pace solutions uk ltd

3.5

pace solutions uk ltd Company Information

Share PACE SOLUTIONS UK LTD
Live 
EstablishedMicroRapid

Company Number

06916833

Registered Address

newstead house pelham road, nottingham, NG5 1AP

Industry

Management consultancy activities (other than financial management)

 

Telephone

-

Next Accounts Due

December 2024

Group Structure

View All

Directors

Tracey Underwood15 Years

Steven Underwood13 Years

Shareholders

tracey louise underwood 95%

steven zephaniah underwood 5%

pace solutions uk ltd Estimated Valuation

£83.8k

Pomanda estimates the enterprise value of PACE SOLUTIONS UK LTD at £83.8k based on a Turnover of £180.4k and 0.46x industry multiple (adjusted for size and gross margin).

pace solutions uk ltd Estimated Valuation

£66.7k

Pomanda estimates the enterprise value of PACE SOLUTIONS UK LTD at £66.7k based on an EBITDA of £20.1k and a 3.32x industry multiple (adjusted for size and gross margin).

pace solutions uk ltd Estimated Valuation

£256.2k

Pomanda estimates the enterprise value of PACE SOLUTIONS UK LTD at £256.2k based on Net Assets of £99.2k and 2.58x industry multiple (adjusted for liquidity).

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Pace Solutions Uk Ltd Overview

Pace Solutions Uk Ltd is a live company located in nottingham, NG5 1AP with a Companies House number of 06916833. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in May 2009, it's largest shareholder is tracey louise underwood with a 95% stake. Pace Solutions Uk Ltd is a established, micro sized company, Pomanda has estimated its turnover at £180.4k with rapid growth in recent years.

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Pace Solutions Uk Ltd Health Check

Pomanda's financial health check has awarded Pace Solutions Uk Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £180.4k, make it smaller than the average company (£296.5k)

£180.4k - Pace Solutions Uk Ltd

£296.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (5.7%)

34% - Pace Solutions Uk Ltd

5.7% - Industry AVG

production

Production

with a gross margin of 25.4%, this company has a higher cost of product (55.1%)

25.4% - Pace Solutions Uk Ltd

55.1% - Industry AVG

profitability

Profitability

an operating margin of 11.2% make it more profitable than the average company (9.3%)

11.2% - Pace Solutions Uk Ltd

9.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Pace Solutions Uk Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.2k, the company has an equivalent pay structure (£40.2k)

£40.2k - Pace Solutions Uk Ltd

£40.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £90.2k, this is less efficient (£106.3k)

£90.2k - Pace Solutions Uk Ltd

£106.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 236 days, this is later than average (74 days)

236 days - Pace Solutions Uk Ltd

74 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 52 days, this is slower than average (28 days)

52 days - Pace Solutions Uk Ltd

28 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Pace Solutions Uk Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Pace Solutions Uk Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 16.3%, this is a lower level of debt than the average (55.2%)

16.3% - Pace Solutions Uk Ltd

55.2% - Industry AVG

PACE SOLUTIONS UK LTD financials

EXPORTms excel logo

Pace Solutions Uk Ltd's latest turnover from March 2023 is estimated at £180.4 thousand and the company has net assets of £99.2 thousand. According to their latest financial statements, Pace Solutions Uk Ltd has 2 employees 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 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover180,394158,180123,81775,56615,32210,33019,76938,40913,04995,689105,01129,63146,8366,533
Other Income Or Grants00000000000000
Cost Of Sales134,673118,83993,38656,68411,2757,38613,69627,2349,23967,06871,60419,20430,0624,324
Gross Profit45,72239,34130,43218,8824,0472,9446,07311,1753,80928,62133,40710,42716,7742,209
Admin Expenses25,59510,236-18,7952,4491,6338,06511,01920,57239,53618,04217,0873,568-4,179-22,494
Operating Profit20,12729,10549,22716,4332,414-5,121-4,946-9,397-35,72710,57916,3206,85920,95324,703
Interest Payable00000000000000
Interest Receivable00000005217622320520316772
Pre-Tax Profit20,12729,10549,22716,4332,414-5,121-4,946-9,345-35,55110,80116,5257,06221,12124,775
Tax-3,824-5,530-9,353-3,122-4590000-2,484-3,966-1,836-5,914-6,937
Profit After Tax16,30323,57539,87413,3111,955-5,121-4,946-9,345-35,5518,31712,5595,22615,20717,838
Dividends Paid00000000000000
Retained Profit16,30323,57539,87413,3111,955-5,121-4,946-9,345-35,5518,31712,5595,22615,20717,838
Employee Costs80,47478,78835,72736,36746,23242,96244,39649,17249,46250,21850,21948,87546,36050,028
Number Of Employees22111111111111
EBITDA*20,12729,10549,22716,4332,414-5,121-4,946-9,397-35,72711,83917,4067,19421,20224,756

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,202000000001,5431,7702,856493742
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets1,202000000001,5431,7702,856493742
Stock & work in progress00000000000000
Trade Debtors116,759105,05386,19339,9048,1224,3069,25114,2903,00027,72230,6867,65412,634868
Group Debtors00000000000000
Misc Debtors55150949124100009,50000000
Cash0000000020,66249,78839,28642,89238,22428,760
misc current assets00000712600000000
total current assets117,310105,56286,68440,1458,1224,3779,51114,29033,16277,51069,97250,54650,85829,628
total assets118,512105,56286,68440,1458,1224,3779,51114,29033,16279,05371,74253,40251,35130,370
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 19,31022,66327,36020,6951,983013389,56519,59620,55714,55918,20112,454
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities00000000000000
total current liabilities19,31022,66327,36020,6951,983013389,56519,59620,55714,55918,20112,454
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income000001931930000000
other liabilities00000000000000
provisions00000000030935457110477
total long term liabilities000001931930030935457110477
total liabilities19,31022,66327,36020,6951,983193206389,56519,90520,91115,13018,30512,531
net assets99,20282,89959,32419,4506,1394,1849,30514,25223,59759,14850,83138,27233,04617,839
total shareholders funds99,20282,89959,32419,4506,1394,1849,30514,25223,59759,14850,83138,27233,04617,839
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit20,12729,10549,22716,4332,414-5,121-4,946-9,397-35,72710,57916,3206,85920,95324,703
Depreciation0000000001,2601,08633524953
Amortisation00000000000000
Tax-3,824-5,530-9,353-3,122-4590000-2,484-3,966-1,836-5,914-6,937
Stock00000000000000
Debtors11,74818,87846,53932,0233,816-4,945-5,0391,790-15,222-2,96423,032-4,98011,766868
Creditors-3,353-4,6976,66518,7121,983-13-25-9,527-10,031-9615,998-3,6425,74712,454
Accruals and Deferred Income0000-19301930000000
Deferred Taxes & Provisions00000000-309-45-2174672777
Cash flow from operations1,202000-71-189261-20,714-30,84511,313-3,8117,1639,29629,482
Investing Activities
capital expenditure-1,20200000001,543-1,0330-2,6980-795
Change in Investments00000000000000
cash flow from investments-1,20200000001,543-1,0330-2,6980-795
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue000000-10000001
interest00000005217622320520316772
cash flow from financing000000-15217622320520316773
cash and cash equivalents
cash0000000-20,662-29,12610,502-3,6064,6689,46428,760
overdraft00000000000000
change in cash0000000-20,662-29,12610,502-3,6064,6689,46428,760

pace solutions uk 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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Pace Solutions Uk Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for pace solutions uk ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in NG5 area or any other competitors across 12 key performance metrics.

pace solutions uk ltd Ownership

PACE SOLUTIONS UK LTD group structure

Pace Solutions Uk Ltd has no subsidiary companies.

Ultimate parent company

PACE SOLUTIONS UK LTD

06916833

PACE SOLUTIONS UK LTD Shareholders

tracey louise underwood 95%
steven zephaniah underwood 5%

pace solutions uk ltd directors

Pace Solutions Uk Ltd currently has 2 directors. The longest serving directors include Mrs Tracey Underwood (May 2009) and Mr Steven Underwood (Jun 2011).

officercountryagestartendrole
Mrs Tracey UnderwoodEngland49 years May 2009- Director
Mr Steven UnderwoodUnited Kingdom57 years Jun 2011- Director

P&L

March 2023

turnover

180.4k

+14%

operating profit

20.1k

0%

gross margin

25.4%

+1.91%

turnover

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

Balance Sheet

March 2023

net assets

99.2k

+0.2%

total assets

118.5k

+0.12%

cash

0

0%

net assets

Total assets minus all liabilities

pace solutions uk ltd company details

company number

06916833

Type

Private limited with Share Capital

industry

70229 - Management consultancy activities (other than financial management)

incorporation date

May 2009

age

15

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2023

previous names

N/A

accountant

-

auditor

-

address

newstead house pelham road, nottingham, NG5 1AP

Bank

-

Legal Advisor

-

pace solutions uk 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 pace solutions uk ltd.

charges

pace solutions uk ltd Companies House Filings - See Documents

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