pierian limited
pierian limited Company Information
Company Number
09923207
Next Accounts
Dec 2024
Industry
Management consultancy activities (other than financial management)
Business and domestic software development
Shareholders
rajeev nandan
chakshu saharan
Group Structure
View All
Contact
Registered Address
43-45 high road, bushey heath, WD23 1EE
Website
-pierian limited Estimated Valuation
Pomanda estimates the enterprise value of PIERIAN LIMITED at £521.1k based on a Turnover of £725.9k and 0.72x industry multiple (adjusted for size and gross margin).
pierian limited Estimated Valuation
Pomanda estimates the enterprise value of PIERIAN LIMITED at £1.9m based on an EBITDA of £376.9k and a 4.91x industry multiple (adjusted for size and gross margin).
pierian limited Estimated Valuation
Pomanda estimates the enterprise value of PIERIAN LIMITED at £2.5m based on Net Assets of £975.7k and 2.52x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Pierian Limited Overview
Pierian Limited is a live company located in bushey heath, WD23 1EE with a Companies House number of 09923207. It operates in the business and domestic software development sector, SIC Code 62012. Founded in December 2015, it's largest shareholder is rajeev nandan with a 50% stake. Pierian Limited is a young, small sized company, Pomanda has estimated its turnover at £725.9k with rapid growth in recent years.
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Pierian Limited Health Check
Pomanda's financial health check has awarded Pierian Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
2 Weak
Size
annual sales of £725.9k, make it smaller than the average company (£1.7m)
- Pierian Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (7%)
- Pierian Limited
7% - Industry AVG
Production
with a gross margin of 63.2%, this company has a comparable cost of product (63.2%)
- Pierian Limited
63.2% - Industry AVG
Profitability
an operating margin of 47.9% make it more profitable than the average company (6.5%)
- Pierian Limited
6.5% - Industry AVG
Employees
with 6 employees, this is below the industry average (16)
6 - Pierian Limited
16 - Industry AVG
Pay Structure
on an average salary of £52.8k, the company has an equivalent pay structure (£52.8k)
- Pierian Limited
£52.8k - Industry AVG
Efficiency
resulting in sales per employee of £121k, this is equally as efficient (£108.3k)
- Pierian Limited
£108.3k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is near the average (69 days)
- Pierian Limited
69 days - Industry AVG
Creditor Days
its suppliers are paid after 600 days, this is slower than average (38 days)
- Pierian Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pierian Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 91 weeks, this is more cash available to meet short term requirements (23 weeks)
91 weeks - Pierian Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.8%, this is a lower level of debt than the average (58.1%)
50.8% - Pierian Limited
58.1% - Industry AVG
PIERIAN LIMITED financials
Pierian Limited's latest turnover from March 2023 is estimated at £725.9 thousand and the company has net assets of £975.7 thousand. According to their latest financial statements, Pierian Limited has 6 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 6 | 6 | 3 | 3 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 58,427 | 48,316 | 24,432 | 1,857 | 228 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 7,157 | 14,314 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 58,427 | 48,316 | 24,432 | 1,857 | 228 | 7,157 | 14,314 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 129,037 | 683,195 | 399,414 | 56,209 | 237,244 | 49,693 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 22,550 | 0 | 0 | 0 | 0 | 1,487 | 35,224 |
| Cash | 1,772,016 | 511,703 | 169,332 | 295,651 | 57,770 | 115,539 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 89,331 |
| total current assets | 1,923,603 | 1,194,898 | 568,746 | 351,860 | 295,014 | 166,719 | 124,555 |
| total assets | 1,982,030 | 1,243,214 | 593,178 | 353,717 | 295,242 | 173,876 | 138,869 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 2,042 | 1,606 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 438,992 | 190,589 | 271,490 | 111,945 | 137,174 | 18,328 | 22,869 |
| Group/Directors Accounts | 223,090 | 164,796 | 170,250 | 625 | 42,775 | 111,618 | 73,890 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 344,282 | 233,416 | 68,673 | 187,073 | 24,939 | 25,845 | 40,458 |
| total current liabilities | 1,006,364 | 588,801 | 510,413 | 299,643 | 204,888 | 157,833 | 138,823 |
| loans | 0 | 0 | 50,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 50,000 | 0 | 0 | 0 | 0 |
| total liabilities | 1,006,364 | 588,801 | 560,413 | 299,643 | 204,888 | 157,833 | 138,823 |
| net assets | 975,666 | 654,413 | 32,765 | 54,074 | 90,354 | 16,043 | 46 |
| total shareholders funds | 975,666 | 654,413 | 32,765 | 54,074 | 90,354 | 16,043 | 46 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 28,775 | 18,731 | 12,566 | 969 | 112 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 7,157 | 7,157 | 7,157 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -531,608 | 283,781 | 343,205 | -181,035 | 186,064 | 15,956 | 35,224 |
| Creditors | 248,403 | -80,901 | 159,545 | -25,229 | 118,846 | -4,541 | 22,869 |
| Accruals and Deferred Income | 110,866 | 164,743 | -118,400 | 162,134 | -906 | -14,613 | 40,458 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 58,294 | -5,454 | 169,625 | -42,150 | -68,843 | 37,728 | 73,890 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -50,000 | 50,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 1,260,313 | 342,371 | -126,319 | 237,881 | -57,769 | 115,539 | 0 |
| overdraft | 0 | 0 | 0 | 0 | -2,042 | 436 | 1,606 |
| change in cash | 1,260,313 | 342,371 | -126,319 | 237,881 | -55,727 | 115,103 | -1,606 |
pierian limited Credit Report and Business Information
Pierian Limited Competitor Analysis
Perform a competitor analysis for pierian limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in WD23 area or any other competitors across 12 key performance metrics.
pierian limited Ownership
PIERIAN LIMITED group structure
Pierian Limited has no subsidiary companies.
Ultimate parent company
PIERIAN LIMITED
09923207
pierian limited directors
Pierian Limited currently has 2 directors. The longest serving directors include Mr Rajeev Nandan (Dec 2015) and Ms Chakshu Saharan (Dec 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rajeev Nandan | England | 49 years | Dec 2015 | - | Director |
| Ms Chakshu Saharan | England | 48 years | Dec 2015 | - | Director |
P&L
March 2023turnover
725.9k
-66%
operating profit
348.1k
0%
gross margin
63.3%
-1.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
975.7k
+0.49%
total assets
2m
+0.59%
cash
1.8m
+2.46%
net assets
Total assets minus all liabilities
Similar Companies
pierian limited company details
company number
09923207
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
62012 - Business and domestic software development
incorporation date
December 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
space graffiti limited (February 2019)
accountant
CHARTERWELLS
auditor
-
address
43-45 high road, bushey heath, WD23 1EE
Bank
-
Legal Advisor
-
pierian 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 pierian limited.
pierian 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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pierian limited Companies House Filings - See Documents
| date | description | view/download |
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