pme tech limited
pme tech limited Company Information
Group Structure
View All
Industry
Repair of electronic and optical equipment
Registered Address
7 townview 184-186 high road, loughton, IG10 1DF
Website
www.pmetech.co.ukpme tech limited Estimated Valuation
Pomanda estimates the enterprise value of PME TECH LIMITED at £88k based on a Turnover of £206.2k and 0.43x industry multiple (adjusted for size and gross margin).
pme tech limited Estimated Valuation
Pomanda estimates the enterprise value of PME TECH LIMITED at £83.9k based on an EBITDA of £20.4k and a 4.1x industry multiple (adjusted for size and gross margin).
pme tech limited Estimated Valuation
Pomanda estimates the enterprise value of PME TECH LIMITED at £663 based on Net Assets of £367 and 1.81x industry multiple (adjusted for liquidity).
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Pme Tech Limited Overview
Pme Tech Limited is a live company located in loughton, IG10 1DF with a Companies House number of 10332636. It operates in the repair of electronic and optical equipment sector, SIC Code 33130. Founded in August 2016, it's largest shareholder is jac ian nortman with a 100% stake. Pme Tech Limited is a young, micro sized company, Pomanda has estimated its turnover at £206.2k with rapid growth in recent years.
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Pme Tech Limited Health Check
Pomanda's financial health check has awarded Pme Tech Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £206.2k, make it smaller than the average company (£3.9m)
- Pme Tech Limited
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 67%, show it is growing at a faster rate (1%)
- Pme Tech Limited
1% - Industry AVG
Production
with a gross margin of 38.5%, this company has a comparable cost of product (38.5%)
- Pme Tech Limited
38.5% - Industry AVG
Profitability
an operating margin of 9.9% make it more profitable than the average company (6.9%)
- Pme Tech Limited
6.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - Pme Tech Limited
14 - Industry AVG
Pay Structure
on an average salary of £53k, the company has an equivalent pay structure (£53k)
- Pme Tech Limited
£53k - Industry AVG
Efficiency
resulting in sales per employee of £206.2k, this is more efficient (£164.3k)
- Pme Tech Limited
£164.3k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (53 days)
- Pme Tech Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (20 days)
- Pme Tech Limited
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pme Tech Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (32 weeks)
1 weeks - Pme Tech Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.2%, this is a higher level of debt than the average (62.6%)
99.2% - Pme Tech Limited
62.6% - Industry AVG
PME TECH LIMITED financials
Pme Tech Limited's latest turnover from August 2023 is estimated at £206.2 thousand and the company has net assets of £367. According to their latest financial statements, Pme Tech Limited has 1 employee and maintains cash reserves of £1.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 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 | 1 | 1 | 1 | 1 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | |||||||
| Stock & work in progress | |||||||
| Trade Debtors | 43,512 | 49,605 | 29,909 | 3,469 | 804 | ||
| Group Debtors | |||||||
| Misc Debtors | 1,450 | 10,418 | 14,576 | 2,774 | |||
| Cash | 1,147 | 2,992 | 6,266 | 26,959 | 22,111 | 2,307 | 100 |
| misc current assets | |||||||
| total current assets | 46,109 | 52,597 | 36,175 | 40,846 | 37,491 | 5,081 | 100 |
| total assets | 46,109 | 52,597 | 36,175 | 40,846 | 37,491 | 5,081 | 100 |
| Bank overdraft | 29,942 | 39,601 | 49,232 | 51,667 | 10,000 | ||
| Bank loan | |||||||
| Trade Creditors | 2,871 | 2,987 | 4,489 | 4,625 | |||
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 12,929 | 22,118 | 16,102 | 19,221 | 2,143 | ||
| total current liabilities | 45,742 | 64,706 | 69,823 | 56,292 | 29,221 | 2,143 | |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | 666 | ||||||
| provisions | |||||||
| total long term liabilities | 666 | ||||||
| total liabilities | 45,742 | 64,706 | 69,823 | 56,292 | 29,887 | 2,143 | |
| net assets | 367 | -12,109 | -33,648 | -15,446 | 7,604 | 2,938 | 100 |
| total shareholders funds | 367 | -12,109 | -33,648 | -15,446 | 7,604 | 2,938 | 100 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | -4,643 | 19,696 | 16,022 | -1,493 | 12,606 | 2,774 | |
| Creditors | -116 | -1,502 | -136 | 4,625 | |||
| Accruals and Deferred Income | -9,189 | 6,016 | 16,102 | -19,221 | 17,078 | 2,143 | |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | -666 | 666 | |||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -1,845 | -3,274 | -20,693 | 4,848 | 19,804 | 2,207 | 100 |
| overdraft | -9,659 | -9,631 | -2,435 | 41,667 | 10,000 | ||
| change in cash | 7,814 | 6,357 | -18,258 | -36,819 | 9,804 | 2,207 | 100 |
pme tech limited Credit Report and Business Information
Pme Tech Limited Competitor Analysis
Perform a competitor analysis for pme tech limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in IG10 area or any other competitors across 12 key performance metrics.
pme tech limited Ownership
PME TECH LIMITED group structure
Pme Tech Limited has no subsidiary companies.
Ultimate parent company
PME TECH LIMITED
10332636
pme tech limited directors
Pme Tech Limited currently has 1 director, Mr Jac Nortman serving since Aug 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jac Nortman | England | 51 years | Aug 2016 | - | Director |
P&L
August 2023turnover
206.2k
-6%
operating profit
20.4k
0%
gross margin
38.5%
+18.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
367
-1.03%
total assets
46.1k
-0.12%
cash
1.1k
-0.62%
net assets
Total assets minus all liabilities
pme tech limited company details
company number
10332636
Type
Private limited with Share Capital
industry
33130 - Repair of electronic and optical equipment
incorporation date
August 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
madisons solutions limited (July 2017)
dk corporate solutions limited (May 2017)
accountant
-
auditor
-
address
7 townview 184-186 high road, loughton, IG10 1DF
Bank
-
Legal Advisor
-
pme tech 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 pme tech limited.
pme tech limited 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.
Click to start generating capital raising & share issue transactions for PME TECH LIMITED. This can take several minutes, an email will notify you when this has completed.
pme tech limited Companies House Filings - See Documents
| date | description | view/download |
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