parallel (storm) limited
parallel (storm) limited Company Information
Company Number
09960736
Website
www.parallelfilms.comRegistered Address
107 - 109 great portland street, london, W1W 6QG
Industry
Television programme production activities
Motion picture, video and television programme post-production activities
Telephone
02075806888
Next Accounts Due
October 2024
Group Structure
View All
Directors
Alan Moloney8 Years
Shareholders
parallel holdings ltd 100%
parallel (storm) limited Estimated Valuation
Pomanda estimates the enterprise value of PARALLEL (STORM) LIMITED at £227.6k based on a Turnover of £709.9k and 0.32x industry multiple (adjusted for size and gross margin).
parallel (storm) limited Estimated Valuation
Pomanda estimates the enterprise value of PARALLEL (STORM) LIMITED at £0 based on an EBITDA of £-999 and a 1.69x industry multiple (adjusted for size and gross margin).
parallel (storm) limited Estimated Valuation
Pomanda estimates the enterprise value of PARALLEL (STORM) LIMITED at £0 based on Net Assets of £-999 and 1.46x industry multiple (adjusted for liquidity).
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Parallel (storm) Limited Overview
Parallel (storm) Limited is a dissolved company that was located in london, W1W 6QG with a Companies House number of 09960736. It operated in the motion picture production activities sector, SIC Code 59111. Founded in January 2016, it's largest shareholder was parallel holdings ltd with a 100% stake. The last turnover for Parallel (storm) Limited was estimated at £709.9k.
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Parallel (storm) Limited Health Check
Pomanda's financial health check has awarded Parallel (Storm) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £709.9k, make it in line with the average company (£845.4k)
- Parallel (storm) Limited
£845.4k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Parallel (storm) Limited
- - Industry AVG
Production
with a gross margin of 5.8%, this company has a higher cost of product (31.7%)
- Parallel (storm) Limited
31.7% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (6.6%)
- Parallel (storm) Limited
6.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (23)
- Parallel (storm) Limited
23 - Industry AVG
Pay Structure
on an average salary of £47.5k, the company has an equivalent pay structure (£47.5k)
- Parallel (storm) Limited
£47.5k - Industry AVG
Efficiency
resulting in sales per employee of £236.6k, this is more efficient (£174.9k)
- Parallel (storm) Limited
£174.9k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (35 days)
- Parallel (storm) Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 82 days, this is slower than average (17 days)
- Parallel (storm) Limited
17 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Parallel (storm) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Parallel (storm) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.7%, this is a higher level of debt than the average (82%)
100.7% - Parallel (storm) Limited
82% - Industry AVG
PARALLEL (STORM) LIMITED financials
Parallel (Storm) Limited's latest turnover from January 2017 is estimated at £709.9 thousand and the company has net assets of -£999. According to their latest financial statements, we estimate that Parallel (Storm) Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 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
| Jan 2017 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 0 |
| Stock & work in progress | 0 |
| Trade Debtors | 150,501 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 150,501 |
| total assets | 150,501 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 151,500 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 151,500 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 151,500 |
| net assets | -999 |
| total shareholders funds | -999 |
| Jan 2017 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 150,501 |
| Creditors | 151,500 |
| Accruals and Deferred Income | 0 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 0 |
| overdraft | 0 |
| change in cash | 0 |
parallel (storm) limited Credit Report and Business Information
Parallel (storm) Limited Competitor Analysis
Perform a competitor analysis for parallel (storm) limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in W1W area or any other competitors across 12 key performance metrics.
parallel (storm) limited Ownership
PARALLEL (STORM) LIMITED group structure
Parallel (Storm) Limited has no subsidiary companies.
Ultimate parent company
PARALLEL HOLDINGS LIMITED
IE396780
2 parents
PARALLEL (STORM) LIMITED
09960736
parallel (storm) limited directors
Parallel (Storm) Limited currently has 1 director, Mr Alan Moloney serving since Jan 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alan Moloney | United Kingdom | 58 years | Jan 2016 | - | Director |
P&L
January 2017turnover
709.9k
0%
operating profit
-999
0%
gross margin
5.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2017net assets
-999
0%
total assets
150.5k
0%
cash
0
0%
net assets
Total assets minus all liabilities
parallel (storm) limited company details
company number
09960736
Type
Private limited with Share Capital
industry
59111 - Motion picture production activities
59113 - Television programme production activities
59120 - Motion picture, video and television programme post-production activities
incorporation date
January 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2017
previous names
N/A
accountant
-
auditor
-
address
107 - 109 great portland street, london, W1W 6QG
Bank
-
Legal Advisor
-
parallel (storm) 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 parallel (storm) limited.
parallel (storm) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
