Pomanda estimates the enterprise value of PRIMA SOLUTIONS LIMITED at £4.4m based on a Turnover of £5.7m and 0.77x industry multiple (adjusted for size and gross margin).
prima solutions limitedEstimated Valuation
£2.9m
Pomanda estimates the enterprise value of PRIMA SOLUTIONS LIMITED at £2.9m based on an EBITDA of £614.2k and a 4.7x industry multiple (adjusted for size and gross margin).
prima solutions limitedEstimated Valuation
£11.6m
Pomanda estimates the enterprise value of PRIMA SOLUTIONS LIMITED at £11.6m based on Net Assets of £4.9m and 2.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Prima Solutions LimitedOverview
Prima Solutions Limited is a live company located in fradley park, WS13 8RZ with a Companies House number of 02576695. It operates in the business and domestic software development sector, SIC Code 62012. Founded in January 1991, it's largest shareholder is
csb meridian limited
with a 100% stake. Prima Solutions Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£5.7m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Prima Solutions Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
3 Strong
3 Regular
4 Weak
Size
annual sales of £5.7m, make it larger than the average company (£4.6m)
£5.7m - Prima Solutions Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a slower rate (10.2%)
8% - Prima Solutions Limited
10.2% - Industry AVG
Production
with a gross margin of 42.4%, this company has a higher cost of product (72%)
42.4% - Prima Solutions Limited
72% - Industry AVG
Profitability
an operating margin of 10.4% make it more profitable than the average company (3.4%)
10.4% - Prima Solutions Limited
3.4% - Industry AVG
Employees
with 47 employees, this is similar to the industry average (42)
47 - Prima Solutions Limited
42 - Industry AVG
Pay Structure
on an average salary of £71.7k, the company has an equivalent pay structure (£71.7k)
£71.7k - Prima Solutions Limited
£71.7k - Industry AVG
Efficiency
resulting in sales per employee of £121.3k, this is equally as efficient (£122.3k)
£121.3k - Prima Solutions Limited
£122.3k - Industry AVG
Debtor Days
it gets paid by customers after 146 days, this is later than average (58 days)
146 days - Prima Solutions Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (41 days)
4 days - Prima Solutions Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Prima Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Prima Solutions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.7%, this is a lower level of debt than the average (63.1%)
43.7% - Prima Solutions Limited
63.1% - Industry AVG
PRIMA SOLUTIONS LIMITED financials
EXPORT
Prima Solutions Limited's latest turnover from December 2023 is estimated at £5.7 million and the company has net assets of £4.9 million. According to their latest financial statements, Prima Solutions Limited has 47 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
5,702,187
3,727,125
2,546,459
4,555,187
4,538,027
5,141,154
5,790,865
5,172,063
5,452,514
5,207,569
4,749,988
4,364,572
4,180,446
3,683,460
3,503,602
Other Income Or Grants
Cost Of Sales
3,284,948
2,151,778
1,439,295
2,201,278
2,453,487
2,484,808
2,768,267
2,608,233
2,544,061
2,450,900
2,271,919
2,028,499
1,969,762
1,857,173
1,727,560
Gross Profit
2,417,239
1,575,347
1,107,165
2,353,909
2,084,540
2,656,346
3,022,598
2,563,830
2,908,453
2,756,669
2,478,069
2,336,073
2,210,684
1,826,287
1,776,042
Admin Expenses
1,822,172
-1,051,376
-853,781
1,010,193
1,687,783
1,699,532
1,854,434
1,821,708
1,907,390
1,827,882
1,615,322
1,537,819
1,512,496
1,272,723
1,269,050
Operating Profit
595,067
2,626,723
1,960,946
1,343,716
396,757
956,814
1,168,164
742,122
1,001,063
928,787
862,747
798,254
698,188
553,564
506,992
Interest Payable
1,801
1,547
1,255
8,454
Interest Receivable
248
47,203
36,570
982
3,022
3,279
200
2,272
4,626
5,061
4,184
1,589
1,565
3,212
Pre-Tax Profit
595,315
2,673,926
1,997,516
1,344,698
399,779
960,093
1,168,364
744,394
1,005,689
933,848
866,931
798,042
698,206
555,521
498,538
Tax
-148,829
-508,046
-379,528
-199,103
48,984
-19,457
-52,086
8,436
-37,802
-31,059
-16,421
-12,816
-83,510
-50,794
7,290
Profit After Tax
446,486
2,165,880
1,617,988
1,145,595
448,763
940,636
1,116,278
752,830
967,887
902,789
850,510
785,226
614,696
504,727
505,828
Dividends Paid
24,500
950,000
850,000
650,000
61,250
2,500,064
750,000
700,000
422,535
870,000
Retained Profit
446,486
2,165,880
1,617,988
1,121,095
-501,237
90,636
466,278
691,580
-1,532,177
152,789
150,510
362,691
614,696
-365,273
505,828
Employee Costs
3,368,915
3,200,101
3,056,534
2,893,844
2,994,904
2,981,789
3,068,610
2,899,415
2,714,138
2,524,023
2,380,536
2,201,584
2,028,316
1,901,617
1,769,932
Number Of Employees
47
47
49
51
56
58
58
61
58
53
52
48
45
42
40
EBITDA*
614,204
2,652,304
2,012,109
1,367,574
420,201
978,419
1,237,256
1,749,856
1,086,234
969,614
900,044
838,352
737,576
590,726
534,562
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
110,106
129,243
154,824
182,652
29,831
28,220
38,373
30,516
45,090
49,257
44,664
47,049
55,123
72,943
43,100
Intangible Assets
43,081
94,742
146,403
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
110,106
129,243
154,824
182,652
29,831
28,220
38,373
73,597
139,832
195,660
44,664
47,049
55,123
72,943
43,100
Stock & work in progress
3,207
3,207
4,855
2,329
11,471
4,178
4,178
4,023
4,486
5,990
8,625
Trade Debtors
2,293,857
1,333,325
770,430
869,370
1,111,462
875,945
970,494
1,080,460
1,404,041
1,295,875
1,405,583
1,293,653
1,245,590
1,272,613
806,373
Group Debtors
6,032,573
4,917,307
1,071,390
1,071,390
1,071,390
1,071,390
5,889,359
2,678,109
2,678,109
2,678,109
1,928,109
1,228,109
1,151,890
829,160
596,139
Misc Debtors
209,087
210,480
171,684
168,644
186,935
254,890
222,125
246,166
209,319
238,871
221,723
229,161
206,497
174,347
251,428
Cash
9,438
4,626,182
2,687,851
1,363,198
1,908,420
1,832,762
1,144,545
1,039,488
1,557,269
1,295,850
1,251,426
766,210
475,504
1,053,553
misc current assets
total current assets
8,535,517
6,470,550
6,639,686
4,797,255
3,736,192
4,113,852
8,919,595
5,151,609
5,342,428
5,774,302
4,855,443
4,006,372
3,374,673
2,757,614
2,716,118
total assets
8,645,623
6,599,793
6,794,510
4,979,907
3,766,023
4,142,072
8,957,968
5,225,206
5,482,260
5,969,962
4,900,107
4,053,421
3,429,796
2,830,557
2,759,218
Bank overdraft
Bank loan
Trade Creditors
42,520
76,842
155,009
136,823
163,267
264,959
247,647
269,610
217,290
244,227
197,028
236,071
248,955
218,969
150,596
Group/Directors Accounts
546,882
91,770
4,817,969
1,606,719
2,404,719
1,606,719
856,719
156,719
other short term finances
hp & lease commitments
other current liabilities
3,188,097
2,009,543
2,730,132
2,547,615
2,464,819
2,237,577
2,341,936
2,266,517
2,466,570
2,190,925
2,046,380
2,010,151
1,893,872
1,936,071
1,577,156
total current liabilities
3,777,499
2,178,155
2,885,141
2,684,438
2,628,086
2,502,536
7,407,552
4,142,846
5,088,579
4,041,871
3,100,127
2,402,941
2,142,827
2,155,040
1,727,752
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
35,623
39,711
3,274
3,636
5,152
3,374
6,275
8,508
5,890
6,900
6,080
9,324
total long term liabilities
35,623
39,711
3,274
3,636
5,152
3,374
6,275
8,508
5,890
6,900
6,080
9,324
total liabilities
3,777,499
2,178,155
2,920,764
2,724,149
2,631,360
2,506,172
7,412,704
4,146,220
5,094,854
4,050,379
3,106,017
2,409,841
2,148,907
2,164,364
1,727,752
net assets
4,868,124
4,421,638
3,873,746
2,255,758
1,134,663
1,635,900
1,545,264
1,078,986
387,406
1,919,583
1,794,090
1,643,580
1,280,889
666,193
1,031,466
total shareholders funds
4,868,124
4,421,638
3,873,746
2,255,758
1,134,663
1,635,900
1,545,264
1,078,986
387,406
1,919,583
1,794,090
1,643,580
1,280,889
666,193
1,031,466
Dec 2023
Dec 2022
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
595,067
2,626,723
1,960,946
1,343,716
396,757
956,814
1,168,164
742,122
1,001,063
928,787
862,747
798,254
698,188
553,564
506,992
Depreciation
19,137
25,581
51,163
23,858
23,444
21,605
26,011
956,073
33,510
32,230
37,297
40,098
39,388
37,162
27,570
Amortisation
43,081
51,661
51,661
8,597
Tax
-148,829
-508,046
-379,528
-199,103
48,984
-19,457
-52,086
8,436
-37,802
-31,059
-16,421
-12,816
-83,510
-50,794
7,290
Stock
-3,207
-1,648
2,526
-9,142
7,293
155
-463
-1,504
-2,635
8,625
Debtors
2,074,405
4,351,708
-95,900
-260,383
167,562
-4,879,753
3,077,243
-286,734
78,614
657,440
804,492
146,946
327,857
622,180
1,653,940
Creditors
-34,322
-59,981
18,186
-26,444
-101,692
17,312
-21,963
52,320
-26,937
47,199
-39,043
-12,884
29,986
68,373
150,596
Accruals and Deferred Income
1,178,554
-538,072
182,517
82,796
227,242
-104,359
75,419
-200,053
275,645
144,545
36,229
116,279
-42,199
358,915
1,577,156
Deferred Taxes & Provisions
-39,711
-4,088
36,437
-362
-1,516
1,778
-2,901
-2,233
2,618
-1,010
820
-3,244
9,324
Cash flow from operations
-464,798
-2,845,214
1,925,096
1,524,850
426,811
5,751,800
-1,839,365
1,903,534
1,209,000
475,477
75,152
783,268
312,256
356,999
607,039
Investing Activities
capital expenditure
27,828
-23,335
-191,823
-34,912
-32,024
-21,568
-67,005
-24,654
Change in Investments
cash flow from investments
27,828
-23,335
-191,823
-34,912
-32,024
-21,568
-67,005
-24,654
Financing Activities
Bank loans
Group/Directors Accounts
455,112
91,770
-4,817,969
3,211,250
-798,000
798,000
750,000
700,000
156,719
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-27,296
525,638
interest
248
47,203
36,570
982
3,022
3,279
200
2,272
4,626
5,061
4,184
-212
18
1,957
-8,454
cash flow from financing
455,360
138,973
36,570
982
3,022
-4,814,690
3,211,450
-795,728
802,626
727,765
704,184
156,507
18
1,957
517,184
cash and cash equivalents
cash
-9,438
-2,678,413
1,938,331
1,324,653
-545,222
75,658
688,217
105,057
-517,781
261,419
44,424
485,216
290,706
-578,049
1,053,553
overdraft
change in cash
-9,438
-2,678,413
1,938,331
1,324,653
-545,222
75,658
688,217
105,057
-517,781
261,419
44,424
485,216
290,706
-578,049
1,053,553
prima solutions limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for prima solutions limited. Get real-time insights into prima solutions limited's credit score, group structure and payment trends.
Perform a competitor analysis for prima solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in WS13 area or any other competitors across 12 key performance metrics.
prima solutions limited Ownership
PRIMA SOLUTIONS LIMITED group structure
Prima Solutions Limited has no subsidiary companies.
The sole shareholder of Prima Solutions Limited is Csb Meridian Limited.
csb meridian limited
100%
prima solutions limited directors
Prima Solutions Limited currently has 3 directors.
The longest serving directors include
Mrs Nicola Marrison (Jun 2022) and
Mrs Hellen Stein (Jun 2022).
62012 - Business and domestic software development
incorporation date
January 1991
age
34
incorporated
UK
ultimate parent company
GAYTOR PARENT LTD
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
c.s.b. meridian ltd. (July 1997)
accountant
-
auditor
-
address
lincoln house, wellington crescent, fradley park, lichfield, WS13 8RZ
Bank
NATIONAL WESTMINTER BANK PLC
Legal Advisor
-
prima solutions 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 4 charges/mortgages relating to prima solutions limited. Currently there are 1 open charges and 3 have been satisfied in the past.
prima solutions 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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prima solutions limitedCompanies House Filings - See Documents
