palladium associates limited
palladium associates limited Company Information
Company Number
07222594
Registered Address
vantage point 4 hardman street, spinningfields, manchester, M3 3HF
Industry
Public order and safety activities
Telephone
01706344007
Next Accounts Due
January 2025
Group Structure
View All
Directors
Edward Smethurst14 Years
Shareholders
edward gerald smethurst 100%
palladium associates limited Estimated Valuation
Pomanda estimates the enterprise value of PALLADIUM ASSOCIATES LIMITED at £0 based on a Turnover of £2.9m and -0.17x industry multiple (adjusted for size and gross margin).
palladium associates limited Estimated Valuation
Pomanda estimates the enterprise value of PALLADIUM ASSOCIATES LIMITED at £111.5k based on an EBITDA of £-102.1k and a -1.09x industry multiple (adjusted for size and gross margin).
palladium associates limited Estimated Valuation
Pomanda estimates the enterprise value of PALLADIUM ASSOCIATES LIMITED at £621.8k based on Net Assets of £250.3k and 2.48x industry multiple (adjusted for liquidity).
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Palladium Associates Limited Overview
Palladium Associates Limited is a live company located in manchester, M3 3HF with a Companies House number of 07222594. It operates in the public order and safety activities sector, SIC Code 84240. Founded in April 2010, it's largest shareholder is edward gerald smethurst with a 100% stake. Palladium Associates Limited is a established, small sized company, Pomanda has estimated its turnover at £2.9m with rapid growth in recent years.
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Palladium Associates Limited Health Check
Pomanda's financial health check has awarded Palladium Associates Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £2.9m, make it larger than the average company (£480.6k)
- Palladium Associates Limited
£480.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (6.5%)
- Palladium Associates Limited
6.5% - Industry AVG
Production
with a gross margin of 11.6%, this company has a higher cost of product (17%)
- Palladium Associates Limited
17% - Industry AVG
Profitability
an operating margin of -3.5% make it less profitable than the average company (3.9%)
- Palladium Associates Limited
3.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (11)
1 - Palladium Associates Limited
11 - Industry AVG
Pay Structure
on an average salary of £31k, the company has an equivalent pay structure (£31k)
- Palladium Associates Limited
£31k - Industry AVG
Efficiency
resulting in sales per employee of £2.9m, this is more efficient (£48.9k)
- Palladium Associates Limited
£48.9k - Industry AVG
Debtor Days
it gets paid by customers after 143 days, this is later than average (42 days)
- Palladium Associates Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 127 days, this is slower than average (40 days)
- Palladium Associates Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Palladium Associates Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (30 weeks)
0 weeks - Palladium Associates Limited
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.4%, this is a higher level of debt than the average (67.7%)
78.4% - Palladium Associates Limited
67.7% - Industry AVG
palladium associates limited Credit Report and Business Information
Palladium Associates Limited Competitor Analysis
Perform a competitor analysis for palladium associates limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
palladium associates limited Ownership
PALLADIUM ASSOCIATES LIMITED group structure
Palladium Associates Limited has 1 subsidiary company.
Ultimate parent company
PALLADIUM ASSOCIATES LIMITED
07222594
1 subsidiary
palladium associates limited directors
Palladium Associates Limited currently has 1 director, Mr Edward Smethurst serving since Apr 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Edward Smethurst | United Kingdom | 55 years | Apr 2010 | - | Director |
PALLADIUM ASSOCIATES LIMITED financials
Palladium Associates Limited's latest turnover from April 2023 is estimated at £2.9 million and the company has net assets of £250.3 thousand. According to their latest financial statements, Palladium Associates Limited has 1 employee and maintains cash reserves of £4.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,329,880 | 1,704,043 | 1,426,998 | 485,838 | 380,451 | 283,577 | 460,478 | 471,480 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 1,033,165 | 1,283,533 | 1,010,611 | 380,752 | 199,172 | 314,288 | 393,728 | ||||||
| Gross Profit | 296,715 | 420,510 | 416,387 | 105,086 | 84,405 | 146,190 | 77,752 | ||||||
| Admin Expenses | 169,371 | 273,003 | 252,499 | 59,375 | 60,909 | 113,125 | |||||||
| Operating Profit | 127,344 | 147,507 | 163,888 | 45,711 | 51,404 | 23,496 | 33,065 | ||||||
| Interest Payable | 0 | 0 | 0 | 0 | 12 | 4 | 43 | 217 | |||||
| Interest Receivable | 0 | 0 | 0 | 2 | 20 | 0 | 0 | 0 | |||||
| Pre-Tax Profit | 127,344 | 147,507 | 163,888 | 45,713 | 51,412 | 23,492 | 33,065 | 14,473 | |||||
| Tax | -28,930 | -31,404 | -36,707 | -10,514 | -10,723 | -5,754 | -14,934 | -1,376 | |||||
| Profit After Tax | 98,414 | 116,103 | 127,181 | 35,199 | 40,689 | 17,738 | 18,131 | 13,097 | |||||
| Dividends Paid | 0 | 16,000 | 45,000 | 5,000 | 0 | 4,000 | 8,000 | 10,000 | |||||
| Retained Profit | 98,414 | 100,103 | 82,181 | 30,199 | 40,689 | 13,738 | 10,131 | 3,097 | |||||
| Employee Costs | 56,958 | 114,842 | 123,000 | 0 | 0 | 0 | 5,447 | 0 | |||||
| Number Of Employees | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 2 | 2 | 1 | |||
| EBITDA* | 128,281 | 150,188 | 168,280 | 49,111 | 53,315 | 25,438 | 35,211 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,613 | 3,074 | 3,616 | 4,254 | 4,947 | 5,753 | 6,690 | 7,684 | 11,360 | 14,760 | 15,721 | 17,663 | 18,066 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 100 | 100 | 100 | 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 | 2,613 | 3,074 | 3,616 | 4,254 | 4,947 | 5,853 | 6,790 | 7,784 | 11,360 | 14,760 | 15,721 | 17,663 | 18,066 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 137,435 | 30,423 | 2,650 | 0 | 15,932 | 34,000 |
| Trade Debtors | 1,149,388 | 971,139 | 551,450 | 323,625 | 627,652 | 270,953 | 173,506 | 171,228 | 95,633 | 154,939 | 38,006 | 20,943 | 5,247 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 282,452 | 318,876 | 109,498 | 3,595 | 0 | 0 | 3,585 | 0 |
| Cash | 4,152 | 6,902 | 6,411 | 155,248 | 48,091 | 10,935 | 49,088 | 62,916 | 8,211 | 13,075 | 27,783 | 13,915 | 174,614 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,153,540 | 978,041 | 557,861 | 478,873 | 675,743 | 564,340 | 541,470 | 481,077 | 137,862 | 170,664 | 65,789 | 54,375 | 213,861 |
| total assets | 1,156,153 | 981,115 | 561,477 | 483,127 | 680,690 | 570,193 | 548,260 | 488,861 | 149,222 | 185,424 | 81,510 | 72,038 | 231,927 |
| 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 | 904,897 | 627,488 | 237,519 | 105,137 | 221,613 | 101,260 | 145,969 | 221,493 | 143 | 16,963 | 15,335 | 29,687 | 149,555 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 10,816 | 0 | 3,361 | 712 | 23,235 | 746 | 396 | 4,351 |
| 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 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 65,973 | 108,316 | 69,935 | 35,741 | 62,119 | 22,819 | 12,694 | 62,424 |
| total current liabilities | 904,897 | 627,488 | 237,519 | 105,137 | 221,613 | 178,049 | 254,285 | 294,789 | 36,596 | 102,317 | 38,900 | 42,777 | 216,330 |
| 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 | 939 | 939 | 939 | 939 | 939 | 1,092 | 1,337 | 1,537 | 2,272 | 2,952 | 3,144 | 3,533 | 0 |
| total long term liabilities | 939 | 939 | 939 | 939 | 939 | 1,092 | 1,337 | 1,537 | 2,272 | 2,952 | 3,144 | 3,533 | 0 |
| total liabilities | 905,836 | 628,427 | 238,458 | 106,076 | 222,552 | 179,141 | 255,622 | 296,326 | 38,868 | 105,269 | 42,044 | 46,310 | 216,330 |
| net assets | 250,317 | 352,688 | 323,019 | 377,051 | 458,138 | 391,052 | 292,638 | 192,535 | 110,354 | 80,155 | 39,466 | 25,728 | 15,597 |
| total shareholders funds | 250,317 | 352,688 | 323,019 | 377,051 | 458,138 | 391,052 | 292,638 | 192,535 | 110,354 | 80,155 | 39,466 | 25,728 | 15,597 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 127,344 | 147,507 | 163,888 | 45,711 | 51,404 | 23,496 | 33,065 | ||||||
| Depreciation | 461 | 542 | 638 | 693 | 0 | 937 | 2,681 | 4,392 | 3,400 | 1,911 | 1,942 | 2,146 | 2,599 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -28,930 | -31,404 | -36,707 | -10,514 | -10,723 | -5,754 | -14,934 | -1,376 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -137,435 | 107,012 | 27,773 | 2,650 | -15,932 | -18,068 | 34,000 |
| Debtors | 178,249 | 419,689 | 227,825 | -304,027 | 74,247 | 61,023 | 211,656 | 181,498 | -55,711 | 116,933 | 13,478 | 19,281 | 5,247 |
| Creditors | 277,409 | 389,969 | 132,382 | -116,476 | 120,353 | -44,709 | -75,524 | 221,350 | -16,820 | 1,628 | -14,352 | -119,868 | 149,555 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -65,973 | -42,343 | 38,381 | 34,194 | -26,378 | 39,300 | 10,125 | -49,730 | 62,424 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -153 | -245 | -200 | -735 | -680 | -192 | -389 | 3,533 | 0 |
| Cash flow from operations | -48,969 | 7,220 | 97,872 | 22,657 | -36,255 | 17,522 | -147,001 | ||||||
| Investing Activities | |||||||||||||
| capital expenditure | 0 | -1,687 | -816 | 0 | -950 | 0 | -1,937 | -20,665 | |||||
| Change in Investments | 0 | 0 | 0 | 0 | -100 | 0 | 0 | 100 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | -1,687 | -916 | 0 | -950 | 0 | -1,937 | -20,665 | |||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -10,816 | 10,816 | -3,361 | 2,649 | -22,523 | 22,489 | 350 | -3,955 | 4,351 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | 0 | 0 | 0 | 2 | 8 | -4 | -43 | -217 | |||||
| cash flow from financing | 10,816 | -3,361 | 2,649 | -22,521 | 22,497 | 346 | -3,998 | 16,634 | |||||
| cash and cash equivalents | |||||||||||||
| cash | -2,750 | 491 | -148,837 | 107,157 | 37,156 | -38,153 | -13,828 | 54,705 | -4,864 | -14,708 | 13,868 | -160,699 | 174,614 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,750 | 491 | -148,837 | 107,157 | 37,156 | -38,153 | -13,828 | 54,705 | -4,864 | -14,708 | 13,868 | -160,699 | 174,614 |
P&L
April 2023turnover
2.9m
-8%
operating profit
-102.6k
0%
gross margin
11.6%
+30.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
250.3k
-0.29%
total assets
1.2m
+0.18%
cash
4.2k
-0.4%
net assets
Total assets minus all liabilities
Similar Companies
palladium associates limited company details
company number
07222594
Type
Private limited with Share Capital
industry
84240 - Public order and safety activities
incorporation date
April 2010
age
14
accounts
Unaudited Abridged
ultimate parent company
previous names
palladium associates plc (April 2020)
incorporated
UK
address
vantage point 4 hardman street, spinningfields, manchester, M3 3HF
last accounts submitted
April 2023
palladium associates 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 palladium associates limited.
palladium associates limited Companies House Filings - See Documents
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