primary group (uk) limited
primary group (uk) limited Company Information
Group Structure
View All
Industry
Activities of head offices
Registered Address
3 more london riverside, london, SE1 2AQ
Website
www.primarygroup.co.ukprimary group (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of PRIMARY GROUP (UK) LIMITED at £1.2m based on a Turnover of £2.2m and 0.53x industry multiple (adjusted for size and gross margin).
primary group (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of PRIMARY GROUP (UK) LIMITED at £103.6m based on an EBITDA of £24.9m and a 4.17x industry multiple (adjusted for size and gross margin).
primary group (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of PRIMARY GROUP (UK) LIMITED at £69.7m based on Net Assets of £33.1m and 2.11x industry multiple (adjusted for liquidity).
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Primary Group (uk) Limited Overview
Primary Group (uk) Limited is a live company located in london, SE1 2AQ with a Companies House number of 03194215. It operates in the activities of head offices sector, SIC Code 70100. Founded in May 1996, it's largest shareholder is primary group limited with a 100% stake. Primary Group (uk) Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.2m with declining growth in recent years.
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Primary Group (uk) Limited Health Check
Pomanda's financial health check has awarded Primary Group (Uk) Limited a 3 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
2 Regular
5 Weak
Size
annual sales of £2.2m, make it smaller than the average company (£20.1m)
£2.2m - Primary Group (uk) Limited
£20.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (9%)
-25% - Primary Group (uk) Limited
9% - Industry AVG
Production
with a gross margin of 33.2%, this company has a comparable cost of product (33.2%)
33.2% - Primary Group (uk) Limited
33.2% - Industry AVG
Profitability
an operating margin of 1122.3% make it more profitable than the average company (5.8%)
1122.3% - Primary Group (uk) Limited
5.8% - Industry AVG
Employees
with 14 employees, this is below the industry average (114)
14 - Primary Group (uk) Limited
114 - Industry AVG
Pay Structure
on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)
- Primary Group (uk) Limited
£48.7k - Industry AVG
Efficiency
resulting in sales per employee of £158.1k, this is less efficient (£196k)
£158.1k - Primary Group (uk) Limited
£196k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Primary Group (uk) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Primary Group (uk) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Primary Group (uk) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (16 weeks)
1 weeks - Primary Group (uk) Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.1%, this is a lower level of debt than the average (54.8%)
5.1% - Primary Group (uk) Limited
54.8% - Industry AVG
PRIMARY GROUP (UK) LIMITED financials
Primary Group (Uk) Limited's latest turnover from March 2024 is £2.2 million and the company has net assets of £33.1 million. According to their latest financial statements, Primary Group (Uk) Limited has 14 employees and maintains cash reserves of £46 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 | 2,213,000 | 4,973,000 | 5,165,000 | 5,341,000 | 5,732,000 | 9,344,000 | 7,804,000 | 7,273,000 | 8,814,000 | 5,497,000 | 7,442,000 | 9,488,000 | 4,593,000 | 27,395,000 | 47,654,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 24,837,000 | 1,272,000 | -9,844,000 | 1,955,000 | -1,184,000 | -24,188,000 | 2,014,000 | 923,000 | 6,361,000 | 3,812,000 | -1,905,000 | 2,881,000 | -613,000 | -485,000 | -7,908,000 |
| Interest Payable | 38,000 | 70,000 | 2,108,000 | 1,852,000 | 2,937,000 | 1,160,000 | 457,000 | 314,000 | 381,000 | 566,000 | 1,151,000 | 2,919,000 | |||
| Interest Receivable | 45,000 | 42,000 | 33,000 | 27,000 | 54,000 | 54,000 | 94,000 | 109,000 | 30,000 | 33,000 | 2,813,000 | 2,120,000 | 2,136,000 | 1,264,000 | 1,690,000 |
| Pre-Tax Profit | 24,882,000 | 1,314,000 | -9,811,000 | 1,944,000 | -1,200,000 | -25,010,000 | 256,000 | -1,905,000 | 5,231,000 | 3,388,000 | 38,040,000 | 4,983,000 | -1,166,000 | 7,163,000 | 15,165,000 |
| Tax | 83,000 | -551,000 | -7,000 | -473,000 | -482,000 | -724,000 | -488,000 | -413,000 | -154,000 | -959,000 | 26,000 | 2,298,000 | -113,000 | -244,000 | 29,000 |
| Profit After Tax | 24,965,000 | 763,000 | -9,818,000 | 1,471,000 | -1,682,000 | -25,734,000 | -232,000 | -2,318,000 | 5,077,000 | 2,429,000 | 38,066,000 | 7,281,000 | -1,279,000 | 6,919,000 | 15,194,000 |
| Dividends Paid | 5,000,000 | 38,000,000 | 95,000,000 | ||||||||||||
| Retained Profit | 24,965,000 | 763,000 | -9,818,000 | 1,471,000 | -1,682,000 | -25,734,000 | -232,000 | -2,318,000 | 77,000 | 2,429,000 | 66,000 | 7,281,000 | -1,279,000 | 6,561,000 | -79,766,000 |
| Employee Costs | 1,322,000 | 6,483,000 | 4,135,000 | 3,493,000 | 15,856,000 | 29,018,000 | |||||||||
| Number Of Employees | 14 | 17 | 17 | 18 | 18 | 8 | 29 | 45 | 35 | 266 | 536 | ||||
| EBITDA* | 24,873,000 | 1,300,000 | -9,816,000 | 1,980,000 | -1,184,000 | -24,166,000 | 2,025,000 | 939,000 | 6,377,000 | 3,812,000 | -1,812,000 | 3,050,000 | -513,000 | 1,187,000 | -3,125,000 |
* 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 | 117,000 | 150,000 | 29,000 | 57,000 | 63,000 | 77,000 | 29,000 | 11,000 | 27,000 | 43,000 | 59,000 | 169,000 | 132,000 | 539,000 | 772,000 |
| Intangible Assets | 17,000 | 1,769,000 | 734,000 | 9,984,000 | 18,027,000 | ||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 9,500,000 | 10,500,000 | 11,500,000 | 18,932,000 | 39,930,000 | 46,238,000 | 62,448,000 | 68,288,000 | 59,872,000 | 46,545,000 | 44,410,000 | 46,287,000 | 42,499,000 | 40,036,000 | 25,568,000 |
| Total Fixed Assets | 9,617,000 | 10,650,000 | 11,529,000 | 18,989,000 | 39,993,000 | 46,315,000 | 62,494,000 | 68,299,000 | 59,899,000 | 46,588,000 | 44,469,000 | 48,225,000 | 43,365,000 | 50,559,000 | 44,367,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 9,869,000 | 2,843,000 | 16,208,000 | 31,200,000 | |||||||||||
| Group Debtors | 24,063,000 | 14,473,000 | 14,807,000 | 2,758,000 | 443,000 | 1,178,000 | 33,026,000 | 17,575,000 | 21,672,000 | 19,332,000 | 14,335,000 | 9,061,000 | 14,143,000 | 7,107,000 | 32,515,000 |
| Misc Debtors | 1,162,000 | 999,000 | 1,055,000 | 1,540,000 | 1,503,000 | 1,517,000 | 1,685,000 | 3,396,000 | 1,760,000 | 1,578,000 | 2,654,000 | 1,551,000 | 2,769,000 | 15,239,000 | |
| Cash | 46,000 | 266,000 | 577,000 | 66,000 | 9,947,000 | 4,986,000 | 5,000,000 | 229,000 | 9,000 | 30,000 | 936,000 | 4,155,000 | 2,520,000 | 13,283,000 | 12,991,000 |
| misc current assets | 66,000 | ||||||||||||||
| total current assets | 25,271,000 | 15,738,000 | 16,439,000 | 4,364,000 | 11,893,000 | 7,681,000 | 39,711,000 | 21,266,000 | 21,681,000 | 21,122,000 | 16,849,000 | 25,739,000 | 21,057,000 | 39,367,000 | 91,945,000 |
| total assets | 34,888,000 | 26,388,000 | 27,968,000 | 23,353,000 | 51,886,000 | 53,996,000 | 102,205,000 | 89,565,000 | 81,580,000 | 67,710,000 | 61,318,000 | 73,964,000 | 64,422,000 | 89,926,000 | 136,312,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | 918,000 | 989,000 | |||||||||||||
| Trade Creditors | 11,082,000 | 4,074,000 | 17,107,000 | 36,364,000 | |||||||||||
| Group/Directors Accounts | 1,283,000 | 15,770,000 | 18,365,000 | 5,289,000 | 4,135,000 | 24,931,000 | 47,129,000 | 33,943,000 | 24,001,000 | 10,546,000 | 5,994,000 | 6,400,000 | 10,428,000 | 15,421,000 | 45,633,000 |
| other short term finances | 187,000 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 515,000 | 2,493,000 | 2,241,000 | 884,000 | 1,042,000 | 674,000 | 951,000 | 1,265,000 | 904,000 | 565,000 | 809,000 | 1,580,000 | 1,154,000 | 4,992,000 | 7,799,000 |
| total current liabilities | 1,798,000 | 18,263,000 | 20,606,000 | 6,173,000 | 5,177,000 | 25,605,000 | 48,080,000 | 35,208,000 | 24,905,000 | 11,111,000 | 6,803,000 | 19,062,000 | 15,656,000 | 38,625,000 | 90,785,000 |
| loans | 1,693,000 | 2,016,000 | 2,616,000 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 583,000 | 1,264,000 | |||||||||||||
| provisions | 345,000 | 798,000 | 648,000 | 583,000 | 460,000 | ||||||||||
| total long term liabilities | 345,000 | 798,000 | 2,341,000 | 3,182,000 | 4,340,000 | ||||||||||
| total liabilities | 1,798,000 | 18,263,000 | 20,606,000 | 6,173,000 | 5,177,000 | 25,605,000 | 48,080,000 | 35,208,000 | 24,905,000 | 11,111,000 | 7,148,000 | 19,860,000 | 17,997,000 | 41,807,000 | 95,125,000 |
| net assets | 33,090,000 | 8,125,000 | 7,362,000 | 17,180,000 | 46,709,000 | 28,391,000 | 54,125,000 | 54,357,000 | 56,675,000 | 56,599,000 | 54,170,000 | 54,104,000 | 46,425,000 | 47,761,000 | 41,187,000 |
| total shareholders funds | 33,090,000 | 8,125,000 | 7,362,000 | 17,180,000 | 46,709,000 | 28,391,000 | 54,125,000 | 54,357,000 | 56,675,000 | 56,599,000 | 54,170,000 | 54,104,000 | 46,425,000 | 47,761,000 | 41,187,000 |
| 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 | 24,837,000 | 1,272,000 | -9,844,000 | 1,955,000 | -1,184,000 | -24,188,000 | 2,014,000 | 923,000 | 6,361,000 | 3,812,000 | -1,905,000 | 2,881,000 | -613,000 | -485,000 | -7,908,000 |
| Depreciation | 36,000 | 28,000 | 28,000 | 25,000 | 22,000 | 11,000 | 16,000 | 16,000 | 33,000 | 48,000 | 53,000 | 317,000 | 2,003,000 | ||
| Amortisation | 60,000 | 121,000 | 47,000 | 1,355,000 | 2,780,000 | ||||||||||
| Tax | 83,000 | -551,000 | -7,000 | -473,000 | -482,000 | -724,000 | -488,000 | -413,000 | -154,000 | -959,000 | 26,000 | 2,298,000 | -113,000 | -244,000 | 29,000 |
| Stock | |||||||||||||||
| Debtors | 8,753,000 | -1,390,000 | 4,132,000 | -18,646,000 | -7,057,000 | -48,226,000 | 7,900,000 | 7,715,000 | 13,907,000 | 7,314,000 | -7,548,000 | 6,835,000 | -5,084,000 | -38,402,000 | 104,522,000 |
| Creditors | -11,082,000 | 7,008,000 | -13,033,000 | -19,257,000 | 36,364,000 | ||||||||||
| Accruals and Deferred Income | -1,978,000 | 252,000 | 1,357,000 | -158,000 | 368,000 | -277,000 | -314,000 | 361,000 | 339,000 | -244,000 | -771,000 | 426,000 | -3,838,000 | -2,807,000 | 7,799,000 |
| Deferred Taxes & Provisions | -345,000 | -453,000 | 150,000 | 65,000 | 123,000 | 460,000 | |||||||||
| Cash flow from operations | 14,225,000 | 2,391,000 | -12,598,000 | 19,995,000 | 5,759,000 | 23,059,000 | -6,677,000 | -6,828,000 | -7,345,000 | -5,050,000 | -6,544,000 | 6,097,000 | -12,348,000 | 17,404,000 | -62,995,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | 31,304,000 | -26,747,000 | |||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | 31,304,000 | -26,747,000 | |||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -918,000 | -71,000 | 989,000 | ||||||||||||
| Group/Directors Accounts | -14,487,000 | -2,595,000 | 13,076,000 | 1,154,000 | -20,796,000 | -22,198,000 | 13,186,000 | 9,942,000 | 13,455,000 | 4,552,000 | -406,000 | -4,028,000 | -4,993,000 | -30,212,000 | 45,633,000 |
| Other Short Term Loans | -187,000 | 187,000 | |||||||||||||
| Long term loans | -1,693,000 | -323,000 | -600,000 | 2,616,000 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -583,000 | -681,000 | 1,264,000 | ||||||||||||
| share issue | |||||||||||||||
| interest | 45,000 | 42,000 | 33,000 | -11,000 | -16,000 | -2,054,000 | -1,758,000 | -2,828,000 | -1,130,000 | -424,000 | 2,499,000 | 1,739,000 | 1,570,000 | 113,000 | -1,229,000 |
| cash flow from financing | -14,442,000 | -2,553,000 | 13,109,000 | -29,857,000 | -812,000 | -24,252,000 | 11,428,000 | 7,114,000 | 12,324,000 | 4,128,000 | 2,093,000 | -3,584,000 | -5,491,000 | -31,251,000 | 170,226,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -220,000 | -311,000 | 511,000 | -9,881,000 | 4,961,000 | -14,000 | 4,771,000 | 220,000 | -21,000 | -906,000 | -3,219,000 | 1,635,000 | -10,763,000 | 292,000 | 12,991,000 |
| overdraft | |||||||||||||||
| change in cash | -220,000 | -311,000 | 511,000 | -9,881,000 | 4,961,000 | -14,000 | 4,771,000 | 220,000 | -21,000 | -906,000 | -3,219,000 | 1,635,000 | -10,763,000 | 292,000 | 12,991,000 |
primary group (uk) limited Credit Report and Business Information
Primary Group (uk) Limited Competitor Analysis
Perform a competitor analysis for primary group (uk) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SE1 area or any other competitors across 12 key performance metrics.
primary group (uk) limited Ownership
PRIMARY GROUP (UK) LIMITED group structure
Primary Group (Uk) Limited has 1 subsidiary company.
Ultimate parent company
PRIMARY GROUP 1 HOLDINGS LTD
#0103427
PRIMARY GROUP LTD
#0038318
2 parents
PRIMARY GROUP (UK) LIMITED
03194215
1 subsidiary
primary group (uk) limited directors
Primary Group (Uk) Limited currently has 1 director, Mr Stephen Welch serving since Sep 2024.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Welch | England | 51 years | Sep 2024 | - | Director |
P&L
March 2024turnover
2.2m
-55%
operating profit
24.8m
+1853%
gross margin
33.2%
+0.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
33.1m
+3.07%
total assets
34.9m
+0.32%
cash
46k
-0.83%
net assets
Total assets minus all liabilities
primary group (uk) limited company details
company number
03194215
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
May 1996
age
29
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
primary group limited (July 2002)
monument insurance group limited (March 1999)
accountant
-
auditor
CROWE UK LLP
address
3 more london riverside, london, SE1 2AQ
Bank
BARCLAYS BANK PLC
Legal Advisor
-
primary group (uk) 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 26 charges/mortgages relating to primary group (uk) limited. Currently there are 6 open charges and 20 have been satisfied in the past.
primary group (uk) 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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primary group (uk) limited Companies House Filings - See Documents
| date | description | view/download |
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