Pomanda estimates the enterprise value of PAPICO LIMITED at £840.2k based on a Turnover of £2.6m and 0.32x industry multiple (adjusted for size and gross margin).
papico limitedEstimated Valuation
£11.3k
Pomanda estimates the enterprise value of PAPICO LIMITED at £11.3k based on an EBITDA of £5.1k and a 2.23x industry multiple (adjusted for size and gross margin).
papico limitedEstimated Valuation
£2.2m
Pomanda estimates the enterprise value of PAPICO LIMITED at £2.2m based on Net Assets of £799.6k and 2.76x industry multiple (adjusted for liquidity).
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Papico LimitedOverview
Papico Limited is a live company located in allerton bywater, WF10 2AT with a Companies House number of 02363741. It operates in the combined office administrative service activities sector, SIC Code 82110. Founded in March 1989, it's largest shareholder is
janet ferguson knight
with a 30% stake. Papico Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£2.6m with
declining
growth in recent years.
Pomanda's financial health check has awarded Papico Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
2 Regular
6 Weak
Size
annual sales of £2.6m, make it larger than the average company (£2m)
£2.6m - Papico Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (6.1%)
-11% - Papico Limited
6.1% - Industry AVG
Production
with a gross margin of 15.9%, this company has a higher cost of product (50.2%)
15.9% - Papico Limited
50.2% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (3.1%)
0.1% - Papico Limited
3.1% - Industry AVG
Employees
with 9 employees, this is below the industry average (14)
9 - Papico Limited
14 - Industry AVG
Pay Structure
on an average salary of £45.4k, the company has an equivalent pay structure (£45.4k)
£45.4k - Papico Limited
£45.4k - Industry AVG
Efficiency
resulting in sales per employee of £289.1k, this is more efficient (£105.2k)
£289.1k - Papico Limited
£105.2k - Industry AVG
Debtor Days
it gets paid by customers after 136 days, this is later than average (30 days)
136 days - Papico Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 174 days, this is slower than average (32 days)
174 days - Papico Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Papico Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 18 weeks, this is less cash available to meet short term requirements (23 weeks)
18 weeks - Papico Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.1%, this is a similar level of debt than the average (55.3%)
57.1% - Papico Limited
55.3% - Industry AVG
PAPICO LIMITED financials
EXPORT
Papico Limited's latest turnover from December 2023 is estimated at £2.6 million and the company has net assets of £799.6 thousand. According to their latest financial statements, Papico Limited has 9 employees and maintains cash reserves of £377.8 thousand 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
2,601,843
3,124,410
3,701,065
3,629,817
4,052,051
3,843,420
4,902,844
5,839,656
5,482,240
3,390,901
3,550,957
4,902,344
4,811,147
4,603,296
4,648,218
Other Income Or Grants
Cost Of Sales
2,189,456
2,620,483
3,100,187
3,058,123
3,522,870
3,232,948
3,932,668
4,729,015
4,579,281
2,832,399
2,995,399
4,155,966
4,126,129
3,960,559
3,980,625
Gross Profit
412,387
503,927
600,879
571,693
529,181
610,472
970,176
1,110,641
902,958
558,502
555,558
746,378
685,018
642,737
667,593
Admin Expenses
408,989
377,114
576,526
554,135
475,821
575,727
1,035,318
1,107,365
897,883
533,452
539,001
703,682
742,044
657,791
665,523
Operating Profit
3,398
126,813
24,353
17,558
53,360
34,745
-65,142
3,276
5,075
25,050
16,557
42,696
-57,026
-15,054
2,070
Interest Payable
48
601
89
33
Interest Receivable
15,809
5,264
98
12
137
832
1,043
376
668
7
63
557
25
372
Pre-Tax Profit
19,207
132,077
24,451
17,570
53,496
35,577
-64,099
3,653
5,744
25,002
15,963
42,759
-56,469
-15,118
2,409
Tax
-4,802
-25,095
-4,646
-3,338
-10,164
-6,760
-730
-1,149
-8,573
-7,414
-10,262
-1,125
-4,603
Profit After Tax
14,405
106,982
19,805
14,232
43,332
28,817
-64,099
2,922
4,595
16,429
8,549
32,497
-56,469
-16,243
-2,194
Dividends Paid
Retained Profit
14,405
106,982
19,805
14,232
43,332
28,817
-64,099
2,922
4,595
16,429
8,549
32,497
-56,469
-16,243
-2,194
Employee Costs
408,643
417,880
428,381
391,072
428,450
501,144
1,039,726
1,175,277
980,116
614,415
566,677
701,565
720,664
421,792
426,065
Number Of Employees
9
9
10
10
11
12
27
30
26
17
17
21
23
12
12
EBITDA*
5,057
141,057
38,596
32,733
68,934
50,318
-50,199
25,559
31,277
55,104
53,889
77,229
-27,259
19,532
43,453
* 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
448,360
450,020
575,814
490,057
503,108
518,681
534,255
543,086
569,997
602,658
629,756
659,745
682,032
661,344
686,509
Intangible Assets
Investments & Other
62,955
62,955
62,955
Debtors (Due After 1 year)
Total Fixed Assets
511,315
512,975
638,769
490,057
503,108
518,681
534,255
543,086
569,997
602,658
629,756
659,745
682,032
661,344
686,509
Stock & work in progress
11,033
10,672
Trade Debtors
974,373
1,173,418
1,457,412
1,226,869
1,332,407
1,378,243
1,158,484
1,296,433
1,080,078
997,608
891,872
1,015,900
1,056,060
1,148,457
1,239,658
Group Debtors
Misc Debtors
40,583
74,987
34,579
32,076
Cash
377,787
224,452
76,326
2,075
22,335
14,109
207,730
209,636
91,328
175,986
106,553
18,573
6,580
216,052
112,073
misc current assets
total current assets
1,352,160
1,397,870
1,533,738
1,228,944
1,354,742
1,392,352
1,377,247
1,506,069
1,182,078
1,214,177
1,073,412
1,034,473
1,062,640
1,399,088
1,383,807
total assets
1,863,475
1,910,845
2,172,507
1,719,001
1,857,850
1,911,033
1,911,502
2,049,155
1,752,075
1,816,835
1,703,168
1,694,218
1,744,672
2,060,432
2,070,316
Bank overdraft
Bank loan
Trade Creditors
1,048,192
1,099,840
1,458,611
1,016,082
1,213,661
1,299,376
1,328,762
1,403,366
1,108,684
1,044,766
915,405
1,076,670
1,161,084
1,321,385
1,288,515
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
131,824
163,998
103,744
132,754
total current liabilities
1,048,192
1,099,840
1,458,611
1,016,082
1,213,661
1,299,376
1,328,762
1,403,366
1,108,684
1,176,590
1,079,403
1,076,670
1,161,084
1,425,129
1,421,269
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
15,670
25,797
35,670
44,498
provisions
10,800
10,700
9,650
10,174
11,623
11,572
13,904
12,441
7,687
5,188
total long term liabilities
15,670
25,797
35,670
44,498
10,800
10,700
9,650
10,174
11,623
11,572
13,904
12,441
7,687
5,188
total liabilities
1,063,862
1,125,637
1,494,281
1,060,580
1,213,661
1,310,176
1,339,462
1,413,016
1,118,858
1,188,213
1,090,975
1,090,574
1,173,525
1,432,816
1,426,457
net assets
799,613
785,208
678,226
658,421
644,189
600,857
572,040
636,139
633,217
628,622
612,193
603,644
571,147
627,616
643,859
total shareholders funds
799,613
785,208
678,226
658,421
644,189
600,857
572,040
636,139
633,217
628,622
612,193
603,644
571,147
627,616
643,859
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
3,398
126,813
24,353
17,558
53,360
34,745
-65,142
3,276
5,075
25,050
16,557
42,696
-57,026
-15,054
2,070
Depreciation
1,659
14,244
14,243
15,175
15,574
15,573
14,943
22,283
26,202
30,054
37,332
34,533
29,767
34,586
41,383
Amortisation
Tax
-4,802
-25,095
-4,646
-3,338
-10,164
-6,760
-730
-1,149
-8,573
-7,414
-10,262
-1,125
-4,603
Stock
-11,033
11,033
-10,672
10,672
Debtors
-199,045
-283,994
230,543
-105,538
-45,836
219,759
-137,949
216,355
41,887
71,332
-49,041
-40,160
-126,976
-88,698
1,271,734
Creditors
-51,648
-358,771
442,529
-197,579
-85,715
-29,386
-74,604
294,682
63,918
129,361
-161,265
-84,414
-160,301
32,870
1,288,515
Accruals and Deferred Income
-131,824
-32,174
163,998
-103,744
-29,010
132,754
Deferred Taxes & Provisions
-10,800
100
1,050
-524
-1,449
51
-2,332
1,463
4,754
2,499
5,188
Cash flow from operations
147,652
41,185
245,936
-62,646
8,091
-194,454
3,163
113,304
-91,786
72,437
95,917
24,176
-159,574
113,464
193,573
Investing Activities
capital expenditure
1
111,550
-100,000
-2,124
-1
1
-6,112
4,628
6,459
-2,956
-7,343
-12,246
-50,455
-4,028
-23,398
Change in Investments
62,955
cash flow from investments
1
111,550
-162,955
-2,124
-1
1
-6,112
4,628
6,459
-2,956
-7,343
-12,246
-50,455
-4,028
-23,398
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-10,127
-9,873
-8,828
44,498
share issue
646,053
interest
15,809
5,264
98
12
137
832
1,043
376
668
-48
-594
63
557
-64
339
cash flow from financing
5,682
-4,609
-8,730
44,510
137
832
1,043
376
668
-48
-594
63
557
-64
646,392
cash and cash equivalents
cash
153,335
148,126
74,251
-20,260
8,226
-193,621
-1,906
118,308
-84,658
69,433
87,980
11,993
-209,472
103,979
112,073
overdraft
change in cash
153,335
148,126
74,251
-20,260
8,226
-193,621
-1,906
118,308
-84,658
69,433
87,980
11,993
-209,472
103,979
112,073
papico 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 papico limited. Get real-time insights into papico limited's credit score, group structure and payment trends.
Perform a competitor analysis for papico limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in WF10 area or any other competitors across 12 key performance metrics.
82110 - Combined office administrative service activities
incorporation date
March 1989
age
36
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
timeneat limited (January 1990)
accountant
-
auditor
-
address
fairburn house, park lane, allerton bywater, west yorkshire, WF10 2AT
Bank
HSBC BANK PLC
Legal Advisor
-
papico 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 did not find charges/mortgages relating to papico limited.
papico 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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papico limitedCompanies House Filings - See Documents
