Pomanda estimates the enterprise value of PALMER INDUSTRIES LIMITED at £595.2k based on a Turnover of £689.9k and 0.86x industry multiple (adjusted for size and gross margin).
palmer industries limitedEstimated Valuation
£115.7k
Pomanda estimates the enterprise value of PALMER INDUSTRIES LIMITED at £115.7k based on an EBITDA of £37.1k and a 3.11x industry multiple (adjusted for size and gross margin).
palmer industries limitedEstimated Valuation
£3.9k
Pomanda estimates the enterprise value of PALMER INDUSTRIES LIMITED at £3.9k based on Net Assets of £1.5k and 2.54x industry multiple (adjusted for liquidity).
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Palmer Industries LimitedOverview
Palmer Industries Limited is a live company located in london, WC1N 3AX with a Companies House number of 12652447. It operates in the wireless telecommunications activities sector, SIC Code 61200. Founded in June 2020, it's largest shareholder is
hamiyar salim rashid
with a 100% stake. Palmer Industries Limited is a young,
small sized company, Pomanda has estimated its turnover at
£689.9k with
low
growth in recent years.
Pomanda's financial health check has awarded Palmer Industries Limited a 2 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
Health Rating2out of 5
3 Strong
2 Regular
7 Weak
Size
annual sales of £689.9k, make it smaller than the average company (£7.8m)
£689.9k - Palmer Industries Limited
£7.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (6.6%)
3% - Palmer Industries Limited
6.6% - Industry AVG
Production
with a gross margin of 38.4%, this company has a comparable cost of product (38.4%)
38.4% - Palmer Industries Limited
38.4% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (4%)
2.5% - Palmer Industries Limited
4% - Industry AVG
Employees
with 6 employees, this is below the industry average (36)
6 - Palmer Industries Limited
36 - Industry AVG
Pay Structure
on an average salary of £63.5k, the company has an equivalent pay structure (£63.5k)
£63.5k - Palmer Industries Limited
£63.5k - Industry AVG
Efficiency
resulting in sales per employee of £115k, this is less efficient (£200.7k)
£115k - Palmer Industries Limited
£200.7k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is earlier than average (47 days)
33 days - Palmer Industries Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 102 days, this is slower than average (39 days)
102 days - Palmer Industries Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 22 days, this is less than average (32 days)
22 days - Palmer Industries Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (10 weeks)
4 weeks - Palmer Industries Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.3%, this is a higher level of debt than the average (62.2%)
99.3% - Palmer Industries Limited
62.2% - Industry AVG
PALMER INDUSTRIES LIMITED financials
EXPORT
Palmer Industries Limited's latest turnover from June 2024 is estimated at £689.9 thousand and the company has net assets of £1.5 thousand. According to their latest financial statements, Palmer Industries Limited has 6 employees and maintains cash reserves of £18.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Turnover
689,911
617,306
538,248
637,427
Other Income Or Grants
Cost Of Sales
424,950
397,750
332,659
393,237
Gross Profit
264,962
219,556
205,589
244,191
Admin Expenses
247,531
186,703
329,056
138,063
Operating Profit
17,431
32,853
-123,467
106,128
Interest Payable
Interest Receivable
867
608
221
13
Pre-Tax Profit
18,297
33,461
-123,246
106,141
Tax
-4,574
-8,365
-20,167
Profit After Tax
13,723
25,096
-123,246
85,974
Dividends Paid
Retained Profit
13,723
25,096
-123,246
85,974
Employee Costs
380,801
390,826
367,332
365,786
Number Of Employees
6
6
6
6
EBITDA*
37,143
51,274
-113,611
106,128
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Tangible Assets
59,143
68,999
78,855
88,711
Intangible Assets
59,469
68,034
76,599
85,164
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
118,612
137,033
155,454
173,875
Stock & work in progress
26,587
27,812
12,073
29,417
Trade Debtors
62,385
52,820
35,012
76,146
Group Debtors
Misc Debtors
Cash
18,520
14,500
9,824
25,512
misc current assets
total current assets
107,492
95,132
56,909
131,075
total assets
226,104
232,165
212,363
304,950
Bank overdraft
Bank loan
Trade Creditors
119,459
123,521
109,634
80,498
Group/Directors Accounts
21,650
28,650
34,023
56,311
other short term finances
hp & lease commitments
other current liabilities
83,447
92,169
105,977
82,166
total current liabilities
224,556
244,340
249,634
218,975
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
224,556
244,340
249,634
218,975
net assets
1,548
-12,175
-37,271
85,975
total shareholders funds
1,548
-12,175
-37,271
85,975
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Operating Activities
Operating Profit
17,431
32,853
-123,467
106,128
Depreciation
9,856
9,856
9,856
Amortisation
9,856
8,565
Tax
-4,574
-8,365
-20,167
Stock
-1,225
15,739
-17,344
29,417
Debtors
9,565
17,808
-41,134
76,146
Creditors
-4,062
13,887
29,136
80,498
Accruals and Deferred Income
-8,722
-13,808
23,811
82,166
Deferred Taxes & Provisions
Cash flow from operations
11,445
9,441
-2,186
143,062
Investing Activities
capital expenditure
-1,291
8,565
-173,875
Change in Investments
cash flow from investments
-1,291
8,565
-173,875
Financing Activities
Bank loans
Group/Directors Accounts
-7,000
-5,373
-22,288
56,311
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
867
608
221
13
cash flow from financing
-6,133
-4,765
-22,067
56,325
cash and cash equivalents
cash
4,020
4,676
-15,688
25,512
overdraft
change in cash
4,020
4,676
-15,688
25,512
palmer industries 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 industries limited. Get real-time insights into palmer industries limited's credit score, group structure and payment trends.
Perform a competitor analysis for palmer industries limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in WC1N area or any other competitors across 12 key performance metrics.
palmer industries limited Ownership
PALMER INDUSTRIES LIMITED group structure
Palmer Industries Limited has no subsidiary companies.
The sole shareholder of Palmer Industries Limited is Hamiyar Salim Rashid.
hamiyar salim rashid
100%
palmer industries limited directors
Palmer Industries Limited currently has 2 directors.
The longest serving directors include
Mr Marc Feldman (Jun 2020) and
Mr Hamiyar Rashid (Mar 2024).
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 industries limited.
palmer industries limited Capital Raised & Share Issues BETA
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palmer industries limitedCompanies House Filings - See Documents
