parmenides solutions limited

Live MatureMicroDeclining

parmenides solutions limited Company Information

Share PARMENIDES SOLUTIONS LIMITED

Company Number

04486174

Shareholders

david routledge

johnathan routledge

Group Structure

View All

Industry

Computer consultancy activities

 +2

Registered Address

house no 2 parkhall road, stoke-on-trent, ST3 5XA

Website

-

parmenides solutions limited Estimated Valuation

£17.6k

Pomanda estimates the enterprise value of PARMENIDES SOLUTIONS LIMITED at £17.6k based on a Turnover of £34k and 0.52x industry multiple (adjusted for size and gross margin).

parmenides solutions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PARMENIDES SOLUTIONS LIMITED at £0 based on an EBITDA of £-3.2k and a 3.33x industry multiple (adjusted for size and gross margin).

parmenides solutions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PARMENIDES SOLUTIONS LIMITED at £0 based on Net Assets of £-2.3k and 2.89x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Parmenides Solutions Limited Overview

Parmenides Solutions Limited is a live company located in stoke-on-trent, ST3 5XA with a Companies House number of 04486174. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in July 2002, it's largest shareholder is david routledge with a 50% stake. Parmenides Solutions Limited is a mature, micro sized company, Pomanda has estimated its turnover at £34k with declining growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Parmenides Solutions Limited Health Check

Pomanda's financial health check has awarded Parmenides Solutions Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £34k, make it smaller than the average company (£548.1k)

£34k - Parmenides Solutions Limited

£548.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (9.1%)

-3% - Parmenides Solutions Limited

9.1% - Industry AVG

production

Production

with a gross margin of 38.4%, this company has a higher cost of product (68.6%)

38.4% - Parmenides Solutions Limited

68.6% - Industry AVG

profitability

Profitability

an operating margin of -9.4% make it less profitable than the average company (7.4%)

-9.4% - Parmenides Solutions Limited

7.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (5)

1 - Parmenides Solutions Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.6k, the company has an equivalent pay structure (£38.6k)

£38.6k - Parmenides Solutions Limited

£38.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £34k, this is less efficient (£88.5k)

£34k - Parmenides Solutions Limited

£88.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Parmenides Solutions Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 39 days, this is slower than average (22 days)

39 days - Parmenides Solutions Limited

22 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Parmenides Solutions Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Parmenides Solutions Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Parmenides Solutions Limited

- - Industry AVG

PARMENIDES SOLUTIONS LIMITED financials

EXPORTms excel logo

Parmenides Solutions Limited's latest turnover from July 2024 is estimated at £34 thousand and the company has net assets of -£2.3 thousand. According to their latest financial statements, Parmenides Solutions Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Turnover33,95951,54050,08437,05220,36325,3183
Other Income Or Grants
Cost Of Sales20,92531,37830,43220,78510,61712,3961
Gross Profit13,03420,16219,65116,2679,74612,9221
Admin Expenses16,24120,39219,42616,82617,7371,166449-157-419
Operating Profit-3,207-230225-559-7,99111,7561-449157419
Interest Payable
Interest Receivable11
Pre-Tax Profit-3,207-230225-559-7,99111,7561-448158419
Tax-43-2,234-33-96
Profit After Tax-3,207-230182-559-7,9919,5221-448125323
Dividends Paid
Retained Profit-3,207-230182-559-7,9919,5221-448125323
Employee Costs38,62435,84234,14962,61429,58532,89735,435
Number Of Employees1112111
EBITDA*-3,207-230225-559-7,99111,7561-449157419

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Tangible Assets150150
Intangible Assets
Investments & Other9251,155
Debtors (Due After 1 year)
Total Fixed Assets9251,155150150
Stock & work in progress
Trade Debtors9731,5329,5231
Group Debtors
Misc Debtors
Cash300175
misc current assets
total current assets9731,5329,5231300175
total assets9251,1559731,5329,5231450325
Bank overdraft
Bank loan
Trade Creditors 2,282
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities2,282
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities2,282
net assets-2,2829251,1559731,5329,5231450325
total shareholders funds-2,2829251,1559731,5329,5231450325
Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Operating Activities
Operating Profit-3,207-230225-559-7,99111,7561-449157419
Depreciation
Amortisation
Tax-43-2,234-33-96
Stock
Debtors-973-559-7,9919,5221
Creditors2,282
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-925-2301,155-449124323
Investing Activities
capital expenditure150-150
Change in Investments-925-2301,155
cash flow from investments925230-1,155150-150
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-22
interest11
cash flow from financing-112
cash and cash equivalents
cash-300125175
overdraft
change in cash-300125175

parmenides solutions 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 parmenides solutions limited. Get real-time insights into parmenides solutions limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Parmenides Solutions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for parmenides solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in ST3 area or any other competitors across 12 key performance metrics.

parmenides solutions limited Ownership

PARMENIDES SOLUTIONS LIMITED group structure

Parmenides Solutions Limited has no subsidiary companies.

Ultimate parent company

PARMENIDES SOLUTIONS LIMITED

04486174

PARMENIDES SOLUTIONS LIMITED Shareholders

david routledge 50%
johnathan routledge 50%

parmenides solutions limited directors

Parmenides Solutions Limited currently has 1 director, Mr David Routledge serving since Jul 2002.

officercountryagestartendrole
Mr David RoutledgeEngland55 years Jul 2002- Director

P&L

July 2024

turnover

34k

-34%

operating profit

-3.2k

0%

gross margin

38.4%

-1.88%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

July 2024

net assets

-2.3k

-3.47%

total assets

0

-1%

cash

0

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

parmenides solutions limited company details

company number

04486174

Type

Private limited with Share Capital

industry

69202 - Bookkeeping activities

62020 - Computer consultancy activities

69201 - Accounting, and auditing activities

incorporation date

July 2002

age

23

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

July 2024

previous names

modulhaus limited (December 2017)

parmenides solutions limited (October 2015)

accountant

-

auditor

-

address

house no 2 parkhall road, stoke-on-trent, ST3 5XA

Bank

-

Legal Advisor

-

parmenides solutions 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 parmenides solutions limited.

parmenides solutions 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 PARMENIDES SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.

parmenides solutions limited Companies House Filings - See Documents

datedescriptionview/download