palmer associates (uk) limited
palmer associates (uk) limited Company Information
Company Number
04220214
Website
palmerassociates.co.ukRegistered Address
20 wenlock road, london, N1 7GU
Industry
Management consultancy activities (other than financial management)
Telephone
01159003177
Next Accounts Due
July 2025
Group Structure
View All
Directors
Bovell Palmer22 Years
Shareholders
bovell palmer 100%
palmer associates (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of PALMER ASSOCIATES (UK) LIMITED at £18.8k based on a Turnover of £40.4k and 0.46x industry multiple (adjusted for size and gross margin).
palmer associates (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of PALMER ASSOCIATES (UK) LIMITED at £5.5k based on an EBITDA of £1.6k and a 3.31x industry multiple (adjusted for size and gross margin).
palmer associates (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of PALMER ASSOCIATES (UK) LIMITED at £0 based on Net Assets of £-11k and 2.67x industry multiple (adjusted for liquidity).
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Palmer Associates (uk) Limited Overview
Palmer Associates (uk) Limited is a live company located in london, N1 7GU with a Companies House number of 04220214. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in May 2001, it's largest shareholder is bovell palmer with a 100% stake. Palmer Associates (uk) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £40.4k with declining growth in recent years.
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Palmer Associates (uk) Limited Health Check
Pomanda's financial health check has awarded Palmer Associates (Uk) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £40.4k, make it smaller than the average company (£278.5k)
- Palmer Associates (uk) Limited
£278.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (7.5%)
- Palmer Associates (uk) Limited
7.5% - Industry AVG
Production
with a gross margin of 25.8%, this company has a higher cost of product (55.7%)
- Palmer Associates (uk) Limited
55.7% - Industry AVG
Profitability
an operating margin of 4.1% make it less profitable than the average company (8.4%)
- Palmer Associates (uk) Limited
8.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Palmer Associates (uk) Limited
4 - Industry AVG
Pay Structure
on an average salary of £42.2k, the company has an equivalent pay structure (£42.2k)
- Palmer Associates (uk) Limited
£42.2k - Industry AVG
Efficiency
resulting in sales per employee of £20.2k, this is less efficient (£109.7k)
- Palmer Associates (uk) Limited
£109.7k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (71 days)
- Palmer Associates (uk) Limited
71 days - Industry AVG
Creditor Days
its suppliers are paid after 142 days, this is slower than average (27 days)
- Palmer Associates (uk) Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Palmer Associates (uk) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Palmer Associates (uk) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1779%, this is a higher level of debt than the average (55.5%)
1779% - Palmer Associates (uk) Limited
55.5% - Industry AVG
PALMER ASSOCIATES (UK) LIMITED financials
Palmer Associates (Uk) Limited's latest turnover from October 2023 is estimated at £40.4 thousand and the company has net assets of -£11 thousand. According to their latest financial statements, Palmer Associates (Uk) Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 41,622 | 27,070 | 27,148 | 28,860 | |||||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | |||||||||||
| Cost Of Sales | 13,152 | 18,855 | 8,376 | 3,700 | |||||||||||
| Gross Profit | 28,470 | 8,215 | 18,772 | 25,160 | |||||||||||
| Admin Expenses | 15,382 | 17,183 | 19,274 | 34,430 | |||||||||||
| Operating Profit | 13,088 | -8,968 | -502 | -9,270 | |||||||||||
| Interest Payable | 593 | 363 | 0 | 547 | |||||||||||
| Interest Receivable | 0 | 0 | 3 | 342 | |||||||||||
| Pre-Tax Profit | 12,495 | -9,331 | -499 | -9,206 | |||||||||||
| Tax | -1,682 | 0 | -75 | 1,244 | |||||||||||
| Profit After Tax | 10,813 | -9,331 | -574 | -7,962 | |||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | |||||||||||
| Retained Profit | 10,813 | -9,331 | -574 | -7,962 | |||||||||||
| Employee Costs | 620 | 2,393 | 7,173 | 15,548 | |||||||||||
| Number Of Employees | 2 | 2 | 2 | 3 | 3 | ||||||||||
| EBITDA* | 13,162 | -8,870 | -339 | -9,227 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 336 | 673 | 0 | 0 | 0 | 0 | 243 | 485 | 165 | 220 | 294 | 489 | 130 |
| Intangible Assets | 0 | 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 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 336 | 673 | 0 | 0 | 0 | 0 | 243 | 485 | 165 | 220 | 294 | 489 | 130 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 656 | 0 | 16,892 | 4,092 | 11,865 | 4,061 | 508 | 1,992 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 1,500 | 0 | 0 | 0 | 0 | 0 | 0 | 2,166 | 4,134 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 214 | 181 | 695 | 0 | 1 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 656 | 0 | 16,892 | 4,092 | 11,865 | 4,061 | 2,008 | 2,206 | 181 | 695 | 0 | 1 | 0 | 2,166 | 4,134 |
| total assets | 656 | 0 | 17,228 | 4,765 | 11,865 | 4,061 | 2,008 | 2,206 | 424 | 1,180 | 165 | 221 | 294 | 2,655 | 4,264 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 217 | 5,746 | 5,844 | 6,197 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 11,670 | 10,673 | 18,693 | 3,196 | 12,060 | 12,790 | 12,265 | 10,413 | 5,763 | 4,055 | 8,178 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 0 | 1,576 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 8 | 0 | 2,404 | 7,761 | 693 | 1,375 |
| total current liabilities | 11,670 | 12,249 | 18,693 | 3,196 | 12,060 | 12,790 | 12,265 | 10,413 | 5,771 | 4,063 | 8,178 | 2,621 | 13,507 | 6,537 | 7,572 |
| loans | 0 | 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 | 0 |
| Accruals and Deferred Income | 0 | 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 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 11,670 | 12,249 | 18,693 | 3,196 | 12,060 | 12,790 | 12,265 | 10,413 | 5,771 | 4,063 | 8,178 | 2,621 | 13,507 | 6,537 | 7,572 |
| net assets | -11,014 | -12,249 | -1,465 | 1,569 | -195 | -8,729 | -10,257 | -8,207 | -5,347 | -2,883 | -8,013 | -2,400 | -13,213 | -3,882 | -3,308 |
| total shareholders funds | -11,014 | -12,249 | -1,465 | 1,569 | -195 | -8,729 | -10,257 | -8,207 | -5,347 | -2,883 | -8,013 | -2,400 | -13,213 | -3,882 | -3,308 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 13,088 | -8,968 | -502 | -9,270 | |||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 243 | 242 | 243 | 55 | 74 | 98 | 163 | 43 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | -1,682 | 0 | -75 | 1,244 | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 656 | -16,892 | 12,800 | -7,773 | 7,804 | 2,053 | 16 | 1,992 | 0 | 0 | 0 | 0 | -2,166 | -1,968 | 4,134 |
| Creditors | 997 | -8,020 | 15,497 | -8,864 | -730 | 525 | 1,852 | 4,650 | 1,708 | -4,123 | 8,178 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -1,576 | 1,576 | 0 | 0 | 0 | 0 | 0 | -8 | 0 | 8 | -2,404 | -5,357 | 7,068 | -682 | 1,375 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 6,123 | 364 | 872 | -10,742 | |||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 |
| Hire Purchase and Lease Commitments | 0 | 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 | 0 |
| share issue | |||||||||||||||
| interest | -593 | -363 | 3 | -205 | |||||||||||
| cash flow from financing | -593 | -363 | 3 | 4,449 | |||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -214 | 33 | -514 | 695 | -1 | 1 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -217 | -5,529 | -98 | -353 | 6,197 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -214 | 33 | -514 | 695 | 216 | 5,530 | 98 | 353 | -6,197 |
palmer associates (uk) limited Credit Report and Business Information
Palmer Associates (uk) Limited Competitor Analysis
Perform a competitor analysis for palmer associates (uk) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in N 1 area or any other competitors across 12 key performance metrics.
palmer associates (uk) limited Ownership
PALMER ASSOCIATES (UK) LIMITED group structure
Palmer Associates (Uk) Limited has no subsidiary companies.
Ultimate parent company
PALMER ASSOCIATES (UK) LIMITED
04220214
palmer associates (uk) limited directors
Palmer Associates (Uk) Limited currently has 1 director, Mr Bovell Palmer serving since Dec 2001.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bovell Palmer | England | 65 years | Dec 2001 | - | Director |
P&L
October 2023turnover
40.4k
-49%
operating profit
1.6k
0%
gross margin
25.9%
+3.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-11k
-0.1%
total assets
656
0%
cash
0
0%
net assets
Total assets minus all liabilities
palmer associates (uk) limited company details
company number
04220214
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
May 2001
age
23
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
on-line i.t. services limited (June 2004)
accountant
STR8 4WARD ACCOUNTING LIMITED
auditor
-
address
20 wenlock road, london, N1 7GU
Bank
-
Legal Advisor
-
palmer associates (uk) 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 palmer associates (uk) limited.
palmer associates (uk) limited Companies House Filings - See Documents
| date | description | view/download |
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