premium support (holdings) limited
premium support (holdings) limited Company Information
Company Number
11104868
Website
premiumsupportservices.co.ukRegistered Address
charles lake house, claire causeway, dartford, DA2 6QA
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
02037503333
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
mr michael stephan garrett 50%
mrs deborah garrett 50%
premium support (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of PREMIUM SUPPORT (HOLDINGS) LIMITED at £434.2k based on a Turnover of £366.1k and 1.19x industry multiple (adjusted for size and gross margin).
premium support (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of PREMIUM SUPPORT (HOLDINGS) LIMITED at £16.8m based on an EBITDA of £3.7m and a 4.54x industry multiple (adjusted for size and gross margin).
premium support (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of PREMIUM SUPPORT (HOLDINGS) LIMITED at £9.5m based on Net Assets of £5.1m and 1.86x industry multiple (adjusted for liquidity).
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Premium Support (holdings) Limited Overview
Premium Support (holdings) Limited is a live company located in dartford, DA2 6QA with a Companies House number of 11104868. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in December 2017, it's largest shareholder is mr michael stephan garrett with a 50% stake. Premium Support (holdings) Limited is a young, micro sized company, Pomanda has estimated its turnover at £366.1k with declining growth in recent years.
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Premium Support (holdings) Limited Health Check
Pomanda's financial health check has awarded Premium Support (Holdings) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £366.1k, make it smaller than the average company (£18.6m)
- Premium Support (holdings) Limited
£18.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -75%, show it is growing at a slower rate (7.7%)
- Premium Support (holdings) Limited
7.7% - Industry AVG
Production
with a gross margin of 34.9%, this company has a comparable cost of product (34.9%)
- Premium Support (holdings) Limited
34.9% - Industry AVG
Profitability
an operating margin of 1012.1% make it more profitable than the average company (4.8%)
- Premium Support (holdings) Limited
4.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (105)
2 - Premium Support (holdings) Limited
105 - Industry AVG
Pay Structure
on an average salary of £42.3k, the company has an equivalent pay structure (£42.3k)
- Premium Support (holdings) Limited
£42.3k - Industry AVG
Efficiency
resulting in sales per employee of £183.1k, this is equally as efficient (£183.1k)
- Premium Support (holdings) Limited
£183.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Premium Support (holdings) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Premium Support (holdings) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Premium Support (holdings) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Premium Support (holdings) Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.1%, this is a lower level of debt than the average (69.2%)
2.1% - Premium Support (holdings) Limited
69.2% - Industry AVG
PREMIUM SUPPORT (HOLDINGS) LIMITED financials
Premium Support (Holdings) Limited's latest turnover from April 2023 is estimated at £366.1 thousand and the company has net assets of £5.1 million. According to their latest financial statements, Premium Support (Holdings) Limited has 2 employees and maintains cash reserves of £2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Turnover | 34,335,160 | 24,201,563 | 20,687,557 | 15,179,825 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 29,577,691 | 21,722,084 | 17,705,668 | 12,984,901 | |
| Gross Profit | 4,757,469 | 2,479,479 | 2,981,889 | 2,194,924 | |
| Admin Expenses | 2,427,193 | 1,610,101 | 2,286,910 | 1,565,829 | |
| Operating Profit | 2,330,276 | 869,378 | 694,979 | 629,095 | |
| Interest Payable | 15,286 | 12,829 | 15,561 | 15,518 | |
| Interest Receivable | 0 | 226 | 0 | 0 | |
| Pre-Tax Profit | 2,364,990 | 900,324 | 679,418 | 613,577 | |
| Tax | -562,325 | -287,650 | -250,368 | -226,001 | |
| Profit After Tax | 1,802,665 | 612,674 | 429,050 | 387,576 | |
| Dividends Paid | 845,000 | 360,000 | 330,000 | 301,000 | |
| Retained Profit | 957,665 | 252,674 | 99,050 | 86,576 | |
| Employee Costs | 28,215,727 | 19,981,643 | 15,750,670 | 11,228,026 | |
| Number Of Employees | 2 | 2,060 | 1,470 | 1,285 | 1,047 |
| EBITDA* | 2,935,181 | 1,474,825 | 1,310,778 | 1,192,101 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 35,021 | 22,533 | 416,148 | 425,388 |
| Intangible Assets | 0 | 639,820 | 1,230,425 | 1,821,030 | 2,411,635 |
| Investments & Other | 450,000 | 450,000 | 450,000 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 450,000 | 1,124,841 | 1,702,958 | 2,237,178 | 2,837,023 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 8,512,226 | 5,472,385 | 3,819,662 | 2,190,415 |
| Group Debtors | 4,614,389 | 0 | 0 | 0 | 0 |
| Misc Debtors | 143,533 | 214,914 | 145,812 | 62,137 | 42,594 |
| Cash | 2,000 | 478,395 | 1,056,552 | 354,593 | 2,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,759,922 | 9,205,535 | 6,674,749 | 4,236,392 | 2,235,009 |
| total assets | 5,209,922 | 10,330,376 | 8,377,707 | 6,473,570 | 5,072,032 |
| Bank overdraft | 0 | 1,427,513 | 4,917 | 1,192,064 | 189,817 |
| Bank loan | 0 | 18,809 | 38,500 | 38,780 | 37,180 |
| Trade Creditors | 0 | 507,767 | 617,552 | 577,154 | 594,634 |
| Group/Directors Accounts | 0 | 93,561 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 109,550 | 4,379,182 | 4,753,349 | 1,981,470 | 1,627,007 |
| total current liabilities | 109,550 | 6,426,832 | 5,414,318 | 3,789,468 | 2,448,638 |
| loans | 0 | 188,961 | 206,471 | 246,476 | 284,818 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 188,961 | 206,471 | 246,476 | 284,818 |
| total liabilities | 109,550 | 6,615,793 | 5,620,789 | 4,035,944 | 2,733,456 |
| net assets | 5,100,372 | 3,714,583 | 2,756,918 | 2,437,626 | 2,338,576 |
| total shareholders funds | 5,100,372 | 3,714,583 | 2,756,918 | 2,437,626 | 2,338,576 |
| Apr 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 2,330,276 | 869,378 | 694,979 | 629,095 | |
| Depreciation | 0 | 14,300 | 14,842 | 25,194 | 21,618 |
| Amortisation | 0 | 590,605 | 590,605 | 590,605 | 541,388 |
| Tax | -562,325 | -287,650 | -250,368 | -226,001 | |
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,757,922 | 3,108,943 | 1,736,398 | 1,648,790 | 2,233,009 |
| Creditors | 0 | -109,785 | 40,398 | -17,480 | 594,634 |
| Accruals and Deferred Income | 109,550 | -374,167 | 2,771,879 | 354,463 | 1,627,007 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,220,039 | 2,263,054 | -251,397 | 954,732 | |
| Investing Activities | |||||
| capital expenditure | 0 | 0 | 0 | -2,280,331 | |
| Change in Investments | 450,000 | 0 | 450,000 | 0 | 0 |
| cash flow from investments | 0 | -450,000 | 0 | -2,280,331 | |
| Financing Activities | |||||
| Bank loans | 0 | -19,691 | -280 | 1,600 | 37,180 |
| Group/Directors Accounts | 0 | 93,561 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -17,510 | -40,005 | -38,342 | 284,818 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | -15,286 | -12,603 | -15,561 | -15,518 | |
| cash flow from financing | 41,074 | 13,730 | -52,303 | 2,558,480 | |
| cash and cash equivalents | |||||
| cash | 2,000 | -578,157 | 701,959 | 352,593 | 2,000 |
| overdraft | 0 | 1,422,596 | -1,187,147 | 1,002,247 | 189,817 |
| change in cash | 2,000 | -2,000,753 | 1,889,106 | -649,654 | -187,817 |
premium support (holdings) limited Credit Report and Business Information
Premium Support (holdings) Limited Competitor Analysis
Perform a competitor analysis for premium support (holdings) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in DA2 area or any other competitors across 12 key performance metrics.
premium support (holdings) limited Ownership
PREMIUM SUPPORT (HOLDINGS) LIMITED group structure
Premium Support (Holdings) Limited has no subsidiary companies.
Ultimate parent company
PREMIUM SUPPORT (HOLDINGS) LIMITED
11104868
premium support (holdings) limited directors
Premium Support (Holdings) Limited currently has 2 directors. The longest serving directors include Mr Michael Garrett (Dec 2017) and Mrs Deborah Garrett (Dec 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Garrett | England | 59 years | Dec 2017 | - | Director |
| Mrs Deborah Garrett | England | 63 years | Dec 2017 | - | Director |
P&L
April 2023turnover
366.1k
0%
operating profit
3.7m
0%
gross margin
35%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
5.1m
0%
total assets
5.2m
0%
cash
2k
0%
net assets
Total assets minus all liabilities
premium support (holdings) limited company details
company number
11104868
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
December 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
charles lake house, claire causeway, dartford, DA2 6QA
Bank
-
Legal Advisor
-
premium support (holdings) 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 premium support (holdings) limited.
premium support (holdings) limited Companies House Filings - See Documents
| date | description | view/download |
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