parithy ltd
parithy ltd Company Information
Company Number
10955083
Website
-Registered Address
48 gipsy road, london, SE27 9TQ
Industry
Retail sale in non-specialised stores with food, beverages or tobacco predominating
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Directors
Ramanathan Arulmoleraman7 Years
Shareholders
ramanathan arulmoleraman 100%
parithy ltd Estimated Valuation
Pomanda estimates the enterprise value of PARITHY LTD at £63.9k based on a Turnover of £262.9k and 0.24x industry multiple (adjusted for size and gross margin).
parithy ltd Estimated Valuation
Pomanda estimates the enterprise value of PARITHY LTD at £25.1k based on an EBITDA of £8.7k and a 2.88x industry multiple (adjusted for size and gross margin).
parithy ltd Estimated Valuation
Pomanda estimates the enterprise value of PARITHY LTD at £0 based on Net Assets of £-11.2k and 2.29x industry multiple (adjusted for liquidity).
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Parithy Ltd Overview
Parithy Ltd is a live company located in london, SE27 9TQ with a Companies House number of 10955083. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in September 2017, it's largest shareholder is ramanathan arulmoleraman with a 100% stake. Parithy Ltd is a young, micro sized company, Pomanda has estimated its turnover at £262.9k with declining growth in recent years.
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Parithy Ltd Health Check
Pomanda's financial health check has awarded Parithy Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £262.9k, make it smaller than the average company (£1.1m)
- Parithy Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (7.4%)
- Parithy Ltd
7.4% - Industry AVG
Production
with a gross margin of 16.1%, this company has a higher cost of product (22.4%)
- Parithy Ltd
22.4% - Industry AVG
Profitability
an operating margin of 3.3% make it more profitable than the average company (2.4%)
- Parithy Ltd
2.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (16)
2 - Parithy Ltd
16 - Industry AVG
Pay Structure
on an average salary of £15.2k, the company has an equivalent pay structure (£15.2k)
- Parithy Ltd
£15.2k - Industry AVG
Efficiency
resulting in sales per employee of £131.5k, this is more efficient (£110.7k)
- Parithy Ltd
£110.7k - Industry AVG
Debtor Days
it gets paid by customers after 150 days, this is later than average (6 days)
- Parithy Ltd
6 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (24 days)
- Parithy Ltd
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Parithy Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Parithy Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 109.5%, this is a higher level of debt than the average (67.8%)
109.5% - Parithy Ltd
67.8% - Industry AVG
PARITHY LTD financials
Parithy Ltd's latest turnover from September 2023 is estimated at £262.9 thousand and the company has net assets of -£11.2 thousand. According to their latest financial statements, Parithy Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 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 | 4 | 4 | 4 | 4 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 7,040 | 55,732 | 57,792 | 22,400 | 3,840 | 3,840 |
| Intangible Assets | 0 | 0 | 0 | 40,000 | 40,000 | 40,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,040 | 55,732 | 57,792 | 62,400 | 43,840 | 43,840 |
| Stock & work in progress | 0 | 0 | 0 | 55,000 | 55,000 | 55,000 |
| Trade Debtors | 108,326 | 120,863 | 98,447 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,125 | 3,125 | 5,575 | 6,049 | 3,125 | 3,125 |
| Cash | 0 | 0 | 0 | 48,021 | 1,103 | 422 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 111,451 | 123,988 | 104,022 | 109,070 | 59,228 | 58,547 |
| total assets | 118,491 | 179,720 | 161,814 | 171,470 | 103,068 | 102,387 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 872 | 24,967 | 3,742 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 67,607 | 69,145 | 45,807 |
| total current liabilities | 872 | 24,967 | 3,742 | 67,607 | 69,145 | 45,807 |
| loans | 0 | 0 | 0 | 127,000 | 60,367 | 62,367 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 3,600 | 0 | 0 | 0 | 0 |
| other liabilities | 128,863 | 168,931 | 176,823 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 128,863 | 172,531 | 176,823 | 127,000 | 60,367 | 62,367 |
| total liabilities | 129,735 | 197,498 | 180,565 | 194,607 | 129,512 | 108,174 |
| net assets | -11,244 | -17,778 | -18,751 | -23,137 | -26,444 | -5,787 |
| total shareholders funds | -11,244 | -17,778 | -18,751 | -23,137 | -26,444 | -5,787 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 4,608 | 640 | 0 | |||
| Amortisation | 0 | 0 | 0 | |||
| Tax | ||||||
| Stock | 0 | 0 | -55,000 | 0 | 0 | 55,000 |
| Debtors | -12,537 | 19,966 | 97,973 | 2,924 | 0 | 3,125 |
| Creditors | -24,095 | 21,225 | 3,742 | 0 | 0 | 0 |
| Accruals and Deferred Income | -3,600 | 3,600 | -67,607 | -1,538 | 23,338 | 45,807 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | -127,000 | 66,633 | -2,000 | 62,367 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -40,068 | -7,892 | 176,823 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | -48,021 | 46,918 | 681 | 422 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -48,021 | 46,918 | 681 | 422 |
parithy ltd Credit Report and Business Information
Parithy Ltd Competitor Analysis
Perform a competitor analysis for parithy ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in SE27 area or any other competitors across 12 key performance metrics.
parithy ltd Ownership
PARITHY LTD group structure
Parithy Ltd has no subsidiary companies.
Ultimate parent company
PARITHY LTD
10955083
parithy ltd directors
Parithy Ltd currently has 1 director, Mr Ramanathan Arulmoleraman serving since Sep 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ramanathan Arulmoleraman | United Kingdom | 45 years | Sep 2017 | - | Director |
P&L
September 2023turnover
262.9k
-31%
operating profit
8.7k
0%
gross margin
16.2%
-4.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-11.2k
-0.37%
total assets
118.5k
-0.34%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
parithy ltd company details
company number
10955083
Type
Private limited with Share Capital
industry
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
September 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
September 2023
address
48 gipsy road, london, SE27 9TQ
accountant
FUTUREWISE ACCOUNTANCY LIMITED
auditor
-
parithy 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 parithy ltd.
parithy ltd Companies House Filings - See Documents
| date | description | view/download |
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