PERFORMANCE COMPOSITES MEDITERRANEEN : revenue, balance sheet and financial ratios

PERFORMANCE COMPOSITES MEDITERRANEEN is a French company founded 21 years ago, specialized in the sector Fabrication de pièces techniques à base de matières plastiques. Based in TAVACO (20167), this company of category PME shows in 2023 a revenue of 4.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - PERFORMANCE COMPOSITES MEDITERRANEEN (SIREN 480993740)
Indicator 2024 2023 2022 2021 2020 2019 2018
Revenue N/C 4 019 262 € N/C 2 472 947 € 2 730 287 € 4 987 839 € N/C
Net income -293 877 € 806 444 € -213 632 € -537 350 € -417 579 € 103 491 € 155 042 €
EBITDA N/C -7 614 € N/C -340 524 € -300 256 € 322 452 € N/C
Net margin N/C 20.1% N/C -21.7% -15.3% 2.1% N/C

Revenue and income statement

In 2024, PERFORMANCE COMPOSITES MEDITERRANEEN records a net loss of 294 k€. This deficit will reduce equity on the balance sheet.

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-293 877 €

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 285%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 17%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

284.571%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

16.505%

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

18.7%

Solvency indicators evolution
PERFORMANCE COMPOSITES MEDITERRANEEN

Sector positioning

Debt ratio
284.57 2024
2022
2023
2024
Q1: 7.54
Med: 27.74
Q3: 63.65
Watch

In 2024, the debt ratio of PERFORMANCE COMPOSITES ME... (284.57) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
16.5% 2024
2022
2023
2024
Q1: 30.63%
Med: 49.0%
Q3: 65.86%
Watch

In 2024, the financial autonomy of PERFORMANCE COMPOSITES ME... (16.5%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-58.08 years 2023
2023
Q1: 0.0 years
Med: 1.09 years
Q3: 2.9 years
Excellent

In 2023, the repayment capacity of PERFORMANCE COMPOSITES ME... (-58.08) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 163.39. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

163.392

Liquidity indicators evolution
PERFORMANCE COMPOSITES MEDITERRANEEN

Sector positioning

Liquidity ratio
163.39 2024
2022
2023
2024
Q1: 173.28
Med: 264.79
Q3: 378.42
Watch

In 2024, the liquidity ratio of PERFORMANCE COMPOSITES ME... (163.39) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-186.28x 2023
2023
Q1: 0.0x
Med: 2.21x
Q3: 7.71x
Watch

In 2023, the interest coverage of PERFORMANCE COMPOSITES ME... (-186.3x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

0 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

0 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

0 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR and payment terms evolution
PERFORMANCE COMPOSITES MEDITERRANEEN

Positioning of PERFORMANCE COMPOSITES MEDITERRANEEN in its sector

Comparison with sector Fabrication de pièces techniques à base de matières plastiques

Similar companies (Fabrication de pièces techniques à base de matières plastiques)

Compare PERFORMANCE COMPOSITES MEDITERRANEEN with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de pièces techniques à base de matières plastiques

Frequently asked questions about PERFORMANCE COMPOSITES MEDITERRANEEN

What is the revenue of PERFORMANCE COMPOSITES MEDITERRANEEN ?

The revenue of PERFORMANCE COMPOSITES MEDITERRANEEN in 2023 is 4.0 M€.

Is PERFORMANCE COMPOSITES MEDITERRANEEN profitable?

PERFORMANCE COMPOSITES MEDITERRANEEN recorded a net loss in 2024.

Where is the headquarters of PERFORMANCE COMPOSITES MEDITERRANEEN ?

The headquarters of PERFORMANCE COMPOSITES MEDITERRANEEN is located in TAVACO (20167).

Where to find the tax return of PERFORMANCE COMPOSITES MEDITERRANEEN ?

The tax return of PERFORMANCE COMPOSITES MEDITERRANEEN is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does PERFORMANCE COMPOSITES MEDITERRANEEN operate?

PERFORMANCE COMPOSITES MEDITERRANEEN operates in the sector Fabrication de pièces techniques à base de matières plastiques (NAF code 22.29A). See the 'Sector positioning' section above to compare the company with its competitors.