parallel (storm) limited

2

parallel (storm) limited Company Information

Share PARALLEL (STORM) LIMITED
Dissolved 

Company Number

09960736

Registered Address

107 - 109 great portland street, london, W1W 6QG

Industry

Television programme production activities

 

Motion picture, video and television programme post-production activities

 
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Telephone

02075806888

Next Accounts Due

October 2024

Group Structure

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Directors

Alan Moloney8 Years

Shareholders

parallel holdings ltd 100%

parallel (storm) limited Estimated Valuation

£227.6k

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

£0

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

£0

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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £709.9k, make it in line with the average company (£845.4k)

£709.9k - Parallel (storm) Limited

£845.4k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Parallel (storm) Limited

- - Industry AVG

production

Production

with a gross margin of 5.8%, this company has a higher cost of product (31.7%)

5.8% - Parallel (storm) Limited

31.7% - Industry AVG

profitability

Profitability

an operating margin of -0.1% make it less profitable than the average company (6.6%)

-0.1% - Parallel (storm) Limited

6.6% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (23)

3 - Parallel (storm) Limited

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.5k, the company has an equivalent pay structure (£47.5k)

£47.5k - Parallel (storm) Limited

£47.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £236.6k, this is more efficient (£174.9k)

£236.6k - Parallel (storm) Limited

£174.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 77 days, this is later than average (35 days)

77 days - Parallel (storm) Limited

35 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 82 days, this is slower than average (17 days)

82 days - Parallel (storm) Limited

17 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Parallel (storm) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Parallel (storm) Limited

- - Industry AVG

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Jan 2017
Turnover709,857
Other Income Or Grants0
Cost Of Sales668,780
Gross Profit41,077
Admin Expenses42,076
Operating Profit-999
Interest Payable0
Interest Receivable0
Pre-Tax Profit-999
Tax0
Profit After Tax-999
Dividends Paid0
Retained Profit-999
Employee Costs142,478
Number Of Employees3
EBITDA*-999

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2017
Tangible Assets0
Intangible Assets0
Investments & Other0
Debtors (Due After 1 year)0
Total Fixed Assets0
Stock & work in progress0
Trade Debtors150,501
Group Debtors0
Misc Debtors0
Cash0
misc current assets0
total current assets150,501
total assets150,501
Bank overdraft0
Bank loan0
Trade Creditors 151,500
Group/Directors Accounts0
other short term finances0
hp & lease commitments0
other current liabilities0
total current liabilities151,500
loans0
hp & lease commitments0
Accruals and Deferred Income0
other liabilities0
provisions0
total long term liabilities0
total liabilities151,500
net assets-999
total shareholders funds-999
Jan 2017
Operating Activities
Operating Profit-999
Depreciation0
Amortisation0
Tax0
Stock0
Debtors150,501
Creditors151,500
Accruals and Deferred Income0
Deferred Taxes & Provisions0
Cash flow from operations0
Investing Activities
capital expenditure0
Change in Investments0
cash flow from investments0
Financing Activities
Bank loans0
Group/Directors Accounts0
Other Short Term Loans 0
Long term loans0
Hire Purchase and Lease Commitments0
other long term liabilities0
share issue0
interest0
cash flow from financing0
cash and cash equivalents
cash0
overdraft0
change in cash0

parallel (storm) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Parallel (storm) Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

parallel holdings ltd 100%

parallel (storm) limited directors

Parallel (Storm) Limited currently has 1 director, Mr Alan Moloney serving since Jan 2016.

officercountryagestartendrole
Mr Alan MoloneyUnited Kingdom58 years Jan 2016- Director

P&L

January 2017

turnover

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 2017

net 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

PARALLEL HOLDINGS LIMITED

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.

charges

parallel (storm) limited Companies House Filings - See Documents

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