palatine freight limited
palatine freight limited Company Information
Company Number
01430789
Next Accounts
Mar 2025
Directors
Shareholders
b. stubbs
mrs g.r. stubbs
Group Structure
View All
Industry
Other reservation service and related activities (not including activities of tourist guides)
Registered Address
hessle haven house, 14 livingstone road, hessle, north humberside, HU13 0EG
Website
-palatine freight limited Estimated Valuation
Pomanda estimates the enterprise value of PALATINE FREIGHT LIMITED at £36.2k based on a Turnover of £52.2k and 0.69x industry multiple (adjusted for size and gross margin).
palatine freight limited Estimated Valuation
Pomanda estimates the enterprise value of PALATINE FREIGHT LIMITED at £0 based on an EBITDA of £-31.6k and a 5.01x industry multiple (adjusted for size and gross margin).
palatine freight limited Estimated Valuation
Pomanda estimates the enterprise value of PALATINE FREIGHT LIMITED at £269 based on Net Assets of £111 and 2.43x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Palatine Freight Limited Overview
Palatine Freight Limited is a dissolved company that was located in hessle, HU13 0EG with a Companies House number of 01430789. It operated in the other reservation service activities n.e.c. sector, SIC Code 79909. Founded in June 1979, it's largest shareholder was b. stubbs with a 50% stake. The last turnover for Palatine Freight Limited was estimated at £52.2k.
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Palatine Freight Limited Health Check
Pomanda's financial health check has awarded Palatine Freight Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £52.2k, make it smaller than the average company (£1m)
- Palatine Freight Limited
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of -33%, show it is growing at a slower rate (-15.4%)
- Palatine Freight Limited
-15.4% - Industry AVG
Production
with a gross margin of 25.7%, this company has a higher cost of product (51.8%)
- Palatine Freight Limited
51.8% - Industry AVG
Profitability
an operating margin of -60.5% make it less profitable than the average company (2.8%)
- Palatine Freight Limited
2.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (14)
3 - Palatine Freight Limited
14 - Industry AVG
Pay Structure
on an average salary of £31.6k, the company has an equivalent pay structure (£31.6k)
- Palatine Freight Limited
£31.6k - Industry AVG
Efficiency
resulting in sales per employee of £17.4k, this is less efficient (£66.8k)
- Palatine Freight Limited
£66.8k - Industry AVG
Debtor Days
it gets paid by customers after 97 days, this is later than average (57 days)
- Palatine Freight Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 130 days, this is slower than average (65 days)
- Palatine Freight Limited
65 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Palatine Freight Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Palatine Freight Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.2%, this is a higher level of debt than the average (68.2%)
99.2% - Palatine Freight Limited
68.2% - Industry AVG
PALATINE FREIGHT LIMITED financials
Palatine Freight Limited's latest turnover from January 2022 is estimated at £52.2 thousand and the company has net assets of £111. According to their latest financial statements, Palatine Freight Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 3 | 3 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 957 | 297 | 349 | 411 | 484 | 570 | 671 | 790 | 166 | 196 | 231 | 12,737 | |
| Intangible Assets | |||||||||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 957 | 297 | 349 | 411 | 484 | 570 | 671 | 790 | 166 | 196 | 231 | 12,737 | |
| Stock & work in progress | |||||||||||||
| Trade Debtors | 13,956 | 132,343 | 123,255 | 51,980 | 90,923 | 113,418 | 40,195 | 48,158 | 56,871 | 83,500 | 93,371 | 58,311 | 87,364 |
| Group Debtors | |||||||||||||
| Misc Debtors | |||||||||||||
| Cash | 32,530 | 30,905 | 28,752 | 16,825 | 54,401 | 48,619 | 32,212 | 39,101 | |||||
| misc current assets | |||||||||||||
| total current assets | 13,956 | 132,343 | 123,255 | 84,510 | 90,923 | 113,418 | 71,100 | 76,910 | 73,696 | 137,901 | 141,990 | 90,523 | 126,465 |
| total assets | 13,956 | 133,300 | 123,552 | 84,859 | 91,334 | 113,902 | 71,670 | 77,581 | 74,486 | 138,067 | 142,186 | 90,754 | 139,202 |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 13,845 | 98,876 | 96,762 | 68,141 | 80,859 | 98,339 | 61,252 | 65,264 | 59,448 | 125,594 | 132,381 | 80,391 | 138,355 |
| Group/Directors Accounts | 351 | ||||||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 10,471 | ||||||||||||
| total current liabilities | 13,845 | 98,876 | 96,762 | 78,963 | 80,859 | 98,339 | 61,252 | 65,264 | 59,448 | 125,594 | 132,381 | 80,391 | 138,355 |
| loans | |||||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | 2,708 | 2,408 | 3,300 | 3,250 | |||||||||
| other liabilities | |||||||||||||
| provisions | |||||||||||||
| total long term liabilities | 2,708 | 2,408 | 3,300 | 3,250 | |||||||||
| total liabilities | 13,845 | 101,584 | 99,170 | 78,963 | 84,159 | 101,589 | 61,252 | 65,264 | 59,448 | 125,594 | 132,381 | 80,391 | 138,355 |
| net assets | 111 | 31,716 | 24,382 | 5,896 | 7,175 | 12,313 | 10,418 | 12,317 | 15,038 | 12,473 | 9,805 | 10,363 | 847 |
| total shareholders funds | 111 | 31,716 | 24,382 | 5,896 | 7,175 | 12,313 | 10,418 | 12,317 | 15,038 | 12,473 | 9,805 | 10,363 | 847 |
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 52 | 101 | 119 | 140 | 30 | 35 | 1,767 | 4,631 | |||||
| Amortisation | |||||||||||||
| Tax | |||||||||||||
| Stock | |||||||||||||
| Debtors | -118,387 | 9,088 | 71,275 | -38,943 | -22,495 | 73,223 | -7,963 | -8,713 | -26,629 | -9,871 | 35,060 | -29,053 | 87,364 |
| Creditors | -85,031 | 2,114 | 28,621 | -12,718 | -17,480 | 37,087 | -4,012 | 5,816 | -66,146 | -6,787 | 51,990 | -57,964 | 138,355 |
| Accruals and Deferred Income | -2,708 | 300 | -8,063 | 7,171 | 50 | 3,250 | |||||||
| Deferred Taxes & Provisions | |||||||||||||
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | -351 | 351 | |||||||||||
| Other Short Term Loans | |||||||||||||
| Long term loans | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | |||||||||||||
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -32,530 | 32,530 | -30,905 | 2,153 | 11,927 | -37,576 | 5,782 | 16,407 | -6,889 | 39,101 | |||
| overdraft | |||||||||||||
| change in cash | -32,530 | 32,530 | -30,905 | 2,153 | 11,927 | -37,576 | 5,782 | 16,407 | -6,889 | 39,101 |
palatine freight limited Credit Report and Business Information
Palatine Freight Limited Competitor Analysis
Perform a competitor analysis for palatine freight limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in HU13 area or any other competitors across 12 key performance metrics.
palatine freight limited Ownership
PALATINE FREIGHT LIMITED group structure
Palatine Freight Limited has no subsidiary companies.
Ultimate parent company
PALATINE FREIGHT LIMITED
01430789
palatine freight limited directors
Palatine Freight Limited currently has 1 director, Mr Barry Stubbs serving since Dec 1991.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Barry Stubbs | 73 years | Dec 1991 | - | Director |
P&L
January 2022turnover
52.2k
-82%
operating profit
-31.6k
0%
gross margin
25.7%
+110.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2022net assets
111
-1%
total assets
14k
-0.9%
cash
0
0%
net assets
Total assets minus all liabilities
palatine freight limited company details
company number
01430789
Type
Private limited with Share Capital
industry
79909 - Other reservation service and related activities (not including activities of tourist guides)
incorporation date
June 1979
age
46
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2022
previous names
N/A
accountant
-
auditor
-
address
hessle haven house, 14 livingstone road, hessle, north humberside, HU13 0EG
Bank
BARCLAYS BANK PLC
Legal Advisor
-
palatine freight 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 2 charges/mortgages relating to palatine freight limited. Currently there are 1 open charges and 1 have been satisfied in the past.
palatine freight 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 PALATINE FREIGHT LIMITED. This can take several minutes, an email will notify you when this has completed.
palatine freight limited Companies House Filings - See Documents
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