pitch@palace c.i.c.
pitch@palace c.i.c. Company Information
Company Number
09592001
Next Accounts
Mar 2025
Shareholders
richard william james parry
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
buckingham palace, london, SW1A 1AA
Website
pitchatpalace.compitch@palace c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of PITCH@PALACE C.I.C. at £1m based on a Turnover of £1.5m and 0.7x industry multiple (adjusted for size and gross margin).
pitch@palace c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of PITCH@PALACE C.I.C. at £307.5k based on an EBITDA of £66.9k and a 4.6x industry multiple (adjusted for size and gross margin).
pitch@palace c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of PITCH@PALACE C.I.C. at £343.8k based on Net Assets of £175.2k and 1.96x industry multiple (adjusted for liquidity).
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Pitch@palace C.i.c. Overview
Pitch@palace C.i.c. is a dissolved company that was located in london, SW1A 1AA with a Companies House number of 09592001. It operated in the other service activities n.e.c. sector, SIC Code 96090. Founded in May 2015, it's largest shareholder was richard william james parry with a 100% stake. The last turnover for Pitch@palace C.i.c. was estimated at £1.5m.
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Pitch@palace C.i.c. Health Check
Pomanda's financial health check has awarded Pitch@Palace C.I.C. a 3 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
3 Strong
3 Regular
5 Weak
Size
annual sales of £1.5m, make it larger than the average company (£636.3k)
- Pitch@palace C.i.c.
£636.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (3.9%)
- Pitch@palace C.i.c.
3.9% - Industry AVG
Production
with a gross margin of 40.1%, this company has a comparable cost of product (40.1%)
- Pitch@palace C.i.c.
40.1% - Industry AVG
Profitability
an operating margin of 4.5% make it less profitable than the average company (6.1%)
- Pitch@palace C.i.c.
6.1% - Industry AVG
Employees
with 14 employees, this is similar to the industry average (16)
14 - Pitch@palace C.i.c.
16 - Industry AVG
Pay Structure
on an average salary of £24.8k, the company has an equivalent pay structure (£24.8k)
- Pitch@palace C.i.c.
£24.8k - Industry AVG
Efficiency
resulting in sales per employee of £105.6k, this is more efficient (£62.5k)
- Pitch@palace C.i.c.
£62.5k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is later than average (29 days)
- Pitch@palace C.i.c.
29 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (36 days)
- Pitch@palace C.i.c.
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pitch@palace C.i.c.
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 42 weeks, this is less cash available to meet short term requirements (55 weeks)
42 weeks - Pitch@palace C.i.c.
55 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64%, this is a higher level of debt than the average (41.5%)
64% - Pitch@palace C.i.c.
41.5% - Industry AVG
PITCH@PALACE C.I.C. financials
Pitch@Palace C.I.C.'s latest turnover from March 2019 is estimated at £1.5 million and the company has net assets of £175.2 thousand. According to their latest financial statements, Pitch@Palace C.I.C. has 14 employees and maintains cash reserves of £253 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|
| 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 | 14 | 7 | 7 | 6 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|
| Tangible Assets | 908 | 1,335 | ||
| Intangible Assets | 2,017 | 4,034 | ||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 908 | 1,335 | 2,017 | 4,034 |
| Stock & work in progress | ||||
| Trade Debtors | 226,331 | 312,000 | 67,922 | 75,877 |
| Group Debtors | 1,399 | |||
| Misc Debtors | 5,864 | 18,844 | 10,776 | |
| Cash | 253,028 | 651,149 | 825,909 | 265,815 |
| misc current assets | ||||
| total current assets | 485,223 | 981,993 | 906,006 | 341,692 |
| total assets | 486,131 | 983,328 | 908,023 | 345,726 |
| Bank overdraft | 38,511 | |||
| Bank loan | ||||
| Trade Creditors | 36,414 | 27,508 | 22,617 | 357,750 |
| Group/Directors Accounts | 14,735 | 25,719 | ||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 259,748 | 771,841 | 842,175 | |
| total current liabilities | 310,897 | 863,579 | 864,792 | 357,750 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | ||||
| total liabilities | 310,897 | 863,579 | 864,792 | 357,750 |
| net assets | 175,234 | 119,749 | 43,231 | -12,024 |
| total shareholders funds | 175,234 | 119,749 | 43,231 | -12,024 |
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 486 | 79 | ||
| Amortisation | 2,017 | 2,017 | 2,017 | |
| Tax | ||||
| Stock | ||||
| Debtors | -98,649 | 250,747 | 4,220 | 75,877 |
| Creditors | 8,906 | 4,891 | -335,133 | 357,750 |
| Accruals and Deferred Income | -512,093 | -70,334 | 842,175 | |
| 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 | -10,984 | 25,719 | ||
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -398,121 | -174,760 | 560,094 | 265,815 |
| overdraft | -38,511 | 38,511 | ||
| change in cash | -359,610 | -213,271 | 560,094 | 265,815 |
pitch@palace c.i.c. Credit Report and Business Information
Pitch@palace C.i.c. Competitor Analysis
Perform a competitor analysis for pitch@palace c.i.c. by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other undefined companies, companies in SW1A area or any other competitors across 12 key performance metrics.
pitch@palace c.i.c. Ownership
PITCH@PALACE C.I.C. group structure
Pitch@Palace C.I.C. has no subsidiary companies.
Ultimate parent company
PITCH@PALACE C.I.C.
09592001
pitch@palace c.i.c. directors
Pitch@Palace C.I.C. currently has 2 directors. The longest serving directors include Mr Richard Parry (Jan 2020) and Mr Arthur Lancaster (Feb 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Parry | 73 years | Jan 2020 | - | Director | |
| Mr Arthur Lancaster | England | 61 years | Feb 2021 | - | Director |
P&L
March 2019turnover
1.5m
-14%
operating profit
66.4k
0%
gross margin
40.1%
+1.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
175.2k
+0.46%
total assets
486.1k
-0.51%
cash
253k
-0.61%
net assets
Total assets minus all liabilities
pitch@palace c.i.c. company details
company number
09592001
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
May 2015
age
10
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2019
previous names
N/A
accountant
PETERS ELWORTHY & MOORE
auditor
-
address
buckingham palace, london, SW1A 1AA
Bank
-
Legal Advisor
-
pitch@palace c.i.c. 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 pitch@palace c.i.c..
pitch@palace c.i.c. 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 PITCH@PALACE C.I.C.. This can take several minutes, an email will notify you when this has completed.
pitch@palace c.i.c. Companies House Filings - See Documents
| date | description | view/download |
|---|
