parentpay (holdings) ltd
parentpay (holdings) ltd Company Information
Company Number
08212986
Next Accounts
Aug 2025
Shareholders
lewis alcraft
tiger topco limited
View AllGroup Structure
View All
Industry
Other information technology and computer service activities
Registered Address
11 kingsley lodge, 13 new cavendish street, london, W1G 9UG
Website
www.parentpay.comparentpay (holdings) ltd Estimated Valuation
Pomanda estimates the enterprise value of PARENTPAY (HOLDINGS) LTD at £283.3m based on a Turnover of £123.7m and 2.29x industry multiple (adjusted for size and gross margin).
parentpay (holdings) ltd Estimated Valuation
Pomanda estimates the enterprise value of PARENTPAY (HOLDINGS) LTD at £444.6m based on an EBITDA of £28.4m and a 15.65x industry multiple (adjusted for size and gross margin).
parentpay (holdings) ltd Estimated Valuation
Pomanda estimates the enterprise value of PARENTPAY (HOLDINGS) LTD at £303.9m based on Net Assets of £134.5m and 2.26x industry multiple (adjusted for liquidity).
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Parentpay (holdings) Ltd Overview
Parentpay (holdings) Ltd is a live company located in london, W1G 9UG with a Companies House number of 08212986. It operates in the other information technology service activities sector, SIC Code 62090. Founded in September 2012, it's largest shareholder is lewis alcraft with a 19.4% stake. Parentpay (holdings) Ltd is a established, mega sized company, Pomanda has estimated its turnover at £123.7m with rapid growth in recent years.
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Parentpay (holdings) Ltd Health Check
Pomanda's financial health check has awarded Parentpay (Holdings) Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 2 areas for improvement. Company Health Check FAQs
9 Strong
1 Regular
2 Weak
Size
annual sales of £123.7m, make it larger than the average company (£6.6m)
£123.7m - Parentpay (holdings) Ltd
£6.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 59%, show it is growing at a faster rate (7%)
59% - Parentpay (holdings) Ltd
7% - Industry AVG
Production
with a gross margin of 85.2%, this company has a lower cost of product (50.4%)
85.2% - Parentpay (holdings) Ltd
50.4% - Industry AVG
Profitability
an operating margin of -14.6% make it less profitable than the average company (3.4%)
-14.6% - Parentpay (holdings) Ltd
3.4% - Industry AVG
Employees
with 1106 employees, this is above the industry average (40)
1106 - Parentpay (holdings) Ltd
40 - Industry AVG
Pay Structure
on an average salary of £46.2k, the company has a lower pay structure (£71.4k)
£46.2k - Parentpay (holdings) Ltd
£71.4k - Industry AVG
Efficiency
resulting in sales per employee of £111.8k, this is less efficient (£174.4k)
£111.8k - Parentpay (holdings) Ltd
£174.4k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (53 days)
16 days - Parentpay (holdings) Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 99 days, this is slower than average (34 days)
99 days - Parentpay (holdings) Ltd
34 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (16 days)
1 days - Parentpay (holdings) Ltd
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 23 weeks, this is more cash available to meet short term requirements (15 weeks)
23 weeks - Parentpay (holdings) Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67%, this is a similar level of debt than the average (63.5%)
67% - Parentpay (holdings) Ltd
63.5% - Industry AVG
PARENTPAY (HOLDINGS) LTD financials
Parentpay (Holdings) Ltd's latest turnover from November 2023 is £123.7 million and the company has net assets of £134.5 million. According to their latest financial statements, Parentpay (Holdings) Ltd has 1,106 employees and maintains cash reserves of £20.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 123,691,720 | 124,456,097 | 61,821,300 | 30,567,774 | 33,761,650 | 30,190,632 | 20,057,892 | 12,253,198 | 9,013,097 | 7,090,029 | |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 18,341,983 | 19,241,434 | 9,373,487 | 4,583,964 | 6,721,863 | 4,900,898 | 5,108,436 | 2,980,416 | 2,613,237 | 2,380,946 | |
| Gross Profit | 105,349,737 | 105,214,663 | 52,447,813 | 25,983,810 | 27,039,787 | 25,289,734 | 14,949,456 | 9,272,782 | 6,399,860 | 4,709,083 | |
| Admin Expenses | 123,398,252 | 109,528,088 | 50,453,979 | 18,728,951 | 16,636,768 | 15,574,056 | 8,691,436 | 5,074,312 | 3,838,167 | 2,899,655 | |
| Operating Profit | -18,048,515 | -4,313,425 | 1,993,834 | 7,254,859 | 10,403,019 | 9,715,678 | 6,258,020 | 4,198,470 | 2,561,693 | 1,809,428 | |
| Interest Payable | 25,913,043 | 16,732,990 | 5,901,505 | 446,682 | 472,709 | 474,031 | 134,429 | 30 | |||
| Interest Receivable | 3,489,323 | 3,187,742 | 301,569 | 535,964 | 440,483 | 153,329 | 205,150 | 197,285 | 98,355 | 14,386 | |
| Pre-Tax Profit | -39,661,138 | -17,858,673 | -3,606,102 | 7,344,141 | 10,370,793 | 9,394,976 | 6,328,741 | 4,395,725 | 2,660,048 | 1,823,814 | |
| Tax | 525,051 | -1,067,859 | 953,234 | -2,129,388 | -2,965,866 | -1,859,030 | -855,961 | -568,599 | -310,548 | -297,413 | |
| Profit After Tax | -39,136,087 | -18,926,532 | -2,652,868 | 5,214,753 | 7,404,927 | 7,535,946 | 5,472,780 | 3,827,126 | 2,349,500 | 1,526,401 | |
| Dividends Paid | 900,008 | 898,001 | 906,910 | 906,910 | 906,910 | 906,910 | 706,910 | 671,273 | |||
| Retained Profit | -48,851,722 | -26,002,116 | -3,569,388 | 4,316,752 | 6,498,017 | 6,629,036 | 4,565,870 | 2,920,216 | 1,642,590 | 855,128 | |
| Employee Costs | 51,113,832 | 42,817,460 | 21,167,797 | 11,449,322 | 8,664,863 | 7,473,644 | 5,693,432 | 3,825,953 | 2,988,882 | 1,968,219 | |
| Number Of Employees | 1,106 | 1,001 | 622 | 297 | 255 | 225 | 183 | 110 | 89 | 71 | |
| EBITDA* | 28,410,389 | 40,464,059 | 19,290,504 | 11,597,627 | 14,589,838 | 13,433,562 | 7,814,418 | 4,589,110 | 2,800,336 | 2,018,840 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,541,904 | 2,854,414 | 2,795,229 | 1,284,372 | 1,283,212 | 962,842 | 567,615 | 576,576 | 618,078 | 450,576 | |
| Intangible Assets | 329,605,395 | 367,935,090 | 386,491,284 | 26,217,355 | 25,673,085 | 28,428,425 | 10,779,071 | 1,430,007 | 867,498 | 318,094 | |
| Investments & Other | 25,072,565 | 15,356,930 | 8,281,346 | 1,418,645 | |||||||
| Debtors (Due After 1 year) | 8,811,422 | 8,355,354 | 3,802,406 | 20,155,007 | 17,149,979 | 3,547,439 | 3,168,306 | 3,174,367 | 1,250,000 | ||
| Total Fixed Assets | 371,031,286 | 394,501,788 | 401,370,265 | 47,656,734 | 44,106,276 | 32,938,706 | 14,514,992 | 5,180,950 | 2,735,576 | 768,670 | 1,418,645 |
| Stock & work in progress | 64,803 | 46,255 | 61,047 | 79,898 | 52,310 | 9,859 | |||||
| Trade Debtors | 5,457,175 | 4,950,360 | 4,567,885 | 2,883,703 | 1,492,910 | 1,190,786 | 633,205 | 290,537 | 445,109 | 503,988 | |
| Group Debtors | |||||||||||
| Misc Debtors | 10,593,766 | 16,994,578 | 14,939,138 | 8,417,155 | 9,017,975 | 3,906,252 | 3,334,093 | 1,830,814 | 1,524,065 | 1,381,151 | |
| Cash | 20,685,541 | 23,228,072 | 11,129,329 | 3,702,708 | 3,030,052 | 5,712,249 | 3,976,000 | 1,824,964 | 1,994,633 | 1,562,307 | |
| misc current assets | |||||||||||
| total current assets | 36,801,285 | 45,219,265 | 30,697,399 | 15,083,464 | 13,593,247 | 10,819,146 | 7,943,298 | 3,946,315 | 3,963,807 | 3,447,446 | |
| total assets | 407,832,571 | 439,721,053 | 432,067,664 | 62,740,198 | 57,699,523 | 43,757,852 | 22,458,290 | 9,127,265 | 6,699,383 | 4,216,116 | 1,418,645 |
| Bank overdraft | 7,242,689 | 106,879 | 21,793 | ||||||||
| Bank loan | 3,259 | 2,144,140 | 2,900,000 | 2,900,000 | 2,900,000 | 1,500,000 | |||||
| Trade Creditors | 4,994,798 | 7,451,791 | 4,369,848 | 866,484 | 340,292 | 388,735 | 322,435 | 148,719 | 106,620 | 133,761 | |
| Group/Directors Accounts | |||||||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 40,116,065 | 42,990,057 | 48,163,531 | 12,483,152 | 10,827,886 | 7,636,803 | 4,511,121 | 2,437,369 | 3,037,139 | 2,317,119 | |
| total current liabilities | 45,110,863 | 50,445,107 | 54,677,519 | 16,249,636 | 21,310,867 | 11,032,417 | 6,355,349 | 2,586,088 | 3,143,759 | 2,450,880 | |
| loans | 226,821,273 | 223,610,206 | 199,524,261 | 9,125,000 | 12,025,000 | 14,925,000 | 4,875,000 | ||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | 305,764 | 437,199 | 945,433 | 133,714 | |||||||
| other liabilities | 8,500,000 | ||||||||||
| provisions | 1,065,333 | 1,378,889 | 1,329,041 | 517,560 | 413,133 | 367,295 | 290,123 | 302,943 | 237,606 | 89,808 | |
| total long term liabilities | 228,192,370 | 225,426,294 | 201,798,735 | 18,142,560 | 12,438,133 | 15,292,295 | 5,298,837 | 302,943 | 237,606 | 89,808 | |
| total liabilities | 273,303,233 | 275,871,401 | 256,476,254 | 34,392,196 | 33,749,000 | 26,324,712 | 11,654,186 | 2,889,031 | 3,381,365 | 2,540,688 | |
| net assets | 134,529,338 | 163,849,652 | 175,591,410 | 28,348,002 | 23,950,523 | 17,433,140 | 10,804,104 | 6,238,234 | 3,318,018 | 1,675,428 | 1,418,645 |
| total shareholders funds | 134,529,338 | 163,849,652 | 175,591,410 | 28,348,002 | 23,950,523 | 17,433,140 | 10,804,104 | 6,238,234 | 3,318,018 | 1,675,428 | 1,418,645 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | -18,048,515 | -4,313,425 | 1,993,834 | 7,254,859 | 10,403,019 | 9,715,678 | 6,258,020 | 4,198,470 | 2,561,693 | 1,809,428 | |
| Depreciation | 1,553,886 | 1,101,513 | 739,152 | 579,927 | 516,840 | 900,352 | 115,579 | 273,814 | 171,263 | 108,166 | |
| Amortisation | 44,905,018 | 43,675,971 | 16,557,518 | 3,762,841 | 3,669,979 | 2,817,532 | 1,440,819 | 116,826 | 67,380 | 101,246 | |
| Tax | 525,051 | -1,067,859 | 953,234 | -2,129,388 | -2,965,866 | -1,859,030 | -855,961 | -568,599 | -310,548 | -297,413 | |
| Stock | 18,548 | -14,792 | -18,851 | 27,588 | 42,451 | 9,859 | |||||
| Debtors | -5,437,929 | 6,990,863 | -8,146,436 | 3,795,001 | 19,016,387 | 1,508,873 | 1,839,886 | 2,076,544 | 1,334,035 | 1,885,139 | |
| Creditors | -2,456,993 | 3,081,943 | 3,503,364 | 526,192 | -48,443 | 66,300 | 173,716 | 42,099 | -27,141 | 133,761 | |
| Accruals and Deferred Income | -3,005,427 | -5,681,708 | 36,625,812 | 1,655,266 | 3,191,083 | 2,991,968 | 2,207,466 | -599,770 | 720,020 | 2,317,119 | |
| Deferred Taxes & Provisions | -313,556 | 49,848 | 811,481 | 104,427 | 45,838 | 77,172 | -12,820 | 65,337 | 147,798 | 89,808 | |
| Cash flow from operations | 28,578,845 | 29,870,212 | 69,349,682 | 7,931,535 | -4,246,388 | 13,191,240 | 7,486,933 | 1,451,633 | 1,996,430 | 2,376,976 | |
| Investing Activities | |||||||||||
| capital expenditure | -1,758,911 | -21,896,179 | -10,896,501 | -2,541,645 | -1,955,549 | ||||||
| Change in Investments | 9,715,635 | 7,075,584 | 8,281,346 | -1,418,645 | 1,418,645 | ||||||
| cash flow from investments | -9,715,635 | -7,075,584 | -8,281,346 | -1,758,911 | -21,896,179 | -10,896,501 | -2,541,645 | -1,955,549 | 1,418,645 | ||
| Financing Activities | |||||||||||
| Bank loans | -3,259 | -2,140,881 | -755,860 | 1,400,000 | 1,500,000 | ||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | |||||||||||
| Long term loans | 3,211,067 | 24,085,945 | 190,399,261 | -2,900,000 | -2,900,000 | 10,050,000 | 4,875,000 | ||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | -8,500,000 | 8,500,000 | |||||||||
| share issue | |||||||||||
| interest | -22,423,720 | -13,545,248 | -5,599,936 | 89,282 | -32,226 | -320,702 | 70,721 | 197,255 | 98,355 | 14,386 | |
| cash flow from financing | 315,496 | 22,660,174 | 326,356,261 | 5,770,009 | -2,912,860 | 11,129,298 | 6,445,721 | 197,255 | 98,355 | -583,959 | |
| cash and cash equivalents | |||||||||||
| cash | -2,542,531 | 12,098,743 | 7,426,621 | 672,656 | -2,682,197 | 1,736,249 | 2,151,036 | -169,669 | 432,326 | 1,562,307 | |
| overdraft | -7,242,689 | 7,135,810 | 85,086 | 21,793 | |||||||
| change in cash | -2,542,531 | 12,098,743 | 7,426,621 | 7,915,345 | -9,818,007 | 1,651,163 | 2,129,243 | -169,669 | 432,326 | 1,562,307 |
parentpay (holdings) ltd Credit Report and Business Information
Parentpay (holdings) Ltd Competitor Analysis
Perform a competitor analysis for parentpay (holdings) ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mega companies, companies in W1G area or any other competitors across 12 key performance metrics.
parentpay (holdings) ltd Ownership
PARENTPAY (HOLDINGS) LTD group structure
Parentpay (Holdings) Ltd has 1 subsidiary company.
Ultimate parent company
PARENTPAY (HOLDINGS) LTD
08212986
1 subsidiary
parentpay (holdings) ltd directors
Parentpay (Holdings) Ltd currently has 5 directors. The longest serving directors include Mr Eirion Neubauer (Sep 2012) and Mr Clint Wilson (Feb 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Eirion Neubauer | United Kingdom | 64 years | Sep 2012 | - | Director |
| Mr Clint Wilson | England | 53 years | Feb 2013 | - | Director |
| Mr Matthieu Servant | United Kingdom | 44 years | Oct 2021 | - | Director |
| Mr Matthieu Servant | United Kingdom | 44 years | Oct 2021 | - | Director |
| Mr Julian Gresvig | United Kingdom | 38 years | Jul 2023 | - | Director |
P&L
November 2023turnover
123.7m
-1%
operating profit
-18m
+318%
gross margin
85.2%
+0.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
134.5m
-0.18%
total assets
407.8m
-0.07%
cash
20.7m
-0.11%
net assets
Total assets minus all liabilities
parentpay (holdings) ltd company details
company number
08212986
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
September 2012
age
13
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
November 2023
previous names
headco ltd (June 2013)
accountant
-
auditor
GRANT THORNTON UK LLP
address
11 kingsley lodge, 13 new cavendish street, london, W1G 9UG
Bank
-
Legal Advisor
-
parentpay (holdings) 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 found 3 charges/mortgages relating to parentpay (holdings) ltd. Currently there are 1 open charges and 2 have been satisfied in the past.
parentpay (holdings) 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 PARENTPAY (HOLDINGS) LTD. This can take several minutes, an email will notify you when this has completed.
parentpay (holdings) ltd Companies House Filings - See Documents
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