parsons & colson consultants ltd.

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parsons & colson consultants ltd. Company Information

Share PARSONS & COLSON CONSULTANTS LTD.

Company Number

02803252

Directors

Sean Colson

Timothy Brown

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Shareholders

sean graham colson

timothy william brown

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Group Structure

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Industry

Other information technology and computer service activities

 

Registered Address

unit 5 enterprise court, nicholson road, ryde, isle of wight, PO33 1BD

parsons & colson consultants ltd. Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of PARSONS & COLSON CONSULTANTS LTD. at £1.3m based on a Turnover of £1.7m and 0.73x industry multiple (adjusted for size and gross margin).

parsons & colson consultants ltd. Estimated Valuation

£0

Pomanda estimates the enterprise value of PARSONS & COLSON CONSULTANTS LTD. at £0 based on an EBITDA of £-72.3k and a 4.95x industry multiple (adjusted for size and gross margin).

parsons & colson consultants ltd. Estimated Valuation

£584.9k

Pomanda estimates the enterprise value of PARSONS & COLSON CONSULTANTS LTD. at £584.9k based on Net Assets of £260k and 2.25x industry multiple (adjusted for liquidity).

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Parsons & Colson Consultants Ltd. Overview

Parsons & Colson Consultants Ltd. is a live company located in ryde, PO33 1BD with a Companies House number of 02803252. It operates in the other information technology service activities sector, SIC Code 62090. Founded in March 1993, it's largest shareholder is sean graham colson with a 81.8% stake. Parsons & Colson Consultants Ltd. is a mature, small sized company, Pomanda has estimated its turnover at £1.7m with high growth in recent years.

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Parsons & Colson Consultants Ltd. Health Check

Pomanda's financial health check has awarded Parsons & Colson Consultants Ltd. a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £1.7m, make it smaller than the average company (£7.5m)

£1.7m - Parsons & Colson Consultants Ltd.

£7.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (9%)

17% - Parsons & Colson Consultants Ltd.

9% - Industry AVG

production

Production

with a gross margin of 48.7%, this company has a comparable cost of product (48.7%)

48.7% - Parsons & Colson Consultants Ltd.

48.7% - Industry AVG

profitability

Profitability

an operating margin of -5.8% make it less profitable than the average company (4%)

-5.8% - Parsons & Colson Consultants Ltd.

4% - Industry AVG

employees

Employees

with 19 employees, this is below the industry average (43)

19 - Parsons & Colson Consultants Ltd.

43 - Industry AVG

paystructure

Pay Structure

on an average salary of £72.6k, the company has an equivalent pay structure (£72.6k)

£72.6k - Parsons & Colson Consultants Ltd.

£72.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £91.9k, this is less efficient (£176.8k)

£91.9k - Parsons & Colson Consultants Ltd.

£176.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 35 days, this is earlier than average (51 days)

35 days - Parsons & Colson Consultants Ltd.

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 44 days, this is slower than average (35 days)

44 days - Parsons & Colson Consultants Ltd.

35 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 8 days, this is less than average (13 days)

8 days - Parsons & Colson Consultants Ltd.

13 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 31 weeks, this is more cash available to meet short term requirements (14 weeks)

31 weeks - Parsons & Colson Consultants Ltd.

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 53.4%, this is a lower level of debt than the average (62.8%)

53.4% - Parsons & Colson Consultants Ltd.

62.8% - Industry AVG

PARSONS & COLSON CONSULTANTS LTD. financials

EXPORTms excel logo

Parsons & Colson Consultants Ltd.'s latest turnover from March 2024 is estimated at £1.7 million and the company has net assets of £260 thousand. According to their latest financial statements, Parsons & Colson Consultants Ltd. has 19 employees and maintains cash reserves of £163.1 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 2011Mar 2010
Turnover1,745,6611,767,6981,268,5861,087,3301,503,3501,471,4461,626,483992,542704,815782,818534,685449,434471,304406,112274,009
Other Income Or Grants
Cost Of Sales896,236892,880621,235540,904743,229710,054767,155462,678330,490366,854244,075207,371217,208182,485122,657
Gross Profit849,425874,818647,351546,425760,121761,392859,328529,864374,324415,964290,611242,062254,095223,628151,352
Admin Expenses950,566705,392586,022435,757766,833776,525760,279515,718390,560394,576288,283243,320254,238235,338133,493
Operating Profit-101,141169,42661,329110,668-6,712-15,13399,04914,146-16,23621,3882,328-1,258-143-11,71017,859
Interest Payable3,0943,8443,1221,525
Interest Receivable11,82110,8981,6371051542454262224186
Pre-Tax Profit-92,414176,48059,843109,248-6,712-15,13399,04914,146-16,22121,4302,373-1,216-81-11,48618,044
Tax-33,531-11,370-20,757-18,819-2,829-4,500-546-5,052
Profit After Tax-92,414142,94948,47388,491-6,712-15,13380,23011,317-16,22116,9301,827-1,216-81-11,48612,992
Dividends Paid
Retained Profit-92,414142,94948,47388,491-6,712-15,13380,23011,317-16,22116,9301,827-1,216-81-11,48612,992
Employee Costs1,378,9471,180,2541,123,003939,445892,111901,570859,347662,808266,317320,939207,689200,396200,890145,465144,679
Number Of Employees19171715151515125644433
EBITDA*-72,331186,95276,098110,668-6,712-15,13399,04914,146-16,23624,6674,1004161,731-10,70319,014

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets156,81579,77258,04537,28833,03619,20814,85816,37318,02417,5108,6327,6068,1125,2755,974
Intangible Assets8,000
Investments & Other2020
Debtors (Due After 1 year)
Total Fixed Assets164,81579,77258,04537,28833,03619,20814,85816,37318,02417,5108,6327,6068,1325,2955,974
Stock & work in progress21,06610,9099,1907,69013,6656,26917,9076,1994,5276,967
Trade Debtors169,374240,140108,99497,073190,723196,562251,572111,254115,236137,48593,29370,33676,65566,42437,029
Group Debtors
Misc Debtors39,84465,31338,80330,9247,76940010,5962,776
Cash163,128287,193225,653210,7576,06310,8487,0869,61115,38274,318
misc current assets
total current assets393,412603,555382,640346,444190,723196,562259,341111,654115,236157,213110,41095,32992,46596,929121,090
total assets558,227683,327440,685383,732223,759215,770274,199128,027133,260174,723119,042102,935100,597102,224127,064
Bank overdraft10,00010,00010,0007,500
Bank loan
Trade Creditors 108,965109,15089,08469,773151,312126,625179,907102,359119,430142,661106,680101,57089,456100,238106,830
Group/Directors Accounts1,7791,224
other short term finances
hp & lease commitments20,17721,409
other current liabilities126,250149,15393,363103,001
total current liabilities265,392289,712192,447180,274151,312126,625179,907104,138119,430142,661106,680101,57089,456100,238108,054
loans12,50022,50032,50042,500
hp & lease commitments8,73011,457
Accruals and Deferred Income
other liabilities10,5589,9869,82711,0859,8338,8958,5435,554
provisions1,0817,2786,3073,2431,4111,1361,153460444
total long term liabilities32,86941,23538,80742,5009,9869,82711,08513,07610,3061,1369,6964605,998
total liabilities298,261330,947231,254222,774151,312136,611179,907113,965130,515155,737116,986102,70699,152100,698114,052
net assets259,966352,380209,431160,95872,44779,15994,29214,0622,74518,9862,0562291,4451,52613,012
total shareholders funds259,966352,380209,431160,95872,44779,15994,29214,0622,74518,9862,0562291,4451,52613,012
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-101,141169,42661,329110,668-6,712-15,13399,04914,146-16,23621,3882,328-1,258-143-11,71017,859
Depreciation26,81017,52614,7693,2791,7721,6741,8741,0071,155
Amortisation2,000
Tax-33,531-11,370-20,757-18,819-2,829-4,500-546-5,052
Stock10,1571,7191,5007,690-13,6657,396-11,63811,7081,672-2,4406,967
Debtors-96,235157,65619,800-62,726-5,839-62,779147,687-3,582-22,24944,19222,957-6,319-36537,21539,805
Creditors-18520,06619,311-81,53924,687-53,28277,548-17,071-23,23135,9815,11012,114-10,782-6,592106,830
Accruals and Deferred Income-22,90355,790-9,638103,001
Deferred Taxes & Provisions-6,1979716,307-3,2431,832275-1769316444
Cash flow from operations-15,53870,87359,408166,40923,814-5,63610,091-2,172-6,7966,392-2,3807,124-9,665-52,05474,464
Investing Activities
capital expenditure-113,853-39,253-35,526-4,252-13,828-4,3501,5151,651-514-12,157-2,798-1,168-4,711-308-7,129
Change in Investments-2020
cash flow from investments-113,853-39,253-35,526-4,252-13,828-4,3501,5151,651-514-12,157-2,798-1,148-4,711-328-7,129
Financing Activities
Bank loans
Group/Directors Accounts-1,7791,779-1,2241,224
Other Short Term Loans
Long term loans-10,000-10,000-10,00042,500
Hire Purchase and Lease Commitments-3,95932,866
other long term liabilities10,558-9,9869,986-9,827-1,2581,2529388,895-8,5438,543-5,5545,554
share issue20-2020
interest8,7277,054-1,485-1,4201542454262224186
cash flow from financing5,32629,920-11,48541,100-9,9869,986-11,6065211,2479808,940-8,5018,605-6,5546,984
cash and cash equivalents
cash-124,06561,54014,896210,757-6,063-4,7853,762-2,525-5,771-58,93674,318
overdraft2,5007,500
change in cash-124,06561,54012,396203,257-6,063-4,7853,762-2,525-5,771-58,93674,318

parsons & colson consultants ltd. 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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Parsons & Colson Consultants Ltd. Competitor Analysis

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Perform a competitor analysis for parsons & colson consultants ltd. by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in PO33 area or any other competitors across 12 key performance metrics.

parsons & colson consultants ltd. Ownership

PARSONS & COLSON CONSULTANTS LTD. group structure

Parsons & Colson Consultants Ltd. has no subsidiary companies.

Ultimate parent company

PARSONS & COLSON CONSULTANTS LTD.

02803252

PARSONS & COLSON CONSULTANTS LTD. Shareholders

sean graham colson 81.8%
timothy william brown 9.1%
jonathan james thornton 9.1%

parsons & colson consultants ltd. directors

Parsons & Colson Consultants Ltd. currently has 8 directors. The longest serving directors include Mr Sean Colson (Mar 1993) and Mr Timothy Brown (Jan 1997).

officercountryagestartendrole
Mr Sean ColsonUk68 years Mar 1993- Director
Mr Timothy Brown53 years Jan 1997- Director
Mr Jonathan ThorntonEngland44 years Jan 2002- Director
Mr Dale Howarth63 years Dec 2014- Director
Ms Nicola Johnston53 years Oct 2015- Director
Mr Craig Gilbertson40 years Jan 2018- Director
Mr Gary Peace54 years Jun 2019- Director
Mr Daniel Dunn31 years Aug 2024- Director

P&L

March 2024

turnover

1.7m

-1%

operating profit

-101.1k

0%

gross margin

48.7%

-1.68%

turnover

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

Balance Sheet

March 2024

net assets

260k

-0.26%

total assets

558.2k

-0.18%

cash

163.1k

-0.43%

net assets

Total assets minus all liabilities

parsons & colson consultants ltd. company details

company number

02803252

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

incorporation date

March 1993

age

32

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

BRIGHT BROWN LIMITED

auditor

-

address

unit 5 enterprise court, nicholson road, ryde, isle of wight, PO33 1BD

Bank

-

Legal Advisor

-

parsons & colson consultants ltd. 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 parsons & colson consultants ltd..

parsons & colson consultants ltd. 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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parsons & colson consultants ltd. Companies House Filings - See Documents

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