pa laundrette ltd
pa laundrette ltd Company Information
Company Number
09956419
Next Accounts
Apr 2025
Industry
Washing and (dry-)cleaning of textile and fur products
Shareholders
pritesh chohan
abraham paul nicholas horner
Group Structure
View All
Contact
Registered Address
107 uppingham road, uppingham road, leicester, LE5 3TB
Website
-pa laundrette ltd Estimated Valuation
Pomanda estimates the enterprise value of PA LAUNDRETTE LTD at £59.7k based on a Turnover of £114.6k and 0.52x industry multiple (adjusted for size and gross margin).
pa laundrette ltd Estimated Valuation
Pomanda estimates the enterprise value of PA LAUNDRETTE LTD at £0 based on an EBITDA of £-3.1k and a 2.79x industry multiple (adjusted for size and gross margin).
pa laundrette ltd Estimated Valuation
Pomanda estimates the enterprise value of PA LAUNDRETTE LTD at £20.9k based on Net Assets of £9.2k and 2.28x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Pa Laundrette Ltd Overview
Pa Laundrette Ltd is a live company located in leicester, LE5 3TB with a Companies House number of 09956419. It operates in the washing and (dry-)cleaning of textile and fur products sector, SIC Code 96010. Founded in January 2016, it's largest shareholder is pritesh chohan with a 50% stake. Pa Laundrette Ltd is a young, micro sized company, Pomanda has estimated its turnover at £114.6k with rapid growth in recent years.
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Pa Laundrette Ltd Health Check
Pomanda's financial health check has awarded Pa Laundrette 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 £114.6k, make it smaller than the average company (£629k)
- Pa Laundrette Ltd
£629k - Industry AVG
Growth
3 year (CAGR) sales growth of 101%, show it is growing at a faster rate (5.2%)
- Pa Laundrette Ltd
5.2% - Industry AVG
Production
with a gross margin of 26.5%, this company has a higher cost of product (47%)
- Pa Laundrette Ltd
47% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (5.4%)
- Pa Laundrette Ltd
5.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (18)
1 - Pa Laundrette Ltd
18 - Industry AVG
Pay Structure
on an average salary of £25.6k, the company has an equivalent pay structure (£25.6k)
- Pa Laundrette Ltd
£25.6k - Industry AVG
Efficiency
resulting in sales per employee of £114.6k, this is more efficient (£57k)
- Pa Laundrette Ltd
£57k - Industry AVG
Debtor Days
it gets paid by customers after 99 days, this is later than average (43 days)
- Pa Laundrette Ltd
43 days - Industry AVG
Creditor Days
its suppliers are paid after 84 days, this is slower than average (31 days)
- Pa Laundrette Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pa Laundrette Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Pa Laundrette Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.1%, this is a higher level of debt than the average (56.2%)
75.1% - Pa Laundrette Ltd
56.2% - Industry AVG
PA LAUNDRETTE LTD financials
Pa Laundrette Ltd's latest turnover from July 2023 is estimated at £114.6 thousand and the company has net assets of £9.2 thousand. According to their latest financial statements, Pa Laundrette Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jan 2017 | Jul 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 | 1 | 1 | 2 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jan 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,427 | 6,783 | 8,479 | 10,598 | 17,810 | 24,044 | 30,526 | 34,886 | 34,886 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,427 | 6,783 | 8,479 | 10,598 | 17,810 | 24,044 | 30,526 | 34,886 | 34,886 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 31,370 | 30,609 | 33,350 | 0 | 3,351 | 689 | 3,642 | 8,719 | 8,719 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 28,331 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 536 | 517 | 230 | 230 |
| total current assets | 31,370 | 30,609 | 33,350 | 28,331 | 3,351 | 1,225 | 4,159 | 8,949 | 8,949 |
| total assets | 36,797 | 37,392 | 41,829 | 38,929 | 21,161 | 25,269 | 34,685 | 43,835 | 43,835 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 19,489 | 13,558 | 3,783 | 3,396 | 23,904 | 35,448 | 43,592 | 52,714 | 52,714 |
| Group/Directors Accounts | 0 | 0 | 0 | 21,547 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 19,489 | 13,558 | 3,783 | 24,943 | 23,904 | 35,448 | 43,592 | 52,714 | 52,714 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,110 | 1,080 | 0 | 0 | 870 | 810 | 1,140 | 360 | 360 |
| other liabilities | 7,021 | 10,489 | 17,718 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 8,131 | 11,569 | 17,718 | 0 | 870 | 810 | 1,140 | 360 | 360 |
| total liabilities | 27,620 | 25,127 | 21,501 | 24,943 | 24,774 | 36,258 | 44,732 | 53,074 | 53,074 |
| net assets | 9,177 | 12,265 | 20,328 | 13,986 | -3,613 | -10,989 | -10,047 | -9,239 | -9,239 |
| total shareholders funds | 9,177 | 12,265 | 20,328 | 13,986 | -3,613 | -10,989 | -10,047 | -9,239 | -9,239 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jan 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 2,119 | ||||||||
| Amortisation | 0 | 0 | |||||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 761 | -2,741 | 33,350 | -3,351 | 2,662 | -2,953 | -5,077 | 0 | 8,719 |
| Creditors | 5,931 | 9,775 | 387 | -20,508 | -11,544 | -8,144 | -9,122 | 0 | 52,714 |
| Accruals and Deferred Income | 30 | 1,080 | 0 | -870 | 60 | -330 | 780 | 0 | 360 |
| Deferred Taxes & Provisions | 0 | 0 | 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 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -21,547 | 21,547 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -3,468 | -7,229 | 17,718 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | -28,331 | 28,331 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -28,331 | 28,331 | 0 | 0 | 0 | 0 | 0 |
pa laundrette ltd Credit Report and Business Information
Pa Laundrette Ltd Competitor Analysis
Perform a competitor analysis for pa laundrette ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in LE5 area or any other competitors across 12 key performance metrics.
pa laundrette ltd Ownership
PA LAUNDRETTE LTD group structure
Pa Laundrette Ltd has no subsidiary companies.
Ultimate parent company
PA LAUNDRETTE LTD
09956419
pa laundrette ltd directors
Pa Laundrette Ltd currently has 2 directors. The longest serving directors include Mr Pritesh Chohan (Jan 2016) and Mr Abraham Horner (Feb 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Pritesh Chohan | England | 35 years | Jan 2016 | - | Director |
| Mr Abraham Horner | England | 33 years | Feb 2020 | - | Director |
P&L
July 2023turnover
114.6k
+37%
operating profit
-3.1k
0%
gross margin
26.6%
+18.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
9.2k
-0.25%
total assets
36.8k
-0.02%
cash
0
0%
net assets
Total assets minus all liabilities
pa laundrette ltd company details
company number
09956419
Type
Private limited with Share Capital
industry
96010 - Washing and (dry-)cleaning of textile and fur products
incorporation date
January 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
107 uppingham road, uppingham road, leicester, LE5 3TB
Bank
-
Legal Advisor
-
pa laundrette 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 did not find charges/mortgages relating to pa laundrette ltd.
pa laundrette 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 PA LAUNDRETTE LTD. This can take several minutes, an email will notify you when this has completed.
pa laundrette ltd Companies House Filings - See Documents
| date | description | view/download |
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