pi labs limited

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pi labs limited Company Information

Share PI LABS LIMITED

Company Number

09150085

Directors

Faisal Butt

Andrew Pettit

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Shareholders

kh v properties 111 limited

safana khan

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Group Structure

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Industry

Management consultancy activities (other than financial management)

 

Registered Address

33 broadwick street, london, W1F 0DQ

pi labs limited Estimated Valuation

£638.6k

Pomanda estimates the enterprise value of PI LABS LIMITED at £638.6k based on a Turnover of £1.2m and 0.54x industry multiple (adjusted for size and gross margin).

pi labs limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PI LABS LIMITED at £0 based on an EBITDA of £-601.3k and a 4.37x industry multiple (adjusted for size and gross margin).

pi labs limited Estimated Valuation

£7.9m

Pomanda estimates the enterprise value of PI LABS LIMITED at £7.9m based on Net Assets of £3m and 2.66x industry multiple (adjusted for liquidity).

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Pi Labs Limited Overview

Pi Labs Limited is a live company located in london, W1F 0DQ with a Companies House number of 09150085. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in July 2014, it's largest shareholder is kh v properties 111 limited with a 31.9% stake. Pi Labs Limited is a established, small sized company, Pomanda has estimated its turnover at £1.2m with rapid growth in recent years.

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Pi Labs Limited Health Check

Pomanda's financial health check has awarded Pi Labs Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £1.2m, make it larger than the average company (£462.1k)

£1.2m - Pi Labs Limited

£462.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 70%, show it is growing at a faster rate (6.6%)

70% - Pi Labs Limited

6.6% - Industry AVG

production

Production

with a gross margin of 59%, this company has a comparable cost of product (59%)

59% - Pi Labs Limited

59% - Industry AVG

profitability

Profitability

an operating margin of -51% make it less profitable than the average company (8%)

-51% - Pi Labs Limited

8% - Industry AVG

employees

Employees

with 16 employees, this is above the industry average (5)

16 - Pi Labs Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)

£48.7k - Pi Labs Limited

£48.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £73.6k, this is less efficient (£121.5k)

£73.6k - Pi Labs Limited

£121.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Pi Labs Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 6 days, this is quicker than average (28 days)

6 days - Pi Labs Limited

28 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Pi Labs Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 541 weeks, this is more cash available to meet short term requirements (26 weeks)

541 weeks - Pi Labs Limited

26 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 8.2%, this is a lower level of debt than the average (55.9%)

8.2% - Pi Labs Limited

55.9% - Industry AVG

PI LABS LIMITED financials

EXPORTms excel logo

Pi Labs Limited's latest turnover from June 2023 is estimated at £1.2 million and the company has net assets of £3 million. According to their latest financial statements, Pi Labs Limited has 16 employees and maintains cash reserves of £2.7 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Dec 2017Dec 2016Dec 2015
Turnover1,178,046933,068408,402237,863251,547151,564397,67983,687112,011
Other Income Or Grants000000000
Cost Of Sales483,367373,194162,71784,72283,63048,846145,42031,59944,603
Gross Profit694,679559,874245,684153,140167,917102,718252,25952,08867,408
Admin Expenses1,295,999-2,143,4311,074,7961,002,461514,116604,684436,987125,510102,542
Operating Profit-601,3202,703,305-829,112-849,321-346,199-501,966-184,728-73,422-35,134
Interest Payable00000014529307
Interest Receivable151,70029,5511,7851,21900000
Pre-Tax Profit-449,6202,732,856-827,327-848,103-341,767-496,695-184,873-73,451-35,441
Tax0-519,2430000000
Profit After Tax-449,6202,213,613-827,327-848,103-341,767-496,695-184,873-73,451-35,441
Dividends Paid000000000
Retained Profit-449,6202,213,613-827,327-848,103-341,767-496,695-184,873-73,451-35,441
Employee Costs778,989619,970591,062289,735348,767300,913156,668112,897113,281
Number Of Employees161313776322
EBITDA*-601,3202,703,305-829,112-849,321-346,199-501,966-184,728-73,422-35,134

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Dec 2017Dec 2016Dec 2015
Tangible Assets00000138000
Intangible Assets000000000
Investments & Other10210010010010010010000
Debtors (Due After 1 year)000008,4008,40000
Total Fixed Assets1021001001001008,6388,50000
Stock & work in progress000000000
Trade Debtors006997,0012002,0002122002,427
Group Debtors356,02554,64156,13795,221123,42013,3677927920
Misc Debtors132,073214,60739,60132,45176,72660,76135,8021,3641,389
Cash2,730,5303,337,4531,390,6472,179,509257,499924,3141,184,05000
misc current assets000000000
total current assets3,218,6283,606,7011,487,0842,314,182457,8451,000,4421,220,8562,3563,816
total assets3,218,7303,606,8011,487,1842,314,282457,9451,009,0801,229,3562,3563,816
Bank overdraft000000022,2199,459
Bank loan000000000
Trade Creditors 8,38830,57220,08613,45530,6257,2001,87612,63327,014
Group/Directors Accounts000013,1981928,28051,6920
other short term finances000000021,1250
hp & lease commitments000000000
other current liabilities253,906170,173274,655281,05746,24926,28512,8653,5782,783
total current liabilities262,294200,745294,741294,51290,07233,67723,021111,24739,256
loans000000000
hp & lease commitments000000000
Accruals and Deferred Income000000000
other liabilities000000000
provisions000000000
total long term liabilities000000000
total liabilities262,294200,745294,741294,51290,07233,67723,021111,24739,256
net assets2,956,4363,406,0561,192,4432,019,770367,873975,4031,206,335-108,891-35,440
total shareholders funds2,956,4363,406,0561,192,4432,019,770367,873975,4031,206,335-108,891-35,440
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Dec 2017Dec 2016Dec 2015
Operating Activities
Operating Profit-601,3202,703,305-829,112-849,321-346,199-501,966-184,728-73,422-35,134
Depreciation000000000
Amortisation000000000
Tax0-519,2430000000
Stock000000000
Debtors218,850172,811-38,236-65,673115,81839,32242,850-1,4603,816
Creditors-22,18410,4866,631-17,17023,4255,324-10,757-14,38127,014
Accruals and Deferred Income83,733-104,482-6,402234,80819,96413,4209,2877952,783
Deferred Taxes & Provisions000000000
Cash flow from operations-758,6211,917,255-790,647-566,010-418,628-522,544-229,048-85,548-9,153
Investing Activities
capital expenditure0000138-138000
Change in Investments20000010000
cash flow from investments-2000138-138-10000
Financing Activities
Bank loans000000000
Group/Directors Accounts000-13,19813,006-8,088-43,41251,6920
Other Short Term Loans 000000-21,12521,1250
Long term loans000000000
Hire Purchase and Lease Commitments000000000
other long term liabilities000000000
share issue0002,500,000-265,763265,7631,500,09901
interest151,70029,5511,7851,21900-145-29-307
cash flow from financing151,70029,5511,7852,488,021-252,757257,6751,435,41772,788-306
cash and cash equivalents
cash-606,9231,946,806-788,8621,922,010-666,815-259,7361,184,05000
overdraft000000-22,21912,7609,459
change in cash-606,9231,946,806-788,8621,922,010-666,815-259,7361,206,269-12,760-9,459

pi labs limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Pi Labs Limited Competitor Analysis

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Perform a competitor analysis for pi labs limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in W1F area or any other competitors across 12 key performance metrics.

pi labs limited Ownership

PI LABS LIMITED group structure

Pi Labs Limited has 1 subsidiary company.

Ultimate parent company

PI LABS LIMITED

09150085

1 subsidiary

PI LABS LIMITED Shareholders

kh v properties 111 limited 31.93%
safana khan 21%
faisal butt 18.67%
varde 12.67%
muhannad abulhasan 7%
nick leslau 3.96%
nigel wray 3.33%
realty corporation limited 0.67%
sandy gumm 0.63%
ben walford 0.14%

pi labs limited directors

Pi Labs Limited currently has 4 directors. The longest serving directors include Mr Faisal Butt (Jul 2014) and Mr Andrew Pettit (Jan 2020).

officercountryagestartendrole
Mr Faisal ButtEngland47 years Jul 2014- Director
Mr Andrew PettitUnited Kingdom56 years Jan 2020- Director
Mr Andrew PettitUnited Kingdom56 years Jan 2020- Director
Mr Michael MuradEngland34 years Jun 2022- Director

P&L

June 2023

turnover

1.2m

+26%

operating profit

-601.3k

0%

gross margin

59%

-1.72%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2023

net assets

3m

-0.13%

total assets

3.2m

-0.11%

cash

2.7m

-0.18%

net assets

Total assets minus all liabilities

pi labs limited company details

company number

09150085

Type

Private limited with Share Capital

industry

70229 - Management consultancy activities (other than financial management)

incorporation date

July 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Small Company

last accounts submitted

June 2023

previous names

N/A

accountant

UHY HACKER YOUNG LLP

auditor

-

address

33 broadwick street, london, W1F 0DQ

Bank

-

Legal Advisor

-

pi labs 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 pi labs limited.

pi labs 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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pi labs limited Companies House Filings - See Documents

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