Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
Registered Address
32 molesworth street, dublin dublin 2 ireland
Website
-
palmer square european loan funding 2021-2 designated activity companyEstimated Valuation
€220.6m
Pomanda estimates the enterprise value of PALMER SQUARE EUROPEAN LOAN FUNDING 2021-2 DESIGNATED ACTIVITY COMPANY at €220.6m based on a Turnover of €50.8m and 4.34x industry multiple (adjusted for size and gross margin).
palmer square european loan funding 2021-2 designated activity companyEstimated Valuation
€578.5m
Pomanda estimates the enterprise value of PALMER SQUARE EUROPEAN LOAN FUNDING 2021-2 DESIGNATED ACTIVITY COMPANY at €578.5m based on an EBITDA of €34.8m and a 16.64x industry multiple (adjusted for size and gross margin).
palmer square european loan funding 2021-2 designated activity companyEstimated Valuation
€3.8k
Pomanda estimates the enterprise value of PALMER SQUARE EUROPEAN LOAN FUNDING 2021-2 DESIGNATED ACTIVITY COMPANY at €3.8k based on Net Assets of €1.6k and 2.38x industry multiple (adjusted for liquidity).
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Palmer Square European Loan Funding 2021-2 Designated Activity CompanyOverview
Palmer Square European Loan Funding 2021-2 Designated Activity Company is a live company. It operates in the credit granting by non-deposit taking finance houses and other specialist consumer credit grantors sector, SIC Code 64921. Founded in August 2021, it's largest shareholder is
maplesfs trustees ireland limited
with a 100% stake. Palmer Square European Loan Funding 2021-2 Designated Activity Company is a startup,
large sized company, Pomanda has estimated its turnover at
€50.8m with
unknown
growth in recent years.
Palmer Square European Loan Funding 2021-2 Designated Activity Company Health Check
Pomanda's financial health check has awarded Palmer Square European Loan Funding 2021-2 Designated Activity Company a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 0 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
2 Regular
0 Weak
Size
annual sales of €50.8m, make it larger than the average company (€16m)
€50.8m - Palmer Square European Loan Funding 2021-2 Designated Activity Company
€16m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Palmer Square European Loan Funding 2021-2 Designated Activity Company
- - Industry AVG
Production
with a gross margin of 57.4%, this company has a lower cost of product (16.9%)
57.4% - Palmer Square European Loan Funding 2021-2 Designated Activity Company
16.9% - Industry AVG
Profitability
an operating margin of 68.4% make it more profitable than the average company (5.4%)
68.4% - Palmer Square European Loan Funding 2021-2 Designated Activity Company
5.4% - Industry AVG
Employees
with 118 employees, this is above the industry average (16)
118 - Palmer Square European Loan Funding 2021-2 Designated Activity Company
16 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Palmer Square European Loan Funding 2021-2 Designated Activity Company
- - Industry AVG
Efficiency
resulting in sales per employee of €430.5k, this is equally as efficient (€433.2k)
€430.5k - Palmer Square European Loan Funding 2021-2 Designated Activity Company
€433.2k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (55 days)
26 days - Palmer Square European Loan Funding 2021-2 Designated Activity Company
55 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Palmer Square European Loan Funding 2021-2 Designated Activity Company
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Palmer Square European Loan Funding 2021-2 Designated Activity Company
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 423 weeks, this is more cash available to meet short term requirements (5 weeks)
423 weeks - Palmer Square European Loan Funding 2021-2 Designated Activity Company
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a similar level of debt than the average (100%)
100% - Palmer Square European Loan Funding 2021-2 Designated Activity Company
100% - Industry AVG
PALMER SQUARE EUROPEAN LOAN FUNDING 2021-2 DESIGNATED ACTIVITY COMPANY financials
EXPORT
Palmer Square European Loan Funding 2021-2 Designated Activity Company's latest turnover from December 2023 is €50.8 million and the company has net assets of €1.6 thousand. According to their latest financial statements, we estimate that Palmer Square European Loan Funding 2021-2 Designated Activity Company has 118 employees and maintains cash reserves of €38.6 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Turnover
50,795,428
52,082,335
Other Income Or Grants
Cost Of Sales
21,628,105
36,150,228
Gross Profit
29,167,323
15,932,107
Admin Expenses
-5,591,184
-2,002,996
Operating Profit
34,758,507
17,935,103
Interest Payable
28,074,080
15,823,580
Interest Receivable
Pre-Tax Profit
1,000
1,115
Tax
-250
-279
Profit After Tax
750
836
Dividends Paid
Retained Profit
750
836
Employee Costs
Number Of Employees
118
148
EBITDA*
34,758,507
17,935,103
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Tangible Assets
380,800,448
425,768,802
Intangible Assets
Investments & Other
380,800,448
425,768,802
Debtors (Due After 1 year)
Total Fixed Assets
380,800,448
425,768,802
Stock & work in progress
Trade Debtors
3,724,545
2,500,516
Group Debtors
Misc Debtors
1
1,116
Cash
38,574,669
12,420,438
misc current assets
total current assets
42,299,215
14,922,070
total assets
423,099,663
440,690,872
Bank overdraft
Bank loan
Trade Creditors
986,042
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
4,735,070
1,550,935
total current liabilities
4,735,070
2,536,977
loans
418,363,006
438,153,058
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
418,363,006
438,153,058
total liabilities
423,098,076
440,690,035
net assets
1,587
837
total shareholders funds
1,587
837
Dec 2023
Dec 2022
Operating Activities
Operating Profit
34,758,507
17,935,103
Depreciation
Amortisation
Tax
-250
-279
Stock
Debtors
1,222,914
2,501,632
Creditors
-986,042
986,042
Accruals and Deferred Income
3,184,135
1,550,935
Deferred Taxes & Provisions
Cash flow from operations
35,733,436
17,970,169
Investing Activities
capital expenditure
44,968,354
-425,768,802
Change in Investments
-44,968,354
425,768,802
cash flow from investments
89,936,708
-851,537,604
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-19,790,052
438,153,058
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
-28,074,080
-15,823,580
cash flow from financing
-47,864,132
422,329,479
cash and cash equivalents
cash
26,154,231
12,420,438
overdraft
change in cash
26,154,231
12,420,438
palmer square european loan funding 2021-2 designated activity company 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 palmer square european loan funding 2021-2 designated activity company. Get real-time insights into palmer square european loan funding 2021-2 designated activity company's credit score, group structure and payment trends.
Palmer Square European Loan Funding 2021-2 Designated Activity Company Competitor Analysis
Perform a competitor analysis for palmer square european loan funding 2021-2 designated activity company by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in Region Area area or any other competitors across 12 key performance metrics.
palmer square european loan funding 2021-2 designated activity company Ownership
PALMER SQUARE EUROPEAN LOAN FUNDING 2021-2 DESIGNATED ACTIVITY COMPANY group structure
Palmer Square European Loan Funding 2021-2 Designated Activity Company has no subsidiary companies.
Ultimate parent company
PALMER SQUARE EUROPEAN LOAN FUNDING 2021-2 DESIGNATED ACTIVITY COMPANY
IE702062
PALMER SQUARE EUROPEAN LOAN FUNDING 2021-2 DESIGNATED ACTIVITY COMPANY Shareholders
The sole shareholder of Palmer Square European Loan Funding 2021-2 Designated Activity Company is Maplesfs Trustees Ireland Limited.
maplesfs trustees ireland limited
100%
palmer square european loan funding 2021-2 designated activity company directors
Palmer Square European Loan Funding 2021-2 Designated Activity Company currently has 2 directors.
The longest serving directors include
Grainne Kirwan (Aug 2021) and
Sinead McEvoy (Feb 2025).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
1.6k
+0.9%
total assets
423.1m
-0.04%
cash
38.6m
+2.11%
net assets
Total assets minus all liabilities
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palmer square european loan funding 2021-2 designated activity company company details
company number
IE702062
Type
DAC - DESIGNATED ACTIVITY COMPANY (LIMITED BY SHARES)
industry
64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
incorporation date
August 2021
age
4
incorporated
IE
ultimate parent company
None
accounts
Full Accounts
last accounts submitted
December 2023
previous names
palmer square european loan funding 2022-1 designated activity company (August 2021)
accountant
-
auditor
DELOITTE IRELAND LLP
address
32 molesworth street, dublin dublin 2 ireland
Bank
CITIBANK N.A.
Legal Advisor
MAPLES AND CALDER (IRELAND) LLP
palmer square european loan funding 2021-2 designated activity company 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 palmer square european loan funding 2021-2 designated activity company.
palmer square european loan funding 2021-2 designated activity company 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 PALMER SQUARE EUROPEAN LOAN FUNDING 2021-2 DESIGNATED ACTIVITY COMPANY. This can take several minutes, an email will notify you when this has completed.
palmer square european loan funding 2021-2 designated activity companyCompanies House Filings - See Documents
