parkeray lite limited
parkeray lite limited Company Information
Company Number
11537335
Next Accounts
Sep 2025
Industry
Other construction installation
Shareholders
parkeray limited
Group Structure
View All
Contact
Registered Address
2nd floor, 24 king william street, london, EC4R 9AT
Website
http://parkeray.co.ukparkeray lite limited Estimated Valuation
Pomanda estimates the enterprise value of PARKERAY LITE LIMITED at £3.2m based on a Turnover of £8m and 0.41x industry multiple (adjusted for size and gross margin).
parkeray lite limited Estimated Valuation
Pomanda estimates the enterprise value of PARKERAY LITE LIMITED at £830.1k based on an EBITDA of £213.2k and a 3.89x industry multiple (adjusted for size and gross margin).
parkeray lite limited Estimated Valuation
Pomanda estimates the enterprise value of PARKERAY LITE LIMITED at £1.7m based on Net Assets of £594.7k and 2.93x industry multiple (adjusted for liquidity).
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Parkeray Lite Limited Overview
Parkeray Lite Limited is a live company located in london, EC4R 9AT with a Companies House number of 11537335. It operates in the other construction installation sector, SIC Code 43290. Founded in August 2018, it's largest shareholder is parkeray limited with a 100% stake. Parkeray Lite Limited is a young, mid sized company, Pomanda has estimated its turnover at £8m with healthy growth in recent years.
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Parkeray Lite Limited Health Check
Pomanda's financial health check has awarded Parkeray Lite Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £8m, make it larger than the average company (£2.5m)
£8m - Parkeray Lite Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (9.2%)
15% - Parkeray Lite Limited
9.2% - Industry AVG
Production
with a gross margin of 8.9%, this company has a higher cost of product (27%)
8.9% - Parkeray Lite Limited
27% - Industry AVG
Profitability
an operating margin of 2.7% make it less profitable than the average company (5.5%)
2.7% - Parkeray Lite Limited
5.5% - Industry AVG
Employees
with 20 employees, this is similar to the industry average (18)
20 - Parkeray Lite Limited
18 - Industry AVG
Pay Structure
on an average salary of £89.6k, the company has a higher pay structure (£44.7k)
£89.6k - Parkeray Lite Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £398.2k, this is more efficient (£185.8k)
£398.2k - Parkeray Lite Limited
£185.8k - Industry AVG
Debtor Days
it gets paid by customers after 130 days, this is later than average (54 days)
130 days - Parkeray Lite Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (39 days)
20 days - Parkeray Lite Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Parkeray Lite Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is less cash available to meet short term requirements (23 weeks)
14 weeks - Parkeray Lite Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.2%, this is a higher level of debt than the average (60.7%)
84.2% - Parkeray Lite Limited
60.7% - Industry AVG
PARKERAY LITE LIMITED financials
Parkeray Lite Limited's latest turnover from December 2023 is £8 million and the company has net assets of £594.7 thousand. According to their latest financial statements, Parkeray Lite Limited has 20 employees and maintains cash reserves of £867.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Turnover | 7,963,332 | 10,133,410 | 4,947,475 | 5,284,946 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 7,253,827 | 9,249,684 | 4,535,742 | 4,775,669 | |
| Gross Profit | 709,505 | 883,726 | 411,733 | 509,277 | |
| Admin Expenses | 496,329 | 618,859 | 367,681 | 463,512 | |
| Operating Profit | 213,176 | 264,867 | 44,052 | 45,765 | |
| Interest Payable | 0 | 0 | 0 | 0 | |
| Interest Receivable | 56,318 | 12,382 | 0 | 0 | |
| Pre-Tax Profit | 269,494 | 277,249 | 44,052 | 45,765 | |
| Tax | -26,999 | -2,903 | 38,031 | 0 | |
| Profit After Tax | 242,495 | 274,346 | 82,083 | 45,765 | |
| Dividends Paid | 150,000 | 0 | 0 | 0 | |
| Retained Profit | 92,495 | 274,346 | 82,083 | 45,765 | |
| Employee Costs | 1,791,384 | 1,765,909 | 1,105,095 | 1,345,387 | |
| Number Of Employees | 20 | 21 | 20 | 19 | |
| EBITDA* | 213,176 | 264,867 | 44,052 | 45,765 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 43,949 | 35,146 | 0 | 0 | 0 |
| Total Fixed Assets | 43,949 | 35,146 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,853,117 | 1,378,506 | 1,420,589 | 713,472 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 4,024 | 52,890 | 43,652 | 65,969 | 0 |
| Cash | 867,917 | 3,276,946 | 1,726,452 | 1,524,762 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,725,058 | 4,708,342 | 3,190,693 | 2,304,203 | 0 |
| total assets | 3,769,007 | 4,743,488 | 3,190,693 | 2,304,203 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 405,466 | 28,442 | 6,321 | 37,149 | 0 |
| Group/Directors Accounts | 1,243,280 | 2,620,019 | 2,257,632 | 1,424,525 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,516,331 | 1,742,833 | 698,892 | 696,764 | 0 |
| total current liabilities | 3,165,077 | 4,391,294 | 2,962,845 | 2,158,438 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 9,241 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 9,241 | 0 | 0 | 0 | 0 |
| total liabilities | 3,174,318 | 4,391,294 | 2,962,845 | 2,158,438 | 0 |
| net assets | 594,689 | 352,194 | 227,848 | 145,765 | 0 |
| total shareholders funds | 594,689 | 352,194 | 227,848 | 145,765 | 0 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 213,176 | 264,867 | 44,052 | 45,765 | |
| Depreciation | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | |
| Tax | -26,999 | -2,903 | 38,031 | 0 | |
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,434,548 | 2,301 | 684,800 | 779,441 | 0 |
| Creditors | 377,024 | 22,121 | -30,828 | 37,149 | 0 |
| Accruals and Deferred Income | -217,261 | 1,043,941 | 2,128 | 696,764 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,088,608 | 1,325,725 | -631,417 | 237 | |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,376,739 | 362,387 | 833,107 | 1,424,525 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | 56,318 | 12,382 | 0 | 0 | |
| cash flow from financing | -1,170,421 | 224,769 | 833,107 | 1,524,525 | |
| cash and cash equivalents | |||||
| cash | -2,409,029 | 1,550,494 | 201,690 | 1,524,762 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,409,029 | 1,550,494 | 201,690 | 1,524,762 | 0 |
parkeray lite limited Credit Report and Business Information
Parkeray Lite Limited Competitor Analysis
Perform a competitor analysis for parkeray lite limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in EC4R area or any other competitors across 12 key performance metrics.
parkeray lite limited Ownership
PARKERAY LITE LIMITED group structure
Parkeray Lite Limited has no subsidiary companies.
Ultimate parent company
2 parents
PARKERAY LITE LIMITED
11537335
parkeray lite limited directors
Parkeray Lite Limited currently has 3 directors. The longest serving directors include Mr Jason Pitts (Dec 2019) and Mr Terence Tracey (Apr 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jason Pitts | England | 61 years | Dec 2019 | - | Director |
| Mr Terence Tracey | England | 62 years | Apr 2022 | - | Director |
| Mrs Sophie Riley | England | 35 years | Apr 2022 | - | Director |
P&L
December 2023turnover
8m
-21%
operating profit
213.2k
-20%
gross margin
9%
+2.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
594.7k
+0.69%
total assets
3.8m
-0.21%
cash
867.9k
-0.74%
net assets
Total assets minus all liabilities
Similar Companies
parkeray lite limited company details
company number
11537335
Type
Private limited with Share Capital
industry
43290 - Other construction installation
incorporation date
August 2018
age
6
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
syser capital ltd (December 2019)
accountant
-
auditor
TC GROUP
address
2nd floor, 24 king william street, london, EC4R 9AT
Bank
-
Legal Advisor
-
parkeray lite 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 parkeray lite limited.
parkeray lite 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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parkeray lite limited Companies House Filings - See Documents
| date | description | view/download |
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