pasab limited
pasab limited Company Information
Company Number
04791222
Registered Address
20 hatherton street, walsall, west midlands, WS4 2LA
Industry
Dispensing chemist in specialised stores
Telephone
01215265555
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
manjit singh jhooty 85.7%
santokh singh 14.3%
pasab limited Estimated Valuation
Pomanda estimates the enterprise value of PASAB LIMITED at £2.5m based on a Turnover of £7.4m and 0.33x industry multiple (adjusted for size and gross margin).
pasab limited Estimated Valuation
Pomanda estimates the enterprise value of PASAB LIMITED at £5.3m based on an EBITDA of £1m and a 5.25x industry multiple (adjusted for size and gross margin).
pasab limited Estimated Valuation
Pomanda estimates the enterprise value of PASAB LIMITED at £8.2m based on Net Assets of £3.3m and 2.46x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Pasab Limited Overview
Pasab Limited is a live company located in west midlands, WS4 2LA with a Companies House number of 04791222. It operates in the dispensing chemist in specialised stores sector, SIC Code 47730. Founded in June 2003, it's largest shareholder is manjit singh jhooty with a 85.7% stake. Pasab Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.4m with declining growth in recent years.
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Pasab Limited Health Check
Pomanda's financial health check has awarded Pasab Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
5 Weak
Size
annual sales of £7.4m, make it smaller than the average company (£12.6m)
£7.4m - Pasab Limited
£12.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (6.4%)
-25% - Pasab Limited
6.4% - Industry AVG
Production
with a gross margin of 30.9%, this company has a comparable cost of product (30.9%)
30.9% - Pasab Limited
30.9% - Industry AVG
Profitability
an operating margin of 9% make it more profitable than the average company (2.1%)
9% - Pasab Limited
2.1% - Industry AVG
Employees
with 73 employees, this is similar to the industry average (81)
73 - Pasab Limited
81 - Industry AVG
Pay Structure
on an average salary of £27.3k, the company has an equivalent pay structure (£23.4k)
£27.3k - Pasab Limited
£23.4k - Industry AVG
Efficiency
resulting in sales per employee of £101.7k, this is less efficient (£131.9k)
£101.7k - Pasab Limited
£131.9k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is later than average (30 days)
60 days - Pasab Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 103 days, this is slower than average (66 days)
103 days - Pasab Limited
66 days - Industry AVG
Stock Days
it holds stock equivalent to 22 days, this is less than average (31 days)
22 days - Pasab Limited
31 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
0 weeks - Pasab Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.9%, this is a similar level of debt than the average (61.7%)
59.9% - Pasab Limited
61.7% - Industry AVG
PASAB LIMITED financials
Pasab Limited's latest turnover from December 2023 is £7.4 million and the company has net assets of £3.3 million. According to their latest financial statements, Pasab Limited has 73 employees and maintains cash reserves of £21.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,426,859 | 7,762,315 | 7,966,145 | 17,647,297 | 13,028,250 | 16,952,502 | 15,822,174 | 14,627,924 | 13,883,773 | 13,585,041 | 13,646,598 | 13,226,561 | 13,559,760 | 13,161,852 | 13,485,963 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 5,130,049 | 4,819,629 | 5,179,961 | 13,477,591 | 8,999,656 | 12,382,969 | 11,440,856 | 9,994,105 | 9,572,535 | 9,272,016 | 9,297,411 | 8,684,005 | 9,062,354 | 8,915,931 | 9,098,752 |
| Gross Profit | 2,296,810 | 2,942,686 | 2,786,184 | 4,169,706 | 4,028,594 | 4,569,533 | 4,381,318 | 4,633,819 | 4,311,238 | 4,313,025 | 4,349,187 | 4,542,556 | 4,497,406 | 4,245,921 | 4,387,211 |
| Admin Expenses | 1,628,067 | 3,137,756 | 2,779,128 | 3,989,883 | 3,881,323 | 4,816,326 | 4,912,352 | 4,489,432 | 4,114,525 | 3,937,848 | 3,940,385 | 3,464,078 | 3,794,664 | 3,821,150 | 3,878,907 |
| Operating Profit | 668,743 | -195,070 | 7,056 | 179,823 | 147,271 | -246,793 | -531,034 | 144,387 | 196,713 | 375,177 | 408,802 | 1,078,478 | 702,742 | 424,771 | 508,304 |
| Interest Payable | 236,014 | 117,019 | 70,609 | 95,154 | 44,386 | 123,368 | 91,163 | 117,287 | 93,597 | 64,520 | 109,129 | 126,050 | 171,710 | 216,980 | 272,503 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19,331 | 0 | 8 | 4 | 6 | 257 |
| Pre-Tax Profit | 432,729 | -312,089 | -63,553 | 84,669 | 2,658,192 | -370,161 | -622,197 | 27,100 | 103,116 | 329,988 | 299,673 | 952,436 | 531,036 | 324,725 | 181,288 |
| Tax | -2,420 | 29,395 | -10,901 | -48,121 | -405,051 | 5,000 | 39,000 | -18,058 | -31,749 | -21,666 | -97,283 | -108,003 | -131,022 | -96,203 | -50,000 |
| Profit After Tax | 430,309 | -282,694 | -74,454 | 36,548 | 2,253,141 | -365,161 | -583,197 | 9,042 | 71,367 | 308,322 | 202,390 | 844,433 | 400,014 | 228,522 | 131,288 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 85,000 | 36,000 | 80,000 | 20,000 | 20,000 | 20,000 | 20,000 |
| Retained Profit | 430,309 | -282,694 | -74,454 | 36,548 | 2,253,141 | -365,161 | -583,197 | 9,042 | -13,633 | 272,322 | 122,390 | 824,433 | 380,014 | 208,522 | 111,288 |
| Employee Costs | 1,992,585 | 2,199,053 | 1,988,528 | 3,406,086 | 2,595,589 | 3,098,608 | 3,147,308 | 2,705,974 | 2,510,388 | 2,554,261 | 2,261,391 | 2,066,989 | 1,978,718 | 1,947,834 | 2,024,478 |
| Number Of Employees | 73 | 87 | 139 | 162 | 159 | 139 | 139 | 136 | 121 | 122 | 126 | 124 | 131 | ||
| EBITDA* | 1,003,634 | 159,903 | 366,442 | 693,707 | 558,447 | 328,648 | 51,978 | 709,838 | 663,999 | 800,931 | 824,697 | 1,574,359 | 1,133,967 | 869,687 | 972,483 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,259,290 | 3,358,296 | 3,544,819 | 3,663,608 | 3,794,016 | 4,003,501 | 4,212,972 | 4,359,686 | 3,968,385 | 924,133 | 930,707 | 1,013,425 | 1,168,981 | 1,663,857 | 1,910,342 |
| Intangible Assets | 458,963 | 681,689 | 914,375 | 1,071,580 | 1,346,176 | 2,700,226 | 2,983,528 | 2,791,495 | 3,051,795 | 2,691,971 | 3,229,246 | 3,151,071 | 3,380,625 | 3,255,276 | 3,752,265 |
| 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 | 3,718,253 | 4,039,985 | 4,459,194 | 4,735,188 | 5,140,192 | 6,703,727 | 7,196,500 | 7,151,181 | 7,020,180 | 3,616,104 | 4,159,953 | 4,164,496 | 4,549,606 | 4,919,133 | 5,662,607 |
| Stock & work in progress | 310,941 | 417,590 | 320,675 | 354,966 | 440,505 | 874,512 | 867,168 | 836,171 | 643,409 | 581,905 | 637,722 | 599,847 | 711,944 | 750,921 | 835,450 |
| Trade Debtors | 1,224,386 | 1,272,586 | 643,742 | 673,580 | 861,061 | 2,601,608 | 1,730,541 | 1,236,174 | 1,061,615 | 1,133,236 | 912,469 | 1,020,253 | 1,178,666 | 1,171,546 | 1,282,319 |
| Group Debtors | 2,554,245 | 2,364,287 | 871,164 | 253,969 | 421,256 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 498,625 | 728,486 | 513,208 | 1,574,122 | 1,107,429 | 1,194,154 | 652,355 | 503,964 | 519,641 | 258,091 | 449,741 | 400,026 | 597,352 | 391,016 | 438,279 |
| Cash | 21,195 | 20,765 | 203,462 | 1,319,958 | 202,062 | 1,074,738 | 926,192 | 1,195,406 | 1,655,819 | 1,140,770 | 843,997 | 1,131,426 | 547,112 | 512,632 | 533,773 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,609,392 | 4,803,714 | 2,552,251 | 4,176,595 | 3,032,313 | 5,745,012 | 4,176,256 | 3,771,715 | 3,880,484 | 3,114,002 | 2,843,929 | 3,151,552 | 3,035,074 | 2,826,115 | 3,089,821 |
| total assets | 8,327,645 | 8,843,699 | 7,011,445 | 8,911,783 | 8,172,505 | 12,448,739 | 11,372,756 | 10,922,896 | 10,900,664 | 6,730,106 | 7,003,882 | 7,316,048 | 7,584,680 | 7,745,248 | 8,752,428 |
| Bank overdraft | 717,056 | 571,207 | 1,098,678 | 745,724 | 245,589 | 2,433,582 | 14,532 | 65,247 | 211,222 | 473,635 | 767,675 | 38,655 | 12,057 | 100,248 | 1,029,626 |
| Bank loan | 0 | 0 | 192,301 | 0 | 0 | 0 | 2,557,200 | 79,093 | 0 | 0 | 0 | 621,949 | 674,161 | 630,185 | 0 |
| Trade Creditors | 1,452,668 | 1,871,869 | 1,212,155 | 2,036,360 | 2,178,135 | 5,399,086 | 3,992,733 | 3,501,333 | 3,298,330 | 2,244,447 | 2,003,042 | 2,045,977 | 2,077,952 | 1,942,560 | 1,881,081 |
| Group/Directors Accounts | 108,397 | 141,445 | 96,762 | 655,476 | 716,656 | 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 | 39,735 | 39,735 | 41,839 | 44,335 | 40,455 | 36,576 | 0 | 4,572 | 73,589 | 15,719 | 11,939 | 10,273 |
| other current liabilities | 253,863 | 295,157 | 151,340 | 908,794 | 1,302,431 | 3,427,879 | 3,204,736 | 2,321,773 | 2,214,060 | 750,166 | 604,652 | 469,978 | 467,673 | 336,954 | 229,264 |
| total current liabilities | 2,531,984 | 2,879,678 | 2,751,236 | 4,386,089 | 4,482,546 | 11,302,386 | 9,813,536 | 6,007,901 | 5,760,188 | 3,468,248 | 3,379,941 | 3,250,148 | 3,247,562 | 3,021,886 | 3,150,244 |
| loans | 1,422,220 | 2,009,568 | 0 | 184,716 | 0 | 0 | 0 | 2,690,358 | 2,876,777 | 1,154,368 | 1,723,721 | 2,294,017 | 3,303,772 | 4,073,827 | 5,180,579 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 41,535 | 84,241 | 127,461 | 169,065 | 0 | 29,052 | 34,105 | 93,001 | 83,204 | 96,796 |
| Accruals and Deferred Income | 561,051 | 574,791 | 588,531 | 602,271 | 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 | 474,698 | 472,279 | 481,601 | 470,700 | 458,500 | 126,500 | 131,500 | 170,500 | 177,000 | 63,000 | 99,000 | 88,000 | 115,000 | 121,000 | 88,000 |
| total long term liabilities | 2,457,969 | 3,056,638 | 1,070,132 | 1,257,687 | 458,500 | 168,035 | 215,741 | 2,988,319 | 3,222,842 | 1,217,368 | 1,851,773 | 2,416,122 | 3,511,773 | 4,278,031 | 5,365,375 |
| total liabilities | 4,989,953 | 5,936,316 | 3,821,368 | 5,643,776 | 4,941,046 | 11,470,421 | 10,029,277 | 8,996,220 | 8,983,030 | 4,685,616 | 5,231,714 | 5,666,270 | 6,759,335 | 7,299,917 | 8,515,619 |
| net assets | 3,337,692 | 2,907,383 | 3,190,077 | 3,268,007 | 3,231,459 | 978,318 | 1,343,479 | 1,926,676 | 1,917,634 | 2,044,490 | 1,772,168 | 1,649,778 | 825,345 | 445,331 | 236,809 |
| total shareholders funds | 3,337,692 | 2,907,383 | 3,190,077 | 3,268,007 | 3,231,459 | 978,318 | 1,343,479 | 1,926,676 | 1,917,634 | 2,044,490 | 1,772,168 | 1,649,778 | 825,345 | 445,331 | 236,809 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 668,743 | -195,070 | 7,056 | 179,823 | 147,271 | -246,793 | -531,034 | 144,387 | 196,713 | 375,177 | 408,802 | 1,078,478 | 702,742 | 424,771 | 508,304 |
| Depreciation | 210,541 | 199,756 | 202,182 | 292,188 | 215,646 | 292,139 | 315,045 | 305,151 | 212,110 | 188,348 | 179,797 | 196,327 | 201,673 | 233,985 | 229,746 |
| Amortisation | 124,350 | 155,217 | 157,204 | 221,696 | 195,530 | 283,302 | 267,967 | 260,300 | 255,176 | 237,406 | 236,098 | 299,554 | 229,552 | 210,931 | 234,433 |
| Tax | -2,420 | 29,395 | -10,901 | -48,121 | -405,051 | 5,000 | 39,000 | -18,058 | -31,749 | -21,666 | -97,283 | -108,003 | -131,022 | -96,203 | -50,000 |
| Stock | -106,649 | 96,915 | -34,291 | -85,539 | -434,007 | 7,344 | 30,997 | 192,762 | 61,504 | -55,817 | 37,875 | -112,097 | -38,977 | -84,529 | 835,450 |
| Debtors | -88,103 | 2,337,245 | -473,557 | 111,925 | -1,406,016 | 1,412,866 | 642,758 | 158,882 | 189,929 | 29,117 | -58,069 | -355,739 | 213,456 | -158,036 | 1,720,598 |
| Creditors | -419,201 | 659,714 | -824,205 | -141,775 | -3,220,951 | 1,406,353 | 491,400 | 203,003 | 1,053,883 | 241,405 | -42,935 | -31,975 | 135,392 | 61,479 | 1,881,081 |
| Accruals and Deferred Income | -55,034 | 130,077 | -771,194 | 208,634 | -2,125,448 | 223,143 | 882,963 | 107,713 | 1,463,894 | 145,514 | 134,674 | 2,305 | 130,719 | 107,690 | 229,264 |
| Deferred Taxes & Provisions | 2,419 | -9,322 | 10,901 | 12,200 | 332,000 | -5,000 | -39,000 | -6,500 | 114,000 | -36,000 | 11,000 | -27,000 | -6,000 | 33,000 | 88,000 |
| Cash flow from operations | 724,150 | -1,464,393 | -721,109 | 698,259 | -3,020,980 | 537,934 | 752,586 | 644,352 | 3,012,594 | 1,156,884 | 850,347 | 1,877,522 | 1,088,577 | 1,218,218 | 564,780 |
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 3,707,666 | -117,350 | -628,331 | -696,452 | -3,582,979 | 259,516 | -411,352 | 475,827 | -40,914 | 415,486 | -3,073 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 3,707,666 | -117,350 | -628,331 | -696,452 | -3,582,979 | 259,516 | -411,352 | 475,827 | -40,914 | 415,486 | -3,073 |
| Financing Activities | |||||||||||||||
| Bank loans | 0 | -192,301 | 192,301 | 0 | 0 | -2,557,200 | 2,478,107 | 79,093 | 0 | 0 | -621,949 | -52,212 | 43,976 | 630,185 | 0 |
| Group/Directors Accounts | -33,048 | 44,683 | -558,714 | -61,180 | 716,656 | 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 | -587,348 | 2,009,568 | -184,716 | 184,716 | 0 | 0 | -2,690,358 | -186,419 | 1,722,409 | -569,353 | -570,296 | -1,009,755 | -770,055 | -1,106,752 | 5,180,579 |
| Hire Purchase and Lease Commitments | 0 | 0 | -39,735 | 0 | -43,639 | -45,202 | -39,340 | -37,725 | 205,641 | -33,624 | -74,070 | -1,026 | 13,577 | -11,926 | 107,069 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -236,014 | -117,019 | -70,609 | -95,154 | -44,386 | -123,368 | -91,163 | -117,287 | -93,597 | -45,189 | -109,129 | -126,042 | -171,706 | -216,974 | -272,246 |
| cash flow from financing | -856,410 | 1,744,931 | -664,949 | 28,382 | 628,631 | -2,725,770 | -342,754 | -262,338 | 1,721,230 | -648,166 | -1,375,444 | -1,189,035 | -884,208 | -705,467 | 5,140,923 |
| cash and cash equivalents | |||||||||||||||
| cash | 430 | -182,697 | -1,116,496 | 1,117,896 | -872,676 | 148,546 | -269,214 | -460,413 | 515,049 | 296,773 | -287,429 | 584,314 | 34,480 | -21,141 | 533,773 |
| overdraft | 145,849 | -527,471 | 352,954 | 500,135 | -2,187,993 | 2,419,050 | -50,715 | -145,975 | -262,413 | -294,040 | 729,020 | 26,598 | -88,191 | -929,378 | 1,029,626 |
| change in cash | -145,419 | 344,774 | -1,469,450 | 617,761 | 1,315,317 | -2,270,504 | -218,499 | -314,438 | 777,462 | 590,813 | -1,016,449 | 557,716 | 122,671 | 908,237 | -495,853 |
pasab limited Credit Report and Business Information
Pasab Limited Competitor Analysis
Perform a competitor analysis for pasab limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in WS4 area or any other competitors across 12 key performance metrics.
pasab limited Ownership
PASAB LIMITED group structure
Pasab Limited has no subsidiary companies.
Ultimate parent company
PASAB LIMITED
04791222
pasab limited directors
Pasab Limited currently has 3 directors. The longest serving directors include Mr Manjit Jhooty (Jan 2005) and Mr Akshay Parikh (Jan 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Manjit Jhooty | England | 50 years | Jan 2005 | - | Director |
| Mr Akshay Parikh | 66 years | Jan 2014 | - | Director | |
| Mrs Sandip Jhooty | England | 49 years | Jan 2014 | - | Director |
P&L
December 2023turnover
7.4m
-4%
operating profit
668.7k
-443%
gross margin
31%
-18.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.3m
+0.15%
total assets
8.3m
-0.06%
cash
21.2k
+0.02%
net assets
Total assets minus all liabilities
pasab limited company details
company number
04791222
Type
Private limited with Share Capital
industry
47730 - Dispensing chemist in specialised stores
incorporation date
June 2003
age
21
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
SKS AUDIT LLP
address
20 hatherton street, walsall, west midlands, WS4 2LA
Bank
-
Legal Advisor
-
pasab 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 37 charges/mortgages relating to pasab limited. Currently there are 3 open charges and 34 have been satisfied in the past.
pasab limited Companies House Filings - See Documents
| date | description | view/download |
|---|
