How much does Palis Global Limited make?

Palis Global Limited reported revenue of £6.8m and £1.8m profit in the year to 31 Aug 2023, according to its accounts filed at Companies House.

How many employees does Palis Global Limited have?

Palis Global Limited reported an average of 19 employees in the year to 31 Aug 2023.

Is Palis Global Limited profitable?

Yes — Palis Global Limited reported a profit of £1.8m in the year to 31 Aug 2023.

Company No. 11508334 · Incorporated 9 Aug 2018

Palis Global Limited

Registered name: PALIS GLOBAL LIMITED

Palis Global Limited made £6.8m revenue and £1.8m profit in the year to 31 Aug 2023.

Palis Global Limited’s revenue grew 61% to £6.8m in the year to 31 Aug 2023, with £1.8m profit and 19 employees. The company is classified under “wholesale of other intermediate products” and is based in Cardiff; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46760Wholesale of other intermediate products SIC 82990Other business support service activities n.e.c.

Status: Active
Location: Cardiff, Wales
Age: 8 yrs · since 2018
Type: Private Limited Company

Latest accounts · year to 31 Aug 2023

Key figures

IndependentOperating leverage

Revenue

£6.8m

Growth ▲61.1%

Profit

£1.8m

Growth ▲67.3%

Profit margin

27%

Gross 49.1%

Employees

Change ▲35.7%

Profit / employee

£96.5k

Revenue/employee £358k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Aug 2022	31 Aug 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£4.2m	£6.8m
Cost of sales	£2.3m	£3.5m
Gross profit	£1.9m	£3.3m
Operating profit	£1.3m	£2.3m
Profit before tax	£1.3m	£2.3m
Profit after tax	£1.1m	£1.8m
Profit (best available)	£1.1m	£1.8m
Employees (average)	14	19
Ratios
Profit margin	26%	27%
Gross margin	44.9%	49.1%
Revenue per employee	£301k	£358k
Profit per employee	£78.2k	£96.5k
Growth (year on year)
Revenue growth	—	▲61.1%
Profit growth	—	▲67.3%
Headcount growth	—	▲35.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£341k	£848k
Net assets	£3.2m	£5.1m
Fixed assets	£1.3m	£2m
Current assets	£2.3m	£3.7m
Debtors	£1.3m	£1.6m
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024

Derived from the latest filing

How the business works

Profit margin: 27%; Profit ÷ revenue.
Gross margin: 49.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £358k; Revenue ÷ average employees.
Profit per employee: £96.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 29.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 23.1%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲56%; Now £5.1m
Cash at bank: ▲149%; Now £848k
Headcount: ▲36%; Now 19
Deferred income: —; Now —
Fixed assets: ▲58%; Now £2m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Aug 2023 (profit £1.8m), from the Companies House accounts bulk data published Jan 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.