Pomanda estimates the enterprise value of PALLETMOVE LIMITED at £415.5k based on a Turnover of £1m and 0.41x industry multiple (adjusted for size and gross margin).
palletmove limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of PALLETMOVE LIMITED at £0 based on an EBITDA of £-24.6k and a 3.05x industry multiple (adjusted for size and gross margin).
palletmove limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of PALLETMOVE LIMITED at £0 based on Net Assets of £-102.5k and 2.39x industry multiple (adjusted for liquidity).
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Palletmove LimitedOverview
Palletmove Limited is a live company located in fareham, PO16 0BZ with a Companies House number of 10370260. It operates in the freight transport by road sector, SIC Code 49410. Founded in September 2016, it's largest shareholder is
kyle wetselaar
with a 50% stake. Palletmove Limited is a young,
small sized company, Pomanda has estimated its turnover at
£1m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Palletmove Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
2 Regular
5 Weak
Size
annual sales of £1m, make it smaller than the average company (£9m)
£1m - Palletmove Limited
£9m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (8.5%)
14% - Palletmove Limited
8.5% - Industry AVG
Production
with a gross margin of 14.4%, this company has a higher cost of product (21.8%)
14.4% - Palletmove Limited
21.8% - Industry AVG
Profitability
an operating margin of -2.4% make it less profitable than the average company (5.5%)
-2.4% - Palletmove Limited
5.5% - Industry AVG
Employees
with 6 employees, this is below the industry average (60)
6 - Palletmove Limited
60 - Industry AVG
Pay Structure
on an average salary of £39.9k, the company has an equivalent pay structure (£39.9k)
£39.9k - Palletmove Limited
£39.9k - Industry AVG
Efficiency
resulting in sales per employee of £167.8k, this is more efficient (£134.8k)
£167.8k - Palletmove Limited
£134.8k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is near the average (52 days)
51 days - Palletmove Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 117 days, this is slower than average (31 days)
117 days - Palletmove Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Palletmove Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Palletmove Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 158.8%, this is a higher level of debt than the average (60.8%)
158.8% - Palletmove Limited
60.8% - Industry AVG
PALLETMOVE LIMITED financials
EXPORT
Palletmove Limited's latest turnover from September 2023 is estimated at £1 million and the company has net assets of -£102.5 thousand. According to their latest financial statements, Palletmove Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Turnover
1,006,844
648,468
927,814
679,886
431,766
376,680
331,958
Other Income Or Grants
Cost Of Sales
861,822
554,181
802,322
589,674
375,225
327,513
285,890
Gross Profit
145,023
94,287
125,492
90,212
56,540
49,167
46,069
Admin Expenses
169,586
94,144
110,590
65,128
51,039
74,284
135,895
Operating Profit
-24,563
143
14,902
25,084
5,501
-25,117
-89,826
Interest Payable
Interest Receivable
8
3
Pre-Tax Profit
-24,563
143
14,902
25,084
5,501
-25,109
-89,823
Tax
-27
-2,831
-4,766
-1,045
Profit After Tax
-24,563
116
12,071
20,318
4,456
-25,109
-89,823
Dividends Paid
Retained Profit
-24,563
116
12,071
20,318
4,456
-25,109
-89,823
Employee Costs
239,208
227,977
139,108
102,896
136,577
66,355
64,504
Number Of Employees
6
6
4
3
4
2
2
EBITDA*
-24,563
143
14,902
25,084
5,501
-25,117
-89,826
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Tangible Assets
32,824
46,845
17,848
15,846
15,512
21,474
Intangible Assets
27,436
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
32,824
46,845
17,848
15,846
15,512
21,474
27,436
Stock & work in progress
Trade Debtors
141,677
71,046
182,638
98,602
26,988
9,274
12,351
Group Debtors
Misc Debtors
Cash
2,162
misc current assets
total current assets
141,677
71,046
182,638
98,602
26,988
9,274
14,513
total assets
174,501
117,891
200,486
114,448
42,500
30,748
41,949
Bank overdraft
Bank loan
Trade Creditors
277,035
195,862
278,573
204,606
152,976
145,680
131,772
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
277,035
195,862
278,573
204,606
152,976
145,680
131,772
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
277,035
195,862
278,573
204,606
152,976
145,680
131,772
net assets
-102,534
-77,971
-78,087
-90,158
-110,476
-114,932
-89,823
total shareholders funds
-102,534
-77,971
-78,087
-90,158
-110,476
-114,932
-89,823
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Operating Activities
Operating Profit
-24,563
143
14,902
25,084
5,501
-25,117
-89,826
Depreciation
Amortisation
Tax
-27
-2,831
-4,766
-1,045
Stock
Debtors
70,631
-111,592
84,036
71,614
17,714
-3,077
12,351
Creditors
81,173
-82,711
73,967
51,630
7,296
13,908
131,772
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-14,021
28,997
2,002
334
-5,962
-8,132
29,595
Investing Activities
capital expenditure
14,021
-28,997
-2,002
-334
5,962
5,962
-27,436
Change in Investments
cash flow from investments
14,021
-28,997
-2,002
-334
5,962
5,962
-27,436
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
8
3
cash flow from financing
8
3
cash and cash equivalents
cash
-2,162
2,162
overdraft
change in cash
-2,162
2,162
palletmove limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for palletmove limited. Get real-time insights into palletmove limited's credit score, group structure and payment trends.
Perform a competitor analysis for palletmove limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in PO16 area or any other competitors across 12 key performance metrics.
palletmove limited Ownership
PALLETMOVE LIMITED group structure
Palletmove Limited has no subsidiary companies.
Ultimate parent company
PALLETMOVE LIMITED
10370260
PALLETMOVE LIMITED Shareholders
The largest shareholders in Palletmove Limited include Kyle Wetselaar and Alexander Tyrrell.
kyle wetselaar
50%
alexander tyrrell
50%
palletmove limited directors
Palletmove Limited currently has 2 directors.
The longest serving directors include
Mr Kyle Wetselaar (Sep 2016) and
Mr Alexander Tyrrell (Sep 2016).
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 palletmove limited.
palletmove 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.
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palletmove limitedCompanies House Filings - See Documents
