promeritum partners limited
promeritum partners limited Company Information
Company Number
08643679
Next Accounts
Feb 2026
Shareholders
jeremy francis herrmann
michael radzki
View AllGroup Structure
View All
Industry
Activities of venture and development capital companies
Registered Address
first floor, west barn, north frith farm, ash, tonbridge, kent, TN11 9QU
Website
-promeritum partners limited Estimated Valuation
Pomanda estimates the enterprise value of PROMERITUM PARTNERS LIMITED at £422.1m based on a Turnover of £87.7m and 4.81x industry multiple (adjusted for size and gross margin).
promeritum partners limited Estimated Valuation
Pomanda estimates the enterprise value of PROMERITUM PARTNERS LIMITED at £15.1m based on an EBITDA of £1.3m and a 11.54x industry multiple (adjusted for size and gross margin).
promeritum partners limited Estimated Valuation
Pomanda estimates the enterprise value of PROMERITUM PARTNERS LIMITED at £10.6m based on Net Assets of £9m and 1.18x industry multiple (adjusted for liquidity).
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Promeritum Partners Limited Overview
Promeritum Partners Limited is a live company located in tonbridge, TN11 9QU with a Companies House number of 08643679. It operates in the activities of venture and development capital companies sector, SIC Code 64303. Founded in August 2013, it's largest shareholder is jeremy francis herrmann with a 22% stake. Promeritum Partners Limited is a established, large sized company, Pomanda has estimated its turnover at £87.7m with healthy growth in recent years.
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Promeritum Partners Limited Health Check
Pomanda's financial health check has awarded Promeritum Partners Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
2 Weak
Size
annual sales of £87.7m, make it larger than the average company (£1.8m)
- Promeritum Partners Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (9.1%)
- Promeritum Partners Limited
9.1% - Industry AVG
Production
with a gross margin of 68.6%, this company has a comparable cost of product (68.6%)
- Promeritum Partners Limited
68.6% - Industry AVG
Profitability
an operating margin of 1.5% make it more profitable than the average company (0.1%)
- Promeritum Partners Limited
0.1% - Industry AVG
Employees
with 445 employees, this is above the industry average (8)
- Promeritum Partners Limited
8 - Industry AVG
Pay Structure
on an average salary of £91.1k, the company has an equivalent pay structure (£91.1k)
- Promeritum Partners Limited
£91.1k - Industry AVG
Efficiency
resulting in sales per employee of £197.1k, this is equally as efficient (£197.5k)
- Promeritum Partners Limited
£197.5k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is near the average (31 days)
- Promeritum Partners Limited
31 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Promeritum Partners Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Promeritum Partners Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (47 weeks)
8 weeks - Promeritum Partners Limited
47 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.6%, this is a lower level of debt than the average (50.6%)
4.6% - Promeritum Partners Limited
50.6% - Industry AVG
PROMERITUM PARTNERS LIMITED financials
Promeritum Partners Limited's latest turnover from May 2024 is estimated at £87.7 million and the company has net assets of £9 million. According to their latest financial statements, we estimate that Promeritum Partners Limited has 445 employees and maintains cash reserves of £74.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | |||||||||||
| Stock & work in progress | |||||||||||
| Trade Debtors | 7,522,842 | 7,506,453 | 7,544,861 | 6,569,235 | 5,048,510 | 5,418,295 | 5,531,087 | 3,939,061 | 4,837,357 | 4,882,246 | |
| Group Debtors | |||||||||||
| Misc Debtors | 1,293,084 | 400,361 | 273,888 | 115,177 | 196,941 | 334,365 | 441,570 | 189,543 | 156,000 | ||
| Cash | 74,100 | 236,151 | 177,408 | 25,449 | 1,642,957 | 300,172 | 129,021 | 1,297,624 | 454,571 | 9,289 | 2,356,342 |
| misc current assets | 530,000 | ||||||||||
| total current assets | 9,420,026 | 8,142,965 | 7,996,157 | 6,709,861 | 6,888,408 | 6,052,832 | 6,101,678 | 5,426,228 | 5,447,928 | 4,891,535 | 2,356,342 |
| total assets | 9,420,026 | 8,142,965 | 7,996,157 | 6,709,861 | 6,888,408 | 6,052,832 | 6,101,678 | 5,426,228 | 5,447,928 | 4,891,535 | 2,356,342 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 5,279 | 256 | 4,402 | 410,950 | 69,163 | ||||||
| Group/Directors Accounts | |||||||||||
| other short term finances | 100,054 | 54 | 311,752 | 70,417 | 219,400 | 173,826 | 539,210 | 227,908 | 408,669 | ||
| hp & lease commitments | |||||||||||
| other current liabilities | 331,330 | 136,471 | 211,654 | 59,045 | 326,480 | 78,112 | 85,612 | 51,910 | 88,828 | ||
| total current liabilities | 431,384 | 136,525 | 523,406 | 129,462 | 545,880 | 257,217 | 624,822 | 280,074 | 501,899 | 410,950 | 69,163 |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | |||||||||||
| total long term liabilities | |||||||||||
| total liabilities | 431,384 | 136,525 | 523,406 | 129,462 | 545,880 | 257,217 | 624,822 | 280,074 | 501,899 | 410,950 | 69,163 |
| net assets | 8,988,642 | 8,006,440 | 7,472,751 | 6,580,399 | 6,342,528 | 5,795,615 | 5,476,856 | 5,146,154 | 4,946,029 | 4,480,585 | 2,287,179 |
| total shareholders funds | 8,988,642 | 8,006,440 | 7,472,751 | 6,580,399 | 6,342,528 | 5,795,615 | 5,476,856 | 5,146,154 | 4,946,029 | 4,480,585 | 2,287,179 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | |||||||||||
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | |||||||||||
| Debtors | 909,112 | 88,065 | 1,134,337 | 1,438,961 | -507,209 | -219,997 | 1,844,053 | -864,753 | 111,111 | 4,882,246 | |
| Creditors | -5,279 | 5,279 | -256 | -4,146 | -406,548 | 341,787 | 69,163 | ||||
| Accruals and Deferred Income | 194,859 | -75,183 | 152,609 | -267,435 | 248,368 | -7,500 | 33,702 | -36,918 | 88,828 | ||
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | 100,000 | -311,698 | 241,335 | -148,983 | 45,574 | -365,384 | 311,302 | -180,761 | 408,669 | ||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -162,051 | 58,743 | 151,959 | -1,617,508 | 1,342,785 | 171,151 | -1,168,603 | 843,053 | 445,282 | -2,347,053 | 2,356,342 |
| overdraft | |||||||||||
| change in cash | -162,051 | 58,743 | 151,959 | -1,617,508 | 1,342,785 | 171,151 | -1,168,603 | 843,053 | 445,282 | -2,347,053 | 2,356,342 |
promeritum partners limited Credit Report and Business Information
Promeritum Partners Limited Competitor Analysis
Perform a competitor analysis for promeritum partners limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in TN11 area or any other competitors across 12 key performance metrics.
promeritum partners limited Ownership
PROMERITUM PARTNERS LIMITED group structure
Promeritum Partners Limited has no subsidiary companies.
Ultimate parent company
PROMERITUM PARTNERS LIMITED
08643679
promeritum partners limited directors
Promeritum Partners Limited currently has 6 directors. The longest serving directors include Mr David Persaud (Aug 2013) and Mr Rupert Matthews (Dec 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Persaud | United Kingdom | 53 years | Aug 2013 | - | Director |
| Mr Rupert Matthews | United Kingdom | 53 years | Dec 2013 | - | Director |
| Ms Becky Giulieri | United Kingdom | 51 years | Dec 2013 | - | Director |
| Mr Richard Tudor | United Kingdom | 53 years | Jun 2015 | - | Director |
| Mr Julien De Bournet | United Kingdom | 46 years | Mar 2023 | - | Director |
| Mr Tom Hoppe | United Kingdom | 66 years | Jun 2024 | - | Director |
P&L
May 2024turnover
87.7m
-27%
operating profit
1.3m
0%
gross margin
68.7%
-10.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
9m
+0.12%
total assets
9.4m
+0.16%
cash
74.1k
-0.69%
net assets
Total assets minus all liabilities
promeritum partners limited company details
company number
08643679
Type
Private limited with Share Capital
industry
64303 - Activities of venture and development capital companies
incorporation date
August 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
DEEKS EVANS AUDIT SERVICES LIMITED
auditor
-
address
first floor, west barn, north frith farm, ash, tonbridge, kent, TN11 9QU
Bank
-
Legal Advisor
-
promeritum partners 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 promeritum partners limited.
promeritum partners 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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promeritum partners limited Companies House Filings - See Documents
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