palmerston road nw6 ltd

palmerston road nw6 ltd Company Information

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Company Number

13255716

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Buying and selling of own real estate

 

Shareholders

nationwide property 2015 limited

Group Structure

View All

Contact

Registered Address

1st floor connaught house, broomhill road, woodford green, essex, IG8 0XR

Website

-

palmerston road nw6 ltd Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of PALMERSTON ROAD NW6 LTD at £1.3m based on a Turnover of £411.2k and 3.1x industry multiple (adjusted for size and gross margin).

palmerston road nw6 ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of PALMERSTON ROAD NW6 LTD at £0 based on an EBITDA of £-36.5k and a 6.69x industry multiple (adjusted for size and gross margin).

palmerston road nw6 ltd Estimated Valuation

£195.5k

Pomanda estimates the enterprise value of PALMERSTON ROAD NW6 LTD at £195.5k based on Net Assets of £116.8k and 1.67x industry multiple (adjusted for liquidity).

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Palmerston Road Nw6 Ltd Overview

Palmerston Road Nw6 Ltd is a live company located in woodford green, IG8 0XR with a Companies House number of 13255716. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2021, it's largest shareholder is nationwide property 2015 limited with a 100% stake. Palmerston Road Nw6 Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £411.2k with healthy growth in recent years.

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Palmerston Road Nw6 Ltd Health Check

Pomanda's financial health check has awarded Palmerston Road Nw6 Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £411.2k, make it smaller than the average company (£1m)

£411.2k - Palmerston Road Nw6 Ltd

£1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.7%)

7% - Palmerston Road Nw6 Ltd

4.7% - Industry AVG

production

Production

with a gross margin of 71.4%, this company has a comparable cost of product (71.4%)

71.4% - Palmerston Road Nw6 Ltd

71.4% - Industry AVG

profitability

Profitability

an operating margin of -8.9% make it less profitable than the average company (27.8%)

-8.9% - Palmerston Road Nw6 Ltd

27.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Palmerston Road Nw6 Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £38k, the company has an equivalent pay structure (£38k)

£38k - Palmerston Road Nw6 Ltd

£38k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £205.6k, this is equally as efficient (£205.6k)

£205.6k - Palmerston Road Nw6 Ltd

£205.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Palmerston Road Nw6 Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Palmerston Road Nw6 Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Palmerston Road Nw6 Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 110 weeks, this is more cash available to meet short term requirements (9 weeks)

110 weeks - Palmerston Road Nw6 Ltd

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 73.7%, this is a higher level of debt than the average (65.1%)

73.7% - Palmerston Road Nw6 Ltd

65.1% - Industry AVG

PALMERSTON ROAD NW6 LTD financials

EXPORTms excel logo

Palmerston Road Nw6 Ltd's latest turnover from August 2024 is estimated at £411.2 thousand and the company has net assets of £116.8 thousand. According to their latest financial statements, Palmerston Road Nw6 Ltd has 2 employees and maintains cash reserves of £34.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2024Aug 2023Aug 2022Aug 2021
Turnover411,177370,797346,053334,947
Other Income Or Grants0000
Cost Of Sales117,437107,657105,487102,151
Gross Profit293,740263,140240,566232,796
Admin Expenses330,215233,361230,929234,272
Operating Profit-36,47529,7799,637-1,476
Interest Payable27,91328,5479,8330
Interest Receivable3,6525,6689160
Pre-Tax Profit-60,7366,900721-1,476
Tax0-1,725-1370
Profit After Tax-60,7365,175584-1,476
Dividends Paid0000
Retained Profit-60,7365,175584-1,476
Employee Costs76,01866,25666,56663,187
Number Of Employees2222
EBITDA*-36,47529,7799,637-1,476

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2024Aug 2023Aug 2022Aug 2021
Tangible Assets0000
Intangible Assets0000
Investments & Other409,900400,000400,000169,117
Debtors (Due After 1 year)0000
Total Fixed Assets409,900400,000400,000169,117
Stock & work in progress0000
Trade Debtors0000
Group Debtors0000
Misc Debtors0000
Cash34,754111,315104,621100
misc current assets0000
total current assets34,754111,315104,621100
total assets444,654511,315504,621169,217
Bank overdraft0000
Bank loan0000
Trade Creditors 0000
Group/Directors Accounts14,41219,51219,118169,117
other short term finances0000
hp & lease commitments0000
other current liabilities1,9622,7871,6621,476
total current liabilities16,37422,29920,780170,593
loans253,750253,750253,7500
hp & lease commitments0000
Accruals and Deferred Income0000
other liabilities0000
provisions57,72157,72157,7210
total long term liabilities311,471311,471311,4710
total liabilities327,845333,770332,251170,593
net assets116,809177,545172,370-1,376
total shareholders funds116,809177,545172,370-1,376
Aug 2024Aug 2023Aug 2022Aug 2021
Operating Activities
Operating Profit-36,47529,7799,637-1,476
Depreciation0000
Amortisation0000
Tax0-1,725-1370
Stock0000
Debtors0000
Creditors0000
Accruals and Deferred Income-8251,1251861,476
Deferred Taxes & Provisions0057,7210
Cash flow from operations-37,30029,17967,4070
Investing Activities
capital expenditure0000
Change in Investments9,9000230,883169,117
cash flow from investments-9,9000-230,883-169,117
Financing Activities
Bank loans0000
Group/Directors Accounts-5,100394-149,999169,117
Other Short Term Loans 0000
Long term loans00253,7500
Hire Purchase and Lease Commitments0000
other long term liabilities0000
share issue00173,162100
interest-24,261-22,879-8,9170
cash flow from financing-29,361-22,485267,996169,217
cash and cash equivalents
cash-76,5616,694104,521100
overdraft0000
change in cash-76,5616,694104,521100

palmerston road nw6 ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Palmerston Road Nw6 Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for palmerston road nw6 ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in IG8 area or any other competitors across 12 key performance metrics.

palmerston road nw6 ltd Ownership

PALMERSTON ROAD NW6 LTD group structure

Palmerston Road Nw6 Ltd has no subsidiary companies.

Ultimate parent company

1 parent

PALMERSTON ROAD NW6 LTD

13255716

PALMERSTON ROAD NW6 LTD Shareholders

nationwide property 2015 limited 100%

palmerston road nw6 ltd directors

Palmerston Road Nw6 Ltd currently has 2 directors. The longest serving directors include Mr Adrian Cole (Mar 2021) and Mr Adam Cole (Mar 2021).

officercountryagestartendrole
Mr Adrian ColeUnited Kingdom59 years Mar 2021- Director
Mr Adam ColeUnited Kingdom30 years Mar 2021- Director

P&L

August 2024

turnover

411.2k

+11%

operating profit

-36.5k

0%

gross margin

71.5%

+0.67%

turnover

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

Balance Sheet

August 2024

net assets

116.8k

-0.34%

total assets

444.7k

-0.13%

cash

34.8k

-0.69%

net assets

Total assets minus all liabilities

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palmerston road nw6 ltd company details

company number

13255716

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

68100 - Buying and selling of own real estate

incorporation date

March 2021

age

3

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

August 2024

previous names

N/A

accountant

GRAVITA ESSEX

auditor

-

address

1st floor connaught house, broomhill road, woodford green, essex, IG8 0XR

Bank

-

Legal Advisor

-

palmerston road nw6 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 found 1 charges/mortgages relating to palmerston road nw6 ltd. Currently there are 1 open charges and 0 have been satisfied in the past.

palmerston road nw6 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.

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palmerston road nw6 ltd Companies House Filings - See Documents

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