pace pay payroll ltd' limited
pace pay payroll ltd' limited Company Information
Group Structure
View All
Industry
Temporary employment agency activities
Registered Address
creative industries centre, wolverhampton science park, wolverhampton, WV10 9TG
Website
-pace pay payroll ltd' limited Estimated Valuation
Pomanda estimates the enterprise value of PACE PAY PAYROLL LTD' LIMITED at £82.2k based on a Turnover of £451.6k and 0.18x industry multiple (adjusted for size and gross margin).
pace pay payroll ltd' limited Estimated Valuation
Pomanda estimates the enterprise value of PACE PAY PAYROLL LTD' LIMITED at £118.3k based on an EBITDA of £41.7k and a 2.84x industry multiple (adjusted for size and gross margin).
pace pay payroll ltd' limited Estimated Valuation
Pomanda estimates the enterprise value of PACE PAY PAYROLL LTD' LIMITED at £49.6k based on Net Assets of £31.9k and 1.56x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Pace Pay Payroll Ltd' Limited Overview
Pace Pay Payroll Ltd' Limited is a live company located in wolverhampton, WV10 9TG with a Companies House number of 14743238. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in March 2023, it's largest shareholder is oscar louis cotton with a 100% stake. Pace Pay Payroll Ltd' Limited is a startup, micro sized company, Pomanda has estimated its turnover at £451.6k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Pace Pay Payroll Ltd' Limited Health Check
Pomanda's financial health check has awarded Pace Pay Payroll Ltd' Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £451.6k, make it smaller than the average company (£13.6m)
- Pace Pay Payroll Ltd' Limited
£13.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Pace Pay Payroll Ltd' Limited
- - Industry AVG
Production
with a gross margin of 17.8%, this company has a comparable cost of product (17.8%)
- Pace Pay Payroll Ltd' Limited
17.8% - Industry AVG
Profitability
an operating margin of 9.2% make it more profitable than the average company (2.5%)
- Pace Pay Payroll Ltd' Limited
2.5% - Industry AVG
Employees
with 5 employees, this is below the industry average (49)
5 - Pace Pay Payroll Ltd' Limited
49 - Industry AVG
Pay Structure
on an average salary of £49.1k, the company has an equivalent pay structure (£49.1k)
- Pace Pay Payroll Ltd' Limited
£49.1k - Industry AVG
Efficiency
resulting in sales per employee of £90.3k, this is less efficient (£239.6k)
- Pace Pay Payroll Ltd' Limited
£239.6k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (43 days)
- Pace Pay Payroll Ltd' Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is slower than average (3 days)
- Pace Pay Payroll Ltd' Limited
3 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pace Pay Payroll Ltd' Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 184 weeks, this is more cash available to meet short term requirements (7 weeks)
184 weeks - Pace Pay Payroll Ltd' Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.4%, this is a lower level of debt than the average (69.4%)
22.4% - Pace Pay Payroll Ltd' Limited
69.4% - Industry AVG
PACE PAY PAYROLL LTD' LIMITED financials
Pace Pay Payroll Ltd' Limited's latest turnover from March 2024 is estimated at £451.6 thousand and the company has net assets of £31.9 thousand. According to their latest financial statements, Pace Pay Payroll Ltd' Limited has 5 employees and maintains cash reserves of £28.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | |
|---|---|
| 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 | 5 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 0 |
| Stock & work in progress | 0 |
| Trade Debtors | 12,785 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 28,281 |
| misc current assets | 0 |
| total current assets | 41,066 |
| total assets | 41,066 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 7,963 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 7,963 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 1,250 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 1,250 |
| total liabilities | 9,213 |
| net assets | 31,853 |
| total shareholders funds | 31,853 |
| Mar 2024 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 12,785 |
| Creditors | 7,963 |
| Accruals and Deferred Income | 1,250 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 28,281 |
| overdraft | 0 |
| change in cash | 28,281 |
pace pay payroll ltd' limited Credit Report and Business Information
Pace Pay Payroll Ltd' Limited Competitor Analysis
Perform a competitor analysis for pace pay payroll ltd' limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in WV10 area or any other competitors across 12 key performance metrics.
pace pay payroll ltd' limited Ownership
PACE PAY PAYROLL LTD' LIMITED group structure
Pace Pay Payroll Ltd' Limited has no subsidiary companies.
Ultimate parent company
PACE PAY PAYROLL LTD' LIMITED
14743238
pace pay payroll ltd' limited directors
Pace Pay Payroll Ltd' Limited currently has 1 director, Mr Adam Vernon serving since Dec 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Vernon | England | 34 years | Dec 2023 | - | Director |
P&L
March 2024turnover
451.6k
0%
operating profit
41.7k
0%
gross margin
17.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
31.9k
0%
total assets
41.1k
0%
cash
28.3k
0%
net assets
Total assets minus all liabilities
Similar Companies
pace pay payroll ltd' limited company details
company number
14743238
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
March 2023
age
2
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
creative industries centre, wolverhampton science park, wolverhampton, WV10 9TG
Bank
-
Legal Advisor
-
pace pay payroll ltd' 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 pace pay payroll ltd' limited.
pace pay payroll ltd' 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 PACE PAY PAYROLL LTD' LIMITED. This can take several minutes, an email will notify you when this has completed.
pace pay payroll ltd' limited Companies House Filings - See Documents
| date | description | view/download |
|---|
