priest & co ltd
priest & co ltd Company Information
Company Number
01682825
Next Accounts
Apr 2025
Shareholders
jeremy andrew priest
lovat management ltd
View AllGroup Structure
View All
Industry
Non-life insurance
Registered Address
31st floor 40 bank street, london, E14 5NR
Website
-priest & co ltd Estimated Valuation
Pomanda estimates the enterprise value of PRIEST & CO LTD at £1.1m based on a Turnover of £2.1m and 0.53x industry multiple (adjusted for size and gross margin).
priest & co ltd Estimated Valuation
Pomanda estimates the enterprise value of PRIEST & CO LTD at £0 based on an EBITDA of £-510 and a 5.86x industry multiple (adjusted for size and gross margin).
priest & co ltd Estimated Valuation
Pomanda estimates the enterprise value of PRIEST & CO LTD at £764k based on Net Assets of £466.4k and 1.64x industry multiple (adjusted for liquidity).
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Priest & Co Ltd Overview
Priest & Co Ltd is a dissolved company that was located in london, E14 5NR with a Companies House number of 01682825. It operated in the non-life insurance sector, SIC Code 65120. Founded in November 1982, it's largest shareholder was jeremy andrew priest with a 52.2% stake. The last turnover for Priest & Co Ltd was estimated at £2.1m.
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Priest & Co Ltd Health Check
Pomanda's financial health check has awarded Priest & Co Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £2.1m, make it larger than the average company (£1.5m)
£2.1m - Priest & Co Ltd
£1.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Priest & Co Ltd
- - Industry AVG
Production
with a gross margin of 76.8%, this company has a comparable cost of product (76.8%)
76.8% - Priest & Co Ltd
76.8% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (12.6%)
-0.3% - Priest & Co Ltd
12.6% - Industry AVG
Employees
with 19 employees, this is below the industry average (45)
19 - Priest & Co Ltd
45 - Industry AVG
Pay Structure
on an average salary of £53.8k, the company has an equivalent pay structure (£47.5k)
£53.8k - Priest & Co Ltd
£47.5k - Industry AVG
Efficiency
resulting in sales per employee of £111.4k, this is equally as efficient (£114.6k)
£111.4k - Priest & Co Ltd
£114.6k - Industry AVG
Debtor Days
it gets paid by customers after 1174 days, this is later than average (179 days)
1174 days - Priest & Co Ltd
179 days - Industry AVG
Creditor Days
its suppliers are paid after 4500 days, this is slower than average (318 days)
4500 days - Priest & Co Ltd
318 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Priest & Co Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (21 weeks)
3 weeks - Priest & Co Ltd
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.7%, this is a higher level of debt than the average (84.9%)
93.7% - Priest & Co Ltd
84.9% - Industry AVG
PRIEST & CO LTD financials
Priest & Co Ltd's latest turnover from June 2012 is £2.1 million and the company has net assets of £466.4 thousand. According to their latest financial statements, Priest & Co Ltd has 19 employees and maintains cash reserves of £420.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|
| Turnover | 2,115,875 | 3,214,800 | 3,837,324 |
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | -6,875 | -62,019 | 253,471 |
| Interest Payable | 1,007 | 1,386 | 160 |
| Interest Receivable | 25 | 3 | |
| Pre-Tax Profit | -7,882 | -63,380 | 253,314 |
| Tax | -2,729 | 1,096 | -84,245 |
| Profit After Tax | -10,611 | -62,284 | 169,069 |
| Dividends Paid | |||
| Retained Profit | -10,611 | -62,284 | 169,069 |
| Employee Costs | 1,021,859 | 2,041,854 | 2,381,628 |
| Number Of Employees | 19 | 28 | 33 |
| EBITDA* | -510 | -54,325 | 257,603 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|
| Tangible Assets | 13,391 | 18,796 | 20,031 |
| Intangible Assets | |||
| Investments & Other | 3,623 | 3,623 | 3,623 |
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 17,014 | 22,419 | 23,654 |
| Stock & work in progress | |||
| Trade Debtors | 6,809,604 | 7,645,207 | 10,329,141 |
| Group Debtors | |||
| Misc Debtors | 202,657 | 256,562 | 203,331 |
| Cash | 420,236 | 763,647 | 1,495,990 |
| misc current assets | |||
| total current assets | 7,432,497 | 8,665,416 | 12,028,462 |
| total assets | 7,449,511 | 8,687,835 | 12,052,116 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 6,044,061 | 8,057,347 | 11,299,979 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 937,180 | 150,722 | 208,991 |
| total current liabilities | 6,981,241 | 8,208,069 | 11,508,970 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | 1,870 | 2,755 | 3,851 |
| total long term liabilities | 1,870 | 2,755 | 3,851 |
| total liabilities | 6,983,111 | 8,210,824 | 11,512,821 |
| net assets | 466,400 | 477,011 | 539,295 |
| total shareholders funds | 466,400 | 477,011 | 539,295 |
| Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | -6,875 | -62,019 | 253,471 |
| Depreciation | 6,365 | 7,694 | 4,132 |
| Amortisation | |||
| Tax | -2,729 | 1,096 | -84,245 |
| Stock | |||
| Debtors | -889,508 | -2,630,703 | 10,532,472 |
| Creditors | -2,013,286 | -3,242,632 | 11,299,979 |
| Accruals and Deferred Income | 786,458 | -58,269 | 208,991 |
| Deferred Taxes & Provisions | -885 | -1,096 | 3,851 |
| Cash flow from operations | -341,444 | -724,523 | 1,153,707 |
| Investing Activities | |||
| capital expenditure | -960 | -6,459 | -8,662 |
| Change in Investments | 3,623 | ||
| cash flow from investments | -960 | -6,459 | -12,285 |
| 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 | -1,007 | -1,361 | -157 |
| cash flow from financing | -1,007 | -1,361 | 370,069 |
| cash and cash equivalents | |||
| cash | -343,411 | -732,343 | 1,495,990 |
| overdraft | |||
| change in cash | -343,411 | -732,343 | 1,495,990 |
priest & co ltd Credit Report and Business Information
Priest & Co Ltd Competitor Analysis
Perform a competitor analysis for priest & co ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in E14 area or any other competitors across 12 key performance metrics.
priest & co ltd Ownership
PRIEST & CO LTD group structure
Priest & Co Ltd has no subsidiary companies.
priest & co ltd directors
Priest & Co Ltd currently has 4 directors. The longest serving directors include Mr Peter Ellis (Jul 2006) and Mr Frank Lock (Jul 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Ellis | United Kingdom | 57 years | Jul 2006 | - | Director |
| Mr Frank Lock | United Kingdom | 70 years | Jul 2006 | - | Director |
| Mr William Lock | United Kingdom | 77 years | Jul 2006 | - | Director |
| Mr Jeremy Priest | 76 years | Jul 2006 | - | Director |
P&L
June 2012turnover
2.1m
-34%
operating profit
-6.9k
-89%
gross margin
76.9%
+6.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2012net assets
466.4k
-0.02%
total assets
7.4m
-0.14%
cash
420.2k
-0.45%
net assets
Total assets minus all liabilities
priest & co ltd company details
company number
01682825
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
November 1982
age
43
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2012
previous names
plattosk limited (June 1984)
accountant
-
auditor
-
address
31st floor 40 bank street, london, E14 5NR
Bank
-
Legal Advisor
-
priest & co ltd 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 3 charges/mortgages relating to priest & co ltd. Currently there are 1 open charges and 2 have been satisfied in the past.
priest & co ltd 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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priest & co ltd Companies House Filings - See Documents
| date | description | view/download |
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