pravins limited
pravins limited Company Information
Company Number
02792406
Next Accounts
Mar 2026
Shareholders
sanjeev shah
hiten shah
View AllGroup Structure
View All
Industry
Retail sale of watches and jewellery in specialised stores
Registered Address
units 344-346,winston house, 2 dollis park, london, N3 1HF
Website
pravins.co.ukpravins limited Estimated Valuation
Pomanda estimates the enterprise value of PRAVINS LIMITED at £2.5m based on a Turnover of £5.5m and 0.45x industry multiple (adjusted for size and gross margin).
pravins limited Estimated Valuation
Pomanda estimates the enterprise value of PRAVINS LIMITED at £2.8m based on an EBITDA of £717.3k and a 3.95x industry multiple (adjusted for size and gross margin).
pravins limited Estimated Valuation
Pomanda estimates the enterprise value of PRAVINS LIMITED at £5.6m based on Net Assets of £2.2m and 2.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Pravins Limited Overview
Pravins Limited is a live company located in london, N3 1HF with a Companies House number of 02792406. It operates in the retail sale of watches and jewellery in specialised stores sector, SIC Code 47770. Founded in February 1993, it's largest shareholder is sanjeev shah with a 49.9% stake. Pravins Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.5m with high growth in recent years.
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Pravins Limited Health Check
Pomanda's financial health check has awarded Pravins Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
5 Regular
4 Weak
Size
annual sales of £5.5m, make it smaller than the average company (£13.3m)
- Pravins Limited
£13.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a similar rate (18.8%)
- Pravins Limited
18.8% - Industry AVG
Production
with a gross margin of 37.2%, this company has a comparable cost of product (37.2%)
- Pravins Limited
37.2% - Industry AVG
Profitability
an operating margin of 9.7% make it more profitable than the average company (7%)
- Pravins Limited
7% - Industry AVG
Employees
with 33 employees, this is similar to the industry average (32)
33 - Pravins Limited
32 - Industry AVG
Pay Structure
on an average salary of £39.1k, the company has an equivalent pay structure (£39.1k)
- Pravins Limited
£39.1k - Industry AVG
Efficiency
resulting in sales per employee of £167.7k, this is less efficient (£246.2k)
- Pravins Limited
£246.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Pravins Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is slower than average (39 days)
- Pravins Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 449 days, this is more than average (200 days)
- Pravins Limited
200 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (12 weeks)
1 weeks - Pravins Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.1%, this is a similar level of debt than the average (56.4%)
59.1% - Pravins Limited
56.4% - Industry AVG
PRAVINS LIMITED financials
Pravins Limited's latest turnover from June 2024 is estimated at £5.5 million and the company has net assets of £2.2 million. According to their latest financial statements, Pravins Limited has 33 employees and maintains cash reserves of £62.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,701,267 | 3,521,887 | 3,348,970 | 4,425,381 | 5,691,129 | 5,245,681 | 5,587,812 | 6,162,903 | 6,536,644 | 5,370,883 | 5,128,548 | 4,625,732 | 4,052,324 | ||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 2,426,070 | 1,444,865 | 1,640,582 | 2,139,675 | 2,646,343 | 2,527,163 | 2,608,446 | 2,730,213 | 2,858,753 | 2,270,086 | 2,125,305 | 1,974,961 | 1,697,128 | ||
| Gross Profit | 3,275,197 | 2,077,022 | 1,708,388 | 2,285,706 | 3,044,786 | 2,718,518 | 2,979,366 | 3,432,690 | 3,677,891 | 3,100,797 | 3,003,243 | 2,650,771 | 2,355,196 | ||
| Admin Expenses | 2,175,408 | 1,947,588 | 2,223,640 | 2,900,313 | 3,331,126 | 3,531,262 | 3,243,938 | 3,827,617 | 3,830,362 | 3,200,344 | 2,767,414 | 2,579,588 | 2,583,232 | ||
| Operating Profit | 1,099,789 | 129,434 | -515,252 | -614,607 | -286,340 | -812,744 | -264,572 | -394,927 | -152,471 | -99,547 | 235,829 | 71,183 | -228,036 | ||
| Interest Payable | 75,305 | 86,325 | 90,310 | 89,741 | 109,412 | 81,324 | 100,936 | 121,051 | 59,637 | 32,001 | 26,571 | 20,774 | 19,085 | ||
| Interest Receivable | 7 | 27 | 132 | 59,863 | 4 | ||||||||||
| Pre-Tax Profit | 1,024,484 | 43,116 | -605,535 | -704,216 | -395,752 | -926,011 | -270,677 | -520,420 | -212,108 | -131,548 | 209,258 | 50,409 | -247,117 | ||
| Tax | 309 | -43,326 | -3,000 | 49,931 | |||||||||||
| Profit After Tax | 1,024,484 | 43,116 | -605,535 | -704,216 | -395,752 | -926,011 | -270,677 | -520,420 | -212,108 | -131,239 | 165,932 | 47,409 | -197,186 | ||
| Dividends Paid | |||||||||||||||
| Retained Profit | 1,024,484 | 43,116 | -605,535 | -704,216 | -395,752 | -926,011 | -270,677 | -520,420 | -212,108 | -131,239 | 165,932 | 47,409 | -197,186 | ||
| Employee Costs | 1,510,367 | 1,451,122 | 1,437,007 | 1,566,401 | 1,801,605 | 1,519,198 | 1,290,686 | 1,134,623 | 1,037,822 | ||||||
| Number Of Employees | 33 | 30 | 30 | 30 | 40 | 40 | 64 | 58 | 59 | 61 | 76 | 59 | 53 | 56 | 55 |
| EBITDA* | 1,145,076 | 217,527 | -384,710 | -401,141 | -73,588 | -629,665 | -73,514 | -247,263 | -25,415 | -13,373 | 310,575 | 139,770 | -159,709 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 752,554 | 830,564 | 772,103 | 402,476 | 702,566 | 780,005 | 1,026,744 | 1,398,935 | 1,187,834 | 1,265,662 | 932,275 | 1,058,072 | 772,288 | 816,237 | 884,824 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 100,000 | 100,000 | 100,000 | 100,000 | |||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 752,554 | 830,564 | 772,103 | 402,476 | 702,566 | 780,005 | 1,026,744 | 1,398,935 | 1,187,834 | 1,265,662 | 932,275 | 1,158,072 | 872,288 | 916,237 | 984,824 |
| Stock & work in progress | 4,281,571 | 4,132,450 | 3,689,927 | 2,913,082 | 2,877,121 | 3,069,523 | 3,589,735 | 3,955,564 | 4,310,607 | 4,841,569 | 4,794,383 | 4,964,787 | 3,910,166 | 4,053,566 | 3,994,373 |
| Trade Debtors | 3,380 | 1,530 | 1,530 | 2,327 | |||||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 213,439 | 182,407 | 465,116 | 273,562 | 256,705 | 273,724 | 531,702 | 221,573 | 235,097 | 207,508 | 249,698 | 165,675 | 190,261 | 193,579 | 170,463 |
| Cash | 62,744 | 23,774 | 9,744 | 392,307 | 16,061 | 217,198 | 130,106 | 288,254 | 72,826 | 80,747 | 121,151 | 480,091 | 1,600 | 1,600 | 6,694 |
| misc current assets | |||||||||||||||
| total current assets | 4,557,754 | 4,338,631 | 4,164,787 | 3,578,951 | 3,149,887 | 3,560,445 | 4,251,543 | 4,468,771 | 4,620,060 | 5,131,354 | 5,165,232 | 5,610,553 | 4,102,027 | 4,248,745 | 4,173,857 |
| total assets | 5,310,308 | 5,169,195 | 4,936,890 | 3,981,427 | 3,852,453 | 4,340,450 | 5,278,287 | 5,867,706 | 5,807,894 | 6,397,016 | 6,097,507 | 6,768,625 | 4,974,315 | 5,164,982 | 5,158,681 |
| Bank overdraft | 9,898 | 189,943 | 7,214 | 140,167 | 91 | 69,542 | 235,704 | 137,151 | 174,951 | 157,388 | 581,309 | 198,622 | 792,687 | 647,746 | |
| Bank loan | 29,453 | ||||||||||||||
| Trade Creditors | 457,038 | 474,846 | 1,332,270 | 1,231,653 | 981,589 | 887,513 | 927,811 | 361,471 | 260,361 | 373,665 | 498,704 | 898,344 | 378,429 | 514,118 | 465,640 |
| Group/Directors Accounts | 1,440,980 | 940,980 | 814,730 | 114,800 | 114,800 | ||||||||||
| other short term finances | 140,000 | 140,000 | 4,442 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,182,735 | 2,236,089 | 875,569 | 1,353,824 | 1,237,577 | 1,230,517 | 994,836 | 641,512 | 507,007 | 562,130 | 1,421,399 | 1,556,848 | 300,797 | 1,024,626 | 1,259,153 |
| total current liabilities | 2,779,773 | 2,860,833 | 2,397,782 | 2,592,691 | 2,359,333 | 2,118,121 | 1,992,189 | 1,238,687 | 904,519 | 1,115,188 | 3,518,471 | 3,977,481 | 1,722,031 | 2,446,231 | 2,487,339 |
| loans | 291,667 | 431,667 | 260,000 | 180,833 | 373,583 | 541,083 | 943,083 | 3,118,492 | 2,466,837 | 2,574,613 | 327,401 | ||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 1,484,288 | 1,437,567 | 1,392,317 | 1,348,491 | 1,306,044 | ||||||||||
| provisions | 67,252 | 67,252 | 67,252 | 67,252 | 67,252 | 67,252 | 67,252 | 67,252 | 67,252 | 67,252 | 67,252 | 67,252 | 67,252 | 27,052 | 27,052 |
| total long term liabilities | 358,919 | 498,919 | 1,811,540 | 1,685,652 | 1,833,152 | 1,956,826 | 2,316,379 | 3,185,744 | 2,534,089 | 2,641,865 | 67,252 | 67,252 | 394,653 | 27,052 | 27,052 |
| total liabilities | 3,138,692 | 3,359,752 | 4,209,322 | 4,278,343 | 4,192,485 | 4,074,947 | 4,308,568 | 4,424,431 | 3,438,608 | 3,757,053 | 3,585,723 | 4,044,733 | 2,116,684 | 2,473,283 | 2,514,391 |
| net assets | 2,171,616 | 1,809,443 | 727,568 | -296,916 | -340,032 | 265,503 | 969,719 | 1,443,275 | 2,369,286 | 2,639,963 | 2,511,784 | 2,723,892 | 2,857,631 | 2,691,699 | 2,644,290 |
| total shareholders funds | 2,171,616 | 1,809,443 | 727,568 | -296,916 | -340,032 | 265,503 | 969,719 | 1,443,275 | 2,369,286 | 2,639,963 | 2,511,784 | 2,723,892 | 2,857,631 | 2,691,699 | 2,644,290 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,099,789 | 129,434 | -515,252 | -614,607 | -286,340 | -812,744 | -264,572 | -394,927 | -152,471 | -99,547 | 235,829 | 71,183 | -228,036 | ||
| Depreciation | 179,982 | 115,769 | 45,287 | 88,093 | 130,542 | 213,466 | 212,752 | 183,079 | 191,058 | 147,664 | 127,056 | 86,174 | 74,746 | 68,587 | 68,327 |
| Amortisation | |||||||||||||||
| Tax | 309 | -43,326 | -3,000 | 49,931 | |||||||||||
| Stock | 149,121 | 442,523 | 776,845 | 35,961 | -192,402 | -520,212 | -365,829 | -355,043 | -530,962 | 47,186 | -170,404 | 1,054,621 | -143,400 | 59,193 | 3,994,373 |
| Debtors | 31,032 | -282,709 | 191,554 | 16,857 | -17,019 | -257,978 | 306,749 | -11,674 | 27,589 | -40,660 | 84,023 | -24,586 | -3,318 | 20,789 | 172,790 |
| Creditors | -17,808 | -857,424 | 100,617 | 250,064 | 94,076 | -40,298 | 566,340 | 101,110 | -113,304 | -125,039 | -399,640 | 519,915 | -135,689 | 48,478 | 465,640 |
| Accruals and Deferred Income | -53,354 | 1,360,520 | -478,255 | 116,247 | 7,060 | 235,681 | 353,324 | 134,505 | -55,123 | -859,269 | -135,449 | 1,256,051 | -723,829 | -234,527 | 1,259,153 |
| Deferred Taxes & Provisions | 40,200 | 27,052 | |||||||||||||
| Cash flow from operations | -200,961 | 531,020 | -74,153 | 572,432 | 905,156 | -27,333 | 261,432 | -1,238,097 | -474,123 | 732,867 | -405,351 | -129,261 | -2,525,096 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | 324,439 | -398,348 | -3,230 | -675,021 | -776 | -371,958 | -30,797 | ||||||||
| Change in Investments | -100,000 | 100,000 | |||||||||||||
| cash flow from investments | 324,439 | -398,348 | -3,230 | -675,021 | 99,224 | -371,958 | -30,797 | ||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -29,453 | 29,453 | |||||||||||||
| Group/Directors Accounts | -1,440,980 | 500,000 | 126,250 | 699,930 | 114,800 | ||||||||||
| Other Short Term Loans | 140,000 | -4,442 | 4,442 | ||||||||||||
| Long term loans | -140,000 | 171,667 | 79,167 | -192,750 | -167,500 | -402,000 | -2,175,409 | 651,655 | -107,776 | 2,574,613 | -327,401 | 327,401 | |||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -1,484,288 | 46,721 | 45,250 | 43,826 | 42,447 | 1,306,044 | |||||||||
| share issue | |||||||||||||||
| interest | -75,305 | -86,318 | -90,283 | -89,609 | -109,412 | -81,324 | -41,073 | -121,051 | -59,637 | -32,001 | -26,571 | -20,774 | -19,081 | ||
| cash flow from financing | 50,583 | -233,818 | -213,957 | -449,162 | -1,056,581 | 570,331 | -153,291 | 1,665,623 | 440,363 | -265,105 | 1,030,213 | -20,774 | 2,937,195 | ||
| cash and cash equivalents | |||||||||||||||
| cash | 38,970 | 14,030 | -382,563 | 376,246 | -201,137 | 87,092 | -158,148 | 215,428 | -7,921 | -40,404 | -358,940 | 478,491 | -5,094 | 6,694 | |
| overdraft | -9,898 | -180,045 | 182,729 | -132,953 | 140,076 | -69,451 | -166,162 | 98,553 | -37,800 | 17,563 | -423,921 | 382,687 | -594,065 | 144,941 | 647,746 |
| change in cash | 48,868 | 194,075 | -565,292 | 509,199 | -341,213 | 156,543 | 8,014 | 116,875 | 29,879 | -57,967 | 64,981 | 95,804 | 594,065 | -150,035 | -641,052 |
pravins limited Credit Report and Business Information
Pravins Limited Competitor Analysis
Perform a competitor analysis for pravins limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in N 3 area or any other competitors across 12 key performance metrics.
pravins limited Ownership
PRAVINS LIMITED group structure
Pravins Limited has no subsidiary companies.
Ultimate parent company
PRAVINS LIMITED
02792406
pravins limited directors
Pravins Limited currently has 2 directors. The longest serving directors include Mr Sanjeev Shah (Jul 1999) and Mr Hiten Shah (Jan 2002).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sanjeev Shah | England | 53 years | Jul 1999 | - | Director |
| Mr Hiten Shah | England | 50 years | Jan 2002 | - | Director |
P&L
June 2024turnover
5.5m
+14%
operating profit
537.4k
0%
gross margin
37.2%
+6.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
2.2m
+0.2%
total assets
5.3m
+0.03%
cash
62.7k
+1.64%
net assets
Total assets minus all liabilities
Similar Companies
pravins limited company details
company number
02792406
Type
Private limited with Share Capital
industry
47770 - Retail sale of watches and jewellery in specialised stores
incorporation date
February 1993
age
32
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2024
previous names
pravins holdings limited (October 2002)
hurryincome limited (March 1993)
accountant
FERGUSON MAIDMENT & CO
auditor
-
address
units 344-346,winston house, 2 dollis park, london, N3 1HF
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
pravins 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 9 charges/mortgages relating to pravins limited. Currently there are 1 open charges and 8 have been satisfied in the past.
pravins 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 PRAVINS LIMITED. This can take several minutes, an email will notify you when this has completed.
pravins limited Companies House Filings - See Documents
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