prime machine tools limited
prime machine tools limited Company Information
Company Number
03979370
Next Accounts
2164 days late
Industry
Repair of machinery
Directors
Shareholders
elaine fowler
ian fowler
Group Structure
View All
Contact
Registered Address
azzurri house, walsall rbusiness park, walsall road, walsall, WS9 0RB
Website
http://primemachinetools.comprime machine tools limited Estimated Valuation
Pomanda estimates the enterprise value of PRIME MACHINE TOOLS LIMITED at £62.2k based on a Turnover of £149.3k and 0.42x industry multiple (adjusted for size and gross margin).
prime machine tools limited Estimated Valuation
Pomanda estimates the enterprise value of PRIME MACHINE TOOLS LIMITED at £203.7k based on an EBITDA of £42k and a 4.85x industry multiple (adjusted for size and gross margin).
prime machine tools limited Estimated Valuation
Pomanda estimates the enterprise value of PRIME MACHINE TOOLS LIMITED at £0 based on Net Assets of £-41.5k and 4.1x industry multiple (adjusted for liquidity).
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Prime Machine Tools Limited Overview
Prime Machine Tools Limited is a live company located in walsall road, WS9 0RB with a Companies House number of 03979370. It operates in the repair of machinery sector, SIC Code 33120. Founded in April 2000, it's largest shareholder is elaine fowler with a 50% stake. Prime Machine Tools Limited is a mature, micro sized company, Pomanda has estimated its turnover at £149.3k with declining growth in recent years.
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Prime Machine Tools Limited Health Check
Pomanda's financial health check has awarded Prime Machine Tools Limited a 2.5 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
2 Regular
6 Weak
Size
annual sales of £149.3k, make it smaller than the average company (£486.6k)
- Prime Machine Tools Limited
£486.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (2.3%)
- Prime Machine Tools Limited
2.3% - Industry AVG
Production
with a gross margin of 23.1%, this company has a higher cost of product (40.9%)
- Prime Machine Tools Limited
40.9% - Industry AVG
Profitability
an operating margin of 28.1% make it more profitable than the average company (7.9%)
- Prime Machine Tools Limited
7.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (21)
- Prime Machine Tools Limited
21 - Industry AVG
Pay Structure
on an average salary of £38.4k, the company has an equivalent pay structure (£38.4k)
- Prime Machine Tools Limited
£38.4k - Industry AVG
Efficiency
resulting in sales per employee of £149.3k, this is equally as efficient (£155.3k)
- Prime Machine Tools Limited
£155.3k - Industry AVG
Debtor Days
it gets paid by customers after 83 days, this is later than average (61 days)
- Prime Machine Tools Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 226 days, this is slower than average (45 days)
- Prime Machine Tools Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Prime Machine Tools Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Prime Machine Tools Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 214.3%, this is a higher level of debt than the average (62.1%)
214.3% - Prime Machine Tools Limited
62.1% - Industry AVG
PRIME MACHINE TOOLS LIMITED financials
Prime Machine Tools Limited's latest turnover from March 2017 is estimated at £149.3 thousand and the company has net assets of -£41.5 thousand. According to their latest financial statements, we estimate that Prime Machine Tools Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,952 | 2,372 | 2,791 | 3,284 | 3,864 | 4,218 | 4,218 | 4,963 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,952 | 2,372 | 2,791 | 3,284 | 3,864 | 4,218 | 4,218 | 4,963 |
| Stock & work in progress | 0 | 0 | 0 | 35,000 | 0 | 0 | 40,500 | 46,000 |
| Trade Debtors | 34,307 | 0 | 19,362 | 25,861 | 32,475 | 0 | 0 | 32,211 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 191 | 190 | 18,627 | 6,123 | 0 | 145 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 34,307 | 0 | 19,553 | 61,051 | 51,102 | 6,123 | 40,500 | 78,356 |
| total assets | 36,259 | 2,372 | 22,344 | 64,335 | 54,966 | 10,341 | 44,718 | 83,319 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 71,149 | 77,432 | 112,772 | 119,270 | 135,023 | 93,039 | 111,057 | 104,651 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 71,149 | 77,432 | 112,772 | 119,270 | 135,023 | 93,039 | 111,057 | 104,651 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 6,566 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 16,110 | 16,110 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 6,566 | 0 | 0 | 0 | 0 | 0 | 16,110 | 16,110 |
| total liabilities | 77,715 | 77,432 | 112,772 | 119,270 | 135,023 | 93,039 | 127,167 | 120,761 |
| net assets | -41,456 | -75,060 | -90,428 | -54,935 | -80,057 | -82,698 | -82,449 | -37,442 |
| total shareholders funds | -41,456 | -75,060 | -90,428 | -54,935 | -80,057 | -82,698 | -82,449 | -37,442 |
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 419 | 493 | 0 | 682 | 0 | 745 | 876 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||
| Stock | 0 | 0 | -35,000 | 35,000 | 0 | -40,500 | -5,500 | 46,000 |
| Debtors | 34,307 | -19,362 | -6,499 | -6,614 | 32,475 | 0 | -32,211 | 32,211 |
| Creditors | -6,283 | -35,340 | -6,498 | -15,753 | 41,984 | -18,018 | 6,406 | 104,651 |
| Accruals and Deferred Income | 6,566 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -16,110 | 0 | 16,110 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | -191 | 1 | -18,437 | 12,504 | 6,123 | -145 | 145 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -191 | 1 | -18,437 | 12,504 | 6,123 | -145 | 145 |
prime machine tools limited Credit Report and Business Information
Prime Machine Tools Limited Competitor Analysis
Perform a competitor analysis for prime machine tools limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in WS9 area or any other competitors across 12 key performance metrics.
prime machine tools limited Ownership
PRIME MACHINE TOOLS LIMITED group structure
Prime Machine Tools Limited has no subsidiary companies.
Ultimate parent company
PRIME MACHINE TOOLS LIMITED
03979370
prime machine tools limited directors
Prime Machine Tools Limited currently has 1 director, Mr Ian Fowler serving since Aug 2000.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Fowler | United Kingdom | 65 years | Aug 2000 | - | Director |
P&L
March 2017turnover
149.3k
-26%
operating profit
42k
0%
gross margin
23.2%
+7.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2017net assets
-41.5k
-0.45%
total assets
36.3k
+14.29%
cash
0
0%
net assets
Total assets minus all liabilities
prime machine tools limited company details
company number
03979370
Type
Private limited with Share Capital
industry
33120 - Repair of machinery
incorporation date
April 2000
age
24
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2017
previous names
sevco 1154 limited (May 2000)
accountant
-
auditor
-
address
azzurri house, walsall rbusiness park, walsall road, walsall, WS9 0RB
Bank
-
Legal Advisor
-
prime machine tools 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 1 charges/mortgages relating to prime machine tools limited. Currently there are 1 open charges and 0 have been satisfied in the past.
prime machine tools limited Companies House Filings - See Documents
| date | description | view/download |
|---|
