pad pad limited
pad pad limited Company Information
Company Number
10921890
Next Accounts
Nov 2025
Shareholders
darryl broughton
peter hopkin
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
20-22 wenlock road, london, N1 7GU
pad pad limited Estimated Valuation
Pomanda estimates the enterprise value of PAD PAD LIMITED at £6.4m based on a Turnover of £2.9m and 2.22x industry multiple (adjusted for size and gross margin).
pad pad limited Estimated Valuation
Pomanda estimates the enterprise value of PAD PAD LIMITED at £0 based on an EBITDA of £-41.1k and a 4.75x industry multiple (adjusted for size and gross margin).
pad pad limited Estimated Valuation
Pomanda estimates the enterprise value of PAD PAD LIMITED at £461.4k based on Net Assets of £292.9k and 1.58x industry multiple (adjusted for liquidity).
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Pad Pad Limited Overview
Pad Pad Limited is a live company located in london, N1 7GU with a Companies House number of 10921890. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in August 2017, it's largest shareholder is darryl broughton with a 50% stake. Pad Pad Limited is a young, small sized company, Pomanda has estimated its turnover at £2.9m with rapid growth in recent years.
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Pad Pad Limited Health Check
Pomanda's financial health check has awarded Pad Pad Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £2.9m, make it larger than the average company (£805.5k)
- Pad Pad Limited
£805.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 281%, show it is growing at a faster rate (3%)
- Pad Pad Limited
3% - Industry AVG
Production
with a gross margin of 26.4%, this company has a higher cost of product (68.9%)
- Pad Pad Limited
68.9% - Industry AVG
Profitability
an operating margin of -1.4% make it less profitable than the average company (25.3%)
- Pad Pad Limited
25.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Pad Pad Limited
4 - Industry AVG
Pay Structure
on an average salary of £37.7k, the company has an equivalent pay structure (£37.7k)
- Pad Pad Limited
£37.7k - Industry AVG
Efficiency
resulting in sales per employee of £1.5m, this is more efficient (£189k)
- Pad Pad Limited
£189k - Industry AVG
Debtor Days
it gets paid by customers after 138 days, this is later than average (26 days)
- Pad Pad Limited
26 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (30 days)
- Pad Pad Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pad Pad Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Pad Pad Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.4%, this is a higher level of debt than the average (64.4%)
73.4% - Pad Pad Limited
64.4% - Industry AVG
PAD PAD LIMITED financials
Pad Pad Limited's latest turnover from February 2024 is estimated at £2.9 million and the company has net assets of £292.9 thousand. According to their latest financial statements, Pad Pad Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 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 | 2 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 304 | 607 | ||||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 304 | 607 | ||||
| Stock & work in progress | 1,229,876 | 1,134,238 | 1,095,613 | |||
| Trade Debtors | 1,100,454 | 3,006,727 | 2,130 | 958,164 | ||
| Group Debtors | ||||||
| Misc Debtors | 20,819 | 670 | 55,670 | |||
| Cash | 12,344 | 50,289 | 20,497 | 3,476 | ||
| misc current assets | ||||||
| total current assets | 1,100,454 | 3,006,727 | 1,265,169 | 1,009,123 | 1,210,405 | 1,099,089 |
| total assets | 1,100,454 | 3,006,727 | 1,265,473 | 1,009,730 | 1,210,405 | 1,099,089 |
| Bank overdraft | 10,000 | 476,017 | 419,268 | |||
| Bank loan | ||||||
| Trade Creditors | 22,837 | 2,648,391 | ||||
| Group/Directors Accounts | 447,129 | 731,589 | 660,703 | 680,112 | ||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 592,493 | 77,656 | 15,479 | 480 | ||
| total current liabilities | 22,837 | 2,648,391 | 1,049,622 | 809,245 | 1,152,199 | 1,099,860 |
| loans | 80,833 | 50,000 | ||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 784,673 | 24,266 | ||||
| provisions | ||||||
| total long term liabilities | 784,673 | 24,266 | 80,833 | 50,000 | ||
| total liabilities | 807,510 | 2,672,657 | 1,130,455 | 859,245 | 1,152,199 | 1,099,860 |
| net assets | 292,944 | 334,070 | 135,018 | 150,485 | 58,206 | -771 |
| total shareholders funds | 292,944 | 334,070 | 135,018 | 150,485 | 58,206 | -771 |
| Feb 2024 | Feb 2023 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 304 | 303 | ||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 1,229,876 | -1,134,238 | 38,625 | 1,095,613 | ||
| Debtors | -1,906,273 | 3,006,727 | -935,885 | 903,164 | 55,670 | |
| Creditors | -2,625,554 | 2,648,391 | ||||
| Accruals and Deferred Income | 514,837 | 62,177 | 14,999 | 480 | ||
| 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 | -284,460 | 70,886 | -19,409 | 680,112 | ||
| Other Short Term Loans | ||||||
| Long term loans | 30,833 | 50,000 | ||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | 760,407 | 24,266 | ||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -37,945 | 29,792 | 17,021 | 3,476 | ||
| overdraft | 10,000 | -476,017 | 56,749 | 419,268 | ||
| change in cash | -47,945 | 505,809 | -39,728 | -415,792 |
pad pad limited Credit Report and Business Information
Pad Pad Limited Competitor Analysis
Perform a competitor analysis for pad pad limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in N 1 area or any other competitors across 12 key performance metrics.
pad pad limited Ownership
PAD PAD LIMITED group structure
Pad Pad Limited has no subsidiary companies.
Ultimate parent company
PAD PAD LIMITED
10921890
pad pad limited directors
Pad Pad Limited currently has 2 directors. The longest serving directors include Mr Peter Hopkin (Aug 2017) and Mr Darryl Broughton (Aug 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Hopkin | England | 55 years | Aug 2017 | - | Director |
| Mr Darryl Broughton | England | 49 years | Aug 2017 | - | Director |
P&L
February 2024turnover
2.9m
-65%
operating profit
-41.1k
0%
gross margin
26.4%
-2.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
292.9k
-0.12%
total assets
1.1m
-0.63%
cash
0
0%
net assets
Total assets minus all liabilities
pad pad limited company details
company number
10921890
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
August 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
pad property and developments ltd (March 2018)
accountant
-
auditor
-
address
20-22 wenlock road, london, N1 7GU
Bank
-
Legal Advisor
-
pad pad 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 found 8 charges/mortgages relating to pad pad limited. Currently there are 4 open charges and 4 have been satisfied in the past.
pad pad 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.
Click to start generating capital raising & share issue transactions for PAD PAD LIMITED. This can take several minutes, an email will notify you when this has completed.
pad pad limited Companies House Filings - See Documents
| date | description | view/download |
|---|
