palm projects ltd
palm projects ltd Company Information
Group Structure
View All
Industry
Management consultancy activities (other than financial management)
Registered Address
19a kilmorey gardens, twickenham, TW1 1PU
Website
-palm projects ltd Estimated Valuation
Pomanda estimates the enterprise value of PALM PROJECTS LTD at £20.7k based on a Turnover of £58.9k and 0.35x industry multiple (adjusted for size and gross margin).
palm projects ltd Estimated Valuation
Pomanda estimates the enterprise value of PALM PROJECTS LTD at £11.9k based on an EBITDA of £3.9k and a 3.02x industry multiple (adjusted for size and gross margin).
palm projects ltd Estimated Valuation
Pomanda estimates the enterprise value of PALM PROJECTS LTD at £8.9k based on Net Assets of £3.4k and 2.61x industry multiple (adjusted for liquidity).
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Palm Projects Ltd Overview
Palm Projects Ltd is a dissolved company that was located in twickenham, TW1 1PU with a Companies House number of 10770371. It operated in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in May 2017, it's largest shareholder was peter mccormack with a 100% stake. The last turnover for Palm Projects Ltd was estimated at £58.9k.
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Palm Projects Ltd Health Check
Pomanda's financial health check has awarded Palm Projects Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
6 Weak
Size
annual sales of £58.9k, make it smaller than the average company (£225k)
- Palm Projects Ltd
£225k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Palm Projects Ltd
- - Industry AVG
Production
with a gross margin of 26%, this company has a higher cost of product (64.2%)
- Palm Projects Ltd
64.2% - Industry AVG
Profitability
an operating margin of 6.7% make it as profitable than the average company (8%)
- Palm Projects Ltd
8% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Palm Projects Ltd
3 - Industry AVG
Pay Structure
on an average salary of £41.2k, the company has an equivalent pay structure (£41.2k)
- Palm Projects Ltd
£41.2k - Industry AVG
Efficiency
resulting in sales per employee of £58.9k, this is less efficient (£107k)
- Palm Projects Ltd
£107k - Industry AVG
Debtor Days
it gets paid by customers after 155 days, this is later than average (68 days)
- Palm Projects Ltd
68 days - Industry AVG
Creditor Days
its suppliers are paid after 179 days, this is slower than average (33 days)
- Palm Projects Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Palm Projects Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Palm Projects Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.5%, this is a higher level of debt than the average (56.7%)
86.5% - Palm Projects Ltd
56.7% - Industry AVG
PALM PROJECTS LTD financials
Palm Projects Ltd's latest turnover from May 2020 is estimated at £58.9 thousand and the company has net assets of £3.4 thousand. According to their latest financial statements, Palm Projects Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2020 | May 2019 | May 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 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2020 | May 2019 | May 2018 | |
|---|---|---|---|
| Tangible Assets | 456 | 447 | |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 456 | 447 | |
| Stock & work in progress | |||
| Trade Debtors | 25,132 | 21,085 | 18,527 |
| Group Debtors | |||
| Misc Debtors | 106 | 106 | |
| Cash | |||
| misc current assets | 106 | ||
| total current assets | 25,238 | 21,191 | 18,633 |
| total assets | 25,238 | 21,647 | 19,080 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 21,418 | 20,941 | 18,252 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 21,418 | 20,941 | 18,252 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | 410 | 472 | 890 |
| other liabilities | |||
| provisions | |||
| total long term liabilities | 410 | 472 | 890 |
| total liabilities | 21,828 | 21,413 | 19,142 |
| net assets | 3,410 | 234 | -62 |
| total shareholders funds | 3,410 | 234 | -62 |
| May 2020 | May 2019 | May 2018 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 4,047 | 2,664 | 18,527 |
| Creditors | 477 | 2,689 | 18,252 |
| Accruals and Deferred Income | -62 | -418 | 890 |
| 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 | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | |||
| overdraft | |||
| change in cash |
palm projects ltd Credit Report and Business Information
Palm Projects Ltd Competitor Analysis
Perform a competitor analysis for palm projects ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in TW1 area or any other competitors across 12 key performance metrics.
palm projects ltd Ownership
PALM PROJECTS LTD group structure
Palm Projects Ltd has no subsidiary companies.
Ultimate parent company
PALM PROJECTS LTD
10770371
palm projects ltd directors
Palm Projects Ltd currently has 1 director, Mr Peter McCormack serving since May 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter McCormack | United Kingdom | 56 years | May 2017 | - | Director |
P&L
May 2020turnover
58.9k
+9%
operating profit
3.9k
0%
gross margin
26%
-5.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2020net assets
3.4k
+13.57%
total assets
25.2k
+0.17%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
palm projects ltd company details
company number
10770371
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
May 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2020
previous names
N/A
accountant
EJACCOUNTING LIMITED
auditor
-
address
19a kilmorey gardens, twickenham, TW1 1PU
Bank
-
Legal Advisor
-
palm projects 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 projects ltd.
palm projects 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 projects ltd Companies House Filings - See Documents
| date | description | view/download |
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