plummer parsons accountants limited

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plummer parsons accountants limited Company Information

Share PLUMMER PARSONS ACCOUNTANTS LIMITED

Company Number

01966685

Shareholders

kieran laughlin mccurdy

steven james griffen

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Group Structure

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Industry

Accounting, and auditing activities

 +2

Registered Address

4 frederick terrace, frederick place, brighton, east sussex, BN1 1AX

plummer parsons accountants limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of PLUMMER PARSONS ACCOUNTANTS LIMITED at £1.1m based on a Turnover of £1.5m and 0.76x industry multiple (adjusted for size and gross margin).

plummer parsons accountants limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PLUMMER PARSONS ACCOUNTANTS LIMITED at £0 based on an EBITDA of £-89.6k and a 4.86x industry multiple (adjusted for size and gross margin).

plummer parsons accountants limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of PLUMMER PARSONS ACCOUNTANTS LIMITED at £1.2m based on Net Assets of £346.2k and 3.53x industry multiple (adjusted for liquidity).

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Plummer Parsons Accountants Limited Overview

Plummer Parsons Accountants Limited is a live company located in brighton, BN1 1AX with a Companies House number of 01966685. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in November 1985, it's largest shareholder is kieran laughlin mccurdy with a 33.3% stake. Plummer Parsons Accountants Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with healthy growth in recent years.

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Plummer Parsons Accountants Limited Health Check

Pomanda's financial health check has awarded Plummer Parsons Accountants Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

4 Regular

positive_score

2 Weak

size

Size

annual sales of £1.5m, make it larger than the average company (£158.2k)

£1.5m - Plummer Parsons Accountants Limited

£158.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (7.3%)

13% - Plummer Parsons Accountants Limited

7.3% - Industry AVG

production

Production

with a gross margin of 79.1%, this company has a comparable cost of product (79.1%)

79.1% - Plummer Parsons Accountants Limited

79.1% - Industry AVG

profitability

Profitability

an operating margin of -6.6% make it less profitable than the average company (6.7%)

-6.6% - Plummer Parsons Accountants Limited

6.7% - Industry AVG

employees

Employees

with 22 employees, this is above the industry average (3)

22 - Plummer Parsons Accountants Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.7k, the company has an equivalent pay structure (£34.7k)

£34.7k - Plummer Parsons Accountants Limited

£34.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £68.6k, this is equally as efficient (£72.6k)

£68.6k - Plummer Parsons Accountants Limited

£72.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 89 days, this is near the average (85 days)

89 days - Plummer Parsons Accountants Limited

85 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 185 days, this is slower than average (20 days)

185 days - Plummer Parsons Accountants Limited

20 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Plummer Parsons Accountants Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (33 weeks)

10 weeks - Plummer Parsons Accountants Limited

33 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 41.6%, this is a lower level of debt than the average (60.2%)

41.6% - Plummer Parsons Accountants Limited

60.2% - Industry AVG

PLUMMER PARSONS ACCOUNTANTS LIMITED financials

EXPORTms excel logo

Plummer Parsons Accountants Limited's latest turnover from March 2024 is estimated at £1.5 million and the company has net assets of £346.2 thousand. According to their latest financial statements, we estimate that Plummer Parsons Accountants Limited has 22 employees and maintains cash reserves of £45.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Apr 2010Mar 2010
Turnover1,508,7691,414,7791,636,4031,053,8471,467,8731,797,6812,087,9102,664,4943,701,7714,238,013409,679155,038862,7381,116,8842,169,6662,106,745
Other Income Or Grants
Cost Of Sales315,464266,691318,114166,985139,54868,585201,172245,351284,322317,81418,0628,94562,03075,602152,541153,015
Gross Profit1,193,3061,148,0891,318,289886,8611,328,3251,729,0961,886,7382,419,1423,417,4493,920,198391,618146,094800,7081,041,2812,017,1251,953,730
Admin Expenses1,292,4591,373,5361,455,878900,4231,328,8491,582,0001,504,8972,300,4493,286,0593,695,380389,540143,851806,8611,042,6292,002,5771,939,182
Operating Profit-99,153-225,447-137,589-13,562-524147,096381,841118,693131,390224,8182,0782,243-6,153-1,34814,54814,548
Interest Payable3,1723,8953,1331,525
Interest Receivable3,1477,9102,6632742822,9661,3444429828155825866024129090
Pre-Tax Profit-99,179-221,433-138,060-14,813-242150,062383,185119,135132,373225,6332,6602,829-5,551-93614,63914,639
Tax-28,512-72,805-23,827-26,474-47,383-612-679-4,099-4,099
Profit After Tax-99,179-221,433-138,060-14,813-242121,550310,38095,308105,898178,2502,0482,150-5,551-93610,54010,540
Dividends Paid
Retained Profit-99,179-221,433-138,060-14,813-242121,550310,38095,308105,898178,2502,0482,150-5,551-93610,54010,540
Employee Costs763,150749,006726,753479,712583,768894,929993,4351,293,2392,106,2312,599,974268,38498,917466,392529,4301,016,040961,857
Number Of Employees222327202428334271908315204240
EBITDA*-89,649-224,139-136,281-12,254784148,404419,242240,001257,650319,2342,0782,243-6,153-1,34898,56714,548

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Apr 2010Mar 2010
Tangible Assets15,4611,7733,0814,3895,6977,0058,3139,62210,9309,657
Intangible Assets36,093156,093280,029
Investments & Other100,000200,000200,000200,000200,000200,00099,32499,32499,32499,32499,32499,324
Debtors (Due After 1 year)
Total Fixed Assets115,461201,773203,081204,389205,697207,005107,637145,039266,347389,01099,32499,324
Stock & work in progress
Trade Debtors371,450328,277348,735299,402359,787398,823437,333532,049525,739572,35747,01217,837109,629145,548289,267289,267
Group Debtors
Misc Debtors60,68871,33572,03573,192225,69371,88210,75871,87417,888
Cash45,31774,551297,667412,450135,384429,294361,644175,937177,644215,224110,636122,226112,277128,45636,16036,160
misc current assets2,999
total current assets477,455477,162718,437785,044720,864899,999809,735779,860721,271787,581157,648140,063221,906274,004325,427325,427
total assets592,916678,935921,518989,433926,5611,107,004917,372924,899987,6181,176,591256,972239,387221,906274,004325,427325,427
Bank overdraft
Bank loan9,9209,6509,6517,235
Trade Creditors 160,718167,572153,18356,64142,8651,06354,81137,971868,618248,621233,084217,753264,300314,787314,787
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities62,79932,86058,71877,95864,049287,115217,970482,129656,996
total current liabilities233,437210,082221,552141,834106,914287,115219,033536,940694,967868,618248,621233,084217,753264,300314,787314,787
loans13,31723,51133,19242,765
hp & lease commitments
Accruals and Deferred Income
other liabilities121,372
provisions
total long term liabilities13,31723,51133,19242,765121,372
total liabilities246,754233,593254,744184,599106,914287,115219,033536,940694,967989,990248,621233,084217,753264,300314,787314,787
net assets346,162445,342666,774804,834819,647819,889698,339387,959292,651186,6018,3516,3034,1539,70410,64010,640
total shareholders funds346,162445,342666,774804,834819,647819,889698,339387,959292,651186,6018,3516,3034,1539,70410,64010,640
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Apr 2010Mar 2010
Operating Activities
Operating Profit-99,153-225,447-137,589-13,562-524147,096381,841118,693131,390224,8182,0782,243-6,153-1,34814,54814,548
Depreciation9,5041,3081,3081,3081,3081,3081,3081,3081,0721,0732,263
Amortisation36,093120,000125,18893,34381,756
Tax-28,512-72,805-23,827-26,474-47,383-612-679-4,099-4,099
Stock
Debtors32,526-21,15848,176-212,886114,77522,614-155,83260,296-28,730525,34529,175-91,792-35,919-143,719289,267289,267
Creditors-6,85414,38996,54213,77642,865-1,063-53,74816,840-830,647619,99715,53715,331-46,547-50,487314,787314,787
Accruals and Deferred Income29,939-25,858-19,24013,909-223,06669,145-264,159-174,867656,996
Deferred Taxes & Provisions
Cash flow from operations-99,090-214,450-107,155228,317-294,192165,360184,362-2,14986,255366,503-12,172108,687-16,78191,884119,98835,969
Investing Activities
capital expenditure-23,1921-3,597-384,102-84,019
Change in Investments-100,000100,67699,324
cash flow from investments76,808-100,6761-3,597-384,102-99,324-84,019
Financing Activities
Bank loans270-12,4167,235
Group/Directors Accounts
Other Short Term Loans
Long term loans-10,194-9,681-9,57342,765
Hire Purchase and Lease Commitments
other long term liabilities-121,372121,372
share issue-11152100100
interest-254,015-470-1,2512822,9661,3444429828155825866024129090
cash flow from financing-9,950-5,666-7,62748,7492822,9661,344442-120,238122,187582586602412190190
cash and cash equivalents
cash-29,234-223,116-114,783277,066-293,91067,650185,707-1,707-37,580104,588-11,5909,949-16,17992,29636,16036,160
overdraft
change in cash-29,234-223,116-114,783277,066-293,91067,650185,707-1,707-37,580104,588-11,5909,949-16,17992,29636,16036,160

plummer parsons accountants 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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Plummer Parsons Accountants Limited Competitor Analysis

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Perform a competitor analysis for plummer parsons accountants limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in BN1 area or any other competitors across 12 key performance metrics.

plummer parsons accountants limited Ownership

PLUMMER PARSONS ACCOUNTANTS LIMITED group structure

Plummer Parsons Accountants Limited has no subsidiary companies.

Ultimate parent company

PLUMMER PARSONS ACCOUNTANTS LIMITED

01966685

PLUMMER PARSONS ACCOUNTANTS LIMITED Shareholders

kieran laughlin mccurdy 33.33%
steven james griffen 33.33%
christopher mark gorringe 33.33%

plummer parsons accountants limited directors

Plummer Parsons Accountants Limited currently has 5 directors. The longest serving directors include Mr Kieran McCurdy (Mar 2007) and Mr Christopher Gorringe (Mar 2007).

officercountryagestartendrole
Mr Kieran McCurdyUnited Kingdom46 years Mar 2007- Director
Mr Christopher GorringeUnited Kingdom60 years Mar 2007- Director
Mr Steven GriffenUnited Kingdom47 years May 2008- Director
Ms Emma Marsland39 years Apr 2024- Director
Mr Mark CrowterEngland42 years Mar 2025- Director

P&L

March 2024

turnover

1.5m

+7%

operating profit

-99.2k

0%

gross margin

79.1%

-2.54%

turnover

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

Balance Sheet

March 2024

net assets

346.2k

-0.22%

total assets

592.9k

-0.13%

cash

45.3k

-0.39%

net assets

Total assets minus all liabilities

plummer parsons accountants limited company details

company number

01966685

Type

Private limited with Share Capital

industry

69203 - Tax consultancy

69201 - Accounting, and auditing activities

69202 - Bookkeeping activities

incorporation date

November 1985

age

40

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

plummer parsons computer services limited (November 1987)

accountant

-

auditor

-

address

4 frederick terrace, frederick place, brighton, east sussex, BN1 1AX

Bank

-

Legal Advisor

-

plummer parsons accountants 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 plummer parsons accountants limited. Currently there are 0 open charges and 1 have been satisfied in the past.

plummer parsons accountants 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 PLUMMER PARSONS ACCOUNTANTS LIMITED. This can take several minutes, an email will notify you when this has completed.

plummer parsons accountants limited Companies House Filings - See Documents

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