primeview developments ltd

4.5

primeview developments ltd Company Information

Share PRIMEVIEW DEVELOPMENTS LTD
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MatureMidRapid

Company Number

04111649

Website

-

Registered Address

ground floor 100 college road, harrow, middlesex, HA1 1BQ

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Telephone

-

Next Accounts Due

December 2024

Group Structure

View All

Directors

Rajesh Tankaria23 Years

Shareholders

rajesh tankaria 100%

primeview developments ltd Estimated Valuation

£49.9m

Pomanda estimates the enterprise value of PRIMEVIEW DEVELOPMENTS LTD at £49.9m based on a Turnover of £15.4m and 3.25x industry multiple (adjusted for size and gross margin).

primeview developments ltd Estimated Valuation

£5.1m

Pomanda estimates the enterprise value of PRIMEVIEW DEVELOPMENTS LTD at £5.1m based on an EBITDA of £749.9k and a 6.85x industry multiple (adjusted for size and gross margin).

primeview developments ltd Estimated Valuation

£4.6m

Pomanda estimates the enterprise value of PRIMEVIEW DEVELOPMENTS LTD at £4.6m based on Net Assets of £4.6m and 0.99x industry multiple (adjusted for liquidity).

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Primeview Developments Ltd Overview

Primeview Developments Ltd is a live company located in middlesex, HA1 1BQ with a Companies House number of 04111649. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2000, it's largest shareholder is rajesh tankaria with a 100% stake. Primeview Developments Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £15.4m with rapid growth in recent years.

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Primeview Developments Ltd Health Check

Pomanda's financial health check has awarded Primeview Developments Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

3 Weak

size

Size

annual sales of £15.4m, make it larger than the average company (£800.8k)

£15.4m - Primeview Developments Ltd

£800.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (1.9%)

40% - Primeview Developments Ltd

1.9% - Industry AVG

production

Production

with a gross margin of 33%, this company has a higher cost of product (74.6%)

33% - Primeview Developments Ltd

74.6% - Industry AVG

profitability

Profitability

an operating margin of 4.9% make it less profitable than the average company (36.6%)

4.9% - Primeview Developments Ltd

36.6% - Industry AVG

employees

Employees

with 36 employees, this is above the industry average (4)

36 - Primeview Developments Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)

£30.4k - Primeview Developments Ltd

£30.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £427.5k, this is more efficient (£171.7k)

£427.5k - Primeview Developments Ltd

£171.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 94 days, this is later than average (30 days)

94 days - Primeview Developments Ltd

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 146 days, this is slower than average (37 days)

146 days - Primeview Developments Ltd

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Primeview Developments Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Primeview Developments Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 48.9%, this is a lower level of debt than the average (62.9%)

48.9% - Primeview Developments Ltd

62.9% - Industry AVG

PRIMEVIEW DEVELOPMENTS LTD financials

EXPORTms excel logo

Primeview Developments Ltd's latest turnover from March 2023 is estimated at £15.4 million and the company has net assets of £4.6 million. According to their latest financial statements, we estimate that Primeview Developments Ltd has 36 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover15,389,0518,856,3764,539,4365,634,9193,489,5524,404,35566,16364,799239,451563,122435,800312,258101,35821,812
Other Income Or Grants00000000000000
Cost Of Sales10,314,0815,985,7702,980,5013,732,8412,333,0822,911,25142,27343,199168,237395,193308,676221,74171,32115,002
Gross Profit5,074,9692,870,6061,558,9351,902,0781,156,4701,493,10423,89021,60071,214167,928127,12490,51730,0376,809
Admin Expenses4,325,0412,020,0111,089,9721,403,288758,5062,261,781-542,579-1,792,362-314,827-187,905-264,497-204,175-1,467-255,939
Operating Profit749,928850,595468,963498,790397,964-768,677566,4691,813,962386,041355,833391,621294,69231,504262,748
Interest Payable0000041,64582,12861,40836,62718,9880000
Interest Receivable0000038622514954081095481823314
Pre-Tax Profit749,928850,595468,963498,790397,964-809,935484,5661,752,703349,953337,655392,575295,51131,738262,763
Tax-142,486-161,613-89,103-94,770-75,6130-96,913-350,540-73,490-77,661-94,218-76,833-8,886-73,573
Profit After Tax607,442688,982379,860404,020322,351-809,935387,6531,402,162276,463259,994298,357218,67822,851189,189
Dividends Paid00000000000000
Retained Profit607,442688,982379,860404,020322,351-809,935387,6531,402,162276,463259,994298,357218,67822,851189,189
Employee Costs1,093,520691,96726,84527,39327,09451,90751,10426,03226,00049,53147,76723,86823,25424,345
Number Of Employees3624111221122111
EBITDA*749,928850,595468,963498,790397,964-768,677566,9811,814,564386,749356,666391,621294,69231,724263,022

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets5,140,5955,149,1985,212,7355,215,3024,098,0013,245,5272,8983,4103,979,4912,880,7661,398,8771,477,417809,551815,121
Intangible Assets00000000000000
Investments & Other0000004,557,3004,213,506000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets5,140,5955,149,1985,212,7355,215,3024,098,0013,245,5274,560,1984,216,9163,979,4912,880,7661,398,8771,477,417809,551815,121
Stock & work in progress000000000241,950020,66120,66120,661
Trade Debtors3,964,1782,432,2221,554,3331,701,3011,053,6201,519,7770036,04454,604018,59002,643
Group Debtors00000000000000
Misc Debtors0000001,090,404990,680000000
Cash000000154,49525,71233,699182,143141,943239,69187,6655,708
misc current assets00000000000000
total current assets3,964,1782,432,2221,554,3331,701,3011,053,6201,519,7771,244,8991,016,39269,743478,697141,943278,942108,32629,012
total assets9,104,7737,581,4206,767,0686,916,6035,151,6214,765,3045,805,0975,233,3084,049,2343,359,4631,540,8201,756,359917,877844,133
Bank overdraft00000074,25271,724000000
Bank loan00000000000000
Trade Creditors 4,136,2383,221,8623,365,4253,534,5432,151,3171,374,9689,9000245,6091,143,674452,605935,098131,55248,884
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities0000001,316,5131,058,205000000
total current liabilities4,136,2383,221,8623,365,4253,534,5432,151,3171,374,9681,400,6651,129,929245,6091,143,674452,605935,098131,55248,884
loans0000001,207,1201,275,015542,735584,2520000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities320,468318,93350,000410,277432,5411,144,92400801,486151,327328,540359,943543,685575,460
provisions000000141,865160,570000000
total long term liabilities320,468318,93350,000410,277432,5411,144,9241,348,9851,435,5851,344,221735,579328,540359,943543,685575,460
total liabilities4,456,7063,540,7953,415,4253,944,8202,583,8582,519,8922,749,6502,565,5141,589,8301,879,253781,1451,295,041675,237624,344
net assets4,648,0674,040,6253,351,6432,971,7832,567,7632,245,4123,055,4472,667,7942,459,4041,480,210759,675461,318242,640219,789
total shareholders funds4,648,0674,040,6253,351,6432,971,7832,567,7632,245,4123,055,4472,667,7942,459,4041,480,210759,675461,318242,640219,789
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit749,928850,595468,963498,790397,964-768,677566,4691,813,962386,041355,833391,621294,69231,504262,748
Depreciation00000051260270883300220274
Amortisation00000000000000
Tax-142,486-161,613-89,103-94,770-75,6130-96,913-350,540-73,490-77,661-94,218-76,833-8,886-73,573
Stock00000000-241,950241,950-20,6610020,661
Debtors1,531,956877,889-146,968647,681-466,157429,37399,724954,636-18,56054,604-18,59018,590-2,6432,643
Creditors914,376-143,563-169,1181,383,226776,3491,365,0689,900-245,609-898,065691,069-482,493803,54682,66848,884
Accruals and Deferred Income00000-1,316,513258,3081,058,205000000
Deferred Taxes & Provisions00000-141,865-18,705160,570000000
Cash flow from operations-10,138-332,470357,7101,139,5651,564,857-1,291,360619,8471,482,554-324,296673,520-145,8391,002,815108,149215,029
Investing Activities
capital expenditure8,60363,5372,567-1,117,301-852,474-3,242,62903,975,479-1,099,433-1,482,72278,540-667,8665,350-815,395
Change in Investments00000-4,557,300343,7944,213,506000000
cash flow from investments8,60363,5372,567-1,117,301-852,4741,314,671-343,794-238,027-1,099,433-1,482,72278,540-667,8665,350-815,395
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000-1,207,120-67,895732,280-41,517584,2520000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities1,535268,933-360,277-22,264-712,3831,144,9240-801,486650,159-177,213-31,403-183,742-31,775575,460
share issue00000-1000-1,193,772702,731460,54100030,600
interest00000-41,259-81,903-61,259-36,087-18,17895481823314
cash flow from financing1,535268,933-360,277-22,264-712,383-103,555-149,798-1,324,2371,275,286849,402-30,449-182,924-31,542606,074
cash and cash equivalents
cash00000-154,495128,783-7,987-148,44440,200-97,748152,02681,9575,708
overdraft00000-74,2522,52871,724000000
change in cash00000-80,243126,255-79,711-148,44440,200-97,748152,02681,9575,708

primeview developments ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Primeview Developments Ltd Competitor Analysis

BETA
competitor_analysis_table_img

Perform a competitor analysis for primeview developments ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in HA1 area or any other competitors across 12 key performance metrics.

primeview developments ltd Ownership

PRIMEVIEW DEVELOPMENTS LTD group structure

Primeview Developments Ltd has 1 subsidiary company.

Ultimate parent company

PRIMEVIEW DEVELOPMENTS LTD

04111649

1 subsidiary

PRIMEVIEW DEVELOPMENTS LTD Shareholders

rajesh tankaria 100%

primeview developments ltd directors

Primeview Developments Ltd currently has 1 director, Mr Rajesh Tankaria serving since Nov 2000.

officercountryagestartendrole
Mr Rajesh Tankaria52 years Nov 2000- Director

P&L

March 2023

turnover

15.4m

+74%

operating profit

749.9k

0%

gross margin

33%

+1.74%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

4.6m

+0.15%

total assets

9.1m

+0.2%

cash

0

0%

net assets

Total assets minus all liabilities

primeview developments ltd company details

company number

04111649

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

November 2000

age

24

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

March 2023

address

ground floor 100 college road, harrow, middlesex, HA1 1BQ

accountant

-

auditor

-

primeview developments ltd 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 18 charges/mortgages relating to primeview developments ltd. Currently there are 3 open charges and 15 have been satisfied in the past.

charges

primeview developments ltd Companies House Filings - See Documents

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