packforce limited
packforce limited Company Information
Company Number
11155255
Website
packforce.com.auRegistered Address
2-3 winckley court, chapel street, preston, PR1 8BU
Industry
Other food service activities
Telephone
-
Next Accounts Due
May 2024
Group Structure
View All
Directors
Simon Harwood5 Years
Shareholders
simon harwood 100%
packforce limited Estimated Valuation
Pomanda estimates the enterprise value of PACKFORCE LIMITED at £673.7k based on a Turnover of £2m and 0.34x industry multiple (adjusted for size and gross margin).
packforce limited Estimated Valuation
Pomanda estimates the enterprise value of PACKFORCE LIMITED at £0 based on an EBITDA of £-341.2k and a 3.27x industry multiple (adjusted for size and gross margin).
packforce limited Estimated Valuation
Pomanda estimates the enterprise value of PACKFORCE LIMITED at £0 based on Net Assets of £-375k and 2.55x industry multiple (adjusted for liquidity).
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Packforce Limited Overview
Packforce Limited is a dissolved company that was located in preston, PR1 8BU with a Companies House number of 11155255. It operated in the other food services sector, SIC Code 56290. Founded in January 2018, it's largest shareholder was simon harwood with a 100% stake. The last turnover for Packforce Limited was estimated at £2m.
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Packforce Limited Health Check
Pomanda's financial health check has awarded Packforce Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £2m, make it larger than the average company (£1.3m)
- Packforce Limited
£1.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Packforce Limited
- - Industry AVG
Production
with a gross margin of 10.9%, this company has a higher cost of product (26.9%)
- Packforce Limited
26.9% - Industry AVG
Profitability
an operating margin of -17.1% make it less profitable than the average company (2.2%)
- Packforce Limited
2.2% - Industry AVG
Employees
with 58 employees, this is above the industry average (19)
58 - Packforce Limited
19 - Industry AVG
Pay Structure
on an average salary of £20.4k, the company has an equivalent pay structure (£20.4k)
- Packforce Limited
£20.4k - Industry AVG
Efficiency
resulting in sales per employee of £34.3k, this is less efficient (£67.6k)
- Packforce Limited
£67.6k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is later than average (34 days)
- Packforce Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 148 days, this is slower than average (37 days)
- Packforce Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Packforce Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Packforce Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 189.2%, this is a higher level of debt than the average (67.2%)
189.2% - Packforce Limited
67.2% - Industry AVG
packforce limited Credit Report and Business Information
Packforce Limited Competitor Analysis
Perform a competitor analysis for packforce limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
packforce limited Ownership
PACKFORCE LIMITED group structure
Packforce Limited has no subsidiary companies.
packforce limited directors
Packforce Limited currently has 1 director, Mr Simon Harwood serving since Jun 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Harwood | England | 47 years | Jun 2018 | - | Director |
PACKFORCE LIMITED financials
Packforce Limited's latest turnover from January 2022 is estimated at £2 million and the company has net assets of -£375 thousand. According to their latest financial statements, Packforce Limited has 58 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|
| 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 | 58 | 41 | 22 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|
| Tangible Assets | 193,999 | 96,889 | 33,212 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 193,999 | 96,889 | 33,212 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 226,239 | 295,053 | 136,619 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 1,008 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 226,239 | 295,053 | 137,627 | 0 |
| total assets | 420,238 | 391,942 | 170,839 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 720,024 | 376,357 | 265,019 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 720,024 | 376,357 | 265,019 | 0 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 75,164 | 49,334 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 75,164 | 49,334 | 0 | 0 |
| total liabilities | 795,188 | 425,691 | 265,019 | 0 |
| net assets | -374,950 | -33,749 | -94,180 | 0 |
| total shareholders funds | -374,950 | -33,749 | -94,180 | 0 |
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -68,814 | 157,426 | 137,627 | 0 |
| Creditors | 343,667 | 111,338 | 265,019 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 25,830 | 49,334 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
P&L
January 2022turnover
2m
+12%
operating profit
-341.2k
0%
gross margin
11%
+3.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2022net assets
-375k
+10.11%
total assets
420.2k
+0.07%
cash
0
0%
net assets
Total assets minus all liabilities
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packforce limited company details
company number
11155255
Type
Private limited with Share Capital
industry
56290 - Other food service activities
incorporation date
January 2018
age
6
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
2-3 winckley court, chapel street, preston, PR1 8BU
last accounts submitted
January 2022
packforce 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 found 2 charges/mortgages relating to packforce limited. Currently there are 1 open charges and 1 have been satisfied in the past.
packforce limited Companies House Filings - See Documents
| date | description | view/download |
|---|
