Pomanda estimates the enterprise value of PALMER FINANCE at £84.8k based on a Turnover of £225.5k and 0.38x industry multiple (adjusted for size and gross margin).
palmer financeEstimated Valuation
£576.8k
Pomanda estimates the enterprise value of PALMER FINANCE at £576.8k based on an EBITDA of £444.4k and a 1.3x industry multiple (adjusted for size and gross margin).
palmer financeEstimated Valuation
£0
Pomanda estimates the enterprise value of PALMER FINANCE at £0 based on Net Assets of £-831k and 1.31x industry multiple (adjusted for liquidity).
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Palmer FinanceOverview
Palmer Finance is a live company located in bury st. edmunds, IP32 7BY with a Companies House number of 05305159. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in December 2004, it's largest shareholder is
videndum group holdings limited
with a 100% stake. Palmer Finance is a mature,
micro sized company, Pomanda has estimated its turnover at
£225.5k with
high
growth in recent years.
Pomanda's financial health check has awarded Palmer Finance a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
0 Regular
5 Weak
Size
annual sales of £225.5k, make it smaller than the average company (£5.6m)
£225.5k - Palmer Finance
£5.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (5%)
21% - Palmer Finance
5% - Industry AVG
Production
with a gross margin of -24.5%, this company has a higher cost of product (54.1%)
-24.5% - Palmer Finance
54.1% - Industry AVG
Profitability
an operating margin of 197.1% make it more profitable than the average company (9.1%)
197.1% - Palmer Finance
9.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (14)
2 - Palmer Finance
14 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Palmer Finance
- - Industry AVG
Efficiency
resulting in sales per employee of £112.8k, this is less efficient (£223.3k)
£112.8k - Palmer Finance
£223.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Palmer Finance
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Palmer Finance
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Palmer Finance
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Palmer Finance
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 123.2%, this is a higher level of debt than the average (71.4%)
123.2% - Palmer Finance
71.4% - Industry AVG
PALMER FINANCE financials
EXPORT
Palmer Finance's latest turnover from December 2023 is £225.5 thousand and the company has net assets of -£831 thousand. According to their latest financial statements, we estimate that Palmer Finance has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
225,508
136,778
118,563
127,410
108,621
95,677
287,916
Other Income Or Grants
Cost Of Sales
280,852
128,335
113,371
122,245
1,797,414
22,147
88,590
Gross Profit
-55,344
8,443
5,193
5,165
-1,688,793
73,529
199,327
Admin Expenses
-499,785
-431,870
-287,116
-266,555
-262,066
73,529
199,327
-7,925
26,873
Operating Profit
444,441
440,313
292,309
271,720
-1,426,727
7,925
-26,873
Interest Payable
80,469
95,045
78,733
129,170
56,908
147,803
943,932
Interest Receivable
248,403
247,300
5,160
451,699
1,639,266
1,338,918
720,006
Pre-Tax Profit
-55,344
8,443
5,193
5,165
-1,688,793
73,529
199,327
167,935
152,256
-78,733
5,160
330,454
1,582,359
4,209,611
-223,926
Tax
16,642
-16,598
-331,173
62,871
Profit After Tax
-55,344
8,443
5,193
5,165
-1,688,793
73,529
199,327
167,935
152,256
-78,733
5,160
347,096
1,565,760
3,878,438
-161,054
Dividends Paid
42,178,461
Retained Profit
-55,344
8,443
5,193
5,165
-1,688,793
73,529
199,327
167,935
152,256
-78,733
5,160
-41,831,365
1,565,760
3,878,438
-161,054
Employee Costs
72,322
62,956
60,029
Number Of Employees
2
1
1
1
1
1
2
1
1
1
1
1
1
1
EBITDA*
444,441
440,313
292,309
271,720
-1,426,727
7,925
-26,873
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
Intangible Assets
Investments & Other
1
1
1
1
1
37,896
Debtors (Due After 1 year)
3,588,303
5,396,825
5,531,804
5,502,754
5,035,344
4,514,528
4,064,493
11,002,361
7,834,271
7,503,893
3,998,525
1,920,592
Total Fixed Assets
3,588,303
5,396,825
5,531,804
5,502,755
5,035,345
4,514,529
4,064,493
11,002,362
7,834,271
7,503,893
3,998,526
1,958,488
Stock & work in progress
Trade Debtors
Group Debtors
7,142,404
47,601,169
47,304,773
82,676,772
Misc Debtors
62,871
Cash
19,419
11,251
6,026
44,828
1,772
1,772
5,248
261,142
116,802
384,814
1,585
593,582
20,550
9,474
misc current assets
total current assets
19,419
11,251
6,026
44,828
1,772
1,772
5,248
261,142
116,802
384,814
7,143,989
48,194,752
47,325,324
82,749,117
total assets
3,588,303
5,416,245
5,543,055
5,508,781
5,080,172
4,516,300
4,066,265
11,007,610
8,095,414
7,620,696
4,383,339
7,143,989
48,194,752
47,325,324
84,707,605
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
1,734,211
1,777,585
1,768,251
1,770,690
35,385
18,226
56,908
other short term finances
hp & lease commitments
other current liabilities
37,938
350,932
total current liabilities
1,734,211
1,777,585
1,768,251
1,770,690
35,385
18,226
94,847
350,933
loans
4,419,296
4,474,839
4,586,758
4,562,672
4,137,931
3,632,175
3,255,669
10,404,093
7,635,877
7,332,583
4,035,385
6,795,308
6,046,474
25,957,281
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
4,419,296
4,474,840
4,586,759
4,562,672
4,137,931
3,632,176
3,255,670
10,404,093
7,635,877
7,332,583
4,035,385
6,795,309
6,046,475
25,957,282
total liabilities
4,419,296
6,209,051
6,364,344
6,330,923
5,908,621
3,632,176
3,255,670
10,404,093
7,635,877
7,332,583
4,070,770
6,813,535
6,141,322
350,933
25,957,282
net assets
-830,993
-792,806
-821,289
-822,142
-828,448
884,125
810,595
603,516
459,537
288,112
312,569
330,454
42,053,430
46,974,391
58,750,323
total shareholders funds
-830,993
-792,806
-821,289
-822,142
-828,448
884,125
810,595
603,516
459,537
288,112
312,569
330,454
42,053,430
46,974,391
58,750,323
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
444,441
440,313
292,309
271,720
-1,426,727
7,925
-26,873
Depreciation
Amortisation
Tax
16,642
-16,598
-331,173
62,871
Stock
Debtors
-1,808,522
-134,979
29,050
467,410
520,816
450,035
-6,937,868
3,168,090
330,378
3,505,368
-3,143,879
-40,458,765
296,396
-37,355,462
84,660,235
Creditors
Accruals and Deferred Income
-37,938
-312,994
350,932
Deferred Taxes & Provisions
Cash flow from operations
2,252,963
575,292
263,259
-195,690
-1,947,543
-450,035
6,937,868
-3,168,090
-330,378
-3,505,368
3,143,879
40,445,394
-625,988
37,348,348
-84,597,364
Investing Activities
capital expenditure
Change in Investments
1
-37,896
37,896
cash flow from investments
-1
37,896
-37,896
Financing Activities
Bank loans
Group/Directors Accounts
-1,734,211
-43,374
9,335
-2,439
1,770,690
-35,385
17,159
-38,682
56,908
Other Short Term Loans
Long term loans
-55,543
-111,919
24,086
424,741
505,756
376,506
-7,148,424
2,768,216
303,294
3,297,198
-2,759,923
748,834
6,046,474
-25,957,281
25,957,281
Hire Purchase and Lease Commitments
other long term liabilities
share issue
17,158
20,040
-4,341
1,141
-23,780
7,752
-23,956
19,169
54,276
-23,045
108,389
-6,486,721
-15,654,370
58,911,377
interest
167,934
152,255
-78,733
5,160
322,529
1,582,358
1,191,115
-223,926
cash flow from financing
-1,772,596
-135,253
29,080
423,443
2,252,666
376,506
-7,140,672
2,912,194
474,718
3,237,356
-2,760,649
1,141,070
1,199,019
-40,420,536
84,644,732
cash and cash equivalents
cash
-19,419
8,169
5,224
-38,801
43,056
-3,476
-255,894
144,340
-268,012
383,229
-591,997
573,032
11,076
9,474
overdraft
change in cash
-19,419
8,169
5,224
-38,801
43,056
-3,476
-255,894
144,340
-268,012
383,229
-591,997
573,032
11,076
9,474
palmer finance 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 palmer finance. Get real-time insights into palmer finance's credit score, group structure and payment trends.
Perform a competitor analysis for palmer finance by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in IP32 area or any other competitors across 12 key performance metrics.
The sole shareholder of Palmer Finance is Videndum Group Holdings Limited.
videndum group holdings limited
100%
palmer finance directors
Palmer Finance currently has 2 directors.
The longest serving directors include
Mr Jonathan Bolton (Oct 2008) and
Mr Ismaa'eel Van Der Schaff (Jan 2025).
william vinten building, easlea road, bury st. edmunds, IP32 7BY
Bank
-
Legal Advisor
-
palmer finance 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 finance.
palmer finance 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 PALMER FINANCE. This can take several minutes, an email will notify you when this has completed.
palmer financeCompanies House Filings - See Documents
