planet solutions limited

planet solutions limited Company Information

Share PLANET SOLUTIONS LIMITED
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MatureMicroHigh

Company Number

03650011

Industry

Other information technology and computer service activities

 

Shareholders

kamaran kakel

farman kakel

Group Structure

View All

Contact

Registered Address

5a chiswick terrace, london, W4 5LY

planet solutions limited Estimated Valuation

£230.9k

Pomanda estimates the enterprise value of PLANET SOLUTIONS LIMITED at £230.9k based on a Turnover of £432.1k and 0.53x industry multiple (adjusted for size and gross margin).

planet solutions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PLANET SOLUTIONS LIMITED at £0 based on an EBITDA of £-79k and a 3.58x industry multiple (adjusted for size and gross margin).

planet solutions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PLANET SOLUTIONS LIMITED at £0 based on Net Assets of £-64.5k and 2.21x industry multiple (adjusted for liquidity).

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Planet Solutions Limited Overview

Planet Solutions Limited is a live company located in london, W4 5LY with a Companies House number of 03650011. It operates in the other information technology service activities sector, SIC Code 62090. Founded in October 1998, it's largest shareholder is kamaran kakel with a 99% stake. Planet Solutions Limited is a mature, micro sized company, Pomanda has estimated its turnover at £432.1k with high growth in recent years.

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Planet Solutions Limited Health Check

Pomanda's financial health check has awarded Planet Solutions Limited a 2 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 Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £432.1k, make it smaller than the average company (£6.6m)

£432.1k - Planet Solutions Limited

£6.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (6.8%)

20% - Planet Solutions Limited

6.8% - Industry AVG

production

Production

with a gross margin of 25.1%, this company has a higher cost of product (50.1%)

25.1% - Planet Solutions Limited

50.1% - Industry AVG

profitability

Profitability

an operating margin of -18.3% make it less profitable than the average company (3.3%)

-18.3% - Planet Solutions Limited

3.3% - Industry AVG

employees

Employees

with 10 employees, this is below the industry average (40)

10 - Planet Solutions Limited

40 - Industry AVG

paystructure

Pay Structure

on an average salary of £71.6k, the company has an equivalent pay structure (£71.6k)

£71.6k - Planet Solutions Limited

£71.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £43.2k, this is less efficient (£174.8k)

£43.2k - Planet Solutions Limited

£174.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 32 days, this is earlier than average (53 days)

32 days - Planet Solutions Limited

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 109 days, this is slower than average (34 days)

109 days - Planet Solutions Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Planet Solutions Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Planet Solutions Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 268.5%, this is a higher level of debt than the average (63%)

268.5% - Planet Solutions Limited

63% - Industry AVG

PLANET SOLUTIONS LIMITED financials

EXPORTms excel logo

Planet Solutions Limited's latest turnover from October 2023 is estimated at £432.1 thousand and the company has net assets of -£64.5 thousand. According to their latest financial statements, Planet Solutions Limited has 10 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover432,060538,006187,953250,399199,075232,457167,223162,661200,195227,940250,423292,586126,489132,4160
Other Income Or Grants000000000000000
Cost Of Sales323,676398,380142,317190,616151,392173,495121,553116,875142,487164,154174,813200,80388,45292,7210
Gross Profit108,385139,62745,63659,78347,68358,96245,66945,78757,70963,78675,61091,78338,03739,6950
Admin Expenses187,343134,96940,61353,57843,92561,25445,70344,98757,65062,05958,65077,4993,08422,55763,414
Operating Profit-78,9584,6585,0236,2053,758-2,292-34800591,72716,96014,28434,95317,138-63,414
Interest Payable000000000000000
Interest Receivable0000000000011113030
Pre-Tax Profit-78,9584,6585,0236,2053,758-2,292-34800591,72716,96014,29534,96417,168-63,384
Tax0-885-954-1,179-71400-160-12-363-3,901-3,431-9,091-4,8070
Profit After Tax-78,9583,7734,0695,0263,044-2,292-34640471,36413,05910,86425,87312,361-63,384
Dividends Paid000000000000000
Retained Profit-78,9583,7734,0695,0263,044-2,292-34640471,36413,05910,86425,87312,361-63,384
Employee Costs715,9191,011,485255,619179,053180,586230,85155,45853,90254,24153,36850,501101,95949,46848,0570
Number Of Employees10154334111112110
EBITDA*-78,9584,6585,0236,2053,758-2,292-34800591,72716,96014,87835,54717,732-62,820

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets0000111113339271,5212,1151,2051,799
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets0000111113339271,5212,1151,2051,799
Stock & work in progress00000000000046,77644,23541,061
Trade Debtors38,31044,95035,48075,38147,93150,59149,19745,12053,38160,94465,57672,21222,02523,3740
Group Debtors000000000000000
Misc Debtors000000000000000
Cash0000000000004,240012,141
misc current assets000000000000000
total current assets38,31044,95035,48075,38147,93150,59149,19745,12053,38160,94465,57672,21273,04167,60953,202
total assets38,31044,95035,48075,38147,93250,59249,19845,12153,38261,27766,50373,73375,15668,81455,001
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 96,85420,92411,70452,00746,39052,09448,40844,29753,19861,14067,73088,019100,206119,737118,285
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities96,85420,92411,70452,00746,39052,09448,40844,29753,19861,14067,73088,019100,206119,737118,285
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities6,0049,61613,13916,80600000000000
provisions000000000000000
total long term liabilities6,0049,61613,13916,80600000000000
total liabilities102,85830,54024,84368,81346,39052,09448,40844,29753,19861,14067,73088,019100,206119,737118,285
net assets-64,54814,41010,6376,5681,542-1,502790824184137-1,227-14,286-25,050-50,923-63,284
total shareholders funds-64,54814,41010,6376,5681,542-1,502790824184137-1,227-14,286-25,050-50,923-63,284
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit-78,9584,6585,0236,2053,758-2,292-34800591,72716,96014,28434,95317,138-63,414
Depreciation00000000000594594594594
Amortisation000000000000000
Tax0-885-954-1,179-71400-160-12-363-3,901-3,431-9,091-4,8070
Stock00000000000-46,7762,5413,17441,061
Debtors-6,6409,470-39,90127,450-2,6601,3944,077-8,261-7,563-4,632-6,63650,187-1,34923,3740
Creditors75,9309,220-40,3035,617-5,7043,6864,111-8,901-7,942-6,590-20,289-12,187-19,5311,452118,285
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations3,6123,5233,667-16,8070000-332-594-594-4,1515,733-12,17114,404
Investing Activities
capital expenditure000100003325945940-1,5040-2,393
Change in Investments000000000000000
cash flow from investments000100003325945940-1,5040-2,393
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities-3,612-3,523-3,66716,80600000000000
share issue00000000000-10000100
interest0000000000011113030
cash flow from financing-3,612-3,523-3,66716,8060000000-891130130
cash and cash equivalents
cash00000000000-4,2404,240-12,14112,141
overdraft000000000000000
change in cash00000000000-4,2404,240-12,14112,141

planet solutions limited 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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Planet Solutions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for planet solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in W 4 area or any other competitors across 12 key performance metrics.

planet solutions limited Ownership

PLANET SOLUTIONS LIMITED group structure

Planet Solutions Limited has no subsidiary companies.

Ultimate parent company

PLANET SOLUTIONS LIMITED

03650011

PLANET SOLUTIONS LIMITED Shareholders

kamaran kakel 99%
farman kakel 1%

planet solutions limited directors

Planet Solutions Limited currently has 2 directors. The longest serving directors include Mr Kamaran Kakel (Oct 1998) and Mr Farman Kakel (Mar 2011).

officercountryagestartendrole
Mr Kamaran KakelUnited Kingdom55 years Oct 1998- Director
Mr Farman KakelUnited Kingdom50 years Mar 2011- Director

P&L

October 2023

turnover

432.1k

-20%

operating profit

-79k

0%

gross margin

25.1%

-3.34%

turnover

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

Balance Sheet

October 2023

net assets

-64.5k

-5.48%

total assets

38.3k

-0.15%

cash

0

0%

net assets

Total assets minus all liabilities

planet solutions limited company details

company number

03650011

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

incorporation date

October 1998

age

26

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

5a chiswick terrace, london, W4 5LY

Bank

HSBC BANK PLC

Legal Advisor

-

planet solutions 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 1 charges/mortgages relating to planet solutions limited. Currently there are 1 open charges and 0 have been satisfied in the past.

planet solutions 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 PLANET SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.

planet solutions limited Companies House Filings - See Documents

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