Pomanda estimates the enterprise value of PROVISION RESOURCE LIMITED at £2.7m based on a Turnover of £15m and 0.18x industry multiple (adjusted for size and gross margin).
provision resource limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of PROVISION RESOURCE LIMITED at £0 based on an EBITDA of £-22.8k and a 3.86x industry multiple (adjusted for size and gross margin).
provision resource limitedEstimated Valuation
£25.2k
Pomanda estimates the enterprise value of PROVISION RESOURCE LIMITED at £25.2k based on Net Assets of £21.4k and 1.18x industry multiple (adjusted for liquidity).
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Provision Resource LimitedOverview
Provision Resource Limited is a live company located in warrington, WA1 2NN with a Companies House number of 13613398. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in September 2021, it's largest shareholder is
alexander fearn
with a 52.5% stake. Provision Resource Limited is a startup,
mid sized company, Pomanda has estimated its turnover at
£15m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Provision Resource Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
3 Strong
2 Regular
5 Weak
Size
annual sales of £15m, make it larger than the average company (£10.7m)
£15m - Provision Resource Limited
£10.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Provision Resource Limited
- - Industry AVG
Production
with a gross margin of 25.3%, this company has a comparable cost of product (25.3%)
25.3% - Provision Resource Limited
25.3% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (3.9%)
-0.2% - Provision Resource Limited
3.9% - Industry AVG
Employees
with 234 employees, this is above the industry average (45)
234 - Provision Resource Limited
45 - Industry AVG
Pay Structure
on an average salary of £57k, the company has an equivalent pay structure (£57k)
£57k - Provision Resource Limited
£57k - Industry AVG
Efficiency
resulting in sales per employee of £64.1k, this is less efficient (£186.1k)
£64.1k - Provision Resource Limited
£186.1k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is earlier than average (45 days)
29 days - Provision Resource Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (9 days)
0 days - Provision Resource Limited
9 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Provision Resource Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Provision Resource Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.5%, this is a higher level of debt than the average (67.3%)
98.5% - Provision Resource Limited
67.3% - Industry AVG
PROVISION RESOURCE LIMITED financials
EXPORT
Provision Resource Limited's latest turnover from December 2023 is estimated at £15 million and the company has net assets of £21.4 thousand. According to their latest financial statements, Provision Resource Limited has 234 employees and maintains cash reserves of £16 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Turnover
14,995,919
7,498,364
Other Income Or Grants
Cost Of Sales
11,202,120
5,487,796
Gross Profit
3,793,799
2,010,568
Admin Expenses
3,820,602
1,954,169
Operating Profit
-26,803
56,399
Interest Payable
Interest Receivable
1,662
828
Pre-Tax Profit
-25,141
57,227
Tax
-10,873
Profit After Tax
-25,141
46,354
Dividends Paid
Retained Profit
-25,141
46,354
Employee Costs
13,340,936
7,263,186
Number Of Employees
234
135
EBITDA*
-22,768
57,839
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Tangible Assets
20,810
12,567
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
20,810
12,567
Stock & work in progress
Trade Debtors
1,200,438
362,759
Group Debtors
171,137
75,854
Misc Debtors
46,606
30,624
Cash
16,011
47,316
misc current assets
total current assets
1,434,192
516,553
total assets
1,455,002
529,120
Bank overdraft
Bank loan
Trade Creditors
1,927
983
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
1,428,255
478,984
total current liabilities
1,430,182
479,967
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
3,407
2,798
total long term liabilities
3,407
2,798
total liabilities
1,433,589
482,765
net assets
21,413
46,355
total shareholders funds
21,413
46,355
Dec 2023
Dec 2022
Operating Activities
Operating Profit
-26,803
56,399
Depreciation
4,035
1,440
Amortisation
Tax
-10,873
Stock
Debtors
948,944
469,237
Creditors
944
983
Accruals and Deferred Income
949,271
478,984
Deferred Taxes & Provisions
609
2,798
Cash flow from operations
-20,888
60,494
Investing Activities
capital expenditure
-12,278
-14,007
Change in Investments
cash flow from investments
-12,278
-14,007
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
199
1
interest
1,662
828
cash flow from financing
1,861
829
cash and cash equivalents
cash
-31,305
47,316
overdraft
change in cash
-31,305
47,316
provision resource 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 provision resource limited. Get real-time insights into provision resource limited's credit score, group structure and payment trends.
Perform a competitor analysis for provision resource limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in WA1 area or any other competitors across 12 key performance metrics.
provision resource limited Ownership
PROVISION RESOURCE LIMITED group structure
Provision Resource Limited has no subsidiary companies.
Ultimate parent company
PROVISION RESOURCE LIMITED
13613398
PROVISION RESOURCE LIMITED Shareholders
The largest shareholders in Provision Resource Limited include Alexander Fearn and Dylan Mark Cooper.
alexander fearn
52.5%
dylan mark cooper
42.5%
andrew smith
5%
provision resource limited directors
Provision Resource Limited currently has 2 directors.
The longest serving directors include
Mr Alexander Fearn (Sep 2021) and
Mr Dylan Cooper (Sep 2022).
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 provision resource limited. Currently there are 1 open charges and 0 have been satisfied in the past.
provision resource 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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provision resource limitedCompanies House Filings - See Documents
