Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
32 molesworth street, dublin dublin 2 ireland
Website
-
palmer square european clo 2023-2 designated activity companyEstimated Valuation
€17.9m
Pomanda estimates the enterprise value of PALMER SQUARE EUROPEAN CLO 2023-2 DESIGNATED ACTIVITY COMPANY at €17.9m based on a Turnover of €12.6m and 1.42x industry multiple (adjusted for size and gross margin).
palmer square european clo 2023-2 designated activity companyEstimated Valuation
€81.6m
Pomanda estimates the enterprise value of PALMER SQUARE EUROPEAN CLO 2023-2 DESIGNATED ACTIVITY COMPANY at €81.6m based on an EBITDA of €15.8m and a 5.16x industry multiple (adjusted for size and gross margin).
palmer square european clo 2023-2 designated activity companyEstimated Valuation
€1k
Pomanda estimates the enterprise value of PALMER SQUARE EUROPEAN CLO 2023-2 DESIGNATED ACTIVITY COMPANY at €1k based on Net Assets of €812 and 1.23x industry multiple (adjusted for liquidity).
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Palmer Square European Clo 2023-2 Designated Activity CompanyOverview
Palmer Square European Clo 2023-2 Designated Activity Company is a live company. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in October 2022, it's largest shareholder is
maplesfs trustees ireland limited
with a 100% stake. Palmer Square European Clo 2023-2 Designated Activity Company is a startup,
mid sized company, Pomanda has estimated its turnover at
€12.6m with
unknown
growth in recent years.
Palmer Square European Clo 2023-2 Designated Activity Company Health Check
Pomanda's financial health check has awarded Palmer Square European Clo 2023-2 Designated Activity Company a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
2 Regular
2 Weak
Size
annual sales of €12.6m, make it larger than the average company (€5.5m)
€12.6m - Palmer Square European Clo 2023-2 Designated Activity Company
€5.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Palmer Square European Clo 2023-2 Designated Activity Company
- - Industry AVG
Production
with a gross margin of 54.3%, this company has a comparable cost of product (54.3%)
54.3% - Palmer Square European Clo 2023-2 Designated Activity Company
54.3% - Industry AVG
Profitability
an operating margin of 125.8% make it more profitable than the average company (9%)
125.8% - Palmer Square European Clo 2023-2 Designated Activity Company
9% - Industry AVG
Employees
with 57 employees, this is above the industry average (14)
57 - Palmer Square European Clo 2023-2 Designated Activity Company
14 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Palmer Square European Clo 2023-2 Designated Activity Company
- - Industry AVG
Efficiency
resulting in sales per employee of €220.6k, this is equally as efficient (€221.7k)
€220.6k - Palmer Square European Clo 2023-2 Designated Activity Company
€221.7k - Industry AVG
Debtor Days
it gets paid by customers after 169 days, this is later than average (33 days)
169 days - Palmer Square European Clo 2023-2 Designated Activity Company
33 days - Industry AVG
Creditor Days
its suppliers are paid after 289 days, this is slower than average (45 days)
289 days - Palmer Square European Clo 2023-2 Designated Activity Company
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Palmer Square European Clo 2023-2 Designated Activity Company
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 62 weeks, this is more cash available to meet short term requirements (29 weeks)
62 weeks - Palmer Square European Clo 2023-2 Designated Activity Company
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (71.4%)
100% - Palmer Square European Clo 2023-2 Designated Activity Company
71.4% - Industry AVG
PALMER SQUARE EUROPEAN CLO 2023-2 DESIGNATED ACTIVITY COMPANY financials
EXPORT
Palmer Square European Clo 2023-2 Designated Activity Company's latest turnover from December 2023 is €12.6 million and the company has net assets of €812. According to their latest financial statements, we estimate that Palmer Square European Clo 2023-2 Designated Activity Company has 57 employees and maintains cash reserves of €60.1 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Turnover
12,571,428
Other Income Or Grants
Cost Of Sales
5,749,523
Gross Profit
6,821,905
Admin Expenses
-8,990,412
Operating Profit
15,812,317
Interest Payable
10,641,886
Interest Receivable
Pre-Tax Profit
1,082
Tax
-271
Profit After Tax
811
Dividends Paid
Retained Profit
811
Employee Costs
Number Of Employees
57
EBITDA*
15,812,317
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
5,828,236
Group Debtors
Misc Debtors
2,529,159
Cash
60,082,988
misc current assets
380,895,812
total current assets
449,336,195
total assets
449,336,195
Bank overdraft
Bank loan
Trade Creditors
4,554,660
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
45,089,538
total current liabilities
49,644,198
loans
399,691,185
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
399,691,185
total liabilities
449,335,383
net assets
812
total shareholders funds
812
Dec 2023
Operating Activities
Operating Profit
15,812,317
Depreciation
Amortisation
Tax
-271
Stock
Debtors
8,357,395
Creditors
4,554,660
Accruals and Deferred Income
45,089,538
Deferred Taxes & Provisions
Cash flow from operations
57,098,849
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
399,691,185
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
-10,641,886
cash flow from financing
389,049,300
cash and cash equivalents
cash
60,082,988
overdraft
change in cash
60,082,988
palmer square european clo 2023-2 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 clo 2023-2 designated activity company. Get real-time insights into palmer square european clo 2023-2 designated activity company's credit score, group structure and payment trends.
Palmer Square European Clo 2023-2 Designated Activity Company Competitor Analysis
Perform a competitor analysis for palmer square european clo 2023-2 designated activity company by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in Region Area area or any other competitors across 12 key performance metrics.
palmer square european clo 2023-2 designated activity company Ownership
PALMER SQUARE EUROPEAN CLO 2023-2 DESIGNATED ACTIVITY COMPANY group structure
Palmer Square European Clo 2023-2 Designated Activity Company has no subsidiary companies.
Ultimate parent company
PALMER SQUARE EUROPEAN CLO 2023-2 DESIGNATED ACTIVITY COMPANY
IE728211
PALMER SQUARE EUROPEAN CLO 2023-2 DESIGNATED ACTIVITY COMPANY Shareholders
The sole shareholder of Palmer Square European Clo 2023-2 Designated Activity Company is Maplesfs Trustees Ireland Limited.
maplesfs trustees ireland limited
100%
palmer square european clo 2023-2 designated activity company directors
Palmer Square European Clo 2023-2 Designated Activity Company currently has 1 director, Grainne Kirwan serving since Oct 2022.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
812
0%
total assets
449.3m
0%
cash
60.1m
0%
net assets
Total assets minus all liabilities
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palmer square european clo 2023-2 designated activity company company details
company number
IE728211
Type
DAC - DESIGNATED ACTIVITY COMPANY (LIMITED BY SHARES)
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
October 2022
age
3
incorporated
IE
ultimate parent company
None
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
DELOITTE IRELAND LLP
address
32 molesworth street, dublin dublin 2 ireland
Bank
-
Legal Advisor
MAPLES AND CALDER (IRELAND) LLP
palmer square european clo 2023-2 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 found 1 charges/mortgages relating to palmer square european clo 2023-2 designated activity company. Currently there are 0 open charges and 1 have been satisfied in the past.
palmer square european clo 2023-2 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 CLO 2023-2 DESIGNATED ACTIVITY COMPANY. This can take several minutes, an email will notify you when this has completed.
palmer square european clo 2023-2 designated activity companyCompanies House Filings - See Documents
