Pomanda estimates the enterprise value of PALLET EXPRESS SYSTEMS LIMITED at £1.4m based on a Turnover of £3.1m and 0.45x industry multiple (adjusted for size and gross margin).
pallet express systems limitedEstimated Valuation
£545.7k
Pomanda estimates the enterprise value of PALLET EXPRESS SYSTEMS LIMITED at £545.7k based on an EBITDA of £160.8k and a 3.39x industry multiple (adjusted for size and gross margin).
pallet express systems limitedEstimated Valuation
£853.1k
Pomanda estimates the enterprise value of PALLET EXPRESS SYSTEMS LIMITED at £853.1k based on Net Assets of £382.2k and 2.23x industry multiple (adjusted for liquidity).
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Pallet Express Systems LimitedOverview
Pallet Express Systems Limited is a live company located in newcastle-under-lyme, ST5 9QH with a Companies House number of 03112231. It operates in the freight transport by road sector, SIC Code 49410. Founded in October 1995, it's largest shareholder is
magnolio holdings ltd
with a 100% stake. Pallet Express Systems Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£3.1m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Pallet Express Systems Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
0 Strong
5 Regular
6 Weak
Size
annual sales of £3.1m, make it smaller than the average company (£8.9m)
£3.1m - Pallet Express Systems Limited
£8.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (8.8%)
7% - Pallet Express Systems Limited
8.8% - Industry AVG
Production
with a gross margin of 21.9%, this company has a comparable cost of product (21.9%)
21.9% - Pallet Express Systems Limited
21.9% - Industry AVG
Profitability
an operating margin of 1.6% make it less profitable than the average company (5.5%)
1.6% - Pallet Express Systems Limited
5.5% - Industry AVG
Employees
with 33 employees, this is below the industry average (58)
33 - Pallet Express Systems Limited
58 - Industry AVG
Pay Structure
on an average salary of £39.9k, the company has an equivalent pay structure (£39.9k)
£39.9k - Pallet Express Systems Limited
£39.9k - Industry AVG
Efficiency
resulting in sales per employee of £93k, this is less efficient (£135.8k)
£93k - Pallet Express Systems Limited
£135.8k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is near the average (52 days)
54 days - Pallet Express Systems Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (30 days)
26 days - Pallet Express Systems Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Pallet Express Systems Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 17 weeks, this is average cash available to meet short term requirements (14 weeks)
17 weeks - Pallet Express Systems Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 65.6%, this is a similar level of debt than the average (60.9%)
65.6% - Pallet Express Systems Limited
60.9% - Industry AVG
PALLET EXPRESS SYSTEMS LIMITED financials
EXPORT
Pallet Express Systems Limited's latest turnover from October 2023 is estimated at £3.1 million and the company has net assets of £382.2 thousand. According to their latest financial statements, Pallet Express Systems Limited has 33 employees and maintains cash reserves of £168.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Turnover
3,070,153
2,995,904
2,333,017
2,529,196
2,349,608
2,280,728
2,229,009
2,843,151
3,319,034
3,932,910
3,902,007
2,923,105
3,198,325
2,875,461
Other Income Or Grants
Cost Of Sales
2,397,934
2,363,796
1,843,785
2,019,644
1,883,944
1,830,090
1,774,931
2,259,837
2,689,400
3,192,392
3,189,369
2,385,985
2,588,643
2,258,177
Gross Profit
672,219
632,108
489,232
509,552
465,664
450,639
454,078
583,313
629,634
740,518
712,639
537,120
609,682
617,284
Admin Expenses
623,514
662,311
488,759
508,897
440,556
370,959
496,063
656,102
1,300,743
673,944
713,242
619,066
613,834
490,638
-1,464,569
Operating Profit
48,705
-30,203
473
655
25,108
79,680
-41,985
-72,789
-671,109
66,574
-603
-81,946
-4,152
126,646
1,464,569
Interest Payable
9,706
10,550
10,727
8,470
5,964
7,344
4,311
597
480
2,583
2,103
Interest Receivable
8,286
6,058
385
283
1,313
859
231
395
1,345
1,607
1,066
591
510
571
343
Pre-Tax Profit
47,285
-34,695
-9,869
-7,531
20,457
73,195
-46,065
-72,991
-669,764
68,181
464
-81,355
-4,122
124,635
1,462,810
Tax
-11,821
-3,887
-13,907
-14,318
-107
-34,898
-409,587
Profit After Tax
35,464
-34,695
-9,869
-7,531
16,570
59,288
-46,065
-72,991
-669,764
53,863
357
-81,355
-4,122
89,737
1,053,223
Dividends Paid
Retained Profit
35,464
-34,695
-9,869
-7,531
16,570
59,288
-46,065
-72,991
-669,764
53,863
357
-81,355
-4,122
89,737
1,053,223
Employee Costs
1,317,876
1,217,918
947,997
926,065
956,878
833,995
808,285
759,279
909,150
1,050,655
1,041,229
790,338
863,716
820,333
Number Of Employees
33
32
27
27
28
25
25
24
29
35
35
27
30
29
EBITDA*
160,779
69,027
109,155
114,402
147,540
175,556
65,914
27,544
-560,390
196,535
120,736
27,597
113,689
228,188
1,569,508
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Tangible Assets
419,303
400,084
371,604
398,642
464,448
332,537
337,879
372,895
336,670
886,419
883,419
819,202
863,840
922,063
870,876
Intangible Assets
285
12,030
24,822
37,613
50,404
63,195
75,986
88,777
101,569
114,361
127,153
Investments & Other
10,020
10,020
10,020
10,020
10,020
10,020
10,020
10,020
10,020
20
20
20
20
20
20
Debtors (Due After 1 year)
Total Fixed Assets
429,323
410,104
381,624
408,662
474,753
354,587
372,721
420,528
397,094
949,634
959,425
907,999
965,429
1,036,444
998,049
Stock & work in progress
Trade Debtors
458,046
506,617
395,520
426,058
390,353
411,158
393,097
470,253
502,816
605,886
617,587
475,770
573,489
555,017
479,093
Group Debtors
Misc Debtors
56,227
64,279
92,629
50,534
47,557
42,289
85,221
90,345
Cash
168,511
147,138
391,354
378,707
187,872
162,244
66,891
118,033
197,930
340,016
302,639
123,864
112,707
91,309
137,168
misc current assets
total current assets
682,784
718,034
879,503
855,299
625,782
615,691
545,209
678,631
700,746
945,902
920,226
599,634
686,196
646,326
616,261
total assets
1,112,107
1,128,138
1,261,127
1,263,961
1,100,535
970,278
917,930
1,099,159
1,097,840
1,895,536
1,879,651
1,507,633
1,651,625
1,682,770
1,614,310
Bank overdraft
25,000
35,045
49,126
52,003
21,518
19,815
19,095
19,095
14,771
43,864
Bank loan
Trade Creditors
176,230
201,716
179,914
165,189
149,540
161,677
168,784
324,661
447,501
544,631
500,334
373,977
366,666
296,848
322,531
Group/Directors Accounts
25,000
75,000
125,000
other short term finances
hp & lease commitments
67,567
58,931
91,969
119,315
104,723
49,351
59,161
50,814
30,292
60,074
105,571
63,977
other current liabilities
217,932
198,194
219,197
204,823
129,617
157,349
149,108
105,204
total current liabilities
511,729
568,886
665,206
541,330
405,398
388,192
396,148
499,774
447,501
544,631
500,334
404,269
426,740
417,190
430,372
loans
43,750
68,750
102,837
147,732
56,440
78,951
99,751
20,830
hp & lease commitments
73,254
74,638
41,039
97,625
151,611
59,253
40,176
6,674
36,966
81,020
79,785
Accruals and Deferred Income
other liabilities
174,298
151,515
189,102
271,377
1,107
7,481
provisions
101,164
69,118
70,604
85,964
88,245
61,611
58,872
56,039
56,785
50,000
50,000
38,000
41,500
41,500
30,000
total long term liabilities
218,168
212,506
214,480
331,321
296,296
199,815
198,799
230,337
208,300
239,102
321,377
45,781
85,947
122,520
130,615
total liabilities
729,897
781,392
879,686
872,651
701,694
588,007
594,947
730,111
655,801
783,733
821,711
450,050
512,687
539,710
560,987
net assets
382,210
346,746
381,441
391,310
398,841
382,271
322,983
369,048
442,039
1,111,803
1,057,940
1,057,583
1,138,938
1,143,060
1,053,323
total shareholders funds
382,210
346,746
381,441
391,310
398,841
382,271
322,983
369,048
442,039
1,111,803
1,057,940
1,057,583
1,138,938
1,143,060
1,053,323
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Operating Activities
Operating Profit
48,705
-30,203
473
655
25,108
79,680
-41,985
-72,789
-671,109
66,574
-603
-81,946
-4,152
126,646
1,464,569
Depreciation
112,074
99,230
108,682
113,462
110,687
83,084
95,108
87,542
97,928
117,170
108,548
96,751
105,049
88,750
92,147
Amortisation
285
11,745
12,792
12,791
12,791
12,791
12,791
12,791
12,792
12,792
12,792
12,792
Tax
-11,821
-3,887
-13,907
-14,318
-107
-34,898
-409,587
Stock
Debtors
-56,623
82,747
11,557
38,682
-15,537
-24,871
-82,280
57,782
-103,070
-11,701
141,817
-97,719
18,472
75,924
479,093
Creditors
-25,486
21,802
14,725
15,649
-12,137
-7,107
-155,877
-122,840
-97,130
44,297
126,357
7,311
69,818
-25,683
322,531
Accruals and Deferred Income
19,738
-21,003
14,374
75,206
-27,732
8,241
43,904
105,204
Deferred Taxes & Provisions
32,046
-1,486
-15,360
-2,281
26,634
2,739
2,833
-746
6,785
12,000
-3,500
11,500
30,000
Cash flow from operations
231,879
-14,407
111,337
164,294
145,955
190,393
39,054
-48,620
-547,665
238,215
117,169
129,127
165,035
103,183
1,033,359
Investing Activities
capital expenditure
-131,293
-127,710
-81,644
-47,656
-242,598
-77,742
-60,092
-123,767
451,821
-120,170
-172,765
-52,113
-46,826
-139,937
-1,102,968
Change in Investments
10,000
20
cash flow from investments
-131,293
-127,710
-81,644
-47,656
-242,598
-77,742
-60,092
-123,767
441,821
-120,170
-172,765
-52,113
-46,826
-139,937
-1,102,988
Financing Activities
Bank loans
Group/Directors Accounts
-50,000
-50,000
125,000
Other Short Term Loans
Long term loans
-25,000
-34,087
-44,895
91,292
-22,511
-20,800
99,751
-20,830
20,830
Hire Purchase and Lease Commitments
7,252
561
-83,932
-39,394
147,730
9,267
48,523
50,814
-36,966
-60,074
-89,551
42,829
143,762
other long term liabilities
-174,298
22,783
-37,587
-82,275
270,270
-6,374
7,481
share issue
100
interest
-1,420
-4,492
-10,342
-8,187
-4,651
-6,485
-4,080
-202
1,345
1,607
1,066
591
30
-2,012
-1,760
cash flow from financing
-69,168
-88,018
-14,169
43,711
120,568
-18,018
-30,104
73,395
-36,242
-80,668
234,370
-65,857
-82,040
19,987
162,932
cash and cash equivalents
cash
21,373
-244,216
12,647
190,835
25,628
95,353
-51,142
-79,897
-142,086
37,377
178,775
11,157
21,398
-45,859
137,168
overdraft
-10,045
-14,081
-2,877
30,485
1,703
720
19,095
-14,771
-29,093
43,864
change in cash
31,418
-230,135
15,524
160,350
23,925
94,633
-51,142
-98,992
-142,086
37,377
178,775
11,157
36,169
-16,766
93,304
pallet express systems 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 pallet express systems limited. Get real-time insights into pallet express systems limited's credit score, group structure and payment trends.
Pallet Express Systems Limited Competitor Analysis
Perform a competitor analysis for pallet express systems limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in ST5 area or any other competitors across 12 key performance metrics.
pallet express systems limited Ownership
PALLET EXPRESS SYSTEMS LIMITED group structure
Pallet Express Systems Limited has 1 subsidiary company.
The sole shareholder of Pallet Express Systems Limited is Magnolio Holdings Ltd.
magnolio holdings ltd
100%
pallet express systems limited directors
Pallet Express Systems Limited currently has 3 directors.
The longest serving directors include
Mr William Bowers (Oct 1995) and
Mrs Anita Bowers (Apr 2004).
excellence house dalewood road, lymedale business park, newcastle-under-lyme, staffordshire, ST5 9QH
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pallet express systems 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 4 charges/mortgages relating to pallet express systems limited. Currently there are 2 open charges and 2 have been satisfied in the past.
pallet express systems 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 PALLET EXPRESS SYSTEMS LIMITED. This can take several minutes, an email will notify you when this has completed.
pallet express systems limitedCompanies House Filings - See Documents
