pallett services limited

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pallett services limited Company Information

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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

Directors

Duncan Pallett8 Years

Alex Pallett8 Years

Shareholders

duncan pallett 50%

alex pallett 50%

pallett services limited Estimated Valuation

£430 - £121k

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

£430 - £121k

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

£430 - £121k

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.

Pallett Services Limited AI Business Plan

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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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £531.3k, make it smaller than the average company (£22.8m)

£531.3k - Pallett Services Limited

£22.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (4.8%)

24% - Pallett Services Limited

4.8% - Industry AVG

production

Production

with a gross margin of 10.6%, this company has a higher cost of product (14.6%)

10.6% - Pallett Services Limited

14.6% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (4.7%)

0% - Pallett Services Limited

4.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (50)

2 - Pallett Services Limited

50 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.5k, the company has an equivalent pay structure (£40.5k)

£40.5k - Pallett Services Limited

£40.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £265.7k, this is less efficient (£480.5k)

£265.7k - Pallett Services Limited

£480.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 55 days, this is later than average (20 days)

55 days - Pallett Services Limited

20 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 11 days, this is quicker than average (39 days)

11 days - Pallett Services Limited

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Pallett Services Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Pallett Services Limited

- - Industry AVG

debtlevel

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

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Pallett Services Limited Competitor Analysis

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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 Shareholders

duncan pallett 50%
alex pallett 50%

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).

officercountryagestartendrole
Mr Duncan Pallett44 years Mar 2016- Director
Mr Alex PallettEngland34 years Mar 2016- Director

PALLETT SERVICES LIMITED financials

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Turnover531,328519,682467,643278,826273,36237,19628,129
Other Income Or Grants0000000
Cost Of Sales474,994468,290422,972252,613246,18133,44125,371
Gross Profit56,33451,39244,67126,21327,1813,7552,758
Admin Expenses56,18546,69720,75625,03310,400-4052,553
Operating Profit1494,69523,9151,18016,7814,160205
Interest Payable0000000
Interest Receivable0000000
Pre-Tax Profit1494,69523,9151,18016,7814,160205
Tax-28-892-4,544-224-3,188-790-41
Profit After Tax1213,80319,37195613,5933,370164
Dividends Paid0000000
Retained Profit1213,80319,37195613,5933,370164
Employee Costs80,93675,27572,17172,82870,86033,40233,100
Number Of Employees2222211
EBITDA*1494,69523,9151,18016,7814,160205

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Tangible Assets1,0841,4762,9521,5871752620
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets1,0841,4762,9521,5871752620
Stock & work in progress0000000
Trade Debtors80,28587,07189,77119,60823,7676,9774,245
Group Debtors0000000
Misc Debtors0000000
Cash0000000
misc current assets0000000
total current assets80,28587,07189,77119,60823,7676,9774,245
total assets81,36988,54792,72321,19523,9427,2394,245
Bank overdraft0000000
Bank loan0000000
Trade Creditors 14,80612,1054,7992,6426,3453,2353,611
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities0000000
total current liabilities14,80612,1054,7992,6426,3453,2353,611
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income00470470470470470
other liabilities25,18535,18550,0000000
provisions0000000
total long term liabilities25,18535,18550,470470470470470
total liabilities39,99147,29055,2693,1126,8153,7054,081
net assets41,37841,25737,45418,08317,1273,534164
total shareholders funds41,37841,25737,45418,08317,1273,534164
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Operating Activities
Operating Profit1494,69523,9151,18016,7814,160205
Depreciation0000000
Amortisation0000000
Tax-28-892-4,544-224-3,188-790-41
Stock0000000
Debtors-6,786-2,70070,163-4,15916,7902,7324,245
Creditors2,7017,3062,157-3,7033,110-3763,611
Accruals and Deferred Income0-4700000470
Deferred Taxes & Provisions0000000
Cash flow from operations9,60813,339-48,6351,412-872620
Investing Activities
capital expenditure3921,476-1,365-1,41287-2620
Change in Investments0000000
cash flow from investments3921,476-1,365-1,41287-2620
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities-10,000-14,81550,0000000
share issue0000000
interest0000000
cash flow from financing-10,000-14,81550,0000000
cash and cash equivalents
cash0000000
overdraft0000000
change in cash0000000

P&L

March 2023

turnover

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 2023

net 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

None

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.

charges

pallett services limited Companies House Filings - See Documents

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