pace solutions uk ltd Company Information
Company Number
06916833
Website
www.pacesolutionsuk.comRegistered 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
Shareholders
tracey louise underwood 95%
steven zephaniah underwood 5%
pace solutions uk ltd Estimated Valuation
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
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
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
4 Strong
1 Regular
5 Weak
Size
annual sales of £180.4k, make it smaller than the average company (£296.5k)
- Pace Solutions Uk Ltd
£296.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (5.7%)
- Pace Solutions Uk Ltd
5.7% - Industry AVG
Production
with a gross margin of 25.4%, this company has a higher cost of product (55.1%)
- Pace Solutions Uk Ltd
55.1% - Industry AVG
Profitability
an operating margin of 11.2% make it more profitable than the average company (9.3%)
- Pace Solutions Uk Ltd
9.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Pace Solutions Uk Ltd
4 - Industry AVG
Pay Structure
on an average salary of £40.2k, the company has an equivalent pay structure (£40.2k)
- Pace Solutions Uk Ltd
£40.2k - Industry AVG
Efficiency
resulting in sales per employee of £90.2k, this is less efficient (£106.3k)
- Pace Solutions Uk Ltd
£106.3k - Industry AVG
Debtor Days
it gets paid by customers after 236 days, this is later than average (74 days)
- Pace Solutions Uk Ltd
74 days - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is slower than average (28 days)
- Pace Solutions Uk Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pace Solutions Uk Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Pace Solutions Uk Ltd
- - Industry AVG
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
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 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 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 2 | 2 | 1 | 1 | ||||||||||
EBITDA* |
* 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 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,202 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,543 | 1,770 | 2,856 | 493 | 742 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 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 |
Total Fixed Assets | 1,202 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,543 | 1,770 | 2,856 | 493 | 742 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 116,759 | 105,053 | 86,193 | 39,904 | 8,122 | 4,306 | 9,251 | 14,290 | 3,000 | 27,722 | 30,686 | 7,654 | 12,634 | 868 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 551 | 509 | 491 | 241 | 0 | 0 | 0 | 0 | 9,500 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,662 | 49,788 | 39,286 | 42,892 | 38,224 | 28,760 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 71 | 260 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 117,310 | 105,562 | 86,684 | 40,145 | 8,122 | 4,377 | 9,511 | 14,290 | 33,162 | 77,510 | 69,972 | 50,546 | 50,858 | 29,628 |
total assets | 118,512 | 105,562 | 86,684 | 40,145 | 8,122 | 4,377 | 9,511 | 14,290 | 33,162 | 79,053 | 71,742 | 53,402 | 51,351 | 30,370 |
Bank overdraft | 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 | 0 |
Trade Creditors | 19,310 | 22,663 | 27,360 | 20,695 | 1,983 | 0 | 13 | 38 | 9,565 | 19,596 | 20,557 | 14,559 | 18,201 | 12,454 |
Group/Directors Accounts | 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 | 0 |
hp & lease commitments | 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 | 0 |
total current liabilities | 19,310 | 22,663 | 27,360 | 20,695 | 1,983 | 0 | 13 | 38 | 9,565 | 19,596 | 20,557 | 14,559 | 18,201 | 12,454 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 193 | 193 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 309 | 354 | 571 | 104 | 77 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 193 | 193 | 0 | 0 | 309 | 354 | 571 | 104 | 77 |
total liabilities | 19,310 | 22,663 | 27,360 | 20,695 | 1,983 | 193 | 206 | 38 | 9,565 | 19,905 | 20,911 | 15,130 | 18,305 | 12,531 |
net assets | 99,202 | 82,899 | 59,324 | 19,450 | 6,139 | 4,184 | 9,305 | 14,252 | 23,597 | 59,148 | 50,831 | 38,272 | 33,046 | 17,839 |
total shareholders funds | 99,202 | 82,899 | 59,324 | 19,450 | 6,139 | 4,184 | 9,305 | 14,252 | 23,597 | 59,148 | 50,831 | 38,272 | 33,046 | 17,839 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,260 | 1,086 | 335 | 249 | 53 | |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 11,748 | 18,878 | 46,539 | 32,023 | 3,816 | -4,945 | -5,039 | 1,790 | -15,222 | -2,964 | 23,032 | -4,980 | 11,766 | 868 |
Creditors | -3,353 | -4,697 | 6,665 | 18,712 | 1,983 | -13 | -25 | -9,527 | -10,031 | -961 | 5,998 | -3,642 | 5,747 | 12,454 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | -193 | 0 | 193 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -309 | -45 | -217 | 467 | 27 | 77 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 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 | 0 | 0 |
Group/Directors Accounts | 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 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20,662 | -29,126 | 10,502 | -3,606 | 4,668 | 9,464 | 28,760 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20,662 | -29,126 | 10,502 | -3,606 | 4,668 | 9,464 | 28,760 |
pace solutions uk ltd Credit Report and Business Information
Pace Solutions Uk Ltd Competitor Analysis
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 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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Tracey Underwood | England | 49 years | May 2009 | - | Director |
Mr Steven Underwood | United Kingdom | 57 years | Jun 2011 | - | Director |
P&L
March 2023turnover
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 2023net 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
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.
pace solutions uk ltd Companies House Filings - See Documents
date | description | view/download |
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