parseq limited

Live EstablishedLargeRapid

parseq limited Company Information

Share PARSEQ LIMITED

Company Number

05815806

Shareholders

parabellum midco limited

craig naylor-smith

View All

Group Structure

View All

Industry

Activities of head offices

 +2

Registered Address

parseq lowton way, hellaby, rotherham, south yorkshire, S66 8RY

parseq limited Estimated Valuation

£31.2m

Pomanda estimates the enterprise value of PARSEQ LIMITED at £31.2m based on a Turnover of £23.5m and 1.33x industry multiple (adjusted for size and gross margin).

parseq limited Estimated Valuation

£11.2m

Pomanda estimates the enterprise value of PARSEQ LIMITED at £11.2m based on an EBITDA of £1.4m and a 7.98x industry multiple (adjusted for size and gross margin).

parseq limited Estimated Valuation

£7.7m

Pomanda estimates the enterprise value of PARSEQ LIMITED at £7.7m based on Net Assets of £3.4m and 2.24x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Parseq Limited Overview

Parseq Limited is a live company located in rotherham, S66 8RY with a Companies House number of 05815806. It operates in the data processing, hosting and related activities sector, SIC Code 63110. Founded in May 2006, it's largest shareholder is parabellum midco limited with a 76% stake. Parseq Limited is a established, large sized company, Pomanda has estimated its turnover at £23.5m with rapid growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Parseq Limited Health Check

Pomanda's financial health check has awarded Parseq Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

6 Strong

positive_score

0 Regular

positive_score

6 Weak

size

Size

annual sales of £23.5m, make it larger than the average company (£12.5m)

£23.5m - Parseq Limited

£12.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (6.7%)

31% - Parseq Limited

6.7% - Industry AVG

production

Production

with a gross margin of 64.8%, this company has a lower cost of product (42.6%)

64.8% - Parseq Limited

42.6% - Industry AVG

profitability

Profitability

an operating margin of 2.8% make it less profitable than the average company (4.2%)

2.8% - Parseq Limited

4.2% - Industry AVG

employees

Employees

with 463 employees, this is above the industry average (115)

463 - Parseq Limited

115 - Industry AVG

paystructure

Pay Structure

on an average salary of £17.7k, the company has a lower pay structure (£52.2k)

£17.7k - Parseq Limited

£52.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £50.8k, this is less efficient (£141.7k)

£50.8k - Parseq Limited

£141.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 64 days, this is later than average (47 days)

64 days - Parseq Limited

47 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 102 days, this is slower than average (30 days)

102 days - Parseq Limited

30 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 76 days, this is more than average (21 days)

76 days - Parseq Limited

21 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 (13 weeks)

3 weeks - Parseq Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 73.1%, this is a higher level of debt than the average (58%)

73.1% - Parseq Limited

58% - Industry AVG

PARSEQ LIMITED financials

EXPORTms excel logo

Parseq Limited's latest turnover from December 2023 is £23.5 million and the company has net assets of £3.4 million. According to their latest financial statements, Parseq Limited has 463 employees and maintains cash reserves of £580 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
Turnover23,505,0009,639,00017,528,00010,429,00010,414,00026,758,00042,179,00042,696,00047,309,00038,850,00030,185,00016,591,00010,174,0006,905,00010,168,000
Other Income Or Grants000000000000000
Cost Of Sales8,286,0004,332,0008,142,0005,010,0005,030,00018,292,00030,769,00031,331,00032,757,00022,810,00017,999,6759,857,9915,784,7013,899,7778,134,400
Gross Profit15,219,0005,307,0009,386,0005,419,0005,384,0008,466,00011,410,00011,365,00014,552,00016,040,00012,185,3256,733,0094,389,2993,005,2232,033,600
Admin Expenses14,570,0008,826,0007,212,0004,759,0002,712,0007,201,00012,106,00014,215,00018,614,00013,592,00011,629,3254,627,0094,989,2992,308,223-580,400
Operating Profit649,000-3,519,0002,174,000660,0002,672,0001,265,000-696,000-2,850,000-4,062,0002,448,000556,0002,106,000-600,000697,0002,614,000
Interest Payable282,000313,000268,000330,000536,000574,000904,000807,000544,000582,000438,000291,000311,000650,000494,000
Interest Receivable000000000000000
Pre-Tax Profit367,000-3,832,0001,906,000330,0002,136,000691,000-1,600,000-3,657,000-4,606,0001,866,000118,0001,815,000-161,0001,547,0002,120,000
Tax-139,000-133,000-134,00094,000-443,00065,000708,000-42,000-117,000-222,000200,000418,00017,000-27,000-565,000
Profit After Tax228,000-3,965,0001,772,000424,0001,693,000756,000-892,000-3,699,000-4,723,0001,644,000318,0002,233,000-144,0001,520,0001,555,000
Dividends Paid0000000000000150,0000
Retained Profit228,000-3,965,0001,772,000424,0001,693,000756,000-892,000-3,699,000-4,723,0001,644,000318,0002,233,000-144,0001,370,0001,555,000
Employee Costs8,211,0005,590,0009,374,0005,460,0004,512,00019,540,00032,014,00033,271,00034,639,00025,068,00017,809,0008,948,0006,549,0003,036,0003,264,000
Number Of Employees4632604611891841,0701,6812,0242,0581,5781,196562320205213
EBITDA*1,408,000-2,927,0003,162,0001,380,0003,492,0002,229,0002,290,000-1,471,000-2,586,0002,576,0002,018,0002,948,000-111,000885,0002,957,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets2,080,0003,512,0007,664,0008,003,0007,875,0006,546,0007,590,0007,662,0007,453,0004,923,0006,995,0007,631,000843,000949,0007,506,000
Intangible Assets-678,000-258,000349,000467,000792,0001,006,0001,314,0002,480,0002,424,0007,754,0004,812,0001,488,000864,000977,0001,688,000
Investments & Other00000000000016,716,00016,716,0000
Debtors (Due After 1 year)0000500,000626,000605,000181,000346,000334,00000000
Total Fixed Assets1,402,0003,254,0008,013,0008,470,0009,167,0008,178,0009,509,00010,323,00010,223,00013,011,00011,807,0009,119,00018,423,00018,642,0009,194,000
Stock & work in progress1,746,0001,612,000027,00027,00027,00027,00027,00027,00027,00027,00027,0000017,000
Trade Debtors4,156,0002,165,000740,0001,763,0001,430,0003,343,0007,903,0008,354,0007,629,0005,474,0002,513,0001,622,0001,386,0002,159,000999,000
Group Debtors2,090,0002,090,0002,088,0001,450,0001,342,0000000000242,00000
Misc Debtors2,758,0001,957,0001,378,0001,620,0001,160,0003,103,0005,653,0003,956,0004,518,0006,660,0003,585,0002,298,0001,007,000309,0001,086,000
Cash580,0002,781,0002,000,0001,342,00087,00044,000125,000136,000414,000359,000133,000293,00060,000156,000624,000
misc current assets000000000000000
total current assets11,330,00010,605,0006,206,0006,202,0004,046,0006,517,00013,708,00012,473,00012,588,00012,520,0006,258,0004,240,0002,695,0002,624,0002,726,000
total assets12,732,00013,859,00014,219,00014,672,00013,213,00014,695,00023,217,00022,796,00022,811,00025,531,00018,065,00013,359,00021,118,00021,266,00011,920,000
Bank overdraft2,255,0001,491,000639,0001,337,0004,137,0003,198,00011,550,0008,088,0005,849,0003,006,0001,509,0001,074,000563,000163,0000
Bank loan00000002,781,0000000000
Trade Creditors 2,334,0001,616,000226,000894,0001,267,0002,922,0001,115,0001,643,0001,830,0002,818,0001,208,000722,000832,000655,000671,000
Group/Directors Accounts1,598,0003,372,00000037,000003,806,0002,457,0003,053,000658,00013,097,00012,954,0000
other short term finances000000000000235,000253,000215,000
hp & lease commitments377,000346,000166,000258,000401,000342,000879,000615,00078,000103,00066,00086,0000090,000
other current liabilities2,391,0003,053,0002,777,0003,322,0001,957,0003,332,0003,937,0004,047,0006,047,0006,130,0002,394,0001,524,000919,0001,371,0001,357,000
total current liabilities8,955,0009,878,0003,808,0005,811,0007,762,0009,831,00017,481,00017,174,00017,610,00014,514,0008,230,0004,064,00015,646,00015,396,0002,333,000
loans003,107,0003,206,00001,315,0002,351,0006,150,0002,781,0003,665,0003,784,0004,056,0004,172,0004,409,0006,505,000
hp & lease commitments355,000711,000145,000268,000488,000279,000821,000940,000168,000134,000155,000216,00000135,000
Accruals and Deferred Income000000000000000
other liabilities000000000266,000569,0000000
provisions076,000000050,000126,000147,000124,000136,000150,00028,00045,000398,000
total long term liabilities355,000787,0003,252,0003,474,000488,0001,594,0003,222,0007,216,0003,096,0004,189,0004,644,0004,422,0004,200,0004,454,0007,038,000
total liabilities9,310,00010,665,0007,060,0009,285,0008,250,00011,425,00020,703,00024,390,00020,706,00018,703,00012,874,0008,486,00019,846,00019,850,0009,371,000
net assets3,422,0003,194,0007,159,0005,387,0004,963,0003,270,0002,514,000-1,594,0002,105,0006,828,0005,191,0004,873,0001,272,0001,416,0002,549,000
total shareholders funds3,422,0003,194,0007,159,0005,387,0004,963,0003,270,0002,514,000-1,594,0002,105,0006,828,0005,191,0004,873,0001,272,0001,416,0002,549,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit649,000-3,519,0002,174,000660,0002,672,0001,265,000-696,000-2,850,000-4,062,0002,448,000556,0002,106,000-600,000697,0002,614,000
Depreciation689,000435,000679,000360,000461,000598,0001,029,000815,000899,000715,000811,000730,000376,000136,000258,000
Amortisation70,000157,000309,000360,000359,000366,0001,957,000564,000577,000-587,000651,000112,000113,00052,00085,000
Tax-139,000-133,000-134,00094,000-443,00065,000708,000-42,000-117,000-222,000200,000418,00017,000-27,000-565,000
Stock134,0001,612,000-27,0000000000027,0000-17,00017,000
Debtors2,792,0002,006,000-627,000401,000-2,640,000-7,089,0001,670,000-2,00025,0006,370,0002,178,0001,285,000167,000383,0002,085,000
Creditors718,0001,390,000-668,000-373,000-1,655,0001,807,000-528,000-187,000-988,0001,610,000486,000-110,000177,000-16,000671,000
Accruals and Deferred Income-662,000276,000-545,0001,365,000-1,375,000-605,000-110,000-2,000,000-83,0003,736,000870,000605,000-452,00014,0001,357,000
Deferred Taxes & Provisions-76,00076,000000-50,000-76,000-21,00023,000-12,000-14,000122,000-17,000-353,000398,000
Cash flow from operations-1,677,000-4,936,0002,469,0002,065,0002,659,00010,535,000614,000-3,719,000-3,776,0001,318,0001,382,0002,671,000-553,000137,0002,716,000
Investing Activities
capital expenditure0000-1,935,000388,000-1,748,000-1,644,0001,324,000-998,000-4,150,000-8,254,000-270,0007,080,000-414,000
Change in Investments00000000000-16,716,000016,716,0000
cash flow from investments0000-1,935,000388,000-1,748,000-1,644,0001,324,000-998,000-4,150,0008,462,000-270,000-9,636,000-414,000
Financing Activities
Bank loans000000-2,781,0002,781,0000000000
Group/Directors Accounts-1,774,0003,372,00000-37,00037,0000-3,806,0001,349,000-596,0002,395,000-12,439,000143,00012,954,0000
Other Short Term Loans 00000000000-235,000-18,00038,000215,000
Long term loans0-3,107,000-99,0003,206,000-1,315,000-1,036,000-3,799,0003,369,000-884,000-119,000-272,000-116,000-237,000-2,096,0006,505,000
Hire Purchase and Lease Commitments-325,000746,000-215,000-363,000268,000-1,079,000145,0001,309,0009,00016,000-81,000302,0000-225,000225,000
other long term liabilities00000000-266,000-303,000569,0000000
share issue0000005,000,00000-7,00001,368,0000-2,503,000994,000
interest-282,000-313,000-268,000-330,000-536,000-574,000-904,000-807,000-544,000-582,000-438,000-291,000-311,000-650,000-494,000
cash flow from financing-2,381,000698,000-582,0002,513,000-1,620,000-2,652,000-2,339,0002,846,000-336,000-1,591,0002,173,000-11,411,000-423,0007,518,0007,445,000
cash and cash equivalents
cash-2,201,000781,000658,0001,255,00043,000-81,000-11,000-278,00055,000226,000-160,000233,000-96,000-468,000624,000
overdraft764,000852,000-698,000-2,800,000939,000-8,352,0003,462,0002,239,0002,843,0001,497,000435,000511,000400,000163,0000
change in cash-2,965,000-71,0001,356,0004,055,000-896,0008,271,000-3,473,000-2,517,000-2,788,000-1,271,000-595,000-278,000-496,000-631,000624,000

parseq limited 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 parseq limited. Get real-time insights into parseq limited'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

Parseq Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for parseq limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in S66 area or any other competitors across 12 key performance metrics.

parseq limited Ownership

PARSEQ LIMITED group structure

Parseq Limited has 6 subsidiary companies.

PARSEQ LIMITED Shareholders

parabellum midco limited 76%
craig naylor-smith 10%
alan chan 7%
robert littlewood 7%

parseq limited directors

Parseq Limited currently has 4 directors. The longest serving directors include Mr Rami Cassis (May 2006) and Mr Robert Littlewood (Feb 2019).

officercountryagestartendrole
Mr Rami CassisEngland56 years May 2006- Director
Mr Robert Littlewood43 years Feb 2019- Director
Mr Alan ChanUnited Kingdom44 years Feb 2019- Director
Mr Craig Naylor-Smith47 years Feb 2019- Director

P&L

December 2023

turnover

23.5m

+144%

operating profit

649k

-118%

gross margin

64.8%

+17.6%

turnover

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

Balance Sheet

December 2023

net assets

3.4m

+0.07%

total assets

12.7m

-0.08%

cash

580k

-0.79%

net assets

Total assets minus all liabilities

parseq limited company details

company number

05815806

Type

Private limited with Share Capital

industry

63110 - Data processing, hosting and related activities

70100 - Activities of head offices

82200 - Activities of call centres

incorporation date

May 2006

age

19

incorporated

UK

ultimate parent company

PARABELLUM MIDCO LTD

accounts

Group

last accounts submitted

December 2023

previous names

documetric limited (March 2012)

documentum limited (October 2006)

accountant

-

auditor

HAWSONS

address

parseq lowton way, hellaby, rotherham, south yorkshire, S66 8RY

Bank

NATIONAL WESTMINSTER BANK PLC, NATIONAL WESTMINSTER BANK PLC

Legal Advisor

CLARION

parseq 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 14 charges/mortgages relating to parseq limited. Currently there are 1 open charges and 13 have been satisfied in the past.

parseq 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.

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

parseq limited Companies House Filings - See Documents

datedescriptionview/download