pangolin london ltd

pangolin london ltd Company Information

Share PANGOLIN LONDON LTD
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MatureSmallDeclining

Company Number

05318255

Industry

Retail sale in commercial art galleries

 

Shareholders

peter millican

rungwe kingdon

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Group Structure

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Contact

Registered Address

4 chapel row, bath, BA1 1HN

pangolin london ltd Estimated Valuation

£357.1k

Pomanda estimates the enterprise value of PANGOLIN LONDON LTD at £357.1k based on a Turnover of £1.2m and 0.3x industry multiple (adjusted for size and gross margin).

pangolin london ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of PANGOLIN LONDON LTD at £0 based on an EBITDA of £-150.2k and a 3.45x industry multiple (adjusted for size and gross margin).

pangolin london ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of PANGOLIN LONDON LTD at £0 based on Net Assets of £-1.9m and 1.56x industry multiple (adjusted for liquidity).

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Pangolin London Ltd Overview

Pangolin London Ltd is a live company located in bath, BA1 1HN with a Companies House number of 05318255. It operates in the retail sale in commercial art galleries sector, SIC Code 47781. Founded in December 2004, it's largest shareholder is peter millican with a 45% stake. Pangolin London Ltd is a mature, small sized company, Pomanda has estimated its turnover at £1.2m with declining growth in recent years.

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Pangolin London Ltd Health Check

Pomanda's financial health check has awarded Pangolin London Ltd a 2 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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £1.2m, make it smaller than the average company (£15.6m)

£1.2m - Pangolin London Ltd

£15.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (8%)

-7% - Pangolin London Ltd

8% - Industry AVG

production

Production

with a gross margin of 23.8%, this company has a comparable cost of product (29.4%)

23.8% - Pangolin London Ltd

29.4% - Industry AVG

profitability

Profitability

an operating margin of -12.7% make it less profitable than the average company (5.8%)

-12.7% - Pangolin London Ltd

5.8% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (15)

4 - Pangolin London Ltd

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £75.5k, the company has an equivalent pay structure (£75.5k)

£75.5k - Pangolin London Ltd

£75.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £298.3k, this is less efficient (£1.1m)

£298.3k - Pangolin London Ltd

£1.1m - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 31 days, this is near the average (30 days)

31 days - Pangolin London Ltd

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1047 days, this is slower than average (51 days)

1047 days - Pangolin London Ltd

51 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 166 days, this is less than average (257 days)

166 days - Pangolin London Ltd

257 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (14 weeks)

3 weeks - Pangolin London Ltd

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 369.4%, this is a higher level of debt than the average (63.2%)

369.4% - Pangolin London Ltd

63.2% - Industry AVG

PANGOLIN LONDON LTD financials

EXPORTms excel logo

Pangolin London Ltd's latest turnover from December 2023 is estimated at £1.2 million and the company has net assets of -£1.9 million. According to their latest financial statements, Pangolin London Ltd has 4 employees and maintains cash reserves of £171.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover1,193,1871,856,1621,609,5851,507,3501,582,8281,926,2685,343,8361,963,2651,718,0101,525,5611,425,2901,372,4331,025,292537,611378,684
Other Income Or Grants000000000000000
Cost Of Sales909,7791,483,5731,256,7291,171,3421,250,8601,566,0864,333,1491,591,8511,399,5811,251,7431,144,0141,111,257826,047498,898322,547
Gross Profit283,408372,590352,856336,007331,969360,1821,010,688371,415318,429273,818281,276261,176199,24438,71356,137
Admin Expenses435,082593,676185,676399,471522,691512,415838,251641,465538,487473,2567,720492,064334,338243,945213,913
Operating Profit-151,674-221,086167,180-63,464-190,722-152,233172,437-270,050-220,058-199,438273,556-230,888-135,094-205,232-157,776
Interest Payable00000000000003816
Interest Receivable10,61211,2416561096124932892158781,3017468310539158
Pre-Tax Profit-141,062-209,845167,836-63,355-190,110-151,740172,726-269,835-219,180-198,137274,301-230,805-134,989-205,231-157,634
Tax00-31,889000-32,818000-63,0890000
Profit After Tax-141,062-209,845135,947-63,355-190,110-151,740139,908-269,835-219,180-198,137211,212-230,805-134,989-205,231-157,634
Dividends Paid000000000000000
Retained Profit-141,062-209,845135,947-63,355-190,110-151,740139,908-269,835-219,180-198,137211,212-230,805-134,989-205,231-157,634
Employee Costs301,937291,778257,349221,066248,936250,262190,07865,08473,28060,83857,75754,98754,92559,0180
Number Of Employees444444311111110
EBITDA*-150,210-219,279169,233-61,101-187,974-149,001176,273-270,050-214,437-195,405278,840-225,604-129,486-199,497-152,964

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets17,73720,50620,05218,55420,91723,66526,89730,73335,32223,16323,22328,40331,49528,62725,249
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)00000000000000103
Total Fixed Assets17,73720,50620,05218,55420,91723,66526,89730,73335,32223,16323,22328,40331,49528,62725,352
Stock & work in progress415,762425,285573,793617,215689,303726,419722,994593,531559,793528,710317,812326,237335,357330,752293,532
Trade Debtors102,25093,470120,670176,65598,241157,8101,235,14752,068155,71196,541177,288129,72767,172106,36744,289
Group Debtors000000000000000
Misc Debtors0000000000000028,143
Cash171,168233,104409,254115,746101,32861,86769,68946,034126,038225,049295,3792,89130,50411,43822,908
misc current assets000000000000000
total current assets689,180751,8591,103,717909,616888,872946,0962,027,830691,633841,542850,300790,479458,855433,033448,557388,872
total assets706,917772,3651,123,769928,170909,789969,7612,054,727722,366876,864873,463813,702487,258464,528477,184414,224
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 2,611,6312,536,0172,678,1322,618,4802,536,7442,406,6063,339,8322,147,3792,032,0421,809,4611,551,5631,436,3311,182,79662,58247,505
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities0000000000000997,881744,767
total current liabilities2,611,6312,536,0172,678,1322,618,4802,536,7442,406,6063,339,8322,147,3792,032,0421,809,4611,551,5631,436,3311,182,7961,060,463792,272
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities2,611,6312,536,0172,678,1322,618,4802,536,7442,406,6063,339,8322,147,3792,032,0421,809,4611,551,5631,436,3311,182,7961,060,463792,272
net assets-1,904,714-1,763,652-1,554,363-1,690,310-1,626,955-1,436,845-1,285,105-1,425,013-1,155,178-935,998-737,861-949,073-718,268-583,279-378,048
total shareholders funds-1,904,714-1,763,652-1,554,363-1,690,310-1,626,955-1,436,845-1,285,105-1,425,013-1,155,178-935,998-737,861-949,073-718,268-583,279-378,048
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-151,674-221,086167,180-63,464-190,722-152,233172,437-270,050-220,058-199,438273,556-230,888-135,094-205,232-157,776
Depreciation1,4641,8072,0532,3632,7483,2323,83605,6214,0335,2845,2845,6085,7354,812
Amortisation000000000000000
Tax00-31,889000-32,818000-63,0890000
Stock-9,523-148,508-43,422-72,088-37,1163,425129,46333,73831,083210,898-8,425-9,1204,60537,220293,532
Debtors8,780-27,200-55,98578,414-59,569-1,077,3371,183,079-103,64359,170-80,74747,56162,555-39,19533,83272,535
Creditors75,614-142,11559,65281,736130,138-933,2261,192,453115,337222,581257,898115,232253,5351,120,21415,07747,505
Accruals and Deferred Income000000000000-997,881253,114744,767
Deferred Taxes & Provisions000000000000000
Cash flow from operations-73,853-185,686296,40314,30938,849-8,31523,366-84,808-82,109-67,658291,847-25,50427,437-2,358273,241
Investing Activities
capital expenditure1,305-2,261-3,55100004,589-17,780-3,973-104-2,192-8,476-9,113-30,061
Change in Investments000000000000000
cash flow from investments1,305-2,261-3,55100004,589-17,780-3,973-104-2,192-8,476-9,113-30,061
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0556000000000000-220,414
interest10,61211,2416561096124932892158781,301746831051142
cash flow from financing10,61211,7976561096124932892158781,301746831051-220,272
cash and cash equivalents
cash-61,936-176,150293,50814,41839,461-7,82223,655-80,004-99,011-70,330292,488-27,61319,066-11,47022,908
overdraft000000000000000
change in cash-61,936-176,150293,50814,41839,461-7,82223,655-80,004-99,011-70,330292,488-27,61319,066-11,47022,908

pangolin london ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Pangolin London Ltd Competitor Analysis

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Perform a competitor analysis for pangolin london ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BA1 area or any other competitors across 12 key performance metrics.

pangolin london ltd Ownership

PANGOLIN LONDON LTD group structure

Pangolin London Ltd has no subsidiary companies.

Ultimate parent company

PANGOLIN LONDON LTD

05318255

PANGOLIN LONDON LTD Shareholders

peter millican 45%
rungwe kingdon 22.5%
claude koenig 22.5%
polly fairbanks-bielecka 10.01%

pangolin london ltd directors

Pangolin London Ltd currently has 4 directors. The longest serving directors include Mr Rungwe Kingdon (Dec 2004) and Miss Claude Koenig (Jan 2005).

officercountryagestartendrole
Mr Rungwe KingdonUnited Kingdom64 years Dec 2004- Director
Miss Claude Koenig66 years Jan 2005- Director
Mr Peter Millican76 years Jan 2005- Director
Mrs Polly Fairbanks BieleckaEngland44 years Mar 2023- Director

P&L

December 2023

turnover

1.2m

-36%

operating profit

-151.7k

0%

gross margin

23.8%

+18.33%

turnover

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

Balance Sheet

December 2023

net assets

-1.9m

+0.08%

total assets

706.9k

-0.08%

cash

171.2k

-0.27%

net assets

Total assets minus all liabilities

pangolin london ltd company details

company number

05318255

Type

Private limited with Share Capital

industry

47781 - Retail sale in commercial art galleries

incorporation date

December 2004

age

21

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

4 chapel row, bath, BA1 1HN

Bank

-

Legal Advisor

-

pangolin london ltd 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 pangolin london ltd.

pangolin london ltd 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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pangolin london ltd Companies House Filings - See Documents

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