palazzo buildworks limited

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palazzo buildworks limited Company Information

Share PALAZZO BUILDWORKS LIMITED

Company Number

SC402908

Shareholders

eric palazzo

giancarlo palazzo

Group Structure

View All

Industry

Other building completion and finishing

 

Registered Address

11 clyde street, carluke, ML8 5BA

palazzo buildworks limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of PALAZZO BUILDWORKS LIMITED at £1.4m based on a Turnover of £3.9m and 0.36x industry multiple (adjusted for size and gross margin).

palazzo buildworks limited Estimated Valuation

£675.6k

Pomanda estimates the enterprise value of PALAZZO BUILDWORKS LIMITED at £675.6k based on an EBITDA of £172k and a 3.93x industry multiple (adjusted for size and gross margin).

palazzo buildworks limited Estimated Valuation

£881.3k

Pomanda estimates the enterprise value of PALAZZO BUILDWORKS LIMITED at £881.3k based on Net Assets of £365.4k and 2.41x industry multiple (adjusted for liquidity).

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Palazzo Buildworks Limited Overview

Palazzo Buildworks Limited is a live company located in carluke, ML8 5BA with a Companies House number of SC402908. It operates in the other building completion and finishing sector, SIC Code 43390. Founded in July 2011, it's largest shareholder is eric palazzo with a 50% stake. Palazzo Buildworks Limited is a established, small sized company, Pomanda has estimated its turnover at £3.9m with rapid growth in recent years.

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Palazzo Buildworks Limited Health Check

Pomanda's financial health check has awarded Palazzo Buildworks Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £3.9m, make it larger than the average company (£286.2k)

£3.9m - Palazzo Buildworks Limited

£286.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (13.8%)

30% - Palazzo Buildworks Limited

13.8% - Industry AVG

production

Production

with a gross margin of 24.2%, this company has a comparable cost of product (24.2%)

24.2% - Palazzo Buildworks Limited

24.2% - Industry AVG

profitability

Profitability

an operating margin of 3.9% make it less profitable than the average company (5%)

3.9% - Palazzo Buildworks Limited

5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (3)

2 - Palazzo Buildworks Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)

£41.5k - Palazzo Buildworks Limited

£41.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2m, this is more efficient (£131.3k)

£2m - Palazzo Buildworks Limited

£131.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Palazzo Buildworks Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Palazzo Buildworks Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 61 days, this is more than average (12 days)

61 days - Palazzo Buildworks Limited

12 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 38 weeks, this is more cash available to meet short term requirements (23 weeks)

38 weeks - Palazzo Buildworks Limited

23 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 65.4%, this is a similar level of debt than the average (72%)

65.4% - Palazzo Buildworks Limited

72% - Industry AVG

PALAZZO BUILDWORKS LIMITED financials

EXPORTms excel logo

Palazzo Buildworks Limited's latest turnover from August 2024 is estimated at £3.9 million and the company has net assets of £365.4 thousand. According to their latest financial statements, Palazzo Buildworks Limited has 2 employees and maintains cash reserves of £508.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Mar 2015Mar 2014Mar 2013Mar 2012
Turnover3,943,4084,306,738136,4621,777,6067,493,973941,395698,65217,30299,809103,41531,93155,423
Other Income Or Grants
Cost Of Sales2,987,4463,191,795102,0821,292,9285,189,608661,444483,23912,09366,41470,92122,55738,790
Gross Profit955,9621,114,94334,380484,6792,304,366279,951215,4135,20933,39532,4939,37316,633
Admin Expenses803,9771,069,091-388,503473,2562,273,562273,328219,02195,19026,44733,57813,69016,800
Operating Profit151,98545,852422,88311,42330,8046,623-3,608-9196,948-1,085-4,317-167
Interest Payable73,37075,03848,32131,87325,18618,5886,413
Interest Receivable30,30842,5718,2763444240739264817219
Pre-Tax Profit108,92313,385382,838-20,4155,663-11,725-9,947456,996-1,068-4,296-158
Tax-27,231-3,346-72,739-1,076-9-1,469
Profit After Tax81,69210,039310,099-20,4154,587-11,725-9,947365,527-1,068-4,296-158
Dividends Paid
Retained Profit81,69210,039310,099-20,4154,587-11,725-9,947365,527-1,068-4,296-158
Employee Costs82,9391,026,23567,294515,1852,043,567237,730169,54137,95337,96136,01033,35231,545
Number Of Employees233216637511111
EBITDA*172,01556,423432,94812,30131,6816,623-3,608-9196,948175-4,317-167

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Mar 2015Mar 2014Mar 2013Mar 2012
Tangible Assets38,87119,89528,4444,0944,9723,7805,040
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets38,87119,89528,4444,0944,9723,7805,040
Stock & work in progress500,000240,00040,000513,847406,330285,996172,9481,130
Trade Debtors1,0949,3806205,750
Group Debtors
Misc Debtors7,3603,93322,1106,6044,22812,1754,6831,095
Cash508,293704,022917,72028,11940,19748,23015,7723,7463,74617,2341,8895,1083,405
misc current assets
total current assets1,015,653947,955979,830548,570450,755346,401193,4034,8414,84017,23411,2695,72810,285
total assets1,054,524967,8501,008,274552,664455,727346,401193,4034,8414,84017,23415,04910,76810,285
Bank overdraft
Bank loan
Trade Creditors 2531,1164028,6323,79916,22918,6969,3229,443
Group/Directors Accounts3,26711,6398,8597,0085,8604,9772,721
other short term finances667,000667,000667,000580,000465,000360,757190,000
hp & lease commitments
other current liabilities18,8865,53258,5229999118969563,800
total current liabilities689,153684,171734,634589,123471,771367,032202,3093,8003,79916,22918,6969,3229,443
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities8754,900
provisions
total long term liabilities8754,900
total liabilities689,153684,171734,634589,123471,771367,032202,3093,8003,79916,22919,57114,2229,443
net assets365,371283,679273,640-36,459-16,044-20,631-8,9061,0411,0411,005-4,522-3,454842
total shareholders funds365,371283,679273,640-36,459-16,044-20,631-8,9061,0411,0411,005-4,522-3,454842
Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Mar 2015Mar 2014Mar 2013Mar 2012
Operating Activities
Operating Profit151,98545,852422,88311,42330,8046,623-3,608-9196,948-1,085-4,317-167
Depreciation20,03010,57110,0658788771,260
Amortisation
Tax-27,231-3,346-72,739-1,076-9-1,469
Stock260,000200,000-473,847107,517120,334113,048172,948-1,1301,130
Debtors3,427-18,17715,5062,376-7,9477,4923,58811,094-9,3808,760-5,1305,750
Creditors-253-8631,116-402-8,2308,632-3,799-12,430-2,4679,374-1219,443
Accruals and Deferred Income13,354-52,99057,5238815-60-2,8443,800
Deferred Taxes & Provisions
Cash flow from operations-105,289-181,989875,210-96,388-82,169-122,207-174,356-9-13,51412,3927891,8222,396
Investing Activities
capital expenditure-39,006-2,022-34,415-5,8493,780-5,040
Change in Investments
cash flow from investments-39,006-2,022-34,415-5,8493,780-5,040
Financing Activities
Bank loans
Group/Directors Accounts-8,3722,7801,8511,1488832,2562,721
Other Short Term Loans 87,000115,000104,243170,757190,000
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-875-4,0254,900
share issue1,000
interest-43,062-32,467-40,045-31,839-25,142-18,348-6,3409264817219
cash flow from financing-51,434-29,68748,80684,30979,984154,665186,381926-827-4,0084,9211,009
cash and cash equivalents
cash-195,729-213,698889,601-12,078-8,03332,45812,026-13,48815,345-3,2191,7033,405
overdraft
change in cash-195,729-213,698889,601-12,078-8,03332,45812,026-13,48815,345-3,2191,7033,405

palazzo buildworks limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Palazzo Buildworks Limited Competitor Analysis

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Perform a competitor analysis for palazzo buildworks limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in ML8 area or any other competitors across 12 key performance metrics.

palazzo buildworks limited Ownership

PALAZZO BUILDWORKS LIMITED group structure

Palazzo Buildworks Limited has no subsidiary companies.

Ultimate parent company

PALAZZO BUILDWORKS LIMITED

SC402908

PALAZZO BUILDWORKS LIMITED Shareholders

eric palazzo 50%
giancarlo palazzo 50%

palazzo buildworks limited directors

Palazzo Buildworks Limited currently has 2 directors. The longest serving directors include Mr Eric Palazzo (Jul 2011) and Mr Giancarlo Palazzo (Jul 2011).

officercountryagestartendrole
Mr Eric PalazzoUnited Kingdom72 years Jul 2011- Director
Mr Giancarlo PalazzoUnited Kingdom45 years Jul 2011- Director

P&L

August 2024

turnover

3.9m

-8%

operating profit

152k

0%

gross margin

24.3%

-6.36%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

August 2024

net assets

365.4k

+0.29%

total assets

1.1m

+0.09%

cash

508.3k

-0.28%

net assets

Total assets minus all liabilities

palazzo buildworks limited company details

company number

SC402908

Type

Private limited with Share Capital

industry

43390 - Other building completion and finishing

incorporation date

July 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

August 2024

previous names

N/A

accountant

G O THOMSON & CO

auditor

-

address

11 clyde street, carluke, ML8 5BA

Bank

-

Legal Advisor

-

palazzo buildworks 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 palazzo buildworks limited.

palazzo buildworks 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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palazzo buildworks limited Companies House Filings - See Documents

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