parallel media limited
parallel media limited Company Information
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
flat 10 leighton lodge, 15 branksome wood road, bournemouth, BH2 6BX
Website
parallelmediagroup.comparallel media limited Estimated Valuation
Pomanda estimates the enterprise value of PARALLEL MEDIA LIMITED at £68.9k based on a Turnover of £125.8k and 0.55x industry multiple (adjusted for size and gross margin).
parallel media limited Estimated Valuation
Pomanda estimates the enterprise value of PARALLEL MEDIA LIMITED at £0 based on an EBITDA of £-1.4k and a 3.26x industry multiple (adjusted for size and gross margin).
parallel media limited Estimated Valuation
Pomanda estimates the enterprise value of PARALLEL MEDIA LIMITED at £0 based on Net Assets of £-2.9k and 2.41x industry multiple (adjusted for liquidity).
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Parallel Media Limited Overview
Parallel Media Limited is a live company located in bournemouth, BH2 6BX with a Companies House number of 11066403. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in November 2017, it's largest shareholder is mustafa taylan temel with a 100% stake. Parallel Media Limited is a young, micro sized company, Pomanda has estimated its turnover at £125.8k with declining growth in recent years.
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Parallel Media Limited Health Check
Pomanda's financial health check has awarded Parallel Media Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £125.8k, make it smaller than the average company (£916.8k)
- Parallel Media Limited
£916.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (6.8%)
- Parallel Media Limited
6.8% - Industry AVG
Production
with a gross margin of 20%, this company has a higher cost of product (40.8%)
- Parallel Media Limited
40.8% - Industry AVG
Profitability
an operating margin of -1.1% make it less profitable than the average company (6.4%)
- Parallel Media Limited
6.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - Parallel Media Limited
14 - Industry AVG
Pay Structure
on an average salary of £30.8k, the company has an equivalent pay structure (£30.8k)
- Parallel Media Limited
£30.8k - Industry AVG
Efficiency
resulting in sales per employee of £125.8k, this is more efficient (£89.5k)
- Parallel Media Limited
£89.5k - Industry AVG
Debtor Days
it gets paid by customers after 144 days, this is later than average (30 days)
- Parallel Media Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (39 days)
- Parallel Media Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Parallel Media Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Parallel Media Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.9%, this is a higher level of debt than the average (44.9%)
105.9% - Parallel Media Limited
44.9% - Industry AVG
PARALLEL MEDIA LIMITED financials
Parallel Media Limited's latest turnover from November 2023 is estimated at £125.8 thousand and the company has net assets of -£2.9 thousand. According to their latest financial statements, Parallel Media Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 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
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 49,761 | 49,765 | 50,007 | 50,001 | 0 | 69 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 49,761 | 49,765 | 50,007 | 50,001 | 0 | 69 |
| total assets | 49,761 | 49,765 | 50,007 | 50,001 | 0 | 69 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,110 | 2,362 | 231 | 156 | 101 | 101 |
| 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 | 6,110 | 2,362 | 231 | 156 | 101 | 101 |
| 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 | 46,600 | 49,000 | 50,000 | 50,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 46,600 | 49,000 | 50,000 | 50,000 | 0 | 0 |
| total liabilities | 52,710 | 51,362 | 50,231 | 50,156 | 101 | 101 |
| net assets | -2,949 | -1,597 | -224 | -155 | -101 | -32 |
| total shareholders funds | -2,949 | -1,597 | -224 | -155 | -101 | -32 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -4 | -242 | 6 | 50,001 | -69 | 69 |
| Creditors | 3,748 | 2,131 | 75 | 55 | 0 | 101 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -2,400 | -1,000 | 0 | 50,000 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
parallel media limited Credit Report and Business Information
Parallel Media Limited Competitor Analysis
Perform a competitor analysis for parallel media limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in BH2 area or any other competitors across 12 key performance metrics.
parallel media limited Ownership
PARALLEL MEDIA LIMITED group structure
Parallel Media Limited has no subsidiary companies.
Ultimate parent company
PARALLEL MEDIA LIMITED
11066403
parallel media limited directors
Parallel Media Limited currently has 1 director, Mr Mustafa Temel serving since Nov 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mustafa Temel | United Kingdom | 36 years | Nov 2017 | - | Director |
P&L
November 2023turnover
125.8k
+8%
operating profit
-1.4k
0%
gross margin
20%
+6.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
-2.9k
+0.85%
total assets
49.8k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
parallel media limited company details
company number
11066403
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
November 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
THYME ACCOUNTING SERVICES LTD
auditor
-
address
flat 10 leighton lodge, 15 branksome wood road, bournemouth, BH2 6BX
Bank
-
Legal Advisor
-
parallel media 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 did not find charges/mortgages relating to parallel media limited.
parallel media 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.
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parallel media limited Companies House Filings - See Documents
| date | description | view/download |
|---|
