parhelion systems ltd
parhelion systems ltd Company Information
Company Number
10233168
Next Accounts
Sep 2025
Shareholders
parhelion limited
Group Structure
View All
Industry
Business and domestic software development
Registered Address
bayside business centre, sovereign business park, poole, dorset, BH15 3TB
Website
www.parhelion.co.nzparhelion systems ltd Estimated Valuation
Pomanda estimates the enterprise value of PARHELION SYSTEMS LTD at £1.2m based on a Turnover of £1.3m and 0.87x industry multiple (adjusted for size and gross margin).
parhelion systems ltd Estimated Valuation
Pomanda estimates the enterprise value of PARHELION SYSTEMS LTD at £702.9k based on an EBITDA of £132.5k and a 5.31x industry multiple (adjusted for size and gross margin).
parhelion systems ltd Estimated Valuation
Pomanda estimates the enterprise value of PARHELION SYSTEMS LTD at £1.1m based on Net Assets of £451.4k and 2.38x industry multiple (adjusted for liquidity).
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Parhelion Systems Ltd Overview
Parhelion Systems Ltd is a live company located in poole, BH15 3TB with a Companies House number of 10233168. It operates in the business and domestic software development sector, SIC Code 62012. Founded in June 2016, it's largest shareholder is parhelion limited with a 100% stake. Parhelion Systems Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.
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Parhelion Systems Ltd Health Check
Pomanda's financial health check has awarded Parhelion Systems Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£4.5m)
- Parhelion Systems Ltd
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (10.2%)
- Parhelion Systems Ltd
10.2% - Industry AVG
Production
with a gross margin of 72%, this company has a comparable cost of product (72%)
- Parhelion Systems Ltd
72% - Industry AVG
Profitability
an operating margin of 8% make it more profitable than the average company (3.4%)
- Parhelion Systems Ltd
3.4% - Industry AVG
Employees
with 11 employees, this is below the industry average (42)
11 - Parhelion Systems Ltd
42 - Industry AVG
Pay Structure
on an average salary of £72.2k, the company has an equivalent pay structure (£72.2k)
- Parhelion Systems Ltd
£72.2k - Industry AVG
Efficiency
resulting in sales per employee of £121.9k, this is equally as efficient (£121.9k)
- Parhelion Systems Ltd
£121.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Parhelion Systems Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Parhelion Systems Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Parhelion Systems Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (17 weeks)
5 weeks - Parhelion Systems Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.5%, this is a lower level of debt than the average (62.9%)
40.5% - Parhelion Systems Ltd
62.9% - Industry AVG
PARHELION SYSTEMS LTD financials
Parhelion Systems Ltd's latest turnover from December 2023 is estimated at £1.3 million and the company has net assets of £451.4 thousand. According to their latest financial statements, Parhelion Systems Ltd has 11 employees and maintains cash reserves of £34.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 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 | 11 | 8 | 7 | 6 | 5 | 4 | 4 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 23,457 | 41,904 | 60,621 | 64,537 | 8,453 | 2,382 | 4,236 | 7,571 |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 23,457 | 41,904 | 60,621 | 64,537 | 8,453 | 2,382 | 4,236 | 7,571 |
| Stock & work in progress | ||||||||
| Trade Debtors | 622,241 | 187,652 | 344,753 | 105,343 | 19,335 | |||
| Group Debtors | 666,602 | 573,614 | 670,226 | |||||
| Misc Debtors | 34,078 | 33,641 | 39,422 | 31,641 | 48 | |||
| Cash | 34,233 | 64,224 | 39,971 | |||||
| misc current assets | 3 | |||||||
| total current assets | 734,913 | 671,479 | 749,622 | 653,882 | 187,652 | 344,753 | 105,343 | 19,383 |
| total assets | 758,370 | 713,383 | 810,243 | 718,419 | 196,105 | 347,135 | 109,579 | 26,954 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 33,134 | 11,494 | 278,655 | 78,566 | 18,715 | |||
| Group/Directors Accounts | 679 | |||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 301,064 | 335,414 | 497,087 | |||||
| total current liabilities | 301,064 | 336,093 | 497,087 | 33,134 | 11,494 | 278,655 | 78,566 | 18,715 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | 449,355 | 62,590 | 650 | |||||
| other liabilities | 8,878 | |||||||
| provisions | 5,864 | 7,962 | ||||||
| total long term liabilities | 5,864 | 7,962 | 449,355 | 71,468 | 650 | |||
| total liabilities | 306,928 | 344,055 | 497,087 | 482,489 | 82,962 | 278,655 | 78,566 | 19,365 |
| net assets | 451,442 | 369,328 | 313,156 | 235,930 | 113,143 | 68,480 | 31,013 | 7,589 |
| total shareholders funds | 451,442 | 369,328 | 313,156 | 235,930 | 113,143 | 68,480 | 31,013 | 7,589 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 25,583 | 27,924 | 4 | 3 | ||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 93,425 | -102,393 | 55,766 | 466,230 | -157,101 | 239,410 | 85,960 | 19,383 |
| Creditors | -33,134 | 21,640 | -267,161 | 200,089 | 59,851 | 18,715 | ||
| Accruals and Deferred Income | -34,350 | -161,673 | 47,732 | 386,765 | 62,590 | -650 | 650 | |
| Deferred Taxes & Provisions | -2,098 | 7,962 | ||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -679 | 679 | ||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -8,878 | 8,878 | ||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -29,991 | 24,253 | 39,971 | |||||
| overdraft | ||||||||
| change in cash | -29,991 | 24,253 | 39,971 |
parhelion systems ltd Credit Report and Business Information
Parhelion Systems Ltd Competitor Analysis
Perform a competitor analysis for parhelion systems ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in BH15 area or any other competitors across 12 key performance metrics.
parhelion systems ltd Ownership
PARHELION SYSTEMS LTD group structure
Parhelion Systems Ltd has no subsidiary companies.
Ultimate parent company
PARHELION SYSTEMS LTD
10233168
parhelion systems ltd directors
Parhelion Systems Ltd currently has 2 directors. The longest serving directors include Mr Richard Marian (Jun 2016) and Mr Nigel Simmons (Sep 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Marian | England | 42 years | Jun 2016 | - | Director |
| Mr Nigel Simmons | England | 67 years | Sep 2016 | - | Director |
P&L
December 2023turnover
1.3m
+47%
operating profit
106.9k
0%
gross margin
72%
+0.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
451.4k
+0.22%
total assets
758.4k
+0.06%
cash
34.2k
-0.47%
net assets
Total assets minus all liabilities
parhelion systems ltd company details
company number
10233168
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
June 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
ACCONOMY LIMITED
auditor
-
address
bayside business centre, sovereign business park, poole, dorset, BH15 3TB
Bank
-
Legal Advisor
-
parhelion systems 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 parhelion systems ltd.
parhelion systems 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.
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parhelion systems ltd Companies House Filings - See Documents
| date | description | view/download |
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