paramount house (commercial) ltd
paramount house (commercial) ltd Company Information
Company Number
11012751
Website
www.paramounthousegroup.comRegistered Address
lower rempstone house rempstone, corfe castle, wareham, dorset, BH20 5JQ
Industry
Development of building projects
Buying and selling of own real estate
Telephone
-
Next Accounts Due
July 2025
Group Structure
View All
Directors
Steven McPherson7 Years
Shareholders
paramount house ltd 100%
paramount house (commercial) ltd Estimated Valuation
Pomanda estimates the enterprise value of PARAMOUNT HOUSE (COMMERCIAL) LTD at £140.5k based on a Turnover of £141.7k and 0.99x industry multiple (adjusted for size and gross margin).
paramount house (commercial) ltd Estimated Valuation
Pomanda estimates the enterprise value of PARAMOUNT HOUSE (COMMERCIAL) LTD at £0 based on an EBITDA of £-1.9k and a 3.35x industry multiple (adjusted for size and gross margin).
paramount house (commercial) ltd Estimated Valuation
Pomanda estimates the enterprise value of PARAMOUNT HOUSE (COMMERCIAL) LTD at £0 based on Net Assets of £-31.6k and 1.46x industry multiple (adjusted for liquidity).
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Paramount House (commercial) Ltd Overview
Paramount House (commercial) Ltd is a live company located in wareham, BH20 5JQ with a Companies House number of 11012751. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2017, it's largest shareholder is paramount house ltd with a 100% stake. Paramount House (commercial) Ltd is a young, micro sized company, Pomanda has estimated its turnover at £141.7k with healthy growth in recent years.
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Paramount House (commercial) Ltd Health Check
Pomanda's financial health check has awarded Paramount House (Commercial) Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
8 Weak
Size
annual sales of £141.7k, make it smaller than the average company (£1.6m)
- Paramount House (commercial) Ltd
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (3%)
- Paramount House (commercial) Ltd
3% - Industry AVG
Production
with a gross margin of 17.9%, this company has a higher cost of product (47.7%)
- Paramount House (commercial) Ltd
47.7% - Industry AVG
Profitability
an operating margin of -1.5% make it less profitable than the average company (16.2%)
- Paramount House (commercial) Ltd
16.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Paramount House (commercial) Ltd
5 - Industry AVG
Pay Structure
on an average salary of £41.8k, the company has an equivalent pay structure (£41.8k)
- Paramount House (commercial) Ltd
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £141.7k, this is less efficient (£235.1k)
- Paramount House (commercial) Ltd
£235.1k - Industry AVG
Debtor Days
it gets paid by customers after 107 days, this is later than average (26 days)
- Paramount House (commercial) Ltd
26 days - Industry AVG
Creditor Days
its suppliers are paid after 106 days, this is slower than average (31 days)
- Paramount House (commercial) Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Paramount House (commercial) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Paramount House (commercial) Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 174.2%, this is a higher level of debt than the average (69.1%)
174.2% - Paramount House (commercial) Ltd
69.1% - Industry AVG
PARAMOUNT HOUSE (COMMERCIAL) LTD financials
Paramount House (Commercial) Ltd's latest turnover from October 2023 is estimated at £141.7 thousand and the company has net assets of -£31.6 thousand. According to their latest financial statements, Paramount House (Commercial) Ltd has 1 employee and maintains cash reserves of £11 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 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 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 762 | 1,016 | 1,355 | 2,978 | 3,972 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 762 | 1,016 | 1,355 | 2,978 | 3,972 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 41,823 | 41,776 | 42,961 | 38,318 | 2,515 | 2,009 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 11 | 201 | 22 | 1,673 | 200 | 4 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 41,834 | 41,977 | 42,983 | 39,991 | 2,720 | 10,418 |
| total assets | 42,596 | 42,993 | 44,338 | 42,969 | 6,692 | 10,418 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 34,004 | 32,270 | 13,081 | 1,198 | 4,773 | 4,097 |
| 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 | 0 | 0 | 0 |
| total current liabilities | 34,004 | 32,270 | 13,081 | 1,198 | 4,773 | 4,097 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 40,000 | 40,000 | 50,000 | 45,000 | 0 | 0 |
| provisions | 190 | 193 | 257 | 566 | 0 | 0 |
| total long term liabilities | 40,190 | 40,193 | 50,257 | 45,566 | 755 | 0 |
| total liabilities | 74,194 | 72,463 | 63,338 | 46,764 | 5,528 | 4,097 |
| net assets | -31,598 | -29,470 | -19,000 | -3,795 | 1,164 | 6,321 |
| total shareholders funds | -31,598 | -29,470 | -19,000 | -3,795 | 1,164 | 6,321 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 254 | 339 | 452 | 994 | 1,324 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 47 | -1,185 | 4,643 | 35,803 | -7,899 | 10,414 |
| Creditors | 1,734 | 19,189 | 11,883 | -3,575 | 676 | 4,097 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -3 | -64 | -309 | 566 | 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 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -10,000 | 5,000 | 45,000 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -190 | 179 | -1,651 | 1,473 | 196 | 4 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -190 | 179 | -1,651 | 1,473 | 196 | 4 |
paramount house (commercial) ltd Credit Report and Business Information
Paramount House (commercial) Ltd Competitor Analysis
Perform a competitor analysis for paramount house (commercial) ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BH20 area or any other competitors across 12 key performance metrics.
paramount house (commercial) ltd Ownership
PARAMOUNT HOUSE (COMMERCIAL) LTD group structure
Paramount House (Commercial) Ltd has no subsidiary companies.
Ultimate parent company
1 parent
PARAMOUNT HOUSE (COMMERCIAL) LTD
11012751
paramount house (commercial) ltd directors
Paramount House (Commercial) Ltd currently has 1 director, Mr Steven McPherson serving since Oct 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven McPherson | England | 69 years | Oct 2017 | - | Director |
P&L
October 2023turnover
141.7k
+5%
operating profit
-2.1k
0%
gross margin
17.9%
-2.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-31.6k
+0.07%
total assets
42.6k
-0.01%
cash
11
-0.95%
net assets
Total assets minus all liabilities
paramount house (commercial) ltd company details
company number
11012751
Type
Private limited with Share Capital
industry
41100 - Development of building projects
68100 - Buying and selling of own real estate
incorporation date
October 2017
age
7
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
October 2023
previous names
the foundry (lancashire) ltd (June 2018)
accountant
NEWTON MAGNUS
auditor
-
address
lower rempstone house rempstone, corfe castle, wareham, dorset, BH20 5JQ
Bank
-
Legal Advisor
-
paramount house (commercial) 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 paramount house (commercial) ltd.
paramount house (commercial) ltd Companies House Filings - See Documents
| date | description | view/download |
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