proman managed services limited
proman managed services limited Company Information
Company Number
04163986
Website
www.headseng.co.ukRegistered Address
building 2 think park, mosley road, manchester, M17 1FQ
Industry
Temporary employment agency activities
Telephone
01617468811
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
proman expansion s.a. 100%
proman managed services limited Estimated Valuation
The estimated valuation range for proman managed services limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £499.7k to £4.9m
proman managed services limited Estimated Valuation
The estimated valuation range for proman managed services limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £499.7k to £4.9m
proman managed services limited Estimated Valuation
The estimated valuation range for proman managed services limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £499.7k to £4.9m
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Proman Managed Services Limited Overview
Proman Managed Services Limited is a live company located in manchester, M17 1FQ with a Companies House number of 04163986. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in February 2001, it's largest shareholder is proman expansion s.a. with a 100% stake. Proman Managed Services Limited is a mature, large sized company, Pomanda has estimated its turnover at £27.2m with rapid growth in recent years.
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Proman Managed Services Limited Health Check
Pomanda's financial health check has awarded Proman Managed Services Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £27.2m, make it larger than the average company (£13.3m)
£27.2m - Proman Managed Services Limited
£13.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 63%, show it is growing at a faster rate (1.1%)
63% - Proman Managed Services Limited
1.1% - Industry AVG
Production
with a gross margin of 6.3%, this company has a higher cost of product (17.7%)
6.3% - Proman Managed Services Limited
17.7% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (2.7%)
0.5% - Proman Managed Services Limited
2.7% - Industry AVG
Employees
with 100 employees, this is above the industry average (50)
- Proman Managed Services Limited
50 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Proman Managed Services Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £272.4k, this is equally as efficient (£273.1k)
- Proman Managed Services Limited
£273.1k - Industry AVG
Debtor Days
it gets paid by customers after 111 days, this is later than average (49 days)
111 days - Proman Managed Services Limited
49 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Proman Managed Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Proman Managed Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (6 weeks)
1 weeks - Proman Managed Services Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.7%, this is a similar level of debt than the average (75.3%)
80.7% - Proman Managed Services Limited
75.3% - Industry AVG
proman managed services limited Credit Report and Business Information
Proman Managed Services Limited Competitor Analysis
Perform a competitor analysis for proman managed services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
proman managed services limited Ownership
PROMAN MANAGED SERVICES LIMITED group structure
Proman Managed Services Limited has no subsidiary companies.
Ultimate parent company
PROMAN EXPANSION S.A.
#0068241
1 parent
PROMAN MANAGED SERVICES LIMITED
04163986
proman managed services limited directors
Proman Managed Services Limited 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 | 56 years | Jul 2015 | - | Director |
| Mr Roland Gomez | England | 74 years | Jul 2015 | - | Director |
| Mr Roland Gomez | England | 51 years | Jul 2015 | - | Director |
| Mr Matthew Holt | England | 51 years | Feb 2022 | - | Director |
| Mr Patrick Ramsdale | England | 44 years | Jun 2023 | - | Director |
| Ms Elizabeth Atkinson | England | 37 years | Jun 2023 | - | Director |
PROMAN MANAGED SERVICES LIMITED financials
Proman Managed Services Limited's latest turnover from December 2022 is £27.2 million and the company has net assets of £1.6 million. According to their latest financial statements, we estimate that Proman Managed Services Limited has 100 employees and maintains cash reserves of £185.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 27,235,988 | 21,734,065 | 6,286,293 | 9,789,813 | 6,915,792 | 10,145,044 | ||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 25,517,312 | 20,489,908 | 5,921,394 | 8,931,178 | 6,243,151 | 9,154,130 | ||||||||
| Gross Profit | 1,718,676 | 1,244,157 | 364,899 | 858,635 | 672,641 | 990,914 | ||||||||
| Admin Expenses | 1,580,834 | 1,067,550 | 379,828 | 735,303 | 594,576 | 787,711 | ||||||||
| Operating Profit | 137,842 | 176,607 | -14,929 | 123,332 | 78,065 | 203,203 | ||||||||
| Interest Payable | 0 | 168 | 1,611 | 4,933 | 2,394 | 4,663 | ||||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Pre-Tax Profit | 137,842 | 176,439 | -16,540 | 118,399 | 75,671 | 198,540 | ||||||||
| Tax | -13,793 | -32,259 | 1,381 | 1,891 | -15,248 | -40,074 | ||||||||
| Profit After Tax | 124,049 | 144,180 | -15,159 | 120,290 | 60,423 | 158,466 | ||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Retained Profit | 124,049 | 144,180 | -15,159 | 120,290 | 60,423 | 158,466 | ||||||||
| Employee Costs | 0 | 0 | 460,068 | 376,706 | 508,178 | |||||||||
| Number Of Employees | 3 | 6 | 8 | 10 | 11 | 11 | ||||||||
| EBITDA* | 138,713 | 177,738 | -12,446 | 125,860 | 79,979 | 204,991 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 985 | 1,406 | 2,537 | 3,767 | 6,250 | 24,362 | 6,577 | 9,105 | 9,568 | 4,644 | 3,768 | 5,047 | 3,739 | 6,321 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 985 | 1,406 | 2,537 | 3,767 | 6,250 | 24,362 | 6,577 | 9,105 | 9,568 | 4,644 | 3,768 | 5,047 | 3,739 | 6,321 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 8,303,105 | 8,973,469 | 322,007 | 1,800,029 | 1,626,158 | 1,898,094 | 2,394,051 | 1,758,279 | 1,984,295 | 1,258,758 | 1,532,100 | 1,556,823 | 1,787,212 | 1,619,763 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 54,676 | 7,017 | 1,168,971 | 1,960 | 139,685 | 2,101 | 84,546 | 3,754 | 11,099 | 0 | 0 | 0 | 0 | 0 |
| Cash | 185,271 | 48,787 | 4,507 | 11,910 | 39,768 | 11,048 | 13,209 | 11,791 | 8,701 | 12,164 | 5,483 | 353 | 13,163 | 2,797 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,543,052 | 9,029,273 | 1,495,485 | 1,813,899 | 1,805,611 | 1,911,243 | 2,491,806 | 1,773,824 | 2,004,095 | 1,270,922 | 1,537,583 | 1,557,176 | 1,800,375 | 1,622,560 |
| total assets | 8,544,037 | 9,030,679 | 1,498,022 | 1,817,666 | 1,811,861 | 1,935,605 | 2,498,383 | 1,782,929 | 2,013,663 | 1,275,566 | 1,541,351 | 1,562,223 | 1,804,114 | 1,628,881 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 767,898 | 367,508 | 581,289 | 35,878 | 428,952 | 540,904 | 605,857 | 551,390 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 5,354 | 6 | 102 | 45,632 | 227 | 4,889 | 287,683 | 367,794 | 400,156 | 703,315 | 647,771 |
| Group/Directors Accounts | 3,249,963 | 4,572,453 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 74,348 | 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 |
| other current liabilities | 3,646,031 | 2,934,232 | 118,208 | 297,326 | 280,661 | 402,258 | 367,950 | 218,581 | 317,014 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 6,895,994 | 7,506,685 | 118,208 | 302,680 | 280,667 | 476,708 | 1,181,480 | 586,316 | 903,192 | 323,561 | 796,746 | 941,060 | 1,309,172 | 1,199,161 |
| loans | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 0 | 0 | 0 | 0 | 1,049 | 1,696 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 1,049 | 1,696 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 6,895,994 | 7,506,685 | 118,208 | 302,680 | 281,716 | 478,404 | 1,181,480 | 586,316 | 903,192 | 323,561 | 796,746 | 941,060 | 1,309,172 | 1,199,161 |
| net assets | 1,648,043 | 1,523,994 | 1,379,814 | 1,514,986 | 1,530,145 | 1,457,201 | 1,316,903 | 1,196,613 | 1,110,471 | 952,005 | 744,605 | 621,163 | 494,942 | 429,720 |
| total shareholders funds | 1,648,043 | 1,523,994 | 1,379,814 | 1,514,986 | 1,530,145 | 1,457,201 | 1,316,903 | 1,196,613 | 1,110,471 | 952,005 | 744,605 | 621,163 | 494,942 | 429,720 |
| 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 | 137,842 | 176,607 | -14,929 | 123,332 | 78,065 | 203,203 | ||||||||
| Depreciation | 871 | 1,131 | 1,230 | 2,483 | 4,050 | 6,087 | 2,528 | 1,914 | 1,788 | 1,586 | 1,279 | 1,747 | 3,100 | 9,598 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -13,793 | -32,259 | 1,381 | 1,891 | -15,248 | -40,074 | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -622,705 | 7,489,508 | -311,011 | 36,146 | -134,352 | -578,402 | 716,564 | 503,275 | 736,636 | -273,342 | -24,723 | -230,389 | 167,449 | 1,619,763 |
| Creditors | 0 | 0 | -5,354 | 5,348 | -96 | -45,530 | 45,405 | -287,456 | -282,794 | -80,111 | -32,362 | -303,159 | 55,544 | 647,771 |
| Accruals and Deferred Income | 711,799 | 2,816,024 | -179,118 | 16,665 | -121,597 | 34,308 | 149,369 | 218,581 | 317,014 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -1,049 | -647 | 1,696 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,459,424 | -4,528,005 | -26,247 | -394,039 | -507,419 | -537,499 | ||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,322,490 | 4,572,453 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | -74,348 | 74,348 | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||||
| interest | 0 | -168 | -1,611 | -4,933 | -2,394 | -4,663 | ||||||||
| cash flow from financing | -1,322,490 | 4,572,285 | -1,611 | -4,933 | 181,791 | -4,663 | ||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 136,484 | 44,280 | -7,403 | -27,858 | 28,720 | -2,161 | 1,418 | -373 | -3,463 | 6,681 | 5,130 | -12,810 | 10,366 | 2,797 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -767,898 | 400,390 | 331,630 | 545,411 | -393,074 | -111,952 | -64,953 | 54,467 | 551,390 |
| change in cash | 136,484 | 44,280 | -7,403 | -27,858 | 28,720 | 765,737 | -398,972 | -332,003 | -548,874 | 399,755 | 117,082 | 52,143 | -44,101 | -548,593 |
P&L
December 2022turnover
27.2m
+25%
operating profit
137.8k
-22%
gross margin
6.4%
+10.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.6m
+0.08%
total assets
8.5m
-0.05%
cash
185.3k
+2.8%
net assets
Total assets minus all liabilities
Similar Companies
proman managed services limited company details
company number
04163986
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
February 2001
age
23
accounts
Full Accounts
ultimate parent company
previous names
heads engineering limited (October 2021)
incorporated
UK
address
building 2 think park, mosley road, manchester, M17 1FQ
last accounts submitted
December 2022
proman managed services 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 4 charges/mortgages relating to proman managed services limited. Currently there are 3 open charges and 1 have been satisfied in the past.
proman managed services limited Companies House Filings - See Documents
| date | description | view/download |
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