pelican payment services ltd
pelican payment services ltd Company Information
Company Number
10998879
Next Accounts
Sep 2025
Shareholders
ace software solutions limited
Group Structure
View All
Industry
Other information technology and computer service activities
+1Registered Address
83 cambridge street pimlico, london, SW1V 4PS
Website
http://pelican.aipelican payment services ltd Estimated Valuation
Pomanda estimates the enterprise value of PELICAN PAYMENT SERVICES LTD at £254.9k based on a Turnover of £398.4k and 0.64x industry multiple (adjusted for size and gross margin).
pelican payment services ltd Estimated Valuation
Pomanda estimates the enterprise value of PELICAN PAYMENT SERVICES LTD at £0 based on an EBITDA of £-7.1k and a 4.5x industry multiple (adjusted for size and gross margin).
pelican payment services ltd Estimated Valuation
Pomanda estimates the enterprise value of PELICAN PAYMENT SERVICES LTD at £324.1k based on Net Assets of £147.9k and 2.19x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Pelican Payment Services Ltd Overview
Pelican Payment Services Ltd is a live company located in london, SW1V 4PS with a Companies House number of 10998879. It operates in the other information technology service activities sector, SIC Code 62090. Founded in October 2017, it's largest shareholder is ace software solutions limited with a 100% stake. Pelican Payment Services Ltd is a young, micro sized company, Pomanda has estimated its turnover at £398.4k with declining growth in recent years.
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Pelican Payment Services Ltd Health Check
Pomanda's financial health check has awarded Pelican Payment Services Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
5 Weak
Size
annual sales of £398.4k, make it smaller than the average company (£6.1m)
- Pelican Payment Services Ltd
£6.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (7.3%)
- Pelican Payment Services Ltd
7.3% - Industry AVG
Production
with a gross margin of 45%, this company has a comparable cost of product (45%)
- Pelican Payment Services Ltd
45% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (4.6%)
- Pelican Payment Services Ltd
4.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (35)
3 - Pelican Payment Services Ltd
35 - Industry AVG
Pay Structure
on an average salary of £64.2k, the company has an equivalent pay structure (£64.2k)
- Pelican Payment Services Ltd
£64.2k - Industry AVG
Efficiency
resulting in sales per employee of £132.8k, this is less efficient (£174.8k)
- Pelican Payment Services Ltd
£174.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Pelican Payment Services Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 40 days, this is slower than average (32 days)
- Pelican Payment Services Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pelican Payment Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is average cash available to meet short term requirements (18 weeks)
19 weeks - Pelican Payment Services Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 65.6%, this is a similar level of debt than the average (63.6%)
65.6% - Pelican Payment Services Ltd
63.6% - Industry AVG
PELICAN PAYMENT SERVICES LTD financials
Pelican Payment Services Ltd's latest turnover from December 2023 is estimated at £398.4 thousand and the company has net assets of £147.9 thousand. According to their latest financial statements, Pelican Payment Services Ltd has 3 employees and maintains cash reserves of £108.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 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 | 3 | 3 | 3 | 3 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | ||||||
| Stock & work in progress | ||||||
| Trade Debtors | ||||||
| Group Debtors | 116,586 | |||||
| Misc Debtors | 321,370 | 238,759 | 100,000 | 24,270 | 259,325 | 31,068 |
| Cash | 108,374 | 111,607 | 104,948 | 112,430 | 105,775 | |
| misc current assets | ||||||
| total current assets | 429,744 | 350,366 | 321,534 | 136,700 | 365,100 | 31,068 |
| total assets | 429,744 | 350,366 | 321,534 | 136,700 | 365,100 | 31,068 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 24,097 | |||||
| Group/Directors Accounts | 251,412 | 194,897 | 175,420 | 72,513 | 30,968 | |
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 6,349 | 6,285 | 4,959 | 3,863 | ||
| total current liabilities | 281,858 | 201,182 | 180,379 | 76,376 | 30,968 | |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | ||||||
| total liabilities | 281,858 | 201,182 | 180,379 | 76,376 | 30,968 | |
| net assets | 147,886 | 149,184 | 141,155 | 60,324 | 365,100 | 100 |
| total shareholders funds | 147,886 | 149,184 | 141,155 | 60,324 | 365,100 | 100 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 82,611 | 22,173 | 192,316 | -235,055 | 228,257 | 31,068 |
| Creditors | 24,097 | |||||
| Accruals and Deferred Income | 64 | 1,326 | 1,096 | 3,863 | ||
| 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 | 56,515 | 19,477 | 102,907 | 72,513 | -30,968 | 30,968 |
| 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 | -3,233 | 6,659 | -7,482 | 6,655 | 105,775 | |
| overdraft | ||||||
| change in cash | -3,233 | 6,659 | -7,482 | 6,655 | 105,775 |
pelican payment services ltd Credit Report and Business Information
Pelican Payment Services Ltd Competitor Analysis
Perform a competitor analysis for pelican payment services ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SW1V area or any other competitors across 12 key performance metrics.
pelican payment services ltd Ownership
PELICAN PAYMENT SERVICES LTD group structure
Pelican Payment Services Ltd has no subsidiary companies.
Ultimate parent company
ACE SOFTWARE SOLUTIONS INC
#0036822
2 parents
PELICAN PAYMENT SERVICES LTD
10998879
pelican payment services ltd directors
Pelican Payment Services Ltd currently has 2 directors. The longest serving directors include Mr Parth Desai (Oct 2017) and Mr Abhinav Desai (Jul 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Parth Desai | United Kingdom | 61 years | Oct 2017 | - | Director |
| Mr Abhinav Desai | England | 53 years | Jul 2020 | - | Director |
P&L
December 2023turnover
398.4k
-20%
operating profit
-7.1k
0%
gross margin
45%
-1.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
147.9k
-0.01%
total assets
429.7k
+0.23%
cash
108.4k
-0.03%
net assets
Total assets minus all liabilities
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pelican payment services ltd company details
company number
10998879
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
82990 - Other business support service activities n.e.c.
incorporation date
October 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
GEORGE HAY & COMPANY
auditor
-
address
83 cambridge street pimlico, london, SW1V 4PS
Bank
-
Legal Advisor
-
pelican payment services 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 pelican payment services ltd.
pelican payment services 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.
Click to start generating capital raising & share issue transactions for PELICAN PAYMENT SERVICES LTD. This can take several minutes, an email will notify you when this has completed.
pelican payment services ltd Companies House Filings - See Documents
| date | description | view/download |
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