Pomanda estimates the enterprise value of PASSION DISTRIBUTION LIMITED at £11.3m based on a Turnover of £11.2m and 1.01x industry multiple (adjusted for size and gross margin).
passion distribution limitedEstimated Valuation
£2.9m
Pomanda estimates the enterprise value of PASSION DISTRIBUTION LIMITED at £2.9m based on an EBITDA of £682k and a 4.24x industry multiple (adjusted for size and gross margin).
passion distribution limitedEstimated Valuation
£8.2m
Pomanda estimates the enterprise value of PASSION DISTRIBUTION LIMITED at £8.2m based on Net Assets of £4.3m and 1.92x industry multiple (adjusted for liquidity).
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Passion Distribution LimitedOverview
Passion Distribution Limited is a live company located in carmarthenshire, SA15 3YE with a Companies House number of 06554218. It operates in the motion picture distribution activities sector, SIC Code 59131. Founded in April 2008, it's largest shareholder is
tinopolis ltd
with a 100% stake. Passion Distribution Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£11.2m with
declining
growth in recent years.
Pomanda's financial health check has awarded Passion Distribution Limited a 3 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 Rating3out of 5
2 Strong
4 Regular
5 Weak
Size
annual sales of £11.2m, make it larger than the average company (£4.1m)
£11.2m - Passion Distribution Limited
£4.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (3%)
-1% - Passion Distribution Limited
3% - Industry AVG
Production
with a gross margin of 29%, this company has a comparable cost of product (29.4%)
29% - Passion Distribution Limited
29.4% - Industry AVG
Profitability
an operating margin of -4.4% make it less profitable than the average company (1.9%)
-4.4% - Passion Distribution Limited
1.9% - Industry AVG
Employees
with 23 employees, this is similar to the industry average (22)
23 - Passion Distribution Limited
22 - Industry AVG
Pay Structure
on an average salary of £74.7k, the company has an equivalent pay structure (£75.4k)
£74.7k - Passion Distribution Limited
£75.4k - Industry AVG
Efficiency
resulting in sales per employee of £487.1k, this is more efficient (£362.5k)
£487.1k - Passion Distribution Limited
£362.5k - Industry AVG
Debtor Days
it gets paid by customers after 168 days, this is later than average (47 days)
168 days - Passion Distribution Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (31 days)
27 days - Passion Distribution Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Passion Distribution Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (5 weeks)
2 weeks - Passion Distribution Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.2%, this is a similar level of debt than the average (73.3%)
78.2% - Passion Distribution Limited
73.3% - Industry AVG
PASSION DISTRIBUTION LIMITED financials
EXPORT
Passion Distribution Limited's latest turnover from September 2023 is £11.2 million and the company has net assets of £4.3 million. According to their latest financial statements, Passion Distribution Limited has 23 employees and maintains cash reserves of £557 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
11,203,000
13,860,000
12,029,000
11,604,000
12,600,000
12,928,000
12,380,000
14,282,000
17,166,000
20,213,000
13,757,000
14,924,000
11,722,000
10,622,941
4,524,254
Other Income Or Grants
Cost Of Sales
7,952,000
9,705,000
8,922,000
8,426,000
8,636,000
9,074,000
8,980,000
10,731,000
12,713,000
15,511,000
10,493,000
11,720,000
8,952,000
7,241,400
3,555,752
Gross Profit
3,251,000
4,155,000
3,107,000
3,178,000
3,964,000
3,854,000
3,400,000
3,551,000
4,453,000
4,702,000
3,264,000
3,204,000
2,770,000
3,381,541
968,502
Admin Expenses
3,741,000
2,520,000
2,272,839
2,231,000
2,687,000
2,386,000
1,883,000
1,526,000
1,943,000
1,775,000
753,000
1,277,000
1,772,000
1,694,894
846,288
Operating Profit
-490,000
1,635,000
834,161
947,000
1,277,000
1,468,000
1,517,000
2,025,000
2,510,000
2,927,000
2,511,000
1,927,000
998,000
1,686,647
122,214
Interest Payable
1,025
Interest Receivable
86
240
Pre-Tax Profit
-490,000
1,635,000
855,000
947,000
1,277,000
1,468,000
1,517,000
2,025,000
2,510,000
2,927,000
2,511,000
1,927,000
998,000
1,685,708
111,060
Tax
-247,000
-206,000
-177,000
-168,000
-301,000
-281,000
-326,000
-463,000
-612,000
-685,000
-589,000
144,000
-489,000
-465,507
-35,050
Profit After Tax
-737,000
1,429,000
678,000
779,000
976,000
1,187,000
1,191,000
1,562,000
1,898,000
2,242,000
1,922,000
2,071,000
509,000
1,220,201
76,010
Dividends Paid
750,000
2,100,000
200,000
238,000
950,000
240,000
1,782,000
3,777,000
1,225,000
225,000
Retained Profit
-1,487,000
-671,000
678,000
579,000
738,000
1,187,000
241,000
1,322,000
116,000
-1,535,000
697,000
2,071,000
284,000
1,220,201
76,010
Employee Costs
1,718,000
1,699,000
1,586,000
1,206,000
1,371,000
1,302,000
1,224,000
1,017,000
864,000
1,255,000
730,000
944,000
601,858
679,530
658,721
Number Of Employees
23
22
21
20
18
19
17
15
17
19
15
17
12
13
11
EBITDA*
682,000
2,007,000
982,161
1,217,000
1,857,000
1,779,000
1,564,000
2,075,000
2,574,000
2,955,000
2,528,000
1,939,000
1,643,000
2,485,037
156,691
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
13,000
20,000
27,000
43,000
56,000
55,000
11,000
52,000
97,000
146,000
46,000
49,000
5,000
534,370
88,855
Intangible Assets
631,000
1,739,000
210,000
323,000
460,000
214,000
Investments & Other
Debtors (Due After 1 year)
6,096,000
6,673,000
6,285,000
5,999,000
6,153,000
676,000
420,000
119,000
1,220,000
250,000
526,000
716,000
463,000
763,698
180,852
Total Fixed Assets
6,740,000
8,432,000
6,522,000
6,365,000
6,669,000
945,000
431,000
171,000
1,317,000
396,000
572,000
765,000
468,000
1,298,068
269,707
Stock & work in progress
6,000
Trade Debtors
5,159,000
6,517,000
6,080,000
6,586,000
7,259,000
7,256,000
6,637,000
7,206,000
6,016,000
9,680,000
7,318,000
9,162,000
8,268,000
6,106,856
2,616,317
Group Debtors
87,000
19,000
2,440,000
2,181,000
1,795,000
1,835,000
555,000
Misc Debtors
7,119,000
7,048,000
7,015,000
6,392,000
6,322,000
4,964,000
5,590,000
5,209,000
5,810,000
4,149,000
3,113,000
4,043,000
955,000
1,581,304
Cash
557,000
1,392,000
2,618,000
3,134,000
1,551,000
2,531,000
1,597,000
1,824,000
2,052,000
2,603,000
2,985,000
2,571,000
886,000
527,688
305,403
misc current assets
total current assets
12,835,000
15,044,000
15,713,000
16,112,000
15,151,000
17,191,000
16,005,000
16,040,000
15,713,000
16,987,000
13,416,000
15,776,000
10,109,000
8,215,848
2,921,720
total assets
19,575,000
23,476,000
22,235,000
22,477,000
21,820,000
18,136,000
16,436,000
16,211,000
17,030,000
17,383,000
13,988,000
16,541,000
10,577,000
9,513,916
3,191,427
Bank overdraft
Bank loan
Trade Creditors
603,000
490,000
509,000
574,000
385,000
232,000
638,000
329,000
665,000
1,084,000
474,000
374,000
914,000
552,554
2,642,186
Group/Directors Accounts
2,582,000
3,483,000
1,934,000
2,615,000
3,337,000
3,831,000
3,857,000
3,692,000
1,179,000
1,488,000
other short term finances
hp & lease commitments
other current liabilities
11,059,000
12,560,000
12,149,000
12,371,000
11,460,000
9,140,000
8,387,000
9,102,000
12,595,000
13,063,000
10,051,000
13,232,000
8,988,000
5,943,362
total current liabilities
14,244,000
16,533,000
14,592,000
15,560,000
15,182,000
13,203,000
12,882,000
13,123,000
14,439,000
15,635,000
10,525,000
13,606,000
9,902,000
6,495,916
2,642,186
loans
175,000
400,000
535,639
hp & lease commitments
Accruals and Deferred Income
1,068,000
1,193,000
1,222,000
1,174,000
1,474,000
507,000
315,000
90,000
915,000
188,000
368,000
537,000
348,000
1,245,713
other liabilities
provisions
138,484
total long term liabilities
1,068,000
1,193,000
1,222,000
1,174,000
1,474,000
507,000
315,000
90,000
915,000
188,000
368,000
537,000
523,000
1,784,197
535,639
total liabilities
15,312,000
17,726,000
15,814,000
16,734,000
16,656,000
13,710,000
13,197,000
13,213,000
15,354,000
15,823,000
10,893,000
14,143,000
10,425,000
8,280,113
3,177,825
net assets
4,263,000
5,750,000
6,421,000
5,743,000
5,164,000
4,426,000
3,239,000
2,998,000
1,676,000
1,560,000
3,095,000
2,398,000
152,000
1,233,803
13,602
total shareholders funds
4,263,000
5,750,000
6,421,000
5,743,000
5,164,000
4,426,000
3,239,000
2,998,000
1,676,000
1,560,000
3,095,000
2,398,000
152,000
1,233,803
13,602
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
-490,000
1,635,000
834,161
947,000
1,277,000
1,468,000
1,517,000
2,025,000
2,510,000
2,927,000
2,511,000
1,927,000
998,000
1,686,647
122,214
Depreciation
5,000
7,000
16,000
18,000
16,000
10,000
47,000
50,000
64,000
28,000
17,000
12,000
645,000
798,390
34,477
Amortisation
1,167,000
365,000
132,000
252,000
564,000
301,000
Tax
-247,000
-206,000
-177,000
-168,000
-301,000
-281,000
-326,000
-463,000
-612,000
-685,000
-589,000
144,000
-489,000
-465,507
-35,050
Stock
-6,000
6,000
Debtors
-1,951,000
945,000
403,000
-776,000
4,417,000
508,000
499,000
-552,000
247,000
3,677,000
-2,964,000
4,235,000
1,234,142
5,654,689
2,797,169
Creditors
113,000
-19,000
-65,000
189,000
153,000
-406,000
309,000
-336,000
-419,000
610,000
100,000
-540,000
361,446
-2,089,632
2,642,186
Accruals and Deferred Income
-1,626,000
382,000
-174,000
611,000
3,287,000
945,000
-490,000
-4,318,000
259,000
2,832,000
-3,350,000
4,433,000
2,146,925
7,189,075
Deferred Taxes & Provisions
-138,484
138,484
Cash flow from operations
873,000
1,219,000
163,161
2,625,000
579,000
1,529,000
564,000
-2,496,000
1,555,000
2,035,000
1,653,000
1,741,000
2,289,745
1,602,768
-33,342
Investing Activities
capital expenditure
-57,000
-1,894,000
-19,000
-120,000
-827,000
-569,000
-6,000
-5,000
-15,000
-128,000
-14,000
-56,000
-115,000
-1,244,101
-123,332
Change in Investments
cash flow from investments
-57,000
-1,894,000
-19,000
-120,000
-827,000
-569,000
-6,000
-5,000
-15,000
-128,000
-14,000
-56,000
-115,000
-1,244,101
-123,332
Financing Activities
Bank loans
Group/Directors Accounts
-901,000
1,549,000
-681,000
-722,000
-494,000
-26,000
165,000
2,513,000
-309,000
1,488,000
Other Short Term Loans
Long term loans
-175,000
-225,000
-135,639
535,639
Hire Purchase and Lease Commitments
other long term liabilities
share issue
175,000
-1,365,803
-62,408
interest
-939
240
cash flow from financing
-901,000
1,549,000
-681,000
-722,000
-494,000
-26,000
165,000
2,513,000
-309,000
1,488,000
-1,590,803
-136,578
473,471
cash and cash equivalents
cash
-835,000
-1,226,000
-516,000
1,583,000
-980,000
934,000
-227,000
-228,000
-551,000
-382,000
414,000
1,685,000
358,312
222,285
305,403
overdraft
change in cash
-835,000
-1,226,000
-516,000
1,583,000
-980,000
934,000
-227,000
-228,000
-551,000
-382,000
414,000
1,685,000
358,312
222,285
305,403
passion distribution 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 passion distribution limited. Get real-time insights into passion distribution limited's credit score, group structure and payment trends.
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passion distribution limited Ownership
PASSION DISTRIBUTION LIMITED group structure
Passion Distribution Limited has 2 subsidiary companies.
tinopolis centre park street, llanelli, carmarthenshire, SA15 3YE
Bank
-
Legal Advisor
-
passion distribution 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 5 charges/mortgages relating to passion distribution limited. Currently there are 1 open charges and 4 have been satisfied in the past.
passion distribution 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 PASSION DISTRIBUTION LIMITED. This can take several minutes, an email will notify you when this has completed.
passion distribution limitedCompanies House Filings - See Documents
