-271
-266
-611
2,222
Cash flow from operations
873,427
-3,176
-25,070
-1,847
-1,933
-190,474
7,902
4,531
-2,797
75,990
Investing Activities
capital expenditure
-873,427
26,791
1,840
1,840
22,985
45
760
-66,446
Change in Investments
cash flow from investments
-873,427
26,791
1,840
1,840
22,985
45
760
-66,446
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-1,500
147,335
interest
425
829
794
783
5,307
cash flow from financing
-1,075
829
794
783
152,642
cash and cash equivalents
cash
-170,119
8,731
5,370
-1,254
157,272
overdraft
change in cash
-170,119
8,731
5,370
-1,254
157,272
parsec limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for parsec limited. Get real-time insights into parsec limited's credit score, group structure and payment trends.
Perform a competitor analysis for parsec limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in SK9 area or any other competitors across 12 key performance metrics.
parsec limited Ownership
PARSEC LIMITED group structure
Parsec Limited has no subsidiary companies.
Ultimate parent company
PARSEC LIMITED
00780099
PARSEC LIMITED Shareholders
The sole shareholder of Parsec Limited is Harold Haslam.
harold haslam
100%
parsec limited directors
Parsec Limited currently has 1 director, Ms Jacqueline Haslam serving since Jul 1997.
suite 4 aus bore house 19-25, manchester road, wilmslow, cheshire, SK9 1BQ
Bank
-
Legal Advisor
-
parsec 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 7 charges/mortgages relating to parsec limited. Currently there are 0 open charges and 7 have been satisfied in the past.
parsec 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 PARSEC LIMITED. This can take several minutes, an email will notify you when this has completed.
parsec limitedCompanies House Filings - See Documents
