paisley newco limited
paisley newco limited Company Information
Company Number
11340972
Next Accounts
1 days late
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Shareholders
cim newco limited
Group Structure
View All
Contact
Registered Address
yarnwicke 119-121 cannon street, london, EC4N 5AT
Website
-paisley newco limited Estimated Valuation
Pomanda estimates the enterprise value of PAISLEY NEWCO LIMITED at £80.9m based on a Turnover of £25.1m and 3.22x industry multiple (adjusted for size and gross margin).
paisley newco limited Estimated Valuation
Pomanda estimates the enterprise value of PAISLEY NEWCO LIMITED at £13.5m based on an EBITDA of £982k and a 13.72x industry multiple (adjusted for size and gross margin).
paisley newco limited Estimated Valuation
Pomanda estimates the enterprise value of PAISLEY NEWCO LIMITED at £306.4k based on Net Assets of £243.2k and 1.26x industry multiple (adjusted for liquidity).
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Paisley Newco Limited Overview
Paisley Newco Limited is a live company located in london, EC4N 5AT with a Companies House number of 11340972. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in May 2018, it's largest shareholder is cim newco limited with a 100% stake. Paisley Newco Limited is a young, large sized company, Pomanda has estimated its turnover at £25.1m with low growth in recent years.
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Paisley Newco Limited Health Check
Pomanda's financial health check has awarded Paisley Newco Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £25.1m, make it larger than the average company (£18.1m)
£25.1m - Paisley Newco Limited
£18.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (7.2%)
2% - Paisley Newco Limited
7.2% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (35.3%)
100% - Paisley Newco Limited
35.3% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (5%)
0.6% - Paisley Newco Limited
5% - Industry AVG
Employees
with 246 employees, this is above the industry average (104)
246 - Paisley Newco Limited
104 - Industry AVG
Pay Structure
on an average salary of £64.1k, the company has a higher pay structure (£41.7k)
£64.1k - Paisley Newco Limited
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £102.2k, this is less efficient (£179.7k)
£102.2k - Paisley Newco Limited
£179.7k - Industry AVG
Debtor Days
it gets paid by customers after 83 days, this is later than average (46 days)
83 days - Paisley Newco Limited
46 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Paisley Newco Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Paisley Newco 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 - Paisley Newco Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.2%, this is a similar level of debt than the average (69%)
66.2% - Paisley Newco Limited
69% - Industry AVG
PAISLEY NEWCO LIMITED financials
Paisley Newco Limited's latest turnover from March 2023 is £25.1 million and the company has net assets of £243.2 thousand. According to their latest financial statements, Paisley Newco Limited has 246 employees and maintains cash reserves of £80.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Turnover | 25,147,169 | 24,834,579 | 21,254,697 | 23,432,968 | 21,505,785 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 25,147,169 | 24,834,579 | 21,254,697 | 23,432,968 | 21,505,785 |
| Admin Expenses | 24,995,487 | 23,874,254 | 20,235,050 | 23,008,990 | 20,323,768 |
| Operating Profit | 151,682 | 960,325 | 1,019,647 | 423,978 | 1,182,017 |
| Interest Payable | 170,596 | 75,131 | 102,661 | 121,450 | 110,465 |
| Interest Receivable | 2,742 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -16,172 | 885,194 | 916,986 | 302,528 | 7,178,732 |
| Tax | -66,281 | -172,178 | -159,202 | -79,039 | -98,622 |
| Profit After Tax | -82,453 | 713,016 | 757,784 | 223,489 | 7,080,110 |
| Dividends Paid | 258,000 | 175,607 | 0 | 0 | 0 |
| Retained Profit | -365,399 | 177,758 | 245,602 | 96,374 | 337,310 |
| Employee Costs | 15,778,371 | 15,089,289 | 12,471,290 | 14,176,161 | 12,015,925 |
| Number Of Employees | 246 | 240 | 230 | 238 | 220 |
| EBITDA* | 982,011 | 1,585,488 | 1,593,280 | 984,446 | 1,404,558 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 624,726 | 882,734 | 799,516 | 1,117,654 | 1,330,557 |
| Intangible Assets | 867,733 | 1,027,182 | 1,083,140 | 1,047,053 | 993,924 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 1,000,000 | 2,000,000 |
| Total Fixed Assets | 1,492,459 | 1,909,916 | 1,882,656 | 3,164,707 | 4,324,481 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 5,776,893 | 5,156,000 | 4,117,320 | 4,681,366 | 5,623,784 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,663,490 | 1,821,600 | 2,296,675 | 2,643,477 | 2,483,713 |
| Cash | 80,073 | 511,588 | 3,624,693 | 1,247,994 | 556,640 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,520,456 | 7,489,188 | 10,038,688 | 8,572,837 | 8,664,137 |
| total assets | 10,012,915 | 9,399,104 | 11,921,344 | 11,737,544 | 12,988,618 |
| Bank overdraft | 318,606 | 0 | 0 | 0 | 0 |
| Bank loan | 577,981 | 101,812 | 166,667 | 0 | 0 |
| Trade Creditors | 2,343,749 | 1,975,655 | 1,128,409 | 1,979,576 | 1,715,625 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 150,000 | 306,667 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,683,175 | 2,624,595 | 3,893,133 | 3,142,545 | 3,376,591 |
| total current liabilities | 5,923,511 | 4,702,062 | 5,188,209 | 5,272,121 | 5,398,883 |
| loans | 263,014 | 364,825 | 1,833,333 | 0 | 150,000 |
| 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 | 445,415 | 464,386 | 309,392 | 267,289 | 192,289 |
| total long term liabilities | 708,429 | 829,211 | 2,142,725 | 267,289 | 342,289 |
| total liabilities | 6,631,940 | 5,531,273 | 7,330,934 | 5,539,410 | 5,741,172 |
| net assets | 243,189 | 608,588 | 430,830 | 185,228 | 30,572 |
| total shareholders funds | 243,189 | 608,588 | 430,830 | 185,228 | 30,572 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 151,682 | 960,325 | 1,019,647 | 423,978 | 1,182,017 |
| Depreciation | 573,137 | 424,699 | 385,985 | 412,770 | 212,446 |
| Amortisation | 257,192 | 200,464 | 187,648 | 147,698 | 10,095 |
| Tax | -66,281 | -172,178 | -159,202 | -79,039 | -98,622 |
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,462,783 | 563,605 | -1,910,848 | -1,782,654 | 10,107,497 |
| Creditors | 368,094 | 847,246 | -851,167 | 263,951 | 1,715,625 |
| Accruals and Deferred Income | 58,580 | -1,268,538 | 750,588 | -234,046 | 3,376,591 |
| Deferred Taxes & Provisions | -18,971 | 154,994 | 42,103 | 75,000 | 192,289 |
| Cash flow from operations | -139,350 | 583,407 | 3,286,450 | 2,792,966 | -3,517,056 |
| Investing Activities | |||||
| capital expenditure | 0 | 0 | 0 | 0 | 1,118,872 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 1,118,872 |
| Financing Activities | |||||
| Bank loans | 476,169 | -64,855 | 166,667 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | -150,000 | -156,667 | 306,667 |
| Long term loans | -101,811 | -1,468,508 | 1,833,333 | -150,000 | 150,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | -167,854 | -75,131 | -102,661 | -121,450 | -110,465 |
| cash flow from financing | 206,504 | -1,608,494 | 1,747,339 | -369,835 | 39,464 |
| cash and cash equivalents | |||||
| cash | -431,515 | -3,113,105 | 2,376,699 | 691,354 | 556,640 |
| overdraft | 318,606 | 0 | 0 | 0 | 0 |
| change in cash | -750,121 | -3,113,105 | 2,376,699 | 691,354 | 556,640 |
paisley newco limited Credit Report and Business Information
Paisley Newco Limited Competitor Analysis
Perform a competitor analysis for paisley newco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EC4N area or any other competitors across 12 key performance metrics.
paisley newco limited Ownership
PAISLEY NEWCO LIMITED group structure
Paisley Newco Limited has 1 subsidiary company.
Ultimate parent company
1 parent
PAISLEY NEWCO LIMITED
11340972
1 subsidiary
paisley newco limited directors
Paisley Newco Limited currently has 3 directors. The longest serving directors include Mr Paul Canning (Dec 2023) and Ms Catherine Spitzer (Dec 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Canning | England | 56 years | Dec 2023 | - | Director |
| Ms Catherine Spitzer | United Kingdom | 52 years | Dec 2023 | - | Director |
| Mr Alexander White | England | 55 years | Dec 2023 | - | Director |
P&L
March 2023turnover
25.1m
+1%
operating profit
151.7k
-84%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
243.2k
-0.6%
total assets
10m
+0.07%
cash
80.1k
-0.84%
net assets
Total assets minus all liabilities
paisley newco limited company details
company number
11340972
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
May 2018
age
6
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
PKF SMITH COOPER AUDIT LIMITED
address
yarnwicke 119-121 cannon street, london, EC4N 5AT
Bank
-
Legal Advisor
-
paisley newco 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 paisley newco limited.
paisley newco 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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paisley newco limited Companies House Filings - See Documents
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