c & n parsons limited
c & n parsons limited Company Information
Company Number
10688599
Website
www.parsons.comRegistered Address
5 providence court, pynes hill, exeter, EX2 5JL
Industry
Public houses and bars
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
carly parsons 50%
neil john parsons 50%
c & n parsons limited Estimated Valuation
Pomanda estimates the enterprise value of C & N PARSONS LIMITED at £471.8k based on a Turnover of £784.1k and 0.6x industry multiple (adjusted for size and gross margin).
c & n parsons limited Estimated Valuation
Pomanda estimates the enterprise value of C & N PARSONS LIMITED at £135.8k based on an EBITDA of £31k and a 4.38x industry multiple (adjusted for size and gross margin).
c & n parsons limited Estimated Valuation
Pomanda estimates the enterprise value of C & N PARSONS LIMITED at £226.5k based on Net Assets of £122.2k and 1.85x industry multiple (adjusted for liquidity).
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C & N Parsons Limited Overview
C & N Parsons Limited is a live company located in exeter, EX2 5JL with a Companies House number of 10688599. It operates in the public houses and bars sector, SIC Code 56302. Founded in March 2017, it's largest shareholder is carly parsons with a 50% stake. C & N Parsons Limited is a young, small sized company, Pomanda has estimated its turnover at £784.1k with healthy growth in recent years.
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C & N Parsons Limited Health Check
Pomanda's financial health check has awarded C & N Parsons Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
2 Weak
Size
annual sales of £784.1k, make it larger than the average company (£431.5k)
- C & N Parsons Limited
£431.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (1.4%)
- C & N Parsons Limited
1.4% - Industry AVG
Production
with a gross margin of 58%, this company has a comparable cost of product (58%)
- C & N Parsons Limited
58% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (7%)
- C & N Parsons Limited
7% - Industry AVG
Employees
with 23 employees, this is above the industry average (11)
23 - C & N Parsons Limited
11 - Industry AVG
Pay Structure
on an average salary of £14.6k, the company has an equivalent pay structure (£14.6k)
- C & N Parsons Limited
£14.6k - Industry AVG
Efficiency
resulting in sales per employee of £34.1k, this is less efficient (£46k)
- C & N Parsons Limited
£46k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- C & N Parsons Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is slower than average (50 days)
- C & N Parsons Limited
50 days - Industry AVG
Stock Days
it holds stock equivalent to 11 days, this is less than average (16 days)
- C & N Parsons Limited
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 70 weeks, this is more cash available to meet short term requirements (17 weeks)
70 weeks - C & N Parsons Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.2%, this is a lower level of debt than the average (79.5%)
53.2% - C & N Parsons Limited
79.5% - Industry AVG
C & N PARSONS LIMITED financials
C & N Parsons Limited's latest turnover from March 2023 is estimated at £784.1 thousand and the company has net assets of £122.2 thousand. According to their latest financial statements, C & N Parsons Limited has 23 employees and maintains cash reserves of £146.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| 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 | 23 | 20 | 20 | 19 | 19 | 18 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 46,828 | 51,509 | 15,709 | 16,204 | 15,850 | 5,239 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 46,828 | 51,509 | 15,709 | 16,204 | 15,850 | 5,239 |
| Stock & work in progress | 9,980 | 8,938 | 5,483 | 10,386 | 8,542 | 14,460 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 57,153 | 16,600 | 25,864 | 22,439 | 95,196 | 16,344 |
| Cash | 146,883 | 164,134 | 95,247 | 110,792 | 132,099 | 74,784 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 214,016 | 189,672 | 126,594 | 143,617 | 235,837 | 105,588 |
| total assets | 260,844 | 241,181 | 142,303 | 159,821 | 251,687 | 110,827 |
| Bank overdraft | 10,321 | 10,068 | 7,236 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 50,788 | 38,980 | 7,976 | 22,884 | 52,680 | 29,911 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 46,496 | 41,272 | 14,858 | 33,445 | 51,346 | 27,497 |
| total current liabilities | 107,605 | 90,320 | 30,070 | 56,329 | 104,026 | 57,408 |
| loans | 22,180 | 32,434 | 42,764 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 8,897 | 9,787 | 2,984 | 3,078 | 3,011 | 996 |
| total long term liabilities | 31,077 | 42,221 | 45,748 | 3,078 | 3,011 | 996 |
| total liabilities | 138,682 | 132,541 | 75,818 | 59,407 | 107,037 | 58,404 |
| net assets | 122,162 | 108,640 | 66,485 | 100,414 | 144,650 | 52,423 |
| total shareholders funds | 122,162 | 108,640 | 66,485 | 100,414 | 144,650 | 52,423 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 17,060 | 10,224 | 6,690 | 5,451 | 4,289 | 1,310 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 1,042 | 3,455 | -4,903 | 1,844 | -5,918 | 14,460 |
| Debtors | 40,553 | -9,264 | 3,425 | -72,757 | 78,852 | 16,344 |
| Creditors | 11,808 | 31,004 | -14,908 | -29,796 | 22,769 | 29,911 |
| Accruals and Deferred Income | 5,224 | 26,414 | -18,587 | -17,901 | 23,849 | 27,497 |
| Deferred Taxes & Provisions | -890 | 6,803 | -94 | 67 | 2,015 | 996 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,254 | -10,330 | 42,764 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -17,251 | 68,887 | -15,545 | -21,307 | 57,315 | 74,784 |
| overdraft | 253 | 2,832 | 7,236 | 0 | 0 | 0 |
| change in cash | -17,504 | 66,055 | -22,781 | -21,307 | 57,315 | 74,784 |
c & n parsons limited Credit Report and Business Information
C & N Parsons Limited Competitor Analysis
Perform a competitor analysis for c & n parsons limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in EX2 area or any other competitors across 12 key performance metrics.
c & n parsons limited Ownership
C & N PARSONS LIMITED group structure
C & N Parsons Limited has no subsidiary companies.
Ultimate parent company
C & N PARSONS LIMITED
10688599
c & n parsons limited directors
C & N Parsons Limited currently has 2 directors. The longest serving directors include Mr Neil Parsons (Mar 2017) and Ms Carly Parsons (Mar 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Parsons | United Kingdom | 46 years | Mar 2017 | - | Director |
| Ms Carly Parsons | United Kingdom | 44 years | Mar 2017 | - | Director |
P&L
March 2023turnover
784.1k
+70%
operating profit
13.9k
0%
gross margin
58%
-3.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
122.2k
+0.12%
total assets
260.8k
+0.08%
cash
146.9k
-0.11%
net assets
Total assets minus all liabilities
c & n parsons limited company details
company number
10688599
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
March 2017
age
7
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
5 providence court, pynes hill, exeter, EX2 5JL
accountant
-
auditor
-
c & n parsons 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 c & n parsons limited.
c & n parsons limited Companies House Filings - See Documents
| date | description | view/download |
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