parkmead (e&p) limited
parkmead (e&p) limited Company Information
Company Number
SC397002
Next Accounts
Mar 2026
Shareholders
parkmead group plc
Group Structure
View All
Industry
Support activities for petroleum and natural gas extraction
+2Registered Address
4 queen's terrace, aberdeen, AB10 1XL
Website
www.parkmeadgroup.comparkmead (e&p) limited Estimated Valuation
Pomanda estimates the enterprise value of PARKMEAD (E&P) LIMITED at £5.3m based on a Turnover of £5m and 1.06x industry multiple (adjusted for size and gross margin).
parkmead (e&p) limited Estimated Valuation
Pomanda estimates the enterprise value of PARKMEAD (E&P) LIMITED at £2.4m based on an EBITDA of £850k and a 2.81x industry multiple (adjusted for size and gross margin).
parkmead (e&p) limited Estimated Valuation
Pomanda estimates the enterprise value of PARKMEAD (E&P) LIMITED at £0 based on Net Assets of £-46.5m and 1.33x industry multiple (adjusted for liquidity).
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Parkmead (e&p) Limited Overview
Parkmead (e&p) Limited is a live company located in aberdeen, AB10 1XL with a Companies House number of SC397002. It operates in the extraction of crude petroleum sector, SIC Code 06100. Founded in April 2011, it's largest shareholder is parkmead group plc with a 100% stake. Parkmead (e&p) Limited is a established, mid sized company, Pomanda has estimated its turnover at £5m with high growth in recent years.
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Parkmead (e&p) Limited Health Check
Pomanda's financial health check has awarded Parkmead (E&P) 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
1 Regular
5 Weak
Size
annual sales of £5m, make it smaller than the average company (£27m)
£5m - Parkmead (e&p) Limited
£27m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (11.5%)
18% - Parkmead (e&p) Limited
11.5% - Industry AVG
Production
with a gross margin of 63.1%, this company has a lower cost of product (41.8%)
63.1% - Parkmead (e&p) Limited
41.8% - Industry AVG
Profitability
an operating margin of 7.3% make it less profitable than the average company (15.8%)
7.3% - Parkmead (e&p) Limited
15.8% - Industry AVG
Employees
with 12 employees, this is below the industry average (38)
- Parkmead (e&p) Limited
38 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Parkmead (e&p) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £420.2k, this is less efficient (£646k)
- Parkmead (e&p) Limited
£646k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (38 days)
6 days - Parkmead (e&p) Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is slower than average (29 days)
37 days - Parkmead (e&p) Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Parkmead (e&p) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is average cash available to meet short term requirements (7 weeks)
6 weeks - Parkmead (e&p) Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 408.2%, this is a higher level of debt than the average (63.3%)
408.2% - Parkmead (e&p) Limited
63.3% - Industry AVG
PARKMEAD (E&P) LIMITED financials
Parkmead (E&P) Limited's latest turnover from June 2024 is £5 million and the company has net assets of -£46.5 million. According to their latest financial statements, we estimate that Parkmead (E&P) Limited has 12 employees and maintains cash reserves of £7.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,042,000 | 13,940,000 | 11,747,000 | 3,037,000 | 2,740,000 | 7,075,000 | 5,812,000 | 3,098,000 | 7,749,000 | 11,882,000 | 9,676,000 | 2,167,404 | 441,171 | |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 1,862,000 | 1,875,000 | 1,124,000 | 1,406,000 | 2,085,000 | 2,189,000 | 2,619,000 | 2,628,000 | 11,854,000 | 25,410,000 | 4,514,000 | 1,120,591 | ||
| Gross Profit | 3,180,000 | 12,065,000 | 10,623,000 | 1,631,000 | 655,000 | 4,886,000 | 3,193,000 | 470,000 | -4,105,000 | -13,528,000 | 5,162,000 | 1,046,813 | 441,171 | |
| Admin Expenses | 2,811,000 | 43,663,000 | 1,453,000 | 11,967,000 | 1,754,000 | 258,000 | 5,386,000 | 2,667,000 | -672,000 | 1,319,000 | 420,000 | 186,504 | 726,663 | |
| Operating Profit | 369,000 | -31,598,000 | 9,170,000 | -10,336,000 | -1,099,000 | 4,628,000 | -2,193,000 | -2,197,000 | -3,433,000 | -14,847,000 | 4,742,000 | 860,309 | -285,492 | |
| Interest Payable | 283,000 | 125,000 | 1,208,000 | 656,000 | 636,000 | 544,000 | 629,000 | 747,000 | 641,000 | 672,000 | 112,000 | 34,894 | ||
| Interest Receivable | 26,000 | 102,000 | 74,000 | 36,000 | 38,000 | 21,000 | 245,000 | 20,000 | 8,000 | 1,000 | 219 | |||
| Pre-Tax Profit | 112,000 | -31,621,000 | 7,962,000 | -10,918,000 | -1,699,000 | 4,122,000 | -2,801,000 | -2,699,000 | -4,054,000 | -15,511,000 | 4,631,000 | 825,634 | -285,492 | |
| Tax | 3,235,000 | -8,132,000 | -4,783,000 | -425,000 | 310,000 | -2,385,000 | -1,259,000 | -607,000 | -35,000 | -680,000 | 480,000 | -307,950 | ||
| Profit After Tax | 3,347,000 | -39,753,000 | 3,179,000 | -11,343,000 | -1,389,000 | 1,737,000 | -4,060,000 | -3,306,000 | -4,089,000 | -16,191,000 | 5,111,000 | 517,684 | -285,492 | |
| Dividends Paid | ||||||||||||||
| Retained Profit | 3,347,000 | -39,753,000 | 3,179,000 | -11,343,000 | -1,389,000 | 1,737,000 | -4,060,000 | -3,306,000 | -4,089,000 | -16,191,000 | 5,111,000 | 517,684 | -285,492 | |
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* | 850,000 | -31,313,000 | 9,330,000 | -10,207,000 | -923,000 | 4,782,000 | -1,692,000 | -2,197,000 | -1,353,000 | -11,398,000 | 5,302,000 | 1,118,932 | -285,492 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,530,000 | 6,469,000 | 47,474,000 | 41,429,000 | 11,833,000 | 11,511,000 | 39,887,000 | 46,662,000 | 17,841,000 | 14,490,000 | 13,033,000 | 3,600,834 | ||
| Intangible Assets | 33,522,000 | 31,485,000 | 32,074,000 | 13,658,000 | 11,801,000 | 7,414,146 | 3,063,502 | |||||||
| Investments & Other | 2,481,000 | 1,966,000 | 26,930,000 | |||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 6,530,000 | 6,469,000 | 47,474,000 | 41,429,000 | 45,355,000 | 42,996,000 | 39,887,000 | 46,662,000 | 49,915,000 | 28,148,000 | 24,834,000 | 11,014,980 | 3,063,502 | |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 94,000 | 133,000 | 204,000 | 345,000 | 134,000 | 72,000 | 90,000 | 984,000 | 619,000 | 578,366 | 441,172 | |||
| Group Debtors | 4,000 | 169,000 | 117,231 | |||||||||||
| Misc Debtors | 1,155,000 | 308,000 | 1,451,000 | 781,000 | 763,000 | 340,000 | 768,000 | 482,000 | 759,000 | 2,423,000 | 5,710,000 | 279,833 | ||
| Cash | 7,318,000 | 7,327,000 | 19,124,000 | 15,619,000 | 14,855,000 | 15,848,000 | 11,656,000 | 12,653,000 | 11,680,000 | 9,284,000 | 2,342,000 | 65,132 | ||
| misc current assets | 343,000 | 194,000 | 243,000 | |||||||||||
| total current assets | 8,567,000 | 7,768,000 | 20,779,000 | 16,745,000 | 15,752,000 | 16,188,000 | 12,767,000 | 13,207,000 | 12,723,000 | 12,938,000 | 8,840,000 | 1,040,562 | 441,172 | |
| total assets | 15,097,000 | 14,237,000 | 68,253,000 | 58,174,000 | 61,107,000 | 59,184,000 | 52,654,000 | 59,869,000 | 62,638,000 | 41,086,000 | 33,674,000 | 12,055,542 | 3,504,674 | |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 193,000 | 95,000 | 263,000 | 56,718,000 | 506,000 | 170,000 | 55,000 | 90,000 | 423,000 | 3,270,000 | 172,000 | 39,295 | 688,681 | |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 60,160,000 | 60,111,000 | 77,043,000 | 389,000 | 54,906,000 | 52,973,000 | 48,485,000 | 48,920,000 | 46,673,000 | 42,791,000 | 21,772,000 | 11,271,785 | 3,101,484 | |
| total current liabilities | 60,353,000 | 60,206,000 | 77,306,000 | 57,107,000 | 55,412,000 | 53,143,000 | 48,540,000 | 49,010,000 | 47,096,000 | 46,061,000 | 21,944,000 | 11,311,080 | 3,790,165 | |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 2,538,000 | 7,806,000 | 2,132,000 | 28,730,000 | 15,300,000 | 13,214,000 | 12,834,000 | 18,204,000 | 20,958,000 | 11,746,000 | 12,774,000 | 1,024,538 | ||
| total long term liabilities | 1,269,000 | 3,903,000 | 1,066,000 | 14,365,000 | 7,650,000 | 6,607,000 | 6,417,000 | 9,102,000 | 10,479,000 | 5,873,000 | 6,387,000 | 512,269 | ||
| total liabilities | 61,622,000 | 64,109,000 | 78,372,000 | 71,472,000 | 63,062,000 | 59,750,000 | 54,957,000 | 58,112,000 | 57,575,000 | 51,934,000 | 28,331,000 | 11,823,349 | 3,790,165 | |
| net assets | -46,525,000 | -49,872,000 | -10,119,000 | -13,298,000 | -1,955,000 | -566,000 | -2,303,000 | 1,757,000 | 5,063,000 | -10,848,000 | 5,343,000 | 232,193 | -285,491 | |
| total shareholders funds | -46,525,000 | -49,872,000 | -10,119,000 | -13,298,000 | -1,955,000 | -566,000 | -2,303,000 | 1,757,000 | 5,063,000 | -10,848,000 | 5,343,000 | 232,193 | -285,491 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 369,000 | -31,598,000 | 9,170,000 | -10,336,000 | -1,099,000 | 4,628,000 | -2,193,000 | -2,197,000 | -3,433,000 | -14,847,000 | 4,742,000 | 860,309 | -285,492 | |
| Depreciation | 481,000 | 285,000 | 160,000 | 129,000 | 176,000 | 154,000 | 501,000 | 2,080,000 | 3,449,000 | 560,000 | 258,623 | |||
| Amortisation | ||||||||||||||
| Tax | 3,235,000 | -8,132,000 | -4,783,000 | -425,000 | 310,000 | -2,385,000 | -1,259,000 | -607,000 | -35,000 | -680,000 | 480,000 | -307,950 | ||
| Stock | ||||||||||||||
| Debtors | 808,000 | -1,214,000 | 529,000 | 229,000 | 557,000 | -428,000 | 214,000 | -295,000 | -2,562,000 | -3,087,000 | 5,522,570 | 534,258 | 441,172 | |
| Creditors | 98,000 | -168,000 | -56,455,000 | 56,212,000 | 336,000 | 115,000 | -35,000 | -333,000 | -2,847,000 | 3,098,000 | 132,705 | -649,386 | 688,681 | |
| Accruals and Deferred Income | 49,000 | -16,932,000 | 76,654,000 | -54,517,000 | 1,933,000 | 4,488,000 | -435,000 | 2,247,000 | 3,882,000 | 21,019,000 | 10,500,215 | 8,170,301 | 3,101,484 | |
| Deferred Taxes & Provisions | -5,268,000 | 5,674,000 | -26,598,000 | 13,430,000 | 2,086,000 | 380,000 | -5,370,000 | -2,754,000 | 9,212,000 | -1,028,000 | 11,749,462 | 1,024,538 | ||
| Cash flow from operations | -1,844,000 | -49,657,000 | -2,381,000 | 4,264,000 | 3,185,000 | 7,808,000 | -9,005,000 | 11,421,000 | 14,098,000 | 22,641,812 | 8,822,177 | 3,063,501 | ||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 515,000 | 1,966,000 | -26,930,000 | 26,930,000 | ||||||||||
| cash flow from investments | ||||||||||||||
| 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 | ||||||||||||||
| interest | -257,000 | -23,000 | -1,208,000 | -582,000 | -600,000 | -506,000 | -608,000 | -502,000 | -621,000 | -664,000 | -111,000 | -34,675 | ||
| cash flow from financing | -257,000 | -23,000 | -1,208,000 | -582,000 | -600,000 | -506,000 | -608,000 | -502,000 | 19,379,000 | -664,000 | -111,193 | -34,675 | 1 | |
| cash and cash equivalents | ||||||||||||||
| cash | -9,000 | -11,797,000 | 3,505,000 | 764,000 | -993,000 | 4,192,000 | -997,000 | 973,000 | 2,396,000 | 6,942,000 | 2,276,868 | 65,132 | ||
| overdraft | ||||||||||||||
| change in cash | -9,000 | -11,797,000 | 3,505,000 | 764,000 | -993,000 | 4,192,000 | -997,000 | 973,000 | 2,396,000 | 6,942,000 | 2,276,868 | 65,132 |
parkmead (e&p) limited Credit Report and Business Information
Parkmead (e&p) Limited Competitor Analysis
Perform a competitor analysis for parkmead (e&p) limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other mid companies, companies in AB10 area or any other competitors across 12 key performance metrics.
parkmead (e&p) limited Ownership
PARKMEAD (E&P) LIMITED group structure
Parkmead (E&P) Limited has no subsidiary companies.
parkmead (e&p) limited directors
Parkmead (E&P) Limited currently has 2 directors. The longest serving directors include Mr Thomas Cross (Apr 2011) and Mr Andrew Smith (Jun 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Cross | 64 years | Apr 2011 | - | Director | |
| Mr Andrew Smith | Scotland | 40 years | Jun 2023 | - | Director |
P&L
June 2024turnover
5m
-64%
operating profit
369k
-101%
gross margin
63.1%
-27.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
-46.5m
-0.07%
total assets
15.1m
+0.06%
cash
7.3m
0%
net assets
Total assets minus all liabilities
parkmead (e&p) limited company details
company number
SC397002
Type
Private limited with Share Capital
industry
06100 - Extraction of crude petroleum
09100 - Support activities for petroleum and natural gas extraction
06200 - Extraction of natural gas
incorporation date
April 2011
age
14
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2024
previous names
N/A
accountant
-
auditor
GRAVITA AUDIT LIMITED
address
4 queen's terrace, aberdeen, AB10 1XL
Bank
-
Legal Advisor
-
parkmead (e&p) 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 parkmead (e&p) limited. Currently there are 0 open charges and 1 have been satisfied in the past.
parkmead (e&p) 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 PARKMEAD (E&P) LIMITED. This can take several minutes, an email will notify you when this has completed.
parkmead (e&p) limited Companies House Filings - See Documents
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