proman supply chain ltd
proman supply chain ltd Company Information
Company Number
03443013
Website
www.heads-uk.comRegistered Address
building 2 mosley road, trafford park, manchester, M17 1FQ
Industry
Temporary employment agency activities
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Telephone
01617468811
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
proman expansion sas 100%
proman supply chain ltd Estimated Valuation
Pomanda estimates the enterprise value of PROMAN SUPPLY CHAIN LTD at £20.4m based on a Turnover of £73m and 0.28x industry multiple (adjusted for size and gross margin).
proman supply chain ltd Estimated Valuation
Pomanda estimates the enterprise value of PROMAN SUPPLY CHAIN LTD at £4.9m based on an EBITDA of £1m and a 4.68x industry multiple (adjusted for size and gross margin).
proman supply chain ltd Estimated Valuation
Pomanda estimates the enterprise value of PROMAN SUPPLY CHAIN LTD at £8.8m based on Net Assets of £19m and 0.46x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Proman Supply Chain Ltd Overview
Proman Supply Chain Ltd is a live company located in manchester, M17 1FQ with a Companies House number of 03443013. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in October 1997, it's largest shareholder is proman expansion sas with a 100% stake. Proman Supply Chain Ltd is a mature, large sized company, Pomanda has estimated its turnover at £73m with declining growth in recent years.
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Proman Supply Chain Ltd Health Check
Pomanda's financial health check has awarded Proman Supply Chain Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £73m, make it larger than the average company (£12.5m)
£73m - Proman Supply Chain Ltd
£12.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (5.1%)
-3% - Proman Supply Chain Ltd
5.1% - Industry AVG
Production
with a gross margin of 10.5%, this company has a higher cost of product (21.3%)
10.5% - Proman Supply Chain Ltd
21.3% - Industry AVG
Profitability
an operating margin of 1.3% make it less profitable than the average company (3.2%)
1.3% - Proman Supply Chain Ltd
3.2% - Industry AVG
Employees
with 120 employees, this is above the industry average (46)
120 - Proman Supply Chain Ltd
46 - Industry AVG
Pay Structure
on an average salary of £43k, the company has an equivalent pay structure (£51.6k)
£43k - Proman Supply Chain Ltd
£51.6k - Industry AVG
Efficiency
resulting in sales per employee of £608.1k, this is more efficient (£225.9k)
£608.1k - Proman Supply Chain Ltd
£225.9k - Industry AVG
Debtor Days
it gets paid by customers after 88 days, this is later than average (44 days)
88 days - Proman Supply Chain Ltd
44 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Proman Supply Chain Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Proman Supply Chain Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is average cash available to meet short term requirements (8 weeks)
8 weeks - Proman Supply Chain Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.6%, this is a lower level of debt than the average (69.6%)
28.6% - Proman Supply Chain Ltd
69.6% - Industry AVG
PROMAN SUPPLY CHAIN LTD financials
Proman Supply Chain Ltd's latest turnover from December 2023 is £73 million and the company has net assets of £19 million. According to their latest financial statements, Proman Supply Chain Ltd has 120 employees and maintains cash reserves of £1.3 million 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 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 72,974,350 | 76,683,604 | 82,080,563 | 79,617,310 | 67,742,149 | 63,098,433 | 59,292,436 | 54,617,250 | 43,816,325 | 50,417,427 | 42,389,702 | 37,023,471 | 34,919,040 | 33,091,240 | 26,050,572 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 65,334,022 | 67,799,863 | 74,198,254 | 72,535,011 | 60,891,398 | 56,869,779 | 53,018,347 | 48,477,217 | 38,652,541 | 44,471,989 | 37,445,256 | 32,645,257 | 30,336,311 | 28,700,515 | 22,487,112 |
| Gross Profit | 7,640,328 | 8,883,741 | 7,882,309 | 7,082,299 | 6,850,751 | 6,228,654 | 6,274,089 | 6,140,033 | 5,163,784 | 5,945,438 | 4,944,446 | 4,378,214 | 4,582,729 | 4,390,725 | 3,563,460 |
| Admin Expenses | 6,699,962 | 6,581,430 | 6,038,216 | 5,351,026 | 5,379,912 | 4,801,565 | 4,598,117 | 4,372,255 | 3,232,709 | 3,804,179 | 4,159,343 | 3,190,956 | 2,923,548 | 2,835,952 | 2,541,489 |
| Operating Profit | 940,366 | 2,302,311 | 1,844,093 | 1,731,273 | 1,470,839 | 1,427,089 | 1,675,972 | 1,767,778 | 1,931,075 | 2,141,259 | 785,103 | 1,187,258 | 1,659,181 | 1,554,773 | 1,021,971 |
| Interest Payable | 25,818 | 4,923 | 0 | 0 | 0 | 0 | 987 | 0 | 0 | 196,922 | 50,000 | 901 | 0 | 25,663 | 0 |
| Interest Receivable | 19,392 | 1,129 | 174 | 955 | 6,991 | 3,200 | 664 | 6,515 | 4,436 | 7,800 | 8,701 | 12,811 | 7,800 | 7,734 | 5,143 |
| Pre-Tax Profit | 933,940 | 2,298,517 | 1,844,267 | 1,732,228 | 1,477,830 | 1,430,289 | 1,675,649 | 1,774,293 | 1,935,511 | 1,952,137 | 744,004 | 1,199,168 | 1,666,981 | 1,536,844 | 1,027,114 |
| Tax | -245,236 | -391,157 | -361,516 | -334,800 | -287,177 | -240,981 | -326,445 | -354,573 | -394,673 | -454,467 | -186,525 | -277,273 | -456,407 | -423,387 | -290,208 |
| Profit After Tax | 688,704 | 1,907,360 | 1,482,751 | 1,397,428 | 1,190,653 | 1,189,308 | 1,349,204 | 1,419,720 | 1,540,838 | 1,497,670 | 557,479 | 921,895 | 1,210,574 | 1,113,457 | 736,906 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,000,000 |
| Retained Profit | 688,704 | 1,907,360 | 1,482,751 | 1,397,428 | 1,190,653 | 1,189,308 | 1,349,204 | 1,419,720 | 1,540,838 | 1,497,670 | 557,479 | 921,895 | 1,210,574 | 1,113,457 | -2,263,094 |
| Employee Costs | 5,155,659 | 5,796,447 | 5,576,146 | 4,692,983 | 3,865,882 | 3,657,612 | 3,677,873 | 3,534,180 | 2,727,511 | 3,263,768 | 3,559,292 | 2,705,826 | 2,407,207 | 2,428,641 | 2,106,444 |
| Number Of Employees | 120 | 156 | 158 | 128 | 104 | 97 | 99 | 91 | 85 | 81 | 77 | 65 | 68 | 68 | 52 |
| EBITDA* | 1,037,284 | 2,415,670 | 1,999,231 | 1,930,953 | 1,680,059 | 1,605,819 | 1,846,894 | 1,906,391 | 2,010,260 | 2,251,428 | 904,692 | 1,298,147 | 1,759,157 | 1,656,722 | 1,113,565 |
* 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 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 236,307 | 261,428 | 278,227 | 377,635 | 489,247 | 601,710 | 447,952 | 461,574 | 276,931 | 237,854 | 259,199 | 264,890 | 277,188 | 323,755 | 226,316 |
| Intangible Assets | 36,441 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 272,748 | 261,428 | 278,227 | 377,635 | 489,247 | 601,710 | 447,952 | 490,074 | 276,931 | 237,854 | 259,199 | 264,890 | 277,188 | 323,755 | 226,316 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 17,792,120 | 17,494,547 | 14,032,566 | 20,703,132 | 14,917,809 | 11,922,711 | 10,092,750 | 10,484,863 | 9,516,236 | 7,202,532 | 5,178,630 | 4,219,422 | 4,594,352 | 4,165,390 | 3,501,591 |
| Group Debtors | 6,461,599 | 6,208,494 | 6,949,379 | 553,802 | 1,949,737 | 833,337 | 1,833,337 | 900,671 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 798,351 | 829,387 | 661,275 | 605,047 | 372,030 | 236,592 | 291,665 | 595,462 | 140,614 | 121,427 | 118,055 | 111,767 | 107,297 | 108,912 | 114,756 |
| Cash | 1,256,549 | 2,834,071 | 2,579,618 | 4,549,450 | 1,873,764 | 4,010,835 | 3,560,986 | 2,848,364 | 2,632,177 | 2,711,508 | 2,389,351 | 2,308,581 | 1,105,567 | 659,577 | 615,400 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 26,308,619 | 27,366,499 | 24,222,838 | 26,411,431 | 19,113,340 | 17,003,475 | 15,778,738 | 14,829,360 | 12,289,027 | 10,035,467 | 7,686,036 | 6,639,770 | 5,807,216 | 4,933,879 | 4,231,747 |
| total assets | 26,581,367 | 27,627,927 | 24,501,065 | 26,789,066 | 19,602,587 | 17,605,185 | 16,226,690 | 15,319,434 | 12,565,958 | 10,273,321 | 7,945,235 | 6,904,660 | 6,084,404 | 5,257,634 | 4,458,063 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 18,912 | 19,036 | 11,639 | 3,484 | 11,149 | 662,972 | 21,290 | 25,930 | 11,353 | 12,026 | 20,451 | 15,317 | 10,237 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500,000 | 1,300,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 7,563,772 | 9,291,895 | 8,070,985 | 11,839,437 | 6,048,591 | 5,246,763 | 5,076,975 | 4,860,241 | 4,761,229 | 4,207,501 | 3,391,662 | 2,901,433 | 2,986,002 | 2,872,337 | 2,409,011 |
| total current liabilities | 7,563,772 | 9,291,895 | 8,089,897 | 11,858,473 | 6,060,230 | 5,250,247 | 5,088,124 | 5,523,213 | 4,782,519 | 4,233,431 | 3,403,015 | 2,913,459 | 3,006,453 | 3,387,654 | 3,719,248 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 37,002 | 44,143 | 26,639 | 28,815 | 38,007 | 41,241 | 14,177 | 21,036 | 7,711 | 0 | 0 | 6,460 | 15,105 | 17,708 | 0 |
| total long term liabilities | 37,002 | 44,143 | 26,639 | 28,815 | 38,007 | 41,241 | 14,177 | 21,036 | 7,711 | 0 | 0 | 6,460 | 15,105 | 17,708 | 0 |
| total liabilities | 7,600,774 | 9,336,038 | 8,116,536 | 11,887,288 | 6,098,237 | 5,291,488 | 5,102,301 | 5,544,249 | 4,790,230 | 4,233,431 | 3,403,015 | 2,919,919 | 3,021,558 | 3,405,362 | 3,719,248 |
| net assets | 18,980,593 | 18,291,889 | 16,384,529 | 14,901,778 | 13,504,350 | 12,313,697 | 11,124,389 | 9,775,185 | 7,775,728 | 6,039,890 | 4,542,220 | 3,984,741 | 3,062,846 | 1,852,272 | 738,815 |
| total shareholders funds | 18,980,593 | 18,291,889 | 16,384,529 | 14,901,778 | 13,504,350 | 12,313,697 | 11,124,389 | 9,775,185 | 7,775,728 | 6,039,890 | 4,542,220 | 3,984,741 | 3,062,846 | 1,852,272 | 738,815 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 940,366 | 2,302,311 | 1,844,093 | 1,731,273 | 1,470,839 | 1,427,089 | 1,675,972 | 1,767,778 | 1,931,075 | 2,141,259 | 785,103 | 1,187,258 | 1,659,181 | 1,554,773 | 1,021,971 |
| Depreciation | 90,043 | 113,359 | 155,138 | 199,680 | 209,220 | 178,730 | 170,922 | 138,613 | 79,185 | 110,169 | 119,589 | 110,889 | 99,976 | 101,949 | 91,594 |
| Amortisation | 6,875 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -245,236 | -391,157 | -361,516 | -334,800 | -287,177 | -240,981 | -326,445 | -354,573 | -394,673 | -454,467 | -186,525 | -277,273 | -456,407 | -423,387 | -290,208 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 519,642 | 2,889,208 | -218,761 | 4,622,405 | 4,246,936 | 774,888 | 208,256 | 2,352,646 | 4,360,165 | 2,027,274 | 965,496 | -370,460 | 427,347 | 657,955 | 3,616,347 |
| Creditors | 0 | -18,912 | -124 | 7,397 | 8,155 | -7,665 | -651,823 | 641,682 | 9,937 | 14,577 | -673 | -8,425 | 5,134 | 5,080 | 10,237 |
| Accruals and Deferred Income | -1,728,123 | 1,220,910 | -3,768,452 | 5,790,846 | 801,828 | 169,788 | 216,734 | 99,012 | 1,369,567 | 815,839 | 490,229 | -84,569 | 113,665 | 463,326 | 2,409,011 |
| Deferred Taxes & Provisions | -7,141 | 17,504 | -2,176 | -9,192 | -3,234 | 27,064 | -6,859 | 13,325 | 7,711 | 0 | -6,460 | -8,645 | -2,603 | 17,708 | 0 |
| Cash flow from operations | -1,462,858 | 354,807 | -1,914,276 | 2,762,799 | -2,047,305 | 779,137 | 870,245 | -46,809 | -1,357,363 | 600,103 | 235,767 | 1,289,695 | 991,599 | 1,061,494 | -373,742 |
| Investing Activities | |||||||||||||||
| capital expenditure | -323,256 | -119,277 | -71,724 | -92,298 | -93,941 | -53,409 | -177,906 | -54,183 | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -323,256 | -119,277 | -71,724 | -92,298 | -93,941 | -53,409 | -177,906 | -54,183 | |||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -500,000 | -800,000 | 1,300,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -6,426 | -3,794 | 174 | 955 | 6,991 | 3,200 | -323 | 6,515 | 4,436 | -189,122 | -41,299 | 11,910 | 7,800 | -17,929 | 5,143 |
| cash flow from financing | -6,426 | -3,794 | 174 | 955 | 6,991 | 3,200 | -323 | 586,252 | 1,697,106 | -189,122 | -41,299 | 11,910 | -492,200 | -817,929 | 4,307,052 |
| cash and cash equivalents | |||||||||||||||
| cash | -1,577,522 | 254,453 | -1,969,832 | 2,675,686 | -2,137,071 | 449,849 | 712,622 | 216,187 | 242,826 | 322,157 | 80,770 | 1,203,014 | 445,990 | 44,177 | 615,400 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,577,522 | 254,453 | -1,969,832 | 2,675,686 | -2,137,071 | 449,849 | 712,622 | 216,187 | 242,826 | 322,157 | 80,770 | 1,203,014 | 445,990 | 44,177 | 615,400 |
proman supply chain ltd Credit Report and Business Information
Proman Supply Chain Ltd Competitor Analysis
Perform a competitor analysis for proman supply chain ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in M17 area or any other competitors across 12 key performance metrics.
proman supply chain ltd Ownership
PROMAN SUPPLY CHAIN LTD group structure
Proman Supply Chain Ltd has no subsidiary companies.
Ultimate parent company
PROMAN EXPANSION S.A.
#0068241
1 parent
PROMAN SUPPLY CHAIN LTD
03443013
proman supply chain ltd directors
Proman Supply Chain Ltd currently has 6 directors. The longest serving directors include Mr Laurent Robert (Jul 2015) and Mr Roland Gomez (Jul 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Laurent Robert | England | 57 years | Jul 2015 | - | Director |
| Mr Roland Gomez | England | 51 years | Jul 2015 | - | Director |
| Mr Patrick Ramsdale | England | 45 years | Jul 2015 | - | Director |
| Mr Roland Gomez | England | 75 years | Jul 2015 | - | Director |
| Mr Jonathan Gibbon | England | 54 years | Jun 2023 | - | Director |
| Mr Matthew Holt | England | 52 years | Jun 2023 | - | Director |
P&L
December 2023turnover
73m
-5%
operating profit
940.4k
-59%
gross margin
10.5%
-9.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
19m
+0.04%
total assets
26.6m
-0.04%
cash
1.3m
-0.56%
net assets
Total assets minus all liabilities
proman supply chain ltd company details
company number
03443013
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
October 1997
age
27
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
heads recruitment limited (October 2021)
last accounts submitted
December 2023
address
building 2 mosley road, trafford park, manchester, M17 1FQ
accountant
-
auditor
BEEVER & STRUTHERS
proman supply chain 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 found 1 charges/mortgages relating to proman supply chain ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
proman supply chain ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
