palmer group limited

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palmer group limited Company Information

Share PALMER GROUP LIMITED

Company Number

11513909

Shareholders

james palmer

ryan palmer

Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

suite 3 middlesex house, rutherford close, stevenage, hertfordshire, SG1 2EF

palmer group limited Estimated Valuation

£68.8k

Pomanda estimates the enterprise value of PALMER GROUP LIMITED at £68.8k based on a Turnover of £191.7k and 0.36x industry multiple (adjusted for size and gross margin).

palmer group limited Estimated Valuation

£3

Pomanda estimates the enterprise value of PALMER GROUP LIMITED at £3 based on an EBITDA of £1 and a 2.57x industry multiple (adjusted for size and gross margin).

palmer group limited Estimated Valuation

£9

Pomanda estimates the enterprise value of PALMER GROUP LIMITED at £9 based on Net Assets of £4 and 2.37x industry multiple (adjusted for liquidity).

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Palmer Group Limited Overview

Palmer Group Limited is a live company located in stevenage, SG1 2EF with a Companies House number of 11513909. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in August 2018, it's largest shareholder is james palmer with a 50% stake. Palmer Group Limited is a young, micro sized company, Pomanda has estimated its turnover at £191.7k with rapid growth in recent years.

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Palmer Group Limited Health Check

Pomanda's financial health check has awarded Palmer Group 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

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £191.7k, make it smaller than the average company (£3.7m)

£191.7k - Palmer Group Limited

£3.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 44%, show it is growing at a faster rate (8.3%)

44% - Palmer Group Limited

8.3% - Industry AVG

production

Production

with a gross margin of 17.1%, this company has a higher cost of product (37.9%)

17.1% - Palmer Group Limited

37.9% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (5.7%)

0% - Palmer Group Limited

5.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (22)

2 - Palmer Group Limited

22 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.6k, the company has an equivalent pay structure (£46.6k)

£46.6k - Palmer Group Limited

£46.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £95.9k, this is less efficient (£145.7k)

£95.9k - Palmer Group Limited

£145.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (36 days)

0 days - Palmer Group Limited

36 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 373 days, this is slower than average (33 days)

373 days - Palmer Group Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Palmer Group Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Palmer Group Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (59%)

100% - Palmer Group Limited

59% - Industry AVG

PALMER GROUP LIMITED financials

EXPORTms excel logo

Palmer Group Limited's latest turnover from March 2024 is estimated at £191.7 thousand and the company has net assets of £4. According to their latest financial statements, Palmer Group Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Turnover191,727153,23364,68064,46868,385
Other Income Or Grants
Cost Of Sales158,979126,55254,24654,36456,630
Gross Profit32,74826,68210,43410,10311,755
Admin Expenses32,74726,68110,43410,10311,753
Operating Profit112
Interest Payable
Interest Receivable
Pre-Tax Profit112
Tax
Profit After Tax112
Dividends Paid
Retained Profit112
Employee Costs93,28989,53484,49080,27179,502
Number Of Employees22222
EBITDA*112

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Tangible Assets162,489135,00035,00035,00035,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets162,489135,00035,00035,00035,000
Stock & work in progress
Trade Debtors22222
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets22222
total assets162,491135,00235,00235,00235,002
Bank overdraft
Bank loan
Trade Creditors 162,487134,99935,00035,00035,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities162,487134,99935,00035,00035,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities162,487134,99935,00035,00035,000
net assets43222
total shareholders funds43222
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Operating Activities
Operating Profit112
Depreciation
Amortisation
Tax
Stock
Debtors2
Creditors27,48899,99935,000
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations27,489100,00035,000
Investing Activities
capital expenditure-27,489-100,000-35,000
Change in Investments
cash flow from investments-27,489-100,000-35,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

palmer group limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for palmer group limited. Get real-time insights into palmer group limited's credit score, group structure and payment trends.

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Palmer Group Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for palmer group limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in SG1 area or any other competitors across 12 key performance metrics.

palmer group limited Ownership

PALMER GROUP LIMITED group structure

Palmer Group Limited has 1 subsidiary company.

Ultimate parent company

PALMER GROUP LIMITED

11513909

1 subsidiary

PALMER GROUP LIMITED Shareholders

james palmer 50%
ryan palmer 50%

palmer group limited directors

Palmer Group Limited currently has 2 directors. The longest serving directors include Mr Ryan Palmer (Aug 2018) and Mr James Palmer (Aug 2018).

officercountryagestartendrole
Mr Ryan PalmerUnited Kingdom39 years Aug 2018- Director
Mr James PalmerUnited Kingdom41 years Aug 2018- Director

P&L

March 2024

turnover

191.7k

+25%

operating profit

1.3

0%

gross margin

17.1%

-1.91%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

4

+0.33%

total assets

162.5k

+0.2%

cash

0

0%

net assets

Total assets minus all liabilities

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palmer group limited company details

company number

11513909

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

August 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

BAKER WATKIN ACCOUNTING LTD

auditor

-

address

suite 3 middlesex house, rutherford close, stevenage, hertfordshire, SG1 2EF

Bank

-

Legal Advisor

-

palmer group 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 palmer group limited.

palmer group 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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palmer group limited Companies House Filings - See Documents

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