Pomanda estimates the enterprise value of PREMIUM PAYROLL SOLUTIONS LIMITED at £7.9m based on a Turnover of £15.5m and 0.51x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of PREMIUM PAYROLL SOLUTIONS LIMITED at £379.9k based on an EBITDA of £129.2k and a 2.94x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of PREMIUM PAYROLL SOLUTIONS LIMITED at £1.4m based on Net Assets of £594.9k and 2.38x industry multiple (adjusted for liquidity).
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Premium Payroll Solutions LimitedOverview
Premium Payroll Solutions Limited is a live company located in oldham, OL8 3QL with a Companies House number of 09634106. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in June 2015, it's largest shareholder is
site contract investments ltd
with a 100% stake. Premium Payroll Solutions Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£15.5m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Premium Payroll Solutions Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
4 Strong
0 Regular
6 Weak
Size
annual sales of £15.5m, make it larger than the average company (£597k)
£15.5m - Premium Payroll Solutions Limited
£597k - Industry AVG
Growth
3 year (CAGR) sales growth of 82%, show it is growing at a faster rate (5.2%)
82% - Premium Payroll Solutions Limited
5.2% - Industry AVG
Production
with a gross margin of 2.9%, this company has a higher cost of product (56.8%)
2.9% - Premium Payroll Solutions Limited
56.8% - Industry AVG
Profitability
an operating margin of 0.8% make it less profitable than the average company (5.7%)
0.8% - Premium Payroll Solutions Limited
5.7% - Industry AVG
Employees
with 149 employees, this is above the industry average (16)
149 - Premium Payroll Solutions Limited
16 - Industry AVG
Pay Structure
on an average salary of £101k, the company has a higher pay structure (£29.5k)
£101k - Premium Payroll Solutions Limited
£29.5k - Industry AVG
Efficiency
resulting in sales per employee of £103.9k, this is more efficient (£50.7k)
£103.9k - Premium Payroll Solutions Limited
£50.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Premium Payroll Solutions Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (24 days)
0 days - Premium Payroll Solutions Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Premium Payroll Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 8 weeks, this is less cash available to meet short term requirements (108 weeks)
8 weeks - Premium Payroll Solutions Limited
108 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.7%, this is a higher level of debt than the average (23.2%)
68.7% - Premium Payroll Solutions Limited
23.2% - Industry AVG
PREMIUM PAYROLL SOLUTIONS LIMITED financials
EXPORT
Premium Payroll Solutions Limited's latest turnover from August 2023 is £15.5 million and the company has net assets of £594.9 thousand. According to their latest financial statements, Premium Payroll Solutions Limited has 149 employees and maintains cash reserves of £187.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Aug 2022
Feb 2021
Feb 2020
Feb 2019
Jun 2018
Jun 2017
Jun 2016
Turnover
15,484,261
23,401,566
75,687
2,577,217
48,063
100,352
50,361
Other Income Or Grants
Cost Of Sales
15,043,631
22,754,073
35,643
1,215,555
24,319
50,539
24,692
Gross Profit
440,630
647,493
40,045
1,361,662
23,744
49,813
25,669
Admin Expenses
311,405
306,186
-199,608
1,337,952
23,806
49,651
25,454
-350
Operating Profit
129,225
341,307
239,653
23,710
-62
162
215
350
Interest Payable
15,244
4,745
Interest Receivable
11,835
16,690
322
330
10
Pre-Tax Profit
125,816
353,252
239,975
24,040
-52
162
215
350
Tax
-29,570
-69,075
-45,595
-4,568
-31
-41
-70
Profit After Tax
96,246
284,177
194,380
19,472
-52
131
174
280
Dividends Paid
Retained Profit
96,246
284,177
194,380
19,472
-52
131
174
280
Employee Costs
15,043,631
22,752,572
52,939
50,575
24,861
73,323
23,585
Number Of Employees
149
179
2
2
1
3
1
EBITDA*
129,225
341,307
239,653
23,710
-62
162
225
470
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Feb 2021
Feb 2020
Feb 2019
Jun 2018
Jun 2017
Jun 2016
Tangible Assets
360
480
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
360
480
Stock & work in progress
Trade Debtors
419,567
7,080
3,000
Group Debtors
60,000
Misc Debtors
1,710,547
1,397,378
321,610
2,535
2,064
6,449
Cash
187,623
739,491
558,602
85,169
2,718
misc current assets
total current assets
1,898,170
2,136,869
880,212
567,271
2,718
7,080
5,064
6,449
total assets
1,898,170
2,136,869
880,212
567,271
2,718
7,080
5,424
6,929
Bank overdraft
Bank loan
50,000
61,379
Trade Creditors
3,666
22,232
1,112
19,459
6,495
Group/Directors Accounts
333,767
other short term finances
hp & lease commitments
other current liabilities
786,662
1,386,805
664,615
527,707
2,085
4,870
6,549
total current liabilities
1,174,095
1,470,416
665,727
547,166
2,085
6,495
4,870
6,549
loans
129,167
167,791
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
129,167
167,791
total liabilities
1,303,262
1,638,207
665,727
547,166
2,085
6,495
4,870
6,549
net assets
594,908
498,662
214,485
20,105
633
585
554
380
total shareholders funds
594,908
498,662
214,485
20,105
633
585
554
380
Aug 2023
Aug 2022
Feb 2021
Feb 2020
Feb 2019
Jun 2018
Jun 2017
Jun 2016
Operating Activities
Operating Profit
129,225
341,307
239,653
23,710
-62
162
215
350
Depreciation
10
120
Amortisation
Tax
-29,570
-69,075
-45,595
-4,568
-31
-41
-70
Stock
Debtors
313,169
1,075,768
-160,492
482,102
-7,080
2,016
-1,385
6,449
Creditors
-18,566
21,120
-18,347
19,459
-6,495
6,495
Accruals and Deferred Income
-600,143
722,190
136,908
525,622
2,085
-4,870
-1,679
6,549
Deferred Taxes & Provisions
Cash flow from operations
-832,223
-60,226
473,111
82,121
2,608
-260
-110
500
Investing Activities
capital expenditure
360
110
-600
Change in Investments
cash flow from investments
360
110
-600
Financing Activities
Bank loans
-11,379
61,379
Group/Directors Accounts
333,767
Other Short Term Loans
Long term loans
-38,624
167,791
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
-100
100
interest
-3,409
11,945
322
330
10
cash flow from financing
280,355
241,115
322
330
110
-100
100
cash and cash equivalents
cash
-551,868
180,889
473,433
82,451
2,718
overdraft
change in cash
-551,868
180,889
473,433
82,451
2,718
premium payroll solutions 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 premium payroll solutions limited. Get real-time insights into premium payroll solutions limited's credit score, group structure and payment trends.
Perform a competitor analysis for premium payroll solutions limited by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in OL8 area or any other competitors across 12 key performance metrics.
premium payroll solutions limited Ownership
PREMIUM PAYROLL SOLUTIONS LIMITED group structure
Premium Payroll Solutions Limited has no subsidiary companies.
Ultimate parent company
PREMIUM PAYROLL SOLUTIONS LIMITED
09634106
PREMIUM PAYROLL SOLUTIONS LIMITED Shareholders
The sole shareholder of Premium Payroll Solutions Limited is Site Contract Investments Ltd.
site contract investments ltd
100%
premium payroll solutions limited directors
Premium Payroll Solutions Limited currently has 2 directors.
The longest serving directors include
Mr Anthony Lloyd (Jun 2019) and
Mr Peter Travis (Jun 2019).
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 premium payroll solutions limited.
premium payroll solutions limited Capital Raised & Share Issues BETA
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premium payroll solutions limitedCompanies House Filings - See Documents
