Pomanda estimates the enterprise value of PIQED LIMITED at £342.5k based on a Turnover of £1.2m and 0.29x industry multiple (adjusted for size and gross margin).
piqed limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of PIQED LIMITED at £0 based on an EBITDA of £-55.9k and a 3.34x industry multiple (adjusted for size and gross margin).
piqed limitedEstimated Valuation
£666.7k
Pomanda estimates the enterprise value of PIQED LIMITED at £666.7k based on Net Assets of £385.8k and 1.73x industry multiple (adjusted for liquidity).
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Piqed LimitedOverview
Piqed Limited is a live company located in london, W1K 6WE with a Companies House number of 04061891. It operates in the wholesale of petroleum and petroleum products sector, SIC Code 46711. Founded in August 2000, it's largest shareholder is
sonia jacqueline cutting
with a 90% stake. Piqed Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.2m with
declining
growth in recent years.
Pomanda's financial health check has awarded Piqed Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£64.7m)
£1.2m - Piqed Limited
£64.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (12.4%)
-13% - Piqed Limited
12.4% - Industry AVG
Production
with a gross margin of 6.3%, this company has a comparable cost of product (6.3%)
6.3% - Piqed Limited
6.3% - Industry AVG
Profitability
an operating margin of -4.7% make it less profitable than the average company (1.3%)
-4.7% - Piqed Limited
1.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (25)
2 - Piqed Limited
25 - Industry AVG
Pay Structure
on an average salary of £53k, the company has an equivalent pay structure (£53k)
£53k - Piqed Limited
£53k - Industry AVG
Efficiency
resulting in sales per employee of £597.5k, this is less efficient (£1.7m)
£597.5k - Piqed Limited
£1.7m - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Piqed Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (24 days)
0 days - Piqed Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Piqed Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1832 weeks, this is more cash available to meet short term requirements (11 weeks)
1832 weeks - Piqed Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.8%, this is a lower level of debt than the average (70.6%)
2.8% - Piqed Limited
70.6% - Industry AVG
PIQED LIMITED financials
EXPORT
Piqed Limited's latest turnover from September 2024 is estimated at £1.2 million and the company has net assets of £385.8 thousand. According to their latest financial statements, Piqed Limited has 2 employees and maintains cash reserves of £397.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2024
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
1,195,031
6,019,552
3,715,703
1,815,390
1,341,148
4,552,366
1,100,264
1,404,308
2,655,537
1,143,734
2,911,290
415,048
275,818
150,625
115,445
Other Income Or Grants
Cost Of Sales
1,119,898
5,668,781
3,503,931
1,721,660
1,262,124
4,324,395
1,050,874
1,337,450
2,521,277
1,093,862
2,795,564
398,898
264,870
143,582
109,588
Gross Profit
75,133
350,771
211,772
93,730
79,024
227,971
49,390
66,858
134,260
49,872
115,726
16,149
10,949
7,043
5,857
Admin Expenses
131,724
388,148
231,838
77,723
61,196
183,930
24,029
19,674
79,783
38,549
72,489
-10,633
-18,643
-48,167
-1,931
-186,059
Operating Profit
-56,591
-37,377
-20,066
16,007
17,828
44,041
25,361
47,184
54,477
11,323
43,237
26,782
29,592
55,210
7,788
186,059
Interest Payable
Interest Receivable
18,290
20,458
15,227
1,061
432
3,155
2,600
1,599
830
1,547
1,427
1,240
1,117
1,048
819
320
Pre-Tax Profit
-38,301
-16,919
-4,839
17,068
18,260
47,196
27,960
48,783
55,306
12,870
44,665
28,022
30,709
56,258
8,607
186,379
Tax
-3,243
-3,469
-8,967
-5,312
-9,269
-11,061
-2,574
-9,380
-6,445
-7,370
-14,627
-2,410
-52,186
Profit After Tax
-38,301
-16,919
-4,839
13,825
14,791
38,229
22,648
39,514
44,245
10,296
35,285
21,577
23,339
41,631
6,197
134,193
Dividends Paid
Retained Profit
-38,301
-16,919
-4,839
13,825
14,791
38,229
22,648
39,514
44,245
10,296
35,285
21,577
23,339
41,631
6,197
134,193
Employee Costs
105,922
115,107
112,704
113,409
104,363
99,633
95,491
76,819
82,048
38,544
82,461
39,416
36,111
36,111
35,155
Number Of Employees
2
2
2
2
2
2
2
2
2
1
2
1
1
1
1
EBITDA*
-55,881
-35,954
-18,240
18,186
20,444
47,349
30,062
50,570
56,360
13,357
45,782
29,784
33,821
57,040
8,256
186,561
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2024
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
3,546
4,969
6,806
8,502
9,815
13,143
17,844
4,412
6,295
7,829
9,750
12,375
16,205
1,166
1,245
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,546
4,969
6,806
8,502
9,815
13,143
17,844
4,412
6,295
7,829
9,750
12,375
16,205
1,166
1,245
Stock & work in progress
Trade Debtors
191,468
110,820
73,861
323,701
20,913
99,768
181,615
80,526
185,031
7,889
25,563
6,491
1,286
63,741
Group Debtors
Misc Debtors
94,620
371
467
644
728
848
1,017
422
565
Cash
397,080
334,521
444,837
425,262
423,529
440,570
400,876
292,425
347,220
316,542
302,077
268,907
227,106
219,743
199,433
127,990
misc current assets
total current assets
397,080
429,141
636,676
536,549
498,034
764,999
422,637
393,210
529,257
397,633
487,108
276,796
252,669
226,234
200,719
191,731
total assets
397,080
432,687
641,645
543,355
506,536
774,814
435,780
411,054
533,669
403,928
494,937
286,546
265,044
242,439
201,885
192,976
Bank overdraft
Bank loan
Trade Creditors
1,440
177,771
65,671
34,545
316,290
19,779
19,035
174,029
73,192
232,615
59,509
17,752
18,917
19,188
58,683
Group/Directors Accounts
41,832
41,401
42,207
other short term finances
hp & lease commitments
other current liabilities
9,829
7,875
21,943
30,514
39,946
41,270
36,976
35,642
42,777
58,118
total current liabilities
11,269
7,875
199,714
96,185
74,491
357,560
56,755
54,677
216,806
131,310
232,615
59,509
59,584
60,318
61,395
58,683
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
700
900
1,300
total long term liabilities
700
900
1,300
total liabilities
11,269
8,575
200,614
97,485
74,491
357,560
56,755
54,677
216,806
131,310
232,615
59,509
59,584
60,318
61,395
58,683
net assets
385,811
424,112
441,031
445,870
432,045
417,254
379,025
356,377
316,863
272,618
262,322
227,037
205,460
182,121
140,490
134,293
total shareholders funds
385,811
424,112
441,031
445,870
432,045
417,254
379,025
356,377
316,863
272,618
262,322
227,037
205,460
182,121
140,490
134,293
Sep 2024
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
-56,591
-37,377
-20,066
16,007
17,828
44,041
25,361
47,184
54,477
11,323
43,237
26,782
29,592
55,210
7,788
186,059
Depreciation
710
1,423
1,826
2,179
2,616
3,308
4,701
3,386
1,883
2,034
2,545
3,002
4,229
1,830
468
502
Amortisation
Tax
-3,243
-3,469
-8,967
-5,312
-9,269
-11,061
-2,574
-9,380
-6,445
-7,370
-14,627
-2,410
-52,186
Stock
Debtors
-94,620
-97,219
80,552
36,782
-249,924
302,668
-79,024
-81,252
100,946
-103,940
177,142
-17,674
19,072
5,205
-62,455
63,741
Creditors
1,440
-177,771
112,100
31,126
-281,745
296,511
744
-154,994
100,837
-159,423
173,106
41,757
-1,165
-271
-39,495
58,683
Accruals and Deferred Income
1,954
-14,068
-8,571
-9,432
-1,324
4,294
1,334
-7,135
-15,341
58,118
Deferred Taxes & Provisions
-700
-200
-400
1,300
Cash flow from operations
41,433
-130,774
4,337
1,155
-16,170
36,519
105,852
-39,576
29,849
13,418
32,366
82,770
6,214
36,937
28,806
129,317
Investing Activities
capital expenditure
2,836
11
-483
-1,303
20
-16,818
-500
-624
-377
-399
-16,869
-389
-1,747
Change in Investments
cash flow from investments
2,836
11
-483
-1,303
20
-16,818
-500
-624
-377
-399
-16,869
-389
-1,747
Financing Activities
Bank loans
Group/Directors Accounts
-41,832
431
-806
42,207
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
18,290
20,458
15,227
1,061
432
3,155
2,600
1,599
830
1,547
1,427
1,240
1,117
1,048
819
320
cash flow from financing
18,290
20,458
15,227
1,061
432
3,155
2,600
1,599
830
1,547
1,427
-40,592
1,548
242
43,026
420
cash and cash equivalents
cash
62,559
-110,316
19,575
1,733
-17,041
39,694
108,451
-54,795
30,678
14,465
33,170
41,801
7,363
20,310
71,443
127,990
overdraft
change in cash
62,559
-110,316
19,575
1,733
-17,041
39,694
108,451
-54,795
30,678
14,465
33,170
41,801
7,363
20,310
71,443
127,990
piqed 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 piqed limited. Get real-time insights into piqed limited's credit score, group structure and payment trends.
Perform a competitor analysis for piqed limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in W1K area or any other competitors across 12 key performance metrics.
piqed limited Ownership
PIQED LIMITED group structure
Piqed Limited has no subsidiary companies.
Ultimate parent company
PIQED LIMITED
04061891
PIQED LIMITED Shareholders
The largest shareholders in Piqed Limited include Sonia Jacqueline Cutting and Michael Peter Cutting.
sonia jacqueline cutting
90%
michael peter cutting
10%
piqed limited directors
Piqed Limited currently has 2 directors.
The longest serving directors include
Mr Michael Cutting (Jan 2001) and
Ms Sonia Cutting (Jan 2001).
46711 - Wholesale of petroleum and petroleum products
incorporation date
August 2000
age
25
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
September 2024
previous names
N/A
accountant
FISHER MICHAEL
auditor
-
address
20 north audley street mayfair, london, W1K 6WE
Bank
-
Legal Advisor
-
piqed 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 did not find charges/mortgages relating to piqed limited.
piqed 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 PIQED LIMITED. This can take several minutes, an email will notify you when this has completed.
piqed limitedCompanies House Filings - See Documents
