parallel marketing associates limited
parallel marketing associates limited Company Information
Company Number
04998715
Next Accounts
May 2025
Shareholders
mrs sallie jane hinks
mr simon david hinks
Group Structure
View All
Industry
Management consultancy activities (other than financial management)
Registered Address
eventus sunderland road, market deeping, lincs, PE6 8FD
Website
www.parallelmarketing.co.ukparallel marketing associates limited Estimated Valuation
Pomanda estimates the enterprise value of PARALLEL MARKETING ASSOCIATES LIMITED at £47.6k based on a Turnover of £99k and 0.48x industry multiple (adjusted for size and gross margin).
parallel marketing associates limited Estimated Valuation
Pomanda estimates the enterprise value of PARALLEL MARKETING ASSOCIATES LIMITED at £0 based on an EBITDA of £-10.8k and a 4.15x industry multiple (adjusted for size and gross margin).
parallel marketing associates limited Estimated Valuation
Pomanda estimates the enterprise value of PARALLEL MARKETING ASSOCIATES LIMITED at £98.6k based on Net Assets of £37.8k and 2.61x industry multiple (adjusted for liquidity).
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Parallel Marketing Associates Limited Overview
Parallel Marketing Associates Limited is a live company located in lincs, PE6 8FD with a Companies House number of 04998715. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in December 2003, it's largest shareholder is mrs sallie jane hinks with a 50% stake. Parallel Marketing Associates Limited is a mature, micro sized company, Pomanda has estimated its turnover at £99k with low growth in recent years.
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Parallel Marketing Associates Limited Health Check
Pomanda's financial health check has awarded Parallel Marketing Associates 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
2 Regular
5 Weak
Size
annual sales of £99k, make it smaller than the average company (£409k)
- Parallel Marketing Associates Limited
£409k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (7.1%)
- Parallel Marketing Associates Limited
7.1% - Industry AVG
Production
with a gross margin of 60.2%, this company has a comparable cost of product (60.2%)
- Parallel Marketing Associates Limited
60.2% - Industry AVG
Profitability
an operating margin of -15.6% make it less profitable than the average company (8%)
- Parallel Marketing Associates Limited
8% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Parallel Marketing Associates Limited
5 - Industry AVG
Pay Structure
on an average salary of £47.6k, the company has an equivalent pay structure (£47.6k)
- Parallel Marketing Associates Limited
£47.6k - Industry AVG
Efficiency
resulting in sales per employee of £49.5k, this is less efficient (£120.4k)
- Parallel Marketing Associates Limited
£120.4k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is earlier than average (66 days)
- Parallel Marketing Associates Limited
66 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Parallel Marketing Associates Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Parallel Marketing Associates Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 126 weeks, this is more cash available to meet short term requirements (27 weeks)
126 weeks - Parallel Marketing Associates Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.1%, this is a lower level of debt than the average (55.3%)
35.1% - Parallel Marketing Associates Limited
55.3% - Industry AVG
PARALLEL MARKETING ASSOCIATES LIMITED financials
Parallel Marketing Associates Limited's latest turnover from August 2023 is estimated at £99 thousand and the company has net assets of £37.8 thousand. According to their latest financial statements, Parallel Marketing Associates Limited has 2 employees and maintains cash reserves of £36.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 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 | 14,179 | 16,253 | 850 | 1,101 | 409 | 661 | 403 | 103 | 283 | 567 | 1,393 | 1,957 | 2,691 | 1,309 | 1,788 |
| Intangible Assets | 1,500 | 2,000 | 3,500 | 4,000 | 4,500 | 5,000 | 5,500 | 6,000 | 6,500 | 7,000 | 7,500 | 8,000 | 8,500 | ||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 15,679 | 18,253 | 850 | 1,101 | 3,909 | 4,661 | 4,903 | 5,103 | 5,783 | 6,567 | 7,893 | 8,957 | 10,191 | 9,309 | 10,288 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 4,701 | 8,501 | 2,578 | 6,060 | 1,530 | 7,001 | 1,193 | 250 | 110 | 882 | 728 | 1,306 | 7,047 | 5,666 | 4,000 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 1,488 | 1,155 | 1,194 | 4,337 | 2,486 | 847 | 1,975 | ||||||||
| Cash | 36,371 | 57,785 | 5,466 | 7,584 | 2,848 | 20,908 | 3,351 | 9,774 | 3,558 | 16,437 | 9,356 | 66,918 | 16,752 | 12,785 | 20,684 |
| misc current assets | |||||||||||||||
| total current assets | 42,560 | 67,441 | 9,238 | 17,981 | 6,864 | 28,756 | 6,519 | 10,024 | 3,668 | 17,319 | 10,084 | 68,224 | 23,799 | 18,451 | 24,684 |
| total assets | 58,239 | 85,694 | 10,088 | 19,082 | 10,773 | 33,417 | 11,422 | 15,127 | 9,451 | 23,886 | 17,977 | 77,181 | 33,990 | 27,760 | 34,972 |
| Bank overdraft | 1,600 | 1,600 | 1,600 | 400 | |||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 28 | 35 | 32 | 67 | 5,480 | 19,165 | 12,649 | 38,047 | 24,028 | 17,548 | 27,821 | ||||
| Group/Directors Accounts | 165 | 45 | 125 | 19,665 | 3,622 | 332 | 7,043 | 1,990 | |||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 13,192 | 25,241 | 3,068 | 2,088 | 2,681 | 15,648 | 3,936 | 12,072 | |||||||
| total current liabilities | 14,957 | 26,886 | 4,793 | 22,153 | 6,331 | 16,015 | 11,011 | 14,129 | 5,480 | 19,165 | 12,649 | 38,047 | 24,028 | 17,548 | 27,821 |
| loans | 2,800 | 4,400 | 6,000 | 7,600 | |||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 2,694 | 3,088 | 162 | ||||||||||||
| total long term liabilities | 5,494 | 7,488 | 6,162 | 7,600 | |||||||||||
| total liabilities | 20,451 | 34,374 | 10,955 | 29,753 | 6,331 | 16,015 | 11,011 | 14,129 | 5,480 | 19,165 | 12,649 | 38,047 | 24,028 | 17,548 | 27,821 |
| net assets | 37,788 | 51,320 | -867 | -10,671 | 4,442 | 17,402 | 411 | 998 | 3,971 | 4,721 | 5,328 | 39,134 | 9,962 | 10,212 | 7,151 |
| total shareholders funds | 37,788 | 51,320 | -867 | -10,671 | 4,442 | 17,402 | 411 | 998 | 3,971 | 4,721 | 5,328 | 39,134 | 9,962 | 10,212 | 7,151 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 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 | |||||||||||||||
| Depreciation | 4,133 | 4,472 | 511 | 565 | 252 | 252 | 171 | 180 | 284 | 1,001 | 1,070 | 1,136 | 1,039 | 914 | 811 |
| Amortisation | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | ||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -3,467 | 5,884 | -6,625 | 6,381 | -3,832 | 4,680 | 2,918 | 140 | -772 | 154 | -578 | -5,741 | 1,381 | 1,666 | 4,000 |
| Creditors | -28 | -7 | 3 | -35 | -5,413 | -13,685 | 6,516 | -25,398 | 14,019 | 6,480 | -10,273 | 27,821 | |||
| Accruals and Deferred Income | -12,049 | 22,173 | 980 | -593 | -12,967 | 11,712 | -8,136 | 12,072 | |||||||
| Deferred Taxes & Provisions | -394 | 2,926 | 162 | ||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 120 | -80 | -19,540 | 16,043 | 3,290 | -6,711 | 5,053 | 1,990 | |||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -1,600 | -1,600 | -1,600 | 7,600 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -21,414 | 52,319 | -2,118 | 4,736 | -18,060 | 17,557 | -6,423 | 6,216 | -12,879 | 7,081 | -57,562 | 50,166 | 3,967 | -7,899 | 20,684 |
| overdraft | 1,200 | 400 | |||||||||||||
| change in cash | -21,414 | 52,319 | -3,318 | 4,336 | -18,060 | 17,557 | -6,423 | 6,216 | -12,879 | 7,081 | -57,562 | 50,166 | 3,967 | -7,899 | 20,684 |
parallel marketing associates limited Credit Report and Business Information
Parallel Marketing Associates Limited Competitor Analysis
Perform a competitor analysis for parallel marketing associates limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in PE6 area or any other competitors across 12 key performance metrics.
parallel marketing associates limited Ownership
PARALLEL MARKETING ASSOCIATES LIMITED group structure
Parallel Marketing Associates Limited has no subsidiary companies.
Ultimate parent company
PARALLEL MARKETING ASSOCIATES LIMITED
04998715
parallel marketing associates limited directors
Parallel Marketing Associates Limited currently has 2 directors. The longest serving directors include Ms Sallie Hinks (Dec 2003) and Mr Simon Hinks (Dec 2003).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Sallie Hinks | United Kingdom | 59 years | Dec 2003 | - | Director |
| Mr Simon Hinks | United Kingdom | 61 years | Dec 2003 | - | Director |
P&L
August 2023turnover
99k
-6%
operating profit
-15.4k
0%
gross margin
60.3%
-0.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
37.8k
-0.26%
total assets
58.2k
-0.32%
cash
36.4k
-0.37%
net assets
Total assets minus all liabilities
parallel marketing associates limited company details
company number
04998715
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
December 2003
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
MOORE THOMPSON
auditor
-
address
eventus sunderland road, market deeping, lincs, PE6 8FD
Bank
-
Legal Advisor
-
parallel marketing associates 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 parallel marketing associates limited.
parallel marketing associates 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.
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parallel marketing associates limited Companies House Filings - See Documents
| date | description | view/download |
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