parentpay group limited
parentpay group limited Company Information
Company Number
13477997
Next Accounts
Aug 2025
Shareholders
parentpay newco limited
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
11 kingsley lodge, 13 new cavendish street, london, W1G 9UG
Website
-parentpay group limited Estimated Valuation
Pomanda estimates the enterprise value of PARENTPAY GROUP LIMITED at £1.9m based on a Turnover of £1.7m and 1.13x industry multiple (adjusted for size and gross margin).
parentpay group limited Estimated Valuation
Pomanda estimates the enterprise value of PARENTPAY GROUP LIMITED at £0 based on an EBITDA of £-1.6m and a 7.67x industry multiple (adjusted for size and gross margin).
parentpay group limited Estimated Valuation
Pomanda estimates the enterprise value of PARENTPAY GROUP LIMITED at £1.2b based on Net Assets of £534.9m and 2.25x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Parentpay Group Limited Overview
Parentpay Group Limited is a live company located in london, W1G 9UG with a Companies House number of 13477997. It operates in the other information technology service activities sector, SIC Code 62090. Founded in June 2021, it's largest shareholder is parentpay newco limited with a 100% stake. Parentpay Group Limited is a startup, small sized company, Pomanda has estimated its turnover at £1.7m with unknown growth in recent years.
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Parentpay Group Limited Health Check
Pomanda's financial health check has awarded Parentpay Group Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
5 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£6.6m)
£1.7m - Parentpay Group Limited
£6.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Parentpay Group Limited
- - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (50.9%)
100% - Parentpay Group Limited
50.9% - Industry AVG
Profitability
an operating margin of -98.5% make it less profitable than the average company (3.4%)
-98.5% - Parentpay Group Limited
3.4% - Industry AVG
Employees
with 25 employees, this is below the industry average (41)
25 - Parentpay Group Limited
41 - Industry AVG
Pay Structure
on an average salary of £44.4k, the company has a lower pay structure (£71.6k)
£44.4k - Parentpay Group Limited
£71.6k - Industry AVG
Efficiency
resulting in sales per employee of £66.6k, this is less efficient (£173.6k)
£66.6k - Parentpay Group Limited
£173.6k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (53 days)
16 days - Parentpay Group Limited
53 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Parentpay Group Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Parentpay Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (15 weeks)
5 weeks - Parentpay Group Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.2%, this is a lower level of debt than the average (63.4%)
12.2% - Parentpay Group Limited
63.4% - Industry AVG
PARENTPAY GROUP LIMITED financials
Parentpay Group Limited's latest turnover from November 2023 is £1.7 million and the company has net assets of £534.9 million. According to their latest financial statements, Parentpay Group Limited has 25 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | |
|---|---|---|---|
| Turnover | 1,664,481 | ||
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | 1,664,481 | ||
| Admin Expenses | 3,304,441 | ||
| Operating Profit | -1,639,960 | -125,647 | |
| Interest Payable | 7,750,239 | 4,213,684 | 1,188,799 |
| Interest Receivable | 2,347,018 | 3,183,123 | |
| Pre-Tax Profit | -6,202,994 | -1,156,208 | -1,188,799 |
| Tax | |||
| Profit After Tax | -6,202,994 | -1,156,208 | -1,188,799 |
| Dividends Paid | |||
| Retained Profit | -6,202,994 | -1,156,208 | -1,188,799 |
| Employee Costs | 1,110,731 | ||
| Number Of Employees | 25 | 4 | 3 |
| EBITDA* | -1,639,960 | -125,647 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | |
|---|---|---|---|
| Tangible Assets | 5,022,884 | ||
| Intangible Assets | |||
| Investments & Other | 451,707,615 | 451,670,197 | 451,670,197 |
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 456,730,499 | 451,670,197 | 451,670,197 |
| Stock & work in progress | |||
| Trade Debtors | 75,000 | ||
| Group Debtors | 145,086,400 | 147,652,065 | 142,392,930 |
| Misc Debtors | 6,082,360 | 6,300,624 | |
| Cash | 1,116,280 | 62,844 | |
| misc current assets | |||
| total current assets | 152,360,040 | 154,015,533 | 142,392,930 |
| total assets | 609,090,539 | 605,685,730 | 594,063,127 |
| Bank overdraft | |||
| Bank loan | 3,259 | 524,209 | |
| Trade Creditors | |||
| Group/Directors Accounts | 9,870,562 | 639,140 | 568,940 |
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 112,549 | ||
| total current liabilities | 9,983,111 | 642,399 | 1,093,149 |
| loans | 64,166,990 | 63,937,430 | 50,707,869 |
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | 64,166,990 | 63,937,430 | 50,707,869 |
| total liabilities | 74,150,101 | 64,579,829 | 51,801,018 |
| net assets | 534,940,438 | 541,105,901 | 542,262,109 |
| total shareholders funds | 534,940,438 | 541,105,901 | 542,262,109 |
| Nov 2023 | Nov 2022 | Nov 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | -1,639,960 | -125,647 | |
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | -2,708,929 | 11,559,759 | 142,392,930 |
| Creditors | |||
| Accruals and Deferred Income | 112,549 | ||
| Deferred Taxes & Provisions | |||
| Cash flow from operations | 1,181,518 | -11,685,406 | -142,392,930 |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 37,418 | 451,670,197 | |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | -3,259 | -520,950 | 524,209 |
| Group/Directors Accounts | 9,231,422 | 70,200 | 568,940 |
| Other Short Term Loans | |||
| Long term loans | 229,560 | 13,229,561 | 50,707,869 |
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | -5,403,221 | -1,030,561 | -1,188,799 |
| cash flow from financing | 4,092,033 | 11,748,250 | 594,063,127 |
| cash and cash equivalents | |||
| cash | 1,053,436 | 62,844 | |
| overdraft | |||
| change in cash | 1,053,436 | 62,844 |
parentpay group limited Credit Report and Business Information
Parentpay Group Limited Competitor Analysis
Perform a competitor analysis for parentpay group limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in W1G area or any other competitors across 12 key performance metrics.
parentpay group limited Ownership
PARENTPAY GROUP LIMITED group structure
Parentpay Group Limited has 4 subsidiary companies.
Ultimate parent company
2 parents
PARENTPAY GROUP LIMITED
13477997
4 subsidiaries
parentpay group limited directors
Parentpay Group Limited currently has 5 directors. The longest serving directors include Mr Eirion Neubauer (Jun 2021) and Mr Clint Wilson (Aug 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Eirion Neubauer | United Kingdom | 64 years | Jun 2021 | - | Director |
| Mr Clint Wilson | United Kingdom | 53 years | Aug 2021 | - | Director |
| Mr Nigel Govett | England | 62 years | Aug 2021 | - | Director |
| Mr Clint Wilson | United Kingdom | 53 years | Aug 2021 | - | Director |
| Mr Lewis Alcraft | England | 45 years | Jan 2023 | - | Director |
P&L
November 2023turnover
1.7m
0%
operating profit
-1.6m
+1205%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
534.9m
-0.01%
total assets
609.1m
+0.01%
cash
1.1m
+16.76%
net assets
Total assets minus all liabilities
Similar Companies
parentpay group limited company details
company number
13477997
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
June 2021
age
4
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
November 2023
previous names
pp newco 2 limited (October 2022)
accountant
-
auditor
GRANT THORNTON UK LLP
address
11 kingsley lodge, 13 new cavendish street, london, W1G 9UG
Bank
-
Legal Advisor
-
parentpay group 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 1 charges/mortgages relating to parentpay group limited. Currently there are 1 open charges and 0 have been satisfied in the past.
parentpay group 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.
Click to start generating capital raising & share issue transactions for PARENTPAY GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
parentpay group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
