pace trading limited
pace trading limited Company Information
Company Number
12231396
Next Accounts
Jun 2025
Industry
Renting and leasing of cars and light motor vehicles
Management consultancy activities (other than financial management)
Directors
Shareholders
deemar holding ltd
Group Structure
View All
Contact
Registered Address
mayfield, highgate business cent, highgate road, birmingham, west midlands, B12 8EA
Website
-pace trading limited Estimated Valuation
Pomanda estimates the enterprise value of PACE TRADING LIMITED at £229.7k based on a Turnover of £473.6k and 0.49x industry multiple (adjusted for size and gross margin).
pace trading limited Estimated Valuation
Pomanda estimates the enterprise value of PACE TRADING LIMITED at £15.8k based on an EBITDA of £5.9k and a 2.69x industry multiple (adjusted for size and gross margin).
pace trading limited Estimated Valuation
Pomanda estimates the enterprise value of PACE TRADING LIMITED at £134.5k based on Net Assets of £52.4k and 2.57x industry multiple (adjusted for liquidity).
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Pace Trading Limited Overview
Pace Trading Limited is a live company located in birmingham, B12 8EA with a Companies House number of 12231396. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in September 2019, it's largest shareholder is deemar holding ltd with a 100% stake. Pace Trading Limited is a young, micro sized company, Pomanda has estimated its turnover at £473.6k with rapid growth in recent years.
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Pace Trading Limited Health Check
Pomanda's financial health check has awarded Pace Trading Limited a 2.5 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 £473.6k, make it smaller than the average company (£6.1m)
- Pace Trading Limited
£6.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 81%, show it is growing at a faster rate (6.7%)
- Pace Trading Limited
6.7% - Industry AVG
Production
with a gross margin of 22.3%, this company has a higher cost of product (46%)
- Pace Trading Limited
46% - Industry AVG
Profitability
an operating margin of 1.2% make it less profitable than the average company (10%)
- Pace Trading Limited
10% - Industry AVG
Employees
with 1 employees, this is below the industry average (19)
1 - Pace Trading Limited
19 - Industry AVG
Pay Structure
on an average salary of £45.2k, the company has an equivalent pay structure (£45.2k)
- Pace Trading Limited
£45.2k - Industry AVG
Efficiency
resulting in sales per employee of £473.6k, this is more efficient (£223.2k)
- Pace Trading Limited
£223.2k - Industry AVG
Debtor Days
it gets paid by customers after 157 days, this is later than average (50 days)
- Pace Trading Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 94 days, this is slower than average (25 days)
- Pace Trading Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pace Trading Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Pace Trading Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.1%, this is a higher level of debt than the average (66.5%)
88.1% - Pace Trading Limited
66.5% - Industry AVG
PACE TRADING LIMITED financials
Pace Trading Limited's latest turnover from September 2023 is estimated at £473.6 thousand and the company has net assets of £52.4 thousand. According to their latest financial statements, Pace Trading Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | |
|---|---|---|---|---|
| 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 | 1 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | |
|---|---|---|---|---|
| Tangible Assets | 237,141 | 0 | 0 | 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 | 237,141 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 204,380 | 139,457 | 70,639 | 25,100 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 204,380 | 139,457 | 70,639 | 25,100 |
| total assets | 441,521 | 139,457 | 70,639 | 25,100 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 95,354 | 50,771 | 9,073 | 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 | 95,354 | 50,771 | 9,073 | 0 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 289,857 | 40,735 | 48,500 | 8,235 |
| provisions | 3,953 | 0 | 0 | 0 |
| total long term liabilities | 293,810 | 40,735 | 48,500 | 8,235 |
| total liabilities | 389,164 | 91,506 | 57,573 | 8,235 |
| net assets | 52,357 | 47,951 | 13,066 | 16,865 |
| total shareholders funds | 52,357 | 47,951 | 13,066 | 16,865 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 64,923 | 68,818 | 45,539 | 25,100 |
| Creditors | 44,583 | 41,698 | 9,073 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 3,953 | 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 | 249,122 | -7,765 | 40,265 | 8,235 |
| 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 |
pace trading limited Credit Report and Business Information
Pace Trading Limited Competitor Analysis
Perform a competitor analysis for pace trading limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in B12 area or any other competitors across 12 key performance metrics.
pace trading limited Ownership
PACE TRADING LIMITED group structure
Pace Trading Limited has no subsidiary companies.
pace trading limited directors
Pace Trading Limited currently has 1 director, Mr Mohammed Aslam serving since Sep 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohammed Aslam | United Kingdom | 50 years | Sep 2019 | - | Director |
P&L
September 2023turnover
473.6k
+72%
operating profit
5.9k
0%
gross margin
22.3%
+1.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
52.4k
+0.09%
total assets
441.5k
+2.17%
cash
0
0%
net assets
Total assets minus all liabilities
pace trading limited company details
company number
12231396
Type
Private limited with Share Capital
industry
77110 - Renting and leasing of cars and light motor vehicles
70229 - Management consultancy activities (other than financial management)
incorporation date
September 2019
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
solace social care ltd (September 2020)
accountant
-
auditor
-
address
mayfield, highgate business cent, highgate road, birmingham, west midlands, B12 8EA
Bank
-
Legal Advisor
-
pace trading 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 pace trading limited.
pace trading 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.
Click to start generating capital raising & share issue transactions for PACE TRADING LIMITED. This can take several minutes, an email will notify you when this has completed.
pace trading limited Companies House Filings - See Documents
| date | description | view/download |
|---|
