picac ltd
picac ltd Company Information
Company Number
09945257
Next Accounts
Feb 2025
Directors
Shareholders
jacqueline valdes garrido
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
14 farlands drive, manchester, greater manchester, M20 5GB
Website
picac.vic.edu.aupicac ltd Estimated Valuation
Pomanda estimates the enterprise value of PICAC LTD at £143.2k based on a Turnover of £61.7k and 2.32x industry multiple (adjusted for size and gross margin).
picac ltd Estimated Valuation
Pomanda estimates the enterprise value of PICAC LTD at £0 based on an EBITDA of £-3.5k and a 4.66x industry multiple (adjusted for size and gross margin).
picac ltd Estimated Valuation
Pomanda estimates the enterprise value of PICAC LTD at £254.4k based on Net Assets of £144.2k and 1.76x industry multiple (adjusted for liquidity).
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Picac Ltd Overview
Picac Ltd is a live company located in greater manchester, M20 5GB with a Companies House number of 09945257. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 2016, it's largest shareholder is jacqueline valdes garrido with a 100% stake. Picac Ltd is a young, micro sized company, Pomanda has estimated its turnover at £61.7k with rapid growth in recent years.
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Picac Ltd Health Check
Pomanda's financial health check has awarded Picac Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £61.7k, make it smaller than the average company (£830.5k)
- Picac Ltd
£830.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 90%, show it is growing at a faster rate (2.3%)
- Picac Ltd
2.3% - Industry AVG
Production
with a gross margin of 29%, this company has a higher cost of product (72.5%)
- Picac Ltd
72.5% - Industry AVG
Profitability
an operating margin of -5.6% make it less profitable than the average company (26.9%)
- Picac Ltd
26.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Picac Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.1k, the company has an equivalent pay structure (£31.1k)
- Picac Ltd
£31.1k - Industry AVG
Efficiency
resulting in sales per employee of £61.7k, this is less efficient (£178.2k)
- Picac Ltd
£178.2k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is later than average (33 days)
- Picac Ltd
33 days - Industry AVG
Creditor Days
its suppliers are paid after 754 days, this is slower than average (35 days)
- Picac Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Picac Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Picac Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.8%, this is a lower level of debt than the average (67.1%)
38.8% - Picac Ltd
67.1% - Industry AVG
PICAC LTD financials
Picac Ltd's latest turnover from May 2023 is estimated at £61.7 thousand and the company has net assets of £144.2 thousand. According to their latest financial statements, we estimate that Picac Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 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 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 225,585 | 226,149 | 225,033 | 225,259 | 225,485 | 225,711 | 225,937 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 225,585 | 226,149 | 225,033 | 225,259 | 225,485 | 225,711 | 225,937 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 9,970 | 5,512 | 3,996 | 41 | 58 | 1,295 | 4,950 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 77 | 9 | 44 | 72 | 0 | 834 | 533 |
| Cash | 0 | 0 | 0 | 0 | 0 | 36 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,047 | 5,521 | 4,040 | 113 | 58 | 2,165 | 5,483 |
| total assets | 235,632 | 231,670 | 229,073 | 225,372 | 225,543 | 227,876 | 231,420 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 90,632 | 29,174 | 27,255 | 24,492 | 19,539 | 128 | 90 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 14,004 | 12,971 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 66,782 | 71,388 |
| total current liabilities | 90,632 | 29,174 | 27,255 | 24,492 | 19,539 | 80,914 | 84,449 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 761 | 2,163 | 461 | 701 | 1,248 | 0 | 0 |
| other liabilities | 0 | 52,628 | 52,647 | 53,022 | 57,775 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 761 | 54,791 | 53,108 | 53,723 | 59,023 | 0 | 0 |
| total liabilities | 91,393 | 83,965 | 80,363 | 78,215 | 78,562 | 80,914 | 84,449 |
| net assets | 144,239 | 147,705 | 148,710 | 147,157 | 146,981 | 146,962 | 146,971 |
| total shareholders funds | 144,239 | 147,705 | 148,710 | 147,157 | 146,981 | 146,962 | 146,971 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 226 | ||||||
| Amortisation | 0 | ||||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,526 | 1,481 | 3,927 | 55 | -2,071 | -3,354 | 5,483 |
| Creditors | 61,458 | 1,919 | 2,763 | 4,953 | 19,411 | 38 | 90 |
| Accruals and Deferred Income | -1,402 | 1,702 | -240 | -547 | -65,534 | -4,606 | 71,388 |
| 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 | 0 | 0 | 0 | 0 | -14,004 | 1,033 | 12,971 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -52,628 | -19 | -375 | -4,753 | 57,775 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | -36 | 36 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -36 | 36 | 0 |
picac ltd Credit Report and Business Information
Picac Ltd Competitor Analysis
Perform a competitor analysis for picac ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M20 area or any other competitors across 12 key performance metrics.
picac ltd Ownership
PICAC LTD group structure
Picac Ltd has no subsidiary companies.
Ultimate parent company
PICAC LTD
09945257
picac ltd directors
Picac Ltd currently has 1 director, Mr Peter Hockenhull serving since Jan 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Hockenhull | England | 75 years | Jan 2016 | - | Director |
P&L
May 2023turnover
61.7k
+121%
operating profit
-3.5k
0%
gross margin
29%
+2.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
144.2k
-0.02%
total assets
235.6k
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
picac ltd company details
company number
09945257
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
January 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
14 farlands drive, manchester, greater manchester, M20 5GB
Bank
-
Legal Advisor
-
picac ltd 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 found 1 charges/mortgages relating to picac ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
picac ltd 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 PICAC LTD. This can take several minutes, an email will notify you when this has completed.
picac ltd Companies House Filings - See Documents
| date | description | view/download |
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