m. parkin tree specialists limited
m. parkin tree specialists limited Company Information
Company Number
07191602
Website
www.tree-specialists.comRegistered Address
22 beresford road, east finchley, london, N2 8AT
Industry
Logging
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
michael parkin 50%
bari tulip 50%
m. parkin tree specialists limited Estimated Valuation
Pomanda estimates the enterprise value of M. PARKIN TREE SPECIALISTS LIMITED at £2.2m based on a Turnover of £1.1m and 2x industry multiple (adjusted for size and gross margin).
m. parkin tree specialists limited Estimated Valuation
Pomanda estimates the enterprise value of M. PARKIN TREE SPECIALISTS LIMITED at £7.3k based on an EBITDA of £630 and a 11.5x industry multiple (adjusted for size and gross margin).
m. parkin tree specialists limited Estimated Valuation
Pomanda estimates the enterprise value of M. PARKIN TREE SPECIALISTS LIMITED at £718.2k based on Net Assets of £389.2k and 1.85x industry multiple (adjusted for liquidity).
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M. Parkin Tree Specialists Limited Overview
M. Parkin Tree Specialists Limited is a live company located in london, N2 8AT with a Companies House number of 07191602. It operates in the logging sector, SIC Code 02200. Founded in March 2010, it's largest shareholder is michael parkin with a 50% stake. M. Parkin Tree Specialists Limited is a established, small sized company, Pomanda has estimated its turnover at £1.1m with low growth in recent years.
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M. Parkin Tree Specialists Limited Health Check
Pomanda's financial health check has awarded M. Parkin Tree Specialists Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£5.6m)
- M. Parkin Tree Specialists Limited
£5.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (5.7%)
- M. Parkin Tree Specialists Limited
5.7% - Industry AVG
Production
with a gross margin of 26.8%, this company has a comparable cost of product (26.8%)
- M. Parkin Tree Specialists Limited
26.8% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (1.5%)
- M. Parkin Tree Specialists Limited
1.5% - Industry AVG
Employees
with 10 employees, this is similar to the industry average (12)
10 - M. Parkin Tree Specialists Limited
12 - Industry AVG
Pay Structure
on an average salary of £40.6k, the company has an equivalent pay structure (£40.6k)
- M. Parkin Tree Specialists Limited
£40.6k - Industry AVG
Efficiency
resulting in sales per employee of £109.7k, this is less efficient (£258.2k)
- M. Parkin Tree Specialists Limited
£258.2k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (46 days)
- M. Parkin Tree Specialists Limited
46 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- M. Parkin Tree Specialists Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- M. Parkin Tree Specialists Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 52 weeks, this is more cash available to meet short term requirements (15 weeks)
52 weeks - M. Parkin Tree Specialists Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.8%, this is a lower level of debt than the average (58.7%)
41.8% - M. Parkin Tree Specialists Limited
58.7% - Industry AVG
M. PARKIN TREE SPECIALISTS LIMITED financials
M. Parkin Tree Specialists Limited's latest turnover from March 2023 is estimated at £1.1 million and the company has net assets of £389.2 thousand. According to their latest financial statements, M. Parkin Tree Specialists Limited has 10 employees and maintains cash reserves of £280.1 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 413,097 | 329,849 | 325,800 | 289,623 | 400,610 | ||||||||
| Other Income Or Grants | 0 | 0 | |||||||||||
| Cost Of Sales | 0 | 0 | |||||||||||
| Gross Profit | 413,097 | 329,849 | |||||||||||
| Admin Expenses | 284,513 | 247,579 | |||||||||||
| Operating Profit | 128,584 | 82,270 | |||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | ||||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | ||||||||
| Pre-Tax Profit | 128,584 | 82,270 | 100,352 | 116,960 | 151,659 | ||||||||
| Tax | -27,612 | -19,072 | -18,720 | -17,991 | -31,306 | ||||||||
| Profit After Tax | 100,972 | 63,198 | 81,632 | 98,969 | 120,353 | ||||||||
| Dividends Paid | 100,000 | 40,000 | 40,000 | 40,000 | 45,000 | ||||||||
| Retained Profit | 972 | 23,198 | 41,632 | 58,969 | 75,353 | ||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 10 | 9 | 9 | 8 | 8 | 1 | 1 | ||||||
| EBITDA* | 142,005 | 100,166 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 89,537 | 102,926 | 118,615 | 80,969 | 78,834 | 60,371 | 57,981 | 31,989 | 41,018 | 54,439 | 72,335 | 37,357 | 16,619 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 259,615 | 259,615 | 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 |
| Total Fixed Assets | 349,152 | 362,541 | 118,615 | 80,969 | 78,834 | 60,371 | 57,981 | 31,989 | 41,018 | 54,439 | 72,335 | 37,357 | 16,619 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 38,950 | 43,695 | 19,689 | 11,247 | 11,123 | 12,511 | 55,467 | 36,050 | 21,053 | 10,278 | 39,258 | 73,922 | 48,218 |
| Group Debtors | 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 |
| Cash | 280,088 | 227,425 | 348,353 | 322,067 | 370,464 | 295,005 | 235,837 | 196,920 | 189,165 | 169,525 | 141,278 | 84,627 | 147,663 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 319,038 | 271,120 | 368,042 | 333,314 | 381,587 | 307,516 | 291,304 | 232,970 | 210,218 | 179,803 | 180,536 | 158,549 | 195,881 |
| total assets | 668,190 | 633,661 | 486,657 | 414,283 | 460,421 | 367,887 | 349,285 | 264,959 | 251,236 | 234,242 | 252,871 | 195,906 | 212,500 |
| Bank overdraft | 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 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 51,110 | 13,442 | 44,125 | 24,048 | 93,675 |
| Group/Directors Accounts | 157,755 | 96,438 | 100 | 100 | 100 | 100 | 100 | 100 | 0 | 2,275 | 10,430 | 13,301 | 3,320 |
| other short term finances | 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 | 299 | 3,640 | 6,242 | 8,844 |
| other current liabilities | 121,187 | 129,544 | 60,762 | 38,429 | 73,434 | 55,194 | 66,612 | 44,095 | 0 | 19,072 | 18,720 | 17,991 | 31,306 |
| total current liabilities | 278,942 | 225,982 | 60,862 | 38,529 | 73,534 | 55,294 | 66,712 | 44,195 | 51,110 | 35,088 | 76,915 | 61,582 | 137,145 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 278,942 | 225,982 | 60,862 | 38,529 | 73,534 | 55,294 | 66,712 | 44,195 | 51,110 | 35,088 | 76,915 | 61,582 | 137,145 |
| net assets | 389,248 | 407,679 | 425,795 | 375,754 | 386,887 | 312,593 | 282,573 | 220,764 | 200,126 | 199,154 | 175,956 | 134,324 | 75,355 |
| total shareholders funds | 389,248 | 407,679 | 425,795 | 375,754 | 386,887 | 312,593 | 282,573 | 220,764 | 200,126 | 199,154 | 175,956 | 134,324 | 75,355 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 128,584 | 82,270 | |||||||||||
| Depreciation | 29,846 | 34,309 | 39,538 | 25,655 | 25,861 | 19,317 | 15,870 | 10,413 | 13,421 | 17,896 | 24,112 | 14,275 | 5,473 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -27,612 | -19,072 | -18,720 | -17,991 | -31,306 | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -4,745 | 24,006 | 8,442 | 124 | -1,388 | -42,956 | 19,417 | 14,997 | 10,775 | -28,980 | -34,664 | 25,704 | 48,218 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -51,110 | 37,668 | -30,683 | 20,077 | -69,627 | 93,675 |
| Accruals and Deferred Income | -8,357 | 68,782 | 22,333 | -35,005 | 18,240 | -11,418 | 22,517 | 44,095 | -19,072 | 352 | 729 | -13,315 | 31,306 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 122,214 | 79,743 | |||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 259,615 | 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 |
| Group/Directors Accounts | 61,317 | 96,338 | 0 | 0 | 0 | 0 | 0 | 100 | -2,275 | -8,155 | -2,871 | 9,981 | 3,320 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -299 | -3,341 | -2,602 | -2,602 | 8,844 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | ||||||||
| cash flow from financing | -2,574 | -11,496 | -5,473 | 7,379 | 12,166 | ||||||||
| cash and cash equivalents | |||||||||||||
| cash | 52,663 | -120,928 | 26,286 | -48,397 | 75,459 | 59,168 | 38,917 | 7,755 | 19,640 | 28,247 | 56,651 | -63,036 | 147,663 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 52,663 | -120,928 | 26,286 | -48,397 | 75,459 | 59,168 | 38,917 | 7,755 | 19,640 | 28,247 | 56,651 | -63,036 | 147,663 |
m. parkin tree specialists limited Credit Report and Business Information
M. Parkin Tree Specialists Limited Competitor Analysis
Perform a competitor analysis for m. parkin tree specialists limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in N 2 area or any other competitors across 12 key performance metrics.
m. parkin tree specialists limited Ownership
M. PARKIN TREE SPECIALISTS LIMITED group structure
M. Parkin Tree Specialists Limited has no subsidiary companies.
Ultimate parent company
M. PARKIN TREE SPECIALISTS LIMITED
07191602
m. parkin tree specialists limited directors
M. Parkin Tree Specialists Limited currently has 2 directors. The longest serving directors include Mr Michael Parkin (Mar 2010) and Miss Bari Tulip (Apr 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Parkin | United Kingdom | 57 years | Mar 2010 | - | Director |
| Miss Bari Tulip | 63 years | Apr 2021 | - | Director |
P&L
March 2023turnover
1.1m
-4%
operating profit
-29.2k
0%
gross margin
26.8%
+45.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
389.2k
-0.05%
total assets
668.2k
+0.05%
cash
280.1k
+0.23%
net assets
Total assets minus all liabilities
m. parkin tree specialists limited company details
company number
07191602
Type
Private limited with Share Capital
industry
02200 - Logging
incorporation date
March 2010
age
14
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
22 beresford road, east finchley, london, N2 8AT
accountant
R M HORN & CO
auditor
-
m. parkin tree specialists 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 did not find charges/mortgages relating to m. parkin tree specialists limited.
m. parkin tree specialists limited Companies House Filings - See Documents
| date | description | view/download |
|---|
