propellerhead support services ltd
propellerhead support services ltd Company Information
Company Number
03982631
Next Accounts
Jan 2026
Directors
Shareholders
alteus distribution limited
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
6a south street, leominster, HR6 8JB
Website
www.propellerhead.co.ukpropellerhead support services ltd Estimated Valuation
Pomanda estimates the enterprise value of PROPELLERHEAD SUPPORT SERVICES LTD at £415.7k based on a Turnover of £755.7k and 0.55x industry multiple (adjusted for size and gross margin).
propellerhead support services ltd Estimated Valuation
Pomanda estimates the enterprise value of PROPELLERHEAD SUPPORT SERVICES LTD at £10.9k based on an EBITDA of £2.7k and a 4.03x industry multiple (adjusted for size and gross margin).
propellerhead support services ltd Estimated Valuation
Pomanda estimates the enterprise value of PROPELLERHEAD SUPPORT SERVICES LTD at £15.3k based on Net Assets of £7.2k and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Propellerhead Support Services Ltd Overview
Propellerhead Support Services Ltd is a live company located in leominster, HR6 8JB with a Companies House number of 03982631. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 2000, it's largest shareholder is alteus distribution limited with a 100% stake. Propellerhead Support Services Ltd is a mature, small sized company, Pomanda has estimated its turnover at £755.7k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Propellerhead Support Services Ltd Health Check
Pomanda's financial health check has awarded Propellerhead Support Services Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
8 Weak
Size
annual sales of £755.7k, make it smaller than the average company (£4.2m)
- Propellerhead Support Services Ltd
£4.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (9.1%)
- Propellerhead Support Services Ltd
9.1% - Industry AVG
Production
with a gross margin of 37.9%, this company has a comparable cost of product (37.9%)
- Propellerhead Support Services Ltd
37.9% - Industry AVG
Profitability
an operating margin of 0.2% make it less profitable than the average company (5.6%)
- Propellerhead Support Services Ltd
5.6% - Industry AVG
Employees
with 4 employees, this is below the industry average (25)
4 - Propellerhead Support Services Ltd
25 - Industry AVG
Pay Structure
on an average salary of £50.7k, the company has an equivalent pay structure (£50.7k)
- Propellerhead Support Services Ltd
£50.7k - Industry AVG
Efficiency
resulting in sales per employee of £188.9k, this is more efficient (£156.1k)
- Propellerhead Support Services Ltd
£156.1k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (38 days)
- Propellerhead Support Services Ltd
38 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (31 days)
- Propellerhead Support Services Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 54 days, this is more than average (30 days)
- Propellerhead Support Services Ltd
30 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 31 weeks, this is more cash available to meet short term requirements (24 weeks)
31 weeks - Propellerhead Support Services Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.6%, this is a higher level of debt than the average (60.1%)
98.6% - Propellerhead Support Services Ltd
60.1% - Industry AVG
PROPELLERHEAD SUPPORT SERVICES LTD financials
Propellerhead Support Services Ltd's latest turnover from April 2024 is estimated at £755.7 thousand and the company has net assets of £7.2 thousand. According to their latest financial statements, Propellerhead Support Services Ltd has 4 employees and maintains cash reserves of £281.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 4 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,933 | 4,925 | 6,169 | 7,730 | 9,687 | 13,537 | 18,011 | 9,885 | 10,102 | 12,729 | 15,230 | 18,256 | 26,564 | 54,241 | 61,756 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 3,933 | 4,925 | 6,169 | 7,730 | 9,687 | 13,537 | 18,011 | 9,885 | 10,102 | 12,729 | 15,230 | 18,256 | 26,564 | 54,241 | 61,756 |
| Stock & work in progress | 69,473 | 69,473 | 63,742 | 63,742 | 68,978 | 69,651 | 95,049 | 56,752 | 6,752 | 6,396 | 6,396 | 6,396 | 4,929 | 683 | 683 |
| Trade Debtors | 139,706 | 6,391 | 14,484 | 344,868 | 91,239 | 232,693 | 175,192 | 43,748 | 62,071 | 182,555 | 235,291 | 116,859 | 216,767 | 136,848 | 106,297 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 84,248 | 87,017 | 85,219 | 104,758 | |||||||||||
| Cash | 281,078 | 402,335 | 470,198 | 428,787 | 193,426 | 456,532 | 497,782 | 611,719 | 622,969 | 643,805 | 671,416 | 1,007,846 | 1,009,969 | 1,064,998 | 989,347 |
| misc current assets | |||||||||||||||
| total current assets | 490,257 | 478,199 | 632,672 | 924,414 | 353,643 | 758,876 | 768,023 | 797,438 | 796,550 | 832,756 | 913,103 | 1,131,101 | 1,231,665 | 1,202,529 | 1,096,327 |
| total assets | 494,190 | 483,124 | 638,841 | 932,144 | 363,330 | 772,413 | 786,034 | 807,323 | 806,652 | 845,485 | 928,333 | 1,149,357 | 1,258,229 | 1,256,770 | 1,158,083 |
| Bank overdraft | 660 | 580 | 561 | 255 | |||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 23,964 | 1,060 | 27,348 | 277,367 | 94,594 | 134,506 | 106,568 | 26,483 | 29,541 | 58,206 | 62,782 | 89,733 | 120,174 | 193,164 | 274,865 |
| Group/Directors Accounts | 410,590 | 448,488 | 414,768 | 386,768 | 33,225 | ||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 29,412 | 5,874 | 5,932 | 4,109 | 86,493 | 3,173 | |||||||||
| total current liabilities | 464,626 | 456,002 | 448,609 | 668,499 | 94,594 | 134,506 | 106,568 | 112,976 | 65,939 | 58,206 | 62,782 | 89,733 | 120,174 | 193,164 | 274,865 |
| loans | 22,384 | 32,322 | 42,018 | 50,000 | |||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 22,384 | 32,322 | 42,018 | 50,000 | |||||||||||
| total liabilities | 487,010 | 488,324 | 490,627 | 718,499 | 94,594 | 134,506 | 106,568 | 112,976 | 65,939 | 58,206 | 62,782 | 89,733 | 120,174 | 193,164 | 274,865 |
| net assets | 7,180 | -5,200 | 148,214 | 213,645 | 268,736 | 637,907 | 679,466 | 694,347 | 740,713 | 787,279 | 865,551 | 1,059,624 | 1,138,055 | 1,063,606 | 883,218 |
| total shareholders funds | 7,180 | -5,200 | 148,214 | 213,645 | 268,736 | 637,907 | 679,466 | 694,347 | 740,713 | 787,279 | 865,551 | 1,059,624 | 1,138,055 | 1,063,606 | 883,218 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 992 | 1,244 | 15,161 | 1,957 | 3,850 | 4,474 | 2,581 | 2,361 | 2,627 | 2,501 | 3,074 | 8,308 | 8,633 | 23,267 | 24,911 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 5,731 | -5,236 | -673 | -25,398 | 38,297 | 50,000 | 356 | 1,467 | 4,246 | 683 | |||||
| Debtors | 133,315 | -92,341 | -333,153 | 340,646 | -141,454 | 57,501 | 46,225 | -37,862 | -15,726 | -52,736 | 118,432 | -99,908 | 79,919 | 30,551 | 106,297 |
| Creditors | 22,904 | -26,288 | -250,019 | 182,773 | -39,912 | 27,938 | 80,085 | -3,058 | -28,665 | -4,576 | -26,951 | -30,441 | -72,990 | -81,701 | 274,865 |
| Accruals and Deferred Income | 23,538 | -58 | 1,823 | 4,109 | -86,493 | 83,320 | 3,173 | ||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -37,898 | 33,720 | 28,000 | 386,768 | -33,225 | 33,225 | |||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -9,938 | -9,696 | -7,982 | 50,000 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -121,257 | -67,863 | 41,411 | 235,361 | -263,106 | -41,250 | -113,937 | -11,250 | -20,836 | -27,611 | -336,430 | -2,123 | -55,029 | 75,651 | 989,347 |
| overdraft | 80 | 19 | 306 | 255 | |||||||||||
| change in cash | -121,337 | -67,882 | 41,105 | 235,106 | -263,106 | -41,250 | -113,937 | -11,250 | -20,836 | -27,611 | -336,430 | -2,123 | -55,029 | 75,651 | 989,347 |
propellerhead support services ltd Credit Report and Business Information
Propellerhead Support Services Ltd Competitor Analysis
Perform a competitor analysis for propellerhead support services ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in HR6 area or any other competitors across 12 key performance metrics.
propellerhead support services ltd Ownership
PROPELLERHEAD SUPPORT SERVICES LTD group structure
Propellerhead Support Services Ltd has no subsidiary companies.
Ultimate parent company
PROPELLERHEAD SUPPORT SERVICES LTD
03982631
propellerhead support services ltd directors
Propellerhead Support Services Ltd currently has 1 director, Mr Clinton Mee Bishop serving since Aug 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Clinton Mee Bishop | England | 55 years | Aug 2010 | - | Director |
P&L
April 2024turnover
755.7k
+225%
operating profit
1.7k
0%
gross margin
38%
-0.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
7.2k
-2.38%
total assets
494.2k
+0.02%
cash
281.1k
-0.3%
net assets
Total assets minus all liabilities
propellerhead support services ltd company details
company number
03982631
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
April 2000
age
25
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
diamond world limited (April 2003)
accountant
APL ACCOUNTANTS LIMITED
auditor
-
address
6a south street, leominster, HR6 8JB
Bank
-
Legal Advisor
-
propellerhead support services 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 did not find charges/mortgages relating to propellerhead support services ltd.
propellerhead support services 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.
Click to start generating capital raising & share issue transactions for PROPELLERHEAD SUPPORT SERVICES LTD. This can take several minutes, an email will notify you when this has completed.
propellerhead support services ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
