Pomanda estimates the enterprise value of PASS THE PARCEL OVERNIGHT LTD at £4.3m based on a Turnover of £7.5m and 0.58x industry multiple (adjusted for size and gross margin).
pass the parcel overnight ltdEstimated Valuation
£334.4k
Pomanda estimates the enterprise value of PASS THE PARCEL OVERNIGHT LTD at £334.4k based on an EBITDA of £78.2k and a 4.28x industry multiple (adjusted for size and gross margin).
pass the parcel overnight ltdEstimated Valuation
£1.4m
Pomanda estimates the enterprise value of PASS THE PARCEL OVERNIGHT LTD at £1.4m based on Net Assets of £566.9k and 2.39x industry multiple (adjusted for liquidity).
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Pass The Parcel Overnight LtdOverview
Pass The Parcel Overnight Ltd is a live company located in burnley, BB11 5SX with a Companies House number of 03204249. It operates in the freight transport by road sector, SIC Code 49410. Founded in May 1996, it's largest shareholder is
classic carriers ltd
with a 89.1% stake. Pass The Parcel Overnight Ltd is a mature,
mid sized company, Pomanda has estimated its turnover at
£7.5m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Pass The Parcel Overnight Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
4 Regular
4 Weak
Size
annual sales of £7.5m, make it smaller than the average company (£10.4m)
£7.5m - Pass The Parcel Overnight Ltd
£10.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (9%)
34% - Pass The Parcel Overnight Ltd
9% - Industry AVG
Production
with a gross margin of 22.4%, this company has a comparable cost of product (22.4%)
22.4% - Pass The Parcel Overnight Ltd
22.4% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (5%)
0.3% - Pass The Parcel Overnight Ltd
5% - Industry AVG
Employees
with 30 employees, this is below the industry average (63)
30 - Pass The Parcel Overnight Ltd
63 - Industry AVG
Pay Structure
on an average salary of £41k, the company has an equivalent pay structure (£41k)
£41k - Pass The Parcel Overnight Ltd
£41k - Industry AVG
Efficiency
resulting in sales per employee of £249.4k, this is more efficient (£136.4k)
£249.4k - Pass The Parcel Overnight Ltd
£136.4k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is near the average (52 days)
63 days - Pass The Parcel Overnight Ltd
52 days - Industry AVG
Creditor Days
its suppliers are paid after 58 days, this is slower than average (31 days)
58 days - Pass The Parcel Overnight Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Pass The Parcel Overnight Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is less cash available to meet short term requirements (12 weeks)
3 weeks - Pass The Parcel Overnight Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63%, this is a similar level of debt than the average (60.4%)
63% - Pass The Parcel Overnight Ltd
60.4% - Industry AVG
PASS THE PARCEL OVERNIGHT LTD financials
EXPORT
Pass The Parcel Overnight Ltd's latest turnover from March 2024 is estimated at £7.5 million and the company has net assets of £566.9 thousand. According to their latest financial statements, Pass The Parcel Overnight Ltd has 30 employees and maintains cash reserves of £57.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Turnover
7,481,730
2,883,978
2,764,991
3,083,578
3,661,280
3,078,518
2,778,656
2,735,660
2,340,441
5,262,202
5,340,873
5,110,585
3,358,035
2,568,801
1,942,291
Other Income Or Grants
Cost Of Sales
5,808,557
2,222,340
2,300,667
2,436,953
2,924,741
2,472,522
2,229,653
2,172,522
1,862,558
4,255,036
4,337,531
4,165,685
2,728,635
2,064,790
1,521,296
Gross Profit
1,673,173
661,638
464,324
646,624
736,539
605,996
549,003
563,138
477,883
1,007,166
1,003,342
944,900
629,400
504,011
420,995
Admin Expenses
1,649,124
637,969
405,796
545,418
785,415
604,003
562,541
662,663
462,371
974,439
917,767
877,755
551,365
329,917
107,468
Operating Profit
24,049
23,669
58,528
101,206
-48,876
1,993
-13,538
-99,525
15,512
32,727
85,575
67,145
78,035
174,094
313,527
Interest Payable
3,777
Interest Receivable
6,142
764
353
333
2,907
1,851
927
1,757
1,638
1,380
1,845
1,781
818
326
Pre-Tax Profit
30,191
20,656
58,528
101,559
-48,543
4,900
-11,687
-98,598
17,269
34,365
86,954
68,991
79,816
174,912
313,853
Tax
-7,548
-14,802
25,630
-19,296
-931
-3,454
-6,873
-18,260
-15,868
-19,156
-45,477
-87,879
Profit After Tax
22,643
5,854
84,158
82,263
-48,543
3,969
-11,687
-98,598
13,815
27,492
68,694
53,123
60,660
129,435
225,974
Dividends Paid
30,000
22,500
Retained Profit
22,643
-24,146
61,658
82,263
-48,543
3,969
-11,687
-98,598
13,815
27,492
68,694
53,123
60,660
129,435
225,974
Employee Costs
1,231,417
870,394
1,132,142
1,040,467
1,028,132
1,019,822
854,181
838,238
662,419
1,426,230
1,435,581
1,400,218
906,515
690,972
566,338
Number Of Employees
30
22
30
30
30
30
26
26
21
46
48
47
31
24
20
EBITDA*
78,181
112,515
134,390
168,413
3,547
30,553
45,613
-20,696
98,060
40,732
164,813
122,738
129,040
224,123
380,339
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Tangible Assets
135,475
161,830
236,249
191,461
207,497
45,007
72,327
131,978
162,989
231,149
254,606
198,811
152,473
137,522
121,516
Intangible Assets
Investments & Other
25,790
25,790
25,790
25,790
25,790
24,770
21,546
Debtors (Due After 1 year)
Total Fixed Assets
135,475
161,830
236,249
191,461
207,497
45,007
72,327
157,768
188,779
256,939
280,396
224,601
177,243
159,068
121,516
Stock & work in progress
Trade Debtors
1,300,212
514,196
367,385
533,670
636,557
522,808
496,553
517,948
427,097
780,992
788,170
761,966
386,661
402,110
365,419
Group Debtors
7,900
Misc Debtors
37,500
70,443
797,609
796,549
677,955
680,614
660,477
516,580
503,836
3,245
Cash
57,225
176,738
512,319
440,485
265,428
399,643
375,502
364,990
376,812
326,049
329,253
222,626
515,568
196,781
130,322
misc current assets
total current assets
1,394,937
761,377
1,677,313
1,770,704
1,579,940
1,603,065
1,532,532
1,399,518
1,307,745
1,107,041
1,117,423
984,592
902,229
598,891
506,886
total assets
1,530,412
923,207
1,913,562
1,962,165
1,787,437
1,648,072
1,604,859
1,557,286
1,496,524
1,363,980
1,397,819
1,209,193
1,079,472
757,959
628,402
Bank overdraft
Bank loan
Trade Creditors
924,180
255,053
278,694
292,519
317,385
283,048
271,594
231,460
224,511
748,239
785,428
695,963
618,318
354,124
200,985
Group/Directors Accounts
196,974
other short term finances
hp & lease commitments
other current liabilities
83,484
1,029,122
1,127,464
1,007,444
885,197
846,957
817,602
658,989
total current liabilities
924,180
338,537
1,307,816
1,419,983
1,324,829
1,168,245
1,118,551
1,049,062
883,500
748,239
785,428
695,963
618,318
354,124
397,959
loans
hp & lease commitments
Accruals and Deferred Income
10,529
other liabilities
5,796
5,796
5,796
7,521
28,221
7,942
20,817
33,691
provisions
28,847
40,457
44,887
35,481
38,170
6,846
11,500
21,729
27,931
42,738
46,180
35,992
24,164
14,631
4,365
total long term liabilities
39,376
40,457
44,887
35,481
38,170
6,846
17,296
27,525
33,727
50,259
74,401
43,934
44,981
48,322
4,365
total liabilities
963,556
378,994
1,352,703
1,455,464
1,362,999
1,175,091
1,135,847
1,076,587
917,227
798,498
859,829
739,897
663,299
402,446
402,324
net assets
566,856
544,213
560,859
506,701
424,438
472,981
469,012
480,699
579,297
565,482
537,990
469,296
416,173
355,513
226,078
total shareholders funds
566,856
544,213
560,859
506,701
424,438
472,981
469,012
480,699
579,297
565,482
537,990
469,296
416,173
355,513
226,078
Mar 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Operating Activities
Operating Profit
24,049
23,669
58,528
101,206
-48,876
1,993
-13,538
-99,525
15,512
32,727
85,575
67,145
78,035
174,094
313,527
Depreciation
54,132
88,846
75,862
67,207
52,423
28,560
59,151
78,829
82,548
8,005
79,238
55,593
51,005
50,029
66,812
Amortisation
Tax
-7,548
-14,802
25,630
-19,296
-931
-3,454
-6,873
-18,260
-15,868
-19,156
-45,477
-87,879
Stock
Debtors
753,073
-580,355
-165,225
15,707
111,090
46,392
122,502
103,595
149,941
-7,178
26,204
375,305
-15,449
25,546
376,564
Creditors
669,127
-23,641
-13,825
-24,866
34,337
11,454
40,134
6,949
-523,728
-37,189
89,465
77,645
264,194
153,139
200,985
Accruals and Deferred Income
-72,955
-945,638
-98,342
120,020
122,247
38,240
29,355
158,613
658,989
Deferred Taxes & Provisions
-11,610
-4,430
9,406
-2,689
31,324
-4,654
-10,229
-6,202
-14,807
-3,442
10,188
11,828
9,533
10,266
4,365
Cash flow from operations
-97,878
-295,641
222,484
225,875
80,365
28,270
-17,629
35,069
65,119
406
220,002
-178,962
399,060
316,505
121,246
Investing Activities
capital expenditure
-27,777
-14,427
-120,650
-51,171
-214,913
-1,240
500
-47,818
-14,388
15,452
-135,033
-101,931
-65,956
-66,035
-188,328
Change in Investments
-25,790
1,020
3,224
21,546
cash flow from investments
-27,777
-14,427
-120,650
-51,171
-214,913
-1,240
26,290
-47,818
-14,388
15,452
-135,033
-102,951
-69,180
-87,581
-188,328
Financing Activities
Bank loans
Group/Directors Accounts
-196,974
196,974
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-5,796
-1,725
-20,700
20,279
-12,875
-12,874
33,691
share issue
7,500
-7,500
104
interest
6,142
-3,013
353
333
2,907
1,851
927
1,757
1,638
1,380
1,845
1,781
818
326
cash flow from financing
6,142
4,487
-7,500
353
333
-2,889
1,851
927
32
-19,062
21,659
-11,030
-11,093
-162,465
197,404
cash and cash equivalents
cash
-119,513
-335,581
71,834
175,057
-134,215
24,141
10,512
-11,822
50,763
-3,204
106,627
-292,942
318,787
66,459
130,322
overdraft
change in cash
-119,513
-335,581
71,834
175,057
-134,215
24,141
10,512
-11,822
50,763
-3,204
106,627
-292,942
318,787
66,459
130,322
pass the parcel overnight ltd 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 pass the parcel overnight ltd. Get real-time insights into pass the parcel overnight ltd's credit score, group structure and payment trends.
Perform a competitor analysis for pass the parcel overnight ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in BB11 area or any other competitors across 12 key performance metrics.
pass the parcel overnight ltd Ownership
PASS THE PARCEL OVERNIGHT LTD group structure
Pass The Parcel Overnight Ltd has no subsidiary companies.
The largest shareholders in Pass The Parcel Overnight Ltd include Classic Carriers Ltd and Charles Jeremy Sutcliffe.
classic carriers ltd
89.06%
charles jeremy sutcliffe
10.94%
pass the parcel overnight ltd directors
Pass The Parcel Overnight Ltd currently has 2 directors.
The longest serving directors include
Mr Jordan Kellett (Dec 2023) and
Mr Mark Jones (Dec 2023).
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 2 charges/mortgages relating to pass the parcel overnight ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
pass the parcel overnight 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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pass the parcel overnight ltdCompanies House Filings - See Documents
