mike parry promotions ltd
mike parry promotions ltd Company Information
Group Structure
View All
Industry
Television programming and broadcasting activities
Registered Address
310 stafford road, croydon, surrey, CR0 4NH
Website
-mike parry promotions ltd Estimated Valuation
Pomanda estimates the enterprise value of MIKE PARRY PROMOTIONS LTD at £19k based on a Turnover of £44.5k and 0.43x industry multiple (adjusted for size and gross margin).
mike parry promotions ltd Estimated Valuation
Pomanda estimates the enterprise value of MIKE PARRY PROMOTIONS LTD at £32.2k based on an EBITDA of £16.7k and a 1.93x industry multiple (adjusted for size and gross margin).
mike parry promotions ltd Estimated Valuation
Pomanda estimates the enterprise value of MIKE PARRY PROMOTIONS LTD at £1.9k based on Net Assets of £978 and 1.95x industry multiple (adjusted for liquidity).
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Mike Parry Promotions Ltd Overview
Mike Parry Promotions Ltd is a live company located in surrey, CR0 4NH with a Companies House number of 07608588. It operates in the television programming and broadcasting activities sector, SIC Code 60200. Founded in April 2011, it's largest shareholder is michael alan parry with a 100% stake. Mike Parry Promotions Ltd is a established, micro sized company, Pomanda has estimated its turnover at £44.5k with healthy growth in recent years.
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Mike Parry Promotions Ltd Health Check
Pomanda's financial health check has awarded Mike Parry Promotions Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £44.5k, make it smaller than the average company (£6.8m)
- Mike Parry Promotions Ltd
£6.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (2.5%)
- Mike Parry Promotions Ltd
2.5% - Industry AVG
Production
with a gross margin of 20.8%, this company has a higher cost of product (42.7%)
- Mike Parry Promotions Ltd
42.7% - Industry AVG
Profitability
an operating margin of 37.6% make it more profitable than the average company (2.5%)
- Mike Parry Promotions Ltd
2.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - Mike Parry Promotions Ltd
14 - Industry AVG
Pay Structure
on an average salary of £62.6k, the company has an equivalent pay structure (£62.6k)
- Mike Parry Promotions Ltd
£62.6k - Industry AVG
Efficiency
resulting in sales per employee of £44.5k, this is less efficient (£240k)
- Mike Parry Promotions Ltd
£240k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is later than average (41 days)
- Mike Parry Promotions Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is slower than average (36 days)
- Mike Parry Promotions Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mike Parry Promotions Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mike Parry Promotions Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.3%, this is a higher level of debt than the average (64%)
85.3% - Mike Parry Promotions Ltd
64% - Industry AVG
MIKE PARRY PROMOTIONS LTD financials
Mike Parry Promotions Ltd's latest turnover from March 2024 is estimated at £44.5 thousand and the company has net assets of £978. According to their latest financial statements, Mike Parry Promotions Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 34,524 | 23,523 | 86,688 | 108,786 | 120,953 | 80,712 | 35,513 | 10,436 | 21,454 | 104,461 | |||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | 7,987 | 1,887 | 7,450 | 14,272 | -6,135 | 3,989 | 228 | 320 | 1,309 | 2,731 | |||
| Gross Profit | 26,537 | 21,636 | 79,238 | 94,514 | 127,088 | 76,723 | 35,285 | 10,116 | 20,145 | 101,730 | |||
| Admin Expenses | 22,207 | 25,218 | 34,297 | 35,149 | 37,063 | 30,016 | 19,968 | 14,896 | -1,019 | ||||
| Operating Profit | 4,330 | -3,582 | 44,941 | 59,365 | 90,025 | 46,707 | 15,317 | -4,780 | 21,164 | ||||
| Interest Payable | 347 | 584 | 169 | 118 | 258 | 57 | |||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | 4,330 | -3,582 | 44,594 | 58,781 | 89,856 | 46,589 | 15,059 | -4,837 | 21,164 | 29,037 | |||
| Tax | -169 | -8,501 | -11,242 | -17,979 | -9,390 | -3,012 | 968 | -4,233 | -5,851 | ||||
| Profit After Tax | 4,161 | -3,582 | 36,093 | 47,539 | 71,877 | 37,199 | 12,047 | -3,869 | 16,931 | 23,186 | |||
| Dividends Paid | 39,000 | 47,000 | 75,000 | 36,000 | 10,000 | 10,700 | 16,000 | 12,000 | |||||
| Retained Profit | 4,161 | -3,582 | -2,907 | 539 | -3,123 | 1,199 | 2,047 | -14,569 | 931 | 11,186 | |||
| Employee Costs | 12,443 | 12,465 | 12,000 | 12,000 | 11,600 | 9,600 | 4,200 | 8,184 | 19,733 | ||||
| Number Of Employees | 1 | 1 | 1 | ||||||||||
| EBITDA* | 4,396 | -3,509 | 45,022 | 59,455 | 90,125 | 46,818 | 15,317 | -4,780 | 21,164 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 424 | 472 | 531 | 589 | 655 | 728 | 809 | 899 | 999 | ||||
| Intangible Assets | |||||||||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 424 | 472 | 531 | 589 | 655 | 728 | 809 | 899 | 999 | ||||
| Stock & work in progress | 840 | 3,000 | 10,000 | ||||||||||
| Trade Debtors | 6,228 | 6,647 | 12,032 | 3,200 | 11,082 | 7,692 | 4,530 | 1,686 | 24,950 | 1,757 | |||
| Group Debtors | |||||||||||||
| Misc Debtors | 257 | 3,034 | 3,034 | 3,034 | 3,034 | 121 | 265 | ||||||
| Cash | 6,076 | 5,610 | 7,509 | 25,404 | 20,942 | 12,264 | 3,374 | 1,144 | 1,540 | 33,866 | |||
| misc current assets | 968 | ||||||||||||
| total current assets | 6,228 | 6,647 | 12,032 | 6,916 | 8,867 | 13,743 | 28,438 | 45,058 | 22,990 | 7,904 | 3,919 | 26,755 | 35,623 |
| total assets | 6,652 | 7,119 | 12,563 | 7,505 | 9,522 | 14,471 | 29,247 | 45,957 | 23,989 | 7,904 | 3,919 | 26,755 | 35,623 |
| Bank overdraft | 1,292 | 1,292 | 84 | 1,850 | |||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 4,474 | 17,475 | 33,276 | 227 | 201 | 845 | 488 | ||||||
| Group/Directors Accounts | 308 | 996 | 4,208 | 6,577 | 13,359 | ||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 14,231 | 16,182 | 18,783 | 29,087 | 48,186 | 22,787 | 7,213 | 2,063 | 7,116 | 10,490 | |||
| total current liabilities | 4,474 | 17,475 | 33,276 | 15,523 | 17,701 | 19,068 | 30,937 | 48,186 | 23,095 | 8,209 | 6,271 | 14,538 | 24,337 |
| loans | |||||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | 1,200 | 1,200 | 1,200 | ||||||||||
| other liabilities | |||||||||||||
| provisions | |||||||||||||
| total long term liabilities | 1,200 | 1,200 | 1,200 | ||||||||||
| total liabilities | 5,674 | 18,675 | 34,476 | 15,523 | 17,701 | 19,068 | 30,937 | 48,186 | 23,095 | 8,209 | 6,271 | 14,538 | 24,337 |
| net assets | 978 | -11,556 | -21,913 | -8,018 | -8,179 | -4,597 | -1,690 | -2,229 | 894 | -305 | -2,352 | 12,217 | 11,286 |
| total shareholders funds | 978 | -11,556 | -21,913 | -8,018 | -8,179 | -4,597 | -1,690 | -2,229 | 894 | -305 | -2,352 | 12,217 | 11,286 |
| Mar 2024 | Mar 2023 | Mar 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 | 4,330 | -3,582 | 44,941 | 59,365 | 90,025 | 46,707 | 15,317 | -4,780 | 21,164 | ||||
| Depreciation | 66 | 73 | 81 | 90 | 100 | 111 | |||||||
| Amortisation | |||||||||||||
| Tax | -169 | -8,501 | -11,242 | -17,979 | -9,390 | -3,012 | 968 | -4,233 | -5,851 | ||||
| Stock | -840 | -2,160 | 3,000 | -10,000 | 10,000 | ||||||||
| Debtors | -419 | -5,385 | 12,032 | -257 | -5,977 | 3,200 | -11,082 | 3,390 | 6,196 | 2,723 | -23,408 | 23,458 | 1,757 |
| Creditors | -13,001 | -15,801 | 33,276 | -227 | 26 | 201 | -845 | 357 | 488 | ||||
| Accruals and Deferred Income | -13,031 | -1,951 | -2,601 | -10,304 | -19,099 | 25,399 | 15,574 | 5,150 | -5,053 | -3,374 | 10,490 | ||
| Deferred Taxes & Provisions | |||||||||||||
| Cash flow from operations | 4,466 | -3,107 | 23,218 | 50,196 | 84,155 | 46,806 | 14,732 | 13,698 | -9,544 | ||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | -308 | -688 | -3,212 | -2,369 | -6,782 | 13,359 | |||||||
| Other Short Term Loans | |||||||||||||
| Long term loans | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | |||||||||||||
| share issue | |||||||||||||
| interest | -347 | -584 | -169 | -118 | -258 | -57 | |||||||
| cash flow from financing | -4,000 | -347 | -584 | -477 | -806 | -3,470 | -2,426 | -6,782 | 13,459 | ||||
| cash and cash equivalents | |||||||||||||
| cash | -6,076 | 466 | -1,899 | -17,895 | 4,462 | 8,678 | 8,890 | 2,230 | -396 | -32,326 | 33,866 | ||
| overdraft | -1,292 | 1,208 | -1,766 | 1,850 | |||||||||
| change in cash | -4,784 | 466 | -3,107 | -16,129 | 2,612 | 8,678 | 8,890 | 2,230 | -396 | -32,326 | 33,866 |
mike parry promotions ltd Credit Report and Business Information
Mike Parry Promotions Ltd Competitor Analysis
Perform a competitor analysis for mike parry promotions ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in CR0 area or any other competitors across 12 key performance metrics.
mike parry promotions ltd Ownership
MIKE PARRY PROMOTIONS LTD group structure
Mike Parry Promotions Ltd has no subsidiary companies.
Ultimate parent company
MIKE PARRY PROMOTIONS LTD
07608588
mike parry promotions ltd directors
Mike Parry Promotions Ltd currently has 1 director, Mr Michael Parry serving since Apr 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Parry | 70 years | Apr 2011 | - | Director |
P&L
March 2024turnover
44.5k
-11%
operating profit
16.7k
0%
gross margin
20.8%
+47.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
978
-1.08%
total assets
6.7k
-0.07%
cash
0
0%
net assets
Total assets minus all liabilities
mike parry promotions ltd company details
company number
07608588
Type
Private limited with Share Capital
industry
60200 - Television programming and broadcasting activities
incorporation date
April 2011
age
14
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
310 stafford road, croydon, surrey, CR0 4NH
Bank
-
Legal Advisor
-
mike parry promotions 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 mike parry promotions ltd.
mike parry promotions 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.
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mike parry promotions ltd Companies House Filings - See Documents
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