primecastle limited
primecastle limited Company Information
Company Number
02737825
Next Accounts
Dec 2025
Shareholders
worldhold ltd
leslie frankel & worldhold ltd
Group Structure
View All
Industry
Development of building projects
Registered Address
new burlington house, 1075 finchley road, london, NW11 0PU
Website
-primecastle limited Estimated Valuation
Pomanda estimates the enterprise value of PRIMECASTLE LIMITED at £540.9k based on a Turnover of £1.1m and 0.48x industry multiple (adjusted for size and gross margin).
primecastle limited Estimated Valuation
Pomanda estimates the enterprise value of PRIMECASTLE LIMITED at £834.7k based on an EBITDA of £218.8k and a 3.81x industry multiple (adjusted for size and gross margin).
primecastle limited Estimated Valuation
Pomanda estimates the enterprise value of PRIMECASTLE LIMITED at £5.2m based on Net Assets of £3.7m and 1.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Primecastle Limited Overview
Primecastle Limited is a live company located in london, NW11 0PU with a Companies House number of 02737825. It operates in the development of building projects sector, SIC Code 41100. Founded in August 1992, it's largest shareholder is worldhold ltd with a 99% stake. Primecastle Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.1m with declining growth in recent years.
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Primecastle Limited Health Check
Pomanda's financial health check has awarded Primecastle Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£2.3m)
- Primecastle Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (6%)
- Primecastle Limited
6% - Industry AVG
Production
with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)
- Primecastle Limited
26.4% - Industry AVG
Profitability
an operating margin of 19.5% make it more profitable than the average company (7.5%)
- Primecastle Limited
7.5% - Industry AVG
Employees
with 4 employees, this is below the industry average (6)
4 - Primecastle Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
- Primecastle Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £280.3k, this is equally as efficient (£274.9k)
- Primecastle Limited
£274.9k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is later than average (27 days)
- Primecastle Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (31 days)
- Primecastle Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Primecastle Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (11 weeks)
7 weeks - Primecastle Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55%, this is a lower level of debt than the average (73.7%)
55% - Primecastle Limited
73.7% - Industry AVG
PRIMECASTLE LIMITED financials
Primecastle Limited's latest turnover from March 2024 is estimated at £1.1 million and the company has net assets of £3.7 million. According to their latest financial statements, Primecastle Limited has 4 employees and maintains cash reserves of £164.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 832,487 | 811,627 | 802,842 | 811,179 | 806,066 | ||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 111,320 | 128,566 | 127,404 | 151,412 | 111,384 | ||||||||||
| Gross Profit | 721,167 | 683,061 | 675,438 | 659,767 | 694,682 | ||||||||||
| Admin Expenses | 204,362 | 169,293 | 177,875 | 236,963 | 209,849 | ||||||||||
| Operating Profit | 516,805 | 513,768 | 497,563 | 422,804 | 484,833 | ||||||||||
| Interest Payable | 343,614 | 343,117 | 343,555 | 343,239 | 343,028 | ||||||||||
| Interest Receivable | 60 | 101 | 121 | 384 | 1,020 | ||||||||||
| Pre-Tax Profit | 197,249 | 186,808 | 163,448 | 83,464 | 142,318 | ||||||||||
| Tax | -45,026 | -44,363 | -42,453 | -18,849 | -38,820 | ||||||||||
| Profit After Tax | 152,223 | 142,445 | 120,995 | 64,615 | 103,498 | ||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 152,223 | 142,445 | 120,995 | 64,615 | 103,498 | ||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 4 | 4 | 4 | 4 | 4 | 2 | 2 | 2 | |||||||
| EBITDA* | 516,805 | 513,768 | 497,563 | 422,804 | 484,833 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,691,759 | 8,860,259 | 8,860,259 | 8,858,759 | 8,933,759 | 8,870,203 | |||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 5,280,000 | 5,280,000 | 6,822,000 | 8,418,000 | 9,632,545 | 10,670,545 | 10,670,545 | 10,692,659 | 10,692,659 | 150,900 | 150,900 | 150,900 | 120,900 | 120,900 | 120,900 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 5,280,000 | 5,280,000 | 6,822,000 | 8,418,000 | 9,632,545 | 10,670,545 | 10,670,545 | 10,692,659 | 10,692,659 | 7,842,659 | 9,011,159 | 9,011,159 | 8,979,659 | 9,054,659 | 8,991,103 |
| Stock & work in progress | 294,246 | 294,246 | 294,246 | 294,246 | 294,246 | 294,246 | |||||||||
| Trade Debtors | 163,232 | 144,875 | 375,986 | 309,805 | 163,051 | 132,319 | 134,480 | 103,572 | 114,209 | 7,769,767 | 135,448 | 85,546 | 79,907 | 176,057 | 178,266 |
| Group Debtors | 1,944,879 | 2,113,270 | 2,148,800 | 3,063,625 | 2,594,175 | 7,300,037 | 6,756,346 | 6,185,516 | 5,681,399 | 6,128,187 | 5,560,250 | 4,797,227 | 4,074,013 | 3,436,633 | |
| Misc Debtors | 684,550 | 690,976 | 816,557 | 236,362 | 1,014,923 | 945,093 | 910,278 | 888,756 | 864,963 | 760,668 | 731,457 | 720,660 | 1,074,827 | 1,356,042 | |
| Cash | 164,390 | 155,982 | 170,221 | 45,613 | 73,657 | 64,555 | 76,965 | 184,131 | 91,636 | 137,263 | 96,467 | 31,574 | 66,188 | 76,966 | 322,589 |
| misc current assets | |||||||||||||||
| total current assets | 2,957,051 | 3,105,103 | 3,511,564 | 3,655,405 | 3,845,806 | 8,442,004 | 7,878,069 | 7,361,975 | 6,752,207 | 8,201,276 | 7,415,016 | 6,703,073 | 5,958,228 | 5,696,109 | 5,587,776 |
| total assets | 8,237,051 | 8,385,103 | 10,333,564 | 12,073,405 | 13,478,351 | 19,112,549 | 18,548,614 | 18,054,634 | 17,444,866 | 16,043,935 | 16,426,175 | 15,714,232 | 14,937,887 | 14,750,768 | 14,578,879 |
| Bank overdraft | 108,000 | 108,000 | 3,477,822 | 5,257,068 | 5,693,854 | 824 | 189 | ||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 12,387 | 8,131 | 3,860 | 66,735 | 42,957 | 1,891 | 21,648 | 76,655 | 13,267 | 3,506,621 | 7,023 | 3,928 | 725 | 109,918 | 127,718 |
| Group/Directors Accounts | 919,576 | 843,096 | 291,205 | 204,929 | 564,711 | 2,093,371 | 1,997,734 | 1,884,328 | 1,768,718 | 1,518,621 | 1,393,747 | 1,301,557 | 1,177,300 | 1,039,439 | |
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 79,628 | 78,353 | 110,018 | 1,568,699 | 1,709,299 | 1,249,853 | 954,153 | 712,729 | 408,405 | 1,348,543 | 917,427 | 379,109 | 253,049 | 265,836 | |
| total current liabilities | 1,119,591 | 1,037,580 | 3,882,905 | 7,097,431 | 8,010,821 | 3,345,115 | 2,973,535 | 2,673,712 | 2,190,390 | 3,506,621 | 2,875,011 | 2,315,291 | 1,681,391 | 1,540,267 | 1,432,993 |
| loans | 2,943,000 | 3,051,000 | 6,354,540 | 6,379,500 | 6,382,500 | 6,382,500 | 6,382,500 | 6,382,500 | 6,382,500 | 6,382,500 | 6,382,500 | 6,382,500 | |||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 464,000 | 464,000 | 453,000 | 418,000 | 438,000 | 516,000 | 516,000 | 545,000 | 605,000 | ||||||
| total long term liabilities | 3,407,000 | 3,515,000 | 453,000 | 418,000 | 438,000 | 6,870,540 | 6,895,500 | 6,927,500 | 6,987,500 | 6,382,500 | 6,382,500 | 6,382,500 | 6,382,500 | 6,382,500 | 6,382,500 |
| total liabilities | 4,526,591 | 4,552,580 | 4,335,905 | 7,515,431 | 8,448,821 | 10,215,655 | 9,869,035 | 9,601,212 | 9,177,890 | 9,889,121 | 9,257,511 | 8,697,791 | 8,063,891 | 7,922,767 | 7,815,493 |
| net assets | 3,710,460 | 3,832,523 | 5,997,659 | 4,557,974 | 5,029,530 | 8,896,894 | 8,679,579 | 8,453,422 | 8,266,976 | 6,154,814 | 7,168,664 | 7,016,441 | 6,873,996 | 6,828,001 | 6,763,386 |
| total shareholders funds | 3,710,460 | 3,832,523 | 5,997,659 | 4,557,974 | 5,029,530 | 8,896,894 | 8,679,579 | 8,453,422 | 8,266,976 | 6,154,814 | 7,168,664 | 7,016,441 | 6,873,996 | 6,828,001 | 6,763,386 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 516,805 | 513,768 | 497,563 | 422,804 | 484,833 | ||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -45,026 | -44,363 | -42,453 | -18,849 | -38,820 | ||||||||||
| Stock | -294,246 | 294,246 | |||||||||||||
| Debtors | -156,460 | -392,222 | -268,449 | -162,357 | -4,605,300 | 576,345 | 623,260 | 517,273 | -1,109,196 | 745,464 | 647,050 | 779,459 | 272,897 | 353,956 | 4,970,941 |
| Creditors | 4,256 | 4,271 | -62,875 | 23,778 | 41,066 | -19,757 | -55,007 | 63,388 | -3,493,354 | 3,499,598 | 3,095 | 3,203 | -109,193 | -17,800 | 127,718 |
| Accruals and Deferred Income | 1,275 | -31,665 | -1,458,681 | -140,600 | 459,446 | 295,700 | 241,424 | 304,324 | 408,405 | -1,348,543 | 431,116 | 538,318 | 126,060 | -12,787 | 265,836 |
| Deferred Taxes & Provisions | 11,000 | 35,000 | -20,000 | -78,000 | -29,000 | -60,000 | 605,000 | ||||||||
| Cash flow from operations | 258,940 | 231,467 | 199,080 | 19,412 | -4,425,620 | ||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -1,542,000 | -1,596,000 | -1,214,545 | -1,038,000 | -22,114 | 10,541,759 | 30,000 | 120,900 | |||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 76,480 | 551,891 | 86,276 | -359,782 | -1,528,660 | 95,637 | 113,406 | 115,610 | 1,768,718 | -1,518,621 | 124,874 | 92,190 | 124,257 | 137,861 | 1,039,439 |
| Other Short Term Loans | |||||||||||||||
| Long term loans | -108,000 | 3,051,000 | -6,354,540 | -24,960 | -3,000 | 6,382,500 | |||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -343,554 | -343,016 | -343,434 | -342,855 | -342,008 | ||||||||||
| cash flow from financing | -218,680 | -250,826 | -294,177 | -204,994 | 13,739,819 | ||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 8,408 | -14,239 | 124,608 | -28,044 | 9,102 | -12,410 | -107,166 | 92,495 | -45,627 | 40,796 | 64,893 | -34,614 | -10,778 | -245,623 | 322,589 |
| overdraft | -3,369,822 | -1,779,246 | -436,786 | 5,693,854 | -824 | 635 | 189 | ||||||||
| change in cash | 8,408 | 3,355,583 | 1,903,854 | 408,742 | -5,684,752 | -12,410 | -107,166 | 92,495 | -45,627 | 41,620 | 64,258 | -34,803 | -10,778 | -245,623 | 322,589 |
primecastle limited Credit Report and Business Information
Primecastle Limited Competitor Analysis
Perform a competitor analysis for primecastle limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NW11 area or any other competitors across 12 key performance metrics.
primecastle limited Ownership
PRIMECASTLE LIMITED group structure
Primecastle Limited has 2 subsidiary companies.
Ultimate parent company
1 parent
PRIMECASTLE LIMITED
02737825
2 subsidiaries
primecastle limited directors
Primecastle Limited currently has 3 directors. The longest serving directors include Mr Leslie Frankel (Sep 1992) and Zisi Frankel (Aug 1993).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Leslie Frankel | 81 years | Sep 1992 | - | Director | |
| Zisi Frankel | 78 years | Aug 1993 | - | Director | |
| Mr Joel Frankel | United Kingdom | 45 years | Feb 1999 | - | Director |
P&L
March 2024turnover
1.1m
+14%
operating profit
218.8k
0%
gross margin
26.5%
+1.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
3.7m
-0.03%
total assets
8.2m
-0.02%
cash
164.4k
+0.05%
net assets
Total assets minus all liabilities
primecastle limited company details
company number
02737825
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
August 1992
age
33
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
new burlington house, 1075 finchley road, london, NW11 0PU
Bank
-
Legal Advisor
-
primecastle 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 2 charges/mortgages relating to primecastle limited. Currently there are 2 open charges and 0 have been satisfied in the past.
primecastle 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 PRIMECASTLE LIMITED. This can take several minutes, an email will notify you when this has completed.
primecastle limited Companies House Filings - See Documents
| date | description | view/download |
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