purmit ltd

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purmit ltd Company Information

Share PURMIT LTD

Company Number

06676056

Shareholders

harsharn kaur tatla

gurkjeet kaur tatla

Group Structure

View All

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

7 the square, harmanswater, bracknell, berks, RG12 9LP

Website

-

purmit ltd Estimated Valuation

£379.4k

Pomanda estimates the enterprise value of PURMIT LTD at £379.4k based on a Turnover of £154.2k and 2.46x industry multiple (adjusted for size and gross margin).

purmit ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of PURMIT LTD at £0 based on an EBITDA of £0 and a 4.81x industry multiple (adjusted for size and gross margin).

purmit ltd Estimated Valuation

£1.6k

Pomanda estimates the enterprise value of PURMIT LTD at £1.6k based on Net Assets of £932 and 1.75x industry multiple (adjusted for liquidity).

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Purmit Ltd Overview

Purmit Ltd is a live company located in bracknell, RG12 9LP with a Companies House number of 06676056. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2008, it's largest shareholder is harsharn kaur tatla with a 50% stake. Purmit Ltd is a established, micro sized company, Pomanda has estimated its turnover at £154.2k with rapid growth in recent years.

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Purmit Ltd Health Check

Pomanda's financial health check has awarded Purmit Ltd a 2 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 Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £154.2k, make it smaller than the average company (£804.8k)

£154.2k - Purmit Ltd

£804.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 92%, show it is growing at a faster rate (1.9%)

92% - Purmit Ltd

1.9% - Industry AVG

production

Production

with a gross margin of 33.4%, this company has a higher cost of product (75%)

33.4% - Purmit Ltd

75% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Purmit Ltd

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Purmit Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)

£30.4k - Purmit Ltd

£30.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £154.2k, this is equally as efficient (£169.1k)

£154.2k - Purmit Ltd

£169.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 115 days, this is later than average (32 days)

115 days - Purmit Ltd

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 169 days, this is slower than average (38 days)

169 days - Purmit Ltd

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Purmit Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Purmit Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 98.1%, this is a higher level of debt than the average (62.9%)

98.1% - Purmit Ltd

62.9% - Industry AVG

PURMIT LTD financials

EXPORTms excel logo

Purmit Ltd's latest turnover from March 2023 is estimated at £154.2 thousand and the company has net assets of £932. According to their latest financial statements, Purmit Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Turnover154,171144,29521,51721,757569537594
Other Income Or Grants
Cost Of Sales102,70097,19014,20014,534383357382
Gross Profit51,47147,1057,3177,223186181213
Admin Expenses51,47147,1436,2437,22318618188
Operating Profit-381,074125
Interest Payable
Interest Receivable
Pre-Tax Profit-381,074125
Tax-204-25
Profit After Tax-38870100
Dividends Paid
Retained Profit-38870100
Employee Costs30,37129,54426,84527,39226,99926,17825,572
Number Of Employees1111111
EBITDA*-381,074125

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors48,63048,6302,030100100100100
Group Debtors
Misc Debtors
Cash100
misc current assets
total current assets48,63048,6302,030100100100100100
total assets48,63048,6302,030100100100100100
Bank overdraft
Bank loan
Trade Creditors 47,69847,6981,060
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities47,69847,6981,060
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities47,69847,6981,060
net assets932932970100100100100100
total shareholders funds932932970100100100100100
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit-381,074125
Depreciation
Amortisation
Tax-204-25
Stock
Debtors46,6001,930100
Creditors46,6381,060
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100
interest
cash flow from financing-100100
cash and cash equivalents
cash-100100
overdraft
change in cash-100100

purmit 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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Purmit Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for purmit ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in RG12 area or any other competitors across 12 key performance metrics.

purmit ltd Ownership

PURMIT LTD group structure

Purmit Ltd has no subsidiary companies.

Ultimate parent company

PURMIT LTD

06676056

PURMIT LTD Shareholders

harsharn kaur tatla 50%
gurkjeet kaur tatla 50%

purmit ltd directors

Purmit Ltd currently has 3 directors. The longest serving directors include Mr Purmit Tatla (Aug 2008) and Mr Binderpal Tatla (Mar 2020).

officercountryagestartendrole
Mr Purmit TatlaUnited Kingdom61 years Aug 2008- Director
Mr Binderpal TatlaUnited Kingdom61 years Mar 2020- Director
Mr Binderpal Tatla61 years Mar 2020- Director

P&L

March 2023

turnover

154.2k

+7%

operating profit

0

0%

gross margin

33.4%

+2.27%

turnover

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

Balance Sheet

March 2023

net assets

932

0%

total assets

48.6k

0%

cash

0

0%

net assets

Total assets minus all liabilities

purmit ltd company details

company number

06676056

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

August 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2023

previous names

N/A

accountant

-

auditor

-

address

7 the square, harmanswater, bracknell, berks, RG12 9LP

Bank

-

Legal Advisor

-

purmit 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 purmit ltd.

purmit 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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purmit ltd Companies House Filings - See Documents

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