Pomanda estimates the enterprise value of PROGENY ASSET MANAGEMENT LIMITED at £5.4m based on a Turnover of £6.5m and 0.83x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of PROGENY ASSET MANAGEMENT LIMITED at £13.6m based on an EBITDA of £2.1m and a 6.43x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of PROGENY ASSET MANAGEMENT LIMITED at £12.4m based on Net Assets of £3.5m and 3.51x industry multiple (adjusted for liquidity).
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Progeny Asset Management LimitedOverview
Progeny Asset Management Limited is a live company located in leeds, LS1 4DL with a Companies House number of 09415365. It operates in the financial management sector, SIC Code 70221. Founded in January 2015, it's largest shareholder is
the progeny group limited
with a 100% stake. Progeny Asset Management Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£6.5m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Progeny Asset Management Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
8 Strong
1 Regular
2 Weak
Size
annual sales of £6.5m, make it larger than the average company (£1.3m)
£6.5m - Progeny Asset Management Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 65%, show it is growing at a faster rate (9.6%)
65% - Progeny Asset Management Limited
9.6% - Industry AVG
Production
with a gross margin of 83.2%, this company has a comparable cost of product (83.2%)
83.2% - Progeny Asset Management Limited
83.2% - Industry AVG
Profitability
an operating margin of 32.5% make it more profitable than the average company (8.3%)
32.5% - Progeny Asset Management Limited
8.3% - Industry AVG
Employees
with 16 employees, this is above the industry average (6)
16 - Progeny Asset Management Limited
6 - Industry AVG
Pay Structure
on an average salary of £73.4k, the company has a higher pay structure (£58.1k)
£73.4k - Progeny Asset Management Limited
£58.1k - Industry AVG
Efficiency
resulting in sales per employee of £405.9k, this is more efficient (£159.1k)
£405.9k - Progeny Asset Management Limited
£159.1k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (65 days)
9 days - Progeny Asset Management Limited
65 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (43 days)
7 days - Progeny Asset Management Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Progeny Asset Management Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 53 weeks, this is more cash available to meet short term requirements (32 weeks)
53 weeks - Progeny Asset Management Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.2%, this is a lower level of debt than the average (56%)
14.2% - Progeny Asset Management Limited
56% - Industry AVG
PROGENY ASSET MANAGEMENT LIMITED financials
EXPORT
Progeny Asset Management Limited's latest turnover from December 2023 is £6.5 million and the company has net assets of £3.5 million. According to their latest financial statements, Progeny Asset Management Limited has 16 employees and maintains cash reserves of £596.9 thousand 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
Turnover
6,494,718
3,929,636
2,777,856
1,450,612
731,342
358,902
161,454
Other Income Or Grants
Cost Of Sales
1,094,050
654,826
88,249
31,344
Gross Profit
5,400,668
3,274,810
2,777,856
1,450,612
731,342
270,653
130,110
Admin Expenses
3,289,760
2,877,803
1,941,042
1,251,809
881,745
544,249
578,768
256,225
Operating Profit
2,110,908
397,007
836,814
198,803
-150,403
-273,596
-448,658
-256,225
Interest Payable
2,640
787
622
Interest Receivable
47
377
262
356
261
Pre-Tax Profit
2,110,908
397,054
837,191
196,425
-150,047
-272,484
-459,296
-266,955
Tax
Profit After Tax
2,110,908
397,054
837,191
196,425
-150,047
-272,484
-459,296
-266,955
Dividends Paid
178,963
Retained Profit
2,110,908
397,054
837,191
196,425
-150,047
-451,447
-459,296
-266,955
Employee Costs
1,174,401
846,908
659,164
514,811
360,993
285,477
354,755
166,519
Number Of Employees
16
16
16
15
11
11
11
7
2
EBITDA*
2,114,493
399,832
838,523
200,124
-130,926
-244,253
-419,723
-246,242
* 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
Tangible Assets
4,606
5,282
4,746
2,515
1,807
3,848
11,499
17,934
Intangible Assets
234
319
319
319
15,919
37,611
56,233
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
4,606
5,516
5,065
2,834
2,126
19,767
49,110
74,167
Stock & work in progress
Trade Debtors
160,265
173,146
2,328
2,661
Group Debtors
2,596,964
1,236,899
1,038,964
324,312
145,332
86,195
Misc Debtors
750,388
807,058
475,199
365,523
152,875
172,710
202,015
126,989
Cash
596,925
129,955
256,150
245,612
232,891
154,918
141,532
140,196
501
misc current assets
total current assets
4,104,542
2,347,058
1,770,313
935,447
533,426
413,823
346,208
267,185
501
total assets
4,109,148
2,352,574
1,775,378
938,281
535,552
433,590
395,318
341,352
501
Bank overdraft
Bank loan
Trade Creditors
23,445
118,402
84,503
126,937
57,428
102,466
41,517
44,056
Group/Directors Accounts
81,273
74,236
746
29,369
57,329
other short term finances
hp & lease commitments
other current liabilities
480,134
746,548
673,795
487,201
350,406
198,359
112,352
32,271
total current liabilities
584,852
939,186
759,044
614,138
407,834
300,825
183,238
133,656
loans
349,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
349,000
total liabilities
584,852
939,186
759,044
614,138
407,834
300,825
183,238
482,656
net assets
3,524,296
1,413,388
1,016,334
324,143
127,718
132,765
212,080
-141,304
501
total shareholders funds
3,524,296
1,413,388
1,016,334
324,143
127,718
132,765
212,080
-141,304
501
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Operating Activities
Operating Profit
2,110,908
397,007
836,814
198,803
-150,403
-273,596
-448,658
-256,225
Depreciation
3,351
2,740
1,709
1,321
3,877
7,651
7,563
3,891
Amortisation
234
85
15,600
21,692
21,372
6,092
Tax
Stock
Debtors
1,290,514
702,940
824,328
389,300
41,630
54,229
77,687
126,989
Creditors
-94,957
33,899
-42,434
69,509
-45,038
60,949
-2,539
44,056
Accruals and Deferred Income
-266,414
72,753
186,594
136,795
152,047
86,007
80,081
32,271
Deferred Taxes & Provisions
Cash flow from operations
462,608
-196,456
158,355
17,128
-65,547
-151,526
-419,868
-296,904
Investing Activities
capital expenditure
-2,675
-3,276
-3,940
-2,029
-1,836
-3,878
-84,150
Change in Investments
cash flow from investments
-2,675
-3,276
-3,940
-2,029
-1,836
-3,878
-84,150
Financing Activities
Bank loans
Group/Directors Accounts
7,037
73,490
746
-29,369
-27,960
57,329
Other Short Term Loans
Long term loans
-349,000
349,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-145,000
145,000
372,132
812,680
125,150
501
interest
47
377
-2,378
356
261
-787
-622
cash flow from financing
7,037
73,537
-143,877
-2,378
145,356
343,024
434,933
530,857
501
cash and cash equivalents
cash
466,970
-126,195
10,538
12,721
77,973
13,386
1,336
139,695
501
overdraft
change in cash
466,970
-126,195
10,538
12,721
77,973
13,386
1,336
139,695
501
progeny asset management 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 progeny asset management limited. Get real-time insights into progeny asset management limited's credit score, group structure and payment trends.
Perform a competitor analysis for progeny asset management limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in LS1 area or any other competitors across 12 key performance metrics.
progeny asset management limited Ownership
PROGENY ASSET MANAGEMENT LIMITED group structure
Progeny Asset Management Limited has no subsidiary companies.
The sole shareholder of Progeny Asset Management Limited is The Progeny Group Limited.
the progeny group limited
100%
progeny asset management limited directors
Progeny Asset Management Limited currently has 4 directors.
The longest serving directors include
Mr Ian Hooper (Apr 2016) and
Ms Charlotte Thomas (Feb 2017).
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 found 1 charges/mortgages relating to progeny asset management limited. Currently there are 0 open charges and 1 have been satisfied in the past.
progeny asset management 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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progeny asset management limitedCompanies House Filings - See Documents
