Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
darlaston road, wednesbury, west midlands, WS10 7TN
Pomanda estimates the enterprise value of PAL 2020 LIMITED at £25.5m based on a Turnover of £21.3m and 1.2x industry multiple (adjusted for size and gross margin).
pal 2020 limitedEstimated Valuation
£13.2m
Pomanda estimates the enterprise value of PAL 2020 LIMITED at £13.2m based on an EBITDA of £2.6m and a 5.05x industry multiple (adjusted for size and gross margin).
pal 2020 limitedEstimated Valuation
£11.2m
Pomanda estimates the enterprise value of PAL 2020 LIMITED at £11.2m based on Net Assets of £8.8m and 1.27x industry multiple (adjusted for liquidity).
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Pal 2020 LimitedOverview
Pal 2020 Limited is a live company located in west midlands, WS10 7TN with a Companies House number of 12306098. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in November 2019, it's largest shareholder is
darren lowe
with a 28.6% stake. Pal 2020 Limited is a young,
large sized company, Pomanda has estimated its turnover at
£21.3m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Pal 2020 Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
1 Regular
5 Weak
Size
annual sales of £21.3m, make it in line with the average company (£18.8m)
£21.3m - Pal 2020 Limited
£18.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 74%, show it is growing at a faster rate (8.8%)
74% - Pal 2020 Limited
8.8% - Industry AVG
Production
with a gross margin of 20.6%, this company has a higher cost of product (34.6%)
20.6% - Pal 2020 Limited
34.6% - Industry AVG
Profitability
an operating margin of 10% make it more profitable than the average company (4.7%)
10% - Pal 2020 Limited
4.7% - Industry AVG
Employees
with 165 employees, this is above the industry average (102)
165 - Pal 2020 Limited
102 - Industry AVG
Pay Structure
on an average salary of £28.2k, the company has a lower pay structure (£42.8k)
£28.2k - Pal 2020 Limited
£42.8k - Industry AVG
Efficiency
resulting in sales per employee of £129k, this is less efficient (£185.6k)
£129k - Pal 2020 Limited
£185.6k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is later than average (45 days)
66 days - Pal 2020 Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is quicker than average (44 days)
32 days - Pal 2020 Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 57 days, this is more than average (38 days)
57 days - Pal 2020 Limited
38 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 42 weeks, this is more cash available to meet short term requirements (14 weeks)
42 weeks - Pal 2020 Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.3%, this is a lower level of debt than the average (68.9%)
36.3% - Pal 2020 Limited
68.9% - Industry AVG
PAL 2020 LIMITED financials
EXPORT
Pal 2020 Limited's latest turnover from September 2023 is £21.3 million and the company has net assets of £8.8 million. According to their latest financial statements, Pal 2020 Limited has 165 employees and maintains cash reserves of £2.5 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Turnover
21,283,503
22,731,915
22,554,984
4,043,717
Other Income Or Grants
Cost Of Sales
16,893,340
17,430,916
16,173,258
2,973,555
Gross Profit
4,390,163
5,300,999
6,381,726
1,070,162
Admin Expenses
2,257,622
2,078,625
2,294,144
114,937
Operating Profit
2,132,541
3,222,374
4,087,582
955,225
Interest Payable
62,487
38,857
33,776
12,609
Interest Receivable
32,845
6,651
217
Pre-Tax Profit
2,102,899
3,190,168
4,054,023
942,616
Tax
-317,565
-447,784
-587,326
-116,583
Profit After Tax
1,785,334
2,742,384
3,466,697
826,033
Dividends Paid
708,000
848,343
454,000
420,000
Retained Profit
1,077,334
1,894,041
3,012,697
406,033
Employee Costs
4,649,088
4,640,789
4,650,148
863,827
Number Of Employees
165
170
169
171
EBITDA*
2,612,978
3,692,776
4,571,521
1,240,905
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Tangible Assets
4,445,978
4,469,781
4,318,468
4,329,155
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
4,445,978
4,469,781
4,318,468
4,329,155
Stock & work in progress
2,677,790
3,161,753
2,871,242
1,879,301
Trade Debtors
3,852,694
3,795,958
4,065,932
4,132,155
Group Debtors
Misc Debtors
373,225
239,744
238,160
139,493
Cash
2,491,534
2,323,417
3,183,921
2,575,149
misc current assets
total current assets
9,395,243
9,520,872
10,359,255
8,726,098
total assets
13,841,221
13,990,653
14,677,723
13,055,253
Bank overdraft
122,178
107,078
91,230
Bank loan
81,354
Trade Creditors
1,510,957
1,768,841
2,425,033
2,840,584
Group/Directors Accounts
other short term finances
hp & lease commitments
34,639
69,280
69,280
other current liabilities
1,401,257
2,201,803
2,774,860
2,490,134
total current liabilities
3,034,392
4,112,361
5,360,403
5,481,352
loans
774,845
1,067,022
1,161,006
1,261,383
hp & lease commitments
34,640
103,920
Accruals and Deferred Income
other liabilities
854,629
715,150
1,750,565
2,715,281
provisions
359,883
353,790
289,229
198,527
total long term liabilities
1,989,357
2,135,962
3,235,440
4,279,111
total liabilities
5,023,749
6,248,323
8,595,843
9,760,463
net assets
8,817,472
7,742,330
6,081,880
3,294,790
total shareholders funds
8,817,472
7,742,330
6,081,880
3,294,790
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Operating Activities
Operating Profit
2,132,541
3,222,374
4,087,582
955,225
Depreciation
480,437
470,402
483,939
71,713
Amortisation
213,967
Tax
-317,565
-447,784
-587,326
-116,583
Stock
-483,963
290,511
991,941
1,879,301
Debtors
190,217
-268,390
32,444
4,271,648
Creditors
-257,884
-656,192
-415,551
2,840,584
Accruals and Deferred Income
-800,546
-573,057
284,726
2,490,134
Deferred Taxes & Provisions
6,093
64,561
90,702
198,527
Cash flow from operations
1,536,822
2,058,183
2,919,687
502,618
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
-81,354
81,354
Group/Directors Accounts
Other Short Term Loans
Long term loans
-292,177
-93,984
-100,377
1,261,383
Hire Purchase and Lease Commitments
-34,639
-69,281
-69,280
173,200
other long term liabilities
139,479
-1,035,415
-964,716
2,715,281
share issue
-2,192
-233,591
-225,607
2,888,757
interest
-29,642
-32,206
-33,559
-12,609
cash flow from financing
-219,171
-1,464,477
-1,474,893
7,107,366
cash and cash equivalents
cash
168,117
-860,504
608,772
2,575,149
overdraft
15,100
15,848
91,230
change in cash
153,017
-876,352
517,542
2,575,149
pal 2020 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 pal 2020 limited. Get real-time insights into pal 2020 limited's credit score, group structure and payment trends.
Perform a competitor analysis for pal 2020 limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in WS10 area or any other competitors across 12 key performance metrics.
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
November 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
September 2023
previous names
pal 2019 limited (July 2020)
accountant
-
auditor
CHARTWELLS ACCOUNTANTS LIMITED
address
darlaston road, wednesbury, west midlands, WS10 7TN
Bank
-
Legal Advisor
-
pal 2020 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 found 2 charges/mortgages relating to pal 2020 limited. Currently there are 2 open charges and 0 have been satisfied in the past.
pal 2020 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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pal 2020 limitedCompanies House Filings - See Documents
