parallel house serviced apartments limited
parallel house serviced apartments limited Company Information
Company Number
08352728
Next Accounts
2285 days late
Industry
Hotels and similar accommodation
Directors
Shareholders
imperial property company holdings ltd
Group Structure
View All
Contact
Registered Address
290 moston lane, manchester, M40 9WB
Website
-parallel house serviced apartments limited Estimated Valuation
Pomanda estimates the enterprise value of PARALLEL HOUSE SERVICED APARTMENTS LIMITED at £30.2k based on a Turnover of £27.7k and 1.09x industry multiple (adjusted for size and gross margin).
parallel house serviced apartments limited Estimated Valuation
Pomanda estimates the enterprise value of PARALLEL HOUSE SERVICED APARTMENTS LIMITED at £0 based on an EBITDA of £-115.3k and a 4.52x industry multiple (adjusted for size and gross margin).
parallel house serviced apartments limited Estimated Valuation
Pomanda estimates the enterprise value of PARALLEL HOUSE SERVICED APARTMENTS LIMITED at £0 based on Net Assets of £-60.4k and 2.26x industry multiple (adjusted for liquidity).
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Parallel House Serviced Apartments Limited Overview
Parallel House Serviced Apartments Limited is a live company located in manchester, M40 9WB with a Companies House number of 08352728. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in January 2013, it's largest shareholder is imperial property company holdings ltd with a 100% stake. Parallel House Serviced Apartments Limited is a established, micro sized company, Pomanda has estimated its turnover at £27.7k with unknown growth in recent years.
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Parallel House Serviced Apartments Limited Health Check
Pomanda's financial health check has awarded Parallel House Serviced Apartments Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £27.7k, make it smaller than the average company (£4.1m)
- Parallel House Serviced Apartments Limited
£4.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Parallel House Serviced Apartments Limited
- - Industry AVG
Production
with a gross margin of 62.9%, this company has a comparable cost of product (62.9%)
- Parallel House Serviced Apartments Limited
62.9% - Industry AVG
Profitability
an operating margin of -415.9% make it less profitable than the average company (9.8%)
- Parallel House Serviced Apartments Limited
9.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (84)
- Parallel House Serviced Apartments Limited
84 - Industry AVG
Pay Structure
on an average salary of £17.9k, the company has an equivalent pay structure (£17.9k)
- Parallel House Serviced Apartments Limited
£17.9k - Industry AVG
Efficiency
resulting in sales per employee of £27.7k, this is less efficient (£56.9k)
- Parallel House Serviced Apartments Limited
£56.9k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (10 days)
- Parallel House Serviced Apartments Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 2147 days, this is slower than average (48 days)
- Parallel House Serviced Apartments Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Parallel House Serviced Apartments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Parallel House Serviced Apartments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60546%, this is a higher level of debt than the average (71.9%)
60546% - Parallel House Serviced Apartments Limited
71.9% - Industry AVG
PARALLEL HOUSE SERVICED APARTMENTS LIMITED financials
Parallel House Serviced Apartments Limited's latest turnover from December 2016 is estimated at £27.7 thousand and the company has net assets of -£60.4 thousand. According to their latest financial statements, we estimate that Parallel House Serviced Apartments Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|
| Turnover | ||||
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | ||||
| Interest Receivable | ||||
| Pre-Tax Profit | ||||
| Tax | ||||
| Profit After Tax | ||||
| Dividends Paid | ||||
| Retained Profit | ||||
| Employee Costs | ||||
| Number Of Employees | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 100 | 68,568 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 100 | 68,568 | 0 | 0 |
| total assets | 100 | 68,568 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 60,546 | 13,694 | 26 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 60,546 | 13,694 | 26 | 0 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 60,546 | 13,694 | 26 | 0 |
| net assets | -60,446 | 54,874 | -26 | 0 |
| total shareholders funds | -60,446 | 54,874 | -26 | 0 |
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -68,468 | 68,568 | 0 | 0 |
| Creditors | 46,852 | 13,668 | 26 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
parallel house serviced apartments limited Credit Report and Business Information
Parallel House Serviced Apartments Limited Competitor Analysis
Perform a competitor analysis for parallel house serviced apartments limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in M40 area or any other competitors across 12 key performance metrics.
parallel house serviced apartments limited Ownership
PARALLEL HOUSE SERVICED APARTMENTS LIMITED group structure
Parallel House Serviced Apartments Limited has no subsidiary companies.
Ultimate parent company
1 parent
PARALLEL HOUSE SERVICED APARTMENTS LIMITED
08352728
parallel house serviced apartments limited directors
Parallel House Serviced Apartments Limited currently has 1 director, Mr Nicholas Sutton serving since Jan 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Sutton | 55 years | Jan 2013 | - | Director |
P&L
December 2016turnover
27.7k
-99%
operating profit
-115.3k
0%
gross margin
62.9%
+0.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2016net assets
-60.4k
-2.1%
total assets
100
-1%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
parallel house serviced apartments limited company details
company number
08352728
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
January 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2016
previous names
max apartments (slough) limited (May 2014)
accountant
-
auditor
-
address
290 moston lane, manchester, M40 9WB
Bank
-
Legal Advisor
-
parallel house serviced apartments 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 parallel house serviced apartments limited.
parallel house serviced apartments 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.
Click to start generating capital raising & share issue transactions for PARALLEL HOUSE SERVICED APARTMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
parallel house serviced apartments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
