Pomanda estimates the enterprise value of CHRIS PARSONAGE RACING LIMITED at £52.9k based on a Turnover of £110.1k and 0.48x industry multiple (adjusted for size and gross margin).
chris parsonage racing limitedEstimated Valuation
£17.6k
Pomanda estimates the enterprise value of CHRIS PARSONAGE RACING LIMITED at £17.6k based on an EBITDA of £4.2k and a 4.19x industry multiple (adjusted for size and gross margin).
chris parsonage racing limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of CHRIS PARSONAGE RACING LIMITED at £0 based on Net Assets of £-140.2k and 1.82x industry multiple (adjusted for liquidity).
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Chris Parsonage Racing LimitedOverview
Chris Parsonage Racing Limited is a live company located in saltash, PL12 6LD with a Companies House number of 08221285. It operates in the non-trading company sector, SIC Code 74990. Founded in September 2012, it's largest shareholder is
christopher parsonage
with a 40% stake. Chris Parsonage Racing Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£110.1k with
high
growth in recent years.
Pomanda's financial health check has awarded Chris Parsonage Racing Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
2 Regular
7 Weak
Size
annual sales of £110.1k, make it smaller than the average company (£5.4m)
£110.1k - Chris Parsonage Racing Limited
£5.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (6.6%)
24% - Chris Parsonage Racing Limited
6.6% - Industry AVG
Production
with a gross margin of 32.2%, this company has a comparable cost of product (32.2%)
32.2% - Chris Parsonage Racing Limited
32.2% - Industry AVG
Profitability
an operating margin of 3.7% make it less profitable than the average company (4.8%)
3.7% - Chris Parsonage Racing Limited
4.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (46)
1 - Chris Parsonage Racing Limited
46 - Industry AVG
Pay Structure
on an average salary of £42.4k, the company has an equivalent pay structure (£42.4k)
£42.4k - Chris Parsonage Racing Limited
£42.4k - Industry AVG
Efficiency
resulting in sales per employee of £110.1k, this is less efficient (£145.4k)
£110.1k - Chris Parsonage Racing Limited
£145.4k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (41 days)
1 days - Chris Parsonage Racing Limited
41 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Chris Parsonage Racing Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 248 days, this is more than average (32 days)
248 days - Chris Parsonage Racing Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (27 weeks)
0 weeks - Chris Parsonage Racing Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 260.9%, this is a higher level of debt than the average (60.2%)
260.9% - Chris Parsonage Racing Limited
60.2% - Industry AVG
CHRIS PARSONAGE RACING LIMITED financials
EXPORT
Chris Parsonage Racing Limited's latest turnover from December 2023 is estimated at £110.1 thousand and the company has net assets of -£140.2 thousand. According to their latest financial statements, we estimate that Chris Parsonage Racing Limited has 1 employee and maintains cash reserves of £7 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Turnover
110,108
30,198
34,891
57,503
57,061
63,957
60,559
1,292,147
838,477
882,409
1,371,207
Other Income Or Grants
Cost Of Sales
74,697
20,487
24,780
42,543
41,575
44,740
42,202
913,243
575,252
590,919
960,102
Gross Profit
35,411
9,710
10,111
14,960
15,486
19,218
18,357
378,903
263,225
291,491
411,106
Admin Expenses
31,346
16,347
9,982
16,472
17,874
24,729
31,474
376,533
279,487
383,330
437,818
Operating Profit
4,065
-6,637
129
-1,512
-2,388
-5,511
-13,117
2,370
-16,262
-91,839
-26,712
Interest Payable
Interest Receivable
1
62
4
1
1
2
5
14
14
Pre-Tax Profit
4,065
-6,575
133
-1,512
-2,388
-5,510
-13,116
2,373
-16,257
-91,825
-26,698
Tax
-1,016
-25
-474
Profit After Tax
3,049
-6,575
108
-1,512
-2,388
-5,510
-13,116
1,898
-16,257
-91,825
-26,698
Dividends Paid
Retained Profit
3,049
-6,575
108
-1,512
-2,388
-5,510
-13,116
1,898
-16,257
-91,825
-26,698
Employee Costs
42,438
42,362
39,859
37,816
40,025
39,311
38,623
370,900
219,637
218,796
392,944
Number Of Employees
1
1
1
1
1
1
1
10
6
6
10
EBITDA*
4,196
-5,724
1,203
-248
-901
-3,761
-13,117
2,370
7,721
-62,987
7,232
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Tangible Assets
35,351
191,699
192,612
193,686
194,950
196,437
98,187
115,515
135,900
163,495
192,347
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
35,351
191,699
192,612
193,686
194,950
196,437
98,187
115,515
135,900
163,495
192,347
Stock & work in progress
50,850
20,000
20,000
20,000
20,000
20,000
20,000
20,000
72,967
Trade Debtors
590
590
590
590
590
5,943
6,183
81,704
31,695
5,700
115,172
Group Debtors
Misc Debtors
341
1,167
1,167
6,940
7,602
Cash
7
12
3,504
3
48
63
300
1,866
5,517
misc current assets
total current assets
51,788
21,769
25,261
27,533
28,240
27,640
27,763
81,704
53,561
78,667
120,689
total assets
87,139
213,468
217,873
221,219
223,190
224,077
125,950
197,219
189,461
242,162
313,036
Bank overdraft
Bank loan
Trade Creditors
518
518
2,435
229
330,101
324,141
360,585
339,634
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
227,308
274,725
272,555
276,527
276,986
total current liabilities
227,308
275,243
273,073
276,527
276,986
275,485
271,848
330,101
324,141
360,585
339,634
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
227,308
275,243
273,073
276,527
276,986
275,485
271,848
330,101
324,141
360,585
339,634
net assets
-140,169
-61,775
-55,200
-55,308
-53,796
-51,408
-145,898
-132,882
-134,680
-118,423
-26,598
total shareholders funds
-140,169
-61,775
-55,200
-55,308
-53,796
-51,408
-145,898
-132,882
-134,680
-118,423
-26,598
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Operating Activities
Operating Profit
4,065
-6,637
129
-1,512
-2,388
-5,511
-13,117
2,370
-16,262
-91,839
-26,712
Depreciation
131
913
1,074
1,264
1,487
1,750
23,983
28,852
33,944
Amortisation
Tax
-1,016
-25
-474
Stock
30,850
20,000
-20,000
-52,967
72,967
Debtors
-826
-5,773
-662
2,249
-21,820
-53,941
50,009
25,995
-109,472
115,172
Creditors
-518
518
-2,435
2,206
-329,872
5,960
-36,444
20,951
339,634
Accruals and Deferred Income
-47,417
2,170
-3,972
-459
276,986
Deferred Taxes & Provisions
Cash flow from operations
-74,779
-3,554
3,497
-45
271,401
20,265
-309,048
-22,153
-1,751
-5,531
231,694
Investing Activities
capital expenditure
156,217
-100,000
17,328
20,385
3,612
-226,291
Change in Investments
cash flow from investments
156,217
-100,000
17,328
20,385
3,612
-226,291
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-81,443
100,000
100
-100
100
interest
1
62
4
1
1
2
5
14
14
cash flow from financing
-81,442
62
4
100,001
101
-98
5
14
114
cash and cash equivalents
cash
-5
-3,492
3,501
-45
-15
-237
300
-1,866
1,866
-5,517
5,517
overdraft
change in cash
-5
-3,492
3,501
-45
-15
-237
300
-1,866
1,866
-5,517
5,517
chris parsonage racing limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for chris parsonage racing limited. Get real-time insights into chris parsonage racing limited's credit score, group structure and payment trends.
Chris Parsonage Racing Limited Competitor Analysis
Perform a competitor analysis for chris parsonage racing limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in PL12 area or any other competitors across 12 key performance metrics.
chris parsonage racing limited Ownership
CHRIS PARSONAGE RACING LIMITED group structure
Chris Parsonage Racing Limited has no subsidiary companies.
Ultimate parent company
CHRIS PARSONAGE RACING LIMITED
08221285
CHRIS PARSONAGE RACING LIMITED Shareholders
The largest shareholders in Chris Parsonage Racing Limited include Christopher Parsonage and Sonia Ann Parsonage.
christopher parsonage
40%
sonia ann parsonage
20%
rebecca kay parsonage
20%
gavin malcolm parsonage
20%
chris parsonage racing limited directors
Chris Parsonage Racing Limited currently has 1 director, Mr Christopher Parsonage serving since Sep 2012.
chris parsonage racing 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 chris parsonage racing limited.
chris parsonage racing limited 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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chris parsonage racing limitedCompanies House Filings - See Documents
