paystream my max 3 limited
paystream my max 3 limited Company Information
Company Number
07708464
Website
www.paystream.co.ukRegistered Address
mansion house, manchester road, altrincham, cheshire, WA14 4RW
Industry
Temporary employment agency activities
Telephone
01619230201
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
paystream my max holdings ltd 100%
paystream my max 3 limited Estimated Valuation
Pomanda estimates the enterprise value of PAYSTREAM MY MAX 3 LIMITED at £125.1m based on a Turnover of £662.3m and 0.19x industry multiple (adjusted for size and gross margin).
paystream my max 3 limited Estimated Valuation
Pomanda estimates the enterprise value of PAYSTREAM MY MAX 3 LIMITED at £7.8m based on an EBITDA of £2.3m and a 3.38x industry multiple (adjusted for size and gross margin).
paystream my max 3 limited Estimated Valuation
Pomanda estimates the enterprise value of PAYSTREAM MY MAX 3 LIMITED at £2.9m based on Net Assets of £1.7m and 1.72x industry multiple (adjusted for liquidity).
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Paystream My Max 3 Limited Overview
Paystream My Max 3 Limited is a live company located in altrincham, WA14 4RW with a Companies House number of 07708464. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in July 2011, it's largest shareholder is paystream my max holdings ltd with a 100% stake. Paystream My Max 3 Limited is a established, mega sized company, Pomanda has estimated its turnover at £662.3m with rapid growth in recent years.
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Paystream My Max 3 Limited Health Check
Pomanda's financial health check has awarded Paystream My Max 3 Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
6 Weak
Size
annual sales of £662.3m, make it larger than the average company (£13.2m)
£662.3m - Paystream My Max 3 Limited
£13.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 169%, show it is growing at a faster rate (3.3%)
169% - Paystream My Max 3 Limited
3.3% - Industry AVG
Production
with a gross margin of 0.9%, this company has a higher cost of product (17.5%)
0.9% - Paystream My Max 3 Limited
17.5% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (2.7%)
0.4% - Paystream My Max 3 Limited
2.7% - Industry AVG
Employees
with 5582 employees, this is above the industry average (48)
5582 - Paystream My Max 3 Limited
48 - Industry AVG
Pay Structure
on an average salary of £117.4k, the company has a higher pay structure (£48.5k)
£117.4k - Paystream My Max 3 Limited
£48.5k - Industry AVG
Efficiency
resulting in sales per employee of £118.6k, this is less efficient (£282.1k)
£118.6k - Paystream My Max 3 Limited
£282.1k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is earlier than average (47 days)
27 days - Paystream My Max 3 Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (4 days)
0 days - Paystream My Max 3 Limited
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Paystream My Max 3 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is more cash available to meet short term requirements (6 weeks)
21 weeks - Paystream My Max 3 Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.1%, this is a higher level of debt than the average (75.3%)
98.1% - Paystream My Max 3 Limited
75.3% - Industry AVG
PAYSTREAM MY MAX 3 LIMITED financials
Paystream My Max 3 Limited's latest turnover from March 2023 is £662.3 million and the company has net assets of £1.7 million. According to their latest financial statements, Paystream My Max 3 Limited has 5,582 employees and maintains cash reserves of £34.1 million 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 662,292,000 | 446,107,000 | 158,185,988 | 34,087,431 | 28,335,761 | 20,945,419 | 7,975,467 | 10,203,586 | 10,063,643 | 2,087,335 | 87,425 | 230,254 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 656,055,000 | 441,963,000 | 156,933,609 | 33,568,778 | 27,804,209 | 20,494,975 | 7,741,709 | 9,825,880 | 9,697,065 | 2,016,765 | 83,702 | 216,220 |
| Gross Profit | 6,237,000 | 4,144,000 | 1,252,379 | 518,653 | 531,552 | 450,444 | 233,758 | 377,706 | 366,578 | 70,570 | 3,723 | 14,034 |
| Admin Expenses | 3,933,000 | 2,354,000 | 497,905 | 310,170 | 362,017 | 319,713 | 211,719 | 387,203 | 274,470 | 65,424 | 3,940 | 6,534 |
| Operating Profit | 2,304,000 | 1,790,000 | 754,474 | 208,483 | 169,535 | 130,731 | 22,039 | -9,497 | 92,108 | 5,146 | -217 | 7,500 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 62 | 0 | 0 | 0 | 0 |
| Interest Receivable | 422,000 | 3,000 | 1,159 | 900 | 1,164 | 722 | 510 | 256 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 2,726,000 | 1,793,000 | 755,633 | 209,383 | 170,699 | 131,453 | 22,549 | -9,303 | 92,108 | 5,146 | -217 | 7,500 |
| Tax | -454,000 | -138,000 | -143,602 | -28,248 | -39,486 | -28,309 | -4,520 | 1,336 | -20,200 | -1,184 | 52 | -1,950 |
| Profit After Tax | 2,272,000 | 1,655,000 | 612,031 | 181,135 | 131,213 | 103,144 | 18,029 | -7,967 | 71,908 | 3,962 | -165 | 5,550 |
| Dividends Paid | 1,330,000 | 1,143,000 | 524,000 | 250,000 | 0 | 100,000 | 0 | 25,000 | 0 | 0 | 0 | 0 |
| Retained Profit | 942,000 | 512,000 | 88,031 | -68,865 | 131,213 | 3,144 | 18,029 | -32,967 | 71,908 | 3,962 | -165 | 5,550 |
| Employee Costs | 655,312,000 | 441,615,000 | 156,829,964 | 33,423,193 | 27,597,776 | 20,390,583 | 7,697,918 | 8,790,223 | 8,598,580 | 1,723,444 | 74,378 | 191,687 |
| Number Of Employees | 5,582 | 3,879 | 1,517 | 522 | 522 | 431 | 254 | 359 | 322 | 47 | 8 | 63 |
| EBITDA* | 2,304,000 | 1,790,000 | 754,474 | 208,483 | 169,535 | 130,731 | 22,039 | -9,497 | 92,108 | 5,146 | -217 | 7,500 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 49,216,000 | 39,174,000 | 12,177,169 | 4,888,442 | 430,622 | 939,640 | 166,710 | 286,211 | 340,100 | 230,030 | 1,342 | 10,941 |
| Group Debtors | 1,084,000 | 0 | 0 | 0 | 0 | 0 | 0 | 1,336 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,209,000 | 884,000 | 187,297 | 51,128 | 0 | 0 | 4,475 | 4,503 | 0 | 0 | 0 | 0 |
| Cash | 34,128,000 | 28,859,000 | 10,188,214 | 4,653,537 | 1,749,930 | 2,420,581 | 860,765 | 888,578 | 547,199 | 381,172 | 106,571 | 38,345 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 108 | 41 | 0 | 0 | 0 | 0 |
| total current assets | 85,637,000 | 68,917,000 | 22,552,680 | 9,593,107 | 2,180,552 | 3,360,221 | 1,032,058 | 1,180,669 | 887,299 | 611,202 | 107,913 | 49,286 |
| total assets | 85,637,000 | 68,917,000 | 22,552,680 | 9,593,107 | 2,180,552 | 3,360,221 | 1,032,058 | 1,180,669 | 887,299 | 611,202 | 107,913 | 49,286 |
| Bank overdraft | 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 |
| Trade Creditors | 284,000 | 163,000 | 1,872 | 29,242 | 0 | 94 | 0 | 0 | 80 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100,000 | 0 |
| other short term finances | 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 |
| other current liabilities | 83,679,000 | 68,022,000 | 22,330,969 | 9,432,055 | 1,979,877 | 3,290,665 | 965,740 | 1,132,380 | 805,963 | 601,854 | 2,527 | 43,735 |
| total current liabilities | 83,963,000 | 68,185,000 | 22,332,841 | 9,461,297 | 1,979,877 | 3,290,759 | 965,740 | 1,132,380 | 806,043 | 601,854 | 102,527 | 43,735 |
| loans | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 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 |
| total liabilities | 83,963,000 | 68,185,000 | 22,332,841 | 9,461,297 | 1,979,877 | 3,290,759 | 965,740 | 1,132,380 | 806,043 | 601,854 | 102,527 | 43,735 |
| net assets | 1,674,000 | 732,000 | 219,839 | 131,810 | 200,675 | 69,462 | 66,318 | 48,289 | 81,256 | 9,348 | 5,386 | 5,551 |
| total shareholders funds | 1,674,000 | 732,000 | 219,839 | 131,810 | 200,675 | 69,462 | 66,318 | 48,289 | 81,256 | 9,348 | 5,386 | 5,551 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 2,304,000 | 1,790,000 | 754,474 | 208,483 | 169,535 | 130,731 | 22,039 | -9,497 | 92,108 | 5,146 | -217 | 7,500 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -454,000 | -138,000 | -143,602 | -28,248 | -39,486 | -28,309 | -4,520 | 1,336 | -20,200 | -1,184 | 52 | -1,950 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 11,451,000 | 27,693,534 | 7,424,896 | 4,508,948 | -509,018 | 768,455 | -120,865 | -48,050 | 110,070 | 228,688 | -9,599 | 10,941 |
| Creditors | 121,000 | 161,128 | -27,370 | 29,242 | -94 | 94 | 0 | -80 | 80 | 0 | 0 | 0 |
| Accruals and Deferred Income | 15,657,000 | 45,691,031 | 12,898,914 | 7,452,178 | -1,310,788 | 2,324,925 | -166,640 | 326,417 | 204,109 | 599,327 | -41,208 | 43,735 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 6,177,000 | 19,810,625 | 6,057,520 | 3,152,707 | -671,815 | 1,658,986 | -28,256 | 366,226 | 166,027 | 374,601 | -31,774 | 38,344 |
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -100,000 | 100,000 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||
| interest | 422,000 | 3,000 | 1,159 | 900 | 1,164 | 722 | 510 | 194 | 0 | 0 | 0 | 0 |
| cash flow from financing | 422,000 | 3,161 | 1,157 | 900 | 1,164 | 722 | 510 | 194 | 0 | -100,000 | 100,000 | 1 |
| cash and cash equivalents | ||||||||||||
| cash | 5,269,000 | 18,670,786 | 5,534,677 | 2,903,607 | -670,651 | 1,559,816 | -27,813 | 341,379 | 166,027 | 274,601 | 68,226 | 38,345 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 5,269,000 | 18,670,786 | 5,534,677 | 2,903,607 | -670,651 | 1,559,816 | -27,813 | 341,379 | 166,027 | 274,601 | 68,226 | 38,345 |
paystream my max 3 limited Credit Report and Business Information
Paystream My Max 3 Limited Competitor Analysis
Perform a competitor analysis for paystream my max 3 limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in WA14 area or any other competitors across 12 key performance metrics.
paystream my max 3 limited Ownership
PAYSTREAM MY MAX 3 LIMITED group structure
Paystream My Max 3 Limited has no subsidiary companies.
Ultimate parent company
1 parent
PAYSTREAM MY MAX 3 LIMITED
07708464
paystream my max 3 limited directors
Paystream My Max 3 Limited currently has 3 directors. The longest serving directors include Mr Anthony Hodkinson (Mar 2023) and Ms Jayne Stirrup (Mar 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Hodkinson | England | 37 years | Mar 2023 | - | Director |
| Ms Jayne Stirrup | 44 years | Mar 2023 | - | Director | |
| Mr Andrew Cleal | 44 years | Mar 2023 | - | Director |
P&L
March 2023turnover
662.3m
+48%
operating profit
2.3m
+29%
gross margin
1%
+1.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.7m
+1.29%
total assets
85.6m
+0.24%
cash
34.1m
+0.18%
net assets
Total assets minus all liabilities
Similar Companies
paystream my max 3 limited company details
company number
07708464
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
July 2011
age
13
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2023
previous names
N/A
accountant
CROWE UK LLP
auditor
-
address
mansion house, manchester road, altrincham, cheshire, WA14 4RW
Bank
-
Legal Advisor
-
paystream my max 3 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 paystream my max 3 limited.
paystream my max 3 limited Companies House Filings - See Documents
| date | description | view/download |
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