palm world ltd

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palm world ltd Company Information

Share PALM WORLD LTD

Company Number

10529511

Shareholders

novika corporate ltd

tollshunt ltd

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Group Structure

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Industry

Dormant Company

 

Registered Address

2nd floor parkgates, bury new road, manchester, M25 0TL

Website

-

palm world ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of PALM WORLD LTD at £0 based on a Turnover of £563.4k and 0x industry multiple (adjusted for size and gross margin).

palm world ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of PALM WORLD LTD at £0 based on an EBITDA of £-386 and a 1.86x industry multiple (adjusted for size and gross margin).

palm world ltd Estimated Valuation

£104.2k

Pomanda estimates the enterprise value of PALM WORLD LTD at £104.2k based on Net Assets of £193k and 0.54x industry multiple (adjusted for liquidity).

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Palm World Ltd Overview

Palm World Ltd is a live company located in manchester, M25 0TL with a Companies House number of 10529511. It operates in the dormant company sector, SIC Code 99999. Founded in December 2016, it's largest shareholder is novika corporate ltd with a 31.5% stake. Palm World Ltd is a young, small sized company, Pomanda has estimated its turnover at £563.4k with healthy growth in recent years.

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Palm World Ltd Health Check

Pomanda's financial health check has awarded Palm World Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £563.4k, make it smaller than the average company (£7.9m)

£563.4k - Palm World Ltd

£7.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (6.7%)

7% - Palm World Ltd

6.7% - Industry AVG

production

Production

with a gross margin of 32.3%, this company has a comparable cost of product (32.3%)

32.3% - Palm World Ltd

32.3% - Industry AVG

profitability

Profitability

an operating margin of -0.1% make it less profitable than the average company (4.4%)

-0.1% - Palm World Ltd

4.4% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (59)

3 - Palm World Ltd

59 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.3k, the company has an equivalent pay structure (£41.3k)

£41.3k - Palm World Ltd

£41.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £187.8k, this is equally as efficient (£187.8k)

£187.8k - Palm World Ltd

£187.8k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Palm World Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Palm World Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Palm World Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Palm World Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 40.9%, this is a lower level of debt than the average (72%)

40.9% - Palm World Ltd

72% - Industry AVG

PALM WORLD LTD financials

EXPORTms excel logo

Palm World Ltd's latest turnover from December 2023 is estimated at £563.4 thousand and the company has net assets of £193 thousand. According to their latest financial statements, Palm World Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Turnover563,370485,285436,470453,625474,863470,836
Other Income Or Grants
Cost Of Sales381,256329,764296,029316,832332,983332,319
Gross Profit182,114155,521140,441136,793141,880138,517
Admin Expenses182,500155,875142,067139,434230,00532,3751,560
Operating Profit-386-354-1,626-2,641-88,125106,142-1,560
Interest Payable
Interest Receivable13
Pre-Tax Profit-385-351-1,626-2,641-88,125106,142-1,560
Tax-20,167
Profit After Tax-385-351-1,626-2,641-88,12585,975-1,560
Dividends Paid
Retained Profit-385-351-1,626-2,641-88,12585,975-1,560
Employee Costs123,946112,926108,015105,578104,501101,484
Number Of Employees333333
EBITDA*-386-354-1,626-2,641-88,125106,142-1,560

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Tangible Assets
Intangible Assets
Investments & Other326,433326,433326,433289,689211,871167,08480,184
Debtors (Due After 1 year)
Total Fixed Assets326,433326,433326,433289,689211,871167,08480,184
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
Cash51124
misc current assets
total current assets51124
total assets326,433326,484326,557289,689211,871167,08480,184
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts1,8023,321
other short term finances
hp & lease commitments
other current liabilities87,89787,56385,48382,21482,89481,66980,744
total current liabilities87,89787,56387,28585,53582,89481,66980,744
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions45,58145,58145,581
total long term liabilities45,58145,58145,581
total liabilities133,478133,144132,86685,53582,89481,66980,744
net assets192,955193,340193,691204,154128,97785,415-560
total shareholders funds192,955193,340193,691204,154128,97785,415-560
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Operating Activities
Operating Profit-386-354-1,626-2,641-88,125106,142-1,560
Depreciation
Amortisation
Tax-20,167
Stock
Debtors
Creditors
Accruals and Deferred Income3342,0803,269-6801,22592580,744
Deferred Taxes & Provisions45,581
Cash flow from operations-521,72647,224-3,321-86,90086,90079,184
Investing Activities
capital expenditure
Change in Investments36,74477,81844,78786,90080,184
cash flow from investments-36,744-77,818-44,787-86,900-80,184
Financing Activities
Bank loans
Group/Directors Accounts-1,802-1,5193,321
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-8,83777,818131,6871,000
interest13
cash flow from financing1-1,799-10,35681,139131,6871,000
cash and cash equivalents
cash-51-73124
overdraft
change in cash-51-73124

palm world ltd 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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Palm World Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for palm world ltd by selecting its closest rivals, whether from the ACTIVITIES OF EXTRATERRITORIAL ORGANISATIONS AND BODIES sector, other small companies, companies in M25 area or any other competitors across 12 key performance metrics.

palm world ltd Ownership

PALM WORLD LTD group structure

Palm World Ltd has no subsidiary companies.

Ultimate parent company

PALM WORLD LTD

10529511

PALM WORLD LTD Shareholders

novika corporate ltd 31.49%
tollshunt ltd 20.35%
euro estates holdings ag 20.06%
eli kaufman 17.02%
jonah perelman 2.31%
dpt 1.93%
peg estates ltd 1.46%
bsd emanations ltd 1.26%
malke hochhauser 0.85%
moshe pariser 0.65%

palm world ltd directors

Palm World Ltd currently has 3 directors. The longest serving directors include Mr Harvey Freudenberger (Dec 2016) and Mr Bernard Perelman (Dec 2016).

officercountryagestartendrole
Mr Harvey FreudenbergerEngland64 years Dec 2016- Director
Mr Bernard PerelmanEngland47 years Dec 2016- Director
Mr Asher PerelmanUnited Kingdom63 years Dec 2016- Director

P&L

December 2023

turnover

563.4k

+16%

operating profit

-386.3

0%

gross margin

32.4%

+0.87%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

193k

0%

total assets

326.4k

0%

cash

0

-1%

net assets

Total assets minus all liabilities

palm world ltd company details

company number

10529511

Type

Private limited with Share Capital

industry

99999 - Dormant Company

incorporation date

December 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

2nd floor parkgates, bury new road, manchester, M25 0TL

Bank

-

Legal Advisor

-

palm world 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 palm world ltd.

palm world 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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palm world ltd Companies House Filings - See Documents

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