partners in progress (uk) limited
partners in progress (uk) limited Company Information
Group Structure
View All
Industry
Dental practice activities
Registered Address
371 victoria avenue, blackley, manchester, M9 8WQ
Website
www.partnersinprogress.co.ukpartners in progress (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of PARTNERS IN PROGRESS (UK) LIMITED at £86.3k based on a Turnover of £151.9k and 0.57x industry multiple (adjusted for size and gross margin).
partners in progress (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of PARTNERS IN PROGRESS (UK) LIMITED at £52.3k based on an EBITDA of £14.6k and a 3.59x industry multiple (adjusted for size and gross margin).
partners in progress (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of PARTNERS IN PROGRESS (UK) LIMITED at £102k based on Net Assets of £32.7k and 3.11x industry multiple (adjusted for liquidity).
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Partners In Progress (uk) Limited Overview
Partners In Progress (uk) Limited is a live company located in manchester, M9 8WQ with a Companies House number of 05901433. It operates in the dental practice activities sector, SIC Code 86230. Founded in August 2006, it's largest shareholder is saira khan with a 100% stake. Partners In Progress (uk) Limited is a established, micro sized company, Pomanda has estimated its turnover at £151.9k with declining growth in recent years.
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Partners In Progress (uk) Limited Health Check
Pomanda's financial health check has awarded Partners In Progress (Uk) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £151.9k, make it smaller than the average company (£926.6k)
- Partners In Progress (uk) Limited
£926.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (2.5%)
- Partners In Progress (uk) Limited
2.5% - Industry AVG
Production
with a gross margin of 43.1%, this company has a comparable cost of product (49%)
- Partners In Progress (uk) Limited
49% - Industry AVG
Profitability
an operating margin of 9.6% make it as profitable than the average company (8.2%)
- Partners In Progress (uk) Limited
8.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (11)
3 - Partners In Progress (uk) Limited
11 - Industry AVG
Pay Structure
on an average salary of £19.9k, the company has an equivalent pay structure (£19.9k)
- Partners In Progress (uk) Limited
£19.9k - Industry AVG
Efficiency
resulting in sales per employee of £50.6k, this is less efficient (£85.6k)
- Partners In Progress (uk) Limited
£85.6k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is later than average (7 days)
- Partners In Progress (uk) Limited
7 days - Industry AVG
Creditor Days
its suppliers are paid after 134 days, this is slower than average (25 days)
- Partners In Progress (uk) Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Partners In Progress (uk) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Partners In Progress (uk) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86%, this is a higher level of debt than the average (51%)
86% - Partners In Progress (uk) Limited
51% - Industry AVG
PARTNERS IN PROGRESS (UK) LIMITED financials
Partners In Progress (Uk) Limited's latest turnover from March 2023 is estimated at £151.9 thousand and the company has net assets of £32.7 thousand. According to their latest financial statements, Partners In Progress (Uk) Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 574,692 | 1,230,190 | 1,109,863 | ||||||||||||
| Other Income Or Grants | 0 | 0 | 0 | ||||||||||||
| Cost Of Sales | 114,539 | 259,079 | 215,891 | ||||||||||||
| Gross Profit | 460,153 | 971,111 | 893,972 | ||||||||||||
| Admin Expenses | 415,647 | 953,510 | 808,233 | ||||||||||||
| Operating Profit | 44,506 | 17,601 | 85,739 | ||||||||||||
| Interest Payable | 3,829 | 24,299 | 79,358 | ||||||||||||
| Interest Receivable | 0 | 0 | 0 | ||||||||||||
| Pre-Tax Profit | 48,335 | 6,697 | 6,381 | ||||||||||||
| Tax | 0 | 0 | -1,340 | ||||||||||||
| Profit After Tax | 48,335 | 6,697 | 5,041 | ||||||||||||
| Dividends Paid | 0 | 0 | 0 | ||||||||||||
| Retained Profit | 48,335 | 6,697 | 5,041 | ||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 3 | 5 | 4 | 3 | |||||||||||
| EBITDA* | 52,012 | 33,013 | 101,657 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 230,000 | 230,000 | 235,000 | 240,000 | 140,000 | 150,665 | 165,948 | 92,439 | 101,171 | 106,684 | 104,092 | 104,092 | 104,092 | 146,209 | 507,270 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 80,000 | 85,000 | 95,000 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 230,000 | 230,000 | 235,000 | 240,000 | 140,000 | 150,665 | 165,948 | 172,439 | 186,171 | 201,684 | 104,092 | 104,092 | 104,092 | 146,209 | 507,270 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,898 | 1,867 | 0 |
| Trade Debtors | 4,532 | 0 | 3,113 | 31,000 | 0 | 0 | 0 | 95,108 | 50,280 | 0 | 0 | 0 | 47,970 | 0 | 19,483 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42,673 | 62,893 | 64,598 | 0 | 0 | 0 | 50,846 | 7,939 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,532 | 0 | 3,113 | 31,000 | 0 | 0 | 0 | 137,781 | 113,173 | 64,598 | 0 | 0 | 54,868 | 52,713 | 27,422 |
| total assets | 234,532 | 230,000 | 238,113 | 271,000 | 140,000 | 150,665 | 165,948 | 310,220 | 299,344 | 266,282 | 104,092 | 104,092 | 158,960 | 198,922 | 534,692 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29,143 | 20,961 |
| Trade Creditors | 31,786 | 33,049 | 56,750 | 56,810 | 67,510 | 55,450 | 50,294 | 39,894 | 38,115 | 23,741 | 106,864 | 106,864 | 116,289 | 7,500 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,168 | 3,199 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16,729 | 20,755 |
| total current liabilities | 31,786 | 33,049 | 56,750 | 56,810 | 67,510 | 55,450 | 50,294 | 39,894 | 38,115 | 23,741 | 106,864 | 106,864 | 116,289 | 58,540 | 44,915 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 140,179 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 170,000 | 176,006 | 175,243 | 203,064 | 203,064 | 216,211 | 216,211 | 216,211 | 216,211 | 232,414 | 45,312 | 45,312 | 89,806 | 0 | 482,877 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 170,000 | 176,006 | 175,243 | 203,064 | 203,064 | 216,211 | 216,211 | 216,211 | 216,211 | 232,414 | 45,312 | 45,312 | 89,806 | 140,179 | 482,877 |
| total liabilities | 201,786 | 209,055 | 231,993 | 259,874 | 270,574 | 271,661 | 266,505 | 256,105 | 254,326 | 256,155 | 152,176 | 152,176 | 206,095 | 198,719 | 527,792 |
| net assets | 32,746 | 20,945 | 6,120 | 11,126 | -130,574 | -120,996 | -100,557 | 54,115 | 45,018 | 10,127 | -48,084 | -48,084 | -47,135 | 203 | 6,900 |
| total shareholders funds | 32,746 | 20,945 | 6,120 | 11,126 | -130,574 | -120,996 | -100,557 | 54,115 | 45,018 | 10,127 | -48,084 | -48,084 | -47,135 | 203 | 6,900 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 44,506 | 17,601 | 85,739 | ||||||||||||
| Depreciation | 8,732 | 8,732 | 3,520 | 3,520 | 1,017 | 7,506 | 15,412 | 15,918 | |||||||
| Amortisation | 5,000 | 5,000 | 5,000 | 5,000 | 0 | 0 | 0 | 0 | |||||||
| Tax | 0 | 0 | -1,340 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6,898 | 5,031 | 1,867 | 0 |
| Debtors | 4,532 | -3,113 | -27,887 | 31,000 | 0 | 0 | -95,108 | 44,828 | 50,280 | 0 | 0 | -47,970 | 47,970 | -19,483 | 19,483 |
| Creditors | -1,263 | -23,701 | -60 | -10,700 | 12,060 | 5,156 | 10,400 | 1,779 | 14,374 | -83,123 | 0 | -9,425 | 108,789 | 7,500 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -16,729 | -4,026 | 20,755 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 91,071 | 54,103 | 101,589 | ||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -29,143 | 8,182 | 20,961 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,168 | 1,969 | 3,199 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -140,179 | 140,179 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -6,006 | 763 | -27,821 | 0 | -13,147 | 0 | 0 | 0 | -16,203 | 187,102 | 0 | -44,494 | 89,806 | -482,877 | 482,877 |
| share issue | |||||||||||||||
| interest | -3,829 | -24,299 | -79,358 | ||||||||||||
| cash flow from financing | -184,186 | -370,240 | 429,538 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -42,673 | -20,220 | -1,705 | 64,598 | 0 | 0 | -50,846 | 42,907 | 7,939 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -42,673 | -20,220 | -1,705 | 64,598 | 0 | 0 | -50,846 | 42,907 | 7,939 |
partners in progress (uk) limited Credit Report and Business Information
Partners In Progress (uk) Limited Competitor Analysis
Perform a competitor analysis for partners in progress (uk) limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in M 9 area or any other competitors across 12 key performance metrics.
partners in progress (uk) limited Ownership
PARTNERS IN PROGRESS (UK) LIMITED group structure
Partners In Progress (Uk) Limited has no subsidiary companies.
Ultimate parent company
PARTNERS IN PROGRESS (UK) LIMITED
05901433
partners in progress (uk) limited directors
Partners In Progress (Uk) Limited currently has 1 director, Dr Saira Khan serving since Mar 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Saira Khan | United Kingdom | 45 years | Mar 2012 | - | Director |
P&L
March 2023turnover
151.9k
-44%
operating profit
14.6k
0%
gross margin
43.1%
+0.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
32.7k
+0.56%
total assets
234.5k
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
partners in progress (uk) limited company details
company number
05901433
Type
Private limited with Share Capital
industry
86230 - Dental practice activities
incorporation date
August 2006
age
19
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
371 victoria avenue, blackley, manchester, M9 8WQ
Bank
HALIFAX BANK OF SCOTLAND
Legal Advisor
-
partners in progress (uk) 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 4 charges/mortgages relating to partners in progress (uk) limited. Currently there are 3 open charges and 1 have been satisfied in the past.
partners in progress (uk) 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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partners in progress (uk) limited Companies House Filings - See Documents
| date | description | view/download |
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