pieterse associates ltd
pieterse associates ltd Company Information
Company Number
11703838
Next Accounts
Aug 2025
Shareholders
salmon pieterse
karen pieterse
Group Structure
View All
Industry
Other information technology and computer service activities
+3Registered Address
66 sharfleet drive, rochester, kent, ME2 2TY
Website
-pieterse associates ltd Estimated Valuation
Pomanda estimates the enterprise value of PIETERSE ASSOCIATES LTD at £55.1k based on a Turnover of £81.4k and 0.68x industry multiple (adjusted for size and gross margin).
pieterse associates ltd Estimated Valuation
Pomanda estimates the enterprise value of PIETERSE ASSOCIATES LTD at £0 based on an EBITDA of £-19.5k and a 4.63x industry multiple (adjusted for size and gross margin).
pieterse associates ltd Estimated Valuation
Pomanda estimates the enterprise value of PIETERSE ASSOCIATES LTD at £0 based on Net Assets of £-13k and 2.94x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Pieterse Associates Ltd Overview
Pieterse Associates Ltd is a live company located in kent, ME2 2TY with a Companies House number of 11703838. It operates in the other information technology service activities sector, SIC Code 62090. Founded in November 2018, it's largest shareholder is salmon pieterse with a 50% stake. Pieterse Associates Ltd is a young, micro sized company, Pomanda has estimated its turnover at £81.4k with declining growth in recent years.
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Pieterse Associates Ltd Health Check
Pomanda's financial health check has awarded Pieterse Associates Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
8 Weak
Size
annual sales of £81.4k, make it smaller than the average company (£2m)
- Pieterse Associates Ltd
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (7.9%)
- Pieterse Associates Ltd
7.9% - Industry AVG
Production
with a gross margin of 62.7%, this company has a comparable cost of product (62.7%)
- Pieterse Associates Ltd
62.7% - Industry AVG
Profitability
an operating margin of -27.5% make it less profitable than the average company (5.7%)
- Pieterse Associates Ltd
5.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (14)
2 - Pieterse Associates Ltd
14 - Industry AVG
Pay Structure
on an average salary of £41k, the company has an equivalent pay structure (£41k)
- Pieterse Associates Ltd
£41k - Industry AVG
Efficiency
resulting in sales per employee of £40.7k, this is less efficient (£104.4k)
- Pieterse Associates Ltd
£104.4k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (47 days)
- Pieterse Associates Ltd
47 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (45 days)
- Pieterse Associates Ltd
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pieterse Associates Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (17 weeks)
2 weeks - Pieterse Associates Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 181.9%, this is a higher level of debt than the average (68%)
181.9% - Pieterse Associates Ltd
68% - Industry AVG
PIETERSE ASSOCIATES LTD financials
Pieterse Associates Ltd's latest turnover from November 2023 is estimated at £81.4 thousand and the company has net assets of -£13 thousand. According to their latest financial statements, Pieterse Associates Ltd has 2 employees and maintains cash reserves of £1.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 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 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 11,562 | 13,943 | |||
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 11,562 | 13,943 | |||
| Stock & work in progress | |||||
| Trade Debtors | 2,784 | 3,900 | |||
| Group Debtors | |||||
| Misc Debtors | |||||
| Cash | 1,476 | 18,135 | 7,454 | 1,409 | 484 |
| misc current assets | |||||
| total current assets | 4,260 | 22,035 | 7,454 | 1,409 | 484 |
| total assets | 15,822 | 35,978 | 7,454 | 1,409 | 484 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 1,735 | 11,914 | 6,594 | 594 | 594 |
| Group/Directors Accounts | 26,179 | 13,265 | 6,160 | 5,728 | 6,320 |
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 866 | 1,903 | |||
| total current liabilities | 28,780 | 27,082 | 12,754 | 6,322 | 6,914 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | |||||
| total liabilities | 28,780 | 27,082 | 12,754 | 6,322 | 6,914 |
| net assets | -12,958 | 8,896 | -5,300 | -4,913 | -6,430 |
| total shareholders funds | -12,958 | 8,896 | -5,300 | -4,913 | -6,430 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 2,860 | ||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | -1,116 | 3,900 | |||
| Creditors | -10,179 | 5,320 | 6,000 | 594 | |
| Accruals and Deferred Income | -1,037 | 1,903 | |||
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | 12,914 | 7,105 | 432 | -592 | 6,320 |
| 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 | -16,659 | 10,681 | 6,045 | 925 | 484 |
| overdraft | |||||
| change in cash | -16,659 | 10,681 | 6,045 | 925 | 484 |
pieterse associates ltd Credit Report and Business Information
Pieterse Associates Ltd Competitor Analysis
Perform a competitor analysis for pieterse associates ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in ME2 area or any other competitors across 12 key performance metrics.
pieterse associates ltd Ownership
PIETERSE ASSOCIATES LTD group structure
Pieterse Associates Ltd has no subsidiary companies.
Ultimate parent company
PIETERSE ASSOCIATES LTD
11703838
pieterse associates ltd directors
Pieterse Associates Ltd currently has 2 directors. The longest serving directors include Mr Salmon Pieterse (Nov 2018) and Mrs. Karen Pieterse (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Salmon Pieterse | England | 51 years | Nov 2018 | - | Director |
| Mrs. Karen Pieterse | England | 47 years | Nov 2018 | - | Director |
P&L
November 2023turnover
81.4k
-3%
operating profit
-22.4k
0%
gross margin
62.8%
+6.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
-13k
-2.46%
total assets
15.8k
-0.56%
cash
1.5k
-0.92%
net assets
Total assets minus all liabilities
pieterse associates ltd company details
company number
11703838
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
85530 - Driving school activities
70229 - Management consultancy activities (other than financial management)
incorporation date
November 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
TAXDOCTOR.CO.UK
auditor
-
address
66 sharfleet drive, rochester, kent, ME2 2TY
Bank
-
Legal Advisor
-
pieterse associates ltd 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 pieterse associates ltd.
pieterse associates ltd 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.
Click to start generating capital raising & share issue transactions for PIETERSE ASSOCIATES LTD. This can take several minutes, an email will notify you when this has completed.
pieterse associates ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
