pulsin ltd

Live MatureMidDeclining

pulsin ltd Company Information

Share PULSIN LTD

Company Number

05466800

Shareholders

s-ventures plc

Group Structure

View All

Industry

Manufacture of other food products n.e.c.

 

Registered Address

unit 16 brunel court, quedgeley, gloucester, GL2 2AL

pulsin ltd Estimated Valuation

£5.3m

Pomanda estimates the enterprise value of PULSIN LTD at £5.3m based on a Turnover of £6.6m and 0.8x industry multiple (adjusted for size and gross margin).

pulsin ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of PULSIN LTD at £0 based on an EBITDA of £-441.3k and a 5.44x industry multiple (adjusted for size and gross margin).

pulsin ltd Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of PULSIN LTD at £1.6m based on Net Assets of £794.1k and 1.98x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Pulsin Ltd Overview

Pulsin Ltd is a live company located in gloucester, GL2 2AL with a Companies House number of 05466800. It operates in the manufacture of other food products n.e.c. sector, SIC Code 10890. Founded in May 2005, it's largest shareholder is s-ventures plc with a 100% stake. Pulsin Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £6.6m with declining growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Pulsin Ltd Health Check

Pomanda's financial health check has awarded Pulsin Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 9 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

9 Weak

size

Size

annual sales of £6.6m, make it smaller than the average company (£21.5m)

£6.6m - Pulsin Ltd

£21.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (6.5%)

-1% - Pulsin Ltd

6.5% - Industry AVG

production

Production

with a gross margin of 39.2%, this company has a lower cost of product (25.8%)

39.2% - Pulsin Ltd

25.8% - Industry AVG

profitability

Profitability

an operating margin of -15.7% make it less profitable than the average company (3.6%)

-15.7% - Pulsin Ltd

3.6% - Industry AVG

employees

Employees

with 58 employees, this is below the industry average (104)

58 - Pulsin Ltd

104 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.1k, the company has an equivalent pay structure (£37.1k)

£31.1k - Pulsin Ltd

£37.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £114.4k, this is less efficient (£212.2k)

£114.4k - Pulsin Ltd

£212.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 73 days, this is later than average (47 days)

73 days - Pulsin Ltd

47 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 112 days, this is slower than average (47 days)

112 days - Pulsin Ltd

47 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 68 days, this is more than average (50 days)

68 days - Pulsin Ltd

50 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)

0 weeks - Pulsin Ltd

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 88.4%, this is a higher level of debt than the average (56.3%)

88.4% - Pulsin Ltd

56.3% - Industry AVG

PULSIN LTD financials

EXPORTms excel logo

Pulsin Ltd's latest turnover from September 2023 is £6.6 million and the company has net assets of £794.1 thousand. According to their latest financial statements, Pulsin Ltd has 58 employees and maintains cash reserves of £51.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Dec 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013May 2013May 2012May 2011May 2010
Turnover6,637,7976,686,8944,298,4886,916,9306,921,7029,285,0857,765,5125,044,9663,792,8952,720,3901,457,8791,237,1121,044,923496,772331,035
Other Income Or Grants
Cost Of Sales4,038,0103,760,1332,933,9014,224,2615,139,9646,888,2915,723,9163,711,1282,819,4442,021,3291,074,743935,101783,002367,913244,384
Gross Profit2,599,7872,926,7611,364,5872,692,6691,781,7372,396,7942,041,5971,333,838973,451699,061383,136302,011261,920128,85986,651
Admin Expenses3,645,4383,411,0381,850,1462,636,2411,823,5733,074,5812,124,792464,68629,846-114,760-42,280-51,65039,23476,07357,755
Operating Profit-1,045,651-484,277-485,55956,428-41,836-677,787-83,195869,152943,605813,821425,416353,661222,68652,78628,896
Interest Payable269,675117,31743,19770,5194,060
Interest Receivable2392,0951,3261,7771,4672,5671,513664448896850
Pre-Tax Profit-1,315,087-601,594-843,756-14,091-43,801-676,461-81,418870,619946,173815,334426,079354,109222,77552,85428,946
Tax145,165384,417107,9388,683-174,124-189,234-171,220-97,998-81,445-53,466-13,742-8,105
Profit After Tax-1,169,922-217,177-735,818-5,408-43,801-676,461-81,418696,495756,938644,114328,081272,664169,30939,11220,841
Dividends Paid176,164254,760
Retained Profit-1,169,922-217,177-911,982-260,168-43,801-676,461-81,418696,495756,938644,114328,081272,664169,30939,11220,841
Employee Costs1,802,1842,164,0981,062,7901,753,3671,938,7312,030,1621,310,9441,091,230648,047457,070227,738196,618167,24484,64856,725
Number Of Employees5858576161644237221687632
EBITDA*-441,28936,661-265,274342,046265,741-295,344130,3621,229,4331,056,443906,483454,817391,071241,45160,27637,621

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Dec 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013May 2013May 2012May 2011May 2010
Tangible Assets962,4981,272,8052,857,5521,009,4881,207,0701,191,050691,189590,899157,439176,10191,27999,520123,04316,08818,753
Intangible Assets2,861,5702,570,45449,48061,62392,885220,161258,886300,776291,134326,903270,683245,173118,09026,481
Investments & Other315,000315,000315,000315,000265,000160,00080,000
Debtors (Due After 1 year)2,500
Total Fixed Assets3,824,0683,843,2592,907,0321,386,1111,614,9551,726,2111,265,0751,156,675608,573583,004361,962344,693241,13345,06918,753
Stock & work in progress753,0811,170,011998,704857,620917,3911,243,1641,078,668790,467539,481267,765105,28395,283100,59948,4058,000
Trade Debtors1,329,2871,376,543961,150893,995806,1791,387,7251,445,631850,235664,971535,573225,319210,135151,14767,57054,673
Group Debtors44612,288
Misc Debtors859,577878,076700,862153,160479,193259,613626,079464,741
Cash51,90710,65036,47273,858400,854157,750195,900514,739658,561368,263236,909150,54828,4947,20920,031
misc current assets16,86515,843721
total current assets2,994,2983,447,5682,697,1881,978,6332,603,6173,048,2523,346,2782,620,1821,879,8781,187,444567,511455,966280,240123,90582,704
total assets6,818,3667,290,8275,604,2203,364,7444,218,5724,774,4634,611,3533,776,8572,488,4511,770,448929,473800,659521,373168,974101,457
Bank overdraft54,492320,788260,769
Bank loan42,15380,37123,322
Trade Creditors 1,249,9391,283,9291,049,080218,574751,2351,202,098869,158349,423397,726378,388305,170225,651206,541107,83375,100
Group/Directors Accounts1,494,1902,176,458219,238194,103
other short term finances752,498
hp & lease commitments450,346434,818354,060119,193224,855282,182172,719210,565
other current liabilities714,334815,342766,212294,516621,607647,412544,07073,522
total current liabilities4,715,7995,031,3352,691,512906,7571,621,0192,131,6921,585,947633,510397,726378,388305,170225,651206,541107,83375,100
loans55,206109,443155,695259,47096,977
hp & lease commitments1,253,2501,686,0162,075,803516,086544,154605,123282,859361,880
Accruals and Deferred Income34,33540,3901,068
other liabilities51,854103,571106,64882,87658,989114,35355,29657,96785,4505,396
provisions89,23951,20836,91662,27743,55138,88635,74011,54414,995
total long term liabilities1,308,4561,795,4592,231,498864,795744,193745,610451,784488,307132,210190,48366,84072,96285,4501,0685,396
total liabilities6,024,2556,826,7944,923,0101,771,5522,365,2122,877,3022,037,7311,121,817529,936568,871372,010298,613291,991108,90180,496
net assets794,111464,033681,2101,593,1921,853,3601,897,1612,573,6222,655,0401,958,5151,201,577557,463502,046229,38260,07320,961
total shareholders funds794,111464,033681,2101,593,1921,853,3601,897,1612,573,6222,655,0401,958,5151,201,577557,463502,046229,38260,07320,961
Sep 2023Sep 2022Sep 2021Dec 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit-1,045,651-484,277-485,55956,428-41,836-677,787-83,195869,152943,605813,821425,416353,661222,68652,78628,896
Depreciation588,992504,748208,142254,356268,849343,718157,946323,79377,06971,89619,01837,41018,7657,4908,725
Amortisation15,37016,19012,14331,26238,72838,72555,61136,48835,76920,76610,383
Tax145,165384,417107,9388,683-174,124-189,234-171,220-97,998-81,445-53,466-13,742-8,105
Stock-416,930171,307141,084-59,771-325,773164,496288,201250,986271,716162,4824,684-5,31652,19440,4058,000
Debtors-77,597604,895614,857-238,217-361,966-424,372756,734650,005129,398310,25474,17258,98881,07715,39754,673
Creditors-33,990234,849830,506-532,661-450,863332,940519,735-48,30319,33873,21898,62919,11098,70832,73375,100
Accruals and Deferred Income-101,00849,130471,696-327,091-25,805103,342470,54839,187-6,05540,390-1,0681,068
Deferred Taxes & Provisions-89,23938,03114,292-25,36118,7264,6653,14624,19611,54414,995
Cash flow from operations63,405-71,145299,686-173,004491,104375,45394,436149,867482,524400,331388,136290,059152,35424,53341,943
Investing Activities
capital expenditure-585,171-1,457,165-2,056,206-56,774-196,321-843,579-271,957-803,383-58,407-233,704-150,230-140,970-217,329-31,306-27,478
Change in Investments-315,00050,000105,00080,00080,000
cash flow from investments-585,171-1,457,165-1,741,206-56,774-196,321-843,579-321,957-908,383-138,407-313,704-150,230-140,970-217,329-31,306-27,478
Financing Activities
Bank loans-42,153-38,21857,04923,322
Group/Directors Accounts-682,2681,957,22025,135194,103
Other Short Term Loans 752,498
Long term loans-54,237-46,252-103,775162,49396,977
Hire Purchase and Lease Commitments-417,238-309,0291,794,584-133,730-118,296431,727-116,867572,445
other long term liabilities-51,854-51,717-3,07723,77223,887-55,36459,057-30,154-27,48385,450-5,3965,396
share issue1,500,00030120
interest-269,436-117,317-43,197-70,519-1,9651,3261,7771,4672,5671,513664448896850
cash flow from financing829,3191,442,4691,634,529157,542-51,679429,976-91,318597,829-52,79760,570-29,490-27,03585,539-5,3285,566
cash and cash equivalents
cash41,257-25,822-37,386-326,996243,104-38,150-318,839-143,822290,298131,354208,415122,05421,285-12,82220,031
overdraft-266,29660,019260,769
change in cash307,553-85,841-298,155-326,996243,104-38,150-318,839-143,822290,298131,354208,415122,05421,285-12,82220,031

pulsin ltd 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 pulsin ltd. Get real-time insights into pulsin ltd'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

Pulsin Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for pulsin ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in GL2 area or any other competitors across 12 key performance metrics.

pulsin ltd Ownership

PULSIN LTD group structure

Pulsin Ltd has no subsidiary companies.

Ultimate parent company

1 parent

PULSIN LTD

05466800

PULSIN LTD Shareholders

s-ventures plc 100%

pulsin ltd directors

Pulsin Ltd currently has 5 directors. The longest serving directors include Mr Simon James-Ashburner (May 2005) and Mr Scott Livingston (Jul 2021).

officercountryagestartendrole
Mr Simon James-AshburnerEngland46 years May 2005- Director
Mr Scott LivingstonEngland49 years Jul 2021- Director
Mr Robert HewittUnited Kingdom68 years Jul 2021- Director
Mr Scott LivingstonEngland49 years Jul 2021- Director
Mr Stephen ArgentEngland68 years Sep 2023- Director

P&L

September 2023

turnover

6.6m

-1%

operating profit

-1m

+116%

gross margin

39.2%

-10.51%

turnover

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

Balance Sheet

September 2023

net assets

794.1k

+0.71%

total assets

6.8m

-0.06%

cash

51.9k

+3.87%

net assets

Total assets minus all liabilities

pulsin ltd company details

company number

05466800

Type

Private limited with Share Capital

industry

10890 - Manufacture of other food products n.e.c.

incorporation date

May 2005

age

20

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

September 2023

previous names

pulsin' ltd (June 2017)

frutopia limited (August 2006)

accountant

-

auditor

-

address

unit 16 brunel court, quedgeley, gloucester, GL2 2AL

Bank

-

Legal Advisor

-

pulsin 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 found 4 charges/mortgages relating to pulsin ltd. Currently there are 2 open charges and 2 have been satisfied in the past.

pulsin 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.

Click to start generating capital raising & share issue transactions for PULSIN LTD. This can take several minutes, an email will notify you when this has completed.

pulsin ltd Companies House Filings - See Documents

datedescriptionview/download