prilex limited
prilex limited Company Information
Company Number
01629272
Next Accounts
May 2025
Shareholders
nigel colebrook
Group Structure
View All
Industry
Manufacture of other technical and industrial textiles
Registered Address
prilex limited adams close, heanor gate industrial estate, heanor, derbyshire, DE75 7SW
Website
www.prilex.co.ukprilex limited Estimated Valuation
Pomanda estimates the enterprise value of PRILEX LIMITED at £133.6k based on a Turnover of £670.8k and 0.2x industry multiple (adjusted for size and gross margin).
prilex limited Estimated Valuation
Pomanda estimates the enterprise value of PRILEX LIMITED at £0 based on an EBITDA of £-18.8k and a 4.18x industry multiple (adjusted for size and gross margin).
prilex limited Estimated Valuation
Pomanda estimates the enterprise value of PRILEX LIMITED at £295.1k based on Net Assets of £187.3k and 1.58x industry multiple (adjusted for liquidity).
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Prilex Limited Overview
Prilex Limited is a live company located in heanor, DE75 7SW with a Companies House number of 01629272. It operates in the manufacture of other technical and industrial textiles sector, SIC Code 13960. Founded in April 1982, it's largest shareholder is nigel colebrook with a 100% stake. Prilex Limited is a mature, small sized company, Pomanda has estimated its turnover at £670.8k with low growth in recent years.
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Prilex Limited Health Check
Pomanda's financial health check has awarded Prilex Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
5 Regular
6 Weak
Size
annual sales of £670.8k, make it smaller than the average company (£12.6m)
- Prilex Limited
£12.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (4.4%)
- Prilex Limited
4.4% - Industry AVG
Production
with a gross margin of 29.3%, this company has a comparable cost of product (29.3%)
- Prilex Limited
29.3% - Industry AVG
Profitability
an operating margin of -3.1% make it less profitable than the average company (5.1%)
- Prilex Limited
5.1% - Industry AVG
Employees
with 7 employees, this is below the industry average (91)
7 - Prilex Limited
91 - Industry AVG
Pay Structure
on an average salary of £37.6k, the company has an equivalent pay structure (£37.6k)
- Prilex Limited
£37.6k - Industry AVG
Efficiency
resulting in sales per employee of £95.8k, this is less efficient (£137.7k)
- Prilex Limited
£137.7k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is near the average (58 days)
- Prilex Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 70 days, this is slower than average (47 days)
- Prilex Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 92 days, this is in line with average (90 days)
- Prilex Limited
90 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is average cash available to meet short term requirements (15 weeks)
15 weeks - Prilex Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40%, this is a higher level of debt than the average (34.4%)
40% - Prilex Limited
34.4% - Industry AVG
PRILEX LIMITED financials
Prilex Limited's latest turnover from August 2023 is estimated at £670.8 thousand and the company has net assets of £187.3 thousand. According to their latest financial statements, Prilex Limited has 7 employees and maintains cash reserves of £37.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,904 | 8,790 | 10,083 | 12,888 | 16,213 | 13,802 | 5,184 | 8,120 | 10,824 | 13,998 | 17,241 | 16,198 | 13,344 | 13,358 | 5,913 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 6,904 | 8,790 | 10,083 | 12,888 | 16,213 | 13,802 | 5,184 | 8,120 | 10,824 | 13,998 | 17,241 | 16,198 | 13,344 | 13,358 | 5,913 |
| Stock & work in progress | 119,791 | 129,714 | 88,661 | 83,498 | 115,298 | 87,942 | 76,556 | 83,903 | 107,756 | 84,307 | 85,396 | 71,655 | 48,282 | 57,879 | 39,397 |
| Trade Debtors | 122,776 | 107,554 | 68,278 | 120,850 | 183,718 | 165,552 | 306,572 | 189,922 | 187,585 | 205,537 | 242,021 | 206,191 | 313,243 | 191,788 | 109,160 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 25,380 | 25,875 | 29,119 | 27,330 | 29,041 | 27,503 | 27,429 | 19,412 | |||||||
| Cash | 37,338 | 18,447 | 154,502 | 81,747 | 94,097 | 167,074 | 41,588 | 14,654 | 2,322 | 10,704 | 8,405 | 28,449 | 3,607 | 1,599 | |
| misc current assets | |||||||||||||||
| total current assets | 305,285 | 281,590 | 340,560 | 313,425 | 422,154 | 448,071 | 452,145 | 307,891 | 297,663 | 300,548 | 335,822 | 306,295 | 365,132 | 249,667 | 150,156 |
| total assets | 312,189 | 290,380 | 350,643 | 326,313 | 438,367 | 461,873 | 457,329 | 316,011 | 308,487 | 314,546 | 353,063 | 322,493 | 378,476 | 263,025 | 156,069 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 91,154 | 53,036 | 93,080 | 34,190 | 132,827 | 114,854 | 157,249 | 122,904 | 182,244 | 179,209 | 214,914 | 199,581 | 277,163 | 195,321 | 123,772 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 2,166 | 2,317 | 3,618 | 3,948 | 3,948 | ||||||||||
| other current liabilities | 32,006 | 29,073 | 25,214 | 47,130 | 35,268 | 50,343 | 63,672 | 35,814 | |||||||
| total current liabilities | 123,160 | 82,109 | 118,294 | 81,320 | 168,095 | 165,197 | 220,921 | 158,718 | 182,244 | 181,375 | 217,231 | 203,199 | 281,111 | 199,269 | 123,772 |
| loans | |||||||||||||||
| hp & lease commitments | 3,619 | 7,568 | |||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 2,167 | ||||||||||||||
| provisions | 1,682 | 1,670 | 1,916 | 2,449 | 3,080 | 2,622 | 1,037 | 1,624 | 2,165 | 2,587 | 3,246 | ||||
| total long term liabilities | 1,682 | 1,670 | 1,916 | 2,449 | 3,080 | 2,622 | 1,037 | 1,624 | 2,165 | 2,587 | 5,413 | 3,619 | 7,568 | ||
| total liabilities | 124,842 | 83,779 | 120,210 | 83,769 | 171,175 | 167,819 | 221,958 | 160,342 | 184,409 | 183,962 | 222,644 | 203,199 | 284,730 | 206,837 | 123,772 |
| net assets | 187,347 | 206,601 | 230,433 | 242,544 | 267,192 | 294,054 | 235,371 | 155,669 | 124,078 | 130,584 | 130,419 | 119,294 | 93,746 | 56,188 | 32,297 |
| total shareholders funds | 187,347 | 206,601 | 230,433 | 242,544 | 267,192 | 294,054 | 235,371 | 155,669 | 124,078 | 130,584 | 130,419 | 119,294 | 93,746 | 56,188 | 32,297 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 1,886 | 2,410 | 2,805 | 3,600 | 4,556 | 3,542 | 2,286 | 3,803 | 4,274 | 4,781 | 5,457 | 4,934 | 5,773 | 5,400 | 2,189 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -9,923 | 41,053 | 5,163 | -31,800 | 27,356 | 11,386 | -7,347 | -23,853 | 23,449 | -1,089 | 13,741 | 23,373 | -9,597 | 18,482 | 39,397 |
| Debtors | 14,727 | 36,032 | -50,783 | -64,579 | 19,704 | -140,946 | 124,667 | 21,749 | -17,952 | -36,484 | 35,830 | -107,052 | 121,455 | 82,628 | 109,160 |
| Creditors | 38,118 | -40,044 | 58,890 | -98,637 | 17,973 | -42,395 | 34,345 | -59,340 | 3,035 | -35,705 | 15,333 | -77,582 | 81,842 | 71,549 | 123,772 |
| Accruals and Deferred Income | 2,933 | 3,859 | -21,916 | 11,862 | -15,075 | -13,329 | 27,858 | 35,814 | |||||||
| Deferred Taxes & Provisions | 12 | -246 | -533 | -631 | 458 | 1,585 | -587 | -541 | -422 | -659 | 3,246 | ||||
| Cash flow from operations | |||||||||||||||
| 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 | |||||||||||||||
| Hire Purchase and Lease Commitments | -2,166 | -151 | -1,301 | -3,949 | -3,949 | 11,516 | |||||||||
| other long term liabilities | -2,167 | 2,167 | |||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 18,891 | -136,055 | 72,755 | -12,350 | -72,977 | 125,486 | 26,934 | 12,332 | -8,382 | 2,299 | -20,044 | 24,842 | 3,607 | -1,599 | 1,599 |
| overdraft | |||||||||||||||
| change in cash | 18,891 | -136,055 | 72,755 | -12,350 | -72,977 | 125,486 | 26,934 | 12,332 | -8,382 | 2,299 | -20,044 | 24,842 | 3,607 | -1,599 | 1,599 |
prilex limited Credit Report and Business Information
Prilex Limited Competitor Analysis
Perform a competitor analysis for prilex limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in DE75 area or any other competitors across 12 key performance metrics.
prilex limited Ownership
PRILEX LIMITED group structure
Prilex Limited has no subsidiary companies.
Ultimate parent company
PRILEX LIMITED
01629272
prilex limited directors
Prilex Limited currently has 4 directors. The longest serving directors include Mr David Colebrook (May 1991) and Mr Nigel Colebrook (Oct 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Colebrook | 83 years | May 1991 | - | Director | |
| Mr Nigel Colebrook | 58 years | Oct 2006 | - | Director | |
| Mrs Andrea Colebrook | England | 55 years | Apr 2013 | - | Director |
| Mr Richard Hollis | England | 48 years | Feb 2024 | - | Director |
P&L
August 2023turnover
670.8k
+20%
operating profit
-20.7k
0%
gross margin
29.3%
+15.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
187.3k
-0.09%
total assets
312.2k
+0.08%
cash
37.3k
+1.02%
net assets
Total assets minus all liabilities
prilex limited company details
company number
01629272
Type
Private limited with Share Capital
industry
13960 - Manufacture of other technical and industrial textiles
incorporation date
April 1982
age
43
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
HAINES WATTS
auditor
-
address
prilex limited adams close, heanor gate industrial estate, heanor, derbyshire, DE75 7SW
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
prilex 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 prilex limited. Currently there are 1 open charges and 0 have been satisfied in the past.
prilex 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 PRILEX LIMITED. This can take several minutes, an email will notify you when this has completed.
prilex limited Companies House Filings - See Documents
| date | description | view/download |
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