Pomanda estimates the enterprise value of PALATINE CONTRACTS LIMITED at £72.3m based on a Turnover of £66.9m and 1.08x industry multiple (adjusted for size and gross margin).
palatine contracts limitedEstimated Valuation
£5.4m
Pomanda estimates the enterprise value of PALATINE CONTRACTS LIMITED at £5.4m based on an EBITDA of £650k and a 8.24x industry multiple (adjusted for size and gross margin).
palatine contracts limitedEstimated Valuation
£1.1m
Pomanda estimates the enterprise value of PALATINE CONTRACTS LIMITED at £1.1m based on Net Assets of £778k and 1.39x industry multiple (adjusted for liquidity).
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Palatine Contracts LimitedOverview
Palatine Contracts Limited is a live company located in ashton-under-lyne, OL6 7AT with a Companies House number of 04056290. It operates in the development of building projects sector, SIC Code 41100. Founded in August 2000, it's largest shareholder is
jigsaw homes north
with a 100% stake. Palatine Contracts Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£66.9m with
high
growth in recent years.
Pomanda's financial health check has awarded Palatine Contracts Limited a 3 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
Health Rating3out of 5
4 Strong
2 Regular
4 Weak
Size
annual sales of £66.9m, make it larger than the average company (£2.3m)
£66.9m - Palatine Contracts Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (6%)
23% - Palatine Contracts Limited
6% - Industry AVG
Production
with a gross margin of 26.2%, this company has a comparable cost of product (26.2%)
26.2% - Palatine Contracts Limited
26.2% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (7.5%)
1% - Palatine Contracts Limited
7.5% - Industry AVG
Employees
with 241 employees, this is above the industry average (6)
241 - Palatine Contracts Limited
6 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Palatine Contracts Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £277.7k, this is equally as efficient (£278.4k)
£277.7k - Palatine Contracts Limited
£278.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Palatine Contracts Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (31 days)
8 days - Palatine Contracts Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 71 days, this is less than average (192 days)
71 days - Palatine Contracts Limited
192 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 8 weeks, this is less cash available to meet short term requirements (11 weeks)
8 weeks - Palatine Contracts Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.9%, this is a higher level of debt than the average (73.8%)
95.9% - Palatine Contracts Limited
73.8% - Industry AVG
PALATINE CONTRACTS LIMITED financials
EXPORT
Palatine Contracts Limited's latest turnover from March 2024 is £66.9 million and the company has net assets of £778 thousand. According to their latest financial statements, we estimate that Palatine Contracts Limited has 241 employees and maintains cash reserves of £2.9 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
66,924,000
73,382,000
52,530,000
35,945,000
29,240,000
15,957,000
33,056,000
37,441,000
25,712,000
16,163,000
9,290,000
6,812,000
10,275,000
11,852,000
7,748,385
Other Income Or Grants
Cost Of Sales
49,366,859
54,397,867
39,665,196
27,158,141
21,367,587
11,454,318
23,285,100
25,922,360
17,892,024
11,353,033
6,515,537
4,777,593
7,233,473
8,416,939
5,530,088
Gross Profit
17,557,141
18,984,133
12,864,804
8,786,859
7,872,413
4,502,682
9,770,900
11,518,640
7,819,976
4,809,967
2,774,463
2,034,407
3,041,527
3,435,061
2,218,297
Admin Expenses
16,907,141
18,271,133
12,354,804
8,435,859
7,587,413
4,350,682
9,441,900
11,187,640
7,568,976
4,798,967
2,769,463
2,031,808
3,040,527
3,434,061
2,218,297
Operating Profit
650,000
713,000
510,000
351,000
285,000
152,000
329,000
331,000
251,000
11,000
5,000
2,599
1,000
1,000
Interest Payable
5,000
16
Interest Receivable
77,000
10,000
1,000
3,000
3,000
2,000
2,000
1,000
3,000
11
Pre-Tax Profit
727,000
723,000
510,000
352,000
288,000
155,000
329,000
333,000
248,000
6,000
5,000
3,000
4,000
1,000
-5
Tax
63,000
4,000
-59,000
-49,000
-1,000
-1,000
-1,000
-1,000
Profit After Tax
727,000
723,000
510,000
352,000
288,000
218,000
333,000
274,000
199,000
5,000
4,000
2,000
3,000
1,000
-5
Dividends Paid
Retained Profit
26,000
227,000
94,000
352,000
288,000
218,000
333,000
274,000
199,000
5,000
4,000
2,000
3,000
1,000
-5
Employee Costs
4,819,712
1,180,205
Number Of Employees
241
271
195
143
111
61
123
146
92
55
34
26
43
55
35
EBITDA*
650,000
713,000
510,000
351,000
285,000
152,000
329,000
331,000
251,000
11,000
5,000
2,599
1,000
1,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
9,702,000
3,305,000
Trade Debtors
1,000
49,000
Group Debtors
6,200,000
9,507,000
6,789,000
5,608,000
4,406,000
2,658,000
1,918,000
5,872,000
1,165,000
2,437,000
Misc Debtors
56,000
545,000
10,000
16,000
30,000
3,000
3,000
9,000
2,635,000
47,000
54,000
1,065,000
78,000
318,453
Cash
2,896,000
2,808,000
452,000
1,120,000
789,000
1,222,000
1,848,000
757,000
160,000
28,000
7,000
6,000
979,000
56,439
misc current assets
total current assets
18,854,000
16,166,000
7,251,000
6,744,000
5,225,000
3,883,000
3,769,000
6,638,000
3,960,000
2,533,000
28,000
61,000
1,071,000
1,057,000
374,892
total assets
18,854,000
16,166,000
7,251,000
6,744,000
5,225,000
3,883,000
3,769,000
6,638,000
3,960,000
2,533,000
28,000
61,000
1,071,000
1,057,000
374,892
Bank overdraft
54,000
Bank loan
Trade Creditors
1,102,000
1,273,000
525,000
441,000
1,493,000
361,000
17,000
81,000
1,000
1,000
1,066,000
994,000
312,527
Group/Directors Accounts
9,573,000
3,703,000
71,000
2,460,000
15,000
52,000
62,000
62,369
other short term finances
hp & lease commitments
other current liabilities
7,401,000
10,438,000
6,201,000
5,872,000
3,378,000
3,662,000
3,075,000
6,256,000
3,663,000
1,000
1,000
1,000
total current liabilities
18,076,000
15,414,000
6,726,000
6,313,000
4,871,000
3,662,000
3,436,000
6,344,000
3,744,000
2,516,000
16,000
53,000
1,067,000
1,056,000
374,896
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
18,076,000
15,414,000
6,726,000
6,313,000
4,871,000
3,662,000
3,436,000
6,344,000
3,744,000
2,516,000
16,000
53,000
1,067,000
1,056,000
374,896
net assets
778,000
752,000
525,000
431,000
354,000
221,000
333,000
294,000
216,000
17,000
12,000
8,000
4,000
1,000
-4
total shareholders funds
778,000
752,000
525,000
431,000
354,000
221,000
333,000
294,000
216,000
17,000
12,000
8,000
4,000
1,000
-4
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
650,000
713,000
510,000
351,000
285,000
152,000
329,000
331,000
251,000
11,000
5,000
2,599
1,000
1,000
Depreciation
Amortisation
Tax
63,000
4,000
-59,000
-49,000
-1,000
-1,000
-1,000
-1,000
Stock
6,397,000
3,305,000
Debtors
-3,797,000
3,254,000
1,175,000
1,188,000
1,775,000
740,000
-3,960,000
2,081,000
1,267,000
2,533,000
-54,000
-1,011,000
987,000
-240,453
318,453
Creditors
-171,000
748,000
84,000
-1,052,000
1,493,000
-361,000
344,000
-64,000
80,000
1,000
-1,066,000
72,000
681,473
312,527
Accruals and Deferred Income
-3,037,000
4,237,000
329,000
2,494,000
-284,000
587,000
-3,181,000
2,593,000
3,662,000
1,000
-1,000
1,000
Deferred Taxes & Provisions
Cash flow from operations
-5,158,000
-861,000
-252,000
605,000
-281,000
-299,000
1,456,000
720,000
2,677,000
-2,522,000
58,000
-53,401
-914,000
922,926
-5,926
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
5,870,000
3,703,000
-71,000
71,000
-2,460,000
2,445,000
-37,000
52,000
-62,000
-369
62,369
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-275,000
-155,000
-330,000
-294,000
-196,000
2,000
4
1
interest
77,000
10,000
1,000
3,000
3,000
2,000
-3,000
1,000
3,000
-5
cash flow from financing
5,947,000
3,713,000
-274,000
-152,000
-327,000
-365,000
-123,000
-2,463,000
2,446,000
-37,000
54,000
-59,000
-365
62,365
cash and cash equivalents
cash
88,000
2,356,000
-668,000
331,000
-433,000
-626,000
1,091,000
597,000
160,000
-28,000
21,000
1,000
-973,000
922,561
56,439
overdraft
-54,000
54,000
change in cash
88,000
2,356,000
-668,000
331,000
-433,000
-626,000
1,091,000
597,000
214,000
-82,000
21,000
1,000
-973,000
922,561
56,439
palatine contracts 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 palatine contracts limited. Get real-time insights into palatine contracts limited's credit score, group structure and payment trends.
Perform a competitor analysis for palatine contracts limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in OL6 area or any other competitors across 12 key performance metrics.
palatine contracts limited Ownership
PALATINE CONTRACTS LIMITED group structure
Palatine Contracts Limited has no subsidiary companies.
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 palatine contracts limited. Currently there are 1 open charges and 1 have been satisfied in the past.
palatine contracts 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.
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palatine contracts limitedCompanies House Filings - See Documents
