psp partnership ltd
psp partnership ltd Company Information
Company Number
07588298
Next Accounts
79 days late
Directors
Shareholders
philip spencer
charlie spencer
View AllGroup Structure
View All
Industry
Buying and selling of own real estate
Registered Address
249 cranbrook road, ilford, essex, IG1 4TG
psp partnership ltd Estimated Valuation
Pomanda estimates the enterprise value of PSP PARTNERSHIP LTD at £200.9k based on a Turnover of £67.3k and 2.98x industry multiple (adjusted for size and gross margin).
psp partnership ltd Estimated Valuation
Pomanda estimates the enterprise value of PSP PARTNERSHIP LTD at £0 based on an EBITDA of £-122.1k and a 6.4x industry multiple (adjusted for size and gross margin).
psp partnership ltd Estimated Valuation
Pomanda estimates the enterprise value of PSP PARTNERSHIP LTD at £116.4k based on Net Assets of £73.9k and 1.58x industry multiple (adjusted for liquidity).
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Psp Partnership Ltd Overview
Psp Partnership Ltd is a live company located in essex, IG1 4TG with a Companies House number of 07588298. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in April 2011, it's largest shareholder is philip spencer with a 83.6% stake. Psp Partnership Ltd is a established, micro sized company, Pomanda has estimated its turnover at £67.3k with declining growth in recent years.
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Psp Partnership Ltd Health Check
Pomanda's financial health check has awarded Psp Partnership Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £67.3k, make it smaller than the average company (£823.4k)
- Psp Partnership Ltd
£823.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (2.1%)
- Psp Partnership Ltd
2.1% - Industry AVG
Production
with a gross margin of 68.5%, this company has a comparable cost of product (68.5%)
- Psp Partnership Ltd
68.5% - Industry AVG
Profitability
an operating margin of -185.5% make it less profitable than the average company (31.5%)
- Psp Partnership Ltd
31.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Psp Partnership Ltd
4 - Industry AVG
Pay Structure
on an average salary of £35.2k, the company has an equivalent pay structure (£35.2k)
- Psp Partnership Ltd
£35.2k - Industry AVG
Efficiency
resulting in sales per employee of £67.3k, this is less efficient (£192.2k)
- Psp Partnership Ltd
£192.2k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (26 days)
- Psp Partnership Ltd
26 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Psp Partnership Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Psp Partnership Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Psp Partnership Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89%, this is a higher level of debt than the average (64.8%)
89% - Psp Partnership Ltd
64.8% - Industry AVG
PSP PARTNERSHIP LTD financials
Psp Partnership Ltd's latest turnover from April 2023 is estimated at £67.3 thousand and the company has net assets of £73.9 thousand. According to their latest financial statements, Psp Partnership Ltd has 1 employee and maintains cash reserves of £3 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,246 | 8,652 | 11,536 | 6,857 | 2,163 | 2,686 | 992 | |||||
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 8,246 | 8,652 | 11,536 | 6,857 | 2,163 | 2,686 | 992 | |||||
| Stock & work in progress | ||||||||||||
| Trade Debtors | 179 | 1,766 | 126,431 | 133,198 | 352,649 | |||||||
| Group Debtors | 234,855 | 330,000 | 330,000 | 135,000 | ||||||||
| Misc Debtors | 427,363 | 426,851 | 1,838 | 307 | 1,571 | 1,571 | 1,571 | |||||
| Cash | 3,043 | 2,415 | 74,415 | 1,666 | 786 | 2,455 | 2,354 | 54 | 826 | 2,778 | 17,185 | 198 |
| misc current assets | ||||||||||||
| total current assets | 665,440 | 759,266 | 404,415 | 3,504 | 1,093 | 4,026 | 138,925 | 1,625 | 2,592 | 129,209 | 150,383 | 352,847 |
| total assets | 673,686 | 767,918 | 415,951 | 10,361 | 3,256 | 6,712 | 139,917 | 1,625 | 2,592 | 129,209 | 150,383 | 352,847 |
| Bank overdraft | ||||||||||||
| Bank loan | 25,050 | |||||||||||
| Trade Creditors | 5,850 | 360 | 3,296 | 4,266 | 769 | 181 | 1,207 | 2,269 | 70,741 | 46,857 | 350,899 | |
| Group/Directors Accounts | ||||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 574,701 | 514,767 | 87,082 | 67,812 | 162,305 | 100,916 | 274,366 | 1,760 | ||||
| total current liabilities | 599,751 | 520,617 | 87,442 | 71,108 | 166,571 | 101,685 | 274,547 | 2,967 | 2,269 | 70,741 | 46,857 | 350,899 |
| loans | 45,000 | 50,000 | ||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | ||||||||||||
| provisions | ||||||||||||
| total long term liabilities | 45,000 | 50,000 | ||||||||||
| total liabilities | 599,751 | 565,617 | 137,442 | 71,108 | 166,571 | 101,685 | 274,547 | 2,967 | 2,269 | 70,741 | 46,857 | 350,899 |
| net assets | 73,935 | 202,301 | 278,509 | -60,747 | -163,315 | -94,973 | -134,630 | -1,342 | 323 | 58,468 | 103,526 | 1,948 |
| total shareholders funds | 73,935 | 202,301 | 278,509 | -60,747 | -163,315 | -94,973 | -134,630 | -1,342 | 323 | 58,468 | 103,526 | 1,948 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 2,746 | 2,884 | 3,845 | 2,286 | 523 | 895 | 331 | |||||
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | ||||||||||||
| Debtors | -94,454 | 426,851 | 328,162 | 1,531 | -1,264 | -135,000 | 135,000 | -195 | -124,665 | -6,767 | -219,451 | 352,649 |
| Creditors | -5,850 | 5,490 | -2,936 | -970 | 3,497 | 588 | -1,026 | -1,062 | -68,472 | 23,884 | -304,042 | 350,899 |
| Accruals and Deferred Income | 59,934 | 427,685 | 19,270 | -94,493 | 61,389 | -173,450 | 272,606 | 1,760 | ||||
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 25,050 | |||||||||||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | -45,000 | -5,000 | 50,000 | |||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | ||||||||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 628 | -72,000 | 72,749 | 880 | -1,669 | 101 | 2,300 | -772 | -1,952 | -14,407 | 16,987 | 198 |
| overdraft | ||||||||||||
| change in cash | 628 | -72,000 | 72,749 | 880 | -1,669 | 101 | 2,300 | -772 | -1,952 | -14,407 | 16,987 | 198 |
psp partnership ltd Credit Report and Business Information
Psp Partnership Ltd Competitor Analysis
Perform a competitor analysis for psp partnership ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in IG1 area or any other competitors across 12 key performance metrics.
psp partnership ltd Ownership
PSP PARTNERSHIP LTD group structure
Psp Partnership Ltd has no subsidiary companies.
Ultimate parent company
PSP PARTNERSHIP LTD
07588298
psp partnership ltd directors
Psp Partnership Ltd currently has 1 director, Mr Philip Spencer serving since Oct 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Spencer | 68 years | Oct 2011 | - | Director |
P&L
April 2023turnover
67.3k
-38%
operating profit
-124.9k
0%
gross margin
68.6%
+2.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
73.9k
-0.63%
total assets
673.7k
-0.12%
cash
3k
+0.26%
net assets
Total assets minus all liabilities
psp partnership ltd company details
company number
07588298
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
April 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
westgate house (harlow) limited (April 2012)
accountant
-
auditor
-
address
249 cranbrook road, ilford, essex, IG1 4TG
Bank
-
Legal Advisor
-
psp partnership 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 psp partnership ltd.
psp partnership 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.
Click to start generating capital raising & share issue transactions for PSP PARTNERSHIP LTD. This can take several minutes, an email will notify you when this has completed.
psp partnership ltd Companies House Filings - See Documents
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