parser limited
parser limited Company Information
Company Number
10712549
Website
parserdigital.comRegistered Address
the scalpel, 18th floor, 52 lime street, london, EC3M 7AF
Industry
Computer consultancy activities
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
hernan griboff 50%
ricardo cesar moral 50%
parser limited Estimated Valuation
Pomanda estimates the enterprise value of PARSER LIMITED at £19.8m based on a Turnover of £19.9m and 1x industry multiple (adjusted for size and gross margin).
parser limited Estimated Valuation
Pomanda estimates the enterprise value of PARSER LIMITED at £13.1m based on an EBITDA of £1.8m and a 7.15x industry multiple (adjusted for size and gross margin).
parser limited Estimated Valuation
Pomanda estimates the enterprise value of PARSER LIMITED at £9.1m based on Net Assets of £4.1m and 2.25x industry multiple (adjusted for liquidity).
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Parser Limited Overview
Parser Limited is a live company located in london, EC3M 7AF with a Companies House number of 10712549. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in April 2017, it's largest shareholder is hernan griboff with a 50% stake. Parser Limited is a young, mid sized company, Pomanda has estimated its turnover at £19.9m with rapid growth in recent years.
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Parser Limited Health Check
Pomanda's financial health check has awarded Parser Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
2 Weak
Size
annual sales of £19.9m, make it larger than the average company (£1.9m)
£19.9m - Parser Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 102%, show it is growing at a faster rate (8%)
- Parser Limited
8% - Industry AVG
Production
with a gross margin of 45%, this company has a comparable cost of product (45.3%)
45% - Parser Limited
45.3% - Industry AVG
Profitability
an operating margin of 7.8% make it as profitable than the average company (6.8%)
7.8% - Parser Limited
6.8% - Industry AVG
Employees
with 149 employees, this is above the industry average (15)
149 - Parser Limited
15 - Industry AVG
Pay Structure
on an average salary of £72.4k, the company has a higher pay structure (£58.4k)
£72.4k - Parser Limited
£58.4k - Industry AVG
Efficiency
resulting in sales per employee of £133.7k, this is equally as efficient (£135.2k)
£133.7k - Parser Limited
£135.2k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (61 days)
26 days - Parser Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (27 days)
21 days - Parser Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Parser Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 74 weeks, this is more cash available to meet short term requirements (18 weeks)
74 weeks - Parser Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.5%, this is a lower level of debt than the average (56.8%)
33.5% - Parser Limited
56.8% - Industry AVG
PARSER LIMITED financials
Parser Limited's latest turnover from December 2023 is £19.9 million and the company has net assets of £4.1 million. According to their latest financial statements, Parser Limited has 149 employees and maintains cash reserves of £2.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Apr 2018 | |
|---|---|---|---|---|---|---|---|
| Turnover | 19,924,782 | 23,590,768 | |||||
| Other Income Or Grants | 0 | 0 | |||||
| Cost Of Sales | 10,961,362 | 13,585,487 | |||||
| Gross Profit | 8,963,420 | 10,005,281 | |||||
| Admin Expenses | 7,404,657 | 6,686,872 | |||||
| Operating Profit | 1,558,763 | 3,318,409 | |||||
| Interest Payable | 40,066 | 22,046 | |||||
| Interest Receivable | 0 | 0 | |||||
| Pre-Tax Profit | 1,549,195 | 3,443,357 | |||||
| Tax | -403,748 | -703,533 | |||||
| Profit After Tax | 1,145,447 | 2,739,824 | |||||
| Dividends Paid | 1,000,000 | 1,400,000 | |||||
| Retained Profit | 145,447 | 1,339,824 | |||||
| Employee Costs | 10,784,906 | 10,218,623 | |||||
| Number Of Employees | 149 | 148 | 9 | 5 | 3 | 3 | |
| EBITDA* | 1,835,735 | 3,426,477 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Apr 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 239,702 | 285,869 | 0 | 17,059 | 58,507 | 6,535 | 3,580 |
| Intangible Assets | 404,794 | 547,663 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 323,937 | 293,439 | 1,551,602 | 41,734 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 968,433 | 1,126,971 | 1,551,602 | 58,793 | 58,507 | 6,535 | 3,580 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,455,686 | 2,458,762 | 0 | 641,187 | 597,097 | 300,829 | 33,106 |
| Group Debtors | 258,028 | 239,940 | 50,158 | 4,236 | 0 | 0 | 0 |
| Misc Debtors | 492,410 | 592,479 | 0 | 99,454 | 4,504 | 0 | 0 |
| Cash | 2,925,724 | 3,005,557 | 828,336 | 855,765 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 1,155 | 0 |
| total current assets | 5,131,848 | 6,296,738 | 878,494 | 1,600,642 | 601,601 | 301,984 | 33,106 |
| total assets | 6,100,281 | 7,423,709 | 2,430,096 | 1,659,435 | 660,108 | 308,519 | 36,686 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 632,927 | 1,040,508 | 0 | 387,083 | 415,182 | 241,042 | 42,274 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,395,824 | 2,103,680 | 667,511 | 456,848 | 0 | 0 | 0 |
| total current liabilities | 2,028,751 | 3,144,188 | 667,511 | 843,931 | 415,182 | 241,042 | 42,274 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 670 | 2,900 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 15,761 | 19,774 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 15,761 | 19,774 | 0 | 0 | 0 | 670 | 2,900 |
| total liabilities | 2,044,512 | 3,163,962 | 667,511 | 843,931 | 415,182 | 241,712 | 45,174 |
| net assets | 4,055,769 | 4,259,747 | 1,762,585 | 815,504 | 244,926 | 66,807 | -8,488 |
| total shareholders funds | 4,055,769 | 4,259,747 | 1,762,585 | 815,504 | 244,926 | 66,807 | -8,488 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Apr 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 1,558,763 | 3,318,409 | |||||
| Depreciation | 134,103 | 108,068 | 7,868 | ||||
| Amortisation | 142,869 | 0 | 0 | 0 | |||
| Tax | -403,748 | -703,533 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,085,057 | 3,241,023 | -694,719 | 143,276 | 300,772 | 300,829 | 33,106 |
| Creditors | -407,581 | 1,040,508 | -387,083 | -28,099 | 174,140 | 241,042 | 42,274 |
| Accruals and Deferred Income | -707,856 | 1,436,169 | 210,663 | 456,848 | -670 | 670 | 2,900 |
| Deferred Taxes & Provisions | -4,013 | 19,774 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,397,594 | 1,978,372 | |||||
| Investing Activities | |||||||
| capital expenditure | 0 | 0 | |||||
| Change in Investments | 30,498 | -1,258,163 | 1,509,868 | 41,734 | 0 | 0 | 0 |
| cash flow from investments | -30,498 | 1,258,163 | |||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -40,066 | -22,046 | |||||
| cash flow from financing | -389,491 | 1,135,292 | |||||
| cash and cash equivalents | |||||||
| cash | -79,833 | 2,177,221 | -27,429 | 855,765 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -79,833 | 2,177,221 | -27,429 | 855,765 | 0 | 0 | 0 |
parser limited Credit Report and Business Information
Parser Limited Competitor Analysis
Perform a competitor analysis for parser limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in EC3M area or any other competitors across 12 key performance metrics.
parser limited Ownership
PARSER LIMITED group structure
Parser Limited has 2 subsidiary companies.
Ultimate parent company
PARSER LIMITED
10712549
2 subsidiaries
parser limited directors
Parser Limited currently has 2 directors. The longest serving directors include Mr Hernan Griboff (Apr 2017) and Sr Ricardo Moral (Apr 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hernan Griboff | United Kingdom | 40 years | Apr 2017 | - | Director |
| Sr Ricardo Moral | United Kingdom | 46 years | Apr 2017 | - | Director |
P&L
December 2023turnover
19.9m
-16%
operating profit
1.6m
-53%
gross margin
45%
+6.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.1m
-0.05%
total assets
6.1m
-0.18%
cash
2.9m
-0.03%
net assets
Total assets minus all liabilities
Similar Companies
parser limited company details
company number
10712549
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
April 2017
age
7
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
gravital limited (May 2017)
accountant
-
auditor
FORVIS MAZARS LLP
address
the scalpel, 18th floor, 52 lime street, london, EC3M 7AF
Bank
HSBC UK
Legal Advisor
-
parser 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 parser limited.
parser limited Companies House Filings - See Documents
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