palmer automotive limited
palmer automotive limited Company Information
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
22 chancery lane, london, WC2A 1LS
Website
-palmer automotive limited Estimated Valuation
Pomanda estimates the enterprise value of PALMER AUTOMOTIVE LIMITED at £146.1k based on a Turnover of £295.4k and 0.49x industry multiple (adjusted for size and gross margin).
palmer automotive limited Estimated Valuation
Pomanda estimates the enterprise value of PALMER AUTOMOTIVE LIMITED at £264.8k based on an EBITDA of £81.3k and a 3.26x industry multiple (adjusted for size and gross margin).
palmer automotive limited Estimated Valuation
Pomanda estimates the enterprise value of PALMER AUTOMOTIVE LIMITED at £170.7k based on Net Assets of £87k and 1.96x industry multiple (adjusted for liquidity).
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Palmer Automotive Limited Overview
Palmer Automotive Limited is a live company located in london, WC2A 1LS with a Companies House number of 12717032. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in July 2020, it's largest shareholder is andrew palmer with a 100% stake. Palmer Automotive Limited is a young, micro sized company, Pomanda has estimated its turnover at £295.4k with unknown growth in recent years.
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Palmer Automotive Limited Health Check
Pomanda's financial health check has awarded Palmer Automotive Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £295.4k, make it smaller than the average company (£908.9k)
- Palmer Automotive Limited
£908.9k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Palmer Automotive Limited
- - Industry AVG
Production
with a gross margin of 20.1%, this company has a higher cost of product (41.4%)
- Palmer Automotive Limited
41.4% - Industry AVG
Profitability
an operating margin of 27.5% make it more profitable than the average company (6.5%)
- Palmer Automotive Limited
6.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - Palmer Automotive Limited
14 - Industry AVG
Pay Structure
on an average salary of £30.8k, the company has an equivalent pay structure (£30.8k)
- Palmer Automotive Limited
£30.8k - Industry AVG
Efficiency
resulting in sales per employee of £295.4k, this is more efficient (£88.3k)
- Palmer Automotive Limited
£88.3k - Industry AVG
Debtor Days
it gets paid by customers after 151 days, this is later than average (30 days)
- Palmer Automotive Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 58 days, this is slower than average (39 days)
- Palmer Automotive Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Palmer Automotive Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Palmer Automotive Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.9%, this is a lower level of debt than the average (45.2%)
36.9% - Palmer Automotive Limited
45.2% - Industry AVG
PALMER AUTOMOTIVE LIMITED financials
Palmer Automotive Limited's latest turnover from July 2023 is estimated at £295.4 thousand and the company has net assets of £87 thousand. According to their latest financial statements, Palmer Automotive Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | |
|---|---|---|---|
| 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
| Jul 2023 | Jul 2022 | Jul 2021 | |
|---|---|---|---|
| Tangible Assets | 15,636 | 25,852 | 32,143 |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 15,636 | 25,852 | 32,143 |
| Stock & work in progress | |||
| Trade Debtors | 122,286 | 19,943 | 21,141 |
| Group Debtors | |||
| Misc Debtors | 109,984 | ||
| Cash | |||
| misc current assets | |||
| total current assets | 122,286 | 129,927 | 21,141 |
| total assets | 137,922 | 155,779 | 53,284 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 37,989 | 120,669 | |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 37,989 | 120,669 | |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | 12,954 | 9,113 | 9,029 |
| other liabilities | 78,056 | ||
| provisions | |||
| total long term liabilities | 12,954 | 9,113 | 87,085 |
| total liabilities | 50,943 | 129,782 | 87,085 |
| net assets | 86,979 | 25,997 | -33,801 |
| total shareholders funds | 86,979 | 25,997 | -33,801 |
| Jul 2023 | Jul 2022 | Jul 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | -7,641 | 108,786 | 21,141 |
| Creditors | -82,680 | 120,669 | |
| Accruals and Deferred Income | 3,841 | 84 | 9,029 |
| 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 | |||
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | -78,056 | 78,056 | |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | |||
| overdraft | |||
| change in cash |
palmer automotive limited Credit Report and Business Information
Palmer Automotive Limited Competitor Analysis
Perform a competitor analysis for palmer automotive limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in WC2A area or any other competitors across 12 key performance metrics.
palmer automotive limited Ownership
PALMER AUTOMOTIVE LIMITED group structure
Palmer Automotive Limited has no subsidiary companies.
Ultimate parent company
PALMER AUTOMOTIVE LIMITED
12717032
palmer automotive limited directors
Palmer Automotive Limited currently has 1 director, Mr Andrew Palmer serving since Jul 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Palmer | 61 years | Jul 2020 | - | Director |
P&L
July 2023turnover
295.4k
+155%
operating profit
81.3k
0%
gross margin
20.2%
+6.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
87k
+2.35%
total assets
137.9k
-0.11%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
palmer automotive limited company details
company number
12717032
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
July 2020
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
22 chancery lane, london, WC2A 1LS
Bank
-
Legal Advisor
-
palmer automotive 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 palmer automotive limited.
palmer automotive 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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palmer automotive limited Companies House Filings - See Documents
| date | description | view/download |
|---|
