Pomanda estimates the enterprise value of PROPELLER POWERED LTD at £753.4k based on a Turnover of £948.1k and 0.79x industry multiple (adjusted for size and gross margin).
propeller powered ltdEstimated Valuation
£449.4k
Pomanda estimates the enterprise value of PROPELLER POWERED LTD at £449.4k based on an EBITDA of £94.8k and a 4.74x industry multiple (adjusted for size and gross margin).
propeller powered ltdEstimated Valuation
£2.3m
Pomanda estimates the enterprise value of PROPELLER POWERED LTD at £2.3m based on Net Assets of £964.5k and 2.36x industry multiple (adjusted for liquidity).
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Propeller Powered LtdOverview
Propeller Powered Ltd is a live company located in trafford park, M41 7LY with a Companies House number of 08301810. It operates in the business and domestic software development sector, SIC Code 62012. Founded in November 2012, it's largest shareholder is
michael fraser
with a 39.3% stake. Propeller Powered Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£948.1k with
high
growth in recent years.
Pomanda's financial health check has awarded Propeller Powered Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
3 Regular
5 Weak
Size
annual sales of £948.1k, make it smaller than the average company (£4.2m)
£948.1k - Propeller Powered Ltd
£4.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (11.4%)
16% - Propeller Powered Ltd
11.4% - Industry AVG
Production
with a gross margin of 72.3%, this company has a comparable cost of product (72.3%)
72.3% - Propeller Powered Ltd
72.3% - Industry AVG
Profitability
an operating margin of -15.6% make it less profitable than the average company (3.9%)
-15.6% - Propeller Powered Ltd
3.9% - Industry AVG
Employees
with 16 employees, this is below the industry average (37)
16 - Propeller Powered Ltd
37 - Industry AVG
Pay Structure
on an average salary of £69.1k, the company has an equivalent pay structure (£69.1k)
£69.1k - Propeller Powered Ltd
£69.1k - Industry AVG
Efficiency
resulting in sales per employee of £59.3k, this is less efficient (£125.3k)
£59.3k - Propeller Powered Ltd
£125.3k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is earlier than average (58 days)
17 days - Propeller Powered Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is quicker than average (39 days)
33 days - Propeller Powered Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Propeller Powered Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 16 weeks, this is average cash available to meet short term requirements (17 weeks)
16 weeks - Propeller Powered Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.6%, this is a lower level of debt than the average (60.9%)
38.6% - Propeller Powered Ltd
60.9% - Industry AVG
PROPELLER POWERED LTD financials
EXPORT
Propeller Powered Ltd's latest turnover from May 2024 is estimated at £948.1 thousand and the company has net assets of £964.5 thousand. According to their latest financial statements, Propeller Powered Ltd has 16 employees and maintains cash reserves of £83.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Turnover
948,099
940,016
610,686
426,801
309,870
176,048
384,720
201,272
28,621
37,222
29,899
Other Income Or Grants
Cost Of Sales
262,921
269,354
163,472
117,641
81,386
46,782
100,944
53,383
7,088
9,645
7,834
Gross Profit
685,179
670,662
447,214
309,160
228,484
129,267
283,776
147,889
21,533
27,577
22,065
Admin Expenses
833,474
-498,608
263,271
177,017
-102,091
235,201
62,308
67,195
-16,635
33,649
33,106
Operating Profit
-148,295
1,169,270
183,943
132,143
330,575
-105,934
221,468
80,694
38,168
-6,072
-11,041
Interest Payable
3,923
2,321
3,059
1,567
182
182
Interest Receivable
4,832
2,263
58
27
26
6
5
10
16
9
Pre-Tax Profit
-147,386
1,169,212
180,942
130,604
330,420
-106,116
221,474
80,699
38,178
-6,056
-11,032
Tax
-292,303
-34,379
-24,815
-62,780
-42,080
-16,140
-7,635
Profit After Tax
-147,386
876,909
146,563
105,789
267,640
-106,116
179,394
64,559
30,542
-6,056
-11,032
Dividends Paid
Retained Profit
-147,386
876,909
146,563
105,789
267,640
-106,116
179,394
64,559
30,542
-6,056
-11,032
Employee Costs
1,105,435
1,132,373
700,174
560,698
412,964
234,888
228,821
109,504
53,368
53,559
51,677
Number Of Employees
16
17
12
10
7
4
4
2
1
1
1
EBITDA*
94,844
1,349,284
277,035
206,793
388,468
-105,934
221,468
81,843
39,014
-5,184
-10,531
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Tangible Assets
5,877
8,425
3,284
2,536
26
145
430,849
1,023
1,916
2,138
3,026
Intangible Assets
1,390,497
1,198,523
960,491
788,931
687,322
577,700
306,466
216,485
127,282
48,895
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,396,374
1,206,948
963,775
791,467
687,348
577,845
430,849
307,489
218,401
129,420
51,921
Stock & work in progress
Trade Debtors
46,080
58,013
42,450
9,982
7,469
1,779
31,707
1,414
1,248
3,561
Group Debtors
Misc Debtors
44,534
92,884
60,916
51,132
41,827
45,069
Cash
83,508
100,572
68,981
46,877
7,017
2,478
1,158
2,838
3,471
misc current assets
total current assets
174,122
251,469
172,347
107,991
56,313
46,848
34,185
2,572
4,086
7,032
total assets
1,570,496
1,458,417
1,136,122
899,458
743,661
624,693
430,849
341,674
220,973
133,506
58,953
Bank overdraft
14,703
23,527
13,105
1,362
5,387
Bank loan
Trade Creditors
23,779
27,916
2,414
10,034
12,792
6,396
142,059
146,697
90,555
120,494
39,885
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
218,428
274,370
178,475
138,330
144,973
344,655
16,994
total current liabilities
256,910
325,813
193,994
149,726
157,765
356,438
159,053
146,697
90,555
120,494
39,885
loans
10,824
20,683
35,833
50,000
hp & lease commitments
Accruals and Deferred Income
14,389
other liabilities
provisions
338,227
total long term liabilities
349,051
20,683
35,833
50,000
14,389
total liabilities
605,961
346,496
229,827
199,726
157,765
356,438
173,442
146,697
90,555
120,494
39,885
net assets
964,535
1,111,921
906,295
699,732
585,896
268,255
257,407
194,977
130,418
13,012
19,068
total shareholders funds
964,535
1,111,921
906,295
699,732
585,896
268,255
257,407
194,977
130,418
13,012
19,068
May 2024
May 2023
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Operating Activities
Operating Profit
-148,295
1,169,270
183,943
132,143
330,575
-105,934
221,468
80,694
38,168
-6,072
-11,041
Depreciation
3,040
2,280
968
139
119
1,149
846
888
510
Amortisation
240,099
177,734
92,124
74,511
57,774
Tax
-292,303
-34,379
-24,815
-62,780
-42,080
-16,140
-7,635
Stock
Debtors
-60,283
150,897
42,252
11,818
2,448
46,848
-31,707
30,293
166
-2,313
3,561
Creditors
-4,137
27,916
-7,620
-2,758
6,396
-135,663
-4,638
56,142
-29,939
80,609
39,885
Accruals and Deferred Income
-55,942
274,370
40,145
-6,643
-199,682
313,272
31,383
Deferred Taxes & Provisions
338,227
Cash flow from operations
433,275
1,208,370
232,929
160,759
129,954
24,827
237,840
91,552
1,274
77,738
25,793
Investing Activities
capital expenditure
-432,565
-1,386,962
-265,400
-178,769
-167,396
-146,996
-123,360
-90,237
-89,827
-78,387
-52,431
Change in Investments
cash flow from investments
-432,565
-1,386,962
-265,400
-178,769
-167,396
-146,996
-123,360
-90,237
-89,827
-78,387
-52,431
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-9,859
20,683
-14,167
50,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
235,012
60,000
8,047
50,001
116,964
-116,964
86,864
30,100
interest
909
-58
-3,001
-1,540
-156
-182
6
5
10
16
9
cash flow from financing
-8,950
255,637
42,832
56,507
49,845
116,782
-116,958
5
86,874
16
30,109
cash and cash equivalents
cash
-17,064
100,572
22,104
39,860
7,017
-2,478
1,320
-1,680
-633
3,471
overdraft
-8,824
23,527
11,743
1,362
-5,387
5,387
change in cash
-8,240
77,045
10,361
38,498
12,404
-5,387
-2,478
1,320
-1,680
-633
3,471
propeller powered ltd 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 propeller powered ltd. Get real-time insights into propeller powered ltd's credit score, group structure and payment trends.
Perform a competitor analysis for propeller powered ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in M41 area or any other competitors across 12 key performance metrics.
propeller powered ltd Ownership
PROPELLER POWERED LTD group structure
Propeller Powered Ltd has no subsidiary companies.
Ultimate parent company
PROPELLER POWERED LTD
08301810
PROPELLER POWERED LTD Shareholders
The largest shareholders in Propeller Powered Ltd include Michael Fraser and Michael Richard Mcgowan.
michael fraser
39.32%
michael richard mcgowan
18.35%
deborah boden
13.76%
david wilson
12.05%
steve senior
8.26%
david carr
8.26%
propeller powered ltd directors
Propeller Powered Ltd currently has 3 directors.
The longest serving directors include
Miss Deborah Boden (Nov 2018) and
Mr Michael McGowan (Feb 2019).
62012 - Business and domestic software development
incorporation date
November 2012
age
13
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
vancert limited (May 2018)
accountant
-
auditor
-
address
unit 6 platinum way, urmston, trafford park, manchester, M41 7LY
Bank
-
Legal Advisor
-
propeller powered 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 propeller powered ltd.
propeller powered 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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propeller powered ltdCompanies House Filings - See Documents
