piq global ltd

Live YoungMicro

piq global ltd Company Information

Share PIQ GLOBAL LTD

Company Number

12872883

Directors

Ryan Paisey

Paul Gordon

View All

Shareholders

ryan paisey

paul gordon

View All

Group Structure

View All

Industry

Other information technology and computer service activities

 

Registered Address

71-75 shelton street, covent garden, london, WC2H 9JQ

Website

-

piq global ltd Estimated Valuation

£167.1k

Pomanda estimates the enterprise value of PIQ GLOBAL LTD at £167.1k based on a Turnover of £231.8k and 0.72x industry multiple (adjusted for size and gross margin).

piq global ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of PIQ GLOBAL LTD at £0 based on an EBITDA of £-62.4k and a 4.91x industry multiple (adjusted for size and gross margin).

piq global ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of PIQ GLOBAL LTD at £0 based on Net Assets of £-52.8k and 2.25x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Piq Global Ltd Overview

Piq Global Ltd is a live company located in london, WC2H 9JQ with a Companies House number of 12872883. It operates in the other information technology service activities sector, SIC Code 62090. Founded in September 2020, it's largest shareholder is ryan paisey with a 52.2% stake. Piq Global Ltd is a young, micro sized company, Pomanda has estimated its turnover at £231.8k with unknown growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Piq Global Ltd Health Check

Pomanda's financial health check has awarded Piq Global Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £231.8k, make it smaller than the average company (£6.9m)

£231.8k - Piq Global Ltd

£6.9m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Piq Global Ltd

- - Industry AVG

production

Production

with a gross margin of 50.2%, this company has a comparable cost of product (50.2%)

50.2% - Piq Global Ltd

50.2% - Industry AVG

profitability

Profitability

an operating margin of -27% make it less profitable than the average company (3.5%)

-27% - Piq Global Ltd

3.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (42)

2 - Piq Global Ltd

42 - Industry AVG

paystructure

Pay Structure

on an average salary of £71.5k, the company has an equivalent pay structure (£71.5k)

£71.5k - Piq Global Ltd

£71.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £115.9k, this is less efficient (£173.2k)

£115.9k - Piq Global Ltd

£173.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Piq Global Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (34 days)

0 days - Piq Global Ltd

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Piq Global Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)

0 weeks - Piq Global Ltd

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 412%, this is a higher level of debt than the average (63.5%)

412% - Piq Global Ltd

63.5% - Industry AVG

PIQ GLOBAL LTD financials

EXPORTms excel logo

Piq Global Ltd's latest turnover from September 2023 is estimated at £231.8 thousand and the company has net assets of -£52.8 thousand. According to their latest financial statements, Piq Global Ltd has 2 employees and maintains cash reserves of £51 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021
Turnover231,799226,81012,593
Other Income Or Grants
Cost Of Sales115,504109,3486,176
Gross Profit116,295117,4626,417
Admin Expenses178,948122,27516,788
Operating Profit-62,653-4,813-10,371
Interest Payable
Interest Receivable2
Pre-Tax Profit-62,651-4,813-10,371
Tax
Profit After Tax-62,651-4,813-10,371
Dividends Paid
Retained Profit-62,651-4,813-10,371
Employee Costs143,012134,62063,789
Number Of Employees221
EBITDA*-62,417-4,813-10,371

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021
Tangible Assets472
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets472
Stock & work in progress
Trade Debtors14
Group Debtors
Misc Debtors16,4096,696
Cash517
misc current assets
total current assets16,4606,70314
total assets16,9326,70314
Bank overdraft
Bank loan
Trade Creditors 487,24810,385
Group/Directors Accounts68,46814,608
other short term finances
hp & lease commitments
other current liabilities1,25030
total current liabilities69,76621,88610,385
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities69,76621,88610,385
net assets-52,834-15,183-10,371
total shareholders funds-52,834-15,183-10,371
Sep 2023Sep 2022Sep 2021
Operating Activities
Operating Profit-62,653-4,813-10,371
Depreciation236
Amortisation
Tax
Stock
Debtors9,7136,68214
Creditors-7,200-3,13710,385
Accruals and Deferred Income1,22030
Deferred Taxes & Provisions
Cash flow from operations-78,110-14,602
Investing Activities
capital expenditure-708
Change in Investments
cash flow from investments-708
Financing Activities
Bank loans
Group/Directors Accounts53,86014,608
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue25,0001
interest2
cash flow from financing78,86214,609
cash and cash equivalents
cash447
overdraft
change in cash447

piq global ltd 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 piq global ltd. Get real-time insights into piq global ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Piq Global Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for piq global ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WC2H area or any other competitors across 12 key performance metrics.

piq global ltd Ownership

PIQ GLOBAL LTD group structure

Piq Global Ltd has no subsidiary companies.

Ultimate parent company

PIQ GLOBAL LTD

12872883

PIQ GLOBAL LTD Shareholders

ryan paisey 52.21%
paul gordon 27.16%
j2d2 ltd 6.98%
lewis jones 5.41%
hubert lewczuk-tilley 1.15%
adam nash 1.14%
david hall 1.06%
barry stewart 0.95%
nina anderson 0.95%
richard gregory bernard 0.41%

piq global ltd directors

Piq Global Ltd currently has 6 directors. The longest serving directors include Mr Ryan Paisey (Sep 2020) and Mr Paul Gordon (Nov 2020).

officercountryagestartendrole
Mr Ryan PaiseyUnited Kingdom41 years Sep 2020- Director
Mr Paul GordonEngland53 years Nov 2020- Director
Mr Paul GordonEngland53 years Nov 2020- Director
Mr Paul GordonUnited Kingdom53 years Nov 2020- Director
Mr James Blackwood MurrayEngland53 years Nov 2021- Director
Mr Richard BernardEngland48 years Nov 2023- Director

P&L

September 2023

turnover

231.8k

+2%

operating profit

-62.7k

0%

gross margin

50.2%

-3.12%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

-52.8k

+2.48%

total assets

16.9k

+1.53%

cash

51

+6.29%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

piq global ltd company details

company number

12872883

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

incorporation date

September 2020

age

5

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

September 2023

previous names

N/A

accountant

CHANDLER AND PARTNERS LIMITED

auditor

-

address

71-75 shelton street, covent garden, london, WC2H 9JQ

Bank

-

Legal Advisor

-

piq global 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 piq global ltd.

piq global 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 PIQ GLOBAL LTD. This can take several minutes, an email will notify you when this has completed.

piq global ltd Companies House Filings - See Documents

datedescriptionview/download