Pomanda estimates the enterprise value of PROTOCOL NATIONAL LIMITED at £16.1m based on a Turnover of £17.3m and 0.93x industry multiple (adjusted for size and gross margin).
protocol national limitedEstimated Valuation
£739.7k
Pomanda estimates the enterprise value of PROTOCOL NATIONAL LIMITED at £739.7k based on an EBITDA of £147k and a 5.03x industry multiple (adjusted for size and gross margin).
protocol national limitedEstimated Valuation
£1.9m
Pomanda estimates the enterprise value of PROTOCOL NATIONAL LIMITED at £1.9m based on Net Assets of £774k and 2.41x industry multiple (adjusted for liquidity).
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Protocol National LimitedOverview
Protocol National Limited is a live company located in nottingham, NG2 7QW with a Companies House number of 03007851. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in January 1995, it's largest shareholder is
protocol holdings limited
with a 100% stake. Protocol National Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£17.3m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Protocol National Limited a 2.5 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 Rating2.5out of 5
3 Strong
2 Regular
6 Weak
Size
annual sales of £17.3m, make it larger than the average company (£908.9k)
£17.3m - Protocol National Limited
£908.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (6%)
5% - Protocol National Limited
6% - Industry AVG
Production
with a gross margin of 26.8%, this company has a higher cost of product (41.7%)
26.8% - Protocol National Limited
41.7% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (6.5%)
0% - Protocol National Limited
6.5% - Industry AVG
Employees
with 87 employees, this is above the industry average (14)
87 - Protocol National Limited
14 - Industry AVG
Pay Structure
on an average salary of £38.2k, the company has a higher pay structure (£30.6k)
£38.2k - Protocol National Limited
£30.6k - Industry AVG
Efficiency
resulting in sales per employee of £198.7k, this is more efficient (£87.9k)
£198.7k - Protocol National Limited
£87.9k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is near the average (30 days)
30 days - Protocol National Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (39 days)
5 days - Protocol National Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Protocol National Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 21 weeks, this is less cash available to meet short term requirements (45 weeks)
21 weeks - Protocol National Limited
45 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.4%, this is a higher level of debt than the average (45.3%)
82.4% - Protocol National Limited
45.3% - Industry AVG
PROTOCOL NATIONAL LIMITED financials
EXPORT
Protocol National Limited's latest turnover from July 2023 is £17.3 million and the company has net assets of £774 thousand. According to their latest financial statements, Protocol National Limited has 87 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Jun 2012
Jun 2011
Jun 2010
Turnover
17,286,000
17,120,000
15,224,000
14,829,000
14,445,000
13,185,000
14,944,000
15,766,000
19,743,000
23,383,000
33,875,000
32,456,000
36,494,000
46,429,000
Other Income Or Grants
Cost Of Sales
12,655,000
12,702,000
11,576,000
12,182,000
10,921,000
10,058,000
11,091,000
11,702,000
15,071,000
17,832,000
26,990,000
26,033,000
28,986,000
37,437,000
Gross Profit
4,631,000
4,418,000
3,648,000
2,647,000
3,524,000
3,127,000
3,853,000
4,064,000
4,672,000
5,551,000
6,885,000
6,423,000
7,508,000
8,992,000
Admin Expenses
4,626,000
4,578,000
3,632,000
7,304,000
3,166,372
8,622,165
3,289,709
3,140,264
3,427,642
7,356,000
5,357,000
4,781,000
5,639,000
6,118,000
Operating Profit
5,000
-160,000
16,000
-4,657,000
357,628
-5,495,165
563,291
923,736
1,244,358
-1,805,000
1,528,000
1,642,000
1,869,000
2,874,000
Interest Payable
66,000
18,000
27,000
6,000
Interest Receivable
562,000
733,000
Pre-Tax Profit
-61,000
-178,000
16,000
-4,657,000
285,000
-5,465,000
423,000
884,000
1,320,000
-1,805,000
1,528,000
1,642,000
2,431,000
4,201,000
Tax
19,000
6,000
-25,000
37,000
-141,000
-308,000
350,000
-72,000
-42,000
20,000
204,000
Profit After Tax
-61,000
-178,000
16,000
-4,638,000
291,000
-5,490,000
460,000
743,000
1,012,000
-1,455,000
1,456,000
1,600,000
2,451,000
4,405,000
Dividends Paid
31,500,000
Retained Profit
-61,000
-178,000
16,000
-4,638,000
291,000
-5,490,000
460,000
743,000
1,012,000
-1,455,000
1,456,000
-29,900,000
2,451,000
4,405,000
Employee Costs
3,326,000
3,444,000
2,823,000
2,410,000
2,290,000
1,939,000
2,754,000
2,485,000
2,920,000
2,864,000
3,432,000
2,923,000
3,320,000
3,851,000
Number Of Employees
87
104
81
81
77
71
90
82
89
90
87
90
107
119
EBITDA*
147,000
-20,000
154,000
-4,526,000
489,628
-5,385,165
670,291
980,736
1,306,358
-1,724,000
1,607,000
1,711,000
1,961,000
2,984,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Jun 2012
Jun 2011
Jun 2010
Tangible Assets
99,000
74,000
76,000
65,000
51,000
77,000
51,000
80,000
95,000
310,000
188,000
52,000
69,000
155,000
Intangible Assets
962,000
757,000
514,000
606,000
698,000
790,000
866,000
824,000
468,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,061,000
831,000
590,000
671,000
749,000
867,000
917,000
904,000
563,000
310,000
188,000
52,000
69,000
155,000
Stock & work in progress
Trade Debtors
1,448,000
1,618,000
1,316,000
1,051,000
1,444,000
1,476,000
1,097,000
1,018,000
642,000
930,000
841,000
2,269,000
1,842,000
2,610,000
Group Debtors
36,000
464,000
384,000
106,000
6,570,000
5,757,000
9,019,000
8,706,000
7,970,000
2,082,000
1,766,000
14,795,000
14,027,000
14,574,000
Misc Debtors
680,000
683,000
657,000
946,000
713,000
747,000
1,433,000
1,195,000
1,502,000
2,423,000
1,859,000
2,897,000
3,658,000
4,534,000
Cash
1,182,000
1,248,000
2,844,000
1,156,000
292,000
143,000
1,923,000
1,765,000
2,246,000
6,011,000
4,551,000
3,892,000
21,644,000
19,409,000
misc current assets
total current assets
3,346,000
4,013,000
5,201,000
3,259,000
9,019,000
8,123,000
13,472,000
12,684,000
12,360,000
11,446,000
9,017,000
23,853,000
41,171,000
41,127,000
total assets
4,407,000
4,844,000
5,791,000
3,930,000
9,768,000
8,990,000
14,389,000
13,588,000
12,923,000
11,756,000
9,205,000
23,905,000
41,240,000
41,282,000
Bank overdraft
Bank loan
300,000
300,000
175,000
Trade Creditors
198,000
244,000
334,000
252,000
182,000
217,000
29,000
83,000
76,000
192,000
143,000
239,000
233,000
152,000
Group/Directors Accounts
1,000,000
1,000,000
1,000,000
1,000,000
6,147,000
5,768,000
5,606,000
5,266,000
5,294,000
18,000
13,000,000
473,000
other short term finances
hp & lease commitments
other current liabilities
1,360,000
1,390,000
1,944,000
1,681,000
1,246,000
1,097,000
1,381,000
1,326,000
1,383,000
6,388,000
2,449,000
5,509,000
5,950,000
8,051,000
total current liabilities
2,858,000
2,934,000
3,453,000
2,933,000
7,575,000
7,082,000
7,016,000
6,675,000
6,753,000
6,598,000
2,592,000
18,748,000
6,183,000
8,676,000
loans
775,000
1,075,000
1,325,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
19,000
25,000
total long term liabilities
775,000
1,075,000
1,325,000
19,000
25,000
total liabilities
3,633,000
4,009,000
4,778,000
2,933,000
7,594,000
7,107,000
7,016,000
6,675,000
6,753,000
6,598,000
2,592,000
18,748,000
6,183,000
8,676,000
net assets
774,000
835,000
1,013,000
997,000
2,174,000
1,883,000
7,373,000
6,913,000
6,170,000
5,158,000
6,613,000
5,157,000
35,057,000
32,606,000
total shareholders funds
774,000
835,000
1,013,000
997,000
2,174,000
1,883,000
7,373,000
6,913,000
6,170,000
5,158,000
6,613,000
5,157,000
35,057,000
32,606,000
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Jun 2012
Jun 2011
Jun 2010
Operating Activities
Operating Profit
5,000
-160,000
16,000
-4,657,000
357,628
-5,495,165
563,291
923,736
1,244,358
-1,805,000
1,528,000
1,642,000
1,869,000
2,874,000
Depreciation
50,000
48,000
46,000
39,000
40,000
34,000
53,000
57,000
62,000
81,000
79,000
69,000
92,000
110,000
Amortisation
92,000
92,000
92,000
92,000
92,000
76,000
54,000
Tax
19,000
6,000
-25,000
37,000
-141,000
-308,000
350,000
-72,000
-42,000
20,000
204,000
Stock
Debtors
-601,000
408,000
254,000
-6,624,000
747,000
-3,569,000
630,000
805,000
4,679,000
969,000
-15,495,000
434,000
-2,191,000
21,718,000
Creditors
-46,000
-90,000
82,000
70,000
-35,000
188,000
-54,000
7,000
-116,000
49,000
-96,000
6,000
81,000
152,000
Accruals and Deferred Income
-30,000
-554,000
263,000
435,000
149,000
-284,000
55,000
-57,000
-5,005,000
3,939,000
-3,060,000
-441,000
-2,101,000
8,051,000
Deferred Taxes & Provisions
-19,000
-6,000
25,000
Cash flow from operations
672,000
-1,072,000
245,000
2,603,000
-143,372
-1,912,165
78,291
-15,264
-8,801,642
1,645,000
13,874,000
800,000
2,152,000
-10,327,000
Investing Activities
capital expenditure
-372,000
-381,000
-57,000
-53,000
-14,000
-60,000
-120,000
-406,000
-315,000
-203,000
-215,000
-52,000
-6,000
-265,000
Change in Investments
cash flow from investments
-372,000
-381,000
-57,000
-53,000
-14,000
-60,000
-120,000
-406,000
-315,000
-203,000
-215,000
-52,000
-6,000
-265,000
Financing Activities
Bank loans
125,000
175,000
Group/Directors Accounts
-5,147,000
379,000
162,000
340,000
-28,000
5,276,000
18,000
-13,000,000
13,000,000
-473,000
473,000
Other Short Term Loans
Long term loans
-300,000
-250,000
1,325,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
3,461,000
28,201,000
interest
-66,000
-18,000
-27,000
562,000
727,000
cash flow from financing
-366,000
-143,000
1,500,000
-1,686,000
352,000
162,000
340,000
-28,000
5,276,000
18,000
-13,000,000
13,000,000
89,000
29,401,000
cash and cash equivalents
cash
-66,000
-1,596,000
1,688,000
864,000
149,000
-1,780,000
158,000
-481,000
-3,765,000
1,460,000
659,000
-17,752,000
2,235,000
19,409,000
overdraft
change in cash
-66,000
-1,596,000
1,688,000
864,000
149,000
-1,780,000
158,000
-481,000
-3,765,000
1,460,000
659,000
-17,752,000
2,235,000
19,409,000
protocol national 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 protocol national limited. Get real-time insights into protocol national limited's credit score, group structure and payment trends.
Perform a competitor analysis for protocol national limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other mid companies, companies in NG2 area or any other competitors across 12 key performance metrics.
protocol national limited Ownership
PROTOCOL NATIONAL LIMITED group structure
Protocol National Limited has no subsidiary companies.
The sole shareholder of Protocol National Limited is Protocol Holdings Limited.
protocol holdings limited
100%
protocol national limited directors
Protocol National Limited currently has 4 directors.
The longest serving directors include
Mr David Wilkinson (Oct 2009) and
Mr Michael Kelly (Aug 2018).
the point welbeck road, west bridgford, nottingham, NG2 7QW
Bank
-
Legal Advisor
-
protocol national 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 protocol national limited. Currently there are 3 open charges and 4 have been satisfied in the past.
protocol national 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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protocol national limitedCompanies House Filings - See Documents
