pallett services limited Company Information
Company Number
10095196
Website
-Registered Address
rockleigh house 37 burton road, ashby-de-la-zouch, LE65 2LF
Industry
Sale of other motor vehicles
Telephone
01822835851
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
duncan pallett 50%
alex pallett 50%
pallett services limited Estimated Valuation
The estimated valuation range for pallett services limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £430 to £121k
pallett services limited Estimated Valuation
The estimated valuation range for pallett services limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £430 to £121k
pallett services limited Estimated Valuation
The estimated valuation range for pallett services limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £430 to £121k
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Pallett Services Limited Overview
Pallett Services Limited is a live company located in ashby-de-la-zouch, LE65 2LF with a Companies House number of 10095196. It operates in the sale of other motor vehicles sector, SIC Code 45190. Founded in March 2016, it's largest shareholder is duncan pallett with a 50% stake. Pallett Services Limited is a young, small sized company, Pomanda has estimated its turnover at £531.3k with high growth in recent years.
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Pallett Services Limited Health Check
Pomanda's financial health check has awarded Pallett Services Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £531.3k, make it smaller than the average company (£22.8m)
- Pallett Services Limited
£22.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (4.8%)
- Pallett Services Limited
4.8% - Industry AVG
Production
with a gross margin of 10.6%, this company has a higher cost of product (14.6%)
- Pallett Services Limited
14.6% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (4.7%)
- Pallett Services Limited
4.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (50)
2 - Pallett Services Limited
50 - Industry AVG
Pay Structure
on an average salary of £40.5k, the company has an equivalent pay structure (£40.5k)
- Pallett Services Limited
£40.5k - Industry AVG
Efficiency
resulting in sales per employee of £265.7k, this is less efficient (£480.5k)
- Pallett Services Limited
£480.5k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is later than average (20 days)
- Pallett Services Limited
20 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (39 days)
- Pallett Services Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pallett Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Pallett Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.2%, this is a lower level of debt than the average (64.6%)
49.2% - Pallett Services Limited
64.6% - Industry AVG
pallett services limited Credit Report and Business Information
Pallett Services Limited Competitor Analysis
Perform a competitor analysis for pallett services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
pallett services limited Ownership
PALLETT SERVICES LIMITED group structure
Pallett Services Limited has no subsidiary companies.
Ultimate parent company
PALLETT SERVICES LIMITED
10095196
pallett services limited directors
Pallett Services Limited currently has 2 directors. The longest serving directors include Mr Duncan Pallett (Mar 2016) and Mr Alex Pallett (Mar 2016).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Duncan Pallett | 44 years | Mar 2016 | - | Director | |
Mr Alex Pallett | England | 34 years | Mar 2016 | - | Director |
PALLETT SERVICES LIMITED financials
Pallett Services Limited's latest turnover from March 2023 is estimated at £531.3 thousand and the company has net assets of £41.4 thousand. According to their latest financial statements, Pallett Services Limited has 2 employees and maintains cash reserves of 0 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 | 2 | 2 | 2 | 2 | 2 | ||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 1,084 | 1,476 | 2,952 | 1,587 | 175 | 262 | 0 |
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 | 1,084 | 1,476 | 2,952 | 1,587 | 175 | 262 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 80,285 | 87,071 | 89,771 | 19,608 | 23,767 | 6,977 | 4,245 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 80,285 | 87,071 | 89,771 | 19,608 | 23,767 | 6,977 | 4,245 |
total assets | 81,369 | 88,547 | 92,723 | 21,195 | 23,942 | 7,239 | 4,245 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 14,806 | 12,105 | 4,799 | 2,642 | 6,345 | 3,235 | 3,611 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | 0 | 0 |
total current liabilities | 14,806 | 12,105 | 4,799 | 2,642 | 6,345 | 3,235 | 3,611 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 470 | 470 | 470 | 470 | 470 |
other liabilities | 25,185 | 35,185 | 50,000 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 25,185 | 35,185 | 50,470 | 470 | 470 | 470 | 470 |
total liabilities | 39,991 | 47,290 | 55,269 | 3,112 | 6,815 | 3,705 | 4,081 |
net assets | 41,378 | 41,257 | 37,454 | 18,083 | 17,127 | 3,534 | 164 |
total shareholders funds | 41,378 | 41,257 | 37,454 | 18,083 | 17,127 | 3,534 | 164 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | 0 | ||||||
Amortisation | 0 | ||||||
Tax | |||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -6,786 | -2,700 | 70,163 | -4,159 | 16,790 | 2,732 | 4,245 |
Creditors | 2,701 | 7,306 | 2,157 | -3,703 | 3,110 | -376 | 3,611 |
Accruals and Deferred Income | 0 | -470 | 0 | 0 | 0 | 0 | 470 |
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 | 0 | 0 | 0 |
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 | -10,000 | -14,815 | 50,000 | 0 | 0 | 0 | 0 |
share issue | |||||||
interest | |||||||
cash flow from financing | |||||||
cash and cash equivalents | |||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
P&L
March 2023turnover
531.3k
+2%
operating profit
149.4
0%
gross margin
10.7%
+7.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
41.4k
0%
total assets
81.4k
-0.08%
cash
0
0%
net assets
Total assets minus all liabilities
pallett services limited company details
company number
10095196
Type
Private limited with Share Capital
industry
45190 - Sale of other motor vehicles
incorporation date
March 2016
age
8
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
rockleigh house 37 burton road, ashby-de-la-zouch, LE65 2LF
last accounts submitted
March 2023
pallett services 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 pallett services limited.
pallett services limited Companies House Filings - See Documents
date | description | view/download |
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